10-Q Filing

CLEVELAND-CLIFFS INC. CIK: 764065 Q3 2021

Filing Information

Form Type	10-Q
Accession Number	`0000764065-21-000206`
Period End Date	20210930
Filing Date	20211026
Fiscal Year	2021
Fiscal Period	Q3
XBRL Instance	clf-20210930_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 90 Income Statement 100 Cash Flow Statement 68 Stockholders Equity 48 Comprehensive Income 36

Balance Sheet 90 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, issued (in shares)	`TemporaryEquitySharesIssued`	583,273.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$112.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$42.00M	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`	$2.35B	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
Common shares, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.12	USD	Point-in-time
Inventories	`InventoryNet`	$4.50B	USD	Point-in-time
Inventories	`InventoryNet`	$3.83B	USD	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
Common shares, authorized (in shares)	`CommonStockSharesAuthorized`	1.20B	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$189.00M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$251.00M	USD	Point-in-time
Common shares, issued (in shares)	`CommonStockSharesIssued`	506.83M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$7.15B	USD	Point-in-time
Common shares, issued (in shares)	`CommonStockSharesIssued`	20.00M	shares	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, outstanding (in shares)	`CommonStockSharesOutstanding`	500.06M	shares	Point-in-time
Common shares, outstanding (in shares)	`CommonStockSharesOutstanding`	477.52M	shares	Point-in-time
Common shares in treasury (in shares)	`TreasuryStockShares`	6.78M	shares	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$8.74B	USD	Point-in-time
Common shares in treasury (in shares)	`TreasuryStockShares`	29.32M	shares	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$8.97B	USD	Point-in-time
Goodwill	`Goodwill`	$1.07B	USD	Point-in-time
Goodwill	`Goodwill`	$1.41B	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$70.00M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$537.00M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$804.00M	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`	$18.07B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.57B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.83B	USD	Point-in-time
Accrued employment costs	`EmployeeRelatedLiabilitiesCurrent`	$592.00M	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`	$743.00M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$708.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$3.28B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.93B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$5.35B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$5.39B	USD	Point-in-time
Pension and OPEB liabilities, non-current	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$3.77B	USD	Point-in-time
Pension and OPEB liabilities, non-current	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$4.11B	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$1.37B	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$1.26B	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$13.69B	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$13.78B	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`	-	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 - 500,055,941 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 - 500,055,941 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`	$4.89B	USD	Point-in-time
Retained deficit	`RetainedEarningsAccumulatedDeficit`	$-2.99B	USD	Point-in-time
Retained deficit	`RetainedEarningsAccumulatedDeficit`	$-894.00M	USD	Point-in-time
Cost of 6,776,596 common shares in treasury (2020 - 29,315,165 shares)	`TreasuryStockValue`	$354.00M	USD	Point-in-time
Cost of 6,776,596 common shares in treasury (2020 - 29,315,165 shares)	`TreasuryStockValue`	$83.00M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-133.00M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-66.00M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-306.00M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-282.00M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$23.00M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-317.00M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-120.00M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-319.00M	USD	Point-in-time
Total Cliffs shareholders' equity	`StockholdersEquity`	$2.02B	USD	Point-in-time
Total Cliffs shareholders' equity	`StockholdersEquity`	$4.00B	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$294.00M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$323.00M	USD	Point-in-time
TOTAL EQUITY	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.12B	USD	Point-in-time
TOTAL EQUITY	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$358.00M	USD	Point-in-time
TOTAL EQUITY	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.23B	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`	$4.29B	USD	Point-in-time
TOTAL EQUITY	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.54B	USD	Point-in-time
TOTAL EQUITY	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.34B	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`	$18.07B	USD	Point-in-time

