Balance Sheet - CLEVELAND-CLIFFS INC. (CLF)
$(Billion, Million)| Dec-25 | Dec-24 | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 | Dec-16 | Dec-15 | Dec-14 | Dec-13 | Dec-12 | Dec-11 | Dec-10 | Dec-09 | Dec-08 | Dec-07 | Dec-06 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total cash and short-term investments | 0.06 | 0.05 | 0.20 | 0.03 | 0.05 | 0.11 | 0.35 | 0.91 | 1.05 | 0.32 | 0.29 | 0.29 | 0.34 | 0.20 | 0.52 | 1.65 | 0.50 | 0.18 | 0.16 | 0.35 |
| Accounts receivable, net | 1.44 | 1.58 | 1.84 | 1.96 | 2.15 | 1.19 | 0.15 | 0.34 | 0.19 | 0.18 | 0.12 | 0.44 | 0.38 | 0.46 | 0.33 | 0.36 | 0.10 | 0.07 | 0.10 | 0.09 |
| Inventories | 4.77 | 5.09 | 4.46 | 5.13 | 5.19 | 3.83 | 0.32 | 0.18 | 0.28 | 0.27 | 0.44 | 0.52 | 0.61 | 0.73 | 0.69 | 0.42 | 0.38 | 0.37 | 0.32 | 0.28 |
| Other current assets | 0.16 | 0.18 | 0.14 | 0.31 | 0.26 | 0.17 | 0.03 | 0.03 | 0.03 | 0.05 | 0.12 | 0.06 | 0.24 | 0.19 | 0.17 | 0.11 | 0.18 | 0.25 | 0.10 | 0.06 |
| Total current assets | 6.44 | 6.91 | 6.64 | 7.42 | 7.65 | 5.30 | 0.90 | 1.48 | 1.54 | 0.82 | 0.98 | 1.46 | 1.56 | 1.65 | 1.79 | 2.58 | 1.16 | 0.86 | 0.75 | 0.78 |
| Total non-current assets | 13.58 | 14.04 | 10.90 | 11.33 | 11.32 | 11.47 | 2.61 | 2.05 | 1.41 | 1.10 | 1.16 | 1.74 | 11.56 | 11.92 | 12.75 | 5.19 | 3.48 | 3.25 | 2.32 | 1.16 |
| Total assets | 20.01 | 20.95 | 17.54 | 18.76 | 18.98 | 16.77 | 3.50 | 3.53 | 2.95 | 1.92 | 2.13 | 3.20 | 13.12 | 13.57 | 14.54 | 7.78 | 4.64 | 4.11 | 3.08 | 1.94 |
| Total current liabilities | 3.30 | 3.32 | 3.51 | 3.55 | 3.56 | 2.93 | 0.41 | 0.47 | 0.45 | 0.39 | 0.58 | 0.97 | 1.09 | 1.38 | 1.49 | 1.03 | 0.57 | 0.84 | 0.40 | 0.37 |
| Total non-current liabilities | 10.39 | 10.73 | 5.91 | 7.16 | 9.64 | 11.50 | 2.74 | 2.64 | 2.94 | 2.86 | 3.37 | 3.94 | 5.15 | 6.43 | 6.01 | 2.91 | 1.53 | 1.51 | 1.26 | 0.56 |
| Total liabilities | 13.69 | 14.05 | 9.42 | 10.71 | 13.20 | 14.43 | 3.15 | 3.11 | 3.39 | 3.25 | 3.95 | 4.90 | 6.24 | 7.81 | 7.50 | 3.94 | 2.10 | 2.36 | 1.66 | 0.94 |
