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

Quarterly report pursuant to Section 13 or 15(d)

INVENTORIES (Schedule Of Inventories) (Details)

INVENTORIES (Schedule Of Inventories) (Details) (USD $) In Millions, unless otherwise specified	Sep. 30, 2013	Dec. 31, 2012
Inventory, Net [Abstract]
Finished Goods	$ 324.2	$ 283.2
Work-in Process	114.2	153.3
Total Inventory	438.4	436.5
U.S. Iron Ore [Member]
Inventory, Net [Abstract]
Finished Goods	160.4	147.2
Work-in Process	20.3	22.9
Total Inventory	180.7	170.1
Eastern Canadian Iron Ore [Member]
Inventory, Net [Abstract]
Finished Goods	54.2	62.6
Work-in Process	36.2	44.2
Total Inventory	90.4	106.8
Asia Pacific Iron Ore [Member]
Inventory, Net [Abstract]
Finished Goods	54.0	36.7
Work-in Process	34.7	37.2
Total Inventory	88.7	73.9
North American Coal [Member]
Inventory, Net [Abstract]
Finished Goods	55.6	36.7
Work-in Process	23.0	49.0
Total Inventory	$ 78.6	$ 85.7

- Definition

Carrying amount, net of reserves and adjustments, as of the balance sheet date of merchandise or goods which are partially completed. This inventory is generally comprised of raw materials, labor and factory overhead costs, which require further materials, labor and overhead to be converted into finished goods, and which generally require the use of estimates to determine percentage complete and pricing.

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