XML 25 R2.htm IDEA: XBRL DOCUMENT v3.19.3
Consolidated Statements of Operations - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Revenue $ 1,188.0 $ 1,424.2 $ 3,549.7 $ 4,169.6
Costs, expenses and other:        
Cost of sales (468.2) (538.4) (1,482.7) (1,657.8)
Selling, general and administrative expenses (622.1) (698.9) (1,942.7) (2,227.0)
Operating profit 97.7 186.9 124.3 284.8
Interest expense (32.0) (31.3) (95.9) (102.0)
Loss on extinguishment of debt and credit facilities (8.1) 0.0 (10.1) (2.9)
Interest income 2.1 4.3 5.3 12.0
Other income (expense), net 57.9 22.2 87.3 0.3
Gain on sale of business/assets 26.8 0.0 50.3 0.0
Total other income (expenses) 46.7 (4.8) 36.9 (92.6)
Income from continuing operations, before income taxes 144.4 182.1 161.2 192.2
Income taxes (31.5) (68.3) (78.2) (136.5)
Income from continuing operations, net of tax 112.9 113.8 83.0 55.7
Loss from discontinued operations, net of tax (6.3) 0.0 (29.0) 0.0
Net income 106.6 113.8 54.0 55.7
Net loss attributable to noncontrolling interests 0.3 0.7 0.7 2.4
Net income attributable to Avon $ 106.9 $ 114.5 $ 54.7 $ 58.1
Basic        
Basic from continuing operations (in dollars per share) $ 0.21 $ 0.21 $ 0.14 $ 0.09
Basic from discontinued operations (in dollars per share) (0.01) 0 (0.06) 0
Basic attributable to Avon (in dollars per share) 0.20 0.21 0.08 0.09
Diluted        
Diluted from continuing operations (in dollars per share) 0.21 0.21 0.14 0.09
Diluted from discontinued operations (in dollars per share) (0.01) 0 (0.06) 0
Diluted attributable to Avon (in dollars per share) $ 0.20 $ 0.21 $ 0.08 $ 0.09
Product sales        
Revenue $ 1,117.2 $ 1,346.3 $ 3,342.2 $ 3,924.7
Other revenue        
Revenue $ 70.8 $ 77.9 $ 207.5 $ 244.9