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Debts and Letters of Credit (Tables)
6 Months Ended
Dec. 29, 2012
Debts and Letters of Credit  
Schedule of liability and equity components of convertible debt

The following table presents the carrying amounts of the liability and equity components (in millions):

 

 

 

December 29,

 

June 30,

 

 

 

2012

 

2012

 

Carrying amount of equity component

 

$

156.8

 

$

158.3

 

Principal amount of 1% Senior Convertible Notes

 

$

211.0

 

$

311.0

 

Unamortized discount of liability component

 

(5.4

)

(18.2

)

Carrying amount of liability component

 

$

205.6

 

$

292.8

 

 

Summary of effective interest rate and interest expense for the contractual interest and the accretion of debt discount

The following table presents the effective interest rate and the interest expense for the contractual interest and the accretion of debt discount (in millions, except for the effective interest rate):

 

 

 

Three Months Ended

 

Six Months Ended

 

 

 

December 29,

 

December 31,

 

December 29,

 

December 31,

 

 

 

2012

 

2011

 

2012

 

2011

 

Effective interest rate

 

8.1

%

8.1

%

8.1

%

8.1

%

Interest expense-contractual interest

 

$

0.5

 

$

0.8

 

$

1.2

 

$

1.6

 

Accretion of debt discount

 

3.6

 

5.0

 

7.8

 

9.9