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GOODWILL AND OTHER INTANGIBLE ASSETS, NET (Tables)
 12 Months Ended
Jun. 30, 2021
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of goodwill
Goodwill as of June 30, 2021, 2020 and 2019 is presented below:
AmericasEMEAAPACTotal
Gross balance at June 30, 2019$3,069.4 $3,737.9 $1,294.6 $8,101.9 
Accumulated impairments(1,768.7)(1,752.3)(414.1)(3,935.1)
Net balance at June 30, 2019$1,300.7 $1,985.6 $880.5 $4,166.8 
Changes during the year ended June 30, 2020
Acquisitions (a)
128.6 — — 128.6 
Dispositions(10.8)(10.1)(2.0)(22.9)
Impairment charges (b)
— (105.0)— (105.0)
Foreign currency translation(75.0)(88.9)(29.7)(193.6)
Gross balance at June 30, 2020$3,112.2 $3,638.9 $1,262.9 $8,014.0 
Accumulated impairments(1,768.7)(1,857.3)(414.1)(4,040.1)
Net balance at June 30, 2020$1,343.5 $1,781.6 $848.8 $3,973.9 
Changes during the year ended June 30, 2021
Measurement period adjustments (c)
(62.0)35.9 26.1 — 
Foreign currency translation46.6 68.2 29.4 144.2 
Gross balance at June 30, 2021$3,096.8 $3,743.0 $1,318.4 $8,158.2 
Accumulated impairments(1,768.7)(1,857.3)(414.1)(4,040.1)
Net balance at June 30, 2021$1,328.1 $1,885.7 $904.3 $4,118.1 

(a)Includes goodwill resulting from the King Kylie Transaction on January 6, 2020 (Refer to Note 4—Business Combinations, Asset Acquisitions and Divestitures).
(b)As a result of the June 1, 2020 impairment test, the EMEA reporting unit was impaired due to the COVID-19 pandemic, a loss of synergies from the sale of the Wella Business and an increase in the discount rate.
(c)Includes measurement period adjustments in connection with the King Kylie acquisition (Refer to Note 4—Business Combinations, Asset Acquisitions and Divestitures).
Schedule of indefinite-lived intangible assets Other intangible assets, net as of June 30, 2021 and 2020 are presented below:
June 30,
2021		June 30,
2020
Indefinite-lived other intangible assets $1,018.7 $995.5 
Finite-lived other intangible assets, net 3,444.3 3,376.6 
Total Other intangible assets, net$4,463.0 $4,372.1 
The changes in the carrying amount of indefinite-lived other intangible assets are presented below:
TrademarksTotal
Gross balance at June 30, 2019$1,914.0 $1,914.0 
Accumulated impairments(584.5)(584.5)
Net balance at June 30, 2019$1,329.5 $1,329.5 
Changes during the year ended June 30, 2020
Impairment charges (a)
(329.0)(329.0)
Foreign currency translation(5.0)(5.0)
Gross balance at June 30, 2020$1,909.0 $1,909.0 
Accumulated impairments(913.5)(913.5)
Net balance at June 30, 2020$995.5 $995.5 
Changes during the year ended June 30, 2021
Foreign currency translation23.2 23.2 
Gross balance at June 30, 2021$1,932.2 $1,932.2 
Accumulated impairments$(913.5)$(913.5)
Net balance at June 30, 20211,018.7 1,018.7 

(a) During fiscal 2020, the Company recognized asset impairment charges of $329.0 relating to indefinite-lived other intangible assets, mainly the CoverGirl, Max Factor, Philosophy and Bourjois trademarks.
Schedule of finite-lived intangible assets
Intangible assets with finite lives are amortized principally using the straight-line method over the following estimated useful lives:
DescriptionEstimated Useful Lives
License agreements
2-34 years
Customer relationships
2-28 years
Trademarks
2-30 years
Product formulations and technology
2-28 years
Other intangible assets, net as of June 30, 2021 and 2020 are presented below:
June 30,
2021		June 30,
2020
Indefinite-lived other intangible assets $1,018.7 $995.5 
Finite-lived other intangible assets, net 3,444.3 3,376.6 
Total Other intangible assets, net$4,463.0 $4,372.1 
Intangible assets subject to amortization are presented below:
CostAccumulated AmortizationAccumulated ImpairmentNet
June 30, 2020
License and collaboration agreements(a)
$3,861.2 $(1,021.1)$(19.6)$2,820.5 
Customer relationships(a)
786.1 (427.3)(5.5)353.3 
Trademarks325.7 (154.0)(0.5)171.2 
Product formulations and technology86.2 (54.6)— 31.6 
Total$5,059.2 $(1,657.0)$(25.6)$3,376.6 
June 30, 2021
License and collaboration agreements(b)
$4,192.9 $(1,229.1)$(19.6)$2,944.2 
Customer relationships803.1 (486.3)(5.5)311.3 
Trademarks
330.2 (168.7)(0.5)161.0 
Product formulations and technology90.2 (62.4)— 27.8 
Total$5,416.4 $(1,946.5)$(25.6)$3,444.3 

(a)Includes License agreements and Customer relationships of $649.0 and $27.0, respectively resulting from the King Kylie acquisition on January 6, 2020 (Refer to Note 4—Business Combinations, Asset Acquisitions and Divestitures).
(b)Includes the KKW Collaboration Agreement of $180.6 resulting from the KKW Holdings transaction on January 4, 2021 (Refer to Note 4—Business Combinations, Asset Acquisitions and Divestitures).
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 and collaboration agreements21.8 years
Customer relationships15.9 years
Trademarks16.1 years
Product formulations and technology22.1 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:
2022$212.7 
2023205.6 
2024203.7 
2025199.0 
2026167.7