XML 16 R2.htm IDEA: XBRL DOCUMENT v3.23.2
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Income Statement [Abstract]        
Revenues $ (1,268.8) $ (1,321.9) $ (2,632.8) $ (2,013.3)
Costs and expenses        
Operating costs and expenses (exclusive of items shown separately below) 862.0 825.6 1,708.6 1,524.6
Depreciation, depletion and amortization 80.6 73.8 156.9 146.7
Asset retirement obligation expenses 15.5 12.7 30.9 27.7
Selling and administrative expenses 21.7 21.8 44.5 44.9
Restructuring charges 2.0 0.2 2.1 1.8
Other operating income:        
Net gain on disposals (5.2) (12.8) (7.1) (17.7)
Asset impairment 0.0 0.0 2.0 0.0
Provision for NARM and Shoal Creek loss 33.7 0.0 33.7 0.0
Income from equity affiliates (2.3) (48.7) (4.1) (93.4)
Operating profit 260.8 449.3 665.3 378.7
Interest expense 13.3 37.6 31.7 77.0
Net loss on early debt extinguishment 2.0 2.3 8.8 25.8
Interest income (23.1) (0.9) (36.2) (1.4)
Net periodic benefit credit, excluding service cost (9.7) (12.3) (19.4) (24.5)
Income from continuing operations before income taxes 278.3 422.6 680.4 301.8
Income tax provision 74.2 11.3 192.2 10.3
Income from continuing operations, net of income taxes 204.1 411.3 488.2 291.5
Loss from discontinued operations, net of income taxes (1.3) (0.7) (2.6) (1.5)
Net income 202.8 410.6 485.6 290.0
Less: Net income attributable to noncontrolling interests 23.6 1.1 37.9 0.0
Net income attributable to common stockholders $ 179.2 $ 409.5 $ 447.7 $ 290.0
Income from continuing operations:        
Basic income per share $ 1.27 $ 2.85 $ 3.14 $ 2.08
Diluted income per share 1.16 2.55 2.85 1.93
Net income attributable to common stockholders:        
Basic income per share 1.26 2.84 3.12 2.07
Diluted income per share $ 1.15 $ 2.54 $ 2.83 $ 1.93