XML 23 R5.htm IDEA: XBRL DOCUMENT v3.21.2
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 30, 2021
Jun. 30, 2020
Current assets:    
Cash and cash equivalents $ 253.5 $ 308.3
Restricted cash 56.9 43.7
Trade receivables—less allowances of $47.7 and $57.3, respectively 348.0 440.1
Inventories 650.8 678.2
Prepaid expenses and other current assets 473.9 411.6
Current assets held for sale 0.0 4,613.1
Total current assets 1,783.1 6,495.0
Property and equipment, net 918.1 1,081.6
Goodwill 4,118.1 3,973.9
Other intangible assets, net 4,463.0 4,372.1
Equity investments 1,276.2 0.0
Operating lease right-of-use assets 318.5 371.4
Deferred income taxes 758.5 362.4
Other noncurrent assets 55.9 72.4
TOTAL ASSETS 13,691.4 16,728.8
Current liabilities:    
Accounts payable 1,166.1 1,190.3
Accrued expenses and other current liabilities 1,096.0 1,111.6
Short-term debt and current portion of long-term debt 24.2 188.3
Current operating lease liabilities 75.7 105.0
Income and other taxes payable 53.4 33.8
Current liabilities held for sale 0.0 956.7
Total current liabilities 2,415.4 3,585.7
Long-term operating lease liabilities 269.3 317.4
Long-term debt, net 5,401.0 7,892.1
Pension and other post-employment benefits 420.6 400.3
Deferred income taxes 674.9 175.1
Other noncurrent liabilities 327.6 334.5
TOTAL LIABILITIES 9,508.8 12,705.1
COMMITMENTS AND CONTINGENCIES (Note 26)
CONVERTIBLE SERIES B PREFERRED STOCK, $0.01 par value; 1.0 shares authorized; 1.0 and 0.8 issued and 1.0 and 0.8 outstanding, at June 30, 2021 and 2020, respectively 1,036.3 715.8
REDEEMABLE NONCONTROLLING INTERESTS 84.1 79.1
EQUITY:    
Preferred stock, $0.01 par value; 20.0 shares authorized; 1.5 issued and outstanding, at June 30, 2021 and 2020, respectively 0.0 0.0
Class A Common Stock, $0.01 par value; 1,250.0 shares authorized, 832.3 and 830.6 issued and 766.0 and 765.1 outstanding at June 30, 2021 and 2020, respectively 8.3 8.3
Additional paid-in capital 10,376.2 10,447.4
Accumulated deficit (5,755.6) (5,548.6)
Accumulated other comprehensive loss (321.9) (456.2)
Treasury stock—at cost, shares: 66.3 and 65.5 at June 30, 2021 and 2020, respectively (1,446.3) (1,446.3)
Total Coty Inc. stockholders’ equity 2,860.7 3,004.6
Noncontrolling interests 201.5 224.2
Total equity 3,062.2 3,228.8
TOTAL LIABILITIES, MEZZANINE EQUITY AND STOCKHOLDERS’ EQUITY $ 13,691.4 $ 16,728.8