XML 94 R83.htm IDEA: XBRL DOCUMENT
v3.22.2

Financial Instruments, Risk Management and Fair Value Measurements - Derivatives Gain (Loss) (Details) - USD ($) $ in Millions | 3 Months Ended | 6 Months Ended
--- | --- | ---
Jun. 30, 2022 | Jun. 30, 2021 | Jun. 30, 2022 | Jun. 30, 2021
Derivatives Designated as Hedging Instruments |  |  |  |  |
Unrealized hedging gains (losses) and other, net of tax |  | $ 40.2 | $ (48.0) | $ (44.5) | $ (7.5)
Reclassification of deferred hedging (gains) losses, net of tax | [1] | 7.8 | 7.1 | 8.4 | 11.2
Total derivative instrument impact on comprehensive income, net of tax |  | 48.0 | (40.9) | (36.1) | 3.7
Designated as Cash Flow Hedges |  |  |  |  |
Derivatives Designated as Hedging Instruments |  |  |  |  |
Unrealized hedging gains (losses) and other, net of tax |  | 40.2 | (48.0) | (44.5) | (7.5)
Reclassification of deferred hedging (gains) losses, net of tax |  | 7.8 | 7.1 | 8.4 | 11.2
Total derivative instrument impact on comprehensive income, net of tax |  | 48.0 | (40.9) | (36.1) | 3.7
Designated as Cash Flow Hedges | Foreign exchange contracts |  |  |  |  |
Derivatives Designated as Hedging Instruments |  |  |  |  |
Unrealized hedging gains (losses) and other, net of tax |  | 34.1 | (44.1) | (55.5) | (10.6)
Reclassification of deferred hedging (gains) losses, net of tax |  | 7.0 | 5.5 | 6.8 | 9.4
Total derivative instrument impact on comprehensive income, net of tax |  | 41.1 | (38.6) | (48.7) | (1.2)
Designated as Cash Flow Hedges | Interest rate contracts |  |  |  |  |
Derivatives Designated as Hedging Instruments |  |  |  |  |
Unrealized hedging gains (losses) and other, net of tax |  | 6.1 | (3.9) | 11.0 | 3.1
Reclassification of deferred hedging (gains) losses, net of tax |  | 0.8 | 1.6 | 1.6 | 1.8
Total derivative instrument impact on comprehensive income, net of tax |  | 6.9 | (2.3) | 12.6 | 4.9
Not Designated as Hedging Instruments |  |  |  |  |
Derivatives Not Designated as Hedging Instruments |  |  |  |  |
Amount of pre-tax gain or (loss) recognized in income on derivatives |  | (19.0) | (15.0) | (35.2) | (27.7)
Not Designated as Hedging Instruments | Foreign exchange contracts | Cost of sales and services |  |  |  |  |
Derivatives Not Designated as Hedging Instruments |  |  |  |  |
Amount of pre-tax gain or (loss) recognized in income on derivatives |  | $ (19.0) | $ (15.0) | $ (35.2) | $ (27.7)
[1] | For more detail on the components of these reclassifications and the affected line item in the condensed consolidated statements of income (loss) see Note 14.

X
- Definition Amount of increase (decrease) in the fair value of derivatives recognized in the income statement. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4A -Subparagraph (b)(1) -URI https://asc.fasb.org/extlink&oid=125515794&loc=SL5618551-113959 + Details
Name: | us-gaap_DerivativeGainLossOnDerivativeNet
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Amount, after tax and reclassification, of gain (loss) from derivative instrument designated and qualifying as cash flow hedge included in assessment of hedge effectiveness. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 11 -URI https://asc.fasb.org/extlink&oid=126968391&loc=d3e637-108580 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 10A -Subparagraph (d) -URI https://asc.fasb.org/extlink&oid=126968391&loc=SL7669646-108580 + Details
Name: | us-gaap_OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Amount, after tax and before reclassification, of gain (loss) from derivative instrument designated and qualifying as cash flow hedge included in assessment of hedge effectiveness. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 10A -Subparagraph (d) -URI https://asc.fasb.org/extlink&oid=126968391&loc=SL7669646-108580 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 11 -URI https://asc.fasb.org/extlink&oid=126968391&loc=d3e637-108580 + Details
Name: | us-gaap_OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Amount, after tax, of reclassification of gain (loss) from accumulated other comprehensive income (AOCI) for derivative instrument designated and qualifying as cash flow hedge included in assessment of hedge effectiveness. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 15 -URI https://asc.fasb.org/extlink&oid=126968391&loc=d3e689-108580 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 11 -URI https://asc.fasb.org/extlink&oid=126968391&loc=d3e637-108580 + Details
Name: | us-gaap_OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_ReclassificationOfCashFlowHedgeGainLossAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_SummaryOfDerivativeInstrumentsByHedgeDesignationAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_HedgingDesignationAxis=us-gaap_DesignatedAsHedgingInstrumentMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DerivativeInstrumentRiskAxis=us-gaap_ForeignExchangeContractMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DerivativeInstrumentRiskAxis=us-gaap_InterestRateSwapMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_HedgingDesignationAxis=us-gaap_NondesignatedMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_IncomeStatementLocationAxis=fmc_CostOfSalesAndServicesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |