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Segment Information
 12 Months Ended
Dec. 31, 2020
Segment Reporting, Measurement Disclosures [Abstract]  
Segment Information Segment Information
The Company has updated its reportable segments to align with how the business is operated and managed since the merger with Natura &Co Holding. We have identified two reportable segments based on geographic operations: Avon International and Avon Latin America. In prior periods, the Company reported four segments: Europe, Middle East and Africa, Asia Pacific, South Latin America and North Latin America. Previously reported segment information has been recast throughout the consolidated financial statements, as applicable, for all periods presented to reflect the changes in the Company’s reportable segments.
We determine segment profit by deducting the related costs and expenses from segment revenue. Segment profit includes an allocation of central expenses to the extent they support the operating activity of the segment. Segment profit excludes certain CTI restructuring initiatives, certain significant asset impairment charges, and other expenses, which are not allocated to a particular segment, if applicable. This is consistent with the manner in which we assess our performance and allocate resources.
Summarized financial information concerning our reportable segments as of December 31 is shown in the following tables:
Total Revenue202020192018
Avon International$1,772.6 $2,234.3 $2,568.5 
Avon Latin America (1)
1,845.9 2,528.9 2,976.8 
Total revenue from reportable segments (2)
3,618.5 4,763.2 5,545.3 
Other Revenue— — 26.0 
Revenue from affiliates to Natura &Co6.7 — — 
Total revenue$3,625.2 $4,763.2 $5,571.3 
Operating Profit202020192018
Segment Profit
Avon International$27.4 $170.9 $198.6 
Avon Latin America (1)
(39.1)194.1 254.4 
Total (loss) profit from reportable segments (3)
(11.7)365.0 453.0 
Other business activities(4)
— — (1.3)
Unallocated global expenses(5)
(11.6)(35.8)(36.0)
Certain Brazil Indirect taxes (6)
10.6 — — 
CTI restructuring initiatives(23.7)(139.3)(180.5)
Costs related to the Transaction (7)
(85.8)(64.3)— 
Operating (loss) profit
(122.2)125.6235.2
(1)2019 includes the impact of certain Brazil indirect taxes, which was recorded in net sales in the amount of approximately $68 in our Consolidated Income Statements. See Note 20 Supplemental Balance Sheet Information. 2018 includes the impact of the Brazil IPI tax release, which was recorded in net sales in the amount of approximately $168 in our Consolidated Income Statements. See Note 18, Contingencies for further information.    
(2)Total revenue from reportable segments also includes revenue from other business activities of $14.5, $18.1 and $24.5 for the years ended December 31, 2020, 2019 and 2018, respectively, allocated to Avon International and Avon Latin America segments. Other 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 amounts have been allocated to Avon International and Avon Latin America segments to conform to the current year presentation.
(3)Total profit from reportable segments also includes profit from other business activities and central expenses allocated to Avon International and Avon Latin America segments. Other business activities of $7.3, $2.4, and $4.9 for the years ended December 31, 2020, 2019 and 2018, 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 $197.6, $214.7, and $246.4 for the years ended December 31, 2020, 2019 and 2018, 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 have been allocated to segments to conform to the current year presentation.
(4)Other business activities include markets that have been exited. Effective in the first quarter of 2018, given that we exited Australia and New Zealand during 2018, the results of Australia and New Zealand are reported in Other business activities for all periods presented, while previously the results had been reported in the Avon International segment.
(5)For the years ended December 31, 2020, 2019 and 2018, unallocated global expenses primarily include stewardship and other expenses not directly attributable to reportable segments.
(6)The year ended December 31, 2020 includes the impact of certain Brazil indirect taxes, which were recorded in selling, general and administrative expenses, net in the amounts of approximately $10.6.
(7)For the year ended December 31, 2020, costs related to the Transaction primarily include professional fees of approximately $46, severance payments of approximately $25 and acceleration of share based compensation of approximately $10 relating to these terminations triggered by change in control provisions. For the year ended 31 December 2019, costs related to the Transaction primarily include professional fees and impairment losses on assets. Refer to Note 21, Merger with Natura Cosméticos S.A. for more information relating to the Natura transaction.

Total Assets202020192018
Avon International (1)
$1,364.4 $1,712.4 $1,679.3 
Avon Latin America1,199.9 1,373.9 1,330.7 
Total assets$2,564.3 $3,086.3 $3,010.0 
(1) Avon International includes assets of $420.7 and $358.5 as of December 31, 2019 and 2018, respectively, that were not
previously allocated to our reportable segments.
Capital Expenditures202020192018
Avon International (1)
$36.0 $39.6 $58.3 
Avon Latin America8.6 18.9 36.6 
Total capital expenditures$44.6 $58.5 $94.9 
(1) Avon International includes capital expenditures of $13.8 and $18.4 for the years ended December 31, 2019 and 2018, respectively, that were not previously allocated to our reportable segments.

Depreciation and Amortization202020192018
Avon International (1)
$49.5 $51.6 $63.5 
Avon Latin America32.3 41.3 44.2 
Total depreciation and amortization$81.8 $92.9 $107.7 
(1) Avon International includes depreciation and amortization of $19.9 and $27.8 for the years ended December 31, 2019 and 2018, respectively, that were not previously allocated to our reportable segments.
Total Revenue by Major Country
A major country is defined as one with total revenues greater than 10% of consolidated total revenues.
 202020192018
Brazil$729.9 $1,034.4 $1,262.8 
Mexico(1)
420.2 509.4 533.1 
All other2,475.1 3,219.4 3,775.4 
Total$3,625.2 $4,763.2 $5,571.3 
(1) Mexico's revenue is greater than 10% of consolidated revenues in 2020 and 2019 only
Long-Lived Assets by Major Country
A major country is defined as one with long-lived assets greater than 10% of consolidated long-lived assets, and also includes our country of domicile (the U.S.). Long-lived assets primarily include property, plant and equipment associated with our continuing operations. Long-lived assets in Brazil, Poland and Mexico consist primarily of property, plant and equipment related to manufacturing and distribution facilities, long-lived assets in the U.S. consist primarily of property, plant and equipment, including our global research and development facility and right-of-use assets related to equipment.
 202020192018
U.S.$135.3 $149.4 $92.2 
Brazil86.4 116.1 144.1 
Poland96.8 99.3 93.7 
Mexico(1)
55.2 67.8 66.2 
All other220.8 233.1 174.0 
Total$594.5 $665.7 $570.2 
(1) Mexico's long-lived assets are greater than 10% of total long-lived assets in 2019 and 2018 only
In the above table, long lived assets have been calculated by including property, plant and equipment, net and right-of-use assets which are difficult to move and are relatively illiquid. In both 2019 and 2018, our definition of long lived assets also included certain intangible assets and other long term receivables and excluded right-of use assets which resulted in the following disclosure in previous filings.
 20192018
Brazil$203.3 $283.2 
U.S.120.8 152.6 
Poland86.3 93.7 
All other335.6 364.3 
Total746.0893.8