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Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2022
Dec. 31, 2021
Current Assets    
Cash and cash equivalents $ 156.9 $ 251.5
Accounts receivable, net 201.1 198.7
Receivables from affiliates of Natura &Co 38.6 34.1
Loans to affiliates of Natura &Co 40.8 46.6
Inventories 408.0 384.1
Prepaid expenses and other 156.5 165.6
Assets held for sale 8.7 2.8
Total current assets 1,010.6 1,083.4
Property, plant and equipment, at cost 898.5 942.5
Less accumulated depreciation (555.0) (578.8)
Property, plant and equipment, net 343.5 363.7
Right-of-use assets 102.0 111.1
Goodwill 68.5 72.1
Deferred tax asset 135.2 121.4
Loans to affiliates of Natura &Co 51.0 46.7
Other assets 508.9 509.4
Total assets 2,219.7 2,307.8
Current Liabilities    
Debt maturing within one year 31.7 32.6
Loans from affiliates of Natura &Co 265.1 371.7
Accounts payable 457.9 522.8
Payables to affiliates of Natura &Co 38.7 29.4
Accrued compensation 59.1 81.5
Other accrued liabilities 246.6 273.4
Sales taxes and taxes other than income 67.9 66.8
Income taxes 6.9 11.6
Current liabilities of discontinued operations 40.5 31.7
Total current liabilities 1,214.4 1,421.5
Long-term debt 214.8 676.0
Loans from affiliates of Natura &Co 1,422.4 736.3
Long-term operating lease liability 78.3 87.5
Employee benefit plans 82.4 84.6
Long-term income taxes 85.5 81.5
Other liabilities 77.8 75.1
Total liabilities 3,175.6 3,162.5
Shareholders’ Deficit    
Additional paid-in capital 634.2 631.2
Retained losses (576.3) (404.2)
Accumulated other comprehensive loss (1,017.3) (1,085.5)
Total Avon shareholders’ deficit (959.4) (858.5)
Noncontrolling interests 3.5 3.8
Total shareholders’ deficit (955.9) [1] (854.7)
Total liabilities and shareholders’ deficit $ 2,219.7 $ 2,307.8
[1] The number of shares of Common Stock (par value $0.01 per share) outstanding at June 30, 2022 was 101.34.