Company: CF
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001324404-25-000024
Chunk: 77

Company: CF Industries Holdings, Inc.
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 1
Chunk 77
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 and amortization(2)72 68 145 137 Distribution and storage(3)25 18 38 32 Freight(4)35 38 71 73 Other segment items(5)117 90 218 187 Total cost of sales340 259 668 541 Gross margin$270 $216 $412 $359 ANNet sales$117 $98 $218 $212 Cost of sales:Natural gas, including the impact of realized derivatives(1)14 5 24 16 Unrealized net mark-to-market gain on natural gas derivatives— — — (1)Depreciation and amortization(2)10 7 18 20 Freight(4)9 6 16 14 Other segment items(5)59 57 119 131 Total cost of sales92 75 177 180 Gross margin$25 $23 $41 $32 Other(6)Net sales$125 $133 $258 $255 Cost of sales:Natural gas, including the impact of realized derivatives(1)12 8 27 19 Unrealized net mark-to-market gain on natural gas derivatives— (1)— (2)Depreciation and amortization(2)17 13 30 33 Distribution and storage(3)2 1 2 1 Freight(4)14 15 30 29 Other segment items(5)35 31 69 71 Total cost of sales80 67 158 151 Gross margin$45 $66 $100 $104 

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Table of ContentsCF INDUSTRIES HOLDINGS, INC. 

Three months ended  June 30,Six months ended  June 30, 2025202420252024 (in millions)ConsolidatedNet sales$1,890 $1,572 $3,553 $3,042 Cost of sales:Natural gas, including the impact of realized derivatives(1)308 166 642 427 Unrealized net mark-to-market (gain) loss on natural gas derivatives— (1)2 (34)Depreciation and amortization(2)231 221 451 471 Distribution and storage(3)87 66 140 117 Freight(