10-Q Filing

AVON PRODUCTS INC CIK: 8868 Q3 2009

Filing Information

Form Type	10-Q
Accession Number	`0001193125-09-216813`
Period End Date	20090930
Filing Date	20091029
Fiscal Year	2009
Fiscal Period	Q3
XBRL Instance	avp-20090930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 64 Income Statement 72 Cash Flow Statement 70

Balance Sheet 64 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$967.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$963.40M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.29B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.10B	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$687.80M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$736.20M	USD	Point-in-time
Inventories	`InventoryNet`	$1.19B	USD	Point-in-time
Inventories	`InventoryNet`	$1.01B	USD	Point-in-time
Prepaid expenses and other	`OtherAssetsCurrent`	$974.50M	USD	Point-in-time
Prepaid expenses and other	`OtherAssetsCurrent`	$756.50M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$4.20B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$3.56B	USD	Point-in-time
Property, plant and equipment, at cost	`PropertyPlantAndEquipmentGross`	$2.60B	USD	Point-in-time
Property, plant and equipment, at cost	`PropertyPlantAndEquipmentGross`	$2.44B	USD	Point-in-time
Less accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$1.15B	USD	Point-in-time
Less accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$1.10B	USD	Point-in-time
Property, Plant and Equipment, Net, Total	`PropertyPlantAndEquipmentNet`	$1.34B	USD	Point-in-time
Property, Plant and Equipment, Net, Total	`PropertyPlantAndEquipmentNet`	$1.45B	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$1.17B	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$1.09B	USD	Point-in-time
Total assets	`Assets`	$6.74B	USD	Point-in-time
Total assets	`Assets`	$6.07B	USD	Point-in-time
Debt maturing within one year	`DebtCurrent`	$431.20M	USD	Point-in-time
Debt maturing within one year	`DebtCurrent`	$1.03B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$721.30M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$724.30M	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$234.40M	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$273.80M	USD	Point-in-time
Other accrued liabilities	`OtherLiabilitiesCurrent`	$581.90M	USD	Point-in-time
Other accrued liabilities	`OtherLiabilitiesCurrent`	$642.30M	USD	Point-in-time
Sales and taxes other than income	`SalesAndTaxesOtherThanIncome`	$245.10M	USD	Point-in-time
Sales and taxes other than income	`SalesAndTaxesOtherThanIncome`	$212.20M	USD	Point-in-time
Income taxes	`AccruedIncomeTaxesCurrent`	$70.10M	USD	Point-in-time
Income taxes	`AccruedIncomeTaxesCurrent`	$128.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.38B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.91B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$2.33B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$1.46B	USD	Point-in-time
Employee benefit plans	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$665.40M	USD	Point-in-time
Employee benefit plans	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$599.50M	USD	Point-in-time
Long-term income taxes	`TaxesPayableNoncurrent`	$166.10M	USD	Point-in-time
Long-term income taxes	`TaxesPayableNoncurrent`	$168.90M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$163.00M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$159.00M	USD	Point-in-time
Total liabilities	`Liabilities`	$5.64B	USD	Point-in-time
Total liabilities	`Liabilities`	$5.36B	USD	Point-in-time
Common stock	`CommonStockValue`	$185.60M	USD	Point-in-time
Common stock	`CommonStockValue`	$185.90M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.92B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.87B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$4.20B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$4.12B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-965.90M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-711.10M	USD	Point-in-time
Treasury stock, at cost	`TreasuryStockValue`	$4.54B	USD	Point-in-time
Treasury stock, at cost	`TreasuryStockValue`	$4.54B	USD	Point-in-time
Total Avon shareholders' equity	`StockholdersEquity`	$674.90M	USD	Point-in-time
Total Avon shareholders' equity	`StockholdersEquity`	$1.05B	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$41.70M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$37.40M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.10B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$712.30M	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$6.74B	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$6.07B	USD	Point-in-time

