10-Q Filing

CLEVELAND-CLIFFS INC. CIK: 764065 Q2 2015

Filing Information

Form Type	10-Q
Accession Number	`0000764065-15-000108`
Period End Date	20150630
Filing Date	20150729
Fiscal Year	2015
Fiscal Period	Q2
XBRL Instance	clf-20150630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 89 Income Statement 132 Cash Flow Statement 59 Comprehensive Income 32

Balance Sheet 89 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	-	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	-	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$276.20M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$271.30M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$359.90M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$122.70M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$49.20M	USD	Point-in-time
Inventories	`InventoryNet`	$260.10M	USD	Point-in-time
Inventories	`InventoryNet`	$487.10M	USD	Point-in-time
Supplies and other inventories	`Supplies`	$118.60M	USD	Point-in-time
Supplies and other inventories	`Supplies`	$115.80M	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`	$217.60M	USD	Point-in-time
Common shares, authorized (in shares)	`CommonStockSharesAuthorized`	400.00M	shares	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$163.10M	USD	Point-in-time
Common shares, issued (in shares)	`CommonStockSharesIssued`	159.55M	shares	Point-in-time
Short-term assets of discontinued operations	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$150.50M	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`	153.25M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$128.00M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$140.30M	USD	Point-in-time
Common shares, outstanding	`CommonStockSharesOutstanding`	153.40M	shares	Point-in-time
Common shares in treasury	`TreasuryStockShares`	6.30M	shares	Point-in-time
Common shares in treasury	`TreasuryStockShares`	6.14M	shares	Point-in-time
TOTAL CURRENT ASSETS	`AssetsCurrent`	$1.38B	USD	Point-in-time
TOTAL CURRENT ASSETS	`AssetsCurrent`	$1.45B	USD	Point-in-time
PROPERTY, PLANT AND EQUIPMENT, NET	`PropertyPlantAndEquipmentNet`	$1.08B	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`	$150.00M	USD	Point-in-time
Other Non-Current Assets	`OtherAssetsNoncurrent`	$244.50M	USD	Point-in-time
TOTAL OTHER ASSETS	`TotalOtherAssets`	$644.60M	USD	Point-in-time
TOTAL OTHER ASSETS	`TotalOtherAssets`	$150.00M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$2.61B	USD	Point-in-time
TOTAL ASSETS	`Assets`	$3.16B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$166.10M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$140.00M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$201.70M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$175.50M	USD	Point-in-time
Short-term liabilities of discontinued operations	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$196.90M	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`	$246.00M	USD	Point-in-time
TOTAL CURRENT LIABILITIES	`LiabilitiesCurrent`	$958.60M	USD	Point-in-time
TOTAL CURRENT LIABILITIES	`LiabilitiesCurrent`	$758.40M	USD	Point-in-time
PENSION AND POSTEMPLOYMENT BENEFIT LIABILITIES	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$259.70M	USD	Point-in-time
PENSION AND POSTEMPLOYMENT BENEFIT LIABILITIES	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$244.80M	USD	Point-in-time
ENVIRONMENTAL AND MINE CLOSURE OBLIGATIONS	`MineReclamationAndClosingLiabilityNoncurrent`	$214.90M	USD	Point-in-time
ENVIRONMENTAL AND MINE CLOSURE OBLIGATIONS	`MineReclamationAndClosingLiabilityNoncurrent`	$165.60M	USD	Point-in-time
LONG-TERM DEBT	`LongTermDebtNoncurrent`	$2.89B	USD	Point-in-time
LONG-TERM DEBT	`LongTermDebtNoncurrent`	$2.84B	USD	Point-in-time
LONG-TERM LIABILITIES OF DISCONTINUED OPERATIONS	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationNoncurrent`	-	USD	Point-in-time
