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LEASES: (Tables)
12 Months Ended
Dec. 31, 2023
LEASES:  
Schedule of the operating lease expense recognized

The operating lease expense recognized in the years ended December 31, 2023, 2022 and 2021 was classified as follows (in millions):

Classification

    

2023

 

2022

2021

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

 

$

115.4

$

115.5

$

108.1

Selling, general and administrative

 

0.1

 

0.1

 

0.1

Exploration

 

0.1

 

0.1

 

0.2

Total lease expense

 

$

115.6

$

115.7

$

108.4

Schedule of Maturities of lease liabilities

Lease liabilities

Year

    

(in millions)

2024

 

$

112.7

2025

 

105.6

2026

 

105.4

2027

 

105.1

2028

 

104.7

After 2028

 

416.4

Total lease payments

 

$

949.9

Less: interest on lease liabilities

 

(174.5)

Present value of lease payments

 

$

775.4