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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2022
Dec. 31, 2021
Current assets    
Cash and cash equivalents $ 365.1 $ 516.8
Trade receivables, net of allowance of $39.6 in 2022 and $37.4 in 2021 2,868.6 2,583.7
Inventories 1,590.7 1,405.7
Prepaid and other current assets 474.0 431.4
Total current assets 5,298.4 4,937.6
Investments 10.2 9.2
Property, plant and equipment, net 804.1 817.0
Goodwill 1,463.1 1,463.3
Other intangibles, net 2,491.5 2,521.9
Other assets including long-term receivables, net 614.1 613.8
Deferred income taxes 223.4 218.5
Total assets 10,904.8 10,581.3
Current liabilities    
Short-term debt and current portion of long-term debt 1,040.4 440.8
Accounts payable, trade and other 1,057.4 1,135.0
Advance payments from customers 40.0 630.7
Accrued and other liabilities 678.8 631.2
Accrued customer rebates 653.3 406.7
Guarantees of vendor financing 261.1 206.2
Accrued pension and other postretirement benefits, current 4.3 4.3
Income taxes 94.0 65.4
Total current liabilities 3,829.3 3,520.3
Long-term debt, less current portion 2,732.4 2,731.7
Accrued pension and other postretirement benefits, long-term 40.2 41.8
Environmental liabilities, continuing and discontinued 393.6 415.9
Deferred income taxes 339.2 342.4
Other long-term liabilities 487.9 477.3
Commitments and contingent liabilities (Note 18)
Equity    
Preferred stock, no par value, authorized 5,000,000 shares; no shares issued in 2022 or 2021 0.0 0.0
Common stock, $0.10 par value, authorized 260,000,000 shares; 185,983,792 issued shares in 2022 and 2021 18.6 18.6
Capital in excess of par value of common stock 890.9 880.4
Retained earnings 5,131.8 4,991.3
Accumulated other comprehensive income (loss) (435.6) (315.7)
Treasury stock, common, at cost - 2022: 60,044,517 shares, 2021: 60,284,313 shares (2,546.6) (2,542.1)
Total FMC stockholders’ equity 3,059.1 3,032.5
Noncontrolling interests 23.1 19.4
Total equity 3,082.2 3,051.9
Total liabilities and equity $ 10,904.8 $ 10,581.3