v3.26.1
Revenue from Contracts with Customers
6 Months Ended
Jun. 30, 2026
Revenue from Contract with Customer [Abstract]  
Revenue from Contracts with Customers
10. Revenue from Contracts with Customers
Cokemaking
As of June 30, 2026, our coke sales agreements have approximately 17.0 million tons of unsatisfied or partially unsatisfied performance obligations, which are expected to be delivered over a weighted average remaining contract term of approximately eight years.
Industrial Services
The following table provides estimated fixed fee and take-or-pay revenue for unsatisfied or partially unsatisfied performance obligations from all of our multi-year industrial services contracts as of June 30, 2026, which are expected to be recognized over approximately the next 10 years.
(Dollars in millions)
2026-2028$278.6 
2029-2031152.4 
2032-thereafter84.2 
Total estimated fixed fee and take-or-pay revenue$515.2 
Disaggregated Sales and Other Operating Revenue
The following table provides disaggregated sales and other operating revenue by product or service, excluding intersegment revenues:
Three Months Ended June 30,Six Months Ended June 30,
 2026202520262025
 (Dollars in millions)
Sales and other operating revenue:
Cokemaking$357.5 $397.2 $707.9 $788.5 
Energy9.3 12.5 19.8 25.3 
Industrial Services97.6 13.9 182.5 36.0 
Operating and licensing fees9.4 8.6 17.4 16.4 
Other1.5 1.9 2.8 3.9 
Sales and other operating revenue$475.3 $434.1 $930.4 $870.1 
The following table provides disaggregated sales and other operating revenue by customer:
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
(Dollars in millions)
Sales and other operating revenue:
Cliffs Steel$290.0 $250.7 $555.0 $550.0 
U.S. Steel64.4 60.3 131.3 120.3 
Other120.9 123.1 244.1 199.8 
Sales and other operating revenue$475.3 $434.1 $930.4 $870.1 
The following table provides disaggregated sales and other operating revenue by domestic and international:
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
(Dollars in millions)
Sales and other operating revenue:
Domestic
$448.0 $425.5 $879.0 $853.7 
International
27.3 8.6 51.4 16.4 
Sales and other operating revenue$475.3 $434.1 $930.4 $870.1