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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2018
Dec. 31, 2017
Current assets    
Cash and cash equivalents $ 359.7 $ 283.0
Trade receivables, net of allowance of $44.0 in 2018 and $38.7 in 2017 2,399.7 2,043.5
Inventories 1,035.2 992.5
Prepaid and other current assets 534.5 326.4
Current assets of discontinued operations held for sale 6.5 7.3
Total current assets 4,335.6 3,652.7
Investments 1.5 1.4
Property, plant and equipment, net 1,030.4 1,025.2
Goodwill 1,242.8 1,198.9
Other intangibles, net 2,805.2 2,631.8
Other assets including long-term receivables, net 472.2 443.6
Deferred income taxes 261.4 252.7
Total assets 10,149.1 9,206.3
Current liabilities    
Short-term debt and current portion of long-term debt 328.9 192.6
Accounts payable, trade and other 914.1 714.2
Advance payments from customers 191.6 380.6
Accrued and other liabilities 611.5 497.7
Accrued customer rebates 412.0 266.6
Guarantees of vendor financing 66.9 51.5
Accrued pension and other postretirement benefits, current 5.7 5.7
Income taxes 155.1 99.2
Current liabilities of discontinued operations held for sale 0.2 1.3
Total current liabilities 2,686.0 2,209.4
Long-term debt, less current portion 2,993.2 2,993.0
Accrued pension and other postretirement benefits, long-term 54.4 59.3
Environmental liabilities, continuing and discontinued 337.0 346.2
Deferred income taxes 179.1 173.2
Other long-term liabilities 884.7 718.1
Commitments and contingent liabilities (Note 18)
Equity    
Preferred stock, no par value, authorized 5,000,000 shares; no shares issued in 2018 or 2017 0.0 0.0
Common stock, $0.10 par value, authorized 260,000,000 shares; 185,983,792 issued shares in 2018 and 2017 18.6 18.6
Capital in excess of par value of common stock 457.2 450.7
Retained earnings 4,197.3 3,952.4
Accumulated other comprehensive income (loss) (185.5) (240.3)
Treasury stock, common, at cost - 2018: 51,469,535 shares, 2017: 51,653,236 shares (1,501.0) (1,499.6)
Total FMC stockholders’ equity 2,986.6 2,681.8
Noncontrolling interests 28.1 25.3
Total equity 3,014.7 2,707.1
Total liabilities and equity $ 10,149.1 $ 9,206.3