v3.26.1
GOODWILL AND INTANGIBLE ASSETS (Tables)
12 Months Ended
Jun. 30, 2026
Intangible Asset, Goodwill and Other [Abstract]  
Goodwill
The change in the net carrying amount of goodwill by reportable segment was as follows:
BeautyGroomingHealth CareFabric & Home CareBaby, Feminine & Family CareTOTAL
BALANCE AT JUNE 30, 2024 - NET (1)
$13,723 $12,633 $7,638 $1,810 $4,499 $40,303 
Acquisitions and divestitures— — — — — — 
Translation and other507 360 303 38 141 1,348 
BALANCE AT JUNE 30, 2025 - NET (1)
14,229 12,993 7,941 1,848 4,640 41,650 
Acquisitions and divestitures  40   40 
Translation and other(157)(105)(96)(10)(45)(414)
BALANCE AT JUNE 30, 2026 - NET (1)
$14,073 $12,887 $7,884 $1,838 $4,595 $41,276 
(1)Grooming goodwill balance is net of $7.9 billion accumulated impairment losses.
Intangible Asset, Finite-Lived
Identifiable intangible assets were comprised of:
20262025
As of June 30Gross Carrying AmountAccumulated
Amortization
Gross Carrying AmountAccumulated
Amortization
INTANGIBLE ASSETS WITH DETERMINABLE LIVES
Brands$4,421 $(3,181)$4,449 $(3,019)
Patents and technology2,795 (2,739)2,803 (2,722)
Customer relationships1,866 (1,300)1,879 (1,236)
Other82 (35)73 (31)
TOTAL$9,164 $(7,255)$9,204 $(7,008)
INTANGIBLE ASSETS WITH INDEFINITE LIVES
Brands19,535 — 19,714 — 
TOTAL INTANGIBLE ASSETS$28,699 $(7,255)$28,918 $(7,008)
Intangible Asset, Indefinite-Lived
Identifiable intangible assets were comprised of:
20262025
As of June 30Gross Carrying AmountAccumulated
Amortization
Gross Carrying AmountAccumulated
Amortization
INTANGIBLE ASSETS WITH DETERMINABLE LIVES
Brands$4,421 $(3,181)$4,449 $(3,019)
Patents and technology2,795 (2,739)2,803 (2,722)
Customer relationships1,866 (1,300)1,879 (1,236)
Other82 (35)73 (31)
TOTAL$9,164 $(7,255)$9,204 $(7,008)
INTANGIBLE ASSETS WITH INDEFINITE LIVES
Brands19,535 — 19,714 — 
TOTAL INTANGIBLE ASSETS$28,699 $(7,255)$28,918 $(7,008)
Schedule of Amortization Expense
Amortization expense of intangible assets was as follows:
Fiscal years ended June 30202620252024
Intangible asset amortization$308 $320 $338 
Intangible Asset, Finite-Lived, and Capitalized Cost, Software to be Sold, Leased, or Marketed, Estimated Amortization Expense
Estimated amortization expense over the next five fiscal years is as follows:
Fiscal years ending June 3020272028202920302031
Estimated amortization expense$297 $256 $206 $181 $166