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EARNINGS PER SHARE (Tables) | 9 Months Ended
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Sep. 30, 2016
Earnings Per Share [Abstract] |
Earnings Per Share Computation | The following table summarizes the computation of basic and diluted earnings (loss) per share:
| (In Millions, Except Per Share Amounts)
| Three Months Ended September 30, |  | Nine Months Ended September 30,
| 2016 |  | 2015 |  | 2016 |  | 2015
Income (Loss) from Continuing Operations | $ | (25.1 | ) |  | $ | 49.9 |  |  | $ | 119.1 |  |  | $ | 178.5 |
Loss (Income) from Continuing Operations Attributable to Noncontrolling Interest | 2.0 |  |  | 4.6 |  |  | (23.5 | ) |  | (6.2 | )
Net Income (Loss) from Continuing Operations Attributable to Cliffs Shareholders | $ | (23.1 | ) |  | $ | 54.5 |  |  | $ | 95.6 |  |  | $ | 172.3 |
Loss from Discontinued Operations, net of tax | (2.7 | ) |  | (43.9 | ) |  | (0.6 | ) |  | (861.3 | )
Net Income (Loss) Attributable to Cliffs Shareholders | $ | (25.8 | ) |  | $ | 10.6 |  |  | $ | 95.0 |  |  | $ | (689.0 | )
Preferred Stock Dividends | — |  |  | (25.6 | ) |  | — |  |  | (38.4 | )
Net Income (Loss) Attributable to Cliffs Common Shareholders | $ | (25.8 | ) |  | $ | (15.0 | ) |  | $ | 95.0 |  |  | $ | (727.4 | )
Weighted Average Number of Shares: |  |  |  |  |  |  |
Basic | 206.3 |  |  | 153.2 |  |  | 186.5 |  |  | 153.2 |
Employee Stock Plans | — |  |  | — |  |  | 2.0 |  |  | — |
Diluted | 206.3 |  |  | 153.2 |  |  | 188.5 |  |  | 153.2 |
Earnings (Loss) per Common Share Attributable to Cliffs Common Shareholders - Basic: |  |  |  |  |  |  |
Continuing operations | $ | (0.11 | ) |  | $ | 0.19 |  |  | $ | 0.51 |  |  | $ | 0.87 |
Discontinued operations | (0.01 | ) |  | (0.29 | ) |  | — |  |  | (5.62 | )
| $ | (0.12 | ) |  | $ | (0.10 | ) |  | $ | 0.51 |  |  | $ | (4.75 | )
Earnings (Loss) per Common Share Attributable to Cliffs Common Shareholders - Diluted: |  |  |  |  |  |  |
Continuing operations | $ | (0.11 | ) |  | $ | 0.19 |  |  | $ | 0.51 |  |  | $ | 0.87 |
Discontinued operations | (0.01 | ) |  | (0.29 | ) |  | — |  |  | (5.62 | )
| $ | (0.12 | ) |  | $ | (0.10 | ) |  | $ | 0.51 |  |  | $ | (4.75 | )

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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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