GOODWILL AND INTANGIBLE ASSETS, NET (Tables)

3 Months Ended

Mar. 31, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

The following table presents the changes in goodwill by segment for the three months ended March 31, 2020:



	Revlon		Portfolio		Elizabeth Arden		Fragrances		Total




Balance at January 1, 2020	$	264.9	$	171.1	$	116.9	$	120.8	$	673.7
Foreign currency translation adjustment	(0.2)		—		—		—		(0.2)

Goodwill impairment charge			(73.9)		(25.9)		—		(99.8)
Balance at March 31, 2020	$	264.7	$	97.2	$	91.0	$	120.8	$	573.7

Cumulative goodwill impairment charges^(a)									$	(155.0)

^(a)Amount refers to cumulative goodwill impairment charges related to impairments recognized in 2015, 2017, 2018 and 2020; $99.8 million of impairment charges were recognized for the three months ended March 31, 2020.

Schedule of Impaired Intangible Assets

A summary of such impairment charges by segments is included in the following table:


	March 31, 2020
	Revlon		Portfolio		Elizabeth Arden		Fragrances		Total

Indefinite-lived intangible assets	$	—	$	(2.5)	$	(22.0)	$	—	$	(24.5)
Total Intangibles Impairment	$	—	$	(2.5)	$	(22.0)	$	—	$	(24.5)

Summary of Finite-Lived Intangible Assets

The following tables present details of the Company's total intangible assets as of March 31, 2020 and December 31, 2019:


	March 31, 2020
	Gross Carrying Amount		Accumulated Amortization		Impairment		Net Carrying Amount		Weighted-Average Useful Life (in Years)
Finite-lived intangible assets:
Trademarks and licenses	$	271.0	$	(114.8)	$	—	$	156.2	13
Customer relationships	247.4		(99.4)		—		148.0		11
Patents and internally-developed intellectual property	21.7		(12.6)		—		9.1		5
Distribution rights	31.0		(6.1)		—		24.9		14
Other	1.3		(1.3)		—		—		0
Total finite-lived intangible assets	$	572.4	$	(234.2)	$	—	$	338.2

Indefinite-lived intangible assets:
Trade names	$	142.9	N/A		$	(24.5)	$	118.4
Total indefinite-lived intangible assets	$	142.9	N/A		$	(24.5)	$	118.4

Total intangible assets	$	715.3	$	(234.2)	$	(24.5)	$	456.6

	December 31, 2019
	Gross Carrying Amount		Accumulated Amortization		Impairment		Net Carrying Amount		Weighted-Average Useful Life (in Years)
Finite-lived intangible assets:
Trademarks and licenses	$	271.2	$	(110.9)	$	—	$	160.3	13
Customer relationships	248.3		(96.5)		—		151.8		11
Patents and internally-developed intellectual property	21.5		(12.1)		—		9.4		5
Distribution rights	31.0		(5.6)		—		25.4		15
Other	1.3		(1.3)		—		—		0
Total finite-lived intangible assets	$	573.3	$	(226.4)	$	—	$	346.9

Indefinite-lived intangible assets:
Trade names	$	143.8	N/A		$	—	$	143.8
Total indefinite-lived intangible assets	$	143.8	N/A		$	—	$	143.8

Total intangible assets	$	717.1	$	(226.4)	$	—	$	490.7

Summary of Indefinite-Lived Intangible Assets

The following tables present details of the Company's total intangible assets as of March 31, 2020 and December 31, 2019:


	March 31, 2020
	Gross Carrying Amount		Accumulated Amortization		Impairment		Net Carrying Amount		Weighted-Average Useful Life (in Years)
Finite-lived intangible assets:
Trademarks and licenses	$	271.0	$	(114.8)	$	—	$	156.2	13
Customer relationships	247.4		(99.4)		—		148.0		11
Patents and internally-developed intellectual property	21.7		(12.6)		—		9.1		5
Distribution rights	31.0		(6.1)		—		24.9		14
Other	1.3		(1.3)		—		—		0
Total finite-lived intangible assets	$	572.4	$	(234.2)	$	—	$	338.2

Indefinite-lived intangible assets:
Trade names	$	142.9	N/A		$	(24.5)	$	118.4
Total indefinite-lived intangible assets	$	142.9	N/A		$	(24.5)	$	118.4

Total intangible assets	$	715.3	$	(234.2)	$	(24.5)	$	456.6

	December 31, 2019
	Gross Carrying Amount		Accumulated Amortization		Impairment		Net Carrying Amount		Weighted-Average Useful Life (in Years)
Finite-lived intangible assets:
Trademarks and licenses	$	271.2	$	(110.9)	$	—	$	160.3	13
Customer relationships	248.3		(96.5)		—		151.8		11
Patents and internally-developed intellectual property	21.5		(12.1)		—		9.4		5
Distribution rights	31.0		(5.6)		—		25.4		15
Other	1.3		(1.3)		—		—		0
Total finite-lived intangible assets	$	573.3	$	(226.4)	$	—	$	346.9

Indefinite-lived intangible assets:
Trade names	$	143.8	N/A		$	—	$	143.8
Total indefinite-lived intangible assets	$	143.8	N/A		$	—	$	143.8

Total intangible assets	$	717.1	$	(226.4)	$	—	$	490.7

Estimated Future Amortization Expense

The following table reflects the estimated future amortization expense for each period presented, a portion of which is subject to exchange rate fluctuations, for the Company's finite-lived intangible assets as of March 31, 2020:



	Estimated Amortization Expense
2020	$	25.6
2021	33.2
2022	32.3
2023	30.8
2024	27.5
Thereafter	188.8
Total	$	338.2