XML 42 R32.htm IDEA: XBRL DOCUMENT v3.23.2
Financing Agreements (Tables)
 6 Months Ended
Jun. 30, 2023
Debt Disclosure [Abstract]  
Components of long-term debt
Long-term debt presented on our consolidated balance sheets as of June 30, 2023 and December 31, 2022 consisted of the following debt securities issued by CF Industries:
 Effective Interest RateJune 30, 2023December 31, 2022
 Principal
Carrying Amount(1)
Principal
Carrying Amount(1)
(in millions)
Public Senior Notes:
5.150% due March 2034
5.293%750 741 750 741 
4.950% due June 2043
5.040%750 742 750 742 
5.375% due March 2044
5.478%750 741 750 740 
Senior Secured Notes:
4.500% due December 2026(2)
4.783%750 743 750 742 
Total long-term debt$3,000 $2,967 $3,000 $2,965 
_______________________________________________________________________________
(1)Carrying amount is net of unamortized debt discount and deferred debt issuance costs. Total unamortized debt discount was $7 million as of both June 30, 2023 and December 31, 2022, and total deferred debt issuance costs were $26 million and $28 million as of June 30, 2023 and December 31, 2022, respectively. 
(2)Effective August 23, 2021, these notes are no longer secured, in accordance with the terms of the applicable indenture.