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GOODWILL, OTHER INTANGIBLE ASSETS, NET AND OTHER ASSETS (Tables)
9 Months Ended
Mar. 31, 2014
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of goodwill and other intangible assets
Goodwill as of March 31, 2014 and June 30, 2013 is presented below:
 
Fragrances
 
Color Cosmetics
 
Skin & Body Care
 
Total
Gross balance at June 30, 2013
$
711.0

 
$
529.8

 
$
686.8

 
$
1,927.6

Accumulated impairments

 

 
(384.4
)
 
(384.4
)
Net balance at June 30, 2013
$
711.0

 
$
529.8

 
$
302.4

 
$
1,543.2

 
 
 
 
 
 
 
 
Changes during the period ended March 31, 2014:
 
 
 
 
 
 
     Acquisition contingent payment (a)
$
30.0

 
$

 
$

 
$
30.0

     Acquisitions (b)
3.8

 
2.5

 
7.0

 
13.3

     Foreign exchange
7.7

 
5.8

 
(0.3
)
 
13.2

     Impairment charges

 

 
(256.4
)
 
(256.4
)
 
$
41.5

 
$
8.3

 
$
6.7

 
$
56.5

 
 
 
 
 
 
 
 
Gross balance at March 31, 2014
$
752.5

 
$
538.1

 
$
693.5

 
$
1,984.1

Accumulated impairments

 

 
(640.8
)
 
(640.8
)
Net balance at March 31, 2014
$
752.5

 
$
538.1

 
$
52.7

 
$
1,343.3

 
 

(a) Pursuant to the Company's fiscal 2006 acquisition of Unilever Cosmetics International, the Company is contractually obligated to make future annual contingent purchase price consideration payments for a 10-year period following the acquisition to the seller. Payments are based on contractually agreed upon sales targets and can range up to $30.0 per year. The Company paid $30.0 during the third quarter of both fiscal 2014 and 2013 for such contingent consideration.

(b) During the nine months ended March 31, 2014, the Company acquired 100% of the shares of StarAsia and Lena White. These transactions were accounted for as business combinations (See Note 4).

Other Intangible Assets
    
Other intangible assets, net as of March 31, 2014 and June 30, 2013 are presented below:
 
March 31, 2014
 
June 30,
2013
Indefinite-lived other intangible assets (a)
$
1,175.2

 
$
1,171.9

Finite-lived other intangible assets, net
682.2

 
784.7

Total Other intangible assets, net
$
1,857.4

 
$
1,956.6

 
 
(a) Net of accumulated impairments of $188.6 as of March 31, 2014 and June 30, 2013.
Intangible assets subject to amortization
Intangible assets subject to amortization are presented below:
 
Cost
 
Accumulated Amortization
 
Accumulated Impairment
 
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

March 31, 2014
 
 
 
 
 
 
 
License agreements
$
836.4

 
$
(483.0
)
 
$

 
$
353.4

Customer relationships
559.1

 
(207.9
)
 
(33.5
)
 
317.7

Trademarks
146.3

 
(116.9
)
 
(21.0
)
 
8.4

Product formulations
31.8

 
(29.1
)
 

 
2.7

Total
$
1,573.6

 
$
(836.9
)
 
$
(54.5
)
 
$
682.2