XML 16 R5.htm IDEA: XBRL DOCUMENT v3.20.2
Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2020
Dec. 31, 2019
Current Assets    
Cash and cash equivalents $ 285.8 $ 650.6
Restricted cash 10.7 2.9
Accounts receivable, net 156.9 280.2
Receivables from affiliates of Natura &Co 1.9 0.0
Inventories 436.7 452.3
Prepaid expenses and other 240.5 252.1
Assets held for sale 12.3 22.6
Total current assets 1,144.8 1,660.7
Property, plant and equipment, at cost 1,086.6 1,203.0
Less accumulated depreciation (665.7) (715.0)
Property, plant and equipment, net 420.9 488.0
Right-of-use assets 160.1 175.4
Goodwill 76.9 86.2
Deferred tax asset 126.5 161.2
Other assets 438.0 514.8
Total assets 2,367.2 3,086.3
Current Liabilities    
Debt maturing within one year 28.2 1.8
Loan from affiliates of Natura &Co 4.6 0.0
Accounts payable 538.8 723.3
Payables to affiliates of Natura &Co 91.5 0.0
Dividends payable 0.0 8.7
Accrued compensation 73.8 114.5
Other accrued liabilities 344.2 410.7
Sales taxes and taxes other than income 95.2 118.7
Income taxes 0.0 7.4
Current liabilities of discontinued operations 17.3 16.0
Total current liabilities 1,193.6 1,401.1
Long-term debt 1,593.1 1,590.4
Long-term operating lease liability 129.3 143.3
Employee benefit plans 130.5 137.6
Long-term income taxes 113.7 128.7
Other liabilities 86.5 90.5
Total liabilities 3,246.7 3,491.6
Series C convertible preferred stock 0.0 578.5
Shareholders’ Deficit    
Common stock 0.0 192.6
Additional paid-in capital 524.2 2,321.2
Retained earnings (262.9) 2,138.9
Accumulated other comprehensive loss (1,145.8) (1,040.0)
Treasury stock, at cost 0.0 (4,603.3)
Total Avon shareholders’ deficit (884.5) (990.6)
Noncontrolling interests 5.0 6.8
Total shareholders’ deficit (879.5) (983.8)
Total liabilities, series C convertible preferred stock and shareholders’ deficit $ 2,367.2 $ 3,086.3