10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0000764065-15-000068 |
| Period End Date | 20150331 |
| Filing Date | 20150506 |
| Fiscal Year | 2015 |
| Fiscal Period | Q1 |
| XBRL Instance | clf-20150331.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
87 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$364.00M | USD | Point-in-time |
| Preferred stock, par value |
PreferredStockParOrStatedValuePerShare
|
- | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$355.70M | USD | Point-in-time |
| Preferred stock, par value |
PreferredStockParOrStatedValuePerShare
|
- | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$271.30M | USD | Point-in-time |
| Accounts receivable, net |
AccountsReceivableNetCurrent
|
$122.70M | USD | Point-in-time |
| Accounts receivable, net |
AccountsReceivableNetCurrent
|
$87.10M | USD | Point-in-time |
| Inventories |
InventoryNet
|
$408.50M | USD | Point-in-time |
| Inventories |
InventoryNet
|
$260.10M | USD | Point-in-time |
| Supplies and other inventories |
Supplies
|
$120.40M | USD | Point-in-time |
| Supplies and other inventories |
Supplies
|
$118.60M | USD | Point-in-time |
| Common shares, par value |
CommonStockParOrStatedValuePerShare
|
$0.12 | USD | Point-in-time |
| Common shares, par value |
CommonStockParOrStatedValuePerShare
|
$0.12 | USD | Point-in-time |
| Common shares, authorized (in shares) |
CommonStockSharesAuthorized
|
400.00M | shares | Point-in-time |
| Income tax receivable |
IncomeTaxesReceivable
|
$165.50M | USD | Point-in-time |
| Common shares, authorized (in shares) |
CommonStockSharesAuthorized
|
400.00M | shares | Point-in-time |
| Income tax receivable |
IncomeTaxesReceivable
|
$217.60M | USD | Point-in-time |
| Common shares, issued (in shares) |
CommonStockSharesIssued
|
159.55M | shares | Point-in-time |
| Short-term assets of discontinued operations |
AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent
|
$197.20M | USD | Point-in-time |
| Short-term assets of discontinued operations |
AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent
|
$330.60M | USD | Point-in-time |
| Common shares, issued (in shares) |
CommonStockSharesIssued
|
159.55M | shares | Point-in-time |
| Common shares, outstanding |
CommonStockSharesOutstanding
|
153.28M | shares | Point-in-time |
| Other current assets |
OtherAssetsCurrent
|
$190.00M | USD | Point-in-time |
| Common shares, outstanding |
CommonStockSharesOutstanding
|
153.25M | shares | Point-in-time |
| Other current assets |
OtherAssetsCurrent
|
$128.00M | USD | Point-in-time |
| Common shares in treasury |
TreasuryStockShares
|
6.27M | shares | Point-in-time |
| TOTAL CURRENT ASSETS |
AssetsCurrent
|
$1.45B | USD | Point-in-time |
| Common shares in treasury |
TreasuryStockShares
|
6.30M | shares | Point-in-time |
| TOTAL CURRENT ASSETS |
AssetsCurrent
|
$1.52B | USD | Point-in-time |
| PROPERTY, PLANT AND EQUIPMENT, NET |
PropertyPlantAndEquipmentNet
|
$1.05B | USD | Point-in-time |
| PROPERTY, PLANT AND EQUIPMENT, NET |
PropertyPlantAndEquipmentNet
|
$1.07B | USD | Point-in-time |
| Long-term assets of discontinued operations |
DisposalGroupIncludingDiscontinuedOperationAssetsNoncurrent
|
- | USD | Point-in-time |
| Long-term assets of discontinued operations |
DisposalGroupIncludingDiscontinuedOperationAssetsNoncurrent
|
$400.10M | USD | Point-in-time |
| Other Non-Current Assets |
OtherAssetsNoncurrent
|
$244.50M | USD | Point-in-time |
