2020 Q2 Form 10-Q Financial Statement

#000102430520000049 Filed on May 11, 2020

View on sec.gov

Income Statement

Concept 2020 Q2 2020 Q1 2019 Q1
Revenue $560.4M $1.063B $1.991B
YoY Change -62.79% -46.62% -10.44%
Cost Of Revenue $332.9M $460.8M $741.2M
YoY Change -43.67% -37.83% -8.75%
Gross Profit $227.5M $601.7M $1.249B
YoY Change -75.14% -51.84% -11.42%
Gross Profit Margin 40.6% 56.63% 62.76%
Selling, General & Admin $539.0M $757.9M $1.071B
YoY Change -31.86% -29.2% -14.47%
% of Gross Profit 236.92% 125.96% 85.68%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $168.8M $190.4M $182.6M
YoY Change -9.1% 4.27% -5.39%
% of Gross Profit 74.2% 31.64% 14.62%
Operating Expenses $601.5M $757.9M $1.071B
YoY Change -29.27% -29.2% -14.47%
Operating Profit -$374.0M -$299.5M $85.50M
YoY Change -677.16% -450.29% 313.04%
Interest Expense -$57.40M $58.70M $76.80M
YoY Change -200.53% -23.57% 1.72%
% of Operating Profit 89.82%
Other Income/Expense, Net $15.60M -$300.0K -$17.50M
YoY Change -113.0% -98.29% 360.53%
Pretax Income -$962.3M -$363.6M -$4.000M
YoY Change -65.72% 8990.0% -92.82%
Income Tax -$260.7M -$59.80M $0.00
% Of Pretax Income
Net Earnings -$766.3M -$271.6M -$12.10M
YoY Change -72.63% 2144.63% -84.29%
Net Earnings / Revenue -136.74% -25.56% -0.61%
Basic Earnings Per Share -$0.36 -$0.02
Diluted Earnings Per Share -$1.004M -$0.36 -$0.02
COMMON SHARES
Basic Shares Outstanding 763.1M shares 760.8M shares 751.4M shares
Diluted Shares Outstanding 760.8M shares 751.4M shares

Balance Sheet

Concept 2020 Q2 2020 Q1 2019 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $308.0M $1.279B $384.0M
YoY Change -9.41% 233.07% -16.7%
Cash & Equivalents $308.3M $1.279B $384.1M
Short-Term Investments
Other Short-Term Assets $34.00M $590.0M $623.0M
YoY Change -41.58% -5.3% -2.04%
Inventory $678.2M $959.9M $1.184B
Prepaid Expenses
Receivables $440.1M $844.2M $1.212B
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $6.495B $3.673B $3.403B
YoY Change 98.58% 7.95% -12.99%
LONG-TERM ASSETS
Property, Plant & Equipment $1.082B $1.356B $1.609B
YoY Change -18.84% -15.74% -4.74%
Goodwill $3.974B $4.922B $7.619B
YoY Change -4.63% -35.4% -15.09%
Intangibles $4.372B $7.442B $7.791B
YoY Change -3.51% -4.48% -10.05%
Long-Term Investments
YoY Change
Other Assets $72.40M $155.3M $151.5M
YoY Change -29.37% 2.51% -50.13%
Total Long-Term Assets $10.23B $14.64B $17.35B
YoY Change -29.12% -15.66% -12.59%
TOTAL ASSETS
Total Short-Term Assets $6.495B $3.673B $3.403B
Total Long-Term Assets $10.23B $14.64B $17.35B
Total Assets $16.73B $18.31B $20.76B
YoY Change -5.54% -11.79% -12.66%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.190B $1.422B $1.844B
YoY Change -24.83% -22.88% 7.88%
Accrued Expenses $1.112B $1.428B $1.488B
YoY Change -6.47% -4.03% -20.94%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $100.0K $8.500M
YoY Change -100.0% -98.82% -19.05%
Long-Term Debt Due $188.0M $186.0M $188.0M
YoY Change -1.05% -1.06% -14.93%
Total Short-Term Liabilities $3.586B $3.086B $3.579B
YoY Change 3.18% -13.78% -9.21%
LONG-TERM LIABILITIES
Long-Term Debt $7.892B $9.172B $7.491B
YoY Change 5.65% 22.44% -1.81%
Other Long-Term Liabilities $334.5M $360.5M $378.0M
YoY Change -15.95% -4.63% -24.34%
Total Long-Term Liabilities $8.227B $9.533B $7.869B
YoY Change 4.56% 21.14% -3.19%
TOTAL LIABILITIES
Total Short-Term Liabilities $3.586B $3.086B $3.579B
Total Long-Term Liabilities $8.227B $9.533B $7.869B
Total Liabilities $12.71B $14.25B $12.80B
YoY Change 0.32% 11.31% -5.87%
SHAREHOLDERS EQUITY
Retained Earnings -$5.549B -$4.782B -$1.742B
YoY Change 22.18% 174.56% 297.31%
Common Stock $8.300M $8.300M $8.100M
YoY Change 2.47% 2.47% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $1.446B $1.446B $1.442B
YoY Change 0.31% 0.31% 0.0%
Treasury Stock Shares 65.50M shares 65.50M shares 65.00M shares
Shareholders Equity $3.005B $3.732B $7.498B
YoY Change
Total Liabilities & Shareholders Equity $16.73B $18.31B $20.76B
YoY Change -5.54% -11.79% -12.66%

Cashflow Statement

Concept 2020 Q2 2020 Q1 2019 Q1
OPERATING ACTIVITIES
Net Income -$766.3M -$271.6M -$12.10M
YoY Change -72.63% 2144.63% -84.29%
Depreciation, Depletion And Amortization $168.8M $190.4M $182.6M
YoY Change -9.1% 4.27% -5.39%
Cash From Operating Activities -$255.4M -$257.5M $213.7M
YoY Change -235.71% -220.5% -279.73%
INVESTING ACTIVITIES
Capital Expenditures -$61.00M -$61.40M -$71.60M
YoY Change -36.26% -14.25% -17.23%
Acquisitions
YoY Change
Other Investing Activities $400.0K -$592.0M $700.0K
YoY Change -96.85% -84671.43% -450.0%
Cash From Investing Activities -$60.60M -$653.4M -$70.90M
YoY Change -26.99% 821.58% -18.22%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -652.5M 1.911B -170.4M
YoY Change 354.39% -1221.19% -166.12%
NET CHANGE
Cash From Operating Activities -255.4M -257.5M 213.7M
Cash From Investing Activities -60.60M -653.4M -70.90M
Cash From Financing Activities -652.5M 1.911B -170.4M
Net Change In Cash -968.5M 999.6M -27.60M
YoY Change 2422.14% -3721.74% -152.98%
FREE CASH FLOW
Cash From Operating Activities -$255.4M -$257.5M $213.7M
Capital Expenditures -$61.00M -$61.40M -$71.60M
Free Cash Flow -$194.4M -$196.1M $285.3M
YoY Change -168.47% -168.73% -980.56%

Facts In Submission

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us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-28300000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-206000000.0 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-290100000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-97200000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
59400000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
8400000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
7500000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-246000000.0 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-5300000 USD
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-31700000 USD
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-344100000 USD
coty Increase Decrease Operating Lease Liabilities
IncreaseDecreaseOperatingLeaseLiabilities
-80900000 USD
coty Increase Decrease Operating Lease Liabilities
IncreaseDecreaseOperatingLeaseLiabilities
0 USD
us-gaap Increase Decrease In Accrued Taxes Payable
IncreaseDecreaseInAccruedTaxesPayable
-25800000 USD
us-gaap Increase Decrease In Accrued Taxes Payable
IncreaseDecreaseInAccruedTaxesPayable
-3800000 USD
us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
30800000 USD
us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
-19400000 USD
us-gaap Increase Decrease In Other Noncurrent Liabilities
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-29500000 USD
us-gaap Increase Decrease In Other Noncurrent Liabilities
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-37700000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
204500000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
451400000 USD
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
206400000 USD
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
330900000 USD
us-gaap Proceeds From Divestiture Of Businesses Net Of Cash Divested
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25600000 USD
us-gaap Proceeds From Divestiture Of Businesses Net Of Cash Divested
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0 USD
coty Payments For Business And Asset Acquisitions
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592200000 USD
coty Payments For Business And Asset Acquisitions
PaymentsForBusinessAndAssetAcquisitions
40800000 USD
us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
200000 USD
us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
700000 USD
us-gaap Net Cash Provided By Used In Investing Activities
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-772800000 USD
us-gaap Net Cash Provided By Used In Investing Activities
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-371000000.0 USD
us-gaap Repayments Of Short Term Debt Maturing In Three Months Or Less
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4000000.0 USD
us-gaap Repayments Of Short Term Debt Maturing In Three Months Or Less
RepaymentsOfShortTermDebtMaturingInThreeMonthsOrLess
17100000 USD
us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
4543900000 USD
us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
1587400000 USD
us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
2589000000.0 USD
us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
1106800000 USD
us-gaap Repayments Of Medium Term Notes
RepaymentsOfMediumTermNotes
139400000 USD
us-gaap Repayments Of Medium Term Notes
RepaymentsOfMediumTermNotes
142500000 USD
us-gaap Payments Of Dividends
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196900000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
282800000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
2700000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
2000000.0 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
4500000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 USD
us-gaap Payments For Derivative Instrument Financing Activities
PaymentsForDerivativeInstrumentFinancingActivities
9400000 USD
us-gaap Payments For Derivative Instrument Financing Activities
PaymentsForDerivativeInstrumentFinancingActivities
6500000 USD
coty Payments To Acquire Additional Interest In Subsidiaries Financing Activities
PaymentsToAcquireAdditionalInterestInSubsidiariesFinancingActivities
45000000.0 USD
coty Payments To Acquire Additional Interest In Subsidiaries Financing Activities
PaymentsToAcquireAdditionalInterestInSubsidiariesFinancingActivities
0 USD
us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
24500000 USD
us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
34300000 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
0 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
10700000 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-4100000 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-5400000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
1529800000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-16700000 USD
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-30300000 USD
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-5700000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
931200000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
58000000.0 USD
CY2019Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
380400000 USD
CY2018Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
362200000 USD
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1311600000 USD
CY2019Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
420200000 USD
us-gaap Interest Paid Net
InterestPaidNet
188800000 USD
us-gaap Interest Paid Net
InterestPaidNet
195800000 USD
coty Swap Contract Settlements
SwapContractSettlements
0 USD
coty Swap Contract Settlements
SwapContractSettlements
43200000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
125500000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
88400000 USD
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
82100000 USD
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
97300000 USD
coty Noncash Common Stock Dividend
NoncashCommonStockDividend
88900000 USD
coty Noncash Common Stock Dividend
NoncashCommonStockDividend
0 USD
us-gaap Fiscal Period
FiscalPeriod
The Company operates on a fiscal year basis with a year-end of June 30. Unless otherwise noted, any reference to a year preceded by the word “fiscal” refers to the fiscal year ended June 30 of that year. For example, references to “fiscal 2020” refer to the fiscal year ending June 30, 2020.
CY2020Q1 coty Working Capital Maximum Required For Operations
WorkingCapitalMaximumRequiredForOperations
500000000.0 USD
CY2020Q1 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
33100000 USD
CY2019Q2 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
40000000.0 USD
us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-bottom:6pt;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%;">Use of Estimates</span></div><div style="text-indent:18pt;margin-bottom:6pt;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and revenues and expenses during the period reported. Significant accounting policies that contain subjective management estimates and assumptions include those related to revenue recognition, the market value of inventory, the fair value of acquired assets and liabilities associated with acquisitions, the assessment of goodwill, other intangible assets and long-lived assets for impairment and income taxes. Management evaluates its estimates and assumptions on an ongoing basis using historical experience and other factors, including the current economic environment, and makes adjustments when facts and circumstances dictate. As future events and their effects cannot be determined with precision, actual results could differ significantly from those estimates and assumptions. Significant changes, if any, in those estimates and assumptions resulting from continuing changes in the economic environment will be reflected in the Condensed Consolidated Financial Statements in future periods.</span></div>
CY2020Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.206
CY2019Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.000
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.306
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.001
CY2020Q1 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
331300000 USD
CY2019Q2 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
336100000 USD
CY2020Q1 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
156300000 USD
CY2020Q1 coty Unrecognized Tax Benefits Liability Including Income Tax Penaltiesand Interest Accrued
UnrecognizedTaxBenefitsLiabilityIncludingIncomeTaxPenaltiesandInterestAccrued
174900000 USD
CY2019Q2 coty Unrecognized Tax Benefits Liability Including Income Tax Penaltiesand Interest Accrued
UnrecognizedTaxBenefitsLiabilityIncludingIncomeTaxPenaltiesandInterestAccrued
179900000 USD
CY2020Q1 us-gaap Income Tax Examination Penalties And Interest Expense
IncomeTaxExaminationPenaltiesAndInterestExpense
1200000 USD
CY2019Q1 us-gaap Income Tax Examination Penalties And Interest Expense
IncomeTaxExaminationPenaltiesAndInterestExpense
600000 USD
us-gaap Income Tax Examination Penalties And Interest Expense
IncomeTaxExaminationPenaltiesAndInterestExpense
1300000 USD
us-gaap Income Tax Examination Penalties And Interest Expense
IncomeTaxExaminationPenaltiesAndInterestExpense
3200000 USD
CY2020Q1 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
18600000 USD
CY2019Q2 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
17300000 USD
CY2020Q1 us-gaap Decrease In Unrecognized Tax Benefits Is Reasonably Possible
DecreaseInUnrecognizedTaxBenefitsIsReasonablyPossible
33800000 USD
CY2020Q1 coty Receivables Monetization Recourse Obligation Percentage Of Net Invoice Value
ReceivablesMonetizationRecourseObligationPercentageOfNetInvoiceValue
0.10
CY2019Q3 coty Receivables Purchase Agreement Facility Limit
ReceivablesPurchaseAgreementFacilityLimit
93000000.0 EUR
CY2020Q1 us-gaap Operating Lease Cost
OperatingLeaseCost
34100000 USD
us-gaap Operating Lease Cost
OperatingLeaseCost
96200000 USD
CY2020Q1 us-gaap Short Term Lease Cost
ShortTermLeaseCost
500000 USD
us-gaap Short Term Lease Cost
ShortTermLeaseCost
1800000 USD
CY2020Q1 us-gaap Variable Lease Cost
VariableLeaseCost
17500000 USD
us-gaap Variable Lease Cost
VariableLeaseCost
45200000 USD
CY2020Q1 us-gaap Sublease Income
SubleaseIncome
2100000 USD
us-gaap Sublease Income
SubleaseIncome
6700000 USD
CY2020Q1 us-gaap Lease Cost
LeaseCost
50000000.0 USD
us-gaap Lease Cost
LeaseCost
136500000 USD
CY2020Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
31700000 USD
us-gaap Operating Lease Payments
OperatingLeasePayments
94800000 USD
CY2020Q1 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
11400000 USD
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
15500000 USD
CY2020Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P7Y4M24D
CY2020Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0338
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
41000000.0 USD
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
113300000 USD
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
97900000 USD
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
71800000 USD
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
61200000 USD
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
221500000 USD
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
606700000 USD
CY2020Q1 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
72800000 USD
CY2020Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
533900000 USD
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3 segment
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
3 segment
CY2020Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
104900000 USD
CY2020Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
429000000.0 USD
CY2020Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
533900000 USD
CY2019Q2 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
122200000 USD
CY2019Q2 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
111200000 USD
CY2019Q2 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
91300000 USD
CY2019Q2 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
76700000 USD
CY2019Q2 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
67800000 USD
CY2019Q2 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
252300000 USD
CY2019Q2 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
721500000 USD
CY2019Q2 us-gaap Operating Leases Future Minimum Payments Due Future Minimum Sublease Rentals
OperatingLeasesFutureMinimumPaymentsDueFutureMinimumSubleaseRentals
20100000 USD
CY2019Q2 coty Operating Leases Future Minimum Payments Net Of Sublease Income Due
OperatingLeasesFutureMinimumPaymentsNetOfSubleaseIncomeDue
701400000 USD
CY2020Q1 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
4 segment
CY2020Q1 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
4 segment
CY2020Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1528000000.0 USD
CY2019Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1990600000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
5815800000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
6533100000 USD
CY2020Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
-258800000 USD
CY2019Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
85500000 USD
CY2019Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
85500000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
-97400000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
-739800000 USD
CY2020Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
-258800000 USD
CY2019Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
85500000 USD
CY2019Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
85500000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
-97400000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
-739800000 USD
CY2020Q1 us-gaap Inventory Net
InventoryNet
959900000 USD
CY2020Q1 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-73600000 USD
CY2019Q1 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-72000000.0 USD
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-222100000 USD
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-204400000 USD
CY2020Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-500000 USD
CY2019Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-17500000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-4000000.0 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-25000000.0 USD
CY2020Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-332900000 USD
CY2019Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-4000000.0 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-323500000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-969200000 USD
CY2020Q1 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
13200000 USD
CY2019Q1 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
0.0 USD
us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
17300000 USD
us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
0.0 USD
CY2020Q1 coty Divestiture Related Costs
DivestitureRelatedCosts
36100000 USD
CY2019Q1 coty Divestiture Related Costs
DivestitureRelatedCosts
0.0 USD
coty Divestiture Related Costs
DivestitureRelatedCosts
68000000.0 USD
coty Divestiture Related Costs
DivestitureRelatedCosts
0.0 USD
CY2020Q1 us-gaap Restructuring Charges
RestructuringCharges
-6700000 USD
CY2019Q1 us-gaap Restructuring Charges
RestructuringCharges
6700000 USD
us-gaap Restructuring Charges
RestructuringCharges
134200000 USD
us-gaap Restructuring Charges
RestructuringCharges
43700000 USD
CY2020Q1 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
204900000 USD
CY2019Q2 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
259500000 USD
CY2020Q1 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
7500000 USD
CY2019Q2 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
20400000 USD
CY2020Q1 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
747500000 USD
CY2019Q2 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
873400000 USD
CY2019Q2 us-gaap Inventory Net
InventoryNet
1153300000 USD
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
us-gaap Asset Impairment Charges
AssetImpairmentCharges
40400000 USD
CY2020Q1 us-gaap Asset Impairment Charges
AssetImpairmentCharges
40400000 USD
CY2019Q2 us-gaap Goodwill Gross
GoodwillGross
9105700000 USD
CY2019Q2 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
4031900000 USD
CY2019Q2 us-gaap Goodwill
Goodwill
5073800000 USD
us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
127400000 USD
us-gaap Goodwill Written Off Related To Sale Of Business Unit
GoodwillWrittenOffRelatedToSaleOfBusinessUnit
23400000 USD
us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-255700000 USD
CY2020Q1 us-gaap Goodwill Gross
GoodwillGross
8954000000.0 USD
CY2020Q1 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
4031900000 USD
CY2020Q1 us-gaap Goodwill
Goodwill
4922100000 USD
CY2020Q1 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
2667300000 USD
CY2019Q2 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
2729800000 USD
CY2020Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
4774900000 USD
CY2019Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
4692500000 USD
