MOSAIC CO

Other operating expenses were $393.5 million for the year ended December 31, 2024, compared to $372.0 million for the prior year period. Other operating expenses typically relate to five major categories: (1) AROs, (2) environmental and legal reserves, (3) idle facility costs, (4) insurance reimbursements, and (5) gain/loss on sale or disposal of fixed assets. The change from the prior year was primarily due to an arbitration reserve of approximately $52 million in the current year. Other operating expense was also impacted by lower estimated closure costs for our asset retirement obligations (“AROs”) at our closed facilities, which were approximately $53 million lower than the prior year. In addition, environmental reserves in our Phosphates segment were lower compared to the prior year by approximately $13 million. The prior year included a gain on the sale of the Streamsong Resort of approximately $57 million.