GOODWILL AND OTHER INTANGIBLE ASSETS, NET (Tables)

9 Months Ended

Mar. 31, 2025

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of goodwill

Goodwill as of March 31, 2025 and June 30, 2024 is presented below:

	Prestige		Consumer Beauty		Total
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
Changes during the period ended March 31, 2025
Foreign currency translation	(1.2)		(1.0)		(2.2)
Gross balance at March 31, 2025	$	6,213.4	$	1,730.2	$	7,943.6
Accumulated impairments	(3,110.3)		(929.8)		(4,040.1)
Net balance at March 31, 2025	$	3,103.1	$	800.4	$	3,903.5

Schedule of indefinite-lived intangible assets

Other intangible assets, net as of March 31, 2025 and June 30, 2024 are presented below:

	March 31, 2025		June 30, 2024
Indefinite-lived other intangible assets	$	736.5	$	944.6
Finite-lived other intangible assets, net	2,362.5		2,621.0
Total Other intangible assets, net	$	3,099.0	$	3,565.6

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

	Trademarks		Total
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
Changes during the period ended March 31, 2025
Foreign currency translation	4.7		4.7
Impairment charges	(212.8)		(212.8)
Gross balance at March 31, 2025	$	1,894.2	$	1,894.2
Accumulated impairments	(1,157.7)		(1,157.7)
Net balance at March 31, 2025	$	736.5	$	736.5

Schedule of finite-lived intangible assets

Other intangible assets, net as of March 31, 2025 and June 30, 2024 are presented below:

	March 31, 2025		June 30, 2024
Indefinite-lived other intangible assets	$	736.5	$	944.6
Finite-lived other intangible assets, net	2,362.5		2,621.0
Total Other intangible assets, net	$	3,099.0	$	3,565.6

Intangible assets subject to amortization are presented below:

	Cost		Accumulated Amortization		Accumulated Impairment		Net
June 30, 2024
License agreements 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
March 31, 2025
License agreements and collaboration agreements*	$	3,569.9	$	(1,508.4)	$	(19.6)	$	2,041.9
Customer relationships	743.5		(547.6)		(5.5)		190.4
Trademarks	312.6		(202.1)		(0.5)		110.0
Product formulations and technology	83.8		(63.6)		—		20.2
Total	$	4,709.8	$	(2,321.7)	$	(25.6)	$	2,362.5

* On March 21, 2025, the KKW Collaboration Agreement was terminated pursuant to the KKW Sale Agreement. As such, the Company derecognized the remaining KKW Collaboration Agreement carrying amount of $142.5 as of the termination date.