2024 Q2 Form 10-Q Financial Statement

#000102430524000023 Filed on May 07, 2024

View on sec.gov

Income Statement

Concept 2024 Q2 2024 Q1
Revenue $1.363B $1.386B
YoY Change 0.87% 7.5%
Cost Of Revenue $488.0M $487.8M
YoY Change -2.81% 2.03%
Gross Profit $875.4M $897.8M
YoY Change 3.05% 10.73%
Gross Profit Margin 64.21% 64.8%
Selling, General & Admin $791.1M $770.6M
YoY Change 17.57% 6.97%
% of Gross Profit 90.37% 85.83%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $104.5M $104.4M
YoY Change -4.04% -2.79%
% of Gross Profit 11.94% 11.63%
Operating Expenses $839.1M $770.6M
YoY Change 16.28% 6.97%
Operating Profit $36.30M $77.80M
YoY Change -71.62% 78.85%
Interest Expense -$96.90M $58.80M
YoY Change 34.21% -9.82%
% of Operating Profit -266.94% 75.58%
Other Income/Expense, Net -$45.20M -$14.00M
YoY Change -305.45% -108.92%
Pretax Income -$107.4M $3.400M
YoY Change -236.29% -97.6%
Income Tax -$11.80M -$5.400M
% Of Pretax Income -158.82%
Net Earnings -$100.2M $3.800M
YoY Change -438.51% -96.49%
Net Earnings / Revenue -7.35% 0.27%
Basic Earnings Per Share $0.00
Diluted Earnings Per Share -$0.12 $0.00
COMMON SHARES
Basic Shares Outstanding 867.8M shares 895.2M shares
Diluted Shares Outstanding 892.0M shares

Balance Sheet

Concept 2024 Q2 2024 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $300.8M $260.2M
YoY Change 21.83% 6.2%
Cash & Equivalents $300.8M $260.2M
Short-Term Investments
Other Short-Term Assets $32.70M $485.8M
YoY Change -40.97% 3.23%
Inventory $764.1M $759.7M
Prepaid Expenses
Receivables $441.6M $479.9M
Other Receivables $0.00 $0.00
Total Short-Term Assets $1.964B $1.986B
YoY Change -4.3% 3.71%
LONG-TERM ASSETS
Property, Plant & Equipment $718.9M $703.4M
YoY Change 0.84% 0.89%
Goodwill $3.906B $3.965B
YoY Change -2.06% -0.23%
Intangibles $3.566B $3.633B
YoY Change -6.12% -5.72%
Long-Term Investments $1.091B $1.087B
YoY Change 2.03% 3.5%
Other Assets $92.10M $97.60M
YoY Change -44.38% -66.19%
Total Long-Term Assets $10.12B $10.34B
YoY Change -4.63% -4.21%
TOTAL ASSETS
Total Short-Term Assets $1.964B $1.986B
Total Long-Term Assets $10.12B $10.34B
Total Assets $12.08B $12.32B
YoY Change -4.57% -3.02%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.406B $1.250B
YoY Change -2.71% -11.2%
Accrued Expenses $1.067B $1.151B
YoY Change 2.43% -1.34%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $1.500M
YoY Change
Long-Term Debt Due $3.000M $2.900M
YoY Change -94.82% -95.75%
Total Short-Term Liabilities $2.602B $2.476B
YoY Change -4.93% -10.19%
LONG-TERM LIABILITIES
Long-Term Debt $3.842B $3.902B
YoY Change -8.05% -7.64%
Other Long-Term Liabilities $347.4M $328.0M
YoY Change 6.76% 8.93%
Total Long-Term Liabilities $4.189B $4.230B
YoY Change -6.98% -6.54%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.602B $2.476B
Total Long-Term Liabilities $4.189B $4.230B
Total Liabilities $7.835B $7.904B
YoY Change -7.04% -7.76%
SHAREHOLDERS EQUITY
Retained Earnings -$4.899B -$4.802B
YoY Change -1.79% -4.37%
Common Stock $9.600M $9.600M
YoY Change 5.49% 5.49%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $3.827B $3.993B
YoY Change
Total Liabilities & Shareholders Equity $12.08B $12.32B
YoY Change -4.57% -3.02%

Cashflow Statement

Concept 2024 Q2 2024 Q1
OPERATING ACTIVITIES
Net Income -$100.2M $3.800M
YoY Change -438.51% -96.49%
Depreciation, Depletion And Amortization $104.5M $104.4M
YoY Change -4.04% -2.79%
Cash From Operating Activities $176.5M -$170.0M
YoY Change 68.26% 36.44%
INVESTING ACTIVITIES
Capital Expenditures $59.80M $64.30M
YoY Change -10.48% 19.29%
Acquisitions
YoY Change
Other Investing Activities -$4.900M $22.20M
YoY Change -110.58% 1485.71%
Cash From Investing Activities -$64.70M -$42.10M
YoY Change 215.61% -19.81%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -72.60M 21.80M
YoY Change 1.26% -84.32%
NET CHANGE
Cash From Operating Activities 176.5M -170.0M
Cash From Investing Activities -64.70M -42.10M
Cash From Financing Activities -72.60M 21.80M
Net Change In Cash 39.20M -190.3M
YoY Change 208.66% 399.48%
FREE CASH FLOW
Cash From Operating Activities $176.5M -$170.0M
Capital Expenditures $59.80M $64.30M
Free Cash Flow $116.7M -$234.3M
YoY Change 206.3% 31.26%

