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Condensed Consolidated Statements of Earnings (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Net Sales $ 1,798.1 $ 1,899.7
Gross margin 41.4 309.5
Selling, general and administrative expenses 67.9 93.5
Other operating expense 39.7 13.9
Operating earnings (66.2) 202.1
Interest expense, net (41.1) (47.0)
Foreign currency transaction (loss) (214.2) 22.6
Other income (expense) 4.5 (1.1)
Earnings (loss) from consolidated companies before income taxes (317.0) 176.6
Provision for income taxes (133.0) 46.6
(Loss) earnings from consolidated companies (184.0) 130.0
Equity in net (loss) of nonconsolidated companies (20.0) (0.1)
Net (loss) earnings including noncontrolling interests (204.0) 129.9
Less: Net gain attributable to noncontrolling interests (1.0) (0.9)
Net (loss) earnings attributable to Mosaic $ (203.0) $ 130.8
Basic net (loss) earnings per share attributable to Mosaic $ (0.54) $ 0.34
Basic weighted average number of shares outstanding 378.8 385.5
Diluted net (loss) earnings per share attributable to Mosaic $ (0.54) $ 0.34
Diluted weighted average number of shares outstanding 378.8 387.4
Product    
Net Sales [1] $ 1,798.1 $ 1,899.7
Cost of goods sold $ 1,756.7 $ 1,590.2
[1]
Revenues are attributed to countries based on location of customer.
(b) 
Canpotex is the export association of the Saskatchewan potash producers.