All references to "CF Holdings," "the Company," "we," "us" and "our" refer
to CF Industries Holdings, Inc. and its subsidiaries, except where the context
makes clear that the reference is only to CF Holdings itself and not its
subsidiaries. Notes referenced throughout this document refer to financial
statement footnote disclosures that are found in Item 8. Financial Statements
and Supplementary Data, Notes to Consolidated Financial Statements.
We are one of the largest manufacturers and distributors of nitrogen and
phosphate fertilizer products in the world. Our operations are organized into
two business segments�the nitrogen segment and the phosphate segment. Our
principal customers are cooperatives and independent fertilizer distributors.
Our principal fertilizer products in the nitrogen segment are ammonia, granular
urea, urea ammonium nitrate solution, or UAN, and ammonium nitrate, or AN.