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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (date of earliest event reported): April 27, 2000
Commission File Number: 1-9759
IMC Global Inc.
Salary Reduction Plan for Hourly Employees of
IMC Global Operations Inc. Represented by United Steelworkers of America at
Carlsbad, New Mexico
(Exact name of Registrant as specified in its charter)
Delaware 36-3513204
(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification No.)
2100 Sanders Road
Northbrook, Illinois 60062
(847) 272-9200
(Address and telephone number, including area code, of registrant's
principal executive offices)
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Item 4.Changes in Registrant's Certifying Accountants.
On April 25, 2000, IMC Global Inc. engaged Hill, Taylor LLP as
independent auditors of the Salary Reduction Plan for Hourly
Employees of IMC Global Operations Inc. Represented by United
Steelworkers of America at Carlsbad, New Mexico (Plan) for the
fiscal year ending December 31, 1999 and dismissed the firm of
Ernst & Young LLP as auditors of the plan effective April 25, 2000.
The reports of Ernst & Young LLP on the Plan's financial statements
for the year ended December 31, 1998, the six months ended December
31, 1997 and the year ended June 30, 1997 did not contain an
adverse opinion or a disclaimer of opinion and were not qualified
or modified as to uncertainty, audit scope, or accounting
principles.
In connection with the audits of the Plan's financial statements
for the year ended December 31, 1998, the six months ended December
31, 1997 and the year ended June 30, 1997, and in the subsequent
interim period, there were no disagreements with Ernst & Young LLP
on any matters of accounting principles or practices, financial
statement disclosure, or auditing scope or procedure which, if not
resolved to the satisfaction of Ernst & Young LLP, would have
caused Ernst & Young LLP to make reference to the matter in its
report.
The Company has requested Ernst & Young LLP to furnish it a letter
addressed to the Commission stating whether it agrees with the
above statements. A copy of that letter, dated April 27, 2000 is
filed as Exhibit 16 to this Form 8-K.
Item 7.Financial Statements and Exhibits.
(c) Exhibits
Number
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16 Letter re: Change in Certifying Accountant
SIGNATURES
Pursuant to the requirements of the Securities and Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by
the undersigned, thereunto duly authorized.
SALARY REDUCTION PLAN FOR
HOURLY EMPLOYEES OF IMC GLOBAL
OPERATIONS INC. REPRESENTED BY
UNITED STEELWORKERS OF AMERICA
AT CARLSBAD, NEW MEXICO
/s/ J. Bradford James
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J. Bradford James
Chairman of Employee Benefits
Committee
Date: April 27, 2000
Exhibit 16
April 27, 2000
Securities and Exchange Commission
450 Fifth Street N.W.
Washington, D.C. 20549
Re: The Salary Reduction Plan for Hourly Employees of IMC Global
Operations Inc. Represented by United Steelworkers of
America at Carlsbad, New Mexico
File No. 1-9759
Dear Sir or Madam:
We have read Item 4 of the Form 8-K dated April 27, 2000 of IMC
Global Inc. for the Salary Reduction Plan for Hourly Employees of
IMC Global Operations Inc. Represented by United Steelworkers of
America at Carlsbad, New Mexico and are in agreement with the
statements contained in the second and third paragraph therein.
We have no basis to agree or disagree with other statements of
the registrant contained therein.
Very truly yours,
/s/ Ernst & Young LLP
Chicago, Illinois
