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Segment Information (Tables)
9 Months Ended
Sep. 30, 2014
Segment Reporting [Abstract]  
Reportable segment results
Reportable segment results were as follows:
 
 
Three Months Ended
 
Nine Months Ended
 
 
September 30,
 
September 30,
 
 
2014
 
2013
 
2014
 
2013
 
 
(Dollars in millions)
Revenues:
 
 
 
 
 
 
 
 
Australian Mining
 
$
676.3

 
$
705.3

 
$
1,995.5

 
$
2,188.1

Western U.S. Mining
 
711.1

 
705.4

 
2,119.7

 
1,986.4

Midwestern U.S. Mining
 
312.9

 
346.6

 
920.5

 
1,013.3

Trading and Brokerage
 
15.0

 
32.1

 
46.3

 
54.6

Corporate and Other
 
7.6

 
8.2

 
25.7

 
28.5

Total
 
$
1,722.9

 
$
1,797.6

 
$
5,107.7

 
$
5,270.9

 
 
 
 
 
 
 
 
 
Adjusted EBITDA:
 
 
 
 
 
 
 
 
Australian Mining
 
$
16.9

 
$
74.8

 
$
30.9

 
$
287.7

Western U.S. Mining
 
194.8

 
193.5

 
590.7

 
508.9

Midwestern U.S. Mining
 
86.8

 
112.4

 
235.4

 
331.5

Trading and Brokerage
 
3.3

 
17.2

 
7.7

 
(7.8
)
Corporate and Other
 
(85.5
)
 
(85.9
)
 
(258.4
)
 
(273.9
)
Total
 
$
216.3

 
$
312.0

 
$
606.3

 
$
846.4

Reconciliation of Adjusted EBITDA to consolidated (loss) income from continuing operations, net of income taxes
A reconciliation of Adjusted EBITDA to consolidated (loss) income from continuing operations, net of income taxes follows:
 
 
Three Months Ended
 
Nine Months Ended
 
 
September 30,
 
September 30,
 
 
2014
 
2013
 
2014
 
2013
 
 
(Dollars in millions)
Adjusted EBITDA
 
$
216.3

 
$
312.0

 
$
606.3

 
$
846.4

Depreciation, depletion and amortization
 
(163.6
)
 
(186.4
)
 
(483.9
)
 
(542.8
)
Asset impairment
 

 

 

 
(21.5
)
Amortization of basis difference related to equity affiliates
 
(1.5
)
 

 
(4.0
)
 
(4.0
)
Asset retirement obligation expenses
 
(15.0
)
 
(13.4
)
 
(46.5
)
 
(50.7
)
Interest expense
 
(114.5
)
 
(111.0
)
 
(323.0
)
 
(323.1
)
Interest income
 
3.7

 
4.2

 
11.7

 
11.2

Income tax (provision) benefit
 
(79.4
)
 
18.6

 
(30.9
)
 
199.6

(Loss) income from continuing operations, net of income taxes
 
$
(154.0
)
 
$
24.0

 
$
(270.3
)
 
$
115.1