2019 Q2 Form 10-K Financial Statement

#000102430520000084 Filed on August 27, 2020

View on sec.gov

Income Statement

Concept 2019 Q2 2018 Q2 2018 Q1
Revenue $1.506B -$256.8M $2.223B
YoY Change -686.53% -111.46% 9.38%
Cost Of Revenue $591.0M -$6.800M $812.3M
YoY Change -8791.18% -100.78% -0.47%
Gross Profit $915.2M -$250.0M $1.410B
YoY Change -466.08% -118.23% 15.99%
Gross Profit Margin 60.76% 63.45%
Selling, General & Admin $791.0M $51.50M $1.252B
YoY Change 1435.92% -94.45% 14.57%
% of Gross Profit 86.43% 88.74%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $185.7M $193.5M $193.0M
YoY Change -4.03% 38.02% 4.55%
% of Gross Profit 20.29% 13.68%
Operating Expenses $850.4M $35.20M $1.252B
YoY Change 2315.91% -96.42% 14.57%
Operating Profit $64.80M -$285.2M $20.70M
YoY Change -122.72% -173.54% -110.75%
Interest Expense $57.10M -$1.300M $75.50M
YoY Change -4492.31% -97.82% 27.97%
% of Operating Profit 88.12% 364.73%
Other Income/Expense, Net -$120.0M -$17.60M -$3.800M
YoY Change 581.82% 1157.14% -860.0%
Pretax Income -$2.807B -$408.1M -$55.70M
YoY Change 587.9% 20.06% -77.97%
Income Tax -$24.20M -$111.4M $4.400M
% Of Pretax Income
Net Earnings -$2.799B -$181.3M -$77.00M
YoY Change 1444.07% -40.52% -53.11%
Net Earnings / Revenue -185.86% -3.46%
Basic Earnings Per Share -$0.10
Diluted Earnings Per Share -$3.725M -$237.3K -$0.10
COMMON SHARES
Basic Shares Outstanding 751.4M shares 750.5M shares 750.1M shares
Diluted Shares Outstanding 750.1M shares

Balance Sheet

Concept 2019 Q2 2018 Q2 2018 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $340.0M $332.0M $461.0M
YoY Change 2.41% -37.94% -39.9%
Cash & Equivalents $340.4M $331.6M $460.8M
Short-Term Investments
Other Short-Term Assets $58.20M $83.30M $636.0M
YoY Change -30.13% -84.07% 12.77%
Inventory $860.1M $1.149B $1.259B
Prepaid Expenses
Receivables $858.9M $1.536B $1.555B
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $3.271B $3.651B $3.911B
YoY Change -10.41% 1.94% 4.39%
LONG-TERM ASSETS
Property, Plant & Equipment $1.333B $1.681B $1.689B
YoY Change -20.71% 2.98% 8.57%
Goodwill $4.167B $7.596B $8.973B
YoY Change -45.14% -11.22% 10.61%
Intangibles $4.531B $8.284B $8.662B
YoY Change -45.3% -1.67% -3.42%
Long-Term Investments
YoY Change
Other Assets $102.5M $299.5M $303.8M
YoY Change -65.78% 6.47% 4.83%
Total Long-Term Assets $14.44B $18.98B $19.85B
YoY Change -23.92% 0.07% 4.35%
TOTAL ASSETS
Total Short-Term Assets $3.271B $3.651B $3.911B
Total Long-Term Assets $14.44B $18.98B $19.85B
Total Assets $17.71B $22.63B $23.77B
YoY Change -21.74% 0.36% 4.35%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.584B $1.929B $1.709B
YoY Change -17.89% 11.34% 17.36%
Accrued Expenses $1.189B $1.844B $1.882B
YoY Change -35.56% 2.67% 20.74%
Deferred Revenue
YoY Change
Short-Term Debt $4.200M $9.200M $10.50M
YoY Change -54.35% 148.65% 208.82%
Long-Term Debt Due $190.0M $210.0M $221.0M
YoY Change -9.52% 2.44% 16.32%
Total Short-Term Liabilities $3.475B $4.044B $3.942B
YoY Change -14.07% 6.32% 21.0%
LONG-TERM LIABILITIES
Long-Term Debt $7.470B $7.305B $7.629B
YoY Change 2.25% 5.44% 10.41%
Other Long-Term Liabilities $398.0M $388.5M $499.6M
YoY Change 2.45% -17.93% 29.6%
Total Long-Term Liabilities $7.868B $7.694B $8.128B
YoY Change 2.26% 3.95% 11.42%
TOTAL LIABILITIES
Total Short-Term Liabilities $3.475B $4.044B $3.942B
Total Long-Term Liabilities $7.868B $7.694B $8.128B
Total Liabilities $12.66B $13.11B $13.60B
YoY Change -3.42% 3.43% 7.63%
SHAREHOLDERS EQUITY
Retained Earnings -$4.541B -$626.2M -$438.4M
YoY Change 625.2% 36.37% 183.94%
Common Stock $8.100M $8.100M $8.100M
YoY Change 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $1.442B $1.442B $1.442B
YoY Change 0.0% 0.0% 0.0%
Treasury Stock Shares 65.00M shares 65.00M shares 65.00M shares
Shareholders Equity $4.587B $8.850B $9.499B
YoY Change
Total Liabilities & Shareholders Equity $17.71B $22.63B $23.77B
YoY Change -21.74% 0.36% 4.35%

Cashflow Statement

Concept 2019 Q2 2018 Q2 2018 Q1
OPERATING ACTIVITIES
Net Income -$2.799B -$181.3M -$77.00M
YoY Change 1444.07% -40.52% -53.11%
Depreciation, Depletion And Amortization $185.7M $193.5M $193.0M
YoY Change -4.03% 38.02% 4.55%
Cash From Operating Activities $188.2M $224.8M -$118.9M
YoY Change -16.28% 342.52% -374.6%
INVESTING ACTIVITIES
Capital Expenditures -$95.70M -$127.7M -$86.50M
YoY Change -25.06% 17.91% -31.24%
Acquisitions
YoY Change
Other Investing Activities $12.70M $20.80M -$200.0K
YoY Change -38.94% 2500.0% -99.97%
Cash From Investing Activities -$83.00M -$106.9M -$86.70M
YoY Change -22.36% -0.56% -87.86%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -143.6M -221.6M 257.7M
YoY Change -35.2% 19.2% -46.52%
NET CHANGE
Cash From Operating Activities 188.2M 224.8M -118.9M
Cash From Investing Activities -83.00M -106.9M -86.70M
Cash From Financing Activities -143.6M -221.6M 257.7M
Net Change In Cash -38.40M -103.7M 52.10M
YoY Change -62.97% -57.25% -127.58%
FREE CASH FLOW
Cash From Operating Activities $188.2M $224.8M -$118.9M
Capital Expenditures -$95.70M -$127.7M -$86.50M
Free Cash Flow $283.9M $352.5M -$32.40M
YoY Change -19.46% 121.56% -119.16%

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16800000 USD
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CY2018 us-gaap Other Noncash Income Expense
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CY2018 us-gaap Increase Decrease In Accounts Receivable
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CY2019 us-gaap Increase Decrease In Inventories
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21900000 USD
CY2018 us-gaap Increase Decrease In Inventories
