XML 26 R16.htm IDEA: XBRL DOCUMENT
v3.22.2.2

GOODWILL AND OTHER INTANGIBLE ASSETS, NET | 3 Months Ended
--- | ---
Sep. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract] |
GOODWILL AND OTHER INTANGIBLE ASSETS, NET | GOODWILL AND OTHER INTANGIBLE ASSETS, NET Goodwill Goodwill as of September 30, 2022 and June 30, 2022 is presented below:
| Prestige |  | Consumer Beauty |  | Total
Gross balance at June 30, 2022 | $ | 6,220.7 |  |  | $ | 1,734.1 |  |  | $ | 7,954.8 |
Accumulated impairments | (3,110.3) |  |  | (929.8) |  |  | (4,040.1) |
Net balance at June 30, 2022 | $ | 3,110.4 |  |  | $ | 804.3 |  |  | $ | 3,914.7 |
Changes during the period ended September 30, 2022 |  |  |  |  |
Foreign currency translation | (94.4) |  |  | (23.9) |  |  | (118.3) |
Gross balance at September 30, 2022 | $ | 6,126.3 |  |  | $ | 1,710.2 |  |  | $ | 7,836.5 |
Accumulated impairments | (3,110.3) |  |  | (929.8) |  |  | (4,040.1) |
Net balance at September 30, 2022 | $ | 3,016.0 |  |  | $ | 780.4 |  |  | $ | 3,796.4 |
Other Intangible Assets, net Other intangible assets, net as of September 30, 2022 and June 30, 2022 are presented below:
| September 30, 2022 |  | June 30, 2022
Indefinite-lived other intangible assets | $ | 914.5 |  |  | $ | 936.6 |
Finite-lived other intangible assets, net | 2,800.1 |  |  | 2,966.2 |
Total Other intangible assets, net | $ | 3,714.6 |  |  | $ | 3,902.8 |
The changes in the carrying amount of indefinite-lived other intangible assets are presented below:
| Trademarks |  | Total
Gross balance at June 30, 2022 | $ | 1,881.5 |  |  | $ | 1,881.5 |
Accumulated impairments | (944.9) |  |  | (944.9) |
Net balance at June 30, 2022 | $ | 936.6 |  |  | $ | 936.6 |
Changes during the period ended September 30, 2022 |  |  |
Foreign currency translation | (22.1) |  |  | (22.1) |
Gross balance at September 30, 2022 | $ | 1,859.4 |  |  | $ | 1,859.4 |
Accumulated impairments | (944.9) |  |  | (944.9) |
Net balance at September 30, 2022 | $ | 914.5 |  |  | $ | 914.5 |
Intangible assets subject to amortization are presented below:
| Cost |  | Accumulated Amortization |  | Accumulated Impairment |  | Net
June 30, 2022 |  |  |  |  |  |  |
License agreements and collaboration agreements | $ | 3,861.9 |  |  | $ | (1,302.2) |  |  | $ | (19.6) |  |  | $ | 2,540.1 |
Customer relationships | 740.0 |  |  | (473.5) |  |  | (5.5) |  |  | 261.0 |
Trademarks | 320.5 |  |  | (177.1) |  |  | (0.5) |  |  | 142.9 |
Product formulations and technology | 83.9 |  |  | (61.7) |  |  | — |  |  | 22.2 |
Total | $ | 5,006.3 |  |  | $ | (2,014.5) |  |  | $ | (25.6) |  |  | $ | 2,966.2 |
September 30, 2022 |  |  |  |  |  |  |
License agreements and collaboration agreements | $ | 3,713.4 |  |  | $ | (1,298.7) |  |  | $ | (19.6) |  |  | $ | 2,395.1 |
Customer relationships | 722.4 |  |  | (470.2) |  |  | (5.5) |  |  | 246.7 |
Trademarks | 315.4 |  |  | (177.2) |  |  | (0.5) |  |  | 137.7 |
Product formulations and technology | 80.5 |  |  | (59.9) |  |  | — |  |  | 20.6 |
Total | $ | 4,831.7 |  |  | $ | (2,006.0) |  |  | $ | (25.6) |  |  | $ | 2,800.1 |
Amortization expense was $47.3 and $57.0 for the three months ended September 30, 2022 and 2021, respectively.

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -URI https://asc.fasb.org/topic&trid=2144416 + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration