2012 Q3 Form 10-Q Financial Statement

#000003778512000026 Filed on October 31, 2012

View on sec.gov

Income Statement

Concept 2012 Q3 2011 Q3
Revenue $821.9M $862.1M
YoY Change -4.66% 11.6%
Cost Of Revenue $523.9M $574.7M
YoY Change -8.84% 10.99%
Gross Profit $298.0M $287.4M
YoY Change 3.69% 12.84%
Gross Profit Margin 36.26% 33.34%
Selling, General & Admin $118.7M $110.6M
YoY Change 7.32% 10.71%
% of Gross Profit 39.83% 38.48%
Research & Development $28.10M $27.80M
YoY Change 1.08% 15.83%
% of Gross Profit 9.43% 9.67%
Depreciation & Amortization $17.90M $31.60M
YoY Change -43.35% -2.77%
% of Gross Profit 6.01% 11.0%
Operating Expenses $146.8M $138.4M
YoY Change 6.07% 11.7%
Operating Profit $145.7M $135.6M
YoY Change 7.45% 6.69%
Interest Expense -$10.00M -$8.600M
YoY Change 16.28% 0.0%
% of Operating Profit -6.86% -6.34%
Other Income/Expense, Net
YoY Change
Pretax Income $135.7M $127.0M
YoY Change 6.85% 7.17%
Income Tax $29.90M $29.80M
% Of Pretax Income 22.03% 23.46%
Net Earnings $90.00M $86.80M
YoY Change 3.69% 4.7%
Net Earnings / Revenue 10.95% 10.07%
Basic Earnings Per Share $0.65 $0.61
Diluted Earnings Per Share $0.65 $0.61
COMMON SHARES
Basic Shares Outstanding 137.4M shares 141.9M shares
Diluted Shares Outstanding 138.4M shares 143.1M shares

Balance Sheet

Concept 2012 Q3 2011 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $84.00M $109.0M
YoY Change -22.94% -59.18%
Cash & Equivalents $84.40M $109.4M
Short-Term Investments
Other Short-Term Assets $311.0M $282.0M
YoY Change 10.28% -10.19%
Inventory $620.5M $444.3M
Prepaid Expenses
Receivables $1.009B $854.0M
Other Receivables $0.00 $0.00
Total Short-Term Assets $2.026B $1.690B
YoY Change 19.83% -4.07%
LONG-TERM ASSETS
Property, Plant & Equipment $1.071B $954.8M
YoY Change 12.2% 1.25%
Goodwill $270.0M $204.2M
YoY Change 32.22%
Intangibles $211.6M
YoY Change
Long-Term Investments $36.00M $26.00M
YoY Change 38.46% 18.18%
Other Assets $265.6M $248.3M
YoY Change 6.97% -47.95%
Total Long-Term Assets $2.040B $1.699B
YoY Change 20.07% 3.49%
TOTAL ASSETS
Total Short-Term Assets $2.026B $1.690B
Total Long-Term Assets $2.040B $1.699B
Total Assets $4.066B $3.390B
YoY Change 19.95% -0.42%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $384.5M $345.6M
YoY Change 11.26% 7.0%
Accrued Expenses $194.5M $174.6M
YoY Change 11.4% -50.82%
Deferred Revenue
YoY Change
Short-Term Debt $59.00M $30.00M
YoY Change 96.67% 7.14%
Long-Term Debt Due $2.900M $47.40M
YoY Change -93.88% -54.86%
Total Short-Term Liabilities $1.087B $909.5M
YoY Change 19.55% 8.92%
LONG-TERM LIABILITIES
Long-Term Debt $807.9M $493.6M
YoY Change 63.68% -7.74%
Other Long-Term Liabilities $143.4M $107.1M
YoY Change 33.89% -84.18%
Total Long-Term Liabilities $951.3M $600.7M
YoY Change 58.37% -50.44%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.087B $909.5M
Total Long-Term Liabilities $951.3M $600.7M
Total Liabilities $2.039B $1.510B
YoY Change 34.99% -28.15%
SHAREHOLDERS EQUITY
Retained Earnings $2.453B $2.109B
YoY Change 16.32%
Common Stock $492.7M $468.7M
YoY Change 5.12%
Preferred Stock
YoY Change
Treasury Stock (at cost) $1.152B $966.0M
YoY Change 19.24% 25.15%
Treasury Stock Shares 48.59M shares 22.57M shares
Shareholders Equity $1.425B $1.318B
YoY Change
Total Liabilities & Shareholders Equity $4.066B $3.390B
YoY Change 19.95% -0.42%

Cashflow Statement

Concept 2012 Q3 2011 Q3
OPERATING ACTIVITIES
Net Income $90.00M $86.80M
YoY Change 3.69% 4.7%
Depreciation, Depletion And Amortization $17.90M $31.60M
YoY Change -43.35% -2.77%
Cash From Operating Activities $85.60M $154.2M
YoY Change -44.49% 58.15%
INVESTING ACTIVITIES
Capital Expenditures -$27.50M -$48.00M
YoY Change -42.71% 32.96%
Acquisitions
YoY Change
Other Investing Activities -$43.80M -$10.00M
YoY Change 338.0% 78.57%
Cash From Investing Activities -$71.30M -$58.00M
YoY Change 22.93% 39.09%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -6.200M -172.2M
YoY Change -96.4% -457.26%
NET CHANGE
Cash From Operating Activities 85.60M 154.2M
Cash From Investing Activities -71.30M -58.00M
Cash From Financing Activities -6.200M -172.2M
Net Change In Cash 8.100M -76.00M
YoY Change -110.66% -173.08%
FREE CASH FLOW
Cash From Operating Activities $85.60M $154.2M
Capital Expenditures -$27.50M -$48.00M
Free Cash Flow $113.1M $202.2M
YoY Change -44.07% 51.35%

