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Annual report pursuant to Section 13 and 15(d)

Statements Of Consolidated Changes In Equity

v2.4.0.6
Statements Of Consolidated Changes In Equity (USD $)
In Millions, except Share data, unless otherwise specified
Common Shares [Member]
Capital In Excess of Par Value of Shares [Member]
Retained Earnings [Member]
Common Shares in Treasury [Member]
Accumulated Other Comprehensive Income (Loss) [Member]
Non- Controlling Interest [Member]
Total
Beginning Balance at Dec. 31, 2008 $ 16.8 $ 442.2 $ 1,799.9 $ (113.8) $ (394.6) $ 3.3 $ 1,753.8
Beginning Balance (in shares) at Dec. 31, 2008 113,500,000 Ìý Ìý Ìý Ìý Ìý Ìý
Comprehensive income Ìý Ìý Ìý Ìý Ìý Ìý Ìý
Net income Ìý Ìý 205.1 Ìý Ìý Ìý 205.1
Other comprehensive income (loss), net of tax Ìý Ìý Ìý Ìý Ìý Ìý Ìý
Pension and OPEB liability Ìý Ìý Ìý Ìý 24.2 (2.4) 21.8
Unrealized net gain on marketable securities Ìý Ìý Ìý Ìý 29.5 Ìý 29.5
Unrealized net gain on foreign currency translation Ìý Ìý Ìý Ìý 231.7 Ìý 231.7
Unrealized gain on interest rate swap Ìý Ìý Ìý Ìý 1.7 Ìý 1.7
Reclassification of net gains on derivative financial instruments into net income Ìý Ìý Ìý Ìý (15.1) Ìý (15.1)
TOTAL COMPREHENSIVE INCOME ATTRIBUTABLE TO CLIFFS SHAREHOLDERS Ìý Ìý Ìý Ìý Ìý (2.4) 474.7
Purchase of subsidiary shares from noncontrolling interest Ìý Ìý Ìý Ìý Ìý 0.1 0.1
Undistributed losses to noncontrolling interest Ìý Ìý Ìý Ìý Ìý (7.5) (7.5)
Capital contribution by noncontrolling interest to subsidiary Ìý Ìý Ìý Ìý Ìý 0.7 0.7
Equity Offering (in shares) 17,300,000 Ìý Ìý Ìý Ìý Ìý Ìý
Equity Offering (value) Ìý 254.5 Ìý 92.8 Ìý Ìý 347.3
Purchase of additional noncontrolling interest Ìý (5.4) Ìý Ìý Ìý Ìý (5.4)
Stock and other incentive plans (in shares) 200,000 Ìý Ìý Ìý Ìý Ìý Ìý
Stock and other incentive plans Ìý 4.1 Ìý 0.9 Ìý Ìý 5.0
Conversion of preferred stock Ìý Ìý Ìý 0.2 Ìý Ìý 0.2
Common stock dividends Ìý Ìý (31.9) Ìý Ìý Ìý (31.9)
Ending Balance at Dec. 31, 2009 16.8 695.4 1,973.1 (19.9) (122.6) (5.8) 2,537.0
Ending Balance (in shares) at Dec. 31, 2009 131,000,000 Ìý Ìý Ìý Ìý Ìý Ìý
Comprehensive income Ìý Ìý Ìý Ìý Ìý Ìý Ìý
Net income Ìý Ìý 1,019.9 Ìý Ìý Ìý 1,019.9
Other comprehensive income (loss), net of tax Ìý Ìý Ìý Ìý Ìý Ìý Ìý
Pension and OPEB liability Ìý Ìý Ìý Ìý 14.0 0.8 14.8
Unrealized net gain on marketable securities Ìý Ìý Ìý Ìý 4.2 Ìý 4.2
Unrealized net gain on foreign currency translation Ìý Ìý Ìý Ìý 151.6 Ìý 151.6
Reclassification of net gains on derivative financial instruments into net income Ìý Ìý Ìý Ìý (3.2) Ìý (3.2)
Unrealized gain on derivative instruments Ìý Ìý Ìý Ìý 1.9 Ìý 1.9
TOTAL COMPREHENSIVE INCOME ATTRIBUTABLE TO CLIFFS SHAREHOLDERS Ìý Ìý Ìý Ìý Ìý 0.8 1,189.2
Purchase of subsidiary shares from noncontrolling interest Ìý Ìý Ìý Ìý Ìý (0.5) (0.5)
Undistributed losses to noncontrolling interest Ìý Ìý Ìý Ìý Ìý (4.7) (4.7)
Capital contribution by noncontrolling interest to subsidiary Ìý Ìý Ìý Ìý Ìý 3.0 3.0
Purchase of additional noncontrolling interest Ìý (1.6) Ìý Ìý Ìý Ìý (1.6)
Acquisition of controlling interest (in shares) 4,200,000 Ìý Ìý Ìý Ìý Ìý Ìý
Acquisition of controlling interest 0.5 172.6 Ìý Ìý Ìý Ìý 173.1
Stock and other incentive plans (in shares) 300,000 Ìý Ìý Ìý Ìý Ìý Ìý
Stock and other incentive plans Ìý 19.4 Ìý (7.3) Ìý Ìý 12.1
Common stock dividends Ìý Ìý (68.9) Ìý Ìý Ìý (68.9)
Other Ìý 10.5 Ìý (10.5) Ìý Ìý Ìý
Ending Balance at Dec. 31, 2010 17.3 896.3 2,924.1 (37.7) 45.9 (7.2) 3,838.7
Ending Balance (in shares) at Dec. 31, 2010 135,500,000 Ìý Ìý Ìý Ìý Ìý 135,456,999
Comprehensive income Ìý Ìý Ìý Ìý Ìý Ìý Ìý
Net income Ìý Ìý 1,619.1 Ìý Ìý 193.5 1,812.6
Other comprehensive income (loss), net of tax Ìý Ìý Ìý Ìý Ìý Ìý Ìý
Pension and OPEB liability Ìý Ìý Ìý Ìý (103.8) (17.6) (121.4)
Unrealized net gain on marketable securities Ìý Ìý Ìý Ìý (31.0) Ìý (31.0)
Unrealized net gain on foreign currency translation Ìý Ìý Ìý Ìý (2.2) Ìý (2.2)
Reclassification of net gains on derivative financial instruments into net income Ìý Ìý Ìý Ìý (3.3) Ìý (3.3)
Unrealized gain on derivative instruments Ìý Ìý Ìý Ìý 1.8 Ìý 1.8
TOTAL COMPREHENSIVE INCOME ATTRIBUTABLE TO CLIFFS SHAREHOLDERS Ìý Ìý Ìý Ìý Ìý 175.9 1,656.5
Purchase of subsidiary shares from noncontrolling interest Ìý Ìý Ìý Ìý Ìý 4.5 4.5
Capital contribution by noncontrolling interest to subsidiary Ìý 0.2 Ìý Ìý Ìý 6.1 6.3
Share buyback (in shares) (4,000,000) Ìý Ìý Ìý Ìý Ìý Ìý
Share buyback Ìý Ìý Ìý (289.8) Ìý Ìý (289.8)
Equity Offering (in shares) 10,300,000 Ìý Ìý Ìý Ìý Ìý Ìý
Equity Offering (value) 1.2 852.5 Ìý Ìý Ìý Ìý 853.7
Acquisition of controlling interest Ìý Ìý Ìý Ìý Ìý 1,075.4 1,075.4
Stock and other incentive plans (in shares) 200,000 Ìý Ìý Ìý Ìý Ìý Ìý
Stock and other incentive plans Ìý 21.8 Ìý (8.5) Ìý Ìý 13.3
Common stock dividends Ìý Ìý (118.9) Ìý Ìý Ìý (118.9)
Ending Balance at Dec. 31, 2011 $ 18.5 $ 1,770.8 $ 4,424.3 $ (336.0) $ (92.6) $ 1,254.7 $ 7,039.7
Ending Balance (in shares) at Dec. 31, 2011 142,000,000 Ìý Ìý Ìý Ìý Ìý 142,021,718