AVON PRODUCTS, INC. AVP Balance Sheet

Avon products, inc. (AVP)

Balance Sheet / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Dec'09	Sep'09	Jun'09	Dec'08
Assets
Current Assets
Cash and cash equivalents
294	650	564	421	406	532	452	443	772	881	663	633	560	654	901	741	753	686	587	696	668	936	826	777	795	1,107	808	873	1,488	1,206	1,097	1,276	1,215	1,245	988	1,011	1,015	1,179	841	984	1,122	1,298	1,293	1,221	1,104
Restricted Cash
7	2	-	-	17	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accounts receivable, net
235	280	303	332	340	349	374	386	429	457	473	450	457	458	505	466	427	443	470	523	509	515	590	634	632	676	690	691	742	752	758	714	760	761	783	828	803	826	755	737	748	765	736	689	687
Inventories
415	452	499	515	532	542	682	662	697	598	662	636	630	586	706	665	683	624	847	818	824	707	994	965	944	967	1,200	1,154	1,214	1,101	1,302	1,244	1,250	1,161	1,361	1,341	1,293	1,152	1,356	1,095	1,104	1,049	1,192	1,083	1,007
Prepaid expenses and other
232	252	265	264	255	272	264	290	251	296	292	294	300	291	323	314	331	296	480	632	589	590	679	663	689	689	733	707	787	827	856	917	917	930	1,008	1,104	1,052	1,025	1,039	908	891	1,042	974	850	756
Assets held for sale
12	22	18	10	15	65	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Current assets of discontinued operations
-	-	-	-	-	-	-	-	-	-	0	0	1	1	4	7	13	291	-	191	-	314	-	-	-	-	0	36	-	41	-	-	-	-	-	-	-	-	-	-	-	50	-	-	-
Total current assets
1,196	1,660	1,650	1,543	1,567	1,762	1,773	1,783	2,149	2,233	2,092	2,015	1,948	1,992	2,441	2,194	2,209	2,341	2,385	2,862	2,592	3,064	3,089	3,040	3,061	3,441	3,432	3,462	4,232	3,928	4,015	4,153	4,143	4,098	4,141	4,285	4,165	4,184	3,993	3,725	3,867	4,206	4,196	3,843	3,556
Property, plant and equipment, at cost
Land
-	-	-	-	-	22	-	-	-	31	-	-	-	29	-	-	-	32	-	-	-	37	-	-	-	55	-	-	-	62	-	-	-	65	-	-	-	69	-	-	-	115	-	-	85
Buildings and improvements
-	-	-	-	-	502	-	-	-	646	-	-	-	621	-	-	-	665	-	-	-	831	-	-	-	1,085	-	-	-	1,146	-	-	-	1,150	-	-	-	1,140	-	-	-	954	-	-	1,008
Equipment
-	-	-	-	-	682	-	-	-	804	-	-	-	773	-	-	-	797	-	-	-	999	-	-	-	1,343	-	-	-	1,475	-	-	-	1,493	-	-	-	1,541	-	-	-	1,435	-	-	1,346
Property, plant and equipment, at cost
1,088	1,203	1,101	1,177	1,200	1,207	1,395	1,402	1,514	1,481	1,488	1,491	1,488	1,424	1,529	1,507	1,502	1,495	1,917	2,042	2,065	1,867	2,402	2,514	2,480	2,484	2,499	2,496	2,618	2,684	2,646	2,634	2,779	2,708	2,706	2,861	2,787	2,750	2,881	2,727	2,721	2,505	2,604	2,545	2,439
Less accumulated depreciation
655	715	624	657	657	650	771	768	812	779	781	770	756	712	782	764	754	728	969	1,006	1,007	831	1,102	1,149	1,111	1,091	1,110	1,102	1,116	1,158	1,142	1,144	1,189	1,137	1,139	1,169	1,140	1,123	1,246	1,193	1,185	1,036	1,153	1,147	1,096
Property, plant and equipment, net
433	488	477	520	543	557	624	634	702	702	706	721	732	711	746	743	748	766	948	1,036	1,057	1,036	1,299	1,365	1,368	1,393	1,389	1,393	1,501	1,526	1,504	1,490	1,589	1,571	1,567	1,691	1,646	1,627	1,635	1,534	1,536	1,469	1,450	1,397	1,343
Right-of-use assets
169	175	172	174	180	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Goodwill
73	86	82	89	88	87	92	94	100	95	96	94	97	93	98	96	94	92	99	115	235	249	273	288	280	282	279	311	361	330	443	483	487	473	674	687	680	675	-	-	-	215	-	-	-
Deferred tax asset
130	161	174	208	204	212	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other intangible assets, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	33	-	33	36	115	40	263	268	275	279	351	357	363	368	-	-	-	13	-	-	-
Other assets
