Quarterly report pursuant to Section 13 or 15(d)

EARNINGS PER SHARE (Tables)

v3.3.0.814
EARNINGS PER SHARE (Tables)
 9 Months Ended
Sep. 30, 2015
Earnings Per Share [Abstract]  
Earnings Per Share Computation
The following table summarizes the computation of basic and diluted earnings (loss) per share:
 
(In Millions, Except Per Share Amounts)
 
Three Months Ended
September 30,
 
Nine Months Ended
September 30,
 
2015
 
2014
 
2015
 
2014
Income (Loss) from Continuing Operations
$
49.9

 
$
(274.2
)
 
$
178.5

 
$
(113.6
)
Loss (Income) from Continuing Operations Attributable to Noncontrolling Interest
4.6

 
(2.5
)
 
(6.2
)
 
(22.4
)
Net Income (Loss) from Continuing Operations Attributable to Cliffs Shareholders
$
54.5

 
$
(276.7
)
 
$
172.3

 
$
(136.0
)
Loss from Discontinued Operations, net of tax
(43.9
)
 
(5,602.9
)
 
(861.3
)
 
(5,803.0
)
Net Income (Loss) Attributable to Cliffs Shareholders
$
10.6

 
$
(5,879.6
)
 
$
(689.0
)
 
$
(5,939.0
)
Preferred Stock Dividends
(25.6
)
 
(12.8
)
 
(38.4
)
 
(38.4
)
Net Loss Attributable to Cliffs Common Shareholders
$
(15.0
)
 
$
(5,892.4
)
 
$
(727.4
)
 
$
(5,977.4
)
Weighted Average Number of Shares:
 
 
 
 
 
 
 
Basic
153.2

 
153.1

 
153.2

 
153.1

Depositary Shares
—

 
—

 
—

 
—

Employee Stock Plans
—

 
—

 
—

 
—

Diluted
153.2

 
153.1

 
153.2

 
153.1

Earnings (Loss) per Common Share Attributable to
Cliffs Common Shareholders - Basic:
 
 
 
 
 
 
 
Continuing operations
$
0.19

 
$
(1.89
)
 
$
0.87

 
$
(1.14
)
Discontinued operations
(0.29
)
 
(36.60
)
 
(5.62
)
 
(37.91
)
 
$
(0.10
)
 
$
(38.49
)
 
$
(4.75
)
 
$
(39.05
)
Earnings (Loss) per Common Share Attributable to
Cliffs Common Shareholders - Diluted:
 
 
 
 
 
 
 
Continuing operations
$
0.19

 
$
(1.89
)
 
$
0.87

 
$
(1.14
)
Discontinued operations
(0.29
)
 
(36.60
)
 
(5.62
)
 
(37.91
)
 
$
(0.10
)
 
$
(38.49
)
 
$
(4.75
)
 
$
(39.05
)