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Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2018
Dec. 31, 2017
Current Assets    
Cash and cash equivalents $ 452.6 $ 881.5
Accounts receivable, net 374.3 457.2
Inventories 682.2 598.2
Prepaid expenses and other 264.2 296.4
Total current assets 1,773.3 2,233.3
Property, plant and equipment, at cost 1,395.3 1,481.9
Less accumulated depreciation (771.3) (779.2)
Property, plant and equipment, net 624.0 702.7
Goodwill 92.8 95.7
Other assets 584.5 666.2
Total assets 3,074.6 3,697.9
Current Liabilities    
Debt maturing within one year 16.3 25.7
Accounts payable 764.8 832.2
Accrued compensation 105.2 130.3
Other accrued liabilities 391.5 405.6
Sales taxes and taxes other than income 114.9 153.0
Income taxes 25.5 12.8
Total current liabilities 1,418.2 1,559.6
Long-term debt 1,630.8 1,872.2
Employee benefit plans 132.3 150.6
Long-term income taxes 132.7 84.9
Long-term sales taxes and taxes other than income 0.0 193.1
Other liabilities 77.6 84.4
Total liabilities 3,391.6 3,944.8
Commitments and contingencies (Note 7)
Series C convertible preferred stock 485.9 467.8
Shareholders’ Deficit    
Common stock 190.3 189.7
Additional paid-in capital 2,299.1 2,291.2
Retained earnings 2,318.4 2,320.3
Accumulated other comprehensive loss (1,015.9) (926.2)
Treasury stock, at cost (4,602.3) (4,600.0)
Total Avon shareholders’ deficit (810.4) (725.0)
Noncontrolling interests 7.5 10.3
Total shareholders’ deficit (802.9) (714.7)
Total liabilities, series C convertible preferred stock and shareholders’ deficit $ 3,074.6 $ 3,697.9