Segment Information (Tables)

9 Months Ended

Sep. 30, 2021

Reportable segment results were as follows:


	Three Months Ended September 30,				Nine Months Ended September 30,
	2021		2020		2021		2020
	(Dollars in millions)
Revenues:
Seaborne Thermal Mining	$	260.7	$	163.0	$	631.2	$	526.1
Seaborne Metallurgical Mining	179.5		78.8		388.0		363.6
Powder River Basin Mining	247.1		264.8		724.1		737.2
Other U.S. Thermal Mining	184.6		179.8		496.0		524.1
Corporate and Other	(192.9)		(15.4)		(185.6)		(7.1)
Total	$	679.0	$	671.0	$	2,053.7	$	2,143.9

Adjusted EBITDA:
Seaborne Thermal Mining	$	104.4	$	35.3	$	204.3	$	118.1
Seaborne Metallurgical Mining	57.4		(27.3)		8.6		(96.1)
Powder River Basin Mining	37.0		78.3		112.6		143.0
Other U.S. Thermal Mining	45.1		51.6		125.6		123.0
Corporate and Other	45.2		(42.5)		21.2		(132.4)
Total	$	289.1	$	95.4	$	472.3	$	155.6

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


	Three Months Ended September 30,				Nine Months Ended September 30,
	2021		2020		2021		2020
	(Dollars in millions)
Loss from continuing operations, net of income taxes	$	(59.6)	$	(64.8)	$	(160.3)	$	(1,739.4)
Depreciation, depletion and amortization	77.9		72.2		223.3		266.5
Asset retirement obligation expenses	14.3		14.3		45.3		46.0
Restructuring charges	1.7		8.1		5.9		31.1
Transaction costs related to joint ventures	—		6.0		—		23.1
Asset impairment	—		—		—		1,418.1


Changes in deferred tax asset valuation allowance and reserves and amortization of basis difference related to equity affiliates	(6.4)		(0.5)		(8.4)		(1.6)
Interest expense	45.5		34.9		143.3		102.3
Net gain on early debt extinguishment	(16.0)		—		(31.3)		—
Interest income	(1.4)		(1.6)		(4.2)		(7.1)
Net mark-to-market adjustment on actuarially determined liabilities	—		13.0		—		13.0
Unrealized losses on derivative contracts related to forecasted sales	238.4		16.1		264.0		11.3
Unrealized (gains) losses on foreign currency option contracts	(0.6)		(0.7)		8.2		(3.6)

Take-or-pay contract-based intangible recognition	(1.0)		(1.5)		(3.2)		(6.8)
Income tax (benefit) provision	(3.7)		(0.1)		(10.3)		2.7
Adjusted EBITDA	$	289.1	$	95.4	$	472.3	$	155.6