XML 51 R34.htm IDEA: XBRL DOCUMENT v3.8.0.1
Description of the Business and Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2017
Earnings Per Share Reconciliation [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
For each of the three years ended December 31 the components of basic and diluted EPS were as follows:
(Shares in millions)
 
2017
 
2016
 
2015
Numerator from continuing operations:
 
 
 
 
 
 
Income (loss) from continuing operations less amounts attributable to noncontrolling interests
 
$
22.0

 
$
(93.6
)
 
$
(799.8
)
Less: Earnings (loss) allocated to participating securities
 
.3

 
(1.2
)
 
(10.9
)
Less: Earnings allocated to convertible preferred stock
 
23.1

 
18.4

 

Loss from continuing operations allocated to common shareholders
 
(1.4
)
 
(110.8
)
 
(788.9
)
Numerator from discontinued operations:
 
 
 
 
 
 
Loss from discontinued operations less amounts attributable to noncontrolling interests
 
$

 
$
(14.0
)
 
$
(349.1
)
Less: Loss allocated to participating securities
 

 
(.2
)
 
(4.7
)
Loss from discontinued operations allocated to common shareholders
 

 
(13.8
)
 
(344.4
)
Numerator attributable to Avon:
 
 
 
 
 
 
Net income (loss) attributable to Avon less amounts attributable to noncontrolling interests
 
$
22.0

 
$
(107.6
)
 
$
(1,148.9
)
Less: Earnings (loss) allocated to participating securities
 
.3

 
(1.4
)
 
(15.7
)
Less: Earnings allocated to convertible preferred stock
 
23.1

 
18.4

 

Loss attributable to Avon allocated to common shareholders
 
(1.4
)
 
(124.6
)
 
(1,133.2
)
Denominator:
 
 
 
 
 
 
Basic EPS weighted-average shares outstanding
 
439.7

 
437.0

 
435.2

Diluted effect of assumed conversion of stock options
 

 

 

Diluted effect of assumed conversion of preferred stock
 

 

 

Diluted EPS adjusted weighted-average shares outstanding
 
439.7

 
437.0

 
435.2

Loss per Common Share from continuing operations:
 
 
 
 
 
 
Basic
 
$
(.00
)
 
$
(.25
)
 
$
(1.81
)
Diluted
 
(.00
)
 
(.25
)
 
(1.81
)
Loss per Common Share from discontinued operations:
 
 
 
 
 
 
Basic
 
$
.00

 
$
(.03
)
 
$
(.79
)
Diluted
 
.00

 
(.03
)
 
(.79
)
Loss per Common Share attributable to Avon:
 
 
 
 
 
 
Basic
 
$
(.00
)
 
$
(.29
)
 
$
(2.60
)
Diluted
 
(.00
)
 
(.29
)
 
(2.60
)