10-Q Filing

CLEVELAND-CLIFFS INC. CIK: 764065 Q3 2020

Filing Information

Form Type	10-Q
Accession Number	`0000764065-20-000231`
Period End Date	20200930
Filing Date	20201023
Fiscal Year	2020
Fiscal Period	Q3
XBRL Instance	clf-20200930_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 91 Income Statement 108 Cash Flow Statement 66 Stockholders Equity 50 Comprehensive Income 36

Balance Sheet 91 line items

Line Item	Tag	Value	Unit	Period
Common shares, par value	`CommonStockParOrStatedValuePerShare`	$0.12	USD	Point-in-time
Common shares, authorized (in shares)	`CommonStockSharesAuthorized`	600.00M	shares	Point-in-time
Common shares, authorized (in shares)	`CommonStockSharesAuthorized`	600.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$352.60M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$56.00M	USD	Point-in-time
Common shares, issued (in shares)	`CommonStockSharesIssued`	428.65M	shares	Point-in-time
Common shares, issued (in shares)	`CommonStockSharesIssued`	301.89M	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$94.00M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$653.70M	USD	Point-in-time
Common shares, outstanding (in shares)	`CommonStockSharesOutstanding`	399.23M	shares	Point-in-time
Common shares, outstanding (in shares)	`CommonStockSharesOutstanding`	270.08M	shares	Point-in-time
Inventories	`InventoryNet`	$317.40M	USD	Point-in-time
Common shares in treasury (in shares)	`TreasuryStockShares`	31.80M	shares	Point-in-time
Inventories	`InventoryNet`	$1.80B	USD	Point-in-time
Common shares in treasury (in shares)	`TreasuryStockShares`	29.42M	shares	Point-in-time
Income tax receivable, current	`IncomeTaxesReceivable`	$58.60M	USD	Point-in-time
Income tax receivable, current	`IncomeTaxesReceivable`	$9.00M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$115.00M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$75.30M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.63B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$897.90M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$1.93B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$4.55B	USD	Point-in-time
Goodwill	`Goodwill`	$2.10M	USD	Point-in-time
Goodwill	`Goodwill`	$144.00M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$48.10M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$190.10M	USD	Point-in-time
Income tax receivable, non-current	`IncomeTaxesReceivableNoncurrent`	-	USD	Point-in-time
Income tax receivable, non-current	`IncomeTaxesReceivableNoncurrent`	$62.70M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$459.50M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$519.50M	USD	Point-in-time
Right-of-use asset, operating lease	`OperatingLeaseRightOfUseAsset`	$207.70M	USD	Point-in-time
Right-of-use asset, operating lease	`OperatingLeaseRightOfUseAsset`	$11.70M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$92.80M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$240.10M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$3.50B	USD	Point-in-time
TOTAL ASSETS	`Assets`	$8.48B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$710.70M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$193.20M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$279.40M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$126.30M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$89.90M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$224.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$409.40M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.21B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$4.31B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$2.11B	USD	Point-in-time
Operating lease liability, non-current	`OperatingLeaseLiabilityNoncurrent`	$10.50M	USD	Point-in-time
Operating lease liability, non-current	`OperatingLeaseLiabilityNoncurrent`	$174.10M	USD	Point-in-time
Intangible liabilities, net	`IntangibleLiabilityNet`	-	USD	Point-in-time
Intangible liabilities, net	`IntangibleLiabilityNet`	$65.90M	USD	Point-in-time
Pension and OPEB liabilities	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$1.13B	USD	Point-in-time
Pension and OPEB liabilities	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$311.50M	USD	Point-in-time
Asset retirement obligations	`AssetRetirementObligationsNoncurrent`	$182.00M	USD	Point-in-time
Asset retirement obligations	`AssetRetirementObligationsNoncurrent`	$163.20M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$280.70M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$137.50M	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$7.36B	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$3.15B	USD	Point-in-time
Commitments and contingencies (See Note 18)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (See Note 18)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common shares - par value $0.125 per share, Authorized - 600,000,000 shares (2019 - 600,000,000 shares); Issued - 428,645,866 shares (2019 - 301,886,794 shares); Outstanding - 399,229,917 shares (2019 - 270,084,005 shares)	`CommonStockValueOutstanding`	$53.60M	USD	Point-in-time
Common shares - par value $0.125 per share, Authorized - 600,000,000 shares (2019 - 600,000,000 shares); Issued - 428,645,866 shares (2019 - 301,886,794 shares); Outstanding - 399,229,917 shares (2019 - 270,084,005 shares)	`CommonStockValueOutstanding`	$37.70M	USD	Point-in-time
Capital in excess of par value of shares	`AdditionalPaidInCapital`	$4.45B	USD	Point-in-time
Capital in excess of par value of shares	`AdditionalPaidInCapital`	$3.87B	USD	Point-in-time
Retained deficit	`RetainedEarningsAccumulatedDeficit`	$-3.05B	USD	Point-in-time
Retained deficit	`RetainedEarningsAccumulatedDeficit`	$-2.84B	USD	Point-in-time
Cost of 29,415,949 common shares in treasury (2019 - 31,802,789 shares)	`TreasuryStockValue`	$390.70M	USD	Point-in-time
Cost of 29,415,949 common shares in treasury (2019 - 31,802,789 shares)	`TreasuryStockValue`	$354.80M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-283.90M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-275.50M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-282.00M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-271.80M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-318.80M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-317.10M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-265.60M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-305.90M	USD	Point-in-time
Total Cliffs shareholders' equity	`StockholdersEquity`	$810.60M	USD	Point-in-time
Total Cliffs shareholders' equity	`StockholdersEquity`	$357.90M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$313.10M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	-	USD	Point-in-time
TOTAL EQUITY	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.23B	USD	Point-in-time
TOTAL EQUITY	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$359.90M	USD	Point-in-time
TOTAL EQUITY	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$357.90M	USD	Point-in-time
TOTAL EQUITY	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.12B	USD	Point-in-time
TOTAL EQUITY	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$285.60M	USD	Point-in-time
TOTAL EQUITY	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$261.70M	USD	Point-in-time
TOTAL EQUITY	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.12B	USD	Point-in-time
TOTAL EQUITY	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$424.20M	USD	Point-in-time
TOTAL LIABILITIES AND EQUITY	`LiabilitiesAndStockholdersEquity`	$8.48B	USD	Point-in-time
TOTAL LIABILITIES AND EQUITY	`LiabilitiesAndStockholdersEquity`	$3.50B	USD	Point-in-time

Income Statement 108 line items

Line Item	Tag	Value	Unit	Period
Revenues	`RevenuesExcludingDeferredRevenueRevenueRecognized`	$555.60M	USD	1 Quarter
Revenues	`RevenuesExcludingDeferredRevenueRevenueRecognized`	$1.65B	USD	1 Quarter
Revenues	`RevenuesExcludingDeferredRevenueRevenueRecognized`	$1.46B	USD	3 Qtrs
Revenues	`RevenuesExcludingDeferredRevenueRevenueRecognized`	$3.06B	USD	3 Qtrs
Realization of deferred revenue	`DeferredRevenueRevenueRecognized1`	-	USD	3 Qtrs
Realization of deferred revenue	`DeferredRevenueRevenueRecognized1`	-	USD	1 Quarter
Realization of deferred revenue	`DeferredRevenueRevenueRecognized1`	-	USD	1 Quarter
Realization of deferred revenue	`DeferredRevenueRevenueRecognized1`	$34.60M	USD	3 Qtrs
Cost of goods sold	`CostOfGoodsAndServicesSold`	$3.09B	USD	3 Qtrs
Cost of goods sold	`CostOfGoodsAndServicesSold`	$1.01B	USD	3 Qtrs
Cost of goods sold	`CostOfGoodsAndServicesSold`	$400.70M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$1.53B	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$82.20M	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$149.20M	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$59.60M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$25.50M	USD	1 Quarter
Acquisition-related costs	`BusinessCombinationAcquisitionRelatedCosts`	$7.50M	USD	1 Quarter
Acquisition-related costs	`BusinessCombinationAcquisitionRelatedCosts`	-	USD	1 Quarter
Acquisition-related costs	`BusinessCombinationAcquisitionRelatedCosts`	$68.40M	USD	3 Qtrs
Acquisition-related costs	`BusinessCombinationAcquisitionRelatedCosts`	-	USD	3 Qtrs
Miscellaneous net	`OtherOperatingIncomeExpenseNet`	$-15.50M	USD	1 Quarter
Miscellaneous net	`OtherOperatingIncomeExpenseNet`	$-7.80M	USD	1 Quarter
Miscellaneous net	`OtherOperatingIncomeExpenseNet`	$-19.00M	USD	3 Qtrs
Miscellaneous net	`OtherOperatingIncomeExpenseNet`	$-40.50M	USD	3 Qtrs
Total operating costs	`CostsAndExpenses`	$434.00M	USD	1 Quarter
Total operating costs	`CostsAndExpenses`	$1.11B	USD	3 Qtrs
Total operating costs	`CostsAndExpenses`	$3.35B	USD	3 Qtrs
Total operating costs	`CostsAndExpenses`	$1.61B	USD	1 Quarter
Operating income (loss)	`OperatingIncomeLoss`	$38.00M	USD	1 Quarter
Operating income (loss)	`OperatingIncomeLoss`	$-249.20M	USD	3 Qtrs
Operating income (loss)	`OperatingIncomeLoss`	$347.60M	USD	3 Qtrs
Operating income (loss)	`OperatingIncomeLoss`	$121.60M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-68.20M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-167.90M	USD	3 Qtrs
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-25.30M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-76.50M	USD	3 Qtrs
Gain (loss) on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Gain (loss) on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$132.60M	USD	3 Qtrs
Gain (loss) on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-18.20M	USD	3 Qtrs
Gain (loss) on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Other non-operating income	`OtherNonoperatingIncomeExpense`	$31.20M	USD	3 Qtrs
Other non-operating income	`OtherNonoperatingIncomeExpense`	$10.00M	USD	1 Quarter
Other non-operating income	`OtherNonoperatingIncomeExpense`	$1.30M	USD	3 Qtrs
Other non-operating income	`OtherNonoperatingIncomeExpense`	$300.00K	USD	1 Quarter
Total other expense	`NonoperatingIncomeExpense`	$-58.20M	USD	1 Quarter
Total other expense	`NonoperatingIncomeExpense`	$-93.40M	USD	3 Qtrs
Total other expense	`NonoperatingIncomeExpense`	$-4.10M	USD	3 Qtrs
Total other expense	`NonoperatingIncomeExpense`	$-25.00M	USD	1 Quarter
Income (loss) from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$96.60M	USD	1 Quarter
Income (loss) from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$254.20M	USD	3 Qtrs
Income (loss) from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-253.30M	USD	3 Qtrs
Income (loss) from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-20.20M	USD	1 Quarter
Income tax benefit (expense)	`IncomeTaxExpenseBenefit`	$-22.40M	USD	1 Quarter
Income tax benefit (expense)	`IncomeTaxExpenseBenefit`	$-98.50M	USD	3 Qtrs
Income tax benefit (expense)	`IncomeTaxExpenseBenefit`	$4.80M	USD	1 Quarter
Income tax benefit (expense)	`IncomeTaxExpenseBenefit`	$23.10M	USD	3 Qtrs
Income (loss) from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$231.10M	USD	3 Qtrs
Income (loss) from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-154.80M	USD	3 Qtrs
Income (loss) from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$91.80M	USD	1 Quarter
Income (loss) from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$2.20M	USD	1 Quarter
Loss from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$-900.00K	USD	1 Quarter
Loss from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$-300.00K	USD	1 Quarter
Loss from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	-	USD	3 Qtrs
Loss from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$-1.50M	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$90.90M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-154.80M	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$1.90M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$229.60M	USD	3 Qtrs
Income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$11.90M	USD	1 Quarter
Income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	3 Qtrs
Income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$31.20M	USD	3 Qtrs
Income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	1 Quarter
Net income (loss) attributable to Cliffs shareholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-186.00M	USD	3 Qtrs
Net income (loss) attributable to Cliffs shareholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-10.00M	USD	1 Quarter
Net income (loss) attributable to Cliffs shareholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$90.90M	USD	1 Quarter
Net income (loss) attributable to Cliffs shareholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$229.60M	USD	3 Qtrs
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.34	USD	1 Quarter
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.83	USD	3 Qtrs
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$-0.51	USD	3 Qtrs
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$-0.02	USD	1 Quarter
Discontinued operations (in dollars per share)	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare`	$-0.01	USD	3 Qtrs
Discontinued operations (in dollars per share)	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare`	-	USD	3 Qtrs
Discontinued operations (in dollars per share)	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare`	-	USD	1 Quarter
Discontinued operations (in dollars per share)	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare`	-	USD	1 Quarter
Earnings (Loss) per Common Share - Basic (in dollars per share)	`EarningsPerShareBasic`	$0.82	USD	3 Qtrs
Earnings (Loss) per Common Share - Basic (in dollars per share)	`EarningsPerShareBasic`	$0.34	USD	1 Quarter
Earnings (Loss) per Common Share - Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.51	USD	3 Qtrs
Earnings (Loss) per Common Share - Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.02	USD	1 Quarter
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$-0.51	USD	3 Qtrs
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$-0.02	USD	1 Quarter
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.33	USD	1 Quarter
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.80	USD	3 Qtrs
Discontinued operations (in dollars per share)	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerDilutedShare`	-	USD	3 Qtrs
Discontinued operations (in dollars per share)	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerDilutedShare`	-	USD	3 Qtrs
Discontinued operations (in dollars per share)	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerDilutedShare`	-	USD	1 Quarter
Discontinued operations (in dollars per share)	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerDilutedShare`	-	USD	1 Quarter
Earnings (Loss) per Common Share - Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.33	USD	1 Quarter
Earnings (Loss) per Common Share - Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.80	USD	3 Qtrs
Earnings (Loss) per Common Share - Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.51	USD	3 Qtrs
Earnings (Loss) per Common Share - Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.02	USD	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	399.40M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	365.25M	shares	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	269.96M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	278.42M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	287.75M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	276.58M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	365.25M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	399.40M	shares	1 Quarter

