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GOODWILL AND OTHER INTANGIBLE ASSETS, NET (Tables)
 12 Months Ended
Jun. 30, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of goodwill
Goodwill as of June 30, 2019, 2018 and 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 year ended June 30, 2018
 
 
 
 
 
 
 
Acquisitions
68.2

 
—

 
2.6

 
70.8

Measurement period adjustments
(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

 
 
 
 
 
 
 
 
Changes during the year ended June 30, 2019
 
 
 
 
 
 
 
Impairment charges
—

 
(3,391.1
)
 
—

 
(3,391.1
)
Measurement period adjustments (a)
(10.5
)
 
0.6

 
0.5

 
(9.4
)
Foreign currency translation
(30.7
)
 
(83.5
)
 
(18.6
)
 
(132.8
)
 
 
 
 
 
 
 
 
Gross balance at June 30, 2019
$
3,325.4

 
$
4,844.6

 
$
935.7

 
$
9,105.7

Accumulated impairments
(403.7
)
 
(3,628.2
)
 
—

 
(4,031.9
)
Net balance at June 30, 2019
$
2,921.7

 
$
1,216.4

 
$
935.7

 
$
5,073.8

 
 

(a) Includes measurement period adjustments during the twelve month period ended June 30, 2019 in connection with the Burberry Beauty Business acquisition (Refer to Note 3—Business Combinations).
Schedule of indefinite-lived other intangible assets
Other intangible assets, net as of June 30, 2019 and 2018 are presented below:
 
June 30,
2019
 
June 30,
2018
Indefinite-lived other intangible assets
$
2,729.8

 
$
3,186.2

Finite-lived other intangible assets, net
4,692.5

 
5,098.2

Total Other intangible assets, net
$
7,422.3

 
$
8,284.4


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 year ended June 30, 2018
 
 
 
 
 
 
 
Measurement period adjustments
—

 
—

 
(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

 
 
 
 
 
 
 
 
Changes during the year ended June 30, 2019
 
 
 
 
 
 
 
Impairment charges
(109.6
)
 
(292.5
)
 
(27.0
)
 
(429.1
)
Foreign currency translation
(8.8
)
 
(10.0
)
 
(8.5
)
 
(27.3
)
 
 
 
 
 
 
 
 
Gross balance at June 30, 2019
405.8

 
1,693.1

 
1,257.8

 
3,356.7

Accumulated impairments
(228.4
)
 
(368.4
)
 
(30.1
)
 
(626.9
)
Net balance at June 30, 2019
$
177.4

 
$
1,324.7

 
$
1,227.7

 
$
2,729.8
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

Other intangible assets, net as of June 30, 2019 and 2018 are presented below:
 
June 30,
2019
 
June 30,
2018
Indefinite-lived other intangible assets
$
2,729.8

 
$
3,186.2

Finite-lived other intangible assets, net
4,692.5

 
5,098.2

Total Other intangible assets, net
$
7,422.3

 
$
8,284.4


Intangible assets subject to amortization are presented below:
 
Cost
 
Accumulated Amortization
 
Accumulated Impairment
 
Net
June 30, 2018
 
 
 
 
 
 
 
License agreements
$
3,362.7

 
$
(792.9
)
 
$
—

 
$
2,569.8

Customer relationships
1,960.5

 
(508.7
)
 
(5.5
)
 
1,446.3

Trademarks
1,002.1

 
(185.5
)
 
(0.4
)
 
816.2

Product formulations and technology
361.2

 
(95.3
)
 
—

 
265.9

Total
$
6,686.5

 
$
(1,582.4
)
 
$
(5.9
)
 
$
5,098.2

June 30, 2019
 
 
 
 
 
 
 
License agreements (a)
$
3,245.3

 
$
(874.5
)
 
$
(19.6
)
 
$
2,351.2

Customer relationships (a)
1,951.6

 
(642.0
)
 
(5.5
)
 
1,304.1

Trademarks (b)
1,039.5

 
(229.4
)
 
(0.5
)
 
809.6

Product formulations and technology
354.1

 
(126.5
)
 
—

 
227.6

Total
$
6,590.5

 
$
(1,872.4
)
 
$
(25.6
)
 
$
4,692.5

 
 

(a) Includes measurement period adjustments during the twelve month period ended June 30, 2019 in connection with the Burberry Beauty Business acquisition (Refer to Note 3—Business Combinations).
(b) Includes acquired trademark of $40.8.
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
24.0 years
Customer relationships
15.4 years
Trademarks
21.1 years
Product formulations and technology
9.8 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:
2020
$
345.8

2021
340.3

2022
322.8

2023
314.4

2024
274.3