XML 59 R46.htm IDEA: XBRL DOCUMENT
v3.19.1

Segment Information (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2019
Segment Reporting [Abstract] |
Reportable segment results | Reportable segment results were as follows:
| Three Months Ended March 31,
| 2019 |  | 2018
| (Dollars in millions)
Revenues: |  |  |
Seaborne Thermal Mining | $ | 251.0 |  |  | $ | 201.4 |
Seaborne Metallurgical Mining | 324.5 |  |  | 466.2 |
Powder River Basin Mining | 287.3 |  |  | 389.3 |
Midwestern U.S. Mining | 179.1 |  |  | 201.7 |
Western U.S. Mining | 155.7 |  |  | 143.7 |
Corporate and Other | 53.0 |  |  | 60.4 |
Total | $ | 1,250.6 |  |  | $ | 1,462.7 |
Adjusted EBITDA: |  |  |
Seaborne Thermal Mining | $ | 94.7 |  |  | $ | 61.6 |
Seaborne Metallurgical Mining | 85.8 |  |  | 166.4 |
Powder River Basin Mining | 36.4 |  |  | 74.5 |
Midwestern U.S. Mining | 33.3 |  |  | 31.2 |
Western U.S. Mining | 42.6 |  |  | 32.0 |
Corporate and Other (1) | (38.9 | ) |  | (1.8 | )
Total | $ | 253.9 |  |  | $ | 363.9 |
(1) | As described in Note 16. “Other Events,” included in the three months ended March 31, 2018, is the gain of $20.6 million recognized on the sale of certain surplus land assets in Queensland and the gain of $7.1 million recognized on the sale of the Company’s interest in the RMJV.
Reconciliation of Adjusted EBITDA to consolidated loss from continuing operations, net of income taxes | A reconciliation of consolidated income from continuing operations, net of income taxes to Adjusted EBITDA follows:
| Three Months Ended March 31,
| 2019 |  | 2018
| (Dollars in millions)
Income from continuing operations, net of income taxes | $ | 133.3 |  |  | $ | 208.3 |
Depreciation, depletion and amortization | 172.5 |  |  | 169.6 |
Asset retirement obligation expenses | 13.8 |  |  | 12.3 |
Provision for North Goonyella equipment loss | 24.7 |  |  | — |
North Goonyella insurance recoveries - equipment (1) | (91.1 | ) |  | — |
Changes in deferred tax asset valuation allowance and reserves and amortization of basis difference related to equity affiliates | — |  |  | (7.6 | )
Interest expense | 35.8 |  |  | 36.3 |
Interest income | (8.3 | ) |  | (7.2 | )
Reorganization items, net | — |  |  | (12.8 | )
Unrealized gains on economic hedges | (39.8 | ) |  | (38.6 | )
Unrealized (gains) losses on non-coal trading derivative contracts | (0.2 | ) |  | 1.8 |
Fresh start take-or-pay contract-based intangible recognition | (5.6 | ) |  | (8.3 | )
Income tax provision | 18.8 |  |  | 10.1 |
Total Adjusted EBITDA | $ | 253.9 |  |  | $ | 363.9 |
(1) | As described in Note 16. “Other Events,” the Company recorded a $125.0 million insurance recovery during the three months ended March 31, 2019 related to losses incurred at its North Goonyella Mine. Of this amount, Adjusted EBITDA excludes an allocated amount applicable to total equipment losses recognized at the time of the insurance recovery settlement, which consisted of $24.7 million and $66.4 million recognized during the three months ended March 31, 2019 and the year ended December 31, 2018, respectively. The remaining $33.9 million, applicable to incremental costs and business interruption losses, is included in Adjusted EBITDA for the three months ended March 31, 2019.

X
- Definition Reconciliation Of Adjusted Ebitda To Consolidated Income From Continuing Operations Net Of Income Taxes. + References No definition available. + Details
Name: | btu_ReconciliationOfAdjustedEbitdaToConsolidatedIncomeFromContinuingOperationsNetOfIncomeTaxesTableTextBlock
Namespace Prefix: | btu_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8906-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8813-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13816-109267 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8736-108599 + Details
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration