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Condensed Consolidated Statements of Earnings (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Net Sales $ 2,679.4 $ 3,604.3
Cost of goods sold 2,280.2 2,933.9
Gross margin 399.2 670.4
Selling, general and administrative expenses 106.8 127.7
Other operating expense (income) 119.5 (1.9)
Operating earnings 172.9 544.6
Interest expense, net (48.0) (41.1)
Foreign currency transaction (loss) gain (100.3) 51.4
Other income (expense) 0.6 (8.9)
Earnings from consolidated companies before income taxes 25.2 546.0
Provision for income taxes 6.2 118.3
Earnings from consolidated companies 19.0 427.7
Income (Loss) from Subsidiaries, Net of Tax 37.5 31.3
Net earnings including noncontrolling interests (56.5) (459.0)
Less: Net earnings attributable to noncontrolling interests 11.3 24.2
Net earnings attributable to Mosaic $ 45.2 $ 434.8
Basic net earnings per share attributable to Mosaic $ 0.14 $ 1.30
Basic weighted average number of shares outstanding 322.1 335.4
Diluted net earnings per share attributable to Mosaic $ 0.14 $ 1.28
Diluted weighted average number of shares outstanding 323.5 338.7