U.S. Coal Demand and Peabody Strategic Overview slide image

U.S. Coal Demand and Peabody Strategic Overview

Reconciliation of Non-GAAP Measures Reconciliation of Non-GAAP Financial Measures Income from Continuing Operations, Net of Income Taxes Depreciation, Depletion and Amortization Asset Retirement Obligation Expenses Asset Impairment Changes in Deferred Tax Asset Valuation Allowance and Amortization of Basis Difference Related to Equity Affiliates Interest Expense Interest Income Reorganization Items, Net Unrealized Gains on Economic Hedges Unrealized Losses on Non-Coal Trading Derivative Contracts Take-or-Pay Contract-Based Intangible Recognition Income Tax Provision Adjusted EBITDA (1) Net Cash Provided by Operating Activities Net Cash (Used In) Provided By Investing Activities Free Cash Flow (2) Peabody Note: Refer to definitions of Adjusted EBITDA and Free Cash Flow on following slide. 2018 Successor Quarter Ended March 31 (In Millions) 2017 Predecessor $208.3 169.6 $124.3 119.9 12.3 14.6 30.5 (7.6) (5.2) 36.3 32.9 (7.2) (2.7) (12.8) 41.4 (38.6) 1.8 (8.3) (16.6) 10.1 2.2 $363.9 $341.3 $579.7 $256.1 (6.4) 15.1 $573.3 $271.2 34
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