Cleveland-Cliffs Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

INVENTORIES (Schedule Of Inventories) (Details)

INVENTORIES (Schedule Of Inventories) (Details) (USD $) In Millions, unless otherwise specified	Mar. 31, 2015	Dec. 31, 2014
Inventory, Net [Abstract]
Finished Goods	$ 309.6	$ 158.5
Work-in Process	98.9	101.6
Total Inventory	408.5us-gaap_InventoryNet	260.1us-gaap_InventoryNet
U.S. Iron Ore [Member]
Inventory, Net [Abstract]
Finished Goods	294.5	132.1
Work-in Process	13.9	13.5
Total Inventory	308.4	145.6
Asia Pacific Iron Ore [Member]
Inventory, Net [Abstract]
Finished Goods	15.1	26.4
Work-in Process	85.0	88.1
Total Inventory	$ 100.1	$ 114.5

- 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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