FMC Corporation (FMC) financial statements (2020 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

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments3391622836479110123
Cash and cash equivalents3391622836479110123
Receivables2,2312,2852,0441,8281,8511,7511,484
Inventory, net of allowances, customer advances and progress billings1,0171,097993704800637688
Inventory1,0171,097993704800637688
Prepaid expense888897 
Disposal group, including discontinued operation  7   198
Prepaid expense and other current assets✕✕✕✕✕✕237
Other current assets19715511910110381 
Other undisclosed current assets282323199145130349214
Total current assets:4,0754,0303,6532,8492,9722,9342,945
Noncurrent Assets
Nontrade receivables33     ✕
Property, plant and equipment7581,0331,0251,0021,0161,3091,248
Long-term investments and receivables(60)256175642527
Long-term investments111132527
Accounts and financing receivable, after allowance for credit loss(61)24607461  
Intangible assets, net (including goodwill)4,0974,1723,8311,5711,613599662
Goodwill1,4681,4681,199778776353389
Intangible assets, net (excluding goodwill)2,6292,7042,632793837247272
Deferred costs     4511
Other noncurrent assets685465444471435273 
Prepaid expense and other noncurrent assets✕✕✕✕✕✕262
Defined benefit plan, assets for plan benefits✕✕✕  117
Other undisclosed noncurrent assets28624919317022615464
Total noncurrent assets:5,7985,9445,5543,2903,3542,4062,290
TOTAL ASSETS:9,8739,9749,2066,1396,3265,3415,235
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities1,6431,5491,311743761977892
Accounts payable900868714355404434475
Accrued liabilities681594498375338439307
Employee-related liabilities     6275
Taxes payable62879912202235
Interest and dividends payable     20 
Deferred revenue493✕✕✕✕✕✕
Debt22854819394113525698
Accrued environmental loss contingencies     7430
Asset retirement obligation     018
Disposal group, including discontinued operation  1   48
Customer advances and deposits✕✕381240250190✕
Other undisclosed current liabilities361897324362330144301
Total current liabilities:2,7242,9932,2091,4381,4531,9101,987
Noncurrent Liabilities
Long-term debt and lease obligation3,0312,1792,9931,7992,0361,1871,187
Long-term debt, excluding current maturities3,0312,1792,9931,7992,0361,1531,154
Capital lease obligations✕    3432
Liabilities, other than long-term debt1,5561,2611,297909928761579
Pension and other postretirement defined benefit plans, liabilities✕✕✕✕✕✕58
Deferred compensation liability, classified     3337
Asset retirement obligations     25
Deferred tax liabilities, net✕ 1731671735173
Deferred income tax liabilities333✕✕✕✕✕✕
Liability, pension and other postretirement and postemployment benefits444759140194239✕
Accrued environmental loss contingencies471464346306282210175
Other liabilities708749718295279213216
Self insurance reserve     1415
Other undisclosed noncurrent liabilities 331   (82)(90)
Total noncurrent liabilities:4,5873,7714,2902,7082,9641,8661,676
Total liabilities:7,3116,7646,4994,1464,4183,7773,663
Stockholders' equity
Stockholders' equity attributable to parent2,5323,1212,6821,9581,8661,5311,520
Common stock19191919191919
Treasury stock, value(2,093)(1,699)(1,500)(1,507)(1,498)(1,499)(1,503)
Additional paid in capital830776451419418402448
Accumulated other comprehensive loss(412)(309)(240)(478)(457)(376)(202)
Retained earnings4,1894,3343,9523,5063,3852,9852,757
Stockholders' equity attributable to noncontrolling interest29892535433452
Total stockholders' equity:2,5613,2102,7071,9931,9081,5641,572
TOTAL LIABILITIES AND EQUITY:9,8739,9749,2066,1396,3265,3415,235

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

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Revenues4,6104,7282,8793,2823,2774,0383,875
Cost of revenue(2,526)(2,641)(1,777)(2,083)(2,201)(2,663)(2,534)
Gross profit:2,0842,0871,1011,2001,0751,3751,340
Operating expenses(1,262)(1,056)(835)(724)(1,099)(839)(694)
Other operating income (expense), net
(Other Nonrecurring (Income) Expense)		 (3)(6)  5(32)
Other undisclosed operating income (loss) (148) (54)(26)445
Operating income (loss):822881260422(50)545659
Nonoperating income (expense)(6)(2)11100
Investment income, nonoperating2111100
Net periodic defined benefits expense (reversal of expense), excluding service cost component(8)(4)✕✕✕✕✕
Interest and debt expense(160)(135)(80)(83)(81)(60)(42)
Income (loss) from continuing operations before equity method investments, income taxes:655744181339(130)486617
Income (loss) from equity method investments 001(0)(1)(1)
Income (loss) from continuing operations before income taxes:655744181339(131)485616
Income tax expense(112)(89)(264)(94)(47)(74)(149)
Income (loss) from continuing operations:544655(83)245(178)412467
Income (loss) from discontinued operations(63)(143)622(34)676(89)(159)
Net income:480512538212499322308
Net loss attributable to noncontrolling interest(3)(9)(3)(3)(10)(15)(14)
Net income available to common stockholders, diluted:477502536209489308294

Comprehensive Income ($ in millions)
Annual | Quarterly

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net income:480512538212499322308
Other comprehensive income (loss)(92)(74)237(23)(82)(176)205
Comprehensive income:388437775189417146513
Comprehensive income (loss), net of tax, attributable to noncontrolling interest1(4)(1)(1)(9)(13)13
Other undisclosed comprehensive loss, net of tax, attributable to parent      (25)
Comprehensive income, net of tax, attributable to parent:388434774188408134501

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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