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Quarterly report pursuant to Section 13 or 15(d)

ENVIRONMENTAL AND MINE CLOSURE OBLIGATIONS (Tables)

v3.19.1
ENVIRONMENTAL AND MINE CLOSURE OBLIGATIONS (Tables)
3 Months Ended
Mar. 31, 2019
Environmental Remediation Obligations [Abstract] Ìý
Summary Of Mine Closure Obligations
The following is a summary of our environmental and mine closure obligations:
Ìý
(In Millions)
Ìý
MarchÌý31,
2019
Ìý
DecemberÌý31,
2018
Environmental
$
2.4

Ìý
$
2.5

Mine closure1
174.9

Ìý
172.4

Total environmental and mine closure obligations
177.3

Ìý
174.9

Less current portion
2.9

Ìý
2.9

Long-term environmental and mine closure obligations
$
174.4

Ìý
$
172.0

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 three months ended March 31, 2019 and for the year ended December 31, 2018:
Ìý
(In Millions)
Ìý
MarchÌý31,
2019
Ìý
DecemberÌý31,
2018
Asset retirement obligation at beginning of period
$
172.4

Ìý
$
168.4

Accretion expense
2.6

Ìý
9.5

Remediation payments
(0.1
)
Ìý
(1.0
)
Revision in estimated cash flows
—

Ìý
(4.5
)
Asset retirement obligation at end of period
$
174.9

Ìý
$
172.4