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Stockholders' Equity
 12 Months Ended
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.
SharesAmounts
(in millions)
Shares repurchased in 20197.6 $337 
Shares repurchased in 20202.6 100 
Shares repurchased in 20218.6 540 
Total shares repurchased under the 2019 Share Repurchase Program18.8 $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,
 202120202019
Beginning balance213,954,858 216,023,826 222,818,495 
Exercise of stock options1,806,940 321,465 629,186 
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 balance207,575,978 213,954,858 216,023,826 
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(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 taxes62 — 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 taxes44 — (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 taxes3 — (19)(16)
Balance as of December 31, 2021$(141)$4 $(120)$(257)
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(1)     Reclassifications out of accumulated other comprehensive loss to the consolidated statements of operations were not material.