Supplemental Guarantor/ Non-Guarantor Financial Information (Tables)

6 Months Ended

Jun. 30, 2011

Supplemental Guarantor/Non-Guarantor Financial Information [Abstract]

Unaudited Supplemental Condensed Consolidating Statements of Operations

Unaudited Supplemental Condensed Consolidating Statements of Operations

	Three Months Ended June 30, 2011
	Parent			Guarantor			Non-Guarantor
	Company			Subsidiaries			Subsidiaries			Eliminations			Consolidated
	(Dollars in millions)
Total revenues	$	—		$	1,275.7		$	777.5		$	(45.2	)	$	2,008.0
Costs and expenses
Operating costs and expenses		(107.2	)		1,062.1			483.1			(45.2	)		1,392.8
Depreciation, depletion and amortization		—			69.3			36.0			—			105.3
Asset retirement obligation expense		—			10.2			5.6			—			15.8
Selling and administrative expenses		8.4			48.5			1.7			—			58.6
Other operating (income) loss:
Net gain on disposal or exchange of assets		—			(25.6	)		(0.1	)		—			(25.7	)
(Income) loss from equity affiliates		(251.9	)		1.8			1.0			251.9			2.8
Interest expense		50.2			13.7			2.4			(17.2	)		49.1
Interest income		(4.4	)		(5.3	)		(11.0	)		17.2			(3.5	)
Income from continuing operations before income taxes		304.9			101.0			258.8			(251.9	)		412.8
Income tax provision		19.9			20.4			79.5			—			119.8
Income from continuing operations, net of income taxes		285.0			80.6			179.3			(251.9	)		293.0
Loss from discontinued operations, net of income taxes		(0.2	)		(0.6	)		—			—			(0.8	)
Net income		284.8			80.0			179.3			(251.9	)		292.2
Less: Net income attributable to noncontrolling interests		—			—			7.4			—			7.4
Net income attributable to common stockholders	$	284.8		$	80.0		$	171.9		$	(251.9	)	$	284.8

Unaudited Supplemental Condensed Consolidated Statements of Operations

	Three Months Ended June 30, 2010
	Parent			Guarantor			Non-Guarantor
	Company			Subsidiaries			Subsidiaries			Eliminations			Consolidated
	(Dollars in millions)
Total revenues	$	—		$	960.5		$	887.3		$	(186.4	)	$	1,661.4
Costs and expenses
Operating costs and expenses		(12.6	)		693.5			680.2			(186.4	)		1,174.7
Depreciation, depletion and amortization		—			72.7			32.4			—			105.1
Asset retirement obligation expense		—			8.0			2.9			—			10.9
Selling and administrative expenses		8.4			41.9			3.8			—			54.1
Other operating (income) loss:
Net gain on disposal or exchange of assets		—			(1.2	)		(0.2	)		—			(1.4	)
(Income) loss from equity affiliates		(240.5	)		1.9			1.8			230.4			(6.4	)
Interest expense		57.5			12.7			3.8			(16.1	)		57.9
Interest income		(3.8	)		(5.5	)		(8.4	)		16.1			(1.6	)
Income from continuing operations before income taxes		191.0			136.5			171.0			(230.4	)		268.1
Income tax provision (benefit)		(15.2	)		39.0			29.6			—			53.4
Income from continuing operations, net of income taxes		206.2			97.5			141.4			(230.4	)		214.7
Loss from discontinued operations, net of income taxes		—			(0.5	)		—			—			(0.5	)
Net income		206.2			97.0			141.4			(230.4	)		214.2
Less: Net income attributable to noncontrolling interests		—			—			8.0			—			8.0
Net income attributable to common stockholders	$	206.2		$	97.0		$	133.4		$	(230.4	)	$	206.2

Unaudited Supplemental Condensed Consolidating Statements of Operations

	Six Months Ended June 30, 2011
	Parent			Guarantor			Non-Guarantor
	Company			Subsidiaries			Subsidiaries			Eliminations			Consolidated
	(Dollars in millions)
Total revenues	$	—		$	2,252.6		$	1,674.5		$	(174.2	)	$	3,752.9
Costs and expenses
Operating costs and expenses		(190.0	)		1,748.3			1,276.8			(174.2	)		2,660.9
Depreciation, depletion and amortization		—			143.5			70.6			—			214.1
Asset retirement obligation expense		—			20.0			8.9			—			28.9
Selling and administrative expenses		16.9			98.5			4.8			—			120.2
Other operating (income) loss:
Net (gain) loss on disposal or exchange of assets		—			(30.5	)		0.8			—			(29.7	)
(Income) loss from equity affiliates		(411.8	)		3.7			2.1			411.8			5.8
Interest expense		101.3			26.9			5.8			(33.9	)		100.1
Interest income		(8.7	)		(10.6	)		(22.2	)		33.9			(7.6	)
Income from continuing operations before income taxes		492.3			252.8			326.9			(411.8	)		660.2
Income tax provision		30.2			61.6			95.8			—			187.6
Income from continuing operations, net of income taxes		462.1			191.2			231.1			(411.8	)		472.6
Loss from discontinued operations, net of income taxes		(0.8	)		(0.9	)		—			—			(1.7	)
Net income		461.3			190.3			231.1			(411.8	)		470.9
Less: Net income attributable to noncontrolling interests		—			—			9.6			—			9.6
Net income attributable to common stockholders	$	461.3		$	190.3		$	221.5		$	(411.8	)	$	461.3

	Six Months Ended June 30, 2010
	Parent			Guarantor			Non-Guarantor
	Company			Subsidiaries			Subsidiaries			Eliminations			Consolidated
	(Dollars in millions)
Total revenues	$	—		$	2,064.0		$	1,485.2		$	(372.2	)	$	3,177.0
Costs and expenses
Operating costs and expenses		(40.9	)		1,522.3			1,174.2			(372.2	)		2,283.4
Depreciation, depletion and amortization		—			145.1			65.5			—			210.6
Asset retirement obligation expense		—			15.0			5.4			—			20.4
Selling and administrative expenses		17.5			86.5			5.5			—			109.5
Other operating (income) loss:
Net gain on disposal or exchange of assets		—			(8.5	)		(0.2	)		—			(8.7	)
(Income) loss from equity affiliates		(391.1	)		3.7			3.0			379.6			(4.8	)
Interest expense		107.0			25.5			7.5			(32.1	)		107.9
Interest income		(7.6	)		(10.9	)		(16.2	)		32.1			(2.6	)
Income from continuing operations before income taxes		315.1			285.3			240.5			(379.6	)		461.3
Income tax provision (benefit)		(24.8	)		87.9			46.4			—			109.5
Income from continuing operations, net of income taxes		339.9			197.4			194.1			(379.6	)		351.8
Loss from discontinued operations, net of income taxes		—			(0.9	)		—			—			(0.9	)
Net income		339.9			196.5			194.1			(379.6	)		350.9
Less: Net income attributable to noncontrolling interests		—			—			11.0			—			11.0
Net income attributable to common stockholders	$	339.9		$	196.5		$	183.1		$	(379.6	)	$	339.9

