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Business Segments (Tables) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Dec. 31, 2024
[1]
Segment Reporting Information [Line Items]          
Net Sales $ 3,452.1 $ 2,810.9 $ 9,078.7 $ 8,306.9  
Gross margin 552.3 416.8 1,559.3 1,210.0  
Canadian resource taxes 86.8 44.5 195.8 175.8  
Gross margin (excluding canadian resource taxes) 639.1 461.3 1,755.1 1,385.8  
Operating earnings (loss) 339.8 115.4 922.7 521.6  
Segment, Expenditure, Addition to Long-Lived Assets 364.4 240.8      
Capital expenditures     1,009.8 957.7  
Depreciation, depletion and amortization expense 277.0 237.9 781.7 743.4  
Assets 24,667.5   $ 24,667.5   $ 22,924.0
Schedule of Segment Reporting Information    
Segment information for the three and nine months ended September 30, 2025 and 2024 was as follows:
PhosphatePotashMosaic Fertilizantes
Corporate, Eliminations and Other(a)
Total
Three months ended September 30, 2025
Net sales to external customers$1,046.7 $698.8 $1,592.2 $114.4 $3,452.1 
Intersegment net sales243.5 (4.0)— (239.5)— 
Net sales1,290.2 694.8 1,592.2 (125.1)3,452.1 
Cost of goods sold(b)
1,146.3 458.9 1,409.8 (115.2)2,899.8 
Gross margin143.9 235.9 182.4 (9.9)552.3 
Canadian resource taxes— 86.8 — — 86.8 
Gross margin (excluding Canadian resource taxes)143.9 322.7 182.4 (9.9)639.1 
Selling, general and administrative(c)
9.6 6.5 32.0 77.4 125.5 
Other operating expenses(d)
32.0 0.7 54.3 — 87.0 
Operating earnings (loss)102.3 228.7 96.1 (87.3)339.8 
Capital expenditures220.8 71.8 70.5 1.3 364.4 
Depreciation, depletion and amortization expense129.0 92.6 45.9 9.5 277.0 
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 
Cost of goods sold(b)
863.0 403.8 1,271.4 (144.1)2,394.1 
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 
Selling, general and administrative(c)
11.6 7.2 61.5 67.9 148.2 
Other operating expenses(d)
123.1 5.4 10.2 14.5 153.2 
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 
Nine months ended September 30, 2025
Net sales to external customers$2,996.1 $1,980.7 $3,700.9 $401.0 $9,078.7 
Intersegment net sales565.7 (5.2)— (560.5)— 
Net sales3,561.8 1,975.5 3,700.9 (159.5)9,078.7 
Cost of goods sold(b)
3,147.6 1,361.6 3,229.8 (219.6)7,519.4 
Gross margin414.2 613.9 471.1 60.1 1,559.3 
Canadian resource taxes— 195.8 — — 195.8 
Gross margin (excluding Canadian resource taxes)414.2 809.7 471.1 60.1 1,755.1 
Selling, general and administrative(c)
34.1 22.6 116.4 242.2 415.3 
Other operating expenses(d)
146.3 11.7 51.1 12.2 221.3 
Operating earnings (loss)233.8 579.6 303.6 (194.3)922.7 
Capital expenditures641.8 190.1 175.3 2.6 1,009.8 
Depreciation, depletion and amortization expense371.4 253.0 127.9 29.4 781.7 
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 
Cost of goods sold(b)
2,898.1 1,311.9 3,029.7 (142.8)7,096.9 
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 
Selling, general and administrative(c)
34.7 22.8 118.6 207.3 383.4 
Other operating expenses(d)
239.9 15.5 26.9 22.7 305.0 
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 
Total Assets(e)
As of September 30, 2025$9,798.8 $6,677.2 $5,285.7 $2,905.8 $24,667.5 
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 and nine months ended September 30, 2025, distribution operations in India and China collectively had revenue of $112.4 million and $392.3 million, respectively, and gross margin of $13.2 million and $53.2 million, respectively. 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. 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 
 
September 30,
Nine Months Ended 
 
September 30,
(in millions)2025202420252024
Net sales(a):
Brazil$1,527.5 $1,350.8 $3,586.1 $3,241.5 
Canpotex(b)
368.0 217.3 901.8 660.1 
China91.4 149.7 349.0 386.5 
Canada63.3 68.2 269.2 357.4 
Japan34.8 33.7 90.7 103.1 
Paraguay48.1 58.1 109.8 140.0 
Argentina70.8 28.4 135.2 69.9 
Australia22.8 21.1 44.4 38.0 
Colombia9.7 23.8 65.4 82.4 
Dominican Republic7.8 6.2 17.4 10.2 
Mexico17.6 9.8 23.7 39.4 
India21.9 31.3 34.6 50.5 
Peru17.5 20.2 61.7 39.2 
Honduras6.6 7.7 22.5 21.4 
Other15.3 30.9 49.9 54.6 
Total international countries2,323.1 2,057.2 5,761.4 5,294.2 
United States1,129.0 753.7 3,317.3 3,012.7 
Consolidated$3,452.1 $2,810.9 $9,078.7 $8,306.9 
______________________________
(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 
 
