SEGMENT DATA AND RELATED INFORMATION (Tables)

12 Months Ended

Jun. 30, 2020

Schedule of segment data and related information


	Year Ended June 30
(In millions)	2020		2019		2018
PRODUCT CATEGORY DATA
Net sales:
Skin Care	$	7,382	$	6,551	$	5,595
Makeup	4,794		5,860		5,633
Fragrance	1,563		1,802		1,826
Hair Care	515		584		570
Other	40		69		67
	14,294		14,866		13,691
Returns associated with restructuring and other activities	—		(3)		(8)
Net sales	$	14,294	$	14,863	$	13,683

Depreciation and amortization:
Skin Care	$	268	$	202	$	185
Makeup	242		257		255
Fragrance	71		69		64
Hair Care	28		26		24
Other	2		3		3
	$	611	$	557	$	531

Operating income (loss) before charges associated with restructuring and other activities:
Skin Care	$	2,125	$	1,925	$	1,514
Makeup	(1,438)		438		549
Fragrance	17		140		176
Hair Care	(19)		39		64
Other	4		12		9
	689		2,554		2,312
Reconciliation:
Charges associated with restructuring and other activities	(83)		(241)		(257)
Interest expense	(161)		(133)		(128)
Interest income and investment income, net	48		58		56
Other components of net periodic benefit cost	(4)		(2)		(3)
Other income, net	557		71		—
Earnings before income taxes	$	1,046	$	2,307	$	1,980


	Year Ended June 30
(In millions)	2020		2019		2018
GEOGRAPHIC DATA⁽¹⁾
Net sales:
The Americas	$	3,794	$	4,741	$	5,015
Europe, the Middle East & Africa	6,262		6,452		5,634
Asia/Pacific	4,238		3,673		3,042
	14,294		14,866		13,691
Returns associated with restructuring and other activities	—		(3)		(8)
Net sales	$	14,294	$	14,863	$	13,683
Operating income (loss):
The Americas	$	(1,044)	$	672	$	872
Europe, the Middle East & Africa	997		1,153		865
Asia/Pacific	736		729		575
	689		2,554		2,312
Charges associated with restructuring and other activities	(83)		(241)		(257)
Operating income	$	606	$	2,313	$	2,055


Total assets:
The Americas	$	9,189	$	7,661	$	7,558
Europe, the Middle East & Africa	4,319		3,862		3,855
Asia/Pacific	4,273		1,633		1,154
	$	17,781	$	13,156	$	12,567

Long-lived assets⁽²⁾:
The Americas	$	2,512	$	1,230	$	1,138
Europe, the Middle East & Africa	1,306		647		525
Asia/Pacific	519		191		160
	$	4,337	$	2,068	$	1,823

⁽¹⁾The net sales and operating income from the Company's travel retail business are included in the Europe, the Middle East & Africa region, with the exception of the net sales of Dr. Jart+ products in the travel retail channel that are reflected in Korea in the Asia/Pacific region.

⁽²⁾Includes property, plant and equipment, net. Fiscal 2020 also includes operating lease ROU assets, recognized as a result of the adoption of ASC 842. Refer to Note 7 – Leases for information.