| Total stockholders' equity | 6.12 | 6.66 | 7.89 | 8.04 | 5.77 | 2.34 | 0.36 | 0.42 | -0.44 | -1.33 | -1.81 | -1.43 | 6.07 | 4.63 | 5.79 | 3.84 | 2.54 | 1.75 | 1.30 | 0.92 |
| Common shares outstanding | 492 | 480 | 511 | 524 | 558 | 379 | 284 | 304 | 293 | 200 | 154 | 153 | 174 | 142 | 141 | 136 | 126 | 108 | 105 | 108 |
Show Quarterly Balance Sheet
Balance Sheet - CLEVELAND-CLIFFS INC. (CLF)
$(Billion, Million)| Mar-26 | Dec-25 | Sep-25 | Jun-25 | Mar-25 | Dec-24 | Sep-24 | Jun-24 | Mar-24 | Dec-23 | Sep-23 | Jun-23 | Mar-23 | Dec-22 | Sep-22 | Jun-22 | Mar-22 | Dec-21 | Sep-21 | Jun-21 | Mar-21 | Dec-20 | Sep-20 | Jun-20 | Mar-20 | Dec-19 | Sep-19 | Jun-19 | Mar-19 | Dec-18 | Sep-18 | Jun-18 | Mar-18 | Dec-17 | Sep-17 | Jun-17 | Mar-17 | Dec-16 | Sep-16 | Jun-16 | Mar-16 | Dec-15 | Sep-15 | Jun-15 | Mar-15 | Dec-14 | Sep-14 | Jun-14 | Mar-14 | Dec-13 | Sep-13 | Jun-13 | Mar-13 | Dec-12 | Sep-12 | Jun-12 | Mar-12 | Dec-11 | Sep-11 | Jun-11 | Mar-11 | Dec-10 | Sep-10 | Jun-10 | Mar-10 | Dec-09 | Sep-09 | Jun-09 | Mar-09 | Dec-08 | Sep-08 | Jun-08 | Mar-08 | Dec-07 | Sep-07 | Jun-07 | Mar-07 | Dec-06 | Sep-06 | Jun-06 | Mar-06 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total cash and short-term investments | 0.05 | 0.06 | 0.07 | 0.06 | 0.06 | 0.05 | 0.04 | 0.11 | 0.03 | 0.20 | 0.03 | 0.03 | 0.06 | 0.03 | 0.06 | 0.05 | 0.04 | 0.05 | 0.04 | 0.07 | 0.11 | 0.11 | 0.06 | 0.07 | 0.19 | 0.35 | 0.40 | 0.38 | 0.43 | 0.82 | 0.90 | 0.80 | 0.79 | 1.01 | 0.26 | 0.32 | 0.30 | 0.32 | 0.13 | 0.11 | 0.06 | 0.29 | 0.27 | 0.28 | 0.36 | 0.29 | 0.24 | 0.36 | 0.36 | 0.34 | 0.30 | 0.26 | 0.29 | 0.20 | 0.04 | 0.23 | 0.12 | 0.52 | 0.62 | 0.35 | 2.27 | 1.57 | 1.18 | 0.69 | 0.56 | 0.50 | 0.36 | 0.30 | 0.13 | 0.18 | 0.39 | 0.32 | 0.19 | 0.16 | 0.14 | 0.13 | 0.12 | 0.35 | 0.21 | 0.13 | 0.14 |
| Accounts receivable, net | 1.88 | 1.44 | 1.80 | 1.78 | 1.80 | 1.58 | 1.58 | 1.77 | 1.87 | 1.84 | 2.12 | 2.29 | 2.22 | 1.96 | 2.30 | 2.57 | 2.67 | 2.15 | 2.35 | 2.06 | 1.66 | 1.19 | 0.66 | 0.54 | 0.62 | 0.15 | 0.22 | 0.25 | 0.14 | 0.34 | 0.25 | 0.15 | 0.10 | 0.19 | 0.12 | 0.13 | 0.11 | 0.18 | 0.12 | 0.06 | 0.20 | 0.12 | 0.05 | 0.05 | 0.09 | 0.12 | 0.17 | 0.20 | 0.13 | 0.27 | 0.29 | 0.26 | 0.27 | 0.35 | 0.29 | 0.31 | 0.25 | 0.29 | 0.36 | 0.32 | 0.51 | 0.36 | 0.21 | 0.26 | 0.13 | 0.10 | 0.09 | 0.04 | 0.08 | 0.07 | 0.14 | 0.29 | 0.09 | 0.08 | 0.12 | 0.07 | 0.03 | 0.05 | 0.12 | 0.10 | 0.05 |
| Inventories | 4.59 | 4.77 | 4.68 | 4.70 | 4.89 | 5.09 | 4.24 | 4.20 | 4.45 | 4.46 | 4.59 | 4.73 | 4.92 | 5.13 | 5.54 | 5.78 | 5.56 | 5.19 | 4.51 | 4.28 | 3.93 | 3.83 | 1.80 | 1.93 | 2.15 | 0.32 | 0.33 | 0.33 | 0.41 | 0.18 | 0.28 | 0.35 | 0.41 | 0.28 | 0.30 | 0.37 | 0.33 | 0.27 | 0.40 | 0.49 | 0.51 | 0.44 | 0.47 | 0.60 | 0.53 | 0.52 | 0.72 | 0.85 | 0.81 | 0.61 | 0.70 | 0.78 | 0.90 | 0.73 | 0.79 | 0.98 | 0.92 | 0.69 | 0.70 | 0.76 | 0.63 | 0.42 | 0.44 | 0.50 | 0.50 | 0.38 | 0.29 | 0.44 | 0.42 | 0.37 | 0.41 | 0.55 | 0.47 | 0.32 | 0.43 | 0.44 | 0.41 | 0.28 | 0.32 | 0.37 | 0.34 |
| Other current assets | 0.19 | 0.16 | 0.14 | 0.14 | 0.22 | 0.18 | 0.17 | 0.11 | 0.12 | 0.14 | 0.20 | 0.11 | 0.25 | 0.31 | 0.43 | 0.37 | 0.30 | 0.26 | 0.25 | 0.16 | 0.16 | 0.17 | 0.12 | 0.09 | 0.11 | 0.03 | 0.04 | 0.04 | 0.04 | 0.03 | 0.02 | 0.03 | 0.03 | 0.03 | 0.02 | 0.02 | 0.02 | 0.05 | 0.02 | 0.12 | 0.03 | 0.12 | 0.28 | 0.45 | 0.55 | 0.54 | 0.23 | 0.25 | 0.36 | 0.35 | 0.38 | 0.32 | 0.30 | 0.38 | 0.56 | 0.53 | 0.52 | 0.31 | 0.47 | 0.53 | 0.14 | 0.20 | 0.09 | 0.48 | 0.42 | 0.18 | 0.28 | 0.19 | 0.29 | 0.25 | 0.36 | 0.36 | 0.29 | 0.19 | 0.16 | 0.13 | 0.13 | 0.10 | 0.22 | 0.23 | 0.25 |
| Total current assets | 6.71 | 6.44 | 6.69 | 6.69 | 6.96 | 6.91 | 6.03 | 6.19 | 6.47 | 6.64 | 6.94 | 7.17 | 7.44 | 7.42 | 8.33 | 8.77 | 8.56 | 7.65 | 7.15 | 6.57 | 5.86 | 5.30 | 2.63 | 2.64 | 3.07 | 0.90 | 1.06 | 1.12 | 1.13 | 1.48 | 1.65 | 1.55 | 1.41 | 1.54 | 0.79 | 0.91 | 0.81 | 0.82 | 0.70 | 0.78 | 0.79 | 0.98 | 1.08 | 1.38 | 1.52 | 1.46 | 1.36 | 1.66 | 1.67 | 1.56 | 1.67 | 1.67 | 1.82 | 1.65 | 1.67 | 1.74 | 1.59 | 1.79 | 1.90 | 1.69 | 3.71 | 2.58 | 2.02 | 1.63 | 1.47 | 1.16 | 1.02 | 0.95 | 0.79 | 0.86 | 1.21 | 1.44 | 0.96 | 0.75 | 0.84 | 0.77 | 0.69 | 0.78 | 0.70 | 0.68 | 0.65 |
| Total non-current assets | 13.41 | 13.58 | 13.60 | 13.78 | 13.87 | 14.04 | 10.77 | 10.74 | 10.77 | 10.90 | 11.12 | 11.14 | 11.21 | 11.33 | 11.36 | 11.27 | 11.21 | 11.32 | 10.92 | 11.17 | 11.35 | 11.47 | 5.85 | 5.85 | 5.85 | 2.61 | 2.43 | 2.27 | 2.18 | 2.05 | 1.47 | 1.50 | 1.45 | 1.41 | 1.13 | 1.12 | 1.11 | 1.10 | 1.07 | 1.07 | 1.09 | 1.16 | 1.20 | 1.23 | 1.18 | 1.74 | 3.45 | 11.44 | 11.53 | 11.56 | 11.90 | 11.93 | 12.00 | 11.92 | 13.63 | 13.45 | 13.31 | 12.75 | 12.04 | 11.98 | 5.24 | 5.19 | 5.06 | 4.01 | 4.06 | 3.48 | 3.49 | 3.35 | 3.23 | 3.25 | 3.10 | 2.60 | 2.34 | 2.32 | 2.22 | 1.45 | 1.32 | 1.14 | 1.14 | 1.12 | |
| Total assets | 20.12 | 20.01 | 20.29 | 20.47 | 20.84 | 20.95 | 16.80 | 16.93 | 17.24 | 17.54 | 18.06 | 18.30 | 18.65 | 18.76 | 19.69 | 20.04 | 19.77 | 18.98 | 18.07 | 17.75 | 17.22 | 16.77 | 8.48 | 8.49 | 8.91 | 3.50 | 3.49 | 3.39 | 3.31 | 3.53 | 3.13 | 3.05 | 2.86 | 2.95 | 1.92 | 2.03 | 1.93 | 1.92 | 1.77 | 1.85 | 1.89 | 2.13 | 2.27 | 2.61 | 2.70 | 3.20 | 4.81 | 13.10 | 13.20 | 13.12 | 13.57 | 13.59 | 13.82 | 13.57 | 15.30 | 15.19 | 14.89 | 14.54 | 13.95 | 13.67 | 8.95 | 7.78 | 7.08 | 5.64 | 5.53 | 4.64 | 4.51 | 4.30 | 4.03 | 4.11 | 4.31 | 4.05 | 3.30 | 3.08 | 3.06 | 2.22 | 2.01 | 1.94 | 1.85 | 1.82 | 1.77 |
| Total current liabilities | 3.32 | 3.30 | 3.28 | 3.28 | 3.27 | 3.32 | 3.26 | 3.32 | 3.40 | 3.51 | 3.29 | 3.41 | 3.46 | 3.55 | 3.58 | 3.99 | 3.75 | 3.56 | 3.28 | 2.99 | 2.93 | 2.93 | 1.21 | 1.04 | 1.37 | 0.41 | 0.46 | 0.44 | 0.39 | 0.47 | 0.38 | 0.47 | 0.42 | 0.45 | 0.42 | 0.41 | 0.31 | 0.39 | 0.32 | 0.38 | 0.44 | 0.58 | 0.67 | 0.76 | 0.85 | 0.97 | 1.12 | 1.04 | 1.04 | 1.09 | 1.06 | 1.15 | 1.10 | 1.38 | 1.71 | 1.53 | 1.38 | 1.49 | 1.30 | 1.19 | 1.11 | 1.03 | 0.69 | 0.71 | 0.75 | 0.57 | 0.56 | 0.54 | 0.78 | 0.84 | 1.14 | 0.52 | 0.38 | 0.40 | 0.38 | 0.32 | 0.34 | 0.37 | 0.37 | 0.37 | 0.36 |
