FMC Corporation (FMC) financial statements (2021 and earlier)

Company profile

Business Address 2929 WALNUT STREET
PHILADELPHIA, PA 19104
State of Incorp. DE
Fiscal Year End December 31
SIC 28 - Chemicals And Allied Products (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)
Annual | Quarterly

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments5693391622836479110
Cash and cash equivalents5693391622836479110
Receivables2,3302,2312,2852,0441,8281,8511,751
Inventory, net of allowances, customer advances and progress billings1,0961,0171,097993704800637
Inventory1,0961,0171,097993704800637
Prepaid expense11888897
Disposal group, including discontinued operation   7   
Other current assets14019715511910110381
Other undisclosed current assets230282323199145130349
Total current assets:4,3764,0754,0303,6532,8492,9722,934
Noncurrent Assets
Nontrade receivables 33     
Property, plant and equipment7727581,0331,0251,0021,0161,309
Long-term investments and receivables3(60)2561756425
Long-term investments31111325
Accounts and financing receivable, after allowance for credit loss (61)24607461 
Intangible assets, net (including goodwill)4,0944,0974,1723,8311,5711,613599
Goodwill1,4691,4681,4681,199778776353
Intangible assets, net (excluding goodwill)2,6252,6292,7042,632793837247
Deferred costs      45
Deferred income tax assets230 ✕✕✕✕✕
Other noncurrent assets712685465444471435273
Defined benefit plan, assets for plan benefits✕✕✕✕  1
Other undisclosed noncurrent assets 286249193170226154
Total noncurrent assets:5,8115,7985,9445,5543,2903,3542,406
TOTAL ASSETS:10,1869,8739,9749,2066,1396,3265,341
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities1,7041,6431,5491,311743761977
Accounts payable947900868714355404434
Accrued liabilities675681594498375338439
Employee-related liabilities      62
Taxes payable82628799122022
Interest and dividends payable      20
Deferred revenue347493✕✕✕✕✕
Debt33822854819394113525
Accrued environmental loss contingencies      74
Asset retirement obligation      0
Disposal group, including discontinued operation   1   
Customer advances and deposits✕✕✕381240250190
Other undisclosed current liabilities440361897324362330144
Total current liabilities:2,8292,7242,9932,2091,4381,4531,910
Noncurrent Liabilities
Long-term debt and lease obligation2,9303,0312,1792,9931,7992,0361,187
Long-term debt, excluding current maturities2,9303,0312,1792,9931,7992,0361,153
Capital lease obligations✕✕    34
Liabilities, other than long-term debt1,4441,5561,2611,297909928761
Deferred compensation liability, classified      33
Asset retirement obligations      2
Deferred tax liabilities, net✕✕ 17316717351
Deferred income tax liabilities350333✕✕✕✕✕
Liability, pension and other postretirement and postemployment benefits46444759140194239
Accrued environmental loss contingencies444471464346306282210
Other liabilities604708749718295279213
Self insurance reserve      14
Other undisclosed noncurrent liabilities  331   (82)
Total noncurrent liabilities:4,3734,5873,7714,2902,7082,9641,866
Total liabilities:7,2027,3116,7646,4994,1464,4183,777
Stockholders' equity
Stockholders' equity attributable to parent2,9622,5323,1212,6821,9581,8661,531
Common stock19191919191919
Treasury stock, value(2,141)(2,093)(1,699)(1,500)(1,507)(1,498)(1,499)
Additional paid in capital860830776451419418402
Accumulated other comprehensive loss(282)(412)(309)(240)(478)(457)(376)
Retained earnings4,5064,1894,3343,9523,5063,3852,985
Stockholders' equity attributable to noncontrolling interest22298925354334
Total stockholders' equity:2,9842,5613,2102,7071,9931,9081,564
TOTAL LIABILITIES AND EQUITY:10,1869,8739,9749,2066,1396,3265,341

Income statement (P&L) ($ in millions)
Annual | Quarterly

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues4,6424,6104,7282,8793,2823,2774,038
Cost of revenue(2,590)(2,526)(2,641)(1,777)(2,083)(2,201)(2,663)
Gross profit:2,0522,0842,0871,1011,2001,0751,375
Operating expenses(1,085)(1,262)(1,056)(835)(724)(1,099)(839)
Other operating income (expense), net
(Other Nonrecurring (Income) Expense)		1 (3)(6)  5
Other undisclosed operating income (loss)(66) (148) (54)(26)4
Operating income (loss):902822881260422(50)545
Nonoperating income (expense)(21)(6)(2)1110
Investment income, nonoperating0211110
Net periodic defined benefits expense (reversal of expense), excluding service cost component(21)(8)(4)✕✕✕✕
Interest and debt expense(151)(160)(135)(80)(83)(81)(60)
Income (loss) from continuing operations before equity method investments, income taxes:730655744181339(130)486
Income (loss) from equity method investments  001(0)(1)
Income (loss) from continuing operations before income taxes:730655744181339(131)485
Income tax expense(151)(112)(89)(264)(94)(47)(74)
Income (loss) from continuing operations:579544655(83)245(178)412
Income (loss) from discontinued operations(28)(63)(143)622(34)676(89)
Net income:551480512538212499322
Net income (loss) attributable to noncontrolling interest1(3)(9)(3)(3)(10)(15)
Net income available to common stockholders, diluted:552477502536209489308

Comprehensive Income ($ in millions)
Annual | Quarterly

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income:551480512538212499322
Other comprehensive income (loss)130(92)(74)237(23)(82)(176)
Comprehensive income:681388437775189417146
Comprehensive income (loss), net of tax, attributable to noncontrolling interest11(4)(1)(1)(9)(13)
Comprehensive income, net of tax, attributable to parent:681388434774188408134

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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