WOLFSPEED, INC. (CREE) [Rocket]

In millions, except per share items	Jun-25-23	Jun-26-22	Jun-27-21	Jun-28-20	Jun-30-19	Jun-24-18	Jun-25-17	Jun-26-16
	10-K	10-K	10-K	10-K	10-K	10-K	10-K	10-K
Assets
Current assets:
Cash and cash equivalents	1,757.0	449.5	379.0	448.8	500.5	118.9	132.6	166.2
Short-term investments	1,197.9	749.3
Total cash, cash equivalents and short-term investments	2,954.9	1,198.8	1,154.6	1,239.7	1,051.4	387.1	610.9	605.3
Accounts receivable, net	154.8	150.2	95.9	72.4	128.9	86.4	148.4	165.6
Inventories	327.5	227.0	166.6	121.9	187.4	151.6	284.4	303.5
Income taxes receivable	0.8	1.3	6.4	6.6	0.2	2.3	8.0	6.3
Prepaid expenses	36.8	32.1	25.7	26.2	23.3	24.5	23.3	26.8
Other current assets	131.7	151.4	27.9	8.7	19.7	12.9	23.4	44.8
Current assets held for sale		1.6	1.6	1.3	1.9	2.2	2.2
Total current assets	3,606.5	1,762.4	1,478.7	1,592.8	1,412.8	890.4	1,100.6	1,156.7
Property and equipment, net	2,191.4	1,481.1	1,292.3	770.8
Goodwill	359.2	359.2	359.2	349.7	530.0	530.0	618.8	618.8
Intangible assets, net	115.9	125.4	140.5	156.9	197.9	215.8	274.3	302.8
Long-term receivables	2.6	104.7
Deferred tax assets	1.2	1.0	1.0	1.2	5.6	5.8	11.8	38.6
Other assets	309.9	83.7	35.5	33.6	5.9	11.5	12.7	9.2
Total assets	6,586.7	3,917.5	3,446.8	3,231.0	2,816.9	2,637.8	2,649.9	2,766.1

Liabilities and Shareholders' Equity
Current liabilities:
Accounts payable and accrued expenses	536.9	307.7	381.1	189.8	200.9	148.5
Accrued contract liabilities	43.0	37.0	22.9	14.2	45.8
Income taxes payable	9.6	11.6	0.4	1.2	3.0
Finance lease liabilities	0.5	0.5	5.2	3.6
Other current liabilities	37.9	31.7	38.6	22.2	18.5	19.3	37.0	46.1
Total current liabilities	627.9	388.5	448.8	291.2	268.2	248.6	212.0	223.0

Long-term liabilities:
Long-term debt	1,149.5
Convertible notes, net	3,025.6	1,021.6	823.9	783.8	469.1
Deferred tax liabilities	3.9	3.2	2.5	1.8	2.0	3.1	49.9	0.9
Finance lease liabilities - long-term	9.2	9.6	10.0	11.4
Other long-term liabilities	148.7	55.3	44.5	43.8	36.4	0.5	20.2	14.3
Total long-term liabilities	4,336.9	1,089.7	881.5	850.6	507.5	317.1	215.0	175.2

Commitments and contingencies
Shareholders’ equity:
Common stock	0.2	0.2	0.1	0.1	0.1	0.1	0.1	0.1
Additional paid-in-capital	3,711.0	4,228.4	3,676.8	3,106.2	2,874.1	2,549.1	2,419.5	2,359.6
Accumulated other comprehensive loss	-25.1	-25.3	2.7	16.0	9.5	0.6	5.9	8.7
Accumulated deficit	-2,064.2	-1,764.0	-1,563.1	-1,039.2	-847.5	-482.7	-202.7	-0.6
Total shareholders’ equity	1,621.9	2,439.3	2,116.5	2,083.1	2,036.2	2,067.1	2,222.8	2,367.8
Total liabilities and shareholders’ equity	6,586.7	3,917.5	3,446.8	3,231.0	2,816.9	2,637.8	2,649.9	2,766.1