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EARNINGS PER SHARE | 3 Months Ended
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Mar. 31, 2025
Earnings Per Share [Abstract] |
EARNINGS PER SHARE | NOTE 17 - EARNINGS PER SHARE The following table summarizes the computation of basic and diluted EPS:
|  |  | Three Months Ended March 31,
(In millions, except per share amounts) |  |  |  |  | 2025 |  | 2024
Net loss |  |  |  |  | $ | (483) |  |  | $ | (53) |
Net income attributable to noncontrolling interests |  |  |  |  | (12) |  |  | (14) |
Net loss attributable to Cliffs shareholders |  |  |  |  | $ | (495) |  |  | $ | (67) |
Weighted average number of shares: |  |  |  |  |  |  |
Basic |  |  |  |  | 495 |  | 492
Employee stock plans 1 |  |  |  |  | — |  | —
Diluted |  |  |  |  | 495 |  | 492
Loss per common share attributable to Cliffs shareholders: |  |  |  |  |  |  |
Basic |  |  |  |  | $ | (1.00) |  |  | $ | (0.14) |
Diluted |  |  |  |  | $ | (1.00) |  |  | $ | (0.14) |
1 For both the three months ended March 31, 2025 and 2024, 2 million potentially dilutive shares were excluded from the computation of diluted earnings per share because their effect would have been anti-dilutive.

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