Guarantor Subsidiaries Financial Information (Tables)

12 Months Ended

Dec. 31, 2019

Condensed Financial Information Disclosure [Abstract]

Income Statement

Income Statement for the Year Ended December 31, 2019: 

	Parent Issuer		Guarantor			CCR Non-Guarantor			Non-Guarantor		Elimination			Consolidated
Revenue and Other Income:
Coal Revenue	$	—	$	966,397		$	322,132		$	—	$	—		$	1,288,529
Terminal Revenue	—		67,363			—			—		—			67,363
Freight Revenue	—		14,750			4,917			—		—			19,667
Miscellaneous Other Income	160,441		(11,418		)	5,928			38,401		(140,003		)	53,349
Gain (Loss) on Sale of Assets	2,188		(144		)	(49		)	—		—			1,995
Total Revenue and Other Income	162,629		1,036,948			332,928			38,401		(140,003		)	1,430,903
Costs and Expenses:
Operating and Other Costs	—		729,232			217,175			1,605		—			948,012
Depreciation, Depletion and Amortization	—		161,290			45,807			—		—			207,097
Freight Expense	—		14,750			4,917			—		—			19,667
Selling, General and Administrative Costs	—		54,237			12,874			—		—			67,111
Loss on Debt Extinguishment	24,455		—			—			—		—			24,455
Interest Expense, net	57,634		2,226			6,604			—		—			66,464
Total Costs and Expenses	82,089		961,735			287,377			1,605		—			1,332,806
Earnings (Loss) Before Income Tax	80,540		75,213			45,551			36,796		(140,003		)	98,097
Income Tax Expense	4,539		—			—			—		—			4,539
Net Income (Loss)	76,001		75,213			45,551			36,796		(140,003		)	93,558
Less: Net Income Attributable to Noncontrolling Interest	—		—			—			—		17,557			17,557
Net Income (Loss) Attributable to CONSOL Energy Inc. Shareholders	$	76,001	$	75,213		$	45,551		$	36,796	$	(157,560	)	$	76,001

Income Statement for the Year Ended December 31, 2018:

	Parent Issuer		Guarantor		CCR Non-Guarantor			Non-Guarantor			Elimination			Consolidated
Revenue and Other Income:
Coal Revenue	$	—	$	1,023,219	$	341,073		$	—		$	—		$	1,364,292
Terminal Revenue	—		64,926		—			—			—			64,926
Freight Revenue	—		32,679		10,893			—			—			43,572
Miscellaneous Other Income	247,711		27,013		5,243			—			(221,307		)	58,660
Gain (Loss) on Sale of Assets	—		599		(34		)	—			—			565
Total Revenue and Other Income	247,711		1,148,436		357,175			—			(221,307		)	1,532,015
Costs and Expenses:
Operating and Other Costs	—		729,593		214,376			2,481			—			946,450
Depreciation, Depletion and Amortization	—		156,522		44,742			—			—			201,264
Freight Expense	—		32,679		10,893			—			—			43,572
Selling, General and Administrative Costs	—		51,415		13,931			—			—			65,346
Loss on Debt Extinguishment	3,922		—		—			—			—			3,922
Interest Expense, net	81,985		2,905		6,667			—			(7,709		)	83,848
Total Costs and Expenses	85,907		973,114		290,609			2,481			(7,709		)	1,344,402
Earnings (Loss) Before Income Tax	161,804		175,322		66,566			(2,481		)	(213,598		)	187,613
Income Tax Expense	8,828		—		—			—			—			8,828
Net Income (Loss)	152,976		175,322		66,566			(2,481		)	(213,598		)	178,785
Less: Net Income Attributable to Noncontrolling Interest	—		—		—			—			25,809			25,809
Net Income (Loss) Attributable to CONSOL Energy Inc. Shareholders	$	152,976	$	175,322	$	66,566		$	(2,481	)	$	(239,407	)	$	152,976

Income Statement for the Year Ended December 31, 2017: 

