FMC (FMC) 10-Q 3 Aug 22 2022 Q2 Quarterly report Financial data

Cover Page

Cover Page	6 Months Ended
	Jun. 30, 2022 shares
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Jun. 30, 2022
Document Transition Report	false
Entity File Number	1-2376
Entity Registrant Name	FMC CORPORATION
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	94-0479804
Entity Address, Address Line One	2929 Walnut Street
Entity Address, City or Town	Philadelphia
Entity Address, State or Province	PA
Entity Address, Postal Zip Code	19104
City Area Code	215
Local Phone Number	299-6000
Title of 12(b) Security	Common Stock, par value $0.10 per share
Trading Symbol	FMC
Security Exchange Name	NYSE
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding	125,959,269
Entity Central Index Key	0000037785
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	Q2
Amendment Flag	false

Condensed Consolidated Statemen

Condensed Consolidated Statements of Income (Loss) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Income Statement [Abstract]
Revenue	$ 1,452.3	$ 1,242	$ 2,803.1	$ 2,437.6
Costs and Expenses
Costs of sales and services	861.3	710.2	1,639.4	1,393.4
Gross margin	591	531.8	1,163.7	1,044.2
Selling, general and administrative expenses	194.8	161	383.3	335.5
Research and development expenses	79.5	65.9	151.3	139.9
Restructuring and other charges (income)	80.8	16.3	89.9	19.5
Total costs and expenses	1,216.4	953.4	2,263.9	1,888.3
Income from continuing operations before non-operating pension and postretirement charges (income), interest expense, net and income taxes	235.9	288.6	539.2	549.3
Non-operating pension and postretirement charges (income)	3.9	4.8	8.2	9.6
Interest expense, net	35.3	32.6	65.2	65
Income (loss) from continuing operations before income taxes	196.7	251.2	465.8	474.7
Provision (benefit) for income taxes	54.7	33.4	97	65.6
Income (loss) from continuing operations	142	217.8	368.8	409.1
Discontinued operations, net of income taxes	(10.8)	(14.6)	(26)	(22.7)
Net income (loss)	131.2	203.2	342.8	386.4
Less: Net income (loss) attributable to noncontrolling interests	(3)	0.3	1.2	0.9
Net income (loss) attributable to FMC stockholders	134.2	202.9	341.6	385.5
Amounts attributable to FMC stockholders:
Continuing operations, net of income taxes	145	217.5	367.6	408.2
Discontinued operations, net of income taxes	(10.8)	(14.6)	(26)	(22.7)
Net income (loss) attributable to FMC stockholders	$ 134.2	$ 202.9	$ 341.6	$ 385.5
Basic earnings (loss) per common share attributable to FMC stockholders:
Continuing operations (in USD per share)	$ 1.15	$ 1.68	$ 2.91	$ 3.15
Discontinued operations (in USD per share)	(0.09)	(0.11)	(0.21)	(0.18)
Net income (loss) attributable to FMC stockholders (in USD per share)	1.06	1.57	2.70	2.97
Diluted earnings (loss) per common share attributable to FMC stockholders:
Continuing operations (in USD per share)	1.15	1.67	2.90	3.14
Discontinued operations (in USD per share)	(0.09)	(0.11)	(0.21)	(0.17)
Net income (loss) attributable to FMC stockholders (in USD per share)	$ 1.06	$ 1.56	$ 2.69	$ 2.97

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Comprehensive Income (Loss) - USD ($) $ in Millions		3 Months Ended				6 Months Ended
		Jun. 30, 2022		Jun. 30, 2021		Jun. 30, 2022	Jun. 30, 2021
Statement of Comprehensive Income [Abstract]
Net income (loss)		$ 131.2		$ 203.2		$ 342.8	$ 386.4
Foreign currency adjustments:
Foreign currency translation gain (loss) arising during the period		(81.5)		15.3		(120.9)	(34.5)
Reclassification of foreign currency translation (gains) losses		4.2		0		4.2	0
Total foreign currency translation adjustments	[1]	(77.3)		15.3		(116.7)	(34.5)
Derivative instruments:
Unrealized hedging gains (losses) and other, net of tax expense (benefit) of $(2.1) and $(2.6) for the three and six months ended June 30, 2022 and $(2.0) and $2.0 for the three and six months ended June 30, 2021, respectively		40.2		(48)		(44.5)	(7.5)
Reclassification of deferred hedging (gains) losses, net of tax	[2]	7.8		7.1		8.4	11.2
Total derivative instruments, net of tax expense (benefit) of $1.6 and $2.6 for the three and six months ended June 30, 2022 and $0.2 and $5.0 for the three and six months ended June 30, 2021, respectively		48		(40.9)		(36.1)	3.7
Pension and other postretirement benefits:
Unrealized actuarial gains (losses) and prior service (costs) credits, net of tax expense (benefit) of zero and zero for the three and six months ended June 30, 2022 and zero and zero for the three and six months ended June 30, 2021, respectively		0		0		0	(0.1)
Reclassification of net actuarial and other (gain) loss and amortization of prior service costs, included in net income, net of tax (expense) benefit	[2]	3.2		4.3		6.8	8.7
Total pension and other postretirement benefits, net of tax expense (benefit) of $0.8 and $1.8 for the three and six months ended June 30, 2022 and $1.2 and $2.3 for the three and six months ended June 30, 2021, respectively		3.2	[3]	4.3	[4]	6.8	8.6
Other comprehensive income (loss), net of tax		(26.1)		(21.3)		(146)	(22.2)
Comprehensive income (loss)		105.1		181.9		196.8	364.2
Less: Comprehensive income (loss) attributable to the noncontrolling interest		(4.3)		0.7		(0.1)	1
Comprehensive income (loss) attributable to FMC stockholders		$ 109.4		$ 181.2		$ 196.9	$ 363.2
[1]Income taxes are not provided for foreign currency translation because the related investments are essentially permanent in duration.[2]For more detail on the components of these reclassifications and the affected line item in the condensed consolidated statements of income (loss) see Note 14.[3]See condensed consolidated statements of comprehensive income (loss).[4]See condensed consolidated statements of comprehensive income (loss).

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Comprehensive Income (Loss) (Parentheticals) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Statement of Comprehensive Income [Abstract]
Unrealized hedging gains (losses) and other, tax	$ (2.1)	$ (2)	$ (2.6)	$ 2
Reclassification of deferred hedging (gains) losses and other, included in net income, tax	3.7	2.2	5.2	3
Total derivative instruments, tax	1.6	0.2	2.6	5
Unrealized actuarial gains (losses) and prior service (costs) credits, tax	0	0
Reclassification of net actuarial and other (gain) loss and amortization of prior service costs, included in net income, tax	0.8	$ 1.2	(1.8)	(2.3)
Total pension and other postretirement benefits, tax	$ 0.8		$ (1.8)	$ (2.3)

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Jun. 30, 2022	Dec. 31, 2021
Current assets
Cash and cash equivalents	$ 591.5	$ 516.8
Trade receivables, net of allowance of $36.5 in 2022 and $37.4 in 2021	2,885.1	2,583.7
Inventories	1,590.4	1,405.7
Prepaid and other current assets	450.4	431.4
Total current assets	5,517.4	4,937.6
Investments	10.1	9.2
Property, plant and equipment, net	797.4	817
Goodwill	1,455.8	1,463.3
Other intangibles, net	2,446.4	2,521.9
Other assets including long-term receivables, net	602.2	613.8
Deferred income taxes	214.9	218.5
Total assets	11,044.2	10,581.3
Current liabilities
Short-term debt and current portion of long-term debt	1,155.1	440.8
Accounts payable, trade and other	1,122.2	1,135
Advance payments from customers	1.8	630.7
Accrued and other liabilities	594.3	631.2
Accrued customer rebates	793.2	406.7
Guarantees of vendor financing	204.9	206.2
Accrued pension and other postretirement benefits, current	4.3	4.3
Income taxes	109.9	65.4
Total current liabilities	3,985.7	3,520.3
Long-term debt, less current portion	2,731.7	2,731.7
Accrued pension and other postretirement benefits, long-term	39.5	41.8
Environmental liabilities, continuing and discontinued	373.4	415.9
Deferred income taxes	334	342.4
Other long-term liabilities	452.6	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	0	0
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	897.5	880.4
Retained earnings	5,199.1	4,991.3
Accumulated other comprehensive income (loss)	(460.4)	(315.7)
Treasury stock, common, at cost - 2022: 60,024,523 shares, 2021: 60,284,313 shares	(2,546.3)	(2,542.1)
Total FMC stockholders’ equity	3,108.5	3,032.5
Noncontrolling interests	18.8	19.4
Total equity	3,127.3	3,051.9
Total liabilities and equity	$ 11,044.2	$ 10,581.3

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parentheticals) - USD ($) $ in Millions	Jun. 30, 2022	Dec. 31, 2021
Current assets
Allowance for trade receivables	$ 36.5	$ 37.4
Equity
Preferred stock, par value (in dollars per share)	$ 0	$ 0
Preferred stock, shares authorized (in shares)	5,000,000	5,000,000
Preferred stock, shares issued (in shares)	0	0
Common stock, par value (in USD per share)	$ 0.10	$ 0.10
Common stock, shares authorized (in shares)	260,000,000	260,000,000
Common stock, shares issued (in shares)	185,983,792	185,983,792
Treasury stock, shares (in shares)	60,024,523	60,284,313

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Cash Flows - USD ($)		6 Months Ended
		Jun. 30, 2022	Jun. 30, 2021
Cash provided (required) by operating activities of continuing operations:
Net income (loss)		$ 342,800,000	$ 386,400,000
Discontinued operations, net of income taxes		26,000,000	22,700,000
Income (loss) from continuing operations		368,800,000	409,100,000
Adjustments from income from continuing operations to cash provided (required) by operating activities of continuing operations:
Depreciation and amortization		85,200,000	85,100,000
Restructuring and other charges (income)		89,900,000	19,500,000
Deferred income taxes		(600,000)	(2,900,000)
Pension and other postretirement benefits		10,600,000	12,300,000
Share-based compensation		13,100,000	9,700,000
Changes in operating assets and liabilities, net of effect of acquisitions and divestitures:
Trade receivables, net		(432,600,000)	(282,900,000)
Guarantees of vendor financing		(1,200,000)	29,400,000
Advance payments from customers		(628,800,000)	(344,300,000)
Accrued customer rebates		400,000,000	305,200,000
Inventories		(235,800,000)	(310,400,000)
Accounts payable, trade and other		38,800,000	207,500,000
Income taxes		19,700,000	(9,700,000)
Pension and other postretirement benefit contributions		(2,300,000)	(1,700,000)
Environmental spending, continuing, net of recoveries		(10,800,000)	(44,800,000)
Restructuring and other spending	[1]	(16,800,000)	(17,000,000)
Transaction and integration costs		(500,000)	(5,800,000)
Change in other operating assets and liabilities, net	[2]	(98,600,000)	(97,700,000)
Cash provided (required) by operating activities of continuing operations		(401,900,000)	(39,400,000)
Cash provided (required) by operating activities of discontinued operations:
Environmental spending, discontinued, net of recoveries		(14,700,000)	(22,500,000)
Other discontinued spending		(16,900,000)	(9,900,000)
Cash provided (required) by operating activities of discontinued operations		(31,600,000)	(32,400,000)
Cash provided (required) by investing activities of continuing operations:
Capital expenditures		(73,700,000)	(46,900,000)
Investment in Enterprise Resource Planning system		0	(12,700,000)
Acquisitions, including cost and equity method, net		(500,000)	(2,600,000)
Other investing activities		8,900,000	(19,000,000)
Cash provided (required) by investing activities of continuing operations		(65,300,000)	(81,200,000)
Cash provided (required) by financing activities of continuing operations:
Increase (decrease) in short-term debt		721,500,000	546,800,000
Repayments of long-term debt		(300,000)	(2,600,000)
Financing fees		(1,500,000)	(1,700,000)
Issuances of common stock, net		8,300,000	5,600,000
Dividends paid	[3]	(133,700,000)	(124,300,000)
Repurchases of common stock under publicly announced program		0	(100,000,000)
Other repurchases of common stock		(8,600,000)	(7,900,000)
Cash provided (required) by financing activities of continuing operations		585,700,000	315,900,000
Effect of exchange rate changes on cash and cash equivalents		(12,200,000)	(3,300,000)
Increase (decrease) in cash and cash equivalents		74,700,000	159,600,000
Cash and cash equivalents, beginning of period		516,800,000	568,900,000
Cash and cash equivalents, end of period		$ 591,500,000	$ 728,500,000
[1]The restructuring and other spending amount for the six months ended June 30, 2022 and 2021 includes spending of $3.2 million and $0.8 million related to the Furadan® asset retirement obligations.[2]Changes in all periods primarily represent timing of payments associated with all other operating assets and liabilities.[3]See Note 14 regarding the quarterly cash dividend.

Condensed Consolidated Statem_5

Condensed Consolidated Statements of Cash Flows (Parentheticals) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Statement of Cash Flows [Abstract]
Asset retirement obligation	$ 3.2	$ 0.8
Cash paid for interest, net of capitalized interest	61.2	60.1
Income taxes paid, net of refunds	53.2	65.2
Non-cash additions to property, plant and equipment	$ 24.5	$ 15

Condensed Consolidated Statem_6

Condensed Consolidated Statements of Changes in Equity Statement - USD ($) $ in Millions		Total	Common Stock, $0.10 Par Value	Capital In Excess of Par	Retained Earnings	Accumulated Other Comprehensive Income (Loss)	Treasury Stock	Non-controlling Interest
Beginning balance at Dec. 31, 2020		$ 2,984.2	$ 18.6	$ 860.2	$ 4,506.4	$ (282.2)	$ (2,141.2)	$ 22.4
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)		183.2			182.6			0.6
Stock compensation plans		9.6		5.2			4.4
Shares for benefit plan trust		(0.1)					(0.1)
Net pension and other benefit actuarial gains (losses) and prior service costs, net of income tax	[1]	4.3				4.3
Net hedging gains (losses) and other, net of income tax	[1]	44.6				44.6
Foreign currency translation adjustments	[1]	(49.8)				(49.5)		(0.3)
Dividends		(62)			(62)
Repurchases of common stock		(82.7)					(82.7)
Ending balance at Mar. 31, 2021		3,031.3	18.6	865.4	4,627	(282.8)	(2,219.6)	22.7
Beginning balance at Dec. 31, 2020		2,984.2	18.6	860.2	4,506.4	(282.2)	(2,141.2)	22.4
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)		386.4
Net pension and other benefit actuarial gains (losses) and prior service costs, net of income tax		8.6
Ending balance at Jun. 30, 2021		3,134.1	18.6	870.5	4,767.9	(304.5)	(2,241.8)	23.4
Beginning balance at Mar. 31, 2021		3,031.3	18.6	865.4	4,627	(282.8)	(2,219.6)	22.7
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)		203.2			202.9			0.3
Stock compensation plans		5.6		5.1			0.5
Shares for benefit plan trust		2.5					2.5
Net pension and other benefit actuarial gains (losses) and prior service costs, net of income tax	[1]	4.3				4.3
Net hedging gains (losses) and other, net of income tax	[1]	(40.9)				(40.9)
Foreign currency translation adjustments	[1]	15.3				14.9		0.4
Dividends		(62)			(62)
Repurchases of common stock		(25.2)					(25.2)
Ending balance at Jun. 30, 2021		3,134.1	18.6	870.5	4,767.9	(304.5)	(2,241.8)	23.4
Beginning balance at Dec. 31, 2021		3,051.9	18.6	880.4	4,991.3	(315.7)	(2,542.1)	19.4
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)		211.6			207.4			4.2
Stock compensation plans		14.5		10.5			4
Shares for benefit plan trust		0.1					0.1
Net pension and other benefit actuarial gains (losses) and prior service costs, net of income tax	[2]	3.6				3.6
Net hedging gains (losses) and other, net of income tax	[2]	(84.1)				(84.1)
Foreign currency translation adjustments	[2]	(39.4)				(39.4)		0
Dividends		(66.9)			(66.9)
Repurchases of common stock		(8.6)					(8.6)
Distributions to noncontrolling interests		(0.5)						(0.5)
Ending balance at Mar. 31, 2022		3,082.2	18.6	890.9	5,131.8	(435.6)	(2,546.6)	23.1
Beginning balance at Dec. 31, 2021		3,051.9	18.6	880.4	4,991.3	(315.7)	(2,542.1)	19.4
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)		342.8
Net pension and other benefit actuarial gains (losses) and prior service costs, net of income tax		6.8
Ending balance at Jun. 30, 2022		3,127.3	18.6	897.5	5,199.1	(460.4)	(2,546.3)	18.8
Beginning balance at Mar. 31, 2022		3,082.2	18.6	890.9	5,131.8	(435.6)	(2,546.6)	23.1
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)		131.2			134.2			(3)
Stock compensation plans		6.9		6.6			0.3
Net pension and other benefit actuarial gains (losses) and prior service costs, net of income tax	[2]	3.2				3.2
Net hedging gains (losses) and other, net of income tax	[2]	48				48
Foreign currency translation adjustments	[2]	(77.3)				(76)		(1.3)
Dividends		(66.9)			(66.9)
Ending balance at Jun. 30, 2022		$ 3,127.3	$ 18.6	$ 897.5	$ 5,199.1	$ (460.4)	$ (2,546.3)	$ 18.8
[1]See condensed consolidated statements of comprehensive income (loss).[2]See condensed consolidated statements of comprehensive income (loss).

Condensed Consolidated Statem_7

Condensed Consolidated Statements of Changes in Equity (Parenthetical) - $ / shares	3 Months Ended
	Jun. 30, 2022	Mar. 31, 2022	Mar. 31, 2021
Statement of Stockholders' Equity [Abstract]
Common stock, par value (in USD per share)	$ 0.10
Dividends (in USD per share)	$ 0.53	$ 0.53	$ 0.48

Financial Information and Accou

Financial Information and Accounting Policies	6 Months Ended
	Jun. 30, 2022
Accounting Policies [Abstract]
Financial Information and Accounting Policies	Financial Information and Accounting PoliciesIn our opinion the condensed consolidated financial statements have been prepared in conformity with U.S. generally accepted accounting principles ("U.S. GAAP") applicable to interim period financial statements and reflect all adjustments necessary for a fair statement of results of operations for the three and six months ended June 30, 2022 and 2021, cash flows for the six months ended June 30, 2022 and 2021, changes in equity for the three and six months ended June 30, 2022 and 2021, and our financial positions as of June 30, 2022 and December 31, 2021. All such adjustments included herein are of a normal, recurring nature unless otherwise disclosed in the Notes. The results of operations for the three and six months ended June 30, 2022 and 2021 are not necessarily indicative of the results of operations for the full year. The condensed consolidated balance sheets as of June 30, 2022 and December 31, 2021, and the related condensed consolidated statements of income (loss) and condensed consolidated statements of comprehensive income (loss) for the three and six months ended June 30, 2022 and 2021, condensed consolidated statements of cash flows for the six months ended June 30, 2022 and 2021, and condensed consolidated statements of changes in equity for the three and six months ended June 30, 2022 and 2021 have been reviewed by our independent registered public accountants. The review is described more fully in their report included herein. Our accounting policies are set forth in detail in Note 1 to the consolidated financial statements included with our Annual Report on Form 10-K filed with the Securities and Exchange Commission for the year ended December 31, 2021 (the "2021 Form 10-K").Given the COVID-19 pandemic ("COVID"), many countries, including the United States, subsequently imposed restrictions on both travel and business closures in an effort to mitigate the spread of COVID. As an agriculture sciences company, we are considered an "essential" industry in the countries in which we operate and have avoided significant plant closures and all our manufacturing facilities and distribution warehouses are operational. The extent to which COVID will continue to impact us will depend on future developments, many of which remain uncertain and cannot be predicted with confidence, including the duration of the pandemic, further actions to be taken to contain the pandemic or mitigate its impact, and the extent of the direct and indirect economic effects of the pandemic and containment measures, among others.

Recently Issued and Adopted Acc

Recently Issued and Adopted Accounting Pronouncements and Regulatory Items	6 Months Ended
	Jun. 30, 2022
Accounting Policies [Abstract]
Recently Issued and Adopted Accounting Pronouncements and Regulatory Items	Recently Issued and Adopted Accounting Pronouncements and Regulatory ItemsNew accounting guidance and regulatory items In March 2020, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") No. 2020-04, Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting.

