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LEASES: (Tables)
6 Months Ended
Jun. 30, 2021
LEASES:  
Schedule of the operating lease expense recognized

The operating lease expense recognized in the first six months of 2021 and 2020 was classified as follows (in millions):

Classification

    

2021

 

2020

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

 

$

57.2

$

57.5

Selling, general and administrative

 

0.1

 

0.1

Exploration

 

0.1

 

0.1

Total lease expense

 

$

57.4

$

57.7

Schedule of Maturities of lease liabilities

Lease liabilities

Year

    

(in millions)

2021

 

$

57.3

2022

 

113.7

2023

 

112.2

2024

 

104.8

2025

 

103.7

After 2025

 

723.0

Total lease payments

 

$

1,214.7

Less: interest on lease liabilities

 

(270.4)

Present value of lease payments

 

$

944.3