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SEGMENT DATA AND RELATED INFORMATION
12 Months Ended
Jun. 30, 2021
Segment Reporting [Abstract]  
SEGMENT DATA AND RELATED INFORMATION SEGMENT DATA AND RELATED INFORMATION
Reportable operating segments include components of an enterprise about which separate financial information is available that is evaluated regularly by the chief operating decision maker (the “Chief Executive”) in deciding how to allocate resources and in assessing performance. As a result of the similarities in the manufacturing, marketing and distribution processes for all of the Company’s products, much of the information provided in the consolidated financial statements is similar to, or the same as, that reviewed on a regular basis by the Chief Executive. Although the Company operates in one business segment, beauty products, management also evaluates performance on a product category basis. While the Company’s results of operations are also reviewed on a consolidated basis, the Chief Executive reviews data segmented on a basis that facilitates comparison to industry statistics. Accordingly, net sales, depreciation and amortization, and operating income are available with respect to the manufacture and distribution of skin care, makeup, fragrance, hair care and other products. These product categories meet the definition of operating segments and, accordingly, additional financial data are provided below. The “other” segment includes the sales and related results of ancillary products and services that do not fit the definition of skin care, makeup, fragrance and hair care. Product category performance is measured based upon net sales before returns associated with restructuring and other activities, and earnings before income taxes, other components of net periodic benefit cost, interest expense, interest income and investment income, net, other income, net and charges associated with restructuring and other activities. Returns and charges associated with restructuring and other activities are not allocated to the Company's product categories or geographic regions because they are centrally directed and controlled, are not included in internal measures of product category or geographic region performance and result from activities that are deemed Company-wide initiatives to redesign, resize and reorganize select areas of the business. 
During fiscal 2020, changes were made to reflect certain Leading Beauty Forward enhancements made to the capabilities and cost structure of the Company’s travel retail business, which are primarily centralized in The Americas region, and resulted in a change to the royalty structure of the travel retail business to reflect the value created in The Americas region. Accordingly, the fiscal 2019 operating income of The Americas was increased, with a corresponding decrease in Europe, the Middle East & Africa, by $866 million to conform with the fiscal 2021 and 2020 methodology and presentation.

The accounting policies for the Company’s reportable segments are substantially the same as those described in the summary of significant accounting policies, except for depreciation and amortization charges, which are allocated, primarily, based upon net sales. The assets and liabilities of the Company are managed centrally and are reported internally in the same manner as the consolidated financial statements; thus, no additional information is produced for the Chief Executive or included herein.
 Year Ended June 30
(In millions)202120202019
PRODUCT CATEGORY DATA   
Net sales:   
Skin Care$9,484 $7,382 $6,551 
Makeup4,203 4,794 5,860 
Fragrance1,926 1,563 1,802 
Hair Care571 515 584 
Other45 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 
Makeup210 242 257 
Fragrance78 71 69 
Hair Care31 28 26 
Other
$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 
Fragrance215 17 140 
Hair Care(19)(19)39 
Other(2)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, net51 48 58 
Other components of net periodic benefit cost(12)(4)(2)
Other income, net847 557 71 
Earnings before income taxes$3,331 $1,046 $2,307 
 Year Ended June 30
(In millions)202120202019
GEOGRAPHIC DATA(1)
Net sales:
The Americas$3,797 $3,794 $4,741 
Europe, the Middle East & Africa6,946 6,262 6,452 
Asia/Pacific5,486 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 & Africa1,335 997 1,153 
Asia/Pacific993 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 & Africa5,907 4,319 3,862 
Asia/Pacific4,677 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 & Africa1,314 1,306 647 
Asia/Pacific635 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.

Net sales are predominantly attributed to a country within a geographic region based on the location of the customer. The Company is domiciled in the United States. Net sales in the United States, including net sales from travel retail locations, in fiscal 2021, 2020 and 2019 were $3,356 million, $3,449 million and $4,295 million, respectively. Net sales in mainland China, including net sales from travel retail locations, in fiscal 2021, 2020 and 2019 were approximately 36%, 24% and 17% of consolidated net sales, respectively, and no other country represented greater than 10% of the Company’s consolidated net sales. The Company’s long-lived assets in the United States at June 30, 2021, 2020 and 2019 were $2,075 million, $2,192 million and $953 million, respectively.