Avon Products (AVP) 10-Q 4 Nov 15 2015 Q3 Quarterly report Financial data

Document And Entity Information

Document And Entity Information	9 Months Ended
	Sep. 30, 2015shares
DEI [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Sep. 30, 2015
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	Q3
Entity Registrant Name	AVON PRODUCTS INC
Entity Central Index Key	8,868
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding	435,398,380

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Net sales	$ 1,631.2	$ 2,059	$ 5,183.5	$ 6,340.5
Other revenue	35.7	79.2	101	169.9
Total revenue	1,666.9	2,138.2	5,284.5	6,510.4
Costs, expenses and other:
Cost of sales	652.7	813.9	2,073.4	2,580
Selling, general and administrative expenses	991.2	1,136.4	3,133.9	3,700.2
Operating profit	23	187.9	77.2	230.2
Interest expense	30.1	27.5	89.7	83.7
Loss on extinguishment of debt	5.5	0	5.5	0
Interest income	(3.6)	(3.8)	(9.7)	(11.4)
Other expense, net	29.4	19.8	48.3	88.8
Gain on sale of business	(46.2)	0	(44.9)	0
Total other expenses	15.2	43.5	88.9	161.1
Income (loss) before taxes	7.8	144.4	(11.7)	69.1
Income taxes	(704.8)	(52.4)	(802)	(124.4)
Net (loss) income	(697)	92	(813.7)	(55.3)
Net income attributable to noncontrolling interest	0	(0.6)	(1.8)	(2.6)
Net (loss) income attributable to Avon	$ (697)	$ 91.4	$ (815.5)	$ (57.9)
(Loss) Earnings per share:
Basic	$ (1.58)	$ 0.21	$ (1.84)	$ (0.13)
Diluted	(1.58)	0.21	(1.84)	(0.13)
Cash dividends per common share	$ 0.06	$ 0.06	$ 0.18	$ 0.18

Consolidated Statements Of Comp

Consolidated Statements Of Comprehensive Income (Loss) - USD ($) $ in Millions		3 Months Ended		9 Months Ended
		Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Statement of Comprehensive Income [Abstract]
Net (loss) income		$ (697)	$ 92	$ (813.7)	$ (55.3)
Other comprehensive loss:
Foreign currency translation adjustments		(150.9)	(124.6)	(256.4)	(101)
Change in derivative losses on cash flow hedges, net of taxes	[1]	0.5	0.3	1.4	0.9
Adjustments of and amortization of net actuarial loss and prior service cost, net of taxes		30	22.4	53	22.6
Total other comprehensive loss, net of taxes		(120.4)	(101.9)	(202)	(77.5)
Comprehensive loss		(817.4)	(9.9)	(1,015.7)	(132.8)
Less: comprehensive loss attributable to noncontrolling interest		(2.3)	(0.8)	(2.4)	(1.1)
Comprehensive loss attributable to Avon		$ (815.1)	$ (9.1)	$ (1,013.3)	$ (131.7)
[1]	Gross amount reclassified to interest expense, and related taxes reclassified to income taxes.

Consolidated Statements Of Com4

Consolidated Statements Of Comprehensive Income (Loss) Consolidated Statements of Comprehensive Income (Parenthetical) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Statement of Comprehensive Income [Abstract]
Change in derivative losses on cash flow hedges, taxes	$ 0	$ 0.1	$ 0	$ 0.5
Adjustment of and amortization of net actuarial loss and prior service cost, taxes	$ 0.3	$ 11.7	$ 0.9	$ 10.7

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Millions	Sep. 30, 2015	Dec. 31, 2014
Current Assets
Cash and cash equivalents	$ 587.4	$ 960.5
Accounts receivable, net	470.3	563.5
Inventories	847.2	822.2
Prepaid expenses and other	480.7	618.3
Total current assets	2,385.6	2,964.5
Property, plant and equipment, at cost	1,917.5	2,292.6
Less accumulated depreciation	(969.2)	(1,061.6)
Property, plant and equipment, net	948.3	1,231
Goodwill	99.9	249.3
Other assets	340.9	1,052
Total assets	3,774.7	5,496.8
Current Liabilities
Debt maturing within one year	117.2	137.1
Accounts payable	815.2	895.4
Accrued compensation	189.9	210.5
Other accrued liabilities	424.6	598.8
Sales and taxes other than income	149.4	168.6
Income taxes	29.2	36.8
Total current liabilities	1,725.5	2,047.2
Long-term debt	2,196.3	2,463.9
Employee benefit plans	473.5	501.8
Long-term income taxes	62.3	77.8
Other liabilities	85.5	100.8
Total liabilities	4,543.1	5,191.5
Shareholders' (Deficit) Equity
Common stock	187.9	187.6
Additional paid-in capital	2,233.4	2,207.9
Retained earnings	2,808.6	3,702.9
Accumulated other comprehensive loss	(1,417.4)	(1,217.6)
Treasury stock, at cost	(4,594)	(4,591)
Total Avon shareholders' (deficit) equity	(781.5)	289.8
Noncontrolling interest	13.1	15.5
Total shareholders’ (deficit) equity	(768.4)	305.3
Total liabilities and shareholders' (deficit) equity	$ 3,774.7	$ 5,496.8

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014
Cash Flows from Operating Activities
Net loss	$ (813.7)	$ (55.3)
Adjustments to reconcile net loss to net cash (used) provided by operating activities:
Depreciation	87.7	106.1
Amortization	27.3	38.7
Provision for doubtful accounts	114.2	146.9
Provision for obsolescence	44.7	67.6
Share-based compensation	28.9	28.4
Foreign exchange losses	28.2	21.1
Deferred income taxes	674.9	(87.9)
Charge for Venezuelan monetary assets and liabilities	(4.2)	53.7
Charge for Venezuelan non-monetary assets	101.7	115.7
Pre-tax gain on sale of business	(44.9)	0
Other	56.2	55.8
Changes in assets and liabilities:
Accounts receivable	(118.4)	(120)
Inventories	(198.9)	(229.7)
Prepaid expenses and other	(1.6)	(56.3)
Accounts payable and accrued liabilities	(47.9)	100
Income and other taxes	17.6	23.8
Noncurrent assets and liabilities	(48.5)	(82.8)
Net cash (used) provided by operating activities	(96.7)	125.8
Cash Flows from Investing Activities
Capital expenditures	(61.8)	(88.2)
Disposal of assets	5.7	7
Net proceeds from sale of business	208.3	0
Purchases of investments	(25)	(22.9)
Proceeds from sale of investments	9	18.4
Net cash provided (used) by investing activities	136.2	(85.7)
Cash Flows from Financing Activities
Cash dividends	(80.7)	(81.9)
Debt, net (maturities of three months or less)	(10.3)	(6.4)
Proceeds from debt	7.6	0
Repayment of debt	(265.6)	(70)
Net proceeds from exercise of stock options	0	0.2
Repurchase of common stock	(3)	(9.4)
Other financing activities	(5.9)	0
Net cash used by financing activities	(357.9)	(167.5)
Effect of exchange rate changes on cash and cash equivalents	(54.7)	(154.5)
Net decrease in cash and cash equivalents	(373.1)	(281.9)
Cash and cash equivalents at beginning of year	960.5	1,107.9
Cash and cash equivalents at end of period	$ 587.4	$ 826

Accounting Policies

Accounting Policies	9 Months Ended
	Sep. 30, 2015
Accounting Policies [Abstract]
Accounting Policies	ACCOUNTING POLICIES Basis of Presentation We prepare our unaudited interim consolidated financial statements in conformity with accounting principles generally accepted in the United States ("GAAP"). We consistently applied the accounting policies described in our 2014 Annual Report on Form 10-K (" 2014 Form 10-K") in preparing these unaudited financial statements. In our opinion, the unaudited interim consolidated financial statements reflect all adjustments of a normal recurring nature that are necessary for a fair statement of the results for the interim periods presented. Results for interim periods are not necessarily indicative of results for a full year. You should read these unaudited interim consolidated financial statements in conjunction with our consolidated financial statements contained in our 2014 Form 10-K. When used in this report, the terms "Avon," "Company," "we" or "us" mean Avon Products, Inc. For interim consolidated financial statement purposes, our tax provision is determined using an estimate of our annual effective tax rate, adjusted for discrete items, if any, that are taken into account in the relevant period. We also provide for accruals under our various employee benefit plans for each quarter based on one quarter of the estimated annual expense. We revised our Consolidated Statements of Cash Flows to correct the presentation of certain financing activities, specifically a decrease of $25.3 in repayment of debt, a decrease of $ 9.1 in proceeds from debt, and a decrease of $16.2 in debt, net for the nine months ended September 30, 2014 . Additionally, we revised our Consolidated Statements of Cash Flows to reflect income tax receivables of $7.8 for the nine months ended September 30, 2014 in income and other taxes, while they had been previously reported in prepaid expenses and other, as we believe that this is a better presentation of our income tax receivables. These revisions did not impact the total cash flows from operating activities, our Consolidated Statements of Operations, our Consolidated Statements of Comprehensive Income (Loss) or our Consolidated Balance Sheets. We determined that the effect of these revisions was not material to any of our previously issued financial statements. Venezuela Currency We account for Venezuela as a highly inflationary economy. In February 2015, the Venezuelan government announced that a new foreign exchange system was created, referred to as the SIMADI exchange ("SIMADI"). SIMADI began operating on February 12, 2015. There are multiple legal mechanisms in Venezuela to exchange currency. As SIMADI represents the rate which better reflects the economics of Avon Venezuela's business activity, in comparison to the other available exchange rates, we concluded that we should utilize the SIMADI exchange rate to remeasure our Venezuelan operations effective February 12, 2015. As a result of the change to the SIMADI rate, which caused the recognition of a devaluation of approximately 70% as compared to the exchange rate we used previously, we recorded an after-tax benefit of approximately $ 3 (a benefit of approximately $ 4 in other expense, net, and a loss of approximately $ 1 in income taxes) in the first quarter of 2015, primarily reflecting the write-down of monetary assets and liabilities. In addition, as a result of using the historical U.S. dollar cost basis of non-monetary assets, such as inventories, these assets continued to be remeasured, following the change to the SIMADI rate, at the applicable rate at the time of their acquisition. The remeasurement of non-monetary assets at the historical U.S. dollar cost basis causes a disproportionate expense as these assets are consumed in operations, negatively impacting operating profit and net income by approximately $6 and $17 during the three and nine months ended September 30, 2015, respectively. Also as a result of the change to the SIMADI rate, we determined that an adjustment of approximately $ 11 to cost of sales was needed to reflect certain non-monetary assets, primarily inventories, at their net realizable value, which was recorded in the first quarter of 2015. In addition, at February 12, 2015, we reviewed Avon Venezuela's long-lived assets to determine whether the carrying amount of the assets was recoverable. Based on our expected cash flows associated with the asset group, we determined that the carrying amount of the assets, carried at their historical U.S. dollar cost basis, was not recoverable. As such, an impairment charge of approximately $ 90 to selling, general and administrative expenses was needed to reflect the write-down of the long-lived assets to their estimated fair value of $ 15.7 , which was recorded in the first quarter of 2015. The fair value of Avon Venezuela's long-lived assets was determined using both market and cost valuation approaches. The valuation analysis performed required several estimates, including market conditions and inflation rates. In February 2014, the Venezuelan government announced a foreign exchange system which began operating on March 24, 2014, referred to as the SICAD II exchange ("SICAD II"). As SICAD II represented the rate which better reflected the economics of Avon Venezuela's business activity, in comparison to the other available exchange rates, we concluded that we should utilize the SICAD II exchange rate to remeasure our Venezuelan operations effective March 31, 2014. As a result of the change to the SICAD II rate, which caused the recognition of a devaluation of approximately 88% as compared to the official exchange rate we used previously, we recorded an after-tax loss of approximately $42 (approximately $54 in other expense, net, and a benefit of approximately $12 in income taxes) in the first quarter of 2014, primarily reflecting the write-down of monetary assets and liabilities. In addition, as a result of using the historical U.S. dollar cost basis of non-monetary assets, such as inventories, these assets continued to be remeasured, following the change to the SIMADI rate, at the applicable rate at the time of their acquisition. The remeasurement of non-monetary assets at the historical U.S. dollar cost basis causes a disproportionate expense as these assets are consumed in operations, negatively impacting operating profit and net income by approximately $2 and $20 during the three and nine months ended September 30, 2014, respectively. Also as a result, we determined that an adjustment of approximately $116 to cost of sales was needed to reflect certain non-monetary assets, primarily inventories, at their net realizable value, which was recorded in the first quarter of 2014. Standards to be Implemented In May 2014, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") 2014-09, Revenue from Contracts with Customers , issued as a new Topic, Accounting Standards Codification Topic 606. The core principle of the guidance is that a Company should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. In August 2015, the FASB issued ASU 2015-14, Deferral of the Effective Date, which resulted in the standard being effective beginning in 2018, with early adoption permitted in the beginning of 2017. This standard can be adopted either retrospectively or as a cumulative-effect adjustment as of the date of adoption. We are currently evaluating the effect that adopting this new accounting guidance will have on our consolidated financial statements.

Earnings per Share and Share Re

Earnings per Share and Share Repurchases	9 Months Ended
	Sep. 30, 2015
Earnings Per Share Reconciliation [Abstract]
Earnings per Share and Share Repurchases	EARNINGS (LOSS) PER SHARE AND SHARE REPURCHASES We compute earnings (loss) per share ("EPS") using the two-class method, which is an earnings (loss) allocation formula that determines earnings (loss) per share for common stock and participating securities. Our participating securities are our grants of restricted stock and restricted stock units, which contain non-forfeitable rights to dividend equivalents. We compute basic EPS by dividing net income (loss) allocated to common shareholders by the weighted-average number of shares outstanding during the period. Diluted EPS is calculated to give effect to all potentially dilutive common shares that were outstanding during the period. Three Months Ended Nine Months Ended September 30 September 30 (Shares in millions) 2015 2014 2015 2014 Numerator: Net (loss) income attributable to Avon $ (697.0 ) $ 91.4 $ (815.5 ) $ (57.9 ) Less: Loss (income) allocated to participating securities 11.1 (.8 ) 12.8 1.6 (Loss) income allocated to common shareholders (685.9 ) 90.6 (802.7 ) (56.3 ) Denominator: Basic EPS weighted-average shares outstanding 435.4 434.6 435.1 434.4 Diluted effect of assumed conversion of stock options — — — — Diluted EPS adjusted weighted-average shares outstanding 435.4 434.6 435.1 434.4 (Loss) Earnings per Common Share: Basic $ (1.58 ) $ .21 $ (1.84 ) $ (.13 ) Diluted (1.58 ) .21 (1.84 ) (.13 ) Amounts in the table above may not necessarily sum due to rounding. During the three and nine months ended September 30, 2015 , we did not include stock options to purchase 11.9 million shares and 13.2 million shares, respectively, of Avon common stock in the calculation of diluted EPS as we had a net loss attributable to Avon. During the three months ended September 30, 2014 , we did not include stock options to purchase 17.2 million shares of Avon common stock in the calculation of diluted EPS because the exercise prices of those options were greater than the average market price. During the nine months ended September 30, 2014 , we did not include stock options to purchase 18.4 million shares of Avon common stock in the calculation of diluted EPS as we had a net loss attributable to Avon. For the three and nine months ended September 30, 2015 and the nine months ended September 30, 2014, when we had a net loss attributable to Avon, the inclusion of these shares would decrease the net loss per share, and therefore, their inclusion would be anti-dilutive. We purchased approximately .4 million shares of Avon common stock for $3.0 during the first nine months of 2015, as compared to approximately .6 million shares of Avon common stock for $9.4 during the first nine months of 2014, through acquisition of stock from employees in connection with tax payments upon vesting of restricted stock units, and in 2014, also through private transactions with a broker in connection with stock based obligations under our Deferred Compensation Plan.

Divestitures Divestitures

Divestitures Divestitures	9 Months Ended
	Sep. 30, 2015
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Mergers, Acquisitions and Dispositions Disclosures	DIVESTITURES On July 9, 2015, the Company sold Liz Earle Beauty Co. Limited (“Liz Earle”) for approximately $215 , less expenses of approximately $5 . Liz Earle was previously reported within our Europe, Middle East & Africa segment. In 2015, we recorded a gain on sale of $44.9 before tax, which was reported separately in the Consolidated Statements of Operations, and $51.6 after tax, representing the difference between the proceeds, including the expected working capital settlement, and the carrying value of the Liz Earle business on the date of sale. Proceeds from the sale of Liz Earle were used to fund a portion of the Company’s redemption of the $250 principal amount of its 2.375% Notes due March 15, 2016, which occurred on August 10, 2015. See Note 15, Debt for additional information.

Inventories

Inventories	9 Months Ended
	Sep. 30, 2015
Inventory, Net [Abstract]
Inventories	INVENTORIES Components of Inventories September 30, 2015 December 31, 2014 Raw materials $ 233.8 $ 248.8 Finished goods 613.4 573.4 Total $ 847.2 $ 822.2

Employee Benefit Plans

Employee Benefit Plans	9 Months Ended
	Sep. 30, 2015
General Discussion of Pension and Other Postretirement Benefits [Abstract]
Employee Benefit Plans	EMPLOYEE BENEFIT PLANS Three Months Ended September 30, Pension Benefits Net Periodic Benefit Costs U.S. Plans Non-U.S. Plans Postretirement Benefits 2015 2014 2015 2014 2015 2014 Service cost $ 3.3 $ 3.9 $ 1.8 $ 2.0 $ .3 $ .2 Interest cost 6.2 6.4 7.0 9.1 1.0 1.1 Expected return on plan assets (8.3 ) (9.0 ) (10.6 ) (11.0 ) — — Amortization of prior service credit (.2 ) (.1 ) — — (1.0 ) (1.1 ) Amortization of net actuarial losses 11.6 11.1 3.0 2.6 .5 — Settlements/curtailments 23.8 5.4 1.9 1.0 — (2.1 ) Net periodic benefit costs $ 36.4 $ 17.7 $ 3.1 $ 3.7 $ .8 $ (1.9 ) Nine Months Ended September 30, Pension Benefits Net Periodic Benefit Costs U.S. Plans Non-U.S. Plans Postretirement Benefits 2015 2014 2015 2014 2015 2014 Service cost $ 9.8 $ 10.4 $ 5.9 $ 6.5 $ .9 $ .8 Interest cost 18.7 21.4 21.2 27.7 3.2 3.7 Expected return on plan assets (24.9 ) (26.9 ) (32.2 ) (33.0 ) — — Amortization of prior service credit (.6 ) (.3 ) — — (3.1 ) (3.3 ) Amortization of net actuarial losses 34.7 35.6 8.4 7.2 1.5 1.0 Settlements/curtailments 23.8 30.4 1.9 1.0 — (2.1 ) Net periodic benefit costs $ 61.5 $ 70.6 $ 5.2 $ 9.4 $ 2.5 $ .1 As of September 30, 2015 , we made approximately $10 and $28 of contributions to the U.S. and non-U.S. defined benefit pension and postretirement benefit plans, respectively. During the remainder of 2015, we anticipate contributing approximately $5 to $10 and $0 to $5 to fund our U.S. and non-U.S. defined benefit pension and postretirement benefit plans, respectively. As a result of the lump-sum payments made to former employees that were vested and participated in the U.S. defined benefit pension plan, in the third quarter of 2015, we recorded a settlement charge of $23.8 . These lump sum payments were made from our plan assets and are not the result of a specific offer to participants of our U.S. defined benefit pension plan as described below. This settlement charge was allocated between Global Expenses and the operating results of North America. In an effort to reduce our pension benefit obligations, in March 2014, we offered former employees who were vested and participated in the U.S. defined benefit pension plan a payment that would fully settle our pension plan obligation to those participants who elected to receive such payment. The election period ended during the second quarter of 2014 and the payments were made in June 2014 from our plan assets. As a result of the lump-sum payments made, in the second quarter of 2014, we recorded a settlement charge of $23.5 . Because the settlement threshold was exceeded in the second quarter of 2014, a settlement charge of $5.4 was also recorded in the third quarter of 2014 as a result of additional payments from our U.S. pension plan. These settlement charges were allocated between Global Expenses and the operating results of North America.

Income Taxes Income Taxes

Income Taxes Income Taxes	9 Months Ended
	Sep. 30, 2015
Income Taxes [Abstract]
Income Tax Disclosure	INCOME TAXES During the first and second quarters of 2015, the Company recorded a $31.3 charge and a $3.2 benefit, respectively, associated with valuation allowances, to adjust our U.S. deferred tax assets to an amount that was “more likely than not” to be realized. These adjustments were primarily caused by fluctuations of the U.S. dollar against currencies of some of our key markets. During the third quarter of 2015, we recorded an additional valuation allowance for the remaining U.S. deferred tax assets of $649.5 . The increase in the valuation allowance resulted from reduced tax benefits expected to be obtained from tax planning strategies associated with an anticipated accelerated receipt in the U.S. of foreign source income. As the U.S. dollar had further strengthened against currencies of some of our key markets during the third quarter of 2015, the benefits associated with the Company’s tax planning strategies were no longer sufficient for the Company to continue to conclude that its tax planning strategies were prudent. In the absence of any alternative prudent tax planning strategies and other sources of future taxable income, it was determined that a full valuation allowance should be recorded. Although the Company continues to expect that it will generate taxable income and tax liability in the U.S., the Company is expected to offset its current and future tax liability with foreign tax credits, and as a result, the expected level of future taxable income and tax liability is not adequate to realize the benefit of previously recorded deferred tax assets. Although the Company may not be able to recognize a financial statement benefit associated with its deferred tax assets, the Company will continue to manage and plan for the utilization of its deferred tax assets to avoid the expiration of deferred tax assets that may have limited lives.

Contingencies

Contingencies	9 Months Ended
	Sep. 30, 2015
Loss Contingency [Abstract]
Contingencies	CONTINGENCIES Settlements of FCPA Investigations As previously reported, we engaged outside counsel to conduct an internal investigation and compliance reviews focused on compliance with the Foreign Corrupt Practices Act ("FCPA") and related U.S. and foreign laws in China and additional countries. The internal investigation, which was conducted under the oversight of our Audit Committee, began in June 2008. The internal investigation and compliance reviews focused on reviewing certain expenses and books and records processes, including, but not limited to, travel, entertainment, gifts, use of third-party vendors and consultants and related due diligence, joint ventures and acquisitions, and payments to third-party agents and others, in connection with our business dealings, directly or indirectly, with foreign governments and their employees. The internal investigation and compliance reviews of these matters are complete. In connection with the internal investigation and compliance reviews, certain personnel actions, including termination of employment of certain senior members of management, were taken. In connection with the internal investigation and compliance reviews, we have enhanced our ethics and compliance program, including our policies and procedures, FCPA compliance-related training, FCPA third-party due diligence program and other compliance-related resources. As previously reported, in October 2008, we voluntarily contacted the U.S. Securities and Exchange Commission (the "SEC") and the U.S. Department of Justice (the "DOJ") to advise both agencies of our internal investigation. We cooperated with investigations of these matters by the SEC and the DOJ. As previously reported, in December 2014, the United States District Court for the Southern District of New York (the "USDC") approved a deferred prosecution agreement (the "DPA") entered into between the Company and the DOJ related to charges of violations of the books and records and internal controls provisions of the FCPA. In addition, Avon Products (China) Co. Ltd., a subsidiary of the Company operating in China, pleaded guilty to conspiring to violate the books and records provision of the FCPA and was sentenced by the USDC to pay a $ 68 fine. The SEC also filed a complaint against the Company charging violations of the books and records and internal controls provisions of the FCPA and a consent to settlement (the "Consent") which was approved in a judgment entered by the USDC in January 2015, and included $ 67 in disgorgement and prejudgment interest. The DPA, the above-mentioned guilty plea and the Consent resolved the SEC’s and the DOJ’s investigations of the Company’s compliance with the FCPA and related U.S. laws in China and additional countries. The fine was paid in December 2014 and the payment to the SEC was made in January 2015, both of which had been previously accrued for before December 31, 2014. Under the DPA, the DOJ will defer criminal prosecution of the Company for a term of three years. If the Company remains in compliance with the DPA during its term, the charges against the Company will be dismissed with prejudice. Under the DPA, the Company also represented that it has implemented and agreed that it will continue to implement a compliance and ethics program designed to prevent and detect violations of the FCPA and other applicable anti-corruption laws throughout its operations. Under the DPA and the Consent, among other things, the Company agreed to have a compliance monitor (the "monitor"). During July 2015, the Company engaged a monitor, who had been approved by the DOJ and SEC. With the approval of the DOJ and the SEC, the monitor can be replaced by the Company after 18 months, if the Company agrees to undertake self-reporting obligations for the remainder of the monitoring period. The monitoring period is scheduled to expire in July 2018. There can be no assurance as to whether or when the DOJ and the SEC will approve replacing the monitorship with the Company’s self-reporting. If the DOJ determines that the Company has knowingly violated the DPA, the DOJ may commence prosecution or extend the term of the DPA, including the monitoring provisions described above, for up to one year. The monitor is assessing and monitoring the Company's compliance with the terms of the DPA and Consent by evaluating, among other things, the Company's internal accounting controls, recordkeeping and financial reporting policies and procedures. The monitor may recommend changes to our policies and procedures that we must adopt unless they are unduly burdensome or otherwise inadvisable, in which case we may propose alternatives, which the DOJ and the SEC may or may not accept. In addition, operating under the oversight of the monitor may result in additional time and attention on these matters by members of our management, which may divert their time from the operation of our business. Assuming the monitorship is replaced by a self-reporting period, the Company’s self-reporting obligations may continue to be costly or time-consuming. We currently cannot estimate the costs that we are likely to incur in connection with compliance with the DPA and the Consent, including the monitorship, the costs, if applicable, of self-reporting, and the costs of implementing the changes, if any, to our policies and procedures required by the monitor. However, the costs of the monitoring process could be significant. Litigation Matters In July and August 2010, derivative actions were filed in state court against certain present or former officers and/or directors of the Company ( Carol J. Parker, derivatively on behalf of Avon Products, Inc. v. W. Don Cornwell, et al. and Avon Products, Inc. as nominal defendant (filed in the New York Supreme Court, Nassau County, Index No. 600570/2010); Lynne Schwartz, derivatively on behalf of Avon Products, Inc. v. Andrea Jung, et al. and Avon Products, Inc. as nominal defendant (filed in the New York Supreme Court, New York County, Index No. 651304/2010)). On November 22, 2013, a derivative action was filed in federal court against certain present or former officers and/or directors of the Company and following the federal court's dismissal, was subsequently re-filed in New York state court on May 1, 2015 ( Sylvia Pritika, derivatively on behalf of Avon Products, Inc. v. Andrea Jung, et al. and Avon Products, Inc. as nominal defendant (filed in the New York Supreme Court, New York County, Index No. 651479/2015)). The claims asserted in one or more of these actions include alleged breach of fiduciary duty, abuse of control, waste of corporate assets, and unjust enrichment, relating to the Company's compliance with the FCPA, including the adequacy of the Company's internal controls. The relief sought against the individual defendants in one or more of these derivative actions include certain declaratory and equitable relief, restitution, damages, exemplary damages and interest. The Company is a nominal defendant, and no relief is sought against the Company itself. On April 28, 2015, an action was filed to seek enforcement of demands for the inspection of certain of the Company’s books and records ( Belle Cohen v. Avon Products, Inc. (filed in the New York Supreme Court, New York County, Index No. 651418/2015)). We believe the parties had reached agreements in principle for the settlement of the pending derivative and books and records actions, but those agreements are subject to entry into stipulations of settlement (which have yet to be executed) and to obtaining certain approvals. The contemplated terms of settlement include agreement upon certain corporate governance measures. The Company has accrued approximately $4 with respect to these matters, which the Company expects will be paid by insurance. If a stipulation of settlement of the derivative actions is entered into, the proposed settlement will be submitted to the court for approval. There can be no assurance that the proposed settlement will be finalized. In the event that the proposed settlement is not finalized, is not approved by the court, or is otherwise terminated before it becomes final, we are unable to predict the outcome of these matters. On July 6, 2011, a purported shareholder's class action complaint ( City of Brockton Retirement System v. Avon Products, Inc., et al. , No. 11-CIV-4665) was filed in the United States District Court for the Southern District of New York against the Company and certain present or former officers and/or directors of the Company. On September 29, 2011, the Court appointed LBBW Asset Management Investmentgesellschaft mbH and SGSS Deutschland Kapitalanlagegesellschaft mbH as lead plaintiffs and Motley Rice LLC as lead counsel. Lead plaintiffs filed an amended complaint, and the defendants moved to dismiss the amended complaint on June 14, 2012. On September 29, 2014, the Court granted the defendants' motion to dismiss and also granted the plaintiffs leave to amend their complaint. On October 24, 2014, plaintiffs filed their second amended complaint on behalf of a purported class consisting of all persons or entities who purchased or otherwise acquired shares of Avon's common stock from July 31, 2006 through and including October 26, 2011. The second amended complaint names as defendants the Company and two individuals and asserts violations of Sections 10(b) and 20(a) of the Exchange Act based on allegedly false or misleading statements and omissions with respect to, among other things, the Company's compliance with the FCPA, including the adequacy of the Company's internal controls. Plaintiffs seek compensatory damages and declaratory, injunctive, and other equitable relief. Defendants moved to dismiss the Second Amended Complaint on November 21, 2014. The parties have reached an agreement on a settlement of this class action. The terms of settlement include releases by members of the class of claims against the Company and the individual defendants and payment of $62 . Under the terms of the settlement, approximately $60 of the settlement was paid by the Company's insurers and approximately $2 was paid by the Company (which represents the remaining deductible under the Company’s applicable insurance policies) into escrow. On August 21, 2015, the court granted preliminary approval of the settlement and scheduled a hearing on December 1, 2015 to consider final approval. In the event the settlement is not approved by the court, or is otherwise terminated before it is finalized, the Company will be unable to predict the outcome of this matter. Furthermore, in that event, it is reasonably possible that the Company may incur a loss in connection with this matter, which the Company is unable to reasonably estimate. Between December 23, 2014 and March 12, 2015, two purported class actions were filed in the United States District Court for the Southern District of New York -- Poovathur v. Avon Products, Inc., et al. ( No. 14-CV-10083) and McCoy et al. v. Avon Products, Inc., et al. ( No. 15-CV-01828) asserting claims under the Employee Retirement Income Security Act ("ERISA") against the Company, the Plan's administrator, benefits board and investment committee, and certain individuals alleged to have served as Plan fiduciaries. On April 8, 2015, the Court consolidated the two actions and recaptioned the consolidated case as In re 2014 Avon Products, Inc. ERISA Litigation, ( No. 14-CV-10083). On May 8, 2015, plaintiffs filed a consolidated complaint, asserting claims for alleged breach of fiduciary duty and failure to monitor under ERISA on behalf of a purported class of participants in and beneficiaries of the Plan who invested in and/or held shares of the Avon Common Stock Fund between July 31, 2006 and May 1, 2014 and between December 14, 2011 and the present. Plaintiffs seek, inter alia , certain monetary relief, damages, and declaratory, injunctive and other equitable relief. On July 9, 2015, Defendants moved to dismiss the consolidated complaint and on August 24, 2015, the Court stayed all pending motions and discovery and directed the parties to pursue non-binding mediation. Avon has provided notice of this matter to the Company’s insurers. We are unable to predict the outcome of this matter. However, it is reasonably possible that we may incur a loss in connection with this matter. We are unable to reasonably estimate the amount or range of such reasonably possible loss. Under some circumstances, any losses incurred in connection with adverse outcomes in the litigation matters described above could be material. Brazilian Tax Matters In 2002, our Brazilian subsidiary received an excise tax (IPI) assessment from the Brazilian tax authorities for alleged tax deficiencies during the years 1997-1998. In December 2012, additional assessments were received for the year 2008 with respect to excise tax (IPI) and taxes charged on gross receipts (PIS and COFINS). In the second quarter of 2014, the PIS and COFINS assessments were officially closed in favor of Avon Brazil. The 2002 and the 2012 IPI assessments assert that the establishment in 1995 of separate manufacturing and distribution companies in Brazil was done without a valid business purpose and that Avon Brazil did not observe minimum pricing rules to define the taxable basis of excise tax. The structure adopted in 1995 is comparable to that used by many other companies in Brazil. We believe that our Brazilian corporate structure is appropriate, both operationally and legally, and that the 2002 and 2012 IPI assessments are unfounded. These matters are being vigorously contested. In January 2013, we filed a protest seeking a first administrative level review with respect to the 2012 IPI assessment. In July 2013, the 2012 IPI assessment was upheld at the first administrative level and we have appealed this decision to the second administrative level. The 2012 IPI assessment totals approximately $241 , including penalties and accrued interest. In October 2010, the 2002 IPI assessment was upheld at the first administrative level at an amount reduced to approximately $ 22 from approximately $ 52 , including penalties and accrued interest. We appealed this decision to the second administrative level, which ruled in favor of Avon in March 2015 and canceled the 2002 IPI assessment. The 2002 IPI assessment remains subject to appeal by the government. In the event that the 2002 or 2012 IPI assessments are upheld at the last administrative level, it may be necessary for us to provide security to pursue further appeals, which, depending on the circumstances, may result in a charge to earnings. It is not possible to reasonably estimate the likelihood or potential amount of assessments that may be issued for subsequent periods (tax years up through 2009 are closed by statute). However, other similar IPI assessments involving different periods (1998-2001) have been canceled and officially closed in our favor by the second administrative level. We believe that the likelihood that the 2002 IPI assessment will be upheld on any further appeal is remote and the likelihood that the 2012 IPI assessment will be upheld is reasonably possible. As stated above, we believe that the 2002 and 2012 IPI assessments are unfounded. Other Matters Various other lawsuits and claims, arising in the ordinary course of business or related to businesses previously sold, are pending or threatened against Avon. In management's opinion, based on its review of the information available at this time, the total cost of resolving such other contingencies at September 30, 2015, is not expected to have a material adverse effect on our consolidated financial position, results of operations or cash flows.

Accumulated Other Comprehensive

Accumulated Other Comprehensive Income (Loss) Accumulated Other Comprehensive Income (Loss)	9 Months Ended
	Sep. 30, 2015
Accumulated Other Comprehensive Income [Abstract]
Accumulated Other Comprehensive Income (Loss)	ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) The tables below present the changes in accumulated other comprehensive loss ("AOCI") by component and the reclassifications out of AOCI for the three months ended September 30, 2015 and 2014: Three Months Ended September 30, 2015: Foreign Currency Translation Adjustments Cash Flow Hedges Net Investment Hedges Pension and Postretirement Benefits Total Balance at June 30, 2015 $ (781.7 ) $ (2.3 ) $ (4.3 ) $ (510.1 ) $ (1,298.4 ) Other comprehensive loss other than reclassifications (149.5 ) — — (9.4 ) (158.9 ) Reclassifications into earnings: Derivative losses on cash flow hedges, net of tax of $0.0 (1) — .5 — — .5 Amortization of net actuarial loss and prior service cost, net of tax of $.3 (2) — — — 39.4 39.4 Total reclassifications into earnings — .5 — 39.4 39.9 Balance at September 30, 2015 $ (931.2 ) $ (1.8 ) $ (4.3 ) $ (480.1 ) $ (1,417.4 ) Three Months Ended September 30, 2014: Foreign Currency Translation Adjustments Cash Flow Hedges Net Investment Hedges Pension and Postretirement Benefits Total Balance at June 30, 2014 $ (406.0 ) $ (4.5 ) $ (4.3 ) $ (431.5 ) $ (846.3 ) Other comprehensive (loss) income other than reclassifications (124.4 ) — — 11.2 (113.2 ) Reclassifications into earnings: Derivative losses on cash flow hedges, net of tax of $.1 (1) — .3 — — .3 Amortization of net actuarial loss and prior service cost, net of tax of $5.4 (2) — — — 11.2 11.2 Total reclassifications into earnings — .3 — 11.2 11.5 Balance at September 30, 2014 $ (530.4 ) $ (4.2 ) $ (4.3 ) $ (409.1 ) $ (948.0 ) The tables below present the changes in accumulated other comprehensive loss ("AOCI") by component and the reclassifications out of AOCI for the nine months ended September 30, 2015 and 2014: Nine Months Ended September 30, 2015: Foreign Currency Translation Adjustments Cash Flow Hedges Net Investment Hedges Pension and Postretirement Benefits Total Balance at December 31, 2014 $ (677.0 ) $ (3.2 ) $ (4.3 ) $ (533.1 ) $ (1,217.6 ) Other comprehensive loss other than reclassifications (254.2 ) — — (13.0 ) (267.2 ) Reclassifications into earnings: Derivative losses on cash flow hedges, net of tax of $0.0 (1) — 1.4 — — 1.4 Amortization of net actuarial loss and prior service cost, net of tax of $.9 (2) — — — 66.0 66.0 Total reclassifications into earnings — 1.4 — 66.0 67.4 Balance at September 30, 2015 $ (931.2 ) $ (1.8 ) $ (4.3 ) $ (480.1 ) $ (1,417.4 ) Nine Months Ended September 30, 2014: Foreign Currency Translation Adjustments Cash Flow Hedges Net Investment Hedges Pension and Postretirement Benefits Total Balance at December 31, 2013 $ (429.3 ) $ (5.1 ) $ (4.3 ) $ (431.7 ) $ (870.4 ) Other comprehensive loss other than reclassifications (101.1 ) — — (21.5 ) (122.6 ) Reclassifications into earnings: Derivative losses on cash flow hedges, net of tax of $.5 (1) — .9 — — .9 Amortization of net actuarial loss and prior service cost, net of tax of $23.4 (2) — — — 44.1 44.1 Total reclassifications into earnings — .9 — 44.1 45.0 Balance at September 30, 2014 $ (530.4 ) $ (4.2 ) $ (4.3 ) $ (409.1 ) $ (948.0 ) (1) Gross amount reclassified to interest expense, and related taxes reclassified to income taxes. (2) Gross amount reclassified to pension and postretirement expense, within selling, general & administrative expenses, and related taxes reclassified to income taxes. Foreign exchange net losses of $ 7.3 and $ 10.1 for the three months ended September 30, 2015 and 2014, respectively, and foreign exchange net losses of $ 15.6 and of $ 10.0 for the nine months ended September 30, 2015 and 2014, respectively, resulting from the translation of actuarial losses and prior service cost recorded in AOCI are included in changes in foreign currency translation adjustments in the Consolidated Statements of Comprehensive Income (Loss).

Segment Information

Segment Information	9 Months Ended
	Sep. 30, 2015
Segment Reporting, Measurement Disclosures [Abstract]
Segment Information	SEGMENT INFORMATION Summarized financial information concerning our reportable segments was as follows: Three Months Ended September 30, 2015 2014 Revenue Operating Profit (Loss) Revenue Operating Profit (Loss) Latin America $ 790.9 $ 34.7 $ 1,067.2 $ 142.3 Europe, Middle East & Africa 499.2 48.1 620.0 55.5 North America 230.6 (27.5 ) 276.7 (18.3 ) Asia Pacific 146.2 9.4 174.3 9.0 Total from operations $ 1,666.9 $ 64.7 $ 2,138.2 $ 188.5 Global and other — (41.7 ) — (.6 ) Total $ 1,666.9 $ 23.0 $ 2,138.2 $ 187.9 Nine Months Ended September 30, 2015 2014 Revenue Operating Profit (Loss) Revenue Operating Profit (Loss) Latin America $ 2,481.2 $ 55.6 $ 3,187.7 $ 196.9 Europe, Middle East & Africa 1,602.8 139.6 1,932.9 199.7 North America 731.3 (46.9 ) 876.5 (54.1 ) Asia Pacific 469.2 26.8 513.3 15.6 Total from operations $ 5,284.5 $ 175.1 $ 6,510.4 $ 358.1 Global and other — (97.9 ) — (127.9 ) Total $ 5,284.5 $ 77.2 $ 6,510.4 $ 230.2

Supplemental Balance Sheet Info

Supplemental Balance Sheet Information	9 Months Ended
	Sep. 30, 2015
Balance Sheet Related Disclosures [Abstract]
Supplemental Balance Sheet Information	SUPPLEMENTAL BALANCE SHEET INFORMATION At September 30, 2015 and December 31, 2014 , prepaid expenses and other included the following: Components of Prepaid Expenses and Other September 30, 2015 December 31, 2014 Deferred tax assets (Note 6) $ 122.1 $ 204.7 Prepaid taxes and tax refunds receivable 102.0 165.7 Prepaid brochure costs, paper, and other literature 72.3 77.6 Receivables other than trade 67.5 72.5 Short-term investments 36.8 21.0 Other 80.0 76.8 Prepaid expenses and other $ 480.7 $ 618.3 At September 30, 2015 and December 31, 2014 , other assets included the following: Components of Other Assets September 30, 2015 December 31, 2014 Long-term receivables $ 125.4 $ 149.5 Capitalized software 87.3 101.3 Deferred tax assets (Note 6) 50.0 685.8 Investments 35.9 36.4 Tooling (plates and molds associated with our beauty products) 15.3 21.7 Other intangible assets, net (Note 12) — 29.0 Other 27.0 28.3 Other assets $ 340.9 $ 1,052.0

Restructuring Initiatives

Restructuring Initiatives	9 Months Ended
	Sep. 30, 2015
Restructuring and Related Activities [Abstract]
Restructuring and Related Activities Disclosure [Text Block]	RESTRUCTURING INITIATIVES Additional Restructuring Charges 2015 As a result of the current economic environment, including the impact of foreign currency movements and inflation on our expenses, and in an effort to continue to improve our cost structure, we identified certain actions during 2015 that we believe will reduce ongoing costs. To date, these actions have primarily consisted of global headcount reductions. As a result of these restructuring actions, we have recorded total costs to implement these restructuring initiatives of $31.7 before taxes, during the first nine months of 2015 in selling, general and administrative expenses, in the Consolidated Statements of Operations. There are no material remaining costs for restructuring actions approved-to-date. In connection with these restructuring actions, we expect to realize annualized savings of approximately $35 before taxes. We began to realize savings in the second quarter of 2015 and have achieved the annualized savings beginning in the third quarter of 2015. The annualized savings represent the net reduction of expenses that will no longer be incurred by Avon. A benefit of $.5 and costs to implement of $31.7 were recorded during the three and nine months ended September 30, 2015 , respectively, consisted of the following: • benefit of $1.9 and charge of $24.9 , respectively, for employee-related costs due to severance benefits; and • implementation costs of $1.4 and $6.8 , respectively, primarily for professional service fees associated with Corporate and Asia Pacific. The majority of cash payments, if applicable, associated with these charges are expected to be made during 2015. The liability balance, which primarily consists of employee-related costs, for these various restructuring initiatives as of September 30, 2015 is as follows: Total 2015 charges $ 27.3 Adjustments (2.4 ) Cash payments (16.8 ) Foreign exchange (.2 ) Balance at September 30, 2015 $ 7.9 The charges approved to date under these various restructuring initiatives by reportable business segment were as follows: Latin America Europe, Middle East & Africa North America Asia Pacific Corporate Total First Quarter 2015 $ 3.3 $ 5.3 $ 1.6 $ 7.0 $ 9.4 $ 26.6 Second Quarter 2015 (.2 ) — .5 (.3 ) .2 .2 Third Quarter 2015 (.1 ) (.9 ) .1 (.6 ) (.4 ) (1.9 ) Charges incurred to date $ 3.0 $ 4.4 $ 2.2 $ 6.1 $ 9.2 $ 24.9 In addition to the charges included in the tables above, we have incurred and other costs to implement restructuring initiatives such as professional services fees. $400M Cost Savings Initiative In 2012, we announced a cost savings initiative (the "$400M Cost Savings Initiative") in an effort to stabilize the business and return Avon to sustainable growth, which was expected to be achieved through restructuring actions as well as other cost-savings strategies that would not result in restructuring charges. The $400M Cost Savings Initiative was designed to reduce our operating expenses as a percentage of total revenue to help us achieve a targeted low double-digit operating margin. The restructuring actions under the $400M Cost Savings Initiative primarily consisted of global headcount reductions and related actions, as well as the closure of certain smaller, under-performing markets, including South Korea, Vietnam, Republic of Ireland, Bolivia and France. Other costs to implement these restructuring initiatives consist primarily of professional service fees and accelerated depreciation, and also include professional service fees associated with our North America business. A portion of the professional service fees associated with the North America business are contingent upon the achievement of operating profit targets through December 31, 2015. These fees were recognized over the period that the services were provided and are based upon our estimate of the total amount expected to be paid, which may change based on our actual results. As a result of the restructuring actions associated with the $400M Cost Savings Initiative, we have recorded total costs to implement these restructuring initiatives of $243.1 before taxes, of which $12.7 before taxes was recorded in the first nine months of 2015. For these restructuring actions, we expect our total costs to implement restructuring to be approximately $245 before taxes. The additional charges not yet incurred associated with the restructuring actions approved to-date are not expected to be significant. In connection with the restructuring actions associated with the $400M Cost Savings Initiative, we expect to realize annualized savings of approximately $270 to $280 before taxes which excludes the benefits from other cost-savings strategies that were not the result of restructuring charges (including reductions in legal and brochure costs). Substantially all of these annualized savings will be achieved in 2015. For market closures, the annualized savings represent the foregone selling, general and administrative expenses as a result of no longer operating in the respective markets. For actions that did not result in the closure of a market, the annualized savings represent the net reduction of expenses that will no longer be incurred by Avon. The annualized savings do not incorporate the impact of the decline in revenue associated with these actions (including market closures), which is not material. Restructuring Charges – Three and Nine Months Ended September 30, 2015 During the three and nine months ended September 30, 2015 , we recorded costs to implement of $.2 and $12.7 , respectively, related to the $400M Cost Savings Initiative in selling, general and administrative expenses, in the Consolidated Statements of Operations. The costs consisted of the following: • implementation net benefit of $.3 during the three months ended September 30, 2015, largely related to professional service fees associated with our North America business in which we updated our estimates and reduced such accruals, and costs of $3.9 during the nine months ended September 30, 2015, primarily related to professional service fees associated with our North America business; • employee-related net charges of $.1 and $.5 , respectively, primarily associated with postretirement benefits and severance benefits; • accelerated depreciation of $.3 and $2.6 , respectively, associated with the closure and rationalization of certain facilities; and • contract termination and other net charges of $ .1 and $5.7 , respectively, primarily related to the costs associated with the closure of a North America distribution center. The majority of cash payments, if applicable, associated with these charges are expected to be made during 2015. Restructuring Charges – Three Months and Nine Months Ended September 30, 2014 During the three and nine months ended September 30, 2014 , we recorded costs to implement of $2.4 and $75.5 , respectively, related to the $400M Cost Savings Initiative in selling, general and administrative expenses, in the Consolidated Statements of Operations. The costs consisted of the following: • employee-related net benefit of $3.0 during the three months ended September 30, 2014, primarily associated with postretirement benefits, and net charge of $46.5 during the nine months ended September 30, 2014, primarily associated with severance benefits; • contract termination and other net benefit of $.5 and net charge of $7.0 , respectively, primarily related to costs associated with the closure of the France market and the exit of the Service Model Transformation ("SMT") facility; • accelerated depreciation of $1.9 and $3.8 , respectively, associated with the closure and rationalization of certain facilities and other assets; • charges of $.1 and $3.8 , respectively, primarily related to the accumulated foreign currency translation adjustments associated with the closure of the France market; and • implementation costs of $3.9 and $8.8 , respectively, primarily related to professional service fees associated with our North America business. The liability balance for the $400M Cost Savings Initiative as of September 30, 2015 is as follows: Employee- Related Costs Contract Terminations/Other Total Balance at December 31, 2014 $ 50.1 $ .5 $ 50.6 2015 charges 4.3 5.7 10.0 Adjustments (3.8 ) — (3.8 ) Cash payments (30.3 ) (5.9 ) (36.2 ) Non-cash write-offs (1.9 ) — (1.9 ) Foreign exchange (1.5 ) (.1 ) (1.6 ) Balance at September 30, 2015 $ 16.9 $ .2 $ 17.1 The following table presents the restructuring charges incurred to-date, net of adjustments, under our $400M Cost Savings Initiative, along with the estimated charges expected to be incurred on approved initiatives under the plan: Employee- Related Costs Inventory/Asset Write-offs Foreign Currency Translation Adjustment Write-offs Contract Terminations/Other Total Charges incurred to date $ 168.1 $ .7 .2 $ 18.7 $ 187.7 Estimated charges to be incurred on approved initiatives — 2.2 — .3 2.5 Total expected charges on approved initiatives $ 168.1 $ 2.9 $ .2 $ 19.0 $ 190.2 The charges, net of adjustments, of initiatives under the $400M Cost Savings Initiative by reportable business segment were as follows: Latin America Europe, Middle East & Africa North America Asia Pacific Corporate Total 2012 $ 12.9 $ 1.1 $ 18.0 $ 12.9 $ 3.6 $ 48.5 2013 11.1 15.6 5.3 1.3 17.7 51.0 2014 24.5 19.9 14.0 6.5 17.1 82.0 First Quarter 2015 (.4 ) .1 1.6 .6 (.3 ) 1.6 Second Quarter 2015 — .2 4.9 (.1 ) (.6 ) 4.4 Third Quarter 2015 (.5 ) (1.0 ) 1.9 (.2 ) — .2 Charges incurred to date 47.6 35.9 45.7 21.0 37.5 187.7 Estimated charges to be incurred on approved initiatives (.3 ) — 2.5 .3 — 2.5 Total expected charges on approved initiatives $ 47.3 $ 35.9 $ 48.2 $ 21.3 $ 37.5 $ 190.2 As noted previously, we expect our total costs to implement restructuring to be approximately $245 before taxes under the $400M Cost Savings Initiative. The amounts shown in the tables above as charges recorded to-date relate to initiatives that have been approved and recorded in the financial statements as the costs are probable and estimable. The amounts shown in the tables above as total expected charges on approved initiatives represent charges recorded to-date plus charges yet to be recorded for approved initiatives as the relevant accounting criteria for recording an expense have not yet been met. In addition to the charges included in the tables above, we have incurred and will continue to incur other costs to implement restructuring initiatives such as professional services fees and accelerated depreciation. Other Restructuring Initiatives During the three and nine months ended September 30, 2015 , we recorded net charges of $.5 and $.4 , respectively, in selling, general and administrative expenses, in the Consolidated Statements of Operations, associated with the restructuring programs launched in 2005 and 2009 and the restructuring initiative launched in 2012 (the "Other Restructuring Initiatives"), each of which are substantially complete. During the three and nine months ended September 30, 2014 , we recorded total costs to implement of $.1 and $.9 , respectively, in selling, general and administrative expenses, in the Consolidated Statements of Operations, associated with the Other Restructuring Initiatives. The liability balance associated with the Other Restructuring Initiatives, which primarily consists of contract termination costs, as of September 30, 2015 is not material.

