XML 18 R8.htm IDEA: XBRL DOCUMENT
v3.23.3

GOODWILL AND OTHER INTANGIBLE ASSETS | 3 Months Ended
--- | ---
Sep. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract] |
GOODWILL AND OTHER INTANGIBLE ASSETS | GOODWILL AND OTHER INTANGIBLE ASSETS Goodwill 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, 2023 |  |  |  |  |  |  |  |  |  |
Goodwill |  | $ | 1,664 |  |  | $ | 1,116 |  |  | $ | 254 |  |  | $ | 353 |  |  | $ | 3,387 |
Accumulated impairments |  | (139) |  |  | (732) |  |  | (30) |  |  | — |  |  | (901) |
|  | 1,525 |  |  | 384 |  |  | 224 |  |  | 353 |  |  | 2,486 |
Translation adjustments, goodwill |  | (30) |  |  | — |  |  | (3) |  |  | — |  |  | (33) |
Translation adjustments, accumulated impairments |  | 1 |  |  | — |  |  | 1 |  |  | — |  |  | 2 |
|  | (29) |  |  | — |  |  | (2) |  |  | — |  |  | (31) |
Balance as of September 30, 2023 |  |  |  |  |  |  |  |  |  |
Goodwill |  | 1,634 |  |  | 1,116 |  |  | 251 |  |  | 353 |  |  | 3,354 |
Accumulated impairments |  | (138) |  |  | (732) |  |  | (29) |  |  | — |  |  | (899) |
|  | $ | 1,496 |  |  | $ | 384 |  |  | $ | 222 |  |  | $ | 353 |  |  | $ | 2,455 |
Other Intangible Assets Other intangible assets consist of the following:
|  | September 30, 2023 |  | June 30, 2023
(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 |  | $ | 2,002 |  |  | $ | 796 |  |  | $ | 1,206 |  |  | $ | 2,030 |  |  | $ | 766 |  |  | $ | 1,264 |
Non-amortizable intangible assets: |  |  |  |  |  |  |  |  |  |  |  |
Trademarks |  |  |  |  |  | 4,309 |  |  |  |  |  |  | 4,338 |
Total intangible assets |  |  |  |  |  | $ | 5,515 |  |  |  |  |  |  | $ | 5,602 |
The aggregate amortization expense related to amortizable intangible assets was $36 million for the three months ended September 30, 2023 and 2022. The estimated aggregate amortization expense for the remainder of fiscal 2024 and for each of the next four fiscal years is as follows:
|  | Fiscal
(In millions) |  | 2024 |  | 2025 |  | 2026 |  | 2027 |  | 2028
Estimated aggregate amortization expense |  | $ | 108 |  |  | $ | 144 |  |  | $ | 144 |  |  | $ | 126 |  |  | $ | 101 |

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

X
- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 350 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//350/tableOfContent + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration