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Segment Information (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2020
Segment Reporting [Abstract] |
Reportable segment results | Reportable segment results were as follows:
| Three Months Ended March 31,
| 2020 |  | 2019
| (Dollars in millions)
Revenues: |  |  |
Seaborne Thermal Mining | $ | 201.1 |  |  | $ | 251.0 |
Seaborne Metallurgical Mining | 193.2 |  |  | 324.5 |
Powder River Basin Mining | 266.6 |  |  | 287.3 |
Other U.S. Thermal Mining | 192.3 |  |  | 334.8 |
Corporate and Other | (7.0 | ) |  | 53.0 |
Total | $ | 846.2 |  |  | $ | 1,250.6 |
Adjusted EBITDA: |  |  |
Seaborne Thermal Mining | $ | 55.1 |  |  | $ | 94.7 |
Seaborne Metallurgical Mining | (32.7 | ) |  | 85.8 |
Powder River Basin Mining | 25.4 |  |  | 36.4 |
Other U.S. Thermal Mining | 38.5 |  |  | 75.9 |
Corporate and Other | (49.5 | ) |  | (38.7 | )
Total | $ | 36.8 |  |  | $ | 254.1 |
Reconciliation of consolidated (loss) income from continuing operations, net of income taxes to Adjusted EBITDA | A reconciliation of consolidated (loss) income from continuing operations, net of income taxes to Adjusted EBITDA follows:
| Three Months Ended March 31,
| 2020 |  | 2019
| (Dollars in millions)
(Loss) income from continuing operations, net of income taxes | $ | (129.3 | ) |  | $ | 133.3 |
Depreciation, depletion and amortization | 106.0 |  |  | 172.5 |
Asset retirement obligation expenses | 17.6 |  |  | 13.8 |
Restructuring charges | 6.5 |  |  | 0.2 |
Transaction costs related to joint ventures | 4.2 |  |  | — |
Provision for North Goonyella equipment loss | — |  |  | 24.7 |
North Goonyella insurance recovery - equipment (1) | — |  |  | (91.1 | )
Changes in deferred tax asset valuation allowance and reserves and amortization of basis difference related to equity affiliates | (0.7 | ) |  | — |
Interest expense | 33.1 |  |  | 35.8 |
Interest income | (3.1 | ) |  | (8.3 | )
Unrealized losses (gains) on economic hedges | 2.2 |  |  | (39.8 | )
Unrealized gains on non-coal trading derivative contracts | (0.1 | ) |  | (0.2 | )
Take-or-pay contract-based intangible recognition | (2.6 | ) |  | (5.6 | )
Income tax provision | 3.0 |  |  | 18.8 |
Total Adjusted EBITDA | $ | 36.8 |  |  | $ | 254.1 |
(1) As described in Note 15. “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.

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