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Debt (Tables)

9 Months Ended

Apr. 01, 2023

Debt Disclosure [Abstract]

Schedule of Debt

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

			April 1, 2023						July 2, 2022
			(millions)
Current debt:
Term Loan			$	25.0					$	31.2
Total current debt			$	25.0					$	31.2
Long-term debt:
Term Loan			$	450.0					$	468.8
3.050% Senior Notes due 2032			500.0						500.0
4.125% Senior Notes due 2027			396.6						396.6
4.250% Senior Notes due 2025			303.4						303.4
Total long-term debt			1,650.0						1,668.8
Less: Unamortized discount and debt issuance costs on Senior Notes			(8.4)						(9.6)
Total long-term debt, net			$	1,641.6					$	1,659.2

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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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