XML 23 R50.htm IDEA: XBRL DOCUMENT v2.4.1.9
Components of Convertible Notes (Detail) (USD $)
In Thousands, except Per Share data, unless otherwise specified
9 Months Ended
Mar. 29, 2015
Jun. 29, 2014
Jun. 30, 2012
May 31, 2011
2.625% Notes due 2041        
Debt Instrument [Line Items]        
Carrying value, current portion $ 519,366us-gaap_LongTermDebtCurrent
/ us-gaap_ShortTermDebtTypeAxis
= lrcx_TwoPointSixTwoFivePercentConvertibleSeniorNotesDueTwoThousandFortyOneMember
[1] $ 516,586us-gaap_LongTermDebtCurrent
/ us-gaap_ShortTermDebtTypeAxis
= lrcx_TwoPointSixTwoFivePercentConvertibleSeniorNotesDueTwoThousandFortyOneMember
[1]    
Unamortized discount 180,569us-gaap_DebtInstrumentUnamortizedDiscount
/ us-gaap_ShortTermDebtTypeAxis
= lrcx_TwoPointSixTwoFivePercentConvertibleSeniorNotesDueTwoThousandFortyOneMember
[1] 183,349us-gaap_DebtInstrumentUnamortizedDiscount
/ us-gaap_ShortTermDebtTypeAxis
= lrcx_TwoPointSixTwoFivePercentConvertibleSeniorNotesDueTwoThousandFortyOneMember
[1]    
Principal amount 699,935us-gaap_DebtInstrumentFaceAmount
/ us-gaap_ShortTermDebtTypeAxis
= lrcx_TwoPointSixTwoFivePercentConvertibleSeniorNotesDueTwoThousandFortyOneMember
[1] 699,935us-gaap_DebtInstrumentFaceAmount
/ us-gaap_ShortTermDebtTypeAxis
= lrcx_TwoPointSixTwoFivePercentConvertibleSeniorNotesDueTwoThousandFortyOneMember
[1] 700,000us-gaap_DebtInstrumentFaceAmount
/ us-gaap_ShortTermDebtTypeAxis
= lrcx_TwoPointSixTwoFivePercentConvertibleSeniorNotesDueTwoThousandFortyOneMember
 
Remaining amortization period (years) 26 years 1 month 6 days [1]      
Effective interest rate on liability component 4.28%lrcx_DiscountRateUsedToDetermineLiabilityFairValue
/ us-gaap_ShortTermDebtTypeAxis
= lrcx_TwoPointSixTwoFivePercentConvertibleSeniorNotesDueTwoThousandFortyOneMember
[1]      
Carrying amount of equity component, net of tax 328,109us-gaap_DebtInstrumentConvertibleCarryingAmountOfTheEquityComponent
/ us-gaap_ShortTermDebtTypeAxis
= lrcx_TwoPointSixTwoFivePercentConvertibleSeniorNotesDueTwoThousandFortyOneMember
[1]      
Fair Value of Notes (Level 2) 1,470,612us-gaap_ConvertibleDebtFairValueDisclosures
/ us-gaap_ShortTermDebtTypeAxis
= lrcx_TwoPointSixTwoFivePercentConvertibleSeniorNotesDueTwoThousandFortyOneMember
[1]      
Conversion rate (shares of common stock per $1,000 principal amount of notes) 28.7547us-gaap_DebtInstrumentConvertibleConversionRatio1
/ us-gaap_ShortTermDebtTypeAxis
= lrcx_TwoPointSixTwoFivePercentConvertibleSeniorNotesDueTwoThousandFortyOneMember
[1]      
Conversion price (per share of common stock) $ 34.78us-gaap_DebtInstrumentConvertibleConversionPrice1
/ us-gaap_ShortTermDebtTypeAxis
= lrcx_TwoPointSixTwoFivePercentConvertibleSeniorNotesDueTwoThousandFortyOneMember
[1]      
If-converted value in excess of par value 749,973us-gaap_DebtInstrumentConvertibleIfConvertedValueInExcessOfPrincipal
/ us-gaap_ShortTermDebtTypeAxis
= lrcx_TwoPointSixTwoFivePercentConvertibleSeniorNotesDueTwoThousandFortyOneMember
[1]      
0.50% Notes due 2016        
Debt Instrument [Line Items]        
Carrying value, long-term 431,447us-gaap_LongTermDebtNoncurrent
/ us-gaap_ShortTermDebtTypeAxis
= lrcx_ZeroPointFiveZeroPercentConvertibleSeniorNotesDueTwoThousandSixteenMember
419,561us-gaap_LongTermDebtNoncurrent
/ us-gaap_ShortTermDebtTypeAxis
= lrcx_ZeroPointFiveZeroPercentConvertibleSeniorNotesDueTwoThousandSixteenMember
   
