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GOODWILL AND OTHER INTANGIBLE ASSETS, NET (Tables)
 12 Months Ended
Jun. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of goodwill Goodwill as of June 30, 2022, 2021 and 2020 is presented below:
PrestigeConsumer BeautyTotal
Gross balance at June 30, 2020$6,255.5 $1,758.5 $8,014.0 
Accumulated impairments(3,110.3)(929.8)(4,040.1)
Net balance at June 30, 2020$3,145.2 $828.7 $3,973.9 
Changes during the year ended June 30, 2021
Measurement period adjustments13.9 (13.9)— 
Foreign currency translation114.6 29.6 144.2 
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 year ended June 30, 2022
Foreign currency translation(163.3)(40.1)(203.4)
Gross balance at June 30, 2022$6,220.7 $1,734.1 $7,954.8 
Accumulated impairments(3,110.3)(929.8)(4,040.1)
Net balance at June 30, 2022$3,110.4 $804.3 $3,914.7 
Schedule of indefinite-lived intangible assets Other intangible assets, net as of June 30, 2022 and 2021 are presented below:
June 30,
2022		June 30,
2021
Indefinite-lived other intangible assets $936.6 $1,018.7 
Finite-lived other intangible assets, net 2,966.2 3,444.3 
Total Other intangible assets, net$3,902.8 $4,463.0 
The changes in the carrying amount of indefinite-lived other intangible assets are presented below:
TrademarksTotal
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, 2021$1,018.7 $1,018.7 
Changes during the year ended June 30, 2022
Impairment charges (a)
(31.4)(31.4)
Foreign currency translation(50.7)(50.7)
Gross balance at June 30, 2022$1,881.5 $1,881.5 
Accumulated impairments
$(944.9)$(944.9)
Net balance at June 30, 2022936.6 936.6 
(a) During fiscal 2022, the Company recognized asset impairment charges of $31.4 relating to the Max Factor 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, 2022 and 2021 are presented below:
June 30,
2022		June 30,
2021
Indefinite-lived other intangible assets $936.6 $1,018.7 
Finite-lived other intangible assets, net 2,966.2 3,444.3 
Total Other intangible assets, net$3,902.8 $4,463.0 
Intangible assets subject to amortization are presented below:
CostAccumulated AmortizationAccumulated ImpairmentNet
June 30, 2021
License and collaboration agreements (a)
$4,192.9 $(1,229.1)$(19.6)$2,944.2 
Customer relationships803.1 (486.3)(5.5)311.3 
Trademarks330.2 (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 
June 30, 2022
License and collaboration agreements$3,861.9 $(1,302.2)$(19.6)$2,540.1 
Customer relationships740.0 (473.5)(5.5)261.0 
Trademarks
320.5 (177.1)(0.5)142.9 
Product formulations and technology83.9 (61.7)— 22.2 
Total$5,006.3 $(2,014.5)$(25.6)$2,966.2 
(a) 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 agreements20.9 years
Customer relationships15.8 years
Trademarks15.5 years
Product formulations and technology22.3 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:
2023$200.0 
2024198.2 
2025193.7 
2026162.5 
2027152.7