XML 44 R32.htm IDEA: XBRL DOCUMENT
v3.22.2

Segment Information (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2022
Segment Reporting [Abstract] |
Reportable Segment Results | Reportable segment results were as follows:
| Three Months Ended June 30, |  | Six Months Ended June 30,
| 2022 |  | 2021 |  | 2022 |  | 2021
| (Dollars in millions)
Revenue: |  |  |  |  |  |  |
Seaborne Thermal Mining | $ | 354.9 |  |  | $ | 194.1 |  |  | $ | 606.1 |  |  | $ | 370.5 |
Seaborne Metallurgical Mining | 533.8 |  |  | 121.0 |  |  | 855.1 |  |  | 208.5 |
Powder River Basin Mining | 229.7 |  |  | 248.6 |  |  | 480.9 |  |  | 477.0 |
Other U.S. Thermal Mining | 224.9 |  |  | 162.1 |  |  | 428.0 |  |  | 311.4 |
Corporate and Other | (21.4) |  |  | (2.4) |  |  | (356.8) |  |  | 7.3 |
Total | $ | 1,321.9 |  |  | $ | 723.4 |  |  | $ | 2,013.3 |  |  | $ | 1,374.7 |
Adjusted EBITDA: |  |  |  |  |  |  |
Seaborne Thermal Mining | $ | 176.8 |  |  | $ | 71.4 |  |  | $ | 267.3 |  |  | $ | 99.9 |
Seaborne Metallurgical Mining | 299.7 |  |  | (26.4) |  |  | 480.7 |  |  | (48.8) |
Powder River Basin Mining | (2.0) |  |  | 45.5 |  |  | 5.6 |  |  | 75.6 |
Other U.S. Thermal Mining | 61.9 |  |  | 44.3 |  |  | 111.9 |  |  | 80.5 |
Corporate and Other | 41.4 |  |  | (12.7) |  |  | 39.8 |  |  | (24.0) |
Total | $ | 577.8 |  |  | $ | 122.1 |  |  | $ | 905.3 |  |  | $ | 183.2 |
Reconciliation of Consolidated (Loss) Income from Continuing Operations, Net of Income Taxes to Adjusted EBITDA | A reconciliation of consolidated income (loss) from continuing operations, net of income taxes to Adjusted EBITDA follows:
| Three Months Ended June 30, |  | Six Months Ended June 30,
| 2022 |  | 2021 |  | 2022 |  | 2021
| (Dollars in millions)
Income (loss) from continuing operations, net of income taxes | $ | 411.3 |  |  | $ | (23.0) |  |  | $ | 291.5 |  |  | $ | (100.7) |
Depreciation, depletion and amortization | 73.8 |  |  | 77.1 |  |  | 146.7 |  |  | 145.4 |
Asset retirement obligation expenses | 12.7 |  |  | 15.1 |  |  | 27.7 |  |  | 31.0 |
Restructuring charges | 0.2 |  |  | 2.1 |  |  | 1.8 |  |  | 4.2 |
Changes in deferred tax asset valuation allowance and reserves and amortization of basis difference related to equity affiliates | (0.6) |  |  | (0.5) |  |  | (1.2) |  |  | (2.0) |
Interest expense | 37.6 |  |  | 45.4 |  |  | 77.0 |  |  | 97.8 |
Net loss (gain) on early debt extinguishment | 2.3 |  |  | (11.8) |  |  | 25.8 |  |  | (15.3) |
Interest income | (0.9) |  |  | (1.3) |  |  | (1.4) |  |  | (2.8) |
Unrealized losses on derivative contracts related to forecasted sales | 24.5 |  |  | 23.7 |  |  | 325.5 |  |  | 25.6 |
Unrealized losses on foreign currency option contracts | 6.3 |  |  | 1.2 |  |  | 3.0 |  |  | 8.8 |
Take-or-pay contract-based intangible recognition | (0.7) |  |  | (1.1) |  |  | (1.4) |  |  | (2.2) |
Income tax provision (benefit) | 11.3 |  |  | (4.8) |  |  | 10.3 |  |  | (6.6) |
Adjusted EBITDA | $ | 577.8 |  |  | $ | 122.1 |  |  | $ | 905.3 |  |  | $ | 183.2 |

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: | dtr-types: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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8906-108599 + Details
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types: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