XML 72 R96.htm IDEA: XBRL DOCUMENT v2.4.1.9
SHAREHOLDERS' EQUITY Details of Accumulated Other Comprehensive Income (Loss) Components (Details) (USD $)
In Millions, unless otherwise specified
3 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Reclassification Adjustment out of Accumulated Other Comprehensive Income on Derivatives [Line Items]    
Derivative Instruments, (Gain) Loss Reclassified from Accumulated OCI into Income, Effective Portion, Net $ (6.3)us-gaap_DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet $ (12.8)us-gaap_DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax 195.5us-gaap_ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax 16.1us-gaap_ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
Accumulated Defined Benefit Plans Adjustment [Member]    
Reclassification Adjustment out of Accumulated Other Comprehensive Income on Derivatives [Line Items]    
Defined Benefit Plan, Amortization of Prior Service Cost (Credit) (0.3)us-gaap_DefinedBenefitPlanAmortizationOfPriorServiceCostCredit
/ us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis
= us-gaap_AccumulatedDefinedBenefitPlansAdjustmentMember
[1] (0.3)us-gaap_DefinedBenefitPlanAmortizationOfPriorServiceCostCredit
/ us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis
= us-gaap_AccumulatedDefinedBenefitPlansAdjustmentMember
[1]
Defined Benefit Plan, Amortization of Gains (Losses) 8.5us-gaap_DefinedBenefitPlanAmortizationOfGainsLosses
/ us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis
= us-gaap_AccumulatedDefinedBenefitPlansAdjustmentMember
[1] 4.8us-gaap_DefinedBenefitPlanAmortizationOfGainsLosses
/ us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis
= us-gaap_AccumulatedDefinedBenefitPlansAdjustmentMember
[1]
Defined Benefit Plan, Curtailments 0.3us-gaap_DefinedBenefitPlanCurtailments
/ us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis
= us-gaap_AccumulatedDefinedBenefitPlansAdjustmentMember
[1] 0.3us-gaap_DefinedBenefitPlanCurtailments
/ us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis
= us-gaap_AccumulatedDefinedBenefitPlansAdjustmentMember
[1]
Other Comprehensive Income (Loss), Reclassification, Pension and Other Postretirement Benefit Plans, Net Gain (Loss) Recognized in Net Periodic Benefit Cost, before Tax 8.5us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax
/ us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis
= us-gaap_AccumulatedDefinedBenefitPlansAdjustmentMember
4.8us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax
/ us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis
= us-gaap_AccumulatedDefinedBenefitPlansAdjustmentMember
Other Comprehensive Income (Loss), Pension and Other Postretirement Benefit Plans, Net Unamortized Gain (Loss) Arising During Period, Tax 0us-gaap_OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodTax
/ us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis
= us-gaap_AccumulatedDefinedBenefitPlansAdjustmentMember
(1.6)us-gaap_OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodTax
/ us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis
= us-gaap_AccumulatedDefinedBenefitPlansAdjustmentMember
Amounts Reclassified from Accumulated Other Comprehensive Income (Loss) 8.5us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax
/ us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis
= us-gaap_AccumulatedDefinedBenefitPlansAdjustmentMember
3.2us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax
/ us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis
= us-gaap_AccumulatedDefinedBenefitPlansAdjustmentMember
Realized Gain (Loss) on Marketable Securities [Member]    
Reclassification Adjustment out of Accumulated Other Comprehensive Income on Derivatives [Line Items]    
Marketable Securities, Realized Gain (Loss) 0us-gaap_MarketableSecuritiesRealizedGainLoss
/ us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis
= clf_RealizedGainLossonMarketableSecuritiesMember
0.1us-gaap_MarketableSecuritiesRealizedGainLoss
/ us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis
= clf_RealizedGainLossonMarketableSecuritiesMember
Accumulated Other-than-Temporary Impairment [Member]    
Reclassification Adjustment out of Accumulated Other Comprehensive Income on Derivatives [Line Items]    
Other than Temporary Impairment Losses, Investments, Portion in Other Comprehensive Loss, before Tax, Including Portion Attributable to Noncontrolling Interest, Available-for-sale Securities (2.0)us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities
/ us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis
= us-gaap_AccumulatedOtherThanTemporaryImpairmentMember
0us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities
/ us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis
= us-gaap_AccumulatedOtherThanTemporaryImpairmentMember
Realized Gain (Loss) on Marketable Securities and Other than Temporary Impairment [Member]    
Reclassification Adjustment out of Accumulated Other Comprehensive Income on Derivatives [Line Items]    
Other Comprehensive Income (Loss), Unrealized Holding Gain (Loss) on Securities and Impairment on Securities Arising During Period, before tax (2.0)clf_OtherComprehensiveIncomeLossRealizedHoldingGainLossonSecuritiesandImpairmentonSecuritiesArisingDuringPeriodbeforetax
/ us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis
= clf_RealizedGainLossonMarketableSecuritiesandOtherthanTemporaryImpairmentMember
0.1clf_OtherComprehensiveIncomeLossRealizedHoldingGainLossonSecuritiesandImpairmentonSecuritiesArisingDuringPeriodbeforetax
/ us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis
= clf_RealizedGainLossonMarketableSecuritiesandOtherthanTemporaryImpairmentMember
Other Comprehensive Income (Loss), Realized Holding Gain (Loss) on Securities and Impairment on Securities Arising During Period, Tax 0clf_OtherComprehensiveIncomeLossRealizedHoldingGainLossonSecuritiesandImpairmentonSecuritiesArisingDuringPeriodTax
/ us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis
= clf_RealizedGainLossonMarketableSecuritiesandOtherthanTemporaryImpairmentMember
0clf_OtherComprehensiveIncomeLossRealizedHoldingGainLossonSecuritiesandImpairmentonSecuritiesArisingDuringPeriodTax
/ us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis
= clf_RealizedGainLossonMarketableSecuritiesandOtherthanTemporaryImpairmentMember
Other Comprehensive Income (Loss), Realized Holding Gain (Loss) on Securities and Impairment on Securities Arising During Period, net of tax (2.0)clf_OtherComprehensiveIncomeLossRealizedHoldingGainLossonSecuritiesandImpairmentonSecuritiesArisingDuringPeriodnetoftax
/ us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis
= clf_RealizedGainLossonMarketableSecuritiesandOtherthanTemporaryImpairmentMember
0.1clf_OtherComprehensiveIncomeLossRealizedHoldingGainLossonSecuritiesandImpairmentonSecuritiesArisingDuringPeriodnetoftax
/ us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis
= clf_RealizedGainLossonMarketableSecuritiesandOtherthanTemporaryImpairmentMember
Foreign Currency Translation Adjustment [Member]    
Reclassification Adjustment out of Accumulated Other Comprehensive Income on Derivatives [Line Items]    
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, before Tax 182.7us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
/ us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis
= clf_ForeignCurrencyTranslationAdjustmentMember
[2] 0us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
/ us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis
= clf_ForeignCurrencyTranslationAdjustmentMember
[2]
Other Comprehensive Income (Loss), Foreign Currency Translation Adjustment, Tax 0us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
/ us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis
= clf_ForeignCurrencyTranslationAdjustmentMember
0us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
/ us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis
= clf_ForeignCurrencyTranslationAdjustmentMember
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Gain (Loss) Arising During Period, Net of Tax 182.7us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
/ us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis
= clf_ForeignCurrencyTranslationAdjustmentMember
0us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
/ us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis
= clf_ForeignCurrencyTranslationAdjustmentMember
Realized Gain Loss On Derivatives [Member]    
Reclassification Adjustment out of Accumulated Other Comprehensive Income on Derivatives [Line Items]    
(Gain) Loss on Derivative Instruments, Net, Pretax 9.0us-gaap_GainLossOnDerivativeInstrumentsNetPretax
/ us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis
= clf_RealizedGainLossOnDerivativesMember
18.5us-gaap_GainLossOnDerivativeInstrumentsNetPretax
/ us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis
= clf_RealizedGainLossOnDerivativesMember
Tax on Derivative Instruments Gain/Loss Reclassified from Accumulated OCI in to Earnings (2.7)clf_Taxonderivativeinstrumentsgainlossreclassifiedfromaccumulatedociintoearnings
/ us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis
= clf_RealizedGainLossOnDerivativesMember
(5.7)clf_Taxonderivativeinstrumentsgainlossreclassifiedfromaccumulatedociintoearnings
/ us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis
= clf_RealizedGainLossOnDerivativesMember
Amount of (gain)/loss recognized in income on derivative 6.3us-gaap_DerivativeGainLossOnDerivativeNet
/ us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis
= clf_RealizedGainLossOnDerivativesMember
12.8us-gaap_DerivativeGainLossOnDerivativeNet
/ us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis
= clf_RealizedGainLossOnDerivativesMember
Australian Hedge Contracts [Member] | Realized Gain Loss On Derivatives [Member]    
Reclassification Adjustment out of Accumulated Other Comprehensive Income on Derivatives [Line Items]    
Derivative Instruments, (Gain) Loss Reclassified from Accumulated OCI into Income, Effective Portion, Net 9.0us-gaap_DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet
/ us-gaap_DerivativeInstrumentRiskAxis
= clf_AustralianHedgeContractsMember
/ us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis
= clf_RealizedGainLossOnDerivativesMember
13.0us-gaap_DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet
/ us-gaap_DerivativeInstrumentRiskAxis
= clf_AustralianHedgeContractsMember
/ us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis
= clf_RealizedGainLossOnDerivativesMember
Canadian Hedge Contracts [Member] | Realized Gain Loss On Derivatives [Member]    
Reclassification Adjustment out of Accumulated Other Comprehensive Income on Derivatives [Line Items]    
Derivative Instruments, (Gain) Loss Reclassified from Accumulated OCI into Income, Effective Portion, Net $ 0us-gaap_DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet
/ us-gaap_DerivativeInstrumentRiskAxis
= clf_CanadianHedgeContractsMember
/ us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis
= clf_RealizedGainLossOnDerivativesMember
$ 5.5us-gaap_DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet
/ us-gaap_DerivativeInstrumentRiskAxis
= clf_CanadianHedgeContractsMember
/ us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis
= clf_RealizedGainLossOnDerivativesMember
[1] These accumulated other comprehensive income components are included in the computation of net periodic benefit cost. See NOTE 7 - PENSIONS AND OTHER POSTRETIREMENT BENEFITS for further information.
[2] Represents Canadian accumulated currency translation adjustments deconsolidated on January 27, 2015.