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CONSOLIDATED BALANCE SHEETS - REVLON CONSUMER PRODUCTS CORPORATION AND SUBSIDIARIES - USD ($)
$ in Millions
Dec. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 249.3 $ 102.4
Trade receivables (net of allowance for doubtful accounts of $6.3 and $9.0, respectively) 352.7 383.8
Inventories, net 469.3 417.4
Prepaid expenses and other assets (a) [1] 140.2 136.0
Total current assets 1,211.5 1,039.6
Property, plant and equipment (net of accumulated depreciation of $562.3 and $551.3, respectively) 251.6 297.3
Deferred income taxes 33.9 42.8
Goodwill 562.2 562.8
Intangible assets (net of accumulated amortization and impairment of $378.1 and $326.4, respectively) 334.1 392.2
Other assets 96.5 97.8
Total assets 2,489.8 2,432.5
Current liabilities:    
Short-term borrowings 0.2 0.7
Current portion of long-term debt 746.9 137.2
Accounts payable 125.9 217.7
Accrued expenses and other current liabilities 387.0 432.0
Total current liabilities 1,260.0 787.6
Long-term debt 0.1 3,305.5
Long-term pension and other post-retirement plan liabilities 84.5 147.3
Other long-term liabilities 96.7 206.2
Liabilities subject to compromise 3,711.2 0.0
Stockholders’ deficiency:    
Products Corporation Common Stock, par value $1.00 per share; 10,000 shares authorized; 5,260 shares issued and outstanding 0.5 0.5
Additional paid-in capital 1,110.1 1,096.3
Accumulated deficit (3,512.5) (2,838.6)
Accumulated other comprehensive loss (219.9) (234.7)
Total stockholders’ deficiency (2,662.7) (2,014.1)
Total liabilities and stockholder’s (deficiency) equity 2,489.8 2,432.5
Revlon Consumer Products Corporation    
Current assets:    
Cash and cash equivalents 249.3 102.4
Trade receivables (net of allowance for doubtful accounts of $6.3 and $9.0, respectively) 352.7 383.8
Inventories, net 469.3 417.4
Prepaid expenses and other assets (a) [2] 136.2 131.8
Receivable from Revlon, Inc. 207.0 165.0
Total current assets 1,414.5 1,200.4
Property, plant and equipment (net of accumulated depreciation of $562.3 and $551.3, respectively) 251.6 297.3
Deferred income taxes 42.7 51.6
Goodwill 562.2 562.8
Intangible assets (net of accumulated amortization and impairment of $378.1 and $326.4, respectively) 334.1 392.2
Other assets 96.5 97.8
Total assets 2,701.6 2,602.1
Current liabilities:    
Short-term borrowings 0.2 0.7
Current portion of long-term debt 746.9 137.2
Accounts payable 125.9 217.7
Accrued expenses and other current liabilities 387.2 432.1
Total current liabilities 1,260.2 787.7
Long-term debt 0.1 3,305.5
Long-term pension and other post-retirement plan liabilities 84.5 147.3
Other long-term liabilities 109.4 218.8
Liabilities subject to compromise 3,755.1 0.0
Stockholders’ deficiency:    
Products Corporation Preferred stock, par value $1.00 per share; 1,000 shares authorized; 546 shares issued and outstanding 54.6 54.6
Products Corporation Common Stock, par value $1.00 per share; 10,000 shares authorized; 5,260 shares issued and outstanding 0.0 0.0
Additional paid-in capital 1,034.7 1,020.9
Accumulated deficit (3,377.1) (2,698.0)
Accumulated other comprehensive loss (219.9) (234.7)
Total stockholders’ deficiency (2,507.7) (1,857.2)
Total liabilities and stockholder’s (deficiency) equity $ 2,701.6 $ 2,602.1
[1] Includes restricted cash of $3.8 million and $18.5 million for December 31, 2022 and 2021, respectively.
[2] Includes restricted cash of $3.8 million and $18.5 million for December 31, 2022 and 2021, respectively.