The Estée Lauder Companies Inc. (EL) 10-K20 Aug 142014 FY Annual reportFinancial data

Company Profile

Document_and_Entity_Informatio

Document and Entity Information (USD $)	12 Months Ended
In Billions, except Share data, unless otherwise specified	Jun. 30, 2014	Dec. 31, 2013	Aug. 14, 2014	Aug. 14, 2014
	Jun. 30, 2014	Dec. 31, 2013	Common Class A	Common Class B
Entity Registrant Name	'ESTEE LAUDER COMPANIES INC	'	'	'
Entity Central Index Key	'0001001250	'	'	'
Document Type	'10-K	'	'	'
Document Period End Date	30-Jun-14	'	'	'
Amendment Flag	'false	'	'	'
Current Fiscal Year End Date	'--06-30	'	'	'
Entity Well-known Seasoned Issuer	'Yes	'	'	'
Entity Voluntary Filers	'No	'	'	'
Entity Current Reporting Status	'Yes	'	'	'
Entity Filer Category	'Large Accelerated Filer	'	'	'
Entity Public Float	'	$18	'	'
Entity Common Stock, Shares Outstanding	'	'	232,580,268	148,728,082
Document Fiscal Year Focus	'2014	'	'	'
Document Fiscal Period Focus	'FY	'	'	'

CONSOLIDATED_STATEMENTS_OF_EAR

CONSOLIDATED STATEMENTS OF EARNINGS (USD $)	12 Months Ended
In Millions, except Per Share data, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2012
CONSOLIDATED STATEMENTS OF EARNINGS	'	'	'
Net Sales	$10,968.80	$10,181.70	$9,713.60
Cost of Sales	2,158.20	2,025.90	1,995.80
Gross Profit	8,810.60	8,155.80	7,717.80
Operating expenses	'	'	'
Selling, general and administrative	6,985.90	6,597	6,324.80
Restructuring and other charges	-2.9	15.1	59.6
Goodwill impairment	'	9.6	'
Impairment of other intangible assets	'	8.1	21.7
Total operating expenses	6,983	6,629.80	6,406.10
Operating Income	1,827.60	1,526	1,311.70
Interest expense, net	50.8	54.8	61.1
Interest expense on debt extinguishment	'	19.1	'
Other income	'	23.1	10.5
Earnings before Income Taxes	1,776.80	1,475.20	1,261.10
Provision for income taxes	567.7	451.4	400.6
Net Earnings	1,209.10	1,023.80	860.5
Net earnings attributable to noncontrolling interests	-5	-4	-3.6
Net Earnings Attributable to The Estee Lauder Companies Inc.	$1,204.10	$1,019.80	$856.90
Net earnings attributable to The Estee Lauder Companies Inc. per common share	'	'	'
Basic (in dollars per share)	$3.12	$2.63	$2.20
Diluted (in dollars per share)	$3.06	$2.58	$2.16
Weighted-average common shares outstanding	'	'	'
Basic (in shares)	386.2	387.6	388.7
Diluted (in shares)	393.1	394.9	397
Cash dividends declared per common share (in dollars per share)	$0.78	$1.08	$0.53

CONSOLIDATED_STATEMENTS_OF_COM

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (USD $)	12 Months Ended
In Millions, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2012
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS)	'	'	'
Net earnings	$1,209.10	$1,023.80	$860.50
Other comprehensive income (loss):	'	'	'
Net unrealized investment gain (loss)	0.9	0.4	0.1
Net derivative instrument gain (loss)	-29.7	1.2	28.2
Amounts included in net periodic benefit cost	-13	125.9	-155.9
Translation adjustments	87.2	-20.1	-151.6
Benefit (provision) for deferred income taxes on components of other comprehensive income	12.5	-51.1	46
Total other comprehensive income (loss)	57.9	56.3	-233.2
Comprehensive income (loss)	1,267	1,080.10	627.3
Comprehensive (income) loss attributable to noncontrolling interests:	'	'	'
Net earnings	-5	-4	-3.6
Translation adjustments	-0.7	-0.9	2.6
Total comprehensive (income) loss attributable to noncontrolling interests	-5.7	-4.9	-1
Comprehensive income (loss) attributable to The Estee Lauder Companies Inc.	$1,261.30	$1,075.20	$626.30

CONSOLIDATED_BALANCE_SHEETS

CONSOLIDATED BALANCE SHEETS (USD $)	Jun. 30, 2014	Jun. 30, 2013
In Millions, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013
Current Assets	'	'
Cash and cash equivalents	$1,629.10	$1,495.70
Accounts receivable, net	1,379.30	1,171.70
Inventory and promotional merchandise, net	1,294	1,113.90
Prepaid expenses and other current assets	522.8	515.9
Total current assets	4,825.20	4,297.20
Property, Plant and Equipment, net	1,502.60	1,350.70
Other Assets	'	'
Goodwill	893.2	881.5
Other intangible assets, net	157.3	169.6
Other assets	490.5	446.2
Total other assets	1,541	1,497.30
Total assets	7,868.80	7,145.20
Current Liabilities	'	'
Current debt	18.4	18.3
Accounts payable	524.5	481.7
Other accrued liabilities	1,513.80	1,434.60
Total current liabilities	2,056.70	1,934.60
Noncurrent Liabilities	'	'
Long-term debt	1,324.70	1,326
Other noncurrent liabilities	618	582.7
Total noncurrent liabilities	1,942.70	1,908.70
Commitments and Contingencies	'	'
Equity	'	'
Common stock, $.01 par value; Class A authorized: 1,300,000,000 at June 30, 2014 and June 30, 2013; shares issued: 412,590,913 at June 30, 2014 and 407,988,891 at June 30, 2013; Class B authorized: 304,000,000 at June 30, 2014 and June 30, 2013; shares issued and outstanding: 148,728,082 at June 30, 2014 and 148,978,082 at June 30, 2013	5.6	5.6
Paid-in capital	2,562.70	2,289.90
Retained earnings	6,265.80	5,364.10
Accumulated other comprehensive income (loss)	-100.3	-157.5
Stockholders' equity before treasury stock	8,733.80	7,502.10
Less: Treasury stock, at cost; 178,434,483 Class A shares at June 30, 2014 and 168,972,698 Class A shares at June 30, 2013	-4,878.90	-4,215.20
Total stockholders' equity - The Estee Lauder Companies Inc.	3,854.90	3,286.90
Noncontrolling interests	14.5	15
Total equity	3,869.40	3,301.90
Total liabilities and equity	$7,868.80	$7,145.20

CONSOLIDATED_BALANCE_SHEETS_Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) (USD $)	Jun. 30, 2014	Jun. 30, 2013
Common Class A	'	'
Common stock, par value (in dollars per share)	$0.01	$0.01
Common stock, shares authorized	1,300,000,000	1,300,000,000
Common stock, shares issued	412,590,913	407,988,891
Common stock, shares outstanding	234,156,400	239,016,200
Treasury stock, shares	178,434,483	168,972,698
Common Class B	'	'
Common stock, par value (in dollars per share)	$0.01	$0.01
Common stock, shares authorized	304,000,000	304,000,000
Common stock, shares issued	148,728,082	148,978,082
Common stock, shares outstanding	148,728,082	148,978,082

CONSOLIDATED_STATEMENTS_OF_EQU

CONSOLIDATED STATEMENTS OF EQUITY (USD $)	Total	Total stockholders' equity - The Estee Lauder Companies Inc.	Common stock	Paid-in capital	Retained earnings	Accumulated other comprehensive income (loss)	Treasury stock	Noncontrolling interests
In Millions, unless otherwise specified	Total		Common stock	Paid-in capital	Retained earnings	Accumulated other comprehensive income (loss)	Treasury stock	Noncontrolling interests
Balance at Jun. 30, 2011	'	'	$5.50	$1,735.60	$4,113.70	$17.70	($3,243.10)	$17.60
Increase (Decrease) in Stockholders' Equity	'	'	'	'	'	'	'	'
Common stock dividends	'	'	'	'	-204.1	'	'	'
Acquisition of treasury stock	'	'	'	'	'	'	-555.2	'
Stock-based compensation	'	'	'	270.7	-1.6	'	-32.1	'
Net earnings attributable to The Estee Lauder Companies Inc.	856.9	'	'	'	856.9	'	'	'
Net earnings attributable to noncontrolling interests	'	'	'	'	'	'	'	3.6
Distributions to noncontrolling interest holders	'	'	'	'	'	'	'	-3.9
Purchase of noncontrolling interest	'	'	'	-0.2	'	'	'	-0.4
Other comprehensive income (loss)	-233.2	'	'	'	'	-230.6	'	-2.6
Balance at Jun. 30, 2012	2,747.50	2,733.20	5.5	2,006.10	4,764.90	-212.9	-3,830.40	14.3
Increase (Decrease) in Stockholders' Equity	'	'	'	'	'	'	'	'
Common stock dividends	'	'	'	'	-420.6	'	'	'
Acquisition of treasury stock	'	'	'	'	'	'	-342.6	'
Stock-based compensation	'	'	0.1	283.8	'	'	-42.2	'
Net earnings attributable to The Estee Lauder Companies Inc.	1,019.80	'	'	'	1,019.80	'	'	'
Net earnings attributable to noncontrolling interests	'	'	'	'	'	'	'	4
Distributions to noncontrolling interest holders	'	'	'	'	'	'	'	-4.2
Other comprehensive income (loss)	56.3	'	'	'	'	55.4	'	0.9
Balance at Jun. 30, 2013	3,301.90	3,286.90	5.6	2,289.90	5,364.10	-157.5	-4,215.20	15
Increase (Decrease) in Stockholders' Equity	'	'	'	'	'	'	'	'
Common stock dividends	'	'	'	'	-302.4	'	'	'
Acquisition of treasury stock	'	'	'	'	'	'	-617.1	'
Stock-based compensation	'	'	'	272.8	'	'	-46.6	'
Net earnings attributable to The Estee Lauder Companies Inc.	1,204.10	'	'	'	1,204.10	'	'	'
Net earnings attributable to noncontrolling interests	'	'	'	'	'	'	'	5
Distributions to noncontrolling interest holders	'	'	'	'	'	'	'	-6.2
Other comprehensive income (loss)	57.9	'	'	'	'	57.2	'	0.7
Balance at Jun. 30, 2014	$3,869.40	$3,854.90	$5.60	$2,562.70	$6,265.80	($100.30)	($4,878.90)	$14.50

CONSOLIDATED_STATEMENTS_OF_CAS

CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)	12 Months Ended
In Millions, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2012
Cash Flows from Operating Activities	'	'	'
Net earnings	$1,209.10	$1,023.80	$860.50
Adjustments to reconcile net earnings to net cash flows from operating activities:	'	'	'
Depreciation and amortization	384.6	336.9	295.8
Deferred income taxes	-56.4	-76.1	-22.1
Non-cash stock-based compensation	152.6	145.8	124.7
Excess tax benefits from stock-based compensation arrangements	-40.2	-53.9	-57.8
Loss on disposal of property, plant and equipment	13.4	15.2	12.7
Goodwill and other intangible asset impairments	'	17.7	21.7
Non-cash charges associated with restructuring activities	'	3.5	3.5
Pension and post-retirement benefit expense	70.9	83.1	68.5
Pension and post-retirement benefit contributions	-41.3	-38.3	-126.9
Loss on Venezuela remeasurement	38.3	2.8	'
Other non-cash items	-0.5	-25.9	3.7
Changes in operating assets and liabilities:	'	'	'
Increase in accounts receivable, net	-196.2	-113	-178.4
Increase in inventory and promotional merchandise, net	-156.8	-134.5	-41.2
Increase in other assets, net	-45.2	-3.2	-63.1
Increase (decrease) in accounts payable	34	-8.7	68.3
Increase in other accrued and noncurrent liabilities	168.9	51.1	156.8
Net cash flows provided by operating activities	1,535.20	1,226.30	1,126.70
Cash Flows from Investing Activities	'	'	'
Capital expenditures	-510.2	-461	-420.7
Acquisition of businesses and other intangible assets, net of cash acquired	-9.2	-8.7	-7.6
Proceeds from the disposition of long-term investments	8.4	7	'
Purchases of long-term investments	-0.6	-2.8	'
Net cash flows used for investing activities	-511.6	-465.5	-428.3
Cash Flows from Financing Activities	'	'	'
Borrowings (repayments) of current debt, net	5.1	-198.5	197.4
Proceeds from issuance of long-term debt, net	'	498.7	'
Debt issuance costs	'	-4.1	-1.1
Repayments and redemptions of long-term debt	-11.8	-241.5	-128.8
Net proceeds from stock-based compensation transactions	84.8	91.1	90.8
Excess tax benefits from stock-based compensation arrangements	40.2	53.9	57.8
Payments to acquire treasury stock	-667.2	-387.7	-592.7
Dividends paid to stockholders	-301.8	-419.2	-204
Payments to noncontrolling interest holders for dividends	-6.2	-4.2	-4.5
Net cash flows used for financing activities	-856.9	-611.5	-585.1
Effect of Exchange Rate Changes on Cash and Cash Equivalents	-33.3	-1.3	-18.6
Net Increase in Cash and Cash Equivalents	133.4	148	94.7
Cash and Cash Equivalents at Beginning of Year	1,495.70	1,347.70	1,253
Cash and Cash Equivalents at End of Year	$1,629.10	$1,495.70	$1,347.70

DESCRIPTION_OF_BUSINESS

DESCRIPTION OF BUSINESS	12 Months Ended
DESCRIPTION OF BUSINESS	Jun. 30, 2014
DESCRIPTION OF BUSINESS	'
DESCRIPTION OF BUSINESS	'
	NOTE 1 – DESCRIPTION OF BUSINESS

	The Estée Lauder Companies Inc. manufactures, markets and sells skin care, makeup, fragrance and hair care products around the world. Products are marketed under various brand names including: Estée Lauder, Aramis, Clinique, Prescriptives, Lab Series, Origins, MžAžC, Bobbi Brown, La Mer, Aveda, Jo Malone, Bumble and bumble, Darphin, Ojon and Smashbox. Certain subsidiaries of The Estée Lauder Companies Inc. are also the global licensee of the Tommy Hilfiger, Kiton, Donna Karan, Michael Kors, Tom Ford, Coach, Ermenegildo Zegna, Tory Burch, Marni and Aerin brand names for fragrances and/or cosmetics.

SUMMARY_OF_SIGNIFICANT_ACCOUNT

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	Jun. 30, 2014
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	'
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	'
	NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

	Principles of Consolidation

	The accompanying consolidated financial statements include the accounts of The Estée Lauder Companies Inc. and its subsidiaries (collectively, the “Company”). All significant intercompany balances and transactions have been eliminated.

	Certain amounts in the consolidated financial statements of prior years have been reclassified to conform to current year presentation.

	Management Estimates

	The preparation of financial statements and related disclosures in conformity with U.S. generally accepted accounting principles (“U.S. GAAP”) requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses reported in those financial statements. Certain significant accounting policies that contain subjective management estimates and assumptions include those related to revenue recognition, inventory, pension and other post-retirement benefit costs, goodwill, other intangible assets and long-lived assets, and income taxes. Management evaluates its estimates and assumptions on an ongoing basis using historical experience and other factors, including the current economic environment, and makes adjustments when facts and circumstances dictate. As future events and their effects cannot be determined with precision, actual results could differ significantly from those estimates and assumptions. Significant changes, if any, in those estimates and assumptions resulting from continuing changes in the economic environment will be reflected in the consolidated financial statements in future periods.

	Currency Translation and Transactions

	All assets and liabilities of foreign subsidiaries and affiliates are translated at year-end rates of exchange, while revenue and expenses are translated at weighted-average rates of exchange for the period. Unrealized translation gains (losses) reported as cumulative translation adjustments through other comprehensive income (loss) (“OCI”) attributable to The Estée Lauder Companies Inc. amounted to $95.1 million, $(25.6) million and $(154.2) million, net of tax, in fiscal 2014, 2013 and 2012, respectively.

	For the Company’s Venezuelan subsidiary operating in a highly inflationary economy, the U.S. dollar is the functional currency. Remeasurement adjustments in financial statements in a highly inflationary economy and other transactional gains and losses are reflected in Selling, general and administrative expenses in the Company’s consolidated statements of earnings. During the third quarter of fiscal 2014, the Venezuelan government enacted changes to the foreign exchange controls that expanded the use of its existing exchange mechanisms and created another exchange control mechanism (“SICAD II”), which allows companies to apply for the purchase of foreign currency and foreign currency denominated securities for any legal use or purpose. As a result, the Company considered its specific facts and circumstances in determining the appropriate remeasurment rate, principally assessing its legal eligibility to access the available foreign exchange mechanisms, the transactions that would be eligible, the Company’s past and expected future ability to transact through those mechanisms, and the Company’s intent to utilize a particular mechanism for particular purposes. Although the SICAD II mechanism and its level and frequency of exchange continue to be regulated by the Venezuelan government, it offers the possibility of foreign exchange in a theoretically open market without restricted uses and in management’s opinion is the only mechanism legally available at this time for the Company’s highest priority transactions, which are the import of goods. Therefore, the Company believes the SICAD II rate was, and continues to be, the most appropriate rate that reflects the economics of its Venezuelan subsidiary’s business as of March 24, 2014, when the SICAD II mechanism became operational. As a result, the Company changed the exchange rate used to remeasure the monetary assets and liabilities of its Venezuelan subsidiary from 6.3 to the SICAD II rate, which was 49.98 as of June 30, 2014. Accordingly, a remeasurement charge of $38.3 million, on a before and after tax basis, was reflected in Selling, general and administrative expenses in the Company’s consolidated statement of earnings for the year ended June 30, 2014.

	The Company enters into foreign currency forward contracts and may enter into option contracts to hedge foreign currency transactions for periods consistent with its identified exposures. Accordingly, the Company categorizes these instruments as entered into for purposes other than trading.

	The accompanying consolidated statements of earnings include net exchange losses on foreign currency transactions, including the effect of the Venezuela remeasurement charge, of $46.7 million, $3.5 million and $0.5 million in fiscal 2014, 2013 and 2012, respectively.

	Cash and Cash Equivalents

	Cash and cash equivalents include $971.9 million and $843.5 million of short-term time deposits at June 30, 2014 and 2013, respectively. The Company considers all highly liquid investments with original maturities of three months or less to be cash equivalents. As of June 30, 2014, approximately 17% and 16% of the Company’s cash and cash equivalents are held by two financial institutions.

	Accounts Receivable

	Accounts receivable is stated net of the allowance for doubtful accounts and customer deductions totaling $23.9 million and $22.7 million as of June 30, 2014 and 2013, respectively. This reserve is based upon the evaluation of accounts receivable aging, specific exposures and historical trends.

	Inventory and Promotional Merchandise

	Inventory and promotional merchandise only includes inventory considered saleable or usable in future periods, and is stated at the lower of cost or fair-market value, with cost being based on standard cost which approximates actual cost on the first-in, first-out method. Cost components include raw materials, componentry, direct labor and overhead (e.g., indirect labor, utilities, depreciation, purchasing, receiving, inspection and warehousing) as well as inbound freight. Manufacturing overhead is allocated to the cost of inventory based on the normal production capacity. Unallocated overhead during periods of abnormally low production levels are recognized as cost of sales in the period in which they are incurred. Promotional merchandise is charged to expense at the time the merchandise is shipped to the Company’s customers. Included in inventory and promotional merchandise is an inventory obsolescence reserve, which represents the difference between the cost of the inventory and its estimated realizable value, based on various product sales projections. This reserve is calculated using an estimated obsolescence percentage applied to the inventory based on age, historical trends and requirements to support forecasted sales. In addition, and as necessary, specific reserves for future known or anticipated events may be established.

	Derivative Financial Instruments

	The Company’s derivative financial instruments are recorded as either assets or liabilities on the balance sheet and measured at fair value. All derivatives are (i) designated as a hedge of the fair value of a recognized asset or liability or of an unrecognized firm commitment (“fair-value” hedge), (ii) designated as a hedge of a forecasted transaction or of the variability of cash flows to be received or paid related to a recognized asset or liability (“foreign currency cash-flow” hedge), or (iii) not designated as a hedging instrument. Changes in the fair value of a derivative that is designated and qualifies as a fair-value hedge that is highly effective are recorded in current-period earnings, along with the loss or gain on the hedged asset or liability that is attributable to the hedged risk (including losses or gains on unrecognized firm commitments). Changes in the fair value of a derivative that is designated and qualifies as a foreign currency cash-flow hedge of a foreign-currency-denominated forecasted transaction that is highly effective are recorded in OCI. Gains and losses deferred in OCI are then recognized in current-period earnings when earnings are affected by the variability of cash flows of the hedged foreign-currency-denominated forecasted transaction (e.g., when periodic settlements on a variable-rate asset or liability are recorded in earnings). Changes in the fair value of derivative instruments not designated as hedging instruments are reported in current-period earnings.

	Property, Plant and Equipment

	Property, plant and equipment, including leasehold and other improvements that extend an asset’s useful life or productive capabilities, are carried at cost less accumulated depreciation and amortization. Costs incurred for computer software developed or obtained for internal use are capitalized during the application development stage and expensed as incurred during the preliminary project and post-implementation stages. For financial statement purposes, depreciation is provided principally on the straight-line method over the estimated useful lives of the assets ranging from 3 to 40 years. Leasehold improvements are amortized on a straight-line basis over the shorter of the lives of the respective leases or the expected useful lives of those improvements.

	Goodwill and Other Indefinite-lived Intangible Assets

	Goodwill is calculated as the excess of the cost of purchased businesses over the fair value of their underlying net assets. Other indefinite-lived intangible assets principally consist of trademarks. Goodwill and other indefinite-lived intangible assets are not amortized.

	The Company assesses goodwill and other indefinite-lived intangible assets at least annually for impairment as of the beginning of the fiscal fourth quarter, or more frequently if certain events or circumstances exist. The Company tests goodwill for impairment at the reporting unit level, which is one level below the Company’s operating segments. The Company identifies its reporting units by assessing whether the components of its operating segments constitute businesses for which discrete financial information is available and management of each reporting unit regularly reviews the operating results of those components. The Company makes certain judgments and assumptions in allocating assets and liabilities to determine carrying values for its reporting units. Impairment testing is performed in two steps: (i) the Company determines impairment by comparing the fair value of a reporting unit with its carrying value, and (ii) if there is an impairment, the Company measures the amount of impairment loss by comparing the implied fair value of goodwill with the carrying amount of that goodwill. The impairment test for indefinite-lived intangible assets encompasses calculating a fair value of an indefinite-lived intangible asset and comparing the fair value to its carrying value. If the carrying value exceeds the fair value, an impairment charge is recorded.

	Testing goodwill for impairment requires the Company to estimate fair values of reporting units using significant estimates and assumptions. The assumptions made will impact the outcome and ultimate results of the testing. The Company uses industry accepted valuation models and set criteria that are reviewed and approved by various levels of management and, in certain instances, the Company engages third-party valuation specialists for advice. To determine fair value of the reporting units, the Company generally uses an equal weighting of the income and market approaches. In certain circumstances, equal weighting will not be applied if one of these methods may be less applicable (e.g., only the income approach would be used for reporting units with existing negative margins). The Company believes both approaches are equally relevant and the most reliable indications of fair value because the fair value of product or service companies is more dependent on the ability to generate earnings than on the value of the assets used in the production process.

	Under the income approach, the Company determines fair value using a discounted cash flow method, projecting future cash flows of each reporting unit, as well as a terminal value, and discounting such cash flows at a rate of return that reflects the relative risk of the cash flows. Under the market approach, the Company utilizes information from comparable publicly traded companies with similar operating and investment characteristics as the reporting units, which creates valuation multiples that are applied to the operating performance of the reporting unit being tested, to value the reporting unit. The key estimates and factors used in these two approaches include, but are not limited to, revenue growth rates and profit margins based on internal forecasts, terminal value, the weighted-average cost of capital used to discount future cash flows and comparable market multiples.

	To determine fair value of other indefinite-lived intangible assets, the Company uses an income approach, the relief-from-royalty method. This method assumes that, in lieu of ownership, a third party would be willing to pay a royalty in order to obtain the rights to use the comparable asset. Other indefinite-lived intangible assets’ fair values require significant judgments in determining both the assets’ estimated cash flows as well as the appropriate discount and royalty rates applied to those cash flows to determine fair value. Changes in such estimates or the application of alternative assumptions could produce significantly different results.

	Long-Lived Assets

	The Company reviews long-lived assets for impairment whenever events or changes in circumstances indicate that the carrying amount may not be recoverable. When such events or changes in circumstances occur, a recoverability test is performed comparing projected undiscounted cash flows from the use and eventual disposition of an asset or asset group to its carrying value. If the projected undiscounted cash flows are less than the carrying value, then an impairment charge would be recorded for the excess of the carrying value over the fair value, which is determined by discounting future cash flows.

	Concentration of Credit Risk

	The Company is a worldwide manufacturer, marketer and distributor of skin care, makeup, fragrance and hair care products. Domestic and international sales are made primarily to department stores, perfumeries, specialty multi-brand retailers and retailers in its travel retail business. The Company grants credit to all qualified customers and does not believe it is exposed significantly to any undue concentration of credit risk.

	The Company’s largest customer sells products primarily within the United States and accounted for $1,142.7 million, or 10%, $1,078.8 million, or 11%, and $1,048.1 million, or 11%, of the Company’s consolidated net sales in fiscal 2014, 2013 and 2012, respectively. This customer accounted for $158.5 million, or 11%, and $113.7 million, or 10%, of the Company’s accounts receivable at June 30, 2014 and 2013, respectively.

Revenue Recognition

Revenues from product sales are recognized upon transfer of ownership, including passage of title to the customer and transfer of the risk of loss related to those goods. In the Americas region, sales are generally recognized at the time the product is shipped to the customer and in the Europe, the Middle East & Africa and Asia/Pacific regions, sales are generally recognized based upon the customer’s receipt. In certain circumstances, transfer of title takes place at the point of sale, for example, at the Company’s retail stores. The Company records revenues generated from purchase with purchase promotions in Net Sales and costs of its purchase with purchase and gift with purchase promotions in Cost of Sales.

Revenues are reported on a net sales basis, which is computed by deducting from gross sales the amount of actual product returns received, discounts, incentive arrangements with retailers and an amount established for anticipated product returns. The Company’s practice is to accept product returns from retailers only if properly requested, authorized and approved. In accepting returns, the Company typically provides a credit to the retailer against accounts receivable from that retailer. As a percentage of gross sales, returns were 3.4% in fiscal 2014, 3.3% in fiscal 2013 and 3.5% in fiscal 2012.

Payments to Customers

Certain incentive arrangements require the payment of a fee to customers based on their attainment of pre-established sales levels. These fees have been recorded as a reduction of Net Sales in the accompanying consolidated statements of earnings and were not material to the results of operations in any period presented.

The Company enters into transactions related to demonstrations, advertising and counter construction, some of which involve cooperative relationships with customers. These activities may be arranged either with unrelated third parties or in conjunction with the customer. The Company’s share of the cost of these transactions (regardless of to whom they were paid) are reflected in Selling, general and administrative expenses in the accompanying consolidated statements of earnings and were approximately $1,410 million, $1,412 million and $1,343 million in fiscal 2014, 2013 and 2012, respectively.

Advertising and Promotion

Global net expenses for advertising, merchandising, sampling, promotion and product development costs were $2,840.0 million, $2,754.8 million and $2,614.5 million in fiscal 2014, 2013 and 2012, respectively, and are expensed as incurred. Excluding the impact of purchase with purchase and gift with purchase promotions, costs for advertising, merchandising, sampling, promotion and product development included in Selling, general and administrative expenses in the accompanying consolidated statements of earnings were $2,618.1 million, $2,541.0 million and $2,417.6 million in fiscal 2014, 2013 and 2012, respectively.

Research and Development

During fiscal 2014, the Company conducted a review of the activities and elements of costs associated with its research and development process. As a result of its review, the Company identified certain activities, such as product innovation and packaging design and development, and their related costs that should be categorized as research and development costs, which continue to be recorded in Selling, general and administrative expenses in the consolidated statements of earnings. As a result, research and development costs totaled $157.9 million, $146.8 million and $137.8 million in fiscal 2014, 2013 and 2012, respectively, and are expensed as incurred.

Shipping and Handling

Shipping and handling expenses of $373.6 million, $337.9 million and $312.4 million in fiscal 2014, 2013 and 2012, respectively, are recorded in Selling, general and administrative expenses in the accompanying consolidated statements of earnings and include distribution center costs, third-party logistics costs and outbound freight.

Operating Leases

The Company recognizes rent expense from operating leases with periods of free and scheduled rent increases on a straight-line basis over the applicable lease term. The Company considers lease renewals when such renewals are reasonably assured. From time to time, the Company may receive capital improvement funding from its lessors. These amounts are recorded as deferred liabilities and amortized over the remaining lease term as a reduction of rent expense.

License Arrangements

The Company’s license agreements provide the Company with worldwide rights to manufacture, market and sell beauty and beauty-related products (or particular categories thereof) using the licensors’ trademarks. The licenses typically have an initial term of approximately 5 years to 11 years, and are renewable subject to the Company’s compliance with the license agreement provisions. The remaining terms, including the potential renewal periods, range from approximately 6 years to 27 years. Under each license, the Company is required to pay royalties to the licensor, at least annually, based on net sales to third parties.

Most of the Company’s licenses were entered into to create new business. In some cases, the Company acquired, or entered into, a license where the licensor or another licensee was operating a pre-existing beauty products business. In those cases, other intangible assets are capitalized and amortized over their useful lives.

Certain license agreements may require minimum royalty payments, incremental royalties based on net sales levels and minimum spending on advertising and promotional activities. Royalty expenses are accrued in the period in which net sales are recognized while advertising and promotional expenses are accrued at the time these costs are incurred.

Stock-Based Compensation

The Company records stock-based compensation, measured at the fair value of the awards that are ultimately expected to vest, as an expense in the consolidated financial statements. Upon the exercise of stock options or the vesting of restricted stock units, performance share units, performance share units based on total stockholder return and market share units, the resulting excess tax benefits, if any, are credited to additional paid-in capital. Any resulting tax deficiencies will first be offset against those cumulative credits to additional paid-in capital. If the cumulative credits to additional paid-in capital are exhausted, tax deficiencies will be recorded to the provision for income taxes.

Income Taxes

The Company accounts for income taxes using an asset and liability approach that requires the recognition of deferred tax assets and liabilities for the expected future tax consequences of events that have been recognized in its consolidated financial statements or tax returns. The net deferred tax assets assume sufficient future earnings for their realization, as well as the continued application of currently anticipated tax rates. Included in net deferred tax assets is a valuation allowance for deferred tax assets, where management believes it is not more-likely-than-not that the deferred tax assets will be realized in the relevant jurisdiction. Based on the Company’s assessments, no additional valuation allowance is required. If the Company determines that a deferred tax asset will not be realizable, an adjustment to the deferred tax asset will result in a reduction of net earnings at that time while the reduction of a valuation allowance will result in an increase of net earnings at that time.

The Company provides tax reserves for U.S. federal, state, local and foreign exposures relating to periods subject to audit. The development of reserves for these exposures requires judgments about tax issues, potential outcomes and timing, and is a subjective critical estimate. The Company assesses its tax positions and records tax benefits for all years subject to examination based upon management’s evaluation of the facts, circumstances, and information available at the reporting dates. For those tax positions where it is more-likely-than-not that a tax benefit will be sustained, the Company has recorded the largest amount of tax benefit with a greater than 50% likelihood of being realized upon settlement with a tax authority that has full knowledge of all relevant information. For those tax positions where it is more-likely-than-not that a tax benefit will not be sustained, no tax benefit has been recognized in the consolidated financial statements. The Company classifies applicable interest and penalties as a component of the provision for income taxes. Although the outcome relating to these exposures is uncertain, in management’s opinion adequate provisions for income taxes have been made for estimable potential liabilities emanating from these exposures. If actual outcomes differ materially from these estimates, they could have a material impact on the Company’s consolidated results of operations.

Recently Adopted Accounting Standards

In February 2013, the Financial Accounting Standards Board (“FASB”) issued authoritative guidance requiring an entity to present, in a single location either parenthetically on the face of the financial statements or in a separate note, significant amounts reclassified from each component of accumulated other comprehensive income (loss) (“AOCI”) and the income statement line items affected by the reclassification. An entity is not permitted to provide this information parenthetically on the face of the income statement if it has items that are not required to be reclassified in their entirety to net income. Instead of disclosing the income statement line affected, a cross reference to other disclosures that provide additional details on these items is required. This guidance became effective prospectively for the Company’s fiscal 2014 first quarter and the adoption of this disclosure-only guidance did not have a significant impact on the Company’s consolidated financial statements.

In July 2012, the FASB amended its authoritative guidance related to testing indefinite-lived intangible assets for impairment. Under the revised guidance, entities testing their indefinite-lived intangible assets for impairment have the option of performing a qualitative assessment before performing further impairment testing. If entities determine, on the basis of qualitative factors, that it is more-likely-than-not that the asset is impaired, a quantitative test is required. This guidance became effective in the beginning of the Company’s fiscal 2014 first quarter and the adoption of this guidance did not have an impact on the Company’s consolidated financial statements.

In December 2011, the FASB issued authoritative guidance that creates new disclosure requirements about the nature of an entity’s rights of offset and related arrangements associated with its financial instruments and derivative instruments. This revised guidance helps reconcile differences in the offsetting requirements under U.S. GAAP and International Financial Reporting Standards (“IFRS”). These requirements mandate that entities disclose both gross and net information about instruments and transactions eligible for offset in the statement of financial position as well as instruments and transactions subject to an agreement similar to a master netting arrangement. In January 2013, the FASB issued an update that limits the scope of these disclosures to recognized derivative instruments, repurchase agreements and reverse repurchase agreements, and securities borrowing and lending transactions to the extent they are offset in the balance sheet or subject to an enforceable master netting arrangement or similar agreement. This disclosure-only guidance became effective for the Company’s fiscal 2014 first quarter, with retrospective application required. The Company currently does not hold any financial or derivative instruments within the scope of this guidance that are offset in its consolidated balance sheets or are subject to an enforceable master netting arrangement. The adoption of this guidance did not have an impact on the Company’s consolidated financial statements.

Recently Issued Accounting Standards

In June 2014, the FASB amended its authoritative guidance on accounting for certain share-based payment awards. The amended guidance requires that share-based compensation awards with terms of a performance target that affects vesting, and that could be achieved after the requisite service period, be treated as a performance condition. As such, the performance target should not be reflected in estimating the grant-date fair value of the award and compensation cost should be recognized in the period in which it becomes probable that the performance target will be achieved. This guidance becomes effective for the Company’s fiscal 2017 first quarter, with early adoption permitted. The guidance will permit an entity to apply the amendments in the update either (a) prospectively to all awards granted or modified after the effective date or (b) retrospectively to all awards with performance targets that are outstanding as of the beginning of the earliest annual period presented in the consolidated financial statements and to all new or modified awards thereafter. The Company will apply this new guidance when it becomes effective, and is currently evaluating the impact of adoption on its consolidated financial statements.

In May 2014, the FASB issued authoritative guidance that defines how companies should report revenues from contracts with customers. The standard requires an entity to recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. It provides companies with a single comprehensive five-step principles-based model to use in accounting for revenue and supersedes current revenue recognition requirements, including most industry-specific and transaction-specific revenue guidance. This guidance becomes effective for the Company’s fiscal 2018 first quarter and early adoption is not permitted. The guidance permits an entity to apply the standard retrospectively to all prior periods presented, with certain practical expedients, or apply the requirements in the year of adoption, through a cumulative adjustment. The Company will apply this new guidance when it becomes effective and has not yet selected a transition method. The Company is currently evaluating the impact of adoption on its consolidated financial statements.

In April 2014, the FASB issued authoritative guidance which changes the criteria for a disposal to qualify as a discontinued operation. This revised standard defines a discontinued operation as (i) a component of an entity or group of components that has been disposed of or is classified as held for sale that represents a strategic shift that has or will have a major effect on an entity’s operations and financial results or (ii) an acquired business or nonprofit activity that is classified as held for sale on the date of acquisition. The standard also requires expanded disclosures related to discontinued operations and added disclosure requirements for individually material disposal transactions that do not meet the discontinued operations criteria. This guidance becomes effective prospectively for the Company’s fiscal 2016 first quarter, with early adoption permitted, but only for disposals (or classifications as held for sale) that have not been reported in financial statements previously issued or available to be issued. The Company will apply this new guidance when it becomes effective and the adoption of this guidance is not expected to have a significant impact on its consolidated financial statements.

In July 2013, the FASB issued authoritative guidance that requires an entity to present an unrecognized tax benefit, or a portion of an unrecognized tax benefit, in the financial statements as a reduction to a deferred tax asset for a net operating loss (“NOL”) carryforward, a similar tax loss, or a tax credit carryforward. If either (i) an NOL carryforward, a similar tax loss, or tax credit carryforward is not available as of the reporting date under the governing tax law to settle taxes that would result from the disallowance of the tax position or (ii) the entity does not intend to use the deferred tax asset for this purpose (provided that the tax law permits a choice), an entity should present an unrecognized tax benefit in the financial statements as a liability and should not net the unrecognized tax benefit with a deferred tax asset. This guidance becomes effective prospectively for unrecognized tax benefits that exist as of the Company’s fiscal 2015 first quarter, with retrospective application and early adoption permitted. The Company will apply this new guidance prospectively when it becomes effective, and the adoption of this guidance is not expected to have a significant impact on its consolidated financial statements.

In March 2013, the FASB issued authoritative guidance to resolve the diversity in practice concerning the release of the cumulative translation adjustment (“CTA”) into net income (i) when a parent sells a part or all of its investment in a foreign entity or no longer holds a controlling financial interest in a subsidiary or group of assets within a foreign entity, and (ii) in connection with a step acquisition of a foreign entity. This amended guidance requires that CTA be released in net income only if the sale or transfer results in the complete or substantially complete liquidation of the foreign entity in which the subsidiary or group of assets had resided, and that a pro rata portion of the CTA be released into net income upon a partial sale of an equity method investment in a foreign entity only. In addition, the amended guidance clarifies the definition of a sale of an investment in a foreign entity to include both, events that result in the loss of a controlling financial interest in a foreign entity and events that result in an acquirer obtaining control of an acquiree in which it held an equity interest immediately prior to the date of acquisition. The CTA should be released into net income upon the occurrence of such events. This guidance becomes effective prospectively for the Company’s fiscal 2015 first quarter with early adoption permitted. The Company will apply this new guidance when it becomes effective and the adoption of this guidance is not expected to have a significant impact on its consolidated financial statements.

In February 2013, the FASB issued authoritative guidance for the recognition, measurement, and disclosure of obligations resulting from joint and several liability arrangements for which the total amount of the obligations within the scope of this guidance is fixed at the reporting date. It does not apply to certain obligations that are addressed within existing guidance in U.S. GAAP. This guidance requires an entity to measure in-scope obligations with joint and several liability (e.g., debt arrangements, other contractual obligations, settled litigations, judicial rulings) as the sum of the amount the reporting entity agreed to pay on the basis of its arrangement among its co-obligors and any additional amount it expects to pay on behalf of its co-obligors. In addition, an entity is required to disclose the nature and amount of the obligation. This guidance should be applied retrospectively to all prior periods for those obligations resulting from joint and several liability arrangements within the scope of this guidance that exist at the beginning of the Company’s fiscal 2015 first quarter, with early adoption permitted. The Company will apply this guidance when it becomes effective, and the adoption of this guidance is not expected to have a significant impact on its consolidated financial statements.

INVENTORY_AND_PROMOTIONAL_MERC

INVENTORY AND PROMOTIONAL MERCHANDISE	12 Months Ended
	Jun. 30, 2014
INVENTORY AND PROMOTIONAL MERCHANDISE	'
INVENTORY AND PROMOTIONAL MERCHANDISE	'
	NOTE 3 – INVENTORY AND PROMOTIONAL MERCHANDISE

		June 30
	(In millions)	2014		2013
	Inventory and promotional merchandise, net consists of:
	Raw materials	$	317.5	$	274.2
	Work in process	192.4		116.8
	Finished goods	599.5		510.9
	Promotional merchandise	184.6		212
		$	1,294.00	$	1,113.90

PROPERTY_PLANT_AND_EQUIPMENT

PROPERTY, PLANT AND EQUIPMENT	12 Months Ended
	Jun. 30, 2014
PROPERTY, PLANT AND EQUIPMENT	'
PROPERTY, PLANT AND EQUIPMENT	'
	NOTE 4 – PROPERTY, PLANT AND EQUIPMENT

		June 30
	(In millions)	2014		2013
	Assets (Useful Life)

	Land	$	15.4	$	14.7
	Buildings and improvements (10 to 40 years)	205		195.4
	Machinery and equipment (3 to 10 years)	673.9		647.9
	Computer hardware and software (4 to 10 years)	994.8		948.4
	Furniture and fixtures (5 to 10 years)	75.1		71.6
	Leasehold improvements	1,565.70		1,349.60
		3,529.90		3,227.60
	Less accumulated depreciation and amortization	2,027.30		1,876.90
		$	1,502.60	$	1,350.70

	The cost of assets related to projects in progress of $229.9 million and $178.7 million as of June 30, 2014 and 2013, respectively, is included in their respective asset categories above. Depreciation and amortization of property, plant and equipment was $378.1 million, $329.8 million and $286.9 million in fiscal 2014, 2013 and 2012, respectively. Depreciation and amortization related to the Company’s manufacturing process is included in Cost of sales and all other depreciation and amortization is included in Selling, general and administrative expenses in the accompanying consolidated statements of earnings.

GOODWILL_AND_OTHER_INTANGIBLE_

GOODWILL AND OTHER INTANGIBLE ASSETS	12 Months Ended
GOODWILL AND OTHER INTANGIBLE ASSETS	Jun. 30, 2014
GOODWILL AND OTHER INTANGIBLE ASSETS	'
GOODWILL AND OTHER INTANGIBLE ASSETS	'
	NOTE 5 – GOODWILL AND OTHER INTANGIBLE ASSETS

	Goodwill

	The Company assigns goodwill of a reporting unit to the product category in which that reporting unit predominantly operates at the time of acquisition. The following table presents goodwill by product category and the related change in the carrying amount:

	(In millions)		Skin				Makeup				Fragrance			Hair				Total
	(In millions)		Care				Makeup				Fragrance			Care				Total

	Balance as of June 30, 2012
	Goodwill	$	68.1			$	421.1			$	54.8		$	403.4			$	947.4
	Accumulated impairments		(23.6	)			—				—			(41.2	)			(64.8	)
			44.5				421.1				54.8			362.2				882.6

	Goodwill acquired during the year		—				9.2				—			—				9.2
	Impairment charges		(9.6	)			—				—			—				(9.6	)
	Translation and other adjustments		0.3				0.1				—			(1.1	)			(0.7	)
			(9.3	)			9.3				—			(1.1	)			(1.1	)

	Balance as of June 30, 2013
	Goodwill		67.7				430.4				54.8			401.6				954.5
	Accumulated impairments		(32.5	)			—				—			(40.5	)			(73.0	)
			35.2				430.4				54.8			361.1				881.5

	Goodwill acquired during the year		—				10.3				—			—				10.3
	Translation and other adjustments		0.1				—				—			1.3				1.4
			0.1				10.3				—			1.3				11.7

	Balance as of June 30, 2014
	Goodwill		68.9				440.7				54.8			402.3				966.7
	Accumulated impairments		(33.6	)			—				—			(39.9	)			(73.5	)
		$	35.3			$	440.7			$	54.8		$	362.4			$	893.2

	Other Intangible Assets

	Other intangible assets include trademarks and patents, as well as license agreements and other intangible assets resulting from or related to businesses and assets purchased by the Company. Indefinite-lived intangible assets (e.g., trademarks) are not subject to amortization and are assessed at least annually for impairment during the fiscal fourth quarter, or more frequently if certain events or circumstances exist. Other intangible assets (e.g., non-compete agreements, customer lists) are amortized on a straight-line basis over their expected period of benefit, approximately 2 years to 20 years. Intangible assets related to license agreements were amortized on a straight-line basis over their useful lives based on the terms of the respective agreements. The costs incurred and expensed by the Company to extend or renew the term of acquired intangible assets during fiscal 2014 and 2013 were not significant to the Company’s results of operations.

	Other intangible assets consist of the following:

		June 30, 2014									June 30, 2013
	(In millions)	Gross			Accumulated			Total Net			Gross		Accumulated			Total Net
		Carrying			Amortization			Book Value			Carrying		Amortization			Book Value
		Value									Value
	Amortizable intangible assets:
	Customer lists and other	$	268.3		$	216.7		$	51.6		$	268	$	204.1		$	63.9
	License agreements	43			43			—			43		43			—
		$	311.3		$	259.7		51.6			$	311	$	247.1		63.9
	Non-amortizable intangible assets:
	Trademarks and other							105.7								105.7
	Total intangible assets							$	157.3							$	169.6

	The aggregate amortization expense related to amortizable intangible assets for fiscal 2014, 2013 and 2012 was $12.4 million, $12.5 million and $13.9 million, respectively. The estimated aggregate amortization expense for each of the next five fiscal years is as follows:

		Fiscal
	(In millions)	2015			2016			2017			2018		2019

	Estimated aggregate amortization expense	$	12.1		$	11.9		$	9.9		$	8.4	$	7.5


	Impairment Testing During Fiscal 2013

	As of the Company’s annual step-one goodwill impairment test on April 1, 2013, the Company determined that the carrying value of the Darphin reporting unit exceeded its fair value. As a result, the Company recorded an impairment charge for the remainder of the goodwill related to the Darphin reporting unit of $9.6 million. The fair value of the reporting unit was based upon the income approach, utilizing estimated cash flows and a terminal value, discounted at a rate of return that reflects the relative risk of cash flows. The Company also determined that the carrying value of the Darphin trademark exceeded its estimated fair value, which was based on the use of a royalty rate to determine discounted projected future cash flows (“relief-from-royalty method”). As a result, the Company recognized an impairment charge of $8.1 million for the remaining carrying value of the related trademark. These impairment charges were reflected in the skin care product category and in the Europe, the Middle East & Africa region.

RETURNS_AND_CHARGES_ASSOCIATED

RETURNS AND CHARGES ASSOCIATED WITH RESTRUCTURING ACTIVITIES	12 Months Ended
	Jun. 30, 2014
RETURNS AND CHARGES ASSOCIATED WITH RESTRUCTURING ACTIVITIES	'
RETURNS AND CHARGES ASSOCIATED WITH RESTRUCTURING ACTIVITIES	'
	NOTE 6 – RETURNS AND CHARGES ASSOCIATED WITH RESTRUCTURING ACTIVITIES

	During the second quarter of fiscal 2013, the Company closed its multi-faceted cost savings program implemented in February 2009 (the “Program”) and have executed substantially all remaining initiatives as of June 30, 2014. Total cumulative restructuring charges and other costs to implement those initiatives from inception of the Program to date are $317.5 million.

	Restructuring Charges (Adjustments)

	The following table presents aggregate restructuring charges (adjustments) related to the Program to date:

	(In millions)		Employee-Related			Asset			Contract			Other Exit			Total
			Costs			Write-offs			Terminations			Costs

	Fiscal 2009		$	60.9		$	4.2		$	3.4		$	1.8		$	70.3
	Fiscal 2010		29.3			11			2.3			6.2			48.8
	Fiscal 2011		34.6			2.4			3			1.1			41.1
	Fiscal 2012		37.1			1.7			12.6			2.2			53.6
	Fiscal 2013		7.7			2.1			1.5			3.3			14.6
	Fiscal 2014		(4.1		)				1.2			—			(2.9		)
	Charges (adjustments) recorded through June 30, 2014		$	165.5		$	21.4		$	24		$	14.6		$	225.5

	The following table presents accrued restructuring charges (adjustments) and the related activities under the Program to date:

	(In millions)		Employee-			Asset			Contract			Other Exit			Total
			Related			Write-offs			Terminations			Costs
			Costs

	Balance at June 30, 2012	$		47.9		$	—		$	0.8		$	0.5		$	49.2
	Charges		7.7			2.1			1.5			3.3			14.6
	Cash payments		(26.0		)	—			(2.1		)	(3.1		)	(31.2		)
	Non-cash write-offs		—			(2.1		)	—			—			(2.1		)
	Translation adjustments		0.2			—			—			—			0.2
	Other adjustments		(2.3		)	—			—			—			(2.3		)
	Balance at June 30, 2013		27.5			—			0.2			0.7			28.4
	Charges (adjustments)		(4.1		)	—			1.2			—			(2.9		)
	Cash payments		(16.6		)	—			(0.8		)	(0.5		)	(17.9		)
	Translation adjustments		0.3			—			0.1			(0.1		)	0.3
	Balance at June 30, 2014		$	7.1		$	—		$	0.7		$	0.1		$	7.9

	Accrued restructuring charges at June 30, 2014 are expected to result in cash expenditures funded from cash provided by operations of approximately $7 million and $1 million in fiscal 2015 and 2016, respectively.

	Total Returns and Other Charges (Adjustments) Associated with Restructuring Activities

	The following table presents total returns and charges (adjustments) associated with restructuring and other activities related to the Program:

			Year Ended June 30
	(In millions)		2014			2013			2012
	Sales returns (included in Net Sales)		$	(0.1	)	$	1.5		$	2.1
	Cost of sales		0.1			1.2			1.5
	Restructuring charges (adjustments)		(2.9		)	14.6			53.6
	Other charges		—			0.5			6
	Total charges (adjustments) associated with restructuring activities		$	(2.9	)	$	17.8		$	63.2

	Other charges in connection with the implementation of the Program were primarily related to consulting and other professional services.

INCOME_TAXES

INCOME TAXES	12 Months Ended
INCOME TAXES	Jun. 30, 2014
INCOME TAXES	'
INCOME TAXES	'
	NOTE 7 – INCOME TAXES

	The provision for income taxes is comprised of the following:

			Year Ended June 30
	(In millions)		2014			2013			2012
	Current:
	Federal		$	338.2		$	261.7		$	154.5
	Foreign		265.4			241.5			254.1
	State and local		20.5			24.3			14.1
			624.1			527.5			422.7

	Deferred:
	Federal		(41.7		)	(35.2		)	(13.8		)
	Foreign		(18.6		)	(41.3		)	(9.0		)
	State and local		3.9			0.4			0.7
			(56.4		)	(76.1		)	(22.1		)
			$	567.7		$	451.4		$	400.6

	Earnings before income taxes include amounts contributed by the Company’s foreign operations of approximately $1,384 million, $1,220 million and $1,172 million for fiscal 2014, 2013 and 2012, respectively. A portion of these earnings are taxed in the United States.

	A reconciliation of the U.S. federal statutory income tax rate to the Company’s actual effective tax rate on earnings before income taxes is as follows:

			Year Ended June 30
			2014		2013		2012

	Provision for income taxes at statutory rate		35	%	35	%	35	%
	Increase (decrease) due to:
	State and local income taxes, net of federal tax benefit		1.4		1.3		1.1
	Taxation of foreign operations		(4.0	)	(4.9	)	(4.2	)
	Income tax reserve adjustments		(0.5	)	(1.0	)	(0.8	)
	Other, net		0.1		0.2		0.7
	Effective tax rate		32	%	30.6	%	31.8	%

	Income tax reserve adjustments represent changes in the Company’s net liability for unrecognized tax benefits related to prior-year tax positions including tax settlements and lapses of the applicable statutes of limitations.

	Federal income and foreign withholding taxes have not been provided on approximately $2,403 million of undistributed earnings of foreign subsidiaries at June 30, 2014. The Company intends to reinvest these earnings in its foreign operations indefinitely, except where it is able to repatriate these earnings to the United States without material incremental tax provision. The determination and estimation of the future income tax consequences in all relevant taxing jurisdictions involves the application of highly complex tax laws in the countries involved, particularly in the United States, and is based on the tax profile of the Company in the year of earnings repatriation. Accordingly, it is not practicable to determine the amount of tax associated with such undistributed earnings.

	Significant components of the Company’s deferred income tax assets and liabilities were as follows:

			June 30
	(In millions)		2014			2013
	Deferred tax assets:
	Compensation related expenses		$	199.1		$	177
	Inventory obsolescence and other inventory related reserves		80.1			76.1
	Retirement benefit obligations		94			81.5
	Various accruals not currently deductible		174.5			179.9
	Net operating loss, credit and other carryforwards		111.3			89.6
	Unrecognized state tax benefits and accrued interest		19.3			19
	Other differences between tax and financial statement values		83.9			83.4
			762.2			706.5
	Valuation allowance for deferred tax assets		(115.2		)	(92.9		)
	Total deferred tax assets		647			613.6

	Deferred tax liabilities:
	Depreciation and amortization		(248.0		)	(249.9		)
	Other differences between tax and financial statement values		(18.4		)	(17.4		)
	Total deferred tax liabilities		(266.4		)	(267.3		)
	Total net deferred tax assets		$	380.6		$	346.3

	As of June 30, 2014 and 2013, the Company had current net deferred tax assets of $295.1 million and $296.0 million, respectively, substantially all of which are included in Prepaid expenses and other current assets in the accompanying consolidated balance sheets. In addition, the Company had noncurrent net deferred tax assets of $85.5 million and $50.3 million as of June 30, 2014 and 2013, respectively, substantially all of which are included in Other assets in the accompanying consolidated balance sheets.

	As of June 30, 2014 and 2013, certain subsidiaries had net operating loss and other carryforwards for tax purposes of approximately $429 million and $349 million, respectively. With the exception of approximately $412 million of net operating loss and other carryforwards with an indefinite carryforward period as of June 30, 2014, these carryforwards expire at various dates through fiscal 2034. Deferred tax assets, net of valuation allowances, in the amount of $11.1 million and $9.0 million as of June 30, 2014 and 2013, respectively, have been recorded to reflect the tax benefits of the carryforwards not utilized to date.

A full valuation allowance has been provided for those deferred tax assets for which, in the opinion of management, it is more-likely-than-not that the deferred tax assets will not be realized.

As of June 30, 2014 and 2013, the Company had gross unrecognized tax benefits of $58.1 million and $64.0 million, respectively. The total amount of unrecognized tax benefits that, if recognized, would affect the effective tax rate was $41.1 million.

The Company classifies applicable interest and penalties related to unrecognized tax benefits as a component of the provision for income taxes. During fiscal 2014 and 2013, the Company recognized gross interest and penalty benefits of $1.7 million and $8.2 million, respectively, in the accompanying consolidated statements of earnings. The total gross accrued interest and penalties in the accompanying consolidated balance sheets at June 30, 2014 and 2013 were $12.5 million and $17.4 million, respectively. A reconciliation of the beginning and ending amount of gross unrecognized tax benefits is as follows:

		June 30
(In millions)		2014			2013

Beginning of the year balance of gross unrecognized tax benefits		$	64		$	78.5
Gross amounts of increases as a result of tax positions taken during a prior period		5.1			5.6
Gross amounts of decreases as a result of tax positions taken during a prior period		(10.5		)	(9.8		)
Gross amounts of increases as a result of tax positions taken during the current period		10.1			8.4
Amounts of decreases in unrecognized tax benefits relating to settlements with taxing authorities		(6.4		)	(6.8		)
Reductions to unrecognized tax benefits as a result of a lapse of the applicable statutes of limitations		(4.2		)	(11.9		)
End of year balance of gross unrecognized tax benefits		$	58.1		$	64

Earnings from the Company’s global operations are subject to tax in various jurisdictions both within and outside the United States. During fiscal 2011, the Company commenced participation in the U.S. Internal Revenue Service (the “IRS”) Compliance Assurance Program (“CAP”). The objective of CAP is to reduce taxpayer burden and uncertainty while assuring the IRS of the accuracy of income tax returns prior to filing, thereby reducing or eliminating the need for post-filing examinations.

During the first and fourth quarters of fiscal 2013, the Company formally concluded the compliance process with respect to fiscal years 2011 and 2012, respectively, under the IRS CAP. The conclusion of this process did not impact the Company’s consolidated financial statements. As of June 30, 2014, the compliance process was ongoing with respect to fiscal years 2013 and 2014.

The Company is currently undergoing income tax examinations and controversies in several state, local and foreign jurisdictions. These matters are in various stages of completion and involve complex multi-jurisdictional issues common among multinational enterprises, including transfer pricing, which may require an extended period of time for resolution.

The Company had been notified of a disallowance of tax deductions claimed by its subsidiary in Spain for fiscal years 1999 through 2002. An appeal against this reassessment was filed with the Chief Tax Inspector. On July 18, 2005, the final assessment made by the Chief Tax Inspector was received, confirming the reassessment made by the tax auditors. During fiscal 2006, an appeal against this final assessment was filed with the Madrid Regional Economic Administrative Tribunal (“TEAR”). In view of the TEAR’s silence, during fiscal 2007 the claim was presumed to be dismissed and an appeal was filed against it with the Central Economic-Administrative Tribunal (“TEAC”). During the fiscal 2008 fourth quarter, the TEAC dismissed the claim and, on June 10, 2008, the Company filed an appeal for judicial review with the National Appellate Court. During fiscal 2009, the Company completed the appeal proceedings with the National Appellate Court and, as of June 30, 2011, awaited the court’s decision. During the first quarter of fiscal 2012, the National Appellate Court notified the Company that the appeal was denied. The Company had been assessed corporate income tax and interest of $3.8 million, net of tax, at current exchange rates. In response, the Company filed an appeal with the Spain Supreme Court. Based on the decision of the National Appellate Court, the Company established a reserve during fiscal 2012 which resulted in an increase to the provision for income taxes equal to the $3.8 million exposure, net of tax. Separately, during fiscal 2012, the Company’s subsidiary in Spain made cash payments totaling $4.1 million, at current exchange rates, to the Spain tax authority as an advance deposit to limit the additional interest that would be due to the Spain tax authority should it receive an unfavorable decision from the Spain Supreme Court. During the second quarter of fiscal 2014, the Spain Supreme Court notified the Company that its appeal was denied. Since this represents the final outcome of the matter, the Company applied the advance deposit to settle the assessment and previously established reserve.

During fiscal 2014, the Company concluded various state, local and foreign income tax audits and examinations while several other matters, including those noted above, were initiated or remained pending. On the basis of the information available in this regard as of June 30, 2014, the Company does not expect any significant changes to the total amount of unrecognized tax benefits within the next 12 months.

The tax years subject to examination vary depending on the tax jurisdiction. As of June 30, 2014, the following tax years remain subject to examination by the major tax jurisdictions indicated:

Major Jurisdiction		Open Fiscal Years

Belgium		2010 – 2014
Canada		2007 – 2014
China		2010 – 2014
France		2012 – 2014
Germany		2004 – 2014
Hong Kong		2008 – 2014
Japan		2012 – 2014
Korea		2014
Russia		2013 – 2014
Spain		2012 – 2014
Switzerland		2011 – 2014
United Kingdom		2013 – 2014
United States		2013 – 2014
State of California		2009 – 2014
State of New York		2013 – 2014

The Company is also subject to income tax examinations in numerous other state, local and foreign jurisdictions. The Company believes that its tax reserves are adequate for all years subject to examination.

OTHER_ACCRUED_LIABILITIES

OTHER ACCRUED LIABILITIES	12 Months Ended
	Jun. 30, 2014
OTHER ACCRUED LIABILITIES	'
OTHER ACCRUED LIABILITIES	'
	NOTE 8 – OTHER ACCRUED LIABILITIES

	Other accrued liabilities consist of the following:

		June 30
	(In millions)	2014		2013
	Advertising, merchandising and sampling	$	301.7	$	318.6
	Employee compensation	468.2		433.3
	Payroll and other taxes	161.2		135.7
	Accrued income taxes	113.6		81.3
	Other	469.1		465.7
		$	1,513.80	$	1,434.60

DEBT

DEBT	12 Months Ended
	Jun. 30, 2014
DEBT	'
DEBT	'
	NOTE 9 – DEBT

	The Company’s current and long-term debt and available financing consist of the following:

		Debt at June 30						Available financing at
								June 30, 2014
	(In millions)	2014			2013			Committed		Uncommitted
	3.70% Senior Notes, due August 15, 2042 (“2042 Senior Notes”)	$	249		$	248.9		$	—	$	—
	6.00% Senior Notes, due May 15, 2037 (“2037 Senior Notes”)	296.6			296.5			—		—
	5.75% Senior Notes, due October 15, 2033 (“2033 Senior Notes”)	197.8			197.8			—		—
	2.35% Senior Notes, due August 15, 2022 (“2022 Senior Notes”)	249.8			249.8			—		—
	5.55% Senior Notes, due May 15, 2017 (“2017 Senior Notes”)	321.1			328			—		—
	Commercial paper	—			—			—		1,000.00
	Loan participation notes	—			—			—		150
	Other long-term borrowings	10.4			5			—		—
	Other current borrowings	18.4			18.3			—		199.8
	Revolving credit facility	—			—			1,000.00		—
		1,343.10			1,344.30			$	1,000.00	$	1,349.80
	Less current debt including current maturities	(18.4		)	(18.3		)
		$	1,324.70		$	1,326.00

	As of June 30, 2014, the Company had outstanding $249.0 million of the 2042 Senior Notes consisting of $250.0 million principal and unamortized debt discount of $1.0 million. The 2042 Senior Notes, when issued in August 2012, were priced at 99.567% with a yield of 3.724%. Interest payments are required to be made semi-annually on February 15 and August 15.

	As of June 30, 2014, the Company had outstanding $296.6 million of 2037 Senior Notes consisting of $300.0 million principal and unamortized debt discount of $3.4 million. The 2037 Senior Notes, when issued in May 2007, were priced at 98.722% with a yield of 6.093%. Interest payments are required to be made semi-annually on May 15 and November 15. In April 2007, in anticipation of the issuance of the 2037 Senior Notes, the Company entered into a series of forward-starting interest rate swap agreements on a notional amount totaling $210.0 million at a weighted-average all-in rate of 5.45%. The forward-starting interest rate swap agreements were settled upon the issuance of the new debt and the Company recognized a loss in other comprehensive income of $0.9 million that is being amortized to interest expense over the life of the 2037 Senior Notes. As a result of the forward-starting interest rate swap agreements, the debt discount and debt issuance costs, the effective interest rate on the 2037 Senior Notes will be 6.181% over the life of the debt.

	As of June 30, 2014, the Company had outstanding $197.8 million of 2033 Senior Notes consisting of $200.0 million principal and unamortized debt discount of $2.2 million. The 2033 Senior Notes, when issued in September 2003, were priced at 98.645% with a yield of 5.846%. Interest payments are required to be made semi-annually on April 15 and October 15. In May 2003, in anticipation of the issuance of the 5.75% Senior Notes, the Company entered into a series of treasury lock agreements on a notional amount totaling $195.0 million at a weighted-average all-in rate of 4.53%. The treasury lock agreements were settled upon the issuance of the new debt and the Company received a payment of $15.0 million that will be amortized against interest expense over the life of the 2033 Senior Notes. As a result of the treasury lock agreements, the debt discount and debt issuance costs, the effective interest rate on the 2033 Senior Notes will be 5.395% over the life of the debt.

	As of June 30, 2014, the Company had outstanding $249.8 million of the 2022 Senior Notes consisting of $250.0 million principal and unamortized debt discount of $0.2 million. The 2022 Senior Notes, when issued in August 2012, were priced at 99.911% with a yield of 2.360%. Interest payments are required to be made semi-annually on February 15 and August 15.

	As of June 30, 2014, the Company had outstanding $321.1 million of 2017 Senior Notes consisting of $300.0 million principal, an unamortized debt discount of $0.2 million and a $21.3 million adjustment to reflect the remaining termination value of an interest rate swap. The 2017 Senior Notes, when issued in May 2007, were priced at 99.845% with a yield of 5.570%. Interest payments are required to be made semi-annually on May 15 and November 15. During fiscal 2011, the Company terminated its interest rate swap agreements with a notional amount totaling $250.0 million which had effectively converted the fixed rate interest on its outstanding 2017 Senior Notes to variable interest rates. The instrument, which was classified as an asset, had a fair value of $47.4 million at the date of cash settlement. Hedge accounting treatment was discontinued prospectively and the fair value adjustment to the carrying amount of the related debt is being amortized against interest expense over the remaining life of the debt.

	In September 2012, the Company used the net proceeds of the 2022 Senior Notes and 2042 Senior Notes to redeem the $230.1 million principal amount of its 2013 Senior Notes at a price of 108% of the principal amount and recorded a pre-tax expense on the extinguishment of debt of $19.1 million representing the call premium of $18.6 million and the pro-rata write-off of $0.5 million of issuance costs and debt discount.

	The Company has a $1.0 billion commercial paper program under which it may issue commercial paper in the United States. At June 30, 2014, the Company had no commercial paper outstanding.

	As of June 30, 2014, the Company had a fixed rate promissory note agreement with a financial institution pursuant to which the Company may borrow up to $150.0 million in the form of loan participation notes through one of its subsidiaries in Europe. The interest rate on borrowings under this agreement is at an all-in fixed rate determined by the lender and agreed to by the Company at the date of each borrowing. At June 30, 2014, no borrowings were outstanding under this agreement. Debt issuance costs incurred related to this agreement were de minimis.

	In July 2014, the Company replaced its undrawn $1.0 billion unsecured revolving credit facility that was set to expire on July 14, 2015 (the “Prior Facility”), with a new $1.0 billion senior unsecured revolving credit facility that expires on July 15, 2019, unless extended for up to two additional years in accordance with the terms set forth in the agreement (the “New Facility”). At June 30, 2014, no borrowings were outstanding under the Prior Facility. The New Facility may be used for general corporate purposes. Up to the equivalent of $350 million of the New Facility is available for multi-currency loans. The interest rate on borrowings under the New Facility is based on LIBOR or on the higher of prime, which is the rate of interest publicly announced by the administrative agent, or ½% plus the Federal funds rate. The Company incurred costs of approximately $1 million to establish the New Facility which will be amortized over the term of the facility. The New Facility has an annual fee of $0.6 million, payable quarterly, based on the Company’s current credit ratings. The New Facility also contains a cross-default provision whereby a failure to pay other material financial obligations in excess of $150.0 million (after grace periods and absent a waiver from the lenders) would result in an event of default and the acceleration of the maturity of any outstanding debt under this facility.

	The Company maintains uncommitted credit facilities in various regions throughout the world. Interest rate terms for these facilities vary by region and reflect prevailing market rates for companies with strong credit ratings. During fiscal 2014 and 2013, the monthly average amount outstanding was approximately $13.7 million and $11.8 million, respectively, and the annualized monthly weighted-average interest rate incurred was approximately 9.2% and 8.8%, respectively.

	Refer to Note 13 — Commitments and Contingencies for the Company’s projected debt service payments, as of June 30, 2014, over the next five fiscal years.

DERIVATIVE_FINANCIAL_INSTRUMEN

DERIVATIVE FINANCIAL INSTRUMENTS	12 Months Ended
DERIVATIVE FINANCIAL INSTRUMENTS	Jun. 30, 2014
DERIVATIVE FINANCIAL INSTRUMENTS	'
DERIVATIVE FINANCIAL INSTRUMENTS	'
	NOTE 10 – DERIVATIVE FINANCIAL INSTRUMENTS

	The Company addresses certain financial exposures through a controlled program of risk management that includes the use of derivative financial instruments. The Company enters into foreign currency forward contracts and may enter into option contracts to reduce the effects of fluctuating foreign currency exchange rates and interest rate derivatives to manage the effects of interest rate movements on the Company’s aggregate liability portfolio. The Company also enters into foreign currency forward contracts and may use option contracts, not designated as hedging instruments, to mitigate the change in fair value of specific assets and liabilities on the balance sheet. The Company does not utilize derivative financial instruments for trading or speculative purposes. Costs associated with entering into these derivative financial instruments have not been material to the Company’s consolidated financial results.

	For each derivative contract entered into where the Company looks to obtain hedge accounting treatment, the Company formally and contemporaneously documents all relationships between hedging instruments and hedged items, as well as its risk-management objective and strategy for undertaking the hedge transaction, the nature of the risk being hedged, how the hedging instruments’ effectiveness in offsetting the hedged risk will be assessed prospectively and retrospectively, and a description of the method of measuring ineffectiveness. This process includes linking all derivatives to specific assets and liabilities on the balance sheet or to specific firm commitments or forecasted transactions. The Company also formally assesses, both at the hedge’s inception and on an ongoing basis, whether the derivatives that are used in hedging transactions are highly effective in offsetting changes in fair values or cash flows of hedged items. If it is determined that a derivative is not highly effective, or that it has ceased to be a highly effective hedge, the Company will be required to discontinue hedge accounting with respect to that derivative prospectively.

	The fair values of the Company’s derivative financial instruments included in the consolidated balance sheets are presented as follows:

		Asset Derivatives								Liability Derivatives
	(In millions)	Balance Sheet		Fair Value (1)						Balance Sheet		Fair Value (1)
	(In millions)	Location		Fair Value (1)						Location		Fair Value (1)
				June 30								June 30
				2014			2013					2014			2013
	Derivatives Designated as Hedging Instruments:
	Foreign currency forward contracts	Prepaid expenses and other current assets		$	3.4		$	20.8		Other accrued liabilities		$	18.2		$	6.4

	Derivatives Not Designated as Hedging Instruments:
	Foreign currency forward contracts	Prepaid expenses and other current assets		0.8			0.9			Other accrued liabilities		0.9			2.7

	Total Derivatives			$	4.2		$	21.7				$	19.1		$	9.1

	(1) See Note 11 – Fair Value Measurements for further information about how the fair value of derivative assets and liabilities are determined.

	The amounts of the gains and losses related to the Company’s derivative financial instruments designated as hedging instruments are presented as follows:

	(In millions)	Amount of Gain or (Loss)						Location of Gain or		Amount of Gain or (Loss)
		Recognized in OCI on Derivatives						(Loss) Reclassified		Reclassified from AOCI into
		(Effective Portion)						from AOCI into		Earnings
								Earnings		(Effective Portion) (1)
								(Effective Portion)
		June 30								June 30
		2014			2013					2014			2013
	Derivatives in Cash Flow Hedging Relationships:

	Foreign currency forward contracts	$	(22.2	)	$	10.3		Cost of sales		$	4.5		$	(1.8	)
								Selling, general and administrative		2.7			10.6
	Total derivatives	$	(22.2	)	$	10.3				$	7.2		$	8.8

	(1) The amount of gain recognized in earnings related to the amount excluded from effectiveness testing was $0.4 million and $1.8 million for fiscal 2014 and 2013, respectively. The loss recognized in earnings related to the ineffective portion of the hedging relationships was $0.5 million and $0.2 million for fiscal 2014 and 2013, respectively.

	The amounts of the gains and losses related to the Company’s derivative financial instruments not designated as hedging instruments are presented as follows:

	(In millions)	Location of Gain or (Loss)		Amount of Gain or (Loss) Recognized
		Recognized in Earnings on		in Earnings on Derivatives
		Derivatives
				June 30
				2014			2013
	Derivatives Not Designated as Hedging Instruments:

	Foreign currency forward contracts	Selling, general and administrative		$	1.9		$	(2.1	)


	Foreign Currency Cash-Flow Hedges

	The Company enters into foreign currency forward contracts to hedge anticipated transactions, as well as receivables and payables denominated in foreign currencies, for periods consistent with the Company’s identified exposures. The purpose of the hedging activities is to minimize the effect of foreign exchange rate movements on costs and on the cash flows that the Company receives from foreign subsidiaries. The majority of foreign currency forward contracts are denominated in currencies of major industrial countries. The Company may also enter into foreign currency option contracts to hedge anticipated transactions where there is a high probability that anticipated exposures will materialize. The foreign currency forward contracts entered into to hedge anticipated transactions have been designated as foreign currency cash-flow hedges and have varying maturities through the end of June 2016. Hedge effectiveness of foreign currency forward contracts is based on a hypothetical derivative methodology and excludes the portion of fair value attributable to the spot-forward difference which is recorded in current-period earnings. Hedge effectiveness of foreign currency option contracts is based on a dollar offset methodology.

	The ineffective portion of both foreign currency forward and option contracts is recorded in current-period earnings. For hedge contracts that are no longer deemed highly effective, hedge accounting is discontinued and gains and losses in AOCI are reclassified to earnings when the underlying forecasted transaction occurs. If it is probable that the forecasted transaction will no longer occur, then any gains or losses in AOCI are reclassified to current-period earnings. As of June 30, 2014, the Company’s foreign currency cash-flow hedges were highly effective in all material respects. The estimated net loss as of June 30, 2014 that is expected to be reclassified from AOCI into earnings, net of tax, within the next twelve months is $6.5 million. The accumulated gain (loss) on derivative instruments in AOCI was $(12.5) million and $16.9 million as of June 30, 2014 and June 30, 2013, respectively.

	At June 30, 2014, the Company had foreign currency forward contracts in the amount of $1,597.3 million. The foreign currencies included in foreign currency forward contracts (notional value stated in U.S. dollars) are principally the British pound ($267.2 million), Euro ($239.8 million), Swiss franc ($170.4 million), Canadian dollar ($138.6 million), Australian dollar ($111.3 million), Japanese yen ($108.0 million) and Hong Kong dollar ($103.0 million).

	At June 30, 2013, the Company had foreign currency forward contracts in the amount of $1,579.6 million. The foreign currencies included in foreign currency forward contracts (notional value stated in U.S. dollars) are principally the British pound ($426.2 million), Euro ($268.8 million), Canadian dollar ($198.6 million), Swiss franc ($111.5 million), Australian dollar ($92.1 million), Thailand baht ($75.5 million) and Hong Kong dollar ($58.1 million).

	Fair-Value Hedges

The Company may enter into interest rate derivative contracts to manage the exposure to interest rate fluctuations on its funded indebtedness and anticipated issuance of debt for periods consistent with the identified exposures.

Credit Risk

As a matter of policy, the Company only enters into derivative contracts with counterparties that have a long-term credit rating of at least A- or higher by at least two nationally recognized rating agencies. The counterparties to these contracts are major financial institutions. Exposure to credit risk in the event of nonperformance by any of the counterparties is limited to the gross fair value of contracts in asset positions, which totaled $4.2 million at June 30, 2014. To manage this risk, the Company has established strict counterparty credit guidelines that are continually monitored. Accordingly, management believes risk of loss under these hedging contracts is remote.

Certain of the Company’s derivative financial instruments, with two counterparties, contain credit-risk-related contingent features. At June 30, 2014, the Company was in a net liability position for certain derivative contracts that contain such features. Such credit-risk-related contingent features would be triggered if (a) upon a merger involving the Company, the ratings of the surviving entity were materially weaker than prior to the merger or (b) the Company’s credit ratings fall below investment grade (rated below BBB-/Baa3) and the Company fails to enter into an International Swaps & Derivatives Association Credit Support Annex within 30 days of being requested by the counterparty. The fair value of collateral required to settle the instruments immediately if a triggering event were to occur is estimated at approximately the fair value of the contracts. The fair value of those contracts as of June 30, 2014 was $4.5 million. As of June 30, 2014, the Company was in compliance with such credit-risk-related contingent features.

FAIR_VALUE_MEASUREMENTS

FAIR VALUE MEASUREMENTS	12 Months Ended
	Jun. 30, 2014
FAIR VALUE MEASUREMENTS	'
FAIR VALUE MEASUREMENTS	'
	NOTE 11 – FAIR VALUE MEASUREMENTS

	The Company records its financial assets and liabilities at fair value, which is defined as the price that would be received to sell an asset or paid to transfer a liability, in the principal or most advantageous market for the asset or liability, in an orderly transaction between market participants at the measurement date. The accounting for fair value measurements must be applied to nonfinancial assets and nonfinancial liabilities, which principally consist of assets and liabilities acquired through business combinations, goodwill, indefinite-lived intangible assets and long-lived assets for the purposes of calculating potential impairment, and liabilities associated with restructuring activities. The Company is required to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. The three levels of inputs that may be used to measure fair value are as follows:

	Level 1: Inputs based on quoted market prices for identical assets or liabilities in active markets at the measurement date.

	Level 2: Observable inputs other than quoted prices included in Level 1, such as quoted prices for similar assets and liabilities in active markets; quoted prices for identical or similar assets and liabilities in markets that are not active; or other inputs that are observable or can be corroborated by observable market data.

	Level 3: Inputs reflect management’s best estimate of what market participants would use in pricing the asset or liability at the measurement date. The inputs are unobservable in the market and significant to the instrument’s valuation.

