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Equity
 3 Months Ended
Mar. 31, 2014
Equity [Abstract]  
Equity
Equity
Refer to the table below for a reconciliation of equity, equity attributable to the parent, and equity attributable to noncontrolling interests for the three months ended March 31, 2014: 
(in Millions, Except Per Share Data)
FMC
Stockholders’
Equity
 
Noncontrolling
Interest
 
Total
Equity
Balance at December 31, 2013
$
1,519.8

 
$
52.3

 
$
1,572.1

Net income
65.6

 
4.8

 
70.4

Stock compensation plans
9.1

 
—

 
9.1

Excess tax benefits from share-based compensation
3.4

 
—

 
3.4

Shares for benefit plan trust
(0.5
)
 
—

 
(0.5
)
Net pension and other benefit actuarial gains/(losses) and prior service costs, net of income tax (1)
6.5

 
—

 
6.5

Net hedging gains/(losses) and other, net of income tax (1)
3.6

 
—

 
3.6

Foreign currency translation adjustments (1)
49.6

 
0.3

 
49.9

Dividends ($0.15 per share)
(20.1
)
 
—

 
(20.1
)
Repurchases of common stock
(4.0
)
 
—

 
(4.0
)
Distributions to noncontrolling interests
—

 
(3.0
)
 
(3.0
)
Balance at March 31, 2014
$
1,633.0

 
$
54.4

 
$
1,687.4


____________________
(1)
See condensed consolidated statements of comprehensive income.
Dividends and Share Repurchases
For the three months ended March 31, 2014 and 2013, we paid $18.0 million and $18.7 million, respectively, in dividends declared in previous periods. On April 17, 2014, we paid dividends totaling $20.1 million to our shareholders of record as of March 31, 2014. This amount is included in “Accrued and other liabilities” on the condensed consolidated balance sheet as of March 31, 2014.
 
During the three months ended March 31, 2014, we did not repurchase any shares under the publicly announced repurchase program. At March 31, 2014, $250.0 million remained unused under our Board-authorized repurchase program. This repurchase program does not include a specific timetable or price targets and may be suspended or terminated at any time. Shares may be purchased through open market or privately negotiated transactions at the discretion of management based on its evaluation of market conditions and other factors. We also reacquire shares from time to time from employees in connection with the vesting, exercise and forfeiture of awards under our equity compensation plans.