XML 46 R30.htm IDEA: XBRL DOCUMENT
v3.22.4

Segment Disclosures | 12 Months Ended
--- | ---
Dec. 31, 2022
Segment Reporting [Abstract] |
Segment Disclosures | Segment Disclosures Our reportable segments consist of Ammonia, Granular Urea, UAN, AN and Other. These segments are differentiated by products. Our management uses gross margin to evaluate segment performance and allocate resources. Total other operating costs and expenses (consisting primarily of selling, general and administrative expenses and other operating—net) and non-operating expenses (consisting primarily of interest and income taxes) are centrally managed and are not included in the measurement of segment profitability reviewed by management. Our assets, with the exception of goodwill, are not monitored by or reported to our chief operating decision maker by segment; therefore, we do not present total assets by segment. Goodwill by segment is presented in Note 7—Goodwill and Other Intangible Assets. Segment data for sales, cost of sales and gross margin for 2022, 2021 and 2020 are presented in the table below.
| Ammonia(1) |  | Granular Urea(2) |  | UAN(2) |  | AN(2) |  | Other(2) |  | Consolidated
| (in millions)
Year ended December 31, 2022 |  |  |  |  |  |  |  |  |  |  |
Net sales | $ | 3,090 |  |  | $ | 2,892 |  |  | $ | 3,572 |  |  | $ | 845 |  |  | $ | 787 |  |  | $ | 11,186 |
Cost of sales | 1,491 |  |  | 1,328 |  |  | 1,489 |  |  | 597 |  |  | 420 |  |  | 5,325 |
Gross margin | $ | 1,599 |  |  | $ | 1,564 |  |  | $ | 2,083 |  |  | $ | 248 |  |  | $ | 367 |  |  | 5,861 |
Total other operating costs and expenses(3) |  |  |  |  |  |  |  |  |  |  | 558 |
Equity in earnings of operating affiliate |  |  |  |  |  |  |  |  |  |  | 94 |
Operating earnings |  |  |  |  |  |  |  |  |  |  | $ | 5,397 |
Year ended December 31, 2021 |  |  |  |  |  |  |  |  |  |  |
Net sales | $ | 1,787 |  |  | $ | 1,880 |  |  | $ | 1,788 |  |  | $ | 510 |  |  | $ | 573 |  |  | $ | 6,538 |
Cost of sales | 1,162 |  |  | 992 |  |  | 1,119 |  |  | 475 |  |  | 403 |  |  | 4,151 |
Gross margin | $ | 625 |  |  | $ | 888 |  |  | $ | 669 |  |  | $ | 35 |  |  | $ | 170 |  |  | 2,387 |
Total other operating costs and expenses(3) |  |  |  |  |  |  |  |  |  |  | 705 |
Equity in earnings of operating affiliate |  |  |  |  |  |  |  |  |  |  | 47 |
Operating earnings |  |  |  |  |  |  |  |  |  |  | $ | 1,729 |
Year ended December 31, 2020 |  |  |  |  |  |  |  |  |  |  |
Net sales | $ | 1,020 |  |  | $ | 1,248 |  |  | $ | 1,063 |  |  | $ | 455 |  |  | $ | 338 |  |  | $ | 4,124 |
Cost of sales | 850 |  |  | 847 |  |  | 949 |  |  | 390 |  |  | 287 |  |  | 3,323 |
Gross margin | $ | 170 |  |  | $ | 401 |  |  | $ | 114 |  |  | $ | 65 |  |  | $ | 51 |  |  | 801 |
Total other operating costs and expenses |  |  |  |  |  |  |  |  |  |  | 189 |
Equity in earnings of operating affiliate |  |  |  |  |  |  |  |  |  |  | 11 |
Operating earnings |  |  |  |  |  |  |  |  |  |  | $ | 623 |
_______________________________________________________________________________ (1)Cost of sales and gross margin for the Ammonia segment for the year ended December 31, 2021 include a $112 million gain on the net settlement of certain natural gas contracts with our suppliers. See Note 15—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 year ended December 31, 2022 include $258 million of asset impairment and restructuring charges related to our U.K. operations. Total other operating costs and expenses for the year ended December 31, 2021 include $521 million of asset impairment charges related to our U.K. operations. See Note 5—United Kingdom Operations Restructuring and Impairment Charges for additional information. Depreciation and amortization by segment for 2022, 2021 and 2020 is as follows:
| Ammonia |  | Granular Urea |  | UAN |  | AN |  | Other |  |  |  | Corporate |  | Consolidated
| (in millions)
Depreciation and amortization |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Year ended December 31, 2022 | $ | 166 |  |  | $ | 272 |  |  | $ | 269 |  |  | $ | 61 |  |  | $ | 67 |  |  |  |  | $ | 15 |  |  | $ | 850 |
Year ended December 31, 2021 | 209 |  |  | 235 |  |  | 259 |  |  | 77 |  |  | 87 |  |  |  |  | 21 |  |  | 888 |
Year ended December 31, 2020 | 176 |  |  | 270 |  |  | 256 |  |  | 100 |  |  | 68 |  |  |  |  | 22 |  |  | 892 |
Enterprise-wide data by geographic region is as follows:
| Year ended December 31,
| 2022 |  | 2021 |  | 2020
| (in millions)
Sales by geographic region (based on destination of shipments): |  |  |  |  |
United States | $ | 8,212 |  |  | $ | 5,086 |  |  | $ | 3,036 |
Foreign: |  |  |  |  |
Canada | 849 |  |  | 568 |  |  | 397 |
North America, excluding U.S. and Canada | 149 |  |  | 79 |  |  | 54 |
United Kingdom | 642 |  |  | 464 |  |  | 332 |
Other foreign | 1,334 |  |  | 341 |  |  | 305 |
Total foreign | 2,974 |  |  | 1,452 |  |  | 1,088 |
Consolidated | $ | 11,186 |  |  | $ | 6,538 |  |  | $ | 4,124 |
| December 31,
| 2022 |  | 2021 |  | 2020
| (in millions)
Property, plant and equipment—net by geographic region: |  |  |  |  |
United States | $ | 5,812 |  |  | $ | 6,211 |  |  | $ | 6,527 |
Foreign: |  |  |  |  |
Canada | 506 |  |  | 485 |  |  | 525 |
United Kingdom | 119 |  |  | 385 |  |  | 580 |
Total foreign | 625 |  |  | 870 |  |  | 1,105 |
Consolidated | $ | 6,437 |  |  | $ | 7,081 |  |  | $ | 7,632 |
Our principal customers are cooperatives, independent fertilizer distributors, traders, wholesalers and industrial users. In 2022, 2021 and 2020, CHS accounted for approximately 13%, 14% and 13% of our consolidated net sales, respectively. See Note 17—Noncontrolling Interest for additional information.

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

X
- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8924-108599 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8981-108599 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9031-108599 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (f) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8933-108599 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (e) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9038-108599 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (d) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8933-108599 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8736-108599 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9054-108599 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 15 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8657-108599 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8721-108599 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI https://asc.fasb.org/topic&trid=2134510 + Details
Name: | us-gaap_SegmentReportingDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration