XML 45 R35.htm IDEA: XBRL DOCUMENT
v3.24.0.1

GOODWILL AND OTHER INTANGIBLE ASSETS, NET (Tables) | 6 Months Ended
--- | ---
Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of goodwill | Goodwill as of December 31, 2023 and June 30, 2023 is presented below:
| Prestige |  | Consumer Beauty |  | Total
Gross balance at June 30, 2023 | $ | 6,279.2 |  |  | $ | 1,748.8 |  |  | $ | 8,028.0 |
Accumulated impairments | (3,110.3) |  |  | (929.8) |  |  | (4,040.1) |
Net balance at June 30, 2023 | $ | 3,168.9 |  |  | $ | 819.0 |  |  | $ | 3,987.9 |
Changes during the period ended December 31, 2023 |  |  |  |  |
Foreign currency translation | 27.1 |  |  | 6.9 |  |  | 34.0 |
Gross balance at December 31, 2023 | $ | 6,306.3 |  |  | $ | 1,755.7 |  |  | $ | 8,062.0 |
Accumulated impairments | (3,110.3) |  |  | (929.8) |  |  | (4,040.1) |
Net balance at December 31, 2023 | $ | 3,196.0 |  |  | $ | 825.9 |  |  | $ | 4,021.9 |
Schedule of indefinite-lived intangible assets | Other intangible assets, net as of December 31, 2023 and June 30, 2023 are presented below:
| December 31, 2023 |  | June 30, 2023
Indefinite-lived other intangible assets | $ | 957.4 |  |  | $ | 950.8 |
Finite-lived other intangible assets, net | 2,782.1 |  |  | 2,847.2 |
Total Other intangible assets, net | $ | 3,739.5 |  |  | $ | 3,798.0 |
The changes in the carrying amount of indefinite-lived other intangible assets are presented below:
| Trademarks |  | Total
Gross balance at June 30, 2023 | $ | 1,895.7 |  |  | $ | 1,895.7 |
Accumulated impairments | (944.9) |  |  | (944.9) |
Net balance at June 30, 2023 | $ | 950.8 |  |  | $ | 950.8 |
Changes during the period ended December 31, 2023 |  |  |
Foreign currency translation | 6.6 |  |  | 6.6 |
Gross balance at December 31, 2023 | $ | 1,902.3 |  |  | $ | 1,902.3 |
Accumulated impairments | (944.9) |  |  | (944.9) |
Net balance at December 31, 2023 | $ | 957.4 |  |  | $ | 957.4 |
Schedule of finite-lived intangible assets | Other intangible assets, net as of December 31, 2023 and June 30, 2023 are presented below:
| December 31, 2023 |  | June 30, 2023
Indefinite-lived other intangible assets | $ | 957.4 |  |  | $ | 950.8 |
Finite-lived other intangible assets, net | 2,782.1 |  |  | 2,847.2 |
Total Other intangible assets, net | $ | 3,739.5 |  |  | $ | 3,798.0 |
Intangible assets subject to amortization are presented below:
| Cost |  | Accumulated Amortization |  | Accumulated Impairment |  | Net
June 30, 2023 |  |  |  |  |  |  |
License agreements and collaboration agreements | $ | 3,756.2 |  |  | $ | (1,282.6) |  |  | $ | (19.6) |  |  | $ | 2,454.0 |
Customer relationships | 750.6 |  |  | (505.9) |  |  | (5.5) |  |  | 239.2 |
Trademarks | 313.0 |  |  | (180.6) |  |  | (0.5) |  |  | 131.9 |
Product formulations and technology | 85.6 |  |  | (63.5) |  |  | — |  |  | 22.1 |
Total | $ | 4,905.4 |  |  | $ | (2,032.6) |  |  | $ | (25.6) |  |  | $ | 2,847.2 |
December 31, 2023 |  |  |  |  |  |  |
License agreements and collaboration agreements | $ | 3,798.8 |  |  | $ | (1,372.5) |  |  | $ | (19.6) |  |  | $ | 2,406.7 |
Customer relationships | 755.3 |  |  | (522.4) |  |  | (5.5) |  |  | 227.4 |
Trademarks | 314.1 |  |  | (187.5) |  |  | (0.5) |  |  | 126.1 |
Product formulations and technology | 86.5 |  |  | (64.6) |  |  | — |  |  | 21.9 |
Total | $ | 4,954.7 |  |  | $ | (2,147.0) |  |  | $ | (25.6) |  |  | $ | 2,782.1 |

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 Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance with a finite life, by either major class or business segment. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482665/350-30-50-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482665/350-30-50-2 + Details
Name: | us-gaap_ScheduleOfFiniteLivedIntangibleAssetsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 55 -Paragraph 24 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482548/350-20-55-24 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482573/350-20-50-1 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (h) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482573/350-20-50-1 Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482573/350-20-50-1 Reference 5: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482573/350-20-50-1 Reference 6: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482573/350-20-50-1 Reference 7: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482573/350-20-50-1 Reference 8: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (e) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482573/350-20-50-1 Reference 9: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (f) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482573/350-20-50-1 Reference 10: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (g) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482573/350-20-50-1 Reference 11: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1A -Publisher FASB -URI https://asc.fasb.org//1943274/2147482573/350-20-50-1A Reference 12: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482573/350-20-50-2 + Details
Name: | us-gaap_ScheduleOfGoodwillTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance and exist in perpetuity, by either major class or business segment. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482665/350-30-50-2 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (b),(d) -SubTopic 30 -Topic 350 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482665/350-30-50-3 + Details
Name: | us-gaap_ScheduleOfIndefiniteLivedIntangibleAssetsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration