XML 61 R61.htm IDEA: XBRL DOCUMENT v2.4.0.6
Commitments and Contingencies (Tables)
12 Months Ended
Dec. 31, 2011
Long-term Purchase Commitment [Table Text Block]
At December 31, 2011, CONSOL Energy has provided the following financial guarantees, unconditional purchase obligations and letters of credit to certain third parties, as described by major category in the following table. These amounts represent the maximum potential total of future payments that we could be required to make under these instruments. These amounts have not been reduced for potential recoveries under recourse or collateralization provisions. Generally, recoveries under reclamation bonds would be limited to the extent of the work performed at the time of the default. No amounts related to these financial guarantees and letters of credit are recorded as liabilities on the financial statements. CONSOL Energy management believes that these guarantees will expire without being funded, and therefore the commitments will not have a material adverse effect on financial condition.
 
 
Amount of Commitment
Expiration Per Period
 
Total
Amounts
Committed
 
Less Than
1  Year
 
1-3 Years
 
3-5 Years
 
Beyond
5  Years
Letters of Credit:
 
 
 
 
 
 
 
 
 
Employee-Related
$
198,447

 
$
128,645

 
$
69,802

 
$

 
$

Environmental
56,994

 
23,076

 
33,918

 

 

Other
80,508

 
43,561

 
36,947

 

 

Total Letters of Credit
335,949

 
195,282

 
140,667

 

 

Surety Bonds:
 
 
 
 
 
 
 
 
 
Employee-Related
204,895

 
204,895

 

 

 

Environmental
442,698

 
439,435

 
3,263

 

 

Other
27,776

 
27,763

 
12

 

 
1

Total Surety Bonds
675,369

 
672,093

 
3,275

 

 
1

Guarantees:
 
 
 
 
 
 
 
 
 
Coal
79,800

 
30,752

 
26,548

 
18,500

 
4,000

Gas
100,223

 
54,613

 
14,988

 

 
30,622

Other
451,640

 
80,237

 
139,642

 
86,721

 
145,040

Total Guarantees
631,663

 
165,602

 
181,178

 
105,221

 
179,662

Total Commitments
$
1,642,981

 
$
1,032,977

 
$
325,120

 
$
105,221

 
$
179,663

Unrecorded Unconditional Purchase Obligations Disclosure
s. These purchase obligations are not recorded on the Consolidated Balance Sheet. As of December 31, 2011, the purchase obligations for each of the next five years and beyond were as follows:
 
Obligations Due
Amount
Less than 1 year
$
242,982

1 - 3 years
396,516

3 - 5 years
471,047

More than 5 years
1,649,325

Total Purchase Obligations
$
2,759,870

Supply Commitment [Table Text Block]
Costs related to these purchase obligations include:
 
 
 
 
 
 
For The Years Ended December 31,
 
2011
 
2010
 
2009
Gas drilling obligations
$
108,167

 
$
28,641

 
$

Firm transportation expense
59,606

 
40,274

 
21,668

Major equipment purchases
43,698

 
56,723

 
89,261

Other
891

 
497

 
120

Total costs related to purchase obligations
$
212,362

 
$
126,135

 
$
111,049