Goodwill and Intangible Assets

Goodwill and Intangible Assets	9 Months Ended
	Sep. 30, 2015
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Intangible Assets	GOODWILL AND INTANGIBLE ASSETS As a result of the sale of Liz Earle in July 2015, we disposed of goodwill and other intangible assets, net of $124.3 and $28.2 , respectively. Other intangible assets, net included indefinite-lived trademarks of $23.6 , licensing agreements of $3.0 and customer relationships of $1.6 . See Note 3, Divestitures for additional information. Goodwill Latin America Europe, Middle East & Africa Asia Pacific Total Gross balance at December 31, 2014 $ 90.7 $ 156.0 $ 85.0 $ 331.7 Accumulated impairments — — (82.4 ) (82.4 ) Net balance at December 31, 2014 $ 90.7 $ 156.0 $ 2.6 $ 249.3 Changes during the period ended September 30, 2015: Divestitures $ — $ (124.3 ) $ — $ (124.3 ) Foreign exchange (21.2 ) (3.9 ) — (25.1 ) Gross balance at September 30, 2015 $ 69.5 $ 27.8 $ 85.0 $ 306.6 Accumulated impairments — — (82.4 ) (82.4 ) Net balance at September 30, 2015 $ 69.5 $ 27.8 $ 2.6 $ 99.9 Other intangible assets September 30, 2015 December 31, 2014 Gross Amount Accumulated Amortization Gross Amount Accumulated Amortization Finite-Lived Intangible Assets Customer relationships $ 21.7 $ (21.7 ) $ 33.0 $ (31.1 ) Licensing agreements 26.4 (26.4 ) 43.4 (39.9 ) Noncompete agreements 6.3 (6.3 ) 7.2 (7.2 ) Indefinite-Lived Trademarks — — 23.6 — Total $ 54.4 $ (54.4 ) $ 107.2 $ (78.2 ) Aggregate amortization expense was not material for the nine months ended September 30 , 2015 and 2014.

Fair Value

Fair Value	9 Months Ended
	Sep. 30, 2015
Fair Value Disclosures [Abstract]
Fair Value	FAIR VALUE Assets and Liabilities Recorded at Fair Value The fair value measurement provisions required by GAAP establish a fair value hierarchy, which prioritizes the inputs used in measuring fair value into three broad levels as follows: • Level 1 - Quoted prices in active markets for identical assets or liabilities. • Level 2 - Inputs, other than the quoted prices in active markets, that are observable either directly or indirectly. • Level 3 - Unobservable inputs based on our own assumptions. Assets and Liabilities Recorded at Fair Value on a Recurring Basis The following table presents the fair value hierarchy for those assets and liabilities measured at fair value on a recurring basis as of September 30, 2015 : Level 1 Level 2 Total Assets: Available-for-sale securities $ 2.8 $ — $ 2.8 Foreign exchange forward contracts — 3.3 3.3 Total $ 2.8 $ 3.3 $ 6.1 Liabilities: Foreign exchange forward contracts $ — $ 3.3 $ 3.3 Total $ — $ 3.3 $ 3.3 The following table presents the fair value hierarchy for those assets and liabilities measured at fair value on a recurring basis as of December 31, 2014 : Level 1 Level 2 Total Assets: Available-for-sale securities $ 2.7 $ — $ 2.7 Foreign exchange forward contracts — .6 .6 Total $ 2.7 .6 $ 3.3 Liabilities: Foreign exchange forward contracts $ — $ 5.0 $ 5.0 Total $ — $ 5.0 $ 5.0 Assets and Liabilities Recorded at Fair Value on a Non-recurring Basis Venezuela Long-Lived Assets - March 31, 2015 The following table presents the fair value hierarchy for those assets and liabilities measured at fair value on a non-recurring basis as of March 31, 2015, and indicates the placement in the fair value hierarchy of the valuation techniques utilized to determine such fair value: Level 1 Level 2 Level 3 Total Assets: Venezuela long-lived assets $ — $ — $ 15.7 $ 15.7 Total $ — $ — $ 15.7 $ 15.7 At February 12, 2015, we reviewed Avon Venezuela's long-lived assets to determine whether the carrying amount of the assets was recoverable. Based on our expected cash flows associated with the asset group, we determined that the carrying amount of the assets, carried at their historical U.S. dollar cost basis, was not recoverable. As such, an impairment charge of approximately $90 to selling, general and administrative expenses in the Latin America segment was needed to reflect the write-down of the long-lived assets to their estimated fair value, which was $15.7 at March 31, 2015. The fair value of Avon Venezuela's long-lived assets was determined using both market and cost valuation approaches. The valuation analysis performed required several estimates, including market conditions and inflation rates. Fair Value of Financial Instruments Our financial instruments include cash and cash equivalents, available-for-sale securities, short-term investments, accounts receivable, loans receivable, debt maturing within one year, accounts payable, long-term debt and foreign exchange forwards contracts. The carrying value for cash and cash equivalents, accounts receivable, accounts payable and short-term investments approximate fair value because of the short-term nature of these instruments. The net asset (liability) amounts recorded in the balance sheet (carrying amount) and the estimated fair values of our remaining financial instruments at September 30, 2015 and December 31, 2014, respectively, consisted of the following: September 30, 2015 December 31, 2014 Carrying Amount Fair Value Carrying Amount Fair Value Available-for-sale securities $ 2.8 $ 2.8 $ 2.7 $ 2.7 Debt maturing within one year (1) (117.2 ) (117.2 ) (137.1 ) (137.1 ) Long-term debt (1) (2,196.3 ) (1,717.8 ) (2,463.9 ) (2,242.5 ) Foreign exchange forward contracts — — (4.4 ) (4.4 ) (1) The carrying value of debt maturing within one year and long-term debt includes any related discount or premium and unamortized deferred gains on terminated interest-rate swap agreements, as applicable. The methods and assumptions used to estimate fair value are as follows: Available-for-sale securities - The fair values of these investments were the quoted market prices for issues listed on securities exchanges. Debt maturing within one year and long-term debt - The fair values of our debt and other financing were determined using Level 2 inputs based on indicative market prices. Foreign exchange forward contracts - The fair values of forward contracts were estimated based on quoted forward foreign exchange prices at the reporting date.

Derivative Instruments and Hedg

Derivative Instruments and Hedging Activities	9 Months Ended
	Sep. 30, 2015
General Discussion of Derivative Instruments and Hedging Activities [Abstract]
Derivative Instruments and Hedging Activities	DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES We operate globally, with manufacturing and distribution facilities in various countries around the world. We may reduce our exposure to fluctuations in the fair value and cash flows associated with changes in interest rates and foreign exchange rates by creating offsetting positions, including through the use of derivative financial instruments. If we use foreign currency-rate sensitive and interest-rate sensitive instruments to hedge a certain portion of our existing and forecasted transactions, we would expect that any gain or loss in value of the hedge instruments generally would be offset by decreases or increases in the value of the underlying forecasted transactions. As of September 30, 2015 , we do not have any interest-rate swap agreements. We do not enter into derivative financial instruments for trading or speculative purposes, nor are we a party to leveraged derivatives. The master agreements governing our derivative contracts generally contain standard provisions that could trigger early termination of the contracts in certain circumstances, including if we were to merge with another entity and the creditworthiness of the surviving entity were to be "materially weaker" than that of Avon prior to the merger. Derivatives are recognized on the Consolidated Balance Sheets at their fair values. The following table presents the fair value of derivative instruments outstanding at September 30, 2015 : Asset Liability Balance Sheet Classification Fair Value Balance Sheet Classification Fair Value Derivatives not designated as hedges: Foreign exchange forward contracts Prepaid expenses and other $ 3.3 Accounts payable $ 3.3 Total derivatives not designated as hedges $ 3.3 $ 3.3 Total derivatives $ 3.3 $ 3.3 The following table presents the fair value of derivative instruments outstanding at December 31, 2014 : Asset Liability Balance Sheet Classification Fair Value Balance Sheet Classification Fair Value Derivatives not designated as hedges: Foreign exchange forward contracts Prepaid expenses and other $ .6 Accounts payable $ 5.0 Total derivatives not designated as hedges $ .6 $ 5.0 Total derivatives $ .6 $ 5.0 Interest Rate Risk A portion of our borrowings is subject to interest rate risk. In the past we have used interest-rate swap agreements, which effectively converted the fixed rate on long-term debt to a floating interest rate, to manage our interest rate exposure. The agreements were designated as fair value hedges. At times, we may de-designate the hedging relationship of a receive-fixed/pay-variable interest-rate swap agreement. In these cases, we enter into receive-variable/pay-fixed interest-rate swap agreements that are designated to offset the gain or loss on the de-designated contract. As of September 30, 2015 , we do not have any interest-rate swap agreements. Approximately 5% of our debt portfolio at both September 30, 2015 and December 31, 2014 was exposed to floating interest rates. In January 2013, we terminated eight of our interest-rate swap agreements previously designated as fair value hedges, with notional amounts totaling $ 1,000 . As of the interest-rate swap agreements’ termination date, the aggregate favorable adjustment to the carrying value (deferred gain) of our debt was $ 90.4 , which is being amortized as a reduction to interest expense over the remaining term of the underlying debt obligations. For the three and nine months ended September 30, 2015 , the net impact of the gain amortization was $3.6 and $10.9 , respectively. For the three and nine months ended September 30, 2014 , the net impact of the gain amortization was $3.5 and $10.7 , respectively. The interest-rate swap agreements were terminated in order to improve our capital structure, including increasing our ratio of fixed-rate debt. At September 30, 2015 , the unamortized deferred gain associated with the January 2013 interest-rate swap termination was $39.1 , and was classified within long-term debt in the Consolidated Balance Sheets. In March 2012, we terminated two of our interest-rate swap agreements previously designated as fair value hedges, with notional amounts totaling $ 350 . As of the interest-rate swap agreements’ termination date, the aggregate favorable adjustment to the carrying value (deferred gain) of our debt was $ 46.1 , which is being amortized as a reduction to interest expense over the remaining term of the underlying debt obligations through March 2019. For the three and nine months ended September 30, 2015 , the net impact of the gain amortization was $1.6 and $4.9 , respectively. For the three and nine months ended September 30, 2014 , the net impact of the gain amortization was $1.6 and $4.7 , respectively. The interest-rate swap agreements were terminated in order to increase our ratio of fixed-rate debt. At September 30, 2015 , the unamortized deferred gain associated with the March 2012 interest-rate swap termination was $24.5 , and was classified within long-term debt in the Consolidated Balance Sheets. Foreign Currency Risk We use foreign exchange forward contracts to manage a portion of our foreign currency exchange rate exposures. At September 30, 2015 , we had outstanding foreign exchange forward contracts with notional amounts totaling approximately $144.4 for various currencies. We use foreign exchange forward contracts to manage foreign currency exposure of certain intercompany loans. These contracts are not designated as hedges. The change in fair value of these contracts is immediately recognized in earnings and substantially offsets the foreign currency impact recognized in earnings relating to the associated intercompany loans. During the three and nine months ended September 30, 2015 , we recorded a gain of $4.2 and a loss of $3.9 , respectively, in other expense, net in the Consolidated Statements of Operations related to these undesignated foreign exchange forward contracts. Also during the three and nine months ended September 30, 2015 , we recorded losses of $7.4 and $.1 , respectively, related to the associated intercompany loans, caused by changes in foreign currency exchange rates. During the three and nine months ended September 30, 2014 , we recorded losses of $5.1 and $5.2 , respectively, in other expense, net in the Consolidated Statements of Operations related to these undesignated foreign exchange forward contracts. During the three and nine months ended September 30, 2014 , we recorded gains of $5.1 and $6.2 , respectively, related to the associated intercompany loans, caused by changes in foreign currency exchange rates.

Debt

Debt	9 Months Ended
	Sep. 30, 2015
Debt Disclosure [Abstract]
Debt	DEBT Revolving Credit Facility In June 2015, the Company and Avon International Operations, Inc., a wholly-owned domestic subsidiary of the Company (“AIO”), entered into a new five-year $400.0 senior secured revolving credit facility (the “2015 revolving credit facility”). The Company terminated its previous $1 billion unsecured revolving credit facility (the “2013 revolving credit facility”) in June 2015 prior to its scheduled expiration in March 2017. There were no amounts drawn under the 2013 revolving credit facility on the date of termination and no early termination penalties were incurred. In the second quarter of 2015, $2.5 was recorded for the write-off of issuance costs related to the 2013 revolving credit facility. Borrowings under the 2015 revolving credit facility bear interest, at our option, at a rate per annum equal to LIBOR plus 250 basis points or a floating base rate plus 150 basis points, in each case subject to adjustment based upon a leverage-based pricing grid. The 2015 revolving credit facility may be used for general corporate purposes. As of September 30, 2015 , there were no amounts outstanding under the 2015 revolving credit facility. All obligations of AIO under the 2015 revolving credit facility are (i) unconditionally guaranteed by each material domestic restricted subsidiary of the Company (other than AIO, the borrower), in each case, subject to certain exceptions and (ii) guaranteed on a limited recourse basis by the Company. The obligations of AIO and the guarantors are secured by first priority liens on and security interest in substantially all of the assets of AIO and the subsidiary guarantors and by certain assets of the Company, in each case, subject to certain exceptions. The 2015 revolving credit facility will terminate in June 2020; provided, however, that it shall terminate on the 91 st day prior to the maturity of the 2018 Notes (as defined below), the 4.20% Notes (as defined below), the 2019 Notes (as defined below) and the 4.60% Notes (as defined below), if on such 91 st day, the applicable notes are not redeemed, repaid, discharged, defeased or otherwise refinanced in full. The 2015 revolving credit facility contains affirmative and negative covenants, which are customary for financings of this type, including, among other things, limits on the ability of the Company, AIO or any restricted subsidiary to, subject to certain exceptions, incur liens, incur debt, make restricted payments, make investments or merge, consolidate or dispose of all or substantially all its assets. In addition, the 2015 revolving credit facility contains customary events of default and cross-default provisions, as well as financial covenants (interest coverage and total leverage ratios). As of September 30, 2015 , we were in compliance with our interest coverage and total leverage ratios under the 2015 revolving credit facility, and based on then applicable interest rates, the entire $400.0 2015 revolving credit facility could have been drawn down without violating any covenant. Public Notes In March 2013, we issued, in a public offering, $250.0 principal amount of 2.375% Notes due March 15, 2016 (the "2.375% Notes"), $500.0 principal amount of 4.60% Notes due March 15, 2020 (the "4.60% Notes"), $500.0 principal amount of 5.00% Notes due March 15, 2023 and $250.0 principal amount of 6.95% Notes due March 15, 2043 (collectively, the "2013 Notes"). The net proceeds from these 2013 Notes were used to repay outstanding debt. Interest on the 2013 Notes is payable semi-annually on March 15 and September 15 of each year. On August 10, 2015, we prepaid our 2.375% Notes at a prepayment price equal to 100% of the principal amount of $250.0, plus accrued interest of $3.1 and a make-whole premium of $5.0 . In connection with the prepayment of our 2.375% Notes, we incurred a loss on extinguishment of debt of $5.5 in the third quarter of 2015 consisting of the $5.0 make-whole premium for the 2.375% Notes and the write-off of $.5 of debt issuance costs and discounts related to the initial issuance of the 2.375% Notes. The indenture governing the 2013 Notes contains interest rate adjustment provisions depending on the long-term credit ratings assigned to the 2013 Notes with S&P and Moody's. As described in the indenture, the interest rates on the 2013 Notes increase by .25% for each one-notch downgrade below investment grade on each of our long-term credit ratings assigned to the 2013 Notes by S&P or Moody's. These adjustments are limited to a total increase of 2% above the respective interest rates in effect on the date of issuance of the 2013 Notes. As a result of the long-term credit rating downgrades by S&P in November 2014 to BB+ (Stable Outlook), in February 2015 to BB (Stable Outlook) and in June 2015 to B+ (Stable Outlook), and by Moody's in October 2014 to Ba1 (Stable Outlook) and in May 2015 to Ba3 (Negative Outlook) for senior unsecured debt, the interest rates on the 2013 Notes have increased by 1.75% , of which .75% was effective as of March 15, 2015 and 1.0% was effective as of September 15, 2015. At September 30, 2015 , we also have outstanding $250.0 principal amount of our 5.75% Notes due March 1, 2018 (the "2018 Notes"), $250.0 principal amount of our 4.20% Notes due July 15, 2018 (the "4.20% Notes") and $350.0 principal amount of our 6.50% Notes due March 1, 2019 (the "2019 Notes"), with interest on each series of these Notes payable semi-annually. The indentures governing our outstanding notes described above contain certain covenants, including limitations on the incurrence of liens and restrictions on the incurrence of sale/leaseback transactions and transactions involving a merger, consolidation or sale of substantially all of our assets. In addition, these indentures contain customary events of default and cross-default provisions. Further, we would be required to make an offer to repurchase all of our outstanding notes described above, with the exception of our 4.20% Notes, at a price equal to 101% of their aggregate principal amount plus accrued and unpaid interest in the event of a change in control involving Avon and a corresponding credit ratings downgrade to below investment grade. Long-Term Credit Ratings Our long-term credit ratings are Ba2 (Negative Outlook) for corporate family debt, and Ba3 (Negative Outlook) for senior unsecured debt, with Moody's; B+ (Stable Outlook) with S&P; and BB- (Negative Outlook) with Fitch, which are below investment grade. We do not believe these long-term credit ratings will have a material impact on our near-term liquidity. However, any rating agency reviews could result in a change in outlook or downgrade, which could further limit our access to new financing, particularly short-term financing, reduce our flexibility with respect to working capital needs, affect the market price of some or all of our outstanding debt securities, and likely result in an increase in financing costs, including interest expense under certain of our debt instruments, and less favorable covenants and financial terms under our financing arrangements.

Accounting Policies (Policy)

Accounting Policies (Policy)	9 Months Ended
	Sep. 30, 2015
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation We prepare our unaudited interim consolidated financial statements in conformity with accounting principles generally accepted in the United States ("GAAP"). We consistently applied the accounting policies described in our 2014 Annual Report on Form 10-K (" 2014 Form 10-K") in preparing these unaudited financial statements. In our opinion, the unaudited interim consolidated financial statements reflect all adjustments of a normal recurring nature that are necessary for a fair statement of the results for the interim periods presented. Results for interim periods are not necessarily indicative of results for a full year. You should read these unaudited interim consolidated financial statements in conjunction with our consolidated financial statements contained in our 2014 Form 10-K. When used in this report, the terms "Avon," "Company," "we" or "us" mean Avon Products, Inc. For interim consolidated financial statement purposes, our tax provision is determined using an estimate of our annual effective tax rate, adjusted for discrete items, if any, that are taken into account in the relevant period. We also provide for accruals under our various employee benefit plans for each quarter based on one quarter of the estimated annual expense.
Reclassifications	We revised our Consolidated Statements of Cash Flows to correct the presentation of certain financing activities, specifically a decrease of $25.3 in repayment of debt, a decrease of $ 9.1 in proceeds from debt, and a decrease of $16.2 in debt, net for the nine months ended September 30, 2014 . Additionally, we revised our Consolidated Statements of Cash Flows to reflect income tax receivables of $7.8 for the nine months ended September 30, 2014 in income and other taxes, while they had been previously reported in prepaid expenses and other, as we believe that this is a better presentation of our income tax receivables. These revisions did not impact the total cash flows from operating activities, our Consolidated Statements of Operations, our Consolidated Statements of Comprehensive Income (Loss) or our Consolidated Balance Sheets. We determined that the effect of these revisions was not material to any of our previously issued financial statements.
Venezuela Currency	Venezuela Currency We account for Venezuela as a highly inflationary economy. In February 2015, the Venezuelan government announced that a new foreign exchange system was created, referred to as the SIMADI exchange ("SIMADI"). SIMADI began operating on February 12, 2015. There are multiple legal mechanisms in Venezuela to exchange currency. As SIMADI represents the rate which better reflects the economics of Avon Venezuela's business activity, in comparison to the other available exchange rates, we concluded that we should utilize the SIMADI exchange rate to remeasure our Venezuelan operations effective February 12, 2015. As a result of the change to the SIMADI rate, which caused the recognition of a devaluation of approximately 70% as compared to the exchange rate we used previously, we recorded an after-tax benefit of approximately $ 3 (a benefit of approximately $ 4 in other expense, net, and a loss of approximately $ 1 in income taxes) in the first quarter of 2015, primarily reflecting the write-down of monetary assets and liabilities. In addition, as a result of using the historical U.S. dollar cost basis of non-monetary assets, such as inventories, these assets continued to be remeasured, following the change to the SIMADI rate, at the applicable rate at the time of their acquisition. The remeasurement of non-monetary assets at the historical U.S. dollar cost basis causes a disproportionate expense as these assets are consumed in operations, negatively impacting operating profit and net income by approximately $6 and $17 during the three and nine months ended September 30, 2015, respectively. Also as a result of the change to the SIMADI rate, we determined that an adjustment of approximately $ 11 to cost of sales was needed to reflect certain non-monetary assets, primarily inventories, at their net realizable value, which was recorded in the first quarter of 2015. In addition, at February 12, 2015, we reviewed Avon Venezuela's long-lived assets to determine whether the carrying amount of the assets was recoverable. Based on our expected cash flows associated with the asset group, we determined that the carrying amount of the assets, carried at their historical U.S. dollar cost basis, was not recoverable. As such, an impairment charge of approximately $ 90 to selling, general and administrative expenses was needed to reflect the write-down of the long-lived assets to their estimated fair value of $ 15.7 , which was recorded in the first quarter of 2015. The fair value of Avon Venezuela's long-lived assets was determined using both market and cost valuation approaches. The valuation analysis performed required several estimates, including market conditions and inflation rates. In February 2014, the Venezuelan government announced a foreign exchange system which began operating on March 24, 2014, referred to as the SICAD II exchange ("SICAD II"). As SICAD II represented the rate which better reflected the economics of Avon Venezuela's business activity, in comparison to the other available exchange rates, we concluded that we should utilize the SICAD II exchange rate to remeasure our Venezuelan operations effective March 31, 2014. As a result of the change to the SICAD II rate, which caused the recognition of a devaluation of approximately 88% as compared to the official exchange rate we used previously, we recorded an after-tax loss of approximately $42 (approximately $54 in other expense, net, and a benefit of approximately $12 in income taxes) in the first quarter of 2014, primarily reflecting the write-down of monetary assets and liabilities. In addition, as a result of using the historical U.S. dollar cost basis of non-monetary assets, such as inventories, these assets continued to be remeasured, following the change to the SIMADI rate, at the applicable rate at the time of their acquisition. The remeasurement of non-monetary assets at the historical U.S. dollar cost basis causes a disproportionate expense as these assets are consumed in operations, negatively impacting operating profit and net income by approximately $2 and $20 during the three and nine months ended September 30, 2014, respectively. Also as a result, we determined that an adjustment of approximately $116 to cost of sales was needed to reflect certain non-monetary assets, primarily inventories, at their net realizable value, which was recorded in the first quarter of 2014.
Standards to be Implemented	Standards to be Implemented In May 2014, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") 2014-09, Revenue from Contracts with Customers , issued as a new Topic, Accounting Standards Codification Topic 606. The core principle of the guidance is that a Company should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. In August 2015, the FASB issued ASU 2015-14, Deferral of the Effective Date, which resulted in the standard being effective beginning in 2018, with early adoption permitted in the beginning of 2017. This standard can be adopted either retrospectively or as a cumulative-effect adjustment as of the date of adoption. We are currently evaluating the effect that adopting this new accounting guidance will have on our consolidated financial statements.

Earnings per Share and Share 23

Earnings per Share and Share Repurchases (Tables)	9 Months Ended
	Sep. 30, 2015
Earnings Per Share Reconciliation [Abstract]
Components of Basic and Diluted Earnings per Share	Three Months Ended Nine Months Ended September 30 September 30 (Shares in millions) 2015 2014 2015 2014 Numerator: Net (loss) income attributable to Avon $ (697.0 ) $ 91.4 $ (815.5 ) $ (57.9 ) Less: Loss (income) allocated to participating securities 11.1 (.8 ) 12.8 1.6 (Loss) income allocated to common shareholders (685.9 ) 90.6 (802.7 ) (56.3 ) Denominator: Basic EPS weighted-average shares outstanding 435.4 434.6 435.1 434.4 Diluted effect of assumed conversion of stock options — — — — Diluted EPS adjusted weighted-average shares outstanding 435.4 434.6 435.1 434.4 (Loss) Earnings per Common Share: Basic $ (1.58 ) $ .21 $ (1.84 ) $ (.13 ) Diluted (1.58 ) .21 (1.84 ) (.13 ) Amounts in the table above may not necessarily sum due to rounding.

Inventories (Tables)

Inventories (Tables)	9 Months Ended
	Sep. 30, 2015
Inventory, Net [Abstract]
Components of Inventories	Components of Inventories September 30, 2015 December 31, 2014 Raw materials $ 233.8 $ 248.8 Finished goods 613.4 573.4 Total $ 847.2 $ 822.2

Employee Benefit Plans (Tables)

Employee Benefit Plans (Tables)	9 Months Ended
	Sep. 30, 2015
General Discussion of Pension and Other Postretirement Benefits [Abstract]
Components of Net Periodic Benefit Cost	Three Months Ended September 30, Pension Benefits Net Periodic Benefit Costs U.S. Plans Non-U.S. Plans Postretirement Benefits 2015 2014 2015 2014 2015 2014 Service cost $ 3.3 $ 3.9 $ 1.8 $ 2.0 $ .3 $ .2 Interest cost 6.2 6.4 7.0 9.1 1.0 1.1 Expected return on plan assets (8.3 ) (9.0 ) (10.6 ) (11.0 ) — — Amortization of prior service credit (.2 ) (.1 ) — — (1.0 ) (1.1 ) Amortization of net actuarial losses 11.6 11.1 3.0 2.6 .5 — Settlements/curtailments 23.8 5.4 1.9 1.0 — (2.1 ) Net periodic benefit costs $ 36.4 $ 17.7 $ 3.1 $ 3.7 $ .8 $ (1.9 ) Nine Months Ended September 30, Pension Benefits Net Periodic Benefit Costs U.S. Plans Non-U.S. Plans Postretirement Benefits 2015 2014 2015 2014 2015 2014 Service cost $ 9.8 $ 10.4 $ 5.9 $ 6.5 $ .9 $ .8 Interest cost 18.7 21.4 21.2 27.7 3.2 3.7 Expected return on plan assets (24.9 ) (26.9 ) (32.2 ) (33.0 ) — — Amortization of prior service credit (.6 ) (.3 ) — — (3.1 ) (3.3 ) Amortization of net actuarial losses 34.7 35.6 8.4 7.2 1.5 1.0 Settlements/curtailments 23.8 30.4 1.9 1.0 — (2.1 ) Net periodic benefit costs $ 61.5 $ 70.6 $ 5.2 $ 9.4 $ 2.5 $ .1

Accumulated Other Comprehensi26

Accumulated Other Comprehensive Income (Loss) (Tables)	9 Months Ended
	Sep. 30, 2015
Schedule of Amounts in Accumulated Other Comprehensive Income (Loss)	The tables below present the changes in accumulated other comprehensive loss ("AOCI") by component and the reclassifications out of AOCI for the three months ended September 30, 2015 and 2014: Three Months Ended September 30, 2015: Foreign Currency Translation Adjustments Cash Flow Hedges Net Investment Hedges Pension and Postretirement Benefits Total Balance at June 30, 2015 $ (781.7 ) $ (2.3 ) $ (4.3 ) $ (510.1 ) $ (1,298.4 ) Other comprehensive loss other than reclassifications (149.5 ) — — (9.4 ) (158.9 ) Reclassifications into earnings: Derivative losses on cash flow hedges, net of tax of $0.0 (1) — .5 — — .5 Amortization of net actuarial loss and prior service cost, net of tax of $.3 (2) — — — 39.4 39.4 Total reclassifications into earnings — .5 — 39.4 39.9 Balance at September 30, 2015 $ (931.2 ) $ (1.8 ) $ (4.3 ) $ (480.1 ) $ (1,417.4 ) Three Months Ended September 30, 2014: Foreign Currency Translation Adjustments Cash Flow Hedges Net Investment Hedges Pension and Postretirement Benefits Total Balance at June 30, 2014 $ (406.0 ) $ (4.5 ) $ (4.3 ) $ (431.5 ) $ (846.3 ) Other comprehensive (loss) income other than reclassifications (124.4 ) — — 11.2 (113.2 ) Reclassifications into earnings: Derivative losses on cash flow hedges, net of tax of $.1 (1) — .3 — — .3 Amortization of net actuarial loss and prior service cost, net of tax of $5.4 (2) — — — 11.2 11.2 Total reclassifications into earnings — .3 — 11.2 11.5 Balance at September 30, 2014 $ (530.4 ) $ (4.2 ) $ (4.3 ) $ (409.1 ) $ (948.0 ) The tables below present the changes in accumulated other comprehensive loss ("AOCI") by component and the reclassifications out of AOCI for the nine months ended September 30, 2015 and 2014: Nine Months Ended September 30, 2015: Foreign Currency Translation Adjustments Cash Flow Hedges Net Investment Hedges Pension and Postretirement Benefits Total Balance at December 31, 2014 $ (677.0 ) $ (3.2 ) $ (4.3 ) $ (533.1 ) $ (1,217.6 ) Other comprehensive loss other than reclassifications (254.2 ) — — (13.0 ) (267.2 ) Reclassifications into earnings: Derivative losses on cash flow hedges, net of tax of $0.0 (1) — 1.4 — — 1.4 Amortization of net actuarial loss and prior service cost, net of tax of $.9 (2) — — — 66.0 66.0 Total reclassifications into earnings — 1.4 — 66.0 67.4 Balance at September 30, 2015 $ (931.2 ) $ (1.8 ) $ (4.3 ) $ (480.1 ) $ (1,417.4 ) Nine Months Ended September 30, 2014: Foreign Currency Translation Adjustments Cash Flow Hedges Net Investment Hedges Pension and Postretirement Benefits Total Balance at December 31, 2013 $ (429.3 ) $ (5.1 ) $ (4.3 ) $ (431.7 ) $ (870.4 ) Other comprehensive loss other than reclassifications (101.1 ) — — (21.5 ) (122.6 ) Reclassifications into earnings: Derivative losses on cash flow hedges, net of tax of $.5 (1) — .9 — — .9 Amortization of net actuarial loss and prior service cost, net of tax of $23.4 (2) — — — 44.1 44.1 Total reclassifications into earnings — .9 — 44.1 45.0 Balance at September 30, 2014 $ (530.4 ) $ (4.2 ) $ (4.3 ) $ (409.1 ) $ (948.0 ) (1) Gross amount reclassified to interest expense, and related taxes reclassified to income taxes. (2) Gross amount reclassified to pension and postretirement expense, within selling, general & administrative expenses, and related taxes reclassified to income taxes. Foreign exchange net losses of $ 7.3 and $ 10.1 for the three months ended September 30, 2015 and 2014, respectively, and foreign exchange net losses of $ 15.6 and of $ 10.0 for the nine months ended September 30, 2015 and 2014, respectively, resulting from the translation of actuarial losses and prior service cost recorded in AOCI are included in changes in foreign currency translation adjustments in the Consolidated Statements of Comprehensive Income (Loss).

