Stock Analysis on Net
Stock Analysis on Net

Mosaic Co. (NYSE:MOS)

This company has been moved to the archive! The financial data has not been updated since August 2, 2022.

Adjustments to Financial Statements

Microsoft Excel

Adjustments to Current Assets

Mosaic Co., adjusted current assets

US$ in thousands

Microsoft Excel
Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017
As Reported
Current assets 5,325,300 3,521,200 3,718,200 4,237,000 4,616,500
Adjustments
Add: Allowance for doubtful accounts 500 400 3,500 1,300 2,300
After Adjustment
Adjusted current assets 5,325,800 3,521,600 3,721,700 4,238,300 4,618,800

Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31).

Adjustments to Total Assets

Mosaic Co., adjusted total assets

US$ in thousands

Microsoft Excel
Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017
As Reported
Total assets 22,036,400 19,789,800 19,298,500 20,119,200 18,633,400
Adjustments
Add: Operating lease right-of-use asset (before adoption of FASB Topic 842)1 — — — 284,431 265,706
Add: Allowance for doubtful accounts 500 400 3,500 1,300 2,300
Less: Deferred tax assets2 997,100 1,179,400 515,400 343,800 254,600
After Adjustment
Adjusted total assets 21,039,800 18,610,800 18,786,600 20,061,131 18,646,806

Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31).

1 Operating lease right-of-use asset (before adoption of FASB Topic 842). See details »

2 Deferred tax assets. See details »

Adjustments to Total Liabilities

Mosaic Co., adjusted total liabilities

US$ in thousands

Microsoft Excel
Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017
As Reported
Total liabilities 11,287,900 10,034,600 9,930,900 9,514,500 8,994,300
Adjustments
Add: Operating lease liability (before adoption of FASB Topic 842)1 — — — 284,431 265,706
Less: Deferred tax liabilities2 1,016,200 1,060,800 1,040,700 1,080,600 1,117,300
After Adjustment
Adjusted total liabilities 10,271,700 8,973,800 8,890,200 8,718,331 8,142,706

Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31).

1 Operating lease liability (before adoption of FASB Topic 842). See details »

2 Deferred tax liabilities. See details »

Adjustments to Stockholders’ Equity

Mosaic Co., adjusted total Mosaic stockholders’ equity

US$ in thousands

Microsoft Excel
Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017
As Reported
Total Mosaic stockholders’ equity 10,604,100 9,581,400 9,185,500 10,397,300 9,617,500
Adjustments
Less: Net deferred tax assets (liabilities)1 (19,100) 118,600 (525,300) (736,800) (862,700)
Add: Allowance for doubtful accounts 500 400 3,500 1,300 2,300
Add: Non-controlling interests 144,400 173,800 182,100 207,400 21,600
After Adjustment
Adjusted total equity 10,768,100 9,637,000 9,896,400 11,342,800 10,504,100

Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31).

1 Net deferred tax assets (liabilities). See details »

Adjustments to Capitalization Table

Mosaic Co., adjusted capitalization table

US$ in thousands

Microsoft Excel
Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017
As Reported
Short-term debt 302,800 100 41,600 11,500 6,100
Current maturities of long-term debt 596,600 504,200 47,200 26,000 343,500
Structured accounts payable arrangements 743,700 640,000 740,600 572,800 386,200
Long-term debt, less current maturities 3,382,200 4,073,800 4,525,500 4,491,500 4,878,100
Total reported debt 5,025,300 5,218,100 5,354,900 5,101,800 5,613,900
Total Mosaic stockholders’ equity 10,604,100 9,581,400 9,185,500 10,397,300 9,617,500
Total reported capital 15,629,400 14,799,500 14,540,400 15,499,100 15,231,400
Adjustments to Debt
Add: Operating lease liability (before adoption of FASB Topic 842)1 — — — 284,431 265,706
Add: Short-term operating lease obligation2 59,700 64,000 67,100 — —
Add: Long-term operating lease obligation3 64,300 109,600 127,000 — —
Adjusted total debt 5,149,300 5,391,700 5,549,000 5,386,231 5,879,606
Adjustments to Equity
Less: Net deferred tax assets (liabilities)4 (19,100) 118,600 (525,300) (736,800) (862,700)
Add: Allowance for doubtful accounts 500 400 3,500 1,300 2,300
Add: Non-controlling interests 144,400 173,800 182,100 207,400 21,600
Adjusted total equity 10,768,100 9,637,000 9,896,400 11,342,800 10,504,100
After Adjustment
Adjusted total capital 15,917,400 15,028,700 15,445,400 16,729,031 16,383,706

Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31).

1 Operating lease liability (before adoption of FASB Topic 842). See details »

2 Short-term operating lease obligation. See details »

3 Long-term operating lease obligation. See details »

4 Net deferred tax assets (liabilities). See details »

Adjustments to Reported Income

Mosaic Co., adjusted net earnings (loss) attributable to Mosaic

US$ in thousands

Microsoft Excel
12 months ended: Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017
As Reported
Net earnings (loss) attributable to Mosaic 1,630,600 666,100 (1,067,400) 470,000 (107,200)
Adjustments
Add: Deferred income tax expense (benefit)1 107,900 (675,400) (263,100) (96,400) 616,600
Add: Increase (decrease) in allowance for doubtful accounts 100 (3,100) 2,200 (1,000) (400)
Add: Other comprehensive income (loss), net of tax (87,400) (215,200) 57,700 (600,700) 250,200
Add: Comprehensive income (loss), net of tax, attributable to noncontrolling interest 2,500 (7,700) (24,600) (5,300) 2,600
After Adjustment
Adjusted net earnings (loss) including noncontrolling interests 1,653,700 (235,300) (1,295,200) (233,400) 761,800

Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31).

1 Deferred income tax expense (benefit). See details »