CHARGES ASSOCIATED WITH RESTRUCTURING AND OTHER ACTIVITIES (Tables)

3 Months Ended

Sep. 30, 2025

Restructuring and Related Activities [Abstract]

Schedule Of Restructuring And Other Charges Expected To Be Incurred

Cumulative charges for initiatives approved by the Company in connection with the Restructuring Program as of September 30, 2025 and through October 26, 2025, were:


	Sales Returns (included in Net Sales)		Cost of Sales		Operating Expenses				Total
(In millions)					Restructuring Charges		Other Charges
Total Charges Approved
Cumulative charges approved through June 30, 2025	$	4	$	10	$	552	$	114	$	680
Three months ended September 30, 2025	1		—		107		39		147
Cumulative charges approved through September 30, 2025	5		10		659		153		827
October 1, 2025 - October 26, 2025	(1)		—		24		2		25
Cumulative charges approved through October 26, 2025	$	4	$	10	$	683	$	155	$	852

Included in the above table, cumulative restructuring charges for initiatives approved by the Company in connection with the Restructuring Program as of September 30, 2025 and through October 26, 2025, by major cost type were:


(In millions)	Employee- Related Costs		Asset- Related Costs		Contract Terminations		Other Exit Costs		Total
Restructuring Charges Approved
Cumulative charges approved through June 30, 2025	$	512	$	14	$	3	$	23	$	552
Three months ended September 30, 2025	64		39		1		3		107
Cumulative charges approved through September 30, 2025	576		53		4		26		659
October 1, 2025 - October 26, 2025	23		—		—		1		24
Cumulative charges approved through October 26, 2025	$	599	$	53	$	4	$	27	$	683

Schedule of Total Cumulative Charges Recorded Associated With Restructuring and Other activities

Total cumulative charges recorded associated with restructuring and other activities for the Restructuring Program were:


	Sales Returns (included in Net Sales)		Cost of Sales		Operating Expenses				Total
(In millions)					Restructuring Charges		Other Charges
Total Charges
Cumulative charges through June 30, 2025	$	—	$	9	$	524	$	77	$	610
Three months ended September 30, 2025	—		(2)		72		17		87
Cumulative charges through September 30, 2025	$	—	$	7	$	596	$	94	$	697

Included in the above table, cumulative restructuring charges recorded by the Company in connection with the Restructuring Program as of September 30, 2025, by major cost type were:


(In millions)	Employee- Related Costs		Asset- Related Costs		Contract Terminations		Other Exit Costs		Total
Restructuring Charges
Cumulative charges through June 30, 2025	$	503	$	13	$	3	$	5	$	524
Three months ended September 30, 2025	66		5		—		1		72
Cumulative charges through September 30, 2025	$	569	$	18	$	3	$	6	$	596

Schedule of Changes in Accrued Restructuring Charges

Changes in accrued restructuring charges from the Restructuring Program for the three months ended September 30, 2025 were:


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




Balance at June 30, 2025	$	369	$	—	$	2	$	—	$	371

Charges	66		5		—		1		72
Cash payments	(66)		—		—		(1)		(67)
Non-cash asset-related costs	—		(5)		—		—		(5)
Translation and other adjustments	(2)		—		—		—		(2)
Balance at September 30, 2025	$	367	$	—	$	2	$	—	$	369

ESTEE LAUDER COMPANIES INC 10-Q