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Annual report pursuant to Section 13 and 15(d)

EARNINGS PER SHARE

v2.4.0.6
EARNINGS PER SHARE
12 Months Ended
Dec. 31, 2012
Earnings Per Share [Abstract] Ìý
EARNINGS PER SHARE
NOTE 19 - EARNINGS PER SHARE
The following table summarizes the computation of basic and diluted earnings per share attributable to Cliffs shareholders:
Ìý
Ìý
Ìý
Ìý
Ìý
Year Ended
December 31,
Ìý
2012
Ìý
2011
Ìý
2010
Net Income (Loss) from Continuing Operations attributable to
Cliffs shareholders
$
(935.3
)
Ìý
$
1,599.0

Ìý
$
997.4

Income (Loss) and Gain on Sale from Discontinued Operations,
ÌýÌýÌýÌýnet of tax
35.9

Ìý
20.1

Ìý
22.5

Net Income (Loss) Attributable to Cliffs Shareholders
$
(899.4
)
Ìý
$
1,619.1

Ìý
$
1,019.9

Weighted Average Number of Shares:
Ìý
Ìý
Ìý
Ìý
Ìý
Basic
142.4

Ìý
140.2

Ìý
135.3

Employee Stock Plans
—

Ìý
0.8

Ìý
0.8

Diluted
142.4

Ìý
141.0

Ìý
136.1

Earnings (loss) per Common Share Attributable to Cliffs
Shareholders - Basic:
Ìý
Ìý
Ìý
Ìý
Ìý
Continuing operations
$
(6.57
)
Ìý
$
11.41

Ìý
$
7.37

Discontinued operations
0.25

Ìý
0.14

Ìý
0.17

Ìý
$
(6.32
)
Ìý
$
11.55

Ìý
$
7.54

Earnings (loss) per Common Share Attributable to Cliffs
Shareholders - Diluted:
Ìý
Ìý
Ìý
Ìý
Ìý
Continuing operations
$
(6.57
)
Ìý
$
11.34

Ìý
$
7.32

Discontinued operations
0.25

Ìý
0.14

Ìý
0.17

Ìý
$
(6.32
)
Ìý
$
11.48

Ìý
$
7.49