Valuation and Qualifying Accounts

12 Months Ended

Dec. 31, 2021

SEC Schedule, 12-09, Valuation and Qualifying Accounts [Abstract]

Valuation and Qualifying Accounts

PEABODY ENERGY CORPORATION

SCHEDULE II — VALUATION AND QUALIFYING ACCOUNTS

Description	Balance at Beginning of Period		Charged to Costs and Expenses		Deductions(1)		Other			Balance at End of Period
	(Dollars in millions)
Year Ended December 31, 2021
Reserves deducted from asset accounts:
Advance royalty recoupment reserve	$	0.3	$	—	$	—	$	—		$	0.3
Reserve for materials and supplies	10.4		0.6		(2.0)		—			9.0
Tax valuation allowances	2,287.3		(121.7)		—		(44.8)			2,120.8
Year Ended December 31, 2020
Reserves deducted from asset accounts:
Advance royalty recoupment reserve	$	0.3	$	—	$	—	$	—		$	0.3
Reserve for materials and supplies	7.9		3.5		(1.0)		—			10.4
Tax valuation allowances	2,068.4		373.2		—		(154.3)		(2)	2,287.3
Year Ended December 31, 2019
Reserves deducted from asset accounts:
Advance royalty recoupment reserve	$	0.3	$	—	$	—	$	—		$	0.3
Reserve for materials and supplies	0.2		8.9		(1.2)		—			7.9
Allowance for credit losses	4.4		(4.4)		—		—			—
Tax valuation allowances	2,094.3		(29.8)		—		3.9			2,068.4

(1)Reserves utilized, unless otherwise indicated.

(2)Includes the impact of a decrease in Australia NOLs due to a cancellation of intercompany debt, partially offset by the impact of the increase in the Australian dollar exchange rates.