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Quarterly report pursuant to Section 13 or 15(d)

ENVIRONMENTAL AND MINE CLOSURE OBLIGATIONS (Tables)

v3.10.0.1
ENVIRONMENTAL AND MINE CLOSURE OBLIGATIONS (Tables)
6 Months Ended
Jun. 30, 2018
Environmental Remediation Obligations [Abstract] Ìý
Summary Of Mine Closure Obligations
The following is a summary of the obligations:
Ìý
(In Millions)
Ìý
JuneÌý30,
2018
Ìý
DecemberÌý31,
2017
Environmental
$
3.2

Ìý
$
2.9

Mine closure1
172.8

Ìý
168.4

Total environmental and mine closure obligations
176.0

Ìý
171.3

Less current portion
3.7

Ìý
3.6

Long-term environmental and mine closure obligations
$
172.3

Ìý
$
167.7

Ìý
Ìý
Ìý
Ìý
1ÌýIncludes our active operating mines, our indefinitely idled Empire mine and a closed mine formerly operating as LTVSMC.
Asset Retirement Obligation Disclosure
The following represents a roll forward of our mine closure obligation liability for the six months ended JuneÌý30, 2018 and for the year ended DecemberÌý31, 2017:
Ìý
(In Millions)
Ìý
JuneÌý30,
2018
Ìý
DecemberÌý31,
2017
Mine closure obligation at beginning of period
$
168.4

Ìý
$
187.8

Accretion expense
4.7

Ìý
13.9

Remediation payments
(0.3
)
Ìý
(5.6
)
Revision in estimated cash flows
—

Ìý
(27.7
)
Mine closure obligation at end of period
$
172.8

Ìý
$
168.4