8 unchanged sentences
Mosaic hedges cash flows on a declining basis, up to 18 months for the Canadian dollar and up to 12 months for the Brazilian real.
−Removed: As of June 30, 2022, and December 31, 2021, the fair value of our major foreign currency exchange contracts was $25.1 million and $(18.6) million, respectively.
+Added: As of September 30, 2022, and December 31, 2021, the fair value of our major foreign currency exchange contracts was $(60.7) million and $(18.6) million, respectively.
The table below provides information about Mosaic’s significant foreign exchange derivatives.
−Removed: (in millions US$) As of June 30, 2022 As of December 31, 2021
+Added: (in millions US$) As of September 30, 2022 As of December 31, 2021
Expected Maturity Date Fair Value Expected Maturity Date Fair Value
28 unchanged sentences
dollar 81.1210 81.1375 — — 75.7627 — —
+Added: Notional (million US$) - long Indian rupee $ — $ 40.2 $ — $ — $ — $ — $ —
+Added: Weighted Average Rate - Indian rupee to U.S.
+Added: dollar — 81.9971 — — — — —
China Renminbi $ 9.3 $ (0.5)
2 unchanged sentences
dollar 6.4742 6.7674 — — 6.4750 — —
+Added: Notional (million US$) - long China renminbi $ 29.9 $ — $ — $ — — — —
+Added: Weighted Average Rate - China renminbi to U.S.
+Added: dollar 6.7495 — — — — — —
Total Fair Value $ (60.7) $ (18.6)
−Removed: Further information regarding foreign currency exchange rates and derivatives is included in Management’s Discussion and Analysis of Financial Condition and Results of Operations in our 10-K Report and Note 11 to the Condensed Consolidated
−Removed: Financial Statements in this report.
−Removed: As of June 30, 2022, and December 31, 2021, the fair value of our natural gas commodities contracts was $37.7 million and $18.8 million, respectively.
+Added: Further information regarding foreign currency exchange rates and derivatives is included in Management’s Discussion and Analysis of Financial Condition and Results of Operations in our 10-K Report and Note 12 to the Condensed Consolidated Financial Statements in this report.
+Added: As of September 30, 2022, and December 31, 2021, the fair value of our natural gas commodities contracts was $42.0 million and $18.8 million, respectively.
The table below provides information about our natural gas derivatives which are used to manage the risk related to significant price changes in natural gas.
−Removed: (in millions) As of June 30, 2022 As of December 31, 2021
+Added: (in millions) As of September 30, 2022 As of December 31, 2021
Expected Maturity Date Expected Maturity Date
7 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.