Cover and table of contents

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Cover and table of contents

10-K 1 cf-12312016x10k.htm 10-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-K
(Mark One)
ýANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
For the fiscal year ended December 31, 2016
OR
oTRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

Commission file number 001-32597

CF INDUSTRIES HOLDINGS, INC.

(Exact name of Registrant as specified in its charter)

Delaware20-2697511
(State or other jurisdiction of incorporation or organization)(I.R.S. Employer Identification No.)
4 Parkway North, Suite 400, Deerfield, Illinois60015
(Address of principal executive offices)(Zip Code)
Registrant's telephone number, including area code (847) 405-2400
Securities registered pursuant to Section 12(b) of the Act:
Title of each className of each exchange on which registered
Common Stock, $0.01 par value per share Preferred Stock Purchase RightsNew York Stock Exchange

Securities Registered Pursuant to Section 12(g) of the Act: None

Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes ý No o

Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. Yes o No ý

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ý No o

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). Yes ý No o

Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K is not contained herein and will not be contained, to the best of registrant's knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form 10-K or any amendment to this Form 10-K. o

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of "large accelerated filer," "accelerated filer" and "smaller reporting company" in Rule 12b-2 of the Exchange Act. (Check one):

Large accelerated filer ýAccelerated filer oNon-accelerated filer oSmaller reporting company o

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act). Yes o No ý

The aggregate market value of the registrant's common stock held by non-affiliates was $5,597,334,751 based on the closing sale price of common stock on June 30, 2016.

233,114,691 shares of the registrant's common stock, $0.01 par value per share, were outstanding as of January 31, 2017.

DOCUMENTS INCORPORATED BY REFERENCE

Portions of the registrant's definitive proxy statement for its 2017 annual meeting of stockholders (Proxy Statement) are incorporated herein by reference into Part III of this Annual Report on Form 10-K. The Proxy Statement will be filed with the Securities and Exchange Commission, pursuant to Regulation 14A, not later than 120 days after the end of the 2016 fiscal year, or, if we do not file the Proxy Statement within such 120-day period, we will amend this Annual Report on Form 10-K to include the information required under Part III hereof not later than the end of such 120-day period.

CF INDUSTRIES HOLDINGS, INC.

TABLE OF CONTENTS

PART I
Item 1.Business1
Item 1A.Risk Factors11
Item 1B.Unresolved Staff Comments26
Item 2.Properties26
Item 3.Legal Proceedings26
Item 4.Mine Safety Disclosures27
PART II
Item 5.Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities28
Item 6.Selected Financial Data29
Item 7.Management's Discussion and Analysis of Financial Condition and Results of Operations31
Item 7A.Quantitative and Qualitative Disclosures About Market Risk75
Item 8.Financial Statements and Supplementary Data76
Report of Independent Registered Public Accounting Firm76
Consolidated Statements of Operations77
Consolidated Statements of Comprehensive (Loss) Income78
Consolidated Balance Sheets79
Consolidated Statements of Equity80
Consolidated Statements of Cash Flows81
Notes to Consolidated Financial Statements82
Item 9.Changes in and Disagreements with Accountants on Accounting and Financial Disclosure146
Item 9A.Controls and Procedures146
Item 9B.Other Information148
PART III
Item 10.Directors, Executive Officers and Corporate Governance148
Item 11.Executive Compensation148
Item 12.Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters148
Item 13.Certain Relationships and Related Transactions, and Director Independence149
Item 14.Principal Accountant Fees and Services149
PART IV
Item 15.Exhibits and Financial Statement Schedules149
Item 16.Form 10-K Summary150

CF INDUSTRIES HOLDINGS, INC.

PART I

Next: Item 1. BUSINESS.