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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2024
Jun. 30, 2023
Current assets:    
Cash and cash equivalents $ 260.2 $ 246.9
Restricted cash 26.0 36.9
Trade receivables—less allowances of $26.3 and $23.2, respectively 479.9 360.9
Inventories 759.7 853.4
Prepaid expenses and other current assets 459.8 553.6
Total current assets 1,985.6 2,051.7
Property and equipment, net 703.4 712.9
Goodwill 3,965.1 3,987.9
Other intangible assets, net 3,632.6 3,798.0
Equity investments 1,086.5 1,068.9
Operating lease right-of-use assets 270.5 286.7
Deferred income taxes 580.9 589.9
Other noncurrent assets 97.6 165.6
TOTAL ASSETS 12,322.2 12,661.6
Current liabilities:    
Accounts payable 1,250.1 1,444.7
Accrued expenses and other current liabilities 1,092.1 1,042.0
Short-term debt and current portion of long-term debt 4.4 57.9
Current operating lease liabilities 58.8 65.6
Income and other taxes payable 70.8 126.6
Total current liabilities 2,476.2 2,736.8
Long-term debt, net 3,902.3 4,178.2
Long-term operating lease liabilities 232.6 247.5
Pension and other post-employment benefits 275.9 280.7
Deferred income taxes 688.8 659.7
Other noncurrent liabilities 328.0 325.4
Total liabilities 7,903.8 8,428.3
COMMITMENTS AND CONTINGENCIES (See Note 17)
CONVERTIBLE SERIES B PREFERRED STOCK, $0.01 par value; 1.0 shares authorized; 0.1 issued and outstanding at March 31, 2024 and June 30, 2023 142.4 142.4
REDEEMABLE NONCONTROLLING INTERESTS 94.2 93.5
EQUITY:    
Preferred Stock, $0.01 par value; 20.0 shares authorized, 1.0 issued and outstanding at March 31, 2024 and June 30, 2023 0.0 0.0
Class A Common Stock, $0.01 par value; 1,250.0 shares authorized, 962.1 and 919.3 issued and 867.9 and 852.8 outstanding at March 31, 2024 and June 30, 2023, respectively 9.6 9.1
Additional paid-in capital 11,294.1 10,898.6
Accumulated deficit (4,801.6) (4,987.9)
Accumulated other comprehensive loss (712.6) (662.4)
Treasury stock—at cost, shares: 94.2 and 66.5 at March 31, 2024 and June 30, 2023, respectively (1,796.9) (1,446.3)
Total Coty Inc. stockholders’ equity 3,992.6 3,811.1
Noncontrolling interests 189.2 186.3
Total equity 4,181.8 3,997.4
TOTAL LIABILITIES, MEZZANINE EQUITY AND STOCKHOLDERS’ EQUITY $ 12,322.2 $ 12,661.6