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ACCRUED ENVIRONMENTAL REMEDIATION COSTS
12 Months Ended
Dec. 31, 2017
ACCRUED ENVIRONMENTAL REMEDIATION COSTS [Abstract]  
ACCRUED ENVIRONMENTAL REMEDIATION COSTS

NOTE 8: ACCRUED ENVIRONMENTAL REMEDIATION COSTS

Our Consolidated Balance Sheets as of December 31 include accrued environmental remediation costs (measured on an undiscounted basis) as follows:





 

 

 

 

 



 

 

 

 

 

in thousands

2017 

 

 

2016 

 

Accrued Environmental Remediation Costs

 

 

 

 

 

Continuing operations

$        21,784 

 

 

$        9,136 

 

Retained from former Chemicals business

10,704 

 

 

10,716 

 

Total

$        32,488 

 

 

$      19,852 

 



The long-term portion of the accruals noted above is included in other noncurrent liabilities in the accompanying Consolidated Balance Sheets and amounted to $12,760,000 at December 31, 2017 and $12,655,000 at December 31, 2016. The short-term portion of these accruals is included in other current liabilities in the accompanying Consolidated Balance Sheets.

The accrued environmental remediation costs in continuing operations relate primarily to the former Florida Rock, Tarmac, and CalMat facilities acquired in 2007, 2000 and 1999, respectively. The current increase primarily relates to the Hewitt Landfill Matter. The balances noted above for Chemicals relate to retained environmental remediation costs from the 2003 sale of the Performance Chemicals business and the 2005 sale of the Chloralkali business. Refer to Note 12 for additional discussion of contingent environmental matters.