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10-Q Filing

AVON PRODUCTS INC CIK: 8868 Q1 2010
Filing Information
Form Type 10-Q
Accession Number 0001193125-10-100510
Period End Date 20100331
Filing Date 20100430
Fiscal Year 2010
Fiscal Period Q1
XBRL Instance avp-20100331.xml
Filing Contents

This filing contains the following financial statements:

Balance Sheet 64 line items
Line Item Tag Value Unit Period
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $1.10B USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $1.60B USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $1.12B USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $1.31B USD Point-in-time
Accounts receivable, net AccountsReceivableNetCurrent $779.70M USD Point-in-time
Accounts receivable, net AccountsReceivableNetCurrent $748.00M USD Point-in-time
Inventories InventoryNet $1.07B USD Point-in-time
Inventories InventoryNet $1.10B USD Point-in-time
Prepaid expenses and other OtherAssetsCurrent $891.50M USD Point-in-time
Prepaid expenses and other OtherAssetsCurrent $1.03B USD Point-in-time
Total current assets AssetsCurrent $4.19B USD Point-in-time
Total current assets AssetsCurrent $3.87B USD Point-in-time
Property, plant and equipment, at cost PropertyPlantAndEquipmentGross $2.72B USD Point-in-time
Property, plant and equipment, at cost PropertyPlantAndEquipmentGross $2.70B USD Point-in-time
Less accumulated depreciation AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment $1.17B USD Point-in-time
Less accumulated depreciation AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment $1.19B USD Point-in-time
Property, Plant and Equipment, Net, Total PropertyPlantAndEquipmentNet $1.54B USD Point-in-time
Property, Plant and Equipment, Net, Total PropertyPlantAndEquipmentNet $1.53B USD Point-in-time
Other assets OtherAssetsNoncurrent $1.11B USD Point-in-time
Other assets OtherAssetsNoncurrent $1.42B USD Point-in-time
Total assets Assets $6.83B USD Point-in-time
Total assets Assets $6.82B USD Point-in-time
Debt maturing within one year DebtCurrent $770.20M USD Point-in-time
Debt maturing within one year DebtCurrent $138.10M USD Point-in-time
Accounts payable AccountsPayableCurrent $742.60M USD Point-in-time
Accounts payable AccountsPayableCurrent $754.70M USD Point-in-time
Accrued compensation EmployeeRelatedLiabilitiesCurrent $268.30M USD Point-in-time
Accrued compensation EmployeeRelatedLiabilitiesCurrent $291.00M USD Point-in-time
Other accrued liabilities OtherLiabilitiesCurrent $697.10M USD Point-in-time
Other accrued liabilities OtherLiabilitiesCurrent $695.10M USD Point-in-time
Sales and taxes other than income SalesAndTaxesOtherThanIncome $259.20M USD Point-in-time
Sales and taxes other than income SalesAndTaxesOtherThanIncome $241.20M USD Point-in-time
Income taxes AccruedIncomeTaxesCurrent $134.70M USD Point-in-time
Income taxes AccruedIncomeTaxesCurrent $87.80M USD Point-in-time
Total current liabilities LiabilitiesCurrent $2.81B USD Point-in-time
Total current liabilities LiabilitiesCurrent $2.27B USD Point-in-time
Long-term debt LongTermDebtNoncurrent $1.83B USD Point-in-time
Long-term debt LongTermDebtNoncurrent $2.31B USD Point-in-time
Employee benefit plans PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent $588.90M USD Point-in-time
Employee benefit plans PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent $572.90M USD Point-in-time
Long-term income taxes TaxesPayableNoncurrent $173.80M USD Point-in-time
Long-term income taxes TaxesPayableNoncurrent $203.80M USD Point-in-time
Other liabilities OtherLiabilitiesNoncurrent $174.80M USD Point-in-time
Other liabilities OtherLiabilitiesNoncurrent $123.00M USD Point-in-time
Total liabilities Liabilities $5.53B USD Point-in-time
Total liabilities Liabilities $5.52B USD Point-in-time
Common stock CommonStockValue $186.10M USD Point-in-time
Common stock CommonStockValue $186.30M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $1.94B USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $1.97B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $4.33B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $4.38B USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-692.60M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-683.20M USD Point-in-time
Treasury stock, at cost TreasuryStockValue $4.56B USD Point-in-time
Treasury stock, at cost TreasuryStockValue $4.55B USD Point-in-time
Total Avon shareholders' equity StockholdersEquity $1.27B USD Point-in-time
Total Avon shareholders' equity StockholdersEquity $1.24B USD Point-in-time
Noncontrolling interest MinorityInterest $41.20M USD Point-in-time
Noncontrolling interest MinorityInterest $40.00M USD Point-in-time
Total shareholders' equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.29B USD Point-in-time
Total shareholders' equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.31B USD Point-in-time
Total liabilities and shareholders' equity LiabilitiesAndStockholdersEquity $6.82B USD Point-in-time
Total liabilities and shareholders' equity LiabilitiesAndStockholdersEquity $6.83B USD Point-in-time
Income Statement 36 line items
Line Item Tag Value Unit Period
Net sales SalesRevenueGoodsNet $2.16B USD 1 Quarter
Net sales SalesRevenueGoodsNet $2.46B USD 1 Quarter
Other revenue OtherSalesRevenueNet $29.20M USD 1 Quarter
Other revenue OtherSalesRevenueNet $31.70M USD 1 Quarter
Total revenue Revenues $2.19B USD 1 Quarter
Total revenue Revenues $2.49B USD 1 Quarter
Cost of sales CostOfRevenue $811.20M USD 1 Quarter
Cost of sales CostOfRevenue $948.40M USD 1 Quarter
Selling, general and administrative expenses SellingGeneralAndAdministrativeExpense $1.35B USD 1 Quarter
Selling, general and administrative expenses SellingGeneralAndAdministrativeExpense $1.21B USD 1 Quarter
Operating profit OperatingIncomeLoss $168.40M USD 1 Quarter
Operating profit OperatingIncomeLoss $192.80M USD 1 Quarter
Interest expense InterestExpense $24.80M USD 1 Quarter
Interest expense InterestExpense $21.80M USD 1 Quarter
Interest income InvestmentIncomeInterest $7.30M USD 1 Quarter
Interest income InvestmentIncomeInterest $4.90M USD 1 Quarter
Other expense, net OtherNonoperatingIncomeExpense $-48.20M USD 1 Quarter
Other expense, net OtherNonoperatingIncomeExpense $-4.20M USD 1 Quarter
Total other expenses NonoperatingIncomeExpense $-65.10M USD 1 Quarter
Total other expenses NonoperatingIncomeExpense $-21.70M USD 1 Quarter
Income before taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $146.70M USD 1 Quarter
Income before taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $127.70M USD 1 Quarter
Income taxes IncomeTaxExpenseBenefit $84.40M USD 1 Quarter
Income taxes IncomeTaxExpenseBenefit $29.20M USD 1 Quarter
Net income ProfitLoss $117.50M USD 1 Quarter
Net income ProfitLoss $43.30M USD 1 Quarter
Net income attributable to noncontrolling interest NetIncomeLossAttributableToNoncontrollingInterest $800.00K USD 1 Quarter
Net income attributable to noncontrolling interest NetIncomeLossAttributableToNoncontrollingInterest $200.00K USD 1 Quarter
Net income attributable to Avon NetIncomeLoss $42.50M USD 1 Quarter
Net income attributable to Avon NetIncomeLoss $117.30M USD 1 Quarter
Basic EarningsPerShareBasic $0.27 USD 1 Quarter
Basic EarningsPerShareBasic $0.10 USD 1 Quarter
Diluted EarningsPerShareDiluted $0.10 USD 1 Quarter
Diluted EarningsPerShareDiluted $0.27 USD 1 Quarter
Cash dividends per common share CommonStockDividendsPerShareCashPaid $0.22 USD 1 Quarter
Cash dividends per common share CommonStockDividendsPerShareCashPaid $0.21 USD 1 Quarter
Cash Flow Statement 71 line items
Line Item Tag Value Unit Period
Net cash provided (used by) financing activities, Non-cash financing activities change in fair market value of interest rate swap agreements IncreaseDecreaseInFairValueOfInterestRateSwapsNet $17.70M USD 1 Quarter
Net cash provided (used by) financing activities, Non-cash financing activities change in fair market value of interest rate swap agreements IncreaseDecreaseInFairValueOfInterestRateSwapsNet $-4.40M USD 1 Quarter
Net income ProfitLoss $43.30M USD 1 Quarter
Net cash provided (used by) financing activities, Non-cash financing activities shares repurchased in connection with employees using shares to pay withholding taxes upon the vesting of restricted stock unit NoncashFinancingEmployeeRepurchaseOfSharesInConnectionWithPaymentOfWithholdingTaxesUponVestingOfRestrictedUnits $4.50M USD 1 Quarter
Net income ProfitLoss $117.50M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $44.30M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $42.80M USD 1 Quarter
Provision for doubtful accounts ProvisionForDoubtfulAccounts $52.80M USD 1 Quarter
Provision for doubtful accounts ProvisionForDoubtfulAccounts $47.90M USD 1 Quarter
Provision for obsolescence InventoryWriteDown $20.00M USD 1 Quarter
Provision for obsolescence InventoryWriteDown $24.80M USD 1 Quarter
Share-based compensation ShareBasedCompensation $17.30M USD 1 Quarter
Share-based compensation ShareBasedCompensation $20.00M USD 1 Quarter
Deferred income taxes DeferredIncomeTaxExpenseBenefit $20.60M USD 1 Quarter
Deferred income taxes DeferredIncomeTaxExpenseBenefit $1.30M USD 1 Quarter
Charge for Venezuelan monetary assets and liabilities ChargesForVenezuelanMonetaryAssetsAndLiabilities $-46.10M USD 1 Quarter
Other AdjustmentsNoncashItemsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesOther $21.40M USD 1 Quarter
Other AdjustmentsNoncashItemsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesOther $18.30M USD 1 Quarter
Accounts receivable IncreaseDecreaseInAccountsReceivable $45.30M USD 1 Quarter
Accounts receivable IncreaseDecreaseInAccountsReceivable $32.30M USD 1 Quarter
Inventories IncreaseDecreaseInInventories $106.60M USD 1 Quarter
Inventories IncreaseDecreaseInInventories $62.60M USD 1 Quarter
Prepaid expenses and other IncreaseDecreaseInPrepaidExpensesAndOther $26.50M USD 1 Quarter
Prepaid expenses and other IncreaseDecreaseInPrepaidExpensesAndOther $9.40M USD 1 Quarter
Accounts payable and accrued liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $-111.00M USD 1 Quarter
Accounts payable and accrued liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $-41.10M USD 1 Quarter
Income and other taxes IncreaseDecreaseInIncomeAndOtherTaxes $-50.50M USD 1 Quarter
Income and other taxes IncreaseDecreaseInIncomeAndOtherTaxes $-68.90M USD 1 Quarter
Noncurrent assets and liabilities IncreaseDecreaseInOtherOperatingCapitalNet $20.80M USD 1 Quarter
Noncurrent assets and liabilities IncreaseDecreaseInOtherOperatingCapitalNet $7.00M USD 1 Quarter
Net cash provided (used) by operating activities NetCashProvidedByUsedInOperatingActivities $-60.70M USD 1 Quarter
Net cash provided (used) by operating activities NetCashProvidedByUsedInOperatingActivities $17.10M USD 1 Quarter
Capital expenditures PaymentsToAcquirePropertyPlantAndEquipment $56.80M USD 1 Quarter
Capital expenditures PaymentsToAcquirePropertyPlantAndEquipment $51.10M USD 1 Quarter
Disposal of assets ProceedsFromSaleOfProductiveAssets $1.60M USD 1 Quarter
Disposal of assets ProceedsFromSaleOfProductiveAssets $3.80M USD 1 Quarter
Purchases of investments PaymentsToAcquireInvestments $300.00K USD 1 Quarter
Purchases of investments PaymentsToAcquireInvestments $100.00K USD 1 Quarter
Proceeds from sale of investments ProceedsFromSaleMaturityAndCollectionsOfInvestments $45.70M USD 1 Quarter
Proceeds from sale of investments ProceedsFromSaleMaturityAndCollectionsOfInvestments $1.40M USD 1 Quarter
Acquisitions and other investing activities AcquisitionsAndOtherInvestingActivities $146.10M USD 1 Quarter
Net cash used by investing activities NetCashProvidedByUsedInInvestingActivities $-198.00M USD 1 Quarter
Net cash used by investing activities NetCashProvidedByUsedInInvestingActivities $-3.90M USD 1 Quarter
Cash dividends PaymentsOfDividends $95.30M USD 1 Quarter
Cash dividends PaymentsOfDividends $89.50M USD 1 Quarter
Debt, net (maturities of three months or less) ProceedsFromRepaymentsOfShortTermDebt $133.10M USD 1 Quarter
Debt, net (maturities of three months or less) ProceedsFromRepaymentsOfShortTermDebt $-69.40M USD 1 Quarter
Proceeds from debt ProceedsFromOtherDebt $6.10M USD 1 Quarter
Proceeds from debt ProceedsFromOtherDebt $883.00M USD 1 Quarter
Repayment of debt RepaymentsOfOtherDebt $10.00M USD 1 Quarter
Repayment of debt RepaymentsOfOtherDebt $134.40M USD 1 Quarter
Proceeds from exercise of stock options ProceedsFromStockOptionsExercised $200.00K USD 1 Quarter
Proceeds from exercise of stock options ProceedsFromStockOptionsExercised $7.40M USD 1 Quarter
Excess tax benefit realized from share-based compensation ExcessTaxBenefitFromShareBasedCompensationFinancingActivities $-100.00K USD 1 Quarter
Excess tax benefit realized from share-based compensation ExcessTaxBenefitFromShareBasedCompensationFinancingActivities $700.00K USD 1 Quarter
Repurchase of common stock PaymentsForRepurchaseOfCommonStock $10.40M USD 1 Quarter
Repurchase of common stock PaymentsForRepurchaseOfCommonStock $1.50M USD 1 Quarter
Net cash provided by financing activities NetCashProvidedByUsedInFinancingActivities $588.30M USD 1 Quarter
Net cash provided by financing activities NetCashProvidedByUsedInFinancingActivities $31.60M USD 1 Quarter
Effect of exchange rate changes on cash and equivalents EffectOfExchangeRateOnCashAndCashEquivalents $-26.00M USD 1 Quarter
Effect of exchange rate changes on cash and equivalents EffectOfExchangeRateOnCashAndCashEquivalents $-39.40M USD 1 Quarter
Net (decrease) increase in cash and equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $497.70M USD 1 Quarter
Net (decrease) increase in cash and equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $-188.70M USD 1 Quarter
Cash and equivalents at beginning of year CashAndCashEquivalentsAtCarryingValue $1.10B USD Point-in-time
Cash and equivalents at beginning of year CashAndCashEquivalentsAtCarryingValue $1.60B USD Point-in-time
Cash and equivalents at beginning of year CashAndCashEquivalentsAtCarryingValue $1.12B USD Point-in-time
Cash and equivalents at beginning of year CashAndCashEquivalentsAtCarryingValue $1.31B USD Point-in-time
Cash and equivalents at end of period CashAndCashEquivalentsAtCarryingValue $1.60B USD Point-in-time
Cash and equivalents at end of period CashAndCashEquivalentsAtCarryingValue $1.12B USD Point-in-time
Cash and equivalents at end of period CashAndCashEquivalentsAtCarryingValue $1.10B USD Point-in-time
Cash and equivalents at end of period CashAndCashEquivalentsAtCarryingValue $1.31B USD Point-in-time

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

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