Condensed Consolidating Financial Statements

The following condensed consolidating financial information is presented in accordance with SEC Regulation S-X Rule 3-10, Financial statements of guarantors and issuers of guaranteed securities registered or being registered, and relates to (i) the senior notes due 2020, 2023, 2034, 2043 and 2044 (described in Note 12—Financing Agreements and referred to in this report as the Public Senior Notes) issued by CF Industries, Inc. (CF Industries), a 100% owned subsidiary of CF Industries Holdings, Inc. (Parent), and guarantees of the Public Senior Notes by Parent and by CFE, CFS and CF USA (the Subsidiary Guarantors), which are 100% owned subsidiaries of Parent, and (ii) debt securities of CF Industries (Other Debt Securities), and guarantees thereof by Parent and the Subsidiary Guarantors, that may be offered and sold from time to time under registration statements that may be filed by Parent, CF Industries and the Subsidiary Guarantors with the SEC.

In the event that a subsidiary of Parent, other than CF Industries, becomes a borrower or a guarantor under the Revolving Credit Agreement (or any renewal, replacement or refinancing thereof), such subsidiary would be required to become a guarantor of the Public Senior Notes, provided that such requirement will no longer apply with respect to the Public Senior Notes due 2023, 2034, 2043 and 2044 following the repayment of the Public Senior Notes due 2020 or the subsidiaries of Parent, other than CF Industries, otherwise becoming no longer subject to such a requirement to guarantee the Public Senior Notes due 2020. The Subsidiary Guarantors became guarantors of the Public Senior Notes as a result of this requirement.

All of the guarantees of the Public Senior Notes are, and we have assumed for purposes of this presentation of condensed consolidating financial information that the guarantees of any Other Debt Securities would be, full and unconditional (as such term is defined in SEC Regulation S-X Rule 3-10(h)) and joint and several. The guarantee of a Subsidiary Guarantor will be automatically released with respect to a series of the Public Senior Notes (1) upon the release, discharge or termination of such Subsidiary Guarantor’s guarantee of the Revolving Credit Agreement (or any renewal, replacement or refinancing thereof), (2) upon legal defeasance with respect to the Public Senior Notes of such series or satisfaction and discharge of the indenture with respect to such series of Public Senior Notes or (3) in the case of the Public Senior Notes due 2023, 2034, 2043 and 2044, upon the discharge, termination or release of, or the release of such Subsidiary Guarantor from its obligations under, such Subsidiary Guarantor’s guarantee of the Public Senior Notes due 2020, including, without limitation, any such discharge, termination or release as a result of retirement, discharge or legal or covenant defeasance of, or satisfaction and discharge of the supplemental indenture governing, the Public Senior Notes due 2020.

For purposes of the presentation of condensed consolidating financial information, the subsidiaries of Parent other than CF Industries and the Subsidiary Guarantors are referred to as the Non-Guarantors.

Presented below are condensed consolidating statements of operations and statements of cash flows for Parent, CF Industries, the Subsidiary Guarantors and the Non-Guarantors for the years ended December 31, 2018, 2017 and 2016 and condensed consolidating balance sheets for Parent, CF Industries, the Subsidiary Guarantors and the Non-Guarantors as of December 31, 2018 and 2017. The condensed consolidating financial information presented below is not necessarily indicative of the financial position, results of operations, comprehensive income (loss) or cash flows of Parent, CF Industries, the Subsidiary Guarantors or the Non-Guarantors on a stand-alone basis.

In these condensed consolidating financial statements, investments in subsidiaries are presented under the equity method, in which our investments are recorded at cost and adjusted for our ownership share of a subsidiary’s cumulative results of operations, distributions and other equity changes, and the eliminating entries reflect primarily intercompany transactions such as sales, accounts receivable and accounts payable and the elimination of equity investments and earnings of subsidiaries. As of December 31, 2018, two of our consolidated entities have made elections to be taxed as partnerships for U.S. federal income tax purposes and are included in the Non-Guarantors column. Due to the partnership tax treatment, these subsidiaries do not record taxes on their financial statements. The tax provision pertaining to the income of these partnerships, plus applicable deferred tax balances are reflected on the financial statements of the parent company owner that is included in the Subsidiary Guarantors column in the following financial information. Liabilities related to benefit plan obligations are reflected on the legal entity that funds the obligation, while the benefit plan expense is included on the legal entity to which the employee provides services.

