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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 30, 2024
Dec. 31, 2023
Current assets    
Cash and cash equivalents $ 416.7 $ 302.4
Trade receivables, net of allowance of $41.5 in 2024 and $29.1 in 2023 2,890.5 2,703.2
Inventories 1,392.1 1,724.6
Prepaid and other current assets 616.2 398.9
Total current assets 5,315.5 5,129.1
Noncurrent assets    
Investments 25.3 19.8
Property, plant and equipment, net 869.4 892.5
Goodwill 1,517.8 1,593.6
Other intangibles, net 2,421.7 2,465.1
Other assets including long-term receivables, net 447.9 489.5
Deferred income taxes 1,621.1 1,336.6
Total assets 12,218.7 11,926.2
Current liabilities    
Short-term debt and current portion of long-term debt 1,043.2 934.0
Accounts payable, trade and other 802.9 602.4
Advance payments from customers 0.4 482.1
Accrued and other liabilities 739.3 684.8
Accrued customer rebates 835.1 480.9
Guarantees of vendor financing 77.9 69.6
Accrued pension and other postretirement benefits, current 6.4 6.4
Income taxes 83.2 124.4
Total current liabilities 3,588.4 3,384.6
Noncurrent liabilities    
Long-term debt, less current portion 3,026.8 3,023.6
Accrued pension and other postretirement benefits, long-term 23.7 24.4
Environmental liabilities, continuing and discontinued 459.1 494.7
Deferred income taxes 104.2 158.1
Other long-term liabilities 386.4 407.4
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 960.9 935.6
Retained earnings 6,726.4 6,587.1
Accumulated other comprehensive income (loss) (373.4) (406.5)
Treasury stock, common, at cost - 2024: $61,148,210 shares, 2023: $61,223,032 shares (2,724.7) (2,723.9)
Total FMC stockholders’ equity 4,607.8 4,410.9
Noncontrolling interests 22.3 22.5
Total equity 4,630.1 4,433.4
Total liabilities and equity $ 12,218.7 $ 11,926.2