Supplemental Guarantor/Non-Guarantor Financial Information (Tables) | 3 Months Ended |
Mar. 31, 2017 |
Supplemental Consolidated Statements Of Operations [Table Text Block] | Unaudited Supplemental Condensed Consolidating Statements of Operations Three Months Ended March 31, 2017 Parent Company Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated (Dollars in millions) Total revenues $ — $ 732.9 $ 661.7 $ (68.4 ) $ 1,326.2 Costs and expenses Operating costs and expenses (exclusive of items shown separately below) 27.5 551.4 453.2 (68.4 ) 963.7 Depreciation, depletion and amortization — 69.7 50.2 — 119.9 Asset retirement obligation expenses — 7.2 7.4 — 14.6 Selling and administrative expenses 2.0 30.6 4.6 — 37.2 Other operating (income) loss: Net gain (loss) on disposal of assets — (22.9 ) 0.1 — (22.8 ) Asset impairment — — 30.5 — 30.5 (Income) loss from equity affiliates and investment in subsidiaries (177.2 ) 0.9 (15.9 ) 177.2 (15.0 ) Interest expense 32.9 4.4 5.5 (9.9 ) 32.9 Interest income — (2.1 ) (10.5 ) 9.9 (2.7 ) Reorganization items, net (0.2 ) 41.0 0.6 — 41.4 Income from continuing operations before income taxes 115.0 52.7 136.0 (177.2 ) 126.5 Income tax (benefit) provision (10.0 ) (2.7 ) 8.2 — (4.5 ) Income from continuing operations, net of income taxes 125.0 55.4 127.8 (177.2 ) 131.0 Loss from discontinued operations, net of income taxes (2.9 ) (0.3 ) (0.9 ) — (4.1 ) Net income 122.1 55.1 126.9 (177.2 ) 126.9 Less: Net income attributable to noncontrolling interests — — 4.8 — 4.8 Net income attributable to common stockholders $ 122.1 $ 55.1 $ 122.1 $ (177.2 ) $ 122.1 Unaudited Supplemental Condensed Consolidating Statements of Operations Three Months Ended March 31, 2016 Parent Company Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated (Dollars in millions) Total revenues $ — $ 663.9 $ 441.1 $ (77.8 ) $ 1,027.2 Costs and expenses Operating costs and expenses (exclusive of items shown separately below) 17.9 522.3 457.8 (77.8 ) 920.2 Depreciation, depletion and amortization — 51.1 60.7 — 111.8 Asset retirement obligation expenses — 6.5 6.6 — 13.1 Selling and administrative expenses 2.4 42.2 3.7 — 48.3 Restructuring charges — 11.4 0.7 — 12.1 Other operating (income) loss: Net gain on disposal of assets — (1.8 ) — — (1.8 ) Asset impairment — — 17.2 — 17.2 Loss from equity affiliates and investment in subsidiaries 53.3 1.2 7.8 (53.3 ) 9.0 Interest expense 122.6 5.8 6.2 (8.4 ) 126.2 Interest income — (1.0 ) (8.8 ) 8.4 (1.4 ) (Loss) income from continuing operations before income taxes (196.2 ) 26.2 (110.8 ) 53.3 (227.5 ) Income tax benefit (33.1 ) (18.5 ) (14.2 ) — (65.8 ) (Loss) income from continuing operations, net of income taxes (163.1 ) 44.7 (96.6 ) 53.3 (161.7 ) Loss from discontinued operations, net of income taxes (2.0 ) (0.5 ) (0.9 ) — (3.4 ) Net (loss) income attributable to common stockholders $ (165.1 ) $ 44.2 $ (97.5 ) $ 53.3 $ (165.1 ) Three Months Ended March 31, 2017 Debtors Non-Debtors Eliminations Consolidated (Dollars in millions) Total revenues $ 733.0 $ 594.5 $ (1.3 ) $ 1,326.2 Costs and expenses Operating costs and expenses (exclusive of items shown separately below) 572.5 392.5 (1.3 ) 963.7 Depreciation, depletion and amortization 75.2 44.7 — 119.9 Asset retirement obligation expenses 9.4 5.2 — 14.6 Selling and administrative expenses 32.7 4.5 — 37.2 Other operating (income) loss: Net (gain) loss on disposal of assets (22.9 ) 0.1 — (22.8 ) Asset impairment 30.5 — — 30.5 Income from equity affiliates and investment in subsidiaries (148.1 ) (15.8 ) 148.9 (15.0 ) Interest expense 32.8 5.2 (5.1 ) 32.9 Interest income (2.5 ) (5.3 ) 5.1 (2.7 ) Reorganization items, net 40.8 0.6 — 41.4 Income from continuing operations before income taxes 112.6 162.8 (148.9 ) 126.5 Income tax (benefit) provision (12.7 ) 8.2 — (4.5 ) Income from continuing operations, net of income taxes 125.3 154.6 (148.9 ) 131.0 Loss from discontinued operations, net of income taxes (3.2 ) (0.9 ) — (4.1 ) Net income 122.1 153.7 (148.9 ) 126.9 Less: Net income attributable to noncontrolling interests — 4.8 — 4.8 Net income attributable to common stockholders $ 122.1 $ 148.9 $ (148.9 ) $ 122.1 |
