Long Term Debt (Tables)

6 Months Ended

Dec. 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 December 29, 2013 and June 30, 2013:

	December 29, 2013			June 30, 2013
	(in millions)
0.50% Notes due 2016	$	450.0		$	450.0
Less: Unamortized interest discount		(38.2	)		(45.7	)
Net carrying amount of 0.50% Notes due 2016		411.8			404.3
1.25% Notes due 2018		450.0			450.0
Less: Unamortized interest discount		(69.9	)		(76.9	)
Net carrying amount of 1.25% Notes due 2018		380.1			373.1
2.625% Notes due 2041		699.9			699.9
Less: Unamortized interest discount		(185.1	)		(186.9	)
Net carrying amount of 2.625% Notes due 2041		514.8			513.0
Total debt		1,306.7			1,290.4
Less: current portion of debt		(514.8	)		(513.0	)
Long-term debt	$	791.9		$	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 and six months ended December 29, 2013 and December 23, 2012.

	Three Months Ended				Six Months Ended
	December 29,		December 23,		December 29,		December 23,
	2013		2012		2013		2012
	(in millions)
Contractual interest coupon	$	6.6	$	6.6		13.1		13.1
Amortization of interest discount		8.2		7.8		16.3		15.6
Amortization of issuance costs		0.6		0.6		1.2		1.2
Total interest cost recognized	$	15.4	$	15.0	$	30.6	$	29.9