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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] 听
Earnings Per Share Computation
The following table summarizes the computation of basic and diluted earnings per share:
听
(In Millions, Except Per Share Amounts)
听
Three Months Ended
June 30,
听
Six Months Ended
June 30,
听
2013
听
2012
听
2013
听
2012
Net Income from Continuing Operations
attributable to Cliffs shareholders
$
146.0

听
$
255.7

听
$
253.0

听
$
626.0

Income from Discontinued Operations,
听听听听net of tax
鈥�

听
2.3

听
鈥�

听
7.8

NET INCOME ATTRIBUTABLE TO CLIFFS SHAREHOLDERS
$
146.0

听
$
258.0

听
$
253.0

听
$
633.8

PREFERRED STOCK DIVIDENDS
(12.9
)
听
鈥�

听
(22.8
)
听
鈥�

NET INCOME ATTRIBUTABLE TO COMMON SHAREHOLDERS
$
133.1

听
$
258.0

听
$
230.2

听
$
633.8

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

听
142.4

听
150.4

听
142.3

Depositary Shares
25.2

听
鈥�

听
19.1

听
鈥�

Employee Stock Plans
0.2

听
0.4

听
0.2

听
0.5

Diluted
178.4

听
142.8

听
169.7

听
142.8

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

听
$
1.79

听
$
1.53

听
$
4.40

Discontinued operations
鈥�

听
0.02

听
鈥�

听
0.05

听
$
0.87

听
$
1.81

听
$
1.53

听
$
4.45

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

听
$
1.79

听
$
1.49

听
$
4.39

Discontinued operations
鈥�

听
0.02

听
鈥�

听
0.05

听
$
0.82

听
$
1.81

听
$
1.49

听
$
4.44