Coty (COTY) 10-Q 8 Feb 19 2019 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Dec. 31, 2018	Feb. 01, 2019
Document and Entity Information [Abstract]
Entity Registrant Name	COTY INC.
Document Type	10-Q
Current Fiscal Year End Date	--06-30
Entity Common Stock, Shares Outstanding		751,256,879
Amendment Flag	false
Entity Central Index Key	1,024,305
Entity Filer Category	Large Accelerated Filer
Document Period End Date	Dec. 31, 2018
Document Fiscal Year Focus	2,019
Document Fiscal Period Focus	Q2
Entity Emerging Growth	false
Entity Small Business	false

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Millions, $ in Millions	3 Months Ended		6 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2018	Dec. 31, 2017
Income Statement [Abstract]
Net revenues	$ 2,511.2	$ 2,637.6	$ 4,542.5	$ 4,875.9
Cost of sales	956.7	1,024.9	1,765.8	1,899.1
Gross profit	1,554.5	1,612.7	2,776.7	2,976.8
Selling, general and administrative expenses	1,284	1,319.2	2,406.3	2,510.3
Amortization expense	88.5	89.6	181	167.8
Restructuring costs	21.5	21.7	37	32.9
Acquisition-related costs	0	7	0	61.1
Asset impairment charges	965.1	0	977.7	0
Operating (loss) income	(804.6)	175.2	(825.3)	204.7
Interest expense, net	68.3	60.3	132.4	126.7
Other expense, net	4.8	4.2	7.5	8.7
(Loss) income before income taxes	(877.7)	110.7	(965.2)	69.3
Provision (benefit) for income taxes	78.3	(7.9)	0.9	(33.2)
Net (loss) income	(956)	118.6	(966.1)	102.5
Net income (loss) attributable to noncontrolling interests	0.6	(1.9)	1.8	(4.1)
Net income attributable to redeemable noncontrolling interests	4	11.3	4.8	17.1
Net (loss) income attributable to Coty Inc.	$ (960.6)	$ 109.2	$ (972.7)	$ 89.5
Net (loss) income attributable to Coty Inc. per common share:
Basic (in usd per share)	$ (1.28)	$ 0.15	$ (1.30)	$ 0.12
Diluted (in usd per share)	$ (1.28)	$ 0.15	$ (1.30)	$ 0.12
Weighted-average common shares outstanding:
Basic (in shares)	751.1	749.6	751	749.1
Diluted (in shares)	751.1	752.7	751	752.5

CONDENSED CONSOLIDATED STATEM_2

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2018	Dec. 31, 2017
Statement of Comprehensive Income [Abstract]
Net (loss) income	$ (956)	$ 118.6	$ (966.1)	$ 102.5
Other comprehensive (loss) income:
Foreign currency translation adjustment	(60)	32	(108.9)	271.1
Net unrealized derivative gain (loss) on cash flow hedges, net of taxes of $5.8 and $(3.9), and $5.5 and $(4.0) during the three and six months ended, respectively	(18.7)	7.4	(17.7)	7.3
Pension and other post-employment benefits adjustment, net of tax of $(1.9) and $0.0, and $(1.4) and $0.0 during the three and six months ended, respectively	1.5	0.9	1.6	1.6
Total other comprehensive (loss) income, net of tax	(77.2)	40.3	(125)	280
Comprehensive (loss) income	(1,033.2)	158.9	(1,091.1)	382.5
Comprehensive income (loss) attributable to noncontrolling interests:
Net income (loss)	0.6	(1.9)	1.8	(4.1)
Foreign currency translation adjustment	0	(0.1)	0.2	0.5
Total comprehensive income (loss) attributable to noncontrolling interests	0.6	(2)	2	(3.6)
Comprehensive income attributable to redeemable noncontrolling interests:
Net income attributable to redeemable noncontrolling interests	4	11.3	4.8	17.1
Foreign currency translation adjustment	0	0	0	0
Total comprehensive income attributable to redeemable noncontrolling interests	4	11.3	4.8	17.1
Comprehensive (loss) income attributable to Coty Inc.	$ (1,037.8)	$ 149.6	$ (1,097.9)	$ 369

CONDENSED CONSOLIDATED STATEM_3

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (Parentheticals) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2018	Dec. 31, 2017
Statement of Comprehensive Income [Abstract]
Change in derivative gains on cash flow hedges, tax expense (benefit)	$ 5.8	$ (3.9)	$ 5.5	$ (4)
Pension and other post-employment benefits (losses), tax expense (benefit)	$ (1.9)	$ 0	$ (1.4)	$ 0

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Dec. 31, 2018	Jun. 30, 2018
Current assets:
Cash and cash equivalents	$ 417.5	$ 331.6
Restricted cash	27.5	30.6
Trade receivables—less allowances of $72.8 and $81.8, respectively	1,542.7	1,536
Inventories	1,164.6	1,148.9
Prepaid expenses and other current assets	562.1	603.9
Total current assets	3,714.4	3,651
Property and equipment, net	1,625.7	1,680.8
Goodwill	7,665	8,607.1
Other intangible assets, net	7,929.4	8,284.4
Deferred income taxes	182.7	107.4
Other noncurrent assets	153.5	299.5
TOTAL ASSETS	21,270.7	22,630.2
Current liabilities:
Accounts payable	1,818.9	1,928.6
Accrued expenses and other current liabilities	1,738.8	1,844.4
Short-term debt and current portion of long-term debt	255.7	218.9
Income and other taxes payable	51.6	52.1
Total current liabilities	3,865	4,044
Long-term debt, net	7,560.9	7,305.4
Pension and other post-employment benefits	519.6	533.3
Deferred income taxes	840.6	842.5
Other noncurrent liabilities	385.7	388.5
Total liabilities	13,171.8	13,113.7
COMMITMENTS AND CONTINGENCIES (See Note 18)
REDEEMABLE NONCONTROLLING INTERESTS	487.6	661.3
EQUITY:
Preferred Stock, $0.01 par value; 20.0 shares authorized, 5.0 and 5.0 issued and 1.9 and 5.0 outstanding, respectively, at December 31, 2018 and June 30, 2018	0	0
Class A Common Stock, $0.01 par value; 1,000.0 shares authorized, 816.2 and 815.8 issued and 751.2 and 750.7 outstanding, respectively, at December 31, 2018 and June 30, 2018	8.1	8.1
Additional paid-in capital	10,734.9	10,750.8
Accumulated deficit	(1,729.7)	(626.2)
Accumulated other comprehensive income	33.6	158.8
Treasury stock—at cost, shares: 65.0 at December 31, 2018 and June 30, 2018	(1,441.8)	(1,441.8)
Total Coty Inc. stockholders’ equity	7,605.1	8,849.7
Noncontrolling interests	6.2	5.5
Total equity	7,611.3	8,855.2
TOTAL LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS AND EQUITY	$ 21,270.7	$ 22,630.2

CONDENSED CONSOLIDATED BALANC_2

CONDENSED CONSOLIDATED BALANCE SHEETS (Parentheticals) - USD ($) $ in Millions	Dec. 31, 2018	Jun. 30, 2018
Statement of Financial Position [Abstract]
Trade receivables, allowances	$ 72.8	$ 81.8
Preferred stock, par value (in Dollars per share)	$ 0.01	$ 0.01
Preferred stock, shares authorized (in shares)	20,000,000	20,000,000
Preferred stock, shares issued (in shares)	5,000,000	5,000,000
Preferred stock, shares outstanding (in shares)	1,900,000	5,000,000
Common stock, par value (in Dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	1,000,000,000	1,000,000,000
Common stock, shares issued (in shares)	816,200,000	815,800,000
Common stock, shares outstanding (in shares)	751,200,000	750,700,000
Treasury stock, at cost, shares (in shares)	65,000,000	65,000,000

CONDENSED CONSOLIDATED STATEM_4

CONDENSED CONSOLIDATED STATEMENTS OF EQUITY AND REDEEMABLE NONCONTROLLING INTERESTS - USD ($) shares in Millions, $ in Millions	Total	Preferred Stock	Common StockClass A Common Stock	Additional Paid-in Capital	(Accumulated Deficit)	Accumulated Other Comprehensive Income (Loss)	Treasury Stock	Total Coty Inc. Stockholders’ Equity	Noncontrolling Interests	As Previously Reported	As Previously ReportedPreferred Stock	As Previously ReportedCommon StockClass A Common Stock	As Previously ReportedAdditional Paid-in Capital	As Previously Reported(Accumulated Deficit)	As Previously ReportedAccumulated Other Comprehensive Income (Loss)	As Previously ReportedTreasury Stock	As Previously ReportedTotal Coty Inc. Stockholders’ Equity	As Previously ReportedNoncontrolling Interests	As Adjusted	As AdjustedPreferred Stock	As AdjustedCommon StockClass A Common Stock	As AdjustedAdditional Paid-in Capital	As Adjusted(Accumulated Deficit)	As AdjustedAccumulated Other Comprehensive Income (Loss)	As AdjustedTreasury Stock	As AdjustedTotal Coty Inc. Stockholders’ Equity	As AdjustedNoncontrolling Interests
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Adjustment due to the adoption of ASU | Accounting Standards Update 2016-09	$ 8.3				$ 8.3			$ 8.3
Balance, beginning of period (in shares) at Jun. 30, 2017		4.2	812.9				65				4.2	812.9				65
Balance, beginning of period at Jun. 30, 2017	9,326	$ 0	$ 8.1	$ 11,203.2	(450.9)	$ 4.4	$ (1,441.8)	9,323	$ 3	$ 9,317.7	$ 0	$ 8.1	$ 11,203.2	$ (459.2)	$ 4.4	$ (1,441.8)	$ 9,314.7	$ 3
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Exercise of employee stock options and restricted stock units (in shares)			1.5
Exercise of employee stock options and restricted stock units	11.2		$ 0	11.2				11.2
Shares withheld for employee taxes	(3.1)			(3.1)				(3.1)
Share-based compensation expense	8.1			8.1				8.1
Dividends ($0.125 per Common Share)	(94.3)			(94.3)				(94.3)
Net income (loss)	(21.9)				(19.7)			(19.7)	(2.2)
Other comprehensive loss	239.7					239.1		239.1	0.6
Distribution of redeemable noncontrolling interest due to additional contribution	17			17				17
Adjustment of redeemable noncontrolling interests to redemption value	(29)			(29)				(29)
Balance, end of period (in shares) at Sep. 30, 2017		4.2	814.4				65
Balance, end of period at Sep. 30, 2017	9,453.7	$ 0	$ 8.1	11,113.1	(470.6)	243.5	$ (1,441.8)	9,452.3	1.4
Balance, beginning of period at Jun. 30, 2017	551.1									551.1
Redeemable Noncontrolling Interests
Net income (loss)	5.8
Distribution to noncontrolling interests, net	(6.4)
Dilution of redeemable noncontrolling interest due to additional contribution	(17)
Adjustment of redeemable noncontrolling interests to redemption value	29
Balance, end of period at Sep. 30, 2017	562.5
Balance, beginning of period (in shares) at Jun. 30, 2017		4.2	812.9				65				4.2	812.9				65
Balance, beginning of period at Jun. 30, 2017	9,326	$ 0	$ 8.1	11,203.2	(450.9)	4.4	$ (1,441.8)	9,323	3	9,317.7	$ 0	$ 8.1	11,203.2	(459.2)	4.4	$ (1,441.8)	9,314.7	3
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Other comprehensive loss	280
Balance, end of period (in shares) at Dec. 31, 2017		5.2	814.8				65
Balance, end of period at Dec. 31, 2017	9,428.5	$ 0	$ 8.1	10,940.3	(361.4)	283.9	$ (1,441.8)	9,429.1	(0.6)
Balance, beginning of period at Jun. 30, 2017	551.1									551.1
Balance, end of period at Dec. 31, 2017	638.3
Balance, beginning of period (in shares) at Sep. 30, 2017		4.2	814.4				65
Balance, beginning of period at Sep. 30, 2017	9,453.7	$ 0	$ 8.1	11,113.1	(470.6)	243.5	$ (1,441.8)	9,452.3	1.4
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issuance of Preferred Stock (in shares)		1
Exercise of employee stock options and restricted stock units (in shares)			0.4
Exercise of employee stock options and restricted stock units	2.5			2.5				2.5
Shares withheld for employee taxes	(0.3)			(0.3)				(0.3)
Share-based compensation expense	9			9				9
Dividends ($0.125 per Common Share)	(94.4)			(94.4)				(94.4)
Net income (loss)	107.3				109.2			109.2	(1.9)
Other comprehensive loss	40.3					40.4		40.4	(0.1)
Additional redeemable noncontrolling interests due to employee grants (See Note 17)	(8.3)			(8.3)				(8.3)
Adjustment of redeemable noncontrolling interests to redemption value	(81.3)			(81.3)				(81.3)
Balance, end of period (in shares) at Dec. 31, 2017		5.2	814.8				65
Balance, end of period at Dec. 31, 2017	9,428.5	$ 0	$ 8.1	10,940.3	(361.4)	283.9	$ (1,441.8)	9,429.1	(0.6)
Balance, beginning of period at Sep. 30, 2017	562.5
Redeemable Noncontrolling Interests
Net income (loss)	11.3
Distribution to noncontrolling interests, net	(25.3)
Additional redeemable noncontrolling interests due to employee grants	8.3
Proceeds from noncontrolling interests	0.2
Adjustment of redeemable noncontrolling interests to redemption value	81.3
Balance, end of period at Dec. 31, 2017	638.3
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Adjustment due to the adoption of ASU | Accounting Standards Update 2016-16																			$ (112.6)				$ (112.6)			$ (112.6)
Adjustment due to the adoption of ASU | Accounting Standards Update 2014-09																			(18.2)				(18.2)			(18.2)
Balance, beginning of period (in shares) at Jun. 30, 2018											5	815.8				65				5	815.8				65
Balance, beginning of period at Jun. 30, 2018	8,855.2					158.8				8,855.2	$ 0	$ 8.1	10,750.8	(626.2)	158.8	$ (1,441.8)	8,849.7	5.5	8,724.4	$ 0	$ 8.1	$ 10,750.8	(757)	$ 158.8	$ (1,441.8)	8,718.9	$ 5.5
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Exercise of employee stock options and restricted stock units (in shares)			0
Exercise of employee stock options and restricted stock units	0.7		$ 0	0.7				0.7
Share-based compensation expense	6.4			6.4				6.4
Dividends ($0.125 per Common Share)	(94)			(94)				(94)
Net income (loss)	(10.9)				(12.1)			(12.1)	1.2
Other comprehensive loss	(47.8)					(48)		(48)	0.2
Distribution to noncontrolling interests, net	(1.3)								(1.3)
Additional redeemable noncontrolling interests due to employee grants (See Note 17)	(1.6)			(1.6)				(1.6)
Adjustment of redeemable noncontrolling interests to redemption value	37.2			37.2				37.2
Balance, end of period (in shares) at Sep. 30, 2018		5	815.8				65
Balance, end of period at Sep. 30, 2018	8,613.1	$ 0	$ 8.1	10,699.5	(769.1)	110.8	$ (1,441.8)	8,607.5	5.6
Balance, beginning of period at Jun. 30, 2018										661.3									661.3
Redeemable Noncontrolling Interests
Net income (loss)	0.8
Distribution to noncontrolling interests, net	(4.3)
Additional redeemable noncontrolling interests due to employee grants	1.6
Adjustment of redeemable noncontrolling interests to redemption value	(37.2)
Balance, end of period at Sep. 30, 2018	622.2
Balance, beginning of period (in shares) at Jun. 30, 2018											5	815.8				65				5	815.8				65
Balance, beginning of period at Jun. 30, 2018	8,855.2					158.8				8,855.2	$ 0	$ 8.1	$ 10,750.8	$ (626.2)	$ 158.8	$ (1,441.8)	$ 8,849.7	$ 5.5	8,724.4	$ 0	$ 8.1	$ 10,750.8	$ (757)	$ 158.8	$ (1,441.8)	$ 8,718.9	$ 5.5
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Dividends ($0.125 per Common Share)				(188.4)
Other comprehensive loss	(125)
Additional redeemable noncontrolling interests due to employee grants (See Note 17)				(1.6)
Balance, end of period (in shares) at Dec. 31, 2018		1.9	816.2				65
Balance, end of period at Dec. 31, 2018	7,611.3	$ 0	$ 8.1	10,734.9	(1,729.7)	33.6	$ (1,441.8)	7,605.1	6.2
Balance, beginning of period at Jun. 30, 2018										$ 661.3									$ 661.3
Redeemable Noncontrolling Interests
Additional redeemable noncontrolling interests due to employee grants	1.6
Balance, end of period at Dec. 31, 2018	487.6
Balance, beginning of period (in shares) at Sep. 30, 2018		5	815.8				65
Balance, beginning of period at Sep. 30, 2018	8,613.1	$ 0	$ 8.1	10,699.5	(769.1)	110.8	$ (1,441.8)	8,607.5	5.6
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Cancellation of preferred stock (in shares)		(3.1)
Stock cancelled during period, amount		$ 0
Exercise of employee stock options and restricted stock units (in shares)			0.4
Exercise of employee stock options and restricted stock units	0.2		$ 0	0.2				0.2
Shares withheld for employee taxes	(1.3)			(1.3)				(1.3)
Share-based compensation expense	4.4			4.4				4.4
Dividends ($0.125 per Common Share)	(94.6)			(94.6)				(94.6)
Net income (loss)	(960)				(960.6)			(960.6)	0.6
Other comprehensive loss	(77.2)					(77.2)		(77.2)
Additional redeemable noncontrolling interests due to employee grants (See Note 17)				(1.6)
Adjustment of redeemable noncontrolling interests to redemption value	126.7			126.7				126.7
Balance, end of period (in shares) at Dec. 31, 2018		1.9	816.2				65
Balance, end of period at Dec. 31, 2018	7,611.3	$ 0	$ 8.1	$ 10,734.9	$ (1,729.7)	$ 33.6	$ (1,441.8)	$ 7,605.1	$ 6.2
Balance, beginning of period at Sep. 30, 2018	622.2
Redeemable Noncontrolling Interests
Net income (loss)	4
Distribution to noncontrolling interests, net	(11.9)
Additional redeemable noncontrolling interests due to employee grants	1.6
Adjustment of redeemable noncontrolling interests to redemption value	(126.7)
Balance, end of period at Dec. 31, 2018	$ 487.6

CONDENSED CONSOLIDATED STATEM_5

CONDENSED CONSOLIDATED STATEMENTS OF EQUITY AND REDEEMABLE NONCONTROLLING INTERESTS (Parentheticals) - $ / shares	3 Months Ended
	Dec. 31, 2018	Sep. 30, 2018	Dec. 31, 2017	Sep. 30, 2017
Statement of Stockholders' Equity [Abstract]
Dividends (in USD per share)	$ 0.125	$ 0.125	$ 0.125	$ 0.125

CONDENSED CONSOLIDATED STATEM_6

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Millions	6 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
CASH FLOWS FROM OPERATING ACTIVITIES:
Net (loss) income	$ (966.1)	$ 102.5
Adjustments to reconcile net (loss) income to net cash provided by operating activities:
Depreciation and amortization	367.7	350.5
Deferred income taxes	(55.9)	(75.1)
Provision for bad debts	9.4	9
Provision for pension and other post-employment benefits	18.2	22.2
Share-based compensation	8.2	16.2
Asset impairment charges	977.7	0
Non-cash restructuring charges	23.8	0.2
Other	26.4	(5.3)
Change in operating assets and liabilities, net of effects from purchase of acquired companies:
Trade receivables	(45.5)	(246.6)
Inventories	(35.2)	(22.2)
Prepaid expenses and other current assets	19.7	(47.6)
Accounts payable	(28.6)	18.7
Accrued expenses and other current liabilities	(87.4)	185.6
Income and other taxes payable	12.8	19.5
Other noncurrent assets	24.7	(14.9)
Other noncurrent liabilities	(32.2)	(4.9)
Net cash provided by operating activities	237.7	307.8
CASH FLOWS FROM INVESTING ACTIVITIES:
Capital expenditures	(259.3)	(232.2)
Payment for business combinations and asset acquisitions, net of cash acquired	(40.8)	(264.6)
Proceeds from sale of asset	0	2.8
Net cash used in investing activities	(300.1)	(494)
CASH FLOWS FROM FINANCING ACTIVITIES:
Net proceeds from short-term debt, original maturity less than three months	39.7	71.5
Proceeds from revolving loan facilities	1,076.6	1,437
Repayments of revolving loan facilities	(644.8)	(1,166.4)
Repayments of term loans and other long-term debt	(95.6)	(95.5)
Dividend payment	(188.4)	(188.1)
Net proceeds from issuance of Class A Common Stock and Series A Preferred Stock	0.9	13.7
Net proceeds from foreign currency contracts	2.4	8.2
Distributions to noncontrolling interests, redeemable noncontrolling interests and mandatorily redeemable financial instruments	(22.9)	(40)
Payment of debt issuance costs	(10.7)	(4)
All other	(3.5)	(3.2)
Net cash provided by financing activities	153.7	33.2
EFFECT OF EXCHANGE RATES ON CASH, CASH EQUIVALENTS AND RESTRICTED CASH	(8.5)	8
NET INCREASE (DECREASE) IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH	82.8	(145)
CASH, CASH EQUIVALENTS AND RESTRICTED CASH—Beginning of period	362.2	570.7
CASH, CASH EQUIVALENTS AND RESTRICTED CASH—End of period	445	425.7
SUPPLEMENTAL DISCLOSURE OF CASH FLOWS INFORMATION:
Cash paid during the period for interest	140.7	129.4
Cash received during the period for settlement of interest rate swaps (See Note 13)	43.2	0
Cash paid during the period for income taxes, net of refunds received	57.6	57.5
SUPPLEMENTAL DISCLOSURE OF NONCASH FINANCING AND INVESTING ACTIVITIES:
Accrued capital expenditure additions	83.3	72.6
Non-cash contingent consideration for business combination (see Note 5)	$ 0	$ 5

DESCRIPTION OF BUSINESS

DESCRIPTION OF BUSINESS	6 Months Ended
	Dec. 31, 2018
Accounting Policies [Abstract]
DESCRIPTION OF BUSINESS	DESCRIPTION OF BUSINESS Coty Inc. and its subsidiaries (collectively, the “Company” or “Coty”) manufacture, market, sell and distribute branded beauty products, including fragrances, color cosmetics, hair care products and skin & body related products throughout the world. Coty is a global beauty company with a rich entrepreneurial history and an iconic portfolio of brands. 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 2019 ” refer to the fiscal year ending June 30, 2019 . When used in this Quarterly Report on Form 10-Q, the term “includes” and “including” means, unless the context otherwise indicates, including without limitation. The Company’s sales generally increase during the second fiscal quarter as a result of increased demand associated with the holiday season. Financial performance, working capital requirements, sales, cash flows and borrowings generally experience variability during the three to six months preceding the holiday season. Product innovations, new product launches and the size and timing of orders from the Company’s customers may also result in variability. The Company also generally experiences an increase in sales during its fourth fiscal quarter in its Professional Beauty segment as a result of higher demand prior to the summer holiday season.

