Debts and Letters of Credit (Tables)

9 Months Ended

Mar. 29, 2014

Debts and Letters of Credit

Schedule of carrying amounts of the liability and equity components of convertible debt

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

	March 29,
	2014
Carrying amount of equity component	$	134.4
Principal amount of 0.625% Senior Convertible Notes	650.0
Unamortized discount of liability component	(119.8		)
Carrying amount of liability component	$	530.2

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			Nine Months Ended
	March 29,			March 29,
	2014			2014
Effective interest rate	5.4		%	5.4		%
Interest expense-contractual interest	$	1.0		$	2.4
Accretion of debt discount	6.0			14.6