v3.25.2
Condensed Consolidated Statements of Earnings (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Net Sales $ 3,005.7 $ 2,816.6 $ 5,626.6 $ 5,496.0
Cost of goods sold 2,487.1 2,422.6 4,619.6 4,702.8
Gross margin 518.6 394.0 1,007.0 793.2
Selling, general and administrative expenses 167.2 128.4 289.8 235.2
Other operating expense 107.0 32.3 134.3 151.8
Operating earnings 244.4 233.3 582.9 406.2
Interest expense, net (53.0) (46.4) (93.7) (94.4)
Foreign currency transaction gain (loss) 169.4 (267.9) 302.5 (368.2)
Other income (expense) 203.5 6.6 85.4 7.2
Earnings (loss) from consolidated companies before income taxes 564.3 (74.4) 877.1 (49.2)
Provision for income taxes 146.0 98.7 209.3 104.9
Earnings (loss) from consolidated companies 418.3 (173.1) 667.8 (154.1)
Income (Loss) from Subsidiaries, Net of Tax 1.4 22.2 1.9 59.7
Net earnings (loss) including noncontrolling interests (419.7) 150.9 (669.7) 94.4
Less: Net earnings attributable to noncontrolling interests 9.0 10.6 20.9 21.9
Net earnings (loss) attributable to Mosaic $ 410.7 $ (161.5) $ 648.8 $ (116.3)
Basic net earnings (loss) per share attributable to Mosaic $ 1.29 $ (0.50) $ 2.05 $ (0.36)
Basic weighted average number of shares outstanding 317.3 321.2 317.1 321.7
Diluted net earnings (loss) per share attributable to Mosaic $ 1.29 $ (0.50) $ 2.04 $ (0.36)
Diluted weighted average number of shares outstanding 319.0 321.2 318.5 321.7