GOODWILL AND INTANGIBLE ASSETS AND LIABILITIES (Tables)

9 Months Ended

Sep. 30, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill

The following is a summary of Goodwill by segment:

	(In Millions)
	September 30, 2022		December 31, 2021
Steelmaking	$	967	$	942
Other Businesses	174		174
Total goodwill	$	1,141	$	1,116

Schedule of Intangible Assets and Liabilities

The following is a summary of our intangible assets and liabilities:

	(In Millions)
	September 30, 2022						December 31, 2021
	Gross Amount		Accumulated Amortization		Net Amount		Gross Amount		Accumulated Amortization		Net Amount
Intangible assets1:
Customer relationships	$	90	$	(12)	$	78	$	95	$	(8)	$	87
Developed technology	60		(9)		51		60		(6)		54
Trade names and trademarks	18		(4)		14		18		(2)		16
Mining permits	72		(26)		46		72		(26)		46
Supplier relationships	21		(1)		20		18		—		18
Total intangible assets	$	261	$	(52)	$	209	$	263	$	(42)	$	221
Intangible liabilities2:
Above-market supply contracts	$	(71)	$	18	$	(53)	$	(71)	$	14	$	(57)
1 Intangible assets are classified as Other non-current assets. Amortization related to mining permits is recognized in Cost of goods sold. Amortization of all other intangible assets is recognized in Selling, general and administrative expenses.
2 Intangible liabilities are classified as Other non-current liabilities. Amortization of all intangible liabilities is recognized in Cost of goods sold.