| Other Non-Current Assets |
OtherAssetsNoncurrent
|
$131.00M | USD | Point-in-time |
| TOTAL OTHER ASSETS |
TotalOtherAssets
|
$644.60M | USD | Point-in-time |
| TOTAL OTHER ASSETS |
TotalOtherAssets
|
$131.00M | USD | Point-in-time |
| TOTAL ASSETS |
Assets
|
$3.16B | USD | Point-in-time |
| TOTAL ASSETS |
Assets
|
$2.70B | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$114.30M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$166.10M | USD | Point-in-time |
| Accrued expenses |
AccruedLiabilitiesCurrent
|
$201.70M | USD | Point-in-time |
| Accrued expenses |
AccruedLiabilitiesCurrent
|
$167.10M | USD | Point-in-time |
| Short-term liabilities of discontinued operations |
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent
|
$265.00M | USD | Point-in-time |
| Short-term liabilities of discontinued operations |
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent
|
$400.60M | USD | Point-in-time |
| Other current liabilities |
OtherLiabilitiesCurrent
|
$190.20M | USD | Point-in-time |
| Other current liabilities |
OtherLiabilitiesCurrent
|
$300.10M | USD | Point-in-time |
| TOTAL CURRENT LIABILITIES |
LiabilitiesCurrent
|
$958.60M | USD | Point-in-time |
| TOTAL CURRENT LIABILITIES |
LiabilitiesCurrent
|
$846.50M | USD | Point-in-time |
| PENSION AND POSTEMPLOYMENT BENEFIT LIABILITIES |
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
|
$259.70M | USD | Point-in-time |
| PENSION AND POSTEMPLOYMENT BENEFIT LIABILITIES |
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
|
$250.20M | USD | Point-in-time |
| ENVIRONMENTAL AND MINE CLOSURE OBLIGATIONS |
MineReclamationAndClosingLiabilityNoncurrent
|
$165.60M | USD | Point-in-time |
| ENVIRONMENTAL AND MINE CLOSURE OBLIGATIONS |
MineReclamationAndClosingLiabilityNoncurrent
|
$165.60M | USD | Point-in-time |
| LONG-TERM DEBT |
LongTermDebtNoncurrent
|
$2.88B | USD | Point-in-time |
| LONG-TERM DEBT |
LongTermDebtNoncurrent
|
$2.84B | USD | Point-in-time |
| LONG-TERM LIABILITIES OF DISCONTINUED OPERATIONS |
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationNoncurrent
|
$125.20M | USD | Point-in-time |
| LONG-TERM LIABILITIES OF DISCONTINUED OPERATIONS |
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationNoncurrent
|
$436.10M | USD | Point-in-time |
| OTHER LIABILITIES |
OtherLiabilitiesNoncurrent
|
$235.00M | USD | Point-in-time |
| OTHER LIABILITIES |
OtherLiabilitiesNoncurrent
|
$216.30M | USD | Point-in-time |
| TOTAL LIABILITIES |
Liabilities
|
$4.48B | USD | Point-in-time |
| TOTAL LIABILITIES |
Liabilities
|
$4.90B | USD | Point-in-time |
| COMMITMENTS AND CONTINGENCIES (SEE NOTE 20) |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| COMMITMENTS AND CONTINGENCIES (SEE NOTE 20) |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Preferred Stock - no par value, Class A - 3,000,000 shares authorized, 7 % Series A Mandatory Convertible, Class A, no par value and $1,000 per share liquidation preference, Issued and Outstanding - 731,223 shares (2014 - 731,223) |
PreferredSharesIssuedAndOutstandingValue
|
$731.30M | USD | Point-in-time |
| Preferred Stock - no par value, Class A - 3,000,000 shares authorized, 7 % Series A Mandatory Convertible, Class A, no par value and $1,000 per share liquidation preference, Issued and Outstanding - 731,223 shares (2014 - 731,223) |
PreferredSharesIssuedAndOutstandingValue
|
$731.30M | USD | Point-in-time |
| Common Shares - par value $0.125 per share, Authorized - 400,000,000 shares (2014 - 400,000,000 shares); Issued - 159,546,224 shares (2014 - 159,546,224 shares); Outstanding - 153,184,519 shares (2014 - 153,246,754 shares) |
CommonStockValueOutstanding
|
$19.80M | USD | Point-in-time |
| Common Shares - par value $0.125 per share, Authorized - 400,000,000 shares (2014 - 400,000,000 shares); Issued - 159,546,224 shares (2014 - 159,546,224 shares); Outstanding - 153,184,519 shares (2014 - 153,246,754 shares) |
CommonStockValueOutstanding
|
$19.80M | USD | Point-in-time |
| Capital in excess of par value of shares |
AdditionalPaidInCapital
|
$2.31B | USD | Point-in-time |
| Capital in excess of par value of shares |
AdditionalPaidInCapital
|
$2.31B | USD | Point-in-time |
| Retained deficit |
RetainedEarningsAccumulatedDeficit
|
$-3.96B | USD | Point-in-time |
| Retained deficit |
RetainedEarningsAccumulatedDeficit
|
$-4.73B | USD | Point-in-time |
| Cost of 6,266,672 common shares in treasury (2014 - 6,299,470 shares) |
TreasuryStockValue
|
$283.50M | USD | Point-in-time |
| Cost of 6,266,672 common shares in treasury (2014 - 6,299,470 shares) |
TreasuryStockValue
|
$285.70M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-55.10M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-245.80M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-38.20M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-112.90M | USD | Point-in-time |
| TOTAL CLIFFS SHAREHOLDERS' DEFICIT |
StockholdersEquity
|
$-2.00B | USD | Point-in-time |
| TOTAL CLIFFS SHAREHOLDERS' DEFICIT |
StockholdersEquity
|
$-1.43B | USD | Point-in-time |
| NONCONTROLLING INTEREST (DEFICIT) |
MinorityInterest
|
$-303.00M | USD | Point-in-time |
| NONCONTROLLING INTEREST (DEFICIT) |
MinorityInterest
|
$213.60M | USD | Point-in-time |
| TOTAL DEFICIT |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$-1.73B | USD | Point-in-time |
| TOTAL DEFICIT |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$6.84B | USD | Point-in-time |
| TOTAL DEFICIT |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$6.88B | USD | Point-in-time |
| TOTAL DEFICIT |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$-1.78B | USD | Point-in-time |
| TOTAL LIABILITIES AND DEFICIT |
LiabilitiesAndStockholdersEquity
|
$2.70B | USD | Point-in-time |
| TOTAL LIABILITIES AND DEFICIT |
LiabilitiesAndStockholdersEquity
|
$3.16B | USD | Point-in-time |
Income Statement
62 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Product |
SalesRevenueGoodsNet
|
$399.50M | USD | 1 Quarter |
| Product |
SalesRevenueGoodsNet
|
$559.20M | USD | 1 Quarter |
| Freight and venture partners' cost reimbursements |
ReimbursementRevenue
|
$56.30M | USD | 1 Quarter |
| Freight and venture partners' cost reimbursements |
ReimbursementRevenue
|
$46.50M | USD | 1 Quarter |
| TOTAL REVENUES |
Revenues
|
$446.00M | USD | 1 Quarter |
| TOTAL REVENUES |
Revenues
|
$615.50M | USD | 1 Quarter |
| COST OF GOODS SOLD AND OPERATING EXPENSES |
CostOfGoodsAndServicesSold
|
$365.20M | USD | 1 Quarter |
| COST OF GOODS SOLD AND OPERATING EXPENSES |
CostOfGoodsAndServicesSold
|
$425.50M | USD | 1 Quarter |
| SALES MARGIN |
GrossProfit
|
$190.00M | USD | 1 Quarter |
| SALES MARGIN |
GrossProfit
|
$80.80M | USD | 1 Quarter |
| Selling, general and administrative expenses |
SellingGeneralAndAdministrativeExpense
|
$29.10M | USD | 1 Quarter |
| Selling, general and administrative expenses |
SellingGeneralAndAdministrativeExpense
|
$37.50M | USD | 1 Quarter |
| Miscellaneous - net |
OtherOperatingIncomeExpenseNet
|
$20.20M | USD | 1 Quarter |
| Miscellaneous - net |
OtherOperatingIncomeExpenseNet
|
$-13.30M | USD | 1 Quarter |
| Other operating expense |
OperatingExpenses
|
$50.80M | USD | 1 Quarter |
| Other operating expense |
OperatingExpenses
|
$8.90M | USD | 1 Quarter |
| OPERATING INCOME |
OperatingIncomeLoss
|
$139.20M | USD | 1 Quarter |
| OPERATING INCOME |
OperatingIncomeLoss
|
$71.90M | USD | 1 Quarter |
| Interest expense, net |
InterestIncomeExpenseNet
|
$-42.90M | USD | 1 Quarter |
| Interest expense, net |
InterestIncomeExpenseNet
|
$-40.40M | USD | 1 Quarter |
| Gain on extinguishment of debt |
GainsLossesOnExtinguishmentOfDebt
|
$313.70M | USD | 1 Quarter |
| Gain on extinguishment of debt |
GainsLossesOnExtinguishmentOfDebt
|
- | USD | 1 Quarter |
| Other non-operating income (expense) |
OtherNonoperatingIncomeExpense
|
$800.00K | USD | 1 Quarter |
| Other non-operating income (expense) |
OtherNonoperatingIncomeExpense
|
$-800.00K | USD | 1 Quarter |
| TOTAL OTHER EXPENSE |
NonoperatingIncomeExpense
|
$-39.60M | USD | 1 Quarter |
| TOTAL OTHER EXPENSE |
NonoperatingIncomeExpense
|
$270.00M | USD | 1 Quarter |
| INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES AND EQUITY LOSS FROM VENTURES |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$341.90M | USD | 1 Quarter |
| INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES AND EQUITY LOSS FROM VENTURES |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$99.60M | USD | 1 Quarter |
| INCOME TAX EXPENSE |
IncomeTaxExpenseBenefit
|
$175.10M | USD | 1 Quarter |
| INCOME TAX EXPENSE |
IncomeTaxExpenseBenefit
|
$29.60M | USD | 1 Quarter |
| EQUITY LOSS FROM VENTURES, net of tax |
IncomeLossFromEquityMethodInvestments
|
- | USD | 1 Quarter |
| EQUITY LOSS FROM VENTURES, net of tax |
IncomeLossFromEquityMethodInvestments
|
$-300.00K | USD | 1 Quarter |
| INCOME FROM CONTINUING OPERATIONS |
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
$69.70M | USD | 1 Quarter |
| INCOME FROM CONTINUING OPERATIONS |
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
$166.80M | USD | 1 Quarter |
| LOSS FROM DISCONTINUED OPERATIONS, net of tax |
IncomeLossFromDiscontinuedOperationsNetOfTax
|
$-140.40M | USD | 1 Quarter |
| LOSS FROM DISCONTINUED OPERATIONS, net of tax |
IncomeLossFromDiscontinuedOperationsNetOfTax
|
$-928.50M | USD | 1 Quarter |
| NET LOSS |
ProfitLoss
|
$-761.70M | USD | 1 Quarter |
| NET LOSS |
ProfitLoss
|
$-70.70M | USD | 1 Quarter |
| LOSS ATTRIBUTABLE TO NONCONTROLLING INTEREST (2015 - Loss of $7.7 million related to Discontinued Operations, 2014 - Loss of $7.3 million related to Discontinued Operations) |
NetIncomeLossAttributableToNoncontrollingInterest
|
$-1.90M | USD | 1 Quarter |
| LOSS ATTRIBUTABLE TO NONCONTROLLING INTEREST (2015 - Loss of $7.7 million related to Discontinued Operations, 2014 - Loss of $7.3 million related to Discontinued Operations) |
NetIncomeLossAttributableToNoncontrollingInterest
|
$-400.00K | USD | 1 Quarter |
| NET LOSS ATTRIBUTABLE TO CLIFFS SHAREHOLDERS |
NetIncomeLoss
|
$-759.80M | USD | 1 Quarter |
| NET LOSS ATTRIBUTABLE TO CLIFFS SHAREHOLDERS |
NetIncomeLoss
|
$-70.30M | USD | 1 Quarter |
| PREFERRED STOCK DIVIDENDS |
DividendsPreferredStock
|
$12.80M | USD | 1 Quarter |
| PREFERRED STOCK DIVIDENDS |
DividendsPreferredStock
|
$12.80M | USD | 1 Quarter |
| NET LOSS ATTRIBUTABLE TO CLIFFS COMMON SHAREHOLDERS |
NetIncomeLossAvailableToCommonStockholdersBasic
|
$-772.60M | USD | 1 Quarter |
| NET LOSS ATTRIBUTABLE TO CLIFFS COMMON SHAREHOLDERS |
NetIncomeLossAvailableToCommonStockholdersBasic
|
$-83.10M | USD | 1 Quarter |
| Continuing operations |
IncomeLossFromContinuingOperationsPerBasicShare
|
$0.37 | USD | 1 Quarter |
| Continuing operations |
IncomeLossFromContinuingOperationsPerBasicShare
|
$1.02 | USD | 1 Quarter |
| Discontinued operations |
DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare
|
$-6.06 | USD | 1 Quarter |
| Discontinued operations |
DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare
|
$-0.92 | USD | 1 Quarter |
| Earnings (Loss) per Common Share Attributable to Cliffs Common Shareholders - Basic: |
EarningsPerShareBasic
|
$-0.55 | USD | 1 Quarter |
| Earnings (Loss) per Common Share Attributable to Cliffs Common Shareholders - Basic: |
EarningsPerShareBasic
|
$-5.04 | USD | 1 Quarter |
| Continuing operations |
IncomeLossFromContinuingOperationsPerDilutedShare
|
$0.37 | USD | 1 Quarter |
| Continuing operations |
IncomeLossFromContinuingOperationsPerDilutedShare
|
$0.94 | USD | 1 Quarter |
| Discontinued operations |
DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerDilutedShare
|
$-0.91 | USD | 1 Quarter |
| Discontinued operations |
DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerDilutedShare
|
$-5.20 | USD | 1 Quarter |
| Earnings (Loss) per Common Share Attributable to Cliffs Common Shareholders - Diluted: |
EarningsPerShareDiluted
|
$-0.54 | USD | 1 Quarter |
| Earnings (Loss) per Common Share Attributable to Cliffs Common Shareholders - Diluted: |
EarningsPerShareDiluted
|
$-4.26 | USD | 1 Quarter |
| Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
153.04M | shares | 1 Quarter |
| Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
153.19M | shares | 1 Quarter |
| Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
153.65M | shares | 1 Quarter |
| Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
178.70M | shares | 1 Quarter |
Cash Flow Statement
55 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| NET LOSS |
ProfitLoss
|
$-761.70M | USD | 1 Quarter |
| NET LOSS |
ProfitLoss
|
$-70.70M | USD | 1 Quarter |
| Depreciation, depletion and amortization |
DepreciationDepletionAndAmortization
|
$33.00M | USD | 1 Quarter |
| Depreciation, depletion and amortization |
DepreciationDepletionAndAmortization
|
$141.10M | USD | 1 Quarter |
| Impairment of long-lived assets |
AssetImpairmentChargesCashFlows
|
- | USD | 1 Quarter |
| Impairment of long-lived assets |
AssetImpairmentChargesCashFlows
|
$76.60M | USD | 1 Quarter |
| Deferred income taxes |
DeferredIncomeTaxExpenseBenefit
|
$15.10M | USD | 1 Quarter |
| Deferred income taxes |
DeferredIncomeTaxExpenseBenefit
|
$165.80M | USD | 1 Quarter |
| Gain on extinguishment of debt |
Gainonextinguishmentofdebtcashflows
|
- | USD | 1 Quarter |
| Gain on extinguishment of debt |
Gainonextinguishmentofdebtcashflows
|
$-313.70M | USD | 1 Quarter |
| Loss on deconsolidation, net of cash deconsolidated |
LossonDeconsolidationnetofcashdeconsolidated
|
- | USD | 1 Quarter |
| Loss on deconsolidation, net of cash deconsolidated |
LossonDeconsolidationnetofcashdeconsolidated
|
$-776.10M | USD | 1 Quarter |
| Other |
OtherNoncashIncomeExpense
|
$-3.20M | USD | 1 Quarter |