LONG-TERM LIABILITIES OF DISCONTINUED OPERATIONS	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationNoncurrent`	$436.10M	USD	Point-in-time
OTHER LIABILITIES	`OtherLiabilitiesNoncurrent`	$244.10M	USD	Point-in-time
OTHER LIABILITIES	`OtherLiabilitiesNoncurrent`	$235.00M	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$4.35B	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 - 153,404,804 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 - 153,404,804 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`	$2.30B	USD	Point-in-time
Retained deficit	`RetainedEarningsAccumulatedDeficit`	$-3.96B	USD	Point-in-time
Retained deficit	`RetainedEarningsAccumulatedDeficit`	$-4.67B	USD	Point-in-time
Cost of 6,141,420 common shares in treasury (2014 - 6,299,470 shares)	`TreasuryStockValue`	$277.50M	USD	Point-in-time
Cost of 6,141,420 common shares in treasury (2014 - 6,299,470 shares)	`TreasuryStockValue`	$285.70M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-245.80M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-28.90M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-38.20M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-55.10M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-20.20M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-112.90M	USD	Point-in-time
TOTAL CLIFFS SHAREHOLDERS' DEFICIT	`StockholdersEquity`	$-1.43B	USD	Point-in-time
TOTAL CLIFFS SHAREHOLDERS' DEFICIT	`StockholdersEquity`	$-1.92B	USD	Point-in-time
NONCONTROLLING INTEREST (DEFICIT)	`MinorityInterest`	$183.60M	USD	Point-in-time
NONCONTROLLING INTEREST (DEFICIT)	`MinorityInterest`	$-303.00M	USD	Point-in-time
TOTAL DEFICIT	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.83B	USD	Point-in-time
TOTAL DEFICIT	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.88B	USD	Point-in-time
TOTAL DEFICIT	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-1.73B	USD	Point-in-time
TOTAL DEFICIT	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-1.74B	USD	Point-in-time
TOTAL LIABILITIES AND DEFICIT	`LiabilitiesAndStockholdersEquity`	$2.61B	USD	Point-in-time
TOTAL LIABILITIES AND DEFICIT	`LiabilitiesAndStockholdersEquity`	$3.16B	USD	Point-in-time

Income Statement 132 line items

Line Item	Tag	Value	Unit	Period
Product	`SalesRevenueGoodsNet`	$454.30M	USD	1 Quarter
Product	`SalesRevenueGoodsNet`	$857.40M	USD	2 Qtrs
Product	`SalesRevenueGoodsNet`	$1.26B	USD	2 Qtrs
Product	`SalesRevenueGoodsNet`	$696.30M	USD	1 Quarter
Freight and venture partners' cost reimbursements	`ReimbursementRevenue`	$103.40M	USD	2 Qtrs
Freight and venture partners' cost reimbursements	`ReimbursementRevenue`	$86.70M	USD	2 Qtrs
Freight and venture partners' cost reimbursements	`ReimbursementRevenue`	$51.40M	USD	1 Quarter
Freight and venture partners' cost reimbursements	`ReimbursementRevenue`	$43.80M	USD	1 Quarter
TOTAL REVENUES	`Revenues`	$1.36B	USD	2 Qtrs
TOTAL REVENUES	`Revenues`	$944.10M	USD	2 Qtrs
TOTAL REVENUES	`Revenues`	$498.10M	USD	1 Quarter
TOTAL REVENUES	`Revenues`	$747.70M	USD	1 Quarter
COST OF GOODS SOLD AND OPERATING EXPENSES	`CostOfGoodsAndServicesSold`	$989.70M	USD	2 Qtrs
COST OF GOODS SOLD AND OPERATING EXPENSES	`CostOfGoodsAndServicesSold`	$564.20M	USD	1 Quarter
COST OF GOODS SOLD AND OPERATING EXPENSES	`CostOfGoodsAndServicesSold`	$440.80M	USD	1 Quarter
COST OF GOODS SOLD AND OPERATING EXPENSES	`CostOfGoodsAndServicesSold`	$806.00M	USD	2 Qtrs
SALES MARGIN	`GrossProfit`	$138.10M	USD	2 Qtrs
SALES MARGIN	`GrossProfit`	$183.50M	USD	1 Quarter
SALES MARGIN	`GrossProfit`	$57.30M	USD	1 Quarter
SALES MARGIN	`GrossProfit`	$373.50M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$40.90M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$59.80M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$81.40M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$30.80M	USD	1 Quarter
Miscellaneous - net	`OtherOperatingIncomeExpenseNet`	$-3.30M	USD	1 Quarter
Miscellaneous - net	`OtherOperatingIncomeExpenseNet`	$-800.00K	USD	1 Quarter
Miscellaneous - net	`OtherOperatingIncomeExpenseNet`	$-13.60M	USD	2 Qtrs
Miscellaneous - net	`OtherOperatingIncomeExpenseNet`	$19.30M	USD	2 Qtrs
Other operating expense	`OperatingExpenses`	$95.00M	USD	2 Qtrs
Other operating expense	`OperatingExpenses`	$40.50M	USD	2 Qtrs
Other operating expense	`OperatingExpenses`	$44.20M	USD	1 Quarter
Other operating expense	`OperatingExpenses`	$31.60M	USD	1 Quarter
OPERATING INCOME	`OperatingIncomeLoss`	$25.70M	USD	1 Quarter
OPERATING INCOME	`OperatingIncomeLoss`	$97.60M	USD	2 Qtrs
OPERATING INCOME	`OperatingIncomeLoss`	$278.50M	USD	2 Qtrs
OPERATING INCOME	`OperatingIncomeLoss`	$139.30M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-106.50M	USD	2 Qtrs
Interest expense, net	`InterestIncomeExpenseNet`	$-82.50M	USD	2 Qtrs
Interest expense, net	`InterestIncomeExpenseNet`	$-63.60M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-42.10M	USD	1 Quarter
Gain on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Gain on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	2 Qtrs
Gain on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$313.70M	USD	2 Qtrs
Gain on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Other non-operating income (expense)	`OtherNonoperatingIncomeExpense`	$-2.90M	USD	2 Qtrs
Other non-operating income (expense)	`OtherNonoperatingIncomeExpense`	$2.40M	USD	2 Qtrs
Other non-operating income (expense)	`OtherNonoperatingIncomeExpense`	$-2.10M	USD	1 Quarter
Other non-operating income (expense)	`OtherNonoperatingIncomeExpense`	$1.60M	USD	1 Quarter
TOTAL OTHER EXPENSE	`NonoperatingIncomeExpense`	$-40.50M	USD	1 Quarter
TOTAL OTHER EXPENSE	`NonoperatingIncomeExpense`	$-65.70M	USD	1 Quarter
TOTAL OTHER EXPENSE	`NonoperatingIncomeExpense`	$-80.10M	USD	2 Qtrs
TOTAL OTHER EXPENSE	`NonoperatingIncomeExpense`	$204.30M	USD	2 Qtrs
INCOME (LOSS) FROM CONTINUING OPERATIONS BEFORE INCOME TAXES AND EQUITY LOSS FROM VENTURES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$198.40M	USD	2 Qtrs
INCOME (LOSS) FROM CONTINUING OPERATIONS BEFORE INCOME TAXES AND EQUITY LOSS FROM VENTURES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$98.80M	USD	1 Quarter
INCOME (LOSS) FROM CONTINUING OPERATIONS BEFORE INCOME TAXES AND EQUITY LOSS FROM VENTURES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$301.90M	USD	2 Qtrs
INCOME (LOSS) FROM CONTINUING OPERATIONS BEFORE INCOME TAXES AND EQUITY LOSS FROM VENTURES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-40.00M	USD	1 Quarter
INCOME TAX BENEFIT (EXPENSE)	`IncomeTaxExpenseBenefit`	$7.60M	USD	1 Quarter
INCOME TAX BENEFIT (EXPENSE)	`IncomeTaxExpenseBenefit`	$173.30M	USD	2 Qtrs
INCOME TAX BENEFIT (EXPENSE)	`IncomeTaxExpenseBenefit`	$-1.80M	USD	1 Quarter
INCOME TAX BENEFIT (EXPENSE)	`IncomeTaxExpenseBenefit`	$37.20M	USD	2 Qtrs
EQUITY LOSS FROM VENTURES, net of tax	`IncomeLossFromEquityMethodInvestments`	-	USD	1 Quarter
EQUITY LOSS FROM VENTURES, net of tax	`IncomeLossFromEquityMethodInvestments`	$-600.00K	USD	2 Qtrs
EQUITY LOSS FROM VENTURES, net of tax	`IncomeLossFromEquityMethodInvestments`	$-300.00K	USD	1 Quarter
EQUITY LOSS FROM VENTURES, net of tax	`IncomeLossFromEquityMethodInvestments`	-	USD	2 Qtrs
INCOME (LOSS) FROM CONTINUING OPERATIONS	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$90.90M	USD	1 Quarter
INCOME (LOSS) FROM CONTINUING OPERATIONS	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-38.20M	USD	1 Quarter
INCOME (LOSS) FROM CONTINUING OPERATIONS	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$160.60M	USD	2 Qtrs
INCOME (LOSS) FROM CONTINUING OPERATIONS	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$128.60M	USD	2 Qtrs
