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Description of the Business and Summary of Significant Accounting Policies (Earnings Per Share) (Details) (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 12 Months Ended
Dec. 31, 2013
Sep. 30, 2013
Jun. 30, 2013
Mar. 31, 2013
Dec. 31, 2012
Sep. 30, 2012
Jun. 30, 2012
Mar. 31, 2012
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
(Loss) income from continuing operations less amounts attributable to noncontrolling interests                 $ (5.5) $ 89.0 $ 671.4
Less: Loss (earnings) allocated to participating securities, continuing operations                 0.1 (0.8) (5.7)
(Loss) income from continuing operations allocated to common shareholders, continuing operations                 (5.4) 88.2 665.7
Loss from discontinued operations plus/less amounts attributable to noncontrolling interests                 (50.9) (131.5) (157.8)
Less: Loss allocated to participating securities, discontinued operations                 0.5 1.0 0.1
Loss allocated to common shareholders, discontinued operations                 (50.4) (130.5) (157.7)
(Loss) income attributable to Avon less amounts attributable to noncontrolling interests (69.1) (5.5) 31.9 [1] (13.7) [1] (162.2) [1],[2] 31.6 61.6 [3] 26.5 [3] (56.4) [1],[2] (42.5) 513.6
Less: Loss (earnings) allocated to participating securities                 0.5 0.3 (4.6)
(Loss) income allocated to common shareholders                 $ (55.9) $ (42.2) $ 509.0
Basic EPS weighted-average shares outstanding                 433.4 431.9 430.5
Diluted effect of assumed conversion of stock options                 0 0.6 1.6
Diluted EPS adjusted weighted-average shares outstanding                 433.4 432.5 432.1
(Loss) Earnings Per Common Share from continuing operations, Basic $ (0.16) $ (0.01) $ 0.19 [1] $ (0.03) [1] $ (0.08) [1],[2] $ 0.08 $ 0.15 [3] $ 0.06 [3] $ (0.01) [1],[2],[4] $ 0.20 [1],[2],[4] $ 1.55
(Loss) Earnings Per Common Share from continuing operations, Diluted $ (0.16) $ (0.01) $ 0.19 [1] $ (0.03) [1] $ (0.08) [1],[2] $ 0.08 $ 0.15 [3] $ 0.06 [3] $ (0.01) [1],[2],[4] $ 0.20 [1],[2],[4] $ 1.54
Loss Per Common Share from discontinued operations, Basic                 $ (0.12) $ (0.30) $ (0.37)
Loss Per Common Share from discontinued operations, Diluted                 $ (0.12) $ (0.30) $ (0.36)
(Loss) Earnings per Common Share attributable to Avon, Basic                 $ (0.13) $ (0.10) $ 1.18
(Loss) Earnings per Common Share attributable to Avon, Diluted                 $ (0.13) $ (0.10) $ 1.18
[1] In addition to the items impacting operating profit (loss) above, income (loss) from continuing operations, before taxes during 2013 was impacted by a one-time, after-tax loss of $50.7 ($34.1 in other expense, net and $16.6 in income taxes) recorded in the first quarter, primarily reflecting the write-down of monetary assets and liabilities and deferred tax benefits due to the devaluation of Venezuelan currency. Income (loss) from continuing operations, before taxes during 2013 was also impacted by a loss on extinguishment of debt of $73.0 before tax in the first quarter of 2013 caused by the make-whole premium and the write-off of debt issuance costs associated with the prepayment of our Private Notes (as defined in Note 5, Debt and Other Financing), as well as the write-off of debt issuance costs associated with the early repayment of $380.0 of the outstanding principal amount of the term loan agreement (as defined in Note 5, Debt and Other Financing). In addition, income (loss) from continuing operations, before taxes during 2013 was impacted by a loss on extinguishment of debt of $13.0 before tax in the second quarter of 2013 caused by the make-whole premium and the write-off of debt issuance costs and discounts, partially offset by a deferred gain associated with the January 2013 interest-rate swap agreement termination, associated with the prepayment of the 2014 Notes (as defined in Note 5, Debt and Other Financing).In addition, income (loss) from continuing operations, before taxes during 2012 was impacted by a benefit of $23.8 to other expense, net in 2012 due to the release of a provision in the fourth quarter associated with the excess cost of acquiring U.S. dollars in Venezuela at the regulated market rate as compared with the official exchange rate. This provision was released as the Company capitalized the associated intercompany liabilities.
[2] (Loss) income from continuing operations, net of tax during 2013 was impacted by valuation allowances for deferred tax assets of $41.8 related to Venezuela in the fourth quarter of 2013 and $9.2 related to the China business in the third quarter of 2013, and during 2012 was impacted by an additional provision for income taxes of $168.3. During the fourth quarter of 2012, we determined that the Company may repatriate offshore cash to meet certain domestic funding needs. Accordingly, we are no longer asserting that the undistributed earnings of foreign subsidiaries are indefinitely reinvested.
[3] As discussed in Note 1, Description of the Business and Summary of Significant Accounting Policies, we recorded out-of-period adjustments in 2012 that related to prior periods.2012During the first quarter of 2012, we recorded an out-of-period adjustment which decreased earnings by approximately $14 before tax ($10 after tax) which related to 2011 and was associated with bad debt expense in our South Africa operations. During the second quarter of 2012, we recorded an out-of-period adjustment which increased earnings by approximately $5 before tax ($3 after tax) which related to prior years and was associated with vendor liabilities in North America. During the second quarter of 2012, we recorded an out-of-period adjustment which decreased earnings by approximately $4 before tax ($4 after tax) which related to prior years and was associated with brochure costs in Poland. In addition to the adjustments previously mentioned, in 2012, we also recorded out-of-period adjustments in the aggregate of approximately $1 before tax ($5 after tax) that related to prior years.We evaluated the out-of-period adjustments in 2012, both individually and in the aggregate, in relation to the quarterly and annual periods in which they originated and the annual period in which they were corrected, and concluded that these adjustments were not material to the consolidated annual financial statements for all impacted periods.
[4] The sum of per share amounts for the quarters does not necessarily equal that for the year because the computations were made independently.