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ASSET RETIREMENT OBLIGATION: (Tables)
6 Months Ended
Jun. 30, 2016
ASSET RETIREMENT OBLIGATION:  
Summary of asset retirement obligation activity

The following table summarizes the asset retirement obligation activity for the six months ended June 30, 2016 and 2015 ($ in millions):

 

 

 

2016

 

2015

 

Balance as of January 1

 

$

190.9

 

$

116.1

 

Changes in estimates

 

 

 

Payments

 

(1.4

)

(8.2

)

Accretion expense

 

13.9

 

5.2

 

 

 

 

 

 

 

Balance as of June 30

 

$

203.4

 

$

113.1