v3.26.1
Debt and Revolving Credit Facility (Tables)
 12 Months Ended
Jun. 27, 2026
Debt Disclosure [Abstract]  
Schedule of Debt
Our total debt outstanding consisted of the following:
20262025
Net Carrying AmountNet Carrying Amount
Stated RateEffective RatePrincipalShort-termLong-termTotalPrincipalLong-termTotal
2031 Notes0.75%1.19%$450.0 $450.0 $— $450.0 $450.0 $450.0 $450.0 
Senior Notes4.00%4.17%400.0 — 400.0 400.0 400.0 400.0 400.0 
Total borrowings850.0 450.0 400.0 850.0 850.0 850.0 850.0 
Less: unamortized debt issuance costs— (10.4)(2.3)(12.7)— (15.2)(15.2)
Total debt$850.0 $439.6 $397.7 $837.3 $850.0 $834.8 $834.8 
Schedule of Contractual Interest Expense and Amortization of Debt Issuance Costs
Contractual interest expense and amortization of debt issuance costs on the 2031 Notes was as follows:
202620252024
Interest expense$3.4 $2.1 $— 
Amortization of debt issuance costs1.8 1.1 — 
Total interest expense$5.2 $3.2 $— 
Contractual interest expense and amortization of debt issuance costs on the Senior Notes was as follows:
202620252024
Interest expense$16.0 $16.0 $16.0 
Amortization of debt issuance costs0.7 0.7 0.7 
Total interest expense$16.7 $16.7 $16.7 
Contractual interest expense and amortization of debt issuance costs for our Term Loan Facility was as follows:
202620252024
Interest expense$— $18.7 $46.1 
Amortization of debt issuance costs— 0.4 1.7 
Total interest expense$— $19.1 $47.8 
Schedule of Principal Maturities of Notes
As of the end of fiscal 2026, principal maturities of our Senior Notes and 2031 Notes were as follows:
Senior Notes2031 NotesTotal
2027 - 2028$— $— $— 
2029400.0 — 400.0 
2030 and thereafter— 450.0 450.0 
$400.0 $450.0 $850.0