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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] Ìý
Earnings Per Share Computation
The following table summarizes the computation of basic and diluted earnings (loss) per share:
Ìý
(In Millions, Except Per Share Amounts)
Ìý
Three Months Ended
March 31,
Ìý
2014
Ìý
2013
NET INCOME (LOSS) ATTRIBUTABLE TO CLIFFS SHAREHOLDERS
$
(70.3
)
Ìý
$
107.0

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

Weighted Average Number of Shares:
Ìý
Ìý
Ìý
Basic
153.0

Ìý
147.8

Depositary Shares
—

Ìý
—

Employee Stock Plans
—

Ìý
0.3

Diluted
153.0

Ìý
148.1

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

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