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GOODWILL AND OTHER INTANGIBLE ASSETS, NET (Tables)
 12 Months Ended
Jun. 30, 2014
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of goodwill and other intangible assets
Goodwill as of June 30, 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 (a)
—

 
—

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

 
$
529.8

 
$
302.4

 
$
1,543.2

 
 
 
 
 
 
 
 
Changes during the year ended June 30, 2014:
 
 
 
 
 
 
Acquisition contingent payment (b)
$
30.0

 
$
—

 
$
—

 
$
30.0

Acquisitions (c)
3.8

 
2.6

 
7.0

 
13.4

Foreign currency translation
7.1

 
5.8

 
(0.3
)
 
12.6

Impairment charges
—

 
—

 
(256.4
)
 
(256.4
)
 
 
 
 
 
 
 
 
Gross balance at June 30, 2014
$
751.9

 
$
538.2

 
$
693.5

 
$
1,983.6

Accumulated impairments
—

 
—

 
(640.8
)
 
(640.8
)
Net balance at June 30, 2014
$
751.9

 
$
538.2

 
$
52.7

 
$
1,342.8

 
 
(a) In fiscal 2012, the Company recorded pre-tax non-cash impairment at the Prestige—Skin & Body Care reporting unit of $384.4 in Asset impairment charges in the Consolidated Statements of Operations, reducing goodwill at this reporting unit from $437.1 to $52.7.
(b) 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.
(c) During the year ended June 30, 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 June 30, 2014 and June 30, 2013 are presented below:
 
June 30,
2014
 
June 30,
2013
Indefinite-lived other intangible assets (a)
$
1,167.8

 
$
1,171.9

Finite-lived other intangible assets, net (b)
669.3

 
784.7

Total Other intangible assets, net
$
1,837.1

 
$
1,956.6

 

(a) Net of accumulated impairments of $188.6 as of June 30, 2014 and June 30, 2013.
(b) Net of accumulated impairments of $21.0 and $33.5 related to the TJoy trademark and customer relationships, respectively, recorded in fiscal 2014.
Schedule of impaired intangible assets
The changes in the carrying amount of indefinite-lived other intangible assets are presented below:
 
Fragrances
 
Color
Cosmetics
 
Skin & Body
Care
 
Total
Gross balance at June 30, 2013
30.8

 
885.0

 
453.9

 
1,369.7

Accumulated impairments (a)
—

 
(9.2
)
 
(188.6
)
 
(197.8
)
Balance—June 30, 2013
30.8

 
875.8

 
265.3

 
1,171.9

 
 
 
 
 
 
 
 
Changes during the period ended June 30, 2014
 
 
 
 
 
 
Foreign currency translation
1.2

 
1.5

 
—

 
2.7

  Reclassification to definite-lived trademark
(6.8
)
 
—

 
—

 
(6.8
)
 
 
 
 
 
 
 
 
Gross balance at June 30, 2014
25.2

 
886.5

 
453.9

 
1,365.6

Accumulated impairments
—

 
(9.2
)
 
(188.6
)
 
(197.8
)
Net balance at June 30, 2014
$
25.2

 
$
877.3

 
$
265.3

 
$
1,167.8


 
 
(a) Impairment charges of $188.6 were recorded in fiscal 2012 as discussed above. Impairment of $9.2 was recorded prior to June 30, 2011.
Intangible assets subject to amortization
Intangible assets with finite lives are amortized principally using the straight-line method over the following estimated useful lives:
Description
 
Estimated Useful Lives
License agreements
 
Lesser of agreement term or economic life
Customer relationships
 
5-20 years
Trademarks
 
5-20 years
Product formulations
 
3-7 years
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

June 30, 2014
 
 
 
 
 
 
 
License agreements
$
835.0

 
$
(490.8
)
 
$
—

 
$
344.2

Customer relationships
510.8

 
(169.4
)
 
(33.5
)
 
307.9

Trademarks
125.8

 
(90.1
)
 
(21.0
)
 
14.7

Product formulations
31.8

 
(29.3
)
 
—

 
2.5

Total
$
1,503.4

 
$
(779.6
)
 
$
(54.5
)
 
$
669.3
Schedule of finite-lived intangible assets weighted average remaining lives
Intangible assets subject to amortization are amortized principally using the straight-line method and have the following weighted-average remaining lives:
Description
 
License agreements
11.0 years
Customer relationships
8.5 years
Trademarks
12.2 years
Product formulations
3.5 years
Amortization expense
Amortization expense totaled $85.7, $90.2 and $93.2 for the fiscal years ended June 30, 2014, 2013 and 2012, respectively. The estimated aggregate amortization expense for each of the following fiscal years ending June 30 is presented below:
2015
$
76.3

2016
74.5

2017
74.1

2018
73.7

2019
73.0