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GOODWILL AND OTHER INTANGIBLE ASSETS, NET
3 Months Ended
Sep. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
GOODWILL AND OTHER INTANGIBLE ASSETS, NET GOODWILL AND OTHER INTANGIBLE ASSETS, NET
Goodwill
Goodwill as of September 30, 2022 and June 30, 2022 is presented below:
PrestigeConsumer BeautyTotal
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 
Changes during the period ended September 30, 2022
Foreign currency translation (94.4)(23.9)(118.3)
Gross balance at September 30, 2022$6,126.3 $1,710.2 $7,836.5 
Accumulated impairments(3,110.3)(929.8)(4,040.1)
Net balance at September 30, 2022$3,016.0 $780.4 $3,796.4 
Other Intangible Assets, net
Other intangible assets, net as of September 30, 2022 and June 30, 2022 are presented below:
September 30,
2022
June 30,
2022
Indefinite-lived other intangible assets$914.5 $936.6 
Finite-lived other intangible assets, net 2,800.1 2,966.2 
Total Other intangible assets, net$3,714.6 $3,902.8 

The changes in the carrying amount of indefinite-lived other intangible assets are presented below:
TrademarksTotal
Gross balance at June 30, 2022$1,881.5 $1,881.5 
Accumulated impairments (944.9)(944.9)
Net balance at June 30, 2022$936.6 $936.6 
Changes during the period ended September 30, 2022
Foreign currency translation(22.1)(22.1)
Gross balance at September 30, 2022$1,859.4 $1,859.4 
Accumulated impairments(944.9)(944.9)
Net balance at September 30, 2022$914.5 $914.5 
Intangible assets subject to amortization are presented below:
CostAccumulated AmortizationAccumulated ImpairmentNet
June 30, 2022
License agreements and collaboration agreements$3,861.9 $(1,302.2)$(19.6)$2,540.1 
Customer relationships740.0 (473.5)(5.5)261.0 
Trademarks320.5 (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 
September 30, 2022
License agreements and collaboration agreements$3,713.4 $(1,298.7)$(19.6)$2,395.1 
Customer relationships722.4 (470.2)(5.5)246.7 
Trademarks315.4 (177.2)(0.5)137.7 
Product formulations and technology80.5 (59.9)— 20.6 
Total$4,831.7 $(2,006.0)$(25.6)$2,800.1 
Amortization expense was $47.3 and $57.0 for the three months ended September 30, 2022 and 2021, respectively.