FAIR VALUE MEASUREMENTS (Tables)

9 Months Ended

Mar. 31, 2015

Fair Value Disclosures [Abstract]

Financial assets and liabilities measured at fair value on recurring basis

The financial assets and liabilities that the Company measures at fair value on a recurring basis based on the fair value hierarchy, as of March 31, 2015 and June 30, 2014 are presented below:

	Level 1				Level 2					Level 3
	March 31, 2015		June 30, 2014		March 31, 2015		June 30, 2014			March 31, 2015			June 30, 2014
Financial assets and liabilities
Recurring fair value measurements
Assets:
Foreign exchange contracts	$	—	$	—	$	18.2	$	2.1		$	—		$	—
Liabilities:
Foreign exchange contracts	$	—	$	—	$	10.9	$	11.5		$	—		$	—
Contingent consideration - business combination	—		—		—		—			0.8			1.1
Total Liabilities	$	—	$	—	$	10.9	$	11.5		$	0.8		$	1.1
Total recurring fair value measurements	$	—	$	—	$	7.3	$	(9.4	)	$	(0.8	)	$	(1.1	)

Fair value of financial instruments

The fair values of the Company’s financial instruments estimated as of March 31, 2015 and June 30, 2014 are presented below:

	March 31, 2015				June 30, 2014
	Carrying Amount		Fair Value		Carrying Amount		Fair Value
Coty Inc. Credit Agreements	$	3,552.5	$	3,555.3	$	2,774.5	$	2,763.2
Dividends payable	1.5		1.1		0.9		0.7
Senior Notes - Series A	—		—		100.0		109.7
Senior Notes - Series B	—		—		225.0		256.3
Senior Notes - Series C	—		—		175.0		199.9