<SEC-DOCUMENT>0001001250-25-000097.txt : 20250820
<SEC-HEADER>0001001250-25-000097.hdr.sgml : 20250820
<ACCEPTANCE-DATETIME>20250820080154
ACCESSION NUMBER:		0001001250-25-000097
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		14
CONFORMED PERIOD OF REPORT:	20250820
ITEM INFORMATION:		Results of Operations and Financial Condition
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20250820
DATE AS OF CHANGE:		20250820

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ESTEE LAUDER COMPANIES INC
		CENTRAL INDEX KEY:			0001001250
		STANDARD INDUSTRIAL CLASSIFICATION:	PERFUMES, COSMETICS & OTHER TOILET PREPARATIONS [2844]
		ORGANIZATION NAME:           	08 Industrial Applications and Services
		EIN:				112408943
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0630

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-14064
		FILM NUMBER:		251233911

	BUSINESS ADDRESS:	
		STREET 1:		767 FIFTH AVE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10153
		BUSINESS PHONE:		2125724200

	MAIL ADDRESS:	
		STREET 1:		767 FIFTH AVE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10153
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>el-20250820.htm
<DESCRIPTION>8-K
<TEXT>
<XBRL>
<?xml version='1.0' encoding='ASCII'?>
<!--XBRL Document Created with the Workiva Platform-->
<!--Copyright 2025 Workiva-->
<!--r:44c2a0d9-6c95-4fe0-a0d2-cc251dd24fd0,g:aec2e328-b99d-48ed-b600-3de77e0cb286,d:aebf950e1b814c319aa831206d0d6ef6-->
<html xmlns:ixt="http://www.xbrl.org/inlineXBRL/transformation/2020-02-12" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns:dei="http://xbrl.sec.gov/dei/2024" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:ix="http://www.xbrl.org/2013/inlineXBRL" xmlns:ixt-sec="http://www.sec.gov/inlineXBRL/transformation/2015-08-31" xmlns:xbrli="http://www.xbrl.org/2003/instance" xmlns="http://www.w3.org/1999/xhtml" xml:lang="en-US"><head><meta http-equiv="Content-Type" content="text/html"/>


<title>el-20250820</title></head><body><div style="display:none"><ix:header><ix:hidden><ix:nonNumeric contextRef="c-1" name="dei:EntityCentralIndexKey" id="f-21">0001001250</ix:nonNumeric><ix:nonNumeric contextRef="c-1" name="dei:AmendmentFlag" id="f-22">false</ix:nonNumeric></ix:hidden><ix:references xml:lang="en-US"><link:schemaRef xlink:type="simple" xlink:href="el-20250820.xsd"/></ix:references><ix:resources><xbrli:context id="c-1"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001001250</xbrli:identifier></xbrli:entity><xbrli:period><xbrli:startDate>2025-08-20</xbrli:startDate><xbrli:endDate>2025-08-20</xbrli:endDate></xbrli:period></xbrli:context></ix:resources></ix:header></div><div id="iaebf950e1b814c319aa831206d0d6ef6_1"></div><div style="min-height:27pt;width:100%"><div style="text-align:right"><span><br/></span></div><div><span><br/></span></div></div><div style="-sec-extract:summary"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:12pt;font-weight:400;line-height:120%">&#160;  </span></div><div style="margin-bottom:1pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"/><td style="width:98.900%"/><td style="width:0.1%"/></tr><tr style="height:15pt"><td colspan="3" style="border-top:7pt double #000000;padding:0 1pt"/></tr></table></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:12pt;font-weight:400;line-height:120%">&#160;</span><span style="color:#000000;font-family:'Times New Roman',serif;font-size:13pt;font-weight:700;line-height:120%">UNITED STATES</span></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:13pt;font-weight:700;line-height:120%">SECURITIES AND EXCHANGE COMMISSION</span></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:120%">Washington, D.C. 20549</span></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">____________________</span></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:12pt;font-weight:400;line-height:120%">&#160;</span></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:14pt;font-weight:700;line-height:120%">FORM <ix:nonNumeric contextRef="c-1" name="dei:DocumentType" id="f-1">8-K</ix:nonNumeric></span></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:12pt;font-weight:400;line-height:120%">&#160;</span></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:120%">CURRENT REPORT</span></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:120%">Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934</span></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:12pt;font-weight:400;line-height:120%">&#160;</span></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">Date of Report (Date of earliest event reported)</span></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:120%"><ix:nonNumeric contextRef="c-1" name="dei:DocumentPeriodEndDate" format="ixt:date-monthname-day-year-en" id="f-2">August 20, 2025</ix:nonNumeric></span></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:12pt;font-weight:400;line-height:120%">&#160;</span></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:18pt;font-weight:700;line-height:120%"><ix:nonNumeric contextRef="c-1" name="dei:EntityRegistrantName" id="f-3">The Est&#233;e Lauder Companies Inc.</ix:nonNumeric></span></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">(Exact name of registrant as specified in its charter)</span></div><div><span><br/></span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:91.203%"><tr><td style="width:1.0%"/><td style="width:17.343%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.575%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.236%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:25.126%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:31.220%"/><td style="width:0.1%"/></tr><tr><td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:133%"><ix:nonNumeric contextRef="c-1" name="dei:EntityIncorporationStateCountryCode" format="ixt-sec:stateprovnameen" id="f-4">Delaware</ix:nonNumeric></span></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:133%"><ix:nonNumeric contextRef="c-1" name="dei:EntityFileNumber" id="f-5">1-14064</ix:nonNumeric></span></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:133%"><ix:nonNumeric contextRef="c-1" name="dei:EntityTaxIdentificationNumber" id="f-6">11-2408943</ix:nonNumeric></span></td></tr><tr><td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:133%">(State or other jurisdiction of incorporation)</span></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:133%">(Commission File Number)</span></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:133%">(IRS Employer Identification No.)</span></td></tr><tr style="height:15pt"><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="9" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:center"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:133%"><ix:nonNumeric contextRef="c-1" name="dei:EntityAddressAddressLine1" id="f-7">767 Fifth Avenue</ix:nonNumeric>, <ix:nonNumeric contextRef="c-1" name="dei:EntityAddressCityOrTown" id="f-8">New York</ix:nonNumeric>, <ix:nonNumeric contextRef="c-1" name="dei:EntityAddressStateOrProvince" format="ixt-sec:stateprovnameen" id="f-9">New York</ix:nonNumeric></span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:133%"><ix:nonNumeric contextRef="c-1" name="dei:EntityAddressPostalZipCode" id="f-10">10153</ix:nonNumeric></span></td></tr><tr><td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:133%">(Address of principal executive offices)</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:133%">(Zip Code)</span></td></tr></table></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">Registrant&#8217;s telephone number, including area code</span></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:120%"><ix:nonNumeric contextRef="c-1" name="dei:CityAreaCode" id="f-11">212</ix:nonNumeric>-<ix:nonNumeric contextRef="c-1" name="dei:LocalPhoneNumber" id="f-12">572-4200</ix:nonNumeric></span></div><div style="text-align:center"><span><br/></span></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:120%">Not Applicable</span></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">(Former name or former address, if changed since last report)</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%"><ix:nonNumeric contextRef="c-1" name="dei:WrittenCommunications" format="ixt-sec:boolballotbox" id="f-13">&#9744;</ix:nonNumeric> Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%"><ix:nonNumeric contextRef="c-1" name="dei:SolicitingMaterial" format="ixt-sec:boolballotbox" id="f-14">&#9744;</ix:nonNumeric> Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%"><ix:nonNumeric contextRef="c-1" name="dei:PreCommencementTenderOffer" format="ixt-sec:boolballotbox" id="f-15">&#9744;</ix:nonNumeric> Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))   </span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%"><ix:nonNumeric contextRef="c-1" name="dei:PreCommencementIssuerTenderOffer" format="ixt-sec:boolballotbox" id="f-16">&#9744;</ix:nonNumeric> Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</span></div><div style="padding-right:-18pt"><span><br/></span></div><div style="padding-right:-18pt"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">Securities registered pursuant to Section 12(b) of the Act:</span></div><div style="padding-right:-18pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"/><td style="width:34.856%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:22.974%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:38.870%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="border-left:0.25pt solid #000000;border-top:0.25pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:133%">Title of each class</span></td><td colspan="3" style="border-left:0.25pt solid #000000;border-top:0.25pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:133%">Trading Symbol(s)</span></td><td colspan="3" style="border-left:0.25pt solid #000000;border-right:0.25pt solid #000000;border-top:0.25pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:133%">Name of each exchange on which registered</span></td></tr><tr><td colspan="3" style="border-bottom:0.25pt solid #000000;border-left:0.25pt solid #000000;border-top:0.25pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:133%"><ix:nonNumeric contextRef="c-1" name="dei:Security12bTitle" id="f-17">Class A Common Stock, $.01 par value</ix:nonNumeric></span></td><td colspan="3" style="border-bottom:0.25pt solid #000000;border-left:0.25pt solid #000000;border-top:0.25pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:133%"><ix:nonNumeric contextRef="c-1" name="dei:TradingSymbol" id="f-18">EL</ix:nonNumeric></span></td><td colspan="3" style="border-bottom:0.25pt solid #000000;border-left:0.25pt solid #000000;border-right:0.25pt solid #000000;border-top:0.25pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:133%"><ix:nonNumeric contextRef="c-1" name="dei:SecurityExchangeName" format="ixt-sec:exchnameen" id="f-19">New York Stock Exchange</ix:nonNumeric></span></td></tr></table></div><div style="padding-right:-18pt"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (&#167;230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (&#167;240.12b-2 of this </span><span style="color:#000000;font-family:'Times New Roman',serif;font-size:9pt;font-weight:400;line-height:120%">chapter).</span></div><div style="padding-right:-18pt"><span><br/></span></div><div style="padding-right:-18pt"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">Emerging growth company <ix:nonNumeric contextRef="c-1" name="dei:EntityEmergingGrowthCompany" format="ixt-sec:boolballotbox" id="f-20">&#9744;</ix:nonNumeric> </span></div><div style="padding-right:-18pt"><span><br/></span></div><div style="padding-right:-18pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"/><td style="width:98.900%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="border-bottom:7pt double #000000;padding:2px 1pt;text-align:left;vertical-align:top"><div style="padding-right:-18pt"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.&#160;&#9744;</span></div><div style="padding-right:-18pt"><span><br/></span></div></td></tr></table></div><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div><span><br/></span></div></div></div><hr style="page-break-after:always"/><div style="min-height:27pt;width:100%"><div style="text-align:right"><span><br/></span></div><div><span><br/></span></div></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:120%">Item 2.02 Results of Operations and Financial Condition</span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">On August&#160;20, 2025, The Est&#233;e Lauder Companies Inc. (the &#8220;Company&#8221;) issued a press release announcing its financial results for its fiscal 2025 full year and fourth quarter. The release includes the Company&#8217;s estimates related to its fiscal 2026 full year net sales and diluted net earnings per common share. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.</span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:120%">Item 9.01 Financial Statements and Exhibits </span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">(d) Exhibits</span></div><div><span><br/></span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"/><td style="width:10.991%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:2.502%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:69.881%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.126%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:133%">Exhibit No.</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:133%">Description</span></td><td colspan="3" style="padding:0 1pt"/></tr><tr style="height:8pt"><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:133%">99.1</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.1pt"><span style="color:#0000ff;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:133%;text-decoration:underline"><a style="-sec-extract:exhibit;color:#0000ff;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:133%;text-decoration:underline" href="elq4fy2025exhibit991.htm">Press Release, dated August 20, 2025, of The Est&#233;e Lauder Companies Inc.</a></span></div></td><td colspan="3" style="padding:0 1pt"/></tr><tr style="height:6pt"><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:133%">104</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:133%">Cover Page Interactive Data File (embedded within the Inline XBRL document).</span></td><td colspan="3" style="padding:0 1pt"/></tr></table></div><div><span><br/></span></div><div style="text-align:center"><span><br/></span></div><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="-sec-extract:summary;text-align:center"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">2</span></div><div style="padding-right:18pt"><span><br/></span></div></div></div><hr style="page-break-after:always"/><div style="min-height:27pt;width:100%"><div style="text-align:right"><span><br/></span></div><div><span><br/></span></div></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:120%">SIGNATURES</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:93.209%"><tr><td style="width:1.0%"/><td style="width:4.860%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:38.800%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:3.535%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:48.405%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="6" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:133%">THE EST&#201;E LAUDER COMPANIES INC.</span></td></tr><tr style="height:15pt"><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr style="height:15pt"><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:133%">Date:</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:0.1pt"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:133%">August&#160;20, 2025</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:133%">By:</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:133%">/s/ Akhil Shrivastava</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:133%">Akhil Shrivastava</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:133%">Executive Vice President and Chief Financial Officer</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:133%">(Principal Financial and Accounting Officer)</span></td></tr></table></div><div style="padding-left:243.35pt"><span><br/></span></div><div><span><br/></span></div><div><span><br/></span></div><div><span><br/></span></div><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="-sec-extract:summary;text-align:center"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">3</span></div><div style="padding-right:18pt"><span><br/></span></div></div></div></body></html>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>elq4fy2025exhibit991.htm
<DESCRIPTION>EX-99.1
<TEXT>
<html><head>
<!-- Document created using Wdesk -->
<!-- Copyright 2025 Workiva -->
<title>Document</title></head><body><div id="i8473bb51a7f945b7b77c54d44655144f_1"></div><div style="min-height:45pt;width:100%"><div style="padding-left:360pt;text-align:right"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Exhibit 99.1</font></div></div><div style="padding-left:27pt;text-align:right;text-indent:-18pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:94.722%"><tr><td style="width:1.0%"></td><td style="width:31.304%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:66.496%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #026dce;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><img alt="footera.jpg" src="footera.jpg" style="height:98px;margin-bottom:5pt;vertical-align:text-bottom;width:160px"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">767 Fifth Avenue</font></div><div><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">New York, NY 10153</font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:100%">&#160;</font></div></td><td colspan="3" style="border-bottom:1pt solid #026dce;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><font style="color:#002453;font-family:'Optima LT Pro',sans-serif;font-size:32pt;font-weight:700;line-height:100%">News</font></div><div style="text-align:right"><font style="color:#3d8ede;font-family:'Optima LT Pro',sans-serif;font-size:11pt;font-weight:400;line-height:100%">&#160;</font></div><div style="text-align:right"><font style="color:#40aeff;font-family:'Optima LT Pro',sans-serif;font-size:11pt;font-weight:400;line-height:100%">Contact&#58;</font></div><div style="text-align:right"><font style="color:#40aeff;font-family:'Optima LT Pro',sans-serif;font-size:11pt;font-weight:700;line-height:100%">Investors&#58;</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:11pt;font-weight:400;line-height:100%"> </font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:11pt;font-weight:700;line-height:100%">Rainey Mancini</font></div><div style="text-align:right"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:11pt;font-weight:400;line-height:100%">rmancini&#64;estee.com</font></div><div style="text-align:right"><font style="color:#3d8ede;font-family:'Optima LT Pro',sans-serif;font-size:11pt;font-weight:700;line-height:100%">&#160;</font></div><div style="text-align:right"><font style="color:#40aeff;font-family:'Optima LT Pro',sans-serif;font-size:11pt;font-weight:700;line-height:100%">Media&#58;</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:11pt;font-weight:400;line-height:100%"> </font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:11pt;font-weight:700;line-height:100%">Brendan Riley</font></div><div style="text-align:right"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:11pt;font-weight:400;line-height:100%">briley&#64;estee.com</font></div><div style="text-align:right"><font><br></font></div></td></tr></table></div><div style="text-align:center"><font><br></font></div><div style="margin-bottom:9pt;text-align:center"><font style="color:#002453;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:700;line-height:16.00pt">THE EST&#201;E LAUDER COMPANIES REPORTS FISCAL 2025 RESULTS</font><font style="color:#002453;font-family:'Optima LT Pro',sans-serif;font-size:6pt;font-weight:700;line-height:16.00pt"> </font></div><div style="margin-bottom:9pt;text-align:center"><font style="color:#002453;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:700;line-height:16.00pt">New Leadership Team Delivers Strategic Progress and Outlook in Fiscal 2025 Second Half</font></div><div style="text-align:center"><font style="color:#002453;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:700;line-height:16.00pt"> Affirms Fiscal 2026 Outlook to Restore Positive Sales Growth and </font></div><div style="margin-bottom:15pt;text-align:center"><font style="color:#002453;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:700;line-height:16.00pt">Improve Operating Profitability </font></div><div style="padding-right:14.4pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:700;line-height:16.00pt">New York, August&#160;20, 2025 - </font><font style="color:#0000ff;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt;text-decoration:underline">The Est&#233;e Lauder Companies Inc.</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt"> (NYSE&#58; EL) today reported its financial results for its fiscal year ended June&#160;30, 2025.</font></div><div style="padding-right:14.4pt"><font><br></font></div><div style="padding-right:14.4pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt">St&#233;phane de La Faverie, President and CEO, said, &#8220;Having closed fiscal 2025 as expected, we remain wholly focused on continuing to execute our strategic vision of Beauty Reimagined with excellence. Despite continued volatility in the external environment, we embarked on fiscal 2026 with signs of momentum and confidence in our outlook to deliver organic sales growth this year after three years of declines and to begin rebuilding operating profitability in pursuit of a solid double-digit adjusted operating margin over the next few years.&#8221;</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:700;line-height:16.00pt;text-decoration:underline">FISCAL 2025 SELECT FINANCIAL RESULTS</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt;text-decoration:underline"> (unaudited)</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:7.8pt;font-weight:400;line-height:16.00pt;position:relative;top:-4.2pt;vertical-align:baseline">1,2</font></div><div style="margin-bottom:6pt;padding-left:36pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:83.888%"><tr><td style="width:1.0%"></td><td style="width:62.310%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.317%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.317%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.656%"></td><td style="width:0.1%"></td></tr><tr style="height:26pt"><td colspan="3" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:0 1pt"></td><td colspan="6" style="background-color:#00497f;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="text-align:center"><font style="color:#ffffff;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Year Ended</font></div><div style="text-align:center"><font style="color:#ffffff;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">June&#160;30</font></div></td><td colspan="3" rowspan="2" style="background-color:#00497f;border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="text-align:center"><font style="color:#ffffff;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Percentage</font></div><div style="text-align:center"><font style="color:#ffffff;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Change</font></div></td></tr><tr style="height:14pt"><td colspan="3" style="border-left:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">($ in millions, except per share data)</font></td><td colspan="3" style="background-color:#00497f;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#ffffff;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2025</font></td><td colspan="3" style="background-color:#00497f;border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#ffffff;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2024</font></td></tr><tr><td colspan="3" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net Sales</font></td><td style="border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">14,326&#160;</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td style="border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">15,608&#160;</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(8)</font></td><td style="border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td></tr><tr><td colspan="3" style="border-left:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Organic Net Sales, Non-GAAP</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">1  </font></div></td><td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">14,351&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">15,609&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(8)</font></td><td style="border-right:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td></tr><tr style="height:3pt"><td colspan="3" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-right:1pt solid #000;border-top:1pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-left:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Other Financial Results&#58;</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-right:1pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-left:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Gross Profit</font></td><td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">10,597&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">11,184&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(5)</font></td><td style="border-right:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td></tr><tr><td colspan="3" style="border-left:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:100%">Gross Margin</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:100%">74.0&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:100%">%</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:100%">71.7&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="border-right:1pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-left:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Adjusted Gross Profit, Non-GAAP</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">1,2</font></div></td><td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">10,602&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">11,186&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(5)</font></td><td style="border-right:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td></tr><tr><td colspan="3" style="border-left:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:100%">Adjusted Gross Margin, Non-GAAP</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:6.5pt;font-style:italic;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">1,2</font></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:100%">74.0&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:100%">%</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:100%">71.7&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="border-right:1pt solid #000;padding:0 1pt"></td></tr><tr style="height:3pt"><td colspan="3" style="border-left:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-right:1pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-left:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Operating (Loss) Income</font></td><td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(785)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">970&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-right:1pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(100+)%</font></td></tr><tr><td colspan="3" style="border-left:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:100%">Operating Margin</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:100%">(5.5)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:100%">%</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:100%">6.2&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="border-right:1pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-left:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Adjusted Operating Income, Non-GAAP</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">1,2</font></div></td><td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,146&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,588&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(28)</font></td><td style="border-right:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td></tr><tr><td colspan="3" style="border-left:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:100%">Adjusted Operating Margin, Non-GAAP</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:6.5pt;font-style:italic;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">1,2</font></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:100%">8.0&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:100%">%</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:100%">10.2&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="border-right:1pt solid #000;padding:0 1pt"></td></tr><tr style="height:5pt"><td colspan="3" style="border-left:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-right:1pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-left:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Diluted Net (Loss) Earnings Per Common Share</font></td><td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(3.15)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1.08&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-right:1pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(100+)%</font></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #000;border-left:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Adjusted Diluted Net Earnings Per Common Share, Non-GAAP</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">1,2</font></div></td><td style="border-bottom:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="border-bottom:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1.51&#160;</font></td><td style="border-bottom:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td style="border-bottom:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="border-bottom:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2.59&#160;</font></td><td style="border-bottom:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(42)</font></td><td style="border-bottom:1pt solid #000;border-right:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td></tr></table></div><div style="border-bottom:1pt solid #000000;margin-bottom:5pt;margin-top:10pt;opacity:1;width:150pt"></div><div><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">1</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">See pages 22 and 23 for reconciliation between GAAP and Adjusted Non-GAAP measures. </font></div><div><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">2</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Adjusted Non-GAAP measures are calculated based on Net Sales adjusted only for Returns associated with restructuring and other activities.</font></div><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:95.000%"><tr><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.234%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt;vertical-align:middle"><div><img alt="footera.jpg" src="footera.jpg" style="height:31px;margin-bottom:5pt;vertical-align:text-bottom;width:50px"></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:100%">Page 1 of <a href="#i8473bb51a7f945b7b77c54d44655144f_4" style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:100%;text-decoration:none">26</a></font></div></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="min-height:45pt;width:100%"><div style="text-align:right"><font><br></font></div></div><div style="margin-bottom:10pt;padding-left:18pt;padding-right:14.4pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt">&#8226;</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt;padding-left:10.73pt">As Reported and Organic </font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:700;line-height:16.00pt">Net sales</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt"> decreased 8%.  </font></div><div style="margin-bottom:10pt;padding-left:18pt;padding-right:14.4pt;text-indent:-18pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt">&#8226;</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt;padding-left:10.73pt">As Reported and Adjusted </font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:700;line-height:16.00pt">Gross margin</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt"> expanded 230 basis points, to 74.0%, despite the decline in net sales, primarily driven by net benefits from the Company&#8217;s Profit Recovery and Growth Plan (&#8220;PRGP&#8221;) through operational efficiencies, lower excess and obsolescence and benefits from our strategic pricing actions.</font></div><div style="margin-bottom:10pt;padding-left:18pt;padding-right:14.4pt;text-indent:-18pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt">&#8226;</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:700;line-height:16.00pt;padding-left:10.73pt">Operating margin</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt"> declined to (5.5)% from 6.2% in the prior year, primarily reflecting the year-over-year increase in both goodwill and other intangible asset impairment charges of $815 million and charges associated with restructuring and other activities of $362 million. The decline also includes $159 million of aggregate charges associated with the talcum litigation settlement agreements. Adjusted operating margin contracted 220 basis points, to 8.0% from 10.2%. This reflects the increase in consumer-facing investments</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:7.8pt;font-weight:400;line-height:16.00pt;position:relative;top:-4.2pt;vertical-align:baseline">3</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt">, along with sales volume deleverage in fiscal 2025. These impacts were partially offset by net benefits from the Company&#8217;s PRGP that helped to reduce non-consumer-facing expenses. </font></div><div style="margin-bottom:10pt;padding-left:18pt;padding-right:14.4pt;text-indent:-18pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt">&#8226;</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:700;line-height:16.00pt;padding-left:10.73pt">Effective tax rate</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt"> was (8.9)%, a decrease compared to 47.0% in the prior year, reflecting the establishment of a valuation allowance against general foreign tax credit and research and development tax credit carryforwards, based on the Company&#8217;s assessment of the realizability of these deferred tax assets, as well as the tax impacts associated with the charges noted above. Adjusted effective tax rate was 38.8% compared with 31.0%, reflecting a higher effective tax rate on the Company's foreign operations due to its geographical mix of earnings and the unfavorable impact associated with previously issued stock-based compensation.</font></div><div style="margin-bottom:10pt;padding-left:18pt;padding-right:14.4pt;text-indent:-18pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt">&#8226;</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:700;line-height:16.00pt;padding-left:10.73pt">Diluted net (loss) earnings per common share</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt"> decreased to a net loss of $(3.15) in fiscal 2025, compared with net earnings of $1.08 in the prior year, including impacts from the charges noted above. Adjusted diluted net earnings per common share decreased to $1.51, compared with $2.59.</font></div><div style="margin-bottom:10pt;padding-left:18pt;padding-right:14.4pt;text-indent:-18pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt">&#8226;</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt;padding-left:10.73pt">For the year ended June 30, 2025&#58;</font></div><div style="margin-bottom:10pt;padding-left:31.5pt;padding-right:14.4pt;text-indent:-13.5pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt">&#9702;</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:700;line-height:16.00pt;padding-left:9.4pt">Net cash flows provided by operating activities</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt"> decreased to $1.27 billion, compared with $2.36 billion in the prior year, primarily reflecting lower pre-tax earnings, excluding non-cash items, as well as the unfavorable change in operating assets and liabilities. This includes the impact from the significant reduction in inventory in the prior year that drove strong net cash flows in fiscal 2024. The decrease also reflects the increase in restructuring payments.</font></div><div style="margin-bottom:10pt;padding-left:31.5pt;padding-right:14.4pt;text-indent:-13.5pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt">&#9702;</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:700;line-height:16.00pt;padding-left:9.4pt">Capital expenditures</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt"> decreased to $602 million from $919 million in the prior year, primarily due to the prior-year payments relating to the manufacturing facility in Japan. This level of expenditures reflects the Company&#8217;s efforts in fiscal 2025 to optimize capital expenditures to improve free cash flow.</font></div><div style="margin-bottom:10pt;padding-left:31.5pt;padding-right:14.4pt;text-indent:-13.5pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt">&#9702;</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt;padding-left:9.4pt">The Company paid dividends of $618 million compared to $947 million in the prior year, reflecting the Company&#8217;s fiscal 2025 second quarter decision to reduce its dividend to a more appropriate payout ratio. </font></div><div style="border-bottom:1pt solid #000000;margin-bottom:5pt;margin-top:10pt;opacity:1;width:150pt"></div><div><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">3</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Consumer-facing investments includes co-operative advertising, selling, advertising and promotional expenses, as well as store operating costs. </font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> </font></div><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:95.000%"><tr><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.234%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt;vertical-align:middle"><div><img alt="footera.jpg" src="footera.jpg" style="height:31px;margin-bottom:5pt;vertical-align:text-bottom;width:50px"></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:100%">Page 2 of <a href="#i8473bb51a7f945b7b77c54d44655144f_4" style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:100%;text-decoration:none">26</a></font></div></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="min-height:45pt;width:100%"><div style="text-align:right"><font><br></font></div></div><div style="margin-bottom:8pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:700;line-height:16.00pt;text-decoration:underline">BEAUTY GAINS AND OPERATIONAL HIGHLIGHTS</font></div><div style="margin-bottom:7pt;padding-left:18pt;padding-right:14.4pt;text-indent:-18pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt">&#8226;</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt;padding-left:10.73pt">Achieved prestige beauty share gains in some key markets&#58;</font></div><div style="margin-bottom:7pt;padding-left:31.5pt;padding-right:14.4pt;text-indent:-13.5pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:13.10pt">&#9702;</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:13.10pt;padding-left:9.4pt">In mainland China, share gains continued in the fiscal 2025 fourth quarter driven by every category and channel, led by La Mer and TOM FORD. For the full year, the Company also achieved share gains in every category, driven by La Mer and Le Labo </font></div><div style="margin-bottom:7pt;padding-left:31.5pt;padding-right:14.4pt;text-indent:-13.5pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:13.10pt">&#9702;</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:13.10pt;padding-left:9.4pt">In Japan, gained share in every quarter of fiscal 2025, and continued to strengthen #1 rank in Fragrance in the fourth quarter driven by Le Labo, Jo Malone London and KILIAN PARIS</font></div><div style="margin-bottom:7pt;padding-left:31.5pt;padding-right:14.4pt;text-indent:-13.5pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:13.10pt">&#9702;</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:13.10pt;padding-left:9.4pt">In the U.S.</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:7.8pt;font-weight:400;line-height:13.10pt;position:relative;top:-4.2pt;vertical-align:baseline">4</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:13.10pt">, made significant improvement in the Company&#8217;s share trends in fiscal 2025, gaining share in the second half&#8212;led by The Ordinary, Clinique and Est&#233;e Lauder&#8212;despite a modest loss in the fourth quarter</font></div><div style="margin-bottom:7pt;padding-left:18pt;padding-right:14.4pt;text-indent:-18pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:14.00pt">&#8226;</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:14.00pt;padding-left:10.73pt">Ranked highly during fiscal 2025 key shopping moments in mainland China&#58;</font></div><div style="margin-bottom:7pt;padding-left:31.5pt;padding-right:14.4pt;text-indent:-13.5pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:13.10pt">&#9702;</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:13.10pt;padding-left:9.4pt">11.11 Global Shopping Festival&#58; Est&#233;e Lauder and La Mer ranked either #1 or #2 in Prestige Beauty and Luxury and Jo Malone London ranked either #1 or #2 in Fragrance across Douyin, JD and Tmall</font></div><div style="margin-bottom:7pt;padding-left:31.5pt;padding-right:14.4pt;text-indent:-13.5pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:13.10pt">&#9702;</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:13.10pt;padding-left:9.4pt">618 Shopping Festival&#58; on Douyin and Tmall, Est&#233;e Lauder and La Mer ranked either #1 or #2 in Prestige Beauty and Luxury and Jo Malone London ranked either #1 or #2 in Prestige Fragrance, while M&#183;A&#183;C ranked #1 in Artistry Makeup on Douyin </font></div><div style="margin-bottom:7pt;padding-left:18pt;padding-right:14.4pt;text-indent:-18pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:14.00pt">&#8226;</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:14.00pt;padding-left:10.73pt">Launched breakthrough, on-trend and commercial innovations in fiscal 2025&#58; </font></div><div style="margin-bottom:7pt;padding-left:31.5pt;padding-right:14.4pt;text-indent:-13.5pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:13.10pt">&#9702;</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:13.10pt;padding-left:9.4pt">Extended halos of beloved franchises, including (i) Est&#233;e Lauder Re-Nutriv Ultimate Diamond Age Reversal Eye Creme and Double Wear Stay-in-Place 24-Hour Concealer, and (ii) fiscal 2025 fourth-quarter launches, such as La Mer The New Balancing Treatment Lotion and Clinique Almost Lipstick in Nude Honey</font></div><div style="margin-bottom:7pt;padding-left:31.5pt;padding-right:14.4pt;text-indent:-13.5pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:13.10pt">&#9702;</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:13.10pt;padding-left:9.4pt">Elevated nighttime usage occasions within the moisturizer and serum subcategories with La Mer The Night Recovery Concentrate and The New Rejuvenating Night Cream</font></div><div style="margin-bottom:7pt;padding-left:31.5pt;padding-right:14.4pt;text-indent:-13.5pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:13.10pt">&#9702;</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:13.10pt;padding-left:9.4pt">Captured and drove trends, including the M&#183;A&#183;C Nudes Collection and MACximal Sleek Satin Lipstick, Le Labo Eucalyptus 20 and Jo Malone London Hinoki and Cedarwood, as well as fiscal 2025 fourth-quarter launches, including M&#183;A&#183;C Lipglass Air, TOM FORD Architecture Soft Matte Blurring Cushion Foundation and The Ordinary UV Filters SPF 45 Serum</font></div><div style="margin-bottom:7pt;padding-left:31.5pt;padding-right:14.4pt;text-indent:-13.5pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:13.10pt">&#9702;</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:13.10pt;padding-left:9.4pt">Priced strategically for new consumer acquisition, including Clinique Moisture Surge Active Glow Serum, The Ordinary GF 15% Solution, M&#183;A&#183;C Studio Fix Powder Plus Foundation, TOM FORD Slim Lip Color Shine lipstick and Jo Malone London Hand Creams, as well as the fiscal 2025 fourth-quarter launch of Clinique Dramatically Different Moisturizing Lotion+ Broad Spectrum SPF</font></div><div style="margin-bottom:7pt;padding-left:18pt;padding-right:14.4pt;text-indent:-18pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:14.00pt">&#8226;</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:14.00pt;padding-left:10.73pt">Expanded consumer coverage&#58;</font></div><div style="margin-bottom:7pt;padding-left:31.5pt;padding-right:14.4pt;text-indent:-13.5pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:13.10pt">&#9702;</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:13.10pt;padding-left:9.4pt">Launched eight brands in Amazon&#8217;s U.S. Premium Beauty store in fiscal 2025, including Aveda and Origins in the fiscal 2025 fourth quarter </font></div><div style="margin-bottom:7pt;padding-left:31.5pt;padding-right:14.4pt;text-indent:-13.5pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:13.10pt">&#9702;</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:13.10pt;padding-left:9.4pt">Launched three brands in the Amazon.ca (Canada) Premium Beauty store in fiscal 2025 with Clinique, as well as Est&#233;e Lauder and Aveda in the fiscal 2025 fourth quarter</font></div><div style="margin-bottom:7pt;padding-left:31.5pt;padding-right:14.4pt;text-indent:-13.5pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:13.10pt">&#9702;</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:13.10pt;padding-left:9.4pt">Expanded online distribution in Southeast Asia, launching 14 additional stores on Shopee and four on TikTok Shop in fiscal 2025</font></div><div style="margin-bottom:7pt;padding-left:31.5pt;padding-right:14.4pt;text-indent:-13.5pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:13.10pt">&#9702;</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:13.10pt;padding-left:9.4pt">Scaled distribution of The Ordinary in fiscal 2025, including launches in Amazon&#8217;s U.S. Premium Beauty store and on TikTok Shop in the U.K., along with geographic expansion in </font></div><div style="border-bottom:1pt solid #000000;margin-bottom:5pt;margin-top:10pt;opacity:1;width:150pt"></div><div><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:5.2pt;font-style:italic;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">4</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Source&#58; Circana, LLC, US Prestige Beauty Total Department&#47;Specialty, Dollar Share Growth of Corporation, six-months ended June 2025. </font></div><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:95.000%"><tr><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.234%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt;vertical-align:middle"><div><img alt="footera.jpg" src="footera.jpg" style="height:31px;margin-bottom:5pt;vertical-align:text-bottom;width:50px"></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:100%">Page 3 of <a href="#i8473bb51a7f945b7b77c54d44655144f_4" style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:100%;text-decoration:none">26</a></font></div></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="min-height:45pt;width:100%"><div style="text-align:right"><font><br></font></div></div><div style="margin-bottom:7pt;padding-left:31.5pt;padding-right:14.4pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:13.10pt">Thailand, mainland China, Turkey, and, in the fourth quarter, in Brazil. The brand continues to expand in fiscal 2026, with the Company&#8217;s first launch in Amazon&#8217;s U.K. Premium Beauty store and its launch on Tmall in July 2026.</font></div><div style="margin-bottom:7pt;padding-left:31.5pt;padding-right:14.4pt;text-indent:-13.5pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:13.10pt">&#9702;</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:13.10pt;padding-left:9.4pt">Broadened Fragrance distribution, including approximately 40 net new freestanding stores opened globally in fiscal 2025&#8212;led by Jo Malone London and Le Labo&#8212;including six in the fourth quarter</font></div><div style="margin-bottom:7pt;padding-left:45pt;padding-right:14.4pt;text-indent:-13.5pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:13.10pt">&#9642;</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:13.10pt;padding-left:9.99pt">Le Labo continued to fuel Fragrance growth with strong double-digit year-over-year net sales increases in each fiscal 2025 quarter, expanding its footprint by 90 new points of distribution, including two new flagship stores&#8212;one in Beijing and the other in Seoul, its first in Korea&#8212;and its geographic expansion in Brazil </font></div><div style="margin-bottom:7pt;padding-left:31.5pt;padding-right:14.4pt;text-indent:-13.5pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:13.10pt">&#9702;</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:13.10pt;padding-left:9.4pt">Clinique continues to expand in fiscal 2026, with its August 2025 launch in Amazon.com.mx (Mexico) Premium Beauty store</font></div><div style="margin-bottom:7pt;padding-left:18pt;padding-right:14.4pt;text-indent:-18pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt">&#8226;</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt;padding-left:10.73pt">Funded consumer-facing investments to fuel growth</font></div><div style="margin-bottom:7pt;padding-left:31.5pt;padding-right:14.4pt;text-indent:-13.5pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:13.10pt">&#9702;</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:13.10pt;padding-left:9.4pt">Increased consumer-facing investments by approximately 400 basis points as a percentage of sales in fiscal 2025 and approximately 580 basis points in the fourth quarter&#8212;equivalent to a 3% increase in both periods. These investments were funded by net benefits from PRGP initiatives, which reduced non-consumer-facing costs by 6% in fiscal 2025, with continued progress in the fourth quarter.</font></div><div style="margin-bottom:7pt;padding-left:18pt;padding-right:14.4pt;text-indent:-18pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:13.75pt">&#8226;</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:13.75pt;padding-left:10.73pt">Other fiscal 2025 highlights&#58;</font></div><div style="margin-bottom:7pt;padding-left:31.5pt;padding-right:14.4pt;text-indent:-18pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:13.10pt">&#9702;</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:13.10pt;padding-left:13.9pt">Jo Malone London partnered with GQ for the Men of Year Awards 2024</font></div><div style="margin-bottom:7pt;padding-left:31.5pt;padding-right:14.4pt;text-indent:-18pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:13.10pt">&#9702;</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:13.10pt;padding-left:13.9pt">KILIAN PARIS hosted an event during the Cannes Film Festival in May 2025, honoring its hero fragrance, Angels&#8217; Share, and debuting Angels&#8217; Share Paradis&#59; with over 400 million impressions, the event generated over $20 million in earned media value</font></div><div style="margin-bottom:7pt;padding-left:31.5pt;padding-right:14.4pt;text-indent:-18pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:13.10pt">&#9702;</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:13.10pt;padding-left:13.9pt">Announced Fragrance Atelier location in Paris, France&#59; slated to open in the fiscal 2026 second quarter</font></div><div style="margin-bottom:7pt;padding-left:31.5pt;text-indent:-18pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:13.10pt">&#9702;</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:13.10pt;padding-left:13.9pt">Opened a new BioTech Hub in Belgium in December 2024 and established a collaboration with the Massachusetts Institute of Technology in January 2025, further accelerating the Company&#8217;s cutting-edge biotechnology innovations</font></div><div style="margin-bottom:7pt;padding-left:31.5pt;padding-right:14.4pt;text-indent:-18pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:13.10pt">&#9702;</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:13.10pt;padding-left:13.9pt">Recognized for investments and expanded strategic AI partnerships to drive operational efficiencies&#58;</font></div><div style="margin-bottom:7pt;padding-left:49.5pt;padding-right:14.4pt;text-indent:-18pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:13.10pt">&#9642;</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:13.10pt;padding-left:14.49pt">Featured on Microsoft&#8217;s AI &#64; Work list as an &#8220;Agent of Change&#8221;, highlighting the Company&#8217;s dedication and leadership in AI integration across business functions </font></div><div style="margin-bottom:7pt;padding-left:49.5pt;padding-right:14.4pt;text-indent:-18pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:13.10pt">&#9642;</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:13.10pt;padding-left:14.49pt">Announced a strategic partnership with Adobe to integrate Firefly generative AI into the Company&#8217;s existing Creative Cloud workflows, designed to drive efficiency, accelerate execution and empower creative teams to recapture time and focus on ideating and creating new artistic concepts</font></div><div style="margin-bottom:7pt;padding-left:49.5pt;padding-right:14.4pt;text-indent:-18pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:13.10pt">&#9642;</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:13.10pt;padding-left:14.49pt">Enhanced the Company&#8217;s supply chain processes, with additional initiatives underway to further drive manufacturing efficiencies, enhance speed-to-market and ensure quality throughout the product lifecycle</font></div><div style="margin-bottom:7pt;padding-left:31.5pt;padding-right:14.4pt;text-indent:-18pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:13.10pt">&#9702;</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:13.10pt;padding-left:13.9pt">Reinforced the Company&#8217;s presence in dermatological science through new skin care clinical and scientific research presented by Est&#233;e Lauder, Clinique and La Mer at the 20th annual Symposium for Cosmetic Advances &#38; Laser Education (SCALE)</font></div><div style="margin-bottom:7pt;padding-left:31.5pt;padding-right:14.4pt;text-indent:-18pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:13.10pt">&#9702;</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:13.10pt;padding-left:13.9pt">Recognized by CDP for the Company&#8217;s 2024 disclosures on its environmental impact, achieving an A for Climate, A- for Water and B for Forests</font></div><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:95.000%"><tr><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.234%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt;vertical-align:middle"><div><img alt="footera.jpg" src="footera.jpg" style="height:31px;margin-bottom:5pt;vertical-align:text-bottom;width:50px"></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:100%">Page 4 of <a href="#i8473bb51a7f945b7b77c54d44655144f_4" style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:100%;text-decoration:none">26</a></font></div></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="min-height:45pt;width:100%"><div style="text-align:right"><font><br></font></div></div><div style="margin-bottom:5pt;padding-left:9pt;padding-right:43.2pt;text-indent:-13.5pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:700;line-height:13.00pt;text-decoration:underline">FISCAL 2025 RESULTS BY PRODUCT CATEGORY AND BY REGION</font></div><div style="padding-left:9pt;padding-right:43.2pt;text-indent:-13.5pt"><font><br></font></div><div style="margin-bottom:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:96.666%"><tr><td style="width:1.0%"></td><td style="width:16.572%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.089%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.089%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.675%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:10.968%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.422%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.802%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.802%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.681%"></td><td style="width:0.1%"></td></tr><tr><td colspan="27" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Results by Product Category<br>(Unaudited)</font></td></tr><tr style="height:8pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-bottom:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-bottom:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-bottom:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-bottom:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-bottom:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-bottom:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-bottom:1pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="24" style="background-color:#00497f;border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#ffffff;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Year Ended June 30</font></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="6" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Net Sales</font></td><td colspan="9" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="text-align:center"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Percentage Change</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:6.5pt;font-weight:700;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">1  </font></div></td><td colspan="6" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Operating (Loss)<br>Income</font></td><td colspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Percentage<br>Change</font></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">($ in millions)</font></td><td colspan="3" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:120%">2025</font></td><td colspan="3" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:120%">2024</font></td><td colspan="3" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Reported<br>Basis</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Impact of Foreign Currency Translation</font></td><td colspan="3" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Organic  <br>Net Sales <br>(Non-GAAP)</font></td><td colspan="3" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2025</font></td><td colspan="3" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2024</font></td><td colspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Reported<br>Basis</font></td></tr><tr><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Skin Care</font></td><td style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6,962&#160;</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">7,908&#160;</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(12)</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td><td colspan="2" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(12)</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td><td style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">574&#160;</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">735&#160;</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(22)</font></td><td style="border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Makeup</font></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,205&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,470&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(6)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(5)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(441)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">93&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(100+)</font></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Fragrance</font></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,491&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,487&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(378)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">265&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(100+)</font></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Hair Care</font></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">565&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">629&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(10)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(10)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(41)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(52)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">21&#160;</font></td><td style="border-right:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Other</font></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">100&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">115&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(13)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(13)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(13)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">53&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(100+)</font></td></tr><tr><td colspan="3" style="background-color:#b6b6b6;border-top:1pt solid #000;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Subtotal</font></td><td style="background-color:#b6b6b6;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">$</font></td><td style="background-color:#b6b6b6;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">14,323</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</font></td><td style="background-color:#b6b6b6;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td style="background-color:#b6b6b6;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">$</font></td><td style="background-color:#b6b6b6;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">15,609</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</font></td><td style="background-color:#b6b6b6;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="background-color:#b6b6b6;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">(8)</font></td><td style="background-color:#b6b6b6;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">%</font></td><td colspan="3" style="display:none"></td><td colspan="2" style="background-color:#b6b6b6;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">&#8212;</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</font></td><td style="background-color:#b6b6b6;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">%</font></td><td colspan="2" style="background-color:#b6b6b6;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">(8)</font></td><td style="background-color:#b6b6b6;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">%</font></td><td style="background-color:#b6b6b6;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">$</font></td><td style="background-color:#b6b6b6;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">(299)</font></td><td style="background-color:#b6b6b6;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td style="background-color:#b6b6b6;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">$</font></td><td style="background-color:#b6b6b6;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">1,094</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</font></td><td style="background-color:#b6b6b6;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#b6b6b6;border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">(100+)%</font></td></tr><tr><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Returns&#47;charges associated with restructuring and other activities</font></td><td colspan="2" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3&#160;</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(1)</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(486)</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(124)</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#b3b3b3;border-top:1pt solid #000;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Total</font></td><td style="background-color:#b3b3b3;border-bottom:1pt solid #000;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">$</font></td><td style="background-color:#b3b3b3;border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">14,326</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</font></td><td style="background-color:#b3b3b3;border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td style="background-color:#b3b3b3;border-bottom:1pt solid #000;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">$</font></td><td style="background-color:#b3b3b3;border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">15,608</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</font></td><td style="background-color:#b3b3b3;border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="background-color:#b3b3b3;border-bottom:1pt solid #000;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">(8)</font></td><td style="background-color:#b3b3b3;border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">%</font></td><td colspan="3" style="display:none"></td><td colspan="2" style="background-color:#b3b3b3;border-bottom:1pt solid #000;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">&#8212;</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</font></td><td style="background-color:#b3b3b3;border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">%</font></td><td colspan="2" style="background-color:#b3b3b3;border-bottom:1pt solid #000;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">(8)</font></td><td style="background-color:#b3b3b3;border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">%</font></td><td style="background-color:#b3b3b3;border-bottom:1pt solid #000;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">$</font></td><td style="background-color:#b3b3b3;border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">(785)</font></td><td style="background-color:#b3b3b3;border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td style="background-color:#b3b3b3;border-bottom:1pt solid #000;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">$</font></td><td style="background-color:#b3b3b3;border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">970</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</font></td><td style="background-color:#b3b3b3;border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#b3b3b3;border-bottom:1pt solid #000;border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">(100+)%</font></td></tr><tr><td colspan="27" style="border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Non-GAAP Adjustments to As Reported Operating (Loss) Income&#58;</font></td></tr><tr><td colspan="18" style="border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Returns&#47;charges associated with restructuring and other activities</font></td><td colspan="2" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">486&#160;</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">124&#160;</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="18" style="padding:2px 1pt;text-align:left;vertical-align:top"><div><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Skin Care - Goodwill and other intangible asset impairments</font></div></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">375&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">471&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="18" style="padding:2px 1pt;text-align:left;vertical-align:top"><div><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Makeup - Goodwill and other intangible asset impairments</font></div></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">308&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="18" style="padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Fragrance - Other intangible asset impairment</font></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">549&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="18" style="padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Other - Other intangible asset impairment</font></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">54&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="18" style="padding:2px 1pt;text-align:left;vertical-align:top"><div><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Makeup - Talcum litigation settlement agreements</font></div></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">159&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="18" style="padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Skin Care - Change in fair value of DECIEM acquisition-related stock options inclusive of payroll tax </font></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">23&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="18" style="background-color:#b3b3b3;border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:11.25pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Adjusted Operating Income - Non-GAAP</font></div></td><td style="background-color:#b3b3b3;border-bottom:1pt solid #000;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">$</font></td><td style="background-color:#b3b3b3;border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">1,146</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</font></td><td style="background-color:#b3b3b3;border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td style="background-color:#b3b3b3;border-bottom:1pt solid #000;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">$</font></td><td style="background-color:#b3b3b3;border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">1,588</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</font></td><td style="background-color:#b3b3b3;border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="background-color:#b3b3b3;border-bottom:1pt solid #000;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">(28)</font></td><td style="background-color:#b3b3b3;border-bottom:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">%</font></td></tr><tr><td colspan="27" style="border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><div><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:5.85pt;font-style:italic;font-weight:400;line-height:100%;position:relative;top:-3.15pt;vertical-align:baseline">1</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%">Percentages are calculated on an individual basis. </font></div></td></tr></table></div><div style="padding-right:43.2pt"><font><br></font></div><div style="padding-right:14.4pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt">The product category net sales commentary below reflects organic net sales, excluding the impacts from foreign currency translation. In addition to the Operational Highlights above, below are the drivers of the Company&#8217;s performance.</font></div><div style="padding-right:14.4pt"><font><br></font></div><div style="padding-right:14.4pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:700;line-height:120%;text-decoration:underline">Skin Care</font></div><div style="margin-bottom:9pt;padding-left:36pt;padding-right:14.4pt;text-indent:-18pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt">&#8226;</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt;padding-left:10.73pt">Skin Care net sales decreased 12%, primarily due to declines from Est&#233;e Lauder and La Mer, including&#58;</font></div><div style="margin-bottom:9pt;padding-left:54pt;padding-right:14.4pt;text-indent:-18pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:15.00pt">&#9702;</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:15.00pt;padding-left:13.9pt">Lower net sales from the Company&#8217;s Asia travel retail business reflecting&#58;</font></div><div style="margin-bottom:9pt;padding-left:67.5pt;padding-right:14.4pt;text-indent:-13.5pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:15.00pt">&#9642;</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:15.00pt;padding-left:9.99pt">Ongoing subdued sentiment and lower conversion from Chinese consumers&#59;</font></div><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:95.000%"><tr><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.234%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt;vertical-align:middle"><div><img alt="footera.jpg" src="footera.jpg" style="height:31px;margin-bottom:5pt;vertical-align:text-bottom;width:50px"></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:100%">Page 5 of <a href="#i8473bb51a7f945b7b77c54d44655144f_4" style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:100%;text-decoration:none">26</a></font></div></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="min-height:45pt;width:100%"><div style="text-align:right"><font><br></font></div></div><div style="margin-bottom:9pt;padding-left:67.5pt;padding-right:14.4pt;text-indent:-13.5pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:15.00pt">&#9642;</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:15.00pt;padding-left:9.99pt">The difficult comparison to the prior year due to the Company&#8217;s resumption of replenishment orders in the fiscal 2024 third quarter and the Company&#8217;s strategic decision to reduce its exposure to reseller activity&#59; and</font></div><div style="margin-bottom:9pt;padding-left:67.5pt;padding-right:14.4pt;text-indent:-13.5pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:15.00pt">&#9642;</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:15.00pt;padding-left:9.99pt">Retailer shifts in strategies toward more profitable duty free business models in both Korea and mainland China, which led to lower replenishment orders.</font></div><div style="margin-bottom:9pt;padding-left:58.5pt;padding-right:14.4pt;text-indent:-22.5pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:15.00pt">&#9702;</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:15.00pt;padding-left:18.4pt">The net sales decline from Est&#233;e Lauder in mainland China, primarily driven by the impacts from an overall challenging retail environment, including subdued consumer sentiment. This was partially offset by net sales growth from La Mer due to momentum in the second half of fiscal 2025, benefiting from the success of innovation such as The Night Recovery Concentrate and The New Balancing Treatment Lotion.</font></div><div style="margin-bottom:9pt;padding-left:58.5pt;padding-right:14.4pt;text-indent:-22.5pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:15.00pt">&#9702;</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:15.00pt;padding-left:18.4pt">Mid-single-digit growth from The Ordinary, partially offsetting the above noted declines, fueled by targeted expanded consumer reach, including the brand&#8217;s fiscal 2025 launch in Amazon&#8217;s U.S. Premium Beauty Store, and innovation.</font></div><div style="margin-bottom:12pt;padding-left:36pt;padding-right:14.4pt;text-indent:-18pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt">&#8226;</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt;padding-left:10.73pt">Skin Care operating income decreased, primarily due to lower net sales, partially offset by the reduction in cost of sales and non-consumer-facing expenses, including net benefits from the PRGP. This also includes the year-over-year decrease of $96 million in goodwill and other intangible asset impairment charges relating to Dr.Jart+, with the charges recorded in the fourth quarter in both fiscal years.</font></div><div style="margin-bottom:12pt;padding-left:58.5pt;padding-right:14.4pt;text-indent:-18pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt">&#9702;</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt;padding-left:13.9pt">In the fiscal 2025 fourth quarter, the Company recorded other intangible asset impairment charges totaling $375 million relating to Dr.Jart+, reflecting lower-than-expected results in Korea and mainland China. The charges are reflected in Asia&#47;Pacific operating income.</font></div><div style="padding-right:14.4pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:700;line-height:120%;text-decoration:underline">Makeup</font></div><div style="margin-bottom:9pt;padding-left:36pt;padding-right:14.4pt;text-indent:-18pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt">&#8226;</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt;padding-left:10.73pt">Makeup net sales decreased 5%, primarily driven by&#58;</font></div><div style="margin-bottom:9pt;padding-left:54pt;padding-right:14.4pt;text-indent:-18pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:15.00pt">&#9702;</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:15.00pt;padding-left:13.9pt">The decline from M&#183;A&#183;C, reflecting lower net sales in the face subcategory and retail softness for the brand, which led to elevated inventory levels and retailer destocking. This was partially offset by the benefit from new product launches, including the M&#183;A&#183;C Nudes Collection and MACximal Sleek Satin Lipstick. </font></div><div style="margin-bottom:9pt;padding-left:54pt;padding-right:14.4pt;text-indent:-18pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:15.00pt">&#9702;</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:15.00pt;padding-left:13.9pt">The decrease from Est&#233;e Lauder, primarily driven by the decline in the face subcategory, reflecting the challenges in the Company&#8217;s Asia travel retail business, as noted above&#8212;despite sequential improvement in year-over-year net sales growth in the rest of the business in the fiscal 2025 fourth quarter. This decline more than offset the benefit from new product launches, including Double Wear Stay-in-Place 24-Hour Concealer and Double Wear Stay-in-Place Matte Powder Foundation. </font></div><div style="margin-bottom:9pt;padding-left:54pt;padding-right:14.4pt;text-indent:-18pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:15.00pt">&#9702;</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:15.00pt;padding-left:13.9pt">Declines in the lip and eye subcategories from Too Faced and face subcategory from Bobbi Brown, reflecting retail softness for the brands. </font></div><div style="margin-bottom:9pt;padding-left:54pt;padding-right:14.4pt;text-indent:-18pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:15.00pt">&#9702;</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:15.00pt;padding-left:13.9pt">Partially offsetting these declines, Clinique&#8217;s net sales growth across all geographic regions, led by the face and lip subcategories, benefiting from its fiscal 2024 third quarter launch in Amazon&#8217;s U.S. Premium Beauty store as well as innovation such as Even Better Clinical Vitamin Makeup and the expansion of the Almost Lipstick product franchise. </font></div><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:95.000%"><tr><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.234%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt;vertical-align:middle"><div><img alt="footera.jpg" src="footera.jpg" style="height:31px;margin-bottom:5pt;vertical-align:text-bottom;width:50px"></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:100%">Page 6 of <a href="#i8473bb51a7f945b7b77c54d44655144f_4" style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:100%;text-decoration:none">26</a></font></div></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="min-height:45pt;width:100%"><div style="text-align:right"><font><br></font></div></div><div style="margin-bottom:9pt;padding-left:36pt;padding-right:14.4pt;text-indent:-18pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:15.00pt">&#8226;</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:15.00pt;padding-left:10.73pt">Makeup operating income declined, primarily due to the (i) impairment charges recorded in fiscal 2025 totaling $308 million, consisting of the other intangible asset impairment relating to TOM FORD as well as the goodwill and other intangible asset impairments relating to Too Faced and (ii) $159 million of aggregate charges recorded in fiscal 2025 associated with the talcum litigation settlement agreements. The decline also reflects lower net sales, partially offset by the reduction in cost of sales, including net benefits from the PRGP. </font></div><div style="margin-bottom:9pt;padding-left:54pt;padding-right:14.4pt;text-indent:-18pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:15.00pt">&#9702;</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:15.00pt;padding-left:13.9pt">In the fiscal 2025 fourth quarter, the Company recorded an other intangible asset impairment charge of $50 million relating to Too Faced reflecting lower-than-expected results in key geographic regions and channels. The charge is reflected in the operating results of The Americas.</font></div><div style="padding-right:14.4pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:700;line-height:120%;text-decoration:underline">Fragrance</font></div><div style="margin-bottom:12pt;padding-left:36pt;padding-right:14.4pt;text-indent:-18pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt">&#8226;</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt;padding-left:10.73pt">Fragrance net sales were flat, primarily driven by&#58;</font></div><div style="margin-bottom:9pt;padding-left:54pt;padding-right:14.4pt;text-indent:-18pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt">&#9702;</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt;padding-left:13.9pt">The mid-single-digit increase from the Company&#8217;s Luxury Brands</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:7.8pt;font-weight:400;line-height:16.00pt;position:relative;top:-4.2pt;vertical-align:baseline">5</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt">, fueled by strong double-digit growth from Le Labo and, to a lesser extent, KILIAN PARIS. Le Labo&#8217;s performance was driven by its Classic Collection and City Exclusives, both of which benefited from innovation such as Eucalyptus 20 and Osmanthus 19, respectively, as well as targeted expanded consumer reach. This growth was partially offset by the decline from TOM FORD, primarily driven by retail softness for the brand in North America. </font></div><div style="margin-bottom:9pt;padding-left:54pt;padding-right:14.4pt;text-indent:-18pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt">&#9702;</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt;padding-left:13.9pt">Declines from Est&#233;e Lauder&#8217;s Pleasures and Beautiful product franchises and from the Clinique Happy product franchise. </font></div><div style="margin-bottom:12pt;padding-left:36pt;padding-right:14.4pt;text-indent:-18pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt">&#8226;</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt;padding-left:10.73pt">Fragrance operating results decreased, primarily due to the $549 million other intangible asset impairment charge recorded in fiscal 2025 relating to TOM FORD as well as the increase in consumer-facing investments. </font></div><div style="padding-right:14.4pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:700;line-height:120%;text-decoration:underline">Hair Care</font></div><div style="margin-bottom:9pt;padding-left:36pt;padding-right:14.4pt;text-indent:-18pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt">&#8226;</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt;padding-left:10.73pt">Hair Care net sales decreased 10%, primarily driven by&#58;</font></div><div style="margin-bottom:9pt;padding-left:54pt;padding-right:14.4pt;text-indent:-18pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt">&#9702;</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt;padding-left:13.9pt">The decline from Aveda, reflecting continued softness in brick-and-mortar channels as well as freestanding store closures. This more than offset online growth, owing to the brand&#8217;s fiscal 2025 fourth-quarter launch in Amazon&#8217;s U.S. Premium Beauty store. </font></div><div style="margin-bottom:9pt;padding-left:54pt;padding-right:14.4pt;text-indent:-18pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt">&#9702;</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt;padding-left:13.9pt">Lower net sales from The Ordinary. In addition, net sales declined from Bumble and bumble, primarily driven by softness in the specialty-multi and salon channels, partially offset by online growth from the brand&#8217;s fiscal 2024 fourth-quarter launch in Amazon&#8217;s U.S. Premium Beauty store.</font></div><div style="padding-left:36pt;padding-right:14.4pt;text-indent:-18pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt">&#8226;</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt;padding-left:10.73pt">Hair Care operating results improved, reflecting disciplined expense management and lower cost of sales, partially offset by the decline in net sales.</font></div><div style="padding-right:43.2pt"><font><br></font></div><div style="border-bottom:1pt solid #000000;margin-bottom:5pt;margin-top:10pt;opacity:1;width:150pt"></div><div><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:5.2pt;font-style:italic;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">5</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">In fiscal 2025, the Company expanded its Luxury fragrance brand portfolio with the launch of BALMAIN Beauty. </font></div><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:95.000%"><tr><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.234%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt;vertical-align:middle"><div><img alt="footera.jpg" src="footera.jpg" style="height:31px;margin-bottom:5pt;vertical-align:text-bottom;width:50px"></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:100%">Page 7 of <a href="#i8473bb51a7f945b7b77c54d44655144f_4" style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:100%;text-decoration:none">26</a></font></div></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="min-height:45pt;width:100%"><div style="text-align:right"><font><br></font></div></div><div style="padding-right:43.2pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.222%"><tr><td style="width:1.0%"></td><td style="width:17.757%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.900%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.042%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.042%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:10.757%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.185%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.328%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.328%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.761%"></td><td style="width:0.1%"></td></tr><tr><td colspan="27" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Results by Geographic Region<br>(Unaudited)</font></td></tr><tr style="height:8pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-bottom:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-bottom:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-bottom:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-bottom:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-bottom:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-bottom:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-bottom:1pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="24" style="background-color:#00497f;border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#ffffff;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Year Ended June 30</font></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="6" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Net Sales</font></td><td colspan="9" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="text-align:center"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Percentage Change</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:6.5pt;font-weight:700;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">1</font></div></td><td colspan="6" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Operating (Loss)<br>Income</font></td><td colspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Percentage<br>Change</font></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">($ in millions)</font></td><td colspan="3" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2025</font></td><td colspan="3" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2024</font></td><td colspan="3" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Reported<br>Basis</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Impact of Foreign Currency Translation</font></td><td colspan="3" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="text-align:center"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Organic </font></div><div style="text-align:center"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">&#160;Net Sales</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:6.5pt;font-weight:700;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">  </font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">(Non-GAAP)</font></div></td><td colspan="3" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2025</font></td><td colspan="3" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2024</font></td><td colspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Reported<br>Basis</font></td></tr><tr><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">The Americas</font></td><td style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,411&#160;</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,581&#160;</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(4)</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1&#160;</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td><td colspan="2" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(3)</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td><td style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(918)</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">34&#160;</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(100+)%</font></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Europe, the Middle East &#38; Africa</font></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5,375&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6,140&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(12)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(13)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">610&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">836&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(27)</font></td><td style="border-right:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Asia&#47;Pacific</font></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,537&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,888&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(7)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(7)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">9&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">224&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(96)</font></td><td style="border-right:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#b3b3b3;border-top:1pt solid #000;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Subtotal</font></td><td style="background-color:#b3b3b3;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">$</font></td><td colspan="2" style="background-color:#b3b3b3;border-top:1pt solid #000;padding:2px 7pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">14,323</font></td><td style="background-color:#b3b3b3;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">$</font></td><td colspan="2" style="background-color:#b3b3b3;border-top:1pt solid #000;padding:2px 7pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">15,609</font></td><td colspan="2" style="background-color:#b3b3b3;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">(8)</font></td><td style="background-color:#b3b3b3;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">%</font></td><td colspan="3" style="display:none"></td><td colspan="2" style="background-color:#b3b3b3;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">&#8212;</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</font></td><td style="background-color:#b3b3b3;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">%</font></td><td colspan="2" style="background-color:#b3b3b3;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">(8)</font></td><td style="background-color:#b3b3b3;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">%</font></td><td style="background-color:#b3b3b3;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">$</font></td><td style="background-color:#b3b3b3;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">(299)</font></td><td style="background-color:#b3b3b3;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td style="background-color:#b3b3b3;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">$</font></td><td style="background-color:#b3b3b3;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">1,094</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</font></td><td style="background-color:#b3b3b3;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#b3b3b3;border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">(100+)%</font></td></tr><tr><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Returns&#47;charges associated with restructuring and other activities</font></td><td colspan="2" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3&#160;</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(1)</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(486)</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(124)</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#b3b3b3;border-top:1pt solid #000;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Total</font></td><td style="background-color:#b3b3b3;border-bottom:1pt solid #000;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">$</font></td><td colspan="2" style="background-color:#b3b3b3;border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 7pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">14,326</font></td><td style="background-color:#b3b3b3;border-bottom:1pt solid #000;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">$</font></td><td style="background-color:#b3b3b3;border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">15,608</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</font></td><td style="background-color:#b3b3b3;border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="background-color:#b3b3b3;border-bottom:1pt solid #000;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">(8)</font></td><td style="background-color:#b3b3b3;border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">%</font></td><td colspan="3" style="display:none"></td><td colspan="2" style="background-color:#b3b3b3;border-bottom:1pt solid #000;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">&#8212;</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</font></td><td style="background-color:#b3b3b3;border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">%</font></td><td colspan="2" style="background-color:#b3b3b3;border-bottom:1pt solid #000;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">(8)</font></td><td style="background-color:#b3b3b3;border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">%</font></td><td style="background-color:#b3b3b3;border-bottom:1pt solid #000;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">$</font></td><td style="background-color:#b3b3b3;border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">(785)</font></td><td style="background-color:#b3b3b3;border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td style="background-color:#b3b3b3;border-bottom:1pt solid #000;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">$</font></td><td style="background-color:#b3b3b3;border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">970</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</font></td><td style="background-color:#b3b3b3;border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#b3b3b3;border-bottom:1pt solid #000;border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">(100+)%</font></td></tr><tr><td colspan="27" style="border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Non-GAAP Adjustments to As Reported Operating (Loss) Income&#58;</font></td></tr><tr><td colspan="18" style="border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Returns&#47;charges associated with restructuring and other activities</font></td><td colspan="2" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">486&#160;</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">124&#160;</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="18" style="padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">The Americas - Goodwill and other intangible asset impairments</font></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">911&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-left:1pt solid #000;padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;</font></td><td colspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="18" style="padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Asia&#47;Pacific - Goodwill and other intangible asset impairments</font></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">375&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">471&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="18" style="padding:2px 1pt;text-align:left;vertical-align:top"><div><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">The Americas - Talcum litigation settlement agreements</font></div></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">159&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-left:1pt solid #000;padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;</font></td><td colspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="18" style="padding:2px 1pt;text-align:left;vertical-align:top"><div><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">The Americas - Changes in fair value of DECIEM acquisition-related stock options inclusive of payroll tax</font></div></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">14&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="18" style="border-bottom:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><div><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Europe, the Middle East &#38; Africa - Changes in fair value of DECIEM acquisition-related stock options inclusive of payroll tax</font></div></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">9&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="18" style="background-color:#b3b3b3;border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:11.25pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Adjusted Operating Income - Non-GAAP</font></div></td><td style="background-color:#b3b3b3;border-bottom:1pt solid #000;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">$</font></td><td style="background-color:#b3b3b3;border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">1,146</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</font></td><td style="background-color:#b3b3b3;border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td style="background-color:#b3b3b3;border-bottom:1pt solid #000;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">$</font></td><td style="background-color:#b3b3b3;border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">1,588</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</font></td><td style="background-color:#b3b3b3;border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="background-color:#b3b3b3;border-bottom:1pt solid #000;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">(28)</font></td><td style="background-color:#b3b3b3;border-bottom:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">%</font></td></tr><tr><td colspan="27" style="border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><div><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:5.85pt;font-style:italic;font-weight:400;line-height:100%;position:relative;top:-3.15pt;vertical-align:baseline">1</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%">Percentages are calculated on an individual basis. </font></div></td></tr></table></div><div style="padding-right:14.4pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt">The geographic region net sales commentary below reflects organic net sales, excluding the negative impact from foreign currency translation that is reflected in the preceding table. In addition to the Operational Highlights above, below are the drivers of the Company&#8217;s performance.</font></div><div style="padding-right:14.4pt"><font><br></font></div><div style="padding-right:14.4pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:700;line-height:16.00pt;text-decoration:underline">Organic Net Sales</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt"> - decreased 8%, reflecting declines across all geographic regions and driven by&#58; </font></div><div style="margin-bottom:9pt;padding-left:36pt;padding-right:14.4pt;text-indent:-18pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt">&#8226;</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt;padding-left:10.73pt">The strong double-digit net sales decline from the Company&#8217;s global travel retail business, which is included in Europe, the Middle East &#38; Africa (&#8220;EMEA&#8221;), driven by lower net sales in Asia travel retail reflecting&#58; </font></div><div style="margin-bottom:9pt;padding-left:54pt;padding-right:14.4pt;text-indent:-18pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt">&#9702;</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt;padding-left:13.9pt">Ongoing subdued sentiment and lower conversion from Chinese consumers&#59;</font></div><div style="margin-bottom:9pt;padding-left:54pt;padding-right:14.4pt;text-indent:-18pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt">&#9702;</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt;padding-left:13.9pt">The difficult comparison to the prior year due to the Company&#8217;s resumption of replenishment orders in the fiscal 2024 third quarter and the Company&#8217;s strategic decision to reduce its exposure to reseller activity&#59; and</font></div><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:95.000%"><tr><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.234%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt;vertical-align:middle"><div><img alt="footera.jpg" src="footera.jpg" style="height:31px;margin-bottom:5pt;vertical-align:text-bottom;width:50px"></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:100%">Page 8 of <a href="#i8473bb51a7f945b7b77c54d44655144f_4" style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:100%;text-decoration:none">26</a></font></div></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="min-height:45pt;width:100%"><div style="text-align:right"><font><br></font></div></div><div style="margin-bottom:9pt;padding-left:54pt;padding-right:14.4pt;text-indent:-18pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt">&#9702;</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt;padding-left:13.9pt">Retailer shifts in strategies toward more profitable duty free business models in both Korea and mainland China, which led to lower replenishment orders.</font></div><div style="margin-bottom:12pt;padding-left:36pt;padding-right:14.4pt;text-indent:-18pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt">&#8226;</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt;padding-left:10.73pt">Mid-single-digit net sales decline in mainland China, primarily due to the impacts from an overall challenging retail environment, including subdued consumer sentiment. The net sales decrease in the first half of fiscal 2025 more than offset growth in the second half driven by innovation, targeted expanded consumer reach and success during key shopping moments.</font></div><div style="margin-bottom:12pt;padding-left:36pt;padding-right:14.4pt;text-indent:-18pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt">&#8226;</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt;padding-left:10.73pt">Low-single-digit net sales decline in North America, reflecting&#58;</font></div><div style="margin-bottom:12pt;padding-left:54pt;padding-right:14.4pt;text-indent:-18pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt">&#9702;</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt;padding-left:13.9pt">Ongoing retail softness for some brands as well as pressures from subdued consumer confidence and sentiment in the second half of fiscal 2025, which led to elevated levels of inventory and destocking at certain retailers, along with the timing of shipments compared to the prior year.</font></div><div style="margin-bottom:12pt;padding-left:54pt;padding-right:14.4pt;text-indent:-18pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt">&#9702;</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt;padding-left:13.9pt">Partially offsetting these pressures was the benefit of expanding to eleven brands in Amazon&#8217;s U.S. Premium Beauty store from three in the prior year, as well as launching three brands in the Amazon.ca (Canada) Premium Beauty store in fiscal 2025.  </font></div><div style="padding-right:14.4pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:700;line-height:120%;text-decoration:underline">Operating Results</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:120%"> - decreased, reflecting declines across all geographic regions, primarily driven by&#58;</font></div><div style="margin-bottom:9pt;padding-left:36pt;padding-right:14.4pt;text-indent:-18pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt">&#8226;</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt;padding-left:10.73pt">The decrease in operating results in The Americas, primarily due to&#58;</font></div><div style="margin-bottom:9pt;padding-left:54pt;padding-right:14.4pt;text-indent:-18pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt">&#9702;</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt;padding-left:13.9pt">Goodwill and other intangible asset impairment charges recorded in fiscal 2025 totaling $911 million, consisting of the other intangible asset impairment relating to TOM FORD and the goodwill and other intangible asset impairments relating to Too Faced. </font></div><div style="margin-bottom:9pt;padding-left:54pt;padding-right:14.4pt;text-indent:-18pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt">&#9702;</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt;padding-left:13.9pt">The unfavorable year-over-year impact of net intercompany activity, including $334 million of lower intercompany royalty income due to the decline in income from the Company&#8217;s global travel retail business.</font></div><div style="margin-bottom:9pt;padding-left:54pt;padding-right:14.4pt;text-indent:-18pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt">&#9702;</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt;padding-left:13.9pt">Additional drivers, including lower net sales, $159 million of aggregate charges in fiscal 2025 associated with the talcum litigation settlement agreements and an increase in consumer-facing investments. </font></div><div style="margin-bottom:9pt;padding-left:54pt;padding-right:14.4pt;text-indent:-18pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt">&#9702;</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt;padding-left:13.9pt">The partial offsets from the reductions in cost of sales and non-consumer-facing expenses&#8212; both of which included net benefits from the PRGP.</font></div><div style="margin-bottom:9pt;padding-left:36pt;padding-right:14.4pt;text-indent:-18pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt">&#8226;</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt;padding-left:10.73pt">The decline in operating income in EMEA, primarily reflecting the decrease in net sales and, to a lesser extent, the increase in consumer-facing investments, partially offset by the reduction in cost of sales, including net benefits from the PRGP, and the favorable year-over-year impact of net intercompany activity, including $334 million of lower intercompany royalty expense due to the decline in income from the Company&#8217;s global travel retail business. </font></div><div style="margin-bottom:9pt;padding-left:36pt;padding-right:14.4pt;text-indent:-18pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt">&#8226;</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt;padding-left:10.73pt">The decline in operating income in Asia&#47;Pacific, primarily driven by lower net sales and the unfavorable year-over-year impact of a change in policy related to local government subsidies in China. These were partially offset by the year-over-year decrease of $96 million in goodwill and other intangible asset impairment charges relating to Dr.Jart+.</font></div><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:95.000%"><tr><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.234%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt;vertical-align:middle"><div><img alt="footera.jpg" src="footera.jpg" style="height:31px;margin-bottom:5pt;vertical-align:text-bottom;width:50px"></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:100%">Page 9 of <a href="#i8473bb51a7f945b7b77c54d44655144f_4" style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:100%;text-decoration:none">26</a></font></div></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="min-height:45pt;width:100%"><div style="text-align:right"><font><br></font></div></div><div style="padding-right:43.2pt;text-align:justify"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:700;line-height:120%;text-decoration:underline">Fourth Quarter Results</font></div><div style="padding-right:43.2pt;text-align:justify"><font><br></font></div><div style="padding-right:43.2pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:96.388%"><tr><td style="width:1.0%"></td><td style="width:18.352%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.401%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.113%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.842%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:10.859%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.300%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.401%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.401%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.431%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="27" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Results by Product Category<br>(Unaudited)</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:8pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-bottom:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-bottom:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-bottom:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-bottom:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-bottom:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-bottom:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-bottom:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="24" style="background-color:#00497f;border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#ffffff;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Three Months Ended June 30</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="6" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Net Sales</font></td><td colspan="9" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="text-align:center"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Percentage Change</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:6.5pt;font-weight:700;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">1  </font></div></td><td colspan="6" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Operating (Loss) Income</font></td><td colspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Percentage<br>Change</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">($ in millions)</font></td><td colspan="3" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2025</font></td><td colspan="3" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2024</font></td><td colspan="3" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Reported<br>Basis</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Impact of Foreign Currency Translation</font></td><td colspan="3" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="text-align:center"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Organic  </font></div><div style="text-align:center"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Net Sales</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:6.5pt;font-weight:700;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline"> </font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">(Non-GAAP)</font></div></td><td colspan="3" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2025</font></td><td colspan="3" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2024</font></td><td colspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Reported<br>Basis</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Skin Care</font></td><td style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,705&#160;</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,035&#160;</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(16)</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(1)</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td><td colspan="2" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(17)</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td><td style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(210)</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(185)</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(14)</font></td><td style="border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Makeup</font></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">982&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,105&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(11)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(1)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(12)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(59)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">37&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(100+)</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Fragrance</font></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">560&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">539&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(1)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(24)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(2)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(100+)</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Hair Care</font></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">141&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">165&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(15)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(15)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(7)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(2)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(100+)</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Other</font></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">20&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">27&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(26)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(26)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">12&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">15&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(20)</font></td><td style="border-right:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#b3b3b3;border-top:1pt solid #000;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Subtotal</font></td><td style="background-color:#b3b3b3;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">$</font></td><td style="background-color:#b3b3b3;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">3,408</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</font></td><td style="background-color:#b3b3b3;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td style="background-color:#b3b3b3;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">$</font></td><td style="background-color:#b3b3b3;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">3,871</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</font></td><td style="background-color:#b3b3b3;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="background-color:#b3b3b3;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">(12)</font></td><td style="background-color:#b3b3b3;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">%</font></td><td colspan="3" style="display:none"></td><td colspan="2" style="background-color:#b3b3b3;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">(1)</font></td><td style="background-color:#b3b3b3;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">%</font></td><td colspan="2" style="background-color:#b3b3b3;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">(13)</font></td><td style="background-color:#b3b3b3;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">%</font></td><td style="background-color:#b3b3b3;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">$</font></td><td style="background-color:#b3b3b3;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">(288)</font></td><td style="background-color:#b3b3b3;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td style="background-color:#b3b3b3;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">$</font></td><td style="background-color:#b3b3b3;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">(137)</font></td><td style="background-color:#b3b3b3;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#b3b3b3;border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">(100+%)</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Returns&#47;charges associated with restructuring and other activities</font></td><td colspan="2" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3&#160;</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(102)</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(96)</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#b3b3b3;border-top:1pt solid #000;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Total</font></td><td style="background-color:#b3b3b3;border-bottom:1pt solid #000;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">$</font></td><td style="background-color:#b3b3b3;border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">3,411</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</font></td><td style="background-color:#b3b3b3;border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td style="background-color:#b3b3b3;border-bottom:1pt solid #000;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">$</font></td><td style="background-color:#b3b3b3;border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">3,871</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</font></td><td style="background-color:#b3b3b3;border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="background-color:#b3b3b3;border-bottom:1pt solid #000;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">(12)</font></td><td style="background-color:#b3b3b3;border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">%</font></td><td colspan="3" style="display:none"></td><td colspan="2" style="background-color:#b3b3b3;border-bottom:1pt solid #000;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">(1)</font></td><td style="background-color:#b3b3b3;border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">%</font></td><td colspan="2" style="background-color:#b3b3b3;border-bottom:1pt solid #000;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">(13)</font></td><td style="background-color:#b3b3b3;border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">%</font></td><td style="background-color:#b3b3b3;border-bottom:1pt solid #000;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">$</font></td><td style="background-color:#b3b3b3;border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">(390)</font></td><td style="background-color:#b3b3b3;border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td style="background-color:#b3b3b3;border-bottom:1pt solid #000;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">$</font></td><td style="background-color:#b3b3b3;border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">(233)</font></td><td style="background-color:#b3b3b3;border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="background-color:#b3b3b3;border-bottom:1pt solid #000;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">(67)</font></td><td style="background-color:#b3b3b3;border-bottom:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">%</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="27" style="border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Non-GAAP Adjustments to As Reported Operating Loss&#58;</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="18" style="border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Returns&#47;charges associated with restructuring and other activities</font></td><td colspan="2" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">102&#160;</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">96&#160;</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="18" style="padding:2px 1pt;text-align:left;vertical-align:top"><div><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Skin Care - Goodwill and other intangible asset impairments</font></div></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">375&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">471&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="18" style="padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Makeup - Other intangible asset impairment</font></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">50&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="18" style="border-bottom:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><div><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Skin Care - Changes in fair value of DECIEM acquisition-related stock options inclusive of payroll tax</font></div></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">15&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="18" style="background-color:#b3b3b3;border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:11.25pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Adjusted Operating Income - Non-GAAP</font></div></td><td style="background-color:#b3b3b3;border-bottom:1pt solid #000;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">$</font></td><td style="background-color:#b3b3b3;border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">137</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</font></td><td style="background-color:#b3b3b3;border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td style="background-color:#b3b3b3;border-bottom:1pt solid #000;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">$</font></td><td style="background-color:#b3b3b3;border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">349</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</font></td><td style="background-color:#b3b3b3;border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="background-color:#b3b3b3;border-bottom:1pt solid #000;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">(61)</font></td><td style="background-color:#b3b3b3;border-bottom:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">%</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="27" style="border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><div><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:5.85pt;font-style:italic;font-weight:400;line-height:100%;position:relative;top:-3.15pt;vertical-align:baseline">1</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%">Percentages are calculated on an individual basis. </font></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div style="padding-right:43.2pt"><font><br></font></div><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:95.000%"><tr><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.234%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt;vertical-align:middle"><div><img alt="footera.jpg" src="footera.jpg" style="height:31px;margin-bottom:5pt;vertical-align:text-bottom;width:50px"></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:100%">Page 10 of <a href="#i8473bb51a7f945b7b77c54d44655144f_4" style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:100%;text-decoration:none">26</a></font></div></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="min-height:45pt;width:100%"><div style="text-align:right"><font><br></font></div></div><div style="padding-right:43.2pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:95.833%"><tr><td style="width:1.0%"></td><td style="width:18.175%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.871%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.871%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.769%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:11.653%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.088%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.015%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.015%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.643%"></td><td style="width:0.1%"></td></tr><tr><td colspan="27" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Results by Geographic Region<br>(Unaudited)</font></td></tr><tr style="height:8pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-bottom:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-bottom:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-bottom:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-bottom:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-bottom:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-bottom:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-bottom:1pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="24" style="background-color:#00497f;border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#ffffff;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Three Months Ended June 30</font></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="6" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Net Sales</font></td><td colspan="9" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="text-align:center"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Percentage Change</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:6.5pt;font-weight:700;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">1  </font></div></td><td colspan="6" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Operating (Loss) Income</font></td><td colspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Percentage<br>Change</font></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">($ in millions)</font></td><td colspan="3" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2025</font></td><td colspan="3" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2024</font></td><td colspan="3" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Reported<br>Basis</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Impact of Foreign Currency Translation</font></td><td colspan="3" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="text-align:center"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Organic </font></div><div style="text-align:center"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">&#160;Net Sales</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:6.5pt;font-weight:700;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline"> </font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">(Non-GAAP)</font></div></td><td colspan="3" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2025</font></td><td colspan="3" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2024</font></td><td colspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Reported<br>Basis</font></td></tr><tr><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">The Americas</font></td><td style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">949&#160;</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,014&#160;</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(6)</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1&#160;</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td><td colspan="2" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(5)</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td><td style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">65&#160;</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">277&#160;</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(77)</font></td><td style="border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Europe, the Middle East &#38; Africa</font></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,293&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,652&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(22)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(2)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(24)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(35)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">11&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(100+)</font></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Asia&#47;Pacific</font></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,166&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,205&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(3)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(1)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(4)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(318)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(425)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;padding:2px 13pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">25</font></td></tr><tr><td colspan="3" style="background-color:#b3b3b3;border-top:1pt solid #000;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Subtotal</font></td><td style="background-color:#b3b3b3;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">$</font></td><td style="background-color:#b3b3b3;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">3,408</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</font></td><td style="background-color:#b3b3b3;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td style="background-color:#b3b3b3;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">$</font></td><td style="background-color:#b3b3b3;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">3,871</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</font></td><td style="background-color:#b3b3b3;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="background-color:#b3b3b3;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">(12)</font></td><td style="background-color:#b3b3b3;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">%</font></td><td colspan="3" style="display:none"></td><td colspan="2" style="background-color:#b3b3b3;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">(1)</font></td><td style="background-color:#b3b3b3;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">%</font></td><td colspan="2" style="background-color:#b3b3b3;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">(13)</font></td><td style="background-color:#b3b3b3;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">%</font></td><td style="background-color:#b3b3b3;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">$</font></td><td style="background-color:#b3b3b3;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">(288)</font></td><td style="background-color:#b3b3b3;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td style="background-color:#b3b3b3;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">$</font></td><td style="background-color:#b3b3b3;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">(137)</font></td><td style="background-color:#b3b3b3;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#b3b3b3;border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">(100+%)</font></td></tr><tr><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Returns&#47;charges associated with restructuring and other activities </font></td><td colspan="2" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3&#160;</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(102)</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(96)</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#b3b3b3;border-top:1pt solid #000;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Total</font></td><td style="background-color:#b3b3b3;border-bottom:1pt solid #000;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">$</font></td><td style="background-color:#b3b3b3;border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">3,411</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</font></td><td style="background-color:#b3b3b3;border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td style="background-color:#b3b3b3;border-bottom:1pt solid #000;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">$</font></td><td style="background-color:#b3b3b3;border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">3,871</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</font></td><td style="background-color:#b3b3b3;border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="background-color:#b3b3b3;border-bottom:1pt solid #000;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">(12)</font></td><td style="background-color:#b3b3b3;border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">%</font></td><td colspan="3" style="display:none"></td><td colspan="2" style="background-color:#b3b3b3;border-bottom:1pt solid #000;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">(1)</font></td><td style="background-color:#b3b3b3;border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">%</font></td><td colspan="2" style="background-color:#b3b3b3;border-bottom:1pt solid #000;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">(13)</font></td><td style="background-color:#b3b3b3;border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">%</font></td><td style="background-color:#b3b3b3;border-bottom:1pt solid #000;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">$</font></td><td style="background-color:#b3b3b3;border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">(390)</font></td><td style="background-color:#b3b3b3;border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td style="background-color:#b3b3b3;border-bottom:1pt solid #000;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">$</font></td><td style="background-color:#b3b3b3;border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">(233)</font></td><td style="background-color:#b3b3b3;border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="background-color:#b3b3b3;border-bottom:1pt solid #000;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">(67)</font></td><td style="background-color:#b3b3b3;border-bottom:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">%</font></td></tr><tr><td colspan="27" style="border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Non-GAAP Adjustments to As Reported Operating Loss&#58;</font></td></tr><tr><td colspan="18" style="border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Returns&#47;charges associated with restructuring and other activities</font></td><td colspan="2" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">102&#160;</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">96&#160;</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="18" style="padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">The Americas - Other intangible asset impairments</font></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">50&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="18" style="padding:2px 1pt;text-align:left;vertical-align:top"><div><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Asia&#47;Pacific - Goodwill and other intangible asset impairments</font></div></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">375&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">471&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="18" style="padding:2px 1pt;text-align:left;vertical-align:top"><div><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">The Americas - Changes in fair value of DECIEM acquisition-related stock options inclusive of payroll tax</font></div></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="18" style="padding:2px 1pt;text-align:left;vertical-align:top"><div><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Europe, the Middle East &#38; Africa - Changes in fair value of DECIEM acquisition-related stock options inclusive of payroll tax</font></div></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">9&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="18" style="background-color:#b3b3b3;border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:11.25pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Adjusted Operating Income - Non-GAAP</font></div></td><td style="background-color:#b3b3b3;border-bottom:1pt solid #000;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">$</font></td><td style="background-color:#b3b3b3;border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">137</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</font></td><td style="background-color:#b3b3b3;border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td style="background-color:#b3b3b3;border-bottom:1pt solid #000;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">$</font></td><td style="background-color:#b3b3b3;border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">349</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</font></td><td style="background-color:#b3b3b3;border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="background-color:#b3b3b3;border-bottom:1pt solid #000;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">(61)</font></td><td style="background-color:#b3b3b3;border-bottom:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">%</font></td></tr><tr><td colspan="27" style="border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><div><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:5.85pt;font-style:italic;font-weight:400;line-height:100%;position:relative;top:-3.15pt;vertical-align:baseline">1</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%">Percentages are calculated on an individual basis. </font></div></td></tr></table></div><div style="padding-right:43.2pt"><font><br></font></div><div style="padding-left:36pt;padding-right:14.4pt;text-indent:-18pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt">&#8226;</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt;padding-left:10.73pt">For the three months ended June 30, 2025, </font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:700;line-height:16.00pt">reported and organic net sales </font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt">decreased 12% and 13%, respectively, compared to the prior-year period, reflecting declines across all product categories, except Fragrance, and all geographic regions.</font></div><div style="padding-left:54pt;padding-right:14.4pt;text-indent:-18pt"><font style="color:#002453;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt">&#9702;</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:700;line-height:16.00pt;padding-left:13.9pt">Organic net sales decreased</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt"> 13%, led by Skin Care and Makeup.</font></div><div style="padding-left:72pt;padding-right:14.4pt;text-indent:-18pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt">&#9642;</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt;padding-left:14.49pt">Net sales fell 17% in </font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:700;line-height:16.00pt">Skin Care</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt">, primarily driven by Est&#233;e Lauder and La Mer, reflecting the challenges in the Company&#8217;s Asia travel retail business, as previously discussed.</font></div><div style="padding-left:72pt;padding-right:14.4pt;text-indent:-18pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt">&#9642;</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:700;line-height:16.00pt;padding-left:14.49pt">Makeup</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt"> net sales decreased 12%, primarily reflecting (i) lower net sales from Est&#233;e Lauder, due to the challenges in the Company&#8217;s Asia travel retail business, (ii) declines across all geographic regions from M&#183;A&#183;C and (iii) lower net sales in North America, led by Too Faced, primarily due to retail softness for some brands as well as the timing of shipments. </font></div><div style="padding-left:72pt;padding-right:14.4pt;text-indent:-18pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt">&#9642;</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:700;line-height:16.00pt;padding-left:14.49pt">Fragrance</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt"> net sales increased 2%</font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt">, </font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt">fueled by the Company&#8217;s Luxury fragrance brands, led by Le Labo and Jo Malone London, driven by the success of hero product franchises, benefits from innovation, targeted expanded consumer reach throughout fiscal 2025 and the increase in consumer-facing investments. </font></div><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:95.000%"><tr><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.234%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt;vertical-align:middle"><div><img alt="footera.jpg" src="footera.jpg" style="height:31px;margin-bottom:5pt;vertical-align:text-bottom;width:50px"></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:100%">Page 11 of <a href="#i8473bb51a7f945b7b77c54d44655144f_4" style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:100%;text-decoration:none">26</a></font></div></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="min-height:45pt;width:100%"><div style="text-align:right"><font><br></font></div></div><div style="padding-left:72pt;padding-right:14.4pt;text-indent:-18pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt">&#9642;</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt;padding-left:14.49pt">Net sales declined 15%</font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt"> </font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt">in </font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:700;line-height:16.00pt">Hair Care</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt">, primarily due to ongoing brick-and-mortar challenges in North America, which more than offset the benefit from the fiscal 2025 fourth-quarter launch of Aveda in Amazon&#8217;s U.S. Premium Beauty store. </font></div><div style="padding-left:72pt;padding-right:14.4pt;text-indent:-18pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt">&#9642;</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt;padding-left:14.49pt">Net sales declined in all </font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:700;line-height:16.00pt">geographic regions</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt">, primarily driven by the declines in the Company&#8217;s global travel retail business and North America, as discussed above.  </font></div><div style="padding-left:54pt;padding-right:14.4pt;text-indent:-18pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt">&#9702;</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt;padding-left:13.9pt">Despite improvements in certain areas of the business, the sequential deterioration in the Company&#8217;s fiscal 2025 fourth quarter net sales results primarily reflected the stronger double-digit decline in its global travel retail business, along with softness in mainland China from ongoing subdued consumer sentiment and tighter inventory management by some retailers. </font></div><div style="padding-left:36pt;padding-right:14.4pt;text-indent:-18pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt">&#8226;</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:700;line-height:16.00pt;padding-left:10.73pt">Operating loss</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt"> was $390 million, compared to $233 million in the prior-year period. Excluding returns and charges associated with restructuring and other activities, operating loss was $288 million, compared to $137 million in the prior-year period, reflecting declines across all product categories and geographic regions, except Asia&#47;Pacific.</font></div><div style="padding-left:54pt;padding-right:14.4pt;text-indent:-18pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt">&#9702;</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:700;line-height:16.00pt;padding-left:13.9pt">Skin Care</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt"> operating loss increased, primarily reflecting lower net sales, partially offset by the reduction in non-consumer-facing expenses, the year-over-year decrease of $96 million in goodwill and other intangible asset impairment charges relating to Dr.Jart+ and lower cost of sales. </font></div><div style="padding-left:54pt;padding-right:14.4pt;text-indent:-18pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt">&#9702;</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt;padding-left:13.9pt">Operating results in </font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:700;line-height:16.00pt">Makeup</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt"> decreased, primarily due to the decline in net sales and the fiscal 2025 other intangible asset impairment charge of $50 million relating to Too Faced, partially offset by lower cost of sales. </font></div><div style="padding-left:54pt;padding-right:14.4pt;text-indent:-18pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt">&#9702;</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:700;line-height:16.00pt;padding-left:13.9pt">Fragrance</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt"> operating loss increased, primarily driven by the increase in consumer-facing expenses, partially offset by the increase in net sales.</font></div><div style="padding-left:54pt;padding-right:14.4pt;text-indent:-18pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt">&#9702;</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt;padding-left:13.9pt">Operating loss increased in </font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:700;line-height:16.00pt">Hair Care</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt">, reflecting lower net sales, partially offset by the reduction in cost of sales.   </font></div><div style="padding-left:54pt;padding-right:14.4pt;text-indent:-18pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt">&#9702;</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt;padding-left:13.9pt">The decline in operating income in </font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:700;line-height:16.00pt">The Americas</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt"> was primarily driven by (i) the unfavorable year-over-year impact of net intercompany activity, including $145 million of lower intercompany royalty income due to the decline in income from the Company&#8217;s global travel retail business, (ii) lower net sales and (iii) the fiscal 2025 other intangible asset impairment charge of $50 million relating to Too Faced, partially offset by the decrease in non-consumer-facing expenses and cost of sales. </font></div><div style="padding-left:54pt;padding-right:14.4pt;text-indent:-18pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt">&#9702;</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt;padding-left:13.9pt">Operating results in </font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:700;line-height:16.00pt">EMEA</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt"> declined, primarily due to lower net sales, partially offset by the favorable year-over-year impact of net intercompany activity, including lower royalty expense due to the decline in income from the Company&#8217;s global travel retail business, as noted above. The reduction in cost of sales, including net benefits from the PRGP, also partially offset the decline in net sales.    </font></div><div style="padding-left:54pt;padding-right:14.4pt;text-indent:-18pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt">&#9702;</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt;padding-left:13.9pt">Operating loss in </font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:700;line-height:16.00pt">Asia&#47;Pacific</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt"> improved, primarily reflecting the year-over-year decrease of $96 million in goodwill and other intangible asset impairment charges relating to Dr.Jart+, the decrease in non-consumer-facing expenses and a favorable year-over-year impact associated with the timing of recognition of local government subsidies in China, partially offset by lower net sales.</font></div><div style="padding-left:36pt;padding-right:14.4pt;text-indent:-18pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt">&#8226;</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:700;line-height:16.00pt;padding-left:10.73pt">Net loss</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt"> was $546 million and </font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:700;line-height:16.00pt">diluted net loss per common share</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt"> was $1.51, compared to $284 million and $.79, respectively, in the prior-year period. </font></div><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:95.000%"><tr><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.234%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt;vertical-align:middle"><div><img alt="footera.jpg" src="footera.jpg" style="height:31px;margin-bottom:5pt;vertical-align:text-bottom;width:50px"></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:100%">Page 12 of <a href="#i8473bb51a7f945b7b77c54d44655144f_4" style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:100%;text-decoration:none">26</a></font></div></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="min-height:45pt;width:100%"><div style="text-align:right"><font><br></font></div></div><div style="padding-left:36pt;padding-right:14.4pt;text-indent:-18pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt">&#8226;</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt;padding-left:10.73pt">During the three months ended June 30, 2025, the Company recorded </font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:700;line-height:16.00pt">restructuring and other charges and other intangible asset impairment charges</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt"> that, combined, resulted in an unfavorable impact of $527 million ($408 million net of tax), equal to $1.12 per diluted share. In addition, the Company recorded a U.S. deferred tax asset valuation allowance adjustment of $172 million, equal to $.48 per diluted share. The prior-year period results include restructuring and other charges and adjustments that, combined, resulted in an unfavorable impact of $582 million ($516 million</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:7.8pt;font-weight:400;line-height:16.00pt;position:relative;top:-4.2pt;vertical-align:baseline">6</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt"> less the portion attributable to redeemable noncontrolling interest and net of tax), equal to $1.43 per diluted share. See page 23 for details.</font></div><div style="padding-left:36pt;padding-right:14.4pt;text-indent:-18pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt">&#8226;</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt;padding-left:10.73pt">Excluding restructuring and other charges and adjustments referred to in the previous bullet, </font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:700;line-height:16.00pt">adjusted diluted net earnings per common share</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt"> for the three months ended June 30, 2025 was $.09, a decrease from $.64 in the prior-year period. Adjusted diluted net earnings per common share was $.09 in constant currency.</font></div><div style="padding-right:14.4pt"><font><br></font></div><div style="padding-right:14.4pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:700;line-height:16.00pt;text-decoration:underline">QUARTERLY DIVIDEND</font></div><div style="padding-right:14.4pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt">Today, the Company announced a quarterly dividend of $.35 per share on its Class A and Class B Common Stock, payable in cash on  September&#160;16, 2025 to stockholders of record at the close of business on September&#160;2, 2025.</font></div><div style="padding-right:14.4pt"><font><br></font></div><div><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:700;line-height:115%;text-decoration:underline">PROFIT RECOVERY AND GROWTH PLAN (&#8220;PRGP&#8221;)</font></div><div><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt">In February 2025, the Company announced the expansion of its PRGP, including the restructuring program. While the Company realized more net benefits under the PRGP in fiscal 2025 than expected, these benefits were more than offset by sales volume deleverage, investments to restore sustainable growth and inflation. Actions under the plan are expected to be substantially completed in fiscal 2027, with a majority of the full run-rate benefits expected to be realized during fiscal 2027. The plan is designed to further transform the Company&#8217;s operating model to fund a return to sales growth in fiscal 2026 and restore a solid double-digit adjusted operating margin over the next few years, and continue to mitigate impacts from external volatility.</font></div><div style="padding-right:14.4pt"><font><br></font></div><div style="padding-right:14.4pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt">The Company has made meaningful progress in the execution of its PRGP, as evidenced by adjusted gross margin expansion, the advancement of planned initiatives, internally and with external partners, and cumulative actions under its restructuring program. The Company delivered over 200 basis points of adjusted gross margin expansion in fiscal 2025, despite pressure from its sales volume declines, through initiatives designed to (i) enhance operational efficiencies&#59; (ii) reduce excess inventory&#59; and (iii) improve the realization of net strategic pricing actions by reducing discounts and promotions. This reflects over 300 basis points of expansion in each of the first three quarters, and relatively flat adjusted gross margin in the fourth quarter&#8212;despite being the quarter with the largest sales volume decline of fiscal 2025. In addition, the Company reduced its non-consumer-facing expenses by 6% in fiscal 2025, with continued progress in the fourth quarter, to help fund consumer-facing investments, through initiatives designed to (i) reduce employee-related costs, (ii) optimize vendor management and (iii) reduce third-party labor-related costs. </font></div><div style="padding-right:14.4pt"><font><br></font></div><div style="border-bottom:1pt solid #000000;margin-bottom:5pt;margin-top:10pt;opacity:1;width:150pt"></div><div><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:5.2pt;font-style:italic;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">6</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Refer to Page 23 for details on the earnings and related tax impacts associated with the fiscal 2024 non-GAAP adjustments. For fiscal 2024, this also includes the impact of redeemable noncontrolling interest of $4 million. </font></div><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:95.000%"><tr><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.234%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt;vertical-align:middle"><div><img alt="footera.jpg" src="footera.jpg" style="height:31px;margin-bottom:5pt;vertical-align:text-bottom;width:50px"></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:100%">Page 13 of <a href="#i8473bb51a7f945b7b77c54d44655144f_4" style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:100%;text-decoration:none">26</a></font></div></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="min-height:45pt;width:100%"><div style="text-align:right"><font><br></font></div></div><div style="padding-right:14.4pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:700;line-height:16.00pt;text-decoration:underline">Restructuring Program Component of the PRGP</font></div><div style="padding-right:14.4pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt">Relating specifically to the restructuring program component of the PRGP, once fully implemented, the Company expects to take restructuring and other charges of between $1.2 billion and $1.6 billion, before taxes, consisting of employee-related costs, asset-related costs, contract terminations and other costs associated with implementing these initiatives. The restructuring program is expected to yield annual gross benefits of between $0.8 billion and $1.0 billion, before taxes, to help restore operating margin and also fuel reinvestment in consumer-facing areas to drive sustainable sales growth. </font></div><div style="padding-right:14.4pt"><font><br></font></div><div style="padding-right:14.4pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt">The Company estimates a net reduction in positions of 5,800 to 7,000, including approvals to date. This net reduction takes into account the elimination of positions after retraining and redeployment of certain employees in select areas. Approvals for specific initiatives under this restructuring program, in total, are expected to be completed by the end of fiscal 2026. The restructuring program&#8217;s focus includes the (i) reorganization and rightsizing of certain areas, (ii) simplification and acceleration of processes, (iii) outsourcing of select services and (iv) evolution of go-to-market footprint and selling models.</font></div><div style="padding-right:14.4pt"><font><br></font></div><div style="padding-right:14.4pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt">As of June 30, 2025, the Company has recognized total cumulative charges under the restructuring component of the PRGP of $610 million, consisting primarily of employee-related costs. As of August&#160;13, 2025, the Company has approved initiatives totaling cumulative charges of $747 million and a net reduction of over 3,200 positions. Inclusive of approvals through August 2025 and relative to the high end of the total expected ranges, the Company has approved initiatives that account for over 60% of the expected gross benefits and nearly 50% of both the expected charges and net reduction in positions. </font></div><div style="padding-right:14.4pt"><font><br></font></div><div style="padding-right:14.4pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:700;line-height:16.00pt;text-decoration:underline">OUTLOOK FOR FISCAL 2026 FULL YEAR</font></div><div style="padding-right:14.4pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt">As the Company has done historically, it continues to develop its strategy, assess performance and allocate resources by product category and will continue to report results by product category. To enhance accountability and streamline operations within the organization, as well as to align with its recently announced leadership changes, the Company has reorganized its geographic regions. Beginning with the fiscal 2026 first quarter, the Company will be reporting its fiscal 2026 and comparable fiscal 2025 results by geographic region under the new regional structure. The Company&#8217;s four new geographic regions are&#58;</font></div><div style="padding-left:18pt;text-indent:-18pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt">&#8226;</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt;padding-left:10.73pt">The Americas, including North America and Latin America</font></div><div style="padding-left:18pt;text-indent:-18pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt">&#8226;</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt;padding-left:10.73pt">Europe, the United Kingdom and Ireland and Emerging Markets (&#8220;EUKEM&#8221;), including the markets of the Company&#8217;s previously reported EMEA region, as well as the Southeast Asian Emerging Markets, which were previously reported in its Asia&#47;Pacific region&#8212;Indonesia, Malaysia, the Philippines, Thailand, and Vietnam</font></div><div style="padding-left:18pt;text-indent:-18pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt">&#8226;</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt;padding-left:10.73pt">Asia&#47;Pacific, including the Company&#8217;s global travel retail business, which was previously reported in the EMEA region </font></div><div style="padding-left:18pt;text-indent:-18pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt">&#8226;</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt;padding-left:10.73pt">Mainland China, which was previously reported in the Company&#8217;s Asia&#47;Pacific region, will now be reported as a separate region</font></div><div><font><br></font></div><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:95.000%"><tr><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.234%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt;vertical-align:middle"><div><img alt="footera.jpg" src="footera.jpg" style="height:31px;margin-bottom:5pt;vertical-align:text-bottom;width:50px"></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:100%">Page 14 of <a href="#i8473bb51a7f945b7b77c54d44655144f_4" style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:100%;text-decoration:none">26</a></font></div></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="min-height:45pt;width:100%"><div style="text-align:right"><font><br></font></div></div><div><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt">See page 26 for fiscal 2025 and 2024 full-year and fourth quarter net sales results presented under the new regional structure.</font></div><div style="padding-right:14.4pt"><font><br></font></div><div style="padding-right:14.4pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt">The Company continues to closely monitor evolving trade policies and enacted tariffs, and its task force has been actively evaluating developments and mitigation strategies to reduce the potential impacts of tariffs. The Company has implemented a range of actions, including leveraging available trade programs and further optimizing its regional manufacturing footprint to bring production closer to the consumer&#8212;including through its facility in Japan. These efforts, combined with increased supply chain agility, are helping to offset more than half of the expected impacts and better position the Company to adapt quickly as trade policies continue to evolve.</font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt">Based on current information and net of planned mitigation actions, the Company expects tariff-related headwinds to impact fiscal 2026 profitability by approximately $100 million. The Company continues to evaluate additional strategies, including further PRGP initiatives and potential pricing actions.</font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt">In terms of recently enacted tariffs, the Company&#8217;s assumption reflects the following incremental rates on its most material flow of goods&#58;</font></div><div style="padding-left:18pt;text-indent:-18pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt">&#8226;</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt;padding-left:10.73pt">For U.S. imports&#58; (i) from Switzerland a 39% rate, (ii) from Canada a 35% rate, (iii) from China a 30% rate, (iv) from Mexico a 25% rate, (v) from both the European Union and Japan a 15% rate and (vi) from the U.K. a 10% rate </font></div><div style="padding-left:18pt;text-indent:-18pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt">&#8226;</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt;padding-left:10.73pt">For Canada imports from the U.S., a 25% rate</font></div><div style="padding-left:18pt;text-indent:-18pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt">&#8226;</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt;padding-left:10.73pt">For China imports from the U.S., a 10% rate</font></div><div><font><br></font></div><div style="padding-right:14.4pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt">Beginning with fiscal 2026, the Company is providing only an annual outlook. This approach gives the Company more agility and flexibility to navigate ongoing volatility while better aligning with its long-term value creation and strategic priorities.</font></div><div style="padding-right:14.4pt"><font><br></font></div><div style="padding-right:14.4pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:98.194%"><tr><td style="width:1.0%"></td><td style="width:80.936%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:16.864%"></td><td style="width:0.1%"></td></tr><tr><td colspan="6" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Reconciliation between GAAP and Non-GAAP - Net Sales Growth<br>(Unaudited)</font></td></tr><tr style="height:14pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#00497f;border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#ffffff;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Twelve Months Ending</font></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#00497f;border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="text-align:center"><font style="color:#ffffff;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">June 30, 2026</font><font style="color:#ffffff;font-family:'Optima LT Pro',sans-serif;font-size:5.85pt;font-weight:700;line-height:100%;position:relative;top:-3.15pt;vertical-align:baseline">(F)</font></div></td></tr><tr><td colspan="3" style="background-color:#b3b3b3;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">As Reported - GAAP</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#b3b3b3;border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2% - 5%</font></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Impact of foreign currency translation</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 13pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2</font></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Returns associated with restructuring and other activities</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:5.85pt;font-weight:400;line-height:100%;position:relative;top:-3.15pt;vertical-align:baseline">(1)</font></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;padding:2px 13pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;</font></td></tr><tr><td colspan="3" style="background-color:#b3b3b3;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Organic, Non-GAAP</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#b3b3b3;border-bottom:1pt solid #000;border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">0% - 3%</font></td></tr><tr><td colspan="6" style="border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:5.85pt;font-style:italic;font-weight:400;line-height:100%;position:relative;top:-3.15pt;vertical-align:baseline">(F)</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%">Represents forecast, using spot rates as of June 30, 2025.</font></div></td></tr><tr><td colspan="6" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:5.85pt;font-style:italic;font-weight:400;line-height:100%;position:relative;top:-3.15pt;vertical-align:baseline">(1)</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%">The net sales growth impact of returns associated with restructuring and other activities includes approvals to date. Additional returns associated with restructuring and other activities are anticipated as initiatives are approved in fiscal 2026.</font></div></td></tr></table></div><div style="padding-right:43.2pt"><font><br></font></div><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:95.000%"><tr><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.234%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt;vertical-align:middle"><div><img alt="footera.jpg" src="footera.jpg" style="height:31px;margin-bottom:5pt;vertical-align:text-bottom;width:50px"></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:100%">Page 15 of <a href="#i8473bb51a7f945b7b77c54d44655144f_4" style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:100%;text-decoration:none">26</a></font></div></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="min-height:45pt;width:100%"><div style="text-align:right"><font><br></font></div></div><div style="padding-right:43.2pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:98.333%"><tr><td style="width:1.0%"></td><td style="width:65.001%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:10.623%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.210%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.766%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Reconciliation between GAAP and Non-GAAP - Diluted Net Earnings (Loss) Per Common Share (&#8220;EPS&#8221;)<br>(Unaudited)</font></td></tr><tr style="height:5pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-bottom:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-bottom:1pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="9" style="background-color:#00497f;border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#ffffff;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Twelve Months Ending</font></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="6" style="background-color:#00497f;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#ffffff;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">June 30</font></td><td colspan="3" style="background-color:#00497f;border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#00497f;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="text-align:center"><font style="color:#ffffff;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2026</font><font style="color:#ffffff;font-family:'Optima LT Pro',sans-serif;font-size:5.85pt;font-weight:700;line-height:100%;position:relative;top:-3.15pt;vertical-align:baseline">(F)</font></div></td><td colspan="3" style="background-color:#00497f;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#ffffff;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2025</font></td><td colspan="3" style="background-color:#00497f;border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#ffffff;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Growth</font></td></tr><tr><td colspan="3" style="background-color:#b3b3b3;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Forecasted&#47;As Reported EPS - GAAP</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#b3b3b3;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">$1.63 - $1.87</font></td><td style="background-color:#b3b3b3;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">$</font></td><td style="background-color:#b3b3b3;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">(3.15)</font></td><td style="background-color:#b3b3b3;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#b3b3b3;border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">100+%</font></td></tr><tr style="height:14pt"><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:100%;text-decoration:underline">Non-GAAP</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-left:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Restructuring and other charges</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:5.85pt;font-weight:400;line-height:100%;position:relative;top:-3.15pt;vertical-align:baseline">(1)</font></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-left:1pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:100%">.23 - .27</font></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1.06&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Goodwill and other intangible asset impairments</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-left:1pt solid #000;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;</font></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2.78&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:100%">U.S. deferred tax asset valuation allowance adjustment</font></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-left:1pt solid #000;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;</font></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:100%">.48&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Talcum litigation settlement agreements</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:5.85pt;font-weight:400;line-height:100%;position:relative;top:-3.15pt;vertical-align:baseline">(2)</font></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-left:1pt solid #000;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;</font></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:100%">.34&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#b3b3b3;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Forecasted&#47;Adjusted EPS - Non-GAAP</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#b3b3b3;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">$1.90 - $2.10</font></td><td style="background-color:#b3b3b3;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">$</font></td><td style="background-color:#b3b3b3;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">1.51</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#160;</font></td><td style="background-color:#b3b3b3;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#b3b3b3;border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">26% - 39%</font></td></tr><tr><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Impact of foreign currency translation</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(.03)</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#b3b3b3;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Forecasted&#47;Adjusted Constant Currency EPS - Non-GAAP</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#b3b3b3;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">$1.87 - $2.07</font></td><td style="background-color:#b3b3b3;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">$</font></td><td style="background-color:#b3b3b3;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">1.51</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#160;</font></td><td style="background-color:#b3b3b3;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#b3b3b3;border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">24% - 37%</font></td></tr><tr><td colspan="3" style="display:none"></td></tr><tr><td colspan="12" style="border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:5.85pt;font-style:italic;font-weight:400;line-height:100%;position:relative;top:-3.15pt;vertical-align:baseline">(F)</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%">Represents forecast, using spot rates as of June 30, 2025.</font></div></td></tr><tr><td colspan="12" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:5.85pt;font-style:italic;font-weight:400;line-height:100%;position:relative;top:-3.15pt;vertical-align:baseline">(1)</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%">The diluted net earnings per common share impact of restructuring and other charges includes approvals to date. Additional restructuring and other charges are anticipated as initiatives are approved in fiscal 2026.</font></div></td></tr><tr><td colspan="12" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:5.85pt;font-style:italic;font-weight:400;line-height:100%;position:relative;top:-3.15pt;vertical-align:baseline">(2)</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%">No assumptions included in the fiscal 2026 forecast.</font></div></td></tr></table></div><div style="margin-bottom:3pt;padding-right:14.4pt"><font><br></font></div><div style="padding-right:14.4pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt">The Company has reflected the following assumptions in its fiscal 2026 full-year outlook&#58;</font></div><div style="padding-left:18pt;padding-right:14.4pt;text-indent:-18pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt">&#8226;</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt;padding-left:10.73pt">Global prestige beauty growth between 2% and 3%</font></div><div style="padding-left:18pt;padding-right:14.4pt;text-indent:-18pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt">&#8226;</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt;padding-left:10.73pt">Organic net sales assumptions&#58;</font></div><div style="padding-left:36pt;padding-right:14.4pt;text-indent:-18pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt">&#9702;</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt;padding-left:13.9pt">Tighter monitoring of inventory in trade and a significant reduction in discounts, reflecting the Company&#8217;s planned actions to better align its retail and net sales growth</font></div><div style="padding-left:18pt;padding-right:14.4pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt">&#9702;</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt;padding-left:13.9pt">Mid-single-digit return to growth in mainland China, reflecting early signs of stabilization</font></div><div style="padding-left:36pt;padding-right:14.4pt;text-indent:-18pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt">&#9702;</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt;padding-left:13.9pt">At the mid-point of the outlook range, a return to modest growth in the Company&#8217;s global travel retail business, with a wider second-half fiscal 2026 outlook range, reflecting&#58;</font></div><div style="padding-left:54pt;padding-right:14.4pt;text-indent:-18pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt">&#9642;</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt;padding-left:14.49pt">An improvement in shipments compared to fiscal 2025, particularly in the first half of fiscal 2026, in Asia travel retail as the Company anniversaries the impacts of actions taken to improve retailer inventory levels and the Company&#8217;s strategic decision to reduce its exposure to reseller activity&#59;</font></div><div style="padding-left:54pt;padding-right:14.4pt;text-indent:-18pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt">&#9642;</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt;padding-left:14.49pt">Offset to some extent by the ongoing volatility in Asia travel retail&#8212;including weak conversion</font></div><div style="padding-left:36pt;padding-right:14.4pt;text-indent:-18pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt">&#9702;</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt;padding-left:13.9pt">Low-single-digit growth in the Company&#8217;s markets&#8212;excluding mainland China&#8212;reflecting improvements in year-over-year growth rates in most markets compared to growth rates in fiscal 2025</font></div><div style="padding-left:36pt;text-indent:-18pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt">&#9702;</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt;padding-left:13.75pt">Low-single-digit decline to slightly positive in the fiscal 2026 first quarter. This reflects high-single-digit growth in the Company&#8217;s global travel retail business, while maintaining the Company&#8217;s strategic initiative to keep the mix of business in line with industry norms. In addition, the Company anticipates, a return to solid growth in mainland China and a more moderate decline in the remainder of the business.</font></div><div style="padding-left:18pt;padding-right:14.4pt;text-indent:-18pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt">&#8226;</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt;padding-left:10.73pt">As of August 13, 2025, an unfavorable impact of approximately $100 million on profitability from currently enacted incremental tariffs, net of the Company&#8217;s planned mitigation strategies</font></div><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:95.000%"><tr><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.234%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt;vertical-align:middle"><div><img alt="footera.jpg" src="footera.jpg" style="height:31px;margin-bottom:5pt;vertical-align:text-bottom;width:50px"></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:100%">Page 16 of <a href="#i8473bb51a7f945b7b77c54d44655144f_4" style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:100%;text-decoration:none">26</a></font></div></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="min-height:45pt;width:100%"><div style="text-align:right"><font><br></font></div></div><div style="padding-left:18pt;padding-right:14.4pt;text-indent:-18pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt">&#8226;</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt;padding-left:10.73pt">Adjusted operating margin of 9.4% to 9.9%, reflecting greater expansion in the second half of fiscal 2026 as PRGP benefits are expected to build sequentially each quarter</font></div><div style="padding-left:18pt;padding-right:14.4pt;text-indent:-18pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt">&#8226;</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt;padding-left:10.73pt">An adjusted effective tax rate of approximately 36%, reflecting the Company&#8217;s estimated geographical mix of earnings and a higher rate in the fiscal 2026 first quarter of approximately 40%, with improvement expected as profitability builds throughout the year. The Company is monitoring certain provisions in global tax regulations that may expire during fiscal 2026, which, if not extended, could increase its effective tax rate.  </font></div><div style="padding-left:18pt;padding-right:14.4pt;text-indent:-18pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt">&#8226;</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt;padding-left:10.73pt">Net cash flows provided by operating activities to be between $1.0 billion and $1.1 billion, representing a decline from fiscal 2025 and reflecting higher restructuring payments that are expected to peak in fiscal 2026, partially offset by the Company&#8217;s continued focus on managing working capital</font></div><div style="padding-left:18pt;padding-right:14.4pt;text-indent:-18pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt">&#8226;</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt;padding-left:10.73pt">Capital expenditures to be approximately 4% of projected sales, reflecting a more efficient and normalized level of expenditures, along with the Company&#8217;s focus on optimizing its investments overall as it prioritizes consumer-facing investments to fuel growth&#8212;including upgrades to existing brick-and-mortar and online distribution channels, along with targeted expanded consumer reach</font></div><div style="padding-left:18pt;padding-right:14.4pt;text-indent:-18pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt">&#8226;</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt;padding-left:10.73pt">No deterioration in the geopolitical landscape or related impacts, including tariffs and consumer sentiment</font></div><div style="padding-right:14.4pt"><font><br></font></div><div style="padding-right:14.4pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt">The Company continues to monitor the effects of the global macro environment, including the risk of recession&#59; currency volatility&#59; inflationary pressures&#59; supply chain challenges&#59; social and political issues&#59; competitive pressures&#59; legal and regulatory matters, including the imposition of tariffs and sanctions&#59; geopolitical tensions&#59; and global security issues. The Company is also mindful of inflationary pressures (including those caused by tariffs) on its cost base and is monitoring the impact on consumer preferences, the impact of changes being made in the organization, including those related to Beauty Reimagined and the PRGP, as well as the potential impact of changes expected to be made as part of the PRGP on suppliers, retailers and others, and challenges relating to successfully outsourcing select services.</font></div><div style="padding-right:14.4pt"><font><br></font></div><div style="margin-bottom:3pt;padding-right:14.4pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:700;line-height:16.00pt;text-decoration:underline">CONFERENCE CALL AND WEBCAST DETAILS</font></div><div style="padding-right:14.4pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt">The Est&#233;e Lauder Companies will host a conference call at 8&#58;30 a.m. (ET) today,</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:700;line-height:16.00pt"> August&#160;20, 2025</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt"> to discuss its results for fiscal 2025. The dial-in number for the call is 877-883-0383 in the U.S. or 412-902-6506 internationally (conference ID number&#58; 9963609). </font></div><div style="padding-right:14.4pt"><font><br></font></div><div style="margin-bottom:3pt;padding-right:14.4pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt">The call will also be webcast live at </font><font style="color:#0000ff;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt;text-decoration:underline">http&#58;&#47;&#47;www.elcompanies.com&#47;investors&#47;events-and-presentations</font><font style="color:#0000ff;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt"> </font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt">and will be available for replay until </font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:700;line-height:16.00pt">September 3, 2025</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt">.</font></div><div style="margin-bottom:3pt;padding-right:14.4pt"><font><br></font></div><div style="margin-bottom:3pt;padding-right:14.4pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:700;line-height:14.40pt;text-decoration:underline">CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS</font></div><div style="padding-right:14.4pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:14.40pt">Statements in this press release, in particular those in &#8220;Outlook,&#8221; as well as remarks by the CEO and other members of management, may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may address the Company&#8217;s expectations regarding sales, earnings or other future financial performance and liquidity, other performance measures, product introductions, entry into new geographic regions, information technology initiatives, new methods of sale, the Company&#8217;s long-term strategy, restructuring and </font></div><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:95.000%"><tr><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.234%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt;vertical-align:middle"><div><img alt="footera.jpg" src="footera.jpg" style="height:31px;margin-bottom:5pt;vertical-align:text-bottom;width:50px"></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:100%">Page 17 of <a href="#i8473bb51a7f945b7b77c54d44655144f_4" style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:100%;text-decoration:none">26</a></font></div></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="min-height:45pt;width:100%"><div style="text-align:right"><font><br></font></div></div><div style="padding-right:14.4pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:14.40pt">other charges and resulting cost savings, and future operations or operating results. These statements may contain words like &#8220;expect,&#8221; &#8220;will,&#8221; &#8220;will likely result,&#8221; &#8220;would,&#8221; &#8220;believe,&#8221; &#8220;estimate,&#8221; &#8220;planned,&#8221; &#8220;plans,&#8221; &#8220;intends,&#8221; &#8220;may,&#8221; &#8220;should,&#8221; &#8220;could,&#8221; &#8220;anticipate,&#8221; &#8220;estimate,&#8221; &#8220;project,&#8221; &#8220;projected,&#8221; &#8220;forecast,&#8221; and &#8220;forecasted&#8221; or similar expressions. Although the Company believes that its expectations are based on reasonable assumptions within the bounds of its knowledge of its business and operations, actual results may differ materially from the Company&#8217;s expectations. </font></div><div style="padding-right:14.4pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:120%">Factors that could cause actual results to differ from expectations include, without limitation&#58;</font></div><div style="padding-right:14.4pt"><font><br></font></div><div style="margin-bottom:3pt;padding-left:36pt;padding-right:14.4pt;text-indent:-22.5pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:120%">(1)</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:120%;padding-left:9.17pt">increased competitive activity from companies in the skin care, makeup, fragrance and hair care businesses&#59; </font></div><div style="margin-bottom:3pt;padding-left:36pt;padding-right:14.4pt;text-indent:-22.5pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:120%">(2)</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:120%;padding-left:9.17pt">the Company&#8217;s ability to develop, produce and market new products on which future operating results may depend and to successfully address challenges in the Company&#8217;s business&#59;</font></div><div style="margin-bottom:3pt;padding-left:36pt;padding-right:14.4pt;text-indent:-22.5pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:120%">(3)</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:120%;padding-left:9.17pt">consolidations, restructurings, bankruptcies and reorganizations in the retail industry causing a decrease in the number of stores that sell the Company&#8217;s products, an increase in the ownership concentration within the retail industry, ownership of retailers by the Company&#8217;s competitors or ownership of competitors by the Company&#8217;s customers that are retailers and the Company&#8217;s inability to collect receivables&#59; </font></div><div style="margin-bottom:3pt;padding-left:36pt;padding-right:14.4pt;text-indent:-22.5pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:120%">(4)</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:120%;padding-left:9.17pt">destocking and tighter working capital management by retailers&#59;</font></div><div style="margin-bottom:3pt;padding-left:36pt;padding-right:14.4pt;text-indent:-22.5pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:120%">(5)</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:120%;padding-left:9.17pt">the success, or changes in timing or scope, of new product launches and the success, or changes in timing or scope, of advertising, sampling and merchandising programs&#59;</font></div><div style="margin-bottom:3pt;padding-left:36pt;padding-right:14.4pt;text-indent:-22.5pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:120%">(6)</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:120%;padding-left:9.17pt">shifts in the preferences of consumers as to how they perceive value and where and how they shop&#59;</font></div><div style="margin-bottom:3pt;padding-left:36pt;padding-right:14.4pt;text-indent:-22.5pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:120%">(7)</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:120%;padding-left:9.17pt">social, political and economic risks to the Company&#8217;s foreign or domestic manufacturing, distribution and retail operations, including changes in foreign investment and trade policies and regulations of the host countries and of the United States&#59; </font></div><div style="margin-bottom:3pt;padding-left:36pt;padding-right:14.4pt;text-indent:-22.5pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:120%">(8)</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:120%;padding-left:9.17pt">changes in the laws, regulations and policies (including the interpretations and enforcement thereof) that affect, or will affect, the Company&#8217;s business, including those relating to its products or distribution networks, changes in accounting standards, tax laws and regulations, environmental or climate change laws, regulations or accords, trade rules and customs regulations, and the outcome and expense of legal or regulatory proceedings, and any action the Company may take as a result&#59;</font></div><div style="margin-bottom:3pt;padding-left:36pt;padding-right:14.4pt;text-indent:-22.5pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:120%">(9)</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:120%;padding-left:9.17pt">foreign currency fluctuations affecting the Company&#8217;s results of operations and the value of its foreign assets, the relative prices at which the Company and its foreign competitors sell products in the same markets and the Company&#8217;s operating and manufacturing costs outside of the United States&#59; </font></div><div style="margin-bottom:3pt;padding-left:36pt;padding-right:14.4pt;text-indent:-22.5pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:120%">(10)</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:120%;padding-left:2.5pt">changes in global or local conditions, including those due to volatility in the global credit and equity markets, government economic policies, natural or man-made disasters, real or perceived epidemics, supply chain challenges, inflation, or increased energy costs, that could affect consumer purchasing, the willingness or ability of consumers to travel and&#47;or purchase the Company&#8217;s products while traveling, the financial strength of the Company&#8217;s customers, suppliers or other contract counterparties, the Company&#8217;s operations, the cost and availability of capital which the Company may need for new equipment, facilities or acquisitions, the returns that the Company is able to generate on its pension assets and the resulting impact on funding obligations, the cost and availability of raw materials and the assumptions underlying the Company&#8217;s critical accounting estimates&#59;</font></div><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:95.000%"><tr><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.234%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt;vertical-align:middle"><div><img alt="footera.jpg" src="footera.jpg" style="height:31px;margin-bottom:5pt;vertical-align:text-bottom;width:50px"></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:100%">Page 18 of <a href="#i8473bb51a7f945b7b77c54d44655144f_4" style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:100%;text-decoration:none">26</a></font></div></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="min-height:45pt;width:100%"><div style="text-align:right"><font><br></font></div></div><div style="margin-bottom:3pt;padding-left:36pt;padding-right:14.4pt;text-indent:-22.5pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:120%">(11)</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:120%;padding-left:2.5pt">shipment delays, commodity pricing, depletion of inventory and increased production costs resulting from disruptions of operations at any of the facilities that manufacture the Company&#8217;s products or at the Company&#8217;s distribution or inventory centers, including disruptions that may be caused by the implementation of information technology initiatives, or by restructurings&#59; </font></div><div style="margin-bottom:3pt;padding-left:36pt;padding-right:14.4pt;text-indent:-22.5pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:120%">(12)</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:120%;padding-left:2.5pt">real estate rates and availability, which may affect the Company&#8217;s ability to increase or maintain the number of retail locations at which the Company sells its products and the costs associated with the Company&#8217;s other facilities&#59;</font></div><div style="margin-bottom:3pt;padding-left:36pt;padding-right:14.4pt;text-indent:-22.5pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:120%">(13)</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:120%;padding-left:2.5pt">changes in product mix to products which are less profitable&#59; </font></div><div style="margin-bottom:3pt;padding-left:36pt;padding-right:14.4pt;text-indent:-22.5pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:120%">(14)</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:120%;padding-left:2.5pt">the Company&#8217;s ability to acquire, develop or implement new information technology, including operational technology and websites, on a timely basis and within the Company&#8217;s cost estimates&#59; to maintain continuous operations of its new and existing information technology&#59; and to secure the data and other information that may be stored in such technologies or other systems or media&#59; </font></div><div style="margin-bottom:3pt;padding-left:36pt;padding-right:14.4pt;text-indent:-22.5pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:120%">(15)</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:120%;padding-left:2.5pt">the Company&#8217;s ability to capitalize on opportunities for improved efficiency, such as publicly-announced strategies and restructuring and cost-savings initiatives, and to integrate acquired businesses and realize value therefrom&#59; </font></div><div style="margin-bottom:3pt;padding-left:36pt;padding-right:14.4pt;text-indent:-22.5pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:120%">(16)</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:120%;padding-left:2.5pt">consequences attributable to local or international conflicts around the world, as well as from any terrorist action, retaliation and the threat of further action or retaliation&#59; </font></div><div style="margin-bottom:3pt;padding-left:36pt;padding-right:14.4pt;text-indent:-22.5pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:120%">(17)</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:120%;padding-left:2.5pt">the timing and impact of acquisitions, investments and divestitures&#59; and</font></div><div style="margin-bottom:3pt;padding-left:36pt;padding-right:14.4pt;text-indent:-22.5pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:120%">(18)</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:120%;padding-left:2.5pt">additional factors as described in the Company&#8217;s filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the fiscal year ended June&#160;30, 2024.</font></div><div style="padding-left:40.5pt;padding-right:14.4pt;text-indent:-22.5pt"><font><br></font></div><div style="padding-left:18pt;padding-right:14.4pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:120%">The Company assumes no responsibility to update forward-looking statements made herein or otherwise.</font></div><div style="padding-left:18pt;padding-right:14.4pt"><font><br></font></div><div style="padding-left:18pt;padding-right:14.4pt"><font style="color:#0000ff;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:120%;text-decoration:underline">The Est&#233;e Lauder Companies Inc.</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:120%"> is one of the world&#8217;s leading manufacturers, marketers and sellers of quality skin care, makeup, fragrance and hair care products, and is a steward of luxury and prestige brands globally. The Company&#8217;s products are sold in approximately 150 countries and territories under brand names including&#58; Est&#233;e Lauder, Aramis, Clinique, Lab Series, Origins, M&#183;A&#183;C, La Mer, Bobbi Brown Cosmetics, Aveda, Jo Malone London, Bumble and bumble, Darphin Paris, TOM FORD, Smashbox, AERIN Beauty, Le Labo, Editions de Parfums Fr&#233;d&#233;ric Malle, GLAMGLOW, KILIAN PARIS, Too Faced, Dr.Jart+, and the DECIEM family of brands, including The Ordinary and NIOD.  </font></div><div style="padding-right:14.4pt"><font><br></font></div><div style="padding-right:14.4pt"><font><br></font></div><div style="padding-right:14.4pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:120%">ELC-F</font></div><div style="padding-right:14.4pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:120%">ELC-E</font></div><div style="padding-right:14.4pt;text-align:justify"><font><br></font></div><div style="padding-right:14.4pt;text-align:justify"><font><br></font></div><div style="padding-right:14.4pt;text-align:justify"><font><br></font></div><div style="padding-right:43.2pt;text-align:justify"><font><br></font></div><div><font><br></font></div><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:95.000%"><tr><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.234%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt;vertical-align:middle"><div><img alt="footera.jpg" src="footera.jpg" style="height:31px;margin-bottom:5pt;vertical-align:text-bottom;width:50px"></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:100%">Page 19 of <a href="#i8473bb51a7f945b7b77c54d44655144f_4" style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:100%;text-decoration:none">26</a></font></div></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="min-height:45pt;width:100%"><div style="text-align:right"><font><br></font></div></div><div style="margin-bottom:1pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:96.527%"><tr><td style="width:1.0%"></td><td style="width:40.482%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.540%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.540%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.252%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.951%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.540%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.540%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.255%"></td><td style="width:0.1%"></td></tr><tr><td colspan="24" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">CONSOLIDATED STATEMENT OF (LOSS) EARNINGS<br>(Unaudited)</font></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-bottom:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-bottom:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr style="height:21pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="6" style="background-color:#00497f;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#ffffff;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Three Months Ended <br>June 30</font></td><td colspan="3" rowspan="2" style="background-color:#00497f;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#ffffff;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Percentage Change</font></td><td colspan="3" style="border-left:1pt solid #000;padding:0 1pt"></td><td colspan="6" style="background-color:#00497f;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#ffffff;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Year Ended <br>June 30</font></td><td colspan="3" rowspan="2" style="background-color:#00497f;border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#ffffff;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Percentage Change</font></td></tr><tr style="height:21pt"><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%">($ in&#160;millions,&#160;except&#160;per&#160;share&#160;data)</font></td><td colspan="3" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2025</font></td><td colspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2024</font></td><td colspan="3" style="border-left:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2025</font></td><td colspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2024</font></td></tr><tr><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Net sales</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:5.85pt;font-weight:400;line-height:100%;position:relative;top:-3.15pt;vertical-align:baseline">(A)</font></div></td><td style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">$</font></td><td style="border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">3,411</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">$</font></td><td style="border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">3,871</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">(12)</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">%</font></td><td colspan="3" style="border-left:1pt solid #000;padding:0 1pt"></td><td style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">$</font></td><td style="border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">14,326</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">$</font></td><td style="border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">15,608</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">(8)</font></td><td style="border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">%</font></td></tr><tr><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Cost of sales</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:5.85pt;font-weight:400;line-height:100%;position:relative;top:-3.15pt;vertical-align:baseline">(A)</font></div></td><td colspan="2" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:100%">955&#160;</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,093&#160;</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(13)</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-left:1pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3,729&#160;</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4,424&#160;</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(16)</font></td><td style="border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#b3b3b3;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Gross profit</font></td><td colspan="2" style="background-color:#b3b3b3;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2,456</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#160;</font></td><td style="background-color:#b3b3b3;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="background-color:#b3b3b3;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2,778</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#160;</font></td><td style="background-color:#b3b3b3;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="background-color:#b3b3b3;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">(12)</font></td><td style="background-color:#b3b3b3;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-left:1pt solid #000;padding:0 1pt"></td><td colspan="2" style="background-color:#b3b3b3;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">10,597</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#160;</font></td><td style="background-color:#b3b3b3;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="background-color:#b3b3b3;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">11,184</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#160;</font></td><td style="background-color:#b3b3b3;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="background-color:#b3b3b3;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">(5)</font></td><td style="background-color:#b3b3b3;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-style:italic;font-weight:700;line-height:100%">Gross margin</font></td><td colspan="2" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-style:italic;font-weight:700;line-height:100%">72.0</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%">&#160;</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-style:italic;font-weight:700;line-height:100%">%</font></td><td colspan="2" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-style:italic;font-weight:700;line-height:100%">71.8</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%">&#160;</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-style:italic;font-weight:700;line-height:100%">%</font></td><td colspan="3" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-style:italic;font-weight:700;line-height:100%">74.0</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%">&#160;</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-style:italic;font-weight:700;line-height:100%">%</font></td><td colspan="2" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-style:italic;font-weight:700;line-height:100%">71.7</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%">&#160;</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-style:italic;font-weight:700;line-height:100%">%</font></td><td colspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:0 1pt"></td></tr><tr style="height:5pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Operating expenses</font></td><td colspan="3" style="border-left:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Selling, general and administrative</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:5.85pt;font-weight:400;line-height:100%;position:relative;top:-3.15pt;vertical-align:baseline">(B)</font></div></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,315&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,444&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(5)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-left:1pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:100%">9,456&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:100%">9,621&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(2)</font></td><td style="border-right:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Restructuring and other charges</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:5.85pt;font-weight:400;line-height:100%;position:relative;top:-3.15pt;vertical-align:baseline">(A)</font></div></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:100%">106&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:100%">96&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:100%">10&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-left:1pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:100%">481&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:100%">122&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100+</font></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Goodwill impairment</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:5.85pt;font-weight:400;line-height:100%;position:relative;top:-3.15pt;vertical-align:baseline">(C)</font></div></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:100%">291&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(100)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-left:1pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:100%">13&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:100%">291&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(96)</font></td><td style="border-right:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Impairment of other intangible assets</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:5.85pt;font-weight:400;line-height:100%;position:relative;top:-3.15pt;vertical-align:baseline">(C)</font></div></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:100%">425&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:100%">180&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-left:1pt solid #000;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100+</font></td><td colspan="3" style="border-left:1pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,273&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:100%">180&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100+</font></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Talcum litigation settlement agreements</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:5.85pt;font-weight:400;line-height:100%;position:relative;top:-3.15pt;vertical-align:baseline">(D)</font></div></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">&#8212;</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-left:1pt solid #000;padding:2px 13pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;</font></td><td colspan="3" style="border-left:1pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:100%">159&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;padding:2px 13pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100</font></td></tr><tr><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Total operating expenses</font></td><td colspan="2" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2,846</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">3,011</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">(5)</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-left:1pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">11,382</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">10,214</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">11</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-style:italic;font-weight:700;line-height:100%">Operating expense margin</font></td><td colspan="2" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-style:italic;font-weight:700;line-height:100%">83.4</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%">&#160;</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-style:italic;font-weight:700;line-height:100%">%</font></td><td colspan="2" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-style:italic;font-weight:700;line-height:100%">77.8</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%">&#160;</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-style:italic;font-weight:700;line-height:100%">%</font></td><td colspan="3" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-style:italic;font-weight:700;line-height:100%">79.4</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%">&#160;</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-style:italic;font-weight:700;line-height:100%">%</font></td><td colspan="2" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-style:italic;font-weight:700;line-height:100%">65.4</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%">&#160;</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-style:italic;font-weight:700;line-height:100%">%</font></td><td colspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:0 1pt"></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#b3b3b3;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Operating (loss) income</font></td><td colspan="2" style="background-color:#b3b3b3;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">(390)</font></td><td style="background-color:#b3b3b3;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="background-color:#b3b3b3;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">(233)</font></td><td style="background-color:#b3b3b3;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="background-color:#b3b3b3;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">(67)</font></td><td style="background-color:#b3b3b3;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-left:1pt solid #000;padding:0 1pt"></td><td colspan="2" style="background-color:#b3b3b3;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">(785)</font></td><td style="background-color:#b3b3b3;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="background-color:#b3b3b3;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">970</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#160;</font></td><td style="background-color:#b3b3b3;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#b3b3b3;border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">(100+)</font></td></tr><tr><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-style:italic;font-weight:700;line-height:100%">Operating (loss) income margin</font></td><td colspan="2" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-style:italic;font-weight:700;line-height:100%">(11.4)</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-style:italic;font-weight:700;line-height:100%">%</font></td><td colspan="2" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-style:italic;font-weight:700;line-height:100%">(6.0)</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-style:italic;font-weight:700;line-height:100%">%</font></td><td colspan="3" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-style:italic;font-weight:700;line-height:100%">(5.5)</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-style:italic;font-weight:700;line-height:100%">%</font></td><td colspan="2" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-style:italic;font-weight:700;line-height:100%">6.2</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%">&#160;</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-style:italic;font-weight:700;line-height:100%">%</font></td><td colspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:0 1pt"></td></tr><tr style="height:5pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Interest expense</font></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:100%">88&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:100%">91&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(3)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-left:1pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:100%">357&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:100%">378&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(6)</font></td><td style="border-right:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Interest income and investment income, net</font></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:100%">29&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:100%">41&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(29)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-left:1pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:100%">114&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:100%">167&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(32)</font></td><td style="border-right:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Other components of net periodic benefit cost</font></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(4)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-left:1pt solid #000;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100+</font></td><td colspan="3" style="border-left:1pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:100%">12&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(13)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100+</font></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">(Loss) earnings before income taxes</font></td><td colspan="2" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">(451)</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">(279)</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">(62)</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-left:1pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">(1,040)</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">772</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">(100+)</font></td></tr><tr><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Provision for income taxes</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:5.85pt;font-weight:400;line-height:100%;position:relative;top:-3.15pt;vertical-align:baseline">(E)</font></div></td><td colspan="2" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:100%">95&#160;</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:100%">7&#160;</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100+</font></td><td colspan="3" style="border-left:1pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:100%">93&#160;</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:100%">363&#160;</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(74)</font></td><td style="border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#b6b6b6;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Net (loss) earnings</font></td><td colspan="2" style="background-color:#b6b6b6;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">(546)</font></td><td style="background-color:#b6b6b6;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="background-color:#b6b6b6;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">(286)</font></td><td style="background-color:#b6b6b6;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="background-color:#b3b3b3;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">(91)</font></td><td style="background-color:#b3b3b3;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-left:1pt solid #000;padding:0 1pt"></td><td colspan="2" style="background-color:#b6b6b6;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">(1,133)</font></td><td style="background-color:#b6b6b6;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="background-color:#b6b6b6;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">409</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#160;</font></td><td style="background-color:#b6b6b6;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#b6b6b6;border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">(100+)</font></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net loss (earnings) attributable to redeemable noncontrolling interest</font></div></td><td colspan="2" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2&#160;</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(100)</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-left:1pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(19)</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 13pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100</font></td></tr><tr><td colspan="3" style="background-color:#b6b6b6;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Net (loss) earnings attributable to The Est&#233;e Lauder Companies Inc.</font></td><td style="background-color:#b6b6b6;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">$</font></td><td style="background-color:#b6b6b6;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">(546)</font></td><td style="background-color:#b6b6b6;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td style="background-color:#b6b6b6;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">$</font></td><td style="background-color:#b6b6b6;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">(284)</font></td><td style="background-color:#b6b6b6;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="background-color:#b6b6b6;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">(92)</font></td><td style="background-color:#b6b6b6;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">%</font></td><td colspan="3" style="border-left:1pt solid #000;padding:0 1pt"></td><td style="background-color:#b6b6b6;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">$</font></td><td style="background-color:#b6b6b6;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">(1,133)</font></td><td style="background-color:#b6b6b6;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td style="background-color:#b6b6b6;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">$</font></td><td style="background-color:#b6b6b6;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">390</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#160;</font></td><td style="background-color:#b6b6b6;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#b6b6b6;border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">(100+)%</font></td></tr><tr style="height:5pt"><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#b6b6b6;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Net (loss) earnings attributable to The Est&#233;e Lauder Companies Inc. per common share</font></td><td colspan="3" style="border-left:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Basic</font></td><td style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">$</font></td><td style="padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">(1.51)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">$</font></td><td style="padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">(.79)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">(92)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">%</font></td><td colspan="3" style="border-left:1pt solid #000;padding:0 1pt"></td><td style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">$</font></td><td style="padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">(3.15)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">$</font></td><td style="padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">1.09</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">(100+)%</font></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Diluted</font></td><td style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">$</font></td><td style="padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">(1.51)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">$</font></td><td style="padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">(.79)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">(92)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">%</font></td><td colspan="3" style="border-left:1pt solid #000;padding:0 1pt"></td><td style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">$</font></td><td style="padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">(3.15)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">$</font></td><td style="padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">1.08</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">(100+)%</font></td></tr><tr style="height:5pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Weighted-average common shares outstanding</font></td><td colspan="3" style="border-left:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Basic</font></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">360.7</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">359.4</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-left:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">360.1</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">359.0</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Diluted</font></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">360.7</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">359.4</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-left:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">360.1</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">360.8</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;padding:0 1pt"></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"></td></tr></table></div><div style="margin-bottom:6pt;text-indent:9pt"><font><br></font></div><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:95.000%"><tr><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.234%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt;vertical-align:middle"><div><img alt="footera.jpg" src="footera.jpg" style="height:31px;margin-bottom:5pt;vertical-align:text-bottom;width:50px"></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:100%">Page 20 of <a href="#i8473bb51a7f945b7b77c54d44655144f_4" style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:100%;text-decoration:none">26</a></font></div></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="min-height:45pt;width:100%"><div style="text-align:right"><font><br></font></div></div><div style="margin-bottom:1pt;padding-left:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:96.527%"><tr><td style="width:1.0%"></td><td style="width:18.900%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:18.900%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:18.900%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:18.900%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:18.900%"></td><td style="width:0.1%"></td></tr><tr><td colspan="15" style="padding:2px 1pt;text-align:left;vertical-align:top"><div><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:5.2pt;font-weight:400;line-height:115%;position:relative;top:-2.8pt;vertical-align:baseline">(A) </font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:115%">Included in net sales, cost of sales and restructuring and other charges are the impacts of returns and charges associated with the restructuring program component of the PRGP and the Post-COVID Business Acceleration Program (the &#8220;PCBA Program&#8221;).</font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:115%">As a component of the PRGP, communicated on November 1, 2023, on February 5, 2024, the Company announced a two-year restructuring program. The restructuring program&#8217;s main focus included the reorganization and rightsizing of certain areas of the Company&#8217;s business as well as simplification and acceleration of processes. The Company planned to substantially complete specific initiatives under the restructuring program through fiscal 2026. The Company expected that the restructuring program would result in restructuring and other charges totaling between $500 million and $700 million, before taxes, consisting of employee-related costs, asset-related costs, contract terminations and other costs associated with implementing these initiatives. </font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:115%">After reviewing additional potential initiatives and the progress of previously approved initiatives, on February 3, 2025, the Company committed to the expansion of the PRGP, including an expansion of the restructuring program. </font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:115%">The expanded component of the restructuring program began during the Company&#8217;s fiscal 2025 third quarter with all initiatives to be approved by the end of fiscal 2026. Specific initiatives under the expanded component of the restructuring program are expected to be substantially completed by the end of fiscal 2027. The now expanded restructuring program&#8217;s focus includes (i) reorganization and rightsizing of certain areas and (ii) simplification and acceleration of processes, along with the newly added focus on (i) outsourcing of select services and (ii) evolution of go-to-market footprint and selling models. </font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:115%">The Company expects that the restructuring program will result in restructuring and other charges totaling between $1.2 billion and $1.6 billion, before taxes, consisting of employee-related costs, asset-related costs, contract terminations and other costs associated with implementing these initiatives.</font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:115%">Under the PCBA Program, the Company approved specific initiatives through fiscal 2022 and has substantially completed those initiatives through fiscal 2023. Additional information about the PCBA Program is included in the notes to consolidated financial statements in the Company&#8217;s Annual Report on Form 10-K for the fiscal year ended June 30, 2024.</font></div></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="15" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">(B) </font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">For the three and twelve months ended June 30, 2024, the Company recorded $15&#160;million ($11 million, less the portion attributable to redeemable noncontrolling interest and net of tax, or $.03 per common share) and $23 million ($18 million, less the portion attributable to redeemable noncontrolling interest and net of tax, or $.05 per common share), respectively, of expense related to the change in fair value of DECIEM acquisition-related stock options inclusive of payroll tax.</font></div></td></tr><tr style="height:3pt"><td colspan="15" style="padding:0 1pt"></td></tr><tr><td colspan="15" style="padding:2px 1pt;text-align:left;vertical-align:top"><div><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">(C)</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> During the fiscal 2025 second quarter, the TOM FORD brand experienced lower-than-expected growth within key geographic regions and channels, including in mainland China, Asia travel retail and Hong Kong SAR. Also during the fiscal 2025 second quarter, the Too Faced reporting unit experienced lower-than-expected results in key geographic regions and channels. As a result, the Company made revisions to the internal forecasts relating to its TOM FORD brand and Too Faced reporting unit. Additionally, there were increases in the weighted average cost of capital for both the TOM FORD brand and Too Faced reporting unit as compared to the prior-year annual goodwill and other indefinite-lived intangible asset impairment testing as of April 1, 2024. The Company concluded that the changes in circumstances in the TOM FORD brand and Too Faced reporting unit, along with increases in the weighted average cost of capital, triggered the need for interim impairment reviews of the TOM FORD trademark and the Too Faced trademark and goodwill. These changes in circumstances were also an indicator that the carrying amounts of Too Faced&#8217;s long-lived assets, including customer lists, may not be recoverable. After performing the relevant impairment assessments, the Company recorded $773 million and $75 million of trademark intangible asset impairment charges for TOM FORD and Too Faced, respectively, as well as a $13 million goodwill impairment charge related to Too Faced. </font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Based on the Company&#8217;s annual goodwill and other indefinite-lived intangible asset impairment testing as of April 1, 2025, the Company determined that the carrying value of the Dr.Jart+ and Too Faced trademarks exceeded their estimated fair values. As it relates to Dr.Jart+, a decision was made in the prior year in the reporting unit&#8217;s operating plan to exit the travel retail channel. A revised strategy was implemented that included increased direct investment in other areas of the business, including in mainland China, to support the brand&#8217;s future growth. However, given the lower-than-expected growth within key geographic regions in fiscal 2025, specifically within mainland China and Korea, it was determined that revisions to the internal forecasts were necessary which were finalized and approved in the fiscal 2025 fourth quarter in connection with the brand&#8217;s annual planning process, and reflected in the goodwill and other indefinite-lived intangible asset impairment testing as of April 1, 2025. The Too Faced reporting unit continued to experience lower-than-expected results in key geographic regions and channels and as such, it was determined that revisions to the internal forecasts were necessary. These changes in circumstances were also indicators that the carrying amounts of their respective long-lived assets, including customer lists, may not be recoverable. After performing the relevant impairment assessments, the Company recorded $83 million and $50 million of trademark intangible asset impairment charges for Dr.Jart+ and Too Faced, respectively, and a $292 million impairment charge related to the customer list intangible asset for Dr.Jart+.</font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">For the three months ended June 30, 2025, other intangible asset impairment charges were $425 million ($327 million, net of tax), with a combined impact of $.89 per common share. For the twelve months ended June 30, 2025, goodwill impairment charges were $13 million and other intangible asset impairment charges were $1,273 million (combined $1,001 million, net of tax), with a combined impact of $2.78 per common share.</font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Based on the Company&#8217;s annual goodwill and other indefinite-lived intangible asset impairment testing as of April 1, 2024, the Company determined that the carrying value of the Dr.Jart+ reporting unit and trademark exceeded their estimated fair values. Given the lower-than-expected growth within key geographic regions, the reporting unit has made a strategic shift in its operating plan to exit the travel retail channel. This revised strategy also includes increased direct investment in other areas of the business, including in mainland China, to support the brand&#8217;s future growth. As a result of these changes in strategy, the Company made revisions to the internal forecasts relating to the Dr.Jart+ reporting unit which were finalized and approved in the fiscal 2024 fourth quarter, and reflected in the goodwill and other indefinite-lived intangible asset impairment testing as of April 1, 2024. These changes in circumstances were also indicators that the carrying amounts of its respective long-lived assets may not be recoverable. After performing the relevant impairment assessments, the Company recorded a goodwill impairment charge of $291 million and a trademark intangible asset impairment charge of $180 million related to Dr.Jart+ (combined $430 million, net of tax), with a combined impact of $1.19 per common share, for the three and twelve months ended June 30, 2024.</font></div></td></tr></table></div><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:95.000%"><tr><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.234%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt;vertical-align:middle"><div><img alt="footera.jpg" src="footera.jpg" style="height:31px;margin-bottom:5pt;vertical-align:text-bottom;width:50px"></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:100%">Page 21 of <a href="#i8473bb51a7f945b7b77c54d44655144f_4" style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:100%;text-decoration:none">26</a></font></div></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="min-height:45pt;width:100%"><div style="text-align:right"><font><br></font></div></div><div style="margin-bottom:1pt;padding-left:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:96.527%"><tr><td style="width:1.0%"></td><td style="width:18.900%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:18.900%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:18.900%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:18.900%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:18.900%"></td><td style="width:0.1%"></td></tr><tr><td colspan="15" style="padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-top:2pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">(D) </font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">From the end of August 2024 through October 2024, the Company reached agreements with certain plaintiff law firms (collectively, the &#8220;talcum litigation settlement agreements&#8221;) for&#58; (i) the resolution of pending cosmetic talcum powder matters handled by those firms as well as (ii) a process for resolving potential future cosmetic talcum powder claims expected to be brought on behalf of plaintiffs by those firms from January 1, 2025 through December 31, 2029, with annual capped amounts per year for each participating law firm. To account for the talcum litigation settlement agreements, the Company recorded a charge of $159 million in the fiscal 2025 first quarter for the amount agreed to settle the current claims and an estimated amount for potential future claims. </font></div></td></tr><tr><td colspan="15" style="padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-top:2pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">(E) </font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">During fiscal 2025, the Company established a U.S. valuation allowance of $172 million against general foreign tax credit and research and development tax credit carryforwards as it was determined more-likely-than-not that these deferred tax assets would not be realized. This determination was driven by the Company&#8217;s weighing of relevant evidence including lower U.S. taxable income in fiscal 2025 as compared to recent years, reflecting reduced income from its travel retail business, and the resulting uncertainty about the ability to realize the carryforwards prior to expiration.</font></div></td></tr></table></div><div style="margin-bottom:6pt;padding-left:9pt;padding-right:36.9pt;text-align:justify"><font><br></font></div><div style="padding-right:36.9pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:120%">This earnings release includes some non-GAAP financial measures relating to charges associated with restructuring and other activities and adjustments, as well as organic net sales. Included herein are reconciliations between the non-GAAP financial measures and the most directly comparable GAAP measures for certain consolidated statements of (loss) earnings accounts before and after these items. The Company uses certain non-GAAP financial measures, among other financial measures, to evaluate its operating performance, which represent the manner in which the Company conducts and views its business. Management believes that excluding certain items that are not comparable from period-to-period, or do not reflect the Company&#8217;s underlying ongoing business, provides transparency for such items and helps investors and others compare and analyze operating performance from period-to-period. In the future, the Company expects to incur charges or adjustments similar in nature to those presented herein&#59; however, the impact to the Company&#8217;s results in a given period may be highly variable and difficult to predict. The Company&#8217;s non-GAAP financial measures may not be comparable to similarly titled measures used by, or determined in a manner consistent with, other companies. While the Company considers the non-GAAP measures useful in analyzing its results, they are not intended to replace, or act as a substitute for, any presentation included in the consolidated financial statements prepared in conformity with U.S. GAAP.</font></div><div style="padding-right:7.2pt"><font><br></font></div><div style="padding-right:36.9pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company operates on a global basis, with the majority of its net sales generated outside the United States. Accordingly, fluctuations in foreign currency exchange rates can affect the Company&#8217;s results of operations. Therefore, the Company presents certain net sales, operating results, provision for income taxes and diluted net (loss) earnings per common share information excluding the effect of foreign currency rate fluctuations to provide a framework for assessing the performance of its underlying business outside the United States. Constant currency information compares results between periods as if exchange rates had remained constant period-over-period. The Company calculates constant currency information by translating current-period results using prior-year period monthly average foreign currency exchange rates and adjusting for the period-over-period impact of foreign currency cash flow hedging activities.  </font></div><div style="padding-right:7.2pt"><font><br></font></div><div style="padding-right:7.2pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:96.527%"><tr><td style="width:1.0%"></td><td style="width:42.497%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.828%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.540%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.676%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.828%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.540%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.391%"></td><td style="width:0.1%"></td></tr><tr><td colspan="21" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Reconciliation between GAAP and Non-GAAP Net Sales</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">(Unaudited) </font></div></td></tr><tr style="height:21pt"><td colspan="3" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:0 1pt"></td><td colspan="6" style="background-color:#00497f;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><font style="color:#ffffff;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Three Months Ended</font></div><div style="text-align:center"><font style="color:#ffffff;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:700;line-height:100%">June&#160;30</font></div></td><td colspan="3" rowspan="2" style="background-color:#00497f;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="text-align:center"><font style="color:#ffffff;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Percentage</font></div><div style="text-align:center"><font style="color:#ffffff;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Change</font></div></td><td colspan="6" style="background-color:#00497f;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><font style="color:#ffffff;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Twelve Months Ended</font></div><div style="text-align:center"><font style="color:#ffffff;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:700;line-height:100%">&#160;June&#160;30</font></div></td><td colspan="3" rowspan="2" style="background-color:#00497f;border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="text-align:center"><font style="color:#ffffff;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Percentage</font></div><div style="text-align:center"><font style="color:#ffffff;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Change</font></div></td></tr><tr style="height:18pt"><td colspan="3" style="border-left:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">($ in millions)</font></div></td><td colspan="3" style="background-color:#00497f;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#ffffff;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2025</font></td><td colspan="3" style="background-color:#00497f;border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#ffffff;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2024</font></td><td colspan="3" style="background-color:#00497f;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#ffffff;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2025</font></td><td colspan="3" style="background-color:#00497f;border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#ffffff;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2024</font></td></tr><tr><td colspan="3" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Net Sales</font></td><td style="border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:700;line-height:100%">$</font></td><td style="border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:700;line-height:100%">3,411</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td style="border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:700;line-height:100%">$</font></td><td style="border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:700;line-height:100%">3,871</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="2" style="border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(12)</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:700;line-height:100%">%</font></td><td style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:700;line-height:100%">$</font></td><td style="border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:700;line-height:100%">14,326</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td style="border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:700;line-height:100%">$</font></td><td style="border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:700;line-height:100%">15,608</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="2" style="border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(8)</font></td><td style="border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:700;line-height:100%">%</font></td></tr><tr><td colspan="3" style="border-left:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%;text-decoration:underline">Non-GAAP Adjustments</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-right:1pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-left:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Returns associated with restructuring and other activities</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(3)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(3)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="border-right:1pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-left:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Adjusted Net Sales, Non-GAAP</font></td><td colspan="2" style="border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3,408&#160;</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="2" style="border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3,871&#160;</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">14,323&#160;</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="2" style="border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">15,609&#160;</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="border-right:1pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-left:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Impact of foreign currency translation</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(27)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#ffffff;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(1%)</font></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">28&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="border-right:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#ffffff;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(1%)</font></td></tr><tr><td colspan="3" style="border-left:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><div><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Organic Net Sales, Non-GAAP</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">1</font></div></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3,381&#160;</font></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3,871&#160;</font></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="2" style="border-bottom:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(13)</font></td><td style="border-bottom:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%</font></td><td style="border-bottom:1pt solid #000;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">14,351&#160;</font></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">15,609&#160;</font></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="2" style="border-bottom:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(8)</font></td><td style="border-bottom:1pt solid #000;border-right:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%</font></td></tr><tr><td colspan="21" style="border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><div><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:5.2pt;font-style:italic;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">1</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">Organic net sales represents net sales excluding returns associated with restructuring and other activities&#59; non-comparable impacts of acquisitions, divestitures and brand closures&#59; as well as the impact from foreign currency translation. The Company believes that the Non-GAAP measure of organic net sales growth provides year-over-year sales comparisons on a consistent basis. </font></div></td></tr></table></div><div style="padding-right:23.4pt"><font><br></font></div><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:95.000%"><tr><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.234%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt;vertical-align:middle"><div><img alt="footera.jpg" src="footera.jpg" style="height:31px;margin-bottom:5pt;vertical-align:text-bottom;width:50px"></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:100%">Page 22 of <a href="#i8473bb51a7f945b7b77c54d44655144f_4" style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:100%;text-decoration:none">26</a></font></div></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="min-height:45pt;width:100%"><div style="text-align:right"><font><br></font></div></div><div style="padding-right:23.4pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:96.805%"><tr><td style="width:1.0%"></td><td style="width:42.658%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.799%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.512%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.651%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.799%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.512%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.369%"></td><td style="width:0.1%"></td></tr><tr><td colspan="21" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Reconciliation of Certain Consolidated Statements of (Loss) Earnings Accounts</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Before and After Returns, Charges and Other Adjustments </font></div><div style="text-align:center"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-weight:700;line-height:100%">(Unaudited)</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:5.85pt;font-weight:700;line-height:100%;position:relative;top:-3.15pt;vertical-align:baseline">1</font></div></td></tr><tr style="height:21pt"><td colspan="3" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:0 1pt"></td><td colspan="6" style="background-color:#00497f;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><font style="color:#ffffff;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Three Months Ended</font></div><div style="text-align:center"><font style="color:#ffffff;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:700;line-height:100%">June&#160;30</font></div></td><td colspan="3" rowspan="2" style="background-color:#00497f;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="text-align:center"><font style="color:#ffffff;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Percentage</font></div><div style="text-align:center"><font style="color:#ffffff;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Change</font></div></td><td colspan="6" style="background-color:#00497f;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><font style="color:#ffffff;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Twelve Months Ended</font></div><div style="text-align:center"><font style="color:#ffffff;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:700;line-height:100%">June&#160;30</font></div></td><td colspan="3" rowspan="2" style="background-color:#00497f;border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="text-align:center"><font style="color:#ffffff;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Percentage</font></div><div style="text-align:center"><font style="color:#ffffff;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Change</font></div></td></tr><tr style="height:18pt"><td colspan="3" style="border-left:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">($ in millions, except per share data)</font></td><td colspan="3" style="background-color:#00497f;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#ffffff;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2025</font></td><td colspan="3" style="background-color:#00497f;border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#ffffff;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2024</font></td><td colspan="3" style="background-color:#00497f;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#ffffff;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2025</font></td><td colspan="3" style="background-color:#00497f;border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#ffffff;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2024</font></td></tr><tr><td colspan="3" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Gross Profit</font></td><td style="border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:700;line-height:100%">$</font></td><td style="border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2,456</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td style="border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:700;line-height:100%">$</font></td><td style="border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2,778</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="2" style="border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(12)</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:700;line-height:100%">%</font></td><td style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:700;line-height:100%">$</font></td><td style="border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:700;line-height:100%">10,597</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td style="border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:700;line-height:100%">$</font></td><td style="border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:700;line-height:100%">11,184</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="2" style="border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(5)</font></td><td style="border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:700;line-height:100%">%</font></td></tr><tr><td colspan="3" style="border-left:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%;text-decoration:underline">Non-GAAP Adjustments</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-right:1pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-left:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Restructuring and other activities</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(4)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">5&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="border-right:1pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-left:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Adjusted Gross Profit, Non-GAAP</font></td><td style="border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td><td style="border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,452&#160;</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td style="border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td><td style="border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,778&#160;</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(12)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%</font></td><td style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td><td style="border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">10,602&#160;</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td style="border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td><td style="border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">11,186&#160;</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(5)</font></td><td style="border-right:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%</font></td></tr><tr style="height:8pt"><td colspan="3" style="border-left:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-right:1pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-left:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Gross Margin</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:700;line-height:100%">72.0</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:700;line-height:100%">%</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:700;line-height:100%">71.8</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:700;line-height:100%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:700;line-height:100%">74.0</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:700;line-height:100%">%</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:700;line-height:100%">71.7</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:700;line-height:100%">%</font></td><td colspan="3" style="border-right:1pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-left:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%;text-decoration:underline">Non-GAAP Adjustments</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-right:1pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-left:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Restructuring and other activities</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(0.1)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="border-right:1pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-left:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Adjusted Gross Margin, Non-GAAP</font></td><td colspan="2" style="border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">71.9&#160;</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%</font></td><td colspan="2" style="border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">71.8&#160;</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">74.0&#160;</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%</font></td><td colspan="2" style="border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">71.7&#160;</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="border-right:1pt solid #000;padding:0 1pt"></td></tr><tr style="height:6pt"><td colspan="3" style="border-left:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-right:1pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-left:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Operating (Loss) Income</font></td><td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:700;line-height:100%">$</font></td><td style="padding:2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(390)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:700;line-height:100%">$</font></td><td style="padding:2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(233)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(67)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:700;line-height:100%">%</font></td><td style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:700;line-height:100%">$</font></td><td style="padding:2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(785)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:700;line-height:100%">$</font></td><td style="padding:2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:700;line-height:100%">970</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="border-right:1pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(100+)%</font></td></tr><tr><td colspan="3" style="border-left:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%;text-decoration:underline">Non-GAAP Adjustments</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-right:1pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-left:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Restructuring and other charges</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">102&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">96&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">486&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">124&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="border-right:1pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-left:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Goodwill and other intangible asset impairments </font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">425&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">471&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,286&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">471&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="border-right:1pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-left:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Talcum litigation settlement agreements</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">159&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Calibri',sans-serif;font-size:12pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="border-right:1pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-left:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Change in fair value of DECIEM acquisition-related stock options</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">15&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">23&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="border-right:1pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-left:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Adjusted Operating Income, Non-GAAP</font></td><td style="border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td><td style="border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">137&#160;</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td style="border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td><td style="border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">349&#160;</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(61)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%</font></td><td style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td><td style="border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,146&#160;</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td style="border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td><td style="border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,588&#160;</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(28)</font></td><td style="border-right:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%</font></td></tr><tr style="height:6pt"><td colspan="3" style="border-left:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-right:1pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-left:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Operating Margin</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(11.4)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:700;line-height:100%">%</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(6.0)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:700;line-height:100%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(5.5)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:700;line-height:100%">%</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:700;line-height:100%">6.2</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:700;line-height:100%">%</font></td><td colspan="3" style="border-right:1pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-left:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%;text-decoration:underline">Non-GAAP Adjustments</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-right:1pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-left:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Restructuring and other charges</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3.0&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2.5&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3.4&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">0.8&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="border-right:1pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-left:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Goodwill and other intangible asset impairments </font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">12.5&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">12.2&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">9.0&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3.0&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="border-right:1pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-left:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Talcum litigation settlement agreements</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1.1&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="border-right:1pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-left:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Change in fair value of DECIEM acquisition-related stock options</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">0.4&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">0.1&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="border-right:1pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-left:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Adjusted Operating Margin, Non-GAAP</font></td><td colspan="2" style="border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">4.0&#160;</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%</font></td><td colspan="2" style="border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">9.0&#160;</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">8.0&#160;</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%</font></td><td colspan="2" style="border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">10.2&#160;</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="border-right:1pt solid #000;padding:0 1pt"></td></tr><tr style="height:6pt"><td colspan="3" style="border-left:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-right:1pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-left:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Provision for Income Taxes</font></td><td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:700;line-height:100%">$</font></td><td style="padding:2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:700;line-height:100%">95</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:700;line-height:100%">$</font></td><td style="padding:2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:700;line-height:100%">7</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:700;line-height:100%">100+%</font></td><td style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:700;line-height:100%">$</font></td><td style="padding:2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:700;line-height:100%">93</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:700;line-height:100%">$</font></td><td style="padding:2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:700;line-height:100%">363</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(74)</font></td><td style="border-right:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:700;line-height:100%">%</font></td></tr><tr><td colspan="3" style="border-left:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Effective Tax Rate (&#34;ETR&#34;)</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(21.1)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:700;line-height:100%">%</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(2.5)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:700;line-height:100%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(8.9)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:700;line-height:100%">%</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:700;line-height:100%">47.0</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:700;line-height:100%">%</font></td><td colspan="3" style="border-right:1pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-left:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%;text-decoration:underline">Tax Impact on Non-GAAP adjustments</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-right:1pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-left:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Restructuring and other charges</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">21&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">21&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">105&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">27&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="border-right:1pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-left:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Goodwill and other intangible asset impairments </font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">98&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">41&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">285&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">41&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="border-right:1pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-left:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><div><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">U.S. deferred tax asset valuation allowance adjustment</font></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(172)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(172)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="border-right:1pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-left:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Talcum litigation settlement agreements</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">35&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="border-right:1pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-left:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Adjusted Provision for Income Taxes, Non-GAAP</font></td><td style="border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td><td style="border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">42&#160;</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td style="border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td><td style="border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">69&#160;</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td><td style="border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">346&#160;</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td style="border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td><td style="border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">431&#160;</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="border-right:1pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-left:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Adjusted ETR, Non-GAAP</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">55.3&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">22.8&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">38.8&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">31.0&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="border-right:1pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:5pt"><td colspan="3" style="border-left:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-right:1pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-left:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Diluted Net (Loss) Earnings Per Common Share</font></td><td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:700;line-height:100%">$</font></td><td style="padding:2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(1.51)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:700;line-height:100%">$</font></td><td style="padding:2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(.79)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(92)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:700;line-height:100%">%</font></td><td style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:700;line-height:100%">$</font></td><td style="padding:2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(3.15)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:700;line-height:100%">$</font></td><td style="padding:2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1.08</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="border-right:1pt solid #000;padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(100+)%</font></td></tr><tr><td colspan="3" style="border-left:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%;text-decoration:underline">Non-GAAP Adjustments</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-right:1pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-left:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Restructuring and other charges</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">.23&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">.21&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1.06&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">.27&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="border-right:1pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-left:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Goodwill and other intangible asset impairments </font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">.89&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1.19&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2.78&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1.19&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="border-right:1pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-left:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><div><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">U.S. deferred tax asset valuation allowance adjustment</font></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">.48&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">.48&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="border-right:1pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-left:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Talcum litigation settlement agreements</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">.34&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="border-right:1pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-left:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Change in fair value of DECIEM acquisition-related stock options (less the portion attributable to redeemable noncontrolling interest)</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">.03&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">.05&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-right:1pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-left:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><div><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Adjusted Diluted Net Earnings Per Common Share, Non-GAAP</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">2</font></div></td><td style="border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td><td style="border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">.09&#160;</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td style="border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td><td style="border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">.64&#160;</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(85)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%</font></td><td style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td><td style="border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1.51&#160;</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td style="border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td><td style="border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2.59&#160;</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(42)</font></td><td style="border-right:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%</font></td></tr><tr><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><div><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:5.2pt;font-style:italic;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">1</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">Percentages are calculated on an individual basis.</font></div></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="21" style="padding:2px 1pt;text-align:left;vertical-align:top"><div><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:5.2pt;font-style:italic;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">2</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">For the three and twelve months ended June 30, 2025 the effects of potentially dilutive stock options, performance share units, and restricted stock units of approximately 1.2 million shares were excluded from the computation of As Reported and adjustments to Non-GAAP diluted loss per common share as they were anti-dilutive due to the net loss incurred during the periods. These shares were added to the weighted-average common shares outstanding to calculate Non-GAAP diluted earnings per common share.</font></div></td></tr></table></div><div style="margin-bottom:1pt"><font><br></font></div><div><font><br></font></div><div><font><br></font></div><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:95.000%"><tr><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.234%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt;vertical-align:middle"><div><img alt="footera.jpg" src="footera.jpg" style="height:31px;margin-bottom:5pt;vertical-align:text-bottom;width:50px"></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:100%">Page 23 of <a href="#i8473bb51a7f945b7b77c54d44655144f_4" style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:100%;text-decoration:none">26</a></font></div></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="min-height:45pt;width:100%"><div style="text-align:right"><font><br></font></div></div><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:92.500%"><tr><td style="width:1.0%"></td><td style="width:72.924%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.113%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.663%"></td><td style="width:0.1%"></td></tr><tr><td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">CONDENSED CONSOLIDATED BALANCE SHEETS<br>(Unaudited, except where noted)</font></td></tr><tr style="height:15pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr style="height:26pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" rowspan="2" style="background-color:#00497f;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#ffffff;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">June 30, 2025</font></td><td colspan="3" style="background-color:#00497f;border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#ffffff;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">June 30, 2024</font></td></tr><tr style="height:15pt"><td colspan="3" style="border-right:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%">($ in millions)</font></td><td colspan="3" style="background-color:#00497f;border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #ffffff;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#ffffff;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:100%">(Audited)</font></td></tr><tr><td colspan="3" style="background-color:#00497f;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#ffffff;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">ASSETS</font></td><td colspan="3" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:0 1pt"></td></tr><tr style="height:6pt"><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Cash and cash equivalents</font></td><td style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,921&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,395&#160;</font></td><td style="border-right:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Accounts receivable, net</font></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,530&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,727&#160;</font></td><td style="border-right:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Inventory and promotional merchandise</font></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,074&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,175&#160;</font></td><td style="border-right:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Prepaid expenses and other current assets</font></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">544&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">625&#160;</font></td><td style="border-right:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#b3b3b3;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Total current assets</font></td><td colspan="2" style="background-color:#b3b3b3;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">7,069</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</font></td><td style="background-color:#b3b3b3;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="background-color:#b3b3b3;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">7,922</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</font></td><td style="background-color:#b3b3b3;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Property, plant and equipment, net</font></td><td colspan="2" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,172&#160;</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,136&#160;</font></td><td style="border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Operating lease right-of-use assets</font></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,952&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,833&#160;</font></td><td style="border-right:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Other assets</font></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">7,699&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">8,786&#160;</font></td><td style="border-right:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#b3b3b3;border-top:1pt solid #000;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Total assets</font></td><td style="background-color:#b3b3b3;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">$</font></td><td style="background-color:#b3b3b3;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">19,892</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</font></td><td style="background-color:#b3b3b3;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td style="background-color:#b3b3b3;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">$</font></td><td style="background-color:#b3b3b3;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">21,677</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</font></td><td style="background-color:#b3b3b3;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:15pt"><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#00497f;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#ffffff;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">LIABILITIES AND EQUITY</font></td><td colspan="3" style="border-left:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;padding:0 1pt"></td></tr><tr style="height:6pt"><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Current debt</font></td><td style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">504&#160;</font></td><td style="border-right:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Accounts payable</font></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,497&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,440&#160;</font></td><td style="border-right:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Operating lease liabilities</font></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">406&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">354&#160;</font></td><td style="border-right:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Other accrued liabilities</font></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,529&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,404&#160;</font></td><td style="border-right:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#b3b3b3;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Total current liabilities</font></td><td colspan="2" style="background-color:#b3b3b3;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">5,435</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</font></td><td style="background-color:#b3b3b3;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="background-color:#b3b3b3;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">5,702</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</font></td><td style="background-color:#b3b3b3;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Long-term debt</font></td><td colspan="2" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">7,314&#160;</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">7,267&#160;</font></td><td style="border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Long-term operating lease liabilities</font></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,744&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,701&#160;</font></td><td style="border-right:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Other noncurrent liabilities</font></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,534&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,693&#160;</font></td><td style="border-right:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#b3b3b3;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Total noncurrent liabilities</font></td><td colspan="2" style="background-color:#b3b3b3;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">10,592</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</font></td><td style="background-color:#b3b3b3;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="background-color:#b3b3b3;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">10,661</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</font></td><td style="background-color:#b3b3b3;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#b3b3b3;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Total equity</font></td><td colspan="2" style="background-color:#b3b3b3;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">3,865</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</font></td><td style="background-color:#b3b3b3;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="background-color:#b3b3b3;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">5,314</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</font></td><td style="background-color:#b3b3b3;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#b3b3b3;border-top:1pt solid #000;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Total liabilities and equity</font></td><td style="background-color:#b3b3b3;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">$</font></td><td style="background-color:#b3b3b3;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">19,892</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</font></td><td style="background-color:#b3b3b3;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td style="background-color:#b3b3b3;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">$</font></td><td style="background-color:#b3b3b3;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">21,677</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</font></td><td style="background-color:#b3b3b3;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:3pt"><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"></td></tr></table></div><div><font><br></font></div><div style="text-indent:9pt"><font><br></font></div><div style="text-align:center"><font><br></font></div><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:95.000%"><tr><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.234%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt;vertical-align:middle"><div><img alt="footera.jpg" src="footera.jpg" style="height:31px;margin-bottom:5pt;vertical-align:text-bottom;width:50px"></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:100%">Page 24 of <a href="#i8473bb51a7f945b7b77c54d44655144f_4" style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:100%;text-decoration:none">26</a></font></div></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="min-height:45pt;width:100%"><div style="text-align:right"><font><br></font></div></div><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:90.555%"><tr><td style="width:1.0%"></td><td style="width:71.139%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.623%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.938%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">SELECT CASH FLOW DATA<br>(Unaudited, except where noted)</font></td><td colspan="3" style="display:none"></td></tr><tr style="height:15pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-bottom:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="6" style="background-color:#00497f;border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#ffffff;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Twelve Months Ended <br>June 30</font></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%">($ in millions)</font></td><td colspan="3" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2025</font></td><td colspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="text-align:center"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2024</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-style:italic;font-weight:700;line-height:100%">(Audited)</font></div></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net (loss) earnings</font></td><td style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(1,133)</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">409&#160;</font></td><td style="border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Adjustments to reconcile net (loss) earnings to net cash flows from operating activities&#58;</font></div></td><td colspan="3" style="border-left:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Depreciation and amortization</font></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">829&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">825&#160;</font></td><td style="border-right:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Deferred income taxes</font></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(396)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(265)</font></td><td style="border-right:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Impairment of goodwill and other intangible assets</font></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,286&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">471&#160;</font></td><td style="border-right:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Other items</font></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">337&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">289&#160;</font></td><td style="border-right:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Changes in operating assets and liabilities&#58;</font></td><td colspan="3" style="border-left:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Decrease (increase) in accounts receivable, net</font></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">230&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(285)</font></td><td style="border-right:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Decrease in inventory and promotional merchandise</font></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">184&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">766&#160;</font></td><td style="border-right:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:12pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(Increase) decrease in other assets, net</font></div></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(11)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">15&#160;</font></td><td style="border-right:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:12pt"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(Decrease) increase in accounts payable and other liabilities</font></div></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(54)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">135&#160;</font></td><td style="border-right:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#b6b6b6;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Net cash flows provided by operating activities</font></td><td style="background-color:#b6b6b6;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">$</font></td><td style="background-color:#b6b6b6;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">1,272</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</font></td><td style="background-color:#b6b6b6;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td style="background-color:#b6b6b6;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">$</font></td><td style="background-color:#b6b6b6;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2,360</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</font></td><td style="background-color:#b6b6b6;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr style="height:15pt"><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:100%">Other Investing and Financing Sources (Uses)&#58;</font></td><td colspan="3" style="border-left:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Capital expenditures</font></td><td style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(602)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(919)</font></td><td style="border-right:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Repayments of current debt, net</font></div></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(215)</font></td><td style="border-right:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Repayments of commercial paper (maturities after three months)</font></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(785)</font></td><td style="border-right:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Proceeds from issuance of long-term debt, net</font></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">648&#160;</font></td><td style="border-right:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Repayments of long-term debt</font></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(505)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(10)</font></td><td style="border-right:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Dividends paid to stockholders</font></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(618)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(947)</font></td><td style="border-right:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Payments to acquire treasury stock</font></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(35)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(35)</font></td><td style="border-right:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Payments for acquisition of redeemable noncontrolling interest</font></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(745)</font></td><td style="border-right:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr style="height:15pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:100%">Supplemental cash flow information&#58;</font></td><td colspan="3" style="border-left:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Cash paid for interest</font></div></td><td style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">353&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">359&#160;</font></td><td style="border-right:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Cash paid for income taxes</font></div></td><td colspan="2" style="border-bottom:1pt solid #000;border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">630&#160;</font></td><td style="border-bottom:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000;border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">550&#160;</font></td><td style="border-bottom:1pt solid #000;border-right:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr></table></div><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:95.000%"><tr><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.234%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt;vertical-align:middle"><div><img alt="footera.jpg" src="footera.jpg" style="height:31px;margin-bottom:5pt;vertical-align:text-bottom;width:50px"></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:100%">Page 25 of <a href="#i8473bb51a7f945b7b77c54d44655144f_4" style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:100%;text-decoration:none">26</a></font></div></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="min-height:45pt;width:100%"><div style="text-align:right"><font><br></font></div></div><div><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:12pt;font-weight:400;line-height:16.00pt">As referenced on page 14, beginning with the fiscal 2026 first quarter, the Company will be reporting its fiscal 2026 and comparable fiscal 2025 results by geographic region under the new regional structure. Presented below are the fiscal 2025 and 2024 full-year and fourth quarter net sales results by geographic region under this new regional structure&#58;</font></div><div><font><br></font></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:89.166%"><tr><td style="width:1.0%"></td><td style="width:36.750%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.738%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.738%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.361%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:11.361%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.452%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="18" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Results by Geographic Region<br>(Unaudited)</font></td></tr><tr style="height:8pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-bottom:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-bottom:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-bottom:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-bottom:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="15" style="background-color:#00497f;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#ffffff;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Year Ended June 30</font></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="6" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Net Sales</font></td><td colspan="9" style="border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="text-align:center"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Percentage Change</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:6.5pt;font-weight:700;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">1</font></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">($ in millions)</font></td><td colspan="3" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2025</font></td><td colspan="3" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2024</font></td><td colspan="3" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Reported<br>Basis</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Impact of Foreign Currency Translation</font></td><td colspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="text-align:center"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Organic </font></div><div style="text-align:center"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">&#160;Net Sales</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:6.5pt;font-weight:700;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">  </font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">(Non-GAAP)</font></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">The Americas</font></td><td style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td colspan="2" style="border-top:1pt solid #000;padding:2px 7pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,410</font></td><td style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td colspan="2" style="border-top:1pt solid #000;padding:2px 7pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,579</font></td><td colspan="2" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(4)</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1&#160;</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td><td colspan="2" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(3)</font></td><td style="border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">EUKEM</font></div></td><td colspan="3" style="border-left:1pt solid #000;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,566</font></td><td colspan="3" style="border-left:1pt solid #000;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,539</font></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(1)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(1)</font></td><td style="border-right:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Asia&#47;Pacific</font></td><td colspan="3" style="border-left:1pt solid #000;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,606</font></td><td colspan="3" style="border-left:1pt solid #000;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,587</font></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(21)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(21)</font></td><td style="border-right:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Mainland China</font></div></td><td colspan="3" style="border-left:1pt solid #000;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,741</font></td><td colspan="3" style="border-left:1pt solid #000;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,904</font></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(6)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(6)</font></td><td style="border-right:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#b3b3b3;border-top:1pt solid #000;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Subtotal</font></td><td style="background-color:#b3b3b3;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">$</font></td><td colspan="2" style="background-color:#b3b3b3;border-top:1pt solid #000;padding:2px 7pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">14,323</font></td><td style="background-color:#b3b3b3;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">$</font></td><td colspan="2" style="background-color:#b3b3b3;border-top:1pt solid #000;padding:2px 7pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">15,609</font></td><td colspan="2" style="background-color:#b3b3b3;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">(8)</font></td><td style="background-color:#b3b3b3;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">%</font></td><td colspan="3" style="display:none"></td><td colspan="2" style="background-color:#b3b3b3;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">&#8212;</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</font></td><td style="background-color:#b3b3b3;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">%</font></td><td colspan="2" style="background-color:#b3b3b3;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">(8)</font></td><td style="background-color:#b3b3b3;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">%</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Returns&#47;charges associated with restructuring and other activities</font></td><td colspan="3" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3</font></td><td colspan="3" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(1)</font></td><td colspan="3" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#b3b3b3;border-top:1pt solid #000;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Total</font></td><td style="background-color:#b3b3b3;border-bottom:1pt solid #000;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">$</font></td><td colspan="2" style="background-color:#b3b3b3;border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 7pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">14,326</font></td><td style="background-color:#b3b3b3;border-bottom:1pt solid #000;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">$</font></td><td style="background-color:#b3b3b3;border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">15,608</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</font></td><td style="background-color:#b3b3b3;border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="background-color:#b3b3b3;border-bottom:1pt solid #000;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">(8)</font></td><td style="background-color:#b3b3b3;border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">%</font></td><td colspan="3" style="display:none"></td><td colspan="2" style="background-color:#b3b3b3;border-bottom:1pt solid #000;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">&#8212;</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</font></td><td style="background-color:#b3b3b3;border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">%</font></td><td colspan="2" style="background-color:#b3b3b3;border-bottom:1pt solid #000;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">(8)</font></td><td style="background-color:#b3b3b3;border-bottom:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">%</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="18" style="border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><div><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:5.85pt;font-style:italic;font-weight:400;line-height:100%;position:relative;top:-3.15pt;vertical-align:baseline">1</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%">Percentages are calculated on an individual basis. </font></div></td></tr></table><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:89.444%"><tr><td style="width:1.0%"></td><td style="width:36.943%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.545%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.545%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.477%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:11.477%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.413%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td></tr><tr style="height:8pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-bottom:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-bottom:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-bottom:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-bottom:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="15" style="background-color:#00497f;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#ffffff;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Three Months Ended June 30</font></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="6" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Net Sales</font></td><td colspan="9" style="border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="text-align:center"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Percentage Change</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:6.5pt;font-weight:700;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">1  </font></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">($ in millions)</font></td><td colspan="3" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2025</font></td><td colspan="3" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2024</font></td><td colspan="3" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Reported<br>Basis</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Impact of Foreign Currency Translation</font></td><td colspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="text-align:center"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Organic </font></div><div style="text-align:center"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">&#160;Net Sales</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:6.5pt;font-weight:700;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline"> </font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">(Non-GAAP)</font></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">The Americas</font></td><td style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td colspan="2" style="border-top:1pt solid #000;padding:2px 7pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">941</font></td><td style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td colspan="2" style="border-top:1pt solid #000;padding:2px 7pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">994</font></td><td colspan="2" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(5)</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1&#160;</font></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td><td colspan="2" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(4)</font></td><td style="border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">EUKEM</font></div></td><td colspan="3" style="border-left:1pt solid #000;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">828</font></td><td colspan="3" style="border-left:1pt solid #000;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">814</font></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(5)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(3)</font></td><td style="border-right:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Asia&#47;Pacific</font></td><td colspan="3" style="border-left:1pt solid #000;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">906</font></td><td colspan="3" style="border-left:1pt solid #000;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,318</font></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(31)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(31)</font></td><td style="border-right:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Mainland China</font></div></td><td colspan="3" style="border-left:1pt solid #000;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">733</font></td><td colspan="3" style="border-left:1pt solid #000;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">745</font></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(2)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(1)</font></td><td style="border-right:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#b3b3b3;border-top:1pt solid #000;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Subtotal</font></td><td style="background-color:#b3b3b3;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">$</font></td><td colspan="2" style="background-color:#b3b3b3;border-top:1pt solid #000;padding:2px 7pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">3,408</font></td><td style="background-color:#b3b3b3;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">$</font></td><td colspan="2" style="background-color:#b3b3b3;border-top:1pt solid #000;padding:2px 7pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">3,871</font></td><td colspan="2" style="background-color:#b3b3b3;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">(12)</font></td><td style="background-color:#b3b3b3;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">%</font></td><td colspan="3" style="display:none"></td><td colspan="2" style="background-color:#b3b3b3;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">(1)</font></td><td style="background-color:#b3b3b3;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">%</font></td><td colspan="2" style="background-color:#b3b3b3;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">(13)</font></td><td style="background-color:#b3b3b3;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">%</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Returns&#47;charges associated with restructuring and other activities </font></td><td colspan="3" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3</font></td><td colspan="3" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;</font></td><td colspan="3" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-left:1pt solid #000;border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#b3b3b3;border-top:1pt solid #000;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Total</font></td><td style="background-color:#b3b3b3;border-bottom:1pt solid #000;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">$</font></td><td colspan="2" style="background-color:#b3b3b3;border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 7pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">3,411</font></td><td style="background-color:#b3b3b3;border-bottom:1pt solid #000;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">$</font></td><td style="background-color:#b3b3b3;border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">3,871</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</font></td><td style="background-color:#b3b3b3;border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="background-color:#b3b3b3;border-bottom:1pt solid #000;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">(12)</font></td><td style="background-color:#b3b3b3;border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">%</font></td><td colspan="3" style="display:none"></td><td colspan="2" style="background-color:#b3b3b3;border-bottom:1pt solid #000;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">(1)</font></td><td style="background-color:#b3b3b3;border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">%</font></td><td colspan="2" style="background-color:#b3b3b3;border-bottom:1pt solid #000;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">(13)</font></td><td style="background-color:#b3b3b3;border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:10pt;font-weight:700;line-height:100%">%</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="18" style="border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><div><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:5.85pt;font-style:italic;font-weight:400;line-height:100%;position:relative;top:-3.15pt;vertical-align:baseline">1</font><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%">Percentages are calculated on an individual basis. </font></div></td></tr></table></div><div style="text-align:center"><font><br></font></div><div style="padding-right:-14.4pt;text-align:center"><font style="color:#000000;font-family:'Optima LT Pro',sans-serif;font-size:11pt;font-weight:400;line-height:120%">###</font></div><div id="i8473bb51a7f945b7b77c54d44655144f_4"></div><div><font><br></font></div><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:95.000%"><tr><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.234%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt;vertical-align:middle"><div><img alt="footera.jpg" src="footera.jpg" style="height:31px;margin-bottom:5pt;vertical-align:text-bottom;width:50px"></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:100%">Page 26 of <a href="#i8473bb51a7f945b7b77c54d44655144f_4" style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:100%;text-decoration:none">26</a></font></div></td></tr></table></div></div></div></body></html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.SCH
<SEQUENCE>3
<FILENAME>el-20250820.xsd
<DESCRIPTION>XBRL TAXONOMY EXTENSION SCHEMA DOCUMENT
<TEXT>
<XBRL>
<?xml version="1.0" encoding="UTF-8"?>

