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Condensed Consolidated Statements of Earnings (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Net Sales $ 2,810.9 $ 3,548.3 $ 8,306.9 $ 10,546.6
Cost of goods sold 2,394.1 3,138.7 7,096.9 8,895.5
Gross margin 416.8 409.6 1,210.0 1,651.1
Selling, general and administrative expenses 148.2 119.9 383.4 377.5
Other operating expense 153.2 143.9 305.0 214.0
Operating earnings 115.4 145.8 521.6 1,059.6
Interest expense, net (41.7) (17.4) (136.1) (94.5)
Foreign currency transaction gain (loss) 100.9 (96.9) (267.3) 103.0
Other (expense) income (0.4) (50.1) 6.8 (66.1)
Earnings (loss) from consolidated companies before income taxes 174.2 (18.6) 125.0 1,002.0
Provision for (benefit from) income taxes 48.0 (5.9) 152.9 220.8
Earnings (loss) from consolidated companies 126.2 (12.7) (27.9) 781.2
Income (Loss) from Subsidiaries, Net of Tax 4.5 15.8 64.2 60.0
Net earnings including noncontrolling interests (130.7) (3.1) (36.3) (841.2)
Less: Net earnings attributable to noncontrolling interests 8.5 7.3 30.4 41.6
Net earnings (loss) attributable to Mosaic $ 122.2 $ (4.2) $ 5.9 $ 799.6
Basic net earnings (loss) per share attributable to Mosaic $ 0.38 $ (0.01) $ 0.02 $ 2.40
Basic weighted average number of shares outstanding 318.4 331.5 320.6 333.0
Diluted net earnings (loss) per share attributable to Mosaic $ 0.38 $ (0.01) $ 0.02 $ 2.39
Diluted weighted average number of shares outstanding 319.4 331.5 321.6 335.1