GUARANTOR SUBSIDIARIES FINANCIAL INFORMATION (Tables)

6 Months Ended

Jun. 30, 2019

Condensed Financial Information Disclosure [Abstract]

Income Statement

Income Statement for the Three Months Ended June 30, 2018 (unaudited):

	Parent Issuer		Guarantor		CCR Non-Guarantor			Non-Guarantor			Elimination			Consolidated
Revenue and Other Income:
Coal Revenue	$	—	$	278,023	$	92,674		$	—		$	—		$	370,697
Terminal Revenue	—		16,659		—			—			—			16,659
Freight Revenue	—		13,083		4,361			—			—			17,444
Miscellaneous Other Income	70,678		5,583		1,036			—			(66,928		)	10,369
Gain (Loss) on Sale of Assets	8		110		(14		)	—			—			104
Total Revenue and Other Income	70,686		313,458		98,057			—			(66,928		)	415,273
Costs and Expenses:
Operating and Other Costs	—		190,023		57,299			873			—			248,195
Depreciation, Depletion and Amortization	—		43,065		11,896			—			—			54,961
Freight Expense	—		13,083		4,361			—			—			17,444
Selling, General and Administrative Costs	—		12,364		3,341			—			—			15,705
Loss on Debt Extinguishment	1,723		—		—			—			—			1,723
Interest Expense, net	20,769		735		1,784			—			(1,784		)	21,504
Total Costs And Expenses	22,492		259,270		78,681			873			(1,784		)	359,532
Earnings (Loss) Before Income Tax	48,194		54,188		19,376			(873		)	(65,144		)	55,741
Income Tax Expense	3,032		—		—			—			—			3,032
Net Income (Loss)	45,162		54,188		19,376			(873		)	(65,144		)	52,709
Less: Net Income Attributable to Noncontrolling Interest	—		—		—			—			7,547			7,547
Net Income (Loss) Attributable to CONSOL Energy Inc. Shareholders	$	45,162	$	54,188	$	19,376		$	(873	)	$	(72,691	)	$	45,162

Income Statement for the Three Months Ended June 30, 2019 (unaudited):

	Parent Issuer			Guarantor			CCR Non-Guarantor			Non-Guarantor		Elimination			Consolidated
Revenue and Other Income:
Coal Revenue	$	—		$	262,965		$	87,655		$	—	$	—		$	350,620
Terminal Revenue	—			16,708			—			—		—			16,708
Freight Revenue	—			2,890			964			—		—			3,854
Miscellaneous Other Income (Loss)	55,908			(8,869		)	1,038			19,000		(54,883		)	12,194
Gain (Loss) on Sale of Assets	1,291			(348		)	(10		)	—		—			933
Total Revenue and Other Income	57,199			273,346			89,647			19,000		(54,883		)	384,309
Costs and Expenses:
Operating and Other Costs	—			194,580			58,450			418		—			253,448
Depreciation, Depletion and Amortization	—			34,815			11,336			—		—			46,151
Freight Expense	—			2,890			964			—		—			3,854
Selling, General and Administrative Costs	—			13,335			2,953			—		—			16,288
Loss on Debt Extinguishment	1,500			—			—			—		—			1,500
Interest Expense, net	14,227			262			1,557			—		—			16,046
Total Costs And Expenses	15,727			245,882			75,260			418		—			337,287
Earnings Before Income Tax	41,472			27,464			14,387			18,582		(54,883		)	47,022
Income Tax Benefit	(1,808		)	—			—			—		—			(1,808		)
Net Income	43,280			27,464			14,387			18,582		(54,883		)	48,830
Less: Net Income Attributable to Noncontrolling Interest	—			—			—			—		5,550			5,550
Net Income Attributable to CONSOL Energy Inc. Shareholders	$	43,280		$	27,464		$	14,387		$	18,582	$	(60,433	)	$	43,280

Balance Sheet

Balance Sheet at June 30, 2019 (unaudited):

