Financing Arrangements (Tables)

9 Months Ended

Jan. 24, 2014

Carrying Value of Long-Term Debt

The following table summarizes the carrying value of our long-term debt (in millions):

	January 24, 2014						April 26, 2013
	Amount			Effective Interest Rate			Amount			Effective Interest Rate
2.00% Senior Notes due 2017	$	750.0			2.25	%	$	750.0			2.25	%
3.25% Senior Notes due 2022		250.0			3.43	%		250.0			3.43	%
1.75% Convertible Notes due 2013		0.0			N/A			1,264.9			6.31	%
Total principal amount		1,000.0						2,264.9
Less: Unamortized discount		(4.8	)					(12.5	)
Total debt		995.2						2,252.4
Less: Current portion		(0.0	)					(1,257.8	)
Total long-term portion	$	995.2					$	994.6

N/A - Not Applicable

Amount of Interest Expense Related to Convertible Notes

The following table presents the amount of interest expense related to the Convertible Notes (in millions):

	Three Months Ended		Nine Months Ended
	January 25, 2013		January 24, 2014		January 25, 2013
Contractual coupon interest expense	$	5.5	$	2.5	$	16.5
Amortization of debt discount		13.9		7.1		41.0
Amortization of debt issuance costs		1.2		0.6		3.6
Less capitalized interest		0.0		0.0		(1.1	)
Total interest expense related to Convertible Notes	$	20.6	$	10.2	$	60.0

Future Principal Debt Maturities

As of January 24, 2014, our aggregate future principal debt maturities are as follows (in millions):

Fiscal Year	Amount
2018	$	750.0
Thereafter		250.0
Total	$	1,000.0

Amounts Due Under Other Long-Term Financing Arrangements

The following presents the amounts due under other long-term financing arrangements (in millions):

	January 24, 2014			April 26, 2013
Other long-term financing arrangements	$	14.8		$	10.8
Less: current portion		(6.9	)		(5.2	)
Non-current portion of other long-term financing arrangements	$	7.9		$	5.6