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v3.19.1

Business Segments (Tables) | 12 Months Ended
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Dec. 31, 2018
Segment Reporting [Abstract] |
Schedule of segment reporting by segment | Segment information for the years 2018, 2017 and 2016 is as follows:
(in millions) |  | Phosphates |  | Potash |  | Mosaic Fertilizantes |  | Corporate, Eliminations and Other (a) |  | Total
Year Ended December 31, 2018 |  |  |  |  |  |  |  |  |  |
Net sales to external customers |  | $ | 3,106.3 |  |  | $ | 2,154.8 |  |  | $ | 3,747.1 |  |  | $ | 579.1 |  |  | $ | 9,587.3 |
Intersegment net sales |  | 780.0 |  |  | 19.1 |  |  | — |  |  | (799.1 | ) |  | — |
Net sales |  | 3,886.3 |  |  | 2,173.9 |  |  | 3,747.1 |  |  | (220.0 | ) |  | 9,587.3 |
Gross margin |  | 581.5 |  |  | 597.2 |  |  | 382.9 |  |  | (63.2 | ) |  | 1,498.4 |
Canadian resource taxes |  | — |  |  | 159.4 |  |  | — |  |  | — |  |  | 159.4 |
Gross margin (excluding Canadian resource taxes) |  | 581.5 |  |  | 756.6 |  |  | 382.9 |  |  | (63.2 | ) |  | 1,657.8 |
Operating earnings |  | 414.8 |  |  | 454.1 |  |  | 227.0 |  |  | (167.6 | ) |  | 928.3 |
Capital expenditures |  | 393.9 |  |  | 410.5 |  |  | 148.2 |  |  | 1.9 |  |  | 954.5 |
Depreciation, depletion and amortization expense |  | 403.7 |  |  | 301.5 |  |  | 158.5 |  |  | 20.2 |  |  | 883.9 |
Equity in net earnings (loss) of nonconsolidated companies |  | (4.6 | ) |  | — |  |  | — |  |  | 0.1 |  |  | (4.5 | )
Year Ended December 31, 2017 |  |  |  |  |  |  |  |  |  | — |
Net sales to external customers |  | $ | 2,826.6 |  |  | $ | 1,836.5 |  |  | $ | 2,220.1 |  |  | $ | 526.2 |  |  | $ | 7,409.4 |
Intersegment net sales |  | 762.6 |  |  | 16.1 |  |  | — |  |  | (778.7 | ) |  | — |
Net sales |  | 3,589.2 |  |  | 1,852.6 |  |  | 2,220.1 |  |  | (252.5 | ) |  | 7,409.4 |
Gross margin |  | 332.2 |  |  | 391.6 |  |  | 128.6 |  |  | (9.6 | ) |  | 842.8 |
Canadian resource taxes |  | — |  |  | 70.1 |  |  | — |  |  | — |  |  | 70.1 |
Gross margin (excluding Canadian resource taxes) |  | 332.2 |  |  | 461.7 |  |  | 128.6 |  |  | (9.6 | ) |  | 912.9 |
Operating earnings |  | 191.6 |  |  | 281.3 |  |  | 63.1 |  |  | (70.3 | ) |  | 465.7 |
Capital expenditures |  | 401.0 |  |  | 371.6 |  |  | 32.7 |  |  | 14.8 |  |  | 820.1 |
Depreciation, depletion and amortization expense |  | 338.0 |  |  | 287.2 |  |  | 16.9 |  |  | 23.4 |  |  | 665.5 |
Equity in net earnings (loss) of nonconsolidated companies |  | 16.0 |  |  | — |  |  | — |  |  | 0.7 |  |  | 16.7 |
Year Ended December 31, 2016 |  |  |  |  |  |  |  |  |  |
Net sales to external customers |  | $ | 2,928.4 |  |  | $ | 1,673.0 |  |  | $ | 2,113.9 |  |  | $ | 447.5 |  |  | $ | 7,162.8 |
Intersegment net sales |  | 782.5 |  |  | 12.7 |  |  | — |  |  | (795.2 | ) |  | — |
Net sales |  | 3,710.9 |  |  | 1,685.7 |  |  | 2,113.9 |  |  | (347.7 | ) |  | 7,162.8 |
Gross margin |  | 349.8 |  |  | 256.6 |  |  | 125.0 |  |  | 78.6 |  |  | 810.0 |
Canadian resource taxes |  | — |  |  | 101.1 |  |  | — |  |  | — |  |  | 101.1 |
Gross margin (excluding Canadian resource taxes) |  | 349.8 |  |  | 357.7 |  |  | 125.0 |  |  | 78.6 |  |  | 911.1 |
Operating earnings |  | 47.8 |  |  | 138.8 |  |  | 64.8 |  |  | 67.6 |  |  | 319.0 |
Capital expenditures |  | 380.0 |  |  | 416.7 |  |  | 23.7 |  |  | 22.7 |  |  | 843.1 |
Depreciation, depletion and amortization expense |  | 362.4 |  |  | 308.7 |  |  | 15.1 |  |  | 25.0 |  |  | 711.2 |
Equity in net earnings (loss) of nonconsolidated companies |  | 0.2 |  |  | (15.5 | ) |  | (0.1 | ) |  | — |  |  | (15.4 | )
Total assets as of December 31, 2018 |  | $ | 7,877.3 |  |  | $ | 7,763.1 |  |  | $ | 3,952.4 |  |  | $ | 526.4 |  |  | $ | 20,119.2 |
Total assets as of December 31, 2017 |  | 7,700.6 |  |  | 8,301.7 |  |  | 1,376.7 |  |  | 1,254.4 |  |  | 18,633.4 |
Total assets as of December 31, 2016 |  | 7,679.7 |  |  | 7,777.9 |  |  | 1,249.7 |  |  | 133.4 |  |  | 16,840.7 |
______________________________
(a) | The "Corporate, Eliminations and Other" category includes the results of our ancillary distribution operations in India and China. For the years ended December 31, 2018, 2017 and 2016, distribution operations in India and China had revenues of $533.9 million, $493.2 million, and $419.6 million, respectively and gross margins of $42.8 million, $46.9 million, and $21.2 million, respectively.