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	6 Months Ended
	Dec. 31, 2018
Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation The unaudited interim Condensed Consolidated Financial Statements are presented in accordance with accounting principles generally accepted in the United States of America (“GAAP”) for interim financial information and include the Company’s consolidated domestic and international subsidiaries. Certain information and disclosures normally included in consolidated financial statements prepared in accordance with GAAP have been condensed or omitted. Accordingly, these unaudited interim Condensed Consolidated Financial Statements and accompanying footnotes should be read in conjunction with the Company’s Consolidated Financial Statements as of and for the year ended June 30, 2018 . In the opinion of management, all adjustments, of a normal recurring nature, considered necessary for a fair presentation have been included in the Condensed Consolidated Financial Statements. The results of operations for the three and six months ended December 31, 2018 are not necessarily indicative of the results of operations to be expected for the full fiscal year ending June 30, 2019 . All dollar amounts (other than per share amounts) in the following discussion are in millions of United States (“U.S.”) dollars, unless otherwise indicated. Restricted Cash Restricted cash represents funds that are not readily available for general purpose cash needs due to contractual limitations. Restricted cash is classified as a current or long-term asset based on the timing and nature of when or how the cash is expected to be used or when the restrictions are expected to lapse. As of December 31, 2018 and June 30, 2018 , the Company had restricted cash of $27.5 and $30.6 , respectively, included in Restricted cash in the Condensed Consolidated Balance Sheets. The Restricted cash balance as of December 31, 2018 primarily provides collateral for certain bank guarantees on rent, customs and duty accounts. Restricted cash is included as a component of Cash, cash equivalents and restricted cash in the Condensed Consolidated Statement of Cash Flows. Use of Estimates 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, pension benefit costs, the assessment of goodwill, other intangible assets and long-lived assets for impairment, income taxes and the fair value of redeemable noncontrolling interests. 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. Tax Information The effective income tax rate for the three months ended December 31, 2018 and 2017 was (8.9)% and (7.1)% , respectively, and (0.1)% and (47.9)% for the six months ended December 31, 2018 and 2017 , respectively. The change in effective tax rate for the three and six months ended December 31, 2018 , as compared to the prior year periods, is primarily due to goodwill impairment recorded in the current periods that is not tax deductible. The effective income tax rates vary from the U.S. federal statutory rate of 21% due to the effect of (i) jurisdictions with different statutory rates, (ii) adjustments to the Company’s unrealized tax benefits (“UTBs”) and accrued interest, (iii) non-deductible expenses, (iv) audit settlements and (v) valuation allowance changes. On December 22, 2017, “H.R.1”, formerly known as the “Tax Cuts and Jobs Act” (“Tax Act”) was enacted. The Tax Act significantly revises the U.S. corporate income tax system by, amongst other things, reducing the federal tax rate on U.S. earnings to 21% , implementing a modified territorial tax system and imposing a one-time deemed repatriation tax on historical earnings generated by foreign subsidiaries that have not been repatriated to the U.S. On December 22, 2017, the Securities and Exchange Commission (the “SEC”) issued Staff Accounting Bulletin No. 118 (“SAB 118”) which provides guidance on accounting for the tax effects of the Tax Act. SAB 118 provides a measurement period that should not extend beyond one year from the enactment date of the Tax Act for companies to complete the accounting under ASC 740. The Company recorded its initial estimate of the impact of the Tax Act in fiscal 2018. This estimate was a charge of approximately $41.0 as a result of utilizing tax attributes (e.g., net operating losses and foreign tax credits) to fully offset the cash impact of the one-time deemed repatriation tax. During fiscal 2019, the Company finalized its estimate of the impact of the Tax Act and no additional adjustments were required. The Tax Act requires a U.S. shareholder of a foreign corporation to include in income its global intangible low-taxed income (“GILTI”). In general, GILTI is described as the excess of a U.S. shareholder’s total net foreign income over a deemed return on tangible assets. As a result of recently released Financial Accounting Standards Board (“FASB”) guidance, an entity may choose to recognize deferred taxes for temporary differences expected to reverse as GILTI in future years or an entity can elect to treat GILTI as a period cost and include it in the tax expense of the year it is incurred. As such, the Company has elected to treat the tax on GILTI as a tax expense in the year it is incurred rather than recognizing deferred taxes. The Company has estimated the impact from GILTI for fiscal 2019 to be immaterial. Additionally, the Tax Act created the Base Erosion Anti-Abuse Tax (“BEAT”), a new minimum tax on taxable income adjusted for certain base erosion payments. The Company does not presently expect that it will be subject to the minimum tax imposed by the BEAT provisions for fiscal 2019. As of December 31, 2018 and June 30, 2018 , the gross amount of UTBs was $317.6 and $303.6 , respectively. As of December 31, 2018 , the total amount of UTBs that, if recognized, would impact the effective income tax rate is $126.8 . As of December 31, 2018 and June 30, 2018 , the liability associated with UTBs, including accrued interest and penalties, was $142.5 and $135.4 , respectively, which was recorded in Income and other taxes payable and Other non-current liabilities in the Condensed Consolidated Balance Sheets. The total interest and penalties recorded in the Condensed Consolidated Statements of Operations related to UTBs was $1.5 and $1.0 for the three months ended December 31, 2018 and 2017 , respectively. The total gross accrued interest and penalties recorded in the Condensed Consolidated Balance Sheets as of December 31, 2018 and June 30, 2018 was $15.7 and $13.1 , respectively. On the basis of the information available as of December 31, 2018 , it is reasonably possible that a decrease of up to $25.4 in UTBs may occur within 12 months as a result of projected resolutions of global tax examinations and a potential lapse of the applicable statutes of limitations. Recently Adopted Accounting Pronouncements In May 2014, the FASB issued Accounting Standards Update (“ASU”) No. 2014-09, Revenue from Contracts with Customers (Topic 606) , which implements a common revenue model that will enhance comparability across industries and require enhanced disclosures. The Company adopted this new standard on July 1, 2018. See Note 3 — Revenue Recognition for more information on the effects of the adoption of this standard. In October 2016, the FASB issued ASU No. 2016-16, Income Taxes (Topic 740): Intra-Entity Transfers of Assets Other Than Inventory, which requires entities to recognize the income tax consequences of an intra-entity transfer of an asset, other than inventory, when the transfer occurs. The Company adopted the standard in the first quarter of fiscal 2019 using the modified retrospective transition method and recognized tax expense, as an adjustment to the July 1, 2018 accumulated deficit balance of $7.6 and $120.8 that were previously deferred in Prepaid expenses and other current assets and Other noncurrent assets, respectively. The recognition of this tax expense was partially offset by a previously unrecognized deferred tax asset of $15.8 , resulting in a cumulative-effect adjustment of $112.6 as an increase to the July 1, 2018 accumulated deficit balance. In January 2017, the FASB issued ASU No. 2017-01, Business Combinations (Topic 805): Clarifying the Definition of a Business, which provides an updated model for determining if acquired assets and liabilities constitute a business. In a business combination, the acquired assets and liabilities are recognized at fair value and goodwill could be recognized. In an asset acquisition, the assets are allocated value based on relative fair value and no goodwill is recognized. The ASU narrows the definition of a business. The Company adopted the standard in the first quarter of fiscal 2019 on a prospective basis. The adoption of this guidance did not have an impact on the Company’s Condensed Consolidated Financial Statements. In January 2017, the FASB issued ASU No. 2017-04, Intangibles — Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment , which simplifies the subsequent measurement of goodwill by eliminating step two from the goodwill impairment test. The Company early adopted the ASU during the first quarter of fiscal 2019. As of July 1, 2018, the adoption of this guidance did not have a material impact on the Company’s Condensed Consolidated Financial Statements. In March 2017, the FASB issued ASU No. 2017-07, Compensation — Retirement Benefits (Topic 715): Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost (“ASU No. 2017-07”), which requires employers to report the service cost component of net periodic benefit cost in the same line item or items as other compensation costs arising from services rendered by the underlying employees during the period. The other components of net periodic benefit cost are required to be reported separately and outside of operating income. In addition, only the service cost component would be eligible for capitalization in assets. The new guidance also allows a practical expedient that permits employers to use the amounts disclosed in its pension and other postretirement benefit plan note for the prior comparative periods as the estimation basis for applying the retrospective presentation requirements. The Company adopted this standard during the first quarter of fiscal 2019 and retrospectively applied it to each prior period presented. In doing so, as a practical expedient, the Company used the prior comparative period Employee Benefit Plans footnote (see Note 12 ). The following table presents our results under our historical method of accounting and as adjusted to reflect our adoption of ASU No. 2017-07: Three Months Ended Six Months Ended As Previously Reported Effect of Adoption of ASU No. 2017-07 As Adjusted As Previously Reported Effect of Adoption of ASU No. 2017-07 As Adjusted Cost of sales $ 1,025.0 $ (0.1 ) $ 1,024.9 $ 1,899.3 $ (0.2 ) $ 1,899.1 Selling, general and administrative expenses 1,319.9 (0.7 ) 1,319.2 2,511.7 (1.4 ) 2,510.3 Operating income 174.4 0.8 175.2 203.1 1.6 204.7 Other expense, net 3.4 0.8 4.2 7.1 1.6 8.7 Net income 118.6 — 118.6 102.5 — 102.5 In May 2017, the FASB issued ASU No. 2017-09, Compensation — Stock Compensation (Topic 718): Scope of Modification Accounting, which narrows the scope of changes in grant terms that would require modification accounting. The Company adopted this standard during the first quarter of fiscal 2019 on a prospective basis. The adoption did not have an effect on the Company’s Condensed Consolidated Financial Statements. In August 2018, the FASB issued ASU No. 2018-15, Intangibles — Goodwill and Other — Internal-Use Software (Subtopic 350-40) , which aligns the requirements for capitalizing implementation costs incurred in a hosting arrangement that is a service contract with the requirements for capitalizing implementation costs incurred to develop or obtain internal-use software (and hosting arrangements that include an internal-use software license). The Company adopted the standard in the first quarter of fiscal 2019 on a prospective basis. The adoption of this guidance did not have a material impact on the Company’s Condensed Consolidated Financial Statements. Recently Issued Accounting Pronouncements In August 2018, the FASB issued ASU No. 2018-14, Compensation—Retirement Benefits—Defined Benefit Plans—General (Subtopic 715-20): Disclosure Framework—Changes to the Disclosure Requirements for Defined Benefit Plans , which modified the disclosure requirements by removing, modifying and clarifying disclosures related to defined benefit plans. The amendment will be effective for the Company in fiscal 2021 with early adoption permitted. The Company is evaluating the impact this guidance will have on the Company’s Condensed Consolidated Financial Statements and related disclosures. In August 2018, the FASB issued ASU No. 2018-13, Fair Value Measurement (Topic 820): Disclosure Framework—Changes to the Disclosure Requirements for Fair Value Measurement , which modified the disclosure requirements by removing, modifying and adding disclosures related to fair value measurements. The amendment will be effective for the Company in fiscal 2021 with early adoption permitted. The Company is evaluating the impact this guidance will have on the Company’s Condensed Consolidated Financial Statements and related disclosures. In June 2016, the FASB issued ASU No. 2016-13, Financial Instruments-Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments (“ASU No. 2016-13”), which requires that a financial asset (or a group of financial assets) measured at an amortized cost basis be presented at the net amount expected to be collected. This approach to estimating credit losses applies to most financial assets measured at amortized cost and certain other instruments, including but not limited to, trade and other receivables. In November 2018, the FASB issued ASU No. 2018-19, Codification Improvements to Topic 326, Financial Instruments-Credit Losses , which clarifies the scope of the guidance in ASU No. 2016-13. The amendment will be effective for the Company in fiscal 2021 with early adoption permitted. The Company is evaluating the impact this guidance will have on the Company’s Condensed Consolidated Financial Statements and related disclosures. In February 2016, the FASB issued ASU No. 2016-02, Leases (Topic 842) , which requires that a lessee recognize the assets and liabilities that arise from operating leases. A lessee should recognize in its balance sheet a liability to make lease payments (the lease liability) and a right-of-use asset representing its right to use the underlying asset for the lease term. For leases with a term of 12 months or less, a lessee is permitted to make an accounting policy election by class of underlying asset not to recognize lease assets and lease liabilities. Lessees and lessors have the option to recognize and measure leases at the beginning of the earliest period presented using a modified retrospective approach or to initially apply the new leases standard at the adoption date and recognize a cumulative-effect adjustment to the opening balance of retained earnings in the period of adoption. The amendment will be effective for the Company in fiscal 2020 with early adoption permitted. The Company has selected the transition method provided by the authoritative guidance in ASU No. 2018-11, Leases (Topic 842) , and will recognize a cumulative-effect adjustment to the opening balance of retained earnings in the period of adoption. The Company has an implementation team in place that is performing a comprehensive evaluation of the impact the standard will have on the Company’s Condensed Consolidated Financial Statements and related disclosures. The evaluation includes assessing the Company’s lease portfolio, the implementation of new software to meet reporting requirements and the impact to business processes. In December 2018, the FASB issued ASU No. 2018-20, Leases (Topic 842): Narrow-Scope Improvements for Lessors , which provides lessors the election to consider certain sales and similar taxes as lessee costs and exclude them from consideration in the contract, requires lessors to exclude certain lessor costs paid directly to third parties from expenses and related revenues, and requires the allocation of certain variable payments to the lease and nonlease components when changes in facts and circumstances related to the payments occur. The amendment will be effective for the Company in fiscal 2020 with early adoption permitted. The Company is evaluating the impact this guidance will have on the Company’s Condensed Consolidated Financial Statements and related disclosures.

REVENUE RECOGNITION

REVENUE RECOGNITION	6 Months Ended
	Dec. 31, 2018
Revenue from Contract with Customer [Abstract]
Revenue Recognition	REVENUE RECOGNITION Adoption of ASC 606, Revenue from Contracts with Customers On July 1, 2018, the Company adopted ASC 606, Revenue from Contracts with Customers and all related amendments (the “New Revenue Standard”) using the modified retrospective method applied to those contracts which were not completed as of July 1, 2018. Results for reporting periods beginning after July 1, 2018 are presented under the New Revenue Standard, while prior period amounts are not adjusted and continue to be reported in accordance with the Company’s historic accounting under ASC 605, Revenue Recognition . The Company recorded a net increase to its accumulated deficit as of July 1, 2018 (as presented below) due to the cumulative impact of adopting the New Revenue Standard, with the impact primarily related to the timing of accrual for certain customer incentives and markdowns at the time of sell-in and reclassification of certain marketing fixtures expense as a reduction of gross revenue. The cumulative effects of the revenue accounting changes on the Company's Condensed Consolidated Balance Sheet as of July 1, 2018 were as follows: June 30, 2018 Adjustments July 1, 2018 ASSETS Property and equipment, net $ 1,680.8 $ (6.2 ) $ 1,674.6 Deferred income taxes 107.4 0.6 108.0 Other noncurrent assets 299.5 6.9 306.4 LIABILITIES AND EQUITY Current liabilities: Accrued expenses and other current liabilities $ 1,844.4 $ 20.7 $ 1,865.1 Deferred income taxes 842.5 (1.2 ) 841.3 Accumulated deficit (626.2 ) (18.2 ) (644.4 ) The following table summarizes the impacts of adopting the New Revenue Standard on the Condensed Consolidated Statements of Operations for the Three Months Ended December 31, 2018 : As reported (New Revenue Standard) Current period adjustments As adjusted (previous revenue standard) Net revenues $ 2,511.2 $ (23.9 ) $ 2,487.3 Selling, general and administrative expenses 1,284.0 0.2 1,284.2 Net loss (956.0 ) (18.3 ) (974.3 ) Net loss attributable to Coty Inc. (960.6 ) (18.1 ) (978.7 ) Net loss attributable to Coty Inc. per common share: Basic $ (1.28 ) $ (0.02 ) $ (1.30 ) Diluted (1.28 ) (0.02 ) (1.30 ) The following table summarizes the impacts of adopting the New Revenue Standard on the Condensed Consolidated Statements of Operations for the Six Months Ended December 31, 2018 : As reported (New Revenue Standard) Current period adjustments As adjusted (previous revenue standard) Net revenues $ 4,542.5 $ (16.7 ) $ 4,525.8 Selling, general and administrative expenses 2,406.3 1.3 2,407.6 Net loss (966.1 ) (13.4 ) (979.5 ) Net loss attributable to Coty Inc. (972.7 ) (13.6 ) (986.3 ) Net loss attributable to Coty Inc. per common share: Basic $ (1.30 ) $ (0.02 ) $ (1.32 ) Diluted (1.30 ) (0.02 ) (1.32 ) Revenue Recognition Accounting Policy For periods after July 1, 2018, revenue is recognized at a point in time and/or over time when control of the promised goods or services is transferred to the Company’s customers which usually occurs upon delivery. Revenue is recognized in an amount that reflects the consideration we expect to be entitled to in exchange for transferring those goods or services. At contract inception, the Company assesses the goods and services promised in its contracts with customers and identifies a performance obligation for each promise to transfer to the customer a good or service (or bundle of goods or services) that is distinct. To identify the performance obligations, the Company considers all of the goods or services promised in the contract regardless of whether they are explicitly stated or are implied by customary business practices. The Company’s revenue contracts principally represent a performance obligation to sell its beauty products to trade customers and are satisfied when control of promised goods and services is transferred to the customers. Net revenues comprise gross revenues less customer discounts and allowances, actual and expected returns (estimated based on an analysis of historical experience and position in product life cycle) and various trade spending activities. Trade spending activities represent variable consideration promised to the customer and primarily relate to advertising, product promotions and demonstrations, some of which involve cooperative relationships with customers. The costs of trade spend activities are estimated using the expected value method considering all reasonably available information, including contract terms with the customer, the Company’s historical experience and its current expectations of the scope of the activities, and is reflected in the transaction price when sales are recorded. The Company’s payment terms vary by the type and location of its customers and the products offered. The term between invoicing and when payment is due is not significant. The Company’s sales return accrual reflects seasonal fluctuations, including those related to the holiday season in its second quarter. This accrual is a subjective critical estimate that has a direct impact on reported net revenues, and is calculated based on history of actual returns, estimated future returns and information provided by retailers regarding their inventory levels. In addition, as necessary, specific accruals may be established for significant future known or anticipated events. The types of known or anticipated events that the Company has considered, and will continue to consider, include the financial condition of our customers, store closings by retailers, changes in the retail environment, and our decision to continue to support new and existing brands. The Company accounts for certain customer store fixtures as other assets. Such fixtures are amortized using the straight-line method over the period of 3 - 5 years as a reduction of revenue. For the presentation of the Company’s revenues disaggregated by segment and product category see Note 4 — Segment Reporting .

SEGMENT REPORTING

SEGMENT REPORTING	6 Months Ended
	Dec. 31, 2018
Segment Reporting [Abstract]
SEGMENT REPORTING	SEGMENT REPORTING The Company’s organizational structure is category focused, putting the consumers first, by specifically targeting how and where they shop and what and why they purchase. Operating and reportable segments (referred to as “segments”) reflect the way the Company is managed and for which separate financial information is available and evaluated regularly by the Company’s chief operating decision maker (“CODM”) in deciding how to allocate resources and assess performance. The Company has designated its Chief Executive Officer as the CODM. The Company has the following three divisions which represent its operating segments and reportable segments: Luxury — primarily focused on prestige fragrances, premium skin care and premium color cosmetics; Consumer Beauty — primarily focused on color cosmetics, retail hair coloring and styling products, mass fragrance, mass skin care and body care; Professional Beauty — primarily focused on hair and nail care products for professionals. Certain revenues and shared costs and the results of corporate initiatives are managed outside of the three segments by Corporate. The items within Corporate relate to corporate-based responsibilities and decisions and are not used by the CODM to measure the underlying performance of the segments. Corporate primarily includes restructuring and realignment costs, costs related to acquisition activities and certain other expense items not attributable to ongoing operating activities of the segments. With the adoption of ASU No. 2017-07 (see Note 2 — Summary of Significant Accounting Policies ), the non-service cost components of net periodic benefit cost have been removed from consolidated operating expenses and included in consolidated other expense, net. For segment reporting, however, all components of net periodic benefit cost are included in segment operating results as these components continue to comprise the basis on which the CODM analyzes segment results. In order to reconcile the total of segment operating (loss) income to consolidated operating (loss) income, reclassification adjustments related to the non-service costs components have been included in Corporate in the table below. With the exception of goodwill and acquired intangible assets, the Company does not identify or monitor assets by segment. The Company does not present assets by reportable segment since various assets are shared between reportable segments. The allocation of goodwill and acquired intangible assets by segment is presented in Note 9 — Goodwill and Other Intangible Assets, net . Three Months Ended Six Months Ended SEGMENT DATA 2018 2017 2018 2017 Net revenues: Luxury $ 1,017.5 $ 951.2 $ 1,810.4 $ 1,715.6 Consumer Beauty 967.8 1,138.6 1,796.6 2,182.0 Professional Beauty 525.9 547.8 935.5 978.3 Total $ 2,511.2 $ 2,637.6 $ 4,542.5 $ 4,875.9 Operating income (loss): Luxury $ 113.6 $ 85.1 $ 162.3 $ 141.8 Consumer Beauty (906.9 ) 99.3 (925.5 ) 161.2 Professional Beauty 73.8 73.5 78.8 71.8 Corporate (85.1 ) (82.7 ) (140.9 ) (170.1 ) Total $ (804.6 ) $ 175.2 $ (825.3 ) $ 204.7 Reconciliation: Operating (loss) income $ (804.6 ) $ 175.2 $ (825.3 ) $ 204.7 Interest expense, net 68.3 60.3 132.4 126.7 Other expense, net 4.8 4.2 7.5 8.7 (Loss) income before income taxes $ (877.7 ) $ 110.7 $ (965.2 ) $ 69.3 Presented below are the percentage of revenues associated with the Company’s product categories: Three Months Ended Six Months Ended PRODUCT CATEGORY 2018 2017 2018 2017 Fragrance 43.5 % 40.7 % 42.3 % 39.1 % Color Cosmetics 23.3 24.1 24.7 26.3 Hair Care 24.4 24.5 24.3 24.2 Skin & Body Care 8.8 10.7 8.7 10.4 Total Coty Inc. 100.0 % 100.0 % 100.0 % 100.0 %

BUSINESS COMBINATIONS

BUSINESS COMBINATIONS	6 Months Ended
	Dec. 31, 2018
Business Combinations [Abstract]
BUSINESS COMBINATIONS	BUSINESS COMBINATIONS Burberry Beauty Business Acquisition On October 2, 2017, the Company acquired the exclusive global license rights and other related assets for the Burberry Limited (“Burberry”) luxury fragrances, cosmetics and skincare business (the “Burberry Beauty Business”). The Burberry Beauty Business acquisition further strengthens the Company’s position in the global beauty industry. Total purchase consideration, after post-closing adjustments, was £191.7 million , the equivalent of $256.3 , at the time of closing. Included in the purchase price was cash consideration of £183.3 million , the equivalent of $245.1 , at the time of closing, in addition to £8.4 million , the equivalent of $11.2 , of estimated contingent consideration, at the time of closing. The future contingent consideration payments will range from zero to £16.7 million and will be payable on a quarterly basis to Burberry as certain items of inventory transferred to the Company at the acquisition date are subsequently used or sold. The amount of the contingent consideration recorded was estimated as of the acquisition date and is subject to change based on the related inventory usage. The fair value of the contingent consideration was determined by estimating the future inventory usage and corresponding payments over a four-year period, with the contingent payments being made in each of the respective years. The estimate of the portion of contingent consideration payable within twelve months from the December 31, 2018 balance sheet date is recorded in Accrued expenses and other current liabilities and the remainder is recorded in Other noncurrent liabilities in the Condensed Consolidated Balance Sheet. From the date of acquisition through the end of the second quarter of fiscal 2019, the Company made £2.9 million in contingent payments. The Company has finalized the valuation of assets acquired and liabilities assumed for the Burberry Beauty Business acquisition. The Company recognized certain measurement period adjustments as disclosed below during the three months ended September 30, 2018. The measurement period for the Burberry Beauty Business acquisition closed on October 1, 2018. The following table summarizes the allocation of the purchase price to the net assets of the Burberry Beauty Business as of the October 2, 2017 acquisition date: Estimated (a) Measurement period adjustments (b) Final fair value as adjusted Estimated Inventories $ 47.9 $ — $ 47.9 Property, plant and equipment 5.8 — 5.8 1 - 3 License and distribution rights 177.8 6.7 184.5 3 - 15 Goodwill 34.9 (9.4 ) 25.5 Indefinite Net other liabilities (10.1 ) 2.7 (7.4 ) Total purchase price $ 256.3 $ — $ 256.3 (a) As previously reported in the Company’s Annual Report on Form 10-K for the fiscal year ended June 30, 2018. (b) The Company recorded measurement period adjustments in the first quarter of fiscal 2019. The measurement period adjustments related to an increase in the value of the License and distribution rights due to changes in assumptions that were used at the date of acquisition for valuation purposes. The measurement period adjustment related to the decrease in net other liabilities acquired was a result of obtaining new facts and circumstances about acquired accrued expenses that existed as of the acquisition date. All measurement period adjustments were offset against Goodwill. Goodwill is expected to be deductible for tax purposes. The goodwill is attributable to expected synergies resulting from integrating the Burberry Beauty Business products into the Company’s existing sales channels. Goodwill of $12.9 , $6.8 and $5.8 is allocated to the Luxury, Consumer Beauty and Professional Beauty segments, respectively. The allocation of goodwill to the segments were due to the reduction in corporate and regional overhead allocated to these segments due to the addition of the Burberry Beauty Business.

ACQUISTION-RELATED COSTS

ACQUISTION-RELATED COSTS	6 Months Ended
	Dec. 31, 2018
Business Combinations [Abstract]
ACQUISTION-RELATED COSTS	ACQUISITION-RELATED COSTS Acquisition-related costs, which are expensed as incurred, represent non-restructuring costs directly related to acquiring and integrating an entity, for both completed and contemplated acquisitions. These costs can include finder’s fees, legal, accounting, valuation, other professional or consulting fees, including fees related to transitional services, and other internal costs which can include compensation related expenses for dedicated internal resources. The Company recognized acquisition-related costs of $0.0 and $7.0 for the three months ended December 31, 2018 and 2017 , respectively and $0.0 and $61.1 for the six months ended December 31, 2018 and 2017 , respectively, which have been recorded in Acquisition-related costs in the Condensed Consolidated Statements of Operations. Acquisition-related costs incurred during the three and six months ended December 31, 2017 were primarily related to the acquisition of The Procter & Gamble Company’s (“P&G”) beauty business (the “P&G Beauty Business”).

