Exhibit 99(a)
CLEVELAND-CLIFFS INC AND CONSOLIDATED SUBSIDIARIES
Schedule II - Valuation and Qualifying Accounts
(Dollars in Millions)
Additions
----------------------
Charged
Balance at to Cost Charged Balance at
Beginning and to Other End
Classification Of Year Expenses Accounts Deductions Of Year
-------------- --------- -------- -------- ---------- ----------
Year Ended December 31, 1994:
Reserve for Capacity
Rationalization $30.5 $ -- $6.9 $3.1 $34.3
Allowance for Doubtful
Accounts 19.5 -- -- -- 19.5
Other 13.7 .4 5.8 1.3 18.6
Year Ended December 31, 1993:
Reserve for Capacity
Rationalization $36.1 $ -- $1.3 $6.9 $30.5
Allowance for Doubtful
Accounts 20.8 -- -- 1.3 19.5
Other 8.3 -- 5.4 -- 13.7
Year Ended December 31, 1992:
Reserve for Capacity
Rationalization $35.6 $ -- $4.9 $4.4 $36.1
Allowance for Doubtful
Accounts 3.1 17.5 0.2 -- 20.8
Other 12.0 3.5 -- 7.2 8.3
Additions charged to other accounts in 1994, 1993 and 1992 were charged to
revenues.
Deductions to the reserve for capacity rationalization represent charges
associated with idle expense in 1994, 1993 and 1992.
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