XML 36 R21.htm IDEA: XBRL DOCUMENT v3.22.2.2
PROPERTY AND EQUIPMENT, NET
 12 Months Ended
Jun. 30, 2022
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT, NET PROPERTY AND EQUIPMENT, NET
Property and equipment, net as of June 30, 2022 and 2021 are presented below:
June 30,
2022		June 30,
2021
Land, buildings and leasehold improvements$424.2 $508.6 
Machinery and equipment670.7 733.1 
Marketing furniture and fixtures501.8 516.7 
Computer equipment and software737.9 780.9 
Construction in progress65.2 63.0 
Property and equipment, gross2,399.8 2,602.3 
Accumulated depreciation and amortization(1,684.3)(1,684.2)
Property and equipment, net$715.5 $918.1 
Depreciation expense of property and equipment totaled $309.0, $334.1 and $351.7 in fiscal 2022, 2021 and 2020, respectively. Depreciation expense is recorded in Cost of sales and Selling, general and administrative expenses in the Consolidated Statements of Operations.
During fiscal 2022, 2021 and 2020, the Company recorded asset impairment charges of $2.4, $5.2 and $16.8 respectively, which are included in Selling, general and administrative expenses in the Consolidated Statements of Operations. The fiscal 2022, 2021 and 2020 impairment charges primarily relate to the abandonment of computer software, the abandonment of machinery and equipment and the abandonment of a retail store and software no longer in use, respectively.