SEGMENT DATA AND RELATED INFORMATION (Tables)

6 Months Ended

Dec. 31, 2024

Segment Reporting [Abstract]

Schedule of segment data and related information

	Three Months Ended December 31,				Six Months Ended December 31,
(In millions)	2024		2023		2024		2023
PRODUCT CATEGORY DATA
Net sales:
Skin Care	$	1,921	$	2,173	$	3,450	$	3,813
Makeup	1,150		1,167		2,188		2,229
Fragrance	744		737		1,374		1,373
Hair Care	159		173		298		321
Other	30		30		55		62
	4,004		4,280		7,365		7,798
Returns associated with restructuring and other activities	—		(1)		—		(1)
Net sales	$	4,004	$	4,279	$	7,365	$	7,797
Operating income (loss) before charges associated with restructuring and other activities:
Skin Care	$	306	$	415	$	423	$	452
Makeup	(211)		30		(396)		(10)
Fragrance	(446)		131		(386)		238
Hair Care	(3)		(3)		(21)		(25)
Other	(45)		9		(34)		27
	(399)		582		(414)		682
Reconciliation:
Charges associated with restructuring and other activities	(181)		(8)		(287)		(10)
Interest expense	(90)		(98)		(182)		(193)
Interest income and investment income, net	23		40		58		81
Other components of net periodic benefit cost	(3)		3		(5)		5
Earnings (loss) before income taxes	$	(650)	$	519	$	(830)	$	565
GEOGRAPHIC DATA(1)
Net sales:
The Americas	$	1,223	$	1,242	$	2,410	$	2,450
Europe, the Middle East & Africa	1,494		1,589		2,724		2,841
Asia/Pacific	1,287		1,449		2,231		2,507
	4,004		4,280		7,365		7,798
Returns associated with restructuring and other activities	—		(1)		—		(1)
Net sales	$	4,004	$	4,279	$	7,365	$	7,797
Operating income (loss):
The Americas	$	(823)	$	(55)	$	(991)	$	(237)
Europe, the Middle East & Africa	316		379		406		523
Asia/Pacific	108		258		171		396
	(399)		582		(414)		682
Charges associated with restructuring and other activities	(181)		(8)		(287)		(10)
Operating income (loss)	$	(580)	$	574	$	(701)	$	672

(1) The net sales from the Company's travel retail business are included in the Europe, the Middle East & Africa region, and operating income attributable to these net sales are included in that region and in The Americas. The exception is for net sales and operating income of Dr.Jart+ in the travel retail channel in Korea that are reflected in Korea in the Asia/Pacific region. During the fiscal 2025 second quarter, the Company exited Dr.Jart+ from the travel retail channel in Korea.