INCOME (LOSS) FROM DISCONTINUED OPERATIONS, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$-825.10M	USD	2 Qtrs
INCOME (LOSS) FROM DISCONTINUED OPERATIONS, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$-76.40M	USD	1 Quarter
INCOME (LOSS) FROM DISCONTINUED OPERATIONS, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$-216.80M	USD	2 Qtrs
INCOME (LOSS) FROM DISCONTINUED OPERATIONS, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$103.40M	USD	1 Quarter
NET INCOME (LOSS)	`ProfitLoss`	$14.50M	USD	1 Quarter
NET INCOME (LOSS)	`ProfitLoss`	$-56.20M	USD	2 Qtrs
NET INCOME (LOSS)	`ProfitLoss`	$-696.50M	USD	2 Qtrs
NET INCOME (LOSS)	`ProfitLoss`	$65.20M	USD	1 Quarter
INCOME ATTRIBUTABLE TO NONCONTROLLING INTEREST	`NetIncomeLossAttributableToNoncontrollingInterest`	$3.60M	USD	1 Quarter
INCOME ATTRIBUTABLE TO NONCONTROLLING INTEREST	`NetIncomeLossAttributableToNoncontrollingInterest`	$5.00M	USD	1 Quarter
INCOME ATTRIBUTABLE TO NONCONTROLLING INTEREST	`NetIncomeLossAttributableToNoncontrollingInterest`	$3.20M	USD	2 Qtrs
INCOME ATTRIBUTABLE TO NONCONTROLLING INTEREST	`NetIncomeLossAttributableToNoncontrollingInterest`	$3.10M	USD	2 Qtrs
NET INCOME (LOSS) ATTRIBUTABLE TO CLIFFS SHAREHOLDERS	`NetIncomeLoss`	$10.90M	USD	1 Quarter
NET INCOME (LOSS) ATTRIBUTABLE TO CLIFFS SHAREHOLDERS	`NetIncomeLoss`	$60.20M	USD	1 Quarter
NET INCOME (LOSS) ATTRIBUTABLE TO CLIFFS SHAREHOLDERS	`NetIncomeLoss`	$-59.40M	USD	2 Qtrs
NET INCOME (LOSS) ATTRIBUTABLE TO CLIFFS SHAREHOLDERS	`NetIncomeLoss`	$-699.60M	USD	2 Qtrs
PREFERRED STOCK DIVIDENDS	`DividendsPreferredStock`	$25.60M	USD	2 Qtrs
PREFERRED STOCK DIVIDENDS	`DividendsPreferredStock`	-	USD	1 Quarter
PREFERRED STOCK DIVIDENDS	`DividendsPreferredStock`	$12.80M	USD	2 Qtrs
PREFERRED STOCK DIVIDENDS	`DividendsPreferredStock`	$12.80M	USD	1 Quarter
NET INCOME (LOSS) ATTRIBUTABLE TO CLIFFS COMMON SHAREHOLDERS	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-85.00M	USD	2 Qtrs
NET INCOME (LOSS) ATTRIBUTABLE TO CLIFFS COMMON SHAREHOLDERS	`NetIncomeLossAvailableToCommonStockholdersBasic`	$60.20M	USD	1 Quarter
NET INCOME (LOSS) ATTRIBUTABLE TO CLIFFS COMMON SHAREHOLDERS	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-1.90M	USD	1 Quarter
NET INCOME (LOSS) ATTRIBUTABLE TO CLIFFS COMMON SHAREHOLDERS	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-712.40M	USD	2 Qtrs
Continuing operations	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.86	USD	2 Qtrs
Continuing operations	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.74	USD	2 Qtrs
Continuing operations	`IncomeLossFromContinuingOperationsPerBasicShare`	$-0.28	USD	1 Quarter
Continuing operations	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.49	USD	1 Quarter
Discontinued operations	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare`	$-0.50	USD	1 Quarter
Discontinued operations	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare`	$-5.39	USD	2 Qtrs
Discontinued operations	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare`	$0.67	USD	1 Quarter
Discontinued operations	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare`	$-1.42	USD	2 Qtrs
Earnings (Loss) per Common Share Attributable to Cliffs Common Shareholders - Basic:	`EarningsPerShareBasic`	$0.39	USD	1 Quarter
Earnings (Loss) per Common Share Attributable to Cliffs Common Shareholders - Basic:	`EarningsPerShareBasic`	$-4.65	USD	2 Qtrs
Earnings (Loss) per Common Share Attributable to Cliffs Common Shareholders - Basic:	`EarningsPerShareBasic`	$-0.56	USD	2 Qtrs
Earnings (Loss) per Common Share Attributable to Cliffs Common Shareholders - Basic:	`EarningsPerShareBasic`	$-0.01	USD	1 Quarter
Continuing operations	`IncomeLossFromContinuingOperationsPerDilutedShare`	$-0.28	USD	1 Quarter
Continuing operations	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.86	USD	2 Qtrs
