← Filings of MOS
Tables in the 10-K of MOSAIC CO
88 tables with numbers, filed Mar 13, 2019. Each one downloads as an Excel file or a CSV (numbers are stored as numbers),
with the filing's address in the last row. Only the layout is tidied (a "$" or ")" in a cell of its own is joined to its number); no value is changed.
Open the filing on sec.gov ↗
Table 1 after “FORM 10-K CONTENTS”
| Part I: | | Page |
| Item 1. | Business | 1 |
| • Overview | 1 |
| • Business Segment Information | 3 |
| • Sales and Distribution Activities | 22 |
| • Competition | 23 |
| • Factors Affecting Demand | 24 |
| • Other Matters | 25 |
First 8 of 34 rows. The download has all of them.
Table 2 after “are listed below:”
| (tonnes in millions) | Phosphoric Acid | Processed Phosphate(a)/DAP/MAP/ MicroEssentials®/Feed Phosphate | | | | |
| Operational Capacity(b) | | | Operational Capacity(b) | | |
| Facility | Production(c) | Production(c) | | | | |
| Florida: | | | | | | |
| Bartow | 0.9 | | 1.0 | | 2.3 | 2.3 |
| New Wales | 1.7 | | 1.5 | | 4.1 | 3.2 |
| Riverview | 0.9 | | 0.8 | | 1.7 | 1.6 |
| Plant City(d) | 1.0 | | — | | 2.0 | — |
First 8 of 14 rows. The download has all of them.
Table 3 after “, and 2016:”
| (tonnes inmillions) | AnnualOperationalCapacity(a)(b) | 2018 | | 2017 | 2016 | | | | | | | | | | | |
| Facility | Production(b) | AverageBPL(c) | | % P2O5(d) | Production(b) | AverageBPL(c) | | %P2O5(d) | Production(b) | AverageBPL(c) | | %P2O5(d) | | | | |
| Four Corners(f) | 7.0 | | 6.9 | | 62.2 | | 28.5 | | 6.4 | | 62.4 | | 28.5 | 5.3 | 63.2 | 28.9 |
| South Fort Meade | 5.5 | | 4.2 | | 63.1 | | 28.9 | | 4.4 | | 63.6 | | 29.1 | 4.2 | 63.0 | 28.8 |
| South Pasture(e) | 3.2 | | 1.5 | | 62.5 | | 28.6 | | 2.8 | | 62.6 | | 28.6 | 3.4 | 62.5 | 28.6 |
| Wingate | 1.5 | | 1.6 | | 61.3 | | 28.1 | | 1.4 | | 62.5 | | 28.6 | 1.3 | 63.1 | 28.9 |
| North America | 17.2 | | 14.2 | | 62.4 | | 28.6 | | 15.0 | | 62.8 | | 28.7 | 14.2 | 63.0 | 28.8 |
| Miski Mayo(g) (h) | 4.0 | | 4.1 | | 64.9 | | 29.7 | | — | | — | | — | — | — | — |
First 8 of 9 rows. The download has all of them.
| (tonnes in millions) | Reserve Tonnes (a)(b)(c) | AverageBPL(d) | | %P2O5 | |
| Active Mines | | | | | |
| Four Corners(f) | 84.4 | | 64.3 | | 29.4 |
| South Fort Meade | 14.0 | | 62.4 | | 28.5 |
| Wingate | 28.7 | | 63.0 | | 28.9 |
| Miski Mayo(g) | 93.8 | | 65.7 | | 30.1 |
| Total Active Mines | 220.9 | | 64.6 | | 29.6 |
| Temporarily Idled | | | | | |
First 8 of 14 rows. The download has all of them.
| (tonnes in millions) | | | | 2018 | 2017 | 2016 | | | | | | | | | | | | |
| Facility | AnnualizedProvenPeakingCapacity(a)(c)(d) | AnnualOperationalCapacity(a)(b)(d)(e) | | OreMined | Grade%K2O(f) | FinishedProduct(b) | | OreMined | Grade%K2O(f) | FinishedProduct(b) | | OreMined | Grade%K2O(f) | Finished Product(b) | | | | |
| Canada | | | | | | | | | | | | | | | | | | |
| Belle Plaine—MOP | 3.9 | | 3.0 | | 10.6 | | 18.0 | | 2.8 | | 10.2 | | 18.0 | | 2.7 | 9.0 | 18.0 | 2.4 |
| Colonsay—MOP(g) (h) | 2.6 | | 1.5 | | 3.4 | | 26.8 | | 1.2 | | 3.4 | | 24.4 | | 1.1 | 1.6 | 25.7 | 0.5 |
| Esterhazy—MOP | 6.3 | | 5.3 | | 13.9 | | 23.7 | | 4.6 | | 13.1 | | 24.0 | | 4.3 | 12.6 | 24.4 | 4.2 |
| Canadian Total | 12.8 | | 9.8 | | 27.9 | | 21.9 | | 8.6 | | 26.7 | | 21.7 | | 8.1 | 23.2 | 22.0 | 7.1 |
| United States | | | | | | | | | | | | | | | | | | |
First 8 of 11 rows. The download has all of them.
Table 6 after “Our potash mineral rights in the Province of Saskatchewan consist of the following:”
| Belle Plaine | Colonsay | | Esterhazy | Total | |
| Acres under control | | | | | | |
| Owned in fee | 16,270 | | 9,880 | | 116,482 | 142,632 |
| Leased from Province | 51,598 | | 120,383 | | 197,574 | 369,555 |
| Leased from others | — | | 3,692 | | 85,059 | 88,751 |
| Total under control | 67,868 | | 133,955 | | 399,115 | 600,938 |
Table 7 after “for each of our mines are as follows:”
| (tonnes of ore in millions) | Reserves(a)(b) | PotashMineralization(a)(c) | | | |
| Facility | RecoverableTonnes | AverageGrade(% K2O) | | PotentiallyRecoverableTonnes | |
| Canada | | | | | |
| Belle Plaine | 819 | | 18.0 | | 2,363 |
| Colonsay | 295 | | 26.3 | | 441 |
| Esterhazy | 879 | | 24.7 | | 674 |
| sub-totals | 1,993 | | 22.2 | | 3,478 |
| United States | | | | | |
First 8 of 10 rows. The download has all of them.
Table 8 after “Annual capacity by plant as of December 31, 2018 and production volumes by plant for 2018 are listed below:”
| (tonnes of ore in millions) | Phosphoric acid | Processed Phosphate (MAP/TSP/SSP/DCP/Feed) | | | | | |
| Facility | Capacity | Production | | Capacity | Production | | |
| Phosphate | | | | | | | |
| Uberaba | 0.9 | | 0.9 | | | 1.9 | 1.7 |
| Cajati | 0.2 | | 0.2 | | | 0.5 | 0.4 |
| Araxá | — | | — | | | 1.1 | 1.0 |
| Catalao | — | | — | | | 0.4 | 0.4 |
| Total | 1.1 | | 1.1 | | | 3.9 | 3.5 |
Table 9 after “The following table shows the annual capacity of rock production volume and grade for each of our phosphate mines as of December 31, 2018:”
| (tonnes in millions) | Capacity(a) | Production(b) | | Average BPL(c) | %P2O5(d) | |
| Facility | | | | | | |
| Catalão | 1.0 | | 0.8 | | 74.8 | 34.2 |
| Tapira | 2.1 | | 1.9 | | 77.4 | 35.4 |
| Araxá/Patrocínio | 1.3 | | 0.8 | | 75.4 | 34.5 |
| Cajati | 0.6 | | 0.5 | | 75.6 | 34.6 |
| Total | 5.0 | | 4.0 | | 76.2 | 34.9 |
Table 10 after “The following table sets forth our probable phosphates reserves as of December 31, 2018;”
| (tonnes in millions) | Reserve Tonnes (a)(b) | %P2O5 | |
| Active Mines | | | |
| Catalão | 74.3 | | 11.1 |
| Tapira | 629.9 | | 7.6 |
| Araxá | 15.8 | | 11.8 |
| Patrocínio(c) | 480.0 | | 12.1 |
| Cajati | 73.6 | | 5.1 |
| Total Mines | 1,273.6 | | 9.4 |
Table 11 after “Table of Contents”
| Name | Age | Position | |
| Bruce M. Bodine Jr. | 47 | | Senior Vice President—Phosphates |
| Clint C. Freeland | 50 | | Senior Vice President—Chief Financial Officer |
| Mark J. Isaacson | 56 | | Senior Vice President, General Counsel and Corporate Secretary |
| Richard N. McLellan | 62 | | Senior Vice President—Mosaic Fertilizantes |
| James “Joc” C. O’Rourke | 58 | | Chief Executive Officer, President and Director |
| Walter F. Precourt III | 54 | | Senior Vice President—Strategy and Growth |
| Corrine D. Ricard | 55 | | Senior Vice President—Commercial |
First 8 of 9 rows. The download has all of them.
