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FAIR VALUE MEASUREMENTS (Tables)

12 Months Ended

Dec. 31, 2021

Fair Value Measurement [Abstract]

Fair value measurement of assets

The Company’s fair values of financial assets and liabilities were as follows:

			December 31, 2021
			Carrying Amount			Level 1			Level 2			Level 3			Total Fair Value
Assets
Cash and cash equivalents			$	544.9		$	544.9		$	—		$	—		$	544.9
Short-term investments			7.6			7.6			—			—			7.6
Restricted cash			42.2			42.2			—			—			42.2
Marketable securities and warrants			40.4			40.0			—			0.4			40.4
Bond fund investments			4.7			4.7			—			—			4.7
Deferred consideration from the sale of Sadiola			18.9			—			—			18.9			18.9
Derivatives
Currency contracts			24.5			—			24.5			—			24.5
Crude oil contracts			38.5			—			38.5			—			38.5
Gold bullion contracts			1.7			—			1.7			—			1.7
Extendible forward arrangement1			3.7			—			3.7			—			3.7
Embedded derivative - prepayment options on Notes			1.5			—			1.5			—			1.5
			$	728.6		$	639.4		$	69.9		$	19.3		$	728.6
Liabilities
Derivatives
Gold bullion contracts			$	(0.7)		$	—		$	(0.7)		$	—		$	(0.7)
TARF			(3.0)			—			(3.0)			—			(3.0)
Embedded derivative - Rosebel power purchase agreement			(29.2)			—			(29.2)			—			(29.2)
Long-term debt - Notes2			(453.5)			(446.0)			—			—			(446.0)
Long-term debt - equipment loans3			(18.9)			—			(19.1)			—			(19.1)
			$	(505.3)		$	(446.0)		$	(52.0)		$	—		$	(498.0)

1.The carrying amount excludes unamortized deferred gains of $1.9 million.

2.The carrying amount excludes unamortized deferred transaction costs of $6.3 million and the embedded derivative.

3.The carrying amount excludes unamortized deferred transaction costs of $0.2 million.

			December 31, 2020
			Carrying Amount			Level 1			Level 2			Level 3			Total Fair Value
Assets
Cash and cash equivalents			$	941.5		$	941.5		$	—		$	—		$	941.5
Short-term investments			6.0			6.0			—			—			6.0
Restricted cash			38.6			38.6			—			—			38.6
Marketable securities and warrants			16.4			16.0			—			0.4			16.4
Bond fund investments			6.2			6.2			—			—			6.2
Deferred consideration from the sale of Sadiola			14.3			—			—			14.3			14.3
Derivatives
Currency contracts			35.1			—			35.1			—			35.1
Crude oil contracts			3.5			—			3.5			—			3.5
Gold bullion contracts			8.1			—			8.1			—			8.1
Embedded derivative - prepayment options on Notes			8.4			—			8.4			—			8.4
			$	1,078.1		$	1,008.3		$	55.1		$	14.7		$	1,078.1
Liabilities
Derivatives
Crude oil contracts			$	(12.0)		$	—		$	(12.0)		$	—		$	(12.0)
Embedded derivative - Rosebel power purchase agreement			(23.3)			—			(23.3)			—			(23.3)
Long-term debt - Notes1			(454.2)			(460.4)			—			—			(460.4)
Long-term debt - equipment loan2			(28.2)			—			(28.9)			—			(28.9)
			$	(517.7)		$	(460.4)		$	(64.2)		$	—		$	(524.6)

1.The carrying amount excludes unamortized deferred transaction costs of $7.2 million and the embedded derivative.

2.The carrying amount excludes unamortized deferred transaction costs of $0.2 million.

Fair value measurement of liabilities

The Company’s fair values of financial assets and liabilities were as follows:

			December 31, 2021
			Carrying Amount			Level 1			Level 2			Level 3			Total Fair Value
Assets
Cash and cash equivalents			$	544.9		$	544.9		$	—		$	—		$	544.9
Short-term investments			7.6			7.6			—			—			7.6
Restricted cash			42.2			42.2			—			—			42.2
Marketable securities and warrants			40.4			40.0			—			0.4			40.4
Bond fund investments			4.7			4.7			—			—			4.7
Deferred consideration from the sale of Sadiola			18.9			—			—			18.9			18.9
Derivatives
Currency contracts			24.5			—			24.5			—			24.5
Crude oil contracts			38.5			—			38.5			—			38.5
Gold bullion contracts			1.7			—			1.7			—			1.7
Extendible forward arrangement1			3.7			—			3.7			—			3.7
Embedded derivative - prepayment options on Notes			1.5			—			1.5			—			1.5
			$	728.6		$	639.4		$	69.9		$	19.3		$	728.6
Liabilities
Derivatives
Gold bullion contracts			$	(0.7)		$	—		$	(0.7)		$	—		$	(0.7)
TARF			(3.0)			—			(3.0)			—			(3.0)
Embedded derivative - Rosebel power purchase agreement			(29.2)			—			(29.2)			—			(29.2)
Long-term debt - Notes2			(453.5)			(446.0)			—			—			(446.0)
Long-term debt - equipment loans3			(18.9)			—			(19.1)			—			(19.1)
			$	(505.3)		$	(446.0)		$	(52.0)		$	—		$	(498.0)

1.The carrying amount excludes unamortized deferred gains of $1.9 million.

2.The carrying amount excludes unamortized deferred transaction costs of $6.3 million and the embedded derivative.

3.The carrying amount excludes unamortized deferred transaction costs of $0.2 million.

			December 31, 2020
			Carrying Amount			Level 1			Level 2			Level 3			Total Fair Value
Assets
Cash and cash equivalents			$	941.5		$	941.5		$	—		$	—		$	941.5
Short-term investments			6.0			6.0			—			—			6.0
Restricted cash			38.6			38.6			—			—			38.6
Marketable securities and warrants			16.4			16.0			—			0.4			16.4
Bond fund investments			6.2			6.2			—			—			6.2
Deferred consideration from the sale of Sadiola			14.3			—			—			14.3			14.3
Derivatives
Currency contracts			35.1			—			35.1			—			35.1
Crude oil contracts			3.5			—			3.5			—			3.5
Gold bullion contracts			8.1			—			8.1			—			8.1
Embedded derivative - prepayment options on Notes			8.4			—			8.4			—			8.4
			$	1,078.1		$	1,008.3		$	55.1		$	14.7		$	1,078.1
Liabilities
Derivatives
Crude oil contracts			$	(12.0)		$	—		$	(12.0)		$	—		$	(12.0)
Embedded derivative - Rosebel power purchase agreement			(23.3)			—			(23.3)			—			(23.3)
Long-term debt - Notes1			(454.2)			(460.4)			—			—			(460.4)
Long-term debt - equipment loan2			(28.2)			—			(28.9)			—			(28.9)
			$	(517.7)		$	(460.4)		$	(64.2)		$	—		$	(524.6)

1.The carrying amount excludes unamortized deferred transaction costs of $7.2 million and the embedded derivative.

2.The carrying amount excludes unamortized deferred transaction costs of $0.2 million.

Fair value of marketable securities and warrants

Marketable securities included in level 3
Balance, December 31, 2020			$	0.4
Reduction in value of marketable securities			—
Change in fair value reported in OCI, net of income taxes			—
Balance, December 31, 2021			$	0.4

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Fair Value Measurement [Abstract]

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The disclosure of the fair value measurement of assets.

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The disclosure of the fair value measurement of liabilities.

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