Quarterly report pursuant to Section 13 or 15(d)

Statements Of Condensed Consolidated Financial Position

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Statements Of Condensed Consolidated Financial Position (USD $)
In Millions, unless otherwise specified
Sep. 30, 2013
Dec. 31, 2012
CURRENT ASSETS    
Cash and cash equivalents $ 298.8 $ 195.2
Accounts receivable, net 291.7 329.0
Inventories 438.4 436.5
Supplies and other inventories 257.4 289.1
Derivative assets 72.7 78.6
Other current assets 310.6 321.6
TOTAL CURRENT ASSETS 1,669.6 1,650.0
PROPERTY, PLANT AND EQUIPMENT, NET 11,354.8 11,207.3
OTHER ASSETS    
Investments in ventures 71.5 135.8
Goodwill 158.6 167.4
Intangible assets, net 110.8 129.0
Deferred income taxes 5.3 91.8
Other non-current assets 196.1 193.6
TOTAL OTHER ASSETS 542.3 717.6
TOTAL ASSETS 13,566.7 13,574.9
CURRENT LIABILITIES    
Accounts payable 350.8 555.5
Accrued expenses 404.7 442.6
Income taxes payable 57.3 28.3
Current portion of debt 7.9 94.1
Deferred revenue 15.1 35.9
Derivative liabilities 36.1 13.2
Other current liabilities 188.6 211.9
TOTAL CURRENT LIABILITIES 1,060.5 1,381.5
PENSION AND POSTEMPLOYMENT BENEFIT LIABILITIES 556.1 618.3
ENVIRONMENTAL AND MINE CLOSURE OBLIGATIONS 299.5 252.8
DEFERRED INCOME TAXES 1,000.5 1,108.1
LONG-TERM DEBT 3,319.6 3,960.7
OTHER LIABILITIES 395.9 492.6
TOTAL LIABILITIES 6,632.1 7,814.0
COMMITMENTS AND CONTINGENCIES (SEE NOTE 19)      
CLIFFS SHAREHOLDERS' EQUITY    
Preferred Stock - no par value, Class A - 3,000,000 shares authorized, 7 % Series A Mandatory Convertible, Class A, no par value and $1,000 per share liquidation preference (See Note 15), Issued and Outstanding - 731,250 shares (2012 - none) 731.3 0
Common Shares - par value $0.125 per share, Authorized - 400,000,000 shares (2012- 400,000,000 shares); Issued - 159,545,469 shares (2012 - 149,195,469 shares); Outstanding - 153,124,449 shares (2012 - 142,495,902 shares) 19.8 18.5
Capital in excess of par value of shares 2,029.8 1,774.7
Retained earnings 3,483.3 3,217.7
Cost of 6,421,264 common shares in treasury (2012 - 6,699,567 shares) (306.1) (322.6)
Accumulated other comprehensive loss (178.4) (55.6)
TOTAL CLIFFS SHAREHOLDERS' EQUITY 5,779.7 4,632.7
NONCONTROLLING INTEREST 1,154.9 1,128.2
TOTAL EQUITY 6,934.6 5,760.9
TOTAL LIABILITIES AND EQUITY $ 13,566.7 $ 13,574.9