XML 68 R52.htm IDEA: XBRL DOCUMENT
v3.8.0.1

DEBT AND CREDIT FACILITIES (Schedule Of Long-Term Debt) (Details) - USD ($) | Sep. 30, 2017 | Dec. 31, 2016
--- | --- | ---
Debt Instrument [Line Items] |  |
Long-term Debt |  | $ 2,192,600,000
Long-term Debt, Current Maturities |  | 17,500,000
Long-term Debt, Excluding Current Maturities | $ 1,689,400,000 | $ 2,175,100,000
$540 Million 8.25% 2020 Lien Notes [Member] |  |
Debt Instrument [Line Items] |  |
Debt Instrument, Interest Rate, Effective Percentage |  | 9.97%
Debt Instrument, Par Value |  | $ 540,000,000
Unamortized Debt Issuance Expense |  | (8,000,000)
Debt Instrument, Unamortized Discount |  | 25,700,000
Long-term Debt |  | 506,300,000
$218.5 Million 8.00% 2020 Lien Notes [Member] |  |
Debt Instrument [Line Items] |  |
Debt Instrument, Par Value |  | 218,500,000
Unamortized Debt Issuance Expense |  | 0
Debt Instrument, Unamortized Discount |  | 65,700,000
Long-term Debt |  | $ 284,200,000
$544 Million 7.75% 2020 Lien Notes[Member] |  |
Debt Instrument [Line Items] |  |
Debt Instrument, Interest Rate, Effective Percentage |  | 15.55%
Debt Instrument, Par Value |  | $ 430,100,000
Unamortized Debt Issuance Expense |  | (5,800,000)
Debt Instrument, Unamortized Discount |  | 85,200,000
Long-term Debt |  | $ 339,100,000
$400 Million 5.90% 2020 Senior Notes [Member] |  |
Debt Instrument [Line Items] |  |
Debt Instrument, Interest Rate, Effective Percentage | 5.98% | 5.98%
Debt Instrument, Par Value | $ 88,900,000 | $ 225,600,000
Unamortized Debt Issuance Expense | (200,000) | (600,000)
Debt Instrument, Unamortized Discount | 200,000 | 500,000
Long-term Debt | $ 88,500,000 | $ 224,500,000
$500 million 4.80% 2020 Senior Notes [Member] |  |
Debt Instrument [Line Items] |  |
Debt Instrument, Interest Rate, Effective Percentage | 4.83% | 4.83%
Debt Instrument, Par Value | $ 122,400,000 | $ 236,800,000
Unamortized Debt Issuance Expense | (300,000) | (700,000)
Debt Instrument, Unamortized Discount | 100,000 | 200,000
Long-term Debt | $ 122,000,000 | $ 235,900,000
$700 Million 4.875% 2021 Senior Note [Member] |  |
Debt Instrument [Line Items] |  |
Debt Instrument, Interest Rate, Effective Percentage | 4.89% | 4.89%
Debt Instrument, Par Value | $ 138,400,000 | $ 309,400,000
Unamortized Debt Issuance Expense | (300,000) | (1,000,000)
Debt Instrument, Unamortized Discount | 100,000 | 200,000
Long-term Debt | $ 138,000,000 | $ 308,200,000
$1,075 Million 5.75% 2025 Senior Notes [Member] |  |
Debt Instrument [Line Items] |  |
Debt Instrument, Interest Rate, Effective Percentage | 5.75% |
Debt Instrument, Par Value | $ 1,075,000,000 |
Unamortized Debt Issuance Expense | (11,200,000) |
Debt Instrument, Unamortized Discount | 17,000,000 |
Long-term Debt | $ 1,046,800,000 |
$800 Million 6.25% 2040 Senior Notes [Member] |  |
Debt Instrument [Line Items] |  |
Debt Instrument, Interest Rate, Effective Percentage | 6.34% | 6.34%
Debt Instrument, Par Value | $ 298,400,000 | $ 298,400,000
Unamortized Debt Issuance Expense | (2,400,000) | (2,500,000)
Debt Instrument, Unamortized Discount | 3,400,000 | 3,400,000
Long-term Debt | 292,600,000 | 292,500,000
Revolving Credit Facility [Member] |  |
Debt Instrument [Line Items] |  |
Debt Instrument, Par Value | 550,000,000 | 550,000,000
Credit facility, amount outstanding | 0 | 0
Interest Rate Swap [Member] |  |
Debt Instrument [Line Items] |  |
Fair Value Adjustment to Interest Rate Hedge | $ 1,500,000 | $ 1,900,000

X
- Definition Debt Instrument, Par Value + References No definition available. + Details
Name: | clf_DebtInstrumentParValue
Namespace Prefix: | clf_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Fair Value Adjustment to Interest Rate Hedge + References No definition available. + Details
Name: | clf_FairValueAdjustmenttoInterestRateHedge
Namespace Prefix: | clf_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Effective interest rate for the funds borrowed under the debt agreement considering interest compounding and original issue discount or premium. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22(a)(1)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=64930785&loc=d3e28551-108399 + Details
Name: | us-gaap_DebtInstrumentInterestRateEffectivePercentage
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | us-gaap_DebtInstrumentLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Amount, after accumulated amortization, of debt discount. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 1A -URI http://asc.fasb.org/extlink&oid=64930785&loc=d3e28541-108399 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 55 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=64930739&loc=d3e28878-108400 + Details
Name: | us-gaap_DebtInstrumentUnamortizedDiscount
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition The carrying value as of the balance sheet date of the current and noncurrent portions of long-term obligations drawn from a line of credit, which is a bank's commitment to make loans up to a specific amount. Examples of items that might be included in the application of this element may consist of letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to a maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line. Includes short-term obligations that would normally be classified as current liabilities but for which (a) postbalance sheet date issuance of a long term obligation to refinance the short term obligation on a long term basis, or (b) the enterprise has entered into a financing agreement that clearly permits the enterprise to refinance the short-term obligation on a long term basis and the following conditions are met (1) the agreement does not expire within 1 year and is not cancelable by the lender except for violation of an objectively determinable provision, (2) no violation exists at the BS date, and (3) the lender has entered into the financing agreement is expected to be financially capable of honoring the agreement. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(22)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(16)) -URI http://asc.fasb.org/extlink&oid=6879938&loc=d3e572229-122910 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(16)) -URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878 + Details
Name: | us-gaap_LineOfCredit
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amount, after unamortized (discount) premium and debt issuance costs, of long-term debt. Includes, but not limited to, notes payable, bonds payable, debentures, mortgage loans and commercial paper. Excludes capital lease obligations. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(a)(16)) -URI http://asc.fasb.org/extlink&oid=6879938&loc=d3e572229-122910 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(16)) -URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(22)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
Name: | us-gaap_LongTermDebt
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amount, after unamortized (discount) premium and debt issuance costs, of long-term debt, classified as current. Includes, but not limited to, notes payable, bonds payable, debentures, mortgage loans and commercial paper. Excludes capital lease obligations. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19,20) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
Name: | us-gaap_LongTermDebtCurrent
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amount after unamortized (discount) premium and debt issuance costs of long-term debt classified as noncurrent and excluding amounts to be repaid within one year or the normal operating cycle, if longer. Includes, but not limited to, notes payable, bonds payable, debentures, mortgage loans and commercial paper. Excludes capital lease obligations. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
Name: | us-gaap_LongTermDebtNoncurrent
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition The remaining balance of debt issuance expenses that were capitalized and are being amortized against income over the lives of the respective bond issues. This does not include the amounts capitalized as part of the cost of the utility plant or asset. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.17) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
Name: | us-gaap_UnamortizedDebtIssuanceExpense
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Details
Name: | us-gaap_DebtInstrumentAxis=clf_FivehundredfortymillionEightpointtwofiveTwentytwentyFirstLienNotesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=clf_TwohundredEighteenPointFiveMillionEightPointZeroTwentyTwentyOnePointFiveLienNotesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=clf_FivehundredFortyfourMillionSevenPointSevenFiveTwentyTwentySecondLienNotesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=clf_FourHundredMillionFivePointNineZeroTwoThousandAndTwentySeniorNoteMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=clf_FiveHundredMillionFourPointEightZeroPercentSeniorNoteMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=clf_SevenHundredMillionFourPointEightSevenFiveTwoThousandTwentyoneSeniorNoteMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=clf_A500Million5.752025SeniorNotesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=clf_EightHundredMillionSixPointTwoFivePercentSeniorNotesDueTwoThousandFortyMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=us-gaap_RevolvingCreditFacilityMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=us-gaap_InterestRateSwapMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |