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CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Millions, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Net sales $ 10,546.1 $ 11,112.0 $ 10,731.3
Other revenue 171.0 [1] 179.6 [1] 131.5 [1]
Total revenue 10,717.1 11,291.6 10,862.8
Costs, expenses and other:      
Cost of sales 4,169.3 4,148.6 4,041.3
Selling, general and administrative expenses 5,980.0 6,025.4 5,748.4
Impairment of goodwill and intangible asset 253.0 263.0 0
Operating profit 314.8 854.6 1,073.1
Interest expense 104.3 92.9 87.1
Interest income (15.1) (16.5) (14.0)
Other expense, net 7.0 35.6 54.6
Total other expenses 96.2 112.0 127.7
Income from continuing operations, before taxes 218.6 [2] 742.6 945.4
Income taxes 256.8 216.2 350.2
(Loss) income from continuing operations, net of tax (38.2) [2],[3] 526.4 595.2
Discontinued operations, net of tax 0 (8.6) 14.1
Net (loss) income (38.2) 517.8 609.3
Net income attributable to noncontrolling interests (4.3) [2],[3] (4.2) (3.0)
Net (loss) income attributable to Avon $ (42.5) [2],[3] $ 513.6 $ 606.3
(Loss) earnings per share:      
Basic from continuing operations $ (0.10) [2],[3],[4] $ 1.20 [4] $ 1.37
Basic from discontinued operations $ 0.00 $ (0.02) $ 0.04
Basic attributable to Avon $ (0.10) $ 1.18 $ 1.40
Diluted from continuing operations $ (0.10) [2],[3],[4] $ 1.20 [4] $ 1.36
Diluted from discontinued operations $ 0.00 $ (0.02) $ 0.03
Diluted attributable to Avon $ (0.10) $ 1.18 $ 1.39
Weighted-average shares outstanding:      
Basic 431.9 430.5 428.8
Diluted 431.9 432.1 431.4
[1] Other revenue primarily includes shipping and handling and order processing fees billed to Representatives.
[2] In addition to the items impacting operating profit above, income (loss) from continuing operations during 2012 was impacted by a benefit of $23.8 to other expense, net in 2012 due to the release of a provision in the fourth quarter associated with the excess cost of acquiring U.S. dollars in Venezuela at the regulated market rate as compared to the official exchange rate. This provision was released as the Company capitalized the associated intercompany liabilities.
[3] Income (loss) from continuing operations, net of tax during 2012 was impacted by an additional provision for income taxes of $168.3. During the fourth quarter of 2012, we determined that the Company may repatriate offshore cash to meet certain domestic funding needs. Accordingly, we are no longer asserting that the undistributed earnings of foreign subsidiaries are indefinitely reinvested.
[4] The sum of per share amounts for the quarters does not necessarily equal that for the year because the computations were made independently.