RESTRUCTURING COSTS

RESTRUCTURING COSTS	6 Months Ended
	Dec. 31, 2018
Restructuring and Related Activities [Abstract]
RESTRUCTURING COSTS	RESTRUCTURING COSTS Restructuring costs for the three and six months ended December 31, 2018 and 2017 are presented below: Three Months Ended Six Months Ended 2018 2017 2018 2017 Global Integration Activities $ 22.2 $ 15.1 $ 28.7 $ 24.9 2018 Restructuring Actions (0.3 ) 10.8 8.8 11.9 Other Restructuring (0.4 ) (4.2 ) (0.5 ) (3.9 ) Total $ 21.5 $ 21.7 $ 37.0 $ 32.9 Global Integration Activities In connection with the acquisition of the P&G Beauty Business, the Company has and expects to continue to incur restructuring and related costs aimed at integrating and optimizing the combined organization (“Global Integration Activities”). Of the expected costs, the Company has incurred cumulative restructuring charges of $499.4 related to approved initiatives through December 31, 2018 , which have been recorded in Corporate. The following table presents aggregate restructuring charges for the program: Severance and Employee Benefits Third-Party Contract Terminations Fixed Asset Write-offs Other Exit Costs Total Fiscal 2017 $ 333.9 $ 22.4 $ 4.6 $ 3.3 $ 364.2 Fiscal 2018 67.5 19.3 14.3 5.4 106.5 Fiscal 2019 1.6 1.8 23.8 1.5 28.7 Cumulative through December 31, 2018 $ 403.0 $ 43.5 $ 42.7 $ 10.2 $ 499.4 Over the next two fiscal years, the Company expects to incur approximately $30.0 of additional restructuring charges pertaining to the approved actions, primarily related to contract terminations, employee termination benefits and other related exit costs. The related liability balance and activity for the Global Integration Activities restructuring costs are presented below: Severance and Third-Party Fixed Asset Write-offs Other Total Balance—July 1, 2018 $ 203.0 $ 17.0 $ — $ 3.1 $ 223.1 Restructuring charges 7.1 1.8 23.8 1.7 34.4 Payments (75.7 ) (6.1 ) — (2.2 ) (84.0 ) Changes in estimates (5.5 ) — — (0.2 ) (5.7 ) Non-cash utilization — — (23.8 ) — (23.8 ) Effect of exchange rates (1.5 ) — — — (1.5 ) Balance—December 31, 2018 $ 127.4 $ 12.7 $ — $ 2.4 $ 142.5 The Company currently estimates that the total remaining accrual of $142.5 will result in cash expenditures of approximately $106.2 , $33.3 and $3.0 in fiscal 2019, 2020 and thereafter, respectively. 2018 Restructuring Actions During fiscal 2018, the Company began evaluating initiatives to reduce fixed costs and enable further investment in the business (the “2018 Restructuring Actions”). Of the expected costs, the Company incurred cumulative restructuring charges of $77.2 related to approved initiatives through December 31, 2018 , primarily related to role eliminations in Europe and North America, which have been recorded in Corporate. The following table presents aggregate restructuring charges for the program: Severance and Employee Benefits Third-Party Contract Terminations Fixed Asset Write-offs Other Exit Costs Total Fiscal 2018 $ 63.5 $ 0.2 $ 1.3 $ 3.4 $ 68.4 Fiscal 2019 7.9 — — 0.9 8.8 Cumulative through December 31, 2018 $ 71.4 $ 0.2 $ 1.3 $ 4.3 $ 77.2 Over the next three fiscal years, the Company expects to incur approximately $7.0 of additional restructuring charges pertaining to the approved actions, primarily related to employee termination benefits. The related liability balance and activity of restructuring costs for the 2018 Restructuring Actions are presented below: Severance and Employee Benefits Third-Party Contract Terminations Other Exit Costs Total Program Costs Balance—July 1, 2018 $ 48.0 $ 0.2 $ 3.3 $ 51.5 Restructuring charges 9.2 — 0.9 10.1 Payments (30.4 ) — (1.3 ) (31.7 ) Changes in estimates (1.3 ) — — (1.3 ) Effect of exchange rates (0.7 ) — — (0.7 ) Balance—December 31, 2018 $ 24.8 $ 0.2 $ 2.9 $ 27.9 The Company currently estimates that the total remaining accrual of $27.9 will result in cash expenditures of approximately $22.1 , $4.9 and $0.9 in fiscal 2019, 2020 and thereafter, respectively. Other Restructuring In connection with the acquisition of the Burberry Beauty Business, the Company recorded the reversal of $(0.1) of restructuring costs relating to third party contract terminations during the six months ended December 31, 2018 . The related liability balances were $1.0 and $3.9 at December 31, 2018 and June 30, 2018 , respectively. The Company currently estimates that the total remaining accrual of $1.0 will result in cash expenditure in fiscal 2019. The Company executed a number of other legacy restructuring activities in prior years, which are substantially completed. The Company incurred (income) expenses of $(0.2) and $(3.9) during the six months ended December 31, 2018 and 2017 , respectively. The related liability balances were $7.3 and $9.4 at December 31, 2018 and June 30, 2018 , respectively. The Company currently estimates that the total remaining accrual of $7.3 will result in cash expenditures of $2.3 , $2.5 and $2.5 in fiscal 2019, 2020 and 2021, respectively. In connection with the acquisition of the P&G Beauty Business, the Company assumed restructuring liabilities of approximately $21.7 at October 1, 2016. The Company incurred (income) expenses of $(0.2) and nil during the six months ended December 31, 2018 and 2017 , respectively. The related liability balances were $5.4 and $7.0 at December 31, 2018 and June 30, 2018 , respectively. The Company estimates that the remaining accrual of $5.4 at December 31, 2018 will result in cash expenditures of $2.7 , $2.2 and $0.5 in fiscal 2019 , 2020 and thereafter, respectively.

INVENTORIES

INVENTORIES	6 Months Ended
	Dec. 31, 2018
Inventory Disclosure [Abstract]
INVENTORIES	INVENTORIES Inventories as of December 31, 2018 and June 30, 2018 are presented below: December 31, June 30, Raw materials $ 289.6 $ 278.6 Work-in-process 18.4 21.8 Finished goods 856.6 848.5 Total inventories $ 1,164.6 $ 1,148.9

GOODWILL AND OTHER INTANGIBLE A

GOODWILL AND OTHER INTANGIBLE ASSETS, NET	6 Months Ended
	Dec. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract]
GOODWILL AND OTHER INTANGIBLE ASSETS, NET	GOODWILL AND OTHER INTANGIBLE ASSETS, NET Assessment for Impairments The Company tests goodwill and indefinite-lived intangible assets for impairment at least annually as of May 1, or more frequently, if certain events or circumstances warrant. There were no impairments of goodwill at the Company’s reporting units in fiscal 2018. In the course of evaluating the results for the second quarter of fiscal 2019, the Company noted the cash flows associated with its Consumer Beauty reporting unit were adversely impacted by negative category trends and market share losses in the color cosmetics, hair color and mass fragrance categories mainly impacting the CoverGirl, Rimmel, Max Factor, Bourjois and Clairol trademarks; additional shelf-spaces losses for CoverGirl, Clairol, and Max Factor; expected increased costs in the short-term to offset the lower service levels caused by supply chain disruptions; and lower than expected net revenues and profitability for Younique. Additionally, the Company considered the impact of a 75 basis point increase in the discount rate, which adversely affected the fair value of the reporting unit. Management concluded that these adverse factors represented indicators of impairment that warranted an interim impairment test for goodwill and certain other intangible assets in the Consumer Beauty reporting unit. As a result, in the three and six months ended December 31, 2018 , the Company recognized asset impairment charges of $930.3 , of which $832.5 related to goodwill, $90.8 related to indefinite-lived other intangible assets (mainly related to the CoverGirl and Clairol trademarks) and $7.0 related to finite-lived other intangible assets, as described below and recorded in Asset impairment charges in the Condensed Consolidated Statements of Operations. Additionally, the Company identified indicators of impairment related to the philosophy trademark that is part of the Luxury reporting unit and recorded an asset impairment charge of $22.8 for the three and six months ended December 31, 2018 . In addition to the impact of a 75 basis point increase in the discount rate for the trademark, the Company considered the impact of the business indicators of lower than expected net revenue growth in the U.S. and a decrease in the level of expected profitability of the trademark. Goodwill Goodwill as of December 31, 2018 and June 30, 2018 is presented below: Luxury Consumer Beauty Professional Beauty Total Gross balance at June 30, 2018 $ 3,366.6 $ 4,927.5 $ 953.8 $ 9,247.9 Accumulated impairments (403.7 ) (237.1 ) — (640.8 ) Net balance at June 30, 2018 $ 2,962.9 $ 4,690.4 $ 953.8 $ 8,607.1 Changes during the period ended December 31, 2018: Measurement period adjustments (a) (10.5 ) 0.6 0.5 (9.4 ) Foreign currency translation (30.2 ) (51.5 ) (18.5 ) (100.2 ) Impairment charges — (832.5 ) — (832.5 ) Gross balance at December 31, 2018 $ 3,325.9 $ 4,876.6 $ 935.8 $ 9,138.3 Accumulated impairments (403.7 ) (1,069.6 ) — (1,473.3 ) Net balance at December 31, 2018 $ 2,922.2 $ 3,807.0 $ 935.8 $ 7,665.0 (a) Includes measurement period adjustments in connection with the Burberry Beauty Business acquisition (Refer to Note 5 — Business Combinations ). Other Intangible Assets, net Other intangible assets, net as of December 31, 2018 and June 30, 2018 are presented below: December 31, 2018 June 30, Indefinite-lived other intangible assets $ 3,052.0 $ 3,186.2 Finite-lived other intangible assets, net 4,877.4 5,098.2 Total Other intangible assets, net $ 7,929.4 $ 8,284.4 The changes in the carrying amount of indefinite-lived other intangible assets are presented below: Luxury Consumer Beauty Professional Beauty Total Gross balance at June 30, 2018 $ 414.6 $ 1,703.1 $ 1,266.3 $ 3,384.0 Accumulated impairments (118.8 ) (75.9 ) (3.1 ) (197.8 ) Net balance at June 30, 2018 295.8 1,627.2 1,263.2 3,186.2 Changes during the period ended December 31, 2018: Foreign currency translation (5.8 ) (7.1 ) (7.7 ) (20.6 ) Impairment charges (22.8 ) (90.8 ) — (113.6 ) Gross balance at December 31, 2018 408.8 1,696.0 1,258.6 3,363.4 Accumulated impairments (141.6 ) (166.7 ) (3.1 ) (311.4 ) Net balance at December 31, 2018 $ 267.2 $ 1,529.3 $ 1,255.5 $ 3,052.0 Intangible assets subject to amortization are presented below: Cost Accumulated Amortization Accumulated Impairment Net June 30, 2018 License agreements $ 3,362.7 $ (792.9 ) $ — $ 2,569.8 Customer relationships 1,960.5 (508.7 ) (5.5 ) 1,446.3 Trademarks 1,002.1 (185.5 ) (0.4 ) 816.2 Product formulations and technology 361.2 (95.3 ) — 265.9 Total $ 6,686.5 $ (1,582.4 ) $ (5.9 ) $ 5,098.2 December 31, 2018 License agreements (a) $ 3,259.9 $ (810.7 ) $ (19.6 ) $ 2,429.6 Customer relationships (a) 1,949.7 (572.0 ) (5.5 ) 1,372.2 Trademarks (b) 1,040.2 (207.1 ) (0.4 ) 832.7 Product formulations and technology 353.9 (111.0 ) — 242.9 Total $ 6,603.7 $ (1,700.8 ) $ (25.5 ) $ 4,877.4 (a) Includes measurement period adjustments during the six months ended December 31, 2018 in connection with the Burberry Beauty Business acquisition (Refer to Note 5 — Business Combinations ). (b) Includes an acquired trademark of $40.8 . In July 2018, the Company acquired a trademark associated with a preexisting license. As a result of the acquisition, the preexisting license was effectively terminated, and accordingly the Company recorded $12.6 of Asset impairment charges in the Condensed Consolidated Statement of Operations related to the license agreement. Amortization expense was $88.5 and $89.6 for the three months ended December 31, 2018 and 2017 , respectively and $181.0 and $167.8 for the six months ended December 31, 2018 and 2017 , respectively.

DEBT

DEBT	6 Months Ended
	Dec. 31, 2018
Debt Disclosure [Abstract]
DEBT	DEBT The Company’s debt balances consisted of the following as of December 31, 2018 and June 30, 2018 , respectively: December 31, 2018 June 30, Short-term debt $ 54.3 $ 9.2 2018 Coty Credit Agreement 2018 Coty Revolving Credit Facility due April 2023 783.9 368.1 2018 Coty Term A Facility due April 2023 3,242.6 3,371.5 2018 Coty Term B Facility due April 2025 2,359.6 2,390.5 Senior Unsecured Notes 2026 Dollar Notes due April 2026 550.0 550.0 2023 Euro Notes due April 2023 628.6 640.9 2026 Euro Notes due April 2026 285.7 291.4 Other long-term debt and capital lease obligations 1.3 1.6 Total debt 7,906.0 7,623.2 Less: Short-term debt and current portion of long-term debt (255.7 ) (218.9 ) Total Long-term debt 7,650.3 7,404.3 Less: Unamortized debt issuance costs (a) (77.7 ) (86.2 ) Less: Discount on Long-term debt (11.7 ) (12.7 ) Total Long-term debt, net $ 7,560.9 $ 7,305.4 (a) Consists of unamortized debt issuance costs of $28.0 and $31.4 for the 2018 Coty Revolving Credit Facility, $26.1 and $29.2 for the 2018 Coty Term A Facility and $10.1 and $10.9 for the 2018 Coty Term B Facility, $7.7 and $8.3 for the 2026 Dollar and Euro Notes and $5.8 and $6.4 for the 2023 Euro Notes as of December 31, 2018 and June 30, 2018 , respectively. On April 5, 2018, the Company issued senior unsecured notes in a private offering and entered into a new credit agreement (the “2018 Coty Credit Agreement”). The net proceeds of the offering of the notes, together with borrowings under the 2018 Coty Credit Agreement, were used to repay in full and refinance the indebtedness outstanding under the Company’s previously existing long-term debt agreements and to pay accrued interest, related premiums, fees and expenses in connection therewith. Future borrowings under the 2018 Coty Credit Agreement could be used for corporate purposes. Offering of Senior Unsecured Notes On April 5, 2018 the Company issued, at par, $550.0 of 6.50% senior unsecured notes due 2026 (the “2026 Dollar Notes”), €550.0 million of 4.00% senior unsecured notes due 2023 (the “2023 Euro Notes”) and €250.0 million of 4.75% senior unsecured notes due 2026 (the “2026 Euro Notes” and, together with the 2023 Euro Notes, the “Euro Notes,” and the Euro Notes together with the 2026 Dollar Notes, the “Senior Unsecured Notes”) in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act and to non-U.S. persons outside the United States pursuant to Regulation S under the Securities Act. The Senior Unsecured Notes are senior unsecured debt obligations of the Company and will be pari passu in right of payment with all of the Company’s existing and future senior indebtedness (including the 2018 Credit Facilities described below). The Senior Unsecured Notes are guaranteed, jointly and severally, on a senior basis by the Guarantors (as later defined). The Senior Unsecured Notes are senior unsecured obligations of the Company and are effectively junior to all existing and future secured indebtedness of the Company to the extent of the value of the collateral securing such secured indebtedness. The related guarantees are senior unsecured obligations of each Guarantor and are effectively junior to all existing and future secured indebtedness of such Guarantor to the extent of the value of the collateral securing such indebtedness. The 2026 Dollar Notes will mature on April 15, 2026. The 2026 Dollar Notes will bear interest at a rate of 6.50% per annum. Interest on the 2026 Dollar Notes is payable semi-annually in arrears on April 15 and October 15 of each year, beginning on October 15, 2018. The 2023 Euro Notes will mature on April 15, 2023 and the 2026 Euro Notes will mature on April 15, 2026. The 2023 Euro Notes will bear interest at a rate of 4.00% per annum, and the 2026 Euro Notes will bear interest at a rate of 4.75% per annum. Interest on the Euro Notes is payable semi-annually in arrears on April 15 and October 15 of each year, beginning on October 15, 2018. Upon the occurrence of certain change of control triggering events with respect to a series of Senior Unsecured Notes, the Company will be required to offer to repurchase all or part of the Senior Unsecured Notes of such series at 101% of their principal amount, plus accrued and unpaid interest, if any, to, but excluding, the purchase date applicable to such Senior Unsecured Notes. The Notes contain customary covenants that place restrictions in certain circumstances on, among other things, incurrence of liens, entry into sale or leaseback transactions, sales of assets and certain merger or consolidation transactions. The Notes also provide for customary events of default. 2018 Coty Credit Agreement On April 5, 2018, the Company entered into the 2018 Coty Credit Agreement which amended and restated the prior Coty Credit Agreement. The 2018 Coty Credit Agreement provides for (a) the incurrence by the Company of (1) a senior secured term A facility in an aggregate principal amount of (i) $1,000.0 denominated in U.S. dollars and (ii) €2,035.0 million denominated in euros (the “2018 Coty Term A Facility”) and (2) a senior secured term B facility in an aggregate principal amount of (i) $1,400.0 denominated in U.S. dollars and (ii) €850.0 million denominated in euros (the “2018 Coty Term B Facility”) and (b) the incurrence by the Company and Coty B.V., a Dutch subsidiary of the Company (the “Dutch Borrower” and, together with the Company, the “Borrowers”), of a senior secured revolving facility in an aggregate principal amount of $3,250.0 denominated in U.S. dollars, specified alternative currencies or other currencies freely convertible into U.S. dollars and readily available in the London interbank market (the “2018 Coty Revolving Credit Facility”) (the 2018 Coty Term A Facility, together with the 2018 Coty Term B Facility and the 2018 Coty Revolving Credit Facility, the “2018 Coty Credit Facilities”). Initial borrowings under the 2018 Coty Term Loan B Facility were issued at a 0.250% discount. The 2018 Coty Credit Agreement provides that with respect to the 2018 Coty Revolving Credit Facility, up to $150.0 is available for letters of credit and up to $150.0 is available for swing line loans. The 2018 Coty Credit Agreement also permits, subject to certain terms and conditions, the incurrence of incremental facilities thereunder in an aggregate amount of (i) $1,700.0 plus (ii) an unlimited amount if the First Lien Net Leverage Ratio (as defined in the 2018 Coty Credit Agreement), at the time of incurrence of such incremental facilities and after giving effect thereto on a pro forma basis, is less than or equal to 3.00 to 1.00. The obligations of the Company under the 2018 Coty Credit Agreement are guaranteed by the material wholly-owned subsidiaries of the Company organized in the U.S., subject to certain exceptions (the “Guarantors”) and the obligations of the Company and the Guarantors under the 2018 Coty Credit Agreement are secured by a perfected first priority lien (subject to permitted liens) on substantially all of the assets of the Company and the Guarantors, subject to certain exceptions. The Dutch Borrower does not guarantee the obligations of the Company under the 2018 Coty Credit Agreement or grant any liens on its assets to secure any obligations under the 2018 Coty Credit Agreement. Scheduled Amortization The Company made quarterly payments of 1.25% and 0.25% beginning on September 30, 2018, of the initial aggregate principal amounts of the 2018 Coty Term A Facility and the 2018 Coty Term B Facility, respectively. The remaining balance of the initial aggregate principal amounts of the 2018 Coty Term A Facility and the 2018 Coty Term B Facility will be payable on the maturity date for each facility, respectively. Interest The 2018 Coty Credit Agreement facilities will bear interest at rates equal to, at the Company’s option, either: • LIBOR of the applicable qualified currency, of which the Company can elect the applicable one, two, three, six or twelve month rate, plus the applicable margin; or • Alternate base rate (“ABR”) plus the applicable margin. In the case of the 2018 Coty Revolving Credit Facility and the 2018 Coty Term A Facility, the applicable margin means the lesser of a percentage per annum to be determined in accordance with the leverage-based pricing grid and the debt rating-based grid below: Pricing Tier Total Net Leverage Ratio: LIBOR plus: Alternative Base Rate Margin: 1.0 Greater than or equal to 4.75:1 2.000% 1.000% 2.0 Less than 4.75:1 but greater than or equal to 4.00:1 1.750% 0.750% 3.0 Less than 4.00:1 but greater than or equal to 2.75:1 1.500% 0.500% 4.0 Less than 2.75:1 but greater than or equal to 2.00:1 1.250% 0.250% 5.0 Less than 2.00:1 but greater than or equal to 1.50:1 1.125% 0.125% 6.0 Less than 1.50:1 1.000% —% Pricing Tier Debt Ratings S&P/Moody’s: LIBOR plus: Alternative Base Rate Margin: 5.0 Less than BB+/Ba1 2.000% 1.000% 4.0 BB+/Ba1 1.750% 0.750% 3.0 BBB-/Baa3 1.500% 0.500% 2.0 BBB/Baa2 1.250% 0.250% 1.0 BBB+/Baa1 or higher 1.125% 0.125% In the case of the USD portion of the 2018 Coty Term B Facility, the applicable margin means 2.25% per annum, in the case of LIBOR loans, and 1.25% per annum, in the case of ABR loans. In the case of the Euro portion of the 2018 Coty Term B Facility, the applicable margin means 2.50% per annum, in the case of EURIBOR loans. In no event will LIBOR be deemed to be less than 0.00% per annum. Fair Value of Debt December 31, 2018 June 30, 2018 Carrying Fair Carrying Fair 2018 Coty Credit Agreement 6,386.1 5,947.8 6,130.1 6,070.8 Senior Unsecured Notes 1,464.3 1,278.3 1,482.3 1,449.9 The Company uses the market approach to value the 2018 Coty Credit Agreement and the Senior Unsecured Notes. The Company obtains fair values from independent pricing services to determine the fair value of these debt instruments. Based on the assumptions used to value these liabilities at fair value, these debt instruments are categorized a Level 2 in the fair value hierarchy. Debt Maturities Schedule Aggregate maturities of the Company’s long-term debt, including the current portion of long-term debt and excluding capital lease obligations as of December 31, 2018 , are presented below: Fiscal Year Ending June 30, 2019, remaining $ 95.0 2020 190.0 2021 190.0 2022 190.0 2023 4,096.8 Thereafter 3,088.6 Total $ 7,850.4 Covenants The 2018 Coty Credit Agreement contains affirmative and negative covenants. The negative covenants include, among other things, limitations on debt, liens, dispositions, investments, fundamental changes, restricted payments and affiliate transactions. With certain exceptions as described below, the 2018 Coty Credit Agreement includes a financial covenant that requires us to maintain a Total Net Leverage Ratio (as defined below), equal to or less than the ratios shown below for each respective test period. Quarterly Test Period Ending Total Net Leverage Ratio (a) December 31, 2018 5.50 to 1.00 March 31, 2019 through June 30, 2019 5.25 to 1.00 September 30, 2019 through December 31, 2019 5.00 to 1.00 March 31, 2020 through June 30, 2020 4.75 to 1.00 September 30, 2020 through December 31, 2020 4.50 to 1.00 March 31, 2021 through June 30, 2021 4.25 to 1.00 September 30, 2021 through June 30, 2023 4.00 to 1.00 (a) Total Net Leverage Ratio means, as of any date of determination, the ratio of: (a) (i) Total Indebtedness minus (ii) unrestricted cash and Cash Equivalents of the Parent Borrower and its Restricted Subsidiaries as determined in accordance with GAAP to (b) Adjusted earnings before interest, taxes, depreciation and amortization (“Adjusted EBITDA”) for the most recently ended Test Period (each of the defined terms, including Adjusted EBITDA, used within the definition of Total Net Leverage Ratio have the meanings ascribed to them within the 2018 Coty Credit Agreement). Adjusted EBITDA as defined in the 2018 Coty Credit Agreement includes certain add backs related to cost savings, operating expense reductions and future unrealized synergies subject to certain limits and conditions as specified in the 2018 Coty Credit Agreement. In the four fiscal quarters following the closing of any Material Acquisition (as defined in the 2018 Coty Credit Agreement), including the fiscal quarter in which such Material Acquisition occurs, the maximum Total Net Leverage Ratio shall be the lesser of (i) 5.95 to 1.00 and (ii) 1.00 higher than the otherwise applicable maximum Total Net Leverage Ratio for such quarter (as set forth in the table above). Immediately after any such four fiscal quarter period, there shall be at least two consecutive fiscal quarters during which our Total Net Leverage Ratio is no greater than the maximum Total Net Leverage Ratio that would otherwise have been required in the absence of such Material Acquisition, regardless of whether any additional Material Acquisitions are consummated during such period. As of December 31, 2018 , the Company was in compliance with all covenants contained within the Debt Agreements.