Supplemental Guarantor Non Guarantor Financial Information Disclosure [Text Block] | Supplemental Financial Information Guarantor / Non-Guarantor In accordance with the indentures governing the Senior Notes, certain 100% owned U.S. subsidiaries of the Company (each, a Guarantor Subsidiary) fully and unconditionally guaranteed the Senior Notes, on a joint and several basis. The indentures governing the Senior Notes contained customary exceptions under which a guarantee of a Guarantor Subsidiary will terminate, including (a) the release or discharge of the guarantee of the Company’s 2013 Credit Facility by such Guarantor Subsidiary, except a discharge or release by or as a result of payment under such guarantee, (b) a sale or other disposition, by way of merger, consolidation or otherwise, of all of the capital stock of such Guarantor Subsidiary, and (c) the legal defeasance or discharge of the indentures. Separate financial statements and other disclosures concerning the Guarantor Subsidiaries are not presented because management believes that such information is not material to the former holders of the Senior Notes. The following historical financial statement information is provided for the Guarantor/Non-Guarantor Subsidiaries. The Senior Notes were discharged upon emergence from bankruptcy and are no longer outstanding. Three Months Ended March 31, 2017 Parent Company Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated (Dollars in millions) Total revenues $ — $ 732.9 $ 661.7 $ (68.4 ) $ 1,326.2 Costs and expenses Operating costs and expenses (exclusive of items shown separately below) 27.5 551.4 453.2 (68.4 ) 963.7 Depreciation, depletion and amortization — 69.7 50.2 — 119.9 Asset retirement obligation expenses — 7.2 7.4 — 14.6 Selling and administrative expenses 2.0 30.6 4.6 — 37.2 Other operating (income) loss: Net gain (loss) on disposal of assets — (22.9 ) 0.1 — (22.8 ) Asset impairment — — 30.5 — 30.5 (Income) loss from equity affiliates and investment in subsidiaries (177.2 ) 0.9 (15.9 ) 177.2 (15.0 ) Interest expense 32.9 4.4 5.5 (9.9 ) 32.9 Interest income — (2.1 ) (10.5 ) 9.9 (2.7 ) Reorganization items, net (0.2 ) 41.0 0.6 — 41.4 Income from continuing operations before income taxes 115.0 52.7 136.0 (177.2 ) 126.5 Income tax (benefit) provision (10.0 ) (2.7 ) 8.2 — (4.5 ) Income from continuing operations, net of income taxes 125.0 55.4 127.8 (177.2 ) 131.0 Loss from discontinued operations, net of income taxes (2.9 ) (0.3 ) (0.9 ) — (4.1 ) Net income 122.1 55.1 126.9 (177.2 ) 126.9 Less: Net income attributable to noncontrolling interests — — 4.8 — 4.8 Net income attributable to common stockholders $ 122.1 $ 55.1 $ 122.1 $ (177.2 ) $ 122.1 Unaudited Supplemental Condensed Consolidating Statements of Comprehensive Income Three Months Ended March 31, 2017 Parent Company Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated (Dollars in millions) Net income $ 122.1 $ 55.1 $ 126.9 $ (177.2 ) $ 126.9 Other comprehensive income, net of income taxes 28.5 5.8 5.5 (11.3 ) 28.5 Comprehensive income 150.6 60.9 132.4 (188.5 ) 155.4 Less: Comprehensive income attributable to noncontrolling interests — — 4.8 — 4.8 Comprehensive income attributable to common stockholders $ 150.6 $ 60.9 $ 127.6 $ (188.5 ) $ 150.6 Unaudited Supplemental Condensed Consolidating Statements of Operations Three Months Ended March 31, 2016 Parent Company Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated (Dollars in millions) Total revenues $ — $ 663.9 $ 441.1 $ (77.8 ) $ 1,027.2 Costs and expenses Operating costs and expenses (exclusive of items shown separately below) 17.9 522.3 457.8 (77.8 ) 920.2 Depreciation, depletion and amortization — 51.1 60.7 — 111.8 Asset retirement obligation expenses — 6.5 6.6 — 13.1 Selling and administrative expenses 2.4 42.2 3.7 — 48.3 Restructuring charges — 11.4 0.7 — 12.1 Other operating (income) loss: Net gain on disposal of assets — (1.8 ) — — (1.8 ) Asset impairment — — 17.2 — 