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EARNINGS PER SHARE
12 Months Ended
Dec. 31, 2020
Earnings Per Share [Abstract]  
EARNINGS PER SHARE
The following table summarizes the computation of basic and diluted EPS:
(In Millions, Except Per Share Amounts)
Year Ended December 31,
202020192018
Income (loss) from continuing operations$(82)$295 $1,040 
Income from continuing operations attributable to noncontrolling interest(41)— — 
Net income (loss) from continuing operations attributable to Cliffs shareholders(123)295 1,040 
Income (loss) from discontinued operations, net of tax1 (2)88 
Net income (loss) attributable to Cliffs shareholders$(122)$293 $1,128 
Weighted average number of shares:
Basic379 277 297 
Convertible senior notes 
Employee stock plans 
Diluted379 284 304 
Earnings (loss) per common share attributable to
Cliffs common shareholders - basic:
Continuing operations$(0.32)$1.07 $3.50 
Discontinued operations (0.01)0.30 
$(0.32)$1.06 $3.80 
Earnings (loss) per common share attributable to
Cliffs common shareholders - diluted:
Continuing operations$(0.32)$1.04 $3.42 
Discontinued operations (0.01)0.29 
$(0.32)$1.03 $3.71 
The following table summarizes the shares that have been excluded from the diluted earnings per share calculation for the year ended December 31, 2020, as they were anti-dilutive:
(In Millions)
2020
Redeemable preferred shares4 
Convertible senior notes2 
Shares related to employee stock plans1