XML 15 R2.htm IDEA: XBRL DOCUMENT v3.5.0.2
Condensed Consolidated Statements of Income (Loss) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Income Statement [Abstract]        
Revenue $ 810.3 $ 887.1 $ 1,609.1 $ 1,546.5
Costs and Expenses        
Costs of sales and services 509.0 581.3 1,026.4 990.0
Gross margin 301.3 305.8 582.7 556.5
Selling, general and administrative expenses 129.1 156.0 255.6 453.9
Research and development expenses 35.1 39.0 71.1 65.6
Restructuring and other charges (income) [1] 12.3 10.3 24.7 32.6
Total costs and expenses 685.5 786.6 1,377.8 1,542.1
Income from continuing operations before equity in (earnings) loss of affiliates, interest expense, net and income taxes 124.8 100.5 231.3 4.4
Equity in (earnings) loss of affiliates 0.0 (0.1) 0.0 0.0
Interest expense, net 20.0 24.7 40.8 38.7
Income (loss) from continuing operations before income taxes 104.8 75.9 190.5 (34.3)
Provision (benefit) for income taxes 32.0 17.8 62.9 (31.3)
Income (loss) from continuing operations 72.8 58.1 127.6 (3.0)
Discontinued operations, net of income taxes (5.8) 688.2 (11.9) 703.8
Net income (loss) 67.0 746.3 115.7 700.8
Less: Net income attributable to noncontrolling interests 1.8 4.0 2.2 5.3
Net income (loss) attributable to FMC stockholders 65.2 742.3 113.5 695.5
Amounts attributable to FMC stockholders:        
Continuing operations, net of income taxes 71.0 54.1 125.4 (8.3)
Discontinued operations, net of income taxes (5.8) 688.2 (11.9) 703.8
Net income (loss) attributable to FMC stockholders $ 65.2 $ 742.3 $ 113.5 $ 695.5
Basic earnings (loss) per common share attributable to FMC stockholders:        
Continuing operations (in USD per share) $ 0.53 $ 0.40 $ 0.93 $ (0.06)
Discontinued operations (in USD per share) (0.04) 5.14 (0.09) 5.27
Net income (loss) attributable to FMC stockholders (in USD per share) 0.49 5.54 0.84 5.21
Diluted earnings (loss) per common share attributable to FMC stockholders:        
Continuing operations (in USD per share) 0.53 0.40 0.93 (0.06)
Discontinued operations (in USD per share) (0.04) 5.12 (0.09) 5.27
Net income (loss) attributable to FMC stockholders (in USD per share) $ 0.49 $ 5.52 $ 0.84 $ 5.21
[1] See Note 8 for details of restructuring and other (charges) income. Below provides the detail the (charges) income by segment: Three Months Ended June 30 Six Months Ended June 30(in Millions)2016 2015 2016 2015FMC Agricultural Solutions$(5.9) $(4.8) $(12.5) $(23.1)FMC Health and Nutrition(3.2) (1.8) (3.4) (4.0)FMC Lithium— (0.2) (0.6) (0.5)Corporate(3.2) (3.5) (8.2) (5.0)Restructuring and other (charges) income$(12.3) $(10.3) $(24.7) $(32.6)