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60000000.0 USD
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CY2018 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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159500000 USD
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CY2018 us-gaap Increase Decrease In Accrued Liabilities
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CY2019 us-gaap Increase Decrease In Accrued Taxes Payable
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66400000 USD
CY2018 us-gaap Increase Decrease In Accrued Taxes Payable
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CY2019 us-gaap Increase Decrease In Other Noncurrent Assets
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CY2018 us-gaap Increase Decrease In Other Noncurrent Assets
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17900000 USD
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413700000 USD
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267400000 USD
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426600000 USD
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40800000 USD
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278000000.0 USD
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25600000 USD
CY2019 us-gaap Proceeds From Divestiture Of Businesses Net Of Cash Divested
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0 USD
CY2018 us-gaap Proceeds From Divestiture Of Businesses Net Of Cash Divested
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36800000 USD
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21000000.0 USD
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CY2019 us-gaap Proceeds From Issuance Of Senior Long Term Debt
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0 USD
CY2018 us-gaap Proceeds From Issuance Of Senior Long Term Debt
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2700000 USD
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5900000 USD
CY2018 us-gaap Proceeds From Issuance Of Common Stock
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22600000 USD
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4500000 USD
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0 USD
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CY2020 us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
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CY2018 us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
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400000 USD
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38100000 USD
CY2018 us-gaap Payments To Minority Shareholders
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66400000 USD
CY2020 coty Payments To Acquire Additional Interest In Subsidiaries Financing Activities
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45000000.0 USD
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CY2018 coty Payments To Acquire Additional Interest In Subsidiaries Financing Activities
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55100000 USD
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CY2019 us-gaap Proceeds From Payments For Other Financing Activities
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CY2018 us-gaap Proceeds From Payments For Other Financing Activities
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18200000 USD
CY2018 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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CY2020Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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380400000 USD
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0.10
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43200000 USD
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158800000 USD
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15200000 USD
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0 USD
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0 USD
CY2020 coty Revenue Recognition Sales Returns Percent
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0.03
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0.02
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0.02
CY2020 coty Revenue Recognition Reductionof Gross Revenuefrom Trade Spending Activities Percentage
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0.11
CY2019 coty Revenue Recognition Reductionof Gross Revenuefrom Trade Spending Activities Percentage
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0.09
CY2020 us-gaap Use Of Estimates
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<div style="margin-top: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:700;line-height:120%;">Use of Estimates</span></div><div style="text-indent:18pt;margin-top: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 Consolidated Financial Statements in future periods.</span></div>
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us-gaap Number Of Reportable Segments
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us-gaap Number Of Operating Segments
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CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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10000000.0 USD
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93000000.0 EUR
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13200000 USD
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15600000 USD
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331800000 USD
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27800000 USD
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15600000 USD
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389800000 USD
CY2019 us-gaap Impairment Of Intangible Assets Finitelived
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19700000 USD
CY2020 us-gaap Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
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329000000.0 USD
CY2020Q2 us-gaap Goodwill Impairment Loss
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CY2018Q2 us-gaap Goodwill
Goodwill
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CY2019 us-gaap Goodwill Impairment Loss
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3307500000 USD
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CY2019 us-gaap Goodwill Foreign Currency Translation Gain Loss
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CY2019Q2 us-gaap Goodwill
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22900000 USD
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105000000.0 USD
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CY2020Q2 us-gaap Goodwill
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CY2019Q2 us-gaap Intangible Assets Net Excluding Goodwill
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1932700000 USD
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194700000 USD
CY2018Q2 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
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389800000 USD
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CY2019Q2 coty Indefinite Lived Intangible Assets Excluding Goodwill Gross
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1914000000.0 USD
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584500000 USD
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329000000.0 USD
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913500000 USD
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25600000 USD
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25600000 USD
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246700000 USD
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CY2020Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
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CY2018 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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43000000.0 USD
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0 USD
CY2019 coty Effective Income Tax Rate Reconciliation2017 Tax Cuts And Jobs Act Amount
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0 USD
CY2018 coty Effective Income Tax Rate Reconciliation2017 Tax Cuts And Jobs Act Amount
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123000000.0 USD
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14300000 USD
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5000000.0 USD
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0 USD
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1900000 USD
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26100000 USD
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675600000 USD
CY2018 us-gaap Income Tax Reconciliation Nondeductible Expense Impairment Losses
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CY2020 us-gaap Income Tax Reconciliation Disposition Of Business
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CY2018 us-gaap Income Tax Reconciliation Disposition Of Business
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36100000 USD
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CY2019Q2 us-gaap Deferred Income Tax Liabilities
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CY2019 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
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CY2018 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
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42300000 USD
CY2020 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
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12700000 USD
CY2019 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
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10400000 USD
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CY2019 coty Unrecognized Tax Benefits Increase Decrease Resultingfrom Foreign Currency Translation
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CY2020Q2 us-gaap Unrecognized Tax Benefits
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CY2020 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Expense
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CY2019 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Expense
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CY2019Q2 coty Defined Benefit Plan Plan Assets Amount Reclassified To Held For Sale
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CY2020Q2 us-gaap Defined Benefit Plan Funded Status Of Plan
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CY2020 us-gaap Unrecognized Tax Benefits Income Tax Penalties Expense
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CY2019 us-gaap Unrecognized Tax Benefits Income Tax Penalties Expense
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CY2018 us-gaap Unrecognized Tax Benefits Income Tax Penalties Expense
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19300000 USD
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16700000 USD
CY2020 coty Numberof Tax Jurisdictions
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CY2020 coty Income Tax Expense Benefit Resultingfrom Tax Settlementsand Lapseof Limitations
