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GOODWILL AND OTHER INTANGIBLE ASSETS, NET (Tables) | 6 Months Ended
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Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of goodwill | Goodwill as of December 31, 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 December 31, 2022 |  |  |  |  |
Foreign currency translation | 5.1 |  |  | 0.5 |  |  | 5.6 |
Gross balance at December 31, 2022 | $ | 6,225.8 |  |  | $ | 1,734.6 |  |  | $ | 7,960.4 |
Accumulated impairments | (3,110.3) |  |  | (929.8) |  |  | (4,040.1) |
Net balance at December 31, 2022 | $ | 3,115.5 |  |  | $ | 804.8 |  |  | $ | 3,920.3 |
Schedule of indefinite-lived intangible assets | Other intangible assets, net as of December 31, 2022 and June 30, 2022 are presented below:
| December 31, 2022 |  | June 30, 2022
Indefinite-lived other intangible assets | $ | 943.5 |  |  | $ | 936.6 |
Finite-lived other intangible assets, net | 2,904.5 |  |  | 2,966.2 |
Total Other intangible assets, net | $ | 3,848.0 |  |  | $ | 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 December 31, 2022 |  |  |
Foreign currency translation | 6.9 |  |  | 6.9 |
Gross balance at December 31, 2022 | $ | 1,888.4 |  |  | $ | 1,888.4 |
Accumulated impairments | (944.9) |  |  | (944.9) |
Net balance at December 31, 2022 | $ | 943.5 |  |  | $ | 943.5 |
Schedule of finite-lived intangible assets | Other intangible assets, net as of December 31, 2022 and June 30, 2022 are presented below:
| December 31, 2022 |  | June 30, 2022
Indefinite-lived other intangible assets | $ | 943.5 |  |  | $ | 936.6 |
Finite-lived other intangible assets, net | 2,904.5 |  |  | 2,966.2 |
Total Other intangible assets, net | $ | 3,848.0 |  |  | $ | 3,902.8 |
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 |
December 31, 2022 |  |  |  |  |  |  |
License agreements and collaboration agreements | $ | 3,907.8 |  |  | $ | (1,392.2) |  |  | $ | (19.6) |  |  | $ | 2,496.0 |
Customer relationships | 743.3 |  |  | (488.7) |  |  | (5.5) |  |  | 249.1 |
Trademarks | 320.9 |  |  | (183.1) |  |  | (0.5) |  |  | 137.3 |
Product formulations and technology | 84.2 |  |  | (62.1) |  |  | — |  |  | 22.1 |
Total | $ | 5,056.2 |  |  | $ | (2,126.1) |  |  | $ | (25.6) |  |  | $ | 2,904.5 |

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