Unamortized discount 18,553us-gaap_DebtInstrumentUnamortizedDiscount
/ us-gaap_ShortTermDebtTypeAxis
= lrcx_ZeroPointFiveZeroPercentConvertibleSeniorNotesDueTwoThousandSixteenMember
30,439us-gaap_DebtInstrumentUnamortizedDiscount
/ us-gaap_ShortTermDebtTypeAxis
= lrcx_ZeroPointFiveZeroPercentConvertibleSeniorNotesDueTwoThousandSixteenMember
   
Principal amount 450,000us-gaap_DebtInstrumentFaceAmount
/ us-gaap_ShortTermDebtTypeAxis
= lrcx_ZeroPointFiveZeroPercentConvertibleSeniorNotesDueTwoThousandSixteenMember
450,000us-gaap_DebtInstrumentFaceAmount
/ us-gaap_ShortTermDebtTypeAxis
= lrcx_ZeroPointFiveZeroPercentConvertibleSeniorNotesDueTwoThousandSixteenMember
  450,000us-gaap_DebtInstrumentFaceAmount
/ us-gaap_ShortTermDebtTypeAxis
= lrcx_ZeroPointFiveZeroPercentConvertibleSeniorNotesDueTwoThousandSixteenMember
Remaining amortization period (years) 1 year 1 month 6 days      
Effective interest rate on liability component 4.29%lrcx_DiscountRateUsedToDetermineLiabilityFairValue
/ us-gaap_ShortTermDebtTypeAxis
= lrcx_ZeroPointFiveZeroPercentConvertibleSeniorNotesDueTwoThousandSixteenMember
     
Carrying amount of equity component, net of tax 76,230us-gaap_DebtInstrumentConvertibleCarryingAmountOfTheEquityComponent
/ us-gaap_ShortTermDebtTypeAxis
= lrcx_ZeroPointFiveZeroPercentConvertibleSeniorNotesDueTwoThousandSixteenMember
     
Fair Value of Notes (Level 2) 548,825us-gaap_ConvertibleDebtFairValueDisclosures
/ us-gaap_ShortTermDebtTypeAxis
= lrcx_ZeroPointFiveZeroPercentConvertibleSeniorNotesDueTwoThousandSixteenMember
     
Conversion rate (shares of common stock per $1,000 principal amount of notes) 16.0228us-gaap_DebtInstrumentConvertibleConversionRatio1
/ us-gaap_ShortTermDebtTypeAxis
= lrcx_ZeroPointFiveZeroPercentConvertibleSeniorNotesDueTwoThousandSixteenMember
     
Conversion price (per share of common stock) $ 62.41us-gaap_DebtInstrumentConvertibleConversionPrice1
/ us-gaap_ShortTermDebtTypeAxis
= lrcx_ZeroPointFiveZeroPercentConvertibleSeniorNotesDueTwoThousandSixteenMember
     
If-converted value in excess of par value 69,426us-gaap_DebtInstrumentConvertibleIfConvertedValueInExcessOfPrincipal
/ us-gaap_ShortTermDebtTypeAxis
= lrcx_ZeroPointFiveZeroPercentConvertibleSeniorNotesDueTwoThousandSixteenMember
     
