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Statements Of Condensed Consolidated Operations (USD $)
In Millions, except Share data in Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
REVENUES FROM PRODUCT SALES AND SERVICES      
Product $ 5,346.6 $ 5,520.9 $ 6,321.3
Freight and venture partners' cost reimbursements 344.8 351.8 242.6
TOTAL REVENUES 5,691.4 5,872.7 6,563.9
COST OF GOODS SOLD AND OPERATING EXPENSES (4,542.1) (4,700.6) (3,953.0)
SALES MARGIN 1,149.3 1,172.1 2,610.9
OTHER OPERATING INCOME (EXPENSE)      
Selling, general and administrative expenses (231.6) (282.5) (248.3)
Exploration costs (59.0) (142.8) (80.5)
Impairment of goodwill and other long-lived assets (250.8) (1,049.9) (27.8)
Consolidated Thompson acquisition costs 0 0 (25.4)
Miscellaneous - net 63.1 (5.7) 67.9
Other operating expense (478.3) (1,480.9) (314.1)
OPERATING INCOME (LOSS) 671.0 (308.8) 2,296.8
OTHER INCOME (EXPENSE)      
Changes in fair value of foreign currency contracts, net (3.5) (0.1) 101.9
Interest expense, net (179.1) (195.6) (206.2)
Other non-operating income (expense) 0.9 2.7 (2.0)
TOTAL OTHER INCOME (EXPENSE) (181.7) (193.0) (106.3)
INCOME (LOSS) FROM CONTINUING OPERATIONS BEFORE INCOME TAXES AND EQUITY INCOME (LOSS) FROM VENTURES 489.3 (501.8) 2,190.5
INCOME TAX EXPENSE (55.1) (255.9) (407.7)
EQUITY INCOME (LOSS) FROM VENTURES, net of tax (74.4) (404.8) 9.7
INCOME (LOSS) FROM CONTINUING OPERATIONS 359.8 (1,162.5) 1,792.5
INCOME and GAIN ON SALE FROM DISCONTINUED OPERATIONS, net of tax 2.0 35.9 20.1
NET INCOME (LOSS) 361.8 (1,126.6) 1,812.6
LOSS (INCOME) ATTRIBUTABLE TO NONCONTROLLING INTEREST 51.7 227.2 (193.5)
NET INCOME (LOSS) ATTRIBUTABLE TO CLIFFS COMMON SHAREHOLDERS 413.5 (899.4) 1,619.1
PREFERRED STOCK DIVIDENDS (48.7) 0 0
NET INCOME (LOSS) ATTRIBUTABLE TO CLIFFS COMMON SHAREHOLDERS $ 364.8 $ (899.4) $ 1,619.1
EARNINGS (LOSS) PER COMMON SHARE ATTRIBUTABLE TO CLIFFS SHAREHOLDERS - BASIC      
Continuing operations $ 2.39 $ (6.57) $ 11.41
Discontinued operations $ 0.01 $ 0.25 $ 0.14
Earnings (loss) per Common Share Attributable to Cliffs Common Shareholders - Basic: $ 2.40 $ (6.32) $ 11.55
EARNINGS (LOSS) PER COMMON SHARE ATTRIBUTABLE TO CLIFFS SHAREHOLDERS - DILUTED      
Continuing operations $ 2.36 $ (6.57) $ 11.34
Discontinued operations $ 0.01 $ 0.25 $ 0.14
Earnings (loss) per Common Share Attributable to Cliffs Common Shareholders - Diluted: $ 2.37 $ (6.32) $ 11.48
AVERAGE NUMBER OF SHARES (IN THOUSANDS)      
Basic 151,726 142,351 140,234
Diluted 174,323 142,351 141,012
CASH DIVIDENDS DECLARED PER DEPOSITARY SHARE $ 1.66 $ 0.00 $ 0.00
CASH DIVIDENDS DECLARED PER COMMON SHARE $ 0.60 $ 2.16 $ 0.84