Cleveland-Cliffs Inc. Quarterly report [Sections 13 or 15(d)]

Quarterly report [Sections 13 or 15(d)]

Cover
- Document and Entity Information
Financial Statements
Notes to Financial Statements
Accounting Policies
- BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES (Policies)
Notes Tables
Notes Details

PROPERTY, PLANT AND EQUIPMENT (Details)

v3.25.2

PROPERTY, PLANT AND EQUIPMENT (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2025	Jun. 30, 2024	Jun. 30, 2025	Jun. 30, 2024	Dec. 31, 2024
Property, Plant and Equipment [Line Items]
Total property, plant and equipment	$ 14,999		$ 14,999		$ 14,751
Allowance for depreciation and depletion	(5,379)		(5,379)		(4,809)
Property, plant and equipment, net	9,620		9,620		9,942
Finance Lease, Right-of-Use Asset, before Accumulated Amortization	547		547		505
Depreciation and depletion expense	374	$ 227	638	$ 454
Asset impairment	(39)	$ (15)	(39)	$ (79)
Restructuring and Related Cost, Accelerated Depreciation	119		119
Land, land improvements and mineral rights
Property, Plant and Equipment [Line Items]
Total property, plant and equipment	1,457		1,457		1,451
Buildings
Property, Plant and Equipment [Line Items]
Total property, plant and equipment	1,114		1,114		1,104
Equipment
Property, Plant and Equipment [Line Items]
Total property, plant and equipment	11,319		11,319		11,119
Other
Property, Plant and Equipment [Line Items]
Total property, plant and equipment	358		358		349
Construction in progress
Property, Plant and Equipment [Line Items]
Total property, plant and equipment	$ 751		$ 751		$ 728

- Definition

Amount of accumulated depreciation, depletion and amortization for physical assets used in the normal conduct of business to produce goods and services.

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