Unaudited Supplemental Condensed Consolidating Balance Sheet

Unaudited Supplemental Condensed Consolidating Balance Sheet

	June 30, 2011
	Parent		Guarantor			Non-Guarantor		Reclassifications/
	Company		Subsidiaries			Subsidiaries		Eliminations			Consolidated
	(Dollars in millions)
Assets
Current assets
Cash and cash equivalents	$	719.3	$	0.7		$	456.9	$	—		$	1,176.9
Short-term investments		50.0		—			25.0		—			75.0
Accounts receivable, net		5.4		19.3			620.1		—			644.8
Inventories		—		190.2			183.8		—			374.0
Assets from coal trading activities, net		—		21.4			87.8		—			109.2
Deferred income taxes		—		46.2			63.4		(6.1	)		103.5
Other current assets		444.9		30.3			151.8		—			627.0
Total current assets		1,219.6		308.1			1,588.8		(6.1	)		3,110.4
Property, plant, equipment and mine development, net		—		4,735.4			2,848.6		—			7,584.0
Investments and other assets		9,792.7		173.6			133.2		(9,048.3	)		1,051.2
Total assets	$	11,012.3	$	5,217.1		$	4,570.6	$	(9,054.4	)	$	11,745.6
Liabilities and Stockholders’ Equity
Current liabilities
Current maturities of long-term debt	$	25.0	$	—		$	18.8	$	—		$	43.8
Payables to (receivables from) affiliates, net		2,327.9		(2,576.4	)		248.5		—			—
Liabilities from coal trading activities, net		—		16.2			89.9		—			106.1
Deferred income taxes		6.1		—			—		(6.1	)		—
Accounts payable and accrued expenses		25.9		707.4			602.3		—			1,335.6
Total current liabilities		2,384.9		(1,852.8	)		959.5		(6.1	)		1,485.5
Long-term debt, less current maturities		2,377.7		0.1			90.4		—			2,468.2
Deferred income taxes		156.7		111.7			329.4		—			597.8
Notes payable to (receivables from) affiliates, net		819.1		(825.1	)		6.0		—			—
Other noncurrent liabilities		58.5		1,670.5			219.8		—			1,948.8
Total liabilities		5,796.9		(895.6	)		1,605.1		(6.1	)		6,500.3
Peabody Energy Corporation’s stockholders’ equity		5,215.4		6,112.7			2,935.6		(9,048.3	)		5,215.4
Noncontrolling interests		—		—			29.9		—			29.9
Total stockholders’ equity		5,215.4		6,112.7			2,965.5		(9,048.3	)		5,245.3
Total liabilities and stockholders’ equity	$	11,012.3	$	5,217.1		$	4,570.6	$	(9,054.4	)	$	11,745.6

Supplemental Condensed Consolidating Balance Sheet

	December 31, 2010
	Parent		Guarantor			Non-Guarantor		Reclassifications/
	Company		Subsidiaries			Subsidiaries		Eliminations			Consolidated
	(Dollars in millions)
Assets
Current assets
Cash and cash equivalents	$	903.8	$	5.2		$	386.2	$	—		$	1,295.2
Accounts receivable, net		2.1		5.5			550.6		—			558.2
Inventories		—		168.0			164.9		—			332.9
Assets from coal trading activities, net		—		23.8			168.7		—			192.5
Deferred income taxes		—		78.6			47.9		(6.1	)		120.4
Other current assets		307.9		30.7			120.4		—			459.0
Total current assets		1,213.8		311.8			1,438.7		(6.1	)		2,958.2
Property, plant, equipment and mine development, net		—		4,732.7			2,693.4		—			7,426.1
Investments and other assets		9,331.0		179.8			99.1		(8,631.1	)		978.8
Total assets	$	10,544.8	$	5,224.3		$	4,231.2	$	(8,637.2	)	$	11,363.1
Liabilities and Stockholders’ Equity
Current liabilities
Current maturities of long-term debt	$	25.0	$	—		$	18.2	$	—		$	43.2
Payables to (receivables from) affiliates, net		2,225.3		(2,528.3	)		303.0		—			—
Liabilities from coal trading activities, net		—		29.5			152.2		—			181.7
Deferred income taxes		6.1		—			—		(6.1	)		—
Accounts payable and accrued expenses		47.4		777.2			464.2		—			1,288.8
Total current liabilities		2,303.8		(1,721.6	)		937.6		(6.1	)		1,513.7
Long-term debt, less current maturities		2,609.6		0.1			97.1		—			2,706.8
Deferred income taxes		93.2		135.4			311.2		—			539.8
Notes payable to (receivables from) affiliates, net		818.9		(825.3	)		6.4		—			—
Other noncurrent liabilities		58.6		1,652.8			202.1		—			1,913.5
Total liabilities		5,884.1		(758.6	)		1,554.4		(6.1	)		6,673.8
Peabody Energy Corporation’s stockholders’ equity		4,660.7		5,982.9			2,648.2		(8,631.1	)		4,660.7
Noncontrolling interests		—		—			28.6		—			28.6
Total stockholders’ equity		4,660.7		5,982.9			2,676.8		(8,631.1	)		4,689.3
Total liabilities and stockholders’ equity	$	10,544.8	$	5,224.3		$	4,231.2	$	(8,637.2	)	$	11,363.1

