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ACCOUNTING POLICIES (Tables)
 9 Months Ended
Sep. 30, 2018
Accounting Policies [Abstract]  
Summary of Disaggregation of Revenue by Product or Service
In the following table, revenue is disaggregated by product or service type. All revenue is recognized at a point in time, when control of a product is transferred to a customer:
 
 
Three Months Ended September 30, 2018
 
 
Reportable segments
 
 
 
 
 
 
Europe, Middle East & Africa
 
South Latin America
 
North Latin America
 
Asia Pacific
 
Total reportable segments
 
Other operating segments and business activities
 
Total
Beauty:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Skincare
 
$
133.7

 
$
137.8

 
$
38.2

 
$
29.3

 
$
339.0

 
$
—

 
$
339.0

Fragrance
 
139.5

 
113.8

 
54.9

 
23.7

 
331.9

 
—

 
331.9

Color
 
80.1

 
76.5

 
21.2

 
14.2

 
192.0

 
—

 
192.0

Total Beauty
 
353.3

 
328.1


114.3


67.2


862.9


—

 
862.9

Fashion & Home:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Fashion
 
58.9

 
46.0

 
25.1

 
44.7

 
174.7

 
—

 
174.7

Home
 
8.7

 
68.6

 
56.0

 
6.8

 
140.1

 
.2

 
140.3

Total Fashion & Home
 
67.6

 
114.6


81.1


51.5


314.8


.2

 
315.0

Brazil IPI tax release *
 
—

 
168.4

 
—

 
—

 
168.4

 
—

 
168.4

Net sales
 
420.9

 
611.1


195.4


118.7


1,346.1


.2

 
1,346.3

Representative fees
 
21.8

 
33.7

 
11.6

 
1.8

 
68.9

 
.1

 
69.0

Other
 
.2

 
.6

 
—

 
—

 
.8

 
8.1

 
8.9

Other revenue
 
22.0

 
34.3

 
11.6

 
1.8

 
69.7

 
8.2

 
77.9

Total revenue
 
$
442.9

 
$
645.4


$
207.0


$
120.5


$
1,415.8


$
8.4

 
$
1,424.2



 
 
Nine Months Ended September 30, 2018
 
 
Reportable segments
 
 
 
 
 
 
Europe, Middle East & Africa
 
South Latin America
 
North Latin America
 
Asia Pacific
 
Total reportable segments
 
Other operating segments and business activities
 
Total
Beauty:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Skincare
 
$
457.4

 
$
423.4

 
$
128.8

 
$
90.9

 
$
1,100.5

 
$
6.4

 
$
1,106.9

Fragrance
 
446.5

 
363.9

 
160.9

 
62.4

 
1,033.7

 
2.9

 
1,036.6

Color
 
299.0

 
237.9

 
62.8

 
40.3

 
640.0

 
4.8

 
644.8

Total Beauty
 
1,202.9

 
1,025.2

 
352.5

 
193.6

 
2,774.2

 
14.1

 
2,788.3

Fashion & Home:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Fashion
 
211.5

 
142.4

 
70.1

 
125.2

 
549.2

 
3.0

 
552.2

Home
 
25.6

 
213.1

 
153.9

 
21.2

 
413.8

 
2.0

 
415.8

Total Fashion & Home
 
237.1

 
355.5

 
224.0

 
146.4

 
963.0

 
5.0

 
968.0

Brazil IPI tax release *
 
—

 
168.4

 
—

 
—

 
168.4

 
—

 
168.4

Net sales
 
1,440.0

 
1,549.1

 
576.5

 
340.0

 
3,905.6

 
19.1

 
3,924.7

Representative fees
 
71.5

 
105.1

 
33.4

 
4.9

 
214.9

 
2.0

 
216.9

Other
 
.5

 
4.4

 
—

 
.1

 
5.0

 
23.0

 
28.0

Other revenue
 
72.0

 
109.5

 
33.4

 
5.0

 
219.9

 
25.0

 
244.9

Total revenue
 
$
1,512.0

 
$
1,658.6

 
$
609.9

 
$
345.0

 
$
4,125.5

 
$
44.1

 
$
4,169.6

* Includes the impact of the Brazil IPI tax release, which was recorded in net sales and other (income) expense, net in the amounts of approximately $168 and approximately $27, respectively, in our Consolidated Income Statements (See Note 7, Contingencies for further information).
Summary of Receivables and Contract Liabilities
The following table provides information about receivables and contract liabilities from contracts with customers at September 30, 2018:
 
