BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES (Investments In Unconsolidated Ventures) (Details) (USD $)
In Millions, unless otherwise specified |
12 Months Ended | ||
---|---|---|---|
Dec. 31, 2012
|
Dec. 27, 2012
|
Dec. 31, 2011
|
|
Schedule of Equity Method Investments [Line Items] | |||
Investment | $ 108.4 | $ 504.8 | |
Amapa [Member] | Investments In Ventures [Member]
|
|||
Schedule of Equity Method Investments [Line Items] | |||
Interest Percentage | 30.00% | ||
Total percentage of Amapa sold | 100.00% | ||
Investment | 101.9 | 498.6 | |
Impairment of equity method investment | 365.4 | ||
Cockatoo [Member] | Other Liabilities [Member]
|
|||
Schedule of Equity Method Investments [Line Items] | |||
Interest Percentage | 50.00% | ||
Investment | (25.3) | (15.0) | |
Hibbing [Member] | Other Liabilities [Member]
|
|||
Schedule of Equity Method Investments [Line Items] | |||
Investment | (2.1) | (6.8) | |
Other Equity Investees [Member] | Investments In Ventures [Member]
|
|||
Schedule of Equity Method Investments [Line Items] | |||
Investment | $ 33.9 | $ 28.0 | |
Hibbing [Member] | Hibbing [Member] | Investments In Ventures [Member]
|
|||
Schedule of Equity Method Investments [Line Items] | |||
Interest Percentage | 23.00% | ||
Latin American Iron Ore [Member] | Amapa [Member]
|
|||
Schedule of Equity Method Investments [Line Items] | |||
Interest Percentage | 30.00% |
X | ||||||||||
- Definition
Total percentage of Amapa sold No definition available.
|
X | ||||||||||
- Definition
This item represents an other than temporary decline in value that has been recognized against an investment accounted for under the equity method of accounting. The excess of the carrying amount over the fair value of the investment represents the amount of the write down which is or was reflected in earnings. The written down value is a new cost basis with the adjusted value of the investment becoming its new carrying value subject to the equity accounting method. Evidence of a loss in value might include, but would not necessarily be limited to, absence of an ability to recover the carrying amount of the investment or inability of the investee to sustain an earnings capacity which would justify the carrying amount of the investment. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The percentage of ownership of common stock or equity participation in the investee accounted for under the equity method of accounting. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
This item represents the carrying amount on the entity's balance sheet of its investment in common stock of an equity method investee. This is not an indicator of the fair value of the investment, rather it is the initial cost adjusted for the entity's share of earnings and losses of the investee, adjusted for any distributions (dividends) and other than temporary impairment (OTTI) losses recognized. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Details
|