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QUARTERLY RESULTS OF OPERATIONS (Tables) | 12 Months Ended
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Dec. 31, 2019
Quarterly Financial Information Disclosure [Abstract] |
Schedule of Quarterly Financial Information [Table Text Block] | The sum of quarterly EPS may not equal EPS for the year due to discrete quarterly calculations.
| (In Millions, Except Per Share Amounts)
2019
Quarters |  |
First |  | Second |  | Third |  | Fourth |  | Year
Revenues from product sales and services | $ | 157.0 |  |  | $ | 743.2 |  |  | $ | 555.6 |  |  | $ | 534.1 |  |  | $ | 1,989.9 |
Sales margin | 30.9 |  |  | 263.0 |  |  | 154.9 |  |  | 126.9 |  |  | 575.7 |
Net income (loss) from continuing operations attributable to Cliffs shareholders | $ | (22.1 | ) |  | $ | 161.4 |  |  | $ | 91.8 |  |  | $ | 63.4 |  |  | $ | 294.5 |
Loss from discontinued operations, net of tax | — |  |  | (0.6 | ) |  | (0.9 | ) |  | (0.2 | ) |  | (1.7 | )
Net income (loss) attributable to Cliffs common shareholders | $ | (22.1 | ) |  | $ | 160.8 |  |  | $ | 90.9 |  |  | $ | 63.2 |  |  | $ | 292.8 |
Earnings (loss) per common share attributable to Cliffs common shareholders - basic: |  |  |  |  |  |  |  |  |
Continuing operations | $ | (0.08 | ) |  | $ | 0.59 |  |  | $ | 0.34 |  |  | $ | 0.23 |  |  | $ | 1.07 |
Discontinued operations | — |  |  | — |  |  | — |  |  | — |  |  | (0.01 | )
| $ | (0.08 | ) |  | $ | 0.59 |  |  | $ | 0.34 |  |  | $ | 0.23 |  |  | $ | 1.06 |
Earnings (loss) per common share attributable to Cliffs common shareholders - diluted: |  |  |  |  |  |  |  |  |
Continuing operations | $ | (0.08 | ) |  | $ | 0.57 |  |  | $ | 0.33 |  |  | $ | 0.23 |  |  | $ | 1.04 |
Discontinued operations | — |  |  | — |  |  | — |  |  | — |  |  | (0.01 | )
| $ | (0.08 | ) |  | $ | 0.57 |  |  | $ | 0.33 |  |  | $ | 0.23 |  |  | $ | 1.03 |
The diluted earnings per share calculation for the first quarter of 2019 excludes equity plan awards of 4.2 million and convertible senior notes awards of 7.3 million that were anti-dilutive.
| (In Millions, Except Per Share Amounts)
| 2018
Quarters |  |
First |  | Second |  | Third |  | Fourth |  | Year
Revenues from product sales and services | $ | 180.0 |  |  | $ | 714.3 |  |  | $ | 741.8 |  |  | $ | 696.3 |  |  | $ | 2,332.4 |
Sales margin | 61.5 |  |  | 284.5 |  |  | 261.6 |  |  | 202.0 |  |  | 809.6 |
Net income (loss) from continuing operations attributable to Cliffs shareholders | $ | (13.4 | ) |  | $ | 229.4 |  |  | $ | 199.8 |  |  | $ | 624.1 |  |  | $ | 1,039.9 |
Income (loss) from discontinued operations, net of tax | (70.9 | ) |  | (64.3 | ) |  | 238.0 |  |  | (14.6 | ) |  | 88.2 |
Net income (loss) attributable to Cliffs common shareholders | $ | (84.3 | ) |  | $ | 165.1 |  |  | $ | 437.8 |  |  | $ | 609.5 |  |  | $ | 1,128.1 |
Earnings (loss) per common share attributable to Cliffs common shareholders - basic: |  |  |  |  |  |  |  |  |
Continuing operations | $ | (0.05 | ) |  | $ | 0.77 |  |  | $ | 0.67 |  |  | $ | 2.11 |  |  | $ | 3.50 |
Discontinued operations | (0.24 | ) |  | (0.22 | ) |  | 0.80 |  |  | (0.05 | ) |  | 0.30 |
| $ | (0.29 | ) |  | $ | 0.55 |  |  | $ | 1.47 |  |  | $ | 2.06 |  |  | $ | 3.80 |
Earnings (loss) per common share attributable to Cliffs common shareholders - diluted: |  |  |  |  |  |  |  |  |
Continuing operations | $ | (0.05 | ) |  | $ | 0.76 |  |  | $ | 0.64 |  |  | $ | 2.03 |  |  | $ | 3.42 |
Discontinued operations | (0.24 | ) |  | (0.21 | ) |  | 0.77 |  |  | (0.05 | ) |  | 0.29 |
| $ | (0.29 | ) |  | $ | 0.55 |  |  | $ | 1.41 |  |  | $ | 1.98 |  |  | $ | 3.71 |
Net income (loss) from continuing operations attributable to Cliffs shareholders

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- Definition Tabular disclosure of quarterly financial data. Includes, but is not limited to, financial information for fiscal quarters, cumulative effect of a change in accounting principle and earnings per share data. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=118952077&loc=d3e1280-108306 + Details
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