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RESTRUCTURING COSTS
3 Months Ended
Sep. 30, 2019
Restructuring and Related Activities [Abstract]  
Restructuring costs RESTRUCTURING COSTS
Restructuring costs for the three months ended September 30, 2019 and 2018 are presented below:
 
Three Months Ended
September 30,
 
2019
 
2018
Turnaround Plan
$
8.7

 
$

Global Integration Activities
(1.7
)
 
6.5

2018 Restructuring Actions
(0.8
)
 
9.1

Other Restructuring
(0.2
)
 
(0.1
)
Total
$
6.0

 
$
15.5


Turnaround Plan
In connection with the four-year plan announced on July 1, 2019 to drive substantial improvement in Consumer Beauty while further optimizing Luxury and Professional Beauty (the “Turnaround Plan”), the Company has and expects to continue to incur restructuring and related costs.
Of the expected costs, the Company has incurred cumulative restructuring charges of $8.7 related to approved initiatives through September 30, 2019, which have been recorded in Corporate. The following table presents aggregate restructuring charges for the program:
 
Severance and Employee Benefits
 
Third-Party Contract Terminations
 
Fixed Asset Write-offs
 
Other Exit Costs
 
Total
Cumulative through September 30, 2019
$
7.1

 
$
0.1

 
$
0.1

 
$
1.4

 
$
8.7


Over the next four fiscal years, the Company expects to incur approximately $30.0 of additional restructuring charges pertaining to the approved actions, primarily related to employee termination benefits, fixed asset write-offs and other exit-related costs.
The related liability balance and activity for the Turnaround Plan restructuring costs are presented below:
 
Severance and Employee Benefits
 
Third-Party Contract Terminations
 
Fixed Asset Write-offs
 
Other Exit Costs
 
Total
Balance—July 1, 2019
$

 
$

 
$

 
$

 
$

Restructuring charges
7.1

 
0.1

 
0.1

 
1.4

 
8.7

Payments
(0.6
)
 

 

 

 
(0.6
)
Non-cash utilization

 

 
(0.1
)
 

 
(0.1
)
ASC 842 adoption adjustment

 

 

 
(1.4
)
 
(1.4
)
Balance—September 30, 2019
$
6.5

 
$
0.1

 
$

 
$

 
$
6.6

The Company currently estimates that the total remaining accrual of $6.6 will result in cash expenditures of approximately $5.3, $1.1 and $0.2 in fiscal 2020, 2021 and thereafter, respectively.
Global Integration Activities
In connection with the acquisition of The Procter & Gamble Company’s beauty business, the Company has incurred restructuring and related costs aimed at integrating and optimizing the combined organization (“Global Integration Activities”).
Of the expected costs, the Company has incurred cumulative restructuring charges of $498.3 related to approved initiatives through September 30, 2019, which have been recorded in Corporate. The following table presents aggregate restructuring charges for the program:
 
Severance and Employee Benefits
 
Third-Party Contract Terminations
 
Fixed Asset Write-offs
 
Other Exit Costs
 
Total
Fiscal 2017
$
333.9

 
$
22.4

 
$
4.6

 
$
4.1

 
$
365.0

Fiscal 2018
67.5

 
19.3

 
14.3

 
5.4

 
106.5

Fiscal 2019
(6.0
)
 
4.5

 
27.8

 
2.2

 
28.5

Fiscal 2020
(1.7
)
 

 

 

 
(1.7
)
Cumulative through September 30, 2019
$
393.7

 
$
46.2

 
$
46.7

 
$
11.7

 
$
498.3

The related liability balance activity for the Global Integration Activities restructuring costs are presented below:
 
Severance and
Employee
Benefits
 
Third-Party
Contract
Terminations
 
Fixed Asset Write-offs
 
Other
Exit
Costs
 
Total
Program
Costs
Balance—July 1, 2019
$
53.7

 
$
11.7

 
$

 
$
1.6

 
$
67.0

ASC 842 adoption adjustment

 

 

 
(1.5
)
 
(1.5
)
Payments
(8.6
)
 
(3.1
)
 

 
(0.1
)
 
(11.8
)
Changes in estimates
(1.7
)
 

 

 

 
(1.7
)
Effect of exchange rates
(1.7
)
 
(0.1
)
 

 

 
(1.8
)
Balance—September 30, 2019
$
41.7

 
$
8.5

 
$

 
$

 
$
50.2


The Company currently estimates that the total remaining accrual of $50.2 will result in cash expenditures of approximately $32.5, $15.7 and $2.0 in fiscal 2020, 2021 and thereafter, respectively.
2018 Restructuring Actions
During fiscal 2018, the Company began evaluating initiatives to reduce fixed costs and enable further investment in the business (the “2018 Restructuring Actions”).
Of the expected costs, the Company incurred cumulative restructuring charges of $84.4 related to approved initiatives through September 30, 2019, primarily related to role eliminations in Europe and North America, which have been recorded in Corporate. The following table presents aggregate restructuring charges for the program:
 
Severance and Employee Benefits
 
Third-Party Contract Terminations
 
Fixed Asset Write-offs
 
Other Exit Costs
 
Total
Fiscal 2018
$
63.5

 
$
0.2

 
$
1.3

 
$
3.4

 
$
68.4

Fiscal 2019
15.4

 
(0.1
)
 

 
1.5

 
16.8

Fiscal 2020
(0.8
)
 

 

 

 
(0.8
)
Cumulative through September 30, 2019
$
78.1

 
$
0.1

 
$
1.3

 
$
4.9

 
$
84.4


The related liability balance and activity of restructuring costs for the 2018 Restructuring Actions are presented below:
 
Severance and
Employee
Benefits
 
Third-Party
Contract
Terminations
 
Other Exit Costs
 
Total
Program
Costs
Balance—July 1, 2019
$
15.5

 
$
0.1

 
$
1.5

 
$
17.1

Payments
(2.6
)
 
(0.1
)
 

 
(2.7
)
Changes in estimates
(0.8
)
 

 

 
(0.8
)
ASC 842 adoption adjustment

 

 
(1.1
)
 
(1.1
)
Effect of exchange rates
(0.3
)
 

 

 
(0.3
)
Balance—September 30, 2019
$
11.8

 
$

 
$
0.4

 
$
12.2


The Company currently estimates that the total remaining accrual of $12.2 will result in cash expenditures of approximately $10.9, $0.9 and $0.4 in fiscal 2020, 2021 and thereafter, respectively.
Other Restructuring
The Company executed a number of other legacy restructuring activities in prior years, which are substantially completed. The Company recognized (income) expenses, net, of $(0.2) and $(0.1) during the three months ended September 30, 2019 and 2018, respectively. The related liability balances were $4.2 and $9.0 at September 30, 2019 and June 30, 2019, respectively. The Company currently estimates that the total remaining accrual of $4.2 will result in cash expenditures of $2.0, $1.9 and $0.3 in fiscal 2020, 2021 and 2022, respectively.