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Quarterly report pursuant to Section 13 or 15(d)

BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES (Tables)

v2.4.0.8
BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES (Tables)
6 Months Ended
Jun. 30, 2014
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:
Name
Ìý
Location
Ìý
Ownership Interest
Ìý
Operation
Northshore
Ìý
Minnesota
Ìý
100.0%
Ìý
Iron Ore
United Taconite
Ìý
Minnesota
Ìý
100.0%
Ìý
Iron Ore
Wabush
Ìý
Newfoundland and Labrador/ Quebec, Canada
Ìý
100.0%
Ìý
Iron Ore
Bloom Lake
Ìý
Quebec, Canada
Ìý
82.8%
Ìý
Iron Ore
Tilden
Ìý
Michigan
Ìý
85.0%
Ìý
Iron Ore
Empire
Ìý
Michigan
Ìý
79.0%
Ìý
Iron Ore
Koolyanobbing
Ìý
Western Australia
Ìý
100.0%
Ìý
Iron Ore
Pinnacle
Ìý
West Virginia
Ìý
100.0%
Ìý
Coal
Oak Grove
Ìý
Alabama
Ìý
100.0%
Ìý
Coal
CLCC
Ìý
West Virginia
Ìý
100.0%
Ìý
Coal
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, 2014 and DecemberÌý31, 2013. Parentheses indicate a net liability.
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
(In Millions)
Investment
Ìý
Classification
Ìý
Accounting
Method
Ìý
Interest
Percentage
Ìý
JuneÌý30,
2014
Ìý
DecemberÌý31, 2013
Hibbing
Ìý
Other non-current assets1
Ìý
Equity Method
Ìý
23%
Ìý
$
9.5

Ìý
$
(3.9
)
Other
Ìý
Other non-current assets
Ìý
Equity Method
Ìý
Various
Ìý
34.1

Ìý
34.7

Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
$
43.6

Ìý
$
30.8

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1 At December 31, 2013, the classification for Hibbing was Other liabilities.