XML 19 R5.htm IDEA: XBRL DOCUMENT v3.21.2
Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2021
Dec. 31, 2020
Current Assets    
Cash and cash equivalents $ 225.3 $ 364.9
Restricted cash 0.0 7.8
Accounts receivable, net 210.0 259.1
Receivables from affiliates of Natura &Co 22.7 6.1
Loans to affiliates of Natura &Co 44.9 0.0
Inventories 424.5 459.1
Prepaid expenses and other 162.9 204.2
Assets held for sale 4.6 13.9
Total current assets 1,094.9 1,315.1
Property, plant and equipment, at cost 950.3 1,148.5
Less accumulated depreciation (587.7) (709.9)
Property, plant and equipment, net 362.6 438.6
Right-of-use assets 112.1 153.1
Goodwill 75.2 83.2
Deferred tax asset 118.6 135.8
Loans to affiliates of Natura &Co 51.1 0.0
Other assets 459.8 438.5
Total assets 2,274.3 2,564.3
Current Liabilities    
Debt maturing within one year 35.5 28.0
Loans from affiliates of Natura &Co 148.7 1,008.6
Accounts payable 486.2 709.4
Payables to affiliates of Natura &Co 27.4 0.0
Accrued compensation 91.4 89.4
Other accrued liabilities 262.1 334.7
Sales taxes and taxes other than income 74.0 89.9
Income taxes 8.4 5.4
Total current liabilities 1,159.8 2,294.8
Long-term debt 675.8 675.4
Loans from affiliates of Natura &Co 972.8 0.0
Long-term operating lease liability 88.1 120.9
Employee benefit plans 107.0 133.3
Long-term income taxes 85.5 101.1
Other liabilities 83.8 106.0
Total liabilities 3,172.8 3,431.5
Shareholders’ Deficit    
Common stock 0.0 0.0
Additional paid-in capital 632.1 622.8
Retained losses (379.8) (360.5)
Accumulated other comprehensive loss (1,153.5) (1,133.8)
Total Avon shareholders’ deficit (901.2) (871.5)
Noncontrolling interests 2.7 4.3
Total shareholders’ deficit (898.5) [1] (867.2)
Total liabilities and shareholders’ deficit 2,274.3 2,564.3
Discontinued Operations    
Current Liabilities    
Current liabilities of discontinued operations and liabilities held for sale 26.1 27.1
Held for sale liabilities    
Current Liabilities    
Current liabilities of discontinued operations and liabilities held for sale $ 0.0 $ 2.3
[1] The number of shares of Common Stock (par value $0.01 per share) outstanding at September 30, 2021 was 101.34.