FMC Corporation (FMC) financial statements (2022 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)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments5175693391622836479
Cash and cash equivalents5175693391622836479
Receivables2,5842,3302,2312,2852,0441,8281,851
Inventory, net of allowances, customer advances and progress billings1,4061,0961,0171,097993704800
Inventory1,4061,0961,0171,097993704800
Prepaid expense121188889
Disposal group, including discontinued operation    7  
Other current assets128140197155119101103
Other undisclosed current assets291230282323199145130
Total current assets:4,9384,3764,0754,0303,6532,8492,972
Noncurrent Assets
Nontrade receivables  33    
Property, plant and equipment8177727581,0331,0251,0021,016
Long-term investments and receivables93(60)25617564
Long-term investments9311113
Accounts and financing receivable, after allowance for credit loss  (61)24607461
Intangible assets, net (including goodwill)3,9854,0944,0974,1723,8311,5711,613
Goodwill1,4631,4691,4681,4681,199778776
Intangible assets, net (excluding goodwill)2,5222,6252,6292,7042,632793837
Deferred income tax assets219230 
Other noncurrent assets614712685465444471435
Other undisclosed noncurrent assets  286249193170226
Total noncurrent assets:5,6445,8115,7985,9445,5543,2903,354
TOTAL ASSETS:10,58110,1869,8739,9749,2066,1396,326
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities1,8321,7041,6431,5491,311743761
Accounts payable1,135947900868714355404
Accrued liabilities631675681594498375338
Taxes payable65826287991220
Deferred revenue631347493
Debt44133822854819394113
Disposal group, including discontinued operation    1  
Customer advances and deposits381240250
Other undisclosed current liabilities617440361897324362330
Total current liabilities:3,5202,8292,7242,9932,2091,4381,453
Noncurrent Liabilities
Long-term debt and lease obligation2,7322,9303,0312,1792,9931,7992,036
Long-term debt, excluding current maturities2,7322,9303,0312,1792,9931,7992,036
Liabilities, other than long-term debt1,2771,4441,5561,2611,297909928
Deferred tax liabilities, net 173167173
Deferred income tax liabilities342350333
Liability, pension and other postretirement and postemployment benefits4246444759140194
Accrued environmental loss contingencies416444471464346306282
Other liabilities477604708749718295279
Other undisclosed noncurrent liabilities   331   
Total noncurrent liabilities:4,0094,3734,5873,7714,2902,7082,964
Total liabilities:7,5297,2027,3116,7646,4994,1464,418
Stockholders' equity
Stockholders' equity attributable to parent3,0332,9622,5323,1212,6821,9581,866
Common stock19191919191919
Treasury stock, value(2,542)(2,141)(2,093)(1,699)(1,500)(1,507)(1,498)
Additional paid in capital880860830776451419418
Accumulated other comprehensive loss(316)(282)(412)(309)(240)(478)(457)
Retained earnings4,9914,5064,1894,3343,9523,5063,385
Stockholders' equity attributable to noncontrolling interest19222989253543
Total stockholders' equity:3,0522,9842,5613,2102,7071,9931,908
TOTAL LIABILITIES AND EQUITY:10,58110,1869,8739,9749,2066,1396,326

Income statement (P&L) ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues5,0454,6424,6104,7282,8793,2823,277
Cost of revenue(2,874)(2,590)(2,526)(2,641)(1,777)(2,083)(2,201)
Gross profit:2,1722,0522,0842,0871,1011,2001,075
Operating expenses(1,087)(1,085)(1,262)(1,056)(835)(724)(1,099)
Other operating income (expense), net
(Other Nonrecurring (Income) Expense)
(40)1 (3)(6)  
Other undisclosed operating loss (66) (148) (54)(26)
Operating income (loss):1,045902822881260422(50)
Nonoperating income (expense)(20)(21)(6)(2)111
Investment income, nonoperating 021111
Net periodic defined benefits expense (reversal of expense), excluding service cost component(20)(21)(8)(4)
Interest and debt expense(131)(151)(160)(135)(80)(83)(81)
Income (loss) from continuing operations before equity method investments, income taxes:894730655744181339(130)
Income (loss) from equity method investments   001(0)
Income (loss) from continuing operations before income taxes:894730655744181339(131)
Income tax expense(92)(151)(112)(89)(264)(94)(47)
Income (loss) from continuing operations:802579544655(83)245(178)
Income (loss) from discontinued operations(68)(28)(63)(143)622(34)676
Net income:734551480512538212499
Net income (loss) attributable to noncontrolling interest31(3)(9)(3)(3)(10)
Net income available to common stockholders, diluted:737552477502536209489

Comprehensive Income ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income:734551480512538212499
Other comprehensive income (loss)(34)130(92)(74)237(23)(82)
Comprehensive income:700681388437775189417
Comprehensive income (loss), net of tax, attributable to noncontrolling interest311(4)(1)(1)(9)
Comprehensive income, net of tax, attributable to parent:703681388434774188408

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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