ÐÇ¿Õ´«Ã½

Quarterly report pursuant to Section 13 or 15(d)

RELATED PARTIES (Tables)

v3.10.0.1
RELATED PARTIES (Tables)
6 Months Ended
Jun. 30, 2018
Related Party Transactions [Abstract] Ìý
Summary Of Other Ownership Interests
The following is a summary of the mine ownership of the co-owned iron ore mine at JuneÌý30, 2018:
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
Three Months Ended
June 30,
Ìý
Six Months Ended
June 30,
Ìý
2018
Ìý
2017
Ìý
2018
Ìý
2017
Product revenues from related parties
$
409.4

Ìý
$
227.5

Ìý
$
471.4

Ìý
$
336.9

Total product revenues
$
672.0

Ìý
$
417.0

Ìý
$
841.2

Ìý
$
664.3

Related party product revenue as a percent of total product revenue
60.9
%
Ìý
54.6
%
Ìý
56.0
%
Ìý
50.7
%
Summary of Balance Sheet Presentation
The following table presents the classification of related party assets and liabilities in the Statements of Unaudited Condensed Consolidated Financial Position:
Ìý
(In Millions)
Ìý
Balance Sheet
Location
Ìý
June 30, 2018
Ìý
December 31, 2017
Amounts due from related parties
Accounts receivable, net
Ìý
$
83.2

Ìý
$
68.1

Customer supply agreement and provisional pricing agreements
Derivative assets
Ìý
169.4

Ìý
37.9

Amounts due to related parties
Partnership distribution payable
Ìý
(44.2
)
Ìý
(44.2
)
Amounts due to related parties
Other current liabilities
Ìý
(3.6
)
Ìý
(12.3
)
Amounts due to related parties
Other liabilities
Ìý
(42.7
)
Ìý
(41.4
)
Net amounts due from related parties
Ìý
Ìý
$
162.1

Ìý
$
8.1