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Coal Trading (Details 1) (USD $)
In Millions, unless otherwise specified
3 Months Ended 12 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Mar. 31, 2016
Dec. 31, 2014
Coal Trading (Textuals) [Abstract]        
Fair value hierarchy transfers from Level 1 to Level 2 $ 0us-gaap_FairValueAssetsLevel1ToLevel2TransfersAmount $ 0us-gaap_FairValueAssetsLevel1ToLevel2TransfersAmount    
Fair value hierarchy transfers from Level 2 to Level 1 0us-gaap_FairValueAssetsLevel2ToLevel1TransfersAmount 0us-gaap_FairValueAssetsLevel2ToLevel1TransfersAmount    
Coal Trading [Member]        
Coal Trading (Textuals) [Abstract]        
Cash flow hedge derivative instrument assets at fair value 39.3us-gaap_CashFlowHedgeDerivativeInstrumentAssetsAtFairValue
/ us-gaap_TradingActivityByTypeAxis
= btu_CoalTradingMember
    44.3us-gaap_CashFlowHedgeDerivativeInstrumentAssetsAtFairValue
/ us-gaap_TradingActivityByTypeAxis
= btu_CoalTradingMember
Fair value hierarchy transfers from Level 1 to Level 2 0us-gaap_FairValueAssetsLevel1ToLevel2TransfersAmount
/ us-gaap_TradingActivityByTypeAxis
= btu_CoalTradingMember
0us-gaap_FairValueAssetsLevel1ToLevel2TransfersAmount
/ us-gaap_TradingActivityByTypeAxis
= btu_CoalTradingMember
   
Fair value hierarchy transfers from Level 2 to Level 1 0us-gaap_FairValueAssetsLevel2ToLevel1TransfersAmount
/ us-gaap_TradingActivityByTypeAxis
= btu_CoalTradingMember
0us-gaap_FairValueAssetsLevel2ToLevel1TransfersAmount
/ us-gaap_TradingActivityByTypeAxis
= btu_CoalTradingMember
   
Fair value hierarchy transfers into (out of) Level 3 0us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersNet
/ us-gaap_TradingActivityByTypeAxis
= btu_CoalTradingMember
0us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersNet
/ us-gaap_TradingActivityByTypeAxis
= btu_CoalTradingMember
   
Changes in the Company's recurring Level 3 net financial assets        
Beginning of period 2.1us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
/ us-gaap_TradingActivityByTypeAxis
= btu_CoalTradingMember
2.1us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
/ us-gaap_TradingActivityByTypeAxis
= btu_CoalTradingMember
   
Total net gains (losses) realized/unrealized:        
Included in earnings 0.5us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1
/ us-gaap_TradingActivityByTypeAxis
= btu_CoalTradingMember
1.8us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1
/ us-gaap_TradingActivityByTypeAxis
= btu_CoalTradingMember
   
Settlements (0.4)us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchasesSalesIssuancesSettlements
/ us-gaap_TradingActivityByTypeAxis
= btu_CoalTradingMember
(1.7)us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchasesSalesIssuancesSettlements
/ us-gaap_TradingActivityByTypeAxis
= btu_CoalTradingMember
   
End of period 2.2us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
/ us-gaap_TradingActivityByTypeAxis
= btu_CoalTradingMember
2.2us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
/ us-gaap_TradingActivityByTypeAxis
= btu_CoalTradingMember
   
Changes in net unrealized gains relating to Level 3 net financial assets held both as of the beginning and the end of the period:        
Changes in net unrealized gains 0.5us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss
/ us-gaap_TradingActivityByTypeAxis
= btu_CoalTradingMember
[1] 0.2us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss
/ us-gaap_TradingActivityByTypeAxis
= btu_CoalTradingMember
[1]    
Schedule of future realization of trading portfolio        
2015 58.00%btu_PercentageOfTradingPortfolioExpirationYearOne
/ us-gaap_TradingActivityByTypeAxis
= btu_CoalTradingMember
     
2016 39.00%btu_PercentageOfTradingPortfolioExpirationYearTwo
/ us-gaap_TradingActivityByTypeAxis
= btu_CoalTradingMember
     
2017 2.00%btu_PercentageOfTradingPortfolioExpirationYearThree
/ us-gaap_TradingActivityByTypeAxis
= btu_CoalTradingMember
     
2018 1.00%btu_PercentageOfTradingPortfolioExpirationYearFour
/ us-gaap_TradingActivityByTypeAxis
= btu_CoalTradingMember
     
Percentage of trading portfolio expiration, total 100.00%btu_PercentageOfTradingPortfolioExpiration
/ us-gaap_TradingActivityByTypeAxis
= btu_CoalTradingMember
     
Fair Value, Measurements, Recurring [Member] | Coal Trading [Member]        
Fair value coal trading net assets (liabilities) measured on recurring basis:        
Commodity futures, swaps and options 33.7btu_CommoditySwapsAndOptionsFairValueDisclosure
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
/ us-gaap_TradingActivityByTypeAxis
= btu_CoalTradingMember
    32.4btu_CommoditySwapsAndOptionsFairValueDisclosure
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
/ us-gaap_TradingActivityByTypeAxis
= btu_CoalTradingMember
Physical commodity purchase/sale contracts (10.0)btu_PhysicalCommodityPurchaseSaleContractsFairValueDisclosure
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
/ us-gaap_TradingActivityByTypeAxis
= btu_CoalTradingMember
    (7.5)btu_PhysicalCommodityPurchaseSaleContractsFairValueDisclosure
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
/ us-gaap_TradingActivityByTypeAxis
= btu_CoalTradingMember
Total net financial liabilities 23.7btu_CoalTradingAssetsAndLiabilitiesNetFairValueDisclosure
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
/ us-gaap_TradingActivityByTypeAxis
= btu_CoalTradingMember
    24.9btu_CoalTradingAssetsAndLiabilitiesNetFairValueDisclosure
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
/ us-gaap_TradingActivityByTypeAxis
= btu_CoalTradingMember
Level 1 [Member] | Fair Value, Measurements, Recurring [Member] | Coal Trading [Member]        
Fair value coal trading net assets (liabilities) measured on recurring basis:        
Commodity futures, swaps and options (1.4)btu_CommoditySwapsAndOptionsFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
/ us-gaap_TradingActivityByTypeAxis
= btu_CoalTradingMember
    (0.2)btu_CommoditySwapsAndOptionsFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
/ us-gaap_TradingActivityByTypeAxis
= btu_CoalTradingMember
Physical commodity purchase/sale contracts 0btu_PhysicalCommodityPurchaseSaleContractsFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
/ us-gaap_TradingActivityByTypeAxis
= btu_CoalTradingMember
    0btu_PhysicalCommodityPurchaseSaleContractsFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
/ us-gaap_TradingActivityByTypeAxis
= btu_CoalTradingMember
Total net financial liabilities (1.4)btu_CoalTradingAssetsAndLiabilitiesNetFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
/ us-gaap_TradingActivityByTypeAxis
= btu_CoalTradingMember
    (0.2)btu_CoalTradingAssetsAndLiabilitiesNetFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
/ us-gaap_TradingActivityByTypeAxis
= btu_CoalTradingMember
Level 2 [Member] | Fair Value, Measurements, Recurring [Member] | Coal Trading [Member]        
Fair value coal trading net assets (liabilities) measured on recurring basis:        
Commodity futures, swaps and options 35.1btu_CommoditySwapsAndOptionsFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
/ us-gaap_TradingActivityByTypeAxis
= btu_CoalTradingMember
    32.6btu_CommoditySwapsAndOptionsFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
/ us-gaap_TradingActivityByTypeAxis
= btu_CoalTradingMember
Physical commodity purchase/sale contracts (12.2)btu_PhysicalCommodityPurchaseSaleContractsFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
/ us-gaap_TradingActivityByTypeAxis
= btu_CoalTradingMember
    (9.6)btu_PhysicalCommodityPurchaseSaleContractsFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
/ us-gaap_TradingActivityByTypeAxis
= btu_CoalTradingMember
Total net financial liabilities 22.9btu_CoalTradingAssetsAndLiabilitiesNetFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
/ us-gaap_TradingActivityByTypeAxis
= btu_CoalTradingMember
    23.0btu_CoalTradingAssetsAndLiabilitiesNetFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
/ us-gaap_TradingActivityByTypeAxis
= btu_CoalTradingMember
Level 3 [Member] | Fair Value, Measurements, Recurring [Member] | Coal Trading [Member]        
Fair value coal trading net assets (liabilities) measured on recurring basis:        
Commodity futures, swaps and options 0btu_CommoditySwapsAndOptionsFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
/ us-gaap_TradingActivityByTypeAxis
= btu_CoalTradingMember
    0btu_CommoditySwapsAndOptionsFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
/ us-gaap_TradingActivityByTypeAxis
= btu_CoalTradingMember
Physical commodity purchase/sale contracts 2.2btu_PhysicalCommodityPurchaseSaleContractsFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
/ us-gaap_TradingActivityByTypeAxis
= btu_CoalTradingMember
    2.1btu_PhysicalCommodityPurchaseSaleContractsFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
/ us-gaap_TradingActivityByTypeAxis
= btu_CoalTradingMember
Total net financial liabilities 2.2btu_CoalTradingAssetsAndLiabilitiesNetFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
/ us-gaap_TradingActivityByTypeAxis
= btu_CoalTradingMember
    2.1btu_CoalTradingAssetsAndLiabilitiesNetFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
/ us-gaap_TradingActivityByTypeAxis
= btu_CoalTradingMember
Minimum [Member] | Coal Trading [Member]        
Summary of quantitative unobservable inputs related to coal trading Level 3 fair value measurements:        
Quality adjustment Level 3 unobservable input as percentage of overall valuation 5.00%btu_QualityAdjustmentLevel3UnobservableInputAsPercentageOfOverallValuation
/ us-gaap_RangeAxis
= us-gaap_MinimumMember
/ us-gaap_TradingActivityByTypeAxis
= btu_CoalTradingMember
     
Location differentials Level 3 unobservable input as percentage of overall valuation 10.00%btu_LocationDifferentialsLevel3UnobservableInputAsPercentageofOverallValuation
/ us-gaap_RangeAxis
= us-gaap_MinimumMember
/ us-gaap_TradingActivityByTypeAxis
= btu_CoalTradingMember
     
Maximum [Member] | Coal Trading [Member]        
Summary of quantitative unobservable inputs related to coal trading Level 3 fair value measurements:        
Quality adjustment Level 3 unobservable input as percentage of overall valuation 12.00%btu_QualityAdjustmentLevel3UnobservableInputAsPercentageOfOverallValuation
/ us-gaap_RangeAxis
= us-gaap_MaximumMember
/ us-gaap_TradingActivityByTypeAxis
= btu_CoalTradingMember
     
Location differentials Level 3 unobservable input as percentage of overall valuation 21.00%btu_LocationDifferentialsLevel3UnobservableInputAsPercentageofOverallValuation
/ us-gaap_RangeAxis
= us-gaap_MaximumMember
/ us-gaap_TradingActivityByTypeAxis
= btu_CoalTradingMember
     
Weighted Average [Member] | Coal Trading [Member]        
Summary of quantitative unobservable inputs related to coal trading Level 3 fair value measurements:        
Quality adjustment Level 3 unobservable input as percentage of overall valuation 9.00%btu_QualityAdjustmentLevel3UnobservableInputAsPercentageOfOverallValuation
/ us-gaap_RangeAxis
= us-gaap_WeightedAverageMember
/ us-gaap_TradingActivityByTypeAxis
= btu_CoalTradingMember
     
Location differentials Level 3 unobservable input as percentage of overall valuation 19.00%btu_LocationDifferentialsLevel3UnobservableInputAsPercentageofOverallValuation
/ us-gaap_RangeAxis
= us-gaap_WeightedAverageMember
/ us-gaap_TradingActivityByTypeAxis
= btu_CoalTradingMember
     
Scenario, Forecast [Member] | Coal Trading [Member]        
Coal Trading (Textuals) [Abstract]        
Expected amount of gains to be realized over the next 12 months in accumulated other comprehensive loss     $ 39us-gaap_DerivativeInstrumentsGainLossReclassificationFromAccumulatedOCIToIncomeEstimatedNetAmountToBeTransferred
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioForecastMember
/ us-gaap_TradingActivityByTypeAxis
= btu_CoalTradingMember
 
[1] Within the unaudited condensed consolidated statements of operations and unaudited condensed consolidated statements of comprehensive income for the periods presented, unrealized gains and losses from Level 3 items are combined with unrealized gains and losses on positions classified in Level 1 or 2, as well as other positions that have been realized during the applicable periods