Unaudited Supplemental Condensed Consolidating Statements of Cash Flows

Unaudited Supplemental Condensed Consolidating Statements of Cash Flows

	Six Months Ended June 30, 2011
	Parent			Guarantor			Non-Guarantor
	Company			Subsidiaries			Subsidiaries			Consolidated
	(Dollars in millions)
Cash Flows From Operating Activities
Net cash provided by continuing operations	$	43.8		$	417.7		$	156.7		$	618.2
Net cash used in discontinued operations		(1.4	)		(1.2	)		—			(2.6	)
Net cash provided by operating activities		42.4			416.5			156.7			615.6
Cash Flows From Investing Activities
Additions to property, plant, equipment and mine development		—			(123.6	)		(231.2	)		(354.8	)
Investment in Prairie State Energy Campus		—			(21.5	)		—			(21.5	)
Proceeds from disposal of assets		—			9.6			—			9.6
Investment in equity affiliates and joint ventures		—			(2.4	)		—			(2.4	)
Proceeds from sale of debt securities		—			—			21.0			21.0
Purchases of debt securities		—			—			(14.6	)		(14.6	)
Purchases of short-term investments		(75.0	)		—			(25.0	)		(100.0	)
Maturity of short-term investments		25.0			—			—			25.0
Other, net		—			(1.8	)		(0.3	)		(2.1	)
Net cash used in investing activities		(50.0	)		(139.7	)		(250.1	)		(439.8	)
Cash Flows From Financing Activities
Proceeds from long-term debt		—			—			1.4			1.4
Payments of long-term debt		(230.6	)		—			(7.6	)		(238.2	)
Dividends paid		(46.8	)		—			—			(46.8	)
Repurchase of employee common stock relinquished for tax withholding		(15.4	)		—			—			(15.4	)
Excess tax benefits related to share-based compensation		5.8			—			—			5.8
Proceeds from stock options exercised		4.4			—			—			4.4
Other, net		3.0			—			(8.3	)		(5.3	)
Transactions with affiliates, net		102.7			(281.3	)		178.6			—
Net cash provided by (used in) financing activities		(176.9	)		(281.3	)		164.1			(294.1	)
Net change in cash and cash equivalents		(184.5	)		(4.5	)		70.7			(118.3	)
Cash and cash equivalents at beginning of period		903.8			5.2			386.2			1,295.2
Cash and cash equivalents at end of period	$	719.3		$	0.7		$	456.9		$	1,176.9

Unaudited Supplemental Condensed Consolidating Statements of Cash Flows

	Six Months Ended June 30, 2010
	Parent			Guarantor			Non-Guarantor
	Company			Subsidiaries			Subsidiaries			Consolidated
	(Dollars in millions)
Cash Flows From Operating Activities
Net cash provided by (used in) continuing operations	$	(98.1	)	$	454.1		$	118.3		$	474.3
Net cash used in discontinued operations		(8.8	)		(1.1	)		—			(9.9	)
Net cash provided by (used in) operating activities		(106.9	)		453.0			118.3			464.4
Cash Flows From Investing Activities
Additions to property, plant, equipment and mine development		—			(159.3	)		(28.2	)		(187.5	)
Investment in Prairie State Energy Campus		—			(30.5	)		—			(30.5	)
Proceeds from disposal of assets		—			4.9			1.2			6.1
Investment in equity affiliates and joint ventures		—			(15.0	)		(2.4	)		(17.4	)
Other, net		—			(4.3	)		(0.1	)		(4.4	)
Net cash used in investing activities		—			(204.2	)		(29.5	)		(233.7	)
Cash Flows From Financing Activities
Proceeds from long-term debt		500.0			—			—			500.0
Payments of long-term debt		(490.3	)		—			(5.4	)		(495.7	)
Dividends paid		(37.6	)		—			—			(37.6	)
Repurchase of employee common stock relinquished for tax withholding		(8.0	)		—			—			(8.0	)
Payment of debt issuance costs		(21.9	)		—			—			(21.9	)
Proceeds from stock options exercised		2.4			—			—			2.4
Other, net		2.8			(2.4	)		(2.1	)		(1.7	)
Transactions with affiliates, net		240.1			(246.4	)		6.3			—
Net cash provided by (used in) financing activities		187.5			(248.8	)		(1.2	)		(62.5	)
Net change in cash and cash equivalents		80.6			—			87.6			168.2
Cash and cash equivalents at beginning of period		368.4			0.2			620.2			988.8
Cash and cash equivalents at end of period	$	449.0		$	0.2		$	707.8		$	1,157.0