10-Q Filing

CLEVELAND-CLIFFS INC. CIK: 764065 Q2 2021

Filing Information

Form Type	10-Q
Accession Number	`0000764065-21-000185`
Period End Date	20210630
Filing Date	20210728
Fiscal Year	2021
Fiscal Period	Q2
XBRL Instance	clf-20210630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 87 Income Statement 100 Cash Flow Statement 60 Stockholders Equity 36 Comprehensive Income 34

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`	$112.00M	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`	$73.00M	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, 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
Accounts receivable, net	`AccountsReceivableNetCurrent`	$2.06B	USD	Point-in-time
Common shares, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.12	USD	Point-in-time
Inventories	`InventoryNet`	$4.28B	USD	Point-in-time
Inventories	`InventoryNet`	$3.83B	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$159.00M	USD	Point-in-time
Common shares, authorized (in shares)	`CommonStockSharesAuthorized`	1.20B	shares	Point-in-time
Common shares, authorized (in shares)	`CommonStockSharesAuthorized`	1.20B	shares	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
Other current assets	`OtherAssetsCurrent`	$189.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$6.57B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$5.30B	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
Common shares, issued (in shares)	`CommonStockSharesIssued`	20.00M	shares	Point-in-time
Common shares, outstanding (in shares)	`CommonStockSharesOutstanding`	477.52M	shares	Point-in-time
Common shares, outstanding (in shares)	`CommonStockSharesOutstanding`	499.70M	shares	Point-in-time
Common shares in treasury (in shares)	`TreasuryStockShares`	29.32M	shares	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$8.98B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$8.74B	USD	Point-in-time
Common shares in treasury (in shares)	`TreasuryStockShares`	7.13M	shares	Point-in-time
Goodwill	`Goodwill`	$1.07B	USD	Point-in-time
Goodwill	`Goodwill`	$1.41B	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$333.00M	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`	$787.00M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$16.77B	USD	Point-in-time
TOTAL ASSETS	`Assets`	$17.75B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.67B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.57B	USD	Point-in-time
Accrued employment costs	`EmployeeRelatedLiabilitiesCurrent`	$550.00M	USD	Point-in-time
Accrued employment costs	`EmployeeRelatedLiabilitiesCurrent`	$460.00M	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`	$620.00M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$743.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.93B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.99B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$5.37B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$5.39B	USD	Point-in-time
Pension and OPEB liabilities, non-current	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$3.84B	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`	$1.27B	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$13.47B	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$13.69B	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 - 1,200,000,000 shares (2020 - 600,000,000 shares); Issued - 506,832,537 shares (2020 -506,832,537 shares); Outstanding - 499,701,762 shares (2020 - 477,517,372 shares)	`CommonStockValueOutstanding`	$63.00M	USD	Point-in-time
Common shares - par value $0.125 per share, Authorized - 1,200,000,000 shares (2020 - 600,000,000 shares); Issued - 506,832,537 shares (2020 -506,832,537 shares); Outstanding - 499,701,762 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`	$-2.99B	USD	Point-in-time
Retained deficit	`RetainedEarningsAccumulatedDeficit`	$-2.17B	USD	Point-in-time
Cost of 7,130,775 common shares in treasury (2020 - 29,315,165 shares)	`TreasuryStockValue`	$87.00M	USD	Point-in-time
Cost of 7,130,775 common shares in treasury (2020 - 29,315,165 shares)	`TreasuryStockValue`	$354.00M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-133.00M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-120.00M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-306.00M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-319.00M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-66.00M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-317.00M	USD	Point-in-time
Total Cliffs shareholders' equity	`StockholdersEquity`	$3.23B	USD	Point-in-time
Total Cliffs shareholders' equity	`StockholdersEquity`	$2.02B	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$308.00M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$323.00M	USD	Point-in-time
TOTAL EQUITY	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.23B	USD	Point-in-time
TOTAL EQUITY	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.34B	USD	Point-in-time
TOTAL EQUITY	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.12B	USD	Point-in-time
TOTAL EQUITY	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.72B	USD	Point-in-time
TOTAL EQUITY	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$358.00M	USD	Point-in-time
TOTAL EQUITY	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.54B	USD	Point-in-time
TOTAL LIABILITIES, REDEEMABLE PREFERRED STOCK AND EQUITY	`LiabilitiesAndStockholdersEquity`	$17.75B	USD	Point-in-time
TOTAL LIABILITIES, REDEEMABLE PREFERRED STOCK AND EQUITY	`LiabilitiesAndStockholdersEquity`	$16.77B	USD	Point-in-time