Income Statement 100 line items

Line Item	Tag	Value	Unit	Period
Revenues	`Revenues`	$3.10B	USD	3 Qtrs
Revenues	`Revenues`	$1.65B	USD	1 Quarter
Revenues	`Revenues`	$6.00B	USD	1 Quarter
Revenues	`Revenues`	$15.10B	USD	3 Qtrs
Cost of goods sold	`CostOfGoodsAndServicesSold`	$11.84B	USD	3 Qtrs
Cost of goods sold	`CostOfGoodsAndServicesSold`	$3.09B	USD	3 Qtrs
Cost of goods sold	`CostOfGoodsAndServicesSold`	$4.23B	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$1.52B	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$112.00M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$311.00M	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$59.00M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$149.00M	USD	3 Qtrs
Acquisition-related costs	`BusinessCombinationAcquisitionRelatedCosts`	$68.00M	USD	3 Qtrs
Acquisition-related costs	`BusinessCombinationAcquisitionRelatedCosts`	$18.00M	USD	3 Qtrs
Acquisition-related costs	`BusinessCombinationAcquisitionRelatedCosts`	$4.00M	USD	1 Quarter
Acquisition-related costs	`BusinessCombinationAcquisitionRelatedCosts`	$7.00M	USD	1 Quarter
Miscellaneous net	`OtherOperatingIncomeExpenseNet`	$-10.00M	USD	1 Quarter
Miscellaneous net	`OtherOperatingIncomeExpenseNet`	$-38.00M	USD	3 Qtrs
Miscellaneous net	`OtherOperatingIncomeExpenseNet`	$-17.00M	USD	1 Quarter
Miscellaneous net	`OtherOperatingIncomeExpenseNet`	$-41.00M	USD	3 Qtrs
Total operating costs	`CostsAndExpenses`	$12.21B	USD	3 Qtrs
Total operating costs	`CostsAndExpenses`	$1.61B	USD	1 Quarter
Total operating costs	`CostsAndExpenses`	$4.36B	USD	1 Quarter
Total operating costs	`CostsAndExpenses`	$3.35B	USD	3 Qtrs
Operating income (loss)	`OperatingIncomeLoss`	$1.65B	USD	1 Quarter
Operating income (loss)	`OperatingIncomeLoss`	$2.89B	USD	3 Qtrs
Operating income (loss)	`OperatingIncomeLoss`	$38.00M	USD	1 Quarter
Operating income (loss)	`OperatingIncomeLoss`	$-249.00M	USD	3 Qtrs
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-81.00M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-68.00M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-258.00M	USD	3 Qtrs
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-168.00M	USD	3 Qtrs
Gain (loss) on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Gain (loss) on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-88.00M	USD	3 Qtrs
Gain (loss) on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$133.00M	USD	3 Qtrs
Gain (loss) on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Net periodic benefit credits other than service cost component	`NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent`	$-30.00M	USD	3 Qtrs
Net periodic benefit credits other than service cost component	`NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent`	$-9.00M	USD	1 Quarter
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`	$-139.00M	USD	3 Qtrs
Other non-operating income	`OtherNonoperatingIncomeExpense`	$1.00M	USD	1 Quarter
Other non-operating income	`OtherNonoperatingIncomeExpense`	$5.00M	USD	3 Qtrs
Other non-operating income	`OtherNonoperatingIncomeExpense`	$1.00M	USD	1 Quarter
Other non-operating income	`OtherNonoperatingIncomeExpense`	$1.00M	USD	3 Qtrs
Total other expense	`NonoperatingIncomeExpense`	$-58.00M	USD	1 Quarter
Total other expense	`NonoperatingIncomeExpense`	$-34.00M	USD	1 Quarter
Total other expense	`NonoperatingIncomeExpense`	$-202.00M	USD	3 Qtrs
Total other expense	`NonoperatingIncomeExpense`	$-4.00M	USD	3 Qtrs
Income (loss) from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$2.69B	USD	3 Qtrs
Income (loss) from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-20.00M	USD	1 Quarter
Income (loss) from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-253.00M	USD	3 Qtrs
Income (loss) from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.61B	USD	1 Quarter
Income tax benefit (expense)	`IncomeTaxExpenseBenefit`	$559.00M	USD	3 Qtrs
Income tax benefit (expense)	`IncomeTaxExpenseBenefit`	$334.00M	USD	1 Quarter
Income tax benefit (expense)	`IncomeTaxExpenseBenefit`	$-98.00M	USD	3 Qtrs
Income tax benefit (expense)	`IncomeTaxExpenseBenefit`	$-22.00M	USD	1 Quarter
Income (loss) from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-155.00M	USD	3 Qtrs
Income (loss) from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$1.28B	USD	1 Quarter
Income (loss) from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$2.00M	USD	1 Quarter
Income (loss) from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$2.13B	USD	3 Qtrs
Income from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	-	USD	1 Quarter
Income from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$2.00M	USD	3 Qtrs
Income from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	-	USD	3 Qtrs
Income from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$1.00M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$2.00M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$2.13B	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$-155.00M	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$1.28B	USD	1 Quarter
Income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$8.00M	USD	1 Quarter
Income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$12.00M	USD	1 Quarter
Income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$31.00M	USD	3 Qtrs
Income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$39.00M	USD	3 Qtrs
Net income (loss) attributable to Cliffs shareholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-186.00M	USD	3 Qtrs
Net income (loss) attributable to Cliffs shareholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$1.27B	USD	1 Quarter
Net income (loss) attributable to Cliffs shareholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$2.10B	USD	3 Qtrs
Net income (loss) attributable to Cliffs shareholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-10.00M	USD	1 Quarter
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$-0.02	USD	1 Quarter
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$3.87	USD	3 Qtrs
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$2.46	USD	1 Quarter
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$-0.51	USD	3 Qtrs
Discontinued operations (in dollars per share)	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare`	-	USD	1 Quarter
Discontinued operations (in dollars per share)	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare`	-	USD	3 Qtrs
Discontinued operations (in dollars per share)	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare`	-	USD	3 Qtrs
Discontinued operations (in dollars per share)	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare`	-	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`	$2.46	USD	1 Quarter
Earnings (Loss) per Common Share - Basic (in dollars per share)	`EarningsPerShareBasic`	$3.87	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`	$3.69	USD	3 Qtrs
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$2.33	USD	1 Quarter
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$-0.02	USD	1 Quarter
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$-0.51	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`	$3.69	USD	3 Qtrs
Earnings (Loss) per Common Share - Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.02	USD	1 Quarter
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`	$2.33	USD	1 Quarter

Cash Flow Statement 68 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`ProfitLoss`	$2.00M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$2.13B	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$-155.00M	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$1.28B	USD	1 Quarter
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$664.00M	USD	3 Qtrs
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$184.00M	USD	3 Qtrs
Amortization of inventory step-up	`AmortizationofInventoryStepup`	$74.00M	USD	3 Qtrs
Amortization of inventory step-up	`AmortizationofInventoryStepup`	$129.00M	USD	3 Qtrs
Changes in deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$1.00M	USD	3 Qtrs
Changes in deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-46.00M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-90.00M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$557.00M	USD	3 Qtrs
Pension and OPEB credits	`PensionAndOtherPostretirementBenefitsExpenseReversalOfExpenseNoncash`	$-59.00M	USD	3 Qtrs
Pension and OPEB credits	`PensionAndOtherPostretirementBenefitsExpenseReversalOfExpenseNoncash`	$-11.00M	USD	3 Qtrs
Loss (gain) on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Loss (gain) on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-88.00M	USD	3 Qtrs
Loss (gain) on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$133.00M	USD	3 Qtrs
Loss (gain) on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Gain on derivatives	`UnrealizedGainLossOnDerivativesAndCommodityContracts`	$19.00M	USD	3 Qtrs
Gain on derivatives	`UnrealizedGainLossOnDerivativesAndCommodityContracts`	-	USD	3 Qtrs
Other	`OtherNoncashIncomeExpense`	$-79.00M	USD	3 Qtrs
Other	`OtherNoncashIncomeExpense`	$-47.00M	USD	3 Qtrs
Receivables and other assets	`IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets`	$-260.00M	USD	3 Qtrs
Receivables and other assets	`IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets`	$1.18B	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$4.00M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$793.00M	USD	3 Qtrs
Pension and OPEB payments and contributions	`PensionAndOtherPostretirementBenefitContributions`	$31.00M	USD	3 Qtrs
Pension and OPEB payments and contributions	`PensionAndOtherPostretirementBenefitContributions`	$279.00M	USD	3 Qtrs
Payables, accrued expenses and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-127.00M	USD	3 Qtrs
Payables, accrued expenses and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$302.00M	USD	3 Qtrs
Net cash provided (used) by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.65B	USD	3 Qtrs
Net cash provided (used) by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-51.00M	USD	3 Qtrs
Purchase of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$473.00M	USD	3 Qtrs
Purchase of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$379.00M	USD	3 Qtrs
Other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	$-5.00M	USD	3 Qtrs
Other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	$-8.00M	USD	3 Qtrs
Net cash used by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.24B	USD	3 Qtrs
Net cash used by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-414.00M	USD	3 Qtrs
Series B Redeemable Preferred Stock redemption	`PaymentsForRepurchaseOfRedeemablePreferredStock`	-	USD	3 Qtrs
Series B Redeemable Preferred Stock redemption	`PaymentsForRepurchaseOfRedeemablePreferredStock`	$1.34B	USD	3 Qtrs
Proceeds from issuance of common shares	`ProceedsFromIssuanceOfCommonStock`	-	USD	3 Qtrs
Proceeds from issuance of common shares	`ProceedsFromIssuanceOfCommonStock`	$322.00M	USD	3 Qtrs
Proceeds from issuance of debt	`ProceedsFromIssuanceOfSeniorLongTermDebt`	$1.76B	USD	3 Qtrs
Proceeds from issuance of debt	`ProceedsFromIssuanceOfSeniorLongTermDebt`	$1.00B	USD	3 Qtrs
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$58.00M	USD	3 Qtrs
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$17.00M	USD	3 Qtrs
Repayments of debt	`RepaymentsOfLongTermDebt`	$1.00B	USD	3 Qtrs
Repayments of debt	`RepaymentsOfLongTermDebt`	$1.35B	USD	3 Qtrs
Borrowings under credit facilities	`ProceedsFromLinesOfCredit`	$4.35B	USD	3 Qtrs
Borrowings under credit facilities	`ProceedsFromLinesOfCredit`	$800.00M	USD	3 Qtrs
Repayments under credit facilities	`RepaymentsOfLinesOfCredit`	$400.00M	USD	3 Qtrs
Repayments under credit facilities	`RepaymentsOfLinesOfCredit`	$4.16B	USD	3 Qtrs
Repayments of leased liabilities	`FinanceLeasePrincipalPayments`	$9.00M	USD	3 Qtrs
Repayments of leased liabilities	`FinanceLeasePrincipalPayments`	$70.00M	USD	3 Qtrs
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$14.00M	USD	3 Qtrs
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-54.00M	USD	3 Qtrs
Net cash provided (used) by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$994.00M	USD	3 Qtrs
Net cash provided (used) by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-1.30B	USD	3 Qtrs
Net decrease in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-70.00M	USD	3 Qtrs
Net decrease in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-297.00M	USD	3 Qtrs
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$56.00M	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`	$42.00M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$353.00M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$56.00M	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`	$42.00M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$353.00M	USD	Point-in-time

Stockholders Equity 48 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`	500.06M	shares	Point-in-time
Balance, beginning of period (in shares)	`CommonStockSharesOutstanding`	477.52M	shares	Point-in-time
Balance, beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.12B	USD	Point-in-time
Balance, beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$358.00M	USD	Point-in-time
Balance, beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.23B	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`	$4.29B	USD	Point-in-time
Balance, beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.54B	USD	Point-in-time
Balance, beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.34B	USD	Point-in-time
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-97.00M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$2.29B	USD	3 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$849.00M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$26.00M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-47.00M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-118.00M	USD	3 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$1.37B	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$70.00M	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`	$9.00M	USD	1 Quarter
Stock and other incentive plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$4.00M	USD	1 Quarter
Stock and other incentive plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$10.00M	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
Preferred Stock Redemption Premium	`PreferredStockRedemptionPremium`	$605.00M	USD	1 Quarter
Adjustments to Additional Paid in Capital, Equity Component of Convertible Debt	`AdjustmentsToAdditionalPaidInCapitalEquityComponentOfConvertibleDebt`	$-4.00M	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`	$-1.00M	USD	1 Quarter
Acquisition of ArcelorMittal USA - Measurement period adjustments	`NoncontrollingInterestIncreaseDecreaseFromBusinessCombinationMeasurementPeriodAdjustments`	$-13.00M	USD	1 Quarter
Net distributions to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$22.00M	USD	1 Quarter
Net distributions to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$8.00M	USD	1 Quarter
Net distributions to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$6.00M	USD	1 Quarter
Net distributions to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$24.00M	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
Balance, end of period (in shares)	`CommonStockSharesOutstanding`	500.06M	shares	Point-in-time
Balance, end of period (in shares)	`CommonStockSharesOutstanding`	477.52M	shares	Point-in-time
Balance, end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.12B	USD	Point-in-time
Balance, end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$358.00M	USD	Point-in-time
Balance, end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.23B	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`	$4.29B	USD	Point-in-time
Balance, end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.54B	USD	Point-in-time
Balance, end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.34B	USD	Point-in-time

