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Earnings Per Share (Tables) | 3 Months Ended
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Mar. 31, 2024
Earnings Per Share [Abstract] |
Schedule 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 March 31, |  |
2024 |  | 2023 |  |  |  |
Earnings (loss) attributable to FMC stockholders: |  |  |  |  |  |  |
Continuing operations, net of income taxes | $ | 9.8 |  |  | $ | 207.5 |  |  |  |  |
Discontinued operations, net of income taxes | (12.5) |  |  | (11.5) |  |  |  |  |
Net income (loss) attributable to FMC stockholders | $ | (2.7) |  |  | $ | 196.0 |  |  |  |  |
Less: Distributed and undistributed earnings allocable to restricted award holders | — |  |  | (0.4) |  |  |  |  |
Net income (loss) allocable to common stockholders | $ | (2.7) |  |  | $ | 195.6 |  |  |  |  |
Basic earnings (loss) per common share attributable to FMC stockholders: |  |  |  |  |  |  |
Continuing operations | $ | 0.08 |  |  | $ | 1.65 |  |  |  |  |
Discontinued operations | (0.10) |  |  | (0.09) |  |  |  |  |
Net income (loss) attributable to FMC stockholders | $ | (0.02) |  |  | $ | 1.56 |  |  |  |  |
Diluted earnings (loss) per common share attributable to FMC stockholders: |  |  |  |  |  |  |
Continuing operations | $ | 0.08 |  |  | $ | 1.64 |  |  |  |  |
Discontinued operations | (0.10) |  |  | (0.09) |  |  |  |  |
Net income (loss) attributable to FMC stockholders | $ | (0.02) |  |  | $ | 1.55 |  |  |  |  |
Shares (in thousands): |  |  |  |  |  |  |
Weighted average number of shares of common stock outstanding - Basic | 124,945 |  |  | 125,341 |  |  |  |  |
Weighted average additional shares assuming conversion of potential common shares | 297 |  |  | 790 |  |  |  |  |
Shares – diluted basis | 125,242 |  |  | 126,131 |  |  |  |  |

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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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