Fiscal period | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
Period End Date | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 |
Sales | 16,038.00 | 19,123.00 | 18,964.00 | 8,765.00 | 11,506.00 | 12,758.00 | 11,046.00 | 9,045.00 | 10,111.00 | 16,149.00 |
Net sales to related parties | 2,015.00 | 1,942.00 | 1,311.00 | 976.00 | 1,431.00 | 1,420.00 | 1,204.00 | 1,216.00 | 1,463.00 | 1,358.00 |
Other income | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Income (loss) from investees | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Net gains on disposal of assets | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Total Revenues | 18,053.00 | 21,065.00 | 20,275.00 | 9,741.00 | 12,937.00 | 14,178.00 | 12,250.00 | 10,261.00 | 11,574.00 | 17,507.00 |
Cost of sales | 15,803.00 | 16,777.00 | 14,533.00 | 9,558.00 | 12,082.00 | 12,305.00 | 10,864.00 | 9,623.00 | 11,141.00 | 15,455.00 |
Depreciation, depletion and amortization | 916.00 | 791.00 | 791.00 | 643.00 | 616.00 | 521.00 | 501.00 | 507.00 | 547.00 | 627.00 |
Impairment of goodwill | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Impairment of intangible assets | -- | -- | -- | -- | -- | -- | -- | 14.00 | -- | -- |
Selling, general and administrative expenses | 501.00 | 422.00 | 426.00 | 274.00 | 289.00 | 336.00 | 375.00 | 255.00 | 415.00 | 523.00 |
Taxes other than income taxes | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Restructuring charges | 36.00 | 48.00 | 128.00 | 138.00 | 275.00 | -- | 31.00 | 122.00 | 322.00 | 250.00 |
Loss (income) from investees | 115.00 | 243.00 | 170.00 | (117.00) | 79.00 | 61.00 | 44.00 | 98.00 | 38.00 | 142.00 |
Net gains on disposal of assets | -- | 12.00 | 7.00 | 149.00 | 1.00 | 6.00 | 5.00 | (5.00) | 2.00 | 23.00 |
Other income, net | 16.00 | 35.00 | 28.00 | (3.00) | 15.00 | 3.00 | 8.00 | 2.00 | 1.00 | 12.00 |
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 | -- | 6.00 | 111.00 | 31.00 | -- | 38.00 | -- | -- | -- | -- |
Gain on sale of Transtar | -- | -- | 506.00 | -- | -- | -- | -- | -- | -- | -- |
Total Operating Expenses | 17,254.00 | 17,905.00 | 15,329.00 | 10,816.00 | 13,167.00 | 13,054.00 | 11,642.00 | 10,426.00 | 12,776.00 | 17,094.00 |
Operating Income (Loss) | 799.00 | 3,160.00 | 4,946.00 | (1,075.00) | (230.00) | 1,124.00 | 608.00 | (165.00) | (1,202.00) | 413.00 |
Interest expense | 72.00 | 159.00 | 313.00 | 280.00 | 142.00 | 168.00 | 226.00 | 230.00 | 214.00 | 234.00 |
Interest income | 141.00 | 44.00 | 4.00 | 7.00 | 17.00 | 23.00 | 17.00 | 5.00 | 3.00 | 12.00 |
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) | 154.00 | 246.00 | 45.00 | 25.00 | (91.00) | (69.00) | -- | -- | -- | -- |
Net gain from investments related to active employee benefits | 43.00 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Net interest and other financial costs | (248.00) | (99.00) | 602.00 | 232.00 | 222.00 | 312.00 | 307.00 | 251.00 | 257.00 | 243.00 |
Income (loss) before income taxes, minority interests, extraordinary loss and cu | 1,047.00 | 3,259.00 | 4,344.00 | (1,307.00) | (452.00) | 812.00 | 301.00 | (416.00) | (1,459.00) | 170.00 |
Income tax provision (benefit) | 152.00 | 735.00 | 170.00 | (142.00) | 178.00 | (303.00) | (86.00) | 24.00 | 183.00 | 68.00 |
Current :Federal | 56.00 | 101.00 | (7.00) | (10.00) | (18.00) | (40.00) | (66.00) | (18.00) | (29.00) | -- |
Current :State and local | (3.00) | 54.00 | 50.00 | (3.00) | -- | 2.00 | (1.00) | 1.00 | (5.00) | (9.00) |
Deferred :Foreign | (5.00) | 7.00 | 11.00 | (11.00) | (17.00) | 12.00 | 9.00 | 9.00 | 12.00 | 25.00 |
Deferred :Federal | 116.00 | 451.00 | 8.00 | (95.00) | 196.00 | (283.00) | (81.00) | -- | 168.00 | 80.00 |
Current :Foreign | 2.00 | 79.00 | 179.00 | 1.00 | (6.00) | 64.00 | 53.00 | 32.00 | 4.00 | 1.00 |
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) | 895.00 | 2,524.00 | 4,174.00 | (1,165.00) | (630.00) | 1,115.00 | 387.00 | (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 Shareholders | 895.00 | 2,524.00 | 4,174.00 | (1,165.00) | (630.00) | 1,115.00 | 387.00 | (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) | 3.98 | 10.22 | 15.77 | (5.92) | (3.67) | 6.31 | 2.21 | (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) | 3.56 | 9.16 | 14.88 | (5.92) | (3.67) | 6.25 | 2.19 | (2.81) | (11.24) | 0.69 |
Weighted Average Shares Outstanding (Basic) | 224.76 | 246.99 | 264.67 | 196.72 | 171.42 | 176.63 | 174.79 | 156.67 | 146.09 | 145.16 |
Weighted Average Shares Outstanding (Diluted) | 255.36 | 276.96 | 280.44 | 196.72 | 171.42 | 178.46 | 176.52 | 156.67 | 146.09 | 152.10 |