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Segment Information (Tables)
9 Months Ended
Sep. 30, 2013
Segment Reporting [Abstract]  
Operating segment results
Reportable segment results were as follows:
 
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
 
2013
 
2012
 
2013
 
2012
 
 
(Dollars in millions)
Revenues:
 
 
 
 
 
 
 
 
Australian Mining
 
$
705.3

 
$
866.0

 
$
2,188.1

 
$
2,605.0

Western U.S. Mining
 
705.4

 
783.5

 
1,986.4

 
2,213.5

Midwestern U.S. Mining
 
346.6

 
355.7

 
1,013.3

 
1,050.3

Trading and Brokerage
 
32.1

 
45.6

 
54.6

 
173.7

Corporate and Other
 
8.2

 
8.0

 
28.5

 
18.1

Total
 
$
1,797.6

 
$
2,058.8

 
$
5,270.9

 
$
6,060.6

 
 
 
 
 
 
 
 
 
Adjusted EBITDA:
 
 
 
 
 
 
 
 
Australian Mining
 
$
74.8

 
$
221.4

 
$
287.7

 
$
757.4

Western U.S. Mining
 
193.5

 
243.9

 
508.9

 
616.3

Midwestern U.S. Mining
 
112.4

 
103.5

 
331.5

 
317.4

Trading and Brokerage
 
17.2

 
35.7

 
(7.8
)
 
109.2

Corporate and Other
 
(85.9
)
 
(136.9
)
 
(273.9
)
 
(371.1
)
Total
 
$
312.0

 
$
467.6

 
$
846.4

 
$
1,429.2

Reconciliation of Adjusted EBITDA to consolidated (loss) income from continuing operations, net of income taxes
A reconciliation of Adjusted EBITDA to consolidated income from continuing operations, net of income taxes follows:
 
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
 
2013
 
2012
 
2013
 
2012
 
 
(Dollars in millions)
Total Adjusted EBITDA
 
$
312.0

 
$
467.6

 
$
846.4

 
$
1,429.2

Depreciation, depletion and amortization
 
186.4

 
172.5

 
542.8

 
470.7

Asset impairment
 

 
7.7

 
21.5

 
7.7

Amortization of basis difference related to equity affiliates
 

 
(0.2
)
 
4.0

 
3.0

Asset retirement obligation expenses
 
13.4

 
21.1

 
50.7

 
53.3

Interest expense
 
111.0

 
99.4

 
323.1

 
308.3

Interest income
 
(4.2
)
 
(5.1
)
 
(11.2
)
 
(19.7
)
Income tax (benefit) provision
 
(18.6
)
 
49.3

 
(199.6
)
 
85.5

Income from continuing operations, net of income taxes
 
$
24.0

 
$
122.9

 
$
115.1

 
$
520.4