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CY2023Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
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CY2023Q1 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
3600000 usd
CY2023Q1 coty Temporary Equity Distributionto Noncontrolling Interests Net
TemporaryEquityDistributiontoNoncontrollingInterestsNet
13800000 usd
CY2023Q1 us-gaap Minority Interest Change In Redemption Value
MinorityInterestChangeInRedemptionValue
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CY2023Q1 coty Temporary Equity Repurchase Adjustment Of Redeemable Noncontrolling Interests
TemporaryEquityRepurchaseAdjustmentOfRedeemableNoncontrollingInterests
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CY2023Q1 coty Adjustments To Additional Paid In Capital Share Based Payment Arrangement Contribution From Equity Method Investment
AdjustmentsToAdditionalPaidInCapitalShareBasedPaymentArrangementContributionFromEquityMethodInvestment
1100000 usd
CY2023Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
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CY2023Q1 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
69100000 usd
CY2023Q1 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
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us-gaap Profit Loss
ProfitLoss
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us-gaap Profit Loss
ProfitLoss
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us-gaap Depreciation And Amortization
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us-gaap Depreciation And Amortization
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coty Operating Lease Right Of Use Asset Accumulated Depreciation
OperatingLeaseRightOfUseAssetAccumulatedDepreciation
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coty Operating Lease Right Of Use Asset Accumulated Depreciation
OperatingLeaseRightOfUseAssetAccumulatedDepreciation
48000000.0 usd
us-gaap Provision For Doubtful Accounts
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us-gaap Pension And Other Postretirement Benefit Expense
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us-gaap Pension And Other Postretirement Benefit Expense
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us-gaap Share Based Compensation
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us-gaap Share Based Compensation
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coty Gains Loss On Disposition Of Noncurrent Assets
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coty Gains Loss On Disposition Of Noncurrent Assets
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us-gaap Equity Securities Fv Ni Gain Loss
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us-gaap Equity Securities Fv Ni Gain Loss
EquitySecuritiesFvNiGainLoss
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us-gaap Foreign Currency Transaction Gain Loss Before Tax
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us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
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us-gaap Unrealized Gain Loss On Derivatives
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us-gaap Unrealized Gain Loss On Derivatives
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us-gaap Other Noncash Income Expense
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us-gaap Other Noncash Income Expense
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us-gaap Increase Decrease In Accounts Receivable
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us-gaap Increase Decrease In Accounts Receivable
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us-gaap Increase Decrease In Inventories
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us-gaap Increase Decrease In Inventories
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us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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us-gaap Increase Decrease In Accounts Payable
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us-gaap Increase Decrease In Accounts Payable
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us-gaap Increase Decrease In Accrued Liabilities
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us-gaap Increase Decrease In Accrued Liabilities
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coty Increase Decrease Operating Lease Liabilities
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coty Increase Decrease Operating Lease Liabilities
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us-gaap Increase Decrease In Accrued Taxes Payable
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us-gaap Increase Decrease In Accrued Taxes Payable
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us-gaap Increase Decrease In Other Noncurrent Assets
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us-gaap Increase Decrease In Other Noncurrent Assets
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us-gaap Increase Decrease In Other Noncurrent Liabilities
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us-gaap Increase Decrease In Other Noncurrent Liabilities
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us-gaap Net Cash Provided By Used In Operating Activities
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us-gaap Net Cash Provided By Used In Operating Activities
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us-gaap Payments To Acquire Productive Assets
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us-gaap Payments To Acquire Productive Assets
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coty Proceeds From License Termination Contingent Consideration And Sale Of Other Long Term Assets
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coty Proceeds From License Termination Contingent Consideration And Sale Of Other Long Term Assets
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us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Proceeds From Long Term Lines Of Credit
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us-gaap Proceeds From Long Term Lines Of Credit
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us-gaap Repayments Of Long Term Lines Of Credit
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us-gaap Repayments Of Long Term Lines Of Credit
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us-gaap Proceeds From Issuance Of Other Long Term Debt
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us-gaap Proceeds From Issuance Of Other Long Term Debt
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us-gaap Repayments Of Medium Term Notes
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us-gaap Repayments Of Medium Term Notes
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coty Proceeds From Issuance Of Global Offering Net Of Offering Costs
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coty Proceeds From Issuance Of Global Offering Net Of Offering Costs
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us-gaap Payments Of Ordinary Dividends
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us-gaap Payments Of Ordinary Dividends
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us-gaap Proceeds From Issuance Of Common Stock
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13100000 usd
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
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CY2024Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
3400000 usd
CY2023Q1 us-gaap Effective Income Tax Rate Continuing Operations
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us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
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coty Proceeds From Payments For Derivative Instrument Financing Activities
ProceedsFromPaymentsForDerivativeInstrumentFinancingActivities
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coty Proceeds From Payments For Derivative Instrument Financing Activities
ProceedsFromPaymentsForDerivativeInstrumentFinancingActivities
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coty Settlement And Other Payments Related To Forward Repurchase Contracts
SettlementAndOtherPaymentsRelatedToForwardRepurchaseContracts
234000000.0 usd
coty Settlement And Other Payments Related To Forward Repurchase Contracts
SettlementAndOtherPaymentsRelatedToForwardRepurchaseContracts
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us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
18100000 usd
us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
17400000 usd
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
40400000 usd
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
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us-gaap Proceeds From Payments For Other Financing Activities
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us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-16100000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
13200000 usd
CY2023Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
283800000 usd
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
263800000 usd
CY2024Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
286200000 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
277000000.0 usd
us-gaap Interest Paid Net
InterestPaidNet
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us-gaap Interest Paid Net
InterestPaidNet
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us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
121400000 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
45800000 usd
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
85600000 usd
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
93100000 usd
coty Non Cash Exchange Of Forward Repurchase Contracts For Treasury Stock
NonCashExchangeOfForwardRepurchaseContractsForTreasuryStock
150600000 usd
coty Non Cash Exchange Of Forward Repurchase Contracts For Treasury Stock
NonCashExchangeOfForwardRepurchaseContractsForTreasuryStock
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 2024” refer to the fiscal year ending June 30, 2024.
us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
24300000 usd
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.221
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219000000.0 usd
CY2023Q2 us-gaap Unrecognized Tax Benefits
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235500000 usd
