SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS

12 Months Ended

Jun. 30, 2020

SEC Schedule, 12-09, Valuation and Qualifying Accounts [Abstract]

SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS

THE ESTÉE LAUDER COMPANIES INC.

SCHEDULE II – VALUATION AND QUALIFYING ACCOUNTS

Three Years Ended June 30, 2020

(In millions)

			Additions
Description	Balance at Beginning of Period		(1) Charged to Costs and Expenses		(2) Charged to Other Accounts		Deductions			Balance at End of Period
Reserves deducted in the balance sheet from the assets to which they apply:
Allowance for doubtful accounts and customer deductions:
Year ended June 30, 2020	$	32	$	45	$	—	$	14	(a)	$	63
Year ended June 30, 2019	$	29	$	27	$	—	$	24	(a)	$	32
Year ended June 30, 2018	$	30	$	23	$	—	$	24	(a)	$	29
Sales return accrual:
Year ended June 30, 2020	$	108	$	520	$	—	$	514	(b)	$	114
Year ended June 30, 2019	$	105	$	488	$	—	$	485	(b)	$	108
Year ended June 30, 2018	$	109	$	493	$	—	$	497	(b)	$	105
Deferred tax valuation allowance:
Year ended June 30, 2020	$	49	$	32	$	28	$	2		$	107
Year ended June 30, 2019	$	45	$	11	$	—	$	7		$	49
Year ended June 30, 2018	$	42	$	6	$	—	$	3		$	45
Accrued restructuring initiatives:
Year ended June 30, 2020	$	204	$	34	$	—	$	125		$	113
Year ended June 30, 2019	$	182	$	133	$	—	$	111		$	204
Year ended June 30, 2018	$	151	$	127	$	—	$	96		$	182

(a)Includes amounts written-off, net of recoveries.

(b)Represents actual returns.