Company: CF
Filing Date: 2025-05-08
Form Type: 10-Q
Source: 0001324404-25-000015
Chunk: 48

Company: CF Industries Holdings, Inc.
Filing Date: 2025-05-08
Form: 10-Q
Item: Part I, Item 1
Chunk 48
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INGS, INC. 

4.   Net Earnings Per Share

Net earnings per share were computed as follows: Three months ended  March 31, 20252024 (in millions, except per share amounts)Net earnings attributable to common stockholders$312 $194 Basic earnings per common share:  Weighted-average common shares outstanding168.6 187.6 Net earnings attributable to common stockholders$1.85 $1.03 Diluted earnings per common share:  Weighted-average common shares outstanding168.6 187.6 Dilutive common shares—stock-based awards0.2 0.5 Diluted weighted-average common shares outstanding168.8 188.1 Net earnings attributable to common stockholders$1.85 $1.03 Diluted earnings per common 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 zero in both the three months ended March 31, 2025 and 2024.

5.   Inventories

Inventories consist of the following:  March 31,  2025December 31,  2024 (in millions)Finished goods$301 $263 Raw materials, spare parts and supplies50 51 Total inventories$351 $314 

6.   Property, Plant and Equipment—Net 

Property, plant and equipment—net consists of the following:  March 31,  2025December 31,  2024 (in millions)Land$108 $114 Machinery and equipment13,598 13,801 Buildings and improvements1,016 1,011 Construction in progress556 482 Property, plant and equipment(1)15,278 15,408 Less: Accumulated depreciation and amortization8,675 8,673 Property, plant and equipment—net$6,603 $6,735 _______________________________________________________________________________(1)As of March 31, 2025 and December 31, 2024, we had property, plant and equipment that was accrued but unpaid