XML 48 R87.htm IDEA: XBRL DOCUMENT v2.4.1.9
Income Taxes (Details 3) (USD $)
In Millions, unless otherwise specified
Dec. 31, 2014
Dec. 31, 2013
Deferred tax assets:    
Tax credits and loss carryforwards $ 1,723.5us-gaap_DeferredTaxAssetsOperatingLossCarryforwards $ 1,558.0us-gaap_DeferredTaxAssetsOperatingLossCarryforwards
Minerals resource rent tax 0btu_MineralsResourceRentTax 993.2btu_MineralsResourceRentTax
Accrued postretirement benefit obligations 372.3us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsPostretirementBenefits 309.9us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsPostretirementBenefits
Asset retirement obligations 167.0us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAssetRetirementObligations 141.6us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAssetRetirementObligations
Employee benefits 70.7us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeBenefits 88.5us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeBenefits
Payable to voluntary employee beneficiary association for certain Patriot retirees 79.2btu_DeferredTaxAssetPaymentstotheVEBAtosettletheaccumulatedpostretirementhealthcarebenefitobligations [1] 84.4btu_DeferredTaxAssetPaymentstotheVEBAtosettletheaccumulatedpostretirementhealthcarebenefitobligations [1]
Hedge activities 44.2us-gaap_DeferredTaxAssetsDerivativeInstruments 0us-gaap_DeferredTaxAssetsDerivativeInstruments
Environmental contingencies 29.9us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsContingencies 23.6us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsContingencies
Deferred revenue 29.1us-gaap_DeferredTaxAssetsDeferredIncome 3.2us-gaap_DeferredTaxAssetsDeferredIncome
Financial guarantees 16.9btu_DeferredTaxAssetsFinancialGuarantee 16.9btu_DeferredTaxAssetsFinancialGuarantee
Workers' compensation obligations 6.2us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeCompensation 10.4us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeCompensation
Other 50.5us-gaap_DeferredTaxAssetsOther 31.5us-gaap_DeferredTaxAssetsOther
Total gross deferred tax assets 2,589.5us-gaap_DeferredTaxAssetsGross 3,261.2us-gaap_DeferredTaxAssetsGross
Deferred tax liabilities:    
Property, plant, equipment and mine development, principally due to differences in depreciation, depletion and asset impairments 1,223.4us-gaap_DeferredTaxLiabilitiesPropertyPlantAndEquipment 1,322.3us-gaap_DeferredTaxLiabilitiesPropertyPlantAndEquipment
Unamortized discount on Convertible Junior Subordinated Debentures 131.0us-gaap_DeferredTaxLiabilitiesFinancingArrangements 131.8us-gaap_DeferredTaxLiabilitiesFinancingArrangements
Hedge activities 0us-gaap_DeferredTaxLiabilitiesDerivatives 11.4us-gaap_DeferredTaxLiabilitiesDerivatives
Investments and other assets 73.4btu_DeferredTaxLiabilitiesInvestmentsAndOtherAssets 82.0btu_DeferredTaxLiabilitiesInvestmentsAndOtherAssets
Other 1.1us-gaap_DeferredTaxLiabilitiesOther 46.3us-gaap_DeferredTaxLiabilitiesOther
Total gross deferred tax liabilities 1,428.9us-gaap_DeferredTaxLiabilities 1,593.8us-gaap_DeferredTaxLiabilities
Valuation allowance, income tax (1,169.0)us-gaap_DeferredTaxAssetsValuationAllowance (656.4)us-gaap_DeferredTaxAssetsValuationAllowance
Valuation allowance, mineral resource rent tax 0btu_ValuationAllowanceMineralResourceRentTax (977.7)btu_ValuationAllowanceMineralResourceRentTax
Net deferred tax (liability) asset (8.4)us-gaap_DeferredTaxAssetsLiabilitiesNet 33.3us-gaap_DeferredTaxAssetsLiabilitiesNet
Deferred taxes are classified as follows:    
Current deferred income taxes 80.0us-gaap_DeferredTaxAssetsNetCurrent 66.4us-gaap_DeferredTaxAssetsNetCurrent
Noncurrent deferred income taxes (88.4)us-gaap_DeferredIncomeTaxesAndOtherTaxLiabilitiesNoncurrent (33.1)us-gaap_DeferredIncomeTaxesAndOtherTaxLiabilitiesNoncurrent
Net deferred tax (liability) asset $ (8.4)us-gaap_DeferredTaxAssetsLiabilitiesNet $ 33.3us-gaap_DeferredTaxAssetsLiabilitiesNet
[1] Refer to Note 25. "Matters Related to the Bankruptcy Reorganization of Patriot Coal Corporation" herein for additional details related to this transaction.