	Parent Issuer		Guarantor			CCR Non-Guarantors		Non-Guarantor			Elimination			Consolidated
Revenue and Other Income:
Coal Revenue	$	—	$	890,741		$	296,913	$	—		$	—		$	1,187,654
Terminal Revenue	—		60,066			—		—			—			60,066
Freight Revenue	—		55,269			18,423		—			—			73,692
Miscellaneous Other Income	238,818		67,230			6,049		—			(238,818		)	73,279
Gain on Sale of Assets	—		15,813			1,399		—			—			17,212
Total Revenue and Other Income	238,818		1,089,119			322,784		—			(238,818		)	1,411,903
Costs and Expenses:
Operating and Other Costs	—		691,451			194,986		272			—			886,709
Depreciation, Depletion and Amortization	—		130,565			41,437		—			—			172,002
Freight Expense	—		55,269			18,423		—			—			73,692
Selling, General and Administrative Costs	—		67,908			15,697		—			—			83,605
Loss on Debt Extinguishment	—		—			2,468		—			(2,468		)	—
Interest Expense, net	10,064		355,059			9,309		1,723			(350,057		)	26,098
Total Costs and Expenses	10,064		1,300,252			282,320		1,995			(352,525		)	1,242,106
Earnings (Loss) Before Income Tax	228,754		(211,133		)	40,464		(1,995		)	113,707			169,797
Income Tax Expense (Benefit)	161,125		(73,897		)	—		—			—			87,228
Net Income (Loss)	67,629		(137,236		)	40,464		(1,995		)	113,707			82,569
Less: Net Income Attributable to Noncontrolling Interest	—		—			—		—			14,940			14,940
Net Income (Loss) Attributable to CONSOL Energy Inc. Shareholders	$	67,629	$	(137,236	)	$	40,464	$	(1,995	)	$	98,767		$	67,629

Balance Sheet

Balance Sheet at December 31, 2019:

	Parent Issuer		Guarantor		CCR Non-Guarantor		Non-Guarantor		Elimination			Consolidated
Assets:
Current Assets:
Cash and Cash Equivalents	$	79,569	$	148	$	543	$	33	$	—		$	80,293
Accounts and Notes Receivable:
Trade Receivables, net of Allowance	—		—		—		131,688		—			131,688
Other Receivables	28,147		11,265		1,572		—		—			40,984
Inventories	—		41,478		12,653		—		—			54,131
Prepaid Expenses and Other Assets	8,657		16,524		5,746		6		—			30,933
Total Current Assets	116,373		69,415		20,514		131,727		—			338,029
Property, Plant and Equipment:
Property, Plant and Equipment	—		4,023,282		984,898		—		—			5,008,180
Less-Accumulated Depreciation, Depletion and Amortization	—		2,344,777		571,238		—		—			2,916,015
Total Property, Plant and Equipment-Net	—		1,678,505		413,660		—		—			2,092,165
Other Assets:
Deferred Income Taxes	103,505		—		—		—		—			103,505
Right of Use Asset - Operating Leases	—		56,937		15,695		—		—			72,632
Affiliated Credit Facility	148,156		—		—		—		(148,156		)	—
Investment in Affiliates	822,102		—		—		—		(822,102		)	—
Other	30,973		43,042		13,456		—		—			87,471
Total Other Assets	1,104,736		99,979		29,151		—		(970,258		)	263,608
Total Assets	$	1,221,109	$	1,847,899	$	463,325	$	131,727	$	(970,258	)	$	2,693,802
Liabilities and Equity:
Current Liabilities:
Accounts Payable	$	71,153	$	7,987	$	22,805	$	4,278	$	—		$	106,223
Accounts Payable (Recoverable)-Related Parties	—		—		1,419		—		(1,419		)	—
Current Portion of Long-Term Debt	28,225		16,795		5,252		—		—			50,272
Other Accrued Liabilities	82,452		116,403		39,455		—		(2,541		)	235,769
Total Current Liabilities	181,830		141,185		68,931		4,278		(3,960		)	392,264
Long-Term Debt	554,150		107,043		149,801		—		(148,156		)	662,838
Deferred Credits and Other Liabilities:
Postretirement Benefits Other Than Pensions	—		432,496		—		—		—			432,496
Pneumoconiosis Benefits	—		196,114		6,028		—		—			202,142
Asset Retirement Obligations	—		239,410		10,801		—		—			250,211
Workers’ Compensation	—		57,583		3,611		—		—			61,194
Salary Retirement	49,930		—		—		—		—			49,930
Operating Lease Liability	—		43,906		11,507		—		—			55,413
Other	—		14,134		785		—		—			14,919
Total Deferred Credits and Other Liabilities	49,930		983,643		32,732		—		—			1,066,305
Total CONSOL Energy Inc. Stockholders’ Equity	435,199		616,028		211,861		127,449		(955,338		)	435,199
Noncontrolling Interest	—		—		—		—		137,196			137,196
Total Liabilities and Equity	$	1,221,109	$	1,847,899	$	463,325	$	131,727	$	(970,258	)	$	2,693,802

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 Receivables, net of Allowance	—			—		—		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 (Recoverable) Payable-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 Year Ended December 31, 2018:

	Parent Issuer			Guarantor			CCR Non-Guarantor			Non-Guarantor		Elimination			Consolidated
Net Cash Provided by Operating Activities	$	231,522		$	56,624		$	125,379		$	—	$	—		$	413,525
Cash Flows from Investing Activities:
Capital Expenditures	—			(114,606		)	(31,143		)	—		—			(145,749		)
(Investments in), net of Distributions from, Subsidiaries	(2,908		)	38,032			—			—		(35,124		)	—
Proceeds from Sales of Assets	—			1,933			170			—		—			2,103
Other Investing Activity	(10,000		)	—			—			—		—			(10,000		)
Net Cash Used in Investing Activities	(12,908		)	(74,641		)	(30,973		)	—		(35,124		)	(153,646		)
Cash Flows from Financing Activities:
Payments on Finance Lease Obligations	(2,905		)	(9,527		)	(3,052		)	—		—			(15,484		)
Affiliated Credit Facility	33,583			—			(33,583		)	—		—			—
Payments on Term Loan A	(26,250		)	—			—			—		—			(26,250		)
Payments on Term Loan B	(4,000		)	—			—			—		—			(4,000		)
Payments on Second Lien Notes	(25,724		)	—			—			—		—			(25,724		)
Distributions to Noncontrolling Interest	—			—			(57,389		)	—		35,124			(22,265		)
Shares/Units Withheld for Taxes	—			(2,512		)	(912		)	—		—			(3,424		)
Repurchases of Common Stock	(25,839		)	—			—			—		—			(25,839		)
Purchases of CCR Units	(3,079		)	—			—			—		—			(3,079		)
Spin Distribution to CNX Resources Corporation	(18,234		)	—			—			—		—			(18,234		)
Premium Paid on Extinguishment of Debt	(2,458		)	—			—			—		—			(2,458		)
Debt Issuance and Financing Fees	(2,166		)	—			—			—		—			(2,166		)
Net Cash (Used in) Provided by Financing Activities	$	(77,072	)	$	(12,039	)	$	(94,936	)	$	—	$	35,124		$	(148,923	)

Condensed Statement of Cash Flows for the Year Ended December 31, 2017:

	Parent Issuer			Guarantor			CCR Non-Guarantors			Non-Guarantor		Elimination			Consolidated
Net Cash (Used in) Provided by Operating Activities	$	(17,032	)	$	192,423		$	72,644		$	75	$	—		$	248,110
Cash Flows from Investing Activities:
Capital Expenditures	—			(61,917		)	(19,496		)	—		—			(81,413		)
Proceeds from Sales of Assets	—			23,082			1,500			—		—			24,582
Net Cash Used in Investing Activities	—			(38,835		)	(17,996		)	—		—			(56,831		)
Cash Flows from Financing Activities:
Payments on Finance Lease Obligations	(3,503		)	(305		)	(96		)	—		—			(3,904		)
Affiliated Credit Facility	—			—			196,583			—		(196,583		)	—
Proceeds from Term Loan A	100,000			—			—			—		—			100,000
Proceeds from Term Loan B	392,147			—			—			—		—			392,147
Proceeds from Second Lien Notes	300,000			—			—			—		—			300,000
Net Payments on Revolver - MLP	—			—			(201,000		)	—		—			(201,000		)
Distributions to Noncontrolling Interest	—			—			(56,400		)	—		34,508			(21,892		)
Shares/Units Withheld for Taxes	—			(171		)	(1,985		)	—		—			(2,156		)
Spin Distribution to CNX Resources Corporation	(425,000		)	—			—			—		—			(425,000		)
Intercompany (Distributions) Contributions	(5,573		)	(156,502		)	—			—		162,075			—
Other Parent Net Distributions	(156,502		)	—			—			—		—			(156,502		)
Debt Issuance and Financing Fees	(32,304		)	—			—			—		—			(32,304		)
Net Cash Provided by (Used in) Financing Activities	$	169,265		$	(156,978	)	$	(62,898	)	$	—	$	—		$	(50,611	)

Condensed Statement of Cash Flows for the Year Ended December 31, 2019:

