Cleveland-Cliffs Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Cover
- Document and Entity Information
Financial Statements
Notes to Financial Statements
Accounting Policies
- BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES (Policies)
Notes Tables
Notes Details

ACQUISITION OF AK STEEL (Pro Forma Information Tables) (Details)

v3.20.1

ACQUISITION OF AK STEEL (Pro Forma Information Tables) (Details) - USD ($)
$ in Millions

1 Months Ended

3 Months Ended

Mar. 31, 2020

Mar. 31, 2019

Business Acquisition, Pro Forma Information, Nonrecurring Adjustment [Line Items]

Business Acquisition, Pro Forma Revenue

$ 1,526.4

$ 1,787.3

Business Acquisition, Pro Forma Net Income (Loss)

(17.4)

(79.7)

Revenues

^[1]

359.1

157.0

Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

$ (48.6)

(22.1)

AK Steel Holding Corporation [Member]

Business Acquisition, Pro Forma Information, Nonrecurring Adjustment [Line Items]

Revenues

$ 217.5

Business Acquisition, Pro Forma Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent

24.30%

Business Acquisition, Pro Forma Income Tax Expense (Benefit)

$ 11.6

18.3

Fair Value Adjustment to Inventory [Member]

Business Acquisition, Pro Forma Information, Nonrecurring Adjustment [Line Items]

Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

23.2

84.8

Acquisition-related Costs [Member]

Business Acquisition, Pro Forma Information, Nonrecurring Adjustment [Line Items]

Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

26.6

Other Adjustments [Member]

Business Acquisition, Pro Forma Information, Nonrecurring Adjustment [Line Items]

Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

13.1

Other Adjustments [Member] | AK Steel Holding Corporation [Member]

Business Acquisition, Pro Forma Information, Nonrecurring Adjustment [Line Items]

Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

4.2

Intersegment Eliminations [Member]

Business Acquisition, Pro Forma Information, Nonrecurring Adjustment [Line Items]

Revenues

$ 67.8

$ 67.4

[1]	¹ Includes Realization of deferred revenue of $34.6 million for the three months ended March 31, 2020.

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