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Segment Information (Tables)
 3 Months Ended
Mar. 31, 2013
Segment Reporting [Abstract]  
Segment reporting information by segment
(in Millions)
Three Months Ended March 31
2013
 
2012
Revenue
 
 
 
Agricultural Products
$
495.2

 
$
454.2

Specialty Chemicals
236.0

 
215.9

Industrial Chemicals
259.6

 
272.6

Eliminations
(0.6
)
 
(2.0
)
Total
$
990.2

 
$
940.7

Income from continuing operations before income taxes
 
 
Agricultural Products
$
163.3

 
$
130.5

Specialty Chemicals
45.5

 
43.0

Industrial Chemicals
32.9

 
52.2

Eliminations
(0.1
)
 
0.1

Segment operating profit
241.6

 
225.8

Corporate and other
(19.8
)
 
(23.5
)
Operating profit before the items listed below
221.8

 
202.3

Restructuring and other (charges) income (1)
(9.9
)
 
(1.7
)
Interest expense, net
(11.7
)
 
(11.3
)
Non-operating pension and postretirement (charges) income (2)
(12.7
)
 
(9.1
)
Acquisition-related charges (3)
—

 
(3.4
)
Provision for income taxes
(47.3
)
 
(44.8
)
Discontinued operations, net of income taxes
(5.2
)
 
(7.4
)
Net income attributable to noncontrolling interests
$
(4.1
)
 
$
(5.5
)
Net income attributable to FMC stockholders
$
130.9

 
$
119.1

_________________________________________
(1)
See Note 7 for details of restructuring and other charges (income). Amounts for the three months ended March 31, 2013, relate to Agricultural Products of $0.6 million, Specialty Chemicals of $7.6 million, Industrial Chemicals of $0.6 million and Corporate of $1.1 million. Amounts for the three months ended March 31, 2012, relate to Agricultural Products of $0.4 million, Specialty Chemicals of $(0.2) million, Industrial Chemicals of $0.9 million and Corporate of $0.6 million.
(2)
Our non-operating pension and postretirement costs are defined as those costs related to interest, expected return on plan assets, amortized actuarial gains and losses and the impacts of any plan curtailments or settlements. These costs are primarily related to changes in pension plan assets and liabilities which are tied to financial market performance and we consider these costs to be outside our operational performance. We exclude these non-operating pension and postretirement costs from our segments as we believe that removing them provides a better understanding of the underlying profitability of our businesses, provides increased transparency and clarity in the performance of our retirement plans and enhances period-over-period comparability. We continue to include the service cost and amortization of prior service cost in our operating segments noted above. We believe these elements reflect the current year operating costs to our businesses for the employment benefits provided to active employees.
(3)
These charges were related to the expensing of the inventory fair value step-up resulting from the application of purchase accounting. The charges for the three months ended March 31, 2012 primarily relate to a number of acquisitions completed in 2011. On the condensed consolidated statements of income, the charges presented are included in “Costs of sales and services”. No such charges occurred for the three months ended March 31, 2013.