What it is:A cult-favorite, multipurpose lip balm to soothe dry lips and skin. What it is formulated to do:This must-have lip balm calms and heals irritation, and soothes the sting of minor burns. Easy-to-use and versatile, dab it on chapped lips, elbows, or knees to condition and relieve dryness. It is also an excellent remedy for the treatment of diaper rash.