NOTE 8: ACCRUED ENVIRONMENTAL REMEDIATION COSTS
Our Consolidated Balance Sheets as of December 31 include accrued environmental remediation costs (primarily measured on an undiscounted basis) as follows:
|
in thousands |
2013 | 2012 | |||
|
Accrued Environmental Remediation Costs |
|||||
|
Continuing operations |
$ 5,505 |
$ 5,666 |
|||
|
Retained from former Chemicals business |
5,178 | 5,792 | |||
|
Total |
$ 10,683 |
$ 11,458 |
The long-term portion of the accruals noted above is included in other noncurrent liabilities in the accompanying Consolidated Balance Sheets and amounted to $7,134,000 at December 31, 2013 and $7,299,000 at December 31, 2012. The short-term portion of these accruals is included in other accrued 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 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.