Segment Information (Tables)

Segment Information (Tables)	9 Months Ended
	Sep. 30, 2015
Segment Reporting, Measurement Disclosures [Abstract]
Total Revenue and Operating Profit by Reporting Segment	Summarized financial information concerning our reportable segments was as follows: Three Months Ended September 30, 2015 2014 Revenue Operating Profit (Loss) Revenue Operating Profit (Loss) Latin America $ 790.9 $ 34.7 $ 1,067.2 $ 142.3 Europe, Middle East & Africa 499.2 48.1 620.0 55.5 North America 230.6 (27.5 ) 276.7 (18.3 ) Asia Pacific 146.2 9.4 174.3 9.0 Total from operations $ 1,666.9 $ 64.7 $ 2,138.2 $ 188.5 Global and other — (41.7 ) — (.6 ) Total $ 1,666.9 $ 23.0 $ 2,138.2 $ 187.9 Nine Months Ended September 30, 2015 2014 Revenue Operating Profit (Loss) Revenue Operating Profit (Loss) Latin America $ 2,481.2 $ 55.6 $ 3,187.7 $ 196.9 Europe, Middle East & Africa 1,602.8 139.6 1,932.9 199.7 North America 731.3 (46.9 ) 876.5 (54.1 ) Asia Pacific 469.2 26.8 513.3 15.6 Total from operations $ 5,284.5 $ 175.1 $ 6,510.4 $ 358.1 Global and other — (97.9 ) — (127.9 ) Total $ 5,284.5 $ 77.2 $ 6,510.4 $ 230.2

Supplemental Balance Sheet In28

Supplemental Balance Sheet Information (Tables)	9 Months Ended
	Sep. 30, 2015
Balance Sheet Related Disclosures [Abstract]
Components of Prepaid Expenses and Other	At September 30, 2015 and December 31, 2014 , prepaid expenses and other included the following: Components of Prepaid Expenses and Other September 30, 2015 December 31, 2014 Deferred tax assets (Note 6) $ 122.1 $ 204.7 Prepaid taxes and tax refunds receivable 102.0 165.7 Prepaid brochure costs, paper, and other literature 72.3 77.6 Receivables other than trade 67.5 72.5 Short-term investments 36.8 21.0 Other 80.0 76.8 Prepaid expenses and other $ 480.7 $ 618.3
Components of Other Assets	At September 30, 2015 and December 31, 2014 , other assets included the following: Components of Other Assets September 30, 2015 December 31, 2014 Long-term receivables $ 125.4 $ 149.5 Capitalized software 87.3 101.3 Deferred tax assets (Note 6) 50.0 685.8 Investments 35.9 36.4 Tooling (plates and molds associated with our beauty products) 15.3 21.7 Other intangible assets, net (Note 12) — 29.0 Other 27.0 28.3 Other assets $ 340.9 $ 1,052.0

Restructuring Initiatives (Tabl

Restructuring Initiatives (Tables)	9 Months Ended
	Sep. 30, 2015
$400M Cost Savings Initiative [Member]
Restructuring Cost and Reserve [Line Items]
Schedule of Liability for $400M Cost Savings Initiative	The liability balance for the $400M Cost Savings Initiative as of September 30, 2015 is as follows: Employee- Related Costs Contract Terminations/Other Total Balance at December 31, 2014 $ 50.1 $ .5 $ 50.6 2015 charges 4.3 5.7 10.0 Adjustments (3.8 ) — (3.8 ) Cash payments (30.3 ) (5.9 ) (36.2 ) Non-cash write-offs (1.9 ) — (1.9 ) Foreign exchange (1.5 ) (.1 ) (1.6 ) Balance at September 30, 2015 $ 16.9 $ .2 $ 17.1
Schedule of Restructuring and Related Costs Related to $400M Cost Savings Initiative	The following table presents the restructuring charges incurred to-date, net of adjustments, under our $400M Cost Savings Initiative, along with the estimated charges expected to be incurred on approved initiatives under the plan: Employee- Related Costs Inventory/Asset Write-offs Foreign Currency Translation Adjustment Write-offs Contract Terminations/Other Total Charges incurred to date $ 168.1 $ .7 .2 $ 18.7 $ 187.7 Estimated charges to be incurred on approved initiatives — 2.2 — .3 2.5 Total expected charges on approved initiatives $ 168.1 $ 2.9 $ .2 $ 19.0 $ 190.2
Schedule of Charges Reportable by Business Segment Under $400M Cost Savings Initiative	The charges, net of adjustments, of initiatives under the $400M Cost Savings Initiative by reportable business segment were as follows: Latin America Europe, Middle East & Africa North America Asia Pacific Corporate Total 2012 $ 12.9 $ 1.1 $ 18.0 $ 12.9 $ 3.6 $ 48.5 2013 11.1 15.6 5.3 1.3 17.7 51.0 2014 24.5 19.9 14.0 6.5 17.1 82.0 First Quarter 2015 (.4 ) .1 1.6 .6 (.3 ) 1.6 Second Quarter 2015 — .2 4.9 (.1 ) (.6 ) 4.4 Third Quarter 2015 (.5 ) (1.0 ) 1.9 (.2 ) — .2 Charges incurred to date 47.6 35.9 45.7 21.0 37.5 187.7 Estimated charges to be incurred on approved initiatives (.3 ) — 2.5 .3 — 2.5 Total expected charges on approved initiatives $ 47.3 $ 35.9 $ 48.2 $ 21.3 $ 37.5 $ 190.2
Other Restructuring Initiatives 2015 [Member]
Restructuring Cost and Reserve [Line Items]
Schedule of Liability for $400M Cost Savings Initiative	The liability balance, which primarily consists of employee-related costs, for these various restructuring initiatives as of September 30, 2015 is as follows: Total 2015 charges $ 27.3 Adjustments (2.4 ) Cash payments (16.8 ) Foreign exchange (.2 ) Balance at September 30, 2015 $ 7.9
Schedule of Charges Reportable by Business Segment Under $400M Cost Savings Initiative	The charges approved to date under these various restructuring initiatives by reportable business segment were as follows: Latin America Europe, Middle East & Africa North America Asia Pacific Corporate Total First Quarter 2015 $ 3.3 $ 5.3 $ 1.6 $ 7.0 $ 9.4 $ 26.6 Second Quarter 2015 (.2 ) — .5 (.3 ) .2 .2 Third Quarter 2015 (.1 ) (.9 ) .1 (.6 ) (.4 ) (1.9 ) Charges incurred to date $ 3.0 $ 4.4 $ 2.2 $ 6.1 $ 9.2 $ 24.9

Goodwill and Intangible Assets

Goodwill and Intangible Assets (Tables)	9 Months Ended
	Sep. 30, 2015
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Goodwill	Goodwill Latin America Europe, Middle East & Africa Asia Pacific Total Gross balance at December 31, 2014 $ 90.7 $ 156.0 $ 85.0 $ 331.7 Accumulated impairments — — (82.4 ) (82.4 ) Net balance at December 31, 2014 $ 90.7 $ 156.0 $ 2.6 $ 249.3 Changes during the period ended September 30, 2015: Divestitures $ — $ (124.3 ) $ — $ (124.3 ) Foreign exchange (21.2 ) (3.9 ) — (25.1 ) Gross balance at September 30, 2015 $ 69.5 $ 27.8 $ 85.0 $ 306.6 Accumulated impairments — — (82.4 ) (82.4 ) Net balance at September 30, 2015 $ 69.5 $ 27.8 $ 2.6 $ 99.9
Schedule of Intangible Assets	Other intangible assets September 30, 2015 December 31, 2014 Gross Amount Accumulated Amortization Gross Amount Accumulated Amortization Finite-Lived Intangible Assets Customer relationships $ 21.7 $ (21.7 ) $ 33.0 $ (31.1 ) Licensing agreements 26.4 (26.4 ) 43.4 (39.9 ) Noncompete agreements 6.3 (6.3 ) 7.2 (7.2 ) Indefinite-Lived Trademarks — — 23.6 — Total $ 54.4 $ (54.4 ) $ 107.2 $ (78.2 )

Fair Value (Tables)

Fair Value (Tables)	9 Months Ended
	Sep. 30, 2015
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value Assets and Liabilities Measured at Fair Value on a Recurring Basis	Assets and Liabilities Recorded at Fair Value on a Recurring Basis The following table presents the fair value hierarchy for those assets and liabilities measured at fair value on a recurring basis as of September 30, 2015 : Level 1 Level 2 Total Assets: Available-for-sale securities $ 2.8 $ — $ 2.8 Foreign exchange forward contracts — 3.3 3.3 Total $ 2.8 $ 3.3 $ 6.1 Liabilities: Foreign exchange forward contracts $ — $ 3.3 $ 3.3 Total $ — $ 3.3 $ 3.3 The following table presents the fair value hierarchy for those assets and liabilities measured at fair value on a recurring basis as of December 31, 2014 : Level 1 Level 2 Total Assets: Available-for-sale securities $ 2.7 $ — $ 2.7 Foreign exchange forward contracts — .6 .6 Total $ 2.7 .6 $ 3.3 Liabilities: Foreign exchange forward contracts $ — $ 5.0 $ 5.0 Total $ — $ 5.0 $ 5.0
Assets and Liabilities Recorded at Fair Value on a Non-recurring Basis	Assets and Liabilities Recorded at Fair Value on a Non-recurring Basis Venezuela Long-Lived Assets - March 31, 2015 The following table presents the fair value hierarchy for those assets and liabilities measured at fair value on a non-recurring basis as of March 31, 2015, and indicates the placement in the fair value hierarchy of the valuation techniques utilized to determine such fair value: Level 1 Level 2 Level 3 Total Assets: Venezuela long-lived assets $ — $ — $ 15.7 $ 15.7 Total $ — $ — $ 15.7 $ 15.7 At February 12, 2015, we reviewed Avon Venezuela's long-lived assets to determine whether the carrying amount of the assets was recoverable. Based on our expected cash flows associated with the asset group, we determined that the carrying amount of the assets, carried at their historical U.S. dollar cost basis, was not recoverable. As such, an impairment charge of approximately $90 to selling, general and administrative expenses in the Latin America segment was needed to reflect the write-down of the long-lived assets to their estimated fair value, which was $15.7 at March 31, 2015. The fair value of Avon Venezuela's long-lived assets was determined using both market and cost valuation approaches. The valuation analysis performed required several estimates, including market conditions and inflation rates.
Fair Value of Financial Instruments	Fair Value of Financial Instruments Our financial instruments include cash and cash equivalents, available-for-sale securities, short-term investments, accounts receivable, loans receivable, debt maturing within one year, accounts payable, long-term debt and foreign exchange forwards contracts. The carrying value for cash and cash equivalents, accounts receivable, accounts payable and short-term investments approximate fair value because of the short-term nature of these instruments. The net asset (liability) amounts recorded in the balance sheet (carrying amount) and the estimated fair values of our remaining financial instruments at September 30, 2015 and December 31, 2014, respectively, consisted of the following: September 30, 2015 December 31, 2014 Carrying Amount Fair Value Carrying Amount Fair Value Available-for-sale securities $ 2.8 $ 2.8 $ 2.7 $ 2.7 Debt maturing within one year (1) (117.2 ) (117.2 ) (137.1 ) (137.1 ) Long-term debt (1) (2,196.3 ) (1,717.8 ) (2,463.9 ) (2,242.5 ) Foreign exchange forward contracts — — (4.4 ) (4.4 ) (1) The carrying value of debt maturing within one year and long-term debt includes any related discount or premium and unamortized deferred gains on terminated interest-rate swap agreements, as applicable. The methods and assumptions used to estimate fair value are as follows: Available-for-sale securities - The fair values of these investments were the quoted market prices for issues listed on securities exchanges. Debt maturing within one year and long-term debt - The fair values of our debt and other financing were determined using Level 2 inputs based on indicative market prices. Foreign exchange forward contracts - The fair values of forward contracts were estimated based on quoted forward foreign exchange prices at the reporting date.

Derivative Instruments and He32

Derivative Instruments and Hedging Activities (Tables)	9 Months Ended
	Sep. 30, 2015
General Discussion of Derivative Instruments and Hedging Activities [Abstract]
Fair Value of Derivative Instruments Outstanding	Derivatives are recognized on the Consolidated Balance Sheets at their fair values. The following table presents the fair value of derivative instruments outstanding at September 30, 2015 : Asset Liability Balance Sheet Classification Fair Value Balance Sheet Classification Fair Value Derivatives not designated as hedges: Foreign exchange forward contracts Prepaid expenses and other $ 3.3 Accounts payable $ 3.3 Total derivatives not designated as hedges $ 3.3 $ 3.3 Total derivatives $ 3.3 $ 3.3 The following table presents the fair value of derivative instruments outstanding at December 31, 2014 : Asset Liability Balance Sheet Classification Fair Value Balance Sheet Classification Fair Value Derivatives not designated as hedges: Foreign exchange forward contracts Prepaid expenses and other $ .6 Accounts payable $ 5.0 Total derivatives not designated as hedges $ .6 $ 5.0 Total derivatives $ .6 $ 5.0

Accounting Policies Schedule of

Accounting Policies Schedule of Accounting Policies (Details) - USD ($) $ in Millions	3 Months Ended				9 Months Ended
	Sep. 30, 2015	Mar. 31, 2015	Sep. 30, 2014	Mar. 31, 2014	Sep. 30, 2015	Sep. 30, 2014	Feb. 12, 2015	Dec. 31, 2014
Venezuela foreign currency devaluation				88.00%			70.00%
Exchange rate net charges, total		$ (3)		$ 42
Exchange rate net charges on other expense, net		(4)		54
Exchange rate net charges on income taxes		1		(12)
Venezuelan non-monetary assets remeasurement in operating profit	$ 6		$ 2		$ 17	$ 20
Charge for Venezuelan non-monetary assets to their net realizable value		11		$ 116
Impairment of Venezuela long-lived assets		90
Property, plant and equipment at carrying value	$ 948.3				$ 948.3			$ 1,231
Repayments of debt [Member]
Prior Period Reclassification Adjustment						25.3
Income tax receivables [Member]
Prior Period Reclassification Adjustment						(7.8)
Proceeds from debt [Member]
Prior Period Reclassification Adjustment						9.1
Debt, net [Member]
Prior Period Reclassification Adjustment						$ 16.2
VENEZUELA
Property, plant and equipment at carrying value		$ 15.7

Earnings per Share and Share 34

Earnings per Share and Share Repurchases (Narrative) (Details) - USD ($) shares in Millions, $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Stock options excluded from computation of earnings per share due to net loss, including options with higher exercise prices than average market price	11.9		13.2	18.4
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount		17.2
Stock repurchased during the period, shares			0.4	0.6
Stock repurchased during the period, value			$ 3	$ 9.4

Earnings per Share and Share 35

Earnings per Share and Share Repurchases (Components of Basic and Diluted Earnings per Share) (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Numerator attributable to Avon:
Net (loss) income attributable to Avon	$ (697)	$ 91.4	$ (815.5)	$ (57.9)
Less: Loss (income) allocated to participating securities	11.1	(0.8)	12.8	1.6
(Loss) income allocated to common shareholders	$ (685.9)	$ 90.6	$ (802.7)	$ (56.3)
Denominator:
Basic EPS weighted-average shares outstanding	435.4	434.6	435.1	434.4
Diluted effect of assumed conversion of stock options	0	0	0	0
Diluted EPS adjusted weighted-average shares outstanding	435.4	434.6	435.1	434.4
(Loss) Earnings per Common Share
Basic	$ (1.58)	$ 0.21	$ (1.84)	$ (0.13)
Diluted	$ (1.58)	$ 0.21	$ (1.84)	$ (0.13)

Divestitures (Details)

Divestitures (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2013
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Proceeds from Divestiture of Businesses			$ 215
Disposition of Business, Expenses			5
Gain on sale of business	$ 46.2	$ 0	44.9	$ 0
Gain on sale of business, after tax			$ 51.6
Two Point Three Seven Five Percent Notes, Due March Two Thousand Sixteen [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Debt Instrument, Face Amount					$ 250
Debt Instrument, Interest Rate, Stated Percentage					2.375%

Inventories (Components of Inve

Inventories (Components of Inventories) (Details) - USD ($) $ in Millions	Sep. 30, 2015	Dec. 31, 2014
Inventory [Line Items]
Raw materials	$ 233.8	$ 248.8
Finished goods	613.4	573.4
Total	$ 847.2	$ 822.2

Employee Benefit Plans (Narrati

Employee Benefit Plans (Narrative) (Details) - USD ($) $ in Millions	3 Months Ended			9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Jun. 30, 2014	Sep. 30, 2015
Settlement charge	$ 23.8	$ 5.4	$ 23.5
U.S. Pension and Postretirement Plans [Member]
Employer contribution				$ 10
International Pension and Postretirement Plans [Member]
Employer contribution				28
Minimum [Member] | U.S. Pension and Postretirement Plans [Member]
Defined Benefit Plans, Estimated Future Employer Contributions in Current Fiscal Year				5
Minimum [Member] | International Pension and Postretirement Plans [Member]
Defined Benefit Plans, Estimated Future Employer Contributions in Current Fiscal Year				0
Maximum [Member] | U.S. Pension and Postretirement Plans [Member]
Defined Benefit Plans, Estimated Future Employer Contributions in Current Fiscal Year				10
Maximum [Member] | International Pension and Postretirement Plans [Member]
Defined Benefit Plans, Estimated Future Employer Contributions in Current Fiscal Year				$ 5

Employee Benefit Plans (Compone

Employee Benefit Plans (Components of Net Periodic Benefit Cost) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Pension Benefits U.S. Plans [Member]
Service cost	$ 3.3	$ 3.9	$ 9.8	$ 10.4
Interest cost	6.2	6.4	18.7	21.4
Expected return on plan assets	(8.3)	(9)	(24.9)	(26.9)
Amortization of prior service credit	(0.2)	(0.1)	(0.6)	(0.3)
Amortization of net actuarial losses	11.6	11.1	34.7	35.6
Settlements/curtailments	23.8	5.4	23.8	30.4
Net periodic benefit costs	36.4	17.7	61.5	70.6
Pension Benefits Non-U.S. Plans [Member]
Service cost	1.8	2	5.9	6.5
Interest cost	7	9.1	21.2	27.7
Expected return on plan assets	(10.6)	(11)	(32.2)	(33)
Amortization of prior service credit	0	0	0	0
Amortization of net actuarial losses	3	2.6	8.4	7.2
Settlements/curtailments	1.9	1	1.9	1
Net periodic benefit costs	3.1	3.7	5.2	9.4
Postretirement Benefits [Member]
Service cost	0.3	0.2	0.9	0.8
Interest cost	1	1.1	3.2	3.7
Expected return on plan assets	0	0	0	0
Amortization of prior service credit	(1)	(1.1)	(3.1)	(3.3)
Amortization of net actuarial losses	0.5	0	1.5	1
Settlements/curtailments	0	(2.1)	0	(2.1)
Net periodic benefit costs	$ 0.8	$ (1.9)	$ 2.5	$ 0.1

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Millions	3 Months Ended
	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015
UNITED STATES
Valuation Allowance, Deferred Tax Asset, Increase (Decrease), Amount	$ 649.5	$ (3.2)	$ 31.3

Contingencies (Details)

Contingencies (Details) - USD ($) $ in Millions	3 Months Ended	12 Months Ended
	Sep. 30, 2015	Dec. 31, 2014
Assessment for 2002 [Member]
Assessment of contingencies, including penalties and accruing interest, reduced	$ 22
Assessment of contingencies, prior to reductions	52
Derivative actions [Member]
Estimated Litigation Liability	4
Brockton [Member]
Litigation Settlement, Amount	62
Insurance Settlements Receivable, Current	60
Litigation settlement amount, paid by company	2
IPI [Member] | Assessment for 2012 [Member]
Assessment of contingencies, including penalties and accruing interest	$ 241
DOJ [Member] | FCPA [Member]
Litigation Settlement, Amount		$ 68
SEC [Member] | FCPA [Member]
Litigation Settlement, Amount		$ 67

Accumulated Other Comprehensi42

Accumulated Other Comprehensive Income (Loss) Tables (Details) - USD ($) $ in Millions		3 Months Ended		9 Months Ended
		Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Balance at Period Start		$ (1,298.4)	$ (846.3)	$ (1,217.6)	$ (870.4)
Other comprehensive (loss) income other than reclassifications		(158.9)	(113.2)	(267.2)	(122.6)
Reclassifications into earnings:
Derivative losses on cash flow hedges, net of tax	[1]	0.5	0.3	1.4	0.9
Amortization of net actuarial loss and prior service cost, net of tax	[2]	39.4	11.2	66	44.1
Total reclassifications into earnings		39.9	11.5	67.4	45
Balance at Period End		(1,417.4)	(948)	(1,417.4)	(948)
Change in derivative losses on cash flow hedges, taxes		0	0.1	0	0.5
Amortization of net actuarial loss and prior service cost, taxes		0.3	5.4	0.9	23.4
Foreign Currency Gain (Loss) [Member]
Balance at Period Start		(781.7)	(406)	(677)	(429.3)
Other comprehensive (loss) income other than reclassifications		(149.5)	(124.4)	(254.2)	(101.1)
Reclassifications into earnings:
Derivative losses on cash flow hedges, net of tax	[1]	0	0	0	0
Amortization of net actuarial loss and prior service cost, net of tax		0	0	0	0
Total reclassifications into earnings		0	0	0	0
Balance at Period End		(931.2)	(530.4)	(931.2)	(530.4)
Cash Flow Hedge [Member]
Balance at Period Start		(2.3)	(4.5)	(3.2)	(5.1)
Other comprehensive (loss) income other than reclassifications		0	0	0	0
Reclassifications into earnings:
Derivative losses on cash flow hedges, net of tax	[1]	0.5	0.3	1.4	0.9
Amortization of net actuarial loss and prior service cost, net of tax		0	0	0	0
Total reclassifications into earnings		0.5	0.3	1.4	0.9
Balance at Period End		(1.8)	(4.2)	(1.8)	(4.2)
Net Investment Hedging [Member]
Balance at Period Start		(4.3)	(4.3)	(4.3)	(4.3)
Other comprehensive (loss) income other than reclassifications		0	0	0	0
Reclassifications into earnings:
Derivative losses on cash flow hedges, net of tax		0	0	0	0
Amortization of net actuarial loss and prior service cost, net of tax		0	0	0	0
Total reclassifications into earnings		0	0	0	0
Balance at Period End		(4.3)	(4.3)	(4.3)	(4.3)
Accumulated Defined Benefit Plans Adjustment [Member]
Balance at Period Start		(510.1)	(431.5)	(533.1)	(431.7)
Other comprehensive (loss) income other than reclassifications		(9.4)	11.2	(13)	(21.5)
Reclassifications into earnings:
Derivative losses on cash flow hedges, net of tax		0	0	0	0
Amortization of net actuarial loss and prior service cost, net of tax	[2]	39.4	11.2	66	44.1
Total reclassifications into earnings		39.4	11.2	66	44.1
Balance at Period End		$ (480.1)	$ (409.1)	$ (480.1)	$ (409.1)
[1]	Gross amount reclassified to interest expense, and related taxes reclassified to income taxes.
[2]	Gross amount reclassified to pension and postretirement expense, within selling, general & administrative expenses, and related taxes reclassified to income taxes.

Accumulated Other Comprehensi43

Accumulated Other Comprehensive Income (Loss) Narrative (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Foreign Exchange Gains (Losses) From Translation Of Actuarial Losses Prior Service Credit And Transition Obligation	$ (7.3)	$ (10.1)	$ (15.6)	$ (10)

Segment Information (Total Reve

Segment Information (Total Revenue and Operating Profit by Reporting Segment) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Revenue	$ 1,666.9	$ 2,138.2	$ 5,284.5	$ 6,510.4
Operating Profit (Loss)	23	187.9	77.2	230.2
Latin America [Member]
Revenue	790.9	1,067.2	2,481.2	3,187.7
Operating Profit (Loss)	34.7	142.3	55.6	196.9
Europe Middle East & Africa [Member]
Revenue	499.2	620	1,602.8	1,932.9
Operating Profit (Loss)	48.1	55.5	139.6	199.7
North America [Member]
Revenue	230.6	276.7	731.3	876.5
Operating Profit (Loss)	(27.5)	(18.3)	(46.9)	(54.1)
Asia Pacific [Member]
Revenue	146.2	174.3	469.2	513.3
Operating Profit (Loss)	9.4	9	26.8	15.6
Total from operations [Member]
Revenue	1,666.9	2,138.2	5,284.5	6,510.4
Operating Profit (Loss)	64.7	188.5	175.1	358.1
Global and other [Member]
Revenue	0	0	0	0
Operating Profit (Loss)	$ (41.7)	$ (0.6)	$ (97.9)	$ (127.9)

Supplemental Balance Sheet In45

Supplemental Balance Sheet Information (Components of Prepaid Expenses and Other) (Details) - USD ($) $ in Millions	Sep. 30, 2015	Dec. 31, 2014
Prepaid Expense and Other Assets, Current [Abstract]
Deferred tax assets (Note 6)	$ 122.1	$ 204.7
Prepaid taxes and tax refunds receivable	102	165.7
Prepaid brochure costs, paper and other literature	72.3	77.6
Receivables other than trade	67.5	72.5
Short-term investments	36.8	21
Other	80	76.8
Prepaid expenses and other	$ 480.7	$ 618.3

Supplemental Balance Sheet In46

Supplemental Balance Sheet Information (Components of Other Assets) (Details) - USD ($) $ in Millions	Sep. 30, 2015	Dec. 31, 2014
Other Assets, Noncurrent [Abstract]
Long-term receivables	$ 125.4	$ 149.5
Capitalized software	87.3	101.3
Deferred tax assets (Note 6)	50	685.8
Investments	35.9	36.4
Tooling (plates and molds associated with our beauty products)	15.3	21.7
Other intangible assets, net (Note 12)	0	29
Other	27	28.3
Other assets	$ 340.9	$ 1,052

Restructuring Initiatives (Narr

Restructuring Initiatives (Narrative) (Details) - USD ($) $ in Millions	3 Months Ended				9 Months Ended		12 Months Ended			36 Months Ended
	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Sep. 30, 2015
Charges recorded to date
Other Restructuring Initiatives 2015 [Member]
Restructuring charges and other costs recorded in period	$ (0.5)				$ 31.7
Expected annualized savings before taxes					35
Other Restructuring Initiatives 2015 [Member] | Employee-Related Costs [Member]
Restructuring Charges					27.3
Adjustments					(2.4)
Restructuring charges and other costs recorded in period	(1.9)				24.9
Payments for Restructuring					(16.8)
Restructuring Reserve, Translation Adjustment					(0.2)
Other Restructuring Initiatives 2015 [Member] | Professional Service Fees [Member]
Restructuring charges and other costs recorded in period	1.4				6.8
Other Restructuring Initiatives [Member]
Restructuring charges and other costs recorded in period	0.5			$ 0.1	0.4	$ 0.9
$400M Cost Savings Initiative [Member]
Restructuring Charges					10
Adjustments					(3.8)
Charges recorded to date	0.2	$ 4.4	$ 1.6				$ 82	$ 51	$ 48.5	$ 187.7
Restructuring charges and other costs recorded in period	0.2			2.4	12.7	75.5				243.1
Expected total restructuring charges and other costs	245				245					245
Payments for Restructuring					(36.2)
Restructuring Reserve, Translation Adjustment					(1.6)
$400M Cost Savings Initiative [Member] | Employee-Related Costs [Member]
Restructuring Charges					4.3
Adjustments					(3.8)
Charges recorded to date										168.1
Restructuring charges and other costs recorded in period	0.1			(3)	0.5	46.5
Payments for Restructuring					(30.3)
Restructuring Reserve, Translation Adjustment					(1.5)
$400M Cost Savings Initiative [Member] | Contract Terminations / Other [Member]
Restructuring Charges					5.7
Adjustments					0
Charges recorded to date										18.7
Restructuring charges and other costs recorded in period	0.1			(0.5)	5.7	7
Payments for Restructuring					(5.9)
Restructuring Reserve, Translation Adjustment					(0.1)
$400M Cost Savings Initiative [Member] | Accelerated Depreciation [Member]
Restructuring charges and other costs recorded in period	0.3			1.9	2.6	3.8
$400M Cost Savings Initiative [Member] | Professional Service Fees [Member]
Restructuring charges and other costs recorded in period	(0.3)			3.9	$ 3.9	8.8
$400M Cost Savings Initiative [Member] | Currency Translation Adjustment Write Offs [Member]
Charges recorded to date										0.2
Restructuring charges and other costs recorded in period				$ 0.1		$ 3.8
$400M Cost Savings Initiative [Member] | Minimum [Member]
Expected annualized savings before taxes										270
$400M Cost Savings Initiative [Member] | Maximum [Member]
Expected annualized savings before taxes										280
Latin America [Member] | $400M Cost Savings Initiative [Member]
Charges recorded to date	(0.5)	0	(0.4)				24.5	11.1	12.9	47.6
Europe Middle East & Africa [Member] | $400M Cost Savings Initiative [Member]
Charges recorded to date	(1)	0.2	0.1				19.9	15.6	1.1	35.9
North America [Member] | $400M Cost Savings Initiative [Member]
Charges recorded to date	1.9	4.9	1.6				14	5.3	18	45.7
Asia Pacific [Member] | $400M Cost Savings Initiative [Member]
Charges recorded to date	(0.2)	(0.1)	0.6				6.5	1.3	12.9	21
Corporate [Member] | $400M Cost Savings Initiative [Member]
Charges recorded to date	$ 0	$ (0.6)	$ (0.3)				$ 17.1	$ 17.7	$ 3.6	$ 37.5

Restructuring Initiatives Restr

Restructuring Initiatives Restructuring Initiatives (Liability Balances for Other 2015 Restructuring Initiatives) (Details) - Other Restructuring Initiatives 2015 [Member] - Employee-Related Costs [Member] $ in Millions	9 Months Ended
	Sep. 30, 2015USD ($)
Restructuring Cost and Reserve [Line Items]
2015 Charges	$ 27.3
Adjustments	(2.4)
Cash payments	(16.8)
Foreign exchange	(0.2)
Balance Period End	$ 7.9

Restructuring Initiatives Res49

Restructuring Initiatives Restructuring Initiatives (Charges Reportable by Business Segment for Other 2015 Initiatives) (Details) - USD ($) $ in Millions	3 Months Ended			9 Months Ended	36 Months Ended
	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Sep. 30, 2015	Sep. 30, 2015
Charges recorded to date
Other Restructuring Initiatives 2015 [Member]
Charges recorded to date	$ (1.9)	$ 0.2	$ 26.6	$ 24.9
Other Restructuring Initiatives 2015 [Member] | Latin America [Member]
Charges recorded to date	(0.1)	(0.2)	3.3	3
Other Restructuring Initiatives 2015 [Member] | Europe Middle East & Africa [Member]
Charges recorded to date	(0.9)	0	5.3	4.4
Other Restructuring Initiatives 2015 [Member] | North America [Member]
Charges recorded to date	0.1	0.5	1.6	2.2
Other Restructuring Initiatives 2015 [Member] | Asia Pacific [Member]
Charges recorded to date	(0.6)	(0.3)	7	6.1
Other Restructuring Initiatives 2015 [Member] | Corporate [Member]
Charges recorded to date	$ (0.4)	$ 0.2	$ 9.4	$ 9.2

Restructuring Initiatives Res50

Restructuring Initiatives Restructuring Initiatives (Liability Balances for $400M Cost Savings Initiative) (Details) - $400M Cost Savings Initiative [Member] $ in Millions	9 Months Ended
	Sep. 30, 2015USD ($)
Balance Period Start	$ 50.6
2015 Charges	10
Adjustments	(3.8)
Cash payments	(36.2)
Non-cash write-offs	(1.9)
Foreign exchange	(1.6)
Balance Period End	17.1
Employee-Related Costs [Member]
Balance Period Start	50.1
2015 Charges	4.3
Adjustments	(3.8)
Cash payments	(30.3)
Non-cash write-offs	(1.9)
Foreign exchange	(1.5)
Balance Period End	16.9
Contract Terminations / Other [Member]
Balance Period Start	0.5
2015 Charges	5.7
Adjustments	0
Cash payments	(5.9)
Non-cash write-offs	0
Foreign exchange	(0.1)
Balance Period End	$ 0.2

Restructuring Initiatives Sched

Restructuring Initiatives Schedule of Restructuring Costs related to the $400M Savings Initiative (Details) - USD ($) $ in Millions	3 Months Ended			9 Months Ended	12 Months Ended			36 Months Ended
	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Sep. 30, 2015	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Sep. 30, 2015
Restructuring Cost and Reserve [Line Items]
Charges recorded to date
$400M Cost Savings Initiative [Member]
Restructuring Cost and Reserve [Line Items]
Charges recorded to date	$ 0.2	$ 4.4	$ 1.6		$ 82	$ 51	$ 48.5	$ 187.7
Estimated charges to be incurred on approved initiatives								2.5
Total expected charges on approved initiatives								190.2
$400M Cost Savings Initiative [Member] | Employee-Related Costs [Member]
Restructuring Cost and Reserve [Line Items]
Charges recorded to date								168.1
Estimated charges to be incurred on approved initiatives								0
Total expected charges on approved initiatives								168.1
$400M Cost Savings Initiative [Member] | Inventory/ Asset Write-offs [Member]
Restructuring Cost and Reserve [Line Items]
Charges recorded to date								0.7
Estimated charges to be incurred on approved initiatives								2.2
Total expected charges on approved initiatives								2.9
$400M Cost Savings Initiative [Member] | Currency Translation Adjustment Write Offs [Member]
Restructuring Cost and Reserve [Line Items]
Charges recorded to date								0.2
Estimated charges to be incurred on approved initiatives								0
Total expected charges on approved initiatives								0.2
$400M Cost Savings Initiative [Member] | Contract Terminations / Other [Member]
Restructuring Cost and Reserve [Line Items]
Charges recorded to date								18.7
Estimated charges to be incurred on approved initiatives								0.3
Total expected charges on approved initiatives								19
Latin America [Member] | $400M Cost Savings Initiative [Member]
Restructuring Cost and Reserve [Line Items]
Charges recorded to date	(0.5)	0	(0.4)		24.5	11.1	12.9	47.6
Estimated charges to be incurred on approved initiatives								(0.3)
Total expected charges on approved initiatives								47.3
Europe Middle East & Africa [Member] | $400M Cost Savings Initiative [Member]
Restructuring Cost and Reserve [Line Items]
Charges recorded to date	(1)	0.2	0.1		19.9	15.6	1.1	35.9
Estimated charges to be incurred on approved initiatives								0
Total expected charges on approved initiatives								35.9
North America [Member] | $400M Cost Savings Initiative [Member]
Restructuring Cost and Reserve [Line Items]
Charges recorded to date	1.9	4.9	1.6		14	5.3	18	45.7
Estimated charges to be incurred on approved initiatives								2.5
Total expected charges on approved initiatives								48.2
Asia Pacific [Member] | $400M Cost Savings Initiative [Member]
Restructuring Cost and Reserve [Line Items]
Charges recorded to date	(0.2)	(0.1)	0.6		6.5	1.3	12.9	21
Estimated charges to be incurred on approved initiatives								0.3
Total expected charges on approved initiatives								21.3
Corporate [Member] | $400M Cost Savings Initiative [Member]
Restructuring Cost and Reserve [Line Items]
Charges recorded to date	$ 0	$ (0.6)	$ (0.3)		$ 17.1	$ 17.7	$ 3.6	37.5
Estimated charges to be incurred on approved initiatives								0
Total expected charges on approved initiatives								$ 37.5

Restructuring Initiatives Res52

Restructuring Initiatives Restructuring Initiatives (Charges Reportable by Business Segment for $400M Cost Savings Initiative) (Details) - USD ($) $ in Millions	3 Months Ended			9 Months Ended	12 Months Ended			36 Months Ended
	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Sep. 30, 2015	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Sep. 30, 2015
Restructuring Cost and Reserve [Line Items]
Charges recorded to date
$400M Cost Savings Initiative [Member]
Restructuring Cost and Reserve [Line Items]
Charges recorded to date	$ 0.2	$ 4.4	$ 1.6		$ 82	$ 51	$ 48.5	$ 187.7
Estimated charges to be incurred on approved initiatives								2.5
Total expected charges on approved initiatives								190.2
$400M Cost Savings Initiative [Member] | Latin America [Member]
Restructuring Cost and Reserve [Line Items]
Charges recorded to date	(0.5)	0	(0.4)		24.5	11.1	12.9	47.6
Estimated charges to be incurred on approved initiatives								(0.3)
Total expected charges on approved initiatives								47.3
$400M Cost Savings Initiative [Member] | Europe Middle East & Africa [Member]
Restructuring Cost and Reserve [Line Items]
Charges recorded to date	(1)	0.2	0.1		19.9	15.6	1.1	35.9
Estimated charges to be incurred on approved initiatives								0
Total expected charges on approved initiatives								35.9
$400M Cost Savings Initiative [Member] | North America [Member]
Restructuring Cost and Reserve [Line Items]
Charges recorded to date	1.9	4.9	1.6		14	5.3	18	45.7
Estimated charges to be incurred on approved initiatives								2.5
Total expected charges on approved initiatives								48.2
$400M Cost Savings Initiative [Member] | Asia Pacific [Member]
Restructuring Cost and Reserve [Line Items]
Charges recorded to date	(0.2)	(0.1)	0.6		6.5	1.3	12.9	21
Estimated charges to be incurred on approved initiatives								0.3
Total expected charges on approved initiatives								21.3
$400M Cost Savings Initiative [Member] | Corporate [Member]
Restructuring Cost and Reserve [Line Items]
Charges recorded to date	$ 0	$ (0.6)	$ (0.3)		$ 17.1	$ 17.7	$ 3.6	37.5
Estimated charges to be incurred on approved initiatives								0
Total expected charges on approved initiatives								$ 37.5

Goodwill and Intangible Asset53

Goodwill and Intangible Assets (Schedule of Goodwill) (Details) $ in Millions	9 Months Ended
	Sep. 30, 2015USD ($)
Gross balance at Period Start	$ 331.7
Accumulated impairments	(82.4)
Net balance at Period Start	249.3
Divestitures	(124.3)
Foreign exchange	(25.1)
Gross balance at Period End	306.6
Accumulated impairments	(82.4)
Net balance at Period End	99.9
Latin America [Member]
Gross balance at Period Start	90.7
Accumulated impairments	0
Net balance at Period Start	90.7
Divestitures	0
Foreign exchange	(21.2)
Gross balance at Period End	69.5
Accumulated impairments	0
Net balance at Period End	69.5
Europe Middle East & Africa [Member]
Gross balance at Period Start	156
Accumulated impairments	0
Net balance at Period Start	156
Divestitures	(124.3)
Foreign exchange	(3.9)
Gross balance at Period End	27.8
Accumulated impairments	0
Net balance at Period End	27.8
Asia Pacific [Member]
Gross balance at Period Start	85
Accumulated impairments	(82.4)
Net balance at Period Start	2.6
Divestitures	0
Foreign exchange	0
Gross balance at Period End	85
Accumulated impairments	(82.4)
Net balance at Period End	$ 2.6

Goodwill and Intangible Asset54

Goodwill and Intangible Assets (Schedule of Intangible Assets) (Details) - USD ($) $ in Millions	Sep. 30, 2015	Dec. 31, 2014
Indefinite Lived Trademarks	$ 0	$ 23.6
Total Gross Intangible Assets	54.4	107.2
Accumulated Amortization	(54.4)	(78.2)
Customer Relationships [Member]
Gross Amount	21.7	33
Accumulated Amortization	(21.7)	(31.1)
Licensing Agreements [Member]
Gross Amount	26.4	43.4
Accumulated Amortization	(26.4)	(39.9)
Noncompete Agreements [Member]
Gross Amount	6.3	7.2
Accumulated Amortization	$ (6.3)	$ (7.2)

Goodwill and Intangible Asset55

Goodwill and Intangible Assets Goodwill and Intangible Assets Narrative (Details) - USD ($) $ in Millions	Sep. 30, 2015	Jul. 09, 2015	Dec. 31, 2014
Goodwill	$ 99.9		$ 249.3
Indefinite-Lived Trademarks	$ 0		$ 23.6
Liz Earle [Member]
Goodwill		$ 124.3
Other Intangible Assets, Net		28.2
Indefinite-Lived Trademarks		23.6
Indefinite-Lived License Agreements		3
Finite-Lived Customer Relationships, Gross		$ 1.6

Fair Value (Fair Value Assets a

Fair Value (Fair Value Assets and Liabilities Measured at Fair Value on a Recurring Basis) (Details) - USD ($) $ in Millions	Sep. 30, 2015	Dec. 31, 2014
Available-for-sale securities	$ 2.8	$ 2.7
Total Assets	6.1	3.3
Total Liabilities	3.3	5
Foreign Exchange Forward Contracts [Member]
Foreign exchange forward contracts	3.3	0.6
Foreign exchange forward contracts	3.3	5
Level 1 [Member]
Available-for-sale securities	2.8	2.7
Total Assets	2.8	2.7
Total Liabilities	0	0
Level 1 [Member] | Foreign Exchange Forward Contracts [Member]
Foreign exchange forward contracts	0	0
Foreign exchange forward contracts	0	0
Level 2 [Member]
Available-for-sale securities	0	0
Total Assets	3.3	0.6
Total Liabilities	3.3	5
Level 2 [Member] | Foreign Exchange Forward Contracts [Member]
Foreign exchange forward contracts	3.3	0.6
Foreign exchange forward contracts	$ 3.3	$ 5

Fair Value Fair Value (Narrativ

Fair Value Fair Value (Narrative) (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2015	Sep. 30, 2015	Dec. 31, 2014
Impairment of Venezuela long-lived assets	$ 90
Property, plant and equipment at carrying value		$ 948.3	$ 1,231
VENEZUELA
Property, plant and equipment at carrying value	$ 15.7

Fair Value Fair Value (Assets M

Fair Value Fair Value (Assets Measured on a Non-recurring Basis) (Details) - USD ($) $ in Millions	Sep. 30, 2015	Mar. 31, 2015	Dec. 31, 2014
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Long-lived assets	$ 948.3		$ 1,231
VENEZUELA
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Long-lived assets		$ 15.7
Total		15.7
VENEZUELA | Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Long-lived assets		0
Total		0
VENEZUELA | Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Long-lived assets		0
Total		0
VENEZUELA | Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Long-lived assets		15.7
Total		$ 15.7

Fair Value (Fair Value of Finan

Fair Value (Fair Value of Financial Instruments) (Details) - USD ($) $ in Millions		Sep. 30, 2015	Dec. 31, 2014
Available-for-sale securities		$ 2.8	$ 2.7
Carrying Amount [Member]
Available-for-sale securities		2.8	2.7
Debt maturing within one year	[1]	(117.2)	(137.1)
Long-term debt	[1]	(2,196.3)	(2,463.9)
Foreign exchange forward contracts		0	(4.4)
Fair Value [Member]
Available-for-sale securities		2.8	2.7
Debt maturing within one year	[1]	(117.2)	(137.1)
Long-term debt	[1]	(1,717.8)	(2,242.5)
Foreign exchange forward contracts		$ 0	$ (4.4)
[1]	The carrying value of debt maturing within one year and long-term debt includes any related discount or premium and unamortized deferred gains on terminated interest-rate swap agreements, as applicable.

Derivative Instruments and He60

Derivative Instruments and Hedging Activities (Narrative) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014	Dec. 31, 2014	Jan. 31, 2013	Mar. 31, 2012
Total exposure to floating rate interest rates	5.00%		5.00%		5.00%
Foreign Exchange Contract [Member]
Notional amounts of foreign currency exchange contracts	$ 144.4		$ 144.4
Gain (Loss) on Foreign Currency Derivative Instruments Not Designated as Hedging Instruments	4.2	$ (5.1)	(3.9)	$ (5.2)
Intercompany Loans [Member]
Gain (loss) due to the effect of foreign currency exchange rates on intercompany loans	7.4	5.1	0.1	6.2
January 2013 Interest-Rate Swap Termination [Member]
Notional Amount Related to Discontinuation of Interest Rate Fair Value Hedge						$ 1,000
Deferred Gain (Loss) on Discontinuation of Interest Rate Fair Value Hedge	39.1		39.1			$ 90.4
Amortization of Interest Rate Swap Gains	3.6	3.5	10.9	10.7
March 2012 Interest-Rate Swap Termination [Member]
Notional Amount Related to Discontinuation of Interest Rate Fair Value Hedge							$ 350
Deferred Gain (Loss) on Discontinuation of Interest Rate Fair Value Hedge	24.5		24.5				$ 46.1
Amortization of Interest Rate Swap Gains	$ 1.6	$ 1.6	$ 4.9	$ 4.7

Derivative Instruments and He61

Derivative Instruments and Hedging Activities (Fair Value of Derivative Instruments Outstanding) (Details) - USD ($) $ in Millions	Sep. 30, 2015	Dec. 31, 2014
Derivatives not designated as hedges, asset	$ 3.3	$ 0.6
Derivatives not designated as hedges, liability	3.3	5
Total derivatives, asset	3.3	0.6
Total derivatives, liability	3.3	5
Foreign Exchange Forward Contracts [Member] | Prepaid expenses and other [Member]
Derivatives not designated as hedges, asset	3.3	0.6
Foreign Exchange Forward Contracts [Member] | Accounts payable [Member]
Derivatives not designated as hedges, liability	$ 3.3	$ 5

Debt (Details)

Debt (Details) - USD ($)	1 Months Ended	3 Months Ended			7 Months Ended	9 Months Ended
	Sep. 30, 2015	Sep. 30, 2015	Jun. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2013	Jun. 30, 2009	Mar. 31, 2008	Jun. 30, 2003
Debt Instrument [Line Items]
Write off of Deferred Debt Issuance Cost			$ 2,500,000
Amount outstanding under revolving credit facility	$ 0	$ 0			$ 0	$ 0
Revolving credit facility draw down amount without violating covenant	400,000,000	400,000,000			400,000,000	400,000,000
2.375% Notes Make-Whole Premium		5,000,000
Loss on extinguishment of debt		(5,500,000)		$ 0		$ (5,500,000)	$ 0
Credit ratings						Our long-term credit ratings are Ba2 (Negative Outlook) for corporate family debt, and Ba3 (Negative Outlook) for senior unsecured debt, with Moody's; B+ (Stable Outlook) with S&P; and BB- (Negative Outlook) with Fitch, which are below investment grade.
Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Line of credit facility	400,000,000	400,000,000			400,000,000	$ 400,000,000
Debt Instrument, Interest Rate Terms			Borrowings under the 2015 revolving credit facility bear interest, at our option, at a rate per annum equal to LIBOR plus 250 basis points or a floating base rate plus 150 basis points, in each case subject to adjustment based upon a leverage-based pricing grid.
2013 Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Line of credit facility	1,000,000,000	1,000,000,000			1,000,000,000	1,000,000,000
Amount drawn under credit facility	0	0			0	0
Termination penalty on revolving credit facility	$ 0	0			$ 0	$ 0
2013 Notes [Member]
Debt Instrument [Line Items]
Debt Instrument, Interest Rate Terms						The indenture governing the 2013 Notes contains interest rate adjustment provisions depending on the long-term credit ratings assigned to the 2013 Notes with S&P and Moody's. As described in the indenture, the interest rates on the 2013 Notes increase by .25% for each one-notch downgrade below investment grade on each of our long-term credit ratings assigned to the 2013 Notes by S&P or Moody's. These adjustments are limited to a total increase of 2% above the respective interest rates in effect on the date of issuance of the 2013 Notes.
Six Point Five Percent Notes Due March Two Thousand Nineteen [Member]
Debt Instrument [Line Items]
Debt Instrument, Face Amount									$ 350,000,000
Debt Instrument, Interest Rate, Stated Percentage									6.50%
Five Point Seven Five Percent Notes, Due March Two Thousand Eighteen [Member]
Debt Instrument [Line Items]
Debt Instrument, Face Amount										$ 250,000,000
Debt Instrument, Interest Rate, Stated Percentage										5.75%
Four Point Two Percent Notes, Due July Two Thousand Eighteen [Member]
Debt Instrument [Line Items]
Debt Instrument, Face Amount											$ 250,000,000
Debt Instrument, Interest Rate, Stated Percentage											4.20%
Two Point Three Seven Five Percent Notes, Due March Two Thousand Sixteen [Member]
Debt Instrument [Line Items]
Write off of Deferred Debt Issuance Cost		$ 500,000
Debt Instrument, Face Amount								$ 250,000,000
Debt Instrument, Interest Rate, Stated Percentage								2.375%
Prepayment percent		100.00%
Accrued Interest Paid on Extinguishment of 2.375% Notes		$ 3,100,000
Loss on extinguishment of debt		$ (5,500,000)
2013 Notes [Member]
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Increase (Decrease)	1.00%				0.75%	1.75%
Four Point Six Zero Percent Notes, Due March Two Thousand Twenty [Member]
Debt Instrument [Line Items]
Debt Instrument, Face Amount								$ 500,000,000
Debt Instrument, Interest Rate, Stated Percentage								4.60%
Five Point Zero Percent Notes, Due March Two Thousand Twenty-Three [Member]
Debt Instrument [Line Items]
Debt Instrument, Face Amount								$ 500,000,000
Debt Instrument, Interest Rate, Stated Percentage								5.00%
Six Point Nine Five Percent Notes, Due March Two Thousand Forty-Three [Member]
Debt Instrument [Line Items]
Debt Instrument, Face Amount								$ 250,000,000
Debt Instrument, Interest Rate, Stated Percentage								6.95%