EX-99.1 2 performancedatarecast2018-.htm EXHIBIT 99.1 - RECAST HISTORICAL QUARTERLY FINANCIAL INFORMATION Exhibit


Exhibit 99.1
The Mosaic Company
Selected Calendar Quarter Financial Information
(Unaudited)
 
Q1 2017
Q2 2017
Q3 2017
Q4 2017
Q1 2018
Q2 2018
Q3 2018
Q4 2018
Consolidated data (in millions, except per share)
 
 
 
 
 
 
 
 
Diluted net earnings (loss) per share
$

$
0.28

$
0.65

$
(1.23
)
$
0.11

$
0.18

$
0.64

$
0.29

Notable items impact on earnings per share(a)
(0.04
)
(0.01
)
0.22

(1.57
)
(0.09
)
(0.22
)
(0.11
)
(0.48
)
Adjusted diluted net earnings per share(a)
$
0.04

$
0.29

$
0.43

$
0.34

$
0.20

$
0.40

$
0.75

$
0.77

Diluted weighted average # of shares outstanding
350.5

352.0

352.2

351.0

384.1

387.2

387.5

387.6

 
 
 
 
 
 
 
 
 
Total Net Sales
$
1,578

$
1,755

$
1,985

$
2,092

$
1,934

$
2,205

$
2,928

$
2,521

Cost of goods sold
1,449

1,562

1,744

1,812

1,691

1,910

2,432

2,055

Gross Margin
$
130

$
192

$
241

$
280

$
243

$
295

$
496

$
466

SG&A
81

71

66

83

94

79

79

90

Other operating expense
19

27

(39
)
70

68

20

24

118

Operating earnings
$
30

$
95

$
214

$
127

$
81

$
196

$
393

$
258

Interest expense, net
(26
)
(36
)
(36
)
(40
)
(49
)
(45
)
(41
)
(31
)
Consolidated foreign currency gain/(loss)
9

9

59

(27
)
(32
)
(79
)
(2
)
(79
)
Earnings from consolidated companies before income taxes
9

69

237

59

(7
)
70

342

145

Provision for (benefit from) income taxes
10

(23
)
18

490

(50
)
4

91

33

Earnings (loss) from consolidated companies
$
(1
)
$
91

$
220

$
(431
)
$
43

$
66

$
251

$
112

Equity in net earnings (loss) of nonconsolidated companies

6

10

1

(3
)
2

(2
)
(1
)
Less: Net earnings (loss) attributable to noncontrolling interests


2

1

(2
)

2

(1
)
Net earnings (loss) attributable to Mosaic
$
(1
)
$
97

$
228

$
(431
)
$
42

$
68

$
247

$
112

After tax Notable items included in earnings
$
(11
)
$
(5
)
$
79

$
(550
)
$
(35
)
$
(86
)
$
(41
)
$
(185
)
 
 
 
 
 
 
 
 
 
Gross Margin Rate
8
%
11
 %
12
%
13
%
13
%
13
%
17
%
18
%
 
 
 
 
 
 
 
 
 
Effective Tax Rate (including discrete tax)
112
%
(33
)%
7
%
828
%
714
%
5
%
26
%
23
%
Discrete Tax benefit (expense)
$
(9
)
$
16

$
5

$
(463
)
$
48

$
13

$
(29
)
$
(33
)
 
 
 
 
 
 
 
 
 
Depreciation, Depletion and Amortization
$
159

$
166

$
169

$
172

$
217

$
217

$
215

$
235

Accretion Expense
$
7

$
6

$
6

$
6

$
12

$
12

$
13

$
11

Share-Based Compensation Expense
$
16

$
5

$
4

$
3

$
15

$
7

$
3

$
2

Notable Items
$
1

$
12

$
(93
)
$
95

$
115

$
128

$
13

$
176

Adjusted EBITDA(b)
$
217

$
300

$
368

$
375

$
399

$
480

$
622

$
603

 
 
 
 
 
 
 
 
 
Net cash provided by (used in) operating activities
$
146

$
243

$
136

$
411

$
(71
)
$
807

$
524

$
150

Cash paid for interest (net of amount capitalized)
8

67

24

57

11

78

9

76

Cash paid for income taxes (net of refunds)

(9
)
(8
)
(53
)
13

14

(13
)
(48
)
Net cash used in investing activities
$
(245
)
$
(177
)
$
(221
)
$
(25
)
$
(1,220
)
$
(197
)
$
(244
)
$
(284
)
Capital expenditures
(224
)
(169
)
(198
)
(230
)
(223
)
(201
)
(241
)
(289
)
Net cash (used in) provided by financing activities
$
102

