Quarterly report pursuant to Section 13 or 15(d)

Basis Of Presentation And Significant Accounting Policies (Tables)

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Basis Of Presentation And Significant Accounting Policies (Tables)
9 Months Ended
Sep. 30, 2011
Basis Of Presentation And Significant Accounting Policies [Abstract]  
Significant Consolidated Subsidiaries
Investments In Unconsolidated Venture
Impact Of The Prospective Adjustments On The Statements Of Unaudited Condensed Consolidated Operations
     (In Millions, Except Per Share Amounts)  
     Three Months Ended      Six Months Ended  
     March 31,      June 30,      June 30,  
     2011      2011      2011  

Revenues from Product Sales and Services

        

Product

     $ 54.1           $ 46.0           $ 100.1     

Freight and venture partners' cost reimbursements

     -           (46.0)          (46.0)    
  

 

 

    

 

 

    

 

 

 
     54.1           -             54.1     

Cost of Goods Sold and Operating Expenses

     (54.1)          -             (54.1)   

Income from Continuing Operations

     8.4           7.7           16.1     

LESS: Income Attributable to Noncontrolling Interest

     45.9           38.1           84.0     
  

 

 

    

 

 

    

 

 

 

Net Income Attributable to Cliffs Shareholders

     $ (37.5)          $ (30.4)          $ (67.9)    

Earnings per Common Share Attributable to Cliffs Shareholders - Basic and Diluted

     $ (0.28)          $ (0.22)          $ (0.49)