Cash Flow Statement 66 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`ProfitLoss`	$90.90M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-154.80M	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$1.90M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$229.60M	USD	3 Qtrs
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$63.10M	USD	3 Qtrs
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$183.90M	USD	3 Qtrs
Amortization of inventory step-up	`AmortizationofInventoryStepup`	$74.00M	USD	3 Qtrs
Amortization of inventory step-up	`AmortizationofInventoryStepup`	-	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-89.90M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$22.70M	USD	3 Qtrs
Loss (gain) on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Loss (gain) on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$132.60M	USD	3 Qtrs
Loss (gain) on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-18.20M	USD	3 Qtrs
Loss (gain) on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Loss (gain) on derivatives	`UnrealizedGainLossOnDerivativesAndCommodityContracts`	$19.10M	USD	3 Qtrs
Loss (gain) on derivatives	`UnrealizedGainLossOnDerivativesAndCommodityContracts`	$-48.40M	USD	3 Qtrs
Other	`OtherNoncashIncomeExpense`	$-49.40M	USD	3 Qtrs
Other	`OtherNoncashIncomeExpense`	$13.00M	USD	3 Qtrs
Receivables and other assets	`IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets`	$-174.10M	USD	3 Qtrs
Receivables and other assets	`IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets`	$-259.80M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$147.00M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$4.20M	USD	3 Qtrs
Payables, accrued expenses and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-70.40M	USD	3 Qtrs
Payables, accrued expenses and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-157.30M	USD	3 Qtrs
Net cash provided (used) by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$388.10M	USD	3 Qtrs
Net cash provided (used) by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-53.20M	USD	3 Qtrs
Purchase of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$460.70M	USD	3 Qtrs
Purchase of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$378.90M	USD	3 Qtrs
Acquisition of AK Steel, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$869.30M	USD	3 Qtrs
Acquisition of AK Steel, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	3 Qtrs
Other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	$-8.00M	USD	3 Qtrs
Other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	$-11.20M	USD	3 Qtrs
Net cash used by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-449.50M	USD	3 Qtrs
Net cash used by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.24B	USD	3 Qtrs
Repurchase of common shares	`PaymentsForRepurchaseOfCommonStock`	-	USD	3 Qtrs
Repurchase of common shares	`PaymentsForRepurchaseOfCommonStock`	$252.90M	USD	3 Qtrs
Proceeds from issuance of debt	`ProceedsFromIssuanceOfSeniorLongTermDebt`	$720.90M	USD	3 Qtrs
Proceeds from issuance of debt	`ProceedsFromIssuanceOfSeniorLongTermDebt`	$1.76B	USD	3 Qtrs
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$6.80M	USD	3 Qtrs
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$57.50M	USD	3 Qtrs
Repurchase of debt	`RepaymentsOfLongTermDebt`	$729.30M	USD	3 Qtrs
Repurchase of debt	`RepaymentsOfLongTermDebt`	$999.50M	USD	3 Qtrs
Borrowings under credit facilities	`ProceedsFromLinesOfCredit`	$800.00M	USD	3 Qtrs
Borrowings under credit facilities	`ProceedsFromLinesOfCredit`	-	USD	3 Qtrs
Repayments under credit facilities	`RepaymentsOfLinesOfCredit`	$400.00M	USD	3 Qtrs
Repayments under credit facilities	`RepaymentsOfLinesOfCredit`	-	USD	3 Qtrs
Dividends paid	`PaymentsOfDividends`	$45.10M	USD	3 Qtrs
Dividends paid	`PaymentsOfDividends`	$40.80M	USD	3 Qtrs
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-53.70M	USD	3 Qtrs
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-23.30M	USD	3 Qtrs
Net cash provided (used) by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$994.20M	USD	3 Qtrs
Net cash provided (used) by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-366.90M	USD	3 Qtrs
Decrease in cash and cash equivalents, including cash classified within other current assets related to discontinued operations	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-428.30M	USD	3 Qtrs
Decrease in cash and cash equivalents, including cash classified within other current assets related to discontinued operations	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-299.20M	USD	3 Qtrs
Less: decrease in cash and cash equivalents from discontinued operations, classified within other current assets	`NetCashProvidedByUsedInDiscontinuedOperations`	$-4.40M	USD	3 Qtrs
Less: decrease in cash and cash equivalents from discontinued operations, classified within other current assets	`NetCashProvidedByUsedInDiscontinuedOperations`	$-2.60M	USD	3 Qtrs
Net decrease in cash and cash equivalents	`NetCashProvidedByUsedInContinuingOperations`	$-296.60M	USD	3 Qtrs
Net decrease in cash and cash equivalents	`NetCashProvidedByUsedInContinuingOperations`	$-423.90M	USD	3 Qtrs
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$399.30M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$352.60M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$56.00M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$823.20M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$399.30M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$352.60M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$56.00M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$823.20M	USD	Point-in-time

