Asset Retirement Obligations

12 Months Ended

Dec. 31, 2015

Asset Retirement Obligation Disclosure [Abstract]

Asset Retirement Obligations

NOTE 11—ASSET RETIREMENT OBLIGATIONS

The following table presents activity for asset retirement obligations for the year ended December 31, 2015:

(In millions)
Balance, December 31, 2014	$	—
Obligations assumed in business combination		6.5
Revisions and liabilities incurred		(1.0	)
Accretion expense		0.4
Payments		(0.9	)
Balance, December 31, 2015	$	5.0

Of the total asset retirement obligations as of December 31, 2015, $0.9 million is classified as accrued liabilities, with the remaining $4.1 million classified as other noncurrent liabilities in the consolidated balance sheets.