ÈÕº«Èý¼¶Æ¬

Quarterly report pursuant to Section 13 or 15(d)

EARNINGS PER SHARE (Tables)

v2.4.0.8
EARNINGS PER SHARE (Tables)
6 Months Ended
Jun. 30, 2013
Earnings Per Share [Abstract] Ìý
Earnings Per Share Computation
The following table summarizes the computation of basic and diluted earnings per share:
Ìý
(In Millions, Except Per Share Amounts)
Ìý
Three Months Ended
June 30,
Ìý
Six Months Ended
June 30,
Ìý
2013
Ìý
2012
Ìý
2013
Ìý
2012
Net Income from Continuing ÈÕº«Èý¼¶Æ¬
attributable to Cliffs shareholders
$
146.0

Ìý
$
255.7

Ìý
$
253.0

Ìý
$
626.0

Income from Discontinued ÈÕº«Èý¼¶Æ¬,
ÌýÌýÌýÌýnet of tax
—

Ìý
2.3

Ìý
—

Ìý
7.8

NET INCOME ATTRIBUTABLE TO CLIFFS SHAREHOLDERS
$
146.0

Ìý
$
258.0

Ìý
$
253.0

Ìý
$
633.8

PREFERRED STOCK DIVIDENDS
(12.9
)
Ìý
—

Ìý
(22.8
)
Ìý
—

NET INCOME ATTRIBUTABLE TO COMMON SHAREHOLDERS
$
133.1

Ìý
$
258.0

Ìý
$
230.2

Ìý
$
633.8

Weighted Average Number of Shares:
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
Basic
153.0

Ìý
142.4

Ìý
150.4

Ìý
142.3

Depositary Shares
25.2

Ìý
—

Ìý
19.1

Ìý
—

Employee Stock Plans
0.2

Ìý
0.4

Ìý
0.2

Ìý
0.5

Diluted
178.4

Ìý
142.8

Ìý
169.7

Ìý
142.8

Earnings per Common Share Attributable to
Cliffs Shareholders - Basic:
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
Continuing operations
$
0.87

Ìý
$
1.79

Ìý
$
1.53

Ìý
$
4.40

Discontinued operations
—

Ìý
0.02

Ìý
—

Ìý
0.05

Ìý
$
0.87

Ìý
$
1.81

Ìý
$
1.53

Ìý
$
4.45

Earnings per Common Share Attributable to
Cliffs Shareholders - Diluted:
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
Continuing operations
$
0.82

Ìý
$
1.79

Ìý
$
1.49

Ìý
$
4.39

Discontinued operations
—

Ìý
0.02

Ìý
—

Ìý
0.05

Ìý
$
0.82

Ìý
$
1.81

Ìý
$
1.49

Ìý
$
4.44