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Long-term Debt (Tables)
 6 Months Ended
Dec. 29, 2024
Debt Disclosure [Abstract]  
Schedule of Long-term Debt
December 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 ($3.2)$571.8 $575.0 ($4.3)$570.7 
0.25% Convertible Notes(1)
0.6 %750.0 (9.4)740.6 750.0 (10.9)739.1 
1.875% Convertible Notes(1)
2.1 %1,750.0 (22.8)1,727.2 1,750.0 (24.9)1,725.1 
2030 Senior Notes(2)
16.3 %1,505.9 (80.0)1,425.9 1,250.0 (80.3)1,169.7 
CRD Agreement Deposits(2)
6.8 %2,000.0 (41.7)1,958.3 2,000.0 (43.5)1,956.5 
$6,580.9 ($157.1)$6,423.8 $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 endedSix months ended
(in millions of U.S. Dollars)December 29, 2024December 31, 2023December 29, 2024December 31, 2023
Interest expense, net of capitalized interest$66.6 $56.0 $123.4 $109.7 
Amortization of discount and debt issuance costs, net of capitalized interest13.3 7.4 20.0 14.6 
Total interest expense, net$79.9 $63.4 $143.4 $124.3 

The Company capitalizes interest in connection with ongoing capacity expansions.
Three months endedSix months ended
(in millions of U.S. Dollars)December 29, 2024December 31, 2023December 29, 2024December 31, 2023
Interest expense capitalized
$17.4 $5.2 $33.3 $7.5 
Amortization of discount and debt issuance costs capitalized
3.5 0.7 5.5 1.0 
Total interest expense capitalized
$20.9 $5.9 $38.8 $8.5