XML 44 R23.htm IDEA: XBRL DOCUMENT v3.3.1.900
Asset Retirement Obligation
12 Months Ended
Dec. 31, 2015
ASSET RETIREMENT OBLIGATIONS [Abstract]  
Asset Retirement Obligation Disclosure [Text Block]
ASSET RETIREMENT OBLIGATIONS
The activity in LP’s asset retirement obligation liability for 2015 and 2014 is summarized in the following table. These are included in “Other long-term liabilities” in the Consolidated Balance Sheets. LP's asset retirement obligation reflects the estimated present value of its obligations for capping, closure and post closure costs with respect to landfills we own or operate and other on-going environmental monitoring costs.
 
Dollar amounts in millions
Year ended December 31,
2015
 
2014
Beginning balance
$
8.6

 
$
8.3

Accretion expense
0.7

 
0.6

Adjusted to expense during the year

 
0.3

Adjusted to expense through other operating credits and charges, net
1.4

 

Payments made
(0.3
)
 
(0.5
)
Translation
(0.4
)
 
(0.1
)
Ending balance
$
10.0

 
$
8.6


During 2015, LP increased its asset retirement obligations by $1.4 million associated with a site that LP previously operated a vinyl siding operation based upon a revised estimate of the required future monitoring costs.