FAIR VALUE MEASUREMENTS (Tables)

12 Months Ended

Jun. 28, 2023

Fair Value Disclosures [Abstract]

Carrying Values and Impairment Charges Recorded for Long-lived Assets

The table below presents the carrying values and related impairment charges recorded on these impaired restaurants for the periods presented:

					Impairment Charges
	Pre-Impairment Carrying Value				Fiscal Years Ended
	June 28, 2023		June 29, 2022		June 28, 2023		June 29, 2022
Underperforming restaurants
Long-lived assets	$	10.2	$	7.3	$	10.2	$	7.3
Reacquired franchise rights assets	0.3		—		0.3		—
Operating lease assets	21.4		13.0		1.5		1.0
Total underperforming restaurants	$	31.9	$	20.3	$	12.0	$	8.3

Carrying Amounts and Fair Values of Debt Instruments

The 5.000%, 8.250% and 3.875% notes’ carrying amounts, which are net of unamortized debt issuance costs and discounts, and fair values are as follows, refer to Note 8 - Debt for further details:

	June 28, 2023				June 29, 2022
	Carrying Amount		Fair Value		Carrying Amount		Fair Value
5.000% notes	$	349.0	$	343.5	$	348.2	$	329.0
8.250% notes(1)	344.3		348.3		—		—
3.875% notes(2)	—		—		299.7		295.4

(1)On June 27, 2023 we issued $350.0 million of 8.250% senior notes due July 2030 (the “2030 Notes”).

(2)On May 15, 2023 the 3.875% notes matured and were repaid in full using borrowings under our revolving credit facility.