CF · 10-Q · 2026Q2 · Full report

Litigation Settlement Gain

CF Industries Holdings, Inc. · 2026-08-06 · Importance 53 · Surprise 60 · Matches filing data

In March 2026, CF Industries subsidiaries settled litigation with Orica International, other Orica affiliates and Nelson Brothers entities. Orica agreed to pay approximately $170 million in cash and the settlement terminated the parties’ AN purchase agreements entered into in February 2014. CF Industries recognized a $170 million litigation settlement gain in the first quarter of 2026 and received the cash payment on April 30, 2026.

Key facts

• In March 2026 CF Industries Sales, LLC and CF Industries Nitrogen, LLC signed an agreement to settle litigation with Orica and Nelson Brothers under which Orica agreed to pay approximately $170 million in cash and issued a press release confirming the settlement terms and Orica’s funding source. source
• Upon execution of the settlement agreement CF Industries recognized a gain of approximately $170 million in the first quarter of 2026 and received the cash payment from Orica on April 30, 2026. source
• The increase in cash flow from operations includes $170 million of litigation settlement proceeds and $50 million of insurance proceeds received for business interruption related to our idled Yazoo City complex. source
• Litigation settlement gain in first six months of 2026: approximately $170 million recognized as gain settled during first quarter of 2026. source

Impact estimates