Annual report pursuant to Section 13 and 15(d)

ENVIRONMENTAL AND MINE CLOSURE OBLIGATIONS (Tables)

v3.10.0.1
ENVIRONMENTAL AND MINE CLOSURE OBLIGATIONS (Tables)
12 Months Ended
Dec. 31, 2018
Environmental Remediation Obligations [Abstract]  
Schedule of Environmental Loss Contingencies and Asset Retirement Obligations [Table Text Block]
The following is a summary of our environmental and mine closure obligations:
 
(In Millions)
 
December 31,
 
2018
 
2017
Environmental
$
2.5

 
$
2.9

Mine closure1
172.4

 
168.4

Total environmental and mine closure obligations
174.9

 
171.3

Less current portion
2.9

 
3.6

Long-term environmental and mine closure obligations
$
172.0

 
$
167.7

 
 
 
 
1 Includes our active operating mines, our indefinitely idled Empire mine and a closed mine formerly operating as LTVSMC.
Asset Retirement Obligations
The following represents a roll forward of our asset retirement obligation liability for the years ended:
 
(In Millions)
 
December 31,
 
2018
 
2017
Asset retirement obligation at beginning of year
$
168.4

 
$
187.8

Accretion expense
9.5

 
13.9

Remediation payments
(1.0
)
 
(5.6
)
Revision in estimated cash flows
(4.5
)
 
(27.7
)
Asset retirement obligation at end of year
$
172.4

 
$
168.4