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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2017
Dec. 31, 2016
Current Assets    
Cash, including cash equivalents of $116.7 and $79.4 $ 881.5 $ 654.4
Accounts receivable (less allowances of $138.6 and $131.1) 457.2 458.9
Inventories 598.2 586.4
Prepaid expenses and other 296.4 291.3
Current assets of discontinued operations 0.0 1.3
Total current assets 2,233.3 1,992.3
Property, plant and equipment, at cost    
Land 31.3 29.5
Buildings and improvements 646.0 621.5
Equipment 804.6 773.1
Property, plant and equipment, at cost 1,481.9 1,424.1
Less accumulated depreciation (779.2) (712.8)
Property, plant and equipment, net, total 702.7 711.3
Goodwill 95.7 93.6
Other assets 666.2 621.7
Total assets 3,697.9 3,418.9
Current Liabilities    
Debt maturing within one year 25.7 18.1
Accounts payable 832.2 768.1
Accrued compensation 130.3 129.2
Other accrued liabilities 405.6 401.9
Sales and taxes other than income 153.0 147.0
Income taxes 12.8 10.7
Current liabilities of discontinued operations 0.0 10.7
Total current liabilities 1,559.6 1,485.7
Long-term debt 1,872.2 1,875.8
Employee benefit plans 150.6 164.5
Long-term sales taxes and taxes other than income 193.1 124.5
Long-term income taxes 84.9 78.6
Other liabilities 84.4 81.3
Total liabilities 3,944.8 3,810.4
Commitments and contingencies (Notes 15 and 18)
Series C convertible preferred stock 467.8 444.7
Shareholders’ Deficit    
Common stock, par value $.25 - authorized 1,500 shares; issued 758.7 and 754.9 shares 189.7 188.8
Additional paid-in capital 2,291.2 2,273.9
Retained earnings 2,320.3 2,322.2
Accumulated other comprehensive loss (926.2) (1,033.2)
Treasury stock, at cost (318.4 and 317.3 shares) (4,600.0) (4,599.7)
Total Avon shareholders’ deficit (725.0) (848.0)
Noncontrolling interest 10.3 11.8
Total shareholders’ deficit (714.7) (836.2)
Total liabilities, series C convertible preferred stock and shareholders’ deficit $ 3,697.9 $ 3,418.9