XML 35 R7.htm IDEA: XBRL DOCUMENT v3.20.2
CONSOLIDATED STATEMENTS OF EQUITY - USD ($)
shares in Millions, $ in Millions
Total
Cumulative Effect, Period of Adoption, Adjustment
Cumulative Effect, Period of Adoption, Adjusted Balance
Total Coty Inc. Stockholders’ Equity
Total Coty Inc. Stockholders’ Equity
Cumulative Effect, Period of Adoption, Adjustment
Total Coty Inc. Stockholders’ Equity
Cumulative Effect, Period of Adoption, Adjusted Balance
Preferred Stock
Preferred Stock
Cumulative Effect, Period of Adoption, Adjusted Balance
Common Stock
Common Stock
Cumulative Effect, Period of Adoption, Adjusted Balance
Additional Paid-in Capital
Additional Paid-in Capital
Cumulative Effect, Period of Adoption, Adjusted Balance
Accumulated Deficit
Accumulated Deficit
Revision of Prior Period, Accounting Standards Update, Adjustment [Member]
Accumulated Deficit
Cumulative Effect, Period of Adoption, Adjustment
Accumulated Deficit
Cumulative Effect, Period of Adoption, Adjusted Balance
Accumulated Other Comprehensive Income (Loss)
Accumulated Other Comprehensive Income (Loss)
Revision of Prior Period, Accounting Standards Update, Adjustment [Member]
Accumulated Other Comprehensive Income (Loss)
Cumulative Effect, Period of Adoption, Adjusted Balance
Treasury Stock
Treasury Stock
Cumulative Effect, Period of Adoption, Adjusted Balance
Noncontrolling Interest
Noncontrolling Interest
Cumulative Effect, Period of Adoption, Adjusted Balance
Beginning balance (shares) at Jun. 30, 2017             4.2 4.2 812.9 812.9                   65.0 65.0    
Beginning balance at Jun. 30, 2017 $ 9,317.7   $ 9,326.0 $ 9,314.7   $ 9,323.0 $ 0.0 $ 0.0 $ 8.1 $ 8.1 $ 11,203.2 $ 11,203.2 $ (459.2)     $ (450.9) $ 4.4   $ 4.4 $ (1,441.8) $ (1,441.8) $ 3.0 $ 3.0
Beginning balance (Accounting Standards Update 2016-09) at Jun. 30, 2017   $ 8.3     $ 8.3                   $ 8.3                
Beginning balance (Accounting Standards Update 2018-02) at Jun. 30, 2017                           $ (6.5)       $ 6.5          
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                              
Revised Adjustment due to the adoption of ASU No. 2016-16   (112.6)     (112.6)                   (112.6)                
Issuance of Preferred Stock (shares)             1.0                                
Cancellation of Preferred Stock (shares)             (0.2)                                
Exercise of employee stock options and restricted stock units and related tax benefits (in shares)                 2.9                            
Exercise of employee stock options and restricted stock units and related tax benefits 22.6     22.6             22.6                        
Shares withheld for employee taxes (3.6)     (3.6)             (3.6)                        
Share-based compensation expense 31.5     31.5             31.5                        
Dividends (377.6)     (377.6)             (377.6)                        
Net income (loss) (166.8)     (168.8)                 (168.8)                 2.0  
Other comprehensive income 148.4     147.9                         147.9         0.5  
Dilution of redeemable noncontrolling interest due to additional contribution 17.0     17.0             17.0                        
Additional redeemable noncontrolling interests due to employee grants (7.4)     (7.4)             (7.4)                        
Adjustment of redeemable noncontrolling interests to redemption value (134.9)     (134.9)             (134.9)                        
Ending balance (shares) at Jun. 30, 2018             5.0 5.0 815.8 815.8                   65.0 65.0    
Ending balance at Jun. 30, 2018 8,855.2 (18.2) 8,724.4 8,849.7 (18.2) 8,718.9 $ 0.0 $ 0.0 $ 8.1 $ 8.1 10,750.8 10,750.8 (626.2)   (18.2) (757.0) 158.8   158.8 $ (1,441.8) $ (1,441.8) 5.5 5.5
Beginning balance at Jun. 30, 2017 551.1   551.1                                        
Beginning balance at Jun. 30, 2017 0.0   0.0                                        
Increase (Decrease) in Redeemable Noncontrolling Interests [Roll Forward]                                              
Net income (loss) 39.0                                            
Distribution to noncontrolling interests, net (54.3)                                            
Dilution of redeemable noncontrolling interest due to additional contribution (17.0)                                            
Additional redeemable noncontrolling interests due to employee grants and other adjustments and issuance of stock 7.4                                            
Proceeds from redeemable noncontrolling interests 0.2                                            
Adjustment of redeemable noncontrolling interests to redemption value 134.9                                            
Ending balance at Jun. 30, 2018 661.3   661.3                                        
Ending balance at Jun. 30, 2018 0.0   0.0                                        
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                              
Issuance of Preferred Stock (shares)             7.9                                
Issuance of Preferred Stock 0.8     0.8     $ 0.1       0.7                        
Cancellation of Preferred Stock (shares)             (3.5)                                
Exercise of employee stock options and restricted stock units and related tax benefits (in shares)                 1.0                            
Exercise of employee stock options and restricted stock units and related tax benefits 5.2     5.2             5.2                        
Shares withheld for employee taxes (1.4)     (1.4)             (1.4)                        
Share-based compensation expense 16.9     16.9             16.9                        
Dividends declared - Cash and Other ($0.500 per common share) (347.5)     (347.5)             (347.5)                        
Dividends declared - Stock (30.6)     (30.6)             (30.6)                        
Dividends settled in Shares of Class A Common Stock (in shares)                 2.4                            
Dividends settled in Shares of Class A Common Stock 30.6     30.6             30.6                        
Net income (loss) (3,781.7)     (3,784.2)                 (3,784.2)                 2.5  
Other comprehensive income (217.5)     (217.6)                         (217.6)         0.1  
Distribution to noncontrolling interests, net (1.6)                                         (1.6)  
Additional redeemable noncontrolling interests due to employee grants and other adjustments (0.6)     (0.6)             (0.6)                        
Adjustment of redeemable noncontrolling interests to redemption value 196.4     196.4             196.4                        
Ending balance (shares) at Jun. 30, 2019             9.4 9.4 819.2 819.2                   65.0 65.0    
Ending balance at Jun. 30, 2019 $ 4,593.4 $ (0.7) 4,592.7 4,586.9 $ (0.7) $ 4,586.2 $ 0.1 $ 0.1 $ 8.1 $ 8.1 10,620.5 $ 10,620.5 (4,541.2)   $ (0.7) $ (4,541.9) (58.8)   $ (58.8) $ (1,441.8) $ (1,441.8) 6.5 $ 6.5
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                              
Accounting Standards Update [Extensible List] us-gaap:AccountingStandardsUpdate201409Member                                            
Increase (Decrease) in Redeemable Noncontrolling Interests [Roll Forward]                                              
Net income (loss) $ 12.1                                            
Distribution to noncontrolling interests, net (26.8)                                            
Additional redeemable noncontrolling interests due to employee grants and other adjustments and issuance of stock 1.6                                            
Adjustment of redeemable noncontrolling interests to redemption value (196.4)                                            
Ending balance at Jun. 30, 2019 451.8   451.8                                        
Ending balance at Jun. 30, 2019 0.0   $ 0.0                                        
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                              
Cancellation of Preferred Stock (shares)             (7.9)                                
Cancellation of Preferred Stock (0.7)     (0.7)     $ (0.1)       (0.6)                        
Purchase of Class A Common Stock (shares)                                       0.5      
Purchase of Class A Common Stock (4.5)     (4.5)                               $ (4.5)      
Issuance of Restricted Stock (in shares)                 2.0                            
Exercise of employee stock options and restricted stock units and related tax benefits (in shares)                 1.4                            
Exercise of employee stock options and restricted stock units and related tax benefits 2.7     2.7             2.7                        
Shares withheld for employee taxes (5.3)     (5.3)             (5.3)                        
Share-based compensation expense 31.8     31.8             31.8                        
Dividends declared - Cash and Other ($0.500 per common share) (196.3)     (196.3)             (196.3)                        
Dividends declared - Stock (88.9)     (88.9)             (88.9)                        
Dividends settled in Shares of Class A Common Stock (in shares)                 8.0                            
Dividends settled in Shares of Class A Common Stock 89.1     89.1         $ 0.2   88.9                        
Dividends accrued - Convertible Series B Preferred Stock (6.5)     (6.5)             (6.5)                        
Net income (loss) (1,002.0)     (1,006.7)                 (1,006.7)                 4.7  
Other comprehensive income (397.3)                               (397.4)            
Distribution to noncontrolling interests, net (397.3)     (397.4)                                   0.1  
Adjustments related to the sale of business 6.2     6.2             6.2                        
Noncontrolling interest due to transaction (See Note 4) 212.9                                         212.9  
Adjustment of redeemable noncontrolling interests to redemption value (5.1)     (5.1)             (5.1)                        
Ending balance (shares) at Jun. 30, 2020             1.5   830.6                     65.5      
Ending balance at Jun. 30, 2020 $ 3,228.8     $ 3,004.6     $ 0.0   $ 8.3   $ 10,447.4   $ (5,548.6)       $ (456.2)     $ (1,446.3)   $ 224.2  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                              
Accounting Standards Update [Extensible List] us-gaap:AccountingStandardsUpdate201602Member                                            
Increase (Decrease) in Redeemable Noncontrolling Interests [Roll Forward]                                              
Net income (loss) $ (0.7)                                            
Dividends accrued - Convertible Series B Preferred Stock 6.5                                            
Distribution to noncontrolling interests, net (16.7)                                            
Additional redeemable noncontrolling interests due to employee grants and other adjustments and issuance of stock 709.3                                            
Adjustments related to the sale of business (360.4)                                            
Adjustment of redeemable noncontrolling interests to redemption value 5.1                                            
Ending balance at Jun. 30, 2020 79.1                                            
Ending balance at Jun. 30, 2020 $ 715.8