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Business Segments
 9 Months Ended
Sep. 30, 2019
Segment Reporting [Abstract]  
Business Segments Business Segments
The reportable segments are determined by management based upon factors such as products and services, production processes, technologies, market dynamics, and for which segment financial information is available for our chief operating decision maker.
For a description of our business segments, see Note 1 to the Condensed Consolidated Financial Statements. We evaluate performance based on the operating earnings of the respective business segments, which includes certain allocations of corporate selling, general and administrative expenses. The segment results may not represent the actual results that would be expected if they were independent, stand-alone businesses. Intersegment eliminations, including profit on intersegment sales, mark-to-market gains/losses on derivatives, debt expenses, Streamsong Resort® results of operations and the results of the China and India distribution businesses are included within Corporate, Eliminations and Other. As of January 1, 2019, certain selling, general and administrative costs that are not controllable by the business segments are no longer allocated to segments and are included within Corporate, Eliminations and Other. Our operating results for the three and nine months ended September 30, 2018, have been recast to reflect this change.
Segment information for the three and nine months ended September 30, 2019 and 2018 was as follows:
 
Phosphates
 
Potash
 
Mosaic Fertilizantes
 
Corporate, Eliminations and Other (a)
 
Total
Three months ended September 30, 2019
 
 
 
 
 
 
 
 
 
Net sales to external customers
$
615.6

 
$
609.1

 
$
1,388.3

 
$
140.4

 
$
2,753.4

Intersegment net sales
204.3

 
7.3

 
—

 
(211.6
)
 
—

Net sales
819.9

 
616.4

 
1,388.3

 
(71.2
)
 
2,753.4

Gross margin
(19.3
)
 
158.3

 
132.1

 
8.8

 
279.9

Canadian resource taxes
—

 
58.1

 
—

 
—

 
58.1

Gross margin (excluding Canadian resource taxes)
(19.3
)
 
216.4

 
132.1

 
8.8

 
338.0

Operating earnings (loss)
(69.9
)
 
148.1

 
98.1

 
(36.8
)
 
139.5

Capital expenditures
123.6

 
153.1

 
43.2

 
2.4

 
322.3

Depreciation, depletion and amortization expense
108.9

 
63.1

 
33.6

 
5.2

 
210.8

Three months ended September 30, 2018
 
 
 
 
 
 
 
 
 
Net sales to external customers
$
801.1

 
$
603.0

 
$
1,399.8

 
$
124.2

 
$
2,928.1

Intersegment net sales
240.4

 
6.0

 
—

 
(246.4
)
 
—

Net sales
1,041.5

 
609.0

 
1,399.8

 
(122.2
)
 
2,928.1

Gross margin
180.0

 
160.9

 
152.0

 
2.6

 
495.5

Canadian resource taxes
—

 
40.5

 
—

 
—

 
40.5

Gross margin (excluding Canadian resource taxes)
180.0

 
201.4

 
152.0

 
2.6

 
536.0

Operating earnings (loss)
169.2

 
148.9

 
124.0

 
(48.8
)
 
393.3

Capital expenditures
103.4

 
97.5

 
39.9

 
0.2

 
241.0

Depreciation, depletion and amortization expense
100.9

 
72.7

 
35.9

 
5.0

 
214.5

Nine months ended September 30, 2019
 
 
 
 
 
 
 
 
 
Net sales to external customers
$
1,814.3

 
$
1,698.3

 
$
2,919.0

 
$
398.4

 
$
6,830.0

Intersegment net sales
729.0

 
20.7

 
—

 
(749.7
)
 
—

Net sales
2,543.3

 
1,719.0

 
2,919.0

 
(351.3
)
 
6,830.0

Gross margin
23.7

 
524.8

 
219.7

 
48.4

 
816.6

Canadian resource taxes
—

 
161.4

 
—

 
—

 
161.4

Gross margin (excluding Canadian resource taxes)
23.7

 
686.2

 
219.7

 
48.4

 
978.0

Operating earnings (loss)
(419.5
)
 
497.9

 
127.8

 
(106.5
)
 
99.7

Capital expenditures
366.1

 
423.6

 
135.8

 
5.6

 
931.1

Depreciation, depletion and amortization expense
317.4

 
219.7

 
97.2

 
15.3

 
649.6

Nine months ended September 30, 2018
 
 
 
