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Goodwill and Other Intangible Assets (Tables)
 6 Months Ended
Dec. 28, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Change in Carrying Amount of Goodwill by Segment
The change in the carrying amount of the Company’s goodwill by segment is as follows:
 
Coach
 
Kate Spade
 
Stuart Weitzman
 
Total
 
(millions)
Balance at June 29, 2019
$
661.8

 
$
640.4

 
$
214.0

 
$
1,516.2

Foreign exchange impact
(3.5
)
 
(0.3
)
 
(1.1
)
 
(4.9
)
Balance at December 28, 2019
$
658.3

 
$
640.1

 
$
212.9

 
$
1,511.3
Schedule of Indefinite-Lived Intangible Assets
Intangible assets consist of the following:
 
December 28, 2019
 
June 29, 2019
 
Gross
Carrying
Amount
 
Accum.
Amort.
 
Net
 
Gross
Carrying
Amount
 
Accum.
Amort.
 
Net
 
(millions)
Intangible assets subject to amortization:
 
 
 
 
 
 
 
 
 
 
 
Customer relationships
$
100.5

 
$
(27.5
)
 
$
73.0

 
$
100.6

 
$
(24.0
)
 
$
76.6

Favorable lease rights(1)
—

 
—

 
—

 
93.1

 
(34.6
)
 
58.5

Total intangible assets subject to amortization
100.5

 
(27.5
)
 
73.0

 
193.7

 
(58.6
)
 
135.1

Intangible assets not subject to amortization:
 
 
 
 
 
 
 
 
 
 
 
Trademarks and trade names
1,576.8

 
—

 
1,576.8

 
1,576.8

 
—

 
1,576.8

Total intangible assets
$
1,677.3

 
$
(27.5
)
 
$
1,649.8

 
$
1,770.5

 
$
(58.6
)
 
$
1,711.9


 
(1) 
Refer to Note 3, "Recent Accounting Pronouncements," for further information.
Schedule of Finite-Lived Intangible Assets
Intangible assets consist of the following:
 
December 28, 2019
 
June 29, 2019
 
Gross
Carrying
Amount
 
Accum.
Amort.
 
Net
 
Gross
Carrying
Amount
 
Accum.
Amort.
 
Net
 
(millions)
Intangible assets subject to amortization:
 
 
 
 
 
 
 
 
 
 
 
Customer relationships
$
100.5

 
$
(27.5
)
 
$
73.0

 
$
100.6

 
$
(24.0
)
 
$
76.6

Favorable lease rights(1)
—

 
—

 
—

 
93.1

 
(34.6
)
 
58.5

Total intangible assets subject to amortization
100.5

 
(27.5
)
 
73.0

 
193.7

 
(58.6
)
 
135.1

Intangible assets not subject to amortization:
 
 
 
 
 
 
 
 
 
 
 
Trademarks and trade names
1,576.8

 
—

 
1,576.8

 
1,576.8

 
—

 
1,576.8

Total intangible assets
$
1,677.3

 
$
(27.5
)
 
$
1,649.8

 
$
1,770.5

 
$
(58.6
)
 
$
1,711.9


 
(1) 
Refer to Note 3, "Recent Accounting Pronouncements," for further information.
Schedule of Expected Amortization Expense
As of December 28, 2019, the expected amortization expense for intangible assets is as follows:
 
 Amortization Expense
 
(millions)
Remainder of fiscal 2020
$
3.1

Fiscal 2021
6.5

Fiscal 2022
6.5

Fiscal 2023
6.5

Fiscal 2024
6.5

Fiscal 2025
6.5

Fiscal 2026 and thereafter
37.4

Total
$
73.0