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                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

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                                  SCHEDULE 13G

                                 (RULE 13D-102)

                 INFORMATION TO BE INCLUDED IN STATEMENTS FILED
                   PURSUANT TO RULES 13D-1(B), (C) AND (D) AND
               AMENDMENTS THERETO FILED PURSUANT TO RULE 13D-2(B)

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                               (AMENDMENT NO. 7)*

                         THE ESTEE LAUDER COMPANIES INC.
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                                (NAME OF ISSUER)

       CLASS A COMMON STOCK,
     PAR VALUE $.01 PER SHARE                                 518439 10 4
--------------------------------------------     -------------------------------
  (TITLE OF CLASS OF SECURITIES)                            (CUSIP NUMBER)

                                DECEMBER 31, 2003
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             (DATE OF EVENT WHICH REQUIRES FILING OF THIS STATEMENT)



CHECK THE APPROPRIATE BOX TO DESIGNATE THE RULE PURSUANT TO WHICH THIS SCHEDULE
IS FILED:

[ ]  RULE 13D-1(B)
[ ]  RULE 13D-1(C)
[X]  RULE 13D-1(D)

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*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 or otherwise subject to the liabilities of that section of the Act but
shall be subject to all other provisions of the Act (however, see the Notes).

                          Continued on Following Pages
                                Page 1 of 7 Pages
                         Exhibit Index Appears on Page 6

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------------------------------------ --------------------------------------------            ---------------------------------------
CUSIP No.                            518439 10 4                                     13G                              Page 2 of 7
------------------------------------ --------------------------------------------            ---------------------------------------

----------------------------- --------------------------------------------------- --------------------------------------------------
             1                NAME OF REPORTING PERSONS:                          THE ESTEE LAUDER 2002 TRUST


                              S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE
                              PERSONS (ENTITIES ONLY):
----------------------------- -----------------------------------------------------------------------------------------------------
             2                CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:*                                   (A) [_]
                                                                                                                   (B) [X]
----------------------------- ------------------------------------------------------------------------------------------------------
             3                SEC USE ONLY

----------------------------- --------------------------------------------------- --------------------------------------------------
             4                CITIZENSHIP OR PLACE OF ORGANIZATION:               NEW YORK

------------------------------------ ------ ------------------------------------------------ ---------------------------------------
             NUMBER OF                 5    SOLE VOTING POWER:                               9,936,803
              SHARES
                                     ------ ------------------------------------------------ ---------------------------------------
           BENEFICIALLY                6    SHARED VOTING POWER:                                  --
             OWNED BY
                                     ------ ------------------------------------------------ ---------------------------------------
               EACH                    7    SOLE DISPOSITIVE POWER:                          9,936,803
             REPORTING
                                     ------ ------------------------------------------------ ---------------------------------------
            PERSON WITH                8    SHARED DISPOSITIVE POWER:                             --

----------------------------- -------------------------------------------------------------- ---------------------------------------
             9                AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:  9,936,803**SEE ITEM 4

----------------------------- -----------------------------------------------------------------------------------------------------
             10               CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES:*                   N/A
                                                                                                                       [_]
----------------------------- -----------------------------------------------------------------------------------------------------
             11               PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9):                              7.5%
                                                                                                              ** SEE ITEM 4
----------------------------- --------------------------------------------------- --------------------------------------------------
             12               TYPE OF REPORTING PERSON:                           OO
----------------------------- --------------------------------------------------- --------------------------------------------------


*  SEE INSTRUCTIONS BEFORE FILLING OUT!



ITEM 1.    IDENTITY OF ISSUER

           (a)                The name of the issuer is The Estee Lauder
                              Companies Inc. (the "Issuer").

           (b)                The address of the Issuer's principal executive
                              office is 767 Fifth Avenue, New York, New York
                              10153.

ITEM 2.    IDENTITY OF PERSON FILING

           (a) - (c)          This report is being filed by The Estee Lauder
                              2002 Trust with a business address of 767 Fifth
                              Avenue, New York, New York 10153 (the "Reporting
                              Person"). The Reporting Person was organized in
                              the State of New York.

           (d) - (e)          This report covers the Issuer's Class A Common
                              Stock, par value $.01 per share (the "Class A
                              Common Stock"). The CUSIP number of the Class A
                              Common Stock is 518439 10 4.

