Annual report pursuant to Section 13 and 15(d)

RELATED PARTIES (Tables)

v3.10.0.1
RELATED PARTIES (Tables)
 12 Months Ended
Dec. 31, 2018
Related Party Transactions [Abstract]  
Summary Of Other Ownership Interests
The following is a summary of the mine ownership of the co-owned iron ore mine at December 31, 2018:
Mine
 
Cleveland-Cliffs Inc.
 
ArcelorMittal
 
U.S. Steel
Hibbing
 
23.0%
 
62.3%
 
14.7%
Summary Of Related Party Transactions Table Disclosure
Product revenues from related parties were as follows:
 
(In Millions)
 
Year Ended December 31,
 
2018
 
2017
 
2016
Product revenues from related parties
$
1,234.5

 
$
806.7

 
$
830.1

Total product revenues
$
2,172.3

 
$
1,644.6

 
$
1,379.7

Related party product revenue as a percent of total product revenue
56.8
%
 
49.1
%
 
60.2
%
Summary of Balance Sheet Presentation [Table Text Block]
The following table presents the classification of related party assets and liabilities in the Statements of Consolidated Financial Position:
 
 
(In Millions)
Balance Sheet Location
 
December 31, 2018
 
December 31, 2017
Accounts receivable, net
 
$
176.0

 
$
68.1

Derivative assets
 
89.3

 
37.9

Partnership distribution payable
 
(43.5
)
 
(44.2
)
Other current liabilities
 
(1.8
)
 
(12.3
)
Other liabilities
 
—

 
(41.4
)
 
 
$
220.0

 
$
8.1