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Cleveland-Cliffs CLF Impairment Charges
Impairment Charges at other companies
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Where this comes from
Reported directly by Cleveland-Cliffs in its filing.
Tagged under the XBRL concept us-gaap:AssetImpairmentCharges.
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, except per share amounts) | Three Months Ended June 30, 2026 | Three Months Ended June 30, 2025 | Six Months Ended June 30, 2026 | Six Months Ended June 30, 2025 |
|---|---|---|---|---|
| Cost of goods sold | (5,094) | (5,146) | (10,098) | (10,171) |
| Selling, general and administrative expenses | (154) | (137) | (279) | (270) |
| Restructuring and other charges | (3) | (86) | (3) | (89) |
| Asset impairment | — | (39) | — | (39) |
| Miscellaneous – net | (24) | (27) | (30) | (38) |
| Total operating costs | (5,275) | (5,435) | (10,410) | (10,607) |
| Operating loss | (49) | (501) | (262) | (1,044) |
| Other income (expense): |
ITEM 1. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA
FAQ
- What is Cleveland-Cliffs's impairment charges?
- Cleveland-Cliffs (CLF) reported impairment charges of $0 in Q2 2026.
- How has Cleveland-Cliffs's impairment charges changed year-over-year?
- Cleveland-Cliffs's impairment charges decreased by 100.0% year-over-year, from $39M to $0.
- What is the long-term trend for Cleveland-Cliffs's impairment charges?
- Over 3 years (2022 to 2025), Cleveland-Cliffs's impairment charges has grown at a 10.4% compound annual growth rate (CAGR), from $29M to $39M.
- What does impairment charges mean?
- Write-downs of long-lived assets (excluding goodwill) when their carrying value exceeds fair value, including property, equipment, right-of-use assets, and other tangible assets.
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