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Segment Information (Tables)
 6 Months Ended
Jun. 30, 2017
Segment Reporting [Abstract]  
Reportable segment results
Reportable segment results were as follows:
 
 
2017
 
 
2016
 
2017
 
2016
 
 
Successor
 
 
Predecessor
 
Successor
 
 
Predecessor
 
 
April 2 through June 30
 
 
Three Months Ended
June 30
 
April 2 through June 30
 
 
January 1 through April 1
 
Six Months Ended
June 30
 
 
(Dollars in millions)
Revenues:
 
 
 
 
 
 
 
 
 
 
 
 
Powder River Basin Mining
 
$
365.4

 
 
$
306.6

 
$
365.4

 
 
$
394.3

 
$
642.6

Midwestern U.S. Mining
 
194.9

 
 
189.0

 
194.9

 
 
193.2

 
388.6

Western U.S. Mining
 
125.4

 
 
112.1

 
125.4

 
 
149.7

 
224.6

Australian Metallurgical Mining
 
287.8

 
 
245.2

 
287.8

 
 
328.9

 
450.3

Australian Thermal Mining
 
239.2

 
 
186.8

 
239.2

 
 
224.8

 
363.5

Trading and Brokerage
 
5.2

 
 
17.5

 
5.2

 
 
15.0

 
13.8

Corporate and Other
 
40.4

 
 
(17.0
)
 
40.4

 
 
20.3

 
(16.0
)
Total
 
$
1,258.3

 
 
$
1,040.2

 
$
1,258.3

 
 
$
1,326.2

 
$
2,067.4

 
 
 
 
 
 
 
 
 
 
 
 
 
Adjusted EBITDA:
 
 
 
 
 
 
 
 
 
 
 
 
Powder River Basin Mining
 
$
84.8

 
 
$
80.6

 
$
84.8

 
 
$
91.7

 
$
154.4

Midwestern U.S. Mining
 
46.5

 
 
52.7

 
46.5

 
 
50.0

 
113.3

Western U.S. Mining
 
44.9

 
 
28.8

 
44.9

 
 
50.0

 
48.9

Australian Metallurgical Mining
 
71.9

 
 
(49.2
)
 
71.9

 
 
109.6

 
(86.5
)
Australian Thermal Mining
 
105.9

 
 
45.4

 
105.9

 
 
75.6

 
88.3

Trading and Brokerage
 
(5.1
)
 
 
(18.2
)
 
(5.1
)
 
 
8.8

 
(31.9
)
Corporate and Other (1)
 
(31.1
)
 
 
(67.5
)
 
(31.1
)
 
 
(44.4
)
 
(178.7
)
Total
 
$
317.8

 
 
$
72.6

 
$
317.8

 
 
$
341.3

 
$
107.8


(1)  
Includes a gain of $68.1 million related to the 2016 Settlement Agreement described in Note 5. "Discontinued Operations" during the six months ended June 30, 2016 and a gain of $19.7 million related to the sale of Dominion Terminal Associates during the predecessor period January 1 through April 1, 2017.
Reconciliation of Adjusted EBITDA to consolidated loss from continuing operations, net of income taxes
A reconciliation of consolidated income (loss) from continuing operations, net of income taxes to Adjusted EBITDA follows:
 
 
2017
 
2016
 
2017
 
2016
 
 
Successor
Predecessor
 
Predecessor
 
Successor
Predecessor
 
Predecessor
 
 
April 2 through June 30
April 1
 
Three Months Ended
June 30
 
April 2 through June 30
January 1 through April 1
 
Six Months Ended
June 30
 
 
(Dollars in millions)
  Income (loss) from continuing operations, net of income taxes
 
$
101.4

$
(319.8
)
 
$
(223.2
)
 
$
101.4

$
(195.5
)
 
$
(390.9
)
Depreciation, depletion and amortization
 
148.3

—

 
115.9

 
148.3

119.9

 
227.7

Asset retirement obligation expenses
 
11.0

—

 
11.5

 
11.0

14.6

 
24.6

Selling and administrative expenses related to debt restructuring
 
—

—

 
7.2

 
—

—

 
21.5

Asset impairment
 
—

—

 
—

 
—

30.5

 
17.2

Change in deferred tax asset valuation allowance related to equity affiliates
 
(4.3
)
—

 
(1.4
)
 
(4.3
)
(5.2
)
 
—

Interest expense
 
41.4

—

 
59.0

 
41.4

32.9

 
185.2

Interest income
 
(1.5
)
—

 
(1.3
)
 
(1.5
)
(2.7
)
 
(2.7
)
Break fees related to terminated asset sales
 
(28.0
)
—

 
—

 
(28.0
)
—

 
—

Realized losses on non-coal trading derivative contracts
 
—

—

 
25.0

 
—

—

 
—

Unrealized gains on non-coal trading derivative contracts
 
(3.2
)
—

 
—

 
(3.2
)
—

 
—

Unrealized (gains) losses on economic hedges
 
(9.4
)
—

 
22.1

 
(9.4
)
(16.6
)
 
27.2

Coal inventory revaluation
 
67.3

—

 
—

 
67.3

—

 
—

Take-or-pay contract-based intangible recognition
 
(9.9
)
—

 
—

 
(9.9
)
—

 
—

Reorganization items, net
 
—

585.8

 
95.4

 
—

627.2

 
95.4

Income tax provision (benefit)
 
4.7

(266.0
)
 
(37.6
)
 
4.7

(263.8
)
 
(97.4
)
Total Adjusted EBITDA
 
$
317.8

$
—

 
$
72.6

 
$
317.8

$
341.3

 
$
107.8
Schedule of Total Assets by Division
Assets as of June 30, 2017 were as follows:
 
U.S. Mining
 
Australian Mining
 
Trading and
Brokerage
 
Corporate
and Other
 
Consolidated
Successor Company
(Dollars in millions)
Total assets
$
3,997.5

 
$
2,732.4

 
$
44.0

 
$
1,541.3

 
$
8,315.2

Property, plant, equipment and mine development, net
3,339.1

 
1,422.5

 
—

 
452.6

 
5,214.2

Assets as of December 31, 2016 were as follows:
 
U.S. Mining
 
Australian Mining
 
Trading and
Brokerage
 
Corporate
and Other
 
Consolidated
Predecessor Company
(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