$NTR

Nutrien Ltd.

CIK:0001725964|SEC Filings

Consolidated Statements of Earnings - USD ($) $ in Millions	12 Months Ended
Consolidated Statements of Earnings - USD ($) $ in Millions	Dec. 31, 2025	Dec. 31, 2024
Income Statement [Abstract]
GROSS MARGIN	$ 8,347	$ 7,530
SALES (Note 3)	26,885	25,972
Freight, transportation and distribution (Note 4)	936	956
Cost of goods sold (Note 4)	17,602	17,486
Other expenses (income) (Note 6)	448	413
EARNINGS BEFORE FINANCE COSTS AND INCOME TAXES	3,736	1,856
Finance costs (Note 7)	687	720
EARNINGS BEFORE INCOME TAXES	3,049	1,136
Income tax (recovery) expense (Note 8)	752	436
NET EARNINGS	2,297	700
Profit (loss), attributable to owners of parent	2,267	674
Profit (loss), attributable to non-controlling interests	$ 30	$ 26
NET EARNINGS (LOSS) PER SHARE FROM CONTINUING OPERATIONS (Note 9)
Basic earnings (loss) per share	$ 4.66	$ 1.36
Diluted earnings (loss) per share	$ 4.66	$ 1.36
Weighted average shares outstanding for basic EPS (Note 9)	486,335,000	494,198,000
Weighted average shares outstanding for diluted EPS (Note 9)	486,518,000	494,365,000
Profit (loss)	$ 2,297	$ 700
Profit (loss), attributable to owners of parent	2,267	674
Profit (loss), attributable to non-controlling interests	30	26
Selling expenses (Note 4)	3,320	3,435
General and administrative expenses (Note 4)	600	644
Provincial Mining Taxes Expense	372	255
Impairment (Reversal of impairment) of assets	0	530
Expense from share-based payment transactions with employees	(163)	(37)
Gain on disposal of Investment	$ (301)	$ 0

Consolidated Statements of Cash Flows - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024
OPERATING ACTIVITIES
CASH PROVIDED BY OPERATING ACTIVITIES	$ 4,007	$ 3,535
Cash from operations before working capital changes	4,790	4,022
Net earnings	2,297	700
Depreciation and amortization	2,369	2,339
Share-based compensation (Note 5)	163	37
(Recovery of) provision for deferred income tax	250	31
Other long-term assets, liabilities and miscellaneous (Note 16)	12	311
(Reversal of) impairment of assets	0	530
Adjustments For Undistributed Profits Of Investments Accounted For Using Equity Method Net Of Dividends	65	(8)
Loss related to Financial Instruments in Argentina	0	35
Long-term income tax receivable and payables	(65)	47
Loss on Sale of Investment	(301)	0
Receivables	(128)	(224)
Payables and accrued charges	(98)	(323)
Adjustments for Decrease Increase in Inventories, Prepaid Expenses and Other Current Assets	(557)	60
INVESTING ACTIVITIES
CASH USED IN INVESTING ACTIVITIES	(1,372)	(2,133)
Capital Expenditure	2,005	2,154
Additions to intangible assets	123	129
Purchase of property, plant and equipment, classified as investing activities	1,882	2,025
Business acquisitions, net of cash acquired (Note 25)	(23)	(21)
Proceeds from disposal of investment in MOPCO (Note 15)	(838)	(138)
Other	(61)	(55)
Net Changes In Non Cash Working Capital	6	27
Purchase of Proceeds from Investments Held within three months	33	44
Purchase of Investment	94	112
FINANCING ACTIVITIES
CASH USED IN FINANCING ACTIVITIES	(2,817)	(1,453)
(Repayment of) proceeds from short-term debt, net (Note 17)	(696)	(142)
Proceeds from long-term debt (Note 18)	998	1,022
Repayment of long-term debt (Note 18)	(1,089)	(659)
Repayment of principal portion of lease liabilities (Note 18, 19)	(419)	(402)
Dividends paid (Note 23)	(1,061)	(1,060)
Repurchase of common shares (Note 23)	(551)	(184)
Issuance of common shares (Note 23)	38	18
Other financing activities	(37)	(46)
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS	30	(37)
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	(152)	(88)
CASH AND CASH EQUIVALENTS - BEGINNING OF YEAR	853	941
CASH AND CASH EQUIVALENTS - END OF YEAR	701	853
Cash and cash equivalents comprised of:
Cash	566	741
Short-term investments	135	112
Cash and Cash equivalents total	701	853
SUPPLEMENTAL CASH FLOWS DISCLOSURES
Interest paid	738	740
Income taxes paid	335	321
Total cash outflow for leases	$ 567	$ 558

Consolidated Balance Sheets - USD ($) $ in Millions	Dec. 31, 2025	Dec. 31, 2024
Current assets
Cash and cash equivalents	$ 701	$ 853
Receivables (Note 11)	5,675	5,390
Inventories (Note 12)	6,977	6,148
Prepaid expenses and other current assets	1,396	1,401
Current assets	14,749	13,792
Non-current assets
Goodwill (Note 14)	12,136	12,043
Other intangible assets (Note 14)	1,667	1,819
Other assets (Note 16)	858	884
TOTAL ASSETS	52,301	51,840
Property, plant and equipment including right of use assets	22,747	22,604
Investments accounted for using equity method and in subsidiaries joint ventures and associates	144	698
Current liabilities
Short-term debt (Note 17)	873	1,534
Current portion of long-term debt (Note 18)	513	1,037
Payables and accrued charges (Note 20)	9,309	9,118
Current portion of lease liabilities	346	356
Current liabilities	11,041	12,045
Non-current liabilities
Long-term debt (Note 18)	9,350	8,881
Lease liabilities - non-current	937	999
Deferred income tax liabilities (Note 8)	3,666	3,539
Pension and other post-retirement benefit liabilities (Note 21)	221	227
Asset retirement obligations and accrued environmental costs (Note 22)	1,468	1,543
Other non-current liabilities	253	164
TOTAL LIABILITIES	26,936	27,398
SHAREHOLDERS' EQUITY
Share capital (Note 23)	13,519	13,748
Contributed surplus	57	68
Accumulated other comprehensive loss	(329)	(515)
Retained earnings	12,076	11,106
TOTAL SHAREHOLDERS' EQUITY	25,365	24,442
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	52,301	51,840
Non-controlling interests	42	35
Equity attributable to owners of parent	$ 25,323	$ 24,407