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Consolidated Statements of Income (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Dec. 28, 2013
Dec. 29, 2012
Dec. 28, 2013
Dec. 29, 2012
Net sales $ 979.0 [1] $ 883.0 [1] $ 1,912.4 [1] $ 1,652.7 [1]
Cost of sales 618.3 575.8 1,195.4 1,060.3
Gross profit 360.7 307.2 717.0 592.4
Operating expenses        
Distribution 14.0 11.7 27.2 22.5
Research and development 37.5 28.3 69.8 55.7
Selling 47.3 43.1 97.6 80.5
Administration 154.4 60.2 233.2 113.3
Write-off of in process research and development 6.0 0 6.0 0
Restructuring 14.9 0 17.0 0
Total operating expenses 274.1 143.3 450.8 272.0
Operating Income 86.6 [1] 163.9 [1] 266.2 [1] 320.4 [1]
Interest, net 29.7 15.3 51.1 31.2
Other expense, net 4.1 0.1 5.1 0
Loss on sale of investment 0 3.0 0 3.0
Loss on extinguishment of debt 165.8 0 165.8 0
Income (loss) before income taxes (113.0) 145.5 44.2 286.2
Income tax expense (benefit) (27.0) 39.5 18.9 74.7
Net income (loss) $ (86.0) $ 106.0 $ 25.3 $ 211.5
Earnings (loss) per share        
Basic earnings (loss) per share $ (0.87) $ 1.13 $ 0.26 $ 2.26
Diluted earnings (loss) per share $ (0.87) $ 1.12 $ 0.26 $ 2.24
Weighted average shares outstanding        
Basic 98.7 93.9 96.4 93.8
Diluted 98.7 94.5 96.9 94.4
Dividends declared per share $ 0.09 $ 0.09 $ 0.18 $ 0.17
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