Shareholders Equity

3 Months Ended

Mar. 31, 2012

Statement of Stockholders' Equity [Abstract]

Stockholders Equity

NOTE 16 – SHAREHOLDERS' EQUITY

The following table reflects the changes in shareholders' equity attributable to both Cliffs and the noncontrolling interests primarily related to Bloom Lake, Tilden and Empire of which Cliffs owns 75 percent, 85 percent and 79 percent, respectively, for the three months ended March 31, 2012 and March 31, 2011:

	(In Millions)
	Cliffs Shareholders' Equity			Non- Controlling Interest			Total Equity
December 31, 2011	$	5,785.0		$	1,254.7		$	7,039.7
Comprehensive income
Net income		375.8			15.6			391.4
Other comprehensive income		21.7			1.5			23.2
Total comprehensive income		397.5			17.1			414.6
Stock and other incentive plans		(2.8	)		-			(2.8	)
Common stock dividends		(39.7	)		-			(39.7	)
Undistributed gains to noncontrolling interest		-			7.8			7.8
Capital contribution by noncontrolling interest to subsidiary		-			22.3			22.3
Acquisition of controlling interest		-			(8.0	)		(8.0	)
March 31, 2012	$	6,140.0		$	1,293.9		$	7,433.9

	(In Millions)
	Cliffs Shareholders' Equity			Non- Controlling Interest			Total Equity
December 31, 2010	$	3,845.9		$	(7.2	)	$	3,838.7
Comprehensive income
Net income		423.4			(0.1	)		423.3
Other comprehensive income		24.1			0.5			24.6
Total comprehensive income		447.5			0.4			447.9
Purchase of additional noncontrolling interest		(0.1	)		-			(0.1	)
Stock and other incentive plans		(1.3	)		-			(1.3	)
Common stock dividends		(19.0	)		-			(19.0	)
Purchase of subsidiary shares from noncontrolling interest		-			7.5			7.5
Undistributed gains to noncontrolling interest		-			0.2			0.2
March 31, 2011	$	4,273.0		$	0.9		$	4,273.9