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Business Segments (Tables) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Dec. 31, 2024
[1]
Segment Reporting Information [Line Items]      
Net Sales $ 2,620.9 $ 2,679.4  
Gross margin 488.4 399.2  
Canadian resource taxes 47.3 64.5  
Gross margin (excluding canadian resource taxes) 535.7 463.7  
Operating earnings (loss) 338.5 172.9  
Segment, Expenditure, Addition to Long-Lived Assets 340.8 383.0  
Capital expenditures 340.8 383.0  
Depreciation, depletion and amortization expense 243.0 241.1  
Assets $ 23,165.7   $ 22,924.0
Schedule of Segment Reporting Information
Segment information for the three months ended March 31, 2025 and 2024 was as follows:
PhosphatePotashMosaic Fertilizantes
Corporate, Eliminations and Other(a)
Total
Three months ended March 31, 2025
Net sales to external customers$964.8 $570.2 $933.8 $152.1 $2,620.9 
Intersegment net sales133.8 — — (133.8)— 
Net sales1,098.6 570.2 933.8 18.3 2,620.9 
Cost of goods sold(b)
931.3 401.6 806.8 (7.2)2,132.5 
Gross margin167.3 168.6 127.0 25.5 488.4 
Canadian resource taxes— 47.3 — — 47.3 
Gross margin (excluding Canadian resource taxes)167.3 215.9 127.0 25.5 535.7 
Selling, general and administrative(c)
12.1 7.8 23.2 79.5 122.6 
Other operating expenses(d)
15.8 4.1 5.3 2.1 27.3 
Operating earnings (loss)139.4 156.8 98.5 (56.2)338.5 
Capital expenditures236.3 45.1 59.2 0.2 340.8 
Depreciation, depletion and amortization expense113.2 81.0 38.1 10.7 243.0 
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 
Cost of goods sold(b)
1,009.3 431.4 811.2 28.3 2,280.2 
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 
Selling, general and administrative(c)
12.8 8.5 29.9 55.6 106.8 
Other operating expenses(d)
106.3 5.2 3.3 4.7 119.5 
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 
Total Assets(e)
As of March 31, 2025$9,497.3 $6,517.3 $4,697.8 $2,453.3 $23,165.7 
As of December 31, 20249,419.5 6,480.6 4,372.0 2,651.9 22,924.0 

______________________________
(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, 2025, distribution operations in India and China collectively had revenue of $147.4 million and gross margin of $20.3 million. 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. These operations do not meet the quantitative thresholds for determining reportable segments.
(b)The primary components of cost of goods sold are raw material purchases, including sulfur and ammonia, conversion costs and transportation costs.
(c)Selling, general and administrative expenses include nonmanufacturing payroll expense and professional services expense.
(d)Other operating expenses typically relate to five major categories: (1) AROs, (2) environmental and legal reserves, (3) idle facility costs, (4) insurance reimbursements, and (5) gain/loss on sale or disposal of fixed assets.
(e)In 2025, the information about segment assets regularly provided to and reviewed by our CODM, was revised to no longer include intercompany assets and segment cash and to include an allocation of certain fixed assets from Corporate to the Phosphate and Potash segments. As a result, the December 31, 2024 balances have been recast to reflect these changes.
   
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)20252024
Net sales(a):
Brazil$907.0 $852.8 
Canpotex(b)
215.5 220.8 
China136.4 124.0 
Canada124.9 142.0 
Japan32.1 41.3 
Paraguay28.6 36.9 
Argentina24.1 11.2 
Australia20.7 16.9 
Colombia20.4 32.6 
Dominican Republic8.5 — 
Mexico5.9 22.4 
India5.7 7.2 
Peru4.1 11.6 
Honduras3.5 5.0 
Other20.7 10.5 
Total international countries1,558.1 1,535.2 
United States1,062.8 1,144.2 
Consolidated$2,620.9 $2,679.4 
______________________________
(a)Revenues are attributed to countries based on location of customer.
(b)Canpotex sales to the ultimate third-party customers are made to customers in various countries. The countries with the largest portion of third-party customer sales are Brazil, China, India and Indonesia.
   
