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Segment and Geographic Information (Tables)

12 Months Ended

Dec. 31, 2023

Segment Reporting [Abstract]

Operating segment results

Segment results for the year ended December 31, 2023 were as follows:

			Seaborne Thermal						Seaborne Metallurgical						Powder River Basin						Other U.S. Thermal						Corporate and Other						Consolidated
			(Dollars in millions)
Revenue			$	1,329.7					$	1,301.9					$	1,198.1					$	888.2					$	228.8					$	4,946.7
Adjusted EBITDA			576.8						438.1						153.7						207.5						(12.2)						1,363.9
Additions to property, plant, equipment and mine development			62.0						186.4						40.9						47.6						11.4						348.3
Income from equity affiliates			—						—						—						—						(6.9)						(6.9)

Segment results for the year ended December 31, 2022 were as follows:

			Seaborne Thermal						Seaborne Metallurgical						Powder River Basin						Other U.S. Thermal						Corporate and Other						Consolidated
			(Dollars in millions)
Revenue			$	1,345.6					$	1,616.9					$	1,065.5					$	952.2					$	1.7					$	4,981.9
Adjusted EBITDA			647.6						781.7						68.2						242.4						104.8						1,844.7
Additions to property, plant, equipment and mine development			38.8						84.8						59.1						35.3						3.5						221.5
Income from equity affiliates			—						—						—						—						(131.2)						(131.2)

Segment results for the year ended December 31, 2021 were as follows:

			Seaborne Thermal						Seaborne Metallurgical						Powder River Basin						Other U.S. Thermal						Corporate and Other						Consolidated
			(Dollars in millions)
Revenue			$	934.0					$	727.7					$	971.2					$	689.1					$	(3.7)					$	3,318.3
Adjusted EBITDA			353.1						178.2						134.9						164.2						86.3						916.7
Additions to property, plant, equipment and mine development			88.6						25.1						41.4						24.2						3.8						183.1
Income from equity affiliates			—						—						—						—						(82.1)						(82.1)

Reconciliation of Assets from Segment to Consolidated

Assets as of December 31, 2023 were as follows:

			Seaborne						U.S. Thermal						Corporate and Other						Consolidated
			(Dollars in millions)
Total assets			$	2,088.2					$	1,373.2					$	2,500.7					$	5,962.1
Property, plant, equipment and mine development, net			1,565.1						1,149.2						129.8						2,844.1
Operating lease right-of-use assets			33.1						25.0						3.8						61.9

Assets as of December 31, 2022 were as follows:

			Seaborne						U.S. Thermal						Corporate and Other						Consolidated
			(Dollars in millions)
Total assets			$	1,632.6					$	1,359.4					$	2,618.8					$	5,610.8
Property, plant, equipment and mine development, net			1,220.7						1,217.5						426.8						2,865.0
Operating lease right-of-use assets			20.5						0.5						5.9						26.9

Assets as of December 31, 2021 were as follows:

			Seaborne						U.S. Thermal						Corporate and Other						Consolidated
			(Dollars in millions)
Total assets			$	1,669.6					$	1,318.5					$	1,961.7					$	4,949.8
Property, plant, equipment and mine development, net			1,298.8						1,209.5						442.3						2,950.6
Operating lease right-of-use assets			19.2						3.3						13.0						35.5

Reconciliation of Adjusted EBITDA to consolidated loss from continuing operations

A reconciliation of consolidated income from continuing operations, net of income taxes to Adjusted EBITDA follows:

			Year Ended December 31,
			2023						2022						2021
			(Dollars in millions)
Income from continuing operations, net of income taxes			$	816.0					$	1,317.4					$	347.4
Depreciation, depletion and amortization			321.4						317.6						308.7
Asset retirement obligation expenses			50.5						49.4						44.7
Restructuring charges			3.3						2.9						8.3
Asset impairment			2.0						11.2						—
Provision for NARM and Shoal Creek losses			40.9						—						—
Changes in deferred tax asset valuation allowance and reserves and amortization of basis difference related to equity affiliates			(1.6)						(2.3)						(33.8)
Interest expense			59.8						140.3						183.4
Net loss (gain) on early debt extinguishment			8.8						57.9						(33.2)
Interest income			(76.8)						(18.4)						(6.5)
Net mark-to-market adjustment on actuarially determined liabilities			(0.3)						(27.8)						(43.4)
Unrealized (gains) losses on derivative contracts related to forecasted sales			(159.0)						35.8						115.1
Unrealized (gains) losses on foreign currency option contracts			(7.4)						2.3						7.5
Take-or-pay contract-based intangible recognition			(2.5)						(2.8)						(4.3)
Income tax provision (benefit)			308.8						(38.8)						22.8
Total Adjusted EBITDA			$	1,363.9					$	1,844.7					$	916.7

Revenues as a percent of total revenue from external customers by geographic region

The following table presents revenue as a percent of total revenue from external customers by geographic region:

			Year Ended December 31,
			2023						2022						2021
U.S.			42.4		%				36.6		%				45.5		%
Japan			14.7		%				19.4		%				14.2		%
China			10.9		%				—		%				—		%
Australia			8.9		%				8.5		%				7.7		%
Taiwan			6.6		%				9.3		%				14.4		%
Brazil			3.6		%				2.8		%				0.9		%
Vietnam			2.4		%				2.8		%				2.0		%
Indonesia			2.0		%				1.5		%				3.0		%
France			1.6		%				1.1		%				—		%
India			1.2		%				2.9		%				5.4		%
Germany			1.0		%				0.7		%				—		%
Belgium			0.6		%				1.3		%				—		%
South Korea			—		%				2.1		%				1.4		%
Chile			—		%				1.1		%				0.3		%
Other			4.1		%				9.9		%				5.2		%
Total			100.0		%				100.0		%				100.0		%

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