Comprehensive Income 36 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`ProfitLoss`	$2.00M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$2.13B	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$-155.00M	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$1.28B	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`	$-6.00M	USD	1 Quarter
Changes in pension and OPEB, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-18.00M	USD	3 Qtrs
Changes in pension and OPEB, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-20.00M	USD	3 Qtrs
Changes in foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$2.00M	USD	3 Qtrs
Changes in foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	-	USD	1 Quarter
Changes in foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$2.00M	USD	1 Quarter
Changes in foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-1.00M	USD	3 Qtrs
Changes in derivative financial instruments, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$-83.00M	USD	1 Quarter
Changes in derivative financial instruments, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$-16.00M	USD	1 Quarter
Changes in derivative financial instruments, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$-17.00M	USD	3 Qtrs
Changes in derivative financial instruments, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$-137.00M	USD	3 Qtrs
Total other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$24.00M	USD	1 Quarter
Total other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$89.00M	USD	1 Quarter
Total other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$37.00M	USD	3 Qtrs
Total other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$156.00M	USD	3 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-97.00M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$2.29B	USD	3 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$849.00M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$26.00M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-47.00M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-118.00M	USD	3 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$1.37B	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$70.00M	USD	1 Quarter
Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$39.00M	USD	3 Qtrs
Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$12.00M	USD	1 Quarter
Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$8.00M	USD	1 Quarter
Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$31.00M	USD	3 Qtrs
Comprehensive income (loss) attributable to Cliffs shareholders	`ComprehensiveIncomeNetOfTax`	$14.00M	USD	1 Quarter
Comprehensive income (loss) attributable to Cliffs shareholders	`ComprehensiveIncomeNetOfTax`	$1.36B	USD	1 Quarter
Comprehensive income (loss) attributable to Cliffs shareholders	`ComprehensiveIncomeNetOfTax`	$-149.00M	USD	3 Qtrs
Comprehensive income (loss) attributable to Cliffs shareholders	`ComprehensiveIncomeNetOfTax`	$2.25B	USD	3 Qtrs

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