<!--XBRL Document Created with the Workiva Platform-->
<!--Copyright 2025 Workiva-->
<!--r:44c2a0d9-6c95-4fe0-a0d2-cc251dd24fd0,g:aec2e328-b99d-48ed-b600-3de77e0cb286-->
<xs:schema xmlns:xs="http://www.w3.org/2001/XMLSchema" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:el="http://www.elcompanies.com/20250820" attributeFormDefault="unqualified" elementFormDefault="qualified" targetNamespace="http://www.elcompanies.com/20250820">
  <xs:import namespace="http://www.xbrl.org/2003/instance" schemaLocation="http://www.xbrl.org/2003/xbrl-instance-2003-12-31.xsd"/>
  <xs:import namespace="http://www.xbrl.org/2003/linkbase" schemaLocation="http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd"/>
  <xs:import namespace="http://xbrl.sec.gov/dei/2024" schemaLocation="https://xbrl.sec.gov/dei/2024/dei-2024.xsd"/>
  <xs:annotation>
    <xs:appinfo>
      <link:linkbaseRef xmlns:xlink="http://www.w3.org/1999/xlink" xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" xlink:href="el-20250820_pre.xml" xlink:role="http://www.xbrl.org/2003/role/presentationLinkbaseRef" xlink:type="simple"/>
      <link:linkbaseRef xmlns:xlink="http://www.w3.org/1999/xlink" xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" xlink:href="el-20250820_lab.xml" xlink:role="http://www.xbrl.org/2003/role/labelLinkbaseRef" xlink:type="simple"/>
      <link:roleType id="Cover" roleURI="http://www.elcompanies.com/role/Cover">
        <link:definition>0000001 - Document - Cover</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
    </xs:appinfo>
  </xs:annotation>
</xs:schema>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.LAB
<SEQUENCE>4
<FILENAME>el-20250820_lab.xml
<DESCRIPTION>XBRL TAXONOMY EXTENSION LABEL LINKBASE DOCUMENT
<TEXT>
<XBRL>
<?xml version="1.0" encoding="UTF-8"?>