ITEM 3.

           Not Applicable.

ITEM 4.      OWNERSHIP

           (a)                At December 31, 2003, the Reporting Person
                              beneficially owned 9,936,803 shares of Class B
                              Common Stock, par value $.01 per share, of the
                              Issuer (the "Class B Common Stock") held directly
                              by the Reporting Person.

           (b)                Each share of Class B Common Stock is convertible
                              at the option of the holder into one share of
                              Class A Common Stock and is automatically
                              converted into one share of Class A Common Stock
                              upon transfer to a person who is not a Permitted
                              Transferee, as that term is defined in the
                              Issuer's Certificate of Incorporation. Assuming
                              conversion of all such shares of Class B Common
                              Stock beneficially owned by the Reporting Person,
                              the Reporting Person would beneficially own
                              9,936,803 shares of Class A Common Stock, which
                              would constitute 7.5% of the number of shares of
                              Class A Common Stock outstanding.


                              Each share of Class A Common Stock entitles the
                              holder to one vote on each matter submitted to a
                              vote of the Issuer's stockholders and each share
                              of Class B Common Stock entitles the holder to ten
                              votes on each such matter, including the election
                              of directors of the Issuer. Assuming no conversion
                              of any of the outstanding shares of Class B Common
                              Stock, the 9,936,803 shares of Class B Common
                              Stock beneficially owned by the Reporting Person
                              constitute 8.4% of the aggregate voting power of
                              the Issuer.


                                  Page 3 of 7

           (c)                As co-trustees of the Reporting Person, Leonard A.
                              Lauder and Ronald S. Lauder share voting power,
                              and Leonard A. Lauder, Ronald S. Lauder and Ira T.
                              Wender share dispositive power with respect to the
                              9,936,803 shares of Class B Common Stock owned by
                              the Reporting Person.

ITEM 5.    OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS

           Not Applicable.

ITEM 6.    OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON

           Leonard A. Lauder and Ronald S. Lauder, as co-trustees and
           beneficiaries of the Reporting Person, and Ira T. Wender, as a
           co-trustee of the Reporting Person, have the right to receive or the
           power to direct the receipt of dividends from, or the proceeds from
           the sale of, the 9,936,803 shares of Class B Common Stock owned by
           the Reporting Person.

ITEM 7.    IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED
           THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY

           Not Applicable.

ITEM 8.    IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP

           The Reporting Person is a party to a Stockholders' Agreement (the
           "Stockholders' Agreement"), dated November 22, 1995, as amended,
           among the parties listed on Exhibit A attached hereto. The
           stockholders who are parties to the Stockholders' Agreement have
           agreed to vote in favor of the election of Leonard A. Lauder and
           Ronald S. Lauder and one designee of each as directors of the Issuer.
           The Stockholders' Agreement also contains certain limitations on the
           transfer of shares of Class A Common Stock. Each stockholder who is a
           party to the Stockholders' Agreement has agreed to grant to the other
           parties a right of first offer to purchase shares of Class A Common
           Stock of the stockholder in the event the stockholder intends to sell
           to a person (or group of persons) who is not a Lauder Family Member,
           as defined therein, except in certain circumstances, such as sales in
           a widely distributed underwritten public offering or sales made in
           compliance with Rule 144.

ITEM 9.    NOTICE OF DISSOLUTION OF GROUP

           Not Applicable.

ITEM 10.   CERTIFICATION

           Not Applicable.



                                  Page 4 of 7

                                    SIGNATURE

           After reasonable inquiry and to the best of my knowledge and belief,
I certify that the information set forth in this statement is true, complete and
correct.

                                              The Estee Lauder 2002 Trust



Date:        February 12, 2004                 /s/ Leonard A. Lauder
                                              ----------------------------------
                                              Leonard A. Lauder, trustee


Date:        February 12, 2004                 /s/ Ronald S. Lauder
                                              ----------------------------------
                                              Ronald S. Lauder, trustee


Date:        February 12, 2004                 /s/ Ira T. Wender
                                              ----------------------------------
                                              Ira T. Wender, trustee




                                  Page 5 of 7

                                  EXHIBIT INDEX
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Exhibit A  --        List of Parties to the Stockholders' Agreement










                                  Page 6 of 7