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GOODWILL AND OTHER INTANGIBLE ASSETS (Tables) | 6 Months Ended
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Dec. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of goodwill by product category and related change in the carrying amount | 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 |  | — |  |  | 6 |  |  | — |  |  | 4 |  |  | 10 |
Impairment charges |  | (54) |  |  | — |  |  | — |  |  | — |  |  | (54) |
Translation adjustments, goodwill |  | 36 |  |  | — |  |  | 9 |  |  | 3 |  |  | 48 |
Translation adjustments, accumulated impairments |  | (2) |  |  | — |  |  | — |  |  | (2) |  |  | (4) |
|  | (20) |  |  | 6 |  |  | 9 |  |  | 5 |  |  | — |
Balance as of December 31, 2020 |  |  |  |  |  |  |  |  |  |
Goodwill |  | 555 |  |  | 1,216 |  |  | 263 |  |  | 396 |  |  | 2,430 |
Accumulated impairments |  | (151) |  |  | (817) |  |  | (26) |  |  | (35) |  |  | (1,029) |
|  | $ | 404 |  |  | $ | 399 |  |  | $ | 237 |  |  | $ | 361 |  |  | $ | 1,401 |
Schedule of other intangible assets, by type | Other intangible assets consist of the following:
|  | December 31, 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 |  | $ | 1,684 |  |  | $ | 537 |  |  | $ | 1,147 |  |  | $ | 1,590 |  |  | $ | 475 |  |  | $ | 1,115 |
License agreements |  | 43 |  |  | 43 |  |  | — |  |  | 43 |  |  | 43 |  |  | — |
|  | $ | 1,727 |  |  | $ | 580 |  |  | 1,147 |  |  | $ | 1,633 |  |  | $ | 518 |  |  | 1,115 |
Non-amortizable intangible assets: |  |  |  |  |  |  |  |  |  |  |  |
Trademarks and other |  |  |  |  |  | 1,277 |  |  |  |  |  |  | 1,223 |
Total intangible assets |  |  |  |  |  | $ | 2,424 |  |  |  |  |  |  | $ | 2,338 |
Estimated aggregate amortization expense for the remainder of the current fiscal year and the next four years | 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 |  | $ | 52 |  |  | $ | 105 |  |  | $ | 104 |  |  | $ | 104 |  |  | $ | 104 |
Summary of impairment charges and carrying value of intangible assets | A summary of the impairment charges for the three and six months ended December 31, 2019 and the remaining trademark and goodwill carrying values as of December 31, 2019, for each reporting unit, are as follows:
(In millions) |  | Impairment Charge |  | Carrying Value
Reporting Unit: |  | Trademark |  | Goodwill |  | Trademark |  | Goodwill
Too Faced |  | $ | 211 |  |  | $ | 430 |  |  | $ | 314 |  |  | $ | 175 |
BECCA |  | 33 |  |  | 35 |  |  | 65 |  |  | 63 |
Smashbox |  | 22 |  |  | 46 |  |  | 33 |  |  | 26 |
Total |  | $ | 266 |  |  | $ | 511 |  |  | $ | 412 |  |  | $ | 264 |

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- Definition Tabular disclosure of amortizable finite-lived intangible assets, including the gross carrying amount and accumulated amortization along with disclosure of the carrying value of indefinite-lived intangible assets not subject to amortization, excluding goodwill, in total and by major class. + References No definition available. + Details
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