XML 114 R99.htm IDEA: XBRL DOCUMENT
v3.22.2.2

DEBT - Schedule of Long Term Debt Facilities (Details) | 12 Months Ended |  |  |  |  |  |  |
--- | --- | --- | --- | --- | --- | --- | --- | ---
Jun. 30, 2022 USD ($) | Jun. 30, 2021 USD ($) | Jun. 30, 2022 EUR (€) | Apr. 15, 2022 USD ($) | Nov. 30, 2021 USD ($) | Jun. 30, 2021 EUR (€) | Jun. 16, 2021 EUR (€) | Apr. 21, 2021 USD ($) | Apr. 05, 2018 USD ($) | Apr. 05, 2018 EUR (€)
2029 Dollar Senior Secured Notes due January 2029 |  |  |  |  |  |  |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |  |  |  |  |  |  |
Borrowing capacity |  |  |  |  | $ 500,000,000.0 |  |  |  |  |
Senior Notes |  |  |  |  |  |  |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |  |  |  |  |  |  |
Stated interest rate |  |  |  |  | 4.75% |  |  |  |  |
Senior Notes | 2029 Dollar Senior Secured Notes due January 2029 |  |  |  |  |  |  |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |  |  |  |  |  |  |
Borrowing capacity |  |  |  |  | $ 500,000,000.0 |  |  |  |  |
Senior Notes | 2026 Dollar Senior Secured Notes due April 2026 |  |  |  |  |  |  |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |  |  |  |  |  |  |
Borrowing capacity |  |  |  |  |  |  |  | $ 900,000,000.0 |  |
Stated interest rate |  |  |  |  |  |  |  | 5.00% |  |
Senior Notes | 2026 Euro Senior Secured Notes due April 2026 |  |  |  |  |  |  |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |  |  |  |  |  |  |
Borrowing capacity | € |  |  |  |  |  |  | € 700,000,000 |  |  |
Stated interest rate |  |  |  |  |  |  | 3.875% |  |  |
Senior Notes | 2026 Dollar Notes |  |  |  |  |  |  |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |  |  |  |  |  |  |
Borrowing capacity |  |  |  |  |  |  |  |  | $ 550,000,000.0 |
Stated interest rate |  |  |  |  |  |  |  |  | 6.50% | 6.50%
Senior Notes | 2023 Euro Notes |  |  |  |  |  |  |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |  |  |  |  |  |  |
Borrowing capacity |  |  |  | $ 606,400,000 |  |  |  |  |  | € 550,000,000
Stated interest rate |  |  |  |  |  |  |  |  | 4.00% | 4.00%
Senior Notes | 2026 Euro Notes |  |  |  |  |  |  |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |  |  |  |  |  |  |
Borrowing capacity | € |  |  |  |  |  |  |  |  |  | € 250,000,000
Stated interest rate |  |  |  |  |  |  |  |  | 4.75% | 4.75%
Senior Notes | Term Loan | 2029 Dollar Senior Secured Notes due January 2029 |  |  |  |  |  |  |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |  |  |  |  |  |  |
Borrowing capacity | $ 500,000,000.0 |  |  |  |  |  |  |  |  |
Stated interest rate | 4.75% |  | 4.75% |  |  |  |  |  |  |
Applicable interest rate spread | 4.75% |  | 4.75% |  |  |  |  |  |  |
Senior Notes | Term Loan | 2021 Coty Revolving Credit Facility due April 2025 |  |  |  |  |  |  |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |  |  |  |  |  |  |
Borrowing capacity | $ 2,000,000,000 |  |  |  |  |  |  |  |  |
Applicable interest rate spread | 1.75% |  | 1.75% |  |  |  |  |  |  |
Senior Notes | Term Loan | Brazilian Credit Facilities - October 2023 |  |  |  |  |  |  |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |  |  |  |  |  |  |
Stated interest rate | 3.48% |  | 3.48% |  |  |  |  |  |  |
Senior Notes | Term Loan | Brazilian Credit Facilities - September 2023 |  |  |  |  |  |  |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |  |  |  |  |  |  |
Stated interest rate | 3.74% |  | 3.74% |  |  |  |  |  |  |
Senior Notes | Term Loan | 2026 Dollar Senior Secured Notes due April 2026 |  |  |  |  |  |  |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |  |  |  |  |  |  |
Borrowing capacity | $ 900,000,000.0 | $ 900,000,000.0 |  |  |  |  |  |  |  |
Stated interest rate | 5.00% | 5.00% | 5.00% |  |  | 5.00% |  |  |  |
Applicable interest rate spread | 5.00% | 5.00% | 5.00% |  |  | 5.00% |  |  |  |
Senior Notes | Term Loan | 2026 Euro Senior Secured Notes due April 2026 |  |  |  |  |  |  |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |  |  |  |  |  |  |
Borrowing capacity | € |  |  | € 700,000,000.0 |  |  | € 700,000,000.0 |  |  |  |
Stated interest rate | 3.875% | 3.875% | 3.875% |  |  | 3.875% |  |  |  |
Applicable interest rate spread | 3.875% | 3.875% | 3.875% |  |  | 3.875% |  |  |  |
Senior Notes | Term Loan | 2026 Dollar Notes | U.S. Dollar |  |  |  |  |  |  |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |  |  |  |  |  |  |
Borrowing capacity | $ 550,000,000.0 | $ 550,000,000.0 |  |  |  |  |  |  |  |
Stated interest rate | 6.50% | 6.50% | 6.50% |  |  | 6.50% |  |  |  |
Senior Notes | Term Loan | 2023 Euro Notes | Euro |  |  |  |  |  |  |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |  |  |  |  |  |  |
Borrowing capacity | € |  |  | € 0 |  |  | € 0 |  |  |  |
Stated interest rate | 4.00% | 4.00% | 4.00% |  |  | 4.00% |  |  |  |
Senior Notes | Term Loan | 2026 Euro Notes | Euro |  |  |  |  |  |  |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |  |  |  |  |  |  |
Borrowing capacity | € |  |  | € 250,000,000.0 |  |  | € 250,000,000.0 |  |  |  |
Stated interest rate | 4.75% | 4.75% | 4.75% |  |  | 4.75% |  |  |  |
Line of Credit | Brazilian Credit Facilities - October 2023 |  |  |  |  |  |  |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |  |  |  |  |  |  |
Borrowing capacity | $ 31,900,000 |  |  |  |  |  |  |  |  |
Applicable interest rate spread | 3.48% |  | 3.48% |  |  |  |  |  |  |
Line of Credit | Brazilian Credit Facilities - September 2023 |  |  |  |  |  |  |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |  |  |  |  |  |  |
Borrowing capacity | $ 10,500,000 |  |  |  |  |  |  |  |  |
Applicable interest rate spread | 3.74% |  | 3.74% |  |  |  |  |  |  |
Line of Credit | Revolving credit facility |  |  |  |  |  |  |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |  |  |  |  |  |  |
Repayment percentage | 1.25% | 1.25% |  |  |  |  |  |  |  |
Line of Credit | Revolving credit facility | 2021 Coty Revolving Credit Facility due April 2025 | LIBOR | Minimum |  |  |  |  |  |  |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |  |  |  |  |  |  |
Margin percentage | 1.00% |  |  |  |  |  |  |  |  |
Line of Credit | Revolving credit facility | 2021 Coty Revolving Credit Facility due April 2025 | LIBOR | Maximum |  |  |  |  |  |  |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |  |  |  |  |  |  |
Margin percentage | 2.00% |  |  |  |  |  |  |  |  |
Line of Credit | Revolving credit facility | 2021 Coty Revolving Credit Facility due April 2025 | Base Rate | Minimum |  |  |  |  |  |  |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |  |  |  |  |  |  |
Margin percentage | 0.00% |  |  |  |  |  |  |  |  |
Line of Credit | Revolving credit facility | 2021 Coty Revolving Credit Facility due April 2025 | Base Rate | Maximum |  |  |  |  |  |  |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |  |  |  |  |  |  |
Margin percentage | 1.00% |  |  |  |  |  |  |  |  |
Line of Credit | Revolving credit facility | 2018 Coty Revolving Credit Facility due April 2023 |  |  |  |  |  |  |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |  |  |  |  |  |  |
Borrowing capacity | $ 0 | $ 0 |  |  |  |  |  |  |  |
Applicable interest rate spread | 1.75% | 1.75% | 1.75% |  |  | 1.75% |  |  |  |
Line of Credit | Revolving credit facility | 2018 Coty Revolving Credit Facility due April 2023 | LIBOR | Minimum |  |  |  |  |  |  |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |  |  |  |  |  |  |
Margin percentage | 1.00% | 1.00% |  |  |  |  |  |  |  |
Line of Credit | Revolving credit facility | 2018 Coty Revolving Credit Facility due April 2023 | LIBOR | Maximum |  |  |  |  |  |  |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |  |  |  |  |  |  |
Margin percentage | 2.00% | 2.00% |  |  |  |  |  |  |  |
Line of Credit | Revolving credit facility | 2018 Coty Revolving Credit Facility due April 2023 | Base Rate | Minimum |  |  |  |  |  |  |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |  |  |  |  |  |  |
Margin percentage | 0.00% | 0.00% |  |  |  |  |  |  |  |
Line of Credit | Revolving credit facility | 2018 Coty Revolving Credit Facility due April 2023 | Base Rate | Maximum |  |  |  |  |  |  |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |  |  |  |  |  |  |
Margin percentage | 1.00% | 1.00% |  |  |  |  |  |  |  |
Line of Credit | Revolving credit facility | Coty Credit Agreement |  |  |  |  |  |  |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |  |  |  |  |  |  |
Unused commitment fee percentage | 0.25% | 0.30% |  |  |  |  |  |  |  |
Line of Credit | Revolving credit facility | Coty Credit Agreement | Minimum |  |  |  |  |  |  |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |  |  |  |  |  |  |
Unused commitment fee percentage | 0.10% |  |  |  |  |  |  |  |  |
Line of Credit | Revolving credit facility | Coty Credit Agreement | Maximum |  |  |  |  |  |  |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |  |  |  |  |  |  |
Unused commitment fee percentage | 0.35% |  |  |  |  |  |  |  |  |
Line of Credit | Term Loan | Euro |  |  |  |  |  |  |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |  |  |  |  |  |  |
Repayment percentage | 0.25% | 0.25% |  |  |  |  |  |  |  |
Line of Credit | Term Loan | Term Loan A Facility, Due April 2023 | Euro |  |  |  |  |  |  |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |  |  |  |  |  |  |
Borrowing capacity | € |  |  | € 0 |  |  | € 95,700,000 |  |  |  |
Applicable interest rate spread | 1.75% | 1.75% | 1.75% |  |  | 1.75% |  |  |  |
Line of Credit | Term Loan | Term Loan B Facility, Due April 2025 | Euro |  |  |  |  |  |  |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |  |  |  |  |  |  |
Borrowing capacity | € |  |  | € 459,300,000 |  |  | € 514,800,000 |  |  |  |
Applicable interest rate spread | 2.50% | 2.50% | 2.50% |  |  | 2.50% |  |  |  |
Debt Discount | 0.25% | 0.25% | 0.25% |  |  | 0.25% |  |  |  |
Line of Credit | Term Loan | Term Loan B Facility, Due April 2025 | U.S. Dollar |  |  |  |  |  |  |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |  |  |  |  |  |  |
Borrowing capacity | $ 759,000,000.0 | $ 849,000,000.0 |  |  |  |  |  |  |  |
Applicable interest rate spread | 2.25% | 2.25% | 2.25% |  |  | 2.25% |  |  |  |
Debt Discount | 0.25% | 0.25% | 0.25% |  |  | 0.25% |  |  |  |
Line of Credit | Term Loan | Term Loan B Facility, Due April 2025 | LIBOR | Euro |  |  |  |  |  |  |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |  |  |  |  |  |  |
Margin percentage | 2.50% | 2.50% |  |  |  |  |  |  |  |
Line of Credit | Term Loan | Term Loan B Facility, Due April 2025 | LIBOR | U.S. Dollar |  |  |  |  |  |  |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |  |  |  |  |  |  |
Margin percentage | 2.25% | 2.25% |  |  |  |  |  |  |  |
Line of Credit | Term Loan | Term Loan B Facility, Due April 2025 | Base Rate | U.S. Dollar |  |  |  |  |  |  |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |  |  |  |  |  |  |
Margin percentage | 1.25% | 1.25% |  |  |  |  |  |  |  |

X
- Definition The percentage used to calculate the quarterly repayments based on the original principal amount. + References No definition available. + Details
Name: | coty_DebtInstrumentQuarterlyRepaymentPercentage
Namespace Prefix: | coty_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Debt Instrument, Unamortized Discount, Percentage + References No definition available. + Details
Name: | coty_DebtInstrumentUnamortizedDiscountPercentage
Namespace Prefix: | coty_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Percentage points added to the reference rate to compute the variable rate on the debt instrument. + References No definition available. + Details
Name: | us-gaap_DebtInstrumentBasisSpreadOnVariableRate1
