Cleveland-Cliffs Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

INVENTORIES (Schedule Of Inventories) (Details)

INVENTORIES (Schedule Of Inventories) (Details) (USD $) In Millions, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013
Inventory, Net [Abstract]
Finished Goods	$ 207.9	$ 256.5
Work-in Process	118.8	134.9
Total Inventory	326.7us-gaap_InventoryNet	391.4us-gaap_InventoryNet
U.S. Iron Ore [Member]
Inventory, Net [Abstract]
Finished Goods	132.1	92.1
Work-in Process	13.5	13.0
Total Inventory	145.6	105.1
Eastern Canadian Iron Ore [Member]
Inventory, Net [Abstract]
Finished Goods	16.3	65.3
Work-in Process	0	48.1
Total Inventory	16.3	113.4
Asia Pacific Iron Ore [Member]
Inventory, Net [Abstract]
Finished Goods	26.4	39.7
Work-in Process	88.1	50.6
Total Inventory	114.5	90.3
North American Coal [Member]
Inventory, Net [Abstract]
Finished Goods	33.1	59.4
Work-in Process	17.2	23.2
Total Inventory	$ 50.3	$ 82.6

- Definition

Carrying amount, net of reserves and adjustments, as of the balance sheet date of merchandise or goods which are partially completed. This inventory is generally comprised of raw materials, labor and factory overhead costs, which require further materials, labor and overhead to be converted into finished goods, and which generally require the use of estimates to determine percentage complete and pricing.

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