VALUATION AND QUALIFYING ACCOUNTS

12 Months Ended

Dec. 31, 2020

SEC Schedule, 12-09, Valuation and Qualifying Accounts [Abstract]

VALUATION AND QUALIFYING ACCOUNTS

AVON PRODUCTS, INC. AND SUBSIDIARIES

VALUATION AND QUALIFYING ACCOUNTS

Years ended December 31, 2020, 2019 and 2018

			Additions
(In millions) Description	Balance at Beginning of Period		Charged to Costs and Expenses			Charged to Revenue		Deductions			Balance at End of Period
2020
Allowance for doubtful accounts receivable	$	66.6	$	78.3		$	—	$	(93.8)	(1)	$	51.1
Refund liability	10.7		—			101.4		(103.0)		(2)	9.1
Allowance for inventory obsolescence	82.0		37.9			—		(49.5)		(4)	70.4
Deferred tax asset valuation allowance	2,960.0		(632.4)			—		—			2,327.6
2019
Allowance for doubtful accounts receivable	$	93.0	$	115.4		$	—	$	(141.8)	(1)	$	66.6
Refund liability	12.3		—			132.6		(134.2)		(2)	10.7
Allowance for inventory obsolescence	146.1		37.1			—		(101.2)		(3)(4)	82.0
Deferred tax asset valuation allowance	3,257.5		(297.5)			—		—			2,960.0
2018
Allowance for doubtful accounts receivable	$	129.3	$	162.4		$	—	$	(198.7)	(1)	$	93.0
Refund liability	9.3		—			172.3		(169.3)		(2)	12.3
Allowance for inventory obsolescence	61.3		113.5		(3)	—		(28.7)		(4)	146.1
Deferred tax asset valuation allowance	3,217.6		39.9			—		—			3,257.5

(1)Accounts written off, net of recoveries and foreign currency translation adjustment.

(2)Returned product reused or destroyed and foreign currency translation adjustment.

(3)Includes a one-off inventory obsolescence expense of $88 recognized at December 31, 2018 relating to the structural reset of inventory (refer to Note 16, Restructuring Initiatives, for additional information regarding the structural reset of inventory).

(4)Obsolete inventory destroyed and foreign currency translation adjustment.