10-Q Filing

CLEVELAND-CLIFFS INC. CIK: 764065 Q3 2016

Filing Information

Form Type	10-Q
Accession Number	`0000764065-16-000286`
Period End Date	20160930
Filing Date	20161027
Fiscal Year	2016
Fiscal Period	Q3
XBRL Instance	clf-20160930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 87 Income Statement 132 Cash Flow Statement 65 Comprehensive Income 32

Balance Sheet 87 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$132.20M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$285.20M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$270.20M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$40.20M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$49.20M	USD	Point-in-time
Inventories	`InventoryNet`	$329.60M	USD	Point-in-time
Inventories	`InventoryNet`	$317.30M	USD	Point-in-time
Supplies and other inventories	`Supplies`	$110.40M	USD	Point-in-time
Supplies and other inventories	`Supplies`	$84.00M	USD	Point-in-time
Short-term assets of discontinued operations	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$14.90M	USD	Point-in-time
Preferred stock, par value	`PreferredStockNoParValue`	-	USD	Point-in-time
Short-term assets of discontinued operations	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	-	USD	Point-in-time
Preferred stock, par value	`PreferredStockNoParValue`	-	USD	Point-in-time
Loans to and accounts receivable from the Canadian Entities	`LoanstoandaccountsreceivablesfromtheCanadianEntities`	$72.90M	USD	Point-in-time
Loans to and accounts receivable from the Canadian Entities	`LoanstoandaccountsreceivablesfromtheCanadianEntities`	$69.30M	USD	Point-in-time
Insurance coverage receivable	`InsuranceSettlementsReceivableCurrent`	$93.50M	USD	Point-in-time
Insurance coverage receivable	`InsuranceSettlementsReceivableCurrent`	-	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$36.00M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$47.60M	USD	Point-in-time
TOTAL CURRENT ASSETS	`AssetsCurrent`	$699.60M	USD	Point-in-time
TOTAL CURRENT ASSETS	`AssetsCurrent`	$982.70M	USD	Point-in-time
PROPERTY, PLANT AND EQUIPMENT, NET	`PropertyPlantAndEquipmentNet`	$990.10M	USD	Point-in-time
Common Stock, Par or Stated Value Per Share	`CommonStockParOrStatedValuePerShare`	$0.12	USD	Point-in-time
PROPERTY, PLANT AND EQUIPMENT, NET	`PropertyPlantAndEquipmentNet`	$1.06B	USD	Point-in-time
Common Stock, Par or Stated Value Per Share	`CommonStockParOrStatedValuePerShare`	$0.12	USD	Point-in-time
Common shares, authorized (in shares)	`CommonStockSharesAuthorized`	400.00M	shares	Point-in-time
Common shares, authorized (in shares)	`CommonStockSharesAuthorized`	400.00M	shares	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$83.20M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$93.80M	USD	Point-in-time
Common shares, issued (in shares)	`CommonStockSharesIssued`	236.35M	shares	Point-in-time
Common shares, issued (in shares)	`CommonStockSharesIssued`	159.55M	shares	Point-in-time
Common shares, outstanding	`CommonStockSharesOutstanding`	153.59M	shares	Point-in-time
Common shares, outstanding	`CommonStockSharesOutstanding`	230.59M	shares	Point-in-time
TOTAL OTHER ASSETS	`TotalOtherAssets`	$83.20M	USD	Point-in-time
TOTAL OTHER ASSETS	`TotalOtherAssets`	$93.80M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$1.77B	USD	Point-in-time
Common shares in treasury	`TreasuryStockShares`	5.95M	shares	Point-in-time
TOTAL ASSETS	`Assets`	$2.14B	USD	Point-in-time
Common shares in treasury	`TreasuryStockShares`	5.75M	shares	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$81.30M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$106.30M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$156.00M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$134.20M	USD	Point-in-time
Short-term liabilities of discontinued operations	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$5.50M	USD	Point-in-time
Short-term liabilities of discontinued operations	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$6.90M	USD	Point-in-time
Guarantees	`GuaranteesFairValueDisclosure`	$200.00K	USD	Point-in-time
Guarantees	`GuaranteesFairValueDisclosure`	$96.50M	USD	Point-in-time
Insured loss	`LossContingencyAccrualCarryingValueNoncurrent`	-	USD	Point-in-time
Insured loss	`LossContingencyAccrualCarryingValueNoncurrent`	$93.50M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$122.50M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$102.30M	USD	Point-in-time
TOTAL CURRENT LIABILITIES	`LiabilitiesCurrent`	$323.50M	USD	Point-in-time
TOTAL CURRENT LIABILITIES	`LiabilitiesCurrent`	$581.70M	USD	Point-in-time
PENSION AND POSTEMPLOYMENT BENEFIT LIABILITIES	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$198.50M	USD	Point-in-time
PENSION AND POSTEMPLOYMENT BENEFIT LIABILITIES	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$221.00M	USD	Point-in-time
ENVIRONMENTAL AND MINE CLOSURE OBLIGATIONS	`MineReclamationAndClosingLiabilityNoncurrent`	$220.20M	USD	Point-in-time
ENVIRONMENTAL AND MINE CLOSURE OBLIGATIONS	`MineReclamationAndClosingLiabilityNoncurrent`	$231.20M	USD	Point-in-time
LONG-TERM DEBT	`LongTermDebtNoncurrent`	$2.70B	USD	Point-in-time
LONG-TERM DEBT	`LongTermDebtNoncurrent`	$2.20B	USD	Point-in-time
OTHER LIABILITIES	`OtherLiabilitiesNoncurrent`	$213.80M	USD	Point-in-time
OTHER LIABILITIES	`OtherLiabilitiesNoncurrent`	$235.30M	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$3.95B	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$3.17B	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 - no shares (2015 - 731,223 shares), Class B - 4,000,000 shares authorized	`PreferredStockValueOutstanding`	-	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 - no shares (2015 - 731,223 shares), Class B - 4,000,000 shares authorized	`PreferredStockValueOutstanding`	$731.30M	USD	Point-in-time
Common Shares - par value $0.125 per share, Authorized - 400,000,000 shares (2015 - 400,000,000 shares); Issued - 236,346,794 shares (2015 - 159,546,224 shares); Outstanding - 203,594,581 shares (2015 - 153,591,930 shares)	`CommonStockValueOutstanding`	$19.80M	USD	Point-in-time
Common Shares - par value $0.125 per share, Authorized - 400,000,000 shares (2015 - 400,000,000 shares); Issued - 236,346,794 shares (2015 - 159,546,224 shares); Outstanding - 203,594,581 shares (2015 - 153,591,930 shares)	`CommonStockValueOutstanding`	$29.50M	USD	Point-in-time
Capital in excess of par value of shares	`AdditionalPaidInCapital`	$2.30B	USD	Point-in-time
Capital in excess of par value of shares	`AdditionalPaidInCapital`	$3.34B	USD	Point-in-time
Retained deficit	`RetainedEarningsAccumulatedDeficit`	$-4.65B	USD	Point-in-time
Retained deficit	`RetainedEarningsAccumulatedDeficit`	$-4.75B	USD	Point-in-time
Cost of 5,752,213 common shares in treasury (2015 - 5,954,294 shares)	`TreasuryStockValue`	$265.00M	USD	Point-in-time
Cost of 5,752,213 common shares in treasury (2015 - 5,954,294 shares)	`TreasuryStockValue`	$255.20M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-18.00M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.20M	USD	Point-in-time
TOTAL CLIFFS SHAREHOLDERS' DEFICIT	`StockholdersEquity`	$-1.98B	USD	Point-in-time
TOTAL CLIFFS SHAREHOLDERS' DEFICIT	`StockholdersEquity`	$-1.54B	USD	Point-in-time
NONCONTROLLING INTEREST	`MinorityInterest`	$143.80M	USD	Point-in-time
NONCONTROLLING INTEREST	`MinorityInterest`	$169.80M	USD	Point-in-time
TOTAL DEFICIT	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-1.40B	USD	Point-in-time
TOTAL DEFICIT	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-1.81B	USD	Point-in-time
TOTAL DEFICIT	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-1.73B	USD	Point-in-time
TOTAL DEFICIT	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-1.76B	USD	Point-in-time
TOTAL LIABILITIES AND DEFICIT	`LiabilitiesAndStockholdersEquity`	$1.77B	USD	Point-in-time
TOTAL LIABILITIES AND DEFICIT	`LiabilitiesAndStockholdersEquity`	$2.14B	USD	Point-in-time

Income Statement 132 line items

Line Item	Tag	Value	Unit	Period
Product	`SalesRevenueGoodsNet`	$1.40B	USD	3 Qtrs
Product	`SalesRevenueGoodsNet`	$1.24B	USD	3 Qtrs
Product	`SalesRevenueGoodsNet`	$542.50M	USD	1 Quarter
Product	`SalesRevenueGoodsNet`	$508.60M	USD	1 Quarter
Freight and venture partners' cost reimbursements	`ReimbursementRevenue`	$44.70M	USD	1 Quarter
Freight and venture partners' cost reimbursements	`ReimbursementRevenue`	$137.40M	USD	3 Qtrs
Freight and venture partners' cost reimbursements	`ReimbursementRevenue`	$118.00M	USD	3 Qtrs
Freight and venture partners' cost reimbursements	`ReimbursementRevenue`	$50.70M	USD	1 Quarter
TOTAL REVENUES	`Revenues`	$553.30M	USD	1 Quarter
TOTAL REVENUES	`Revenues`	$1.54B	USD	3 Qtrs
TOTAL REVENUES	`Revenues`	$1.35B	USD	3 Qtrs
TOTAL REVENUES	`Revenues`	$593.20M	USD	1 Quarter
LOSS ATTRIBUTABLE TO NONCONTROLLING INTEREST	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest`	-	USD	1 Quarter
COST OF GOODS SOLD AND OPERATING EXPENSES	`CostOfGoodsAndServicesSold`	$538.10M	USD	1 Quarter
COST OF GOODS SOLD AND OPERATING EXPENSES	`CostOfGoodsAndServicesSold`	$1.34B	USD	3 Qtrs
COST OF GOODS SOLD AND OPERATING EXPENSES	`CostOfGoodsAndServicesSold`	$1.15B	USD	3 Qtrs
LOSS ATTRIBUTABLE TO NONCONTROLLING INTEREST	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest`	-	USD	1 Quarter
LOSS ATTRIBUTABLE TO NONCONTROLLING INTEREST	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest`	$7.70M	USD	3 Qtrs
COST OF GOODS SOLD AND OPERATING EXPENSES	`CostOfGoodsAndServicesSold`	$467.90M	USD	1 Quarter
LOSS ATTRIBUTABLE TO NONCONTROLLING INTEREST	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest`	-	USD	3 Qtrs
SALES MARGIN	`GrossProfit`	$55.10M	USD	1 Quarter
SALES MARGIN	`GrossProfit`	$193.20M	USD	3 Qtrs
SALES MARGIN	`GrossProfit`	$207.80M	USD	3 Qtrs
SALES MARGIN	`GrossProfit`	$85.40M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$81.80M	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$22.40M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$31.10M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$82.20M	USD	3 Qtrs
Miscellaneous - net	`OtherOperatingIncomeExpenseNet`	$15.80M	USD	3 Qtrs
Miscellaneous - net	`OtherOperatingIncomeExpenseNet`	$-19.60M	USD	1 Quarter
Miscellaneous - net	`OtherOperatingIncomeExpenseNet`	$-16.90M	USD	3 Qtrs
Miscellaneous - net	`OtherOperatingIncomeExpenseNet`	$-3.50M	USD	1 Quarter
Other operating expense	`OperatingExpenses`	$25.90M	USD	1 Quarter
Other operating expense	`OperatingExpenses`	$50.70M	USD	1 Quarter
Other operating expense	`OperatingExpenses`	$98.70M	USD	3 Qtrs
Other operating expense	`OperatingExpenses`	$66.40M	USD	3 Qtrs
OPERATING INCOME	`OperatingIncomeLoss`	$126.80M	USD	3 Qtrs
OPERATING INCOME	`OperatingIncomeLoss`	$34.70M	USD	1 Quarter
OPERATING INCOME	`OperatingIncomeLoss`	$29.20M	USD	1 Quarter
OPERATING INCOME	`OperatingIncomeLoss`	$109.10M	USD	3 Qtrs
Interest expense, net	`InterestIncomeExpenseNet`	$-48.70M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-61.70M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-168.20M	USD	3 Qtrs
Interest expense, net	`InterestIncomeExpenseNet`	$-156.20M	USD	3 Qtrs
Gain (loss) on extinguishment/restructuring of debt	`GainsLossesOnExtinguishmentOfDebt`	$79.20M	USD	1 Quarter
Gain (loss) on extinguishment/restructuring of debt	`GainsLossesOnExtinguishmentOfDebt`	$164.10M	USD	3 Qtrs
Gain (loss) on extinguishment/restructuring of debt	`GainsLossesOnExtinguishmentOfDebt`	$-18.30M	USD	1 Quarter
Gain (loss) on extinguishment/restructuring of debt	`GainsLossesOnExtinguishmentOfDebt`	$392.90M	USD	3 Qtrs
Other non-operating income (expense)	`OtherNonoperatingIncomeExpense`	$400.00K	USD	3 Qtrs
Other non-operating income (expense)	`OtherNonoperatingIncomeExpense`	$-100.00K	USD	1 Quarter
Other non-operating income (expense)	`OtherNonoperatingIncomeExpense`	$100.00K	USD	1 Quarter
Other non-operating income (expense)	`OtherNonoperatingIncomeExpense`	$-3.00M	USD	3 Qtrs
TOTAL OTHER INCOME (EXPENSE)	`NonoperatingIncomeExpense`	$221.70M	USD	3 Qtrs
TOTAL OTHER INCOME (EXPENSE)	`NonoperatingIncomeExpense`	$17.40M	USD	1 Quarter
TOTAL OTHER INCOME (EXPENSE)	`NonoperatingIncomeExpense`	$-66.90M	USD	1 Quarter
TOTAL OTHER INCOME (EXPENSE)	`NonoperatingIncomeExpense`	$8.30M	USD	3 Qtrs
INCOME (LOSS) FROM CONTINUING OPERATIONS BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-32.20M	USD	1 Quarter
INCOME (LOSS) FROM CONTINUING OPERATIONS BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$117.40M	USD	3 Qtrs
INCOME (LOSS) FROM CONTINUING OPERATIONS BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$46.60M	USD	1 Quarter
INCOME (LOSS) FROM CONTINUING OPERATIONS BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$348.50M	USD	3 Qtrs
INCOME TAX BENEFIT (EXPENSE)	`IncomeTaxExpenseBenefit`	$-1.70M	USD	3 Qtrs
INCOME TAX BENEFIT (EXPENSE)	`IncomeTaxExpenseBenefit`	$-7.10M	USD	1 Quarter
INCOME TAX BENEFIT (EXPENSE)	`IncomeTaxExpenseBenefit`	$169.90M	USD	3 Qtrs
INCOME TAX BENEFIT (EXPENSE)	`IncomeTaxExpenseBenefit`	$-3.40M	USD	1 Quarter
Income (Loss) from Equity Method Investments	`IncomeLossFromEquityMethodInvestments`	-	USD	1 Quarter
Income (Loss) from Equity Method Investments	`IncomeLossFromEquityMethodInvestments`	-	USD	3 Qtrs
Income (Loss) from Equity Method Investments	`IncomeLossFromEquityMethodInvestments`	$-100.00K	USD	1 Quarter
Income (Loss) from Equity Method Investments	`IncomeLossFromEquityMethodInvestments`	$-100.00K	USD	3 Qtrs
INCOME (LOSS) FROM CONTINUING OPERATIONS	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$178.50M	USD	3 Qtrs
INCOME (LOSS) FROM CONTINUING OPERATIONS	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$49.90M	USD	1 Quarter
INCOME (LOSS) FROM CONTINUING OPERATIONS	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-25.10M	USD	1 Quarter
INCOME (LOSS) FROM CONTINUING OPERATIONS	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$119.10M	USD	3 Qtrs
LOSS FROM DISCONTINUED OPERATIONS, NET OF TAX	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$-43.90M	USD	1 Quarter
LOSS FROM DISCONTINUED OPERATIONS, NET OF TAX	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$-2.70M	USD	1 Quarter
LOSS FROM DISCONTINUED OPERATIONS, NET OF TAX	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$-869.00M	USD	3 Qtrs
LOSS FROM DISCONTINUED OPERATIONS, NET OF TAX	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$-600.00K	USD	3 Qtrs
NET INCOME (LOSS)	`ProfitLoss`	$-690.50M	USD	3 Qtrs
NET INCOME (LOSS)	`ProfitLoss`	$6.00M	USD	1 Quarter
NET INCOME (LOSS)	`ProfitLoss`	$-27.80M	USD	1 Quarter
NET INCOME (LOSS)	`ProfitLoss`	$118.50M	USD	3 Qtrs
LOSS (INCOME) ATTRIBUTABLE TO NONCONTROLLING INTEREST	`NetIncomeLossAttributableToNoncontrollingInterest`	$-2.00M	USD	1 Quarter
LOSS (INCOME) ATTRIBUTABLE TO NONCONTROLLING INTEREST	`NetIncomeLossAttributableToNoncontrollingInterest`	$-1.50M	USD	3 Qtrs
LOSS (INCOME) ATTRIBUTABLE TO NONCONTROLLING INTEREST	`NetIncomeLossAttributableToNoncontrollingInterest`	$23.50M	USD	3 Qtrs
LOSS (INCOME) ATTRIBUTABLE TO NONCONTROLLING INTEREST	`NetIncomeLossAttributableToNoncontrollingInterest`	$-4.60M	USD	1 Quarter
NET INCOME (LOSS) ATTRIBUTABLE TO CLIFFS SHAREHOLDERS	`NetIncomeLoss`	$95.00M	USD	3 Qtrs
NET INCOME (LOSS) ATTRIBUTABLE TO CLIFFS SHAREHOLDERS	`NetIncomeLoss`	$-689.00M	USD	3 Qtrs
NET INCOME (LOSS) ATTRIBUTABLE TO CLIFFS SHAREHOLDERS	`NetIncomeLoss`	$-25.80M	USD	1 Quarter
NET INCOME (LOSS) ATTRIBUTABLE TO CLIFFS SHAREHOLDERS	`NetIncomeLoss`	$10.60M	USD	1 Quarter
PREFERRED STOCK DIVIDENDS	`DividendsPreferredStock`	$25.60M	USD	1 Quarter
PREFERRED STOCK DIVIDENDS	`DividendsPreferredStock`	$38.40M	USD	3 Qtrs
PREFERRED STOCK DIVIDENDS	`DividendsPreferredStock`	-	USD	3 Qtrs
PREFERRED STOCK DIVIDENDS	`DividendsPreferredStock`	-	USD	1 Quarter
NET INCOME (LOSS) ATTRIBUTABLE TO CLIFFS COMMON SHAREHOLDERS	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-25.80M	USD	1 Quarter
NET INCOME (LOSS) ATTRIBUTABLE TO CLIFFS COMMON SHAREHOLDERS	`NetIncomeLossAvailableToCommonStockholdersBasic`	$95.00M	USD	3 Qtrs
NET INCOME (LOSS) ATTRIBUTABLE TO CLIFFS COMMON SHAREHOLDERS	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-727.40M	USD	3 Qtrs
NET INCOME (LOSS) ATTRIBUTABLE TO CLIFFS COMMON SHAREHOLDERS	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-15.00M	USD	1 Quarter
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.51	USD	3 Qtrs
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$-0.11	USD	1 Quarter
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.87	USD	3 Qtrs
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.19	USD	1 Quarter
Discontinued operations (in dollars per share)	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare`	-	USD	3 Qtrs
Discontinued operations (in dollars per share)	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare`	$-5.62	USD	3 Qtrs
Discontinued operations (in dollars per share)	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare`	$-0.29	USD	1 Quarter
Discontinued operations (in dollars per share)	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare`	$-0.01	USD	1 Quarter
Earnings (Loss) per Common Share Attributable to Cliffs Common Shareholders - Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.10	USD	1 Quarter
Earnings (Loss) per Common Share Attributable to Cliffs Common Shareholders - Basic (in dollars per share)	`EarningsPerShareBasic`	$-4.75	USD	3 Qtrs
Earnings (Loss) per Common Share Attributable to Cliffs Common Shareholders - Basic (in dollars per share)	`EarningsPerShareBasic`	$0.51	USD	3 Qtrs
Earnings (Loss) per Common Share Attributable to Cliffs Common Shareholders - Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.12	USD	1 Quarter
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.87	USD	3 Qtrs
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.19	USD	1 Quarter
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.51	USD	3 Qtrs
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$-0.11	USD	1 Quarter
Discontinued operations (in dollars per share)	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerDilutedShare`	$-0.29	USD	1 Quarter
Discontinued operations (in dollars per share)	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerDilutedShare`	$-5.62	USD	3 Qtrs
Discontinued operations (in dollars per share)	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerDilutedShare`	-	USD	3 Qtrs
Discontinued operations (in dollars per share)	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerDilutedShare`	$-0.01	USD	1 Quarter
Earnings (Loss) per Common Share Attributable to Cliffs Common Shareholders - Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-4.75	USD	3 Qtrs
Earnings (Loss) per Common Share Attributable to Cliffs Common Shareholders - Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.51	USD	3 Qtrs
Earnings (Loss) per Common Share Attributable to Cliffs Common Shareholders - Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.12	USD	1 Quarter
Earnings (Loss) per Common Share Attributable to Cliffs Common Shareholders - Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.10	USD	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	153.20M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	206.30M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	186.50M	shares	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	153.20M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	153.20M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	153.20M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	206.30M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	188.50M	shares	3 Qtrs
CASH DIVIDENDS DECLARED PER DEPOSITARY SHARE (in dollars per share)	`PreferredStockDividendsPerShareDeclared`	$0.88	USD	1 Quarter
CASH DIVIDENDS DECLARED PER DEPOSITARY SHARE (in dollars per share)	`PreferredStockDividendsPerShareDeclared`	$1.32	USD	3 Qtrs
CASH DIVIDENDS DECLARED PER DEPOSITARY SHARE (in dollars per share)	`PreferredStockDividendsPerShareDeclared`	-	USD	3 Qtrs
CASH DIVIDENDS DECLARED PER DEPOSITARY SHARE (in dollars per share)	`PreferredStockDividendsPerShareDeclared`	-	USD	1 Quarter

Cash Flow Statement 65 line items

Line Item	Tag	Value	Unit	Period
NET INCOME (LOSS)	`ProfitLoss`	$-690.50M	USD	3 Qtrs
NET INCOME (LOSS)	`ProfitLoss`	$6.00M	USD	1 Quarter
NET INCOME (LOSS)	`ProfitLoss`	$-27.80M	USD	1 Quarter
NET INCOME (LOSS)	`ProfitLoss`	$118.50M	USD	3 Qtrs
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$88.90M	USD	3 Qtrs
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$35.60M	USD	1 Quarter
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$26.80M	USD	1 Quarter
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$99.10M	USD	3 Qtrs
Asset Impairment Charges, Cash Flows	`AssetImpairmentChargesCashFlows`	$76.60M	USD	3 Qtrs
Asset Impairment Charges, Cash Flows	`AssetImpairmentChargesCashFlows`	-	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$160.00M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	-	USD	3 Qtrs
Gain on extinguishment/restructuring of debt	`GainsLossesOnExtinguishmentOfDebt`	$79.20M	USD	1 Quarter
Gain on extinguishment/restructuring of debt	`GainsLossesOnExtinguishmentOfDebt`	$164.10M	USD	3 Qtrs
Gain on extinguishment/restructuring of debt	`GainsLossesOnExtinguishmentOfDebt`	$-18.30M	USD	1 Quarter
Gain on extinguishment/restructuring of debt	`GainsLossesOnExtinguishmentOfDebt`	$392.90M	USD	3 Qtrs
(Gain) loss on deconsolidation, net of cash deconsolidated	`LossonDeconsolidationnetofcashdeconsolidated`	$-654.80M	USD	3 Qtrs
(Gain) loss on deconsolidation, net of cash deconsolidated	`LossonDeconsolidationnetofcashdeconsolidated`	$3.20M	USD	3 Qtrs
Other	`OtherNoncashIncomeExpense`	$-9.00M	USD	3 Qtrs
Other	`OtherNoncashIncomeExpense`	$-52.70M	USD	3 Qtrs
Receivables and other assets	`IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets`	$-293.10M	USD	3 Qtrs
Receivables and other assets	`IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets`	$-137.50M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-21.60M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$76.20M	USD	3 Qtrs
Payables, accrued expenses and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-136.10M	USD	3 Qtrs
Payables, accrued expenses and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-236.20M	USD	3 Qtrs