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<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Recently Issued and Adopted Accounting Pronouncements and Regulatory Items</font></div><div style="line-height:120%;padding-bottom:6px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">New accounting guidance and regulatory items</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Balance Sheet - Offsetting </font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In December 2011, the Financial Accounting Standards Board ("FASB") issued its updated guidance on balance sheet offsetting. This new standard provides guidance to determine when offsetting in the balance sheet is appropriate. The guidance is designed to enhance disclosures by requiring improved information about financial instruments and derivative instruments. The goal is to provide users of the financial statements the ability to evaluate the effect or potential effect of netting arrangements on an entity's statement of financial position. This guidance impacts disclosures within an entity's financial statements and notes to the financial statements and does not result in a change to the accounting treatment of financial instruments and derivative instruments. We are required to adopt this guidance on January 1, 2013. We are in the process of evaluating this guidance. </font></div><div style="line-height:120%;padding-top:18px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;"></font></div></div>
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us-gaap Goodwill Allocation Adjustment
GoodwillAllocationAdjustment
-600000 USD
us-gaap Goodwill Translation Adjustments
GoodwillTranslationAdjustments
1800000 USD
us-gaap Gross Profit
GrossProfit
874300000 USD
CY2011Q3 us-gaap Gross Profit
GrossProfit
287400000 USD
us-gaap Gross Profit
GrossProfit
1000600000 USD
CY2012Q3 us-gaap Gross Profit
GrossProfit
315500000 USD
CY2012Q3 us-gaap Guarantee Obligations Maximum Exposure
GuaranteeObligationsMaximumExposure
51100000 USD
CY2012Q3 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
96300000 USD
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
311200000 USD
CY2011Q3 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
93100000 USD
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
335800000 USD
CY2012Q3 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
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100900000 USD
CY2011Q3 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
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97200000 USD
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
351300000 USD
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
323700000 USD
CY2011Q3 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.65
us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
2.17
CY2012Q3 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.70
us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
2.43
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
2.42
CY2012Q3 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.70
CY2011Q3 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.65
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
2.16
us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
-23200000 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
-21800000 USD
CY2012Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
-6300000 USD
CY2011Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
-6300000 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
-0.16
CY2011Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
-0.04
CY2012Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
-0.05
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
-0.16
CY2011Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
-0.04
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
-0.16
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
-0.16
CY2012Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
-0.05
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
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CY2012Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-500000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
3100000 USD
CY2011Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
500000 USD
us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
-700000 USD
us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
