For the quarter ending 2026-03-31, CLF has $20,115M in assets. $14,096M in debts. $45M in cash and cash equivalents.
| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Cash and cash equivalents | 45 | 57 | 66 | 61 |
| Accounts receivable, net | 1,882 | 1,442 | 1,797 | 1,783 |
| Inventories | 4,591 | 4,772 | 4,683 | 4,699 |
| Other current assets | 192 | 164 | 143 | 144 |
| Total current assets | 6,710 | 6,435 | 6,689 | 6,687 |
| Property, plant and equipment, net | 9,345 | 9,481 | 9,508 | 9,620 |
| Goodwill | 1,800 | 1,814 | 1,796 | 1,814 |
| Intangible assets, net | 1,102 | 1,135 | 1,142 | 1,185 |
| Pension and opeb assets | 515 | 469 | 469 | 453 |
| Other non-current assets | 643 | 678 | 686 | 712 |
| Total assets | 20,115 | 20,012 | 20,290 | 20,471 |
| Accounts payable | 2,011 | 1,893 | 1,914 | 1,947 |
| Accrued employment costs | 457 | 517 | 565 | 521 |
| Accrued expenses | 346 | 396 | 339 | 348 |
| Other current liabilities | 509 | 496 | 462 | 461 |
| Total current liabilities | 3,323 | 3,302 | 3,280 | 3,277 |
| A70002027Senior Notes-Cleveland Cliffs Inc. | - | - | 73 | 73 |
| A70002027AKSenior Notes-AKSteel | - | - | 56 | 56 |
| A5.8752027Senior Notes-Cleveland Cliffs Inc. | - | - | 556 | 556 |
| A46252029Senior Notes | 368 | - | 368 | 368 |
| A6.8752029Senior Notes | 900 | - | 900 | 900 |
| A67502030Senior Notes | 750 | - | 750 | 750 |
| A48752031Senior Notes | 325 | - | 325 | 325 |
| A7.5002031Senior Notes | 850 | - | 850 | 850 |
| A7.0002032Senior Notes | 1,425 | - | 1,425 | 1,425 |
| A7.3752033Senior Notes | 900 | - | 900 | 900 |
| A7.6252034Senior Notes | 1,125 | - | 850 | - |
| A62502040Senior Notes | 235 | - | 235 | 235 |
| Long-term line of credit-Revolving Credit Facility | 959 | - | 847 | 1,377 |
| Long-term debt, gross | 7,837 | - | 8,135 | 7,815 |
| Unamortized discounts and issuance costs | -74 | - | -96 | -88 |
| Long-term debt | 7,763 | 7,253 | 8,039 | 7,727 |
| Pension and opeb liabilities | 631 | 655 | 645 | 693 |
| Deferred income taxes | 305 | 375 | 506 | 612 |
| Asset retirement and environmental obligations | 693 | 682 | 614 | 613 |
| Other non-current liabilities | 1,381 | 1,422 | 1,499 | 1,507 |
| Total liabilities | 14,096 | 13,689 | 14,583 | 14,429 |
| Common shares - par value 0.125 per share | 76 | 76 | 66 | 66 |
| Capital in excess of par value of shares | 5,732 | 5,736 | 4,783 | 4,768 |
| Retained deficit | -766 | -529 | -286 | 1 |
| Cost of 35,654,038 common shares in treasury (2025 - 36,292,287 shares) | 645 | 659 | 660 | 660 |
| Accumulated other comprehensive income | 1,425 | 1,492 | 1,563 | 1,644 |
| Total cliffs shareholders' equity | 5,822 | 6,116 | 5,466 | 5,819 |
| Noncontrolling interests | 197 | 207 | 241 | 223 |
| Equity, including portion attributable to noncontrolling interest, total | 6,019 | 6,323 | 5,707 | 6,042 |
| Total liabilities and equity | 20,115 | 20,012 | 20,290 | 20,471 |
CLEVELAND-CLIFFS INC. (CLF)
CLEVELAND-CLIFFS INC. (CLF)