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)

9 Months Ended

Sep. 30, 2011

Schedule Of Segment Reporting Information, By Segment


	(In Millions)
	Three Months Ended September 30,						Nine Months Ended September 30,
	2011			2010			2011			2010
Revenues from product sales and services:
U.S. Iron Ore	$	1,106.7	52%	$	741.4	55%	$	2,502.0	49%	$	1,729.8	53%
Eastern Canadian Iron Ore		517.3	24%		124.4	9%		942.2	18%		308.1	9%
North American Coal		64.0	3%		126.1	9%		388.7	8%		323.4	10%
Asia Pacific Iron Ore		400.1	19%		298.2	22%		1,127.1	22%		767.1	24%
Other		54.7	2%		55.9	5%		171.8	3%		129.5	4%

Total revenues from product sales and services for reportable segments	$	2,142.8	100%	$	1,346.0	100%	$	5,131.8	100%	$	3,257.9	100%


Sales margin:
U.S. Iron Ore	$	481.3		$	264.2		$	1,283.7		$	545.5
Eastern Canadian Iron Ore		193.0			39.6			296.0			76.3
North American Coal		(42.7)			(17.8)			(60.4)			(5.4)
Asia Pacific Iron Ore		214.6			169.7			615.4			382.5
Other		17.1			21.5			60.2			43.7

Sales margin		863.3			477.2			2,194.9			1,042.6
Other operating expense		(43.0)			(86.8)			(214.2)			(170.9)
Other income (expense)		(54.8)			20.2			(61.8)			39.8

Income from continuing operations before income taxes and equity income (loss) from ventures	$	765.5		$	410.6		$	1,918.9		$	911.5


Depreciation, depletion and amortization:
U.S. Iron Ore	$	23.0		$	17.6		$	62.5		$	45.1
Eastern Canadian Iron Ore		41.2			10.6			81.1			36.2
North American Coal		19.7			19.6			62.1			42.6
Asia Pacific Iron Ore		25.4			31.0			74.3			97.2
Other		8.4			5.6			22.9			18.4

Total depreciation, depletion and amortization	$	117.7		$	84.4		$	302.9		$	239.5


Capital additions (1):
U.S. Iron Ore	$	28.5		$	32.7		$	115.8		$	59.9
Eastern Canadian Iron Ore		103.3			4.8			167.5			9.4
North American Coal		60.3			28.1			116.3			42.0
Asia Pacific Iron Ore		57.3			10.4			140.6			30.6
Other		6.5			7.5			13.1			12.3

Total capital additions	$	255.9		$	83.5		$	553.3		$	154.2

(1) Includes capital lease additions and non-cash accruals.

Schedule Of Summary Of Assets, By Segment


	(In Millions)
	September 30, 2011		December 31, 2010
Segment Assets:
U.S. Iron Ore	$	1,772.2	$	1,537.1
Eastern Canadian Iron Ore		7,712.6		629.6
North American Coal		1,718.9		1,623.8
Asia Pacific Iron Ore		1,343.1		1,195.3
Other		1,165.6		1,257.8

Total segment assets		13,712.4		6,243.6
Corporate		232.9		1,534.6

Total assets	$	13,945.3	$	7,778.2

- 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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