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GOODWILL AND OTHER INTANGIBLE ASSETS, NET (Tables)
6 Months Ended
Dec. 31, 2017
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of goodwill
Goodwill as of December 31, 2017 and June 30, 2017 is presented below:
 
Luxury
 
Consumer Beauty
 
Professional Beauty
 
Total
Gross balance at June 30, 2017
$
3,496.8

 
$
4,732.0

 
$
967.5

 
$
9,196.3

Accumulated impairments
(403.7
)
 
(237.1
)
 

 
(640.8
)
Net balance at June 30, 2017
$
3,093.1

 
$
4,494.9

 
$
967.5

 
$
8,555.5

 
 
 
 
 
 
 
 
Changes during the period ended December 31, 2017:
 
 
 
 
 
 
 
Acquisitions (a)
68.2

 

 

 
68.2

Measurement period adjustments (b)
(140.3
)
 
222.7

 
(22.5
)
 
59.9

Foreign currency translation
55.9

 
99.8

 
25.6

 
181.3

 
 
 
 
 
 
 
 
Gross balance at December 31, 2017
$
3,480.6

 
$
5,054.5

 
$
970.6

 
$
9,505.7

Accumulated impairments
(403.7
)
 
(237.1
)
 

 
(640.8
)
Net balance at December 31, 2017
$
3,076.9

 
$
4,817.4

 
$
970.6

 
$
8,864.9

 
 
(a) Includes goodwill resulting from the Burberry Beauty Business acquisition (Refer to Note 4Business Combinations).
(b) Includes measurement period adjustments in connection with the P&G Beauty Business, ghd and Younique acquisitions (Refer to Note 4Business Combinations).
Schedule of finite-lived intangible assets
Intangible assets subject to amortization are presented below:
 
Cost
 
Accumulated Amortization
 
Accumulated Impairment
 
Net
June 30, 2017
 
 
 
 
 
 
 
License agreements
$
3,148.4

 
$
(653.3
)
 
$

 
$
2,495.1

Customer relationships
1,937.3

 
(375.0
)
 
(5.5
)
 
1,556.8

Trademarks
1,001.1

 
(141.0
)
 

 
860.1

Product formulations
389.3

 
(63.0
)
 

 
326.3

Total
$
6,476.1

 
$
(1,232.3
)
 
$
(5.5
)
 
$
5,238.3

December 31, 2017
 
 
 
 
 
 
 
License agreements (a)(b)
$
3,385.0

 
$
(724.6
)
 
$

 
$
2,660.4

Customer relationships (a)(b)
2,002.5

 
(447.5
)
 
(5.5
)
 
1,549.5

Trademarks
1,004.9

 
(164.8
)
 

 
840.1

Product formulations and technology (a)
370.4

 
(79.8
)
 

 
290.6

Total
$
6,762.8

 
$
(1,416.7
)
 
$
(5.5
)
 
$
5,340.6

 
 
(a) Includes measurement period adjustments in connection with the P&G Beauty Business and ghd acquisitions during the six months ended December 31, 2017 (Refer to Note 4Business Combinations).
(b) Includes License agreement of $112.3 and Customer relationships of $17.4 resulting from the Burberry Beauty Business acquisition during the six months ended December 31, 2017 (Refer to Note 4Business Combinations).
Other intangible assets, net as of December 31, 2017 and June 30, 2017 are presented below:
 
December 31, 2017
 
June 30,
2017
Indefinite-lived other intangible assets
$
3,210.1

 
$
3,186.9

Finite-lived other intangible assets, net
5,340.6

 
5,238.3

Total Other intangible assets, net
$
8,550.7

 
$
8,425.2

Schedule of indefinite-lived intangible assets
Other intangible assets, net as of December 31, 2017 and June 30, 2017 are presented below:
 
December 31, 2017
 
June 30,
2017
Indefinite-lived other intangible assets
$
3,210.1

 
$
3,186.9

Finite-lived other intangible assets, net
5,340.6

 
5,238.3

Total Other intangible assets, net
$
8,550.7

 
$
8,425.2

The changes in the carrying amount of indefinite-lived other intangible assets are presented below:
 
Luxury
 
Consumer Beauty
 
Professional Beauty
 
Total
Gross balance at June 30, 2017
$
409.8

 
$
1,696.4

 
$
1,278.5

 
$
3,384.7

Accumulated impairments
(118.8
)
 
(75.9
)
 
(3.1
)
 
(197.8
)
Net balance at June 30, 2017
291.0

 
1,620.5

 
1,275.4

 
3,186.9

 
 
 
 
 
 
 
 
Changes during the period ended December 31, 2017:
 
 
 
 
 
 
 
Measurement period adjustments (a)

 

 
(14.8
)
 
(14.8
)
Foreign currency translation
12.3

 
15.9

 
9.8

 
38.0

 
 
 
 
 
 
 
 
Gross balance at December 31, 2017
422.1

 
1,712.3

 
1,273.5

 
3,407.9

Accumulated impairments
(118.8
)
 
(75.9
)
 
(3.1
)
 
(197.8
)
Net balance at December 31, 2017
$
303.3

 
$
1,636.4

 
$
1,270.4

 
$
3,210.1

 
 
(a) Includes measurement period adjustments in connection with the ghd acquisition (Refer to Note 4Business Combinations).