	The following table presents the Company’s hierarchy for its financial assets and liabilities measured at fair value on a recurring basis as of June 30, 2014:

	(In millions)		Level 1			Level 2			Level 3			Total
	Assets:
	Foreign currency forward contracts		$	—		$	4.2		$	—		$	4.2
	Available-for-sale securities		7.6			—			—			7.6
	Total		$	7.6		$	4.2		$	—		$	11.8

	Liabilities:
	Foreign currency forward contracts		$	—		$	19.1		$	—		$	19.1

	The following table presents the Company’s hierarchy for its financial assets and liabilities measured at fair value on a recurring basis as of June 30, 2013:

	(In millions)		Level 1			Level 2			Level 3			Total
	Assets:
	Foreign currency forward contracts		$	—		$	21.7		$	—		$	21.7
	Available-for-sale securities		6.5			—			—			6.5
	Total		$	6.5		$	21.7		$	—		$	28.2

	Liabilities:
	Foreign currency forward contracts		$	—		$	9.1		$	—		$	9.1

	The following table presents the Company’s hierarchy and impairment charges for certain of its nonfinancial assets measured at fair value on a nonrecurring basis during fiscal 2013:

	(In millions)		Impairment			Date of Carrying		Carrying Value			Level 3
			charges			Value
	Goodwill		$	9.6		April 1, 2013		$	—		$	—
	Other intangible assets, net (trademark)		8.1			April 1, 2013		—			—
	Total		$	17.7


	To determine the fair value of the Darphin reporting unit at April 1, 2013, the Company used the income approach. Under the income approach, the Company determines fair value using a discounted cash flow method, projecting future cash flows of the reporting unit. For the Darphin reporting unit, negative cash flows in future forecasted periods would not support a value in excess of carrying value at that time and therefore the Company concluded that all remaining goodwill was fully impaired.

	To determine fair value of the Darphin trademark at April 1, 2013, the Company assessed the future performance of the related reporting unit and determined that negative cash flows in future forecasted periods would not support a royalty rate for the calculation of fair value of the trademark at that time. The Company therefore concluded that the carrying value of this asset was not recoverable.

	See Note 5 – Goodwill and Other Intangible Assets for further discussion of the Company’s impairment testing.

	The following methods and assumptions were used to estimate the fair value of the Company’s other classes of financial instruments for which it is practicable to estimate that value:

	Cash and cash equivalents – The carrying amount approximates fair value, primarily because of the short maturity of cash equivalent instruments.

	Available-for-sale securities – Available-for-sale securities are generally comprised of mutual funds and are valued using quoted market prices on an active exchange. Available-for-sale securities are included in Other assets in the accompanying consolidated balance sheets.

	Note receivable – During the second quarter of fiscal 2013, the Company amended the agreement related to the August 2007 sale of Rodan + Fields (a brand then owned by the Company) to receive a fixed amount in lieu of future contingent consideration and other rights. The fair value of the receivable under the amended agreement was determined by discounting the future cash flows using an implied market rate of 6.1%. This implied market rate reflects the Company’s estimate of interest rates prevailing in the market for notes with comparable remaining maturities, the creditworthiness of the counterparty, and an assessment of the ultimate collectability of the instrument. The implied market rate is deemed to be an unobservable input and as such the Company’s note receivable is classified within Level 3 of the valuation hierarchy. An increase or decrease in the risk premium of 100 basis points would not result in a significant change to the fair value of the receivable. See Note 13 – Commitments and Contingencies for further discussion on the amended agreement.

	Foreign currency forward contracts – The fair values of the Company’s foreign currency forward contracts were determined using an industry-standard valuation model, which is based on an income approach. The significant observable inputs to the model, such as swap yield curves and currency spot and forward rates, were obtained from an independent pricing service. To determine the fair value of contracts under the model, the difference between the contract price and the current forward rate was discounted using LIBOR for contracts with maturities up to 12 months, and swap yield curves for contracts with maturities greater than 12 months.

	Current and long-term debt – The fair value of the Company’s debt was estimated based on the current rates offered to the Company for debt with the same remaining maturities. To a lesser extent, debt also includes capital lease obligations for which the carrying amount approximates the fair value. The Company’s debt is classified within Level 2 of the valuation hierarchy.

	The estimated fair values of the Company’s financial instruments are as follows:

			June 30
			2014						2013
(In millions)		Carrying			Fair			Carrying			Fair
		Amount			Value			Amount			Value
Nonderivatives
Cash and cash equivalents		$	1,629.10		$	1,629.10		$	1,495.70		$	1,495.70
Available-for-sale securities		7.6			7.6			6.5			6.5
Note receivable		8.4			8.5			16.8			16.9
Current and long-term debt		1,343.10			1,428.30			1,344.30			1,387.80

Derivatives
Foreign currency forward contracts – asset (liability)		(14.9		)	(14.9		)	12.6			12.6

PENSION_DEFERRED_COMPENSATION_

PENSION, DEFERRED COMPENSATION AND POST-RETIREMENT BENEFIT PLANS	12 Months Ended
	Jun. 30, 2014
PENSION, DEFERRED COMPENSATION AND POST-RETIREMENT BENEFIT PLANS	'
PENSION, DEFERRED COMPENSATION AND POST-RETIREMENT BENEFIT PLANS	'
	NOTE 12 – PENSION, DEFERRED COMPENSATION AND POST-RETIREMENT BENEFIT PLANS

	The Company maintains pension plans covering substantially all of its full-time employees for its U.S. operations and a majority of its international operations. Several plans provide pension benefits based primarily on years of service and employees’ earnings. In certain instances, the Company adjusts benefits in connection with international employee transfers.

	Retirement Growth Account Plan (U.S.)

	The Retirement Growth Account Plan is a trust-based, noncontributory qualified defined benefit pension plan. The Company’s funding policy consists of contributions at a rate that provides for future plan benefits and maintains appropriate funded percentages. Such contribution is not less than the minimum required by the Employee Retirement Income Security Act of 1974 (“ERISA”), as amended, and subsequent pension legislation and is not more than the maximum amount deductible for income tax purposes.

	Restoration Plan (U.S.)

	The Company also has an unfunded, non-qualified domestic noncontributory pension Restoration Plan to provide benefits in excess of Internal Revenue Code limitations.

	International Pension Plans

	The Company maintains international pension plans, the most significant of which are defined benefit pension plans. The Company’s funding policies for these plans are determined by local laws and regulations. The Company’s most significant defined benefit pension obligations are included in the plan summaries below.

	Post-retirement Benefit Plans

	The Company maintains a domestic post-retirement benefit plan which provides certain medical and dental benefits to eligible employees. Employees hired after January 1, 2002 are not eligible for retiree medical benefits when they retire. Certain retired employees who are receiving monthly pension benefits are eligible for participation in the plan. Contributions required and benefits received by retirees and eligible family members are dependent on the age of the retiree. It is the Company’s practice to fund these benefits as incurred and to provide discretionary funding for the future liability up to the maximum amount deductible for income tax purposes.

	Certain of the Company’s international subsidiaries and affiliates have post-retirement plans, although most participants are covered by government-sponsored or administered programs.

	Plan Summaries

	The significant components of the above mentioned plans as of and for the years ended June 30 are summarized as follows:

			Pension Plans												Other than
			Pension Plans												Pension Plans
			U.S.						International						Post-retirement
	(In millions)		2014			2013			2014			2013			2014			2013
	Change in benefit obligation:
	Benefit obligation at beginning of year		$	676		$	706.1		$	508.6		$	483.4		$	169.7		$	201.1
	Service cost		31.6			33.8			24.8			24			3.4			4.3
	Interest cost		31.2			26.6			19.1			17.9			8			7.8
	Plan participant contributions		—			—			3.5			3			0.8			0.9
	Actuarial loss (gain)		51.4			(61.1		)	41.4			14.1			12.3			(36.2		)
	Foreign currency exchange rate impact		—			—			34.9			(8.7		)	(0.5		)	(1.0		)
	Benefits, expenses, taxes and premiums paid		(36.8		)	(29.4		)	(21.5		)	(23.3		)	(7.0		)	(7.2		)
	Plan amendments		1.8			—			(8.5		)	—			—			—
	Settlements and curtailments		—			—			(3.6		)	(4.0		)	—			—
	Special termination benefits		—			—			—			2.2			—			—
	Benefit obligation at end of year		$	755.2		$	676		$	598.7		$	508.6		$	186.7		$	169.7

	Change in plan assets:
	Fair value of plan assets at beginning of year		$	659.7		$	645.6		$	438.6		$	415.3		$	27.7		$	26
	Actual return on plan assets		92.9			37.4			35.7			36.9			4			1.7
	Foreign currency exchange rate impact		—			—			33.1			(15.4		)	—			—
	Employer contributions		7.2			6.1			27.9			25.9			6.2			6.3
	Plan participant contributions		—			—			3.5			3			0.8			0.9
	Settlements		—			—			(3.6		)	(3.8		)	—			—
	Benefits, expenses, taxes and premiums paid from plan assets		(36.8		)	(29.4		)	(21.5		)	(23.3		)	(7.0		)	(7.2		)
	Fair value of plan assets at end of year		$	723		$	659.7		$	513.7		$	438.6		$	31.7		$	27.7

	Funded status		$	(32.2	)	$	(16.3	)	$	(85.0	)	$	(70.0	)	$	(155.0	)	$	(142.0	)

	Amounts recognized in the Balance Sheet consist of:
	Other assets		$	79.5		$	94		$	55.7		$	50		$	—		$	—
	Other accrued liabilities		(14.1		)	(11.9		)	(6.6		)	(5.2		)	(6.2		)	(6.0		)
	Other noncurrent liabilities		(97.6		)	(98.4		)	(134.1		)	(114.8		)	(148.8		)	(136.0		)
	Funded status		(32.2		)	(16.3		)	(85.0		)	(70.0		)	(155.0		)	(142.0		)
	Accumulated other comprehensive loss		149.8			150.8			153.5			138			34.9			26.2
	Net amount recognized		$	117.6		$	134.5		$	68.5		$	68		$	(120.1	)	$	(115.8	)

		Pension Plans																		Other than
		Pension Plans																		Pension Plans
		U.S.									International									Post-retirement
($ in millions)		2014			2013			2012			2014			2013			2012			2014			2013			2012
Components of net periodic benefit cost:
Service cost, net		$	31.6		$	33.8		$	27.7		$	24.8		$	24		$	22.3		$	3.4		$	4.3		$	3.8
Interest cost		31.2			26.6			29.8			19.1			17.9			18.8			8			7.8			8.6
Expected return on assets		(46.8		)	(45.2		)	(38.9		)	(20.8		)	(19.2		)	(21.1		)	(2.0		)	(2.0		)	(1.2		)
Amortization of:
Actuarial loss (gain)		7.4			14.5			7.9			9.2			9.3			4.9			0.8			4.4			1.9
Prior service cost		0.7			0.7			0.7			2.9			2.8			3.3			0.8			0.8			0.3
Transition (asset) obligation		—			—			—			—			(0.1		)	—			—			—			—
Settlements		—			—			—			0.6			0.7			(0.3		)	—			—			—
Curtailments			—			—			—			—			(0.2	)		—			—			—			—
Special termination benefits			—			—			—			—			2.2			—			—			—			—
Net periodic benefit cost		$	24.1		$	30.4		$	27.2		$	35.8		$	37.4		$	27.9		$	11		$	15.3		$	13.4

Weighted-average assumptions used to determine benefit obligations at June 30:
Discount rate		3.60 –			4.30 –			3.9		%	.50 –			1.00 –			1.00 –			4.10 –			4.75 –			3.70 –
		4.3		%	4.9		%				6.75		%	7.25		%	7		%	9		%	8.75		%	8.65		%

Rate of compensation		3.00 –			4.00 –			4.00 –			1.00 –			1.00 –			1.00 –			N/A			N/A			N/A
Increase		7		%	12		%	12		%	5.5		%	5.5		%	6		%

Weighted-average assumptions used to determine net periodic benefit cost for the year ended June 30:
Discount rate		4.30 –			3.9		%	5.4		%	1.00 –			1.00 –			1.25 –			4.75 –			3.70 –			5.40 –
		4.9		%							7.25		%	7		%	8.25		%	8.75		%	8.65		%	8.75		%

Expected return on assets		7.5		%	7.5		%	7.75		%	2.25 –			2.25 –			2.00 –			7.5		%	7.5		%	7.75		%
											7.25		%	7		%	8.25		%

Rate of compensation		4.00 –			4.00 –			4.00 –			1.00 –			1.00 –			2.00 –			N/A			N/A			N/A
Increase		12		%	12		%	12		%	5.5		%	6		%	6		%

The discount rate for each plan used for determining future net periodic benefit cost is based on a review of highly rated long-term bonds. The discount rate for the Company’s Domestic Plans is based on a bond portfolio that includes only long-term bonds with an Aa rating, or equivalent, from a major rating agency. The Company used an above-mean yield curve which represents an estimate of the effective settlement rate of the obligation, and the timing and amount of cash flows related to the bonds included in this portfolio are expected to match the estimated defined benefit payment streams of the Company’s Domestic Plans. For the Company’s international plans, the discount rate in a particular country was principally determined based on a yield curve constructed from high quality corporate bonds in each country, with the resulting portfolio having a duration matching that particular plan. In determining the long-term rate of return for a plan, the Company considers the historical rates of return, the nature of the plan’s investments and an expectation for the plan’s investment strategies.

Assumed health care cost trend rates have a significant effect on the amounts reported for the health care plans. The assumed weighted-average health care cost trend rate for the coming year is 7.10% while the weighted-average ultimate trend rate of 4.54% is expected to be reached in approximately 14 years. A one-percentage-point change in assumed health care cost trend rates for fiscal 2014 would have had the following effects:

(In millions)		One-Percentage-Point			One-Percentage-Point
(In millions)		Increase			Decrease

Effect on total service and interest costs		$	1.3		$	(1.1	)
Effect on post-retirement benefit obligations		$	13.9		$	(12.1	)

Amounts recognized in AOCI (before tax) as of June 30, 2014 are as follows:

		Pension Plans						Other than
		Pension Plans						Pension Plans
(In millions)		U.S.			International			Post-retirement			Total

Net actuarial (gains) losses, beginning of year		$	147.8		$	123.3		$	22.1		$	293.2
Actuarial (gains) losses recognized		5.3			26.5			10.3			42.1
Amortization of amounts included in net periodic benefit cost		(7.4		)	(9.8		)	(0.8		)	(18.0		)
Translation adjustments		—			8.2			—			8.2
Net actuarial (gains) losses, end of year		145.7			148.2			31.6			325.5

Net prior service cost (credit), beginning of year		3			14.7			4.1			21.8
Prior service cost (credit) recognized		1.8			(8.5		)	—			(6.7		)
Amortization of amounts included in net periodic benefit cost		(0.7		)	(2.9		)	(0.8		)	(4.4		)
Translation adjustments		—			2			—			2
Net prior service cost (credit), end of year		4.1			5.3			3.3			12.7

Total amounts recognized in AOCI		$	149.8		$	153.5		$	34.9		$	338.2

Amounts in AOCI expected to be amortized as components of net periodic benefit cost during fiscal 2015 are as follows:

		Pension Plans						Other than
		Pension Plans						Pension Plans
(In millions)		U.S.			International			Post-retirement

Prior service cost		$	0.6		$	2.2		$	0.8
Net actuarial loss		$	9.8		$	11.6		$	1.5

The projected benefit obligation, accumulated benefit obligation and fair value of plan assets for the Company’s pension plans at June 30 are as follows:

		Pension Plans
		Retirement Growth						Restoration						International
		Account						Restoration						International
(In millions)		2014			2013			2014			2013			2014			2013

Projected benefit obligation		$	643.5		$	565.7		$	111.7		$	110.3		$	598.7		$	508.6
Accumulated benefit obligation		$	598.4		$	505.4		$	97		$	86.1		$	531.4		$	445.5
Fair value of plan assets		$	723		$	659.7		$	—		$	—		$	513.7		$	438.6

International pension plans with projected benefit obligations in excess of the plans’ assets had aggregate projected benefit obligations of $270.7 million and $262.2 million and aggregate fair value of plan assets of $129.9 million and $142.2 million at June 30, 2014 and 2013, respectively. International pension plans with accumulated benefit obligations in excess of the plans’ assets had aggregate accumulated benefit obligations of $199.1 million and $165.1 million and aggregate fair value of plan assets of $89.2 million and $73.6 million at June 30, 2014 and 2013, respectively.

The expected cash flows for the Company’s pension and post-retirement plans are as follows:

		Pension Plans						Other than
		Pension Plans						Pension Plans
(In millions)		U.S.			International			Post-retirement

Expected employer contributions for year ending June 30, 2015		$	—		$	24		$	—
Expected benefit payments for year ending June 30,
2015		61.2			23.3			6.3
2016		59.7			20.5			7
2017		55.9			21.6			7.8
2018		52.7			22.2			8.5
2019		54.6			21.4			9.3
Years 2020 – 2024		291.1			140.6			59.5


Plan Assets

The Company’s investment strategy for its pension and post-retirement plan assets is to maintain a diversified portfolio of asset classes with the primary goal of meeting long-term cash requirements as they become due. Assets are primarily invested in diversified funds that hold equity or debt securities to maintain the security of the funds while maximizing the returns within each plan’s investment policy. The investment policy for each plan specifies the type of investment vehicles appropriate for the plan, asset allocation guidelines, criteria for selection of investment managers, procedures to monitor overall investment performance, as well as investment manager performance.

The Company’s target asset allocation at June 30, 2014 is as follows:

		Pension Plans				Other than
		Pension Plans				Pension Plans
		U.S.		International		Post-retirement

Equity		30	%	22	%	30	%
Debt securities		39	%	47	%	39	%
Other		31	%	31	%	31	%
		100	%	100	%	100	%

The following is a description of the valuation methodologies used for plan assets measured at fair value:

Short-term investment funds - The fair value is determined using the Net Asset Value (“NAV”) provided by the administrator of the fund. The NAV is based on the value of the underlying assets owned by the fund, minus its liabilities, and then divided by the number of shares outstanding. The NAV is a quoted price in a market that is not active and is primarily classified as Level 2. When quoted in an active market, these investments are classified within Level 1 of the valuation hierarchy.

Government and agency securities - When quoted prices are available in an active market, the investments are classified as Level 1. When quoted market prices are not available in an active market, these investments are classified as Level 2.

Equity securities - The fair values reflect the closing price reported on a major market where the individual securities are traded. These investments are classified within Level 1 of the valuation hierarchy.

Debt instruments - The fair values are based on a compilation of primarily observable market information or a broker quote in a non-active market. These investments are primarily classified within Level 2 of the valuation hierarchy.

Commingled funds - The fair values are determined using NAV provided by the administrator of the fund. The NAV is based on the value of the underlying assets owned by the trust/entity, minus its liabilities, and then divided by the number of shares outstanding. When quoted in an active market, these investments are classified within Level 1 of the valuation hierarchy. When the market is not active, these investments are generally classified within Level 2. When the market is not active and some inputs are unobservable, these investments are generally classified within Level 3.

Insurance contracts - These instruments are issued by insurance companies. The fair value is based on negotiated value and the underlying investment held in separate account portfolios as well as considering the creditworthiness of the issuer. The underlying investments are primarily government, asset-backed and fixed income securities. Insurance contracts are generally classified as Level 3 as there are no quoted prices nor other observable inputs for pricing.

Interests in limited partnerships and hedge fund investments - Certain investments are valued using the NAV provided by the administrator of the partnership/fund. The NAV is based on the value of the underlying assets owned by the partnership/fund, minus its liabilities, and then divided by the number of shares outstanding. These investments were classified within Level 2 and Level 3 of the valuation hierarchy. The fair value of all other investments are determined by the fund managers based on the estimated value of the various holdings of the fund portfolio. These investments are classified within Level 3 of the valuation hierarchy and have redemption restrictions.

The following table presents the fair values of the Company’s pension and post-retirement plan assets by asset category as of June 30, 2014:

(In millions)		Level 1			Level 2			Level 3			Total

Short-term investment funds		$	22.4		$	28		$	—		$	50.4
Government and agency securities		—			39.7			—			39.7
Equity securities		44.1			—			—			44.1
Debt instruments		—			173.8			—			173.8
Commingled funds		251.2			504.4			34.5			790.1
Insurance contracts		—			—			51.2			51.2
Limited partnerships and hedge fund investments		—			52.2			67			119.2
Total		$	317.7		$	798.1		$	152.7		$	1,268.50

The following table presents the fair values of the Company’s pension and post-retirement plan assets by asset category as of June 30, 2013:

(In millions)		Level 1			Level 2			Level 3			Total

Short-term investment funds		$	28.9		$	27.6		$	—		$	56.5
Government and agency securities		—			16.9			—			16.9
Equity securities		—			125.6			—			125.6
Debt instruments		94.4			—			—			94.4
Commingled funds		248.6			394.6			36.6			679.8
Insurance contracts		—			—			43.6			43.6
Limited partnerships and hedge fund investments		—			—			109.2			109.2
Total		$	371.9		$	564.7		$	189.4		$	1,126.00

The following table presents the changes in Level 3 plan assets for fiscal 2014:

(In millions)		Commingled			Insurance			Limited			Total
		Funds			Contracts			Partnerships and
								Hedge Fund
								Investments

Balance as of June 30, 2013		$	36.6		$	43.6		$	109.2		$	189.4
Actual return on plan assets:
Relating to assets still held at the reporting date		(1.4		)	3			4.7			6.3
Relating to assets sold during the year		(0.3		)	—			—			(0.3		)
Transfers in (out)		—			—			(46.9		)	(46.9		)
Purchases, sales, issuances and settlements, net		(4.4		)	2.6			—			(1.8		)
Foreign exchange impact		4			2			—			6
Balance as of June 30, 2014		$	34.5		$	51.2		$	67		$	152.7

401(k) Savings Plan (U.S.)

The Company’s 401(k) Savings Plan (“Savings Plan”) is a contributory defined contribution plan covering substantially all regular U.S. employees who have completed the hours and service requirements, as defined by the plan document. Regular full-time employees are eligible to participate in the Savings Plan thirty days following their date of hire. The Savings Plan is subject to the applicable provisions of ERISA. The Company matches a portion of the participant’s contributions after one year of service under a predetermined formula based on the participant’s contribution level. The Company’s contributions were $33.3 million, $25.1 million and $23.6 million for fiscal 2014, 2013 and 2012, respectively. Shares of the Company’s Class A Common Stock are not an investment option in the Savings Plan and the Company does not use such shares to match participants’ contributions.

Deferred Compensation

The Company accrues for deferred compensation and interest thereon, and for the increase in the value of share units pursuant to agreements with certain key executives and outside directors. The amounts included in the accompanying consolidated balance sheets under these plans were $69.0 million and $72.1 million as of June 30, 2014 and 2013, respectively. The expense for fiscal 2014, 2013 and 2012 was $10.6 million, $12.2 million and $8.4 million, respectively.

COMMITMENTS_AND_CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	12 Months Ended
	Jun. 30, 2014
COMMITMENTS AND CONTINGENCIES	'
COMMITMENTS AND CONTINGENCIES	'
	NOTE 13 – COMMITMENTS AND CONTINGENCIES

	Contractual Obligations

	The following table summarizes scheduled maturities of the Company’s contractual obligations for which cash flows are fixed and determinable as of June 30, 2014:

				Payments Due in Fiscal
	(In millions)	Total		2015		2016			2017			2018		2019		Thereafter

	Debt service (1)	$	2,330.60	$	79.7	$	68		$		364.8	$	44.7	$	44.6	$	1,728.80
	Operating lease commitments (2)	2,010.60		291.7		274			240.5			215.9		190.6		797.9
	Unconditional purchase obligations (3)	2,280.10		1,091.60		437.3			430.5			243.7		37.8		39.2
	Gross unrecognized tax benefits and interest – current (4)	1.1		1.1		—			—			—		—		—
	Total contractual obligations	$	6,622.40	$	1,464.10	$		779.3	$	1,035.80		$	504.3	$	273	$	2,565.90


	(1) Includes long-term and current debt and the related projected interest costs, and to a lesser extent, capital lease commitments. Interest costs on long-term and current debt are projected to be $61.3 million in each of the years from fiscal 2015 through fiscal 2017, $44.6 million in fiscal 2018 and fiscal 2019 and $728.7 million thereafter. Projected interest costs on variable rate instruments were calculated using market rates at June 30, 2014. Refer to Note 9 – Debt.

	(2) Minimum operating lease commitments only include base rent. Certain leases provide for contingent rents that are not measurable at inception and primarily include rents based on a percentage of sales in excess of stipulated levels, as well as common area maintenance. These amounts are excluded from minimum operating lease commitments and are included in the determination of total rent expense when it is probable that the expense has been incurred and the amount is reasonably measurable. Such amounts have not been material to total rent expense. Total rental expense included in the accompanying consolidated statements of earnings was $356.1 million, $332.4 million and $304.9 million in fiscal 2014, 2013 and 2012, respectively.

	(3) Unconditional purchase obligations primarily include inventory commitments, estimated future earn-out payments, estimated royalty payments pursuant to license agreements, advertising commitments, capital improvement commitments, planned funding of pension and other post-retirement benefit obligations, commitments pursuant to executive compensation arrangements, obligations related to the Company’s cost savings initiatives and acquisitions. Future earn-out payments and future royalty and advertising commitments were estimated based on planned future sales for the term that was in effect at June 30, 2014, without consideration for potential renewal periods.

	(4) Refer to Note 7 – Income Taxes for information regarding unrecognized tax benefits. As of June 30, 2014, the noncurrent portion of the Company’s unrecognized tax benefits, including related accrued interest and penalties was $69.5 million. At this time, the settlement period for the noncurrent portion of the unrecognized tax benefits, including related accrued interest and penalties, cannot be determined and therefore was not included.

	Legal Proceedings

	The Company is involved, from time to time, in litigation and other legal proceedings incidental to its business. Management believes that the outcome of current litigation and legal proceedings will not have a material adverse effect upon the Company’s results of operations, financial condition or cash flows. However, management’s assessment of the Company’s current litigation and other legal proceedings could change in light of the discovery of facts with respect to legal actions or other proceedings pending against the Company, not presently known to the Company or determinations by judges, juries or other finders of fact which are not in accord with management’s evaluation of the possible liability or outcome of such litigation or proceedings. Except as disclosed below, reasonably possible losses in addition to the amounts accrued for litigation and other legal proceedings are not material to the Company’s consolidated financial statements.

	During the fiscal 2007 fourth quarter, the former owner of the Darphin brand initiated litigation in the Paris Commercial Court against the Company and one of its subsidiaries seeking to recover €60.0 million ($81.9 million at the exchange rate at June 30, 2014) that he claims he was owed as additional consideration for the sale of Darphin to the Company in April 2003. On December 23, 2011, the Paris Commercial Court issued its judgment, awarding the former owner €22.9 million ($31.3 million at the exchange rate at June 30, 2014) plus interest from 2007. The Company has filed its appeal with the Paris Court of Appeal and oral arguments for the appeal took place in June 2014. A decision is expected to be rendered during September 2014. In accordance with the judgment, in January 2012, the Company paid €25.3 million ($34.5 million at the exchange rate at June 30, 2014) to the former owner and received from him a bank guarantee to assure repayment to the Company of such sum (or any part thereof) in the event that the judgment is reversed by the Paris Court of Appeal. Based upon its assessment of the case, as well as the advice of external counsel, the Company is maintaining the amount it previously accrued as an amount that it believes will ultimately be paid based on the probable outcome of the appeal. Such amount is less than the Paris Commercial Court’s award.

	Other Income

	During the fiscal 2013 second quarter, the Company amended the agreement related to the August 2007 sale of Rodan + Fields (a brand then owned by the Company) to receive a fixed amount in lieu of future contingent consideration and other rights. Prior to this amendment, the Company earned and recognized $1.8 million during the three months ended September 30, 2012 as contingent consideration in accordance with the original terms of the agreement, of which $0.7 million was received. The remaining $1.1 million of unpaid consideration was included under the amended agreement, whereas the Company is to receive a principal amount of $22.8 million. As of June 30, 2014, the Company received $14.4 million of the principal amount. The remaining $8.4 million principal amount that was due on March 31, 2015, and is included in Prepaid expenses and other current assets in the accompanying consolidated balance sheet as of June 30, 2014, was received in August 2014. As a result of the original and amended terms of this agreement, the Company recognized $23.1 million as other income in the consolidated statement of earnings during fiscal 2013.

	In November 2011, the Company settled a commercial dispute with third parties that was outside its normal operations. In connection therewith, the Company received a $10.5 million cash payment, which has been classified as other income in its consolidated statement of earnings during fiscal 2012.

COMMON_STOCK

COMMON STOCK	12 Months Ended
COMMON STOCK	Jun. 30, 2014
COMMON STOCK	'
COMMON STOCK	'
	NOTE 14 – COMMON STOCK

	As of June 30, 2014, the Company’s authorized common stock consists of 1,300 million shares of Class A Common Stock, par value $.01 per share, and 304 million shares of Class B Common Stock, par value $.01 per share. Class B Common Stock is convertible into Class A Common Stock, in whole or in part, at any time and from time to time at the option of the holder, on the basis of one share of Class A Common Stock for each share of Class B Common Stock converted. Holders of the Company’s Class A Common Stock are entitled to one vote per share and holders of the Company’s Class B Common Stock are entitled to ten votes per share.

	Information about the Company’s common stock outstanding is as follows:

	(Shares in thousands)	Class A			Class B
	Balance at June 30, 2011	242,598.90			151,964.10
	Acquisition of treasury stock	(11,980.2	)		—
	Conversion of Class B to Class A	186			(186.0	)
	Stock-based compensation	6,314.80			—
	Balance at June 30, 2012	237,119.50			151,778.10
	Acquisition of treasury stock	(6,718.8	)		—
	Conversion of Class B to Class A	2,800.00			(2,800.0	)
	Stock-based compensation	5,815.50			—
	Balance at June 30, 2013	239,016.20			148,978.10
	Acquisition of treasury stock	(9,602.2	)		—
	Conversion of Class B to Class A	250			(250.0	)
	Stock-based compensation	4,492.40			—
	Balance at June 30, 2014	234,156.40			148,728.10

	The Company is authorized by the Board of Directors to repurchase up to 216.0 million shares of Class A Common Stock in the open market or in privately negotiated transactions, depending on market conditions and other factors. As of June 30, 2014, the cumulative total of acquired shares pursuant to the authorization was 175.9 million, reducing the remaining authorized share repurchase balance to 40.1 million. Subsequent to June 30, 2014 and as of August 14, 2014, the Company purchased approximately 1.7 million additional shares of Class A Common Stock for $130.7 million pursuant to its share repurchase program.

	The Company transitioned to a quarterly dividend payout schedule for its Class A and Class B Common Stock beginning in the fiscal 2013 third quarter.

	The following is a summary of cash dividends declared per share on the Company’s Class A and Class B Common Stock during the year ended June 30, 2014:

	Date Declared	Record Date		Payable Date		Amount per Share

	August 14, 2013	August 30, 2013		September 16, 2013		$0.18
	October 30, 2013	November 29, 2013		December 16, 2013		$0.20
	February 4, 2014	February 28, 2014		March 17, 2014		$0.20
	May 1, 2014	May 30, 2014		June 16, 2014		$0.20

	On August 14, 2014, a dividend was declared in the amount of $.20 per share on the Company’s Class A and Class B Common Stock. The dividend is payable in cash on September 15, 2014 to stockholders of record at the close of business on August 29, 2014.

STOCK_PROGRAMS

STOCK PROGRAMS	12 Months Ended
STOCK PROGRAMS	Jun. 30, 2014
STOCK PROGRAMS	'
STOCK PROGRAMS	'
	NOTE 15 – STOCK PROGRAMS

	As of June 30, 2014, the Company has two active equity compensation plans which include the Amended and Restated Fiscal 2002 Share Incentive Plan (the “Fiscal 2002 Plan”) and the Non-Employee Director Share Incentive Plan (collectively, the “Plans”). These Plans currently provide for the issuance of 66,206,200 shares of Class A Common Stock, which consist of shares originally provided for and shares transferred to the Fiscal 2002 Plan from other inactive plans and employment agreements, to be granted in the form of stock-based awards to key employees, consultants and non-employee directors of the Company. As of June 30, 2014, approximately 14,893,900 shares of Class A Common Stock were reserved and available to be granted pursuant to these Plans. The Company may satisfy the obligation of its stock-based compensation awards with either new or treasury shares. The Company’s equity compensation awards include stock options, performance share units (“PSU”), restricted stock units (“RSU”), performance share units based on total stockholder return, market share units (“MSU”) and share units.

	Total stock-based compensation expense is attributable to the granting of, and the remaining requisite service periods of stock options, PSUs, RSUs, PSUs based on total stockholder return, MSUs and share units. Stock-based compensation expense and related income tax benefits are as follows:

			Year Ended June 30
	(In millions)		2014			2013			2012
	Compensation expense		$	152.6		$	145.8		$	124.7
	Income tax benefit		50.2			47.6			41.1


	As of June 30, 2014, the total unrecognized compensation cost related to nonvested stock-based awards was $101.8 million and the related weighted-average period over which it is expected to be recognized is approximately 2 years.

	Stock Options

	A summary of the Company’s stock option programs as of June 30, 2014 and changes during the fiscal year then ended, is presented below:
	(Shares in thousands)		Shares		Weighted-			Aggregate			Weighted-Average
					Average			Intrinsic			Contractual Life
					Exercise			Value(1)			Remaining in
					Price Per			(in millions)			Years
					Share

	Outstanding at June 30, 2013		15,071.40		$	36.6
	Granted at fair value		1,864.90		67.42
	Exercised		(2,695.4	)	31.49
	Expired		(16.7	)	42.73
	Forfeited		(96.4	)	54.8
	Outstanding at June 30, 2014		14,127.80		41.51			$	462.7		6.5

	Vested and expected to vest at June 30, 2014		14,000.70		41.32			$	461.2		6.5

	Exercisable at June 30, 2014		9,248.20		31.77			$	393		5.6


	(1) The intrinsic value of a stock option is the amount by which the market value of the underlying stock exceeds the exercise price of the option.

	The exercise period for all stock options generally may not exceed ten years from the date of grant. Stock option grants to individuals generally become exercisable in three substantively equal tranches over a service period of up to four years. The Company attributes the value of option awards on a straight-line basis over the requisite service period for each separately vesting portion of the award as if the award was, in substance, multiple awards.

	The following is a summary of the per-share weighted-average grant date fair value of stock options granted and total intrinsic value of stock options exercised:

			Year Ended June 30
	(In millions, except per share data)		2014			2013			2012
	Per-share weighted-average grant date fair value of stock options granted		$	23.13		$	20.3		$	17.41

	Intrinsic value of stock options exercised		$	104.7		$	145.8		$	154

	The fair value of each option grant was estimated on the date of grant using the Black-Scholes option-pricing model with the following assumptions:

			Year Ended June 30
			2014		2013		2012
	Weighted-average expected stock-price volatility		33%		34%		35%
	Weighted-average expected option life		7 years		8 years		8 years
	Average risk-free interest rate		2.50%		1.20%		1.70%
	Average dividend yield		1.10%		1.00%		1.00%

	The Company uses a weighted-average expected stock-price volatility assumption that is a combination of both current and historical implied volatilities of the underlying stock. The implied volatilities were obtained from publicly available data sources. For the weighted-average expected option life assumption, the Company considers the exercise behavior of past grants and models the pattern of aggregate exercises. The average risk-free interest rate is based on the U.S. Treasury strip rate for the expected term of the options and the average dividend yield is based on historical experience.

	Performance Share Units

	During fiscal 2014, the Company granted approximately 291,000 PSUs, which will be settled in stock subject to the achievement of the Company’s net sales, diluted net earnings per common share and return on invested capital goals for the three fiscal years ending June 30, 2016, all subject to the continued employment or retirement of the grantees. Settlement will be made pursuant to a range of opportunities relative to the net sales, diluted net earnings per common share and return on invested capital targets of the Company and, as such, the compensation cost of the PSU is subject to adjustment based upon the attainability of these target goals. No settlement will occur for results below the applicable minimum threshold of a target and additional shares shall be issued if performance exceeds the targeted performance goals. Certain PSUs are accompanied by dividend equivalent rights that will be payable in cash upon settlement of the PSU. Other PSUs granted in fiscal 2014 are not accompanied by dividend equivalent rights and, as such, were valued at the closing market value of the Company’s Class A Common Stock on the date of grant less the discounted present value of the dividends expected to be paid on the shares during the vesting period. These awards are subject to the provisions of the agreement under which the PSUs are granted. The PSUs were valued at the closing market value of the Company’s Class A Common Stock on the date of grant and generally vest at the end of the performance period. Approximately 376,500 shares of Class A Common Stock are anticipated to be issued, relative to the target goals set at the time of issuance, in settlement of the 259,700 PSUs that vested as of June 30, 2014. In September 2013, approximately 548,800 shares of the Company’s Class A Common Stock were issued and related accrued dividends were paid, relative to the target goals set at the time of issuance, in settlement of 365,900 PSUs which vested as of June 30, 2013.

	The following is a summary of the status of the Company’s PSUs as of June 30, 2014 and activity during the fiscal year then ended:

				Weighted-Average
				Grant Date
(Shares in thousands)		Shares		Fair Value Per Share
Nonvested at June 30, 2013		510.9		$	53.73
Granted		291		67.38
Vested		(259.7	)	48.57
Forfeited		(3.6	)	63.17
Nonvested at June 30, 2014		538.6		63.53


Restricted Stock Units

The Company granted approximately 1,313,100 RSUs during fiscal 2014 which, at the time of grant, were scheduled to vest as follows: 300 in fiscal 2014, 478,400 in fiscal 2015, 494,600 in fiscal 2016, 336,800 in fiscal 2017 and 3,000 in fiscal 2018. All RSUs are subject to the continued employment or retirement of the grantees. Certain RSUs granted in fiscal 2014 are accompanied by dividend equivalent rights that will be payable in cash upon settlement of the RSU and, as such, were valued at the closing market value of the Company’s Class A Common Stock on the date of grant. Other RSUs granted in fiscal 2014 are not accompanied by dividend equivalent rights and, as such, were valued at the closing market value of the Company’s Class A Common Stock on the date of grant less the discounted present value of the dividends expected to be paid on the shares during the vesting period.

The following is a summary of the status of the Company’s RSUs as of June 30, 2014 and activity during the fiscal year then ended:

				Weighted-Average
				Grant Date
(Shares in thousands)		Shares		Fair Value Per Share
Nonvested at June 30, 2013		2,222.80		$	52.68
Granted		1,313.10		66.05
Vested		(1,248.3	)	49.39
Forfeited		(65.5	)	59.91
Nonvested at June 30, 2014		2,222.10		62.21


Performance Share Units Based on Total Stockholder Return

During fiscal 2013, the Company granted PSUs to an executive of the Company with an aggregate target payout of 162,760 shares of the Company’s Class A Common Stock, subject to continued employment through the end of the relative performance periods, which end June 30, 2015, 2016 and 2017. Such PSUs will be settled based upon the Company’s relative total stockholder return (“TSR”) over the relevant performance period as compared to companies in the S&P 500 on July 1, 2012. No settlement will occur if the Company’s TSR falls below a minimum threshold, and up to an aggregate of 260,416 shares of the Company’s Class A Common Stock will be issued depending on the extent to which the Company’s TSR equals or exceeds the minimum threshold. The PSUs are accompanied by dividend equivalent rights that will be payable in cash upon settlement of the PSUs.

