Chairman's - FMC Corporation

FMC CORPORATION
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS—(Continued)
The table below is a rollforward of our total environmental reserves, continuing and discontinued from
December 31, 2006 to December 31, 2009.
Operating
and
Discontinued
Sites Total
(in Millions)
Total environmental reserves, net of recoveries at December 31, 2006 ..................... $167.2
2007
Provision ........................................................................ 33.3
Spending, net of recoveries .......................................................... (30.7)
Net Change ...................................................................... 2.6
Total environmental reserves, net of recoveries at December 31, 2007 ..................... 169.8
Environmental reserves, current, net of recoveries (1) ..................................... $ 9.7
Environmental reserves, long-term continuing and discontinued, net of recoveries .............. 160.1
Total environmental reserves, net of recoveries at December 31, 2007 ..................... $169.8
2008
Provision ........................................................................ 48.7
Spending, net of recoveries .......................................................... (45.8)
Net Change ...................................................................... 2.9
Total environmental reserves, net of recoveries at December 31, 2008 ..................... $172.7
Environmental reserves, current, net of recoveries (1) ..................................... $ 13.9
Environmental reserves, long-term continuing and discontinued, net of recoveries .............. 158.8
Total environmental reserves, net of recoveries at December 31, 2008 ..................... $172.7
2009
Provision ........................................................................ 47.5
Spending, net of recoveries .......................................................... (36.1)
Net Change ...................................................................... 11.4
Total environmental reserves, net of recoveries at December 31, 2009 ..................... $184.1
Environmental reserves, current, net of recoveries (1) ..................................... $ 17.1
Environmental reserves, long-term continuing and discontinued, net of recoveries .............. 167.0
Total environmental reserves, net of recoveries at December 31, 2009 ..................... $184.1
(1) “Current” includes only those reserves related to continuing operations.
Our total environmental reserves, before recoveries, include $186.8 million and $179.6 million for
remediation activities and $17.4 million and $14.6 million for RI/FS costs at December 31, 2009 and 2008,
respectively. For the years 2009, 2008 and 2007, we charged $33.1 million, $39.5 million and $31.2 million,
respectively, against established reserves for remediation spending, and $7.5 million, $10.1 million and $5.6
million, respectively, against reserves for spending on RI/FS. We anticipate that the remediation and RI/FS
expenditures for current operating, previously operated and other sites will continue to be significant for the
foreseeable future.
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