INTEREST EXPENSE, NET

INTEREST EXPENSE, NET	6 Months Ended
	Dec. 31, 2018
Interest Income (Expense), Net [Abstract]
INTEREST EXPENSE, NET	INTEREST EXPENSE, NET Interest expense, net for the three and six months ended December 31, 2018 and 2017 is presented below: Three Months Ended Six Months Ended 2018 2017 2018 2017 Interest expense $ 74.1 $ 69.6 $ 146.5 $ 137.0 Foreign exchange gains, net of derivative contracts (0.2 ) (6.9 ) (3.8 ) (5.9 ) Interest income (5.6 ) (2.4 ) (10.3 ) (4.4 ) Total interest expense, net $ 68.3 $ 60.3 $ 132.4 $ 126.7

EMPLOYEE BENEFIT PLANS

EMPLOYEE BENEFIT PLANS	6 Months Ended
	Dec. 31, 2018
Retirement Benefits [Abstract]
EMPLOYEE BENEFIT PLANS	EMPLOYEE BENEFIT PLANS The components of net periodic benefit cost for pension plans and other post-employment benefit plans recognized in the Condensed Consolidated Statements of Operations are presented below: Three Months Ended December 31, Pension Plans Other Post- Employment Benefits U.S. International Total 2018 2017 2018 2017 2018 2017 2018 2017 Service cost $ — $ — $ 8.6 $ 9.8 $ 0.3 $ 0.5 $ 8.9 $ 10.3 Interest cost 0.2 0.1 3.3 3.1 0.5 0.6 4.0 3.8 Expected return on plan assets — — (2.1 ) (1.9 ) — — (2.1 ) (1.9 ) Amortization of prior service cost (credit) — — 0.1 0.1 (1.5 ) (1.4 ) (1.4 ) (1.3 ) Amortization of net (gain) loss (0.2 ) (0.1 ) (0.1 ) 0.4 — (0.1 ) (0.3 ) 0.2 Net periodic benefit cost (credit) $ — $ — $ 9.8 $ 11.5 $ (0.7 ) $ (0.4 ) $ 9.1 $ 11.1 Six Months Ended December 31, Pension Plans Other Post- U.S. International Total 2018 2017 2018 2017 2018 2017 2018 2017 Service cost $ — $ — $ 16.8 $ 19.6 $ 0.6 $ 1.0 $ 17.4 $ 20.6 Interest cost 0.4 0.3 6.6 6.2 1.0 1.2 8.0 7.7 Expected return on plan assets — — (4.2 ) (3.8 ) — — (4.2 ) (3.8 ) Amortization of prior service cost (credit) — — 0.2 0.2 (3.0 ) (2.8 ) (2.8 ) (2.6 ) Amortization of net (gain) loss (0.4 ) (0.3 ) 0.2 0.7 — (0.1 ) (0.2 ) 0.3 Net periodic benefit cost (credit) $ — $ — $ 19.6 $ 22.9 $ (1.4 ) $ (0.7 ) $ 18.2 $ 22.2

DERIVATIVE INSTRUMENTS

DERIVATIVE INSTRUMENTS	6 Months Ended
	Dec. 31, 2018
Derivative Instruments and Hedging Activities Disclosure [Abstract]
DERIVATIVE INSTRUMENTS	DERIVATIVE INSTRUMENTS Foreign Exchange Risk The Company is exposed to foreign currency exchange fluctuations through its global operations. The Company may reduce its exposure to fluctuations in the cash flows associated with changes in foreign exchange rates by creating offsetting positions through the use of derivative instruments and also by designating foreign currency denominated borrowings as hedges of net investments in foreign subsidiaries. The Company expects that through hedging, any gain or loss on the derivative instruments would generally offset the expected increase or decrease in the value of the underlying forecasted transactions. The Company entered into derivatives for which hedge accounting treatment has been applied which the Company anticipates realizing in the Consolidated Statements of Operations through fiscal 2019. Interest Rate Risk The Company is exposed to interest rate fluctuations related to its variable rate debt instruments. The Company may reduce its exposure to fluctuations in the cash flows associated with changes in the variable interest rates by entering into offsetting positions through the use of derivative instruments, such as interest rate swap contracts. The interest rate swap contracts result in recognizing a fixed interest rate for the portion of the Company’s variable rate debt that was hedged. This will reduce the negative and positive impacts of changes in the variable rates over the term of the contracts. Hedge effectiveness of interest rate swap contracts is based on a long-haul hypothetical derivative methodology and includes all changes in value. During August 2018, the Company extended the maturity of the interest rate swap portfolio through 2021 by replacing its original swap contracts with swap contracts having longer maturities to manage the medium term exposure to interest rate increases. The Company received $43.2 for settlement of the original swap contracts. As the forecasted interest expense under the original swap agreements is still probable, the related accumulated other comprehensive income (loss) (“AOCI/(L)”) will be amortized in line with the timing of the forecasted transactions. As of December 31, 2018 and June 30, 2018 , the Company had interest rate swap contracts designated as effective hedges in the notional amount of $2,000.0 . Derivative and non-derivative financial instruments which are designated as hedging instruments: The accumulated loss on foreign currency borrowings classified as net investment hedges in the foreign currency translation adjustment component of AOCI/(L) was $193.6 and $115.0 as of December 31, 2018 and June 30, 2018 , respectively. The amount of gains and losses recognized in Other comprehensive income (loss) (“OCI”) in the Condensed Consolidated Balance Sheets related to the Company’s derivative and non-derivative financial instruments which are designated as hedging instruments is presented below: Gain (Loss) Recognized in OCI Three Months Ended Six Months Ended 2018 2017 2018 2017 Foreign exchange forward contracts $ 0.4 $ 0.3 $ 0.4 $ (0.2 ) Interest rate swap contracts (21.0 ) 11.0 (15.9 ) 11.5 Net investment hedge 74.3 (10.9 ) 78.6 (33.0 ) The accumulated gain on derivative instruments classified as cash flow hedges in AOCI/(L), net of tax, was $14.0 and $31.7 as of December 31, 2018 and June 30, 2018 , respectively. The estimated net gain related to these effective hedges that is expected to be reclassified from AOCI/(L) into earnings, net of tax, within the next twelve months is $8.3 . As of December 31, 2018 , all of the Company’s remaining foreign currency forward contracts designated as hedges were highly effective. The amount of gains and losses reclassified from AOCI/(L) to the Condensed Consolidated Statements of Operations related to the Company’s derivative financial instruments which are designated as hedging instruments is presented below: Condensed Consolidated Statements of Operations Three Months Ended Six Months Ended 2018 2017 2018 2017 Foreign exchange forward contracts: Net revenues $ — $ 0.2 $ — $ 0.4 Cost of sales — 0.4 — 0.5 Interest rate swap contracts: Interest expense $ 3.9 $ (0.6 ) $ 7.7 $ (0.9 ) Derivatives not designated as hedging: The amount of gains and losses related to the Company’s derivative financial instruments not designated as hedging instruments is presented below: Condensed Consolidated Statements of Operations Three Months Ended Six Months Ended 2018 2017 2018 2017 Selling, general and administrative expenses $ 0.1 $ 0.3 $ 0.1 $ (0.9 ) Interest expense, net (5.6 ) 5.0 (1.6 ) 13.1 Other expense, net 0.1 (0.2 ) 1.4 —

EQUITY

EQUITY	6 Months Ended
	Dec. 31, 2018
Equity [Abstract]
EQUITY	EQUITY Common Stock As of December 31, 2018 , the Company’s common stock consisted of Class A Common Stock with a par value of $0.01 per share. The holders of Class A Common Stock are entitled to one vote per share. As of December 31, 2018 , total authorized shares of Class A Common Stock was 1,000.0 million and total outstanding shares of Class A Common Stock was 751.2 million . The Company’s largest stockholder is JAB Cosmetics B.V. (“JABC”), which owns approximately 40% of Coty’s Class A shares as of December 31, 2018 . Both JABC and the shares of the Company held by JABC are indirectly controlled by Lucresca SE, Agnaten SE and JAB Holdings B.V. (“JAB”). During the three and six months ended December 31, 2018 , JABC acquired 8.2 million and 10.8 million shares of Class A Common Stock, respectively, in open market purchases on the New York Stock Exchange. The Company did not receive any proceeds from these stock purchases conducted by JABC. Preferred Stock As of December 31, 2018 , total authorized shares of preferred stock are 20.0 million . The only class of Preferred Stock that is outstanding as of December 31, 2018 is the Series A Preferred Stock with a par value of $0.01 per share. As of December 31, 2018 , total authorized shares of Series A Preferred Stock are 6.3 million , total issued shares of Series A Preferred Stock are 5.0 million and total outstanding shares of Series A Preferred Stock are 1.9 million . The Series A Preferred Stock is not entitled to receive any dividends and has no voting rights except as required by law. Of the 1.9 million outstanding shares of Series A Preferred Stock, 1.0 million shares vested on March 27, 2017, 0.4 million shares vest on April 15, 2020, 0.3 million shares vest on February 16, 2022 and 0.2 million vest on November 16, 2022. As of December 31, 2018 , the Company classified $1.1 of Series A Preferred Stock as equity, and $1.8 as a liability recorded in Other noncurrent liabilities in the Condensed Consolidated Balance Sheet. Treasury Stock - Share Repurchase Program On February 3, 2016, the Board authorized the Company to repurchase up to $500.0 of its Class A Common Stock (the “Incremental Repurchase Program”). Until October 1, 2018, repurchases were subject to certain restrictions imposed by the tax matters agreement, dated October 1, 2016, as amended, between the Company and P&G entered into in connection with the P&G Beauty Business acquisition. Following October 1, 2018, repurchases may be made from time to time at the Company’s discretion, based on ongoing assessments of the capital needs of the business, the market price of its Class A Common Stock, available cash, the Company’s deleveraging strategy and general market conditions. For the three and six months ended December 31, 2018 , the Company did not repurchase any shares of its Class A Common Stock. As of December 31, 2018 , the Company had authority for $396.8 remaining under the Incremental Repurchase Program. Dividend s The following dividends were declared during the six months ended December 31, 2018 : Declaration Date Dividend Type Dividend Per Share Holders of Record Date Dividend Value Dividend Payment Date Dividends Paid Dividends Payable (a) Fiscal 2019 August 21, 2018 Quarterly $ 0.125 August 31, 2018 $ 94.6 September 14, 2018 $ 93.8 $ 0.8 November 7, 2018 Quarterly $ 0.125 November 30, 2018 $ 95.1 December 14, 2018 $ 93.9 $ 1.2 Fiscal 2019 $ 0.250 $ 189.7 $ 187.7 $ 2.0 (a) The dividend payable is the value of the remaining dividends payable upon settlement of the RSUs and phantom units outstanding as of the Holders of Record Date. In addition to the activity noted in the table above, the Company made a payment of $0.7 for the previously accrued dividends on RSUs that vested during the six months ended December 31, 2018 . Total dividends paid during the six months ended December 31, 2018 was $188.4 , which was recorded as a decrease to APIC in the Condensed Consolidated Balance Sheet as of December 31, 2018 . The Company recorded an additional decrease to APIC in the Condensed Consolidated Balance Sheet as of December 31, 2018 of $0.2 , consisting of $2.0 dividends payable on dividends declared during the six months ended December 31, 2018 offset by $0.7 dividends paid for previously accrued dividends on vested RSUs and $1.1 of dividends no longer expected to vest as a result of forfeitures of outstanding RSUs. Total dividends recorded to APIC in the Condensed Consolidated Balance Sheet as of December 31, 2018 is $(188.6) . Total accrued dividends on unvested RSUs and phantom units of $2.1 and $4.1 are included in Accrued expenses and other current liabilities and Other noncurrent liabilities , respectively, in the Condensed Consolidated Balance Sheet as of December 31, 2018 . Accumulated Other Comprehensive Income (Loss) Foreign Currency Translation Adjustments Gain (loss) on Cash Flow Hedges Gain on Net Investment Hedge Other Foreign Currency Translation Adjustments Pension and Other Post-Employment Benefit Plans (a) Total Balance—July 1, 2018 $ 31.7 $ 115.0 $ (44.3 ) $ 56.4 $ 158.8 Other comprehensive income (loss) before reclassifications (11.8 ) 78.6 (187.7 ) — (120.9 ) Net amounts reclassified from AOCI/(L) (5.9 ) — — 1.6 (4.3 ) Net current-period other comprehensive income (loss) (17.7 ) 78.6 (187.7 ) 1.6 (125.2 ) Balance—December 31, 2018 $ 14.0 $ 193.6 $ (232.0 ) $ 58.0 $ 33.6 (a) For the six months ended December 31, 2018 , net amounts reclassified from AOCI/(L) related to pensions and other post-employment benefit plans included amortization of prior service costs and actuarial losses of $3.0 , net of tax of $1.4 . Foreign Currency Translation Adjustments Gain on Cash Flow Hedges Loss on Net Investment Hedges Other Foreign Currency Translation Adjustments Pension and Other Post-Employment Benefit Plans Total Balance—July 1, 2017 $ 12.6 $ (23.7 ) $ (20.8 ) $ 36.3 $ 4.4 Other comprehensive income (loss) before reclassifications 7.2 (33.0 ) 303.6 1.6 279.4 Net amounts reclassified from AOCI/(L) 0.1 — — — 0.1 Net current-period other comprehensive income (loss) 7.3 (33.0 ) 303.6 1.6 279.5 Balance—December 31, 2017 $ 19.9 $ (56.7 ) $ 282.8 $ 37.9 $ 283.9

SHARE-BASED COMPENSATION PLANS

SHARE-BASED COMPENSATION PLANS	6 Months Ended
	Dec. 31, 2018
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
SHARE-BASED COMPENSATION PLANS	SHARE-BASED COMPENSATION PLANS Share-based compensation expense is recognized on a straight-line basis over the requisite service period. Total share-based compensation is show in the table below: Three Months Ended Six Months Ended 2018 2017 2018 2017 Equity plan expense $ 4.4 $ 9.0 $ 10.8 $ 17.1 Liability plan (income) expense (2.6 ) 0.4 (2.6 ) (0.9 ) Fringe expense 0.5 0.5 0.5 1.8 Total share-based compensation expense $ 2.3 $ 9.9 $ 8.7 $ 18.0 The share-based compensation expense for the three and six months ended December 31, 2018 of $2.3 and $8.7 , respectively, includes $8.2 and $17.5 expense for the period offset by $(5.9) and $(8.8) income for the period due to significant executive forfeitures of share-based compensation instruments during the period, respectively. As of December 31, 2018 , the total unrecognized share-based compensation expense related to unvested stock options, Series A Preferred Stock and restricted and other share awards is $36.5 , $1.2 and $104.0 , respectively. The unrecognized share-based compensation expense related to unvested stock options, Series A Preferred stock and restricted and other share awards is expected to be recognized over a weighted-average period of 3.74 , 2.97 and 2.59 years, respectively. Restricted Share Units and Other Share Awards On October 1, 2018, the Company’s Board of Directors approved a modification of the vesting schedules for certain RSUs granted during fiscal 2017, 2018 and 2019 to improve the Company’s ability to retain the affected employees, from five year cliff vesting to graded vesting where 60% of each award granted vests after three years, 20% of each award granted vests after four years and 20% of each award granted vests after five years. Five hundred sixty employees held outstanding awards subject to the October 1, 2018 modification. The incremental stock based compensation expense resulting from the modification was $0.5 for the three months ended December 31, 2018 . The Company granted approximately 1.1 million and 6.1 million RSUs and other share awards during the three and six months ended December 31, 2018 , respectively, with a weighted-average grant date fair value per share of $11.34 , which vest, as granted, on the fifth anniversary of the grant date. The Fiscal 2019 Annual Equity Long Term Incentive Plan (“ELTIP”) RSUs, of which 5.0 million RSUs were awarded on September 4, 2018, was modified as noted above. The RSUs granted are accompanied by dividend equivalent rights and, as such, were valued at the closing market price of the Company’s Class A Common Stock on the date of grant. The Company recognized share-based compensation expense of $3.6 and $6.6 for the three months ended December 31, 2018 and 2017 , respectively, and $7.7 and $12.5 for the six months ended December 31, 2018 and 2017 , respectively. Series A Preferred Stock The Company granted no shares of Series A Preferred Stock during the three and six months ended December 31, 2018 . The Company recognized share-based compensation (income) expense of $(4.1) and $0.7 for the three months ended December 31, 2018 and 2017 , respectively, and $(4.2) and $(0.4) for the six months ended December 31, 2018 and 2017 , respectively. Non-Qualified Stock Options The Company granted 2.3 million non-qualified stock options during the three and six months ended December 31, 2018 . The Company recognized share-based compensation expense of $2.8 and $2.6 for the three months ended December 31, 2018 and 2017 , respectively, and $5.2 and $5.9 for the six months ended December 31, 2018 and 2017 , respectively.

NET INCOME (LOSS) ATTRIBUTABLE

NET INCOME (LOSS) ATTRIBUTABLE TO COTY INC. PER COMMON SHARE	6 Months Ended
	Dec. 31, 2018
Earnings Per Share [Abstract]
NET INCOME (LOSS) ATTRIBUTABLE TO COTY INC. PER COMMON SHARE	NET (LOSS) INCOME ATTRIBUTABLE TO COTY INC. PER COMMON SHARE Reconciliation between the numerators and denominators of the basic and diluted income per share (“EPS”) computations is presented below: Three Months Ended Six Months Ended 2018 2017 2018 2017 (in millions, except per share data) Net (loss) income attributable to Coty Inc. $ (960.6 ) $ 109.2 $ (972.7 ) $ 89.5 Weighted-average common shares outstanding—Basic 751.1 749.6 751.0 749.1 Effect of dilutive stock options and Series A Preferred Stock (a) — 1.2 — 1.4 Effect of restricted stock and RSUs (b) — 1.9 — 2.0 Weighted-average common shares outstanding—Diluted 751.1 752.7 751.0 752.5 Net (loss) income attributable to Coty Inc. per common share: Basic $ (1.28 ) $ 0.15 $ (1.30 ) $ 0.12 Diluted (1.28 ) 0.15 (1.30 ) 0.12 (a) For the three and six months ended December 31, 2018 , outstanding stock options and Series A Preferred Stock with purchase or conversion rights to purchase shares of common stock were excluded in the computation of diluted loss per share due to the net loss incurred during the period. For the three and six months ended December 31, 2017 , outstanding stock options and Series A Preferred Stock with purchase or conversion rights to purchase 15.3 million and 13.6 million shares of common stock, respectively, were excluded in the computation of diluted EPS as their inclusion would be anti-dilutive. (b) For the three and six months ended December 31, 2018 , RSUs were excluded in the computation of diluted loss per share due to the net loss incurred during the period. For the three and six months ended December 31, 2017 , 2.6 million and 4.1 million of outstanding RSUs, respectively, were excluded in the computation of diluted EPS as their inclusion would be anti-dilutive.

MANDATORILY REDEEMABLE FINANCIA

MANDATORILY REDEEMABLE FINANCIAL INTERESTS AND REDEEMABLE NONCONTROLLING INTERESTS	6 Months Ended
	Dec. 31, 2018
Noncontrolling Interest [Abstract]
MANDATORILY REDEEMABLE FINANCIAL INTERESTS AND REDEEMABLE NONCONTROLLING INTERESTS	MANDATORILY REDEEMABLE FINANCIAL INTERESTS AND REDEEMABLE NONCONTROLLING INTERESTS Mandatorily Redeemable Financial Interest United Arab Emirates subsidiary The Company is required under a shareholders agreement (the “U.A.E. Shareholders Agreement”) to purchase all of the shares held by the noncontrolling interest holder equal to 25% of a certain subsidiary in the United Arab Emirates (the “U.A.E. subsidiary”) at the termination of the agreement. The Company has determined such shares to be a mandatorily redeemable financial instrument (“MRFI”) that is recorded as a liability. The liability is calculated based upon a pre-determined formula in accordance with the U.A.E. Shareholders Agreement. As of December 31, 2018 and June 30, 2018 , the liability amounted to $7.5 and $8.2 , of which $6.3 and $6.7 , respectively, was recorded in Other noncurrent liabilities and $1.2 and $1.5 , respectively, was recorded in Accrued expenses and other current liabilities in the Condensed Consolidated Balance Sheet. Southeast Asian subsidiary On May 23, 2017, the Company entered into the Sale of Shares and Termination Deed (the “Termination Agreement”) to purchase the remaining 49% noncontrolling interest from the noncontrolling interest holder of a certain Southeast Asian subsidiary for a purchase price of $45.0 . Additionally, all remaining retained earnings will be paid out as dividends prior to the purchase. As a result of the Termination Agreement, the noncontrolling interest balance is recorded as an MRFI. The MRFI balance will be accreted to the redemption value until the effective date of the purchase with changes in the balance being reflected in Other expense, net in the Condensed Consolidated Statements of Operations. As of December 31, 2018 and June 30, 2018 , the MRFI liability amounted to $49.6 and $45.1 , respectively, which was recorded in Accrued expenses and other current liabilities in the Condensed Consolidated Balance Sheet. Redeemable Noncontrolling Interests Younique As of June 30, 2018, the Younique membership holders had a 40.6% membership interest in Foundation, which holds 100% of the units of Younique. During the quarter ended September 30, 2018, additional shares of Foundation were issued to employees of Younique under a stock ownership program and incentive stock grants were granted, resulting in a 0.1% increase to the noncontrolling interest ownership percentage. The impact of the additional shares for the three and six months ended December 31, 2018 was recorded as an increase to redeemable noncontrolling interests (“RNCI”) of $1.6 and a decrease in additional paid-in capital (“APIC”) of $1.6 . The Company accounts for the 40.7% noncontrolling interest portion of Foundation as RNCI due to the noncontrolling interest holder’s right to put their shares to the Company in certain circumstances. While Foundation is a majority-owned consolidated subsidiary, the Company records income tax expense based on the Company’s 59.3% membership interest in Foundation due to its treatment as a partnership for U.S. income tax purposes. Accordingly, Foundation’s net income attributable to RNCI is equal to the 40.7% noncontrolling interest of Foundation’s net income excluding a provision for income taxes. The Company recognized $415.0 and $597.7 as the RNCI balances as of December 31, 2018 and June 30, 2018 , respectively. Subsidiary in the Middle East As of December 31, 2018 , the noncontrolling interest holder in the Company’s subsidiary in the Middle East (“Middle East Subsidiary”) had a 25% ownership share. The Company adjusts the RNCI to redemption value at the end of each reporting period with changes recognized as adjustments to APIC. The Company recognized $70.5 and $63.6 as the RNCI balances as of December 31, 2018 and June 30, 2018 , respectively.

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	6 Months Ended
	Dec. 31, 2018
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	COMMITMENTS AND CONTINGENCIES Legal Matters The Company is involved, from time to time, in various litigation, regulatory, administrative and other legal proceedings, including consumer class or collective actions, personal injury (including asbestos related claims), intellectual property, competition and advertising claims litigation, among others (collectively, “Legal Proceedings”). While the Company cannot predict any final outcomes relating thereto, management believes that the outcome of current Legal Proceedings will not have a material effect upon its business, prospects, financial condition, results of operations, cash flows or the trading price of the Company’s securities. However, management’s assessment of the Company’s current Legal Proceedings is ongoing, and could change in light of the discovery of additional facts with respect to Legal Proceedings not presently known to the Company, further legal analysis, or determinations by judges, arbitrators, juries or other finders of fact or deciders of law which are not in accord with management’s evaluation of the probable liability or outcome of such Legal Proceedings. From time to time, the Company is in discussions with regulators, including discussions initiated by the Company, about actual or potential violations of law in order to remediate or mitigate associated legal or compliance risks and liabilities or penalties. As the outcomes of such proceedings are unpredictable, the Company can give no assurance that the results of any such proceedings will not materially affect its reputation, business, prospects, financial condition, results of operations, cash flows or the trading price of its securities. Brazilian Tax Assessments In connection with a local tax audit of one of the Company’s subsidiaries in Brazil, the Company was notified of tax assessments issued in March of 2018. The assessments relate to local sales tax credits, which the Treasury Office of the State of Goiás considers improperly registered for the 2016-2017 tax periods. The Company is currently seeking a favorable administrative decision on the tax enforcement action filed by the Treasury Office of the State of Goiás. These tax assessments, including estimated interest and penalties, through December 31, 2018 amount to a total of R$249.0 million (approximately $64.1 ). The Company believes it has meritorious defenses and it has not recognized a loss for these assessments as the Company does not believe a loss is probable.

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	6 Months Ended
	Dec. 31, 2018
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	SUBSEQUENT EVENTS Quarterly Dividend On February 8, 2019, the Company announced a quarterly cash dividend of $0.125 per share on its Common Stock, RSUs and phantom units. The dividend will be payable on March 15, 2019 to holders of record of Common Stock as of February 28, 2019, and will be considered a return of capital.

SUMMARY OF SIGNIFICANT ACCOUN_2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	6 Months Ended
	Dec. 31, 2018
Accounting Policies [Abstract]
Fiscal Period	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 2019 ” refer to the fiscal year ending June 30, 2019 .
Basis of Presentation	Basis of Presentation The unaudited interim Condensed Consolidated Financial Statements are presented in accordance with accounting principles generally accepted in the United States of America (“GAAP”) for interim financial information and include the Company’s consolidated domestic and international subsidiaries. Certain information and disclosures normally included in consolidated financial statements prepared in accordance with GAAP have been condensed or omitted. Accordingly, these unaudited interim Condensed Consolidated Financial Statements and accompanying footnotes should be read in conjunction with the Company’s Consolidated Financial Statements as of and for the year ended June 30, 2018 . In the opinion of management, all adjustments, of a normal recurring nature, considered necessary for a fair presentation have been included in the Condensed Consolidated Financial Statements. The results of operations for the three and six months ended December 31, 2018 are not necessarily indicative of the results of operations to be expected for the full fiscal year ending June 30, 2019 . All dollar amounts (other than per share amounts) in the following discussion are in millions of United States (“U.S.”) dollars, unless otherwise indicated.
Restricted Cash	Restricted cash is included as a component of Cash, cash equivalents and restricted cash in the Condensed Consolidated Statement of Cash Flows. Restricted Cash Restricted cash represents funds that are not readily available for general purpose cash needs due to contractual limitations. Restricted cash is classified as a current or long-term asset based on the timing and nature of when or how the cash is expected to be used or when the restrictions are expected to lapse.
Use of Estimates	Use of Estimates 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, pension benefit costs, the assessment of goodwill, other intangible assets and long-lived assets for impairment, income taxes and the fair value of redeemable noncontrolling interests. 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.
Tax Information	Tax Information The effective income tax rate for the three months ended December 31, 2018 and 2017 was (8.9)% and (7.1)% , respectively, and (0.1)% and (47.9)% for the six months ended December 31, 2018 and 2017 , respectively. The change in effective tax rate for the three and six months ended December 31, 2018 , as compared to the prior year periods, is primarily due to goodwill impairment recorded in the current periods that is not tax deductible. The effective income tax rates vary from the U.S. federal statutory rate of 21% due to the effect of (i) jurisdictions with different statutory rates, (ii) adjustments to the Company’s unrealized tax benefits (“UTBs”) and accrued interest, (iii) non-deductible expenses, (iv) audit settlements and (v) valuation allowance changes. On December 22, 2017, “H.R.1”, formerly known as the “Tax Cuts and Jobs Act” (“Tax Act”) was enacted. The Tax Act significantly revises the U.S. corporate income tax system by, amongst other things, reducing the federal tax rate on U.S. earnings to 21% , implementing a modified territorial tax system and imposing a one-time deemed repatriation tax on historical earnings generated by foreign subsidiaries that have not been repatriated to the U.S. On December 22, 2017, the Securities and Exchange Commission (the “SEC”) issued Staff Accounting Bulletin No. 118 (“SAB 118”) which provides guidance on accounting for the tax effects of the Tax Act. SAB 118 provides a measurement period that should not extend beyond one year from the enactment date of the Tax Act for companies to complete the accounting under ASC 740. The Company recorded its initial estimate of the impact of the Tax Act in fiscal 2018. This estimate was a charge of approximately $41.0 as a result of utilizing tax attributes (e.g., net operating losses and foreign tax credits) to fully offset the cash impact of the one-time deemed repatriation tax. During fiscal 2019, the Company finalized its estimate of the impact of the Tax Act and no additional adjustments were required. The Tax Act requires a U.S. shareholder of a foreign corporation to include in income its global intangible low-taxed income (“GILTI”). In general, GILTI is described as the excess of a U.S. shareholder’s total net foreign income over a deemed return on tangible assets. As a result of recently released Financial Accounting Standards Board (“FASB”) guidance, an entity may choose to recognize deferred taxes for temporary differences expected to reverse as GILTI in future years or an entity can elect to treat GILTI as a period cost and include it in the tax expense of the year it is incurred. As such, the Company has elected to treat the tax on GILTI as a tax expense in the year it is incurred rather than recognizing deferred taxes. The Company has estimated the impact from GILTI for fiscal 2019 to be immaterial. Additionally, the Tax Act created the Base Erosion Anti-Abuse Tax (“BEAT”), a new minimum tax on taxable income adjusted for certain base erosion payments. The Company does not presently expect that it will be subject to the minimum tax imposed by the BEAT provisions for fiscal 2019.
Recently Adopted and Issued Accounting Pronouncements	Recently Adopted Accounting Pronouncements In May 2014, the FASB issued Accounting Standards Update (“ASU”) No. 2014-09, Revenue from Contracts with Customers (Topic 606) , which implements a common revenue model that will enhance comparability across industries and require enhanced disclosures. The Company adopted this new standard on July 1, 2018. See Note 3 — Revenue Recognition for more information on the effects of the adoption of this standard. In October 2016, the FASB issued ASU No. 2016-16, Income Taxes (Topic 740): Intra-Entity Transfers of Assets Other Than Inventory, which requires entities to recognize the income tax consequences of an intra-entity transfer of an asset, other than inventory, when the transfer occurs. The Company adopted the standard in the first quarter of fiscal 2019 using the modified retrospective transition method and recognized tax expense, as an adjustment to the July 1, 2018 accumulated deficit balance of $7.6 and $120.8 that were previously deferred in Prepaid expenses and other current assets and Other noncurrent assets, respectively. The recognition of this tax expense was partially offset by a previously unrecognized deferred tax asset of $15.8 , resulting in a cumulative-effect adjustment of $112.6 as an increase to the July 1, 2018 accumulated deficit balance. In January 2017, the FASB issued ASU No. 2017-01, Business Combinations (Topic 805): Clarifying the Definition of a Business, which provides an updated model for determining if acquired assets and liabilities constitute a business. In a business combination, the acquired assets and liabilities are recognized at fair value and goodwill could be recognized. In an asset acquisition, the assets are allocated value based on relative fair value and no goodwill is recognized. The ASU narrows the definition of a business. The Company adopted the standard in the first quarter of fiscal 2019 on a prospective basis. The adoption of this guidance did not have an impact on the Company’s Condensed Consolidated Financial Statements. In January 2017, the FASB issued ASU No. 2017-04, Intangibles — Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment , which simplifies the subsequent measurement of goodwill by eliminating step two from the goodwill impairment test. The Company early adopted the ASU during the first quarter of fiscal 2019. As of July 1, 2018, the adoption of this guidance did not have a material impact on the Company’s Condensed Consolidated Financial Statements. In March 2017, the FASB issued ASU No. 2017-07, Compensation — Retirement Benefits (Topic 715): Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost (“ASU No. 2017-07”), which requires employers to report the service cost component of net periodic benefit cost in the same line item or items as other compensation costs arising from services rendered by the underlying employees during the period. The other components of net periodic benefit cost are required to be reported separately and outside of operating income. In addition, only the service cost component would be eligible for capitalization in assets. The new guidance also allows a practical expedient that permits employers to use the amounts disclosed in its pension and other postretirement benefit plan note for the prior comparative periods as the estimation basis for applying the retrospective presentation requirements. The Company adopted this standard during the first quarter of fiscal 2019 and retrospectively applied it to each prior period presented. In doing so, as a practical expedient, the Company used the prior comparative period Employee Benefit Plans footnote (see Note 12 ). The following table presents our results under our historical method of accounting and as adjusted to reflect our adoption of ASU No. 2017-07: Three Months Ended Six Months Ended As Previously Reported Effect of Adoption of ASU No. 2017-07 As Adjusted As Previously Reported Effect of Adoption of ASU No. 2017-07 As Adjusted Cost of sales $ 1,025.0 $ (0.1 ) $ 1,024.9 $ 1,899.3 $ (0.2 ) $ 1,899.1 Selling, general and administrative expenses 1,319.9 (0.7 ) 1,319.2 2,511.7 (1.4 ) 2,510.3 Operating income 174.4 0.8 175.2 203.1 1.6 204.7 Other expense, net 3.4 0.8 4.2 7.1 1.6 8.7 Net income 118.6 — 118.6 102.5 — 102.5 In May 2017, the FASB issued ASU No. 2017-09, Compensation — Stock Compensation (Topic 718): Scope of Modification Accounting, which narrows the scope of changes in grant terms that would require modification accounting. The Company adopted this standard during the first quarter of fiscal 2019 on a prospective basis. The adoption did not have an effect on the Company’s Condensed Consolidated Financial Statements. In August 2018, the FASB issued ASU No. 2018-15, Intangibles — Goodwill and Other — Internal-Use Software (Subtopic 350-40) , which aligns the requirements for capitalizing implementation costs incurred in a hosting arrangement that is a service contract with the requirements for capitalizing implementation costs incurred to develop or obtain internal-use software (and hosting arrangements that include an internal-use software license). The Company adopted the standard in the first quarter of fiscal 2019 on a prospective basis. The adoption of this guidance did not have a material impact on the Company’s Condensed Consolidated Financial Statements. Recently Issued Accounting Pronouncements In August 2018, the FASB issued ASU No. 2018-14, Compensation—Retirement Benefits—Defined Benefit Plans—General (Subtopic 715-20): Disclosure Framework—Changes to the Disclosure Requirements for Defined Benefit Plans , which modified the disclosure requirements by removing, modifying and clarifying disclosures related to defined benefit plans. The amendment will be effective for the Company in fiscal 2021 with early adoption permitted. The Company is evaluating the impact this guidance will have on the Company’s Condensed Consolidated Financial Statements and related disclosures. In August 2018, the FASB issued ASU No. 2018-13, Fair Value Measurement (Topic 820): Disclosure Framework—Changes to the Disclosure Requirements for Fair Value Measurement , which modified the disclosure requirements by removing, modifying and adding disclosures related to fair value measurements. The amendment will be effective for the Company in fiscal 2021 with early adoption permitted. The Company is evaluating the impact this guidance will have on the Company’s Condensed Consolidated Financial Statements and related disclosures. In June 2016, the FASB issued ASU No. 2016-13, Financial Instruments-Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments (“ASU No. 2016-13”), which requires that a financial asset (or a group of financial assets) measured at an amortized cost basis be presented at the net amount expected to be collected. This approach to estimating credit losses applies to most financial assets measured at amortized cost and certain other instruments, including but not limited to, trade and other receivables. In November 2018, the FASB issued ASU No. 2018-19, Codification Improvements to Topic 326, Financial Instruments-Credit Losses , which clarifies the scope of the guidance in ASU No. 2016-13. The amendment will be effective for the Company in fiscal 2021 with early adoption permitted. The Company is evaluating the impact this guidance will have on the Company’s Condensed Consolidated Financial Statements and related disclosures. In February 2016, the FASB issued ASU No. 2016-02, Leases (Topic 842) , which requires that a lessee recognize the assets and liabilities that arise from operating leases. A lessee should recognize in its balance sheet a liability to make lease payments (the lease liability) and a right-of-use asset representing its right to use the underlying asset for the lease term. For leases with a term of 12 months or less, a lessee is permitted to make an accounting policy election by class of underlying asset not to recognize lease assets and lease liabilities. Lessees and lessors have the option to recognize and measure leases at the beginning of the earliest period presented using a modified retrospective approach or to initially apply the new leases standard at the adoption date and recognize a cumulative-effect adjustment to the opening balance of retained earnings in the period of adoption. The amendment will be effective for the Company in fiscal 2020 with early adoption permitted. The Company has selected the transition method provided by the authoritative guidance in ASU No. 2018-11, Leases (Topic 842) , and will recognize a cumulative-effect adjustment to the opening balance of retained earnings in the period of adoption. The Company has an implementation team in place that is performing a comprehensive evaluation of the impact the standard will have on the Company’s Condensed Consolidated Financial Statements and related disclosures. The evaluation includes assessing the Company’s lease portfolio, the implementation of new software to meet reporting requirements and the impact to business processes. In December 2018, the FASB issued ASU No. 2018-20, Leases (Topic 842): Narrow-Scope Improvements for Lessors , which provides lessors the election to consider certain sales and similar taxes as lessee costs and exclude them from consideration in the contract, requires lessors to exclude certain lessor costs paid directly to third parties from expenses and related revenues, and requires the allocation of certain variable payments to the lease and nonlease components when changes in facts and circumstances related to the payments occur. The amendment will be effective for the Company in fiscal 2020 with early adoption permitted. The Company is evaluating the impact this guidance will have on the Company’s Condensed Consolidated Financial Statements and related disclosures.
Derivative Instruments	Foreign Exchange Risk The Company is exposed to foreign currency exchange fluctuations through its global operations. The Company may reduce its exposure to fluctuations in the cash flows associated with changes in foreign exchange rates by creating offsetting positions through the use of derivative instruments and also by designating foreign currency denominated borrowings as hedges of net investments in foreign subsidiaries. The Company expects that through hedging, any gain or loss on the derivative instruments would generally offset the expected increase or decrease in the value of the underlying forecasted transactions. The Company entered into derivatives for which hedge accounting treatment has been applied which the Company anticipates realizing in the Consolidated Statements of Operations through fiscal 2019. Interest Rate Risk The Company is exposed to interest rate fluctuations related to its variable rate debt instruments. The Company may reduce its exposure to fluctuations in the cash flows associated with changes in the variable interest rates by entering into offsetting positions through the use of derivative instruments, such as interest rate swap contracts. The interest rate swap contracts result in recognizing a fixed interest rate for the portion of the Company’s variable rate debt that was hedged. This will reduce the negative and positive impacts of changes in the variable rates over the term of the contracts. Hedge effectiveness of interest rate swap contracts is based on a long-haul hypothetical derivative methodology and includes all changes in value.

SUMMARY OF SIGNIFICANT ACCOUN_3

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	6 Months Ended
	Dec. 31, 2018
Accounting Policies [Abstract]
Schedule of new accounting pronouncements	The following table presents our results under our historical method of accounting and as adjusted to reflect our adoption of ASU No. 2017-07: Three Months Ended Six Months Ended As Previously Reported Effect of Adoption of ASU No. 2017-07 As Adjusted As Previously Reported Effect of Adoption of ASU No. 2017-07 As Adjusted Cost of sales $ 1,025.0 $ (0.1 ) $ 1,024.9 $ 1,899.3 $ (0.2 ) $ 1,899.1 Selling, general and administrative expenses 1,319.9 (0.7 ) 1,319.2 2,511.7 (1.4 ) 2,510.3 Operating income 174.4 0.8 175.2 203.1 1.6 204.7 Other expense, net 3.4 0.8 4.2 7.1 1.6 8.7 Net income 118.6 — 118.6 102.5 — 102.5 The following table summarizes the impacts of adopting the New Revenue Standard on the Condensed Consolidated Statements of Operations for the Six Months Ended December 31, 2018 : As reported (New Revenue Standard) Current period adjustments As adjusted (previous revenue standard) Net revenues $ 4,542.5 $ (16.7 ) $ 4,525.8 Selling, general and administrative expenses 2,406.3 1.3 2,407.6 Net loss (966.1 ) (13.4 ) (979.5 ) Net loss attributable to Coty Inc. (972.7 ) (13.6 ) (986.3 ) Net loss attributable to Coty Inc. per common share: Basic $ (1.30 ) $ (0.02 ) $ (1.32 ) Diluted (1.30 ) (0.02 ) (1.32 ) The cumulative effects of the revenue accounting changes on the Company's Condensed Consolidated Balance Sheet as of July 1, 2018 were as follows: June 30, 2018 Adjustments July 1, 2018 ASSETS Property and equipment, net $ 1,680.8 $ (6.2 ) $ 1,674.6 Deferred income taxes 107.4 0.6 108.0 Other noncurrent assets 299.5 6.9 306.4 LIABILITIES AND EQUITY Current liabilities: Accrued expenses and other current liabilities $ 1,844.4 $ 20.7 $ 1,865.1 Deferred income taxes 842.5 (1.2 ) 841.3 Accumulated deficit (626.2 ) (18.2 ) (644.4 ) The following table summarizes the impacts of adopting the New Revenue Standard on the Condensed Consolidated Statements of Operations for the Three Months Ended December 31, 2018 : As reported (New Revenue Standard) Current period adjustments As adjusted (previous revenue standard) Net revenues $ 2,511.2 $ (23.9 ) $ 2,487.3 Selling, general and administrative expenses 1,284.0 0.2 1,284.2 Net loss (956.0 ) (18.3 ) (974.3 ) Net loss attributable to Coty Inc. (960.6 ) (18.1 ) (978.7 ) Net loss attributable to Coty Inc. per common share: Basic $ (1.28 ) $ (0.02 ) $ (1.30 ) Diluted (1.28 ) (0.02 ) (1.30 )

REVENUE RECOGNITION (Tables)

REVENUE RECOGNITION (Tables)	6 Months Ended
	Dec. 31, 2018
Revenue from Contract with Customer [Abstract]
Schedule of new accounting pronouncements	The following table presents our results under our historical method of accounting and as adjusted to reflect our adoption of ASU No. 2017-07: Three Months Ended Six Months Ended As Previously Reported Effect of Adoption of ASU No. 2017-07 As Adjusted As Previously Reported Effect of Adoption of ASU No. 2017-07 As Adjusted Cost of sales $ 1,025.0 $ (0.1 ) $ 1,024.9 $ 1,899.3 $ (0.2 ) $ 1,899.1 Selling, general and administrative expenses 1,319.9 (0.7 ) 1,319.2 2,511.7 (1.4 ) 2,510.3 Operating income 174.4 0.8 175.2 203.1 1.6 204.7 Other expense, net 3.4 0.8 4.2 7.1 1.6 8.7 Net income 118.6 — 118.6 102.5 — 102.5 The following table summarizes the impacts of adopting the New Revenue Standard on the Condensed Consolidated Statements of Operations for the Six Months Ended December 31, 2018 : As reported (New Revenue Standard) Current period adjustments As adjusted (previous revenue standard) Net revenues $ 4,542.5 $ (16.7 ) $ 4,525.8 Selling, general and administrative expenses 2,406.3 1.3 2,407.6 Net loss (966.1 ) (13.4 ) (979.5 ) Net loss attributable to Coty Inc. (972.7 ) (13.6 ) (986.3 ) Net loss attributable to Coty Inc. per common share: Basic $ (1.30 ) $ (0.02 ) $ (1.32 ) Diluted (1.30 ) (0.02 ) (1.32 ) The cumulative effects of the revenue accounting changes on the Company's Condensed Consolidated Balance Sheet as of July 1, 2018 were as follows: June 30, 2018 Adjustments July 1, 2018 ASSETS Property and equipment, net $ 1,680.8 $ (6.2 ) $ 1,674.6 Deferred income taxes 107.4 0.6 108.0 Other noncurrent assets 299.5 6.9 306.4 LIABILITIES AND EQUITY Current liabilities: Accrued expenses and other current liabilities $ 1,844.4 $ 20.7 $ 1,865.1 Deferred income taxes 842.5 (1.2 ) 841.3 Accumulated deficit (626.2 ) (18.2 ) (644.4 ) The following table summarizes the impacts of adopting the New Revenue Standard on the Condensed Consolidated Statements of Operations for the Three Months Ended December 31, 2018 : As reported (New Revenue Standard) Current period adjustments As adjusted (previous revenue standard) Net revenues $ 2,511.2 $ (23.9 ) $ 2,487.3 Selling, general and administrative expenses 1,284.0 0.2 1,284.2 Net loss (956.0 ) (18.3 ) (974.3 ) Net loss attributable to Coty Inc. (960.6 ) (18.1 ) (978.7 ) Net loss attributable to Coty Inc. per common share: Basic $ (1.28 ) $ (0.02 ) $ (1.30 ) Diluted (1.28 ) (0.02 ) (1.30 )

SEGMENT REPORTING (Tables)

SEGMENT REPORTING (Tables)	6 Months Ended
	Dec. 31, 2018
Segment Reporting [Abstract]
Schedule of reportable segments	Three Months Ended Six Months Ended SEGMENT DATA 2018 2017 2018 2017 Net revenues: Luxury $ 1,017.5 $ 951.2 $ 1,810.4 $ 1,715.6 Consumer Beauty 967.8 1,138.6 1,796.6 2,182.0 Professional Beauty 525.9 547.8 935.5 978.3 Total $ 2,511.2 $ 2,637.6 $ 4,542.5 $ 4,875.9 Operating income (loss): Luxury $ 113.6 $ 85.1 $ 162.3 $ 141.8 Consumer Beauty (906.9 ) 99.3 (925.5 ) 161.2 Professional Beauty 73.8 73.5 78.8 71.8 Corporate (85.1 ) (82.7 ) (140.9 ) (170.1 ) Total $ (804.6 ) $ 175.2 $ (825.3 ) $ 204.7 Reconciliation: Operating (loss) income $ (804.6 ) $ 175.2 $ (825.3 ) $ 204.7 Interest expense, net 68.3 60.3 132.4 126.7 Other expense, net 4.8 4.2 7.5 8.7 (Loss) income before income taxes $ (877.7 ) $ 110.7 $ (965.2 ) $ 69.3
Schedule of product categories exceeding 5% of consolidated net revenues	Presented below are the percentage of revenues associated with the Company’s product categories: Three Months Ended Six Months Ended PRODUCT CATEGORY 2018 2017 2018 2017 Fragrance 43.5 % 40.7 % 42.3 % 39.1 % Color Cosmetics 23.3 24.1 24.7 26.3 Hair Care 24.4 24.5 24.3 24.2 Skin & Body Care 8.8 10.7 8.7 10.4 Total Coty Inc. 100.0 % 100.0 % 100.0 % 100.0 %

BUSINESS COMBINATIONS (Tables)

BUSINESS COMBINATIONS (Tables)	6 Months Ended
	Dec. 31, 2018
Business Combinations [Abstract]
Schedule of the allocation of the purchase price to net assets acquired	The following table summarizes the allocation of the purchase price to the net assets of the Burberry Beauty Business as of the October 2, 2017 acquisition date: Estimated (a) Measurement period adjustments (b) Final fair value as adjusted Estimated Inventories $ 47.9 $ — $ 47.9 Property, plant and equipment 5.8 — 5.8 1 - 3 License and distribution rights 177.8 6.7 184.5 3 - 15 Goodwill 34.9 (9.4 ) 25.5 Indefinite Net other liabilities (10.1 ) 2.7 (7.4 ) Total purchase price $ 256.3 $ — $ 256.3 (a) As previously reported in the Company’s Annual Report on Form 10-K for the fiscal year ended June 30, 2018. (b) The Company recorded measurement period adjustments in the first quarter of fiscal 2019. The measurement period adjustments related to an increase in the value of the License and distribution rights due to changes in assumptions that were used at the date of acquisition for valuation purposes. The measurement period adjustment related to the decrease in net other liabilities acquired was a result of obtaining new facts and circumstances about acquired accrued expenses that existed as of the acquisition date. All measurement period adjustments were offset against Goodwill.

RESTRUCTURING COSTS (Tables)

RESTRUCTURING COSTS (Tables)	6 Months Ended
	Dec. 31, 2018
Restructuring and Related Activities [Abstract]
Restructuring costs	Restructuring costs for the three and six months ended December 31, 2018 and 2017 are presented below: Three Months Ended Six Months Ended 2018 2017 2018 2017 Global Integration Activities $ 22.2 $ 15.1 $ 28.7 $ 24.9 2018 Restructuring Actions (0.3 ) 10.8 8.8 11.9 Other Restructuring (0.4 ) (4.2 ) (0.5 ) (3.9 ) Total $ 21.5 $ 21.7 $ 37.0 $ 32.9 Of the expected costs, the Company incurred cumulative restructuring charges of $77.2 related to approved initiatives through December 31, 2018 , primarily related to role eliminations in Europe and North America, which have been recorded in Corporate. The following table presents aggregate restructuring charges for the program: Severance and Employee Benefits Third-Party Contract Terminations Fixed Asset Write-offs Other Exit Costs Total Fiscal 2018 $ 63.5 $ 0.2 $ 1.3 $ 3.4 $ 68.4 Fiscal 2019 7.9 — — 0.9 8.8 Cumulative through December 31, 2018 $ 71.4 $ 0.2 $ 1.3 $ 4.3 $ 77.2 Of the expected costs, the Company has incurred cumulative restructuring charges of $499.4 related to approved initiatives through December 31, 2018 , which have been recorded in Corporate. The following table presents aggregate restructuring charges for the program: Severance and Employee Benefits Third-Party Contract Terminations Fixed Asset Write-offs Other Exit Costs Total Fiscal 2017 $ 333.9 $ 22.4 $ 4.6 $ 3.3 $ 364.2 Fiscal 2018 67.5 19.3 14.3 5.4 106.5 Fiscal 2019 1.6 1.8 23.8 1.5 28.7 Cumulative through December 31, 2018 $ 403.0 $ 43.5 $ 42.7 $ 10.2 $ 499.4
Schedule of related liability balance and restructuring costs	The related liability balance and activity of restructuring costs for the 2018 Restructuring Actions are presented below: Severance and Employee Benefits Third-Party Contract Terminations Other Exit Costs Total Program Costs Balance—July 1, 2018 $ 48.0 $ 0.2 $ 3.3 $ 51.5 Restructuring charges 9.2 — 0.9 10.1 Payments (30.4 ) — (1.3 ) (31.7 ) Changes in estimates (1.3 ) — — (1.3 ) Effect of exchange rates (0.7 ) — — (0.7 ) Balance—December 31, 2018 $ 24.8 $ 0.2 $ 2.9 $ 27.9 The related liability balance and activity for the Global Integration Activities restructuring costs are presented below: Severance and Third-Party Fixed Asset Write-offs Other Total Balance—July 1, 2018 $ 203.0 $ 17.0 $ — $ 3.1 $ 223.1 Restructuring charges 7.1 1.8 23.8 1.7 34.4 Payments (75.7 ) (6.1 ) — (2.2 ) (84.0 ) Changes in estimates (5.5 ) — — (0.2 ) (5.7 ) Non-cash utilization — — (23.8 ) — (23.8 ) Effect of exchange rates (1.5 ) — — — (1.5 ) Balance—December 31, 2018 $ 127.4 $ 12.7 $ — $ 2.4 $ 142.5

INVENTORIES (Tables)

INVENTORIES (Tables)	6 Months Ended
	Dec. 31, 2018
Inventory Disclosure [Abstract]
Schedule of inventory	Inventories as of December 31, 2018 and June 30, 2018 are presented below: December 31, June 30, Raw materials $ 289.6 $ 278.6 Work-in-process 18.4 21.8 Finished goods 856.6 848.5 Total inventories $ 1,164.6 $ 1,148.9

GOODWILL AND OTHER INTANGIBLE_2

GOODWILL AND OTHER INTANGIBLE ASSETS, NET (Tables)	6 Months Ended
	Dec. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of goodwill	Goodwill as of December 31, 2018 and June 30, 2018 is presented below: Luxury Consumer Beauty Professional Beauty Total Gross balance at June 30, 2018 $ 3,366.6 $ 4,927.5 $ 953.8 $ 9,247.9 Accumulated impairments (403.7 ) (237.1 ) — (640.8 ) Net balance at June 30, 2018 $ 2,962.9 $ 4,690.4 $ 953.8 $ 8,607.1 Changes during the period ended December 31, 2018: Measurement period adjustments (a) (10.5 ) 0.6 0.5 (9.4 ) Foreign currency translation (30.2 ) (51.5 ) (18.5 ) (100.2 ) Impairment charges — (832.5 ) — (832.5 ) Gross balance at December 31, 2018 $ 3,325.9 $ 4,876.6 $ 935.8 $ 9,138.3 Accumulated impairments (403.7 ) (1,069.6 ) — (1,473.3 ) Net balance at December 31, 2018 $ 2,922.2 $ 3,807.0 $ 935.8 $ 7,665.0 (a) Includes measurement period adjustments in connection with the Burberry Beauty Business acquisition (Refer to Note 5 — Business Combinations ).
Schedule of finite-lived intangible assets	Other intangible assets, net as of December 31, 2018 and June 30, 2018 are presented below: December 31, 2018 June 30, Indefinite-lived other intangible assets $ 3,052.0 $ 3,186.2 Finite-lived other intangible assets, net 4,877.4 5,098.2 Total Other intangible assets, net $ 7,929.4 $ 8,284.4 Intangible assets subject to amortization are presented below: Cost Accumulated Amortization Accumulated Impairment Net June 30, 2018 License agreements $ 3,362.7 $ (792.9 ) $ — $ 2,569.8 Customer relationships 1,960.5 (508.7 ) (5.5 ) 1,446.3 Trademarks 1,002.1 (185.5 ) (0.4 ) 816.2 Product formulations and technology 361.2 (95.3 ) — 265.9 Total $ 6,686.5 $ (1,582.4 ) $ (5.9 ) $ 5,098.2 December 31, 2018 License agreements (a) $ 3,259.9 $ (810.7 ) $ (19.6 ) $ 2,429.6 Customer relationships (a) 1,949.7 (572.0 ) (5.5 ) 1,372.2 Trademarks (b) 1,040.2 (207.1 ) (0.4 ) 832.7 Product formulations and technology 353.9 (111.0 ) — 242.9 Total $ 6,603.7 $ (1,700.8 ) $ (25.5 ) $ 4,877.4 (a) Includes measurement period adjustments during the six months ended December 31, 2018 in connection with the Burberry Beauty Business acquisition (Refer to Note 5 — Business Combinations ). (b) Includes an acquired trademark of $40.8 .
Schedule of indefinite-lived intangible assets	Other intangible assets, net as of December 31, 2018 and June 30, 2018 are presented below: December 31, 2018 June 30, Indefinite-lived other intangible assets $ 3,052.0 $ 3,186.2 Finite-lived other intangible assets, net 4,877.4 5,098.2 Total Other intangible assets, net $ 7,929.4 $ 8,284.4 The changes in the carrying amount of indefinite-lived other intangible assets are presented below: Luxury Consumer Beauty Professional Beauty Total Gross balance at June 30, 2018 $ 414.6 $ 1,703.1 $ 1,266.3 $ 3,384.0 Accumulated impairments (118.8 ) (75.9 ) (3.1 ) (197.8 ) Net balance at June 30, 2018 295.8 1,627.2 1,263.2 3,186.2 Changes during the period ended December 31, 2018: Foreign currency translation (5.8 ) (7.1 ) (7.7 ) (20.6 ) Impairment charges (22.8 ) (90.8 ) — (113.6 ) Gross balance at December 31, 2018 408.8 1,696.0 1,258.6 3,363.4 Accumulated impairments (141.6 ) (166.7 ) (3.1 ) (311.4 ) Net balance at December 31, 2018 $ 267.2 $ 1,529.3 $ 1,255.5 $ 3,052.0