Continuing operations	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.48	USD	1 Quarter
Continuing operations	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.70	USD	2 Qtrs
Discontinued operations	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerDilutedShare`	$-0.50	USD	1 Quarter
Discontinued operations	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerDilutedShare`	$0.67	USD	1 Quarter
Discontinued operations	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerDilutedShare`	$-1.41	USD	2 Qtrs
Discontinued operations	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerDilutedShare`	$-4.62	USD	2 Qtrs
Earnings (Loss) per Common Share Attributable to Cliffs Common Shareholders - Diluted:	`EarningsPerShareDiluted`	$-0.02	USD	1 Quarter
Earnings (Loss) per Common Share Attributable to Cliffs Common Shareholders - Diluted:	`EarningsPerShareDiluted`	$0.39	USD	1 Quarter
Earnings (Loss) per Common Share Attributable to Cliffs Common Shareholders - Diluted:	`EarningsPerShareDiluted`	$-3.92	USD	2 Qtrs
Earnings (Loss) per Common Share Attributable to Cliffs Common Shareholders - Diluted:	`EarningsPerShareDiluted`	$-0.55	USD	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	153.06M	shares	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	153.20M	shares	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	153.23M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	153.09M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	178.69M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	153.88M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	153.86M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	153.23M	shares	1 Quarter
CASH DIVIDENDS DECLARED PER DEPOSITARY SHARE	`DepositarySharesDividendsPerShareDeclared`	$0.44	USD	1 Quarter
CASH DIVIDENDS DECLARED PER DEPOSITARY SHARE	`DepositarySharesDividendsPerShareDeclared`	-	USD	1 Quarter
CASH DIVIDENDS DECLARED PER DEPOSITARY SHARE	`DepositarySharesDividendsPerShareDeclared`	$0.88	USD	2 Qtrs
CASH DIVIDENDS DECLARED PER DEPOSITARY SHARE	`DepositarySharesDividendsPerShareDeclared`	$0.44	USD	2 Qtrs
CASH DIVIDENDS DECLARED PER COMMON SHARE	`CommonStockDividendsPerShareDeclared`	-	USD	1 Quarter
CASH DIVIDENDS DECLARED PER COMMON SHARE	`CommonStockDividendsPerShareDeclared`	$0.15	USD	1 Quarter
CASH DIVIDENDS DECLARED PER COMMON SHARE	`CommonStockDividendsPerShareDeclared`	$0.30	USD	2 Qtrs
CASH DIVIDENDS DECLARED PER COMMON SHARE	`CommonStockDividendsPerShareDeclared`	-	USD	2 Qtrs

Cash Flow Statement 59 line items

Line Item	Tag	Value	Unit	Period
NET INCOME (LOSS)	`ProfitLoss`	$14.50M	USD	1 Quarter
NET INCOME (LOSS)	`ProfitLoss`	$-56.20M	USD	2 Qtrs
NET INCOME (LOSS)	`ProfitLoss`	$-696.50M	USD	2 Qtrs
NET INCOME (LOSS)	`ProfitLoss`	$65.20M	USD	1 Quarter
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$63.50M	USD	2 Qtrs
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$70.90M	USD	1 Quarter
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$286.40M	USD	2 Qtrs
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$30.50M	USD	1 Quarter
Impairment of long-lived assets	`AssetImpairmentChargesCashFlows`	$2.40M	USD	2 Qtrs
Impairment of long-lived assets	`AssetImpairmentChargesCashFlows`	$76.60M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$162.60M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-139.00M	USD	2 Qtrs
Gain on extinguishment of debt	`Gainonextinguishmentofdebtcashflows`	$-313.70M	USD	2 Qtrs
Gain on extinguishment of debt	`Gainonextinguishmentofdebtcashflows`	-	USD	2 Qtrs
Loss on deconsolidation, net of cash deconsolidated	`LossonDeconsolidationnetofcashdeconsolidated`	$-641.40M	USD	2 Qtrs
Loss on deconsolidation, net of cash deconsolidated	`LossonDeconsolidationnetofcashdeconsolidated`	-	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$-54.30M	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$-22.40M	USD	2 Qtrs
