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LEASES: (Tables)
6 Months Ended
Jun. 30, 2019
LEASES:  
Schedule of the operating lease expense recognized

The operating lease expense recognized in the six months ended June 30, 2019 was classified as follows (in millions):

Classification

    

2019

Cost of sales (exclusive of depreciation, amortization and depletion)

 

$

57.6

Selling, general and administrative

 

0.1

Exploration

 

0.1

Total lease expense

 

$

57.8

Schedule of Maturities of lease liabilities

Lease liabilities

Year

    

(in millions)

2019

 

$

57.8

2020

 

115.4

2021

 

115.3

2022

 

112.1

2023

 

111.1

After 2023

 

929.1

Total lease payments

 

$

1,440.8

Less: interest on lease liabilities

 

(364.5)

Present value of lease payments

 

$

1,076.3