DEBT (Tables)

DEBT (Tables)	6 Months Ended
	Dec. 31, 2018
Debt Disclosure [Abstract]
Schedule of debt	The Company’s debt balances consisted of the following as of December 31, 2018 and June 30, 2018 , respectively: December 31, 2018 June 30, Short-term debt $ 54.3 $ 9.2 2018 Coty Credit Agreement 2018 Coty Revolving Credit Facility due April 2023 783.9 368.1 2018 Coty Term A Facility due April 2023 3,242.6 3,371.5 2018 Coty Term B Facility due April 2025 2,359.6 2,390.5 Senior Unsecured Notes 2026 Dollar Notes due April 2026 550.0 550.0 2023 Euro Notes due April 2023 628.6 640.9 2026 Euro Notes due April 2026 285.7 291.4 Other long-term debt and capital lease obligations 1.3 1.6 Total debt 7,906.0 7,623.2 Less: Short-term debt and current portion of long-term debt (255.7 ) (218.9 ) Total Long-term debt 7,650.3 7,404.3 Less: Unamortized debt issuance costs (a) (77.7 ) (86.2 ) Less: Discount on Long-term debt (11.7 ) (12.7 ) Total Long-term debt, net $ 7,560.9 $ 7,305.4 (a) Consists of unamortized debt issuance costs of $28.0 and $31.4 for the 2018 Coty Revolving Credit Facility, $26.1 and $29.2 for the 2018 Coty Term A Facility and $10.1 and $10.9 for the 2018 Coty Term B Facility, $7.7 and $8.3 for the 2026 Dollar and Euro Notes and $5.8 and $6.4 for the 2023 Euro Notes as of December 31, 2018 and June 30, 2018 , respectively.
Schedule of line of credit facilities	Fair Value of Debt December 31, 2018 June 30, 2018 Carrying Fair Carrying Fair 2018 Coty Credit Agreement 6,386.1 5,947.8 6,130.1 6,070.8 Senior Unsecured Notes 1,464.3 1,278.3 1,482.3 1,449.9
Schedule of maturities of long-term debt	Aggregate maturities of the Company’s long-term debt, including the current portion of long-term debt and excluding capital lease obligations as of December 31, 2018 , are presented below: Fiscal Year Ending June 30, 2019, remaining $ 95.0 2020 190.0 2021 190.0 2022 190.0 2023 4,096.8 Thereafter 3,088.6 Total $ 7,850.4
Summary total net leverage ratio requirement	In the case of the 2018 Coty Revolving Credit Facility and the 2018 Coty Term A Facility, the applicable margin means the lesser of a percentage per annum to be determined in accordance with the leverage-based pricing grid and the debt rating-based grid below: Pricing Tier Total Net Leverage Ratio: LIBOR plus: Alternative Base Rate Margin: 1.0 Greater than or equal to 4.75:1 2.000% 1.000% 2.0 Less than 4.75:1 but greater than or equal to 4.00:1 1.750% 0.750% 3.0 Less than 4.00:1 but greater than or equal to 2.75:1 1.500% 0.500% 4.0 Less than 2.75:1 but greater than or equal to 2.00:1 1.250% 0.250% 5.0 Less than 2.00:1 but greater than or equal to 1.50:1 1.125% 0.125% 6.0 Less than 1.50:1 1.000% —% Pricing Tier Debt Ratings S&P/Moody’s: LIBOR plus: Alternative Base Rate Margin: 5.0 Less than BB+/Ba1 2.000% 1.000% 4.0 BB+/Ba1 1.750% 0.750% 3.0 BBB-/Baa3 1.500% 0.500% 2.0 BBB/Baa2 1.250% 0.250% 1.0 BBB+/Baa1 or higher 1.125% 0.125% With certain exceptions as described below, the 2018 Coty Credit Agreement includes a financial covenant that requires us to maintain a Total Net Leverage Ratio (as defined below), equal to or less than the ratios shown below for each respective test period. Quarterly Test Period Ending Total Net Leverage Ratio (a) December 31, 2018 5.50 to 1.00 March 31, 2019 through June 30, 2019 5.25 to 1.00 September 30, 2019 through December 31, 2019 5.00 to 1.00 March 31, 2020 through June 30, 2020 4.75 to 1.00 September 30, 2020 through December 31, 2020 4.50 to 1.00 March 31, 2021 through June 30, 2021 4.25 to 1.00 September 30, 2021 through June 30, 2023 4.00 to 1.00 (a) Total Net Leverage Ratio means, as of any date of determination, the ratio of: (a) (i) Total Indebtedness minus (ii) unrestricted cash and Cash Equivalents of the Parent Borrower and its Restricted Subsidiaries as determined in accordance with GAAP to (b) Adjusted earnings before interest, taxes, depreciation and amortization (“Adjusted EBITDA”) for the most recently ended Test Period (each of the defined terms, including Adjusted EBITDA, used within the definition of Total Net Leverage Ratio have the meanings ascribed to them within the 2018 Coty Credit Agreement). Adjusted EBITDA as defined in the 2018 Coty Credit Agreement includes certain add backs related to cost savings, operating expense reductions and future unrealized synergies subject to certain limits and conditions as specified in the 2018 Coty Credit Agreement.

INTEREST EXPENSE, NET (Tables)

INTEREST EXPENSE, NET (Tables)	6 Months Ended
	Dec. 31, 2018
Interest Income (Expense), Net [Abstract]
Interest expense, net	Interest expense, net for the three and six months ended December 31, 2018 and 2017 is presented below: Three Months Ended Six Months Ended 2018 2017 2018 2017 Interest expense $ 74.1 $ 69.6 $ 146.5 $ 137.0 Foreign exchange gains, net of derivative contracts (0.2 ) (6.9 ) (3.8 ) (5.9 ) Interest income (5.6 ) (2.4 ) (10.3 ) (4.4 ) Total interest expense, net $ 68.3 $ 60.3 $ 132.4 $ 126.7

EMPLOYEE BENEFIT PLANS (Tables)

EMPLOYEE BENEFIT PLANS (Tables)	6 Months Ended
	Dec. 31, 2018
Retirement Benefits [Abstract]
Schedule of net benefit costs	The components of net periodic benefit cost for pension plans and other post-employment benefit plans recognized in the Condensed Consolidated Statements of Operations are presented below: Three Months Ended December 31, Pension Plans Other Post- Employment Benefits U.S. International Total 2018 2017 2018 2017 2018 2017 2018 2017 Service cost $ — $ — $ 8.6 $ 9.8 $ 0.3 $ 0.5 $ 8.9 $ 10.3 Interest cost 0.2 0.1 3.3 3.1 0.5 0.6 4.0 3.8 Expected return on plan assets — — (2.1 ) (1.9 ) — — (2.1 ) (1.9 ) Amortization of prior service cost (credit) — — 0.1 0.1 (1.5 ) (1.4 ) (1.4 ) (1.3 ) Amortization of net (gain) loss (0.2 ) (0.1 ) (0.1 ) 0.4 — (0.1 ) (0.3 ) 0.2 Net periodic benefit cost (credit) $ — $ — $ 9.8 $ 11.5 $ (0.7 ) $ (0.4 ) $ 9.1 $ 11.1 Six Months Ended December 31, Pension Plans Other Post- U.S. International Total 2018 2017 2018 2017 2018 2017 2018 2017 Service cost $ — $ — $ 16.8 $ 19.6 $ 0.6 $ 1.0 $ 17.4 $ 20.6 Interest cost 0.4 0.3 6.6 6.2 1.0 1.2 8.0 7.7 Expected return on plan assets — — (4.2 ) (3.8 ) — — (4.2 ) (3.8 ) Amortization of prior service cost (credit) — — 0.2 0.2 (3.0 ) (2.8 ) (2.8 ) (2.6 ) Amortization of net (gain) loss (0.4 ) (0.3 ) 0.2 0.7 — (0.1 ) (0.2 ) 0.3 Net periodic benefit cost (credit) $ — $ — $ 19.6 $ 22.9 $ (1.4 ) $ (0.7 ) $ 18.2 $ 22.2

DERIVATIVE INSTRUMENTS (Tables)

DERIVATIVE INSTRUMENTS (Tables)	6 Months Ended
	Dec. 31, 2018
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Amount of gains and losses recognized in OCI	The amount of gains and losses recognized in Other comprehensive income (loss) (“OCI”) in the Condensed Consolidated Balance Sheets related to the Company’s derivative and non-derivative financial instruments which are designated as hedging instruments is presented below: Gain (Loss) Recognized in OCI Three Months Ended Six Months Ended 2018 2017 2018 2017 Foreign exchange forward contracts $ 0.4 $ 0.3 $ 0.4 $ (0.2 ) Interest rate swap contracts (21.0 ) 11.0 (15.9 ) 11.5 Net investment hedge 74.3 (10.9 ) 78.6 (33.0 )
Amount of gains and losses reclassified from AOCI	The amount of gains and losses reclassified from AOCI/(L) to the Condensed Consolidated Statements of Operations related to the Company’s derivative financial instruments which are designated as hedging instruments is presented below: Condensed Consolidated Statements of Operations Three Months Ended Six Months Ended 2018 2017 2018 2017 Foreign exchange forward contracts: Net revenues $ — $ 0.2 $ — $ 0.4 Cost of sales — 0.4 — 0.5 Interest rate swap contracts: Interest expense $ 3.9 $ (0.6 ) $ 7.7 $ (0.9 )
Derivatives not designated as hedging	The amount of gains and losses related to the Company’s derivative financial instruments not designated as hedging instruments is presented below: Condensed Consolidated Statements of Operations Three Months Ended Six Months Ended 2018 2017 2018 2017 Selling, general and administrative expenses $ 0.1 $ 0.3 $ 0.1 $ (0.9 ) Interest expense, net (5.6 ) 5.0 (1.6 ) 13.1 Other expense, net 0.1 (0.2 ) 1.4 —

EQUITY (Tables)

EQUITY (Tables)	6 Months Ended
	Dec. 31, 2018
Equity [Abstract]
Dividends declared	The following dividends were declared during the six months ended December 31, 2018 : Declaration Date Dividend Type Dividend Per Share Holders of Record Date Dividend Value Dividend Payment Date Dividends Paid Dividends Payable (a) Fiscal 2019 August 21, 2018 Quarterly $ 0.125 August 31, 2018 $ 94.6 September 14, 2018 $ 93.8 $ 0.8 November 7, 2018 Quarterly $ 0.125 November 30, 2018 $ 95.1 December 14, 2018 $ 93.9 $ 1.2 Fiscal 2019 $ 0.250 $ 189.7 $ 187.7 $ 2.0 (a) The dividend payable is the value of the remaining dividends payable upon settlement of the RSUs and phantom units outstanding as of the Holders of Record Date.
Schedule of accumulated other comprehensive loss	Accumulated Other Comprehensive Income (Loss) Foreign Currency Translation Adjustments Gain (loss) on Cash Flow Hedges Gain on Net Investment Hedge Other Foreign Currency Translation Adjustments Pension and Other Post-Employment Benefit Plans (a) Total Balance—July 1, 2018 $ 31.7 $ 115.0 $ (44.3 ) $ 56.4 $ 158.8 Other comprehensive income (loss) before reclassifications (11.8 ) 78.6 (187.7 ) — (120.9 ) Net amounts reclassified from AOCI/(L) (5.9 ) — — 1.6 (4.3 ) Net current-period other comprehensive income (loss) (17.7 ) 78.6 (187.7 ) 1.6 (125.2 ) Balance—December 31, 2018 $ 14.0 $ 193.6 $ (232.0 ) $ 58.0 $ 33.6 (a) For the six months ended December 31, 2018 , net amounts reclassified from AOCI/(L) related to pensions and other post-employment benefit plans included amortization of prior service costs and actuarial losses of $3.0 , net of tax of $1.4 . Foreign Currency Translation Adjustments Gain on Cash Flow Hedges Loss on Net Investment Hedges Other Foreign Currency Translation Adjustments Pension and Other Post-Employment Benefit Plans Total Balance—July 1, 2017 $ 12.6 $ (23.7 ) $ (20.8 ) $ 36.3 $ 4.4 Other comprehensive income (loss) before reclassifications 7.2 (33.0 ) 303.6 1.6 279.4 Net amounts reclassified from AOCI/(L) 0.1 — — — 0.1 Net current-period other comprehensive income (loss) 7.3 (33.0 ) 303.6 1.6 279.5 Balance—December 31, 2017 $ 19.9 $ (56.7 ) $ 282.8 $ 37.9 $ 283.9

SHARE-BASED COMPENSATION PLANS

SHARE-BASED COMPENSATION PLANS (Tables)	6 Months Ended
	Dec. 31, 2018
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Share-based Compensation Expense	Share-based compensation expense is recognized on a straight-line basis over the requisite service period. Total share-based compensation is show in the table below: Three Months Ended Six Months Ended 2018 2017 2018 2017 Equity plan expense $ 4.4 $ 9.0 $ 10.8 $ 17.1 Liability plan (income) expense (2.6 ) 0.4 (2.6 ) (0.9 ) Fringe expense 0.5 0.5 0.5 1.8 Total share-based compensation expense $ 2.3 $ 9.9 $ 8.7 $ 18.0

NET INCOME (LOSS) ATTRIBUTABL_2

NET INCOME (LOSS) ATTRIBUTABLE TO COTY INC. PER COMMON SHARE (Tables)	6 Months Ended
	Dec. 31, 2018
Earnings Per Share [Abstract]
Reconciliation of numerators and denominators of basic and diluted EPS computations	Reconciliation between the numerators and denominators of the basic and diluted income per share (“EPS”) computations is presented below: Three Months Ended Six Months Ended 2018 2017 2018 2017 (in millions, except per share data) Net (loss) income attributable to Coty Inc. $ (960.6 ) $ 109.2 $ (972.7 ) $ 89.5 Weighted-average common shares outstanding—Basic 751.1 749.6 751.0 749.1 Effect of dilutive stock options and Series A Preferred Stock (a) — 1.2 — 1.4 Effect of restricted stock and RSUs (b) — 1.9 — 2.0 Weighted-average common shares outstanding—Diluted 751.1 752.7 751.0 752.5 Net (loss) income attributable to Coty Inc. per common share: Basic $ (1.28 ) $ 0.15 $ (1.30 ) $ 0.12 Diluted (1.28 ) 0.15 (1.30 ) 0.12 (a) For the three and six months ended December 31, 2018 , outstanding stock options and Series A Preferred Stock with purchase or conversion rights to purchase shares of common stock were excluded in the computation of diluted loss per share due to the net loss incurred during the period. For the three and six months ended December 31, 2017 , outstanding stock options and Series A Preferred Stock with purchase or conversion rights to purchase 15.3 million and 13.6 million shares of common stock, respectively, were excluded in the computation of diluted EPS as their inclusion would be anti-dilutive. (b) For the three and six months ended December 31, 2018 , RSUs were excluded in the computation of diluted loss per share due to the net loss incurred during the period. For the three and six months ended December 31, 2017 , 2.6 million and 4.1 million of outstanding RSUs, respectively, were excluded in the computation of diluted EPS as their inclusion would be anti-dilutive.

SUMMARY OF SIGNIFICANT ACCOUN_4

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Narrative (Details) - USD ($) $ in Millions	Dec. 22, 2017	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2018	Dec. 31, 2017	Jul. 01, 2018	Jun. 30, 2018
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Restricted cash		$ 27.5		$ 27.5			$ 30.6
Effective income tax rate (percent)		(8.90%)	(7.10%)	(0.10%)	(47.90%)
Tax Cuts And Jobs Act Of 2017, incomplete accounting, transition tax for accumulated foreign earnings, provisional income tax expense (benefit)	$ 41
Gross unrecognized tax benefits		$ 317.6		$ 317.6			303.6
Unrecognized tax benefits that would impact effective tax rate		126.8		126.8
Unrecognized tax benefits, net		142.5		142.5			135.4
Interest and penalties expense		1.5	$ 1
Gross accrued interest and penalties		15.7		15.7			13.1
Reasonably possible decrease in UTBs (up to)		25.4		25.4
Provision (benefit) for income taxes		78.3	$ (7.9)	0.9	$ (33.2)
Increase (decrease) in other current assets				(19.7)	$ 47.6
Accumulated deficit		1,729.7		$ 1,729.7		$ 644.4	$ 626.2
Accounting Standards Update 2016-06
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Gross unrecognized tax benefits						15.8
Provision (benefit) for income taxes		7.6
Increase (decrease) in other current assets		$ (120.8)
Accumulated deficit						$ 112.6

SUMMARY OF SIGNIFICANT ACCOUN_5

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Adoption of ASU 2017-07 (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2018	Dec. 31, 2017
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Cost of sales	$ 956.7	$ 1,024.9	$ 1,765.8	$ 1,899.1
Selling, general and administrative expenses	1,284	1,319.2	2,406.3	2,510.3
Operating income	(804.6)	175.2	(825.3)	204.7
Other expense, net	4.8	4.2	7.5	8.7
Net (loss) income	$ (956)	118.6	$ (966.1)	102.5
As Previously Reported
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Cost of sales		1,025		1,899.3
Selling, general and administrative expenses		1,319.9		2,511.7
Operating income		174.4		203.1
Other expense, net		3.4		7.1
Net (loss) income		118.6		102.5
As Adjusted
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Cost of sales		1,024.9		1,899.1
Selling, general and administrative expenses		1,319.2		2,510.3
Operating income		175.2		204.7
Other expense, net		4.2		8.7
Net (loss) income		118.6		102.5
Effect of Adoption of ASU No. 2017-07 | As Adjusted
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Cost of sales		(0.1)		(0.2)
Selling, general and administrative expenses		(0.7)		(1.4)
Operating income		0.8		1.6
Other expense, net		0.8		1.6
Net (loss) income		$ 0		$ 0

REVENUE RECOGNITION (Details)

REVENUE RECOGNITION (Details) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended		6 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2018	Dec. 31, 2017	Jul. 01, 2018	Jun. 30, 2018
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Property and equipment, net	$ 1,625.7		$ 1,625.7		$ 1,674.6	$ 1,680.8
Deferred income taxes	182.7		182.7		108	107.4
Other noncurrent assets	153.5		153.5		306.4	299.5
Accrued expenses and other current liabilities	1,738.8		1,738.8		1,865.1	1,844.4
Deferred income taxes	840.6		840.6		841.3	842.5
Accumulated deficit	(1,729.7)		(1,729.7)		$ (644.4)	(626.2)
Net revenues	2,511.2	$ 2,637.6	4,542.5	$ 4,875.9
Selling, general and administrative expenses	1,284	1,319.2	2,406.3	2,510.3
Net loss	(956)	118.6	(966.1)	102.5
Net loss attributable to Coty Inc.	$ (960.6)	$ 109.2	$ (972.7)	$ 89.5
Basic (in usd per share)	$ (1.28)	$ 0.15	$ (1.30)	$ 0.12
Diluted (in usd per share)	$ (1.28)	$ 0.15	$ (1.30)	$ 0.12
Calculated under Revenue Guidance in Effect before Topic 606
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Property and equipment, net						1,680.8
Deferred income taxes						107.4
Other noncurrent assets						299.5
Accrued expenses and other current liabilities						1,844.4
Deferred income taxes						842.5
Accumulated deficit						(626.2)
Net revenues	$ 2,487.3		$ 4,525.8
Selling, general and administrative expenses	1,284.2		2,407.6
Net loss	(974.3)		(979.5)
Net loss attributable to Coty Inc.	$ (978.7)		$ (986.3)
Basic (in usd per share)	$ (1.30)		$ (1.32)
Diluted (in usd per share)	$ (1.30)		$ (1.32)
Accounting Standards Update 2014-09 | Difference between Revenue Guidance in Effect before and after Topic 606
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Property and equipment, net						(6.2)
Deferred income taxes						0.6
Other noncurrent assets						6.9
Accrued expenses and other current liabilities						20.7
Deferred income taxes						(1.2)
Accumulated deficit						$ (18.2)
Net revenues	$ (23.9)		$ (16.7)
Selling, general and administrative expenses	0.2		1.3
Net loss	(18.3)		(13.4)
Net loss attributable to Coty Inc.	$ (18.1)		$ (13.6)
Basic (in usd per share)	$ (0.02)		$ (0.02)
Diluted (in usd per share)	$ (0.02)		$ (0.02)
Furniture and Fixtures | Minimum
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Property, plant and equipment			3 years
Furniture and Fixtures | Maximum
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Property, plant and equipment			5 years

SEGMENT REPORTING - Reporting S

SEGMENT REPORTING - Reporting Segments (Details) $ in Millions	3 Months Ended		6 Months Ended
	Dec. 31, 2018USD ($)	Dec. 31, 2017USD ($)	Dec. 31, 2018USD ($)segment	Dec. 31, 2017USD ($)
Segment Reporting Information [Line Items]
Number of reportable segments | segment			3
Number of operating segments | segment			3
Net revenues	$ 2,511.2	$ 2,637.6	$ 4,542.5	$ 4,875.9
Operating (loss) income	(804.6)	175.2	(825.3)	204.7
Interest expense, net	68.3	60.3	132.4	126.7
Other expense, net	4.8	4.2	7.5	8.7
(Loss) income before income taxes	(877.7)	110.7	(965.2)	69.3
Luxury
Segment Reporting Information [Line Items]
Net revenues	1,017.5	951.2	1,810.4	1,715.6
Consumer Beauty
Segment Reporting Information [Line Items]
Net revenues	967.8	1,138.6	1,796.6	2,182
Professional Beauty
Segment Reporting Information [Line Items]
Net revenues	525.9	547.8	935.5	978.3
Operating Segments | Luxury
Segment Reporting Information [Line Items]
Operating (loss) income	113.6	85.1	162.3	141.8
Operating Segments | Consumer Beauty
Segment Reporting Information [Line Items]
Operating (loss) income	(906.9)	99.3	(925.5)	161.2
Operating Segments | Professional Beauty
Segment Reporting Information [Line Items]
Operating (loss) income	73.8	73.5	78.8	71.8
Corporate
Segment Reporting Information [Line Items]
Operating (loss) income	$ (85.1)	$ (82.7)	$ (140.9)	$ (170.1)

SEGMENT REPORTING - Reportable

SEGMENT REPORTING - Reportable Segments, Revenue by Product Category (Details) - Product Concentration Risk - Net revenue	3 Months Ended		6 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2018	Dec. 31, 2017
Segment Reporting Information [Line Items]
Percentage of consolidated revenues (percent)	100.00%	100.00%	100.00%	100.00%
Fragrance
Segment Reporting Information [Line Items]
Percentage of consolidated revenues (percent)	43.50%	40.70%	42.30%	39.10%
Color Cosmetics
Segment Reporting Information [Line Items]
Percentage of consolidated revenues (percent)	23.30%	24.10%	24.70%	26.30%
Hair Care
Segment Reporting Information [Line Items]
Percentage of consolidated revenues (percent)	24.40%	24.50%	24.30%	24.20%
Skin & Body Care
Segment Reporting Information [Line Items]
Percentage of consolidated revenues (percent)	8.80%	10.70%	8.70%	10.40%

BUSINESS COMBINATIONS - Burberr

BUSINESS COMBINATIONS - Burberry Business Acquisition (Details) $ in Millions	Oct. 02, 2017USD ($)	Oct. 02, 2017GBP (£)	Dec. 31, 2018GBP (£)	Dec. 31, 2018USD ($)	Oct. 01, 2018USD ($)	Jun. 30, 2018USD ($)	Oct. 02, 2017GBP (£)
Business Acquisition [Line Items]
Business combination, contingent consideration, paid | £			£ 2,900,000
Goodwill				$ 7,665		$ 8,607.1
Burberry Beauty Business
Business Acquisition [Line Items]
Total consideration to acquire business	$ 256.3	£ 191,700,000
Cash paid to acquire business	245.1	£ 183,300,000
Business combination, contingent consideration	11.2						£ 8,400,000
Business combination, range of outcomes, low | £							0
Business combination, range of outcomes, high | £							£ 16,700,000
Goodwill	34.9				$ 25.5
Luxury
Business Acquisition [Line Items]
Goodwill				2,922.2		2,962.9
Luxury | Burberry Beauty Business
Business Acquisition [Line Items]
Goodwill	12.9
Consumer Beauty
Business Acquisition [Line Items]
Goodwill				3,807		4,690.4
Consumer Beauty | Burberry Beauty Business
Business Acquisition [Line Items]
Goodwill	6.8
Professional Beauty
Business Acquisition [Line Items]
Goodwill				$ 935.8		$ 953.8
Professional Beauty | Burberry Beauty Business
Business Acquisition [Line Items]
Goodwill	$ 5.8

