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Quarterly report pursuant to Section 13 or 15(d)

BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES (Tables)

v3.10.0.1
BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES (Tables)
6 Months Ended
Jun. 30, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract] Ìý
Schedule Of Subsidiaries
Basis of Consolidation
The unaudited condensed consolidated financial statements include our accounts and the accounts of our wholly-owned subsidiaries, including the following operations as of JuneÌý30, 2018:
Name
Ìý
Location
Ìý
Status of Operations
Northshore
Ìý
Minnesota
Ìý
Active
United Taconite
Ìý
Minnesota
Ìý
Active
Tilden
Ìý
Michigan
Ìý
Active
Empire
Ìý
Michigan
Ìý
Indefinitely Idled
Koolyanobbing1
Ìý
Western Australia
Ìý
Not Active
Ìý
Ìý
Ìý
Ìý
Ìý
1ÌýDuring June 2018, we completed the final planned shipment from Asia Pacific Iron Ore and commenced selling its assets. Refer to NOTE 16 - DISCONTINUED OPERATIONS.

Intercompany transactions and balances are eliminated upon consolidation.
Foreign Currency
The following represents the transaction gains and losses resulting from remeasurement:
Ìý
Ìý
(In Millions)
Ìý
Ìý
Three Months Ended
June 30,
Ìý
Six Months Ended
June 30,
Ìý
Ìý
2018
Ìý
2017
Ìý
2018
Ìý
2017
Short-term intercompany loans
Ìý
$
(0.1
)
Ìý
$
1.5

Ìý
$
(0.3
)
Ìý
$
16.6

Other
Ìý
—

Ìý
(1.0
)
Ìý
(0.2
)
Ìý
(1.3
)
Net impact of transaction gains (losses) resulting from remeasurement
Ìý
$
(0.1
)
Ìý
$
0.5

Ìý
$
(0.5
)
Ìý
$
15.3