DEBT (Tables)

3 Months Ended

Sep. 25, 2024

Debt Disclosure [Abstract]

Long-term Debt Schedule

Long-term debt consists of the following:

	September 25, 2024		June 26, 2024
Revolving credit facility	$	25.0	$	—
5.000% notes(1)	350.0		350.0
8.250% notes	350.0		350.0
Finance lease obligations	101.1		105.4
Total long-term debt	826.1		805.4
Less: unamortized debt issuance costs and discounts	(4.6)		(5.0)
Total long-term debt, less unamortized debt issuance costs and discounts	821.5		800.4
Less: current installments of long-term debt and finance leases(2)	(14.6)		(14.1)
Total long-term debt, less current portion	$	806.9	$	786.3

(1)Obligations under our 5.000% notes have been classified as long-term, reflecting our intent and ability to refinance these notes through our existing revolving credit facility. Subsequent to the end of the first quarter, on October 1, 2024, our $350.0 million 5.000% notes matured and the payoff was funded with borrowings from our revolving credit facility.

(2)Current installments of long-term debt consist of finance leases and are recorded within Other accrued liabilities in the Consolidated Balance Sheets (Unaudited). Refer to Note 4 - Accrued Liabilities for further details.