GOODWILL AND OTHER INTANGIBLE ASSETS, NET (Tables)

6 Months Ended

Dec. 31, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of goodwill

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

	Prestige		Consumer Beauty		Total
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 December 31, 2022
Foreign currency translation	5.1		0.5		5.6
Gross balance at December 31, 2022	$	6,225.8	$	1,734.6	$	7,960.4
Accumulated impairments	(3,110.3)		(929.8)		(4,040.1)
Net balance at December 31, 2022	$	3,115.5	$	804.8	$	3,920.3

Schedule of indefinite-lived intangible assets

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

	December 31, 2022		June 30, 2022
Indefinite-lived other intangible assets	$	943.5	$	936.6
Finite-lived other intangible assets, net	2,904.5		2,966.2
Total Other intangible assets, net	$	3,848.0	$	3,902.8

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

	Trademarks		Total
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 December 31, 2022
Foreign currency translation	6.9		6.9
Gross balance at December 31, 2022	$	1,888.4	$	1,888.4
Accumulated impairments	(944.9)		(944.9)
Net balance at December 31, 2022	$	943.5	$	943.5

Schedule of finite-lived intangible assets

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

	December 31, 2022		June 30, 2022
Indefinite-lived other intangible assets	$	943.5	$	936.6
Finite-lived other intangible assets, net	2,904.5		2,966.2
Total Other intangible assets, net	$	3,848.0	$	3,902.8

Intangible assets subject to amortization are presented below:

	Cost		Accumulated Amortization		Accumulated Impairment		Net
June 30, 2022
License agreements and collaboration agreements	$	3,861.9	$	(1,302.2)	$	(19.6)	$	2,540.1
Customer relationships	740.0		(473.5)		(5.5)		261.0
Trademarks	320.5		(177.1)		(0.5)		142.9
Product formulations and technology	83.9		(61.7)		—		22.2
Total	$	5,006.3	$	(2,014.5)	$	(25.6)	$	2,966.2
December 31, 2022
License agreements and collaboration agreements	$	3,907.8	$	(1,392.2)	$	(19.6)	$	2,496.0
Customer relationships	743.3		(488.7)		(5.5)		249.1
Trademarks	320.9		(183.1)		(0.5)		137.3
Product formulations and technology	84.2		(62.1)		—		22.1
Total	$	5,056.2	$	(2,126.1)	$	(25.6)	$	2,904.5