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GOODWILL AND OTHER INTANGIBLE ASSETS, NET (Tables)
 12 Months Ended
Jun. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of goodwill Goodwill as of June 30, 2023, 2022 and 2021 is presented below:
PrestigeConsumer BeautyTotal
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 
Changes during the year ended June 30, 2023
Foreign currency translation58.5 14.7 73.2 
Gross balance at June 30, 2023$6,279.2 $1,748.8 $8,028.0 
Accumulated impairments(3,110.3)(929.8)(4,040.1)
Net balance at June 30, 2023$3,168.9 $819.0 $3,987.9 
Schedule of indefinite-lived intangible assets Other intangible assets, net as of June 30, 2023 and 2022 are presented below:
June 30,
2023		June 30,
2022
Indefinite-lived other intangible assets $950.8 $936.6 
Finite-lived other intangible assets, net 2,847.2 2,966.2 
Total Other intangible assets, net$3,798.0 $3,902.8 
The changes in the carrying amount of indefinite-lived other intangible assets are presented below:
TrademarksTotal
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, 2022$936.6 $936.6 
Changes during the year ended June 30, 2023
Foreign currency translation14.2 14.2 
Gross balance at June 30, 2023$1,895.7 $1,895.7 
Accumulated impairments
$(944.9)$(944.9)
Net balance at June 30, 2023950.8 950.8 
(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, 2023 and 2022 are presented below:
June 30,
2023		June 30,
2022
Indefinite-lived other intangible assets $950.8 $936.6 
Finite-lived other intangible assets, net 2,847.2 2,966.2 
Total Other intangible assets, net$3,798.0 $3,902.8 
Intangible assets subject to amortization are presented below:
CostAccumulated AmortizationAccumulated ImpairmentNet
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 
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 
June 30, 2023
License and collaboration agreements$3,756.2 $(1,282.6)$(19.6)$2,454.0 
Customer relationships750.6 (505.9)(5.5)239.2 
Trademarks
313.0 (180.6)(0.5)131.9 
Product formulations and technology85.6 (63.5)— 22.1 
Total$4,905.4 $(2,032.6)$(25.6)$2,847.2 
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 agreements20.2 years
Customer relationships15.4 years
Trademarks14.9 years
Product formulations and technology21.3 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:
2024$190.0 
2025185.7 
2026154.8 
2027145.5 
2028142.1