Quarterly report pursuant to Section 13 or 15(d)

EARNINGS PER SHARE (Earnings Per Share Computation) (Details)

v3.2.0.727
EARNINGS PER SHARE (Earnings Per Share Computation) (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Income (Loss) from Continuing Operations Attributable to Parent $ (43.2) $ 87.3 $ 125.5 $ 157.4
INCOME (LOSS) FROM DISCONTINUED OPERATIONS, net of tax 103.4 (76.4) (825.1) (216.8)
Net Income (Loss) Attributable to Cliffs Shareholders 60.2 10.9 (699.6) (59.4)
PREFERRED STOCK DIVIDENDS 0.0 (12.8) (12.8) (25.6)
NET INCOME ATTRIBUTABLE TO CLIFFS COMMON SHAREHOLDERS $ 60.2 $ (1.9) $ (712.4) $ (85.0)
Earnings (Loss) Per Common Share Attributable to Cliffs Common Shareholders - Basic        
Continuing operations $ (0.28) $ 0.49 $ 0.74 $ 0.86
Discontinued operations 0.67 (0.50) (5.39) (1.42)
Earnings (Loss) per Common Share Attributable to Cliffs Common Shareholders - Basic: 0.39 (0.01) (4.65) (0.56)
Earnings (Loss) Per Common Share Attributable to Cliffs Shareholders - Diluted        
Continuing operations (0.28) 0.48 0.70 0.86
Discontinued operations 0.67 (0.50) (4.62) (1.41)
Earnings (Loss) per Common Share Attributable to Cliffs Common Shareholders - Diluted: $ 0.39 $ (0.02) $ (3.92) $ (0.55)
Weighted Average Number of Shares:        
Basic 153,232 153,087 153,203 153,064
Depositary Shares 0 0 25,215 0
Incremental Common Shares Attributable to Dilutive Effect of Share-based Payment Arrangements 0 794 267 796
Diluted 153,232 153,881 178,685 153,860
Preferred Class A [Member]        
PREFERRED STOCK DIVIDENDS $ 0.0 $ (12.8) $ (12.8) $ (25.6)