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Equity
 12 Months Ended
Dec. 31, 2013
Equity [Abstract]  
Equity
Equity
The following is a summary of our capital stock activity over the past three years:
 
Common
Stock Shares
 
Treasury
Stock Shares
December 31, 2010
185,983,792

 
43,012,104

Stock options and awards
—

 
(918,946
)
Repurchases of common stock, net
—

 
4,216,318

December 31, 2011
185,983,792

 
46,309,476

Stock options and awards
—

 
(1,156,452
)
Repurchases of common stock, net
—

 
3,160,390

December 31, 2012
185,983,792

 
48,313,414

Stock options and awards
—

 
(753,389
)
Repurchases of common stock, net
—

 
5,538,078

December 31, 2013
185,983,792

 
53,098,103


Accumulated other comprehensive gain (loss) consisted of the following:
 
December 31,
(in Millions)
2013
 
2012
Deferred (loss) gain on derivative contracts
$
(6.1
)
 
$
(1.5
)
Pension and other postretirement liability adjustment
(170.5
)
 
(380.4
)
Foreign currency translation adjustments
(25.3
)
 
(27.0
)
Accumulated other comprehensive gain (loss)
$
(201.9
)
 
$
(408.9
)

FMC Wyoming
In 2013 we purchased an additional 6.25 percent ownership interest in FMC Wyoming Corporation (FMC WY) in March 2013 from Nippon Sheet Glass Company Ltd. for $80.0 million which increased our ownership from 87.50 percent to 93.75 percent. FMC WY is our majority owned joint venture that manufactures, markets and sells soda ash products. The seller of the 6.25 percent interest was one of two noncontrolling interest holders of FMC WY stock.
Dividends and Share Repurchases

On January 16, 2014, we paid dividends totaling $18.0 million to our shareholders of record as of December 31, 2013. This amount is included in “Accrued and other liabilities” on the consolidated balance sheets as of December 31, 2013. For the years ended December 31, 2013, 2012 and 2011, we paid $73.6 million, $47.8 million and $41.2 million in dividends, respectively.
 
On April 23, 2013, our Board authorized the repurchase of up to $500 million of our common shares. This repurchase program does not include a specific timetable or price targets and may be suspended or terminated at any time. Shares may be purchased through open market or privately negotiated transactions at the discretion of management based on its evaluation of market conditions and other factors. The authorization of April 23, 2013 replaced the previous authority under which $134.9 million was unused. We also reacquire shares from time to time from employees in connection with the vesting, exercise and forfeiture of awards under our equity compensation plans.
In July 2013 we entered into an accelerated share repurchase agreement (ASR) and paid $250 million to a financial institution for an initial delivery of 3,145,643 shares. The repurchase took place under our previously announced $500 million share repurchase program. The value of the initial shares received on the date of purchase was $200 million, reflecting a $63.58 price per share which was recorded as a treasury share purchase for purposes of calculating earnings per share. We recorded the remaining $50 million as a forward contract indexed to our common stock in additional paid in capital. Final settlement of the ASR occurred on December 20, 2013 when we purchased the remaining $50 million of common stock under the ASR. The final number of shares that we repurchased under the ASR was 3,573,907 shares at a weighed average price of $69.95 per share.