CY2024Q1 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
174500000 usd
CY2024Q1 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
26000000.0 usd
CY2023Q2 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
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us-gaap Use Of Estimates
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<div style="margin-bottom:6pt;margin-top:6pt"><span style="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="margin-bottom:6pt;margin-top:6pt;text-indent:18pt"><span style="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 net realizable value of inventory, the fair value of equity investments, the assessment of goodwill, other intangible assets and long-lived assets for </span></div><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">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 will be reflected in the Condensed Consolidated Financial Statements in future periods.</span></div>
CY2024Q1 us-gaap Effective Income Tax Rate Continuing Operations
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CY2023Q1 us-gaap Effective Income Tax Rate Continuing Operations
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us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
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us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.221
CY2024Q1 us-gaap Effective Income Tax Rate Continuing Operations
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CY2024Q1 us-gaap Unrecognized Tax Benefits Period Increase Decrease
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8500000 usd
CY2024Q1 coty Unrecognized Tax Benefits Liability Including Income Tax Penaltiesand Interest Accrued
UnrecognizedTaxBenefitsLiabilityIncludingIncomeTaxPenaltiesandInterestAccrued
210200000 usd
CY2023Q2 coty Unrecognized Tax Benefits Liability Including Income Tax Penaltiesand Interest Accrued
UnrecognizedTaxBenefitsLiabilityIncludingIncomeTaxPenaltiesandInterestAccrued
218600000 usd
CY2024Q1 coty Income Tax Examination Penalties And Interest Expense Benefit Accrual Release
IncomeTaxExaminationPenaltiesAndInterestExpenseBenefitAccrualRelease
0.0 usd
CY2023Q1 coty Income Tax Examination Penalties And Interest Expense Benefit Accrual Release
IncomeTaxExaminationPenaltiesAndInterestExpenseBenefitAccrualRelease
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coty Income Tax Examination Penalties And Interest Expense Benefit Accrual Release
IncomeTaxExaminationPenaltiesAndInterestExpenseBenefitAccrualRelease
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coty Income Tax Examination Penalties And Interest Expense Benefit Accrual Release
IncomeTaxExaminationPenaltiesAndInterestExpenseBenefitAccrualRelease
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CY2024Q1 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
35100000 usd
CY2023Q2 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
33100000 usd
CY2024Q1 us-gaap Decrease In Unrecognized Tax Benefits Is Reasonably Possible
DecreaseInUnrecognizedTaxBenefitsIsReasonablyPossible
32200000 usd
CY2024Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1385600000 usd
CY2023Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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CY2024Q1 us-gaap Operating Income Loss
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CY2023Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
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us-gaap Operating Income Loss
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us-gaap Operating Income Loss
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CY2024Q1 us-gaap Operating Income Loss
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CY2023Q1 us-gaap Operating Income Loss
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us-gaap Operating Income Loss
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us-gaap Operating Income Loss
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CY2023Q1 us-gaap Interest Income Expense Net
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us-gaap Interest Income Expense Net
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us-gaap Interest Income Expense Net
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CY2024Q1 us-gaap Other Nonoperating Income Expense
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us-gaap Other Nonoperating Income Expense
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us-gaap Other Nonoperating Income Expense
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CY2024Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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CY2023Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
626000000.0 usd
CY2024Q1 us-gaap Restructuring Charges
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CY2023Q1 us-gaap Restructuring Charges
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us-gaap Restructuring Charges
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us-gaap Restructuring Charges
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CY2024Q1 us-gaap Inventory Raw Materials Net Of Reserves
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CY2023Q2 us-gaap Inventory Raw Materials Net Of Reserves
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224100000 usd
CY2024Q1 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
14300000 usd
CY2023Q2 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
15600000 usd
CY2024Q1 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
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CY2023Q2 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
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CY2024Q1 us-gaap Inventory Net
InventoryNet
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CY2023Q2 us-gaap Inventory Net
InventoryNet
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CY2024Q1 coty Equity Method Investments And Equity Securities Fvni Noncurrent
EquityMethodInvestmentsAndEquitySecuritiesFVNINoncurrent
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CY2023Q2 coty Equity Method Investments And Equity Securities Fvni Noncurrent
EquityMethodInvestmentsAndEquitySecuritiesFVNINoncurrent
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CY2023Q2 us-gaap Goodwill Gross
GoodwillGross
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CY2023Q2 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
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CY2023Q2 us-gaap Goodwill
Goodwill
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us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
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CY2024Q1 us-gaap Goodwill Gross
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CY2024Q1 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
4040100000 usd
CY2024Q1 us-gaap Goodwill
Goodwill
3965100000 usd
CY2024Q1 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
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CY2023Q2 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
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CY2023Q2 us-gaap Finite Lived Intangible Assets Net
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CY2024Q1 us-gaap Intangible Assets Net Excluding Goodwill
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CY2023Q2 us-gaap Intangible Assets Net Excluding Goodwill
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CY2023Q2 coty Indefinite Lived Intangible Assets Excluding Goodwill Gross
IndefiniteLivedIntangibleAssetsExcludingGoodwillGross
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CY2023Q2 coty Accumulated Impairmentof Intangible Assets Indefinitelived Excluding Goodwill
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CY2023Q2 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
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us-gaap Indefinite Lived Intangible Assets Foreign Currency Translation Gain Loss
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CY2024Q1 coty Indefinite Lived Intangible Assets Excluding Goodwill Gross
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CY2024Q1 coty Accumulated Impairmentof Intangible Assets Indefinitelived Excluding Goodwill
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CY2024Q1 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
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CY2023Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
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CY2023Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
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CY2023Q2 coty Finite Lived Intangible Assets Accumulated Impairment
FiniteLivedIntangibleAssetsAccumulatedImpairment
25600000 usd
CY2023Q2 us-gaap Finite Lived Intangible Assets Net
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2847200000 usd
CY2024Q1 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
4879100000 usd
CY2024Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
2168500000 usd
CY2024Q1 coty Finite Lived Intangible Assets Accumulated Impairment
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CY2024Q1 us-gaap Finite Lived Intangible Assets Net
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CY2024Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
48500000 usd
CY2023Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
48200000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
145400000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
143100000 usd
CY2024Q1 us-gaap Operating Lease Cost
OperatingLeaseCost
18800000 usd
CY2023Q1 us-gaap Operating Lease Cost
OperatingLeaseCost
19000000.0 usd
us-gaap Operating Lease Cost
OperatingLeaseCost
56600000 usd
us-gaap Operating Lease Cost
OperatingLeaseCost
57500000 usd
CY2024Q1 us-gaap Short Term Lease Cost
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1200000 usd
CY2023Q1 us-gaap Short Term Lease Cost
ShortTermLeaseCost
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us-gaap Short Term Lease Cost
ShortTermLeaseCost
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us-gaap Short Term Lease Cost
ShortTermLeaseCost
600000 usd
CY2024Q1 us-gaap Variable Lease Cost
VariableLeaseCost
11500000 usd
CY2023Q1 us-gaap Variable Lease Cost
VariableLeaseCost
10800000 usd
us-gaap Variable Lease Cost
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