Table 12 after “The following provides information related to equity compensation plans:”
| Plan category | Number of shares to beissued upon exercise ofoutstanding options,warrants and rights (a) | Weighted-averageexercise price ofoutstanding options,warrants and rights (b) | | Number of shares remainingavailable for future issuanceunder equity compensation plans(excluding shares reflectedin first column) | |
| Equity compensation plans approved by stockholders | 4,900,272 | | $49.20 | | 35,514,673 |
| Equity compensation plans not approved by stockholders | — | | — | | — |
| Total | 4,900,272 | | $49.20 | | 35,514,673 |
Table 13 after “Item 15. Exhibits and Financial Statement Schedules.”
| (a) | (1) | Consolidated Financial Statements filed as part of this report are listed in the Financial Table of Contents included in this report and incorporated by reference in this report in Part II, Item 8, “Financial Statements and Supplementary Data.” | | |
| (2) | All schedules for which provision is made in the applicable accounting regulations of the SEC are listed in this report in Part II, Item 8, “Financial Statements and Supplementary Data.” | | |
| (3) | Reference is made to the Exhibit Index in (b) below. | | |
| (b) | Exhibits | | | |
| Exhibit No. | | Description | Incorporated Herein byReference to | Filed withElectronicSubmission |
| 2.i. | | Agreement and Plan of Merger and Contribution, dated as of January 26, 2004, by and among IMC Global Inc. (now known as Mosaic Global Holdings Inc.), Global Nutrition Solutions, Inc. (now known as The Mosaic Company (“Mosaic”), as successor by merger to MOS Holdings Inc. (“MOS Holdings”)), GNS Acquisition Corp., Cargill, Incorporated (“Cargill”) and Cargill Fertilizer, Inc., as amended by Amendment No. 1 to Agreement and Plan of Merger and Contribution, dated as of June 15, 2004, and as further amended by Amendment No. 2 to Agreement and Plan of Merger and Contribution, dated as of October 18, 2004 (1) | Exhibit 2.1 to Mosaic’s Current Report on Form 8-K dated October 22, 2004, and filed on October 28, 2004(2) | |
| 2.ii | | Stock Purchase Agreement dated as of December 19, 2016, among Mosaic, Vale S.A. and Vale Fertilizer Netherlands B.V. (1) | Exhibit 2.1 to Mosaic’s Current Report on Form 8-K dated and filed on December 19, 2016(2) | |
| 2.ii.a | | Letter Agreement, dated as of December 28, 2017, by and among Mosaic, Vale S.A. and Vale Fertilizer Netherlands B.V.(1) | Exhibit 2.1 to Mosaic’s Current Report on Form 8-K dated December 28, 2017 and filed on January 2, 2018(2) | |
First 8 of 13 rows. The download has all of them.
Table 14 after “Table of Contents”
| 4.iii. | Registrant hereby agrees to furnish to the Commission, upon request, all other instruments defining the rights of holders of each issue of long-term debt of the Registrant and its consolidated subsidiaries | | |
| 10.ii.a | Time Charter dated as of October 24, 2017 between Tampa Port Services, LLC and Savage Harvest Operations, LLC | Exhibit 10.1 to Mosaic’s Current Report on Form 8-K dated October 24, 2017 and filed on October 30, 2017 | |
| 10.ii.b | Guaranty dated as of October 24, 2017 by The Mosaic Company | Exhibit 10.2 to Mosaic’s Current Report on Form 8-K dated October 24, 2017 and filed on October 30, 2017 | |
| 10.iii.a.(3) | The Mosaic Company 2004 Omnibus Stock and Incentive Plan (the “Omnibus Incentive Plan”), as amended October 8, 2009 | Appendix A to Mosaic’s Proxy Statement dated August 25, 2009(2) | |
| 10.iii.a.1(3) | Form of Amendment dated May 11, 2011, to the Omnibus Incentive Plan | Exhibit 10.iii.u. to Mosaic’s Annual Report on Form 10-K for the Fiscal Year ended May 31, 2011(2) | |
| 10.iii.a.2(3) | Form of Employee Non-Qualified Stock Option under the Omnibus Incentive Plan, approved July 30, 2008 | Exhibit 10.iii.a. to Mosaic’s Quarterly Report on Form 10-Q for the Quarterly Period ended August 31, 2008(2) | |
| 10.iii.a.3(3) | Form of Employee Nonqualified Stock Option under the Omnibus Incentive Plan, approved July 20, 2011 | Exhibit 10.iii.b. to Mosaic’s Quarterly Report on Form 10-Q for the Quarterly Period ended August 31, 2011(2) | |
| 10.iii.b(3) | Description of Mosaic Management Incentive Program | | X |
First 8 of 13 rows. The download has all of them.
Table 15 after “Table of Contents”
| 10.iii.d.1(3) | Form of Senior Management Severance and Change in Control Agreement, effective April 1, 2017 | Exhibit 10.iii.d to Mosaic’s Quarterly Report on Form 10-Q for the Quarterly Period ended March 31, 2017(2) |
| 10.iii.d.2(3) | Form of letter dated June 30, 2017 to executive officers regarding Senior Management Severance and Change in Control Agreements | Exhibit 10.iii.d.2 to Mosaic’s Quarterly Report on Form 10-Q for the Quarterly Period ended June 30, 2017(2) |
| 10.iii.d.3(3) | Form of expatriate agreement dated May 4, 2012 between Mosaic and an executive officer | Exhibit 10.iii.d.3 to Mosaic’s Annual Report on Form 10-K for the fiscal year ended December 31, 2016(2) |
| 10.iii.d.4(3) | Form of expatriate agreement dated May 18, 2017 between Mosaic and an executive officer | Exhibit 10.1 to Mosaic’s Current Report on Form 8-K dated May 17, 2017 and filed on May 19, 2017(2) |
| 10.iii.d.5(3) | Letter agreement dated March 7, 2018 between The Mosaic Company and Anthony T. Brausen | Exhibit 10.1 to Mosaic's Current Report on Form 8-K/A dated January 31, 2018 and filed on March 12, 2018 |
| 10.iii.d.6(3) | Senior Management Severance and Change in Control Agreement between The Mosaic Company and Anthony T. Brausen | Exhibit 10.2 to Mosaic's Quarterly Report on Form 10-Q for the Quarterly Period ended March 31, 2018. |
| 10.iii.d.7(3) | Separation Agreement dated May 31, 2018 between The Mosaic Company and Richard L. Mack | Exhibit 10.1 to Mosaic's Quarterly Report on Form 10-Q for the Quarterly Period ended June 30, 2018 |
| 10.iii.d.8(3) | Management Services Agreement dated June 1, 2018 between The Mosaic Company and Richard L. Mack | Exhibit 10.2 to Mosaic's Quarterly Report on Form 10-Q for the Quarterly Period ended June 30, 2018 |
First 8 of 12 rows. The download has all of them.
Table 16 after “Table of Contents”
| 10.iii.g.(3) | Summary of Board of Director Compensation of Mosaic | Exhibit 10.iii.g to Mosaic’s Annual Report on Form 10-K for the fiscal year ended December 31, 2016(2) |
| 10.iii.h.(3) | Description of Executive Physical Program | Fourth Paragraph of Item 1.01 of Mosaic’s Current Report on Form 8-K dated May 26, 2005, and filed on June 1, 2005(2) |
| 10.iii.i.(3) | Summary of executive life and disability plans | The material under “Compensation Discussion and Analysis—Elements of Compensation—Executive Life and Disability Plans” in Mosaic’s Proxy Statement dated April 2, 2014(2) |
| 10.iii.j.(3) | Description of Executive Financial Planning Program | Exhibit 10.iii.j to Mosaic’s Annual Report on Form 10-K for the fiscal year ended December 31, 2016(2) |
| 10.iii.k.(3) | The Mosaic Company 2014 Stock and Incentive Plan (the “2014 Incentive Plan”) | Appendix B to Mosaic’s Proxy Statement dated April 2, 2014(2) |
| 10.iii.k.1(3) | Form of Non-Qualified Stock Option under the 2014 Incentive Plan, approved March 5, 2015 | Exhibit 10.iii.a. to Mosaic’s Quarterly Report on Form 10-Q for the Quarterly Period ended March 31, 2015(2) |
| 10.iii.k.2(3) | Form of Non-Qualified Stock Option under the 2014 Incentive Plan, approved March 2, 2016 | Exhibit 10.iii.a. to Mosaic’s Quarterly Report on Form 10-Q for the Quarterly Period ended March 31, 2016(2) |
| 10.iii.k.4(3) | Form of Employee Restricted Stock Unit Award Agreement under the 2014 Incentive Plan, approved March 2, 2016 | Exhibit 10.iii.e. to Mosaic’s Quarterly Report on Form 10-Q for the Quarterly Period ended March 31, 2016(2) |
First 8 of 11 rows. The download has all of them.
