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RELATED PARTIES (Tables)
9 Months Ended
Sep. 30, 2020
Schedule of Equity Method Investments [Line Items]  
Equity Method Investments Investees and equity ownership percentages are presented below:
InvesteeSegment Reported WithinEquity Ownership Percentage
Combined Metals of Chicago, LLCSteel and Manufacturing40.0%
Hibbing Taconite CompanyMining and Pelletizing23.0%
Spartan Steel Coating, LLCSteel and Manufacturing48.0%
Summary Of Related Party Transactions Table Disclosure The tables below summarize our material related party transactions:
    Revenues from related parties were as follows:
(Dollars In Millions)
Three Months Ended
September 30,
Nine Months Ended
September 30,
2020201920202019
Revenue from related parties$294.9 $293.5 $587.5 $792.8 
Revenues1
$1,646.0 $555.6 $3,097.8 $1,455.8 
Related party revenues as a percent of Revenues1
17.9 %52.8 %19.0 %54.5 %
Purchases from related parties$8.2 $— $20.4 $— 
1 Includes Realization of deferred revenue of $34.6 million for the nine months ended September 30, 2020.
    The following table presents the classification of related party assets and liabilities in the Statements of Unaudited Condensed Consolidated Financial Position:
(In Millions)
Balance Sheet LocationSeptember 30,
2020
December 31,
2019
Accounts receivable, net$91.6 $31.1 
Other current assets58.5 44.5 
Accounts payable(1.2)— 
Other current liabilities(1.7)(2.0)
Hibbing Taconite Company [Member]  
Schedule of Equity Method Investments [Line Items]  
Equity Method Investments Hibbing is a co-owned joint venture with companies that are integrated steel producers or their subsidiaries. The following is a summary of the mine ownership of the co-owned iron ore mine at September 30, 2020:
MineCleveland-Cliffs Inc.ArcelorMittal USAU.S. Steel
Hibbing23.0%62.3%14.7%