DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES (Schedule Of Derivatives Not Designated As Hedging Instruments) (Details) (USD $)
In Millions, unless otherwise specified |
3 Months Ended | |||||
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Mar. 31, 2015
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Mar. 31, 2014
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Derivative Instruments, Gain (Loss) [Line Items] | ||||||
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net | $ (15.6)us-gaap_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet | $ 24.1us-gaap_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet | ||||
Foreign Exchange Contract [Member] | Other Nonoperating Income (Expense) [Member] | ||||||
Derivative Instruments, Gain (Loss) [Line Items] | ||||||
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net |
(5.9)us-gaap_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet / us-gaap_DerivativeInstrumentRiskAxis = us-gaap_ForeignExchangeContractMember / us-gaap_IncomeStatementLocationAxis = us-gaap_OtherNonoperatingIncomeExpenseMember |
[1] |
(0.9)us-gaap_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet / us-gaap_DerivativeInstrumentRiskAxis = us-gaap_ForeignExchangeContractMember / us-gaap_IncomeStatementLocationAxis = us-gaap_OtherNonoperatingIncomeExpenseMember |
[1] | ||
Commodity Contract [Member] | Cost of Sales [Member] | ||||||
Derivative Instruments, Gain (Loss) [Line Items] | ||||||
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net |
(3.6)us-gaap_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet / us-gaap_DerivativeInstrumentRiskAxis = us-gaap_CommodityContractMember / us-gaap_IncomeStatementLocationAxis = us-gaap_CostOfSalesMember |
0us-gaap_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet / us-gaap_DerivativeInstrumentRiskAxis = us-gaap_CommodityContractMember / us-gaap_IncomeStatementLocationAxis = us-gaap_CostOfSalesMember |
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Customer Supply Agreements [Member] | Product Revenues [Member] | ||||||
Derivative Instruments, Gain (Loss) [Line Items] | ||||||
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net |
10.1us-gaap_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet / us-gaap_DerivativeInstrumentRiskAxis = clf_CustomerSupplyAgreementsMember / us-gaap_IncomeStatementLocationAxis = us-gaap_SalesRevenueGoodsNetMember |
27.7us-gaap_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet / us-gaap_DerivativeInstrumentRiskAxis = clf_CustomerSupplyAgreementsMember / us-gaap_IncomeStatementLocationAxis = us-gaap_SalesRevenueGoodsNetMember |
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Provisional Pricing Arrangements [Member] | Product Revenues [Member] | ||||||
Derivative Instruments, Gain (Loss) [Line Items] | ||||||
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net |
$ (16.2)us-gaap_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet / us-gaap_DerivativeInstrumentRiskAxis = clf_ProvisionalPricingArrangementsMember / us-gaap_IncomeStatementLocationAxis = us-gaap_SalesRevenueGoodsNetMember |
$ (2.7)us-gaap_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet / us-gaap_DerivativeInstrumentRiskAxis = clf_ProvisionalPricingArrangementsMember / us-gaap_IncomeStatementLocationAxis = us-gaap_SalesRevenueGoodsNetMember |
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- Definition
Amount of realized and unrealized gain (loss) of derivative instruments not designated or qualifying as hedging instruments. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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