<!--XBRL Document Created with the Workiva Platform-->
<!--Copyright 2025 Workiva-->
<!--r:44c2a0d9-6c95-4fe0-a0d2-cc251dd24fd0,g:aec2e328-b99d-48ed-b600-3de77e0cb286-->
<link:linkbase xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd">
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedPeriodStartLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedPeriodStartLabel"/>
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/netLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/net-2009-12-16.xsd#netLabel"/>
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedNetLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedNetLabel"/>
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedTerseLabel"/>
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedPeriodEndLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedPeriodEndLabel"/>
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedLabel"/>
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedTotalLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedTotalLabel"/>
  <link:labelLink xlink:role="http://www.xbrl.org/2003/role/link" xlink:type="extended">
    <link:label id="lab_dei_EntityIncorporationStateCountryCode_f8c755a7-d2d3-4bb7-8a5a-88cf5b196e35_terseLabel_en-US" xlink:label="lab_dei_EntityIncorporationStateCountryCode" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Incorporation, State or Country Code</link:label>
    <link:label id="lab_dei_EntityIncorporationStateCountryCode_label_en-US" xlink:label="lab_dei_EntityIncorporationStateCountryCode" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Incorporation, State or Country Code</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityIncorporationStateCountryCode" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityIncorporationStateCountryCode"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityIncorporationStateCountryCode" xlink:to="lab_dei_EntityIncorporationStateCountryCode" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_EntityCentralIndexKey_fa62e6ad-cc74-41c3-be3f-d78cdb2f713a_terseLabel_en-US" xlink:label="lab_dei_EntityCentralIndexKey" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Central Index Key</link:label>
    <link:label id="lab_dei_EntityCentralIndexKey_label_en-US" xlink:label="lab_dei_EntityCentralIndexKey" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Central Index Key</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityCentralIndexKey" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityCentralIndexKey"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityCentralIndexKey" xlink:to="lab_dei_EntityCentralIndexKey" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_EntityFileNumber_28f4087b-629a-4a63-898c-7d0e2e4fddcd_terseLabel_en-US" xlink:label="lab_dei_EntityFileNumber" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity File Number</link:label>
    <link:label id="lab_dei_EntityFileNumber_label_en-US" xlink:label="lab_dei_EntityFileNumber" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity File Number</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityFileNumber" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityFileNumber"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityFileNumber" xlink:to="lab_dei_EntityFileNumber" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_EntityAddressStateOrProvince_3461a36e-9aa1-47de-9d23-0066fdf36864_terseLabel_en-US" xlink:label="lab_dei_EntityAddressStateOrProvince" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Address, State or Province</link:label>
    <link:label id="lab_dei_EntityAddressStateOrProvince_label_en-US" xlink:label="lab_dei_EntityAddressStateOrProvince" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Address, State or Province</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressStateOrProvince" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityAddressStateOrProvince"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityAddressStateOrProvince" xlink:to="lab_dei_EntityAddressStateOrProvince" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_SecurityExchangeName_a923caf3-f0a3-4d36-8c87-f812e3c6ed88_terseLabel_en-US" xlink:label="lab_dei_SecurityExchangeName" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Security Exchange Name</link:label>
    <link:label id="lab_dei_SecurityExchangeName_label_en-US" xlink:label="lab_dei_SecurityExchangeName" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Security Exchange Name</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_SecurityExchangeName" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_SecurityExchangeName"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_SecurityExchangeName" xlink:to="lab_dei_SecurityExchangeName" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_PreCommencementIssuerTenderOffer_c769d136-8800-4b6e-9392-a9d6ad7897cf_terseLabel_en-US" xlink:label="lab_dei_PreCommencementIssuerTenderOffer" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Pre-commencement Issuer Tender Offer</link:label>
    <link:label id="lab_dei_PreCommencementIssuerTenderOffer_label_en-US" xlink:label="lab_dei_PreCommencementIssuerTenderOffer" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Pre-commencement Issuer Tender Offer</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_PreCommencementIssuerTenderOffer" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_PreCommencementIssuerTenderOffer"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_PreCommencementIssuerTenderOffer" xlink:to="lab_dei_PreCommencementIssuerTenderOffer" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_EntityAddressAddressLine1_0d6254f7-c5b6-42ee-8237-7c8a68bfedcf_terseLabel_en-US" xlink:label="lab_dei_EntityAddressAddressLine1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Address, Address Line One</link:label>
    <link:label id="lab_dei_EntityAddressAddressLine1_label_en-US" xlink:label="lab_dei_EntityAddressAddressLine1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Address, Address Line One</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressAddressLine1" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityAddressAddressLine1"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityAddressAddressLine1" xlink:to="lab_dei_EntityAddressAddressLine1" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_EntityAddressCityOrTown_a1ec174a-5e48-453c-b3a0-b82324503078_terseLabel_en-US" xlink:label="lab_dei_EntityAddressCityOrTown" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Address, City or Town</link:label>
    <link:label id="lab_dei_EntityAddressCityOrTown_label_en-US" xlink:label="lab_dei_EntityAddressCityOrTown" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Address, City or Town</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressCityOrTown" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityAddressCityOrTown"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityAddressCityOrTown" xlink:to="lab_dei_EntityAddressCityOrTown" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_SolicitingMaterial_20edae52-253b-46d2-b463-f7050841c396_terseLabel_en-US" xlink:label="lab_dei_SolicitingMaterial" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Soliciting Material</link:label>
    <link:label id="lab_dei_SolicitingMaterial_label_en-US" xlink:label="lab_dei_SolicitingMaterial" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Soliciting Material</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_SolicitingMaterial" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_SolicitingMaterial"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_SolicitingMaterial" xlink:to="lab_dei_SolicitingMaterial" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_EntityAddressPostalZipCode_f5d497eb-8d28-4902-9503-e0d0275b58ff_terseLabel_en-US" xlink:label="lab_dei_EntityAddressPostalZipCode" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Address, Postal Zip Code</link:label>
    <link:label id="lab_dei_EntityAddressPostalZipCode_label_en-US" xlink:label="lab_dei_EntityAddressPostalZipCode" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Address, Postal Zip Code</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressPostalZipCode" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityAddressPostalZipCode"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityAddressPostalZipCode" xlink:to="lab_dei_EntityAddressPostalZipCode" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_CoverAbstract_label_en-US" xlink:label="lab_dei_CoverAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cover [Abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_CoverAbstract" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_CoverAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_CoverAbstract" xlink:to="lab_dei_CoverAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_WrittenCommunications_1004d606-9319-46a3-a030-bc1bce42726f_terseLabel_en-US" xlink:label="lab_dei_WrittenCommunications" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Written Communications</link:label>
    <link:label id="lab_dei_WrittenCommunications_label_en-US" xlink:label="lab_dei_WrittenCommunications" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Written Communications</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_WrittenCommunications" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_WrittenCommunications"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_WrittenCommunications" xlink:to="lab_dei_WrittenCommunications" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_LocalPhoneNumber_70d19b62-51fc-42e1-976c-cde4227f401d_terseLabel_en-US" xlink:label="lab_dei_LocalPhoneNumber" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Local Phone Number</link:label>
    <link:label id="lab_dei_LocalPhoneNumber_label_en-US" xlink:label="lab_dei_LocalPhoneNumber" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Local Phone Number</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_LocalPhoneNumber" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_LocalPhoneNumber"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_LocalPhoneNumber" xlink:to="lab_dei_LocalPhoneNumber" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_Security12bTitle_29b8dc03-86d7-4b76-a368-2b939671bfb6_terseLabel_en-US" xlink:label="lab_dei_Security12bTitle" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Title of 12(b) Security</link:label>
    <link:label id="lab_dei_Security12bTitle_label_en-US" xlink:label="lab_dei_Security12bTitle" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Title of 12(b) Security</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_Security12bTitle" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_Security12bTitle"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_Security12bTitle" xlink:to="lab_dei_Security12bTitle" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_CityAreaCode_07a8af6c-2bca-470a-a851-504652bcc131_terseLabel_en-US" xlink:label="lab_dei_CityAreaCode" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">City Area Code</link:label>
    <link:label id="lab_dei_CityAreaCode_label_en-US" xlink:label="lab_dei_CityAreaCode" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">City Area Code</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_CityAreaCode" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_CityAreaCode"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_CityAreaCode" xlink:to="lab_dei_CityAreaCode" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_DocumentPeriodEndDate_cf623837-911d-4166-acd0-3fd172e4841b_terseLabel_en-US" xlink:label="lab_dei_DocumentPeriodEndDate" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Document Period End Date</link:label>
    <link:label id="lab_dei_DocumentPeriodEndDate_label_en-US" xlink:label="lab_dei_DocumentPeriodEndDate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Document Period End Date</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_DocumentPeriodEndDate" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_DocumentPeriodEndDate"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_DocumentPeriodEndDate" xlink:to="lab_dei_DocumentPeriodEndDate" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_AmendmentFlag_5876ef8d-2ea4-46cb-a250-8776601109d9_terseLabel_en-US" xlink:label="lab_dei_AmendmentFlag" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Amendment Flag</link:label>
    <link:label id="lab_dei_AmendmentFlag_label_en-US" xlink:label="lab_dei_AmendmentFlag" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Amendment Flag</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_AmendmentFlag" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_AmendmentFlag"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_AmendmentFlag" xlink:to="lab_dei_AmendmentFlag" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_EntityTaxIdentificationNumber_afa3fe47-258b-47b0-8720-0efc49960ff9_terseLabel_en-US" xlink:label="lab_dei_EntityTaxIdentificationNumber" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Tax Identification Number</link:label>
    <link:label id="lab_dei_EntityTaxIdentificationNumber_label_en-US" xlink:label="lab_dei_EntityTaxIdentificationNumber" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Tax Identification Number</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityTaxIdentificationNumber" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityTaxIdentificationNumber"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityTaxIdentificationNumber" xlink:to="lab_dei_EntityTaxIdentificationNumber" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_TradingSymbol_b4b471c8-61bc-4929-870b-2360506b236f_terseLabel_en-US" xlink:label="lab_dei_TradingSymbol" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Trading Symbol</link:label>
    <link:label id="lab_dei_TradingSymbol_label_en-US" xlink:label="lab_dei_TradingSymbol" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Trading Symbol</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_TradingSymbol" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_TradingSymbol"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_TradingSymbol" xlink:to="lab_dei_TradingSymbol" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_EntityRegistrantName_20e2074a-a29e-47fe-b097-17c945f1e112_terseLabel_en-US" xlink:label="lab_dei_EntityRegistrantName" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Registrant Name</link:label>
    <link:label id="lab_dei_EntityRegistrantName_label_en-US" xlink:label="lab_dei_EntityRegistrantName" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Registrant Name</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityRegistrantName" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityRegistrantName"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityRegistrantName" xlink:to="lab_dei_EntityRegistrantName" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_PreCommencementTenderOffer_6e2fd818-5b24-4776-b0e7-dcc653026625_terseLabel_en-US" xlink:label="lab_dei_PreCommencementTenderOffer" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Pre-commencement Tender Offer</link:label>
    <link:label id="lab_dei_PreCommencementTenderOffer_label_en-US" xlink:label="lab_dei_PreCommencementTenderOffer" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Pre-commencement Tender Offer</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_PreCommencementTenderOffer" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_PreCommencementTenderOffer"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_PreCommencementTenderOffer" xlink:to="lab_dei_PreCommencementTenderOffer" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_DocumentType_b71f3367-ef62-4d4a-88e7-b92a0b33ff5c_terseLabel_en-US" xlink:label="lab_dei_DocumentType" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Document Type</link:label>
    <link:label id="lab_dei_DocumentType_label_en-US" xlink:label="lab_dei_DocumentType" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Document Type</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_DocumentType" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_DocumentType"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_DocumentType" xlink:to="lab_dei_DocumentType" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_EntityEmergingGrowthCompany_9365422d-a004-4985-852a-feb66760cd84_terseLabel_en-US" xlink:label="lab_dei_EntityEmergingGrowthCompany" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Emerging Growth Company</link:label>
    <link:label id="lab_dei_EntityEmergingGrowthCompany_label_en-US" xlink:label="lab_dei_EntityEmergingGrowthCompany" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Emerging Growth Company</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityEmergingGrowthCompany" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityEmergingGrowthCompany"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityEmergingGrowthCompany" xlink:to="lab_dei_EntityEmergingGrowthCompany" xlink:type="arc" order="1"/>
  </link:labelLink>
</link:linkbase>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.PRE
<SEQUENCE>5
<FILENAME>el-20250820_pre.xml
<DESCRIPTION>XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE DOCUMENT
<TEXT>
<XBRL>
<?xml version="1.0" encoding="UTF-8"?>

