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Results of Operations by Quarter (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2018
Quarterly Financial Data [Abstract]  
Financial Results of Operations by Quarter
2018
 
First
 
Second
 
Third
 
Fourth
 
Year
 
Total revenue
 
$
1,393.5

 
$
1,351.9

 
$
1,424.2

 
$
1,401.7

 
$
5,571.3

 
Gross profit
 
813.8

 
812.2

 
885.8

 
695.5

 
3,207.3

 
Operating profit(1)
 
44.9

 
53.0

 
186.9

 
(49.6
)
 
235.2

 
Income (Loss) from continuing operations, before taxes
 
10.4

 
(0.3
)
 
182.1

 
(84.1
)
 
108.1

 
(Loss) income from continuing operations, net of tax(2)
 
(21.1
)
 
(37.0
)
 
113.8

 
(77.5
)
 
(21.8
)
 
Net loss attributable to noncontrolling interests
 
.8

 
.9

 
.7

 
(.1
)
 
2.3

 
Net (loss) income attributable to Avon
 
$
(20.3
)
 
$
(36.1
)
 
$
114.5

 
$
(77.6
)
 
$
(19.5
)
 
 
 
 
 
 
 
 
 
 
 
 
 
(Loss) earnings per common share from continuing operations
 
 
 
 
 
 
 
 
 
 
 
Basic
 
$
(.06
)
 
$
(.09
)
 
$
.21

 
$
(.19
)
 
$
(.10
)
(3)
Diluted
 
(.06
)
 
(.09
)
 
.21

 
(.19
)
 
(.10
)
(3)

2017
 
First
 
Second
 
Third
 
Fourth
 
Year
 
Total revenue
 
$
1,333.1

 
$
1,395.9

 
$
1,417.8

 
$
1,568.8

 
$
5,715.6

 
Gross profit
 
816.0

 
870.9

 
867.8

 
957.6

 
3,512.3

 
Operating profit(1)
 
29.8

 
32.7

 
87.3

 
131.5

 
281.3

 
(Loss) income from continuing operations, before taxes
 
(6.7
)
 
(12.2
)
 
48.0

 
91.6

 
120.7

 
(Loss) income from continuing operations, net of tax(3)
 
(36.5
)
 
(45.8
)
 
11.9

 
90.4

 
20.0

 
Net (income) loss attributable to noncontrolling interests
 

 
.3

 
.6

 
1.1

 
2.0

 
Net (loss) income attributable to Avon
 
$
(36.5
)
 
$
(45.5
)
 
$
12.5

 
$
91.5

 
$
22.0

 
 
 
 
 
 
 
 
 
 
 
 
 
(Loss) earnings per common share from continuing operations
 
 
 
 
 
 
 
 
 
 
 
Basic
 
$
(.10
)
 
$
(.12
)
 
$
.01

 
$
.17

 
$

(4)
Diluted
 
(.10
)
 
(.12
)
 
.01

 
.17

 

(4)
Components Impacting Results of Operations
(1) Operating profit (loss) was impacted by the following:
2018
 
First
 
Second
 
Third
 
Fourth
 
Year
Brazil IPI tax release
 
$

 
$

 
$
(168.4
)
 
$

 
$
(168.4
)
Costs to implement restructuring initiatives:
 
 
 
 
 
 
 
 
 
 
Cost of sales
 
0.6

 
0.5

 
(0.1
)
 
90.5

 
91.5

SG&A expenses
 
10.3

 
23.2

 
19.9

 
35.6

 
89.0

Total costs to implement restructuring initiatives
 
$
10.9

 
$
23.7

 
$
19.8

 
$
126.1

 
$
180.5

 
 
 
 
 
 
 
 
 
 
 
2017
 
First
 
Second
 
Third
 
Fourth
 
Year
Costs to implement restructuring initiatives:
 
 
 
 
 
 
 
 
 
 
Cost of sales
 
$
(.1
)
 
$

 
$

 
$
.7

 
$
.6

SG&A expenses
 
10.1

 
20.3

 
6.2

 
23.0

 
59.6

Total costs to implement restructuring initiatives
 
$
10.0

 
$
20.3

 
$
6.2

 
$
23.7

 
$
60.2

Loss contingency
 
$

 
$
18.2

 
$

 
$

 
$
18.2