Quarterly Financial Information (Unaudited) (Tables)

12 Months Ended

Dec. 31, 2019

Quarterly Financial Information Disclosure [Abstract]

Schedule of Quarterly Financial Information


(in Millions, Except Share and Per Share Data)	2019																					2018
			1Q			2Q			3Q			4Q			1Q			2Q			3Q			4Q
Revenue	$	1,192.1		$	1,206.1		$	1,014.3		$	1,197.3		$	1,107.9		$	1,154.4		$	923.6		$	1,099.4
Gross margin	544.7			550.5			432.4			556.0			502.5			490.4			395.2			491.7
Income (loss) from continuing operations before equity in (earnings) loss of affiliates, non-operating pension and postretirement charges (income), interest expense, net and income taxes	281.8			267.8			159.9			112.1			325.0			133.3			105.1			177.5
Income (loss) from continuing operations	207.6			194.4			110.8			30.7			230.2			99.8			50.9			156.7
Discontinued operations, net of income taxes ⁽¹⁾	9.6			(18.1)			(21.3)			(33.5)			39.4			32.7			23.9			(122.1)
Net income (loss)	$	217.2		$	176.3		$	89.5		$	(2.8)		$	269.6		$	132.5		$	74.8		$	34.6
Less: Net income (loss) attributable to noncontrolling interests	1.5			1.8			(0.9)			0.4			2.4			2.8			2.0			2.2
Net income (loss) attributable to FMC stockholders	$	215.7		$	174.5		$	90.4		$	(3.2)		$	267.2		$	129.7		$	72.8		$	32.4
Amounts attributable to FMC stockholders:
Continuing operations, net of income taxes	$	206.1		$	192.6		$	111.7		$	30.3		$	227.8		$	97.0		$	48.9		$	157.7
Discontinued operations, net of income taxes	9.6			(18.1)			(21.3)			(33.5)			39.4			32.7			23.9			(125.3)
Net income (loss)	$	215.7		$	174.5		$	90.4		$	(3.2)		$	267.2		$	129.7		$	72.8		$	32.4
Basic earnings (loss) per common share attributable to FMC stockholders ⁽²⁾:
Continuing operations	$	1.56		$	1.46		$	0.85		$	0.23		$	1.69		$	0.72		$	0.36		$	1.17
Discontinued operations	0.07			(0.14)			(0.16)			(0.25)			0.29			0.24			0.18			(0.93)
Basic net income (loss) per common share	$	1.63		$	1.32		$	0.69		$	(0.02)		$	1.98		$	0.96		$	0.54		$	0.24
Diluted earnings (loss) per common share attributable to FMC stockholders ⁽²⁾:
Continuing operations	$	1.55		$	1.46		$	0.85		$	0.23		$	1.67		$	0.72		$	0.36		$	1.17
Discontinued operations	0.07			(0.14)			(0.16)			(0.25)			0.29			0.24			0.18			(0.93)
Diluted net income (loss) per common share	$	1.62		$	1.32		$	0.69		$	(0.02)		$	1.96		$	0.96		$	0.54		$	0.24
Weighted average shares outstanding:
Basic	131.9			131.1			130.4			129.7			134.6			134.8			134.9			133.7
Diluted	133.2			132.3			131.6			130.9			136.2			136.2			136.4			135.1

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(1)In the fourth quarter of 2018, we recorded a charge of $106.3 million related to our discontinued environmental site at Middleport, New York. See Note 12 for further details.

(2)The sum of quarterly earnings per common share may differ from the full-year amount.