GOODWILL AND OTHER INTANGIBLE ASSETS

3 Months Ended

Sep. 30, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill

The following table presents goodwill by product category and the related change in the carrying amount:


(In millions)	Skin Care		Makeup		Fragrance		Hair Care		Total
Balance as of June 30, 2022
Goodwill	$	1,702	$	1,116	$	249	$	353	$	3,420
Accumulated impairments	(138)		(732)		(29)		—		(899)
	1,564		384		220		353		2,521



Translation and other adjustments, goodwill	(101)		—		(5)		(1)		(107)
Translation and other adjustments, accumulated impairments	1		—		—		—		1
	(100)		—		(5)		(1)		(106)

Balance as of September 30, 2022
Goodwill	1,601		1,116		244		352		3,313
Accumulated impairments	(137)		(732)		(29)		—		(898)
	$	1,464	$	384	$	215	$	352	$	2,415

Other Intangible Assets

Other intangible assets consist of the following:


	September 30, 2022						June 30, 2022
(In millions)	Gross Carrying Value		Accumulated Amortization		Total Net Book Value		Gross Carrying Value		Accumulated Amortization		Total Net Book Value
Amortizable intangible assets:
Customer lists and other	$	1,945	$	640	$	1,305	$	2,061	$	625	$	1,436
License agreements	3		3		—		3		3		—
	$	1,948	$	643	1,305		$	2,064	$	628	1,436
Non-amortizable intangible assets:
Trademarks and other					1,885						1,992
Total intangible assets					$	3,190					$	3,428

The aggregate amortization expense related to amortizable intangible assets was $36 million and $45 million for the three months ended September 30, 2022 and 2021, respectively. The estimated aggregate amortization expense for the remainder of fiscal 2023 and for each of the next four fiscal years is as follows:


	Fiscal
(In millions)	2023		2024		2025		2026		2027
Estimated aggregate amortization expense	$	105	$	140	$	140	$	140	$	123