日韩三级片

Annual report pursuant to Section 13 and 15(d)

BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES (Tables)

v3.3.1.900
BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES (Tables)
12 Months Ended
Dec. 31, 2015
Estimated Useful Lives Of Intangible Assets Subject To Periodic Amortization On Straight Line Basis Table [Text Block]
Other intangible assets are subject to periodic amortization on a straight-line basis over their estimated useful lives as follows:
Intangible Assets
Basis
Useful Life (years)
Permits - Asia Pacific Iron Ore
Units of production
Life of mine
Permits - USIO
Straight line
28
Schedule Of Subsidiaries
The consolidated financial statements include our accounts and the accounts of our wholly owned and majority-owned subsidiaries, including the following operations at December 31, 2015:
Name
Location
Ownership Interest
Operation
Status of 日韩三级片
Northshore
Minnesota
100.0%
Iron Ore
Active
United Taconite
Minnesota
100.0%
Iron Ore
Active
Tilden
Michigan
85.0%
Iron Ore
Active
Empire
Michigan
79.0%
Iron Ore
Active
Koolyanobbing
Western Australia
100.0%
Iron Ore
Active
Depreciation Disclosure [Table Text Block]
Depreciation is provided over the following estimated useful lives:
Asset Class
Basis
Life
Buildings
Straight line
45 Years
Mining equipment
Straight line/Double declining balance
3听to听20听Years
Processing equipment
Straight line
10 to 45 Years
Electric power facilities
Straight line
10 to 45 years
Land improvements
Straight line
20 to 45 years
Office and information technology
Straight line
3 to 15 Years
Schedule of Equity Method Investments
The following table presents the detail of our investments in unconsolidated ventures and where those investments are classified in the Statements of Consolidated Financial Position as of December听31, 2015 and December听31, 2014. Parentheses indicate a net liability.
(In Millions)
Investment
Classification
Accounting
Method
Ownership Interest
December听31,
2015
December听31, 2014
Hibbing
Other liabilities (1)
Equity Method
23%
$
(2.4
)
$
3.1

Other (2)
Other non-current assets
Equity Method
Various
鈥�

1.0

$
(2.4
)
$
4.1

听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听
(1)听听听听At December 31, 2014, the classification for Hibbing was Other non-current assets.
(2)听听听听At December 31, 2015, no Other equity method investments remain.
Reimbursements Revenue Disclosure [Table Text Block]
The following table is a summary of reimbursements in our U.S. Iron Ore operations for the years ended December听31, 2015, 2014 and 2013:
(In Millions)
Year Ended December 31,
2015
2014
2013
Reimbursements for:
Freight
$
105.3

$
163.0

$
177.3

Venture partners鈥� cost
52.0

108.0

82.2

Total reimbursements
$
157.3

$
271.0

$
259.5