Net cash provided (used) by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-59.50M	USD	3 Qtrs
Net cash provided (used) by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$72.10M	USD	3 Qtrs
Purchase of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$45.80M	USD	3 Qtrs
Purchase of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$57.90M	USD	3 Qtrs
Other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	$-700.00K	USD	3 Qtrs
Other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	$-6.30M	USD	3 Qtrs
Net cash used by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-57.20M	USD	3 Qtrs
Net cash used by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-39.50M	USD	3 Qtrs
Repayment of equipment loans	`RepaymentsOfOtherDebt`	$95.60M	USD	3 Qtrs
Repayment of equipment loans	`RepaymentsOfOtherDebt`	$36.90M	USD	3 Qtrs
Distributions of partnership equity	`PaymentsOfDistributionsToAffiliates`	$52.50M	USD	3 Qtrs
Distributions of partnership equity	`PaymentsOfDistributionsToAffiliates`	$31.70M	USD	3 Qtrs
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$33.60M	USD	3 Qtrs
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$5.20M	USD	3 Qtrs
Net Proceeds from Issuance of Common Shares	`ProceedsFromIssuanceOfCommonStock`	-	USD	3 Qtrs
Net Proceeds from Issuance of Common Shares	`ProceedsFromIssuanceOfCommonStock`	$287.60M	USD	3 Qtrs
Proceeds from first lien notes offering	`ProceedsFromIssuanceOfSeniorLongTermDebt`	$503.50M	USD	3 Qtrs
Proceeds from first lien notes offering	`ProceedsFromIssuanceOfSeniorLongTermDebt`	-	USD	3 Qtrs
Repurchase of debt	`PaymentsforRepurchaseofSeniorNotesDebt`	$301.00M	USD	3 Qtrs
Repurchase of debt	`PaymentsforRepurchaseofSeniorNotesDebt`	$225.90M	USD	3 Qtrs
Borrowings under credit facilities	`ProceedsFromLongTermLinesOfCredit`	$309.80M	USD	3 Qtrs
Borrowings under credit facilities	`ProceedsFromLongTermLinesOfCredit`	$105.00M	USD	3 Qtrs
Repayment under credit facilities	`RepaymentsOfLongTermLinesOfCredit`	$309.80M	USD	3 Qtrs
Repayment under credit facilities	`RepaymentsOfLongTermLinesOfCredit`	$105.00M	USD	3 Qtrs
Preferred stock dividends	`PaymentsOfDividendsPreferredStockAndPreferenceStock`	$38.40M	USD	3 Qtrs
Preferred stock dividends	`PaymentsOfDividendsPreferredStockAndPreferenceStock`	-	USD	3 Qtrs
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-19.30M	USD	3 Qtrs
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-38.80M	USD	3 Qtrs
Net cash provided (used) by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$98.20M	USD	3 Qtrs
Net cash provided (used) by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-186.00M	USD	3 Qtrs
EFFECT OF EXCHANGE RATE CHANGES ON CASH	`EffectOfExchangeRateOnCashAndCashEquivalents`	$400.00K	USD	3 Qtrs
EFFECT OF EXCHANGE RATE CHANGES ON CASH	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-2.20M	USD	3 Qtrs
DECREASE IN CASH AND CASH EQUIVALENTS	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-153.00M	USD	3 Qtrs
DECREASE IN CASH AND CASH EQUIVALENTS	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-20.70M	USD	3 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`	$285.20M	USD	Point-in-time
CASH AND CASH EQUIVALENTS AT END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$132.20M	USD	Point-in-time
CASH AND CASH EQUIVALENTS AT END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$285.20M	USD	Point-in-time
CASH AND CASH EQUIVALENTS AT END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$270.20M	USD	Point-in-time

Comprehensive Income 32 line items

Line Item	Tag	Value	Unit	Period
NET INCOME (LOSS) ATTRIBUTABLE TO CLIFFS SHAREHOLDERS	`NetIncomeLoss`	$95.00M	USD	3 Qtrs
NET INCOME (LOSS) ATTRIBUTABLE TO CLIFFS SHAREHOLDERS	`NetIncomeLoss`	$-689.00M	USD	3 Qtrs
NET INCOME (LOSS) ATTRIBUTABLE TO CLIFFS SHAREHOLDERS	`NetIncomeLoss`	$-25.80M	USD	1 Quarter
NET INCOME (LOSS) ATTRIBUTABLE TO CLIFFS SHAREHOLDERS	`NetIncomeLoss`	$10.60M	USD	1 Quarter
Changes in pension and other post-retirement benefits, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-19.00M	USD	3 Qtrs
Changes in pension and other post-retirement benefits, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-6.60M	USD	1 Quarter
Changes in pension and other post-retirement benefits, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-36.00M	USD	3 Qtrs
Changes in pension and other post-retirement benefits, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-7.10M	USD	1 Quarter
Unrealized net gain on marketable securities, net of tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$1.60M	USD	3 Qtrs
Unrealized net gain on marketable securities, net of tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$100.00K	USD	1 Quarter
Unrealized net gain on marketable securities, net of tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	-	USD	1 Quarter
Unrealized net gain on marketable securities, net of tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	-	USD	3 Qtrs
Unrealized net gain (loss) on foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$900.00K	USD	1 Quarter
Unrealized net gain (loss) on foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$157.10M	USD	3 Qtrs
Unrealized net gain (loss) on foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-11.40M	USD	1 Quarter
Unrealized net gain (loss) on foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$2.60M	USD	3 Qtrs
Unrealized net gain (loss) on derivative financial instruments, net of tax	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$9.20M	USD	1 Quarter
Unrealized net gain (loss) on derivative financial instruments, net of tax	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$700.00K	USD	1 Quarter
Unrealized net gain (loss) on derivative financial instruments, net of tax	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-2.60M	USD	3 Qtrs
Unrealized net gain (loss) on derivative financial instruments, net of tax	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$16.70M	USD	3 Qtrs
OTHER COMPREHENSIVE INCOME	`OtherComprehensiveIncomeLossNetOfTax`	$19.00M	USD	3 Qtrs
OTHER COMPREHENSIVE INCOME	`OtherComprehensiveIncomeLossNetOfTax`	$8.70M	USD	1 Quarter
OTHER COMPREHENSIVE INCOME	`OtherComprehensiveIncomeLossNetOfTax`	$4.50M	USD	1 Quarter
OTHER COMPREHENSIVE INCOME	`OtherComprehensiveIncomeLossNetOfTax`	$211.40M	USD	3 Qtrs
OTHER COMPREHENSIVE LOSS (INCOME) ATTRIBUTABLE TO THE NONCONTROLLING INTEREST	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-9.30M	USD	3 Qtrs
OTHER COMPREHENSIVE LOSS (INCOME) ATTRIBUTABLE TO THE NONCONTROLLING INTEREST	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$2.20M	USD	3 Qtrs
OTHER COMPREHENSIVE LOSS (INCOME) ATTRIBUTABLE TO THE NONCONTROLLING INTEREST	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$900.00K	USD	1 Quarter
OTHER COMPREHENSIVE LOSS (INCOME) ATTRIBUTABLE TO THE NONCONTROLLING INTEREST	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$700.00K	USD	1 Quarter
TOTAL COMPREHENSIVE INCOME (LOSS) ATTRIBUTABLE TO CLIFFS SHAREHOLDERS	`ComprehensiveIncomeNetOfTax`	$14.40M	USD	1 Quarter
TOTAL COMPREHENSIVE INCOME (LOSS) ATTRIBUTABLE TO CLIFFS SHAREHOLDERS	`ComprehensiveIncomeNetOfTax`	$-468.30M	USD	3 Qtrs
TOTAL COMPREHENSIVE INCOME (LOSS) ATTRIBUTABLE TO CLIFFS SHAREHOLDERS	`ComprehensiveIncomeNetOfTax`	$-18.00M	USD	1 Quarter
TOTAL COMPREHENSIVE INCOME (LOSS) ATTRIBUTABLE TO CLIFFS SHAREHOLDERS	`ComprehensiveIncomeNetOfTax`	$111.80M	USD	3 Qtrs

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