$
(85
)
$
94

$
1,090

$
(213
)
$
(170
)
$
(297
)
$
(45
)
Cash dividends paid
(96
)
(53
)
(53
)
(9
)
(10
)
(10
)
(10
)
(10
)
Effect of exchange rate changes on cash
$
3

$
2

$
18

$
(8
)
$
13

$
(65
)
$
(11
)
$
(1
)
Net change in cash and cash equivalents
$
6

$
(18
)
$
27

$
1,468

$
(1,491
)
$
375

$
(28
)
$
(180
)
 
 
 
 
 
 
 
 
 
Short-term debt
$
124

$
65

$
59

$
6

$
72

$
20

$
26

$
12

Long-term debt (including current portion)
3,828

3,843

3,856

5,222

5,074

4,998

4,584

4,518

Cash & cash equivalents
675

661

686

2,154

659

1,035

1,030

848

Net debt
$
3,276

$
3,247

$
3,229

$
3,074

$
4,487

$
3,983

$
3,580

$
3,682

 
 
 
 
 
 
 
 
 
Segment Contributions (in millions)
 
 
 
 
 
 
 
 
Phosphates
$
839

$
975

$
779

$
997

$
866

$
1,053

$
1,041

$
926

Potash
414

468

474

496

404

569

609

592

Mosaic Fertilizantes
427

467

806

520

665

713

1,400

969

Corporate and Other(c)
(102
)
(155
)
(74
)
79

(1
)
(130
)
(122
)
34

Total net sales
$
1,578

$
1,755

$
1,985

$
2,092

$
1,934

$
2,205

$
2,928

$
2,521

 
 
 
 
 
 
 
 
 
Phosphates
$
37

$
45

$
103

$
71

$
78

$
142

$
170

$
83

Potash
56

100

92

97

92

121

149

149

Mosaic Fertilizantes
5

11

38

10

13

17

123

85

Corporate and Other(c)
(67
)
(61
)
(17
)
(51
)
(102
)
(84
)
(49
)
(59
)
Consolidated operating earnings
$
30

$
95

$
214

$
127

$
81

$
196

$
393

$
258






 
 
 
 
 
 
 
 
 
Phosphates(d)
2,272

2,582

2,110

2,496

1,945

2,302

2,235

1,876

Potash(d)
1,973

2,191

2,219

2,217

1,690

2,364

2,428

2,301

Mosaic Fertilizantes
646

1,300

2,178

1,399

1,584

1,846

3,595

2,108

Corporate and Other
689

319

333

497

266

348

311

438

Total finished product tonnes sold ('000 tonnes)
5,580

6,392

6,840

6,609

5,485

6,860

8,569

6,723

Percent specialty(e)
19
%
22
 %
21
%
18
%
22
%
25
%
26
%
23
%





The Mosaic Company - Phosphates Segment
Selected Calendar Quarter Financial Information
(Unaudited)
 
Q1 2017
Q2 2017
Q3 2017
Q4 2017
Q1 2018
Q2 2018
Q3 2018
Q4 2018
Net Sales and Gross Margin (in millions, except per tonne)
 
 
 
 
 
 
 
 
Segment income statement
 
 
 
 
 
 
 
 
Net Sales
$
839

$
975

$
779

$
997

$
866

$
1,053

$
1,041

$
926

Cost of Goods Sold
783

898

712

864

769

899

861

775

Gross Margin
$
56

$
76

$
67

$
133

$
97

$
154

$
180

$
151

Notable Items Included in Gross Margin




(15
)
(6
)


Adjusted Gross Margin(b)
$
56

$
76

$
67

$
133

$
112

$
160

$
180

$
151

 
 
 
 
 
 
 
 
 
SG&A
10

14

11

15

13

11

11

13

Other operating (income) expense
9

18

(47
)
47

6

1

(1
)
55

 
 
 
 
 
 
 
 
 
Operating Earnings
$
37

$
45

$
103

$
71

$
78

$
142

$
170

$
83

Plus: Depreciation, Depletion and Amortization
80

83

86

89

99

102

101

101

Plus: Accretion Expense
6

5

5

5

9

10

10

8

Plus: Foreign Exchange Gain (Loss)
(2
)
(4
)
(6
)
1

4

1

(1
)
7

Plus: Other Income (Expense)
(2
)
2

1

(1
)
(5
)
(3
)
(7
)