 
September 30, 2018
Accounts receivable, net of allowances of $104.7
 
$
374.3

Contract liabilities
 
$
73.6
Summary of Impact of ASC 606
The following tables summarize the impacts of adopting ASC 606 on the Company's consolidated financial statements for the three months ended September 30, 2018:
 
Impact of change in revenue recognition standard
Line items impacted within the Consolidated Statements of Operations
Per consolidated financial statements
 
Adjustments
 
Balances excluding the impact of adopting ASC 606
Revenue
 
 
 
 
 
Net sales
$
1,346.3

 
$
2.8

(1) 
$
1,349.1

Other revenue
77.9

 
(48.3
)
(2) 
29.6

Total revenue
1,424.2

 
(45.5
)
 
1,378.7

 
 
 
 
 
 
Costs and expenses
 
 
 
 
 
Cost of sales
538.4

 
(69.9
)
(3) 
468.5

Selling, general and administrative expenses
698.9

 
16.3

(4) 
715.2

Operating profit
186.9

 
8.1

 
195.0

Income before income taxes
182.1

 
8.1

 
190.2

Income taxes
(68.3
)
 
(.7
)
 
(69.0
)
Net income
113.8

 
7.4

 
121.2

Net income attributable to Avon
114.5

 
7.4

 
121.9

(1) Primarily relates to net impact of the timing of recognition of sales incentives, partially offset by appointment kits, which were reclassified from SG&A.
(2) Relates to Representative fees (primarily brochure fees, late payment fees and certain other fees), which were reclassified from SG&A. Brochure fees were also impacted by the timing of recognition.
(3) Primarily relates to the cost of sales incentives, the cost of brochures paid for by Representatives and the cost of appointment kits, which were reclassified from SG&A. The cost of sales incentives and the cost of brochures were also impacted by the timing of recognition.
(4) Relates to the cost of sales incentives, which were reclassified to cost of sales and were also impacted by the timing of recognition. This was partially offset by Representative fees, which were reclassified to other revenue, and appointment kits, which were reclassified to net sales and cost of sales.
 
Impact of change in revenue recognition standard
Line items impacted within the Consolidated Statements of Other Comprehensive Income
Per consolidated financial statements
 
Adjustments
 
Balances excluding the impact of adopting ASC 606
Net income
113.8

 
$
7.4

 
$
121.2

Foreign currency translation adjustments
(3.8
)
 
(1.6
)
 
(5.4
)
Total other comprehensive loss, net of income taxes
(1.7
)
 
(1.6
)
 
(3.3
)
Comprehensive income
112.1

 
5.8

 
117.9

Comprehensive income attributable to Avon
113.0

 
5.8

 
118.8

The following tables summarize the impacts of adopting ASC 606 on the Company's consolidated financial statements for the nine months ended September 30, 2018:
 
Impact of change in revenue recognition standard
Line items impacted within the Consolidated Statements of Operations
Per consolidated financial statements
 
Adjustments
 
Balances excluding the impact of adopting ASC 606
Revenue
 
 
 
 
 
Net sales
$
3,924.7

 
$
(30.3
)
(1) 
$
3,894.4

Other revenue
244.9

 
(153.6
)
(2) 
91.3

Total revenue
4,169.6

 
(183.9
)
 
3,985.7

 
 
 
 
 
 
Costs and expenses
 
 
 
 
 
Cost of sales
1,657.8

 
(208.5
)
(3) 
1,449.3

Selling, general and administrative expenses
2,227.0

 
37.6

(4) 
2,264.6

Operating profit
284.8

 
(13.0
)
 
271.8

Income before income taxes
192.2

 
(13.0
)
 
179.2

Income taxes
(136.5
)
 
3.0

 
(133.5
)
Net income
55.7

 
(10.0
)
 
45.7

Net income attributable to Avon
58.1

 
(10.0
)
 
48.1

(1) Primarily relates to appointment kits, which were reclassified from SG&A, partially offset by the timing of recognition of sales incentives.
(2) Relates to Representative fees (primarily brochure fees, late payment fees and certain other fees), which were reclassified from SG&A. Brochure fees were also impacted by the timing of recognition.
(3) Primarily relates to the cost of sales incentives, the cost of brochures paid for by Representatives and the cost of appointment kits, which were reclassified from SG&A. The cost of sales incentives and the cost of brochures were also impacted by the timing of recognition.
(4) Relates to the cost of sales incentives, which were reclassified to cost of sales and were also impacted by the timing of recognition. This was partially offset by Representative fees, which were reclassified to other revenue, and appointment kits, which were reclassified to net sales and cost of sales.
 
