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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 30, 2023
Jun. 30, 2022
Current assets:    
Cash and cash equivalents $ 246.9 $ 233.3
Restricted cash 36.9 30.5
Trade receivables—less allowances of $23.2 and $53.4, respectively 360.9 364.6
Inventories 853.4 661.5
Prepaid expenses and other current assets 553.6 392.0
Total current assets 2,051.7 1,681.9
Property and equipment, net 712.9 715.5
Goodwill 3,987.9 3,914.7
Other intangible assets, net 3,798.0 3,902.8
Equity investments 1,068.9 842.6
Operating lease right-of-use assets 286.7 320.9
Deferred income taxes 589.9 651.8
Other noncurrent assets 165.6 85.9
TOTAL ASSETS 12,661.6 12,116.1
Current liabilities:    
Accounts payable 1,444.7 1,268.3
Accrued expenses and other current liabilities 1,042.0 1,097.1
Short-term debt and current portion of long-term debt 57.9 23.0
Current operating lease liabilities 65.6 67.8
Income and other taxes payable 126.6 109.4
Total current liabilities 2,736.8 2,565.6
Long-term operating lease liabilities 247.5 282.2
Long-term debt, net 4,178.2 4,409.1
Pension and other post-employment benefits 280.7 292.2
Deferred income taxes 659.7 669.0
Other noncurrent liabilities 325.4 340.0
TOTAL LIABILITIES 8,428.3 8,558.1
COMMITMENTS AND CONTINGENCIES (Note 26)
CONVERTIBLE SERIES B PREFERRED STOCK, $0.01 par value; 1.0 shares authorized; 0.1 and 0.1 issued and 0.1 and 0.1 outstanding, at June 30, 2023 and 2022, respectively 142.4 142.4
REDEEMABLE NONCONTROLLING INTERESTS 93.5 69.8
EQUITY:    
Preferred stock, $0.01 par value; 20.0 shares authorized; 1.0 and 1.5 issued and outstanding, at June 30, 2023 and 2022, respectively 0.0 0.0
Class A Common Stock, $0.01 par value; 1,250.0 shares authorized, 919.3 and 905.5 issued and 852.8 and 839.2 outstanding at June 30, 2023 and 2022, respectively 9.1 9.0
Additional paid-in capital 10,898.6 10,805.8
Accumulated deficit (4,987.9) (5,496.1)
Accumulated other comprehensive loss (662.4) (717.9)
Treasury stock—at cost, shares: 66.5 and 66.3 at June 30, 2023 and 2022, respectively (1,446.3) (1,446.3)
Total Coty Inc. stockholders’ equity 3,811.1 3,154.5
Noncontrolling interests 186.3 191.3
Total equity 3,997.4 3,345.8
TOTAL LIABILITIES, MEZZANINE EQUITY AND STOCKHOLDERS’ EQUITY $ 12,661.6 $ 12,116.1