17.2 Loss from equity affiliates and investment in subsidiaries 53.3 1.2 7.8 (53.3 ) 9.0 Interest expense 122.6 5.8 6.2 (8.4 ) 126.2 Interest income — (1.0 ) (8.8 ) 8.4 (1.4 ) (Loss) income from continuing operations before income taxes (196.2 ) 26.2 (110.8 ) 53.3 (227.5 ) Income tax benefit (33.1 ) (18.5 ) (14.2 ) — (65.8 ) (Loss) income from continuing operations, net of income taxes (163.1 ) 44.7 (96.6 ) 53.3 (161.7 ) Loss from discontinued operations, net of income taxes (2.0 ) (0.5 ) (0.9 ) — (3.4 ) Net (loss) income attributable to common stockholders $ (165.1 ) $ 44.2 $ (97.5 ) $ 53.3 $ (165.1 ) Unaudited Supplemental Condensed Consolidating Statements of Comprehensive Income Three Months Ended March 31, 2016 Parent Company Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated (Dollars in millions) Net (loss) income $ (165.1 ) $ 44.2 $ (97.5 ) $ 53.3 $ (165.1 ) Other comprehensive income, net of income taxes 56.0 5.1 2.7 (7.8 ) 56.0 Comprehensive (loss) income attributable to common stockholders $ (109.1 ) $ 49.3 $ (94.8 ) $ 45.5 $ (109.1 ) Unaudited Supplemental Condensed Consolidating Balance Sheets March 31, 2017 Parent Company Guarantor Subsidiaries Non-Guarantor Subsidiaries Reclassifications/ Eliminations Consolidated (Dollars in millions) Assets Current assets Cash and cash equivalents $ 221.4 $ 9.4 $ 837.3 $ — $ 1,068.1 Restricted cash 13.8 — 66.9 — 80.7 Successor Notes issuance proceeds - restricted cash 1,000.0 — — — 1,000.0 Accounts receivable, net — — 330.9 (18.8 ) 312.1 Receivables from affiliates, net 878.2 — 798.5 (1,676.7 ) — Inventories — 93.9 156.9 — 250.8 Assets from coal trading activities, net — 0.3 0.3 — 0.6 Other current assets 25.2 51.5 417.2 — 493.9 Total current assets 2,138.6 155.1 2,608.0 (1,695.5 ) 3,206.2 Property, plant, equipment and mine development, net — 4,332.5 4,321.4 — 8,653.9 Deferred income taxes — 185.0 — (185.0 ) — Investments and other assets 8,988.2 3.8 602.7 (8,618.3 ) 976.4 Notes receivable from affiliates, net — 1,047.5 — (1,047.5 ) — Total assets $ 11,126.8 $ 5,723.9 $ 7,532.1 $ (11,546.3 ) $ 12,836.5 Liabilities and Stockholders’ Equity Current liabilities Current portion of long-term debt $ — $ 18.2 $ — $ — $ 18.2 Payables to affiliates, net — 1,676.7 — (1,676.7 ) — Liabilities from coal trading activities, net — — 0.7 — 0.7 Accounts payable and accrued expenses 71.6 432.7 481.8 (18.8 ) 967.3 Total current liabilities 71.6 2,127.6 482.5 (1,695.5 ) 986.2 Long-term debt, less current portion 950.5 — — — 950.5 Deferred income taxes 195.4 — 5.8 (185.0 ) 16.2 Notes payable to affiliates, net 1,032.6 — 14.9 (1,047.5 ) — Other noncurrent liabilities 167.3 1,337.5 467.2 — 1,972.0 Total liabilities not subject to compromise 2,417.4 3,465.1 970.4 (2,928.0 ) 3,924.9 Liabilities subject to compromise 8,226.8 175.4 14.5 — 8,416.7 Total liabilities 10,644.2 3,640.5 984.9 (2,928.0 ) 12,341.6 Peabody Energy Corporation stockholders’ equity 482.6 2,083.4 6,534.9 (8,618.3 ) 482.6 Noncontrolling interests — — 12.3 — 12.3 Total stockholders’ equity 482.6 2,083.4 6,547.2 (8,618.3 ) 494.9 Total liabilities and stockholders’ equity $ 11,126.8 $ 5,723.9 $ 7,532.1 $ (11,546.3 ) $ 12,836.5 Unaudited Supplemental Condensed Consolidating Balance Sheets December 31, 2016 Parent Company Guarantor Subsidiaries Non-Guarantor Subsidiaries Reclassifications/ Eliminations Consolidated (Dollars in millions) Assets Current assets Cash and cash equivalents $ 266.6 $ 107.0 $ 498.7 $ — $ 872.3 Restricted cash 13.8 — 40.5 — 54.3 Accounts receivable, net — 5.1 467.9 — 473.0 Receivables from affiliates, net 899.9 — 783.0 (1,682.9 ) — Inventories — 76.8 126.9 — 203.7 Assets from coal trading activities, net — 0.9 — (0.2 ) 0.7 Other current assets 19.1 51.2 416.3 — 486.6 Total current assets 1,199.4 241.0 2,333.3 (1,683.1 ) 2,090.6 Property, plant, equipment and mine development, net — 4,381.6 4,395.1 — 8,776.7 Deferred income taxes — 15.8 — (15.8 ) — Investments and other assets 8,652.0 3.8 626.5 (8,371.9 ) 910.4 Notes receivable from affiliates, net — 1,036.3 — (1,036.3 ) — Total assets $ 9,851.4 $ 5,678.5 $ 7,354.9 $ (11,107.1 ) $ 11,777.7 Liabilities and Stockholders’ Equity Current liabilities Current portion of long-term debt $ — $ 19.3 $ 0.9 $ — $ 20.2 Payables to affiliates, net — 1,682.9 — (1,682.9 ) — Liabilities from coal trading activities, net — — 1.4 (0.2 ) 1.2 Accounts payable and accrued expenses 58.9 439.3 492.2 — 990.4 Total current liabilities 58.9 2,141.5 494.5 (1,683.1 ) 1,011.8 Deferred income taxes 28.0 — 5.4 (15.8 ) 17.6 Notes payable to affiliates, net 1,032.5 — 3.8 (1,036.3 ) — Other noncurrent liabilities 160.4 1,330.3 479.6 — 1,970.3 Total liabilities not subject to compromise 1,279.8 3,471.8 983.3 (2,735.2 ) 2,999.7 Liabilities subject to compromise 8,241.4 184.2 14.6 — 8,440.2 Total liabilities 9,521.2 3,656.0 997.9 (2,735.2 ) 11,439.9 Peabody Energy Corporation stockholders’ equity 330.2 2,022.5 6,349.4 (8,371.9 ) 330.2 Noncontrolling interests — — 7.6 — 7.6 Total stockholders’ equity 330.2 2,022.5 6,357.0 (8,371.9 ) 337.8 Total liabilities and stockholders’ equity $ 9,851.4 $ 5,678.5 $ 7,354.9 $ (11,107.1 ) $ 11,777.7 Unaudited Supplemental Condensed Consolidating Statements of Cash Flows Three Months Ended March 31, 2017 Parent Company Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidated (Dollars in millions) Cash Flows From Operating Activities Net cash provided by (used in) continuing operations $ 167.9 $ (288.2 ) $ 366.9 $ 246.6 Net cash used in discontinued operations (6.0 ) (0.7 ) (1.5 ) (8.2 ) Net cash provided by (used in) operating activities 161.9 (288.9 ) 365.4 238.4 Cash Flows From Investing Activities Additions to property, plant, equipment and mine development — (22.2 ) (10.6 ) (32.8 ) Changes in accrued expenses related to capital expenditures — (0.4 ) (1.0 ) (1.4 ) Federal coal lease expenditures — (0.5 ) — (0.5 ) Proceeds from disposal of assets — 24.3 — 24.3 Contributions to joint ventures — — (95.4 ) (95.4 ) Distributions from joint ventures — — 90.5 90.5 Advances to related parties — — (0.4 ) (0.4 ) Repayments of loans from related parties — — 31.1 31.1 Other, net — (0.2 ) (0.1 ) (0.3 ) Net cash provided by investing activities — 1.0 14.1 15.1 Cash Flows From Financing Activities Proceeds from long-term debt 1,000.0 — — 1,000.0 Successor Notes issuance proceeds into escrow (1,000.0 ) — — (1,000.0 ) Repayments of long-term debt — (1.2 ) (0.9 ) (2.1 ) Payment of deferred financing costs (29.1 ) — (26.3 ) (55.4 ) Distributions to noncontrolling interests — — (0.1 ) (0.1 ) Other, net (0.1 ) — — (0.1 ) Transactions with affiliates, net (177.9 ) 191.5 (13.6 ) — Net cash (used in) provided by financing activities (207.1 ) 190.3 (40.9 ) (57.7 ) Net change in cash and cash equivalents (45.2 ) (97.6 ) 338.6 195.8 Cash and cash equivalents at beginning of period 266.6 107.0 498.7 872.3 Cash and cash equivalents at end of period $ 221.4 $ 9.4 $ 837.3 $ 1,068.1 Unaudited Supplemental Condensed Consolidating Statements of Cash Flows Three Months Ended March 31, 2016 Parent Company Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidated (Dollars in millions) Cash Flows From Operating Activities Net cash used in continuing operations $ (331.7 ) $ (21.3 ) $ (85.9 ) $ (438.9 ) Net cash (used in) provided by discontinued operations (1.4 ) 1.9 (0.6 ) (0.1 ) Net cash used in operating activities (333.1 ) (19.4 ) (86.5 ) (439.0 ) Cash Flows From Investing Activities Additions to property, plant, equipment and mine development — (4.3 ) (9.0 ) (13.3 ) Changes in accrued expenses related to capital expenditures — (1.6 ) (1.8 ) (3.4 ) Federal coal lease expenditures — (0.4 ) — (0.4 ) Proceeds from disposal of assets — 2.0 0.1 2.1 Contributions to joint ventures — — (81.7 ) (81.7 ) Distributions from joint ventures — — 87.4 87.4 Advances to related parties — (1.2 ) — (1.2 ) Repayments of loans from related parties — — 2.1 2.1 Other, net — (2.5 ) (2.0 ) (4.5 ) Net cash used in investing activities — (8.0 ) (4.9 ) (12.9 ) Cash Flows From Financing Activities Proceeds from long-term debt 947.0 — — 947.0 Repayments of long-term debt (3.0 ) (1.1 ) (2.1 ) (6.2 ) Payment of deferred financing costs (2.8 ) — — (2.8 ) Other, net (0.1 ) (1.6 ) (0.1 ) (1.8 ) Transactions with affiliates, net 21.7 33.8 (55.5 ) — Net cash provided by (used in) financing activities 962.8 31.1 (57.7 ) 936.2 Net change in cash and cash equivalents 629.7 3.7 (149.1 ) 484.3 Cash and cash equivalents at beginning of period 7.2 4.7 249.4 261.3 Cash and cash equivalents at end of period $ 636.9 $ 8.4 $ 100.3 $ 745.6 Unaudited Supplemental Condensed Consolidating Balance Sheets March 31, 2017 Debtors Non-Debtors Reclassifications/Eliminations Consolidated (Dollars in millions) Assets Current assets Cash and cash equivalents $ 261.6 $ 806.5 $ — $ 1,068.1 Restricted cash 13.8 66.9 — 80.7 Successor Notes issuance proceeds - restricted cash 1,000.0 — — 1,000.0 Accounts receivable, net — 330.8 (18.7 ) 312.1 Receivables from affiliates, net 214.9 — (214.9 ) — Inventories 116.3 134.5 — 250.8 Assets from coal trading activities, net 0.3 0.3 — 0.6 Other current assets 78.4 417.1 (1.6 ) 493.9 Total current assets 1,685.3 1,756.1 (235.2 ) 3,206.2 Property, plant, equipment and mine development, net 4,787.7 3,866.2 — 8,653.9 Investments and other assets 4,573.3 573.1 (4,170.0 ) 976.4 Notes receivable from affiliates, net 1,047.5 — (1,047.5 ) — Total assets $ 12,093.8 $ 6,195.4 $ (5,452.7 ) $ 12,836.5 Liabilities and Stockholders’ Equity Current liabilities Current portion of long-term debt $ 18.2 $ — $ — $ 18.2 Payables to affiliates, net — 214.9 (214.9 ) — Income taxes payable — 10.2 (1.6 ) 8.6 Liabilities from coal trading activities, net 0.1 0.6 — 0.7 Accounts payable and accrued expenses 546.7 430.7 (18.7 ) 958.7 Total current liabilities 565.0 656.4 (235.2 ) 986.2 Long-term debt, less current portion 950.5 — — 950.5 Deferred income taxes 10.4 5.8 — 16.2 Notes payable to affiliates, net — 1,047.5 (1,047.5 ) — Other noncurrent liabilities 1,668.6 303.4 — 1,972.0 Total liabilities not subject to compromise 3,194.5 2,013.1 (1,282.7 ) 3,924.9 Liabilities subject to compromise 8,416.7 — — 8,416.7 Total liabilities 11,611.2 2,013.1 (1,282.7 ) 12,341.6 Peabody Energy Corporation stockholders’ equity 482.6 4,170.0 (4,170.0 ) 482.6 Noncontrolling interests — 12.3 — 12.3 Total stockholders’ equity 482.6 4,182.3 (4,170.0 ) 494.9 Total liabilities and stockholders’ equity $ 12,093.8 $ 6,195.4 $ (5,452.7 ) $ 12,836.5 Unaudited Supplemental Condensed Consolidating Statements of Cash Flows Three Months Ended March 31, 2017 Debtors Non-Debtors Consolidated (Dollars in millions) Cash Flows From Operating Activities Net cash (used in) provided by continuing operations $ (49.7 ) $ 296.3 $ 246.6 Net cash used in discontinued operations (6.0 ) (2.2 ) (8.2 ) Net cash (used in) provided by operating activities (55.7 ) 294.1 238.4 Cash Flows From Investing Activities Additions to property, plant, equipment and mine development (25.4 ) (7.4 ) (32.8 ) Changes in accrued expenses related to capital expenditures 0.6 (2.0 ) (1.4 ) Federal coal lease expenditures (0.5 ) — (0.5 ) Proceeds from disposal of assets 24.3 — 24.3 Contributions to joint ventures — (95.4 ) (95.4 ) Distributions from joint ventures — 90.5 90.5 Advances to related parties — (0.4 ) (0.4 ) Repayments of loans from related parties — 31.1 31.1 Other, net (0.5 ) 0.2 (0.3 ) Net cash (used in) provided by investing activities (1.5 ) 16.6 15.1 Cash Flows From Financing Activities Proceeds from long-term debt 1,000.0 — 1,000.0 Successor Notes issuance proceeds into escrow (1,000.0 ) — (1,000.0 ) Repayments of long-term debt (1.2 ) (0.9 ) (2.1 ) Payment of deferred financing costs (55.4 ) — (55.4 ) Distributions to noncontrolling interests — (0.1 ) (0.1 ) Other, net (0.1 ) — (0.1 ) Transactions with affiliates, net (19.0 ) 19.0 — Net cash (used in) provided by financing activities (75.7 ) 18.0 (57.7 ) Net change in cash and cash equivalents (132.9 ) 328.7 195.8 Cash and cash equivalents at beginning of period 394.5 477.8 872.3 Cash and cash equivalents at end of period $ 261.6 $ 806.5 $ 1,068.1 |