Stockholders Equity 50 line items

Line Item	Tag	Value	Unit	Period
Balance, beginning of period (in shares)	`CommonStockSharesOutstanding`	399.23M	shares	Point-in-time
Balance, beginning of period (in shares)	`CommonStockSharesOutstanding`	270.08M	shares	Point-in-time
Balance, beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.23B	USD	Point-in-time
Balance, beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$359.90M	USD	Point-in-time
Balance, beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$357.90M	USD	Point-in-time
Balance, beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.12B	USD	Point-in-time
Balance, beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$285.60M	USD	Point-in-time
Balance, beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$261.70M	USD	Point-in-time
Balance, beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.12B	USD	Point-in-time
Balance, beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$424.20M	USD	Point-in-time
Comprehensive Income (Loss), Net of Tax, Attributable to Parent	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-96.90M	USD	1 Quarter
Comprehensive Income (Loss), Net of Tax, Attributable to Parent	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$247.90M	USD	3 Qtrs
Comprehensive Income (Loss), Net of Tax, Attributable to Parent	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-46.90M	USD	1 Quarter
Comprehensive Income (Loss), Net of Tax, Attributable to Parent	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-13.70M	USD	1 Quarter
Comprehensive Income (Loss), Net of Tax, Attributable to Parent	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$164.50M	USD	1 Quarter
Comprehensive Income (Loss), Net of Tax, Attributable to Parent	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$97.10M	USD	1 Quarter
Comprehensive Income (Loss), Net of Tax, Attributable to Parent	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$25.80M	USD	1 Quarter
Comprehensive Income (Loss), Net of Tax, Attributable to Parent	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-118.00M	USD	3 Qtrs
Shares Issued, Value, Share-based Payment Arrangement, after Forfeiture	`StockIssuedDuringPeriodValueShareBasedCompensation`	$3.80M	USD	1 Quarter
Shares Issued, Value, Share-based Payment Arrangement, after Forfeiture	`StockIssuedDuringPeriodValueShareBasedCompensation`	$-10.00M	USD	1 Quarter
Shares Issued, Value, Share-based Payment Arrangement, after Forfeiture	`StockIssuedDuringPeriodValueShareBasedCompensation`	$4.60M	USD	1 Quarter
Shares Issued, Value, Share-based Payment Arrangement, after Forfeiture	`StockIssuedDuringPeriodValueShareBasedCompensation`	$2.10M	USD	1 Quarter
Shares Issued, Value, Share-based Payment Arrangement, after Forfeiture	`StockIssuedDuringPeriodValueShareBasedCompensation`	$4.50M	USD	1 Quarter
Shares Issued, Value, Share-based Payment Arrangement, after Forfeiture	`StockIssuedDuringPeriodValueShareBasedCompensation`	$2.50M	USD	1 Quarter
Stock Issued During Period, Value, Acquisitions	`StockIssuedDuringPeriodValueAcquisitions`	$947.40M	USD	1 Quarter
Noncontrolling Interest, Decrease from Distributions to Noncontrolling Interest Holders	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$5.50M	USD	1 Quarter
Noncontrolling Interest, Decrease from Distributions to Noncontrolling Interest Holders	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$24.10M	USD	1 Quarter
Noncontrolling Interest, Decrease from Distributions to Noncontrolling Interest Holders	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$18.30M	USD	1 Quarter
Stock Repurchased During Period, Shares	`StockRepurchasedDuringPeriodShares`	24.40M	shares	3 Qtrs
Common Share Repurchases, Value	`StockRepurchasedDuringPeriodValue`	$128.60M	USD	1 Quarter
Common Share Repurchases, Value	`StockRepurchasedDuringPeriodValue`	$124.30M	USD	1 Quarter
Dividends, Common Stock	`DividendsCommonStock`	$16.60M	USD	1 Quarter
Dividends, Common Stock	`DividendsCommonStock`	$14.50M	USD	1 Quarter
Dividends, Common Stock	`DividendsCommonStock`	$100.00K	USD	1 Quarter
Dividends, Common Stock	`DividendsCommonStock`	$27.30M	USD	1 Quarter
Dividends, Common Stock	`DividendsCommonStock`	$24.00M	USD	1 Quarter
Balance, end of period (in shares)	`CommonStockSharesOutstanding`	399.23M	shares	Point-in-time
Balance, end of period (in shares)	`CommonStockSharesOutstanding`	270.08M	shares	Point-in-time
Balance, end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.23B	USD	Point-in-time
Balance, end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$359.90M	USD	Point-in-time
Balance, end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$357.90M	USD	Point-in-time
Balance, end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.12B	USD	Point-in-time
Balance, end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$285.60M	USD	Point-in-time
Balance, end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$261.70M	USD	Point-in-time
Balance, end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.12B	USD	Point-in-time
Balance, end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$424.20M	USD	Point-in-time
Common Stock, Dividends, Per Share, Declared	`CommonStockDividendsPerShareDeclared`	$0.06	USD	1 Quarter
Common Stock, Dividends, Per Share, Declared	`CommonStockDividendsPerShareDeclared`	$0.05	USD	1 Quarter
Common Stock, Dividends, Per Share, Declared	`CommonStockDividendsPerShareDeclared`	$0.06	USD	1 Quarter
Common Stock, Dividends, Per Share, Declared	`CommonStockDividendsPerShareDeclared`	$0.10	USD	1 Quarter