Revenue Recognition

Revenue Recognition	6 Months Ended
	Jun. 30, 2022
Revenue from Contract with Customer [Abstract]
Revenue Recognition	Revenue Recognition Disaggregation of revenue We disaggregate revenue from contracts with customers by geographical areas and major product categories. We have three major agricultural product categories: insecticides, herbicides, and fungicides. Plant health, which includes biological products, is also included in the below table, because it is a growing part of our business. The disaggregated revenue tables are shown below for the three and six months ended June 30, 2022 and 2021. The following table provides information about disaggregated revenue by major geographical region: Three Months Ended June 30, Six Months Ended June 30, (in Millions) 2022 2021 2022 2021 North America $ 364.6 $ 290.5 $ 754.4 $ 591.5 Latin America 431.5 299.6 697.4 502.8 Europe, Middle East & Africa (EMEA) 280.8 272.9 679.0 672.3 Asia 375.4 379.0 672.3 671.0 Total Revenue $ 1,452.3 $ 1,242.0 $ 2,803.1 $ 2,437.6 The following table provides information about disaggregated revenue by product category: Three Months Ended June 30, Six Months Ended June 30, (in Millions) 2022 2021 2022 2021 Insecticides $ 897.1 $ 741.8 $ 1,663.8 $ 1,428.8 Herbicides 380.3 330.8 784.7 692.5 Fungicides 63.3 94.5 172.0 185.0 Plant Health 62.7 52.1 116.1 102.3 Other 48.9 22.8 66.5 29.0 Total Revenue $ 1,452.3 $ 1,242.0 $ 2,803.1 $ 2,437.6 We earn revenue from the sale of a wide range of products to a diversified base of customers around the world. We develop, market and sell all three major classes of crop protection chemicals (insecticides, herbicides and fungicides) as well as biologicals, crop nutrition, and seed treatment, which we group as plant health. These products are used in agriculture to enhance crop yield and quality by controlling a broad spectrum of insects, weeds and disease, as well as in non-agricultural markets for pest control. The majority of our product lines consist of insecticides and herbicides, with a smaller portfolio of fungicides mainly used in high value crop segments. We are investing in plant health which includes our growing biological products. Our insecticides are used to control a wide spectrum of pests, while our herbicide portfolio primarily targets a large variety of difficult-to-control weeds. Products in the other category include various agricultural products such as smaller classes of pesticides, growth promoters, and other miscellaneous revenue sources. Sale of Goods Revenue from product sales is recognized when (or as) we satisfy a performance obligation by transferring the promised goods to a customer, that is, when control of the good transfers to the customer. The customer is then invoiced at the agreed-upon price with payment terms generally ranging from 30 to 90 days, with some regions providing terms longer than 90 days. We do not typically give payment terms that exceed 360 days; however, in certain geographical regions such as Latin America, these terms may be given in limited circumstances. Additionally, a timing difference of over one year can exist between when products are delivered to the customer and when payment is received from the customer in these regions; however, the effect of these sales is not material to the financial statements as a whole. Furthermore, we have assessed the circumstances and arrangements in these regions and determined that the contracts with these customers do not contain a significant financing component. In determining when the control of goods is transferred, we typically assess, among other things, the transfer of risk and title and the shipping terms of the contract. The transfer of title and risk typically occurs either upon shipment to the customer or upon receipt by the customer. As such, we typically recognize revenue when goods are shipped based on the relevant Incoterm for the product order, or in some regions, when delivery to the customer’s requested destination has occurred. When we perform shipping and handling activities after the transfer of control to the customer (e.g., when control transfers prior to delivery), they are considered as fulfillment activities, and accordingly, the costs are accrued for when the related revenue is recognized. For FOB shipping point terms, revenue is recognized at the time of shipment since the customer gains control at this point in time. We record amounts billed for shipping and handling fees as revenue. Costs incurred for shipping and handling are recorded as costs of sales and services. Amounts billed for sales and use taxes, value-added taxes, and certain excise and other specific transactional taxes imposed on revenue-producing transactions are presented on a net basis and excluded from sales in the consolidated income statements. We record a liability until remitted to the respective taxing authority. Sales Incentives and Other Variable Considerations As a part of our customary business practice, we offer a number of sales incentives to our customers including volume discounts, retailer incentives, and prepayment options. The variable considerations given can differ by products, support levels and other eligibility criteria. For all such contracts that include any variable consideration, we estimate the amount of variable consideration that should be included in the transaction price utilizing either the expected value method or the most likely amount method depending on the nature of the variable consideration. Variable consideration is included in the transaction price if, in our judgment, it is probable that a significant future reversal of cumulative revenue under the contract will not occur. Although determining the transaction price for these considerations requires significant judgment, we have significant historical experience with incentives provided to customers and estimate the expected consideration considering historical patterns of incentive payouts. These estimates are reassessed each reporting period as required. In addition to the variable considerations described above, in certain instances, we may require our customers to meet certain volume thresholds within their contract term. We estimate what amount of variable consideration should be included in the transaction price at contract inception and continually reassess this estimation each reporting period to determine situations when the minimum volume thresholds will not be met. Right of Return We extend an assurance warranty offering customers a right of refund or exchange in case delivered product does not conform to specifications. Additionally, in certain regions and arrangements, we may offer a right of return for a specified period. Both instances are accounted for as a right of return and transaction price is adjusted for an estimate of expected returns. Replacement products are accounted for under the warranty guidance if the customer exchanges one product for another of the same kind, quality, and price. We have significant experience with historical return patterns and use this experience to include returns in the estimate of transaction price. Contract Asset and Contract Liability Balances We satisfy our obligations by transferring goods and services in exchange for consideration from customers. The timing of performance sometimes differs from the timing the associated consideration is received from the customer, thus resulting in the recognition of a contract asset or contract liability. We recognize a contract liability if the customer's payment of consideration is received prior to completion of our related performance obligation. The following table presents the opening and closing balances of our receivables, net of allowances and contract liabilities from contracts with customers: (in Millions) Balance as of December 31, 2021 Balance as of June 30, 2022 Increase (Decrease) Receivables from contracts with customers, net of allowances (1) $ 2,641.1 $ 2,953.5 $ 312.4 Contract liabilities: Advance Payments from customers 630.7 1.8 (628.9) ____________________ (1) Amount includes $2,885.1 million of trade receivables and $68.4 million of net long-term customer receivables as of June 30, 2022. See Note 6 for more information. The balance of receivables from contracts with customers listed in the table above include both current trade receivables and long-term receivables, net of allowance for doubtful accounts. The allowance for receivables represents our best estimate of the probable losses associated with potential customer defaults. We determine the allowance based on historical experience, current collection trends, and external business factors such as economic factors, including regional bankruptcy rates, and political factors. The change in allowance for doubtful accounts for both current trade receivables and long-term receivables is representative of the impairment of receivables as of June 30, 2022. Refer to Note 6 for further information. The amount of revenue recognized in the six months ended June 30, 2022 that was included in the opening contract liability balance is $628.9 million. We periodically enter into prepayment arrangements with customers and receive advance payments for product to be delivered in future periods. Prepayment terms are extended to customers/distributors in order to capitalize on surplus cash with growers. Growers receive bulk payments for their produce, which they leverage to buy our products from distributors through prepayment options. This in turn creates opportunity for distributors to make large prepayments to us for securing the future supply of products to be sold to growers. Prepayments are typically received in the fourth quarter of the fiscal year and are for the following marketing year indicating that the time difference between prepayment and performance of corresponding performance obligations does not exceed one year. We recognize these prepayments as a liability under "Advance payments from customers" on the condensed consolidated balance sheets when they are received. Revenue associated with advance payments is recognized as shipments are made and transfer of control to the customer takes place. Advance payments from customers was $630.7 million as of December 31, 2021 and $1.8 million as of June 30, 2022. Manufacturing and Seed Supply Agreements As part of the DuPont Crop Protection Business Acquisition in 2017, we acquired various manufacturing contracts. The manufacturing contracts have been recognized as an asset or liability to the extent the terms of the contract were favorable or unfavorable compared with market terms of the same or similar items at the date of the acquisition. We also entered into supply agreements with DuPont, with terms of up to five years, to supply technical insecticide products required for their retained seed treatment business at cost. The unfavorable liability is recorded within "Accrued and other liabilities" on the condensed consolidated balance sheets and is reduced and recognized to revenues within earnings as sales are made. The amount recognized in revenue for the six months ended June 30, 2022 and 2021 was approximately $54 million and $51 million, and $27 million and $26 million for the three months ended June 30, 2022 and 2021, respectively.

Leases

Leases	6 Months Ended
	Jun. 30, 2022
Leases [Abstract]
Leases	Leases We lease office space, vehicles and other equipment under non-cancellable leases with initial terms typically ranging from one At contract inception, we review the facts and circumstances of the arrangement to determine if the contract is a lease. We follow the guidance in ASC 842-10-15 and consider the following: whether the contract has an identified asset; if we have the right to obtain substantially all economic benefits from the asset; and if we have the right to direct the use of the underlying asset. When determining if a contract has an identified asset, we consider both explicit and implicit assets, and whether the supplier has the right to substitute the asset. When determining if we have the right to obtain substantially all economic benefits from the asset, we consider the primary outputs of the identified asset throughout the period of use and determine if we receive greater than 90 percent of those benefits. When determining if we have the right to direct the use of an underlying asset, we consider if we have the right to direct how and for what purpose the asset is used throughout the period of use and if we control the decision-making rights over the asset. All leased assets are classified as operating or finance under ASC 842. The lease term is determined as the non-cancellable period of the lease, together with all of the following: periods covered by an option to extend the lease which are reasonably certain to be exercised, periods covered by an option to terminate the lease if the lessee is reasonably certain not to exercise that option, and periods covered by an option to extend (or not to terminate) the lease in which exercise of the option is controlled by the lessor. At commencement, we assess whether any options included in the lease are reasonably certain to be exercised by considering all relevant economic factors including, contract-based, asset-based, market-based, and company-based factors. To determine the present value of future minimum lease payments, we use the implicit rate when readily determinable or our incremental borrowing rate at the lease commencement date. When determining our incremental borrowing rate, we consider our centralized treasury function and our current credit profile. We then make adjustments to this rate for securitization, the length of the lease term, and leases denominated in foreign currencies. Minimum lease payments are expensed over the term of the lease on a straight-line basis. Some leases may require additional contingent or variable lease payments based on factors specific to the individual agreement. Variable lease payments for which we are typically responsible for include payment of vehicle insurance, real estate taxes, and maintenance expenses. Most leases within our portfolio are classified as operating leases under the standard. Operating leases are included in "Other assets including long-term receivables, net", "Accrued and other liabilities", and "Other long-term liabilities" in our condensed consolidated balance sheets. Operating lease right-of-use ("ROU") assets are subsequently measured throughout the lease term at the carrying amount of the lease liability, plus initial direct costs, plus (minus) any prepaid (accrued) lease payments, less the unamortized balance of any lease incentives received. Lease expense for lease payments is recognized on a straight-line basis over the lease term. Operating leases relate to office spaces, IT equipment, transportation equipment, machinery equipment, furniture and fixtures, and plant and facilities under non-cancellable lease agreements. Leases primarily have fixed rental periods, with many of the real estate leases requiring additional payments for property taxes and occupancy-related costs. Leases for real estate typically have initial terms ranging from one one the balance sheet whose term is 12 months or less and does not include a purchase option or extension that is reasonably certain to be exercised. We rent or sublease a small number of assets including equipment and office space to third party companies. These third-party arrangements include a small number of TSA arrangements from recent acquisitions. Rental income from all subleases is not material to our business. The ROU asset and lease liability balances as of June 30, 2022 and December 31, 2021 were as follows: (in Millions) Classification June 30, 2022 December 31, 2021 Assets Operating lease ROU assets Other assets including long-term receivables, net $ 128.2 $ 135.2 Liabilities Operating lease current liabilities Accrued and other liabilities $ 22.7 $ 23.5 Operating lease noncurrent liabilities Other long-term liabilities 132.6 140.0 The components of lease expense for the three and six months ended June 30, 2022 and 2021 were as follows: Three Months Ended June 30, Six Months Ended June 30, (in Millions) Lease Cost Classification 2022 2021 2022 2021 Lease Cost Operating lease cost Costs of sales and services / Selling, general and administrative expenses $ 7.8 $ 8.7 $ 16.8 $ 17.3 Variable lease cost Costs of sales and services / Selling, general and administrative expenses 1.4 1.2 2.6 2.4 Total lease cost $ 9.2 $ 9.9 $ 19.4 $ 19.7 June 30, 2022 Operating Lease Term and Discount Rate Weighted-average remaining lease term (years) 8.8 Weighted-average discount rate 4.1 % Three Months Ended June 30, Six Months Ended June 30, (in Millions) 2022 2021 2022 2021 Other Information Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ (7.9) $ (8.7) $ (17.1) $ (17.6) Supplemental non-cash information on lease liabilities arising from obtaining right-of-use assets: Right-of-use assets obtained in exchange for new operating lease liabilities $ 2.9 $ 13.2 $ 10.1 $ 15.9 The following table represents our future minimum operating lease payments as of, and subsequent to, June 30, 2022 under ASC 842: (in Millions) Operating Leases Total Maturity of Lease Liabilities 2022 (excluding the six months ending June 30, 2022) $ 14.9 2023 24.7 2024 20.4 2025 18.9 2026 17.8 Thereafter 91.4 Total undiscounted lease payments $ 188.1 Less: Present value adjustment (32.8) Present value of lease liabilities $ 155.3

Goodwill and Intangible Assets

Goodwill and Intangible Assets	6 Months Ended
	Jun. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Intangible Assets	Goodwill and Intangible Assets The changes in the carrying amount of goodwill are presented in the table below: (in Millions) Total Balance, December 31, 2021 $ 1,463.3 Foreign currency and other adjustments (7.5) Balance, June 30, 2022 $ 1,455.8 There were no events or circumstances indicating that goodwill might be impaired as of June 30, 2022. Our intangible assets, other than goodwill, consist of the following: June 30, 2022 December 31, 2021 (in Millions) Gross Accumulated Amortization Net Gross Accumulated Amortization Net Intangible assets subject to amortization (finite-lived) Customer relationships $ 1,121.9 $ (320.9) $ 801.0 $ 1,147.1 $ (301.3) $ 845.8 Patents 1.8 (1.3) 0.5 1.8 (1.3) 0.5 Brands (1) 15.7 (9.8) 5.9 17.1 (9.9) 7.2 Purchased and licensed technologies 58.6 (41.3) 17.3 60.2 (40.7) 19.5 Other intangibles 1.8 (1.7) 0.1 2.3 (1.7) 0.6 $ 1,199.8 $ (375.0) $ 824.8 $ 1,228.5 $ (354.9) $ 873.6 Intangible assets not subject to amortization (indefinite-lived) Crop Protection Brands (2) $ 1,259.1 $ 1,259.1 $ 1,259.1 $ 1,259.1 Brands (1) 362.5 362.5 389.2 389.2 $ 1,621.6 $ 1,621.6 $ 1,648.3 $ 1,648.3 Total intangible assets $ 2,821.4 $ (375.0) $ 2,446.4 $ 2,876.8 $ (354.9) $ 2,521.9 ____________________ (1) Represents trademarks, trade names and know-how. (2) Represents proprietary brand portfolios, consisting of trademarks, trade names and know-how, of our crop protection brands. Three Months Ended June 30, Six Months Ended June 30, (in Millions) 2022 2021 2022 2021 Amortization expense $ 15.3 $ 15.7 $ 30.7 $ 31.5 The full year estimated pre-tax amortization expense for the year ended December 31, 2022 and each of the succeeding five years is approximately $61 million, $60 million, $59 million, $59 million, $59 million, and $58 million, respectively.

Acquisitions

Acquisitions	6 Months Ended
	Jun. 30, 2022
Business Combination and Asset Acquisition [Abstract]
Acquisitions	AcquisitionsOn June 29, 2022 we announced a definitive agreement to acquire BioPhero ApS ("BioPhero"), a Denmark-based pheromone research and production company. The acquisition adds state-of-the-art biologically produced pheromone insect control technology to our product portfolio and R&D pipeline, underscoring our role as a leader in delivering innovative and sustainable crop protection solutions. The purchase price of approximately $200 million was paid at closing on July 19, 2022. The acquisition, which will be accounted for as a business combination, will include all of BioPhero’s technology, IP, supply agreements, employees and net assets of the business. The purchase price allocation is expected to be largely concentrated across the intangible assets being acquired, with a portion of the value ascribed to in process research and development assets and goodwill.

Receivables

Receivables	6 Months Ended
	Jun. 30, 2022
Receivables [Abstract]
Receivables	Receivables The following table displays a roll forward of the allowance for doubtful trade receivables. (in Millions) Balance, December 31, 2020 $ 27.9 Additions - charged to expense 17.2 Transfer from (to) allowance for credit losses (see below) (0.6) Net recoveries, write-offs and other (7.1) Balance, December 31, 2021 $ 37.4 Additions - charged to expense (1.7) Transfer from (to) allowance for credit losses (see below) 0.5 Net recoveries, write-offs and other 0.3 Balance, June 30, 2022 $ 36.5 We have non-current receivables that represent long-term customer receivable balances related to past due accounts which are not expected to be collected within the current year. The net long-term customer receivables were $68.4 million as of June 30, 2022. These long-term customer receivable balances and the corresponding allowance are included in " Other assets including long-term receivables, net " on the condensed consolidated balance sheets. A portion of these long-term receivables have payment contracts. We have no reason to believe payments will not be made based upon the credit quality of these customers. Additionally, we also hold significant collateral against these customers including rights to property or other assets as a form of credit guarantee. If the customer does not pay or gives indication that they will not pay, these guarantees allow us to start legal action to block the sale of the customer’s harvest. On an ongoing basis, we continue to evaluate the credit quality of our non-current receivables using aging of receivables, collection experience and write-offs, as well as evaluating existing economic conditions, to determine if an additional allowance is necessary. The following table displays a roll forward of the allowance for credit losses related to long-term customer receivables: ( in Millions ) Balance, December 31, 2020 $ 24.7 Additions - charged to expense 3.9 Transfer from (to) allowance for doubtful accounts (see above) 0.6 Foreign currency adjustments (1.5) Net recoveries, write-offs and other — Balance, December 31, 2021 $ 27.7 Additions - charged to expense (0.1) Transfer from (to) allowance for doubtful accounts (see above) (0.5) Foreign currency adjustments 0.2 Balance, June 30, 2022 $ 27.3

Inventories

Inventories	6 Months Ended
	Jun. 30, 2022
Inventory Disclosure [Abstract]
Inventories	Inventories Inventories consisted of the following: (in Millions) June 30, 2022 December 31, 2021 Finished goods $ 583.8 $ 559.2 Work in process 876.1 730.8 Raw materials, supplies and other 246.7 231.9 First-in, first-out inventory $ 1,706.6 $ 1,521.9 Less: Excess of first-in, first-out cost over last-in, first-out cost (116.2) (116.2) Net inventories $ 1,590.4 $ 1,405.7

Property, Plant and Equipment

Property, Plant and Equipment	6 Months Ended
	Jun. 30, 2022
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment	Property, Plant and Equipment Property, plant and equipment consisted of the following: (in Millions) June 30, 2022 December 31, 2021 Property, plant and equipment $ 1,353.8 $ 1,329.5 Accumulated depreciation (556.4) (512.5) Property, plant and equipment, net $ 797.4 $ 817.0