SupplementalCondensedConsolidatingStatementsOfComprehensiveIncomeLoss [Table Text Block] | Unaudited Supplemental Condensed Consolidating Statements of Comprehensive Income Three Months Ended March 31, 2016 Parent Company Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated (Dollars in millions) Net (loss) income $ (165.1 ) $ 44.2 $ (97.5 ) $ 53.3 $ (165.1 ) Other comprehensive income, net of income taxes 56.0 5.1 2.7 (7.8 ) 56.0 Comprehensive (loss) income attributable to common stockholders $ (109.1 ) $ 49.3 $ (94.8 ) $ 45.5 $ (109.1 ) Unaudited Supplemental Condensed Consolidating Statements of Comprehensive Income Three Months Ended March 31, 2017 Parent Company Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated (Dollars in millions) Net income $ 122.1 $ 55.1 $ 126.9 $ (177.2 ) $ 126.9 Other comprehensive income, net of income taxes 28.5 5.8 5.5 (11.3 ) 28.5 Comprehensive income 150.6 60.9 132.4 (188.5 ) 155.4 Less: Comprehensive income attributable to noncontrolling interests — — 4.8 — 4.8 Comprehensive income attributable to common stockholders $ 150.6 $ 60.9 $ 127.6 $ (188.5 ) $ 150.6 |
Supplemental Consolidated Balance Sheets [Table Text Block] | Unaudited Supplemental Condensed Consolidating Balance Sheets March 31, 2017 Parent Company Guarantor Subsidiaries Non-Guarantor Subsidiaries Reclassifications/ Eliminations Consolidated (Dollars in millions) Assets Current assets Cash and cash equivalents $ 221.4 $ 9.4 $ 837.3 $ — $ 1,068.1 Restricted cash 13.8 — 66.9 — 80.7 Successor Notes issuance proceeds - restricted cash 1,000.0 — — — 1,000.0 Accounts receivable, net — — 330.9 (18.8 ) 312.1 Receivables from affiliates, net 878.2 — 798.5 (1,676.7 ) — Inventories — 93.9 156.9 — 250.8 Assets from coal trading activities, net — 0.3 0.3 — 0.6 Other current assets 25.2 51.5 417.2 — 493.9 Total current assets 2,138.6 155.1 2,608.0 (1,695.5 ) 3,206.2 Property, plant, equipment and mine development, net — 4,332.5 4,321.4 — 8,653.9 Deferred income taxes — 185.0 — (185.0 ) — Investments and other assets 8,988.2 3.8 602.7 (8,618.3 ) 976.4 Notes receivable from affiliates, net — 1,047.5 — (1,047.5 ) — Total assets $ 11,126.8 $ 5,723.9 $ 7,532.1 $ (11,546.3 ) $ 12,836.5 Liabilities and Stockholders’ Equity Current liabilities Current portion of long-term debt $ — $ 18.2 $ — $ — $ 18.2 Payables to affiliates, net — 1,676.7 — (1,676.7 ) — Liabilities from coal trading activities, net — — 0.7 — 0.7 Accounts payable and accrued expenses 71.6 432.7 481.8 (18.8 ) 967.3 Total current liabilities 71.6 2,127.6 482.5 (1,695.5 ) 986.2 Long-term debt, less current portion 950.5 — — — 950.5 Deferred income taxes 195.4 — 5.8 (185.0 ) 16.2 Notes payable to affiliates, net 1,032.6 — 14.9 (1,047.5 ) — Other noncurrent liabilities 167.3 1,337.5 467.2 — 1,972.0 Total liabilities not subject to compromise 2,417.4 3,465.1 970.4 (2,928.0 ) 3,924.9 Liabilities subject to compromise 8,226.8 175.4 14.5 — 8,416.7 Total liabilities 10,644.2 3,640.5 984.9 (2,928.0 ) 12,341.6 Peabody Energy Corporation stockholders’ equity 482.6 2,083.4 6,534.9 (8,618.3 ) 482.6 Noncontrolling interests — — 12.3 — 12.3 Total stockholders’ equity 482.6 2,083.4 6,547.2 (8,618.3 ) 494.9 Total liabilities and stockholders’ equity $ 11,126.8 $ 5,723.9 $ 7,532.1 $ (11,546.3 ) $ 12,836.5 Unaudited Supplemental Condensed Consolidating Balance Sheets December 31, 2016 Parent Company Guarantor Subsidiaries Non-Guarantor Subsidiaries Reclassifications/ Eliminations Consolidated (Dollars in millions) Assets Current assets Cash and cash equivalents $ 266.6 $ 107.0 $ 498.7 $ — $ 872.3 Restricted cash 13.8 — 40.5 — 54.3 Accounts receivable, net — 5.1 467.9 — 473.0 Receivables from affiliates, net 899.9 — 783.0 (1,682.9 ) — Inventories — 76.8 126.9 — 203.7 Assets from coal trading activities, net — 0.9 — (0.2 ) 0.7 Other current assets 19.1 51.2 416.3 — 486.6 Total current assets 1,199.4 241.0 2,333.3 (1,683.1 ) 2,090.6 Property, plant, equipment and mine development, net — 4,381.6 4,395.1 — 8,776.7 Deferred income taxes — 15.8 — (15.8 ) — Investments and other assets 8,652.0 3.8 626.5 (8,371.9 ) 910.4 Notes receivable