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Earnings per Share and Share Repurchases (Tables)
3 Months Ended
Mar. 31, 2012
Earnings Per Share Reconciliation [Abstract]  
Components of Basic and Diluted Earnings per Share
 
 
Three Months Ended
 
 
March 31,
(Shares in millions)
 
2012
 
2011
Numerator from continuing operations
 
 
 
 
Income from continuing operations less amounts attributable to noncontrolling interests
 
$
26.5

 
$
152.2

Less: Earnings allocated to participating securities
 
(0.8
)
 
(1.3
)
Income from continuing operations allocated to common shareholders
 
25.7

 
150.9

Numerator from discontinued operations
 
 
 
 
Loss from discontinued operations plus/less amounts attributable to noncontrolling interests
 
$

 
$
(8.6
)
Less: Earnings allocated to participating securities
 

 

Loss allocated to common shareholders
 

 
(8.6
)
Numerator attributable to Avon
 
 
 
 
Income attributable to Avon less amounts attributable to noncontrolling interests
 
$
26.5

 
$
143.6

Less: Earnings allocated to participating securities
 
(0.8
)
 
(1.3
)
Income allocated to common shareholders
 
25.7

 
142.3

Denominator:
 
 
 
 
Basic EPS weighted-average shares outstanding
 
431.3

 
429.8

Diluted effect of assumed conversion of stock options
 
0.8

 
2.2

Diluted EPS adjusted weighted-average shares outstanding
 
432.1

 
432.0

Earnings per Common Share from continuing operations:
 
 
 
 
Basic
 
$
0.06

 
$
0.35

Diluted
 
$
0.06

 
$
0.35

Loss per Common Share from discontinued operations:
 
 
 
 
Basic
 
$

 
$
(0.02
)
Diluted
 
$

 
$
(0.02
)
Earnings per Common Share attributable to Avon:
 
 
 
 
Basic
 
$
0.06

 
$
0.33

Diluted
 
$
0.06

 
$
0.33