Financing Arrangements (Tables)

12 Months Ended

Apr. 25, 2014

Carrying Value of Long-Term Debt

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

	April 25, 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		(4.5	)					(12.5	)
Total debt		995.5						2,252.4
Less: Current portion		(0.0	)					(1,257.8	)
Total long-term portion	$	995.5					$	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):

	Year Ended
	April 25, 2014		April 26, 2013			April 27, 2012
Contractual coupon interest expense	$	2.5	$	22.0		$	22.0
Amortization of debt discount		7.1		55.5			52.0
Amortization of debt issuance costs		0.6		4.8			4.5
Less capitalized interest		0.0		(1.1	)		(5.0	)
Total interest expense related to Convertible Notes	$	10.2	$	81.2		$	73.5

Future Principal Debt Maturities

As of April 25, 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):

	April 25, 2014			April 26, 2013
Other long-term financing arrangements	$	13.1		$	10.8
Less: current portion		(6.6	)		(5.2	)
Non-current portion of other long-term financing arrangements	$	6.5		$	5.6