GOODWILL AND INTANGIBLE ASSETS, NET (Tables)

12 Months Ended

Dec. 31, 2021

Goodwill and Intangible Assets Disclosure [Abstract]

The following table presents the changes in goodwill by segment for the year ended December 31, 2021:



	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	0.5		0.3		0.1		0.1		1.0
Goodwill impairment charge(a)	—		(83.5)		(27.5)		—		(111.0)
Balance at December 31, 2020	$	265.4	$	87.9	$	89.5	$	120.9	$	563.7
Foreign currency translation adjustment	(0.4)		(0.1)		(0.2)		(0.2)		(0.9)


Balance at December 31, 2021	$	265.0	$	87.8	$	89.3	$	120.7	$	562.8

Cumulative goodwill impairment charges(a)									$	(166.2)

(a) Amount refers to cumulative goodwill impairment charges related to impairments recognized in 2015, 2017, 2018 and 2020; nil impairment charges were recognized during the year ended December 31, 2021.

Schedule of Impaired Intangible Assets

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










	Year Ended
	December 31, 2020
	Revlon		Portfolio		Elizabeth Arden		Fragrances		Total

Indefinite-lived intangible assets	$	—	$	(2.5)	$	(30.6)	$	—	$	(33.1)
Total Intangibles Impairment	$	—	$	(2.5)	$	(30.6)	$	—	$	(33.1)

Summary of Finite-Lived Intangible Assets

The following tables present details of the Company's total intangible assets as of December 31, 2021 and December 31, 2020:


	December 31, 2021
	Gross Carrying Amount		Accumulated Amortization		Impairment		Net Carrying Amount		Weighted-Average Useful Life (in Years)
Finite-lived intangible assets:
Trademarks and licenses	$	270.8	$	(142.9)	$	—	$	127.9	12
Customer relationships	247.2		(122.7)		—		124.5		10
Patents and internally-developed intellectual property	23.8		(17.4)		—		6.4		5
Distribution rights	31.0		(9.2)		—		21.8		13
Other	1.3		(1.3)		—		—		0
Total finite-lived intangible assets	$	574.1	$	(293.5)	$	—	$	280.6

Indefinite-lived intangible assets:
Trade names	$	144.7	N/A		$	(33.1)	$	111.6
Total indefinite-lived intangible assets	$	144.7	N/A		$	(33.1)	$	111.6

Total intangible assets	$	718.8	$	(293.5)	$	(33.1)	$	392.2

	December 31, 2020
	Gross Carrying Amount		Accumulated Amortization		Impairment		Net Carrying Amount		Weighted-Average Useful Life (in Years)
Finite-lived intangible assets:
Trademarks and licenses	$	272.8	$	(128.6)	$	—	$	144.2	12
Customer relationships	249.9		(110.7)		—		139.2		11
Patents and internally-developed intellectual property	23.6		(15.6)		—		8.0		5
Distribution rights	31.0		(7.5)		—		23.5		14
Other	1.3		(1.3)		—		—		0
Total finite-lived intangible assets	$	578.6	$	(263.7)	$	—	$	314.9

Indefinite-lived intangible assets:
Trade names	$	149.0	N/A		$	(33.1)	$	115.9
Total indefinite-lived intangible assets	$	149.0	N/A		$	(33.1)	$	115.9

Total intangible assets	$	727.6	$	(263.7)	$	(33.1)	$	430.8

Summary of Indefinite-Lived Intangible Assets

The following tables present details of the Company's total intangible assets as of December 31, 2021 and December 31, 2020:


	December 31, 2021
	Gross Carrying Amount		Accumulated Amortization		Impairment		Net Carrying Amount		Weighted-Average Useful Life (in Years)
Finite-lived intangible assets:
Trademarks and licenses	$	270.8	$	(142.9)	$	—	$	127.9	12
Customer relationships	247.2		(122.7)		—		124.5		10
Patents and internally-developed intellectual property	23.8		(17.4)		—		6.4		5
Distribution rights	31.0		(9.2)		—		21.8		13
Other	1.3		(1.3)		—		—		0
Total finite-lived intangible assets	$	574.1	$	(293.5)	$	—	$	280.6

Indefinite-lived intangible assets:
Trade names	$	144.7	N/A		$	(33.1)	$	111.6
Total indefinite-lived intangible assets	$	144.7	N/A		$	(33.1)	$	111.6

Total intangible assets	$	718.8	$	(293.5)	$	(33.1)	$	392.2

	December 31, 2020
	Gross Carrying Amount		Accumulated Amortization		Impairment		Net Carrying Amount		Weighted-Average Useful Life (in Years)
Finite-lived intangible assets:
Trademarks and licenses	$	272.8	$	(128.6)	$	—	$	144.2	12
Customer relationships	249.9		(110.7)		—		139.2		11
Patents and internally-developed intellectual property	23.6		(15.6)		—		8.0		5
Distribution rights	31.0		(7.5)		—		23.5		14
Other	1.3		(1.3)		—		—		0
Total finite-lived intangible assets	$	578.6	$	(263.7)	$	—	$	314.9

Indefinite-lived intangible assets:
Trade names	$	149.0	N/A		$	(33.1)	$	115.9
Total indefinite-lived intangible assets	$	149.0	N/A		$	(33.1)	$	115.9

Total intangible assets	$	727.6	$	(263.7)	$	(33.1)	$	430.8

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 December 31, 2021:



	Estimated Amortization Expense
2022	$	32.5
2023	30.8
2024	27.6
2025	26.4
2026	25.3
Thereafter	138.0
Total	$	280.6