Preferred stock, shares authorized (in shares)

  
FMC CORPORATIONCONDENSED CONSOLIDATED BALANCE SHEETS

|  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
|  |  |  |  |  |  |  |  |  |  |  |  |
| (in Millions, Except Share and Par Value Data) | September 30, 2022 |  | December 31, 2021 |
| ASSETS | (unaudited) |
| Current assets |  |  |  |
| Cash and cash equivalents | $ | 363.8  |  |  | $ | 516.8  |  |
| Trade receivables, net of allowance of $34.5 in 2022 and $37.4 in 2021 | 2,599.9  |  |  | 2,583.7  |  |
| Inventories | 1,731.5  |  |  | 1,521.9  |  |
| Prepaid and other current assets | 415.4  |  |  | 431.4  |  |
|  |  |  |  |
|  |  |  |  |
| Total current assets | $ | 5,110.6  |  |  | $ | 5,053.8  |  |
| Investments | 10.3  |  |  | 9.2  |  |
| Property, plant and equipment, net | 789.6  |  |  | 817.0  |  |
| Goodwill | 1,574.1  |  |  | 1,463.3  |  |
| Other intangibles, net | 2,472.7  |  |  | 2,521.9  |  |
| Other assets including long-term receivables, net | 623.3  |  |  | 613.8  |  |
| Deferred income taxes | 184.1  |  |  | 194.1  |  |
|  |  |  |  |
| Total assets | $ | 10,764.7  |  |  | $ | 10,673.1  |  |
| LIABILITIES AND EQUITY |  |  |  |
| Current liabilities |  |  |  |
| Short-term debt and current portion of long-term debt | $ | 826.3  |  |  | $ | 440.8  |  |
| Accounts payable, trade and other | 1,045.7  |  |  | 1,135.0  |  |
| Advance payments from customers | 3.3  |  |  | 630.7  |  |
| Accrued and other liabilities | 611.4  |  |  | 631.2  |  |
|  |  |  |  |
| Accrued customer rebates | 857.7  |  |  | 406.7  |  |
| Guarantees of vendor financing | 184.2  |  |  | 206.2  |  |
| Accrued pension and other postretirement benefits, current | 4.3  |  |  | 4.3  |  |
| Income taxes | 99.3  |  |  | 65.4  |  |
|  |  |  |  |
| Total current liabilities | $ | 3,632.2  |  |  | $ | 3,520.3  |  |
| Long-term debt, less current portion | 2,732.5  |  |  | 2,731.7  |  |
| Accrued pension and other postretirement benefits, long-term | 38.8  |  |  | 41.8  |  |
| Environmental liabilities, continuing and discontinued | 356.5  |  |  | 415.9  |  |
| Deferred income taxes | 351.7  |  |  | 342.4  |  |
| Other long-term liabilities | 449.4  |  |  | 477.3  |  |
|  |  |  |  |
| Commitments and contingent liabilities (Note 19) |  |  |  |
| Equity |  |  |  |
| Preferred stock, no par value, authorized 5,000,000 shares; no shares issued in 2022 or 2021 | $ | —  |  |  | $ | —  |  |
| Common stock, $0.10 par value, authorized 260,000,000 shares; 185,983,792 issued shares in 2022 and 2021 | 18.6  |  |  | 18.6  |  |
| Capital in excess of par value of common stock | 903.3  |  |  | 880.4  |  |
| Retained earnings | 5,354.8  |  |  | 5,092.9  |  |
| Accumulated other comprehensive income (loss) | (542.0) |  |  | (325.5) |  |
| Treasury stock, common, at cost - 2022: 60,017,869 shares, 2021: 60,284,313 shares | (2,546.5) |  |  | (2,542.1) |  |
| Total FMC stockholders’ equity | $ | 3,188.2  |  |  | $ | 3,124.3  |  |
| Noncontrolling interests | 15.4  |  |  | 19.4  |  |
| Total equity | $ | 3,203.6  |  |  | $ | 3,143.7  |  |
| Total liabilities and equity | $ | 10,764.7  |  |  | $ | 10,673.1  |  |

  
The accompanying notes are an integral part of these condensed consolidated financial statements.5
