Quarterly report pursuant to Section 13 or 15(d)

Statements Of Unaudited Condensed Consolidated Financial Position

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Statements Of Unaudited Condensed Consolidated Financial Position - USD ($)
$ in Millions
Jun. 30, 2018
Dec. 31, 2017
CURRENT ASSETS    
Cash and cash equivalents $ 802.5 $ 978.3
Accounts receivable, net 152.6 106.7
Inventories 256.4 138.4
Supplies and other inventories 88.6 88.8
Derivative assets 174.7 37.9
Current assets of discontinued operations 45.3 118.5
Loans to and accounts receivable from the Canadian Entities 0.0 51.6
Other current assets 26.8 24.4
TOTAL CURRENT ASSETS 1,546.9 1,544.6
PROPERTY, PLANT AND EQUIPMENT, NET 1,081.3 1,033.8
OTHER ASSETS    
Deposits for property, plant and equipment 85.7 17.8
Income tax receivable 219.9 235.3
Non-current assets of discontinued operations 0.0 20.3
Other non-current assets 117.7 101.6
TOTAL OTHER ASSETS 423.3 375.0
TOTAL ASSETS 3,051.5 2,953.4
CURRENT LIABILITIES    
Accounts payable 119.0 99.5
Accrued expenses 85.1 79.1
Accrued interest 43.1 31.4
Contingent claims 0.0 55.6
Partnership distribution payable 44.2 44.2
Current liabilities of discontinued operations 117.3 75.0
Other current liabilities 66.2 67.4
TOTAL CURRENT LIABILITIES 474.9 452.2
PENSION AND POSTEMPLOYMENT BENEFIT LIABILITIES 245.0 257.7
ENVIRONMENTAL AND MINE CLOSURE OBLIGATIONS 172.3 167.7
LONG-TERM DEBT 2,297.0 2,304.2
NON-CURRENT LIABILITIES OF DISCONTINUED OPERATIONS 10.3 52.2
OTHER LIABILITIES 158.3 163.5
TOTAL LIABILITIES 3,357.8 3,397.5
COMMITMENTS AND CONTINGENCIES (REFER TO NOTE 20)
CLIFFS SHAREHOLDERS' DEFICIT    
Common Shares - par value $0.125 per share, Authorized - 600,000,000 shares (2017 - 600,000,000 shares); Issued - 301,886,794 shares (2017 - 301,886,794 shares); Outstanding - 297,846,632 shares (2017 - 297,400,968 shares) 37.7 37.7
Capital in excess of par value of shares 3,918.2 3,933.9
Retained deficit (4,092.5) (4,207.3)
Cost of 4,040,162 common shares in treasury (2017 - 4,485,826 shares) (147.5) (169.6)
Accumulated other comprehensive loss (22.2) (39.0)
TOTAL CLIFFS SHAREHOLDERS' DEFICIT (306.3) (444.3)
NONCONTROLLING INTEREST 0.0 0.2
TOTAL DEFICIT (306.3) (444.1)
TOTAL LIABILITIES AND DEFICIT $ 3,051.5 $ 2,953.4