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Debts and Letters of Credit (Tables)
3 Months Ended
Sep. 28, 2013
Debts and Letters of Credit  
Schedule of details of the Company's debt

The following table presents details of the Company’s debt as of September 28, 2013 (in millions): 

 

 

 

September 28,

 

 

 

2013

 

0.625% senior convertible notes

 

$

518.2

 

1% senior convertible notes

 

 

Total convertible debt

 

518.2

 

Less: current portion

 

 

Total long-term debt

 

$

518.2

 

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):

 

 

 

September 28,

 

 

 

2013

 

Carrying amount of equity component

 

$

134.4

 

Principal amount of 0.625% Senior Convertible Notes

 

$

650.0

 

Unamortized discount of liability component

 

(131.8

)

Carrying amount of liability component

 

$

518.2

 

Summary of effective interest rate and 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

 

 

 

September 28,

 

 

 

2013

 

Effective interest rate

 

5.4

%

Interest expense-contractual interest

 

$

0.4

 

Accretion of debt discount

 

2.6