PART II  ITEM 8 Financial Statements and Supplementary Data Consolidated Balance Sheets 36 FMC CORPORATION    2010 Form 10K (in Millions, Except Share and Par Value Data) December 31, 2010 2009 ASSETS Current assets Cash and cash equivalents $161.5 $76.6 Trade receivables, net of allowance of $21.7 in 2010 and $18.2 in 2009 852.9 749.6 Inventories 347.8 350.5 Prepaid and other current assets 175.3 138.0 Deferred income taxes 108.7 173.0 Total current assets 1,646.2 1,487.7 Investments 22.4 22.4 Property, plant and equipment, net 918.5 964.5 Goodwill 194.4 209.5 Other assets 223.7 211.4 Deferred income taxes 314.7 240.7 TOTAL ASSETS $3,319.9 $3,136.2 LIABILITIES AND EQUITY Current liabilities Short-term debt $18.5 $33.4 Current portion of long-term debt 116.4 22.5 Accounts payable, trade and other 389.3 290.5 Accrued and other liabilities 223.0 180.8 Accrued payroll 66.3 52.2 Accrued customer rebates 100.9 67.3 Guarantees of vendor fi nancing 24.1 49.5 Accrued pension and other postretirement benefi ts, current 9.5 9.4 Income taxes 15.4 3.6 Total current liabilities 963.4 709.2 Long-term debt, less current portion 503.0 588.0 Accrued pension and other postretirement benefi ts, long-term 307.5 364.8 Environmental liabilities, continuing and discontinued 209.9 167.0 Reserve for discontinued operations 38.6 41.7 Other long-term liabilities 108.3 132.4 Commitments and contingent liabilities (Note 18) Equity Preferred stock, no par value, authorized 5,000,000 shares; no shares issued or outstanding  in 2010 and 2009 — — Common stock, $0.10 par value, authorized 130,000,000 shares in 2010 and 2009 92,991,896  issued in 2010 and 2009 9.3 9.3 Capital in excess of par value of common stock 443.6 388.6 Retained earnings 1,853.0 1,716.9 Accumulated other comprehensive income (loss) (311.7) (279.2) Treasury stock, common, at cost; 21,506,052 shares in 2010 and 20,473,016 shares in 2009 (862.7) (759.2) Total FMC stockholders’ equity 1,131.5 1,076.4 Noncontrolling interests 57.7 56.7 Total equity 1,189.2 1,133.1 TOTAL LIABILITIES AND EQUITY $3,319.9 $3,136.2 The accompanying notes are an integral part of these consolidated financial statements.