RESTRUCTURING INITIATIVES (Tables)

3 Months Ended

Mar. 31, 2021

Restructuring and Related Activities [Abstract]

Summary of Restructuring and Related Costs

The costs during the three months ended March 31, 2021 and 2020 consisted of the following:

	Three Months Ended March 31,
	2021		2020
CTI recorded in operating profit - COGS
Inventory write-off	.2		(.1)
	.2		(.1)
CTI recorded in operating profit - SG&A
Net charges for employee-related costs, including severance benefits	9.3		(2.3)
Implementation costs, primarily related to professional service fees	4.1		(.5)
Dual running costs	.3		.6
Contract termination and other net benefits	5.0		2.5
Impairment of other assets	—		.7
Accelerated depreciation	—		.4
Variable lease charges	.6		.5
	19.3		1.9
Total CTI	19.5		1.8
Avon Integration	$	6.1	$	—
Open Up & Grow	$	14.2	$	4.9
Transformation Plan	$	(.8)	$	(3.1)

Schedule of Restructuring Reserve

The liability balance included in other accrued liabilities in our Consolidated Balance Sheet for the restructuring actions associated with Open Up & Grow at March 31, 2021 is as follows:

	Employee-Related Costs		Inventory/Assets Write-offs		Contract Terminations/Other		Total
Balance at December 31, 2020	$	9.0	$	—	$	2.8	$	11.8
2021 charges	7.7		.1		1.5		9.3
Cash payments	(9.1)		—		(2.1)		(11.2)
Non-cash write-offs	—		(.1)		—		(.1)
Foreign exchange	(.2)		—		—		(.2)
Balance at March 31, 2021	$	7.4	$	—	$	2.2	$	9.6

Schedule of Restructuring Charges Reportable by Business Segment

The following table presents the restructuring charges incurred to date under Avon Integration, Open Up & Grow (formerly Open Up Avon) and the Transformation Plan, along with the estimated charges expected to be incurred on approved initiatives under the plans:

	Employee- Related Costs		Inventory/ Asset Write-offs		Contract Terminations/Other		Foreign Currency Translation Adjustment Write-offs		Total
Avon Integration
Charges incurred to-date	$	12.1	$	—	$	.2	$	—	$	12.3
Estimated charges to be incurred on approved initiatives	—		—		$	—	—		—
Total expected charges on approved initiatives	$	12.1	$	—	$	.2	$	—	$	12.3
Open Up & Grow
Charges incurred to-date	$	90.9	$	106.6	$	13.8	$	(10.9)	$	200.4
Estimated charges to be incurred on approved initiatives	—		—		.8		—		.8
Total expected charges on approved initiatives	$	90.9	$	106.6	$	14.6	$	(10.9)	$	201.2
Transformation Plan
Charges incurred to-date	$	122.4	$	2.5	$	40.9	$	3.4	$	169.2
Estimated charges to be incurred on approved initiatives	—		—		—		—		—
Total expected charges on approved initiatives	$	122.4	$	2.5	$	40.9	$	3.4	$	169.2

The charges, net of adjustments, of initiatives under the Open Up & Grow and the Transformation Plan, along with the estimated charges expected to be incurred on approved initiatives under the plans, by reportable segment are as follows:

	Avon International		Avon Latin America		Total
Avon Integration
2020	$	6.2	$	4.6	$	10.8
First quarter 2021	(.5)		2.0		1.5
Charges incurred to-date	5.7		6.6		12.3
Estimated charges to be incurred on approved initiatives	—		—		—
Total expected charges on approved initiatives	$	5.7	$	6.6	$	12.3
Open Up & Grow
2018	$	52.8	$	64.3	$	117.1
2019	34.7		36.9		71.6
2020	3.2		(.8)		2.4
First quarter 2021	9.4		(.1)		9.3
Charges incurred to-date	100.1		100.3		200.4
Estimated charges to be incurred on approved initiatives	.8		—		.8
Total expected charges on approved initiatives	$	100.9	$	100.3	$	201.2
Transformation Plan
2015	$	21.4	$	—	$	21.4
2016	56.8		17.6		74.4
2017	49.8		5.0		54.8
2018	19.0		4.7		23.7
2019	(1.0)		.6		(.4)
2020	(4.7)		.2		(4.5)
First quarter 2021	(.2)		—		(.2)
Charges incurred to-date	141.1		28.1		169.2
Estimated charges to be incurred on approved initiatives	—		—		—
Total expected charges on approved initiatives	$	141.1	$	28.1	$	169.2