10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0000764065-23-000083 |
| Period End Date | 20230331 |
| Filing Date | 20230426 |
| Fiscal Year | 2023 |
| Fiscal Period | Q1 |
| XBRL Instance | clf-20230331_htm.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
74 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Common shares, par value (in dollars per share) |
CommonStockParOrStatedValuePerShare
|
$0.12 | 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, issued (in shares) |
CommonStockSharesIssued
|
531.05M | shares | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$59.00M | USD | Point-in-time |
| Common shares, issued (in shares) |
CommonStockSharesIssued
|
531.05M | shares | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$26.00M | USD | Point-in-time |
| Accounts receivable, net |
AccountsReceivableNetCurrent
|
$1.96B | USD | Point-in-time |
| Common shares, outstanding (in shares) |
CommonStockSharesOutstanding
|
513.34M | shares | Point-in-time |
| Accounts receivable, net |
AccountsReceivableNetCurrent
|
$2.22B | USD | Point-in-time |
| Common shares, outstanding (in shares) |
CommonStockSharesOutstanding
|
515.05M | shares | Point-in-time |
| Inventories |
InventoryNet
|
$4.92B | USD | Point-in-time |
| Common shares in treasury (in shares) |
TreasuryStockShares
|
17.71M | shares | Point-in-time |
| Common shares in treasury (in shares) |
TreasuryStockShares
|
16.00M | shares | Point-in-time |
| Inventories |
InventoryNet
|
$5.13B | USD | Point-in-time |
| Other current assets |
OtherAssetsCurrent
|
$306.00M | USD | Point-in-time |
| Other current assets |
OtherAssetsCurrent
|
$246.00M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$7.42B | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$7.44B | USD | Point-in-time |
| Property, plant and equipment, net |
PropertyPlantAndEquipmentNet
|
$8.95B | USD | Point-in-time |
| Property, plant and equipment, net |
PropertyPlantAndEquipmentNet
|
$9.07B | USD | Point-in-time |
| Goodwill |
Goodwill
|
$1.13B | USD | Point-in-time |
| Goodwill |
Goodwill
|
$1.13B | USD | Point-in-time |
| Pension and OPEB, asset |
DefinedBenefitPlanAssetsForPlanBenefitsNoncurrent
|
$356.00M | USD | Point-in-time |
| Pension and OPEB, asset |
DefinedBenefitPlanAssetsForPlanBenefitsNoncurrent
|
$370.00M | USD | Point-in-time |
| Other non-current assets |
OtherAssetsNoncurrent
|
$777.00M | USD | Point-in-time |
| Other non-current assets |
OtherAssetsNoncurrent
|
$758.00M | USD | Point-in-time |
| TOTAL ASSETS |
Assets
|
$18.75B | USD | Point-in-time |
| TOTAL ASSETS |
Assets
|
$18.65B | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$2.19B | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$2.17B | USD | Point-in-time |
| Accrued employment costs |
EmployeeRelatedLiabilitiesCurrent
|
$429.00M | USD | Point-in-time |
| Accrued employment costs |
EmployeeRelatedLiabilitiesCurrent
|
$388.00M | USD | Point-in-time |
| Accrued expenses |
AccruedLiabilitiesCurrent
|
$271.00M | USD | Point-in-time |
| Accrued expenses |
AccruedLiabilitiesCurrent
|
$383.00M | USD | Point-in-time |
| Other current liabilities |
OtherLiabilitiesCurrent
|
$551.00M | USD | Point-in-time |
| Other current liabilities |
OtherLiabilitiesCurrent
|
$628.00M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$3.46B | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$3.55B | USD | Point-in-time |
| Long-term debt |
LongTermDebtNoncurrent
|
$4.25B | USD | Point-in-time |
| Long-term debt |
LongTermDebtNoncurrent
|
$4.56B | USD | Point-in-time |
| Pension liability, non-current |
DefinedBenefitPensionPlanLiabilitiesNoncurrent
|
$465.00M | USD | Point-in-time |
| Pension liability, non-current |
DefinedBenefitPensionPlanLiabilitiesNoncurrent
|
$473.00M | USD | Point-in-time |
| OPEB liability, non-current |
OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent
|
$585.00M | USD | Point-in-time |
| OPEB liability, non-current |
OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent
|
$572.00M | USD | Point-in-time |
| Deferred income taxes |
DeferredTaxAndOtherLiabilitiesNoncurrent
|
$590.00M | USD | Point-in-time |
| Deferred income taxes |
DeferredTaxAndOtherLiabilitiesNoncurrent
|
$527.00M | USD | Point-in-time |
| Other non-current liabilities |
OtherLiabilitiesNoncurrent
|
$1.28B | USD | Point-in-time |
| Other non-current liabilities |
OtherLiabilitiesNoncurrent
|
$1.27B | USD | Point-in-time |
| TOTAL LIABILITIES |
Liabilities
|
$10.86B | USD | Point-in-time |
| TOTAL LIABILITIES |
Liabilities
|
$10.71B | USD | Point-in-time |
| Commitments and contingencies (See Note 17) |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Commitments and contingencies (See Note 17) |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Common shares - par value $0.125 per share, Authorized - 1,200,000,000 shares (2022 - 1,200,000,000 shares); Issued - 531,051,530 shares (2022 -531,051,530 shares); Outstanding - 515,052,745 shares (2022 - 513,340,779 shares) |
CommonStockValueOutstanding
|
$66.00M | USD | Point-in-time |
| Common shares - par value $0.125 per share, Authorized - 1,200,000,000 shares (2022 - 1,200,000,000 shares); Issued - 531,051,530 shares (2022 -531,051,530 shares); Outstanding - 515,052,745 shares (2022 - 513,340,779 shares) |
CommonStockValueOutstanding
|
$66.00M | USD | Point-in-time |
| Capital in excess of par value of shares |
AdditionalPaidInCapital
|
$4.83B | USD | Point-in-time |
| Capital in excess of par value of shares |
AdditionalPaidInCapital
|
$4.87B | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$1.33B | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$1.28B | USD | Point-in-time |
| Cost of 15,998,785 common shares in treasury (2022 - 17,710,751 shares) |
TreasuryStockValue
|
$280.00M | USD | Point-in-time |
| Cost of 15,998,785 common shares in treasury (2022 - 17,710,751 shares) |
TreasuryStockValue
|
$310.00M | USD | Point-in-time |
| Accumulated other comprehensive income |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$715.00M | USD | Point-in-time |
| Accumulated other comprehensive income |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$1.65B | USD | Point-in-time |
| Accumulated other comprehensive income |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$1.83B | USD | Point-in-time |
| Total Cliffs shareholders' equity |
StockholdersEquity
|
$7.55B | USD | Point-in-time |
| Total Cliffs shareholders' equity |
StockholdersEquity
|
$7.79B | USD | Point-in-time |
| Noncontrolling interest |
MinorityInterest
|
$247.00M | USD | Point-in-time |
| Noncontrolling interest |
MinorityInterest
|
$251.00M | USD | Point-in-time |
| TOTAL EQUITY |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$6.61B | USD | Point-in-time |
| TOTAL EQUITY |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$8.04B | USD | Point-in-time |
| TOTAL EQUITY |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$7.79B | USD | Point-in-time |
| TOTAL EQUITY |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$5.77B | USD | Point-in-time |
| TOTAL LIABILITIES AND EQUITY |
LiabilitiesAndStockholdersEquity
|
$18.75B | USD | Point-in-time |
| TOTAL LIABILITIES AND EQUITY |
LiabilitiesAndStockholdersEquity
|
$18.65B | USD | Point-in-time |
Income Statement
48 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Revenues |
Revenues
|
$5.96B | USD | 1 Quarter |
| Revenues |
Revenues
|
$5.29B | USD | 1 Quarter |
| Cost of goods sold |
CostOfGoodsAndServicesSold
|
$5.20B | USD | 1 Quarter |
| Cost of goods sold |
CostOfGoodsAndServicesSold
|
$4.71B | USD | 1 Quarter |
| Selling, general and administrative expenses |
SellingGeneralAndAdministrativeExpense
|
$122.00M | USD | 1 Quarter |
| Selling, general and administrative expenses |
SellingGeneralAndAdministrativeExpense
|
$127.00M | USD | 1 Quarter |
| Miscellaneous net |
OtherOperatingIncomeExpenseNet
|
$-3.00M | USD | 1 Quarter |
| Miscellaneous net |
OtherOperatingIncomeExpenseNet
|
$-33.00M | USD | 1 Quarter |
| Total operating costs |
CostsAndExpenses
|
$5.33B | USD | 1 Quarter |
| Total operating costs |
CostsAndExpenses
|
$4.86B | USD | 1 Quarter |
| Operating income (loss) |
OperatingIncomeLoss
|
$-31.00M | USD | 1 Quarter |
| Operating income (loss) |
OperatingIncomeLoss
|
$1.09B | USD | 1 Quarter |
| Interest expense, net |
InterestIncomeExpenseNonoperatingNet
|
$-77.00M | USD | 1 Quarter |
| Interest expense, net |
InterestIncomeExpenseNonoperatingNet
|
$-77.00M | USD | 1 Quarter |
| Loss on extinguishment of debt |
GainsLossesOnExtinguishmentOfDebt
|
$-14.00M | USD | 1 Quarter |
| Loss on extinguishment of debt |
GainsLossesOnExtinguishmentOfDebt
|
- | USD | 1 Quarter |
| Net periodic benefit credits other than service cost component |
NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent
|
$-49.00M | USD | 1 Quarter |
| Net periodic benefit credits other than service cost component |
NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent
|
$-50.00M | USD | 1 Quarter |
| Other non-operating income (expense) |
OtherNonoperatingIncomeExpense
|
$2.00M | USD | 1 Quarter |
| Other non-operating income (expense) |
OtherNonoperatingIncomeExpense
|
$-2.00M | USD | 1 Quarter |
| Total other expense |
NonoperatingIncomeExpense
|
$-25.00M | USD | 1 Quarter |
| Total other expense |
NonoperatingIncomeExpense
|
$-44.00M | USD | 1 Quarter |
| Income (loss) from continuing operations before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$1.05B | USD | 1 Quarter |
| Income (loss) from continuing operations before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$-56.00M | USD | 1 Quarter |
| Income tax benefit (expense) |
IncomeTaxExpenseBenefit
|
$-13.00M | USD | 1 Quarter |
| Income tax benefit (expense) |
IncomeTaxExpenseBenefit
|
$237.00M | USD | 1 Quarter |
| Income (loss) from continuing operations |
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
$813.00M | USD | 1 Quarter |
| Income (loss) from continuing operations |
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
$-43.00M | USD | 1 Quarter |
| Income from discontinued operations, net of tax |
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
|
$1.00M | USD | 1 Quarter |
| Income from discontinued operations, net of tax |
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
|
$1.00M | USD | 1 Quarter |
| Net income (loss) |
ProfitLoss
|
$814.00M | USD | 1 Quarter |
| Net income (loss) |
ProfitLoss
|
$-42.00M | USD | 1 Quarter |
| Income attributable to noncontrolling interest |
NetIncomeLossAttributableToNoncontrollingInterest
|
$13.00M | USD | 1 Quarter |
| Income attributable to noncontrolling interest |
NetIncomeLossAttributableToNoncontrollingInterest
|
$15.00M | USD | 1 Quarter |
| Net income (loss) attributable to Cliffs shareholders |
NetIncomeLossAvailableToCommonStockholdersBasic
|
$801.00M | USD | 1 Quarter |
| Net income (loss) attributable to Cliffs shareholders |
NetIncomeLossAvailableToCommonStockholdersBasic
|
$-57.00M | USD | 1 Quarter |
| Continuing operations (in dollars per share) |
IncomeLossFromContinuingOperationsPerBasicShare
|
$-0.11 | USD | 1 Quarter |
| Continuing operations (in dollars per share) |
IncomeLossFromContinuingOperationsPerBasicShare
|
$1.54 | USD | 1 Quarter |
| Discontinued operations (in dollars per share) |
DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare
|
- | USD | 1 Quarter |
| Discontinued operations (in dollars per share) |
DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare
|
- | USD | 1 Quarter |
| Earnings per Common Share - Basic (in dollars per share) |
EarningsPerShareBasic
|
$-0.11 | USD | 1 Quarter |
| Earnings per Common Share - Basic (in dollars per share) |
EarningsPerShareBasic
|
$1.54 | USD | 1 Quarter |
| Continuing operations (in dollars per share) |
IncomeLossFromContinuingOperationsPerDilutedShare
|
$-0.11 | USD | 1 Quarter |
| Continuing operations (in dollars per share) |
IncomeLossFromContinuingOperationsPerDilutedShare
|
$1.50 | USD | 1 Quarter |
| Discontinued operations (in dollars per share) |
DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerDilutedShare
|
- | USD | 1 Quarter |
| Discontinued operations (in dollars per share) |
DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerDilutedShare
|
- | USD | 1 Quarter |
| Earnings per Common Share - Diluted (in dollars per share) |
EarningsPerShareDiluted
|
$-0.11 | USD | 1 Quarter |
| Earnings per Common Share - Diluted (in dollars per share) |
EarningsPerShareDiluted
|
$1.50 | USD | 1 Quarter |
Cash Flow Statement
56 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income (loss) |
ProfitLoss
|
$814.00M | USD | 1 Quarter |
| Net income (loss) |
ProfitLoss
|
$-42.00M | USD | 1 Quarter |
| Depreciation, depletion and amortization |
DepreciationDepletionAndAmortization
|
$301.00M | USD | 1 Quarter |
| Depreciation, depletion and amortization |
DepreciationDepletionAndAmortization
|
$242.00M | USD | 1 Quarter |
| Impairment of long-lived assets |
AssetImpairmentCharges
|
- | USD | 1 Quarter |
| Impairment of long-lived assets |
AssetImpairmentCharges
|
$29.00M | USD | 1 Quarter |
| Deferred income taxes |
DeferredIncomeTaxExpenseBenefit
|
$-4.00M | USD | 1 Quarter |
| Deferred income taxes |
DeferredIncomeTaxExpenseBenefit
|
$57.00M | USD | 1 Quarter |
| Pension and OPEB credits |
PensionAndOtherPostretirementBenefitsExpenseReversalOfExpenseNoncash
|
$-40.00M | USD | 1 Quarter |
| Pension and OPEB credits |
PensionAndOtherPostretirementBenefitsExpenseReversalOfExpenseNoncash
|
$-27.00M | USD | 1 Quarter |
| Loss on extinguishment of debt |
GainsLossesOnExtinguishmentOfDebt
|
$-14.00M | USD | 1 Quarter |
| Loss on extinguishment of debt |
GainsLossesOnExtinguishmentOfDebt
|
- | USD | 1 Quarter |
| Other |
OtherNoncashIncomeExpense
|
$-39.00M | USD | 1 Quarter |
| Other |
OtherNoncashIncomeExpense
|
$-25.00M | USD | 1 Quarter |
| Accounts receivable, net |
IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets
|
$257.00M | USD | 1 Quarter |
| Accounts receivable, net |
IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets
|
$512.00M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$-207.00M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$372.00M | USD | 1 Quarter |
| Income taxes |
IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
|
$180.00M | USD | 1 Quarter |
| Income taxes |
IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
|
$15.00M | USD | 1 Quarter |
| Pension and OPEB payments and contributions |
PensionAndOtherPostretirementBenefitContributions
|
$60.00M | USD | 1 Quarter |
| Pension and OPEB payments and contributions |
PensionAndOtherPostretirementBenefitContributions
|
$30.00M | USD | 1 Quarter |
| Payables, accrued employment and accrued expenses |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$109.00M | USD | 1 Quarter |
| Payables, accrued employment and accrued expenses |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$-90.00M | USD | 1 Quarter |
| Other, net |
IncreaseDecreaseInOtherOperatingCapitalNet
|
$79.00M | USD | 1 Quarter |
| Other, net |
IncreaseDecreaseInOtherOperatingCapitalNet
|
$25.00M | USD | 1 Quarter |
| Net cash provided (used) by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$533.00M | USD | 1 Quarter |
| Net cash provided (used) by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-39.00M | USD | 1 Quarter |
| Purchase of property, plant and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$236.00M | USD | 1 Quarter |
| Purchase of property, plant and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$188.00M | USD | 1 Quarter |
| Other investing activities |
PaymentsForProceedsFromOtherInvestingActivities
|
$-1.00M | USD | 1 Quarter |
| Other investing activities |
PaymentsForProceedsFromOtherInvestingActivities
|
$-3.00M | USD | 1 Quarter |
| Net cash used by investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-185.00M | USD | 1 Quarter |
| Net cash used by investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-235.00M | USD | 1 Quarter |
| Repurchase of common shares |
PaymentsForRepurchaseOfCommonStock
|
$19.00M | USD | 1 Quarter |
| Repurchase of common shares |
PaymentsForRepurchaseOfCommonStock
|
- | USD | 1 Quarter |
| Repayments of debt |
RepaymentsOfLongTermDebt
|
- | USD | 1 Quarter |
| Repayments of debt |
RepaymentsOfLongTermDebt
|
$360.00M | USD | 1 Quarter |
| Borrowings under credit facilities |
ProceedsFromLinesOfCredit
|
$1.65B | USD | 1 Quarter |
| Borrowings under credit facilities |
ProceedsFromLinesOfCredit
|
$1.72B | USD | 1 Quarter |
| Repayments under credit facilities |
RepaymentsOfLinesOfCredit
|
$1.34B | USD | 1 Quarter |
| Repayments under credit facilities |
RepaymentsOfLinesOfCredit
|
$1.61B | USD | 1 Quarter |
| Other financing activities |
ProceedsFromPaymentsForOtherFinancingActivities
|
$-38.00M | USD | 1 Quarter |
| Other financing activities |
ProceedsFromPaymentsForOtherFinancingActivities
|
$-50.00M | USD | 1 Quarter |
| Net cash provided (used) by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$257.00M | USD | 1 Quarter |
| Net cash provided (used) by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-311.00M | USD | 1 Quarter |
| Net increase (decrease) in cash and cash equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$33.00M | USD | 1 Quarter |
| Net increase (decrease) in cash and cash equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$-13.00M | USD | 1 Quarter |
| Cash and cash equivalents at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$35.00M | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$48.00M | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$59.00M | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$26.00M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$35.00M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$48.00M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$59.00M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$26.00M | USD | Point-in-time |
Stockholders Equity
20 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Balance, beginning of period (in shares) |
CommonStockSharesOutstanding
|
513.34M | shares | Point-in-time |
| Balance, beginning of period (in shares) |
CommonStockSharesOutstanding
|
515.05M | shares | Point-in-time |
| Balance, beginning of period |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$6.61B | USD | Point-in-time |
| Balance, beginning of period |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$8.04B | USD | Point-in-time |
| Balance, beginning of period |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$7.79B | USD | Point-in-time |
| Balance, beginning of period |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$5.77B | USD | Point-in-time |
| Comprehensive income (loss) |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$-221.00M | USD | 1 Quarter |
| Comprehensive income (loss) |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$911.00M | USD | 1 Quarter |
| Redemption of convertible debt |
StockIssuedDuringPeriodValueConversionOfConvertibleSecuritiesNetOfAdjustments
|
$-25.00M | USD | 1 Quarter |
| Stock and other incentive plans |
StockIssuedDuringPeriodValueShareBasedCompensation
|
$-9.00M | USD | 1 Quarter |
| Stock and other incentive plans |
StockIssuedDuringPeriodValueShareBasedCompensation
|
$-5.00M | USD | 1 Quarter |
| Common stock repurchases |
StockRepurchasedDuringPeriodValue
|
$19.00M | USD | 1 Quarter |
| Net distributions to noncontrolling interests |
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
$28.00M | USD | 1 Quarter |
| Net distributions to noncontrolling interests |
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
$19.00M | USD | 1 Quarter |
| Balance, end of period (in shares) |
CommonStockSharesOutstanding
|
513.34M | shares | Point-in-time |
| Balance, end of period (in shares) |
CommonStockSharesOutstanding
|
515.05M | shares | Point-in-time |
| Balance, end of period |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$6.61B | USD | Point-in-time |
| Balance, end of period |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$8.04B | USD | Point-in-time |
| Balance, end of period |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$7.79B | USD | Point-in-time |
| Balance, end of period |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$5.77B | USD | Point-in-time |
Comprehensive Income
14 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income (loss) |
ProfitLoss
|
$814.00M | USD | 1 Quarter |
| Net income (loss) |
ProfitLoss
|
$-42.00M | USD | 1 Quarter |
| Changes in pension and OPEB, net of tax |
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
$-1.00M | USD | 1 Quarter |
| Changes in pension and OPEB, net of tax |
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
$27.00M | USD | 1 Quarter |
| Changes in derivative financial instruments, net of tax |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
|
$-96.00M | USD | 1 Quarter |
| Changes in derivative financial instruments, net of tax |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
|
$152.00M | USD | 1 Quarter |
| Total other comprehensive income (loss) |
OtherComprehensiveIncomeLossNetOfTax
|
$97.00M | USD | 1 Quarter |
| Total other comprehensive income (loss) |
OtherComprehensiveIncomeLossNetOfTax
|
$-179.00M | USD | 1 Quarter |
| Comprehensive income (loss) |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$-221.00M | USD | 1 Quarter |
| Comprehensive income (loss) |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$911.00M | USD | 1 Quarter |
| Comprehensive income attributable to noncontrolling interests |
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
$13.00M | USD | 1 Quarter |
| Comprehensive income attributable to noncontrolling interests |
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
$15.00M | USD | 1 Quarter |
| Comprehensive income (loss) attributable to Cliffs shareholders |
ComprehensiveIncomeNetOfTax
|
$898.00M | USD | 1 Quarter |
| Comprehensive income (loss) attributable to Cliffs shareholders |
ComprehensiveIncomeNetOfTax
|
$-236.00M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.