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Quarterly Financial Information (Unaudited) | 12 Months Ended
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Dec. 31, 2018
Quarterly Financial Information Disclosure [Abstract] |
Quarterly Financial Information (Unaudited) | Quarterly Financial Information (Unaudited)
(in Millions, Except Share and Per Share Data) | 2018 |  | 2017
1Q |  | 2Q |  | 3Q |  | 4Q |  | 1Q |  | 2Q |  | 3Q |  | 4Q
Revenue | $ | 1,107.9 |  |  | $ | 1,154.4 |  |  | $ | 923.6 |  |  | $ | 1,099.4 |  |  | $ | 530.4 |  |  | $ | 582.8 |  |  | $ | 551.8 |  |  | $ | 866.2 |
Gross margin | 502.5 |  |  | 490.4 |  |  | 395.2 |  |  | 491.7 |  |  | 189.2 |  |  | 204.0 |  |  | 223.6 |  |  | 335.0 |
Income (loss) from continuing operations before equity in (earnings) loss of affiliates, non-operating pension and postretirement charges (income), interest expense, net and income taxes | 325.0 |  |  | 133.3 |  |  | 105.1 |  |  | 177.5 |  |  | 43.6 |  |  | 43.4 |  |  | 37.1 |  |  | 34.4 |
Income (loss) from continuing operations (1) | 230.2 |  |  | 99.8 |  |  | 50.9 |  |  | 156.7 |  |  | 27.6 |  |  | 36.5 |  |  | 42.2 |  |  | (239.4 | )
Discontinued operations, net of income taxes (2) | 39.4 |  |  | 32.7 |  |  | 23.9 |  |  | (122.1 | ) |  | (151.4 | ) |  | 38.8 |  |  | 13.6 |  |  | 770.5 |
Net income (loss) | $ | 269.6 |  |  | $ | 132.5 |  |  | $ | 74.8 |  |  | $ | 34.6 |  |  | $ | (123.8 | ) |  | $ | 75.3 |  |  | $ | 55.8 |  |  | $ | 531.1 |
Less: Net income (loss) attributable to noncontrolling interests | 2.4 |  |  | 2.8 |  |  | 2.0 |  |  | 2.2 |  |  | 0.4 |  |  | 0.6 |  |  | 0.6 |  |  | 1.0 |
Net income (loss) attributable to FMC stockholders | $ | 267.2 |  |  | $ | 129.7 |  |  | $ | 72.8 |  |  | $ | 32.4 |  |  | $ | (124.2 | ) |  | $ | 74.7 |  |  | $ | 55.2 |  |  | $ | 530.1 |
Amounts attributable to FMC stockholders: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Continuing operations, net of income taxes | $ | 227.8 |  |  | $ | 97.0 |  |  | $ | 48.9 |  |  | $ | 157.7 |  |  | $ | 27.1 |  |  | $ | 36.0 |  |  | $ | 41.7 |  |  | $ | (240.5 | )
Discontinued operations, net of income taxes | 39.4 |  |  | 32.7 |  |  | 23.9 |  |  | (125.3 | ) |  | (151.3 | ) |  | 38.7 |  |  | 13.5 |  |  | 770.6 |
Net income (loss) | $ | 267.2 |  |  | $ | 129.7 |  |  | $ | 72.8 |  |  | $ | 32.4 |  |  | $ | (124.2 | ) |  | $ | 74.7 |  |  | $ | 55.2 |  |  | $ | 530.1 |
Basic earnings (loss) per common share attributable to FMC stockholders (3): |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Continuing operations | $ | 1.69 |  |  | $ | 0.72 |  |  | $ | 0.36 |  |  | $ | 1.17 |  |  | $ | 0.20 |  |  | $ | 0.28 |  |  | $ | 0.31 |  |  | $ | (1.79 | )
Discontinued operations | 0.29 |  |  | 0.24 |  |  | 0.18 |  |  | (0.93 | ) |  | (1.13 | ) |  | 0.28 |  |  | 0.10 |  |  | 5.73 |
Basic net income (loss) per common share | $ | 1.98 |  |  | $ | 0.96 |  |  | $ | 0.54 |  |  | $ | 0.24 |  |  | $ | (0.93 | ) |  | $ | 0.56 |  |  | $ | 0.41 |  |  | $ | 3.94 |
Diluted earnings (loss) per common share attributable to FMC stockholders (3): |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Continuing operations | $ | 1.67 |  |  | $ | 0.72 |  |  | $ | 0.36 |  |  | $ | 1.17 |  |  | $ | 0.20 |  |  | $ | 0.28 |  |  | $ | 0.31 |  |  | $ | (1.79 | )
Discontinued operations | 0.29 |  |  | 0.24 |  |  | 0.18 |  |  | (0.93 | ) |  | (1.12 | ) |  | 0.28 |  |  | 0.10 |  |  | 5.73 |
Diluted net income (loss) per common share | $ | 1.96 |  |  | $ | 0.96 |  |  | $ | 0.54 |  |  | $ | 0.24 |  |  | $ | (0.92 | ) |  | $ | 0.56 |  |  | $ | 0.41 |  |  | $ | 3.94 |
Weighted average shares outstanding: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic | 134.6 |  |  | 134.8 |  |  | 134.9 |  |  | 133.7 |  |  | 134.0 |  |  | 134.2 |  |  | 134.4 |  |  | 134.5 |
Diluted | 136.2 |  |  | 136.2 |  |  | 136.4 |  |  | 135.1 |  |  | 135.1 |  |  | 135.6 |  |  | 135.9 |  |  | 134.5 |
____________________
(1) | The Company recorded a provisional income tax expense of $303.6 million as a result of the enactment of the Act during the fourth quarter of 2017. See Note 12 for more details.
(2) | In the first quarter of 2017, we recorded an impairment charge associated with our discontinued Omega-3 business. In the fourth quarter of 2017, we recorded a gain on sale of the FMC Health and Nutrition business. See Note 10 for more details.
(3) The sum of quarterly earnings per common share may differ from the full-year amount.

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- Definition The entire disclosure for quarterly financial data. Includes, but is not limited to, tabular presentation of financial information for fiscal quarters, effect of year-end adjustments, and an explanation of matters or transactions that affect comparability of the information. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -URI http://asc.fasb.org/topic&trid=2126967 + Details
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