GOODWILL

3 Months Ended

Mar. 31, 2020

Goodwill and Intangible Assets Disclosure [Abstract]


	Avon International		Avon Latin America		Total


Net balance at December 31, 2019^*	$	20.0	$	66.2	$	86.2

Changes during the period ended March 31, 2020:


Foreign exchange	(.9)		(11.6)		(12.5)



Net balance at March 31, 2020	$	19.1	$	54.6	$	73.7

*In January 2020 the Company became a fully owned subsidiary of Natura &Co. As a result of this transaction, the Company has updated its reportable segments to align with Natura &Co operations. Previously reported segment information has been recast throughout the financial statements, as applicable, for all periods presented to reflect the changes in the Company’s reportable segments. Refer to Note 10, Segment Information, to the Consolidated Financial Statements contained herein for more information.

In response to the COVID-19 outbreak during the first quarter of 2020, we performed an interim impairment test as of March 31, 2020 and concluded that no impairment was required. The effects of COVID-19 on the global economy may require the performance of interim impairment tests in future periods.