RESTRICTED CASH

6 Months Ended

Jun. 30, 2019

Restricted Cash and Cash Equivalents [Abstract]

RESTRICTED CASH

Restricted cash is related to the sale of Avon Manufacturing (Guangzhou), Ltd. as described in Note 3, Discontinued Operations, Assets and Liabilities Held for Sale and Divestitures.

Restricted cash is subject to legal restrictions imposed by the Equity Purchase Agreement between TheFaceShop Co., Ltd., an affiliate of LG Household & Health Care Ltd., Avon Asia Holdings Company and Avon Products (China) Co., Ltd. related to the sale of Avon Manufacturing (Guangzhou), Ltd. These deposits are not available for general use by the Company.

The following table provides a reconciliation of cash, cash equivalents, and restricted cash reported within the Consolidated Balance Sheet that sum to the total of the same such amounts shown in the Consolidated Statement of Cash Flows for the six month period ended June 30, 2019.



	June 30, 2019		December 31, 2018
Cash and cash equivalents	$	421.0	$	532.7
Long-term restricted cash⁽¹⁾	7.6		—
Held for sale cash and cash equivalents	—		3.7
Cash and cash equivalents, and restricted cash at end of period per the statement of cash flows	$	428.6	$	536.4

⁽¹⁾ Long-term restricted cash is presented in other assets in our Consolidated Balance Sheets.