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Long-term Debt (Tables) | 9 Months Ended
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Mar. 30, 2025
Debt Disclosure [Abstract] |
Schedule of Long-term Debt |
|  | March 30, 2025 |  | June 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 |  |  | ($2.5) |  |  | $572.5 |  |  | $575.0 |  |  | ($4.3) |  |  | $570.7 |
0.25% Convertible Notes(1) | 0.6 | % | 750.0 |  |  | (8.7) |  |  | 741.3 |  |  | 750.0 |  |  | (10.9) |  |  | 739.1 |
1.875% Convertible Notes(1) | 2.1 | % | 1,750.0 |  |  | (21.8) |  |  | 1,728.2 |  |  | 1,750.0 |  |  | (24.9) |  |  | 1,725.1 |
2030 Senior Notes(2) | 16.3 | % | 1,513.5 |  |  | (66.2) |  |  | 1,447.3 |  |  | 1,250.0 |  |  | (80.3) |  |  | 1,169.7 |
CRD Agreement Deposits(2) | 6.8 | % | 2,062.0 |  |  | (39.5) |  |  | 2,022.5 |  |  | 2,000.0 |  |  | (43.5) |  |  | 1,956.5 |
|  | $6,650.5 |  |  | ($138.7) |  |  | $6,511.8 |  |  | $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 ended |  | Nine months ended
(in millions of U.S. Dollars) | March 30, 2025 |  | March 31, 2024 |  | March 30, 2025 |  | March 31, 2024
Interest expense, net of capitalized interest | $70.2 |  |  | $51.7 |  |  | $193.6 |  |  | $161.4 |
Amortization of discount and debt issuance costs, net of capitalized interest | 14.5 |  |  | 7.0 |  |  | 34.5 |  |  | 21.6 |
Total interest expense, net | $84.7 |  |  | $58.7 |  |  | $228.1 |  |  | $183.0 |
The Company capitalizes interest in connection with ongoing capacity expansions.
| Three months ended |  | Nine months ended
(in millions of U.S. Dollars) | March 30, 2025 |  | March 31, 2024 |  | March 30, 2025 |  | March 31, 2024
Interest expense capitalized | $18.9 |  |  | $8.6 |  |  | $52.2 |  |  | $16.1 |
Amortization of discount and debt issuance costs capitalized | 3.9 |  |  | 1.1 |  |  | 9.4 |  |  | 2.1 |
Total interest expense capitalized | $22.8 |  |  | $9.7 |  |  | $61.6 |  |  | $18.2 |

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