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EARNINGS PER SHARE (Tables) | 12 Months Ended
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Dec. 31, 2015
Earnings Per Share [Abstract] |
Earnings Per Share Computation | The following table summarizes the computation of basic and diluted earnings per share attributable to Cliffs shareholders:
| (In Millions, Except Per Share Amounts)
| Year Ended December 31,
| 2015 |  | 2014 |  | 2013
Income from Continuing Operations | $ | 143.7 |  |  | $ | 56.4 |  |  | $ | 878.9 |
Income from Continuing Operations Attributable to Noncontrolling Interest | (8.6 | ) |  | (25.9 | ) |  | (14.8 | )
Net Income from Continuing Operations attributable to Cliffs shareholders | $ | 135.1 |  |  | $ | 30.5 |  |  | $ | 864.1 |
Loss from Discontinued Operations, net of tax | (884.4 | ) |  | (7,254.7 | ) |  | (450.6 | )
NET INCOME (LOSS) ATTRIBUTABLE TO CLIFFS SHAREHOLDERS | $ | (749.3 | ) |  | $ | (7,224.2 | ) |  | $ | 413.5 |
PREFERRED STOCK DIVIDENDS | (38.4 | ) |  | (51.2 | ) |  | (48.7 | )
NET INCOME (LOSS) ATTRIBUTABLE TO CLIFFS COMMON SHAREHOLDERS | $ | (787.7 | ) |  | $ | (7,275.4 | ) |  | $ | 364.8 |
Weighted Average Number of Shares: |  |  |  |  |
Basic | 153.2 |  |  | 153.1 |  |  | 151.7 |
Depositary Shares | — |  |  | — |  |  | 22.1 |
Employee Stock Plans | 0.4 |  |  | — |  |  | 0.5 |
Diluted | 153.6 |  |  | 153.1 |  |  | 174.3 |
Earnings (loss) per Common Share Attributable to Cliffs Common Shareholders - Basic: |  |  |  |  |
Continuing operations | $ | 0.63 |  |  | $ | (0.14 | ) |  | $ | 5.37 |
Discontinued operations | (5.77 | ) |  | (47.38 | ) |  | (2.97 | )
| $ | (5.14 | ) |  | $ | (47.52 | ) |  | $ | 2.40 |
Earnings (loss) per Common Share Attributable to Cliffs Common Shareholders - Diluted: |  |  |  |  |
Continuing operations | $ | 0.63 |  |  | $ | (0.14 | ) |  | $ | 4.95 |
Discontinued operations | (5.76 | ) |  | (47.38 | ) |  | (2.58 | )
| $ | (5.13 | ) |  | $ | (47.52 | ) |  | $ | 2.37 |
The diluted earnings per share calculation excludes 25.3 million and 25.2 million depositary shares that were anti-dilutive for the years ended December 31, 2015 and 2014, respectively. Additionally, the year ended December 31, 2014 diluted earnings per share calculation also excludes 0.7 million of equity plan awards. There was no anti-dilution for the year ended December 31, 2013.

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
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