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Asset Retirement Obligations (Tables)
9 Months Ended
Sep. 30, 2012
Summary of Changes in AROs

A summary of the changes in the AROs during the nine months ended September 30, 2012 is as follows:

 

Balance, December 31, 2011

   $ 30.1   

AROs acquired in the acquisition of the minerals sands business

     57.1   

Additions

     5.8   

Settlements/payments

     (1.2

Accretion expense

     2.0   

Other, including changes in estimates and remeasurement

     8.5   
  

 

 

 

Balance, September 30, 2012

   $ 102.3   
  

 

 

 

Current portion included in accrued liabilities

   $ 1.9   
  

 

 

 

Noncurrent portion

   $ 100.4   
  

 

 

 
Summary of AROs by Country

A summary of the AROs by site is included in the table below:

 

Australia

   $ 57.0   

South Africa

     34.0   

Botlek

     10.2   

Hamilton

     1.1   
  

 

 

 

Total AROs

   $ 102.3