GOODWILL AND OTHER INTANGIBLE ASSETS, NET (Tables)

9 Months Ended

Mar. 31, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of goodwill

Goodwill as of March 31, 2022 and June 30, 2021 is presented below:

	Prestige		Consumer Beauty		Total
Gross balance at June 30, 2021	$	6,384.0	$	1,774.2	$	8,158.2
Accumulated impairments	(3,110.3)		(929.8)		(4,040.1)
Net balance at June 30, 2021	$	3,273.7	$	844.4	$	4,118.1
Changes during the period ended March 31, 2022
Foreign currency translation	(74.8)		(18.1)		(92.9)
Gross balance at March 31, 2022	$	6,309.2	$	1,756.1	$	8,065.3
Accumulated impairments	(3,110.3)		(929.8)		(4,040.1)
Net balance at March 31, 2022	$	3,198.9	$	826.3	$	4,025.2

Schedule of indefinite-lived intangible assets

Other intangible assets, net as of March 31, 2022 and June 30, 2021 are presented below:

	March 31, 2022		June 30, 2021
Indefinite-lived other intangible assets	$	992.6	$	1,018.7
Finite-lived other intangible assets, net	3,146.6		3,444.3
Total Other intangible assets, net	$	4,139.2	$	4,463.0

The changes in the carrying amount of indefinite-lived other intangible assets are presented below:

	Trademarks		Total
Gross balance at June 30, 2021	$	1,932.2	$	1,932.2
Accumulated impairments	(913.5)		(913.5)
Net balance at June 30, 2021	$	1,018.7	$	1,018.7
Changes during the period ended March 31, 2022
Foreign currency translation	(26.1)		(26.1)
Gross balance at March 31, 2022	$	1,906.1	$	1,906.1
Accumulated impairments	(913.5)		(913.5)
Net balance at March 31, 2022	$	992.6	$	992.6

Schedule of finite-lived intangible assets

Other intangible assets, net as of March 31, 2022 and June 30, 2021 are presented below:

	March 31, 2022		June 30, 2021
Indefinite-lived other intangible assets	$	992.6	$	1,018.7
Finite-lived other intangible assets, net	3,146.6		3,444.3
Total Other intangible assets, net	$	4,139.2	$	4,463.0

Intangible assets subject to amortization are presented below:

	Cost		Accumulated Amortization		Accumulated Impairment		Net
June 30, 2021
License agreements and collaboration agreements	$	4,192.9	$	(1,229.1)	$	(19.6)	$	2,944.2
Customer relationships	803.1		(486.3)		(5.5)		311.3
Trademarks	330.2		(168.7)		(0.5)		161.0
Product formulations and technology	90.2		(62.4)		—		27.8
Total	$	5,416.4	$	(1,946.5)	$	(25.6)	$	3,444.3
March 31, 2022
License agreements and collaboration agreements	$	4,023.0	$	(1,306.3)	$	(19.6)	$	2,697.1
Customer relationships	760.3		(477.6)		(5.5)		277.2
Trademarks	325.4		(176.6)		(0.5)		148.3
Product formulations and technology	87.9		(63.9)		—		24.0
Total	$	5,196.6	$	(2,024.4)	$	(25.6)	$	3,146.6