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UTD STATES STL   FYE=12 (December)

Annual - Income Statement - Company Specific

Fiscal period2023202220212020201920182017201620152014
Period End Date12/31/202312/31/202212/31/202112/31/202012/31/201912/31/201812/31/201712/31/201612/31/201512/31/2014
Sales16,038.0019,123.0018,964.008,765.0011,506.0012,758.0011,046.009,045.0010,111.0016,149.00
Net sales to related parties2,015.001,942.001,311.00976.001,431.001,420.001,204.001,216.001,463.001,358.00
Other income--------------------
Income (loss) from investees--------------------
Net gains on disposal of assets--------------------
Total Revenues18,053.0021,065.0020,275.009,741.0012,937.0014,178.0012,250.0010,261.0011,574.0017,507.00
Cost of sales15,803.0016,777.0014,533.009,558.0012,082.0012,305.0010,864.009,623.0011,141.0015,455.00
Depreciation, depletion and amortization916.00791.00791.00643.00616.00521.00501.00507.00547.00627.00
Impairment of goodwill--------------------
Impairment of intangible assets--------------14.00----
Selling, general and administrative expenses501.00422.00426.00274.00289.00336.00375.00255.00415.00523.00
Taxes other than income taxes--------------------
Restructuring charges36.0048.00128.00138.00275.00--31.00122.00322.00250.00
Loss (income) from investees115.00243.00170.00(117.00)79.0061.0044.0098.0038.00142.00
Net gains on disposal of assets--12.007.00149.001.006.005.00(5.00)2.0023.00
Other income, net16.0035.0028.00(3.00)15.003.008.002.001.0012.00
Asset impairment charges(129.00)(163.00)(273.00)(263.00)------------
Loss on deconsolidation of U. S. Steel Canada and other charges------------72.00--(392.00)(416.00)
Gain on equity investee transactions--6.00111.0031.00--38.00--------
Gain on sale of Transtar----506.00--------------
Total Operating Expenses17,254.0017,905.0015,329.0010,816.0013,167.0013,054.0011,642.0010,426.0012,776.0017,094.00
Operating Income (Loss)799.003,160.004,946.00(1,075.00)(230.00)1,124.00608.00(165.00)(1,202.00)413.00
Interest expense72.00159.00313.00280.00142.00168.00226.00230.00214.00234.00
Interest income141.0044.004.007.0017.0023.0017.005.003.0012.00
Loss on debt extinguishment--0.00(292.00)----(98.00)(54.00)(22.00)(36.00)--
Other financial costs(18.00)(32.00)(46.00)16.00(6.00)--(44.00)(4.00)(10.00)(21.00)
Net periodic benefit cost (other than service cost)154.00246.0045.0025.00(91.00)(69.00)--------
Net gain from investments related to active employee benefits43.00------------------
Net interest and other financial costs(248.00)(99.00)602.00232.00222.00312.00307.00251.00257.00243.00
Income (loss) before income taxes, minority interests, extraordinary loss and cu1,047.003,259.004,344.00(1,307.00)(452.00)812.00301.00(416.00)(1,459.00)170.00
Income tax provision (benefit)152.00735.00170.00(142.00)178.00(303.00)(86.00)24.00183.0068.00
Current :Federal56.00101.00(7.00)(10.00)(18.00)(40.00)(66.00)(18.00)(29.00)--
Current :State and local(3.00)54.0050.00(3.00)--2.00(1.00)1.00(5.00)(9.00)
Deferred :Foreign(5.00)7.0011.00(11.00)(17.00)12.009.009.0012.0025.00
Deferred :Federal116.00451.008.00(95.00)196.00(283.00)(81.00)--168.0080.00
Current :Foreign2.0079.00179.001.00(6.00)64.0053.0032.004.001.00
Deferred :State and local(14.00)43.00(71.00)(24.00)23.00(58.00)----33.00(29.00)
Minority interests--------------------
Income (loss) before extraordinary loss and cumulative effects of changes in acc--------------------
Extraordinary loss, net of tax--------------------
Cumulative effect of change in accounting principle, net of tax--------------------
Consolidated Net Income (Loss)895.002,524.004,174.00(1,165.00)(630.00)1,115.00387.00(440.00)(1,642.00)102.00
Less: Net (loss) income attributable to noncontrolling interests--------------------
Dividends on preferred stock--------------------
Net Income (loss) Available to Common Shareholders895.002,524.004,174.00(1,165.00)(630.00)1,115.00387.00(440.00)(1,642.00)102.00
Income (loss) before extraordinary loss and cumulative effects of changes in acc--------------------
Cumulative effects of changes in accounting principles, net of tax:--------------------
Extraordinary loss, net of tax:--------------------
Net Earnings Per Share (Basic)3.9810.2215.77(5.92)(3.67)6.312.21(2.81)(11.24)0.71
Income (loss) before extraordinary loss and cumulative effects of changes in acc--------------------
Cumulative effects of changes in accounting principles, net of tax:--------------------
Extraordinary loss, net of tax:--------------------
Net Earnings Per Share (Diluted)3.569.1614.88(5.92)(3.67)6.252.19(2.81)(11.24)0.69
Weighted Average Shares Outstanding (Basic)224.76246.99264.67196.72171.42176.63174.79156.67146.09145.16
Weighted Average Shares Outstanding (Diluted)255.36276.96280.44196.72171.42178.46176.52156.67146.09152.10