XML 33 R78.htm IDEA: XBRL DOCUMENT v3.2.0.727
GOODWILL AND OTHER INTANGIBLE ASSETS, NET - Goodwill And Other Intangible Assets, Net (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended 12 Months Ended
Jul. 09, 2014
Mar. 31, 2014
Mar. 31, 2013
Mar. 31, 2015
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2013
Goodwill [Roll Forward]              
Gross beginning balance       $ 1,983.6 $ 1,983.6    
Accumulated impairments         (640.8) $ (640.8) [1]  
Goodwill       1,342.8 1,342.8    
Acquisition contingent payment [2]         30.0    
Acquisitions [3]         194.8    
Foreign currency translation         (36.9)    
Reclassification [4]         69.1    
Gross beginning balance         2,171.5 1,983.6  
Accumulated impairments         (640.8) (640.8) [1]  
Goodwill         1,530.7 1,342.8  
Asset impairment charges         0.0 316.9 $ 1.5
Indefinite-lived other intangible assets [5]         1,274.0 1,167.8  
Finite-lived other intangible assets, net [6]         639.6 669.3  
Total Other intangible assets, net         1,913.6 1,837.1  
Accumulated impairment, indefinite-lived assets         188.6 186.6  
Accumulated impairment, finite-lived assets         0.0 54.5  
Customer relationships              
Goodwill [Roll Forward]              
Finite-lived other intangible assets, net         326.3 307.9  
Accumulated impairment, finite-lived assets         0.0 33.5  
Trademarks              
Goodwill [Roll Forward]              
Finite-lived other intangible assets, net         10.9 14.7  
Accumulated impairment, finite-lived assets         $ 0.0 21.0  
Unilever Cosmetics International              
Goodwill [Roll Forward]              
Contractual contingent consideration period         10 years    
Contingent consideration, range of outcomes, high         $ 30.0    
Contingent consideration paid   $ 30.0 $ 30.0 30.0      
Star Asia and Lena White              
Goodwill [Roll Forward]              
Percentage of shares acquired         100.00%    
Fragrances              
Goodwill [Roll Forward]              
Gross beginning balance       751.9 $ 751.9    
Accumulated impairments         0.0 0.0 [1]  
Goodwill       751.9 751.9    
Acquisition contingent payment [2]         30.0    
Acquisitions [3]         35.0    
Foreign currency translation         (27.0)    
Reclassification [4]         (69.1)    
Gross beginning balance         720.8 751.9  
Accumulated impairments         0.0 0.0 [1]  
Goodwill         720.8 751.9  
Indefinite-lived other intangible assets         20.7 25.2  
Color Cosmetics              
Goodwill [Roll Forward]              
Gross beginning balance       538.2 538.2    
Accumulated impairments         0.0 0.0 [1]  
Goodwill       538.2 538.2    
Acquisition contingent payment [2]         0.0    
Acquisitions [3]         148.7    
Foreign currency translation         (9.6)    
Reclassification [4]         0.0    
Gross beginning balance         677.3 538.2  
Accumulated impairments         0.0 0.0 [1]  
Goodwill         677.3 538.2  
Indefinite-lived other intangible assets         988.0 877.3  
Skin & Body Care              
Goodwill [Roll Forward]              
Gross beginning balance       693.5 693.5    
Accumulated impairments         (640.8) (640.8) [1]  
Goodwill       $ 52.7 52.7    
Acquisition contingent payment [2]         0.0    
Acquisitions [3]         11.1    
Foreign currency translation         (0.3)    
Reclassification [4]         0.0    
Gross beginning balance         773.4 693.5  
Accumulated impairments         (640.8) (640.8) [1]  
Goodwill         132.6 52.7  
Asset impairment charges           256.4 $ 384.4
Indefinite-lived other intangible assets         $ 265.3 $ 265.3  
Transfer From Fragrance To Skin And Body Care              
Goodwill [Roll Forward]              
Reclassification $ 69.1            
[1] Prior to June 30, 2013, the Company recorded pre-tax non-cash impairment in the Skin & Body Care reporting unit of $384.4. In fiscal 2014, the Company recorded pre-tax non-cash impairment in the Skin & Body Care reporting unit of $256.4.
[2] Pursuant to the Company's fiscal 2006 acquisition of Unilever Cosmetics International, the Company was contractually obligated to make 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 fiscal 2015, 2014 and 2013 for such contingent consideration. The March 2015 payment was the final contingent purchase price payment due under the contract.
[3] During the year ended June 30, 2015, the Company acquired 100% of the assets of Bourjois. This transaction was accounted for as business combinations (See Note 4).
[4] 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.
[5] Net of accumulated impairments of $188.6 as of June 30, 2015 and June 30, 2014.
[6] Net of accumulated impairments of $21.0 and $33.5 related to the TJoy trademark and customer relationships, respectively, recorded in fiscal 2014.