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33200000 USD
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CY2020 coty Defined Contribution Plan Service Period Requiredto Participatein Plan
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1
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CY2019 us-gaap Defined Benefit Plan Plan Amendments
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20300000 USD
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20000000.0 USD
CY2020 coty Defined Benefit Plan New Employees Transfers In
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18700000 USD
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CY2019 coty Defined Benefit Plan Premiums Paid
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4100000 USD
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10900000 USD
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3500000 USD
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6400000 USD
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CY2020 us-gaap Defined Benefit Plan Plan Assets Benefits Paid
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19900000 USD
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20000000.0 USD
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18700000 USD
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16200000 USD
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2500000 USD
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37400000 USD
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1900000 USD
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CY2020 coty Defined Benefit Plan Plan Assets Increase Decreasefor Other Change
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500000 USD
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274600000 USD
CY2019Q2 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
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268900000 USD
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1500000 USD
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4700000 USD
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CY2019Q2 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
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447700000 USD
CY2020Q2 us-gaap Defined Benefit Plan Funded Status Of Plan
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CY2019Q2 us-gaap Defined Benefit Plan Funded Status Of Plan
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CY2020Q2 us-gaap Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
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8700000 USD
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34200000 USD
CY2019 us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
34500000 USD
CY2018 us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
40200000 USD
CY2020 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
11400000 USD
CY2019 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
15600000 USD
CY2018 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
15300000 USD
CY2020 us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
8400000 USD
CY2019 us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
8200000 USD
CY2018 us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
7500000 USD
CY2020 us-gaap Defined Benefit Plan Amortization Of Prior Service Cost Credit
DefinedBenefitPlanAmortizationOfPriorServiceCostCredit
-6700000 USD
CY2019 us-gaap Defined Benefit Plan Amortization Of Prior Service Cost Credit
DefinedBenefitPlanAmortizationOfPriorServiceCostCredit
-5700000 USD
CY2018 us-gaap Defined Benefit Plan Amortization Of Prior Service Cost Credit
DefinedBenefitPlanAmortizationOfPriorServiceCostCredit
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CY2020 us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
-500000 USD
CY2019 us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
500000 USD
CY2018 us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
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CY2020 us-gaap Defined Benefit Plan Recognized Net Gain Loss Due To Settlements1
DefinedBenefitPlanRecognizedNetGainLossDueToSettlements1
200000 USD
CY2019 us-gaap Defined Benefit Plan Recognized Net Gain Loss Due To Settlements1
DefinedBenefitPlanRecognizedNetGainLossDueToSettlements1
800000 USD
CY2018 us-gaap Defined Benefit Plan Recognized Net Gain Loss Due To Settlements1
DefinedBenefitPlanRecognizedNetGainLossDueToSettlements1
0 USD
CY2020 us-gaap Defined Benefit Plan Recognized Net Gain Loss Due To Curtailments
DefinedBenefitPlanRecognizedNetGainLossDueToCurtailments
14900000 USD
CY2019 us-gaap Defined Benefit Plan Recognized Net Gain Loss Due To Curtailments
DefinedBenefitPlanRecognizedNetGainLossDueToCurtailments
5400000 USD
CY2018 us-gaap Defined Benefit Plan Recognized Net Gain Loss Due To Curtailments
DefinedBenefitPlanRecognizedNetGainLossDueToCurtailments
10300000 USD
CY2020 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
15900000 USD
CY2019 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
29500000 USD
CY2018 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
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32400000 USD
CY2020Q2 us-gaap Defined Benefit Plan Accumulated Other Comprehensive Income Net Gains Losses Before Tax
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700000 USD
CY2019Q2 us-gaap Defined Benefit Plan Accumulated Other Comprehensive Income Net Gains Losses Before Tax
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CY2020Q2 us-gaap Defined Benefit Plan Accumulated Other Comprehensive Income Net Prior Service Cost Credit Before Tax
DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeNetPriorServiceCostCreditBeforeTax
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CY2019Q2 us-gaap Defined Benefit Plan Accumulated Other Comprehensive Income Net Prior Service Cost Credit Before Tax
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CY2020 us-gaap Stock Issued During Period Shares Restricted Stock Award Gross
StockIssuedDuringPeriodSharesRestrictedStockAwardGross
2300000 shares
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DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeBeforeTax
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CY2019Q2 us-gaap Defined Benefit Plan Accumulated Other Comprehensive Income Before Tax
DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeBeforeTax
10100000 USD
CY2020 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Net Unamortized Gain Loss Arising During Period Before Tax
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29200000 USD
CY2019 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Net Unamortized Gain Loss Arising During Period Before Tax
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CY2019 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Before Tax
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-5700000 USD
CY2020 us-gaap Other Comprehensive Income Loss Finalization Of Pension And Non Pension Postretirement Plan Valuation Net Of Tax
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CY2019 us-gaap Other Comprehensive Income Loss Finalization Of Pension And Non Pension Postretirement Plan Valuation Net Of Tax
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0 USD
CY2020 us-gaap Defined Benefit Plan Amounts Recognized In Other Comprehensive Income Loss Net Gain Loss Before Tax
DefinedBenefitPlanAmountsRecognizedInOtherComprehensiveIncomeLossNetGainLossBeforeTax
-500000 USD
CY2019 us-gaap Defined Benefit Plan Amounts Recognized In Other Comprehensive Income Loss Net Gain Loss Before Tax
DefinedBenefitPlanAmountsRecognizedInOtherComprehensiveIncomeLossNetGainLossBeforeTax
-1300000 USD
CY2020 us-gaap Defined Benefit Plan Amounts Recognized In Other Comprehensive Income Net Prior Service Cost Credit Before Tax
DefinedBenefitPlanAmountsRecognizedInOtherComprehensiveIncomeNetPriorServiceCostCreditBeforeTax
0 USD
CY2019 us-gaap Defined Benefit Plan Amounts Recognized In Other Comprehensive Income Net Prior Service Cost Credit Before Tax
DefinedBenefitPlanAmountsRecognizedInOtherComprehensiveIncomeNetPriorServiceCostCreditBeforeTax
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CY2020 coty Other Comprehensive Income Loss Pensionand Other Postretirement Benefit Plans Foreign Currency Transactionand Translation Adjustmentbefore Tax
OtherComprehensiveIncomeLossPensionandOtherPostretirementBenefitPlansForeignCurrencyTransactionandTranslationAdjustmentbeforeTax
200000 USD
CY2019 coty Other Comprehensive Income Loss Pensionand Other Postretirement Benefit Plans Foreign Currency Transactionand Translation Adjustmentbefore Tax
OtherComprehensiveIncomeLossPensionandOtherPostretirementBenefitPlansForeignCurrencyTransactionandTranslationAdjustmentbeforeTax
-400000 USD
CY2020 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax
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CY2019 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Tax
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76600000 USD
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-1300000 USD
CY2020Q2 us-gaap Defined Benefit Plan Expected Amortization Next Fiscal Year
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0.05
CY2019Q2 us-gaap Defined Benefit Plan Ultimate Health Care Cost Trend Rate1
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0.05
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0.05
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6100000 USD
CY2020 us-gaap Defined Benefit Plan Effect Of One Percentage Point Decrease On Service And Interest Cost Components1
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5300000 USD
CY2020 us-gaap Defined Benefit Plan Effect Of One Percentage Point Increase On Accumulated Postretirement Benefit Obligation
DefinedBenefitPlanEffectOfOnePercentagePointIncreaseOnAccumulatedPostretirementBenefitObligation
300000 USD
CY2020 us-gaap Defined Benefit Plan Effect Of One Percentage Point Decrease On Accumulated Postretirement Benefit Obligation1
DefinedBenefitPlanEffectOfOnePercentagePointDecreaseOnAccumulatedPostretirementBenefitObligation1
300000 USD
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DefinedBenefitPlanExpectedFutureBenefitPaymentsNextTwelveMonths
83200000 USD
CY2020Q2 us-gaap Defined Benefit Plan Expected Future Benefit Payments Year Two
DefinedBenefitPlanExpectedFutureBenefitPaymentsYearTwo
29600000 USD
CY2020Q2 us-gaap Defined Benefit Plan Expected Future Benefit Payments Year Three
DefinedBenefitPlanExpectedFutureBenefitPaymentsYearThree
30600000 USD
CY2020Q2 us-gaap Defined Benefit Plan Expected Future Benefit Payments Year Four
DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFour
30400000 USD
CY2020Q2 us-gaap Defined Benefit Plan Expected Future Benefit Payments Year Five
DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFive
31000000.0 USD
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181500000 USD
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CY2020 us-gaap Shares Paid For Tax Withholding For Share Based Compensation
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300000 shares
CY2020 coty Restricted Stock Trading Restriction Term
