Segment Disclosures (Tables)

3 Months Ended

Mar. 31, 2022

Summary of segment data for sales, cost of sales and gross margin

Segment data for sales, cost of sales and gross margin for the three months ended March 31, 2022 and 2021 are presented in the table below.



	Ammonia(1)		Granular Urea(2)		UAN(2)		AN(2)		Other(2)		Consolidated
	(in millions)
















Three months ended March 31, 2022
Net sales	$	640	$	765	$	1,015	$	223	$	225	$	2,868
Cost of sales	280		270		345		171		104		1,170
Gross margin	$	360	$	495	$	670	$	52	$	121	1,698
Total other operating costs and expenses											66
Equity in earnings of operating affiliate											26
Operating earnings											$	1,658
Three months ended March 31, 2021
Net sales	$	206	$	399	$	232	$	105	$	106	$	1,048
Cost of sales	80		264		230		95		90		759
Gross margin	$	126	$	135	$	2	$	10	$	16	289
Total other operating costs and expenses											53

Equity in earnings of operating affiliate											11
Operating earnings											$	247

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(1)Cost of sales and gross margin for the Ammonia segment for the three months ended March 31, 2021 include a $112 million gain on the net settlement of certain natural gas contracts with our suppliers. See Note 13—Derivative Financial Instruments for additional information.

(2)The cost of the products that are upgraded into other products is transferred at cost into the upgraded product results.