XML 42 R25.htm IDEA: XBRL DOCUMENT
v2.4.1.9

EARNINGS PER SHARE | 3 Months Ended
--- | ---
Mar. 31, 2015
Earnings Per Share [Abstract] |
EARNINGS PER SHARE | NOTE 19 - EARNINGS PER SHARE The following table summarizes the computation of basic and diluted earnings (loss) per share:
| (In Millions, Except Per Share Amounts)
| Three Months Ended March 31,
| 2015 |  | 2014
Net Income from Continuing Operations Attributable to Cliffs Shareholders | $ | 168.7 |  |  | $ | 70.1 |
Loss from Discontinued Operations, net of tax | (928.5 | ) |  | (140.4 | )
Net Loss Attributable to Cliffs Shareholders | $ | (759.8 | ) |  | $ | (70.3 | )
Preferred Stock Dividends | (12.8 | ) |  | (12.8 | )
Net Loss Attributable to Cliffs Common Shareholders | $ | (772.6 | ) |  | $ | (83.1 | )
Weighted Average Number of Shares: |  |  |
Basic | 153.2 |  |  | 153.0 |
Depositary Shares | 25.2 |  |  | — |
Employee Stock Plans | 0.3 |  |  | 0.6 |
Diluted | 178.7 |  |  | 153.6 |
Earnings (Loss) per Common Share Attributable to Cliffs Common Shareholders - Basic: |  |  |
Continuing operations | $ | 1.02 |  |  | $ | 0.37 |
Discontinued operations | (6.06 | ) |  | (0.92 | )
| $ | (5.04 | ) |  | $ | (0.55 | )
Earnings (Loss) per Common Share Attributable to Cliffs Common Shareholders - Diluted: |  |  |
Continuing operations | $ | 0.94 |  |  | $ | 0.37 |
Discontinued operations | (5.20 | ) |  | (0.91 | )
| $ | (4.26 | ) |  | $ | (0.54 | )
There was no anti-dilution for the three months ended March 31, 2015. The diluted earnings per share calculation excludes 25.2 million depositary shares that were anti-dilutive for the three months ended March 31, 2014.

X
- Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=7655603&loc=d3e1278-109256 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=7655603&loc=d3e1252-109256 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 55 -Paragraph 52 -URI http://asc.fasb.org/extlink&oid=32703322&loc=d3e4984-109258 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.21) -URI http://asc.fasb.org/extlink&oid=26872669&loc=d3e20235-122688 + Details
Name: | us-gaap_EarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration