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Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2016
Dec. 31, 2015
Current Assets    
Cash and cash equivalents $ 753.5 $ 686.9
Accounts receivable, net 427.9 443.0
Inventories 683.6 624.0
Prepaid expenses and other 331.2 296.1
Current assets of discontinued operations 13.5 291.1
Total current assets 2,209.7 2,341.1
Property, plant and equipment, at cost 1,502.8 1,495.7
Less accumulated depreciation (754.1) (728.8)
Property, plant and equipment, net 748.7 766.9
Goodwill 94.9 92.3
Other assets 575.8 490.0
Noncurrent assets of discontinued operations 0.0 180.1
Total assets 3,629.1 3,870.4
Current Liabilities    
Debt maturing within one year 69.0 55.2
Accounts payable 732.9 774.2
Accrued compensation 124.4 157.6
Other accrued liabilities 413.2 419.6
Sales and taxes other than income 204.2 174.9
Income taxes 24.1 23.9
Payable to discontinued operations 0.0 100.0
Current liabilities of discontinued operations 37.3 489.7
Total current liabilities 1,605.1 2,195.1
Long-term debt 2,145.0 2,150.5
Employee benefit plans 169.1 177.5
Long-term income taxes 67.4 65.1
Other liabilities 78.2 78.4
Noncurrent liabilities of discontinued operations 0.0 260.2
Total liabilities $ 4,064.8 $ 4,926.8
Commitments and contingencies (Note 8)
Series C convertible preferred stock $ 428.1 $ 0.0
Shareholders’ Deficit    
Common stock 188.4 187.9
Additional paid-in capital 2,256.5 2,254.0
Retained earnings 2,280.5 2,448.1
Accumulated other comprehensive loss (1,006.6) (1,366.2)
Treasury stock, at cost (4,597.6) (4,594.1)
Total Avon shareholders’ deficit (878.8) (1,070.3)
Noncontrolling interests 15.0 13.9
Total shareholders’ deficit (863.8) (1,056.4)
Total liabilities, series C convertible preferred stock and shareholders’ deficit $ 3,629.1 $ 3,870.4