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GOODWILL, OTHER INTANGIBLE ASSETS, NET AND OTHER ASSETS (Tables)
6 Months Ended
Dec. 31, 2014
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of goodwill and other intangible assets
Goodwill as of December 31, 2014 and June 30, 2014 is presented below:
 
Fragrances
 
Color Cosmetics
 
Skin & Body Care
 
Total
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

 
 
 
 
 
 
 
 
Changes during the period ended December 31, 2014:
 
 
 
 
 
 
     Foreign currency translation
(17.5
)
 
(11.4
)
 
(0.2
)
 
(29.1
)
     Reclassification (a)
(69.1
)
 

 
69.1

 

 
 
 
 
 
 
 
 
Gross Balance at December 31, 2014
$
665.3

 
$
526.8

 
$
762.4

 
$
1,954.5

Accumulated Impairments

 

 
(640.8
)
 
(640.8
)
Net Balance at December 31, 2014
$
665.3

 
$
526.8

 
$
121.6

 
$
1,313.7

 
 

(a) As a result of the Company’s Organizational Redesign program announced on July 9, 2014, a certain brand and its attributable goodwill of $69.1 was reclassified from the Fragrances segment to the Skin & Body Care segment. The Company calculated the fair value of the brand relative to the reporting unit using the same methodology utilized in the annual impairment analysis as discussed in the Fiscal 2014 Form 10-K.

Other Intangible Assets
    
Other intangible assets, net as of December 31, 2014 and June 30, 2014 are presented below:
 
December 31, 2014
 
June 30, 2014
Indefinite-lived other intangible assets (a)
$
1,161.2

 
$
1,167.8

Finite-lived other intangible assets, net (b)
616.6

 
669.3

Total Other intangible assets, net
$
1,777.8

 
$
1,837.1

 
 
(a) Net of accumulated impairments of $(188.6) as of December 31, 2014 and June 30, 2014.
(b) Net of accumulated impairments of $(21.0) and $(33.5) related to the TJoy trademark and customer relationships, respectively, recorded in fiscal 2014.
Intangible assets subject to amortization
Intangible assets subject to amortization are presented below:
 
Cost
 
Accumulated Amortization
 
Accumulated Impairment
 
Net
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

December 31, 2014
 
 
 
 
 
 
 
License agreements
$
814.1

 
$
(494.1
)
 
$

 
$
320.0

Customer relationships
498.2

 
(182.8
)
 
(33.5
)
 
281.9

Trademarks
121.5

 
(87.9
)
 
(21.0
)
 
12.6

Product formulations
31.7

 
(29.6
)
 

 
2.1

Total
$
1,465.5

 
$
(794.4
)
 
$
(54.5
)
 
$
616.6