XML 17 R54.htm IDEA: XBRL DOCUMENT v2.4.0.8
Discontinued Operations (Details) (USD $)
In Millions, unless otherwise specified
 3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Dec. 31, 2013
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]      
Proceeds from FMC Peroxygens divestiture $ 199.1 $ 0  
Proceeds from Divestiture of Businesses, after tax 193.0    
Discontinued Operation, Gain (Loss) from Disposal of Discontinued Operation, before Income Tax 10.1    
Discontinued Operation, Gain (Loss) on Disposal of Discontinued Operation, Net of Tax 39.0    
Current assets of discontinued operations held for sale 0   198.3
Interest Expense Allocated to FMC Peroxygens Discontinued Operations 0.8 1.2  
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest (50.1) (3.2)  
Discontinued Operations, tax effect of workers' compensation, product liability and other postretirement benefits 0 0.1  
Discontinued Operation, tax effect of provision for environmental and legal 2.7 1.3  
Discontinued Operations, tax effect of provision for legal expenses 2.3 2.0  
Discontinued Operations, tax effect of Restructuring Activities 0 0.2  
Discontinued Operations, tax effect of Peroxygens Segment Operations (29.3) (2.1)  
Current liabilities of discontinued operations held for sale 0   48.2
Discontinued workers' compensation, product liability and other postretirement benefits [Member]
      
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]      
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest (0.1) 0.1  
Discontinued Environmental Liabilities [Member]
      
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]      
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest (4.8) [1] (2.0) [1]  
Discontinued Legal Expenses [Member]
      
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]      
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest (3.8) (3.3)  
Discontinued restructuring charges [Member]
      
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]      
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest (1.4) [2] (0.4) [2]  
FMC Peroxygens [Member]
      
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]      
Current assets of discontinued operations held for sale     94.8
Revenue 55.5 79.5  
Income from discontinued operations before income taxes (1) (10.7) [3] 4.5 [3]  
Provision for income taxes 29.3 2.1  
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest (40.0) 2.4  
Discontinued operations of FMC Peroxygens, net of income taxes, before divestiture related costs (2) (40.0) 2.4  
Property, plant & equipment     61.1
Goodwill     0
Intangible assets, net     2.7
Noncurrent assets of discontinued operations held for sale     39.7
Noncurrent assets of discontinued operations held for sale     103.5 [4]
Total Assets     198.3
Current liabilities of discontinued operations held for sale     43.0
Noncurrent liabilities of discontinued operations held for sale     5.2 [4]
Total Liabilities     48.2
Net Assets     $ 150.1 [5]
[1] See a roll forward of our environmental reserves as well as discussion on significant environmental issues that occurred during the 2014 in Note 11.
[2] See roll forward of our restructuring reserves in Note 7.
[3] Includes allocated interest expense of $0.8 million and $1.2 million for the three months ended March 31, 2014 and 2013, respectively. Interest was allocated in accordance with relevant discontinued operations accounting guidance. Interest expense allocated in 2014 was prior to the completed sale. Income from discontinued operations before income taxes for 2014 includes the pre-tax loss of $10.1 million discussed in the preceding paragraph.
[4] Presented as "Current assets\liabilities of discontinued operations held for sale" on the condensed and consolidated balance sheet as of December 31, 2013.
[5] Excludes the net cumulative translation adjustment (CTA) losses of our foreign FMC Peroxygens operations. See Note 14 for the CTA loss recognized upon the divestiture of FMC Peroxygens.