GOODWILL AND OTHER INTANGIBLE ASSETS

3 Months Ended

Sep. 30, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

The following table presents goodwill by product category and the related change in the carrying amount:


(In millions)	Skin Care		Makeup		Fragrance		Hair Care		Total
Balance as of June 30, 2020
Goodwill	$	519	$	1,210	$	254	$	389	$	2,372
Accumulated impairments	(95)		(817)		(26)		(33)		(971)
	424		393		228		356		1,401

Goodwill acquired during the period	—		2		—		4		6

Translation adjustments, goodwill	10		—		5		1		16
Translation adjustments, accumulated impairments	(1)		—		—		(1)		(2)
	9		2		5		4		20

Balance as of September 30, 2020
Goodwill	529		1,212		259		394		2,394
Accumulated impairments	(96)		(817)		(26)		(34)		(973)
	$	433	$	395	$	233	$	360	$	1,421

Other intangible assets consist of the following:


	September 30, 2020						June 30, 2020
(In millions)	Gross Carrying Value		Accumulated Amortization		Total Net Book Value		Gross Carrying Value		Accumulated Amortization		Total Net Book Value
Amortizable intangible assets:
Customer lists and other	$	1,615	$	500	$	1,115	$	1,590	$	475	$	1,115
License agreements	43		43		$	—	43		43		$	—
	$	1,658	$	543	$	1,115	$	1,633	$	518	$	1,115
Non-amortizable intangible assets:
Trademarks and other					1,243						1,223
Total intangible assets					$	2,358					$	2,338

The aggregate amortization expense related to amortizable intangible assets was $25 million and $11 million for the three months ended September 30, 2020 and 2019, respectively. The estimated aggregate amortization expense for the remainder of fiscal 2021 and for each of the next four fiscal years is as follows:


	Fiscal
(In millions)	2021		2022		2023		2024		2025
Estimated aggregate amortization expense	$	77	$	102	$	101	$	100	$	99