XML 104 R51.htm IDEA: XBRL DOCUMENT v3.21.2

SEGMENT DATA AND RELATED INFORMATION (Tables)

12 Months Ended

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.

X

- 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

Name:	us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_SegmentReportingAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration