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Segment Disclosures (Tables)

12 Months Ended

Dec. 31, 2023

Segment Reporting [Abstract]

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

Segment data for sales, cost of sales and gross margin for 2023, 2022 and 2021 are presented in the table below.

			Ammonia(1)						Granular Urea(2)						UAN(2)						AN(2)						Other(2)						Consolidated
			(in millions)
Year ended December 31, 2023
Net sales			$	1,679					$	1,823					$	2,068					$	497					$	564					$	6,631
Cost of sales			1,138						1,010						1,251						359						328						4,086
Gross margin			$	541					$	813					$	817					$	138					$	236					2,545
Total other operating costs and expenses																																	307
Equity in loss of operating affiliate(3)																																	(8)
Operating earnings																																	$	2,230
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(4)																																	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(4)																																	705
Equity in earnings of operating affiliate																																	47
Operating earnings																																	$	1,729

_______________________________________________________________________________

(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 17—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)Equity in loss of operating affiliate for the year ended December 31, 2023 includes an impairment of our equity method investment in PLNL of $43 million. See Note 10—Equity Method Investment for additional information.

(4)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 7—United Kingdom Operations Restructuring and Impairment Charges for additional information.

Schedule of segment depreciation, depletion and amortization

			Ammonia						Granular Urea						UAN						AN						Other												Corporate						Consolidated
			(in millions)
Depreciation and amortization
Year ended December 31, 2023			$	171					$	285					$	288					$	48					$	64											$	13					$	869
Year ended December 31, 2022			166						272						269						61						67												15						850
Year ended December 31, 2021			209						235						259						77						87												21						888

Schedule of enterprise-wide data by geographic region

Enterprise-wide data by geographic region is as follows:

			Year ended December 31,
			2023						2022						2021
			(in millions)
Sales by geographic region (based on destination of shipments):
United States			$	4,856					$	8,212					$	5,086
Foreign:
Canada			607						849						568
North America, excluding U.S. and Canada			75						149						79
United Kingdom			346						642						464
Other foreign			747						1,334						341
Total foreign			1,775						2,974						1,452
Consolidated			$	6,631					$	11,186					$	6,538

			December 31,
			2023						2022						2021
			(in millions)
Property, plant and equipment—net by geographic region:
United States			$	6,538					$	5,812					$	6,211
Foreign:
Canada			466						506						485
United Kingdom			137						119						385
Total foreign			603						625						870
Consolidated			$	7,141					$	6,437					$	7,081

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