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Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2022
Dec. 31, 2021
Current Assets    
Cash and cash equivalents $ 216.7 $ 251.5
Accounts receivable, net 194.4 198.7
Receivables from affiliates of Natura &Co 45.0 34.1
Loans to affiliates of Natura &Co 47.9 46.6
Inventories 390.4 384.1
Prepaid expenses and other 145.1 165.6
Assets held for sale 7.9 2.8
Total current assets 1,047.4 1,083.4
Property, plant and equipment, at cost 851.7 942.5
Less accumulated depreciation (527.5) (578.8)
Property, plant and equipment, net 324.2 363.7
Right-of-use assets 93.3 111.1
Goodwill 62.5 72.1
Deferred tax asset 54.6 121.4
Loans to affiliates of Natura &Co 51.3 46.7
Other assets 461.3 509.4
Total assets 2,094.6 2,307.8
Current Liabilities    
Debt maturing within one year 116.0 32.6
Loans from affiliates of Natura &Co 274.1 371.7
Accounts payable 442.3 522.8
Payables to affiliates of Natura &Co 51.4 29.4
Accrued compensation 61.3 81.5
Other accrued liabilities 239.5 273.4
Sales taxes and taxes other than income 78.3 66.8
Income taxes 1.6 11.6
Current liabilities of discontinued operations 46.8 31.7
Total current liabilities 1,311.3 1,421.5
Long-term debt 214.7 676.0
Loans from affiliates of Natura &Co 1,375.1 736.3
Long-term operating lease liability 72.9 87.5
Employee benefit plans 81.5 84.6
Long-term income taxes 25.9 81.5
Other liabilities 63.1 75.1
Total liabilities 3,144.5 3,162.5
Shareholders’ Deficit    
Additional paid-in capital 636.3 631.2
Retained losses (700.4) (404.2)
Accumulated other comprehensive loss (989.0) (1,085.5)
Total Avon shareholders’ deficit (1,053.1) (858.5)
Noncontrolling interests 3.2 3.8
Total shareholders’ deficit (1,049.9) [1] (854.7)
Total liabilities and shareholders’ deficit $ 2,094.6 $ 2,307.8
[1] The number of shares of Common Stock (par value $0.01 per share) outstanding at September 30, 2022 was 101.34.