XML 18 R5.htm IDEA: XBRL DOCUMENT v3.7.0.1
Consolidated Statements of Cash Flows - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Cash Flows From Operating Activities      
Net loss $ (721.4) $ (1,958.2) $ (723.5)
Loss from discontinued operations, net of income taxes 57.6 175.0 28.2
Loss from continuing operations, net of income taxes (663.8) (1,783.2) (695.3)
Adjustments to reconcile loss from continuing operations, net of income taxes to net cash (used in) provided by operating activities:      
Depreciation, depletion and amortization 465.4 572.2 655.7
Noncash interest expense 61.3 30.6 23.6
Deferred income taxes (97.0) (138.3) 178.1
Share-based Compensation, Total 12.8 28.2 46.8
Asset impairment 247.9 1,277.8 154.4
Net gain on disposal of assets (23.2) (45.0) (41.4)
(Gain) loss from equity affiliates (16.2) 15.9 107.6
Gain on VEBA settlement (68.1) 0.0 0.0
Monetization of foreign currency hedge positions (25.0) (14.9) (136.9)
Gains on previously monetized foreign currency hedge positions 125.2 0.0 0.0
Debtor Reorganization Items, Other Expense (Income) 90.9 0.0 0.0
Changes in current assets and liabilities:      
Accounts receivable (101.3) 188.0 55.4
Change in receivable from accounts receivable securitization program (168.5) 138.5 (70.0)
Inventories 104.0 96.2 104.9
Net assets from coal trading activities 8.5 (27.3) (10.1)
Other current assets (24.4) 14.8 7.7
Accounts payable and accrued expenses 156.5 (381.7) (29.2)
Decrease in Restricted Cash for Operating Activities (125.7) 0.0 0.0
Asset retirement obligations 13.1 23.9 60.3
Workers' compensation obligations (0.4) (4.2) 2.2
Accrued postretirement benefit costs 6.3 18.7 9.6
Accrued pension costs 21.7 29.6 28.3
Take or pay obligation settlement (15.5) 0.0 0.0
Other, net (7.4) (20.9) (10.7)
Net cash provided by continuing operations (22.9) 18.9 441.0
Net cash used in discontinued operations (29.9) (33.3) (104.4)
Net cash provided by operating activities (52.8) (14.4) 336.6
Cash Flows From Investing Activities      
Additions to property, plant, equipment and mine development (126.6) (126.8) (194.4)
Changes in accrued expenses related to capital expenditures (6.1) (9.2) (16.6)
Federal coal lease expenditures (249.0) 277.2 276.7
Proceeds from disposal of assets, net of notes receivable 144.4 70.4 203.7
Purchases of debt and equity securities 0.0 (28.8) (15.1)
Proceeds from sales and maturities of debt and equity securities 0.0 90.3 13.5
Contributions to joint ventures (309.5) (425.4) (529.8)
Distributions from joint ventures 312.4 422.6 534.2
Advances to related parties (40.4) (3.7) (33.7)
Repayment of loans from related parties 40.6 0.9 5.4
Other, net (9.9) (3.1) (5.0)
Net cash used in investing activities (244.1) (290.0) (314.5)
Net cash used in investing activities (244.1) (290.0) (314.5)
Cash Flows From Financing Activities      
Proceeds from long-term debt 1,458.4 975.7 1.1
Repayments of long-term debt (513.7) (671.3) (21.0)
Payment of deferred financing costs (31.0) (28.7) (10.1)
Dividends paid 0.0 (1.4) (92.3)
Restricted cash for distributions to noncontrolling interests 0.0 0.0 (42.5)
Other, net (5.8) (6.6) (3.3)
Net cash used in financing activities 907.9 267.7 (168.1)
Net change in cash and cash equivalents 611.0 (36.7) (146.0)
Cash and cash equivalents at beginning of year 261.3 298.0 444.0
Cash and cash equivalents at end of year $ 872.3 $ 261.3 $ 298.0