Condensed Consolidating Statement of Operations



	Year ended December 31, 2018
	Parent			CF Industries			Subsidiary Guarantors			Non- Guarantors			Eliminations			Consolidated
	(in millions)
Net sales	$	—		$	349		$	3,470		$	3,604		$	(2,994	)	$	4,429
Cost of sales	—			288			3,237			2,970			(2,983		)	3,512
Gross margin	—			61			233			634			(11		)	917
Selling, general and administrative expenses	4			1			143			77			(11		)	214
Other operating—net	—			(11		)	(1		)	(15		)	—			(27		)
Total other operating costs and expenses	4			(10		)	142			62			(11		)	187
Equity in earnings of operating affiliates	—			2			—			34			—			36
Operating (loss) earnings	(4		)	73			91			606			—			766
Interest expense	—			245			14			5			(23		)	241
Interest income	(2		)	(5		)	(9		)	(20		)	23			(13		)
Net earnings of wholly owned subsidiaries	(292		)	(423		)	(477		)	—			1,192			—
Other non-operating—net	—			—			(2		)	(7		)	—			(9		)
Earnings before income taxes	290			256			565			628			(1,192		)	547
Income tax (benefit) provision	—			(36		)	151			4			—			119
Net earnings	290			292			414			624			(1,192		)	428
Less: Net earnings attributable to noncontrolling interests	—			—			—			138			—			138
Net earnings attributable to common stockholders	$	290		$	292		$	414		$	486		$	(1,192	)	$	290

Condensed Consolidating Statement of Comprehensive Income



	Year ended December 31, 2018
	Parent			CF Industries			Subsidiary Guarantors			Non- Guarantors			Eliminations			Consolidated
	(in millions)
Net earnings	$	290		$	292		$	414		$	624		$	(1,192	)	$	428
Other comprehensive loss	(109		)	(109		)	(87		)	(103		)	311			(97		)
Comprehensive income	181			183			327			521			(881		)	331
Less: Comprehensive income attributable to noncontrolling interests	—			—			—			138			—			138
Comprehensive income attributable to common stockholders	$	181		$	183		$	327		$	383		$	(881	)	$	193

Condensed Consolidating Statement of Operations



	Year ended December 31, 2017
	Parent			CF Industries			Subsidiary Guarantors			Non- Guarantors			Eliminations			Consolidated
	(in millions)
Net sales	$	—		$	442		$	3,257		$	3,380		$	(2,949	)	$	4,130
Cost of sales	—			278			3,382			2,985			(2,949		)	3,696
Gross margin	—			164			(125		)	395			—			434
Selling, general and administrative expenses	4			(4		)	112			79			—			191
Other operating—net	—			2			3			13			—			18
Total other operating costs and expenses	4			(2		)	115			92			—			209
Equity in (loss) earnings of operating affiliates	—			(3		)	—			12			—			9
Operating (loss) earnings	(4		)	163			(240		)	315			—			234
Interest expense	—			318			37			5			(45		)	315
Interest income	—			(33		)	(11		)	(13		)	45			(12		)
Loss on debt extinguishment	—			53			—			—			—			53
Net loss (earnings) of wholly owned subsidiaries	361			1,091			(204		)	—			(1,248		)	—
Other non-operating—net	—			—			4			(1		)	—			3
(Loss) earnings before income taxes	(365		)	(1,266		)	(66		)	324			1,248			(125		)
Income tax (benefit) provision	(723		)	(905		)	1,037			16			—			(575		)
Net earnings (loss)	358			(361		)	(1,103		)	308			1,248			450
Less: Net earnings attributable to noncontrolling interests	—			—			—			92			—			92
Net earnings (loss) attributable to common stockholders	$	358		$	(361	)	$	(1,103	)	$	216		$	1,248		$	358

Condensed Consolidating Statement of Comprehensive Income (Loss)



	Year ended December 31, 2017
	Parent		CF Industries			Subsidiary Guarantors			Non- Guarantors		Eliminations			Consolidated
	(in millions)
Net earnings (loss)	$	358	$	(361	)	$	(1,103	)	$	308	$	1,248		$	450
Other comprehensive income	135		135			91			130		(356		)	135
Comprehensive income (loss)	493		(226		)	(1,012		)	438		892			585
Less: Comprehensive income attributable to noncontrolling interests	—		—			—			92		—			92
Comprehensive income (loss) attributable to common stockholders	$	493	$	(226	)	$	(1,012	)	$	346	$	892		$	493