<!--XBRL Document Created with the Workiva Platform-->
<!--Copyright 2025 Workiva-->
<!--r:44c2a0d9-6c95-4fe0-a0d2-cc251dd24fd0,g:aec2e328-b99d-48ed-b600-3de77e0cb286-->
<link:linkbase xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd">
  <link:roleRef roleURI="http://www.elcompanies.com/role/Cover" xlink:type="simple" xlink:href="el-20250820.xsd#Cover"/>
  <link:presentationLink xlink:role="http://www.elcompanies.com/role/Cover" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_dei_CoverAbstract_22b8c979-0aa3-461e-88ef-f886b985595d" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_CoverAbstract"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_DocumentType_7e30e3e2-bc0b-4467-bbb9-27a8d17e780c" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_DocumentType"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_22b8c979-0aa3-461e-88ef-f886b985595d" xlink:to="loc_dei_DocumentType_7e30e3e2-bc0b-4467-bbb9-27a8d17e780c" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityRegistrantName_556ae615-4e06-422a-8e21-99507cc1125a" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityRegistrantName"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_22b8c979-0aa3-461e-88ef-f886b985595d" xlink:to="loc_dei_EntityRegistrantName_556ae615-4e06-422a-8e21-99507cc1125a" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_DocumentPeriodEndDate_7f74a1ee-6892-41dd-9a6d-e65a7a85045d" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_DocumentPeriodEndDate"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_22b8c979-0aa3-461e-88ef-f886b985595d" xlink:to="loc_dei_DocumentPeriodEndDate_7f74a1ee-6892-41dd-9a6d-e65a7a85045d" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityIncorporationStateCountryCode_d4e54f9a-fdef-4c93-9b4e-504ffac7827d" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityIncorporationStateCountryCode"/>
    <link:presentationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_22b8c979-0aa3-461e-88ef-f886b985595d" xlink:to="loc_dei_EntityIncorporationStateCountryCode_d4e54f9a-fdef-4c93-9b4e-504ffac7827d" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityTaxIdentificationNumber_9beefe58-64ae-4fdb-a807-9b025be2a453" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityTaxIdentificationNumber"/>
    <link:presentationArc order="5" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_22b8c979-0aa3-461e-88ef-f886b985595d" xlink:to="loc_dei_EntityTaxIdentificationNumber_9beefe58-64ae-4fdb-a807-9b025be2a453" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityFileNumber_e1acbc97-ba00-4115-b84b-063b6392e5b4" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityFileNumber"/>
    <link:presentationArc order="6" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_22b8c979-0aa3-461e-88ef-f886b985595d" xlink:to="loc_dei_EntityFileNumber_e1acbc97-ba00-4115-b84b-063b6392e5b4" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressAddressLine1_f043f251-5830-4f74-81fc-db5ad5881d50" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityAddressAddressLine1"/>
    <link:presentationArc order="7" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_22b8c979-0aa3-461e-88ef-f886b985595d" xlink:to="loc_dei_EntityAddressAddressLine1_f043f251-5830-4f74-81fc-db5ad5881d50" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressCityOrTown_b456cf22-9cc8-42cd-b0b2-6a2cd49205c7" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityAddressCityOrTown"/>
    <link:presentationArc order="8" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_22b8c979-0aa3-461e-88ef-f886b985595d" xlink:to="loc_dei_EntityAddressCityOrTown_b456cf22-9cc8-42cd-b0b2-6a2cd49205c7" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressStateOrProvince_025b10b4-0836-4915-b2fb-4117bad36db6" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityAddressStateOrProvince"/>
    <link:presentationArc order="9" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_22b8c979-0aa3-461e-88ef-f886b985595d" xlink:to="loc_dei_EntityAddressStateOrProvince_025b10b4-0836-4915-b2fb-4117bad36db6" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressPostalZipCode_c28b54ab-757e-404e-9d66-28c333d340cd" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityAddressPostalZipCode"/>
    <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_22b8c979-0aa3-461e-88ef-f886b985595d" xlink:to="loc_dei_EntityAddressPostalZipCode_c28b54ab-757e-404e-9d66-28c333d340cd" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_CityAreaCode_f6fead4c-58f5-4fc1-ad84-f28906c196ba" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_CityAreaCode"/>
    <link:presentationArc order="11" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_22b8c979-0aa3-461e-88ef-f886b985595d" xlink:to="loc_dei_CityAreaCode_f6fead4c-58f5-4fc1-ad84-f28906c196ba" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_LocalPhoneNumber_86553ff6-8fec-44e7-b69f-a5e923cb750d" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_LocalPhoneNumber"/>
    <link:presentationArc order="12" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_22b8c979-0aa3-461e-88ef-f886b985595d" xlink:to="loc_dei_LocalPhoneNumber_86553ff6-8fec-44e7-b69f-a5e923cb750d" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_SolicitingMaterial_fd7f5735-a9ae-48a9-96a1-e872672e850e" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_SolicitingMaterial"/>
    <link:presentationArc order="13" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_22b8c979-0aa3-461e-88ef-f886b985595d" xlink:to="loc_dei_SolicitingMaterial_fd7f5735-a9ae-48a9-96a1-e872672e850e" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_PreCommencementTenderOffer_3c745e34-e0f0-4f7c-82ba-7341bc0e5c19" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_PreCommencementTenderOffer"/>
    <link:presentationArc order="14" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_22b8c979-0aa3-461e-88ef-f886b985595d" xlink:to="loc_dei_PreCommencementTenderOffer_3c745e34-e0f0-4f7c-82ba-7341bc0e5c19" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_PreCommencementIssuerTenderOffer_0560010a-cb43-456c-856d-714a04dc1bb6" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_PreCommencementIssuerTenderOffer"/>
    <link:presentationArc order="15" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_22b8c979-0aa3-461e-88ef-f886b985595d" xlink:to="loc_dei_PreCommencementIssuerTenderOffer_0560010a-cb43-456c-856d-714a04dc1bb6" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_Security12bTitle_729c3a22-d85e-4766-adf6-12f97f849c30" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_Security12bTitle"/>
    <link:presentationArc order="16" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_22b8c979-0aa3-461e-88ef-f886b985595d" xlink:to="loc_dei_Security12bTitle_729c3a22-d85e-4766-adf6-12f97f849c30" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_TradingSymbol_8381d45e-6806-417f-9403-ef25de366560" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_TradingSymbol"/>
    <link:presentationArc order="17" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_22b8c979-0aa3-461e-88ef-f886b985595d" xlink:to="loc_dei_TradingSymbol_8381d45e-6806-417f-9403-ef25de366560" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_SecurityExchangeName_c4e9d9a2-936f-42b9-8b71-f3ffbf1f3efa" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_SecurityExchangeName"/>
    <link:presentationArc order="18" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_22b8c979-0aa3-461e-88ef-f886b985595d" xlink:to="loc_dei_SecurityExchangeName_c4e9d9a2-936f-42b9-8b71-f3ffbf1f3efa" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityEmergingGrowthCompany_e2220a79-cf1f-44a9-8959-9eb85d4c8112" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityEmergingGrowthCompany"/>
    <link:presentationArc order="19" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_22b8c979-0aa3-461e-88ef-f886b985595d" xlink:to="loc_dei_EntityEmergingGrowthCompany_e2220a79-cf1f-44a9-8959-9eb85d4c8112" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_WrittenCommunications_5ead15b9-68a7-4cf8-9826-2e892c84bb4e" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_WrittenCommunications"/>
    <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_22b8c979-0aa3-461e-88ef-f886b985595d" xlink:to="loc_dei_WrittenCommunications_5ead15b9-68a7-4cf8-9826-2e892c84bb4e" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityCentralIndexKey_5a24e6b5-7041-43ae-b7d2-670ea5da33ec" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityCentralIndexKey"/>
    <link:presentationArc order="21" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_22b8c979-0aa3-461e-88ef-f886b985595d" xlink:to="loc_dei_EntityCentralIndexKey_5a24e6b5-7041-43ae-b7d2-670ea5da33ec" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_AmendmentFlag_ccb0767d-93e7-4df4-ab05-e2f960d59914" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_AmendmentFlag"/>
    <link:presentationArc order="22" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_22b8c979-0aa3-461e-88ef-f886b985595d" xlink:to="loc_dei_AmendmentFlag_ccb0767d-93e7-4df4-ab05-e2f960d59914" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
  </link:presentationLink>
</link:linkbase>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>6
<FILENAME>footera.jpg
<TEXT>
begin 644 footera.jpg
M_]C_X  02D9)1@ ! 0$ > !X  #_VP!#  ," @," @,# P,$ P,$!0@%!00$
M!0H'!P8(# H,# L*"PL-#A(0#0X1#@L+$!80$1,4%145# \7&!84&!(4%13_
MVP!# 0,$! 4$!0D%!0D4#0L-%!04%!04%!04%!04%!04%!04%!04%!04%!04
M%!04%!04%!04%!04%!04%!04%!04%!3_P  1" "5 / # 2(  A$! Q$!_\0
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MBB@ HHHH **** "BBB@ HHHH **@O+V#3K.>ZN94@MH$:6661MJHBC)8GL
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M/BMI6C?$+P?9S:GJ^@6[VU_IUJ";B:UW;UDB Y9HVW94<D-QR,'ZR^&OP+\
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M:X.()/\ =/\ *OR(_P""8W@;PQ\1/CGXTL?%/A_2_$5I'HTD\-OJEHEPB/\
M:HQO57! ."1GWJL#R_5L1S;67YDXJ_MJ7+OJ?HQ=?MB_ ^SCWO\ %3PLP_Z9
M:E'(?R4DUW/PY^*7A7XN>'WUSP=K5OK^DI.]J;NUW;/-4 LN2!G&X?G7(WW[
M*'P:U*(I/\+_  KM/_//288S^:J*Z_X<_##PK\)/#[:'X/T.U\/Z0T[W)M+0
M$)YCXW-@D\G _*O-G[#E_=WOYV.V/M;^_:Q^:O\ P6"A*_%+P#,!G=HDZ_E/
MG^M?<^@_M;?!6VT'3HY?BGX322.VC5E.K0Y!"#(QNZU\.?\ !8><_P#"QOA]
M$#@KH]T_YS*/Z5]W^'?V9_A'>>&]+>;X9>$I'DM(F9SHUOEB4!))V5ZM?V?U
M2A[2_7;U."GS_6*O);IN3>&_VL?A!XR\4Z?X<T+Q_H^L:WJ$ABM;.RE:5I6"
MEB 5&.BD\GM7K->6>'_V6/A)X3\5V'B;1/ &BZ1KMBYDMKVRM_*>)BI4D!2!
MT)'3O7J=>/5]E?\ =7MYGHPY[>_:_D+1116)H%%%% !1110 4444 %%%% !2
M4M-/>@#\DOA60/\ @K#J!)Q_Q5>L#_R!<"OUNK\Z]6_X)U_%M?CSJ_Q1T'XB
M>'-)UJ?6KC5[.1K2:0PF1V*A@5VM\K8(Z=:]1NO@C^UW>-N/Q]\/VY[K!H,8
M'ZQ&O<QGL<0Z;A42M%+6_3Y'F8=5**ES0>KOT/L.N8A^)/AR7XBW/@4:G$GB
MF#3X]4.GOP[VSNZ!U_O89""!TRN>HKYV^#/P _:&\)_%[2?$GCWXUQ^*_#4
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M]*\J/Q([Y;,^7O\ @E/:B#]DVUD_Y[ZU>R?D47_V6OF?]HFW6/\ X*J>&O\
MIIK>@N?^^(1_2OJ'_@EB,?LBZ1_V%+__ -&U\Q?M$,)O^"JWAA5ZKK.@@_\
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M9_\ ^"G^OW/B-AI^G7VO7UK-/*,*D-Z"\$A)QA=SQ$MT SZ5^N&ZOE+]M/\
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M91D*>'-/4HZE64BW0$$'H<]:=^T9%+<?L_\ Q*B@C>:>3PWJ*I'&I9F8VT@
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7 HHHH **** "BBB@ HHHH **** /_]D!

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>8
<FILENAME>R1.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.25.2</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Cover<br></strong></div></th>
<th class="th"><div>Aug. 20, 2025</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_CoverAbstract', window );"><strong>Cover [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_DocumentType', window );">Document Type</a></td>
<td class="text">8-K<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityRegistrantName', window );">Entity Registrant Name</a></td>
<td class="text">The Est&#233;e Lauder Companies Inc.<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_DocumentPeriodEndDate', window );">Document Period End Date</a></td>
<td class="text">Aug. 20,  2025<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityIncorporationStateCountryCode', window );">Entity Incorporation, State or Country Code</a></td>
<td class="text">DE<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityTaxIdentificationNumber', window );">Entity Tax Identification Number</a></td>
<td class="text">11-2408943<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityFileNumber', window );">Entity File Number</a></td>
<td class="text">1-14064<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityAddressAddressLine1', window );">Entity Address, Address Line One</a></td>
<td class="text">767 Fifth Avenue<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityAddressCityOrTown', window );">Entity Address, City or Town</a></td>
<td class="text">New York<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityAddressStateOrProvince', window );">Entity Address, State or Province</a></td>
<td class="text">NY<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityAddressPostalZipCode', window );">Entity Address, Postal Zip Code</a></td>
<td class="text">10153<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_CityAreaCode', window );">City Area Code</a></td>
<td class="text">212<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_LocalPhoneNumber', window );">Local Phone Number</a></td>
<td class="text">572-4200<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_SolicitingMaterial', window );">Soliciting Material</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_PreCommencementTenderOffer', window );">Pre-commencement Tender Offer</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_PreCommencementIssuerTenderOffer', window );">Pre-commencement Issuer Tender Offer</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_Security12bTitle', window );">Title of 12(b) Security</a></td>
<td class="text">Class A Common Stock, $.01 par value<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_TradingSymbol', window );">Trading Symbol</a></td>
<td class="text">EL<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_SecurityExchangeName', window );">Security Exchange Name</a></td>
<td class="text">NYSE<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityEmergingGrowthCompany', window );">Entity Emerging Growth Company</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_WrittenCommunications', window );">Written Communications</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityCentralIndexKey', window );">Entity Central Index Key</a></td>
<td class="text">0001001250<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_AmendmentFlag', window );">Amendment Flag</a></td>
<td class="text">false<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_AmendmentFlag">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_AmendmentFlag</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_CityAreaCode">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Area code of city</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_CityAreaCode</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_CoverAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Cover page.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_CoverAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentPeriodEndDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentPeriodEndDate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:dateItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentType">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentType</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:submissionTypeItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressAddressLine1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Address Line 1 such as Attn, Building Name, Street Name</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressAddressLine1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressCityOrTown">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Name of the City or Town</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressCityOrTown</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressPostalZipCode">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Code for the postal or zip code</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressPostalZipCode</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressStateOrProvince">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Name of the state or province.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressStateOrProvince</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:stateOrProvinceItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityCentralIndexKey">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityCentralIndexKey</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:centralIndexKeyItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityEmergingGrowthCompany">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Indicate if registrant meets the emerging growth company criteria.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityEmergingGrowthCompany</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityFileNumber">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityFileNumber</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:fileNumberItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityIncorporationStateCountryCode">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Two-character EDGAR code representing the state or country of incorporation.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityIncorporationStateCountryCode</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:edgarStateCountryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityRegistrantName">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityRegistrantName</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityTaxIdentificationNumber">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityTaxIdentificationNumber</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:employerIdItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LocalPhoneNumber">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Local phone number for entity.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_LocalPhoneNumber</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_PreCommencementIssuerTenderOffer">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 13e<br> -Subsection 4c<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_PreCommencementIssuerTenderOffer</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_PreCommencementTenderOffer">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 14d<br> -Subsection 2b<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_PreCommencementTenderOffer</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_Security12bTitle">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Title of a 12(b) registered security.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_Security12bTitle</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:securityTitleItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_SecurityExchangeName">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Name of the Exchange on which a security is registered.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection d1-1<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_SecurityExchangeName</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:edgarExchangeCodeItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_SolicitingMaterial">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 14a<br> -Subsection 12<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_SolicitingMaterial</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_TradingSymbol">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Trading symbol of an instrument as listed on an exchange.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_TradingSymbol</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:tradingSymbolItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_WrittenCommunications">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Securities Act<br> -Number 230<br> -Section 425<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_WrittenCommunications</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>9
<FILENAME>Show.js
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
// Edgar(tm) Renderer was created by staff of the U.S. Securities and Exchange Commission.  Data and content created by government employees within the scope of their employment are not subject to domestic copyright protection. 17 U.S.C. 105.
var Show={};Show.LastAR=null,Show.showAR=function(a,r,w){if(Show.LastAR)Show.hideAR();var e=a;while(e&&e.nodeName!='TABLE')e=e.nextSibling;if(!e||e.nodeName!='TABLE'){var ref=((window)?w.document:document).getElementById(r);if(ref){e=ref.cloneNode(!0);
e.removeAttribute('id');a.parentNode.appendChild(e)}}
if(e)e.style.display='block';Show.LastAR=e};Show.hideAR=function(){Show.LastAR.style.display='none'};Show.toggleNext=function(a){var e=a;while(e.nodeName!='DIV')e=e.nextSibling;if(!e.style){}else if(!e.style.display){}else{var d,p_;if(e.style.display=='none'){d='block';p='-'}else{d='none';p='+'}
e.style.display=d;if(a.textContent){a.textContent=p+a.textContent.substring(1)}else{a.innerText=p+a.innerText.substring(1)}}}
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>10
<FILENAME>report.css
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
/* Updated 2009-11-04 */
/* v2.2.0.24 */

