Pursuant to the adoption of SFAS No. 142 and effective July 1, 2001, trademarks have been classified as indefinite lived assets and are no longer amortized, and are evalu- ated periodically for impairment. The cost of other intan- gible assets is amortized on a straight-line basis over  their estimated useful lives. The aggregate amortization expenses related to amortizable intangible assets for the years ended June 30, 2003, 2002 and 2001 were $1.9 million, $1.5 million and $9.6 million, respectively. In accordance with SFAS No. 144, “Accounting for the Impairment or Disposal of Long-Lived Assets,” long-lived assets are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of the assets in question may not be recoverable. An impairment would be recorded in circumstances where undiscounted cash flows expected to be generated by an asset are less than the carrying value of that asset. The components of accumulated other comprehensive income (loss) (“OCI”) included in the accompanying consoli- dated balance sheets consist of the following: 2003. Offsetting the aforementioned was a $1.7 million, net of tax, gain relating to treasury lock agreements that expire in September 2003 which will be settled upon the issuance of new debt, if completed. Any realized gain  or loss to be received or paid by the Company will be amortized in interest expense over the life of the new debt. Of the $1.5 million, net of tax, derivative instruments loss recorded in OCI at June 30, 2003, $3.2 million, net of tax, related to foreign currency derivatives that the Company estimates will be classified to earnings as losses during the next twelve months assuming exchange rates at the time of settlement are equal to the forward rates as of June 30, THEEST{E LAUDER COMPANIES INC. 62 Other intangible assets consist of the following: Long-Lived Assets Other Intangible Assets Accumulated Other Comprehensive Income  Gross Total Carrying Accumulated Net Book JUNE 30, 2002 Value Amortization Value (In millions) License agreements $15.0 $ 6.2 $ 8.8 Trademarks and other 15.2 6.7 8.5 Patents 1.6 0.5 1.1 Total $31.8 $13.4 $18.4 Gross Total Carrying Accumulated Net Book JUNE 30, 2003 Value Amortization Value (In millions) License agreements $32.4 $ 7.9 $24.5 Trademarks and other 46.7 6.7 39.9 Patents 1.6 0.6 1.0 Total $80.7 $15.3 $65.4 YEAR ENDED JUNE 30 2003 2002 2001 (In millions) Net unrealized investment gains (losses), beginning of year $ (0.1) $ 2.9 $ 13.9 Unrealized investment gains (losses) 1.4 (5.0) (18.3) Provision for deferred income taxes (0.6) 2.0 7.3 Net unrealized investment gains (losses), end of year 0.7 (0.1) 2.9 Net derivative instruments, beginning of year (9.1) (2.0) — Gain (loss) on derivative instruments (1.6) (16.1) 8.8 Provision for deferred income taxes 0.5 5.5 (3.1) Reclassification to earnings during the year 13.3 5.3 (12.0) Provision for deferred income taxes on reclassification (4.6) (1.8) 4.3 Net derivative instruments, end of year (1.5) (9.1) (2.0) Net minimum pension liability adjustments, beginning of year (20.3) (12.4) — Minimum pension liability adjustments (30.8) (11.6) (19.4) Provision for deferred income taxes 10.5 3.7 7.0 Net minimum pension liability adjustments, end of year (40.6) (20.3) (12.4) Cumulative translation adjustments, beginning of year (63.0) (109.0) (71.0) Translation adjustments 51.3 46.0 (38.0) Cumulative translation adjustments, end of year (11.7) (63.0) (109.0) Accumulated other comprehensive income (loss) $(53.1) $ (92.5) $(120.5)