XML 74 R8.htm IDEA: XBRL DOCUMENT v3.22.0.1
CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($)
$ in Millions
Total
Common stock:
Treasury stock:
Additional paid-in capital:
Retained earnings:
Accumulated other comprehensive income (loss):
Pension and other benefit adjustments (Note 18):
Foreign currency translation adjustments:
Derivative financial instruments:
Total stockholders’ equity
Noncontrolling interests:
Balance at beginning of year at Dec. 31, 2018   $ 177 $ (78) $ 3,917 $ 1,212   $ (1,416) $ 403 $ (13)   $ 1
Balance at beginning of year (in shares) at Dec. 31, 2018   177,386,000 (2,858,000)                
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Common stock issued   $ 2   0              
Common stock issued (in shares)   1,169,000                  
Common stock repurchased $ (88)   $ (88)                
Common stock repurchased (in shares) (5,289,475)   (5,289,000)                
Common stock (repurchased) reissued for employee/non-employee director stock plans     $ (7)                
Common stock (repurchased) reissued for employee/non-employee director stock plans (in shares)     (362,000)                
Dividends on common stock       0 (35)            
Issuance of conversion option in 2026 Senior Convertible Notes, net of tax       77              
Employee stock plans       26              
Net earnings (loss) attributable to United States Steel Corporation $ (630)       (630)            
Other         (3)           0
Changes in pension and other employee benefit accounts (a) 573 [1]           580 [2]        
Changes during year, equity investee net of taxes (a) [2]             (7)        
Changes in foreign currency translation adjustments (a) (22) [1]             (22) [2]      
Derivative reclassifications to Consolidated Statements of Operations [2]                 (3)    
Stelco Option Agreement                     0
Net loss                     0
Balance at end of year at Dec. 31, 2019   $ 179 $ (173) 4,020 544 $ (478) (843) 381 (16) $ 4,092 1
Balance at end of year (in shares) at Dec. 31, 2019   178,555,000 (8,509,000)                
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Comprehensive (loss) income including noncontrolling interest (82)                    
Related Income Tax Benefit (Provision):                      
Foreign currency translation adjustments 6                    
Pension and other benefits adjustments (191)                    
Derivative adjustments 1                    
Common stock issued   $ 50   360              
Common stock issued (in shares)   50,551,000                  
Common stock repurchased     $ 0                
Common stock repurchased (in shares)     0                
Common stock (repurchased) reissued for employee/non-employee director stock plans     $ (2)                
Common stock (repurchased) reissued for employee/non-employee director stock plans (in shares)     (164,000)                
Dividends on common stock       (6) (2)            
Issuance of conversion option in 2026 Senior Convertible Notes, net of tax       0              
Employee stock plans       28              
Net earnings (loss) attributable to United States Steel Corporation (1,165)       (1,165)            
Other         0           (1)
Changes in pension and other employee benefit accounts (a) 385 [1]           360 [2]        
Changes during year, equity investee net of taxes (a) [2]             25        
Changes in foreign currency translation adjustments (a) 68 [1]             68 [2]      
Derivative reclassifications to Consolidated Statements of Operations [2]                 (22)    
Stelco Option Agreement                     93
Net loss                     0
Balance at end of year at Dec. 31, 2020 3,786 $ 229 $ (175) 4,402 (623) (47) (458) 449 (38) 3,786 93
Balance at end of year (in shares) at Dec. 31, 2020   229,106,000 (8,673,000)                
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Comprehensive (loss) income including noncontrolling interest (734)                    
Related Income Tax Benefit (Provision):                      
Foreign currency translation adjustments (16)                    
Pension and other benefits adjustments (123)                    
Derivative adjustments 4                    
Common stock issued   $ 51   742              
Common stock issued (in shares)   50,416,000                  
Common stock repurchased $ (150)   $ (150)                
Common stock repurchased (in shares) (6,556,855)   (6,557,000)                
Common stock (repurchased) reissued for employee/non-employee director stock plans     $ (9)                
Common stock (repurchased) reissued for employee/non-employee director stock plans (in shares)     (479,000)                
Dividends on common stock       (5) (18)            
Issuance of conversion option in 2026 Senior Convertible Notes, net of tax       0              
Employee stock plans       60              
Net earnings (loss) attributable to United States Steel Corporation $ 4,174       4,174            
Other         1           0
Changes in pension and other employee benefit accounts (a) 433 [1]           433 [2]        
Changes during year, equity investee net of taxes (a) [2]             0        
Changes in foreign currency translation adjustments (a) (78) [1]             (78) [2]      
Derivative reclassifications to Consolidated Statements of Operations [2]                 23    
Stelco Option Agreement                     0
Net loss                     0
Balance at end of year at Dec. 31, 2021 9,010 $ 280 $ (334) $ 5,199 $ 3,534 $ 331 $ (25) $ 371 $ (15) $ 9,010 $ 93
Balance at end of year (in shares) at Dec. 31, 2021   279,522,000 (15,709,000)                
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Comprehensive (loss) income including noncontrolling interest 4,552                    
Related Income Tax Benefit (Provision):                      
Foreign currency translation adjustments 32                    
Pension and other benefits adjustments (147)                    
Derivative adjustments $ (6)                    
[1] Related income tax (provision) benefit
Foreign currency translation adjustments$32 $(16)$
Pension and other benefits adjustments(147)(123)(191)
Derivative adjustments(6)
[2] Related income tax benefit (provision):
Foreign currency translation adjustments$32 $(16)$
Pension and other benefits adjustments(147)(123)(191)
Derivative adjustments (6)