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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2019
Dec. 31, 2018
Current Assets    
Cash, including cash equivalents of $50.9 and $36.2 $ 650.6 $ 532.7
Restricted Cash 2.9 0.0
Accounts receivable (less allowances of $66.6 and $93.0) 280.2 349.7
Inventories 452.3 542.0
Prepaid expenses and other 252.1 272.0
Held for sale assets 22.6 65.6
Total current assets 1,660.7 1,762.0
Property, plant and equipment, at cost    
Land 20.6 22.6
Buildings and improvements 459.2 502.9
Equipment 628.8 682.3
Property, plant and equipment, at cost 1,108.6 1,207.8
Less accumulated depreciation (633.5) (650.2)
Property, plant and equipment, net 475.1 557.6
Right-of-use assets 175.4  
Goodwill 86.2 87.4
Deferred tax asset 161.2 212.6
Other assets 527.7 390.4
Total assets 3,086.3 3,010.0
Liabilities    
Debt maturing within one year 1.8 12.0
Accounts payable 723.3 816.5
Dividends payable 8.7 0.0
Accrued compensation 114.5 85.5
Other accrued liabilities 410.7 451.3
Sales and taxes other than income 118.7 103.9
Income taxes 7.4 15.9
Total current liabilities 1,401.1 1,496.5
Long-term debt 1,590.4 1,581.6
Operating lease liabilities 143.3  
Employee benefit plans 137.6 128.3
Long-term income taxes 128.7 136.2
Other liabilities 90.5 72.1
Total liabilities 3,491.6 3,414.7
Leases and Commitments and contingencies (Notes 16 and 19)
Series C convertible preferred stock 578.5 492.1
Shareholders’ Deficit    
Common stock, par value $0.25 - authorized 1,500.0 shares; issued 770.0 and 761.8 shares 192.6 190.3
Additional paid-in capital 2,321.2 2,303.6
Retained earnings 2,138.9 2,234.3
Accumulated other comprehensive loss (1,040.0) (1,030.4)
Treasury stock, at cost (319.9 and 319.4 shares) (4,603.3) (4,602.3)
Total Avon shareholders’ deficit (990.6) (904.5)
Noncontrolling interests 6.8 7.7
Total shareholders’ deficit (983.8) (896.8)
Total liabilities, series C convertible preferred stock and shareholders’ deficit 3,086.3 3,010.0
Held-for-sale    
Liabilities    
Held for sale liabilities 0.0 11.4
Discontinued Operations    
Liabilities    
Held for sale liabilities $ 16.0 $ 0.0