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Equity | 12 Months Ended
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Dec. 31, 2020
Equity [Abstract] |
Equity | Equity The following is a summary of our capital stock activity over the past three years:
| Common Stock Shares |  | Treasury Stock Shares
December 31, 2017 | 185,983,792 |  |  | 51,653,236 |
Stock options and awards | — |  |  | (390,553) |
Repurchases of common stock, net | — |  |  | 2,439,495 |
December 31, 2018 | 185,983,792 |  |  | 53,702,178 |
Stock options and awards | — |  |  | (1,563,307) |
Repurchases of common stock, net | — |  |  | 4,720,627 |
December 31, 2019 | 185,983,792 |  |  | 56,859,498 |
Stock options and awards | — |  |  | (677,827) |
Repurchases of common stock, net | — |  |  | 448,538 |
December 31, 2020 | 185,983,792 |  |  | 56,630,209 |
Accumulated other comprehensive income (loss) Summarized below is the roll forward of accumulated other comprehensive income (loss), net of tax.
(in Millions) | Foreign currency adjustments |  | Derivative Instruments (1) |  | Pension and other postretirement benefits (2) |  | Total
Accumulated other comprehensive income (loss), net of tax at December 31, 2017 | $ | (6.2) |  |  | $ | 5.2 |  |  | $ | (239.3) |  |  | $ | (240.3) |
2018 Activity |  |  |  |  |  |  |
Other comprehensive income (loss) before reclassifications | $ | (95.3) |  |  | $ | 13.7 |  |  | $ | 4.2 |  |  | $ | (77.4) |
Amounts reclassified from accumulated other comprehensive income (loss) | — |  |  | (7.7) |  |  | 16.5 |  |  | 8.8 |
Accumulated other comprehensive income (loss), net of tax at December 31, 2018 | $ | (101.5) |  |  | $ | 11.2 |  |  | $ | (218.6) |  |  | $ | (308.9) |
2019 Activity |  |  |  |  |  |  |
Other comprehensive income (loss) before reclassifications | $ | (15.2) |  |  | $ | (69.0) |  |  | $ | (6.5) |  |  | $ | (90.7) |
Amounts reclassified from accumulated other comprehensive income (loss) | — |  |  | (8.2) |  |  | 9.9 |  |  | 1.7 |
Net current period other comprehensive income (loss) | $ | (15.2) |  |  | $ | (77.2) |  |  | $ | 3.4 |  |  | $ | (89.0) |
Adoption of accounting standard (Note 2) | — |  |  | 1.0 |  |  | (54.1) |  |  | $ | (53.1) |
Distribution of FMC Lithium (3) | 39.0 |  |  | — |  |  | — |  |  | 39.0 |
Accumulated other comprehensive income (loss), net of tax at December 31, 2019 | $ | (77.7) |  |  | $ | (65.0) |  |  | $ | (269.3) |  |  | $ | (412.0) |
2020 Activity |  |  |  |  |  |  |
Other comprehensive income (loss) before reclassifications | $ | 101.7 |  |  | $ | (2.5) |  |  | $ | 18.9 |  |  | $ | 118.1 |
Amounts reclassified from accumulated other comprehensive income (loss) | — |  |  | (4.3) |  |  | 16.0 |  |  | 11.7 |
Accumulated other comprehensive income (loss), net of tax at December 31, 2020 | $ | 24.0 |  |  | $ | (71.8) |  |  | $ | (234.4) |  |  | $ | (282.2) |
____________________ (1)See Note 19 for more information. (2)See Note 15 for more information. (3)Represents the effects of the distribution of FMC Lithium. Reclassifications of accumulated other comprehensive income (loss) The table below provides details about the reclassifications from accumulated other comprehensive income (loss) and the affected line items in the consolidated statements of income (loss) for each of the periods presented.
Details about Accumulated Other Comprehensive Income (Loss) Components |  | Amounts Reclassified from Accumulated Other Comprehensive Income (Loss) (1) |  | Affected Line Item in the Consolidated Statements of Income (Loss)
|  | Year Ended December 31, |  |
(in Millions) |  | 2020 |  | 2019 |  | 2018 |  |
Derivative instruments: |  |  |  |  |  |  |  |
Foreign currency contracts |  | $ | 24.6 |  |  | $ | 10.0 |  |  | $ | 18.9 |  |  | Costs of sales and services
Foreign currency contracts |  | (19.3) |  |  | 1.9 |  |  | (8.0) |  |  | Selling, general and administrative expenses
Interest rate contracts |  | (2.7) |  |  | (0.7) |  |  | (0.4) |  |  | Interest expense
Total before tax |  | $ | 2.6 |  |  | $ | 11.2 |  |  | $ | 10.5 |  |  |
|  | 1.7 |  |  | (3.0) |  |  | (2.8) |  |  | Provision for income taxes
Amount included in net income |  | $ | 4.3 |  |  | $ | 8.2 |  |  | $ | 7.7 |  |  |
Pension and other postretirement benefits (2): |  |  |  |  |  |  |  |
Amortization of prior service costs |  | $ | (0.3) |  |  | $ | (0.3) |  |  | $ | (0.3) |  |  | Selling, general and administrative expenses
Amortization of unrecognized net actuarial and other gains (losses) |  | (19.2) |  |  | (10.8) |  |  | (14.4) |  |  | Non-operating pension and postretirement charges (income)
Recognized loss due to settlement/curtailment |  | (0.7) |  |  | (1.4) |  |  | (6.1) |  |  | Non-operating pension and postretirement charges (income); Discontinued operations, net of income taxes
Total before tax |  | $ | (20.2) |  |  | $ | (12.5) |  |  | $ | (20.8) |  |  |
|  | 4.2 |  |  | 2.6 |  |  | 4.3 |  |  | Provision for income taxes; Discontinued operations, net of income taxes
Amount included in net income |  | $ | (16.0) |  |  | $ | (9.9) |  |  | $ | (16.5) |  |  |
Total reclassifications for the period |  | $ | (11.7) |  |  | $ | (1.7) |  |  | $ | (8.8) |  |  | Amount included in net income
____________________ (1)Amounts in parentheses indicate charges to the consolidated statements of income (loss). (2)Pension and other postretirement benefits amounts include the impact from both continuing and discontinued operations. For detail on the continuing operations components of pension and other postretirement benefits, see Note 15. Transactions with Noncontrolling Interest In July 2020, we purchased the remaining 49 percent ownership interest in our Indonesia joint venture, PT Bina Guna Kimia ("BGK"), for $7.4 million which increased our ownership from 51 percent to 100 percent. As a result of the IPO and underwriters' exercise to purchase additional shares of common stock in the fourth quarter of 2018, our controlling interest in FMC Lithium was approximately 84 percent. On March 1, 2019, we completed the previously announced distribution of the remaining shares of common stock of Livent. See Note 1 for further information. Dividends and Share Repurchases On January 21, 2021, we paid dividends totaling $62.3 million to our shareholders of record as of December 31, 2020. This amount is included in "Accrued and other liabilities" on the consolidated balance sheets as of December 31, 2020. For the years ended December 31, 2020, 2019 and 2018, we paid $228.5 million, $210.3 million and $89.2 million in dividends, respectively. In 2020, 0.4 million shares were repurchased under the publicly announced repurchase program. At December 31, 2020, approximately $550 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.

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- Definition The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08(e)(1)) -URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -URI http://asc.fasb.org/extlink&oid=120397183&loc=d3e187085-122770 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -URI http://asc.fasb.org/topic&trid=2208762 + Details
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