XML 27 R34.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
GOODWILL AND OTHER INTANGIBLE ASSETS, NET (Tables)
6 Months Ended
Dec. 31, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of goodwill
Goodwill as of December 31, 2019 and June 30, 2019 is presented below:
LuxuryConsumer BeautyProfessional BeautyTotal
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  $5,073.8  
Changes during the period ended December 31, 2019
Disposition of business$—  $(23.4) $—  $(23.4) 
Foreign currency translation (25.3) (18.7) 9.6  (34.4) 
Gross balance at December 31, 2019$3,300.1  $4,802.5  $945.3  $9,047.9  
Accumulated impairments(403.7) (3,628.2) —  (4,031.9) 
Net balance at December 31, 2019$2,896.4  $1,174.3  $945.3  $5,016.0  
Schedule of indefinite-lived intangible assets
Other intangible assets, net as of December 31, 2019 and June 30, 2019 are presented below:
December 31,
2019
June 30,
2019
Indefinite-lived other intangible assets$2,727.0  $2,729.8  
Finite-lived other intangible assets, net 4,265.5  4,692.5  
Total Other intangible assets, net$6,992.5  $7,422.3  
The changes in the carrying amount of indefinite-lived other intangible assets are presented below:
LuxuryConsumer BeautyProfessional BeautyTotal
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  $2,729.8  
Changes during the period ended December 31, 2019
Foreign currency translation$(2.4) $(4.1) $3.7  $(2.8) 
Gross balance at December 31, 2019$403.4  $1,689  $1,261.5  $3,353.9  
Accumulated impairments(228.4) (368.4) (30.1) (626.9) 
Net balance at December 31, 2019$175.0  $1,320.6  $1,231.4  $2,727.0  
Schedule of finite-lived intangible assets
Other intangible assets, net as of December 31, 2019 and June 30, 2019 are presented below:
December 31,
2019
June 30,
2019
Indefinite-lived other intangible assets$2,727.0  $2,729.8  
Finite-lived other intangible assets, net 4,265.5  4,692.5  
Total Other intangible assets, net$6,992.5  $7,422.3  
ntangible assets subject to amortization are presented below:
CostAccumulated AmortizationAccumulated ImpairmentNet
June 30, 2019
License agreements$3,245.3  $(874.5) $(19.6) $2,351.2  
Customer relationships1,951.6  (642.0) (5.5) 1,304.1  
Trademarks1,039.5  (229.4) (0.5) 809.6  
Product formulations and technology354.1  (126.5) —  227.6  
Total$6,590.5  $(1,872.4) $(25.6) $4,692.5  
December 31, 2019
License agreements$3,209.5  $(937.7) $(19.6) $2,252.2  
Customer relationships1,746.1  (622.0) (5.5) 1,118.6  
Trademarks914.1  (233.6) (0.5) 680.0  
Product formulations and technology356.3  (141.6) —  214.7  
Total$6,226.0  $(1,934.9) $(25.6) $4,265.5