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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2023
Jun. 30, 2023
Current assets:    
Cash and cash equivalents $ 450.0 $ 246.9
Restricted cash 33.5 36.9
Trade receivables—less allowances of $23.1 and $23.2, respectively 500.2 360.9
Inventories 775.5 853.4
Prepaid expenses and other current assets 662.4 553.6
Total current assets 2,421.6 2,051.7
Property and equipment, net 705.9 712.9
Goodwill 4,021.9 3,987.9
Other intangible assets, net 3,739.5 3,798.0
Equity investments 1,084.2 1,068.9
Operating lease right-of-use assets 289.8 286.7
Deferred income taxes 597.5 589.9
Other noncurrent assets 155.3 165.6
TOTAL ASSETS 13,015.7 12,661.6
Current liabilities:    
Accounts payable 1,462.9 1,444.7
Accrued expenses and other current liabilities 1,194.6 1,042.0
Short-term debt and current portion of long-term debt 8.9 57.9
Current operating lease liabilities 61.5 65.6
Income and other taxes payable 123.1 126.6
Total current liabilities 2,851.0 2,736.8
Long-term debt, net 3,682.9 4,178.2
Long-term operating lease liabilities 251.6 247.5
Pension and other post-employment benefits 283.0 280.7
Deferred income taxes 746.8 659.7
Other noncurrent liabilities 343.1 325.4
Total liabilities 8,158.4 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 December 31, 2023 and June 30, 2023, respectively 142.4 142.4
REDEEMABLE NONCONTROLLING INTERESTS 102.2 93.5
EQUITY:    
Preferred Stock, $0.01 par value; 20.0 shares authorized, 1.0 issued and outstanding at December 31, 2023 and June 30, 2023 0.0 0.0
Class A Common Stock, $0.01 par value; 1,250.0 shares authorized, 961.7 and 919.3 issued and 895.1 and 852.8 outstanding at December 31, 2023 and June 30, 2023, respectively 9.6 9.1
Additional paid-in capital 11,273.5 10,898.6
Accumulated deficit (4,805.4) (4,987.9)
Accumulated other comprehensive loss (606.6) (662.4)
Treasury stock—at cost, shares: 66.6 and 66.5 at December 31, 2023 and June 30, 2023, respectively (1,446.3) (1,446.3)
Total Coty Inc. stockholders’ equity 4,424.8 3,811.1
Noncontrolling interests 187.9 186.3
Total equity 4,612.7 3,997.4
TOTAL LIABILITIES, MEZZANINE EQUITY AND STOCKHOLDERS’ EQUITY $ 13,015.7 $ 12,661.6