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EARNINGS PER SHARE (Earnings Per Share Computation) (Details) (USD $)
In Millions, except Share data in Thousands, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Income (Loss) from Continuing Operations Attributable to Parent $ (5,879.6) $ 115.2 $ (5,939.0) $ 368.2
INCOME FROM DISCONTINUED OPERATIONS, net of tax 0 2.0 0 2.0
Net Income (Loss) Attributable to Cliffs Shareholders (5,879.6) 117.2 (5,939.0) 370.2
PREFERRED STOCK DIVIDENDS (12.8) (12.9) (38.4) (35.9)
NET INCOME ATTRIBUTABLE TO CLIFFS COMMON SHAREHOLDERS (5,892.4) 104.3 (5,977.4) 334.3
Earnings (Loss) Per Common Share Attributable to Cliffs Common Shareholders - Basic        
Continuing operations $ (38.49) $ 0.67 $ (39.05) $ 2.20
Discontinued operations $ 0.00 $ 0.01 $ 0.00 $ 0.01
Earnings (Loss) per Common Share Attributable to Cliffs Common Shareholders - Basic: $ (38.49) $ 0.68 $ (39.05) $ 2.21
Earnings (Loss) Per Common Share Attributable to Cliffs Shareholders - Diluted        
Continuing operations $ (38.49) $ 0.65 $ (39.05) $ 2.13
Discontinued operations $ 0.00 $ 0.01 $ 0.00 $ 0.01
Earnings (Loss) per Common Share Attributable to Cliffs Common Shareholders - Diluted: $ (38.49) $ 0.66 $ (39.05) $ 2.14
Weighted Average Number of Shares:        
Basic 153,108 153,029 153,085 151,288
Depositary Shares 0 25,230 0 21,109
Incremental Common Shares Attributable to Dilutive Effect of Share-based Payment Arrangements 0 200 0 227
Diluted 153,108 178,459 153,085 172,624
Preferred Class A [Member]
       
PREFERRED STOCK DIVIDENDS $ (12.8) $ (12.9) $ (38.4) $ (35.9)