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EARNINGS PER SHARE | 12 Months Ended
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Dec. 31, 2020
Earnings Per Share [Abstract] |
EARNINGS PER SHARE | The following table summarizes the computation of basic and diluted EPS:
| (In Millions, Except Per Share Amounts)
| Year Ended December 31,
| 2020 |  | 2019 |  | 2018
Income (loss) from continuing operations | $ | (82) |  |  | $ | 295 |  |  | $ | 1,040 |
Income from continuing operations attributable to noncontrolling interest | (41) |  |  | — |  |  | — |
Net income (loss) from continuing operations attributable to Cliffs shareholders | (123) |  |  | 295 |  |  | 1,040 |
Income (loss) from discontinued operations, net of tax | 1 |  |  | (2) |  |  | 88 |
Net income (loss) attributable to Cliffs shareholders | $ | (122) |  |  | $ | 293 |  |  | $ | 1,128 |
Weighted average number of shares: |  |  |  |  |
Basic | 379 |  |  | 277 |  |  | 297 |
Convertible senior notes | — |  |  | 4 |  |  | 3 |
Employee stock plans | — |  |  | 3 |  |  | 4 |
Diluted | 379 |  |  | 284 |  |  | 304 |
Earnings (loss) per common share attributable to Cliffs common shareholders - basic: |  |  |  |  |
Continuing operations | $ | (0.32) |  |  | $ | 1.07 |  |  | $ | 3.50 |
Discontinued operations | — |  |  | (0.01) |  |  | 0.30 |
| $ | (0.32) |  |  | $ | 1.06 |  |  | $ | 3.80 |
Earnings (loss) per common share attributable to Cliffs common shareholders - diluted: |  |  |  |  |
Continuing operations | $ | (0.32) |  |  | $ | 1.04 |  |  | $ | 3.42 |
Discontinued operations | — |  |  | (0.01) |  |  | 0.29 |
| $ | (0.32) |  |  | $ | 1.03 |  |  | $ | 3.71 |
The following table summarizes the shares that have been excluded from the diluted earnings per share calculation for the year ended December 31, 2020, as they were anti-dilutive:
| (In Millions)
| 2020
Redeemable preferred shares | 4 |
Convertible senior notes | 2 |
Shares related to employee stock plans | 1 |

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