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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
3 Months Ended
Sep. 30, 2011
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES 
Inventory and Promotional Merchandise

 

 

September 30

 

June 30

 

(In millions)

 

2011

 

2011

 

 

 

 

 

 

 

Inventory and promotional merchandise, net consists of:

 

 

 

 

 

Raw materials

 

$

226.8

 

$

230.2

 

Work in process

 

74.2

 

93.6

 

Finished goods

 

494.4

 

475.4

 

Promotional merchandise

 

186.8

 

196.4

 

 

 

$

982.2

 

$

995.6

 

Property, Plant and Equipment

 

 

September 30

 

June 30

 

(In millions)

 

2011

 

2011

 

 

 

 

 

 

 

Assets (Useful Life)

 

 

 

 

 

Land

 

$

14.7

 

$

15.0

 

Buildings and improvements (10 to 40 years)

 

189.9

 

195.5

 

Machinery and equipment (3 to 10 years)

 

623.8

 

635.3

 

Computer hardware and software (4 to 10 years)

 

715.9

 

707.1

 

Furniture and fixtures (5 to 10 years)

 

98.1

 

93.9

 

Leasehold improvements

 

1,197.7

 

1,215.3

 

 

 

2,840.1

 

2,862.1

 

Less accumulated depreciation and amortization

 

1,715.0

 

1,719.0

 

 

 

$

1,125.1

 

$

1,143.1