Annual report pursuant to Section 13 and 15(d)

SEGMENT REPORTING (Tables)

v2.4.0.6
SEGMENT REPORTING (Tables)
12 Months Ended
Dec. 31, 2012
Segment Reporting [Abstract]  
Schedule Of Segment Reporting Information, By Segment
The following table presents a summary of our reportable segments for the years ended December 31, 2012, 2011, and 2010, including a reconciliation of segment sales margin to Income (Loss) from Continuing Operations Before Income Taxes and Equity Income (Loss) from Ventures:
 
(In Millions)
 
2012
 
2011
 
2010
Revenues from product sales and services:
 
 
 
 
 
 
 
 
 
 
 
U.S. Iron Ore
$
2,723.3

 
46
%
 
$
3,509.9

 
53
%
 
$
2,443.7

 
54
%
Eastern Canadian Iron Ore
1,008.9

 
17
%
 
1,178.1

 
18
%
 
477.7

 
11
%
Asia Pacific Iron Ore
1,259.3

 
22
%
 
1,363.5

 
21
%
 
1,123.9

 
25
%
North American Coal
881.1

 
15
%
 
512.1

 
8
%
 
438.2

 
10
%
Other
0.1

 
%
 
0.3

 
%
 
0.3

 
%
Total revenues from product sales and services
$
5,872.7

 
100
%
 
$
6,563.9

 
100
%
 
$
4,483.8

 
100
%
 
 
 
 
 
 
 
 
 
 
 
 
Sales margin:
 
 
 
 
 
 
 
 
 
 
 
U.S. Iron Ore
$
976.2

 
 
 
$
1,679.3

 
 
 
788.4

 
 
Eastern Canadian Iron Ore
(121.4
)
 
 
 
290.9

 
 
 
133.6

 
 
Asia Pacific Iron Ore
311.0

 
 
 
699.5

 
 
 
566.2

 
 
North American Coal
(1.8
)
 
 
 
(58.4
)
 
 
 
(28.6
)
 
 
Other
8.1

 
 
 
(0.4
)
 
 
 
(0.9
)
 
 
Sales margin
1,172.1

 
 
 
2,610.9

 
 
 
1,458.7

 
 
Other operating expense
(1,480.9
)
 
 
 
(314.1
)
 
 
 
(225.9
)
 
 
Other income (expense)
(193.0
)
 
 
 
(106.3
)
 
 
 
33.6

 
 
Income (loss) from continuing operations before income taxes and equity income (loss) from ventures
$
(501.8
)
 
 
 
$
2,190.5

 
 
 
1,266.4

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Depreciation, depletion and amortization:
 
 
 
 
 
 
 
 
 
 
 
U.S. Iron Ore
$
100.9

 
 
 
$
86.2

 
 
 
61.7

 
 
Eastern Canadian Iron Ore
160.2

 
 
 
124.6

 
 
 
41.9

 
 
Asia Pacific Iron Ore
151.9

 
 
 
100.9

 
 
 
133.9

 
 
North American Coal
98.2

 
 
 
86.5

 
 
 
60.4

 
 
Other
14.6

 
 
 
28.7

 
 
 
24.4

 
 
Total depreciation, depletion and amortization
$
525.8

 
 
 
$
426.9

 
 
 
322.3

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Capital additions (1):
 
 
 
 
 
 
 
 
 
 
 
U.S. Iron Ore
$
168.8

 
 
 
$
191.4

 
 
 
84.7

 
 
Eastern Canadian Iron Ore
865.2

 
 
 
303.1

 
 
 
18.8

 
 
Asia Pacific Iron Ore
87.7

 
 
 
262.0

 
 
 
53.6

 
 
North American Coal
144.1

 
 
 
181.0

 
 
 
89.5

 
 
Other
69.5

 
 
 
23.4

 
 
 
29.2

 
 
Total capital additions
$
1,335.3

 
 
 
$
960.9

 
 
 
275.8

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Assets:
 
 
 
 
 
 
 
 
 
 
 
U.S. Iron Ore
1,735.1

 
 
 
1,691.8

 
 
 
1,537.1

 
 
Eastern Canadian Iron Ore
7,605.1

 
 
 
7,973.1

 
 
 
629.6

 
 
Asia Pacific Iron Ore
1,506.3

 
 
 
1,511.2

 
 
 
1,195.3

 
 
North American Coal
1,877.8

 
 
 
1,814.4

 
 
 
1,623.8

 
 
Other
570.9

 
 
 
1,017.6

 
 
 
1,257.8

 
 
Total segment assets
13,295.2

 
 
 
14,008.1

 
 
 
6,243.6

 
 
Corporate
279.7

 
 
 
533.6

 
 
 
1,534.6

 
 
Total assets
13,574.9

 
 
 
14,541.7

 
 
 
7,778.2

 
 
                                         
(1)    Includes capital lease additions and non-cash accruals. Refer to NOTE 21 - CASH FLOW INFORMATION
Schedule of Revenue and Long-Lived Assets, by Geographic Location
Included in the consolidated financial statements are the following amounts relating to geographic location:
 
(In Millions)
 
2012
 
2011
 
2010
Revenue
 
 
 
 
 
United States
$
2,108.5

 
$
2,774.1

 
$
1,966.3

China
2,008.2

 
2,114.5

 
1,212.6

Canada
728.1

 
914.3

 
696.5

Other countries
1,027.9

 
761.0

 
608.4

Total revenue
5,872.7

 
6,563.9

 
4,483.8

Property, Plant and Equipment, Net
 
 
 
 
 
United States
$
2,795.3

 
$
2,684.9

 
$
2,498.8

Australia
1,042.4

 
1,017.8

 
973.7

Canada
7,369.6

 
6,701.4

 
506.7

Total Property, Plant and Equipment, Net
11,207.3

 
10,404.1

 
3,979.2

Schedule of Concentrations in Revenue
The following table represents the percentage of our total revenue contributed by each category of products and services in 2012, 2011, and 2010:
 
 
2012
 
2011
 
2010
Revenue Category
 
 
 
 
 
 
Iron ore
 
81
%
 
88
%
 
84
%
Coal
 
13
%
 
8
%
 
9
%
Freight and venture partners’ cost reimbursements
 
6
%
 
4
%
 
7
%
Total revenue
 
100
%
 
100
%
 
100
%