XML 62 R49.htm IDEA: XBRL DOCUMENT v3.5.0.2
BUSINESS COMBINATIONS -Schedule of Allocation of Purchase Price to Net Assets Acquired (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Feb. 01, 2016
Sep. 30, 2016
Sep. 30, 2016
Jun. 30, 2016
Mar. 31, 2016
[2]
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Less Noncontrolling Interest [Abstract]          
Goodwill   $ 2,192.3 $ 2,192.3 $ 2,212.7  
Measurement period adjustment          
Goodwill [1]   (16.6)      
Brazilian Beauty Business          
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Less Noncontrolling Interest [Abstract]          
Cash and cash equivalents   11.1 11.1   $ 11.1
Inventories   45.6 45.6   45.6
Property, plant and equipment   95.4 95.4   95.4
Goodwill   537.1 537.1   553.7
Other net working capital   0.7 0.7   0.7
Net other assets   1.4 1.4   2.1
Deferred tax liability, net   (4.2) (4.2)   (21.5)
Total purchase price   901.9 901.9   901.9
Measurement period adjustment          
Cash and cash equivalents [3]     0.0    
Inventories [3]     0.0    
Property, plant and equipment [3]     0.0    
Goodwill [3]     (16.6)    
Other net working capital [3]     0.0    
Net other assets [3]     (0.7)    
Deferred tax liability, net [3]     17.3    
Total purchase price [3]     0.0    
Asset retirement obligation   0.7      
Brazilian Beauty Business | Minimum          
Measurement period adjustment          
Property, plant and equipment, estimated useful life 2 years        
Brazilian Beauty Business | Maximum          
Measurement period adjustment          
Property, plant and equipment, estimated useful life 40 years        
Brazilian Beauty Business | Trademarks          
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Less Noncontrolling Interest [Abstract]          
Trademarks, customer relationships, and product formulations   10.3 10.3   10.3
Measurement period adjustment          
Intangibles [3]     0.0    
Brazilian Beauty Business | Trademarks | Minimum          
Measurement period adjustment          
Acquired finite-lived intangible assets, useful life 5 years        
Brazilian Beauty Business | Trademarks | Maximum          
Measurement period adjustment          
Acquired finite-lived intangible assets, useful life 15 years        
Brazilian Beauty Business | Customer relationships          
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Less Noncontrolling Interest [Abstract]          
Trademarks, customer relationships, and product formulations   44.6 44.6   44.6
Measurement period adjustment          
Intangibles [3]     0.0    
Brazilian Beauty Business | Customer relationships | Minimum          
Measurement period adjustment          
Acquired finite-lived intangible assets, useful life 13 years        
Brazilian Beauty Business | Customer relationships | Maximum          
Measurement period adjustment          
Acquired finite-lived intangible assets, useful life 28 years        
Brazilian Beauty Business | Product formulations          
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Less Noncontrolling Interest [Abstract]          
Trademarks, customer relationships, and product formulations   12.8 12.8   12.8
Measurement period adjustment          
Intangibles [3]     0.0    
Acquired finite-lived intangible assets, useful life 3 years        
Brazilian Beauty Business | Trademarks          
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Less Noncontrolling Interest [Abstract]          
Trademarks - indefinite   $ 147.1 147.1   $ 147.1
Measurement period adjustment          
Intangibles [3]     $ 0.0    
[1] Relates to measurement period adjustments in connection with the Brazil Acquisition (Refer to Note 4 — Business Combinations)
[2] As previously reported in the Company’s Annual Report on Form 10-K for the fiscal year ended June 30, 2016.
[3] The Company recorded measurement period adjustments in the first quarter of fiscal 2017 to account for a $0.7 asset retirement obligation, as well as, a net decrease in net deferred tax liability of $17.3 million as of the February 1, 2016 acquisition date. These adjustments were offset against Goodwill.