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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2019
Dec. 31, 2018
Current assets    
Cash and cash equivalents $ 109.5 $ 134.4
Trade receivables, net of allowance of $27.3 in 2019 and $22.4 in 2018 2,530.2 2,143.8
Inventories 1,137.1 1,025.5
Prepaid and other current assets 427.3 432.6
Current assets of discontinued operations 0.0 293.9
Total current assets 4,204.1 4,030.2
Investments 0.7 0.7
Property, plant and equipment, net 733.8 756.9
Goodwill 1,470.2 1,468.1
Other intangibles, net 2,680.4 2,703.4
Other assets including long-term receivables, net 578.8 383.4
Deferred income taxes 278.0 272.8
Noncurrent assets of discontinued operations 0.0 358.8
Total assets 9,946.0 9,974.3
Current liabilities    
Short-term debt and current portion of long-term debt 993.8 547.7
Accounts payable, trade and other 884.5 795.5
Advance payments from customers 283.3 458.4
Accrued and other liabilities 537.2 570.8
Accrued customer rebates 460.7 365.3
Guarantees of vendor financing 78.4 67.1
Accrued pension and other postretirement benefits, current 6.2 6.2
Income taxes 93.5 85.1
Current liabilities of discontinued operations 0.0 97.3
Total current liabilities 3,337.6 2,993.4
Long-term debt, less current portion 2,145.0 2,145.0
Accrued pension and other postretirement benefits, long-term 46.1 47.2
Environmental liabilities, continuing and discontinued 435.5 458.5
Deferred income taxes 329.6 330.8
Other long-term liabilities 860.4 742.9
Noncurrent liabilities of discontinued operations 0.0 46.1
Commitments and contingent liabilities (Note 19)
Equity    
Preferred stock, no par value, authorized 5,000,000 shares; no shares issued in 2019 or 2018 0.0 0.0
Common stock, $0.10 par value, authorized 260,000,000 shares; 185,983,792 issued shares in 2019 and 2018 18.6 18.6
Capital in excess of par value of common stock 785.6 776.2
Retained earnings 4,088.4 4,334.3
Accumulated other comprehensive income (loss) (324.4) (308.9)
Treasury stock, common, at cost - 2019: 54,326,042 shares, 2018: 53,702,178 shares (1,807.2) (1,699.1)
Total FMC stockholders’ equity 2,761.0 3,121.1
Noncontrolling interests 30.8 89.3
Total equity 2,791.8 3,210.4
Total liabilities and equity $ 9,946.0 $ 9,974.3