XML 32 R5.htm IDEA: XBRL DOCUMENT v3.19.2
Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2019
Dec. 31, 2018
Current Assets    
Cash and cash equivalents $ 421.0 $ 532.7
Accounts receivable, net 332.8 349.7
Inventories 515.6 542.0
Prepaid expenses and other 264.2 272.0
Assets held for sale 10.1 65.6
Total current assets 1,543.7 1,762.0
Property, plant and equipment, at cost 1,177.8 1,207.8
Less accumulated depreciation (657.6) (650.2)
Property, plant and equipment, net 520.2 557.6
Right-of-use assets 174.9  
Goodwill 89.9 87.4
Deferred tax asset 208.2 212.6
Other assets 434.3 390.4
Total assets 2,971.2 3,010.0
Current Liabilities    
Debt maturing within one year 398.5 12.0
Accounts payable 682.2 816.5
Accrued compensation 94.1 85.5
Other accrued liabilities 436.1 451.3
Sales taxes and taxes other than income 116.0 103.9
Income taxes 11.7 15.9
Total current liabilities 1,756.7 1,496.5
Long-term debt 1,197.0 1,581.6
Long-term operating lease liability 144.8  
Employee benefit plans 129.6 128.3
Long-term income taxes 140.9 136.2
Other liabilities 54.8 72.1
Total liabilities 3,423.8 3,414.7
Series C convertible preferred stock 504.7 492.1
Shareholders’ Deficit    
Common stock 190.7 190.3
Additional paid-in capital 2,307.5 2,303.6
Retained earnings 2,169.5 2,234.3
Accumulated other comprehensive loss (1,028.9) (1,030.4)
Treasury stock, at cost (4,603.3) (4,602.3)
Total Avon shareholders’ deficit (964.5) (904.5)
Noncontrolling interests 7.2 7.7
Total shareholders’ deficit (957.3) (896.8)
Total liabilities, series C convertible preferred stock and shareholders’ deficit 2,971.2 3,010.0
Held for sale liabilities    
Current Liabilities    
Held for sale liabilities 0.0 11.4
Discontinued operations    
Current Liabilities    
Held for sale liabilities $ 18.1 $ 0.0