1.25% Notes due 2018        
Debt Instrument [Line Items]        
Carrying value, long-term 398,502us-gaap_LongTermDebtNoncurrent
/ us-gaap_ShortTermDebtTypeAxis
= lrcx_OnePointTwoFivePercentConvertibleSeniorNotesDueTwoThousandEighteenMember
387,338us-gaap_LongTermDebtNoncurrent
/ us-gaap_ShortTermDebtTypeAxis
= lrcx_OnePointTwoFivePercentConvertibleSeniorNotesDueTwoThousandEighteenMember
   
Unamortized discount 51,498us-gaap_DebtInstrumentUnamortizedDiscount
/ us-gaap_ShortTermDebtTypeAxis
= lrcx_OnePointTwoFivePercentConvertibleSeniorNotesDueTwoThousandEighteenMember
62,662us-gaap_DebtInstrumentUnamortizedDiscount
/ us-gaap_ShortTermDebtTypeAxis
= lrcx_OnePointTwoFivePercentConvertibleSeniorNotesDueTwoThousandEighteenMember
   
Principal amount 450,000us-gaap_DebtInstrumentFaceAmount
/ us-gaap_ShortTermDebtTypeAxis
= lrcx_OnePointTwoFivePercentConvertibleSeniorNotesDueTwoThousandEighteenMember
450,000us-gaap_DebtInstrumentFaceAmount
/ us-gaap_ShortTermDebtTypeAxis
= lrcx_OnePointTwoFivePercentConvertibleSeniorNotesDueTwoThousandEighteenMember
  450,000us-gaap_DebtInstrumentFaceAmount
/ us-gaap_ShortTermDebtTypeAxis
= lrcx_OnePointTwoFivePercentConvertibleSeniorNotesDueTwoThousandEighteenMember
Remaining amortization period (years) 3 years 1 month 6 days      
Effective interest rate on liability component 5.27%lrcx_DiscountRateUsedToDetermineLiabilityFairValue
/ us-gaap_ShortTermDebtTypeAxis
= lrcx_OnePointTwoFivePercentConvertibleSeniorNotesDueTwoThousandEighteenMember
     
Carrying amount of equity component, net of tax 104,895us-gaap_DebtInstrumentConvertibleCarryingAmountOfTheEquityComponent
/ us-gaap_ShortTermDebtTypeAxis
= lrcx_OnePointTwoFivePercentConvertibleSeniorNotesDueTwoThousandEighteenMember
     
Fair Value of Notes (Level 2) 586,350us-gaap_ConvertibleDebtFairValueDisclosures
/ us-gaap_ShortTermDebtTypeAxis
= lrcx_OnePointTwoFivePercentConvertibleSeniorNotesDueTwoThousandEighteenMember
     
Conversion rate (shares of common stock per $1,000 principal amount of notes) 16.0228us-gaap_DebtInstrumentConvertibleConversionRatio1
/ us-gaap_ShortTermDebtTypeAxis
= lrcx_OnePointTwoFivePercentConvertibleSeniorNotesDueTwoThousandEighteenMember
     
Conversion price (per share of common stock) $ 62.41us-gaap_DebtInstrumentConvertibleConversionPrice1
/ us-gaap_ShortTermDebtTypeAxis
= lrcx_OnePointTwoFivePercentConvertibleSeniorNotesDueTwoThousandEighteenMember
     
If-converted value in excess of par value $ 69,426us-gaap_DebtInstrumentConvertibleIfConvertedValueInExcessOfPrincipal
/ us-gaap_ShortTermDebtTypeAxis
= lrcx_OnePointTwoFivePercentConvertibleSeniorNotesDueTwoThousandEighteenMember
     
[1] During the quarter-ended March 29, 2015 and June 29, 2014, the market value of the Company's Common Stock was greater than or equal to 130% of the 2041 Note conversion price for 20 or more trading days of the 30 consecutive trading days preceding the quarter end. As a result, the 2041 Notes are convertible at the option of the holder. The carrying amount of the 2041 Notes was classified in current liabilities and the excess of the amount of cash payable, if converted, over the carrying amount of the 2041 Notes was classified as temporary equity on the Company's Consolidated Balance Sheets as of March 29, 2015 and June 29, 2014. Upon closure of a conversion period, all 2041 Notes not converted will be reclassified back to noncurrent liabilities and the temporary equity will be reclassified to permanent equity.