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

  

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

 

 

 

2016

 

2015

 

Balance as of January 1

 

$

190.9

 

$

116.1

 

Changes in estimates

 

 

 

Payments

 

(1.7

)

(15.3

)

Accretion expense

 

21.2

 

13.1

 

 

 

 

 

 

 

Balance as of September 30,

 

$

210.4

 

$

113.9