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EARNINGS PER SHARE (Tables) | 12 Months Ended
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Dec. 31, 2024
Earnings Per Share [Abstract] |
Earnings Per Share Computation | The following table summarizes the computation of basic and diluted EPS:
| Year Ended December 31,
(In millions, except per share amounts) | 2024 |  | 2023 |  | 2022
Income (loss) from continuing operations | $ | (708) |  |  | $ | 449 |  |  | $ | 1,373 |
Income from continuing operations attributable to noncontrolling interest | (46) |  |  | (51) |  |  | (41) |
Net income (loss) from continuing operations attributable to Cliffs shareholders | (754) |  |  | 398 |  |  | 1,332 |
Income from discontinued operations, net of tax | — |  |  | 1 |  |  | 3 |
Net income (loss) attributable to Cliffs shareholders | $ | (754) |  |  | $ | 399 |  |  | $ | 1,335 |
Weighted average number of shares: |  |  |  |  |
Basic | 480 |  |  | 510 |  |  | 519 |
Convertible senior notes | — |  |  | — |  |  | 2 |
Employee stock plans | — |  |  | 1 |  |  | 3 |
Diluted | 480 |  |  | 511 |  |  | 524 |
Earnings (loss) per common share attributable to Cliffs common shareholders - basic: |  |  |  |  |
Continuing operations | $ | (1.57) |  |  | $ | 0.78 |  |  | $ | 2.57 |
Discontinued operations | — |  |  | — |  |  | — |
| $ | (1.57) |  |  | $ | 0.78 |  |  | $ | 2.57 |
Earnings (loss) per common share attributable to Cliffs common shareholders - diluted: |  |  |  |  |
Continuing operations | $ | (1.57) |  |  | $ | 0.78 |  |  | $ | 2.55 |
Discontinued operations | — |  |  | — |  |  | — |
| $ | (1.57) |  |  | $ | 0.78 |  |  | $ | 2.55 |
Schedule of Potentially Dilutive Shares Excluded from the Computation of Diluted Earnings Per Share | The following table summarizes the potentially dilutive shares that were excluded from the computation of diluted earnings per share because their effect would have been anti-dilutive:
| Year Ended December 31,
(In millions) | 2024 |  | 2023 |  | 2022
Employee stock plans | 2 |  | 2 |  |  | — |

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- 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 -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 + Details
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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 -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 + Details
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