Condensed Consolidating Statement of Operations



	Year ended December 31, 2016
	Parent			CF Industries			Subsidiary Guarantors			Non- Guarantors			Eliminations			Consolidated
	(in millions)
Net sales	$	—		$	362		$	2,932		$	2,939		$	(2,548	)	$	3,685
Cost of sales	—			207			2,803			2,380			(2,548		)	2,842
Gross margin	—			155			129			559			—			843
Selling, general and administrative expenses	4			9			104			56			—			173
Transaction costs	(46		)	—			223			2			—			179
Other operating—net	—			7			30			171			—			208
Total other operating costs and expenses	(42		)	16			357			229			—			560
Equity in loss of operating affiliates	—			—			—			(145		)	—			(145		)
Operating earnings (losses)	42			139			(228		)	185			—			138
Interest expense	—			347			85			(155		)	(77		)	200
Interest income	—			(49		)	(8		)	(25		)	77			(5		)
Loss on debt extinguishment	—			167			—			—			—			167
Net loss (earnings) of wholly owned subsidiaries	304			92			(315		)	—			(81		)	—
Other non-operating—net	—			—			4			(2		)	—			2
(Loss) earnings before income taxes	(262		)	(418		)	6			367			81			(226		)
Income tax provision (benefit)	15			(114		)	18			13			—			(68		)
Net (loss) earnings	(277		)	(304		)	(12		)	354			81			(158		)
Less: Net earnings attributable to noncontrolling interest	—			—			—			119			—			119
Net (loss) earnings attributable to common stockholders	$	(277	)	$	(304	)	$	(12	)	$	235		$	81		$	(277	)

Condensed Consolidating Statement of Comprehensive (Loss) Income



	Year ended December 31, 2016
	Parent			CF Industries			Subsidiary Guarantors			Non- Guarantors			Eliminations		Consolidated
	(in millions)
Net (loss) earnings	$	(277	)	$	(304	)	$	(12	)	$	354		$	81	$	(158	)
Other comprehensive loss	(148		)	(148		)	(68		)	(134		)	350		(148		)
Comprehensive (loss) income	(425		)	(452		)	(80		)	220			431		(306		)
Less: Comprehensive income attributable to noncontrolling interest	—			—			—			119			—		119
Comprehensive (loss) income attributable to common stockholders	$	(425	)	$	(452	)	$	(80	)	$	101		$	431	$	(425	)

Condensed Consolidating Balance Sheet



	December 31, 2018
	Parent			CF Industries			Subsidiary Guarantors			Non- Guarantors			Eliminations and Reclassifications			Consolidated
	(in millions)
Assets
Current assets:
Cash and cash equivalents	$	36		$	27		$	65		$	554		$	—		$	682
Accounts and notes receivable—net	135			500			1,203			911			(2,514		)	235
Inventories	—			4			142			163			—			309
Prepaid income taxes	—			—			24			4			—			28
Other current assets	—			—			15			5			—			20
Total current assets	171			531			1,449			1,637			(2,514		)	1,274
Property, plant and equipment—net	—			—			118			8,505			—			8,623
Investments in affiliates	3,656			8,208			6,857			94			(18,722		)	93
Goodwill	—			—			2,064			289			—			2,353
Other assets	—			4			126			320			(132		)	318
Total assets	$	3,827		$	8,743		$	10,614		$	10,845		$	(21,368	)	$	12,661
Liabilities and Equity
Current liabilities:
Accounts and notes payable and accrued expenses	$	870		$	374		$	1,429		$	386		$	(2,514	)	$	545
Income taxes payable	—			—			5			—			—			5
Customer advances	—			—			149			—			—			149
Other current liabilities	—			—			6			—			—			6
Total current liabilities	870			374			1,589			386			(2,514		)	705
Long-term debt	—			4,698			43			89			(132		)	4,698
Deferred income taxes	—			—			960			157			—			1,117
Other liabilities	—			15			232			163			—			410
Equity:
Stockholders’ equity:
Preferred stock	—			—			—			—			—			—
Common stock	2			—			—			5,363			(5,363		)	2
Paid-in capital	1,368			1,799			9,070			1,265			(12,134		)	1,368
Retained earnings	2,463			2,229			(995		)	965			(2,199		)	2,463
Treasury stock	(504		)	—			—			—			—			(504		)
Accumulated other comprehensive loss	(372		)	(372		)	(277		)	(324		)	974			(371		)
Total stockholders’ equity	2,957			3,656			7,798			7,269			(18,722		)	2,958
Noncontrolling interests	—			—			(8		)	2,781			—			2,773
Total equity	2,957			3,656			7,790			10,050			(18,722		)	5,731
Total liabilities and equity	$	3,827		$	8,743		$	10,614		$	10,845		$	(21,368	)	$	12,661

Condensed Consolidating Balance Sheet



	December 31, 2017
	Parent			CF Industries			Subsidiary Guarantors			Non- Guarantors			Eliminations and Reclassifications			Consolidated
	(in millions)
Assets
Current assets:
Cash and cash equivalents	$	—		$	15		$	388		$	432		$	—		$	835
Accounts and notes receivable—net	743			1,553			2,670			768			(5,427		)	307
Inventories	—			4			104			167			—			275
Prepaid income taxes	—			—			33			—			—			33
Other current assets	—			—			10			5			—			15
Total current assets	743			1,572			3,205			1,372			(5,427		)	1,465
Property, plant and equipment—net	—			—			123			9,052			—			9,175
Deferred income taxes	—			8			—			—			(8		)	—
Investments in affiliates	4,055			8,411			6,490			108			(18,956		)	108
Goodwill	—			—			2,063			308			—			2,371
Other assets	—			85			82			453			(276		)	344
Total assets	$	4,798		$	10,076		$	11,963		$	11,293		$	(24,667	)	$	13,463
Liabilities and Equity
Current liabilities:
Accounts and notes payable and accrued expenses	$	1,219		$	1,314		$	2,658		$	708		$	(5,427	)	$	472
Income taxes payable	—			—			—			2			—			2
Customer advances	—			—			89			—			—			89
Other current liabilities	—			—			14			3			—			17
Total current liabilities	1,219			1,314			2,761			713			(5,427		)	580
Long-term debt	—			4,692			198			78			(276		)	4,692
Deferred income taxes	—			—			876			179			(8		)	1,047
Other liabilities	—			16			243			201			—			460
Equity:
Stockholders’ equity:
Preferred stock	—			—			—			—			—			—
Common stock	2			—			—			4,738			(4,738		)	2
Paid-in capital	1,397			1,854			9,505			1,783			(13,142		)	1,397
Retained earnings	2,443			2,463			(1,432		)	709			(1,740		)	2,443
Treasury stock	—			—			—			—			—			—
Accumulated other comprehensive loss	(263		)	(263		)	(180		)	(221		)	664			(263		)
Total stockholders’ equity	3,579			4,054			7,893			7,009			(18,956		)	3,579
Noncontrolling interests	—			—			(8		)	3,113			—			3,105
Total equity	3,579			4,054			7,885			10,122			(18,956		)	6,684
Total liabilities and equity	$	4,798		$	10,076		$	11,963		$	11,293		$	(24,667	)	$	13,463

Condensed Consolidating Statement of Cash Flows



	Year ended December 31, 2018
	Parent			CF Industries			Subsidiary Guarantors			Non- Guarantors			Eliminations			Consolidated
	(in millions)
Operating Activities:
Net earnings	$	290		$	292		$	414		$	624		$	(1,192	)	$	428
Adjustments to reconcile net earnings to net cash provided by (used in) operating activities:
Depreciation and amortization	—			9			22			857			—			888
Deferred income taxes	—			—			88			(10		)	—			78
Stock-based compensation expense	21			—			—			1			—			22
Unrealized net gain on natural gas derivatives	—			—			(10		)	(3		)	—			(13		)
Loss on embedded derivative	—			—			1			—			—			1
Loss on disposal of property, plant and equipment	—			—			—			6			—			6
Undistributed earnings of affiliates—net	(292		)	(423		)	(477		)	(3		)	1,192			(3		)
Changes in:
Intercompany accounts receivable/accounts payable—net	(14		)	(117		)	169			(38		)	—			—
Accounts receivable—net	—			(7		)	68			7			—			68
Inventories	—			(1		)	(37		)	(14		)	—			(52		)
Accrued and prepaid income taxes	(1		)	(35		)	51			(7		)	—			8
Accounts and notes payable and accrued expenses	—			(12		)	34			22			—			44
Customer advances	—			—			59			—			—			59
Other—net	—			9			7			(53		)	—			(37		)
Net cash provided by (used in) operating activities	4			(285		)	389			1,389			—			1,497
Investing Activities:
Additions to property, plant and equipment	—			—			(14		)	(408		)	—			(422		)
Proceeds from sale of property, plant and equipment	—			—			—			26			—			26
Distributions received from unconsolidated affiliates	—			503			7			(500		)	—			10
Insurance proceeds	—			—			—			10			—			10
Investments in consolidated subsidiaries - capital contributions	—			(31		)	(415		)	446			—			—
Other—net	—			—			—			1			—			1
Net cash provided by (used in) investing activities	—			472			(422		)	(425		)	—			(375		)
Financing Activities:
Long-term debt—net	—			69			90			(159		)	—			—
Short-term debt—net	234			292			(424		)	(102		)	—			—
Financing fees	—			1			—			—			—			1
Dividends paid on common stock	(280		)	(537		)	—			(49		)	586			(280		)
Dividends to/from affiliates	537			—			49			—			(586		)	—
Acquisition of noncontrolling interests in TNCLP	—			—			—			(388		)	—			(388		)
Payment to CHS related to credit provision	—			—			(5		)	—			—			(5		)
Distributions to noncontrolling interests	—			—			—			(139		)	—			(139		)
Purchases of treasury stock	(467		)	—			—			—			—			(467		)
Issuances of common stock under employee stock plans	12			—			—			—			—			12
Shares withheld for taxes	(4		)	—			—			—			—			(4		)
Net cash provided by (used in) financing activities	32			(175		)	(290		)	(837		)	—			(1,270		)
Effect of exchange rate changes on cash and cash equivalents	—			—			—			(5		)	—			(5		)
Increase (decrease) in cash and cash equivalents	36			12			(323		)	122			—			(153		)
Cash and cash equivalents at beginning of period	—			15			388			432			—			835
Cash and cash equivalents at end of period	$	36		$	27		$	65		$	554		$	—		$	682

Condensed Consolidating Statement of Cash Flows



	Year ended December 31, 2017
	Parent			CF Industries			Subsidiary Guarantors			Non- Guarantors			Eliminations			Consolidated
	(in millions)
Operating Activities:
Net earnings (loss)	$	358		$	(361	)	$	(1,103	)	$	308		$	1,248		$	450
Adjustments to reconcile net earnings (loss) to net cash (used in) provided by operating activities:
Depreciation and amortization	—			13			22			848			—			883
Deferred income taxes	—			—			(599		)	(2		)	—			(601		)
Stock-based compensation expense	17			—			—			—			—			17
Unrealized net loss on natural gas derivatives	—			—			51			10			—			61
Loss on embedded derivative	—			—			4			—			—			4
Gain on sale of equity method investments	—			—			—			(14		)	—			(14		)
Loss on debt extinguishment	—			53			—			—			—			53
Loss on disposal of property, plant and equipment	—			—			—			3			—			3
Undistributed losses (earnings) of affiliates—net	361			1,091			(204		)	3			(1,248		)	3
Changes in:
Intercompany accounts receivable/accounts payable—net	(736		)	(1,297		)	1,527			506			—			—
Accounts receivable—net	—			—			(51		)	(6		)	—			(57		)
Inventories	—			(4		)	60			(16		)	—			40
Accrued and prepaid income taxes	(1		)	(60		)	1,217			(347		)	—			809
Accounts and notes payable and accrued expenses	—			228			27			(256		)	—			(1		)
Customer advances	—			—			48			—			—			48
Other—net	—			(5		)	(32		)	(30		)	—			(67		)
Net cash (used in) provided by operating activities	(1		)	(342		)	967			1,007			—			1,631
Investing Activities:
Additions to property, plant and equipment	—			—			(12		)	(461		)	—			(473		)
Proceeds from sale of property, plant and equipment	—			—			—			20			—			20
Proceeds from sale of equity method investment	—			—			—			16			—			16
Distributions received from unconsolidated affiliates	—			—			179			(165		)	—			14
Proceeds from sale of auction rate securities	—			9			—			—			—			9
Other—net	—			—			—			1			—			1
Net cash provided by (used in) investing activities	—			9			167			(589		)	—			(413		)
Financing Activities:
Long-term debt—net	—			(125		)	150			(25		)	—			—
Payments of long-term borrowings	—			(1,148		)	—			—			—			(1,148		)
Short-term debt—net	280			1,584			(1,870		)	6			—			—
Payment to CHS related to credit provision	—			—			(5		)	—			—			(5		)
Financing fees	—			(1		)	—			—			—			(1		)
Dividends paid on common stock	(280		)	—			—			(103		)	103			(280		)
Distributions to noncontrolling interests	—			—			—			(131		)	—			(131		)
Issuances of common stock under employee stock plans	1			—			—			—			—			1
Dividends to/from affiliates	—			2			101			—			(103		)	—
Net cash provided by (used in) financing activities	1			312			(1,624		)	(253		)	—			(1,564		)
Effect of exchange rate changes on cash and cash equivalents	—			—			—			12			—			12
(Decrease) increase in cash, cash equivalents and restricted cash	—			(21		)	(490		)	177			—			(334		)
Cash, cash equivalents and restricted cash at beginning of period	—			36			878			255			—			1,169
Cash, cash equivalents and restricted cash at end of period	$	—		$	15		$	388		$	432		$	—		$	835

