SEGMENT INFORMATION (Tables)

6 Months Ended

Jun. 30, 2020

Summarized financial information concerning our reportable segments was as follows:


	Three Months Ended June 30,						Six Months Ended June 30,
Total Revenue	2020		2019		2020		2019
Avon International	$	305.0	$	534.1	$	782.1	$	1,108.8
Avon Latin America	299.7		640.7		779.9		1,252.9
Total revenue from reportable segments ⁽¹⁾	604.7		1,174.8		1,562.0		2,361.7
Revenue from affiliates to Natura &Co	1.8		—		1.8		—
Total revenue⁽¹⁾	606.5		1,174.8		1,563.8		2,361.7

Schedule of Operating Profit


	Three Months Ended June 30,						Six Months Ended June 30,
Operating Profit	2020		2019		2020		2019
Segment Profit
Avon International	$	(4.4)	$	44.5	$	(1.7)	$	94.5
Avon Latin America	(50.8)		53.8		(68.0)		66.5
Total profit from reportable segments ⁽²⁾	$	(55.2)	$	98.3	$	(69.7)	$	161.0
Unallocated global expenses⁽³⁾	(1.8)		(9.0)		(1.8)		(18.0)
Certain Brazil Indirect taxes ⁽⁵⁾	10.6		—		10.6		—
CTI restructuring initiatives	(3.4)		(45.7)		(5.2)		(99.2)
Other expenses⁽⁴⁾	(.3)		(13.1)		(85.8)		(17.2)
Operating profit	$	(50.1)	$	30.5	$	(151.9)	$	26.6

⁽¹⁾Total revenue also includes revenue from other operating segments and business activities of $2.4 and $4.5 for the three months ended June 30, 2020 and 2019 and $8.8 and $10.0 for the six months ended June 30, 2020 and 2019, respectively, allocated to Avon International and Avon Latin America segments. Other operating segments and business activities include revenue from the sale of products to New Avon since the separation of the Company’s North America business into New Avon on March 1, 2016 and ongoing royalties from the licensing of our name and products. Previously reported amount has been allocated to Avon International and Avon Latin America segments to conform to the current year presentation.

⁽²⁾Total profit from reportable segments also includes profit from other operating segments and business activities and central expenses allocated to Avon International and Avon Latin America segments. Other operating segments and business activities of $1.2 and $.5 for the three months ended June 30, 2020 and 2019 and $4.1 and $1.1 for the six months ended June 30, 2020 and 2019, respectively, include profit from the sale of products to New Avon since the separation of the Company’s North America business into New Avon on March 1, 2016 and ongoing royalties from the licensing of our name and products. Central expenses of $39.3 and $65.3 for the three months ended June 30, 2020 and 2019 and $103.0 and $128.4 for the six months ended June 30, 2020 and 2019, respectively, include corporate general and administrative expenses allocated to Avon International and Avon Latin America to the extent they support the operating activity of the segment. Previously reported amounts has been allocated to segments to conform to the current year presentation.

⁽³⁾For the three and six months ended June 30, 2020 unallocated global expenses include primarily stewardship and other expenses not directly attributable to reportable segments.

⁽⁴⁾For the six months ended June 30, 2020, other expenses include primarily professional fees incurred in relation to the Transaction of approximately $44, severance payments of approximately $25 and acceleration of share based compensation of approximately $10 relating to these terminations triggered by change in control provisions. Refer to Note 19, Mergers with Natura Cosméticos S.A., to the Consolidated Financial Statements contained herein for more information relating to the Transaction.

⁽⁵⁾The three and six-month periods ended June 30, 2020 include the impact of certain Brazil indirect taxes, which were recorded in selling, general and administrative expenses, net in the amounts of approximately $11.