Statements Of Unaudited Condensed Consolidated Financial Position (USD $) In Millions	Sep. 30, 2011	Dec. 31, 2010
CURRENT ASSETS
Cash and cash equivalents	$ 545.1	$ 1,566.7
Accounts receivable	364.8	352.3
Accounts receivable from associated companies	69.0	6.8
Inventories	528.2	269.2
Supplies and other inventories	175.9	148.1
Derivative assets	73.6	82.6
Deferred and refundable taxes	4.2	43.2
Other current assets	144.0	114.8
TOTAL CURRENT ASSETS	1,904.8	2,583.7
PROPERTY, PLANT AND EQUIPMENT, NET	9,835.3	3,979.2
OTHER ASSETS
Investments in ventures	515.8	514.8
Goodwill	1,237.7	196.5	[1]
Intangible assets, net	149.3	175.8
Deferred income taxes	79.9	140.3
Other non-current assets	222.5	187.9
TOTAL OTHER ASSETS	2,205.2	1,215.3
TOTAL ASSETS	13,945.3	7,778.2
CURRENT LIABILITIES
Accounts payable	370.1	266.5
Accrued expenses	359.9	266.6
Deferred revenue	99.6	215.6
Taxes payable	221.8	142.3
Current portion of term loan	62.3
Other current liabilities	185.7	137.7
TOTAL CURRENT LIABILITIES	1,299.4	1,028.7
POSTEMPLOYMENT BENEFIT LIABILITIES	462.4	528.0
LONG-TERM DEBT	3,883.5	1,713.1
BELOW-MARKET SALES CONTRACTS	128.4	164.4
ENVIRONMENTAL AND MINE CLOSURE OBLIGATIONS	210.5	184.9
DEFERRED INCOME TAXES	835.7	63.7
OTHER LIABILITIES	273.6	256.7
TOTAL LIABILITIES	7,093.5	3,939.5
COMMITMENTS AND CONTINGENCIES
CLIFFS SHAREHOLDERS' EQUITY
Common Shares - par value $0.125 per share Authorized - 400,000,000 shares (2010 - 224,000,000 shares); Issued - 149,195,469 shares (2010 - 138,845,469 shares); Outstanding - 143,009,708 shares (2010 - 135,456,999 shares)	18.6	17.3
Capital in excess of par value of shares	1,766.1	896.3
Retained Earnings	4,266.2	2,924.1
Cost of 6,185,761 common shares in treasury (2010 - 3,388,470 shares)	(268.2)	(37.7)
Accumulated other comprehensive income (loss)	(59.3)	45.9
TOTAL CLIFFS SHAREHOLDERS' EQUITY	5,723.4	3,845.9
NONCONTROLLING INTEREST	1,128.4	(7.2)
TOTAL EQUITY	6,851.8	3,838.7
TOTAL LIABILITIES AND EQUITY	$ 13,945.3	$ 7,778.2

[1] Represents a 12-month rollforward of our goodwill by reportable unit at December 31, 2010.