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Quarterly report [Sections 13 or 15(d)]

ACQUISITIONS - Consideration (Details)

v3.25.1
ACQUISITIONS - Consideration (Details)
$ / shares in Units, $ / shares in Units, $ in Millions, $ in Millions
Nov. 01, 2024
USD ($)
shares
Nov. 01, 2024
CAD ($)
$ / shares
shares
Mar. 31, 2025
shares
Dec. 31, 2024
shares
Nov. 01, 2024
USD ($)
$ / shares
shares
Business Acquisition [Line Items] Ìý Ìý Ìý Ìý Ìý
Common shares, outstanding (in shares) Ìý Ìý 494,490,795 493,948,905 Ìý
Stelco Holdings Inc Ìý Ìý Ìý Ìý Ìý
Business Acquisition [Line Items] Ìý Ìý Ìý Ìý Ìý
Payments to Acquire Businesses, Gross $ 2,450 $ 3,418 Ìý Ìý Ìý
Business Combination, Consideration Transferred, Equity Interests Issued and Issuable Fair Value Method 343 343 Ìý Ìý Ìý
Business Combination, Consideration Transferred | $ $ 3,208 Ìý Ìý Ìý Ìý
Common shares, outstanding (in shares) Ìý Ìý Ìý Ìý 54,448,388
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Number Ìý Ìý Ìý Ìý 2,516,415
Total consideration shares Ìý Ìý Ìý Ìý 56,964,803
Price per share (in dollars per share) | (per share) Ìý $ 60.00 Ìý Ìý $ 13.27
Foreign Currency Exchange Rate, Translation Ìý Ìý Ìý Ìý 0.7168
Business Acquisition, Shares Exchange Ratio 0.454 0.454 Ìý Ìý Ìý
Shares of Cliffs common shares issued to Stelco Holdings stockholders (in shares) 25,862,021 25,862,021 Ìý Ìý Ìý
Business Combination, Consideration Transferred, Debt Consideration | $ Ìý Ìý Ìý Ìý $ 415