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Earnings Per Share (Tables) | 9 Months Ended
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Sep. 30, 2022
Earnings Per Share [Abstract] |
Calculation of basic and diluted earnings per share | Earnings applicable to common stock and common stock shares used in the calculation of basic and diluted earnings per share are as follows:
(in Millions, Except Share and Per Share Data) | Three Months Ended September 30, |  | Nine Months Ended September 30,
2022 |  | 2021 |  | 2022 |  | 2021
Earnings (loss) attributable to FMC stockholders: |  |  |  |  |  |  |
Continuing operations, net of income taxes | $ | 137.2 |  |  | $ | 169.4 |  |  | $ | 504.8 |  |  | $ | 581.3 |
Discontinued operations, net of income taxes | (16.2) |  |  | (9.7) |  |  | (42.2) |  |  | (32.4) |
Net income (loss) attributable to FMC stockholders | $ | 121.0 |  |  | $ | 159.7 |  |  | $ | 462.6 |  |  | $ | 548.9 |
Less: Distributed and undistributed earnings allocable to restricted award holders | (0.3) |  |  | (0.4) |  |  | (1.1) |  |  | (1.3) |
Net income (loss) allocable to common stockholders | $ | 120.7 |  |  | $ | 159.3 |  |  | $ | 461.5 |  |  | $ | 547.6 |
Basic earnings (loss) per common share attributable to FMC stockholders: |  |  |  |  |  |  |
Continuing operations | $ | 1.09 |  |  | $ | 1.32 |  |  | $ | 3.99 |  |  | $ | 4.51 |
Discontinued operations | (0.13) |  |  | (0.08) |  |  | (0.33) |  |  | (0.25) |
Net income (loss) attributable to FMC stockholders | $ | 0.96 |  |  | $ | 1.24 |  |  | $ | 3.66 |  |  | $ | 4.26 |
Diluted earnings (loss) per common share attributable to FMC stockholders: |  |  |  |  |  |  |
Continuing operations | $ | 1.08 |  |  | $ | 1.32 |  |  | $ | 3.98 |  |  | $ | 4.48 |
Discontinued operations | (0.13) |  |  | (0.08) |  |  | (0.33) |  |  | (0.25) |
Net income (loss) attributable to FMC stockholders | $ | 0.95 |  |  | $ | 1.24 |  |  | $ | 3.65 |  |  | $ | 4.23 |
Shares (in thousands): |  |  |  |  |  |  |
Weighted average number of shares of common stock outstanding - Basic | 126,224 |  |  | 128,313 |  |  | 126,157 |  |  | 128,951 |
Weighted average additional shares assuming conversion of potential common shares | 667 |  |  | 678 |  |  | 722 |  |  | 763 |
Shares – diluted basis | 126,891 |  |  | 128,991 |  |  | 126,879 |  |  | 129,714 |

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 + Details
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