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Segment Information (Tables)
 9 Months Ended
Sep. 30, 2018
Segment Reporting [Abstract]  
Reportable segment results
Reportable segment results were as follows:
 
 
Successor
 
Successor
Predecessor
 
 
Three Months Ended September 30, 2018
 
Three Months Ended September 30, 2017
 
Nine Months Ended September 30, 2018
 
April 2 through September 30, 2017
January 1 through April 1, 2017
 
 
(Dollars in millions)
Revenues:
 
 
 
 
 
 
 
 
 
Powder River Basin Mining
 
$
373.7

 
$
420.9

 
$
1,084.5

 
$
786.3

$
394.3

Midwestern U.S. Mining
 
208.5

 
207.7

 
607.7

 
402.6

193.2

Western U.S. Mining
 
156.1

 
155.7

 
439.4

 
281.1

149.7

Australian Metallurgical Mining
 
370.3

 
415.9

 
1,254.0

 
703.7

328.9

Australian Thermal Mining
 
305.1

 
265.8

 
773.9

 
505.0

224.8

Trading and Brokerage
 
22.6

 
19.4

 
52.7

 
24.6

15.0

Corporate and Other
 
(23.7
)
 
(8.2
)
 
(27.5
)
 
32.2

20.3

Total
 
$
1,412.6

 
$
1,477.2

 
$
4,184.7

 
$
2,735.5

$
1,326.2

 
 
 
 
 
 
 
 
 
 
Adjusted EBITDA:
 
 
 
 
 
 
 
 
 
Powder River Basin Mining
 
$
88.2

 
$
112.7

 
$
224.7

 
$
197.5

$
91.7

Midwestern U.S. Mining
 
38.7

 
49.5

 
111.9

 
96.0

50.0

Western U.S. Mining
 
28.5

 
34.5

 
94.4

 
79.4

50.0

Australian Metallurgical Mining
 
90.7

 
143.1

 
415.6

 
215.0

109.6

Australian Thermal Mining
 
145.3

 
97.8

 
314.5

 
203.7

75.6

Trading and Brokerage
 
(2.4
)
 
2.7

 
1.9

 
(2.4
)
8.8

Corporate and Other (1)
 
(16.9
)
 
(29.0
)
 
(57.4
)
 
(60.1
)
(44.4
)
Total
 
$
372.1

 
$
411.3

 
$
1,105.6

 
$
729.1

$
341.3


(1)  
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:
 
 
Successor
 
Successor
Predecessor


Three Months Ended September 30, 2018
 
Three Months Ended September 30, 2017
 
Nine Months Ended September 30, 2018
 
April 2 through September 30, 2017
January 1 through April 1, 2017
 

(Dollars in millions)
Income (loss) from continuing operations, net of income taxes

$
83.9

 
$
233.7


$
412.2

 
$
335.1

$
(195.5
)
Depreciation, depletion and amortization

169.6

 
194.5


503.1

 
342.8

119.9

Asset retirement obligation expenses

12.4

 
11.3


37.9

 
22.3

14.6

Asset impairment

—

 
—


—

 
—

30.5

Provision for North Goonyella equipment loss
 
49.3

 
—

 
49.3

 
—

—

Changes in deferred tax asset valuation allowance and amortization of basis difference related to equity affiliates

(6.1
)
 
(3.4
)

(22.1
)
 
(7.7
)
(5.2
)
Interest expense

38.2

 
42.4


112.8

 
83.8

32.9

Loss on early debt extinguishment
 
—

 
12.9

 
2.0

 
12.9

—

Interest income

(10.1
)
 
(2.0
)

(24.3
)
 
(3.5
)
(2.7
)
Reorganization items, net

—

 
—


(12.8
)
 
—

627.2

Break fees related to terminated asset sales

—

 
—


—

 
(28.0
)
—

Unrealized losses (gains) on economic hedges

26.8

 
10.8


36.3

 
1.4

(16.6
)
Unrealized (gains) losses on non-coal trading derivative contracts

(0.3
)
 
1.7


1.4

 
(1.5
)
—

Coal inventory revaluation

—

 
—


—

 
67.3

—

Take-or-pay contract-based intangible recognition

(5.4
)
 
(6.5
)

(21.5
)
 
(16.4
)
—

Income tax provision (benefit)

13.8

 
(84.1
)

31.3

 
(79.4
)
(263.8
)
Total Adjusted EBITDA

$
372.1

 
$
411.3


$
1,105.6

 
$
729.1

$
341.3