Comprehensive Income 36 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`ProfitLoss`	$90.90M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-154.80M	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$1.90M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$229.60M	USD	3 Qtrs
Changes in pension and OPEB, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-18.20M	USD	3 Qtrs
Changes in pension and OPEB, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-5.80M	USD	1 Quarter
Changes in pension and OPEB, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-17.30M	USD	3 Qtrs
Changes in pension and OPEB, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-6.60M	USD	1 Quarter
Changes in foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	-	USD	3 Qtrs
Changes in foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$1.60M	USD	1 Quarter
Changes in foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$1.40M	USD	3 Qtrs
Changes in foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	-	USD	1 Quarter
Changes in derivative financial instruments, net of tax	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$1.00M	USD	3 Qtrs
Changes in derivative financial instruments, net of tax	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$17.20M	USD	3 Qtrs
Changes in derivative financial instruments, net of tax	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$15.70M	USD	1 Quarter
Changes in derivative financial instruments, net of tax	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$400.00K	USD	1 Quarter
Total other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$23.90M	USD	1 Quarter
Total other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$36.80M	USD	3 Qtrs
Total other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$18.30M	USD	3 Qtrs
Total other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$6.20M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-96.90M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$247.90M	USD	3 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-46.90M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-13.70M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$164.50M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$97.10M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$25.80M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-118.00M	USD	3 Qtrs
Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$11.90M	USD	1 Quarter
Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$31.20M	USD	3 Qtrs
Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	-	USD	1 Quarter
Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	-	USD	3 Qtrs
Comprehensive income (loss) attributable to Cliffs shareholders	`ComprehensiveIncomeNetOfTax`	$13.90M	USD	1 Quarter
Comprehensive income (loss) attributable to Cliffs shareholders	`ComprehensiveIncomeNetOfTax`	$97.10M	USD	1 Quarter
Comprehensive income (loss) attributable to Cliffs shareholders	`ComprehensiveIncomeNetOfTax`	$-149.20M	USD	3 Qtrs
Comprehensive income (loss) attributable to Cliffs shareholders	`ComprehensiveIncomeNetOfTax`	$247.90M	USD	3 Qtrs

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