GOODWILL AND OTHER INTANGIBLE ASSETS, NET (Tables)

9 Months Ended

Mar. 31, 2016

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of goodwill and other intangible assets

Goodwill as of March 31, 2016 and June 30, 2015 is presented below:

	Fragrances		Color Cosmetics		Skin & Body Care			Brazil Acquisition		Total
Gross balance at June 30, 2015	$	720.8	$	677.3	$	773.4		$	—	$	2,171.5
Accumulated impairments	—		—		(640.8		)	—		(640.8		)
Net balance at June 30, 2015	$	720.8	$	677.3	$	132.6		$	—	$	1,530.7
Changes during the period ended March 31, 2016:
Acquisitions (a)(b)	114.1		89.4		63.7			243.3		510.5
Foreign currency translation	11.7		8.7		6.7			27.7		54.8
Gross balance at March 31, 2016	$	846.6	$	775.4	$	843.8		$	271.0	$	2,736.8
Accumulated impairments	—		—		(640.8		)	—		(640.8		)
Net balance at March 31, 2016	$	846.6	$	775.4	$	203.0		$	271.0	$	2,096.0

^(a) During the nine months ended March 31, 2016, the Company acquired 100% of the net assets of the Brazilian Beauty Business. This transaction was accounted for as a business combination (See Note 4).

^(b) During the nine months ended March 31, 2016, the Company acquired 100% of the issued share capital of Beamly Limited (the “digital marketing company”) for a purchase price of $17.9 in a transaction accounted for as a business combination, which resulted in the recognition of $13.7 of goodwill.

Other Intangible Assets

Other intangible assets, net as of March 31, 2016 and June 30, 2015 are presented below:

	March 31, 2016		June 30, 2015
Indefinite-lived other intangible assets, net	$	1,438.3	$	1,274.0
Finite-lived other intangible assets, net	719.7		639.6
Total Other intangible assets, net	$	2,158.0	$	1,913.6

Schedule of indefinite-lived intangible assets

The changes in the carrying amount of indefinite-lived other intangible assets are presented below:

	Fragrances		Color Cosmetics			Skin & Body Care			Brazil Acquisition		Total
Gross balance at June 30, 2015	$	20.7	$	997.2		$	453.9		$	—	$	1,471.8
Accumulated impairments	—		(9.2		)	(188.6		)	—		(197.8		)
Net balance at June 30, 2015	20.7		988.0			265.3			—		1,274.0
Changes during the period ended March 31, 2016:
Acquisitions (a)	—		—			—			157.1		157.1
Foreign currency translation	0.2		0.5			—			6.5		7.2
Gross balance at March 31, 2016	20.9		997.7			453.9			163.6		1,636.1
Accumulated impairments	—		(9.2		)	(188.6		)	—		(197.8		)
Net balance at March 31, 2016	$	20.9	$	988.5		$	265.3		$	163.6	$	1,438.3

^(a) During the nine months ended March 31, 2016, the Company acquired 100% of the net assets of the Brazilian Beauty Business. This transaction was accounted for as a business combination (See Note 4).

Intangible assets subject to amortization

Intangible assets subject to amortization are presented below:

	Cost		Accumulated Amortization			Accumulated Impairment			Net
June 30, 2015
License agreements	$	800.7	$	(501.1	)	$	—		$	299.6
Customer relationships	559.1		(232.8		)	—			326.3
Trademarks	119.1		(108.2		)	—			10.9
Product formulations	32.7		(29.9		)	—			2.8
Total	$	1,511.6	$	(872.0	)	$	—		$	639.6
March 31, 2016
License agreements	$	802.5	$	(526.7	)	$	—		$	275.8
Customer relationships (a)	678.9		(264.2		)	(5.5		)	409.2
Trademarks (a)	128.8		(108.4		)	—			20.4
Product formulations (a)	45.5		(31.2		)	—			14.3
Total	$	1,655.7	$	(930.5	)	$	(5.5	)	$	719.7

^(a) Additions to Customer relationships, Trademarks, and Product formulations of $108.2, $10.0 and $11.8, respectively, were recorded in connection with the Brazilian Beauty Business acquisition (see Note 4).

Intangible assets subject to amortization are amortized principally using the straight-line method and have the following weighted-average remaining lives:

Description:	March 31, 2016
License agreements	9.7 years
Customer relationships	11.1 years
Trademarks	11.1 years
Product formulations	2.7 years