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SEGMENT REPORTING (Schedule Of Segment Reporting Information, By Segment) (Details) (USD $)
In Millions, unless otherwise specified |
3 Months Ended | |||||
|---|---|---|---|---|---|---|
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Mar. 31, 2015
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Mar. 31, 2014
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| Segment Reporting Information [Line Items] | Ìý | Ìý | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $ (761.7)us-gaap_ProfitLoss | $ (70.7)us-gaap_ProfitLoss | ||||
| Revenues from producet sales and services, percent | 100.00%clf_PercentageOfSegmentRevenue | 100.00%clf_PercentageOfSegmentRevenue | ||||
| Revenues from product sales and services | 446.0us-gaap_Revenues | 615.5us-gaap_Revenues | ||||
| Sales Margin | 80.8us-gaap_GrossProfit | 190.0us-gaap_GrossProfit | ||||
| Other operating expense | (8.9)us-gaap_OperatingExpenses | (50.8)us-gaap_OperatingExpenses | ||||
| Other expense | 270.0us-gaap_NonoperatingIncomeExpense | (39.6)us-gaap_NonoperatingIncomeExpense | ||||
| INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES AND EQUITY LOSS FROM VENTURES | 341.9us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments | 99.6us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments | ||||
| Depreciation, depletion and amortization | 33.0us-gaap_DepreciationDepletionAndAmortization | 141.1us-gaap_DepreciationDepletionAndAmortization | ||||
| Depreciation, Depletion and Amortization excluding Depreciation, Amortization and Depletion expense for Discontinued Operations | 29.8clf_DepreciationDepletionandAmortizationexcludingDepreciationAmortizationandDepletionexpenseforDiscontinuedOperations | 69.7clf_DepreciationDepletionandAmortizationexcludingDepreciationAmortizationandDepletionexpenseforDiscontinuedOperations | ||||
| EBITDA | (509.5)clf_EBITDA | 91.3clf_EBITDA | ||||
| Capital Additions | 13.3us-gaap_PropertyPlantAndEquipmentAdditions | [1] | 19.0us-gaap_PropertyPlantAndEquipmentAdditions | [1] | ||
| Interest Income (Expense), net, including Discontinued Operations | (44.2)clf_InterestIncomeExpensenetincludingDiscontinuedOperations | (42.7)clf_InterestIncomeExpensenetincludingDiscontinuedOperations | ||||
| Income Tax Expense (Benefit), including Discontinued Operations | (175.0)clf_IncomeTaxExpenseBenefitincludingDiscontinuedOperations | 21.8clf_IncomeTaxExpenseBenefitincludingDiscontinuedOperations | ||||
| Gain on extinguishment of debt | 313.7us-gaap_GainsLossesOnExtinguishmentOfDebt | 0us-gaap_GainsLossesOnExtinguishmentOfDebt | ||||
| Adjusted EBITDA | 94.4clf_AdjustedEBITDA | 208.6clf_AdjustedEBITDA | ||||
| U.S. Iron Ore [Member] | Ìý | Ìý | ||||
| Segment Reporting Information [Line Items] | Ìý | Ìý | ||||
| Revenues from producet sales and services, percent |
70.00%clf_PercentageOfSegmentRevenue / us-gaap_StatementBusinessSegmentsAxis = clf_USIronOreMember |
59.00%clf_PercentageOfSegmentRevenue / us-gaap_StatementBusinessSegmentsAxis = clf_USIronOreMember |
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| Revenues from product sales and services |
311.8us-gaap_Revenues / us-gaap_StatementBusinessSegmentsAxis = clf_USIronOreMember |
361.3us-gaap_Revenues / us-gaap_StatementBusinessSegmentsAxis = clf_USIronOreMember |
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| Sales Margin |
80.0us-gaap_GrossProfit / us-gaap_StatementBusinessSegmentsAxis = clf_USIronOreMember |
95.0us-gaap_GrossProfit / us-gaap_StatementBusinessSegmentsAxis = clf_USIronOreMember |
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| Depreciation, depletion and amortization |
21.7us-gaap_DepreciationDepletionAndAmortization / us-gaap_StatementBusinessSegmentsAxis = clf_USIronOreMember |
28.7us-gaap_DepreciationDepletionAndAmortization / us-gaap_StatementBusinessSegmentsAxis = clf_USIronOreMember |
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| EBITDA |
101.6clf_EBITDA / us-gaap_StatementBusinessSegmentsAxis = clf_USIronOreMember |
123.6clf_EBITDA / us-gaap_StatementBusinessSegmentsAxis = clf_USIronOreMember |
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| Capital Additions |
9.5us-gaap_PropertyPlantAndEquipmentAdditions / us-gaap_StatementBusinessSegmentsAxis = clf_USIronOreMember |
[1] |
14.9us-gaap_PropertyPlantAndEquipmentAdditions / us-gaap_StatementBusinessSegmentsAxis = clf_USIronOreMember |
[1] | ||
| Adjusted EBITDA |
105.1clf_AdjustedEBITDA / us-gaap_StatementBusinessSegmentsAxis = clf_USIronOreMember |
128.7clf_AdjustedEBITDA / us-gaap_StatementBusinessSegmentsAxis = clf_USIronOreMember |
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| Asia Pacific Iron Ore [Member] | Ìý | Ìý | ||||
| Segment Reporting Information [Line Items] | Ìý | Ìý | ||||
| Revenues from producet sales and services, percent |
30.00%clf_PercentageOfSegmentRevenue / us-gaap_StatementBusinessSegmentsAxis = clf_AsiaPacificIronOreMember |
41.00%clf_PercentageOfSegmentRevenue / us-gaap_StatementBusinessSegmentsAxis = clf_AsiaPacificIronOreMember |
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| Revenues from product sales and services |
134.2us-gaap_Revenues / us-gaap_StatementBusinessSegmentsAxis = clf_AsiaPacificIronOreMember |
254.2us-gaap_Revenues / us-gaap_StatementBusinessSegmentsAxis = clf_AsiaPacificIronOreMember |
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| Sales Margin |
0.8us-gaap_GrossProfit / us-gaap_StatementBusinessSegmentsAxis = clf_AsiaPacificIronOreMember |
66.3us-gaap_GrossProfit / us-gaap_StatementBusinessSegmentsAxis = clf_AsiaPacificIronOreMember |
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| Depreciation, depletion and amortization |
6.3us-gaap_DepreciationDepletionAndAmortization / us-gaap_StatementBusinessSegmentsAxis = clf_AsiaPacificIronOreMember |
39.1us-gaap_DepreciationDepletionAndAmortization / us-gaap_StatementBusinessSegmentsAxis = clf_AsiaPacificIronOreMember |
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| EBITDA |
18.0clf_EBITDA / us-gaap_StatementBusinessSegmentsAxis = clf_AsiaPacificIronOreMember |
85.3clf_EBITDA / us-gaap_StatementBusinessSegmentsAxis = clf_AsiaPacificIronOreMember |
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| Capital Additions |
3.4us-gaap_PropertyPlantAndEquipmentAdditions / us-gaap_StatementBusinessSegmentsAxis = clf_AsiaPacificIronOreMember |
[1] |
3.2us-gaap_PropertyPlantAndEquipmentAdditions / us-gaap_StatementBusinessSegmentsAxis = clf_AsiaPacificIronOreMember |
[1] | ||
| Adjusted EBITDA |
5.7clf_AdjustedEBITDA / us-gaap_StatementBusinessSegmentsAxis = clf_AsiaPacificIronOreMember |
99.1clf_AdjustedEBITDA / us-gaap_StatementBusinessSegmentsAxis = clf_AsiaPacificIronOreMember |
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| Discontinued Operations [Member] | Ìý | Ìý | ||||
| Segment Reporting Information [Line Items] | Ìý | Ìý | ||||
| Eliminations with Discontinued Operations |
0clf_EliminationswithDiscontinuedOperations / us-gaap_StatementBusinessSegmentsAxis = us-gaap_SegmentDiscontinuedOperationsMember |
28.7clf_EliminationswithDiscontinuedOperations / us-gaap_StatementBusinessSegmentsAxis = us-gaap_SegmentDiscontinuedOperationsMember |
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| All Other Segments [Member] | Ìý | Ìý | ||||
| Segment Reporting Information [Line Items] | Ìý | Ìý | ||||
| Depreciation, depletion and amortization |
1.8us-gaap_DepreciationDepletionAndAmortization / us-gaap_StatementBusinessSegmentsAxis = us-gaap_AllOtherSegmentsMember |
1.9us-gaap_DepreciationDepletionAndAmortization / us-gaap_StatementBusinessSegmentsAxis = us-gaap_AllOtherSegmentsMember |
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| Capital Additions |
0.4us-gaap_PropertyPlantAndEquipmentAdditions / us-gaap_StatementBusinessSegmentsAxis = us-gaap_AllOtherSegmentsMember |
[1] |
0.9us-gaap_PropertyPlantAndEquipmentAdditions / us-gaap_StatementBusinessSegmentsAxis = us-gaap_AllOtherSegmentsMember |
[1] | ||
| Other Segment [Member] | Ìý | Ìý | ||||
| Segment Reporting Information [Line Items] | Ìý | Ìý | ||||
| EBITDA |
(629.1)clf_EBITDA / us-gaap_StatementBusinessSegmentsAxis = clf_OtherSegmentMember |
(117.6)clf_EBITDA / us-gaap_StatementBusinessSegmentsAxis = clf_OtherSegmentMember |
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| Adjusted EBITDA |
(16.4)clf_AdjustedEBITDA / us-gaap_StatementBusinessSegmentsAxis = clf_OtherSegmentMember |
(19.2)clf_AdjustedEBITDA / us-gaap_StatementBusinessSegmentsAxis = clf_OtherSegmentMember |
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| EBITDA Calculation [Member] | Ìý | Ìý | ||||
| Segment Reporting Information [Line Items] | Ìý | Ìý | ||||
| Depreciation, depletion and amortization |
(33.0)us-gaap_DepreciationDepletionAndAmortization / clf_EBITDACalculationAxis = clf_EBITDACalculationMember |
(141.1)us-gaap_DepreciationDepletionAndAmortization / clf_EBITDACalculationAxis = clf_EBITDACalculationMember |
