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

Quarterly report pursuant to Section 13 or 15(d)

SEGMENT REPORTING (Tables)

SEGMENT REPORTING (Tables)

3 Months Ended

Mar. 31, 2013

Schedule Of Segment Reporting Information, By Segment

The following table presents a summary of our reportable segments for the three months ended March 31, 2013 and 2012, including a reconciliation of segment sales margin to Income from Continuing Operations Before Income Taxes and Equity Loss from Ventures:



	(In Millions)
	Three Months Ended March 31,
	2013					2012
Revenues from product sales and services:
U.S. Iron Ore	$	410.1		36	%	$	441.7		36	%
Eastern Canadian Iron Ore	245.3			22	%	220.7			18	%
Asia Pacific Iron Ore	270.8			24	%	359.8			30	%
North American Coal	214.3			18	%	189.9			16	%
Other	—			—	%	0.3			—	%
Total revenues from product sales and services	$	1,140.5		100	%	$	1,212.4		100	%

Sales margin:
U.S. Iron Ore	$	157.3				$	166.9
Eastern Canadian Iron Ore	19.4					(14.3		)
Asia Pacific Iron Ore	61.3					125.0
North American Coal	1.8					14.5
Other	(1.9		)			(0.3		)
Sales margin	237.9					291.8
Other operating expense	(69.6		)			(68.9		)
Other income (expense)	(48.0		)			(43.3		)
Income from continuing operations before income taxes and equity loss from ventures	$	120.3				$	179.6

Depreciation, depletion and amortization:
U.S. Iron Ore	$	26.6				$	23.2
Eastern Canadian Iron Ore	41.1					37.9
Asia Pacific Iron Ore	36.4					30.0
North American Coal	32.5					20.1
Other	4.0					6.1
Total depreciation, depletion and amortization	$	140.6				$	117.3

Capital additions (1):
U.S. Iron Ore	$	11.7				$	34.8
Eastern Canadian Iron Ore	167.0					130.6
Asia Pacific Iron Ore	4.3					109.3
North American Coal	11.1					39.1
Other	1.6					39.6
Total capital additions	$	195.7				$	353.4

(1) Includes capital lease additions and non-cash accruals. Refer to NOTE 20 - CASH FLOW INFORMATION.

Summary of Assets by Segment

A summary of assets by segment is as follows:



	(In Millions)
	March 31, 2013		December 31, 2012
Assets:
U.S. Iron Ore	$	1,848.4	$	1,735.1
Eastern Canadian Iron Ore	7,719.7		7,605.1
Asia Pacific Iron Ore	1,474.4		1,506.3
North American Coal	1,829.7		1,877.8
Other	599.3		570.9
Total segment assets	13,471.5		13,295.2
Corporate	350.4		279.7
Total assets	$	13,821.9	$	13,574.9

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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