Table 17 after “Table of Contents”
| 10.iii.k.12(3) | Form of Director Restricted Stock Unit Award Agreement under the 2014 Incentive Plan, approved May 19, 2016 | Exhibit 10.iii.kk to Mosaic’s Quarterly Report on Form 10-Q for the Quarterly Period Ended June 30, 2016(2) | |
| 10.iii.k.13(3) | Form of Employee TSR Performance Unit Award Agreement under the 2014 Incentive Plan, approved March 1, 2017 | Exhibit 10.iii.k.1 to Mosaic’s Quarterly Report on Form 10-Q for the Quarterly Period ended March 31, 2017(2) | |
| 10.iii.k.14(3) | Form of Executive TSR Performance Unit Award Agreement under the 2014 Incentive Plan, approved March 1, 2017 | Exhibit 10.iii.k.2 to Mosaic’s Quarterly Report on Form 10-Q for the Quarterly Period ended March 31, 2017(2) | |
| 10.iii.k.15(3) | Form of Retention Award Agreement under the 2014 Incentive Plan, approved May 17, 2017 | Exhibit 10.2 to Mosaic’s Current Report on Form 8-K dated May 17, 2017 and filed on May 19, 2017(2) | |
| 10.iii.k.16(3) | Form of Executive TSR Performance Unit Award Agreement under the 2014 Incentive Plan, approved March 6, 2018 | | X |
| 10.iii.k.17(3) | Form of Executive Restricted Stock Unit Award Agreement under the 2014 Incentive Plan, approved March 6, 2018 | | X |
| 10.iv.a | Form of Equity Support, Subordination and Retention Agreement dated June 30, 2014 by Mosaic, Saudi Arabian Mining Company, Saudi Basic Industries Corporation, Mizuho Corporate Bank, Ltd., as Intercreditor Agent for certain Finance Parties, and Riyad Bank, London Branch, as Offshore Security Trustee and Agent for certain secured parties | Exhibit 10.i. to Mosaic’s Quarterly Report on Form 10-Q for the Quarterly Period ended June 30, 2014(2) | |
| 10.iv.b | Form of Amendment and Restatement Agreement relating to an Equity Support, Subordination and Retention Agreement dated January 3, 2017 by Mosaic, Mosaic Phosphates, B.V., Saudi Arabian Mining Company, Saudi Basic Industries Corporation, Ma’aden Wa’ad Al Shamal Phosphate Company, Mizuho Bank, Ltd., as Intercreditor Agent for certain Finance Parties, and Riyad Bank, London Branch, as Offshore Security Trustee and Agent for certain secured parties | Exhibit 10.iv.b to Mosaic’s Annual Report on Form 10-K for the fiscal year ended December 31, 2016(2) | |
First 8 of 9 rows. The download has all of them.
Table 18 after “Table of Contents”
| 10.v.b | | Description of Modifications to Consent Decree dated September 30, 2015 among the United States of America, the Florida Department of Environmental Protection, Mosaic Fertilizer, LLC and The Mosaic Company, filed as Exhibit 10.1 to the Current Report on Form 8-K of Mosaic dated September 30, 2015 and filed on October 6, 2015 | Exhibit 10.v.i to Mosaic’s Quarterly Report on Form 10-Q for the Quarterly Period Ended June 30, 2016(2) | |
| 10.v.c | | Consent Decree dated September 30, 2015 among the United States of America, the Louisiana Department of Environmental Quality, Mosaic Fertilizer, LLC and The Mosaic Company(4) | Exhibit 10.2. to Mosaic’s Current Report on Form 8-K dated September 30, 2015 and filed on October 6, 2015(2) | |
| 10.v.d | | Description of Modifications to Consent Decree dated September 30, 2015 among the United States of America, the Louisiana Department of Environmental Quality, Mosaic Fertilizer, LLC and The Mosaic Company, filed as Exhibit 10.2 to the Current Report on Form 8-K of Mosaic dated September 30, 2015 and filed on October 6, 2015 | Exhibit 10.v.ii to Mosaic’s Quarterly Report on Form 10-Q for the Quarterly Period Ended June 30, 2016(2) | |
| 21 | | Subsidiaries of the Registrant | | X |
| 23 | | Consent of KPMG LLP, independent registered public accounting firm for Mosaic | | X |
| 24 | | Power of Attorney | | X |
| 31.1 | | Certification of Chief Executive Officer Required by Rule 13a-14(a) | | X |
| 31.2 | | Certification of Chief Financial Officer Required by Rule 13a-14(a) | | X |
First 8 of 13 rows. The download has all of them.
Table 19 after “*********************************************”
| (1) | Mosaic agrees to furnish supplementally to the Commission a copy of any omitted schedules and exhibits to the extent required by rules of the Commission upon request. |
| (2) | SEC File No. 001-32327 |
| (3) | Denotes management contract or compensatory plan. |
| (4) | Confidential information has been omitted from this Exhibit and filed separately with the Securities and Exchange Commission pursuant to a confidential treatment request under Rule 24b-2 of the Securities Exchange Act of 1934, as amended. |
Table 20 after “Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following persons on behalf of”
| Name | Title | Date |
| /s/ James “Joc” C. O’Rourke | Chief Executive Officer and President and Director (principal executive officer) | March 12, 2019 |
| James “Joc” C. O’Rourke | | |
| /s/ Clint C. Freeland | Senior Vice President and Chief Financial Officer (principal financial officer and principal accounting officer) | March 12, 2019 |
| Clint C. Freeland | | |
| * | Chairman of the Board of Directors | March 12, 2019 |
| Gregory L. Ebel | | |
| * | Director | March 12, 2019 |
First 8 of 29 rows. The download has all of them.
Table 21 after “Financial Table of Contents”
| Page |
| Management’s Discussion and Analysis of Financial Condition and Results of Operations | F-2 |
| Introduction | F-2 |
| Key Factors that can Affect Results of Operations and Financial Condition | F-2 |
| Results of Operations | F-4 |
| Overview | F-5 |
| Phosphates | F-8 |
| Potash | F-10 |
First 8 of 37 rows. The download has all of them.
| Years Ended December 31, | 2018-2017 | | 2017-2016 | | | | | | | |
| (in millions, except per share data) | 2018 | 2017 | | 2016 | Change | Percent | | Change | Percent | | |
| Net sales | $9,587.3 | | $7,409.4 | | $7,162.8 | | $2,177.9 | | 29% | $246.6 | 3% |
| Cost of goods sold | 8,088.9 | | 6,566.6 | | 6,352.8 | | 1,522.3 | | 23% | 213.8 | 3% |
| Gross margin | 1,498.4 | | 842.8 | | 810.0 | | 655.6 | | 78% | 32.8 | 4% |
| Gross margin percentage | 15.6% | | 11.4% | | 11.3% | | 4.2% | | | 0.1% | |
| Selling, general and administrative expenses | 341.1 | | 301.3 | | 304.2 | | 39.8 | | 13% | (2.9) | (1)% |
| Other operating expenses | 229.0 | | 75.8 | | 186.8 | | 153.2 | | NM | (111.0) | (59)% |
First 8 of 21 rows. The download has all of them.
Table 23 after “The following table summarizes the Phosphates segment’s net sales, gross margin, sales volume, selling prices and raw material prices:”
| Years Ended December 31, | 2018-2017 | | 2017-2016 | | | | | | | |
| (in millions, except price per tonne or unit) | 2018 | 2017 | | 2016 | Change | Percent | | Change | Percent | | |
| Net sales: | | | | | | | | | | | |
| North America | $2,283.0 | | $2,061.7 | | $2,133.2 | | $221.3 | | 11% | $(71.5) | (3)% |
| International | 1,603.3 | | 1,527.5 | | 1,577.7 | | 75.8 | | 5% | (50.2) | (3)% |
| Total | 3,886.3 | | 3,589.2 | | 3,710.9 | | 297.1 | | 8% | (121.7) | (3)% |
| Cost of goods sold | 3,304.8 | | 3,257.0 | | 3,361.1 | | 47.8 | | 1% | (104.1) | (3)% |
| Gross margin | $581.5 | | $332.2 | | $349.8 | | $249.3 | | 75% | $(17.6) | (5)% |
First 8 of 23 rows. The download has all of them.
