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PROPERTY AND EQUIPMENT, NET | 12 Months Ended
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Jun. 30, 2021
Property, Plant and Equipment [Abstract] |
PROPERTY AND EQUIPMENT, NET | PROPERTY AND EQUIPMENT, NET Property and equipment, net as of June 30, 2021 and 2020 are presented below:
| June 30, 2021 |  | June 30, 2020
Land, buildings and leasehold improvements | $ | 508.6 |  |  | $ | 475.0 |
Machinery and equipment | 733.1 |  |  | 706.6 |
Marketing furniture and fixtures | 516.7 |  |  | 548.8 |
Computer equipment and software | 780.9 |  |  | 706.3 |
Construction in progress | 63.0 |  |  | 108.6 |
Property and equipment, gross | 2,602.3 |  |  | 2,545.3 |
Accumulated depreciation and amortization | (1,684.2) |  |  | (1,463.7) |
Property and equipment, net | $ | 918.1 |  |  | $ | 1,081.6 |
Depreciation expense of property and equipment totaled $334.1, $351.7 and $331.8 in fiscal 2021, 2020 and 2019, respectively. Depreciation expense is recorded in Cost of sales and Selling, general and administrative expenses in the Consolidated Statements of Operations. During fiscal 2021, 2020 and 2019 the Company recorded asset impairment charges of $5.2, $16.8 and $27.8 respectively. The fiscal 2021 and 2020 impairment charges are recorded in Selling, general and administrative expenses in the Consolidated Statements of Operations. The fiscal 2021 impairment charge primarily relates to abandonment of machinery and equipment, while the fiscal 2020 impairment primarily relates to the abandonment of a retail store and software no longer in use. The fiscal 2019 impairment charge is included in Restructuring costs in the Consolidated Statements of Operations and primarily relates to the disposal of certain manufacturing facilities, and the write-off of machinery and equipment in excess of the Company’s needs.

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- Definition The entire disclosure for long-lived, physical asset used in normal conduct of business and not intended for resale. Includes, but is not limited to, work of art, historical treasure, and similar asset classified as collections. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 958 -SubTopic 360 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=120429125&loc=d3e99893-112916 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -URI http://asc.fasb.org/topic&trid=2155823 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 958 -SubTopic 360 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=120429125&loc=SL120174063-112916 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 958 -SubTopic 360 -Section 50 -Paragraph 1 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=120429125&loc=d3e99779-112916 + Details
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