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Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2018
Dec. 31, 2017
Current Assets    
Cash and cash equivalents $ 772.5 $ 881.5
Accounts receivable, net 429.0 457.2
Inventories 697.0 598.2
Prepaid expenses and other 251.0 296.4
Total current assets 2,149.5 2,233.3
Property, plant and equipment, at cost 1,514.8 1,481.9
Less accumulated depreciation (812.1) (779.2)
Property, plant and equipment, net 702.7 702.7
Goodwill 100.9 95.7
Other assets 687.3 666.2
Total assets 3,640.4 3,697.9
Current Liabilities    
Debt maturing within one year 270.8 25.7
Accounts payable 803.0 832.2
Accrued compensation 121.4 130.3
Other accrued liabilities 401.1 405.6
Sales taxes and taxes other than income 146.3 153.0
Income taxes 8.2 12.8
Total current liabilities 1,750.8 1,559.6
Long-term debt 1,629.6 1,872.2
Employee benefit plans 151.4 150.6
Long-term income taxes 96.6 84.9
Long-term sales taxes and taxes other than income 204.6 193.1
Other liabilities 80.2 84.4
Total liabilities 3,913.2 3,944.8
Commitments and contingencies (Note 7)
Series C convertible preferred stock 473.8 467.8
Shareholders’ Deficit    
Common stock 190.3 189.7
Additional paid-in capital 2,293.7 2,291.2
Retained earnings 2,252.5 2,320.3
Accumulated other comprehensive loss (891.0) (926.2)
Treasury stock, at cost (4,601.8) (4,600.0)
Total Avon shareholders’ deficit (756.3) (725.0)
Noncontrolling interests 9.7 10.3
Total shareholders’ deficit (746.6) (714.7)
Total liabilities, series C convertible preferred stock and shareholders’ deficit $ 3,640.4 $ 3,697.9