v3.23.2
Schedule 1 - Registrant's Condensed Financial Statements - Condensed Balance Sheets (Detail) - USD ($)
$ in Millions
Jul. 01, 2023
Jul. 02, 2022
Jul. 03, 2021
Jun. 27, 2020
ASSETS        
Total assets $ 12,499.0 $ 12,378.0    
Current liabilities:        
Accrued expenses and other current liabilities 891.5 882.6    
Total current liabilities 3,553.1 3,633.0    
Total liabilities 8,753.5 9,078.5    
Commitments and contingencies    
Shareholders’ equity:        
Common Stock: $0.01 par value per share, 1.0 billion shares authorized, 154.5 million shares issued and outstanding as of July 1, 2023; 153.6 million shares issued and outstanding as of July 2, 2022 1.5 1.5    
Additional paid-in capital 2,863.0 2,816.8    
Retained earnings 867.0 469.8    
Total shareholders’ equity 3,745.5 3,299.5 $ 2,106.1 $ 2,010.6
Total liabilities and shareholders’ equity 12,499.0 12,378.0    
Parent Company [Member]        
ASSETS        
Investment in wholly owned subsidiary 3,826.3 3,370.0    
Total assets 3,826.3 3,370.0    
Current liabilities:        
Accrued expenses and other current liabilities 0.4 0.0    
Total current liabilities 0.4 0.0    
Intercompany payable 80.4 70.5    
Total liabilities 80.8 70.5    
Commitments and contingencies    
Shareholders’ equity:        
Common Stock: $0.01 par value per share, 1.0 billion shares authorized, 154.5 million shares issued and outstanding as of July 1, 2023; 153.6 million shares issued and outstanding as of July 2, 2022 1.5 1.5    
Additional paid-in capital 2,863.0 2,816.8    
Retained earnings 881.0 481.2    
Total shareholders’ equity 3,745.5 3,299.5    
Total liabilities and shareholders’ equity $ 3,826.3 $ 3,370.0