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GOODWILL AND OTHER INTANGIBLE ASSETS, NET (Tables)
 12 Months Ended
Jun. 30, 2018
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of goodwill
Goodwill as of June 30, 2018, 2017 and 2016 is presented below:
 
Luxury
 
Consumer Beauty
 
Professional Beauty
 
Total
Gross balance at June 30, 2016
$
1,294.5

 
$
1,288.2

 
$
270.8

 
$
2,853.5

Accumulated impairments
(403.7
)
 
(237.1
)
 
—

 
(640.8
)
Net balance at June 30, 2016
$
890.8

 
$
1,051.1

 
$
270.8

 
$
2,212.7

 
 
 
 
 
 
 
 
Changes during the year ended June 30, 2017
 
 
 
 
 
 
 
Acquisitions
1,866.1

 
3,285.2

 
665.5

 
5,816.8

Measurement period adjustments
308.0

 
124.7

 
12.0

 
444.7

Foreign currency translation
28.2

 
36.3

 
19.2

 
83.7

Dispositions
—

 
(2.4
)
 
—

 
(2.4
)
 
 
 
 
 
 
 
 
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 year ended June 30, 2018
 
 
 
 
 
 
 
Acquisitions (a)
68.2

 
—

 
2.6

 
70.8

Measurement period adjustments (b)
(185.0
)
 
228.8

 
(17.3
)
 
26.5

Foreign currency translation
(10.3
)
 
(24.1
)
 
1.0

 
(33.4
)
Dispositions
(3.1
)
 
(9.2
)
 
—

 
(12.3
)
 
 
 
 
 
 
 
 
Gross balance at June 30, 2018
$
3,366.6

 
$
4,927.5

 
$
953.8

 
$
9,247.9

Accumulated impairments
(403.7
)
 
(237.1
)
 
—

 
(640.8
)
Net balance at June 30, 2018
$
2,962.9

 
$
4,690.4

 
$
953.8

 
$
8,607.1

 
 

(a) Includes goodwill resulting from the Burberry Beauty Business acquisition during the year ended June 30, 2018 (Refer to Note 3—Business Combinations).
(b) Includes measurement period adjustments in connection with the P&G Beauty Business, ghd, Younique and Burberry Beauty Business acquisitions (Refer to Note 3—Business Combinations).
Schedule of indefinite-lived other intangible assets
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, 2016
401.2

 
551.5

 
662.1

 
1,614.8

Accumulated impairments
(118.8
)
 
(75.9
)
 
(3.1
)
 
(197.8
)
Net balance at June 30, 2016
282.4

 
475.6

 
659.0

 
1,417.0

 
 
 
 
 
 
 
 
Changes during the year ended June 30, 2017
 
 
 
 
 
 
 
Acquisitions
—

 
1,390.0

 
663.8

 
2,053.8

Measurement period adjustments
—

 
(255.0
)
 
(60.0
)
 
(315.0
)
Foreign currency translation
8.6

 
9.9

 
12.6

 
31.1

 
 
 
 
 
 
 
 
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 year ended June 30, 2018
 
 
 
 
 
 
 
Measurement period adjustments (a)
—

 
—

 
(14.8
)
 
(14.8
)
Foreign currency translation
4.8

 
6.7

 
2.6

 
14.1

 
 
 
 
 
 
 
 
Gross balance at June 30, 2018
414.6

 
1,703.1

 
1,266.3

 
3,384.0

Accumulated impairments
(118.8
)
 
(75.9
)
 
(3.1
)
 
(197.8
)
Net balance at June 30, 2018
$
295.8

 
$
1,627.2

 
$
1,263.2

 
$
3,186.2

 
 

(a) Includes measurement period adjustments in connection with the ghd acquisition (Refer to Note 3—Business Combinations).
Other intangible assets, net as of June 30, 2018 and 2017 are presented below:
 
June 30,
2018
 
June 30,
2017
Indefinite-lived other intangible assets
$
3,186.2

 
$
3,186.9

Finite-lived other intangible assets, net
5,098.2

 
5,238.3

Total Other intangible assets, net
$
8,284.4

 
$
8,425.2
Schedule of finite-lived other intangible assets
Intangible assets with finite lives are amortized principally using the straight-line method over the following estimated useful lives:
Description
Estimated Useful Lives
License agreements
5-34 years
Customer relationships
2-28 years
Trademarks
2-30 years
Product formulations and technology
3-29 years
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 and technology
389.3

 
(63.0
)
 
—

 
326.3

Total
$
6,476.1

 
$
(1,232.3
)
 
$
(5.5
)
 
$
5,238.3

June 30, 2018
 
 
 
 
 
 
 
License agreements (a)(b)
$
3,362.7

 
$
(792.9
)
 
$
—

 
$
2,569.8

Customer relationships (a)(b)
1,960.5

 
(508.7
)
 
(5.5
)
 
1,446.3

Trademarks
1,002.1

 
(185.5
)
 
(0.4
)
 
816.2

Product formulations and technology (a)
361.2

 
(95.3
)
 
—

 
265.9

Total
$
6,686.5

 
$
(1,582.4
)
 
$
(5.9
)
 
$
5,098.2

 
 

(a) Includes measurement period adjustments in connection with the P&G Beauty Business and ghd acquisitions during fiscal 2018.
(b) Includes License agreements and Customer relationships of $171.1 and $6.7, respectively resulting from the Burberry Beauty Business acquisition during the fiscal year ended June 30, 2018 (see Note 3—Business Combinations).
Other intangible assets, net as of June 30, 2018 and 2017 are presented below:
 
June 30,
2018
 
June 30,
2017
Indefinite-lived other intangible assets
$
3,186.2

 
$
3,186.9

Finite-lived other intangible assets, net
5,098.2

 
5,238.3

Total Other intangible assets, net
$
8,284.4

 
$
8,425.2
Schedule of finite-lived intangible assets weighted average remaining lives
Intangible assets subject to amortization are amortized principally using the straight-line method and have the following weighted-average remaining lives:
Description
 
License agreements
24.6 years
Customer relationships
15.9 years
Trademarks
22.0 years
Product formulations and technology
10.5 years
Schedule of finite-lived intangible assets, future amortization expense
The estimated aggregate amortization expense for each of the following fiscal years ending June 30 is presented below:
2019
$
353.9

2020
349.1

2021
344.8

2022
326.5

2023
304.4