Rendering

Component: (Network and Table)
Network
2316301 - Disclosure - Asset Retirement Obligation (Tables)
(http://www.lpcorp.com/role/AssetRetirementObligationTables)
Table(Implied)
Slicers (applies to each fact value in each table cell)
Reporting Entity [Axis]0000060519 (http://www.sec.gov/CIK)
ASSET RETIREMENT OBLIGATIONS [Abstract]Period [Axis]
2016-01-01 - 2016-12-31
ASSET RETIREMENT OBLIGATIONS [Abstract]
 
Schedule of Change in Asset Retirement Obligation [Table Text Block]
The activity in LP’s asset retirement obligation liability for 2016 and 2015 is summarized in the following table. These are included in “Other long-term liabilities” in the Consolidated Balance Sheets. LP's asset retirement obligation reflects the estimated present value of its obligations for capping, closure and post closure costs with respect to landfills we own or operate and other on-going environmental monitoring costs.
 
Dollar amounts in millions
Year ended December 31,
2016
 
2015
Beginning balance
$
10.0

 
$
8.6

Accretion expense
0.8

 
0.7

Adjusted to expense during the year
(0.3
)
 
—

Adjusted to expense through other operating credits and charges, net
—

 
1.4

Payments made
(0.4
)
 
(0.3
)
Translation
0.1

 
(0.4
)
Ending balance
$
10.2

 
$
10.0


During 2015, LP increased its asset retirement obligations by $1.4 million associated with a site that LP previously operated based upon a revised estimate of the required future monitoring costs.