444	514	513	434	413	390	584	573	687	666	620	636	647	621	619	604	575	490	340	973	986	1,022	1,428	1,420	1,341	1,375	1,394	1,413	1,363	1,407	1,424	1,308	1,287	1,311	1,146	1,094	1,031	1,018	2,178	1,465	1,415	846	1,087	1,075	1,173
Noncurrent assets of discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	180	-	-	-	211	-	-	-	-	0	67	-	148	-	-	-	-	-	-	-	-	-	-	-	72	-	-	-
Total assets
2,447	3,086	3,070	2,971	2,997	3,010	3,074	3,086	3,640	3,697	3,516	3,467	3,426	3,418	3,905	3,638	3,629	3,870	3,774	4,988	4,872	5,585	6,090	6,115	6,084	6,492	6,528	6,685	7,573	7,382	7,652	7,702	7,783	7,735	7,879	8,116	7,887	7,873	7,807	6,725	6,818	6,823	6,735	6,317	6,074
Liabilities
Current Liabilities
Debt maturing within one year
3	1	116	398	425	12	16	12	270	25	16	13	20	18	111	48	69	55	117	381	378	121	156	154	180	188	243	263	949	572	684	952	1,180	849	785	807	726	727	1,169	607	770	137	431	446	1,031
Accounts payable
593	723	642	682	706	816	764	729	803	832	796	752	754	768	760	723	732	774	815	809	820	806	937	876	861	896	865	861	890	914	946	846	849	850	808	832	829	809	876	786	742	739	721	662	724
Dividends payable
0	8	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accrued compensation
75	114	104	94	103	85	105	109	121	130	149	134	129	129	156	138	124	157	189	180	167	174	216	213	203	271	266	241	222	264	245	226	214	217	217	236	258	293	325	260	268	282	273	220	234
Other accrued liabilities
302	410	387	436	425	451	391	400	401	405	360	415	362	401	399	417	413	419	424	538	461	539	627	674	635	652	551	564	585	645	633	634	647	663	729	719	751	771	757	694	695	706	642	616	581
Sales taxes and taxes other than income
88	118	98	116	94	103	114	123	146	153	137	152	158	147	144	144	204	174	149	155	152	160	170	167	191	186	180	187	215	210	227	201	236	212	202	212	228	207	214	216	241	254	245	219	212
Income taxes
4	7	10	11	11	15	25	8	8	12	9	15	19	10	4	6	24	23	29	2	27	36	44	21	22	45	47	46	43	73	41	9	26	98	128	111	113	146	86	86	87	134	70	69	128
Payables to related party
91	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total current liabilities
1,172	1,401	1,373	1,756	1,775	1,496	1,418	1,383	1,750	1,559	1,471	1,487	1,450	1,485	1,588	1,492	1,605	2,195	1,725	2,087	2,006	2,147	2,153	2,107	2,095	2,240	2,154	2,180	2,907	2,704	2,778	2,870	3,154	2,891	2,872	2,919	2,908	2,956	3,429	2,652	2,805	2,291	2,383	2,235	2,912
Long-term debt
1,591	1,590	1,589	1,197	1,196	1,581	1,630	1,630	1,629	1,872	1,873	1,873	1,874	1,875	2,226	2,139	2,145	2,150	2,196	2,203	2,208	2,417	2,472	2,480	2,525	2,532	2,541	2,634	2,685	2,623	2,628	2,581	2,201	2,459	2,464	2,417	2,391	2,408	1,934	1,891	1,828	2,307	2,328	2,243	1,456
Long-term operating lease liability
137	143	141	144	150	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Employee benefit plans
134	137	128	129	128	128	132	134	151	150	160	172	167	164	162	164	169	177	473	476	478	249	363	390	371	398	541	568	616	637	592	624	590	603	476	492	492	561	568	563	572	577	599	659	665
Long-term sales taxes and taxes other than income
-	-	-	-	-	-	0	191	204	193	185	-	-	124	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Long-term income taxes
110	128	127	140	135	136	132	97	96	84	82	75	76	78	77	76	67	65	62	72	78	75	76	75	56	53	49	49	51	52	60	64	64	67	83	106	119	128	172	186	203	147	166	160	168
Other liabilities
85	90	74	54	55	72	77	80	80	84	90	243	213	81	187	162	78	78	85	86	87	93	100	102	103	140	114	119	117	131	126	122	120	129	139	142	136	146	149	119	123	174	163	155	159
