Supplemental Guarantor/Non-Guarantor Financial Information (Tables)

9 Months Ended

Sep. 30, 2012

Supplemental Guarantor Non Guarantor Financial Information [Abstract]

Unaudited Supplemental Condensed Consolidating Statements of Operations

Unaudited Supplemental Condensed Consolidating Statements of Income



	Three Months Ended September 30, 2012
	Parent Company			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
	(Dollars in millions)
Total revenues	$	—		$	1,336.9		$	778.3		$	(56.4	)	$	2,058.8
Costs and expenses
Operating costs and expenses	(95.6		)	882.8			778.2			(56.4		)	1,509.0
Depreciation, depletion and amortization	—			84.8			87.7			—			172.5
Asset retirement obligation expenses	—			11.8			9.3			—			21.1
Selling and administrative expenses	8.3			54.5			5.9			—			68.7
Other operating (income) loss:
Net (gain) loss on disposal or exchange of assets	—			(1.4		)	1.2			—			(0.2		)
(Income) loss from equity affiliates	(117.0		)	1.9			19.3			117.0			21.2
Interest expense	101.8			5.8			124.4			(132.6		)	99.4
Interest income	(72.9		)	(46.8		)	(18.0		)	132.6			(5.1		)
Unrealized (gain) loss on derivatives	—			(112.3		)	112.3			—			—
Income (loss) from continuing operations before income taxes	175.4			455.8			(342.0		)	(117.0		)	172.2
Income tax provision (benefit)	131.8			101.7			(184.2		)	—			49.3
Income (loss) from continuing operations, net of income taxes	43.6			354.1			(157.8		)	(117.0		)	122.9
Loss from discontinued operations, net of income taxes	(0.7		)	(75.9		)	(4.7		)	—			(81.3		)
Net income (loss)	42.9			278.2			(162.5		)	(117.0		)	41.6
Less: Net loss attributable to noncontrolling interests	—			—			(1.3		)	—			(1.3		)
Net income (loss) attributable to common stockholders	$	42.9		$	278.2		$	(161.2	)	$	(117.0	)	$	42.9
Comprehensive income (loss) attributable to common stockholders	$	119.3		$	291.7		$	(175.8	)	$	(115.9	)	$	119.3

Unaudited Supplemental Condensed Consolidating Statements of Income



	Three Months Ended September 30, 2011
	Parent Company			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
	(Dollars in millions)
Total revenues	$	—		$	1,213.3		$	811.3		$	(44.0	)	$	1,980.6
Costs and expenses
Operating costs and expenses	(99.3		)	905.0			637.7			(44.0		)	1,399.4
Depreciation, depletion and amortization	—			69.6			38.8			—			108.4
Asset retirement obligation expenses	—			11.0			3.6			—			14.6
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			165.8			130.2			(252.5		)	330.4
Income tax provision (benefit)	12.9			46.7			(20.4		)	—			39.2
Income from continuing operations, net of income taxes	274.0			119.1			150.6			(252.5		)	291.2
Income (loss) from discontinued operations, net of income taxes	0.1			(7.7		)	(2.1		)	—			(9.7		)
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
Comprehensive income attributable to common stockholders	$	82.4		$	121.5		$	205.2		$	(326.7	)	$	82.4

Unaudited Supplemental Condensed Consolidating Statements of Income



	Nine Months Ended September 30, 2012
	Parent Company			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
	(Dollars in millions)
Total revenues	$	—		$	3,539.2		$	2,694.4		$	(173.0	)	$	6,060.6
Costs and expenses
Operating costs and expenses	(313.2		)	2,546.9			2,336.1			(173.0		)	4,396.8
Depreciation, depletion and amortization	—			232.0			238.7			—			470.7
Asset retirement obligation expenses	—			34.7			18.6			—			53.3
Selling and administrative expenses	29.2			154.5			18.7			—			202.4
Other operating (income) loss:
Net gain on disposal or exchange of assets	—			(6.3		)	(1.3		)	—			(7.6		)
(Income) loss from equity affiliates	(407.9		)	5.7			44.8			407.9			50.5
Interest expense	312.1			12.9			350.3			(367.0		)	308.3
Interest income	(224.3		)	(112.6		)	(49.8		)	367.0			(19.7		)
Unrealized (gain) loss on derivatives	—			(69.6		)	69.6			—			—
Income (loss) from continuing operations before income taxes	604.1			741.0			(331.3		)	(407.9		)	605.9
Income tax provision (benefit)	182.7			155.3			(252.5		)	—			85.5
Income (loss) from continuing operations, net of income taxes	421.4			585.7			(78.8		)	(407.9		)	520.4
Loss from discontinued operations, net of income taxes	(1.1		)	(78.0		)	(13.6		)	—			(92.7		)
Net income (loss)	420.3			507.7			(92.4		)	(407.9		)	427.7
Less: Net income attributable to noncontrolling interests	—			—			7.4			—			7.4
Net income (loss) attributable to common stockholders	$	420.3		$	507.7		$	(99.8	)	$	(407.9	)	$	420.3
Comprehensive income attributable to common stockholders	$	585.9		$	548.6		$	34.4		$	(583.0	)	$	585.9

Unaudited Supplemental Condensed Consolidating Statements of Income



	Nine Months Ended September 30, 2011
	Parent Company			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
	(Dollars in millions)
Total revenues	$	—		$	3,427.8		$	2,456.5		$	(218.2	)	$	5,666.1
Costs and expenses
Operating costs and expenses	(289.3		)	2,619.7			1,846.5			(218.2		)	3,958.7
Depreciation, depletion and amortization	—			210.5			107.1			—			317.6
Asset retirement obligation expenses	—			30.7			12.6			—			43.3
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			7.5			(51.3		)	159.1
Interest income	(12.8		)	(15.8		)	(34.4		)	51.3			(11.7		)
Income from continuing operations before income taxes	779.2			417.0			498.2			(664.3		)	1,030.1
Income tax provision	43.1			109.0			86.7			—			238.8
Income from continuing operations, net of income taxes	736.1			308.0			411.5			(664.3		)	791.3
Loss from discontinued operations, net of income taxes	(0.7		)	(6.3		)	(31.9		)	—			(38.9		)
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
Comprehensive income attributable to common stockholders	$	664.2		$	337.3		$	405.8		$	(743.1	)	$	664.2

Unaudited Supplemental Condensed Consolidating Balance Sheet

Unaudited Supplemental Condensed Consolidating Balance Sheets



	September 30, 2012
	Parent Company			Guarantor Subsidiaries			Non-Guarantor Subsidiaries		Reclassifications/ Eliminations			Consolidated
	(Dollars in millions)
Assets
Current assets
Cash and cash equivalents	$	237.9		$	0.2		$	409.9	$	—		$	648.0
Accounts receivable, net	5.4			72.1			604.7		—			682.2
Inventories	—			257.4			297.5		—			554.9
Assets from coal trading activities, net	—			9.6			46.6		—			56.2
Deferred income taxes	—			69.6			—		(53.8		)	15.8
Other current assets	317.7			23.3			356.6		—			697.6
Total current assets	561.0			432.2			1,715.3		(53.8		)	2,654.7
Property, plant, equipment and mine development, net	—			5,130.5			7,380.6		—			12,511.1
Investments and other assets	10,700.6			106.0			936.0		(10,058.0		)	1,684.6
Total assets	$	11,261.6		$	5,668.7		$	10,031.9	$	(10,111.8	)	$	16,850.4

Liabilities and Stockholders’ Equity
Current liabilities
Current maturities of long-term debt	$	75.0		$	—		$	49.8	$	—		$	124.8
Payables to (receivables from) affiliates, net	2,272.8			(2,576.6		)	303.8		—			—
Liabilities from coal trading activities, net	—			9.7			10.2		—			19.9
Deferred income taxes	11.6			—			42.2		(53.8		)	—
Accounts payable and accrued expenses	121.1			704.1			819.9		—			1,645.1
Total current liabilities	2,480.5			(1,862.8		)	1,225.9		(53.8		)	1,789.8
Long-term debt, less current maturities	6,132.7			6.6			99.0		—			6,238.3
Deferred income taxes	66.6			126.0			192.4		—			385.0
Notes (receivable from) payable to affiliates, net	(3,421.3		)	(1,097.4		)	4,518.7		—			—
Other noncurrent liabilities	58.5			1,975.4			426.4		—			2,460.3
Total liabilities	5,317.0			(852.2		)	6,462.4		(53.8		)	10,873.4
Peabody Energy Corporation’s stockholders’ equity	5,944.6			6,520.9			3,537.1		(10,058.0		)	5,944.6
Noncontrolling interests	—			—			32.4		—			32.4
Total stockholders’ equity	5,944.6			6,520.9			3,569.5		(10,058.0		)	5,977.0
Total liabilities and stockholders’ equity	$	11,261.6		$	5,668.7		$	10,031.9	$	(10,111.8	)	$	16,850.4

Supplemental Condensed Consolidating Balance Sheets



	December 31, 2011
	Parent Company			Guarantor Subsidiaries			Non-Guarantor Subsidiaries		Reclassifications/ Eliminations			Consolidated
	(Dollars in millions)
Assets
Current assets
Cash and cash equivalents	$	283.2		$	0.8		$	515.1	$	—		$	799.1
Accounts receivable, net	5.3			100.8			816.4		—			922.5
Inventories	—			218.1			226.3		—			444.4
Assets from coal trading activities, net	—			14.9			29.7		—			44.6
Deferred income taxes	—			48.0			—		(20.7		)	27.3
Other current assets	305.1			100.7			362.2		—			768.0
Total current assets	593.6			483.3			1,949.7		(20.7		)	3,005.9
Property, plant, equipment and mine development, net	—			4,797.7			6,453.9		—			11,251.6
Investments and other assets	10,300.8			310.8			1,496.1		(9,632.2		)	2,475.5
Total assets	$	10,894.4		$	5,591.8		$	9,899.7	$	(9,652.9	)	$	16,733.0