Sales by Product Type
Net sales by product type are as follows:
 Three Months Ended 
 
March 31,
(in millions)20252024
Sales by product type:
Phosphate Crop Nutrients$720.3 $671.1 
Potash Crop Nutrients507.4 682.6 
Crop Nutrient Blends340.1 352.2 
Performance Products(a)
497.8 466.8 
Phosphate Rock119.9 40.8 
Other(b)
435.4 465.9 
$2,620.9 $2,679.4 
____________________________________________
(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]      
Canadian resource taxes $ 0.0 0.0  
Gross margin (excluding canadian resource taxes) 167.3 159.4  
Operating earnings (loss) 139.4 40.3  
Segment, Expenditure, Addition to Long-Lived Assets 236.3 197.7  
Depreciation, depletion and amortization expense 113.2 116.9  
Assets 9,497.3   9,419.5
Potash segment      
Segment Reporting Information [Line Items]      
Canadian resource taxes 47.3 64.5  
Gross margin (excluding canadian resource taxes) 215.9 276.2  
Operating earnings (loss) 156.8 198.0  
Segment, Expenditure, Addition to Long-Lived Assets 45.1 96.7  
Depreciation, depletion and amortization expense 81.0 81.7  
Assets 6,517.3   6,480.6
Mosaic Fertilizantes segment      
Segment Reporting Information [Line Items]      
Canadian resource taxes 0.0 0.0  
Gross margin (excluding canadian resource taxes) 127.0 75.2  
Operating earnings (loss) 98.5 42.0  
Segment, Expenditure, Addition to Long-Lived Assets 59.2 81.8  
Depreciation, depletion and amortization expense 38.1 40.0  
Assets 4,697.8   4,372.0
Corporate, other and intersegment eliminations      
Segment Reporting Information [Line Items]      
Canadian resource taxes 0.0 0.0  
Gross margin (excluding canadian resource taxes) 25.5 (47.1)  
Operating earnings (loss) (56.2) (107.4)  
Segment, Expenditure, Addition to Long-Lived Assets 0.2 6.8  
Depreciation, depletion and amortization expense 10.7 2.5  
Assets 2,453.3   $ 2,651.9
Product      
Segment Reporting Information [Line Items]      
Net Sales [2] 2,620.9 2,679.4  
Intersegment Sales 0.0 0.0  
Revenues 2,620.9 2,679.4  
Gross margin 488.4 399.2  
Product | Phosphates segment      
Segment Reporting Information [Line Items]      
Net Sales 964.8 1,023.0  
Intersegment Sales 133.8 145.7  
Revenues 1,098.6 1,168.7  
Gross margin 167.3 159.4  
Product | Potash segment      
Segment Reporting Information [Line Items]      
Net Sales 570.2 634.7  
Intersegment Sales 0.0 8.4  
Revenues 570.2 643.1  
Gross margin 168.6 211.7  
Product | Mosaic Fertilizantes segment      
Segment Reporting Information [Line Items]      
Net Sales 933.8 886.4  
Intersegment Sales 0.0 0.0  
Revenues 933.8 886.4  
Gross margin 127.0 75.2  
Product | Corporate, other and intersegment eliminations      
Segment Reporting Information [Line Items]      
Net Sales 152.1 135.3  
Intersegment Sales (133.8) (154.1)  
Revenues 18.3 (18.8)  
Gross margin 25.5 (47.1)  
Product | Corporate, other and intersegment eliminations | China and India distribution operations      
Segment Reporting Information [Line Items]      
Revenues 147.4 129.3  
Gross margin $ 20.3 $ 7.6  
[1] CODM, was revised to no longer include intercompany assets and segment cash and to include an allocation of certain fixed assets from Corporate to the Phosphate and Potash segments. As a result, the December 31, 2024 balances have been recast to reflect these changes.
[2] Revenues are attributed to countries based on location of customer.