Segment Disclosures (Tables)

3 Months Ended

Jun. 30, 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 and six months ended June 30, 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 June 30, 2022
Net sales	$	1,115	$	833	$	976	$	253	$	212	$	3,389
Cost of sales	442		360		343		151		102		1,398
Gross margin	$	673	$	473	$	633	$	102	$	110	1,991
Total other operating costs and expenses(3)											241
Equity in earnings of operating affiliate											28
Operating earnings											$	1,778
Three months ended June 30, 2021
Net sales	$	459	$	433	$	434	$	136	$	126	$	1,588
Cost of sales	333		241		296		120		95		1,085
Gross margin	$	126	$	192	$	138	$	16	$	31	503
Total other operating costs and expenses											64
Equity in earnings of operating affiliate											11
Operating earnings											$	450

Six months ended June 30, 2022
Net sales	$	1,755	$	1,598	$	1,991	$	476	$	437	$	6,257
Cost of sales	722		630		688		322		206		2,568
Gross margin	$	1,033	$	968	$	1,303	$	154	$	231	3,689
Total other operating costs and expenses(3)											307
Equity in earnings of operating affiliate											54
Operating earnings											$	3,436
Six months ended June 30, 2021
Net sales	$	665	$	832	$	666	$	241	$	232	$	2,636
Cost of sales	413		505		526		215		185		1,844
Gross margin	$	252	$	327	$	140	$	26	$	47	792
Total other operating costs and expenses											117

Equity in earnings of operating affiliate											22
Operating earnings											$	697

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(1)Cost of sales and gross margin for the Ammonia segment for the six months ended June 30, 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.

(3)Total other operating costs and expenses for the three and six months ended June 30, 2022 include $162 million of restructuring charges related to our U.K. operations. See Note 5—United Kingdom Operations, Proposed Restructuring and Impairment Charges for additional information.