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Debt (Tables)
12 Months Ended
Jul. 03, 2021
Debt Disclosure [Abstract]  
Schedule of Carrying Amount of Debt the carrying amounts of the liability and equity components of the Senior Convertible Notes (in millions):
July 3, 2021June 27, 2020
Principal amount of 1.00% Senior Convertible Notes due 2024
$460.0 $— 
Unamortized discount of Senior Convertible Notes liability component, short-term(42.9)— 
Unamortized Senior Convertible Notes debt issuance cost, short-term(2.9)— 
Other short-term debt— 2.8 
Short-term debt414.2 2.8 
Principal amount of 1.00% Senior Convertible Notes due 2024
— 460.0 
Principal amount of 1.75% Senior Convertible Notes due 2023
225.0 225.0 
Unamortized discount of Senior Convertible Notes liability component, long-term(14.4)(79.1)
Unamortized Senior Convertible Notes debt issuance cost, long-term(0.8)(5.0)
Long-term debt209.8 600.9 
Temporary equity 1.00% Convertible Notes due 202445.8 — 
Carrying amount of Senior Convertible Notes equity component (1)
$91.0 $136.8 
(1)Included in additional paid-in-capital on the Consolidated Balance Sheets.
Schedule of Convertible Note Interest
The following table presents the interest expense for contractual interest, amortization of debt issuance cost and accretion of debt discount (in millions):
Years Ended
July 3, 2021June 27, 2020June 29, 2019
Interest expense-contractual interest$9.5 $8.5 $8.8 
Amortization of debt issuance cost2.0 1.4 1.4 
Accretion of debt discount21.7 20.8 21.3