| Other |
OtherNoncashIncomeExpense
|
$-31.60M | USD | 1 Quarter |
| Receivables and other assets |
IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets
|
$-161.50M | USD | 1 Quarter |
| Receivables and other assets |
IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets
|
$-71.70M | USD | 1 Quarter |
| Product inventories |
IncreaseDecreaseInInventories
|
$154.90M | USD | 1 Quarter |
| Product inventories |
IncreaseDecreaseInInventories
|
$214.50M | USD | 1 Quarter |
| Payables and accrued expenses |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$-152.70M | USD | 1 Quarter |
| Payables and accrued expenses |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$-117.70M | USD | 1 Quarter |
| Net cash used by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-82.00M | USD | 1 Quarter |
| Net cash used by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-228.20M | USD | 1 Quarter |
| Purchase of property, plant and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$15.90M | USD | 1 Quarter |
| Purchase of property, plant and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$103.30M | USD | 1 Quarter |
| Other investing activities |
PaymentsForProceedsFromOtherInvestingActivities
|
$-200.00K | USD | 1 Quarter |
| Other investing activities |
PaymentsForProceedsFromOtherInvestingActivities
|
$-12.60M | USD | 1 Quarter |
| Net cash used by investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-90.70M | USD | 1 Quarter |
| Net cash used by investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-15.70M | USD | 1 Quarter |
| Proceeds from first lien notes offering |
ProceedsFromIssuanceOfSeniorLongTermDebt
|
- | USD | 1 Quarter |
| Proceeds from first lien notes offering |
ProceedsFromIssuanceOfSeniorLongTermDebt
|
$503.50M | USD | 1 Quarter |
| Debt issuance costs |
PaymentsOfDebtIssuanceCosts
|
$33.10M | USD | 1 Quarter |
| Debt issuance costs |
PaymentsOfDebtIssuanceCosts
|
- | USD | 1 Quarter |
| Repurchase of debt |
PaymentsforRepurchaseofSeniorNotesDebt
|
- | USD | 1 Quarter |
| Repurchase of debt |
PaymentsforRepurchaseofSeniorNotesDebt
|
$133.30M | USD | 1 Quarter |
| Borrowings under credit facilities |
ProceedsFromLongTermLinesOfCredit
|
$225.00M | USD | 1 Quarter |
| Borrowings under credit facilities |
ProceedsFromLongTermLinesOfCredit
|
$295.00M | USD | 1 Quarter |
| Repayment under credit facilities |
RepaymentsOfLongTermLinesOfCredit
|
$295.00M | USD | 1 Quarter |
| Repayment under credit facilities |
RepaymentsOfLongTermLinesOfCredit
|
- | USD | 1 Quarter |
| Common stock dividends |
PaymentsOfDividendsCommonStock
|
$23.00M | USD | 1 Quarter |
| Common stock dividends |
PaymentsOfDividendsCommonStock
|
- | USD | 1 Quarter |
| Preferred stock dividends |
PaymentsOfDividendsPreferredStockAndPreferenceStock
|
$12.80M | USD | 1 Quarter |
| Preferred stock dividends |
PaymentsOfDividendsPreferredStockAndPreferenceStock
|
$12.80M | USD | 1 Quarter |
| Other financing activities |
ProceedsFromPaymentsForOtherFinancingActivities
|
$-14.30M | USD | 1 Quarter |
| Other financing activities |
ProceedsFromPaymentsForOtherFinancingActivities
|
$8.70M | USD | 1 Quarter |
| Net cash provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$310.00M | USD | 1 Quarter |
| Net cash provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$197.90M | USD | 1 Quarter |
| EFFECT OF EXCHANGE RATE CHANGES ON CASH |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$-1.30M | USD | 1 Quarter |
