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Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2017
Dec. 31, 2016
Current Assets    
Cash and cash equivalents $ 663.8 $ 654.4
Accounts receivable, net 473.5 458.9
Inventories 662.5 586.4
Prepaid expenses and other 292.2 291.3
Current assets of discontinued operations 0.5 1.3
Total current assets 2,092.5 1,992.3
Property, plant and equipment, at cost 1,488.3 1,424.1
Less accumulated depreciation (781.8) (712.8)
Property, plant and equipment, net 706.5 711.3
Goodwill 96.8 93.6
Other assets 620.8 621.7
Total assets 3,516.6 3,418.9
Current Liabilities    
Debt maturing within one year 16.1 18.1
Accounts payable 796.7 768.1
Accrued compensation 149.0 129.2
Other accrued liabilities 360.6 401.9
Sales taxes and taxes other than income 137.5 147.0
Income taxes 9.1 10.7
Current liabilities of discontinued operations 2.5 10.7
Total current liabilities 1,471.5 1,485.7
Long-term debt 1,873.0 1,875.8
Employee benefit plans 160.9 164.5
Long-term income taxes 82.9 78.6
Long-term sales taxes and taxes other than income 185.2 124.5
Other liabilities 90.6 81.3
Total liabilities 3,864.1 3,810.4
Commitments and contingencies (Note 8)
Series C convertible preferred stock 461.9 444.7
Shareholders’ Deficit    
Common stock 189.7 188.8
Additional paid-in capital 2,290.7 2,273.9
Retained earnings 2,235.4 2,322.2
Accumulated other comprehensive loss (934.6) (1,033.2)
Treasury stock, at cost (4,601.7) (4,599.7)
Total Avon shareholders’ deficit (820.5) (848.0)
Noncontrolling interests 11.1 11.8
Total shareholders’ deficit (809.4) (836.2)
Total liabilities, series C convertible preferred stock and shareholders’ deficit $ 3,516.6 $ 3,418.9