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CONSOLIDATED BALANCE SHEETS (USD $)
In Millions, unless otherwise specified
Jun. 30, 2013
Dec. 31, 2012
Current assets:    
Cash and cash equivalents $ 141.3 $ 116.3
Trade receivables, less allowance for doubtful accounts of $3.4 and $3.5 as of June 30, 2013 and December 31, 2012, respectively 185.5 216.0
Inventories 133.2 114.7
Deferred income taxes - current 49.7 48.5
Prepaid expenses and other 68.2 45.7
Total current assets 577.9 541.2
Property, plant and equipment, net of accumulated depreciation of $231.1 and $226.0 as of June 30, 2013 and December 31, 2012, respectively 100.9 99.5
Deferred income taxes - noncurrent 203.9 215.2
Goodwill 217.8 217.8
Intangible assets, net of accumulated amortization of $32.7 and $29.7 as of June 30, 2013 and December 31, 2012, respectively 66.5 68.8
Other assets 102.7 94.1
Total assets 1,269.7 1,236.6
Current liabilities:    
Short-term borrowings 5.2 5.0
Current portion of long-term debt 0 [1] 21.5 [1]
Accounts payable 108.2 101.9
Accrued expenses and other 235.4 276.3
Redeemable preferred stock 48.5 [2] 48.4 [2]
Total current liabilities 397.3 453.1
Long-term debt 1,227.9 1,145.8
Long-term pension and other post-retirement plan liabilities 220.7 233.7
Other long-term liabilities 56.2 53.3
Commitments and contingencies      
Stockholders' deficiency:    
Additional paid-in capital 1,015.1 1,015.1
Treasury stock, at cost: 754,853 shares of Class A Common Stock as of June 30, 2013 and December 31, 2012 (9.8) (9.8)
Accumulated deficit (1,429.1) (1,446.9)
Accumulated other comprehensive loss (209.1) (208.2)
Total stockholders' deficiency (632.4) (649.3)
Total liabilities and stockholders' deficiency 1,269.7 1,236.6
Class A Common Stock [Member]
   
Stockholders' deficiency:    
Common stock, value 0.5 0.5
Class B Common Stock [Member]
   
Stockholders' deficiency:    
Common stock, value $ 0 $ 0
[1] On February 21, 2013, Products Corporation consummated an amendment (the "2013 Bank Term Loan Amendments") to its third amended and restated term loan agreement dated as of May 19, 2011 (as amended, the "2011 Term Loan Agreement") for its 6.5 year term loan facility due November 19, 2017 (the “2011 Term Loan Facility”), to among other things: (i) reduce the total aggregate principal amount outstanding under the 2011 Term Loan Facility from $788.0 million to $675.0 million; (ii) reduce the minimum Eurodollar Rate on Eurodollar Loans from 1.25% to 1.00%; and (iii) reduce the Applicable Margin on Eurodollar Loans from 3.50% to 3.00%. Refer to “Recent Debt Transactions – 2013 Bank Term Loan Amendments to the 2011 Term Loan Agreement” below for further discussion. Additionally, see Note 10, “Long-Term Debt and Redeemable Preferred Stock,” to the Consolidated Financial Statements in Revlon, Inc.’s 2012 Form 10-K for additional details regarding Products Corporation’s 2011 Term Loan Facility prior to the 2013 Bank Term Loan Amendments.
[2] The Preferred Stock is mandatorily redeemable on October 8, 2013, subject to Revlon, Inc. having sufficient surplus in accordance with Delaware law, and is presented as a current liability on the Company’s Consolidated Balance Sheets as of June 30, 2013 and December 31, 2012. See Note 10, “Long-Term Debt and Redeemable Preferred Stock,” to the Consolidated Financial Statements in Revlon, Inc.’s 2012 Form 10-K for certain details regarding Revlon, Inc.’s Preferred Stock.