Debts and Letters of Credit (Tables)

9 Months Ended

Apr. 02, 2016

Debt Disclosure [Abstract]

Schedule of carrying amounts of the liability and equity components of convertible debt

The following table presents the carrying amounts of the liability and equity components (in millions):

	April 2, 2016			June 27, 2015
Principal amount of 0.625% Senior Convertible Notes	$	650.0		$	650.0
Unamortized discount of liability component	(68.5		)	(88.4		)
Carrying amount of liability component	$	581.5		$	561.6
Carrying amount of equity component (1)	$	134.4		$	134.4

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

Summary of effective interest rate and the 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						Nine Months Ended
	April 2, 2016			March 28, 2015			April 2, 2016			March 28, 2015
Effective interest rate	5.4		%	5.4		%	5.4		%	5.4		%
Interest expense-contractual interest	$	1.0		$	1.0		$	3.0		$	3.0
Accretion of debt discount	6.7			6.3			19.9			18.8