from affiliates, net — 1,036.3 — (1,036.3 ) — Total assets $ 9,851.4 $ 5,678.5 $ 7,354.9 $ (11,107.1 ) $ 11,777.7 Liabilities and Stockholders’ Equity Current liabilities Current portion of long-term debt $ — $ 19.3 $ 0.9 $ — $ 20.2 Payables to affiliates, net — 1,682.9 — (1,682.9 ) — Liabilities from coal trading activities, net — — 1.4 (0.2 ) 1.2 Accounts payable and accrued expenses 58.9 439.3 492.2 — 990.4 Total current liabilities 58.9 2,141.5 494.5 (1,683.1 ) 1,011.8 Deferred income taxes 28.0 — 5.4 (15.8 ) 17.6 Notes payable to affiliates, net 1,032.5 — 3.8 (1,036.3 ) — Other noncurrent liabilities 160.4 1,330.3 479.6 — 1,970.3 Total liabilities not subject to compromise 1,279.8 3,471.8 983.3 (2,735.2 ) 2,999.7 Liabilities subject to compromise 8,241.4 184.2 14.6 — 8,440.2 Total liabilities 9,521.2 3,656.0 997.9 (2,735.2 ) 11,439.9 Peabody Energy Corporation stockholders’ equity 330.2 2,022.5 6,349.4 (8,371.9 ) 330.2 Noncontrolling interests — — 7.6 — 7.6 Total stockholders’ equity 330.2 2,022.5 6,357.0 (8,371.9 ) 337.8 Total liabilities and stockholders’ equity $ 9,851.4 $ 5,678.5 $ 7,354.9 $ (11,107.1 ) $ 11,777.7 Unaudited Supplemental Condensed Consolidating Balance Sheets March 31, 2017 Debtors Non-Debtors Reclassifications/Eliminations Consolidated (Dollars in millions) Assets Current assets Cash and cash equivalents $ 261.6 $ 806.5 $ — $ 1,068.1 Restricted cash 13.8 66.9 — 80.7 Successor Notes issuance proceeds - restricted cash 1,000.0 — — 1,000.0 Accounts receivable, net — 330.8 (18.7 ) 312.1 Receivables from affiliates, net 214.9 — (214.9 ) — Inventories 116.3 134.5 — 250.8 Assets from coal trading activities, net 0.3 0.3 — 0.6 Other current assets 78.4 417.1 (1.6 ) 493.9 Total current assets 1,685.3 1,756.1 (235.2 ) 3,206.2 Property, plant, equipment and mine development, net 4,787.7 3,866.2 — 8,653.9 Investments and other assets 4,573.3 573.1 (4,170.0 ) 976.4 Notes receivable from affiliates, net 1,047.5 — (1,047.5 ) — Total assets $ 12,093.8 $ 6,195.4 $ (5,452.7 ) $ 12,836.5 Liabilities and Stockholders’ Equity Current liabilities Current portion of long-term debt $ 18.2 $ — $ — $ 18.2 Payables to affiliates, net — 214.9 (214.9 ) — Income taxes payable — 10.2 (1.6 ) 8.6 Liabilities from coal trading activities, net 0.1 0.6 — 0.7 Accounts payable and accrued expenses 546.7 430.7 (18.7 ) 958.7 Total current liabilities 565.0 656.4 (235.2 ) 986.2 Long-term debt, less current portion 950.5 — — 950.5 Deferred income taxes 10.4 5.8 — 16.2 Notes payable to affiliates, net — 1,047.5 (1,047.5 ) — Other noncurrent liabilities 1,668.6 303.4 — 1,972.0 Total liabilities not subject to compromise 3,194.5 2,013.1 (1,282.7 ) 3,924.9 Liabilities subject to compromise 8,416.7 — — 8,416.7 Total liabilities 11,611.2 2,013.1 (1,282.7 ) 12,341.6 Peabody Energy Corporation stockholders’ equity 482.6 4,170.0 (4,170.0 ) 482.6 Noncontrolling interests — 12.3 — 12.3 Total stockholders’ equity 482.6 4,182.3 (4,170.0 ) 494.9 Total liabilities and stockholders’ equity $ 12,093.8 $ 6,195.4 $ (5,452.7 ) $ 12,836.5 |
Supplemental Consolidated Statements Of Cash Flows [Table Text Block] | Unaudited Supplemental Condensed Consolidating Statements of Cash Flows Three Months Ended March 31, 2017 Parent Company Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidated (Dollars in millions) Cash Flows From Operating Activities Net cash provided by (used in) continuing operations $ 167.9 $ (288.2 ) $ 366.9 $ 246.6 Net cash used in discontinued operations (6.0 ) (0.7 ) (1.5 ) (8.2 ) Net cash provided by (used in) operating activities 161.9 (288.9 ) 365.4 238.4 Cash Flows From Investing Activities Additions to property, plant, equipment and mine development — (22.2 ) (10.6 ) (32.8 ) Changes in accrued expenses related to capital expenditures — (0.4 ) (1.0 ) (1.4 ) Federal coal lease expenditures — (0.5 ) — (0.5 ) Proceeds from disposal of assets — 24.3 — 24.3 Contributions to joint ventures — — (95.4 ) (95.4 ) Distributions from joint ventures — — 90.5 90.5 Advances to related parties — — (0.4 ) (0.4 ) Repayments of