September 30,
Nine Months Ended 
 
September 30,
(in millions)2025202420252024
Sales by product type:
Phosphate Crop Nutrients$952.0 $810.4 $2,577.1 $2,201.0 
Potash Crop Nutrients888.0 656.8 2,145.9 2,171.2 
Crop Nutrient Blends413.4 361.9 1,022.4 1,022.0 
Performance Products(a)
729.6 620.5 1,986.2 1,602.0 
Phosphate Rock37.0 28.0 96.7 106.5 
Other(b)
432.1 333.3 1,250.4 1,204.2 
$3,452.1 $2,810.9 $9,078.7 $8,306.9 
____________________________________________
(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     $ 414.2 455.4  
Canadian resource taxes 0.0 0.0 0.0 0.0  
Gross margin (excluding canadian resource taxes) 143.9 142.3 414.2 455.4  
Operating earnings (loss) 102.3 7.6 233.8 180.8  
Segment, Expenditure, Addition to Long-Lived Assets 220.8 126.5      
Capital expenditures     641.8 501.1  
Depreciation, depletion and amortization expense 129.0 117.7 371.4 362.5  
Assets 9,798.8   9,798.8   9,419.5
Potash segment          
Segment Reporting Information [Line Items]          
Gross margin     613.9 520.0  
Canadian resource taxes 86.8 44.5 195.8 175.8  
Gross margin (excluding canadian resource taxes) 322.7 166.4 809.7 695.8  
Operating earnings (loss) 228.7 109.3 579.6 481.7  
Segment, Expenditure, Addition to Long-Lived Assets 71.8 61.2      
Capital expenditures     190.1 232.9  
Depreciation, depletion and amortization expense 92.6 68.4 253.0 244.0  
Assets 6,677.2   6,677.2   6,480.6
Mosaic Fertilizantes segment          
Segment Reporting Information [Line Items]          
Gross margin     471.1 304.9  
Canadian resource taxes 0.0 0.0 0.0 0.0  
Gross margin (excluding canadian resource taxes) 182.4 127.9 471.1 304.9  
Operating earnings (loss) 96.1 56.1 303.6 159.3  
Segment, Expenditure, Addition to Long-Lived Assets 70.5 51.6      
Capital expenditures     175.3 179.8  
Depreciation, depletion and amortization expense 45.9 39.9 127.9 120.0  
Assets 5,285.7   5,285.7   4,372.0
Corporate, other and intersegment eliminations          
Segment Reporting Information [Line Items]          
Gross margin     60.1 (70.3)  
Canadian resource taxes 0.0 0.0 0.0 0.0  
Gross margin (excluding canadian resource taxes) (9.9) 24.7 60.1 (70.3)  
Operating earnings (loss) (87.3) (57.6) (194.3) (300.2)  
Segment, Expenditure, Addition to Long-Lived Assets 1.3 1.5      
Capital expenditures     2.6 43.9  
Depreciation, depletion and amortization expense 9.5 11.9 29.4 16.9  
Assets 2,905.8   2,905.8   $ 2,651.9
Product          
Segment Reporting Information [Line Items]          
Net Sales [2] 3,452.1 2,810.9 9,078.7 8,306.9  
Intersegment Sales 0.0 0.0 0.0 0.0  
Revenues 3,452.1 2,810.9 9,078.7 8,306.9  
Gross margin 552.3 416.8      
Product | Phosphates segment          
Segment Reporting Information [Line Items]          
Net Sales 1,046.7 776.7 2,996.1 2,788.9  
Intersegment Sales 243.5 228.6 565.7 564.6  
Revenues 1,290.2 1,005.3 3,561.8 3,353.5  
Gross margin 143.9 142.3      
Product | Potash segment          
Segment Reporting Information [Line Items]          
Net Sales 698.8 521.7 1,980.7 1,811.5  
Intersegment Sales (4.0) 4.0 (5.2) 20.4  
Revenues 694.8 525.7 1,975.5 1,831.9  
Gross margin 235.9 121.9      
Product | Mosaic Fertilizantes segment          
Segment Reporting Information [Line Items]          
Net Sales 1,592.2 1,399.2 3,700.9 3,334.5  
Intersegment Sales 0.0 0.0 0.0 0.0  
Revenues 1,592.2 1,399.2 3,700.9 3,334.5  
Gross margin 182.4 127.9      
Product | Corporate, other and intersegment eliminations          
Segment Reporting Information [Line Items]          
Net Sales 114.4 113.3 401.0 372.0  
Intersegment Sales (239.5) (232.6) (560.5) (585.0)  
Revenues (125.1) (119.3) (159.5) (213.0)  
Gross margin (9.9) 24.7      
Product | Corporate, other and intersegment eliminations | China and India distribution operations          
Segment Reporting Information [Line Items]          
Revenues 112.4 111.1 392.3 361.2  
Gross margin $ 13.2 $ 15.9 $ 53.2 $ 25.9  
[1] 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
[2] Revenues are attributed to countries based on location of customer.