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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (619.0) $ (157.7)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 143.3 162.9
Foreign currency (gains) losses from re-measurement (6.0) (1.9)
Amortization of debt discount 1.4 1.6
Stock-based compensation amortization 10.4 8.1
Impairment charges 144.1 0.0
Provision (benefit) from deferred income taxes 152.8 (29.8)
Amortization of debt issuance costs 26.8 14.6
Gain on divested assets (0.5) (26.6)
Pension and other post-retirement cost 4.0 7.2
Gain on early extinguishment of debt (43.1) 0.0
Paid-in-kind interest expense on the 2020 BrandCo Facilities 10.8 0.0
Change in assets and liabilities:    
Decrease (increase) in trade receivables 76.7 9.3
(Increase) decrease in inventories (8.4) 74.5
Decrease (increase) in prepaid expenses and other current assets 8.0 16.8
(Decrease) increase in accounts payable (53.1) (73.2)
(Decrease) increase in accrued expenses and other current liabilities (9.9) (42.4)
Increase (decrease) in deferred revenue 71.6 0.0
Pension and other post-retirement plan contributions (9.8) (12.1)
Purchases of permanent displays (30.8) (46.2)
Other, net 33.4 26.6
Net cash used in operating activities (97.3) (68.3)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Capital expenditures (10.3) (29.0)
Proceeds from the sale of certain assets 0.0 31.1
Net cash (used in) provided by investing activities (10.3) 2.1
CASH FLOWS FROM FINANCING ACTIVITIES:    
Net increase (decrease) in short-term borrowings and overdraft 4.3 (17.3)
Payment of financing costs (122.0) (15.3)
Tax withholdings related to net share settlements of restricted stock and RSUs (1.7) (1.6)
Other financing activities (0.3) (0.9)
Net cash provided by (used in) financing activities 102.5 84.3
Effect of exchange rate changes on cash, cash equivalents and restricted cash 3.1 (1.1)
Net increase (decrease) in cash, cash equivalents and restricted cash (2.0) 17.0
Cash, cash equivalents and restricted cash at beginning of period [1] 104.5 87.5
Cash, cash equivalents and restricted cash at end of period [1] 102.5 104.5
Cash paid during the period for:    
Interest 238.6 194.6
Income taxes, net of refunds 18.6 9.9
Supplemental schedule of non-cash investing and financing activities:    
Non-cash roll-up of participating lenders from the 2016 Term Loan Facility to the 2020 BrandCo Facilities 846.0 0.0
Paid-in-kind interest capitalized to the 2020 BrandCo Facilities 9.6 0.0
2020 BrandCo Term Loan Facility due 2025    
CASH FLOWS FROM FINANCING ACTIVITIES:    
Borrowings under the 2020 BrandCo Facilities 880.0 0.0
Supplemental schedule of non-cash investing and financing activities:    
Paid-in kind debt issuance costs/fees capitalized 29.1 0.0
5.75% Senior Notes    
CASH FLOWS FROM FINANCING ACTIVITIES:    
Repayments of senior debt (281.4) 0.0
Amended 2016 Revolving Credit Facility due 2021    
CASH FLOWS FROM FINANCING ACTIVITIES:    
Net borrowings (repayments) under the Amended 2016 Revolving Credit Facility (133.5) (62.6)
2019 Term Loan Facility    
CASH FLOWS FROM FINANCING ACTIVITIES:    
Repayments of senior debt [2] (200.0)  
Borrowings under the 2019 Term Loan Facility [2]   200.0
2018 Foreign Asset-Based Term Loan    
CASH FLOWS FROM FINANCING ACTIVITIES:    
Repayments of senior debt (31.4) 0.0
2016 Term Loan Facility    
CASH FLOWS FROM FINANCING ACTIVITIES:    
Repayments of senior debt (11.5) (18.0)
B-2 Loans    
Supplemental schedule of non-cash investing and financing activities:    
Paid-in kind debt issuance costs/fees capitalized 17.5 0.0
Revlon Consumer Products Corporation    
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss (593.5) (151.2)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 143.3 162.9
Foreign currency (gains) losses from re-measurement (6.0) (1.9)
Amortization of debt discount 1.4 1.6
Stock-based compensation amortization 10.4 8.1
Impairment charges 144.1 0.0
Provision (benefit) from deferred income taxes 134.9 (30.0)
Amortization of debt issuance costs 26.8 14.6
Gain on divested assets (0.5) (26.6)
Pension and other post-retirement cost 4.0 7.2
Gain on early extinguishment of debt (43.1) 0.0
Paid-in-kind interest expense on the 2020 BrandCo Facilities 10.8 0.0
Change in assets and liabilities:    
Decrease (increase) in trade receivables 76.7 9.3
(Increase) decrease in inventories (8.4) 74.5
Decrease (increase) in prepaid expenses and other current assets (0.9) 7.4
(Decrease) increase in accounts payable (53.1) (73.2)
(Decrease) increase in accrued expenses and other current liabilities (9.9) (39.3)
