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EARNINGS PER SHARE (Tables) | 3 Months Ended
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Mar. 31, 2023
Earnings Per Share [Abstract] |
Earnings Per Share Computation | The following table summarizes the computation of basic and diluted EPS:
|  |  | Three Months Ended March 31,
(In millions, except per share amounts) |  |  |  |  | 2023 |  | 2022
Income (loss) from continuing operations |  |  |  |  | $ | (43) |  |  | $ | 813 |
Income from continuing operations attributable to noncontrolling interest |  |  |  |  | (15) |  |  | (13) |
Net income (loss) from continuing operations attributable to Cliffs shareholders |  |  |  |  | (58) |  |  | 800 |
Income from discontinued operations, net of tax |  |  |  |  | 1 |  |  | 1 |
Net income (loss) attributable to Cliffs shareholders |  |  |  |  | $ | (57) |  |  | $ | 801 |
Weighted average number of shares: |  |  |  |  |  |  |
Basic |  |  |  |  | 515 |  | 521
Convertible senior notes |  |  |  |  | — |  | 7
Employee stock plans 1 |  |  |  |  | — |  | 4
Diluted |  |  |  |  | 515 |  | 532
Earnings (loss) per common share attributable to Cliffs shareholders - basic: |  |  |  |  |  |  |
Continuing operations |  |  |  |  | $ | (0.11) |  |  | $ | 1.54 |
Discontinued operations |  |  |  |  | — |  |  | — |
|  |  |  |  | $ | (0.11) |  |  | $ | 1.54 |
Earnings (loss) per common share attributable to Cliffs shareholders - diluted: |  |  |  |  |  |  |
Continuing operations |  |  |  |  | $ | (0.11) |  |  | $ | 1.50 |
Discontinued operations |  |  |  |  | — |  |  | — |
|  |  |  |  | $ | (0.11) |  |  | $ | 1.50 |
1 For the three months ended March 31, 2023, we had 1 million shares related to employee stock plans that were excluded from the diluted EPS calculation as they were anti-dilutive.

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- 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://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 + Details
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