Disaggregation of Revenue [Table Text Block] | Net sales by product type for the years 2018, 2017 and 2016 are as follows:
| Years Ended December 31,
(in millions) | 2018 |  | 2017 |  | 2016
Sales by product type: |  |  |  |  |
Phosphate Crop Nutrients | $ | 2,956.8 |  |  | $ | 2,266.7 |  |  | $ | 2,369.2 |
Potash Crop Nutrients | 2,755.9 |  |  | 2,180.6 |  |  | 1,889.1 |
Crop Nutrient Blends | 1,418.9 |  |  | 1,384.2 |  |  | 1,403.1 |
Specialty Products(a) | 1,844.8 |  |  | 1,319.8 |  |  | 1,266.5 |
Phosphate Rock | 53.0 |  |  | — |  |  | — |
Other(b) | 557.9 |  |  | 258.1 |  |  | 234.9 |
| $ | 9,587.3 |  |  | $ | 7,409.4 |  |  | $ | 7,162.8 |
______________________________
(a) | Includes sales of MicroEssentials®, K-Mag, Aspire and animal feed ingredients.
(b) | Includes sales of industrial potash.
Financial information relating to our operations by geographic area is as follows:
| Years Ended December 31,
(in millions) | 2018 |  | 2017 |  | 2016
Net sales(a): |  |  |  |  |
Brazil | $ | 3,727.7 |  |  | $ | 2,199.0 |  |  | $ | 2,127.0 |
Canpotex(b) | 820.2 |  |  | 700.6 |  |  | 604.5 |
Canada | 639.0 |  |  | 508.9 |  |  | 498.2 |
India | 304.4 |  |  | 305.2 |  |  | 296.7 |
China | 231.7 |  |  | 206.4 |  |  | 171.2 |
Australia | 136.0 |  |  | 147.0 |  |  | 121.0 |
Mexico | 133.9 |  |  | 131.8 |  |  | 125.0 |
Colombia | 101.5 |  |  | 86.9 |  |  | 104.9 |
Paraguay | 100.7 |  |  | 113.8 |  |  | 106.6 |
Japan | 92.2 |  |  | 71.7 |  |  | 82.7 |
Peru | 82.6 |  |  | 56.9 |  |  | 68.3 |
Argentina | 70.5 |  |  | 53.1 |  |  | 67.1 |
Honduras | 28.7 |  |  | 20.6 |  |  | 25.6 |
Thailand | 28.1 |  |  | 20.9 |  |  | 21.2 |
Other | 118.4 |  |  | 105.6 |  |  | 65.1 |
Total international countries | 6,615.6 |  |  | 4,728.4 |  |  | 4,485.1 |
United States | 2,971.7 |  |  | 2,681.0 |  |  | 2,677.7 |
Consolidated | $ | 9,587.3 |  |  | $ | 7,409.4 |  |  | $ | 7,162.8 |
Financial Information Relating to Our Operations by Geographic Area |
|  | December 31,
(in millions) |  | 2018 |  | 2017
Long-lived assets: |  |  |  |
Canada |  | $ | 4,764.8 |  |  | $ | 5,457.1 |
Brazil |  | 1,886.0 |  |  | 326.0 |
Other |  | 123.2 |  |  | 103.7 |
Total international countries |  | 6,774.0 |  |  | 5,886.8 |
United States |  | 7,056.9 |  |  | 6,181.9 |
Consolidated |  | $ | 13,830.9 |  |  | $ | 12,068.7 |

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