Receivables and other assets	`IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets`	$-85.50M	USD	2 Qtrs
Receivables and other assets	`IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets`	$-136.60M	USD	2 Qtrs
Product inventories	`IncreaseDecreaseInInventories`	$251.70M	USD	2 Qtrs
Product inventories	`IncreaseDecreaseInInventories`	$217.40M	USD	2 Qtrs
Payables and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-155.60M	USD	2 Qtrs
Payables and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-73.70M	USD	2 Qtrs
Net cash used by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-123.90M	USD	2 Qtrs
Net cash used by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-248.20M	USD	2 Qtrs
Purchase of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$34.40M	USD	2 Qtrs
Purchase of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$164.30M	USD	2 Qtrs
Other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	$-400.00K	USD	2 Qtrs
Other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	$-16.00M	USD	2 Qtrs
Net cash used by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-148.30M	USD	2 Qtrs
Net cash used by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-34.00M	USD	2 Qtrs
Proceeds from first lien notes offering	`ProceedsFromIssuanceOfSeniorLongTermDebt`	-	USD	2 Qtrs
Proceeds from first lien notes offering	`ProceedsFromIssuanceOfSeniorLongTermDebt`	$503.50M	USD	2 Qtrs
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	-	USD	2 Qtrs
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$33.60M	USD	2 Qtrs
Repurchase of debt	`PaymentsforRepurchaseofSeniorNotesDebt`	-	USD	2 Qtrs
Repurchase of debt	`PaymentsforRepurchaseofSeniorNotesDebt`	$133.30M	USD	2 Qtrs
Borrowings under credit facilities	`ProceedsFromLongTermLinesOfCredit`	$730.40M	USD	2 Qtrs
Borrowings under credit facilities	`ProceedsFromLongTermLinesOfCredit`	$309.80M	USD	2 Qtrs
Repayment under credit facilities	`RepaymentsOfLongTermLinesOfCredit`	$315.60M	USD	2 Qtrs
Repayment under credit facilities	`RepaymentsOfLongTermLinesOfCredit`	$309.80M	USD	2 Qtrs
Common stock dividends	`PaymentsOfDividendsCommonStock`	-	USD	2 Qtrs
Common stock dividends	`PaymentsOfDividendsCommonStock`	$46.00M	USD	2 Qtrs
Preferred stock dividends	`PaymentsOfDividendsPreferredStockAndPreferenceStock`	$25.60M	USD	2 Qtrs
Preferred stock dividends	`PaymentsOfDividendsPreferredStockAndPreferenceStock`	$25.60M	USD	2 Qtrs
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-42.60M	USD	2 Qtrs
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-52.50M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$290.70M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$268.40M	USD	2 Qtrs
EFFECT OF EXCHANGE RATE CHANGES ON CASH	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-900.00K	USD	2 Qtrs
EFFECT OF EXCHANGE RATE CHANGES ON CASH	`EffectOfExchangeRateOnCashAndCashEquivalents`	$5.90M	USD	2 Qtrs
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$24.40M	USD	2 Qtrs
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-14.70M	USD	2 Qtrs
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValueIncludingDiscontinuedOperations`	$290.90M	USD	Point-in-time
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValueIncludingDiscontinuedOperations`	$335.50M	USD	Point-in-time
CASH AND CASH EQUIVALENTS AT END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$276.20M	USD	Point-in-time
CASH AND CASH EQUIVALENTS AT END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$271.30M	USD	Point-in-time
CASH AND CASH EQUIVALENTS AT END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$359.90M	USD	Point-in-time

Comprehensive Income 32 line items

Line Item	Tag	Value	Unit	Period
NET INCOME (LOSS) ATTRIBUTABLE TO CLIFFS SHAREHOLDERS	`NetIncomeLoss`	$10.90M	USD	1 Quarter
