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Long-term Debt (Tables)
12 Months Ended
Jun. 30, 2024
Debt Disclosure [Abstract]  
Schedule of Debt Outstanding and Liability Components
The net carrying amount of the liability component of the 2026 Notes, the 2028 Notes and the 2029 Notes (collectively, the Outstanding Convertible Notes) is as follows:
(in millions of U.S. Dollars)June 30, 2024June 25, 2023
Principal$3,075.0 $3,075.0 
Unamortized discount and issuance costs(40.1)(49.4)
Net carrying amount$3,034.9 $3,025.6 
The net carrying amount of the liability of the 2030 Senior Notes and the deposits under the CRD Agreement is as follows:
(in millions of U.S. Dollars)June 30, 2024June 25, 2023
Principal$3,250.0 $1,250.0 
Unamortized discount and issuance costs(123.8)(100.5)
Net carrying amount$3,126.2 $1,149.5 
Schedule of Interest Expense
The interest expense, net recognized is as follows:
Fiscal Years Ended
(in millions of U.S. Dollars)June 30, 2024June 25, 2023June 26, 2022
Interest expense, net of capitalized interest$214.7 $32.3 $2.6 
Amortization of discount and issuance costs, net of capitalized interest28.4 7.5 20.1 
Total interest expense, net$243.1 $39.8 $22.7