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Segment Information (Tables)
6 Months Ended
Jun. 30, 2023
Segment Reporting [Abstract]  
Reportable Segment Results
Reportable segment results were as follows:
Three Months Ended June 30,Six Months Ended June 30,
 2023202220232022
 (Dollars in millions)
Revenue:  
Seaborne Thermal$399.5 $354.9 $746.0 $606.1 
Seaborne Metallurgical372.5 533.8 660.9 855.1 
Powder River Basin259.7 229.7 565.0 480.9 
Other U.S. Thermal199.9 224.9 449.3 428.0 
Corporate and Other37.2 (21.4)211.6 (356.8)
Total$1,268.8 $1,321.9 $2,632.8 $2,013.3 
Adjusted EBITDA:  
Seaborne Thermal$197.5 $176.8 $361.5 $267.3 
Seaborne Metallurgical102.5 299.7 193.3 480.7 
Powder River Basin26.2 (2.0)62.0 5.6 
Other U.S. Thermal51.9 61.9 116.1 111.9 
Corporate and Other(19.9)41.4 15.9 39.8 
Total$358.2 $577.8 $748.8 $905.3 
Reconciliation of Consolidated (Loss) Income from Continuing Operations, Net of Income Taxes to Adjusted EBITDA
A reconciliation of consolidated income from continuing operations, net of income taxes to Adjusted EBITDA follows:
Three Months Ended June 30,Six Months Ended June 30,
2023202220232022
 (Dollars in millions)
Income from continuing operations, net of income taxes$204.1 $411.3 $488.2 $291.5 
Depreciation, depletion and amortization80.6 73.8 156.9 146.7 
Asset retirement obligation expenses15.5 12.7 30.9 27.7 
Restructuring charges2.0 0.2 2.1 1.8 
Asset impairment— — 2.0 — 
Provision for NARM and Shoal Creek loss33.7 — 33.7 — 
Changes in amortization of basis difference related to equity affiliates(0.4)(0.6)(0.7)(1.2)
Interest expense13.3 37.6 31.7 77.0 
Net loss on early debt extinguishment2.0 2.3 8.8 25.8 
Interest income(23.1)(0.9)(36.2)(1.4)
Unrealized (gains) losses on derivative contracts related to forecasted sales(40.3)24.5 (159.0)325.5 
Unrealized (gains) losses on foreign currency option contracts(2.8)6.3 (0.6)3.0 
Take-or-pay contract-based intangible recognition(0.6)(0.7)(1.2)(1.4)
Income tax provision74.2 11.3 192.2 10.3 
Adjusted EBITDA$358.2 $577.8 $748.8 $905.3