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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2019
Dec. 31, 2018
Current assets    
Cash and cash equivalents $ 83.4 $ 134.4
Trade receivables, net of allowance of $29.5 in 2019 and $22.4 in 2018 2,384.0 2,143.8
Inventories 1,153.4 1,025.5
Prepaid and other current assets 476.2 432.6
Current assets of discontinued operations 0.0 293.9
Total current assets 4,097.0 4,030.2
Investments 0.7 0.7
Property, plant and equipment, net 730.3 756.9
Goodwill 1,470.7 1,468.1
Other intangibles, net 2,672.1 2,703.4
Other assets including long-term receivables, net 564.8 383.4
Deferred income taxes 288.9 272.8
Noncurrent assets of discontinued operations 0.0 358.8
Total assets 9,824.5 9,974.3
Current liabilities    
Short-term debt and current portion of long-term debt 1,094.2 547.7
Accounts payable, trade and other 785.7 795.5
Advance payments from customers 68.9 458.4
Accrued and other liabilities 584.5 570.8
Accrued customer rebates 539.9 365.3
Guarantees of vendor financing 71.5 67.1
Accrued pension and other postretirement benefits, current 6.2 6.2
Income taxes 79.2 85.1
Current liabilities of discontinued operations 0.0 97.3
Total current liabilities 3,230.1 2,993.4
Long-term debt, less current portion 2,144.3 2,145.0
Accrued pension and other postretirement benefits, long-term 46.2 47.2
Environmental liabilities, continuing and discontinued 424.0 458.5
Deferred income taxes 340.6 330.8
Other long-term liabilities 844.4 742.9
Noncurrent liabilities of discontinued operations 0.0 46.1
Commitments and contingent liabilities (Note 19)
Equity    
Preferred stock, no par value, authorized 5,000,000 shares; no shares issued in 2019 or 2018 0.0 0.0
Common stock, $0.10 par value, authorized 260,000,000 shares; 185,983,792 issued shares in 2019 and 2018 18.6 18.6
Capital in excess of par value of common stock 793.9 776.2
Retained earnings 4,210.5 4,334.3
Accumulated other comprehensive income (loss) (353.5) (308.9)
Treasury stock, common, at cost - 2019: 55,551,168 shares, 2018: 53,702,178 shares (1,905.9) (1,699.1)
Total FMC stockholders’ equity 2,763.6 3,121.1
Noncontrolling interests 31.3 89.3
Total equity 2,794.9 3,210.4
Total liabilities and equity $ 9,824.5 $ 9,974.3