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GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)
6 Months Ended
Dec. 31, 2024
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 CareMakeupFragranceHair CareTotal
Balance as of June 30, 2024
Goodwill, gross carrying amount
$1,612 $1,116 $253 $353 $3,334 
Accumulated impairments
(429)(732)(30)— (1,191)
     Total goodwill
1,183 384 223 353 2,143 
Impairment charges
— (13)— — (13)
Translation adjustments, goodwill
(72)— (2)(1)(75)
Translation adjustments, accumulated impairments
18 — — — 18 
(54)(13)(2)(1)(70)
Balance as of December 31, 2024
Goodwill, gross carrying amount
1,540 1,116 251 352 3,259 
Accumulated impairments
(411)(745)(30)— (1,186)
     Total goodwill
$1,129 $371 $221 $352 $2,073 
Schedule of other intangible assets, by type
Other intangible assets consist of the following:

December 31, 2024June 30, 2024
(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
$1,897 $941 $956 $1,971 $895 $1,076 
Non-amortizable intangible assets:
Trademarks3,202 4,107 
Total other intangible assets, net
$4,158 $5,183 
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 2025 and for each of the next four fiscal years is as follows:

Fiscal
(In millions)20252026202720282029
Estimated aggregate amortization expense$65 $136 $119 $94 $93 
Summary Of Impairment Charges And Carrying Value Of Intangible Assets And Goodwill
A summary of the impairment charges for the three and six months ended December 31, 2024 and the remaining trademark and goodwill carrying values as of December 31, 2024, for the TOM FORD brand and Too Faced reporting unit, are as follows:

Impairment Charges(1)
Carrying Value
(In millions)
Three and Six Months Ended
December 31, 2024
As of December 31, 2024
Brand/Reporting Unit
Geographic Region
Trademark
Goodwill
Trademark(2)
Goodwill
TOM FORD
The Americas
$773 $— $1,805 $— 
Too Faced
The Americas
75 13 112 — 
Total
$848 $13 $1,917 $— 
(1)The date of the fair value measurement for the TOM FORD and Too Faced trademark intangible assets and Too Faced reporting unit was December 31, 2024.
(2)The carrying values of the trademark intangible assets, subsequent to the impairment charges, are equal to their fair values.