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Segment Information (Tables)
3 Months Ended
Mar. 31, 2014
Segment Reporting [Abstract]  
Operating segment results
Reportable segment results were as follows:
 
 
Three Months Ended March 31,
 
 
2014
 
2013
 
 
(Dollars in millions)
Revenues:
 
 
 
 
Australian Mining
 
$
611.8

 
$
738.0

Western U.S. Mining
 
682.0

 
640.1

Midwestern U.S. Mining
 
303.0

 
336.7

Trading and Brokerage
 
21.0

 
25.9

Corporate and Other
 
9.0

 
7.3

Total
 
$
1,626.8

 
$
1,748.0

 
 
 
 
 
Adjusted EBITDA:
 
 
 
 
Australian Mining
 
$
1.8

 
$
100.4

Western U.S. Mining
 
173.9

 
160.5

Midwestern U.S. Mining
 
78.7

 
112.3

Trading and Brokerage
 
(1.9
)
 
16.0

Corporate and Other
 
(75.6
)
 
(109.1
)
Total
 
$
176.9

 
$
280.1

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 March 31,
 
 
2014
 
2013
 
 
(Dollars in millions)
Total Adjusted EBITDA
 
$
176.9

 
$
280.1

Depreciation, depletion and amortization
 
(157.2
)
 
(170.7
)
Amortization of basis difference related to equity affiliates
 
(1.2
)
 
(1.6
)
Asset retirement obligation expenses
 
(15.6
)
 
(19.0
)
Interest expense
 
(103.3
)
 
(101.3
)
Interest income
 
3.6

 
5.9

Income tax benefit (provision)
 
52.5

 
(3.7
)
Loss from continuing operations, net of income taxes
 
$
(44.3
)
 
$
(10.3
)