SEGMENT INFORMATION (Tables)

3 Months Ended

Mar. 31, 2021

Summarized financial information concerning our reportable segments was as follows:


	Three Months Ended March 31,
Total Revenue	2021		2020
Avon International	$	430.9	$	477.1
Avon Latin America	465.8		480.2
Total revenue from reportable segments (1)	896.7		957.3
Revenue from affiliates to Natura &Co	7.7		—
Total revenue(1)	904.4		957.3

Schedule of Operating (Loss) Profit


	Three Months Ended March 31,
Operating (Loss) Profit	2021		2020
Segment (Loss) Profit
Avon International	$	(7.0)	$	2.7
Avon Latin America	(4.6)		(17.2)
Total loss from reportable segments (2)	$	(11.6)	$	(14.5)
Unallocated global expenses(3)	(6.0)		—

CTI restructuring initiatives	(19.5)		(1.8)
Costs related to the Transaction (4)	—		(85.5)
Operating loss	$	(37.1)	$	(101.8)

(1)Total revenue also includes revenue from other business activities of $1.9 and $6.4 for the three months ended March 31, 2021 and 2020, 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.

(2)Total loss 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 $.1 and $2.9 for the three months ended March 31, 2021 and 2020, 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 $60.2 and $63.7 for the three months ended March 31, 2021 and 2020, 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 months ended March 31, 2021, unallocated global expenses primarily include stewardship and other expenses not directly attributable to reportable segments.

(4)For the three months ended March 31, 2020, costs related to the Transaction primarily include professional fees 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 17, Merger with Natura for more information relating to the Natura transaction.