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GOODWILL AND OTHER INTANGIBLE ASSETS
3 Months Ended
Sep. 30, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
GOODWILL AND OTHER INTANGIBLE ASSETS GOODWILL AND OTHER INTANGIBLE ASSETS
Goodwill

The Company assigns goodwill at the time of acquisition to a reporting unit, which is one level below the Company's operating segments. The skin care, makeup, fragrance and hair care product categories are the Company's operating segments.

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, 2025
Goodwill
$1,616 $1,116 $260 $353 $3,345 
Accumulated impairments
(435)(745)(30)— (1,210)
1,181 371 230 353 2,135 
Translation adjustments, goodwill
(24)— — — (24)
Translation adjustments, accumulated impairments
— — — 
(16)— — — (16)
Balance as of September 30, 2025
Goodwill
1,592 1,116 260 353 3,321 
Accumulated impairments
(427)(745)(30)— (1,202)
Total goodwill
$1,165 $371 $230 $353 $2,119 
Other Intangible Assets

Other intangible assets consist of the following:

September 30, 2025June 30, 2025
(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
$1,954 $1,355 $599 $1,984 $1,348 $636 
Non-amortizable intangible assets:
Trademarks3,107 3,123 
Total other intangible assets, net
$3,706 $3,759 

The aggregate amortization expense related to amortizable intangible assets was $26 million and $36 million for the three months ended September 30, 2025 and 2024, respectively.

The estimated aggregate amortization expense for the remainder of fiscal 2026 and for each of the next four fiscal years is as follows:
Fiscal
(In millions)20262027202820292030
Estimated aggregate amortization expense$78 $87 $71 $69 $67