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

SHAREHOLDERS' EQUITY (Tables)

6 Months Ended

Jun. 30, 2012


	(In Millions)
	Cliffs Shareholders’ Equity			Noncontrolling Interest			Total Equity
December 31, 2011	$	5,785.0		$	1,254.7		$	7,039.7
Comprehensive income
Net income		633.8			31.9			665.7
Other comprehensive income		2.7			3.0			5.7

Total comprehensive income		636.5			34.9			671.4
Stock and other incentive plans		2.3			-			2.3
Common stock dividends		(128.8	)		-			(128.8	)
Undistributed gains to noncontrolling interest		-			8.6			8.6
Capital contribution by noncontrolling interest to subsidiary		-			22.3			22.3
Acquisition of controlling interest		-			(8.0	)		(8.0	)

June 30, 2012	$	6,295.0		$	1,312.5		$	7,607.5


	(In Millions)
	Cliffs Shareholders’ Equity			Noncontrolling Interest			Total Equity
December 31, 2010	$	3,845.9		$	(7.2	)	$	3,838.7
Comprehensive income
Net income		832.5			18.3			850.8
Other comprehensive income		50.1			0.9			51.0

Total comprehensive income		882.6			19.2			901.8
Equity offering		853.7			-			853.7
Purchase of additional noncontrolling interest		0.3			-			0.3
Stock and other incentive plans		3.1			-			3.1
Common stock dividends		(38.0	)		-			(38.0	)
Purchase of subsidiary shares from noncontrolling interest		-			4.5			4.5
Undistributed gains to noncontrolling interest		-			9.6			9.6
Capital contribution by noncontrolling interest to subsidiary		-			0.2			0.2
Acquisition of controlling interest		-			947.6			947.6

June 30, 2011	$	5,547.6		$	973.9		$	6,521.5

(In Millions)

Postretirement
Benefit
Liability

Unrealized
Net Gain
(Loss) on
Securities

Unrealized
Net Gain
(Loss) on
Foreign
Currency
Translation

Unrealized
Net Gain
(Loss) on
Derivative
Financial
Instruments

Accumulated
Other
Comprehensive
Income (Loss)

Balance December 31, 2011

(408.9)

2.6

312.5

1.2

(92.6)

Change during 2012

10.3

(0.5)

(6.5)

(0.6)

2.7

Balance June 30, 2012

(398.6)

2.1

306.0

0.6

(89.9)


	(In Millions)
	Postretirement Benefit Liability		Unrealized Net Gain (Loss) on Securities		Unrealized Net Gain (Loss) on Foreign Currency		Net Gain on Derivative Financial Instruments		Accumulated Other Comprehensive Income
Balance December 31, 2010	$	(305.1)	$	33.6	$	314.7	$	2.7	$	45.9
Change during 2011		8.6		(19.2)		57.5		3.2		50.1

Balance June 30, 2011	$	(296.5)	$	14.4	$	372.2	$	5.9	$	96.0