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SEGMENT DATA AND RELATED INFORMATION (Tables) | 12 Months Ended
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Jun. 30, 2021
Segment Reporting [Abstract] |
Schedule of segment data and related information |
|  | Year Ended June 30
(In millions) |  | 2021 |  | 2020 |  | 2019
PRODUCT CATEGORY DATA |  |  |  |  |  |
Net sales: |  |  |  |  |  |
Skin Care |  | $ | 9,484 |  |  | $ | 7,382 |  |  | $ | 6,551 |
Makeup |  | 4,203 |  |  | 4,794 |  |  | 5,860 |
Fragrance |  | 1,926 |  |  | 1,563 |  |  | 1,802 |
Hair Care |  | 571 |  |  | 515 |  |  | 584 |
Other |  | 45 |  |  | 40 |  |  | 69 |
|  | 16,229 |  |  | 14,294 |  |  | 14,866 |
Returns associated with restructuring and other activities |  | (14) |  |  | — |  |  | (3) |
Net sales |  | $ | 16,215 |  |  | $ | 14,294 |  |  | $ | 14,863 |
Depreciation and amortization: |  |  |  |  |  |
Skin Care |  | $ | 330 |  |  | $ | 268 |  |  | $ | 202 |
Makeup |  | 210 |  |  | 242 |  |  | 257 |
Fragrance |  | 78 |  |  | 71 |  |  | 69 |
Hair Care |  | 31 |  |  | 28 |  |  | 26 |
Other |  | 2 |  |  | 2 |  |  | 3 |
|  | $ | 651 |  |  | $ | 611 |  |  | $ | 557 |
Operating income (loss) before charges associated with restructuring and other activities: |  |  |  |  |  |
Skin Care |  | $ | 3,036 |  |  | $ | 2,125 |  |  | $ | 1,925 |
Makeup |  | (384) |  |  | (1,438) |  |  | 438 |
Fragrance |  | 215 |  |  | 17 |  |  | 140 |
Hair Care |  | (19) |  |  | (19) |  |  | 39 |
Other |  | (2) |  |  | 4 |  |  | 12 |
|  | 2,846 |  |  | 689 |  |  | 2,554 |
Reconciliation: |  |  |  |  |  |
Charges associated with restructuring and other activities |  | (228) |  |  | (83) |  |  | (241) |
Interest expense |  | (173) |  |  | (161) |  |  | (133) |
Interest income and investment income, net |  | 51 |  |  | 48 |  |  | 58 |
Other components of net periodic benefit cost |  | (12) |  |  | (4) |  |  | (2) |
Other income, net |  | 847 |  |  | 557 |  |  | 71 |
Earnings before income taxes |  | $ | 3,331 |  |  | $ | 1,046 |  |  | $ | 2,307 |
|  | Year Ended June 30
(In millions) |  | 2021 |  | 2020 |  | 2019
GEOGRAPHIC DATA(1) |  |  |  |  |  |
Net sales: |  |  |  |  |  |
The Americas |  | $ | 3,797 |  |  | $ | 3,794 |  |  | $ | 4,741 |
Europe, the Middle East & Africa |  | 6,946 |  |  | 6,262 |  |  | 6,452 |
Asia/Pacific |  | 5,486 |  |  | 4,238 |  |  | 3,673 |
|  | 16,229 |  |  | 14,294 |  |  | 14,866 |
Returns associated with restructuring and other activities |  | (14) |  |  | — |  |  | (3) |
Net sales |  | $ | 16,215 |  |  | $ | 14,294 |  |  | $ | 14,863 |
Operating income (loss): |  |  |  |  |  |
The Americas |  | $ | 518 |  |  | $ | (1,044) |  |  | $ | 672 |
Europe, the Middle East & Africa |  | 1,335 |  |  | 997 |  |  | 1,153 |
Asia/Pacific |  | 993 |  |  | 736 |  |  | 729 |
|  | 2,846 |  |  | 689 |  |  | 2,554 |
Charges associated with restructuring and other activities |  | (228) |  |  | (83) |  |  | (241) |
Operating income |  | $ | 2,618 |  |  | $ | 606 |  |  | $ | 2,313 |
Total assets: |  |  |  |  |  |
The Americas |  | $ | 11,387 |  |  | $ | 9,189 |  |  | $ | 7,661 |
Europe, the Middle East & Africa |  | 5,907 |  |  | 4,319 |  |  | 3,862 |
Asia/Pacific |  | 4,677 |  |  | 4,273 |  |  | 1,633 |
|  | $ | 21,971 |  |  | $ | 17,781 |  |  | $ | 13,156 |
Long-lived assets(2): |  |  |  |  |  |
The Americas |  | $ | 2,521 |  |  | $ | 2,512 |  |  | $ | 1,230 |
Europe, the Middle East & Africa |  | 1,314 |  |  | 1,306 |  |  | 647 |
Asia/Pacific |  | 635 |  |  | 519 |  |  | 191 |
|  | $ | 4,470 |  |  | $ | 4,337 |  |  | $ | 2,068 |
(1)The net sales from the Company's travel retail business are included in the Europe, the Middle East & Africa region, with the exception of the net sales of Dr. Jart+ in the travel retail channel that are reflected in Korea in the Asia/Pacific region. Operating income attributable to the travel retail sales included in Europe, the Middle East & Africa is included in that region and in The Americas. (2)Includes property, plant and equipment, net. Fiscal 2021 and 2020 also includes operating lease ROU assets, recognized as a result of the adoption of ASC 842. Refer to Note 2 – Summary of Significant Accounting Policies for information.

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8906-108599 + Details
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