NET INCOME (LOSS) ATTRIBUTABLE TO CLIFFS SHAREHOLDERS	`NetIncomeLoss`	$60.20M	USD	1 Quarter
NET INCOME (LOSS) ATTRIBUTABLE TO CLIFFS SHAREHOLDERS	`NetIncomeLoss`	$-59.40M	USD	2 Qtrs
NET INCOME (LOSS) ATTRIBUTABLE TO CLIFFS SHAREHOLDERS	`NetIncomeLoss`	$-699.60M	USD	2 Qtrs
Changes in pension and other post-retirement benefits, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-600.00K	USD	1 Quarter
Changes in pension and other post-retirement benefits, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-6.60M	USD	2 Qtrs
Changes in pension and other post-retirement benefits, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-29.40M	USD	2 Qtrs
Changes in pension and other post-retirement benefits, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-3.20M	USD	1 Quarter
Unrealized net gain (loss) on marketable securities, net of tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$700.00K	USD	1 Quarter
Unrealized net gain (loss) on marketable securities, net of tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$200.00K	USD	2 Qtrs
Unrealized net gain (loss) on marketable securities, net of tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$1.50M	USD	2 Qtrs
Unrealized net gain (loss) on marketable securities, net of tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-3.70M	USD	1 Quarter
Unrealized net gain on foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$19.70M	USD	1 Quarter
Unrealized net gain on foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$168.50M	USD	2 Qtrs
Unrealized net gain on foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$60.20M	USD	2 Qtrs
Unrealized net gain on foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$500.00K	USD	1 Quarter
Unrealized net gain on derivative financial instruments, net of tax	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$16.30M	USD	1 Quarter
Unrealized net gain on derivative financial instruments, net of tax	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$26.80M	USD	2 Qtrs
Unrealized net gain on derivative financial instruments, net of tax	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$7.50M	USD	2 Qtrs
Unrealized net gain on derivative financial instruments, net of tax	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$8.30M	USD	1 Quarter
OTHER COMPREHENSIVE INCOME	`OtherComprehensiveIncomeLossNetOfTax`	$35.50M	USD	1 Quarter
OTHER COMPREHENSIVE INCOME	`OtherComprehensiveIncomeLossNetOfTax`	$93.80M	USD	2 Qtrs
OTHER COMPREHENSIVE INCOME	`OtherComprehensiveIncomeLossNetOfTax`	$10.10M	USD	1 Quarter
OTHER COMPREHENSIVE INCOME	`OtherComprehensiveIncomeLossNetOfTax`	$206.90M	USD	2 Qtrs
OTHER COMPREHENSIVE LOSS (INCOME) ATTRIBUTABLE TO THE NONCONTROLLING INTEREST	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-10.00M	USD	2 Qtrs
OTHER COMPREHENSIVE LOSS (INCOME) ATTRIBUTABLE TO THE NONCONTROLLING INTEREST	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$600.00K	USD	1 Quarter
OTHER COMPREHENSIVE LOSS (INCOME) ATTRIBUTABLE TO THE NONCONTROLLING INTEREST	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$800.00K	USD	1 Quarter
OTHER COMPREHENSIVE LOSS (INCOME) ATTRIBUTABLE TO THE NONCONTROLLING INTEREST	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$1.10M	USD	2 Qtrs
TOTAL COMPREHENSIVE INCOME (LOSS) ATTRIBUTABLE TO CLIFFS SHAREHOLDERS	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$45.80M	USD	1 Quarter
TOTAL COMPREHENSIVE INCOME (LOSS) ATTRIBUTABLE TO CLIFFS SHAREHOLDERS	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$69.50M	USD	1 Quarter
TOTAL COMPREHENSIVE INCOME (LOSS) ATTRIBUTABLE TO CLIFFS SHAREHOLDERS	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-482.70M	USD	2 Qtrs
TOTAL COMPREHENSIVE INCOME (LOSS) ATTRIBUTABLE TO CLIFFS SHAREHOLDERS	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$33.30M	USD	2 Qtrs

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.