LONG-TERM DEBT AND OTHER BORROWINGS (Tables)

9 Months Ended

Mar. 30, 2014

Schedule of Carrying Value of Convertible Senior Notes and Other Long-Term Debt

The following table reflects the carrying value of the Company’s convertible senior notes and other long-term debt as of March 30, 2014 and June 30, 2013:

	March 30,			June 30,
	2014			2013
	(in millions)
0.50% Notes due 2016	$	450.0		$	450.0
Less: Unamortized interest discount		(34.3	)		(45.7	)
Net carrying amount of 0.50% Notes due 2016		415.7			404.3
1.25% Notes due 2018		450.0			450.0
Less: Unamortized interest discount		(66.3	)		(76.9	)
Net carrying amount of 1.25% Notes due 2018		383.7			373.1
2.625% Notes due 2041		699.9			699.9
Less: Unamortized interest discount		(184.2	)		(186.9	)
Net carrying amount of 2.625% Notes due 2041		515.7			513.0
Total debt		1,315.1			1,290.4
Less: current portion of debt		(515.7	)		(513.0	)
Long-term debt	$	799.4		$	777.4

Schedule of Recognized Interest Cost Relating to Both Contractual Interest Coupon and Amortization of Discount on Liability Component of Notes

The following table presents the amount of interest cost recognized relating to both the contractual interest coupon and amortization of the discount on the liability component of the Notes during the three and nine months ended March 30, 2014 and March 31, 2013.

	Three Months Ended				Nine Months Ended
	March 30,		March 31,		March 30,		March 31,
	2014		2013		2014		2013
	(in millions)
Contractual interest coupon	$	6.6	$	6.6		19.7		19.7
Amortization of interest discount		8.3		7.9		24.7		23.5
Amortization of issuance costs		0.6		0.6		1.8		1.8
Total interest cost recognized	$	15.5	$	15.1	$	46.2	$	45.0