1.0.0.3 false 13. DEBT AND FINANCIAL INSTRUMENTS false 1 $ false false USD Standard http://www.xbrl.org/2003/iso4217 USD iso4217 0 USDperShareItemType Divide http://www.xbrl.org/2003/iso4217 USD iso4217 http://www.xbrl.org/2003/instance shares 0 2 Notes to Financial Statements [Abstract] 0 avp_NotesToFinancialStatementsAbstract avp false na duration string Notes to Financial Statements [Abstract] false false false false false true false false false 1 false false 0 0 false false Notes to Financial Statements [Abstract] false 3 13. DEBT AND FINANCIAL INSTRUMENTS 1 us-gaap_DebtDisclosureTextBlock us-gaap true na duration string No definition available. false false false false false false false false false 1 false false 0 0 <div> 13. DEBT AND FINANCIAL INSTRUMENTS In March 2009, we issued $850.0 principal amount of notes payable in a public offering. $500.0 of the notes bear interest at a per annum coupon rate equal to 5.625%, payable semi-annually, and mature on March 1, 2014 (the “2014 Notes”). $350.0 of the notes bear interest at a per annum coupon rate equal to 6.500%, payable semi-annually, and mature on March 1, 2019. The net proceeds from the offering of $837.6 were used to repay the outstanding indebtedness under our commercial paper program and for general corporate purposes. In connection with the offering of the 2014 Notes, we entered into five-year interest-rate swap agreements with notional amounts totaling $500.0 to effectively convert the fixed interest rate on the 2014 Notes to a variable interest rate, based on LIBOR. In September 2009, we entered into a financing lease obligation for $60.8. The lease obligation relates to the sale and leaseback of equipment in one of our distribution facilities in North America. The indentures under which the above notes were issued contain certain covenants, including limits on the incurrence of liens and restrictions on the incurrence of sale/leaseback transactions and transactions involving a merger, consolidation or sale of substantially all of our assets. At September 30, 2009, we were in compliance with all covenants in our indentures. </div> 13. DEBT AND FINANCIAL INSTRUMENTS In March 2009, we issued $850.0 principal amount of notes payable in a public offering. $500.0 of the notes bear interest at false false No definition available. No authoritative reference available. false false 1 2 false UnKnown UnKnown UnKnown false true