3100000 USD
us-gaap Restructuring Reserve Translation Adjustment
RestructuringReserveTranslationAdjustment
100000 USD
CY2011Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
29800000 USD
CY2012Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
34400000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
96100000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
124500000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
30000000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
31500000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-45300000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-71800000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
0 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
84400000 USD
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
64800000 USD
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-2000000 USD
us-gaap Increase Decrease In Accrued Salaries
IncreaseDecreaseInAccruedSalaries
-7400000 USD
us-gaap Increase Decrease In Accrued Salaries
IncreaseDecreaseInAccruedSalaries
-9200000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
94200000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
147400000 USD
us-gaap Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
12800000 USD
us-gaap Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
4000000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
43300000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
15800000 USD
us-gaap Increase Decrease In Restructuring Reserve
IncreaseDecreaseInRestructuringReserve
9800000 USD
CY2012Q3 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
39000000 USD
CY2011Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
39000000 USD
CY2011Q4 us-gaap Intangible Assets Net Excluding Goodwill
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187300000 USD
CY2012Q3 us-gaap Intangible Assets Net Excluding Goodwill
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211600000 USD
us-gaap Interest Paid Net
InterestPaidNet
24800000 USD
us-gaap Interest Paid Net
InterestPaidNet
24900000 USD
us-gaap Interest Revenue Expense Net
InterestRevenueExpenseNet
-29500000 USD
CY2012Q3 us-gaap Interest Revenue Expense Net
InterestRevenueExpenseNet
-11000000 USD
us-gaap Interest Revenue Expense Net
InterestRevenueExpenseNet
-33800000 USD
CY2011Q3 us-gaap Interest Revenue Expense Net
InterestRevenueExpenseNet
-9100000 USD
CY2012Q3 us-gaap Inventory Finished Goods And Work In Process Net Of Reserves
InventoryFinishedGoodsAndWorkInProcessNetOfReserves
366700000 USD
CY2011Q4 us-gaap Inventory Finished Goods And Work In Process Net Of Reserves
InventoryFinishedGoodsAndWorkInProcessNetOfReserves
298600000 USD
CY2012Q3 us-gaap Inventory Net
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620500000 USD
CY2012Q3 us-gaap Liabilities Current
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1087300000 USD
CY2011Q4 us-gaap Inventory Net
InventoryNet
470300000 USD
CY2012Q3 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
253800000 USD
CY2011Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
171700000 USD
CY2011Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
28300000 USD
CY2012Q3 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
35600000 USD
CY2011Q4 us-gaap Liabilities And Stockholders Equity
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3743500000 USD
CY2012Q3 us-gaap Liabilities And Stockholders Equity
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4065900000 USD
CY2011Q4 us-gaap Liabilities Current
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919900000 USD
CY2012Q3 us-gaap Liabilities Of Disposal Group Including Discontinued Operation Noncurrent
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42600000 USD
CY2011Q4 us-gaap Liabilities Of Disposal Group Including Discontinued Operation Noncurrent
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationNoncurrent
41600000 USD
us-gaap Line Of Credit Facility Covenant Compliance
LineOfCreditFacilityCovenantCompliance
Our actual leverage for the four consecutive quarters ended September 30, 2012, was 1.3 which is below the maximum leverage of 3.5. Our actual interest coverage for the four consecutive quarters ended September 30, 2012, was 17.3 which is above the minimum interest coverage of 3.5. We were in compliance with all covenants at September 30, 2012.
