GOODWILL AND OTHER INTANGIBLE ASSETS, NET (Tables)

12 Months Ended

Jun. 30, 2024

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of goodwill

Goodwill as of June 30, 2024, 2023 and 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 year ended June 30, 2023
Foreign currency translation	58.5		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
Changes during the year ended June 30, 2024
Foreign currency translation	(64.6)		(17.6)		(82.2)
Gross balance at June 30, 2024	$	6,214.6	$	1,731.2	$	7,945.8
Accumulated impairments	(3,110.3)		(929.8)		(4,040.1)
Net balance at June 30, 2024	$	3,104.3	$	801.4	$	3,905.7

Schedule of indefinite-lived intangible assets

Other intangible assets, net as of June 30, 2024 and 2023 are presented below:

	June 30, 2024		June 30, 2023
Indefinite-lived other intangible assets	$	944.6	$	950.8
Finite-lived other intangible assets, net	2,621.0		2,847.2
Total Other intangible assets, net	$	3,565.6	$	3,798.0

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 year ended June 30, 2023
Foreign currency translation	14.2		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, 2023	$	950.8	$	950.8
Changes during the year ended June 30, 2024
Foreign currency translation	(6.2)		(6.2)
Gross balance at June 30, 2024	$	1,889.5	$	1,889.5
Accumulated impairments	$	(944.9)	$	(944.9)
Net balance at June 30, 2024	944.6		944.6

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:

Description	Estimated 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, 2024 and 2023 are presented below:

	June 30, 2024		June 30, 2023
Indefinite-lived other intangible assets	$	944.6	$	950.8
Finite-lived other intangible assets, net	2,621.0		2,847.2
Total Other intangible assets, net	$	3,565.6	$	3,798.0

Intangible assets subject to amortization are presented below:

	Cost		Accumulated Amortization		Accumulated Impairment		Net
June 30, 2023
License and collaboration agreements	$	3,756.2	$	(1,282.6)	$	(19.6)	$	2,454.0
Customer relationships	750.6		(505.9)		(5.5)		239.2
Trademarks	313.0		(180.6)		(0.5)		131.9
Product formulations and technology	85.6		(63.5)		—		22.1
Total	$	4,905.4	$	(2,032.6)	$	(25.6)	$	2,847.2
June 30, 2024
License and collaboration agreements	$	3,715.1	$	(1,422.5)	$	(19.6)	$	2,273.0
Customer relationships	741.8		(527.8)		(5.5)		208.5
Trademarks	311.7		(192.4)		(0.5)		118.8
Product formulations and technology	83.7		(63.0)		—		20.7
Total	$	4,852.3	$	(2,205.7)	$	(25.6)	$	2,621.0

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 agreements	19.4
Customer relationships	15.3
Trademarks	14.4
Product formulations and technology	20.3

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:

2025	$	189.0
2026	158.0
2027	148.5
2028	145.0
2029	142.8