Annual report [Section 13 and 15(d), not S-K Item 405]

SEGMENT REPORTING - Reconciliation of Net Income (Loss) to Adjusted EBITDA (Details)

v3.25.0.1
SEGMENT REPORTING - Reconciliation of Net Income (Loss) to Adjusted EBITDA (Details) - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Segment Reporting Information [Line Items]      
Revenues $ 19,185 $ 21,996 $ 22,989
Cost of goods sold 19,115 20,605 20,471
Selling, general and administrative expenses 486 577 465
Net periodic benefit credits other than service cost component (247) (204) (212)
Segment Reporting, Other Segment Item, Amount (2) (80) (130)
Adjusted EBITDA 780 1,911 3,169
Interest expense, net (370) (289) (276)
Income tax benefit (expense) 235 (148) (423)
Depreciation, depletion and amortization (951) (973) (1,034)
Restructuring Costs and Asset Impairment Charges 210    
Loss on extinguishment of debt (27) 0 (75)
Capital additions 817 785 1,033
Net income (loss) (708) 450 1,376
Income from continuing operations attributable to noncontrolling interest 46 51 41
Steelmaking      
Segment Reporting Information [Line Items]      
Revenues 18,620 21,413 22,462
Cost of goods sold 18,605 20,055 20,004
Selling, general and administrative expenses 457 549 439
Net periodic benefit credits other than service cost component (247) (204) (212)
Segment Reporting, Other Segment Item, Amount (2) (78) (136)
Adjusted EBITDA 722 1,873 3,089
Depreciation, depletion and amortization (919) (938) (994)
Capital additions 812 782 1,003
Other Businesses      
Segment Reporting Information [Line Items]      
Revenues 656 665 606
Cost of goods sold 606 627 557
Selling, general and administrative expenses 29 28 26
Net periodic benefit credits other than service cost component 0 0 0
Segment Reporting, Other Segment Item, Amount 0 (2) 6
Adjusted EBITDA 53 43 69
Depreciation, depletion and amortization (32) (35) (40)
Capital additions 5 3 30
Eliminations      
Segment Reporting Information [Line Items]      
Revenues (91) (82) (79)
Cost of goods sold (96) (77) (90)
Selling, general and administrative expenses 0 0 0
Net periodic benefit credits other than service cost component 0 0 0
Segment Reporting, Other Segment Item, Amount 0 0 0
Adjusted EBITDA 5 (5) 11
Depreciation, depletion and amortization 0 0 0
Capital additions 0 0 0
EBITDA Calculation      
Segment Reporting Information [Line Items]      
Interest expense, net (370) (289) (276)
Income tax benefit (expense) 235 (148) (423)
Depreciation, depletion and amortization (951) (973) (1,034)
EBITDA of noncontrolling interests 76 83 74
Restructuring Costs and Asset Impairment Charges (217)    
Acquisition-related costs (44) (12) (1)
Unrealized Gain (Loss) on Derivatives and Commodity Contracts (41)    
Amortization Of Inventory Step-Up (26)    
Expenses and Losses, Reporting Currency Denominated, Value (20)    
Gain (Loss) on Disposition of Other Assets (16) (15) (22)
Other, net (16) 18 (36)
Net income (loss)   450  
Income from continuing operations attributable to noncontrolling interest 46 51  
Depreciation, Depletion And Amortization Attributable To Noncontrolling Interests 30 $ 32  
Adjusted EBITDA Calculation      
Segment Reporting Information [Line Items]      
Litigation Settlement, Amount Awarded to Other Party (71)    
Loss on extinguishment of debt $ (27)   (75)
Income from continuing operations attributable to noncontrolling interest     41
Depreciation, Depletion And Amortization Attributable To Noncontrolling Interests     $ 33