v3.26.1
Debt (Tables)
12 Months Ended
Jun. 27, 2026
Debt Disclosure [Abstract]  
Schedule of Carrying Amount of Debt
As of June 27, 2026 and June 28, 2025, the Company’s debt on the Consolidated Balance Sheets represented the carrying amount of the Senior Convertible and Senior Notes, net of unamortized debt discount and issuance costs, as follows (in millions):
June 27, 2026June 28, 2025
Principal amount of 0.625% Senior Convertible Notes
$250.0 $— 
Unamortized 0.625% Senior Convertible Notes debt issuance cost
(5.2)— 
Principal amount of 1.625% Senior Convertible Notes
— 250.0 
Unamortized 1.625% Senior Convertible Notes debt discount
— (3.3)
Unamortized 1.625% Senior Convertible Notes debt issuance cost
— (0.5)
Short-term debt$244.8 $246.2 
Principal amount of 3.75% Senior Notes
$400.0 $400.0 
Unamortized 3.75% Senior Notes debt issuance cost
(2.9)(3.7)
Long-term debt$397.1 $396.3 
Schedule of Convertible Note Interest
The following table presents the interest expense for contractual interest, amortization of debt issuance cost, accretion of debt discount and other (in millions):
Years Ended
June 27, 2026June 28, 2025June 29, 2024
Contractual interest$38.0 $19.1 $19.7 
Amortization of debt issuance cost3.9 2.4 2.6 
Accretion of debt discount1.9 4.9 4.9 
Other3.6 3.6 3.7 
  Total Interest Expense$47.4 $30.0 $30.9