/* DefRef Styles */
.report table.authRefData{
	background-color: #def;
	border: 2px solid #2F4497;
	font-size: 1em;
	position: absolute;
}

.report table.authRefData a {
	display: block;
	font-weight: bold;
}

.report table.authRefData p {
	margin-top: 0px;
}

.report table.authRefData .hide {
	background-color: #2F4497;
	padding: 1px 3px 0px 0px;
	text-align: right;
}

.report table.authRefData .hide a:hover {
	background-color: #2F4497;
}

.report table.authRefData .body {
	height: 150px;
	overflow: auto;
	width: 400px;
}

.report table.authRefData table{
	font-size: 1em;
}

/* Report Styles */
.pl a, .pl a:visited {
	color: black;
	text-decoration: none;
}

/* table */
.report {
	background-color: white;
	border: 2px solid #acf;
	clear: both;
	color: black;
	font: normal 8pt Helvetica, Arial, san-serif;
	margin-bottom: 2em;
}

.report hr {
	border: 1px solid #acf;
}

/* Top labels */
.report th {
	background-color: #acf;
	color: black;
	font-weight: bold;
	text-align: center;
}

.report th.void	{
	background-color: transparent;
	color: #000000;
	font: bold 10pt Helvetica, Arial, san-serif;
	text-align: left;
}

.report .pl {
	text-align: left;
	vertical-align: top;
	white-space: normal;
	width: 200px;
	white-space: normal; /* word-wrap: break-word; */
}

.report td.pl a.a {
	cursor: pointer;
	display: block;
	width: 200px;
	overflow: hidden;
}

.report td.pl div.a {
	width: 200px;
}

.report td.pl a:hover {
	background-color: #ffc;
}

/* Header rows... */
.report tr.rh {
	background-color: #acf;
	color: black;
	font-weight: bold;
}

/* Calendars... */
.report .rc {
	background-color: #f0f0f0;
}

/* Even rows... */
.report .re, .report .reu {
	background-color: #def;
}

.report .reu td {
	border-bottom: 1px solid black;
}

/* Odd rows... */
.report .ro, .report .rou {
	background-color: white;
}

.report .rou td {
	border-bottom: 1px solid black;
}

.report .rou table td, .report .reu table td {
	border-bottom: 0px solid black;
}

/* styles for footnote marker */
.report .fn {
	white-space: nowrap;
}

/* styles for numeric types */
.report .num, .report .nump {
	text-align: right;
	white-space: nowrap;
}

.report .nump {
	padding-left: 2em;
}

.report .nump {
	padding: 0px 0.4em 0px 2em;
}

/* styles for text types */
.report .text {
	text-align: left;
	white-space: normal;
}

