DISCONTINUED OPERATIONS (Tables)

9 Months Ended

Mar. 31, 2022

Discontinued Operations and Disposal Groups [Abstract]

Schedule of discontinued operations

The following table has selected financial information included in Net income (loss) from discontinued operations for the Wella Business.

	Three Months Ended March 31,				Nine Months Ended March 31,
	2022 (a)		2021		2022 (a)		2021
Net revenues	$	—	$	—	$	—	$	986.3
Cost of sales	—		—		—		322.5
Gross profit	—		—		—		663.8
Selling, general and administrative expenses	—		—		—		443.7
Restructuring costs	—		—		—		(0.7)
Operating income	—		—		—		220.8
Interest expense, net	—		—		—		21.3
(Gain) loss on sale of business	(1.3)		27.5		(6.1)		246.6
Other income, net	—		—		—		(1.0)
Income (loss) from discontinued operations before income taxes	1.3		(27.5)		6.1		(46.1)
Provision for income taxes on discontinued operations	0.6		(10.2)		1.6		102.1
Net income (loss) from discontinued operations	$	0.7	$	(17.3)	$	4.5	$	(148.2)

(a)Net income from discontinued operations for the three and nine months ended March 31, 2022 reflect certain working capital adjustments net of the related income tax impact.

The following is selected financial information included in cash flows from discontinued operations for the Wella Business held for sale:

	Nine Months Ended March 31, 2021
NON-CASH OPERATING ITEMS
Depreciation and amortization	$	—
CASH FLOW FROM INVESTING ACTIVITIES
Capital expenditures	$	8.7