XML 34 R56.htm IDEA: XBRL DOCUMENT v2.4.0.8
Components of Notes (Detail) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 3 Months Ended 3 Months Ended
Sep. 28, 2014
2.625% Notes due 2041
Jun. 29, 2014
2.625% Notes due 2041
Jun. 24, 2012
2.625% Notes due 2041
Sep. 28, 2014
0.50% Notes due 2016
Jun. 29, 2014
0.50% Notes due 2016
May 31, 2011
0.50% Notes due 2016
Sep. 28, 2014
1.25% Notes due 2018
Jun. 29, 2014
1.25% Notes due 2018
May 31, 2011
1.25% Notes due 2018
Debt Instrument [Line Items]                  
Carrying value, long-term       $ 423,481 $ 419,561   $ 391,011 $ 387,338  
Carrying value, current portion 517,503 [1] 516,586 [1]              
Unamortized discount 182,432 [1] 183,349 [1]   26,519 30,439   58,989 62,662  
Principal amount 699,935 [1] 699,935 [1] 700,000 450,000 450,000 450,000 450,000 450,000 450,000
Remaining amortization period (years) 26 years 8 months 12 days [1]     1 year 7 months 6 days     3 years 7 months 6 days    
Effective interest rate on liability component 4.28% [1]     4.29%     5.27%    
Carrying amount of equity component, net of tax 328,109 [1]     76,230     104,895    
Fair Value of Notes (Level 1) 1,542,041 [1]     573,525     610,205    
Conversion rate (shares of common stock per $1,000 principal amount of notes) 28.6288 [1]     15.9527     15.9527    
Conversion price (per share of common stock) $ 34.93 [1]     $ 62.69     $ 62.69    
If-converted value in excess of par value $ 807,144 [1]     $ 89,911     $ 89,911    
[1] During the quarter-ended September 28, 2014 and June 29, 2014 the market value of the Common Stock was greater than or equal to 130% of the 2041 Note conversion price for 20 or more trading days of the 30 consecutive trading days preceding the quarter end. As a result, the 2041 Notes are convertible at the option of the holder. The carrying amount of the 2041 Notes was classified in current liabilities and the excess of the amount of cash payable, if converted, over the carrying amount of the 2041 Notes was classified as temporary equity in the Company's Consolidated Balance Sheets as of September 28, 2014 and June 29, 2014. Upon closure of a conversion period, all 2041 Notes not converted will be reclassified back to noncurrent liabilities and the temporary equity is reclassified to permanent equity.