CLEVELAND-CLIFFS INC.
Balance Sheet
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $57.0M | $54.0M | $198.0M | $26.0M | $48.0M | $112.0M | $353.0M | $823.2M |
| Accounts Receivable | $1.44B | $1.58B | $1.84B | $1.96B | $2.15B | $1.17B | $94.0M | $226.7M |
| Inventory | $4.77B | $5.09B | $4.46B | $5.13B | $5.19B | $3.83B | $317.0M | $181.1M |
| Total Current Assets | $6.44B | $6.91B | $6.64B | $7.42B | $7.65B | $5.30B | $898.0M | $1.48B |
| Property, Plant & Equipment | $9.48B | $9.94B | $8.90B | $9.07B | $9.19B | $8.74B | $1.93B | $1.29B |
| Goodwill | $1.81B | $1.77B | $1.01B | $1.13B | $1.12B | $1.41B | $2.0M | — |
| Intangible Assets (Excl. Goodwill) | $1.14B | $1.17B | $201.0M | $214.0M | $221.0M | $188.0M | — | — |
| Total Assets | $20.01B | $20.95B | $17.54B | $18.76B | $18.98B | $16.77B | $3.50B | $3.53B |
| Liabilities | ||||||||
| Accounts Payable | $1.89B | $2.01B | $2.10B | $2.19B | $2.07B | $1.58B | $193.0M | $186.8M |
| Total Current Liabilities | $3.30B | $3.36B | $3.51B | $3.55B | $3.56B | $2.93B | $409.0M | $468.2M |
| Long-Term Debt | $7.25B | $7.07B | $3.14B | $4.25B | $5.24B | $5.39B | $2.11B | $2.09B |
| Total Liabilities | $13.69B | $14.08B | $9.42B | $10.71B | $13.20B | $13.69B | $3.15B | $3.11B |
| Stockholders' Equity | ||||||||
| Retained Earnings | $-529.0M | $949.0M | $1.73B | $1.33B | $-1.0M | $-2.99B | $-2.84B | $-3.06B |
| Total Stockholders' Equity | $6.12B | $6.63B | $7.89B | $7.79B | $5.49B | $2.02B | $358.0M | $424.2M |