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Segment Information (Tables)
12 Months Ended
Dec. 31, 2021
Segment Reporting, Measurement Disclosures [Abstract]  
Schedule of Total Revenue
Total Revenue202120202019
Avon International$1,724.6 $1,772.6 $2,234.3 
Avon Latin America (1)
1,654.7 1,845.9 2,528.9 
Total revenue from reportable segments (2)
3,379.3 3,618.5 4,763.2 
Revenue from affiliates to Natura &Co25.2 6.7 — 
Total revenue$3,404.5 $3,625.2 $4,763.2 
Schedule of Operating Profit
Operating (Loss) Profit202120202019
Segment Profit
Avon International$49.9 $27.4 $170.9 
Avon Latin America (1)
(10.9)(39.1)194.1 
Total (loss) profit from reportable segments (3)
39.0 (11.7)365.0 
Unallocated global expenses(4)
(27.0)(11.6)(35.8)
Certain Brazil Indirect taxes (5)
(1.7)10.6 — 
CTI restructuring initiatives(68.7)(23.7)(139.3)
Costs related to the Transaction (6)
— (85.8)(64.3)
Operating (loss) profit
$(58.4)$(122.2)$125.6 
(1)2021 includes the impact of certain Brazil indirect taxes, which was recorded in product sales in the amount of approximately $21 in our Consolidated Income Statements. 2019 includes the impact of certain Brazil indirect taxes, which
was recorded in product sales in the amount of approximately $68 in our Consolidated Income Statements. See Note 20 Supplemental Balance Sheet Information.
(2)Total revenue from reportable segments also includes revenue from other business activities of $4.7, $14.5 and $18.1 for the years ended December 31, 2021, 2020 and 2019, 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 $1.5, $7.3, and $2.4 for the years ended December 31, 2021, 2020 and 2019, 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 $206.7, $197.6, and $214.7 for the years ended December 31, 2021, 2020 and 2019, 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)For the years ended December 31, 2021, 2020 and 2019, unallocated global expenses primarily include stewardship and other expenses not directly attributable to reportable segments.
(5)The year ended December 31, 2021 includes the impact of certain Brazil taxes, which were recorded in selling, general and administrative expenses, net in the amounts of approximately $2. 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 $11.
(6)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.
(7)On July 1, 2021, the Company sold Avon Luxembourg, including our Mexican business, to a subsidiary of Natura &Co Holding. As a result, from the same date, the results of Avon Luxembourg are no longer included within Avon's consolidated results. The year ended December 31, 2021 includes the results of Avon Luxembourg for the period from January 1 to June 30, 2021. The years ended December 31, 2020 and 2019 include the results of Avon Luxembourg.
Schedule of Total Assets
Total Assets202120202019
Avon International (1)
$1,362.0 $1,364.4 $1,712.4 
Avon Latin America (2)
945.8 1,199.9 1,373.9 
Total assets$2,307.8 $2,564.3 $3,086.3 

(1) Avon International includes assets of $420.7 at December 31, 2019, that were not previously allocated to our reportable segments.

(2) On July 1, 2021, the Company sold Avon Luxembourg, including our Mexican business, to a subsidiary of Natura &Co Holding. As a result, balances at December 31, 2021 do not include the assets of Avon Luxembourg. Balances at December 31, 2020 and 2019 include the assets of Avon Luxembourg.

Capital Expenditures202120202019
Avon International (1)
$53.3 $36.0 $39.6 
Avon Latin America (2)
15.0 8.6 18.9 
Total capital expenditures$68.3 $44.6 $58.5 

(1) Avon International includes capital expenditures of $13.8 for the year ended December 31, 2019, that were not previously allocated to our reportable segments.
(2) On July 1, 2021, the Company sold Avon Luxembourg, including our Mexican business, to a subsidiary of Natura &Co Holding. As a result, from the same date, the results of Avon Luxembourg are no longer included within Avon's consolidated results. The year ended December 31, 2021 includes the results of Avon Luxembourg for the period from January 1 to June 30, 2021. The years ended December 31, 2020 and 2019 include the results of Avon Luxembourg.
Schedule of Depreciation and Amortization
Depreciation and Amortization202120202019
Avon International (1)
$48.1 $49.5 $51.6 
Avon Latin America (2)
24.7 32.3 41.3 
Total depreciation and amortization$72.8 $81.8 $92.9 
(1) Avon International includes depreciation and amortization of $19.9 for the year ended December 31, 2019 that was not previously allocated to our reportable segments.
(2) On July 1, 2021, the Company sold Avon Luxembourg, including our Mexican business, to a subsidiary of Natura &Co Holding. As a result, from the same date, the results of Avon Luxembourg are no longer included within Avon's consolidated results. The year ended December 31, 2021 includes the results of Avon Luxembourg for the period from January 1 to June 30, 2021. The years ended December 31, 2020 and 2019 include the results of Avon Luxembourg.
Schedule of Total Revenue by Major Country
A major country is defined as one with total revenues greater than 10% of consolidated total revenues.
 202120202019
Brazil$627.0 $729.9 $1,034.4 
Mexico(1)
249.2 420.2 509.4 
All other2,528.3 2,475.1 3,219.4 
Total$3,404.5 $3,625.2 $4,763.2 
(1) On July 1, 2021, the Company sold Avon Luxembourg, including our Mexican business, to a subsidiary of Natura &Co Holding. As a result, from the same date, the results of Avon Luxembourg are no longer included within Avon's consolidated results. The year ended December 31, 2021 includes the results of Avon Luxembourg for the period from January 1 to June 30, 2021. The years ended December 31, 2020 and 2019 include the results of Avon Luxembourg.
Schedule of Long-Lived Assets by Major Country 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.
 202120202019
U.S.$122.7 $135.3 $149.4 
Brazil75.4 86.4 116.1 
Poland95.0 96.8 99.3 
Mexico(1)(2)
— 55.2 67.8 
All other183.9 220.8 137.6 
Total$477.0 $594.5 $570.2 
(1) Mexico's long-lived assets are greater than 10% of total long-lived assets in 2019 only
(2) On July 1, 2021, the Company sold Avon Luxembourg, including our Mexican business, to a subsidiary of Natura &Co Holding. As a result, balances at December 31, 2021 do not include the assets of Avon Luxembourg. Balances at December 31, 2020 and 2019 include the assets of Avon Luxembourg.
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 2019, 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.
 2019
Brazil$203.3 
U.S.120.8 
Poland86.3 
All other335.6 
Total746.0