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Transition period financial data (Details) - USD ($)
$ / shares in Units, shares in Millions, $ in Millions
3 Months Ended 6 Months Ended 12 Months Ended
Dec. 31, 2015
Sep. 26, 2015
Jun. 27, 2015
Mar. 28, 2015
Dec. 27, 2014
Sep. 27, 2014
Jun. 28, 2014
Mar. 29, 2014
Dec. 28, 2013
Sep. 28, 2013
Dec. 31, 2015
Dec. 27, 2014
Dec. 28, 2013
[1]
Jun. 27, 2015
Jun. 28, 2014
Jun. 29, 2013
Net sales $ 1,424.8 $ 1,344.7 $ 1,531.6 $ 1,049.1 $ 1,071.7 $ 951.5 $ 1,144.2 $ 1,004.2 $ 979.0 $ 933.4 $ 2,769.5 $ 2,023.1   $ 4,603.9 $ 4,060.8 $ 3,539.8
Cost of sales                     1,661.4 1,317.6   2,891.4 2,613.1 2,259.8
Gross profit 559.3 548.8 628.1 378.8 383.8 321.8 415.7 315.0 360.7 356.3 1,108.1 705.5   1,712.5 1,447.7 1,280.0
Distribution                     47.9 29.2   67.7 55.3 47.5
Research and development                     88.2 89.8   187.8 152.5 115.2
Selling                     325.9 95.3   319.0 208.6 186.1
Administration                     309.1 165.5   385.2 411.3 240.2
Impairment charges                     215.6 0.0   0.0 0.0 0.0
Restructuring 24.7           10.5 19.5 14.9   26.9 4.2   5.1 47.0 2.9
Total operating expenses                     1,013.6 384.0   964.8 880.7 600.9
Operating income                     94.5 [1] 321.5 $ 567.0 747.7 [1] 567.0 679.1 [1]
Interest expense, Net                     (89.9) (56.7)   (146.0) (103.5) (65.8)
Other expenses, net                     26.9 61.9   343.2 25.1 5.6
Loss on extinguishment of debt         (9.6)       (165.8)   0.9 9.6   10.5 165.8 0.0
Income (loss) before income taxes                     (23.2) 193.3   248.0 272.6 607.7
Income tax expense (benefit)                     (28.8) 26.8   120.0 67.3 165.8
Net income (loss) $ (107.0) [2] $ 112.6 [3] $ 56.4 [4] $ (94.9) [5] $ 70.2 [6] $ 96.3 $ 131.7 [7] $ 48.1 [8] $ (86.0) [9] $ 111.4 [10] $ 5.6 $ 166.5   $ 128.0 $ 205.3 $ 441.9
Earnings (loss) per share, basic $ (0.74) [2],[11] $ 0.77 [3],[11] $ 0.39 [4],[11] $ (0.67) [5],[11] $ 0.52 [6],[11] $ 0.72 [11] $ 0.98 [7],[11] $ 0.36 [8],[11] $ (0.87) [9],[11] $ 1.18 [10],[11] $ 0.04 $ 1.23   $ 0.92 $ 1.78 $ 4.71
Earnings (loss) per share, diluted $ (0.74) [2],[11] $ 0.77 [3],[11] $ 0.38 [4],[11] $ (0.67) [5],[11] $ 0.51 [6],[11] $ 0.72 [11] $ 0.98 [7],[11] $ 0.36 [8],[11] $ (0.87) [9],[11] $ 1.18 [10],[11] $ 0.04 $ 1.23   $ 0.92 $ 1.77 $ 4.68
Basic 144.9 146.3 146.3 140.8 136.3 133.9 133.8 133.7 98.7 94.2 145.6 135.1   139.3 115.1 93.9
Weighted Average Number of Shares Outstanding, Diluted 144.9 146.9 146.8 140.8 136.8 134.4 134.3 134.3 98.7 94.7 146.1 135.6   139.8 115.6 94.5
Dividends declared per share                     $ 0.25 $ 0.21   $ 0.46 $ 0.39 $ 0.35
[1] Amounts may not cross-foot due to rounding.
[2] Includes an intangible asset impairment charge of $185.1 million, Mylan defense-related fees of $71.3 million, an impairment charge on our India API held for sale assets of $29.0 million, restructuring charges of $24.7 million, and an investment impairment charge of $10.7 million.
[3] Includes Mylan defense-related fees of $15.6 million.
[4] Includes acquisition costs of $18.5 million, an initial payment made in connection with an R&D agreement of $18.0 million, an inventory step up related to the Omega acquisition totaling $15.6 million, and $13.4 million of Mylan defense-related fees.Twelve Months Ended June 28, 2014FirstQuarter(2) SecondQuarter(3) ThirdQuarter(4) FourthQuarter(5)Net sales$933.4 $979.0 $1,004.2 $1,144.2Gross profit$356.3 $360.7 $315.0 $415.7Net income (loss)$111.4 $(86.0) $48.1 $131.7Earnings (loss) per share(1): Basic$1.18 $(0.87) $0.36 $0.98Diluted$1.18 $(0.87) $0.36 $0.98Weighted average shares outstanding Basic94.2 98.7 133.7 133.8Diluted94.7 98.7 134.3 134.3
[5] Includes losses on derivatives associated with the Omega acquisition of $258.2 million and Omega financing fees of $18.6 million.
[6] Includes losses on derivatives associated with the Omega acquisition of $64.7 million, Omega transaction expenses of $17.8 million, an R&D payment made in connection with a collaborative agreement of $10.0 million, a $9.6 million loss on extinguishment of debt, partially offset by income from transfer of rights agreement of $12.5 million
[7] Includes a loss contingency of $15.0 million related to Texas Medicaid and restructuring charges totaling $10.5 million
[8] Includes restructuring charges totaling $19.5 million
[9] Includes loss on extinguishment of debt of $165.8 million, Elan transaction costs of $103.2 million, and restructuring charges totaling $14.9 million
[10] Includes Elan transactions costs of $12.0 million
[11] The sum of individual per share amounts may not equal due to rounding.