	Parent Issuer		Guarantor		CCR Non-Guarantor		Non-Guarantor		Elimination			Consolidated
Assets:
Current Assets:
Cash and Cash Equivalents	$	154,815	$	361	$	460	$	36	$	—		$	155,672
Restricted Cash	14,781		—		—		3,915		—			18,696
Accounts and Notes Receivable:
Trade	—		—		—		110,454		—			110,454
Other Receivables	21,026		7,671		599		—		—			29,296
Inventories	—		39,598		11,593		—		—			51,191
Prepaid Expenses and Other Assets	9,154		16,353		5,537		—		—			31,044
Total Current Assets	199,776		63,983		18,189		114,405		—			396,353
Property, Plant and Equipment:
Property, Plant and Equipment	—		3,961,814		965,678		—		—			4,927,492
Less-Accumulated Depreciation, Depletion and Amortization	—		2,275,603		548,745		—		—			2,824,348
Total Property, Plant and Equipment-Net	—		1,686,211		416,933		—		—			2,103,144
Other Assets:
Deferred Income Taxes	91,837		—		—		—		—			91,837
Affiliated Credit Facility	137,550		—		—		—		(137,550		)	—
Investment in Affiliates	807,972		—		—		—		(807,972		)	—
Right of Use Asset - Operating Leases	—		64,111		17,994		—		—			82,105
Other	35,851		42,650		13,531		—		—			92,032
Total Other Assets	1,073,210		106,761		31,525		—		(945,522		)	265,974
Total Assets	$	1,272,986	$	1,856,955	$	466,647	$	114,405	$	(945,522	)	$	2,765,471
Liabilities and Equity:
Current Liabilities:
Accounts Payable	$	77,955	$	18,259	$	24,811	$	7,458	$	2,398		$	130,881
Accounts Payable (Recoverable)-Related Parties	—		—		380		—		(380		)	—
Current Portion of Long-Term Debt	23,185		11,194		3,595		—		—			37,974
Other Accrued Liabilities	80,455		122,495		38,117		350		(2,398		)	239,019
Total Current Liabilities	181,595		151,948		66,903		7,808		(380		)	407,874
Long-Term Debt:	565,083		144,888		140,646		—		(137,550		)	713,067
Deferred Credits and Other Liabilities:
Postretirement Benefits Other Than Pensions	—		432,495		—		—		—			432,495
Pneumoconiosis Benefits	—		160,184		4,683		—		—			164,867
Asset Retirement Obligations	—		226,873		10,776		—		—			237,649
Workers’ Compensation	—		56,484		3,015		—		—			59,499
Salary Retirement	57,805		—		—		—		—			57,805
Operating Lease Liability	—		53,771		14,695		—		—			68,466
Other	—		12,967		539		—		—			13,506
Total Deferred Credits and Other Liabilities	57,805		942,774		33,708		—		—			1,034,287
Total CONSOL Energy Inc. Stockholders’ Equity	468,503		617,345		225,390		106,597		(949,332		)	468,503
Noncontrolling Interest	—		—		—		—		141,740			141,740
Total Liabilities and Equity	$	1,272,986	$	1,856,955	$	466,647	$	114,405	$	(945,522	)	$	2,765,471

Balance Sheet at December 31, 2018:

	Parent Issuer			Guarantor		CCR Non-Guarantor		Non-Guarantor		Elimination			Consolidated
Assets:
Current Assets:
Cash and Cash Equivalents	$	234,536		$	138	$	1,003	$	—	$	—		$	235,677
Restricted Cash	14,557			—		—		14,701		—			29,258
Accounts and Notes Receivable:
Trade	—			—		—		87,589		—			87,589
Other Receivables	24,352			15,935		1,068		—		—			41,355
Inventories	—			37,580		11,066		—		—			48,646
Prepaid Expenses and Other Assets	10,883			15,451		5,096		—		—			31,430
Total Current Assets	284,328			69,104		18,233		102,290		—			473,955
Property, Plant and Equipment:
Property, Plant and Equipment	—			3,891,873		946,298		—		—			4,838,171
Less-Accumulated Depreciation, Depletion and Amortization	—			2,204,896		526,747		—		—			2,731,643
Total Property, Plant and Equipment-Net	—			1,686,977		419,551		—		—			2,106,528
Other Assets:
Deferred Income Taxes	77,545			—		—		—		—			77,545
Affiliated Credit Facility	141,129			—		—		—		(141,129		)	—
Investment in Affiliates	605,981			—		—		—		(605,981		)	—
Other	40,760			47,031		14,908		—		—			102,699
Total Other Assets	865,415			47,031		14,908		—		(747,110		)	180,244
Total Assets	$	1,149,743		$	1,803,112	$	452,692	$	102,290	$	(747,110	)	$	2,760,727
Liabilities and Equity:
Current Liabilities:
Accounts Payable	$	(721	)	$	102,995	$	24,834	$	—	$	3,822		$	130,930
Accounts Payable (Recoverable)-Related Parties	(2,291		)	36,220		3,831		87,593		(125,353		)	—
Current Portion of Long-Term Debt	8,157			11,139		3,503		—		112,013			134,812
Other Accrued Liabilities	92,534			105,806		31,916		—		(3,822		)	226,434
Total Current Liabilities	97,679			256,160		64,084		87,593		(13,340		)	492,176
Long-Term Debt:	577,957			151,202		146,196		—		(141,129		)	734,226
Deferred Credits and Other Liabilities:
Postretirement Benefits Other Than Pensions	—			441,246		—		—		—			441,246
Pneumoconiosis Benefits	—			160,741		4,260		—		—			165,001
Asset Retirement Obligations	—			226,209		9,775		—		—			235,984
Workers’ Compensation	—			56,623		3,119		—		—			59,742
Salary Retirement	64,172			—		—		—		—			64,172
Other	—			16,051		518		—		—			16,569
Total Deferred Credits and Other Liabilities	64,172			900,870		17,672		—		—			982,714
Total CONSOL Energy Inc. Stockholders’ Equity	409,935			494,880		224,740		14,697		(734,317		)	409,935
Noncontrolling Interest	—			—		—		—		141,676			141,676
Total Liabilities and Equity	$	1,149,743		$	1,803,112	$	452,692	$	102,290	$	(747,110	)	$	2,760,727

