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drop off the cosby kids at the pool 

to have a bowel movement, to take a shit, to take a crap, etc...
"yo i'll be right back i gotta go drop the cosby kids off at the pool"

Drop off the Cosby kids and the pool 

A variation of "Drop off the Cosby kids at the pool", whereas dropping off the Cosby kids and the pool means having diarrhea.
*storms for the bathroom* "OUT OF MY WAY!"
"Why? Do you have to drop off the Cosby kids at the pool?"
"Worse. I have to drop off the Cosby kids AND the pool!"
"Uh...okay, then. Good luck with that."

dropping the cosby kids off at the pool 

If you need me, i'll be dropping the cosby kids off at the pool.

Dropping the Cosby kids off at the cosmic pool 

To take a dump.
my bad, I was dropping the Cosby kids off at the cosmic pool.

drop the cosby's off at the pool 

to take a shit, but make sure to leave them some sunscreen(piss), and there always seems to be corn in it no matter if you had it or not
Keith:I just dropped the Cosby's off at the pool
Bethany: Eww, i didnt need to know about that

Dropping the Cosby's by the pool 

Hey man, I gotta drop the Cosby's off at the pool but I have no TP.