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Earnings Per Share (Tables) | 6 Months Ended
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Jun. 30, 2023
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 June 30, |  | Six Months Ended June 30,
2023 |  | 2022 |  | 2023 |  | 2022
Earnings (loss) attributable to FMC stockholders: |  |  |  |  |  |  |
Continuing operations, net of income taxes | $ | 52.0 |  |  | $ | 145.0 |  |  | $ | 259.5 |  |  | $ | 367.6 |
Discontinued operations, net of income taxes | (21.5) |  |  | (10.8) |  |  | (33.0) |  |  | (26.0) |
Net income (loss) attributable to FMC stockholders | $ | 30.5 |  |  | $ | 134.2 |  |  | $ | 226.5 |  |  | $ | 341.6 |
Less: Distributed and undistributed earnings allocable to restricted award holders | (0.1) |  |  | (0.3) |  |  | (0.4) |  |  | (0.6) |
Net income (loss) allocable to common stockholders | $ | 30.4 |  |  | $ | 133.9 |  |  | $ | 226.1 |  |  | $ | 341.0 |
Basic earnings (loss) per common share attributable to FMC stockholders: |  |  |  |  |  |  |
Continuing operations | $ | 0.41 |  |  | $ | 1.15 |  |  | $ | 2.07 |  |  | $ | 2.91 |
Discontinued operations | (0.17) |  |  | (0.09) |  |  | (0.26) |  |  | (0.21) |
Net income (loss) attributable to FMC stockholders | $ | 0.24 |  |  | $ | 1.06 |  |  | $ | 1.81 |  |  | $ | 2.70 |
Diluted earnings (loss) per common share attributable to FMC stockholders: |  |  |  |  |  |  |
Continuing operations | $ | 0.41 |  |  | $ | 1.15 |  |  | $ | 2.06 |  |  | $ | 2.90 |
Discontinued operations | (0.17) |  |  | (0.09) |  |  | (0.26) |  |  | (0.21) |
Net income (loss) attributable to FMC stockholders | $ | 0.24 |  |  | $ | 1.06 |  |  | $ | 1.80 |  |  | $ | 2.69 |
Shares (in thousands): |  |  |  |  |  |  |
Weighted average number of shares of common stock outstanding - Basic | 125,085 |  |  | 126,204 |  |  | 125,201 |  |  | 126,127 |
Weighted average additional shares assuming conversion of potential common shares | 579 |  |  | 742 |  |  | 682 |  |  | 754 |
Shares – diluted basis | 125,664 |  |  | 126,946 |  |  | 125,883 |  |  | 126,881 |

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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 -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-1 + Details
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