	Parent Issuer			Guarantor			CCR Non-Guarantor			Non-Guarantor		Elimination			Consolidated
Net Cash Provided by (Used In) Operating Activities	$	253,112		$	(89,671	)	$	81,125		$	—	$	—		$	244,566
Cash Flows from Investing Activities:
Capital Expenditures	—			(132,562		)	(37,177		)	—		—			(169,739		)
(Investments in), net of Distributions from, Subsidiaries	(206,658		)	242,056			—			—		(35,398		)	—
Proceeds from Sales of Assets	—			2,195			6			—		—			2,201
Other Investing Activity	(5,003		)	—			—			—		—			(5,003		)
Net Cash (Used in) Provided by Investing Activities	(211,661		)	111,689			(37,171		)	—		(35,398		)	(172,541		)
Cash Flows from Financing Activities:
Payments on Finance Lease Obligations	—			(14,708		)	(3,841		)	—		—			(18,549		)
Affiliated Credit Facility	(17,925		)	—			17,925			—		—			—
Proceeds from Term Loan A	26,250			—			—			—		—			26,250
Payments on Term Loan A	(11,250		)	—			—			—		—			(11,250		)
Payments on Term Loan B	(124,437		)	—			—			—		—			(124,437		)
Payments on Second Lien Notes	(52,648		)	—			—			—		—			(52,648		)
Proceeds from Asset-Backed Financing	3,757			—			—			—		—			3,757
Payments on Asset-Backed Financing	(240		)	—			—			—		—			(240		)
Distributions to Noncontrolling Interest	—			—			(57,618		)	—		35,398			(22,220		)
Shares/Units Withheld for Taxes	—			(4,083		)	(880		)	—		—			(4,963		)
Repurchases of Common Stock	(32,733		)	—			—			—		—			(32,733		)
Purchases of CCR Units	(369		)	—			—			—		—			(369		)
Premium Paid on Extinguishment of Debt	(6,773		)	—			—			—		—			(6,773		)
Debt Issuance and Financing Fees	(12,492		)	—			—			—		—			(12,492		)
Net Cash (Used in) Provided by Financing Activities	$	(228,860	)	$	(18,791	)	$	(44,414	)	$	—	$	35,398		$	(256,667	)

Statement of Comprehensive Income

Statement of Comprehensive Income for the Year Ended December 31, 2019:

	Parent Issuer			Guarantor		CCR Non-Guarantor			Non- Guarantor		Elimination			Consolidated
Net Income (Loss)	$	76,001		$	75,213	$	45,551		$	36,796	$	(140,003	)	$	93,558
Other Comprehensive Income (Loss):
Net Actuarial (Loss) Gain	(25,132		)	—		(1,341		)	—		1,341			(25,132		)
Unrecognized Loss on Derivatives	(117		)	—		—			—		—			(117		)
Other Comprehensive (Loss) Income	(25,249		)	—		(1,341		)	—		1,341			(25,249		)
Comprehensive Income (Loss)	50,752			75,213		44,210			36,796		(138,662		)	68,309
Less: Comprehensive Income Attributable to Noncontrolling Interest	—			—		—			—		17,551			17,551
Comprehensive Income (Loss) Attributable to CONSOL Energy Inc. Shareholders	$	50,752		$	75,213	$	44,210		$	36,796	$	(156,213	)	$	50,758

Statement of Comprehensive Income for the Year Ended December 31, 2017:

	Parent Issuer		Guarantor			CCR Non-Guarantors		Non- Guarantor			Elimination			Consolidated
Net Income (Loss)	$	67,629	$	(137,236	)	$	40,464	$	(1,995	)	$	113,707		$	82,569
Other Comprehensive Income (Loss):
Net Actuarial Gain (Loss)	94,919		—			1,366		—			(1,366		)	94,919
Other Comprehensive Income (Loss)	94,919		—			1,366		—			(1,366		)	94,919
Comprehensive Income (Loss)	162,548		(137,236		)	41,830		(1,995		)	112,341			177,488
Less: Comprehensive Income Attributable to Noncontrolling Interest	—		—			—		—			14,896			14,896
Comprehensive Income (Loss) Attributable to CONSOL Energy Inc. Shareholders	$	162,548	$	(137,236	)	$	41,830	$	(1,995	)	$	97,445		$	162,592

Statement of Comprehensive Income for the Year Ended December 31, 2018:

	Parent Issuer		Guarantor		CCR Non-Guarantor			Non- Guarantor			Elimination			Consolidated
Net Income (Loss)	$	152,976	$	175,322	$	66,566		$	(2,481	)	$	(213,598	)	$	178,785
Other Comprehensive Income (Loss):
Net Actuarial Gain (Loss)	66,341		—		(1,477		)	—			1,477			66,341
Other Comprehensive Income (Loss)	66,341		—		(1,477		)	—			1,477			66,341
Comprehensive Income (Loss)	219,317		175,322		65,089			(2,481		)	(212,121		)	245,126
Less: Comprehensive Income Attributable to Noncontrolling Interest	—		—		—			—			25,803			25,803
Comprehensive Income (Loss) Attributable to CONSOL Energy Inc. Shareholders	$	219,317	$	175,322	$	65,089		$	(2,481	)	$	(237,924	)	$	219,323