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Cleveland-Cliffs Inc$8.16$.151.87%

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Income Statement for Cleveland-Cliffs Inc
(Amounts are in millions) 12/2018 12/2017 12/2016
Press Release Press Release Press Release
Net Sales or Revenues $2,332.40 $2,330.20 $2,109.00
Cost of Goods Sold $1,522.80 $1,828.50 $1,719.70
Gross Profit $809.60 $501.70 $389.30
       
Research & Development Expense $0.00 $0.00 $0.00
Selling, General, & Admin. Expense $136.40 $78.10 $148.50
Income Before Depreciation $673.20 $423.60 $240.80
       
Depreciation, Depletion, Amortization $0.00 $0.00 $0.00
Non-Operating Income $10.40 ($162.20) $166.70
Interest Expense $118.90 $132.00 $200.50
Pretax Income $564.70 $129.40 $207.00
       
Provision for Income Taxes ($475.20) ($252.40) ($12.20)
Minority Interest $0.00 ($3.90) $25.20
Investment Gains (Losses) $0.00 $0.00 $0.00
Other Income $0.00 $0.00 $0.00
Income Before Extraordinaries $1,039.90 $381.80 $219.20
       
Extraordinary Items & Disc. Operations $88.20 ($18.70) ($19.90)
Net Income $1,128.10 $367.00 $174.10
       
Basic Earnings Per Share $3.80 $1.28 $0.88
Diluted Earnings Per Share $3.71 $1.26 $0.87
       
Weighted Average Basic Shares Outstanding 297.18 288.44 197.66
Weighted Average Diluted Shares Outstanding 304.14 292.26 200.15
       
Income Before Non-Recurring Items $648.90 $148.00 $85.91
Income From Non-Recurring Items $391.00 $245.60 $108.10
Diluted Earnings Per Share before extras $2.13 $0.50 $0.43
       
Dividend (preferred) N/A N/A N/A
Dividend (common) $0.00 $0.00 $0.00
Dividend Per Share (common) $0.00 $0.00 $0.00




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