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Business Segments
 9 Months Ended
Sep. 30, 2022
Segment Reporting [Abstract]  
Segment Reporting Disclosure 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.
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 businesses are included within Corporate, Eliminations and Other. For a description of our business segments, see Note 1 to the Condensed Consolidated Financial Statements.
Segment information for the three and nine months ended September 30, 2022 and 2021 was as follows:
PhosphatePotashMosaic Fertilizantes
Corporate, Eliminations and Other(a)
Total
Three months ended September 30, 2022
Net sales to external customers$1,151.0 $1,399.3 $2,628.7 $169.5 $5,348.5 
Intersegment net sales426.6 32.8 — (459.4)— 
Net sales1,577.6 1,432.1 2,628.7 (289.9)5,348.5 
Gross margin357.9 798.7 348.3 (2.9)1,502.0 
Canadian resource taxes— 258.4 — — 258.4 
Gross margin (excluding Canadian resource taxes)357.9 1,057.1 348.3 (2.9)1,760.4 
Operating earnings131.2 793.0 323.0 (92.5)1,154.7 
Capital expenditures167.7 77.6 92.5 15.9 353.7 
Depreciation, depletion and amortization expense120.9 76.0 28.5 3.8 229.2 
Three months ended September 30, 2021
Net sales to external customers$943.1 $573.3 $1,754.7 $147.5 $3,418.6 
Intersegment net sales338.2 16.0 — (354.2)— 
Net sales1,281.3 589.3 1,754.7 (206.7)3,418.6 
Gross margin364.2 236.0 332.2 (67.9)864.5 
Canadian resource taxes— 57.3 — — 57.3 
Gross margin (excluding Canadian resource taxes)364.2 293.3 332.2 (67.9)921.8 
Operating earnings (loss)325.5 219.7 290.5 (134.1)701.6 
Capital expenditures160.5 122.5 52.1 4.9 340.0 
Depreciation, depletion and amortization expense106.1 50.3 26.0 3.7 186.1 
Nine months ended September 30, 2022
Net sales to external customers$3,442.3 $3,998.1 $6,377.0 $826.5 $14,643.9 
Intersegment net sales1,432.2 74.0 — (1,506.2)— 
Net sales4,874.5 4,072.1 6,377.0 (679.7)14,643.9 
Gross margin1,527.2 2,305.2 1,017.8 (62.8)4,787.4 
Canadian resource taxes— 690.1 — — 690.1 
Gross margin (excluding Canadian resource taxes)1,527.2 2,995.3 1,017.8 (62.8)5,477.5 
Operating earnings (loss)1,201.8 2,271.4 930.2 (318.7)4,084.7 
Capital expenditures472.7 209.6 206.0 18.5 906.8 
Depreciation, depletion and amortization expense374.4 234.1 80.4 12.0 700.9 
Nine months ended September 30, 2021
Net sales to external customers$2,737.9 $1,705.5 $3,553.8 $519.2 $8,516.4 
Intersegment net sales719.2 24.2 — (743.4)— 
Net sales3,457.1 1,729.7 3,553.8 (224.2)8,516.4 
Gross margin845.3 593.4 620.4 (7.4)2,051.7 
Canadian resource taxes— 146.5 — — 146.5 
Gross margin (excluding Canadian resource taxes)845.3 739.9 620.4 (7.4)2,198.2 
Mine closure costs— 158.1 — — 158.1 
Operating earnings (loss)761.5 393.5 551.5 (207.7)1,498.8 
Capital expenditures463.0 317.2 135.2 10.4 925.8 
Depreciation, depletion and amortization expense314.1 200.1 73.0 11.5 598.7 
Total Assets
As of September 30, 2022$9,788.5 $10,229.0 $5,714.0 $(2,293.9)$23,437.6 
As of December 31, 20218,776.4 8,312.8 4,908.2 39.0 22,036.4 
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(a)The “Corporate, Eliminations and Other” category includes the results of our ancillary distribution operations in India and China. For the three and nine months ended September 30, 2022, distribution operations in India and China collectively had revenue of $158.6 million and $769.5 million, respectively, and gross margin of $(13.7) million and $137.6 million, respectively. For the three and nine months ended September 30, 2021, distribution operations in India and China collectively had revenue of $136.2 million and $475.8 million, respectively, and gross margin of $22.9 million and $95.9 million, respectively.
Financial information relating to our operations by geographic area is as follows:
 Three Months Ended 
 
September 30,		Nine Months Ended 
 
September 30,
(in millions)2022202120222021
Net sales(a):
Brazil$2,555.0 $1,714.2 $6,198.5 $3,496.4 
Canpotex(b)
968.9 268.4 2,355.2 605.9 
Canada182.2 107.0 683.9 525.8 
India163.3 65.0 308.2 168.3 
Argentina93.0 37.6 229.3 82.6 
Paraguay71.7 36.4 166.6 88.0 
China64.5 70.9 530.2 313.1 
Japan32.8 20.7 104.6 72.6 
Mexico29.4 3.9 157.8 86.0 
Peru17.4 11.1 27.9 25.3 
Dominican Republic11.6 10.1 24.9 19.9 
Colombia7.3 40.9 109.2 107.3 
Thailand1.6 5.1 4.7 15.9 
Honduras1.5 6.0 25.7 17.1 
Australia— — 63.0 22.9 
Other27.3 24.0 66.6 52.2 
Total international countries4,227.5 2,421.3 11,056.3 5,699.3 
United States1,121.0 997.3 3,587.6 2,817.1 
Consolidated$5,348.5 $3,418.6 $14,643.9 $8,516.4 
______________________________
(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 annual sales to the ultimate third-party customers are approximately: 30% to customers based in Brazil, 14% to customers based in Indonesia, 11% to customers based in China, 6% to customers based in India, and 39% to customers based in the rest of the world.
Net sales by product type are as follows:
 Three Months Ended 
 
September 30,		Nine Months Ended 
 
September 30,
(in millions)2022202120222021
Sales by product type:
Phosphate Crop Nutrients$1,154.6 $950.7 $3,442.5 $2,453.1 
Potash Crop Nutrients1,918.6 942.2 5,084.8 2,304.5 
Crop Nutrient Blends867.7 572.1 2,158.2 1,220.7 
Performance Products(a)
916.8 523.3 2,286.4 1,378.1 
Phosphate Rock34.4 21.1 83.7 56.4 
Other(b)
456.4 409.2 1,588.3 1,103.6 
$5,348.5 $3,418.6 $14,643.9 $8,516.4 
____________________________________________
(a)Includes sales of MicroEssentials®, K-Mag, Aspire and Sus-Terra.
(b)Includes sales of industrial potash, feed products, nitrogen and other products.