Debts and Letters of Credit (Tables)

6 Months Ended

Dec. 27, 2014

Debts and Letters of Credit

Schedule of details of the Company's debt

The following table presents the details of the Company’s debt (in millions):

	December 27,			June 28,
	2014			2014
Principal amount of 0.625% Senior Convertible Notes	$	650.0		$	650.0
Unamortized discount of liability component	(101.2		)	(113.7		)
Carrying amount of liability component	$	548.8		$	536.3
Carrying amount of equity component (1)	$	134.4		$	134.4

(1) Included in Additional paid-in-capital on the Consolidated Balance Sheets.

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 27,			December 28,			December 27,			December 28,
	2014			2013			2014			2013
Effective interest rate	5.4		%	5.4		%	5.4		%	5.4		%
Interest expense-contractual interest	$	1.0		$	1.0		$	2.0		$	1.4
Accretion of debt discount	6.3			6.0			12.5			8.6