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SHAREHOLDERS' EQUITY Shareholders' Equity (Tables) | 9 Months Ended
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Sep. 30, 2017
Equity [Abstract] |
Schedule of Stockholders Equity | The following table reflects the changes in shareholders' deficit attributable to both Cliffs and the noncontrolling interests, primarily related to Tilden and Empire. Cliffs owns 100% of both mines as of September 30, 2017 and 85% and 79%, respectively, as of September 30, 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 income (loss) | 57.1 |  |  | (3.9 | ) |  | 53.2 |
Other comprehensive income | 4.2 |  |  | 1.1 |  |  | 5.3 |
Total comprehensive income (loss) | 61.3 |  |  | (2.8 | ) |  | 58.5 |
Issuance of common shares | 661.3 |  |  | — |  |  | 661.3 |
Stock and other incentive plans | 13.5 |  |  | — |  |  | 13.5 |
Acquisition of noncontrolling interest | (89.1 | ) |  | (15.9 | ) |  | (105.0 | )
Distribution of partnership equity | (16.0 | ) |  | (116.7 | ) |  | (132.7 | )
Distributions to noncontrolling interest | — |  |  | 1.8 |  |  | 1.8 |
September 30, 2017 | $ | (833.3 | ) |  | $ | 0.2 |  |  | $ | (833.1 | )
| (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 | 95.0 |  |  | 23.5 |  |  | 118.5 |
Other comprehensive income | 16.8 |  |  | 2.2 |  |  | 19.0 |
Total comprehensive income | 111.8 |  |  | 25.7 |  |  | 137.5 |
Issuance of common shares | 315.2 |  |  | — |  |  | 315.2 |
Stock and other incentive plans | 10.1 |  |  | — |  |  | 10.1 |
Distributions of partnership equity | — |  |  | (48.8 | ) |  | (48.8 | )
Distributions to noncontrolling interest | — |  |  | (2.9 | ) |  | (2.9 | )
September 30, 2016 | $ | (1,544.3 | ) |  | $ | 143.8 |  |  | $ | (1,400.5 | )
Schedule of Accumulated Other Comprehensive Income (Loss) | The following table reflects the changes in Accumulated other comprehensive loss related to Cliffs shareholders’ deficit for September 30, 2017 and September 30, 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 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 loss | 6.4 |  |  | — |  |  | 6.4 |
March 31, 2017 | $ | (250.9 | ) |  | $ | 226.6 |  |  | $ | (24.3 | )
Other comprehensive loss before reclassifications | (0.1 | ) |  | (1.5 | ) |  | (1.6 | )
Net loss reclassified from accumulated other comprehensive loss | 6.5 |  |  | — |  |  | 6.5 |
June 30, 2017 | $ | (244.5 | ) |  | $ | 225.1 |  |  | $ | (19.4 | )
Other comprehensive income (loss) before reclassifications | (18.7 | ) |  | 0.5 |  |  | (18.2 | )
Net loss reclassified from accumulated other comprehensive loss | 6.8 |  |  | — |  |  | 6.8 |
September 30, 2017 | $ | (256.4 | ) |  | $ | 225.6 |  |  | $ | (30.8 | )
| (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 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 reclassified from accumulated other comprehensive loss | 6.3 |  |  | — |  |  | — |  |  | — |  |  | 6.3 |
March 31, 2016 | $ | (236.6 | ) |  | $ | — |  |  | $ | 225.1 |  |  | $ | (0.8 | ) |  | $ | (12.3 | )
Other comprehensive income (loss) before reclassifications | (0.4 | ) |  | — |  |  | (2.7 | ) |  | 0.1 |  |  | (3.0 | )
Net loss reclassified from accumulated other comprehensive loss | 6.3 |  |  | — |  |  | — |  |  | — |  |  | 6.3 |
June 30, 2016 | $ | (230.7 | ) |  | $ | — |  |  | $ | 222.4 |  |  | $ | (0.7 | ) |  | $ | (9.0 | )
Other comprehensive income (loss) before reclassifications | (0.5 | ) |  | — |  |  | 0.9 |  |  | — |  |  | 0.4 |
Net loss reclassified from accumulated other comprehensive income (loss) | 6.7 |  |  | — |  |  | — |  |  | 0.7 |  |  | 7.4 |
September 30, 2016 | $ | (224.5 | ) |  | $ | — |  |  | $ | 223.3 |  |  | $ | — |  |  | $ | (1.2 | )
Details of Accumulated Other Comprehensive Income (Loss) Components | The following table reflects the details about Accumulated other comprehensive loss components related to Cliffs shareholders’ deficit for the three and nine months ended September 30, 2017 and 2016:
|  | (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 September 30, |  | Nine Months Ended September 30, |
| 2017 |  | 2016 |  | 2017 |  | 2016 |
Amortization of pension and postretirement benefit liability: |  |  |  |  |  |  |  |  |  |
Prior service credits 1 |  | $ | (0.2 | ) |  | $ | (0.4 | ) |  | $ | (0.4 | ) |  | $ | (1.2 | ) |  |
Net actuarial loss 1 |  | 7.0 |  |  | 7.1 |  |  | 20.1 |  |  | 20.4 |  |  |
Total before taxes |  | 6.8 |  |  | 6.7 |  |  | 19.7 |  |  | 19.2 |  |  |
|  | — |  |  | — |  |  | — |  |  | — |  |  | Income tax benefit
|  | $ | 6.8 |  |  | $ | 6.7 |  |  | $ | 19.7 |  |  | $ | 19.2 |  |  |
Unrealized gain (loss) on derivative financial instruments: |  |  |  |  |  |  |  |  |  |
Treasury lock |  | $ | — |  |  | $ | 1.2 |  |  | $ | — |  |  | $ | 1.2 |  |  | Gain (loss) on extinguishment/restructuring of debt
|  | — |  |  | (0.5 | ) |  | — |  |  | (0.5 | ) |  | Income tax benefit
|  | $ | — |  |  | $ | 0.7 |  |  | $ | — |  |  | $ | 0.7 |  |  | Net of taxes
Total reclassifications for the period, net of tax |  | $ | 6.8 |  |  | $ | 7.4 |  |  | $ | 19.7 |  |  | $ | 19.9 |  |  |
1 These accumulated other comprehensive income components are included in the computation of net periodic benefit cost (credit). Refer to NOTE 7 - PENSIONS AND OTHER POSTRETIREMENT BENEFITS for further information.

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