Table 24 after “The following table summarizes the Potash segment’s net sales, gross margin, sales volume and selling price:”
| Years Ended December 31, | 2018-2017 | | 2017-2016 | | | | | | | |
| (in millions, except price per tonne or unit) | 2018 | 2017 | | 2016 | Change | Percent | | Change | Percent | | |
| Net sales: | | | | | | | | | | | |
| North America | $1,298.6 | | $1,097.3 | | $1,024.3 | | $201.3 | | 18% | $73.0 | 7% |
| International | 875.3 | | 755.3 | | 661.4 | | 120.0 | | 16% | 93.9 | 14% |
| Total | 2,173.9 | | 1,852.6 | | 1,685.7 | | 321.3 | | 17% | 166.9 | 10% |
| Cost of goods sold | 1,576.7 | | 1,461.0 | | 1,429.1 | | 115.7 | | 8% | 31.9 | 2% |
| Gross margin | $597.2 | | $391.6 | | $256.6 | | $205.6 | | 53% | $135.0 | 53% |
First 8 of 16 rows. The download has all of them.
Table 25 after “The following table summarizes the Mosaic Fertilizantes segment’s net sales, gross margin, sales volume and selling price. The prior year ac”
| Years Ended December 31, | 2018-2017 | | 2017-2016 | | | | | | | | | |
| (in millions, except price per tonne or unit) | 2018 | 2017 | | 2016 | Change | Percent | | Change | Percent | | | | |
| Net Sales | $3,747.1 | | $2,220.1 | | $2,113.9 | | $1,527.0 | | 69% | | $106.2 | | 5% |
| Cost of goods sold | 3,364.2 | | 2,091.5 | | 1,988.9 | | 1,272.7 | | 61% | | 102.6 | | 5% |
| Gross margin | $382.9 | | $128.6 | | $125.0 | | $254.3 | | 198% | | $3.6 | | 3% |
| Gross margin as a percent of net sales | 10.2% | | 5.8% | | 5.9% | | | | | | | | |
| Sales volume (in thousands of metric tonnes) | | | | | | | | | | | | | |
| Phosphate produced in Brazil | 2,847 | | 302 | | 265 | | 2,545 | | NM | | 37 | | 14% |
First 8 of 18 rows. The download has all of them.
Table 26 after “Other Income Statement Items”
| Years Ended December 31, | 2018-2017 | | 2017-2016 | | | | | | | |
| (in millions) | 2018 | 2017 | | 2016 | Change | Percent | | Change | Percent | | |
| Selling, general and administrative expenses | $341.1 | | $301.3 | | $304.2 | | $39.8 | | 13% | $(2.9) | (1)% |
| Other operating expenses | 229.0 | | 75.8 | | 186.8 | | 153.2 | | NM | (111.0) | (59)% |
| Interest (expense) | (215.8) | | (171.3) | | (140.6) | | (44.5) | | 26% | (30.7) | 22% |
| Interest income | 49.7 | | 33.2 | | 28.2 | | 16.5 | | 50% | 5.0 | 18% |
| Interest expense, net | (166.1) | | (138.1) | | (112.4) | | (28.0) | | 20% | (25.7) | 23% |
| Foreign currency transaction (loss) gain | (191.9) | | 49.9 | | 40.1 | | (241.8) | | NM | 9.8 | 24% |
First 8 of 11 rows. The download has all of them.
Table 27 after “Provision for (Benefit from) Income Taxes”
| EffectiveTax Rate | Provision forIncome Taxes | |
| Year Ended December 31, 2018 | 14.0% | | $77.1 |
| Year Ended December 31, 2017 | 132.3% | | 494.9 |
| Year Ended December 31, 2016 | (30.6)% | | (74.2) |
Table 28 after “Table of Contents”
| Years Ended December 31, | | | | | | | | | | | |
| (in millions) | | 2018-2017 | | 2017-2016 | | | | | | | | |
| Cash Flow | 2018 | | 2017 | | 2016 | Change | Percent | | Change | Percent | | |
| Net cash provided by operating activities | $1,409.8 | | | $935.5 | | $1,260.2 | | $474.3 | | 51% | $(324.7) | (26)% |
| Net cash used in investing activities | (1,944.7) | | | (667.8) | | (1,866.0) | | (1,276.9) | | (191)% | 1,198.2 | 64% |
| Net cash (used in) provided by financing activities | (724.8) | | | 1,200.8 | | (888.6) | | (1,925.6) | | 160% | 2,089.4 | (235)% |
| | Payments by Calendar Year | | | | | | |
| (in millions) | Total | Less than 1year | | 1 - 3years | 3 - 5years | More than 5years | | |
| Long-term debt(a) | $4,517.5 | | $26.0 | | $525.0 | | $1,543.2 | $2,423.3 |
| Estimated interest payments on long-term debt(b) | 2,342.3 | | 209.5 | | 411.0 | | 345.1 | 1,376.7 |
| Operating leases | 324.6 | | 97.5 | | 131.5 | | 64.7 | 30.9 |
| Purchase commitments(c) | 5,745.6 | | 2,586.5 | | 1,084.6 | | 636.6 | 1,437.9 |
| Pension and postretirement liabilities(d) | 440.1 | | 9.5 | | 93.6 | | 96.5 | 240.5 |
| Total contractual cash obligations | $13,370.1 | | $2,929.0 | | $2,245.7 | | $2,686.1 | $5,509.3 |
| | Commitment Expiration by Calendar Year | | | | | | |
| (in millions) | Total | Less than 1year | | 1 - 3years | 3 - 5years | More than 5years | | |
| Letters of credit | $68.7 | | $68.7 | | $— | | $— | $— |
| Surety bonds | 497.7 | | 497.7 | | — | | — | — |
| Total | $566.4 | | $566.4 | | $— | | $— | $— |
| | Payments by Calendar Year | | | | | | |
| (in millions) | Total | Less than 1year | | 1 - 3years | 3 - 5years | More than 5years | | |
| ARO(a) | $2,826.1 | | $145.0 | | $258.5 | | $158.9 | $2,263.7 |
Table 32 after “The table below provides information about Mosaic’s significant foreign exchange derivatives.”
| As of December 31, 2018 | As of December 31, 2017 | | | | | | | | |
| ExpectedMaturity Date Years ending December 31, | FairValue | | ExpectedMaturity Date Years ending December 31, | FairValue | | | | | |
| (in millions) | 2019 | 2020 | | 2021 | | 2018 | 2019 | | | |
| Foreign Currency Exchange Forwards | | | | | | | | | | |
| Canadian Dollar | | | | | $(40.7) | | | | $12.3 | |
| Notional (million US$) - long Canadian dollars | $651.3 | | $170.1 | | $138.2 | | | $444.4 | | $39.1 |
| Weighted Average Rate - Canadian dollar to U.S. dollar | 1.2989 | | 1.2877 | | 1.3025 | | | 1.2850 | | 1.2791 |
| Foreign Currency Exchange Non-Deliverable Forwards | | | | | | | | | | |
First 8 of 17 rows. The download has all of them.
Table 33 after “Table of Contents”
| As of December 31, 2018 | As of December 31, 2017 | | | | | | | | | | |
| Expected Maturity Date Years ending December 31, | Fair Value | | Expected Maturity Date Years ending December 31, | Fair Value | | | | | | | |
| (in millions) | 2019 | 2020 | | 2021 | 2022 | | 2018 | 2019 | 2020 | | | |
| Natural Gas Swaps | | | | | | $(17.0) | | | | | $(17.6) | |
| Notional (million MMBtu) - long | 20.4 | | 15.8 | | 13.2 | | 2.9 | | | 18.2 | 19.9 | 5.0 |
| Weighted Average Rate (US$/MMBtu) | $2.22 | | $1.92 | | $1.73 | | $1.47 | | | $3.16 | $3.01 | $3.14 |
| Total Fair Value | | | | | | $(17.0) | | | | | $(17.6) | |
Table 34 after “In millions, except per share amounts”
| Years Ended December 31, | | | | |
| 2018 | 2017 | | 2016 | |
| Net sales | $9,587.3 | | $7,409.4 | | $7,162.8 |
| Cost of goods sold | 8,088.9 | | 6,566.6 | | 6,352.8 |
| Gross margin | 1,498.4 | | 842.8 | | 810.0 |
| Selling, general and administrative expenses | 341.1 | | 301.3 | | 304.2 |
| Other operating expenses | 229.0 | | 75.8 | | 186.8 |
| Operating earnings | 928.3 | | 465.7 | | 319.0 |
First 8 of 22 rows. The download has all of them.
