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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2023
Jun. 30, 2022
Current assets:    
Cash and cash equivalents $ 245.0 $ 233.3
Restricted cash 32.0 30.5
Trade receivables—less allowances of $32.7 and $53.4, respectively 400.8 364.6
Inventories 798.1 661.5
Prepaid expenses and other current assets 438.6 392.0
Total current assets 1,914.5 1,681.9
Property and equipment, net 697.2 715.5
Goodwill 3,974.4 3,914.7
Other intangible assets, net 3,853.1 3,902.8
Equity investments 1,049.8 842.6
Operating lease right-of-use assets 289.6 320.9
Deferred income taxes 638.2 651.8
Other noncurrent assets 288.7 85.9
TOTAL ASSETS 12,705.5 12,116.1
Current liabilities:    
Accounts payable 1,407.7 1,268.3
Accrued expenses and other current liabilities 1,105.4 1,097.1
Short-term debt and current portion of long-term debt 68.3 23.0
Current operating lease liabilities 61.1 67.8
Income and other taxes payable 114.8 109.4
Total current liabilities 2,757.3 2,565.6
Long-term debt, net 4,225.0 4,409.1
Long-term operating lease liabilities 254.4 282.2
Pension and other post-employment benefits 300.5 292.2
Deferred income taxes 730.7 669.0
Other noncurrent liabilities 301.1 340.0
Total liabilities 8,569.0 8,558.1
COMMITMENTS AND CONTINGENCIES (See Note 19)
CONVERTIBLE SERIES B PREFERRED STOCK, $0.01 par value; 1.0 shares authorized; 0.1 and 0.1 issued and outstanding at March 31, 2023 and June 30, 2022, respectively 142.4 142.4
REDEEMABLE NONCONTROLLING INTERESTS 69.1 69.8
EQUITY:    
Preferred Stock, $0.01 par value; 20.0 shares authorized, 1.5 issued and outstanding at March 31, 2023 and June 30, 2022 0.0 0.0
Class A Common Stock, $0.01 par value; 1,250.0 shares authorized, 919.1 and 905.5 issued and 852.7 and 839.2 outstanding at March 31, 2023 and June 30, 2022, respectively 9.1 9.0
Additional paid-in capital 10,885.4 10,805.8
Accumulated deficit (5,020.8) (5,496.1)
Accumulated other comprehensive loss (689.8) (717.9)
Treasury stock—at cost, shares: 66.4 and 66.3 at March 31, 2023 and June 30, 2022, respectively (1,446.3) (1,446.3)
Total Coty Inc. stockholders’ equity 3,737.6 3,154.5
Noncontrolling interests 187.4 191.3
Total equity 3,925.0 3,345.8
TOTAL LIABILITIES, MEZZANINE EQUITY AND STOCKHOLDERS’ EQUITY $ 12,705.5 $ 12,116.1