10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0000764065-21-000131 |
| Period End Date | 20210331 |
| Filing Date | 20210428 |
| Fiscal Year | 2021 |
| Fiscal Period | Q1 |
| XBRL Instance | clf-20210331_htm.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
87 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Series B Participating Redeemable Preferred Stock, par value (in dollars per share) |
TemporaryEquityParOrStatedValuePerShare
|
- | USD | Point-in-time |
| Series B Participating Redeemable Preferred Stock, authorized (in shares) |
TemporaryEquitySharesAuthorized
|
583,273.00 | shares | Point-in-time |
| Series B Participating Redeemable Preferred Stock, authorized (in shares) |
TemporaryEquitySharesAuthorized
|
583,273.00 | shares | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$110.00M | USD | Point-in-time |
| Series B Participating Redeemable Preferred Stock, issued (in shares) |
TemporaryEquitySharesIssued
|
583,273.00 | shares | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$112.00M | USD | Point-in-time |
| Series B Participating Redeemable Preferred Stock, issued (in shares) |
TemporaryEquitySharesIssued
|
583,273.00 | shares | Point-in-time |
| Accounts receivable, net |
AccountsReceivableNetCurrent
|
$1.66B | USD | Point-in-time |
| Series B Participating Redeemable Preferred Stock, outstanding (in shares) |
TemporaryEquitySharesOutstanding
|
583,273.00 | shares | Point-in-time |
| Series B Participating Redeemable Preferred Stock, outstanding (in shares) |
TemporaryEquitySharesOutstanding
|
583,273.00 | shares | Point-in-time |
| Accounts receivable, net |
AccountsReceivableNetCurrent
|
$1.17B | USD | Point-in-time |
| Inventories |
InventoryNet
|
$3.93B | USD | Point-in-time |
| Common shares, par value (in dollars per share) |
CommonStockParOrStatedValuePerShare
|
$0.12 | USD | Point-in-time |
| Inventories |
InventoryNet
|
$3.83B | USD | Point-in-time |
| Common shares, authorized (in shares) |
CommonStockSharesAuthorized
|
600.00M | shares | Point-in-time |
| Other current assets |
OtherAssetsCurrent
|
$189.00M | USD | Point-in-time |
| Common shares, authorized (in shares) |
CommonStockSharesAuthorized
|
600.00M | shares | Point-in-time |
| Other current assets |
OtherAssetsCurrent
|
$160.00M | USD | Point-in-time |
| Common shares, issued (in shares) |
CommonStockSharesIssued
|
506.83M | shares | Point-in-time |
| Common shares, issued (in shares) |
CommonStockSharesIssued
|
506.83M | shares | Point-in-time |
| Total current assets |
AssetsCurrent
|
$5.86B | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$5.30B | USD | Point-in-time |
| Common shares, issued (in shares) |
CommonStockSharesIssued
|
20.00M | shares | Point-in-time |
| Common shares, outstanding (in shares) |
CommonStockSharesOutstanding
|
499.21M | shares | Point-in-time |
| Common shares, outstanding (in shares) |
CommonStockSharesOutstanding
|
477.52M | shares | Point-in-time |
| Common shares in treasury (in shares) |
TreasuryStockShares
|
29.32M | shares | Point-in-time |
| Common shares in treasury (in shares) |
TreasuryStockShares
|
7.62M | shares | Point-in-time |
| Property, plant and equipment, net |
PropertyPlantAndEquipmentNet
|
$9.01B | USD | Point-in-time |
| Property, plant and equipment, net |
PropertyPlantAndEquipmentNet
|
$8.74B | USD | Point-in-time |
| Goodwill |
Goodwill
|
$994.00M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$1.41B | USD | Point-in-time |
| Deferred income taxes |
DeferredIncomeTaxAssetsNet
|
$562.00M | USD | Point-in-time |
| Deferred income taxes |
DeferredIncomeTaxAssetsNet
|
$537.00M | USD | Point-in-time |
| Other non-current assets |
OtherAssetsNoncurrent
|
$787.00M | USD | Point-in-time |
| Other non-current assets |
OtherAssetsNoncurrent
|
$784.00M | USD | Point-in-time |
| TOTAL ASSETS |
Assets
|
$16.77B | USD | Point-in-time |
| TOTAL ASSETS |
Assets
|
$17.21B | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$1.57B | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$1.74B | USD | Point-in-time |
| Accrued employment costs |
EmployeeRelatedLiabilitiesCurrent
|
$460.00M | USD | Point-in-time |
| Accrued employment costs |
EmployeeRelatedLiabilitiesCurrent
|
$465.00M | USD | Point-in-time |
| Pension and OPEB liabilities, current |
PostemploymentBenefitsLiabilityCurrent
|
$151.00M | USD | Point-in-time |
| Pension and OPEB liabilities, current |
PostemploymentBenefitsLiabilityCurrent
|
$151.00M | USD | Point-in-time |
| Other current liabilities |
OtherLiabilitiesCurrent
|
$743.00M | USD | Point-in-time |
| Other current liabilities |
OtherLiabilitiesCurrent
|
$574.00M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$2.93B | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$2.93B | USD | Point-in-time |
| Long-term debt |
LongTermDebtNoncurrent
|
$5.39B | USD | Point-in-time |
| Long-term debt |
LongTermDebtNoncurrent
|
$5.73B | USD | Point-in-time |
| Pension and OPEB liabilities, non-current |
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
|
$3.92B | USD | Point-in-time |
| Pension and OPEB liabilities, non-current |
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
|
$4.11B | USD | Point-in-time |
| Other non-current liabilities |
OtherLiabilitiesNoncurrent
|
$1.26B | USD | Point-in-time |
| Other non-current liabilities |
OtherLiabilitiesNoncurrent
|
$1.18B | USD | Point-in-time |
| TOTAL LIABILITIES |
Liabilities
|
$13.69B | USD | Point-in-time |
| TOTAL LIABILITIES |
Liabilities
|
$13.76B | 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 |
| Series B Participating Redeemable Preferred Stock - no par value |
TemporaryEquityCarryingAmountAttributableToParent
|
$738.00M | USD | Point-in-time |
| Series B Participating Redeemable Preferred Stock - no par value |
TemporaryEquityCarryingAmountAttributableToParent
|
$738.00M | USD | Point-in-time |
| Common shares - par value $0.125 per share, Authorized - 600,000,000 shares (2020 - 600,000,000 shares); Issued - 506,832,537 shares (2020 -506,832,537 shares); Outstanding - 499,214,434 shares (2020 - 477,517,372 shares) |
CommonStockValueOutstanding
|
$63.00M | USD | Point-in-time |
| Common shares - par value $0.125 per share, Authorized - 600,000,000 shares (2020 - 600,000,000 shares); Issued - 506,832,537 shares (2020 -506,832,537 shares); Outstanding - 499,214,434 shares (2020 - 477,517,372 shares) |
CommonStockValueOutstanding
|
$63.00M | USD | Point-in-time |
| Capital in excess of par value of shares |
AdditionalPaidInCapital
|
$5.43B | USD | Point-in-time |
| Capital in excess of par value of shares |
AdditionalPaidInCapital
|
$5.49B | USD | Point-in-time |
| Retained deficit |
RetainedEarningsAccumulatedDeficit
|
$-2.95B | USD | Point-in-time |
| Retained deficit |
RetainedEarningsAccumulatedDeficit
|
$-2.99B | USD | Point-in-time |
| Cost of 7,618,103 common shares in treasury (2020 - 29,315,165 shares) |
TreasuryStockValue
|
$354.00M | USD | Point-in-time |
| Cost of 7,618,103 common shares in treasury (2020 - 29,315,165 shares) |
TreasuryStockValue
|
$93.00M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-120.00M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-133.00M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-317.00M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-319.00M | USD | Point-in-time |
| Total Cliffs shareholders' equity |
StockholdersEquity
|
$2.02B | USD | Point-in-time |
| Total Cliffs shareholders' equity |
StockholdersEquity
|
$2.39B | USD | Point-in-time |
| Noncontrolling interest |
MinorityInterest
|
$323.00M | USD | Point-in-time |
| Noncontrolling interest |
MinorityInterest
|
$330.00M | USD | Point-in-time |
| TOTAL EQUITY |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$2.34B | USD | Point-in-time |
| TOTAL EQUITY |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$2.72B | USD | Point-in-time |
| TOTAL EQUITY |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$1.23B | USD | Point-in-time |
| TOTAL EQUITY |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$358.00M | USD | Point-in-time |
| TOTAL LIABILITIES, REDEEMABLE PREFERRED STOCK AND EQUITY |
LiabilitiesAndStockholdersEquity
|
$16.77B | USD | Point-in-time |
| TOTAL LIABILITIES, REDEEMABLE PREFERRED STOCK AND EQUITY |
LiabilitiesAndStockholdersEquity
|
$17.21B | USD | Point-in-time |
| Series B Participating Redeemable Preferred Stock, issued (in shares) |
TemporaryEquitySharesIssued
|
583,273.00 | shares | Point-in-time |
| Series B Participating Redeemable Preferred Stock, issued (in shares) |
TemporaryEquitySharesIssued
|
583,273.00 | shares | Point-in-time |
| Series B Participating Redeemable Preferred Stock, authorized (in shares) |
TemporaryEquitySharesAuthorized
|
583,273.00 | shares | Point-in-time |
| Series B Participating Redeemable Preferred Stock, authorized (in shares) |
TemporaryEquitySharesAuthorized
|
583,273.00 | shares | Point-in-time |
| Series B Participating Redeemable Preferred Stock, outstanding (in shares) |
TemporaryEquitySharesOutstanding
|
583,273.00 | shares | Point-in-time |
| Series B Participating Redeemable Preferred Stock, outstanding (in shares) |
TemporaryEquitySharesOutstanding
|
583,273.00 | shares | Point-in-time |
Income Statement
48 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Revenues |
Revenues
|
$359.00M | USD | 1 Quarter |
| Revenues |
Revenues
|
$4.05B | USD | 1 Quarter |
| Cost of goods sold |
CostOfGoodsAndServicesSold
|
$356.00M | USD | 1 Quarter |
| Cost of goods sold |
CostOfGoodsAndServicesSold
|
$3.76B | USD | 1 Quarter |
| Selling, general and administrative expenses |
SellingGeneralAndAdministrativeExpense
|
$95.00M | USD | 1 Quarter |
| Selling, general and administrative expenses |
SellingGeneralAndAdministrativeExpense
|
$28.00M | USD | 1 Quarter |
| Acquisition-related costs |
BusinessCombinationAcquisitionRelatedCosts
|
$42.00M | USD | 1 Quarter |
| Acquisition-related costs |
BusinessCombinationAcquisitionRelatedCosts
|
$13.00M | USD | 1 Quarter |
| Miscellaneous net |
OtherOperatingIncomeExpenseNet
|
$-3.00M | USD | 1 Quarter |
| Miscellaneous net |
OtherOperatingIncomeExpenseNet
|
$-12.00M | USD | 1 Quarter |
| Total operating costs |
CostsAndExpenses
|
$3.87B | USD | 1 Quarter |
| Total operating costs |
CostsAndExpenses
|
$438.00M | USD | 1 Quarter |
| Operating income (loss) |
OperatingIncomeLoss
|
$177.00M | USD | 1 Quarter |
| Operating income (loss) |
OperatingIncomeLoss
|
$-79.00M | USD | 1 Quarter |
| Interest expense, net |
InterestIncomeExpenseNonoperatingNet
|
$-92.00M | USD | 1 Quarter |
| Interest expense, net |
InterestIncomeExpenseNonoperatingNet
|
$-31.00M | USD | 1 Quarter |
| Gain (loss) on extinguishment of debt |
GainsLossesOnExtinguishmentOfDebt
|
$3.00M | USD | 1 Quarter |
| Gain (loss) on extinguishment of debt |
GainsLossesOnExtinguishmentOfDebt
|
$-66.00M | USD | 1 Quarter |
| Net periodic benefit credits other than service cost component |
NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent
|
$-47.00M | USD | 1 Quarter |
| Net periodic benefit credits other than service cost component |
NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent
|
$-6.00M | USD | 1 Quarter |
| Total other expense |
NonoperatingIncomeExpense
|
$-22.00M | USD | 1 Quarter |
| Total other expense |
NonoperatingIncomeExpense
|
$-111.00M | USD | 1 Quarter |
| Income (loss) from continuing operations before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$-101.00M | USD | 1 Quarter |
| Income (loss) from continuing operations before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$66.00M | USD | 1 Quarter |
| Income tax benefit (expense) |
IncomeTaxExpenseBenefit
|
$-51.00M | USD | 1 Quarter |
| Income tax benefit (expense) |
IncomeTaxExpenseBenefit
|
$9.00M | USD | 1 Quarter |
| Income (loss) from continuing operations |
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
$-50.00M | USD | 1 Quarter |
| Income (loss) from continuing operations |
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
$57.00M | USD | 1 Quarter |
| Income from discontinued operations, net of tax |
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
|
- | USD | 1 Quarter |
| Income from discontinued operations, net of tax |
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
|
$1.00M | USD | 1 Quarter |
| Net income (loss) |
ProfitLoss
|
$57.00M | USD | 1 Quarter |
| Net income (loss) |
ProfitLoss
|
$-49.00M | USD | 1 Quarter |
| Income attributable to noncontrolling interest |
NetIncomeLossAttributableToNoncontrollingInterest
|
$3.00M | USD | 1 Quarter |
| Income attributable to noncontrolling interest |
NetIncomeLossAttributableToNoncontrollingInterest
|
$16.00M | USD | 1 Quarter |
| Net income (loss) attributable to Cliffs shareholders |
NetIncomeLossAvailableToCommonStockholdersBasic
|
$-52.00M | USD | 1 Quarter |
| Net income (loss) attributable to Cliffs shareholders |
NetIncomeLossAvailableToCommonStockholdersBasic
|
$41.00M | USD | 1 Quarter |
| Continuing operations (in dollars per share) |
IncomeLossFromContinuingOperationsPerBasicShare
|
$0.08 | USD | 1 Quarter |
| Continuing operations (in dollars per share) |
IncomeLossFromContinuingOperationsPerBasicShare
|
$-0.18 | USD | 1 Quarter |
| 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
|
$-0.18 | USD | 1 Quarter |
| Earnings (Loss) per Common Share - Basic (in dollars per share) |
EarningsPerShareBasic
|
$0.08 | USD | 1 Quarter |
| Continuing operations (in dollars per share) |
IncomeLossFromContinuingOperationsPerDilutedShare
|
$-0.18 | USD | 1 Quarter |
| Continuing operations (in dollars per share) |
IncomeLossFromContinuingOperationsPerDilutedShare
|
$0.07 | USD | 1 Quarter |
| 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
|
$-0.18 | USD | 1 Quarter |
| Earnings (Loss) per Common Share - Diluted (in dollars per share) |
EarningsPerShareDiluted
|
$0.07 | USD | 1 Quarter |
Cash Flow Statement
58 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income (loss) |
ProfitLoss
|
$57.00M | USD | 1 Quarter |
| Net income (loss) |
ProfitLoss
|
$-49.00M | USD | 1 Quarter |
| Depreciation, depletion and amortization |
DepreciationDepletionAndAmortization
|
$217.00M | USD | 1 Quarter |
| Depreciation, depletion and amortization |
DepreciationDepletionAndAmortization
|
$35.00M | USD | 1 Quarter |
| Amortization of inventory step-up |
AmortizationofInventoryStepup
|
$81.00M | USD | 1 Quarter |
| Amortization of inventory step-up |
AmortizationofInventoryStepup
|
$23.00M | USD | 1 Quarter |
| Changes in deferred revenue |
IncreaseDecreaseInDeferredRevenue
|
$-48.00M | USD | 1 Quarter |
| Changes in deferred revenue |
IncreaseDecreaseInDeferredRevenue
|
$-3.00M | USD | 1 Quarter |
| Deferred income taxes |
DeferredIncomeTaxExpenseBenefit
|
$10.00M | USD | 1 Quarter |
| Deferred income taxes |
DeferredIncomeTaxExpenseBenefit
|
$-48.00M | USD | 1 Quarter |
| Loss (gain) on extinguishment of debt |
GainsLossesOnExtinguishmentOfDebt
|
$3.00M | USD | 1 Quarter |
| Loss (gain) on extinguishment of debt |
GainsLossesOnExtinguishmentOfDebt
|
$-66.00M | USD | 1 Quarter |
| Other |
OtherNoncashIncomeExpense
|
$-51.00M | USD | 1 Quarter |
| Other |
OtherNoncashIncomeExpense
|
$2.00M | USD | 1 Quarter |
| Receivables and other assets |
IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets
|
$480.00M | USD | 1 Quarter |
| Receivables and other assets |
IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets
|
$-254.00M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$172.00M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$267.00M | USD | 1 Quarter |
| Pension and OPEB payments and contributions |
PensionAndOtherPostretirementBenefitContributions
|
$175.00M | USD | 1 Quarter |
| Pension and OPEB payments and contributions |
PensionAndOtherPostretirementBenefitContributions
|
$13.00M | USD | 1 Quarter |
| Payables, accrued expenses and other liabilities |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$22.00M | USD | 1 Quarter |
| Payables, accrued expenses and other liabilities |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$-99.00M | USD | 1 Quarter |
| Net cash used by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-379.00M | USD | 1 Quarter |
| Net cash used by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-164.00M | USD | 1 Quarter |
| Purchase of property, plant and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$138.00M | USD | 1 Quarter |
| Purchase of property, plant and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$136.00M | USD | 1 Quarter |
| Acquisition of AK Steel, net of cash acquired |
PaymentsToAcquireBusinessesNetOfCashAcquired
|
$869.00M | USD | 1 Quarter |
| Acquisition of AK Steel, net of cash acquired |
PaymentsToAcquireBusinessesNetOfCashAcquired
|
- | USD | 1 Quarter |
| Other investing activities |
PaymentsForProceedsFromOtherInvestingActivities
|
$-1.00M | USD | 1 Quarter |
| Other investing activities |
PaymentsForProceedsFromOtherInvestingActivities
|
- | USD | 1 Quarter |
| Net cash used by investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-135.00M | USD | 1 Quarter |
| Net cash used by investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-1.01B | USD | 1 Quarter |
| Proceeds from issuance of common shares |
ProceedsFromIssuanceOfCommonStock
|
$322.00M | USD | 1 Quarter |
| Proceeds from issuance of common shares |
ProceedsFromIssuanceOfCommonStock
|
- | USD | 1 Quarter |
| Proceeds from issuance of debt |
ProceedsFromIssuanceOfSeniorLongTermDebt
|
$716.00M | USD | 1 Quarter |
| Proceeds from issuance of debt |
ProceedsFromIssuanceOfSeniorLongTermDebt
|
$1.00B | USD | 1 Quarter |
| Debt issuance costs |
PaymentsOfDebtIssuanceCosts
|
$16.00M | USD | 1 Quarter |
| Debt issuance costs |
PaymentsOfDebtIssuanceCosts
|
$44.00M | USD | 1 Quarter |
| Repayments of debt |
RepaymentsOfLongTermDebt
|
$902.00M | USD | 1 Quarter |
| Repayments of debt |
RepaymentsOfLongTermDebt
|
$430.00M | USD | 1 Quarter |
| Borrowings under credit facilities |
ProceedsFromLinesOfCredit
|
$800.00M | USD | 1 Quarter |
| Borrowings under credit facilities |
ProceedsFromLinesOfCredit
|
$1.16B | USD | 1 Quarter |
| Repayments under credit facilities |
RepaymentsOfLinesOfCredit
|
$1.01B | USD | 1 Quarter |
| Repayments under credit facilities |
RepaymentsOfLinesOfCredit
|
- | USD | 1 Quarter |
| Other financing activities |
ProceedsFromPaymentsForOtherFinancingActivities
|
$-37.00M | USD | 1 Quarter |
| Other financing activities |
ProceedsFromPaymentsForOtherFinancingActivities
|
$-40.00M | USD | 1 Quarter |
| Net cash provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$1.00B | USD | 1 Quarter |
| Net cash provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$512.00M | USD | 1 Quarter |
| Net decrease in cash and cash equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$-166.00M | USD | 1 Quarter |
| Net decrease in cash and cash equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$-2.00M | USD | 1 Quarter |
| Cash and cash equivalents at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$353.00M | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$110.00M | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$187.00M | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$112.00M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$353.00M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$110.00M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$187.00M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$112.00M | USD | Point-in-time |
Stockholders Equity
23 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Common stock dividends (in dollars per share) |
CommonStockDividendsPerShareDeclared
|
$0.06 | USD | 1 Quarter |
| Balance, beginning of period (in shares) |
CommonStockSharesOutstanding
|
499.21M | shares | Point-in-time |
| Balance, beginning of period (in shares) |
CommonStockSharesOutstanding
|
477.52M | shares | Point-in-time |
| Balance, beginning of period |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$2.34B | USD | Point-in-time |
| Balance, beginning of period |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$2.72B | USD | Point-in-time |
| Balance, beginning of period |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$1.23B | USD | Point-in-time |
| Balance, beginning of period |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$358.00M | USD | Point-in-time |
| Comprehensive income (loss) |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$70.00M | USD | 1 Quarter |
| Comprehensive income (loss) |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$-47.00M | USD | 1 Quarter |
| Issuance of common stock |
StockIssuedDuringPeriodValueNewIssues
|
$322.00M | USD | 1 Quarter |
| Stock and other incentive plans |
StockIssuedDuringPeriodValueShareBasedCompensation
|
$-5.00M | USD | 1 Quarter |
| Stock and other incentive plans |
StockIssuedDuringPeriodValueShareBasedCompensation
|
$2.00M | USD | 1 Quarter |
| Acquisition of AK Steel |
StockIssuedDuringPeriodValueAcquisitions
|
$948.00M | USD | 1 Quarter |
| Acquisition of ArcelorMittal USA - Measurement period adjustments |
NoncontrollingInterestIncreaseDecreaseFromBusinessCombinationMeasurementPeriodAdjustments
|
$-1.00M | USD | 1 Quarter |
| Net distributions to noncontrolling interests |
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
$6.00M | USD | 1 Quarter |
| Net distributions to noncontrolling interests |
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
$8.00M | USD | 1 Quarter |
| Common stock dividends |
DividendsCommonStock
|
$24.00M | USD | 1 Quarter |
| Balance, end of period (in shares) |
CommonStockSharesOutstanding
|
499.21M | shares | Point-in-time |
| Balance, end of period (in shares) |
CommonStockSharesOutstanding
|
477.52M | shares | Point-in-time |
| Balance, end of period |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$2.34B | USD | Point-in-time |
| Balance, end of period |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$2.72B | USD | Point-in-time |
| Balance, end of period |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$1.23B | USD | Point-in-time |
| Balance, end of period |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$358.00M | USD | Point-in-time |
Comprehensive Income
16 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income (loss) |
ProfitLoss
|
$57.00M | USD | 1 Quarter |
| Net income (loss) |
ProfitLoss
|
$-49.00M | USD | 1 Quarter |
| Changes in pension and OPEB, net of tax |
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
$-6.00M | USD | 1 Quarter |
| Changes in pension and OPEB, net of tax |
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
$-7.00M | USD | 1 Quarter |
| Changes in foreign currency translation |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$-1.00M | USD | 1 Quarter |
| Changes in foreign currency translation |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$-1.00M | USD | 1 Quarter |
| Changes in derivative financial instruments, net of tax |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
|
$3.00M | USD | 1 Quarter |
| Changes in derivative financial instruments, net of tax |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
|
$-7.00M | USD | 1 Quarter |
| Total other comprehensive income |
OtherComprehensiveIncomeLossNetOfTax
|
$2.00M | USD | 1 Quarter |
| Total other comprehensive income |
OtherComprehensiveIncomeLossNetOfTax
|
$13.00M | USD | 1 Quarter |
| Comprehensive income (loss) |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$70.00M | USD | 1 Quarter |
| Comprehensive income (loss) |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$-47.00M | USD | 1 Quarter |
| Comprehensive income attributable to noncontrolling interests |
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
$16.00M | USD | 1 Quarter |
| Comprehensive income attributable to noncontrolling interests |
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
$3.00M | USD | 1 Quarter |
| Comprehensive income (loss) attributable to Cliffs shareholders |
ComprehensiveIncomeNetOfTax
|
$-50.00M | USD | 1 Quarter |
| Comprehensive income (loss) attributable to Cliffs shareholders |
ComprehensiveIncomeNetOfTax
|
$54.00M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.