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Quarterly report pursuant to Section 13 or 15(d)

EARNINGS PER SHARE

v2.4.0.6
EARNINGS PER SHARE
 9 Months Ended
Sep. 30, 2012
Earnings Per Share [Abstract] 听
EARNINGS PER SHARE
NOTE 19 - EARNINGS PER SHARE
The following table summarizes the computation of basic and diluted earnings per share attributable to Cliffs shareholders:
听
(In Millions)
听
Three Months Ended
September 30,
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Nine Months Ended
September 30,
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2012
听
2011
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2012
听
2011
Net income from continuing operations attributable to Cliffs shareholders
$
87.8

听
$
618.0

听
$
713.9

听
$
1,429.9

Income (loss) from discontinued operations
(2.7
)
听
(16.8
)
听
5.1

听
3.7

Net income attributable to Cliffs shareholders
$
85.1

听
$
601.2

听
$
719.0

听
$
1,433.6

Weighted average number of shares:
听
听
听
听
听
听
听
Basic
142.4

听
144.2

听
142.3

听
139.5

Employee stock plans
0.5

听
0.8

听
0.5

听
0.8

Diluted
142.9

听
145.0

听
142.8

听
140.3

Earnings per common share attributable to
Cliffs shareholders - Basic:
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听
听
听
听
听
听
Continuing operations
$
0.62

听
$
4.29

听
$
5.02

听
$
10.24

Discontinued operations
(0.02
)
听
(0.12
)
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0.04

听
0.03

听
$
0.60

听
$
4.17

听
$
5.06

听
$
10.27

Earnings per common share attributable to
Cliffs shareholders - Diluted:
听
听
听
听
听
听
听
Continuing operations
$
0.61

听
$
4.27

听
$
5.00

听
$
10.19

Discontinued operations
(0.02
)
听
(0.12
)
听
0.04

听
0.03

听
$
0.59

听
$
4.15

听
$
5.04

听
$
10.22