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

Quarterly report pursuant to Section 13 or 15(d)

SEGMENT REPORTING (Tables)

SEGMENT REPORTING (Tables)

3 Months Ended

Mar. 31, 2014

Schedule Of Segment Reporting Information, By Segment

The following table presents a summary of our reportable segments for the three months ended March 31, 2014 and 2013, including a reconciliation of segment sales margin to Income (Loss) from Continuing Operations Before Income Taxes and Equity Loss from Ventures:



	(In Millions)
	Three Months Ended March 31,
	2014					2013
Revenues from product sales and services:
U.S. Iron Ore	$	361.3		38	%	$	410.1		36	%
Eastern Canadian Iron Ore	158.3			17	%	245.3			22	%
Asia Pacific Iron Ore	254.2			27	%	270.8			24	%
North American Coal	166.2			18	%	214.3			18	%
Total revenues from product sales and services	$	940.0		100	%	$	1,140.5		100	%

Sales margin:
U.S. Iron Ore	$	95.0				$	157.3
Eastern Canadian Iron Ore	(49.7		)			19.4
Asia Pacific Iron Ore	66.3					61.3
North American Coal	(48.4		)			1.8
Other	—					(1.9		)
Sales margin	63.2					237.9
Other operating expense	(113.9		)			(69.6		)
Other expense	(41.5		)			(48.0		)
Income (loss) from continuing operations before income taxes and equity loss from ventures	$	(92.2	)			$	120.3

Depreciation, depletion and amortization:
U.S. Iron Ore	$	28.7				$	26.6
Eastern Canadian Iron Ore	41.2					41.1
Asia Pacific Iron Ore	39.1					36.4
North American Coal	29.9					32.5
Other	2.2					4.0
Total depreciation, depletion and amortization	$	141.1				$	140.6

Capital additions¹:
U.S. Iron Ore	$	14.9				$	11.7
Eastern Canadian Iron Ore	51.0					167.0
Asia Pacific Iron Ore	3.2					4.3
North American Coal	9.2					11.1
Other	0.9					1.6
Total capital additions	$	79.2				$	195.7

¹ Includes capital lease additions and non-cash accruals. Refer to NOTE 19 - CASH FLOW INFORMATION.

Summary of Assets by Segment

A summary of assets by segment is as follows:



	(In Millions)
	March 31, 2014		December 31, 2013
Assets:
U.S. Iron Ore	$	1,742.9	$	1,671.6
Eastern Canadian Iron Ore	7,854.2		7,915.5
Asia Pacific Iron Ore	1,074.9		1,078.4
North American Coal	1,784.4		1,841.8
Other	467.5		455.6
Total segment assets	12,923.9		12,962.9
Corporate	278.9		159.0
Total assets	$	13,202.8	$	13,121.9

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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