Cf industries holdings, inc. (CF)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09Dec'08Dec'07
Net sales

4,590

4,429

4,130

3,685

4,308

4,743

5,474

6,104

6,097

3,965

2,608

3,921

2,756

Cost of sales

3,416

3,512

3,696

2,842

2,761

2,965

2,954

2,990

3,202

2,785

1,769

2,698

2,086

Gross margin

1,174

917

434

843

1,547

1,778

2,520

3,113

2,895

1,179

839

1,222

670

Selling, general and administrative expenses

239

214

191

173

170

152

166

151

130

106

62

68

65

Other operating—net

73

27

-18

208

92

53

-15

49

20

166

96

4

3

Transaction costs

-

-

-

179

57

0

0

-

-

-

-

-

-

Restructuring and integration costs

-

-

-

-

-

-

-

-

4

21

-

-

-

Total other operating costs and expenses

166

187

209

560

319

205

150

200

155

294

159

-

-

Gain on sale of phosphate business

-

-

-

-

-

750

0

0

-

-

-

-

-

Equity in earnings of operating affiliate

-5

36

9

-145

-35

43

41

47

50

10

-

-

-

Operating earnings

1,003

766

234

138

1,193

2,366

2,411

2,959

2,790

895

679

1,150

601

Interest expense

237

241

315

200

133

178

152

135

147

221

1

1

1

Interest income

20

13

12

5

2

1

4

4

1

1

4

26

24

Gain (Loss) on Extinguishment of Debt

-21

0

-53

-167

0

0

-

-

-

-17

-

-

-

Other non-operating—net

7

9

3

-2

-4

-2

-54

1

0

28

12

0

1

Earnings before income taxes

772

547

-125

-226

1,058

2,187

2,209

2,829

2,645

687

695

1,175

625

Income tax provision (benefit)

126

119

-575

-68

396

773

686

964

926

273

246

378

199

Equity in earnings of non-operating affiliatesnet of taxes

-

-

-

-

72

23

9

58

41

26

-1

4

0

Net earnings

646

428

450

-158

734

1,437

1,532

1,923

1,761

440

448

801

427

Less: Comprehensive income attributable to noncontrolling interests

153

138

92

119

-

-

-

-

-

-

-

-

-

Net Income (Loss) Attributable to Noncontrolling Interest

153

138

92

119

34

47

68

74

221

91

82

116

54

Net earnings attributable to common stockholders

493

290

358

-277

700

1,390

1,464

1,848

1,539

349

365

684

372

Basic (in dollars per share)

2.24

1.25

1.53

-1.19

2.97

5.43

4.97

28.94

22.18

5.40

7.54

12.35

6.70

Diluted (in dollars per share)

2.23

1.24

1.53

-1.19

2.96

5.42

4.95

28.59

21.98

5.34

7.42

12.13

6.56

Weighted average common shares outstanding:
Basic (in shares)

220

232

233

233

235

255

294

63

69

64

48

55

55

Diluted (in shares)

221

233

233

233

236

256

296

64

70

65

49

56

56

Noncontrolling Interests
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

-

138

-

-

-

-

-

-

-

-

-

-

-

Less: Net earnings attributable to noncontrolling interests

153

-

92

-

-

-

-

-

-

-

-

-

-

Retained Earnings
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

493

290

358

-

-

-

-

-

-

-

-

-

-