v3.26.1
Fair Value of Financial Instruments - Schedule of Financial Instruments Carried at Fair Value (Details) - USD ($)
$ in Millions
Mar. 29, 2026
Sep. 29, 2025
Jun. 29, 2025
Liabilities:      
Forward equity contract   $ 371.1  
Warrants   $ 33.6  
Level 1 | Money market funds      
Assets:      
Cash and cash equivalents, fair value disclosure $ 36.8   $ 61.8
Level 1 | U.S. treasury securities      
Assets:      
Cash and cash equivalents, fair value disclosure 201.3   224.6
Level 1 | MACOM Shares      
Assets:      
Cash and cash equivalents, fair value disclosure 0.0   102.0
Level 2      
Liabilities:      
Forward equity contract 0.0   0.0
Level 2 | Municipal bonds      
Assets:      
Cash and cash equivalents, fair value disclosure 104.8   79.2
Level 2 | Corporate bonds      
Assets:      
Cash and cash equivalents, fair value disclosure 221.3   196.8
Level 2 | Commercial paper      
Assets:      
Cash and cash equivalents, fair value disclosure 53.6   28.3
Level 2 | Certificates of deposit      
Assets:      
Cash and cash equivalents, fair value disclosure 22.7   5.0
Level 3      
Liabilities:      
Warrants 0.0   0.0
Embedded derivative on New 2L Renesas Convertible Notes $ 0.0   $ 0.0