Quarterly report pursuant to Section 13 or 15(d)

GOODWILL AND OTHER INTANGIBLE ASSETS AND LIABILITIES

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GOODWILL AND OTHER INTANGIBLE ASSETS AND LIABILITIES
6 Months Ended
Jun. 30, 2018
Goodwill and Intangible Assets Disclosure [Abstract]  
GOODWILL AND OTHER INTANGIBLE ASSETS AND LIABILITIES
NOTE 14 - GOODWILL AND OTHER INTANGIBLE ASSETS
Goodwill
The carrying amount of goodwill as of June 30, 2018 and December 31, 2017 was $2.0 million and related to our U.S. Iron Ore operating segment.
Other Intangible Assets
The following table is a summary of definite-lived intangible assets:
 
 
 
(In Millions)
 
 
 
June 30, 2018
 
December 31, 2017
 
Classification
 
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Net
Carrying
Amount
 
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Net
Carrying
Amount
Permits
Other non-current assets
 
$
72.2

 
$
(22.9
)
 
$
49.3

 
$
72.2

 
$
(22.5
)
 
$
49.7


Amortization expense relating to other intangible assets was $0.2 million and $0.4 million for the three and six months ended June 30, 2018, respectively, and is recognized in Cost of goods sold and operating expenses in the Statements of Unaudited Condensed Consolidated Operations. Amortization expense relating to other intangible assets was $0.2 million and $0.4 million for the comparable periods in 2017. Amortization expense of other intangible assets is expected to continue to be immaterial going forward.