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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Cash Flows from Operating Activities    
Net loss $ (70.4) $ (96.6)
Loss from discontinued operations, net of tax 0.0 12.9
Loss from continuing operations, net of tax (70.4) (83.7)
Adjustments to reconcile net loss to net cash provided (used) by operating activities:    
Depreciation 63.4 62.5
Amortization 22.2 22.4
Provision for doubtful accounts 168.5 114.6
Provision for obsolescence 27.7 26.6
Share-based compensation 22.0 23.1
Foreign exchange losses (gains) 12.0 (0.3)
Deferred income taxes 15.4 (16.3)
Loss on deconsolidation of Venezuela 0.0 120.5
Other 37.0 3.0
Changes in assets and liabilities:    
Accounts receivable (170.1) (167.1)
Inventories (71.6) (109.5)
Prepaid expenses and other 18.0 (16.8)
Accounts payable and accrued liabilities (51.1) (41.7)
Income and other taxes (15.3) (15.3)
Noncurrent assets and liabilities 27.3 (26.3)
Net cash provided (used) by operating activities of continuing operations 35.0 (104.3)
Cash Flows from Investing Activities    
Capital expenditures (66.7) (68.2)
Disposal of assets 3.3 3.3
Distribution from New Avon LLC 22.0 0.0
Reduction of cash due to Venezuela deconsolidation 0.0 (4.5)
Other investing activities (0.1) 1.6
Net cash used by investing activities of continuing operations (41.5) (67.8)
Cash Flows from Financing Activities    
Debt, net (maturities of three months or less) (0.7) (31.4)
Proceeds from debt 0.0 508.7
Repayment of debt (2.3) (311.9)
Repurchase of common stock (6.6) (5.3)
Net proceeds from the sale of series C convertible preferred stock 0.0 426.3
Other financing activities (0.2) (17.2)
Net cash (used) provided by financing activities of continuing operations (9.8) 569.2
Net cash used by operating activities of discontinued operations (7.5) (67.6)
Net cash used by investing activities of discontinued operations 0.0 (94.6)
Net cash used by discontinued operations (7.5) (162.2)
Effect of exchange rate changes on cash and cash equivalents 33.2 (17.9)
Net increase in cash and cash equivalents 9.4 217.0
Cash and cash equivalents at beginning of year 654.4 $ 684.7 [1]
Cash and cash equivalents at end of period $ 663.8  
[1] Includes cash and cash equivalents of discontinued operations of $(2.2) at the beginning of the year in 2016.