CLEVELAND-CLIFFS INC. (CLF)
2025-06-30 | 2025-03-31 | 2024-09-30 | 2024-06-30 | |
|---|---|---|---|---|
| Revenues | 4,934 | 4,629 | 4,569 | 5,092 |
| Acquisition-related costs | - | - | 14 | - |
| Selling, general and administrative expenses | 137 | 133 | 112 | 103 |
| Restructuring and other charges | 86 | 3 | 2 | 25 |
| Miscellaneous net | -27 | -11 | -27 | -13 |
| Cost of goods sold | 5,143 | 5,020 | 4,673 | 4,930 |
| Asset impairment | 39 | - | - | 15 |
| Total operating costs | 5,432 | 5,167 | 4,828 | 5,086 |
| Operating income (loss) | -498 | -538 | -259 | 6 |
| Changes in fair value of foreign currency contracts, net | - | - | -7 | - |
| Other non-operating income (expense) | -14 | -9 | - | 1 |
| Net periodic benefit credits other than service cost component | -43 | -57 | -62 | -62 |
| Interest expense, net | -149 | -140 | -102 | -69 |
| Loss on extinguishment of debt | - | - | - | -6 |
| Total other expense | -120 | -92 | -47 | -12 |
| Loss before income taxes | -618 | -630 | -306 | -6 |
| Income tax benefit | -148 | -147 | -76 | -15 |
| Income (loss) from continuing operations | - | - | -230 | 9 |
| Income from discontinued operations, net of tax | - | - | - | - |
| Net income (loss) | -470 | -483 | -230 | 9 |
| Net income attributable to noncontrolling interests | 13 | 12 | 12 | 7 |
| Net income (loss) attributable to cliffs shareholders | -483 | -495 | -242 | 2 |
| Earnings per common share - basic (in dollars per share) | - | - | -0.52 | - |
| Earnings per common share - diluted (in dollars per share) | - | - | -0.52 | - |
| Basic (in shares) | 495,000,000 | 495,000,000 | 468,000,000 | 473,000,000 |
| Diluted (in shares) | 495,000,000 | 495,000,000 | 468,000,000 | 474,000,000 |