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ASSET RETIREMENT OBLIGATION: (Tables)
6 Months Ended
Jun. 30, 2019
Summary of asset retirement obligation activity

The following table summarizes the asset retirement obligation activity for the six months ended June 30, 2019 and 2018 (in millions):

    

2019

    

2018

Balance as of January 1,

$

217.7

$

222.5

Changes in estimates

 

25.2

 

(15.6)

Closure payments

 

(0.4)

 

Accretion expense

 

6.2

 

6.2

Balance as of June 30, 

$

248.7

$

213.1