Supplemental Guarantor/Non-Guarantor Financial Information (Tables)

9 Months Ended

Sep. 30, 2011

Supplemental Guarantor Non Guarantor Financial Information [Abstract]

Unaudited Supplemental Condensed Consolidating Statements of Operations



	Three Months Ended September 30, 2011
	Parent Company			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
	(Dollars in millions)
Total revenues	$	—		$	1,229.9		$	850.0		$	(44.0	)	$	2,035.9
Costs and expenses
Operating costs and expenses	(99.3		)	922.9			679.2			(44.0		)	1,458.8
Depreciation, depletion and amortization	—			72.1			41.6			—			113.7
Asset retirement obligation expense	—			11.2			3.8			—			15.0
Selling and administrative expenses	8.0			52.5			10.7			—			71.2
Other operating (income) loss:
Net (gain) loss on disposal or exchange of assets	—			(1.8		)	0.1			—			(1.7		)
(Income) loss from equity affiliates	(252.5		)	2.7			0.5			252.5			3.2
Interest expense	61.0			13.7			1.9			(17.4		)	59.2
Interest income	(4.1		)	(5.2		)	(12.2		)	17.4			(4.1		)
Income from continuing operations before income taxes	286.9			161.8			124.4			(252.5		)	320.6
Income tax provision (benefit)	12.9			48.3			(24.1		)	—			37.1
Income from continuing operations, net of income taxes	274.0			113.5			148.5			(252.5		)	283.5
Gain (loss) from discontinued operations, net of income taxes	0.1			(2.1		)	—			—			(2.0		)
Net income	274.1			111.4			148.5			(252.5		)	281.5
Less: Net income attributable to noncontrolling interests	—			—			7.4			—			7.4
Net income attributable to common stockholders	$	274.1		$	111.4		$	141.1		$	(252.5	)	$	274.1

Unaudited Supplemental Condensed Consolidated Statements of Operations



	Three Months Ended September 30, 2010
	Parent Company			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
	(Dollars in millions)
Total revenues	$	—		$	1,059.9		$	1,045.3		$	(240.5	)	$	1,864.7
Costs and expenses
Operating costs and expenses	(24.8		)	763.9			744.7			(240.5		)	1,243.3
Depreciation, depletion and amortization	—			76.2			40.5			—			116.7
Asset retirement obligation expense	—			7.1			2.8			—			9.9
Selling and administrative expenses	5.5			47.3			1.3			—			54.1
Other operating (income) loss:
Net (gain) loss on disposal or exchange of assets	—			(7.1		)	0.4			—			(6.7		)
(Income) loss from equity affiliates	(248.5		)	1.3			1.4			248.5			2.7
Interest expense	61.6			13.9			3.7			(17.0		)	62.2
Interest income	(4.0		)	(5.2		)	(10.6		)	17.0			(2.8		)
Income from continuing operations before income taxes	210.2			162.5			261.1			(248.5		)	385.3
Income tax provision (benefit)	(14.8		)	55.1			107.4			—			147.7
Income from continuing operations, net of income taxes	225.0			107.4			153.7			(248.5		)	237.6
Loss from discontinued operations, net of income taxes	(0.9		)	(0.4		)	—			—			(1.3		)
Net income	224.1			107.0			153.7			(248.5		)	236.3
Less: Net income attributable to noncontrolling interests	—			—			12.2			—			12.2
Net income attributable to common stockholders	$	224.1		$	107.0		$	141.5		$	(248.5	)	$	224.1

