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Discontinued Operations (Tables)
 12 Months Ended
Dec. 31, 2019
Discontinued Operations and Disposal Groups [Abstract]  
Schedule of Discontinued Operations
The results of our discontinued FMC Lithium operations are summarized below:
(in Millions)Year Ended December 31,
201920182017
Revenue$52.1  $442.5  $347.4  
Costs of sales and services41.3  235.4  197.9  
Income (loss) from discontinued operations before income taxes (1)
$1.1  $170.9  $85.0  
Provision (benefit) for income taxes6.0  25.5  35.2  
Total discontinued operations of FMC Lithium, net of income taxes, before separation-related costs$(4.9) $145.4  $49.8  
Separation-related costs and other adjustments of discontinued operations of FMC Lithium, net of income taxes(16.4) (28.1) —  
Discontinued operations of FMC Lithium, net of income taxes$(21.3) $117.3  $49.8  
Less: Discontinued operations of FMC Lithium attributable to noncontrolling interests—  3.2  —  
Discontinued operations of FMC Lithium, net of income taxes, attributable to FMC Stockholders$(21.3) $114.1  $49.8  
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(1)  For the years ended December 31, 2018 and 2017, amounts include $2.5 million and $8.2 million of restructuring and other charges (income), respectively, and $4.3 million and $34.5 million of non-operating pension settlement charges (income), respectively.

The following table presents the major classes of assets and liabilities of FMC Lithium:
December 31,  
(in Millions)20192018
Assets
Current assets of discontinued operations (1)
$—  $293.9  
Property, plant and equipment (2)
—  275.7  
Other noncurrent assets (2)
—  83.1  
Total assets of discontinued operations$—  $652.7  
Liabilities
Current liabilities of discontinued operations (3)
$—  $(97.3) 
Noncurrent liabilities of discontinued operations (4)
—  (46.1) 
Total liabilities of discontinued operations$—  $(143.4) 
Total net assets$—  $509.3  
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(1) Primarily consists of cash and cash equivalents, trade receivables, and inventories. Presented as "Current assets of discontinued operations" on the condensed consolidated balance sheets as of December 31, 2018.
(2) Presented as "Noncurrent assets of discontinued operations" on the condensed consolidated balance sheets as of December 31, 2018.
(3) Presented as "Current liabilities of discontinued operations" on the condensed consolidated balance sheets as of December 31, 2018.
(4) Presented as "Noncurrent liabilities of discontinued operations" on the condensed consolidated balance sheets as of December 31, 2018.
The results of our discontinued FMC Health and Nutrition operations are summarized below, including the results of these delayed sites included in the year ended December 31, 2018.
(in Millions)Year Ended December 31,
201920182017
Revenue$—  $3.8  $562.9  
Costs of sales and services—  4.0  370.5  
Income (loss) from discontinued operations before income taxes (1)
$—  $2.0  $113.7  
Provision (benefit) for income taxes—  3.8  9.7  
Total discontinued operations of FMC Health and Nutrition, net of income taxes, before divestiture related costs and adjustments (2)
$—  $(1.8) $104.0  
Gain on sale of FMC Health and Nutrition, net of income taxes (3)
—  —  727.1  
Adjustment to gain on sale of FMC Health and Nutrition, net of income taxes (4)
—  7.8  —  
Divestiture related costs and other adjustments of discontinued operations of FMC Health and Nutrition, net of income taxes0.5  —  —  
Adjustment to FMC Health and Nutrition Omega-3 net assets held for sale, net of income taxes (5)
—  —  (147.8) 
Discontinued operations of FMC Health and Nutrition, net of income taxes, attributable to FMC Stockholders$0.5  $6.0  $683.3  
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(1)Results for the year ended December 31, 2018 include an adjustment to retained liabilities of the disposed FMC Health and Nutrition business. For the year ended December 31, 2017 amount includes $16.6 million of allocated interest expense, $8.1 million of restructuring and other charges (income), and $3.9 million of a pension curtailment charge. See Note 15 for more information of the pension curtailment charge. Interest was allocated in accordance with relevant discontinued operations accounting guidance.
(2)In accordance with U.S. GAAP, effective March 2017 we stopped amortizing and depreciating all assets classified as held for sale. Assets held for sale under U.S. GAAP are required to be reported at the lower of carrying value or fair value, less costs to sell. However, the fair value of the Omega-3 business, which was previously part of the broader FMC Health and Nutrition reporting unit, was significantly less than its carrying value, which included accumulated foreign currency translation adjustments that were subsequently reclassified to earnings after completion of the sale.
(3)Includes $27.9 million of divestiture related costs, net of tax as well as incremental tax cost of $14.7 million related to certain legal entity restructuring executed during the third quarter of 2017 to facilitate the FMC Health and Nutrition divestiture.
(4)Amount represents the settlement of working capital adjustments subsequent to the sale.
(5)Represents the impairment charge for the year ended December 31, 2017 of approximately $168 million ($148 million, net of tax) associated with the disposal activities of the Omega-3 business to write down the carrying value to its fair value.
Our discontinued operations comprised the following:
(in Millions)Year Ended December 31,
201920182017
Adjustment for workers’ compensation, product liability, and other postretirement benefits and other, net of income tax benefit (expense) of $(23.9), $(5.2) and $(0.1), respectively
$4.3  $(1.7) $3.0  
Provision for environmental liabilities, net of recoveries, net of income tax benefit (expense) of $6.3, $32.5 and $24.9, respectively (1)
(23.5) (121.4) (51.2) 
Provision for legal reserves and expenses, net of recoveries, net of income tax benefit (expense) of $6.3,$6.9 and $7.2, respectively
(23.3) (26.3) (13.4) 
Discontinued operations of FMC Health and Nutrition, net of income tax benefit (expense) of $(0.2), $(7.1) and $(180.1), respectively
0.5  6.0  683.3  
Discontinued operations of FMC Lithium, net of income tax benefit (expense) of $(12.3), $(18.0) and $(35.2), respectively
(21.3) 117.3  49.8  
Discontinued operations, net of income taxes$(63.3) $(26.1) $671.5  
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(1)See a roll forward of our environmental reserves as well as discussion on significant environmental issues that occurred during the year in Note 12.
Discontinued Reserve Balance Table
Reserves for Discontinued Operations, other than Environmental at December 31, 2019 and 2018
(in Millions)December 31,  
20192018
Workers’ compensation, product liability, and indemnification reserves$15.7  $23.6  
Postretirement medical and life insurance benefits reserve, net5.9  7.0  
Reserves for legal proceedings50.3  41.6  
Reserve for discontinued operations (1)
$71.9  $72.2  
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(1)Included in “Other long-term liabilities” on the consolidated balance sheets. Refer to Note 12 for discontinued environmental reserves.