CY2012Q3 us-gaap Long Lived Assets To Be Abandoned Carrying Value Of Asset
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0 USD
CY2011Q4 us-gaap Long Lived Assets To Be Abandoned Carrying Value Of Asset
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700000 USD
CY2011Q4 us-gaap Long Term Debt
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CY2012Q3 us-gaap Long Term Debt
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CY2011Q4 us-gaap Long Term Debt Current
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19500000 USD
CY2012Q3 us-gaap Long Term Debt Current
LongTermDebtCurrent
2900000 USD
CY2011Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
779100000 USD
CY2012Q3 us-gaap Long Term Debt Noncurrent
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807900000 USD
CY2011Q4 us-gaap Minority Interest
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CY2012Q3 us-gaap Minority Interest
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63500000 USD
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
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us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
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us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
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us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
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us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
327800000 USD
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
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364400000 USD
us-gaap Net Income Loss
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314000000 USD
CY2011Q3 us-gaap Net Income Loss
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86800000 USD
CY2012Q3 us-gaap Net Income Loss
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90000000 USD
us-gaap Net Income Loss
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288000000 USD
CY2011Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
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4100000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
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15500000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
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12500000 USD
CY2012Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
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4600000 USD
us-gaap Operating Income Loss
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CY2012Q3 us-gaap Operating Income Loss
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146800000 USD
CY2011Q3 us-gaap Operating Income Loss
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135600000 USD
us-gaap Operating Income Loss
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CY2012Q3 us-gaap Other Assets Noncurrent
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CY2011Q4 us-gaap Other Assets Noncurrent
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198900000 USD
CY2011Q3 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
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500000 USD
us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
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-500000 USD
us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
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CY2012Q3 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
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CY2011Q3 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
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CY2012Q3 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
3700000 USD
us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
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us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
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4600000 USD
us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Tax
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2800000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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6200000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
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CY2012Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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13300000 USD
CY2011Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
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us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
20700000 USD
CY2011Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
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CY2012Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
21800000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
18200000 USD
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
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CY2011Q3 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-5100000 USD
CY2012Q3 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
