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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2016
Dec. 31, 2015
Current Assets    
Cash, including cash equivalents of $79.4 and $123.2 $ 654.4 $ 686.9
Accounts receivable (less allowances of $131.1 and $86.7) 458.9 443.0
Inventories 586.4 624.0
Prepaid expenses and other 291.3 296.1
Current assets of discontinued operations 1.3 291.1
Total current assets 1,992.3 2,341.1
Property, plant and equipment, at cost    
Land 29.5 32.2
Buildings and improvements 621.5 665.8
Equipment 773.1 797.7
Property, plant and equipment, at cost 1,424.1 1,495.7
Less accumulated depreciation (712.8) (728.8)
Property, plant and equipment, net, total 711.3 766.9
Goodwill 93.6 92.3
Other assets 621.7 490.0
Noncurrent assets of discontinued operations 0.0 180.1
Total assets 3,418.9 3,870.4
Current Liabilities    
Debt maturing within one year 18.1 55.2
Accounts payable 768.1 774.2
Accrued compensation 129.2 157.6
Other accrued liabilities 401.9 419.6
Sales and taxes other than income 147.0 174.9
Income taxes 10.7 23.9
Payable to discontinued operations 0.0 100.0
Current liabilities of discontinued operations 10.7 489.7
Total current liabilities 1,485.7 2,195.1
Long-term debt 1,875.8 2,150.5
Employee benefit plans 164.5 177.5
Long-term income taxes 78.6 65.1
Other liabilities 205.8 78.4
Noncurrent liabilities of discontinued operations 0.0 260.2
Total liabilities 3,810.4 4,926.8
Commitments and contingencies (Notes 14 and 17)
Series C convertible preferred stock 444.7 0.0
Shareholders’ Deficit    
Common stock, par value $.25 - authorized 1,500 shares; issued 754.9 and 751.4 shares 188.8 187.9
Additional paid-in capital 2,273.9 2,254.0
Retained earnings 2,322.2 2,448.1
Accumulated other comprehensive loss (1,033.2) (1,366.2)
Treasury stock, at cost (317.3 and 315.9 shares) (4,599.7) (4,594.1)
Total Avon shareholders’ deficit (848.0) (1,070.3)
Noncontrolling interest 11.8 13.9
Total shareholders’ deficit (836.2) (1,056.4)
Total liabilities, series C convertible preferred stock and shareholders’ deficit $ 3,418.9 $ 3,870.4