CY2020Q1 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
7442200000 USD
CY2019Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
7422300000 USD
CY2019Q2 coty Indefinite Lived Intangible Assets Excluding Goodwill Gross
IndefiniteLivedIntangibleAssetsExcludingGoodwillGross
3356700000 USD
CY2019Q2 coty Accumulated Impairmentof Intangible Assets Indefinitelived Excluding Goodwill
AccumulatedImpairmentofIntangibleAssetsIndefinitelivedExcludingGoodwill
626900000 USD
CY2019Q2 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
2729800000 USD
us-gaap Indefinite Lived Intangible Assets Foreign Currency Translation Gain Loss
IndefiniteLivedIntangibleAssetsForeignCurrencyTranslationGainLoss
-22100000 USD
us-gaap Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
40400000 USD
CY2020Q1 coty Indefinite Lived Intangible Assets Excluding Goodwill Gross
IndefiniteLivedIntangibleAssetsExcludingGoodwillGross
3334600000 USD
CY2020Q1 coty Accumulated Impairmentof Intangible Assets Indefinitelived Excluding Goodwill
AccumulatedImpairmentofIntangibleAssetsIndefinitelivedExcludingGoodwill
667300000 USD
CY2020Q1 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
2667300000 USD
CY2019Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
6590500000 USD
CY2019Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
1872400000 USD
CY2019Q2 us-gaap Long Term Debt And Capital Lease Obligations Including Current Maturities
LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities
7745800000 USD
CY2019Q2 coty Finite Lived Intangible Assets Accumulated Impairment
FiniteLivedIntangibleAssetsAccumulatedImpairment
25600000 USD
CY2019Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
4692500000 USD
CY2020Q1 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
6796300000 USD
CY2020Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
1995800000 USD
CY2020Q1 coty Finite Lived Intangible Assets Accumulated Impairment
FiniteLivedIntangibleAssetsAccumulatedImpairment
25600000 USD
CY2020Q1 us-gaap Finite Lived Intangible Assets Net
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CY2020Q1 us-gaap Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
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DefinedBenefitPlanExpectedReturnOnPlanAssets
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CY2020Q1 us-gaap Defined Benefit Plan Amortization Of Prior Service Cost Credit
DefinedBenefitPlanAmortizationOfPriorServiceCostCredit
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DefinedBenefitPlanAmortizationOfPriorServiceCostCredit
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DefinedBenefitPlanAmortizationOfGainsLosses
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200000 USD
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6400000 USD
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6300000 USD
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DefinedBenefitPlanAmortizationOfGainsLosses
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us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
400000 USD
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26400000 USD
us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
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CY2020Q1 us-gaap Other Comprehensive Income Loss Net Investment Hedge Gain Loss Before Reclassification And Tax
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125500000 USD
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149100000 USD
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CY2019Q4 us-gaap Stock Issued During Period Value Stock Dividend
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CY2020Q1 us-gaap Stock Issued During Period Value Stock Dividend
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us-gaap Stock Issued During Period Value Stock Dividend
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us-gaap Dividends Common Stock
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CY2020Q1 us-gaap Allocated Share Based Compensation Expense
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CY2019Q1 us-gaap Allocated Share Based Compensation Expense
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us-gaap Allocated Share Based Compensation Expense
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us-gaap Allocated Share Based Compensation Expense
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CY2020Q1 us-gaap Allocated Share Based Compensation Expense
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us-gaap Allocated Share Based Compensation Expense
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CY2020Q1 us-gaap Stock Issued During Period Value Share Based Compensation Forfeited
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CY2020Q1 coty Incremental Common Shares Attributable To Dilutive Effect Of Share Based Payment Arrangements Stock Options
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CY2019Q1 coty Incremental Common Shares Attributable To Dilutive Effect Of Share Based Payment Arrangements Restricted Stock And Restricted Stock Units Rs Us
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CY2020Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2019Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2020Q1 us-gaap Earnings Per Share Basic
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us-gaap Earnings Per Share Diluted
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