Cliffs Natural Resources Inc. and Subsidiaries | |||||||||||||||||||||||
Schedule II – Valuation and Qualifying Accounts | |||||||||||||||||||||||
(Dollars in Millions) | |||||||||||||||||||||||
Additions | |||||||||||||||||||||||
Balance at Beginning of Year | Charged to Cost and Expenses | Charged to Other Accounts | Balance at End of Year | ||||||||||||||||||||
Classification | Acquisition | Deductions | |||||||||||||||||||||
Year Ended December 31, 2012: | |||||||||||||||||||||||
Deferred Tax Valuation Allowance | $ | 223.9 | $ | 635.8 | $ | — | $ | — | $ | 1.3 | $ | 858.4 | |||||||||||
Accounts Receivable Allowance | $ | — | $ | 8.1 | $ | — | $ | — | $ | — | $ | 8.1 | |||||||||||
Year Ended December 31, 2011: | |||||||||||||||||||||||
Deferred Tax Valuation Allowance | $ | 172.7 | $ | 49.1 | $ | 2.1 | $ | — | $ | — | $ | 223.9 | |||||||||||
Year Ended December 31, 2010: | |||||||||||||||||||||||
Deferred Tax Valuation Allowance | $ | 89.4 | $ | 85.0 | $ | 9.3 | $ | — | $ | 11.0 | $ | 172.7 | |||||||||||