XML 16 R3.htm IDEA: XBRL DOCUMENT v3.22.4
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Income Statement [Abstract]      
Net sales $ 2,600.5 $ 3,202.9 $ 3,431.2
Other revenue 147.0 176.4 187.3
Revenue from affiliates of Natura &Co 21.7 25.2 6.7
Total revenue 2,769.2 3,404.5 3,625.2
Costs, expenses and other:      
Cost of sales (1,186.2) (1,439.1) (1,588.6)
Cost of sales from affiliates of Natura &Co (20.4) (22.4) (5.9)
Selling, general and administrative expenses (inclusive of provision for doubtful accounts of 2022: $51.7, 2021: $62.4 ,2020: $78.3) (1,705.4) (2,001.4) (2,152.9)
Impairment of goodwill (35.8) 0.0 0.0
Operating loss (178.6) (58.4) (122.2)
Interest expense (40.3) (63.5) (119.6)
Interest expense on Loan from affiliates of Natura &Co (93.8) (50.6) (7.5)
Loss on extinguishment of debt and credit facilities (15.7) 0.0 (37.7)
Interest income 13.0 0.6 2.1
Interest income from affiliates of Natura &Co 3.9 1.6 0.0
Other income (expense), net (5.8) 1.6 (20.2)
Gain on sale of business 0.0 9.9 1.5
Total other (expenses) income (138.7) (100.4) (181.4)
Loss from continuing operations, before taxes (317.3) (158.8) (303.6)
Income taxes (37.4) (16.2) (34.0)
Loss from continuing operations, net of tax (354.7) (175.0) (337.6)
Loss from discontinued operations, net of tax (73.2) (18.5) (27.9)
Net loss (427.9) (193.5) (365.5)
Net loss attributable to noncontrolling interests (0.2) 1.4 2.7
Net loss attributable to Avon $ (428.1) $ (192.1) $ (362.8)