v3.26.1
Business Segments (Details)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2026
USD ($)
Jun. 30, 2025
USD ($)
Jun. 30, 2026
USD ($)
financialinstitution
Jun. 30, 2025
USD ($)
Dec. 31, 2025
USD ($)
Disaggregation of Revenue [Line Items]          
Net sales [1] $ 2,824.1 $ 3,005.7 $ 5,822.1 $ 5,626.6  
Intersegment net sales 0.0 0.0 0.0 0.0  
Net sales 2,824.1 3,005.7 5,822.1 5,626.6  
Cost of goods sold [2] 2,609.4 2,487.1 5,371.8 4,619.6  
Gross margin 214.7 518.6 450.3 1,007.0  
Canadian resource taxes 70.4 61.7 137.2 109.0  
Gross margin (excluding Canadian resource taxes) 285.1 580.3 587.5 1,116.0  
Selling, general and administrative expenses [3] 131.6 167.2 267.5 289.8  
Loss on assets sold and to be sold 6.2 0.0 238.8 0.0  
Other operating expense [4] 112.4 107.0 352.4 134.3  
Operating earnings (loss) (35.5) 244.4 (408.4) 582.9  
Capital expenditures 320.3 304.6 677.1 645.4  
Depreciation, depletion and amortization 292.1 261.7 608.7 504.7  
Assets 24,640.7   $ 24,640.7   $ 24,480.1
Number of Reportable Segments | financialinstitution     3    
Phosphate          
Disaggregation of Revenue [Line Items]          
Net sales 968.7 984.6 $ 2,180.5 1,949.4  
Intersegment net sales 277.6 188.4 491.8 322.2  
Net sales 1,246.3 1,173.0 2,672.3 2,271.6  
Cost of goods sold [2] 1,250.8 1,070.0 2,673.4 2,001.3  
Gross margin (4.5) 103.0 (1.1) 270.3  
Canadian resource taxes 0.0 0.0 0.0 0.0  
Gross margin (excluding Canadian resource taxes) (4.5) 103.0 (1.1) 270.3  
Selling, general and administrative expenses [3] 12.2 12.4 25.1 24.5  
Loss on assets sold and to be sold 0.0   0.0    
Other operating expense [4] 87.1 98.5 125.5 114.3  
Operating earnings (loss) (103.8) (7.9) (151.7) 131.5  
Capital expenditures 201.2 184.7 423.2 421.0  
Depreciation, depletion and amortization 132.5 129.2 283.5 242.4  
Assets 10,196.8   10,196.8   10,239.0
Other Nonrecurring Expense 69.0   69.0    
Potash          
Disaggregation of Revenue [Line Items]          
Net sales 639.7 711.7 1,311.1 1,281.9  
Intersegment net sales 10.6 (1.2) 6.6 (1.2)  
Net sales 650.3 710.5 1,317.7 1,280.7  
Cost of goods sold [2] 443.0 501.1 919.1 902.7  
Gross margin 207.3 209.4 398.6 378.0  
Canadian resource taxes 70.4 61.7 137.2 109.0  
Gross margin (excluding Canadian resource taxes) 277.7 271.1 535.8 487.0  
Selling, general and administrative expenses [3] 6.8 8.3 15.4 16.1  
Loss on assets sold and to be sold 1.7   1.7    
Other operating expense [4] 3.3 6.9 9.1 11.0  
Operating earnings (loss) 195.5 194.1 372.4 350.9  
Capital expenditures 67.8 73.2 116.5 118.3  
Depreciation, depletion and amortization 76.3 79.4 166.1 160.4  
Assets 6,262.7   6,262.7   6,610.6
Mosaic Fertilizantes          
Disaggregation of Revenue [Line Items]          
Net sales 1,033.8 1,174.9 1,970.9 2,108.7  
Intersegment net sales 0.0 0.0 0.0 0.0  
Net sales 1,033.8 1,174.9 1,970.9 2,108.7  
Cost of goods sold [2] 1,027.6 1,013.2 1,930.1 1,820.0  
Gross margin 6.2 161.7 40.8 288.7  
Canadian resource taxes 0.0 0.0 0.0 0.0  
Gross margin (excluding Canadian resource taxes) 6.2 161.7 40.8 288.7  
Selling, general and administrative expenses [3] 32.1 61.2 68.2 84.4  
Loss on assets sold and to be sold 0.0   232.6    
Other operating expense [4] 14.9 (8.5) 202.9 (3.2)  
Operating earnings (loss) (40.8) 109.0 (462.9) 207.5  
Capital expenditures 47.4 45.6 132.9 104.8  
Depreciation, depletion and amortization 73.9 43.9 139.8 82.0  
Assets 4,983.5   4,983.5   4,618.5
Corporate, Eliminations and Other          
Disaggregation of Revenue [Line Items]          
Net sales 181.9 134.5 359.6 286.6  
Intersegment net sales (288.2) (187.2) (498.4) (321.0)  
Net sales (106.3) (52.7) (138.8) (34.4)  
Cost of goods sold [2] (112.0) (97.2) (150.8) (104.4)  
Gross margin 5.7 44.5 12.0 70.0  
Canadian resource taxes 0.0 0.0 0.0 0.0  
Gross margin (excluding Canadian resource taxes) 5.7 44.5 12.0 70.0  
Selling, general and administrative expenses [3] 80.5 85.3 158.8 164.8  
Loss on assets sold and to be sold 4.5   4.5    
Other operating expense [4] 7.1 10.1 14.9 12.2  
Operating earnings (loss) (86.4) (50.8) (166.2) (107.0)  
Capital expenditures 3.9 1.1 4.5 1.3  
Depreciation, depletion and amortization 9.4 9.2 19.3 19.9  
Assets 3,197.7   3,197.7   $ 3,012.0
Corporate, Eliminations and Other | China and India          
Disaggregation of Revenue [Line Items]          
Net sales 179.9 132.4 356.9 279.9  
Gross margin $ 20.1 $ 19.7 $ 41.6 $ 40.0  
[1] Revenues are attributed to countries based on location of customer.
[2] The primary components of cost of goods sold are raw material purchases, including sulfur and ammonia, conversion costs and transportation costs.
[3] Selling, general and administrative expenses include nonmanufacturing payroll expense and professional services expense.
[4] 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. For the three and six months ended June 30, 2026, this includes the write-off of $69 million recorded in the Phosphate segment related to engineering and equipment costs for a project that we decided not to move forward with. For the six months ended June 30, 2026, this also includes expenses such as contract terminations, the write-off of property, plant and equipment and inventory, and severance costs as a result of the decision to divest of the Araxá mining and chemical complex and idle the related mining activities at the Patrocínio complex in Brazil that are recorded in the Mosaic Fertilizantes segment.