Noncurrent liabilities of discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	260	-	-	-	297	-	-	-	-	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	12	-	-	-
Total liabilities
3,232	3,491	3,434	3,423	3,440	3,414	3,391	3,517	3,913	3,944	3,864	3,852	3,784	3,810	4,241	4,035	4,064	4,926	4,543	4,926	4,859	5,279	5,165	5,155	5,153	5,364	5,400	5,552	6,378	6,149	6,185	6,263	6,131	6,149	6,035	6,078	6,047	6,201	6,254	5,414	5,533	5,510	5,640	5,454	5,361
Leases and Commitments and contingencies (Notes 16 and 19)
-	-	-	-	-	-	0	0	-	-	0	0	0	0	0	0	0	0	-	-	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	0	-	-	-	-	-	0	-
Series C convertible preferred stock
0	578	511	504	498	492	485	479	473	467	461	456	450	444	439	433	428	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Shareholders’ Deficit
Common stock
0	192	190	190	190	190	190	190	190	189	189	189	189	188	188	188	188	187	187	187	187	187	187	187	187	189	189	189	189	188	188	188	188	187	187	187	187	186	186	186	186	186	185	185	185
Additional paid-in capital
523	2,321	2,310	2,307	2,302	2,303	2,299	2,297	2,293	2,291	2,290	2,289	2,283	2,273	2,272	2,266	2,256	2,254	2,233	2,219	2,206	2,207	2,199	2,196	2,184	2,175	2,169	2,159	2,138	2,119	2,111	2,100	2,089	2,077	2,075	2,064	2,043	2,024	2,006	1,989	1,965	1,941	1,918	1,903	1,874
Retained earnings
-170	2,138	2,270	2,169	2,195	2,234	2,318	2,210	2,252	2,320	2,235	2,228	2,280	2,322	2,338	2,308	2,280	2,448	2,808	3,531	3,529	3,702	4,060	3,995	4,002	4,196	4,292	4,323	4,318	4,357	4,544	4,613	4,652	4,726	4,825	4,761	4,655	4,610	4,476	4,404	4,331	4,383	4,204	4,138	4,118
Accumulated other comprehensive loss
-1,144	-1,040	-1,049	-1,028	-1,034	-1,030	-1,015	-1,014	-891	-926	-934	-954	-967	-1,033	-989	-1,009	-1,006	-1,366	-1,417	-1,298	-1,333	-1,217	-948	-846	-871	-870	-959	-977	-889	-876	-821	-908	-719	-854	-694	-423	-497	-605	-603	-757	-683	-692	-711	-860	-965
Treasury stock, at cost
0	4,603	4,603	4,603	4,602	4,602	4,602	4,602	4,601	4,600	4,601	4,606	4,605	4,599	4,599	4,597	4,597	4,594	4,594	4,593	4,592	4,591	4,590	4,589	4,587	4,581	4,580	4,579	4,578	4,571	4,571	4,571	4,573	4,566	4,565	4,565	4,564	4,559	4,556	4,556	4,556	4,545	4,544	4,543	4,537
Total Avon shareholders’ deficit
-791	-990	-882	-964	-948	-904	-810	-918	-756	-725	-820	-853	-820	-848	-789	-845	-878	-1,070	-781	46	-3	289	908	943	915	1,110	1,111	1,116	1,177	1,217	1,451	1,423	1,636	1,570	1,829	2,024	1,823	1,656	1,509	1,267	1,244	1,272	1,053	824	674
Noncontrolling interests
5	6	6	7	7	7	7	8	9	10	11	11	11	11	13	14	15	13	13	15	15	15	16	17	15	17	16	16	17	16	15	16	15	14	14	14	16	16	43	43	41	40	41	38	37
Total shareholders’ deficit
-785	-983	-875	-957	-941	-896	-802	-910	-746	-714	-809	-841	-808	-836	-775	-830	-863	-1,056	-768	62	12	305	925	960	931	1,127	1,127	1,133	1,195	1,233	1,466	1,439	1,651	1,585	1,843	2,038	1,839	1,672	1,552	1,311	1,285	1,312	1,095	862	712
Total liabilities, series C convertible preferred stock and shareholders’ deficit
2,447	3,086	3,070	2,971	2,997	3,010	3,074	3,086	3,640	3,697	3,516	3,467	3,426	3,418	3,905	3,638	3,629	3,870	3,774	4,988	4,872	5,585	6,090	6,115	6,084	6,492	6,528	6,685	7,573	7,382	7,652	7,702	7,783	7,735	7,879	8,116	7,887	7,873	7,807	6,725	6,818	6,823	6,735	6,317	6,074
Held-for-sale
Held for sale liabilities
14	16	0	0	0	11	-	-	-	0	2	3	7	10	12	12	37	489	-	21	-	207	-	-	-	-	0	16	-	24	-	-	-	-	-	-	-	-	-	-	-	37	-	-	-
Discontinued Operations
Held for sale liabilities
-	-	14	18	9	0	-	-	-	-	-	-	-	-	0	0	0	100	-	-	-	100	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-