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Business Segments
 12 Months Ended
Dec. 31, 2020
Segment Reporting [Abstract]  
Business Segments BUSINESS SEGMENTS
The reportable segments are determined by management based upon factors such as products and services, production processes, technologies, market dynamics, and for which segment financial information is available for our chief operating decision maker.
For a description of our business segments see Note 1 of our Notes to Consolidated Financial Statements. We evaluate performance based on the operating earnings of the respective business segments, which includes certain allocations of corporate selling, general and administrative expenses. The segment results may not represent the actual results that would be expected if they were independent, stand-alone businesses. Intersegment eliminations, including profit on intersegment sales, mark-to-market gains/losses on derivatives, debt expenses, Streamsong Resort® results of operations and the results of the China and India distribution business are included within Corporate, Eliminations and Other. As of January 1, 2019, certain selling, general and administrative costs that are not controllable by the business segments are no longer allocated to segments and are included within Corporate, Eliminations and Other. Our operating results for the year ended December 31, 2018 were recast to reflect this change.
Segment information for the years 2020, 2019 and 2018 is as follows:
(in millions)PhosphatesPotashMosaic FertilizantesCorporate,
Eliminations
and Other (a)		Total
Year Ended December 31, 2020
Net sales to external customers$2,543.5 $1,988.6 $3,481.6 $668.0 $8,681.7 
Intersegment net sales572.9 30.7 — (603.6)— 
Net sales3,116.4 2,019.3 3,481.6 64.4 8,681.7 
Gross margin125.5 468.3 419.6 51.5 1,064.9 
Canadian resource taxes— 146.1 — — 146.1 
Gross margin (excluding Canadian resource taxes)125.5 614.4 419.6 51.5 1,211.0 
Operating earnings (147.1)401.5 346.5 (188.0)412.9 
Capital expenditures538.1 478.2 144.9 9.4 1,170.6 
Depreciation, depletion and amortization expense443.4 282.4 105.7 16.1 847.6 
Equity in net (loss) earnings of nonconsolidated companies(94.1)— — 0.3 (93.8)
Year Ended December 31, 2019
Net sales to external customers$2,416.6 $2,081.7 $3,782.8 $625.2 $8,906.3 
Intersegment net sales824.7 32.1 — (856.8)— 
Net sales3,241.3 2,113.8 3,782.8 (231.6)8,906.3 
Gross margin(82.3)616.8 290.1 72.7 897.3 
Canadian resource taxes— 174.6 — — 174.6 
Gross margin (excluding Canadian resource taxes)(82.3)791.4 290.1 72.7 1,071.9 
Impairment, restructuring and other expenses931.6 530.5 — — 1,462.1 
Operating earnings (1,131.1)45.8 132.5 (142.1)(1,094.9)
Capital expenditures545.2 540.1 182.3 4.6 1,272.2 
Depreciation, depletion and amortization expense430.1 296.3 135.8 20.5 882.7 
Equity in net (loss) earnings of nonconsolidated companies(60.1)— — 0.7 (59.4)
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 sales780.0 19.1 — (799.1)— 
Net sales3,886.3 2,173.9 3,747.1 (220.0)9,587.3 
Gross margin581.5 597.2 382.9 (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 earnings471.4 510.8 240.6 (294.5)928.3 
Capital expenditures393.9 410.5 148.2 1.9 954.5 
Depreciation, depletion and amortization expense403.7 301.5 158.5 20.2 883.9 
Equity in net (loss) earnings of nonconsolidated companies(4.6)— — 0.1 (4.5)
Total assets as of December 31, 2020$7,022.1 $7,614.8 $4,127.7 $1,025.2 $19,789.8 
Total assets as of December 31, 2019(b)7,183.5 7,219.2 3,974.9 920.9 19,298.5 
Total assets as of December 31, 20187,877.3 7,763.1 3,952.4 526.4 20,119.2 
______________________________
(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, 2020, 2019 and 2018, distribution operations in India and China had revenues of $639.4 million, $575.6 million, and $533.9 million, respectively and gross margins of $58.7 million, $27.3 million, and $42.8 million, respectively.
(b)In 2019, we recorded an impairment of goodwill in Phosphates of $588.6 million, which reduced the total asset balance.
Financial information relating to our operations by geographic area is as follows:
Years Ended December 31,
(in millions)202020192018
Net sales(a):
Brazil$3,377.1 $3,675.1 $3,727.7 
Canpotex(b)
795.2 952.5 820.2 
Canada547.5 602.0 639.0 
China334.2 225.3 231.7 
India318.4 347.1 304.4 
Argentina121.0 116.3 70.5 
Paraguay94.3 102.9 100.7 
Colombia93.4 82.8 101.5 
Australia85.1 91.3 136.0 
Mexico77.1 117.8 133.9 
Peru62.0 89.3 82.6 
Japan58.8 33.0 92.2 
Honduras31.0 11.7 28.7 
Thailand21.2 24.8 28.1 
Other92.1 101.6 118.4 
Total international countries6,108.4 6,573.5 6,615.6 
United States2,573.3 2,332.8 2,971.7 
Consolidated$8,681.7 $8,906.3 $9,587.3 
______________________________
(a)Revenues are attributed to countries based on location of customer.
(b)Canpotex is the export association of two Saskatchewan potash producers. The net sales of potash from Mosaic to Canpotex included in our consolidated financial statements in the Net Sales line represent Mosaic’s sales of potash to Canpotex, and are recognized upon delivery to the unrelated third-party customer. Canpotex sales to the ultimate third-party customers are approximately; 25% to customers based in Brazil, 22% to customers based in China, 14% to customers based in India, 8% to customers based in Indonesia and 31% to customers based in the rest of the world.
December 31,
(in millions)20202019
Long-lived assets:
Canada$4,998.5 $4,553.7 
Brazil1,904.1 1,934.6 
Other1,324.8 1,476.1 
Total international countries8,227.4 7,964.4 
United States5,688.8 5,943.6 
Consolidated$13,916.2 $13,908.0 
Excluded from the table above as of December 31, 2020 and 2019, are goodwill of $1,173.0 million and $1,156.9 million and deferred income taxes of $1,179.4 million and $515.4 million, respectively.
Net sales by product type for the years 2020, 2019 and 2018 are as follows:
Years Ended December 31,
(in millions)202020192018
Sales by product type:
Phosphate Crop Nutrients$2,477.0 $2,541.3 $2,956.8 
Potash Crop Nutrients2,566.7 2,716.8 2,755.9 
Crop Nutrient Blends1,232.7 1,415.7 1,418.9 
Performance Products(a)
1,370.8 1,193.6 1,438.8 
Phosphate Rock42.0 53.6 53.0 
Other(b)
992.5 985.3 963.9 
$8,681.7 $8,906.3 $9,587.3 
______________________________
(a)Includes sales of MicroEssentials®, K-Mag®, and Aspire®.
(b)Includes sales of industrial potash