SEGMENT DATA AND RELATED INFORMATION (Tables)

3 Months Ended

Sep. 30, 2022

Segment Reporting [Abstract]

Schedule of segment data and related information

	Three Months Ended September 30
(In millions)	2022		2021
PRODUCT CATEGORY DATA
Net sales:
Skin Care	$	2,104	$	2,449
Makeup	1,052		1,174
Fragrance	607		609
Hair Care	158		148
Other	14		13
	3,935		4,393
Returns associated with restructuring and other activities	(5)		(1)
Net sales	$	3,930	$	4,392
Operating income (loss) before charges associated with restructuring and other activities:
Skin Care	$	530	$	717
Makeup	16		91
Fragrance	133		131
Hair Care	(12)		2
Other	—		—
	667		941
Reconciliation:
Charges associated with restructuring and other activities	(6)		(6)
Interest expense	(46)		(42)
Interest income and investment income, net	15		4
Other components of net periodic benefit cost	3		(1)
Other income	—		1
Earnings before income taxes	$	633	$	897
GEOGRAPHIC DATA(1)
Net sales:
The Americas	$	1,123	$	1,194
Europe, the Middle East & Africa	1,682		1,873
Asia/Pacific	1,130		1,326
	3,935		4,393
Returns associated with restructuring and other activities	(5)		(1)
Net sales	$	3,930	$	4,392
Operating income:
The Americas	$	125	$	254
Europe, the Middle East & Africa	334		465
Asia/Pacific	208		222
	667		941
Charges associated with restructuring and other activities	(6)		(6)
Operating income	$	661	$	935

(1) The net sales from the Company’s travel retail business are included in the Europe, the Middle East & Africa region, with the exception of net sales of Dr.Jart+ in the travel retail channel that are reflected in Korea in the Asia/Pacific region. Operating income attributable to the travel retail sales included in Europe, the Middle East & Africa is included in that region and in The Americas.