Restructuring and Other Charges

Restructuring and Other Charges (Income)	6 Months Ended
	Jun. 30, 2022
Restructuring and Related Activities [Abstract]
Restructuring and Other Charges (Income)	Restructuring and Other Charges (Income) Our restructuring and other charges (income) are comprised of restructuring, asset disposals and other charges (income) as noted below. Three Months Ended June 30, Six Months Ended June 30, (in Millions) 2022 2021 2022 2021 Restructuring charges $ 3.4 $ 10.5 $ 14.6 $ 16.8 Other charges (income), net 77.4 5.8 75.3 2.7 Total restructuring and other charges (income) $ 80.8 $ 16.3 $ 89.9 $ 19.5 Restructuring charges For detail on restructuring activities which commenced prior to 2022, see Note 9 to our consolidated financial statements included within our 2021 Form 10-K. (in Millions) Severance and Employee Benefits Other Charges (Income) (1) Asset Disposal Charges (Income) (2) Total DuPont Crop restructuring (3) $ — $ 0.2 $ — $ 0.2 Regional realignment (4) 1.4 1.0 — 2.4 Other items 0.3 0.5 — 0.8 Three Months Ended June 30, 2022 $ 1.7 $ 1.7 $ — $ 3.4 DuPont Crop restructuring (3) $ — $ 1.8 $ (0.1) $ 1.7 Regional realignment (4) 4.5 2.5 0.2 7.2 Other items 1.6 — — 1.6 Three Months Ended June 30, 2021 $ 6.1 $ 4.3 $ 0.1 $ 10.5 DuPont Crop restructuring (3) $ — $ 0.5 $ — $ 0.5 Regional realignment (4) 3.4 1.5 — 4.9 Other items (0.1) 1.1 8.2 9.2 Six Months Ended June 30, 2022 $ 3.3 $ 3.1 $ 8.2 $ 14.6 DuPont Crop restructuring $ 1.2 $ 2.9 $ 0.9 $ 5.0 Regional realignment (4) 4.5 3.2 0.2 7.9 Other items 3.9 — — 3.9 Six Months Ended June 30, 2021 $ 9.6 $ 6.1 $ 1.1 $ 16.8 ____________________ (1) Primarily represents costs associated with miscellaneous restructuring activities, including third-party costs. Other income, if applicable, primarily represents favorable developments on previously recorded exit costs and recoveries associated with restructuring. (2) Primarily represents asset write-offs (recoveries) and accelerated depreciation on long-lived assets, which were or are to be abandoned. To the extent incurred, the acceleration effect of re-estimating settlement dates and revised cost estimates associated with asset retirement obligations due to facility shutdowns, are also included within the asset disposal charges. The amount for the six months ended June 30, 2022 represents fixed asset charges resulting from the closure of certain manufacturing sites during the period. (3) Restructuring charges related to DuPont Crop restructuring during the three and six months ended June 30, 2022 and June 30, 2021 represent the remaining in-flight restructuring charges as we completed the established DuPont Crop Restructuring program associated with integration. These charges are primarily associated with accelerated depreciation on certain fixed assets, severance, and other costs as we exit certain facilities. (4) Beginning in the second quarter of 2021, we began to consolidate our global operations into centralized regional headquarters within EMEA and APAC. The regional realignment restructuring charges during the three and six months ended June 30, 2022 and June 30, 2021 are primarily related to severance and other exit costs resulting from this consolidation. Roll forward of restructuring reserves The following table shows a roll forward of restructuring reserves, that will result in cash spending. These amounts exclude asset retirement obligations. (in Millions) Balance at 12/31/21 (4) Change in reserves (5) Cash payments (6) Other Balance at 6/30/22 (4) DuPont Crop restructuring (1) $ 8.6 $ 0.5 $ (3.4) $ (0.1) $ 5.6 Regional realignment (2) 4.0 4.9 (3.5) — 5.4 Other workforce related and facility shutdowns (3) 2.3 1.0 (2.5) — 0.8 Total $ 14.9 $ 6.4 $ (9.4) $ (0.1) $ 11.8 ____________________ (1) Primarily consists of exit costs and severance associated with DuPont Crop restructuring activities. (2) Primarily consists of severance and employee relocation costs as well as other costs associated with the relocation of our European headquarters and the consolidation of our Asia Pacific operations into a single regional headquarters in Singapore. (3) Primarily severance costs related to workforce reductions and facility shutdowns. (4) Included in "Accrued and other liabilities" and "Other long-term liabilities" on the condensed consolidated balance sheets. (5) Primarily severance and other miscellaneous exit costs. Any accelerated depreciation and impairment charges noted above that impacted our property, plant and equipment balances or other long-term assets are not included in this table. (6) In addition to the spend above, for the six months ended June 30, 2022 there was also approximately $3.2 million of spending related to the Furadan® asset retirement obligation as well as $4.2 million of additional spending for items in the restructuring and other charge line item that are not in the rollforward above. Other charges (income), net Three Months Ended June 30, Six Months Ended June 30, (in Millions) 2022 2021 2022 2021 Environmental charges, net $ 0.9 $ 3.7 $ (2.4) $ (0.4) Exit from Russian Operations 76.1 — 76.1 — Other items, net 0.4 2.1 1.6 3.1 Other charges (income), net $ 77.4 $ 5.8 $ 75.3 $ 2.7 Environmental charges, net Environmental charges represent the net charges associated with environmental remediation at continuing operating sites. See Note 12 for additional details. Environmental obligations for continuing operations primarily represent obligations at shut down or abandoned facilities within businesses that do not meet the criteria for presentation as discontinued operations. Exit from Russian Operations

Debt

Debt	6 Months Ended
	Jun. 30, 2022
Debt Disclosure [Abstract]
Debt	DebtDebt maturing within one year: (in Millions) June 30, 2022 December 31, 2021 Short-term foreign debt (1) $ 101.5 $ 112.2 Commercial paper (2) 964.4 244.1 Total short-term debt $ 1,065.9 $ 356.3 Current portion of long-term debt 89.2 84.5 Total short-term debt and current portion of long-term debt (3) $ 1,155.1 $ 440.8 ____________________ (1) At June 30, 2022, the average effective interest rate on the borrowings was 15.6 percent. (2) At June 30, 2022, the average effective interest rate on the borrowings was 2.15 percent. (3) Based on cash generated from operations, our existing liquidity facilities, which includes the revolving credit agreement with the option to increase capacity up to $2.75 billion, and our continued access to debt capital markets, we have adequate liquidity to meet any of the company's debt obligations in the near term. Long-term debt: (in Millions) June 30, 2022 Interest Rate Percentage Maturity June 30, 2022 December 31, 2021 Pollution control and industrial revenue bonds (less unamortized discounts of $0.1 and $0.1, respectively) 6.45% 2032 $ 49.9 $ 49.9 Senior notes (less unamortized discount of $0.6 and $0.7, respectively) 3.20% - 4.50% 2024 - 2049 1,899.4 1,899.3 2021 Term Loan Facility 2.60% 2024 800.0 800.0 Revolving Credit Facility (1) 4.30% 2027 — — Foreign debt 0% - 15.30% 2023 - 2024 89.2 84.7 Debt issuance cost (17.6) (17.7) Total long-term debt $ 2,820.9 $ 2,816.2 Less: debt maturing within one year 89.2 84.5 Total long-term debt, less current portion $ 2,731.7 $ 2,731.7 ____________________ (1) Letters of credit outstanding under our Revolving Credit Facility totaled $160.0 million and available funds under this facility were $875.6 million at June 30, 2022. Revolving Credit Facility and Term Loan Amendments On June 17, 2022, we amended our Revolving Credit Facility and on June 27, 2022 we amended our 2021 Term Loan Agreement. The Revolving Credit Facility Amendment primarily increased the borrowing capacity from $1.5 billion to $2 billion and extended the maturity date by an additional year to 2027. Both agreements were amended to transition from a reference rate using the LIBOR benchmark to a reference rate using a Term SOFR benchmark. Deferred financing fees totaling $1.5 million associated with both amendments have been deferred and are being recognized to interest expense over the life of the agreements. Covenants Among other restrictions, our Revolving Credit Facility and 2021 Term Loan Facility contain financial covenants applicable to FMC and its consolidated subsidiaries related to leverage (measured as the ratio of debt to adjusted earnings) and interest coverage (measured as the ratio of adjusted earnings to interest expense). Our actual leverage for the four consecutive quarters ended June 30, 2022 was 2.87, which is below the maximum leverage of 3.50 at June 30, 2022. As amended pursuant to the Revolving Credit Agreement discussed within our 2021 Form 10-K, the maximum leverage ratio stepped down to 3.50 for the period ending December 31, 2021 and future quarters thereafter. Our actual interest coverage for the four consecutive quarters ended June 30, 2022 was 10.27, which is above the minimum interest coverage of 3.50. We were in compliance with all covenants at June 30, 2022.

Discontinued Operations

Discontinued Operations	6 Months Ended
	Jun. 30, 2022
Discontinued Operations and Disposal Groups [Abstract]
Discontinued Operations	Discontinued Operations Discontinued operations includes adjustments to retained assets and liabilities as well as provisions, net of recoveries, for environmental liabilities and legal reserves and expenses related to previously discontinued operations and retained liabilities. The primary liabilities retained include environmental liabilities, other postretirement benefit liabilities, self-insurance, long-term obligations related to legal proceedings and historical restructuring activities. Our discontinued operations comprised the following: (in Millions) Three Months Ended June 30, Six Months Ended June 30, 2022 2021 2022 2021 Adjustment for workers’ compensation, product liability, other postretirement benefits and other, net of income tax benefit (expense) of $(1.5) and $(1.7) for the three and six months ended June 30, 2022, and $(1.1) and $(2.1) for the three and six months ended June 30, 2021, respectively $ (3.1) $ (1.0) $ (3.5) $ (2.6) Provision for environmental liabilities, net of recoveries, net of income tax benefit of $0.3 and $0.9 for the three and six months ended June 30, 2022 and $0.8 and $1.6 three and six months ended June 30, 2021, respectively (0.6) (3.4) (2.7) (5.7) Provision for legal reserves and expenses, net of recoveries, net of income tax benefit of $1.9 and $5.3 for the three and six months ended June 30, 2022 and $2.7 and $3.8 for the three and six months ended June 30, 2021 respectively (7.1) (10.2) (19.8) (14.4) Discontinued operations, net of income taxes $ (10.8) $ (14.6) $ (26.0) $ (22.7)

Environmental Obligations

Environmental Obligations	6 Months Ended
	Jun. 30, 2022
Environmental Remediation Obligations [Abstract]
Environmental Obligations	Environmental Obligations We have reserves for potential environmental obligations which we consider probable and which we can reasonably estimate. The following table is a roll forward of our total environmental reserves, continuing and discontinued: (in Millions) Gross Recoveries (3) Net Total environmental reserves at December 31, 2021 $ 514.6 $ (11.4) $ 503.2 Provision (Benefit) 3.7 (0.6) 3.1 (Spending) Recoveries (25.8) — (25.8) Foreign currency translation adjustments (6.0) — (6.0) Net change $ (28.1) $ (0.6) $ (28.7) Total environmental reserves at June 30, 2022 $ 486.5 $ (12.0) $ 474.5 Environmental reserves, current (1) $ 102.2 $ (1.1) $ 101.1 Environmental reserves, long-term (2) 384.3 (10.9) 373.4 Total environmental reserves at June 30, 2022 $ 486.5 $ (12.0) $ 474.5 ____________________ (1) These amounts are included within "Accrued and other liabilities" on the condensed consolidated balance sheets. (2) These amounts are included in "Environmental liabilities, continuing and discontinued" on the condensed consolidated balance sheets. (3) These recorded recoveries represent probable realization of claims against U.S. government agencies and are recorded as an offset to our environmental reserves in the condensed consolidated balance sheets. The estimated reasonably possible environmental loss contingencies, net of expected recoveries, exceed amounts accrued by approximately $160 million at June 30, 2022. This reasonably possible estimate is based upon information available as of the date of the filing but the actual future losses may be higher given the uncertainties regarding the status of laws, regulations, enforcement policies, the impact of potentially responsible parties, technology and information related to individual sites. Potential environmental obligations that have not been reserved may be material to any one quarter's or year's results of operations in the future. However, we believe any such liability arising from such potential environmental obligations is not likely to have a material adverse effect on our liquidity or financial condition as it may be satisfied over many years. The table below provides a roll forward of our environmental recoveries representing probable realization of claims against insurance carriers and other third parties. These recoveries are recorded as "Prepaid and other current assets" and "Other assets including long-term receivables, net" in the condensed consolidated balance sheets. (in Millions) December 31, 2021 Increase (Decrease) in recoveries Cash received June 30, 2022 Environmental recoveries $ 4.5 $ 1.9 $ (0.3) $ 6.1 Our net environmental provisions relate to costs for the continued cleanup of both continuing and discontinued manufacturing operations from previous years. The net provisions are comprised as follows: Three Months Ended June 30, Six Months Ended June 30, (in Millions) 2022 2021 2022 2021 Environmental provisions, net - recorded to liabilities (1) $ 3.7 $ 8.4 $ 3.1 $ 7.5 Environmental provisions, net - recorded to assets (2) (1.9) (0.5) (1.9) (0.6) Environmental provision, net $ 1.8 $ 7.9 $ 1.2 $ 6.9 Continuing operations (3) $ 0.9 $ 3.7 $ (2.4) $ (0.4) Discontinued operations (4) 0.9 4.2 3.6 7.3 Environmental provision, net $ 1.8 $ 7.9 $ 1.2 $ 6.9 ____________________ (1) See above roll forward of our total environmental reserves as presented on the condensed consolidated balance sheets. (2) See above roll forward of our total environmental recoveries as presented on the condensed consolidated balance sheets. (3) Recorded as a component of "Restructuring and other charges (income)" on the condensed consolidated statements of income (loss). See Note 9. Environmental obligations for continuing operations primarily represent obligations at shut down or abandoned facilities within businesses that do not meet the criteria for presentation as discontinued operations. (4) Recorded as a component of "Discontinued operations, net of income taxes" on the condensed consolidated statements of income (loss). See Note 11. A more complete description of our environmental contingencies and the nature of our potential obligations are included in Notes 1 and 12 to our consolidated financial statements in our 2021 Form 10-K. See Note 12 to our consolidated financial statements in our 2021 Form 10-K for a description of significant updates to material environmental sites. There have been no significant updates since the information included in our 2021 Form 10-K other than the update provided below.

Earnings Per Share

Earnings Per Share	6 Months Ended
	Jun. 30, 2022
Earnings Per Share [Abstract]
Earnings Per Share	Earnings Per Share Earnings per common share ("EPS") is computed by dividing net income by the weighted average number of common shares outstanding during the period on a basic and diluted basis. Our potentially dilutive securities include potential common shares related to our stock options, restricted stock and restricted stock units. Diluted earnings per share ("Diluted EPS") considers the impact of potentially dilutive securities except in periods in which there is a loss from continuing operations because the inclusion of the potential common shares would have an antidilutive effect. Diluted EPS excludes the impact of potential common shares related to our stock options in periods in which the option exercise price is greater than the average market price of our common stock for the period. For the three and six months ended June 30, 2022 there were 0.4 million and 0.4 million potential common shares exclud ed from Diluted EPS, respectively. For the three and six months ended June 30, 2021 there were 0.2 million and 0.2 million potential common shares excluded from Diluted EPS, respectively. Our non-vested restricted stock awards contain rights to receive non-forfeitable dividends, and thus, are participating securities requiring the two-class method of computing EPS. The two-class method determines EPS by dividing the sum of distributed earnings to common stockholders and undistributed earnings allocated to common stockholders by the weighted average number of shares of common stock outstanding for the period. In calculating the two-class method, undistributed earnings are allocated to both common shares and participating securities based on the weighted average number of shares outstanding during the period. Earnings applicable to common stock and common stock shares used in the calculation of basic and diluted earnings per share are as follows: (in Millions, Except Share and Per Share Data) Three Months Ended June 30, Six Months Ended June 30, 2022 2021 2022 2021 Earnings (loss) attributable to FMC stockholders: Continuing operations, net of income taxes $ 145.0 $ 217.5 $ 367.6 $ 408.2 Discontinued operations, net of income taxes (10.8) (14.6) (26.0) (22.7) Net income (loss) attributable to FMC stockholders $ 134.2 $ 202.9 $ 341.6 $ 385.5 Less: Distributed and undistributed earnings allocable to restricted award holders (0.3) (0.5) (0.6) (0.9) Net income (loss) allocable to common stockholders $ 133.9 $ 202.4 $ 341.0 $ 384.6 Basic earnings (loss) per common share attributable to FMC stockholders: Continuing operations $ 1.15 $ 1.68 $ 2.91 $ 3.15 Discontinued operations (0.09) (0.11) (0.21) (0.18) Net income (loss) attributable to FMC stockholders $ 1.06 $ 1.57 $ 2.70 $ 2.97 Diluted earnings (loss) per common share attributable to FMC stockholders: Continuing operations $ 1.15 $ 1.67 $ 2.90 $ 3.14 Discontinued operations (0.09) (0.11) (0.21) (0.17) Net income (loss) attributable to FMC stockholders $ 1.06 $ 1.56 $ 2.69 $ 2.97 Shares (in thousands): Weighted average number of shares of common stock outstanding - Basic 126,204 129,090 126,127 129,319 Weighted average additional shares assuming conversion of potential common shares 742 801 754 813 Shares – diluted basis 126,946 129,891 126,881 130,132

Equity

Equity	6 Months Ended
	Jun. 30, 2022
Equity [Abstract]
Equity	Equity Accumulated other comprehensive income (loss) Summarized below is the roll forward of accumulated other comprehensive income (loss), net of tax. (in Millions) Foreign currency adjustments Derivative Instruments (1) Pension and other postretirement benefits (2) Total Accumulated other comprehensive income (loss), net of tax at December 31, 2021 $ (62.5) $ (22.2) $ (231.0) $ (315.7) 2022 Activity Other comprehensive income (loss) before reclassifications (119.6) (44.5) — (164.1) Amounts reclassified from accumulated other comprehensive income (loss) 4.2 8.4 6.8 19.4 Net current period other comprehensive income (loss) $ (115.4) $ (36.1) $ 6.8 $ (144.7) Accumulated other comprehensive income (loss), net of tax at June 30, 2022 $ (177.9) $ (58.3) $ (224.2) $ (460.4) (in Millions) Foreign currency adjustments Derivative Instruments (1) Pension and other postretirement benefits (2) Total Accumulated other comprehensive income (loss), net of tax at December 31, 2020 $ 24.0 $ (71.8) $ (234.4) $ (282.2) 2021 Activity Other comprehensive income (loss) before reclassifications (34.6) (7.5) (0.1) (42.2) Amounts reclassified from accumulated other comprehensive income (loss) — 11.2 8.7 19.9 Net current period other comprehensive income (loss) $ (34.6) $ 3.7 $ 8.6 $ (22.3) Accumulated other comprehensive income (loss), net of tax at June 30, 2021 $ (10.6) $ (68.1) $ (225.8) $ (304.5) ____________________ (1) See Note 18 for more information. (2) See Note 16 for more information. Reclassifications of accumulated other comprehensive income (loss) The table below provides details about the reclassifications from accumulated other comprehensive income (loss) and the affected line items in the condensed consolidated statements of income (loss) for each of the periods presented: Details about Accumulated Other Comprehensive Income Components Amounts Reclassified from Accumulated Other Comprehensive Income (Loss) (1) Affected Line Item in the Condensed Consolidated Statements of Income (Loss) Three Months Ended June 30, Six Months Ended June 30, (in Millions) 2022 2021 2022 2021 Foreign currency translation adjustments: Divestiture of Russia operations (2) $ (4.2) $ — $ (4.2) $ — Restructuring and other charges (income) Derivative instruments Gain (loss) on foreign currency contracts $ (13.5) $ (7.6) $ (15.1) $ (12.4) Costs of sales and services Gain (loss) on foreign currency contracts 3.0 0.2 3.5 0.3 Selling, general and administrative expenses Gain (loss) on interest rate contracts (1.0) (1.9) (2.0) (2.1) Interest expense, net Total before tax $ (11.5) $ (9.3) $ (13.6) $ (14.2) 3.7 2.2 5.2 3.0 Provision for income taxes Amount included in net income (loss) $ (7.8) $ (7.1) $ (8.4) $ (11.2) Pension and other postretirement benefits (3) Amortization of prior service costs $ — $ — $ — $ (0.1) Selling, general and administrative expenses Amortization of unrecognized net actuarial and other gains (losses) (4.0) (5.5) (8.2) (10.9) Non-operating pension and postretirement charges (income) Recognized loss due to curtailment and settlement — — (0.4) — Non-operating pension and postretirement charges (income); Discontinued operations, net of income taxes Total before tax $ (4.0) $ (5.5) $ (8.6) $ (11.0) 0.8 1.2 1.8 2.3 Provision for income taxes; Discontinued operations, net of income taxes Amount included in net income (loss) $ (3.2) $ (4.3) $ (6.8) $ (8.7) Total reclassifications for the period $ (15.2) $ (11.4) $ (19.4) $ (19.9) Amount included in net income ____________________ (1) Amounts in parentheses indicate charges to the condensed consolidated statements of income (loss). (2) The reclassification of historical cumulative translation adjustments was the result of the exit from our Russian operations. See Note 9 within these consolidated financial statements for more information. (3) Pension and other postretirement benefits amounts include the impact from both continuing and discontinued operations. For detail on the continuing operations components of pension and other postretirement benefits, see Note 16. Dividends and Share Repurchases During the six months ended June 30, 2022 and June 30, 2021, we paid dividends of $133.7 million and $124.3 million, respectively. On July 21, 2022, we paid dividends totaling $66.9 million to our shareholders of record as of June 30, 2022. This amount is included in "Accrued and other liabilities" on the condensed consolidated balance sheet as of June 30, 2022. In February 2022, the Board of Directors authorized the repurchase of up to $1 billion of the Company's common stock. The $1 billion share repurchase program is replacing the previous authorization in its entirety. During the six months ended June 30, 2022, no shares were repurchased under the publicly announced repurchase program. At June 30, 2022, $1.0 billion remained unused under our Board-authorized repurchase program. This repurchase program does not include a specific timetable or price targets and may be suspended or terminated at any time. Shares may be purchased through open market or privately negotiated transactions at the discretion of management based on its evaluation of market conditions and other factors. We also reacquire shares from time to time from employees in connection with the vesting, exercise and forfeiture of awards under our equity compensation plans.

