FAIR VALUE MEASUREMENTS (Tables)

3 Months Ended

Sep. 30, 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 September 30, 2015 and June 30, 2015 are presented below:

	Level 1				Level 2				Level 3
	September 30, 2015		June 30, 2015		September 30, 2015		June 30, 2015		September 30, 2015			June 30, 2015
Financial assets and liabilities
Recurring fair value measurements
Assets:
Foreign exchange contracts	$	—	$	—	$	9.7	$	12.4	$	—		$	—
Liabilities:
Foreign exchange contracts	$	—	$	—	$	2.4	$	6.3	$	—		$	—
Contingent consideration - business combination	—		—		—		—		0.8			0.9
Total Liabilities	$	—	$	—	$	2.4	$	6.3	$	0.8		$	0.9
Total recurring fair value measurements	$	—	$	—	$	7.3	$	6.1	$	(0.8	)	$	(0.9	)

Fair value of financial instruments

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

	September 30, 2015				June 30, 2015
	Carrying Amount		Fair Value		Carrying Amount		Fair Value
Coty Inc. Credit Agreements	$	2,768.5	$	2,771.6	$	2,611.5	$	2,614.2
Dividends payable	2.3		1.8		1.4		1.1