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Business Segments (Tables) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Dec. 31, 2023
Segment Reporting Information [Line Items]          
Net Sales $ 2,810.9 $ 3,548.3 $ 8,306.9 $ 10,546.6  
Gross margin 416.8 409.6 1,210.0 1,651.1  
Canadian resource taxes 44.5 85.6 175.8 301.4  
Gross margin (excluding canadian resource taxes) 461.3 495.2 1,385.8 1,952.5  
Operating earnings (loss) 115.4 145.8 521.6 1,059.6  
Segment, Expenditure, Addition to Long-Lived Assets 240.8 411.7      
Capital expenditures     957.7 1,043.5  
Depreciation, depletion and amortization expense 237.9 238.7 743.4 702.9  
Assets 23,291.7   $ 23,291.7   $ 23,032.8
Schedule of Segment Reporting Information    
Segment information for the three and nine months ended September 30, 2024 and 2023 was as follows:
PhosphatePotashMosaic Fertilizantes
Corporate, Eliminations and Other(a)
Total
Three months ended September 30, 2024
Net sales to external customers$776.7 $521.7 $1,399.2 $113.3 $2,810.9 
Intersegment net sales228.6 4.0 — (232.6)— 
Net sales1,005.3 525.7 1,399.2 (119.3)2,810.9 
Gross margin142.3 121.9 127.9 24.7 416.8 
Canadian resource taxes— 44.5 — — 44.5 
Gross margin (excluding Canadian resource taxes)142.3 166.4 127.9 24.7 461.3 
Operating earnings (loss)7.6 109.3 56.1 (57.6)115.4 
Capital expenditures126.5 61.2 51.6 1.5 240.8 
Depreciation, depletion and amortization expense117.7 68.4 39.9 11.9 237.9 
Three months ended September 30, 2023
Net sales to external customers$898.8 $713.4 $1,730.6 $205.5 $3,548.3 
Intersegment net sales87.6 6.5 — (94.1)— 
Net sales986.4 719.9 1,730.6 111.4 3,548.3 
Gross margin87.5 210.3 106.1 5.7 409.6 
Canadian resource taxes— 85.6 — — 85.6 
Gross margin (excluding Canadian resource taxes)87.5 295.9 106.1 5.7 495.2 
Operating earnings (loss)(57.5)200.0 77.3 (74.0)145.8 
Capital expenditures157.3 84.5 117.7 52.2 411.7 
Depreciation, depletion and amortization expense116.5 65.8 53.9 2.5 238.7 
Nine months ended September 30, 2024
Net sales to external customers$2,788.9 $1,811.5 $3,334.5 $372.0 $8,306.9 
Intersegment net sales564.6 20.4 — (585.0)— 
Net sales3,353.5 1,831.9 3,334.5 (213.0)8,306.9 
Gross margin455.4 520.0 304.9 (70.3)1,210.0 
Canadian resource taxes— 175.8 — — 175.8 
Gross margin (excluding Canadian resource taxes)455.4 695.8 304.9 (70.3)1,385.8 
Operating earnings (loss)180.8 481.7 159.3 (300.2)521.6 
Capital expenditures501.1 232.9 179.8 43.9 957.7 
Depreciation, depletion and amortization expense362.5 244.0 120.0 16.9 743.4 
Nine months ended September 30, 2023
Net sales to external customers$2,951.7 $2,449.7 $4,492.7 $652.5 $10,546.6 
Intersegment net sales702.5 25.5 — (728.0)— 
Net sales3,654.2 2,475.2 4,492.7 (75.5)10,546.6 
Gross margin563.0 959.7 117.8 10.6 1,651.1 
Canadian resource taxes— 301.4 — — 301.4 
Gross margin (excluding Canadian resource taxes)563.0 1,261.1 117.8 10.6 1,952.5 
Operating earnings (loss)354.9 929.3 25.1 (249.7)1,059.6 
Capital expenditures418.3 251.5 267.6 106.1 1,043.5 
Depreciation, depletion and amortization expense362.1 209.8 123.3 7.7 702.9 
Total Assets
As of September 30, 2024$11,214.4 $7,467.5 $5,202.6 $(592.8)$23,291.7 
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 and nine months ended September 30, 2024, distribution operations in India and China collectively had revenue of $111.1 million and $361.2 million, respectively, and gross margin of $15.9 million and $25.9 million, respectively. For the three and nine months ended September 30, 2023, distribution operations in India and China collectively had revenue of $204.1 million and $642.6 million, respectively, and gross margin of $12.4 million and $(42.7) million, respectively.
   
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 
 
September 30,
Nine Months Ended 
 
September 30,
(in millions)2024202320242023
Net sales(a):
Brazil$1,350.8 $1,659.3 $3,241.5 $4,327.2 
Canpotex(b)
217.3 209.9 660.1 942.0 
China149.7 123.8 386.5 358.6 
Canada68.2 58.8 357.4 274.7 
Paraguay58.1 80.2 140.0 177.0 
Japan33.7 33.1 103.1 131.1 
India31.3 80.3 50.5 291.2 
Argentina28.4 27.2 69.9 70.3 
Colombia23.8 16.8 82.4 79.2 
Australia21.1 20.4 38.0 47.8 
Peru20.2 30.2 39.2 52.2 
Mexico9.8 27.7 39.4 118.8 
Honduras7.7 4.9 21.4 25.2 
Dominican Republic6.2 2.0 10.2 13.1 
Other30.9 18.8 54.6 54.7 
Total international countries2,057.2 2,393.4 5,294.2 6,963.1 
United States753.7 1,154.9 3,012.7 3,583.5 
Consolidated$2,810.9 $3,548.3 $8,306.9 $10,546.6 
______________________________
(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 
 
