| Schedule Of Segment Reporting Information |
| | | | | | | | | | | | | | | | | | | | | | | | | Six Months Ended June 30, 2026 | | (In millions) | Steelmaking | | Other Businesses | | Eliminations | | Total | | Revenues | $ | 9,893 | | | $ | 344 | | | $ | (89) | | | $ | 10,148 | | | Cost of goods sold | (9,875) | | | (312) | | | 89 | | | (10,098) | | | Selling, general and administrative expenses | (264) | | | (15) | | | — | | | (279) | | | Net periodic benefit credits other than service cost component | 128 | | | — | | | — | | | 128 | | | Excluding depreciation, depletion and amortization | 505 | | | 16 | | | — | | | 521 | | Other segment items1 | (39) | | | — | | | — | | | (39) | | | Total Adjusted EBITDA | $ | 348 | | | $ | 33 | | | $ | — | | | $ | 381 | | | | | | | | | | | Interest expense, net | | | | | | | (304) | | | Income tax benefit | | | | | | | 101 | | | Depreciation, depletion and amortization | | | | | | | (521) | | EBITDA from noncontrolling interests2 | | | | | | | 31 | | | Idled facilities credits | | | | | | | 5 | | | Currency exchange | | | | | | | (33) | | | Changes in fair value of derivatives, net | | | | | | | (22) | | | Gain on disposal of assets, net | | | | | | | 9 | | | Severance | | | | | | | (1) | | | Other, net | | | | | | | (9) | | | Net loss | | | | | | | $ | (363) | | | | | | | | | | | Capital Additions | $ | 311 | | | $ | 4 | | | $ | — | | | $ | 315 | | | | | | | | | | 1 Other segment items primarily consist of the exclusion of EBITDA from noncontrolling interests, certain idled facilities credits and the inclusion of items within Miscellaneous – net and Other non-operating income. | 2 EBITDA from noncontrolling interests includes net income attributable to noncontrolling interests of $19 million and the exclusion of depreciation, depletion and amortization of $12 million. |
| | | | | | | | | | | | | | | | | | | | | | | | | Six Months Ended June 30, 2025 | | (In millions) | Steelmaking | | Other Businesses | | Eliminations | | Total | | Revenues | $ | 9,303 | | | $ | 325 | | | $ | (65) | | | $ | 9,563 | | | Cost of goods sold | (9,934) | | | (300) | | | 63 | | | (10,171) | | | Selling, general and administrative expenses | (256) | | | (14) | | | — | | | (270) | | | Net periodic benefit credits other than service cost component | 100 | | | — | | | — | | | 100 | | | Excluding depreciation, depletion and amortization | 660 | | | 15 | | | — | | | 675 | | Other segment items1 | 18 | | | — | | | — | | | 18 | | | Total Adjusted EBITDA | $ | (109) | | | $ | 26 | | | $ | (2) | | | $ | (85) | | | | | | | | | | | Interest expense, net | | | | | | | (289) | | | Income tax benefit | | | | | | | 297 | | | Depreciation, depletion and amortization | | | | | | | (675) | | EBITDA from noncontrolling interests2 | | | | | | | 38 | | | Idled facilities charges | | | | | | | (248) | | | Currency exchange | | | | | | | 46 | | | Changes in fair value of derivatives, net | | | | | | | (24) | | | Loss on disposal of assets, net | | | | | | | (4) | | Amortization of inventory step-up | | | | | | | 6 | | | Severance | | | | | | | (20) | | | Other, net | | | | | | | (1) | | | Net loss | | | | | | | $ | (959) | | | | | | | | | | | Capital Additions | $ | 273 | | | $ | 8 | | | $ | — | | | $ | 281 | | | | | | | | | | 1 Other segment items primarily consist of the exclusion of EBITDA from noncontrolling interests from Adjusted EBITDA, certain idled facilities charges and the inclusion of items within Miscellaneous – net and Other non-operating income. | 2 EBITDA from noncontrolling interests includes net income attributable to noncontrolling interests of $25 million and the exclusion of depreciation, depletion and amortization of $13 million. |
|
| Reconciliation of Assets from Segment to Consolidated |
The following summarizes our assets by segment: | | | | | | | | | | | | | (In millions) | June 30,
2026 | | December 31,
2025 | | Assets: | | | | | Steelmaking | $ | 19,525 | | | $ | 19,416 | | | Other Businesses | 590 | | | 596 | | | Total segment assets | $ | 20,115 | | | $ | 20,012 | |
|