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Long-term Debt (Tables)
3 Months Ended
Sep. 27, 2020
Debt Disclosure [Abstract]  
Schedule of Liability and Equity Components of Long-term Debt
The net carrying amount of the liability component of the Notes is as follows:
(in millions of U.S. Dollars)September 27, 2020June 28, 2020
Principal$999.8 $999.8 
Unamortized discount and issuance costs(206.2)(216.0)
Net carrying amount$793.6 $783.8 
The net carrying amount of the equity component of the Notes is as follows:
(in millions of U.S. Dollars)September 27, 2020June 28, 2020
Discount related to value of conversion option$262.3 $262.3 
Partial extinguishment of 2023 Notes(27.7)(27.7)
Debt issuance costs(6.3)(6.3)
Net carrying amount$228.3 $228.3 
Schedule of Interest Expense
The interest expense, net recognized related to the Notes is as follows:
Three months ended
(in millions of U.S. Dollars)September 27, 2020September 29, 2019
Interest expense, net of capitalized interest$3.2 $1.3 
Amortization of discount and issuance costs, net of capitalized interest9.4 5.6 
Total interest expense, net$12.6 $6.9