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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2022
Jun. 30, 2022
Current assets:    
Cash and cash equivalents $ 280.8 $ 233.3
Restricted cash 31.5 30.5
Trade receivables—less allowances of $30.9 and $53.4, respectively 433.8 364.6
Inventories 718.2 661.5
Prepaid expenses and other current assets 442.0 392.0
Total current assets 1,906.3 1,681.9
Property and equipment, net 688.7 715.5
Goodwill 3,920.3 3,914.7
Other intangible assets, net 3,848.0 3,902.8
Equity investments 1,050.6 842.6
Operating lease right-of-use assets 301.5 320.9
Deferred income taxes 622.5 651.8
Other noncurrent assets 116.7 85.9
TOTAL ASSETS 12,454.6 12,116.1
Current liabilities:    
Accounts payable 1,489.7 1,268.3
Accrued expenses and other current liabilities 1,179.7 1,097.1
Short-term debt and current portion of long-term debt 68.1 23.0
Current operating lease liabilities 61.0 67.8
Income and other taxes payable 117.1 109.4
Total current liabilities 2,915.6 2,565.6
Long-term debt, net 4,014.0 4,409.1
Long-term operating lease liabilities 265.2 282.2
Pension and other post-employment benefits 295.7 292.2
Deferred income taxes 723.7 669.0
Other noncurrent liabilities 306.7 340.0
Total liabilities 8,520.9 8,558.1
COMMITMENTS AND CONTINGENCIES (See Note 19)
CONVERTIBLE SERIES B PREFERRED STOCK, $0.01 par value; 1.0 shares authorized; 0.1 and 0.1 issued and outstanding at December 31, 2022 and June 30, 2022, respectively 142.4 142.4
REDEEMABLE NONCONTROLLING INTERESTS 69.7 69.8
EQUITY:    
Preferred Stock, $0.01 par value; 20.0 shares authorized, 1.5 issued and outstanding at December 31, 2022 and June 30, 2022 0.0 0.0
Class A Common Stock, $0.01 par value; 1,250.0 shares authorized, 918.9 and 905.5 issued and 852.5 and 839.2 outstanding at December 31, 2022 and June 30, 2022, respectively 9.1 9.0
Additional paid-in capital 10,865.9 10,805.8
Accumulated deficit (5,129.2) (5,496.1)
Accumulated other comprehensive loss (768.1) (717.9)
Treasury stock—at cost, shares: 66.4 and 66.3 at December 31, 2022 and June 30, 2022, respectively (1,446.3) (1,446.3)
Total Coty Inc. stockholders’ equity 3,531.4 3,154.5
Noncontrolling interests 190.2 191.3
Total equity 3,721.6 3,345.8
TOTAL LIABILITIES, MEZZANINE EQUITY AND STOCKHOLDERS’ EQUITY $ 12,454.6 $ 12,116.1