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Coal Trading (Details) (USD $)
In Millions
3 Months Ended9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Sep. 30, 2011
Sep. 30, 2010
Dec. 31, 2010
Fair value of financial asset (liability) positions measured on a recurring basis     
Assets from coal trading activities, Net Basis$ 66.0 $ 66.0 $ 192.5
Liabilities from coal trading activities, Net Basis(62.6) (62.6) (181.7)
Coal Trading [Member] | Commodity swaps and options [Member]
     
Trading revenue     
Trading revenue(0.6)38.9(26.6)29.5 
Coal Trading [Member] | Physical commodity purchase / sale contracts [Member]
     
Trading revenue     
Trading revenue29.623.260.9141.5 
Coal Trading [Member]
     
Trading revenue     
Trading revenue29.062.134.3171.0 
Fair value of financial asset (liability) positions measured on a recurring basis     
Assets from coal trading activities, Gross Basis590.5 590.5 1,706.2
Assets from coal trading activities, Net Basis66.0 66.0 192.5
Liabilities from coal trading activities, Gross Basis(660.5) (660.5) (1,843.5)
Liabilities from coal trading activities, Net Basis(62.6) (62.6) (181.7)
Subtotal, Gross Basis(70.0) (70.0) (137.3)
Subtotal, Net Basis3.4 3.4 10.8
Net margin posted, Gross Basis(73.4)[1] (73.4)[1] (148.1)[1]
Net margin posted, Net Basis0[1] 0[1] 0[1]
Net value of coal trading positions, Gross Basis3.4 3.4 10.8
Net value of coal trading positions, Net Basis$ 3.4 $ 3.4 $ 10.8
[1]Represents margin posted with counterparties and exchanges of $73.4 million at September 30, 2011; and margin posted with counterparties and exchanges of $148.2 million, net of margin held of $0.1 million, at December 31, 2010. In addition, at December 31, 2010, the Company held letters of credit of $5.0 million from counterparties in lieu of margin posted. Of the margin posted at September 30, 2011, approximately 94% related to cash flow hedges.