{"schema_version":"secwatch.filing_event.v1","accession":"0000764065-24-000033","form_type":"8-K","ticker":"CLF","cik":"0000764065","company_name":"CLEVELAND-CLIFFS INC.","filed_at":"2024-01-29T23:59:59+00:00","discovered_at":"2026-05-14T18:03:26.878846+00:00","generated_at":"2026-06-06T16:14:14.495824+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Cliffs FY2023 Adj EBITDA $1.9B, record steel shipments; sees Q1 2024 EBITDA meaningfully higher","bullets":["Full-year 2023 revenue $22.0B (down from $23.0B); GAAP net income $450M ($0.78 diluted EPS); adjusted net income $545M ($1.07 diluted EPS).","Steel shipments record 16.4M tons (up from 14.75M in 2022); automotive shipments record.","Q4 2023 revenues $5.1B; GAAP net loss $139M (-$0.31); adjusted net loss $25M (-$0.05).","Free cash flow $1.6 billion in 2023; net debt reduced to $2.9 billion, below $3.0B target.","2024 guidance: steel shipments 16.5M tons; unit cost reduction ~$30/ton (~$500M EBITDA benefit); capex $675-$725M."],"urls":{"canonical":"https://secwatch.observer/filing/0000764065-24-000033","json":"https://secwatch.observer/filing/0000764065-24-000033.json","markdown":"https://secwatch.observer/filing/0000764065-24-000033.md","text":"https://secwatch.observer/filing/0000764065-24-000033.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/764065/000076406524000033/0000764065-24-000033-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/764065/000076406524000033/clf-20240129.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T16:14:14.495824+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"13a26c677ac94f35ce9bd44f6bc21998443562a0","claim":"CLEVELAND-CLIFFS INC. reported financial results for the fourth-quarter and full-year financial results for the period ended December 31, 2023.","evidence_excerpt":"On January 29, 2024, Cleveland-Cliffs Inc. issued a news release announcing the fourth-quarter and full-year financial results for the period ended December 31, 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/764065/000076406524000033/0000764065-24-000033-index.htm","confidence":0.8,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth-quarter and full-year financial results for the period ended December 31, 2023"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}