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EARNINGS PER SHARE | 6 Months Ended
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Jun. 30, 2024
Earnings Per Share [Abstract] |
EARNINGS PER SHARE | NOTE 16 - EARNINGS PER SHARE The following table summarizes the computation of basic and diluted EPS:
| Three Months Ended June 30, |  | Six Months Ended June 30,
(In millions, except per share amounts) | 2024 |  | 2023 |  | 2024 |  | 2023
Income (loss) from continuing operations | $ | 9 |  |  | $ | 356 |  |  | $ | (44) |  |  | $ | 313 |
Income from continuing operations attributable to noncontrolling interests | (7) |  |  | (9) |  |  | (21) |  |  | (24) |
Net income (loss) from continuing operations attributable to Cliffs shareholders | 2 |  |  | 347 |  |  | (65) |  |  | 289 |
Income from discontinued operations, net of tax | — |  |  | — |  |  | — |  |  | 1 |
Net income (loss) attributable to Cliffs shareholders | $ | 2 |  |  | $ | 347 |  |  | $ | (65) |  |  | $ | 290 |
Weighted average number of shares: |  |  |  |  |  |  |
Basic | 473 |  |  | 513 |  |  | 483 |  | 514
Employee stock plans 1 | 1 |  |  | 1 |  |  | — |  | 1
Diluted | 474 |  |  | 514 |  |  | 483 |  | 515
Earnings (loss) per common share attributable to Cliffs shareholders - basic: |  |  |  |  |  |  |
Continuing operations | $ | — |  |  | $ | 0.68 |  |  | $ | (0.13) |  |  | $ | 0.56 |
Discontinued operations | — |  |  | — |  |  | — |  |  | — |
| $ | — |  |  | $ | 0.68 |  |  | $ | (0.13) |  |  | $ | 0.56 |
Earnings (loss) per common share attributable to Cliffs shareholders - diluted: |  |  |  |  |  |  |
Continuing operations | $ | — |  |  | $ | 0.67 |  |  | $ | (0.13) |  |  | $ | 0.56 |
Discontinued operations | — |  |  | — |  |  | — |  |  | — |
| $ | — |  |  | $ | 0.67 |  |  | $ | (0.13) |  |  | $ | 0.56 |
1 Excluded from the diluted EPS calculation are anti-dilutive shares related to employee stock plans. For the three and six months ended June 30, 2024, 2 million and 2 million shares, respectively, were excluded. For the three and six months ended June 30, 2023, 3 million and 2 million shares, respectively, were excluded.

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