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UNAUDITED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (96.0) $ (213.9)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 33.3 36.8
Foreign currency losses from re-measurement 3.3 16.6
Amortization of debt discount 0.4 0.4
Stock-based compensation amortization 3.1 2.4
Impairment charges 0.0 124.3
Benefit from deferred income taxes 1.7 (37.2)
Amortization of debt issuance costs 8.7 4.0
Loss on divested assets 0.0 0.8
Pension and other post-retirement cost 1.3 1.2
Paid-in-kind interest expense on the 2020 BrandCo Facilities 4.6 0.0
Change in assets and liabilities:    
Decrease in trade receivables 33.7 84.6
Decrease (increase) in inventories 18.7 (42.5)
Increase in prepaid expenses and other current assets (8.4) (23.3)
Increase in accounts payable 2.8 14.9
Decrease in accrued expenses and other current liabilities (22.5) (34.8)
Decrease in deferred revenue (1.3) 0.0
Pension and other post-retirement plan contributions (13.7) (3.6)
Purchases of permanent displays (5.8) (7.0)
Other, net 7.7 (1.3)
Net cash used in operating activities (28.4) (77.6)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Capital expenditures (0.7) (1.8)
Net cash used in investing activities (0.7) (1.8)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Net decrease in short-term borrowings and overdraft (10.6) (6.4)
Payment of financing costs (11.8) (0.3)
Tax withholdings related to net share settlements of restricted stock and RSUs (2.4) (0.4)
Other financing activities (0.1) (0.1)
Net cash provided by (used in) financing activities 29.6 57.4
Effect of exchange rate changes on cash, cash equivalents and restricted cash (1.3) (3.3)
Net increase (decrease) in cash, cash equivalents and restricted cash (0.8) (25.3)
Cash, cash equivalents and restricted cash at beginning of period [1] 102.5 104.5
Cash, cash equivalents and restricted cash at end of period [1] 101.7 79.2
Cash paid during the period for:    
Interest 64.6 62.9
Income taxes, net of refunds (1.0) 1.0
Supplemental schedule of non-cash investing and financing activities:    
Paid-in-kind interest capitalized to the 2020 BrandCo Facilities 4.6 0.0
SISO Term Loan Facility    
CASH FLOWS FROM FINANCING ACTIVITIES:    
Borrowings under long-term lines of credit 100.0 0.0
Amended 2016 Revolving Credit Facility    
CASH FLOWS FROM FINANCING ACTIVITIES:    
Borrowings under long-term lines of credit   69.1
Net (repayments) under the Amended 2016 Revolving Credit Facility (59.3)  
2021 Foreign Asset-Based Term Facility    
CASH FLOWS FROM FINANCING ACTIVITIES:    
Borrowings under long-term lines of credit 75.0 0.0
2018 Foreign Asset-Based Term Facility    
CASH FLOWS FROM FINANCING ACTIVITIES:    
Repayments of senior debt (58.9) 0.0
2016 Term Loan Facility    
CASH FLOWS FROM FINANCING ACTIVITIES:    
Repayments of senior debt (2.3) (4.5)
Revlon Consumer Products Corporation    
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss (94.9) (212.2)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 33.3 36.8
Foreign currency losses from re-measurement 3.3 16.6
Amortization of debt discount 0.4 0.4
Stock-based compensation amortization 3.1 2.4
Impairment charges 0.0 124.3
Benefit from deferred income taxes 1.9 (36.9)
Amortization of debt issuance costs 8.7 4.0
Loss on divested assets 0.0 0.8
Pension and other post-retirement cost 1.3 1.2
Paid-in-kind interest expense on the 2020 BrandCo Facilities 4.6 0.0
Change in assets and liabilities:    
Decrease in trade receivables 33.7 84.6
Decrease (increase) in inventories 18.7 (42.5)
Increase in prepaid expenses and other current assets (11.8) (25.6)
Increase in accounts payable 2.8 14.9
Decrease in accrued expenses and other current liabilities (22.5) (34.6)
Decrease in deferred revenue (1.3) 0.0
Pension and other post-retirement plan contributions (13.7) (3.6)
Purchases of permanent displays (5.8) (7.0)
Other, net 9.8 (1.2)
Net cash used in operating activities (28.4) (77.6)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Capital expenditures (0.7) (1.8)
Net cash used in investing activities (0.7) (1.8)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Net decrease in short-term borrowings and overdraft (10.6) (6.4)
Payment of financing costs (11.8) (0.3)
Tax withholdings related to net share settlements of restricted stock and RSUs (2.4) (0.4)
Other financing activities (0.1) (0.1)
Net cash provided by (used in) financing activities 29.6 57.4
Effect of exchange rate changes on cash, cash equivalents and restricted cash (1.3) (3.3)
Net increase (decrease) in cash, cash equivalents and restricted cash (0.8) (25.3)
Cash, cash equivalents and restricted cash at beginning of period [2] 102.5 104.5
Cash, cash equivalents and restricted cash at end of period [2] 101.7 79.2
Cash paid during the period for:    
Interest 64.6 62.9
Income taxes, net of refunds (1.0) 1.0
Supplemental schedule of non-cash investing and financing activities:    
Paid-in-kind interest capitalized to the 2020 BrandCo Facilities 4.6 0.0
Revlon Consumer Products Corporation | SISO Term Loan Facility    
CASH FLOWS FROM FINANCING ACTIVITIES:    
Borrowings under long-term lines of credit 100.0 0.0
Revlon Consumer Products Corporation | Amended 2016 Revolving Credit Facility    
CASH FLOWS FROM FINANCING ACTIVITIES:    
Borrowings under long-term lines of credit   69.1
Net (repayments) under the Amended 2016 Revolving Credit Facility (59.3)  
Revlon Consumer Products Corporation | 2021 Foreign Asset-Based Term Facility    
CASH FLOWS FROM FINANCING ACTIVITIES:    
Borrowings under long-term lines of credit 75.0 0.0
Revlon Consumer Products Corporation | 2018 Foreign Asset-Based Term Facility    
CASH FLOWS FROM FINANCING ACTIVITIES:    
Repayments of senior debt (58.9) 0.0
Revlon Consumer Products Corporation | 2016 Term Loan Facility    
CASH FLOWS FROM FINANCING ACTIVITIES:    
Repayments of senior debt $ (2.3) $ (4.5)
[1] These amounts include restricted cash of $16.1 million and $16.4 million as of March 31, 2021 and 2020, respectively. The balance as of March 31, 2021 represents: (i) cash on deposit in lieu of a mandatory prepayment and loan proceeds held in escrow until certain collateral perfection requirements are satisfied under the 2021 Foreign Asset-Based Term Agreement; and (ii) cash on deposit to support outstanding undrawn letters of credit. The balance as of March 31, 2020 represents: (i) cash on deposit in lieu of a mandatory prepayment under the 2018 Foreign Asset-Based Term Facility; (ii) restricted cash under the terms of 2019 Term Loan Agreement; 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 March 31, 2021 and March 31, 2020, respectively.
[2] These amounts include restricted cash of $16.1 million and $16.4 million as of March 31, 2021 and 2020, respectively. The balance as of March 31, 2021 represents: (i) cash on deposit in lieu of a mandatory prepayment and loan proceeds held in escrow until certain collateral perfection requirements are satisfied under the 2021 Foreign Asset-Based Term Agreement; and (ii) cash on deposit to support outstanding undrawn letters of credit. The balance as of March 31, 2020 represents: (i) cash on deposit in lieu of a mandatory prepayment under the 2018 Foreign Asset-Based Term Facility; (ii) restricted cash under the terms of 2019 Term Loan Agreement; 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 March 31, 2021 and March 31, 2020, respectively