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SHAREHOLDERS' EQUITY (Tables) | 9 Months Ended
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Sep. 30, 2018
Equity [Abstract] |
Schedule of Stockholders Equity | The following table reflects the changes in shareholders' deficit attributable to both us and the noncontrolling interests, primarily related to Tilden and Empire. We own 100% of both mines as of September 30, 2018 and September 30, 2017:
| (In Millions)
| Cliffs Shareholders’ Equity (Deficit) |  | Noncontrolling Interest |  | Total Equity (Deficit)
December 31, 2017 | $ | (444.3 | ) |  | $ | 0.2 |  |  | $ | (444.1 | )
Adoption of accounting standard (REFER TO NOTE 2) | 34.0 |  |  | — |  |  | 34.0 |
Comprehensive income (loss) |  |  |  |  |
Net loss | (84.3 | ) |  | — |  |  | (84.3 | )
Other comprehensive income | 7.7 |  |  | — |  |  | 7.7 |
Total comprehensive loss | (76.6 | ) |  | — |  |  | (76.6 | )
Stock and other incentive plans | 1.9 |  |  | — |  |  | 1.9 |
March 31, 2018 | $ | (485.0 | ) |  | $ | 0.2 |  |  | $ | (484.8 | )
Comprehensive income |  |  |  |  |
Net income | 165.1 |  |  | — |  |  | 165.1 |
Other comprehensive income | 9.1 |  |  | — |  |  | 9.1 |
Total comprehensive income | 174.2 |  |  | — |  |  | 174.2 |
Stock and other incentive plans | 4.5 |  |  | — |  |  | 4.5 |
Distributions to noncontrolling interest | — |  |  | (0.2 | ) |  | (0.2 | )
June 30, 2018 | $ | (306.3 | ) |  | $ | — |  |  | $ | (306.3 | )
Comprehensive income (loss) |  |  |  |  |
Net income | 437.8 |  |  | — |  |  | 437.8 |
Other comprehensive loss | (221.2 | ) |  | — |  |  | (221.2 | )
Total comprehensive income | 216.6 |  |  | — |  |  | 216.6 |
Stock and other incentive plans | 3.5 |  |  | — |  |  | 3.5 |
September 30, 2018 | $ | (86.2 | ) |  | $ | — |  |  | $ | (86.2 | )
| (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 | )
Comprehensive income (loss) |  |  |  |  |
Net income (loss) | 31.8 |  |  | (1.7 | ) |  | 30.1 |
Other comprehensive income | 4.9 |  |  | 0.4 |  |  | 5.3 |
Total comprehensive income (loss) | 36.7 |  |  | (1.3 | ) |  | 35.4 |
Stock and other incentive plans | 4.3 |  |  | — |  |  | 4.3 |
Distributions to noncontrolling interest | — |  |  | (3.4 | ) |  | (3.4 | )
June 30, 2017 | $ | (789.1 | ) |  | $ | 122.4 |  |  | $ | (666.7 | )
Comprehensive income |  |  |  |  |
Net income (loss) | 53.4 |  |  | (0.5 | ) |  | 52.9 |
Other comprehensive income | 2.3 |  |  | 5.7 |  |  | 8.0 |
Total comprehensive income | 55.7 |  |  | 5.2 |  |  | 60.9 |
Stock and other incentive plans | 5.2 |  |  | — |  |  | 5.2 |
Acquisition of noncontrolling interest | (89.1 | ) |  | (15.9 | ) |  | (105.0 | )
Distributions of partnership equity | (16.0 | ) |  | (116.7 | ) |  | (132.7 | )
Contributions by noncontrolling interest | — |  |  | 5.2 |  |  | 5.2 |
September 30, 2017 | $ | (833.3 | ) |  | $ | 0.2 |  |  | $ | (833.1 | )
Schedule of Accumulated Other Comprehensive Income (Loss) | The following table reflects the changes in Accumulated other comprehensive loss related to Cliffs shareholders’ deficit:
| (In Millions)
| Changes in Pension and OPEB, net of tax |  | Changes in Foreign Currency Translation |  | Changes in Derivative Financial Instruments, net of tax |  | Accumulated Other Comprehensive Loss
December 31, 2017 | $ | (263.9 | ) |  | $ | 225.4 |  |  | $ | (0.5 | ) |  | $ | (39.0 | )
Other comprehensive income before reclassifications | 0.5 |  |  | 0.7 |  |  | 0.4 |  |  | 1.6 |
Net loss (gain) reclassified from accumulated other comprehensive loss | 6.2 |  |  | — |  |  | (0.1 | ) |  | 6.1 |
March 31, 2018 | $ | (257.2 | ) |  | $ | 226.1 |  |  | $ | (0.2 | ) |  | $ | (31.3 | )
Other comprehensive income before reclassifications | 0.2 |  |  | 2.2 |  |  | 0.2 |  |  | 2.6 |
Net loss reclassified from accumulated other comprehensive loss | 6.5 |  |  | — |  |  | — |  |  | 6.5 |
June 30, 2018 | $ | (250.5 | ) |  | $ | 228.3 |  |  | $ | — |  |  | $ | (22.2 | )
Other comprehensive income (loss) before reclassifications | 0.3 |  |  | (0.2 | ) |  | 0.2 |  |  | 0.3 |
Net loss (gain) reclassified from accumulated other comprehensive loss | 6.5 |  |  | (228.1 | ) |  | 0.1 |  |  | (221.5 | )
September 30, 2018 | $ | (243.7 | ) |  | $ | — |  |  | $ | 0.3 |  |  | $ | (243.4 | )
| (In Millions)
| Changes in Pension and OPEB, net of tax |  | Changes in 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 | )
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:
|  | (In Millions) |  |
Details about Accumulated Other Comprehensive Loss Components |  | Amount of (Gain)/Loss Reclassified into Income, Net of Tax |  | Affected Line Item in the Statement of Unaudited Condensed Consolidated Operations
| Three Months Ended September 30, |  | Nine Months Ended September 30, |
| 2018 |  | 2017 |  | 2018 |  | 2017 |
Amortization of pension and OPEB liability: |  |  |  |  |  |  |  |  |  |
Prior service credits |  | $ | (0.1 | ) |  | $ | (0.2 | ) |  | $ | (0.5 | ) |  | $ | (0.4 | ) |  | Other non-operating income
Net actuarial loss |  | 6.6 |  |  | 7.0 |  |  | 19.7 |  |  | 20.1 |  |  | Other non-operating income
|  | $ | 6.5 |  |  | $ | 6.8 |  |  | $ | 19.2 |  |  | $ | 19.7 |  |  |
Changes in foreign currency translation: |  |  |  |  |  |  |  |  |  |
Gain on foreign currency translation |  | $ | (228.1 | ) |  | $ | — |  |  | $ | (228.1 | ) |  | $ | — |  |  | Income from Discontinued Operations, net of tax
|  | $ | (228.1 | ) |  | $ | — |  |  | $ | (228.1 | ) |  | $ | — |  |  |
Unrealized loss on derivative financial instruments: |  |  |  |  |  |  |  |  |  |
Commodity contracts |  | $ | 0.1 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | Cost of goods sold and operating expenses
|  | $ | 0.1 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  |
Total reclassifications for the period, net of tax |  | $ | (221.5 | ) |  | $ | 6.8 |  |  | $ | (208.9 | ) |  | $ | 19.7 |  |  |

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