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Quarterly report pursuant to Section 13 or 15(d)

BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES (Tables)

v3.7.0.1
BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES (Tables)
3 Months Ended
Mar. 31, 2017
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 MarchÌý31, 2017:
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
Indefinitely Idled
Koolyanobbing
Ìý
Western Australia
Ìý
100.0%
Ìý
Iron Ore
Ìý
Active
Foreign Currency Transaction [Table Text Block]
The following represents the transaction gains and losses resulting from remeasurement for the three months ended MarchÌý31, 2017 and 2016:
Ìý
Ìý
(In Millions)
Ìý
Ìý
Three Months Ended
March 31,
Ìý
Ìý
2017
Ìý
2016
Remeasurement of intercompany loans
Ìý
$
15.1

Ìý
$
0.4

Remeasurement of cash and cash equivalents
Ìý
(1.2
)
Ìý
0.8

Other remeasurement
Ìý
(0.3
)
Ìý
(2.4
)
Net impact of transaction gains and (losses) resulting from remeasurement
Ìý
13.6

Ìý
(1.2
)