The grant date fair value of the PSUs of $11.0 million was estimated using a lattice model with a Monte Carlo simulation and the following assumptions for each performance period, respectively: contractual life of 33, 45 and 57 months, average risk-free interest rate of 0.3%, 0.5% and 0.7% and a dividend yield of 1.0%. Using the historical stock prices and dividends from public sources, the Company estimated the covariance structure of the returns on S&P 500 stocks. The volatility for the Company’s stock produced by this estimation was 32%. The average risk-free interest rate is based on the U.S. Treasury strip rates over the contractual term of the grant and the dividend yield is based on historical experience.

Market Share Unit

During fiscal 2014, the Company had one outstanding market share unit, which vested on June 30, 2014. The market share unit had a grant date fair value of $10.6 million that was estimated using a lattice model with a Monte Carlo simulation and the following assumptions: contractual life of 41 months, a weighted-average expected volatility of 29%, a weighted-average risk-free interest rate of 1.6% and a weighted-average dividend yield of 1.0%. The Company used an expected stock-price volatility assumption that is a combination of both current and historical implied volatilities from options on the underlying stock. The implied volatilities were obtained from publicly available data sources. The expected life was equal to the contractual term of the grant. The average risk-free interest rate was based on the U.S. Treasury strip rates over the contractual term of the grant and the average dividend yield was based on historical experience. In accordance with the terms of the grant, the maximum award of 320,000 shares of the Company’s Class A Common Stock are anticipated to be issued, and related dividends to be paid, based upon the average closing stock price per share of the Company’s Class A Common Stock on the New York Stock Exchange during the last 20 trading days ending on June 30, 2014.

Share Units

The Company grants share units to certain non-employee directors under the Non-Employee Director Share Incentive Plan. The share units are convertible into shares of the Company’s Class A Common Stock as provided for in that plan. Share units are accompanied by dividend equivalent rights that are converted to additional share units when such dividends are declared.

The following is a summary of the status of the Company’s share units as of June 30, 2014 and activity during the fiscal year then ended:

				Weighted-Average
				Grant Date
(Shares in thousands)		Shares		Fair Value Per Share
Outstanding at June 30, 2013		87.3		$	33.27
Granted		10.5		70.68
Dividend equivalents		1		72.54
Converted		—		—
Outstanding at June 30, 2014		98.8		37.67


Cash Units

Certain non-employee directors defer cash compensation in the form of cash payout share units, which are not subject to the Plans. These share units are classified as liabilities and, as such, their fair value is adjusted to reflect the current market value of the Company’s Class A Common Stock. The Company recorded $2.4 million, $3.0 million and $0.8 million as compensation expense to reflect additional deferrals and the change in the market value for fiscal 2014, 2013 and 2012, respectively.

NET_EARNINGS_ATTRIBUTABLE_TO_T

NET EARNINGS ATTRIBUTABLE TO THE ESTEE LAUDER COMPANIES INC. PER COMMON SHARE	12 Months Ended
	Jun. 30, 2014
NET EARNINGS ATTRIBUTABLE TO THE ESTEE LAUDER COMPANIES INC. PER COMMON SHARE	'
NET EARNINGS ATTRIBUTABLE TO THE ESTEE LAUDER COMPANIES INC. PER COMMON SHARE	'
	NOTE 16 – NET EARNINGS ATTRIBUTABLE TO THE ESTÉE LAUDER COMPANIES INC. PER COMMON SHARE

	Net earnings attributable to The Estée Lauder Companies Inc. per common share (“basic EPS”) is computed by dividing net earnings attributable to The Estée Lauder Companies Inc. by the weighted-average number of common shares outstanding and contingently issuable shares (which satisfy certain conditions). Net earnings attributable to The Estée Lauder Companies Inc. per common share assuming dilution (“diluted EPS”) is computed by reflecting potential dilution from stock-based awards.

	A reconciliation between the numerators and denominators of the basic and diluted EPS computations is as follows:

		Year Ended June 30
	(In millions, except per share data)	2014		2013		2012
	Numerator:
	Net earnings attributable to The Estée Lauder Companies Inc.	$	1,204.10	$	1,019.80	$	856.9

	Denominator:
	Weighted-average common shares outstanding – Basic	386.2		387.6		388.7
	Effect of dilutive stock options	5		5.5		6.3
	Effect of PSUs	0.1		—		—
	Effect of RSUs	1.4		1.4		1.8
	Effect of performance share units based on TSR	0.1		0.1		—
	Effect of MSU	0.3		0.3		0.2
	Weighted-average common shares outstanding – Diluted	393.1		394.9		397

	Net earnings attributable to The Estée Lauder Companies Inc. per common share:
	Basic	$	3.12	$	2.63	$	2.2
	Diluted	3.06		2.58		2.16

	As of June 30, 2014 and 2013, 0.1 million outstanding stock options were not included in the computation of diluted EPS because their inclusion would be anti-dilutive. As of June 30, 2012, outstanding stock options that were not included in the computation of diluted EPS because their inclusion would be anti-dilutive were de minimis. As of June 30, 2014, 2013 and 2012, 0.5 million, 0.5 million and 0.6 million, respectively, of PSUs have been excluded from the calculation of diluted EPS because the number of shares ultimately issued is contingent on the achievement of certain performance targets of the Company, as discussed in Note 15 – Stock Programs.

ACCUMULATED_OTHER_COMPREHENSIV

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)	12 Months Ended
	Jun. 30, 2014
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)	'
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)	'
	NOTE 17 – ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

	The components of AOCI included in the accompanying consolidated balance sheets consist of the following:

		Year Ended June 30
	(In millions)	2014			2013			2012
	Net unrealized investment gains (losses), beginning of year	$	0.8		$	0.5		$	0.5
	Unrealized investment gains (losses)	0.9			0.4			0.1
	Benefit (provision) for deferred income taxes	(0.3		)	(0.1		)	(0.1		)
	Net unrealized investment gains, end of year	1.4			0.8			0.5

	Net derivative instruments, beginning of year	18.3			17.4			(0.7		)
	Gain (loss) on derivative instruments	(22.2		)	10.3			40.2
	Benefit (provision) for deferred income taxes on derivative instruments	7.9			(3.6		)	(14.3		)
	Reclassification to earnings during the year:
	Foreign currency forward contracts (1)	(7.2		)	(8.8		)	(11.7		)
	Settled interest rate-related derivatives (2)	(0.3		)	(0.3		)	(0.3		)
	Benefit (provision) for deferred income taxes on reclassification(3)	2.6			3.3			4.2
	Net derivative instruments, end of year	(0.9		)	18.3			17.4

	Net pension and post-retirement adjustments, beginning of year	(213.7		)	(293.5		)	(199.0		)
	Changes in plan assets and benefit obligations:
	Net actuarial gains (losses) recognized	(42.1		)	92.8			(176.9		)
	Net prior service credit (cost) recognized	6.7			—			2
	Translation adjustments	(10.2		)	3.5			7.6
	Benefit (provision) for deferred income taxes	10.4			(36.8		)	60.4
	Amortization of amounts included in net periodic benefit cost (4):
	Net actuarial (gains) losses	18			28.9			14.7
	Net prior service cost (credit)	4.4			4.3			4.3
	Net transition asset (obligation)	—			(0.1		)	—
	Benefit (provision) for deferred income taxes on reclassification	(6.5		)	(12.8		)	(6.6		)
	Net pension and post-retirement adjustments, end of year	(233.0		)	(213.7		)	(293.5		)

	Cumulative translation adjustments, beginning of year	37.1			62.7			216.9
	Translation adjustments	96.7			(24.5		)	(156.6		)
	Benefit (provision) for deferred income taxes	(1.6		)	(1.1		)	2.4
	Cumulative translation adjustments, end of year	132.2			37.1			62.7

	Accumulated other comprehensive income (loss)	$	(100.3	)	$	(157.5	)	$	(212.9	)

	(1) For the year ended June 30, 2014, $4.5 million and $2.7 million were recorded in Cost of Sales and Selling, general and administrative expenses, respectively, in the accompanying consolidated statement of earnings.

	(2) For the year ended June 30, 2014, $0.3 million was recorded in Interest expense, net in the accompanying consolidated statement of earnings.

	(3) For the year ended June 30, 2014, $2.6 million was recorded in Provision for income taxes in the accompanying consolidated statement of earnings.

	(4) See Note 12 – Pension, Deferred Compensation and Post-Retirement Benefit Plans for additional information.

STATEMENT_OF_CASH_FLOWS

STATEMENT OF CASH FLOWS	12 Months Ended
STATEMENT OF CASH FLOWS	Jun. 30, 2014
STATEMENT OF CASH FLOWS	'
STATEMENT OF CASH FLOWS	'
	NOTE 18 – STATEMENT OF CASH FLOWS

	Supplemental cash flow information is as follows:

		Year Ended June 30
	(In millions)	2014			2013			2012
	Cash:
	Cash paid during the year for interest	$	66		$	85.4		$	75
	Cash paid during the year for income taxes	$	534.7		$	500.2		$	326.4

	Non-cash investing and financing activities:
	Incremental tax benefit from the exercise of stock options	$	(8.1	)	$	(9.8	)	$	(10.0	)
	Capital lease obligations incurred	$	12.9		$	5		$	8.6
	Note receivable	$	—		$	(16.8	)	$	—

SEGMENT_DATA_AND_RELATED_INFOR

SEGMENT DATA AND RELATED INFORMATION	12 Months Ended
SEGMENT DATA AND RELATED INFORMATION	Jun. 30, 2014
SEGMENT DATA AND RELATED INFORMATION	'
SEGMENT DATA AND RELATED INFORMATION	'
	NOTE 19 – SEGMENT DATA AND RELATED INFORMATION

	Reportable operating segments include components of an enterprise about which separate financial information is available that is evaluated regularly by the chief operating decision maker (the “Chief Executive”) in deciding how to allocate resources and in assessing performance. As a result of the similarities in the manufacturing, marketing and distribution processes for all of the Company’s products, much of the information provided in the consolidated financial statements is similar to, or the same as, that reviewed on a regular basis by the Chief Executive. Although the Company operates in one business segment, beauty products, management also evaluates performance on a product category basis.

	While the Company’s results of operations are also reviewed on a consolidated basis, the Chief Executive reviews data segmented on a basis that facilitates comparison to industry statistics. Accordingly, net sales, depreciation and amortization, and operating income are available with respect to the manufacture and distribution of skin care, makeup, fragrance, hair care and other products. These product categories meet the definition of operating segments and, accordingly, additional financial data are provided below. The “other” segment includes the sales and related results of ancillary products and services that do not fit the definition of skin care, makeup, fragrance and hair care.

	Product category performance is measured based upon net sales before returns associated with restructuring activities, and earnings before income taxes, other income, net interest expense, interest expense on debt extinguishment and total charges associated with restructuring activities. Returns and charges associated with restructuring activities are not allocated to the product categories because they result from activities that are deemed a company-wide program to redesign the Company’s organizational structure. The accounting policies for the Company’s reportable segments are the same as those described in the summary of significant accounting policies, except for depreciation and amortization charges, which are allocated, primarily, based upon net sales. The assets and liabilities of the Company are managed centrally and are reported internally in the same manner as the consolidated financial statements; thus, no additional information is produced for the Chief Executive or included herein.

			Year Ended June 30
	(In millions)		2014			2013			2012
	PRODUCT CATEGORY DATA
	Net Sales:
	Skin Care		$	4,769.80		$	4,465.30		$	4,225.20
	Makeup		4,210.20			3,876.90			3,696.80
	Fragrance		1,425.00			1,310.80			1,271.00
	Hair Care		515.6			488.9			462.4
	Other		48.1			41.3			60.3
			10,968.70			10,183.20			9,715.70
	Returns associated with restructuring activities		0.1			(1.5		)	(2.1		)
			$	10,968.80		$	10,181.70		$	9,713.60

	Depreciation and Amortization:
	Skin Care		$	157.1		$	139.6		$	119.9
	Makeup		166.1			144.6			127.8
	Fragrance		49.4			42.5			37.5
	Hair Care		11.1			9.5			9.5
	Other		0.9			0.7			1.1
			$	384.6		$	336.9		$	295.8

	Goodwill and Other Intangible Asset Impairments:
	Skin Care		$	—		$	17.7		$	—
	Makeup		—			—			—
	Fragrance		—			—			—
	Hair Care		—			—			21.7
	Other		—			—			—
			$	—		$	17.7		$	21.7
	Operating Income (Loss) before total charges associated with restructuring activities:
	Skin Care		$	975.8		$	830.1		$	746.7
	Makeup		715.9			580.4			538
	Fragrance		104.1			120.3			100.1
	Hair Care		33.7			26.7			12.2
	Other		(4.8		)	(13.7		)	(22.1		)
			1,824.70			1,543.80			1,374.90
	Reconciliation:
	Total charges associated with restructuring activities		2.9			(17.8		)	(63.2		)
	Interest expense, net		(50.8		)	(54.8		)	(61.1		)
	Other income		—			23.1			10.5
	Interest expense on debt extinguishment		—			(19.1		)	—
	Earnings before income taxes		$	1,776.80		$	1,475.20		$	1,261.10

			Year Ended or at June 30
	(In millions)		2014			2013			2012
	GEOGRAPHIC DATA
	Net Sales:
	The Americas		$	4,572.30		$	4,302.90		$	4,101.10
	Europe, the Middle East & Africa		4,163.70			3,758.70			3,603.20
	Asia/Pacific		2,232.70			2,121.60			2,011.40
			10,968.70			10,183.20			9,715.70
	Returns associated with restructuring activities		0.1			(1.5		)	(2.1		)
			$	10,968.80		$	10,181.70		$	9,713.60

	Operating Income (Loss):
	The Americas		$	537.3		$	423.2		$	288.4
Europe, the Middle East & Africa		938.3			813.4			746.3
Asia/Pacific		349.1			307.2			340.2
		1,824.70			1,543.80			1,374.90
Total charges associated with restructuring activities		2.9			(17.8		)	(63.2		)
		$	1,827.60		$	1,526.00		$	1,311.70
Total Assets:
The Americas		$	4,346.20		$	3,838.00		$	3,616.50
Europe, the Middle East & Africa		2,657.00			2,610.80			2,311.60
Asia/Pacific		865.6			696.4			664.9
		$	7,868.80		$	7,145.20		$	6,593.00

Long-Lived Assets (property, plant and equipment, net):
The Americas		$	954.4		$	887.7		$	815.2
Europe, the Middle East & Africa		410.2			349.7			307.8
Asia/Pacific		138			113.3			108.8
		$	1,502.60		$	1,350.70		$	1,231.80

Net sales are predominantly attributed to a country within a geographic segment based on the location of the customer. The net sales from the Company’s travel retail business are included in the Europe, the Middle East & Africa region. The Company is domiciled in the United States. Net sales in the United States in fiscal 2014, 2013 and 2012 were $3,999.5 million, $3,756.1 million and $3,582.1 million, respectively. The Company’s long-lived assets in the United States at June 30, 2014, 2013 and 2012 were $849.9 million, $805.6 million and $736.5 million, respectively.

UNAUDITED_QUARTERLY_FINANCIAL_

UNAUDITED QUARTERLY FINANCIAL DATA	12 Months Ended
	Jun. 30, 2014
UNAUDITED QUARTERLY FINANCIAL DATA	'
UNAUDITED QUARTERLY FINANCIAL DATA	'
	NOTE 20 – UNAUDITED QUARTERLY FINANCIAL DATA

	The following summarizes the unaudited quarterly operating results of the Company for fiscal 2014 and 2013:

		Quarter Ended
	(In millions, except per share data)	September 30 (1)		December 31 (2)		March 31 (3)		June 30 (4)		Total Year

	Fiscal 2014
	Net Sales(5)	$	2,675.00	$	3,018.70	$	2,549.80	$	2,725.30	$	10,968.80
	Gross Profit	2,130.90		2,437.10		2,051.10		2,191.50		8,810.60
	Operating Income(5)	449.5		656.3		341.6		380.2		1,827.60
	Net Earnings Attributable to The Estée Lauder Companies Inc.	300.7		432.5		213.2		257.7		1,204.10

	Net earnings attributable to The Estée Lauder Companies Inc. per common share:
	Basic	0.78		1.11		0.55		0.67		3.12
	Diluted	0.76		1.09		0.54		0.66		3.06

	Fiscal 2013
	Net Sales(5)	$	2,549.50	$	2,933.00	$	2,291.80	$	2,407.40	$	10,181.70
	Gross Profit	2,010.30		2,365.00		1,848.70		1,931.80		8,155.80
	Operating Income(5)	482		653.1		245.1		145.8		1,526.00
	Net Earnings Attributable to The Estée Lauder Companies Inc.	299.5		447.5		178.8		94		1,019.80

	Net earnings attributable to The Estée Lauder Companies Inc. per common share:
	Basic	0.77		1.16		0.46		0.24		2.63
	Diluted	0.76		1.13		0.45		0.24		2.58

	(1) Fiscal 2014 first quarter results include charges associated with restructuring activities of $(1.2) million. Fiscal 2013 first quarter results include charges associated with restructuring activities of $(0.4) million, debt extinguishment charges of $(19.1) million ($(12.2) million after tax, or $(.03) per diluted common share), certain out-of-period adjustments of $(5.9) million ($(7.4) million after tax, or $(.02) per diluted common share) and other income of $1.8 million ($1.2 million after tax).

	(2) Fiscal 2014 second quarter results include adjustments associated with restructuring activities of $3.5 million ($2.3 million after tax, or $.01 per diluted common share. Fiscal 2013 second quarter results include charges associated with restructuring activities of $(14.6) million ($(9.5) million after tax, or $(.02) per diluted common share), certain out-of-period adjustments of $13.6 million ($9.1 million after tax, or $.02 per diluted common share) and other income of $21.3 million ($13.6 million after tax, or $.03 per diluted common share).

	(3) Fiscal 2014 third quarter results include charges associated with restructuring activities of $(0.2) million and a charge related to the remeasurement of net monetary assets in Venezuela of $(38.3) million, before and after tax, or $(.10) per diluted common share. Fiscal 2013 third quarter results include adjustments associated with restructuring activities of $1.7 million ($1.0 million after tax).

	(4) Fiscal 2014 fourth quarter results include adjustments associated with restructuring activities of $0.8 million. Fiscal 2013 fourth quarter results include charges associated with restructuring activities of $(4.5) million ($(2.8) million after tax, or $(.01) per diluted common share) and goodwill and other intangible asset impairment charges of $(17.7) million ($(15.0) million after tax, or $(.04) per diluted common share.

	(5) As a result of the Company’s July 2014 SMI rollout, approximately $178 million of accelerated orders were recorded as net sales (approximately $127 million as operating income or $.21 per diluted common share) in the fiscal 2014 fourth quarter that the Company believes would normally occur in the fiscal 2015 first quarter. As a result of the Company’s January 2013 SMI rollout, approximately $94 million of accelerated orders were recorded as net sales (approximately $78 million of operating income or $.13 per diluted common share) in the fiscal 2013 second quarter that likely would have occurred in the fiscal 2013 third quarter.

SCHEDULE_II_VALUATION_AND_QUAL

SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS	12 Months Ended
SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS	Jun. 30, 2014
SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS	'
SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS	'
	SCHEDULE II – VALUATION AND QUALIFYING ACCOUNTS
	Three Years Ended June 30, 2014
	(In millions)

	COL. A	COL. B		COL. C					COL. D			COL. E
				Additions
	Description	Balance		-1			-2		Deductions			Balance
		at Beginning		Charged to			Charged to					at End of
		of Period		Costs and			Other					Period
				Expenses			Accounts

	Reserves deducted in the balance sheet from the assets to which they apply:

	Allowance for doubtful accounts and customer deductions:

	Year ended June 30, 2014	$	22.7	$	9.5		$	—	$	8.3	(a)	$	23.9

	Year ended June 30, 2013	$	31.1	$	14.6		$	—	$	23	(a)	$	22.7

	Year ended June 30, 2012	$	33.9	$	11		$	—	$	13.8	(a)	$	31.1

	Sales return accrual:

	Year ended June 30, 2014	$	74.6	$	410.2		$	—	$	391.1	(b)	$	93.7

	Year ended June 30, 2013	$	64.8	$	364.7		$	—	$	354.9	(b)	$	74.6

	Year ended June 30, 2012	$	64.5	$	378.1		$	—	$	377.8	(b)	$	64.8

	Deferred tax valuation allowance:

	Year ended June 30, 2014	$	92.9	$	22.9		$	—	$	0.6		$	115.2

	Year ended June 30, 2013	$	73.2	$	21.1		$	—	$	1.4		$	92.9

	Year ended June 30, 2012	$	69.5	$	35		$	—	$	31.3		$	73.2

	Accrued restructuring and other charges (adjustments):

	Year ended June 30, 2014	$	28.4	$	(2.9	)	$	—	$	17.6		$	7.9

	Year ended June 30, 2013	$	49.2	$	14.6		$	—	$	35.4		$	28.4

	Year ended June 30, 2012	$	36.6	$	53.6		$	—	$	41		$	49.2


	(a) Includes amounts written-off, net of recoveries.
	(b) Represents actual returns.

SUMMARY_OF_SIGNIFICANT_ACCOUNT1

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	12 Months Ended
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	Jun. 30, 2014
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	'
Principles of Consolidation	'
	Principles of Consolidation

	The accompanying consolidated financial statements include the accounts of The Estée Lauder Companies Inc. and its subsidiaries (collectively, the “Company”). All significant intercompany balances and transactions have been eliminated.

	Certain amounts in the consolidated financial statements of prior years have been reclassified to conform to current year presentation.
Management Estimates	'
	Management Estimates

	The preparation of financial statements and related disclosures in conformity with U.S. generally accepted accounting principles (“U.S. GAAP”) requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses reported in those financial statements. Certain significant accounting policies that contain subjective management estimates and assumptions include those related to revenue recognition, inventory, pension and other post-retirement benefit costs, goodwill, other intangible assets and long-lived assets, and income taxes. Management evaluates its estimates and assumptions on an ongoing basis using historical experience and other factors, including the current economic environment, and makes adjustments when facts and circumstances dictate. As future events and their effects cannot be determined with precision, actual results could differ significantly from those estimates and assumptions. Significant changes, if any, in those estimates and assumptions resulting from continuing changes in the economic environment will be reflected in the consolidated financial statements in future periods.
Currency Translation and Transactions	'
	Currency Translation and Transactions

	All assets and liabilities of foreign subsidiaries and affiliates are translated at year-end rates of exchange, while revenue and expenses are translated at weighted-average rates of exchange for the period. Unrealized translation gains (losses) reported as cumulative translation adjustments through other comprehensive income (loss) (“OCI”) attributable to The Estée Lauder Companies Inc. amounted to $95.1 million, $(25.6) million and $(154.2) million, net of tax, in fiscal 2014, 2013 and 2012, respectively.

	For the Company’s Venezuelan subsidiary operating in a highly inflationary economy, the U.S. dollar is the functional currency. Remeasurement adjustments in financial statements in a highly inflationary economy and other transactional gains and losses are reflected in Selling, general and administrative expenses in the Company’s consolidated statements of earnings. During the third quarter of fiscal 2014, the Venezuelan government enacted changes to the foreign exchange controls that expanded the use of its existing exchange mechanisms and created another exchange control mechanism (“SICAD II”), which allows companies to apply for the purchase of foreign currency and foreign currency denominated securities for any legal use or purpose. As a result, the Company considered its specific facts and circumstances in determining the appropriate remeasurment rate, principally assessing its legal eligibility to access the available foreign exchange mechanisms, the transactions that would be eligible, the Company’s past and expected future ability to transact through those mechanisms, and the Company’s intent to utilize a particular mechanism for particular purposes. Although the SICAD II mechanism and its level and frequency of exchange continue to be regulated by the Venezuelan government, it offers the possibility of foreign exchange in a theoretically open market without restricted uses and in management’s opinion is the only mechanism legally available at this time for the Company’s highest priority transactions, which are the import of goods. Therefore, the Company believes the SICAD II rate was, and continues to be, the most appropriate rate that reflects the economics of its Venezuelan subsidiary’s business as of March 24, 2014, when the SICAD II mechanism became operational. As a result, the Company changed the exchange rate used to remeasure the monetary assets and liabilities of its Venezuelan subsidiary from 6.3 to the SICAD II rate, which was 49.98 as of June 30, 2014. Accordingly, a remeasurement charge of $38.3 million, on a before and after tax basis, was reflected in Selling, general and administrative expenses in the Company’s consolidated statement of earnings for the year ended June 30, 2014.

	The Company enters into foreign currency forward contracts and may enter into option contracts to hedge foreign currency transactions for periods consistent with its identified exposures. Accordingly, the Company categorizes these instruments as entered into for purposes other than trading.

	The accompanying consolidated statements of earnings include net exchange losses on foreign currency transactions, including the effect of the Venezuela remeasurement charge, of $46.7 million, $3.5 million and $0.5 million in fiscal 2014, 2013 and 2012, respectively.
Cash and Cash Equivalents	'
	Cash and Cash Equivalents

	Cash and cash equivalents include $971.9 million and $843.5 million of short-term time deposits at June 30, 2014 and 2013, respectively. The Company considers all highly liquid investments with original maturities of three months or less to be cash equivalents. As of June 30, 2014, approximately 17% and 16% of the Company’s cash and cash equivalents are held by two financial institutions.
Accounts Receivable	'
	Accounts Receivable

	Accounts receivable is stated net of the allowance for doubtful accounts and customer deductions totaling $23.9 million and $22.7 million as of June 30, 2014 and 2013, respectively. This reserve is based upon the evaluation of accounts receivable aging, specific exposures and historical trends.
Inventory and Promotional Merchandise	'
	Inventory and Promotional Merchandise

	Inventory and promotional merchandise only includes inventory considered saleable or usable in future periods, and is stated at the lower of cost or fair-market value, with cost being based on standard cost which approximates actual cost on the first-in, first-out method. Cost components include raw materials, componentry, direct labor and overhead (e.g., indirect labor, utilities, depreciation, purchasing, receiving, inspection and warehousing) as well as inbound freight. Manufacturing overhead is allocated to the cost of inventory based on the normal production capacity. Unallocated overhead during periods of abnormally low production levels are recognized as cost of sales in the period in which they are incurred. Promotional merchandise is charged to expense at the time the merchandise is shipped to the Company’s customers. Included in inventory and promotional merchandise is an inventory obsolescence reserve, which represents the difference between the cost of the inventory and its estimated realizable value, based on various product sales projections. This reserve is calculated using an estimated obsolescence percentage applied to the inventory based on age, historical trends and requirements to support forecasted sales. In addition, and as necessary, specific reserves for future known or anticipated events may be established.
Derivative Financial Instruments	'
	Derivative Financial Instruments

	The Company’s derivative financial instruments are recorded as either assets or liabilities on the balance sheet and measured at fair value. All derivatives are (i) designated as a hedge of the fair value of a recognized asset or liability or of an unrecognized firm commitment (“fair-value” hedge), (ii) designated as a hedge of a forecasted transaction or of the variability of cash flows to be received or paid related to a recognized asset or liability (“foreign currency cash-flow” hedge), or (iii) not designated as a hedging instrument. Changes in the fair value of a derivative that is designated and qualifies as a fair-value hedge that is highly effective are recorded in current-period earnings, along with the loss or gain on the hedged asset or liability that is attributable to the hedged risk (including losses or gains on unrecognized firm commitments). Changes in the fair value of a derivative that is designated and qualifies as a foreign currency cash-flow hedge of a foreign-currency-denominated forecasted transaction that is highly effective are recorded in OCI. Gains and losses deferred in OCI are then recognized in current-period earnings when earnings are affected by the variability of cash flows of the hedged foreign-currency-denominated forecasted transaction (e.g., when periodic settlements on a variable-rate asset or liability are recorded in earnings). Changes in the fair value of derivative instruments not designated as hedging instruments are reported in current-period earnings.
Property, Plant and Equipment	'
	Property, Plant and Equipment

	Property, plant and equipment, including leasehold and other improvements that extend an asset’s useful life or productive capabilities, are carried at cost less accumulated depreciation and amortization. Costs incurred for computer software developed or obtained for internal use are capitalized during the application development stage and expensed as incurred during the preliminary project and post-implementation stages. For financial statement purposes, depreciation is provided principally on the straight-line method over the estimated useful lives of the assets ranging from 3 to 40 years. Leasehold improvements are amortized on a straight-line basis over the shorter of the lives of the respective leases or the expected useful lives of those improvements.
Goodwill and Other Indefinite-lived Intangible Assets	'
	Goodwill and Other Indefinite-lived Intangible Assets

	Goodwill is calculated as the excess of the cost of purchased businesses over the fair value of their underlying net assets. Other indefinite-lived intangible assets principally consist of trademarks. Goodwill and other indefinite-lived intangible assets are not amortized.

	The Company assesses goodwill and other indefinite-lived intangible assets at least annually for impairment as of the beginning of the fiscal fourth quarter, or more frequently if certain events or circumstances exist. The Company tests goodwill for impairment at the reporting unit level, which is one level below the Company’s operating segments. The Company identifies its reporting units by assessing whether the components of its operating segments constitute businesses for which discrete financial information is available and management of each reporting unit regularly reviews the operating results of those components. The Company makes certain judgments and assumptions in allocating assets and liabilities to determine carrying values for its reporting units. Impairment testing is performed in two steps: (i) the Company determines impairment by comparing the fair value of a reporting unit with its carrying value, and (ii) if there is an impairment, the Company measures the amount of impairment loss by comparing the implied fair value of goodwill with the carrying amount of that goodwill. The impairment test for indefinite-lived intangible assets encompasses calculating a fair value of an indefinite-lived intangible asset and comparing the fair value to its carrying value. If the carrying value exceeds the fair value, an impairment charge is recorded.

	Testing goodwill for impairment requires the Company to estimate fair values of reporting units using significant estimates and assumptions. The assumptions made will impact the outcome and ultimate results of the testing. The Company uses industry accepted valuation models and set criteria that are reviewed and approved by various levels of management and, in certain instances, the Company engages third-party valuation specialists for advice. To determine fair value of the reporting units, the Company generally uses an equal weighting of the income and market approaches. In certain circumstances, equal weighting will not be applied if one of these methods may be less applicable (e.g., only the income approach would be used for reporting units with existing negative margins). The Company believes both approaches are equally relevant and the most reliable indications of fair value because the fair value of product or service companies is more dependent on the ability to generate earnings than on the value of the assets used in the production process.

	Under the income approach, the Company determines fair value using a discounted cash flow method, projecting future cash flows of each reporting unit, as well as a terminal value, and discounting such cash flows at a rate of return that reflects the relative risk of the cash flows. Under the market approach, the Company utilizes information from comparable publicly traded companies with similar operating and investment characteristics as the reporting units, which creates valuation multiples that are applied to the operating performance of the reporting unit being tested, to value the reporting unit. The key estimates and factors used in these two approaches include, but are not limited to, revenue growth rates and profit margins based on internal forecasts, terminal value, the weighted-average cost of capital used to discount future cash flows and comparable market multiples.

	To determine fair value of other indefinite-lived intangible assets, the Company uses an income approach, the relief-from-royalty method. This method assumes that, in lieu of ownership, a third party would be willing to pay a royalty in order to obtain the rights to use the comparable asset. Other indefinite-lived intangible assets’ fair values require significant judgments in determining both the assets’ estimated cash flows as well as the appropriate discount and royalty rates applied to those cash flows to determine fair value. Changes in such estimates or the application of alternative assumptions could produce significantly different results.
Long-Lived Assets	'
	Long-Lived Assets

	The Company reviews long-lived assets for impairment whenever events or changes in circumstances indicate that the carrying amount may not be recoverable. When such events or changes in circumstances occur, a recoverability test is performed comparing projected undiscounted cash flows from the use and eventual disposition of an asset or asset group to its carrying value. If the projected undiscounted cash flows are less than the carrying value, then an impairment charge would be recorded for the excess of the carrying value over the fair value, which is determined by discounting future cash flows.
Concentration of Credit Risk	'
	Concentration of Credit Risk

	The Company is a worldwide manufacturer, marketer and distributor of skin care, makeup, fragrance and hair care products. Domestic and international sales are made primarily to department stores, perfumeries, specialty multi-brand retailers and retailers in its travel retail business. The Company grants credit to all qualified customers and does not believe it is exposed significantly to any undue concentration of credit risk.

	The Company’s largest customer sells products primarily within the United States and accounted for $1,142.7 million, or 10%, $1,078.8 million, or 11%, and $1,048.1 million, or 11%, of the Company’s consolidated net sales in fiscal 2014, 2013 and 2012, respectively. This customer accounted for $158.5 million, or 11%, and $113.7 million, or 10%, of the Company’s accounts receivable at June 30, 2014 and 2013, respectively.
Revenue Recognition	'
	Revenue Recognition

	Revenues from product sales are recognized upon transfer of ownership, including passage of title to the customer and transfer of the risk of loss related to those goods. In the Americas region, sales are generally recognized at the time the product is shipped to the customer and in the Europe, the Middle East & Africa and Asia/Pacific regions, sales are generally recognized based upon the customer’s receipt. In certain circumstances, transfer of title takes place at the point of sale, for example, at the Company’s retail stores. The Company records revenues generated from purchase with purchase promotions in Net Sales and costs of its purchase with purchase and gift with purchase promotions in Cost of Sales.

	Revenues are reported on a net sales basis, which is computed by deducting from gross sales the amount of actual product returns received, discounts, incentive arrangements with retailers and an amount established for anticipated product returns. The Company’s practice is to accept product returns from retailers only if properly requested, authorized and approved. In accepting returns, the Company typically provides a credit to the retailer against accounts receivable from that retailer. As a percentage of gross sales, returns were 3.4% in fiscal 2014, 3.3% in fiscal 2013 and 3.5% in fiscal 2012.
Payments to Customers	'
	Payments to Customers

	Certain incentive arrangements require the payment of a fee to customers based on their attainment of pre-established sales levels. These fees have been recorded as a reduction of Net Sales in the accompanying consolidated statements of earnings and were not material to the results of operations in any period presented.

	The Company enters into transactions related to demonstrations, advertising and counter construction, some of which involve cooperative relationships with customers. These activities may be arranged either with unrelated third parties or in conjunction with the customer. The Company’s share of the cost of these transactions (regardless of to whom they were paid) are reflected in Selling, general and administrative expenses in the accompanying consolidated statements of earnings and were approximately $1,410 million, $1,412 million and $1,343 million in fiscal 2014, 2013 and 2012, respectively.
Advertising and Promotion	'
	Advertising and Promotion

	Global net expenses for advertising, merchandising, sampling, promotion and product development costs were $2,840.0 million, $2,754.8 million and $2,614.5 million in fiscal 2014, 2013 and 2012, respectively, and are expensed as incurred. Excluding the impact of purchase with purchase and gift with purchase promotions, costs for advertising, merchandising, sampling, promotion and product development included in Selling, general and administrative expenses in the accompanying consolidated statements of earnings were $2,618.1 million, $2,541.0 million and $2,417.6 million in fiscal 2014, 2013 and 2012, respectively.
Research and Development	'
	Research and Development

	During fiscal 2014, the Company conducted a review of the activities and elements of costs associated with its research and development process. As a result of its review, the Company identified certain activities, such as product innovation and packaging design and development, and their related costs that should be categorized as research and development costs, which continue to be recorded in Selling, general and administrative expenses in the consolidated statements of earnings. As a result, research and development costs totaled $157.9 million, $146.8 million and $137.8 million in fiscal 2014, 2013 and 2012, respectively, and are expensed as incurred.
Shipping and Handling	'
	Shipping and Handling

	Shipping and handling expenses of $373.6 million, $337.9 million and $312.4 million in fiscal 2014, 2013 and 2012, respectively, are recorded in Selling, general and administrative expenses in the accompanying consolidated statements of earnings and include distribution center costs, third-party logistics costs and outbound freight.
Operating Leases	'
	Operating Leases

	The Company recognizes rent expense from operating leases with periods of free and scheduled rent increases on a straight-line basis over the applicable lease term. The Company considers lease renewals when such renewals are reasonably assured. From time to time, the Company may receive capital improvement funding from its lessors. These amounts are recorded as deferred liabilities and amortized over the remaining lease term as a reduction of rent expense.
License Arrangements	'
	License Arrangements

	The Company’s license agreements provide the Company with worldwide rights to manufacture, market and sell beauty and beauty-related products (or particular categories thereof) using the licensors’ trademarks. The licenses typically have an initial term of approximately 5 years to 11 years, and are renewable subject to the Company’s compliance with the license agreement provisions. The remaining terms, including the potential renewal periods, range from approximately 6 years to 27 years. Under each license, the Company is required to pay royalties to the licensor, at least annually, based on net sales to third parties.

	Most of the Company’s licenses were entered into to create new business. In some cases, the Company acquired, or entered into, a license where the licensor or another licensee was operating a pre-existing beauty products business. In those cases, other intangible assets are capitalized and amortized over their useful lives.

	Certain license agreements may require minimum royalty payments, incremental royalties based on net sales levels and minimum spending on advertising and promotional activities. Royalty expenses are accrued in the period in which net sales are recognized while advertising and promotional expenses are accrued at the time these costs are incurred.
Stock-Based Compensation	'
	Stock-Based Compensation

	The Company records stock-based compensation, measured at the fair value of the awards that are ultimately expected to vest, as an expense in the consolidated financial statements. Upon the exercise of stock options or the vesting of restricted stock units, performance share units, performance share units based on total stockholder return and market share units, the resulting excess tax benefits, if any, are credited to additional paid-in capital. Any resulting tax deficiencies will first be offset against those cumulative credits to additional paid-in capital. If the cumulative credits to additional paid-in capital are exhausted, tax deficiencies will be recorded to the provision for income taxes.
Income Taxes	'
	Income Taxes

	The Company accounts for income taxes using an asset and liability approach that requires the recognition of deferred tax assets and liabilities for the expected future tax consequences of events that have been recognized in its consolidated financial statements or tax returns. The net deferred tax assets assume sufficient future earnings for their realization, as well as the continued application of currently anticipated tax rates. Included in net deferred tax assets is a valuation allowance for deferred tax assets, where management believes it is not more-likely-than-not that the deferred tax assets will be realized in the relevant jurisdiction. Based on the Company’s assessments, no additional valuation allowance is required. If the Company determines that a deferred tax asset will not be realizable, an adjustment to the deferred tax asset will result in a reduction of net earnings at that time while the reduction of a valuation allowance will result in an increase of net earnings at that time.

	The Company provides tax reserves for U.S. federal, state, local and foreign exposures relating to periods subject to audit. The development of reserves for these exposures requires judgments about tax issues, potential outcomes and timing, and is a subjective critical estimate. The Company assesses its tax positions and records tax benefits for all years subject to examination based upon management’s evaluation of the facts, circumstances, and information available at the reporting dates. For those tax positions where it is more-likely-than-not that a tax benefit will be sustained, the Company has recorded the largest amount of tax benefit with a greater than 50% likelihood of being realized upon settlement with a tax authority that has full knowledge of all relevant information. For those tax positions where it is more-likely-than-not that a tax benefit will not be sustained, no tax benefit has been recognized in the consolidated financial statements. The Company classifies applicable interest and penalties as a component of the provision for income taxes. Although the outcome relating to these exposures is uncertain, in management’s opinion adequate provisions for income taxes have been made for estimable potential liabilities emanating from these exposures. If actual outcomes differ materially from these estimates, they could have a material impact on the Company’s consolidated results of operations.
Recently Adopted and Issued Accounting Standards	'
	Recently Adopted Accounting Standards

	In February 2013, the Financial Accounting Standards Board (“FASB”) issued authoritative guidance requiring an entity to present, in a single location either parenthetically on the face of the financial statements or in a separate note, significant amounts reclassified from each component of accumulated other comprehensive income (loss) (“AOCI”) and the income statement line items affected by the reclassification. An entity is not permitted to provide this information parenthetically on the face of the income statement if it has items that are not required to be reclassified in their entirety to net income. Instead of disclosing the income statement line affected, a cross reference to other disclosures that provide additional details on these items is required. This guidance became effective prospectively for the Company’s fiscal 2014 first quarter and the adoption of this disclosure-only guidance did not have a significant impact on the Company’s consolidated financial statements.

	In July 2012, the FASB amended its authoritative guidance related to testing indefinite-lived intangible assets for impairment. Under the revised guidance, entities testing their indefinite-lived intangible assets for impairment have the option of performing a qualitative assessment before performing further impairment testing. If entities determine, on the basis of qualitative factors, that it is more-likely-than-not that the asset is impaired, a quantitative test is required. This guidance became effective in the beginning of the Company’s fiscal 2014 first quarter and the adoption of this guidance did not have an impact on the Company’s consolidated financial statements.

	In December 2011, the FASB issued authoritative guidance that creates new disclosure requirements about the nature of an entity’s rights of offset and related arrangements associated with its financial instruments and derivative instruments. This revised guidance helps reconcile differences in the offsetting requirements under U.S. GAAP and International Financial Reporting Standards (“IFRS”). These requirements mandate that entities disclose both gross and net information about instruments and transactions eligible for offset in the statement of financial position as well as instruments and transactions subject to an agreement similar to a master netting arrangement. In January 2013, the FASB issued an update that limits the scope of these disclosures to recognized derivative instruments, repurchase agreements and reverse repurchase agreements, and securities borrowing and lending transactions to the extent they are offset in the balance sheet or subject to an enforceable master netting arrangement or similar agreement. This disclosure-only guidance became effective for the Company’s fiscal 2014 first quarter, with retrospective application required. The Company currently does not hold any financial or derivative instruments within the scope of this guidance that are offset in its consolidated balance sheets or are subject to an enforceable master netting arrangement. The adoption of this guidance did not have an impact on the Company’s consolidated financial statements.

	Recently Issued Accounting Standards

	In June 2014, the FASB amended its authoritative guidance on accounting for certain share-based payment awards. The amended guidance requires that share-based compensation awards with terms of a performance target that affects vesting, and that could be achieved after the requisite service period, be treated as a performance condition. As such, the performance target should not be reflected in estimating the grant-date fair value of the award and compensation cost should be recognized in the period in which it becomes probable that the performance target will be achieved. This guidance becomes effective for the Company’s fiscal 2017 first quarter, with early adoption permitted. The guidance will permit an entity to apply the amendments in the update either (a) prospectively to all awards granted or modified after the effective date or (b) retrospectively to all awards with performance targets that are outstanding as of the beginning of the earliest annual period presented in the consolidated financial statements and to all new or modified awards thereafter. The Company will apply this new guidance when it becomes effective, and is currently evaluating the impact of adoption on its consolidated financial statements.

	In May 2014, the FASB issued authoritative guidance that defines how companies should report revenues from contracts with customers. The standard requires an entity to recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. It provides companies with a single comprehensive five-step principles-based model to use in accounting for revenue and supersedes current revenue recognition requirements, including most industry-specific and transaction-specific revenue guidance. This guidance becomes effective for the Company’s fiscal 2018 first quarter and early adoption is not permitted. The guidance permits an entity to apply the standard retrospectively to all prior periods presented, with certain practical expedients, or apply the requirements in the year of adoption, through a cumulative adjustment. The Company will apply this new guidance when it becomes effective and has not yet selected a transition method. The Company is currently evaluating the impact of adoption on its consolidated financial statements.

	In April 2014, the FASB issued authoritative guidance which changes the criteria for a disposal to qualify as a discontinued operation. This revised standard defines a discontinued operation as (i) a component of an entity or group of components that has been disposed of or is classified as held for sale that represents a strategic shift that has or will have a major effect on an entity’s operations and financial results or (ii) an acquired business or nonprofit activity that is classified as held for sale on the date of acquisition. The standard also requires expanded disclosures related to discontinued operations and added disclosure requirements for individually material disposal transactions that do not meet the discontinued operations criteria. This guidance becomes effective prospectively for the Company’s fiscal 2016 first quarter, with early adoption permitted, but only for disposals (or classifications as held for sale) that have not been reported in financial statements previously issued or available to be issued. The Company will apply this new guidance when it becomes effective and the adoption of this guidance is not expected to have a significant impact on its consolidated financial statements.

	In July 2013, the FASB issued authoritative guidance that requires an entity to present an unrecognized tax benefit, or a portion of an unrecognized tax benefit, in the financial statements as a reduction to a deferred tax asset for a net operating loss (“NOL”) carryforward, a similar tax loss, or a tax credit carryforward. If either (i) an NOL carryforward, a similar tax loss, or tax credit carryforward is not available as of the reporting date under the governing tax law to settle taxes that would result from the disallowance of the tax position or (ii) the entity does not intend to use the deferred tax asset for this purpose (provided that the tax law permits a choice), an entity should present an unrecognized tax benefit in the financial statements as a liability and should not net the unrecognized tax benefit with a deferred tax asset. This guidance becomes effective prospectively for unrecognized tax benefits that exist as of the Company’s fiscal 2015 first quarter, with retrospective application and early adoption permitted. The Company will apply this new guidance prospectively when it becomes effective, and the adoption of this guidance is not expected to have a significant impact on its consolidated financial statements.

	In March 2013, the FASB issued authoritative guidance to resolve the diversity in practice concerning the release of the cumulative translation adjustment (“CTA”) into net income (i) when a parent sells a part or all of its investment in a foreign entity or no longer holds a controlling financial interest in a subsidiary or group of assets within a foreign entity, and (ii) in connection with a step acquisition of a foreign entity. This amended guidance requires that CTA be released in net income only if the sale or transfer results in the complete or substantially complete liquidation of the foreign entity in which the subsidiary or group of assets had resided, and that a pro rata portion of the CTA be released into net income upon a partial sale of an equity method investment in a foreign entity only. In addition, the amended guidance clarifies the definition of a sale of an investment in a foreign entity to include both, events that result in the loss of a controlling financial interest in a foreign entity and events that result in an acquirer obtaining control of an acquiree in which it held an equity interest immediately prior to the date of acquisition. The CTA should be released into net income upon the occurrence of such events. This guidance becomes effective prospectively for the Company’s fiscal 2015 first quarter with early adoption permitted. The Company will apply this new guidance when it becomes effective and the adoption of this guidance is not expected to have a significant impact on its consolidated financial statements.

	In February 2013, the FASB issued authoritative guidance for the recognition, measurement, and disclosure of obligations resulting from joint and several liability arrangements for which the total amount of the obligations within the scope of this guidance is fixed at the reporting date. It does not apply to certain obligations that are addressed within existing guidance in U.S. GAAP. This guidance requires an entity to measure in-scope obligations with joint and several liability (e.g., debt arrangements, other contractual obligations, settled litigations, judicial rulings) as the sum of the amount the reporting entity agreed to pay on the basis of its arrangement among its co-obligors and any additional amount it expects to pay on behalf of its co-obligors. In addition, an entity is required to disclose the nature and amount of the obligation. This guidance should be applied retrospectively to all prior periods for those obligations resulting from joint and several liability arrangements within the scope of this guidance that exist at the beginning of the Company’s fiscal 2015 first quarter, with early adoption permitted. The Company will apply this guidance when it becomes effective, and the adoption of this guidance is not expected to have a significant impact on its consolidated financial statements.

INVENTORY_AND_PROMOTIONAL_MERC1

INVENTORY AND PROMOTIONAL MERCHANDISE (Tables)	12 Months Ended
	Jun. 30, 2014
INVENTORY AND PROMOTIONAL MERCHANDISE	'
Inventory and Promotional Merchandise	'

		June 30
	(In millions)	2014		2013
	Inventory and promotional merchandise, net consists of:
	Raw materials	$	317.5	$	274.2
	Work in process	192.4		116.8
	Finished goods	599.5		510.9
	Promotional merchandise	184.6		212
		$	1,294.00	$	1,113.90

PROPERTY_PLANT_AND_EQUIPMENT_T

PROPERTY, PLANT AND EQUIPMENT (Tables)	12 Months Ended
	Jun. 30, 2014
PROPERTY, PLANT AND EQUIPMENT	'
Property, Plant and Equipment	'

		June 30
	(In millions)	2014		2013
	Assets (Useful Life)

	Land	$	15.4	$	14.7
	Buildings and improvements (10 to 40 years)	205		195.4
	Machinery and equipment (3 to 10 years)	673.9		647.9
	Computer hardware and software (4 to 10 years)	994.8		948.4
	Furniture and fixtures (5 to 10 years)	75.1		71.6
	Leasehold improvements	1,565.70		1,349.60
		3,529.90		3,227.60
	Less accumulated depreciation and amortization	2,027.30		1,876.90
		$	1,502.60	$	1,350.70

GOODWILL_AND_OTHER_INTANGIBLE_1

GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)	12 Months Ended
GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)	Jun. 30, 2014
GOODWILL AND OTHER INTANGIBLE ASSETS	'
Schedule of goodwill by product category and related change in the carrying amount	'

	(In millions)		Skin				Makeup				Fragrance			Hair				Total
	(In millions)		Care				Makeup				Fragrance			Care				Total

	Balance as of June 30, 2012
	Goodwill	$	68.1			$	421.1			$	54.8		$	403.4			$	947.4
	Accumulated impairments		(23.6	)			—				—			(41.2	)			(64.8	)
			44.5				421.1				54.8			362.2				882.6

	Goodwill acquired during the year		—				9.2				—			—				9.2
	Impairment charges		(9.6	)			—				—			—				(9.6	)
	Translation and other adjustments		0.3				0.1				—			(1.1	)			(0.7	)
			(9.3	)			9.3				—			(1.1	)			(1.1	)

	Balance as of June 30, 2013
	Goodwill		67.7				430.4				54.8			401.6				954.5
	Accumulated impairments		(32.5	)			—				—			(40.5	)			(73.0	)
			35.2				430.4				54.8			361.1				881.5

	Goodwill acquired during the year		—				10.3				—			—				10.3
	Translation and other adjustments		0.1				—				—			1.3				1.4
			0.1				10.3				—			1.3				11.7

	Balance as of June 30, 2014
	Goodwill		68.9				440.7				54.8			402.3				966.7
	Accumulated impairments		(33.6	)			—				—			(39.9	)			(73.5	)
		$	35.3			$	440.7			$	54.8		$	362.4			$	893.2
Other intangible assets, by type	'

		June 30, 2014									June 30, 2013
	(In millions)	Gross			Accumulated			Total Net			Gross		Accumulated			Total Net
		Carrying			Amortization			Book Value			Carrying		Amortization			Book Value
		Value									Value
	Amortizable intangible assets:
	Customer lists and other	$	268.3		$	216.7		$	51.6		$	268	$	204.1		$	63.9
	License agreements	43			43			—			43		43			—
		$	311.3		$	259.7		51.6			$	311	$	247.1		63.9
	Non-amortizable intangible assets:
	Trademarks and other							105.7								105.7
	Total intangible assets							$	157.3							$	169.6
Estimated aggregate amortization expense for next five years	'

		Fiscal
	(In millions)	2015			2016			2017			2018		2019

	Estimated aggregate amortization expense	$	12.1		$	11.9		$	9.9		$	8.4	$	7.5

RETURNS_AND_CHARGES_ASSOCIATED1

RETURNS AND CHARGES ASSOCIATED WITH RESTRUCTURING ACTIVITIES (Tables)	12 Months Ended
	Jun. 30, 2014
RETURNS AND CHARGES ASSOCIATED WITH RESTRUCTURING ACTIVITIES	'
Schedule of aggregate restructuring charges (adjustments) related to the Program	'

	(In millions)		Employee-Related			Asset			Contract			Other Exit			Total
			Costs			Write-offs			Terminations			Costs

	Fiscal 2009		$	60.9		$	4.2		$	3.4		$	1.8		$	70.3
	Fiscal 2010		29.3			11			2.3			6.2			48.8
	Fiscal 2011		34.6			2.4			3			1.1			41.1
	Fiscal 2012		37.1			1.7			12.6			2.2			53.6
	Fiscal 2013		7.7			2.1			1.5			3.3			14.6
	Fiscal 2014		(4.1		)				1.2			—			(2.9		)
	Charges (adjustments) recorded through June 30, 2014		$	165.5		$	21.4		$	24		$	14.6		$	225.5
Schedule of accrued restructuring charges (adjustments) and related activity under the Program	'

	(In millions)		Employee-			Asset			Contract			Other Exit			Total
			Related			Write-offs			Terminations			Costs
			Costs

	Balance at June 30, 2012	$		47.9		$	—		$	0.8		$	0.5		$	49.2
	Charges		7.7			2.1			1.5			3.3			14.6
	Cash payments		(26.0		)	—			(2.1		)	(3.1		)	(31.2		)
	Non-cash write-offs		—			(2.1		)	—			—			(2.1		)
	Translation adjustments		0.2			—			—			—			0.2
	Other adjustments		(2.3		)	—			—			—			(2.3		)
	Balance at June 30, 2013		27.5			—			0.2			0.7			28.4
	Charges (adjustments)		(4.1		)	—			1.2			—			(2.9		)
	Cash payments		(16.6		)	—			(0.8		)	(0.5		)	(17.9		)
	Translation adjustments		0.3			—			0.1			(0.1		)	0.3
	Balance at June 30, 2014		$	7.1		$	—		$	0.7		$	0.1		$	7.9
Total returns and charges (adjustments) associated with restructuring and other activities related to the Program	'

			Year Ended June 30
	(In millions)		2014			2013			2012
	Sales returns (included in Net Sales)		$	(0.1	)	$	1.5		$	2.1
	Cost of sales		0.1			1.2			1.5
	Restructuring charges (adjustments)		(2.9		)	14.6			53.6
	Other charges		—			0.5			6
	Total charges (adjustments) associated with restructuring activities		$	(2.9	)	$	17.8		$	63.2

INCOME_TAXES_Tables

INCOME TAXES (Tables)	12 Months Ended
INCOME TAXES (Tables)	Jun. 30, 2014
INCOME TAXES	'
Provision for income taxes	'

		Year Ended June 30
	(In millions)	2014			2013			2012
	Current:
	Federal	$	338.2		$	261.7		$	154.5
	Foreign	265.4			241.5			254.1
	State and local	20.5			24.3			14.1
		624.1			527.5			422.7

	Deferred:
	Federal	(41.7		)	(35.2		)	(13.8		)
	Foreign	(18.6		)	(41.3		)	(9.0		)
	State and local	3.9			0.4			0.7
		(56.4		)	(76.1		)	(22.1		)
		$	567.7		$	451.4		$	400.6
Reconciliation of the U.S. federal statutory income tax rate and actual effective tax rate on earnings before income taxes	'

		Year Ended June 30
		2014		2013		2012

	Provision for income taxes at statutory rate	35	%	35	%	35	%
	Increase (decrease) due to:
	State and local income taxes, net of federal tax benefit	1.4		1.3		1.1
	Taxation of foreign operations	(4.0	)	(4.9	)	(4.2	)
	Income tax reserve adjustments	(0.5	)	(1.0	)	(0.8	)
	Other, net	0.1		0.2		0.7
	Effective tax rate	32	%	30.6	%	31.8	%
Significant components of deferred income tax assets and liabilities	'

		June 30
	(In millions)	2014			2013
	Deferred tax assets:
	Compensation related expenses	$	199.1		$	177
	Inventory obsolescence and other inventory related reserves	80.1			76.1
	Retirement benefit obligations	94			81.5
	Various accruals not currently deductible	174.5			179.9
	Net operating loss, credit and other carryforwards	111.3			89.6
	Unrecognized state tax benefits and accrued interest	19.3			19
	Other differences between tax and financial statement values	83.9			83.4
		762.2			706.5
	Valuation allowance for deferred tax assets	(115.2		)	(92.9		)
	Total deferred tax assets	647			613.6

	Deferred tax liabilities:
	Depreciation and amortization	(248.0		)	(249.9		)
	Other differences between tax and financial statement values	(18.4		)	(17.4		)
	Total deferred tax liabilities	(266.4		)	(267.3		)
	Total net deferred tax assets	$	380.6		$	346.3
Reconciliation of the beginning and ending amount of gross unrecognized tax benefits	'

		June 30
	(In millions)	2014			2013

	Beginning of the year balance of gross unrecognized tax benefits	$	64		$	78.5
	Gross amounts of increases as a result of tax positions taken during a prior period	5.1			5.6
	Gross amounts of decreases as a result of tax positions taken during a prior period	(10.5		)	(9.8		)
	Gross amounts of increases as a result of tax positions taken during the current period	10.1			8.4
	Amounts of decreases in unrecognized tax benefits relating to settlements with taxing authorities	(6.4		)	(6.8		)
	Reductions to unrecognized tax benefits as a result of a lapse of the applicable statutes of limitations	(4.2		)	(11.9		)
	End of year balance of gross unrecognized tax benefits	$	58.1		$	64
Tax years that remain subject to examination by the major tax jurisdictions	'

	Major Jurisdiction	Open Fiscal Years

	Belgium	2010 – 2014
	Canada	2007 – 2014
	China	2010 – 2014
	France	2012 – 2014
	Germany	2004 – 2014
	Hong Kong	2008 – 2014
	Japan	2012 – 2014
	Korea	2014
	Russia	2013 – 2014
	Spain	2012 – 2014
	Switzerland	2011 – 2014
	United Kingdom	2013 – 2014
	United States	2013 – 2014
	State of California	2009 – 2014
	State of New York	2013 – 2014

OTHER_ACCRUED_LIABILITIES_Tabl

OTHER ACCRUED LIABILITIES (Tables)	12 Months Ended
	Jun. 30, 2014
OTHER ACCRUED LIABILITIES	'
Other accrued Liabilities	'

		June 30
	(In millions)	2014		2013
	Advertising, merchandising and sampling	$	301.7	$	318.6
	Employee compensation	468.2		433.3
	Payroll and other taxes	161.2		135.7
	Accrued income taxes	113.6		81.3
	Other	469.1		465.7
		$	1,513.80	$	1,434.60

DEBT_Tables

DEBT (Tables)	12 Months Ended
	Jun. 30, 2014
DEBT	'
Schedule of current and long-term debt and available financing	'

		Debt at June 30						Available financing at
								June 30, 2014
	(In millions)	2014			2013			Committed		Uncommitted
	3.70% Senior Notes, due August 15, 2042 (“2042 Senior Notes”)	$	249		$	248.9		$	—	$	—
	6.00% Senior Notes, due May 15, 2037 (“2037 Senior Notes”)	296.6			296.5			—		—
	5.75% Senior Notes, due October 15, 2033 (“2033 Senior Notes”)	197.8			197.8			—		—
	2.35% Senior Notes, due August 15, 2022 (“2022 Senior Notes”)	249.8			249.8			—		—
	5.55% Senior Notes, due May 15, 2017 (“2017 Senior Notes”)	321.1			328			—		—
	Commercial paper	—			—			—		1,000.00
	Loan participation notes	—			—			—		150
	Other long-term borrowings	10.4			5			—		—
	Other current borrowings	18.4			18.3			—		199.8
	Revolving credit facility	—			—			1,000.00		—
		1,343.10			1,344.30			$	1,000.00	$	1,349.80
	Less current debt including current maturities	(18.4		)	(18.3		)
		$	1,324.70		$	1,326.00

DERIVATIVE_FINANCIAL_INSTRUMEN1

DERIVATIVE FINANCIAL INSTRUMENTS (Tables)	12 Months Ended
DERIVATIVE FINANCIAL INSTRUMENTS (Tables)	Jun. 30, 2014
DERIVATIVE FINANCIAL INSTRUMENTS	'
Schedule of fair values of the derivative financial instruments included in the consolidated balance sheets	'

		Asset Derivatives								Liability Derivatives
	(In millions)	Balance Sheet		Fair Value (1)						Balance Sheet		Fair Value (1)
	(In millions)	Location		Fair Value (1)						Location		Fair Value (1)
				June 30								June 30
				2014			2013					2014			2013
	Derivatives Designated as Hedging Instruments:
	Foreign currency forward contracts	Prepaid expenses and other current assets		$	3.4		$	20.8		Other accrued liabilities		$	18.2		$	6.4

	Derivatives Not Designated as Hedging Instruments:
	Foreign currency forward contracts	Prepaid expenses and other current assets		0.8			0.9			Other accrued liabilities		0.9			2.7

	Total Derivatives			$	4.2		$	21.7				$	19.1		$	9.1

	(1) See Note 11 – Fair Value Measurements for further information about how the fair value of derivative assets and liabilities are determined.
Schedule of gains and losses related to derivative financial instruments designated as hedging instruments	'

	(In millions)	Amount of Gain or (Loss)						Location of Gain or		Amount of Gain or (Loss)
		Recognized in OCI on Derivatives						(Loss) Reclassified		Reclassified from AOCI into
		(Effective Portion)						from AOCI into		Earnings
								Earnings		(Effective Portion) (1)
								(Effective Portion)
		June 30								June 30
		2014			2013					2014			2013
	Derivatives in Cash Flow Hedging Relationships:

	Foreign currency forward contracts	$	(22.2	)	$	10.3		Cost of sales		$	4.5		$	(1.8	)
								Selling, general and administrative		2.7			10.6
	Total derivatives	$	(22.2	)	$	10.3				$	7.2		$	8.8

	(1) The amount of gain recognized in earnings related to the amount excluded from effectiveness testing was $0.4 million and $1.8 million for fiscal 2014 and 2013, respectively. The loss recognized in earnings related to the ineffective portion of the hedging relationships was $0.5 million and $0.2 million for fiscal 2014 and 2013, respectively.
Schedule of gains and losses related to derivative financial instruments not designated as hedging instruments	'

	(In millions)	Location of Gain or (Loss)		Amount of Gain or (Loss) Recognized
		Recognized in Earnings on		in Earnings on Derivatives
		Derivatives
				June 30
				2014			2013
	Derivatives Not Designated as Hedging Instruments:

	Foreign currency forward contracts	Selling, general and administrative		$	1.9		$	(2.1	)

FAIR_VALUE_MEASUREMENTS_Tables

FAIR VALUE MEASUREMENTS (Tables)	12 Months Ended
	Jun. 30, 2014
FAIR VALUE MEASUREMENTS	'
Financial assets and liabilities measured at fair value on a recurring basis	'
	The following table presents the Company’s hierarchy for its financial assets and liabilities measured at fair value on a recurring basis as of June 30, 2014:

	(In millions)	Level 1			Level 2			Level 3			Total
	Assets:
	Foreign currency forward contracts	$	—		$	4.2		$	—		$	4.2
	Available-for-sale securities	7.6			—			—			7.6
	Total	$	7.6		$	4.2		$	—		$	11.8

	Liabilities:
	Foreign currency forward contracts	$	—		$	19.1		$	—		$	19.1

	The following table presents the Company’s hierarchy for its financial assets and liabilities measured at fair value on a recurring basis as of June 30, 2013:

	(In millions)	Level 1			Level 2			Level 3			Total
	Assets:
	Foreign currency forward contracts	$	—		$	21.7		$	—		$	21.7
	Available-for-sale securities	6.5			—			—			6.5
	Total	$	6.5		$	21.7		$	—		$	28.2

	Liabilities:
	Foreign currency forward contracts	$	—		$	9.1		$	—		$	9.1
Impairment charges of nonfinancial assets measured at fair value on a nonrecurring basis	'
	The following table presents the Company’s hierarchy and impairment charges for certain of its nonfinancial assets measured at fair value on a nonrecurring basis during fiscal 2013:

	(In millions)	Impairment			Date of Carrying		Carrying Value			Level 3
		charges			Value
	Goodwill	$	9.6		April 1, 2013		$	—		$	—
	Other intangible assets, net (trademark)	8.1			April 1, 2013		—			—
	Total	$	17.7

Estimated fair values of financial instruments	'

		June 30
		2014						2013
	(In millions)	Carrying			Fair			Carrying			Fair
		Amount			Value			Amount			Value
	Nonderivatives
	Cash and cash equivalents	$	1,629.10		$	1,629.10		$	1,495.70		$	1,495.70
	Available-for-sale securities	7.6			7.6			6.5			6.5
	Note receivable	8.4			8.5			16.8			16.9
	Current and long-term debt	1,343.10			1,428.30			1,344.30			1,387.80

	Derivatives
	Foreign currency forward contracts – asset (liability)	(14.9		)	(14.9		)	12.6			12.6

PENSION_DEFERRED_COMPENSATION_1

PENSION, DEFERRED COMPENSATION AND POST-RETIREMENT BENEFIT PLANS (Tables)	12 Months Ended
	Jun. 30, 2014
PENSION, DEFERRED COMPENSATION AND POST-RETIREMENT BENEFIT PLANS	'
Significant components of pension and other retirement benefit plans	'

		Pension Plans												Other than
		Pension Plans												Pension Plans
		U.S.						International						Post-retirement
	(In millions)	2014			2013			2014			2013			2014			2013
	Change in benefit obligation:
	Benefit obligation at beginning of year	$	676		$	706.1		$	508.6		$	483.4		$	169.7		$	201.1
	Service cost	31.6			33.8			24.8			24			3.4			4.3
	Interest cost	31.2			26.6			19.1			17.9			8			7.8
	Plan participant contributions	—			—			3.5			3			0.8			0.9
	Actuarial loss (gain)	51.4			(61.1		)	41.4			14.1			12.3			(36.2		)
	Foreign currency exchange rate impact	—			—			34.9			(8.7		)	(0.5		)	(1.0		)
	Benefits, expenses, taxes and premiums paid	(36.8		)	(29.4		)	(21.5		)	(23.3		)	(7.0		)	(7.2		)
	Plan amendments	1.8			—			(8.5		)	—			—			—
	Settlements and curtailments	—			—			(3.6		)	(4.0		)	—			—
	Special termination benefits	—			—			—			2.2			—			—
	Benefit obligation at end of year	$	755.2		$	676		$	598.7		$	508.6		$	186.7		$	169.7

	Change in plan assets:
	Fair value of plan assets at beginning of year	$	659.7		$	645.6		$	438.6		$	415.3		$	27.7		$	26
	Actual return on plan assets	92.9			37.4			35.7			36.9			4			1.7
	Foreign currency exchange rate impact	—			—			33.1			(15.4		)	—			—
	Employer contributions	7.2			6.1			27.9			25.9			6.2			6.3
	Plan participant contributions	—			—			3.5			3			0.8			0.9
	Settlements	—			—			(3.6		)	(3.8		)	—			—
	Benefits, expenses, taxes and premiums paid from plan assets	(36.8		)	(29.4		)	(21.5		)	(23.3		)	(7.0		)	(7.2		)
	Fair value of plan assets at end of year	$	723		$	659.7		$	513.7		$	438.6		$	31.7		$	27.7

	Funded status	$	(32.2	)	$	(16.3	)	$	(85.0	)	$	(70.0	)	$	(155.0	)	$	(142.0	)

	Amounts recognized in the Balance Sheet consist of:
	Other assets	$	79.5		$	94		$	55.7		$	50		$	—		$	—
	Other accrued liabilities	(14.1		)	(11.9		)	(6.6		)	(5.2		)	(6.2		)	(6.0		)
	Other noncurrent liabilities	(97.6		)	(98.4		)	(134.1		)	(114.8		)	(148.8		)	(136.0		)
	Funded status	(32.2		)	(16.3		)	(85.0		)	(70.0		)	(155.0		)	(142.0		)
	Accumulated other comprehensive loss	149.8			150.8			153.5			138			34.9			26.2
	Net amount recognized	$	117.6		$	134.5		$	68.5		$	68		$	(120.1	)	$	(115.8	)
Net periodic benefit costs and weighted-average assumptions	'

		Pension Plans																		Other than
		Pension Plans																		Pension Plans
		U.S.									International									Post-retirement
	($ in millions)	2014			2013			2012			2014			2013			2012			2014			2013			2012
	Components of net periodic benefit cost:
	Service cost, net	$	31.6		$	33.8		$	27.7		$	24.8		$	24		$	22.3		$	3.4		$	4.3		$	3.8
	Interest cost	31.2			26.6			29.8			19.1			17.9			18.8			8			7.8			8.6
	Expected return on assets	(46.8		)	(45.2		)	(38.9		)	(20.8		)	(19.2		)	(21.1		)	(2.0		)	(2.0		)	(1.2		)
	Amortization of:
	Actuarial loss (gain)	7.4			14.5			7.9			9.2			9.3			4.9			0.8			4.4			1.9
	Prior service cost	0.7			0.7			0.7			2.9			2.8			3.3			0.8			0.8			0.3
	Transition (asset) obligation	—			—			—			—			(0.1		)	—			—			—			—
	Settlements	—			—			—			0.6			0.7			(0.3		)	—			—			—
	Curtailments		—			—			—			—			(0.2	)		—			—			—			—
	Special termination benefits		—			—			—			—			2.2			—			—			—			—
	Net periodic benefit cost	$	24.1		$	30.4		$	27.2		$	35.8		$	37.4		$	27.9		$	11		$	15.3		$	13.4

	Weighted-average assumptions used to determine benefit obligations at June 30:
	Discount rate	3.60 –			4.30 –			3.9		%	.50 –			1.00 –			1.00 –			4.10 –			4.75 –			3.70 –
		4.3		%	4.9		%				6.75		%	7.25		%	7		%	9		%	8.75		%	8.65		%

	Rate of compensation	3.00 –			4.00 –			4.00 –			1.00 –			1.00 –			1.00 –			N/A			N/A			N/A
	Increase	7		%	12		%	12		%	5.5		%	5.5		%	6		%

	Weighted-average assumptions used to determine net periodic benefit cost for the year ended June 30:
	Discount rate	4.30 –			3.9		%	5.4		%	1.00 –			1.00 –			1.25 –			4.75 –			3.70 –			5.40 –
		4.9		%							7.25		%	7		%	8.25		%	8.75		%	8.65		%	8.75		%

	Expected return on assets	7.5		%	7.5		%	7.75		%	2.25 –			2.25 –			2.00 –			7.5		%	7.5		%	7.75		%
											7.25		%	7		%	8.25		%

	Rate of compensation	4.00 –			4.00 –			4.00 –			1.00 –			1.00 –			2.00 –			N/A			N/A			N/A
	Increase	12		%	12		%	12		%	5.5		%	6		%	6		%
Impact of one-percentage-point change in assumed health care cost trend rates for fiscal 2014	'

	(In millions)	One-Percentage-Point			One-Percentage-Point
	(In millions)	Increase			Decrease

	Effect on total service and interest costs	$	1.3		$	(1.1	)
	Effect on post-retirement benefit obligations	$	13.9		$	(12.1	)
Amounts recognized in AOCI (before tax)	'

		Pension Plans						Other than
		Pension Plans						Pension Plans
	(In millions)	U.S.			International			Post-retirement			Total

	Net actuarial (gains) losses, beginning of year	$	147.8		$	123.3		$	22.1		$	293.2
	Actuarial (gains) losses recognized	5.3			26.5			10.3			42.1
	Amortization of amounts included in net periodic benefit cost	(7.4		)	(9.8		)	(0.8		)	(18.0		)
	Translation adjustments	—			8.2			—			8.2
	Net actuarial (gains) losses, end of year	145.7			148.2			31.6			325.5

	Net prior service cost (credit), beginning of year	3			14.7			4.1			21.8
	Prior service cost (credit) recognized	1.8			(8.5		)	—			(6.7		)
	Amortization of amounts included in net periodic benefit cost	(0.7		)	(2.9		)	(0.8		)	(4.4		)
	Translation adjustments	—			2			—			2
	Net prior service cost (credit), end of year	4.1			5.3			3.3			12.7

	Total amounts recognized in AOCI	$	149.8		$	153.5		$	34.9		$	338.2
Amounts in AOCI expected to be amortized as components of net periodic benefit cost during fiscal 2015	'

		Pension Plans						Other than
		Pension Plans						Pension Plans
	(In millions)	U.S.			International			Post-retirement

	Prior service cost	$	0.6		$	2.2		$	0.8
	Net actuarial loss	$	9.8		$	11.6		$	1.5
Projected benefit obligation, accumulated benefit obligation and fair value of plan assets for the Company's pension plans	'

		Pension Plans
		Retirement Growth						Restoration						International
		Account						Restoration						International
	(In millions)	2014			2013			2014			2013			2014			2013

	Projected benefit obligation	$	643.5		$	565.7		$	111.7		$	110.3		$	598.7		$	508.6
	Accumulated benefit obligation	$	598.4		$	505.4		$	97		$	86.1		$	531.4		$	445.5
	Fair value of plan assets	$	723		$	659.7		$	—		$	—		$	513.7		$	438.6
Expected Cash Flows	'

		Pension Plans						Other than
		Pension Plans						Pension Plans
	(In millions)	U.S.			International			Post-retirement

	Expected employer contributions for year ending June 30, 2015	$	—		$	24		$	—
	Expected benefit payments for year ending June 30,
	2015	61.2			23.3			6.3
	2016	59.7			20.5			7
	2017	55.9			21.6			7.8
	2018	52.7			22.2			8.5
	2019	54.6			21.4			9.3
	Years 2020 – 2024	291.1			140.6			59.5

Target Asset Allocation	'

		Pension Plans				Other than
		Pension Plans				Pension Plans
		U.S.		International		Post-retirement

	Equity	30	%	22	%	30	%
	Debt securities	39	%	47	%	39	%
	Other	31	%	31	%	31	%
		100	%	100	%	100	%
Fair values of the Company's pension and post-retirement plan assets by asset category	'
	The following table presents the fair values of the Company’s pension and post-retirement plan assets by asset category as of June 30, 2014:

	(In millions)	Level 1			Level 2			Level 3			Total

	Short-term investment funds	$	22.4		$	28		$	—		$	50.4
	Government and agency securities	—			39.7			—			39.7
	Equity securities	44.1			—			—			44.1
	Debt instruments	—			173.8			—			173.8
	Commingled funds	251.2			504.4			34.5			790.1
	Insurance contracts	—			—			51.2			51.2
	Limited partnerships and hedge fund investments	—			52.2			67			119.2
	Total	$	317.7		$	798.1		$	152.7		$	1,268.50

	The following table presents the fair values of the Company’s pension and post-retirement plan assets by asset category as of June 30, 2013:

	(In millions)	Level 1			Level 2			Level 3			Total

	Short-term investment funds	$	28.9		$	27.6		$	—		$	56.5
	Government and agency securities	—			16.9			—			16.9
	Equity securities	—			125.6			—			125.6
	Debt instruments	94.4			—			—			94.4
	Commingled funds	248.6			394.6			36.6			679.8
	Insurance contracts	—			—			43.6			43.6
	Limited partnerships and hedge fund investments	—			—			109.2			109.2
	Total	$	371.9		$	564.7		$	189.4		$	1,126.00
Changes in Level 3 plan assets	'

	(In millions)	Commingled			Insurance			Limited			Total
		Funds			Contracts			Partnerships and
								Hedge Fund
								Investments

	Balance as of June 30, 2013	$	36.6		$	43.6		$	109.2		$	189.4
	Actual return on plan assets:
	Relating to assets still held at the reporting date	(1.4		)	3			4.7			6.3
	Relating to assets sold during the year	(0.3		)	—			—			(0.3		)
	Transfers in (out)	—			—			(46.9		)	(46.9		)
	Purchases, sales, issuances and settlements, net	(4.4		)	2.6			—			(1.8		)
	Foreign exchange impact	4			2			—			6
	Balance as of June 30, 2014	$	34.5		$	51.2		$	67		$	152.7

COMMITMENTS_AND_CONTINGENCIES_

COMMITMENTS AND CONTINGENCIES (Tables)	12 Months Ended
	Jun. 30, 2014
COMMITMENTS AND CONTINGENCIES	'
Summary of scheduled maturities of contractual obligations for which cash flows are fixed and determinable	'

				Payments Due in Fiscal
	(In millions)	Total		2015		2016			2017			2018		2019		Thereafter

	Debt service (1)	$	2,330.60	$	79.7	$	68		$		364.8	$	44.7	$	44.6	$	1,728.80
	Operating lease commitments (2)	2,010.60		291.7		274			240.5			215.9		190.6		797.9
	Unconditional purchase obligations (3)	2,280.10		1,091.60		437.3			430.5			243.7		37.8		39.2
	Gross unrecognized tax benefits and interest – current (4)	1.1		1.1		—			—			—		—		—
	Total contractual obligations	$	6,622.40	$	1,464.10	$		779.3	$	1,035.80		$	504.3	$	273	$	2,565.90


	(1) Includes long-term and current debt and the related projected interest costs, and to a lesser extent, capital lease commitments. Interest costs on long-term and current debt are projected to be $61.3 million in each of the years from fiscal 2015 through fiscal 2017, $44.6 million in fiscal 2018 and fiscal 2019 and $728.7 million thereafter. Projected interest costs on variable rate instruments were calculated using market rates at June 30, 2014. Refer to Note 9 – Debt.

	(2) Minimum operating lease commitments only include base rent. Certain leases provide for contingent rents that are not measurable at inception and primarily include rents based on a percentage of sales in excess of stipulated levels, as well as common area maintenance. These amounts are excluded from minimum operating lease commitments and are included in the determination of total rent expense when it is probable that the expense has been incurred and the amount is reasonably measurable. Such amounts have not been material to total rent expense. Total rental expense included in the accompanying consolidated statements of earnings was $356.1 million, $332.4 million and $304.9 million in fiscal 2014, 2013 and 2012, respectively.

	(3) Unconditional purchase obligations primarily include inventory commitments, estimated future earn-out payments, estimated royalty payments pursuant to license agreements, advertising commitments, capital improvement commitments, planned funding of pension and other post-retirement benefit obligations, commitments pursuant to executive compensation arrangements, obligations related to the Company’s cost savings initiatives and acquisitions. Future earn-out payments and future royalty and advertising commitments were estimated based on planned future sales for the term that was in effect at June 30, 2014, without consideration for potential renewal periods.

	(4) Refer to Note 7 – Income Taxes for information regarding unrecognized tax benefits. As of June 30, 2014, the noncurrent portion of the Company’s unrecognized tax benefits, including related accrued interest and penalties was $69.5 million. At this time, the settlement period for the noncurrent portion of the unrecognized tax benefits, including related accrued interest and penalties, cannot be determined and therefore was not included.

COMMON_STOCK_Tables

COMMON STOCK (Tables)	12 Months Ended
COMMON STOCK (Tables)	Jun. 30, 2014
COMMON STOCK	'
Information about the entity's common stock outstanding	'

	(Shares in thousands)	Class A			Class B
	Balance at June 30, 2011	242,598.90			151,964.10
	Acquisition of treasury stock	(11,980.2	)		—
	Conversion of Class B to Class A	186			(186.0	)
	Stock-based compensation	6,314.80			—
	Balance at June 30, 2012	237,119.50			151,778.10
	Acquisition of treasury stock	(6,718.8	)		—
	Conversion of Class B to Class A	2,800.00			(2,800.0	)
	Stock-based compensation	5,815.50			—
	Balance at June 30, 2013	239,016.20			148,978.10
	Acquisition of treasury stock	(9,602.2	)		—
	Conversion of Class B to Class A	250			(250.0	)
	Stock-based compensation	4,492.40			—
	Balance at June 30, 2014	234,156.40			148,728.10
Summary of cash dividends declared per share on the Company's Class A and Class B Common Stock	'

	Date Declared	Record Date		Payable Date		Amount per Share

	August 14, 2013	August 30, 2013		September 16, 2013		$0.18
	October 30, 2013	November 29, 2013		December 16, 2013		$0.20
	February 4, 2014	February 28, 2014		March 17, 2014		$0.20
	May 1, 2014	May 30, 2014		June 16, 2014		$0.20

STOCK_PROGRAMS_Tables

STOCK PROGRAMS (Tables)	12 Months Ended
STOCK PROGRAMS (Tables)	Jun. 30, 2014
STOCK PROGRAMS	'
Schedule of stock-based compensation expense and related income tax benefits	'

		Year Ended June 30
	(In millions)	2014			2013			2012
	Compensation expense	$	152.6		$	145.8		$	124.7
	Income tax benefit	50.2			47.6			41.1

Summary of stock option programs and changes during the year	'

	(Shares in thousands)	Shares		Weighted-			Aggregate			Weighted-Average
				Average			Intrinsic			Contractual Life
				Exercise			Value(1)			Remaining in
				Price Per			(in millions)			Years
				Share

	Outstanding at June 30, 2013	15,071.40		$	36.6
	Granted at fair value	1,864.90		67.42
	Exercised	(2,695.4	)	31.49
	Expired	(16.7	)	42.73
	Forfeited	(96.4	)	54.8
	Outstanding at June 30, 2014	14,127.80		41.51			$	462.7		6.5

	Vested and expected to vest at June 30, 2014	14,000.70		41.32			$	461.2		6.5

	Exercisable at June 30, 2014	9,248.20		31.77			$	393		5.6


	(1) The intrinsic value of a stock option is the amount by which the market value of the underlying stock exceeds the exercise price of the option.
Summary of the per-share weighted-average grant date fair value of stock options granted and total intrinsic value of stock options exercised	'

		Year Ended June 30
	(In millions, except per share data)	2014			2013			2012
	Per-share weighted-average grant date fair value of stock options granted	$	23.13		$	20.3		$	17.41

	Intrinsic value of stock options exercised	$	104.7		$	145.8		$	154
Schedule of fair value option pricing assumptions	'

		Year Ended June 30
		2014		2013		2012
	Weighted-average expected stock-price volatility	33%		34%		35%
	Weighted-average expected option life	7 years		8 years		8 years
	Average risk-free interest rate	2.50%		1.20%		1.70%
	Average dividend yield	1.10%		1.00%		1.00%
Summary of the status of Performance Share Units, (PSUs) and activity	'

				Weighted-Average
				Grant Date
	(Shares in thousands)	Shares		Fair Value Per Share
	Nonvested at June 30, 2013	510.9		$	53.73
	Granted	291		67.38
	Vested	(259.7	)	48.57
	Forfeited	(3.6	)	63.17
	Nonvested at June 30, 2014	538.6		63.53

Summary of the status of Restricted Stock Units (RSUs) and activity	'

				Weighted-Average
				Grant Date
	(Shares in thousands)	Shares		Fair Value Per Share
	Nonvested at June 30, 2013	2,222.80		$	52.68
	Granted	1,313.10		66.05
	Vested	(1,248.3	)	49.39
	Forfeited	(65.5	)	59.91
	Nonvested at June 30, 2014	2,222.10		62.21

Summary of the status of share units and activity under the Non-Employee Director Share Incentive Plan	'

				Weighted-Average
				Grant Date
	(Shares in thousands)	Shares		Fair Value Per Share
	Outstanding at June 30, 2013	87.3		$	33.27
	Granted	10.5		70.68
	Dividend equivalents	1		72.54
	Converted	—		—
	Outstanding at June 30, 2014	98.8		37.67

NET_EARNINGS_ATTRIBUTABLE_TO_T1

NET EARNINGS ATTRIBUTABLE TO THE ESTEE LAUDER COMPANIES INC. PER COMMON SHARE (Tables)	12 Months Ended
	Jun. 30, 2014
NET EARNINGS ATTRIBUTABLE TO THE ESTEE LAUDER COMPANIES INC. PER COMMON SHARE	'
Schedule of reconciliation between the numerators and denominators of the basic and diluted EPS computations	'

		Year Ended June 30
	(In millions, except per share data)	2014		2013		2012
	Numerator:
	Net earnings attributable to The Estée Lauder Companies Inc.	$	1,204.10	$	1,019.80	$	856.9

	Denominator:
	Weighted-average common shares outstanding – Basic	386.2		387.6		388.7
	Effect of dilutive stock options	5		5.5		6.3
	Effect of PSUs	0.1		—		—
	Effect of RSUs	1.4		1.4		1.8
	Effect of performance share units based on TSR	0.1		0.1		—
	Effect of MSU	0.3		0.3		0.2
	Weighted-average common shares outstanding – Diluted	393.1		394.9		397

	Net earnings attributable to The Estée Lauder Companies Inc. per common share:
	Basic	$	3.12	$	2.63	$	2.2
	Diluted	3.06		2.58		2.16

ACCUMULATED_OTHER_COMPREHENSIV1

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Tables)	12 Months Ended
	Jun. 30, 2014
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)	'
Schedule of components of AOCI	'

		Year Ended June 30
	(In millions)	2014			2013			2012
	Net unrealized investment gains (losses), beginning of year	$	0.8		$	0.5		$	0.5
	Unrealized investment gains (losses)	0.9			0.4			0.1
	Benefit (provision) for deferred income taxes	(0.3		)	(0.1		)	(0.1		)
	Net unrealized investment gains, end of year	1.4			0.8			0.5

	Net derivative instruments, beginning of year	18.3			17.4			(0.7		)
	Gain (loss) on derivative instruments	(22.2		)	10.3			40.2
	Benefit (provision) for deferred income taxes on derivative instruments	7.9			(3.6		)	(14.3		)
	Reclassification to earnings during the year:
	Foreign currency forward contracts (1)	(7.2		)	(8.8		)	(11.7		)
	Settled interest rate-related derivatives (2)	(0.3		)	(0.3		)	(0.3		)
	Benefit (provision) for deferred income taxes on reclassification(3)	2.6			3.3			4.2
	Net derivative instruments, end of year	(0.9		)	18.3			17.4

	Net pension and post-retirement adjustments, beginning of year	(213.7		)	(293.5		)	(199.0		)
	Changes in plan assets and benefit obligations:
	Net actuarial gains (losses) recognized	(42.1		)	92.8			(176.9		)
	Net prior service credit (cost) recognized	6.7			—			2
	Translation adjustments	(10.2		)	3.5			7.6
	Benefit (provision) for deferred income taxes	10.4			(36.8		)	60.4
	Amortization of amounts included in net periodic benefit cost (4):
	Net actuarial (gains) losses	18			28.9			14.7
	Net prior service cost (credit)	4.4			4.3			4.3
	Net transition asset (obligation)	—			(0.1		)	—
	Benefit (provision) for deferred income taxes on reclassification	(6.5		)	(12.8		)	(6.6		)
	Net pension and post-retirement adjustments, end of year	(233.0		)	(213.7		)	(293.5		)

	Cumulative translation adjustments, beginning of year	37.1			62.7			216.9
	Translation adjustments	96.7			(24.5		)	(156.6		)
	Benefit (provision) for deferred income taxes	(1.6		)	(1.1		)	2.4
	Cumulative translation adjustments, end of year	132.2			37.1			62.7

	Accumulated other comprehensive income (loss)	$	(100.3	)	$	(157.5	)	$	(212.9	)

	(1) For the year ended June 30, 2014, $4.5 million and $2.7 million were recorded in Cost of Sales and Selling, general and administrative expenses, respectively, in the accompanying consolidated statement of earnings.

	(2) For the year ended June 30, 2014, $0.3 million was recorded in Interest expense, net in the accompanying consolidated statement of earnings.

	(3) For the year ended June 30, 2014, $2.6 million was recorded in Provision for income taxes in the accompanying consolidated statement of earnings.

	(4) See Note 12 – Pension, Deferred Compensation and Post-Retirement Benefit Plans for additional information.

STATEMENT_OF_CASH_FLOWS_Tables

STATEMENT OF CASH FLOWS (Tables)	12 Months Ended
STATEMENT OF CASH FLOWS (Tables)	Jun. 30, 2014
STATEMENT OF CASH FLOWS	'
Supplemental cash flow information	'

		Year Ended June 30
	(In millions)	2014			2013			2012
	Cash:
	Cash paid during the year for interest	$	66		$	85.4		$	75
	Cash paid during the year for income taxes	$	534.7		$	500.2		$	326.4

	Non-cash investing and financing activities:
	Incremental tax benefit from the exercise of stock options	$	(8.1	)	$	(9.8	)	$	(10.0	)
	Capital lease obligations incurred	$	12.9		$	5		$	8.6
	Note receivable	$	—		$	(16.8	)	$	—

SEGMENT_DATA_AND_RELATED_INFOR1

SEGMENT DATA AND RELATED INFORMATION (Tables)	12 Months Ended
SEGMENT DATA AND RELATED INFORMATION (Tables)	Jun. 30, 2014
SEGMENT DATA AND RELATED INFORMATION	'
Schedule of segment data and related information	'

			Year Ended June 30
	(In millions)		2014			2013			2012
	PRODUCT CATEGORY DATA
	Net Sales:
	Skin Care		$	4,769.80		$	4,465.30		$	4,225.20
	Makeup		4,210.20			3,876.90			3,696.80
	Fragrance		1,425.00			1,310.80			1,271.00
	Hair Care		515.6			488.9			462.4
	Other		48.1			41.3			60.3
			10,968.70			10,183.20			9,715.70
	Returns associated with restructuring activities		0.1			(1.5		)	(2.1		)
			$	10,968.80		$	10,181.70		$	9,713.60

	Depreciation and Amortization:
	Skin Care		$	157.1		$	139.6		$	119.9
	Makeup		166.1			144.6			127.8
	Fragrance		49.4			42.5			37.5
	Hair Care		11.1			9.5			9.5
	Other		0.9			0.7			1.1
			$	384.6		$	336.9		$	295.8

	Goodwill and Other Intangible Asset Impairments:
	Skin Care		$	—		$	17.7		$	—
	Makeup		—			—			—
	Fragrance		—			—			—
	Hair Care		—			—			21.7
	Other		—			—			—
			$	—		$	17.7		$	21.7
	Operating Income (Loss) before total charges associated with restructuring activities:
	Skin Care		$	975.8		$	830.1		$	746.7
	Makeup		715.9			580.4			538
	Fragrance		104.1			120.3			100.1
	Hair Care		33.7			26.7			12.2
	Other		(4.8		)	(13.7		)	(22.1		)
			1,824.70			1,543.80			1,374.90
	Reconciliation:
	Total charges associated with restructuring activities		2.9			(17.8		)	(63.2		)
	Interest expense, net		(50.8		)	(54.8		)	(61.1		)
	Other income		—			23.1			10.5
	Interest expense on debt extinguishment		—			(19.1		)	—
	Earnings before income taxes		$	1,776.80		$	1,475.20		$	1,261.10

			Year Ended or at June 30
	(In millions)		2014			2013			2012
	GEOGRAPHIC DATA
	Net Sales:
	The Americas		$	4,572.30		$	4,302.90		$	4,101.10
	Europe, the Middle East & Africa		4,163.70			3,758.70			3,603.20
	Asia/Pacific		2,232.70			2,121.60			2,011.40
			10,968.70			10,183.20			9,715.70
	Returns associated with restructuring activities		0.1			(1.5		)	(2.1		)
			$	10,968.80		$	10,181.70		$	9,713.60

	Operating Income (Loss):
	The Americas		$	537.3		$	423.2		$	288.4
	Europe, the Middle East & Africa		938.3			813.4			746.3
	Asia/Pacific		349.1			307.2			340.2
			1,824.70			1,543.80			1,374.90
	Total charges associated with restructuring activities		2.9			(17.8		)	(63.2		)
			$	1,827.60		$	1,526.00		$	1,311.70
	Total Assets:
	The Americas		$	4,346.20		$	3,838.00		$	3,616.50
Europe, the Middle East & Africa		2,657.00			2,610.80			2,311.60
Asia/Pacific		865.6			696.4			664.9
		$	7,868.80		$	7,145.20		$	6,593.00

Long-Lived Assets (property, plant and equipment, net):
The Americas		$	954.4		$	887.7		$	815.2
Europe, the Middle East & Africa		410.2			349.7			307.8
Asia/Pacific		138			113.3			108.8
		$	1,502.60		$	1,350.70		$	1,231.80

UNAUDITED_QUARTERLY_FINANCIAL_1

UNAUDITED QUARTERLY FINANCIAL DATA (Tables)	12 Months Ended
	Jun. 30, 2014
UNAUDITED QUARTERLY FINANCIAL DATA	'
Summary of unaudited quarterly operating results	'

		Quarter Ended
	(In millions, except per share data)	September 30 (1)		December 31 (2)		March 31 (3)		June 30 (4)		Total Year

	Fiscal 2014
	Net Sales(5)	$	2,675.00	$	3,018.70	$	2,549.80	$	2,725.30	$	10,968.80
	Gross Profit	2,130.90		2,437.10		2,051.10		2,191.50		8,810.60
	Operating Income(5)	449.5		656.3		341.6		380.2		1,827.60
	Net Earnings Attributable to The Estée Lauder Companies Inc.	300.7		432.5		213.2		257.7		1,204.10

	Net earnings attributable to The Estée Lauder Companies Inc. per common share:
	Basic	0.78		1.11		0.55		0.67		3.12
	Diluted	0.76		1.09		0.54		0.66		3.06

	Fiscal 2013
	Net Sales(5)	$	2,549.50	$	2,933.00	$	2,291.80	$	2,407.40	$	10,181.70
	Gross Profit	2,010.30		2,365.00		1,848.70		1,931.80		8,155.80
	Operating Income(5)	482		653.1		245.1		145.8		1,526.00
	Net Earnings Attributable to The Estée Lauder Companies Inc.	299.5		447.5		178.8		94		1,019.80

	Net earnings attributable to The Estée Lauder Companies Inc. per common share:
	Basic	0.77		1.16		0.46		0.24		2.63
	Diluted	0.76		1.13		0.45		0.24		2.58

	(1) Fiscal 2014 first quarter results include charges associated with restructuring activities of $(1.2) million. Fiscal 2013 first quarter results include charges associated with restructuring activities of $(0.4) million, debt extinguishment charges of $(19.1) million ($(12.2) million after tax, or $(.03) per diluted common share), certain out-of-period adjustments of $(5.9) million ($(7.4) million after tax, or $(.02) per diluted common share) and other income of $1.8 million ($1.2 million after tax).

	(2) Fiscal 2014 second quarter results include adjustments associated with restructuring activities of $3.5 million ($2.3 million after tax, or $.01 per diluted common share. Fiscal 2013 second quarter results include charges associated with restructuring activities of $(14.6) million ($(9.5) million after tax, or $(.02) per diluted common share), certain out-of-period adjustments of $13.6 million ($9.1 million after tax, or $.02 per diluted common share) and other income of $21.3 million ($13.6 million after tax, or $.03 per diluted common share).

	(3) Fiscal 2014 third quarter results include charges associated with restructuring activities of $(0.2) million and a charge related to the remeasurement of net monetary assets in Venezuela of $(38.3) million, before and after tax, or $(.10) per diluted common share. Fiscal 2013 third quarter results include adjustments associated with restructuring activities of $1.7 million ($1.0 million after tax).

	(4) Fiscal 2014 fourth quarter results include adjustments associated with restructuring activities of $0.8 million. Fiscal 2013 fourth quarter results include charges associated with restructuring activities of $(4.5) million ($(2.8) million after tax, or $(.01) per diluted common share) and goodwill and other intangible asset impairment charges of $(17.7) million ($(15.0) million after tax, or $(.04) per diluted common share.

	(5) As a result of the Company’s July 2014 SMI rollout, approximately $178 million of accelerated orders were recorded as net sales (approximately $127 million as operating income or $.21 per diluted common share) in the fiscal 2014 fourth quarter that the Company believes would normally occur in the fiscal 2015 first quarter. As a result of the Company’s January 2013 SMI rollout, approximately $94 million of accelerated orders were recorded as net sales (approximately $78 million of operating income or $.13 per diluted common share) in the fiscal 2013 second quarter that likely would have occurred in the fiscal 2013 third quarter.

SUMMARY_OF_SIGNIFICANT_ACCOUNT2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) (USD $)	3 Months Ended								12 Months Ended
In Millions, unless otherwise specified	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Dec. 31, 2012	Sep. 30, 2012	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2012
	item	Mar. 31, 2014	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Dec. 31, 2012	Sep. 30, 2012	item	Jun. 30, 2013	Jun. 30, 2012
Currency Translation and Transactions	'	'	'	'	'	'	'	'	'	'	'
Unrealized translation gains (losses), net of tax	'	'	'	'	'	'	'	'	$95.10	($25.60)	($154.20)
Remeasurement charge	'	-38.3	'	'	'	'	'	'	-38.3	-2.8	'
Net exchange gains (losses) on foreign currency transactions	'	'	'	'	'	'	'	'	46.7	3.5	0.5
Cash and Cash Equivalents	'	'	'	'	'	'	'	'	'	'	'
Short-term time deposits	971.9	'	'	'	843.5	'	'	'	971.9	843.5	'
Cash and cash equivalents held by first financial institution (as a percent)	17.00%	'	'	'	'	'	'	'	17.00%	'	'
Cash and cash equivalents held by second financial institution (as a percent)	16.00%	'	'	'	'	'	'	'	16.00%	'	'
Number of financial institutions	2	'	'	'	'	'	'	'	2	'	'
Accounts Receivable	'	'	'	'	'	'	'	'	'	'	'
Allowance for doubtful accounts and customer deductions	23.9	'	'	'	22.7	'	'	'	23.9	22.7	'
Revenue Recognition	'	'	'	'	'	'	'	'	'	'	'
Product return by customers (as a percent)	'	'	'	'	'	'	'	'	3.40%	3.30%	3.50%
Payments to Customers	'	'	'	'	'	'	'	'	'	'	'
Payments to customers	'	'	'	'	'	'	'	'	1,410	1,412	1,343
Advertising and Promotion	'	'	'	'	'	'	'	'	'	'	'
Global net expenses for advertising, merchandising, sampling, promotion and product development costs	'	'	'	'	'	'	'	'	2,840	2,754.80	2,614.50
Global net expenses excluding purchase with purchase, gift with purchase, for advertising, merchandising, sampling, promotion and product development costs	'	'	'	'	'	'	'	'	2,618.10	2,541	2,417.60
Research and Development	'	'	'	'	'	'	'	'	'	'	'
Costs related to research and development activities which includes research and development, product innovation, and packaging design and development	'	'	'	'	'	'	'	'	157.9	146.8	137.8
Shipping and Handling	'	'	'	'	'	'	'	'	'	'	'
Shipping and handling expenses	'	'	'	'	'	'	'	'	373.6	337.9	312.4
Significant accounting policies	'	'	'	'	'	'	'	'	'	'	'
Net Sales	2,725.30	2,549.80	3,018.70	2,675	2,407.40	2,291.80	2,933	2,549.50	10,968.80	10,181.70	9,713.60
Accounts receivable, net	1,379.30	'	'	'	1,171.70	'	'	'	1,379.30	1,171.70	'
Net Sales \| Largest Customer	'	'	'	'	'	'	'	'	'	'	'
Significant accounting policies	'	'	'	'	'	'	'	'	'	'	'
Net Sales	'	'	'	'	'	'	'	'	1,142.70	1,078.80	1,048.10
Concentration of credit risk (as a percent)	'	'	'	'	'	'	'	'	10.00%	11.00%	11.00%
Accounts Receivable \| Largest Customer	'	'	'	'	'	'	'	'	'	'	'
Significant accounting policies	'	'	'	'	'	'	'	'	'	'	'
Accounts receivable, net	$158.50	'	'	'	$113.70	'	'	'	$158.50	$113.70	'
Concentration of credit risk (as a percent)	'	'	'	'	'	'	'	'	11.00%	10.00%	'
Venezuelan bolivar fuerte	'	'	'	'	'	'	'	'	'	'	'
Significant accounting policies	'	'	'	'	'	'	'	'	'	'	'
Exchange rate used to remeasure the monetary assets and liabilities of the Venezuelan subsidiary	'	'	6.3	'	'	'	'	'	'	'	'
Venezuelan bolivar fuerte \| SICAD II	'	'	'	'	'	'	'	'	'	'	'
Significant accounting policies	'	'	'	'	'	'	'	'	'	'	'
Exchange rate used to remeasure the monetary assets and liabilities of the Venezuelan subsidiary	49.98	'	'	'	'	'	'	'	49.98	'	'

SUMMARY_OF_SIGNIFICANT_ACCOUNT3

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details 2)	12 Months Ended
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details 2)	Jun. 30, 2014
Minimum	'
Property, plant and equipment	'
Property, Plant and Equipment, Useful Life	'3 years
Maximum	'
Property, plant and equipment	'
Property, Plant and Equipment, Useful Life	'40 years

SUMMARY_OF_SIGNIFICANT_ACCOUNT4

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details 3) (License agreements)	12 Months Ended
	Jun. 30, 2014
Minimum	'
Licensing Arrangements	'
License initial term	'5 years
License agreement, remaining or renewal term	'6 years
Maximum	'
Licensing Arrangements	'
License initial term	'11 years
License agreement, remaining or renewal term	'27 years

INVENTORY_AND_PROMOTIONAL_MERC2

INVENTORY AND PROMOTIONAL MERCHANDISE (Details) (USD $)	Jun. 30, 2014	Jun. 30, 2013
In Millions, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013
Inventory and promotional merchandise, net consists of:	'	'
Raw materials	$317.50	$274.20
Work in process	192.4	116.8
Finished goods	599.5	510.9
Promotional merchandise	184.6	212
Inventory and promotional merchandise, net	$1,294	$1,113.90

PROPERTY_PLANT_AND_EQUIPMENT_D

PROPERTY, PLANT AND EQUIPMENT (Details) (USD $)	12 Months Ended
In Millions, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2012
Property, plant and equipment	'	'	'
Property, Plant and Equipment	$3,529.90	$3,227.60	'
Less accumulated depreciation and amortization	2,027.30	1,876.90	'
Property, Plant and Equipment, net	1,502.60	1,350.70	1,231.80
Cost of assets related to projects in progress	229.9	178.7	'
Depreciation and amortization of property, plant and equipment	378.1	329.8	286.9
Minimum	'	'	'
Property, plant and equipment	'	'	'
Property, Plant and Equipment, Useful Life	'3 years	'	'
Maximum	'	'	'
Property, plant and equipment	'	'	'
Property, Plant and Equipment, Useful Life	'40 years	'	'
Land	'	'	'
Property, plant and equipment	'	'	'
Property, Plant and Equipment	15.4	14.7	'
Buildings and improvements	'	'	'
Property, plant and equipment	'	'	'
Property, Plant and Equipment	205	195.4	'
Buildings and improvements \| Minimum	'	'	'
Property, plant and equipment	'	'	'
Property, Plant and Equipment, Useful Life	'10 years	'10 years	'
Buildings and improvements \| Maximum	'	'	'
Property, plant and equipment	'	'	'
Property, Plant and Equipment, Useful Life	'40 years	'40 years	'
Machinery and equipment	'	'	'
Property, plant and equipment	'	'	'
Property, Plant and Equipment	673.9	647.9	'
Machinery and equipment \| Minimum	'	'	'
Property, plant and equipment	'	'	'
Property, Plant and Equipment, Useful Life	'3 years	'3 years	'
Machinery and equipment \| Maximum	'	'	'
Property, plant and equipment	'	'	'
Property, Plant and Equipment, Useful Life	'10 years	'10 years	'
Computer hardware and software	'	'	'
Property, plant and equipment	'	'	'
Property, Plant and Equipment	994.8	948.4	'
Computer hardware and software \| Minimum	'	'	'
Property, plant and equipment	'	'	'
Property, Plant and Equipment, Useful Life	'4 years	'4 years	'
Computer hardware and software \| Maximum	'	'	'
Property, plant and equipment	'	'	'
Property, Plant and Equipment, Useful Life	'10 years	'10 years	'
Furniture and fixtures	'	'	'
Property, plant and equipment	'	'	'
Property, Plant and Equipment	75.1	71.6	'
Furniture and fixtures \| Minimum	'	'	'
Property, plant and equipment	'	'	'
Property, Plant and Equipment, Useful Life	'5 years	'5 years	'
Furniture and fixtures \| Maximum	'	'	'
Property, plant and equipment	'	'	'
Property, Plant and Equipment, Useful Life	'10 years	'10 years	'
Leasehold improvements	'	'	'
Property, plant and equipment	'	'	'
Property, Plant and Equipment	$1,565.70	$1,349.60	'

GOODWILL_AND_OTHER_INTANGIBLE_2

GOODWILL AND OTHER INTANGIBLE ASSETS (Details) (USD $)	12 Months Ended
In Millions, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2012
Goodwill by reporting unit	'	'	'
Goodwill, gross	$966.70	$954.50	$947.40
Accumulated impairments	-73.5	-73	-64.8
Changes in goodwill	'	'	'
Goodwill at the beginning of the period	881.5	882.6	'
Goodwill acquired during the period	10.3	9.2	'
Impairment charges	'	-9.6	'
Translation and other adjustments	1.4	-0.7	'
Goodwill, Period Increase (Decrease)	11.7	-1.1	'
Goodwill at the end of the period	893.2	881.5	'
Skin Care	'	'	'
Goodwill by reporting unit	'	'	'
Goodwill, gross	68.9	67.7	68.1
Accumulated impairments	-33.6	-32.5	-23.6
Changes in goodwill	'	'	'
Goodwill at the beginning of the period	35.2	44.5	'
Impairment charges	'	-9.6	'
Translation and other adjustments	0.1	0.3	'
Goodwill, Period Increase (Decrease)	0.1	-9.3	'
Goodwill at the end of the period	35.3	35.2	'
Makeup	'	'	'
Goodwill by reporting unit	'	'	'
Goodwill, gross	440.7	430.4	421.1
Changes in goodwill	'	'	'
Goodwill at the beginning of the period	430.4	421.1	'
Goodwill acquired during the period	10.3	9.2	'
Translation and other adjustments	'	0.1	'
Goodwill, Period Increase (Decrease)	10.3	9.3	'
Goodwill at the end of the period	440.7	430.4	'
Fragrance	'	'	'
Goodwill by reporting unit	'	'	'
Goodwill, gross	54.8	54.8	54.8
Changes in goodwill	'	'	'
Goodwill at the beginning of the period	'	'	54.8
Goodwill at the end of the period	54.8	54.8	54.8
Hair Care	'	'	'
Goodwill by reporting unit	'	'	'
Goodwill, gross	402.3	401.6	403.4
Accumulated impairments	-39.9	-40.5	-41.2
Changes in goodwill	'	'	'
Goodwill at the beginning of the period	361.1	362.2	'
Translation and other adjustments	1.3	-1.1	'
Goodwill, Period Increase (Decrease)	1.3	-1.1	'
Goodwill at the end of the period	$362.40	$361.10	'

GOODWILL_AND_OTHER_INTANGIBLE_3

GOODWILL AND OTHER INTANGIBLE ASSETS (Details 2) (USD $)	12 Months Ended
In Millions, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2012
Amortizable intangible assets:	'	'	'
Gross Carrying Value	$311.30	$311	'
Accumulated Amortization	259.7	247.1	'
Total Net Book Value	51.6	63.9	'
Aggregate amortization expense for amortizable intangible assets	12.4	12.5	13.9
Non-amortizable intangible assets:	'	'	'
Trademarks and other	105.7	105.7	'
Total intangible assets	157.3	169.6	'
Estimated aggregate amortization expense	'	'	'
Estimated aggregate amortization expense for fiscal year 2015	12.1	'	'
Estimated aggregate amortization expense for fiscal year 2016	11.9	'	'
Estimated aggregate amortization expense for fiscal year 2017	9.9	'	'
Estimated aggregate amortization expense for fiscal year 2018	8.4	'	'
Estimated aggregate amortization expense for fiscal year 2019	7.5	'	'
Customer lists and other	'	'	'
Amortizable intangible assets:	'	'	'
Gross Carrying Value	268.3	268	'
Accumulated Amortization	216.7	204.1	'
Total Net Book Value	51.6	63.9	'
Customer lists and other \| Minimum	'	'	'
Amortizable intangible assets:	'	'	'
Useful Life	'2 years	'	'
Customer lists and other \| Maximum	'	'	'
Amortizable intangible assets:	'	'	'
Useful Life	'20 years	'	'
License agreements	'	'	'
Amortizable intangible assets:	'	'	'
Gross Carrying Value	43	43	'
Accumulated Amortization	$43	$43	'
License agreements \| Minimum	'	'	'
Amortizable intangible assets:	'	'	'
Useful Life	'5 years	'	'
License agreements \| Maximum	'	'	'
Amortizable intangible assets:	'	'	'
Useful Life	'11 years	'	'

GOODWILL_AND_OTHER_INTANGIBLE_4

GOODWILL AND OTHER INTANGIBLE ASSETS (Details 3) (USD $)	12 Months Ended	3 Months Ended
In Millions, unless otherwise specified	Jun. 30, 2013	Jun. 30, 2013	Jun. 30, 2013
		Darphin	Trademark
			Darphin
Impairment charges:	'	'	'
Impairment charge for goodwill	$9.60	$9.60	'
Impairment charge for trademarks	'	'	$8.10

RETURNS_AND_CHARGES_ASSOCIATED2

RETURNS AND CHARGES ASSOCIATED WITH RESTRUCTURING ACTIVITIES (Details) (USD $)

3 Months Ended

12 Months Ended

In Millions, unless otherwise specified

Jun. 30, 2014

Mar. 31, 2014

Dec. 31, 2013

Sep. 30, 2013

Jun. 30, 2013

Mar. 31, 2013

Dec. 31, 2012

Sep. 30, 2012

Jun. 30, 2014

Jun. 30, 2013

Jun. 30, 2012

Jun. 30, 2011

Jun. 30, 2010

Jun. 30, 2009

Total Restructuring Charges (adjustments)

Cumulative restructuring charges incurred through June 30, 2014

$317.50

Restructuring and related activities

Beginning balance

28.4

49.2

28.4

49.2

Charges (adjustments)

-2.9

14.6

53.6

41.1

48.8

70.3

Cash payments

-17.9

-31.2

Non-cash write-offs

-2.1

Translation adjustments

0.3

0.2

Other adjustments

-2.3

Ending balance

7.9

28.4

7.9

28.4

49.2

Expected cash expenditures for restructuring charges, fiscal 2015

Expected cash expenditures for restructuring charges, fiscal 2016

Total charges (adjustments) associated with restructuring activities

-0.8

0.2

-3.5

1.2

4.5

-1.7

14.6

0.4

-2.9

17.8

63.2

Restructuring charges (adjustments)

Total Restructuring Charges (adjustments)

Cumulative restructuring charges incurred through June 30, 2014

225.5

Restructuring and related activities

Total charges (adjustments) associated with restructuring activities

-2.9

14.6

53.6

Sales returns (included in Net Sales)

Restructuring and related activities

Total charges (adjustments) associated with restructuring activities

-0.1

1.5

2.1

Cost of sales

Restructuring and related activities

Total charges (adjustments) associated with restructuring activities

0.1

1.2

1.5

Other Charges

Restructuring and related activities

Total charges (adjustments) associated with restructuring activities

0.5

Employee-Related Costs

Restructuring and related activities

Beginning balance

27.5

47.9

27.5

47.9

Charges (adjustments)

-4.1

7.7

37.1

34.6

29.3

60.9

Cash payments

-16.6

-26

Translation adjustments

0.3

0.2

Other adjustments

-2.3

Ending balance

7.1

27.5

7.1

27.5

47.9

Employee-Related Costs | Restructuring charges (adjustments)

Total Restructuring Charges (adjustments)

Cumulative restructuring charges incurred through June 30, 2014

165.5

Asset Write-offs

Restructuring and related activities

Charges (adjustments)

2.1

1.7

2.4

4.2

Non-cash write-offs

-2.1

Asset Write-offs | Restructuring charges (adjustments)

Total Restructuring Charges (adjustments)

Cumulative restructuring charges incurred through June 30, 2014

21.4

Contract Terminations

Restructuring and related activities

Beginning balance

0.2

0.8

0.2

0.8

Charges (adjustments)

1.2

1.5

12.6

2.3

3.4

Cash payments

-0.8

-2.1

Translation adjustments

0.1

Ending balance

0.7

0.2

0.7

0.2

0.8

Contract Terminations | Restructuring charges (adjustments)

Total Restructuring Charges (adjustments)

Cumulative restructuring charges incurred through June 30, 2014

Other Exit Costs

Restructuring and related activities

Beginning balance

0.7

0.5

0.7

0.5

Charges (adjustments)

3.3

2.2

1.1

6.2

1.8

Cash payments

-0.5

-3.1

Translation adjustments

-0.1

Ending balance

0.1

0.7

0.1

0.7

0.5

Other Exit Costs | Restructuring charges (adjustments)

Total Restructuring Charges (adjustments)

Cumulative restructuring charges incurred through June 30, 2014

$14.60

INCOME_TAXES_Details

INCOME TAXES (Details) (USD $)	12 Months Ended
In Millions, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2012
Current:	'	'	'
Federal	$338.20	$261.70	$154.50
Foreign	265.4	241.5	254.1
State and local	20.5	24.3	14.1
Total	624.1	527.5	422.7
Deferred:	'	'	'
Federal	-41.7	-35.2	-13.8
Foreign	-18.6	-41.3	-9
State and local	3.9	0.4	0.7
Total	-56.4	-76.1	-22.1
Provision for income taxes	567.7	451.4	400.6
Amounts contributed by the Company's foreign operations included in earnings before income taxes	1,384	1,220	1,172
Reconciliation of the U.S. federal statutory income tax rate and entity's actual effective tax rate on earnings before income taxes	'	'	'
Provision for income taxes at statutory rate (as a percent)	35.00%	35.00%	35.00%
Increase (decrease) due to:	'	'	'
State and local income taxes, net of federal tax benefit (as a percent)	1.40%	1.30%	1.10%
Taxation of foreign operations (as a percent)	-4.00%	-4.90%	-4.20%
Income tax reserve adjustments (as a percent)	-0.50%	-1.00%	-0.80%
Other, net (as a percent)	0.10%	0.20%	0.70%
Effective tax rate (as a percent)	32.00%	30.60%	31.80%
Undistributed earnings of foreign subsidiaries on which Federal income and foreign withholding taxes have not been provided	2,403	'	'
Deferred tax assets:	'	'	'
Compensation related expenses	199.1	177	'
Inventory obsolescence and other inventory related reserves	80.1	76.1	'
Retirement benefit obligations	94	81.5	'
Various accruals not currently deductible	174.5	179.9	'
Net operating loss, credit and other carryforwards	111.3	89.6	'
Unrecognized state tax benefits and accrued interest	19.3	19	'
Other differences between tax and financial statement values	83.9	83.4	'
Deferred tax assets, gross	762.2	706.5	'
Valuation allowance for deferred tax assets	-115.2	-92.9	'
Total deferred tax assets	647	613.6	'
Deferred tax liabilities:	'	'	'
Depreciation and amortization	-248	-249.9	'
Other differences between tax and financial statement values	-18.4	-17.4	'
Total deferred tax liabilities	-266.4	-267.3	'
Total net deferred tax assets	380.6	346.3	'
Current net deferred tax assets	295.1	296	'
Noncurrent net deferred tax assets	85.5	50.3	'
Net operating loss and other carryforwards	429	349	'
Portion of net operating loss and other carryforwards with indefinite carryforward period	412	'	'
Deferred tax assets, net of valuation allowances recorded to reflect the tax benefits of the carryforwards not utilized to date	11.1	9	'
Gross unrecognized tax benefits	58.1	64	78.5
Total amount of unrecognized tax benefits that, if recognized, would affect the effective tax rate	41.1	'	'
Gross interest and penalty benefit	1.7	8.2	'
Gross accrued interest and penalties related to unrecognized tax benefits	12.5	17.4	'
Reconciliation of the beginning and ending amount of gross unrecognized tax benefits	'	'	'
Beginning of the year balance of gross unrecognized tax benefits	64	78.5	'
Gross amounts of increases as a result of tax positions taken during a prior period	5.1	5.6	'
Gross amounts of decreases as a result of tax positions taken during a prior period	-10.5	-9.8	'
Gross amounts of increases as a result of tax positions taken during the current period	10.1	8.4	'
Amounts of decreases in unrecognized tax benefits relating to settlements with taxing authorities	-6.4	-6.8	'
Reductions to unrecognized tax benefits as a result of a lapse of the applicable statutes of limitations	-4.2	-11.9	'
End of year balance of gross unrecognized tax benefits	58.1	64	78.5
Assessed corporate income tax and interest, net of tax	'	'	3.8
Increase to the provision for income tax for disallowance of tax deductions claimed by its subsidiary in Spain	'	'	3.8
Cash payment to Foreign tax authority as an advance deposit towards limit the additional interest	'	'	$4.10

OTHER_ACCRUED_LIABILITIES_Deta

OTHER ACCRUED LIABILITIES (Details) (USD $)	Jun. 30, 2014	Jun. 30, 2013
In Millions, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013
OTHER ACCRUED LIABILITIES	'	'
Advertising, merchandising and sampling	$301.70	$318.60
Employee compensation	468.2	433.3
Payroll and other taxes	161.2	135.7
Accrued income taxes	113.6	81.3
Other	469.1	465.7
Total	$1,513.80	$1,434.60

DEBT_Details

DEBT (Details) (USD $)

3 Months Ended

1 Months Ended

12 Months Ended

1 Months Ended

12 Months Ended

1 Months Ended

Sep. 30, 2012

Jun. 30, 2014

Jun. 30, 2013

Jun. 30, 2014

Jun. 30, 2013

Aug. 31, 2012

Jun. 30, 2014

Jun. 30, 2013

31-May-07

Apr. 30, 2007

Jun. 30, 2014

Jun. 30, 2013

Sep. 30, 2003

31-May-03

Jun. 30, 2014

Jun. 30, 2013

Aug. 31, 2012

Jun. 30, 2014

Jun. 30, 2013

31-May-07

Jun. 30, 2011

Sep. 30, 2012

Jun. 30, 2014

Jun. 30, 2013

Jun. 30, 2014

Jun. 30, 2013

Jun. 30, 2014

Jul. 31, 2014

Jun. 30, 2014

3.70% Senior Notes due August 15, 2042 (2042 Senior Notes)

6.00% Senior Notes, due May 15, 2037 ("2037 Senior Notes")

5.75% Senior Notes, due October 15, 2033 ("2033 Senior Notes")

2.35% Senior Notes due August 15, 2022 (2022 Senior Notes)

5.55% Senior Notes, due May 15, 2017 ("2017 Senior Notes")

7.75% Senior Notes, due November 1, 2013 ("2013 Senior Notes")

Commercial paper

Loan participation notes

Other long-term borrowings

Other current borrowings

Revolving credit facility

Revolving credit facility, due July 2019

Revolving credit facility, due July 2015

Interest rate swap agreements

Treasury lock agreements

Interest rate swap agreements

Subsequent event

Maximum

LIBOR

Prime rate

Federal funds rate

Subsequent event

Current and long-term debt and available financing

Current and long-term debt

$1,343,100,000

$1,344,300,000

$249,000,000

$248,900,000

$296,600,000

$296,500,000

$197,800,000

$249,800,000

$321,100,000

$328,000,000

$10,400,000

$5,000,000

$18,400,000

$18,300,000

Less current debt including current maturities

-18,400,000

-18,300,000

Long-term debt, excluding current maturities

1,324,700,000

1,326,000,000

Interest rate, stated percentage

3.70%

6.00%

5.75%

2.35%

5.55%

Available financing, committed

1,000,000,000

Principal amount

250,000,000

300,000,000

200,000,000

250,000,000

300,000,000

Unamortized debt discount

1,000,000

3,400,000

2,200,000

200,000

Debt issuance price (as a percent)

99.57%

98.72%

98.65%

99.91%

99.85%

Yield or effective interest rate (as a percent)

3.72%

6.18%

6.09%

5.40%

5.85%

2.36%

5.57%

Notional amount

210,000,000

195,000,000

Weighted-average all-in rate (as a percent)

5.45%

4.53%

Loss on derivative instruments recognized in other comprehensive income

900,000

Cash received on settlement of derivative

15,000,000

47,400,000

Remaining termination value

21,300,000

Notional amount terminated

250,000,000

Repayment of debt

230,100,000

Redemption price as a percentage of principal amount of debt

108.00%

Pre-tax expense on the extinguishment of debt

19,100,000

Call premium on extinguishment of debt

18,600,000

Pro-rata write-off of issuance costs and debt discount on the extinguishment of debt

500,000

Maximum borrowing capacity

1,000,000,000

Commercial paper, outstanding amount

Weighted-average interest rate (as a percent)

9.20%

8.80%

Available financing, uncommitted

1,349,800,000

1,000,000,000

150,000,000

199,800,000

Undrawn amount

1,000,000,000

Extension period

'2 years

Amount of borrowings outstanding

Senior notes, outstanding amount

Maximum borrowing capacity for multi-currency loans

350,000,000

Variable interest rate base

'LIBOR

'Prime rate

'Federal funds rate

Variable interest rate spread

0.50%

Incurred costs to establish facility

1,000,000

Annual fee

600,000

Amount of financial obligation due, which if exceeded and which there is a failure to pay, would result in an event of default and acceleration of the maturity date

150,000,000

Monthly average amount outstanding

$13,700,000

$11,800,000

DERIVATIVE_FINANCIAL_INSTRUMEN2

DERIVATIVE FINANCIAL INSTRUMENTS (Details) (USD $)	Jun. 30, 2014	Jun. 30, 2013
In Millions, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013
Derivatives, Fair Value	'	'
Total Derivative asset, fair value	$4.20	$21.70
Total Derivative liability, fair value	19.1	9.1
Derivatives designated as hedging instruments \| Foreign currency forward contracts \| Prepaid expenses and other current assets	'	'
Derivatives, Fair Value	'	'
Derivative asset, fair value	3.4	20.8
Derivatives designated as hedging instruments \| Foreign currency forward contracts \| Other accrued liabilities	'	'
Derivatives, Fair Value	'	'
Derivative liability, fair value	18.2	6.4
Derivatives not designated as hedging instruments \| Foreign currency forward contracts \| Prepaid expenses and other current assets	'	'
Derivatives, Fair Value	'	'
Derivative asset, fair value	0.8	0.9
Derivatives not designated as hedging instruments \| Foreign currency forward contracts \| Other accrued liabilities	'	'
Derivatives, Fair Value	'	'
Derivative liability, fair value	$0.90	$2.70

DERIVATIVE_FINANCIAL_INSTRUMEN3

DERIVATIVE FINANCIAL INSTRUMENTS (Details 2) (USD $)	12 Months Ended
In Millions, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013
Foreign currency forward contracts \| Selling, general and administrative \| Derivatives not designated as hedging instruments	'	'
Gain (loss) on derivative financial instruments	'	'
Amount of Gain or (Loss) Recognized in Earnings on Derivatives	$1.90	($2.10)
Derivatives in cash flow hedging relationships	'	'
Gain (loss) on derivative financial instruments	'	'
Amount of Gain or (Loss) Recognized in OCI on Derivatives (Effective Portion)	-22.2	10.3
Amount of Gain or (Loss) Reclassified from AOCI into Earnings (Effective Portion)	7.2	8.8
Gain recognized in earnings related to the amount excluded from effectiveness testing	0.4	1.8
Loss recognized in earnings related to the ineffective portion of the hedging relationships	0.5	0.2
Derivatives in cash flow hedging relationships \| Foreign currency forward contracts	'	'
Gain (loss) on derivative financial instruments	'	'
Amount of Gain or (Loss) Recognized in OCI on Derivatives (Effective Portion)	-22.2	10.3
Derivatives in cash flow hedging relationships \| Foreign currency forward contracts \| Cost of sales	'	'
Gain (loss) on derivative financial instruments	'	'
Amount of Gain or (Loss) Reclassified from AOCI into Earnings (Effective Portion)	4.5	-1.8
Derivatives in cash flow hedging relationships \| Foreign currency forward contracts \| Selling, general and administrative	'	'
Gain (loss) on derivative financial instruments	'	'
Amount of Gain or (Loss) Reclassified from AOCI into Earnings (Effective Portion)	$2.70	$10.60

DERIVATIVE_FINANCIAL_INSTRUMEN4

DERIVATIVE FINANCIAL INSTRUMENTS (Details 3) (USD $)

12 Months Ended

In Millions, unless otherwise specified

Jun. 30, 2014

Jun. 30, 2013

Jun. 30, 2014

Jun. 30, 2013

Jun. 30, 2014

Jun. 30, 2013

Jun. 30, 2014

Jun. 30, 2013

Jun. 30, 2014

Jun. 30, 2013

Jun. 30, 2014

Jun. 30, 2013

Jun. 30, 2014

Jun. 30, 2013

Jun. 30, 2014

Jun. 30, 2013

agency

Derivative

Foreign currency forward contracts

British pound

Euro

Swiss franc

Canadian dollar

Australian dollar

Thailand baht

Japanese yen

Hong Kong dollar

counterparty

Accumulated other comprehensive income (loss) from foreign currency cash-flow hedges

Derivatives in cash flow hedging relationships

Foreign currency forward contracts

Derivatives in cash flow hedging relationships

Foreign Currency Cash-Flow Hedges

Amount expected to be reclassified from AOCI into earnings, net of tax, within the next twelve months

$6.50

Accumulated gain or (loss) on foreign currency cash-flow hedges in AOCI, before tax

-12.5

16.9

Notional amount of foreign currency forward contracts

1,597.30

1,579.60

267.2

426.2

239.8

268.8

170.4

111.5

138.6

198.6

111.3

92.1

75.5

108

103

58.1

Credit Risk

Minimum number of nationally recognized rating agencies

Maximum exposure to credit risk in the event of nonperformance by counterparties, gross fair value of contracts in asset positions

4.2

Credit-risk-related contingent features

Derivative contracts, number of counterparties

Period after which credit-risk related contingent features would trigger if the Company fails to enter into an International Swaps & Derivatives Association Credit Support Annex as requested by the counterparty

'30 days

Credit-risk-related derivative contracts in net asset position, fair value

$4.50

FAIR_VALUE_MEASUREMENTS_Detail

FAIR VALUE MEASUREMENTS (Details) (USD $)	Jun. 30, 2014	Jun. 30, 2013
In Millions, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013
Assets measured at fair value	'	'
Foreign currency forward contracts	$4.20	$21.70
Liabilities:	'	'
Foreign currency forward contracts	19.1	9.1
Fair Value	'	'
Assets measured at fair value	'	'
Available-for-sale securities	7.6	6.5
Recurring basis \| Fair Value	'	'
Assets measured at fair value	'	'
Foreign currency forward contracts	4.2	21.7
Available-for-sale securities	7.6	6.5
Assets measured at fair value	11.8	28.2
Liabilities:	'	'
Foreign currency forward contracts	19.1	9.1
Recurring basis \| Level 1	'	'
Assets measured at fair value	'	'
Available-for-sale securities	7.6	6.5
Assets measured at fair value	7.6	6.5
Recurring basis \| Level 2	'	'
Assets measured at fair value	'	'
Foreign currency forward contracts	4.2	21.7
Assets measured at fair value	4.2	21.7
Liabilities:	'	'
Foreign currency forward contracts	$19.10	$9.10

FAIR_VALUE_MEASUREMENTS_Detail1

FAIR VALUE MEASUREMENTS (Details 2) (USD $)	3 Months Ended	12 Months Ended
In Millions, unless otherwise specified	Jun. 30, 2013	Jun. 30, 2013	Jun. 30, 2012
Impairment charges	'	'	'
Goodwill impairment	'	$9.60	'
Total impairment charges	17.7	17.7	21.7
Nonrecurring basis	'	'	'
Impairment charges	'	'	'
Total impairment charges	'	17.7	'
Nonrecurring basis \| Carrying Value, April 1, 2013	'	'	'
Impairment charges	'	'	'
Goodwill impairment	'	9.6	'
Nonrecurring basis \| Carrying Value, April 1, 2013 \| Trademark	'	'	'
Impairment charges	'	'	'
Impairment charges-other intangible assets, net	'	$8.10	'

FAIR_VALUE_MEASUREMENTS_Detail2

FAIR VALUE MEASUREMENTS (Details 3) (USD $)	12 Months Ended
In Millions, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2014	Jun. 30, 2014	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
		LIBOR	Swap yield curve	Carrying Value	Carrying Value	Carrying Value	Carrying Value	Fair Value	Fair Value	Fair Value	Fair Value
		Foreign currency forward contracts	Foreign currency forward contracts			Foreign currency forward contracts	Foreign currency forward contracts			Foreign currency forward contracts	Foreign currency forward contracts
Estimated fair values of financial instruments	'	'	'	'	'	'	'	'	'	'	'
Implied market rate applied to fair value of the receivable related to sale of assets (as a percent)	6.10%	'	'	'	'	'	'	'	'	'	'
Basis points of increase or decrease in the risk premium that would not result in a significant change to the fair value of the receivable (as a percent)	1.00%	'	'	'	'	'	'	'	'	'	'
Nonderivatives	'	'	'	'	'	'	'	'	'	'	'
Cash and cash equivalents	'	'	'	$1,629.10	$1,495.70	'	'	$1,629.10	$1,495.70	'	'
Available-for-sale securities	'	'	'	7.6	6.5	'	'	7.6	6.5	'	'
Note receivable	'	'	'	8.4	16.8	'	'	8.5	16.9	'	'
Current and long-term debt	'	'	'	1,343.10	1,344.30	'	'	1,428.30	1,387.80	'	'
Derivatives	'	'	'	'	'	'	'	'	'	'	'
Foreign currency forward contracts - asset (liability)	'	'	'	'	'	($14.90)	$12.60	'	'	($14.90)	$12.60
Contract maturities, maximum	'	'12 months	'	'	'	'	'	'	'	'	'
Contract maturities greater than	'	'	'12 months	'	'	'	'	'	'	'	'

PENSION_DEFERRED_COMPENSATION_2

PENSION, DEFERRED COMPENSATION AND POST-RETIREMENT BENEFIT PLANS (Details) (USD $)	12 Months Ended
In Millions, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2012
Change in plan assets:	'	'	'
Fair value of plan assets at end of year	$1,268.50	$1,126	'
Amounts recognized in the Balance Sheet consist of:	'	'	'
Accumulated other comprehensive loss	338.2	'	'
Pension Plans U.S.	'	'	'
Change in benefit obligation:	'	'	'
Benefit obligation at beginning of year	676	706.1	'
Service cost, net	31.6	33.8	27.7
Interest cost	31.2	26.6	29.8
Actuarial loss (gain)	51.4	-61.1	'
Benefits, expenses, taxes and premiums paid from plan assets	-36.8	-29.4	'
Plan amendments	1.8	'	'
Benefit obligation at end of year	755.2	676	706.1
Change in plan assets:	'	'	'
Fair value of plan assets at beginning of year	659.7	645.6	'
Actual return on plan assets	92.9	37.4	'
Employer contributions	7.2	6.1	'
Benefits, expenses, taxes and premiums paid from plan assets	-36.8	-29.4	'
Fair value of plan assets at end of year	723	659.7	645.6
Funded status	-32.2	-16.3	'
Amounts recognized in the Balance Sheet consist of:	'	'	'
Other assets	79.5	94	'
Other accrued liabilities	-14.1	-11.9	'
Other noncurrent liabilities	-97.6	-98.4	'
Funded status	-32.2	-16.3	'
Accumulated other comprehensive loss	149.8	150.8	'
Net amount recognized	117.6	134.5	'
Pension Plans International	'	'	'
Change in benefit obligation:	'	'	'
Benefit obligation at beginning of year	508.6	483.4	'
Service cost, net	24.8	24	22.3
Interest cost	19.1	17.9	18.8
Plan participant contributions	3.5	3	'
Actuarial loss (gain)	41.4	14.1	'
Foreign currency exchange rate impact	34.9	-8.7	'
Benefits, expenses, taxes and premiums paid from plan assets	-21.5	-23.3	'
Plan amendments	-8.5	'	'
Settlements and curtailments	-3.6	-4	'
Special termination benefits	'	2.2	'
Benefit obligation at end of year	598.7	508.6	483.4
Change in plan assets:	'	'	'
Fair value of plan assets at beginning of year	438.6	415.3	'
Actual return on plan assets	35.7	36.9	'
Foreign currency exchange rate impact	33.1	-15.4	'
Employer contributions	27.9	25.9	'
Plan participant contributions	3.5	3	'
Settlements	-3.6	-3.8	'
Benefits, expenses, taxes and premiums paid from plan assets	-21.5	-23.3	'
Fair value of plan assets at end of year	513.7	438.6	415.3
Funded status	-85	-70	'
Amounts recognized in the Balance Sheet consist of:	'	'	'
Other assets	55.7	50	'
Other accrued liabilities	-6.6	-5.2	'
Other noncurrent liabilities	-134.1	-114.8	'
Funded status	-85	-70	'
Accumulated other comprehensive loss	153.5	138	'
Net amount recognized	68.5	68	'
Post-retirement benefit other than pension plans	'	'	'
Change in benefit obligation:	'	'	'
Benefit obligation at beginning of year	169.7	201.1	'
Service cost, net	3.4	4.3	3.8
Interest cost	8	7.8	8.6
Plan participant contributions	0.8	0.9	'
Actuarial loss (gain)	12.3	-36.2	'
Foreign currency exchange rate impact	-0.5	-1	'
Benefits, expenses, taxes and premiums paid from plan assets	-7	-7.2	'
Benefit obligation at end of year	186.7	169.7	201.1
Change in plan assets:	'	'	'
Fair value of plan assets at beginning of year	27.7	26	'
Actual return on plan assets	4	1.7	'
Employer contributions	6.2	6.3	'
Plan participant contributions	0.8	0.9	'
Benefits, expenses, taxes and premiums paid from plan assets	-7	-7.2	'
Fair value of plan assets at end of year	31.7	27.7	26
Funded status	-155	-142	'
Amounts recognized in the Balance Sheet consist of:	'	'	'
Other accrued liabilities	-6.2	-6	'
Other noncurrent liabilities	-148.8	-136	'
Funded status	-155	-142	'
Accumulated other comprehensive loss	34.9	26.2	'
Net amount recognized	($120.10)	($115.80)	'

PENSION_DEFERRED_COMPENSATION_3

PENSION, DEFERRED COMPENSATION AND POST-RETIREMENT BENEFIT PLANS (Details 2) (USD $)	12 Months Ended
In Millions, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2012
Pension Plans U.S.	'	'	'
Components of net periodic benefit cost:	'	'	'
Service cost, net	$31.60	$33.80	$27.70
Interest cost	31.2	26.6	29.8
Expected return on assets	-46.8	-45.2	-38.9
Amortization of:	'	'	'
Actuarial loss (gain)	7.4	14.5	7.9
Prior service cost	0.7	0.7	0.7
Net periodic benefit cost	24.1	30.4	27.2
Weighted-average assumptions used to determine benefit obligations at June 30:	'	'	'
Discount rate (as a percent)	'	'	3.90%
Weighted-average assumptions used to determine net periodic benefit cost for the year ended June 30:	'	'	'
Discount rate (as a percent)	'	3.90%	5.40%
Expected return on assets (as a percent)	7.50%	7.50%	7.75%
Pension Plans U.S. \| Minimum	'	'	'
Weighted-average assumptions used to determine benefit obligations at June 30:	'	'	'
Discount rate (as a percent)	3.60%	4.30%	'
Rate of compensation increase (as a percent)	3.00%	4.00%	4.00%
Weighted-average assumptions used to determine net periodic benefit cost for the year ended June 30:	'	'	'
Discount rate (as a percent)	4.30%	'	'
Rate of compensation Increase (as a percent)	4.00%	4.00%	4.00%
Pension Plans U.S. \| Maximum	'	'	'
Weighted-average assumptions used to determine benefit obligations at June 30:	'	'	'
Discount rate (as a percent)	4.30%	4.90%	'
Rate of compensation increase (as a percent)	7.00%	12.00%	12.00%
Weighted-average assumptions used to determine net periodic benefit cost for the year ended June 30:	'	'	'
Discount rate (as a percent)	4.90%	'	'
Rate of compensation Increase (as a percent)	12.00%	12.00%	12.00%
Pension Plans International	'	'	'
Components of net periodic benefit cost:	'	'	'
Service cost, net	24.8	24	22.3
Interest cost	19.1	17.9	18.8
Expected return on assets	-20.8	-19.2	-21.1
Amortization of:	'	'	'
Actuarial loss (gain)	9.2	9.3	4.9
Prior service cost	2.9	2.8	3.3
Transition (asset) obligation	'	-0.1	'
Settlements	0.6	0.7	-0.3
Curtailments	'	-0.2	'
Special termination benefits	'	2.2	'
Net periodic benefit cost	35.8	37.4	27.9
Pension Plans International \| Minimum	'	'	'
Weighted-average assumptions used to determine benefit obligations at June 30:	'	'	'
Discount rate (as a percent)	0.50%	1.00%	1.00%
Rate of compensation increase (as a percent)	1.00%	1.00%	1.00%
Weighted-average assumptions used to determine net periodic benefit cost for the year ended June 30:	'	'	'
Discount rate (as a percent)	1.00%	1.00%	1.25%
Expected return on assets (as a percent)	2.25%	2.25%	2.00%
Rate of compensation Increase (as a percent)	1.00%	1.00%	2.00%
Pension Plans International \| Maximum	'	'	'
Weighted-average assumptions used to determine benefit obligations at June 30:	'	'	'
Discount rate (as a percent)	6.75%	7.25%	7.00%
Rate of compensation increase (as a percent)	5.50%	5.50%	6.00%
Weighted-average assumptions used to determine net periodic benefit cost for the year ended June 30:	'	'	'
Discount rate (as a percent)	7.25%	7.00%	8.25%
Expected return on assets (as a percent)	7.25%	7.00%	8.25%
Rate of compensation Increase (as a percent)	5.50%	6.00%	6.00%
Post-retirement benefit other than pension plans	'	'	'
Components of net periodic benefit cost:	'	'	'
Service cost, net	3.4	4.3	3.8
Interest cost	8	7.8	8.6
Expected return on assets	-2	-2	-1.2
Amortization of:	'	'	'
Actuarial loss (gain)	0.8	4.4	1.9
Prior service cost	0.8	0.8	0.3
Net periodic benefit cost	11	15.3	13.4
Weighted-average assumptions used to determine net periodic benefit cost for the year ended June 30:	'	'	'
Expected return on assets (as a percent)	7.50%	7.50%	7.75%
Assumed health care cost trend rates	'	'	'
Assumed weighted-average health care cost trend rate for the coming year (as a percent)	7.10%	'	'
Weighted-average ultimate trend rate (as a percent)	4.54%	'	'
Period after which ultimate trend rate is expected to be reached	'14 years	'	'
Effects of one-percentage-point change in assumed health care cost trend rates for fiscal 2014	'	'	'
Effect of one-percentage-point increase on total service and interest costs	1.3	'	'
Effect of one-percentage-point decrease on total service and interest costs	-1.1	'	'
Effect of one-percentage-point increase on post-retirement benefit obligations	13.9	'	'
Effect of one-percentage-point decrease on post-retirement benefit obligations	($12.10)	'	'
Post-retirement benefit other than pension plans \| Minimum	'	'	'
Weighted-average assumptions used to determine benefit obligations at June 30:	'	'	'
Discount rate (as a percent)	4.10%	4.75%	3.70%
Weighted-average assumptions used to determine net periodic benefit cost for the year ended June 30:	'	'	'
Discount rate (as a percent)	4.75%	3.70%	5.40%
Post-retirement benefit other than pension plans \| Maximum	'	'	'
Weighted-average assumptions used to determine benefit obligations at June 30:	'	'	'
Discount rate (as a percent)	9.00%	8.75%	8.65%
Weighted-average assumptions used to determine net periodic benefit cost for the year ended June 30:	'	'	'
Discount rate (as a percent)	8.75%	8.65%	8.75%

PENSION_DEFERRED_COMPENSATION_4

PENSION, DEFERRED COMPENSATION AND POST-RETIREMENT BENEFIT PLANS (Details 3) (USD $)	12 Months Ended
In Millions, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2012
Amounts recognized in accumulated other comprehensive (income) loss (before tax)	'	'	'
Net actuarial (gains) losses, beginning of year	$293.20	'	'
Actuarial (gains) losses recognized	42.1	-92.8	176.9
Amortization of amounts included in net periodic benefit cost	-18	-28.9	-14.7
Translation adjustments	8.2	'	'
Net actuarial (gains) losses, end of year	325.5	293.2	'
Net prior service cost (credit), beginning of year	21.8	'	'
Prior service cost (credit) recognized	-6.7	'	'
Amortization of amounts included in net periodic benefit cost	-4.4	-4.3	-4.3
Translation adjustments	2	'	'
Net prior service cost (credit), end of year	12.7	21.8	'
Total amounts recognized in AOCI	338.2	'	'
Pension Plans U.S.	'	'	'
Amounts recognized in accumulated other comprehensive (income) loss (before tax)	'	'	'
Net actuarial (gains) losses, beginning of year	147.8	'	'
Actuarial (gains) losses recognized	5.3	'	'
Amortization of amounts included in net periodic benefit cost	-7.4	'	'
Net actuarial (gains) losses, end of year	145.7	'	'
Net prior service cost (credit), beginning of year	3	'	'
Prior service cost (credit) recognized	1.8	'	'
Amortization of amounts included in net periodic benefit cost	-0.7	'	'
Net prior service cost (credit), end of year	4.1	'	'
Total amounts recognized in AOCI	149.8	150.8	'
Amounts in accumulated other comprehensive (income) loss expected to be amortized as components of net periodic benefit cost during fiscal 2015	'	'	'
Prior service cost	0.6	'	'
Net actuarial loss	9.8	'	'
Pension Plans International	'	'	'
Amounts recognized in accumulated other comprehensive (income) loss (before tax)	'	'	'
Net actuarial (gains) losses, beginning of year	123.3	'	'
Actuarial (gains) losses recognized	26.5	'	'
Amortization of amounts included in net periodic benefit cost	-9.8	'	'
Translation adjustments	8.2	'	'
Net actuarial (gains) losses, end of year	148.2	'	'
Net prior service cost (credit), beginning of year	14.7	'	'
Prior service cost (credit) recognized	-8.5	'	'
Amortization of amounts included in net periodic benefit cost	-2.9	'	'
Translation adjustments	2	'	'
Net prior service cost (credit), end of year	5.3	'	'
Total amounts recognized in AOCI	153.5	138	'
Amounts in accumulated other comprehensive (income) loss expected to be amortized as components of net periodic benefit cost during fiscal 2015	'	'	'
Prior service cost	2.2	'	'
Net actuarial loss	11.6	'	'
Post-retirement benefit other than pension plans	'	'	'
Amounts recognized in accumulated other comprehensive (income) loss (before tax)	'	'	'
Net actuarial (gains) losses, beginning of year	22.1	'	'
Actuarial (gains) losses recognized	10.3	'	'
Amortization of amounts included in net periodic benefit cost	-0.8	'	'
Net actuarial (gains) losses, end of year	31.6	'	'
Net prior service cost (credit), beginning of year	4.1	'	'
Amortization of amounts included in net periodic benefit cost	-0.8	'	'
Net prior service cost (credit), end of year	3.3	'	'
Total amounts recognized in AOCI	34.9	26.2	'
Amounts in accumulated other comprehensive (income) loss expected to be amortized as components of net periodic benefit cost during fiscal 2015	'	'	'
Prior service cost	0.8	'	'
Net actuarial loss	$1.50	'	'

PENSION_DEFERRED_COMPENSATION_5

PENSION, DEFERRED COMPENSATION AND POST-RETIREMENT BENEFIT PLANS (Details 4) (USD $)	12 Months Ended
In Millions, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2012
Defined Benefit Plan Disclosure	'	'	'
Fair value of plan assets	$1,268.50	$1,126	'
Equity securities	'	'	'
Defined Benefit Plan Disclosure	'	'	'
Fair value of plan assets	44.1	125.6	'
Debt securities	'	'	'
Defined Benefit Plan Disclosure	'	'	'
Fair value of plan assets	173.8	94.4	'
Pension Plans U.S.	'	'	'
Defined Benefit Plan Disclosure	'	'	'
Projected benefit obligation	755.2	676	706.1
Fair value of plan assets	723	659.7	645.6
Expected cash flows for the Company's pension and post-retirement plans	'	'	'
Expected benefit payments for year ending June 30, 2015	61.2	'	'
Expected benefit payments for year ending June 30, 2016	59.7	'	'
Expected benefit payments for year ending June 30, 2017	55.9	'	'
Expected benefit payments for year ending June 30, 2018	52.7	'	'
Expected benefit payments for year ending June 30, 2019	54.6	'	'
Expected benefit payments for year ending June 30, Years 2020-2024	291.1	'	'
Company's target asset allocation at June 30, 2014	'	'	'
Target asset allocation (as a percent)	100.00%	'	'
Pension Plans U.S. \| Equity securities	'	'	'
Company's target asset allocation at June 30, 2014	'	'	'
Target asset allocation (as a percent)	30.00%	'	'
Pension Plans U.S. \| Debt securities	'	'	'
Company's target asset allocation at June 30, 2014	'	'	'
Target asset allocation (as a percent)	39.00%	'	'
Pension Plans U.S. \| Other	'	'	'
Company's target asset allocation at June 30, 2014	'	'	'
Target asset allocation (as a percent)	31.00%	'	'
Pension Plans Retirement Growth Account	'	'	'
Defined Benefit Plan Disclosure	'	'	'
Projected benefit obligation	643.5	565.7	'
Accumulated benefit obligation	598.4	505.4	'
Fair value of plan assets	723	659.7	'
Pension Plans Restoration	'	'	'
Defined Benefit Plan Disclosure	'	'	'
Projected benefit obligation	111.7	110.3	'
Accumulated benefit obligation	97	86.1	'
Pension Plans International	'	'	'
Defined Benefit Plan Disclosure	'	'	'
Projected benefit obligation	598.7	508.6	483.4
Accumulated benefit obligation	531.4	445.5	'
Fair value of plan assets	513.7	438.6	415.3
Defined benefit plans with obligations in excess of plan assets:	'	'	'
Pension plans with projected benefit obligations in excess of the plans' assets, aggregate projected benefit obligations	270.7	262.2	'
Pension plans with projected benefit obligations in excess of the plans' assets, aggregate fair value of plan assets	129.9	142.2	'
Defined benefit plans with accumulated benefit obligations in excess of plan assets:	'	'	'
Pension plans with accumulated benefit obligations in excess of the plans' assets, aggregate accumulated benefit obligations	199.1	165.1	'
Pension plans with accumulated benefit obligations in excess of the plans' assets, aggregate fair value of plan assets	89.2	73.6	'
Expected cash flows for the Company's pension and post-retirement plans	'	'	'
Expected employer contributions for year ending June 30, 2015	24	'	'
Expected benefit payments for year ending June 30, 2015	23.3	'	'
Expected benefit payments for year ending June 30, 2016	20.5	'	'
Expected benefit payments for year ending June 30, 2017	21.6	'	'
Expected benefit payments for year ending June 30, 2018	22.2	'	'
Expected benefit payments for year ending June 30, 2019	21.4	'	'
Expected benefit payments for year ending June 30, Years 2020-2024	140.6	'	'
Company's target asset allocation at June 30, 2014	'	'	'
Target asset allocation (as a percent)	100.00%	'	'
Pension Plans International \| Equity securities	'	'	'
Company's target asset allocation at June 30, 2014	'	'	'
Target asset allocation (as a percent)	22.00%	'	'
Pension Plans International \| Debt securities	'	'	'
Company's target asset allocation at June 30, 2014	'	'	'
Target asset allocation (as a percent)	47.00%	'	'
Pension Plans International \| Other	'	'	'
Company's target asset allocation at June 30, 2014	'	'	'
Target asset allocation (as a percent)	31.00%	'	'
Post-retirement benefit other than pension plans	'	'	'
Defined Benefit Plan Disclosure	'	'	'
Projected benefit obligation	186.7	169.7	201.1
Fair value of plan assets	31.7	27.7	26
Expected cash flows for the Company's pension and post-retirement plans	'	'	'
Expected benefit payments for year ending June 30, 2015	6.3	'	'
Expected benefit payments for year ending June 30, 2016	7	'	'
Expected benefit payments for year ending June 30, 2017	7.8	'	'
Expected benefit payments for year ending June 30, 2018	8.5	'	'
Expected benefit payments for year ending June 30, 2019	9.3	'	'
Expected benefit payments for year ending June 30, Years 2020-2024	$59.50	'	'
Company's target asset allocation at June 30, 2014	'	'	'
Target asset allocation (as a percent)	100.00%	'	'
Post-retirement benefit other than pension plans \| Equity securities	'	'	'
Company's target asset allocation at June 30, 2014	'	'	'
Target asset allocation (as a percent)	30.00%	'	'
Post-retirement benefit other than pension plans \| Debt securities	'	'	'
Company's target asset allocation at June 30, 2014	'	'	'
Target asset allocation (as a percent)	39.00%	'	'
Post-retirement benefit other than pension plans \| Other	'	'	'
Company's target asset allocation at June 30, 2014	'	'	'
Target asset allocation (as a percent)	31.00%	'	'

PENSION_DEFERRED_COMPENSATION_6

PENSION, DEFERRED COMPENSATION AND POST-RETIREMENT BENEFIT PLANS (Details 5) (USD $)	Jun. 30, 2014	Jun. 30, 2013
In Millions, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013
Defined Benefit Plan Disclosure	'	'
Fair value of plan assets	$1,268.50	$1,126
Level 1	'	'
Defined Benefit Plan Disclosure	'	'
Fair value of plan assets	317.7	371.9
Level 2	'	'
Defined Benefit Plan Disclosure	'	'
Fair value of plan assets	798.1	564.7
Level 3	'	'
Defined Benefit Plan Disclosure	'	'
Fair value of plan assets	152.7	189.4
Short-term investment funds	'	'
Defined Benefit Plan Disclosure	'	'
Fair value of plan assets	50.4	56.5
Short-term investment funds \| Level 1	'	'
Defined Benefit Plan Disclosure	'	'
Fair value of plan assets	22.4	28.9
Short-term investment funds \| Level 2	'	'
Defined Benefit Plan Disclosure	'	'
Fair value of plan assets	28	27.6
Government and agency securities	'	'
Defined Benefit Plan Disclosure	'	'
Fair value of plan assets	39.7	16.9
Government and agency securities \| Level 2	'	'
Defined Benefit Plan Disclosure	'	'
Fair value of plan assets	39.7	16.9
Equity securities	'	'
Defined Benefit Plan Disclosure	'	'
Fair value of plan assets	44.1	125.6
Equity securities \| Level 1	'	'
Defined Benefit Plan Disclosure	'	'
Fair value of plan assets	44.1	'
Equity securities \| Level 2	'	'
Defined Benefit Plan Disclosure	'	'
Fair value of plan assets	'	125.6
Debt instruments	'	'
Defined Benefit Plan Disclosure	'	'
Fair value of plan assets	173.8	94.4
Debt instruments \| Level 1	'	'
Defined Benefit Plan Disclosure	'	'
Fair value of plan assets	'	94.4
Debt instruments \| Level 2	'	'
Defined Benefit Plan Disclosure	'	'
Fair value of plan assets	173.8	'
Commingled funds	'	'
Defined Benefit Plan Disclosure	'	'
Fair value of plan assets	790.1	679.8
Commingled funds \| Level 1	'	'
Defined Benefit Plan Disclosure	'	'
Fair value of plan assets	251.2	248.6
Commingled funds \| Level 2	'	'
Defined Benefit Plan Disclosure	'	'
Fair value of plan assets	504.4	394.6
Commingled funds \| Level 3	'	'
Defined Benefit Plan Disclosure	'	'
Fair value of plan assets	34.5	36.6
Insurance contracts	'	'
Defined Benefit Plan Disclosure	'	'
Fair value of plan assets	51.2	43.6
Insurance contracts \| Level 3	'	'
Defined Benefit Plan Disclosure	'	'
Fair value of plan assets	51.2	43.6
Limited partnerships and hedge fund investments	'	'
Defined Benefit Plan Disclosure	'	'
Fair value of plan assets	119.2	109.2
Limited partnerships and hedge fund investments \| Level 2	'	'
Defined Benefit Plan Disclosure	'	'
Fair value of plan assets	52.2	'
Limited partnerships and hedge fund investments \| Level 3	'	'
Defined Benefit Plan Disclosure	'	'
Fair value of plan assets	$67	$109.20

PENSION_DEFERRED_COMPENSATION_7

PENSION, DEFERRED COMPENSATION AND POST-RETIREMENT BENEFIT PLANS (Details 6) (USD $)	12 Months Ended
In Millions, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2012
Changes in Level 3 plan assets	'	'	'
Fair value of plan assets at beginning of year	$1,126	'	'
Actual return on plan assets:	'	'	'
Fair value of plan assets at end of year	1,268.50	1,126	'
401(k) Savings Plan (U.S.)	'	'	'
Minimum period following date of hire after which full-time employees become eligible to participate in the savings plan	'30 days	'	'
Minimum service period after which the Company matches a portion of the participant's contributions	'1 year	'	'
Company's contribution to contributory defined contribution plan	33.3	25.1	23.6
Deferred Compensation	'	'	'
Accrued amount of deferred compensation and interest thereon	69	72.1	'
Deferred compensation expense (income) to reflect additional deferrals and change in market value (in dollars)	10.6	12.2	8.4
Level 3	'	'	'
Changes in Level 3 plan assets	'	'	'
Fair value of plan assets at beginning of year	189.4	'	'
Actual return on plan assets:	'	'	'
Relating to assets still held at the reporting date	6.3	'	'
Relating to assets sold during the year	-0.3	'	'
Transfers in (out)	-46.9	'	'
Purchases, sales, issuances and settlements, net	-1.8	'	'
Foreign exchange impact	6	'	'
Fair value of plan assets at end of year	152.7	'	'
Commingled funds	'	'	'
Actual return on plan assets:	'	'	'
Fair value of plan assets at end of year	790.1	679.8	'
Commingled funds \| Level 3	'	'	'
Changes in Level 3 plan assets	'	'	'
Fair value of plan assets at beginning of year	36.6	'	'
Actual return on plan assets:	'	'	'
Relating to assets still held at the reporting date	-1.4	'	'
Relating to assets sold during the year	-0.3	'	'
Purchases, sales, issuances and settlements, net	-4.4	'	'
Foreign exchange impact	4	'	'
Fair value of plan assets at end of year	34.5	'	'
Insurance contracts	'	'	'
Actual return on plan assets:	'	'	'
Fair value of plan assets at end of year	51.2	43.6	'
Insurance contracts \| Level 3	'	'	'
Changes in Level 3 plan assets	'	'	'
Fair value of plan assets at beginning of year	43.6	'	'
Actual return on plan assets:	'	'	'
Relating to assets still held at the reporting date	3	'	'
Purchases, sales, issuances and settlements, net	2.6	'	'
Foreign exchange impact	2	'	'
Fair value of plan assets at end of year	51.2	'	'
Limited partnerships and hedge fund investments	'	'	'
Actual return on plan assets:	'	'	'
Fair value of plan assets at end of year	119.2	109.2	'
Limited partnerships and hedge fund investments \| Level 3	'	'	'
Changes in Level 3 plan assets	'	'	'
Fair value of plan assets at beginning of year	109.2	'	'
Actual return on plan assets:	'	'	'
Relating to assets still held at the reporting date	4.7	'	'
Transfers in (out)	-46.9	'	'
Fair value of plan assets at end of year	$67	'	'

COMMITMENTS_AND_CONTINGENCIES_1

COMMITMENTS AND CONTINGENCIES (Details) (USD $)	12 Months Ended
In Millions, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2012
Debt service, payments Due in Fiscal	'	'	'
Debt service	$2,330.60	'	'
Debt service, Payments Due in Fiscal 2015	79.7	'	'
Debt service, Payments Due in Fiscal 2016	68	'	'
Debt service, Payments Due in Fiscal 2017	364.8	'	'
Debt service, Payments Due in Fiscal 2018	44.7	'	'
Debt service, Payments Due in Fiscal 2019	44.6	'	'
Debt service, Payments Due in Fiscal Thereafter	1,728.80	'	'
Operating lease commitments, Payments Due in Fiscal	'	'	'
Operating lease commitments	2,010.60	'	'
Operating lease commitments, Payments Due in Fiscal 2015	291.7	'	'
Operating lease commitments, Payments Due in Fiscal 2016	274	'	'
Operating lease commitments, Payments Due in Fiscal 2017	240.5	'	'
Operating lease commitments, Payments Due in Fiscal 2018	215.9	'	'
Operating lease commitments, Payments Due in Fiscal 2019	190.6	'	'
Operating lease commitments, Payments Due in Fiscal Thereafter	797.9	'	'
Unconditional purchase obligations, Payments Due in Fiscal	'	'	'
Unconditional purchase obligations	2,280.10	'	'
Unconditional purchase obligations, Payments Due in Fiscal 2015	1,091.60	'	'
Unconditional purchase obligations, Payments Due in Fiscal 2016	437.3	'	'
Unconditional purchase obligations, Payments Due in Fiscal 2017	430.5	'	'
Unconditional purchase obligations, Payments Due in Fiscal 2018	243.7	'	'
Unconditional purchase obligations, Payments Due in Fiscal 2019	37.8	'	'
Unconditional purchase obligations, Payments Due in Fiscal Thereafter	39.2	'	'
Gross unrecognized tax benefits and interest - current, Payments Due in Fiscal	'	'	'
Gross unrecognized tax benefits and interest - current	1.1	'	'
Gross unrecognized tax benefits and interest - current, Payments Due in Fiscal 2015	1.1	'	'
Contractual obligations, Payments Due in Fiscal	'	'	'
Total contractual obligations	6,622.40	'	'
Total contractual obligations, Payments Due in Fiscal 2015	1,464.10	'	'
Total contractual obligations, Payments Due in Fiscal 2016	779.3	'	'
Total contractual obligations, Payments Due in Fiscal 2017	1,035.80	'	'
Total contractual obligations, Payments Due in Fiscal 2018	504.3	'	'
Total contractual obligations, Payments Due in Fiscal 2019	273	'	'
Total contractual obligations, Payments Due in Fiscal Thereafter	2,565.90	'	'
Projected interest costs on long-term and current debt, payments Due in fiscal	'	'	'
Projected interest costs on long-term and current debt Due in fiscal 2015	61.3	'	'
Projected interest costs on long-term and current debt Due in fiscal 2016	61.3	'	'
Projected interest costs on long-term and current debt Due in fiscal 2017	61.3	'	'
Projected interest costs on long-term and current debt Due in fiscal 2018	44.6	'	'
Projected interest costs on long-term and current debt Due in fiscal 2019	44.6	'	'
Projected interest costs on long-term and current debt Due in fiscal Thereafter	728.7	'	'
Rental expense	356.1	332.4	304.9
Noncurrent unrecognized tax benefits, accrued interest and penalties	$69.50	'	'

COMMITMENTS_AND_CONTINGENCIES_2

COMMITMENTS AND CONTINGENCIES (Details 2)	3 Months Ended		12 Months Ended			0 Months Ended		1 Months Ended	3 Months Ended
In Millions, unless otherwise specified	Dec. 31, 2012	Sep. 30, 2012	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2014	Dec. 23, 2011	Jan. 31, 2012	Jun. 30, 2007
	USD ($)	USD ($)	USD ($)	USD ($)	USD ($)	Darphin brand litigation	Darphin brand litigation	Darphin brand litigation	Darphin brand litigation
						USD ($)	EUR (€)	EUR (€)	EUR (€)
						subsidiary
Legal Proceedings	'	'	'	'	'	'	'	'	'
Number of subsidiaries included in litigation	'	'	'	'	'	1	'	'	'
Claim amount of litigation initiated	'	'	'	'	'	$81.90	'	'	€ 60
Amount of award	'	'	'	'	'	31.3	22.9	'	'
Payment of award to former owner	'	'	'	'	'	34.5	'	25.3	'
Other Income	'	'	'	'	'	'	'	'	'
Contingent consideration earned and recognized	'	1.8	'	'	'	'	'	'	'
Contingent consideration received	'	0.7	'	'	'	'	'	'	'
Unpaid contingent consideration	1.1	'	'	'	'	'	'	'	'
Principal amount receivable	22.8	'	'	'	'	'	'	'	'
Principal payments received on note receivable	'	'	14.4	'	'	'	'	'	'
Note receivable remaining principal amount related to sale of assets	'	'	8.4	'	'	'	'	'	'
Other income	21.3	1.8	'	23.1	10.5	'	'	'	'
Amount of settlement-other income	'	'	'	'	$10.50	'	'	'	'

COMMON_STOCK_Details

COMMON STOCK (Details) (USD $)

12 Months Ended

0 Months Ended

12 Months Ended

0 Months Ended

1 Months Ended

0 Months Ended

12 Months Ended

0 Months Ended

In Millions, except Share data, unless otherwise specified

Jun. 30, 2014

Jun. 30, 2013

Jun. 30, 2012

Jun. 16, 2014

1-May-14

Mar. 17, 2014

Feb. 04, 2014

Dec. 16, 2013

Oct. 30, 2013

Sep. 16, 2013

Aug. 14, 2013

Jun. 30, 2014

Jun. 30, 2013

Jun. 30, 2012

Aug. 14, 2014

Sep. 15, 2014

Jun. 16, 2014

1-May-14

Mar. 17, 2014

Feb. 04, 2014

Dec. 16, 2013

Oct. 30, 2013

Sep. 16, 2013

Aug. 14, 2013

Jun. 30, 2014

Jun. 30, 2013

Jun. 30, 2012

Aug. 14, 2014

Sep. 15, 2014

Common Class A

Common Class B

Subsequent event

Forecast

Class of Stock

Authorized common stock (in shares)

1,300,000,000

304,000,000

Common stock, par value (in dollars per share)

$0.01

Exchange basis for conversion of Class B Common Stock into shares of Class A Common Stock

'One-for-one basis

Common stock holder voting rights

'one vote per share

'ten votes per share

Information about the Company's common stock outstanding

Balance at the beginning of the period (in shares)

239,016,200

237,119,500

242,598,900

148,978,082

151,778,100

151,964,100

Acquisition of treasury stock (in shares)

-9,602,200

-6,718,800

-11,980,200

Conversion of Class B to Class A (in shares)

250,000

2,800,000

186,000

-250,000

-2,800,000

-186,000

Stock-based compensation (in shares)

4,492,400

5,815,500

6,314,800

Balance at the end of the period (in shares)

234,156,400

239,016,200

237,119,500

148,728,082

148,978,082

151,778,100

Stock disclosures

Shares authorized by the Board of Directors to be repurchased (in shares)

216,000,000

Cumulative total acquired shares pursuant to the authorization (in shares)

175,900,000

Remaining authorized share repurchase balance (in shares)

40,100,000

Additional purchase of Class A Common Stock (in shares)

1,700,000

Additional purchase of Class A Common Stock (in dollars)

$667.20

$387.70

$592.70

$130.70

Cash dividends declared per common share (in dollars per share)

$0.78

$1.08

$0.53

$0.20

$0.18

$0.20

$0.18

$0.20

Dividends paid (in dollars per share)

$0.20

$0.18

$0.20

$0.18

$0.20

STOCK_PROGRAMS_Details

STOCK PROGRAMS (Details) (USD $)	12 Months Ended
In Millions, except Share data, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2012
	item	Jun. 30, 2013	Jun. 30, 2012
Share-based Compensation Arrangement by Share-based Payment Award	'	'	'
Number of active equity compensation plans	2	'	'
Compensation expense	$152.60	$145.80	$124.70
Income tax benefit	50.2	47.6	41.1
Total unrecognized compensation cost related to nonvested stock-based awards	101.8	'	'
Weighted-average period over which compensation cost related to nonvested stock-based awards is expected to be recognized	'2 years	'	'
Common Class A	'	'	'
Share-based Compensation Arrangement by Share-based Payment Award	'	'	'
Number of Class A Common Stock shares authorized under active equity compensation plans	66,206,200	'	'
Number of Class A Common Stock shares reserved and available to be granted pursuant to equity compensation plans	14,893,900	'	'
Stock options	'	'	'
Shares	'	'	'
Outstanding at the beginning of the year (in shares)	15,071,400	'	'
Granted at fair value (in shares)	1,864,900	'	'
Exercised (in shares)	-2,695,400	'	'
Expired (in shares)	-16,700	'	'
Forfeited (in shares)	-96,400	'	'
Outstanding at the end of the period (in shares)	14,127,800	15,071,400	'
Vested and expected to vest (in shares)	14,000,700	'	'
Exercisable (in shares)	9,248,200	'	'
Weighted-Average Exercise Price Per Share	'	'	'
Outstanding at the beginning of the year (in dollars per share)	$36.60	'	'
Granted at fair value (in dollars per share)	$67.42	'	'
Exercised (in dollars per share)	$31.49	'	'
Expired (in dollars per share)	$42.73	'	'
Forfeited (in dollars per share)	$54.80	'	'
Outstanding at the end of the period (in dollars per share)	$41.51	$36.60	'
Vested and expected to vest Weighted-Average Exercise Price (in dollars per share)	$41.32	'	'
Exercisable Weighted-Average Exercise Price (in dollars per share)	$31.77	'	'
Additional General Disclosures	'	'	'
Outstanding Aggregate Intrinsic Value (in dollars)	462.7	'	'
Weighted-Average Contractual Life Remaining	'6 years 6 months	'	'
Vested and expected to vest Aggregate Intrinsic Value (in dollars)	461.2	'	'
Vested and expected to vest Exercisable Weighted-Average Contractual Life Remaining	'6 years 6 months	'	'
Exercisable Aggregate Intrinsic Value (in dollars)	393	'	'
Exercisable Weighted-Average Contractual Life Remaining	'5 years 7 months 6 days	'	'
Maximum exercise period for all stock options from the date of grant	'10 years	'	'
Number of substantively equal tranches in which stock options grants become exercisable	3	'	'
Service period over which stock option grants generally become exercisable in substantively equal tranches	'4 years	'	'
Per-share weighted-average grant date fair value of stock options granted (in dollars per share)	$23.13	$20.30	$17.41
Intrinsic value of stock options exercised (in dollars)	$104.70	$145.80	$154
Fair Value Of Option Grants, Assumptions and Methodology	'	'	'
Method used for estimating fair value of option grant	'Black-Scholes	'	'
Weighted-average expected stock-price volatility (as a percent)	33.00%	34.00%	35.00%
Weighted-average expected option life	'7 years	'8 years	'8 years
Average risk-free interest rate (as a percent)	2.50%	1.20%	1.70%
Average dividend yield (as a percent)	1.10%	1.00%	1.00%

STOCK_PROGRAMS_Details_2

STOCK PROGRAMS (Details 2) (USD $)

12 Months Ended

1 Months Ended

12 Months Ended

In Millions, except Share data, unless otherwise specified

Jun. 30, 2014

Jun. 30, 2013

Jun. 30, 2012

Jun. 30, 2014

Jun. 30, 2013

Jun. 30, 2012

Jun. 30, 2014

Jun. 30, 2013

Sep. 30, 2013

Jun. 30, 2014

Jun. 30, 2013

Jun. 30, 2014

Jun. 30, 2013

Jun. 30, 2012

Common Class A

Performance Share Units

Restricted Stock Units

Performance share units based on total stockholder return

Market Share Unit

Share Units

Cash Units

Common Class A

RSU grants scheduled to vest in fiscal 2014

RSU grants scheduled to vest in fiscal 2015

RSU grants scheduled to vest in fiscal 2016

RSU grants scheduled to vest in fiscal 2017

RSU grants scheduled to vest in fiscal 2018

Performance share units based on total stockholders return vesting (contractual term 33 months)

Performance share units based on total stockholders return vesting (contractual term 45 months)

Performance share units based on total stockholders return vesting (contractual term 57 months)

Common Class A

Executive

Maximum

Executive

Share-based Compensation Arrangement by Share-based Payment Award

Target payout for performance share units in Class A Common Stock (in shares)

291,000

376,500

162,760

260,416

320,000

Vesting period

'3 years

Common Stock issued (in shares)

4,492,400

5,815,500

6,314,800

548,800

Number of trading days on exchange for average closing stock price per share

'20 days

Other Equity Compensation Plans

Nonvested at the beginning of the period (in shares)

510,900

2,222,800

Granted (in shares)

291,000

1,313,100

Vested (in shares)

-259,700

-365,900

-1,248,300

Forfeited (in shares)

-3,600

-65,500

Nonvested at the end of the period (in shares)

538,600

510,900

2,222,100

RSU grants scheduled to vest (in shares)

300

478,400

494,600

336,800

3,000

Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted-Average Grant Date Fair Value

Nonvested at the beginning of the period (in dollars per share)

$53.73

$52.68

Granted (in dollars per share)

$67.38

$66.05

Vested (in dollars per share)

$48.57

$49.39

Forfeited (in dollars per share)

$63.17

$59.91

Nonvested at the end of the period (in dollars per share)

$63.53

$53.73

$62.21

Grant date fair value (in USD)

$11

$10.60

Weighted-average expected option life

'33 months

'45 months

'57 months

Number of shares outstanding

Method used for estimating grant date fair value

'lattice model with a Monte Carlo

Contractual life

'41 months

Weighted-average risk-free interest rate (as a percent)

0.30%

0.50%

0.70%

1.60%

Dividend yield (as a percent)

1.00%

Weighted-average expected volatility (as a percent)

32.00%

29.00%

Non-Employee Director Plans

Outstanding at the beginning of the period (in shares)

87,300

Granted (in shares)

10,500

Dividend equivalents (in shares)

1,000

Outstanding at the end of the period (in shares)

98,800

Weighted-Average Grant Date Fair Value Per Share

Outstanding at the beginning of the period (in dollars per share)

$33.27

Granted (in dollars per share)

$70.68

Dividend equivalents (in dollars per share)

$72.54

Outstanding at the end of the period (in dollars per share)

$37.67

Non-employee Director Deferred Cash Compensation, Cash Payout Shares

Deferred compensation expense (income) to reflect additional deferrals and change in market value (in dollars)

$10.60

$12.20

$8.40

$2.40

$0.80

NET_EARNINGS_ATTRIBUTABLE_TO_T2

NET EARNINGS ATTRIBUTABLE TO THE ESTEE LAUDER COMPANIES INC. PER COMMON SHARE (Details) (USD $)	3 Months Ended								12 Months Ended
In Millions, except Per Share data, unless otherwise specified	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Dec. 31, 2012	Sep. 30, 2012	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2012
Numerator:	'	'	'	'	'	'	'	'	'	'	'
Net earnings attributable to The Estee Lauder Companies Inc. (in dollars)	'	'	'	'	'	'	'	'	$1,204.10	$1,019.80	$856.90
Denominator:	'	'	'	'	'	'	'	'	'	'	'
Weighted-average common shares outstanding - Basic	'	'	'	'	'	'	'	'	386.2	387.6	388.7
Weighted-average common shares outstanding - Diluted	'	'	'	'	'	'	'	'	393.1	394.9	397
Net earnings attributable to The Estee Lauder Companies Inc. per common share:	'	'	'	'	'	'	'	'	'	'	'
Basic (in dollars per share)	$0.67	$0.55	$1.11	$0.78	$0.24	$0.46	$1.16	$0.77	$3.12	$2.63	$2.20
Diluted (in dollars per share)	$0.66	$0.54	$1.09	$0.76	$0.24	$0.45	$1.13	$0.76	$3.06	$2.58	$2.16
Stock options	'	'	'	'	'	'	'	'	'	'	'
Denominator:	'	'	'	'	'	'	'	'	'	'	'
Incremental common shares attributable to share-based payment arrangements	'	'	'	'	'	'	'	'	5	5.5	6.3
PSUs	'	'	'	'	'	'	'	'	'	'	'
Denominator:	'	'	'	'	'	'	'	'	'	'	'
Incremental common shares attributable to share-based payment arrangements	'	'	'	'	'	'	'	'	0.1	'	'
RSUs	'	'	'	'	'	'	'	'	'	'	'
Denominator:	'	'	'	'	'	'	'	'	'	'	'
Incremental common shares attributable to share-based payment arrangements	'	'	'	'	'	'	'	'	1.4	1.4	1.8
Performance share units based on TSR	'	'	'	'	'	'	'	'	'	'	'
Denominator:	'	'	'	'	'	'	'	'	'	'	'
Incremental common shares attributable to share-based payment arrangements	'	'	'	'	'	'	'	'	0.1	0.1	'
MSU	'	'	'	'	'	'	'	'	'	'	'
Denominator:	'	'	'	'	'	'	'	'	'	'	'
Incremental common shares attributable to share-based payment arrangements	'	'	'	'	'	'	'	'	0.3	0.3	0.2

NET_EARNINGS_ATTRIBUTABLE_TO_T3

NET EARNINGS ATTRIBUTABLE TO THE ESTEE LAUDER COMPANIES INC. PER COMMON SHARE (Details 2)	12 Months Ended
In Millions, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2012
Stock options	'	'	'
Antidilutive Securities Excluded from Computation of Earnings, Per Share	'	'	'
Antidilutive shares excluded from the calculation of diluted earnings per share	0.1	0.1	'
Contingently Issuable Shares	'	'	'
Antidilutive Securities Excluded from Computation of Earnings, Per Share	'	'	'
Antidilutive shares excluded from the calculation of diluted earnings per share	0.5	0.5	0.6

ACCUMULATED_OTHER_COMPREHENSIV2

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Details) (USD $)	12 Months Ended
In Millions, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2012
Unrealized investment gains	'	'	'
Net unrealized investment gains (losses), beginning of year	$0.80	$0.50	$0.50
Unrealized investment gains (losses)	0.9	0.4	0.1
Benefit (provision) for deferred income taxes	-0.3	-0.1	-0.1
Net unrealized investment gains, end of year	1.4	0.8	0.5
Derivative instruments	'	'	'
Net derivative instruments, beginning of year	18.3	17.4	-0.7
Gain (loss) on derivative instruments	-22.2	10.3	40.2
Benefit (provision) for deferred income taxes on derivative instruments	7.9	-3.6	-14.3
Reclassification to earnings during the year:	'	'	'
Foreign currency forward contracts	-7.2	-8.8	-11.7
Settled interest rate-related derivatives	-0.3	-0.3	-0.3
Benefit (provision) for deferred income taxes on reclassification	2.6	3.3	4.2
Net derivative instruments, end of year	-0.9	18.3	17.4
Pension and post-retirement adjustments	'	'	'
Net pension and post-retirement adjustments, beginning of year	-213.7	-293.5	-199
Changes in plan assets and benefit obligations:	'	'	'
Net actuarial gains (losses) recognized	-42.1	92.8	-176.9
Net prior service credit (cost) recognized	6.7	'	2
Translation adjustments	-10.2	3.5	7.6
Benefit (provision) for deferred income taxes	10.4	-36.8	60.4
Amortization of amounts included in net periodic benefit cost:	'	'	'
Net actuarial (gains) losses	18	28.9	14.7
Net prior service cost (credit)	4.4	4.3	4.3
Net transition asset (obligation)	'	-0.1	'
Benefit (provision) for deferred income taxes on reclassification	-6.5	-12.8	-6.6
Net pension and post-retirement adjustments, end of year	-233	-213.7	-293.5
Cumulative translation adjustments	'	'	'
Cumulative translation adjustments, beginning of year	37.1	62.7	216.9
Translation adjustments	96.7	-24.5	-156.6
Benefit (provision) for deferred income taxes	-1.6	-1.1	2.4
Cumulative translation adjustments, end of year	132.2	37.1	62.7
Accumulated other comprehensive income (loss)	($100.30)	($157.50)	($212.90)

ACCUMULATED_OTHER_COMPREHENSIV3

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Details 2) (USD $)	12 Months Ended
In Millions, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2012
Derivative instruments	'	'	'
Foreign currency forward contracts	($7.20)	($8.80)	($11.70)
Settled interest rate-related derivatives	-0.3	-0.3	-0.3
Benefit (provision) for deferred income taxes on the amount of gain (loss) recognized	2.6	3.3	4.2
Cost of sales	'	'	'
Derivative instruments	'	'	'
Foreign currency forward contracts	4.5	'	'
Selling, general and administrative expenses	'	'	'
Derivative instruments	'	'	'
Foreign currency forward contracts	2.7	'	'
Interest expense	'	'	'
Derivative instruments	'	'	'
Settled interest rate-related derivatives	0.3	'	'
Provision for income taxes	'	'	'
Derivative instruments	'	'	'
Benefit (provision) for deferred income taxes on the amount of gain (loss) recognized	$2.60	'	'

STATEMENT_OF_CASH_FLOWS_Detail

STATEMENT OF CASH FLOWS (Details) (USD $)	12 Months Ended
In Millions, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2012
Cash:	'	'	'
Cash paid during the year for interest	$66	$85.40	$75
Cash paid during the year for income taxes	534.7	500.2	326.4
Non-cash investing and financing activities:	'	'	'
Incremental tax benefit from the exercise of stock options	-8.1	-9.8	-10
Capital lease obligations incurred	12.9	5	8.6
Note receivable	'	($16.80)	'

SEGMENT_DATA_AND_RELATED_INFOR2

SEGMENT DATA AND RELATED INFORMATION (Details) (USD $)	3 Months Ended								12 Months Ended
In Millions, unless otherwise specified	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Dec. 31, 2012	Sep. 30, 2012	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2012
	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Dec. 31, 2012	Sep. 30, 2012	segment	Jun. 30, 2013	Jun. 30, 2012
Segment Reporting Information	'	'	'	'	'	'	'	'	'	'	'
Number of operating segments	'	'	'	'	'	'	'	'	1	'	'
Net Sales:	'	'	'	'	'	'	'	'	'	'	'
Net Sales before returns associated with restructuring activities	'	'	'	'	'	'	'	'	$10,968.70	$10,183.20	$9,715.70
Net Sales	2,725.30	2,549.80	3,018.70	2,675	2,407.40	2,291.80	2,933	2,549.50	10,968.80	10,181.70	9,713.60
Depreciation and Amortization:	'	'	'	'	'	'	'	'	'	'	'
Depreciation and amortization	'	'	'	'	'	'	'	'	384.6	336.9	295.8
Goodwill and Other Intangible Asset Impairments:	'	'	'	'	'	'	'	'	'	'	'
Goodwill and Other Intangible Asset Impairments, Total	'	'	'	'	17.7	'	'	'	'	17.7	21.7
Operating Income (Loss)	'	'	'	'	'	'	'	'	'	'	'
Operating Income (Loss) before total charges associated with restructuring activities:	'	'	'	'	'	'	'	'	1,824.70	1,543.80	1,374.90
Operating Income	380.2	341.6	656.3	449.5	145.8	245.1	653.1	482	1,827.60	1,526	1,311.70
Reconciliation:	'	'	'	'	'	'	'	'	'	'	'
Total charges associated with restructuring activities	0.8	-0.2	3.5	-1.2	-4.5	1.7	-14.6	-0.4	2.9	-17.8	-63.2
Interest expense, net	'	'	'	'	'	'	'	'	-50.8	-54.8	-61.1
Other income	'	'	'	'	'	'	21.3	1.8	'	23.1	10.5
Interest expense on debt extinguishment	'	'	'	'	'	'	'	'	'	-19.1	'
Earnings before Income Taxes	'	'	'	'	'	'	'	'	1,776.80	1,475.20	1,261.10
Total Assets:	'	'	'	'	'	'	'	'	'	'	'
Total Assets	7,868.80	'	'	'	7,145.20	'	'	'	7,868.80	7,145.20	6,593
Long-Lived Assets (property, plant and equipment, net):	'	'	'	'	'	'	'	'	'	'	'
Long-Lived Assets	1,502.60	'	'	'	1,350.70	'	'	'	1,502.60	1,350.70	1,231.80
Sales returns (included in Net Sales)	'	'	'	'	'	'	'	'	'	'	'
Reconciliation:	'	'	'	'	'	'	'	'	'	'	'
Total charges associated with restructuring activities	'	'	'	'	'	'	'	'	0.1	-1.5	-2.1
The Americas	'	'	'	'	'	'	'	'	'	'	'
Net Sales:	'	'	'	'	'	'	'	'	'	'	'
Net Sales before returns associated with restructuring activities	'	'	'	'	'	'	'	'	4,572.30	4,302.90	4,101.10
Operating Income (Loss)	'	'	'	'	'	'	'	'	'	'	'
Operating Income (Loss) before total charges associated with restructuring activities:	'	'	'	'	'	'	'	'	537.3	423.2	288.4
Total Assets:	'	'	'	'	'	'	'	'	'	'	'
Total Assets	4,346.20	'	'	'	3,838	'	'	'	4,346.20	3,838	3,616.50
Long-Lived Assets (property, plant and equipment, net):	'	'	'	'	'	'	'	'	'	'	'
Long-Lived Assets	954.4	'	'	'	887.7	'	'	'	954.4	887.7	815.2
Europe, the Middle East and Africa	'	'	'	'	'	'	'	'	'	'	'
Net Sales:	'	'	'	'	'	'	'	'	'	'	'
Net Sales before returns associated with restructuring activities	'	'	'	'	'	'	'	'	4,163.70	3,758.70	3,603.20
Operating Income (Loss)	'	'	'	'	'	'	'	'	'	'	'
Operating Income (Loss) before total charges associated with restructuring activities:	'	'	'	'	'	'	'	'	938.3	813.4	746.3
Total Assets:	'	'	'	'	'	'	'	'	'	'	'
Total Assets	2,657	'	'	'	2,610.80	'	'	'	2,657	2,610.80	2,311.60
Long-Lived Assets (property, plant and equipment, net):	'	'	'	'	'	'	'	'	'	'	'
Long-Lived Assets	410.2	'	'	'	349.7	'	'	'	410.2	349.7	307.8
Asia/Pacific	'	'	'	'	'	'	'	'	'	'	'
Net Sales:	'	'	'	'	'	'	'	'	'	'	'
Net Sales before returns associated with restructuring activities	'	'	'	'	'	'	'	'	2,232.70	2,121.60	2,011.40
Operating Income (Loss)	'	'	'	'	'	'	'	'	'	'	'
Operating Income (Loss) before total charges associated with restructuring activities:	'	'	'	'	'	'	'	'	349.1	307.2	340.2
Total Assets:	'	'	'	'	'	'	'	'	'	'	'
Total Assets	865.6	'	'	'	696.4	'	'	'	865.6	696.4	664.9
Long-Lived Assets (property, plant and equipment, net):	'	'	'	'	'	'	'	'	'	'	'
Long-Lived Assets	138	'	'	'	113.3	'	'	'	138	113.3	108.8
United States	'	'	'	'	'	'	'	'	'	'	'
Net Sales:	'	'	'	'	'	'	'	'	'	'	'
Net Sales	'	'	'	'	'	'	'	'	3,999.50	3,756.10	3,582.10
Long-Lived Assets (property, plant and equipment, net):	'	'	'	'	'	'	'	'	'	'	'
Long-Lived Assets	849.9	'	'	'	805.6	'	'	'	849.9	805.6	736.5
Skin Care	'	'	'	'	'	'	'	'	'	'	'
Net Sales:	'	'	'	'	'	'	'	'	'	'	'
Net Sales before returns associated with restructuring activities	'	'	'	'	'	'	'	'	4,769.80	4,465.30	4,225.20
Depreciation and Amortization:	'	'	'	'	'	'	'	'	'	'	'
Depreciation and amortization	'	'	'	'	'	'	'	'	157.1	139.6	119.9
Goodwill and Other Intangible Asset Impairments:	'	'	'	'	'	'	'	'	'	'	'
Goodwill and Other Intangible Asset Impairments, Total	'	'	'	'	'	'	'	'	'	17.7	'
Operating Income (Loss)	'	'	'	'	'	'	'	'	'	'	'
Operating Income (Loss) before total charges associated with restructuring activities:	'	'	'	'	'	'	'	'	975.8	830.1	746.7
Makeup	'	'	'	'	'	'	'	'	'	'	'
Net Sales:	'	'	'	'	'	'	'	'	'	'	'
Net Sales before returns associated with restructuring activities	'	'	'	'	'	'	'	'	4,210.20	3,876.90	3,696.80
Depreciation and Amortization:	'	'	'	'	'	'	'	'	'	'	'
Depreciation and amortization	'	'	'	'	'	'	'	'	166.1	144.6	127.8
Operating Income (Loss)	'	'	'	'	'	'	'	'	'	'	'
Operating Income (Loss) before total charges associated with restructuring activities:	'	'	'	'	'	'	'	'	715.9	580.4	538
Fragrance	'	'	'	'	'	'	'	'	'	'	'
Net Sales:	'	'	'	'	'	'	'	'	'	'	'
Net Sales before returns associated with restructuring activities	'	'	'	'	'	'	'	'	1,425	1,310.80	1,271
Depreciation and Amortization:	'	'	'	'	'	'	'	'	'	'	'
Depreciation and amortization	'	'	'	'	'	'	'	'	49.4	42.5	37.5
Operating Income (Loss)	'	'	'	'	'	'	'	'	'	'	'
Operating Income (Loss) before total charges associated with restructuring activities:	'	'	'	'	'	'	'	'	104.1	120.3	100.1
Hair Care	'	'	'	'	'	'	'	'	'	'	'
Net Sales:	'	'	'	'	'	'	'	'	'	'	'
Net Sales before returns associated with restructuring activities	'	'	'	'	'	'	'	'	515.6	488.9	462.4
Depreciation and Amortization:	'	'	'	'	'	'	'	'	'	'	'
Depreciation and amortization	'	'	'	'	'	'	'	'	11.1	9.5	9.5
Goodwill and Other Intangible Asset Impairments:	'	'	'	'	'	'	'	'	'	'	'
Goodwill and Other Intangible Asset Impairments, Total	'	'	'	'	'	'	'	'	'	'	21.7
Operating Income (Loss)	'	'	'	'	'	'	'	'	'	'	'
Operating Income (Loss) before total charges associated with restructuring activities:	'	'	'	'	'	'	'	'	33.7	26.7	12.2
Other	'	'	'	'	'	'	'	'	'	'	'
Net Sales:	'	'	'	'	'	'	'	'	'	'	'
Net Sales before returns associated with restructuring activities	'	'	'	'	'	'	'	'	48.1	41.3	60.3
Depreciation and Amortization:	'	'	'	'	'	'	'	'	'	'	'
Depreciation and amortization	'	'	'	'	'	'	'	'	0.9	0.7	1.1
Operating Income (Loss)	'	'	'	'	'	'	'	'	'	'	'
Operating Income (Loss) before total charges associated with restructuring activities:	'	'	'	'	'	'	'	'	($4.80)	($13.70)	($22.10)

UNAUDITED_QUARTERLY_FINANCIAL_2

UNAUDITED QUARTERLY FINANCIAL DATA (Details) (USD $)	3 Months Ended								12 Months Ended
In Millions, except Per Share data, unless otherwise specified	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Dec. 31, 2012	Sep. 30, 2012	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2012
UNAUDITED QUARTERLY FINANCIAL DATA	'	'	'	'	'	'	'	'	'	'	'
Net Sales	$2,725.30	$2,549.80	$3,018.70	$2,675	$2,407.40	$2,291.80	$2,933	$2,549.50	$10,968.80	$10,181.70	$9,713.60
Gross Profit	2,191.50	2,051.10	2,437.10	2,130.90	1,931.80	1,848.70	2,365	2,010.30	8,810.60	8,155.80	7,717.80
Operating Income	380.2	341.6	656.3	449.5	145.8	245.1	653.1	482	1,827.60	1,526	1,311.70
Net Earnings Attributable to The Estee Lauder Companies Inc.	257.7	213.2	432.5	300.7	94	178.8	447.5	299.5	1,204.10	1,019.80	'
Net earnings attributable to The Estee Lauder Companies Inc. per common share:	'	'	'	'	'	'	'	'	'	'	'
Basic (in dollars per share)	$0.67	$0.55	$1.11	$0.78	$0.24	$0.46	$1.16	$0.77	$3.12	$2.63	$2.20
Diluted (in dollars per share)	$0.66	$0.54	$1.09	$0.76	$0.24	$0.45	$1.13	$0.76	$3.06	$2.58	$2.16
Charges associated with restructuring activities, asset impairment	'	'	'	'	'	'	'	'	'	'	'
Charges associated with restructuring activities	0.8	-0.2	3.5	-1.2	-4.5	1.7	-14.6	-0.4	2.9	-17.8	-63.2
Debt extinguishment charges	'	'	'	'	'	'	'	-19.1	'	'	'
Debt extinguishment charges, net of tax	'	'	'	'	'	'	'	-12.2	'	'	'
Debt extinguishment charges, net of tax per diluted common share (in dollars per share)	'	'	'	'	'	'	'	($0.03)	'	'	'
Charges associated with restructuring activities, net of tax	'	'	2.3	'	-2.8	1	-9.5	'	'	'	'
Charges associated with restructuring activities net of tax, per diluted common share (in dollars per share)	'	'	$0.01	'	($0.01)	'	($0.02)	'	'	'	'
Charges associated with remeasurement of net monetary assets in Venezuela net of tax, per diluted common share (in dollars per share)	'	($0.10)	'	'	'	'	'	'	'	'	'
Other income	'	'	'	'	'	'	21.3	1.8	'	23.1	10.5
Other income, net of tax	'	'	'	'	'	'	13.6	1.2	'	'	'
Other income, net of tax per diluted common share (in dollars per share)	'	'	'	'	'	'	$0.03	'	'	'	'
Loss on Venezuela remeasurement	'	-38.3	'	'	'	'	'	'	-38.3	-2.8	'
Charges associated with impairment of goodwill and other intangible asset impairment charges	'	'	'	'	-17.7	'	'	'	'	-17.7	-21.7
Charges associated with impairment of goodwill and other intangible asset impairment charges, net of tax	'	'	'	'	-15	'	'	'	'	'	'
Charges associated with impairment of goodwill and other intangible asset net of tax, per diluted common share (in dollars per share)	'	'	'	'	($0.04)	'	'	'	'	'	'
SMI rollout, accelerated orders recorded as net sales	178	'	'	'	'	'	94	'	'	'	'
SMI rollout, accelerated orders, operating income	127	'	'	'	'	'	78	'	'	'	'
SMI rollout, accelerated orders, operating income, per diluted common share (in dollars per share)	$0.21	'	'	'	'	'	$0.13	'	'	'	'
Out-of-period Adjustments	'	'	'	'	'	'	'	'	'	'	'
Net increase (decrease) in earnings before taxes	'	'	'	'	'	'	'	'	1,776.80	1,475.20	1,261.10
Net increase (decrease) in net earnings	'	'	'	'	'	'	'	'	1,209.10	1,023.80	860.5
Net increase (decrease) in diluted net earnings per common share (in dollars per share)	$0.66	$0.54	$1.09	$0.76	$0.24	$0.45	$1.13	$0.76	$3.06	$2.58	$2.16
Out-of-period adjustments	'	'	'	'	'	'	'	'	'	'	'
Net earnings attributable to The Estee Lauder Companies Inc. per common share:	'	'	'	'	'	'	'	'	'	'	'
Diluted (in dollars per share)	'	'	'	'	'	'	$0.02	($0.02)	'	'	'
Out-of-period Adjustments	'	'	'	'	'	'	'	'	'	'	'
Net increase (decrease) in earnings before taxes	'	'	'	'	'	'	13.6	-5.9	'	'	'
Net increase (decrease) in net earnings	'	'	'	'	'	'	$9.10	($7.40)	'	'	'
Net increase (decrease) in diluted net earnings per common share (in dollars per share)	'	'	'	'	'	'	$0.02	($0.02)	'	'	'

SCHEDULE_II_VALUATION_AND_QUAL1

SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS (Details) (USD $)	12 Months Ended
In Millions, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2012
Allowance for doubtful accounts and customer deductions:	'	'	'
Reserves deducted in the balance sheet from the assets to which they apply:	'	'	'
Balance at Beginning of Period	$22.70	$31.10	$33.90
Charged to Costs and Expenses	9.5	14.6	11
Deductions	8.3	23	13.8
Balance at End of Period	23.9	22.7	31.1
Sales return accrual:	'	'	'
Reserves deducted in the balance sheet from the assets to which they apply:	'	'	'
Balance at Beginning of Period	74.6	64.8	64.5
Charged to Costs and Expenses	410.2	364.7	378.1
Deductions	391.1	354.9	377.8
Balance at End of Period	93.7	74.6	64.8
Deferred tax valuation allowance:	'	'	'
Reserves deducted in the balance sheet from the assets to which they apply:	'	'	'
Balance at Beginning of Period	92.9	73.2	69.5
Charged to Costs and Expenses	22.9	21.1	35
Deductions	0.6	1.4	31.3
Balance at End of Period	115.2	92.9	73.2
Accrued restructuring and other charges (adjustments):	'	'	'
Reserves deducted in the balance sheet from the assets to which they apply:	'	'	'
Balance at Beginning of Period	28.4	49.2	36.6
Charged to Costs and Expenses	-2.9	14.6	53.6
Deductions	17.6	35.4	41
Balance at End of Period	$7.90	$28.40	$49.20