BUSINESS COMBINATIONS - Burbe_2

BUSINESS COMBINATIONS - Burberry Beauty Business Assets Acquired and Liabilities Assumed (Details) - USD ($) $ in Millions	Oct. 02, 2017	Dec. 31, 2018	Sep. 30, 2018	Oct. 01, 2018	Jun. 30, 2018
Fair value
Goodwill		$ 7,665			$ 8,607.1
Measurement period adjustments
Goodwill		$ (9.4)
Burberry Beauty Business
Fair value
Inventories	$ 47.9			$ 47.9
Property, plant and equipment	5.8			5.8
Finite-lived intangible assets	177.8			184.5
Goodwill	34.9			25.5
Net other liabilities	(10.1)			(7.4)
Total purchase price	$ 256.3			$ 256.3
Measurement period adjustments
Inventories			$ 0
License and distribution rights			6.7
Goodwill			(9.4)
Net other liabilities			$ 2.7
Minimum | Burberry Beauty Business
Estimated useful life (in years)
Property, plant and equipment	1 year
Minimum | Burberry Beauty Business | License and distribution rights
Estimated useful life (in years)
License and distribution rights	3 years
Maximum | Burberry Beauty Business
Estimated useful life (in years)
Property, plant and equipment	3 years
Maximum | Burberry Beauty Business | License and distribution rights
Estimated useful life (in years)
License and distribution rights	15 years

ACQUISITION-RELATED COSTS (Deta

ACQUISITION-RELATED COSTS (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2018	Dec. 31, 2017
Business Combinations [Abstract]
Acquisition-related costs	$ 0	$ 7	$ 0	$ 61.1

RESTRUCTURING COSTS - Restructu

RESTRUCTURING COSTS - Restructuring Costs By Program (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended		12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2018	Dec. 31, 2017	Jun. 30, 2018	Jun. 30, 2017
Restructuring Cost and Reserve [Line Items]
Restructuring costs	$ 21.5	$ 21.7	$ 37	$ 32.9
Global Integration Activities
Restructuring Cost and Reserve [Line Items]
Restructuring costs	22.2	15.1	28.7	24.9	$ 106.5	$ 364.2
2018 Restructuring Actions
Restructuring Cost and Reserve [Line Items]
Restructuring costs	(0.3)	10.8	8.8	11.9
Other Restructuring
Restructuring Cost and Reserve [Line Items]
Restructuring costs	$ (0.4)	$ (4.2)	$ (0.5)	$ (3.9)

RESTRUCTURING COSTS - Narrative

RESTRUCTURING COSTS - Narrative (Details) - USD ($) $ in Millions	6 Months Ended			12 Months Ended
	Jun. 30, 2019	Dec. 31, 2018	Dec. 31, 2017	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2018	Oct. 01, 2016
Restructuring Cost and Reserve [Line Items]
Restructuring costs incurred to date		$ (0.1)
Expected remaining costs		1					$ 3.9
Cash expenditures for restructuring		(0.2)	$ (3.9)
Restructuring and related cost, expected cost		7
Restructuring liabilities assumed		7.3					9.4
Global Integration Activities
Restructuring Cost and Reserve [Line Items]
Restructuring costs incurred to date		499.4
Expected remaining costs		30
Remaining accrual		142.5					223.1
Cash expenditures for restructuring		84
Restructuring charges		34.4
Global Integration Activities | Scenario, Forecast
Restructuring Cost and Reserve [Line Items]
Cash expenditures for restructuring				$ 3	$ 33.3	$ 106.2
2018 Restructuring
Restructuring Cost and Reserve [Line Items]
Restructuring costs incurred to date		77.2
Remaining accrual		27.9					51.5
Cash expenditures for restructuring		31.7
Restructuring charges		10.1
2018 Restructuring | Scenario, Forecast
Restructuring Cost and Reserve [Line Items]
Cash expenditures for restructuring	$ 22.1			0.9	4.9
Other Restructuring 2018 | Scenario, Forecast
Restructuring Cost and Reserve [Line Items]
Cash expenditures for restructuring	$ 2.3			2.5	2.5
Other Restructuring Programs, Assumed Proctor and Gamble Restructuring
Restructuring Cost and Reserve [Line Items]
Remaining accrual		5.4					7
Cash expenditures for restructuring		(0.2)	$ 0
Restructuring liabilities assumed								$ 21.7
Other Restructuring Programs, Assumed Proctor and Gamble Restructuring | Scenario, Forecast
Restructuring Cost and Reserve [Line Items]
Cash expenditures for restructuring				$ 0.5	$ 2.2	$ 2.7
Other Restructuring | Global Integration Activities
Restructuring Cost and Reserve [Line Items]
Restructuring costs incurred to date		10.2
Remaining accrual		2.4					3.1
Cash expenditures for restructuring		2.2
Restructuring charges		1.7
Other Restructuring | 2018 Restructuring
Restructuring Cost and Reserve [Line Items]
Restructuring costs incurred to date		4.3
Remaining accrual		2.9					$ 3.3
Cash expenditures for restructuring		1.3
Restructuring charges		$ 0.9

RESTRUCTURING COSTS - Summary o

RESTRUCTURING COSTS - Summary of Costs (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended		12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2018	Dec. 31, 2017	Jun. 30, 2018	Jun. 30, 2017
Restructuring Cost and Reserve [Line Items]
Restructuring costs	$ 21.5	$ 21.7	$ 37	$ 32.9
Cumulative through December 31, 2018	(0.1)		(0.1)
Global Integration Activities
Restructuring Cost and Reserve [Line Items]
Restructuring costs	22.2	$ 15.1	28.7	$ 24.9	$ 106.5	$ 364.2
Cumulative through December 31, 2018	499.4		499.4
2018 Restructuring
Restructuring Cost and Reserve [Line Items]
Restructuring costs			8.8		68.4
Cumulative through December 31, 2018	77.2		77.2
Severance and Employee Benefits | Global Integration Activities
Restructuring Cost and Reserve [Line Items]
Restructuring costs			1.6		67.5	333.9
Cumulative through December 31, 2018	403		403
Severance and Employee Benefits | 2018 Restructuring
Restructuring Cost and Reserve [Line Items]
Restructuring costs			7.9		63.5
Cumulative through December 31, 2018	71.4		71.4
Third-Party Contract Terminations | Global Integration Activities
Restructuring Cost and Reserve [Line Items]
Restructuring costs			1.8		19.3	22.4
Cumulative through December 31, 2018	43.5		43.5
Third-Party Contract Terminations | 2018 Restructuring
Restructuring Cost and Reserve [Line Items]
Restructuring costs			0		0.2
Cumulative through December 31, 2018	0.2		0.2
Fixed Asset Write-offs | Global Integration Activities
Restructuring Cost and Reserve [Line Items]
Restructuring costs			23.8		14.3	4.6
Cumulative through December 31, 2018	42.7		42.7
Fixed Asset Write-offs | 2018 Restructuring
Restructuring Cost and Reserve [Line Items]
Restructuring costs			0		1.3
Cumulative through December 31, 2018	1.3		1.3
Other Exit Costs | Global Integration Activities
Restructuring Cost and Reserve [Line Items]
Restructuring costs			1.5		5.4	$ 3.3
Cumulative through December 31, 2018	10.2		10.2
Other Exit Costs | 2018 Restructuring
Restructuring Cost and Reserve [Line Items]
Restructuring costs			0.9		$ 3.4
Cumulative through December 31, 2018	$ 4.3		$ 4.3

RESTRUCTURING COSTS - Restruc_2

RESTRUCTURING COSTS - Restructuring Roll Forward (Details) - USD ($) $ in Millions	6 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Restructuring Reserve [Roll Forward]
Payments	$ 0.2	$ 3.9
Global Integration Activities
Restructuring Reserve [Roll Forward]
Balance—July 1, 2018	223.1
Restructuring charges	34.4
Payments	(84)
Changes in estimates	(5.7)
Non-cash utilization	(23.8)
Effect of exchange rates	1.5
Balance—December 31, 2018	142.5
2018 Restructuring
Restructuring Reserve [Roll Forward]
Balance—July 1, 2018	51.5
Restructuring charges	10.1
Payments	(31.7)
Changes in estimates	(1.3)
Effect of exchange rates	(0.7)
Balance—December 31, 2018	27.9
Severance and Employee Benefits | Global Integration Activities
Restructuring Reserve [Roll Forward]
Balance—July 1, 2018	203
Restructuring charges	7.1
Payments	(75.7)
Changes in estimates	(5.5)
Effect of exchange rates	1.5
Balance—December 31, 2018	127.4
Severance and Employee Benefits | 2018 Restructuring
Restructuring Reserve [Roll Forward]
Balance—July 1, 2018	48
Restructuring charges	9.2
Payments	(30.4)
Changes in estimates	(1.3)
Non-cash utilization	0
Effect of exchange rates	(0.7)
Balance—December 31, 2018	24.8
Third-Party Contract Terminations | Global Integration Activities
Restructuring Reserve [Roll Forward]
Balance—July 1, 2018	17
Restructuring charges	1.8
Payments	(6.1)
Changes in estimates	0
Effect of exchange rates	0
Balance—December 31, 2018	12.7
Third-Party Contract Terminations | 2018 Restructuring
Restructuring Reserve [Roll Forward]
Balance—July 1, 2018	0.2
Restructuring charges	0
Payments	0
Changes in estimates	0
Non-cash utilization	0
Effect of exchange rates	0
Balance—December 31, 2018	0.2
Fixed Asset Write-offs | Global Integration Activities
Restructuring Reserve [Roll Forward]
Balance—July 1, 2018	0
Restructuring charges	23.8
Payments	0
Changes in estimates	0
Non-cash utilization	(23.8)
Effect of exchange rates	0
Balance—December 31, 2018	0
Other Exit Costs | Global Integration Activities
Restructuring Reserve [Roll Forward]
Balance—July 1, 2018	3.1
Restructuring charges	1.7
Payments	(2.2)
Changes in estimates	(0.2)
Non-cash utilization	0
Effect of exchange rates	0
Balance—December 31, 2018	2.4
Other Exit Costs | 2018 Restructuring
Restructuring Reserve [Roll Forward]
Balance—July 1, 2018	3.3
Restructuring charges	0.9
Payments	(1.3)
Changes in estimates	0
Effect of exchange rates	0
Balance—December 31, 2018	$ 2.9

INVENTORIES (Details)

INVENTORIES (Details) - USD ($) $ in Millions	Dec. 31, 2018	Jun. 30, 2018
Inventory Disclosure [Abstract]
Raw materials	$ 289.6	$ 278.6
Work-in-process	18.4	21.8
Finished goods	856.6	848.5
Total inventories	$ 1,164.6	$ 1,148.9

GOODWILL AND OTHER INTANGIBLE_3

GOODWILL AND OTHER INTANGIBLE ASSETS, NET Narrative (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2018	Dec. 31, 2017
Goodwill [Line Items]
Goodwill and intangible asset impairment	$ 930.3		$ 930.3
Impairment charges	832.5		832.5
Impairment charges			113.6
Impairment of intangible assets, finite-lived	7		7
Asset impairment charges	$ 965.1	$ 0	$ 977.7	$ 0
Goodwill, impaired, discount rate	0.75%		0.75%
Luxury
Goodwill [Line Items]
Impairment charges			$ 0
Impairment charges			22.8
Asset impairment charges	$ 22.8		22.8
Trademarks
Goodwill [Line Items]
Impairment charges	$ 90.8		$ 90.8

GOODWILL AND OTHER INTANGIBLE_4

GOODWILL AND OTHER INTANGIBLE ASSETS, NET - Changes in Goodwill (Details) - USD ($) $ in Millions	3 Months Ended	6 Months Ended
	Dec. 31, 2018	Dec. 31, 2018	Jun. 30, 2018
Goodwill [Roll Forward]
Gross balance	$ 9,138.3	$ 9,138.3	$ 9,247.9
Accumulated impairments	(1,473.3)	(1,473.3)	(640.8)
Net balance at beginning of the period		8,607.1
Changes during the period ended December 31, 2018:
Goodwill measurement period adjustments		(9.4)
Foreign currency translation		(100.2)
Impairment charges	(832.5)	(832.5)
Gross balance	9,138.3	9,138.3	9,247.9
Accumulated impairments	(1,473.3)	(1,473.3)	(640.8)
Net balance at end of the period	7,665	7,665
Luxury
Goodwill [Roll Forward]
Gross balance	3,325.9	3,325.9	3,366.6
Accumulated impairments	(403.7)	(403.7)	(403.7)
Net balance at beginning of the period		2,962.9
Changes during the period ended December 31, 2018:
Goodwill measurement period adjustments		(10.5)
Foreign currency translation		(30.2)
Impairment charges		0
Gross balance	3,325.9	3,325.9	3,366.6
Accumulated impairments	(403.7)	(403.7)	(403.7)
Net balance at end of the period	2,922.2	2,922.2
Consumer Beauty
Goodwill [Roll Forward]
Gross balance	4,876.6	4,876.6	4,927.5
Accumulated impairments	(1,069.6)	(1,069.6)	(237.1)
Net balance at beginning of the period		4,690.4
Changes during the period ended December 31, 2018:
Goodwill measurement period adjustments		0.6
Foreign currency translation		(51.5)
Impairment charges		(832.5)
Gross balance	4,876.6	4,876.6	4,927.5
Accumulated impairments	(1,069.6)	(1,069.6)	(237.1)
Net balance at end of the period	3,807	3,807
Professional Beauty
Goodwill [Roll Forward]
Gross balance	935.8	935.8	953.8
Accumulated impairments	0	0	0
Net balance at beginning of the period		953.8
Changes during the period ended December 31, 2018:
Goodwill measurement period adjustments		0.5
Foreign currency translation		(18.5)
Impairment charges		0
Gross balance	935.8	935.8	953.8
Accumulated impairments	0	0	$ 0
Net balance at end of the period	$ 935.8	$ 935.8

GOODWILL AND OTHER INTANGIBLE_5

GOODWILL AND OTHER INTANGIBLE ASSETS, NET - Other Intangible Assets, Net (Details) - USD ($) $ in Millions	Dec. 31, 2018	Jun. 30, 2018
Goodwill and Intangible Assets Disclosure [Abstract]
Indefinite-lived other intangible assets	$ 3,052	$ 3,186.2
Finite-lived other intangible assets, net	4,877.4	5,098.2
Total Other intangible assets, net	$ 7,929.4	$ 8,284.4

GOODWILL AND OTHER INTANGIBLE_6

GOODWILL AND OTHER INTANGIBLE ASSETS, NET - Schedule of Indefinite Lived Intangible Assets (Details) $ in Millions	6 Months Ended
	Dec. 31, 2018USD ($)	Jun. 30, 2018USD ($)
Indefinite-lived Intangible Assets [Roll Forward]
Gross beginning balance	$ 3,384
Accumulated impairments, ending balance	(311.4)	$ (197.8)
Net beginning balance	3,186.2
Foreign currency translation	(20.6)
Impairment charges	(113.6)
Gross ending balance	3,363.4
Accumulated impairments, ending balance	(311.4)	(197.8)
Net ending balance	3,052
Luxury
Indefinite-lived Intangible Assets [Roll Forward]
Gross beginning balance	414.6
Accumulated impairments, ending balance	(141.6)	(118.8)
Net beginning balance	295.8
Foreign currency translation	(5.8)
Impairment charges	(22.8)
Gross ending balance	408.8
Accumulated impairments, ending balance	(141.6)	(118.8)
Net ending balance	267.2
Consumer Beauty
Indefinite-lived Intangible Assets [Roll Forward]
Gross beginning balance	1,703.1
Accumulated impairments, ending balance	(166.7)	(75.9)
Net beginning balance	1,627.2
Foreign currency translation	(7.1)
Impairment charges	(90.8)
Gross ending balance	1,696
Accumulated impairments, ending balance	(166.7)	(75.9)
Net ending balance	1,529.3
Professional Beauty
Indefinite-lived Intangible Assets [Roll Forward]
Gross beginning balance	1,266.3
Accumulated impairments, ending balance	(3.1)	(3.1)
Net beginning balance	1,263.2
Foreign currency translation	(7.7)
Impairment charges	0
Gross ending balance	1,258.6
Accumulated impairments, ending balance	(3.1)	$ (3.1)
Net ending balance	$ 1,255.5

GOODWILL AND OTHER INTANGIBLE_7

GOODWILL AND OTHER INTANGIBLE ASSETS, NET - Schedule of Intangible Assets Subject to Amortization (Details) - USD ($) $ in Millions	1 Months Ended	3 Months Ended		6 Months Ended
	Jul. 31, 2018	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2018	Dec. 31, 2017	Jun. 30, 2018
Finite-Lived Intangible Assets [Line Items]
Cost		$ 6,603.7		$ 6,603.7		$ 6,686.5
Accumulated Amortization		(1,700.8)		(1,700.8)		(1,582.4)
Accumulated Impairment		(25.5)		(25.5)		(5.9)
Net		4,877.4		4,877.4		5,098.2
Asset impairment charges		965.1	$ 0	977.7	$ 0
Amortization expense		88.5	$ 89.6	181	$ 167.8
License agreements
Finite-Lived Intangible Assets [Line Items]
Cost		3,259.9		3,259.9		3,362.7
Accumulated Amortization		(810.7)		(810.7)		(792.9)
Accumulated Impairment		(19.6)		(19.6)		0
Net		2,429.6		2,429.6		2,569.8
Customer relationships
Finite-Lived Intangible Assets [Line Items]
Cost		1,949.7		1,949.7		1,960.5
Accumulated Amortization		(572)		(572)		(508.7)
Accumulated Impairment		(5.5)		(5.5)		(5.5)
Net		1,372.2		1,372.2		1,446.3
Trademarks
Finite-Lived Intangible Assets [Line Items]
Cost		1,040.2		1,040.2		1,002.1
Accumulated Amortization		(207.1)		(207.1)		(185.5)
Accumulated Impairment		(0.4)		(0.4)		(0.4)
Net		832.7		832.7		816.2
Asset impairment charges	$ 12.6
Product formulations and technology
Finite-Lived Intangible Assets [Line Items]
Cost		353.9		353.9		361.2
Accumulated Amortization		(111)		(111)		(95.3)
Accumulated Impairment		0		0		0
Net		242.9		242.9		$ 265.9
Fiscal 2019 Acquisition | Trademarks
Finite-Lived Intangible Assets [Line Items]
Net		$ 40.8		$ 40.8

DEBT - Schedule of Debt (Detail

DEBT - Schedule of Debt (Details) - USD ($) $ in Millions	Dec. 31, 2018	Jun. 30, 2018
Debt Instrument [Line Items]
Short-term debt	$ 54.3	$ 9.2
Long-term debt	7,850.4
Other long-term debt and capital lease obligations	1.3	1.6
Total debt	7,906	7,623.2
Less: Short-term debt and current portion of long-term debt	(255.7)	(218.9)
Total Long-term debt	7,650.3	7,404.3
Less: Unamortized deferred financing costs	(77.7)	(86.2)
Less: Discount on Long-term debt	(11.7)	(12.7)
Total Long-term debt, net	(7,560.9)	(7,305.4)
Debt issuance costs, net	77.7	86.2
Line of Credit | 2018 Coty Revolving Credit Facility Due April 2023 | Revolving Credit Facility
Debt Instrument [Line Items]
Long-term debt	783.9	368.1
Line of Credit | 2018 Coty Term A Facility Due April 2023 | Term Loan
Debt Instrument [Line Items]
Long-term debt	3,242.6	3,371.5
Less: Unamortized deferred financing costs	(26.1)	(29.2)
Debt issuance costs, net	26.1	29.2
Line of Credit | 2018 Coty Term B Facility Due April 2025 | Term Loan
Debt Instrument [Line Items]
Long-term debt	2,359.6	2,390.5
Less: Unamortized deferred financing costs	(10.1)	(10.9)
Debt issuance costs, net	10.1	10.9
Line of Credit | 2026 Dollar Notes Due April 2026 | Revolving Credit Facility
Debt Instrument [Line Items]
Long-term debt	550	550
Line of Credit | 2023 Euro Notes Due April 2023 | Term Loan
Debt Instrument [Line Items]
Long-term debt	628.6	640.9
Less: Unamortized deferred financing costs	(5.8)	(6.4)
Debt issuance costs, net	5.8	6.4
Line of Credit | 2026 Euro Notes Due April 2026 | Term Loan
Debt Instrument [Line Items]
Long-term debt	285.7	291.4
Line of Credit | 2018 Coty Revolving Credit Facility | Revolving Credit Facility
Debt Instrument [Line Items]
Less: Unamortized deferred financing costs	(28)	(31.4)
Debt issuance costs, net	28	31.4
Line of Credit | 2026 Dollar And Euro Notes | Term Loan
Debt Instrument [Line Items]
Less: Unamortized deferred financing costs	(7.7)	(8.3)
Debt issuance costs, net	$ 7.7	$ 8.3

DEBT - Narrative (Details)

DEBT - Narrative (Details)	Sep. 30, 2018	Apr. 05, 2018USD ($)	Dec. 31, 2018	Jun. 30, 2018	Apr. 05, 2018EUR (€)
2018 Coty Term A Facility
Debt Instrument [Line Items]
Aggregate principal amount | €					€ 2,035,000,000
2018 Coty Term B Facility
Debt Instrument [Line Items]
Aggregate principal amount | €					€ 850,000,000
Coty Term Loan B Facility due October 2022 | LIBOR
Debt Instrument [Line Items]
Basis spread on variable rate (percent)				2.25%
Coty Term Loan B Facility due October 2022 | Alternative Base Rate
Debt Instrument [Line Items]
Basis spread on variable rate (percent)				1.25%
Coty Term Loan B Facility due October 2022 | Euro Interbank Offered Rate (Euribor)
Debt Instrument [Line Items]
Basis spread on variable rate (percent)				2.50%
Senior Notes | 2026 Dollar Notes
Debt Instrument [Line Items]
Amount of term loan facility		$ 550,000,000
Debt instrument, interest rate, stated percentage		6.50%			6.50%
Senior Notes | 2026 Euro Notes
Debt Instrument [Line Items]
Amount of term loan facility | €					€ 250,000,000
Debt instrument, interest rate, stated percentage		4.75%			4.75%
Line of Credit | Maximum
Debt Instrument [Line Items]
Applicable leverage ratio following the closing of any material acquisition			5.95
Line of Credit | 2023 Euro Notes | Term Loan
Debt Instrument [Line Items]
Amount of term loan facility | €					€ 550,000,000
Debt instrument, interest rate, stated percentage		4.00%			4.00%
Line of Credit | 2018 Coty Term A Facility
Debt Instrument [Line Items]
Aggregate principal amount		$ 1,000,000,000
Line of Credit | 2018 Coty Term A Facility | Term Loan
Debt Instrument [Line Items]
Quarterly repayment percentage (percent)	1.25%
Line of Credit | 2018 Coty Term B Facility
Debt Instrument [Line Items]
Aggregate principal amount		$ 1,400,000,000
Discount percentage		0.25%			0.25%
Line of Credit | 2018 Coty Term B Facility | Term Loan
Debt Instrument [Line Items]
Quarterly repayment percentage (percent)	0.25%
Line of Credit | 2018 Coty Revolving Credit Facility | Revolving Credit Facility
Debt Instrument [Line Items]
Aggregate principal amount		$ 3,250,000,000
Line of Credit | 2018 Coty Revolving Credit Facility | Letter of Credit
Debt Instrument [Line Items]
Aggregate principal amount		150,000,000
Line of Credit | 2018 Coty Revolving Credit Facility | Swingline loans
Debt Instrument [Line Items]
Aggregate principal amount		150,000,000
Line of Credit | 2018 Coty Revolving Credit Facility | Incurrence Incremental Facilities
Debt Instrument [Line Items]
Aggregate principal amount		$ 1,700,000,000
Total net leverage ratio		3
Senior Unsecured Notes
Debt Instrument [Line Items]
Debt instrument, redemption price, percentage		101.00%

DEBT - Leverage Ratio (Details)

DEBT - Leverage Ratio (Details)	6 Months Ended
	Dec. 31, 2018
Pricing Tier One | LIBOR
Debt Instrument [Line Items]
Basis spread on variable rate (percent)	2.00%
Pricing Tier One | Alternative Base Rate
Debt Instrument [Line Items]
Basis spread on variable rate (percent)	1.00%
Pricing Tier Two | LIBOR
Debt Instrument [Line Items]
Basis spread on variable rate (percent)	1.75%
Pricing Tier Two | Alternative Base Rate
Debt Instrument [Line Items]
Basis spread on variable rate (percent)	0.75%
Pricing Tier Three | LIBOR
Debt Instrument [Line Items]
Basis spread on variable rate (percent)	1.50%
Pricing Tier Three | Alternative Base Rate
Debt Instrument [Line Items]
Basis spread on variable rate (percent)	0.50%
Pricing Tier Four | LIBOR
Debt Instrument [Line Items]
Basis spread on variable rate (percent)	1.25%
Pricing Tier Four | Alternative Base Rate
Debt Instrument [Line Items]
Basis spread on variable rate (percent)	0.25%
Pricing Tier Five | LIBOR
Debt Instrument [Line Items]
Basis spread on variable rate (percent)	1.125%
Pricing Tier Five | Alternative Base Rate
Debt Instrument [Line Items]
Basis spread on variable rate (percent)	0.125%
Pricing Tier Six | LIBOR
Debt Instrument [Line Items]
Basis spread on variable rate (percent)	1.00%
Pricing Tier Six | Alternative Base Rate
Debt Instrument [Line Items]
Basis spread on variable rate (percent)	0.00%
Maximum | Pricing Tier Two
Debt Instrument [Line Items]
Pricing tier net leverage ratio	4.75
Maximum | Pricing Tier Three
Debt Instrument [Line Items]
Pricing tier net leverage ratio	4
Maximum | Pricing Tier Four
Debt Instrument [Line Items]
Pricing tier net leverage ratio	2.75
Maximum | Pricing Tier Five
Debt Instrument [Line Items]
Pricing tier net leverage ratio	2
Maximum | Pricing Tier Six
Debt Instrument [Line Items]
Pricing tier net leverage ratio	1.5
Minimum | Pricing Tier One
Debt Instrument [Line Items]
Pricing tier net leverage ratio	4.75
Minimum | Pricing Tier Two
Debt Instrument [Line Items]
Pricing tier net leverage ratio	4
Minimum | Pricing Tier Three
Debt Instrument [Line Items]
Pricing tier net leverage ratio	2.75
Minimum | Pricing Tier Four
Debt Instrument [Line Items]
Pricing tier net leverage ratio	2
Minimum | Pricing Tier Five
Debt Instrument [Line Items]
Pricing tier net leverage ratio	1.5