Liabilities and Stockholders’ Equity
Current liabilities
Current maturities of long-term debt	$	62.5		$	—		$	38.6	$	—		$	101.1
Payables to (receivables from) affiliates, net	2,417.8			(2,529.1		)	111.3		—			—
Liabilities from coal trading activities, net	—			4.2			6.1		—			10.3
Deferred income taxes	11.6			—			9.1		(20.7		)	—
Accounts payable and accrued expenses	69.4			868.8			774.1		—			1,712.3
Total current liabilities	2,561.3			(1,656.1		)	939.2		(20.7		)	1,823.7
Long-term debt, less current maturities	6,428.8			—			127.6		—			6,556.4
Deferred income taxes	76.0			95.3			351.9		—			523.2
Notes (receivable from) payable to affiliates, net	(3,720.0		)	(981.5		)	4,701.5		—			—
Other noncurrent liabilities	63.2			1,923.6			327.1		—			2,313.9
Total liabilities	5,409.3			(618.7		)	6,447.3		(20.7		)	11,217.2
Peabody Energy Corporation’s stockholders’ equity	5,485.1			6,210.5			3,421.7		(9,632.2		)	5,485.1
Noncontrolling interests	—			—			30.7		—			30.7
Total stockholders’ equity	5,485.1			6,210.5			3,452.4		(9,632.2		)	5,515.8
Total liabilities and stockholders’ equity	$	10,894.4		$	5,591.8		$	9,899.7	$	(9,652.9	)	$	16,733.0

Unaudited Supplemental Condensed Consolidating Statements of Cash Flows



	Nine Months Ended September 30, 2012
	Parent Company			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Consolidated
	(Dollars in millions)
Cash Flows From Operating Activities
Net cash provided by (used in) continuing operations	$	252.2		$	1,225.0		$	(103.5	)	$	1,373.7
Net cash used in discontinued operations	(1.6		)	(8.0		)	(72.6		)	(82.2		)
Net cash provided by (used in) operating activities	250.6			1,217.0			(176.1		)	1,291.5
Cash Flows From Investing Activities
Additions to property, plant, equipment and mine development	—			(188.3		)	(543.8		)	(732.1		)
Federal coal lease expenditures	—			(247.9		)	—			(247.9		)
Investment in Prairie State Energy Campus	—			(9.4		)	—			(9.4		)
Proceeds from disposal of assets	—			59.3			34.2			93.5
Proceeds from sales and maturities of debt and equity securities	—			—			39.0			39.0
Purchases of debt and equity securities	—			—			(23.8		)	(23.8		)
Contributions to joint ventures	—			—			(531.2		)	(531.2		)
Distributions from joint ventures	—			—			527.7			527.7
Repayments of loans from related parties	—			—			720.2			720.2
Advances to related parties	—			—			(743.4		)	(743.4		)
Other, net	—			(3.0		)	(0.2		)	(3.2		)
Net cash used in continuing operations	—			(389.3		)	(521.3		)	(910.6		)
Net cash used in discontinued operations	—			(1.9		)	(9.3		)	(11.2		)
Net cash used in investing activities	—			(391.2		)	(530.6		)	(921.8		)
Cash Flows From Financing Activities
Payments of long-term debt	(285.3		)	(0.3		)	(20.1		)	(305.7		)
Common stock repurchase	(99.9		)	—			—			(99.9		)
Acquisition of MCG Coal Holdings Pty Ltd noncontrolling interests	—			—			(49.8		)	(49.8		)
Dividends paid	(69.1		)	—			—			(69.1		)
Repurchase of employee common stock relinquished for tax withholding	(8.3		)	—			—			(8.3		)
Excess tax benefits related to share-based compensation	3.6			—			—			3.6
Other, net	9.4			—			(1.0		)	8.4
Transactions with affiliates, net	153.7			(826.1		)	672.4			—
Net cash (used in) provided by financing activities	(295.9		)	(826.4		)	601.5			(520.8		)
Net change in cash and cash equivalents	(45.3		)	(0.6		)	(105.2		)	(151.1		)
Cash and cash equivalents at beginning of period	283.2			0.8			515.1			799.1
Cash and cash equivalents at end of period	$	237.9		$	0.2		$	409.9		$	648.0

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		$	718.3		$	353.7		$	1,216.7
Net cash (used in) provided by discontinued operations	(1.6		)	1.2			(25.8		)	(26.2		)
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	—			(211.1		)	(342.3		)	(553.4		)
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 and maturities 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		)
Proceeds from sale 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 continuing operations	—			(277.7		)	(416.3		)	(694.0		)
Net cash used in discontinued operations	—			(7.5		)	(55.3		)	(62.8		)
Net cash used in investing activities	—			(285.2		)	(471.6		)	(756.8		)
Cash Flows From Financing Activities
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		)
Excess tax benefits related to share-based compensation	6.1			—			—			6.1
Other, net	6.8			—			(6.6		)	0.2
Transactions with affiliates, net	220.2			(438.5		)	218.3			—
Net cash (used in) provided by 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