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GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)
9 Months Ended
Mar. 31, 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, 2022
Goodwill
$1,702 $1,116 $249 $353 $3,420 
Accumulated impairments
(138)(732)(29)— (899)
1,564 384 220 353 2,521 
Translation and other adjustments, goodwill(56)— — (51)
Translation and other adjustments, accumulated impairments(1)— (1)— (2)
(57)— — (53)
Balance as of March 31, 2023
Goodwill
1,646 1,116 254 353 3,369 
Accumulated impairments
(139)(732)(30)— (901)
$1,507 $384 $224 $353 $2,468 
Schedule of other intangible assets, by type
Other intangible assets consist of the following:

March 31, 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$2,036 $734 $1,302 $2,064 $628 $1,436 
Non-amortizable intangible assets:
Trademarks1,743 1,992 
Total intangible assets
$3,045 $3,428 
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 2023 and for each of the next four fiscal years is as follows:

Fiscal
(In millions)20232024202520262027
Estimated aggregate amortization expense$38 $146 $146 $146 $129 
Summary of impairment charges and carrying value of intangible assets
A summary of the impairment charges for the three and nine months ended March 31, 2023 and the remaining trademark and goodwill carrying values as of March 31, 2023, for each reporting unit, are as follows:

Impairment ChargesCarrying Value
(In millions)Three Months Ended
March 31, 2023
Nine Months Ended
March 31, 2023
As of March 31, 2023
Reporting UnitGeographic RegionTrademarksGoodwillTrademarksGoodwillTrademarksGoodwill
SmashboxThe Americas$— $— $21 $— $— $— 
Dr.Jart+Asia/Pacific— — 100 — 330 310 
Too FacedThe Americas— — 86 — 186 13 
Total$— $— $207 $— $516 $323 
A summary of the impairment charges for the three and nine months ended March 31, 2022 and the remaining trademark and goodwill carrying values as of March 31, 2022, for each reporting unit, are as follows:

(In millions)Impairment ChargesCarrying Value
Three and Nine Months Ended March 31, 2022As of March 31, 2022
Reporting UnitGeographic RegionTrademarksGoodwillTrademarksGoodwill
GLAMGLOWThe Americas$11 $— $— $— 
Dr.Jart+Asia/Pacific205 — 486 332 
Total$216 $— $486 $332