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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2023
Dec. 31, 2022
Current assets    
Cash and cash equivalents $ 323.8 $ 572.0
Trade receivables, net of allowance of $36.7 in 2023 and $33.9 in 2022 2,564.5 2,871.4
Inventories 1,998.6 1,651.6
Prepaid and other current assets 435.4 343.6
Total current assets 5,322.3 5,438.6
Noncurrent assets    
Investments 19.3 14.5
Property, plant and equipment, net 872.5 849.6
Goodwill 1,584.7 1,589.3
Other intangibles, net 2,453.1 2,508.1
Other assets including long-term receivables, net 495.2 560.5
Deferred income taxes 209.3 210.7
Total assets 10,956.4 11,171.3
Current liabilities    
Short-term debt and current portion of long-term debt 1,092.8 540.8
Accounts payable, trade and other 662.5 1,252.2
Advance payments from customers 1.7 680.5
Accrued and other liabilities 673.1 601.8
Accrued customer rebates 809.5 465.3
Guarantees of vendor financing 95.6 142.0
Accrued pension and other postretirement benefits, current 3.5 2.3
Income taxes 107.8 114.7
Total current liabilities 3,446.5 3,799.6
Noncurrent liabilities    
Long-term debt, less current portion 3,022.9 2,733.2
Accrued pension and other postretirement benefits, long-term 29.6 31.6
Environmental liabilities, continuing and discontinued 416.0 439.1
Deferred income taxes 321.1 321.5
Other long-term liabilities 405.8 445.4
Commitments and contingent liabilities (Note 19)
Equity    
Preferred stock, no par value, authorized 5,000,000 shares; no shares issued in 2023 or 2022 0.0 0.0
Common stock, $0.10 par value, authorized 260,000,000 shares in 2023 and 2022; 185,983,792 shares issued in 2023 and 2022 18.6 18.6
Capital in excess of par value of common stock 929.5 909.2
Retained earnings 5,561.1 5,555.9
Accumulated other comprehensive income (loss) (494.5) (459.6)
Treasury stock, common, at cost - 2023: 61,224,905 shares, 2022: 60,872,988 shares (2,723.8) (2,646.2)
Total FMC stockholders’ equity 3,290.9 3,377.9
Noncontrolling interests 23.6 23.0
Total equity 3,314.5 3,400.9
Total liabilities and equity $ 10,956.4 $ 11,171.3