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DEBT
 6 Months Ended
Dec. 28, 2022
Debt Disclosure [Abstract]  
Debt
Long-term debt consists of the following:
December 28,
2022		June 29,
2022
Revolving credit facility$311.3 $271.3 
5.000% notes350.0 350.0 
3.875% notes(1)
300.0 300.0 
Finance lease obligations78.9 90.2 
Total long-term debt and finance leases1,040.2 1,011.5 
Less: unamortized debt issuance costs and discounts(1.5)(2.1)
Total long-term debt, less unamortized debt issuance costs and discounts1,038.7 1,009.4 
Less: current installments of long-term debt and finance leases(2)
(15.4)(20.3)
Long-term debt and finance leases, less current installments$1,023.3 $989.1 
(1)Obligations under our 3.875% notes, which will mature in May 2023, have been classified as long-term, reflecting our intent and ability to refinance these notes through our existing revolving credit facility.
(2)Current installments of long-term debt consist of finance leases and are recorded within Other accrued liabilities in the Consolidated Balance Sheets (Unaudited). Refer to Note 10 - Accrued Liabilities for further details.
Revolving Credit Facility
In the twenty-six week period ended December 28, 2022, net borrowings of $40.0 million were drawn on our revolving credit facility. As of December 28, 2022, $488.7 million of credit was available under the revolving credit facility.
The $800.0 million revolving credit facility matures on August 18, 2026 and bears interest of LIBOR plus an applicable margin of 1.500% to 2.250% and an undrawn commitment fee of 0.250% to 0.350%, both based on a function of our debt-to-cash-flow ratio. As of December 28, 2022, our interest rate was 6.438% consisting of LIBOR of 4.438% plus the applicable margin of 2.000%.
Financial CovenantsOur debt agreements contain various financial covenants that, among other things, require the maintenance of certain leverage ratios. As of December 28, 2022, we were in compliance with our covenants pursuant to the $800.0 million revolving credit facility and under the terms of the indentures governing our 3.875% notes and 5.000% notes. We expect to remain in compliance with our covenants during the remainder of fiscal 2023.