Financial Summary (All financials)
| In millions, except per share items | Jun-26-21 | Jun-27-20 | Jun-29-19 | Jun-30-18 | Jun-24-17 | Jun-25-16 | Jun-27-15 | Jun-28-14 |
| Revenues | 2,632.5 | 2,191.4 | 2,314.3 | 2,480.1 | 2,295.6 | 2,194.7 | 2,306.9 | 2,453.7 |
| Revenue growth | 20.1% | -5.3% | -6.7% | 8.0% | 4.6% | -4.9% | -6.0% | 0.5% |
| Cost of goods sold | 872.2 | 758.7 | 813.8 | 853.9 | 849.1 | 950.3 | 1,035.0 | 1,068.9 |
| Gross profit | 1,760.3 | 1,432.7 | 1,500.5 | 1,626.1 | 1,446.5 | 1,244.4 | 1,271.9 | 1,384.8 |
| Gross margin | 66.9% | 65.4% | 64.8% | 65.6% | 63.0% | 56.7% | 55.1% | 56.4% |
| Selling, general and administrative | 814.6 | 746.3 | 308.6 | 322.9 | 291.5 | 288.9 | 308.1 | 324.7 |
| Research and development | 454.3 | 440.2 | 435.2 | 450.9 | 454.0 | 467.2 | 521.8 | 558.2 |
| EBITA | 963.9 | 694.8 | 756.5 | 853.9 | 723.9 | 511.1 | 444.1 | 483.5 |
| EBITA margin | 36.6% | 31.7% | 32.7% | 34.4% | 31.5% | 23.3% | 19.2% | 19.7% |
| Amortization of intangibles | 3.6 | 3.1 | 3.0 | 4.5 | 9.2 | 12.2 | 16.1 | 17.7 |
| EBIT | 960.3 | 691.8 | 753.5 | 849.4 | 714.7 | 498.9 | 428.0 | 465.8 |
| EBIT margin | 36.5% | 31.6% | 32.6% | 34.2% | 31.1% | 22.7% | 18.6% | 19.0% |
| Pre-tax income | 929.7 | 678.1 | 754.4 | 824.9 | 679.6 | 285.1 | 246.2 | 409.2 |
| Income taxes | 102.5 | 23.4 | -73.1 | 357.6 | 108.0 | 57.6 | 40.1 | 54.4 |
| Tax rate | 11.0% | 3.5% | | 43.3% | 15.9% | 20.2% | 16.3% | 13.3% |
| Net income | 827.3 | 654.7 | 827.5 | 467.3 | 571.6 | 227.5 | 206.0 | 354.8 |
| Net margin | 31.4% | 29.9% | 35.8% | 18.8% | 24.9% | 10.4% | 8.9% | 14.5% |
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| Diluted EPS | $3.05 | $2.41 | $2.97 | $1.64 | $1.98 | $0.79 | $0.71 | $1.23 |
| Shares outstanding (diluted) | 270.9 | 272.0 | 278.8 | 285.7 | 288.0 | 289.5 | 288.9 | 289.1 |
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| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
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