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GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)
12 Months Ended
Jun. 30, 2023
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 CareMakeupFragranceHair CareTotal
Balance as of June 30, 2021     
Goodwill$1,786$1,214$262$355$3,617
Accumulated impairments(141)(830)(30)(1,001)
 1,6453842323552,616
Goodwill measurement period adjustment1313
Translation and other adjustments, goodwill(97)(98)(13)(2)(210)
Translation and other adjustments, accumulated impairments3981102
 (81)(12)(2)(95)
Balance as of June 30, 2022
Goodwill1,7021,1162493533,420
Accumulated impairments(138)(732)(29)(899)
 1,5643842203532,521
Translation and other adjustments, goodwill(38)5(33)
Translation and other adjustments, accumulated impairments(1)(1)(2)
 (39)4(35)
Balance as of June 30, 2023
Goodwill1,6641,1162543533,387
Accumulated impairments(139)(732)(30)(901)
 $1,525$384$224$353$2,486
Schedule of other intangible assets
Other intangible assets consist of the following:
June 30, 2023June 30, 2022
(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, license agreements and other$2,030 $766 $1,264 $2,064 $628 $1,436 
Non-amortizable intangible assets:
Trademarks4,338 1,992 
Total intangible assets$5,602 $3,428 
Estimated aggregate amortization expense for the next five years The estimated aggregate amortization expense for each of the next five fiscal years is as follows:
 Fiscal
(In millions)20242025202620272028
Estimated aggregate amortization expense$146 $146 $146 $129 $104 
Summary of impairment charges and carrying value of intangible assets
A summary of the impairment charges for the twelve months ended June 30, 2023 and the remaining trademark and goodwill carrying values as of June 30, 2023, for each reporting unit, are as follows:
Impairment ChargesCarrying Value
(In millions)Twelve Months Ended
June 30, 2023
As of June 30, 2023
Reporting UnitGeographic RegionTrademarksGoodwillTrademarksGoodwill
SmashboxThe Americas$21 $— $— $— 
Dr.Jart+Asia/Pacific100 — 325 304 
Too FacedThe Americas86 — 186 13 
Total$207 $— $511 $317 
A summary of the trademark impairment charges for the three and twelve months ended June 30, 2022 and the remaining carrying values as of June 30, 2022, for each reporting unit, are as follows:

(In millions)Impairment ChargesCarrying Value
Reporting Unit:Geographic RegionThree Months Ended June 30, 2022Twelve Months Ended June 30, 2022As of June 30, 2022
GLAMGLOWThe Americas$— $11 $— 
Dr.Jart+Asia/Pacific25 230 428 
Total$25 $241 $428 
A summary of the impairment charges for the three and twelve months ended June 30, 2021 and the remaining trademark, customer lists and goodwill carrying values as of June 30, 2021, for each reporting unit, are as follows:
Impairment Charges
(In millions)Three Months Ended June 30, 2021Twelve Months Ended June 30, 2021Carrying Value as of June 30, 2021
Reporting Unit:Product CategoryTrademarkCustomer ListsGoodwillTrademarkCustomer ListsGoodwillTrademarkCustomer ListsGoodwill
GLAMGLOWSkin care$25 $— $— $46 $$54 $11 $— $— 
SmashboxMakeup11 — — 11 — — 21 — — 
Total$36 $— $— $57 $$54 $32 $— $—