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Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2012
Earnings Per Share [Abstract]  
Calculation of basic and diluted earnings per share
Earnings applicable to common stock and common stock shares used in the calculation of basic and diluted earnings per share are as follows:
(in Millions, Except Share and Per Share Data)
Three Months Ended September 30
 
Nine Months Ended September 30
2012
 
2011
 
2012
 
2011
Earnings (loss) attributable to FMC stockholders:
 
 
 
 
 
 
 
Income from continuing operations attributable to FMC stockholders
$
96.3

 
$
93.1

 
$
335.8

 
$
311.2

Discontinued operations, net of income taxes
(6.3
)
 
(6.3
)
 
(21.8
)
 
(23.2
)
Net income
$
90.0

 
$
86.8

 
$
314.0

 
$
288.0

Less: Distributed and undistributed earnings allocable to restricted award holders
(0.4
)
 
(0.4
)
 
(1.4
)
 
(1.4
)
Net income allocable to common stockholders
$
89.6

 
$
86.4

 
$
312.6

 
$
286.6

 
 
 
 
 
 
 
 
Basic earnings (loss) per common share attributable to FMC stockholders:
 
 
 
 
 
 
 
Continuing operations
$
0.70

 
$
0.65

 
$
2.43

 
$
2.17

Discontinued operations
(0.05
)
 
(0.04
)
 
(0.16
)
 
(0.16
)
Net income
$
0.65

 
$
0.61

 
$
2.27

 
$
2.01

 
 
 
 
 
 
 
 
Diluted earnings (loss) per common share attributable to FMC stockholders:
 
 
 
 
 
 
 
Continuing operations
$
0.70

 
$
0.65

 
$
2.42

 
$
2.16

Discontinued operations
(0.05
)
 
(0.04
)
 
(0.16
)
 
(0.16
)
Net income
$
0.65

 
$
0.61

 
$
2.26

 
$
2.00

 
 
 
 
 
 
 
 
Shares (in thousands):
 
 
 
 
 
 
 
Weighted average number of shares of common stock outstanding - Basic
137,373

 
141,942

 
137,731

 
142,602

Weighted average additional shares assuming conversion of potential common shares
1,015

 
1,126

 
1,123

 
1,252

Shares – diluted basis
138,388

 
143,068

 
138,854

 
143,854