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Asset Retirement Obligations
12 Months Ended
Dec. 31, 2012
Asset Retirement Obligation [Abstract]  
ASSET RETIREMENT OBLIGATIONS
ASSET RETIREMENT OBLIGATIONS

The following table presents the change in our AROs during 2012 and 2011:

 
2012
 
2011
 
(Millions of Dollars)
 
 
 
 
Balance as of January 1
$
55.5

 
$
52.6

Liabilities Incurred

 
0.6

Liabilities Settled
(14.0
)
 
(2.2
)
Accretion
2.8

 
3.0

Cash Flow Revisions

 
1.5

Balance as of December 31
$
44.3

 
$
55.5