September 30,
Nine Months Ended 
 
September 30,
(in millions)2024202320242023
Sales by product type:
Phosphate Crop Nutrients$810.4 $876.3 $2,201.0 $2,601.2 
Potash Crop Nutrients656.8 1,087.1 2,171.2 3,107.4 
Crop Nutrient Blends361.9 556.4 1,022.0 1,633.0 
Performance Products(a)
620.5 624.5 1,602.0 1,855.4 
Phosphate Rock28.0 36.9 106.5 125.9 
Other(b)
333.3 367.1 1,204.2 1,223.7 
$2,810.9 $3,548.3 $8,306.9 $10,546.6 
____________________________________________
(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 142.3 87.5 $ 455.4 563.0  
Canadian resource taxes 0.0 0.0 0.0 0.0  
Gross margin (excluding canadian resource taxes) 142.3 87.5 455.4 563.0  
Operating earnings (loss) 7.6 (57.5) 180.8 354.9  
Segment, Expenditure, Addition to Long-Lived Assets 126.5 157.3      
Capital expenditures     501.1 418.3  
Depreciation, depletion and amortization expense 117.7 116.5 362.5 362.1  
Assets 11,214.4   11,214.4   10,295.9
Potash segment          
Segment Reporting Information [Line Items]          
Gross margin 121.9 210.3 520.0 959.7  
Canadian resource taxes 44.5 85.6 175.8 301.4  
Gross margin (excluding canadian resource taxes) 166.4 295.9 695.8 1,261.1  
Operating earnings (loss) 109.3 200.0 481.7 929.3  
Segment, Expenditure, Addition to Long-Lived Assets 61.2 84.5      
Capital expenditures     232.9 251.5  
Depreciation, depletion and amortization expense 68.4 65.8 244.0 209.8  
Assets 7,467.5   7,467.5   8,971.9
Mosaic Fertilizantes segment          
Segment Reporting Information [Line Items]          
Gross margin 127.9 106.1 304.9 117.8  
Canadian resource taxes 0.0 0.0 0.0 0.0  
Gross margin (excluding canadian resource taxes) 127.9 106.1 304.9 117.8  
Operating earnings (loss) 56.1 77.3 159.3 25.1  
Segment, Expenditure, Addition to Long-Lived Assets 51.6 117.7      
Capital expenditures     179.8 267.6  
Depreciation, depletion and amortization expense 39.9 53.9 120.0 123.3  
Assets 5,202.6   5,202.6   5,256.3
Corporate, other and intersegment eliminations          
Segment Reporting Information [Line Items]          
Gross margin [1] 24.7 5.7 (70.3) 10.6  
Canadian resource taxes [1] 0.0 0.0 0.0 0.0  
Gross margin (excluding canadian resource taxes) [1] 24.7 5.7 (70.3) 10.6  
Operating earnings (loss) [1] (57.6) (74.0) (300.2) (249.7)  
Segment, Expenditure, Addition to Long-Lived Assets [1] 1.5 52.2      
Capital expenditures [1]     43.9 106.1  
Depreciation, depletion and amortization expense [1] 11.9 2.5 16.9 7.7  
Assets [1] (592.8)   (592.8)   $ (1,491.3)
Product          
Segment Reporting Information [Line Items]          
Net Sales [2] 2,810.9 3,548.3 8,306.9 10,546.6  
Intersegment Sales 0.0 0.0 0.0 0.0  
Revenues 2,810.9 3,548.3 8,306.9 10,546.6  
Product | Phosphates segment          
Segment Reporting Information [Line Items]          
Net Sales 776.7 898.8 2,788.9 2,951.7  
Intersegment Sales 228.6 87.6 564.6 702.5  
Revenues 1,005.3 986.4 3,353.5 3,654.2  
Product | Potash segment          
Segment Reporting Information [Line Items]          
Net Sales 521.7 713.4 1,811.5 2,449.7  
Intersegment Sales 4.0 6.5 20.4 25.5  
Revenues 525.7 719.9 1,831.9 2,475.2  
Product | Mosaic Fertilizantes segment          
Segment Reporting Information [Line Items]          
Net Sales 1,399.2 1,730.6 3,334.5 4,492.7  
Intersegment Sales 0.0 0.0 0.0 0.0  
Revenues 1,399.2 1,730.6 3,334.5 4,492.7  
Product | Corporate, other and intersegment eliminations          
Segment Reporting Information [Line Items]          
Net Sales [1] 113.3 205.5 372.0 652.5  
Intersegment Sales [1] (232.6) (94.1) (585.0) (728.0)  
Revenues [1] (119.3) 111.4 (213.0) (75.5)  
Product | Corporate, other and intersegment eliminations | China and India distribution operations          
Segment Reporting Information [Line Items]          
Revenues 111.1 204.1 361.2 642.6  
Gross margin $ 15.9 $ 12.4 $ 25.9 $ (42.7)  
[1] 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, 2024, distribution operations in India and China collectively had revenue of $111.1 million and $361.2 million, respectively, and gross margin of $15.9 million and $25.9 million, respectively. For the three and nine months ended September 30, 2023, distribution operations in India and China collectively had revenue of $204.1 million and $642.6 million, respectively, and gross margin of $12.4 million and $(42.7) million, respectively.
[2] Revenues are attributed to countries based on location of customer.