CF Industries (CF) 10-Q 5 Nov 21 2021 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Sep. 30, 2021	Nov. 01, 2021
Document and Entity Information
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Sep. 30, 2021
Document Transition Report	false
Entity File Number	001-32597
Entity Registrant Name	CF INDUSTRIES HOLDINGS, INC.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	20-2697511
Entity Address, Address Line One	4 Parkway North, Suite 400
Entity Address, City or Town	Deerfield,
Entity Address, State or Province	IL
Entity Address, Postal Zip Code	60015
City Area Code	847
Local Phone Number	405-2400
Title of 12(b) Security	common stock, par value $0.01 per share
Trading Symbol	CF
Security Exchange Name	NYSE
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		214,475,440
Entity Central Index Key	0001324404
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2021
Document Fiscal Period Focus	Q3

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Millions, $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Income Statement [Abstract]
Net sales	$ 1,362	$ 847	$ 3,998	$ 3,022
Cost of sales	922	764	2,766	2,401
Gross margin	440	83	1,232	621
Selling, general and administrative expenses	52	49	167	154
Goodwill impairment	259	0	259	0
Long-lived and intangible asset impairment	236	0	236	0
Other operating—net	5	(4)	7	8
Total other operating costs and expenses	552	45	669	162
Equity in earnings of operating affiliate	15	2	37	8
Operating (loss) earnings	(97)	40	600	467
Interest expense	46	48	140	141
Interest income	0	0	0	(18)
Loss on debt extinguishment	13	0	19	0
Other non-operating—net	(19)	1	(17)	(2)
(Loss) earnings before income taxes	(137)	(9)	458	346
Income tax provision (benefit)	(46)	(13)	57	33
Net (loss) earnings	(91)	4	401	313
Less: Net earnings attributable to noncontrolling interest	94	32	189	83
Net (loss) earnings attributable to common stockholders	$ (185)	$ (28)	$ 212	$ 230
Net earnings per share attributable to common stockholders:
Basic (in dollars per share)	$ (0.86)	$ (0.13)	$ 0.99	$ 1.07
Diluted (in dollars per share)	$ (0.86)	$ (0.13)	$ 0.98	$ 1.07
Weighted average common shares outstanding:
Basic (in shares)	214.9	213.9	215.3	215
Diluted (in shares)	214.9	213.9	216.4	215.3
Dividends declared per common share (in dollars per share)	$ 0.30	$ 0.30	$ 0.90	$ 0.90

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Statement of Comprehensive Income [Abstract]
Net earnings	$ (91)	$ 4	$ 401	$ 313
Other comprehensive (loss) income:
Foreign currency translation adjustment—net of taxes	(26)	41	(2)	(30)
Defined benefit plans—net of taxes	6	(3)	6	8
Total other comprehensive income	(20)	38	4	(22)
Comprehensive (loss) income	(111)	42	405	291
Less: Comprehensive income attributable to noncontrolling interest	94	32	189	83
Comprehensive (loss) income attributable to common stockholders	$ (205)	$ 10	$ 216	$ 208

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Sep. 30, 2021	Dec. 31, 2020
Current assets:
Cash and cash equivalents	$ 757	$ 683
Accounts receivable—net	386	265
Inventories	418	287
Prepaid income taxes	201	97
Other current assets	52	35
Total current assets	1,814	1,367
Property, plant and equipment—net	7,210	7,632
Investment in affiliate	92	80
Goodwill	2,116	2,374
Operating lease right-of-use assets	261	259
Other assets	273	311
Total assets	11,766	12,023
Current liabilities:
Accounts payable and accrued expenses	537	424
Income taxes payable	1	0
Customer advances	375	130
Current operating lease liabilities	93	88
Current maturities of long-term debt	0	249
Other current liabilities	9	15
Total current liabilities	1,015	906
Long-term debt, net of current maturities	3,465	3,712
Deferred Income Tax Liabilities, Net	1,160	1,184
Operating lease liabilities	175	174
Other liabilities	337	444
Stockholders’ equity:
Preferred stock—$0.01 par value, 50,000,000 shares authorized	0	0
Common stock—$0.01 par value, 500,000,000 shares authorized, 2021—215,296,025 shares issued and 2020—214,057,701 shares issued	2	2
Paid-in capital	1,370	1,317
Retained earnings	1,933	1,927
Treasury stock—at cost, 2021—1,100,921 shares and 2020—102,843 shares	(51)	(4)
Accumulated other comprehensive loss	(316)	(320)
Total stockholders’ equity	2,938	2,922
Noncontrolling interest	2,676	2,681
Total equity	5,614	5,603
Total liabilities and equity	$ 11,766	$ 12,023
Preferred Stock, Par or Stated Value Per Share	$ 0.01	$ 0.01
Common Stock, Par or Stated Value Per Share	$ 0.01	$ 0.01
Common Stock, Shares Authorized	500,000,000	500,000,000
Common Stock, Shares, Issued	215,296,025	214,057,701
Treasury Stock, Shares	1,100,921	102,843

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	Sep. 30, 2021	Dec. 31, 2020
Statement of Financial Position [Abstract]
Preferred Stock, Par or Stated Value Per Share	$ 0.01	$ 0.01
Preferred Stock, Shares Authorized	50,000,000	50,000,000
Common Stock, Par or Stated Value Per Share	$ 0.01	$ 0.01
Common Stock, Shares Authorized	500,000,000	500,000,000
Common Stock, Shares, Issued	215,296,025	214,057,701

CONSOLIDATED STATEMENTS OF EQUI

CONSOLIDATED STATEMENTS OF EQUITY - USD ($) $ in Millions	Total	$0.01 Par Value Common Stock	Treasury Stock	Paid-In Capital	Retained Earnings	Accumulated Other Comprehensive Loss	Total Stockholders’ Equity	Noncontrolling Interest
Balance at Dec. 31, 2019	$ 5,637	$ 2	$ 0	$ 1,303	$ 1,958	$ (366)	$ 2,897	$ 2,740
Increase (decrease) in equity
Net earnings	313	0	0	0	230	0	230	83
Less: Net earnings attributable to noncontrolling interest	83
Net (loss) earnings attributable to common stockholders	230
Other comprehensive loss	(22)	0	0	0	0	(22)	(22)	0
Purchases of treasury stock	(100)	0	(100)	0	0	0	(100)	0
Retirement of treasury stock	0	0	107	(17)	(90)	0	0	0
Acquisition of treasury stock under employee stock plans	(10)	0	(10)	0	0	0	(10)	0
Issuance of $0.01 par value common stock under employee stock plans	4	0	2	2	0	0	4	0
Stock-based compensation expense	20	0	0	20	0	0	20	0
Cash dividends	(193)	0	0	0	(193)	0	(193)	0
Distributions declared to noncontrolling interest	(174)	0	0	0	0	0	0	(174)
Balance at Sep. 30, 2020	5,475	2	(1)	1,308	1,905	(388)	2,826	2,649
Balance at Jun. 30, 2020	5,576	2	0	1,300	1,997	(426)	2,873	2,703
Increase (decrease) in equity
Net earnings	4	0	0	0	(28)	0	(28)	32
Less: Net earnings attributable to noncontrolling interest	32
Net (loss) earnings attributable to common stockholders	(28)
Other comprehensive loss	38	0	0	0	0	38	38	0
Acquisition of treasury stock under employee stock plans	(1)	0	(1)	0	0	0	(1)	0
Issuance of $0.01 par value common stock under employee stock plans	1	0	0	1	0	0	1	0
Stock-based compensation expense	7	0	0	7	0	0	7	0
Cash dividends	(64)	0	0	0	(64)	0	(64)	0
Distributions declared to noncontrolling interest	(86)	0	0	0	0	0	0	(86)
Balance at Sep. 30, 2020	5,475	2	(1)	1,308	1,905	(388)	2,826	2,649
Balance at Dec. 31, 2020	5,603	2	(4)	1,317	1,927	(320)	2,922	2,681
Increase (decrease) in equity
Net earnings	401	0	0	0	212	0	212	189
Less: Net earnings attributable to noncontrolling interest	189
Net (loss) earnings attributable to common stockholders	212
Other comprehensive loss	4	0	0	0	0	4	4	0
Purchases of treasury stock	(50)	0	(50)	0	0	0	(50)	0
Retirement of treasury stock	0	0	13	(2)	(11)	0	0	0
Acquisition of treasury stock under employee stock plans	(11)	0	(11)	0	0	0	(11)	0
Issuance of $0.01 par value common stock under employee stock plans	33	0	1	32	0	0	33	0
Stock-based compensation expense	23	0	0	23	0	0	23	0
Cash dividends	(195)	0	0	0	(195)	0	(195)	0
Distributions declared to noncontrolling interest	(194)	0	0	0	0	0	0	(194)
Balance at Sep. 30, 2021	5,614	2	(51)	1,370	1,933	(316)	2,938	2,676
Balance at Jun. 30, 2021	5,958	2	0	1,357	2,183	(296)	3,246	2,712
Increase (decrease) in equity
Net earnings	(91)	0	0	0	(185)	0	(185)	94
Less: Net earnings attributable to noncontrolling interest	94
Net (loss) earnings attributable to common stockholders	(185)
Other comprehensive loss	(20)	0	0	0	0	(20)	(20)	0
Purchases of treasury stock	(50)	0	(50)	0	0	0	(50)	0
Acquisition of treasury stock under employee stock plans	(1)	0	(1)	0	0	0	(1)	0
Issuance of $0.01 par value common stock under employee stock plans	6	0	0	6	0	0	6	0
Stock-based compensation expense	7	0	0	7	0	0	7	0
Cash dividends	(65)	0	0	0	(65)	0	(65)	0
Distributions declared to noncontrolling interest	(130)	0	0	0	0	0	0	(130)
Balance at Sep. 30, 2021	$ 5,614	$ 2	$ (51)	$ 1,370	$ 1,933	$ (316)	$ 2,938	$ 2,676

CONSOLIDATED STATEMENTS OF EQ_2

CONSOLIDATED STATEMENTS OF EQUITY (Parenthetical) - $ / shares	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2020
Statement of Stockholders' Equity [Abstract]
Common Stock, Par or Stated Value Per Share	$ 0.01	$ 0.01	$ 0.01
Cash dividends ($0.90 per share)	$ 0.30	$ 0.30	$ 0.90

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020
Operating Activities:
Net earnings	$ 401	$ 313
Adjustments to reconcile net earnings to net cash provided by operating activities:
Depreciation and amortization	650	662
Deferred income taxes	(25)	(74)
Stock-based compensation expense	23	20
Loss on debt extinguishment	19	0
Unrealized net gain on natural gas derivatives	(18)	(12)
Unrealized loss on embedded derivative	2	2
Goodwill impairment	259	0
Long-lived and intangible asset impairment	236	0
Gain on sale of EU carbon credits	(20)	0
Loss on disposal of property, plant and equipment	3	14
Undistributed earnings of affiliate—net of taxes	(15)	(2)
Changes in:
Accounts receivable—net	(115)	7
Inventories	(120)	29
Accrued and prepaid income taxes	(132)	50
Accounts payable and accrued expenses	69	(42)
Customer advances	245	25
Other—net	(69)	(51)
Net cash provided by operating activities	1,393	941
Investing Activities:
Additions to property, plant and equipment	(382)	(206)
Proceeds from sale of property, plant and equipment	0	2
Distribution received from unconsolidated affiliate	0	1
Insurance proceeds for property, plant and equipment	0	2
Purchase of investments held in nonqualified employee benefit trust	(13)	0
Proceeds from sale of investments held in nonqualified employee benefit trust	13	0
Purchase of U.K. emission credits	(10)	0
Proceeds from sale of EU emission credits	10	0
Other—net	(1)	0
Net cash used in investing activities	(383)	(201)
Financing Activities:
Proceeds from short-term borrowings	0	500
Repayments of Short-term Debt	0	(500)
Repayments of Long-term Debt	(518)	0
Dividends paid on common stock	(195)	(193)
Distributions to noncontrolling interest	(194)	(174)
Purchases of treasury stock	(50)	(100)
Proceeds from issuances of common stock under employee stock plans	32	4
Shares withheld for taxes	(11)	(10)
Net cash provided by (used in) financing activities	(936)	(473)
Effect of exchange rate changes on cash and cash equivalents	0	(1)
Increase in cash and cash equivalents	74	266
Cash and cash equivalents at beginning of period	683	287
Cash and cash equivalents at end of period	$ 757	$ 553

Background and Basis of Present

Background and Basis of Presentation	9 Months Ended
	Sep. 30, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Background and Basis of Presentation	Background and Basis of Presentation Our mission is to provide clean energy to feed and fuel the world sustainably. With our employees focused on safe and reliable operations, environmental stewardship, and disciplined capital and corporate management, we are on a path to decarbonize our ammonia production network – the world’s largest – to enable green and blue hydrogen and nitrogen products for energy, fertilizer, emissions abatement and other industrial activities. Our nine manufacturing complexes in the United States, Canada and the United Kingdom, an extensive storage, transportation and distribution network in North America, and logistics capabilities enabling a global reach underpin our strategy to leverage our unique capabilities to accelerate the world’s transition to clean energy. Our principal customers are cooperatives, independent fertilizer distributors, traders, wholesalers and industrial users. Our core product is anhydrous ammonia (ammonia), which contains 82% nitrogen and 18% hydrogen. Our nitrogen products that are upgraded from ammonia are granular urea, urea ammonium nitrate solution (UAN) and ammonium nitrate (AN). Our other nitrogen products include diesel exhaust fluid (DEF), urea liquor, nitric acid and aqua ammonia, which are sold primarily to our industrial customers, and compound fertilizer products (NPKs), which are solid granular fertilizer products for which the nutrient content is a combination of nitrogen, phosphorus and potassium. All references to “CF Holdings,” “the Company,” “we,” “us” and “our” refer to CF Industries Holdings, Inc. and its subsidiaries, except where the context makes clear that the reference is only to CF Industries Holdings, Inc. itself and not its subsidiaries. All references to “CF Industries” refer to CF Industries, Inc., a 100% owned subsidiary of CF Industries Holdings, Inc. The accompanying unaudited interim consolidated financial statements have been prepared on the same basis as our audited consolidated financial statements for the year ended December 31, 2020, in accordance with U.S. generally accepted accounting principles (GAAP) for interim financial reporting. In the opinion of management, these statements reflect all adjustments, consisting only of normal and recurring adjustments, that are necessary for the fair representation of the information for the periods presented. The accompanying unaudited interim consolidated financial statements have been prepared pursuant to the rules and regulations of the Securities and Exchange Commission (SEC). Certain information and disclosures normally included in financial statements prepared in accordance with U.S. GAAP have been condensed or omitted pursuant to such rules and regulations. Operating results for any period presented apply to that period only and are not necessarily indicative of results for any future period.

Revenue Recognition

Revenue Recognition	9 Months Ended
	Sep. 30, 2021
Revenue from Contract with Customer [Abstract]
Revenue Recognition	Revenue Recognition We track our revenue by product and by geography. See Note 17—Segment Disclosures for our revenue by reportable segment, which are ammonia, granular urea, UAN, AN and Other. The following table summarizes our revenue by product and by geography (based on destination of our shipment) for the three and nine months ended September 30, 2021 and 2020: Ammonia Granular Urea UAN AN Other Total (in millions) Three months ended September 30, 2021 North America $ 279 $ 386 $ 324 $ 48 $ 94 $ 1,131 Europe and other 65 — 66 70 30 231 Total revenue $ 344 $ 386 $ 390 $ 118 $ 124 $ 1,362 Three months ended September 30, 2020 North America $ 116 $ 222 $ 221 $ 41 $ 56 $ 656 Europe and other 49 27 27 68 20 191 Total revenue $ 165 $ 249 $ 248 $ 109 $ 76 $ 847 Nine months ended September 30, 2021 North America $ 878 $ 1,218 $ 949 $ 144 $ 263 $ 3,452 Europe and other 131 — 107 215 93 546 Total revenue $ 1,009 $ 1,218 $ 1,056 $ 359 $ 356 $ 3,998 Nine months ended September 30, 2020 North America $ 614 $ 865 $ 739 $ 138 $ 171 $ 2,527 Europe and other 108 50 52 205 80 495 Total revenue $ 722 $ 915 $ 791 $ 343 $ 251 $ 3,022 As of September 30, 2021 and December 31, 2020, we had $375 million and $130 million, respectively, in customer advances on our consolidated balance sheets. During the nine months ended September 30, 2021 and 2020, substantially all of the customer advances at the beginning of each respective period were recognized as revenue. We offer cash incentives to certain customers generally based on the volume of their purchases over the fertilizer year ending June 30. Our cash incentives do not provide an option to the customer for additional product. The balances of customer incentives accrued as of September 30, 2021 and December 31, 2020 were not material. From time to time, we will enter the marketplace to purchase product in order to satisfy obligations under contracts with our customers. When we purchase product for this purpose, we are the principal in the transaction and recognize revenue on a gross basis. As discussed in Note 8—Equity Method Investment, we have transactions in the normal course of business with Point Lisas Nitrogen Limited (PLNL), reflecting our obligation to purchase 50% of the ammonia produced by PLNL at current market prices. During the nine months ended September 30, 2021, in addition to products purchased from PLNL, we recognized $68 million of revenue from sales of granular urea, which we purchased in order to satisfy obligations under contracts with our customers due to lower production experienced as a result of Winter Storm Uri. For the nine months ended September 30, 2020, other than products purchased from PLNL, products purchased in the marketplace in order to satisfy obligations under contracts with our customers were not material. We have certain customer contracts with performance obligations where if the customer does not take the required amount of product specified in the contract, then the customer is required to make a payment to us, which may vary based upon the terms and conditions of the applicable contract. As of September 30, 2021, excluding contracts with original durations of less than one year, and based on the minimum product tonnage to be sold and current market price estimates, our remaining performance obligations under these contracts are approximately $898 million. We expect to recognize approximately 13% of these performance obligations as revenue in the remainder of 2021, approximately 59% as revenue during 2022 and 2023, approximately 24% as revenue during 2024 and 2025, and the remainder thereafter. Subject to the terms and conditions of the applicable contracts, if these customers do not satisfy their purchase obligations under such contracts, the minimum amount that they would be required to pay to us under these contracts, in the aggregate, is approximately $181 million as of September 30, 2021. Other than the performance obligations described above, any performance obligations with our customers that were unfulfilled or partially fulfilled at December 31, 2020 were satisfied in 2021.

United Kingdom Energy Crisis an

United Kingdom Energy Crisis and Impairment Charges	9 Months Ended
	Sep. 30, 2021
Restructuring and Related Activities [Abstract]
United Kingdom Energy Crisis and Impairment Charges	United Kingdom Energy Crisis and Impairment Charges During the third quarter of 2021, the United Kingdom experienced an energy crisis that included a substantial increase in the price of natural gas. In the first half of 2021, natural gas prices had increased to levels that were considered high compared to historical prices, and prices then more than doubled within the third quarter of 2021. On September 15, 2021, we announced the halt of operations at both our Ince and Billingham manufacturing facilities in the United Kingdom due to negative profitability driven by the high cost of natural gas. The halt of operations at our U.K. plants impacted the availability of certain products in the United Kingdom, including carbon dioxide, which is a byproduct of ammonia production. Due to the critical nature of carbon dioxide to certain industries in the United Kingdom, on September 21, 2021, we entered into an interim agreement with the U.K. government. Under the terms of the agreement, the U.K. government agreed to cover the costs to restart the ammonia plant at Billingham and to offset losses incurred from production for a 21-day period. As a result, we resumed production of ammonia at the Billingham facility in order to produce carbon dioxide for the United Kingdom. While the interim agreement was in place, we entered into carbon dioxide pricing and offtake agreements with our customers, which have an initial term through January 31, 2022. The amount of financial support that will be provided by the U.K. government for the September 2021 period of the interim agreement is not expected to be material to our results of operations. As of the filing of this report, production continues to be idled at our Ince facility. Impairment Charges The U.K. energy crisis necessitated an evaluation of the goodwill and long-lived assets, including definite-lived intangible assets, of our U.K. operations to determine if their fair value had declined to below their carrying value. We performed the impairment evaluations on the U.K. ammonia, U.K. AN and U.K. Other asset groups’ long-lived assets, including definite-lived intangible assets, and the U.K. ammonia, U.K. AN and U.K. Other reporting units’ goodwill as of September 30, 2021. Based on these analyses, we concluded that a decline in the fair value had occurred and we recognized impairment charges of $495 million in the third quarter of 2021, consisting of a goodwill impairment charge of $259 million and long-lived and intangible asset impairment charges of $236 million. The valuation of our asset groups and reporting units requires significant judgment in evaluating recent indicators of market activity and estimating future cash flows, discount rates, and other factors. Expected cash flows used in both the goodwill and long-lived asset impairment tests include assumptions about product selling prices and natural gas costs, as well as estimates of future production and sales volumes, operating rates, operating expenses, inflation, discount rates, tax rates and capital spending. These assumptions include the time it could take for the U.K. energy crisis to be resolved. For purposes of our goodwill impairment analysis, we estimated the fair value of the reporting units using the income approach, which incorporated the estimated future cash flows and a terminal value discounted to their present value using an appropriate risk-adjusted discount rate from the perspective of a market participant. The estimated future cash flows were based on our internal forecasts, updated for recent events. These estimated future cash flows went beyond the specific operating plans, using a terminal value calculation, which incorporated historical and forecasted trends and an estimate of long-term future growth rates. The future growth rates were based on our view of the long-term outlook for each reporting unit. The discount rates utilized in the income approach, for our goodwill impairment test, and to discount the cash flows in calculating the long-lived asset impairment were derived using a capital asset pricing model and analyzing published rates for industries relevant to our reporting units to estimate the cost of equity financing. The discount rates are commensurate with the risks and uncertainties inherent in the business and in the United Kingdom and our cash flow forecasts, updated for recent events. The discount rate utilized in the determination of fair value of our asset groups for the long-lived asset impairment test was 11.25%. The fair value of our property, plant and equipment utilized in the long-lived asset impairment analysis was estimated using the indirect method of the cost approach by determining the reproduction cost new of the assets and applying an appropriate inutility adjustment for certain assets in an idled state. Additional assumptions utilized in the long-lived asset impairment analysis were royalty rates and attrition rates in estimating the fair value of our definite-lived intangible assets, consisting of trade names and customer relationships, for which we used the relief from royalty method of the income approach and the multi-period excess earnings method, respectively. Due to the inherent uncertainties involved in making estimates and assumptions, actual results may differ from those assumed in our forecasts. Of the factors discussed above, the assumptions for product selling prices and natural gas costs included in the expected cash flows utilized in both the long-lived asset and goodwill impairment tests, and the discount rates utilized in the income approach, for our goodwill impairment test, and to discount the cash flows in calculating the long-lived asset impairment, are more sensitive than others. Assuming that all other assumptions utilized in our expected cash flows and the other inputs used in our long-lived asset and goodwill impairment tests remain unchanged, a change in each of these three inputs would have the following effect on the amount of long-lived asset and goodwill impairment recognized in the three months ended September 30, 2021: Increase/(Decrease) in Increase/(Decrease) in Long-lived Asset Impairment Goodwill Impairment Assumption (in millions) +$5.00 -$5.00 +$5.00 -$5.00 Average Selling Price per Product Ton $ (87) $ 8 $ (20) $ 25 +$0.50 -$0.50 +$0.50 -$0.50 Natural Gas Cost per MMBtu (1) $ 7 $ (33) $ 20 $ (53) +50 bps -50 bps +50 bps -50 bps Discount Rate $ 1 $ (1) $ 14 $ (22) _______________________________________________________________________________ (1) The sensitivity impact of a $0.50/MMBtu increase or decrease in the cost of natural gas includes any corresponding impact to selling prices from contractually stipulated sales provisions.

Net Earnings Per Share

Net Earnings Per Share	9 Months Ended
	Sep. 30, 2021
Earnings Per Share [Abstract]
Net Earnings Per Share	Net (Loss) Earnings Per Share Net (loss) earnings per share were computed as follows: Three months ended Nine months ended 2021 2020 2021 2020 (in millions, except per share amounts) Net (loss) earnings attributable to common stockholders $ (185) $ (28) $ 212 $ 230 Basic (loss) earnings per common share: Weighted-average common shares outstanding 214.9 213.9 215.3 215.0 Net (loss) earnings attributable to common stockholders $ (0.86) $ (0.13) $ 0.99 $ 1.07 Diluted (loss) earnings per common share: Weighted-average common shares outstanding 214.9 213.9 215.3 215.0 Dilutive common shares—stock-based awards — — 1.1 0.3 Diluted weighted-average shares outstanding 214.9 213.9 216.4 215.3 Net (loss) earnings attributable to common stockholders $ (0.86) $ (0.13) $ 0.98 $ 1.07 Diluted earnings per share is calculated using weighted-average common shares outstanding, including the dilutive effect of stock-based awards as determined under the treasury stock method. In the computation of diluted earnings per common share, potentially dilutive stock-based awards are excluded if the effect of their inclusion is anti-dilutive. Shares for anti-dilutive stock-based awards not included in the computation of diluted earnings per common share were 3.5 million and 1.2 million in the three and nine months ended September 30, 2021, respectively, and 3.1 million and 3.3 million in the three and nine months ended September 30, 2020, respectively.

Inventories

Inventories	9 Months Ended
	Sep. 30, 2021
Inventory Disclosure [Abstract]
Inventories	Inventories Inventories consist of the following: September 30, December 31, (in millions) Finished goods $ 370 $ 246 Raw materials, spare parts and supplies 48 41 Total inventories $ 418 $ 287

Property, Plant and Equipment-N

Property, Plant and Equipment-Net	9 Months Ended
	Sep. 30, 2021
Property, Plant and Equipment, Net [Abstract]
Property, Plant and Equipment-Net	Property, Plant and Equipment—Net Property, plant and equipment—net consists of the following: September 30, December 31, (in millions) Land $ 68 $ 68 Machinery and equipment (1) 12,696 12,539 Buildings and improvements (1) 908 895 Construction in progress (1) 195 275 Property, plant and equipment (2) 13,867 13,777 Less: Accumulated depreciation and amortization 6,657 6,145 Property, plant and equipment—net $ 7,210 $ 7,632 _______________________________________________________________________________ (1) As of September 30, 2021, machinery and equipment, buildings and improvements, and construction in progress include impairment charges recorded in the three months ended September 30, 2021 of $169 million, $5 million and $8 million, respectively. (2) As of September 30, 2021 and December 31, 2020, we had property, plant and equipment that was accrued but unpaid of approximately $78 million and $43 million, respectively. As of September 30, 2020 and December 31, 2019, we had property, plant and equipment that was accrued but unpaid of approximately $73 million and $42 million, respectively. Depreciation and amortization related to property, plant and equipment was $198 million and $637 million for the three and nine months ended September 30, 2021, respectively, and $207 million and $650 million for the three and nine months ended September 30, 2020, respectively. Asset impairment —During the third quarter of 2021, in light of the unprecedented increase in natural gas prices in the United Kingdom and its estimated impact on our U.K. operations, we identified a triggering event indicating possible impairment of the long-lived assets related to our U.K. manufacturing facilities within our ammonia, AN and Other segments, including property, plant, and equipment, and performed a recoverability test on the U.K. ammonia, U.K. AN and U.K. Other asset groups’ long-lived assets as of September 30, 2021. Our assets groups are the same as our reporting units. The recoverability tests were based on forecasts of undiscounted cash flows within each of our U.K. asset groups. The results of the recoverability tests indicated that the long-lived assets within our U.K. ammonia, U.K. AN and U.K. Other asset groups were not fully recoverable, and, as a result, long-lived asset impairment charges of $236 million were recorded, representing the excess of the carrying value of the asset groups over its fair value. That impairment was allocated to each of the underlying assets reducing them to their fair value, of which $182 million was allocated to property, plant and equipment. See Note 3—United Kingdom Energy Crisis and Impairment Charges and Note 7—Goodwill and Other Intangible Assets for additional information. As a result of the long-lived asset impairment charges, long-lived assets on our consolidated balance sheet as of September 30, 2021 include $450 million related to the U.K. asset groups, which primarily consists of approximately $390 million of property, plant and equipment. Plant turnarounds —Scheduled inspections, replacements and overhauls of plant machinery and equipment at our continuous process manufacturing facilities during a full plant shutdown are referred to as plant turnarounds. The expenditures related to turnarounds are capitalized in property, plant and equipment when incurred. The following is a summary of capitalized plant turnaround costs: Nine months ended 2021 2020 (in millions) Net capitalized turnaround costs: Beginning balance $ 226 $ 246 Additions 215 68 Depreciation (84) (77) Effect of exchange rate changes — (2) Ending balance $ 357 $ 235 Scheduled replacements and overhauls of plant machinery and equipment include the dismantling, repair or replacement and installation of various components including piping, valves, motors, turbines, pumps, compressors, heat exchangers and the replacement of catalysts when a full plant shutdown occurs. Scheduled inspections are also conducted during full plant shutdowns, including required safety inspections which entail the disassembly of various components such as steam boilers, pressure vessels and other equipment requiring safety certifications. Internal employee costs and overhead amounts are not considered turnaround costs and are not capitalized.

Goodwill and Other Intangible A

Goodwill and Other Intangible Assets	9 Months Ended
	Sep. 30, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Other Intangible Assets	Goodwill and Other Intangible Assets Goodwill The following table shows the carrying amount of goodwill by reportable segment as of September 30, 2021 and December 31, 2020: Ammonia Granular Urea UAN AN Other Total (in millions) Balance as of December 31, 2020 $ 587 $ 828 $ 576 $ 310 $ 73 $ 2,374 Impairment losses (4) — — (233) (22) (259) Effect of exchange rate changes — — — — 1 1 Balance as of September 30, 2021 $ 583 $ 828 $ 576 $ 77 $ 52 $ 2,116 Goodwill is not amortized, but is reviewed for impairment annually in the fourth quarter and when circumstances or other events indicate that impairment may have occurred. During the third quarter of 2021, in light of the unprecedented increase in natural gas prices in the United Kingdom and its estimated impact on our U.K. operations, we identified a triggering event indicating possible impairment of goodwill within our U.K. ammonia, U.K. AN and U.K. Other reporting units. Due to the triggering event identified above, we performed an interim quantitative goodwill impairment analysis as of September 30, 2021 for our U.K. ammonia, U.K. AN and U.K. Other reporting units. We estimated the fair value of the reporting units using the income approach described in Note 3—United Kingdom Energy Crisis and Impairment Charges. Based on the evaluation performed, we determined that the carrying value of all three reporting units exceeded their fair value, which resulted in a goodwill impairment charge totaling $259 million in the third quarter of 2021. The goodwill impairment was calculated as the amount that the carrying value of the reporting unit, including any goodwill, exceeded its fair value. As a result of the goodwill impairment charge, goodwill on our consolidated balance sheet as of September 30, 2021 includes $5 million related to the U.K. ammonia reporting unit, $8 million related to the U.K. AN reporting unit and $13 million related to the U.K. Other reporting unit, which are included in the ammonia, AN and Other reportable segments, respectively. As a result of the goodwill impairment, all three U.K. reporting units were written down to their respective fair values resulting in zero excess fair value over carrying amount as of the September 30, 2021 impairment test date. Other Intangible Assets All of our identifiable intangible assets have definite lives and are presented in other assets on our consolidated balance sheets at gross carrying amount, net of accumulated amortization, as follows: September 30, 2021 December 31, 2020 Gross Accumulated Net Gross Accumulated Net (in millions) Customer relationships $ 84 $ (58) $ 26 $ 133 $ (52) $ 81 Trade names 31 (10) 21 32 (9) 23 U.K. carbon credits 19 — 19 — — — Total intangible assets $ 134 $ (68) $ 66 $ 165 $ (61) $ 104 _______________________________________________________________________________ (1) As of September 30, 2021, the gross carrying amount for customer relationships and trade names include impairment charges recorded in the three months ended September 30, 2021 of $49 million and $1 million, respectively. Our customer relationships and trade names are being amortized over a weighted-average life of approximately 20 years. The U.K. carbon credits are being amortized based on units of production. Amortization expense of our identifiable intangible assets was $2 million and $6 million for the three and nine months ended September 30, 2021, respectively, and $2 million and $6 million for the three and nine months ended September 30, 2020, respectively. The gross carrying amount and accumulated amortization of our intangible assets are also impacted by the effect of exchange rate changes. Total estimated amortization expense for the remainder of 2021 and each of the five succeeding fiscal years is as follows: Estimated (in millions) Remainder of 2021 $ 1 2022 7 2023 15 2024 9 2025 4 2026 4 As a result of the triggering event described above, we also performed a recoverability test on our long-lived assets within the U.K. ammonia, U.K. AN and U.K. Other asset groups, including our definite-lived intangible assets, as of September 30, 2021. The recoverability test was based on forecasts of undiscounted cash flows, as described in Note 3—United Kingdom Energy Crisis and Impairment Charges. The results of the recoverability test indicated that the long-lived assets within our U.K. ammonia, U.K. AN and U.K. Other asset groups were not fully recoverable, and, as a result, long-lived asset impairment charges, inclusive of the definite-lived intangible assets, of $236 million were recorded, representing the excess of the carrying value of the asset groups over its fair value. That impairment was allocated to each of the underlying assets reducing them to their fair value, of which $50 million was allocated to definite-lived intangible assets. See Note 3—United Kingdom Energy Crisis and Impairment Charges and Note 6—Property, Plant and Equipment—Net for additional information. As a result of the long-lived asset impairment charges, long-lived assets on our consolidated balance sheet as of September 30, 2021 include $450 million related to the U.K. asset groups, including approximately $30 million of customer relationships and trade names.

Equity Method Investment

Equity Method Investment	9 Months Ended
	Sep. 30, 2021
Equity Method Investments and Joint Ventures [Abstract]
Equity Method Investment	Equity Method Investment We have a 50% ownership interest in PLNL, which operates an ammonia production facility in the Republic of Trinidad and Tobago. We include our share of the net earnings from this equity method investment as an element of earnings from operations because PLNL provides additional production to our operations and is integrated with our other supply chain and sales activities in the ammonia segment. As of September 30, 2021, the total carrying value of our equity method investment in PLNL was $92 million, $40 million more than our share of PLNL’s book value. The excess is attributable to the purchase accounting impact of our acquisition of the investment in PLNL and reflects the revaluation of property, plant and equipment. The increased basis for property, plant and equipment is being amortized over a remaining period of approximately 12 years. Our equity in earnings of PLNL is different from our ownership interest in income reported by PLNL due to amortization of this basis difference. We have transactions in the normal course of business with PLNL reflecting our obligation to purchase 50% of the ammonia produced by PLNL at current market prices. Our ammonia purchases from PLNL totaled $30 million and $93 million for the three and nine months ended September 30, 2021, respectively, and $14 million and $37 million for the three and nine months ended September 30, 2020, respectively.

Fair Value Measurements

Fair Value Measurements	9 Months Ended
	Sep. 30, 2021
Fair Value Disclosures [Abstract]
Fair Value Measurements	Fair Value Measurements Our cash and cash equivalents and other investments consist of the following: September 30, 2021 Cost Basis Unrealized Unrealized Fair Value (in millions) Cash $ 52 $ — $ — $ 52 Cash equivalents: U.S. and Canadian government obligations 649 — — 649 Other debt securities 56 — — 56 Total cash and cash equivalents $ 757 $ — $ — $ 757 Nonqualified employee benefit trusts 17 3 — 20 December 31, 2020 Cost Basis Unrealized Unrealized Fair Value (in millions) Cash $ 108 $ — $ — $ 108 Cash equivalents: U.S. and Canadian government obligations 552 — — 552 Other debt securities 23 — — 23 Total cash and cash equivalents $ 683 $ — $ — $ 683 Nonqualified employee benefit trusts 16 3 — 19 Under our short-term investment policy, we may invest our cash balances, either directly or through mutual funds, in several types of investment-grade securities, including notes and bonds issued by governmental entities or corporations. Securities issued by governmental entities include those issued directly by the U.S. and Canadian federal governments; those issued by state, local or other governmental entities; and those guaranteed by entities affiliated with governmental entities. Assets and Liabilities Measured at Fair Value on a Recurring Basis The following tables present assets and liabilities included in our consolidated balance sheets as of September 30, 2021 and December 31, 2020 that are recognized at fair value on a recurring basis, and indicate the fair value hierarchy utilized to determine such fair value: September 30, 2021 Total Fair Quoted Prices Significant Significant (in millions) Cash equivalents $ 705 $ 705 $ — $ — Nonqualified employee benefit trusts 20 20 — — Derivative assets 15 — 15 — Derivative liabilities (3) — (3) — Embedded derivative liability (20) — (20) — December 31, 2020 Total Fair Quoted Prices Significant Significant (in millions) Cash equivalents $ 575 $ 575 $ — $ — Nonqualified employee benefit trusts 19 19 — — Derivative assets 1 — 1 — Derivative liabilities (7) — (7) — Embedded derivative liability (18) — (18) — Cash Equivalents As of September 30, 2021 and December 31, 2020, our cash equivalents consisted primarily of U.S. and Canadian government obligations and money market mutual funds that invest in U.S. government obligations and other investment-grade securities. Nonqualified Employee Benefit Trusts We maintain trusts associated with certain nonqualified supplemental pension plans. The fair values of the trust assets are based on daily quoted prices in an active market, which represents the net asset values of the shares held in the trusts, and are included on our consolidated balance sheets in other assets. Debt securities are accounted for as available-for-sale securities, and changes in fair value are reported in other comprehensive income. Changes in the fair value of available-for-sale equity securities in the trust assets are recognized through earnings. Derivative Instruments The derivative instruments that we use are primarily natural gas fixed price swaps, basis swaps and options traded in the over-the-counter markets with multi-national commercial banks, other major financial institutions or large energy companies. The natural gas derivative contracts represent anticipated natural gas needs for future periods and settlements are scheduled to coincide with anticipated natural gas purchases during those future periods. The natural gas derivative contracts settle using primarily a NYMEX futures price index. To determine the fair value of these instruments, we use quoted market prices from NYMEX and standard pricing models with inputs derived from or corroborated by observable market data such as forward curves supplied by an industry-recognized independent third party. See Note 13—Derivative Financial Instruments for additional information. Embedded Derivative Liability Under the terms of our strategic venture with CHS Inc. (CHS), if our credit rating as determined by two of three specified credit rating agencies is below certain levels, we are required to make a non-refundable yearly payment of $5 million to CHS. Since 2016, our credit ratings have been below certain levels and, as a result, we made an annual payment of $5 million to CHS in the fourth quarter of each year. These payments will continue on a yearly basis until the earlier of the date that our credit rating is upgraded to or above certain levels by two of the three specified credit rating agencies or February 1, 2026. This obligation is recognized on our consolidated balance sheets as an embedded derivative and is included within other current liabilities and other liabilities. As of September 30, 2021 and December 31, 2020, the embedded derivative liability was $20 million and $18 million, respectively. Included in other operating—net in our consolidated statement of operations for each of the nine-month periods ended September 30, 2021 and 2020 was a net loss of $2 million. The inputs into the fair value measurement include the probability of future upgrades and downgrades of our credit rating based on historical credit rating movements of other public companies and the discount rates to be applied to potential annual payments based on applicable credit spreads of other public companies at different credit rating levels. Based on these inputs, our fair value measurement is classified as Level 2. See Note 14—Noncontrolling Interest for additional information regarding our strategic venture with CHS. Financial Instruments The carrying amount and estimated fair value of our financial instruments are as follows: September 30, 2021 December 31, 2020 Carrying Fair Value Carrying Fair Value (in millions) Long-term debt, including current maturities $ 3,465 $ 4,165 $ 3,961 $ 4,731 The fair value of our long-term debt was based on quoted prices for identical or similar liabilities in markets that are not active or valuation models in which all significant inputs and value drivers are observable and, as a result, they are classified as Level 2 inputs. The carrying amounts of cash and cash equivalents, as well as instruments included in other current assets and other current liabilities that meet the definition of financial instruments, approximate fair values because of their short-term maturities. Assets and Liabilities Measured at Fair Value on a Nonrecurring Basis We also have assets and liabilities that may be measured at fair value on a nonrecurring basis; that is, the assets and liabilities are not measured at fair value on an ongoing basis, but are subject to fair value adjustments in certain circumstances, such as when there is evidence of impairment, when there is allocation of purchase price in an acquisition or when a new liability is being established that requires fair value measurement. These include long-lived assets, goodwill and other intangible assets and investments in unconsolidated subsidiaries, such as equity method investments, which may be written down to fair value as a result of impairment. The fair value measurements related to each of these rely primarily on Company-specific inputs and the Company’s assumptions about the use of the assets. Since certain of the Company’s assumptions would involve inputs that are not observable, these fair values would reside within Level 3 of the fair value hierarchy. See Note 3—United Kingdom Energy Crisis and Impairment Charges for additional information on the fair values and unobservable inputs utilized in the impairment evaluations performed as of September 30, 2021 for the long-lived assets, including definite-lived intangible assets, and goodwill related to our U.K. operations.

Income Taxes

Income Taxes	9 Months Ended
	Sep. 30, 2021
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes For the three months ended September 30, 2021, we recorded an income tax benefit of $46 million on a pre-tax loss of $137 million, or an effective tax rate of 34.3%, compared to an income tax benefit of $13 million on a pre-tax loss of $9 million, or an effective tax rate of 155.0%, for the three months ended September 30, 2020. For the three months ended September 30, 2021, we did not record an income tax benefit related to the goodwill impairment described in Note 3—United Kingdom Energy Crisis and Impairment Charges, above, as the impairment is non-deductible for income tax purposes. In addition, as a result of the effective settlement of the U.S. federal income tax audit for the 2012-2016 tax years, we reversed an accrual for unrecognized tax benefits and recognized a discrete income tax benefit of approximately $15 million. For the nine months ended September 30, 2021, we recorded an income tax provision of $57 million on pre-tax income of $458 million, or an effective tax rate of 12.3%, compared to an income tax provision of $33 million on pre-tax income of $346 million, or an effective tax rate of 9.4%, for the nine months ended September 30, 2020. For the nine months ended September 30, 2021, we did not record an income tax benefit related to the goodwill impairment described in Note 3—United Kingdom Energy Crisis and Impairment Charges, above, as the impairment is non-deductible for income tax purposes. In addition, our income tax provision includes a $36 million benefit reflecting the impact of agreement on certain issues related to U.S. federal income tax audits, including the reversal of an accrual for unrecognized tax benefits, as described above. For the nine months ended September 30, 2020, our income tax provision includes a $25 million benefit related to the settlement of certain U.S. and foreign income tax audits, which primarily related to the settlement of the audit of the Terra amended tax returns, which is further described below. Our effective tax rate is also impacted by earnings attributable to the noncontrolling interest in CF Industries Nitrogen, LLC (CFN), as our consolidated income tax (benefit) provision does not include a tax provision on the earnings attributable to the noncontrolling interest. Our effective tax rate for the three months ended September 30, 2021 of 34.3%, which is based on a pre-tax loss of $137 million, including $94 million of earnings attributable to the noncontrolling interest, would be 14.0 percentage points lower if based on pre-tax loss exclusive of the $94 million of earnings attributable to the noncontrolling interest. Our effective tax rate for the three months ended September 30, 2020 of 155.0%, which is based on a pre-tax loss of $9 million, including $32 million of earnings attributable to the noncontrolling interest, would be 121.6 percentage points lower if based on pre-tax loss exclusive of the $32 million of earnings attributable to the noncontrolling interest. Our effective tax rate for the nine months ended September 30, 2021 of 12.3%, which is based on pre-tax income of $458 million, including $189 million attributable to the noncontrolling interest, would be 8.7 percentage points higher if based on pre-tax income exclusive of the $189 million of earnings attributable to the noncontrolling interest. Our effective tax rate for the nine months ended September 30, 2020 of 9.4%, which is based on pre-tax income of $346 million, including $83 million attributable to the noncontrolling interest, would be 3.0 percentage points higher if based on pre-tax income exclusive of the $83 million of earnings attributable to the noncontrolling interest. See Note 14—Noncontrolling Interest for additional information. During the third quarter of 2020, as a result of an intercompany transaction with a foreign affiliate, we recognized a capital loss, which we will carry forward, and for which we recorded a deferred tax asset of approximately $90 million. However, as the foreign affiliate has operations that do not normally generate capital gains and no practical plans to do so in the future, we established a full valuation allowance of approximately $90 million against the deferred tax asset. As a result, there was no net impact on our income tax provision. Terra Amended Tax Returns We completed the acquisition of Terra Industries Inc. (Terra) in April 2010. After the acquisition, we determined that the manner in which Terra reported the repatriation of cash from foreign affiliates to its U.S. parent for U.S. and foreign income tax purposes was not appropriate. As a result, in 2012 we amended certain tax returns, including Terra’s income and withholding tax returns, back to 1999 (the Amended Tax Returns) and paid additional income and withholding taxes, and related interest and penalties. In 2013, the Internal Revenue Service (IRS) commenced an examination of the U.S. tax aspects of the Amended Tax Returns. In the second quarter of 2020, we received IRS notices indicating the amount of tax and interest to be refunded and received with respect to the income tax and withholding tax returns. As a result, we recognized $16 million of interest income ($13 million, net of tax) and $19 million of additional income tax benefit. In addition, in the second quarter of 2020, we received U.S. Federal income tax refunds, including interest, of $108 million relating to these matters. In July 2020, we received an additional $2 million, which finalized these matters with the IRS.

Interest Expense

Interest Expense	9 Months Ended
	Sep. 30, 2021
Interest Expense [Abstract]
Interest Expense	Interest Expense Details of interest expense are as follows: Three months ended Nine months ended 2021 2020 2021 2020 (in millions) Interest on borrowings (1) $ 43 $ 46 $ 133 $ 139 Fees on financing agreements (1) 3 2 7 6 Interest on tax liabilities (2) — — — (4) Total interest expense $ 46 $ 48 $ 140 $ 141 _______________________________________________________________________________ (1) See Note 12—Financing Agreements for additional information. (2) Interest on tax liabilities for the nine months ended September 30, 2020 consists of a reduction in interest accrued on the reserve for unrecognized tax benefits.

Financing Agreements

Financing Agreements	9 Months Ended
	Sep. 30, 2021
Debt Disclosure [Abstract]
Financing Agreements	Financing Agreements Revolving Credit Agreement We have a senior unsecured revolving credit agreement (the Revolving Credit Agreement), which provides for a revolving credit facility of up to $750 million with a maturity of December 5, 2024. The Revolving Credit Agreement includes a letter of credit sub-limit of $125 million. Borrowings under the Revolving Credit Agreement may be used for working capital, capital expenditures, acquisitions, share repurchases and other general corporate purposes. Borrowings under the Revolving Credit Agreement may be denominated in U.S. dollars, Canadian dollars, euros and British pounds, and bear interest at a per annum rate equal to, at our option, an applicable eurocurrency rate or base rate plus, in either case, a specified margin. We are required to pay an undrawn commitment fee on the undrawn portion of the commitments under the Revolving Credit Agreement and customary letter of credit fees. The specified margin and the amount of the commitment fee depend on CF Holdings’ credit rating at the time. As of September 30, 2021, we had unused borrowing capacity under the Revolving Credit Agreement of $750 million and no outstanding letters of credit. There were no borrowings outstanding under the Revolving Credit Agreement as of September 30, 2021 or December 31, 2020, or during the nine months ended September 30, 2021. Maximum borrowings under the Revolving Credit Agreement during the nine months ended September 30, 2020 were $500 million. The weighted-average annual interest rate of borrowings under the Revolving Credit Agreement during the nine months ended September 30, 2020 was 2.05%. Borrowings under the Revolving Credit Agreement as of March 31, 2020 were repaid in full in April 2020. The Revolving Credit Agreement contains representations and warranties and affirmative and negative covenants, including financial covenants. As of September 30, 2021, we were in compliance with all covenants under the Revolving Credit Agreement. Letters of Credit In addition to the letters of credit that may be issued under the Revolving Credit Agreement, as described above, we have also entered into a bilateral agreement with capacity to issue up to $250 million of letters of credit. As of September 30, 2021, approximately $229 million of letters of credit were outstanding under this agreement. Senior Notes Long-term debt presented on our consolidated balance sheets as of September 30, 2021 and December 31, 2020 consisted of the following debt securities issued by CF Industries: Effective Interest Rate September 30, 2021 December 31, 2020 Principal Carrying Amount (1) Principal Carrying Amount (1) (in millions) Public Senior Notes: 3.450% due June 2023 3.562% $ 500 $ 499 $ 750 $ 748 5.150% due March 2034 5.279% 750 741 750 741 4.950% due June 2043 5.031% 750 742 750 742 5.375% due March 2044 5.465% 750 742 750 741 Senior Secured Notes: 3.400% due December 2021 3.782% — — 250 249 4.500% due December 2026 (2) 4.759% 750 741 750 740 Total long-term debt $ 3,500 $ 3,465 $ 4,000 $ 3,961 Less: Current maturities of long-term debt — — 250 249 Long-term debt, net of current maturities $ 3,500 $ 3,465 $ 3,750 $ 3,712 _______________________________________________________________________________ (1) Carrying amount is net of unamortized debt discount and deferred debt issuance costs. Total unamortized debt discount was $8 million and $9 million as of September 30, 2021 and December 31, 2020, respectively, and total deferred debt issuance costs were $27 million and $30 million as of September 30, 2021 and December 31, 2020, respectively. (2) Effective August 23, 2021, these notes are no longer secured, in accordance with the terms of the applicable indenture. Under the indentures (including the applicable supplemental indentures) governing the senior notes due 2023, 2034, 2043 and 2044 identified in the table above (the Public Senior Notes), each series of Public Senior Notes is guaranteed by CF Holdings. Under the terms of the indenture governing the 4.500% senior secured notes due December 2026 (the 2026 Notes) identified in the table above, the 2026 Notes are guaranteed on a senior secured basis by CF Holdings. Until August 23, 2021, the 2026 Notes were guaranteed by certain subsidiaries of CF Industries. The requirement for subsidiary guarantees of the 2026 Notes was eliminated, and all subsidiary guarantees were automatically released, as a result of an investment grade rating event under the terms of the indenture governing the 2026 Notes on August 23, 2021. On March 20, 2021, we redeemed in full all of the remaining $250 million outstanding principal amount of the 3.400% senior secured notes due December 2021 (the 2021 Notes), in accordance with the optional redemption provisions in the indenture governing the 2021 Notes. The total aggregate redemption price paid on the 2021 Notes in connection with the redemption was $258 million, including accrued interest. As a result, we recognized a loss on debt extinguishment of $6 million, primarily consisting of a premium paid on the early redemption of the notes. On September 10, 2021, we redeemed $250 million principal amount, representing one-third of the $750 million principal amount outstanding prior to such redemption, of the 3.450% senior notes due 2023 (2023 Notes), in accordance with the optional redemption provisions in the indenture governing the 2023 Notes. The total aggregate redemption price paid on the 2023 Notes was approximately $265 million, including accrued interest. As a result, we recognized a loss on debt extinguishment of $13 million, primarily consisting of a premium paid on the early redemption of the notes.

Derivative Financial Instrument

Derivative Financial Instruments	9 Months Ended
	Sep. 30, 2021
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Instruments and Hedging Activities Disclosure	13. Derivative Financial Instruments We use derivative financial instruments to reduce our exposure to changes in prices for natural gas that will be purchased in the future. Natural gas is the largest and most volatile component of our manufacturing cost for nitrogen-based products. From time to time, we may also use derivative financial instruments to reduce our exposure to changes in foreign currency exchange rates. The derivatives that we use to reduce our exposure to changes in prices for natural gas are primarily natural gas fixed price swaps, basis swaps and options traded in the over-the-counter markets. These natural gas derivatives settle using primarily a NYMEX futures price index, which represents the basis for fair value at any given time. We enter into natural gas derivative contracts with respect to natural gas to be consumed by us in the future, and settlements of those derivative contracts are scheduled to coincide with our anticipated purchases of natural gas used to manufacture nitrogen products during those future periods. We use natural gas derivatives as an economic hedge of natural gas price risk, but without the application of hedge accounting. As a result, changes in fair value of these contracts are recognized in earnings. As of September 30, 2021, we had natural gas derivative contracts covering certain periods through March 2022. As of September 30, 2021, our open natural gas derivative contracts consisted of natural gas basis swaps and options for 20.7 million MMBtus. As of December 31, 2020, we had open natural gas derivative contracts consisting of natural gas fixed price swaps and basis swaps for 34.1 million MMBtus of natural gas. For the nine months ended September 30, 2021, we used derivatives to cover approximately 9% of our natural gas consumption. The effect of derivatives in our consolidated statements of operations is shown in the table below. Gain (loss) recognized in income Three months ended Nine months ended Location 2021 2020 2021 2020 (in millions) Unrealized net gains on natural gas derivatives Cost of sales $ 12 $ — $ 18 $ 12 Realized net losses on natural gas derivatives Cost of sales — — (3) (16) Gain on net settlement of natural gas derivatives due to Winter Storm Uri Cost of sales — — 112 — Net derivative gains (losses) $ 12 $ — $ 127 $ (4) Gain on net settlement of natural gas derivatives due to Winter Storm Uri We also enter into supply agreements to facilitate the availability of natural gas to operate our plants. When we purchase natural gas under these agreements, we intend to take physical delivery for use in our plants. Certain of these supply agreements allow us to fix the price of the deliveries for the following month using an agreed upon first of month price. We utilize the Normal Purchase Normal Sales (NPNS) derivative scope exception for these fixed price contracts and therefore, we do not account for them as derivatives. In February 2021, the central portion of the United States experienced extreme and unprecedented cold weather due to the impact of Winter Storm Uri. Certain natural gas suppliers and natural gas pipelines declared force majeure events due to natural gas well freeze-offs or frozen equipment. This occurred at the same time as large increases in natural gas demand were occurring due to the extreme cold temperatures. Due to these unprecedented factors, several states declared a state of emergency and natural gas was redirected for residential usage. We net settled certain natural gas contracts with our suppliers and received prevailing market prices, which were in excess of our cost. We no longer qualified for the NPNS derivative scope exception for the natural gas that was net settled with our suppliers due to the impact of Winter Storm Uri. As a result, we recognized a gain of $112 million from the net settlement of these natural gas contracts, which is reflected in cost of sales in our consolidated statement of operations for the nine months ended September 30, 2021. The fair values of derivatives on our consolidated balance sheets are shown below. As of September 30, 2021 and December 31, 2020, none of our derivative instruments were designated as hedging instruments. See Note 9—Fair Value Measurements for additional information on derivative fair values. Asset Derivatives Liability Derivatives Balance Sheet Location September 30, December 31, 2020 Balance Sheet Location September 30, December 31, 2020 (in millions) (in millions) Natural gas derivatives Other current assets $ 15 $ 1 Other current liabilities $ (3) $ (7) Most of our International Swaps and Derivatives Association (ISDA) agreements contain credit-risk-related contingent features such as cross default provisions. In the event of certain defaults or termination events, our counterparties may request early termination and net settlement of certain derivative trades. As of September 30, 2021 and December 31, 2020, the aggregate fair value of the derivative instruments with credit-risk-related contingent features in net liability positions was zero and $6 million, respectively, which also approximates the fair value of the assets that may be needed to settle the obligations if the credit-risk-related contingent features were triggered at the reporting dates. The credit support documents executed in connection with certain of our ISDA agreements generally provide us and our counterparties the right to set off collateral against amounts owing under the ISDA agreements upon the occurrence of a default or a specified termination event. As of September 30, 2021 and December 31, 2020, we had no cash collateral on deposit with counterparties for derivative contracts. The following table presents amounts relevant to offsetting of our derivative assets and liabilities as of September 30, 2021 and December 31, 2020: Amounts presented in consolidated balance sheets (1) Gross amounts not offset in consolidated balance sheets Financial Cash collateral received (pledged) Net (in millions) September 30, 2021 Total derivative assets $ 15 $ — $ — $ 15 Total derivative liabilities (3) — — (3) Net derivative assets $ 12 $ — $ — $ 12 December 31, 2020 Total derivative assets $ 1 $ — $ — $ 1 Total derivative liabilities (7) — — (7) Net derivative liabilities $ (6) $ — $ — $ (6) _______________________________________________________________________________ (1) We report the fair values of our derivative assets and liabilities on a gross basis on our consolidated balance sheets. As a result, the gross amounts recognized and net amounts presented are the same. We do not believe the contractually allowed netting, close-out netting or setoff of amounts owed to, or due from, the counterparties to our ISDA agreements would have a material effect on our financial position.

Noncontrolling Interest

Noncontrolling Interest	9 Months Ended
	Sep. 30, 2021
Noncontrolling Interest [Abstract]
Noncontrolling Interest	Noncontrolling Interest We have a strategic venture with CHS under which they own an equity interest in CFN, a subsidiary of CF Holdings, which represents approximately 11% of the membership interests of CFN. We own the remaining membership interests. Under the terms of CFN’s limited liability company agreement, each member’s interest will reflect, over time, the impact of the profitability of CFN, any member contributions made to CFN and withdrawals and distributions received from CFN. For financial reporting purposes, the assets, liabilities and earnings of the strategic venture are consolidated into our financial statements. CHS’ interest in the strategic venture is recorded in noncontrolling interest in our consolidated financial statements. A reconciliation of the beginning and ending balances of noncontrolling interest and distributions payable to noncontrolling interest in our consolidated balance sheets is provided below. 2021 2020 (in millions) Noncontrolling interest: Balance as of January 1 $ 2,681 $ 2,740 Earnings attributable to noncontrolling interest 189 83 Declaration of distributions payable (194) (174) Balance as of September 30 $ 2,676 $ 2,649 Distributions payable to noncontrolling interest: Balance as of January 1 $ — $ — Declaration of distributions payable 194 174 Distributions to noncontrolling interest (194) (174) Balance as of September 30 $ — $ — CHS also receives deliveries pursuant to a supply agreement under which CHS has the right to purchase annually from CFN up to approximately 1.1 million tons of granular urea and 580,000 tons of UAN at market prices. As a result of its equity interest in CFN, CHS is entitled to semi-annual cash distributions from CFN. We are also entitled to semi-annual cash distributions from CFN. The amounts of distributions from CFN to us and CHS are based generally on the profitability of CFN and determined based on the volume of granular urea and UAN sold by CFN to us and CHS pursuant to supply agreements, less a formula driven amount based primarily on the cost of natural gas used to produce the granular urea and UAN, and adjusted for the allocation of items such as operational efficiencies and overhead amounts. Additionally, under the terms of the strategic venture, we recognized an embedded derivative related to our credit rating. See Note 9—Fair Value Measurements for additional information.

Stockholders' Equity

Stockholders' Equity	9 Months Ended
	Sep. 30, 2021
Equity [Abstract]
Stockholders' Equity	Stockholders’ Equity Treasury Stock On February 13, 2019, the Board authorized the repurchase of up to $1 billion of CF Holdings common stock through December 31, 2021 (the 2019 Share Repurchase Program). Repurchases under the 2019 Share Repurchase Program may be made from time to time in the open market, through privately negotiated transactions, block transactions or otherwise. The manner, timing and amount of repurchases will be determined by our management based on the evaluation of market conditions, stock price, and other factors. See Note 18—Subsequent Event for additional information. Since the 2019 Share Repurchase Program was announced in February 2019, we have repurchased approximately 11.3 million shares for $487 million, consisting of: • 1.1 million shares repurchased during the third quarter of 2021 for $50 million, • 2.6 million shares repurchased during the first quarter of 2020 for $100 million, and • 7.6 million shares repurchased during 2019 for $337 million. At September 30, 2021, we held 1,100,921 shares of treasury stock. Accumulated Other Comprehensive Loss Changes to accumulated other comprehensive loss and the impact on other comprehensive income (loss) are as follows: Foreign Unrealized Defined Accumulated (in millions) Balance as of December 31, 2019 $ (188) $ 5 $ (183) $ (366) Gain arising during the period — — 1 1 Reclassification to earnings (1) — — 5 5 Effect of exchange rate changes and deferred taxes (30) — 2 (28) Balance as of September 30, 2020 $ (218) $ 5 $ (175) $ (388) Balance as of December 31, 2020 $ (144) $ 4 $ (180) $ (320) Loss arising during the period — — (4) (4) Reclassification to earnings (1) — — 9 9 Effect of exchange rate changes and deferred taxes (2) — 1 (1) Balance as of September 30, 2021 $ (146) $ 4 $ (174) $ (316) ____________________________________________________________________________ (1) Reclassifications out of accumulated other comprehensive loss to earnings during the three and nine months ended September 30, 2021 and 2020 were not material.

Contingencies

Contingencies	9 Months Ended
	Sep. 30, 2021
Commitments and Contingencies Disclosure [Abstract]
Contingencies	Contingencies Litigation West Fertilizer Co. On April 17, 2013, there was a fire and explosion at the West Fertilizer Co. fertilizer storage and distribution facility in West, Texas. According to published reports, 15 people were killed and approximately 200 people were injured in the incident, and the fire and explosion damaged or destroyed a number of homes and buildings around the facility. Various subsidiaries of CF Industries Holdings, Inc. (the CF Entities) were named as defendants along with other companies in lawsuits filed in 2013, 2014 and 2015 in the District Court of McLennan County, Texas by the City of West, individual residents of the County and other parties seeking recovery for damages allegedly sustained as a result of the explosion. The cases were consolidated for discovery and pretrial proceedings in the District Court of McLennan County under the caption “In re: West Explosion Cases.” The two-year statute of limitations expired on April 17, 2015. As of that date, over 400 plaintiffs had filed claims, including at least 9 entities, 325 individuals, and 80 insurance companies. Plaintiffs allege various theories of negligence, strict liability, and breach of warranty under Texas law. Although we do not own or operate the facility or directly sell our products to West Fertilizer Co., products that the CF Entities manufactured and sold to others were delivered to the facility and may have been stored at the West facility at the time of the incident. The Court granted in part and denied in part the CF Entities’ Motions for Summary Judgment in August 2015. Nearly all of the cases, including all wrongful death and personal injury claims, have been resolved pursuant to confidential settlements that have been or we expect will be fully funded by insurance. The remaining subrogation and statutory indemnification claims total approximately $37 million, before prejudgment interest, and are in various stages of discovery and pre-trial proceedings. The remaining claims are expected to be set for trial in 2022. We believe we have strong legal and factual defenses and intend to continue defending the CF Entities vigorously in the remaining lawsuits. The Company cannot provide a range of reasonably possible loss due to the uncertain nature of this litigation, including uncertainties around the potential allocation of responsibility by a jury to other defendants or responsible third parties. The recognition of a potential loss in the future in the West Fertilizer Co. litigation could negatively affect our results in the period of recognition. However, based upon currently available information, we expect any potential loss to be fully indemnified by insurance and do not believe that this litigation will have a material adverse effect on our consolidated financial position, results of operations or cash flows. Other Litigation From time to time, we are subject to ordinary, routine legal proceedings related to the usual conduct of our business, including proceedings regarding public utility and transportation rates, environmental matters, taxes and permits relating to the operations of our various plants and facilities. Based on the information available as of the date of this filing, we believe that the ultimate outcome of these routine matters will not have a material adverse effect on our consolidated financial position, results of operations or cash flows. Environmental From time to time, we receive notices from governmental agencies or third parties alleging that we are a potentially responsible party at certain cleanup sites under the Comprehensive Environmental Response, Compensation, and Liability Act or other environmental cleanup laws. In 2011, we received a notice from the Idaho Department of Environmental Quality (IDEQ) that alleged that we were a potentially responsible party for the cleanup of a former phosphate mine site we owned in the late 1950s and early 1960s located in Georgetown Canyon, Idaho. The current owner of the property and a former mining contractor received similar notices for the site. In 2014, we and the current property owner entered into a Consent Order with IDEQ and the U.S. Forest Service to conduct a remedial investigation and feasibility study of the site. In 2015, we and several other parties received a notice that the U.S. Department of the Interior and other trustees intended to undertake a natural resource damage assessment for 18 former phosphate mines and three former processing facilities in southeast Idaho, which includes the Georgetown Canyon former mine and processing facility. In June 2021, we received another notice from the U.S. Department of the Interior that the natural resource damage trustees were commencing a ‘subsequent’ phase of the natural resource damage assessment, but no further details were provided with respect to said assessment. Because the former mine site is still in the remedial investigation and feasibility study stage, we are not able to estimate at this time our potential liability, if any, with respect to the cleanup of the site or a possible claim for natural resource damages. However, based on the results of the site investigation conducted to date, we do not expect the remedial or financial obligations to which we may be subject involving this or other cleanup sites will have a material adverse effect on our consolidated financial position, results of operations or cash flows.

Segment Disclosures

Segment Disclosures	9 Months Ended
	Sep. 30, 2021
Segment Reporting [Abstract]
Segment Disclosures	Segment Disclosures Our reportable segments consist of ammonia, granular urea, UAN, AN and Other. These segments are differentiated by products. Our management uses gross margin to evaluate segment performance and allocate resources. Total other operating costs and expenses (consisting of selling, general and administrative expenses and other operating—net) and non-operating expenses (interest and income taxes) are centrally managed and are not included in the measurement of segment profitability reviewed by management. Our assets, with the exception of goodwill, are not monitored by or reported to our chief operating decision maker by segment; therefore, we do not present total assets by segment. Goodwill by segment is presented in Note 7—Goodwill and Other Intangible Assets. Segment data for sales, cost of sales and gross margin for the three and nine months ended September 30, 2021 and 2020 are presented in the tables below. Ammonia (1) Granular Urea (2) UAN (2) AN (2) Other (2) Consolidated (in millions) Three months ended September 30, 2021 Net sales $ 344 $ 386 $ 390 $ 118 $ 124 $ 1,362 Cost of sales 262 200 233 122 105 922 Gross margin $ 82 $ 186 $ 157 $ (4) $ 19 440 Total other operating costs and expenses (3) 552 Equity in earnings of operating affiliate 15 Operating loss $ (97) Three months ended September 30, 2020 Net sales $ 165 $ 249 $ 248 $ 109 $ 76 $ 847 Cost of sales 174 183 237 96 74 764 Gross margin $ (9) $ 66 $ 11 $ 13 $ 2 83 Total other operating costs and expenses 45 Equity in earnings of operating affiliate 2 Operating earnings $ 40 Nine months ended September 30, 2021 Net sales $ 1,009 $ 1,218 $ 1,056 $ 359 $ 356 $ 3,998 Cost of sales 675 705 759 337 290 2,766 Gross margin $ 334 $ 513 $ 297 $ 22 $ 66 1,232 Total other operating costs and expenses (3) 669 Equity in earnings of operating affiliate 37 Operating earnings $ 600 Nine months ended September 30, 2020 Net sales $ 722 $ 915 $ 791 $ 343 $ 251 $ 3,022 Cost of sales 609 612 675 290 215 2,401 Gross margin $ 113 $ 303 $ 116 $ 53 $ 36 621 Total other operating costs and expenses 162 Equity in earnings of operating affiliate 8 Operating earnings $ 467 _______________________________________________________________________________ (1) Cost of sales and gross margin for the ammonia segment in the nine months ended September 30, 2021, include a $112 million gain on the net settlement of certain natural gas contracts with our suppliers. See Note 13—Derivative Financial Instruments for additional information. (2) The cost of the products that are upgraded into other products is transferred at cost into the upgraded product results. (3) Total other operating costs and expenses in the three and nine months ended September 30, 2021 includes goodwill, long-lived and intangible asset impairment charges of $495 million.

Subsequent Event

Subsequent Event	9 Months Ended
	Sep. 30, 2021
Subsequent Events [Abstract]
Subsequent Event	18. Subsequent Event On November 3, 2021, the Board authorized the repurchase of up to $1.5 billion of CF Holdings common stock from January 1, 2022 through December 31, 2024 (the 2021 Share Repurchase Program). Repurchases under the 2021 Share Repurchase Program may be made from time to time in the open market, through privately negotiated transactions, block transactions or otherwise. The manner, timing and amount of repurchases will be determined by our management based on the evaluation of market conditions, stock price, and other factors. See Note 15—Stockholders’ Equity for information related to the 2019 Share Repurchase Program, which expires on December 31, 2021.

Revenue Recognition (Tables)

Revenue Recognition (Tables)	9 Months Ended
	Sep. 30, 2021
Revenue from Contract with Customer [Abstract]
Disaggregation of Revenue	The following table summarizes our revenue by product and by geography (based on destination of our shipment) for the three and nine months ended September 30, 2021 and 2020: Ammonia Granular Urea UAN AN Other Total (in millions) Three months ended September 30, 2021 North America $ 279 $ 386 $ 324 $ 48 $ 94 $ 1,131 Europe and other 65 — 66 70 30 231 Total revenue $ 344 $ 386 $ 390 $ 118 $ 124 $ 1,362 Three months ended September 30, 2020 North America $ 116 $ 222 $ 221 $ 41 $ 56 $ 656 Europe and other 49 27 27 68 20 191 Total revenue $ 165 $ 249 $ 248 $ 109 $ 76 $ 847 Nine months ended September 30, 2021 North America $ 878 $ 1,218 $ 949 $ 144 $ 263 $ 3,452 Europe and other 131 — 107 215 93 546 Total revenue $ 1,009 $ 1,218 $ 1,056 $ 359 $ 356 $ 3,998 Nine months ended September 30, 2020 North America $ 614 $ 865 $ 739 $ 138 $ 171 $ 2,527 Europe and other 108 50 52 205 80 495 Total revenue $ 722 $ 915 $ 791 $ 343 $ 251 $ 3,022

United Kingdom Energy Crisis _2

United Kingdom Energy Crisis and Impairment Charges (Tables)	9 Months Ended
	Sep. 30, 2021
Restructuring and Related Activities [Abstract]
Schedule of Asset Impairment Assumptions	Assuming that all other assumptions utilized in our expected cash flows and the other inputs used in our long-lived asset and goodwill impairment tests remain unchanged, a change in each of these three inputs would have the following effect on the amount of long-lived asset and goodwill impairment recognized in the three months ended September 30, 2021: Increase/(Decrease) in Increase/(Decrease) in Long-lived Asset Impairment Goodwill Impairment Assumption (in millions) +$5.00 -$5.00 +$5.00 -$5.00 Average Selling Price per Product Ton $ (87) $ 8 $ (20) $ 25 +$0.50 -$0.50 +$0.50 -$0.50 Natural Gas Cost per MMBtu (1) $ 7 $ (33) $ 20 $ (53) +50 bps -50 bps +50 bps -50 bps Discount Rate $ 1 $ (1) $ 14 $ (22) _______________________________________________________________________________ (1) The sensitivity impact of a $0.50/MMBtu increase or decrease in the cost of natural gas includes any corresponding impact to selling prices from contractually stipulated sales provisions.

Net Earnings Per Share (Tables)

Net Earnings Per Share (Tables)	9 Months Ended
	Sep. 30, 2021
Earnings Per Share [Abstract]
Summary of net earnings per share	Net (loss) earnings per share were computed as follows: Three months ended Nine months ended 2021 2020 2021 2020 (in millions, except per share amounts) Net (loss) earnings attributable to common stockholders $ (185) $ (28) $ 212 $ 230 Basic (loss) earnings per common share: Weighted-average common shares outstanding 214.9 213.9 215.3 215.0 Net (loss) earnings attributable to common stockholders $ (0.86) $ (0.13) $ 0.99 $ 1.07 Diluted (loss) earnings per common share: Weighted-average common shares outstanding 214.9 213.9 215.3 215.0 Dilutive common shares—stock-based awards — — 1.1 0.3 Diluted weighted-average shares outstanding 214.9 213.9 216.4 215.3 Net (loss) earnings attributable to common stockholders $ (0.86) $ (0.13) $ 0.98 $ 1.07

Inventories (Tables)

Inventories (Tables)	9 Months Ended
	Sep. 30, 2021
Inventory Disclosure [Abstract]
Schedule of inventories	Inventories consist of the following: September 30, December 31, (in millions) Finished goods $ 370 $ 246 Raw materials, spare parts and supplies 48 41 Total inventories $ 418 $ 287

Property, Plant and Equipment_2

Property, Plant and Equipment-Net (Tables)	9 Months Ended
	Sep. 30, 2021
Property, Plant and Equipment, Net [Abstract]
Components of property, plant and equipment-net	Property, plant and equipment—net consists of the following: September 30, December 31, (in millions) Land $ 68 $ 68 Machinery and equipment (1) 12,696 12,539 Buildings and improvements (1) 908 895 Construction in progress (1) 195 275 Property, plant and equipment (2) 13,867 13,777 Less: Accumulated depreciation and amortization 6,657 6,145 Property, plant and equipment—net $ 7,210 $ 7,632 _______________________________________________________________________________ (1) As of September 30, 2021, machinery and equipment, buildings and improvements, and construction in progress include impairment charges recorded in the three months ended September 30, 2021 of $169 million, $5 million and $8 million, respectively.
Summary of plant turnaround activity	The following is a summary of capitalized plant turnaround costs: Nine months ended 2021 2020 (in millions) Net capitalized turnaround costs: Beginning balance $ 226 $ 246 Additions 215 68 Depreciation (84) (77) Effect of exchange rate changes — (2) Ending balance $ 357 $ 235

Goodwill and Other Intangible_2

Goodwill and Other Intangible Assets (Tables)	9 Months Ended
	Sep. 30, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of carrying amount of goodwill by business segment	The following table shows the carrying amount of goodwill by reportable segment as of September 30, 2021 and December 31, 2020: Ammonia Granular Urea UAN AN Other Total (in millions) Balance as of December 31, 2020 $ 587 $ 828 $ 576 $ 310 $ 73 $ 2,374 Impairment losses (4) — — (233) (22) (259) Effect of exchange rate changes — — — — 1 1 Balance as of September 30, 2021 $ 583 $ 828 $ 576 $ 77 $ 52 $ 2,116
Schedule of the identifiable intangibles and their carrying values presented in other noncurrent assets on consolidated balance sheet	All of our identifiable intangible assets have definite lives and are presented in other assets on our consolidated balance sheets at gross carrying amount, net of accumulated amortization, as follows: September 30, 2021 December 31, 2020 Gross Accumulated Net Gross Accumulated Net (in millions) Customer relationships $ 84 $ (58) $ 26 $ 133 $ (52) $ 81 Trade names 31 (10) 21 32 (9) 23 U.K. carbon credits 19 — 19 — — — Total intangible assets $ 134 $ (68) $ 66 $ 165 $ (61) $ 104 _______________________________________________________________________________ (1) As of September 30, 2021, the gross carrying amount for customer relationships and trade names include impairment charges recorded in the three months ended September 30, 2021 of $49 million and $1 million, respectively.
Schedule of estimated future amortization expense	Total estimated amortization expense for the remainder of 2021 and each of the five succeeding fiscal years is as follows: Estimated (in millions) Remainder of 2021 $ 1 2022 7 2023 15 2024 9 2025 4 2026 4

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	9 Months Ended
	Sep. 30, 2021
Fair Value Disclosures [Abstract]
Schedule of cash and cash equivalents and other investments reconciliation from adjusted cost to fair value	Our cash and cash equivalents and other investments consist of the following: September 30, 2021 Cost Basis Unrealized Unrealized Fair Value (in millions) Cash $ 52 $ — $ — $ 52 Cash equivalents: U.S. and Canadian government obligations 649 — — 649 Other debt securities 56 — — 56 Total cash and cash equivalents $ 757 $ — $ — $ 757 Nonqualified employee benefit trusts 17 3 — 20 December 31, 2020 Cost Basis Unrealized Unrealized Fair Value (in millions) Cash $ 108 $ — $ — $ 108 Cash equivalents: U.S. and Canadian government obligations 552 — — 552 Other debt securities 23 — — 23 Total cash and cash equivalents $ 683 $ — $ — $ 683 Nonqualified employee benefit trusts 16 3 — 19
Schedule of assets and liabilities measured at fair value on a recurring basis	The following tables present assets and liabilities included in our consolidated balance sheets as of September 30, 2021 and December 31, 2020 that are recognized at fair value on a recurring basis, and indicate the fair value hierarchy utilized to determine such fair value: September 30, 2021 Total Fair Quoted Prices Significant Significant (in millions) Cash equivalents $ 705 $ 705 $ — $ — Nonqualified employee benefit trusts 20 20 — — Derivative assets 15 — 15 — Derivative liabilities (3) — (3) — Embedded derivative liability (20) — (20) — December 31, 2020 Total Fair Quoted Prices Significant Significant (in millions) Cash equivalents $ 575 $ 575 $ — $ — Nonqualified employee benefit trusts 19 19 — — Derivative assets 1 — 1 — Derivative liabilities (7) — (7) — Embedded derivative liability (18) — (18) —
Schedule of carrying amounts and estimated fair values of financial instruments	The carrying amount and estimated fair value of our financial instruments are as follows: September 30, 2021 December 31, 2020 Carrying Fair Value Carrying Fair Value (in millions) Long-term debt, including current maturities $ 3,465 $ 4,165 $ 3,961 $ 4,731

Interest Expense (Tables)

Interest Expense (Tables)	9 Months Ended
	Sep. 30, 2021
Interest Expense [Abstract]
Schedule of interest expense	Interest Expense Details of interest expense are as follows: Three months ended Nine months ended 2021 2020 2021 2020 (in millions) Interest on borrowings (1) $ 43 $ 46 $ 133 $ 139 Fees on financing agreements (1) 3 2 7 6 Interest on tax liabilities (2) — — — (4) Total interest expense $ 46 $ 48 $ 140 $ 141 _______________________________________________________________________________ (1) See Note 12—Financing Agreements for additional information. (2) Interest on tax liabilities for the nine months ended September 30, 2020 consists of a reduction in interest accrued on the reserve for unrecognized tax benefits.

Financing Agreements (Tables)

Financing Agreements (Tables)	9 Months Ended
	Sep. 30, 2021
Debt Disclosure [Abstract]
Components of long-term debt	Long-term debt presented on our consolidated balance sheets as of September 30, 2021 and December 31, 2020 consisted of the following debt securities issued by CF Industries: Effective Interest Rate September 30, 2021 December 31, 2020 Principal Carrying Amount (1) Principal Carrying Amount (1) (in millions) Public Senior Notes: 3.450% due June 2023 3.562% $ 500 $ 499 $ 750 $ 748 5.150% due March 2034 5.279% 750 741 750 741 4.950% due June 2043 5.031% 750 742 750 742 5.375% due March 2044 5.465% 750 742 750 741 Senior Secured Notes: 3.400% due December 2021 3.782% — — 250 249 4.500% due December 2026 (2) 4.759% 750 741 750 740 Total long-term debt $ 3,500 $ 3,465 $ 4,000 $ 3,961 Less: Current maturities of long-term debt — — 250 249 Long-term debt, net of current maturities $ 3,500 $ 3,465 $ 3,750 $ 3,712 _______________________________________________________________________________ (1) Carrying amount is net of unamortized debt discount and deferred debt issuance costs. Total unamortized debt discount was $8 million and $9 million as of September 30, 2021 and December 31, 2020, respectively, and total deferred debt issuance costs were $27 million and $30 million as of September 30, 2021 and December 31, 2020, respectively. (2) Effective August 23, 2021, these notes are no longer secured, in accordance with the terms of the applicable indenture.

Derivative Financial Instrume_2

Derivative Financial Instruments (Tables)	9 Months Ended
	Sep. 30, 2021
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Instruments, Gain (Loss)	The effect of derivatives in our consolidated statements of operations is shown in the table below. Gain (loss) recognized in income Three months ended Nine months ended Location 2021 2020 2021 2020 (in millions) Unrealized net gains on natural gas derivatives Cost of sales $ 12 $ — $ 18 $ 12 Realized net losses on natural gas derivatives Cost of sales — — (3) (16) Gain on net settlement of natural gas derivatives due to Winter Storm Uri Cost of sales — — 112 — Net derivative gains (losses) $ 12 $ — $ 127 $ (4)
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value	The fair values of derivatives on our consolidated balance sheets are shown below. As of September 30, 2021 and December 31, 2020, none of our derivative instruments were designated as hedging instruments. See Note 9—Fair Value Measurements for additional information on derivative fair values. Asset Derivatives Liability Derivatives Balance Sheet Location September 30, December 31, 2020 Balance Sheet Location September 30, December 31, 2020 (in millions) (in millions) Natural gas derivatives Other current assets $ 15 $ 1 Other current liabilities $ (3) $ (7)
Offsetting Liabilities	The following table presents amounts relevant to offsetting of our derivative assets and liabilities as of September 30, 2021 and December 31, 2020: Amounts presented in consolidated balance sheets (1) Gross amounts not offset in consolidated balance sheets Financial Cash collateral received (pledged) Net (in millions) September 30, 2021 Total derivative assets $ 15 $ — $ — $ 15 Total derivative liabilities (3) — — (3) Net derivative assets $ 12 $ — $ — $ 12 December 31, 2020 Total derivative assets $ 1 $ — $ — $ 1 Total derivative liabilities (7) — — (7) Net derivative liabilities $ (6) $ — $ — $ (6) _______________________________________________________________________________ (1) We report the fair values of our derivative assets and liabilities on a gross basis on our consolidated balance sheets. As a result, the gross amounts recognized and net amounts presented are the same.
Offsetting Assets	The following table presents amounts relevant to offsetting of our derivative assets and liabilities as of September 30, 2021 and December 31, 2020: Amounts presented in consolidated balance sheets (1) Gross amounts not offset in consolidated balance sheets Financial Cash collateral received (pledged) Net (in millions) September 30, 2021 Total derivative assets $ 15 $ — $ — $ 15 Total derivative liabilities (3) — — (3) Net derivative assets $ 12 $ — $ — $ 12 December 31, 2020 Total derivative assets $ 1 $ — $ — $ 1 Total derivative liabilities (7) — — (7) Net derivative liabilities $ (6) $ — $ — $ (6) _______________________________________________________________________________ (1) We report the fair values of our derivative assets and liabilities on a gross basis on our consolidated balance sheets. As a result, the gross amounts recognized and net amounts presented are the same.

Noncontrolling Interest (Tables

Noncontrolling Interest (Tables)	9 Months Ended
	Sep. 30, 2021
Noncontrolling Interest [Abstract]
Noncontrolling Interest	A reconciliation of the beginning and ending balances of noncontrolling interest and distributions payable to noncontrolling interest in our consolidated balance sheets is provided below. 2021 2020 (in millions) Noncontrolling interest: Balance as of January 1 $ 2,681 $ 2,740 Earnings attributable to noncontrolling interest 189 83 Declaration of distributions payable (194) (174) Balance as of September 30 $ 2,676 $ 2,649 Distributions payable to noncontrolling interest: Balance as of January 1 $ — $ — Declaration of distributions payable 194 174 Distributions to noncontrolling interest (194) (174) Balance as of September 30 $ — $ —

Stockholders' Equity (Tables)

Stockholders' Equity (Tables)	9 Months Ended
	Sep. 30, 2021
Equity [Abstract]
Schedule of changes to AOCI	Changes to accumulated other comprehensive loss and the impact on other comprehensive income (loss) are as follows: Foreign Unrealized Defined Accumulated (in millions) Balance as of December 31, 2019 $ (188) $ 5 $ (183) $ (366) Gain arising during the period — — 1 1 Reclassification to earnings (1) — — 5 5 Effect of exchange rate changes and deferred taxes (30) — 2 (28) Balance as of September 30, 2020 $ (218) $ 5 $ (175) $ (388) Balance as of December 31, 2020 $ (144) $ 4 $ (180) $ (320) Loss arising during the period — — (4) (4) Reclassification to earnings (1) — — 9 9 Effect of exchange rate changes and deferred taxes (2) — 1 (1) Balance as of September 30, 2021 $ (146) $ 4 $ (174) $ (316) ____________________________________________________________________________ (1) Reclassifications out of accumulated other comprehensive loss to earnings during the three and nine months ended September 30, 2021 and 2020 were not material.

Segment Disclosures (Tables)

Segment Disclosures (Tables)	3 Months Ended
	Sep. 30, 2021
Segment Reporting [Abstract]
Summary of segment data for sales, cost of sales and gross margin	Segment data for sales, cost of sales and gross margin for the three and nine months ended September 30, 2021 and 2020 are presented in the tables below. Ammonia (1) Granular Urea (2) UAN (2) AN (2) Other (2) Consolidated (in millions) Three months ended September 30, 2021 Net sales $ 344 $ 386 $ 390 $ 118 $ 124 $ 1,362 Cost of sales 262 200 233 122 105 922 Gross margin $ 82 $ 186 $ 157 $ (4) $ 19 440 Total other operating costs and expenses (3) 552 Equity in earnings of operating affiliate 15 Operating loss $ (97) Three months ended September 30, 2020 Net sales $ 165 $ 249 $ 248 $ 109 $ 76 $ 847 Cost of sales 174 183 237 96 74 764 Gross margin $ (9) $ 66 $ 11 $ 13 $ 2 83 Total other operating costs and expenses 45 Equity in earnings of operating affiliate 2 Operating earnings $ 40 Nine months ended September 30, 2021 Net sales $ 1,009 $ 1,218 $ 1,056 $ 359 $ 356 $ 3,998 Cost of sales 675 705 759 337 290 2,766 Gross margin $ 334 $ 513 $ 297 $ 22 $ 66 1,232 Total other operating costs and expenses (3) 669 Equity in earnings of operating affiliate 37 Operating earnings $ 600 Nine months ended September 30, 2020 Net sales $ 722 $ 915 $ 791 $ 343 $ 251 $ 3,022 Cost of sales 609 612 675 290 215 2,401 Gross margin $ 113 $ 303 $ 116 $ 53 $ 36 621 Total other operating costs and expenses 162 Equity in earnings of operating affiliate 8 Operating earnings $ 467 _______________________________________________________________________________ (1) Cost of sales and gross margin for the ammonia segment in the nine months ended September 30, 2021, include a $112 million gain on the net settlement of certain natural gas contracts with our suppliers. See Note 13—Derivative Financial Instruments for additional information. (2) The cost of the products that are upgraded into other products is transferred at cost into the upgraded product results. (3) Total other operating costs and expenses in the three and nine months ended September 30, 2021 includes goodwill, long-lived and intangible asset impairment charges of $495 million.

