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Cleveland-Cliffs CLF Eliminations — Segment Reporting, Other Segment Item, Amount

Other segment segments

Steelmaking
-$16M-329%
Other Businesses
-$2M

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Other financials

Income statement

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Revenue$5.2B+5.9%
Gross profit$132.0M+162%
Operating income-$49.0M+90.2%
Net income-$134.0M+71.7%
EPS (diluted)-$0.25+74.5%

Balance sheet

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Cash & equivalents$70.0M+14.8%
Total debt$7.7B-0.3%
Total equity$5.6B-3.7%
Total assets$20.1B-1.7%

Cash flow

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Operating cash flow-$325.0M+7.4%
CapEx$157.0M+40.2%
Free cash flow-$477.0M+5.2%

Valuation

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Market cap$7.22B+55.7%
Enterprise value$14.85B+20.7%
P/S0.4×+0.1×

Profitability

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Gross margin-1.1%
Operating margin-4.2%-1.5pp
Net margin-4.3%-1.5pp
FCF margin-5.3%-0.3pp

Returns & leverage

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Return on equity-14.6%-4.3pp
Debt / equity1.4×0.0×
Current ratio1.9×-0.2×

Where this comes from

Reported directly by Cleveland-Cliffs in its filing.

Tagged under the XBRL concept us-gaap:SegmentReportingOtherItemAmount.

The source filing: Cleveland-Cliffs’s 10-Q, filed July 23, 2026.

Filed
Jul 23, 2026, 4:08 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000764065-26-000100
(In millions)SteelmakingOther BusinessesEliminationsTotal
Selling, general and administrative expenses(147)(7)(154)
Net periodic benefit credits other than service cost component6464
Excluding depreciation, depletion and amortization2548262
Other segment items1(16)(2)(18)
Total Adjusted EBITDA$268$18$286
Interest expense, net(156)
Income tax benefit20
Depreciation, depletion and amortization(262)

ITEM 1. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

FAQ

What is Cleveland-Cliffs's eliminations — segment reporting, other segment item, amount?
Cleveland-Cliffs (CLF) reported eliminations — segment reporting, other segment item, amount of $0 in Q2 2026.
What does eliminations — segment reporting, other segment item, amount mean?
This metric captures miscellaneous intercompany adjustments or reconciling items that do not fit into standard operating expense categories. It is used to balance segment-level reporting with consolidated financial results. Investors monitor this to identify non-recurring or unique accounting adjustments that impact segment performance.

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