loans from related parties — — 31.1 31.1 Other, net — (0.2 ) (0.1 ) (0.3 ) Net cash provided by investing activities — 1.0 14.1 15.1 Cash Flows From Financing Activities Proceeds from long-term debt 1,000.0 — — 1,000.0 Successor Notes issuance proceeds into escrow (1,000.0 ) — — (1,000.0 ) Repayments of long-term debt — (1.2 ) (0.9 ) (2.1 ) Payment of deferred financing costs (29.1 ) — (26.3 ) (55.4 ) Distributions to noncontrolling interests — — (0.1 ) (0.1 ) Other, net (0.1 ) — — (0.1 ) Transactions with affiliates, net (177.9 ) 191.5 (13.6 ) — Net cash (used in) provided by financing activities (207.1 ) 190.3 (40.9 ) (57.7 ) Net change in cash and cash equivalents (45.2 ) (97.6 ) 338.6 195.8 Cash and cash equivalents at beginning of period 266.6 107.0 498.7 872.3 Cash and cash equivalents at end of period $ 221.4 $ 9.4 $ 837.3 $ 1,068.1 Unaudited Supplemental Condensed Consolidating Statements of Cash Flows Three Months Ended March 31, 2016 Parent Company Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidated (Dollars in millions) Cash Flows From Operating Activities Net cash used in continuing operations $ (331.7 ) $ (21.3 ) $ (85.9 ) $ (438.9 ) Net cash (used in) provided by discontinued operations (1.4 ) 1.9 (0.6 ) (0.1 ) Net cash used in operating activities (333.1 ) (19.4 ) (86.5 ) (439.0 ) Cash Flows From Investing Activities Additions to property, plant, equipment and mine development — (4.3 ) (9.0 ) (13.3 ) Changes in accrued expenses related to capital expenditures — (1.6 ) (1.8 ) (3.4 ) Federal coal lease expenditures — (0.4 ) — (0.4 ) Proceeds from disposal of assets — 2.0 0.1 2.1 Contributions to joint ventures — — (81.7 ) (81.7 ) Distributions from joint ventures — — 87.4 87.4 Advances to related parties — (1.2 ) — (1.2 ) Repayments of loans from related parties — — 2.1 2.1 Other, net — (2.5 ) (2.0 ) (4.5 ) Net cash used in investing activities — (8.0 ) (4.9 ) (12.9 ) Cash Flows From Financing Activities Proceeds from long-term debt 947.0 — — 947.0 Repayments of long-term debt (3.0 ) (1.1 ) (2.1 ) (6.2 ) Payment of deferred financing costs (2.8 ) — — (2.8 ) Other, net (0.1 ) (1.6 ) (0.1 ) (1.8 ) Transactions with affiliates, net 21.7 33.8 (55.5 ) — Net cash provided by (used in) financing activities 962.8 31.1 (57.7 ) 936.2 Net change in cash and cash equivalents 629.7 3.7 (149.1 ) 484.3 Cash and cash equivalents at beginning of period 7.2 4.7 249.4 261.3 Cash and cash equivalents at end of period $ 636.9 $ 8.4 $ 100.3 $ 745.6 Three Months Ended March 31, 2017 Debtors Non-Debtors Consolidated (Dollars in millions) Cash Flows From Operating Activities Net cash (used in) provided by continuing operations $ (49.7 ) $ 296.3 $ 246.6 Net cash used in discontinued operations (6.0 ) (2.2 ) (8.2 ) Net cash (used in) provided by operating activities (55.7 ) 294.1 238.4 Cash Flows From Investing Activities Additions to property, plant, equipment and mine development (25.4 ) (7.4 ) (32.8 ) Changes in accrued expenses related to capital expenditures 0.6 (2.0 ) (1.4 ) Federal coal lease expenditures (0.5 ) — (0.5 ) Proceeds from disposal of assets 24.3 — 24.3 Contributions to joint ventures — (95.4 ) (95.4 ) Distributions from joint ventures — 90.5 90.5 Advances to related parties — (0.4 ) (0.4 ) Repayments of loans from related parties — 31.1 31.1 Other, net (0.5 ) 0.2 (0.3 ) Net cash (used in) provided by investing activities (1.5 ) 16.6 15.1 Cash Flows From Financing Activities Proceeds from long-term debt 1,000.0 — 1,000.0 Successor Notes issuance proceeds into escrow (1,000.0 ) — (1,000.0 ) Repayments of long-term debt (1.2 ) (0.9 ) (2.1 ) Payment of deferred financing costs (55.4 ) — (55.4 ) Distributions to noncontrolling interests — (0.1 ) (0.1 ) Other, net (0.1 ) — (0.1 ) Transactions with affiliates, net (19.0 ) 19.0 — Net cash (used in) provided by financing activities (75.7 ) 18.0 (57.7 ) Net change in cash and cash equivalents (132.9 ) 328.7 195.8 Cash and cash equivalents at beginning of period 394.5 477.8 872.3 Cash and cash equivalents at end of period $ 261.6 $ 806.5 $ 1,068.1 |