Revenue Recognition - Narrative

Revenue Recognition - Narrative (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2020
Revenue from Contract with Customer [Abstract]
Net sales	$ 1,362	$ 847	$ 3,998	$ 3,022
Customer advances	$ 375		$ 375		$ 130

Revenue Recognition - Revenue b

Revenue Recognition - Revenue by Product and by Geography (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Disaggregation of Revenue [Line Items]
Net sales	$ 1,362	$ 847	$ 3,998	$ 3,022
Winter Storm Uri
Disaggregation of Revenue [Line Items]
Net sales			68
North America
Disaggregation of Revenue [Line Items]
Net sales	1,131	656	3,452	2,527
Europe and Other
Disaggregation of Revenue [Line Items]
Net sales	231	191	546	495
Ammonia
Disaggregation of Revenue [Line Items]
Net sales	344	165	1,009	722
Ammonia | North America
Disaggregation of Revenue [Line Items]
Net sales	279	116	878	614
Ammonia | Europe and Other
Disaggregation of Revenue [Line Items]
Net sales	65	49	131	108
Granular Urea
Disaggregation of Revenue [Line Items]
Net sales	386	249	1,218	915
Granular Urea | North America
Disaggregation of Revenue [Line Items]
Net sales	386	222	1,218	865
Granular Urea | Europe and Other
Disaggregation of Revenue [Line Items]
Net sales	0	27	0	50
UAN
Disaggregation of Revenue [Line Items]
Net sales	390	248	1,056	791
UAN | North America
Disaggregation of Revenue [Line Items]
Net sales	324	221	949	739
UAN | Europe and Other
Disaggregation of Revenue [Line Items]
Net sales	66	27	107	52
AN
Disaggregation of Revenue [Line Items]
Net sales	118	109	359	343
AN | North America
Disaggregation of Revenue [Line Items]
Net sales	48	41	144	138
AN | Europe and Other
Disaggregation of Revenue [Line Items]
Net sales	70	68	215	205
Other
Disaggregation of Revenue [Line Items]
Net sales	124	76	356	251
Other | North America
Disaggregation of Revenue [Line Items]
Net sales	94	56	263	171
Other | Europe and Other
Disaggregation of Revenue [Line Items]
Net sales	$ 30	$ 20	$ 93	$ 80

Revenue Recognition - Performan

Revenue Recognition - Performance Obligations (Details) $ in Millions	Sep. 30, 2021USD ($)
Revenue from Contract with Customer [Abstract]
Amount of remaining performance obligation	$ 898
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue, Performance Obligation, description of returns and other similar obligations, unfulfilled minimum contractual right of payment	$ 181
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date: 2021-10-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Percent	13.00%
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date: 2022-01-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Percent	59.00%
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date: 2023-01-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Percent	59.00%
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date: 2024-01-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Percent	24.00%
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date: 2025-01-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Percent	24.00%

United Kingdom Energy Crisis _3

United Kingdom Energy Crisis and Impairment Charges - Narrative (Details) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2021USD ($)	Sep. 30, 2020USD ($)	Sep. 30, 2021USD ($)	Sep. 30, 2020USD ($)	Dec. 31, 2020USD ($)
Restructuring Cost and Reserve [Line Items]
Impairment charges	$ 495		$ 495
Goodwill impairment	259	$ 0	259	$ 0
Long-lived and intangible asset impairment	236	$ 0	236	$ 0
Goodwill	2,116		2,116		$ 2,374
U.K.
Restructuring Cost and Reserve [Line Items]
Long-lived and intangible asset impairment			50
Goodwill	26		26
Long-lived assets	$ 450		$ 450
U.K. | Valuation Technique, Discounted Cash Flow | Measurement Input, Discount Rate
Restructuring Cost and Reserve [Line Items]
Asset impairment test, measurement input	0.1125		0.1125

United Kingdom Energy Crisis _4

United Kingdom Energy Crisis and Impairment Charges - Impairment Assumptions (Details) $ in Millions	Sep. 30, 2021USD ($)
Restructuring and Related Activities [Abstract]
Effect of $5 increase on average selling price per ton	$ (87)
Effect of $5 decrease on average selling price per ton	8
Goodwill Impairment, Effect of $5 increase on average selling price per ton	(20)
Goodwill Impairment, Effect of $5 decrease on average selling price per ton	25
Long-lived asset impairment assumptions, Effect of $.50 increase of natural gas cost per MMbtu	7
Long-lived asset impairment assumptions, Effect of $.50 decrease of natural gas cost per MMbtu	(33)
Goodwill impairment assumptions, Effect of $.50 increase of natural gas cost per MMbtu	20
Goodwill impairment assumptions, Effect of $.50 decrease of natural gas cost per MMbtu	(53)
Long-lived asset impairment assumptions, Effect of 50 basis points increase of discount rate	1
Long-lived asset impairment assumptions, Effect of 50 basis points decrease of discount rate	(1)
Goodwill asset impairment assumptions, Effect of 50 basis points increase of discount rate	14
Goodwill asset impairment assumptions, Effect of 50 basis points decrease of discount rate	$ (22)

Net Earnings Per Share (Details

Net Earnings Per Share (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Earnings Per Share [Abstract]
Net (loss) earnings attributable to common stockholders	$ (185)	$ (28)	$ 212	$ 230
Basic (loss) earnings per common share:
Weighted-average common shares outstanding	214.9	213.9	215.3	215
Net earnings attributable to common stockholders (in dollars per share)	$ (0.86)	$ (0.13)	$ 0.99	$ 1.07
Diluted (loss) earnings per common share:
Weighted-average common shares outstanding	214.9	213.9	215.3	215
Dilutive common shares—stock options (in shares)	0	0	1.1	0.3
Diluted weighted-average shares outstanding	214.9	213.9	216.4	215.3
Net earnings attributable to common stockholders diluted (in dollars per share)	$ (0.86)	$ (0.13)	$ 0.98	$ 1.07
Antidilutive securities excluded from computation of EPS (in shares)	3.5	3.1	1.2	3.3

Inventories (Details)

Inventories (Details) - USD ($) $ in Millions	Sep. 30, 2021	Dec. 31, 2020
Inventory Disclosure [Abstract]
Finished goods	$ 370	$ 246
Raw materials, spare parts and supplies	48	41
Total inventories	$ 418	$ 287

Property, Plant and Equipment_3

Property, Plant and Equipment-Net (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2020	Dec. 31, 2019
Property, Plant and Equipment-Net
Gross property plant and equipment	$ 13,867		$ 13,867		$ 13,777
Less: Accumulated depreciation and amortization	6,657		6,657		6,145
Net property, plant and equipment	7,210		7,210		7,632
Construction in progress expenditures incurred but not yet paid			78	$ 73	43	$ 42
Depreciation and amortization	198	$ 207	637	650
Changes in plant turnaround activity
Long-lived and intangible asset impairment	236	0	236	0
U.K.
Changes in plant turnaround activity
Long-lived and intangible asset impairment			50
Long-lived assets	450		450
Land
Property, Plant and Equipment-Net
Gross property plant and equipment	68		68		68
Machinery and equipment(1)
Property, Plant and Equipment-Net
Gross property plant and equipment	12,696		12,696		12,539
Changes in plant turnaround activity
Balance at the beginning of the period			226	246	246
Additions			215	68
Depreciation			(84)	(77)
Effect of exchange rate changes			0	(2)
Balance at the end of the period	357	$ 235	357	$ 235	226	$ 246
Long-lived and intangible asset impairment	169
Buildings and improvements(1)
Property, Plant and Equipment-Net
Gross property plant and equipment	908		908		895
Changes in plant turnaround activity
Long-lived and intangible asset impairment	5
Construction in progress
Property, Plant and Equipment-Net
Gross property plant and equipment	195		195		$ 275
Changes in plant turnaround activity
Long-lived and intangible asset impairment	8
Property, plant and equipment
Changes in plant turnaround activity
Long-lived and intangible asset impairment			182
Property, plant and equipment | U.K.
Changes in plant turnaround activity
Long-lived assets	$ 390		$ 390

Goodwill and Other Intangible_3

Goodwill and Other Intangible Assets (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Goodwill
Goodwill, Beginning Balance			$ 2,374
Effect of exchange rate changes			1
Goodwill, Ending Balance	$ 2,116		2,116
Goodwill, Impairment Loss	(259)	$ 0	(259)	$ 0
U.K.
Goodwill
Goodwill, Ending Balance	26		26
Ammonia
Goodwill
Goodwill, Beginning Balance			587
Effect of exchange rate changes			0
Goodwill, Ending Balance	583		583
Goodwill, Impairment Loss			(4)
Ammonia | U.K.
Goodwill
Goodwill, Ending Balance	5		5
Granular Urea
Goodwill
Goodwill, Beginning Balance			828
Effect of exchange rate changes			0
Goodwill, Ending Balance	828		828
Goodwill, Impairment Loss			0
UAN
Goodwill
Goodwill, Beginning Balance			576
Effect of exchange rate changes			0
Goodwill, Ending Balance	576		576
Goodwill, Impairment Loss			0
AN
Goodwill
Goodwill, Beginning Balance			310
Effect of exchange rate changes			0
Goodwill, Ending Balance	77		77
Goodwill, Impairment Loss			(233)
AN | U.K.
Goodwill
Goodwill, Impairment Loss			(8)
Other
Goodwill
Goodwill, Beginning Balance			73
Effect of exchange rate changes			1
Goodwill, Ending Balance	$ 52		52
Goodwill, Impairment Loss			(22)
Other | U.K.
Goodwill
Goodwill, Impairment Loss			$ (13)

Goodwill and Other Intangible_4

Goodwill and Other Intangible Assets (Details 2) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2020
Identifiable intangibles
Gross Carrying Amount	$ 134		$ 134		$ 165
Accumulated Amortization	(68)		(68)		(61)
Net	66		$ 66		104
Finite-Lived Intangible Asset, Useful Life			20 years
Amortization expense	2	$ 2	$ 6	$ 6
Long-lived and intangible asset impairment	236	$ 0	236	$ 0
Total estimated amortization expense for the five succeeding fiscal years
Remainder of 2021	1		1
2022	7		7
2023	15		15
2024	9		9
2025	4		4
2026	4		4
U.K.
Identifiable intangibles
Long-lived and intangible asset impairment			50
Long-lived assets	450		450
Customer relationships
Identifiable intangibles
Gross Carrying Amount	84		84		133
Accumulated Amortization	(58)		(58)		(52)
Net	26		26		81
Long-lived and intangible asset impairment			49
Trade names
Identifiable intangibles
Gross Carrying Amount	31		31		32
Accumulated Amortization	(10)		(10)		(9)
Net	21		21		23
Long-lived and intangible asset impairment			1
Customer Relationships and Trade Names | U.K.
Identifiable intangibles
Long-lived assets	30		30
U.K. carbon credits
Identifiable intangibles
Gross Carrying Amount	19		19		0
Accumulated Amortization	0		0		0
Net	$ 19		$ 19		$ 0

Equity Method Investment-Narrat

Equity Method Investment-Narrative (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Equity method investments
Obligation to purchase ammonia (as a percent)			50.00%
Operating equity method investments | Maximum | Property, plant and equipment
Equity method investments
Number of years that the increased basis for property, plant and equipment and identifiable intangibles will be amortized			12 years
Point Lisas Nitrogen Limited (PLNL) | Operating equity method investments
Equity method investments
Ownership interest (as a percent)	50.00%		50.00%
Equity Method Investment	$ 92		$ 92
Carrying value of investments in excess of the entity's share of the affiliates' book value	40		40
Purchases of ammonia from PLNL	$ 30	$ 14	$ 93	$ 37

Fair Value Measurements (Detail

Fair Value Measurements (Details) - USD ($) $ in Millions	Sep. 30, 2021	Dec. 31, 2020
Schedule of Investments [Line Items]
Cash	$ 52	$ 108
Cash and Cash Equivalents
Cash equivalents:
Cost Basis	757	683
Unrealized Gains	0	0
Unrealized Losses	0	0
Fair Value	757	683
U.S. and Canadian government obligations | Cash and Cash Equivalents
Cash equivalents:
Cost Basis	649	552
Unrealized Gains	0	0
Unrealized Losses	0	0
Fair Value	649	552
Other debt securities | Cash and Cash Equivalents
Cash equivalents:
Cost Basis	56	23
Unrealized Gains	0	0
Unrealized Losses	0	0
Fair Value	56	23
Nonqualified employee benefit trusts
Cash equivalents:
Cost Basis	17	16
Unrealized Gains	3	3
Unrealized Losses	0	0
Fair Value	$ 20	$ 19

Fair Value Measurements (Deta_2

Fair Value Measurements (Details 2) - USD ($) $ in Millions	3 Months Ended					9 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016	Sep. 30, 2021	Sep. 30, 2020
Assets and liabilities measured at fair value on a recurring basis
Payments for Strategic Venture Compliance	$ 5	$ 5	$ 5	$ 5	$ 5	$ 5
Unrealized Loss on Embedded Derivative Instrument						2	$ 2
Estimate of Fair Value Measurement
Assets and liabilities measured at fair value on a recurring basis
Fair value of long-term debt, including current portion	4,731					4,165
Reported Value Measurement
Assets and liabilities measured at fair value on a recurring basis
Fair value of long-term debt, including current portion	3,961					3,465
Recurring basis
Assets and liabilities measured at fair value on a recurring basis
Cash equivalents	575					705
Nonqualified employee benefit trusts	19					20
Derivative Liability	7					3
Embedded derivative liability	(18)					(20)
Derivative Asset	1					15
Recurring basis | Quoted Prices in Active Markets (Level 1)
Assets and liabilities measured at fair value on a recurring basis
Cash equivalents	575					705
Nonqualified employee benefit trusts	19					20
Derivative Liability	0					0
Embedded derivative liability	0					0
Derivative Asset	0					0
Recurring basis | Significant Other Observable Inputs (Level 2)
Assets and liabilities measured at fair value on a recurring basis
Cash equivalents	0					0
Nonqualified employee benefit trusts	0					0
Derivative Liability	7					3
Embedded derivative liability	(18)					(20)
Derivative Asset	1					15
Recurring basis | Fair Value, Inputs (Level 3)
Assets and liabilities measured at fair value on a recurring basis
Cash equivalents	0					0
Nonqualified employee benefit trusts	0					0
Derivative Liability	0					0
Embedded derivative liability	0					0
Derivative Asset	$ 0					$ 0

Income Taxes Incomes Taxes (Det

Income Taxes Incomes Taxes (Details) - USD ($) $ in Millions	3 Months Ended			9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Jun. 30, 2020	Sep. 30, 2021	Sep. 30, 2020	Mar. 31, 2021	Jul. 31, 2020
Operating Loss Carryforwards [Line Items]
Income tax provision (benefit)	$ 46	$ 13		$ (57)	$ (33)
Effective Income Tax Rate Reconciliation, Percent	34.30%	155.00%		12.30%	9.40%
Decrease resulting from settlements with taxing authorities			$ 19
Effective Income Tax Rate Reconciliation, Tax Settlement, Amount				$ 36	$ 25
Less: Net earnings attributable to noncontrolling interest	$ 94	$ 32		$ 189	$ 83
Effective Income Tax Rate Reconciliation, period increase/(decrease) due to noncontrolling interest	14.00%	121.60%		8.70%	3.00%
Income Tax Examination, Interest Income, Net of Tax			13
Deferred Tax Assets, Capital Loss Carryforwards		$ 90			$ 90
Deferred Tax Assets, Valuation Allowance		$ 90			$ 90
Income Tax Examination, Liability (Refund) Adjustment from Settlement with Taxing Authority			108
Income Tax Examination, Liability (Refund) Adjustment from Settlement with Taxing Authority, Withholding Tax Matter						$ 20	$ 2
Tax Years 2012-2016
Operating Loss Carryforwards [Line Items]
Decrease resulting from settlements with taxing authorities	$ 15
Domestic Tax Authority
Operating Loss Carryforwards [Line Items]
Income Tax Examination, Interest Income			$ 16

Interest Expense (Details)

Interest Expense (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Interest Expense [Abstract]
Interest on borrowings(1)	$ 43	$ 46	$ 133	$ 139
Fees on financing agreements(1)	3	2	7	6
Interest on tax liabilities(2)	0	0	0	(4)
Interest expense	$ 46	$ 48	$ 140	$ 141

Financing Agreements (Details)

