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Debt (Tables)
12 Months Ended
Jun. 28, 2025
Debt Disclosure [Abstract]  
Schedule of Carrying Amount of Debt
As of June 28, 2025 and June 29, 2024, the Company’s debt on the Consolidated Balance Sheets represented the carrying amount of the Senior Convertible and Senior Notes, net of unamortized debt discount and issuance costs, as follows (in millions):
June 28, 2025June 29, 2024
Principal amount of 1.625% Senior Convertible Notes
$250.0 $— 
Unamortized 1.625% Senior Convertible Notes debt discount
(3.3)— 
Unamortized 1.625% Senior Convertible Notes debt issuance cost
(0.5)— 
Short-term debt$246.2 $— 
Principal amount of 3.75% Senior Notes
$400.0 $400.0 
Unamortized 3.75% Senior Notes debt issuance cost
(3.7)(4.6)
Principal amount of 1.625% Senior Convertible Notes
— 250.0 
Unamortized 1.625% Senior Convertible Notes debt discount
— (8.1)
Unamortized 1.625% Senior Convertible Notes debt issuance cost
— (1.3)
Long-term debt$396.3 $636.0 
Schedule of Convertible Note Interest
The following table presents the interest expense for contractual interest, amortization of debt issuance cost, accretion of debt discount and other (in millions):
Years Ended
June 28, 2025June 29, 2024July 1, 2023
Contractual interest$19.1 $19.7 $19.2 
Amortization of debt issuance cost2.4 2.6 2.5 
Accretion of debt discount4.9 4.9 1.6 
Other3.6 3.7 3.8 
  Total Interest Expense$30.0 $30.9 $27.1