Plus: Equity in net earnings (loss) of nonconsolidated companies

5

10

1

(4
)
1

(2
)
(1
)
Less: Earnings (loss) from Consolidated Noncontrolling Interests
2

(2
)

2

(1
)
1

2

(1
)
Plus: Notables Items
5

23

(43
)
38

16

(1
)
8

41

Adjusted EBITDA(b)
$
122

$
161

$
155

$
201

$
198

$
251

$
277

$
240

 
 
 
 
 
 
 
 
 
Capital expenditures
$
103

$
101

$
87

$
110

$
100

$
92

$
103

$
119

Gross Margin $ / tonne of finished product
$
25

$
29

$
32

$
53

$
49

$
67

$
80

$
81

Adjusted Gross Margin $ / tonne of finished product
$
25

$
29

$
32

$
53

$
57

$
70

$
80

$
81

Gross margin as a percent of sales
7
%
8
%
9
%
13
%
11
%
15
%
17
%
16
%
 
 
 
 
 
 
 
 
 
Freight included in finished goods (in millions)
$
79

$
103

$
78

$
107

$
77

$
100

$
92

$
86

 
 
 
 
 
 
 
 
 
Operating Data
 
 
 
 
 
 
 
 
Sales volumes ('000 tonnes)(d)
 
 
 
 
 
 
 
 
DAP/MAP
1,486

1,706

1,483

1,663

1,295

1,332

1,261

1,059

Specialty(f)
786

876

627

833

650

970

974

817

Total Finished Product(d)
2,272

2,582

2,110

2,496

1,945

2,302

2,235

1,876

 
 
 
 
 
 
 
 
 
Average finished product selling price (destination)(g)
$
369

$
377

$
369

$
399

$
431

$
450

$
454

$
479

 
 
 
 
 
 
 
 
 
Production Volumes ('000 tonnes)
 
 
 
 
 
 
 
 
Total tonnes produced(h)
2,303

2,461

2,339

2,322

2,045

2,081

2,115

2,117

Operating Rate(i)
79
%
84
%
80
%
79
%
84
%
86
%
87
%
87
%
 
 
 
 
 
 
 
 
 
Realized costs ($/tonne)
 
 
 
 
 
 
 
 
Ammonia (tonne)(j)
$
285

$
373

$
283

$
298

$
344

$
325

$
329

$
343

Sulfur (long ton)(k)
$
87

$
90

$
88

$
97

$
128

$
139

$
137

$
149

Blended rock
$
59

$
58

$
63

$
55

$
55

$
59

$
57

$
59

 
 
 
 
 
 
 
 
 
Cash conversion costs / finished product tonne
$
68

$
65

$
68

$
64

$
64

$
64

$
63

$
61

Cash rock costs produced / tonne
$
40

$
40

$
40

$
35

$
35

$
36

$
40

$
43

 
 
 
 
 
 
 
 
 
Phosphate Rock
 
 
 
 
 
 
 
 
Sales Volumes ('000 tonnes)(l)




360

241

399

400

Average rock selling price (destination)(m)
$

$

$

$

$
79

$
69

$
68

$
67

Gross margin $ / rock tonne
$

$

$

$

$
4

$
(3
)
$
3

$
(3
)
Freight included in rock (in millions)
$

$

$

$

$
8

$
4

$
3

$
4






The Mosaic Company - Potash Segment
Selected Calendar Quarter Financial Information
(Unaudited)
 
Q1 2017
Q2 2017
Q3 2017
Q4 2017
Q1 2018
Q2 2018
Q3 2018
Q4 2018
Net Sales and Gross Margin (in millions, except per tonne)
 
 
 
 
 
 
 
 
Segment income statement
 
 
 
 
 
 
 
 
Net Sales
$
414

$
468

$
474

$
496

$
404

$
569

$
609

$
592

Cost of Goods Sold
345

358

376

383

301

437

448

390

Gross Margin
$
69

$
110

$
99

$
114

$
103

$
132

$
161

$
202

Notable Items Included in Gross Margin
(3
)

(10
)

(5
)
(4
)


Adjusted Gross Margin(b)
$
72

$
110

$
109

$
114

$
108

$
136

$
161

$
202

 
 
 
 
 
 
 
 
 
SG&A
8

8

6

10

8

9

8

10

Other operating (income) expense
6

2

1

7

3

2

4

43

 
 
 
 
 
 
 
 
 
Operating Earnings
$
56

$
100

$
92

$
97

$
92

$
121

$
149

$
149

Plus: Depreciation, Depletion and Amortization
70

73

73

72

76

73

73

80

Plus: Accretion Expense
1

1

1

1

1

1

1

1

Plus: Foreign Exchange Gain (Loss)
8

30

55

(13
)
(30
)
(23
)
22

(86
)
Plus: Other Income (Expense)







1

Plus: Notable Items
(5
)
(30
)
(45
)
13

35

27

(22
)
125

Adjusted EBITDA(b)
$
130

$
174

$
175

$
170

$
174

$
199

$
223

$
270

 
 
 
 
 
 
 
 
 
Capital expenditures
$
106

$
61

$
102

$
103

$
104

$
80

$
98

$
148

Gross Margin $ / tonne of finished product
$
35

$
50

$
44

$
51

$
61

$
56

$
66

$
88

Adjusted Gross Margin $ / tonne of finished product
$
37

$
50

$
49

$
51

$
64

$
58

$
66

$
88

Gross margin as a percent of sales
17
%
23
%
21
%
23
%
25
%
23
%
26
%
34
%
 
 
 
 
 
 
 
 
 
Supplemental Cost Information
 
 
 
 
 
 
 
 
Canadian resource taxes
$
23

$
33

$
(5
)
$
19

$
26

$
34

$
41

$
59

Royalties
$
5

$
6

$
52

$
9

$
8

$
9

$
10

$
12

Brine inflow expenses
$
39

$
38

$
37

$
36

$
39

$
39

$
37

$
39

Freight(n)
$
69

$
70

$
69

$
80

$
71

$
87

$
84

$
71

 
 
 
 
 
 
 
 
 
Operating Data
 
 
 
 
 
 
 
 
Sales volumes ('000 tonnes)(d)
 
 
 
 
 
 
 
 
MOP
1,817

2,017

2,062

2,026

1,525

2,125

2,187

2,143

Specialty(o)
156

174

157

191

165

239

241

158

Total Finished Product(d)
1,973

2,191

2,219

2,217

1,690

2,364

2,428

2,301

 
 
 
 
 
 
 
 
 
Average finished product selling price (destination)(g)
$
210

$
214

$
214

$
224

$
239

$
241

$
251

$
257

 
 
 
 
 
 
 
 
 
Production Volumes ('000 tonnes)
 
 
 
 
 
 
 
 
Production Volume
2,048

2,302

2,151

2,149

2,275

2,151

2,220

2,593

Operating Rate
83
%
93
%
87
%
87
%
87
%
82
%
85
%
99
%
 
 
 
 
 
 
 
 
 
MOP cash costs of production including brine / production tonne(p)
$
86

$
77

$
101

$
87

$
86

$
85

$
79

$
72

MOP cash costs of brine management / production tonne
$
16

$
14

$
15

$
14

$
15

$
16

$
14

$
13

 
 
 
 
 
 
 
 
 
Average CAD / USD
$
1.323

$
1.345

$
1.253

$
1.270

$
1.264

$
1.291

$
1.307

$
1.322






The Mosaic Company - Mosaic Fertilizantes Segment
Selected Calendar Quarter Financial Information
(Unaudited)
 
Q1 2017
Q2 2017
Q3 2017
Q4 2017
Q1 2018
Q2 2018
Q3 2018
Q4 2018
Net Sales and Gross Margin (in millions, except per tonne)
 
 
 
 
 
 
 
 
Segment income statement
 
 
 
 
 
 
 
 
Net Sales
$
427

$
467

$
806

$
520

$
665

$
713

$
1,400

$
969

Cost of Goods Sold
409

442

754

487

606

660

1,248

851

Gross Margin
$
18

$
25

$
52

$
32

$
59

$
53

$
152

$
118

Notable Items Included in Gross Margin








Adjusted Gross Margin(b)
$
18

$
25

$
52

$
32

$
59

$
53

$
152

$
118

 
 
 
 
 
 
 
 
 
SG&A
15

17

18

22

21

26

23

24

Other operating (income) expense
(1
)
(2
)
(3
)
1

25

10

6

9

 
 
 
 
 
 
 
 
 
Operating Earnings
$
5

$
11

$
38

$
10

$
13

$
17

$
123

$
85

Plus: Depreciation, Depletion and Amortization
4

4

4

4

37

37

36

49

Plus: Accretion Expense




2

1

2

2

Plus: Foreign Exchange Gain (Loss)
(1
)
(18
)
14

(19
)
(5
)
(57
)
(21
)
(2
)
Plus: Other Income (Expense)
(3
)
(1
)
1

(1
)

(1
)
(1
)
1

Less: Earnings from Consolidated Noncontrolling Interests
1


2

1



1

2

Plus: Notable Items
1

18

(14
)
19

21

63

25

5

Adjusted EBITDA(b)
$
5

$
14

$
40

$
13

$
68

$
60

$
163

$
138

 
 
 
 
 
 
 
 
 
Capital expenditures
$
8

$
5

$
4

$
16

$
18

$
29

$
40

$
61

Gross Margin $ / tonne of finished product
$
16

$
19

$
24

$
23

$
37

$
29

$
42

$
56

Adjusted Gross Margin $ / tonne of finished product
$
16

$
19

$
24

$
23

$
37

$
29

$
42

$
56

Gross margin as a percent of sales
4
%
5
%
6
%
6
%
9
%
7
%
11
%
12
%
 
 
 
 
 
 
 
 
 
Operating Data
 
 
 
 
 
 
 
 
Sales volumes ('000 tonnes)
 
 
 
 
 
 
 
 
Phosphate produced in Brazil
50

82

85

85

427

636

1,214

570

Potash produced in Brazil




99

66

82

75

Purchased nutrients
1,089

1,218

2,093

1,314

1,058

1,144

2,299

1,463

Total Finished Product
1,139

1,300

2,178

1,399

1,584

1,846

3,595

2,108

 
 
 
 
 
 
 
 
 
Average finished product selling price (destination)(g)
$
375

$
359

$
370

$
372

$
420

$
386

$
389

$
460

 
 
 
 
 
 
 
 
 
Production Volumes ('000 tonnes)
 
 
 
 
 
 
 
 
Total tonnes produced(q)




987

822

920

1,019

Operating Rate
%
%
%
%
81
%
67
%
75
%
82
%
 
 
 
 
 
 
 
 
 
Purchases ('000 tonnes)
 
 
 
 
 
 
 
 
DAP/MAP from Mosaic
169

176

164

150

70

216

97

156

MicroEssentials® from Mosaic
314

365

178

55

182

392

394

90

Potash from Mosaic/Canpotex
408

868

451

346

389

770

841

361

 
 
 
 
 
 
 
 
 
Average BRL / USD
$
3.144

$
3.215

$
3.168

$
3.308

$
3.246

$
3.604

$
3.955

$
3.804







The Mosaic Company - Corporate and Other Segment
Selected Calendar Quarter Financial Information
(Unaudited)

 
Q1 2017
Q2 2017
Q3 2017
Q4 2017
Q1 2018
Q2 2018
Q3 2018
Q4 2018
Net Sales and Gross Margin (in millions)
 
 
 
 
 
 
 
 
Segment income statement
 
 
 
 
 
 
 
 
Net Sales
$
(102
)
$
(155
)
$
(74
)
$
79

$
(1
)
$
(130
)
$
(122
)
$
34

Cost of Goods Sold
(88
)
(136
)
(98
)
78

15

(86
)
(125
)
39

Gross Margin (Loss)
$
(15
)
$
(19
)
$
23

$
1

$
(16
)
$
(44
)
$
3

$
(5
)
Notable items Included in Gross Margin
(1
)
3

2

(17
)
(12
)
(34
)
11

2

Adjusted Gross Margin (Loss)(b)
$
(14
)
$
(22
)
$
21

$
18

$
(4
)
$
(10
)
$
(8
)
$
(7
)
 
 
 
 
 
 
 
 
 
SG&A
48

33

31

37

52

33

37

43

Other operating (income) expense
4

9

9

15

34

7

15

11

 
 
 
 
 
 
 
 
 
Operating Earnings (Loss)
$
(67
)
$
(61
)
$
(17
)
$
(51
)
$
(102
)
$
(84
)
$
(49
)
$
(59
)
Plus: Depreciation, Depletion and Amortization
5

6

5

7

5

5

5

5

Plus: Share-Based Compensation Expense
16

5

4

3

15

7

3

2

Plus: Foreign Exchange Gain (Loss)
3

1

(5
)
5

(1
)

(2
)
2

Plus: Other Income (Expense)




(2
)
2

(1
)
(2
)
Less: Earnings (Loss) from Consolidated Noncontrolling Interests
(3
)
2


(2
)
(1
)
(1
)
(1
)
(2
)
Plus: Notable Items
(2
)
(4
)
7

25

43

39

2

5

Adjusted EBITDA(b)
$
(42
)
$
(55
)
$
(6
)
$
(9
)
$
(41
)
$
(30
)
$
(41
)
$
(45
)
 
 
 
 
 
 
 
 
 
Elimination of profit in inventory income (loss) included in COGS
$
(19
)
$
(28
)
$
20

$
(18
)
$
(8
)
$
(21
)
$
(7
)
$
(7
)
Unrealized gain (loss) on derivatives included in COGS
$
(1
)
$
3

$
2

$
(17
)
$
(12
)
$
(34
)
$
11

$
2

 
 
 
 
 
 
 
 
 
Operating Data
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Sales volumes ('000 tonnes)
196

319

333

497

266

348

311

438

Average finished product selling price (destination)(g)
$
305

$
323

$
373

$
387

$
333

$
396

$
377

$
431

 
 
 
 
 
 
 
 
 
Purchases ('000 tonnes)
 
 
 
 
 
 
 
 
DAP/MAP from Mosaic

232

222

50


22

47

47

MicroEssentials® from Mosaic



68


8


44

Potash from Mosaic/Canpotex
242

86

147

198

240

108

125

278







The Mosaic Company
Selected Calendar Quarter Financial Information
(Unaudited)

Notable Items
Q4 2018
Description
Segment
Line Item
 
Amount (in millions)
 
Tax Effect(r) (in millions)
 
EPS Impact (per share)
 
 
 
 
 
 
 
 
 
Foreign currency transaction gain (loss)
Consolidated
Foreign currency transaction gain (loss)
 
$
(79
)
 
$
11

 
$
(0.17
)
Unrealized gain (loss) on derivatives
Corporate and Other
Cost of goods sold
 
2

 

 

Integration costs
Corporate and Other
Other operating income (expense)
 
(6
)
 
1

 
(0.01
)
Costs to capture synergies
Mosaic Fertilizantes
Other operating income (expense)
 
(3
)
 

 
(0.01
)
Discrete tax items
Consolidated
(Provision for) benefit from income taxes
 

 
(33
)
 
(0.09
)
Earn-out obligation
Corporate and Other
Other operating income (expense)
 
(3
)
 

 
(0.01
)
ARO adjustment
Phosphates
Other operating income (expense)
 
(30
)
 
4

 
(0.06
)
Asset write-off
Phosphates
Other operating income (expense)
 
(18
)
 
3

 
(0.04
)
Asset write-off
Potash
Other operating income (expense)
 
(39
)
 
5

 
(0.09
)
Total Notable Items
 
 
 
$
(176
)
 
$
(9
)
 
$
(0.48
)
Q3 2018
Description
Segment
Line Item
 
Amount (in millions)
 
Tax Effect(r) (in millions)
 
EPS Impact (per share)
 
 
 
 
 
 
 
 
 
Foreign currency transaction gain (loss)
Consolidated
Foreign currency transaction gain (loss)
 
$
(2
)
 
$

 
$

Unrealized gain (loss) on derivatives
Corporate and Other
Cost of goods sold
 
11

 
(2
)
 
0.02

Integration costs
Corporate and Other
Other operating income (expense)
 
(3
)
 
1

 
(0.01
)
Costs to capture synergies
Mosaic Fertilizantes
Other operating income (expense)
 
(4
)
 
1

 
(0.01
)
Realized loss on RCRA Trust Securities
Phosphates
Other non-operating income (expense)
 
(7
)
 
1

 
(0.01
)
Discrete tax items
Consolidated
(Provision for) benefit from income taxes
 

 
(29
)
 
(0.08
)
Earn-out obligation
Corporate and Other
Other operating income (expense)
 
(8
)
 

 
(0.02
)
Total Notable Items
 
 
 
$
(13
)
 
$
(28
)
 
$
(0.11
)





Q2 2018
Description
Segment
Line Item
 
Amount (in millions)
 
Tax Effect(r) (in millions)
 
EPS Impact (per share)
 
 
 
 
 
 
 
 
 
Foreign currency transaction gain (loss)
Consolidated
Foreign currency transaction gain (loss)
 
$
(79
)
 
$
18

 
$
(0.16
)
Unrealized gain (loss) on derivatives
Corporate and Other
Cost of goods sold
 
(34
)
 
8

 
(0.07
)
Integration costs
Corporate and Other
Other operating income (expense)
 
(5
)
 
1

 
(0.01
)