Pensions and Other Postretireme

Pensions and Other Postretirement Benefits	6 Months Ended
	Jun. 30, 2022
Retirement Benefits [Abstract]
Pensions and Other Postretirement Benefits	Pensions and Other Postretirement Benefits The following table summarizes the components of net annual benefit cost (income): (in Millions) Three Months Ended June 30, Six Months Ended June 30, Pensions Other Benefits Pensions Other Benefits 2022 2021 2022 2021 2022 2021 2022 2021 Service cost $ 1.2 $ 1.3 $ — $ — $ 2.3 $ 2.6 $ — $ — Interest cost 7.2 6.1 0.1 — 14.5 12.2 0.2 0.1 Expected return on plan assets (7.7) (7.0) — — (15.5) (14.1) — — Amortization of prior service cost (credit) 0.1 — — — 0.1 0.1 — — Recognized net actuarial and other (gain) loss 4.5 5.9 (0.2) (0.2) 9.0 11.8 (0.4) (0.4) Recognized loss due to settlement (1) — — — — 0.4 — — — Net periodic benefit cost (income) $ 5.3 $ 6.3 $ (0.1) $ (0.2) $ 10.8 $ 12.6 $ (0.2) $ (0.3) ____________________ (1) Settlement charge relates to the U.S. nonqualified defined benefit pension plan.

Income Taxes

Income Taxes	6 Months Ended
	Jun. 30, 2022
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes Our effective income tax rates from continuing operations for the three and six months ended June 30, 2022 were 27.8 percent and 20.8 percent, respectively. Our effective income tax rates from continuing operations for the three and six months ended June 30, 2021 were 13.8 percent and 13.3 percent, respectively. The increase in the effective income tax rate was primarily driven by our decision to cease operations and business in Russia during the second quarter of 2022. As a result, we recorded a pre-tax charge of $76.1 million during the three months ended June 30, 2022 with minimal tax benefit. Refer to Note 9 for additional information. Also increasing the effective tax rate were certain provisions of the Tax Cuts and Jobs Act of 2017 that became effective in 2022, and geographic earnings mix. We determine our interim tax provision using an Estimated Annual Effective Tax Rate methodology ("EAETR") in accordance with U.S. GAAP. The EAETR is applied to the year-to-date ordinary income, exclusive of discrete items. The tax effects of discrete items are then included to arrive at the total reported interim tax provision. The determination of the EAETR is based upon a number of estimates, including the estimated annual pretax ordinary income in each tax jurisdiction in which we operate. As our projections of ordinary income change throughout the year, the EAETR will change period-to-period. A significant

Financial Instruments, Risk Man

Financial Instruments, Risk Management and Fair Value Measurements	6 Months Ended
	Jun. 30, 2022
Fair Value Disclosures [Abstract]
Financial Instruments, Risk Management and Fair Value Measurements	Financial Instruments, Risk Management and Fair Value Measurements Our financial instruments include cash and cash equivalents, trade receivables, other current assets, certain receivables classified as other long-term assets, accounts payable, and amounts included in investments and accruals meeting the definition of financial instruments. The carrying value of these financial instruments approximates their fair value. Our other financial instruments include the following: Financial Instrument Valuation Method Foreign exchange forward contracts Estimated amounts that would be received or paid to terminate the contracts at the reporting date based on current market prices for applicable currencies. Commodity forward contracts Estimated amounts that would be received or paid to terminate the contracts at the reporting date based on quoted market prices for applicable commodities. Debt Our estimates and information obtained from independent third parties using market data, such as bid/ask spreads for the last business day of the reporting period. The estimated fair value of the financial instruments in the above table have been determined using standard pricing models which take into account the present value of expected future cash flows discounted to the balance sheet date. These standard pricing models utilize inputs derived from or corroborated by observable market data such as interest rate yield curves and currency and commodity spot and forward rates. In addition, we test a subset of our valuations against valuations received from the transaction's counterparty to validate the accuracy of our standard pricing models. Accordingly, the estimates presented may not be indicative of the amounts that we would realize in a market exchange at settlement date and do not represent potential gains or losses on these agreements. The estimated fair values of foreign exchange forward contracts and commodity forward contracts are included in the tables within this Note. The estimated fair value of debt is $3,797.5 million and $3,409.8 million and the carrying amount is $3,886.8 million and $3,172.5 million as of June 30, 2022 and December 31, 2021, respectively. We enter into various financial instruments with off-balance sheet risk as part of the normal course of business. These off-balance sheet instruments include financial guarantees and contractual commitments to extend financial guarantees under letters of credit, and other assistance to customers. See Note 19 for more information. Decisions to extend financial guarantees to customers and the amount of collateral required under these guarantees are based on our evaluation of creditworthiness on a case-by-case basis. Use of Derivative Financial Instruments to Manage Risk We mitigate certain financial exposures, including currency risk, commodity purchase exposures and interest rate risk, through a program of risk management that includes the use of derivative financial instruments. We enter into derivative contracts, including forward contracts and purchased options, to reduce the effects of fluctuating currency exchange rates, interest rates, and commodity prices. A detailed description of these risks including a discussion on the concentration of credit risk is provided in Note 19 to our consolidated financial statements on our 2021 Form 10-K. We formally document all relationships between hedging instruments and hedged items, as well as the risk management objective and strategy for undertaking various hedge transactions. This process includes relating derivatives that are designated as fair value or cash flow hedges to specific assets and liabilities on the balance sheet or to specific firm commitments or forecasted transactions. We also assess, both at the inception of the hedge and on an ongoing basis, whether each derivative is highly effective in offsetting changes in fair values or cash flows of the hedged item. If we determine that a derivative is not highly effective as a hedge, or if a derivative ceases to be a highly effective hedge, we discontinue hedge accounting with respect to that derivative prospectively. Accounting for Derivative Instruments and Hedging Activities Cash Flow Hedges We recognize all derivatives on the balance sheet at fair value. On the date the derivative instrument is entered into, we generally designate the derivative as a hedge of the variability of cash flows to be received or paid related to a forecasted transaction (cash flow hedge). We record in accumulated other comprehensive income ("AOCI") changes in the fair value of derivatives that are designated as and meet all the required criteria for a cash flow hedge. We then reclassify these amounts into earnings as the underlying hedged item affects earnings. In contrast, we immediately record in earnings changes in the fair value of derivatives that are not designated as cash flow hedges. As of June 30, 2022, we had open foreign currency forward contracts in AOCI in a net after tax loss position of $15.1 million designated as cash flow hedges of underlying forecasted sales and purchases. Current open contracts hedge forecasted transactions until December 31, 2023. At June 30, 2022, we had open forward contracts designated as cash flow hedges with various expiration dates to buy, sell or exchange foreign currencies with a U.S. dollar equivalent of approximately $1,808.2 million. As of June 30, 2022, we had open interest rate contracts in AOCI in a net after tax gain position of $14.0 million designated as cash flow hedges of the anticipated fixed rate coupon of debt forecasted to be issued within a designated window. At June 30, 2022, we had interest rate swap contracts outstanding with a total aggregate notional value of approximately $200.0 million. As of June 30, 2022, we had no open commodity contracts in AOCI designated as cash flow hedges of underlying forecasted purchases. At June 30, 2022, we had no mmBTUs (millions of British Thermal Units) in aggregate notional volume of outstanding natural gas commodity forward contracts to hedge forecasted purchases. Approximately $14.6 million of the net losses after-tax, representing open foreign currency exchange and interest rate contracts, will be realized in earnings during the twelve months ending June 30, 2023 if spot rates in the future are consistent with forward rates as of June 30, 2022. The actual effect on earnings will be dependent on the actual spot rates when the forecasted transactions occur. Derivatives Not Designated As Hedging Instruments We hold certain forward contracts that have not been designated as cash flow hedging instruments for accounting purposes. Contracts used to hedge the exposure to foreign currency fluctuations associated with certain monetary assets and liabilities are not designated as cash flow hedging instruments, and changes in the fair value of these items are recorded in earnings. We had open forward contracts not designated as cash flow hedging instruments for accounting purposes with various expiration dates to buy, sell or exchange foreign currencies with a U.S. dollar equivalent of approximately $3,373.3 million at June 30, 2022. Fair Value of Derivative Instruments The following tables provide the gross fair value and net balance sheet presentation of our derivative instruments. June 30, 2022 Gross Amount of Derivatives (in Millions) Designated as Cash Flow Hedges Not Designated as Hedging Instruments Total Gross Amounts Gross Amounts Offset in the Condensed Consolidated Balance Sheet (3) Net Amounts Foreign exchange contracts $ 36.5 $ 14.9 $ 51.4 $ (29.9) $ 21.5 Interest rate contracts 17.7 — 17.7 — 17.7 Total derivative assets (1) $ 54.2 $ 14.9 $ 69.1 $ (29.9) $ 39.2 Foreign exchange contracts $ (52.6) $ (2.7) $ (55.3) $ 29.9 $ (25.4) Total derivative liabilities (2) $ (52.6) $ (2.7) $ (55.3) $ 29.9 $ (25.4) Net derivative assets (liabilities) $ 1.6 $ 12.2 $ 13.8 $ — $ 13.8 December 31, 2021 Gross Amount of Derivatives (in Millions) Designated as Cash Flow Hedges Not Designated as Hedging Instruments Total Gross Amounts Gross Amounts Offset in the Condensed Consolidated Balance Sheet (3) Net Amounts Foreign exchange contracts $ 35.9 $ 5.7 $ 41.6 $ (21.9) $ 19.7 Interest rate contracts 3.7 — 3.7 — 3.7 Total derivative assets (1) $ 39.6 $ 5.7 $ 45.3 $ (21.9) $ 23.4 Foreign exchange contracts $ (16.2) $ (9.7) $ (25.9) $ 21.9 $ (4.0) Total derivative liabilities (2) $ (16.2) $ (9.7) $ (25.9) $ 21.9 $ (4.0) Net derivative assets (liabilities) $ 23.4 $ (4.0) $ 19.4 $ — $ 19.4 ______________ (1) Net balance is included in "Prepaid and other current assets" in the condensed consolidated balance sheets. (2) Net balance is included in "Accrued and other liabilities" in the condensed consolidated balance sheets. (3) Represents net derivatives positions subject to master netting arrangements. The tables below summarize the gains or losses related to our cash flow hedges and derivatives not designated as hedging instruments. Derivatives in Cash Flow Hedging Relationships Contracts Foreign Exchange Interest rate Total Three Months Ended June 30, (in Millions) 2022 2021 2022 2021 2022 2021 Unrealized hedging gains (losses) and other, net of tax $ 34.1 $ (44.1) $ 6.1 $ (3.9) $ 40.2 $ (48.0) Reclassification of deferred hedging (gains) losses, net of tax (1) 7.0 5.5 0.8 1.6 7.8 7.1 Total derivative instrument impact on comprehensive income, net of tax $ 41.1 $ (38.6) $ 6.9 $ (2.3) $ 48.0 $ (40.9) Contracts Foreign Exchange Interest rate Total Six Months Ended June 30, (in Millions) 2022 2021 2022 2021 2022 2021 Unrealized hedging gains (losses) and other, net of tax $ (55.5) $ (10.6) $ 11.0 $ 3.1 $ (44.5) $ (7.5) Reclassification of deferred hedging (gains) losses, net of tax (1) 6.8 9.4 1.6 1.8 8.4 11.2 Total derivative instrument impact on comprehensive income, net of tax $ (48.7) $ (1.2) $ 12.6 $ 4.9 $ (36.1) $ 3.7 ______________ (1) See Note 14 for classification of amounts within the condensed consolidated statements of income (loss). Derivatives Not Designated as Hedging Instruments Amount of Pre-tax Gain (Loss) Recognized in Income on Derivatives (1) Three Months Ended June 30, Six Months Ended June 30, (in Millions) 2022 2021 2022 2021 Foreign exchange contracts $ (19.0) $ (15.0) $ (35.2) $ (27.7) Total $ (19.0) $ (15.0) $ (35.2) $ (27.7) ______________ (1) Amounts in the columns represent the gain or loss on the derivative instrument offset by the gain or loss on the hedged item. These amounts are included in "Costs of sales and services" on the consolidated statements of income (loss). Fair Value Measurements Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. Market participants are defined as buyers or sellers in the principle or most advantageous market for the asset or liability that are independent of the reporting entity, knowledgeable and able and willing to transact for the asset or liability. Fair Value Hierarchy We have categorized our assets and liabilities that are recorded at fair value, based on the priority of the inputs to the valuation technique, into a three-level fair value hierarchy. The fair value hierarchy gives the highest priority to quoted prices in active markets for identical assets or liabilities (Level 1) and the lowest priority to unobservable inputs (Level 3). If the inputs used to measure the assets and liabilities fall within different levels of the hierarchy, the categorization is based on the lowest level input that is significant to the fair value measurement of the instrument. Recurring Fair Value Measurements The following tables present our fair value hierarchy for those assets and liabilities measured at fair value on a recurring basis in the condensed consolidated balance sheets. During the periods presented there were no transfers between fair value hierarchy levels. (in Millions) June 30, 2022 Quoted Prices in Active Markets for Identical Assets Significant Other Observable Inputs Significant Unobservable Inputs Assets Derivatives – Foreign exchange (1) $ 21.5 $ — $ 21.5 $ — Derivatives – Interest rate (1) 17.7 — 17.7 — Other (2) 18.0 18.0 — — Total assets $ 57.2 $ 18.0 $ 39.2 $ — Liabilities Derivatives – Foreign exchange (1) $ 25.4 $ — $ 25.4 $ — Derivatives – Interest rate (1) — — — — Other (3) 22.9 22.9 — — Total liabilities $ 48.3 $ 22.9 $ 25.4 $ — (in Millions) December 31, 2021 Quoted Prices in Active Markets for Identical Assets Significant Other Observable Inputs Significant Unobservable Inputs Assets Derivatives – Foreign exchange (1) $ 19.7 $ — $ 19.7 $ — Derivatives - Interest Rate (1) 3.7 — 3.7 — Other (2) 21.1 21.1 — — Total assets $ 44.5 $ 21.1 $ 23.4 $ — Liabilities Derivatives – Foreign exchange (1) $ 4.0 $ — $ 4.0 $ — Derivatives – Interest rate (1) — — — — Other (3) 26.2 26.2 — — Total liabilities $ 30.2 $ 26.2 $ 4.0 $ — ____________________ (1) See the Fair Value of Derivative Instruments table within this Note for classification on the condensed consolidated balance sheets. (2) Consists of a deferred compensation arrangement, through which we hold various investment securities, recognized on our balance sheets. Both the asset and liability are recorded at fair value. Asset amounts are included in "Other assets including long-term receivables, net" in the condensed consolidated balance sheets. (3) Primarily consists of a deferred compensation arrangement recognized on our balance sheets. Both the asset and liability are recorded at fair value. Liability amounts are included in "Other long-term liabilities" in the condensed consolidated balance sheets. Nonrecurring Fair Value Measurements There were no nonrecurring fair value measurements in the condensed consolidated balance sheets during the periods presented.

Guarantees, Commitments, and Co

Guarantees, Commitments, and Contingencies	6 Months Ended
	Jun. 30, 2022
Commitments and Contingencies Disclosure [Abstract]
Guarantees, Commitments, and Contingencies	Guarantees, Commitments, and Contingencies We continue to monitor the conditions that are subject to guarantees and indemnifications to identify whether a liability must be recognized in our financial statements. Guarantees and Other Commitments The following table provides the estimated undiscounted amount of potential future payments for each major group of guarantees at June 30, 2022. These guarantees arise during the ordinary course of business from relationships with customers and non-consolidated affiliates. Non-performance by the guaranteed party triggers the obligation requiring us to make payments to the beneficiary of the guarantee. Based on our experience, these types of guarantees have not had a material effect on our consolidated financial position or on our liquidity. Our expectation is that future payment or performance related to the non-performance of others is considered unlikely. (in Millions) Guarantees: Guarantees of vendor financing - short-term (1) $ 204.9 Other debt guarantees (2) 1.2 Total $ 206.1 ____________________ (1) Represents guarantees to financial institutions on behalf of certain customers for their seasonal borrowing. This short-term amount is recorded within "Guarantees of vendor financing" on the condensed consolidated balance sheets. (2) These guarantees represent support provided to third-party banks for credit extended to various customers and non-consolidated affiliates. The liability for the guarantees is recorded at an amount that approximates fair value (i.e. representing the stand-ready obligation) based on our historical collection experience and a current assessment of credit exposure. We believe the fair value of these guarantees is immaterial. The majority of these guarantees have an expiration date of less than one year. Excluded from the chart above are parent-company guarantees we provide to lending institutions that extend credit to our foreign subsidiaries. Since these guarantees are provided for consolidated subsidiaries, the consolidated financial position is not affected by the issuance of these guarantees. Also excluded from the chart, in connection with our property and asset sales and divestitures, we have agreed to indemnify the buyer for certain liabilities, including environmental contamination and taxes that occurred prior to the date of sale or provided guarantees to third parties relating to certain contracts assumed by the buyer. Our indemnification or guarantee obligations with respect to certain liabilities may be indefinite as to duration and may or may not be subject to a deductible, minimum claim amount or cap. As such, it is not possible for us to predict the likelihood that a claim will be made or to make a reasonable estimate of the maximum potential loss or range of loss. If triggered, we may be able to recover some of the indemnity payments from third parties. Therefore, we have not recorded any specific liabilities for these guarantees. For certain obligations related to our divestitures for which we can make a reasonable estimate of the maximum potential loss or range of loss and is probable, a liability in those instances has been recorded. Contingencies A detailed discussion related to our outstanding contingencies can be found in Note 20 to our consolidated financial statements included within our 2021 Form 10-K. There have been no significant updates since the information included in our 2021 Form 10-K other than the updates provided below.

