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Debt (Tables)

9 Months Ended

Mar. 27, 2021

Debt Disclosure [Abstract]

Summary of the Components of Outstanding Debt

The following table summarizes the components of the Company’s outstanding debt:

			March 27, 2021						June 27, 2020
			(millions)
Current debt:
Revolving Credit Facility			$	—					$	700.0
Note Payable			—						11.5
Total current debt			$	—					$	711.5
Long-term debt:
4.250% Senior Notes due 2025			$	600.0					$	600.0
3.000% Senior Notes due 2022			400.0						400.0
4.125% Senior Notes due 2027			600.0						600.0
Total long-term debt			1,600.0						1,600.0
Less: Unamortized discount and debt issuance costs on Senior Notes			(10.0)						(12.1)
Total long-term debt, net			$	1,590.0					$	1,587.9

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- Definition

Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation.

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