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Acquisition of Shoal Creek Mine (Tables)
 12 Months Ended
Dec. 31, 2018
Acquisition of Shoal Creek Mine [Abstract]  
Schedule of Business Acquisitions, by Acquisition [Table Text Block]
The following table summarizes the preliminary estimated fair values of assets acquired and liabilities assumed that were recognized at the acquisition and control date (in millions):
Inventories
 
 
 
 
 
$
39.7

Property, plant, equipment and mine development
 
 
 
 
 
364.7

Current liabilities
 
 
 
 
 
(6.5
)
Asset retirement obligations
 
 
 
 
 
(10.5
)
Total purchase price
 
 
 
 
 
$
387.4
Business Acquisition, Pro Forma Information [Table Text Block]
As a result of Peabody's reorganization and change in reporting entity as described in Note 2. “Emergence from the Chapter 11 Cases and Fresh Start Reporting,” the following unaudited pro forma financial information presents the combined results of operations of the Company and the Shoal Creek Mine, on a pro forma basis, as though the acquisition was completed on April 2, 2017. The pro forma financial information does not necessarily reflect the results of operations that would have occurred had the Company and the Shoal Creek Mine constituted a single entity during those periods or that may be attained in the future.
 
Successor
 
Year Ended December 31, 2018
 
April 2 through December 31, 2017
 
(Dollars in millions, except per share data)
Revenue
$
6,008.4

 
$
4,506.2

Income from continuing operations, net of income taxes
826.6

 
783.3

Basic earnings per share from continuing operations
$
5.84

 
$
4.37

Diluted earnings per share from continuing operations
$
5.75

 
$
4.33