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Business Segment Information (Tables) | 12 Months Ended
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Dec. 31, 2020
Segment Reporting [Abstract] |
Business segment information | The following table includes Adjusted EBITDA, which is the measure of segment profit or loss reported to the chief operating decision maker for purposes of allocating resources to the segments and assessing their performance:
|  | Years Ended December 31,
|  | 2020 |  | 2019 |  | 2018
|  | (Dollars in millions)
Sales and other operating revenue: |  |  |  |  |  |
Domestic Coke |  | $ | 1,265.4 |  |  | $ | 1,489.1 |  |  | $ | 1,308.3 |
Brazil Coke |  | 31.6 |  |  | 38.4 |  |  | 40.4 |
Logistics |  | 36.0 |  |  | 72.8 |  |  | 102.2 |
Logistics intersegment sales |  | 22.1 |  |  | 26.3 |  |  | 24.5 |
Elimination of intersegment sales |  | (22.1) |  |  | (26.3) |  |  | (24.5) |
Total sales and other operating revenue |  | $ | 1,333.0 |  |  | $ | 1,600.3 |  |  | $ | 1,450.9 |
Adjusted EBITDA: |  |  |  |  |  |
Domestic Coke |  | $ | 217.0 |  |  | $ | 226.7 |  |  | $ | 207.9 |
Brazil Coke |  | 13.5 |  |  | 16.0 |  |  | 18.4 |
Logistics |  | 17.3 |  |  | 42.6 |  |  | 72.6 |
Corporate and Other(1) |  | (41.9) |  |  | (37.4) |  |  | (35.7) |
Total Adjusted EBITDA |  | $ | 205.9 |  |  | $ | 247.9 |  |  | $ | 263.2 |
Depreciation and amortization expense: |  |  |  |  |  |
Domestic Coke |  | $ | 119.1 |  |  | $ | 120.5 |  |  | $ | 114.4 |
Brazil Coke |  | 0.5 |  |  | 0.6 |  |  | 0.7 |
Logistics |  | 12.8 |  |  | 21.4 |  |  | 25.1 |
Corporate and Other |  | 1.3 |  |  | 1.3 |  |  | 1.4 |
Total depreciation and amortization expense |  | $ | 133.7 |  |  | $ | 143.8 |  |  | $ | 141.6 |
Capital expenditures: |  |  |  |  |  |
Domestic Coke |  | $ | 60.0 |  |  | $ | 105.2 |  |  | $ | 94.9 |
Brazil Coke |  | 0.4 |  |  | 0.3 |  |  | 0.2 |
Logistics |  | 13.5 |  |  | 4.6 |  |  | 5.2 |
Total capital expenditures |  | $ | 73.9 |  |  | $ | 110.1 |  |  | $ | 100.3 |
(1)Corporate and Other includes the activity from our legacy coal mining business, which incurred Adjusted EBITDA losses of $13.2 million, $11.2 million, and $9.8 million for the years ended December 31, 2020, 2019 and 2018, respectively. Additionally, Corporate and Other includes foundry related research and development costs of $3.9 million during 2020. The following table sets forth the Company’s segment assets:
|  | December 31,
|  | 2020 |  | 2019
|  | (Dollars in millions)
Segment assets: |  |  |  |
Domestic Coke |  | $ | 1,358.9 |  |  | $ | 1,434.2 |
Brazil Coke |  | 17.7 |  |  | 14.6 |
Logistics |  | 199.5 |  |  | 200.8 |
Corporate and Other |  | 31.8 |  |  | 102.0 |
Segment assets, excluding income tax receivable |  | 1,607.9 |  |  | 1,751.6 |
Tax receivable |  | 5.5 |  |  | 2.2 |
Total assets |  | $ | 1,613.4 |  |  | $ | 1,753.8 |
Reconciliation of Adjusted EBITDA (unaudited) to net income | Below is the reconciliation of Adjusted EBITDA to net income (loss), which is its most directly comparable financial measure calculated and presented in accordance with GAAP:
| Years Ended December 31,
| 2020 |  | 2019 |  | 2018
| (Dollars in millions)
Net income (loss) attributable to SunCoke Energy, Inc. | $ | 3.7 |  |  | $ | (152.3) |  |  | $ | 26.2 |
Add: Net income attributable to noncontrolling interests | 5.1 |  |  | 3.9 |  |  | 20.8 |
Net income (loss) | $ | 8.8 |  |  | $ | (148.4) |  |  | $ | 47.0 |
Add: |  |  |  |  |
Long-lived asset and goodwill impairment | — |  |  | 247.4 |  |  | — |
Depreciation and amortization expense | 133.7 |  |  | 143.8 |  |  | 141.6 |
Interest expense, net | 56.3 |  |  | 60.3 |  |  | 61.4 |
(Gain) loss on extinguishment of debt, net | (5.7) |  |  | (1.5) |  |  | 0.3 |
Income tax expense (benefit) | 10.3 |  |  | (54.7) |  |  | 4.6 |
Contingent consideration adjustments(1) | — |  |  | (4.2) |  |  | 2.5 |
Restructuring costs(2) | 2.5 |  |  | — |  |  | — |
Simplification Transaction costs(3) | — |  |  | 5.2 |  |  | 0.4 |
Loss from equity method investment | — |  |  | — |  |  | 5.4 |
Adjusted EBITDA | $ | 205.9 |  |  | $ | 247.9 |  |  | $ | 263.2 |
Subtract: Adjusted EBITDA attributable to noncontrolling interests(4) | 9.1 |  |  | 40.7 |  |  | 82.0 |
Adjusted EBITDA attributable to SunCoke Energy, Inc. | $ | 196.8 |  |  | $ | 207.2 |  |  | $ | 181.2 |
(1)In connection with the CMT acquisition, the Company entered into a contingent consideration arrangement that requires the Company to make future payments to the seller based on future volume over a specified threshold, price and contract renewals. Adjustments to the fair value of the contingent consideration were primarily the result of modifications to the volume forecast. This liability was written to zero during the third quarter of 2019, and the related contract was terminated in 2020. See Note 18. (2)Charges related to a company-wide restructuring and cost-reduction initiative. (3)Costs expensed primarily by the Partnership associated with the Simplification Transaction. (4)Reflects noncontrolling interests in Indiana Harbor and the portion of the Partnership owned by public unitholders prior to the Simplification Transaction.

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- Definition Tabular disclosure of the reconciliation of profit (loss) from reportable segments to the consolidated income (loss) before income tax expense (benefit) and discontinued operations. Includes, but is not limited to, reconciliation after income tax if income tax is allocated to the reportable segment. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8924-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8906-108599 + Details
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- 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=120311839&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=120311839&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=120311839&loc=d3e8906-108599 + Details
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