Unaudited Supplemental Condensed Consolidating Statements of Operations



	Nine Months Ended September 30, 2011
	Parent Company			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
	(Dollars in millions)
Total revenues	$	—		$	3,482.5		$	2,524.5		$	(218.2	)	$	5,788.8
Costs and expenses
Operating costs and expenses	(289.3		)	2,671.2			1,956.0			(218.2		)	4,119.7
Depreciation, depletion and amortization	—			215.6			112.2			—			327.8
Asset retirement obligation expense	—			31.2			12.7			—			43.9
Selling and administrative expenses	24.9			151.0			15.5			—			191.4
Other operating (income) loss:
Net (gain) loss on disposal or exchange of assets	—			(32.3		)	0.9			—			(31.4		)
(Income) loss from equity affiliates	(664.3		)	6.4			2.6			664.3			9.0
Interest expense	162.3			40.6			7.7			(51.3		)	159.3
Interest income	(12.8		)	(15.8		)	(34.4		)	51.3			(11.7		)
Income from continuing operations before income taxes	779.2			414.6			451.3			(664.3		)	980.8
Income tax provision	43.1			109.9			71.7			—			224.7
Income from continuing operations, net of income taxes	736.1			304.7			379.6			(664.3		)	756.1
Loss from discontinued operations, net of income taxes	(0.7		)	(3.0		)	—			—			(3.7		)
Net income	735.4			301.7			379.6			(664.3		)	752.4
Less: Net income attributable to noncontrolling interests	—			—			17.0			—			17.0
Net income attributable to common stockholders	$	735.4		$	301.7		$	362.6		$	(664.3	)	$	735.4

Unaudited Supplemental Condensed Consolidating Statements of Operations



	Nine Months Ended September 30, 2010
	Parent Company			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
	(Dollars in millions)
Total revenues	$	—		$	3,123.9		$	2,530.5		$	(612.7	)	$	5,041.7
Costs and expenses
Operating costs and expenses	(65.7		)	2,286.2			1,918.9			(612.7		)	3,526.7
Depreciation, depletion and amortization	—			221.3			106.0			—			327.3
Asset retirement obligation expense	—			22.1			8.2			—			30.3
Selling and administrative expenses	23.0			133.8			6.8			—			163.6
Other operating (income) loss:
Net (gain) loss on disposal or exchange of assets	—			(15.6		)	0.2			—			(15.4		)
(Income) loss from equity affiliates	(639.6		)	5.0			4.4			628.1			(2.1		)
Interest expense	168.6			39.4			11.2			(49.1		)	170.1
Interest income	(11.6		)	(16.1		)	(26.8		)	49.1			(5.4		)
Income from continuing operations before income taxes	525.3			447.8			501.6			(628.1		)	846.6
Income tax provision (benefit)	(39.6		)	143.0			153.8			—			257.2
Income from continuing operations, net of income taxes	564.9			304.8			347.8			(628.1		)	589.4
Loss from discontinued operations, net of income taxes	(0.9		)	(1.3		)	—			—			(2.2		)
Net income	564.0			303.5			347.8			(628.1		)	587.2
Less: Net income attributable to noncontrolling interests	—			—			23.2			—			23.2
Net income attributable to common stockholders	$	564.0		$	303.5		$	324.6		$	(628.1	)	$	564.0

Unaudited Supplemental Condensed Consolidating Balance Sheet

Unaudited Supplemental Condensed Consolidating Balance Sheets



	September 30, 2011
	Parent Company		Guarantor Subsidiaries			Non-Guarantor Subsidiaries		Reclassifications/ Eliminations			Consolidated
	(Dollars in millions)
Assets
Current assets
Cash and cash equivalents	$	957.9	$	1.0		$	442.7	$	—		$	1,401.6
Accounts receivable, net	4.6		53.8			533.0		—			591.4
Inventories	—		204.3			147.6		—			351.9
Assets from coal trading activities, net	—		16.1			49.9		—			66.0
Deferred income taxes	—		62.6			34.4		(6.1		)	90.9
Other current assets	281.2		77.8			144.2		—			503.2
Total current assets	1,243.7		415.6			1,351.8		(6.1		)	3,005.0
Property, plant, equipment and mine development, net	—		4,801.4			3,006.7		—			7,808.1
Deferred income taxes	3.1		—			—		(3.1		)	—
Investments and other assets	9,845.7		204.5			155.2		(9,326.9		)	878.5
Total assets	$	11,092.5	$	5,421.5		$	4,513.7	$	(9,336.1	)	$	11,691.6

Liabilities and Stockholders’ Equity
Current liabilities
Current maturities of long-term debt	$	25.0	$	—		$	18.8	$	—		$	43.8
Payables to (receivables from) affiliates, net	2,445.3		(2,621.7		)	176.4		—			—
Liabilities from coal trading activities, net	—		8.8			53.8		—			62.6
Deferred income taxes	6.1		—			—		(6.1		)	—
Accounts payable and accrued expenses	67.5		740.6			526.8		—			1,334.9
Total current liabilities	2,543.9		(1,872.3		)	775.8		(6.1		)	1,441.3
Long-term debt, less current maturities	2,372.0		0.1			86.5		—			2,458.6
Deferred income taxes	—		193.7			309.0		(3.1		)	499.6
Notes payable to (receivables from) affiliates, net	819.1		(823.6		)	4.5		—			—
Other noncurrent liabilities	68.5		1,670.9			230.2		—			1,969.6
Total liabilities	5,803.5		(831.2		)	1,406.0		(9.2		)	6,369.1
Peabody Energy Corporation’s stockholders’ equity	5,289.0		6,252.7			3,074.2		(9,326.9		)	5,289.0
Noncontrolling interests	—		—			33.5		—			33.5
Total stockholders’ equity	5,289.0		6,252.7			3,107.7		(9,326.9		)	5,322.5
Total liabilities and stockholders’ equity	$	11,092.5	$	5,421.5		$	4,513.7	$	(9,336.1	)	$	11,691.6

Supplemental Condensed Consolidating Balance Sheets



	December 31, 2010
	Parent Company		Guarantor Subsidiaries			Non-Guarantor Subsidiaries		Reclassifications/ Eliminations			Consolidated
	(Dollars in millions)
Assets
Current assets
Cash and cash equivalents	$	903.8	$	5.2		$	386.2	$	—		$	1,295.2
Accounts receivable, net	2.1		5.5			550.6		—			558.2
Inventories	—		168.0			164.9		—			332.9
Assets from coal trading activities, net	—		23.8			168.7		—			192.5
Deferred income taxes	—		78.6			47.9		(6.1		)	120.4
Other current assets	307.9		30.7			120.4		—			459.0
Total current assets	1,213.8		311.8			1,438.7		(6.1		)	2,958.2
Property, plant, equipment and mine development, net	—		4,732.7			2,693.4		—			7,426.1
Investments and other assets	9,331.0		179.8			99.1		(8,631.1		)	978.8
Total assets	$	10,544.8	$	5,224.3		$	4,231.2	$	(8,637.2	)	$	11,363.1

Liabilities and Stockholders’ Equity
Current liabilities
Current maturities of long-term debt	$	25.0	$	—		$	18.2	$	—		$	43.2
Payables to (receivables from) affiliates, net	2,225.3		(2,528.3		)	303.0		—			—
Liabilities from coal trading activities, net	—		29.5			152.2		—			181.7
Deferred income taxes	6.1		—			—		(6.1		)	—
Accounts payable and accrued expenses	47.4		777.2			464.2		—			1,288.8
Total current liabilities	2,303.8		(1,721.6		)	937.6		(6.1		)	1,513.7
Long-term debt, less current maturities	2,609.6		0.1			97.1		—			2,706.8
Deferred income taxes	93.2		135.4			311.2		—			539.8
Notes payable to (receivables from) affiliates, net	818.9		(825.3		)	6.4		—			—
Other noncurrent liabilities	58.6		1,652.8			202.1		—			1,913.5
Total liabilities	5,884.1		(758.6		)	1,554.4		(6.1		)	6,673.8
Peabody Energy Corporation’s stockholders’ equity	4,660.7		5,982.9			2,648.2		(8,631.1		)	4,660.7
Noncontrolling interests	—		—			28.6		—			28.6
Total stockholders’ equity	4,660.7		5,982.9			2,676.8		(8,631.1		)	4,689.3
Total liabilities and stockholders’ equity	$	10,544.8	$	5,224.3		$	4,231.2	$	(8,637.2	)	$	11,363.1