Condensed Consolidating Statement of Cash Flows



	Year ended December 31, 2016
	Parent			CF Industries			Subsidiary Guarantors			Non- Guarantors			Eliminations			Consolidated
	(in millions)
Operating Activities:
Net (loss) earnings	$	(277	)	$	(304	)	$	(12	)	$	354		$	81		$	(158	)
Adjustments to reconcile net (loss) earnings to net cash provided by (used in) operating activities:
Depreciation and amortization	—			21			55			602			—			678
Deferred income taxes	—			—			740			(1		)	—			739
Stock-based compensation expense	18			—			—			1			—			19
Unrealized net gain on natural gas derivatives	—			—			(225		)	(35		)	—			(260		)
Loss on embedded derivative	—			—			23			—			—			23
Impairment of equity method investment in PLNL	—			—			—			134			—			134
Loss on debt extinguishment	—			167			—			—			—			167
Loss on disposal of property, plant and equipment	—			—			2			8			—			10
Undistributed losses (earnings) of affiliates—net	304			92			(315		)	9			(81		)	9
Changes in:
Intercompany accounts receivable/accounts payable—net	(4		)	(10		)	308			(294		)	—			—
Accounts receivable—net	—			44			(11		)	(15		)	—			18
Inventories	—			—			(8		)	1			—			(7		)
Accrued and prepaid income taxes	—			—			(682		)	6			—			(676		)
Accounts and notes payable and accrued expenses	(8		)	(63		)	(12		)	65			—			(18		)
Customer advances	—			—			(120		)	—			—			(120		)
Other—net	—			(6		)	(17		)	82			—			59
Net cash provided by (used in) operating activities	33			(59		)	(274		)	917			—			617
Investing Activities:
Additions to property, plant and equipment	—			—			(25		)	(2,186		)	—			(2,211		)
Proceeds from sale of property, plant and equipment	—			—			4			10			—			14
Investments in unconsolidated affiliates	—			(44		)	(649		)	—			693			—
Other—net	—			6			—			(4		)	—			2
Net cash used in investing activities	—			(38		)	(670		)	(2,180		)	693			(2,195		)
Financing Activities:
Long-term debt—net	—			125			—			(125		)	—			—
Proceeds from long-term borrowings	—			1,244			—			—			—			1,244
Payments of long-term borrowings	—			(1,170		)	—			—			—			(1,170		)
Short-term debt—net	106			(40		)	(371		)	305			—			—
Proceeds from short-term borrowings	—			150			—			—			—			150
Payments on short-term borrowings	—			(150		)	—			—			—			(150		)
Payment to CHS related to credit provision	—			—			(5		)	—			—			(5		)
Financing fees	—			(31		)	—			—			—			(31		)
Dividends paid on common stock	(280		)	(140		)	(140		)	(222		)	502			(280		)
Issuance of noncontrolling interest in CFN	—			—			—			2,800			—			2,800
Distributions to noncontrolling interests	—			—			—			(119		)	—			(119		)
Distributions received for CHS strategic venture	—			—			2,000			(2,000		)	—			—
Dividends to/from affiliates	140			145			217			—			(502		)	—
Other—net	—			—			—			693			(693		)	—
Net cash (used in) provided by financing activities	(34		)	133			1,701			1,332			(693		)	2,439
Effect of exchange rate changes on cash and cash equivalents	—			—			—			(1		)	—			(1		)
(Decrease) increase in cash, cash equivalents and restricted cash	(1		)	36			757			68			—			860
Cash, cash equivalents and restricted cash at beginning of period	1			—			121			187			—			309
Cash, cash equivalents and restricted cash at end of period	$	—		$	36		$	878		$	255		$	—		$	1,169