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

Quarterly report pursuant to Section 13 or 15(d)

Statements of Unaudited Condensed Consolidated Changes in Equity Statement

Statements of Unaudited Condensed Consolidated Changes in Equity Statement - USD ($) $ in Millions	Total	Common Stock	Capital in Excess of Par Value of Shares	Retained Earnings	Common Shares in Treasury	AOCI	Non-controlling Interests
Balance, beginning of period (in shares) at Dec. 31, 2022		513,300,000
Balance, beginning of period at Dec. 31, 2022	$ 8,042	$ 66	$ 4,871	$ 1,334	$ (310)	$ 1,830	$ 251
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Comprehensive income (loss)	(221)			(57)		(179)	15
Stock and other incentive plans (in shares)		1,800,000
Stock and other incentive plans			(39)
Stock and other incentive plans	(9)				30
Net distributions to noncontrolling interests	(19)						(19)
Balance, end of period (in shares) at Mar. 31, 2023		515,100,000
Balance, end of period at Mar. 31, 2023	7,793	$ 66	4,832	1,277	(280)	1,651	247
Balance, beginning of period (in shares) at Dec. 31, 2022		513,300,000
Balance, beginning of period at Dec. 31, 2022	8,042	$ 66	4,871	1,334	(310)	1,830	251
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Comprehensive income (loss)	127
Common stock repurchases (shares)		(6,500,000)
Balance, end of period (in shares) at Jun. 30, 2023		508,700,000
Balance, end of period at Jun. 30, 2023	8,044	$ 66	4,841	1,624	(372)	1,643	242
Balance, beginning of period (in shares) at Mar. 31, 2023		515,100,000
Balance, beginning of period at Mar. 31, 2023	7,793	$ 66	4,832	1,277	(280)	1,651	247
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Comprehensive income (loss)	348			347		(8)	9
Common stock repurchases (shares)		(6,500,000)
Common stock repurchases	(95)				(95)
Stock and other incentive plans (in shares)		100,000
Stock and other incentive plans			9
Stock and other incentive plans	12				3
Net distributions to noncontrolling interests	(14)						(14)
Balance, end of period (in shares) at Jun. 30, 2023		508,700,000
Balance, end of period at Jun. 30, 2023	$ 8,044	$ 66	4,841	1,624	(372)	1,643	242
Balance, beginning of period (in shares) at Dec. 31, 2023	504,886,773	504,900,000
Balance, beginning of period at Dec. 31, 2023	$ 8,122	$ 66	4,861	1,733	(430)	1,657	235
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Comprehensive income (loss)	(62)			(67)		(9)	14
Common stock repurchases (shares)		(30,400,000)
Common stock repurchases	(615)				(615)
Stock and other incentive plans (in shares)		1,000,000.0
Stock and other incentive plans			(10)
Stock and other incentive plans	5				15
Net distributions to noncontrolling interests	(8)						(8)
Balance, end of period (in shares) at Mar. 31, 2024		475,500,000
Balance, end of period at Mar. 31, 2024	$ 7,442	$ 66	4,851	1,666	(1,030)	1,648	241
Balance, beginning of period (in shares) at Dec. 31, 2023	504,886,773	504,900,000
Balance, beginning of period at Dec. 31, 2023	$ 8,122	$ 66	4,861	1,733	(430)	1,657	235
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Comprehensive income (loss)	$ (35)
Common stock repurchases (shares)		(37,900,000)
Balance, end of period (in shares) at Jun. 30, 2024	468,038,839	468,000,000.0
Balance, end of period at Jun. 30, 2024	$ 7,372	$ 66	4,864	1,668	(1,154)	1,666	262
Balance, beginning of period (in shares) at Mar. 31, 2024		475,500,000
Balance, beginning of period at Mar. 31, 2024	7,442	$ 66	4,851	1,666	(1,030)	1,648	241
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Comprehensive income (loss)	27			2		18	7
Common stock repurchases (shares)		(7,500,000)
Common stock repurchases	(125)				(125)
Stock and other incentive plans (in shares)		0
Stock and other incentive plans			13
Stock and other incentive plans	14				1
Net contributions to noncontrolling interests	$ 14						14
Balance, end of period (in shares) at Jun. 30, 2024	468,038,839	468,000,000.0
Balance, end of period at Jun. 30, 2024	$ 7,372	$ 66	$ 4,864	$ 1,668	$ (1,154)	$ 1,666	$ 262