SEGMENT INFORMATION (Tables)

3 Months Ended

Mar. 31, 2022

Segment Reporting [Abstract]

Schedule of Total Revenue

Summarized financial information concerning our reportable segments was as follows:

	Three Months Ended March 31,
Total Revenue	2022		2021
Avon International	$	353.3	$	430.9
Avon Latin America	306.3		465.8
Total revenue from reportable segments(1)	659.6		896.7
Revenue from affiliates to Natura &Co	3.7		7.7
Total revenue(1)(4)	663.3		904.4

Schedule of Operating (Loss) Profit

	Three Months Ended March 31,
Operating Loss	2022		2021
Segment Loss
Avon International	$	(.9)	$	(7.0)
Avon Latin America	(44.6)		(4.6)
Total loss from reportable segments(2)(4)	$	(45.5)	$	(11.6)
Unallocated global expenses(3)	(5.9)		(6.0)
CTI restructuring initiatives	(10.8)		(19.5)
Operating loss(4)	$	(62.2)	$	(37.1)

(1)Total revenue also includes revenue from other business activities of $.1 and $1.9 for the three months ended March 31, 2022 and 2021, 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 $.1 for the three months ended March 31, 2022 and 2021, 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 $29.0 and $60.2 for the three months ended March 31, 2022 and 2021, 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.

(3)For the three months ended March 31, 2022 and 2021, unallocated global expenses primarily include stewardship and other expenses not directly attributable to reportable segments.

(4)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 three month period ended March 31, 2021 includes the results of Avon Luxembourg.