Results of Operations by Quarter (Unaudited) (Tables)

12 Months Ended

Dec. 31, 2019


2019	First		Second		Third		Fourth		Year
Total revenue	$	1,186.9	$	1,174.8	$	1,188.0	$	1,213.5	$	4,763.2
Gross profit	669.9		677.3		719.8		686.1		2,753.1
Operating (loss) profit⁽¹⁾	(3.9)		30.5		97.7		1.3		125.6
(Loss) income from continuing operations, before taxes	(4.5)		21.3		144.4		(22.8)		138.4
(Loss) income from continuing operations, net of tax⁽²⁾	(24.0)		(5.9)		112.9		(47.7)		35.3
Loss from discontinued operations, net of tax	(9.5)		(13.2)		(6.3)		(7.6)		(36.6)
Net loss (income) attributable to noncontrolling interests	.8		(.4)		.3		.3		1.0
Net (loss) income attributable to Avon	$	(32.7)	$	(19.5)	$	106.9	$	(55.0)	$	(0.3)


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
(Loss) income from continuing operations, before taxes	10.4		(0.3)		182.1		(84.1)		108.1
(Loss) income from continuing operations, net of tax⁽³⁾	(21.1)		(37.0)		113.8		(77.5)		(21.8)

Net (income) 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)

Operating profit (loss) was impacted by the following:


2019	First		Second		Third		Fourth		Year
Certain Brazil indirect taxes	$	—	$	—	$	(67.7)	$	—	$	(67.7)
Costs to implement restructuring initiatives:
Cost of sales	$	4.3	$	8.6	$	(1.0)	$	.6	$	12.5
SG&A expenses	49.2		37.1		18.5		22.0		126.8
Total costs to implement restructuring initiatives	$	53.5	$	45.7	$	17.5	$	22.6	$	139.3

2018	First		Second		Third		Fourth		Year
Brazil IPI tax release	$	—	$	—	$	(168.4)	$	—	$	(168.4)
Costs to implement restructuring initiatives:
Cost of sales	$	.6	$	.5	$	(.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