EX-99.(A) 15 clf-2017123110xkex99a.htm EXHIBIT 99(A)
Exhibit 99(a)

Cleveland-Cliffs Inc. and Subsidiaries
Schedule II – Valuation and Qualifying Accounts
(Dollars in Millions)
|  |  | Additions |  |  |  |
| Balance at Beginning of Year |  | Charged to Cost and Expenses |  | Charged to Other Accounts |  |  |  |  |  | Balance at End of Year
Classification |  |  |  | Acquisition |  | Deductions |
Year Ended December 31, 2017: |  |  |  |  |  |  |  |  |  |  |
Deferred Tax Valuation Allowance | $ | 3,334.8 |  |  | $ | (1,104.3 | ) |  | $ | (9.8 | ) |  | $ | 17.8 |  |  | $ | — |  |  | $ | 2,238.5 |
Year Ended December 31, 2016: |  |  |  |  |  |  |  |  |  |  |
Deferred Tax Valuation Allowance | $ | 3,372.5 |  |  | $ | (40.6 | ) |  | $ | 5.1 |  |  | $ | — |  |  | $ | 2.2 |  |  | $ | 3,334.8 |
Accounts Receivable Allowance | $ | 7.1 |  |  | $ | — |  |  | $ | (7.1 | ) |  | $ | — |  |  | $ | — |  |  | $ | — |
Year Ended December 31, 2015: |  |  |  |  |  |  |  |  |  |  |
Deferred Tax Valuation Allowance | $ | 1,152.3 |  |  | $ | 54.3 |  |  | $ | 2,165.9 |  |  | $ | — |  |  | $ | — |  |  | $ | 3,372.5 |
Accounts Receivable Allowance | $ | — |  |  | $ | 7.1 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 7.1 |