Cliffs Natural Resources Inc. and Subsidiaries | |||||||||||||||||||||||
Schedule II – Valuation and Qualifying Accounts | |||||||||||||||||||||||
(Dollars in Millions) | |||||||||||||||||||||||
Additions | |||||||||||||||||||||||
Balance at Beginning of Year | Charged to Cost and Expenses | Charged to Other Accounts | Balance at End of Year | ||||||||||||||||||||
Classification | Acquisition | Deductions | |||||||||||||||||||||
Year Ended December 31, 2015: | |||||||||||||||||||||||
Deferred Tax Valuation Allowance | $ | 1,152.3 | $ | 54.3 | $ | 2,165.9 | $ | — | $ | — | $ | 3,372.5 | |||||||||||
Accounts Receivable Allowance | $ | — | $ | 7.1 | $ | — | $ | — | $ | — | $ | 7.1 | |||||||||||
Year Ended December 31, 2014: | |||||||||||||||||||||||
Deferred Tax Valuation Allowance | $ | 849.6 | $ | 634.9 | $ | (12.6 | ) | $ | — | $ | 319.6 | $ | 1,152.3 | ||||||||||
Accounts Receivable Allowance | $ | — | $ | — | $ | — | $ | — | $ | — | $ | — | |||||||||||
Year Ended December 31, 2013: | |||||||||||||||||||||||
Deferred Tax Valuation Allowance | $ | 858.4 | $ | 72.1 | $ | (65.5 | ) | $ | — | $ | 15.4 | $ | 849.6 | ||||||||||
Accounts Receivable Allowance | $ | — | $ | — | $ | — | $ | — | $ | — | $ | — | |||||||||||