Quarterly report pursuant to Section 13 or 15(d)

ENVIRONMENTAL AND MINE CLOSURE OBLIGATIONS (Tables)

v3.19.2
ENVIRONMENTAL AND MINE CLOSURE OBLIGATIONS (Tables)
6 Months Ended
Jun. 30, 2019
Environmental Remediation Obligations [Abstract]  
Summary Of Mine Closure Obligations
The following is a summary of our environmental and mine closure obligations:
 
(In Millions)
 
June 30,
2019
 
December 31,
2018
Environmental
$
2.4

 
$
2.5

Mine closure1
177.1

 
172.4

Total environmental and mine closure obligations
179.5

 
174.9

Less current portion
2.8

 
2.9

Long-term environmental and mine closure obligations
$
176.7

 
$
172.0

 
 
 
 
1 Includes our active operating mines, our indefinitely idled Empire mine and a closed mine formerly operating as LTV Steel Mining Company.

Asset Retirement Obligation Disclosure
The following is a roll forward of our mine closure obligation liability:
 
(In Millions)
 
Six Months Ended June 30, 2019
 
Year Ended December 31 ,2018
Asset retirement obligation at beginning of period
$
172.4

 
$
168.4

Accretion expense
5.1

 
9.5

Remediation payments
(0.4
)
 
(1.0
)
Revision in estimated cash flows

 
(4.5
)
Asset retirement obligation at end of period
$
177.1

 
$
172.4