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ASSET RETIREMENT OBLIGATION: (Tables)
6 Months Ended
Jun. 30, 2020
ASSET RETIREMENT OBLIGATION:  
Summary of asset retirement obligation activity

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The following table summarizes the asset retirement obligation activity for the six months ended June 30, 2020 and 2019 (in millions):

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2020

    

2019

Balance as of January 1

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$

262.3

​

$

217.7

Changes in estimates

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—

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25.2

Closure payments

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(0.8)

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(0.4)

Accretion expense

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7.4

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6.2

Balance as of June 30, 

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$

268.9

​

$

248.7