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FAIR VALUE OF FINANCIAL INSTRUMENTS (Schedule Of Quantitative Inputs And Assumptions For Level 3 Assets And Liabilities) (Details) (USD $) | 3 Months Ended |
--- | --- | ---
Mar. 31, 2015 | Dec. 31, 2014
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |
Derivative asset, fair value | $ 34,500,000 us-gaap_DerivativeFairValueOfDerivativeAsset | $ 63,200,000 us-gaap_DerivativeFairValueOfDerivativeAsset
Derivative liability, fair value | 26,500,000 us-gaap_DerivativeFairValueOfDerivativeLiability | 41,000,000 us-gaap_DerivativeFairValueOfDerivativeLiability
Management Estimate of 62% Fe | 62.00%clf_ManagementEstimateOf62Fe |
Not Designated as Hedging Instrument [Member] |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |
Derivative asset, fair value | 34,500,000 us-gaap_DerivativeFairValueOfDerivativeAsset / us-gaap_HedgingDesignationAxis = us-gaap_NondesignatedMember | 63,200,000 us-gaap_DerivativeFairValueOfDerivativeAsset / us-gaap_HedgingDesignationAxis = us-gaap_NondesignatedMember
Derivative liability, fair value | 26,500,000 us-gaap_DerivativeFairValueOfDerivativeLiability / us-gaap_HedgingDesignationAxis = us-gaap_NondesignatedMember | 19,400,000 us-gaap_DerivativeFairValueOfDerivativeLiability / us-gaap_HedgingDesignationAxis = us-gaap_NondesignatedMember
Fair Value, Inputs, Level 3 [Member] | Not Designated as Hedging Instrument [Member] | Managements Estimate Of 62% Fee [Member] |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |
Management Estimate of 62% Fe | 62.00%clf_ManagementEstimateOf62Fe / us-gaap_FairValueByFairValueHierarchyLevelAxis = us-gaap_FairValueInputsLevel3Member / clf_FairValueOfAssetsAndLiabilitiesMeasureOnUnobservableInputAxis = clf_ManagementsEstimateOfSixtyTwoPercentMember / us-gaap_HedgingDesignationAxis = us-gaap_NondesignatedMember |
Fair Value, Inputs, Level 3 [Member] | Not Designated as Hedging Instrument [Member] | Market Approach Valuation Technique [Member] | Provisional Pricing Arrangements [Member] | Managements Estimate Of 62% Fee [Member] |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |
Fair value measurement with unobservable inputs derivative asset range | 51 clf_FairValueMeasurementWithUnobservableInputsDerivativeAssetRange / us-gaap_DerivativeInstrumentRiskAxis = clf_ProvisionalPricingArrangementsMember / us-gaap_FairValueByFairValueHierarchyLevelAxis = us-gaap_FairValueInputsLevel3Member / clf_FairValueOfAssetsAndLiabilitiesMeasureOnUnobservableInputAxis = clf_ManagementsEstimateOfSixtyTwoPercentMember / us-gaap_HedgingDesignationAxis = us-gaap_NondesignatedMember / us-gaap_ValuationTechniqueAxis = us-gaap_MarketApproachValuationTechniqueMember |
Fair Value, Inputs, Level 3 [Member] | Not Designated as Hedging Instrument [Member] | Market Approach Valuation Technique [Member] | Customer Supply Agreement [Member] | Hot-Rolled Steel Estimate [Member] |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |
Fair value measurement with unobservable inputs derivative asset range | 563 clf_FairValueMeasurementWithUnobservableInputsDerivativeAssetRange / us-gaap_DerivativeInstrumentRiskAxis = clf_CustomerSupplyAgreementMember / us-gaap_FairValueByFairValueHierarchyLevelAxis = us-gaap_FairValueInputsLevel3Member / clf_FairValueOfAssetsAndLiabilitiesMeasureOnUnobservableInputAxis = clf_HotRolledSteelEstimateMember / us-gaap_HedgingDesignationAxis = us-gaap_NondesignatedMember / us-gaap_ValuationTechniqueAxis = us-gaap_MarketApproachValuationTechniqueMember |