Impact of change in revenue recognition standard
Line items impacted within the Consolidated Statements of Other Comprehensive Income
Per consolidated financial statements
 
Adjustments
 
Balances excluding the impact of adopting ASC 606
Net income
$
55.7

 
$
(10.0
)
 
$
45.7

Foreign currency translation adjustments
(97.8
)
 
(2.9
)
 
(100.7
)
Total other comprehensive loss, net of income taxes
(90.0
)
 
(2.9
)
 
(92.9
)
Comprehensive loss
(34.3
)
 
(12.9
)
 
(47.2
)
Comprehensive loss attributable to Avon
(31.5
)
 
(12.9
)
 
(44.4
)
 
Impact of change in revenue recognition standard
Line items impacted within the Consolidated Balance Sheets
Per consolidated financial statements
 
Adjustments
 
Balances excluding the impact of adopting ASC 606
Assets
 
 
 
 
 
Accounts receivable, net
$
374.3

 
$
(10.9
)
(1) 
$
363.4

Inventories
682.2

 
(40.1
)
(2) 
642.1

Prepaid expenses and other
264.2

 
46.4

(2) 
310.6

Other assets
584.5

 
(10.2
)
(3) 
574.3

Total assets
3,074.6

 
(14.8
)
 
3,059.8

Liabilities, Series C Convertible Preferred Stock and Shareholders’ Deficit
 
 
 
 

Other accrued liabilities
391.5

 
(38.7
)
(4) 
352.8

Income taxes
25.5

 
(3.0
)
 
22.5

Total current liabilities
1,418.2

 
(41.7
)
 
1,376.5

Other liabilities
77.6

 
(1.3
)
 
76.3

Total liabilities
3,391.6

 
(43.0
)
 
3,348.6

Retained earnings
2,318.4

 
31.1

(5) 
2,349.5

Accumulated other comprehensive loss
(1,015.9
)
 
(2.9
)
 
(1,018.8
)
Total Avon shareholders’ deficit
(810.4
)
 
28.2

 
(782.2
)
Total shareholders’ deficit
(802.9
)
 
28.2

 
(774.7
)
Total liabilities, series C convertible preferred stock and shareholders’ deficit
3,074.6

 
(14.8
)
 
3,059.8

(1) Relates to sales returns, which were reclassified from a reduction of accounts receivable to a refund liability (within other accrued liabilities) and a returns asset (within prepaid expenses and other).
(2) Primarily relates to sales incentives and brochures, both of which were reclassified from prepaid expenses and other to     inventories, and were also impacted by the timing of recognition. In addition, prepaid expenses and other was impacted by the timing of recognition of brochures, as well as the reclassification of sales returns (described above).
(3) Relates to deferred tax assets associated with the cumulative-effect adjustment.
(4) Primarily relates to the contract liability for sales incentives, which is partially offset by the lower accrual for sales incentives. In addition, other accrued liabilities was impacted by the reclassification of sales returns (described above).
(5) Relates to the $41.1 cumulative-effect adjustment upon adoption of ASC 606, partially offset by the year-to-date $10.0 net loss adjustment.
 
Impact of change in revenue recognition standard
Line items impacted within the Consolidated Statements of Cash Flows
Per consolidated financial statements
 
Adjustments
 
Balances excluding the impact of adopting ASC 606
Net income
$
55.7

 
$
(10.0
)
 
$
45.7

Other
14.2

 
(2.9
)
 
11.3

Changes in assets and liabilities:
 
 
 
 


Accounts receivable
(93.4
)
 
2.3

 
(91.1
)
Inventories
(131.8
)
 
0.8

 
(131.0
)
Prepaid expenses and other
(38.2
)
 
5.3

 
(32.9
)
Accounts payable and accrued liabilities
(30.7
)
 
9.8

 
(20.9
)
Income and other taxes
74.1

 
(3.0
)
 
71.1

Noncurrent assets and liabilities
60.7

 
(2.3
)
 
58.4