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EARNINGS PER SHARE | 12 Months Ended
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Dec. 31, 2024
Earnings Per Share [Abstract] |
Earnings Per Share | NOTE 19 - EARNINGS PER SHARE 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 |
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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