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| Adjusted EBITDA Calculation [Member] | Ìý | Ìý | ||||
| Segment Reporting Information [Line Items] | Ìý | Ìý | ||||
| Impact of Discontinued Operations |
(924.1)clf_ImpactofDiscontinuedOperations / clf_AdjustedEBITACalculationAxis = clf_AdjustedEBITDACalculationMember |
(118.1)clf_ImpactofDiscontinuedOperations / clf_AdjustedEBITACalculationAxis = clf_AdjustedEBITDACalculationMember |
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| North American Coal Impact |
(5.5)clf_NorthAmericanCoalImpact / clf_AdjustedEBITACalculationAxis = clf_AdjustedEBITDACalculationMember |
18.2clf_NorthAmericanCoalImpact / clf_AdjustedEBITACalculationAxis = clf_AdjustedEBITDACalculationMember |
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| Foreign Exchange Remeasurement |
13.5clf_ForeignExchangeRemeasurement / clf_AdjustedEBITACalculationAxis = clf_AdjustedEBITDACalculationMember |
(11.4)clf_ForeignExchangeRemeasurement / clf_AdjustedEBITACalculationAxis = clf_AdjustedEBITDACalculationMember |
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| Severance Costs in SG&A |
$ (1.5)clf_SeveranceCostsinSGA / clf_AdjustedEBITACalculationAxis = clf_AdjustedEBITDACalculationMember |
$ (6.0)clf_SeveranceCostsinSGA / clf_AdjustedEBITACalculationAxis = clf_AdjustedEBITDACalculationMember |
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- Definition
Adjusted Earnings Before Interest, Taxes and Depreciation, Depletion and Amortization No definition available.
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- Definition
Depreciation, Depletion and Amortization excluding Depreciation, Amortization and Depletion expense for Discontinued Operations No definition available.
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Earnings before Interest, Taxes, and Depreciation, Depletion and Amortization No definition available.
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Eliminations with Discontinued Operations No definition available.
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Foreign Exchange Remeasurement No definition available.
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Impact of Discontinued Operations No definition available.
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Income Tax Expense (Benefit), including Discontinued Operations No definition available.
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Interest Income (Expense), net, including Discontinued Operations No definition available.
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- Definition
North American Coal Impact No definition available.
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Percentage of Segment Revenue No definition available.
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Severance Costs in SG&A No definition available.
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- Definition
The aggregate expense recognized in the current period that allocates the cost of tangible assets, intangible assets, or depleting assets to periods that benefit from use of the assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Difference between the fair value of payments made and the carrying amount of debt which is extinguished prior to maturity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Aggregate revenue less cost of goods and services sold or operating expenses directly attributable to the revenue generation activity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Sum of operating profit and nonoperating income or expense before Income or Loss from equity method investments, income taxes, extraordinary items, and noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The aggregate amount of income or expense from ancillary business-related activities (that is to say, excluding major activities considered part of the normal operations of the business). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Includes selling, general and administrative expense. No definition available.
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- Definition
The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of acquisition of long-lived, physical assets used in the normal conduct of business and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, furniture and fixtures, and computer equipment. No definition available.
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- Definition
Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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