XML 57 R38.htm IDEA: XBRL DOCUMENT v3.20.4

Revenue Recognition (Tables)

12 Months Ended

Dec. 31, 2020

Revenue Recognition [Abstract]

Disaggregation of Revenues

Revenue by product type and market is set forth in the following tables. With respect to its seaborne mining segments, the Company classifies as “Export” certain revenue from domestically-delivered coal under contracts in which the price is derived on a basis similar to export contracts.

			Year Ended December 31, 2020
			Seaborne Thermal Mining						Seaborne Metallurgical Mining						Powder River Basin Mining						Other U.S. Thermal Mining						Corporate and Other (1)						Consolidated
			(Dollars in millions)
Thermal coal
Domestic			$	145.5					$	—					$	993.9					$	675.2					$	—					$	1,814.6
Export			564.8						—						—						—						—						564.8
Total thermal			710.3						—						993.9						675.2						—						2,379.4
Metallurgical coal
Export			—						484.3						—						—						—						484.3
Total metallurgical			—						484.3						—						—						—						484.3
Other			1.5						2.2						(2.8)						32.1						(15.6)						17.4
Revenues			$	711.8					$	486.5					$	991.1					$	707.3					$	(15.6)					$	2,881.1

			Year Ended December 31, 2019
			Seaborne Thermal Mining						Seaborne Metallurgical Mining						Powder River Basin Mining						Other U.S. Thermal Mining						Corporate and Other (1)						Consolidated
			(Dollars in millions)
Thermal coal
Domestic			$	147.9					$	—					$	1,208.9					$	1,274.2					$	—					$	2,631.0
Export			822.4						—						—						11.3						—						833.7
Total thermal			970.3						—						1,208.9						1,285.5						—						3,464.7
Metallurgical coal
Export			—						1,030.0						—						—						—						1,030.0
Total metallurgical			—						1,030.0						—						—						—						1,030.0
Other			1.4						3.1						19.8						23.9						80.5						128.7
Revenues			$	971.7					$	1,033.1					$	1,228.7					$	1,309.4					$	80.5					$	4,623.4

			Year Ended December 31, 2018
			Seaborne Thermal Mining						Seaborne Metallurgical Mining						Powder River Basin Mining						Other U.S. Thermal Mining						Corporate and Other (1)						Consolidated
			(Dollars in millions)
Thermal coal
Domestic			$	153.0					$	—					$	1,424.8					$	1,342.5					$	—					$	2,920.3
Export			945.0						—						—						23.4						—						968.4
Total thermal			1,098.0						—						1,424.8						1,365.9						—						3,888.7
Metallurgical coal
Export			—						1,548.6						—						—						—						1,548.6
Total metallurgical			—						1,548.6						—						—						—						1,548.6
Other			1.2						4.4						—						27.1						111.8						144.5
Revenues			$	1,099.2					$	1,553.0					$	1,424.8					$	1,393.0					$	111.8					$	5,581.8

Disaggregation of Revenue by Contract

Revenue by initial contract duration was as follows:

			Year Ended December 31, 2020
			Seaborne Thermal Mining						Seaborne Metallurgical Mining						Powder River Basin Mining						Other U.S. Thermal Mining						Corporate and Other (1)						Consolidated
			(Dollars in millions)
One year or longer			$	349.2					$	371.0					$	945.0					$	671.4					$	—					$	2,336.6
Less than one year			361.1						113.3						48.9						3.8						—						527.1
Other (2)			1.5						2.2						(2.8)						32.1						(15.6)						17.4
Revenues			$	711.8					$	486.5					$	991.1					$	707.3					$	(15.6)					$	2,881.1

			Year Ended December 31, 2019
			Seaborne Thermal Mining						Seaborne Metallurgical Mining						Powder River Basin Mining						Other U.S. Thermal Mining						Corporate and Other (1)						Consolidated
			(Dollars in millions)
One year or longer			$	589.2					$	828.6					$	1,087.6					$	1,254.2					$	—					$	3,759.6
Less than one year			381.1						201.4						121.3						31.3						—						735.1
Other (2)			1.4						3.1						19.8						23.9						80.5						128.7
Revenues			$	971.7					$	1,033.1					$	1,228.7					$	1,309.4					$	80.5					$	4,623.4
			Year Ended December 31, 2018
			Seaborne Thermal Mining						Seaborne Metallurgical Mining						Powder River Basin Mining						Other U.S. Thermal Mining						Corporate and Other (1)						Consolidated
			(Dollars in millions)
One year or longer			$	799.5					$	1,036.7					$	1,283.9					$	1,307.2					$	—					$	4,427.3
Less than one year			298.5						511.9						140.9						58.7						—						1,010.0
Other (2)			1.2						4.4						—						27.1						111.8						144.5
Revenues			$	1,099.2					$	1,553.0					$	1,424.8					$	1,393.0					$	111.8					$	5,581.8

(1)    Corporate and Other revenue includes gains and losses related to mark-to-market adjustments from economic hedge activities intended to hedge future coal sales. Refer to Note 7. “Derivatives and Fair Value Measurements” for additional information regarding the economic hedge activities.

(2)    Other includes revenues from arrangements such as customer contract-related payments associated with volume shortfalls, royalties related to coal lease agreements, sales agency commissions, farm income and property and facility rentals, for which contract duration is not meaningful.

Schedule of Accounts Receivable

“Accounts receivable, net” at December 31, 2020 and 2019 consisted of the following:

			December 31,
			2020						2019
			(Dollars in millions)
Trade receivables, net			$	180.9					$	283.1
Miscellaneous receivables, net			63.9						46.4
Accounts receivable, net			$	244.8					$	329.5

X

- Definition

Disaggregation of Revenue by Contract Duration [Table Text Block]

+ References

No definition available.

+ Details

Name:	btu_DisaggregationofRevenuebyContractDurationTableTextBlock
Namespace Prefix:	btu_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Disaggregation of Revenue by Product Type and Market [Table Text Block]

+ References

No definition available.

+ Details

Name:	btu_DisaggregationofRevenuebyProductTypeandMarketTableTextBlock
Namespace Prefix:	btu_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_RevenueRecognitionAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the various types of trade accounts and notes receivable and for each the gross carrying value, allowance, and net carrying value as of the balance sheet date. Presentation is categorized by current, noncurrent and unclassified receivables.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.3,4)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

+ Details

Name:	us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration