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Quarterly Financial Information (Unaudited) (Tables) | 12 Months Ended
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Dec. 31, 2022
Quarterly Financial Information Disclosure [Abstract] |
Schedule of Quarterly Financial Information |
(in Millions, Except Share and Per Share Data) | 2022 |  | 2021
1Q |  | 2Q |  | 3Q |  | 4Q |  | 1Q |  | 2Q |  | 3Q |  | 4Q
Revenue | $ | 1,350.8 |  |  | $ | 1,452.3 |  |  | $ | 1,377.2 |  |  | $ | 1,622.0 |  |  | $ | 1,195.6 |  |  | $ | 1,242.0 |  |  | $ | 1,194.0 |  |  | $ | 1,413.6 |
Gross margin | 572.7 |  |  | 591.0 |  |  | 477.5 |  |  | 685.6 |  |  | 511.1 |  |  | 530.6 |  |  | 511.5 |  |  | 608.1 |
Income (loss) from continuing operations before equity in (earnings) loss of affiliates, non-operating pension and postretirement charges (income), interest expense, net and income taxes | 303.3 |  |  | 235.9 |  |  | 210.6 |  |  | 394.5 |  |  | 259.4 |  |  | 287.4 |  |  | 215.7 |  |  | 272.0 |
Income (loss) from continuing operations | 226.8 |  |  | 142.0 |  |  | 134.5 |  |  | 335.4 |  |  | 193.2 |  |  | 219.6 |  |  | 171.9 |  |  | 220.6 |
Discontinued operations, net of income taxes | (15.2) |  |  | (10.8) |  |  | (16.2) |  |  | (55.0) |  |  | (8.1) |  |  | (14.6) |  |  | (9.7) |  |  | (35.8) |
Net income (loss) | $ | 211.6 |  |  | $ | 131.2 |  |  | $ | 118.3 |  |  | $ | 280.4 |  |  | $ | 185.1 |  |  | $ | 205.0 |  |  | $ | 162.2 |  |  | $ | 184.8 |
Less: Net income (loss) attributable to noncontrolling interests | 4.2 |  |  | (3.0) |  |  | (2.7) |  |  | 6.5 |  |  | 0.6 |  |  | 0.3 |  |  | 2.5 |  |  | (5.9) |
Net income (loss) attributable to FMC stockholders | $ | 207.4 |  |  | $ | 134.2 |  |  | $ | 121.0 |  |  | $ | 273.9 |  |  | $ | 184.5 |  |  | $ | 204.7 |  |  | $ | 159.7 |  |  | $ | 190.7 |
Amounts attributable to FMC stockholders: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Continuing operations, net of income taxes | $ | 222.6 |  |  | $ | 145.0 |  |  | $ | 137.2 |  |  | $ | 328.9 |  |  | $ | 192.6 |  |  | $ | 219.3 |  |  | $ | 169.4 |  |  | $ | 226.5 |
Discontinued operations, net of income taxes | (15.2) |  |  | (10.8) |  |  | (16.2) |  |  | (55.0) |  |  | (8.1) |  |  | (14.6) |  |  | (9.7) |  |  | (35.8) |
Net income (loss) | $ | 207.4 |  |  | $ | 134.2 |  |  | $ | 121.0 |  |  | $ | 273.9 |  |  | $ | 184.5 |  |  | $ | 204.7 |  |  | $ | 159.7 |  |  | $ | 190.7 |
Basic earnings (loss) per common share attributable to FMC stockholders (1): |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Continuing operations | $ | 1.77 |  |  | $ | 1.15 |  |  | $ | 1.09 |  |  | $ | 2.61 |  |  | $ | 1.48 |  |  | $ | 1.70 |  |  | $ | 1.32 |  |  | $ | 1.79 |
Discontinued operations | (0.12) |  |  | (0.09) |  |  | (0.13) |  |  | (0.44) |  |  | (0.06) |  |  | (0.11) |  |  | (0.08) |  |  | (0.28) |
Basic net income (loss) per common share | $ | 1.65 |  |  | $ | 1.06 |  |  | $ | 0.96 |  |  | $ | 2.17 |  |  | $ | 1.42 |  |  | $ | 1.59 |  |  | $ | 1.24 |  |  | $ | 1.51 |
Diluted earnings (loss) per common share attributable to FMC stockholders (1): |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Continuing operations | $ | 1.76 |  |  | $ | 1.15 |  |  | $ | 1.08 |  |  | $ | 2.61 |  |  | $ | 1.48 |  |  | $ | 1.69 |  |  | $ | 1.32 |  |  | $ | 1.78 |
Discontinued operations | (0.12) |  |  | (0.09) |  |  | (0.13) |  |  | (0.44) |  |  | (0.06) |  |  | (0.11) |  |  | (0.08) |  |  | (0.28) |
Diluted net income (loss) per common share | $ | 1.64 |  |  | $ | 1.06 |  |  | $ | 0.95 |  |  | $ | 2.17 |  |  | $ | 1.42 |  |  | $ | 1.58 |  |  | $ | 1.24 |  |  | $ | 1.50 |
Weighted average shares outstanding: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic | 126.1 |  |  | 126.2 |  |  | 126.2 |  |  | 125.6 |  |  | 129.5 |  |  | 129.1 |  |  | 128.3 |  |  | 126.6 |
Diluted | 126.8 |  |  | 126.9 |  |  | 126.9 |  |  | 126.4 |  |  | 130.3 |  |  | 129.9 |  |  | 129.0 |  |  | 127.4 |
____________________(1)The sum of quarterly earnings per common share may differ from the full-year amount.

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