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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 30, 2023
Jun. 30, 2023
Current assets:    
Cash and cash equivalents $ 280.0 $ 246.9
Restricted cash 37.7 36.9
Trade receivables—less allowances of $23.5 and $23.2, respectively 534.9 360.9
Inventories 845.4 853.4
Prepaid expenses and other current assets 545.5 553.6
Total current assets 2,243.5 2,051.7
Property and equipment, net 689.5 712.9
Goodwill 3,927.5 3,987.9
Other intangible assets, net 3,688.4 3,798.0
Equity investments 1,072.1 1,068.9
Operating lease right-of-use assets 281.1 286.7
Deferred income taxes 571.2 589.9
Other noncurrent assets 143.6 165.6
TOTAL ASSETS 12,616.9 12,661.6
Current liabilities:    
Accounts payable 1,375.4 1,444.7
Accrued expenses and other current liabilities 1,227.0 1,042.0
Short-term debt and current portion of long-term debt 40.8 57.9
Current operating lease liabilities 59.9 65.6
Income and other taxes payable 125.0 126.6
Total current liabilities 2,828.1 2,736.8
Long-term debt, net 4,095.4 4,178.2
Long-term operating lease liabilities 244.3 247.5
Pension and other post-employment benefits 273.0 280.7
Deferred income taxes 682.9 659.7
Other noncurrent liabilities 343.5 325.4
Total liabilities 8,467.2 8,428.3
COMMITMENTS AND CONTINGENCIES (See Note 17)
CONVERTIBLE SERIES B PREFERRED STOCK, $0.01 par value; 1.0 shares authorized; 0.1 and 0.1 issued and outstanding at September 30, 2023 and June 30, 2023, respectively 142.4 142.4
REDEEMABLE NONCONTROLLING INTERESTS 98.6 93.5
EQUITY:    
Preferred Stock, $0.01 par value; 20.0 shares authorized, 1.0 issued and outstanding at September 30, 2023 and June 30, 2023 0.0 0.0
Class A Common Stock, $0.01 par value; 1,250.0 shares authorized, 954.5 and 919.3 issued and 888.0 and 852.8 outstanding at September 30, 2023 and June 30, 2023, respectively 9.5 9.1
Stock to be issued 31.5 0.0
Additional paid-in capital 11,238.8 10,898.6
Receivable from sale of stock (348.5) 0.0
Accumulated deficit (4,986.3) (4,987.9)
Accumulated other comprehensive loss (777.4) (662.4)
Treasury stock—at cost, shares: 66.5 and 66.5 at September 30, 2023 and June 30, 2023, respectively (1,446.3) (1,446.3)
Total Coty Inc. stockholders’ equity 3,721.3 3,811.1
Noncontrolling interests 187.4 186.3
Total equity 3,908.7 3,997.4
TOTAL LIABILITIES, MEZZANINE EQUITY AND STOCKHOLDERS’ EQUITY $ 12,616.9 $ 12,661.6