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RELATED PARTY TRANSACTIONS (Details) - USD ($)
$ in Millions
3 Months Ended 7 Months Ended 9 Months Ended
Mar. 01, 2016
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Mar. 31, 2016
Related Party Transaction [Line Items]              
Other comprehensive income related to New Avon investment         $ 1.2 $ 0.0  
Dividend rate 1.25%            
Dividends, Preferred Stock   $ 0.0 $ 0.0   0.0 0.0  
Equity Method Investee [Member]              
Related Party Transaction [Line Items]              
Transition services, research and development and subleases   6.8 9.4   20.3 23.3  
Standby letters of credit, recorded liability   1.6     1.6   $ 2.1
Equity Method Investee [Member] | Transition Services Agreement [Member]              
Related Party Transaction [Line Items]              
Transition services, research and development and subleases [1]   7.4 10.2   22.5 25.1  
Equity Method Investee [Member] | Manufacturing and Supply Agreement [Member]              
Related Party Transaction [Line Items]              
Revenue from sale of product to New Avon(1) [2]   8.3 6.9   25.9 20.4  
Gross profit from sale of product to New Avon(1) [2]   0.2 0.5   1.5 1.4  
Cost of sales for purchases from New Avon(2) [3]   0.9 1.2   3.0 4.1  
Purchases from related party supply agreement   0.8 1.0   2.7 4.6  
Equity Method Investee [Member] | Project Management Agreement [Member]              
Related Party Transaction [Line Items]              
Project management team(4) [4]   0.6 0.8   2.2 1.8  
Transformation Plan [Member]              
Related Party Transaction [Line Items]              
Project management team(4)   0.6 0.8   2.2 $ 1.8  
Series C Preferred Stock [Member]              
Related Party Transaction [Line Items]              
Dividends Payable   35.6     35.6    
Shares issued 435,000            
Shares issued, value $ 435.0            
New Avon [Member]              
Related Party Transaction [Line Items]              
Other comprehensive income related to New Avon investment         0.1    
New Avon [Member] | Other Expense [Member]              
Related Party Transaction [Line Items]              
Income (Loss) from Equity Method Investments   $ (1.7) $ (4.5) $ (9.0) (11.5)    
Equity method investment, income (loss) from purchase accounting         $ (0.5)    
[1] The Company also entered into a transition services agreement to provide certain services to New Avon, as well as an intellectual property ("IP") license agreement, an agreement for research and development and subleases for office space. In addition, New Avon is performing certain services for the Company under a similar transition services agreement. The Company recorded a net $7.4 and $10.2 reduction of selling, general and administrative expenses associated with these agreements during the three months ended September 30, 2017 and 2016, respectively, and a net $22.5 and $25.1 reduction of selling, general and administrative expenses associated with these agreements during the nine months ended September 30, 2017 and 2016, respectively. The net reduction of selling, general and administrative expenses associated with these agreements generally represents a recovery of the related costs.
[2] The Company supplies product to New Avon as part of a manufacturing and supply agreement. The Company recorded revenue of $8.3 and $6.9, within other revenue, and gross profit of $.2 and $.5 associated with this agreement during the three months ended September 30, 2017 and 2016, respectively. The Company recorded revenue of $25.9 and $20.4, within other revenue, and gross profit of $1.5 and $1.4 associated with this agreement during the nine months ended September 30, 2017 and 2016, respectively.
[3] New Avon supplies product to the Company as part of the same manufacturing and supply agreement noted above. The Company purchased $.8 and $1.0 from New Avon associated with this agreement during the three months ended September 30, 2017 and 2016, respectively, and recorded $.9 and $1.2 associated with these purchases within cost of sales during the three months ended September 30, 2017 and 2016, respectively. The Company purchased $2.7 and $4.6 from New Avon associated with this agreement during the nine months ended September 30, 2017 and 2016, respectively and recorded $3.0 and $4.1 associated with these purchases within cost of sales during the nine months ended September 30, 2017 and 2016, respectively.
[4] The Company also entered into agreements with an affiliate of Cerberus, which provide for the secondment of Cerberus affiliate personnel to the Company's project management team responsible for assisting with the execution of the transformation plan (the "Transformation Plan") announced in January 2016. The Company recorded $.6 and $.8 in selling, general and administrative expenses associated with these agreements during the three months ended September 30, 2017 and 2016, respectively, and recorded $2.2 and $1.8 in selling, general and administrative expenses associated with these agreements during the nine months ended September 30, 2017 and 2016, respectively. See Note 12, Restructuring Initiatives for additional information related to the Transformation Plan.