XML 18 R3.htm IDEA: XBRL DOCUMENT v3.22.4
CONSOLIDATED STATEMENTS OF INCOME (LOSS) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Income Statement [Abstract]      
Revenue $ 5,802.3 $ 5,045.2 $ 4,642.1
Costs and Expenses      
Cost of sales and services 3,475.5 2,883.9 2,595.4
Gross Margin 2,326.8 2,161.3 2,046.7
Selling, general and administrative expenses 775.2 714.1 729.7
Research and development expenses 314.2 304.7 287.9
Restructuring and other charges (income) 93.1 108.0 132.2
Total costs and expenses 4,658.0 4,010.7 3,745.2
Income from continuing operations, non-operating pension and postretirement charges (income), interest expense, net and income taxes 1,144.3 1,034.5 896.9
Non-operating pension and postretirement charges (income) 8.6 5.6 14.7
Interest income 0.0 0.0 (0.1)
Interest expense 151.8 131.1 151.3
Income (loss) from continuing operations before income taxes 983.9 897.8 731.0
Provision (benefit) for income taxes 145.2 92.5 151.2
Income (loss) from continuing operations 838.7 805.3 579.8
Restructuring and other charges (income) (97.2) (68.2) (28.3)
Net income (loss) 741.5 737.1 551.5
Less: Net income (loss) attributable to noncontrolling interests 5.0 (2.5) (0.9)
Net income (loss) attributable to FMC stockholders 736.5 739.6 552.4
Amounts attributable to FMC stockholders:      
Continuing operations, net of income taxes 833.7 807.8 580.7
Discontinued operations, net of income taxes (97.2) (68.2) (28.3)
Net income (loss) attributable to FMC stockholders $ 736.5 $ 739.6 $ 552.4
Basic earnings (loss) per common share attributable to FMC stockholders:      
Continuing operations (in dollars per share) $ 6.60 $ 6.29 $ 4.48
Discontinued operations (in dollars per share) (0.77) (0.53) (0.22)
Net income (loss) attributable to FMC stockholders (in dollars per share) 5.83 5.76 4.26
Diluted earnings (loss) per common share attributable to FMC stockholders:      
Continuing operations (in dollars per share) 6.58 6.26 4.45
Discontinued operations (in dollars per share) (0.77) (0.53) (0.22)
Net income (loss) attributable to FMC stockholders (in dollars per share) $ 5.81 $ 5.73 $ 4.23