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SEGMENT DATA AND RELATED INFORMATION
 3 Months Ended
Sep. 30, 2025
Segment Reporting [Abstract]  
SEGMENT DATA AND RELATED INFORMATION SEGMENT DATA AND RELATED INFORMATION
Operating segments include components of an enterprise for which separate financial information is available that are regularly reviewed by the chief operating decision maker in deciding how to allocate resources and in assessing performance. Although the Company operates in one business segment, beauty products, the chief operating decision maker evaluates performance based on its four major product categories: skin care, makeup, fragrance and hair care. These product categories meet the definition of operating and reportable segments and, accordingly, additional financial data is provided below. Royalty revenue associated with the license of the TOM FORD trademark as well as sales and related results of ancillary products and services that do not fit within the Company's definitions of skin care, makeup, fragrance and hair care are included in the other category.

Segment net sales and operating income is before the impacts of restructuring and other activities and the impacts from the other category described above. Returns and charges associated with restructuring and other activities are not allocated to the Company's segments because they are centrally directed and controlled, are not included in internal measures of segment performance and result from activities that are deemed Company-wide initiatives to redesign, resize and reorganize select areas of the business.

The assets and liabilities of the Company are managed centrally and are reported internally in the same manner as the consolidated financial statements; thus, no additional information is produced for the chief operating decision maker or included herein.
Information about the Company's four operating segments is as follows:

(In millions)
Three Months Ended
September 30, 2025
Skin CareMakeupFragranceHair CareTotal
Net sales
$3,481 
Less: Other category net sales
25 
Less: Returns associated with restructuring and other activities
1 
Segment net sales
$1,575 $1,030 $721 $129 $3,455 
Cost of sales419 280 180 36 915 
Selling, general and administrative expenses969 765 455 105 2,294 
Segment operating income (loss)$187 $(15)$86 $(12)$246 
Other category operating income
9 
Charges associated with restructuring and other activities
(86)
Operating income
169 
Reconciliation to earnings before income taxes:
Interest expense(86)
Interest income and investment income, net30 
Other components of net periodic benefit cost(4)
Earnings before income taxes
$109 
Segment depreciation and amortization
$90 $59 $41 $8 $198 
Other category
2 
Depreciation and amortization$200 
(In millions)
Three Months Ended
September 30, 2024
Skin CareMakeupFragranceHair CareTotal
Net sales
$3,361 
Less: Other category net sales
25 
Less: Returns associated with restructuring and other activities
—
Segment net sales
$1,529 $1,038 $630 $139 $3,336 
Cost of sales424 295 149 40 908 
Selling, general and administrative expenses988 769 421 117 2,295 
Other segment items(1)
— 159 — — 159 
Segment operating income (loss)
$117 $(185)$60 $(18)$(26)
Other category operating income
11 
Charges associated with restructuring and other activities
(106)
Operating loss
(121)
Reconciliation to loss before income taxes:
Interest expense(92)
Interest income and investment income, net35 
Other components of net periodic benefit cost(2)
Loss before income taxes
$(180)
Segment depreciation and amortization
$95 $64 $39 $9 $207 
Other category
1 
Depreciation and amortization$208 
(1) Other segment items include Talcum litigation settlement agreements