Long-term Debt (Tables)

9 Months Ended

Mar. 27, 2022

Debt Disclosure [Abstract]

Schedule of Liability and Equity Components of Long-term Debt

The net carrying amount of the liability component of the Notes is as follows:

(in millions of U.S. Dollars)	March 27, 2022	June 27, 2021
Principal	$1,325.0	$999.8
Unamortized discount and issuance costs	(316.6)	(175.9)
Net carrying amount	$1,008.4	$823.9

The net carrying amount of the equity component of the Notes is as follows:

(in millions of U.S. Dollars)	March 27, 2022	June 27, 2021
Discount related to value of conversion option	$341.1	$262.3
Partial extinguishment of 2023 Notes	—	(27.7)
Debt issuance costs	(8.1)	(6.3)
Net carrying amount	$333.0	$228.3

Schedule of Interest Expense

The interest expense, net recognized related to the Notes is as follows:

	Three months ended		Nine months ended
(in millions of U.S. Dollars)	March 27, 2022	March 28, 2021	March 27, 2022	March 28, 2021
Interest expense, net of capitalized interest	$0.2	$2.5	$2.1	$8.5
Amortization of discount and issuance costs, net of capitalized interest	3.9	8.0	12.9	26.1
Total interest expense, net	$4.1	$10.5	$15.0	$34.6