Earnings per Share and Share Repurchases (Tables)

9 Months Ended

Sep. 30, 2011

Earnings Per Share Reconciliation [Abstract]

Components of Basic and Diluted Earnings per Share

	Three Months Ended						Nine Months Ended
	September 30,						September 30,
(Shares in millions)	2011			2010			2011			2010
Numerator from continuing operations
Income from continuing operations less amounts attributable to noncontrolling interests	$	164.2		$	166.3		$	522.6		$	371.5
Less: Earnings allocated to participating securities	(1.4		)	(1.3		)	(4.4		)	(2.8		)
Income from continuing operations allocated to common shareholders	162.8			165.0			518.2			368.7
Numerator from discontinued operations
Income (loss) from discontinued operations plus/less amounts attributable to noncontrolling interests	$	—		$	0.5		$	(8.6	)	$	5.4
Less: Earnings allocated to participating securities	—			—			—			—
Income (loss) allocated to common shareholders	—			0.5			(8.6		)	5.4
Numerator attributable to Avon
Income attributable to Avon less amounts attributable to noncontrolling interests	$	164.2		$	166.8		$	514.0		$	376.9
Less: Earnings allocated to participating securities	(1.4		)	(1.3		)	(4.4		)	(2.8		)
Income allocated to common shareholders	162.8			165.5			509.6			374.1
Denominator:
Basic EPS weighted-average shares outstanding	430.73			429.07			430.33			428.53
Diluted effect of assumed conversion of stock options	3.23			3.30			3.21			3.31
Diluted EPS adjusted weighted-average shares outstanding	433.96			432.37			433.54			431.84
Earnings per Common Share from continuing operations:
Basic	$	0.38		$	0.38		$	1.20		$	0.86
Diluted	$	0.38		$	0.38		$	1.20		$	0.86
Income (loss) per Common Share from discontinued operations:
Basic	$	—		$	—		$	(0.02	)	$	0.01
Diluted	$	—		$	—		$	(0.02	)	$	0.01
Earnings per Common Share attributable to Avon:
Basic	$	0.38		$	0.39		$	1.18		$	0.87
Diluted	$	0.38		$	0.38		$	1.18		$	0.87