Segment Information

12 Months Ended

Dec. 31, 2017

SEGMENT INFORMATION:

CONSOL Energy Inc. consists of one reportable segment: Pennsylvania Mining Complex. The principal activities of PAMC are mining, preparation and marketing of thermal coal, sold primarily to power generators. It also includes selling, general and administrative activities, as well as various other activities assigned to PAMC.

CONSOL Energy Inc.’s Other segment includes revenue and expenses from various corporate and diversified business activities that are not allocated to PAMC. The diversified business activities include coal terminal operations, closed and idle mine activities, selling, general and administrative activities, as well as various other non-operated activities, none of which are individually significant to the Company.

Industry segment results for the year ended December 31, 2017 are:



	PAMC		Other			Adjustments and Eliminations		Consolidated
Coal Revenue	$	1,187,654	$	—		$	—	$	1,187,654	(A)
Terminal Revenue	—		60,066			—		60,066
Freight Revenue	73,692		—			—		73,692
Total Revenue and Freight	$	1,261,346	$	60,066		$	—	$	1,321,412
Earnings (Loss) Before Income Tax	$	189,162	$	(19,365	)	$	—	$	169,797
Segment Assets	$	1,971,268	$	735,831		$	—	$	2,707,099
Depreciation, Depletion and Amortization	$	166,628	$	5,374		$	—	$	172,002
Capital Expenditures	$	77,981	$	3,432		$	—	$	81,413


(A)	Included in the PAMC segment are sales of $222,354 to Duke Energy and sales of $145,248 to Xcoal, each comprising over 10% of sales.

Industry segment results for the year ended December 31, 2016 are:



	PAMC		Other			Adjustments and Eliminations		Consolidated
Coal Revenue	$	1,065,582	$	—		$	—	$	1,065,582	(B)
Terminal Revenue	—		31,464			—		31,464
Freight Revenue	46,468		—			—		46,468
Total Revenue and Freight	$	1,112,050	$	31,464		$	—	$	1,143,514
Earnings (Loss) Before Income Tax	$	130,708	$	(65,693	)	$	—	$	65,015
Segment Assets	$	1,982,206	$	705,228		$	—	$	2,687,434
Depreciation, Depletion and Amortization	$	168,195	$	9,927		$	—	$	178,122
Capital Expenditures	$	50,809	$	2,791		$	—	$	53,600

(B) Included in the PAMC segment are sales of $160,818 to Duke Energy and sales of $116,849 to GenOn Energy Management, LLC, each comprising over 10% of sales.

Industry segment results for the year ended December 31, 2015 are:



	PAMC		Other		Adjustments and Eliminations		Consolidated
Coal Revenue	$	1,289,036	$	—	$	—	$	1,289,036	(C)
Terminal Revenue	—		30,967		—		30,967
Freight Revenue	20,499		—		—		20,499
Total Revenue and Freight	$	1,309,535	$	30,967	$	—	$	1,340,502
Earnings Before Income Tax	$	404,994	$	38,032	$	—	$	443,026
Segment Assets	$	2,076,301	$	791,432	$	—	$	2,867,733
Depreciation, Depletion and Amortization	$	176,864	$	18,473	$	—	$	195,337
Capital Expenditures	$	136,291	$	6,762	$	—	$	143,053

(C) Included in the PAMC segment are sales of $242,020 to Duke Energy, sales of $157,174 to GenOn Energy Management, LLC, and sales of $150,199 to Xcoal, each comprising over 10% of sales.

Reconciliation of Segment Information to Consolidated Amounts:

Revenue and Other Income:



	For the Years Ended December 31,
	2017		2016		2015
Total Segment Revenue and Freight from External Customers	$	1,321,412	$	1,143,514	$	1,340,502
Other Income not Allocated to Segments (Note 3)	73,279		82,120		68,193
Gain on Sale of Assets	17,212		5,228		13,025
Total Consolidated Revenue and Other Income	$	1,411,903	$	1,230,862	$	1,421,720

Total Assets:



	December 31,
	2017		2016
Segment assets for total reportable business segments	$	1,971,268	$	1,982,206
Segment assets for all other business segments	508,334		520,586
Items excluded from segment assets:
Cash and other investments	152,432		63
Deferred tax assets	75,065		184,579
Total Consolidated Assets	$	2,707,099	$	2,687,434

Enterprise-Wide Disclosures:

For the years ended December 31, 2017, 2016 and 2015, CONSOL Energy revenue was predominantly attributable to the United States of America. Less than one percent was attributable to Canada for the years ended December 31, 2016 and 2015.

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



	December 31,
	2017		2016		2015
United States	$	2,111,273	$	2,169,246	$	2,314,157
Canada	11,024		11,024		11,024
Total Property, Plant and Equipment, net	$	2,122,297	$	2,180,270	$	2,325,181