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Quarterly report pursuant to Section 13 or 15(d)

BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES (Tables)

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BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES (Tables)
9 Months Ended
Sep. 30, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Schedule Of Subsidiaries
The unaudited condensed consolidated financial statements include our accounts and the accounts of our wholly-owned and majority-owned subsidiaries, including the following operations as of September听30, 2015:
Name
Location
Ownership Interest
Operation
Status of Operations
Northshore
Minnesota
100.0%
Iron Ore
Active
United Taconite
Minnesota
100.0%
Iron Ore
Active
Tilden
Michigan
85.0%
Iron Ore
Active
Empire
Michigan
79.0%
Iron Ore
Active
Koolyanobbing
Western Australia
100.0%
Iron Ore
Active
Pinnacle
West Virginia
100.0%
Coal
Active - Held for Sale
Oak Grove
Alabama
100.0%
Coal
Active - Held for Sale
Wabush1
Newfoundland and Labrador/ Quebec, Canada
100.0%
Iron Ore
Permanent closure
Bloom Lake1
Quebec, Canada
82.8%
Iron Ore
Care-and-maintenance
1听As of January 27, 2015 and May 20, 2015, we deconsolidated substantially all of our Canadian operations following the CCAA filing. See NOTE 14 - DISCONTINUED OPERATIONS for further information.
Schedule of Equity Method Investments
The following table presents the detail of our investments in unconsolidated ventures and where those investments are classified in the Statements of Unaudited Condensed Consolidated Financial Position as of September听30, 2015 and December听31, 2014.
(In Millions)
Investment
Classification
Accounting
Method
Interest
Percentage
September听30,
2015
December听31,
2014
Hibbing
Other non-current assets
Equity Method
23%
$
2.1

$
3.1

Other
Other non-current assets
Equity Method
Various
1.1

1.0

$
3.2

$
4.1