Table 35 after “In millions”
| Years Ended December 31, | | | | |
| 2018 | 2017 | | 2016 | |
| Net earnings (loss) including noncontrolling interest | $469.9 | | $(104.2) | | $301.2 |
| Other comprehensive (loss) income, net of tax | | | | | |
| Foreign currency translation (loss) gain, net of tax benefit (expense) of $24.5, ($11.4) and $9.8, respectively | (596.9) | | 240.5 | | 192.3 |
| Net actuarial (loss) gain and prior service cost, net of tax (expense) benefit of ($2.4), ($2.1), and $3.1, respectively | (10.6) | | 6.3 | | (3.2) |
| Realized gain on interest rate swap, net of tax expense of $0.1, $0.7 and $1.0, respectively | 2.2 | | 1.7 | | 1.5 |
| Net gain (loss) on marketable securities held in trust fund, net of tax (expense) benefit of ($0.2), ($1.0) and $3.3, respectively | 4.6 | | 1.7 | | (7.8) |
First 8 of 12 rows. The download has all of them.
Table 36 after “In millions, except per share amounts”
| December 31, | | |
| 2018 | 2017 | |
| Assets | | | |
| Current assets: | | | |
| Cash and cash equivalents | $847.7 | | $2,153.5 |
| Receivables, net | 838.5 | | 642.6 |
| Inventories | 2,270.2 | | 1,547.2 |
| Other current assets | 280.6 | | 273.2 |
First 8 of 36 rows. The download has all of them.
Table 37 after “In millions, except per share amounts”
| Years Ended December 31, | | | | |
| 2018 | 2017 | | 2016 | |
| Cash Flows from Operating Activities | | | | | |
| Net earnings (loss) including noncontrolling interests | $469.9 | | $(104.2) | | $301.2 |
| Adjustments to reconcile net earnings including noncontrolling interests to net cash provided by operating activities: | | | | | |
| Depreciation, depletion and amortization | 883.9 | | 665.5 | | 711.2 |
| Amortization of acquired inventory | (49.2) | | — | | — |
| Deferred and other income taxes | (101.8) | | 612.4 | | (182.6) |
First 8 of 48 rows. The download has all of them.
Table 38 after “(In millions)”
| Years Ended December 31, | | | | |
| 2018 | 2017 | | 2016 | |
| Reconciliation of cash, cash equivalents and restricted cash reported within the consolidated balance sheets to the consolidated statements of cash flows: | | | | | |
| Cash and cash equivalents | $847.7 | | $2,153.5 | | $673.1 |
| Restricted cash in other current assets | 7.5 | | 8.3 | | 7.0 |
| Restricted cash in other assets | 15.8 | | 32.6 | | 31.3 |
| Total cash, cash equivalents and restricted cash shown in the statement of cash flows | $871.0 | | $2,194.4 | | $711.4 |
Table 39 after “In millions, except per share data”
| | Dollars | | | | | | | | | |
| Shares | Mosaic Shareholders | | | | | | | | | |
| CommonStock | CommonStock | | Capital inExcessof Par Value | RetainedEarnings | AccumulatedOtherComprehensiveLoss | | Non-ControllingInterests | TotalEquity | | |
| Balance as of December 31, 2015 | 352.5 | | $3.5 | | $6.4 | | $11,014.8 | | $(1,492.9) | $33.2 | $9,565.0 |
| Total comprehensive income (loss) | — | | — | | — | | 297.8 | | 180.7 | 5.5 | 484.0 |
| Stock option exercises | 0.5 | | — | | 3.8 | | — | | — | — | 3.8 |
| Stock based compensation | — | | — | | 29.2 | | — | | — | — | 29.2 |
| Repurchases of stock | (2.8) | | — | | (9.5) | | (65.5) | | — | — | (75.0) |
First 8 of 27 rows. The download has all of them.
Table 40 after “Table of Contents”
| Note | Topic | Page |
| 7 | Earnings per Share | F-53 |
| 9 | Investments in Non-Consolidated Companies | F-54 |
| 10 | Goodwill | F-55 |
| 12 | Marketable Securities Held in Trusts | F-59 |
| 13 | Income Taxes | F-61 |
| 14 | Accounting for Asset Retirement Obligations | F-66 |
| 15 | Accounting for Derivative and Hedging Activities | F-68 |
First 8 of 10 rows. The download has all of them.
Table 41 after “The comparative information for the years ended December 31, 2017 and 2016 has not been restated and continues to be reported under the acco”
| Balance at | Adjustments | | Balance at | |
| December 31, 2017 | upon adoption | | January 1, 2018 | |
| Balance Sheet | | | | | |
| Receivables, net | $642.6 | | $18.2 | | $660.8 |
| Inventories | 1,547.2 | | (13.3) | | 1,533.9 |
| Deferred income tax asset | 254.6 | | (1.3) | | 253.3 |
| Accrued Liabilities | 754.4 | | 0.9 | | 755.3 |
| Retained earnings | 10,631.1 | | 2.7 | | 10,633.8 |
Table 42 after “Under the new revenue standard, the timing of revenue recognition is accelerated for certain sales arrangements due to the emphasis on trans”
| For the year ended December 31, 2018 | | | | | | |
| | Elimination of Revenue Deferral | | Canpotex Impact (a) | Balances Without New Revenue Standards | | |
| As Reported | | | Impact | | | |
| Income Statement | | | | | | | |
| Net sales | $9,587.3 | | $(87.9) | | $96.4 | $9,595.8 | (8.5) |
| Cost of goods sold | 8,088.9 | | (64.3) | | 54.1 | 8,078.7 | 10.2 |
| Provision for (benefit from) income taxes | 77.1 | | (2.1) | | 5.8 | 80.8 | (3.7) |
| Net earnings (loss) attributable to Mosaic | 470.0 | | (21.5) | | 36.5 | 485.0 | (15.0) |
First 8 of 15 rows. The download has all of them.
Table 43 after “The following provides additional information concerning selected balance sheet accounts:”
| December 31, | | |
| (in millions) | 2018 | 2017 | |
| Receivables | | | |
| Trade | $703.7 | | $563.6 |
| Non-trade | 136.1 | | 81.3 |
| 839.8 | | 644.9 |
| Less allowance for doubtful accounts | 1.3 | | 2.3 |
| $838.5 | | $642.6 |
First 8 of 28 rows. The download has all of them.
Table 44 after “Table of Contents”
| December 31, | | |
| (in millions) | 2018 | 2017 | |
| Accrued liabilities | | | |
| Accrued dividends | $11.8 | | $12.1 |
| Payroll and employee benefits | 217.5 | | 159.5 |
| Asset retirement obligations | 136.3 | | 98.1 |
| Customer prepayments | 199.8 | | 140.4 |
| Accrued income tax | 65.5 | | 1.4 |
First 8 of 16 rows. The download has all of them.
| Years Ended December 31, | | | | |
| (in millions) | 2018 | 2017 | | 2016 | |
| Interest income | $49.7 | | $33.2 | | $28.2 |
| Less interest expense | 215.8 | | 171.3 | | 140.6 |
| Interest expense, net | $(166.1) | | $(138.1) | | $(112.4) |
Table 46 after “Property, plant and equipment consist of the following:”
| December 31, | | |
| (in millions) | 2018 | 2017 | |
| Land | $321.5 | | $245.9 |
| Mineral properties and rights | 4,478.2 | | 3,540.4 |
| Buildings and leasehold improvements | 2,760.9 | | 2,473.0 |
| Machinery and equipment(a) | 8,955.7 | | 7,933.5 |
| Construction in-progress | 2,164.7 | | 1,793.0 |
| 18,681.0 | | 15,985.8 |
First 8 of 10 rows. The download has all of them.