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us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
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us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
13700000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment On Derivatives Included In Net Income Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentOnDerivativesIncludedInNetIncomeNetOfTax
-400000 USD
CY2011Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment On Derivatives Included In Net Income Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentOnDerivativesIncludedInNetIncomeNetOfTax
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us-gaap Other Comprehensive Income Loss Reclassification Adjustment On Derivatives Included In Net Income Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentOnDerivativesIncludedInNetIncomeNetOfTax
4200000 USD
CY2012Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment On Derivatives Included In Net Income Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentOnDerivativesIncludedInNetIncomeNetOfTax
2600000 USD
us-gaap Other Comprehensive Income Reclassification Of Defined Benefit Plans Net Gain Loss Recognized In Net Periodic Benefit Cost Net Of Tax
OtherComprehensiveIncomeReclassificationOfDefinedBenefitPlansNetGainLossRecognizedInNetPeriodicBenefitCostNetOfTax
22200000 USD
us-gaap Other Comprehensive Income Reclassification Of Defined Benefit Plans Net Gain Loss Recognized In Net Periodic Benefit Cost Net Of Tax
OtherComprehensiveIncomeReclassificationOfDefinedBenefitPlansNetGainLossRecognizedInNetPeriodicBenefitCostNetOfTax
15800000 USD
CY2011Q3 us-gaap Other Comprehensive Income Reclassification Of Defined Benefit Plans Net Gain Loss Recognized In Net Periodic Benefit Cost Net Of Tax
OtherComprehensiveIncomeReclassificationOfDefinedBenefitPlansNetGainLossRecognizedInNetPeriodicBenefitCostNetOfTax
4600000 USD
CY2012Q3 us-gaap Other Comprehensive Income Reclassification Of Defined Benefit Plans Net Gain Loss Recognized In Net Periodic Benefit Cost Net Of Tax
OtherComprehensiveIncomeReclassificationOfDefinedBenefitPlansNetGainLossRecognizedInNetPeriodicBenefitCostNetOfTax
6400000 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-2900000 USD
CY2011Q3 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
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CY2012Q3 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
1100000 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
400000 USD
CY2012Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
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CY2011Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
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CY2012Q3 us-gaap Other Nonrecurring Expense
OtherNonrecurringExpense
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us-gaap Other Nonrecurring Expense
OtherNonrecurringExpense
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CY2011Q3 us-gaap Other Nonrecurring Expense
OtherNonrecurringExpense
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us-gaap Other Nonrecurring Expense
OtherNonrecurringExpense
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CY2012Q3 us-gaap Other Operating Income Expense Net
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us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
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us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
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CY2011Q3 us-gaap Other Operating Income Expense Net
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us-gaap Participating Securities Distributed And Undistributed Earnings
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CY2012Q3 us-gaap Participating Securities Distributed And Undistributed Earnings
ParticipatingSecuritiesDistributedAndUndistributedEarnings
400000 USD
CY2011Q3 us-gaap Participating Securities Distributed And Undistributed Earnings
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400000 USD
us-gaap Participating Securities Distributed And Undistributed Earnings
ParticipatingSecuritiesDistributedAndUndistributedEarnings
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us-gaap Payments For Proceeds From Other Investing Activities
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us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
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us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
110000000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
144900000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
30600000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
35400000 USD
us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
12900000 USD
us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
15400000 USD
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
3900000 USD
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
0 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
1500000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