Fair Value, Inputs, Level 3 [Member] | Not Designated as Hedging Instrument [Member] | Market Approach Valuation Technique [Member] | Customer Supply Agreement [Member] | Hot-Rolled Steel Estimate [Member] | Minimum [Member] |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |
Fair value measurement with unobservable inputs derivative asset range | 540 clf_FairValueMeasurementWithUnobservableInputsDerivativeAssetRange / us-gaap_DerivativeInstrumentRiskAxis = clf_CustomerSupplyAgreementMember / us-gaap_FairValueByFairValueHierarchyLevelAxis = us-gaap_FairValueInputsLevel3Member / clf_FairValueOfAssetsAndLiabilitiesMeasureOnUnobservableInputAxis = clf_HotRolledSteelEstimateMember / us-gaap_HedgingDesignationAxis = us-gaap_NondesignatedMember / us-gaap_RangeAxis = us-gaap_MinimumMember / us-gaap_ValuationTechniqueAxis = us-gaap_MarketApproachValuationTechniqueMember |
Fair Value, Inputs, Level 3 [Member] | Not Designated as Hedging Instrument [Member] | Market Approach Valuation Technique [Member] | Customer Supply Agreement [Member] | Hot-Rolled Steel Estimate [Member] | Maximum [Member] |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |
Fair value measurement with unobservable inputs derivative asset range | 575 clf_FairValueMeasurementWithUnobservableInputsDerivativeAssetRange / us-gaap_DerivativeInstrumentRiskAxis = clf_CustomerSupplyAgreementMember / us-gaap_FairValueByFairValueHierarchyLevelAxis = us-gaap_FairValueInputsLevel3Member / clf_FairValueOfAssetsAndLiabilitiesMeasureOnUnobservableInputAxis = clf_HotRolledSteelEstimateMember / us-gaap_HedgingDesignationAxis = us-gaap_NondesignatedMember / us-gaap_RangeAxis = us-gaap_MaximumMember / us-gaap_ValuationTechniqueAxis = us-gaap_MarketApproachValuationTechniqueMember |
Derivative Financial Instruments, Assets [Member] | Fair Value, Inputs, Level 3 [Member] | Not Designated as Hedging Instrument [Member] | Market Approach Valuation Technique [Member] | Provisional Pricing Arrangements [Member] |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |
Derivative asset, fair value | 0 us-gaap_DerivativeFairValueOfDerivativeAsset / us-gaap_BalanceSheetLocationAxis = us-gaap_DerivativeFinancialInstrumentsAssetsMember / us-gaap_DerivativeInstrumentRiskAxis = clf_ProvisionalPricingArrangementsMember / us-gaap_FairValueByFairValueHierarchyLevelAxis = us-gaap_FairValueInputsLevel3Member / us-gaap_HedgingDesignationAxis = us-gaap_NondesignatedMember / us-gaap_ValuationTechniqueAxis = us-gaap_MarketApproachValuationTechniqueMember | 0 us-gaap_DerivativeFairValueOfDerivativeAsset / us-gaap_BalanceSheetLocationAxis = us-gaap_DerivativeFinancialInstrumentsAssetsMember / us-gaap_DerivativeInstrumentRiskAxis = clf_ProvisionalPricingArrangementsMember / us-gaap_FairValueByFairValueHierarchyLevelAxis = us-gaap_FairValueInputsLevel3Member / us-gaap_HedgingDesignationAxis = us-gaap_NondesignatedMember / us-gaap_ValuationTechniqueAxis = us-gaap_MarketApproachValuationTechniqueMember
Derivative Financial Instruments, Assets [Member] | Fair Value, Inputs, Level 3 [Member] | Not Designated as Hedging Instrument [Member] | Market Approach Valuation Technique [Member] | Customer Supply Agreement [Member] |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |
Derivative asset, fair value | 34,500,000 us-gaap_DerivativeFairValueOfDerivativeAsset / us-gaap_BalanceSheetLocationAxis = us-gaap_DerivativeFinancialInstrumentsAssetsMember / us-gaap_DerivativeInstrumentRiskAxis = clf_CustomerSupplyAgreementMember / us-gaap_FairValueByFairValueHierarchyLevelAxis = us-gaap_FairValueInputsLevel3Member / us-gaap_HedgingDesignationAxis = us-gaap_NondesignatedMember / us-gaap_ValuationTechniqueAxis = us-gaap_MarketApproachValuationTechniqueMember | 63,200,000 us-gaap_DerivativeFairValueOfDerivativeAsset / us-gaap_BalanceSheetLocationAxis = us-gaap_DerivativeFinancialInstrumentsAssetsMember / us-gaap_DerivativeInstrumentRiskAxis = clf_CustomerSupplyAgreementMember / us-gaap_FairValueByFairValueHierarchyLevelAxis = us-gaap_FairValueInputsLevel3Member / us-gaap_HedgingDesignationAxis = us-gaap_NondesignatedMember / us-gaap_ValuationTechniqueAxis = us-gaap_MarketApproachValuationTechniqueMember
Derivative Financial Instruments, Liabilities [Member] | Fair Value, Inputs, Level 3 [Member] | Not Designated as Hedging Instrument [Member] | Market Approach Valuation Technique [Member] | Provisional Pricing Arrangements [Member] |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |
Derivative liability, fair value | 16,200,000 us-gaap_DerivativeFairValueOfDerivativeLiability / us-gaap_BalanceSheetLocationAxis = us-gaap_DerivativeFinancialInstrumentsLiabilitiesMember / us-gaap_DerivativeInstrumentRiskAxis = clf_ProvisionalPricingArrangementsMember / us-gaap_FairValueByFairValueHierarchyLevelAxis = us-gaap_FairValueInputsLevel3Member / us-gaap_HedgingDesignationAxis = us-gaap_NondesignatedMember / us-gaap_ValuationTechniqueAxis = us-gaap_MarketApproachValuationTechniqueMember | 9,500,000 us-gaap_DerivativeFairValueOfDerivativeLiability / us-gaap_BalanceSheetLocationAxis = us-gaap_DerivativeFinancialInstrumentsLiabilitiesMember / us-gaap_DerivativeInstrumentRiskAxis = clf_ProvisionalPricingArrangementsMember / us-gaap_FairValueByFairValueHierarchyLevelAxis = us-gaap_FairValueInputsLevel3Member / us-gaap_HedgingDesignationAxis = us-gaap_NondesignatedMember / us-gaap_ValuationTechniqueAxis = us-gaap_MarketApproachValuationTechniqueMember
Derivative Financial Instruments, Liabilities [Member] | Fair Value, Inputs, Level 3 [Member] | Not Designated as Hedging Instrument [Member] | Market Approach Valuation Technique [Member] | Customer Supply Agreement [Member] |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |
Derivative liability, fair value | $ 0 us-gaap_DerivativeFairValueOfDerivativeLiability / us-gaap_BalanceSheetLocationAxis = us-gaap_DerivativeFinancialInstrumentsLiabilitiesMember / us-gaap_DerivativeInstrumentRiskAxis = clf_CustomerSupplyAgreementMember / us-gaap_FairValueByFairValueHierarchyLevelAxis = us-gaap_FairValueInputsLevel3Member / us-gaap_HedgingDesignationAxis = us-gaap_NondesignatedMember / us-gaap_ValuationTechniqueAxis = us-gaap_MarketApproachValuationTechniqueMember | $ 0 us-gaap_DerivativeFairValueOfDerivativeLiability / us-gaap_BalanceSheetLocationAxis = us-gaap_DerivativeFinancialInstrumentsLiabilitiesMember / us-gaap_DerivativeInstrumentRiskAxis = clf_CustomerSupplyAgreementMember / us-gaap_FairValueByFairValueHierarchyLevelAxis = us-gaap_FairValueInputsLevel3Member / us-gaap_HedgingDesignationAxis = us-gaap_NondesignatedMember / us-gaap_ValuationTechniqueAxis = us-gaap_MarketApproachValuationTechniqueMember

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