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SEGMENT REPORTING (Tables)
 12 Months Ended
Dec. 31, 2023
Segment Reporting [Abstract]  
Summary of Results by Segment
Our results by segment are as follows:
Year Ended December 31,
(In millions)202320222021
Revenues:
Steelmaking$21,331 $22,383 $19,901 
Other Businesses665 606 543 
Total revenues$21,996 $22,989 $20,444 
Adjusted EBITDA:
Steelmaking$1,873 $3,089 $5,280 
Other Businesses43 69 9 
Eliminations(5)11 (12)
Total Adjusted EBITDA$1,911 $3,169 $5,277 
The following table provides a reconciliation of our consolidated Net income to total Adjusted EBITDA:
Year Ended December 31,
(In millions)202320222021
Net income$450 $1,376 $3,033 
Less:
Interest expense, net(289)(276)(337)
Income tax expense(148)(423)(773)
Depreciation, depletion and amortization(973)(1,034)(897)
1,860 3,109 5,040 
Less:
EBITDA from noncontrolling interests1
83 74 75 
Acquisition-related expenses and adjustments(12)(1)(197)
Goodwill impairment(125)— — 
Non-cash gain on sale of business28 — — 
Loss on extinguishment of debt— (75)(88)
Asset impairment— (29)— 
Other, net(25)(29)(27)
Total Adjusted EBITDA$1,911 $3,169 $5,277 
1 EBITDA of noncontrolling interests includes the following:
Net income attributable to noncontrolling interests$51 $41 $45 
Depreciation, depletion and amortization32 33 30 
EBITDA of noncontrolling interests$83 $74 $75 
The following table summarizes our depreciation, depletion and amortization and capital additions by segment:
Year Ended December 31,
(In millions)202320222021
Depreciation, depletion and amortization:
Steelmaking$(938)$(994)$(860)
Other Businesses(35)(40)(37)
Total depreciation, depletion and amortization$(973)$(1,034)$(897)
Capital additions1:
Steelmaking$778 $997 $787 
Other Businesses3 30 52 
Corporate4 6 18 
Total capital additions$785 $1,033 $857 
1 Refer to NOTE 2 - SUPPLEMENTARY FINANCIAL STATEMENT INFORMATION for additional information.
Summary of Assets by Segment
The following summarizes our assets by segment:
December 31,
(In millions)20232022
Assets:
Steelmaking$16,880 $18,070 
Other Businesses657 836 
Intersegment eliminations(507)(521)
Total segment assets17,030 18,385 
Corporate/Eliminations507 370 
Total assets$17,537 $18,755 
Summary of Amounts Relating to Geographic Location
Included in the consolidated financial statements are the following amounts relating to geographic location based on product destination:
(In millions)202320222021
Revenues:
United States$20,000 $20,991 $18,881 
Canada1,046 963 803 
Other countries950 1,035 760 
Total revenues$21,996 $22,989 $20,444 
Property, plant and equipment, net:
United States$8,816 $8,981 $9,092 
Canada78 88 93 
Other countries1 1 1 
Total property, plant and equipment, net$8,895 $9,070 $9,186