Segment Information (Tables)

3 Months Ended

Mar. 31, 2017

Segment Reporting [Abstract]

Reportable segment results

Reportable segment results were as follows:

	Three Months Ended
	March 31,
	2017			2016
	(Dollars in millions)
Revenues:
Powder River Basin Mining	$	394.3		$	336.0
Midwestern U.S. Mining	193.2			199.6
Western U.S. Mining	149.7			112.5
Australian Metallurgical Mining	328.9			205.1
Australian Thermal Mining	224.8			176.7
Trading and Brokerage	31.6			(8.8		)
Corporate and Other	3.7			6.1
Total	$	1,326.2		$	1,027.2
Adjusted EBITDA:
Powder River Basin Mining	$	91.7		$	73.8
Midwestern U.S. Mining	50.0			60.6
Western U.S. Mining	50.0			20.1
Australian Metallurgical Mining	109.6			(37.3		)
Australian Thermal Mining	75.6			42.9
Trading and Brokerage	25.4			(18.8		)
Corporate and Other (1)	(44.4		)	(111.2		)
Total	$	357.9		$	30.1

⁽¹⁾   Includes a gain of $68.1 million related to the 2016 Settlement Agreement described in Note 20 "Matters related to the Bankruptcy of Patriot Coal Corporation"

Reconciliation of Adjusted EBITDA to consolidated loss from continuing operations, net of income taxes

A reconciliation of consolidated income (loss) from continuing operations, net of income taxes to Adjusted EBITDA follows:

	Three Months Ended
	March 31,
	2017			2016
	(Dollars in millions)
Income (loss) from continuing operations, net of income taxes	$	124.3		$	(167.7	)
Depreciation, depletion and amortization	119.9			111.8
Asset retirement obligation expenses	14.6			13.1
Selling and administrative expenses related to debt restructuring	—			14.3
Asset impairment	30.5			17.2
Change in deferred tax asset valuation allowance related to equity affiliates	(5.2		)	1.4
Interest expense	32.9			126.2
Unrealized gains on non-coal trading derivative contracts realized into income	—			(25.0		)
Interest income	(2.7		)	(1.4		)
Reorganization items, net	41.4			—
Income tax provision (benefit)	2.2			(59.8		)
Total Adjusted EBITDA	$	357.9		$	30.1