Cleveland-Cliffs Inc. Annual report pursuant to Section 13 and 15(d)

RELATED PARTIES (Tables)

12 Months Ended

Dec. 31, 2019

The following is a summary of the mine ownership of the co-owned iron ore mine at December 31, 2019:

Product revenues from related parties were as follows:



	(In Millions)
	Year Ended December 31,
	2019			2018			2017
Product revenues from related parties	$	915.3		$	1,234.5		$	806.7
Total product revenues	1,848.1			2,172.3			1,644.6
Related party product revenue as a percent of total product revenue	49.5		%	56.8		%	49.1		%

The following table presents the classification of related party assets and liabilities in the Statements of Consolidated Financial Position:



	(In Millions)
	December 31,
Balance Sheet Location of Assets (Liabilities)	2019			2018
Accounts receivable, net	$	31.1		$	176.0
Derivative assets	44.5			89.3
Other current liabilities	(2.0		)	(45.3		)
	$	73.6		$	220.0