XML 45 R33.htm IDEA: XBRL DOCUMENT
v3.10.0.1

Goodwill and Intangible Assets (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2018
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill by business segment | The changes in the carrying amount of goodwill by business segment are presented in the table below:
(in Millions) | FMC Agricultural Solutions |  | FMC Lithium |  | Total
Balance, December 31, 2017 | $ | 1,198.9 |  |  | $ | — |  |  | $ | 1,198.9 |
Purchase price allocation adjustments (See Note 4) | 281.1 |  |  | — |  |  | 281.1 |
Foreign currency and other adjustments | (13.6 | ) |  | — |  |  | (13.6 | )
Balance, September 30, 2018 | $ | 1,466.4 |  |  | $ | — |  |  | $ | 1,466.4 |
Schedule of finite-lived intangible assets | Our intangible assets, other than goodwill, consist of the following:
| September 30, 2018 |  | December 31, 2017
(in Millions) | Gross |  | Accumulated Amortization |  | Net |  | Gross |  | Accumulated Amortization |  | Net
Intangible assets subject to amortization (finite-lived)
Customer relationships | $ | 1,156.3 |  |  | $ | (116.3 | ) |  | $ | 1,040.0 |  |  | $ | 1,122.5 |  |  | $ | (73.3 | ) |  | $ | 1,049.2 |
Patents | 2.0 |  |  | (0.7 | ) |  | 1.3 |  |  | 2.0 |  |  | (0.6 | ) |  | 1.4 |
Brands (1) (3) | 14.5 |  |  | (5.8 | ) |  | 8.7 |  |  | 15.7 |  |  | (6.2 | ) |  | 9.5 |
Purchased and licensed technologies | 61.9 |  |  | (31.4 | ) |  | 30.5 |  |  | 57.3 |  |  | (28.9 | ) |  | 28.4 |
Other intangibles | 2.9 |  |  | (2.0 | ) |  | 0.9 |  |  | 2.9 |  |  | (2.0 | ) |  | 0.9 |
| $ | 1,237.6 |  |  | $ | (156.2 | ) |  | $ | 1,081.4 |  |  | $ | 1,200.4 |  |  | $ | (111.0 | ) |  | $ | 1,089.4 |
Intangible assets not subject to amortization (indefinite-lived)
Crop Protection Brands (2) | $ | 1,259.1 |  |  |  |  | $ | 1,259.1 |  |  | $ | 1,136.1 |  |  |  |  | $ | 1,136.1 |
Brands (1) (3) | 398.7 |  |  |  |  | 398.7 |  |  | 405.6 |  |  |  |  | 405.6 |
In-process research & development | 0.7 |  |  |  |  | 0.7 |  |  | 0.7 |  |  |  |  | 0.7 |
| $ | 1,658.5 |  |  |  |  | $ | 1,658.5 |  |  | $ | 1,542.4 |  |  |  |  | $ | 1,542.4 |
Total intangible assets | $ | 2,896.1 |  |  | $ | (156.2 | ) |  | $ | 2,739.9 |  |  | $ | 2,742.8 |  |  | $ | (111.0 | ) |  | $ | 2,631.8 |
____________________
(1) | Represents trademarks, trade names and know-how.
(2) | Represents the proprietary brand portfolios, consisting of trademarks, trade names and know-how, acquired from the DuPont Crop Protection Business Acquisition.
(3) | The majority of the Brands relate to our proprietary brand portfolios acquired from the Cheminova acquisition.
Schedule of indefinite-lived intangible assets | Our intangible assets, other than goodwill, consist of the following:
| September 30, 2018 |  | December 31, 2017
(in Millions) | Gross |  | Accumulated Amortization |  | Net |  | Gross |  | Accumulated Amortization |  | Net
Intangible assets subject to amortization (finite-lived)
Customer relationships | $ | 1,156.3 |  |  | $ | (116.3 | ) |  | $ | 1,040.0 |  |  | $ | 1,122.5 |  |  | $ | (73.3 | ) |  | $ | 1,049.2 |
Patents | 2.0 |  |  | (0.7 | ) |  | 1.3 |  |  | 2.0 |  |  | (0.6 | ) |  | 1.4 |
Brands (1) (3) | 14.5 |  |  | (5.8 | ) |  | 8.7 |  |  | 15.7 |  |  | (6.2 | ) |  | 9.5 |
Purchased and licensed technologies | 61.9 |  |  | (31.4 | ) |  | 30.5 |  |  | 57.3 |  |  | (28.9 | ) |  | 28.4 |
Other intangibles | 2.9 |  |  | (2.0 | ) |  | 0.9 |  |  | 2.9 |  |  | (2.0 | ) |  | 0.9 |
| $ | 1,237.6 |  |  | $ | (156.2 | ) |  | $ | 1,081.4 |  |  | $ | 1,200.4 |  |  | $ | (111.0 | ) |  | $ | 1,089.4 |
Intangible assets not subject to amortization (indefinite-lived)
Crop Protection Brands (2) | $ | 1,259.1 |  |  |  |  | $ | 1,259.1 |  |  | $ | 1,136.1 |  |  |  |  | $ | 1,136.1 |
Brands (1) (3) | 398.7 |  |  |  |  | 398.7 |  |  | 405.6 |  |  |  |  | 405.6 |
In-process research & development | 0.7 |  |  |  |  | 0.7 |  |  | 0.7 |  |  |  |  | 0.7 |
| $ | 1,658.5 |  |  |  |  | $ | 1,658.5 |  |  | $ | 1,542.4 |  |  |  |  | $ | 1,542.4 |
Total intangible assets | $ | 2,896.1 |  |  | $ | (156.2 | ) |  | $ | 2,739.9 |  |  | $ | 2,742.8 |  |  | $ | (111.0 | ) |  | $ | 2,631.8 |
____________________
(1) | Represents trademarks, trade names and know-how.
(2) | Represents the proprietary brand portfolios, consisting of trademarks, trade names and know-how, acquired from the DuPont Crop Protection Business Acquisition.
(3) | The majority of the Brands relate to our proprietary brand portfolios acquired from the Cheminova acquisition.
Schedule of intangible assets by segment | At September 30, 2018, the finite-lived and indefinite-lived intangibles were allocated among our business segments as follows:
(in Millions) | Finite-lived |  | Indefinite-lived
FMC Agricultural Solutions | $ | 1,080.5 |  |  | $ | 1,658.5 |
FMC Lithium | 0.9 |  |  | — |
Total | $ | 1,081.4 |  |  | $ | 1,658.5 |
Schedule of finite-lived intangible assets amortization expense |
| Three Months Ended September 30, |  | Nine Months Ended September 30,
(in Millions) | 2018 |  | 2017 |  | 2018 |  | 2017
Amortization expense | $ | 15.9 |  |  | $ | 5.6 |  |  | $ | 47.0 |  |  | $ | 15.9 |

X
- Definition Schedule of Intangible Assets by Segment [Table Text Block] + References No definition available. + Details
Name: | fmc_ScheduleOfIntangibleAssetsBySegmentTableTextBlock
Namespace Prefix: | fmc_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of amortization expense of assets, excluding financial assets, that lack physical substance, having a limited useful life. + References No definition available. + Details
Name: | us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance with a finite life, by either major class or business segment. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16265-109275 + Details
Name: | us-gaap_ScheduleOfFiniteLivedIntangibleAssetsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=108376223&loc=d3e13816-109267 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=108376223&loc=d3e13854-109267 + Details
Name: | us-gaap_ScheduleOfGoodwillTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance and exist in perpetuity, by either major class or business segment. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 3 -Subparagraph (b),(d) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16373-109275 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275 + Details
Name: | us-gaap_ScheduleOfIndefiniteLivedIntangibleAssetsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration