v3.26.1
LEGAL AND OTHER CONTINGENCIES (Tables)
 12 Months Ended
Jun. 30, 2026
Commitments and Contingencies Disclosure [Abstract]  
Schedule of brazilian tax assessments
The Company’s Brazilian subsidiaries receive tax assessments from local, state and federal tax authorities in Brazil from time to time. Current open tax assessments as of June 30, 2026 are:
Assessment receivedType of assessmentType of TaxTax period impacted
Estimated amount, including interest and penalties as of
June 30, 2026
Aug-20State sales tax credits, which the Treasury Office of the State of Goiás considers as improperly registeredICMS2017-2019
R$870.9 million (approximately $168.3)
Oct-20Federal excise taxes, which the Treasury Office of the Brazil’s Internal Revenue Service considers as improperly calculatedIPI2016-2017
R$514.5 million (approximately $99.5)
Nov-22IPI2018-2019
R$519.2 million (approximately $100.4) (a)
Mar-24IPI2020
R$40.4 million
 (approximately $7.8)
Nov-20State sales taxes, which the Treasury Office of the State of Minas Gerais considers as improperly calculatedICMS2016-2019
R$264.9 million (approximately $51.2)
Jun-21
State sales tax, which the Treasury Office of the State of Goiás considers as improperly calculated (a)
ICMS2016-2020
R$0.0 million (approximately $0.0) (b)
(a) During the first quarter of the current fiscal year, the tax assessment was revised as the case progressed through the Brazilian judicial system. As part of this reassessment, previously applied penalties were excluded in accordance with applicable tax regulations. As a result, the total liability was reduced compared to the prior assessment in the previous fiscal year.
(b) During the first quarter of the current fiscal year, the administrative case was decided in Coty's favor and prevailed against the tax authorities' appeal.
Schedule of other commitments
At June 30, 2026, the aggregate future minimum purchase obligations, which include commitments to purchase inventory and other services agreements and royalty payments for license agreements, were as follows:
Fiscal Year Ending June 30,Purchase ObligationsRoyalty PaymentsTotal
2027$687.4 $213.3 $900.7 
202897.6 158.6 $256.2 
202955.1 139.2 $194.3 
203022.4 132.3 $154.7 
203121.5 94.6 $116.1 
Thereafter— 131.0 $131.0 
Total$884.0 $869.0 $1,753.0