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SEGMENT REPORTING
 12 Months Ended
Jun. 30, 2021
Segment Reporting [Abstract]  
SEGMENT REPORTING SEGMENT REPORTING
Operating and reportable segments (referred to as “segments”) reflect the way the Company is managed and for which separate financial information is available and evaluated regularly by the Company’s chief operating decision maker (“CODM”) in deciding how to allocate resources and assess performance. The Company has designated its Chief Executive Officer as the CODM.
The Company’s three segments for its continuing operations are: Americas, EMEA, and Asia Pacific. Americas, EMEA, and Asia Pacific include the businesses focused on prestige fragrances, prestige skin care, prestige cosmetics, mass color cosmetics, mass fragrance, mass skin care and body care, and are supported by central marketing teams.
As previously disclosed, the Company’s CODM is in the process of finalizing her organization structure and how she will assess performance, and the Company has concurrently evaluated the potential impact to its segment reporting. Based on this evaluation, the Company has determined that it is appropriate to realign its reportable segments from the current regional structure to a principally product category-based structure, comprised of a prestige business segment and a consumer beauty business segment. The Company is in the process of making corresponding changes, as needed, to its management structure and operating responsibilities as well as to its information systems to enable appropriate internal and external financial reporting reflecting such newly identified segments by the first quarter of its fiscal year 2022.
Certain income and shared costs and the results of corporate initiatives are managed by Corporate. Corporate primarily includes restructuring and realignment costs, costs related to acquisition and divestiture activities and impairments of long lived assets, goodwill and intangibles that are not attributable to ongoing operating activities of the segments. The results of Younique, LLC ("Younique") are included in "Other." See Note 4—Business Combinations, Asset Acquisitions and Divestitures for information on Younique and the divestiture, which was completed on September 16, 2019. Corporate costs are not used by the CODM to measure the underlying performance of the segments.
With the exception of goodwill, the Company does not identify or monitor assets by segment. The Company does not present assets by reportable segment since various assets are shared between reportable segments. The allocation of goodwill by segment is presented in Note 12—Goodwill and Other Intangible Assets, net.
Year Ended June 30,
SEGMENT DATA202120202019
Net revenues:
Americas$1,866.9 $1,771.0 $2,248.9 
EMEA2,183.7 2,308.6 2,909.7 
Asia Pacific579.3 582.7 771.1 
Other— 55.5 358.2 
Total$4,629.9 $4,717.8 $6,287.9 
Depreciation and amortization:
Americas$255.7 $227.4 $188.4 
EMEA259.9 276.0 272.0 
Asia Pacific69.7 69.5 63.3 
Other— 11.8 54.8 
Total$585.3 $584.7 $578.5 
Operating income (loss) from continuing operations
Americas$36.5 $(164.8)$(1,474.5)
EMEA129.8 (248.4)(1,344.1)
Asia Pacific(13.2)(74.0)(253.1)
Other— (10.9)(18.6)
Corporate(201.7)(738.4)(598.1)
Total$(48.6)$(1,236.5)$(3,688.4)
Reconciliation:
Operating loss from continuing operations$(48.6)$(1,236.5)$(3,688.4)
Interest expense, net235.1 242.7 225.2 
Other (income) expense, net(43.9)(11.6)31.8 
Loss from continuing operations before income taxes$(239.8)$(1,467.6)$(3,945.4)

As of June 30,
Long-lived assets:20212020
U.S.$3,919.0 $3,340.5 
Netherlands3,880.8 69.7 
Brazil494.8 494.0 
Switzerland142.3 3,690.9 
All other1,062.3 1,832.5 
Total$9,499.2 $9,427.6 
For Net revenues, a major country is defined as a group of subsidiaries in a country with combined revenues greater than 10% of consolidated net revenues or as otherwise deemed significant. The United States is the only country that accounts for more than 10% of total net revenues for fiscal years 2021, 2020 and 2019. The United States had net revenues of $1,288.9, $1,159.3 and $1,470.5 in fiscal 2021, 2020 and 2019, respectively. No customer or group of affiliated customers accounted for more than 10% of the Company’s Net revenues in fiscal 2021, 2020 and 2019 or are otherwise deemed significant.
For Long-lived assets, a major country is defined as a group of subsidiaries within a country with combined long-lived assets greater than 10% of consolidated long-lived assets or as otherwise deemed significant. Long-lived assets include property and equipment, goodwill and other intangible assets.
Presented below are the net revenues associated with Company’s product categories as a percentage of total net revenues for continuing operations:
Year Ended June 30,
PRODUCT CATEGORY202120202019
Fragrances57.4 %55.5 %54.4 %
Color Cosmetics29.3 %31.1 %32.2 %
Body Care & Other13.3 %13.4 %13.4 %
Total100.0 %100.0 %100.0 %