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Condensed Consolidated Statements of Earnings (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Net Sales $ 2,044.7 $ 2,176.9 $ 3,842.8 $ 4,076.6
Gross margin 257.0 227.2 298.4 536.7
Selling, general and administrative expenses 95.1 78.1 163.0 171.6
Impairment, restructuring and other expenses 0.0 369.4 0.0 369.4
Other operating expense 76.1 21.6 115.8 35.5
Operating earnings (loss) 85.8 (241.9) 19.6 (39.8)
Interest expense, net (49.3) (46.0) (90.4) (93.0)
Foreign currency transaction gain (loss) 34.1 20.8 (180.1) 43.4
Other income (expense) 2.4 (3.7) 6.9 (4.8)
Earnings (loss) from consolidated companies before income taxes 73.0 (270.8) (244.0) (94.2)
Benefit from income taxes (2.7) (51.7) (135.7) (5.1)
Earnings (loss) from consolidated companies 75.7 (219.1) (108.3) (89.1)
Equity in net loss of nonconsolidated companies (29.8) (11.2) (49.8) (11.3)
Net earnings (loss) including noncontrolling interests 45.9 (230.3) (158.1) (100.4)
Less: Net (loss) earnings attributable to noncontrolling interests (1.5) 2.8 (2.5) 1.9
Net earnings (loss) attributable to Mosaic $ 47.4 $ (233.1) $ (155.6) $ (102.3)
Basic net earnings (loss) per share attributable to Mosaic $ 0.13 $ (0.60) $ (0.41) $ (0.27)
Basic weighted average number of shares outstanding 379.1 385.8 378.9 385.7
Diluted net earnings (loss) per share attributable to Mosaic $ 0.12 $ (0.60) $ (0.41) $ (0.27)
Diluted weighted average number of shares outstanding 381.3 385.8 378.9 385.7
Product        
Net Sales $ 2,044.7 $ 2,176.9 $ 3,842.8 $ 4,076.6
Cost of goods sold $ 1,787.7 $ 1,949.7 $ 3,544.4 $ 3,539.9