MOSAIC CO (MOS) [Rocket]

In millions, except per share items	Dec-31-22	Dec-31-21	Dec-31-20	Dec-31-19	Dec-31-18	Dec-31-17	Dec-31-16	Dec-31-15
	10-K	10-K	10-K	10-K	10-K	10-K	10-K	10-K
Revenues:
Phosphates	6,184.2	4,922.9	3,116.4	3,241.3	3,886.3	762.6		4,620.2
Potash	5,208.5	2,626.8	2,019.3	2,113.8	2,173.9	16.1		2,593.9
International Distribution								2,503.7
Other	7,732.5	4,807.7	3,546.0	3,551.2	3,527.1	814.3
Total revenues	19,125.2	12,357.4	8,681.7	8,906.3	9,587.3	1,593.0	1,362.9	8,895.3
Revenue growth [+]	54.8%	42.3%	-2.5%	-7.1%	501.8%	16.9%	-84.7%	-1.8%
Phosphates	25.6%	58.0%	-3.9%	-16.6%	409.6%			12.8%
Potash	98.3%	30.1%	-4.5%	-2.8%	13402.5%			-8.7%
International Distribution								17.4%
Cost of goods sold	13,606.6	9,368.9	7,843.7	8,258.1	8,088.9	750.2	552.9	7,983.3
Gross profit	5,518.6	2,988.5	838.0	648.2	1,498.4	842.8	810.0	912.0
Gross margin	28.9%	24.2%	9.7%	7.3%	15.6%	52.9%	59.4%	10.3%
Selling, general and administrative	498.0	430.5	371.5	354.1	341.1	301.3	304.2	361.2
Equity in earnings	196.0	7.8	-93.8	-59.4	-4.5	16.7	-15.4	-2.4
Other operating expenses	235.3	-68.6	53.6	-73.1	229.0	75.8	186.8	-728.0
EBITDA [+]	5,915.2	3,447.3	1,166.7	1,190.5	1,807.7	1,147.9	1,014.8	2,016.2
EBITDA growth	71.6%	195.5%	-2.0%	-34.1%	57.5%	13.1%	-49.7%	-7.3%
EBITDA margin	30.9%	27.9%	13.4%	13.4%	18.9%	72.1%	74.5%	22.7%
Depreciation	932.1	811.8	846.4	877.6	878.2	659.4	703.8	732.2
EBITA	4,983.1	2,635.5	320.3	312.9	929.5	488.5	311.0	1,284.0
EBITA margin	26.1%	21.3%	3.7%	3.5%	9.7%	30.7%	22.8%	14.4%
Amortization of intangibles	1.8	1.1	1.2	5.1	5.7	6.1	7.4	7.6
EBIT [+]	4,981.3	2,634.4	319.1	307.8	923.8	482.4	303.6	1,276.4
EBIT growth	89.1%	725.6%	3.7%	-66.7%	91.5%	58.9%	-76.2%	-10.3%
EBIT margin	26.0%	21.3%	3.7%	3.5%	9.6%	30.3%	22.3%	14.3%
Non-recurring items		158.1		1,462.1
Interest expense, net [+]	196.4	220.0	232.8	231.3	196.0	178.9	163.0	126.5
Interest expense	196.4	220.0	232.8	231.3	196.0	178.9	163.0	162.3
Interest income								35.8
Other income (expense), net [+]	-142.4	-31.5	94.6	129.5	-176.3	70.5	101.8	-46.6
Gain (loss) on foreign currency transactions	97.5	-78.5	-64.3	20.2	-191.9	49.9	40.1	-60.5
Other non-ooperating expenses								-17.2
Other	-102.5	3.9	12.9	1.5	-18.8	-3.5	-4.3	17.2
Pre-tax income	4,642.5	2,224.8	180.9	-1,256.1	551.5	374.0	242.4	1,103.3
Income taxes	1,224.3	597.7	-578.5	-224.7	77.1	494.9	-74.2	99.1
Tax rate	26.4%	26.9%		17.9%	14.0%	132.3%		9.0%
Minority interest	31.4	4.3	-0.5	-23.4	-0.1	3.0	3.4	1.4
Net income	3,582.8	1,630.6	666.1	-1,067.4	944.4	-228.1	614.4	2,004.6
Net margin	18.7%	13.2%	7.7%	-12.0%	9.9%	-14.3%	45.1%	22.5%

Basic EPS [+]	$10.17	$4.31	$1.76	($2.78)	$2.45	($0.65)	$1.75	$5.59
Growth	135.7%	145.4%	-163.2%	-213.3%	-477.6%	-137.1%	-68.6%	1.5%
Diluted EPS [+]	$10.06	$4.27	$1.75	($2.78)	$2.44	($0.65)	$1.75	$5.56
Growth	135.5%	144.6%	-162.8%	-213.8%	-476.0%	-137.2%	-68.6%	1.4%

Dividends per share [+]	$0.60	$0.30	$0.20	$0.10	$0.10	$0.35	$1.10	$1.08
Growth	100.0%	50.0%	100.0%	0.0%	-71.4%	-68.2%	2.3%	5.1%

Shares outstanding (basic) [+]	352.4	378.1	379.0	383.8	384.8	350.9	350.4	358.5
Growth	-6.8%	-0.2%	-1.3%	-0.3%	9.7%	0.1%	-2.3%	-4.2%
Shares outstanding (diluted) [+]	356.0	381.6	381.3	383.8	386.4	350.9	351.7	360.3
Growth	-6.7%	0.1%	-0.7%	-0.7%	10.1%	-0.2%	-2.4%	-4.1%

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.