SEGMENT DATA AND RELATED INFORMATION (Tables)

9 Months Ended

Mar. 31, 2019

SEGMENT DATA AND RELATED INFORMATION

Schedule of segment data and related information

	Three Months Ended				Nine Months Ended
	March 31				March 31
(In millions)	2019		2018		2019		2018
PRODUCT CATEGORY DATA
Net sales:
Skin Care	$	1,744	$	1,447	$	4,962	$	4,216
Makeup		1,461		1,388		4,427		4,275
Fragrance		392		382		1,401		1,423
Hair Care		136		139		433		419
Other		13		14		52		55
		3,746		3,370		11,275		10,388
Returns associated with restructuring and other activities		(2)		—		(2)		—
Net sales	$	3,744	$	3,370	$	11,273	$	10,388
Operating income (loss) before charges associated with restructuring and other activities:
Skin Care	$	593	$	441	$	1,624	$	1,221
Makeup		99		119		398		514
Fragrance		17		23		156		195
Hair Care		(2)		13		27		45
Other		2		2		9		9
		709		598		2,214		1,984
Reconciliation:
Charges associated with restructuring and other activities		(35)		(100)		(117)		(207)
Interest expense		(32)		(33)		(101)		(96)
Interest income and investment income, net		15		16		42		40
Other components of net periodic benefit cost		(1)		(1)		(1)		(2)
Other income, net		71		—		71		—
Earnings before income taxes	$	727	$	480	$	2,108	$	1,719
GEOGRAPHIC DATA(1)
Net sales:
The Americas	$	1,155	$	1,181	$	3,609	$	3,818
Europe, the Middle East & Africa		1,625		1,416		4,825		4,236
Asia/Pacific		966		773		2,841		2,334
		3,746		3,370		11,275		10,388
Returns associated with restructuring and other activities		(2)		—		(2)		—
Net sales	$	3,744	$	3,370	$	11,273	$	10,388
Operating income (loss):
The Americas	$	(29)	$	33	$	(57)	$	231
Europe, the Middle East & Africa		494		386		1,580		1,196
Asia/Pacific		244		179		691		557
		709		598		2,214		1,984
Charges associated with restructuring and other activities		(35)		(100)		(117)		(207)
Operating income	$	674	$	498	$	2,097	$	1,777

⁽¹⁾ The net sales from the Company’s travel retail business are included in the Europe, the Middle East & Africa region.