Financial Information and Acc_2

Financial Information and Accounting Policies (Policies)	6 Months Ended
	Jun. 30, 2022
Accounting Policies [Abstract]
Basis of accounting	In our opinion the condensed consolidated financial statements have been prepared in conformity with U.S. generally accepted accounting principles ("U.S. GAAP") applicable to interim period financial statements and reflect all adjustments necessary for a fair statement of results of operations for the three and six months ended June 30, 2022 and 2021, cash flows for the six months ended June 30, 2022 and 2021, changes in equity for the three and six months ended June 30, 2022 and 2021, and our financial positions as of June 30, 2022 and December 31, 2021. All such adjustments included herein are of a normal, recurring nature unless otherwise disclosed in the Notes.
New accounting guidance and regulatory items and recently adopted accounting guidance	In March 2020, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") No. 2020-04, Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting.
Revenue	We earn revenue from the sale of a wide range of products to a diversified base of customers around the world. We develop, market and sell all three major classes of crop protection chemicals (insecticides, herbicides and fungicides) as well as biologicals, crop nutrition, and seed treatment, which we group as plant health. These products are used in agriculture to enhance crop yield and quality by controlling a broad spectrum of insects, weeds and disease, as well as in non-agricultural markets for pest control. The majority of our product lines consist of insecticides and herbicides, with a smaller portfolio of fungicides mainly used in high value crop segments. We are investing in plant health which includes our growing biological products. Our insecticides are used to control a wide spectrum of pests, while our herbicide portfolio primarily targets a large variety of difficult-to-control weeds. Products in the other category include various agricultural products such as smaller classes of pesticides, growth promoters, and other miscellaneous revenue sources. Sale of Goods Revenue from product sales is recognized when (or as) we satisfy a performance obligation by transferring the promised goods to a customer, that is, when control of the good transfers to the customer. The customer is then invoiced at the agreed-upon price with payment terms generally ranging from 30 to 90 days, with some regions providing terms longer than 90 days. We do not typically give payment terms that exceed 360 days; however, in certain geographical regions such as Latin America, these terms may be given in limited circumstances. Additionally, a timing difference of over one year can exist between when products are delivered to the customer and when payment is received from the customer in these regions; however, the effect of these sales is not material to the financial statements as a whole. Furthermore, we have assessed the circumstances and arrangements in these regions and determined that the contracts with these customers do not contain a significant financing component. In determining when the control of goods is transferred, we typically assess, among other things, the transfer of risk and title and the shipping terms of the contract. The transfer of title and risk typically occurs either upon shipment to the customer or upon receipt by the customer. As such, we typically recognize revenue when goods are shipped based on the relevant Incoterm for the product order, or in some regions, when delivery to the customer’s requested destination has occurred. When we perform shipping and handling activities after the transfer of control to the customer (e.g., when control transfers prior to delivery), they are considered as fulfillment activities, and accordingly, the costs are accrued for when the related revenue is recognized. For FOB shipping point terms, revenue is recognized at the time of shipment since the customer gains control at this point in time. We record amounts billed for shipping and handling fees as revenue. Costs incurred for shipping and handling are recorded as costs of sales and services. Amounts billed for sales and use taxes, value-added taxes, and certain excise and other specific transactional taxes imposed on revenue-producing transactions are presented on a net basis and excluded from sales in the consolidated income statements. We record a liability until remitted to the respective taxing authority. Sales Incentives and Other Variable Considerations As a part of our customary business practice, we offer a number of sales incentives to our customers including volume discounts, retailer incentives, and prepayment options. The variable considerations given can differ by products, support levels and other eligibility criteria. For all such contracts that include any variable consideration, we estimate the amount of variable consideration that should be included in the transaction price utilizing either the expected value method or the most likely amount method depending on the nature of the variable consideration. Variable consideration is included in the transaction price if, in our judgment, it is probable that a significant future reversal of cumulative revenue under the contract will not occur. Although determining the transaction price for these considerations requires significant judgment, we have significant historical experience with incentives provided to customers and estimate the expected consideration considering historical patterns of incentive payouts. These estimates are reassessed each reporting period as required. In addition to the variable considerations described above, in certain instances, we may require our customers to meet certain volume thresholds within their contract term. We estimate what amount of variable consideration should be included in the transaction price at contract inception and continually reassess this estimation each reporting period to determine situations when the minimum volume thresholds will not be met. Right of Return We extend an assurance warranty offering customers a right of refund or exchange in case delivered product does not conform to specifications. Additionally, in certain regions and arrangements, we may offer a right of return for a specified period. Both instances are accounted for as a right of return and transaction price is adjusted for an estimate of expected returns. Replacement products are accounted for under the warranty guidance if the customer exchanges one product for another of the same kind, quality, and price. We have significant experience with historical return patterns and use this experience to include returns in the estimate of transaction price. Contract Asset and Contract Liability Balances We satisfy our obligations by transferring goods and services in exchange for consideration from customers. The timing of performance sometimes differs from the timing the associated consideration is received from the customer, thus resulting in the recognition of a contract asset or contract liability. We recognize a contract liability if the customer's payment of consideration is received prior to completion of our related performance obligation.
Leases	We lease office space, vehicles and other equipment under non-cancellable leases with initial terms typically ranging from one At contract inception, we review the facts and circumstances of the arrangement to determine if the contract is a lease. We follow the guidance in ASC 842-10-15 and consider the following: whether the contract has an identified asset; if we have the right to obtain substantially all economic benefits from the asset; and if we have the right to direct the use of the underlying asset. When determining if a contract has an identified asset, we consider both explicit and implicit assets, and whether the supplier has the right to substitute the asset. When determining if we have the right to obtain substantially all economic benefits from the asset, we consider the primary outputs of the identified asset throughout the period of use and determine if we receive greater than 90 percent of those benefits. When determining if we have the right to direct the use of an underlying asset, we consider if we have the right to direct how and for what purpose the asset is used throughout the period of use and if we control the decision-making rights over the asset. All leased assets are classified as operating or finance under ASC 842. The lease term is determined as the non-cancellable period of the lease, together with all of the following: periods covered by an option to extend the lease which are reasonably certain to be exercised, periods covered by an option to terminate the lease if the lessee is reasonably certain not to exercise that option, and periods covered by an option to extend (or not to terminate) the lease in which exercise of the option is controlled by the lessor. At commencement, we assess whether any options included in the lease are reasonably certain to be exercised by considering all relevant economic factors including, contract-based, asset-based, market-based, and company-based factors. To determine the present value of future minimum lease payments, we use the implicit rate when readily determinable or our incremental borrowing rate at the lease commencement date. When determining our incremental borrowing rate, we consider our centralized treasury function and our current credit profile. We then make adjustments to this rate for securitization, the length of the lease term, and leases denominated in foreign currencies. Minimum lease payments are expensed over the term of the lease on a straight-line basis. Some leases may require additional contingent or variable lease payments based on factors specific to the individual agreement. Variable lease payments for which we are typically responsible for include payment of vehicle insurance, real estate taxes, and maintenance expenses. Most leases within our portfolio are classified as operating leases under the standard. Operating leases are included in "Other assets including long-term receivables, net", "Accrued and other liabilities", and "Other long-term liabilities" in our condensed consolidated balance sheets. Operating lease right-of-use ("ROU") assets are subsequently measured throughout the lease term at the carrying amount of the lease liability, plus initial direct costs, plus (minus) any prepaid (accrued) lease payments, less the unamortized balance of any lease incentives received. Lease expense for lease payments is recognized on a straight-line basis over the lease term. Operating leases relate to office spaces, IT equipment, transportation equipment, machinery equipment, furniture and fixtures, and plant and facilities under non-cancellable lease agreements. Leases primarily have fixed rental periods, with many of the real estate leases requiring additional payments for property taxes and occupancy-related costs. Leases for real estate typically have initial terms ranging from one one the balance sheet whose term is 12 months or less and does not include a purchase option or extension that is reasonably certain to be exercised. We rent or sublease a small number of assets including equipment and office space to third party companies. These third-party arrangements include a small number of TSA arrangements from recent acquisitions. Rental income from all subleases is not material to our business.
Cash flow hedges and derivatives not designated as hedging instruments	Use of Derivative Financial Instruments to Manage Risk We mitigate certain financial exposures, including currency risk, commodity purchase exposures and interest rate risk, through a program of risk management that includes the use of derivative financial instruments. We enter into derivative contracts, including forward contracts and purchased options, to reduce the effects of fluctuating currency exchange rates, interest rates, and commodity prices. A detailed description of these risks including a discussion on the concentration of credit risk is provided in Note 19 to our consolidated financial statements on our 2021 Form 10-K. We formally document all relationships between hedging instruments and hedged items, as well as the risk management objective and strategy for undertaking various hedge transactions. This process includes relating derivatives that are designated as fair value or cash flow hedges to specific assets and liabilities on the balance sheet or to specific firm commitments or forecasted transactions. We also assess, both at the inception of the hedge and on an ongoing basis, whether each derivative is highly effective in offsetting changes in fair values or cash flows of the hedged item. If we determine that a derivative is not highly effective as a hedge, or if a derivative ceases to be a highly effective hedge, we discontinue hedge accounting with respect to that derivative prospectively. Accounting for Derivative Instruments and Hedging Activities Cash Flow Hedges We recognize all derivatives on the balance sheet at fair value. On the date the derivative instrument is entered into, we generally designate the derivative as a hedge of the variability of cash flows to be received or paid related to a forecasted transaction (cash flow hedge). We record in accumulated other comprehensive income ("AOCI") changes in the fair value of derivatives that are designated as and meet all the required criteria for a cash flow hedge. We then reclassify these amounts into earnings as the underlying hedged item affects earnings. In contrast, we immediately record in earnings changes in the fair value of derivatives that are not designated as cash flow hedges.
Fair Value Hierarchy	We have categorized our assets and liabilities that are recorded at fair value, based on the priority of the inputs to the valuation technique, into a three-level fair value hierarchy. The fair value hierarchy gives the highest priority to quoted prices in active markets for identical assets or liabilities (Level 1) and the lowest priority to unobservable inputs (Level 3). If the inputs used to measure the assets and liabilities fall within different levels of the hierarchy, the categorization is based on the lowest level input that is significant to the fair value measurement of the instrument.

Revenue Recognition (Tables)

Revenue Recognition (Tables)	6 Months Ended
	Jun. 30, 2022
Revenue from Contract with Customer [Abstract]
Disaggregation of revenue	The following table provides information about disaggregated revenue by major geographical region: Three Months Ended June 30, Six Months Ended June 30, (in Millions) 2022 2021 2022 2021 North America $ 364.6 $ 290.5 $ 754.4 $ 591.5 Latin America 431.5 299.6 697.4 502.8 Europe, Middle East & Africa (EMEA) 280.8 272.9 679.0 672.3 Asia 375.4 379.0 672.3 671.0 Total Revenue $ 1,452.3 $ 1,242.0 $ 2,803.1 $ 2,437.6 The following table provides information about disaggregated revenue by product category: Three Months Ended June 30, Six Months Ended June 30, (in Millions) 2022 2021 2022 2021 Insecticides $ 897.1 $ 741.8 $ 1,663.8 $ 1,428.8 Herbicides 380.3 330.8 784.7 692.5 Fungicides 63.3 94.5 172.0 185.0 Plant Health 62.7 52.1 116.1 102.3 Other 48.9 22.8 66.5 29.0 Total Revenue $ 1,452.3 $ 1,242.0 $ 2,803.1 $ 2,437.6
Receivables and contract liabilities	The following table presents the opening and closing balances of our receivables, net of allowances and contract liabilities from contracts with customers: (in Millions) Balance as of December 31, 2021 Balance as of June 30, 2022 Increase (Decrease) Receivables from contracts with customers, net of allowances (1) $ 2,641.1 $ 2,953.5 $ 312.4 Contract liabilities: Advance Payments from customers 630.7 1.8 (628.9) ____________________

Leases (Tables)

Leases (Tables)	6 Months Ended
	Jun. 30, 2022
Leases [Abstract]
Asset and lease liability	The ROU asset and lease liability balances as of June 30, 2022 and December 31, 2021 were as follows: (in Millions) Classification June 30, 2022 December 31, 2021 Assets Operating lease ROU assets Other assets including long-term receivables, net $ 128.2 $ 135.2 Liabilities Operating lease current liabilities Accrued and other liabilities $ 22.7 $ 23.5 Operating lease noncurrent liabilities Other long-term liabilities 132.6 140.0
Components of lease expense, lease term and discount rate	The components of lease expense for the three and six months ended June 30, 2022 and 2021 were as follows: Three Months Ended June 30, Six Months Ended June 30, (in Millions) Lease Cost Classification 2022 2021 2022 2021 Lease Cost Operating lease cost Costs of sales and services / Selling, general and administrative expenses $ 7.8 $ 8.7 $ 16.8 $ 17.3 Variable lease cost Costs of sales and services / Selling, general and administrative expenses 1.4 1.2 2.6 2.4 Total lease cost $ 9.2 $ 9.9 $ 19.4 $ 19.7 June 30, 2022 Operating Lease Term and Discount Rate Weighted-average remaining lease term (years) 8.8 Weighted-average discount rate 4.1 % Three Months Ended June 30, Six Months Ended June 30, (in Millions) 2022 2021 2022 2021 Other Information Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ (7.9) $ (8.7) $ (17.1) $ (17.6) Supplemental non-cash information on lease liabilities arising from obtaining right-of-use assets: Right-of-use assets obtained in exchange for new operating lease liabilities $ 2.9 $ 13.2 $ 10.1 $ 15.9
Future minimum lease payments	The following table represents our future minimum operating lease payments as of, and subsequent to, June 30, 2022 under ASC 842: (in Millions) Operating Leases Total Maturity of Lease Liabilities 2022 (excluding the six months ending June 30, 2022) $ 14.9 2023 24.7 2024 20.4 2025 18.9 2026 17.8 Thereafter 91.4 Total undiscounted lease payments $ 188.1 Less: Present value adjustment (32.8) Present value of lease liabilities $ 155.3

Goodwill and Intangible Assets

Goodwill and Intangible Assets (Tables)	6 Months Ended
	Jun. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of changes in Goodwill	The changes in the carrying amount of goodwill are presented in the table below: (in Millions) Total Balance, December 31, 2021 $ 1,463.3 Foreign currency and other adjustments (7.5) Balance, June 30, 2022 $ 1,455.8
Schedule of finite-lived intangible assets	Our intangible assets, other than goodwill, consist of the following: June 30, 2022 December 31, 2021 (in Millions) Gross Accumulated Amortization Net Gross Accumulated Amortization Net Intangible assets subject to amortization (finite-lived) Customer relationships $ 1,121.9 $ (320.9) $ 801.0 $ 1,147.1 $ (301.3) $ 845.8 Patents 1.8 (1.3) 0.5 1.8 (1.3) 0.5 Brands (1) 15.7 (9.8) 5.9 17.1 (9.9) 7.2 Purchased and licensed technologies 58.6 (41.3) 17.3 60.2 (40.7) 19.5 Other intangibles 1.8 (1.7) 0.1 2.3 (1.7) 0.6 $ 1,199.8 $ (375.0) $ 824.8 $ 1,228.5 $ (354.9) $ 873.6 Intangible assets not subject to amortization (indefinite-lived) Crop Protection Brands (2) $ 1,259.1 $ 1,259.1 $ 1,259.1 $ 1,259.1 Brands (1) 362.5 362.5 389.2 389.2 $ 1,621.6 $ 1,621.6 $ 1,648.3 $ 1,648.3 Total intangible assets $ 2,821.4 $ (375.0) $ 2,446.4 $ 2,876.8 $ (354.9) $ 2,521.9 ____________________ (1) Represents trademarks, trade names and know-how. (2) Represents proprietary brand portfolios, consisting of trademarks, trade names and know-how, of our crop protection brands.
Schedule of indefinite-lived intangible assets	Our intangible assets, other than goodwill, consist of the following: June 30, 2022 December 31, 2021 (in Millions) Gross Accumulated Amortization Net Gross Accumulated Amortization Net Intangible assets subject to amortization (finite-lived) Customer relationships $ 1,121.9 $ (320.9) $ 801.0 $ 1,147.1 $ (301.3) $ 845.8 Patents 1.8 (1.3) 0.5 1.8 (1.3) 0.5 Brands (1) 15.7 (9.8) 5.9 17.1 (9.9) 7.2 Purchased and licensed technologies 58.6 (41.3) 17.3 60.2 (40.7) 19.5 Other intangibles 1.8 (1.7) 0.1 2.3 (1.7) 0.6 $ 1,199.8 $ (375.0) $ 824.8 $ 1,228.5 $ (354.9) $ 873.6 Intangible assets not subject to amortization (indefinite-lived) Crop Protection Brands (2) $ 1,259.1 $ 1,259.1 $ 1,259.1 $ 1,259.1 Brands (1) 362.5 362.5 389.2 389.2 $ 1,621.6 $ 1,621.6 $ 1,648.3 $ 1,648.3 Total intangible assets $ 2,821.4 $ (375.0) $ 2,446.4 $ 2,876.8 $ (354.9) $ 2,521.9 ____________________ (1) Represents trademarks, trade names and know-how. (2) Represents proprietary brand portfolios, consisting of trademarks, trade names and know-how, of our crop protection brands.
Schedule of finite-lived intangible assets amortization expense	Three Months Ended June 30, Six Months Ended June 30, (in Millions) 2022 2021 2022 2021 Amortization expense $ 15.3 $ 15.7 $ 30.7 $ 31.5

Receivables (Tables)

Receivables (Tables)	6 Months Ended
	Jun. 30, 2022
Receivables [Abstract]
Allowance for doubtful trade receivables	The following table displays a roll forward of the allowance for doubtful trade receivables. (in Millions) Balance, December 31, 2020 $ 27.9 Additions - charged to expense 17.2 Transfer from (to) allowance for credit losses (see below) (0.6) Net recoveries, write-offs and other (7.1) Balance, December 31, 2021 $ 37.4 Additions - charged to expense (1.7) Transfer from (to) allowance for credit losses (see below) 0.5 Net recoveries, write-offs and other 0.3 Balance, June 30, 2022 $ 36.5
Schedule of allowance for credit losses rollforward	The following table displays a roll forward of the allowance for credit losses related to long-term customer receivables: ( in Millions ) Balance, December 31, 2020 $ 24.7 Additions - charged to expense 3.9 Transfer from (to) allowance for doubtful accounts (see above) 0.6 Foreign currency adjustments (1.5) Net recoveries, write-offs and other — Balance, December 31, 2021 $ 27.7 Additions - charged to expense (0.1) Transfer from (to) allowance for doubtful accounts (see above) (0.5) Foreign currency adjustments 0.2 Balance, June 30, 2022 $ 27.3

Inventories (Tables)

Inventories (Tables)	6 Months Ended
	Jun. 30, 2022
Inventory Disclosure [Abstract]
Schedule of inventories	Inventories consisted of the following: (in Millions) June 30, 2022 December 31, 2021 Finished goods $ 583.8 $ 559.2 Work in process 876.1 730.8 Raw materials, supplies and other 246.7 231.9 First-in, first-out inventory $ 1,706.6 $ 1,521.9 Less: Excess of first-in, first-out cost over last-in, first-out cost (116.2) (116.2) Net inventories $ 1,590.4 $ 1,405.7

Property, Plant and Equipment (

Property, Plant and Equipment (Tables)	6 Months Ended
	Jun. 30, 2022
Property, Plant and Equipment [Abstract]
Schedule of property, plant and equipment	Property, plant and equipment consisted of the following: (in Millions) June 30, 2022 December 31, 2021 Property, plant and equipment $ 1,353.8 $ 1,329.5 Accumulated depreciation (556.4) (512.5) Property, plant and equipment, net $ 797.4 $ 817.0

Restructuring and Other Charg_2

Restructuring and Other Charges (Income) (Tables)	6 Months Ended
	Jun. 30, 2022
Restructuring and Related Activities [Abstract]
Schedule of restructuring and other charges (income)	Our restructuring and other charges (income) are comprised of restructuring, asset disposals and other charges (income) as noted below. Three Months Ended June 30, Six Months Ended June 30, (in Millions) 2022 2021 2022 2021 Restructuring charges $ 3.4 $ 10.5 $ 14.6 $ 16.8 Other charges (income), net 77.4 5.8 75.3 2.7 Total restructuring and other charges (income) $ 80.8 $ 16.3 $ 89.9 $ 19.5
Schedule of restructuring charges and asset disposals	(in Millions) Severance and Employee Benefits Other Charges (Income) (1) Asset Disposal Charges (Income) (2) Total DuPont Crop restructuring (3) $ — $ 0.2 $ — $ 0.2 Regional realignment (4) 1.4 1.0 — 2.4 Other items 0.3 0.5 — 0.8 Three Months Ended June 30, 2022 $ 1.7 $ 1.7 $ — $ 3.4 DuPont Crop restructuring (3) $ — $ 1.8 $ (0.1) $ 1.7 Regional realignment (4) 4.5 2.5 0.2 7.2 Other items 1.6 — — 1.6 Three Months Ended June 30, 2021 $ 6.1 $ 4.3 $ 0.1 $ 10.5 DuPont Crop restructuring (3) $ — $ 0.5 $ — $ 0.5 Regional realignment (4) 3.4 1.5 — 4.9 Other items (0.1) 1.1 8.2 9.2 Six Months Ended June 30, 2022 $ 3.3 $ 3.1 $ 8.2 $ 14.6 DuPont Crop restructuring $ 1.2 $ 2.9 $ 0.9 $ 5.0 Regional realignment (4) 4.5 3.2 0.2 7.9 Other items 3.9 — — 3.9 Six Months Ended June 30, 2021 $ 9.6 $ 6.1 $ 1.1 $ 16.8 ____________________ (1) Primarily represents costs associated with miscellaneous restructuring activities, including third-party costs. Other income, if applicable, primarily represents favorable developments on previously recorded exit costs and recoveries associated with restructuring. (2) Primarily represents asset write-offs (recoveries) and accelerated depreciation on long-lived assets, which were or are to be abandoned. To the extent incurred, the acceleration effect of re-estimating settlement dates and revised cost estimates associated with asset retirement obligations due to facility shutdowns, are also included within the asset disposal charges. The amount for the six months ended June 30, 2022 represents fixed asset charges resulting from the closure of certain manufacturing sites during the period. (3) Restructuring charges related to DuPont Crop restructuring during the three and six months ended June 30, 2022 and June 30, 2021 represent the remaining in-flight restructuring charges as we completed the established DuPont Crop Restructuring program associated with integration. These charges are primarily associated with accelerated depreciation on certain fixed assets, severance, and other costs as we exit certain facilities. (4) Beginning in the second quarter of 2021, we began to consolidate our global operations into centralized regional headquarters within EMEA and APAC. The regional realignment restructuring charges during the three and six months ended June 30, 2022 and June 30, 2021 are primarily related to severance and other exit costs resulting from this consolidation.
Restructuring reserve rollforward	The following table shows a roll forward of restructuring reserves, that will result in cash spending. These amounts exclude asset retirement obligations. (in Millions) Balance at 12/31/21 (4) Change in reserves (5) Cash payments (6) Other Balance at 6/30/22 (4) DuPont Crop restructuring (1) $ 8.6 $ 0.5 $ (3.4) $ (0.1) $ 5.6 Regional realignment (2) 4.0 4.9 (3.5) — 5.4 Other workforce related and facility shutdowns (3) 2.3 1.0 (2.5) — 0.8 Total $ 14.9 $ 6.4 $ (9.4) $ (0.1) $ 11.8 ____________________ (1) Primarily consists of exit costs and severance associated with DuPont Crop restructuring activities. (2) Primarily consists of severance and employee relocation costs as well as other costs associated with the relocation of our European headquarters and the consolidation of our Asia Pacific operations into a single regional headquarters in Singapore. (3) Primarily severance costs related to workforce reductions and facility shutdowns. (4) Included in "Accrued and other liabilities" and "Other long-term liabilities" on the condensed consolidated balance sheets. (5) Primarily severance and other miscellaneous exit costs. Any accelerated depreciation and impairment charges noted above that impacted our property, plant and equipment balances or other long-term assets are not included in this table. (6) In addition to the spend above, for the six months ended June 30, 2022 there was also approximately $3.2 million of spending related to the Furadan® asset retirement obligation as well as $4.2 million of additional spending for items in the restructuring and other charge line item that are not in the rollforward above.
Schedule of other charges (income), net	Three Months Ended June 30, Six Months Ended June 30, (in Millions) 2022 2021 2022 2021 Environmental charges, net $ 0.9 $ 3.7 $ (2.4) $ (0.4) Exit from Russian Operations 76.1 — 76.1 — Other items, net 0.4 2.1 1.6 3.1 Other charges (income), net $ 77.4 $ 5.8 $ 75.3 $ 2.7

Debt (Tables)

Debt (Tables)	6 Months Ended
	Jun. 30, 2022
Debt Disclosure [Abstract]
Debt maturing within one year	Debt maturing within one year: (in Millions) June 30, 2022 December 31, 2021 Short-term foreign debt (1) $ 101.5 $ 112.2 Commercial paper (2) 964.4 244.1 Total short-term debt $ 1,065.9 $ 356.3 Current portion of long-term debt 89.2 84.5 Total short-term debt and current portion of long-term debt (3) $ 1,155.1 $ 440.8 ____________________ (1) At June 30, 2022, the average effective interest rate on the borrowings was 15.6 percent. (2) At June 30, 2022, the average effective interest rate on the borrowings was 2.15 percent. (3) Based on cash generated from operations, our existing liquidity facilities, which includes the revolving credit agreement with the option to increase capacity up to $2.75 billion, and our continued access to debt capital markets, we have adequate liquidity to meet any of the company's debt obligations in the near term.
Schedule of long-term debt	Long-term debt: (in Millions) June 30, 2022 Interest Rate Percentage Maturity June 30, 2022 December 31, 2021 Pollution control and industrial revenue bonds (less unamortized discounts of $0.1 and $0.1, respectively) 6.45% 2032 $ 49.9 $ 49.9 Senior notes (less unamortized discount of $0.6 and $0.7, respectively) 3.20% - 4.50% 2024 - 2049 1,899.4 1,899.3 2021 Term Loan Facility 2.60% 2024 800.0 800.0 Revolving Credit Facility (1) 4.30% 2027 — — Foreign debt 0% - 15.30% 2023 - 2024 89.2 84.7 Debt issuance cost (17.6) (17.7) Total long-term debt $ 2,820.9 $ 2,816.2 Less: debt maturing within one year 89.2 84.5 Total long-term debt, less current portion $ 2,731.7 $ 2,731.7 ____________________ (1) Letters of credit outstanding under our Revolving Credit Facility totaled $160.0 million and available funds under this facility were $875.6 million at June 30, 2022.