Table 47 after “The following is a reconciliation of the numerator and denominator for the basic and diluted EPS computations:”
| Years Ended December 31, | | | | |
| (in millions) | 2018 | 2017 | | 2016 | |
| Net earnings (loss) attributable to Mosaic | $470.0 | | $(107.2) | | $297.8 |
| Basic weighted average number of shares outstanding attributable to common stockholders | 384.8 | | 350.9 | | 350.4 |
| Dilutive impact of share-based awards | 1.6 | | — | | 1.3 |
| Diluted weighted average number of shares outstanding | 386.4 | | 350.9 | | 351.7 |
| Basic net earnings (loss) per share | $1.22 | | $(0.31) | | $0.85 |
| Diluted net earnings (loss) per share | $1.22 | | $(0.31) | | $0.85 |
Table 48 after “Supplemental disclosures of cash paid for interest and income taxes and non-cash investing and financing information is as follows:”
| Years Ended December 31, | | | | |
| (in millions) | 2018 | 2017 | | 2016 | |
| Cash paid during the period for: | | | | | |
| Interest | $196.0 | | $178.9 | | $163.0 |
| Less amount capitalized | 22.1 | | 23.9 | | 38.5 |
| Cash interest, net | $173.9 | | $155.0 | | $124.5 |
| Income taxes | $(34.2) | | $(70.1) | | $(65.4) |
Table 49 after “, is as follows:”
| Entity | Economic Interest |
| Gulf Sulphur Services LTD., LLLP | 50.0% |
| River Bend Ag, LLC | 50.0% |
| IFC S.A. | 45.0% |
| MWSPC | 25.0% |
| Canpotex | 36.2% |
Table 50 after “The summarized financial information shown below includes all non-consolidated companies carried on the equity method.”
| Years Ended December 31, | | | | |
| (in millions) | 2018 | 2017 | | 2016 | |
| Net sales | $3,555.6 | | $2,871.2 | | $2,307.9 |
| Net earnings (loss) | (5.4) | | 95.3 | | 11.9 |
| Mosaic’s share of equity in net earnings (loss) | (4.5) | | 16.7 | | (15.4) |
| Total assets | 9,042.9 | | 8,623.6 | | 8,665.4 |
| Total liabilities | 6,658.2 | | 5,971.9 | | 6,310.1 |
| Mosaic’s share of equity in net assets | 609.1 | | 712.8 | | 651.5 |
Table 51 after “Table of Contents”
| (in millions) | Phosphates | Potash | | Mosaic Fertilizantes | Corporate, Eliminations and Other | Total | | |
| Balance as of December 31, 2016 | $492.4 | | $1,013.6 | | $124.9 | | $— | $1,630.9 |
| Foreign currency translation | — | | 63.3 | | (0.6) | | — | 62.7 |
| Balance as of December 31, 2017 | 492.4 | | 1,076.9 | | 124.3 | | — | 1,693.6 |
| Foreign currency translation | — | | (76.5) | | (5.8) | | — | (82.3) |
| Allocation of goodwill due to Realignment | — | | — | | (12.1) | | 12.1 | — |
| Goodwill acquired in the Vale acquisition | 96.2 | | — | | — | | — | 96.2 |
| Balance as of December 31, 2018 | $588.6 | | $1,000.4 | | $106.4 | | $12.1 | $1,707.5 |
Table 52 after “Table of Contents”
| | Sensitivity Analysis - Percent of Fair Values in Excess of Carrying Values | | | |
| Excess at Current WACC | WACC Decreased by 50 Basis Points | WACC Decreased by 25 Basis Points | WACC Increased by 25 Basis Points | WACC Increased by 50 Basis Points |
| Potash Reporting Unit | 18.0% | 24.5% | 21.3% | 14.7% | 11.3% |
Table 53 after “, respectively, consisted of the following:”
| (in millions) | December 31, 2018 Stated Interest Rate | December 31, 2018 Effective Interest Rate | Maturity Date | | December 31, 2018 Stated Value | Combination Fair Market Value Adjustment | | Discount on Notes Issuance | | December 31, 2018 Carrying Value | December 31, 2017 Stated Value | | Combination Fair Market Value Adjustment | | Discount on Notes Issuance | December 31, 2017 Carrying Value | | | | |
| Unsecured notes | 3.25% - 5.63% | 5.01% | 2021-2043 | | $4,000.0 | | $— | | | $(7.3) | | $3,992.7 | | | $4,000.0 | | $— | | $(8.5) | $3,991.5 |
| Unsecured debentures | 7.30% | 7.19% | 2028 | | 147.1 | | 1.1 | | | — | | 148.2 | | | 236.1 | | 1.4 | | — | 237.5 |
| Term loan(a) | Libor plus 1.25% | Variable | 2021 | | — | | — | | | — | | — | | | 684.0 | | — | | — | 684.0 |
| Capital leases | 2.24% - 19.95% | 4.00% | 2019- 2030 | | 302.2 | | — | | | — | | 302.2 | | | 326.6 | | — | | — | 326.6 |
| Other(b) | 2.50% - 9.98% | 7.98% | 2021-2026 | | 58.0 | | 16.4 | | | — | | 74.4 | | | (18.0) | | — | | — | (18.0) |
| Total long-term debt | | 4,507.3 | | 17.5 | | (7.3) | | | 4,517.5 | | 5,228.7 | | | 1.4 | | (8.5) | | 5,221.6 | | |
| Less current portion | | 24.7 | | 2.3 | | (1.0) | | | 26.0 | | 344.2 | | | 0.4 | | (1.1) | | 343.5 | | |
First 8 of 9 rows. The download has all of them.
Table 54 after “Table of Contents”
| (in millions) | |
| 2019 | $26.0 |
| 2020 | 39.2 |
| 2021 | 485.8 |
| 2022 | 580.4 |
| 2023 | 962.8 |
| Thereafter | 2,423.3 |
| Total | $4,517.5 |
Table 55 after “Table of Contents”
| December 31, 2018 | | | | | |
| Amortized Cost | Gross Unrealized Gains | | Gross Unrealized Losses | Fair Value | |
| Level 1 | | | | | | |
| Cash and cash equivalents | $4.0 | | $— | | $— | $4.0 |
| Level 2 | | | | | | |
| Corporate debt securities | 180.8 | | 0.3 | | (4.3) | 176.8 |
| Municipal bonds | 186.1 | | 0.5 | | (3.4) | 183.2 |
| U.S. government bonds | 262.1 | | 3.3 | | — | 265.4 |
First 8 of 18 rows. The download has all of them.
| December 31, 2018 | December 31, 2017 | | | | |
| Less than 12 months | Less than 12 months | | | | |
| Fair Value | Gross Unrealized Losses(a) | | Fair Value | Gross Unrealized Losses(a) | |
| Corporate debt securities | $43.9 | | $(0.6) | | $44.3 | $(0.3) |
| Municipal bonds | 12.3 | | — | | 64.5 | (0.5) |
| U.S. government bonds | — | | — | | 255.0 | (4.4) |
| Total | $56.2 | | $(0.6) | | $363.8 | $(5.2) |
| December 31, 2018 | December 31, 2017 | | | | |
First 8 of 14 rows. The download has all of them.
Table 57 after “. Actual maturities may differ from contractual maturities because the issuers of the securities may have the right to prepay obligations be”
| December 31, 2018 |
| Due in one year or less | $37.3 |
| Due after one year through five years | 148.8 |
| Due after five years through ten years | 407.0 |
| Due after ten years | 32.3 |
| Total debt securities | $625.4 |
Table 58 after “, consisted of the following:”
| Years Ended December 31, | | | | |
| (in millions) | 2018 | 2017 | | 2016 | |
| Current: | | | | | |
| Federal | $24.5 | | $(167.6) | | $(41.7) |
| State | 1.8 | | 14.9 | | (15.9) |
| Non-U.S. | 147.2 | | 31.0 | | 94.9 |
| Total current | 173.5 | | (121.7) | | 37.3 |
| Deferred: | | | | | |
First 8 of 13 rows. The download has all of them.
Table 59 after “The components of earnings from consolidated companies before income taxes, and the effects of significant adjustments to tax computed at th”
| Years Ended December 31, | | | | |
| (in millions) | 2018 | 2017 | | 2016 | |
| United States earnings (loss) | $322.7 | | $(82.5) | | $(96.4) |
| Non-U.S. earnings | 228.8 | | 456.5 | | 338.8 |
| Earnings from consolidated companies before income taxes | $551.5 | | $374.0 | | $242.4 |
| Computed tax at the U.S. federal statutory rate | 21.0% | | 35.0% | | 35.0% |
| State and local income taxes, net of federal income tax benefit | 2.0% | | (0.1)% | | (6.1)% |
| Percentage depletion in excess of basis | (6.7)% | | (13.2)% | | (34.4)% |
First 8 of 14 rows. The download has all of them.
Table 60 after “Significant components of our deferred tax liabilities and assets as of December 31 were as follows:”
| December 31, | | |
| (in millions) | 2018 | 2017 | |
| Deferred tax liabilities: | | | |
| Depreciation and amortization | $317.3 | | $864.2 |
| Depletion | 390.8 | | 260.9 |
| Partnership tax basis differences | 64.6 | | 67.6 |
| Undistributed earnings of non-U.S. subsidiaries | 15.0 | | 15.0 |
| Other liabilities | 10.3 | | 150.6 |
First 8 of 22 rows. The download has all of them.
Table 61 after “, it is reasonably possible that the amount of unrecognized tax benefits will change in the next twelve months; however, the change cannot r”
| Years Ended December 31, | | | | |
| (in millions) | 2018 | 2017 | | 2016 | |
| Gross unrecognized tax benefits, beginning of period | $39.3 | | $27.1 | | $98.6 |
| Gross increases: | | | | | |
| Prior period tax positions | 0.3 | | 1.9 | | 13.5 |
| Current period tax positions | 3.8 | | 8.5 | | 6.9 |
| Gross decreases: | | | | | |
| Prior period tax positions | (2.9) | | — | | (91.6) |
First 8 of 10 rows. The download has all of them.
Table 62 after “A reconciliation of our AROs is as follows:”
| Years Ended December 31, | | |
| (in millions) | 2018 | 2017 | |
| AROs, beginning of period | $859.3 | | $849.9 |
| Liabilities acquired in the Acquisition | 258.9 | | — |
| Liabilities incurred | 27.8 | | 27.1 |
| Liabilities settled | (69.6) | | (64.8) |
| Accretion expense | 48.0 | | 25.7 |
| Revisions in estimated cash flows | 78.2 | | 15.7 |
First 8 of 12 rows. The download has all of them.
Table 63 after “The following is the total absolute notional volume associated with our outstanding derivative instruments:”
| (in millions of Units) | | | | | |
| Instrument | Derivative Category | Unit of Measure | December 31, 2018 | December 31, 2017 | |
| Foreign currency derivatives | Foreign Currency | US Dollars | 2,091.7 | | 813.5 |
| Interest rate derivatives | Interest Rate | US Dollars | 585.0 | | 585.0 |
| Natural gas derivatives | Commodity | MMbtu | 52.2 | | 43.0 |
Table 64 after “The carrying amounts and estimated fair values of our financial instruments are as follows:”
| December 31, | | | | | |
| 2018 | 2017 | | | | |
| Carrying | Fair | | Carrying | Fair | |
| (in millions) | Amount | Value | | Amount | Value | |
| Cash and cash equivalents | $847.7 | | $847.7 | | $2,153.5 | $2,153.5 |
| Accounts receivable | 838.5 | | 838.5 | | 642.6 | 642.6 |
| Accounts payable | 780.9 | | 780.9 | | 540.9 | 540.9 |
| Structured accounts payable arrangements | 572.8 | | 572.8 | | 386.2 | 386.2 |
First 8 of 10 rows. The download has all of them.
Table 65 after “The year-end status of the North American pension plans was as follows:”
| Pension Plans | | |
| Years Ended December 31, | | |
| (in millions) | 2018 | 2017 | |
| Change in projected benefit obligation: | | | |
| Benefit obligation at beginning of period | $766.1 | | $713.5 |
| Service cost | 6.2 | | 5.9 |
| Interest cost | 24.0 | | 24.3 |
| Actuarial (gain) loss | (48.3) | | 44.2 |
First 8 of 26 rows. The download has all of them.
Table 66 after “The components of net annual periodic benefit costs and other amounts recognized in other comprehensive income include the following compone”
| Pension Plans | | | | |
| (in millions) | Years Ended December 31, | | | | |
| 2018 | 2017 | | 2016 | |
| Net Periodic Benefit Cost | | | | | |
| Service cost | $6.2 | | $5.9 | | $5.8 |
| Interest cost | 24.0 | | 24.3 | | 25.1 |
| Expected return on plan assets | (39.7) | | (41.3) | | (44.9) |
| Amortization of: | | | | | |
First 8 of 18 rows. The download has all of them.
Table 67 after “The following estimated benefit payments, which reflect estimated future service are expected to be paid by the related plans in the years e”
| (in millions) | Pension PlansBenefit Payments | Other PostretirementPlans Benefit Payments | | Medicare Part DAdjustments | |
| 2019 | $40.4 | | $4.2 | | $0.2 |
| 2020 | 41.1 | | 4.2 | | 0.2 |
| 2021 | 41.9 | | 4.1 | | 0.2 |
| 2022 | 42.8 | | 3.9 | | 0.2 |
| 2023 | 43.1 | | 3.8 | | 0.2 |
| 2024-2028 | 215.0 | | 17.5 | | 0.5 |
Table 68 after “The following tables provide fair value measurement, by asset class, of the Company’s defined benefit plan assets for both the U.S. and Cana”
| (in millions) | December 31, 2018 | | | | | |
| Pension Plan Asset Category | Total | Level 1 | | Level 2 | Level 3 | |
| Cash | $12.0 | | $12.0 | | $— | $— |
| Equity securities(a) | 172.9 | | — | | 172.9 | — |
| Fixed income(b) | 514.3 | | — | | 514.3 | — |
| Private equity funds | 2.0 | | — | | — | 2.0 |
| Total assets at fair value | $701.2 | | $12.0 | | $687.2 | $2.0 |
| (in millions) | December 31, 2017 | | | | | |
First 8 of 14 rows. The download has all of them.
Table 69 after “Weighted average assumptions used to determine benefit obligations were as follows:”
| Pension Plans | | | | |
| Years Ended December 31, | | | | |
| 2018 | 2017 | | 2016 | |
| Discount rate | 4.09% | | 3.51% | | 3.97% |
| Expected return on plan assets | 5.14% | | 5.54% | | 5.54% |
| Rate of compensation increase | 3.50% | | 3.50% | | 3.50% |
Table 70 after “Weighted-average assumptions used to determine net benefit cost were as follows:”
| Pension Plans | | | | |
| Years Ended December 31, | | | | |
| 2018 | 2017 | | 2016 | |
| Discount rate | 3.51% | | 3.97% | | 4.17% |
| Service cost discount rate (a) | 3.50% | | 4.02% | | 4.19% |
| Interest cost discount rate (a) | 3.21% | | 3.44% | | 3.45% |
| Expected return on plan assets | 5.54% | | 5.54% | | 5.66% |
| Rate of compensation increase | 3.50% | | 3.50% | | 3.50% |
Table 71 after “was as follows:”
| Postretirement Medical Benefits |
| Years Ended December 31, |
| (in millions) | 2018 |
| Change in accumulated postretirement benefit obligation (“APBO”): | |
| APBO at beginning of year | $69.1 |
| Service cost | 1.5 |
| Interest cost | 6.8 |
| Actuarial loss | 13.0 |
First 8 of 21 rows. The download has all of them.
Table 72 after “Assumptions used to calculate the fair value of stock options in each period are noted in the following table. Expected volatility is based ”
| Years Ended December 31, | | |
| 2017 | 2016 | |
| Weighted average assumptions used in option valuations: | | | |
| Expected volatility | 35.35% | | 42.54% |
| Expected dividend yield | 1.97% | | 3.86% |
| Expected term (in years) | 7 | | 7 |
| Risk-free interest rate | 2.34% | | 1.65% |
Table 73 after “, is as follows:”
| Shares(in millions) | WeightedAverageExercisePrice | | Weighted Average Remaining Contractual Term (Years) | AggregateIntrinsicValue | |
| Outstanding as of December 31, 2017 | 2.6 | | $49.20 | | | |
| Granted | — | | — | | | |
| Cancelled | (0.2) | | $91.88 | | | |
| Outstanding as of December 31, 2018 | 2.4 | | $45.50 | | 4.0 | $— |
| Exercisable as of December 31, 2018 | 2.0 | | $48.60 | | 3.4 | $— |
Table 74 after “, is as follows:”
| Shares(in millions) | WeightedAverageGrantDate FairValue PerShare | |
| Restricted stock units as of December 31, 2017 | 1.2 | | $33.10 |
| Granted | 0.7 | | 26.73 |
| Issued and cancelled | (0.3) | | $43.65 |
| Restricted stock units as of December 31, 2018 | 1.6 | | $27.27 |
Table 75 after “A summary of the assumptions used to estimate the fair value of TSR performance units is as follows:”
| Years Ended December 31, | | | | |
| 2018 | 2017 | | 2016 | |
| Weighted average assumptions used in performance unit valuations: | | | | | |
| Expected volatility | 34.30% | | 34.26% | | 35.67% |
| Expected dividend yield | 0.37% | | 1.97% | | 3.86% |
| Expected term (in years) | 3 | | 3 | | 3 |
| Risk-free interest rate | 2.42% | | 1.60% | | 0.99% |
Table 76 after “is as follows:”
| Shares(in millions) | WeightedAverageGrantDate FairValue PerShare | |
| Outstanding as of December 31, 2017 | 1.1 | | $33.26 |
| Granted | 0.4 | | 28.09 |
| Issued and cancelled | (0.2) | | $43.79 |
| Outstanding as of December 31, 2018 | 1.3 | | $33.26 |
Table 77 after “is as follows:”
| (in millions) | PurchaseCommitments | OperatingLeases | |
| 2019 | $2,586.5 | | $97.5 |
| 2020 | 588.9 | | 76.8 |
| 2021 | 495.7 | | 54.7 |
| 2022 | 375.5 | | 36.6 |
| 2023 | 261.1 | | 28.1 |
| Subsequent years | 1,437.9 | | 30.9 |
| $5,745.6 | | $324.6 |
Table 78 after “The Consolidated Statements of Earnings included the following transactions with our non-consolidated companies:”
| Years Ended December 31, | | | | |
| (in millions) | 2018 | 2017 | | 2016 | |
| Transactions with non-consolidated companies included in net sales | $842.4 | | $715.3 | | $623.1 |
| Transactions with non-consolidated companies included in cost of goods sold | 1,046.4 | | 750.2 | | 552.9 |
Table 79 after “The following table is the final allocation of the assets acquired and the liabilities we assumed in the Acquisition as of January 8, 2018, ”
| Cash and cash equivalents | $86.0 |
| Receivables, net | 100.3 |
| Inventories | 344.2 |
| Other current assets | 107.6 |
| Total current assets acquired | 638.1 |
| Property, plant and equipment, net | 2,503.2 |
| Goodwill | 96.2 |
| Deferred income taxes | 48.3 |
First 8 of 23 rows. The download has all of them.
Table 80 after “The following unaudited pro forma information presents the combined results of Mosaic and the acquired entities as if Mosaic had completed t”
| Year Ended |
| December 31, |
| 2017 |
| Net sales | $8,605.7 |
| Net earnings attributable to Mosaic | $(43.3) |
| Basic net earnings per share attributable to Mosaic | $(0.11) |
| Diluted net earnings per share attributable to Mosaic | $(0.11) |
Table 81 after “is as follows:”
| (in millions) | Phosphates | Potash | | Mosaic Fertilizantes | Corporate,Eliminationsand Other (a) | Total | | |
| Year Ended December 31, 2018 | | | | | | | | |
| Net sales to external customers | $3,106.3 | | $2,154.8 | | $3,747.1 | | $579.1 | $9,587.3 |
| Intersegment net sales | 780.0 | | 19.1 | | — | | (799.1) | — |
| Net sales | 3,886.3 | | 2,173.9 | | 3,747.1 | | (220.0) | 9,587.3 |
| Gross margin | 581.5 | | 597.2 | | 382.9 | | (63.2) | 1,498.4 |
| Canadian resource taxes | — | | 159.4 | | — | | — | 159.4 |
| Gross margin (excluding Canadian resource taxes) | 581.5 | | 756.6 | | 382.9 | | (63.2) | 1,657.8 |
First 8 of 37 rows. The download has all of them.
Table 82 after “Financial information relating to our operations by geographic area is as follows:”
| Years Ended December 31, | | | | |
| (in millions) | 2018 | 2017 | | 2016 | |
| Net sales(a): | | | | | |
| Brazil | $3,727.7 | | $2,199.0 | | $2,127.0 |
| Canpotex(b) | 820.2 | | 700.6 | | 604.5 |
| Canada | 639.0 | | 508.9 | | 498.2 |
| India | 304.4 | | 305.2 | | 296.7 |
| China | 231.7 | | 206.4 | | 171.2 |
First 8 of 21 rows. The download has all of them.
Table 83 after “______________________________”
| December 31, | | |
| (in millions) | 2018 | 2017 | |
| Long-lived assets: | | | |
| Canada | $4,764.8 | | $5,457.1 |
| Brazil | 1,886.0 | | 326.0 |
| Other | 123.2 | | 103.7 |
| Total international countries | 6,774.0 | | 5,886.8 |
| United States | 7,056.9 | | 6,181.9 |
First 8 of 9 rows. The download has all of them.
Table 84 after “are as follows:”
| Years Ended December 31, | | | | |
| (in millions) | 2018 | 2017 | | 2016 | |
| Sales by product type: | | | | | |
| Phosphate Crop Nutrients | $2,956.8 | | $2,266.7 | | $2,369.2 |
| Potash Crop Nutrients | 2,755.9 | | 2,180.6 | | 1,889.1 |
| Crop Nutrient Blends | 1,418.9 | | 1,384.2 | | 1,403.1 |
| Specialty Products(a) | 1,844.8 | | 1,319.8 | | 1,266.5 |
| Phosphate Rock | 53.0 | | — | | — |
First 8 of 10 rows. The download has all of them.
Table 85 after “In millions, except per share amounts and common stock prices”
| Quarter | | | | | | | |
| First | Second | | Third | Fourth | Year | | |
| Year Ended December 31, 2018 | | | | | | | | |
| Net sales | $1,933.7 | | $2,205.0 | | $2,928.1 | | $2,520.5 | $9,587.3 |
| Gross margin | 242.1 | | 294.6 | | 495.5 | | 466.2 | 1,498.4 |
| Operating earnings | 80.7 | | 196.3 | | 393.3 | | 258.0 | 928.3 |
| Net earnings attributable to Mosaic | 42.3 | | 67.9 | | 247.5 | | 112.3 | 470.0 |
| Basic net earnings per share attributable to Mosaic | $0.11 | | $0.18 | | $0.64 | | $0.29 | $1.22 |
First 8 of 22 rows. The download has all of them.
Table 86 after “In millions, except per share amounts”
| Years Ended December 31, | | | | | | | |
| 2018 | 2017 | | 2016 | 2015 | 2014 | | |
| Statements of Operations Data: | | | | | | | | |
| Net sales | $9,587.3 | | $7,409.4 | | $7,162.8 | | $8,895.3 | $9,055.8 |
| Cost of goods sold | 8,088.9 | | 6,566.6 | | 6,352.8 | | 7,177.4 | 7,129.2 |
| Gross margin | 1,498.4 | | 842.8 | | 810.0 | | 1,717.9 | 1,926.6 |
| Selling, general and administrative expenses | 341.1 | | 301.3 | | 304.2 | | 361.2 | 382.4 |
| Gain on assets sold and to be sold | — | | — | | — | | — | (16.4) |
First 8 of 22 rows. The download has all of them.
Table 87 after “Table of Contents”
| Years Ended December 31, | | | | | | | |
| 2018 | 2017 | | 2016 | 2015 | 2014 | | |
| Earnings per common share attributable to Mosaic: | | | | | | | | |
| Basic net earnings (loss) per share attributable to Mosaic | $1.22 | | $(0.31) | | $0.85 | | $2.79 | $2.69 |
| Basic weighted average number of shares outstanding | 384.8 | | 350.9 | | 350.4 | | 358.5 | 374.1 |
| Diluted net earnings (loss) per share attributable to Mosaic | $1.22 | | $(0.31) | | $0.85 | | $2.78 | $2.68 |
| Diluted weighted average number of shares outstanding | 386.4 | | 350.9 | | 351.7 | | 360.3 | 375.6 |
| Balance Sheet Data (at period end): | | | | | | | | |
First 8 of 18 rows. The download has all of them.
Table 88 after “In millions”
| Column A | Column B | Column C | | Column D | Column E | | | |
| | Additions | | | | | | |
| Description | BalanceBeginningof Period | Charges or(Reductions)to Costs and Expenses | | Charges or(Reductions) to Other Accounts(b) | Deductions | Balance at End of Period(a) | | |
| Allowance for doubtful accounts, deducted from accounts receivable in the balance sheet: | | | | | | | | |
| Year ended December 31, 2016 | 10.4 | | (1.4) | | 1.7 | | (0.4) | 10.3 |
| Year ended December 31, 2017 | 10.3 | | 5.6 | | (0.2) | | (0.2) | 15.5 |
| Year ended December 31, 2018 | 15.5 | | — | | 12.0 | (c) | (4.1) | 23.4 |
| Income tax valuation allowance, related to deferred income taxes | | | | | | | | |
First 8 of 11 rows. The download has all of them.