XML 288 R49.htm IDEA: XBRL DOCUMENT
v3.25.2

REVENUE RECOGNITION (Tables) | 12 Months Ended
--- | ---
Jun. 30, 2025
Revenue from Contract with Customer [Abstract] |
Schedule of Disaggregation of Net Sales by Geographic Region | Disaggregation of net sales by the Company's geographic regions are as follows:
|  | Year Ended June 30,
(In millions) |  | 2025 |  | 2024 |  | 2023
The Americas |  | $ | 4,411 |  |  | $ | 4,581 |  |  | $ | 4,518 |
Europe, the Middle East & Africa |  | 5,375 |  |  | 6,140 |  |  | 6,225 |
Asia/Pacific |  | 4,537 |  |  | 4,888 |  |  | 5,194 |
|  | 14,323 |  |  | 15,609 |  |  | 15,937 |
Returns associated with restructuring and other activities |  | 3 |  |  | (1) |  |  | (27) |
Net sales |  | $ | 14,326 |  |  | $ | 15,608 |  |  | $ | 15,910 |
(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.
Schedule of changes in allowance for credit losses | Changes in the allowance for credit losses are as follows:
|  | June 30,
(In millions) |  | 2025 |  | 2024
Allowance for credit losses, beginning of year |  | $ | 14 |  |  | $ | 16 |
Provision (adjustment) for expected credit losses |  | 11 |  |  | (4) |
Write-offs, net & other |  | 1 |  |  | 2 |
Allowance for credit losses, end of year |  | $ | 26 |  |  | $ | 14 |
Schedule of significant changes in deferred revenue | Changes in deferred revenue are as follows:
|  | June 30,
(In millions) |  | 2025 |  | 2024
Deferred revenue, beginning of year |  | $ | 560 |  |  | $ | 572 |
Revenue recognized that was included in the deferred revenue balance at the beginning of the period |  | (288) |  |  | (316) |
Revenue deferred during the period |  | 257 |  |  | 316 |
Other |  | 4 |  |  | (12) |
Deferred revenue, end of year |  | $ | 533 |  |  | $ | 560 |
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction | As of June 30, 2025, the remaining contractually guaranteed minimum royalty amounts due to the Company during future periods are as follows:
(In millions) |  | Minimum Remaining Royalties
Fiscal 2026 |  | $ | 30 |
Fiscal 2027 |  | 31 |
Fiscal 2028 |  | 33 |
Fiscal 2029 |  | 34 |
Fiscal 2030 |  | 35 |
Thereafter |  | 133 |

X
- Definition Tabular disclosure of allowance for credit loss on accounts receivable. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 326 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 13 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479319/326-20-50-13 + Details
Name: | us-gaap_AccountsReceivableAllowanceForCreditLossTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of receivable, contract asset, and contract liability from contract with customer. Includes, but is not limited to, change in contract asset and contract liability. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 10 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-10 + Details
Name: | us-gaap_ContractWithCustomerAssetAndLiabilityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

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

X
- Definition Tabular disclosure of revenue from external customers by geographic areas attributed to the entity's country of domicile and to foreign countries from which the entity derives revenue. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 41 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-41 + Details
Name: | us-gaap_RevenueFromExternalCustomersByGeographicAreasTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of expected timing for satisfying remaining performance obligation. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name Accounting Standards Codification -Section 50 -Paragraph 13 -Subparagraph (b)(1) -SubTopic 10 -Topic 606 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-13 + Details
Name: | us-gaap_RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration