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ACCUMULATED OTHER COMPREHENSIVE INCOME | 3 Months Ended
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Mar. 31, 2023
Equity [Abstract] |
ACCUMULATED OTHER COMPREHENSIVE INCOME | NOTE 14 - ACCUMULATED OTHER COMPREHENSIVE INCOME The following tables reflect the changes in Accumulated other comprehensive income related to Cliffs shareholders’ equity:
|  |  | Three Months Ended March 31,
(In millions) |  |  |  |  | 2023 |  | 2022
Foreign Currency Translation |  |  |  |  |  |  |
Beginning balance |  |  |  |  | $ | (1) |  |  | $ | 1 |
Other comprehensive loss before reclassifications |  |  |  |  | — |  |  | — |
Ending balance |  |  |  |  | $ | (1) |  |  | $ | 1 |
Derivative Instruments |  |  |  |  |  |  |
Beginning balance |  |  |  |  | $ | (16) |  |  | $ | 68 |
Other comprehensive income (loss) before reclassifications |  |  |  |  | (177) |  |  | 168 |
Income tax |  |  |  |  | 44 |  |  | (39) |
Other comprehensive income (loss) before reclassifications, net of tax |  |  |  |  | (133) |  |  | 129 |
Gains reclassified from AOCI to net income (loss)1 |  |  |  |  | (25) |  |  | (42) |
Income tax expense 2 |  |  |  |  | 6 |  |  | 9 |
Net gains reclassified from AOCI to net income (loss) |  |  |  |  | (19) |  |  | (33) |
Ending balance |  |  |  |  | $ | (168) |  |  | $ | 164 |
Pension and OPEB |  |  |  |  |  |  |
Beginning balance |  |  |  |  | $ | 1,847 |  |  | $ | 549 |
Losses (gains) reclassified from AOCI to net income (loss)3 |  |  |  |  | (35) |  |  | 1 |
Income tax expense 2 |  |  |  |  | 8 |  |  | — |
Net losses (gains) reclassified from AOCI to net income (loss) |  |  |  |  | (27) |  |  | 1 |
Ending balance |  |  |  |  | $ | 1,820 |  |  | $ | 550 |
Total AOCI Ending Balance |  |  |  |  | $ | 1,651 |  |  | $ | 715 |
1 Amounts recognized in Cost of goods sold in the Statements of Unaudited Condensed Consolidated Operations.
2 Amounts recognized in Income tax benefit (expense) in the Statements of Unaudited Condensed Consolidated Operations.
3 Amounts recognized in Net periodic benefit credits other than service cost component in the Statements of Unaudited Condensed Consolidated Operations.

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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 https://asc.fasb.org/topic&trid=2134417 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(21)) -URI https://asc.fasb.org/extlink&oid=126953954&loc=SL114868664-224227 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-04(23)) -URI https://asc.fasb.org/extlink&oid=120399700&loc=SL114874048-224260 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-04(19)) -URI https://asc.fasb.org/extlink&oid=120400993&loc=SL114874131-224263 + Details
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