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Long-term Debt (Tables) | 3 Months Ended
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Sep. 25, 2022
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 25, 2022 |  | June 26, 2022
Principal | $1,325.0 |  |  | $1,325.0 |
Unamortized discount and issuance costs | (24.2) |  |  | (303.4) |
Net carrying amount | $1,300.8 |  |  | $1,021.6 |
The net carrying amount of the equity component of the Notes is as follows:
(in millions of U.S. Dollars) | September 25, 2022 (1) |  | June 26, 2022
Discount related to value of conversion option | $— |  |  | $341.1 |
Debt issuance costs | — |  |  | (8.1) |
Net carrying amount | $— |  |  | $333.0 |
(1) As discussed above, the equity components of the Notes were eliminated upon adoption of ASU 2020-06 on June 27, 2022, the first day of fiscal 2023.
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 25, 2022 |  | September 26, 2021
Interest expense, net of capitalized interest |  |  |  |  | $3.0 |  |  | $1.1 |
Amortization of discount and issuance costs, net of capitalized interest |  |  |  |  | 1.3 |  |  | 5.1 |
Total interest expense, net |  |  |  |  | $4.3 |  |  | $6.2 |

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