DEBT - Schedule of Pricing Tier

DEBT - Schedule of Pricing Tier (Details)	6 Months Ended
	Dec. 31, 2018
Pricing Tier One | LIBOR
Debt Instrument [Line Items]
Basis spread on variable rate (percent)	1.125%
Pricing Tier One | Base Rate
Debt Instrument [Line Items]
Basis spread on variable rate (percent)	0.125%
Pricing Tier Two | LIBOR
Debt Instrument [Line Items]
Basis spread on variable rate (percent)	1.25%
Pricing Tier Two | Base Rate
Debt Instrument [Line Items]
Basis spread on variable rate (percent)	0.25%
Pricing Tier Three | LIBOR
Debt Instrument [Line Items]
Basis spread on variable rate (percent)	1.50%
Pricing Tier Three | Base Rate
Debt Instrument [Line Items]
Basis spread on variable rate (percent)	0.50%
Pricing Tier Four | LIBOR
Debt Instrument [Line Items]
Basis spread on variable rate (percent)	1.75%
Pricing Tier Four | Base Rate
Debt Instrument [Line Items]
Basis spread on variable rate (percent)	0.75%
Pricing Tier Five | LIBOR
Debt Instrument [Line Items]
Basis spread on variable rate (percent)	2.00%
Pricing Tier Five | Base Rate
Debt Instrument [Line Items]
Basis spread on variable rate (percent)	1.00%

DEBT - Schedule of Fair Value o

DEBT - Schedule of Fair Value of Debt (Details) - USD ($) $ in Millions	Dec. 31, 2018	Jun. 30, 2018
2018 Coty Credit Agreement | Carrying Amount
Debt Instrument [Line Items]
Fair value of debt	$ 6,386.1	$ 6,130.1
2018 Coty Credit Agreement | Fair Value
Debt Instrument [Line Items]
Fair value of debt	5,947.8	6,070.8
Senior Notes | Carrying Amount
Debt Instrument [Line Items]
Fair value of debt	1,464.3	1,482.3
Senior Notes | Fair Value
Debt Instrument [Line Items]
Fair value of debt	$ 1,278.3	$ 1,449.9

DEBT - Schedule of Maturities o

DEBT - Schedule of Maturities of Long-Term Debt (Details) $ in Millions	Dec. 31, 2018USD ($)
Debt Disclosure [Abstract]
2019, remaining	$ 95
2,020	190
2,021	190
2,022	190
2,023	4,096.8
Thereafter	3,088.6
Total	$ 7,850.4

DEBT - Debt Additional Informat

DEBT - Debt Additional Information (Details)	6 Months Ended
	Dec. 31, 2018
Period Ending December 31, 2018
Debt Instrument [Line Items]
Debt Instrument, covenant, total net leverage ratio	5.5
Period Ending March 31, 2019 Through June 30, 2019
Debt Instrument [Line Items]
Debt Instrument, covenant, total net leverage ratio	5.25
Period Ending September 30, 2019 Through December 31, 2019
Debt Instrument [Line Items]
Debt Instrument, covenant, total net leverage ratio	5
Period Ending March 31, 2020 Through June 30, 2020
Debt Instrument [Line Items]
Debt Instrument, covenant, total net leverage ratio	4.75
Period Ending September 30, 2020 Through December 31, 2020
Debt Instrument [Line Items]
Debt Instrument, covenant, total net leverage ratio	4.5
Period Ending March 31, 2021 Through June 30, 2021
Debt Instrument [Line Items]
Debt Instrument, covenant, total net leverage ratio	4.25
Period Ending September 30, 2021 Through June 30, 2023
Debt Instrument [Line Items]
Debt Instrument, covenant, total net leverage ratio	4

INTEREST EXPENSE, NET (Details)

INTEREST EXPENSE, NET (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2018	Dec. 31, 2017
Interest Income (Expense), Net [Abstract]
Interest expense	$ 74.1	$ 69.6	$ 146.5	$ 137
Foreign exchange gains, net of derivative contracts	(0.2)	(6.9)	(3.8)	(5.9)
Interest income	(5.6)	(2.4)	(10.3)	(4.4)
Total interest expense, net	$ 68.3	$ 60.3	$ 132.4	$ 126.7

EMPLOYEE BENEFIT PLANS - Schedu

EMPLOYEE BENEFIT PLANS - Schedule of Components of Net Periodic Benefit Cost (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2018	Dec. 31, 2017
Defined Benefit Plan Disclosure [Line Items]
Service cost	$ 8.9	$ 10.3	$ 17.4	$ 20.6
Interest cost	4	3.8	8	7.7
Expected return on plan assets	(2.1)	(1.9)	(4.2)	(3.8)
Amortization of prior service cost (credit)	(1.4)	(1.3)	(2.8)	(2.6)
Amortization of net (gain) loss	(0.3)	0.2	(0.2)	0.3
Net periodic benefit cost (credit)	9.1	11.1	18.2	22.2
Other Post- Employment Benefits
Defined Benefit Plan Disclosure [Line Items]
Service cost	0.3	0.5	0.6	1
Interest cost	0.5	0.6	1	1.2
Expected return on plan assets	0	0	0	0
Amortization of prior service cost (credit)	(1.5)	(1.4)	(3)	(2.8)
Amortization of net (gain) loss	0	(0.1)	0	(0.1)
Net periodic benefit cost (credit)	(0.7)	(0.4)	(1.4)	(0.7)
U.S. | Pension Plans
Defined Benefit Plan Disclosure [Line Items]
Service cost	0	0	0	0
Interest cost	0.2	0.1	0.4	0.3
Expected return on plan assets	0	0	0	0
Amortization of prior service cost (credit)	0	0	0	0
Amortization of net (gain) loss	(0.2)	(0.1)	(0.4)	(0.3)
Net periodic benefit cost (credit)	0	0	0	0
International | Pension Plans
Defined Benefit Plan Disclosure [Line Items]
Service cost	8.6	9.8	16.8	19.6
Interest cost	3.3	3.1	6.6	6.2
Expected return on plan assets	(2.1)	(1.9)	(4.2)	(3.8)
Amortization of prior service cost (credit)	0.1	0.1	0.2	0.2
Amortization of net (gain) loss	(0.1)	0.4	0.2	0.7
Net periodic benefit cost (credit)	$ 9.8	$ 11.5	$ 19.6	$ 22.9

DERIVATIVE INSTRUMENTS - Narrat

DERIVATIVE INSTRUMENTS - Narrative (Details) - USD ($)	1 Months Ended	6 Months Ended
	Aug. 31, 2018	Dec. 31, 2018	Dec. 31, 2017	Jun. 30, 2018
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Cash received during the period for settlement of interest rate swaps	$ 43,200,000	$ 43,200,000	$ 0
Accumulated other comprehensive loss		(33,600,000)		$ (158,800,000)
Foreign exchange forward contracts
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Cash flow hedges in AOCI, net of tax		14,000,000		31,700,000
Cash flow hedge to be reclassified during next 12 months		(8,300,000)
Foreign exchange forward contracts | Other Foreign Currency Translation Adjustments | Net investment hedge
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Accumulated other comprehensive loss		193,600,000		115,000,000
Designated as Hedging Instrument | Interest rate swap contracts | Interest Rate Risk
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Notional amount		$ 2,000,000,000		$ 2,000,000,000

DERIVATIVE INSTRUMENTS - Gains

DERIVATIVE INSTRUMENTS - Gains and Losses Recognized in OCI (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2018	Dec. 31, 2017
Cash Flow Hedging | Foreign exchange forward contracts
Derivative [Line Items]
Gain (Loss) Recognized in OCI	$ 0.4	$ 0.3	$ 0.4	$ (0.2)
Cash Flow Hedging | Interest rate swap contracts
Derivative [Line Items]
Gain (Loss) Recognized in OCI	(21)	11	(15.9)	11.5
Net investment hedge
Derivative [Line Items]
Gain (Loss) Recognized in OCI	$ 74.3	$ (10.9)	$ 78.6	$ (33)

DERIVATIVE INSTRUMENTS - Amount

DERIVATIVE INSTRUMENTS - Amount of Gains and Losses Reclassified from AOCI (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2018	Dec. 31, 2017
Reclassification Adjustment out of Accumulated Other Comprehensive Income on Derivatives [Line Items]
Net revenues	$ 2,511.2	$ 2,637.6	$ 4,542.5	$ 4,875.9
Cost of sales	956.7	1,024.9	1,765.8	1,899.1
Interest expense	(68.3)	(60.3)	(132.4)	(126.7)
Accumulated Net Gain (Loss) from Cash Flow Hedges Including Portion Attributable to Noncontrolling Interest | Foreign exchange forward contracts | Reclassification out of Accumulated Other Comprehensive Income
Reclassification Adjustment out of Accumulated Other Comprehensive Income on Derivatives [Line Items]
Net revenues	0	0.2	0	0.4
Cost of sales	0	0.4	0	0.5
Accumulated Net Gain (Loss) from Cash Flow Hedges Including Portion Attributable to Noncontrolling Interest | Interest rate swap contracts | Reclassification out of Accumulated Other Comprehensive Income
Reclassification Adjustment out of Accumulated Other Comprehensive Income on Derivatives [Line Items]
Interest expense	$ 3.9	$ (0.6)	$ 7.7	$ (0.9)

DERIVATIVE INSTRUMENTS - Deriva

DERIVATIVE INSTRUMENTS - Derivatives Not Designated as Hedging (Details) - Not Designated as Hedging Instrument - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2018	Dec. 31, 2017
Selling, general and administrative expenses
Derivative [Line Items]
Gain (loss) on derivatives, net	$ 0.1	$ 0.3	$ 0.1	$ (0.9)
Interest expense, net
Derivative [Line Items]
Gain (loss) on derivatives, net	(5.6)	5	(1.6)	13.1
Other expense, net
Derivative [Line Items]
Gain (loss) on derivatives, net	$ 0.1	$ (0.2)	$ 1.4	$ 0

EQUITY - Narrative (Details)

EQUITY - Narrative (Details)	Dec. 14, 2018USD ($)	Sep. 14, 2018USD ($)	Dec. 31, 2018USD ($)vote$ / sharesshares	Sep. 30, 2018USD ($)	Dec. 31, 2017USD ($)	Sep. 30, 2017USD ($)	Dec. 31, 2018USD ($)vote$ / sharesshares	Nov. 30, 2018USD ($)	Aug. 31, 2018USD ($)	Jun. 30, 2018$ / sharesshares	Feb. 03, 2016USD ($)
Class of Stock [Line Items]
Common stock, par value (in usd per share) | $ / shares			$ 0.01				$ 0.01			$ 0.01
Common stock, shares authorized (in shares) | shares			1,000,000,000				1,000,000,000			1,000,000,000
Common stock, shares outstanding (in shares) | shares			751,200,000				751,200,000			750,700,000
Preferred stock, shares authorized (in shares) | shares			20,000,000				20,000,000			20,000,000
Preferred stock, par value (in usd per share) | $ / shares			$ 0.01				$ 0.01			$ 0.01
Preferred stock, shares issued (in shares) | shares			5,000,000				5,000,000			5,000,000
Preferred stock, shares outstanding (in shares) | shares			1,900,000				1,900,000			5,000,000
Reduction of dividends payable, current and noncurrent | $							$ 700,000
Dividends, Common Stock | $			$ 94,600,000	$ 94,000,000	$ 94,400,000	$ 94,300,000
Dividends | $							(188,600,000)
Dividends payable | $			2,000,000				2,000,000	$ 1,200,000	$ 800,000
Payments of dividends | $	$ 93,900,000	$ 93,800,000					187,700,000
Restricted stock award, forfeitures, dividends | $							1,100,000
Restricted Share Units
Class of Stock [Line Items]
Common stocks, including additional paid in capital | $			200,000				200,000
Dividends payable | $			2,000,000				2,000,000
Payments of dividends | $							700,000
Restricted Stock Units And Phantom Units | Other Noncurrent Liabilities
Class of Stock [Line Items]
Dividends payable | $			4,100,000				4,100,000
Restricted Stock Units And Phantom Units | Accrued Expenses and Other Current Liabilities
Class of Stock [Line Items]
Dividends payable | $			$ 2,100,000				$ 2,100,000
Common Class A
Class of Stock [Line Items]
Common stock, par value (in usd per share) | $ / shares			$ 0.01				$ 0.01
Votes per share | vote			1				1
Common stock, shares authorized (in shares) | shares			1,000,000,000				1,000,000,000
Common stock, shares outstanding (in shares) | shares			751,200,000				751,200,000
Common Class A | Incremental Repurchase Program
Class of Stock [Line Items]
Authorized repurchase amount | $											$ 500,000,000
Number of shares repurchased (in shares) | shares			0				0
Share repurchase program, remaining authorized repurchase amount | $			$ 396,800,000				$ 396,800,000
Common Class A | JAB Cosmetics B.V.
Class of Stock [Line Items]
Ownership percentage by noncontrolling owners (percent)			40.00%				40.00%
Number of shares acquired by JABC (in shares) | shares			8,200,000				10,800,000
Series A Preferred Stock
Class of Stock [Line Items]
Votes per share | vote			0				0
Preferred stock, shares authorized (in shares) | shares			6,300,000				6,300,000
Preferred stock, par value (in usd per share) | $ / shares			$ 0.01				$ 0.01
Preferred stock, shares issued (in shares) | shares			5,000,000				5,000,000
Preferred stock, shares outstanding (in shares) | shares			1,900,000				1,900,000
Amount of preferred stock | $			$ 1,100,000				$ 1,100,000
Series A Preferred Stock | Other Noncurrent Liabilities
Class of Stock [Line Items]
Amount of preferred stock | $			$ 1,800,000				$ 1,800,000
Share-based Compensation Award, Tranche One | Series A Preferred Stock
Class of Stock [Line Items]
Preferred stock, shares outstanding (in shares) | shares			1,000,000				1,000,000
Share-based Compensation Award, Tranche Two | Series A Preferred Stock
Class of Stock [Line Items]
Preferred stock, shares outstanding (in shares) | shares			400,000				400,000
Share-based Compensation Award, Tranche Four | Series A Preferred Stock
Class of Stock [Line Items]
Preferred stock, shares outstanding (in shares) | shares			300,000				300,000
Share-based Compensation Award, Tranche Five | Series A Preferred Stock
Class of Stock [Line Items]
Preferred stock, shares outstanding (in shares) | shares			200,000				200,000
Additional Paid-in Capital
Class of Stock [Line Items]
Dividends, Common Stock | $			$ 94,600,000	$ 94,000,000	$ 94,400,000	$ 94,300,000	$ 188,400,000

EQUITY - Dividends (Details)

EQUITY - Dividends (Details) - USD ($) $ / shares in Units, $ in Millions	Dec. 14, 2018	Nov. 30, 2018	Nov. 07, 2018	Sep. 14, 2018	Aug. 31, 2018	Aug. 21, 2018	Dec. 31, 2018
Equity [Abstract]
Dividend per share (in usd per share)			$ 0.125			$ 0.125	$ 0.25
Dividend Value		$ 95.1			$ 94.6		$ 189.7
Dividends Paid	$ 93.9			$ 93.8			187.7
Dividends payable		$ 1.2			$ 0.8		$ 2

EQUITY - Accumulated Other Comp

EQUITY - Accumulated Other Comprehensive Loss (Details) - USD ($) $ in Millions	6 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Balance, beginning of period	$ 8,855.2	$ 9,326
Other comprehensive income (loss) before reclassifications	(120.9)	279.4
Net amounts reclassified from AOCI/(L)	(4.3)	0.1
Net current-period other comprehensive income (loss)	(125.2)	279.5
Balance, end of period	7,611.3	9,428.5
Total
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Balance, beginning of period	158.8	4.4
Balance, end of period	33.6	283.9
Gain (Loss) on Cash Flow Hedges
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Balance, beginning of period	31.7	12.6
Other comprehensive income (loss) before reclassifications	(11.8)	7.2
Net amounts reclassified from AOCI/(L)	(5.9)	0.1
Net current-period other comprehensive income (loss)	(17.7)	7.3
Balance, end of period	14	19.9
Gain on Net Investment Hedge
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Balance, beginning of period	115	(23.7)
Other comprehensive income (loss) before reclassifications	78.6	(33)
Net amounts reclassified from AOCI/(L)	0	0
Net current-period other comprehensive income (loss)	78.6	(33)
Balance, end of period	193.6	(56.7)
Other Foreign Currency Translation Adjustments
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Balance, beginning of period	(44.3)	(20.8)
Other comprehensive income (loss) before reclassifications	(187.7)	303.6
Net amounts reclassified from AOCI/(L)	0	0
Net current-period other comprehensive income (loss)	(187.7)	303.6
Balance, end of period	(232)	282.8
Pension and Other Post-Employment Benefit Plans
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Balance, beginning of period	56.4	36.3
Other comprehensive income (loss) before reclassifications	0	1.6
Net amounts reclassified from AOCI/(L)	1.6	0
Net current-period other comprehensive income (loss)	1.6	1.6
Balance, end of period	58	$ 37.9
Reclassification from accumulated other comprehensive income, current period, before tax	3
Other comprehensive income (loss), tax	$ 1.4

SHARE-BASED COMPENSATION PLAN_2

SHARE-BASED COMPENSATION PLANS Schedule Of Share-based Compensation (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2018	Dec. 31, 2017
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total share-based compensation expense	$ 2.3	$ 9.9	$ 8.7	$ 18
Equity Plan Expense
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total share-based compensation expense	4.4	9	10.8	17.1
Liability Plan (Income) Expense
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total share-based compensation expense	(2.6)	0.4	(2.6)	(0.9)
Fringe Expense
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total share-based compensation expense	$ 0.5	$ 0.5	$ 0.5	$ 1.8

SHARE-BASED COMPENSATION PLAN_3

SHARE-BASED COMPENSATION PLANS (Details) $ / shares in Units, $ in Millions	Oct. 02, 2018	Sep. 04, 2018shares	Dec. 31, 2018USD ($)$ / sharesshares	Dec. 31, 2017USD ($)	Dec. 31, 2018USD ($)$ / sharesshares	Dec. 31, 2017USD ($)	Oct. 01, 2018employee
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total share-based compensation expense			$ 2.3	$ 9.9	$ 8.7	$ 18
Stock issued during period, value, share-based compensation, forfeited				(5.9)		(8.8)
Share-based compensation arrangement by share-based payment, award vesting rights, number of employees with outstanding awards | employee							560
Share-based compensation arrangement by share-based payment award, plan modification, incremental compensation cost			0.5
Stock Option
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total unrecognized share-based compensation expense			36.5		$ 36.5
Weighted-average period for unrecognized share-based compensation (in years)					3 years 8 months 27 days
Series A Preferred Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total unrecognized share-based compensation expense			1.2		$ 1.2
Weighted-average period for unrecognized share-based compensation (in years)					2 years 11 months 19 days
Restricted and Other Share Awards
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total unrecognized share-based compensation expense			104		$ 104
Weighted-average period for unrecognized share-based compensation (in years)					2 years 7 months 2 days
Restricted Share Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total share-based compensation expense			$ 3.6	6.6	$ 7.7	12.5
Share-based compensation arrangement by share-based payment award, award vesting period	5 years
Options granted (in shares) | shares		5,000,000	1,100,000		6,100,000
Weighted average fair value at grant date (in usd per share) | $ / shares			$ 11.34		$ 11.34
Non-Qualified Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total share-based compensation expense			$ 2.8	2.6	$ 5.2	5.9
Options granted (in shares) | shares			2,300,000		2,300,000
Series A Preferred Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total share-based compensation expense			$ (4.1)	$ 0.7	$ (4.2)	$ (0.4)
Options granted (in shares) | shares			0		0
Selling, general and administrative expenses
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total share-based compensation expense			$ 8.2		$ 17.5
Share-based Compensation Award, Tranche One | Restricted Share Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation arrangement by share-based payment award, award vesting rights (percent)	60.00%
Share-based compensation arrangement by share-based payment award, award vesting period	3 years
Share-based Compensation Award, Tranche Two | Restricted Share Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation arrangement by share-based payment award, award vesting rights (percent)	20.00%
Share-based compensation arrangement by share-based payment award, award vesting period	4 years
Share-based Compensation Award, Tranche Three | Restricted Share Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation arrangement by share-based payment award, award vesting rights (percent)	20.00%
Share-based compensation arrangement by share-based payment award, award vesting period	5 years

NET INCOME (LOSS) ATTRIBUTABL_3

NET INCOME (LOSS) ATTRIBUTABLE TO COTY INC. PER COMMON SHARE (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended		6 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2018	Dec. 31, 2017
Earnings Per Share [Abstract]
Net (loss) income attributable to Coty Inc.	$ (960.6)	$ 109.2	$ (972.7)	$ 89.5
Weighted-average common shares outstanding:
Weighted-average common shares outstanding—basic (in shares)	751.1	749.6	751	749.1
Effect of dilutive stock options and Series A Preferred Stock (in shares)	0	1.2	0	1.4
Effect of restricted stock and RSUs (in shares)	0	1.9	0	2
Weighted-average common shares outstanding—Diluted (in shares)	751.1	752.7	751	752.5
Net (loss) income attributable to Coty Inc. per common share:
Basic (in usd per share)	$ (1.28)	$ 0.15	$ (1.30)	$ 0.12
Diluted (in usd per share)	$ (1.28)	$ 0.15	$ (1.30)	$ 0.12
Outstanding Stock Options and Series A Preferred Stock
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share, amount (in shares)		15.3		13.6
Restricted Stock Units
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share, amount (in shares)		2.6		4.1

MANDATORILY REDEEMABLE FINANC_2

MANDATORILY REDEEMABLE FINANCIAL INTERESTS AND REDEEMABLE NONCONTROLLING INTERESTS - Mandatorily Redeemable Financial Interest (Details) - USD ($) $ in Millions	Dec. 31, 2018	Jun. 30, 2018	May 23, 2017
Southeastern Asian Subsidiary
Noncontrolling Interest [Line Items]
Ownership percentage by noncontrolling owners (percent)			49.00%
United Arab Emirates Joint Venture
Noncontrolling Interest [Line Items]
Ownership percentage by noncontrolling owners (percent)	25.00%
Southeastern Asian Subsidiary
Noncontrolling Interest [Line Items]
Mandatorily redeemable financial instrument, noncontrolling interest	$ 49.6	$ 45.1
Purchase of additional noncontrolling interest			$ 45
United Arab Emirates Joint Venture
Noncontrolling Interest [Line Items]
Mandatorily redeemable financial instrument, noncontrolling interest	7.5	8.2
United Arab Emirates Joint Venture | Other Noncurrent Liabilities
Noncontrolling Interest [Line Items]
Mandatorily redeemable financial instrument, noncontrolling interest	6.3	6.7
United Arab Emirates Joint Venture | Accrued Expenses and Other Current Liabilities
Noncontrolling Interest [Line Items]
Mandatorily redeemable financial instrument, noncontrolling interest	$ 1.2	$ 1.5

MANDATORILY REDEEMABLE FINANC_3

MANDATORILY REDEEMABLE FINANCIAL INTERESTS AND REDEEMABLE NONCONTROLLING INTERESTS - Redeemable Noncontrolling Interests (Details) - USD ($) $ in Millions	3 Months Ended			6 Months Ended
	Dec. 31, 2018	Sep. 30, 2018	Dec. 31, 2017	Dec. 31, 2018	Jun. 30, 2018
Redeemable Noncontrolling Interest [Line Items]
Noncontrolling interest, period increase (decrease)	$ 1.6	$ 1.6	$ 8.3	$ 1.6
Decrease in additional paid-in capital		(1.6)	(8.3)
Non-cash redeemable noncontrolling interest for business combinations	487.6			487.6	$ 661.3
Additional Paid-in Capital
Redeemable Noncontrolling Interest [Line Items]
Decrease in additional paid-in capital	$ (1.6)	$ (1.6)	$ (8.3)	$ (1.6)
Foundation, LLC
Redeemable Noncontrolling Interest [Line Items]
Ownership percentage by noncontrolling owners (percent)					40.60%
Younique, LLC
Redeemable Noncontrolling Interest [Line Items]
Ownership percentage by noncontrolling owners (percent)	40.70%			40.70%
Noncontrolling interest, increase in ownership percentage by parent (percent)		0.10%
Business acquisition, equity interest issued or issuable (percent)	59.30%			59.30%
Non-cash redeemable noncontrolling interest for business combinations	$ 415			$ 415	$ 597.7
United Arab Emirates Subsidiary
Redeemable Noncontrolling Interest [Line Items]
Ownership percentage by noncontrolling owners (percent)	25.00%			25.00%
Middle East Subsidiary
Redeemable Noncontrolling Interest [Line Items]
Non-cash redeemable noncontrolling interest for business combinations	$ 70.5			$ 70.5	$ 63.6

COMMITMENTS AND CONTINGENCIES N

COMMITMENTS AND CONTINGENCIES Narrative (Details) R$ in Millions, $ in Millions	Dec. 31, 2018USD ($)	Dec. 31, 2018BRL (R$)	Jun. 30, 2018USD ($)
Loss Contingencies [Line Items]
Unrecognized tax benefits, income tax penalties and interest accrued	$ 15.7		$ 13.1
Brazilian Tax Assessments
Loss Contingencies [Line Items]
Unrecognized tax benefits, income tax penalties and interest accrued	$ 64.1	R$ 249.0

SUBSEQUENT EVENTS - Narrative (

SUBSEQUENT EVENTS - Narrative (Details) - $ / shares	Feb. 08, 2019	Nov. 07, 2018	Aug. 21, 2018	Dec. 31, 2018
Debt Instrument [Line Items]
Common stock, dividends, per share, declared (in USD per share)		$ 0.125	$ 0.125	$ 0.25
Subsequent Event
Debt Instrument [Line Items]
Common stock, dividends, per share, declared (in USD per share)	$ 0.125