XML 29 R19.htm IDEA: XBRL DOCUMENT
v3.22.2.2

SEGMENT DATA AND RELATED INFORMATION | 3 Months Ended
--- | ---
Sep. 30, 2022
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. Although the Company operates in one business segment, beauty products, management also evaluates performance on a product category basis. Product category performance is measured based upon net sales before returns associated with restructuring and other activities, and operating income (loss) before 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. The accounting policies for the Company’s reportable segments are substantially the same as those for the consolidated financial statements, as described in the notes to consolidated financial statements in the Company’s Annual Report on Form 10-K for the fiscal year ended June 30, 2022. 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. There has been no significant variance in the total or long-lived asset values associated with the Company’s segment data since June 30, 2022.
|  |  |  |  |  | Three Months Ended September 30
(In millions) |  |  |  |  |  |  |  |  |  | 2022 |  | 2021
PRODUCT CATEGORY DATA |  |  |  |  |  |  |  |  |  |  |  |
Net sales: |  |  |  |  |  |  |  |  |  |  |  |
Skin Care |  |  |  |  |  |  |  |  |  | $ | 2,104 |  |  | $ | 2,449 |
Makeup |  |  |  |  |  |  |  |  |  | 1,052 |  |  | 1,174 |
Fragrance |  |  |  |  |  |  |  |  |  | 607 |  |  | 609 |
Hair Care |  |  |  |  |  |  |  |  |  | 158 |  |  | 148 |
Other |  |  |  |  |  |  |  |  |  | 14 |  |  | 13 |
|  |  |  |  |  |  |  |  |  | 3,935 |  |  | 4,393 |
Returns associated with restructuring and other activities |  |  |  |  |  |  |  |  |  | (5) |  |  | (1) |
Net sales |  |  |  |  |  |  |  |  |  | $ | 3,930 |  |  | $ | 4,392 |
Operating income (loss) before charges associated with restructuring and other activities: |  |  |  |  |  |  |  |  |  |  |  |
Skin Care |  |  |  |  |  |  |  |  |  | $ | 530 |  |  | $ | 717 |
Makeup |  |  |  |  |  |  |  |  |  | 16 |  |  | 91 |
Fragrance |  |  |  |  |  |  |  |  |  | 133 |  |  | 131 |
Hair Care |  |  |  |  |  |  |  |  |  | (12) |  |  | 2 |
Other |  |  |  |  |  |  |  |  |  | — |  |  | — |
|  |  |  |  |  |  |  |  |  | 667 |  |  | 941 |
Reconciliation: |  |  |  |  |  |  |  |  |  |  |  |
Charges associated with restructuring and other activities |  |  |  |  |  |  |  |  |  | (6) |  |  | (6) |
Interest expense |  |  |  |  |  |  |  |  |  | (46) |  |  | (42) |
Interest income and investment income, net |  |  |  |  |  |  |  |  |  | 15 |  |  | 4 |
Other components of net periodic benefit cost |  |  |  |  |  |  |  |  |  | 3 |  |  | (1) |
Other income |  |  |  |  |  |  |  |  |  | — |  |  | 1 |
Earnings before income taxes |  |  |  |  |  |  |  |  |  | $ | 633 |  |  | $ | 897 |
GEOGRAPHIC DATA(1) |  |  |  |  |  |  |  |  |  |  |  |
Net sales: |  |  |  |  |  |  |  |  |  |  |  |
The Americas |  |  |  |  |  |  |  |  |  | $ | 1,123 |  |  | $ | 1,194 |
Europe, the Middle East & Africa |  |  |  |  |  |  |  |  |  | 1,682 |  |  | 1,873 |
Asia/Pacific |  |  |  |  |  |  |  |  |  | 1,130 |  |  | 1,326 |
|  |  |  |  |  |  |  |  |  | 3,935 |  |  | 4,393 |
Returns associated with restructuring and other activities |  |  |  |  |  |  |  |  |  | (5) |  |  | (1) |
Net sales |  |  |  |  |  |  |  |  |  | $ | 3,930 |  |  | $ | 4,392 |
Operating income: |  |  |  |  |  |  |  |  |  |  |  |
The Americas |  |  |  |  |  |  |  |  |  | $ | 125 |  |  | $ | 254 |
Europe, the Middle East & Africa |  |  |  |  |  |  |  |  |  | 334 |  |  | 465 |
Asia/Pacific |  |  |  |  |  |  |  |  |  | 208 |  |  | 222 |
|  |  |  |  |  |  |  |  |  | 667 |  |  | 941 |
Charges associated with restructuring and other activities |  |  |  |  |  |  |  |  |  | (6) |  |  | (6) |
Operating income |  |  |  |  |  |  |  |  |  | $ | 661 |  |  | $ | 935 |
(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 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.

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8924-108599 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8981-108599 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9031-108599 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (f) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8933-108599 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (e) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9038-108599 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (d) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8933-108599 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8736-108599 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9054-108599 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 15 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8657-108599 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8721-108599 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI https://asc.fasb.org/topic&trid=2134510 + Details
Name: | us-gaap_SegmentReportingDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration