GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)

9 Months Ended

Mar. 31, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of goodwill by product category and related change in the carrying amount

The following table presents goodwill by product category and the related change in the carrying amount:

(In millions)	Skin Care		Makeup		Fragrance		Hair Care		Total
Balance as of June 30, 2019
Goodwill	$	185	$	1,199	$	254	$	390	$	2,028
Accumulated impairments	(36)		(68)		(22)		(34)		(160)
	149		1,131		232		356		1,868
Goodwill acquired during the period	573		10		—		—		583
Impairment charges	(52)		(734)		—		—		(786)
Translation adjustments, goodwill	(30)		—		(2)		(2)		(34)
Translation adjustments, accumulated impairments	1		—		—		1		2
	492		(724)		(2)		(1)		(235)
Balance as of March 31, 2020
Goodwill	728		1,209		252		388		2,577
Accumulated impairments	(87)		(802)		(22)		(33)		(944)
	$	641	$	407	$	230	$	355	$	1,633

Schedule of other intangible assets, by type

Other intangible assets consist of the following:

	March 31, 2020						June 30, 2019
(In millions)	Gross Carrying Value		Accumulated Amortization		Total Net Book Value		Gross Carrying Value		Accumulated Amortization		Total Net Book Value
Amortizable intangible assets:
Customer lists and other	$	1,482	$	411	$	1,071	$	684	$	369	$	315
License agreements	43		43		—		43		43		—
	$	1,525	$	454	$	1,071	$	727	$	412	$	315
Non-amortizable intangible assets:
Trademarks					1,119						888
Total intangible assets					$	2,190					$	1,203

Estimated aggregate amortization expense for the remainder of the current fiscal year and the next four years

The estimated aggregate amortization expense for the remainder of fiscal 2020 and for each of the next four fiscal years is as follows:

	Fiscal
(In millions)	2020		2021		2022		2023		2024
Estimated aggregate amortization expense	$	30	$	104	$	103	$	103	$	101

Summary of impairment charges and remaining trademark and goodwill carrying values

A summary of the impairment charges for the three and nine months ended March 31, 2020 and the remaining trademark and goodwill carrying values as of March 31, 2020, for each reporting unit, are as follows:

			Impairment Charge
(In millions)			Three Months Ended March 31, 2020				Nine Months Ended March 31, 2020				Carrying Value
Reporting Unit:	Product Category	Region	Trademark		Goodwill		Trademark		Goodwill		Trademark		Goodwill
Too Faced	Makeup	The Americas	$	42	$	162	$	253	$	592	$	272	$	13
BECCA	Makeup	The Americas	14		35		47		70		51		28
Smashbox	Makeup	The Americas	1		26		23		72		32		—
GLAMGLOW	Skin care	The Americas	1		52		1		52		62		62
Total			$	58	$	275	$	324	$	786	$	417	$	103