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

ACQUISITIONS - ArcelorMittal USA Consideration (Details)

v3.21.1

ACQUISITIONS - ArcelorMittal USA Consideration (Details) - ArcelorMittal USA - USD ($) $ / shares in Units, $ in Millions		3 Months Ended
	Dec. 09, 2020	Mar. 31, 2021
Business Acquisition [Line Items]
Fair value of settlement of a pre-existing relationship	$ 237
Cash consideration	635
Consideration transferred	2,600
Cash consideration pursuant to the AM USA Transaction Agreement	505
Cash consideration for purchase of the remaining JV partner's interest of Kote and Tek	182
Estimated total cash consideration receivable	(52)
Accounts receivable	97
Freestanding derivative asset from customer supply agreement	140
Common Stock
Business Acquisition [Line Items]
Fair value of shares issued	$ 990
Stock issued during period, shares, acquisitions (in shares)	78,186,671
Price per share of Cliffs common shares (in dollars per share)	$ 12.66
Series B Preferred Stock
Business Acquisition [Line Items]
Fair value of shares issued	$ 738
Stock issued during period, shares, acquisitions (in shares)	583,273	583,273
Price per share of Cliffs common shares (in dollars per share)	$ 1,266

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