ÐÇ¿Õ´«Ã½

Quarterly report pursuant to Section 13 or 15(d)

RELATED PARTIES (Tables)

v3.8.0.1
RELATED PARTIES (Tables)
3 Months Ended
Mar. 31, 2018
Related Party Transactions [Abstract] Ìý
Summary Of Other Ownership Interests
The following is a summary of the mine ownership of the co-owned iron ore mine at MarchÌý31, 2018:
Mine
Ìý
ÐÇ¿Õ´«Ã½ Inc.
Ìý
ArcelorMittal
Ìý
U.S. Steel
Hibbing
Ìý
23.0
%
Ìý
62.3
%
Ìý
14.7
%
Summary Of Related Party Transactions Table Disclosure
Product revenues from related parties were as follows:
Ìý
(In Millions)
Ìý
Three Months Ended
March 31,
Ìý
2018
Ìý
2017
Product revenues from related parties
$
62.1

Ìý
$
118.5

Total product revenues
$
220.7

Ìý
$
412.8

Related party product revenue as a percent of total product revenue
28.1
%
Ìý
28.7
%
Summary of Balance Sheet Presentation [Table Text Block]
The following table presents the classification of related party assets and liabilities in the Statements of Unaudited Condensed Consolidated Financial Position:
Ìý
(In Millions)
Ìý
Balance Sheet
Location
Ìý
March 31, 2018
Ìý
December 31, 2017
Amounts due from related parties
Accounts receivable, net
Ìý
$
7.9

Ìý
$
68.1

Customer supply agreements and provisional pricing agreements
Derivative assets
Ìý
91.3

Ìý
37.9

Amounts due to related parties
Accounts payable
Ìý
(1.2
)
Ìý
—

Amounts due to related parties
Partnership distribution payable
Ìý
(44.2
)
Ìý
(44.2
)
Amounts due to related parties
Other current liabilities
Ìý
(0.4
)
Ìý
(12.3
)
Amounts due to related parties
Other liabilities
Ìý
(42.0
)
Ìý
(41.4
)
Net amounts due from related parties
Ìý
Ìý
$
11.4

Ìý
$
8.1