XML 215 R2.htm IDEA: XBRL DOCUMENT v3.24.0.1
Consolidated Statements of Earnings - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Net sales $ 13,696.1 $ 19,125.2 $ 12,357.4
Cost of goods sold 11,485.5 13,369.4 9,157.1
Gross margin 2,210.6 5,755.8 3,200.3
Selling, general and administrative expenses 500.5 498.0 430.5
Restructuring and related cost, incurred costs 0.0 0.0 158.1
Other operating expenses 372.0 472.5 143.2
Operating earnings 1,338.1 4,785.3 2,468.5
Interest expense, net (129.4) (137.8) (169.1)
Foreign currency transaction gain (loss) 194.0 97.5 (78.5)
Other (expense) income (76.8) (102.5) 3.9
Earnings from consolidated companies before income taxes 1,325.9 4,642.5 2,224.8
Provision for income taxes 177.0 1,224.3 597.7
Earnings from consolidated companies 1,148.9 3,418.2 1,627.1
Equity in net earnings of nonconsolidated companies 60.3 196.0 7.8
Net earnings including noncontrolling interests 1,209.2 3,614.2 1,634.9
Less: Net earnings attributable to noncontrolling interests 44.3 31.4 4.3
Net earnings attributable to Mosaic $ 1,164.9 $ 3,582.8 $ 1,630.6
Basic net earnings per share attributable to Mosaic $ 3.52 $ 10.17 $ 4.31
Basic weighted average number of shares outstanding (in shares) 331.3 352.4 378.1
Diluted net earnings per share attributable to Mosaic $ 3.50 $ 10.06 $ 4.27
Diluted weighted average number of shares outstanding (in shares) 333.2 356.0 381.6