Unaudited Supplemental Condensed Consolidating Statements of Cash Flows



	Nine Months Ended September 30, 2011
	Parent Company			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Consolidated
	(Dollars in millions)
Cash Flows From Operating Activities
Net cash provided by continuing operations	$	144.7		$	721.5		$	327.9		$	1,194.1
Net cash used in discontinued operations	(1.6		)	(2.0		)	—			(3.6		)
Net cash provided by operating activities	143.1			719.5			327.9			1,190.5
Cash Flows From Investing Activities
Additions to property, plant, equipment and mine development	—			(218.6		)	(397.6		)	(616.2		)
Federal coal lease expenditures	—			(42.4		)	—			(42.4		)
Investment in Prairie State Energy Campus	—			(29.8		)	—			(29.8		)
Proceeds from disposal of assets	—			12.1			—			12.1
Investment in equity affiliates and joint ventures	—			(2.1		)	(37.7		)	(39.8		)
Proceeds from sales of debt and equity securities	—			—			53.3			53.3
Purchases of debt and equity securities	—			—			(44.1		)	(44.1		)
Purchases of short-term investments	(75.0		)	—			(25.0		)	(100.0		)
Maturity of short-term investments	75.0			—			25.0			100.0
Investment in shares of Macarthur Coal Limited	—			—			(45.5		)	(45.5		)
Other, net	—			(4.4		)	—			(4.4		)
Net cash used in investing activities	—			(285.2		)	(471.6		)	(756.8		)
Cash Flows From Financing Activities
Proceeds from long-term debt	—			—			1.4			1.4
Payments of long-term debt	(236.9		)	—			(11.5		)	(248.4		)
Dividends paid	(69.1		)	—			—			(69.1		)
Repurchase of employee common stock relinquished for tax withholding	(16.1		)	—			—			(16.1		)
Payment of debt issuance costs	(4.0		)	—			—			(4.0		)
Excess tax benefits related to share-based compensation	6.1			—			—			6.1
Proceeds from stock options exercised	4.5			—			—			4.5
Other, net	6.3			—			(8.0		)	(1.7		)
Transactions with affiliates, net	220.2			(438.5		)	218.3			—
Net cash provided by (used in) financing activities	(89.0		)	(438.5		)	200.2			(327.3		)
Net change in cash and cash equivalents	54.1			(4.2		)	56.5			106.4
Cash and cash equivalents at beginning of period	903.8			5.2			386.2			1,295.2
Cash and cash equivalents at end of period	$	957.9		$	1.0		$	442.7		$	1,401.6

Unaudited Supplemental Condensed Consolidating Statements of Cash Flows



	Nine Months Ended September 30, 2010
	Parent Company			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Consolidated
	(Dollars in millions)
Cash Flows From Operating Activities
Net cash provided by (used in) continuing operations	$	(323.0	)	$	1,002.7		$	223.8		$	903.5
Net cash used in discontinued operations	(9.5		)	(1.8		)	—			(11.3		)
Net cash provided by (used in) operating activities	(332.5		)	1,000.9			223.8			892.2
Cash Flows From Investing Activities
Additions to property, plant, equipment and mine development	—			(238.1		)	(53.2		)	(291.3		)
Investment in Prairie State Energy Campus	—			(52.5		)	—			(52.5		)
Proceeds from disposal of assets	—			8.5			1.2			9.7
Investment in equity affiliates and joint ventures	—			(15.0		)	(3.8		)	(18.8		)
Proceeds from sales of debt and equity securities	—			—			10.6			10.6
Purchases of debt and equity securities	—			—			(73.6		)	(73.6		)
Other, net	—			(7.2		)	(0.2		)	(7.4		)
Net cash used in investing activities	—			(304.3		)	(119.0		)	(423.3		)
Cash Flows From Financing Activities
Proceeds from long-term debt	1,150.0			—			—			1,150.0
Payments of long-term debt	(1,140.3		)	—			(8.2		)	(1,148.5		)
Dividends paid	(56.5		)	—			—			(56.5		)
Repurchase of employee common stock relinquished for tax withholding	(8.4		)	—			—			(8.4		)
Payment of debt issuance costs	(32.2		)	—			—			(32.2		)
Proceeds from stock options exercised	5.9			—			—			5.9
Other, net	5.8			—			(6.3		)	(0.5		)
Transactions with affiliates, net	521.1			(696.7		)	175.6			—
Net cash provided by (used in) financing activities	445.4			(696.7		)	161.1			(90.2		)
Net change in cash and cash equivalents	112.9			(0.1		)	265.9			378.7
Cash and cash equivalents at beginning of period	368.4			0.2			620.2			988.8
Cash and cash equivalents at end of period	$	481.3		$	0.1		$	886.1		$	1,367.5