XML 46 R35.htm IDEA: XBRL DOCUMENT
v3.21.2

Financing Agreements (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2021
Debt Disclosure [Abstract] |
Components of long-term debt | Long-term debt presented on our consolidated balance sheets as of September 30, 2021 and December 31, 2020 consisted of the following debt securities issued by CF Industries:
| Effective Interest Rate |  | September 30, 2021 |  | December 31, 2020
|  | Principal |  | Carrying Amount(1) |  | Principal |  | Carrying Amount(1)
|  |  | (in millions)
Public Senior Notes: |  |  |  |  |  |  |  |  |
3.450% due June 2023 | 3.562% |  | $ | 500 |  |  | $ | 499 |  |  | $ | 750 |  |  | $ | 748 |
5.150% due March 2034 | 5.279% |  | 750 |  |  | 741 |  |  | 750 |  |  | 741 |
4.950% due June 2043 | 5.031% |  | 750 |  |  | 742 |  |  | 750 |  |  | 742 |
5.375% due March 2044 | 5.465% |  | 750 |  |  | 742 |  |  | 750 |  |  | 741 |
Senior Secured Notes: |  |  |  |  |  |  |  |  |
3.400% due December 2021 | 3.782% |  | — |  |  | — |  |  | 250 |  |  | 249 |
4.500% due December 2026(2) | 4.759% |  | 750 |  |  | 741 |  |  | 750 |  |  | 740 |
Total long-term debt |  |  | $ | 3,500 |  |  | $ | 3,465 |  |  | $ | 4,000 |  |  | $ | 3,961 |
Less: Current maturities of long-term debt |  |  | — |  |  | — |  |  | 250 |  |  | 249 |
Long-term debt, net of current maturities |  |  | $ | 3,500 |  |  | $ | 3,465 |  |  | $ | 3,750 |  |  | $ | 3,712 |
_______________________________________________________________________________ (1)Carrying amount is net of unamortized debt discount and deferred debt issuance costs. Total unamortized debt discount was $8 million and $9 million as of September 30, 2021 and December 31, 2020, respectively, and total deferred debt issuance costs were $27 million and $30 million as of September 30, 2021 and December 31, 2020, respectively. (2)Effective August 23, 2021, these notes are no longer secured, in accordance with the terms of the applicable indenture.

X
- References No definition available. + Details
Name: | us-gaap_DebtDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation. + References No definition available. + Details
Name: | us-gaap_ScheduleOfDebtTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration