Supplemental Consolidating Financial Information (Tables)

3 Months Ended

Mar. 31, 2015

Supplemental Condensed Consolidating Financial Information [Abstract]

Schedule of Condensed Consolidating Statements of Income

Condensed Consolidating Statements of Operations

Three Months Ended March 31,2015

	Parent/Issuer			Guarantor Subsidiaries			Non- Guarantor Subsidiaries			Eliminations			Consolidated
	(In thousands)
Revenues	$	—		$	677,005		$	—		$	—		$	677,005
Costs, expenses and other
Cost of sales (exclusive of items shown separately below)	7,470			555,686			—			(834		)	562,322
Depreciation, depletion and amortization	1,060			103,812			2			—			104,874
Amortization of acquired sales contracts, net	—			(3,390		)	—			—			(3,390		)
Change in fair value of coal derivatives and coal trading activities, net	—			1,220			—			—			1,220
Asset impairment and mine closure costs	—			—			—			—			—
Selling, general and administrative expenses	15,439			6,243			1,448			(525		)	22,605
Other operating (income) expense, net	3,700			5,278			(1,251		)	1,359			9,086
	27,669			668,849			199			—			696,717
Income from investment in subsidiaries	21,050			—			—			(21,050		)	—
Income (Loss) from operations	(6,619		)	8,156			(199		)	(21,050		)	(19,712		)
Interest expense, net
Interest expense	(118,056		)	(6,763		)	(1,275		)	26,842			(99,252		)
Interest and investment income	8,072			19,774			1,369			(26,842		)	2,373
	(109,984		)	13,011			94			—			(96,879		)
Income (loss) from continuing operations before income taxes	(116,603		)	21,167			(105		)	(21,050		)	(116,591		)
Provision for (benefit from) income taxes	(3,408		)	—			12			—			(3,396		)
Net income (loss)	$	(113,195	)	$	21,167		$	(117	)	$	(21,050	)	$	(113,195	)
Total comprehensive income (loss)	$	(109,591	)	$	24,407		$	(117	)	$	(24,290	)	$	(109,591	)

Condensed Consolidating Statements of Operations

Three Months Ended March 31,2014

	Parent/Issuer			Guarantor Subsidiaries			Non- Guarantor Subsidiaries			Eliminations			Consolidated
	(In thousands)
Revenues	$	—		$	735,971		$	—		$	—		$	735,971
Costs, expenses and other
Cost of sales (exclusive of items shown separately below)	3,389			683,775			—			(850		)	686,314
Depreciation, depletion and amortization	1,472			102,942			9			—			104,423
Amortization of acquired sales contracts, net	—			(3,696		)	—			—			(3,696		)
Change in fair value of coal derivatives and coal trading activities, net	—			914			—			—			914
Asset impairment and mine closure costs	—			—			—			—			—
Selling, general and administrative expenses	19,944			7,865			1,803			(476		)	29,136
Other operating (income) expense, net	1,593			(9,480		)	(1,437		)	1,326			(7,998		)
	26,398			782,320			375			—			809,093
Loss from investment in subsidiaries	(35,347		)	—			—			35,347			—
Loss from operations	(61,745		)	(46,349		)	(375		)	35,347			(73,122		)
Interest expense, net
Interest expense	(113,655		)	(6,324		)	(1,050		)	24,558			(96,471		)
Interest and investment income	7,601			17,651			1,149			(24,558		)	1,843
	(106,054		)	11,327			99			—			(94,628		)
Income (loss) from continuing operations before income taxes	(167,799		)	(35,022		)	(276		)	35,347			(167,750		)
Provision for (benefit from) income taxes	(43,660		)	—			49			—			(43,611		)
Net loss	$	(124,139	)	$	(35,022	)	$	(325	)	$	35,347		$	(124,139	)
Total comprehensive loss	$	(126,769	)	$	(36,428	)	$	(325	)	$	36,753		$	(126,769	)

