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Segment Information (Tables)
 9 Months Ended
Sep. 30, 2019
Segment Reporting [Abstract]  
Reportable segment results
Reportable segment results were as follows:
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2019
 
2018
 
2019
 
2018
 
(Dollars in millions)
Revenues:
 
 
 
 
 
 
 
Seaborne Thermal Mining
$
249.5

 
$
305.1

 
$
720.7

 
$
773.9

Seaborne Metallurgical Mining
216.3

 
370.3

 
831.7

 
1,254.0

Powder River Basin Mining
333.6

 
373.7

 
903.5

 
1,084.5

Midwestern U.S. Mining
176.0

 
208.5

 
522.6

 
607.7

Western U.S. Mining
150.4

 
156.1

 
448.2

 
439.4

Corporate and Other
(19.4
)
 
(1.1
)
 
79.3

 
25.2

Total
$
1,106.4

 
$
1,412.6

 
$
3,506.0

 
$
4,184.7

 
 
 
 
 
 
 
 
Adjusted EBITDA:
 
 
 
 
 
 
 
Seaborne Thermal Mining
$
76.8

 
$
145.3

 
$
245.9

 
$
314.5

Seaborne Metallurgical Mining
(16.2
)
 
90.7

 
127.0

 
415.6

Powder River Basin Mining
70.7

 
88.2

 
147.3

 
224.7

Midwestern U.S. Mining
36.0

 
38.7

 
100.0

 
111.9

Western U.S. Mining
46.3

 
28.5

 
141.3

 
94.4

Corporate and Other (1)
(63.3
)
 
(19.3
)
 
(129.3
)
 
(55.5
)
Total
$
150.3

 
$
372.1

 
$
632.2

 
$
1,105.6


(1)  
As described in Note 16. “Other Events,” included in the three and nine months ended September 30, 2018 is the gain of $20.5 million recognized on the sale of surplus coal resources associated with the Millennium Mine. Also included in the nine months ended September 30, 2018, is the gain of $20.6 million recognized on the sale of certain surplus land assets in Queensland and the gain of $7.1 million recognized on the sale of the Company’s interest in the RMJV.
Reconciliation of Adjusted EBITDA to consolidated loss from continuing operations, net of income taxes
A reconciliation of consolidated (loss) income from continuing operations, net of income taxes to Adjusted EBITDA follows:
 
Three Months Ended September 30,
 
Nine Months Ended September 30,

2019
 
2018
 
2019
 
2018
 
(Dollars in millions)
(Loss) income from continuing operations, net of income taxes
$
(74.3
)
 
$
83.9

 
$
101.9

 
$
412.2

Depreciation, depletion and amortization
141.5

 
169.6

 
479.4

 
503.1

Asset retirement obligation expenses
15.5

 
12.4

 
44.6

 
37.9

Asset impairment
20.0

 
—

 
20.0

 
—

Provision for North Goonyella equipment loss
—

 
49.3

 
24.7

 
49.3

North Goonyella insurance recovery - equipment (1)
—

 
—

 
(91.1
)
 
—

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

 
(6.1
)
 
0.3

 
(22.1
)
Interest expense
35.4

 
38.2

 
107.2

 
112.8

Loss on early debt extinguishment
—

 
—

 
—

 
2.0

Interest income
(7.0
)
 
(10.1
)
 
(22.5
)
 
(24.3
)
Reorganization items, net
—

 
—

 
—

 
(12.8
)
Unrealized losses (gains) on economic hedges
18.0

 
26.8

 
(44.2
)
 
36.3

Unrealized (gains) losses on non-coal trading derivative contracts
(0.3
)
 
(0.3
)
 
(0.2
)
 
1.4

Fresh start take-or-pay contract-based intangible recognition
(2.7
)
 
(5.4
)
 
(13.9
)
 
(21.5
)
Income tax provision
4.2

 
13.8

 
26.0

 
31.3

Total Adjusted EBITDA
$
150.3

 
$
372.1

 
$
632.2

 
$
1,105.6


(1)  
As described in Note 16. “Other Events,” the Company recorded a $125.0 million insurance recovery during the nine months ended September 30, 2019 related to losses incurred at its North Goonyella Mine. Of this amount, Adjusted EBITDA excludes an allocated amount applicable to total equipment losses recognized at the time of the insurance recovery settlement, which consisted of $24.7 million and $66.4 million recognized during the nine months ended September 30, 2019 and the year ended December 31, 2018, respectively. The remaining $33.9 million, applicable to incremental costs and business interruption losses, is included in Adjusted EBITDA for the nine months ended September 30, 2019.