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Subsequent Events
9 Months Ended
Sep. 30, 2025
Subsequent Events [Abstract]  
Subsequent Events Assets Held for Sale
On August 12, 2025, we entered into an agreement to sell our interest in the Taquari potash mine in Brazil that was acquired as part of the Acquisition, for proceeds of up to $27 million. During the three months ended September 30, 2025, an impairment loss of approximately $73 million and is included in Other Operating Expense in our Condensed Consolidated Statement of Earnings. The fair value used to determine the impairment loss was based on the expected proceeds described in the agreement (a level three fair value measurement as it is subject to working capital adjustments). The related assets and liabilities are considered held for sale and included in Other Current Assets and Other Current Liabilities, respectively on the Condensed Consolidated Balance Sheet at September 30, 2025. The sale was completed on November 3, 2025.
After quarter-end, on October 3, 2025, we completed the sale of our idled Patos de Minas phosphate mining unit in Brazil. Under terms of the agreement, we will receive $111 million, with $51 million received at closing and the balance of the purchase price to be paid in installments over the next four years. The related assets are considered held for sale and included in other current assets and other current liabilities on the Condensed Consolidated Balance Sheet at September 30, 2025. There was no impairment loss recorded on these assets due to an anticipated gain on the transaction.