Long Term Debt (Tables)

3 Months Ended

Sep. 29, 2013

Schedule of Carrying Value of Convertible Senior Notes and Other Long-Term Debt

The following table reflects the carrying value of the Company’s convertible senior notes and other long-term debt as of September 29, 2013 and June 30, 2013:

	September 29,			June 30,
	2013			2013
	(in millions)
0.50% Notes due 2016	$	450.0		$	450.0
Less: Unamortized interest discount		(42.0	)		(45.7	)
Net carrying amount of 0.50% Notes due 2016		408.0			404.3
1.25% Notes due 2018		450.0			450.0
Less: Unamortized interest discount		(73.4	)		(76.9	)
Net carrying amount of 1.25% Notes due 2018		376.6			373.1
2.625% Notes due 2041		699.9			699.9
Less: Unamortized interest discount		(186.0	)		(186.9	)
Net carrying amount of 2.625% Notes due 2041		513.9			513.0
Total debt		1,298.5			1,290.4
Less: current portion of debt		(513.9	)		(513.0	)
Long-term debt	$	784.6		$	777.4

Schedule of Recognized Interest Cost Relating to Both Contractual Interest Coupon and Amortization of Discount on Liability Component of Notes

The following table presents the amount of interest cost recognized relating to both the contractual interest coupon and amortization of the discount on the liability component of the Notes during the three months ended September 29, 2013 and September 23, 2012.

	Three Months Ended
	September 29,		September 23,
	2013		2012
	(in millions)
Contractual interest coupon	$	6.6	$	6.6
Amortization of interest discount		8.1		7.8
Amortization of issuance costs		0.6		0.6
Total interest cost recognized	$	15.3	$	15.0