AGÕæÈËÆ½Ì¨AGÕæÈËÊÔÍæ

Annual report pursuant to Section 13 and 15(d)

ENVIRONMENTAL AND MINE CLOSURE OBLIGATIONS (Tables)

v3.19.3.a.u2
ENVIRONMENTAL AND MINE CLOSURE OBLIGATIONS (Tables)
12 Months Ended
Dec. 31, 2019
Environmental Remediation Obligations [Abstract] Ìý
Schedule of Environmental Loss Contingencies and Asset Retirement Obligations [Table Text Block]
The following is a summary of our environmental and mine closure obligations:
Ìý
(In Millions)
Ìý
December 31,
Ìý
2019
Ìý
2018
Environmental
$
2.0

Ìý
$
2.5

Mine closure1
165.3

Ìý
172.4

Total environmental and mine closure obligations
167.3

Ìý
174.9

Less current portion
2.4

Ìý
2.9

Long-term environmental and mine closure obligations
$
164.9

Ìý
$
172.0

Ìý
Ìý
Ìý
Ìý
1 Includes $22.0 million and $35.0 million related to our active operations as of December 31, 2019 and 2018, respectively, with the remaining balance attributable to inactive operations, including our indefinitely idled Empire mine and a closed mine formerly operating as LTV AGÕæÈËÆ½Ì¨AGÕæÈËÊÔÍæ Mining Company.

Asset Retirement Obligations
The following represents a roll forward of our asset retirement obligation liability:
Ìý
(In Millions)
Ìý
December 31,
Ìý
2019
Ìý
2018
Asset retirement obligation at beginning of year
$
172.4

Ìý
$
168.4

Accretion expense
10.1

Ìý
9.5

Remediation payments
(0.8
)
Ìý
(1.0
)
Revision in estimated cash flows
(16.4
)
Ìý
(4.5
)
Asset retirement obligation at end of year
$
165.3

Ìý
$
172.4