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UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
$ in Millions
9 Months Ended
Sep. 30, 2023
USD ($)
Sep. 30, 2022
USD ($)
Cash Flows From Operating Activities    
Net income $ 616.9 $ 673.6
Loss from discontinued operations, net of income taxes 0.1 2.3
Income from continuing operations, net of income taxes 617.0 675.9
Adjustments to reconcile income from continuing operations, net of income taxes to net cash provided by operating activities:    
Depreciation, depletion and amortization 239.2 227.4
Noncash interest expense, net 4.0 13.6
Deferred income taxes 71.8 (2.8)
Noncash share-based compensation 5.1 6.6
Asset impairment 2.0 1.7
Noncash provision for NARM and Shoal Creek loss 33.7 0.0
Net gain on disposals (8.5) (22.7)
Noncash income from port and rail capacity assignment (9.4) 0.0
Net loss on early debt extinguishment 8.8 34.5
Income from equity affiliates (9.7) (120.9)
Foreign currency option contracts (0.1) 4.4
Changes in current assets and liabilities:    
Accounts receivable 126.6 (75.9)
Inventories (59.9) (50.7)
Other current assets 30.1 (40.6)
Accounts payable and accrued expenses (29.2) (61.6)
Collateral arrangements (145.9) (36.8)
Asset retirement obligations 3.9 6.0
Workers’ compensation obligations (1.3) (2.5)
Postretirement benefit obligations (46.3) (48.5)
Pension obligations 0.9 (1.7)
Other, net (0.1) 3.5
Net cash provided by continuing operations 832.7 508.9
Net cash used in discontinued operations (79.6) (4.8)
Net cash provided by operating activities 753.1 504.1
Cash Flows From Investing Activities    
Additions to property, plant, equipment and mine development (190.4) (104.5)
Changes in accrued expenses related to capital expenditures (5.1) (8.3)
Proceeds from disposal of assets, net of receivables 13.9 30.6
Contributions to joint ventures (573.4) (475.1)
Distributions from joint ventures 579.4 465.2
Advances to related parties (0.1) (1.3)
Cash receipts from Middlemount Coal Pty Ltd and other related parties 2.6 154.9
Other, net (1.5) (0.4)
Net cash (used in) provided by investing activities (174.6) 61.1
Cash Flows From Financing Activities    
Proceeds from long-term debt 0.0 545.0
Repayments of long-term debt (6.9) (846.3)
Payment of debt issuance and other deferred financing costs (0.3) (21.1)
Proceeds from Issuance of Common Stock 0.0 222.0
Common stock repurchases (264.0) 0.0
Repurchase of employee common stock relinquished for tax withholding (13.7) (2.6)
Dividends paid (20.7) 0.0
Distributions to noncontrolling interests (58.9) (17.5)
Net cash used in financing activities (364.5) (120.5)
Net change in cash, cash equivalents and restricted cash 214.0 444.7
Cash, cash equivalents and restricted cash at beginning of period (1) 1,417.6 954.3
Cash, cash equivalents and restricted cash at end of period (2) 1,631.6 $ 1,399.0
Cash and cash equivalents 988.5  
Restricted Cash $ 643.1