v3.23.2
Schedule 1 - Registrant's Condensed Financial Statements - Condensed Statements of Cash Flows (Detail) - USD ($)
$ in Millions
12 Months Ended
Jul. 01, 2023
Jul. 01, 2023
Jul. 02, 2022
Jul. 03, 2021
Cash flows from operating activities:        
Net income   $ 397.2 $ 112.5 $ 40.7
Changes in operating assets and liabilities, net        
Income taxes receivable   (11.0) 46.7 106.9
Accrued expenses and other liabilities   8.8 60.6 99.2
Net cash provided by (used in) operating activities   832.1 276.5 64.6
Cash flows from investing activities:        
Net cash paid for acquisitions $ (224.4) (63.8) (1,650.5) (18.1)
Net cash used in investing activities   (294.6) (1,861.5) (199.8)
Cash flows from financing activities:        
Proceeds from exercise of stock options   3.1 2.7 5.0
Proceeds from employee stock purchase plan   27.7 24.6 26.2
Cash paid for shares withheld to cover taxes   (12.6) (11.4) (4.2)
Repurchases of common stock   (11.2) 0.0 0.0
Net cash (used in) provided by financing activities   (536.2) 1,581.5 (274.4)
Net increase (decrease) in cash and restricted cash   1.3 (3.5) (409.6)
Parent Company [Member]        
Cash flows from operating activities:        
Net income   397.2 112.5 40.7
Adjustments to reconcile net income to net cash provided by (used in) operating activities        
Equity in net income of subsidiary   (398.0) (113.2) (41.8)
Changes in operating assets and liabilities, net        
Accrued expenses and other liabilities   0.4 0.0 (0.2)
Intercompany payables   9.9 9.4 0.5
Net cash provided by (used in) operating activities   9.5 8.7 (0.8)
Cash flows from investing activities:        
Net cash paid for acquisitions   0.0 (1,386.1) 0.0
Capital contribution to subsidiary   (27.7) (83.1) (26.2)
Distribution from subsidiary   11.2 1,444.6 0.0
Net cash used in investing activities   (16.5) (24.6) (26.2)
Cash flows from financing activities:        
Proceeds from exercise of stock options   3.1 2.7 5.0
Proceeds from employee stock purchase plan   27.7 24.6 26.2
Cash paid for shares withheld to cover taxes   (12.6) (11.4) (4.2)
Repurchases of common stock   (11.2) 0.0 0.0
Net cash (used in) provided by financing activities   7.0 15.9 27.0
Net increase (decrease) in cash and restricted cash   0.0 0.0 0.0
Cash and restricted cash, beginning of period   0.0 0.0 0.0
Cash and restricted cash, end of period $ 0.0 $ 0.0 $ 0.0 $ 0.0