Rendering

Component: (Network and Table)
Network
2318301 - Disclosure - Equity (Tables)
(http://www.fmc.com/role/EquityTables)
Table(Implied)
Slicers (applies to each fact value in each table cell)
Equity [Abstract]Period [Axis]
2016-01-01 - 2016-12-31
Equity [Abstract]
 
Schedule of Stock by Class
The following is a summary of our capital stock activity over the past three years:
 
Common
Stock Shares
 
Treasury
Stock Shares
December 31, 2013
185,983,792

 
53,098,103

Stock options and awards

 
(431,982
)
December 31, 2014
185,983,792

 
52,666,121

Stock options and awards

 
(338,106
)
December 31, 2015
185,983,792

 
52,328,015

Stock options and awards

 
(244,329
)
Repurchases of common stock, net

 
210,000

December 31, 2016
185,983,792

 
52,293,686

 
 
Schedule of Accumulated Other Comprehensive Income (Loss)
Summarized below is the roll forward of accumulated other comprehensive income (loss), net of tax.
(in Millions)
Foreign currency adjustments
 
Derivative Instruments (1)
 
Pension and other postretirement benefits (2)
 
Total
Accumulated other comprehensive income (loss), net of tax at December 31, 2013
$
(25.3
)
 
$
(6.1
)
 
$
(170.5
)
 
$
(201.9
)
2014 Activity
 
 
 
 
 
 
 
Other comprehensive income (loss) before reclassifications
(74.7
)
 
3.1

 
(173.3
)
 
$
(244.9
)
Amounts reclassified from accumulated other comprehensive income (gain)
49.6

 
(0.9
)
 
22.3

 
$
71.0

 
 
 
 
 
 
 
 
Accumulated other comprehensive income (loss), net of tax at December 31, 2014
$
(50.4
)
 
$
(3.9
)
 
$
(321.5
)
 
$
(375.8
)
2015 Activity
 
 
 
 
 
 
 
Other comprehensive income (loss) before reclassifications
(96.9
)
 
0.7

 
(26.4
)
 
$
(122.6
)
Amounts reclassified from accumulated other comprehensive income (gain)

 
(3.0
)
 
44.1

 
$
41.1

 
 
 
 
 
 
 
 
Accumulated other comprehensive income (loss), net of tax at December 31, 2015
$
(147.3
)
 
$
(6.2
)
 
$
(303.8
)
 
$
(457.3
)
2016 Activity
 
 
 
 
 
 
 
Other comprehensive income (loss) before reclassifications
(46.7
)
 
7.3

 
(26.9
)
 
$
(66.3
)
Amounts reclassified from accumulated other comprehensive income (gain)

 
6.0

 
39.2

 
$
45.2

 
 
 
 
 
 
 
 
Accumulated other comprehensive income (loss), net of tax at December 31, 2016
$
(194.0
)
 
$
7.1

 
$
(291.5
)
 
$
(478.4
)
____________________
(1)
See Note 17 for more information.
(2)
See Note 13 for more information.
 
 
Reclassifications of Accumulated Other Comprehensive Income
The table below provides details about the reclassifications from accumulated other comprehensive income (loss) and the affected line items in the consolidated statements of income for each of the periods presented.
Details about Accumulated Other Comprehensive Income Components
 
Amounts Reclassified from Accumulated Other Comprehensive Income (1)
 
Affected Line Item in the Consolidated Statements of Income
 
 
Year Ended December 31,
 
 
(in Millions)
 
2016
 
2015
 
2014
 
 
Foreign currency translation adjustments:
 
 
 
 
 
 
 
 
Divestiture of FMC Peroxygens (3)
 

 

 
(49.6
)
 
Discontinued operations, net of income taxes
Derivative instruments:
 
 
 
 
 
 
 
 
Foreign currency contracts
 
$
(11.2
)
 
$
43.0

 
$
3.0

 
Costs of sales and services
Energy contracts
 
(2.3
)
 
(4.8
)
 
1.4

 
Costs of sales and services
Foreign currency contracts
 
4.2

 
(32.5
)
 
(2.9
)
 
Selling, general and administrative expenses
Total before tax
 
$
(9.3
)
 
$
5.7

 
1.5

 
 
 
 
3.3

 
(2.7
)
 
(0.6
)
 
Provision for income taxes
Amount included in net income
 
$
(6.0
)
 
$
3.0

 
0.9

 
 
 
 
 
 
 
 
 
 
 
Pension and other postretirement benefits (2):
 
 
 
 
 
 
 
 
Amortization of prior service costs
 
$
(0.8
)
 
$
(0.9
)
 
$
(2.1
)
 
Selling, general and administrative expenses
Amortization of unrecognized net actuarial and other gains (losses)
 
(38.4
)
 
(52.2
)
 
(28.9
)
 
Selling, general and administrative expenses
Recognized loss due to settlement
 
(20.6
)
 
(14.2
)
 
(4.2
)
 
Selling, general and administrative expenses
Total before tax
 
$
(59.8
)
 
$
(67.3
)
 
$
(35.2
)
 
 
 
 
20.6

 
23.2

 
12.9

 
Provision for income taxes
Amount included in net income
 
$
(39.2
)
 
$
(44.1
)
 
$
(22.3
)
 
 
 
 
 
 
 
 
 
 
 
Total reclassifications for the period
 
$
(45.2
)
 
$
(41.1
)
 
$
(71.0
)
 
Amount included in net income
____________________
(1)
Amounts in parentheses indicate charges to the consolidated statements of income.
(2)
Pension and other postretirement benefits amounts include the impact from both continuing and discontinued operations. For detail on the continuing operations components of pension and other postretirement benefits, see Note 13.
(3)
The reclassification of historical cumulative translation adjustments was the result of the divestiture of our FMC Peroxygens business. The loss recognized from this reclassification is considered permanent for tax purposes and therefore no tax has been provided. See Note 9 for more information. In accordance with accounting guidance, this amount was previously factored into the lower of cost or fair value test associated with the 2013 Peroxygens' asset held for sale write-down charges.