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Financing Agreements (Tables)
3 Months Ended
Mar. 31, 2026
Debt Disclosure [Abstract]  
Components of long-term debt
Long-term debt presented on our consolidated balance sheets as of March 31, 2026 and December 31, 2025 consisted of the following debt securities issued by CF Industries:
 Effective Interest RateMarch 31, 2026December 31, 2025
 Principal Outstanding
Carrying Amount(1)
Principal Outstanding
Carrying Amount(1)
(in millions)
Public Senior Notes:
5.150% due March 2034
5.293%$750 $743 $750 $743 
5.300% due November 2035
5.444%1,000 989 1,000 989 
4.950% due June 2043
5.040%750 743 750 742 
5.375% due March 2044
5.478%750 741 750 741 
Total long-term debt$3,250 $3,216 $3,250 $3,215 
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(1)Carrying amount is net of unamortized debt discount and deferred debt issuance costs. Total unamortized debt discount was $5 million as of both March 31, 2026 and December 31, 2025, and total deferred debt issuance costs were $29 million and $30 million as of March 31, 2026 and December 31, 2025, respectively.