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

Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2011


	(In Millions)
	Three Months Ended June 30,				Six Months Ended June 30,
	2011		2010		2011		2010
Net income attributable to Cliffs shareholders	$	407.7	$	260.7	$	831.1	$	338.1
Weighted average number of shares:
Basic		139.0		135.3		137.2		135.2
Employee stock plans		0.8		0.8		0.8		0.8

Diluted		139.8		136.1		138.0		136.0

Earnings per common share attributable to Cliffs shareholders - Basic	$	2.93	$	1.93	$	6.06	$	2.50

Earnings per common share attributable to Cliffs shareholders - Diluted	$	2.92	$	1.92	$	6.02	$	2.49