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Business Segments (Tables) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Dec. 31, 2023
Segment Reporting Information [Line Items]      
Net Sales $ 2,679.4 $ 3,604.3  
Gross margin 399.2 670.4  
Canadian resource taxes 64.5 120.8  
Gross margin (excluding canadian resource taxes) 463.7 791.2  
Operating earnings (loss) 172.9 544.6  
Segment, Expenditure, Addition to Long-Lived Assets 383.0 321.5  
Capital expenditures 383.0 321.5  
Depreciation, depletion and amortization expense 241.1 220.0  
Assets $ 22,873.0   $ 23,032.8
Schedule of Segment Reporting Information
Segment information for the three months ended March 31, 2024 and 2023 was as follows:
PhosphatePotashMosaic Fertilizantes
Corporate, Eliminations and Other(a)
Total
Three months ended March 31, 2024
Net sales to external customers$1,023.0 $634.7 $886.4 $135.3 $2,679.4 
Intersegment net sales145.7 8.4 — (154.1)— 
Net sales1,168.7 643.1 886.4 (18.8)2,679.4 
Gross margin159.4 211.7 75.2 (47.1)399.2 
Canadian resource taxes— 64.5 — — 64.5 
Gross margin (excluding Canadian resource taxes)159.4 276.2 75.2 (47.1)463.7 
Operating earnings (loss)40.3 198.0 42.0 (107.4)172.9 
Capital expenditures197.7 96.7 81.8 6.8 383.0 
Depreciation, depletion and amortization expense116.9 81.7 40.0 2.5 241.1 
Three months ended March 31, 2023
Net sales to external customers$1,088.9 $900.4 $1,343.3 $271.7 $3,604.3 
Intersegment net sales293.2 6.2 — (299.4)— 
Net sales1,382.1 906.6 1,343.3 (27.7)3,604.3 
Gross margin259.3 413.3 (1.1)(1.1)670.4 
Canadian resource taxes— 120.8 — — 120.8 
Gross margin (excluding Canadian resource taxes)259.3 534.1 (1.1)(1.1)791.2 
Operating earnings (loss)266.2 401.5 (32.1)(91.0)544.6 
Capital expenditures141.7 92.8 86.7 0.3 321.5 
Depreciation, depletion and amortization expense116.6 69.6 31.6 2.2 220.0 
Total Assets
As of March 31, 2024$10,437.0 $8,628.4 $5,047.4 $(1,239.8)$22,873.0 
As of December 31, 202310,295.9 8,971.9 5,256.3 (1,491.3)23,032.8 

______________________________
(a)The “Corporate, Eliminations and Other” category includes the results of our ancillary distribution operations in India and China. For the three months ended March 31, 2024, distribution operations in India and China collectively had revenue of $129.3 million, and gross margin of $7.6 million. For the three months ended March 31, 2023, distribution operations in India and China collectively had revenue of $266.8 million, and gross margin of $(10.8) million.
   
Revenue from External Customers by Geographic Areas [Table Text Block]
Financial information relating to our operations by geographic area is as follows:
 Three Months Ended 
 
March 31,
(in millions)20242023
Net sales(a):
Brazil$852.8 $1,300.6 
Canpotex(b)
220.8 431.3 
Canada142.0 81.1 
China124.0 145.4 
Japan41.3 38.5 
Paraguay36.9 45.6 
Colombia32.6 39.0 
Mexico22.4 77.7 
Australia16.9 20.3 
Peru11.6 6.7 
Argentina11.2 18.9 
India7.2 121.4 
Honduras5.0 8.0 
Other10.5 21.1 
Total international countries1,535.2 2,355.6 
United States1,144.2 1,248.7 
Consolidated$2,679.4 $3,604.3 
______________________________
(a)Revenues are attributed to countries based on location of customer.
(b)Canpotex is the export association of two Saskatchewan potash producers. Canpotex annualized sales to the ultimate third-party customers are approximately: 35% to customers based in Brazil, 12% to customers based in China, 9% to customers in Bangladesh, 7% to customers based in India, and 37% to customers based in the rest of the world.
   
Sales by Product Type
Net sales by product type are as follows:
 Three Months Ended 
 
March 31,
(in millions)20242023
Sales by product type:
Phosphate Crop Nutrients$671.1 $896.5 
Potash Crop Nutrients682.6 1,015.3 
Crop Nutrient Blends352.2 653.4 
Performance Products(a)
466.8 540.5 
Phosphate Rock40.8 40.8 
Other(b)
465.9 457.8 
$2,679.4 $3,604.3 
____________________________________________
(a)Includes sales of MicroEssentials®, K-Mag® and Aspire®.
(b)Includes sales of industrial potash, feed products, nitrogen and other products.
   
Phosphates segment      
Segment Reporting Information [Line Items]      
Gross margin $ 159.4 259.3  
Canadian resource taxes 0.0 0.0  
Gross margin (excluding canadian resource taxes) 159.4 259.3  
Operating earnings (loss) 40.3 266.2  
Segment, Expenditure, Addition to Long-Lived Assets 197.7 141.7  
Depreciation, depletion and amortization expense 116.9 116.6  
Assets 10,437.0   10,295.9
Potash segment      
Segment Reporting Information [Line Items]      
Gross margin 211.7 413.3  
Canadian resource taxes 64.5 120.8  
Gross margin (excluding canadian resource taxes) 276.2 534.1  
Operating earnings (loss) 198.0 401.5  
Segment, Expenditure, Addition to Long-Lived Assets 96.7 92.8  
Depreciation, depletion and amortization expense 81.7 69.6  
Assets 8,628.4   8,971.9
Mosaic Fertilizantes segment      
Segment Reporting Information [Line Items]      
Gross margin 75.2 (1.1)  
Canadian resource taxes 0.0 0.0  
Gross margin (excluding canadian resource taxes) 75.2 (1.1)  
Operating earnings (loss) 42.0 (32.1)  
Segment, Expenditure, Addition to Long-Lived Assets 81.8 86.7  
Depreciation, depletion and amortization expense 40.0 31.6  
Assets 5,047.4   5,256.3
Corporate, other and intersegment eliminations      
Segment Reporting Information [Line Items]      
Gross margin [1] (47.1) (1.1)  
Canadian resource taxes [1] 0.0 0.0  
Gross margin (excluding canadian resource taxes) [1] (47.1) (1.1)  
Operating earnings (loss) [1] (107.4) (91.0)  
Segment, Expenditure, Addition to Long-Lived Assets [1] 6.8 0.3  
Depreciation, depletion and amortization expense [1] 2.5 2.2  
Assets [1] (1,239.8)   $ (1,491.3)
Product      
Segment Reporting Information [Line Items]      
Net Sales [2] 2,679.4 3,604.3  
Intersegment Sales 0.0 0.0  
Revenues 2,679.4 3,604.3  
Product | Phosphates segment      
Segment Reporting Information [Line Items]      
Net Sales 1,023.0 1,088.9  
Intersegment Sales 145.7 293.2  
Revenues 1,168.7 1,382.1  
Product | Potash segment      
Segment Reporting Information [Line Items]      
Net Sales 634.7 900.4  
Intersegment Sales 8.4 6.2  
Revenues 643.1 906.6  
Product | Mosaic Fertilizantes segment      
Segment Reporting Information [Line Items]      
Net Sales 886.4 1,343.3  
Intersegment Sales 0.0 0.0  
Revenues 886.4 1,343.3  
Product | Corporate, other and intersegment eliminations      
Segment Reporting Information [Line Items]      
Net Sales [1] 135.3 271.7  
Intersegment Sales [1] (154.1) (299.4)  
Revenues [1] (18.8) (27.7)  
Product | Corporate, other and intersegment eliminations | China and India distribution operations      
Segment Reporting Information [Line Items]      
Revenues 129.3 266.8  
Gross margin $ 7.6 $ (10.8)  
[1] The “Corporate, Eliminations and Other” category includes the results of our ancillary distribution operations in India and China. For the three months ended March 31, 2024, distribution operations in India and China collectively had revenue of $129.3 million, and gross margin of $7.6 million. For the three months ended March 31, 2023, distribution operations in India and China collectively had revenue of $266.8 million, and gross margin of $(10.8) million.
[2] Revenues are attributed to countries based on location of customer.