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ASSET RETIREMENT OBLIGATION: (Tables)
12 Months Ended
Dec. 31, 2018
ASSET RETIREMENT OBLIGATION:  
Summary of asset retirement obligation activity

The following table summarizes the asset retirement obligation activity for years ended December 31, 2018 and 2017 (in millions):

 

 

 

 

 

 

 

 

 

    

2018

    

2017

Balance as of January 1

 

$

222.5

 

$

216.5

Changes in estimates

 

 

(15.6)

 

 

(11.6)

Additions

 

 

 —

 

 

 —

Closure payments

 

 

(0.6)

 

 

(0.3)

Accretion expense

 

 

11.4

 

 

17.9

Balance as of December 31,

 

$

217.7

 

$

222.5