Acquisition of Shoal Creek Mine (Tables)

12 Months Ended

Dec. 31, 2019

Acquisition of Shoal Creek Mine [Abstract]

Schedule of Business Acquisitions, by Acquisition [Table Text Block]

The following table summarizes the fair values of assets acquired and liabilities assumed that were recognized at the acquisition and control date as well as fair value adjustments made through December 31, 2019:

	Preliminary Allocations			Adjustments			Final Allocations
	(Dollars in millions)
Inventories	$	39.7		$	0.2		$	39.9
Property, plant, equipment and mine development	364.7			0.6			365.3
Current liabilities	(4.1		)	—			(4.1		)
Asset retirement obligations	(10.5		)	(0.8		)	(11.3		)
Total purchase price	$	389.8		$	—		$	389.8

Business Acquisition, Pro Forma Information [Table Text Block]

As a result of Peabody's reorganization and change in reporting entity as described in Note 1. “Summary of Significant Accounting Policies,” the following unaudited pro forma financial information presents the estimated combined results of operations of the Company and Shoal Creek Mine, on a pro forma basis, as though the operations of the Shoal Creek Mine had been combined with the Company’s operations as of April 2, 2017. Pro forma information is not presented for the year ended December 31, 2019 because the operations of the Shoal Creek Mine are reflected in the Company’s actual consolidated results for the entire year. The unaudited pro forma financial information does not necessarily reflect the results of operations that would have occurred had the operations of the Company and Shoal Creek Mine been combined during those periods or that may be attained in the future.

	Successor
	Year Ended December 31, 2018		April 2 through December 31, 2017
	(Dollars in millions, except per share data)
Revenues	$	6,008.4	$	4,506.2
Income from continuing operations, net of income taxes	826.6		783.3
Basic earnings per share from continuing operations	$	5.84	$	4.37
Diluted earnings per share from continuing operations	$	5.75	$	4.33