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QUARTERLY RESULTS OF OPERATIONS (Schedule of Quarterly Financial Information) (Details) - USD ($)
$ / shares in Units, $ in Millions
3 Months Ended 12 Months Ended
Dec. 31, 2015
Sep. 30, 2015
Jun. 30, 2015
Mar. 31, 2015
Dec. 31, 2014
Sep. 30, 2014
Jun. 30, 2014
Mar. 31, 2014
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Revenues $ 476.0 $ 593.2 $ 498.1 $ 446.0 $ 1,030.3 $ 979.7 $ 747.7 $ 615.5 $ 2,013.3 $ 3,373.2 $ 3,890.8
SALES MARGIN 43.3 55.1 57.3 80.8 256.0 256.2 183.5 190.0 236.5 885.7 1,484.4
Income (Loss) from Continuing Operations, Including Portion Attributable to Noncontrolling Interest (34.8) 49.9 (38.2) 166.8 170.0 (274.2) 90.9 69.7 143.7 56.4 878.9
Income (Loss) from Continuing Operations Attributable to Noncontrolling Interest (2.4) 4.6 (5.0) 1.9 (3.4) (2.5) (3.6) 0.4 (8.6) (25.9) (14.8)
Income (Loss) from Continuing Operations Attributable to Parent (37.2) 54.5 (43.2) 168.7 166.6 (276.7) 87.3 70.1 135.1 30.5 864.1
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent (23.1) (43.9) 103.4 (928.5) (1,451.8) (5,602.9) (76.4) (140.4) (884.4) (7,254.7) (450.6)
NET INCOME (LOSS) ATTRIBUTABLE TO CLIFFS SHAREHOLDERS (60.3) 10.6 60.2 (759.8) (1,285.2) (5,879.6) 10.9 (70.3) (749.3) (7,224.2) 413.5
Dividends, Preferred Stock                 38.4 51.2 48.7
NET INCOME (LOSS) ATTRIBUTABLE TO CLIFFS COMMON SHAREHOLDERS $ (60.3) $ (15.0) $ 60.2 $ (772.6) $ (1,298.0) $ (5,892.4) $ (1.9) $ (83.1) $ (787.7) $ (7,275.4) $ 364.8
Continuing operations $ (0.24) $ 0.19 $ (0.28) $ 1.02 $ 1.00 $ (1.89) $ 0.49 $ 0.37 $ 0.63 $ (0.14) $ 5.37
Discontinued operations (0.15) (0.29) 0.67 (6.06) (9.48) (36.60) (0.50) (0.92) (5.77) (47.38) (2.97)
Earnings Per Share, Basic (0.39) (0.10) 0.39 (5.04) (8.48) (38.49) (0.01) (0.55) (5.14) (47.52) 2.40
Continuing operations (0.24) 0.19 (0.28) 0.94 0.94 (1.89) 0.48 0.37 0.63 (0.14) 4.95
Discontinued operations (0.15) (0.29) 0.67 (5.20) (8.13) (36.60) (0.50) (0.91) (5.76) (47.38) (2.58)
Earnings Per Share, Diluted $ (0.39) $ (0.10) $ 0.39 $ (4.26) $ (7.19) $ (38.49) $ (0.02) $ (0.54) $ (5.13) $ (47.52) $ 2.37
Preferred Class A [Member]                      
Dividends, Preferred Stock $ 0.0 $ 25.6 $ 0.0   $ 12.8 $ 12.8 $ 12.8 $ 12.8 $ 38.4 $ 51.2 $ 48.7