Significant Equity Investments

6 Months Ended

Jun. 30, 2013

Equity Method Investments and Joint Ventures [Abstract]

Summarized unaudited income statement information for our significant equity investments for the six months ended June 30, 2013 and 2012 is reported below (amounts represent 100% of investee financial information):



(In millions)	2013		2012
Net sales	$	1,236	$	1,305
Cost of sales	937		915
Operating income	268		337
Net income	257		333
Net income attributable to significant equity investments	257		333

U. S. Steel’s portion of the equity in net income of the significant equity investments above was $23 million and $73 million for the six months ended June 30, 2013 and 2012, respectively, which is included in the income from investees line on the Consolidated Statement of Operations.

- Definition

The entire disclosure for equity method investments and joint ventures. Equity method investments are investments that give the investor the ability to exercise significant influence over the operating and financial policies of an investee. Joint ventures are entities owned and operated by a small group of businesses as a separate and specific business or project for the mutual benefit of the members of the group.

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