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Segment Information
 3 Months Ended
Mar. 31, 2018
Segment Reporting [Abstract]  
Segment Information
Segment Information 
(in Millions)
Three Months Ended March 31,
2018

2017
Revenue



FMC Agricultural Solutions
$
1,107.9


$
530.4

FMC Lithium
102.8


65.6

Total
$
1,210.7


$
596.0

Earnings before interest, taxes and depreciation and amortization (EBITDA)



FMC Agricultural Solutions
$
356.4


$
101.8

FMC Lithium
50.3


25.8

Corporate and other
(26.9
)

(21.0
)
Operating profit before the items listed below
$
379.8


$
106.6

Depreciation and amortization
(39.1
)

(23.6
)
Interest expense, net
(33.9
)

(15.7
)
Restructuring and other (charges) income (1)
77.7


(8.3
)
Non-operating pension and postretirement (charges) income (2)
(0.5
)

4.6

Transaction-related charges (3)
(52.2
)

(9.2
)
(Provision) benefit for income taxes
(68.7
)

(9.4
)
Discontinued operations, net of income taxes
6.5


(168.8
)
Net income attributable to noncontrolling interests
(2.4
)

(0.4
)
Net income (loss) attributable to FMC stockholders
$
267.2


$
(124.2
)

____________________
(1)
See Note 9 of the condensed consolidated financial statements included within this Form 10-Q for details of restructuring and other (charges) income. The following provides the detail of the (charges) income by segment:
 
Three Months Ended March 31,
(in Millions)
2018

2017
FMC Agricultural Solutions
$
82.4


$
(4.5
)
FMC Lithium
(2.1
)

—

Corporate
(2.6
)

(3.8
)
Restructuring and other (charges) income
$
77.7


$
(8.3
)


(2)
Our non-operating pension and postretirement costs are defined as those costs related to interest, expected return on plan assets, amortized actuarial gains and losses and the impacts of any plan curtailments or settlements. These costs are primarily related to changes in pension plan assets and liabilities which are tied to financial market performance and we consider these costs to be outside our operational performance. We exclude these non-operating pension and postretirement costs from our segments as we believe that removing them provides a better understanding of the underlying profitability of our businesses, increased transparency and clarity in the performance of our retirement plans and enhances period-over-period comparability. We continue to include the service cost and amortization of prior service cost in the operating segments noted above. We believe these elements reflect the current year operating costs to our businesses for the employment benefits provided to active employees.
(3)
Charges relate to the expensing of the integration related legal and professional third-party fees associated with acquisitions and separation activities. Amounts represent the following:


Three Months Ended March 31,
(in Millions)
2018

2017
Transaction-related charges



Legal and professional fees (1)
$
22.3


$
9.2

Inventory fair value amortization (2)
29.9


—

Total Transaction-related charges
$
52.2


$
9.2

____________________
(1)
Represents transaction costs, costs for transitional employees, other acquired employees related costs, and integration-related and transactional-related legal and professional third-party fees. These charges are recorded as a component of “Selling, general and administrative expense" on the condensed consolidated statements of income (loss).
(2)    These charges are included in “Costs of sales and services” on the condensed consolidated statements of income (loss).