Cleveland-Cliffs Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

PENSIONS AND OTHER POSTRETIREMENT BENEFITS (Tables)

PENSIONS AND OTHER POSTRETIREMENT BENEFITS (Tables)

6 Months Ended

Jun. 30, 2012

Components Of Net Periodic Benefit Cost

Defined Benefit Pension Expense


		(In Millions)
		Three Months Ended June 30,								Six Months Ended June 30,
		2012				2011				2012				2011
Service cost		$	8.0			$	5.2			$	16.0			$	11.0
Interest cost			12.3				12.2				24.3				25.8
Expected return on plan assets			(15.0)				(13.7)				(29.8)				(29.2)
Amortization:
Prior service costs			0.9				1.0				1.9				2.2
Net actuarial loss			7.6				4.8				15.0				10.0

Net periodic benefit cost		$	13.8			$	9.5			$	27.4			$	19.8

Other Postretirement Benefits Expense


		(In Millions)
		Three Months Ended June 30,								Six Months Ended June 30,
		2012				2011				2012				2011
Service cost		$	3.9			$	2.3			$	7.5			$	4.7
Interest cost			5.4				5.3				10.6				11.2
Expected return on plan assets			(4.3)				(3.7)				(8.6)				(8.0)
Amortization:
Prior service costs			0.8				0.2				1.5				0.8
Net actuarial loss			2.7				2.9				5.6				5.8

Net periodic benefit cost		$	8.5			$	7.0			$	16.6			$	14.5