XML 40 R26.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Related Party Transactions
3 Months Ended
Mar. 31, 2024
Related Party Transactions [Abstract]  
Related Party Transactions Disclosure Related Party Transactions
We enter into transactions and agreements with certain of our non-consolidated companies and other related parties from time to time. As of March 31, 2024 and December 31, 2023, the net amount due to our non-consolidated companies totaled $0.9 million and $0.8 million, respectively.
The Condensed Consolidated Statements of Earnings included the following transactions with our non-consolidated companies:
Three Months Ended March 31,
20242023
Transactions with related parties included in net sales(a)
$236.6 $445.9 
Transactions with related parties included in cost of goods sold(b)
260.8 396.8 
______________________________
(a) Amounts included in net sales primarily relate to sales from our Potash segment to Canpotex.
(b) Amounts included in cost of goods sold primarily relate to purchases from Canpotex and MWSPC by our Mosaic Fertilizantes segment and India and China distribution businesses.
As part of the MWSPC joint venture, we market approximately 25% of MWSPC production. Marketing fees of approximately $3.3 million and $5.7 million are included in revenue for the three months ended March 31, 2024 and 2023, respectively.