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Long-term Debt (Tables)
 3 Months Ended
Sep. 29, 2024
Debt Disclosure [Abstract]  
Schedule of Long-term Debt
September 29, 2024June 30, 2024
(in millions of U.S. Dollars)
Effective Interest Rate
Principal
Unamortized Discount
Net
Principal
Unamortized Discount
Net
1.75% Convertible Notes(1)
2.2 %$575.0 ($3.7)$571.3 $575.0 ($4.3)$570.7 
0.25% Convertible Notes(1)
0.6 %750.0 (10.1)739.9 750.0 (10.9)739.1 
1.875% Convertible Notes(1)
2.1 %1,750.0 (23.9)1,726.1 1,750.0 (24.9)1,725.1 
2030 Senior Notes(2)
12.4 %1,250.0 (74.8)1,175.2 1,250.0 (80.3)1,169.7 
CRD Agreement Deposits(2)
6.3 %2,000.0 (42.6)1,957.4 2,000.0 (43.5)1,956.5 
$6,325.0 ($155.1)$6,169.9 $6,325.0 ($163.9)$6,161.1 
(1) Presented in convertible notes
(2) Presented in long-term debt
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 ended
(in millions of U.S. Dollars)September 29, 2024September 24, 2023
Interest expense, net of capitalized interest$56.8 $53.7 
Amortization of discount and debt issuance costs, net of capitalized interest6.7 7.2 
Total interest expense, net$63.5 $60.9 

The Company capitalizes interest in connection with ongoing capacity expansions.
Three months ended
(in millions of U.S. Dollars)September 29, 2024September 24, 2023
Interest expense capitalized
$15.9 $2.3 
Amortization of discount and debt issuance costs capitalized
2.0 0.3 
Total interest expense capitalized
$17.9 $2.6