GOODWILL AND INTANGIBLE ASSETS AND LIABILITIES (Tables)

3 Months Ended

Mar. 31, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill

The following is a summary of Goodwill by segment:

	(In Millions)
	March 31, 2022		December 31, 2021
Steelmaking	$	953	$	942
Other Businesses	174		174
Total goodwill	$	1,127	$	1,116

Schedule of Intangible Assets and Goodwill

The following is a summary of our intangible assets and liabilities:

	(In Millions)
	March 31, 2022						December 31, 2021
	Gross Amount		Accumulated Amortization		Net Amount		Gross Amount		Accumulated Amortization		Net Amount
Intangible assets1:
Customer relationships	$	90	$	(9)	$	81	$	95	$	(8)	$	87
Developed technology	60		(8)		52		60		(6)		54
Trade names and trademarks	18		(3)		15		18		(2)		16
Mining permits	72		(26)		46		72		(26)		46
Supplier relationships	21		—		21		18		—		18
Total intangible assets	$	261	$	(46)	$	215	$	263	$	(42)	$	221
Intangible liabilities2:
Above-market supply contracts	$	(71)	$	15	$	(56)	$	(71)	$	14	$	(57)
1 Intangible assets are classified as Other non-current assets. Amortization related to mining permits is recognized in Cost of goods sold. Amortization of all other intangible assets is recognized in Selling, general and administrative expenses.
2 Intangible liabilities are classified as Other non-current liabilities. Amortization of all intangible liabilities is recognized in Cost of goods sold.