Quarterly report pursuant to Section 13 or 15(d)

EARNINGS PER SHARE - Earnings Per Share Computation (Details)

v3.24.3
EARNINGS PER SHARE - Earnings Per Share Computation (Details) - USD ($)
$ / shares in Units, shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Earnings Per Share [Abstract]        
Income (loss) from continuing operations $ (230) $ 274 $ (274) $ 587
Income attributable to noncontrolling interests (12) (11) (33) (35)
Net income (loss) from continuing operations attributable to Cliffs shareholders (242) 263 (307) 552
Income from discontinued operations, net of tax 0 1 0 2
Net income (loss) attributable to Cliffs shareholders $ (242) $ 264 $ (307) $ 554
Weighted average number of shares:        
Basic (in shares) 468 508 478 512
Employee stock plans (in shares) 0 1 0 1
Diluted (in shares) 468 509 478 513
Earnings (loss) per common share attributable to Cliffs shareholders - basic:        
Continuing operations (in dollars per share) $ (0.52) $ 0.52 $ (0.64) $ 1.08
Discontinued operations (in dollars per share) 0 0 0 0
Earnings per Common Share - Basic (in dollars per share) (0.52) 0.52 (0.64) 1.08
Earnings (loss) per common share attributable to Cliffs shareholders - diluted:        
Continuing operations (in dollars per share) (0.52) 0.52 (0.64) 1.08
Discontinued operations (in dollars per share) 0 0 0 0
Earnings per Common Share - Diluted (in dollars per share) $ (0.52) $ 0.52 $ (0.64) $ 1.08