10-Q Filing

CLEVELAND-CLIFFS INC. CIK: 764065 Q3 2023

Filing Information

Form Type	10-Q
Accession Number	`0000764065-23-000162`
Period End Date	20230930
Filing Date	20231025
Fiscal Year	2023
Fiscal Period	Q3
XBRL Instance	clf-20230930_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 78 Income Statement 96 Cash Flow Statement 66 Stockholders Equity 46 Comprehensive Income 36

Balance Sheet 78 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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$26.00M	USD	Point-in-time
Common shares, issued (in shares)	`CommonStockSharesIssued`	531.05M	shares	Point-in-time
Common shares, issued (in shares)	`CommonStockSharesIssued`	531.05M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$31.00M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$2.12B	USD	Point-in-time
Common shares, outstanding (in shares)	`CommonStockSharesOutstanding`	504.85M	shares	Point-in-time
Common shares, outstanding (in shares)	`CommonStockSharesOutstanding`	513.34M	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$1.96B	USD	Point-in-time
Common shares in treasury (in shares)	`TreasuryStockCommonShares`	26.20M	shares	Point-in-time
Common shares in treasury (in shares)	`TreasuryStockCommonShares`	17.71M	shares	Point-in-time
Inventories	`InventoryNet`	$4.59B	USD	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`	$196.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$7.42B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$6.94B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$9.07B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$8.84B	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`	$392.00M	USD	Point-in-time
Pension and OPEB, asset	`DefinedBenefitPlanAssetsForPlanBenefitsNoncurrent`	$356.00M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$759.00M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$777.00M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$18.06B	USD	Point-in-time
TOTAL ASSETS	`Assets`	$18.75B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$2.08B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$2.19B	USD	Point-in-time
Accrued employment costs	`EmployeeRelatedLiabilitiesCurrent`	$429.00M	USD	Point-in-time
Accrued employment costs	`EmployeeRelatedLiabilitiesCurrent`	$467.00M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$263.00M	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`	$488.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$3.55B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$3.29B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$3.46B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$4.25B	USD	Point-in-time
Pension liability, non-current	`DefinedBenefitPensionPlanLiabilitiesNoncurrent`	$456.00M	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`	$563.00M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAndOtherLiabilitiesNoncurrent`	$590.00M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAndOtherLiabilitiesNoncurrent`	$662.00M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$1.27B	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$1.36B	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$9.79B	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 - 504,849,719 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 - 504,849,719 shares (2022 - 513,340,779 shares)	`CommonStockValueOutstanding`	$66.00M	USD	Point-in-time
Capital in excess of par value of shares	`AdditionalPaidInCapital`	$4.85B	USD	Point-in-time
Capital in excess of par value of shares	`AdditionalPaidInCapital`	$4.87B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.89B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.33B	USD	Point-in-time
Cost of 26,201,811 common shares in treasury (2022 - 17,710,751 shares)	`TreasuryStockCommonValue`	$431.00M	USD	Point-in-time
Cost of 26,201,811 common shares in treasury (2022 - 17,710,751 shares)	`TreasuryStockCommonValue`	$310.00M	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
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$810.00M	USD	Point-in-time
Total Cliffs shareholders' equity	`StockholdersEquity`	$7.79B	USD	Point-in-time
Total Cliffs shareholders' equity	`StockholdersEquity`	$8.02B	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$244.00M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$251.00M	USD	Point-in-time
TOTAL EQUITY	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.99B	USD	Point-in-time
TOTAL EQUITY	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$7.79B	USD	Point-in-time
TOTAL EQUITY	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$8.04B	USD	Point-in-time
TOTAL EQUITY	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$8.04B	USD	Point-in-time
TOTAL EQUITY	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$7.27B	USD	Point-in-time
TOTAL EQUITY	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.77B	USD	Point-in-time
TOTAL EQUITY	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.61B	USD	Point-in-time
TOTAL EQUITY	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$8.26B	USD	Point-in-time
TOTAL LIABILITIES AND EQUITY	`LiabilitiesAndStockholdersEquity`	$18.75B	USD	Point-in-time
TOTAL LIABILITIES AND EQUITY	`LiabilitiesAndStockholdersEquity`	$18.06B	USD	Point-in-time

Income Statement 96 line items

Line Item	Tag	Value	Unit	Period
Revenues	`Revenues`	$5.65B	USD	1 Quarter
Revenues	`Revenues`	$5.61B	USD	1 Quarter
Revenues	`Revenues`	$17.95B	USD	3 Qtrs
Revenues	`Revenues`	$16.88B	USD	3 Qtrs
Cost of goods sold	`CostOfGoodsAndServicesSold`	$15.66B	USD	3 Qtrs
Cost of goods sold	`CostOfGoodsAndServicesSold`	$5.12B	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$5.30B	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$15.37B	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$353.00M	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$420.00M	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$124.00M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$144.00M	USD	1 Quarter
Miscellaneous net	`OtherOperatingIncomeExpenseNet`	$-11.00M	USD	1 Quarter
Miscellaneous net	`OtherOperatingIncomeExpenseNet`	$-26.00M	USD	3 Qtrs
Miscellaneous net	`OtherOperatingIncomeExpenseNet`	$-104.00M	USD	3 Qtrs
Miscellaneous net	`OtherOperatingIncomeExpenseNet`	$-37.00M	USD	1 Quarter
Total operating costs	`CostsAndExpenses`	$16.11B	USD	3 Qtrs
Total operating costs	`CostsAndExpenses`	$5.28B	USD	1 Quarter
Total operating costs	`CostsAndExpenses`	$15.82B	USD	3 Qtrs
Total operating costs	`CostsAndExpenses`	$5.47B	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$187.00M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$325.00M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$2.12B	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$777.00M	USD	3 Qtrs
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-64.00M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-205.00M	USD	3 Qtrs
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-70.00M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-226.00M	USD	3 Qtrs
Gain (loss) on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-76.00M	USD	3 Qtrs
Gain (loss) on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	3 Qtrs
Gain (loss) on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Gain (loss) on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$4.00M	USD	1 Quarter
Net periodic benefit credits other than service cost component	`NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent`	$-50.00M	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`	$-148.00M	USD	3 Qtrs
Net periodic benefit credits other than service cost component	`NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent`	$-150.00M	USD	3 Qtrs
Other non-operating income (expense)	`OtherNonoperatingIncomeExpense`	$-1.00M	USD	1 Quarter
Other non-operating income (expense)	`OtherNonoperatingIncomeExpense`	$-6.00M	USD	3 Qtrs
Other non-operating income (expense)	`OtherNonoperatingIncomeExpense`	$-2.00M	USD	1 Quarter
Other non-operating income (expense)	`OtherNonoperatingIncomeExpense`	$4.00M	USD	3 Qtrs
Total other expense	`NonoperatingIncomeExpense`	$-12.00M	USD	1 Quarter
Total other expense	`NonoperatingIncomeExpense`	$-139.00M	USD	3 Qtrs
Total other expense	`NonoperatingIncomeExpense`	$-72.00M	USD	3 Qtrs
Total other expense	`NonoperatingIncomeExpense`	$-22.00M	USD	1 Quarter
Income from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.98B	USD	3 Qtrs
Income from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$705.00M	USD	3 Qtrs
Income from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$303.00M	USD	1 Quarter
Income from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$175.00M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$29.00M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$118.00M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$10.00M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$404.00M	USD	3 Qtrs
Income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$587.00M	USD	3 Qtrs
Income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$274.00M	USD	1 Quarter
Income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$165.00M	USD	1 Quarter
Income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$1.58B	USD	3 Qtrs
Income from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$2.00M	USD	3 Qtrs
Income from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$2.00M	USD	3 Qtrs
Income from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$1.00M	USD	1 Quarter
Income from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	-	USD	1 Quarter
Net income	`ProfitLoss`	$165.00M	USD	1 Quarter
Net income	`ProfitLoss`	$1.58B	USD	3 Qtrs
Net income	`ProfitLoss`	$275.00M	USD	1 Quarter
Net income	`ProfitLoss`	$589.00M	USD	3 Qtrs
Income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$11.00M	USD	1 Quarter
Income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$35.00M	USD	3 Qtrs
Income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$31.00M	USD	3 Qtrs
Income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$13.00M	USD	1 Quarter
Net income attributable to Cliffs shareholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$554.00M	USD	3 Qtrs
Net income attributable to Cliffs shareholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$264.00M	USD	1 Quarter
Net income attributable to Cliffs shareholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$1.55B	USD	3 Qtrs
Net income attributable to Cliffs shareholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$152.00M	USD	1 Quarter
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$1.08	USD	3 Qtrs
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.30	USD	1 Quarter
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$2.98	USD	3 Qtrs
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.52	USD	1 Quarter
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	1 Quarter
Discontinued operations (in dollars per share)	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare`	-	USD	3 Qtrs
Earnings per Common Share - Basic (in dollars per share)	`EarningsPerShareBasic`	$0.30	USD	1 Quarter
Earnings per Common Share - Basic (in dollars per share)	`EarningsPerShareBasic`	$2.98	USD	3 Qtrs
Earnings per Common Share - Basic (in dollars per share)	`EarningsPerShareBasic`	$1.08	USD	3 Qtrs
Earnings per Common Share - Basic (in dollars per share)	`EarningsPerShareBasic`	$0.52	USD	1 Quarter
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.52	USD	1 Quarter
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.29	USD	1 Quarter
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$2.95	USD	3 Qtrs
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$1.08	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	3 Qtrs
Discontinued operations (in dollars per share)	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerDilutedShare`	-	USD	1 Quarter
Earnings per Common Share - Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.08	USD	3 Qtrs
Earnings per Common Share - Diluted (in dollars per share)	`EarningsPerShareDiluted`	$2.95	USD	3 Qtrs
Earnings per Common Share - Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.29	USD	1 Quarter
Earnings per Common Share - Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.52	USD	1 Quarter

Cash Flow Statement 66 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$165.00M	USD	1 Quarter
Net income	`ProfitLoss`	$1.58B	USD	3 Qtrs
Net income	`ProfitLoss`	$275.00M	USD	1 Quarter
Net income	`ProfitLoss`	$589.00M	USD	3 Qtrs
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$237.00M	USD	1 Quarter
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$738.00M	USD	3 Qtrs
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$249.00M	USD	1 Quarter
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$788.00M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$210.00M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$132.00M	USD	3 Qtrs
Pension and OPEB credits	`PensionAndOtherPostretirementBenefitsExpenseReversalOfExpenseNoncash`	$-81.00M	USD	3 Qtrs
Pension and OPEB credits	`PensionAndOtherPostretirementBenefitsExpenseReversalOfExpenseNoncash`	$-119.00M	USD	3 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-76.00M	USD	3 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	3 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$4.00M	USD	1 Quarter
Impairment of long-lived assets	`AssetImpairmentCharges`	-	USD	3 Qtrs
Impairment of long-lived assets	`AssetImpairmentCharges`	$29.00M	USD	3 Qtrs
Other	`OtherNoncashIncomeExpense`	$-121.00M	USD	3 Qtrs
Other	`OtherNoncashIncomeExpense`	$-75.00M	USD	3 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets`	$145.00M	USD	3 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets`	$164.00M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$348.00M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-538.00M	USD	3 Qtrs
Income taxes	`IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable`	$-109.00M	USD	3 Qtrs
Income taxes	`IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable`	$16.00M	USD	3 Qtrs
Pension and OPEB payments and contributions	`PensionAndOtherPostretirementBenefitContributions`	$84.00M	USD	3 Qtrs
Pension and OPEB payments and contributions	`PensionAndOtherPostretirementBenefitContributions`	$174.00M	USD	3 Qtrs
Payables, accrued employment and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-95.00M	USD	3 Qtrs
Payables, accrued employment and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$66.00M	USD	3 Qtrs
Other, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$33.00M	USD	3 Qtrs
Other, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$57.00M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.93B	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.61B	USD	3 Qtrs
Purchase of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$716.00M	USD	3 Qtrs
Purchase of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$481.00M	USD	3 Qtrs
Other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	$-20.00M	USD	3 Qtrs
Other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	$-11.00M	USD	3 Qtrs
Net cash used by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-727.00M	USD	3 Qtrs
Net cash used by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-470.00M	USD	3 Qtrs
Repurchase of common shares	`PaymentsForRepurchaseOfCommonStock`	$210.00M	USD	3 Qtrs
Repurchase of common shares	`PaymentsForRepurchaseOfCommonStock`	$152.00M	USD	3 Qtrs
Proceeds from issuance of senior notes	`ProceedsFromIssuanceOfSeniorLongTermDebt`	-	USD	3 Qtrs
Proceeds from issuance of senior notes	`ProceedsFromIssuanceOfSeniorLongTermDebt`	$750.00M	USD	3 Qtrs
Repayments of senior notes	`RepaymentsOfLongTermDebt`	$1.35B	USD	3 Qtrs
Repayments of senior notes	`RepaymentsOfLongTermDebt`	-	USD	3 Qtrs
Borrowings under credit facilities	`ProceedsFromLinesOfCredit`	$4.65B	USD	3 Qtrs
Borrowings under credit facilities	`ProceedsFromLinesOfCredit`	$3.00B	USD	3 Qtrs
Repayments under credit facilities	`RepaymentsOfLinesOfCredit`	$4.17B	USD	3 Qtrs
Repayments under credit facilities	`RepaymentsOfLinesOfCredit`	$4.54B	USD	3 Qtrs
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$34.00M	USD	3 Qtrs
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	-	USD	3 Qtrs
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-165.00M	USD	3 Qtrs
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-115.00M	USD	3 Qtrs
Net cash used by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-1.14B	USD	3 Qtrs
Net cash used by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-1.20B	USD	3 Qtrs
Net increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$8.00M	USD	3 Qtrs
Net increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$5.00M	USD	3 Qtrs
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$31.00M	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`	$26.00M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$56.00M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$31.00M	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`	$26.00M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$56.00M	USD	Point-in-time

Stockholders Equity 46 line items

Line Item	Tag	Value	Unit	Period
Balance, beginning of period (in shares)	`CommonStockSharesOutstanding`	504.85M	shares	Point-in-time
Balance, beginning of period (in shares)	`CommonStockSharesOutstanding`	513.34M	shares	Point-in-time
Balance, beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.99B	USD	Point-in-time
Balance, beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$7.79B	USD	Point-in-time
Balance, beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$8.04B	USD	Point-in-time
Balance, beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$8.04B	USD	Point-in-time
Balance, beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$7.27B	USD	Point-in-time
Balance, beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.77B	USD	Point-in-time
Balance, beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.61B	USD	Point-in-time
Balance, beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$8.26B	USD	Point-in-time
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$1.77B	USD	3 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$544.00M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$348.00M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$406.00M	USD	3 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-221.00M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$317.00M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$911.00M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$279.00M	USD	1 Quarter
Redemption of convertible debt	`StockIssuedDuringPeriodValueConversionOfConvertibleSecuritiesNetOfAdjustments`	$-25.00M	USD	1 Quarter
Stock and other incentive plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$8.00M	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
Stock and other incentive plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$12.00M	USD	1 Quarter
Stock and other incentive plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$-9.00M	USD	1 Quarter
Stock and other incentive plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$9.00M	USD	1 Quarter
Common stock repurchases	`StockRepurchasedDuringPeriodValue`	$95.00M	USD	1 Quarter
Common stock repurchases	`StockRepurchasedDuringPeriodValue`	$59.00M	USD	1 Quarter
Common stock repurchases	`StockRepurchasedDuringPeriodValue`	$19.00M	USD	1 Quarter
Common stock repurchases	`StockRepurchasedDuringPeriodValue`	$157.00M	USD	1 Quarter
Common stock repurchases	`StockRepurchasedDuringPeriodValue`	$34.00M	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
Net distributions to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$9.00M	USD	1 Quarter
Net distributions to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$9.00M	USD	1 Quarter
Net distributions to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$18.00M	USD	1 Quarter
Net distributions to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$14.00M	USD	1 Quarter
Balance, end of period (in shares)	`CommonStockSharesOutstanding`	504.85M	shares	Point-in-time
Balance, end of period (in shares)	`CommonStockSharesOutstanding`	513.34M	shares	Point-in-time
Balance, end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.99B	USD	Point-in-time
Balance, end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$7.79B	USD	Point-in-time
Balance, end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$8.04B	USD	Point-in-time
Balance, end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$8.04B	USD	Point-in-time
Balance, end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$7.27B	USD	Point-in-time
Balance, end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.77B	USD	Point-in-time
Balance, end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.61B	USD	Point-in-time
Balance, end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$8.26B	USD	Point-in-time

Comprehensive Income 36 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$165.00M	USD	1 Quarter
Net income	`ProfitLoss`	$1.58B	USD	3 Qtrs
Net income	`ProfitLoss`	$275.00M	USD	1 Quarter
Net income	`ProfitLoss`	$589.00M	USD	3 Qtrs
Changes in pension and OPEB, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$27.00M	USD	1 Quarter
Changes in pension and OPEB, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-93.00M	USD	1 Quarter
Changes in pension and OPEB, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$80.00M	USD	3 Qtrs
Changes in pension and OPEB, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-94.00M	USD	3 Qtrs
Changes in derivative financial instruments, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$-102.00M	USD	3 Qtrs
Changes in derivative financial instruments, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$-61.00M	USD	1 Quarter
Changes in derivative financial instruments, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$-31.00M	USD	1 Quarter
Changes in derivative financial instruments, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$103.00M	USD	3 Qtrs
Changes in foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-2.00M	USD	1 Quarter
Changes in foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	-	USD	3 Qtrs
Changes in foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	-	USD	1 Quarter
Changes in foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-4.00M	USD	3 Qtrs
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$4.00M	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$192.00M	USD	3 Qtrs
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-183.00M	USD	3 Qtrs
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$152.00M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$1.77B	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$544.00M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$348.00M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$406.00M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-221.00M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$317.00M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$911.00M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$279.00M	USD	1 Quarter
Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$31.00M	USD	3 Qtrs
Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$13.00M	USD	1 Quarter
Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$11.00M	USD	1 Quarter
Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$35.00M	USD	3 Qtrs
Comprehensive income attributable to Cliffs shareholders	`ComprehensiveIncomeNetOfTax`	$304.00M	USD	1 Quarter
Comprehensive income attributable to Cliffs shareholders	`ComprehensiveIncomeNetOfTax`	$371.00M	USD	3 Qtrs
Comprehensive income attributable to Cliffs shareholders	`ComprehensiveIncomeNetOfTax`	$268.00M	USD	1 Quarter
Comprehensive income attributable to Cliffs shareholders	`ComprehensiveIncomeNetOfTax`	$1.74B	USD	3 Qtrs

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