XML 49 R33.htm IDEA: XBRL DOCUMENT v3.6.0.2
Description of the Business and Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2016
Earnings Per Share Reconciliation [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
For each of the three years ended December 31 the components of basic and diluted EPS were as follows:
(Shares in millions)
 
2016
 
2015
 
2014
Numerator from continuing operations:
 
 
 
 
 
 
Loss from continuing operations less amounts attributable to noncontrolling interests
 
$
(93.6
)
 
$
(799.8
)
 
$
(348.1
)
Less: Loss allocated to participating securities
 
1.2

 
10.9

 
4.2

Less: Earnings allocated to convertible preferred stock
 
(18.4
)
 

 

Loss from continuing operations allocated to common shareholders
 
(110.8
)
 
(788.9
)
 
(343.9
)
Numerator from discontinued operations:
 
 
 
 
 
 
Loss from discontinued operations less amounts attributable to noncontrolling interests
 
$
(14.0
)
 
$
(349.1
)
 
$
(40.5
)
Less: Loss allocated to participating securities
 
.2

 
4.7

 
.6

Loss from discontinued operations allocated to common shareholders
 
(13.8
)
 
(344.4
)
 
(39.9
)
Numerator attributable to Avon:
 
 
 
 
 
 
Loss attributable to Avon less amounts attributable to noncontrolling interests
 
$
(107.6
)
 
$
(1,148.9
)
 
$
(388.6
)
Less: Loss allocated to participating securities
 
1.4

 
15.7

 
4.7

Less: Earnings allocated to convertible preferred stock
 
(18.4
)
 

 

Loss attributable to Avon allocated to common shareholders
 
(124.6
)
 
(1,133.2
)
 
(383.9
)
Denominator:
 
 
 
 
 
 
Basic EPS weighted-average shares outstanding
 
437.0

 
435.2

 
434.5

Diluted effect of assumed conversion of stock options
 

 

 

Diluted effect of assumed conversion of preferred stock
 

 

 

Diluted EPS adjusted weighted-average shares outstanding
 
437.0

 
435.2

 
434.5

Loss per Common Share from continuing operations:
 
 
 
 
 
 
Basic
 
$
(.25
)
 
$
(1.81
)
 
$
(.79
)
Diluted
 
(.25
)
 
(1.81
)
 
(.79
)
Loss per Common Share from discontinued operations:
 
 
 
 
 
 
Basic
 
$
(.03
)
 
$
(.79
)
 
$
(.09
)
Diluted
 
(.03
)
 
(.79
)
 
(.09
)
Loss per Common Share attributable to Avon:
 
 
 
 
 
 
Basic
 
$
(.29
)
 
$
(2.60
)
 
$
(.88
)
Diluted
 
(.29
)
 
(2.60
)
 
(.88
)