Discontinued Operations (Tables

Discontinued Operations (Tables)	6 Months Ended
	Jun. 30, 2022
Discontinued Operations and Disposal Groups [Abstract]
Schedule of discontinued operations	Our discontinued operations comprised the following: (in Millions) Three Months Ended June 30, Six Months Ended June 30, 2022 2021 2022 2021 Adjustment for workers’ compensation, product liability, other postretirement benefits and other, net of income tax benefit (expense) of $(1.5) and $(1.7) for the three and six months ended June 30, 2022, and $(1.1) and $(2.1) for the three and six months ended June 30, 2021, respectively $ (3.1) $ (1.0) $ (3.5) $ (2.6) Provision for environmental liabilities, net of recoveries, net of income tax benefit of $0.3 and $0.9 for the three and six months ended June 30, 2022 and $0.8 and $1.6 three and six months ended June 30, 2021, respectively (0.6) (3.4) (2.7) (5.7) Provision for legal reserves and expenses, net of recoveries, net of income tax benefit of $1.9 and $5.3 for the three and six months ended June 30, 2022 and $2.7 and $3.8 for the three and six months ended June 30, 2021 respectively (7.1) (10.2) (19.8) (14.4) Discontinued operations, net of income taxes $ (10.8) $ (14.6) $ (26.0) $ (22.7)

Environmental Obligations (Tabl

Environmental Obligations (Tables)	6 Months Ended
	Jun. 30, 2022
Environmental Remediation Obligations [Abstract]
Environmental reserves rollforward, continuing and discontinued	The following table is a roll forward of our total environmental reserves, continuing and discontinued: (in Millions) Gross Recoveries (3) Net Total environmental reserves at December 31, 2021 $ 514.6 $ (11.4) $ 503.2 Provision (Benefit) 3.7 (0.6) 3.1 (Spending) Recoveries (25.8) — (25.8) Foreign currency translation adjustments (6.0) — (6.0) Net change $ (28.1) $ (0.6) $ (28.7) Total environmental reserves at June 30, 2022 $ 486.5 $ (12.0) $ 474.5 Environmental reserves, current (1) $ 102.2 $ (1.1) $ 101.1 Environmental reserves, long-term (2) 384.3 (10.9) 373.4 Total environmental reserves at June 30, 2022 $ 486.5 $ (12.0) $ 474.5 ____________________ (1) These amounts are included within "Accrued and other liabilities" on the condensed consolidated balance sheets. (2) These amounts are included in "Environmental liabilities, continuing and discontinued" on the condensed consolidated balance sheets. (3) These recorded recoveries represent probable realization of claims against U.S. government agencies and are recorded as an offset to our environmental reserves in the condensed consolidated balance sheets.
Schedule of environmental recoveries	The table below provides a roll forward of our environmental recoveries representing probable realization of claims against insurance carriers and other third parties. These recoveries are recorded as "Prepaid and other current assets" and "Other assets including long-term receivables, net" in the condensed consolidated balance sheets. (in Millions) December 31, 2021 Increase (Decrease) in recoveries Cash received June 30, 2022 Environmental recoveries $ 4.5 $ 1.9 $ (0.3) $ 6.1
Schedule of net environmental provision by operating and discontinued sites	The net provisions are comprised as follows: Three Months Ended June 30, Six Months Ended June 30, (in Millions) 2022 2021 2022 2021 Environmental provisions, net - recorded to liabilities (1) $ 3.7 $ 8.4 $ 3.1 $ 7.5 Environmental provisions, net - recorded to assets (2) (1.9) (0.5) (1.9) (0.6) Environmental provision, net $ 1.8 $ 7.9 $ 1.2 $ 6.9 Continuing operations (3) $ 0.9 $ 3.7 $ (2.4) $ (0.4) Discontinued operations (4) 0.9 4.2 3.6 7.3 Environmental provision, net $ 1.8 $ 7.9 $ 1.2 $ 6.9 ____________________ (1) See above roll forward of our total environmental reserves as presented on the condensed consolidated balance sheets. (2) See above roll forward of our total environmental recoveries as presented on the condensed consolidated balance sheets. (3) Recorded as a component of "Restructuring and other charges (income)" on the condensed consolidated statements of income (loss). See Note 9. Environmental obligations for continuing operations primarily represent obligations at shut down or abandoned facilities within businesses that do not meet the criteria for presentation as discontinued operations. (4) Recorded as a component of "Discontinued operations, net of income taxes" on the condensed consolidated statements of income (loss). See Note 11.

Earnings Per Share (Tables)

Earnings Per Share (Tables)	6 Months Ended
	Jun. 30, 2022
Earnings Per Share [Abstract]
Calculation of basic and diluted earnings per share	Earnings applicable to common stock and common stock shares used in the calculation of basic and diluted earnings per share are as follows: (in Millions, Except Share and Per Share Data) Three Months Ended June 30, Six Months Ended June 30, 2022 2021 2022 2021 Earnings (loss) attributable to FMC stockholders: Continuing operations, net of income taxes $ 145.0 $ 217.5 $ 367.6 $ 408.2 Discontinued operations, net of income taxes (10.8) (14.6) (26.0) (22.7) Net income (loss) attributable to FMC stockholders $ 134.2 $ 202.9 $ 341.6 $ 385.5 Less: Distributed and undistributed earnings allocable to restricted award holders (0.3) (0.5) (0.6) (0.9) Net income (loss) allocable to common stockholders $ 133.9 $ 202.4 $ 341.0 $ 384.6 Basic earnings (loss) per common share attributable to FMC stockholders: Continuing operations $ 1.15 $ 1.68 $ 2.91 $ 3.15 Discontinued operations (0.09) (0.11) (0.21) (0.18) Net income (loss) attributable to FMC stockholders $ 1.06 $ 1.57 $ 2.70 $ 2.97 Diluted earnings (loss) per common share attributable to FMC stockholders: Continuing operations $ 1.15 $ 1.67 $ 2.90 $ 3.14 Discontinued operations (0.09) (0.11) (0.21) (0.17) Net income (loss) attributable to FMC stockholders $ 1.06 $ 1.56 $ 2.69 $ 2.97 Shares (in thousands): Weighted average number of shares of common stock outstanding - Basic 126,204 129,090 126,127 129,319 Weighted average additional shares assuming conversion of potential common shares 742 801 754 813 Shares – diluted basis 126,946 129,891 126,881 130,132

Equity (Tables)

Equity (Tables)	6 Months Ended
	Jun. 30, 2022
Equity [Abstract]
Schedule of accumulated other comprehensive income (loss)	Summarized below is the roll forward of accumulated other comprehensive income (loss), net of tax. (in Millions) Foreign currency adjustments Derivative Instruments (1) Pension and other postretirement benefits (2) Total Accumulated other comprehensive income (loss), net of tax at December 31, 2021 $ (62.5) $ (22.2) $ (231.0) $ (315.7) 2022 Activity Other comprehensive income (loss) before reclassifications (119.6) (44.5) — (164.1) Amounts reclassified from accumulated other comprehensive income (loss) 4.2 8.4 6.8 19.4 Net current period other comprehensive income (loss) $ (115.4) $ (36.1) $ 6.8 $ (144.7) Accumulated other comprehensive income (loss), net of tax at June 30, 2022 $ (177.9) $ (58.3) $ (224.2) $ (460.4) (in Millions) Foreign currency adjustments Derivative Instruments (1) Pension and other postretirement benefits (2) Total Accumulated other comprehensive income (loss), net of tax at December 31, 2020 $ 24.0 $ (71.8) $ (234.4) $ (282.2) 2021 Activity Other comprehensive income (loss) before reclassifications (34.6) (7.5) (0.1) (42.2) Amounts reclassified from accumulated other comprehensive income (loss) — 11.2 8.7 19.9 Net current period other comprehensive income (loss) $ (34.6) $ 3.7 $ 8.6 $ (22.3) Accumulated other comprehensive income (loss), net of tax at June 30, 2021 $ (10.6) $ (68.1) $ (225.8) $ (304.5) ____________________ (1) See Note 18 for more information. (2) See Note 16 for more information.
Reclassification out of accumulated other comprehensive income	The table below provides details about the reclassifications from accumulated other comprehensive income (loss) and the affected line items in the condensed consolidated statements of income (loss) for each of the periods presented: Details about Accumulated Other Comprehensive Income Components Amounts Reclassified from Accumulated Other Comprehensive Income (Loss) (1) Affected Line Item in the Condensed Consolidated Statements of Income (Loss) Three Months Ended June 30, Six Months Ended June 30, (in Millions) 2022 2021 2022 2021 Foreign currency translation adjustments: Divestiture of Russia operations (2) $ (4.2) $ — $ (4.2) $ — Restructuring and other charges (income) Derivative instruments Gain (loss) on foreign currency contracts $ (13.5) $ (7.6) $ (15.1) $ (12.4) Costs of sales and services Gain (loss) on foreign currency contracts 3.0 0.2 3.5 0.3 Selling, general and administrative expenses Gain (loss) on interest rate contracts (1.0) (1.9) (2.0) (2.1) Interest expense, net Total before tax $ (11.5) $ (9.3) $ (13.6) $ (14.2) 3.7 2.2 5.2 3.0 Provision for income taxes Amount included in net income (loss) $ (7.8) $ (7.1) $ (8.4) $ (11.2) Pension and other postretirement benefits (3) Amortization of prior service costs $ — $ — $ — $ (0.1) Selling, general and administrative expenses Amortization of unrecognized net actuarial and other gains (losses) (4.0) (5.5) (8.2) (10.9) Non-operating pension and postretirement charges (income) Recognized loss due to curtailment and settlement — — (0.4) — Non-operating pension and postretirement charges (income); Discontinued operations, net of income taxes Total before tax $ (4.0) $ (5.5) $ (8.6) $ (11.0) 0.8 1.2 1.8 2.3 Provision for income taxes; Discontinued operations, net of income taxes Amount included in net income (loss) $ (3.2) $ (4.3) $ (6.8) $ (8.7) Total reclassifications for the period $ (15.2) $ (11.4) $ (19.4) $ (19.9) Amount included in net income ____________________ (1) Amounts in parentheses indicate charges to the condensed consolidated statements of income (loss). (2) The reclassification of historical cumulative translation adjustments was the result of the exit from our Russian operations. See Note 9 within these consolidated financial statements for more information.

Pensions and Other Postretire_2

Pensions and Other Postretirement Benefits (Tables)	6 Months Ended
	Jun. 30, 2022
Retirement Benefits [Abstract]
Components of net annual benefit cost (income)	The following table summarizes the components of net annual benefit cost (income): (in Millions) Three Months Ended June 30, Six Months Ended June 30, Pensions Other Benefits Pensions Other Benefits 2022 2021 2022 2021 2022 2021 2022 2021 Service cost $ 1.2 $ 1.3 $ — $ — $ 2.3 $ 2.6 $ — $ — Interest cost 7.2 6.1 0.1 — 14.5 12.2 0.2 0.1 Expected return on plan assets (7.7) (7.0) — — (15.5) (14.1) — — Amortization of prior service cost (credit) 0.1 — — — 0.1 0.1 — — Recognized net actuarial and other (gain) loss 4.5 5.9 (0.2) (0.2) 9.0 11.8 (0.4) (0.4) Recognized loss due to settlement (1) — — — — 0.4 — — — Net periodic benefit cost (income) $ 5.3 $ 6.3 $ (0.1) $ (0.2) $ 10.8 $ 12.6 $ (0.2) $ (0.3)

Financial Instruments, Risk M_2

Financial Instruments, Risk Management and Fair Value Measurements (Tables)	6 Months Ended
	Jun. 30, 2022
Fair Value Disclosures [Abstract]
Carrying value of financial instruments	The carrying value of these financial instruments approximates their fair value. Our other financial instruments include the following: Financial Instrument Valuation Method Foreign exchange forward contracts Estimated amounts that would be received or paid to terminate the contracts at the reporting date based on current market prices for applicable currencies. Commodity forward contracts Estimated amounts that would be received or paid to terminate the contracts at the reporting date based on quoted market prices for applicable commodities. Debt Our estimates and information obtained from independent third parties using market data, such as bid/ask spreads for the last business day of the reporting period.
Schedule of derivative instruments in statement of financial position, fair value	The following tables provide the gross fair value and net balance sheet presentation of our derivative instruments. June 30, 2022 Gross Amount of Derivatives (in Millions) Designated as Cash Flow Hedges Not Designated as Hedging Instruments Total Gross Amounts Gross Amounts Offset in the Condensed Consolidated Balance Sheet (3) Net Amounts Foreign exchange contracts $ 36.5 $ 14.9 $ 51.4 $ (29.9) $ 21.5 Interest rate contracts 17.7 — 17.7 — 17.7 Total derivative assets (1) $ 54.2 $ 14.9 $ 69.1 $ (29.9) $ 39.2 Foreign exchange contracts $ (52.6) $ (2.7) $ (55.3) $ 29.9 $ (25.4) Total derivative liabilities (2) $ (52.6) $ (2.7) $ (55.3) $ 29.9 $ (25.4) Net derivative assets (liabilities) $ 1.6 $ 12.2 $ 13.8 $ — $ 13.8 December 31, 2021 Gross Amount of Derivatives (in Millions) Designated as Cash Flow Hedges Not Designated as Hedging Instruments Total Gross Amounts Gross Amounts Offset in the Condensed Consolidated Balance Sheet (3) Net Amounts Foreign exchange contracts $ 35.9 $ 5.7 $ 41.6 $ (21.9) $ 19.7 Interest rate contracts 3.7 — 3.7 — 3.7 Total derivative assets (1) $ 39.6 $ 5.7 $ 45.3 $ (21.9) $ 23.4 Foreign exchange contracts $ (16.2) $ (9.7) $ (25.9) $ 21.9 $ (4.0) Total derivative liabilities (2) $ (16.2) $ (9.7) $ (25.9) $ 21.9 $ (4.0) Net derivative assets (liabilities) $ 23.4 $ (4.0) $ 19.4 $ — $ 19.4 ______________ (1) Net balance is included in "Prepaid and other current assets" in the condensed consolidated balance sheets. (2) Net balance is included in "Accrued and other liabilities" in the condensed consolidated balance sheets. (3) Represents net derivatives positions subject to master netting arrangements.
Schedule of derivative instruments, gain (loss) in statement of financial performance	The tables below summarize the gains or losses related to our cash flow hedges and derivatives not designated as hedging instruments. Derivatives in Cash Flow Hedging Relationships Contracts Foreign Exchange Interest rate Total Three Months Ended June 30, (in Millions) 2022 2021 2022 2021 2022 2021 Unrealized hedging gains (losses) and other, net of tax $ 34.1 $ (44.1) $ 6.1 $ (3.9) $ 40.2 $ (48.0) Reclassification of deferred hedging (gains) losses, net of tax (1) 7.0 5.5 0.8 1.6 7.8 7.1 Total derivative instrument impact on comprehensive income, net of tax $ 41.1 $ (38.6) $ 6.9 $ (2.3) $ 48.0 $ (40.9) Contracts Foreign Exchange Interest rate Total Six Months Ended June 30, (in Millions) 2022 2021 2022 2021 2022 2021 Unrealized hedging gains (losses) and other, net of tax $ (55.5) $ (10.6) $ 11.0 $ 3.1 $ (44.5) $ (7.5) Reclassification of deferred hedging (gains) losses, net of tax (1) 6.8 9.4 1.6 1.8 8.4 11.2 Total derivative instrument impact on comprehensive income, net of tax $ (48.7) $ (1.2) $ 12.6 $ 4.9 $ (36.1) $ 3.7 ______________ (1) See Note 14 for classification of amounts within the condensed consolidated statements of income (loss). Derivatives Not Designated as Hedging Instruments Amount of Pre-tax Gain (Loss) Recognized in Income on Derivatives (1) Three Months Ended June 30, Six Months Ended June 30, (in Millions) 2022 2021 2022 2021 Foreign exchange contracts $ (19.0) $ (15.0) $ (35.2) $ (27.7) Total $ (19.0) $ (15.0) $ (35.2) $ (27.7) ______________ (1) Amounts in the columns represent the gain or loss on the derivative instrument offset by the gain or loss on the hedged item. These amounts are included in "Costs of sales and services" on the consolidated statements of income (loss).
Schedule of fair value, assets and liabilities measured on recurring basis	The following tables present our fair value hierarchy for those assets and liabilities measured at fair value on a recurring basis in the condensed consolidated balance sheets. During the periods presented there were no transfers between fair value hierarchy levels. (in Millions) June 30, 2022 Quoted Prices in Active Markets for Identical Assets Significant Other Observable Inputs Significant Unobservable Inputs Assets Derivatives – Foreign exchange (1) $ 21.5 $ — $ 21.5 $ — Derivatives – Interest rate (1) 17.7 — 17.7 — Other (2) 18.0 18.0 — — Total assets $ 57.2 $ 18.0 $ 39.2 $ — Liabilities Derivatives – Foreign exchange (1) $ 25.4 $ — $ 25.4 $ — Derivatives – Interest rate (1) — — — — Other (3) 22.9 22.9 — — Total liabilities $ 48.3 $ 22.9 $ 25.4 $ — (in Millions) December 31, 2021 Quoted Prices in Active Markets for Identical Assets Significant Other Observable Inputs Significant Unobservable Inputs Assets Derivatives – Foreign exchange (1) $ 19.7 $ — $ 19.7 $ — Derivatives - Interest Rate (1) 3.7 — 3.7 — Other (2) 21.1 21.1 — — Total assets $ 44.5 $ 21.1 $ 23.4 $ — Liabilities Derivatives – Foreign exchange (1) $ 4.0 $ — $ 4.0 $ — Derivatives – Interest rate (1) — — — — Other (3) 26.2 26.2 — — Total liabilities $ 30.2 $ 26.2 $ 4.0 $ — ____________________ (1) See the Fair Value of Derivative Instruments table within this Note for classification on the condensed consolidated balance sheets. (2) Consists of a deferred compensation arrangement, through which we hold various investment securities, recognized on our balance sheets. Both the asset and liability are recorded at fair value. Asset amounts are included in "Other assets including long-term receivables, net" in the condensed consolidated balance sheets.

Guarantees, Commitments, and _2

Guarantees, Commitments, and Contingencies (Tables)	6 Months Ended
	Jun. 30, 2022
Commitments and Contingencies Disclosure [Abstract]
Schedule of estimated undiscounted potential future payments for guarantees	The following table provides the estimated undiscounted amount of potential future payments for each major group of guarantees at June 30, 2022. These guarantees arise during the ordinary course of business from relationships with customers and non-consolidated affiliates. Non-performance by the guaranteed party triggers the obligation requiring us to make payments to the beneficiary of the guarantee. Based on our experience, these types of guarantees have not had a material effect on our consolidated financial position or on our liquidity. Our expectation is that future payment or performance related to the non-performance of others is considered unlikely. (in Millions) Guarantees: Guarantees of vendor financing - short-term (1) $ 204.9 Other debt guarantees (2) 1.2 Total $ 206.1 ____________________ (1) Represents guarantees to financial institutions on behalf of certain customers for their seasonal borrowing. This short-term amount is recorded within "Guarantees of vendor financing" on the condensed consolidated balance sheets. (2) These guarantees represent support provided to third-party banks for credit extended to various customers and non-consolidated affiliates. The liability for the guarantees is recorded at an amount that approximates fair value (i.e. representing the stand-ready obligation) based on our historical collection experience and a current assessment of credit exposure. We believe the fair value of these guarantees is immaterial. The majority of these guarantees have an expiration date of less than one year.

