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Stockholders' Equity | 12 Months Ended
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Dec. 31, 2021
Stockholders' Equity Note [Abstract] |
Stockholders' Equity | Stockholders’ Equity Common Stock Our Board of Directors (the Board) has authorized certain programs to repurchase shares of our common stock. These programs have generally permitted repurchases to be made from time to time in the open market, through privately-negotiated transactions, through block transactions or otherwise. Our management has determined the manner, timing and amount of repurchases under these programs based on the evaluation of market conditions, stock price and other factors. On February 13, 2019, the Board authorized the repurchase of up to $1 billion of CF Holdings common stock through December 31, 2021 (the 2019 Share Repurchase Program). The following table summarizes the share repurchases under the 2019 Share Repurchase Program.
| Shares |  | Amounts
| (in millions)
Shares repurchased in 2019 | 7.6 |  |  | $ | 337 |
Shares repurchased in 2020 | 2.6 |  |  | 100 |
Shares repurchased in 2021 | 8.6 |  |  | 540 |
Total shares repurchased under the 2019 Share Repurchase Program | 18.8 |  |  | $ | 977 |
The shares we repurchase are held as treasury stock. If the Board authorizes us to retire the shares, they are returned to the status of authorized but unissued shares. As part of the retirements, we reduce our treasury stock, paid-in capital and retained earnings balances. In 2020, we retired 2.8 million shares of repurchased stock, including shares repurchased under the 2019 Share Repurchase Program. As of December 31, 2020, we held 102,843 shares of treasury stock. In 2021, we retired 8.9 million shares of repurchased stock, including shares repurchased under the 2019 Share Repurchase Program. As of December 31, 2021, we held 27,962 shares of treasury stock. On November 3, 2021, the Board authorized the repurchase of up to $1.5 billion of CF Holdings common stock from January 1, 2022 through December 31, 2024 (the 2021 Share Repurchase Program). Changes in common shares outstanding are as follows:
| Year ended December 31,
| 2021 |  | 2020 |  | 2019
Beginning balance | 213,954,858 |  |  | 216,023,826 |  |  | 222,818,495 |
Exercise of stock options | 1,806,940 |  |  | 321,465 |  |  | 629,186 |
Issuance of restricted stock(1) | 643,882 |  |  | 552,362 |  |  | 267,165 |
Purchase of treasury shares(2) | (8,829,702) |  |  | (2,942,795) |  |  | (7,691,020) |
Ending balance | 207,575,978 |  |  | 213,954,858 |  |  | 216,023,826 |
_______________________________________________________________________________ (1)Includes shares issued from treasury. (2)Includes shares withheld to pay employee tax obligations upon the vesting of restricted stock or the exercise of stock options. Preferred Stock CF Holdings is authorized to issue 50 million shares of $0.01 par value preferred stock. Our Second Amended and Restated Certificate of Incorporation, as amended, authorizes the Board, without any further stockholder action or approval, to issue these shares in one or more classes or series, and (except in the case of our Series A Junior Participating Preferred Stock, 500,000 shares of which are authorized and the terms of which were specified in the original certificate of incorporation of CF Holdings) to fix the rights, preferences and privileges of the shares of each wholly unissued class or series and any of its qualifications, limitations or restrictions. The Series A Junior Participating Preferred Stock had been established in CF Holdings’ original certificate of incorporation in connection with our former stockholder rights plan that expired in 2015. No shares of preferred stock have been issued. Accumulated Other Comprehensive Loss Changes to accumulated other comprehensive loss and the impact on other comprehensive income (loss) are as follows:
| Foreign Currency Translation Adjustment |  |  |  | Unrealized Gain (Loss) on Derivatives |  | Defined Benefit Plans |  | Accumulated Other Comprehensive Loss
| (in millions)
Balance as of December 31, 2018 | $ | (250) |  |  |  |  | $ | 5 |  |  | $ | (126) |  |  | $ | (371) |
Loss arising during the period | — |  |  |  |  | — |  |  | (62) |  |  | (62) |
Reclassification to earnings(1) | — |  |  |  |  | — |  |  | (2) |  |  | (2) |
Effect of exchange rate changes and deferred taxes | 62 |  |  |  |  | — |  |  | 7 |  |  | 69 |
Balance as of December 31, 2019 | (188) |  |  |  |  | 5 |  |  | (183) |  |  | (366) |
Gain arising during the period | — |  |  |  |  | — |  |  | 1 |  |  | 1 |
Reclassification to earnings(1) | — |  |  |  |  | (1) |  |  | 6 |  |  | 5 |
Effect of exchange rate changes and deferred taxes | 44 |  |  |  |  | — |  |  | (4) |  |  | 40 |
Balance as of December 31, 2020 | (144) |  |  |  |  | 4 |  |  | (180) |  |  | (320) |
Gain arising during the period | — |  |  |  |  | — |  |  | 67 |  |  | 67 |
Reclassification to earnings(1) | — |  |  |  |  | — |  |  | 12 |  |  | 12 |
Effect of exchange rate changes and deferred taxes | 3 |  |  |  |  | — |  |  | (19) |  |  | (16) |
Balance as of December 31, 2021 | $ | (141) |  |  |  |  | $ | 4 |  |  | $ | (120) |  |  | $ | (257) |
_______________________________________________________________________________ (1) Reclassifications out of accumulated other comprehensive loss to the consolidated statements of operations were not material.

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- Definition The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 13 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=123467817&loc=SL123496158-112644 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 13 -URI http://asc.fasb.org/extlink&oid=123467817&loc=SL123496158-112644 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 14 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=123467817&loc=SL123496171-112644 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 14 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=123467817&loc=SL123496171-112644 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -URI http://asc.fasb.org/extlink&oid=120397183&loc=d3e187085-122770 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 18 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=123467817&loc=SL123496189-112644 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 13 -Subparagraph (g) -URI http://asc.fasb.org/extlink&oid=123467817&loc=SL123496158-112644 Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -URI http://asc.fasb.org/topic&trid=2208762 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 18 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=123467817&loc=SL123496189-112644 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 13 -Subparagraph (h) -URI http://asc.fasb.org/extlink&oid=123467817&loc=SL123496158-112644 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 14 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=123467817&loc=SL123496171-112644 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 18 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=123467817&loc=SL123496189-112644 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 16 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=123467817&loc=SL123496180-112644 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 13 -Subparagraph (i) -URI http://asc.fasb.org/extlink&oid=123467817&loc=SL123496158-112644 Reference 15: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08(e)(1)) -URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690 + Details
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