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DISCONTINUED OPERATIONS, ASSETS AND LIABILITIES HELD FOR SALE AND DIVESTITURES (Tables)
3 Months Ended
Mar. 31, 2021
Discontinued Operations and Disposal Groups [Abstract]  
Schedule of Discontinued Operations
The major classes of financial statement components comprising the loss on discontinued operations, net of tax for New Avon during the three-month period ended March 31, 2021 and 2020 are shown below:

Three Months Ended March 31,
20212020
Selling, general and administrative expenses$5.0 $(4.7)
Operating income (loss)$5.0 $(4.7)
Income (loss) from discontinued operations, net of tax$5.0 $(4.7)
Major Classes of Financial Statement Components Comprising the Loss on Discontinued Operations
The major classes of assets comprising held for sale assets on the Consolidated Balance Sheets as of March 31, 2021 and December 31, 2020 are shown in the following table:
March 31, 2021December 31, 2020
Current held for sale assets
Inventories$— $2.6 
Property, Plant & Equipment (net)8.4 9.2 
Cash and cash equivalents— .7 
Other assets— 1.4 
$8.4 $13.9 
Current held for sale liabilities
Accounts payable$— $.5 
Other liabilities— 1.8 
$— $2.3