114300000 USD
us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
9700000 USD
us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
0 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
119100000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
128000000 USD
us-gaap Pension And Other Postretirement Benefit Contributions
PensionAndOtherPostretirementBenefitContributions
72700000 USD
us-gaap Pension And Other Postretirement Benefit Contributions
PensionAndOtherPostretirementBenefitContributions
55200000 USD
CY2011Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
368700000 USD
CY2012Q3 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
300700000 USD
CY2011Q4 us-gaap Preferred Stock No Par Value
PreferredStockNoParValue
0
CY2012Q3 us-gaap Preferred Stock No Par Value
PreferredStockNoParValue
0
CY2012Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
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CY2011Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
5000000 shares
CY2011Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2012Q3 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2012Q3 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2011Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2012Q3 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
157100000 USD
CY2011Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
173400000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
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0 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
5400000 USD
us-gaap Proceeds From Payments For Other Financing Activities
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us-gaap Proceeds From Payments For Other Financing Activities
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0 USD
us-gaap Proceeds From Repayments Of Other Debt
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10900000 USD
us-gaap Proceeds From Repayments Of Other Debt
ProceedsFromRepaymentsOfOtherDebt
24000000 USD
us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
32300000 USD
us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
11800000 USD
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
900000 USD
us-gaap Proceeds From Sale Of Property Plant And Equipment
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700000 USD
us-gaap Profit Loss
ProfitLoss
329500000 USD
CY2012Q3 us-gaap Profit Loss
ProfitLoss
94600000 USD
us-gaap Profit Loss
ProfitLoss
300500000 USD
CY2011Q3 us-gaap Profit Loss
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90900000 USD
CY2012Q3 us-gaap Property Plant And Equipment Gross
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2942900000 USD
CY2011Q4 us-gaap Property Plant And Equipment Gross
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2850000000 USD
CY2012Q3 us-gaap Property Plant And Equipment Net
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1071300000 USD
CY2011Q4 us-gaap Property Plant And Equipment Net
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986800000 USD
CY2012Q3 us-gaap Receivables Net Current
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1009200000 USD
CY2011Q4 us-gaap Receivables Net Current
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931300000 USD
CY2011Q4 us-gaap Recorded Third Party Environmental Recoveries Receivable
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82600000 USD
CY2012Q3 us-gaap Recorded Third Party Environmental Recoveries Receivable
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66900000 USD
us-gaap Repayments Of Long Term Debt
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90400000 USD
us-gaap Repayments Of Long Term Debt
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us-gaap Research And Development Expense Excluding Acquired In Process Cost
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1015000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
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1123000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
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us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2011Q4 fmc Accrual For Environmental Loss Contingencies Excluding Recoveries
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251200000 USD
CY2012Q3 fmc Accrual For Environmental Loss Contingencies Excluding Recoveries
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238400000 USD
CY2011Q4 fmc Accrued Customer Rebates
AccruedCustomerRebates
115100000 USD
CY2012Q3 fmc Accrued Customer Rebates
AccruedCustomerRebates
278500000 USD
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9200000 USD
fmc Accrued Rebates
AccruedRebates
163600000 USD
fmc Accrued Rebates
AccruedRebates
97100000 USD
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BusinessAcquisitionFinishedGoodsInventoryFairValueStepUp
600000 USD
fmc Cash Recoveries For Environmental Obligations
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15700000 USD
CY2012Q3 fmc Clean Up Standard Parts Per Million
CleanUpStandardPartsPerMillion
20 part_per_million
