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Quarterly report pursuant to Section 13 or 15(d)

BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES (Tables)

v3.2.0.727
BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES (Tables)
6 Months Ended
Jun. 30, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract] Ìý
Schedule Of Subsidiaries
The unaudited condensed consolidated financial statements include our accounts and the accounts of our wholly-owned and majority-owned subsidiaries, including the following operations as of JuneÌý30, 2015:
Name
Ìý
Location
Ìý
Ownership Interest
Ìý
Operation
Ìý
Status of Operations
Northshore
Ìý
Minnesota
Ìý
100.0%
Ìý
Iron Ore
Ìý
Active
United Taconite
Ìý
Minnesota
Ìý
100.0%
Ìý
Iron Ore
Ìý
Active
Tilden
Ìý
Michigan
Ìý
85.0%
Ìý
Iron Ore
Ìý
Active
Empire
Ìý
Michigan
Ìý
79.0%
Ìý
Iron Ore
Ìý
Active
Koolyanobbing
Ìý
Western Australia
Ìý
100.0%
Ìý
Iron Ore
Ìý
Active
Pinnacle
Ìý
West Virginia
Ìý
100.0%
Ìý
Coal
Ìý
Active - Held for Sale
Oak Grove
Ìý
Alabama
Ìý
100.0%
Ìý
Coal
Ìý
Active - Held for Sale
Wabush1
Ìý
Newfoundland and Labrador/ Quebec, Canada
Ìý
100.0%
Ìý
Iron Ore
Ìý
Permanent closure
Bloom Lake1
Ìý
Quebec, Canada
Ìý
82.8%
Ìý
Iron Ore
Ìý
Care-and-maintenance
1ÌýAs of January 27, 2015 and May 20, 2015, we deconsolidated substantially all of our Canadian operations following the CCAA filing. See NOTE 14 - DISCONTINUED OPERATIONS for further information.
Schedule of Equity Method Investments
The following table presents the detail of our investments in unconsolidated ventures and where those investments are classified in the Statements of Unaudited Condensed Consolidated Financial Position as of JuneÌý30, 2015 and DecemberÌý31, 2014.
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
(In Millions)
Investment
Ìý
Classification
Ìý
Accounting
Method
Ìý
Interest
Percentage
Ìý
JuneÌý30,
2015
Ìý
DecemberÌý31,
2014
Hibbing
Ìý
Other non-current assets
Ìý
Equity Method
Ìý
23%
Ìý
$
0.9

Ìý
$
3.1

Other
Ìý
Other non-current assets
Ìý
Equity Method
Ìý
Various
Ìý
1.1

Ìý
1.0

Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
$
2.0

Ìý
$
4.1