(Dollars in millions)

Quarter Ended
March 31

Quarter Ended
June 30

Quarter Ended
Sept. 30

Quarter Ended
Dec. 31

Year
Ended
Dec. 31

INCOME (LOSS) FROM OPERATIONS

Flat-rolled Products

$

(74

)

$

(26

)

$

61

$

8

$

(31

)

Tubular Products

3

6

4

(9

)

4

U. S. Steel Kosice

(1

)

26

40

45

110

Straightline

(8

)

(9

)

(11

)

(13

)

(41

)

Real Estate

10

12

15

20

57

Other Businesses

(11

)

23

26

—

38

Income (Loss) from Operations before special items

(81

)

32

135

51

137

Special Items:

Pension settlement loss

—

(10

)

—

(90

)

(100

)

Asset impairments—receivables

—

(14

)

—

—

(14

)

Costs related to Fairless shutdown

(1

)

—

—

—

(1

)

Federal excise tax refund

—

33

3

2

38

Insurance recoveries related to USS-POSCO fire

12

6

2

19

39

Gain on VSZ share sale

—

—

—

20

20

Reversal of litigation accrual

9

—

—

—

9

Total Income (Loss) from Operations

$

(61

)

$

47

$

140

$

2

$

128

CAPITAL EXPENDITURES

Flat-rolled Products

$

11

$

6

$

6

$

19

$

42

Tubular Products

5

10

13

24

52

U. S. Steel Kosice

17

17

11

52

97

Straightline

3

2

2

1

8

Real Estate

—

1

—

—

1

Other Businesses

20

12

14

12

58

Total

$

56

$

48

$

46

$

108

$

258

DEPRECIATION, DEPLETION AND AMORTIZATION

Flat-rolled Products

$

52

$

54

$

51

$

47

$

204

Tubular Products

3

2

3

2

10

U. S. Steel Kosice

9

10

10

12

41

Straightline

1

1

1

1

4

Real Estate

—

—

1

—

1

Other Businesses

23

22

23

22

90

Total Depreciation, Depletion and Amortization

$

88

$

89

$

89

$

84

$

350