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2400000 USD
fmc Discontinued Operation Provision For Environmental Net Of Tax
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12200000 USD
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9900000 USD
CY2011Q3 fmc Discontinued Operation Provision For Environmental Net Of Tax
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fmc Discontinued Operation Provision For Legal Expenses Net Of Tax
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6000000 USD
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CY2011Q3 fmc Discontinued Operations Tax Effect Of Provision For Legal Expenses
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2500000 USD
CY2012Q3 fmc Discontinued Operations Tax Effect Of Provision For Legal Expenses
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2500000 USD
fmc Discontinued Operations Tax Effect Of Provision For Legal Expenses
DiscontinuedOperationsTaxEffectOfProvisionForLegalExpenses
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fmc Environmental Loss Exposure In Excess Of Accrual Best Estimate
EnvironmentalLossExposureInExcessOfAccrualBestEstimate
160000000 USD
fmc Environmental Loss Exposure In Excess Of Accrual Period Increase Best Estimate
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50000000 USD
CY2012Q3 fmc Environmental Provision Net Applicable To Continuing Operations
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1000000 USD
fmc Environmental Provision Net Applicable To Continuing Operations
EnvironmentalProvisionNetApplicableToContinuingOperations
4100000 USD
fmc Environmental Provision Net Applicable To Continuing Operations
EnvironmentalProvisionNetApplicableToContinuingOperations
3500000 USD
CY2011Q3 fmc Environmental Provision Net Applicable To Continuing Operations
EnvironmentalProvisionNetApplicableToContinuingOperations
1100000 USD
CY2011Q3 fmc Environmental Provision Net Of Recoveries Recorded To Other Assets
EnvironmentalProvisionNetOfRecoveriesRecordedToOtherAssets
4700000 USD
fmc Environmental Provision Net Of Recoveries Recorded To Other Assets
EnvironmentalProvisionNetOfRecoveriesRecordedToOtherAssets
19400000 USD
CY2012Q3 fmc Environmental Provision Net Of Recoveries Recorded To Other Assets
EnvironmentalProvisionNetOfRecoveriesRecordedToOtherAssets
4900000 USD
fmc Environmental Provision Net Of Recoveries Recorded To Other Assets
EnvironmentalProvisionNetOfRecoveriesRecordedToOtherAssets
23800000 USD
fmc Environmental Spending Continuing Net Of Recoveries
EnvironmentalSpendingContinuingNetOfRecoveries
4300000 USD
fmc Environmental Spending Continuing Net Of Recoveries
EnvironmentalSpendingContinuingNetOfRecoveries
7000000 USD
fmc Environmental Spending Discontinued Net Of Recoveries
EnvironmentalSpendingDiscontinuedNetOfRecoveries
12600000 USD
fmc Environmental Spending Discontinued Net Of Recoveries
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12200000 USD
CY2011Q4 fmc Finite And Indefinite Lived Intangible Assets Gross
FiniteAndIndefiniteLivedIntangibleAssetsGross
200500000 USD
CY2012Q3 fmc Finite And Indefinite Lived Intangible Assets Gross
FiniteAndIndefiniteLivedIntangibleAssetsGross
233600000 USD
CY2011Q4 fmc Guarantees Of Vendor Financing
GuaranteesOfVendorFinancing
18500000 USD
CY2012Q3 fmc Guarantees Of Vendor Financing
GuaranteesOfVendorFinancing
27400000 USD
CY2012Q3 fmc Income From Continuing Operations Before Income Taxes
IncomeFromContinuingOperationsBeforeIncomeTaxes
135300000 USD
fmc Income From Continuing Operations Before Income Taxes
IncomeFromContinuingOperationsBeforeIncomeTaxes
475800000 USD
fmc Income From Continuing Operations Before Income Taxes
IncomeFromContinuingOperationsBeforeIncomeTaxes
419800000 USD
CY2011Q3 fmc Income From Continuing Operations Before Income Taxes
IncomeFromContinuingOperationsBeforeIncomeTaxes
127000000 USD
fmc Increase Decrease In Guarantees Of Vendor Financing
IncreaseDecreaseInGuaranteesOfVendorFinancing
10300000 USD
fmc Increase Decrease In Guarantees Of Vendor Financing
IncreaseDecreaseInGuaranteesOfVendorFinancing
-8900000 USD
fmc Increase In Third Party Environmental Recoveries Receivable
IncreaseInThirdPartyEnvironmentalRecoveriesReceivable
0 USD
CY2012Q3 fmc Intangible Asset Accumulated Amortization
IntangibleAssetAccumulatedAmortization
22000000 USD
CY2011Q4 fmc Intangible Asset Accumulated Amortization
IntangibleAssetAccumulatedAmortization
13200000 USD
fmc Issuances Of Common Stock Net
IssuancesOfCommonStockNet
12600000 USD
fmc Issuances Of Common Stock Net
IssuancesOfCommonStockNet
9000000 USD
fmc Line Of Credit Facility Covenant Compliance Actual Interest Coverage Ratio
LineOfCreditFacilityCovenantComplianceActualInterestCoverageRatio
17.3
fmc Line Of Credit Facility Covenant Compliance Actual Leverage Ratio
LineOfCreditFacilityCovenantComplianceActualLeverageRatio
1.3
fmc Line Of Credit Facility Covenant Terms Maximum Leverage Ratio
LineOfCreditFacilityCovenantTermsMaximumLeverageRatio
3.5
fmc Line Of Credit Facility Covenant Terms Minimum Interest Coverage Ratio
