XML 103 R47.htm IDEA: XBRL DOCUMENT
v3.20.1

EARNINGS PER SHARE (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2020
Earnings Per Share [Abstract] |
Earnings Per Share Computation | The following table summarizes the computation of basic and diluted earnings per share:
| (In Millions, Except Per Share Amounts)
| Three Months Ended March 31,
| 2020 |  | 2019
Loss from continuing operations | $ | (49.2 | ) |  | $ | (22.1 | )
Income from continuing operations attributable to noncontrolling interest | (3.5 | ) |  | — |
Net loss from continuing operations attributable to Cliffs shareholders | (52.7 | ) |  | (22.1 | )
Income from discontinued operations, net of tax | 0.6 |  |  | — |
Net loss attributable to Cliffs shareholders | $ | (52.1 | ) |  | $ | (22.1 | )
Weighted average number of shares: |  |  |
Basic | 297.5 |  |  | 289.5 |
Convertible senior notes | — |  |  | — |
Employee stock plans | — |  |  | — |
Diluted | 297.5 |  |  | 289.5 |
Loss per common share attributable to Cliffs shareholders - basic: |  |  |
Continuing operations | $ | (0.18 | ) |  | $ | (0.08 | )
Discontinued operations | — |  |  | — |
| $ | (0.18 | ) |  | $ | (0.08 | )
Loss per common share attributable to Cliffs shareholders - diluted: |  |  |
Continuing operations | $ | (0.18 | ) |  | $ | (0.08 | )
Discontinued operations | — |  |  | — |
| $ | (0.18 | ) |  | $ | (0.08 | )
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table Text Block] | The following table summarizes the shares that have been excluded from the diluted earnings per share calculation as they were anti-dilutive:
| (In Millions)
| Three Months Ended March 31,
| 2020 |  | 2019
Convertible senior notes | — |  |  | 7.3 |
Employee stock plans | 1.6 |  |  | 4.2 |
Total number of anti-dilutive shares | 1.6 |  |  | 11.5 |

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
Name: | us-gaap_ScheduleOfAntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
Name: | us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration