Revenue Recognition (Tables)

3 Months Ended

Mar. 31, 2021

Disaggregation of Revenue by Product Type and Market

With respect to its seaborne mining segments, the Company classifies as “Export” certain revenue from domestically-delivered coal under contracts in which the price is derived on a basis similar to export contracts.


	Three Months Ended March 31, 2021
	Seaborne Thermal Mining		Seaborne Metallurgical Mining		Powder River Basin Mining		Other U.S. Thermal Mining		Corporate and Other (1)		Consolidated
	(Dollars in millions)
Thermal coal
Domestic	$	44.1	$	—	$	228.4	$	146.8	$	—	$	419.3
Export	131.9		—		—		—		—		131.9
Total thermal	176.0		—		228.4		146.8		—		551.2
Metallurgical coal
Domestic	—		2.7		—		—		—		2.7
Export	—		83.9		—		—		—		83.9
Total metallurgical	—		86.6		—		—		—		86.6
Other (2)	0.4		0.9		—		2.5		9.7		13.5
Revenues	$	176.4	$	87.5	$	228.4	$	149.3	$	9.7	$	651.3


	Three Months Ended March 31, 2020
	Seaborne Thermal Mining		Seaborne Metallurgical Mining		Powder River Basin Mining		Other U.S. Thermal Mining		Corporate and Other (1)		Consolidated
	(Dollars in millions)
Thermal coal
Domestic	$	36.5	$	—	$	266.6	$	184.6	$	—	$	487.7
Export	163.7		—		—		—		—		163.7
Total thermal	200.2		—		266.6		184.6		—		651.4
Metallurgical coal

Export	—		192.5		—		—		—		192.5
Total metallurgical	—		192.5		—		—		—		192.5
Other (2)	0.9		0.7		—		7.7		(7.0)		2.3
Revenues	$	201.1	$	193.2	$	266.6	$	192.3	$	(7.0)	$	846.2

(1) Corporate and Other revenue includes gains and losses related to mark-to-market adjustments from economic hedge activities intended to hedge future coal sales. Refer to Note 7. “Derivatives and Fair Value Measurements” for additional information regarding the economic hedge activities.

(2) Other includes revenues from arrangements such as customer contract-related payments associated with volume shortfalls, royalties related to coal lease agreements, sales agency commissions, farm income and property and facility rentals.

Schedule of Accounts Receivable

“Accounts receivable, net” at March 31, 2021 and December 31, 2020 consisted of the following:


	March 31, 2021		December 31, 2020
	(Dollars in millions)
Trade receivables, net	$	131.2	$	180.9
Miscellaneous receivables, net	36.6		63.9
Accounts receivable, net	$	167.8	$	244.8