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SEGMENT REPORTING (Tables)
3 Months Ended
Mar. 31, 2023
Segment Reporting [Abstract]  
Schedule Of Segment Reporting Information
Our results by segment are as follows:
Three Months Ended
March 31,
(In millions)20232022
Revenues:
Steelmaking$5,126 $5,794 
Other Businesses169 161 
Total revenues$5,295 $5,955 
Adjusted EBITDA:
Steelmaking$240 $1,424 
Other Businesses8 29 
Eliminations(5)(1)
Total Adjusted EBITDA$243 $1,452 
The following table provides a reconciliation of our consolidated Net income (loss) to total Adjusted EBITDA:
Three Months Ended
March 31,
(In millions)20232022
Net income (loss)$(42)$814 
Less:
Interest expense, net(77)(77)
Income tax benefit (expense)13 (237)
Depreciation, depletion and amortization(242)(301)
264 1,429 
Less:
EBITDA of noncontrolling interests1
23 22 
Loss on extinguishment of debt (14)
Asset impairment (29)
Other, net(2)(2)
Total Adjusted EBITDA$243 $1,452 
1 EBITDA of noncontrolling interests includes the following:
Net income attributable to noncontrolling interests$15 $13 
Depreciation, depletion and amortization8 
EBITDA of noncontrolling interests$23 $22 
The following table summarizes our depreciation, depletion and amortization and capital additions by segment:
Three Months Ended
March 31,
(In millions)20232022
Depreciation, depletion and amortization:
Steelmaking$(231)$(291)
Other Businesses(11)(10)
Total depreciation, depletion and amortization$(242)$(301)
Capital additions1:
Steelmaking$127 $175 
Other Businesses1 
Total capital additions$128 $181 
1 Refer to NOTE 2 - SUPPLEMENTARY FINANCIAL STATEMENT INFORMATION for additional information.
Reconciliation of Assets from Segment to Consolidated
The following summarizes our assets by segment:
(In millions)March 31,
2023
December 31,
2022
Assets:
Steelmaking$18,018 $18,070 
Other Businesses312 315 
Total segment assets18,330 18,385 
Corporate/Eliminations322 370 
Total assets$18,652 $18,755