DISCONTINUED OPERATIONS (Tables)

12 Months Ended

Jun. 30, 2023

Discontinued Operations and Disposal Groups [Abstract]

Schedule of discontinued operations

The following table has selected financial information included in Net income from discontinued operations for the Wella Business.

	Year Ended June 30,
	2023		2022 (a)		2021 (b)
Net revenues	$	—	$	—	$	986.3
Cost of sales	—		—		322.5
Gross profit	—		—		663.8
Selling, general and administrative expenses	—		—		443.7
Restructuring costs	—		—		(0.7)
Operating income	—		—		220.8
Interest expense, net	—		—		21.3
(Gain) loss on sale of business	—		(6.1)		246.4
Other (income) expense, net	—		—		(1.0)
Income (loss) from discontinued operations before income taxes	—		6.1		(45.9)
Income tax on discontinued operations	—		0.4		91.4
Net income (loss) from discontinued operations	$	—	$	5.7	$	(137.3)

(a)Net income from discontinued operations for the year ended June 30, 2022 reflect certain working capital adjustments net of the related income tax impact.

(b)As the sale of the Wella Business occurred on November 30, 2020, discontinued operations activity, other than the Loss on sale of business, comprises five months for the fiscal year ended 2021.

The following is selected financial information included in cash flows from discontinued operations for the Wella Business held for sale:

	Year Ended June 30,
	2023		2022		2021
CASH FLOW FROM INVESTING ACTIVITIES
Capital expenditures	$	—	$	—	$	8.7