RESTRUCTURING COSTS

Restructuring costs for the years ended June 30, 2016, 2015 and 2014 are presented below:



	Year Ended June 30,
	2016		2015			2014
Acquisition Integration Program	$	42.3	$	15.3		$	—
Organizational Redesign	34.5		58.6			13.0
Productivity Program	9.8		2.1			14.2
Other Restructuring^(a)	0.3		(0.6		)	10.1
Total	$	86.9	$	75.4		$	37.3

^(a) Other restructuring primarily relates to non-material restructuring costs associated with the Brazil Acquisition in fiscal 2016 and the China Optimization program for fiscal 2015 and 2014.

Acquisition Integration Program

In the first quarter of fiscal 2016, the Company’s Board of Directors (the “Board”) approved an expansion to the Acquisition Integration Program in connection with the acquisition of the Bourjois brand. Actions and cash payments associated with the program were initiated after the acquisition of Bourjois and are expected to be substantially completed by the end of fiscal 2017. The Company anticipates the Acquisition Integration Program will result in pre-tax restructuring and related costs of approximately $67.0, all of which will result in cash payments. The Company incurred $57.6 of restructuring costs life-to-date as of June 30, 2016, which have been recorded in Corporate.

The related liability balance and activity for the Acquisition Integration Program costs are presented below:



	Severance and Employee Benefits			Third-Party Contract Terminations			Other Exit Costs			Total Program Costs
Balance—July 1, 2015	$	0.7		$	14.6		$	—		$	15.3
Restructuring charges	45.9			0.7			0.7			47.3
Payments	(7.5		)	(5.6		)	(0.4		)	(13.5		)
Changes in estimates ^(a)	(3.6		)	(1.2		)	(0.2		)	(5.0		)
Effect of exchange rates	0.2			(0.9		)	—			(0.7		)
Balance—June 30, 2016	$	35.7		$	7.6		$	0.1		$	43.4

^(a) The decrease in severance and employee benefits is primarily attributable to employees who have voluntarily left positions that were to be eliminated.

The Company currently estimates that the total remaining accrual of $43.4 will result in cash expenditures of approximately $21.7, $17.4, $0.8 and $3.5 in fiscal 2017, 2018, 2019 and 2020, respectively.

Organizational Redesign

During the fourth quarter of fiscal 2014, the Company’s Board of Directors approved a program associated with a new organizational structure (“Organizational Redesign”) that aims to reinforce the Company’s growth path and strengthen its position as a global leader in beauty. The Company anticipates that the Organizational Redesign will result in pre-tax restructuring and related costs of $145.0 to $180.0, all of which will result in cash payments. The Company anticipates substantial completion of all project activities by the end of fiscal 2017, with the remaining costs primarily charged to Corporate. The Company incurred $106.1 of restructuring costs life-to-date as of June 30, 2016, which have been recorded in Corporate. The Company incurred $20.8 of other business realignment costs life-to-date as of June 30, 2016, which have been reported in Selling, general and administrative expenses in the Consolidated Statements of Operations in Corporate. The Company also incurred $1.2 of accelerated depreciation for fiscal 2016 resulting from a change in the estimated useful life of manufacturing equipment reported in Cost of goods sold in the Consolidated Statements of Operations in Corporate.

The related liability balance and activity for the restructuring costs are presented below:



	Severance and Employee Benefits			Third-Party Contract Terminations			Other Exit Costs			Total Program Costs
Balance—July 1, 2015	$	32.0		$	—		$	0.1		$	32.1
Restructuring charges	38.8			0.8			1.4			41.0
Payments	(31.3		)	—			(0.5		)	(31.8		)
Changes in estimates ^(a)	(6.4		)	(0.1		)	—			(6.5		)
Effects of exchange rates	0.5			(0.3		)	(0.5		)	(0.3		)
Balance—June 30, 2016	$	33.6		$	0.4		$	0.5		$	34.5

^(a) The decrease in severance and employee benefits is primarily attributable to favorable employment settlements with restructured employees, and a redeployment of employees originally intended to be restructured.

The Company currently estimates that the total remaining accrual of $34.5 will result in cash expenditures of $32.9 and $1.6 in fiscal 2017 and 2018, respectively.

Productivity Program

During the fourth quarter of fiscal 2013, the Company’s Board of Directors approved a number of business integration and productivity initiatives aimed at enhancing long-term operating margins (the “Productivity Program”). Such activities primarily related to integration of supply chain and selling activities within the Skin & Body Care segment, as well as certain commercial organization re-design activities, primarily in Europe and optimization of selected administrative support functions.

The Productivity Program was substantially completed during fiscal 2016. The Company incurred $51.4 of restructuring costs life-to-date as of June 30, 2016 which have been recorded in Corporate. The Company incurred $12.8 of other business structure realignment costs life-to-date as of June 30, 2016, which have been reported in Selling, general and administrative expenses in the Consolidated Statements of Operations in Corporate.

The related liability balance and activity for the restructuring costs which, represents severance and employee benefits, are presented below:



	Severance and Employee Benefits			Third-Party Contract Terminations			Other Exit Costs			Total Program Costs
Balance—July 1, 2015	$	7.0		$	—		$	—		$	7.0
Restructuring charges	7.5			0.7			2.4			10.6
Payments	(7.3		)	(0.7		)	(2.4		)	(10.4		)
Changes in estimates	(0.8		)	—			—			(0.8		)
Effect of exchange rates	(0.2		)	—			—			(0.2		)
Balance—June 30, 2016	$	6.2		$	—		$	—		$	6.2

The Company currently estimates that the total remaining accrual of $6.2 will result in cash expenditures of approximately $5.9 and $0.3 in fiscal 2017 and 2018, respectively.