| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 | Dec'08 | Dec'07 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash Flows from Operating Activities | ||||||||||||
Net loss | ||||||||||||
-1,300 | -21,800 | 20,000 | -107,400 | -1,145,600 | -384,900 | -51,900 | -38,200 | 517,800 | 609,300 | 628,200 | 875,600 | 533,300 |
Loss from discontinued operations, net of tax | ||||||||||||
-36,600 | 0 | 0 | -14,000 | -349,100 | -40,400 | -119,400 | -131,500 | -157,800 | 14,100 | 9,000 | -6,900 | - |
Loss from continuing operations, net of tax | ||||||||||||
35,300 | -21,800 | 20,000 | -93,400 | -796,500 | -344,500 | 67,500 | 93,300 | 675,600 | 595,200 | 619,200 | 882,500 | - |
Adjustments to reconcile net loss from continuing operations to net cash used by operating activities: | ||||||||||||
Depreciation | ||||||||||||
68,100 | 81,100 | 84,300 | 83,300 | 94,000 | 121,700 | 132,800 | 161,800 | 173,300 | 145,200 | 127,800 | -136,400 | 128,900 |
Amortization | ||||||||||||
24,800 | 26,600 | 29,700 | 30,600 | 32,100 | 47,700 | 54,900 | 50,700 | 47,800 | 49,600 | 47,500 | -45,200 | 43,200 |
Provision for doubtful accounts | ||||||||||||
115,400 | 162,400 | 221,900 | 190,500 | 144,100 | 171,100 | 209,200 | 250,900 | 247,000 | 215,700 | 221,200 | 195,100 | 164,100 |
Provision for obsolescence | ||||||||||||
37,100 | 113,500 | 36,700 | 36,500 | 45,400 | 78,400 | 82,000 | 118,800 | 128,100 | 131,100 | 120,000 | 79,400 | 280,600 |
Share-based compensation | ||||||||||||
15,600 | 13,800 | 24,200 | 24,000 | 51,200 | 38,900 | 43,300 | 41,100 | 36,600 | 57,600 | 54,900 | 54,800 | 61,600 |
Foreign exchange losses (gains) | ||||||||||||
14,100 | -14,900 | -18,100 | -6,100 | -44,300 | -41,400 | -26,200 | 22,400 | -12,600 | 9,400 | 1,500 | -18,700 | 2,500 |
Deferred income taxes | ||||||||||||
37,500 | -49,000 | -30,200 | -8,500 | 644,600 | 236,400 | -87,500 | 27,900 | -104,200 | -103,100 | -166,300 | -85,600 | -112,400 |
Impairment of goodwill | ||||||||||||
17,700 | 0 | 0 | - | 6,900 | 0 | 42,100 | 44,000 | 0 | 0 | 0 | - | - |
Charge for Venezuelan monetary assets and liabilities | ||||||||||||
- | - | - | - | -4,200 | 53,700 | 34,100 | 0 | 0 | -46,100 | 0 | - | - |
Charge for Venezuelan non-monetary assets | ||||||||||||
- | - | - | - | 101,700 | 115,700 | 0 | 0 | - | - | - | - | - |
Deconsolidation, Gain (Loss), Amount | ||||||||||||
- | - | - | -120,500 | 0 | 0 | - | - | - | - | - | - | - |
Gain on sale of business / assets | ||||||||||||
50,100 | 0 | 0 | - | 44,900 | 0 | 0 | - | - | - | - | - | - |
Charge for Argentinian monetary assets and liabilities | ||||||||||||
- | - | - | 0 | - | - | - | - | - | - | - | - | - |
Brazil IPI Tax Release | ||||||||||||
-118,300 | -194,700 | 0 | 0 | - | - | - | - | - | - | - | - | - |
Other | ||||||||||||
-12,000 | -18,500 | -39,600 | 3,300 | -11,600 | -10,800 | 2,300 | -57,700 | -51,000 | -26,600 | -57,600 | 52,300 | 39,500 |
Changes in assets and liabilities: | ||||||||||||
Accounts receivable | ||||||||||||
