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GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)
12 Months Ended
Jun. 30, 2015
GOODWILL AND OTHER INTANGIBLE ASSETS  
Schedule of goodwill by product category and related change in the carrying amount

 

(In millions)

 

Skin
Care

 

Makeup

 

Fragrance

 

Hair
Care

 

Total

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance as of June 30, 2013

 

 

 

 

 

 

 

 

 

 

 

Goodwill

 

$

67.7

 

$

430.4

 

$

54.8

 

$

401.6

 

$

954.5

 

Accumulated impairments

 

(32.5

)

 

 

(40.5

)

(73.0

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

35.2

 

430.4

 

54.8

 

361.1

 

881.5

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Goodwill acquired during the year

 

 

10.3

 

 

 

10.3

 

Translation and other adjustments

 

0.1

 

 

 

1.3

 

1.4

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

0.1

 

10.3

 

 

1.3

 

11.7

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance as of June 30, 2014

 

 

 

 

 

 

 

 

 

 

 

Goodwill

 

68.9

 

440.7

 

54.8

 

402.3

 

966.7

 

Accumulated impairments

 

(33.6

)

 

 

(39.9

)

(73.5

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

35.3

 

440.7

 

54.8

 

362.4

 

893.2

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Goodwill acquired during the year

 

120.1

 

9.4

 

126.8

 

 

256.3

 

Translation and other adjustments

 

(0.6

)

(0.4

)

(0.3

)

(3.4

)

(4.7

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

119.5

 

9.0

 

126.5

 

(3.4

)

251.6

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance as of June 30, 2015

 

 

 

 

 

 

 

 

 

 

 

Goodwill

 

183.9

 

449.7

 

181.3

 

394.7

 

1,209.6

 

Accumulated impairments

 

(29.1

)

 

 

(35.7

)

(64.8

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

$

154.8

 

$

449.7

 

$

181.3

 

$

359.0

 

$

1,144.8

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Other intangible assets, by type

 

 

 

June 30, 2015

 

June 30, 2014

 

(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

 

$

294.4 

 

$

228.7 

 

$

65.7 

 

$

268.3 

 

$

216.7 

 

$

51.6 

 

License agreements

 

43.0 

 

43.0 

 

 

43.0 

 

43.0 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

$

337.4 

 

$

271.7 

 

65.7 

 

$

311.3 

 

$

259.7 

 

51.6 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Non-amortizable intangible assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

Trademarks and other

 

 

 

 

 

260.9 

 

 

 

 

 

105.7 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total intangible assets

 

 

 

 

 

$

326.6 

 

 

 

 

 

$

157.3 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Estimated aggregate amortization expense for next five years

 

 

 

Fiscal

 

(In millions)

 

2016

 

2017

 

2018

 

2019

 

2020

 

 

 

 

 

 

 

 

 

 

 

 

 

Estimated aggregate amortization expense

 

$

15.3 

 

$

13.3 

 

$

11.8 

 

$

11.0 

 

$

4.0