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Income Taxes (Details 3) (USD $)
In Millions, unless otherwise specified
Dec. 31, 2012
Dec. 31, 2011
Deferred tax assets:    
Tax credits and loss carryforwards $ 1,390.1 $ 432.8
Minerals resource rent tax 689.7 0
Postretirement benefit obligations 473.3 485.4
Intangible tax asset and purchased contract rights 7.9 13.4
Accrued reclamation and mine closing liabilities 137.9 112.9
Accrued long-term workers’ compensation liabilities 15.7 15.6
Employee benefits 64.7 53.3
Financial guarantees 18.6 18.5
Other 56.5 57.8
Total gross deferred tax assets 2,854.4 1,189.7
Deferred tax liabilities:    
Property, plant, equipment and mine development, leased coal interests and advance royalties, principally due to differences in depreciation, depletion and asset writedowns 1,596.9 1,318.0
Unamortized discount on Convertible Junior Subordinated Debentures 132.8 132.5
Hedge activities 37.5 45.5
Investments and other assets 126.3 109.8
Total gross deferred tax liabilities 1,893.5 1,605.8
Valuation allowance, income tax (714.9) (79.8)
Valuation allowance mineral resource rent tax (766.9) 0
Net deferred tax liability (520.9) (495.9)
Deferred taxes are classified as follows:    
Current deferred income taxes 56.4 27.3
Noncurrent deferred income taxes (577.3) (523.2)
Net deferred tax liability $ (520.9) $ (495.9)