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Business Segment Information (Tables)

12 Months Ended

Dec. 31, 2022

Segment Reporting [Abstract]

Business segment information

The following table includes Adjusted EBITDA, as defined below, 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,
						2022						2021						2020
						(Dollars in millions)
Sales and other operating revenue:
Domestic Coke						$	1,856.9					$	1,354.5					$	1,265.4
Brazil Coke						38.0						36.6						31.6
Logistics						77.6						64.9						36.0
Logistics intersegment sales						28.9						27.1						22.1
Elimination of intersegment sales						(28.9)						(27.1)						(22.1)
Total sales and other operating revenue						$	1,972.5					$	1,456.0					$	1,333.0
Adjusted EBITDA:
Domestic Coke						$	263.4					$	243.4					$	217.0
Brazil Coke						14.5						17.2						13.5
Logistics						49.7						43.5						17.3
Corporate and Other(1)						(29.9)						(28.7)						(41.9)
Total Adjusted EBITDA						$	297.7					$	275.4					$	205.9
Depreciation and amortization expense:
Domestic Coke						$	126.8					$	119.0					$	119.1
Brazil Coke						0.2						0.4						0.5
Logistics						14.5						13.3						12.8
Corporate and Other						1.0						1.2						1.3
Total depreciation and amortization expense						$	142.5					$	133.9					$	133.7
Capital expenditures:
Domestic Coke						$	70.3					$	83.1					$	60.0
Brazil Coke						0.1						0.3						0.4
Logistics						4.5						14.7						13.5
Corporate and Other						0.6						0.5						—
Total capital expenditures						$	75.5					$	98.6					$	73.9

(1)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,
						2022						2021
						(Dollars in millions)
Segment assets:
Domestic Coke						$	1,422.6					$	1,370.6
Brazil Coke						15.7						18.0
Logistics						193.5						202.9
Corporate and Other						22.8						23.9
Total assets						$	1,654.6					$	1,615.4

Reconciliation of Adjusted EBITDA (unaudited) to net income

Below is the reconciliation of Adjusted EBITDA to net income, which is its most directly comparable financial measure calculated and presented in accordance with GAAP:

			Years Ended December 31,
			2022						2021						2020
			(Dollars in millions)
Net income attributable to SunCoke Energy, Inc.			$	100.7					$	43.4					$	3.7
Add: Net income attributable to noncontrolling interests			4.2						5.4						5.1
Net income			$	104.9					$	48.8					$	8.8
Add:
Depreciation and amortization expense			142.5						133.9						133.7
Interest expense, net			32.0						42.5						56.3
Loss (gain) on extinguishment of debt, net			—						31.9						(5.7)
Income tax expense			16.8						18.3						10.3
Restructuring costs(1)			—						—						2.5
Transaction costs(2)			1.5						—						—
Adjusted EBITDA			$	297.7					$	275.4					$	205.9
Subtract: Adjusted EBITDA attributable to noncontrolling interests(3)			8.4						9.3						9.1
Adjusted EBITDA attributable to SunCoke Energy, Inc.			$	289.3					$	266.1					$	196.8

(1)Charges related to a company-wide restructuring and cost-reduction initiative.

(2)Costs incurred as part of the granulated pig iron project with U.S. Steel.

(3)Reflects noncontrolling interests in Indiana Harbor.

X

- 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 https://asc.fasb.org/extlink&oid=126901519&loc=d3e8924-108599

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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
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