United States Steel Corp., adjusted current assets

US$ in millions

	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018
As Reported
Current assets	7,866)	7,152)	4,432)	3,813)	4,830)
Adjustments
Add: Allowance for doubtful accounts	38)	44)	34)	28)	29)
After Adjustment
Adjusted current assets	7,904)	7,196)	4,466)	3,841)	4,859)

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United States Steel Corp., adjusted total assets

US$ in millions

	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018
As Reported
Total assets	19,458)	17,816)	12,059)	11,608)	10,982)
Adjustments
Add: Operating lease right-of-use asset (before adoption of FASB Topic 842)¹	—)	—)	—)	—)	243)
Add: Allowance for doubtful accounts	38)	44)	34)	28)	29)
Less: Deferred income tax benefits²	10)	32)	22)	19)	445)
After Adjustment
Adjusted total assets	19,486)	17,828)	12,071)	11,617)	10,809)

¹ Operating lease right-of-use asset (before adoption of FASB Topic 842). See details »

² Deferred income tax benefits. See details »

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United States Steel Corp., adjusted total liabilities

US$ in millions

	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018
As Reported
Total liabilities	9,147)	8,713)	8,180)	7,515)	6,779)
Adjustments
Add: Operating lease liability (before adoption of FASB Topic 842)¹	—)	—)	—)	—)	243)
Less: Deferred income tax liabilities²	456)	122)	11)	4)	14)
Less: Accrued liabilities for restructuring and other cost reduction programs	182)	240)	177)	212)	17)
After Adjustment
Adjusted total liabilities	8,509)	8,351)	7,992)	7,299)	6,991)

¹ Operating lease liability (before adoption of FASB Topic 842). See details »

² Deferred income tax liabilities. See details »

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United States Steel Corp., adjusted total United States Steel Corporation stockholders’ equity

US$ in millions

	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018
As Reported
Total United States Steel Corporation stockholders’ equity	10,218)	9,010)	3,786)	4,092)	4,202)
Adjustments
Less: Net deferred tax asset (liability)¹	(446)	(90)	11)	15)	431)
Add: Allowance for doubtful accounts	38)	44)	34)	28)	29)
Add: Accrued liabilities for restructuring and other cost reduction programs	182)	240)	177)	212)	17)
Add: Noncontrolling interests	93)	93)	93)	1)	1)
After Adjustment
Adjusted stockholders’ equity	10,977)	9,477)	4,079)	4,318)	3,818)

¹ Net deferred tax asset (liability). See details »

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United States Steel Corp., adjusted capitalization table

US$ in millions

	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018
As Reported
Short-term debt and current maturities of long-term debt	63)	28)	192)	14)	65)
Long-term debt, less unamortized discount and debt issuance costs, excluding current maturities	3,914)	3,863)	4,695)	3,627)	2,316)
Total reported debt	3,977)	3,891)	4,887)	3,641)	2,381)
Total United States Steel Corporation stockholders’ equity	10,218)	9,010)	3,786)	4,092)	4,202)
Total reported capital	14,195)	12,901)	8,673)	7,733)	6,583)
Adjustments to Debt
Add: Operating lease liability (before adoption of FASB Topic 842)¹	—)	—)	—)	—)	243)
Add: Current operating lease liabilities²	49)	58)	59)	60)	—)
Add: Noncurrent operating lease liabilities³	105)	136)	163)	177)	—)
Adjusted total debt	4,131)	4,085)	5,109)	3,878)	2,624)
Adjustments to Equity
Less: Net deferred tax asset (liability)⁴	(446)	(90)	11)	15)	431)
Add: Allowance for doubtful accounts	38)	44)	34)	28)	29)
Add: Accrued liabilities for restructuring and other cost reduction programs	182)	240)	177)	212)	17)
Add: Noncontrolling interests	93)	93)	93)	1)	1)
Adjusted stockholders’ equity	10,977)	9,477)	4,079)	4,318)	3,818)
After Adjustment
Adjusted total capital	15,108)	13,562)	9,188)	8,196)	6,442)

¹ Operating lease liability (before adoption of FASB Topic 842). See details »

² Current operating lease liabilities. See details »

³ Noncurrent operating lease liabilities. See details »

⁴ Net deferred tax asset (liability). See details »

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United States Steel Corp., adjusted net earnings (loss) attributable to United States Steel Corporation

US$ in millions

12 months ended:	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018
As Reported
Net earnings (loss) attributable to United States Steel Corporation	2,524)	4,174)	(1,165)	(630)	1,115)
Adjustments
Add: Deferred income tax expense (benefit)¹	501)	(52)	(130)	202)	(329)
Add: Increase (decrease) in allowance for doubtful accounts	(6)	10)	6)	(1)	1)
Add: Increase (decrease) in accrued liabilities for restructuring and other cost reduction programs	(58)	63)	(35)	195)	(21)
Add: Other comprehensive income (loss), net of tax	(416)	378)	431)	548)	(181)
Add: Comprehensive income (loss), net of tax, attributable to noncontrolling interest	—)	—)	—)	—)	—)
After Adjustment
Adjusted net earnings (loss)	2,545)	4,573)	(893)	314)	585)

¹ Deferred income tax expense (benefit). See details »

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United States Steel Corp. (NYSE:X)

Adjustments to Financial Statements