GOODWILL AND OTHER INTANGIBLE ASSETS, NET (Tables)

6 Months Ended

Dec. 31, 2025

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of goodwill

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

	Prestige		Consumer Beauty		Total
Gross balance at June 30, 2025	$	6,340.1	$	1,762.2	$	8,102.3
Accumulated impairments	(3,110.3)		(929.8)		(4,040.1)
Net balance at June 30, 2025	$	3,229.8	$	832.4	$	4,062.2
Changes during the period ended December 31, 2025
Foreign currency translation	5.2		1.3		6.5
Gross balance at December 31, 2025	$	6,345.3	$	1,763.5	$	8,108.8
Accumulated impairments	(3,110.3)		(929.8)		(4,040.1)
Net balance at December 31, 2025	$	3,235.0	$	833.7	$	4,068.7

Schedule of indefinite-lived intangible assets

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

	December 31, 2025		June 30, 2025
Indefinite-lived other intangible assets	$	761.6	$	761.0
Finite-lived other intangible assets, net	2,343.3		2,453.8
Total Other intangible assets, net	$	3,104.9	$	3,214.8

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

	Trademarks		Total
Gross balance at June 30, 2025	$	1,918.7	$	1,918.7
Accumulated impairments	(1,157.7)		(1,157.7)
Net balance at June 30, 2025	$	761.0	$	761.0
Changes during the period ended December 31, 2025
Foreign currency translation	0.6		0.6
Gross balance at December 31, 2025	$	1,919.3	$	1,919.3
Accumulated impairments	(1,157.7)		(1,157.7)
Net balance at December 31, 2025	$	761.6	$	761.6

Schedule of finite-lived intangible assets

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

	December 31, 2025		June 30, 2025
Indefinite-lived other intangible assets	$	761.6	$	761.0
Finite-lived other intangible assets, net	2,343.3		2,453.8
Total Other intangible assets, net	$	3,104.9	$	3,214.8

Intangible assets subject to amortization are presented below:

	Cost		Accumulated Amortization		Accumulated Impairment		Net
June 30, 2025
License agreements and collaboration agreements	$	3,765.8	$	(1,614.9)	$	(19.6)	$	2,131.3
Customer relationships	766.0		(568.9)		(5.5)		191.6
Trademarks	318.2		(208.4)		(0.5)		109.3
Product formulations and technology	87.8		(66.2)		—		21.6
Total	$	4,937.8	$	(2,458.4)	$	(25.6)	$	2,453.8
December 31, 2025
License agreements and collaboration agreements	$	3,771.0	$	(1,716.3)	$	(19.6)	$	2,035.1
Customer relationships	766.7		(577.5)		(5.5)		183.7
Trademarks	318.2		(214.2)		(0.5)		103.5
Product formulations and technology	88.0		(67.0)		—		21.0
Total	$	4,943.9	$	(2,575.0)	$	(25.6)	$	2,343.3