Mosaic Company (The) (MOS) financial statements (2021 and earlier)
Company profile
| Business Address |
101 EAST KENNEDY BLVD. TAMPA, FL 33602 |
| State of Incorp. | |
| Fiscal Year End | December 31 |
| SIC | 287 - Agricultural Chemicals (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in millions)
| 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 574 | 519 | 848 | 2,154 | 673 | 1,276 | 2,375 | ||
| Cash and cash equivalents | 574 | 519 | 848 | 2,154 | 673 | 1,276 | 2,375 | ||
| Receivables | 881 | 804 | 839 | 643 | 628 | 675 | 754 | ||
| Inventory, net of allowances, customer advances and progress billings | 1,739 | 2,076 | 2,270 | 1,547 | 1,391 | 1,564 | 1,718 | ||
| Inventory | 1,739 | 2,076 | 2,270 | 1,547 | 1,391 | 1,564 | 1,718 | ||
| Prepaid expense | 64 | ||||||||
| Deferred costs | 50 | ||||||||
| Disposal group, including discontinued operation | 6 | ||||||||
| Other current assets | 327 | 319 | 281 | 273 | 366 | 630 | 368 | ||
| Other undisclosed current assets | 29 | ||||||||
| Total current assets: | 3,521 | 3,718 | 4,237 | 4,617 | 3,058 | 4,145 | 5,364 | ||
| Noncurrent Assets | |||||||||
| Finance lease, right-of-use asset | 423 | ✕ | ✕ | ✕ | ✕ | ✕ | |||
| Property, plant and equipment | 11,854 | 11,690 | 11,747 | 9,712 | 9,199 | 8,721 | 9,314 | ||
| Long-term investments and receivables | 673 | 764 | 827 | 1,090 | 1,063 | 981 | 886 | ||
| Long-term investments | 673 | 764 | 827 | 1,090 | 1,063 | 981 | 886 | ||
| Intangible assets, net (including goodwill) | 1,173 | 1,157 | 1,708 | 1,694 | 1,631 | 1,595 | 1,807 | ||
| Goodwill | 1,173 | 1,157 | 1,708 | 1,694 | 1,631 | 1,595 | 1,807 | ||
| Assets held-in-trust | 630 | ||||||||
| Deferred income tax assets | 1,179 | ✕ | ✕ | ✕ | ✕ | ✕ | |||
| Other noncurrent assets | 1,389 | 1,454 | 1,258 | 1,268 | 1,054 | 1,279 | 554 | ||
| Other undisclosed noncurrent assets | 92 | 344 | 255 | 206 | 692 | 359 | |||
| Total noncurrent assets: | 16,269 | 15,580 | 15,882 | 14,017 | 13,783 | 13,268 | 12,919 | ||
| TOTAL ASSETS: | 19,790 | 19,299 | 20,119 | 18,633 | 16,841 | 17,412 | 18,283 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 2,002 | 1,762 | 1,873 | 1,295 | 1,309 | 1,498 | 1,745 | ||
| Accounts payable | 769 | 680 | 781 | 541 | 472 | 521 | 797 | ||
| Accrued liabilities | 1,233 | 1,082 | 1,093 | 754 | 837 | 972 | 726 | ||
| Employee-related liabilities | 173 | ||||||||
| Taxes payable | 6 | 49 | |||||||
| Debt | 1,144 | 89 | 38 | 350 | 39 | 69 | 55 | ||
| Asset retirement obligation | 88 | ||||||||
| Deferred tax liabilities | ✕ | ✕ | 4 | ||||||
| Customer advances and deposits | ✕ | ✕ | ✕ | 102 | |||||
| Other undisclosed current liabilities | 741 | 573 | 386 | 129 | 482 | (392) | |||
| Total current liabilities: | 3,147 | 2,592 | 2,484 | 2,031 | 1,477 | 2,048 | 1,600 | ||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation, including: | 4,074 | 4,526 | 4,492 | 4,878 | 3,779 | 3,791 | 3,778 | ||
| Finance lease, liability | 295 | 303 | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Operating lease, liability | 127 | ✕ | ✕ | ✕ | ✕ | ✕ | |||
| Other undisclosed long-term debt and lease obligation | 3,779 | 4,095 | 4,492 | 4,878 | 3,779 | 3,791 | 3,778 | ||
| Liabilities, other than long-term debt | 2,814 | 1,773 | 2,539 | 2,085 | 1,962 | 2,008 | 3,384 | ||
| Accounts payable and accrued liabilities | 262 | ||||||||
| Asset retirement obligations | 772 | ||||||||
| Deferred tax liabilities, net | ✕ | ✕ | 1,081 | 1,117 | 1,009 | 977 | 984 | ||
| Deferred income tax liabilities | 1,061 | ✕ | ✕ | ✕ | ✕ | ✕ | |||
| Liability for uncertainty in income taxes | 89 | ||||||||
| Liability, pension and other postretirement and postemployment benefits | 78 | ||||||||
| Other liabilities | 1,754 | 1,773 | 1,459 | 968 | 953 | 1,031 | 1,200 | ||
| Other undisclosed noncurrent liabilities | 1,041 | (1,200) | |||||||
| Total noncurrent liabilities: | 6,888 | 7,339 | 7,031 | 6,963 | 5,741 | 5,799 | 5,962 | ||
| Total liabilities: | 10,035 | 9,931 | 9,515 | 8,994 | 7,218 | 7,847 | 7,562 | ||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent, including: | 9,581 | 9,186 | 10,397 | 9,618 | 9,585 | 9,532 | 10,703 | ||
| Common stock | 4 | 4 | 4 | 4 | |||||
| Additional paid in capital | 873 | 858 | 986 | 45 | 30 | 6 | 4 | ||
| Accumulated other comprehensive loss | (1,806) | (1,598) | (1,657) | (1,062) | (1,312) | (1,493) | (474) | ||
| Retained earnings | 10,511 | 9,922 | 11,065 | 10,631 | 10,863 | 11,015 | 11,169 | ||
| Other undisclosed stockholders' equity attributable to parent | 4 | 4 | 4 | ||||||
| Stockholders' equity attributable to noncontrolling interest | 174 | 182 | 207 | 22 | 38 | 33 | 18 | ||
| Total stockholders' equity: | 9,755 | 9,368 | 10,605 | 9,639 | 9,623 | 9,565 | 10,721 | ||
| TOTAL LIABILITIES AND EQUITY: | 19,790 | 19,299 | 20,119 | 18,633 | 16,841 | 17,412 | 18,283 | ||
Income statement (P&L) ($ in millions)
| 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 8,682 | 970 | 842 | 7,409 | 7,163 | 8,895 | 10,002 | |
| Revenue, net | ✕ | ✕ | ✕ | 7,409 | 7,163 | 8,895 | 10,002 | |
| Revenue from related parties | 970 | 842 | ✕ | ✕ | ✕ | ✕ | ||
| Cost of revenue (Cost of Goods and Services Sold) | (7,617) | (6,567) | (6,353) | (7,177) | (7,129) | |||
| Other undisclosed gross profit | (72) | 656 | (946) | |||||
| Gross profit: | 1,065 | 897 | 1,498 | 843 | 810 | 1,718 | 1,927 | |
| Operating expenses | (372) | (354) | (341) | (377) | (491) | (439) | (506) | |
| Other operating income (expense), net | (281) | (176) | 229 | |||||
| Other undisclosed operating loss | (1,462) | (458) | (109) | |||||
| Operating income (loss): | 413 | (1,095) | 928 | 466 | 319 | 1,279 | 1,312 | |
| Nonoperating income (expense) | (51) | 22 | (211) | 46 | 36 | (78) | 73 | |
| Foreign currency transaction gain (loss), before tax | (64) | 20 | (192) | 50 | 40 | (61) | 79 | |
| Other nonoperating income (expense) | 13 | 2 | (19) | (4) | (4) | (17) | (6) | |
| Interest and debt expense | (214) | (216) | (216) | (171) | (141) | (134) | (129) | |
| Other undisclosed income (loss) from continuing operations before equity method investments, income taxes | 34 | 33 | 50 | 33 | 28 | 36 | (39) | |
| Income (loss) from continuing operations before equity method investments, income taxes: | 181 | (1,256) | 552 | 374 | 242 | 1,103 | 1,217 | |
| Loss from equity method investments | (2) | |||||||
| Income (loss) from continuing operations before income taxes: | 181 | (1,256) | 552 | 374 | 242 | 1,103 | 1,215 | |
| Income tax expense (benefit) | 579 | 225 | (77) | (495) | 74 | (99) | (185) | |
| Other undisclosed income from continuing operations | 2 | |||||||
| Income (loss) before gain (loss) on sale of properties: | 759 | (1,031) | 474 | (121) | 317 | 1,004 | 1,033 | |
| Other undisclosed net income (loss) | (94) | (59) | (5) | 17 | (15) | (2) | (2) | |
| Net income (loss): | 666 | (1,091) | 470 | (104) | 301 | 1,002 | 1,030 | |
| Net income (loss) attributable to noncontrolling interest | 1 | 23 | 0 | (3) | (3) | (1) | (2) | |
| Net income (loss) available to common stockholders, diluted: | 666 | (1,067) | 470 | (107) | 298 | 1,000 | 1,029 | |
Comprehensive Income ($ in millions)
| 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 666 | (1,091) | 470 | (104) | 301 | 1,002 | 1,030 | |
| Other comprehensive income (loss) | (215) | 58 | (601) | 250 | 183 | (1,024) | (590) | |
| Comprehensive income (loss): | 450 | (1,033) | (131) | 146 | 484 | (22) | 440 | |
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | 8 | 25 | 5 | (3) | (6) | 4 | 0 | |
| Comprehensive income (loss), net of tax, attributable to parent: | 458 | (1,009) | (126) | 143 | 479 | (19) | 441 | |
Statements sources
The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.