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Long-term Debt (Tables)
6 Months Ended
Dec. 31, 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)December 31, 2023June 25, 2023
Principal$3,075.0 $3,075.0 
Unamortized discount and issuance costs(44.7)(49.4)
Net carrying amount$3,030.3 $3,025.6 
The net carrying amount of the liability component of the 2030 Senior Notes and the deposits under the CRD Agreement is as follows:
(in millions of U.S. Dollars)December 31, 2023June 25, 2023
Principal$2,250.0 $1,250.0 
Unamortized discount and issuance costs(112.7)(100.5)
Net carrying amount$2,137.3 $1,149.5 
Schedule of Interest Expense
The interest expense, net recognized related to the Corporate Debt Holdings and the deposits under the CRD Agreement is as follows:
Three months endedSix months ended
(in millions of U.S. Dollars)December 31, 2023December 25, 2022December 31, 2023December 25, 2022
Interest expense, net of capitalized interest$56.0 $5.7 $109.7 $8.7 
Amortization of discount and debt issuance costs, net of capitalized interest7.4 1.6 14.6 2.9 
Total interest expense, net$63.4 $7.3 $124.3 $11.6