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Quarterly report pursuant to Section 13 or 15(d)

EARNINGS PER SHARE - Earnings Per Share Computation (Details)

v3.24.2
EARNINGS PER SHARE - Earnings Per Share Computation (Details) - USD ($)
$ / shares in Units, shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Earnings Per Share [Abstract] Ìý Ìý Ìý Ìý
Income (loss) from continuing operations $ 9 $ 356 $ (44) $ 313
Income attributable to noncontrolling interests (7) (9) (21) (24)
Net income (loss) from continuing operations attributable to Cliffs shareholders 2 347 (65) 289
Income from discontinued operations, net of tax 0 0 0 1
Net income (loss) attributable to Cliffs shareholders $ 2 $ 347 $ (65) $ 290
Weighted average number of shares: Ìý Ìý Ìý Ìý
Basic (in shares) 473 513 483 514
Employee stock plans (in shares) 1 1 0 1
Diluted (in shares) 474 514 483 515
Earnings (loss) per common share attributable to Cliffs shareholders - basic: Ìý Ìý Ìý Ìý
Continuing operations (in dollars per share) $ 0 $ 0.68 $ (0.13) $ 0.56
Discontinued operations (in dollars per share) 0 0 0 0
Earnings per Common Share - Basic (in dollars per share) 0 0.68 (0.13) 0.56
Earnings (loss) per common share attributable to Cliffs shareholders - diluted: Ìý Ìý Ìý Ìý
Continuing operations (in dollars per share) 0 0.67 (0.13) 0.56
Discontinued operations (in dollars per share) 0 0 0 0
Earnings per Common Share - Diluted (in dollars per share) $ 0 $ 0.67 $ (0.13) $ 0.56