| EFFECT OF EXCHANGE RATE CHANGES ON CASH |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$3.30M | USD | 1 Quarter |
| INCREASE IN CASH AND CASH EQUIVALENTS |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$64.80M | USD | 1 Quarter |
| INCREASE IN CASH AND CASH EQUIVALENTS |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$28.50M | USD | 1 Quarter |
| CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD |
CashAndCashEquivalentsAtCarryingValueIncludingDiscontinuedOperations
|
$335.50M | USD | Point-in-time |
| CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD |
CashAndCashEquivalentsAtCarryingValueIncludingDiscontinuedOperations
|
$290.90M | USD | Point-in-time |
| CASH AND CASH EQUIVALENTS AT END OF PERIOD |
CashAndCashEquivalentsAtCarryingValue
|
$364.00M | USD | Point-in-time |
| CASH AND CASH EQUIVALENTS AT END OF PERIOD |
CashAndCashEquivalentsAtCarryingValue
|
$355.70M | USD | Point-in-time |
| CASH AND CASH EQUIVALENTS AT END OF PERIOD |
CashAndCashEquivalentsAtCarryingValue
|
$271.30M | USD | Point-in-time |
Comprehensive Income
16 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| NET LOSS ATTRIBUTABLE TO CLIFFS SHAREHOLDERS |
NetIncomeLoss
|
$-759.80M | USD | 1 Quarter |
| NET LOSS ATTRIBUTABLE TO CLIFFS SHAREHOLDERS |
NetIncomeLoss
|
$-70.30M | USD | 1 Quarter |
| Changes in pension and other post-retirement benefits, net of tax |
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
$-3.40M | USD | 1 Quarter |
| Changes in pension and other post-retirement benefits, net of tax |
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
$-28.80M | USD | 1 Quarter |
| Unrealized net gain on marketable securities, net of tax |
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
$800.00K | USD | 1 Quarter |
| Unrealized net gain on marketable securities, net of tax |
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
$3.90M | USD | 1 Quarter |
| Unrealized net gain on foreign currency translation |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$40.50M | USD | 1 Quarter |
| Unrealized net gain on foreign currency translation |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$168.00M | USD | 1 Quarter |
| Unrealized net gain (loss) on derivative financial instruments, net of tax |
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
$10.50M | USD | 1 Quarter |
| Unrealized net gain (loss) on derivative financial instruments, net of tax |
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
$-800.00K | USD | 1 Quarter |
| OTHER COMPREHENSIVE INCOME |
OtherComprehensiveIncomeLossNetOfTax
|
$196.80M | USD | 1 Quarter |
| OTHER COMPREHENSIVE INCOME |
OtherComprehensiveIncomeLossNetOfTax
|
$58.30M | USD | 1 Quarter |
| OTHER COMPREHENSIVE LOSS (INCOME) ATTRIBUTABLE TO THE NONCONTROLLING INTEREST |
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
$500.00K | USD | 1 Quarter |
| OTHER COMPREHENSIVE LOSS (INCOME) ATTRIBUTABLE TO THE NONCONTROLLING INTEREST |
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
$-10.80M | USD | 1 Quarter |
| TOTAL COMPREHENSIVE LOSS ATTRIBUTABLE TO CLIFFS SHAREHOLDERS |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$-12.50M | USD | 1 Quarter |
| TOTAL COMPREHENSIVE LOSS ATTRIBUTABLE TO CLIFFS SHAREHOLDERS |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$-552.20M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.