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Quarterly report pursuant to Section 13 or 15(d)

Statements Of Condensed Consolidated Financial Position

v2.4.1.9
Statements Of Condensed Consolidated Financial Position (USD $)
In Millions, unless otherwise specified
Mar. 31, 2015
Dec. 31, 2014
CURRENT ASSETS Ìý Ìý
Cash and cash equivalents $ 355.7us-gaap_CashAndCashEquivalentsAtCarryingValue $ 271.3us-gaap_CashAndCashEquivalentsAtCarryingValue
Accounts receivable, net 87.1us-gaap_AccountsReceivableNetCurrent 122.7us-gaap_AccountsReceivableNetCurrent
Inventories 408.5us-gaap_InventoryNet 260.1us-gaap_InventoryNet
Supplies and other inventories 120.4us-gaap_Supplies 118.6us-gaap_Supplies
Income tax receivable 165.5us-gaap_IncomeTaxesReceivable 217.6us-gaap_IncomeTaxesReceivable
Short-term assets of discontinued operations 197.2us-gaap_AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent 330.6us-gaap_AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent
Other current assets 190.0us-gaap_OtherAssetsCurrent 128.0us-gaap_OtherAssetsCurrent
TOTAL CURRENT ASSETS 1,524.4us-gaap_AssetsCurrent 1,448.9us-gaap_AssetsCurrent
PROPERTY, PLANT AND EQUIPMENT, NET 1,047.2us-gaap_PropertyPlantAndEquipmentNet 1,070.5us-gaap_PropertyPlantAndEquipmentNet
OTHER ASSETS Ìý Ìý
Long-term assets of discontinued operations 0us-gaap_DisposalGroupIncludingDiscontinuedOperationAssetsNoncurrent 400.1us-gaap_DisposalGroupIncludingDiscontinuedOperationAssetsNoncurrent
Other Non-Current Assets 131.0us-gaap_OtherAssetsNoncurrent 244.5us-gaap_OtherAssetsNoncurrent
TOTAL OTHER ASSETS 131.0clf_TotalOtherAssets 644.6clf_TotalOtherAssets
TOTAL ASSETS 2,702.6us-gaap_Assets 3,164.0us-gaap_Assets
CURRENT LIABILITIES Ìý Ìý
Accounts payable 114.3us-gaap_AccountsPayableCurrent 166.1us-gaap_AccountsPayableCurrent
Accrued expenses 167.1us-gaap_AccruedLiabilitiesCurrent 201.7us-gaap_AccruedLiabilitiesCurrent
Short-term liabilities of discontinued operations 265.0us-gaap_LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent 400.6us-gaap_LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent
Other current liabilities 300.1us-gaap_OtherLiabilitiesCurrent 190.2us-gaap_OtherLiabilitiesCurrent
TOTAL CURRENT LIABILITIES 846.5us-gaap_LiabilitiesCurrent 958.6us-gaap_LiabilitiesCurrent
PENSION AND POSTEMPLOYMENT BENEFIT LIABILITIES 250.2us-gaap_PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent 259.7us-gaap_PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
ENVIRONMENTAL AND MINE CLOSURE OBLIGATIONS 165.6us-gaap_MineReclamationAndClosingLiabilityNoncurrent 165.6us-gaap_MineReclamationAndClosingLiabilityNoncurrent
LONG-TERM DEBT 2,880.9us-gaap_LongTermDebtNoncurrent 2,843.3us-gaap_LongTermDebtNoncurrent
LONG-TERM LIABILITIES OF DISCONTINUED OPERATIONS 125.2us-gaap_LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationNoncurrent 436.1us-gaap_LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationNoncurrent
OTHER LIABILITIES 216.3us-gaap_OtherLiabilitiesNoncurrent 235.0us-gaap_OtherLiabilitiesNoncurrent
TOTAL LIABILITIES 4,484.7us-gaap_Liabilities 4,898.3us-gaap_Liabilities
COMMITMENTS AND CONTINGENCIES (SEE NOTE 20) ÌýÌý ÌýÌý
CLIFFS SHAREHOLDERS' DEFICIT Ìý Ìý
Preferred Stock - no par value, Class A - 3,000,000 shares authorized, 7 % Series A Mandatory Convertible, Class A, no par value and $1,000 per share liquidation preference, Issued and Outstanding - 731,223 shares (2014 - 731,223) 731.3clf_PreferredSharesIssuedAndOutstandingValue 731.3clf_PreferredSharesIssuedAndOutstandingValue
Common Shares - par value $0.125 per share, Authorized - 400,000,000 shares (2014 - 400,000,000 shares); Issued - 159,546,224 shares (2014 - 159,546,224 shares); Outstanding - 153,184,519 shares (2014 - 153,246,754 shares) 19.8us-gaap_CommonStockValueOutstanding 19.8us-gaap_CommonStockValueOutstanding
Capital in excess of par value of shares 2,308.1us-gaap_AdditionalPaidInCapital 2,309.8us-gaap_AdditionalPaidInCapital
Retained deficit (4,733.2)us-gaap_RetainedEarningsAccumulatedDeficit (3,960.7)us-gaap_RetainedEarningsAccumulatedDeficit
Cost of 6,266,672 common shares in treasury (2014 - 6,299,470 shares) (283.5)us-gaap_TreasuryStockValue (285.7)us-gaap_TreasuryStockValue
Accumulated other comprehensive loss (38.2)us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax (245.8)us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax
TOTAL CLIFFS SHAREHOLDERS' DEFICIT (1,995.7)us-gaap_StockholdersEquity (1,431.3)us-gaap_StockholdersEquity
NONCONTROLLING INTEREST (DEFICIT) 213.6us-gaap_MinorityInterest (303.0)us-gaap_MinorityInterest
TOTAL DEFICIT (1,782.1)us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest (1,734.3)us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
TOTAL LIABILITIES AND DEFICIT $ 2,702.6us-gaap_LiabilitiesAndStockholdersEquity $ 3,164.0us-gaap_LiabilitiesAndStockholdersEquity