Financing Agreements (Details) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2020
Financing agreements
Line of Credit Facility, Maximum Amount Outstanding During Period	$ 500
Line of Credit Facility, Interest Rate During Period		2.05%
Debt Instruments
Principal	3,500		$ 4,000
Carrying amount	3,465		3,961
Current Maturities of long-term debt	0		250
Current maturities of long-term debt	0		249
Long-term debt, net of current maturities	3,465		3,712
Long-term debt, net of current maturities	3,500		3,750
CF Industries
Debt Instruments
Unamortized debt discount	8		9
Total deferred debt issuance costs	$ 27		$ 30
CF Industries | Senior Notes | Senior notes 3.450% due 2023
Financing agreements
Interest rate (as a percent)	3.45%		3.45%
Debt Instruments
Effective Interest Rate (percent)	3.562%		3.562%
Principal	$ 500		$ 750
Carrying amount	$ 499		$ 748
CF Industries | Senior Notes | Senior notes 5.150% due 2034
Financing agreements
Interest rate (as a percent)	5.15%		5.15%
Debt Instruments
Effective Interest Rate (percent)	5.279%		5.279%
Principal	$ 750		$ 750
Carrying amount	$ 741		$ 741
CF Industries | Senior Notes | Senior notes 4.950% due 2043
Financing agreements
Interest rate (as a percent)	4.95%		4.95%
Debt Instruments
Effective Interest Rate (percent)	5.031%		5.031%
Principal	$ 750		$ 750
Carrying amount	$ 742		$ 742
CF Industries | Senior Notes | Senior notes 5.375% due 2044
Financing agreements
Interest rate (as a percent)	5.375%		5.375%
Debt Instruments
Effective Interest Rate (percent)	5.465%		5.465%
Principal	$ 750		$ 750
Carrying amount	$ 742		$ 741
CF Industries | Senior Notes | Senior Notes 3.400% Due 2021
Financing agreements
Interest rate (as a percent)	3.40%		3.40%
Debt Instruments
Effective Interest Rate (percent)	3.782%		3.782%
Principal	$ 0		$ 250
Carrying amount	$ 0		$ 249
CF Industries | Senior Notes | Senior Notes 4.500% Due 2026
Financing agreements
Interest rate (as a percent)	4.50%		4.50%
Debt Instruments
Effective Interest Rate (percent)	4.759%		4.759%
Principal	$ 750		$ 750
Carrying amount	$ 741		$ 740

Financing Agreements - Narrativ

Financing Agreements - Narrative (Details) - USD ($)	Sep. 10, 2021	Mar. 20, 2021	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2020	Dec. 05, 2019	Jul. 29, 2016
Financing agreements
Loss on debt extinguishment			$ 13,000,000	$ 0	$ 19,000,000	$ 0
Letter of Credit | Letter of Credit
Financing agreements
Maximum borrowing capacity			250,000,000		250,000,000
Line of Credit Facility, Fair Value of Amount Outstanding			229,000,000		229,000,000
CF Industries | Credit Agreement
Financing agreements
Available credit			750,000,000		750,000,000
Outstanding letters of credit			$ 0		$ 0
Long-term Line of Credit							$ 0
CF Industries | Amendment No. 4 to the Third Amended and Restated Revolving Credit Agreement | Letter of Credit | Revolving Credit Facility
Financing agreements
Maximum borrowing capacity								$ 750,000,000
CF Industries | July 2016 Credit Agreement Amendment | Letter of Credit | Letter of Credit
Financing agreements
Maximum borrowing capacity									$ 125,000,000
CF Industries | Senior Notes 3.400% Due 2021 | Senior Notes
Financing agreements
Interest rate (as a percent)			3.40%		3.40%		3.40%
Early Repayment of Senior Debt		$ 250,000,000
Extinguishment of Debt, Amount		258,000,000
Loss on debt extinguishment		$ 6,000,000
CF Industries | Senior notes 3.450% due 2023 | Senior Notes
Financing agreements
Interest rate (as a percent)			3.45%		3.45%		3.45%
Early Repayment of Senior Debt	$ 250,000,000
Extinguishment of Debt, Amount	265,000,000
Debt Instrument, Face Amount	$ 750,000,000

Derivative Financial Instrume_3

Derivative Financial Instruments (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Derivative Instruments, Gain (Loss) [Line Items]
Derivative, Gain (Loss) on Derivative, Net	$ 12	$ 0	$ 127	$ (4)
Winter Storm Uri
Derivative Instruments, Gain (Loss) [Line Items]
Gain (Loss) on Sale of Derivatives	0	0	112	0
Energy Related Derivative | Not Designated as Hedging Instrument | Cost of Sales
Derivative Instruments, Gain (Loss) [Line Items]
Unrealized Gain (Loss) on Derivatives	12	0	18	12
Gain (Loss) on Sale of Derivatives	$ 0	$ 0	$ (3)	$ (16)

Derivative Financial Instrume_4

Derivative Financial Instruments (Details 2) MMBTU in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2021USD ($)MMBTU	Sep. 30, 2020USD ($)	Sep. 30, 2021USD ($)MMBTU	Sep. 30, 2020USD ($)	Dec. 31, 2020USD ($)MMBTU
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Notional Nonmonetary Amount of Price Risk Derivative Instruments Not Designated as Hedging Instruments | MMBTU	20.7		20.7		34.1
Percentage of Consumption Hedged by Derivatives			9.00%
Fair values of derivatives on consolidated balance sheets
Cash collateral on deposit with derivative counterparties	$ 0		$ 0		$ 0
Aggregate fair value of the derivative instruments with credit risk related contingent features in a net liability position	0		0		6,000,000
Cash collateral on deposit with derivative counterparties	0		0		0
Winter Storm Uri
Fair values of derivatives on consolidated balance sheets
Gain (Loss) on Sale of Derivatives	0	$ 0	112,000,000	$ 0
Not Designated as Hedging Instrument
Fair values of derivatives on consolidated balance sheets
Derivative Asset	15,000,000		15,000,000		1,000,000
Derivative Liability	3,000,000		3,000,000		7,000,000
Cash collateral on deposit with derivative counterparties	0		0		0
Cash collateral on deposit with derivative counterparties	0		0		0
Not Designated as Hedging Instrument | Energy Related Derivative
Fair values of derivatives on consolidated balance sheets
Derivative Asset	15,000,000		15,000,000		1,000,000
Derivative Liability	3,000,000		3,000,000		$ 7,000,000
Designated as Hedging Instrument
Fair values of derivatives on consolidated balance sheets
Derivative Asset	$ 0		$ 0

Derivative Financial Instrume_5

Derivative Financial Instruments (Details 3) - USD ($)	Sep. 30, 2021	Dec. 31, 2020
Derivative [Line Items]
Cash collateral on deposit with derivative counterparties	$ 0	$ 0
Not Designated as Hedging Instrument
Derivative [Line Items]
Derivative Asset	15,000,000	1,000,000
Derivative, Collateral, Obligation to Return Securities	0	0
Derivative, Collateral, Obligation to Return Cash	0	0
Derivative Asset, Fair Value, Offset Against Collateral, Net of Not Subject to Master Netting Arrangement, Policy Election	15,000,000	1,000,000
Derivative Liability	(3,000,000)	(7,000,000)
Derivative Liability, Not Subject to Master Netting Arrangement Deduction	0	0
Cash collateral on deposit with derivative counterparties	0	0
Derivative Liability, Fair Value, Offset Against Collateral, Net of Not Subject to Master Netting Arrangement, Policy Election	(3,000,000)	(7,000,000)
Derivative Assets (Liabilities), at Fair Value, Net	12,000,000	(6,000,000)
Net Derivative (Asset) Liability, Not Subject to Master Netting Arrangement Deduction	0	0
Derivative, Collateral, Obligation to Return Cash (Right to Reclaim Cash)	0	0
Net Derivative Asset (Liability), Fair Value, Offset Against Collateral, Net of Not Subject to Master Netting Arrangement, Policy Election	$ 12,000,000	$ (6,000,000)

Noncontrolling Interest (Detail

Noncontrolling Interest (Details) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2021USD ($)T	Sep. 30, 2020USD ($)	Sep. 30, 2021USD ($)T	Sep. 30, 2020USD ($)	Feb. 01, 2016
Noncontrolling interest
Noncontrolling Interest, Decrease from Distributions to Noncontrolling Interest Holders | $	$ 130	$ 86	$ 194	$ 174
CF Industries Nitrogen, LLC
Noncontrolling interest
Maximum Annual Granular Urea Tons Eligible for Purchase | T	1,100,000		1,100,000
Maximum Annual UAN Tons Eligible for Purchase | T	580,000		580,000
Noncontrolling Interest, Decrease from Distributions to Noncontrolling Interest Holders | $			$ 194	$ 174
CHS Inc. | CF Industries Nitrogen, LLC
Noncontrolling interest
Percentage of ownership interest held by outside investors					11.00%

Noncontrolling Interest (Deta_2

Noncontrolling Interest (Details 2) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Noncontrolling interest
Beginning balance			$ 2,681
Earnings attributable to noncontrolling interests	$ 94	$ 32	189	$ 83
Distributions declared to noncontrolling interest	(130)	(86)	(194)	(174)
Ending balance	2,676		2,676
CF Industries Nitrogen, LLC
Noncontrolling interest
Beginning balance			2,681	2,740
Earnings attributable to noncontrolling interests			189	83
Distributions declared to noncontrolling interest			(194)	(174)
Ending balance	2,676	2,649	2,676	2,649
Distributions payable to noncontrolling interests:
Beginning balance			0	0
Declaration of distributions payable			194	174
Distributions to noncontrolling interest			(194)	(174)
Ending balance	$ 0	$ 0	$ 0	$ 0

Stockholders' Equity (Details)

Stockholders' Equity (Details) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020
Changes to accumulated other comprehensive income (loss)
Balance at the beginning of the period	$ (320)
Balance at the end of the period	(316)
Foreign Currency Translation Adjustment
Changes to accumulated other comprehensive income (loss)
Balance at the beginning of the period	(144)	$ (188)
Reclassification from Accumulated Other Comprehensive Income, Current Period, before Tax	0	0
Effect of exchange rate changes and deferred taxes	(2)	(30)
Balance at the end of the period	(146)	(218)
Other Comprehensive Income Pension and Other Postretirement Benefit Plans Arising During Period Before Tax	0	0
Unrealized Gain on Derivatives
Changes to accumulated other comprehensive income (loss)
Balance at the beginning of the period	4	5
Reclassification from Accumulated Other Comprehensive Income, Current Period, before Tax	0	0
Effect of exchange rate changes and deferred taxes	0	0
Balance at the end of the period	4	5
Other Comprehensive Income Pension and Other Postretirement Benefit Plans Arising During Period Before Tax	0	0
Defined Benefit Plans
Changes to accumulated other comprehensive income (loss)
Balance at the beginning of the period	(180)	(183)
Reclassification from Accumulated Other Comprehensive Income, Current Period, before Tax	9	5
Effect of exchange rate changes and deferred taxes	1	2
Balance at the end of the period	(174)	(175)
Other Comprehensive Income Pension and Other Postretirement Benefit Plans Arising During Period Before Tax	(4)	1
Accumulated Other Comprehensive Loss
Changes to accumulated other comprehensive income (loss)
Balance at the beginning of the period		(366)
Reclassification from Accumulated Other Comprehensive Income, Current Period, before Tax	(9)	(5)
Effect of exchange rate changes and deferred taxes	(1)	(28)
Balance at the end of the period	(316)	(388)
Other Comprehensive Income Pension and Other Postretirement Benefit Plans Arising During Period Before Tax	$ (4)	$ 1

Stockholders' Equity (Details 2

Stockholders' Equity (Details 2) - USD ($) shares in Millions, $ in Millions	3 Months Ended		12 Months Ended	33 Months Ended
	Sep. 30, 2021	Mar. 31, 2020	Dec. 31, 2019	Sep. 30, 2021	Feb. 13, 2019
Equity [Abstract]
Stock Repurchase Program, Authorized Amount					$ 1,000
Stock Repurchased and Retired During Period, Shares	1.1	2.6	7.6	11.3
Stock Repurchased and Retired During Period, Value	$ 50	$ 100	$ 337	$ 487

Contingencies (Details)

Contingencies (Details) $ in Millions	Apr. 17, 2015EntityInsurance_companyPeoplePlaintiff	Apr. 17, 2013People	Mar. 31, 2016mineprocessingFacility	Sep. 30, 2021USD ($)
Loss Contingencies [Line Items]
Loss contingency, number of processing facilities | processingFacility			3
Pending Litigation
Loss Contingencies [Line Items]
Number of people killed		15
Number of people injured		200
Number of plaintiffs | Plaintiff	400
Number of entities that filed claims | Entity	9
Number of people that filed claims	325
Number of insurance companies that filed claims | Insurance_company	80
Loss Contingency, Estimate of Possible Loss | $				$ 37
IDAHO
Loss Contingencies [Line Items]
Loss contingency, number of mines | mine			18

Segment Disclosures (Details)

Segment Disclosures (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Segment data
Net sales	$ 1,362	$ 847	$ 3,998	$ 3,022
Cost of sales	922	764	2,766	2,401
Gross margin	440	83	1,232	621
Total other operating costs and expenses	552	45	669	162
Equity in earnings of operating affiliate	15	2	37	8
Operating (loss) earnings	(97)	40	600	467
Impairment charges	495		495
Goodwill impairment	259	0	259	0
Winter Storm Uri
Segment data
Net sales			68
Gain on sale of derivatives	0	0	112	0
Ammonia
Segment data
Net sales	344	165	1,009	722
Goodwill impairment			4
Granular Urea
Segment data
Net sales	386	249	1,218	915
Goodwill impairment			0
UAN
Segment data
Net sales	390	248	1,056	791
Goodwill impairment			0
AN
Segment data
Net sales	118	109	359	343
Goodwill impairment			233
Other
Segment data
Goodwill impairment			22
Operating Segments | Ammonia
Segment data
Net sales	344	165	1,009	722
Cost of sales	262	174	675	609
Gross margin	82	(9)	334	113
Operating Segments | Granular Urea
Segment data
Net sales	386	249	1,218	915
Cost of sales	200	183	705	612
Gross margin	186	66	513	303
Operating Segments | UAN
Segment data
Net sales	390	248	1,056	791
Cost of sales	233	237	759	675
Gross margin	157	11	297	116
Operating Segments | AN
Segment data
Net sales	118	109	359	343
Cost of sales	122	96	337	290
Gross margin	(4)	13	22	53
Operating Segments | Other
Segment data
Net sales	124	76	356	251
Cost of sales	105	74	290	215
Gross margin	$ 19	$ 2	$ 66	$ 36

Subsequent Event (Details)

Subsequent Event (Details) - USD ($) $ in Millions	Nov. 03, 2021	Feb. 13, 2019
Subsequent Event [Line Items]
Stock Repurchase Program, Authorized Amount		$ 1,000
Subsequent Event
Subsequent Event [Line Items]
Stock Repurchase Program, Authorized Amount	$ 1,500