.report .text .big {
	margin-bottom: 1em;
	width: 17em;
}

.report .text .more {
	display: none;
}

.report .text .note {
	font-style: italic;
	font-weight: bold;
}

.report .text .small {
	width: 10em;
}

.report sup {
	font-style: italic;
}

.report .outerFootnotes {
	font-size: 1em;
}
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>12
<FILENAME>FilingSummary.xml
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<XML>
<?xml version='1.0' encoding='utf-8'?>
<FilingSummary>
  <Version>3.25.2</Version>
  <ProcessingTime/>
  <ReportFormat>html</ReportFormat>
  <ContextCount>1</ContextCount>
  <ElementCount>22</ElementCount>
  <EntityCount>1</EntityCount>
  <FootnotesReported>false</FootnotesReported>
  <SegmentCount>0</SegmentCount>
  <ScenarioCount>0</ScenarioCount>
  <TuplesReported>false</TuplesReported>
  <UnitCount>0</UnitCount>
  <MyReports>
    <Report instance="el-20250820.htm">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R1.htm</HtmlFileName>
      <LongName>0000001 - Document - Cover</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.elcompanies.com/role/Cover</Role>
      <ShortName>Cover</ShortName>
      <MenuCategory>Cover</MenuCategory>
      <Position>1</Position>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <LongName>All Reports</LongName>
      <ReportType>Book</ReportType>
      <ShortName>All Reports</ShortName>
    </Report>
  </MyReports>
  <InputFiles>
    <File doctype="8-K" isOnlyDei="true" original="el-20250820.htm">el-20250820.htm</File>
    <File>el-20250820.xsd</File>
    <File>el-20250820_lab.xml</File>
    <File>el-20250820_pre.xml</File>
  </InputFiles>
  <SupplementalFiles/>
  <BaseTaxonomies>
    <BaseTaxonomy items="22">http://xbrl.sec.gov/dei/2024</BaseTaxonomy>
  </BaseTaxonomies>
  <HasPresentationLinkbase>true</HasPresentationLinkbase>
  <HasCalculationLinkbase>false</HasCalculationLinkbase>
</FilingSummary>
</XML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>JSON
<SEQUENCE>14
<FILENAME>MetaLinks.json
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
{
 "version": "2.2",
 "instance": {
  "el-20250820.htm": {
   "nsprefix": "el",
   "nsuri": "http://www.elcompanies.com/20250820",
   "dts": {
    "inline": {
     "local": [
      "el-20250820.htm"
     ]
    },
    "schema": {
     "local": [
      "el-20250820.xsd"
     ],
     "remote": [
      "http://www.xbrl.org/2003/xbrl-instance-2003-12-31.xsd",
      "http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd",
      "http://www.xbrl.org/2003/xl-2003-12-31.xsd",
      "http://www.xbrl.org/2003/xlink-2003-12-31.xsd",
      "http://www.xbrl.org/2005/xbrldt-2005.xsd",
      "http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd",
      "http://www.xbrl.org/lrr/role/net-2009-12-16.xsd",
      "https://www.xbrl.org/dtr/type/2022-03-31/types.xsd",
      "https://xbrl.sec.gov/dei/2024/dei-2024.xsd"
     ]
    },
    "labelLink": {
     "local": [
      "el-20250820_lab.xml"
     ]
    },
    "presentationLink": {
     "local": [
      "el-20250820_pre.xml"
     ]
    }
   },
   "keyStandard": 22,
   "keyCustom": 0,
   "axisStandard": 0,
   "axisCustom": 0,
   "memberStandard": 0,
   "memberCustom": 0,
   "hidden": {
    "total": 2,
    "http://xbrl.sec.gov/dei/2024": 2
   },
   "contextCount": 1,
   "entityCount": 1,
   "segmentCount": 0,
   "elementCount": 23,
   "unitCount": 0,
   "baseTaxonomies": {
    "http://xbrl.sec.gov/dei/2024": 22
   },
   "report": {
    "R1": {
     "role": "http://www.elcompanies.com/role/Cover",
     "longName": "0000001 - Document - Cover",
     "shortName": "Cover",
     "isDefault": "true",
     "groupType": "document",
     "subGroupType": "",
     "menuCat": "Cover",
     "order": "1",
     "firstAnchor": {
      "contextRef": "c-1",
      "name": "dei:DocumentType",
      "unitRef": null,
      "xsiNil": "false",
      "lang": "en-US",
      "decimals": null,
      "ancestors": [
       "span",
       "div",
       "body",
       "html"
      ],
      "reportCount": 1,
      "baseRef": "el-20250820.htm",
      "first": true,
      "unique": true
     },
     "uniqueAnchor": {
      "contextRef": "c-1",
      "name": "dei:DocumentType",
      "unitRef": null,
      "xsiNil": "false",
      "lang": "en-US",
      "decimals": null,
      "ancestors": [
       "span",
       "div",
       "body",
       "html"
      ],
      "reportCount": 1,
      "baseRef": "el-20250820.htm",
      "first": true,
      "unique": true
     }
    }
   },
   "tag": {
    "dei_AmendmentFlag": {
     "xbrltype": "booleanItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2024",
     "localname": "AmendmentFlag",
     "presentation": [
      "http://www.elcompanies.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "terseLabel": "Amendment Flag",
        "label": "Amendment Flag",
        "documentation": "Boolean flag that is true when the XBRL content amends previously-filed or accepted submission."
       }
      }
     },
     "auth_ref": []
    },
    "dei_CityAreaCode": {
     "xbrltype": "normalizedStringItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2024",
     "localname": "CityAreaCode",
     "presentation": [
      "http://www.elcompanies.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "terseLabel": "City Area Code",
        "label": "City Area Code",
        "documentation": "Area code of city"
       }
      }
     },
     "auth_ref": []
    },
    "dei_CoverAbstract": {
     "xbrltype": "stringItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2024",
     "localname": "CoverAbstract",
     "lang": {
      "en-us": {
       "role": {
        "label": "Cover [Abstract]",
        "documentation": "Cover page."
       }
      }
     },
     "auth_ref": []
    },
    "dei_DocumentPeriodEndDate": {
     "xbrltype": "dateItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2024",
     "localname": "DocumentPeriodEndDate",
     "presentation": [
      "http://www.elcompanies.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "terseLabel": "Document Period End Date",
        "label": "Document Period End Date",
        "documentation": "For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD."
       }
      }
     },
     "auth_ref": []
    },
    "dei_DocumentType": {
     "xbrltype": "submissionTypeItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2024",
     "localname": "DocumentType",
     "presentation": [
      "http://www.elcompanies.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "terseLabel": "Document Type",
        "label": "Document Type",
        "documentation": "The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'."
       }
      }
     },
     "auth_ref": []
    },
    "dei_EntityAddressAddressLine1": {
     "xbrltype": "normalizedStringItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2024",
     "localname": "EntityAddressAddressLine1",
     "presentation": [
      "http://www.elcompanies.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "terseLabel": "Entity Address, Address Line One",
        "label": "Entity Address, Address Line One",
        "documentation": "Address Line 1 such as Attn, Building Name, Street Name"
       }
      }
     },
     "auth_ref": []
    },
    "dei_EntityAddressCityOrTown": {
     "xbrltype": "normalizedStringItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2024",
     "localname": "EntityAddressCityOrTown",
     "presentation": [
      "http://www.elcompanies.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "terseLabel": "Entity Address, City or Town",
        "label": "Entity Address, City or Town",
        "documentation": "Name of the City or Town"
       }
      }
     },
     "auth_ref": []
    },
    "dei_EntityAddressPostalZipCode": {
     "xbrltype": "normalizedStringItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2024",
     "localname": "EntityAddressPostalZipCode",
     "presentation": [
      "http://www.elcompanies.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "terseLabel": "Entity Address, Postal Zip Code",
        "label": "Entity Address, Postal Zip Code",
        "documentation": "Code for the postal or zip code"
       }
      }
     },
     "auth_ref": []
    },
    "dei_EntityAddressStateOrProvince": {
     "xbrltype": "stateOrProvinceItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2024",
     "localname": "EntityAddressStateOrProvince",
     "presentation": [
      "http://www.elcompanies.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "terseLabel": "Entity Address, State or Province",
        "label": "Entity Address, State or Province",
        "documentation": "Name of the state or province."
       }
      }
     },
     "auth_ref": []
    },
    "dei_EntityCentralIndexKey": {
     "xbrltype": "centralIndexKeyItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2024",
     "localname": "EntityCentralIndexKey",
     "presentation": [
      "http://www.elcompanies.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "terseLabel": "Entity Central Index Key",
        "label": "Entity Central Index Key",
        "documentation": "A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK."
       }
      }
     },
     "auth_ref": [
      "r1"
     ]
    },
    "dei_EntityEmergingGrowthCompany": {
     "xbrltype": "booleanItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2024",
     "localname": "EntityEmergingGrowthCompany",
     "presentation": [
      "http://www.elcompanies.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "terseLabel": "Entity Emerging Growth Company",
        "label": "Entity Emerging Growth Company",
        "documentation": "Indicate if registrant meets the emerging growth company criteria."
       }
      }
     },
     "auth_ref": [
      "r1"
     ]
    },
    "dei_EntityFileNumber": {
     "xbrltype": "fileNumberItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2024",
     "localname": "EntityFileNumber",
     "presentation": [
      "http://www.elcompanies.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "terseLabel": "Entity File Number",
        "label": "Entity File Number",
        "documentation": "Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen."
       }
      }
     },
     "auth_ref": []
    },
    "dei_EntityIncorporationStateCountryCode": {
     "xbrltype": "edgarStateCountryItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2024",
     "localname": "EntityIncorporationStateCountryCode",
     "presentation": [
      "http://www.elcompanies.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "terseLabel": "Entity Incorporation, State or Country Code",
        "label": "Entity Incorporation, State or Country Code",
        "documentation": "Two-character EDGAR code representing the state or country of incorporation."
       }
      }
     },
     "auth_ref": []
    },
    "dei_EntityRegistrantName": {
     "xbrltype": "normalizedStringItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2024",
     "localname": "EntityRegistrantName",
     "presentation": [
      "http://www.elcompanies.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "terseLabel": "Entity Registrant Name",
        "label": "Entity Registrant Name",
        "documentation": "The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC."
       }
      }
     },
     "auth_ref": [
      "r1"
     ]
    },
    "dei_EntityTaxIdentificationNumber": {
     "xbrltype": "employerIdItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2024",
     "localname": "EntityTaxIdentificationNumber",
     "presentation": [
      "http://www.elcompanies.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "terseLabel": "Entity Tax Identification Number",
        "label": "Entity Tax Identification Number",
        "documentation": "The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS."
       }
      }
     },
     "auth_ref": [
      "r1"
     ]
    },
    "dei_LocalPhoneNumber": {
     "xbrltype": "normalizedStringItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2024",
     "localname": "LocalPhoneNumber",
     "presentation": [
      "http://www.elcompanies.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "terseLabel": "Local Phone Number",
        "label": "Local Phone Number",
        "documentation": "Local phone number for entity."
       }
      }
     },
     "auth_ref": []
    },
    "dei_PreCommencementIssuerTenderOffer": {
     "xbrltype": "booleanItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2024",
     "localname": "PreCommencementIssuerTenderOffer",
     "presentation": [
      "http://www.elcompanies.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "terseLabel": "Pre-commencement Issuer Tender Offer",
        "label": "Pre-commencement Issuer Tender Offer",
        "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act."
       }
      }
     },
     "auth_ref": [
      "r3"
     ]
    },
    "dei_PreCommencementTenderOffer": {
     "xbrltype": "booleanItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2024",
     "localname": "PreCommencementTenderOffer",
     "presentation": [
      "http://www.elcompanies.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "terseLabel": "Pre-commencement Tender Offer",
        "label": "Pre-commencement Tender Offer",
        "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act."
       }
      }
     },
     "auth_ref": [
      "r5"
     ]
    },
    "dei_Security12bTitle": {
     "xbrltype": "securityTitleItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2024",
     "localname": "Security12bTitle",
     "presentation": [
      "http://www.elcompanies.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "terseLabel": "Title of 12(b) Security",
        "label": "Title of 12(b) Security",
        "documentation": "Title of a 12(b) registered security."
       }
      }
     },
     "auth_ref": [
      "r0"
     ]
    },
    "dei_SecurityExchangeName": {
     "xbrltype": "edgarExchangeCodeItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2024",
     "localname": "SecurityExchangeName",
     "presentation": [
      "http://www.elcompanies.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "terseLabel": "Security Exchange Name",
        "label": "Security Exchange Name",
        "documentation": "Name of the Exchange on which a security is registered."
       }
      }
     },
     "auth_ref": [
      "r2"
     ]
    },
    "dei_SolicitingMaterial": {
     "xbrltype": "booleanItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2024",
     "localname": "SolicitingMaterial",
     "presentation": [
      "http://www.elcompanies.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "terseLabel": "Soliciting Material",
        "label": "Soliciting Material",
        "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act."
       }
      }
     },
     "auth_ref": [
      "r4"
     ]
    },
    "dei_TradingSymbol": {
     "xbrltype": "tradingSymbolItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2024",
     "localname": "TradingSymbol",
     "presentation": [
      "http://www.elcompanies.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "terseLabel": "Trading Symbol",
        "label": "Trading Symbol",
        "documentation": "Trading symbol of an instrument as listed on an exchange."
       }
      }
     },
     "auth_ref": []
    },
    "dei_WrittenCommunications": {
     "xbrltype": "booleanItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2024",
     "localname": "WrittenCommunications",
     "presentation": [
      "http://www.elcompanies.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "terseLabel": "Written Communications",
        "label": "Written Communications",
        "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act."
       }
      }
     },
     "auth_ref": [
      "r6"
     ]
    }
   }
  }
 },
 "std_ref": {
  "r0": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Exchange Act",
   "Number": "240",
   "Section": "12",
   "Subsection": "b"
  },
  "r1": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Exchange Act",
   "Number": "240",
   "Section": "12",
   "Subsection": "b-2"
  },
  "r2": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Exchange Act",
   "Number": "240",
   "Section": "12",
   "Subsection": "d1-1"
  },
  "r3": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Exchange Act",
   "Number": "240",
   "Section": "13e",
   "Subsection": "4c"
  },
  "r4": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Exchange Act",
   "Number": "240",
   "Section": "14a",
   "Subsection": "12"
  },
  "r5": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Exchange Act",
   "Number": "240",
   "Section": "14d",
   "Subsection": "2b"
  },
  "r6": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Securities Act",
   "Number": "230",
   "Section": "425"
  }
 }
}
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>ZIP
<SEQUENCE>15
<FILENAME>0001001250-25-000097-xbrl.zip
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
begin 644 0001001250-25-000097-xbrl.zip
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M*VK%$W1&3U9$X>XRIRO\I!N!;3]"<X "B#AL<"K\VI>@^=M1$DH^;4?>\K:
M$18,34D6\^@&^YGO!P[LIBR@MY2OB09FXB6]35& K<&54;S_R+[W P:5!Z F
M,Y0JI::IF8Y1=9X"I)?"@5=TTLUBIZ[BPF70J@":J5F.4:L[]KVXO3P17MGC
M%( '2@Q)Q$DD1[!;_PDN@/#\U$F 3<]?%-G#%RA?&\@&JV3L"SQ;)"@[).6#
M;T+@LRUMM]<GG7$<1%-8V&6V)^>1?KB.H;<)J*Z$3/>YVN,%-F##%<-JMJ8;
MP^VPUZ]CCOU7D2W/XTR([*^/T)^9J\?C4O.X>@P",Y0CT@*'-5G9@8^VB%0M
MC=>&CQ?\*KJ=[?.U4A.I_T_$O^QL%*7M+O@E&!6^.L<M:'/4-\_ESEG1PXJC
M(.?ND7[9*6-=1H!Q\%\_3HV^+$!IP,YKF)6_R::;08$;;,R!$?V8!H1-F)M(
M_P:=3=#33&RS&[T\IMH #3 &0<Y8LSL]SV%<L5C!/"CRXYN:91Z?"")9P.)1
M%#(2*N/B"(VI(,%U(."[4%@GC^U'_.-K T.HO%M TI)(FZ6F95IW!5HKWNO'
M"/CQ$A%<MM)-J]2L'%N:8QFK>2;;XKDA+K-'RW >2=**XP"D$]A_/V:Z(6#V
M'G93L#73B!E7FRM\I:FV _X?DO1<P2,"MU\24)''O M%O/],!-BPTZV7;KG=
M$R+2'C'WB\I"I#%8%:#LT=L:1!,R8$%TBXA@(>)&:MH',O0#5 ^^ %TA6>@!
M4C("L,9)(&G(HD0$4R+ A!?#J6J9-8@&0"?-G38L6(A6)B'&86DXS<N&40"#
M8SNT='ST@@0Y$(R17UC(..Q%W1#:)JD7V-(M/9WN8>-5+E)QC?0;]R4L"SJ/
M29BY4F+5B!Q$43"@@+&$E9YI+1L/ ^K'CG-R5VF1K%\8>K%C$B\<W/42\%(=
MJY*MIEP^L,-SN@/SF+3?]XAE&SI4W#H0O;>H]R/0?4!G>/T)I =$*"@*N;,9
M\GFG9)SUNHJWZ5#8;18@7SH8G0'N@+.G:KX>S"\Y0R['-$>53("ZB%\,A[@+
M%\.^LAE[Z%QS%WI_D.]-Q].L@\%AL95(ZQZ2-:EQKV0YND(DC#]B4:J[7!2;
M:<Z!6VQ1LKJ;=_G,0]%4IF9#P[/+8CO(YH9/N)(+JCC=>!F'K3M>EWBA^#C;
MB &FS5OJ>L)>1 *G[>BURHY.YBP=^'4W)W,UO7;\B).YE112C A"$PL@) +V
M$6^61;J08[JV_&5$QZ_P4D&:G>*.B M6NB@0BOB[@,.I<N'[T_$@"@X*16F*
M0I.*^BL&[SS+I5",Q?+= M3B[<B'7^:Z\^&XWPJZL\#[9O1>.V]N85.G&];4
MM 9*VF<6PC$XK2CPI(69.V-8FKZ,W"]'Y)^Z89*8<G)#@]6X?W$A^+Y,6RQ3
MIFQ273-;HUJIV?GXO"OPZC75]J*4&[]I5MQ=>QR5W?*9DKEPJ)0*V<Q^?O@4
M9&,L?"_,X6[HH=_ R&!*7!4" ]OS"RAYII(,[L2G?$%@=N!TH'EZ3:YY="M'
MZ'[$&+.B@GAL"$.H3+LT#&)4<@OZ3@PDS56VR0&F71Z?J%!(7ME7.7HQYNAA
M<#+U8:R!9JWI:UT"]*Q3]&?F[:#;7=_!J1<".2=&?Z4^56<#0VQ[[ICW\XOJ
M)DU'G19TF"UCL\/\5+"_"(^O^)6]8IO3/3?T"J9HI+O&OC%U=WB/KL,3PK6*
MTU^)Z8] +;* N?C201BI"$,BF*H%L&0G!WC=W5=1A_2J+O*\&BN8XN#JA024
MJ!#(@A+.;GP![4#9TM#%@"AU74S0Q,IX\=VCW!/IF8&W*;QA']!9>&-1B^II
M(OQ,F'8B.P7VPPQ]!YD_CE(X&IP%%$_:-UX=SDVD>1,Z "LFD:M-'KHWG/Y_
MQ.<47C-MP!G]HM$AZ.\&#6[I5*"$[-,=YZ<]F%E_\MF5;$PLW;!(CXDDD"IA
MX@)X.0M) D>2]S-F;4<@/%BPYU'?BY"D]UE2B<@OM1R1(O<GR $*%N886,9)
MMI>I;^;)(1A2(@&YI""BF%T"7,XH* 4:AB#%KCI8! SGXLTS5%$MI"4"]&?Z
M',HP"0*"-W$4RL,HX: L_DK4'0==337O/LUJ@/GAS!:FI)(@&+ .GJ^HV:AW
M64!9+(]571@K9. MT("E:^OY*'&>^A5*0Z! H"I3H6E0-F)$.=/!4W6C>':X
MN4P[VI924M"E'@'3D\'H%,V[D3_P):G7=5.-I Y<\TS7K"I8FZ"%9Z\]K)I9
MS\56]PA+'9WTN4BH=#<,YJ=X9F2+?3\7P4N)^5SW^SK-(ZTET]#K]?7!ZTU!
M[4V_6WK%L'82'J_6]5IMN\$WTF<_>)WF 6OPL?FX3YP#F2N2\T@O$'_Y^F2]
M?:+]'1,N]^.E'7<+VM<GG->*/>!A+D655A_O^"K\=S_.2V/V]2$QW"V?G\OO
MS[C?C,IP^"U02:?M,3>[(M-0A^%8"V9"\VDL/1C$4IUQ\IQS(_D+5W\YPRG:
M>]FD8%?21Q)@OE165"^UHHZ(IZRB.]>PC_*7 QZ^]$N_(DU^O:*H[OW%E-<A
M]*;A/+_,/S'-[0@F0B[!40?V!7\'I!;3\M]12=/;8@=L/&">E[TR"8X".AY=
M94L2]1JEESU\</@HLV!]1..K\I4?:/;-HR1K-6'V=-K3WI):[W)8!2-2#P6D
M7DG(Y[ERW?O=7\Y;5Y][Q=X4>W&9QHLO\:0!W;\2GV<>>K%3J*-UD6 O":;$
MI0E&;]6)5)I3C\,,P!D&FJ$@2M^I&+ 1#888VL".E$F05<"@1Q)"&]4=3>0H
MXD"<M_F ::=K\<0/8=BZ9=2W==P=O5:]_Y1CFV2T!PY,"G>E5^S=O*CAU/"X
M=!=^^]?85-7'V@O/\E3#U:\=TNE?@0%LF"<=\K'U^5VGA\\+7K;.\=7![GE[
MV0AXL3>M7_K$=V25/DLZ"CZ<U=C"EGSL(>E6+O6W(G;=\<C6_N,^K^;/TV^V
MED],25F42>O+R ](?\3]&RHDO:';)&\^BX;XBA2UO4'^Y:'^$E#MS"[A_]MW
M&5Z*$>JQ=75^UA[Y;+APO':A[NGS[\#OXN+_Y>PAA#G "'IKGH.2X;W-TP"Y
M]ZX26BW'UNW*0]E8WZCP>Z@E<X+MW8=:RND_?*'^K8SF_P%02P,$%     @
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M J"2EM0LF1@Y=[T(.T@+Z72U,)[+24P+YY2E-==UTS/_D0* 9_5-U3;W9W7
M/ B4(AH+,1 EPIL4C!,(-(X8K<\TS\9)8X 3@X0BIBN47?,\"=E<V;OS0/05
ML7A(/W^[63ML<N.07)(:E+!(67AP8#7+:#24WSGD5LAT!X+Y#OP@J<BI2V47
MW$Y").^*$A]]Q\1Z1Y2 LU1LB8262Z>% Z92IU+#43JQ UU\01PD!35U*;R2
MP4E$_S0$8GWS^$55&R9Y9"*-5(^#U"D-@A9+T$GT$)RT06J=!,EV((,7H ?I
M(9NZ'L9R.B5AG-'A^^:JOJUR)Z3RD7,PWFM*H7T QQP'9>E0&,ZDSW8GBR_
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ML&B-#O>ZS"O"V1PZ\MG[Z"_G7=L?.73\WG;%'L5#YT/J]0&^'1X$?/@>P?O
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M,<#?"O$)[A*0O\#3(2X#(HP],2L,&.&A!Y"()/F#[0-9$MXC'Q@-@>5O&$
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M^<HW-JJ/-\&=N8L$ AD,G*6GZ>,_<\82V?^3OGG9">>KIO;G:&:U4"G79S*
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M&>0NP?O4\3ENW E!,I W9JT5OQ8'/?;['NM3''V9\7X$0X >]I X\+J^#(/
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MJ,]P!9!K&Y!IK95.\.KW:^99S VH*'[T&+$P%"EC#-PEU"6V"_"VNR%U")S
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M/@ ,8'%Q9'SQ_]@!(,,ERO"-$E8BIN:KW!=^T':&& ")+(98D/:P_PW(8;:
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M/">$IA8*!K;7+2+WC@&Z'?!MIE;,40*WM,Q=U-H<1>Q\MD9](EI[HQ_!04^
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M(RDB)#P\9JK'9)[Y(7JE"/09_S'P%^JM.LRQ;I)16%=$DP3\K5%(H%0#?MV
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M^ JFP2YVBVX.(2YGE+BB8H'IT+[]C,[X1VZ\H-[S:9'>\(W"HC/EAJOFVF
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MA_JH,@^62%=U'.\%O0,<$7L+ESB9  4"WDVH"TH_=Z+ J='652R?CH33#+@
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MV@#P+!G9BTA# KIPIP9XG6 47?]^<_,UE=8]@Y]%V, Y[8O,*A+-JD<@J#L
MHQ)5'62$$!3R)B6U>76*M:AO596D[!53MWAA"I-*L#G'%F4%<7$#SU+//D&,
MBS/,.N).8Y%)3Y@;4&$/)C]'<1-K14LY[ZE,=R"_M6'(7/ &<3$%.S!S+XJ*
M!GAVI;XQPARI^%5;3M!"28A$SX"ZZ7ND#<XMZ:KKG?LVD7>VA+_8IW-DARZG
MP!GZWEE8G7^[7+KF MF''(0\[PI7C\E<53X3%^Q@QDB'(&0H+T,@F$^8!&S%
M^=CY^9=XF<@/4U? & J&O[T1UOGP/[$TX9''?BMXT4:NR"JT'.84!C!YK/ E
MX43H"+<1TX%5N0%R.M=Z99>,H7&Q+59L09UY(*()Z'%.T#AAD4)#(<XKL*F-
M(-Y\#D1GKBXQW65%[L450"S&$2V*>&"'*8+!6BS;X=DQ("Y0!6+! =0XQ74F
MU *J]N"],HT32,*DZCN.)ZP",)5:0$2^"=\Y<YR#V)H"0P&:>2:^S:Z+25%0
M>VT+(R"PZAQ%J!4NX7>R_#;B3'GF4^B >B(_+[PUM$/4^I-'HH#9 !P[%K*9
M;5Y@LRAA0KQ$!M5*RH_$*')5^=?4%EIH"MD#0!0_6&8HZ=>.(X>]AJ$ "R.%
M"? 8G%\3W,:H#G.+,\D&=@+2G\=8(D^!8W4]=A@!Q0+VH,1\C2^2:P.KA3B[
MZV_@<2[).>=B,8V0)_AP70 /M!ZRW2RR>JJ>LUE3B43=XC8Y>5)6= @X[7A#
M@!6HPG;06B0-S<A_/!]!)&)(B0 2ZB2KVH]"1 OV^S\P^C52'A'DF.EFH9D$
M1T?K>.R@ "1Q:4&BB'(CQT)"%Q4+?%\6F#ID/,[B:3%)PLX$IX%U&7GY3+XL
M,Q&!."EILF@5L6!4":8RGLC2\'B6+=/I6/6?H&S6\Y4MLBKF5J-#2U5E"Z[/
M_!3\=%C/N@H+!,$RQ!@/89P:KFOLDQE]\?SO;'\\]A:OFN:VXMI2_#]I0+#E
MVF[A?5A1M]A.^@R"UR]N(%8S.$?DAL%X]3:G!&T,#"FS8DCQ B$(,-Z8B(*E
MI&PTSGF>I+5U4V@.H/@2JI@PG,6:R4ZC@.>Z)4GF,1/',!W6XHKTZUVHN=#5
MF,4F+/GUPZ1"AVM+6B28P@U[+R"31A.F%B;*H*JLY_">E@G%SU7%\6WJJCGH
MG=SGVU?[>K^ 53OFZ?W3/;7;ZS8< L8@^\F=#GI=*RBXB"X!ZI]6HN?KW?IM
MR>)+.#'3RY!)?8F5M"\@J1Y1W&7RAU*<Y^H/EX!\!&'T;HOC<B5HK6M;:IIW
M-WH]I#=H=[$^L;Y/?#!L1]<)A(!3C=\?]>+B\7+,_G>\+W/S/3ZQ1)C///OE
M#M7\8_&NV/UB:@ZO-C;:&_!N!;5\[V6M'_0ET2"=^5$JL'ZE/KX<5*IR7_\M
M4^YV7+RD^1TTSU/>JD/TG. O2?H;>XQ+ME"6?6:RA<UZB-8_3 \I2U>2!"AL
MN5^P\-BV<@0NK]ZR;'$>;PS>[2:B<[-1CD&9Y'%VO,+ 8IY9GV5@+"6$G5DL
M["H/'XE;I\*M'>G8YU#W>')-@<DHFT&Q[B]8=KGD.]_&\3<E.N7;XTZW<Q+-
MA8YEM$RMB(E,^?*8MD[TR4T7.6?]< A+Y*P2<O9[C43.["EBAR!JF:[T2M/?
MG16D9S_AS]N/=[@&()G018ZEF2T#2YR:QX6DB*P =G9:W781(QE+CYTUEI']
M'2+R.+.Z2N+S<*OZ4$_IF4EHK::6YU^Q$I,D(G^S2%W-X:^Y>+_MTPQ/WO^%
M)YLL?SJT*IR(-K/E;_$PJKUK"W+,IB\I+\T(.!A9O+0@&50IZ+ ,6?U] 8.5
M,^"T!WD7.$!;XF()H:-= @NEY%BY!:YJ@+Q(O/JM)#,PAVRHG :^&0I&RVSW
MI6U3"&3[O>V4?B;(GEH2U>1^F+?+*,,%U0[UF:MF4 ;02OF7>4GWV54X2=&0
MY];.2M)[4C4MM9ET-(1.E0Z3@4#:SVL(5&-+3M^N'$J:N2C-Y!%JQTJA,Y/3
MF<7N9?J+/XC6)5M,SQ/NJ=#N4$G6RG)F\_)U+?I,5CD98/-=[@BW'G7TLK(\
MHV7T<]FVQYS^-,%\B7IU0[V<;I5+H%ZV(KAY-Y72<ZZT3*]^[D.6*"B_^9 [
M<MJV(E4=$MXDHTG[!SNEY312R-4:]W([4*64.[64VY62MA7B>2SQ*@G 72UC
M3ES15>!(<K9@WO+=8VWA(FYMKP,L7 R+YG1) \]TQ[I%[S7_X$PJWC@26Q^F
M>C'R)E^L$QVQ_HQL#L^@I< =4];",&ZRRN=$6X['&B;RQ5)M7E-]*%F;S&W1
MBN4^:<N]17&=+ROM&5F?O#5 B>%F20M0;(K&&YBQ]FC\1_RH=H!=Z%BSP%3S
M2-8P,+O)>&:SX>5N9+JAFCG;F,DI2,EW<@J2M@Y@.06IK%.0=#D%Z7)3D#+X
M[=G;/_;;G0/;/W8[1;0I[ T&130_U/0BVC]V\C4_K"\$C&Z^O3:T_2/PUUO1
MWO@VW0O[<;DO_R?6L/@N;EA\(_KRE[LSY*^+H0%\)JDHAV@IM_',!?CJ@>GK
MJ=*:[#ZZI3A5JM]E(='0?B>/\,LP 0U5V\#6M\=#98?.JG3KDQTZ98?.&K3B
MDS1?XPZ=LC>G9 C5[,U9 K?X<EO.%OJ_Z9R-W!"#2< X(-D)OK*7HNRE*/MT
M2MPJ)^QDGTX.BM]]+PAPE;$=RE:=94Y_R4#EEMF1?<@D<I84.7L]V8;L:$3=
M^,)S]*:Z>+?.RQU2-NRL%RO2VJW.H-=$7B0%906P4VMI?;.)V%EO2=DI0\_.
ML@C1>G<)D3T[3_="V7EFD:!SL=Z<V]QSQ1[ZRCQMWYGD)#6"47&=-+*AU>@^
MG1W9W&57_YNRMG5IE,1(>G6F/?O9[3HK:AT>5/]:?NLP@[!:9F<[<4D/@L21
M7J]DS6G+:ZUG->W(]&N7U_ ^J#5'';S7C:)NK=WJMJ4(D$BR%4G0B=R5,N H
M&7"0Q[;:XF%SPNN1^:X7\UE*]V8IC=5MV6>?625P==MG;SY;3U?;Y8SHE;3)
M3LY$C,KCA::6-">J)GC1$#=U!G:9DNM(KK.1ZY0T^ZDF>"&U/)D8(2T'F1A1
MJ'>BK6HR-4*F1DB82PP]'$.E+-F>,L'=44V<< I&PB5&$5[8_UWW*[U$6D")
MKE3.=,UT%#4;,>I(Z[UF7^GQ2LY*%+0KHZ#2EU&T4_%A3M$UYD[BUJKWKN7-
M: [#H#R9-ON5:Y8LGR:C>L\8M(L<@"SO\\SWJ1N94]D:E_Z4 :+NB4=^EZ7V
M-%<*K*3$<Z%9KY^99R<Y:_7N<]"K8<[!D1IL!9@]_.>O[V2-O@Q%2_.MB%"T
MQ>=*U# .K>VH12E;I.]"B#'87HQ1D'"J==+C9D";.\I>2F7=7:HZ2#?+JBHU
M2EK\[GFC%QOG=2:"PG9#XDYLG*1&@H"&;(:G[:_,'ZJ/^##U(IIIU#%1Q.QM
MGZHNTYA.S"1;>B&B1.*F3& J\"J>B&-%,\6Q0WO")_F!% D=-K)/(1.?TNWF
M;'614.8=EAU:C1<IG>TI=57'SEMX;.C;&3#2] H@II0G&V=CX?2G,=@ARC-Q
M(HJ37S_>W=[??5:(]6=D\XF?UVSB)\5+\JSOBC?'#Z6@*0<I7\K3<,96B4V7
M+A(M\W=(,Z3_JP37D!1;+++>>+J;[%%9Z>93QB52CR6&5 =##/,2M4653,[+
MJ/[MGKCXMRP-R'(EYTG:+C%M:RW-O&3G0<G_JX CG;[L4'R<!-#[LCVE+,R2
MF7UG+\RJ9XO**TU33SQKIW1]N:IZ-5VUD.*S$MU,.7RWE[K?CEI("4R)[K>B
ME-=5]?H5LY0(+:2^(:M3I Y[-I9RJ>J42WF9=W2U*94GX5*14+5Q$?J+8>,9
MBRXJBHWM'0W*9&"^884I%RN0.B=;K&XF',#IO-6?C98@@RKI,Y=#RF+4/ID\
M7,%BE L=N[A,S-H1:W/+4"ZEVJA%E.I)O)2"I,CKD%4HI<#0BLKC]CE=+^60
M+A(O*X&79Y3%4KKL4X?2W,$?<A9 W6YTE]^H]C<JQWYL!%B_Z7A1.TK7VCO\
M\;6_4CGU0R;FE%D!W9PA!\\_VP'ZQ\>>+VJ@E2?R8STG)Z^94Z+#5;N=>:=^
M": 2ERXT=[V^J+1%'I1&9=I\*=CX7LX'*2_1#(SZ4HUDP.?=O-&M,3)5QQF>
M-0@HL_SP] 7-I:B$J;M5<S<>4RNTGYDIHWPC(56N_O*38;Z_>_K&_KMVWY7'
M85U33]R8I1286HNKJ7V193DBSY>ZW[XZJ/G]5I3RS)Y:PY%P)<(+Z5@]H(H6
M59+[V9Q8H>*Y29A?(;*F5F*8K*G-KA>M4/9P T#4$)4O*]I=H2*]2R'C]E:\
M,L-0%M2>)07MC'7=U4WI-YLXX>U2C+%?(>'10)0LNP@9V<\7N(X_U$=5&=$Q
M]7TZ4D*P8;GLP((H7F!+',=[(:Y%4Z9L<GELTW61*5=:3R_"XU<CZI75M1(G
M)4Y62:R<_3IDBP:I I:98!LH1 QIF90>+:4<R:JAS:YED%/=JCRSQ;Q$99E$
MD.H@2+<4,]UV:PZ[.:Y$LQ*CF2&GBTD,V2ZIC.U.Z[-S(JDL9BF+=T_?]NJQ
M4BD[KM-1BYLS??;35#@O-2,"J!?8;;Q$U]-L7TJ_&9=<41HTM )[6I?H>HK3
M!49V,'?(ZR^NY^YP637CEQ)<$EP27"7YI027!)<$5TE^*<%U"+CBGPA%KR/;
MP<F:LJ)+/3_:3H3>L2\T5*X^>4'P3KDCO@L;#Y2OU%=NO=G,<Y7'*?&I;!!W
MV<U?:6JGD)8/\D(O=*%JKY!& M5SV63 9U!(ANO9SR&;OI7W;JX,52ND6XMD
MJA?JLJBV^_7K 7*D3EMV1H^M,=_5M679OOU"D@XA-[)#B+3F9(>0S..J>G%)
M#_6!D>P1<JYQE^WMZ8(2'1$=99>0,MQ#T[N$J/WM*>2EHM7+53YIJE8$G&0U
MWN8T0;4GF]>4&RO++DADKY!+$[%J2AK.Y2F3I=X2+R5>5DN\G/TZ9,\02;!E
M)M@F"A+#E'A9=KR4@F3E.FZGQ)U0Q7:5,;%]9IE0Q1LK'^]N[^\^*\3Z,[(#
M&R7,M4\=@CEQ0>A9WQ5OCA\&RI5#@T )IU29>SZW:<+0MX=12-!E%GH*V#X@
MCMC?7,^U8$N^YS@8B;'=D/HT"(N;0C3TPM";U0O/DS/5"%IJNXB053:DRB&I
M)'96 UIJ(6WN\V!GV>759?QJ2?."=)IV9G[V>GN#$VZXH^IYTEKF'A>BOS A
M:C_3]]C[XEI7\<"K>$$"RC->],VNP.6[E!U02FD-M"_9BTEB2 4PI+O=7CQ3
MCYR*>H*N^E6;)9FS8<%N02VINL3WB;5(DO%+%-F:SM I19_&JG)^,[/ZJ8)3
MRO-(A7PVW6YTN8Q)E[*0V(*_V"&\SBK*9M**+'+9ZP!O/H E:E$W)!,:*&"(
M*A9&[;@3%?VDKF*[ &U[%!%'@1/8@;HC]V.?2\]?*" 7.7R1C;2I:QM9:U-(
M4"\1"?[F^2PX$4Y]2EE6;_A"G6>JS.#1::!0=P34^(_(I8K1;BEZ6^^PW]/Q
MF%IA@*&0N1<"$=O$<5Z5$3J<  [+09"6,J?^V/-G+),K0*>3$KEV"%_@&S'$
MX=O6(G;"OL.ER7SN>S_@\"&%Q3555P B#@OGXR*!\D)A*?K#<B+<YMCW9FQW
MEC>;1R$/_,,R-X'RC6+X!7Z#+TR-4,8 3%(X-1+N,L<+ MPRKC.+7Z80%L9Y
MY>\D<.+KY+2CB$5R\-4N#?GSMFM%+*]MQ,MJ6 @(;LT;!:KR-*4!73H$T 'F
MP/%%^)71T34!) +VN+01@$P4!B$<A"WK+=CF^DEH[/1;/<TF3LIH]7]87"K^
M'/X5(^B,^!/;O>9>V5\XB?,EAOA8>K6$/O?_+GZ;0%*S WB]3F4O]BB<"@Q.
M/R4VUUX\0H; H0 4:X\ 1V(AMV6V!E3HD'E ?XG_\#YNO&*[C'C80^^78=%9
M)W;&QOC7XLV#CMKF+Q?<4+Q8[$ME7ZWH:_P[0U=UP\C\NJUJF=]=:EDSU[([
M]+8E>9(9S&97:<\F"G'"O[\9>\",?*+^9SZ!=7QK]9,EY#*T^8]#KK+3GO]X
MDT,'.:!Z,:<83$(C*=Q?5=7SZ^5/]@R8RA?ZHGSS@$6#A%D1+EH[5SGN5^14
MNH$<]V]$ 8$R_ON;G^R^V3.&PXY&>N.!V1GVAKV>U3%'IMGM=#33'/^?^>9L
M>UPKG^7ME/3NW_Z'?,C'$=/_GOJ+^YO0ZZ%/R?=K,@9\^X4X+^0U6+ZA&>!9
MFJ]E<;&,F]S ,-?89NI1U*RI_^;L? [,]\/X7$]7!WH^SK'/LIJN:MKI^9RF
MJ=UNOF4W\KE!'MKG=WB.0&].$K]]^/+Q[LOCW4<%_O3X\.G^X\T3_.77FT\W
M7V[OE,?_O;M[>D0\O?K#)='(!AVDA?H9!5/A98IZC@OL>/1ND_V^PIVU;8W,
MSEBTOGEW>O?(W?G>RUK^!+&^3WPO<D?7R6V:@][X_='.[EQHM2WG;<S^5QA:
M+=D7>5H4'PZIC<ZO^D'1/);"#FP/LDE;*2*9<G"@O7OU%G/YA!499"?6G1O7
M!&J4#-TR@9O1C^6&L_R-[+T ^)Z"7K<)TX+I]>;Q$:5E[H[LAT'BN XLQW'-
M'()TFQPM^G#%@^B0'+1#;<$BM<&,Y&@23)E#S<(_T#\C^YDXF^IJ3I @6K*C
MGZ;7V04/H+<&A;1X6<O:E'=?NKLW6L9@>\;NZ2/%RWA1&Q9X8UF@NH2!XE.+
M OL;.K2%,8 <%1N52)?/"0:MU3&*&).3)UN^7G#L[>AT)"DS)RCOW6=013S_
ME6DH<]^;>>CR)8XRH[XUQ?!9L-:;O.;HI;?:O2*J,)M&IGI+ZTD!>A)0?O7I
MG !DZ(\Y=0-,!%JTG\3X.=;K8U.8/+7Z=4*QCBD)]7@H=O52D^FZ[VMHX#^'
M.;@N1MF;W5M/7@C"=G\BW@&3$Z?\7PYC-T.MUVIW!P4DB.4DF.W4<C2ZGI)-
M-1U/!GH1B83GP)/C8G"%,.)*\=LL3<J;PV9>6\K<(<AQ09%"G^P<$QU/X)2H
M)/%D.<"TGG[6&I,C%:]ZP=[8WO"ZM%RB.KS@ 3@!"3$_V*$DH H[^[4WOHX"
MVDQ[2FL-.MM)7EI4^>#8-[;WHI&NC[Q$RKP<C:3&7JL[**(7<].HL=_J]0\7
MII7P</!K,$I"R=M<'9LI^3+F:LD E%FJ?AQZE"3*GC%1;M#J#ZIJHA=G^$AZ
M:"@]Z%JKV^M5E!XN9XP>D+1==#9HA;)-9=;Q*AE\NK_Y]?[3_=/]W:-R\^6C
M<O?__7'_]._CLI OFT@K,XIK8Q+?BFCAB [7O-4RD;1TYN=9FA++>R_=O7?:
MN7HS2A=@[O3A.7G%W.&&N0&U%NA<T@UX"CB:V].O)44>&#ES;#*T<8Y0KCG8
M=4(JLY"YQ$TC3:,C1>4IHV66Y4?8HJNQ9&FT.KH,G9T"CF:YM=@&)0?O2<W-
MSOSLM$RC4U$WNLP0/B>>]-I5#3^6+_>O6DQW\Y5\\MS)=4C]V4;_:F,S4GLM
M0SOOK!&9#;R O=X]O.!99@/O2?>>]&XL*NUEA>5IX-C.-=%%>CCR>3AP!NQA
M9E&ML*I3R+CHYE%G=U#J;/T&.#D.)^AFVZ]:N]61^;/2T9$'4;K=(N8:-=/3
M$7>"Y[WQMZ6P'?=+*1FP.CM\E9)@%[2,5K\K/=Y2$.SV>!N:65$\*9\<:%+I
M7DHQ3_IFK'-F6;K4T-(E6<HG2_DD/2S.+$OY3E'*9YRI4.G\ U_7ADCF&?G(
M0&J[(^J&.-[E3>YGTH5VN9Z2PR6I'"Z9PETY7+(JPR5-.5RRT<,EVVJGTSEH
MN*2F:L;@]%,@#;6K%S)<<F#T\RY[C+^UFF,H'^\^W=T^*;<WC_^K_/;IX5_*
MQYNGFWW'3NX-N14.?X$!E8+ !,D<KM,=X([?N7I73F?<[FAZH<XS53[##Z>!
M<N?BN'=$63&U\3C4+''RRQDG-9ZE=4<1TRSSFMTYIZ.>D<RVSOO,8:B='8#F
MWK;DV>@@[U#-7:;!(<'62L54-S.,+S14KAPO"-XIE/@N;/J .815]$ONUV2B
M4N['#-&@M33#6!,)YTK6EUA4"RPRV]O+:"_G+KZX^I=X;,][(S>C_T1!B.,*
M B7T<*2BYUJV0W%VP2IKQQ_@QVST[-CQ7@)E['OI"@=BA?8S"^G^Y:=._WUN
M\5F^]EY%X4.YXO.;<>(CG0,>V,RCQD+S9.;!WO[+/FA85GQ?%OZ?!(J7G0G6
M;&H>4]^G(S#M+6]&E9#\:%QMRY4QZ&;IKI*"<T%0[W9V:/^2>HL8J3N;$]M'
M_0S#<!//&[W8CI.:V&F[(7$G-H:$&CG60FOI.\8Q2 +/99KU+EM2>C(B/U<M
M19.Y$B^;M4,Z:QJ[,0S9//,$P[S[A_N!2L5LJN.JOYV"FD ##/"E_#5,8V#:
M1"H=?]EW([TVU>#)'ZGELP8C5V#HL3^]P\LF<;MCGUK4?L8TH!,,)JT>QS&V
M-^N5?#N?%=B75N E:1L(VG:?P1KT_%?&MN>^-_/0+TL<949]"[@\@*1Q3<W[
MLG/)"1J#=2\[U_#B6EDJ,T4L(2Y6G^^1?GU*?GN?B/)1B@5XJ2FFR\)\<Z"M
MGNAZI6G2IWL4UZQG4*;"Y![+>=3<%^1.5B:6I+R_F[H;-8H'=$S) X[B 49-
MF,"&$M0N_E.+WC5?EK-N0.E_MC&9??BZ,?DF?Y7N$HCJDE9W=-'X/HA3DGR[
MC"8*+;U7H1X*>Q+LZ7LH2'*H-3GH+:/;KB@Y5"$G-OZ)G)M\@G=7/1J567.S
M+:1\[S[3@&LS8./\9KO$M?!OCU[D6S10KOX(:/!.!J@JG^50"LF8$2DE<YNU
MBOPQI^[(#B,_6Z,^PA(LV:DK/R#WJMO6"_8%R%LOWZT/M$'E(Y*58^9RPW+#
M<L,5T: N5%GXC<[)*R\L],;)V$F<@M;<D.5??NKKFOY>YBJ<(!-)JWXF4F-8
MT,6YCS?#Y"@;K+HYF5-?N9H1L.M$\VEL\*:$4Y]29>9AJZ#LSC?U)";)ED[&
MEGKU2Y L,97# A:E(]&'P Z"B+@618IWEN:N-C'C61+UJ2#9-?OUR)&H#F$O
MBV_GA$.4*X=]5YUVIDB1])LO4;1=>9E<.5-!;E@:8TGYBHWI:NX(,UB!ND(/
M7N]9WZ>> \37M KBJZ[6E_S\N)B/V:L\0Z\.]7Z--3&@6V+]&=D^54),3H_\
M5T[(3:-@0RID10&P,O0KU87B&<[8\SG'X<-_T!3TZ8C2&:N"P2'?L);O.0ZF
MB-G8/YH&33,/I9OG=+Y;LSIL*?[)B0=CU#ACLE3\CZV7/SGV,9K/'8I,D3B+
M0B!@>< A9ZPMJTR)K5I^Q"U>([.'4<RM2:^EM B9>%@Z:6%TC'/(7'GS);SY
MAC<O*PG#W-#-.&<NV>9A7G729;L[VEWEFFI6F+E0?_AW.D? OV0,9&VR\(KM
M(6?ZRIF^<J9OI6;Z=N1,W_//]#VM'-)WR:$N\#)$Z1ML_3D&X]*UZ$CQ7 7A
MH&AF2QE2H"J<[*.\V.%4":=4&=L!8+"BM_4N_-D/0N7/B/@ K!;[^M:; 5&\
M*JP'_9#"PG.<#(/>5W37IA[&\ET+?^TS#K[XJ@,/!9$#/Q^^*A/J37PRG]H6
M?#I!%V_DCE@R+@X@>A$?PH-!Z$<65F*J !,:X*S $6P G2 $PU'3Y5?@VW'P
MH#*.'.?ZE1*??33V(A\.*H[$9AD%Q*%!OBW90<:>-LPZ2JY[ T)<0+#U!ZK6
M[1XDV+IJKY/]]<'3EMMJ+_^TY8LOJZE&-_O1PV9#%[>!_,OJJMG13W^N\X2V
MM'X>T5RZ0=K?%KSF]P6O^<:XRO(\[>5@Q&;'?[^R [&+'*Q=MYV?)3"<N6.M
MLZ7+6NXYXQ6?)?YO5"+X"/%-X\-/.,K]XI LC@'J<3.[1U2[,L-5@^(;\.0T
MXLH[5_LK]?'MJ,OST0X%]+7JJIT\!MNZ[P<!?VVH&W33(0DH+O#F@W;4<.V+
M.\%/".;^@5'AJ[?8'1;>XP#PMQ0MGJA?5LEY2SQMOB/AP.!@2CBP.B(/;/T1
M*M:_DL#.ECE'*)3U!1].'[38Y,'?/!^^<)5;UL?!>E6>?%C7V3X2^ R-]"HO
MQQ_\"7'! %SS$95KFSR:M::Z54794)0"=IP3=%=?//?Z]YN;K^_.I/&<3#>J
M5NOLS4K2TY0J-S-XUB('=/&K8K_?G&DWV>'Y':?M[1]V/O]QS9:IM>5]-^B^
M.[W!<:G_1]Q]V:!QE3D5H[".T><_Y,\GT.6;AABY9CS7&SF:=N57QB%%+8U
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M'CE<1]3R?-9>30AT'*1%/N3C\$O_'GJC5_C/-)PY'_X?4$L! A0#%     @
M.D 46XGU4!,4#P  .F8   \              ( !     &5L+3(P,C4P.#(P
M+FAT;5!+ 0(4 Q0    ( #I %%LB3^FB7@(  /P&   /              "
M 4$/  !E;"TR,#(U,#@R,"YX<V102P$"% ,4    "  Z0!1;B]CZY L*  !]
M5   $P              @ ',$0  96PM,C R-3 X,C!?;&%B+GAM;%!+ 0(4
M Q0    ( #I %%NC=F;-KP8  .(P   3              "  0@<  !E;"TR
M,#(U,#@R,%]P<F4N>&UL4$L! A0#%     @ .D 46ZEF>B$=LP  -7D* !@
M             ( !Z"(  &5L<31F>3(P,C5E>&AI8FET.3DQ+FAT;5!+!08
1    !0 % $(!   [U@     !

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>16
<FILENAME>el-20250820_htm.xml
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<XML>
<?xml version="1.0" encoding="utf-8"?>
<xbrl
  xml:lang="en-US"
  xmlns="http://www.xbrl.org/2003/instance"
  xmlns:dei="http://xbrl.sec.gov/dei/2024"
  xmlns:link="http://www.xbrl.org/2003/linkbase"
  xmlns:xlink="http://www.w3.org/1999/xlink">
    <link:schemaRef xlink:href="el-20250820.xsd" xlink:type="simple"/>
    <context id="c-1">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001001250</identifier>
        </entity>
        <period>
            <startDate>2025-08-20</startDate>
            <endDate>2025-08-20</endDate>
        </period>
    </context>
    <dei:EntityCentralIndexKey contextRef="c-1" id="f-21">0001001250</dei:EntityCentralIndexKey>
    <dei:AmendmentFlag contextRef="c-1" id="f-22">false</dei:AmendmentFlag>
    <dei:DocumentType contextRef="c-1" id="f-1">8-K</dei:DocumentType>
    <dei:DocumentPeriodEndDate contextRef="c-1" id="f-2">2025-08-20</dei:DocumentPeriodEndDate>
    <dei:EntityRegistrantName contextRef="c-1" id="f-3">The Est&#xe9;e Lauder Companies Inc.</dei:EntityRegistrantName>
    <dei:EntityIncorporationStateCountryCode contextRef="c-1" id="f-4">DE</dei:EntityIncorporationStateCountryCode>
    <dei:EntityFileNumber contextRef="c-1" id="f-5">1-14064</dei:EntityFileNumber>
    <dei:EntityTaxIdentificationNumber contextRef="c-1" id="f-6">11-2408943</dei:EntityTaxIdentificationNumber>
    <dei:EntityAddressAddressLine1 contextRef="c-1" id="f-7">767 Fifth Avenue</dei:EntityAddressAddressLine1>
    <dei:EntityAddressCityOrTown contextRef="c-1" id="f-8">New York</dei:EntityAddressCityOrTown>
    <dei:EntityAddressStateOrProvince contextRef="c-1" id="f-9">NY</dei:EntityAddressStateOrProvince>
    <dei:EntityAddressPostalZipCode contextRef="c-1" id="f-10">10153</dei:EntityAddressPostalZipCode>
    <dei:CityAreaCode contextRef="c-1" id="f-11">212</dei:CityAreaCode>
    <dei:LocalPhoneNumber contextRef="c-1" id="f-12">572-4200</dei:LocalPhoneNumber>
    <dei:WrittenCommunications contextRef="c-1" id="f-13">false</dei:WrittenCommunications>
    <dei:SolicitingMaterial contextRef="c-1" id="f-14">false</dei:SolicitingMaterial>
    <dei:PreCommencementTenderOffer contextRef="c-1" id="f-15">false</dei:PreCommencementTenderOffer>
    <dei:PreCommencementIssuerTenderOffer contextRef="c-1" id="f-16">false</dei:PreCommencementIssuerTenderOffer>
    <dei:Security12bTitle contextRef="c-1" id="f-17">Class A Common Stock, $.01 par value</dei:Security12bTitle>
    <dei:TradingSymbol contextRef="c-1" id="f-18">EL</dei:TradingSymbol>
    <dei:SecurityExchangeName contextRef="c-1" id="f-19">NYSE</dei:SecurityExchangeName>
    <dei:EntityEmergingGrowthCompany contextRef="c-1" id="f-20">false</dei:EntityEmergingGrowthCompany>
</xbrl>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
