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Consolidated Statement of Changes in Equity - USD ($)
$ in Millions
Total
Common Stock, $0.10 Par Value
Capital In Excess of Par
Retained Earnings
Accumulated Other Comprehensive Income (Loss)
Treasury Stock
Non-controlling Interest
Beginning balance at Dec. 31, 2016 $ 1,993.0 $ 18.6 $ 418.6 $ 3,505.5 $ (478.4) $ (1,506.6) $ 35.3
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income (loss) 538.4     535.8     2.6
Stock compensation plans 42.6   33.0     9.6  
Shares for benefit plan trust, increase (0.2)         (0.2)  
Net pension and other benefit actuarial gains (losses) and prior service cost, net of income tax 52.2       52.2    
Net hedging gains (losses) and other, net of income tax (1.9)       (1.9)    
Foreign currency translation adjustments 186.6 [1]       187.8   (1.2)
Dividends (88.9)     (88.9)      
Repurchases of common stock (2.4)         (2.4)  
Noncontrolling interests associated with an acquisition 12.7           12.7
Transactions with noncontrolling interests, decrease [2] (25.0)   (0.9)       (24.1)
Ending balance at Dec. 31, 2017 2,707.1 18.6 450.7 3,952.4 (240.3) (1,499.6) 25.3
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income (loss) 511.5     502.1     9.4
Stock compensation plans 33.7   26.5     7.2  
Shares for benefit plan trust, increase 0.1         0.1  
Net pension and other benefit actuarial gains (losses) and prior service cost, net of income tax 20.7       20.7    
Net hedging gains (losses) and other, net of income tax 6.0       6.0    
Foreign currency translation adjustments (100.8) [1]       (95.3)   (5.5)
Dividends (120.2)     (120.2)      
Repurchases of common stock (206.8)         (206.8)  
Transactions with noncontrolling interests, decrease [2],[3] 359.1   299.0       60.1
Ending balance at Dec. 31, 2018 3,210.4 18.6 776.2 4,334.3 (308.9) (1,699.1) 89.3
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income (loss) 480.2     477.4     2.8
Stock compensation plans 75.1   53.5     21.6  
Shares for benefit plan trust, increase (1.0)         (1.0)  
Net pension and other benefit actuarial gains (losses) and prior service cost, net of income tax 3.4       3.4    
Net hedging gains (losses) and other, net of income tax (77.2)       (77.2)    
Foreign currency translation adjustments (18.5) [1]       (15.2)   (3.3)
Dividends (214.1)     (214.1)      
Repurchases of common stock (414.3)         (414.3)  
Distribution of FMC Lithium [4] (485.0)     (464.3) 39.0   (59.7)
Ending balance at Dec. 31, 2019 $ 2,561.4 $ 18.6 $ 829.7 $ 4,188.8 $ (412.0) $ (2,092.8) $ 29.1
[1] Income taxes are not provided for other outside basis differences inherent in our investments in subsidiaries because the investments and related unremitted earnings are essentially permanent in duration or we have concluded that no additional tax liability will arise upon disposal or remittance. Note, in the first quarter of 2017, we changed our assertion on unremitted earnings for certain foreign subsidiaries as a result of the sale of our FMC Health and Nutrition segment.
[2] See Notes 5 and 17 for more detail on the acquisitions of noncontrolling interest and transactions with noncontrolling interest, respectively.
[3] Primarily represents the noncontrolling interest of our FMC Lithium as a result of the IPO. Refer to Note 1 for further information.
[4] Represents the effects of the distribution of FMC Lithium. Refer to Note 1 for further information.