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Segment Information (Tables)
 6 Months Ended
Jun. 30, 2018
Segment Reporting [Abstract]  
Reportable segment results
Reportable segment results were as follows:
 
 
Successor
 
Successor
 
 
Predecessor
 
 
Three Months Ended
June 30, 2018
 
April 2 through June 30, 2017
 
Six Months Ended
June 30, 2018
 
April 2 through June 30, 2017
 
 
January 1 through
April 1, 2017
 
 
(Dollars in millions)
Revenues:
 
 
 
 
 
 
 
 
 
 
 
Powder River Basin Mining
 
$
321.5

 
$
365.4

 
$
710.8

 
$
365.4

 
 
$
394.3

Midwestern U.S. Mining
 
197.5

 
194.9

 
399.2

 
194.9

 
 
193.2

Western U.S. Mining
 
139.6

 
125.4

 
283.3

 
125.4

 
 
149.7

Australian Metallurgical Mining
 
417.5

 
287.8

 
883.7

 
287.8

 
 
328.9

Australian Thermal Mining
 
267.4

 
239.2

 
468.8

 
239.2

 
 
224.8

Trading and Brokerage
 
10.0

 
5.2

 
30.1

 
5.2

 
 
15.0

Corporate and Other
 
(44.1
)
 
40.4

 
(3.8
)
 
40.4

 
 
20.3

Total
 
$
1,309.4

 
$
1,258.3

 
$
2,772.1

 
$
1,258.3

 
 
$
1,326.2

 
 
 
 
 
 
 
 
 
 
 
 
Adjusted EBITDA:
 
 
 
 
 
 
 
 
 
 
 
Powder River Basin Mining
 
$
62.0

 
$
84.8

 
$
136.5

 
$
84.8

 
 
$
91.7

Midwestern U.S. Mining
 
42.0

 
46.5

 
73.2

 
46.5

 
 
50.0

Western U.S. Mining
 
33.9

 
44.9

 
65.9

 
44.9

 
 
50.0

Australian Metallurgical Mining
 
158.5

 
71.9

 
324.9

 
71.9

 
 
109.6

Australian Thermal Mining
 
107.6

 
105.9

 
169.2

 
105.9

 
 
75.6

Trading and Brokerage
 
3.1

 
(5.1
)
 
4.3

 
(5.1
)
 
 
8.8

Corporate and Other (1)
 
(37.5
)
 
(31.1
)
 
(40.5
)
 
(31.1
)
 
 
(44.4
)
Total
 
$
369.6

 
$
317.8

 
$
733.5

 
$
317.8

 
 
$
341.3


(1)  
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:
 
 
Successor
Predecessor
 
Successor
Predecessor


Three Months Ended June 30, 2018
 
April 2 through June 30, 2017
April 1, 2017

Six Months Ended June 30, 2018
 
April 2 through June 30, 2017
January 1 through April 1, 2017
 

(Dollars in millions)
Income (loss) from continuing operations, net of income taxes

$
120.0

 
$
101.4

$
(319.8
)

$
328.3

 
$
101.4

$
(195.5
)
Depreciation, depletion and amortization

163.9

 
148.3

—


333.5

 
148.3

119.9

Asset retirement obligation expenses

13.2

 
11.0

—


25.5

 
11.0

14.6

Asset impairment

—

 
—

—


—

 
—

30.5

Changes in deferred tax asset valuation allowance and amortization of basis difference related to equity affiliates

(8.4
)
 
(4.3
)
—


(16.0
)
 
(4.3
)
(5.2
)
Interest expense

38.3

 
41.4

—


74.6

 
41.4

32.9

Loss on early debt extinguishment
 
2.0

 
—

—

 
2.0

 
—

—

Interest income

(7.0
)
 
(1.5
)
—


(14.2
)
 
(1.5
)
(2.7
)
Reorganization items, net

—

 
—

585.8


(12.8
)
 
—

627.2

Break fees related to terminated asset sales

—

 
(28.0
)
—


—

 
(28.0
)
—

Unrealized losses (gains) on economic hedges

48.1

 
(9.4
)
—


9.5

 
(9.4
)
(16.6
)
Unrealized (gains) losses on non-coal trading derivative contracts

(0.1
)
 
(3.2
)
—


1.7

 
(3.2
)
—

Coal inventory revaluation

—

 
67.3

—


—

 
67.3

—

Take-or-pay contract-based intangible recognition

(7.8
)
 
(9.9
)
—


(16.1
)
 
(9.9
)
—

Income tax provision (benefit)

7.4

 
4.7

(266.0
)

17.5

 
4.7

(263.8
)
Total Adjusted EBITDA

$
369.6

 
$
317.8

$
—


$
733.5

 
$
317.8

$
341.3