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Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2020
Dec. 31, 2019
Current Assets    
Cash and cash equivalents $ 321.1 $ 650.6
Restricted cash 7.6 2.9
Accounts receivable, net 261.2 280.2
Receivables from affiliates of Natura &Co 3.3 0.0
Inventories 461.1 452.3
Prepaid expenses and other 210.2 252.1
Assets held for sale 8.5 22.6
Total current assets 1,273.0 1,660.7
Property, plant and equipment, at cost 1,089.9 1,203.0
Less accumulated depreciation (677.0) (715.0)
Property, plant and equipment, net 412.9 488.0
Right-of-use assets 153.8 175.4
Goodwill 75.0 86.2
Deferred tax asset 120.2 161.2
Other assets 417.4 514.8
Total assets 2,452.3 3,086.3
Current Liabilities    
Debt maturing within one year 30.2 1.8
Loans from affiliates of Natura &Co 47.2 0.0
Accounts payable 660.9 723.3
Payables to affiliates of Natura &Co 92.8 0.0
Dividends payable 0.0 8.7
Accrued compensation 92.3 114.5
Other accrued liabilities 314.6 410.7
Sales taxes and taxes other than income 104.2 118.7
Income taxes 1.1 7.4
Current liabilities of discontinued operations 19.2 16.0
Total current liabilities 1,362.5 1,401.1
Long-term debt 1,566.5 1,590.4
Long-term operating lease liability 123.4 143.3
Employee benefit plans 127.6 137.6
Long-term income taxes 104.6 128.7
Other liabilities 96.7 90.5
Total liabilities 3,381.3 3,491.6
Series C convertible preferred stock 0.0 578.5
Shareholders’ Deficit    
Common stock 0.0 192.6
Additional paid-in capital 527.7 2,321.2
Retained earnings (294.3) 2,138.9
Accumulated other comprehensive loss (1,166.9) (1,040.0)
Treasury stock, at cost 0.0 (4,603.3)
Total Avon shareholders’ deficit (933.5) (990.6)
Noncontrolling interests 4.5 6.8
Total shareholders’ deficit (929.0) (983.8)
Total liabilities, series C convertible preferred stock and shareholders’ deficit $ 2,452.3 $ 3,086.3