Annual report [Section 13 and 15(d), not S-K Item 405]

Statements Of Consolidated Comprehensive Income

v3.25.4
Statements Of Consolidated Comprehensive Income - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Statement of Comprehensive Income [Abstract]      
Net income (loss) $ (1,428) $ (714) $ 436
Other comprehensive income (loss):      
Changes in pension and OPEB, net of tax (170) (167) (20)
Changes in derivative instruments, net of tax 38 117 (154)
Changes in foreign currency translation 87 (70) 1
Total other comprehensive loss (45) (120) (173)
Comprehensive income (loss) (1,473) (834) 263
Comprehensive income attributable to noncontrolling interests (50) (46) (51)
Comprehensive income (loss) attributable to Cliffs shareholders $ (1,523) $ (880) $ 212