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Long-term Debt (Tables)
 6 Months Ended
Dec. 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 Outstanding Notes is as follows:
(in millions of U.S. Dollars)December 25, 2022June 26, 2022
Principal$3,075.0 $1,325.0 
Unamortized discount and issuance costs(54.0)(303.4)
Net carrying amount$3,021.0 $1,021.6 
The net carrying amount of the equity component of the Outstanding Notes is as follows:
(in millions of U.S. Dollars)
December 25, 2022 (1)
June 26, 2022
Discount related to value of conversion option$— $341.1 
Debt issuance costs— (8.1)
Net carrying amount$— $333.0 
(1) As discussed above, the equity components of the 2026 Notes and 2028 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 Outstanding Notes is as follows:
Three months endedSix months ended
(in millions of U.S. Dollars)December 25, 2022December 26, 2021December 25, 2022December 26, 2021
Interest expense, net of capitalized interest$5.7 $0.8 $8.7 $1.9 
Amortization of discount and debt issuance costs, net of capitalized interest1.6 3.9 2.9 9.0 
Total interest expense, net$7.3 $4.7 $11.6 $10.9