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Accounting for Asset Retirement Obligations (Tables)
12 Months Ended
Dec. 31, 2024
Accounting for Asset Retirement Obligations [Abstract]  
Reconciliation of Asset Retirement Obligations

The following is a reconciliation of asset retirement obligations as of December 31, 2024 and 2023:

 
December 31,
 
(millions of dollars)
 
2024
   
2023
 
Asset retirement obligation, beginning of period
 
$
20.8
   
$
23.8
 
Accretion expense
   
1.6
     
1.1
 
Other
   
6.5
     
(3.8
)
Payments
   
(0.8
)
   
(0.1
)
Foreign currency translation
   
(0.5
)
   
(0.2
)
Asset retirement obligation, end of period
 
$
27.6
   
$
20.8