Revenue Recognition - Narrative

Revenue Recognition - Narrative (Details) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022 USD ($) product	Jun. 30, 2021 USD ($)	Jun. 30, 2022 USD ($)	Jun. 30, 2021 USD ($)	Dec. 31, 2021 USD ($)
Disaggregation of Revenue [Line Items]
Number of product categories | product	3
Maximum payment term (in days)			360 days
Period between delivery and receipt of payment (in years)			1 year
Revenue recognized, previously included in contract liability balance			$ 628.9
Period between prepayment and performance of obligations (in years)			1 year
Contract with customer, liability	$ 1.8		$ 1.8		$ 630.7
DuPont
Disaggregation of Revenue [Line Items]
Supply agreement term (in years)			5 years
Revenues	$ 27	$ 26	$ 54	$ 51
Minimum
Disaggregation of Revenue [Line Items]
Contract payment term (in days)			30 days
Maximum
Disaggregation of Revenue [Line Items]
Contract payment term (in days)			90 days

Revenue Recognition - Disaggreg

Revenue Recognition - Disaggregation of Revenue by Major Geographical Region (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Disaggregation of Revenue [Line Items]
Total Revenue	$ 1,452.3	$ 1,242	$ 2,803.1	$ 2,437.6
North America
Disaggregation of Revenue [Line Items]
Total Revenue	364.6	290.5	754.4	591.5
Latin America
Disaggregation of Revenue [Line Items]
Total Revenue	431.5	299.6	697.4	502.8
Europe, Middle East & Africa (EMEA)
Disaggregation of Revenue [Line Items]
Total Revenue	280.8	272.9	679	672.3
Asia
Disaggregation of Revenue [Line Items]
Total Revenue	$ 375.4	$ 379	$ 672.3	$ 671

Revenue Recognition - Disaggr_2

Revenue Recognition - Disaggregation of Revenue By Major Product Category (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Disaggregation of Revenue [Line Items]
Total Revenue	$ 1,452.3	$ 1,242	$ 2,803.1	$ 2,437.6
Insecticides
Disaggregation of Revenue [Line Items]
Total Revenue	897.1	741.8	1,663.8	1,428.8
Herbicides
Disaggregation of Revenue [Line Items]
Total Revenue	380.3	330.8	784.7	692.5
Fungicides
Disaggregation of Revenue [Line Items]
Total Revenue	63.3	94.5	172	185
Plant Health
Disaggregation of Revenue [Line Items]
Total Revenue	62.7	52.1	116.1	102.3
Other
Disaggregation of Revenue [Line Items]
Total Revenue	$ 48.9	$ 22.8	$ 66.5	$ 29

Revenue Recognition - Assets an

Revenue Recognition - Assets and Liabilities (Details) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2022	Dec. 31, 2021
Revenue from Contract with Customer [Abstract]
Receivables from contracts with customers, net of allowances	$ 2,953.5	$ 2,641.1
Receivables from contracts with customers, net of allowances, increase (decrease)	312.4
Contract with customer, liability	1.8	630.7
Advance payments from customers	(628.9)
Trade receivables	2,885.1	$ 2,583.7
Net long-term customer receivables	$ 68.4

Leases - Narrative (Details)

Leases - Narrative (Details)	Jun. 30, 2022
Minimum
Lessee, Lease, Description [Line Items]
Lease term (in years)	1 year
Maximum
Lessee, Lease, Description [Line Items]
Lease term (in years)	20 years
Real Estate Properties | Minimum
Lessee, Lease, Description [Line Items]
Lease term (in years)	1 year
Real Estate Properties | Maximum
Lessee, Lease, Description [Line Items]
Lease term (in years)	20 years
Non-Real Estate Properties | Minimum
Lessee, Lease, Description [Line Items]
Lease term (in years)	1 year
Non-Real Estate Properties | Maximum
Lessee, Lease, Description [Line Items]
Lease term (in years)	10 years

Leases - ROU Asset and Lease Li

Leases - ROU Asset and Lease Liability (Details) - USD ($) $ in Millions	Jun. 30, 2022	Dec. 31, 2021
Assets
Operating lease ROU assets	$ 128.2	$ 135.2
Operating Lease, Right-of-Use Asset, Statement of Financial Position	Other assets including long-term receivables, net	Other assets including long-term receivables, net
Liabilities
Operating lease current liabilities	$ 22.7	$ 23.5
Operating lease noncurrent liabilities	$ 132.6	$ 140
Operating Lease, Liability, Current, Statement of Financial Position	Accrued and other liabilities	Accrued and other liabilities
Operating Lease, Liability, Noncurrent, Statement of Financial Position	Other long-term liabilities	Other long-term liabilities

Leases - Components of Lease Ex

Leases - Components of Lease Expense (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Leases [Abstract]
Operating lease cost	$ 7.8	$ 8.7	$ 16.8	$ 17.3
Variable lease cost	1.4	1.2	2.6	2.4
Total lease cost	$ 9.2	$ 9.9	$ 19.4	$ 19.7

Leases - Operating Lease Term a

Leases - Operating Lease Term and Discount Rate (Details)	Jun. 30, 2022
Leases [Abstract]
Weighted-average remaining lease term (years)	8 years 9 months 18 days
Weighted-average discount rate	4.10%

Leases - Cash Flow Information

Leases - Cash Flow Information (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$ (7.9)	$ (8.7)	$ (17.1)	$ (17.6)
Supplemental non-cash information on lease liabilities arising from obtaining right-of-use assets:
Right-of-use assets obtained in exchange for new operating lease liabilities	$ 2.9	$ 13.2	$ 10.1	$ 15.9

Leases - Future Minimum Lease P

Leases - Future Minimum Lease Payments (Details) $ in Millions	Jun. 30, 2022 USD ($)
Lessee, Operating Lease, Liability, Payment, Due [Abstract]
2022 (excluding the six months ending June 30, 2022)	$ 14.9
2023	24.7
2024	20.4
2025	18.9
2026	17.8
Thereafter	91.4
Total undiscounted lease payments	188.1
Less: Present value adjustment	(32.8)
Present value of lease liabilities	$ 155.3

Goodwill and Intangible Asset_2

Goodwill and Intangible Assets - Goodwill (Details) $ in Millions	6 Months Ended
	Jun. 30, 2022 USD ($)
Goodwill [Roll Forward]
Balance, December 31, 2021	$ 1,463.3
Foreign currency and other adjustments	(7.5)
Balance, June 30, 2022	$ 1,455.8

Goodwill and Intangible Asset_3

Goodwill and Intangible Assets - Intangible Assets (Details) - USD ($) $ in Millions	Jun. 30, 2022	Dec. 31, 2021
Intangible assets subject to amortization (finite-lived)
Gross	$ 1,199.8	$ 1,228.5
Accumulated Amortization	(375)	(354.9)
Net	824.8	873.6
Intangible assets not subject to amortization (indefinite-lived)
Indefinite-lived intangible assets	1,621.6	1,648.3
Finite and Indefinite lived intangible assets, gross	2,821.4	2,876.8
Intangible assets net	2,446.4	2,521.9
Crop Protection Brands
Intangible assets not subject to amortization (indefinite-lived)
Indefinite-lived intangible assets	1,259.1	1,259.1
Brands
Intangible assets not subject to amortization (indefinite-lived)
Indefinite-lived intangible assets	362.5	389.2
Customer relationships
Intangible assets subject to amortization (finite-lived)
Gross	1,121.9	1,147.1
Accumulated Amortization	(320.9)	(301.3)
Net	801	845.8
Patents
Intangible assets subject to amortization (finite-lived)
Gross	1.8	1.8
Accumulated Amortization	(1.3)	(1.3)
Net	0.5	0.5
Brands
Intangible assets subject to amortization (finite-lived)
Gross	15.7	17.1
Accumulated Amortization	(9.8)	(9.9)
Net	5.9	7.2
Purchased and licensed technologies
Intangible assets subject to amortization (finite-lived)
Gross	58.6	60.2
Accumulated Amortization	(41.3)	(40.7)
Net	17.3	19.5
Other intangibles
Intangible assets subject to amortization (finite-lived)
Gross	1.8	2.3
Accumulated Amortization	(1.7)	(1.7)
Net	$ 0.1	$ 0.6

Goodwill and Intangible Asset_4

Goodwill and Intangible Assets - Intangible Asset Amortization (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
Amortization expense	$ 15.3	$ 15.7	$ 30.7	$ 31.5
Finite-Lived Intangible Assets, Net, Amortization Expense, Fiscal Year Maturity [Abstract]
Remainder of fiscal year	61		61
2023	60		60
2024	59		59
2025	59		59
2026	59		59
2027	$ 58		$ 58

Acquisitions (Details)

Acquisitions (Details) $ in Millions	Jul. 19, 2022 USD ($)
BioPhero | Subsequent Event
Business Acquisition [Line Items]
Amount to be paid for assets acquired	$ 200

Receivables - Allowance for Dou

Receivables - Allowance for Doubtful Trade Receivables and Credit Losses (Details) - USD ($) $ in Millions	6 Months Ended	12 Months Ended
	Jun. 30, 2022	Dec. 31, 2021
Allowance for short term receivables [Roll Forward]
Beginning balance	$ 37.4	$ 27.9
Additions - charged to expense	(1.7)	17.2
Transfer from (to) allowance for credit losses (see below)	0.5	(0.6)
Net recoveries, write-offs and other	0.3	(7.1)
Ending balance	36.5	37.4
Allowance for long term customer receivables [Roll Forward]
Beginning balance	27.7	24.7
Additions - charged to expense	(0.1)	3.9
Transfer from (to) allowance for doubtful accounts (see above)	(0.5)	0.6
Foreign currency adjustments	0.2	(1.5)
Net recoveries, write-offs and other		0
Ending balance	$ 27.3	$ 27.7

Receivables - Narrative (Detail

Receivables - Narrative (Details) $ in Millions	Jun. 30, 2022 USD ($)
Receivables [Abstract]
Net long-term customer receivables	$ 68.4

Inventories (Details)

Inventories (Details) - USD ($) $ in Millions	Jun. 30, 2022	Dec. 31, 2021
Inventory Disclosure [Abstract]
Finished goods	$ 583.8	$ 559.2
Work in process	876.1	730.8
Raw materials, supplies and other	246.7	231.9
First-in, first-out inventory	1,706.6	1,521.9
Less: Excess of first-in, first-out cost over last-in, first-out cost	(116.2)	(116.2)
Net inventories	$ 1,590.4	$ 1,405.7

Property, Plant and Equipment_2

Property, Plant and Equipment (Details) - USD ($) $ in Millions	Jun. 30, 2022	Dec. 31, 2021
Property, Plant and Equipment [Abstract]
Property, plant and equipment	$ 1,353.8	$ 1,329.5
Accumulated depreciation	(556.4)	(512.5)
Property, plant and equipment, net	$ 797.4	$ 817

Restructuring and Other Charg_3

Restructuring and Other Charges (Income) - Summary (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Restructuring and Related Activities [Abstract]
Restructuring charges	$ 3.4	$ 10.5	$ 14.6	$ 16.8
Other charges (income), net	77.4	5.8	75.3	2.7
Total restructuring and other charges (income)	$ 80.8	$ 16.3	$ 89.9	$ 19.5

Restructuring and Other Charg_4

Restructuring and Other Charges (Income) - Restructuring Charges (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Restructuring Charges [Abstract]
Severance and Employee Benefits	$ 1.7	$ 6.1	$ 3.3	$ 9.6
Other Charges (Income)	1.7	4.3	3.1	6.1
Asset Disposal Charges (Income)	0	0.1	8.2	1.1
Total	3.4	10.5	14.6	16.8
DuPont Crop restructuring
Restructuring Charges [Abstract]
Severance and Employee Benefits	0	0	0	1.2
Other Charges (Income)	0.2	1.8	0.5	2.9
Asset Disposal Charges (Income)	0	(0.1)	0	0.9
Total	0.2	1.7	0.5	5
Regional Realignment
Restructuring Charges [Abstract]
Severance and Employee Benefits	1.4	4.5	3.4	4.5
Other Charges (Income)	1	2.5	1.5	3.2
Asset Disposal Charges (Income)	0	0.2	0	0.2
Total	2.4	7.2	4.9	7.9
Other items
Restructuring Charges [Abstract]
Severance and Employee Benefits	0.3	1.6	(0.1)	3.9
Other Charges (Income)	0.5	0	1.1	0
Asset Disposal Charges (Income)	0	0	8.2	0
Total	$ 0.8	$ 1.6	$ 9.2	$ 3.9

Restructuring and Other Charg_5

Restructuring and Other Charges (Income) - Rollforward of Restructuring Reserves (Details) $ in Millions	6 Months Ended
	Jun. 30, 2022 USD ($)
Restructuring Reserve [Roll Forward]
Restructuring reserve, beginning balance	$ 14.9
Changes in reserves	6.4
Cash payments	9.4
Other	(0.1)
Restructuring reserve, ending balance	11.8
Asset retirement obligation	3.2
DuPont Crop restructuring
Restructuring Reserve [Roll Forward]
Restructuring reserve, beginning balance	8.6
Changes in reserves	0.5
Cash payments	3.4
Other	(0.1)
Restructuring reserve, ending balance	5.6
Regional Realignment
Restructuring Reserve [Roll Forward]
Restructuring reserve, beginning balance	4
Changes in reserves	4.9
Cash payments	3.5
Other	0
Restructuring reserve, ending balance	5.4
Other workforce related and facility shutdowns
Restructuring Reserve [Roll Forward]
Restructuring reserve, beginning balance	2.3
Changes in reserves	1
Cash payments	2.5
Other	0
Restructuring reserve, ending balance	0.8
Additional Other Restructuring Activities
Restructuring Reserve [Roll Forward]
Cash payments	$ 4.2

Restructuring and Other Charg_6

Restructuring and Other Charges (Income) - Other Charges (Income), Net (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Restructuring and Related Activities [Abstract]
Environmental charges, net	$ 0.9	$ 3.7	$ (2.4)	$ (0.4)
Exit from Russian Operations	76.1	0	76.1	0
Other items, net	0.4	2.1	1.6	3.1
Other charges (income), net	$ 77.4	$ 5.8	$ 75.3	$ 2.7

Restructuring and Other Charg_7

Restructuring and Other Charges (Income) - Narrative (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Restructuring and Related Activities [Abstract]
Exit from Russian Operations	$ 76.1	$ 0	$ 76.1	$ 0
Cash lost in exit from Russia			$ 7

Debt - Maturing within One Year

Debt - Maturing within One Year (Details) - USD ($) $ in Millions	Jun. 30, 2022	Dec. 31, 2021
Short-term Debt [Line Items]
Total short-term debt	$ 1,065.9	$ 356.3
Current portion of long-term debt	89.2	84.5
Total short-term debt and current portion of long-term debt	1,155.1	440.8
Revolving Credit Facility | Line of Credit
Short-term Debt [Line Items]
Line of credit, maximum increase	2,750
Short-term foreign debt
Short-term Debt [Line Items]
Total short-term debt	$ 101.5	112.2
Average effective interest rate	15.60%
Commercial paper
Short-term Debt [Line Items]
Total short-term debt	$ 964.4	$ 244.1
Average effective interest rate	2.15%

Debt - Long-term (Details)

Debt - Long-term (Details) - USD ($) $ in Millions	Jun. 30, 2022	Jun. 17, 2022	Dec. 31, 2021
Debt Instrument [Line Items]
Debt issuance cost	$ (17.6)		$ (17.7)
Total long-term debt	2,820.9		2,816.2
Less: debt maturing within one year	89.2		84.5
Total long-term debt, less current portion	2,731.7		2,731.7
Revolving Credit Facility | Line of Credit
Debt Instrument [Line Items]
Long-term debt, gross	0		0
Debt issuance cost		$ (1.5)
Letters of credit outstanding amount	160
Pollution Control and Industrial Revenue Bonds
Debt Instrument [Line Items]
Unamortized discount	0.1		0.1
Long-term debt, gross	$ 49.9		49.9
Pollution Control and Industrial Revenue Bonds | Minimum
Debt Instrument [Line Items]
Interest Rate Percentage	6.45%
Senior Notes
Debt Instrument [Line Items]
Unamortized discount	$ 0.6		0.7
Long-term debt, gross	$ 1,899.4		1,899.3
Senior Notes | Minimum
Debt Instrument [Line Items]
Interest Rate Percentage	3.20%
Senior Notes | Maximum
Debt Instrument [Line Items]
Interest Rate Percentage	4.50%
2021 Term Loan Facility
Debt Instrument [Line Items]
Interest Rate Percentage	2.60%
Long-term debt, gross	$ 800		800
Revolving Credit Facility | Line of Credit
Debt Instrument [Line Items]
Interest Rate Percentage	4.30%
Foreign debt
Debt Instrument [Line Items]
Long-term debt, gross	$ 89.2		$ 84.7
Foreign debt | Minimum
Debt Instrument [Line Items]
Interest Rate Percentage	0%
Foreign debt | Maximum
Debt Instrument [Line Items]
Interest Rate Percentage	15.30%
Revolving Credit Facility
Debt Instrument [Line Items]
Credit agreement, available funds	$ 875.6

Debt - Narrative (Details)

Debt - Narrative (Details)	6 Months Ended	12 Months Ended
	Jun. 30, 2022 USD ($)	Dec. 31, 2021 USD ($)	Jun. 17, 2022 USD ($)	Jun. 16, 2022 USD ($)
Debt Instrument [Line Items]
Debt issuance cost	$ 17,600,000	$ 17,700,000
Revolving Credit Facility And Term Loan Facility 2017
Debt Instrument [Line Items]
Covenant compliance, actual leverage ratio	2.87
Credit Agreement, covenant terms, maximum leverage ratio	3.50
Maximum leverage ratio		3.50
Covenant compliance, actual interest coverage ratio	10.27
Minimum interest coverage	3.50
Line of Credit | Revolving Credit Facility
Debt Instrument [Line Items]
Line of credit facility			$ 2,000,000,000	$ 1,500,000,000
Debt issuance cost			$ 1,500,000

Discontinued Operations - Compo

Discontinued Operations - Components of Discontinued Operations (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Discontinued operations, net of income taxes	$ (10.8)	$ (14.6)	$ (26)	$ (22.7)
Adjustment for workers' compensation, product liability, and other postretirement benefits and other, tax	(1.5)	(1.1)	(1.7)	(2.1)
Provision for environmental liabilities, net of recoveries, tax	0.3	0.8	(0.9)	(1.6)
Provision for legal reserves and expenses, net of recoveries, tax	1.9	2.7	(5.3)	(3.8)
Adjustment for workers’ compensation, product liability, and other postretirement benefits and other, net of income tax benefit (expense)
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Discontinued operations, net of income taxes	(3.1)	(1)	(3.5)	(2.6)
Provision for environmental liabilities, net of recoveries, net of income tax benefit (expense)
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Discontinued operations, net of income taxes	(0.6)	(3.4)	(2.7)	(5.7)
Provision for legal reserves and expenses, net of recoveries, net of income tax benefit (expense)
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Discontinued operations, net of income taxes	$ (7.1)	$ (10.2)	$ (19.8)	$ (14.4)

Environmental Obligations - Env

Environmental Obligations - Environmental Reserve Rollforward and Recoveries and Reserves (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021
Accrual for Environmental Loss Contingencies [Roll Forward]
Environmental reserves, long-term	$ 373.4		$ 373.4		$ 415.9
Recorded Recoveries [Roll Forward]
Environmental charges, net	0.9	$ 3.7	(2.4)	$ (0.4)
Environmental provision, net	1.8	7.9	1.2	6.9
Continuing Operations
Recorded Recoveries [Roll Forward]
Environmental charges, net	0.9	3.7	(2.4)	(0.4)
Discontinued Operations
Recorded Recoveries [Roll Forward]
Environmental charges, net	0.9	4.2	3.6	7.3
Other Assets Including Long-term Receivables, Net
Recorded Recoveries [Roll Forward]
Environmental recoveries, beginning			4.5
Increase (Decrease) in recoveries			1.9
Cash received			(0.3)
Environmental recoveries, ending	6.1		6.1
Other Liabilities
Recorded Recoveries [Roll Forward]
Environmental remediation provision, net	3.7	8.4	3.1	7.5
Other Assets
Recorded Recoveries [Roll Forward]
Environmental remediation provision, net	(1.9)	$ (0.5)	(1.9)	$ (0.6)
Gross
Accrual for Environmental Loss Contingencies [Roll Forward]
Total environmental reserves at December 31, 2021			514.6
Provision (Benefit)			3.7
(Spending) Recoveries			(25.8)
Foreign currency translation adjustments			(6)
Net change			(28.1)
Total environmental reserves at June 30, 2022	486.5		486.5
Environmental reserves, current	102.2		102.2
Environmental reserves, long-term	384.3		384.3
Total environmental reserves at June 30, 2022	486.5		486.5		514.6
Recoveries
Accrual for Environmental Loss Contingencies [Roll Forward]
Total environmental reserves at December 31, 2021			11.4
Provision (Benefit)			(0.6)
(Spending) Recoveries			0
Foreign currency translation adjustments			0
Net change			(0.6)
Total environmental reserves at June 30, 2022	12		12
Environmental reserves, current	1.1		1.1
Environmental reserves, long-term	10.9		10.9
Total environmental reserves at June 30, 2022	12		12		11.4
Net
Accrual for Environmental Loss Contingencies [Roll Forward]
Total environmental reserves at December 31, 2021			503.2
Provision (Benefit)			3.1
(Spending) Recoveries			(25.8)
Foreign currency translation adjustments			(6)
Net change			(28.7)
Total environmental reserves at June 30, 2022	474.5		474.5
Environmental reserves, current	101.1		101.1
Environmental reserves, long-term	373.4		373.4
Total environmental reserves at June 30, 2022	$ 474.5		$ 474.5		$ 503.2

Environmental Obligations - Nar

Environmental Obligations - Narrative (Details) $ in Millions	6 Months Ended
	Jun. 30, 2022 USD ($)
Environmental Remediation Obligations [Abstract]
Environmental loss contingencies, net of expected recoveries, in excess of accrual	$ 160

Earnings Per Share (Details)

Earnings Per Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Earnings Per Share [Abstract]
Antidilutive shares excluded from diluted EPS (in shares)	400	200	400	200
Earnings (loss) attributable to FMC stockholders:
Continuing operations, net of income taxes	$ 145	$ 217.5	$ 367.6	$ 408.2
Discontinued operations, net of income taxes	(10.8)	(14.6)	(26)	(22.7)
Net income (loss) attributable to FMC stockholders	134.2	202.9	341.6	385.5
Less: Distributed and undistributed earnings allocable to restricted award holders	(0.3)	(0.5)	(0.6)	(0.9)
Net income (loss) allocable to common stockholders	$ 133.9	$ 202.4	$ 341	$ 384.6
Basic earnings (loss) per common share attributable to FMC stockholders:
Continuing operations (in USD per share)	$ 1.15	$ 1.68	$ 2.91	$ 3.15
Discontinued operations (in USD per share)	(0.09)	(0.11)	(0.21)	(0.18)
Net income (loss) attributable to FMC stockholders (in USD per share)	1.06	1.57	2.70	2.97
Diluted earnings (loss) per common share attributable to FMC stockholders:
Continuing operations (in USD per share)	1.15	1.67	2.90	3.14
Discontinued operations (in USD per share)	(0.09)	(0.11)	(0.21)	(0.17)
Net income (loss) attributable to FMC stockholders (in USD per share)	$ 1.06	$ 1.56	$ 2.69	$ 2.97
Shares (in thousands):
Weighted average number of shares of common stock outstanding - Basic (in shares)	126,204	129,090	126,127	129,319
Weighted average additional shares assuming conversion of potential common shares (in shares)	742	801	754	813
Shares – diluted basis (in shares)	126,946	129,891	126,881	130,132

Equity - Schedule of Accumulate

Equity - Schedule of Accumulated Other Comprehensive Loss (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance	$ 3,082.2	$ 3,031.3	$ 3,051.9	$ 2,984.2
Other comprehensive income (loss), net of tax	(26.1)	(21.3)	(146)	(22.2)
Ending balance	3,127.3	3,134.1	3,127.3	3,134.1
Total
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance	(435.6)	(282.8)	(315.7)	(282.2)
Other comprehensive income (loss) before reclassifications			(164.1)	(42.2)
Amounts reclassified from accumulated other comprehensive income (loss)			19.4	19.9
Other comprehensive income (loss), net of tax			(144.7)	(22.3)
Ending balance	(460.4)	(304.5)	(460.4)	(304.5)
Foreign currency adjustments
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance			(62.5)	24
Other comprehensive income (loss) before reclassifications			(119.6)	(34.6)
Amounts reclassified from accumulated other comprehensive income (loss)			4.2	0
Other comprehensive income (loss), net of tax			(115.4)	(34.6)
Ending balance	(177.9)	(10.6)	(177.9)	(10.6)
Derivative instruments
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance			(22.2)	(71.8)
Other comprehensive income (loss) before reclassifications			(44.5)	(7.5)
Amounts reclassified from accumulated other comprehensive income (loss)			8.4	11.2
Other comprehensive income (loss), net of tax			(36.1)	3.7
Ending balance	(58.3)	(68.1)	(58.3)	(68.1)
Pension and other postretirement benefits
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance			(231)	(234.4)
Other comprehensive income (loss) before reclassifications			0	(0.1)
Amounts reclassified from accumulated other comprehensive income (loss)			6.8	8.7
Other comprehensive income (loss), net of tax			6.8	8.6
Ending balance	$ (224.2)	$ (225.8)	$ (224.2)	$ (225.8)

Equity - Reclassification Out o

Equity - Reclassification Out of Accumulated Other Comprehensive Income (Details) - USD ($) $ in Millions	3 Months Ended				6 Months Ended
	Jun. 30, 2022	Mar. 31, 2022	Jun. 30, 2021	Mar. 31, 2021	Jun. 30, 2022	Jun. 30, 2021
Foreign currency translation adjustments:
Restructuring and other charges (income)	$ 80.8		$ 16.3		$ 89.9	$ 19.5
Derivative instruments
Costs of sales and services	861.3		710.2		1,639.4	1,393.4
Selling, general and administrative expenses	194.8		161		383.3	335.5
Interest expense, net	(35.3)		(32.6)		(65.2)	(65)
Total before tax	196.7		251.2		465.8	474.7
Provision (benefit) for income taxes	54.7		33.4		97	65.6
Pension and other postretirement benefits
Selling, general and administrative expenses	194.8		161		383.3	335.5
Net income (loss)	131.2	$ 211.6	203.2	$ 183.2	342.8	386.4
Amounts Reclassified from Accumulated Other Comprehensive Income (Loss)
Pension and other postretirement benefits
Net income (loss)	(15.2)		(11.4)		(19.4)	(19.9)
Amounts Reclassified from Accumulated Other Comprehensive Income (Loss) | Derivative instruments
Derivative instruments
Total before tax	(11.5)		(9.3)		(13.6)	(14.2)
Provision (benefit) for income taxes	(3.7)		(2.2)		5.2	3
Pension and other postretirement benefits
Net income (loss)	(7.8)		(7.1)		(8.4)	(11.2)
Amounts Reclassified from Accumulated Other Comprehensive Income (Loss) | Pension and other postretirement benefits
Derivative instruments
Total before tax	(4)		(5.5)		(8.6)	(11)
Provision (benefit) for income taxes	(0.8)		(1.2)		1.8	2.3
Pension and other postretirement benefits
Net income (loss)	(3.2)		(4.3)		(6.8)	(8.7)
Amounts Reclassified from Accumulated Other Comprehensive Income (Loss) | Amortization of prior service costs
Derivative instruments
Selling, general and administrative expenses	0		0		0	(0.1)
Pension and other postretirement benefits
Selling, general and administrative expenses	0		0		0	(0.1)
Amounts Reclassified from Accumulated Other Comprehensive Income (Loss) | Amortization of unrecognized net actuarial and other gains (losses)
Derivative instruments
Selling, general and administrative expenses	(4)		(5.5)		(8.2)	(10.9)
Pension and other postretirement benefits
Selling, general and administrative expenses	(4)		(5.5)		(8.2)	(10.9)
Amounts Reclassified from Accumulated Other Comprehensive Income (Loss) | Recognized loss due to curtailment and settlement
Derivative instruments
Selling, general and administrative expenses	0		0		(0.4)	0
Pension and other postretirement benefits
Selling, general and administrative expenses	0		0		(0.4)	0
Amounts Reclassified from Accumulated Other Comprehensive Income (Loss) | Foreign currency adjustments
Foreign currency translation adjustments:
Restructuring and other charges (income)	(4.2)		0		(4.2)	0
Amounts Reclassified from Accumulated Other Comprehensive Income (Loss) | Gain (loss) on foreign currency contracts | Derivative instruments
Derivative instruments
Costs of sales and services	(13.5)		(7.6)		(15.1)	(12.4)
Selling, general and administrative expenses	3		0.2		3.5	0.3
Pension and other postretirement benefits
Selling, general and administrative expenses	3		0.2		3.5	0.3
Amounts Reclassified from Accumulated Other Comprehensive Income (Loss) | Interest rate contracts
Derivative instruments
Interest expense, net	$ (1)		$ (1.9)
Amounts Reclassified from Accumulated Other Comprehensive Income (Loss) | Interest rate contracts | Derivative instruments
Derivative instruments
Interest expense, net					$ (2)	$ (2.1)

Equity - Additional Information

Equity - Additional Information (Details) - USD ($) $ in Millions		6 Months Ended
	Apr. 21, 2022	Jun. 30, 2022		Jun. 30, 2021	[1]	Feb. 28, 2022
Equity [Abstract]
Dividend paid	$ 66.9	$ 133.7	[1]	$ 124.3
Number of shares authorized to be repurchased (in shares)						1,000,000,000
Shares repurchased under repurchase program (in shares)		0
Stock repurchase program, remaining authorized repurchase amount		$ 1,000
[1]See Note 14 regarding the quarterly cash dividend.

Pensions and Other Postretire_3

Pensions and Other Postretirement Benefits (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Pensions
Components of net annual benefit cost (income):
Service cost	$ 1.2	$ 1.3	$ 2.3	$ 2.6
Interest cost	7.2	6.1	14.5	12.2
Expected return on plan assets	(7.7)	(7)	(15.5)	(14.1)
Amortization of prior service cost (credit)	0.1	0	0.1	0.1
Recognized net actuarial and other (gain) loss	4.5	5.9	9	11.8
Recognized loss due to settlement	0	0	0.4	0
Net periodic benefit cost (income)	5.3	6.3	10.8	12.6
Other Benefits
Components of net annual benefit cost (income):
Service cost	0	0	0	0
Interest cost	0.1	0	0.2	0.1
Expected return on plan assets	0	0	0	0
Amortization of prior service cost (credit)	0	0	0	0
Recognized net actuarial and other (gain) loss	(0.2)	(0.2)	(0.4)	(0.4)
Recognized loss due to settlement	0	0	0	0
Net periodic benefit cost (income)	$ (0.1)	$ (0.2)	$ (0.2)	$ (0.3)

Income Taxes (Details)

Income Taxes (Details)	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Income Tax Disclosure [Abstract]
Effective tax rate (percent)	27.80%	13.80%	20.80%	13.30%

Financial Instruments, Risk M_3

Financial Instruments, Risk Management and Fair Value Measurements - Narrative (Details) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022 USD ($) MMBTU	Jun. 30, 2021 USD ($)	Jun. 30, 2022 USD ($) MMBTU	Jun. 30, 2021 USD ($)	Dec. 31, 2021 USD ($)
Derivative [Line Items]
Estimated fair value of debt	$ 3,797.5		$ 3,797.5		$ 3,409.8
Carrying value of debt	3,886.8		3,886.8		$ 3,172.5
Loss on settlement	2.1	$ 2	2.6	$ (2)
Designated as Cash Flow Hedges | Foreign exchange contracts
Derivative [Line Items]
Derivative, notional amount	$ 1,808.2		$ 1,808.2
Designated as Cash Flow Hedges | Energy contracts
Derivative [Line Items]
Nonmonetary notional amount of price risk cash flow hedge (in mmBTUs) | MMBTU	0		0
Designated as Cash Flow Hedges | Foreign Currency and Energy Contracts
Derivative [Line Items]
Net gains (losses) on cash flow hedges	$ (14.6)		$ (14.6)
Not Designated as Hedging Instruments | Foreign exchange contracts
Derivative [Line Items]
Derivative, notional amount	3,373.3		3,373.3
Cash Flow Hedging | Designated as Cash Flow Hedges
Derivative [Line Items]
Net gains (losses) on cash flow hedges	14		14
Cash Flow Hedging | Designated as Cash Flow Hedges | Foreign exchange contracts
Derivative [Line Items]
Net gains (losses) on cash flow hedges	(15.1)		(15.1)
Cash Flow Hedging | Designated as Cash Flow Hedges | Interest rate contracts
Derivative [Line Items]
Derivative, notional amount	$ 200		$ 200

Financial Instruments, Risk M_4

Financial Instruments, Risk Management and Fair Value Measurements - Fair Value of Derivatives by Balance Sheet Location (Details) - USD ($) $ in Millions	Jun. 30, 2022	Dec. 31, 2021
Derivative Asset [Abstract]
Total Gross Amounts	$ 69.1	$ 45.3
Gross amounts offset in the condensed consolidated balance sheet	(29.9)	(21.9)
Net Amounts	39.2	23.4
Derivative Liability [Abstract]
Derivative Liabilities	(55.3)	(25.9)
Gross amounts offset in the condensed consolidated balance sheet	29.9	21.9
Net Amounts	(25.4)	(4)
Net derivative assets (liabilities)	13.8	19.4
Net amounts of derivative assets (liabilities)	13.8	19.4
Foreign exchange contracts
Derivative Asset [Abstract]
Total Gross Amounts	51.4	41.6
Gross amounts offset in the condensed consolidated balance sheet	(29.9)	(21.9)
Net Amounts	21.5	19.7
Derivative Liability [Abstract]
Derivative Liabilities	(55.3)	(25.9)
Gross amounts offset in the condensed consolidated balance sheet	29.9	21.9
Net Amounts	(25.4)	(4)
Interest rate contracts
Derivative Asset [Abstract]
Total Gross Amounts	17.7	3.7
Gross amounts offset in the condensed consolidated balance sheet	0	0
Net Amounts	17.7	3.7
Designated as Cash Flow Hedges
Derivative Asset [Abstract]
Total Gross Amounts	54.2	39.6
Derivative Liability [Abstract]
Derivative Liabilities	(52.6)	(16.2)
Net derivative assets (liabilities)	1.6	23.4
Designated as Cash Flow Hedges | Foreign exchange contracts
Derivative Asset [Abstract]
Total Gross Amounts	36.5	35.9
Derivative Liability [Abstract]
Derivative Liabilities	(52.6)	(16.2)
Designated as Cash Flow Hedges | Interest rate contracts
Derivative Asset [Abstract]
Total Gross Amounts	17.7	3.7
Not Designated as Hedging Instruments
Derivative Asset [Abstract]
Total Gross Amounts	14.9	5.7
Derivative Liability [Abstract]
Derivative Liabilities	(2.7)	(9.7)
Net derivative assets (liabilities)	12.2	(4)
Not Designated as Hedging Instruments | Foreign exchange contracts
Derivative Asset [Abstract]
Total Gross Amounts	14.9	5.7
Derivative Liability [Abstract]
Derivative Liabilities	(2.7)	(9.7)
Not Designated as Hedging Instruments | Interest rate contracts
Derivative Asset [Abstract]
Total Gross Amounts	$ 0	$ 0

Financial Instruments, Risk M_5

Financial Instruments, Risk Management and Fair Value Measurements - Derivatives Gain (Loss) (Details) - USD ($) $ in Millions		3 Months Ended		6 Months Ended
		Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Derivatives Designated as Hedging Instruments
Unrealized hedging gains (losses) and other, net of tax		$ 40.2	$ (48)	$ (44.5)	$ (7.5)
Reclassification of deferred hedging (gains) losses, net of tax	[1]	7.8	7.1	8.4	11.2
Total derivative instrument impact on comprehensive income, net of tax		48	(40.9)	(36.1)	3.7
Designated as Cash Flow Hedges
Derivatives Designated as Hedging Instruments
Unrealized hedging gains (losses) and other, net of tax		40.2	(48)	(44.5)	(7.5)
Reclassification of deferred hedging (gains) losses, net of tax		7.8	7.1	8.4	11.2
Total derivative instrument impact on comprehensive income, net of tax		48	(40.9)	(36.1)	3.7
Designated as Cash Flow Hedges | Foreign exchange contracts
Derivatives Designated as Hedging Instruments
Unrealized hedging gains (losses) and other, net of tax		34.1	(44.1)	(55.5)	(10.6)
Reclassification of deferred hedging (gains) losses, net of tax		7	5.5	6.8	9.4
Total derivative instrument impact on comprehensive income, net of tax		41.1	(38.6)	(48.7)	(1.2)
Designated as Cash Flow Hedges | Interest rate contracts
Derivatives Designated as Hedging Instruments
Unrealized hedging gains (losses) and other, net of tax		6.1	(3.9)	11	3.1
Reclassification of deferred hedging (gains) losses, net of tax		0.8	1.6	1.6	1.8
Total derivative instrument impact on comprehensive income, net of tax		6.9	(2.3)	12.6	4.9
Not Designated as Hedging Instruments
Derivatives Not Designated as Hedging Instruments
Amount of pre-tax gain or (loss) recognized in income on derivatives		(19)	(15)	(35.2)	(27.7)
Not Designated as Hedging Instruments | Foreign exchange contracts | Cost of sales and services
Derivatives Not Designated as Hedging Instruments
Amount of pre-tax gain or (loss) recognized in income on derivatives		$ (19)	$ (15)	$ (35.2)	$ (27.7)
[1]For more detail on the components of these reclassifications and the affected line item in the condensed consolidated statements of income (loss) see Note 14.

Financial Instruments, Risk M_6

Financial Instruments, Risk Management and Fair Value Measurements - Recurring Fair Value Measurements (Details) - USD ($) $ in Millions	Jun. 30, 2022	Dec. 31, 2021
Assets
Derivatives Assets	$ 69.1	$ 45.3
Liabilities
Derivative Liabilities	55.3	25.9
Foreign exchange contracts
Assets
Derivatives Assets	51.4	41.6
Liabilities
Derivative Liabilities	55.3	25.9
Interest rate contracts
Assets
Derivatives Assets	17.7	3.7
Fair Value, Measurements, Recurring
Assets
Other	18	21.1
Total assets	57.2	44.5
Liabilities
Other	22.9	26.2
Total liabilities	48.3	30.2
Fair Value, Measurements, Recurring | Foreign exchange contracts
Assets
Derivatives Assets	21.5	19.7
Liabilities
Derivative Liabilities	25.4	4
Fair Value, Measurements, Recurring | Interest rate contracts
Assets
Derivatives Assets	17.7	3.7
Liabilities
Derivative Liabilities	0	0
Fair Value, Measurements, Recurring | Quoted Prices in Active Markets for Identical Assets (Level 1)
Assets
Other	18	21.1
Total assets	18	21.1
Liabilities
Other	22.9	26.2
Total liabilities	22.9	26.2
Fair Value, Measurements, Recurring | Quoted Prices in Active Markets for Identical Assets (Level 1) | Foreign exchange contracts
Assets
Derivatives Assets	0	0
Liabilities
Derivative Liabilities	0	0
Fair Value, Measurements, Recurring | Quoted Prices in Active Markets for Identical Assets (Level 1) | Interest rate contracts
Assets
Derivatives Assets	0	0
Liabilities
Derivative Liabilities	0	0
Fair Value, Measurements, Recurring | Significant Other Observable Inputs (Level 2)
Assets
Other	0	0
Total assets	39.2	23.4
Liabilities
Other	0	0
Total liabilities	25.4	4
Fair Value, Measurements, Recurring | Significant Other Observable Inputs (Level 2) | Foreign exchange contracts
Assets
Derivatives Assets	21.5	19.7
Liabilities
Derivative Liabilities	25.4	4
Fair Value, Measurements, Recurring | Significant Other Observable Inputs (Level 2) | Interest rate contracts
Assets
Derivatives Assets	17.7	3.7
Liabilities
Derivative Liabilities	0	0
Fair Value, Measurements, Recurring | Significant Unobservable Inputs (Level 3)
Assets
Other	0	0
Total assets	0	0
Liabilities
Other	0	0
Total liabilities	0	0
Fair Value, Measurements, Recurring | Significant Unobservable Inputs (Level 3) | Foreign exchange contracts
Assets
Derivatives Assets	0	0
Liabilities
Derivative Liabilities	0	0
Fair Value, Measurements, Recurring | Significant Unobservable Inputs (Level 3) | Interest rate contracts
Assets
Derivatives Assets	0	0
Liabilities
Derivative Liabilities	$ 0	$ 0

Guarantees, Commitments, and _3

Guarantees, Commitments, and Contingencies (Details) $ in Millions	6 Months Ended
	Jun. 30, 2022 USD ($)
Guarantor Obligations [Line Items]
Guarantees	$ 206.1
Guarantees of vendor financing - short-term
Guarantor Obligations [Line Items]
Guarantees	204.9
Other debt guarantees
Guarantor Obligations [Line Items]
Guarantees	$ 1.2
Guarantee, term	1 year