Increase (decrease) in deferred revenue 71.6 0.0
Pension and other post-retirement plan contributions (9.8) (12.1)
Purchases of permanent displays (30.8) (46.2)
Other, net 34.7 26.6
Net cash used in operating activities (97.3) (68.3)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Capital expenditures (10.3) (29.0)
Proceeds from the sale of certain assets 0.0 31.1
Net cash (used in) provided by investing activities (10.3) 2.1
CASH FLOWS FROM FINANCING ACTIVITIES:    
Net increase (decrease) in short-term borrowings and overdraft 4.3 (17.3)
Payment of financing costs (122.0) (15.3)
Tax withholdings related to net share settlements of restricted stock and RSUs (1.7) (1.6)
Other financing activities (0.3) (0.9)
Net cash provided by (used in) financing activities 102.5 84.3
Effect of exchange rate changes on cash, cash equivalents and restricted cash 3.1 (1.1)
Net increase (decrease) in cash, cash equivalents and restricted cash (2.0) 17.0
Cash, cash equivalents and restricted cash at beginning of period [3] 104.5 87.5
Cash, cash equivalents and restricted cash at end of period [3] 102.5 104.5
Cash paid during the period for:    
Interest 238.6 194.6
Income taxes, net of refunds 18.6 9.9
Supplemental schedule of non-cash investing and financing activities:    
Non-cash roll-up of participating lenders from the 2016 Term Loan Facility to the 2020 BrandCo Facilities 846.0 0.0
Paid-in-kind interest capitalized to the 2020 BrandCo Facilities 9.6 0.0
Revlon Consumer Products Corporation | 2020 BrandCo Term Loan Facility due 2025    
CASH FLOWS FROM FINANCING ACTIVITIES:    
Borrowings under the 2020 BrandCo Facilities 880.0 0.0
Supplemental schedule of non-cash investing and financing activities:    
Paid-in kind debt issuance costs/fees capitalized 29.1 0.0
Revlon Consumer Products Corporation | 5.75% Senior Notes    
CASH FLOWS FROM FINANCING ACTIVITIES:    
Repayments of senior debt (281.4) 0.0
Revlon Consumer Products Corporation | Amended 2016 Revolving Credit Facility due 2021    
CASH FLOWS FROM FINANCING ACTIVITIES:    
Net borrowings (repayments) under the Amended 2016 Revolving Credit Facility (133.5) (62.6)
Revlon Consumer Products Corporation | 2019 Term Loan Facility    
CASH FLOWS FROM FINANCING ACTIVITIES:    
Repayments of senior debt [4] (200.0)  
Borrowings under the 2019 Term Loan Facility [4]   200.0
Revlon Consumer Products Corporation | 2018 Foreign Asset-Based Term Loan    
CASH FLOWS FROM FINANCING ACTIVITIES:    
Repayments of senior debt (31.4) 0.0
Revlon Consumer Products Corporation | 2016 Term Loan Facility    
CASH FLOWS FROM FINANCING ACTIVITIES:    
Repayments of senior debt (11.5) (18.0)
Revlon Consumer Products Corporation | B-2 Loans    
Supplemental schedule of non-cash investing and financing activities:    
Paid-in kind debt issuance costs/fees capitalized $ 17.5 $ 0.0
[1] These amounts include restricted cash of $5.4 million and $0.2 million as of December 31, 2020 and 2019, respectively. The balance as of December 31, 2020 represents: (i) cash on deposit in lieu of a mandatory prepayment under the 2018 Foreign Asset-Based Term Facility; and (ii) cash on deposit to support outstanding undrawn letters of credit. The balance as of December 31, 2019 represents: (i) cash on deposit in lieu of a mandatory prepayment under the 2018 Foreign Asset-Based Term Facility; and (ii) cash on deposit to support outstanding undrawn letters of credit. These balances were included within prepaid expenses and other current assets and other assets in the Company's Consolidated Balance Sheets as of December 31, 2020 and December 31, 2019, respectively.
[2] The Company fully repaid the 2019 Term Loan Facility in May 2020.
[3] These amounts include restricted cash of $5.4 million and $0.2 million as of December 31, 2020 and 2019, respectively, The balance as of December 31, 2020 represents: (i) cash on deposit in lieu of a mandatory prepayment under the 2018 Foreign Asset-Based Term Facility; and (ii) cash on deposit to support outstanding undrawn letters of credit. The balance as of December 31, 2019 represents: (i) cash on deposit in lieu of a mandatory prepayment under the 2018 Foreign Asset-Based Term Facility; and (ii) cash on deposit to support outstanding undrawn letters of credit. These balances were included within prepaid expenses and other current assets and other assets in the Company's Consolidated Balance Sheets as of December 31, 2020 and December 31, 2019, respectively
[4] The Company fully repaid the 2019 Term Loan Facility in May 2020.