XML 62 R48.htm IDEA: XBRL DOCUMENT v3.8.0.1
Emergence from the Chapter 11 Cases and Fresh Start Reporting - Additional Information (Details) - USD ($)
$ / shares in Units, shares in Millions
Apr. 01, 2017
Sep. 30, 2017
Jun. 30, 2017
Apr. 03, 2017
Mar. 31, 2017
Feb. 15, 2017
Dec. 31, 2016
Effect of Plan              
Fresh-Start Adjustment [Line Items]              
Common stock, shares issued (in shares)   134.8          
Assets held-for-sale         $ 228,500,000    
Write off of mine development costs $ 89,500,000            
Write off of prepaid assets 15,000,000            
Successor              
Fresh-Start Adjustment [Line Items]              
Postconfirmation, preferred stock 1,305,400,000            
Postconfirmation, total stockholders' equity 3,131,900,000            
Postconfirmation, long-term debt 1,853,700,000            
Debt issuance cost   $ 69,900,000          
Successor | Effect of Plan              
Fresh-Start Adjustment [Line Items]              
Final equity value $ 3,081,000,000            
Postconfirmation, common stock, share price (in dollars per share) $ 22.03            
Common stock, shares issued (in shares) 70.9            
Common stock, shares outstanding (in shares) 70.9            
Common stock, par value per share (in dollars per share) $ 0.01            
Postconfirmation, preferred stock $ 750,000,000            
Discount percent of common stock value 35.00%            
Postconfirmation, Common Stock, Initial Share Price Estimate $ 25.00            
Dividends, common stock, paid in kind, guaranteed period 3 years            
Dividends, common stock, paid in kind, annual stated rate 8.50%            
Convertible preferred stock, shares issued upon conversion 46.2            
Equity ownership percent 42.00%            
Postconfirmation, total stockholders' equity $ 3,105,000,000            
Convertible preferred stock, converted shares, fair value $ 1,305,400,000            
Discount rate 4.10%           4.15%
Remeasurement reduction in pension liabilities $ 9,200,000            
2017 Incentive Plan | Effect of Plan              
Fresh-Start Adjustment [Line Items]              
Common stock reserved for future issuance 14.1            
Incentive plan expiration period 10 years            
Common stock, shares issued (in shares)   3.5          
Minimum | Effect of Plan              
Fresh-Start Adjustment [Line Items]              
Final equity value $ 4,200,000,000            
Discounted cash flow, estimated weighed average cost of capital, percent 11.00%            
Maximum | Effect of Plan              
Fresh-Start Adjustment [Line Items]              
Final equity value $ 4,900,000,000            
Discounted cash flow, estimated weighed average cost of capital, percent 14.00%            
Restricted Stock | 2017 Incentive Plan | Effect of Plan              
Fresh-Start Adjustment [Line Items]              
Fair value of stock granted $ 80,000,000            
Paid In Kind | Successor | Effect of Plan              
Fresh-Start Adjustment [Line Items]              
Convertible preferred stock, shares issued upon conversion 13.1            
Successor Credit Agreement | Term Loan | Effect of Plan              
Fresh-Start Adjustment [Line Items]              
Principal amount       $ 950,000,000      
Successor Credit Agreement | Term Loan | Successor              
Fresh-Start Adjustment [Line Items]              
Principal amount     $ 650,000,000        
6.00% Senior Secured Notes due March 2022 | Senior Notes | Effect of Plan              
Fresh-Start Adjustment [Line Items]              
Principal amount           $ 500,000,000.0  
6.00% Senior Secured Notes due March 2022 | Senior Notes | Effect of Plan              
Fresh-Start Adjustment [Line Items]              
Principal amount           $ 500,000,000.0  
Senior Secured Term Loan | Term Loan | Effect of Plan              
Fresh-Start Adjustment [Line Items]              
Postconfirmation, long-term debt $ 950,000,000            
Debt issuance cost 37,300,000            
Successor Notes | Senior Notes | Effect of Plan              
Fresh-Start Adjustment [Line Items]              
Debt issuance cost 49,500,000            
Principal amount 1,000,000,000.0            
Coal supply agreements | Successor | Effect of Plan              
Fresh-Start Adjustment [Line Items]              
Finite-lived intangible assets, fair value $ 314,900,000            
Useful life 3 years            
Finite-lived intangible assets, fair value, noncurrent $ 58,700,000            
Port And Rail Take Or Pay Contracts | Successor | Effect of Plan              
Fresh-Start Adjustment [Line Items]              
Finite-lived intangible assets, fair value 32,600,000            
Liabilities, held-for-sale         $ 15,700,000    
Finite-lived intangible assets, fair value, noncurrent $ 83,600,000            
UNITED STATES | Asset Retirement Obligation | Successor | Effect of Plan              
Fresh-Start Adjustment [Line Items]              
Risk free interest rate 9.36%            
AUSTRALIA | Asset Retirement Obligation | Successor | Effect of Plan              
Fresh-Start Adjustment [Line Items]              
Risk free interest rate 4.36%