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Annual report pursuant to Section 13 and 15(d)

RELATED PARTIES (Tables)

v3.8.0.1
RELATED PARTIES (Tables)
12 Months Ended
Dec. 31, 2017
Related Party Transactions [Abstract] Ìý
Summary Of Other Ownership Interests
DecemberÌý31, 2017:
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
Year Ended
December 31,
Ìý
2017
Ìý
2016
Ìý
2015
Product revenues from related parties
$
806.7

Ìý
$
830.1

Ìý
$
671.1

Total product revenues
2,089.2

Ìý
1,913.5

Ìý
1,832.4

Related party product revenue as a percent of total product revenue
38.6
%
Ìý
43.4
%
Ìý
36.6
%
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 as of DecemberÌý31, 2017 and 2016:
Ìý
(In Millions)
Ìý
Balance Sheet
Location
Ìý
December 31, 2017
Ìý
December 31, 2016
Amounts due from related parties
Accounts receivable, net
Ìý
$
68.1

Ìý
$
46.9

Customer supply agreements and provisional pricing agreements
Derivative assets
Ìý
37.9

Ìý
26.8

Amounts due to related parties
Partnership distribution payable
Ìý
(44.2
)
Ìý
(8.7
)
Amounts due to related parties
Other current liabilities
Ìý
(12.3
)
Ìý
—

Amounts due to related parties
Other liabilities
Ìý
(41.4
)
Ìý
—

Net amounts due from related parties
Ìý
Ìý
$
8.1

Ìý
$
65.0