55,200 | 102,800 | 214,600 | 216,600 | 184,700 | 179,000 | 224,000 | 240,900 | 241,100 | 280,300 | 259,500 | 182,400 | 236,600 |
Inventories | ||||||||||||
-56,000 | 99,600 | 19,200 | 28,600 | 106,600 | 170,500 | 88,100 | 81,800 | 203,900 | 189,800 | 127,800 | 172,200 | 341,000 |
Prepaid expenses and other | ||||||||||||
-25,700 | 49,300 | -14,800 | -16,800 | -8,700 | 77,000 | -72,100 | -59,100 | -24,400 | 4,900 | 90,400 | 154,600 | 49,100 |
Accounts payable and accrued liabilities | ||||||||||||
-145,400 | 73,100 | 12,300 | -17,600 | 80,400 | 142,600 | 176,000 | 82,600 | -59,900 | 76,700 | 145,000 | -138,000 | 169,900 |
Income and other taxes | ||||||||||||
28,800 | 63,200 | 4,100 | -4,700 | 50,700 | 57,500 | 7,100 | -23,300 | -51,600 | -63,200 | 16,100 | 47,400 | 61,600 |
Noncurrent assets and liabilities | ||||||||||||
-3,400 | -42,800 | -29,500 | 7,600 | 87,400 | 56,000 | 74,900 | 75,500 | 107,600 | 4,100 | 9,100 | 45,100 | 151,300 |
Net cash used by operating activities of continuing operations | ||||||||||||
94,300 | 92,700 | 271,200 | 128,000 | 91,400 | 288,900 | 470,500 | 544,000 | 628,100 | 689,000 | 754,700 | 733,900 | 589,800 |
Cash Flows from Investing Activities | ||||||||||||
Capital expenditures | ||||||||||||
58,500 | 94,900 | 97,300 | 93,000 | 92,400 | 126,300 | 189,700 | 228,500 | 276,400 | 331,200 | 296,300 | 377,400 | 278,500 |
Disposal of assets | ||||||||||||
7,800 | 4,800 | 5,900 | 13,300 | 8,200 | 15,700 | 13,000 | 15,400 | 17,100 | 11,900 | 11,200 | 13,400 | 11,200 |
Net proceeds from sale of business / assets | ||||||||||||
99,900 | 0 | 0 | - | - | - | - | - | - | - | - | - | - |
Distribution from New Avon LLC | ||||||||||||
0 | 0 | 22,000 | 0 | 0 | - | - | - | - | - | - | - | - |
Net proceeds from sale of business | ||||||||||||
- | - | - | - | 208,300 | 0 | 0 | - | - | - | - | - | - |
Purchases of investments | ||||||||||||
- | - | - | - | 35,300 | 26,800 | 28,300 | 1,500 | 28,800 | 1,900 | 900 | - | 47,000 |
Acquisitions and other investing activities | ||||||||||||
- | - | - | - | - | - | - | - | - | 785,800 | -5,800 | 77,700 | - |
Net proceeds from sale of investments | ||||||||||||
- | - | - | - | 53,700 | 36,900 | 14,400 | 1,200 | 33,700 | 11,300 | 61,900 | 41,400 | 46,100 |
Reduction of cash due to Venezuela deconsolidation | ||||||||||||
- | - | - | 4,500 | 0 | 0 | - | - | - | - | - | - | - |
Other investing activities | ||||||||||||
-1,000 | 3,300 | 200 | -1,500 | 0 | 0 | - | - | 13,000 | - | - | - | 19,000 |
Net cash provided (used) by investing activities of continuing operations | ||||||||||||
50,200 | -93,400 | -69,600 | -82,700 | 142,500 | -100,500 | -190,600 | -213,400 | -267,400 | -1,095,700 | -218,300 | -400,300 | -287,200 |
Cash Flows from Financing Activities | ||||||||||||
Payments of Dividends | ||||||||||||
- | - | - | - | 108,800 | 110,200 | 106,800 | 329,300 | 403,400 | 384,100 | 364,700 | 346,700 | 325,700 |
Debt, net (maturities of three months or less) | ||||||||||||
-9,200 | -10,700 | 10,300 | -36,400 | -59,100 | -22,400 | -10,300 | -710,500 | 635,700 | -3,600 | -507,600 | -216,900 | 249,600 |
Proceeds from debt | ||||||||||||
400,000 | 0 | 0 | 508,700 | 7,600 | 0 | 1,488,300 | 735,800 | 88,900 | 661,500 | 957,800 | 572,300 | 58,700 |
Repayment of debt | ||||||||||||
388,200 | 289,100 | 2,900 | 733,000 | 261,200 | 66,500 | 1,935,200 | 138,300 | 614,600 | 53,200 | 450,500 | 73,900 | 18,000 |
Excess tax benefit realized from share-based compensation | ||||||||||||
- | - | - | - | - | - | - | - | -200 | 4,300 | -700 | 15,100 | 19,600 |
Repurchase of common stock | ||||||||||||
9,600 | 3,200 | 7,200 | 5,600 | 3,100 | 9,800 | 9,400 | 8,800 | 7,700 | 14,100 | 8,600 | 172,100 | 666,800 |
Interest rate swap termination | ||||||||||||
- | - | - | - | - | - | 88,100 | 43,600 | 0 | 0 | - | - | - |
Net proceeds from exercise of stock options | ||||||||||||
15,600 | 0 | 0 | - | - | 200 | 15,900 | 6,200 | 16,800 | 23,900 | 13,100 | 81,400 | 85,500 |
Costs associated with debt issue / repayment | ||||||||||||
-26,800 | 0 | 0 | 426,300 | 0 | 0 | - | - | - | - | - | - | - |
Proceeds from monetization of COFINS tax credits | ||||||||||||
19,400 | 0 | 0 | - | - | - | - | - | - | - | - | - | - |
Other financing activities | ||||||||||||
-100 | -3,900 | -200 | -23,000 | -5,900 | 0 | 0 | - | - | - | - | - | - |
Net cash provided (used) by financing activities of continuing operations | ||||||||||||
1,100 | -306,900 | 0 | 137,000 | -430,500 | -208,700 | -469,400 | -401,300 | -284,500 | 234,700 | -361,200 | -140,800 | -597,100 |
Cash Flows from Discontinued Operations | ||||||||||||
Net cash used by operating activities of discontinued operations | ||||||||||||
-20,600 | 0 | -8,600 | -67,600 | 20,700 | 70,900 | 65,100 | 12,100 | 27,700 | 13,000 | 27,300 | 14,200 | - |
Net cash used by investing activities of discontinued operations | ||||||||||||
- | - | - | -94,600 | -4,200 | -4,600 | 102,000 | -300 | -1,500 | 61,300 | -600 | -3,100 | - |
Net cash used by financing activities of discontinued operations | ||||||||||||
- | - | - | - | -15,000 | -10,100 | 1,500 | - | - | -300 | -600 | -700 | - |
Net cash used by discontinued operations | ||||||||||||
-20,600 | 0 | -8,600 | -162,200 | 1,500 | 56,200 | 168,600 | 11,800 | 26,200 | 74,000 | 26,100 | - | - |
Effect of exchange rate changes on cash and cash equivalents, and restricted cash | ||||||||||||
-300 | -37,500 | 34,100 | -50,400 | -80,700 | -183,300 | -80,800 | 23,400 | -37,200 | -33,700 | 5,600 | -61,900 | 59,000 |
Net decrease in cash and cash equivalents, and restricted cash | ||||||||||||
124,700 | -345,100 | 227,100 | -30,300 | -275,800 | -147,400 | -101,700 | -35,500 | 65,200 | -131,700 | 206,900 | 141,300 | -235,500 |
Cash paid for: | ||||||||||||
Interest | ||||||||||||
122,000 | 139,000 | 141,700 | 142,800 | 128,600 | 123,800 | 222,100 | 137,500 | 137,400 | 133,400 | 127,500 | 99,600 | 113,200 |
Income taxes, net of refunds received | ||||||||||||
55,900 | 87,400 | 132,200 | 143,300 | 162,500 | 229,200 | 296,200 | 331,900 | 423,800 | 387,300 | 377,900 | 386,400 | 396,700 |