XML 16 R5.htm IDEA: XBRL DOCUMENT v3.24.3
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 30, 2024
Jun. 30, 2024
Current assets:    
Cash and cash equivalents $ 283.6 $ 300.8
Restricted cash 23.9 19.8
Trade receivables—less allowances of $29.8 and $24.3, respectively 703.5 441.6
Inventories 782.5 764.1
Prepaid expenses and other current assets 440.2 437.2
Total current assets 2,233.7 1,963.5
Property and equipment, net 715.6 718.9
Goodwill 3,983.7 3,905.7
Other intangible assets, net 3,612.5 3,565.6
Equity investments 1,089.6 1,090.6
Operating lease right-of-use assets 264.6 255.3
Deferred income taxes 512.4 490.8
Other noncurrent assets 103.9 92.1
TOTAL ASSETS 12,516.0 12,082.5
Current liabilities:    
Accounts payable 1,323.3 1,405.6
Accrued expenses and other current liabilities 1,174.8 1,067.3
Short-term debt and current portion of long-term debt 3.3 3.0
Current operating lease liabilities 62.6 57.8
Income and other taxes payable 73.6 68.1
Total current liabilities 2,637.6 2,601.8
Long-term debt, net 3,934.4 3,841.8
Long-term operating lease liabilities 223.9 218.7
Pension and other post-employment benefits 285.3 275.2
Deferred income taxes 582.6 549.9
Other noncurrent liabilities 379.1 347.4
Total liabilities 8,042.9 7,834.8
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 September 30, 2024 and June 30, 2024 142.4 142.4
REDEEMABLE NONCONTROLLING INTERESTS 98.8 93.6
EQUITY:    
Preferred Stock, $0.01 par value; 20.0 shares authorized, 1.0 issued and outstanding at September 30, 2024 and June 30, 2024 0.0 0.0
Class A Common Stock, $0.01 par value; 1,250.0 shares authorized, 962.1 issued and 867.8 outstanding at September 30, 2024 and June 30, 2024 9.6 9.6
Additional paid-in capital 11,322.6 11,308.0
Accumulated deficit (4,815.6) (4,898.5)
Accumulated other comprehensive loss (674.5) (795.1)
Treasury stock—at cost, shares: 94.3 at September 30, 2024 and June 30, 2024 (1,796.9) (1,796.9)
Total Coty Inc. stockholders’ equity 4,045.2 3,827.1
Noncontrolling interests 186.7 184.6
Total equity 4,231.9 4,011.7
TOTAL LIABILITIES, MEZZANINE EQUITY AND STOCKHOLDERS’ EQUITY $ 12,516.0 $ 12,082.5