GOODWILL AND OTHER INTANGIBLE ASSETS, NET (Tables)

9 Months Ended

Mar. 31, 2021

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill as of March 31, 2021 and June 30, 2020 is presented below:


	Americas		EMEA		APAC		Total
Gross balance at June 30, 2020	$	3,112.2	$	3,638.9	$	1,262.9	$	8,014.0
Accumulated impairments	(1,768.7)		(1,857.3)		(414.1)		(4,040.1)
Net balance at June 30, 2020	$	1,343.5	$	1,781.6	$	848.8	$	3,973.9

Changes during the period ended March 31, 2021

Measurement period adjustments (a)	(62.0)		35.9		26.1		—
Foreign currency translation	13.3		25.6		13.8		52.7


Gross balance at March 31, 2021	$	3,063.5	$	3,700.4	$	1,302.8	$	8,066.7
Accumulated impairments	(1,768.7)		(1,857.3)		(414.1)		(4,040.1)
Net balance at March 31, 2021	$	1,294.8	$	1,843.1	$	888.7	$	4,026.6

(a) Includes measurement period adjustments in connection with the King Kylie acquisition (Refer to Note 5—Business Combinations, Asset Acquisitions and Divestitures).

Schedule of indefinite-lived intangible assets

Other intangible assets, net as of March 31, 2021 and June 30, 2020 are presented below:


	March 31, 2021		June 30, 2020
Indefinite-lived other intangible assets	$	1,011.7	$	995.5
Finite-lived other intangible assets, net	3,463.2		3,376.6
Total Other intangible assets, net	$	4,474.9	$	4,372.1

The changes in the carrying amount of indefinite-lived other intangible assets are presented below:


	Trademarks		Total
Gross balance at June 30, 2020	$	1,909.0	$	1,909.0
Accumulated impairments	(913.5)		(913.5)
Net balance at June 30, 2020	$	995.5	$	995.5

Changes during the period ended March 31, 2021

Foreign currency translation	16.2		16.2


Gross balance at March 31, 2021	$	1,925.2	$	1,925.2
Accumulated impairments	(913.5)		(913.5)
Net balance at March 31, 2021	$	1,011.7	$	1,011.7

Schedule of finite-lived intangible assets

Other intangible assets, net as of March 31, 2021 and June 30, 2020 are presented below:


	March 31, 2021		June 30, 2020
Indefinite-lived other intangible assets	$	1,011.7	$	995.5
Finite-lived other intangible assets, net	3,463.2		3,376.6
Total Other intangible assets, net	$	4,474.9	$	4,372.1

Intangible assets subject to amortization are presented below:


	Cost		Accumulated Amortization		Accumulated Impairment		Net
June 30, 2020
License agreements and collaboration agreements(a)	$	3,861.2	$	(1,021.1)	$	(19.6)	$	2,820.5
Customer relationships(a)	786.1		(427.3)		(5.5)		353.3
Trademarks	325.7		(154.0)		(0.5)		171.2
Product formulations and technology	86.2		(54.6)		—		31.6
Total	$	5,059.2	$	(1,657.0)	$	(25.6)	$	3,376.6
March 31, 2021
License agreements and collaboration agreements(b)	$	4,147.5	$	(1,173.4)	$	(19.6)	$	2,954.5
Customer relationships	793.2		(471.2)		(5.5)		316.5
Trademarks	330.1		(166.2)		(0.5)		163.4
Product formulations and technology	87.9		(59.1)		—		28.8
Total	$	5,358.7	$	(1,869.9)	$	(25.6)	$	3,463.2

(a)Includes License and collaboration agreements and Customer relationships of $649.0 and $27.0, respectively resulting from the King Kylie acquisition on January 6, 2020 (Refer to Note 5—Business Combinations, Asset Acquisitions and Divestitures).

(b)Includes the KKW Collaboration Agreement of $180.6 resulting from the KKW Holdings transaction on January 4, 2021 (Refer to Note 5—Business Combinations, Asset Acquisitions and Divestitures).