Segment Information

12 Months Ended

Dec. 31, 2014

Segment Reporting [Abstract]

Segment Reporting Disclosure [Text Block]

SEGMENT INFORMATION:

CONSOL Energy consists of two principal business divisions: Exploration and Production (E&P) and Coal. The principal activity of the E&P division, which includes four reportable segments, is to produce pipeline quality natural gas for sale primarily to gas wholesalers. The E&P division's reportable segments are Marcellus, Utica, Coalbed Methane, and Other Gas. The Other Gas segment is primarily related to conventional oil and gas production as well as Upper Devonian Shale, and includes the Company's purchased gas activities and general and administrative activities, as well as various other activities assigned to the Gas division but not allocated to each individual well type.

The principal activities of the Coal division are mining, preparation and marketing of thermal coal, sold primarily to power generators, and metallurgical coal, sold to metal and coke producers. The Coal division includes three reportable segments, which are Pennsylvania (PA) Operations, Virginia (VA) Operations, and Other Coal. Each of these reportable segments includes a number of operating segments (which are individual mines or the type of coal sold). For the year ended December 31, 2014, the PA Operations aggregated segment includes the following mines: Bailey, Enlow Fork, and Harvey Mines and the corresponding preparation plant facilities. For the year ended December 31, 2014, the VA Operations aggregated segment includes the Buchanan Mine and the corresponding preparation plant facilities. For the year ended December 31, 2014, the Other Coal segment includes, Miller Creek Complex, coal terminal operations, the Company's purchased coal activities, idled mine activities and general and administrative activities, as well as various other activities assigned to the Coal division but not allocated to each individual mine.

CONSOL Energy’s All Other division includes industrial supplies (sold December 2014 - See Note 3 - Acquisitions and Dispositions) and various other corporate expenses that are not allocated to the E&P or Coal segment.

In the preparation of the following information, intersegment sales have been recorded at amounts approximating market. Operating profit for each segment is based on sales less identifiable operating and non-operating expenses. Assets are reflected at the division level for E&P and are not allocated between each individual E&P segment. These assets are not allocated to each individual segment due to the diverse asset base controlled by CONSOL Energy, whereby each individual asset may service more than one segment within the division. An allocation of such asset base would not be meaningful or representative on a segment by segment basis.

Reconciliation Of Assets And Liabilities From Segment To Consolidated [Text Block]

Reconciliation of Segment Information to Consolidated Amounts:

Revenue and Other Income:

	For the Years Ended December 31,
	2014		2013		2012
Total segment sales and freight from external customers	$	3,476,100	$	3,120,722	$	3,282,350
Other income not allocated to segments (Note 4)	207,103		111,483		113,170
Gain on sale of assets	43,601		67,480		282,006
Total Consolidated Revenue and Other Income	$	3,726,804	$	3,299,685	$	3,677,526

Earnings Before Income Taxes:

	For the Years Ended December 31,
	2014			2013			2012
Segment Earnings Before Income Taxes for total reportable business segments	$	597,161		$	342,779		$	648,016
Segment Earnings Before Income Taxes for all other businesses	(32,821		)	(17,201		)	26,194
Interest (expense), net (I)	(223,564		)	(219,198		)	(220,042		)
Evaluation fees for non-core asset dispositions (I)	(9,785		)	(15,168		)	(6,584		)
Loss on debt extinguishment	(95,267		)	—			—
Other non-operating activity (I)	(52,600		)	(45,137		)	(40,897		)
Earnings Before Income Taxes	$	183,124		$	46,075		$	406,687

Total Assets:	December 31,
	2014		2013
Segment assets for total reportable business segments	$	11,471,946	$	10,682,752
Segment assets for all other businesses	15,089		132,487
Items excluded from segment assets:
Cash and other investments (I)	147,210		321,992
Recoverable income taxes	20,401		10,705
Deferred tax assets	66,569		211,303
Bond issuance costs	38,315		34,428
Total Consolidated Assets	$	11,759,530	$	11,393,667

_________________________ 

(I) Excludes amounts specifically related to the gas segment.

Enterprise-Wide Disclosures:

CONSOL Energy's Revenues by geographical location (J):

	For the Years Ended December 31,
	2014		2013		2012
United States	$	3,354,581	$	2,999,674	$	2,898,341
Europe	91,340		83,878		187,313
South America	21,685		29,787		169,591
Canada	8,494		3,575		5,692
Other	—		3,808		21,413
Total Revenues and Freight from External Customers (K)	$	3,476,100	$	3,120,722	$	3,282,350

_________________________

(J) CONSOL Energy attributes revenue to individual countries based on the location of the customer.

(K) CONSOL Energy has contractual relationships with certain U.S. based customers who distribute coal to international markets. The table above reflects the ultimate destination of CONSOL Energy coal.

CONSOL Energy's Property, Plant and Equipment by geographical location are:

	December 31,
	2014		2013
United States	$	10,151,448	$	9,431,238
Canada	11,024		11,024
Total Property, Plant and Equipment, net	$	10,162,472	$	9,442,262

Segment Information

Industry segment results for the year ended December 31, 2014 are:

	Marcellus Shale		Utica Shale		Coalbed Methane		Other Gas			Total Gas		PA Operations		VA Operations		Other Coal			Total Coal		All Other			Corporate, Adjustments & Eliminations			Consolidated
Sales—outside	$	473,141	$	88,195	$	344,842	$	121,939		$	1,028,117	$	1,616,989	$	297,088	$	179,344		$	2,093,421	$	234,987		$	—		$	3,356,525	(A)
Sales—purchased gas	—		—		—		8,999			8,999		—		—		—			—		—			—			8,999
Sales—gas royalty interests	—		—		—		82,428			82,428		—		—		—			—		—			—			82,428
Freight—outside	—		—		—		—			—		16,767		616		10,765			28,148		—			—			28,148
Intersegment transfers	—		—		2,458		—			2,458		—		—		—			—		78,229			(80,687		)	—
Total Sales and Freight	$	473,141	$	88,195	$	347,300	$	213,366		$	1,122,002	$	1,633,756	$	297,704	$	190,109		$	2,121,569	$	313,216		$	(80,687	)	$	3,476,100
Earnings (Loss) Before Income Taxes	$	151,617	$	41,064	$	91,672	$	(94,639	)	$	189,714	$	426,540	$	11,608	$	(30,701	)	$	407,447	$	(32,821	)	$	(381,216	)	$	183,124	(B)
Segment assets										$	7,364,185	2,014,636		360,422		1,732,703			$	4,107,761	$	15,089		$	272,495		$	11,759,530	(C)
Depreciation, depletion and amortization										$	314,381	$	162,367	$	47,021	$	45,526		$	254,914	$	1,896		$	—		$	571,191
Capital expenditures										$	1,103,656	$	340,282	$	26,654	$	13,375		$	380,311	$	9,458		$	—		$	1,493,425

(A) Included in the Coal segment are sales of $394,849 to Duke Energy and sales of $344,617 to Xcoal Energy Resources each comprising over 10% of sales.

(B) Includes equity in earnings of unconsolidated affiliates of $32,216, $18,913 and $(1,338) for E&P, Coal, and All Other, respectively.

(C) Includes investments in unconsolidated equity affiliates of $121,721 and $27,544 for E&P and Coal, respectively.

Industry segment results for the year ended December 31, 2013 are:

	Marcellus Shale		Utica Shale			Coalbed Methane		Other Gas			Total Gas			PA Operations		VA Operations		Other Coal			Total Coal		All Other			Corporate, Adjustments & Eliminations			Consolidated
Sales—outside	$	251,846	$	4,370		$	335,730	$	145,755		$	737,701		$	1,357,337	$	450,033	$	254,061		$	2,061,431	$	216,419		$	—		$	3,015,551	(D)
Sales—purchased gas	—		—			—		6,531			6,531			—		—		—			—		—			—			6,531
Sales—gas royalty interests	—		—			—		63,202			63,202			—		—		—			—		—			—			63,202
Freight—outside	—		—			—		—			—			17,779		4,010		13,649			35,438		—			—			35,438
Intersegment transfers	—		—			3,168		—			3,168			—		—		—			—		127,553			(130,721		)	—
Total Sales and Freight	$	251,846	$	4,370		$	338,898	$	215,488		$	810,602		$	1,375,116	$	454,043	$	267,710		$	2,096,869	$	343,972		$	(130,721	)	$	3,120,722
Earnings (Loss) Before Income Taxes	$	79,462	$	(3,980	)	$	81,260	$	(158,356	)	$	(1,614	)	$	310,467	$	89,470	$	(55,544	)	$	344,393	$	(17,201	)	$	(279,503	)	$	46,075	(E)
Segment assets											$	6,334,468		$	1,982,195	$	389,372	$	1,976,717		$	4,348,284	$	132,487		$	578,428		$	11,393,667	(F)
Depreciation, depletion and amortization											$	231,809		$	120,754	$	54,725	$	51,160		$	226,639	$	2,674		$	—		$	461,122
Capital expenditures											$	968,607		$	404,293	$	21,265	$	29,520		$	455,078	$	72,371		$	—		$	1,496,056

(D) Included in the Coal segment are sales of $495,242 to Xcoal Energy & Resources and $346,424 to Duke Energy each comprising over 10% of sales.

(E) Includes equity in earnings of unconsolidated affiliates of $14,684, $18,045 and $403 for E&P, Coal, and All Other, respectively.

(F) Includes investments in unconsolidated equity affiliates of $206,060, $80,849 and $1,750 for E&P, Coal, and All Other, respectively.

Industry segment results for the year ended December 31, 2012 are:

	Marcellus Shale		Utica Shale			Coalbed Methane		Other Gas			Total Gas		PA Operations		VA Operations		Other Coal		Total Coal		All Other		Corporate, Adjustments & Eliminations			Consolidated
Sales—outside	$	134,080	$	400		$	379,595	$	144,745		$	658,820	$	1,323,679	$	505,682	$	391,310	$	2,220,671	$	243,059	$	—		$	3,122,550	(G)
Sales—purchased gas	—		—			—		3,316			3,316		—		—		—		—		—		—			3,316
Sales—gas royalty interests	—		—			—		49,405			49,405		—		—		—		—		—		—			49,405
Freight—outside	—		—			—		—			—		50,901		35,838		20,340		107,079		—		—			107,079
Intersegment transfers	—		—			1,622		—			1,622		—		—		—		—		142,014		(143,636		)	—
Total Sales and Freight	$	134,080	$	400		$	381,217	$	197,466		$	713,163	$	1,374,580	$	541,520	$	411,650	$	2,327,750	$	385,073	$	(143,636	)	$	3,282,350
Earnings (Loss) Before Income Taxes	$	29,546	$	(2,127	)	$	125,970	$	(113,938	)	$	39,451	$	337,681	$	176,765	$	94,119	$	608,565	$	26,194	$	(267,523	)	$	406,687	(H)
Segment assets											$	5,768,882	1,766,144		425,010		2,142,332		$	4,333,486	$	135,170	$	2,760,056		$	12,997,594	(I)
Depreciation, depletion and amortization											$	205,149	$	119,082	$	48,491	$	52,063	$	219,636	$	2,330	$	—		$	427,115
Capital expenditures											$	532,636	$	489,874	$	126,421	$	79,763	$	696,058	$	16,803	$	—		$	1,245,497

(G) Included in the Coal segment are sales of $382,843 to Xcoal Energy & Resources comprising over 10% of sales.

(H)     Includes equity in earnings of unconsolidated affiliates of $9,562, $17,318 and $168 for E&P, Coal, and All Other, respectively.

(I) Includes investments in unconsolidated equity affiliates of $143,876, $78,454, and $500 for E&P, Coal, and All Other, respectively.