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SHAREHOLDERS' EQUITY | 3 Months Ended
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Mar. 31, 2017
Equity [Abstract] |
SHAREHOLDERS' EQUITY | NOTE 15 - SHAREHOLDERS' DEFICIT The following table reflects the changes in shareholders' deficit attributable to both Cliffs and the noncontrolling interests primarily related to Tilden and Empire of which Cliffs owns 85% and 79%, respectively, for the three months ended March 31, 2017 and March 31, 2016:
| (In Millions)
| Cliffs Shareholders’ Equity (Deficit) |  | Noncontrolling Interest (Deficit) |  | Total Equity (Deficit)
December 31, 2016 | $ | (1,464.3 | ) |  | $ | 133.8 |  |  | $ | (1,330.5 | )
Comprehensive loss |  |  |  |  |
Net loss | (28.1 | ) |  | (1.7 | ) |  | (29.8 | )
Other comprehensive loss | (3.0 | ) |  | (5.0 | ) |  | (8.0 | )
Total comprehensive loss | (31.1 | ) |  | (6.7 | ) |  | (37.8 | )
Issuance of common shares | 661.3 |  |  | — |  |  | 661.3 |
Stock and other incentive plans | 4.0 |  |  | — |  |  | 4.0 |
March 31, 2017 | $ | (830.1 | ) |  | $ | 127.1 |  |  | $ | (703.0 | )
| (In Millions)
| Cliffs Shareholders’ Equity (Deficit) |  | Noncontrolling Interest (Deficit) |  | Total Equity (Deficit)
December 31, 2015 | $ | (1,981.4 | ) |  | $ | 169.8 |  |  | $ | (1,811.6 | )
Comprehensive income |  |  |  |  |
Net income | 108.0 |  |  | 8.8 |  |  | 116.8 |
Other comprehensive income | 5.7 |  |  | 0.6 |  |  | 6.3 |
Total comprehensive income | 113.7 |  |  | 9.4 |  |  | 123.1 |
Issuance of common shares | 5.4 |  |  | — |  |  | 5.4 |
Stock and other incentive plans | 2.9 |  |  | — |  |  | 2.9 |
Distributions of partnership equity | — |  |  | (17.0 | ) |  | (17.0 | )
Undistributed losses to noncontrolling interest | — |  |  | 0.5 |  |  | 0.5 |
March 31, 2016 | $ | (1,859.4 | ) |  | $ | 162.7 |  |  | $ | (1,696.7 | )
The following table reflects the changes in Accumulated other comprehensive income (loss) related to Cliffs shareholders’ deficit for March 31, 2017 and March 31, 2016:
| (In Millions)
| Changes in Pension and Other Post-Retirement Benefits, net of tax |  | Unrealized Net Gain (Loss) on Foreign Currency Translation |  | Accumulated Other Comprehensive Income (Loss)
December 31, 2016 | $ | (260.6 | ) |  | $ | 239.3 |  |  | $ | (21.3 | )
Other comprehensive income (loss) before reclassifications | 3.3 |  |  | (12.7 | ) |  | (9.4 | )
Net loss reclassified from accumulated other comprehensive income (loss) | 6.4 |  |  | — |  |  | 6.4 |
March 31, 2017 | $ | (250.9 | ) |  | $ | 226.6 |  |  | $ | (24.3 | )
| (In Millions)
| Changes in Pension and Other Post-Retirement Benefits, net of tax |  | Unrealized Net Gain (Loss) on Securities, net of tax |  | Unrealized Net Gain (Loss) on Foreign Currency Translation |  | Net Unrealized Gain (Loss) on Derivative Financial Instruments, net of tax |  | Accumulated Other Comprehensive Income (Loss)
December 31, 2015 | $ | (241.4 | ) |  | $ | 0.1 |  |  | $ | 220.7 |  |  | $ | 2.6 |  |  | $ | (18.0 | )
Other comprehensive income (loss) before reclassifications | (1.5 | ) |  | (0.1 | ) |  | 4.4 |  |  | (3.4 | ) |  | (0.6 | )
Net loss (gain) reclassified from accumulated other comprehensive income (loss) | 6.3 |  |  | — |  |  | — |  |  | — |  |  | 6.3 |
March 31, 2016 | $ | (236.6 | ) |  | $ | — |  |  | $ | 225.1 |  |  | $ | (0.8 | ) |  | $ | (12.3 | )
The following table reflects the details about Accumulated other comprehensive income (loss) components related to Cliffs shareholders’ deficit for the three months ended March 31, 2017:
|  | (In Millions) |  |
Details about Accumulated Other Comprehensive Income (Loss) Components |  | Amount of (Gain)/Loss Reclassified into Income |  | Affected Line Item in the Statement of Unaudited Condensed Consolidated Operations
| Three Months Ended March 31, |
| 2017 |  | 2016 |
Amortization of pension and postretirement benefit liability: |  |  |  |  |  |
Prior service credits 1 |  | $ | (0.1 | ) |  | $ | (0.4 | ) |  |
Net actuarial loss 1 |  | 6.5 |  |  | 6.7 |  |  |
Total before taxes |  | 6.4 |  |  | 6.3 |  |  |
|  | — |  |  | — |  |  | Income tax benefit (expense)
Total reclassifications for the period, net of tax |  | $ | 6.4 |  |  | $ | 6.3 |  |  |
1 These accumulated other comprehensive income components are included in the computation of net periodic benefit cost (credit). See NOTE 7 - PENSIONS AND OTHER POSTRETIREMENT BENEFITS for further information.

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