Income Statement 72 line items

Line Item	Tag	Value	Unit	Period
Net sales	`SalesRevenueGoodsNet`	$7.81B	USD	3 Qtrs
Net sales	`SalesRevenueGoodsNet`	$2.62B	USD	1 Quarter
Net sales	`SalesRevenueGoodsNet`	$7.13B	USD	3 Qtrs
Net sales	`SalesRevenueGoodsNet`	$2.53B	USD	1 Quarter
Other revenue	`OtherSalesRevenueNet`	$26.00M	USD	1 Quarter
Other revenue	`OtherSalesRevenueNet`	$71.00M	USD	3 Qtrs
Other revenue	`OtherSalesRevenueNet`	$74.90M	USD	3 Qtrs
Other revenue	`OtherSalesRevenueNet`	$24.30M	USD	1 Quarter
Total revenue	`Revenues`	$2.64B	USD	1 Quarter
Total revenue	`Revenues`	$7.20B	USD	3 Qtrs
Total revenue	`Revenues`	$2.55B	USD	1 Quarter
Total revenue	`Revenues`	$7.88B	USD	3 Qtrs
Cost of sales	`CostOfRevenue`	$2.89B	USD	3 Qtrs
Cost of sales	`CostOfRevenue`	$954.80M	USD	1 Quarter
Cost of sales	`CostOfRevenue`	$2.70B	USD	3 Qtrs
Cost of sales	`CostOfRevenue`	$975.00M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$4.02B	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$3.89B	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.37B	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.34B	USD	1 Quarter
Operating profit	`OperatingIncomeLoss`	$297.10M	USD	1 Quarter
Operating profit	`OperatingIncomeLoss`	$609.80M	USD	3 Qtrs
Operating profit	`OperatingIncomeLoss`	$967.20M	USD	3 Qtrs
Operating profit	`OperatingIncomeLoss`	$258.50M	USD	1 Quarter
Interest expense	`InterestExpense`	$26.10M	USD	1 Quarter
Interest expense	`InterestExpense`	$24.60M	USD	1 Quarter
Interest expense	`InterestExpense`	$76.80M	USD	3 Qtrs
Interest expense	`InterestExpense`	$78.80M	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$3.20M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$15.20M	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$10.10M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$27.90M	USD	3 Qtrs
Other expense, net	`OtherNonoperatingIncomeExpense`	$-16.10M	USD	3 Qtrs
Other expense, net	`OtherNonoperatingIncomeExpense`	$-3.90M	USD	1 Quarter
Other expense, net	`OtherNonoperatingIncomeExpense`	$-3.40M	USD	1 Quarter
Other expense, net	`OtherNonoperatingIncomeExpense`	$-7.90M	USD	3 Qtrs
Total other expenses	`NonoperatingIncomeExpense`	$-17.90M	USD	1 Quarter
Total other expenses	`NonoperatingIncomeExpense`	$-26.80M	USD	1 Quarter
Total other expenses	`NonoperatingIncomeExpense`	$-71.50M	USD	3 Qtrs
Total other expenses	`NonoperatingIncomeExpense`	$-65.00M	USD	3 Qtrs
Income before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$538.30M	USD	3 Qtrs
Income before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$231.70M	USD	1 Quarter
Income before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$279.20M	USD	1 Quarter
Income before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$902.20M	USD	3 Qtrs
Income taxes	`IncomeTaxExpenseBenefit`	$254.30M	USD	3 Qtrs
Income taxes	`IncomeTaxExpenseBenefit`	$178.60M	USD	3 Qtrs
Income taxes	`IncomeTaxExpenseBenefit`	$74.10M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$54.50M	USD	1 Quarter
Net income	`ProfitLoss`	$647.90M	USD	3 Qtrs
Net income	`ProfitLoss`	$224.70M	USD	1 Quarter
Net income	`ProfitLoss`	$157.60M	USD	1 Quarter
Net income	`ProfitLoss`	$359.70M	USD	3 Qtrs
Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.40M	USD	1 Quarter
Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$3.30M	USD	3 Qtrs
Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$2.10M	USD	1 Quarter
Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$5.00M	USD	3 Qtrs
Net income attributable to Avon	`NetIncomeLoss`	$156.20M	USD	1 Quarter
Net income attributable to Avon	`NetIncomeLoss`	$642.90M	USD	3 Qtrs
Net income attributable to Avon	`NetIncomeLoss`	$356.40M	USD	3 Qtrs
Net income attributable to Avon	`NetIncomeLoss`	$222.60M	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.52	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.83	USD	3 Qtrs
Basic	`EarningsPerShareBasic`	$0.36	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$1.50	USD	3 Qtrs
Diluted	`EarningsPerShareDiluted`	$0.52	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.83	USD	3 Qtrs
Diluted	`EarningsPerShareDiluted`	$1.49	USD	3 Qtrs
Diluted	`EarningsPerShareDiluted`	$0.36	USD	1 Quarter
Cash dividends per common share	`CommonStockDividendsPerShareCashPaid`	$0.21	USD	1 Quarter
Cash dividends per common share	`CommonStockDividendsPerShareCashPaid`	$0.60	USD	3 Qtrs
Cash dividends per common share	`CommonStockDividendsPerShareCashPaid`	$0.63	USD	3 Qtrs
Cash dividends per common share	`CommonStockDividendsPerShareCashPaid`	$0.20	USD	1 Quarter

