XML 61 R2.htm IDEA: XBRL DOCUMENT v3.20.4
Consolidated Statements of Income (Loss) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Income Statement [Abstract]      
Revenue $ 4,642.1 $ 4,609.8 $ 4,285.3
Costs and Expenses      
Costs of sales and services 2,590.1 2,526.2 2,405.5
Gross Margin 2,052.0 2,083.6 1,879.8
Selling, general and administrative expenses 729.7 792.9 790.0
Research and development expenses 287.9 298.1 287.7
Restructuring and other charges (income) 132.2 171.0 61.2
Total costs and expenses 3,739.9 3,788.2 3,544.4
Income from continuing operations before equity in (earnings) loss of affiliates, non-operating pension and postretirement charges (income), interest expense, net and income taxes 902.2 821.6 740.9
Equity in (earnings) loss of affiliates 0.0 0.0 (0.1)
Non-operating pension and postretirement charges (income) 21.2 8.1 (0.5)
Interest income (0.1) (1.9) (1.4)
Interest expense 151.3 160.4 134.5
Income (loss) from continuing operations before income taxes 729.8 655.0 608.4
Provision (benefit) for income taxes 150.9 111.5 70.8
Income (loss) from continuing operations 578.9 543.5 537.6
Discontinued operations, net of income taxes (28.3) (63.3) (26.1)
Net income (loss) 550.6 480.2 511.5
Less: Net income (loss) attributable to noncontrolling interests (0.9) 2.8 9.4
Net income (loss) attributable to FMC stockholders 551.5 477.4 502.1
Amounts attributable to FMC stockholders:      
Continuing operations, net of income taxes 579.8 540.7 531.4
Discontinued operations, net of income taxes (28.3) (63.3) (29.3)
Net income (loss) attributable to FMC stockholders $ 551.5 $ 477.4 $ 502.1
Basic earnings (loss) per common share attributable to FMC stockholders:      
Continuing operations (in dollars per share) $ 4.46 $ 4.12 $ 3.94
Discontinued operations (in dollars per share) (0.22) (0.48) (0.22)
Net income (loss) attributable to FMC stockholders (in dollars per share) 4.24 3.64 3.72
Diluted earnings (loss) per common share attributable to FMC stockholders:      
Continuing operations (in dollars per share) 4.44 4.10 3.91
Discontinued operations (in dollars per share) (0.22) (0.48) (0.22)
Net income (loss) attributable to FMC stockholders (in dollars per share) $ 4.22 $ 3.62 $ 3.69