LineOfCreditFacilityCovenantTermsMinimumInterestCoverageRatio
3.5
CY2011Q3 fmc Net Income Allocable To Common Stockholders
NetIncomeAllocableToCommonStockholders
86400000 USD
CY2012Q3 fmc Net Income Allocable To Common Stockholders
NetIncomeAllocableToCommonStockholders
89600000 USD
fmc Net Income Allocable To Common Stockholders
NetIncomeAllocableToCommonStockholders
312600000 USD
fmc Net Income Allocable To Common Stockholders
NetIncomeAllocableToCommonStockholders
286600000 USD
fmc Non Operating Pension And Postretirement Charges
NonOperatingPensionAndPostretirementCharges
26300000 USD
CY2011Q3 fmc Non Operating Pension And Postretirement Charges
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3400000 USD
fmc Non Operating Pension And Postretirement Charges
NonOperatingPensionAndPostretirementCharges
12400000 USD
CY2012Q3 fmc Non Operating Pension And Postretirement Charges
NonOperatingPensionAndPostretirementCharges
8100000 USD
CY2011Q3 fmc Operating Income Loss Before Other Unallocated Amounts
OperatingIncomeLossBeforeOtherUnallocatedAmounts
148800000 USD
fmc Operating Income Loss Before Other Unallocated Amounts
OperatingIncomeLossBeforeOtherUnallocatedAmounts
546500000 USD
CY2012Q3 fmc Operating Income Loss Before Other Unallocated Amounts
OperatingIncomeLossBeforeOtherUnallocatedAmounts
162000000 USD
fmc Operating Income Loss Before Other Unallocated Amounts
OperatingIncomeLossBeforeOtherUnallocatedAmounts
476400000 USD
fmc Other Charges Income Net
OtherChargesIncomeNet
5700000 USD
CY2012Q3 fmc Other Charges Income Net
OtherChargesIncomeNet
5400000 USD
fmc Other Charges Income Net
OtherChargesIncomeNet
7300000 USD
CY2011Q3 fmc Other Charges Income Net
OtherChargesIncomeNet
1100000 USD
fmc Payments For Repurchase Of Common Stock Other Than Under Amounts Publically Annouced Program
PaymentsForRepurchaseOfCommonStockOtherThanUnderAmountsPublicallyAnnoucedProgram
4200000 USD
fmc Payments For Repurchase Of Common Stock Other Than Under Amounts Publically Annouced Program
PaymentsForRepurchaseOfCommonStockOtherThanUnderAmountsPublicallyAnnoucedProgram
3800000 USD
fmc Payments Of Other Discontinued Reserves
PaymentsOfOtherDiscontinuedReserves
19600000 USD
fmc Payments Of Other Discontinued Reserves
PaymentsOfOtherDiscontinuedReserves
17200000 USD
fmc Pension And Other Postretirement Benefits
PensionAndOtherPostretirementBenefits
27900000 USD
fmc Pension And Other Postretirement Benefits
PensionAndOtherPostretirementBenefits
43000000 USD
CY2012Q3 fmc Properties
Properties
180
CY2011Q3 fmc Purchase Accounting Inventory Fair Value Impact And Other Related Inventory Adjustments
PurchaseAccountingInventoryFairValueImpactAndOtherRelatedInventoryAdjustments
0 USD
fmc Purchase Accounting Inventory Fair Value Impact And Other Related Inventory Adjustments
PurchaseAccountingInventoryFairValueImpactAndOtherRelatedInventoryAdjustments
7200000 USD
CY2012Q3 fmc Purchase Accounting Inventory Fair Value Impact And Other Related Inventory Adjustments
PurchaseAccountingInventoryFairValueImpactAndOtherRelatedInventoryAdjustments
600000 USD
fmc Purchase Accounting Inventory Fair Value Impact And Other Related Inventory Adjustments
PurchaseAccountingInventoryFairValueImpactAndOtherRelatedInventoryAdjustments
0 USD
CY2012Q3 fmc Residental Properties
ResidentalProperties
150
fmc Restructuring And Other Charges Income
RestructuringAndOtherChargesIncome
27200000 USD
CY2011Q3 fmc Restructuring And Other Charges Income
RestructuringAndOtherChargesIncome
13400000 USD
CY2012Q3 fmc Restructuring And Other Charges Income
RestructuringAndOtherChargesIncome
11600000 USD
fmc Restructuring And Other Charges Income
RestructuringAndOtherChargesIncome
18900000 USD
fmc Restructuring And Other Charges Income Cf
RestructuringAndOtherChargesIncomeCf
27200000 USD
fmc Restructuring And Other Charges Income Cf
RestructuringAndOtherChargesIncomeCf
18900000 USD
fmc Restructuring And Other Spending
RestructuringAndOtherSpending
79400000 USD
fmc Restructuring And Other Spending
RestructuringAndOtherSpending
7300000 USD
fmc Shares For Benefit Plan Trust
SharesForBenefitPlanTrust
2200000 USD
fmc Stock Compensation Plans
StockCompensationPlans
25600000 USD
fmc Total Costs And Expenses
TotalCostsAndExpenses
2023100000 USD
fmc Total Costs And Expenses
TotalCostsAndExpenses
2238000000 USD
CY2011Q3 fmc Total Costs And Expenses
TotalCostsAndExpenses
726500000 USD
CY2012Q3 fmc Total Costs And Expenses
TotalCostsAndExpenses
755600000 USD
CY2012Q3 fmc Tribal Court Decision On Permit Fees
TribalCourtDecisionOnPermitFees
9000000 USD
fmc Tribal Permit Fee
TribalPermitFee
1500000 USD
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2012
dei Document Period End Date
DocumentPeriodEndDate
2012-09-30
dei Document Type
DocumentType
10-Q
dei Entity Central Index Key
EntityCentralIndexKey
0000037785
CY2012Q3 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
137394104 shares
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
dei Entity Registrant Name
EntityRegistrantName
FMC CORPORATION

Files In Submission

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