Cash Flow Statement 70 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$647.90M	USD	3 Qtrs
Net income	`ProfitLoss`	$224.70M	USD	1 Quarter
Net income	`ProfitLoss`	$157.60M	USD	1 Quarter
Net income	`ProfitLoss`	$359.70M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$131.40M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$143.00M	USD	3 Qtrs
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$159.60M	USD	3 Qtrs
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$149.10M	USD	3 Qtrs
Provision for obsolescence	`InventoryWriteDown`	$54.20M	USD	3 Qtrs
Provision for obsolescence	`InventoryWriteDown`	$72.20M	USD	3 Qtrs
Share-based compensation	`ShareBasedCompensation`	$46.50M	USD	3 Qtrs
Share-based compensation	`ShareBasedCompensation`	$43.10M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-36.30M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$8.70M	USD	3 Qtrs
Other	`AdjustmentsNoncashItemsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesOther`	$44.50M	USD	3 Qtrs
Other	`AdjustmentsNoncashItemsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesOther`	$28.10M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$63.80M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$157.00M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$207.80M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$262.60M	USD	3 Qtrs
Prepaid expenses and other	`IncreaseDecreaseInPrepaidExpensesAndOther`	$92.80M	USD	3 Qtrs
Prepaid expenses and other	`IncreaseDecreaseInPrepaidExpensesAndOther`	$183.50M	USD	3 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-178.80M	USD	3 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$29.80M	USD	3 Qtrs
Income and other taxes	`IncreaseDecreaseInIncomeAndOtherTaxes`	$-82.20M	USD	3 Qtrs
Income and other taxes	`IncreaseDecreaseInIncomeAndOtherTaxes`	$-49.20M	USD	3 Qtrs
Noncurrent assets and liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$36.90M	USD	3 Qtrs
Noncurrent assets and liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$17.10M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$302.70M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$247.10M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$171.80M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$238.30M	USD	3 Qtrs
Disposal of assets	`ProceedsFromSaleOfProductiveAssets`	$10.20M	USD	3 Qtrs
Disposal of assets	`ProceedsFromSaleOfProductiveAssets`	$8.50M	USD	3 Qtrs
Purchases of investments	`PaymentsToAcquireInvestments`	$60.50M	USD	3 Qtrs
Purchases of investments	`PaymentsToAcquireInvestments`	$700.00K	USD	3 Qtrs
Proceeds from sale of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$61.80M	USD	3 Qtrs
Proceeds from sale of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$26.60M	USD	3 Qtrs
Other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	$-100.00K	USD	3 Qtrs
Other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	$-5.70M	USD	3 Qtrs
Net cash used by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-94.80M	USD	3 Qtrs
Net cash used by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-263.60M	USD	3 Qtrs
Cash dividends	`PaymentsOfDividends`	$262.30M	USD	3 Qtrs
Cash dividends	`PaymentsOfDividends`	$273.10M	USD	3 Qtrs
Debt, net (maturities of three months or less)	`ProceedsFromRepaymentsOfShortTermDebt`	$-499.10M	USD	3 Qtrs
Debt, net (maturities of three months or less)	`ProceedsFromRepaymentsOfShortTermDebt`	$-189.80M	USD	3 Qtrs
Proceeds from debt	`ProceedsFromOtherDebt`	$547.10M	USD	3 Qtrs
Proceeds from debt	`ProceedsFromOtherDebt`	$948.90M	USD	3 Qtrs
Repayment of debt	`RepaymentsOfOtherDebt`	$62.40M	USD	3 Qtrs
Repayment of debt	`RepaymentsOfOtherDebt`	$155.20M	USD	3 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$3.80M	USD	3 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$80.80M	USD	3 Qtrs
Excess tax benefit realized from share-based compensation	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$-2.10M	USD	3 Qtrs
Excess tax benefit realized from share-based compensation	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$12.30M	USD	3 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$171.40M	USD	3 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$7.60M	USD	3 Qtrs
Net cash provided (used) by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$15.60M	USD	3 Qtrs
Net cash provided (used) by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-45.70M	USD	3 Qtrs
Effect of exchange rate changes on cash and equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$10.20M	USD	3 Qtrs
Effect of exchange rate changes on cash and equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$20.80M	USD	3 Qtrs
Net increase in cash and equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$3.60M	USD	3 Qtrs
Net increase in cash and equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$188.70M	USD	3 Qtrs
Cash and equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$967.00M	USD	Point-in-time
Cash and equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$963.40M	USD	Point-in-time
Cash and equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$1.29B	USD	Point-in-time
Cash and equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$1.10B	USD	Point-in-time
Cash and equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$967.00M	USD	Point-in-time
Cash and equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$963.40M	USD	Point-in-time
Cash and equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$1.29B	USD	Point-in-time
Cash and equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$1.10B	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.