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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 30, 2024
Dec. 31, 2023
Current assets    
Cash and cash equivalents $ 471.5 $ 302.4
Trade receivables, net of allowance of $34.4 in 2024 and $29.1 in 2023 2,702.4 2,703.2
Inventories 1,435.0 1,724.6
Prepaid and other current assets 601.3 398.9
Total current assets 5,210.2 5,129.1
Noncurrent assets    
Investments 22.8 19.8
Property, plant and equipment, net 861.1 892.5
Goodwill 1,509.2 1,593.6
Other intangibles, net 2,413.2 2,465.1
Other assets including long-term receivables, net 450.1 489.5
Deferred income taxes 1,664.1 1,336.6
Total assets 12,130.7 11,926.2
Current liabilities    
Short-term debt and current portion of long-term debt 1,153.3 934.0
Accounts payable, trade and other 697.3 602.4
Advance payments from customers 0.8 482.1
Accrued and other liabilities 700.3 684.8
Accrued customer rebates 780.8 480.9
Guarantees of vendor financing 63.9 69.6
Accrued pension and other postretirement benefits, current 6.4 6.4
Income taxes 120.3 124.4
Total current liabilities 3,523.1 3,384.6
Noncurrent liabilities    
Long-term debt, less current portion 3,025.8 3,023.6
Accrued pension and other postretirement benefits, long-term 23.5 24.4
Environmental liabilities, continuing and discontinued 466.3 494.7
Deferred income taxes 109.9 158.1
Other long-term liabilities 401.4 407.4
Commitments and contingent liabilities (Note 18)
Equity    
Preferred stock, no par value, authorized $5,000,000 shares; no shares issued in 2024 or 2023 0.0 0.0
Common stock, $0.10 par value, authorized $260,000,000 shares in 2024 and 2023; $185,983,792 shares issued in 2024 and 2023 18.6 18.6
Capital in excess of par value of common stock 955.6 935.6
Retained earnings 6,734.2 6,587.1
Accumulated other comprehensive income (loss) (424.3) (406.5)
Treasury stock, common, at cost - 2024: $61,159,428 shares, 2023: $61,223,032 shares (2,724.7) (2,723.9)
Total FMC stockholders’ equity 4,559.4 4,410.9
Noncontrolling interests 21.3 22.5
Total equity 4,580.7 4,433.4
Total liabilities and equity $ 12,130.7 $ 11,926.2