Schedule of Condensed Consolidating Balance Sheets

Condensed Consolidating Balance Sheets

March 31, 2015

	Parent/Issuer		Guarantor Subsidiaries		Non-Guarantor Subsidiaries		Eliminations			Consolidated
	(In thousands)
Assets
Cash and cash equivalents	$	577,832	$	100,430	$	11,710	$	—		$	689,972
Short term investments	249,518		—		—		—			249,518
Receivables	10,184		10,894		197,321		(4,650		)	213,749
Inventories	—		240,113		—		—			240,113
Other	82,714		44,828		10,095		—			137,637
Total current assets	920,248		396,265		219,126		(4,650		)	1,530,989
Property, plant and equipment, net	9,860		6,361,096		—		379			6,371,335
Investment in subsidiaries	7,487,172		—		—		(7,487,172		)	—
Intercompany receivables	—		2,139,722		—		(2,139,722		)	—
Note receivable from Arch Western	675,000		—		—		(675,000		)	—
Other	125,994		285,227		1,395		—			412,616
Total other assets	8,288,166		2,424,949		1,395		(10,301,894		)	412,616
Total assets	$	9,218,274	$	9,182,310	$	220,521	$	(10,306,165	)	$	8,314,940
Liabilities and Stockholders’ Equity
Accounts payable	$	12,377	$	155,080	$	23	$	—		$	167,480
Accrued expenses and other current liabilities	117,096		208,275		782		(4,650		)	321,503
Current maturities of debt	24,645		9,723		—		—			34,368
Total current liabilities	154,118		373,078		805		(4,650		)	523,351
Long-term debt	5,081,468		36,514		—		—			5,117,982
Intercompany payables	1,946,138		—		193,584		(2,139,722		)	—
Note payable to Arch Coal	—		675,000		—		(675,000		)	—
Asset retirement obligations	1,000		403,844		—		—			404,844
Accrued pension benefits	5,323		9,113		—		—			14,436
Accrued postretirement benefits other than pension	4,643		29,810		—		—			34,453
Accrued workers’ compensation	10,046		88,637		—		—			98,683
Deferred income taxes	419,064		—		—		—			419,064
Other noncurrent liabilities	36,530		105,069		205		—			141,804
Total liabilities	7,658,330		1,721,065		194,594		(2,819,372		)	6,754,617
Stockholders’ equity	1,559,944		7,461,245		25,927		(7,486,793		)	1,560,323
Total liabilities and stockholders’ equity	$	9,218,274	$	9,182,310	$	220,521	$	(10,306,165	)	$	8,314,940

Condensed Consolidating Balance Sheets

December 31, 2014

	Parent/Issuer		Guarantor Subsidiaries		Non-Guarantor Subsidiaries		Eliminations			Consolidated
	(In thousands)
Assets
Cash and cash equivalents	$	572,185	$	150,358	$	11,688	$	—		$	734,231
Short term investments	248,954		—		—		—			248,954
Receivables	9,656		15,933		211,043		(4,615		)	232,017
Inventories	—		190,253		—		—			190,253
Other	89,211		41,455		6,630		—			137,296
Total current assets	920,006		397,999		229,361		(4,615		)	1,542,751
Property, plant and equipment, net	10,470		6,442,623		2		363			6,453,458
Investment in subsidiaries	7,464,221		—		—		(7,464,221		)	—
Intercompany receivables	—		2,021,110		—		(2,021,110		)	—
Note receivable from Arch Western	675,000		—		—		(675,000		)	—
Other	131,884		300,058		1,572		—			433,514
Total other assets	8,271,105		2,321,168		1,572		(10,160,331		)	433,514
Total assets	$	9,201,581	$	9,161,790	$	230,935	$	(10,164,583	)	$	8,429,723
Liabilities and Stockholders’ Equity
Accounts payable	$	23,394	$	156,664	$	55	$	—		$	180,113
Accrued expenses and other current liabilities	85,899		220,017		1,095		(4,615		)	302,396
Current maturities of debt	27,625		9,260		—		—			36,885
Total current liabilities	136,918		385,941		1,150		(4,615		)	519,394
Long-term debt	5,084,839		38,646		—		—			5,123,485
Intercompany payables	1,817,755		—		203,355		(2,021,110		)	—
Note payable to Arch Coal	—		675,000		—		(675,000		)	—
Asset retirement obligations	981		397,915		—		—			398,896
Accrued pension benefits	5,967		10,293		—		—			16,260
Accrued postretirement benefits other than pension	4,430		28,238		—		—			32,668
Accrued workers’ compensation	9,172		85,119		—		—			94,291
Deferred income taxes	422,809		—		—		—			422,809
Other noncurrent liabilities	50,919		102,461		386		—			153,766
Total liabilities	7,533,790		1,723,613		204,891		(2,700,725		)	6,761,569
Stockholders’ equity	1,667,791		7,438,177		26,044		(7,463,858		)	1,668,154
Total liabilities and stockholders’ equity	$	9,201,581	$	9,161,790	$	230,935	$	(10,164,583	)	$	8,429,723

Schedule of Condensed Consolidating Statements of Cash Flows

Condensed Consolidating Statements of Cash Flows

Three Months Ended March 31,2015

	Parent/Issuer			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations		Consolidated
	(In thousands)
Cash provided by (used in) operating activities	$	(114,542	)	$	96,944		$	13,325		$	—	$	(4,273	)
Investing Activities
Capital expenditures	(450		)	(22,430		)	—			—		(22,880		)
Additions to prepaid royalties	—			(213		)	—			—		(213		)
Proceeds from disposals and divestitures	—			46			—			—		46
Purchases of marketable securities	(101,793		)	—			—			—		(101,793		)
Proceeds from sale or maturity of marketable securities and other investments	99,914			—			—			—		99,914
Investments in and advances to affiliates	—			(1,843		)	—			—		(1,843		)
Cash used in investing activities	(2,329		)	(24,440		)	—			—		(26,769		)
Financing Activities
Payments on term loan	(4,875		)	—			—			—		(4,875		)
Net payments on other debt	(2,751		)	(2,059		)	—			—		(4,810		)
Debt financing costs	—			—			—			—		—
Dividends paid	—			—			—			—		—
Withdrawals (deposits) of restricted cash	—			—			(3,532		)	—		(3,532		)
Transactions with affiliates, net	130,144			(120,373		)	(9,771		)	—		—
Cash provided by (used in) financing activities	122,518			(122,432		)	(13,303		)	—		(13,217		)
Increase (decrease) in cash and cash equivalents	5,647			(49,928		)	22			—		(44,259		)
Cash and cash equivalents, beginning of period	572,185			150,358			11,688			—		734,231
Cash and cash equivalents, end of period	$	577,832		$	100,430		$	11,710		$	—	$	689,972

Condensed Consolidating Statements of Cash Flows

Three Months Ended March 31,2014

	Parent/Issuer			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations		Consolidated
	(In thousands)
Cash provided by (used in) operating activities	$	(150,338	)	$	142,978		$	(32,915	)	$	—	$	(40,275	)
Investing Activities
Capital expenditures	(492		)	(13,962		)	—			—		(14,454		)
Additions to prepaid royalties	—			(591		)	—			—		(591		)
Proceeds from disposals and divestitures	26,319			1,876			—			—		28,195
Purchases of short term investments	(119,176		)	—			—			—		(119,176		)
Proceeds from sales of short term investments	117,681			—			—			—		117,681
Investments in and advances to affiliates	(1,016		)	(2,226		)	—			—		(3,242		)
Cash provided by (used in) investing activities	23,316			(14,903		)	—			—		8,413
Financing Activities
Contributions from parent	—			—			—			—		—
Payments on term loan	(4,875		)	—			—			—		(4,875		)
Debt financing costs	(1,957		)	—			—			—		(1,957		)
Net payments on other debt	(4,521		)	—			—			—		(4,521		)
Dividends paid	(2,123		)	—			—			—		(2,123		)
Transactions with affiliates, net	95,067			(128,140		)	33,073			—		—
Cash provided by (used in) financing activities	81,591			(128,140		)	33,073			—		(13,476		)
Increase (decrease) in cash and cash equivalents	(45,431		)	(65		)	158			—		(45,338		)
Cash and cash equivalents, beginning of period	799,333			100,418			11,348			—		911,099
Cash and cash equivalents, end of period	$	753,902		$	100,353		$	11,506		$	—	$	865,761