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GOODWILL AND OTHER INTANGIBLE ASSETS, NET (Tables) | 3 Months Ended
--- | ---
Sep. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of goodwill | Goodwill as of September 30, 2024 and June 30, 2024 is presented below:
| Prestige |  | Consumer Beauty |  | Total
Gross balance at June 30, 2024 | $ | 6,214.6 |  |  | $ | 1,731.2 |  |  | $ | 7,945.8 |
Accumulated impairments | (3,110.3) |  |  | (929.8) |  |  | (4,040.1) |
Net balance at June 30, 2024 | $ | 3,104.3 |  |  | $ | 801.4 |  |  | $ | 3,905.7 |
Changes during the period ended September 30, 2024 |  |  |  |  |
Foreign currency translation | 62.4 |  |  | 15.6 |  |  | 78.0 |
Gross balance at September 30, 2024 | $ | 6,277.0 |  |  | $ | 1,746.8 |  |  | $ | 8,023.8 |
Accumulated impairments | (3,110.3) |  |  | (929.8) |  |  | (4,040.1) |
Net balance at September 30, 2024 | $ | 3,166.7 |  |  | $ | 817.0 |  |  | $ | 3,983.7 |
Schedule of indefinite-lived intangible assets | Other intangible assets, net as of September 30, 2024 and June 30, 2024 are presented below:
| September 30, 2024 |  | June 30, 2024
Indefinite-lived other intangible assets | $ | 960.7 |  |  | $ | 944.6 |
Finite-lived other intangible assets, net | 2,651.8 |  |  | 2,621.0 |
Total Other intangible assets, net | $ | 3,612.5 |  |  | $ | 3,565.6 |
The changes in the carrying amount of indefinite-lived other intangible assets are presented below:
| Trademarks |  | Total
Gross balance at June 30, 2024 | $ | 1,889.5 |  |  | $ | 1,889.5 |
Accumulated impairments | (944.9) |  |  | (944.9) |
Net balance at June 30, 2024 | $ | 944.6 |  |  | $ | 944.6 |
Changes during the period ended September 30, 2024 |  |  |
Foreign currency translation | 16.1 |  |  | 16.1 |
Gross balance at September 30, 2024 | $ | 1,905.6 |  |  | $ | 1,905.6 |
Accumulated impairments | (944.9) |  |  | (944.9) |
Net balance at September 30, 2024 | $ | 960.7 |  |  | $ | 960.7 |
Schedule of finite-lived intangible assets | Other intangible assets, net as of September 30, 2024 and June 30, 2024 are presented below:
| September 30, 2024 |  | June 30, 2024
Indefinite-lived other intangible assets | $ | 960.7 |  |  | $ | 944.6 |
Finite-lived other intangible assets, net | 2,651.8 |  |  | 2,621.0 |
Total Other intangible assets, net | $ | 3,612.5 |  |  | $ | 3,565.6 |
Intangible assets subject to amortization are presented below:
| Cost |  | Accumulated Amortization |  | Accumulated Impairment |  | Net
June 30, 2024 |  |  |  |  |  |  |
License agreements and collaboration agreements | $ | 3,715.1 |  |  | $ | (1,422.5) |  |  | $ | (19.6) |  |  | $ | 2,273.0 |
Customer relationships | 741.8 |  |  | (527.8) |  |  | (5.5) |  |  | 208.5 |
Trademarks | 311.7 |  |  | (192.4) |  |  | (0.5) |  |  | 118.8 |
Product formulations and technology | 83.7 |  |  | (63.0) |  |  | — |  |  | 20.7 |
Total | $ | 4,852.3 |  |  | $ | (2,205.7) |  |  | $ | (25.6) |  |  | $ | 2,621.0 |
September 30, 2024 |  |  |  |  |  |  |
License agreements and collaboration agreements | $ | 3,822.4 |  |  | $ | (1,495.4) |  |  | $ | (19.6) |  |  | $ | 2,307.4 |
Customer relationships | 753.8 |  |  | (542.2) |  |  | (5.5) |  |  | 206.1 |
Trademarks | 314.9 |  |  | (197.4) |  |  | (0.5) |  |  | 117.0 |
Product formulations and technology | 85.8 |  |  | (64.5) |  |  | — |  |  | 21.3 |
Total | $ | 4,976.9 |  |  | $ | (2,299.5) |  |  | $ | (25.6) |  |  | $ | 2,651.8 |

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