Quarterly report pursuant to Section 13 or 15(d)

EARNINGS PER SHARE (Tables)

v2.4.0.8
EARNINGS PER SHARE (Tables)
 3 Months Ended
Mar. 31, 2014
Earnings Per Share [Abstract]  
Earnings Per Share Computation
The following table summarizes the computation of basic and diluted earnings (loss) per share:
 
(In Millions, Except Per Share Amounts)
 
Three Months Ended
March 31,
 
2014
 
2013
NET INCOME (LOSS) ATTRIBUTABLE TO CLIFFS SHAREHOLDERS
$
(70.3
)
 
$
107.0

PREFERRED STOCK DIVIDENDS
(12.8
)
 
(9.9
)
NET INCOME (LOSS) ATTRIBUTABLE TO CLIFFS COMMON SHAREHOLDERS
$
(83.1
)
 
$
97.1

Weighted Average Number of Shares:
 
 
 
Basic
153.0

 
147.8

Depositary Shares
—

 
—

Employee Stock Plans
—

 
0.3

Diluted
153.0

 
148.1

Earnings (Loss) per Common Share Attributable to
Cliffs Common Shareholders - Basic:
$
(0.54
)
 
$
0.66

Earnings (Loss) per Common Share Attributable to
Cliffs Common Shareholders - Diluted:
$
(0.54
)
 
$
0.66