Income Statement 100 line items

Line Item	Tag	Value	Unit	Period
Revenues	`Revenues`	$5.04B	USD	1 Quarter
Revenues	`Revenues`	$1.45B	USD	2 Qtrs
Revenues	`Revenues`	$9.09B	USD	2 Qtrs
Revenues	`Revenues`	$1.09B	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$3.85B	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$1.56B	USD	2 Qtrs
Cost of goods sold	`CostOfGoodsAndServicesSold`	$7.61B	USD	2 Qtrs
Cost of goods sold	`CostOfGoodsAndServicesSold`	$1.21B	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$90.00M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$104.00M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$199.00M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$62.00M	USD	1 Quarter
Acquisition-related costs	`BusinessCombinationAcquisitionRelatedCosts`	$14.00M	USD	2 Qtrs
Acquisition-related costs	`BusinessCombinationAcquisitionRelatedCosts`	$19.00M	USD	1 Quarter
Acquisition-related costs	`BusinessCombinationAcquisitionRelatedCosts`	$61.00M	USD	2 Qtrs
Acquisition-related costs	`BusinessCombinationAcquisitionRelatedCosts`	$1.00M	USD	1 Quarter
Miscellaneous net	`OtherOperatingIncomeExpenseNet`	$-12.00M	USD	1 Quarter
Miscellaneous net	`OtherOperatingIncomeExpenseNet`	$-25.00M	USD	1 Quarter
Miscellaneous net	`OtherOperatingIncomeExpenseNet`	$-24.00M	USD	2 Qtrs
Miscellaneous net	`OtherOperatingIncomeExpenseNet`	$-28.00M	USD	2 Qtrs
Total operating costs	`CostsAndExpenses`	$7.85B	USD	2 Qtrs
Total operating costs	`CostsAndExpenses`	$3.98B	USD	1 Quarter
Total operating costs	`CostsAndExpenses`	$1.74B	USD	2 Qtrs
Total operating costs	`CostsAndExpenses`	$1.30B	USD	1 Quarter
Operating income (loss)	`OperatingIncomeLoss`	$1.24B	USD	2 Qtrs
Operating income (loss)	`OperatingIncomeLoss`	$1.07B	USD	1 Quarter
Operating income (loss)	`OperatingIncomeLoss`	$-287.00M	USD	2 Qtrs
Operating income (loss)	`OperatingIncomeLoss`	$-208.00M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-177.00M	USD	2 Qtrs
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-100.00M	USD	2 Qtrs
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-85.00M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-69.00M	USD	1 Quarter
Gain (loss) on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-22.00M	USD	1 Quarter
Gain (loss) on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-88.00M	USD	2 Qtrs
Gain (loss) on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$130.00M	USD	1 Quarter
Gain (loss) on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$133.00M	USD	2 Qtrs
Net periodic benefit credits other than service cost component	`NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent`	$-46.00M	USD	1 Quarter
Net periodic benefit credits other than service cost component	`NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent`	$-21.00M	USD	2 Qtrs
Net periodic benefit credits other than service cost component	`NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent`	$-15.00M	USD	1 Quarter
Net periodic benefit credits other than service cost component	`NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent`	$-93.00M	USD	2 Qtrs
Other non-operating income	`OtherNonoperatingIncomeExpense`	$4.00M	USD	1 Quarter
Other non-operating income	`OtherNonoperatingIncomeExpense`	-	USD	1 Quarter
Other non-operating income	`OtherNonoperatingIncomeExpense`	-	USD	2 Qtrs
Other non-operating income	`OtherNonoperatingIncomeExpense`	$4.00M	USD	2 Qtrs
Total other income (expense)	`NonoperatingIncomeExpense`	$54.00M	USD	2 Qtrs
Total other income (expense)	`NonoperatingIncomeExpense`	$-57.00M	USD	1 Quarter
Total other income (expense)	`NonoperatingIncomeExpense`	$-168.00M	USD	2 Qtrs
Total other income (expense)	`NonoperatingIncomeExpense`	$76.00M	USD	1 Quarter
Income (loss) from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$1.08B	USD	2 Qtrs
Income (loss) from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-132.00M	USD	1 Quarter
Income (loss) from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-233.00M	USD	2 Qtrs
Income (loss) from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$1.01B	USD	1 Quarter
Income tax benefit (expense)	`IncomeTaxExpenseBenefit`	$216.00M	USD	1 Quarter
Income tax benefit (expense)	`IncomeTaxExpenseBenefit`	$-25.00M	USD	1 Quarter
Income tax benefit (expense)	`IncomeTaxExpenseBenefit`	$225.00M	USD	2 Qtrs
Income tax benefit (expense)	`IncomeTaxExpenseBenefit`	$-76.00M	USD	2 Qtrs
Income (loss) from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-157.00M	USD	2 Qtrs
Income (loss) from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$851.00M	USD	2 Qtrs
Income (loss) from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-107.00M	USD	1 Quarter
Income (loss) from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$794.00M	USD	1 Quarter
Income (loss) from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	-	USD	2 Qtrs
Income (loss) from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$1.00M	USD	1 Quarter
Income (loss) from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$1.00M	USD	2 Qtrs
Income (loss) from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$-1.00M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-108.00M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-157.00M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$795.00M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$852.00M	USD	2 Qtrs
Income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$15.00M	USD	1 Quarter
Income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$31.00M	USD	2 Qtrs
Income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$19.00M	USD	2 Qtrs
Income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$16.00M	USD	1 Quarter
Net income (loss) attributable to Cliffs shareholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$780.00M	USD	1 Quarter
Net income (loss) attributable to Cliffs shareholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-176.00M	USD	2 Qtrs
Net income (loss) attributable to Cliffs shareholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-124.00M	USD	1 Quarter
Net income (loss) attributable to Cliffs shareholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$821.00M	USD	2 Qtrs
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$1.48	USD	2 Qtrs
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$-0.51	USD	2 Qtrs
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$-0.31	USD	1 Quarter
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$1.40	USD	1 Quarter
Discontinued operations (in dollars per share)	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare`	-	USD	1 Quarter
Discontinued operations (in dollars per share)	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare`	-	USD	2 Qtrs
Discontinued operations (in dollars per share)	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare`	-	USD	1 Quarter
Discontinued operations (in dollars per share)	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare`	-	USD	2 Qtrs
Earnings (Loss) per Common Share - Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.51	USD	2 Qtrs
Earnings (Loss) per Common Share - Basic (in dollars per share)	`EarningsPerShareBasic`	$1.40	USD	1 Quarter
Earnings (Loss) per Common Share - Basic (in dollars per share)	`EarningsPerShareBasic`	$1.48	USD	2 Qtrs
Earnings (Loss) per Common Share - Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.31	USD	1 Quarter
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$-0.51	USD	2 Qtrs
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$1.33	USD	1 Quarter
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$-0.31	USD	1 Quarter
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$1.42	USD	2 Qtrs
Discontinued operations (in dollars per share)	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerDilutedShare`	-	USD	1 Quarter
Discontinued operations (in dollars per share)	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerDilutedShare`	-	USD	2 Qtrs
Discontinued operations (in dollars per share)	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerDilutedShare`	-	USD	2 Qtrs
Discontinued operations (in dollars per share)	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerDilutedShare`	-	USD	1 Quarter
Earnings (Loss) per Common Share - Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.31	USD	1 Quarter
Earnings (Loss) per Common Share - Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.33	USD	1 Quarter
Earnings (Loss) per Common Share - Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.42	USD	2 Qtrs
Earnings (Loss) per Common Share - Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.51	USD	2 Qtrs

Cash Flow Statement 60 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`ProfitLoss`	$-108.00M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-157.00M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$795.00M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$852.00M	USD	2 Qtrs
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$112.00M	USD	2 Qtrs
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$425.00M	USD	2 Qtrs
Amortization of inventory step-up	`AmortizationofInventoryStepup`	$118.00M	USD	2 Qtrs
Amortization of inventory step-up	`AmortizationofInventoryStepup`	$59.00M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-73.00M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$225.00M	USD	2 Qtrs
Loss (gain) on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-22.00M	USD	1 Quarter
Loss (gain) on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-88.00M	USD	2 Qtrs
Loss (gain) on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$130.00M	USD	1 Quarter
Loss (gain) on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$133.00M	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$-24.00M	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$20.00M	USD	2 Qtrs
Receivables and other assets	`IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets`	$903.00M	USD	2 Qtrs
Receivables and other assets	`IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets`	$-366.00M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$557.00M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$126.00M	USD	2 Qtrs
Pension and OPEB payments and contributions	`PensionAndOtherPostretirementBenefitContributions`	$17.00M	USD	2 Qtrs
Pension and OPEB payments and contributions	`PensionAndOtherPostretirementBenefitContributions`	$223.00M	USD	2 Qtrs
Payables, accrued expenses and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$83.00M	USD	2 Qtrs
Payables, accrued expenses and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-309.00M	USD	2 Qtrs
Net cash provided (used) by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-298.00M	USD	2 Qtrs
Net cash provided (used) by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$132.00M	USD	2 Qtrs
Purchase of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$283.00M	USD	2 Qtrs
Purchase of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$298.00M	USD	2 Qtrs
Other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	$-2.00M	USD	2 Qtrs
Other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	-	USD	2 Qtrs
Net cash used by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-242.00M	USD	2 Qtrs
Net cash used by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.15B	USD	2 Qtrs
Proceeds from issuance of common shares	`ProceedsFromIssuanceOfCommonStock`	-	USD	2 Qtrs
Proceeds from issuance of common shares	`ProceedsFromIssuanceOfCommonStock`	$322.00M	USD	2 Qtrs
Proceeds from issuance of debt	`ProceedsFromIssuanceOfSeniorLongTermDebt`	$1.00B	USD	2 Qtrs
Proceeds from issuance of debt	`ProceedsFromIssuanceOfSeniorLongTermDebt`	$1.76B	USD	2 Qtrs
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$17.00M	USD	2 Qtrs
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$58.00M	USD	2 Qtrs
Repayments of debt	`RepaymentsOfLongTermDebt`	$1.34B	USD	2 Qtrs
Repayments of debt	`RepaymentsOfLongTermDebt`	$1.00B	USD	2 Qtrs
Borrowings under credit facilities	`ProceedsFromLinesOfCredit`	$800.00M	USD	2 Qtrs
Borrowings under credit facilities	`ProceedsFromLinesOfCredit`	$2.68B	USD	2 Qtrs
Repayments under credit facilities	`RepaymentsOfLinesOfCredit`	$2.49B	USD	2 Qtrs
Repayments under credit facilities	`RepaymentsOfLinesOfCredit`	$250.00M	USD	2 Qtrs
Repayments of leased liabilities	`FinanceLeasePrincipalPayments`	$46.00M	USD	2 Qtrs
Repayments of leased liabilities	`FinanceLeasePrincipalPayments`	$5.00M	USD	2 Qtrs
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-79.00M	USD	2 Qtrs
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-39.00M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$71.00M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$1.17B	USD	2 Qtrs
Net decrease in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-39.00M	USD	2 Qtrs
Net decrease in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-279.00M	USD	2 Qtrs
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$74.00M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$353.00M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$112.00M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$73.00M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$74.00M	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`	$112.00M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$73.00M	USD	Point-in-time

