Segment Information (Tables)

3 Months Ended

Mar. 31, 2023

Reportable segment results were as follows:


	Three Months Ended March 31,
		2023		2022
		(Dollars in millions)
Revenue:
Seaborne Thermal Mining		$	346.5	$	251.2
Seaborne Metallurgical Mining		288.4		321.3
Powder River Basin Mining		305.3		251.2
Other U.S. Thermal Mining		249.4		203.1
Corporate and Other		174.4		(335.4)
Total		$	1,364.0	$	691.4

Adjusted EBITDA:
Seaborne Thermal Mining		$	164.0	$	90.5
Seaborne Metallurgical Mining		90.8		181.0
Powder River Basin Mining		35.8		7.6
Other U.S. Thermal Mining		64.2		50.0
Corporate and Other		35.8		(1.6)
Total		$	390.6	$	327.5

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


	Three Months Ended March 31,
		2023		2022
		(Dollars in millions)
Income (loss) from continuing operations, net of income taxes		$	284.1	$	(119.8)
Depreciation, depletion and amortization		76.3		72.9
Asset retirement obligation expenses		15.4		15.0
Restructuring charges		0.1		1.6

Asset impairment		2.0		—


Changes in amortization of basis difference related to equity affiliates		(0.3)		(0.6)
Interest expense		18.4		39.4
Net loss on early debt extinguishment		6.8		23.5
Interest income		(13.1)		(0.5)

Unrealized (gains) losses on derivative contracts related to forecasted sales		(118.7)		301.0
Unrealized losses (gains) on foreign currency option contracts		2.2		(3.3)

Take-or-pay contract-based intangible recognition		(0.6)		(0.7)
Income tax provision (benefit)		118.0		(1.0)
Adjusted EBITDA		$	390.6	$	327.5