Quarterly report pursuant to Section 13 or 15(d)

RELATED PARTIES (Tables)

betfred sportsbook review|Welcome_Statements Of Condensed v3.7.0.1
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6 Months Ended
Jun. 30, 2017
Related Party Transactions [Abstract]  
Summary Of Other Ownership Interests
The following is a summary of the mine ownership of these iron ore mines at June 30, 2017:
Mine
 
Cliffs Natural Resources
 
ArcelorMittal
 
U.S. Steel Corporation
Empire
 
79.0
%
 
21.0
%
 

Tilden
 
85.0
%
 

 
15.0
%
Hibbing
 
23.0
%
 
62.3
%
 
14.7
%
Summary Of Related Party Transactions Table Disclosure
Product revenues from related parties were as follows:
 
(In Millions)
 
Three Months Ended
June 30,
 
Six Months Ended
June 30,
 
2017
 
2016
 
2017
 
2016
Product revenues from related parties
$
227.5

 
$
241.6

 
$
336.9

 
$
345.0

Total product revenues
512.0

 
452.8

 
924.8

 
728.4

Related party product revenue as a percent of total product revenue
44.4
%
 
53.4
%
 
36.4
%
 
47.4
%
Summary of Balance Sheet Presentation [Table Text Block]
betfred sportsbookThe following table presents the classification of related party assets and liabilities in the Statements of Unaudited Condensed Consolidated Financial Position as of June 30, 2017 and December 31, 2016:
 
(In Millions)
 
Balance Sheet
Location
 
June 30, 2017
 
December 31, 2016
Amounts due from related parties
Accounts receivable, net
 
$
18.8

 
$
46.9

Customer supply agreements and provisional pricing agreements
Other current assets
 
68.0

 
26.8

Amounts due to related parties
Other current liabilities
 
15.9

 
8.7