Stockholders Equity 36 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`	477.52M	shares	Point-in-time
Balance, beginning of period (in shares)	`CommonStockSharesOutstanding`	499.70M	shares	Point-in-time
Balance, beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.23B	USD	Point-in-time
Balance, beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.34B	USD	Point-in-time
Balance, beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.12B	USD	Point-in-time
Balance, beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.72B	USD	Point-in-time
Balance, beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$358.00M	USD	Point-in-time
Balance, beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.54B	USD	Point-in-time
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$70.00M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-47.00M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$919.00M	USD	2 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$849.00M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-144.00M	USD	2 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-97.00M	USD	1 Quarter
Issuance of common stock	`StockIssuedDuringPeriodValueNewIssues`	$322.00M	USD	1 Quarter
Stock and other incentive plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$2.00M	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
Stock and other incentive plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$10.00M	USD	1 Quarter
Acquisition of AK Steel	`StockIssuedDuringPeriodValueAcquisitions`	$948.00M	USD	1 Quarter
Common stock dividends	`DividendsCommonStock`	$24.00M	USD	1 Quarter
Acquisition of ArcelorMittal USA - Measurement period adjustments	`NoncontrollingInterestIncreaseDecreaseFromBusinessCombinationMeasurementPeriodAdjustments`	$-13.00M	USD	1 Quarter
Acquisition of ArcelorMittal USA - Measurement period adjustments	`NoncontrollingInterestIncreaseDecreaseFromBusinessCombinationMeasurementPeriodAdjustments`	$-1.00M	USD	1 Quarter
Net distributions to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$8.00M	USD	1 Quarter
Net distributions to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$24.00M	USD	1 Quarter
Net distributions to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$18.00M	USD	1 Quarter
Net distributions to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$6.00M	USD	1 Quarter
Balance, end of period (in shares)	`CommonStockSharesOutstanding`	477.52M	shares	Point-in-time
Balance, end of period (in shares)	`CommonStockSharesOutstanding`	499.70M	shares	Point-in-time
Balance, end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.23B	USD	Point-in-time
Balance, end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.34B	USD	Point-in-time
Balance, end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.12B	USD	Point-in-time
Balance, end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.72B	USD	Point-in-time
Balance, end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$358.00M	USD	Point-in-time
Balance, end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.54B	USD	Point-in-time

Comprehensive Income 34 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`ProfitLoss`	$-108.00M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-157.00M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$795.00M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$852.00M	USD	2 Qtrs
Changes in pension and OPEB, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-14.00M	USD	2 Qtrs
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 pension and OPEB, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-12.00M	USD	2 Qtrs
Changes in foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	-	USD	1 Quarter
Changes in foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-1.00M	USD	2 Qtrs
Changes in foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	-	USD	2 Qtrs
Changes in foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$1.00M	USD	1 Quarter
Changes in derivative financial instruments, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$-4.00M	USD	1 Quarter
Changes in derivative financial instruments, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$-47.00M	USD	1 Quarter
Changes in derivative financial instruments, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$-1.00M	USD	2 Qtrs
Changes in derivative financial instruments, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$-54.00M	USD	2 Qtrs
Total other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$67.00M	USD	2 Qtrs
Total other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$13.00M	USD	2 Qtrs
Total other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$54.00M	USD	1 Quarter
Total other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$11.00M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$70.00M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-47.00M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$919.00M	USD	2 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$849.00M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-144.00M	USD	2 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-97.00M	USD	1 Quarter
Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$15.00M	USD	1 Quarter
Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$31.00M	USD	2 Qtrs
Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$19.00M	USD	2 Qtrs
Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$16.00M	USD	1 Quarter
Comprehensive income (loss) attributable to Cliffs shareholders	`ComprehensiveIncomeNetOfTax`	$834.00M	USD	1 Quarter
Comprehensive income (loss) attributable to Cliffs shareholders	`ComprehensiveIncomeNetOfTax`	$-163.00M	USD	2 Qtrs
Comprehensive income (loss) attributable to Cliffs shareholders	`ComprehensiveIncomeNetOfTax`	$888.00M	USD	2 Qtrs
Comprehensive income (loss) attributable to Cliffs shareholders	`ComprehensiveIncomeNetOfTax`	$-113.00M	USD	1 Quarter

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