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P1Y
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1100000 USD
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CY2019Q4 us-gaap Dividends Common Stock Stock
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1300000 USD
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CY2020 us-gaap Common Stock Dividends Per Share Declared
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CY2020 us-gaap Dividends
Dividends
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195200000 USD
CY2020 us-gaap Dividends Common Stock Stock
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1200000 USD
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93900000 USD
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1200000 USD
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30600000 USD
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30900000 USD
CY2019Q4 us-gaap Dividends Common Stock Stock
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29300000 USD
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2400000 shares
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3200000 shares
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2400000 shares
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3600000 USD
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61300000 shares
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11700000 USD
CY2018 us-gaap Allocated Share Based Compensation Expense
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CY2020 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
42200000 USD
CY2019 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
11700000 USD
CY2018 us-gaap Allocated Share Based Compensation Expense
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30400000 USD
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6700000 USD
CY2019 coty Allocated Sharebased Compensation Income
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2200000 shares
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
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19400000 shares
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5900000 shares
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27900000 shares
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12.89
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2200000 shares
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12.21
CY2020 us-gaap Stock Issued During Period Shares Stock Options Exercised
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300000 shares
CY2020 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
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9.56
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11800000 shares
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12.79
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18000000.0 shares
CY2020Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
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12.93
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15000000.0 shares
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12.75
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0 USD
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P7Y11M1D
CY2020Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
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800000 shares
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10.24
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0 USD
CY2020 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
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P0Y9M25D
CY2020Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
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18000000.0 shares
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3.41
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
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2.87
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
4.87
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
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6100000 USD
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
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11500000 USD
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
32200000 USD
CY2019Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares
26800000 shares
CY2019Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue
3.72
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
2200000 shares
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
3.41
CY2020 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Options Forfeited Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedOptionsForfeitedNumberOfShares
11800000 shares
CY2020 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Options Forfeited Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedOptionsForfeitedWeightedAverageGrantDateFairValue
3.64
CY2020Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares
17200000 shares
CY2020Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue
3.73
CY2018 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-403300000 USD
CY2020 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
6500000 USD
CY2019 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
0 USD
CY2018Q4 coty Sharebased Compensation Arrangementby Sharebased Payment Award Vesting Rights Number Of Employees With Outstanding Awards
SharebasedCompensationArrangementbySharebasedPaymentAwardVestingRightsNumberOfEmployeesWithOutstandingAwards
560 employee
