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Annual report pursuant to Section 13 and 15(d)

RELATED PARTIES (Tables)

v3.19.3.a.u2
RELATED PARTIES (Tables)
12 Months Ended
Dec. 31, 2019
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 DecemberÌý31, 2019:
Mine
Ìý
ÐÇ¿Õ´«Ã½ Inc.
Ìý
ArcelorMittal USA
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
Year Ended December 31,
Ìý
2019
Ìý
2018
Ìý
2017
Product revenues from related parties
$
915.3

Ìý
$
1,234.5

Ìý
$
806.7

Total product revenues
1,848.1

Ìý
2,172.3

Ìý
1,644.6

Related party product revenue as a percent of total product revenue
49.5
%
Ìý
56.8
%
Ìý
49.1
%

Summary of Balance Sheet Presentation [Table Text Block]
The following table presents the classification of related party assets and liabilities in the Statements of Consolidated Financial Position:
Ìý
Ìý
(In Millions)
Ìý
Ìý
December 31,
Balance Sheet Location of Assets (Liabilities)
Ìý
2019
Ìý
2018
Accounts receivable, net
Ìý
$
31.1

Ìý
$
176.0

Derivative assets
Ìý
44.5

Ìý
89.3

Other current liabilities
Ìý
(2.0
)
Ìý
(45.3
)
Ìý
Ìý
$
73.6

Ìý
$
220.0