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Face (par) amount of debt instrument at time of issuance. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 50 -Paragraph 1B -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=123466505&loc=SL123495323-112611 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 2 -URI https://asc.fasb.org/extlink&oid=124435984&loc=d3e28551-108399 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 55 -Paragraph 8 -URI https://asc.fasb.org/extlink&oid=114775985&loc=d3e28878-108400 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 50 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=124429444&loc=SL124452920-239629 Reference 5: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 55 -Paragraph 69C -URI https://asc.fasb.org/extlink&oid=123466577&loc=SL123495737-112612 Reference 6: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 55 -Paragraph 69B -URI https://asc.fasb.org/extlink&oid=123466577&loc=SL123495735-112612 + Details
Name: | us-gaap_DebtInstrumentFaceAmount
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Contractual interest rate for funds borrowed, under the debt agreement. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 50 -Paragraph 1B -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=123466505&loc=SL123495323-112611 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22(a)(1)) -URI https://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
Name: | us-gaap_DebtInstrumentInterestRateStatedPercentage
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition The effective interest rate at the end of the reporting period. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19(b),22(b)) -URI https://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
Name: | us-gaap_LineOfCreditFacilityInterestRateAtPeriodEnd
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | us-gaap_LineOfCreditFacilityLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The fee, expressed as a percentage of the line of credit facility, for available but unused credit capacity under the credit facility. + References No definition available. + Details
Name: | us-gaap_LineOfCreditFacilityUnusedCapacityCommitmentFeePercentage
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_DebtInstrumentAxis=coty_A2029DollarSeniorSecuredNotesDueJanuary2029Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=us-gaap_SeniorNotesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=coty_A2026DollarSeniorSecuredNotesDueApril2026Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=coty_A2026EuroSeniorSecuredNotesDueApril2026Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=coty_A2026DollarNotesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=coty_A2023EuroNotesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=coty_A2026EuroNotesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_CreditFacilityAxis=us-gaap_MediumTermNotesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=coty_RevolvingCreditFacilityDueApril2025Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=coty_BrazilianCreditFacilitiesOctober2023Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=coty_BrazilianCreditFacilitiesSeptember2023Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_CurrencyAxis=currency_USD
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_CurrencyAxis=currency_EUR
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=us-gaap_LineOfCreditMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_CreditFacilityAxis=us-gaap_RevolvingCreditFacilityMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_VariableRateAxis=us-gaap_LondonInterbankOfferedRateLIBORMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_RangeAxis=srt_MinimumMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_RangeAxis=srt_MaximumMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_VariableRateAxis=us-gaap_BaseRateMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=coty_RevolvingCreditFacilityDueApril2023Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=coty_CotyCreditAgreementMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=coty_TermLoanAFacilityDueApril2023Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=coty_TermLoanBFacilityDueApril2025Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |