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EARNINGS PER SHARE (Tables) | 6 Months Ended
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Jun. 30, 2025
Earnings Per Share [Abstract] |
Earnings Per Share Computation | 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) | 2025 |  | 2024 |  | 2025 |  | 2024
Net income (loss) | $ | (470) |  |  | $ | 9 |  |  | $ | (953) |  |  | $ | (44) |
Net income attributable to noncontrolling interests | (13) |  |  | (7) |  |  | (25) |  |  | (21) |
Net income (loss) attributable to Cliffs shareholders | $ | (483) |  |  | $ | 2 |  |  | $ | (978) |  |  | $ | (65) |
Weighted average number of shares: |  |  |  |  |  |  |
Basic | 495 |  |  | 473 |  |  | 495 |  | 483
Employee stock plans 1 | — |  |  | 1 |  |  | — |  | —
Diluted | 495 |  |  | 474 |  |  | 495 |  | 483
Earnings (loss) per common share attributable to Cliffs shareholders: |  |  |  |  |  |  |
Basic | $ | (0.97) |  |  | $ | 0.00 |  |  | $ | (1.97) |  |  | $ | (0.13) |
Diluted | $ | (0.97) |  |  | $ | 0.00 |  |  | $ | (1.97) |  |  | $ | (0.13) |
1 For the three and six months ended June 30, 2025, 4 million and 2 million potentially dilutive shares, respectively, were excluded from the computation of diluted earnings per share because their effect would have been anti-dilutive. For both the three and six months ended June 30, 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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- 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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