2019 Integrated Report
Sharing innovative ideas among our employees. Ensuring safe, efficient and profitable operations. Helping farmers adopt the most effective nutrient stewardship practices. CF Industries is committed to championing the best ways to feed the world in the most responsible manner and creating long-term value for our shareholders.
How We
Performed
in 2019
Net earnings attributable to common stockholders $1.6B(1)
Adjusted EBITDA $1.5B
Net cash provided by
operating activities $915M(2)
Free cash flow
Year-end 12 month rolling average recordable incident rate 10.25M tons
Gross ammonia production 19.5M tons
Sales volume
CO2 emissions intensity (tonne of CO2/tonne of production 32.58
Natural gas intensity (MMBTus/tonne of production) 60,420
Water consumption (megaliters)
About CF Industries
CF Industries is a leading global manufacturer and distributor of nitrogen products for fertilizer, emissions abatement and other industrial applications. We operate manufacturing complexes in the United States, Canada and the United Kingdom, which are among the most cost-advantaged, efficient and flexible in the world, and an unparalleled storage, transportation and distribution network in North America. Our 3,000 employees focus on safe and reliable operations, environmental stewardship, and disciplined capital and corporate management, driving our strategy to leverage and sustainably grow the world’s most advantaged nitrogen and chemicals platform to serve customers, creating long-term shareholder value. CF Industries routinely posts investor announcements and additional information on the company’s website at www.cfindustries.com and encourages those interested in the company to check there frequently.
- EBITDA is defined as net earnings attributable to common stockholders plus interest expense — net, income taxes and depreciation and amortization. See reconciliations of EBITDA and adjusted EBITDA to the most directly comparable GAAP measures under “Reconciliation of Non-GAAP Financial Measures”.
- Free cash flow is defined as net cash from operating activities less capital expenditures and distributions to noncontrolling interests. See reconciliation of free cash flow to the most directly comparable GAAP measure under “Reconciliation of Non-GAAP Financial Measures”.