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Long-term Debt (Tables)
 12 Months Ended
Jun. 25, 2023
Debt Disclosure [Abstract]  
Schedule of Liability and Equity Components of Long-term Debt
The net carrying amount of the liability component of the Outstanding Convertible Notes is as follows:
(in millions of U.S. Dollars)June 25, 2023June 26, 2022
Principal$3,075.0 $1,325.0 
Unamortized discount and issuance costs(49.4)(303.4)
Net carrying amount$3,025.6 $1,021.6 
The net carrying amount of the equity component of the Outstanding Convertible Notes is as follows:
(in millions of U.S. Dollars)
June 25, 2023 (1)
June 26, 2022
Discount related to value of conversion option$— $341.1 
Debt issuance costs— (8.1)
Net carrying amount$— $333.0 
(1) As discussed above, the equity components of the 2026 Notes and 2028 Notes were eliminated upon adoption of ASU 2020-06 on June 27, 2022, the first day of fiscal 2023.
The net carrying amount of the liability component of the 2030 Senior Notes is as follows:
(in millions of U.S. Dollars)June 25, 2023
Principal$1,250.0 
Unamortized discount and issuance costs(100.5)
Net carrying amount$1,149.5 
Schedule of Interest Expense
The interest expense, net recognized related to the Corporate Debt Holdings is as follows:
Fiscal Years Ended
(in millions of U.S. Dollars)June 25, 2023June 26, 2022June 27, 2021
Interest expense, net of capitalized interest$32.3 $2.6 $10.4 
Amortization of discount and issuance costs, net of capitalized interest7.5 20.1 32.8 
Total interest expense, net$39.8 $22.7 $43.2