Cleveland-Cliffs Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	45	57	54	198	26	48
Cash & Short-Term Investments	45	57	54	198	26	48
Cash Growth	-21.05%	5.56%	-72.73%	661.54%	-45.83%	-57.14%
Accounts Receivable	1,882	1,442	1,576	1,840	1,960	2,154
Inventory	4,591	4,772	5,094	4,460	5,130	5,188
Other Current Assets	192	164	183	138	306	263
Total Current Assets	6,710	6,435	6,907	6,636	7,422	7,653
Net Property, Plant & Equipment	9,345	9,481	9,942	8,895	9,070	9,186
Other Intangible Assets	1,102	1,135	1,170	201	-	-
Goodwill	1,800	1,814	1,768	1,005	1,130	1,116
Other Long-Term Assets	1,158	1,147	1,160	800	1,133	1,020
Total Assets	20,115	20,012	20,947	17,537	18,755	18,975
Accounts Payable	2,011	1,893	2,008	2,099	2,186	2,073
Accrued Expenses	803	913	861	891	812	585
Other Current Liabilities	509	496	492	518	551	903
Total Current Liabilities	3,323	3,302	3,361	3,508	3,549	3,561
Long-Term Debt	7,763	7,253	7,065	3,137	4,249	5,238
Other Long-Term Liabilities	3,010	3,134	3,654	2,770	2,915	4,402
Total Long-Term Liabilities	10,773	10,387	10,719	5,907	7,164	9,640
Total Liabilities	14,096	13,689	14,080	9,415	10,713	13,201
Common Stock	76	76	66	66	66	63
Treasury Stock	-645	-659	-676	-430	-310	-82
Additional Paid-in Capital	5,732	5,736	4,758	4,861	4,871	4,892
Accumulated Other Comprehensive Income	1,425	1,492	1,537	1,657	1,830	618
Retained Earnings	-766	-529	949	1,733	1,334	-1
Total Common Shareholders' Equity	5,822	6,116	6,634	7,887	7,791	5,490
Minority Interest	197	207	233	235	251	284
Shareholders' Equity	6,019	6,323	6,867	8,122	8,042	5,774
Total Liabilities & Equity	20,115	20,012	20,947	17,537	18,755	18,975
Total Debt	7,763	7,253	7,065	3,137	4,249	5,238
Net Cash (Debt)	-7,718	-7,196	-7,011	-2,939	-4,223	-5,190
Net Cash Per Share	-14.65	-14.16	-14.61	-5.75	-8.06	-9.30
Book Value	5,822	6,116	6,634	7,887	7,791	5,490
Book Value Per Share	11.05	12.04	13.82	15.43	14.87	9.84
Tangible Book Value	2,920	3,167	3,696	6,681	6,661	4,374
Tangible Book Value Per Share	5.54	6.23	7.70	13.07	12.71	7.84

SEC Filings: 10-K · 10-Q