| Total non-current liabilities | 10.77 | 10.39 | 11.30 | 11.15 | 11.09 | 10.73 | 6.45 | 6.24 | 6.40 | 5.91 | 6.50 | 6.85 | 7.40 | 7.16 | 8.85 | 9.08 | 9.41 | 9.64 | 10.50 | 10.48 | 10.83 | 11.50 | 6.14 | 6.33 | 6.31 | 2.74 | 2.67 | 2.67 | 2.65 | 2.64 | 2.83 | 2.88 | 2.92 | 2.94 | 2.34 | 2.28 | 2.32 | 2.86 | 2.85 | 3.15 | 3.14 | 3.37 | 3.36 | 3.59 | 3.64 | 3.93 | 3.87 | 5.24 | 5.32 | 5.15 | 5.57 | 5.66 | 5.86 | 6.43 | 5.89 | 6.05 | 6.07 | 6.01 | 5.79 | 5.96 | 3.57 | 2.91 | 2.94 | 1.93 | 1.96 | 1.53 | 1.54 | 1.49 | 1.50 | 1.51 | 1.41 | 1.70 | 1.54 | 1.39 | 1.54 | 0.88 | 0.79 | 0.60 | 0.66 | 0.65 | |
| Total liabilities | 14.10 | 13.69 | 14.58 | 14.43 | 14.35 | 14.05 | 9.70 | 9.56 | 9.79 | 9.42 | 9.80 | 10.26 | 10.86 | 10.71 | 12.43 | 13.06 | 13.16 | 13.20 | 13.78 | 13.47 | 13.76 | 14.43 | 7.36 | 7.37 | 7.68 | 3.15 | 3.13 | 3.11 | 3.04 | 3.11 | 3.21 | 3.36 | 3.35 | 3.39 | 2.76 | 2.70 | 2.63 | 3.25 | 3.17 | 3.53 | 3.58 | 3.95 | 4.03 | 4.35 | 4.48 | 4.90 | 4.99 | 6.27 | 6.37 | 6.24 | 6.63 | 6.81 | 6.96 | 7.81 | 7.61 | 7.59 | 7.46 | 7.50 | 7.09 | 7.15 | 4.68 | 3.94 | 3.63 | 2.65 | 2.71 | 2.10 | 2.10 | 2.03 | 2.28 | 2.36 | 2.55 | 2.22 | 1.92 | 1.79 | 1.92 | 1.20 | 1.13 | 1.11 | 0.98 | 1.03 | 1.01 |
| Total stockholders' equity | 5.82 | 6.12 | 5.47 | 5.82 | 6.25 | 6.66 | 6.85 | 7.11 | 7.20 | 7.89 | 8.26 | 8.04 | 7.79 | 8.04 | 7.01 | 6.73 | 6.34 | 5.77 | 4.00 | 3.97 | 3.13 | 2.03 | 0.81 | 0.79 | 0.90 | 0.36 | 0.36 | 0.29 | 0.26 | 0.42 | -0.09 | -0.31 | -0.49 | -0.44 | -0.83 | -0.79 | -0.83 | -1.46 | -1.54 | -1.83 | -1.86 | -1.98 | -1.93 | -1.92 | -2.00 | -1.40 | 0.03 | 6.03 | 6.02 | 6.07 | 5.78 | 5.63 | 5.70 | 4.63 | 6.34 | 6.30 | 6.14 | 5.79 | 5.72 | 5.55 | 4.27 | 3.85 | 3.44 | 3.00 | 2.83 | 2.54 | 2.41 | 2.27 | 1.74 | 1.75 | 1.69 | 1.64 | 1.25 | 1.16 | 1.00 | 0.90 | 0.78 | 0.92 | 0.76 | 0.69 | 0.68 |
| Common shares outstanding | 564 | 492 | 492 | 498 | 495 | 486 | 468 | 474 | 492 | 505 | 509 | 514 | 515 | 513 | 519 | 526 | 532 | 528 | 547 | 559 | 571 | 445 | 399 | 399 | 298 | 274 | 277 | 285 | 290 | 307 | 310 | 301 | 297 | 301 | 301 | 301 | 265 | 235 | 206 | 185 | 172 | 153 | 153 | 153 | 179 | 153 | 153 | 154 | 153 | 154 | 178 | 178 | 148 | 142 | 143 | 143 | 143 | 142 | 145 | 140 | 136 | 135 | 136 | 136 | 136 | 135 | 132 | 126 | 113 | 113 | 109 | 105 | 105 | 90 | 105 | 105 | 104 | 81 | 106 | 109 | 111 |