CY2020 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-1093900000 USD
CY2019 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-3905200000 USD
CY2018 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
0 USD
CY2020 us-gaap Net Income Loss From Continuing Operations Available To Common Shareholders Basic
NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersBasic
-1100400000 USD
CY2019 us-gaap Net Income Loss From Continuing Operations Available To Common Shareholders Basic
NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersBasic
-3905200000 USD
CY2018 us-gaap Net Income Loss From Continuing Operations Available To Common Shareholders Basic
NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersBasic
-403300000 USD
CY2020 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
87200000 USD
CY2019 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
121000000.0 USD
CY2018 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
234500000 USD
CY2020 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-1013200000 USD
CY2019 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-3784200000 USD
CY2018 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-168800000 USD
CY2020 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
759100000 shares
CY2019 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
751200000 shares
CY2018 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
749700000 shares
CY2020 coty Incremental Common Shares Attributable To Dilutive Effect Of Share Based Payment Arrangements Stock Options
IncrementalCommonSharesAttributableToDilutiveEffectOfShareBasedPaymentArrangementsStockOptions
0 shares
CY2019 coty Incremental Common Shares Attributable To Dilutive Effect Of Share Based Payment Arrangements Stock Options
IncrementalCommonSharesAttributableToDilutiveEffectOfShareBasedPaymentArrangementsStockOptions
0 shares
CY2018 coty Incremental Common Shares Attributable To Dilutive Effect Of Share Based Payment Arrangements Stock Options
IncrementalCommonSharesAttributableToDilutiveEffectOfShareBasedPaymentArrangementsStockOptions
0 shares
CY2020 coty Incremental Common Shares Attributable To Dilutive Effect Of Share Based Payment Arrangements Restricted Stock And Restricted Stock Units Rs Us
IncrementalCommonSharesAttributableToDilutiveEffectOfShareBasedPaymentArrangementsRestrictedStockAndRestrictedStockUnitsRSUs
0 shares
CY2019 coty Incremental Common Shares Attributable To Dilutive Effect Of Share Based Payment Arrangements Restricted Stock And Restricted Stock Units Rs Us
IncrementalCommonSharesAttributableToDilutiveEffectOfShareBasedPaymentArrangementsRestrictedStockAndRestrictedStockUnitsRSUs
0 shares
CY2018 coty Incremental Common Shares Attributable To Dilutive Effect Of Share Based Payment Arrangements Restricted Stock And Restricted Stock Units Rs Us
IncrementalCommonSharesAttributableToDilutiveEffectOfShareBasedPaymentArrangementsRestrictedStockAndRestrictedStockUnitsRSUs
0 shares
CY2020 us-gaap Incremental Common Shares Attributable To Conversion Of Preferred Stock
IncrementalCommonSharesAttributableToConversionOfPreferredStock
0 shares
CY2019 us-gaap Incremental Common Shares Attributable To Conversion Of Preferred Stock
IncrementalCommonSharesAttributableToConversionOfPreferredStock
0 shares
CY2018 us-gaap Incremental Common Shares Attributable To Conversion Of Preferred Stock
IncrementalCommonSharesAttributableToConversionOfPreferredStock
0 shares
CY2020 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
759100000 shares
CY2019 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
751200000 shares
CY2018 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
749700000 shares
CY2020 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-1.45
CY2019 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-5.20
CY2018 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-0.54
CY2020 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-1.45
CY2019 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-5.20
CY2018 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-0.54
CY2020 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0.12
CY2019 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0.16
CY2018 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0.31
CY2020 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.12
CY2019 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.16
CY2018 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.31
CY2020 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.33
CY2019 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-5.04
CY2018 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.23
CY2020 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.33
CY2019 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-5.04
CY2018 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.23
CY2020Q2 us-gaap Purchase Obligation Due In Next Twelve Months
PurchaseObligationDueInNextTwelveMonths
242500000 USD
CY2020Q2 us-gaap Purchase Obligation Due In Second Year
PurchaseObligationDueInSecondYear
76700000 USD
CY2020Q2 us-gaap Purchase Obligation Due In Third Year
PurchaseObligationDueInThirdYear
33700000 USD
CY2020Q2 us-gaap Purchase Obligation Due In Fourth Year
PurchaseObligationDueInFourthYear
22400000 USD
CY2020Q2 us-gaap Purchase Obligation Due In Fifth Year
PurchaseObligationDueInFifthYear
1200000 USD
CY2020Q2 us-gaap Purchase Obligation Due After Fifth Year
PurchaseObligationDueAfterFifthYear
0 USD
CY2020Q2 us-gaap Purchase Obligation
PurchaseObligation
376500000 USD

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