XML 90 R43.htm IDEA: XBRL DOCUMENT
v3.22.4

Long-term Debt (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2022
Debt Disclosure [Abstract] |
Schedule of Long-term Debt Instruments | The Company’s total indebtedness as of December 31, 2022 and 2021 consisted of the following:
| December 31,
Debt Instrument (defined below, as applicable) | 2022 |  | 2021
| (Dollars in millions)
6.000% Senior Secured Notes due March 2022 (2022 Notes) | $ | — |  |  | $ | 23.1 |
8.500% Senior Secured Notes due December 2024 (2024 Peabody Notes) | — |  |  | 62.6 |
10.000% Senior Secured Notes due December 2024 (2024 Co-Issuer Notes) | — |  |  | 193.9 |
Senior Secured Term Loan due 2024 (Co-Issuer Term Loans) | — |  |  | 206.0 |
6.375% Senior Secured Notes due March 2025 (2025 Notes) | — |  |  | 334.9 |
Senior Secured Term Loan due 2025, net of original issue discount (Senior Secured Term Loan) | — |  |  | 322.8 |
3.250% Convertible Senior Notes due March 2028 (2028 Convertible Notes) | 320.0 |  |  | — |
Finance lease obligations | 23.6 |  |  | 29.3 |
Less: Debt issuance costs | (9.8) |  |  | (34.8) |
| 333.8 |  |  | 1,137.8 |
Less: Current portion of long-term debt | 13.2 |  |  | 59.6 |
Long-term debt | $ | 320.6 |  |  | $ | 1,078.2 |
Interest Income and Interest Expense Disclosure | Additionally, the table sets forth the amount of cash paid for interest and the amount of non-cash interest expense primarily related to the amortization of debt issuance costs.
| Year Ended December 31,
| 2022 |  | 2021 |  | 2020
| (Dollars in millions)
Indebtedness | $ | 87.0 |  |  | $ | 132.3 |  |  | $ | 104.4 |
Financial assurance instruments | 53.3 |  |  | 51.1 |  |  | 35.4 |
Interest expense | $ | 140.3 |  |  | $ | 183.4 |  |  | $ | 139.8 |
Cash paid for interest | $ | 118.5 |  |  | $ | 174.9 |  |  | $ | 126.9 |
Non-cash interest expense | $ | 17.7 |  |  | $ | 21.3 |  |  | $ | 16.2 |

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

X
- Definition Tabular disclosure of interest income and expense, including, but not limited to, interest income and expense from investments, loans, and securities. + References No definition available. + Details
Name: | us-gaap_InterestIncomeAndInterestExpenseDisclosureTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer. + 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 210.5-02.22) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 3 -Subparagraph (SX 210.12-04(a)) -URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e24072-122690 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 1A -URI http://asc.fasb.org/extlink&oid=124435984&loc=d3e28541-108399 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=123467817&loc=d3e21506-112644 Reference 5: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 55 -Paragraph 69B -URI http://asc.fasb.org/extlink&oid=123466577&loc=SL123495735-112612 Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=124435984&loc=d3e28551-108399 Reference 7: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 55 -Paragraph 69E -URI http://asc.fasb.org/extlink&oid=123466577&loc=SL123495743-112612 Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=123467817&loc=d3e21521-112644 Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=123467817&loc=d3e21538-112644 Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 470 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=123599511&loc=d3e64711-112823 Reference 11: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 55 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=114775985&loc=d3e28878-108400 Reference 12: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=123467817&loc=d3e21475-112644 + Details
Name: | us-gaap_ScheduleOfDebtInstrumentsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration