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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)202520242023
The Americas$4,411 $4,581 $4,518 
Europe, the Middle East & Africa5,375 6,140 6,225 
Asia/Pacific4,537 4,888 5,194 
14,323 15,609 15,937 
Returns associated with restructuring and other activities(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)20252024
Allowance for credit losses, beginning of year
$14 $16 
Provision (adjustment) for expected credit losses11 (4)
Write-offs, net & other
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)20252024
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 period257 316 
Other(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 
Thereafter133