v3.25.1
LEASES: (Tables)
3 Months Ended
Mar. 31, 2025
LEASES:  
Schedule of the operating lease expense recognized

The operating lease expense recognized in the three-month period ended March 31, 2025 and 2024 was classified as follows (in millions):

Classification

    

2025

 

2024

Cost of sales (exclusive of depreciation, amortization and depletion)

 

$

28.8

$

28.5

Selling, general and administrative

 

(*)

 

(*)

Exploration

 

(*)

 

(*)

Total lease expense

 

$

28.8

$

28.6

(*) amount is lower than $0.1 million.

Schedule of Maturities of lease liabilities

Lease liabilities

Year

    

(in millions)

2025

 

$

86.5

2026

 

115.0

2027

 

114.5

2028

 

114.0

2029

 

112.8

After 2029

 

317.1

Total lease payments

 

$

859.9

Less: interest on lease liabilities

 

(139.2)

Present value of lease payments

 

$

720.7