GOODWILL

3 Months Ended

Sep. 30, 2013

Disclosure Text Block Supplement [Abstract]

Goodwill Disclosure [Text Block]

7. GOODWILL

Goodwill and Other intangible assets, net as of September 30, 2013 and June 30, 2013 are presented below, net of impairment charges:

	September 30, 2013		June 30, 2013
Goodwill
Fragrances	$	721.2	$	711.0
Color Cosmetics		534.6		529.8
Skin & Body Care(a)		312.3		302.4
Total Goodwill	$	1,568.1	$	1,543.2
Other intangible assets, net
Indefinite-lived other intangible assets(b)	$	1,174.0	$	1,171.9
Finite-lived other intangible assets, net		774.5		784.7
Total Other intangible assets, net	$	1,948.5	$	1,956.6

^(a) Net of accumulated impairments of $384.4 as of September 30, 2013 and June 30, 2013.

^(b) Net of accumulated impairments of $188.6 as of September 30, 2013 and June 30, 2013.

The effect of foreign currency translation in the carrying amount of goodwill and indefinite-lived intangible assets are $10.7 and $2.1, respectively, as of September 30, 2013. In addition, during the three months ended September 30, 2013, the Company acquired 100% of the shares of StarAsia. The transaction was accounted for as a business combination (See Note 4).

Intangible assets subject to amortization are presented below:

	Cost		Accumulated Amortization				Net
June 30, 2013
License agreements	$	827.0		$	(451.6	)	$	375.4
Customer relationships		543.3			(173.1	)		370.2
Trademarks		145.9			(112.5	)		33.4
Product formulations		31.8			(26.1	)		5.7
Total	$	1,548.0		$	(763.3	)	$	784.7
September 30, 2013
License agreements	$	833.0		$	(463.8	)	$	369.2
Customer relationships		554.3			(185.6	)		368.7
Trademarks		147.4			(115.1	)		32.3
Product formulations		31.9			(27.6	)		4.3
Total	$	1,566.6		$	(792.1	)	$	774.5

Amortization expense totaled $22.6 and $21.9 for the three months ended September 30, 2013 and 2012, respectively.