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Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2016
Dec. 31, 2015
Current Assets    
Cash and cash equivalents $ 901.7 $ 686.9
Accounts receivable, net 505.2 443.0
Inventories 706.4 624.0
Prepaid expenses and other 323.5 296.1
Current assets of discontinued operations 4.7 291.1
Total current assets 2,441.5 2,341.1
Property, plant and equipment, at cost 1,529.4 1,495.7
Less accumulated depreciation (782.7) (728.8)
Property, plant and equipment, net 746.7 766.9
Goodwill 98.1 92.3
Other assets 619.2 490.0
Noncurrent assets of discontinued operations 0.0 180.1
Total assets 3,905.5 3,870.4
Current Liabilities    
Debt maturing within one year 111.3 55.2
Accounts payable 760.1 774.2
Accrued compensation 156.0 157.6
Other accrued liabilities 399.7 419.6
Sales and taxes other than income 144.0 174.9
Income taxes 4.4 23.9
Payable to discontinued operations 0.0 100.0
Current liabilities of discontinued operations 12.9 489.7
Total current liabilities 1,588.4 2,195.1
Long-term debt 2,226.8 2,150.5
Employee benefit plans 162.5 177.5
Long-term income taxes 77.1 65.1
Other liabilities 187.1 78.4
Noncurrent liabilities of discontinued operations 0.0 260.2
Total liabilities 4,241.9 4,926.8
Commitments and contingencies (Note 8)
Series C convertible preferred stock 439.1 0.0
Shareholders’ Deficit    
Common stock 188.7 187.9
Additional paid-in capital 2,272.2 2,254.0
Retained earnings 2,338.5 2,448.1
Accumulated other comprehensive loss (989.0) (1,366.2)
Treasury stock, at cost (4,599.4) (4,594.1)
Total Avon shareholders’ deficit (789.0) (1,070.3)
Noncontrolling interests 13.5 13.9
Total shareholders’ deficit (775.5) (1,056.4)
Total liabilities, series C convertible preferred stock and shareholders’ deficit $ 3,905.5 $ 3,870.4