 
 
 
 
 
 
Net sales to external customers
$
2,345.7

 
$
1,564.5

 
$
2,777.8

 
$
378.8

 
$
7,066.8

Intersegment net sales
614.9

 
17.7

 
—

 
(632.6
)
 
—

Net sales
2,960.6

 
1,582.2

 
2,777.8

 
(253.8
)
 
7,066.8

Gross margin
430.3

 
395.5

 
264.2

 
(57.8
)
 
1,032.2

Canadian resource taxes
—

 
100.5

 
—

 
—

 
100.5

Gross margin (excluding Canadian resource taxes)
430.3

 
496.0

 
264.2

 
(57.8
)
 
1,132.7

Operating earnings (loss)
388.9

 
362.0

 
154.2

 
(234.8
)
 
670.3

Capital expenditures
295.1

 
281.4

 
86.6

 
2.3

 
665.4

Depreciation, depletion and amortization expense
302.3

 
221.2

 
109.9

 
15.4

 
648.8

______________________________
(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, 2019, distribution operations in India and China had revenue of $134.3 million and $360.8 million, respectively, and gross margin of $0.4 million and $19.6 million, respectively. For the three and nine months ended September 30, 2018, distribution operations in India and
China had revenue of $117.8 million and $345.1 million, respectively, and gross margin of $9.4 million and $32.1 million, respectively.

Financial information relating to our operations by geographic area is as follows:
 
Three Months Ended 
 September 30,
 
Nine Months Ended 
 September 30,
(in millions)
2019
 
2018
 
2019
 
2018
Net sales(a):
 
 
 
 
 
 
 
Brazil
$
1,347.3

 
$
1,388.4

 
$
2,831.0

 
$
2,779.5

Canpotex(b)
272.1

 
245.8

 
811.4

 
557.9

Canada
157.0

 
160.1

 
435.3

 
436.4

China
48.8

 
52.9

 
172.7

 
169.2

India
85.2

 
64.9

 
185.3

 
180.0

Mexico
28.6

 
25.9

 
108.8

 
108.0

Argentina
25.3

 
26.9

 
97.7

 
60.3

Australia
12.0

 
16.8

 
68.1

 
101.0

Paraguay
38.7

 
40.2

 
86.2

 
78.9

Peru
27.1

 
23.9

 
73.3

 
57.0

Colombia
28.7

 
22.8

 
67.3

 
80.1

Chile
11.9

 
—

 
32.1

 
22.6

Thailand
5.6

 
5.6

 
18.8

 
22.2

Dominican Republic
4.5

 
8.1

 
13.5

 
10.6

Japan
1.8

 
21.3

 
10.8

 
79.2

Honduras
3.6

 
9.7

 
11.7

 
25.5

Other
18.6

 
10.5

 
44.1

 
48.5

Total international countries
2,116.8

 
2,123.8

 
5,068.1

 
4,816.9

United States
636.6

 
804.3

 
1,761.9

 
2,249.9

Consolidated
$
2,753.4

 
$
2,928.1

 
$
6,830.0

 
$
7,066.8

______________________________
(a) 
Revenues are attributed to countries based on location of customer.
(b) 
Canpotex is the export association of the Saskatchewan potash producers.
Net sales by product type are as follows:
 
Three Months Ended 
 September 30,
 
Nine Months Ended 
 September 30,
(in millions)
2019
 
2018
 
2019
 
2018
Sales by product type:
 
 
 
 
 
 
 
Phosphate Crop Nutrients
$
736.7

 
$
906.0

 
$
1,904.6

 
$
2,241.4

Potash Crop Nutrients
891.9

 
865.8

 
2,175.9

 
1,975.5

Crop Nutrient Blends
509.0

 
497.0

 
1,089.8

 
1,031.8

Specialty Products(a)
470.7

 
536.9

 
1,207.6

 
1,383.0

Phosphate Rock
14.1

 
—

 
33.5

 
29.8

Other(b)
131.0

 
122.4

 
418.6

 
405.3

 
$
2,753.4

 
$
2,928.1

 
$
6,830.0

 
$
7,066.8

____________________________
(a) 
Includes sales of MicroEssentials®, K-Mag, Aspire and animal feed ingredients.
(b) 
Includes sales of industrial potash, nitrogen and other products.