Quarterly report pursuant to Section 13 or 15(d)

Environmental And Mine Closure Obligations (Tables)

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6 Months Ended
Jun. 30, 2012
Summary Of Mine Closure Obligations
     (In Millions)  
     June 30,
2012
     December 31,
2011
 

Environmental

     $ 14.5         $     15.5     

Mine closure

     

LTVSMC

     16.9           16.5     

Operating mines:

     

U.S Iron Ore

     77.9           74.3     

Eastern Canadian Iron Ore

     71.5           68.0     

North American Coal

     37.5           36.3     

Asia Pacific Iron Ore

     16.8           16.3     

Other

     9.0           8.8     
  

 

 

    

 

 

 

Total mine closure

     229.6           220.2     
  

 

 

    

 

 

 

Total environmental and mine closure obligations

     244.1           235.7     

Less current portion

     12.7           13.7     
  

 

 

    

 

 

 

Long term environmental and mine closure obligations

   $     231.4         $ 222.0     
  

 

 

    

 

 

 
Asset betfred sportsbookRetirement Obligation Disclosure
     (In Millions)  
     June 30,
2012
     December 31,
2011(1)
 

Asset betfred sportsbookRetirement Obligation at beginning of period

   $ 203.7       $ 168.3   

Accretion expense

     8.9         16.1   

Exchange rate changes

     0.1         0.1   

Revision in estimated cash flows

     -           5.9   

Payments

     -           (0.7 )   

Acquired through business combinations

     -           14.0   
  

 

 

    

 

 

 

Asset betfred sportsbookRetirement Obligation at end of period

   $ 212.7       $ 203.7   
  

 

 

    

 

 

 

 

(1)

betfred sportsbookRepresents a 12-month rollforward of our asset retirement obligation at December 31, 2011.