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ASSET RETIREMENT OBLIGATION: (Tables)
9 Months Ended
Sep. 30, 2019
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, 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

 

(0.8)

 

Accretion expense

 

9.5

 

8.9

Balance as of September 30, 

$

251.6

$

215.8