SUPPLEMENTAL BALANCE SHEET INFORMATION

3 Months Ended

Mar. 31, 2023

Organization, Consolidation and Presentation of Financial Statements [Abstract]

At March 31, 2023 and December 31, 2022, prepaid expenses and other included the following:


Components of Prepaid Expenses and Other	March 31, 2023		December 31, 2022
Prepaid taxes and tax refunds receivable	$	94.1	$	60.9
Receivables other than trade	18.4		18.8
Prepaid brochure costs, paper and other literature	9.2		7.4
Other	47.5		40.8
Prepaid expenses and other	$	169.2	$	127.9

At March 31, 2023 and December 31, 2022, other assets included the following:


Components of Other Assets	March 31, 2023		December 31, 2022
Net overfunded pension plans	$	114.4	$	110.7
Capitalized software	81.1		73.5
Judicial deposits	19.6		23.4
Long-term receivables including Taxes	174.1		198.3
Trust assets associated with supplemental benefit plans	28.5		28.5
Other	10.2		11.1
Other assets	$	427.9	$	445.5

Prepaid taxes and tax refunds receivable and long-term receivables include approximately $130.6 and $133.0 related to certain Brazil indirect taxes as of March 31, 2023 and December 31, 2022, respectively. During the second quarter of 2021, the Brazilian Supreme Federal Court ruled on a Motion of Clarification which supported the recognition of additional receivable balances related to certain Brazil indirect taxes.

AVON PRODUCTS INC 10-Q