XML 79 R66.htm IDEA: XBRL DOCUMENT v3.7.0.1
Segment and Geographic Information (Tables)
12 Months Ended
Dec. 31, 2016
Segment Reporting [Abstract]  
Operating segment results
Segment results for the year ended December 31, 2016 were as follows:
 
Powder River Basin Mining
 
Midwestern
U.S. Mining
 
Western
U.S. Mining
 
Australian Metallurgical Mining
 
Australian Thermal Mining
 
Trading and
Brokerage
 
Corporate
and Other
 
Consolidated
 
(Dollars in millions)
Revenues
$
1,473.3

 
$
792.5

 
$
526.0

 
$
1,090.4

 
$
824.9

 
$
(10.9
)
 
$
19.1

 
$
4,715.3

Adjusted EBITDA
379.9

 
217.3

 
101.6

 
(16.3
)
 
217.6

 
(72.2
)
 
(335.7
)
 
492.2

Additions to property, plant, equipment and mine development
33.0

 
18.7

 
20.8

 
29.9

 
22.1

 

 
2.1

 
126.6

Federal coal lease expenditures
248.4

 

 
0.6

 

 

 

 

 
249.0

Income from equity affiliates

 

 

 

 

 

 
(16.2
)
 
(16.2
)
Segment results for the year ended December 31, 2015 were as follows:
 
Powder River Basin Mining
 
Midwestern
U.S. Mining
 
Western
U.S. Mining
 
Australian Metallurgical Mining
 
Australian Thermal Mining
 
Trading and
Brokerage
 
Corporate
and Other
 
Consolidated
 
(Dollars in millions)
Revenues
$
1,865.9

 
$
981.2

 
$
682.3

 
$
1,181.9

 
$
823.5

 
$
42.8

 
$
31.6

 
$
5,609.2

Adjusted EBITDA
482.9

 
269.7

 
184.6

 
(18.2
)
 
193.6

 
27.0

 
(705.0
)
 
434.6

Additions to property, plant, equipment and mine development
15.0

 
51.3

 
19.3

 
25.5

 
13.6

 

 
2.1

 
126.8

Federal coal lease expenditures
276.9

 

 
0.3

 

 

 

 

 
277.2

Loss from equity affiliates

 

 

 

 

 

 
15.9

 
15.9

Segment results for the year ended December 31, 2014 were as follows:
 
Powder River Basin Mining
 
Midwestern
U.S. Mining
 
Western
U.S. Mining
 
Australian Metallurgical Mining
 
Australian Thermal Mining
 
Trading and
Brokerage
 
Corporate
and Other
 
Consolidated
 
(Dollars in millions)
Revenues
$
1,922.9

 
$
1,198.1

 
$
902.8

 
$
1,613.8

 
$
1,058.0

 
$
58.4

 
$
38.2

 
$
6,792.2

Adjusted EBITDA
509.0

 
306.9

 
266.9

 
(151.1
)
 
264.1

 
14.9

 
(396.7
)
 
814.0

Additions to property, plant, equipment and mine development
19.7

 
57.4

 
18.2

 
53.9

 
30.2

 

 
15.0

 
194.4

Federal coal lease expenditures
276.5

 

 
0.2

 

 

 

 

 
276.7

Loss from equity affiliates

 

 

 

 

 

 
107.6

 
107.6

Reconciliation of Assets from Segment to Consolidated [Table Text Block]
Assets as of December 31, 2016 were as follows:
 
U.S. Mining
 
Australian Mining
 
Trading and
Brokerage
 
Corporate
and Other
 
Consolidated
 
(Dollars in millions)
Total assets
$
4,255.9

 
$
5,402.2

 
$
128.7

 
$
1,990.9

 
$
11,777.7

Property, plant, equipment and mine development, net
3,970.6

 
3,905.8

 
0.2

 
900.1

 
8,776.7

Assets as of December 31, 2015 were as follows:
 
U.S. Mining
 
Australian Mining
 
Trading and
Brokerage
 
Corporate
and Other
 
Consolidated
 
(Dollars in millions)
Total assets
$
4,105.8

 
$
5,319.9

 
$
217.2

 
$
1,304.0

 
$
10,946.9

Property, plant, equipment and mine development, net
3,854.5

 
4,469.6

 
0.5

 
933.9

 
9,258.5

Assets as of December 31, 2014 were as follows:
 
U.S. Mining
 
Australian Mining
 
Trading and
Brokerage
 
Corporate
and Other
 
Consolidated
 
(Dollars in millions)
Total assets
$
4,099.1

 
$
6,623.9

 
$
300.7

 
$
2,167.4

 
$
13,191.1

Property, plant, equipment and mine development, net
3,739.9

 
5,503.7

 
1.1

 
1,332.6

 
10,577.3

Reconciliation of Adjusted EBITDA to consolidated loss from continuing operations
A reconciliation of consolidated loss from continuing operations, net of income taxes to Adjusted EBITDA follows:
 
Year Ended December 31,
 
2016
 
2015
 
2014
 
(Dollars in millions)
Loss from continuing operations, net of income taxes
$
(663.8
)
 
$
(1,783.2
)
 
$
(695.3
)
Depreciation, depletion and amortization
465.4

 
572.2

 
655.7

Asset retirement obligation expenses
41.8

 
45.5

 
81.0

Selling and administrative expenses related to debt restructuring
21.5

 

 

Asset impairment
247.9

 
1,277.8

 
154.4

Change in deferred tax asset valuation allowance related to equity affiliates
(7.5
)
 
(1.0
)
 
52.3

Amortization of basis difference related to equity affiliates

 
4.9

 
5.7

Interest expense
298.6

 
465.4

 
426.6

Loss on early debt extinguishment
29.5

 
67.8

 
1.6

Interest income
(5.7
)
 
(7.7
)
 
(15.4
)
Reorganization items, net
159.0

 

 

Income tax (benefit) provision
(94.5
)
 
(207.1
)
 
147.4

Total Adjusted EBITDA
$
492.2

 
$
434.6

 
$
814.0

Revenues as a percent of total revenue from external customers by geographic region
The following table presents revenues as a percent of total revenue from external customers by geographic region:
 
Year Ended December 31,
 
2016
 
2015
 
2014
U.S.
54.7
%
 
57.4
%
 
59.5
%
Japan
6.9
%
 
8.1
%
 
9.5
%
China
5.4
%
 
7.1
%
 
6.1
%
South Korea
1.5
%
 
4.1
%
 
5.2
%
Other
31.5
%
 
23.3
%
 
19.7
%
Total
100.0
%
 
100.0
%
 
100.0
%