NEW YORK (AP) — Avon Products Inc. will pay $135 million to settle a long-standing U.S. government probe into whether the cosmetics company paid bribes in China and other countries to gain favors.

Avon, the world’s largest direct seller of cosmetics, said it would fork over $68 million to the Justice Department and $67 million to resolve the dispute with the Securities and Exchange Commission. The preliminary resolution still needs SEC authorization and court approval, according to documents filed with the regulatory agency Thursday.