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ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) | 12 Months Ended
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Dec. 31, 2018
Equity [Abstract] |
Comprehensive Income (Loss) Note [Text Block] | NOTE 15 - ACCUMULATED OTHER COMPREHENSIVE LOSS The components of Accumulated other comprehensive loss within Cliffs shareholders’ equity (deficit) and related tax effects allocated to each are shown below:
| (In Millions)
| Pre-tax Amount |  | Tax Benefit |  | After-tax Amount
As of December 31, 2018: |  |  |  |  |
Postretirement benefit liability | $ | (408.1 | ) |  | $ | 127.0 |  |  | $ | (281.1 | )
Unrealized net loss on derivative financial instruments | (3.5 | ) |  | 0.7 |  |  | (2.8 | )
| $ | (411.6 | ) |  | $ | 127.7 |  |  | $ | (283.9 | )
As of December 31, 2017: |  |  |  |  |
Postretirement benefit liability | $ | (387.3 | ) |  | $ | 123.4 |  |  | $ | (263.9 | )
Foreign currency translation adjustments | 225.4 |  |  | — |  |  | 225.4 |
Unrealized net loss on derivative financial instruments | (0.5 | ) |  | — |  |  | (0.5 | )
| $ | (162.4 | ) |  | $ | 123.4 |  |  | $ | (39.0 | )
As of December 31, 2016: |  |  |  |  |
Postretirement benefit liability | $ | (384.0 | ) |  | $ | 123.4 |  |  | $ | (260.6 | )
Foreign currency translation adjustments | 239.3 |  |  | — |  |  | 239.3 |
| $ | (144.7 | ) |  | $ | 123.4 |  |  | $ | (21.3 | )
The following tables reflect the changes in Accumulated other comprehensive loss related to Cliffs shareholders’ equity (deficit) for December 31, 2018, 2017 and 2016:
| (In Millions)
| Postretirement Benefit Liability, net of tax |  | Unrealized Net Gain (Loss) on Foreign Currency Translation |  | Net Unrealized Loss on Derivative Financial Instruments, net of tax |  | Accumulated Other Comprehensive Loss
Balance December 31, 2017 | $ | (263.9 | ) |  | $ | 225.4 |  |  | $ | (0.5 | ) |  | $ | (39.0 | )
Other comprehensive income (loss) before reclassifications | (42.9 | ) |  | 2.7 |  |  | (0.6 | ) |  | (40.8 | )
Net loss (gain) reclassified from accumulated other comprehensive loss | 25.7 |  |  | (228.1 | ) |  | (1.7 | ) |  | (204.1 | )
Balance December 31, 2018 | $ | (281.1 | ) |  | $ | — |  |  | $ | (2.8 | ) |  | $ | (283.9 | )
| (In Millions)
| Postretirement Benefit Liability, net of tax |  | Unrealized Net Gain (Loss) on Foreign Currency Translation |  | Net Unrealized Loss on Derivative Financial Instruments, net of tax |  | Accumulated Other Comprehensive Loss
Balance December 31, 2016 | $ | (260.6 | ) |  | $ | 239.3 |  |  | $ | — |  |  | $ | (21.3 | )
Other comprehensive loss before reclassifications | (29.8 | ) |  | (13.9 | ) |  | (0.5 | ) |  | (44.2 | )
Net loss reclassified from accumulated other comprehensive loss | 26.5 |  |  | — |  |  | — |  |  | 26.5 |
Balance December 31, 2017 | $ | (263.9 | ) |  | $ | 225.4 |  |  | $ | (0.5 | ) |  | $ | (39.0 | )
| (In Millions)
| Postretirement Benefit Liability, net of tax |  | Unrealized Net Gain (Loss) on Securities, net of tax |  | Unrealized Net Gain on Foreign Currency Translation |  | Net Unrealized Gain (Loss) on Derivative Financial Instruments, net of tax |  | Accumulated Other Comprehensive Loss
Balance December 31, 2015 | $ | (241.4 | ) |  | $ | 0.1 |  |  | $ | 220.7 |  |  | $ | 2.6 |  |  | $ | (18.0 | )
Other comprehensive income (loss) before reclassifications | (44.8 | ) |  | (0.1 | ) |  | 18.4 |  |  | (3.3 | ) |  | (29.8 | )
Net loss reclassified from accumulated other comprehensive loss | 25.6 |  |  | — |  |  | 0.2 |  |  | 0.7 |  |  | 26.5 |
Balance December 31, 2016 | $ | (260.6 | ) |  | $ | — |  |  | $ | 239.3 |  |  | $ | — |  |  | $ | (21.3 | )
The following table reflects the details about Accumulated other comprehensive loss components related to Cliffs shareholders’ equity:
|  | (In Millions) |  |
Details about Accumulated Other Comprehensive Loss Components |  | Amount of (Gain)/Loss Reclassified into Income |  | Affected Line Item in the Statement of Consolidated Operations
|  | Year Ended December 31, 2018 |  | Year Ended December 31, 2017 |  | Year Ended December 31, 2016 |  |
Amortization of pension and postretirement benefit liability: |  |  |  |  |  |  |  |
Prior service costs 1 |  | $ | (0.8 | ) |  | $ | (0.4 | ) |  | $ | (1.5 | ) |  | Other non-operating income
Net actuarial loss 1 |  | 26.2 |  |  | 26.9 |  |  | 27.1 |  |  | Other non-operating income
Curtailments 1 |  | 0.3 |  |  | — |  |  | — |  |  | Other non-operating income
|  | $ | 25.7 |  |  | $ | 26.5 |  |  | $ | 25.6 |  |  | Net of taxes
Changes in foreign currency translation: |  |  |  |  |  |  |  |
Unrealized gain on dissolution of entity |  | $ | — |  |  | $ | — |  |  | $ | 0.2 |  |  | Other non-operating income
Gain on foreign currency translation 2 |  | (228.1 | ) |  | — |  |  | — |  |  | Income from discontinued operations, net of tax
|  | $ | (228.1 | ) |  | $ | — |  |  | $ | 0.2 |  |  | Net of taxes
Unrealized gain (loss) on derivative financial instruments: |  |  |  |  |  |  |  |
Treasury lock |  | $ | — |  |  | $ | — |  |  | $ | 1.2 |  |  | Gain (loss) on extinguishment/restructuring of debt
Commodity contracts |  | (1.7 | ) |  | — |  |  | — |  |  | Cost of goods sold and operating expenses
|  | (1.7 | ) |  | — |  |  | 1.2 |  |  | Total before taxes
Income tax expense |  | — |  |  | — |  |  | (0.5 | ) |  | Income tax benefit
|  | $ | (1.7 | ) |  | $ | — |  |  | $ | 0.7 |  |  | Net of taxes
Total reclassifications for the period |  | $ | (204.1 | ) |  | $ | 26.5 |  |  | $ | 26.5 |  |  |
1 These accumulated other comprehensive loss components are included in the computation of net periodic benefit cost. See NOTE 8 - PENSIONS AND OTHER POSTRETIREMENT BENEFITS for further information.
2 Represents Australian accumulated currency translation adjustments due to the liquidation of substantially all of our Australian subsidiaries' net assets. See NOTE 13 - DISCONTINUED OPERATIONS for further information.

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- Definition The entire disclosure for comprehensive income, which includes, but is not limited to, 1) the amount of income tax expense or benefit allocated to each component of other comprehensive income, including reclassification adjustments, 2) the reclassification adjustments for each classification of other comprehensive income and 3) the ending accumulated balances for each component of comprehensive income. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -URI http://asc.fasb.org/topic&trid=2134417 + Details
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