Condensed Statement of Cash Flows

Condensed Statement of Cash Flows for the Six Months Ended June 30, 2019 (unaudited):

	Parent Issuer			Guarantor			CCR Non-Guarantor			Non-Guarantor		Elimination			Consolidated
Net Cash Provided by (Used in) Operating Activities	$	161,749		$	(43,026	)	$	47,078		$	—	$	—		$	165,801
Cash Flows from Investing Activities:
Capital Expenditures	—			(64,908		)	(18,046		)	—		—			(82,954		)
Proceeds from Sales of Assets	—			1,296			4			—		—			1,300
(Investments in), net of Distributions from, Subsidiaries	(86,783		)	95,629			—			—		(8,846		)	—
Net Cash (Used in) Provided by Investing Activities	(86,783		)	32,017			(18,042		)	—		(8,846		)	(81,654		)
Cash Flows from Financing Activities:
Payments on Finance Leases	—			(7,242		)	(1,890		)	—		—			(9,132		)
Net (Payments on) Proceeds from Related Party Long-Term Notes	(2,000		)	—			2,000			—		—			—
Proceeds from Term Loan A	26,250			—			—			—		—			26,250
Payments on Term Loan A	(3,750		)	—			—			—		—			(3,750		)
Payments on Term Loan B	(123,062		)	—			—			—		—			(123,062		)
Buyback of Second Lien Notes	(19,320		)	—			—			—		—			(19,320		)
Distributions to Noncontrolling Interest	—			—			(28,809		)	—		17,690			(11,119		)
Shares/Units Withheld for Taxes	(4,743		)	880			(880		)	—		—			(4,743		)
Repurchases of Common Stock	(9,550		)	—			—			—		—			(9,550		)
Purchases of CCR Units	(119		)	—			—			—		—			(119		)
Debt-Related Financing Fees	(20,169		)	—			—			—		—			(20,169		)
Net Cash (Used in) Provided by Financing Activities	$	(156,463	)	$	(6,362	)	$	(29,579	)	$	—	$	17,690		$	(174,714	)

Condensed Statement of Cash Flows for the Six Months Ended June 30, 2018 (unaudited):

	Parent Issuer			Guarantor			CCR Non-Guarantor			Non-Guarantor		Elimination			Consolidated
Net Cash (Used in) Provided by Operating Activities	$	(1,344	)	$	201,323		$	78,213		$	—	$	—		$	278,192
Cash Flows from Investing Activities:
Capital Expenditures	—			(44,020		)	(12,179		)	—		—			(56,199		)
Proceeds from Sales of Assets	—			1,064			165			—		—			1,229
Distributions from, net of (Investments in), Subsidiaries	21,478			(3,959		)	—			—		(17,519		)	—
Net Cash Provided by (Used in) Investing Activities	21,478			(46,915		)	(12,014		)	—		(17,519		)	(54,970		)
Cash Flows from Financing Activities:
Payments on Finance Leases	—			(5,186		)	(1,411		)	—		—			(6,597		)
Net Proceeds from (Payments on) Related Party Long-Term Notes	36,083			—			(36,083		)	—		—			—
Payments on Term Loan A	(26,250		)	—			—			—		—			(26,250		)
Payments on Term Loan B	(2,000		)	—			—			—		—			(2,000		)
Buyback of Second Lien Notes	(20,524		)	—			—			—		—			(20,524		)
Distributions to Noncontrolling Interest	—			—			(28,693		)	—		17,519			(11,174		)
Shares/Units Withheld for Taxes	—			(1,972		)	(899		)	—		—			(2,871		)
Spin Distribution to CNX Resources	—			(18,234		)	—			—		—			(18,234		)
Repurchases of Common Stock	(3,281		)	—			—			—		—			(3,281		)
Debt-Related Financing Fees	(1,767		)	—			—			—		—			(1,767		)
Net Cash (Used in) Provided by Financing Activities	$	(17,739	)	$	(25,392	)	$	(67,086	)	$	—	$	17,519		$	(92,698	)

Statement of Comprehensive Income

Statement of Comprehensive Income for the Three Months Ended June 30, 2019 (unaudited):

	Parent Issuer			Guarantor		CCR Non-Guarantor			Non- Guarantor		Elimination			Consolidated
Net Income	$	43,280		$	27,464	$	14,387		$	18,582	$	(54,883	)	$	48,830
Other Comprehensive Income:
Net Actuarial Gain (Loss)	2,462			—		(3		)	—		—			2,459
Unrecognized Loss on Derivatives	(264		)	—		—			—		—			(264		)
Other Comprehensive Income (Loss)	2,198			—		(3		)	—		—			2,195
Comprehensive Income	45,478			27,464		14,384			18,582		(54,883		)	51,025
Less: Comprehensive Income Attributable to Noncontrolling Interest	—			—		—			—		5,549			5,549
Comprehensive Income Attributable to CONSOL Energy Inc. Shareholders	$	45,478		$	27,464	$	14,384		$	18,582	$	(60,432	)	$	45,476

Statement of Comprehensive Income for the Three Months Ended June 30, 2018 (unaudited):

	Parent Issuer		Guarantor		CCR Non-Guarantor			Non- Guarantor			Elimination			Consolidated
Net Income (Loss)	$	45,162	$	54,188	$	19,376		$	(873	)	$	(65,144	)	$	52,709
Other Comprehensive Income (Loss):
Net Actuarial Gain (Loss)	4,184		—		(2		)	—			—			4,182
Other Comprehensive Income (Loss)	4,184		—		(2		)	—			—			4,182
Comprehensive Income (Loss)	49,346		54,188		19,374			(873		)	(65,144		)	56,891
Less: Comprehensive Income Attributable to Noncontrolling Interest	—		—		—			—			7,550			7,550
Comprehensive Income (Loss) Attributable to CONSOL Energy Inc. Shareholders	$	49,346	$	54,188	$	19,374		$	(873	)	$	(72,694	)	$	49,341

Statement of Comprehensive Income for the Six Months Ended June 30, 2019 (unaudited):

	Parent Issuer			Guarantor		CCR Non-Guarantor			Non- Guarantor		Elimination			Consolidated
Net Income	$	57,715		$	62,870	$	29,607		$	18,167	$	(99,226	)	$	69,133
Other Comprehensive Income:
Net Actuarial Gain (Loss)	4,919			—		(6		)	—		6			4,919
Unrecognized Loss on Derivatives	(264		)	—		—			—		—			(264		)
Other Comprehensive Income (Loss)	4,655			—		(6		)	—		6			4,655
Comprehensive Income	62,370			62,870		29,601			18,167		(99,220		)	73,788
Less: Comprehensive Income Attributable to Noncontrolling Interest	—			—		—			—		11,416			11,416
Comprehensive Income Attributable to CONSOL Energy Inc. Shareholders	$	62,370		$	62,870	$	29,601		$	18,167	$	(110,636	)	$	62,372

Statement of Comprehensive Income for the Six Months Ended June 30, 2018 (unaudited):

	Parent Issuer		Guarantor		CCR Non-Guarantor			Non- Guarantor			Elimination			Consolidated
Net Income (Loss)	$	107,570	$	117,169	$	41,333		$	(1,568	)	$	(140,837	)	$	123,667
Other Comprehensive Income (Loss):
Net Actuarial Gain (Loss)	8,183				(4		)	—			—			8,179
Other Comprehensive Income (Loss)	8,183		—		(4		)	—			—			8,179
Comprehensive Income (Loss)	115,753		117,169		41,329			(1,568		)	(140,837		)	131,846
Less: Comprehensive Income Attributable to Noncontrolling Interest	—		—		—			—			16,098			16,098
Comprehensive Income (Loss) Attributable to CONSOL Energy Inc. Shareholders	$	115,753	$	117,169	$	41,329		$	(1,568	)	$	(156,935	)	$	115,748