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GOODWILL, OTHER INTANGIBLE ASSETS, NET AND OTHER ASSETS (Tables)
9 Months Ended
Mar. 31, 2015
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of goodwill and other intangible assets
Goodwill as of March 31, 2015 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 March 31, 2015:
 
 
 
 
 
 
     Acquisition contingent payment (a)
$
30.0

 
$

 
$

 
$
30.0

     Foreign currency translation
(32.0
)
 
(20.9
)
 
(0.4
)
 
(53.3
)
     Reclassification (b)
(69.1
)
 

 
69.1

 

 
 
 
 
 
 
 
 
Gross Balance at March 31, 2015
$
680.8

 
$
517.3

 
$
762.2

 
$
1,960.3

Accumulated Impairments

 

 
(640.8
)
 
(640.8
)
Net Balance at March 31, 2015
$
680.8

 
$
517.3

 
$
121.4

 
$
1,319.5

 
 
(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 2015 and 2014 for such contingent consideration.

(b) 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 March 31, 2015 and June 30, 2014 are presented below:
 
March 31, 2015
 
June 30, 2014
Indefinite-lived other intangible assets (a)
$
1,155.2

 
$
1,167.8

Finite-lived other intangible assets, net (b)
585.2

 
669.3

Total Other intangible assets, net
$
1,740.4

 
$
1,837.1

 
 
(a) Net of accumulated impairments of $(188.6) as of March 31, 2015 and June 30, 2014.
(b) Net of accumulated impairment of $(33.5) and $(21.0) related to the TJoy customer relationships and trademark, 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

March 31, 2015
 
 
 
 
 
 
 
License agreements
$
795.2

 
$
(490.0
)
 
$

 
$
305.2

Customer relationships (c)
487.0

 
(220.2
)
 

 
266.8

Trademarks (c)
117.7

 
(106.5
)
 

 
11.2

Product formulations
31.6

 
(29.6
)
 

 
2.0

Total
$
1,431.5

 
$
(846.3
)
 
$

 
$
585.2