Debt (Tables)

3 Months Ended

Jun. 27, 2020

Debt Disclosure [Abstract]

Schedule of Debt Instruments

Debt consists of the following:

	June 27, 2020		March 28, 2020
	(millions)
$300 million 2.625% Senior Notes(a)	$	299.9	$	299.6
$400 million 3.750% Senior Notes(b)	396.6		396.4
$500 million 1.700% Senior Notes(c)	497.3		—
$750 million 2.950% Senior Notes(d)	736.2		—
Borrowings outstanding under credit facilities	—		475.0
Total debt	1,930.0		1,171.0
Less: short-term debt and current portion of long-term debt	299.9		774.6
Total long-term debt	$	1,630.1	$	396.4

^(a)  The carrying value of the 2.625% Senior Notes is presented net of unamortized debt issuance costs and original issue discount of $0.1 million and $0.2 million as of June 27, 2020 and March 28, 2020, respectively. The carrying value of the 2.625% Senior Notes as of March 28, 2020 also reflects an adjustment of $0.2 million associated with a related interest rate swap contract (see Note 12).

^(b)  The carrying value of the 3.750% Senior Notes is presented net of unamortized debt issuance costs and original issue discount of $3.4 million and $3.6 million as of June 27, 2020 and March 28, 2020, respectively.

^(c)  The carrying value of the 1.700% Senior Notes is presented net of unamortized debt issuance costs and original issue discount of $2.7 million as of June 27, 2020.

^(d) 

The carrying value of the 2.950% Senior Notes is presented net of unamortized debt issuance costs and original issue discount of $13.8 million as of June 27, 2020.