U.S. Coal Demand and Peabody Strategic Overview
Reconciliation of Non-GAAP Measures
April 2 through
December 31, 2017
Successor
Quarter Ended
April 2 through
March 31, 2018
March 31, 2018
(In Millions)
Reconciliation of Non-GAAP Financial Measures
Income from Continuing Operations, Net of Income Taxes
Interest Expense
Loss on Early Debt Extinguishment
Interest Income
Net Periodic Benefit Costs, Excluding Service Cost
Reorganization Items, Net
Income Tax (Benefit) Provision
Operating Profit (1)
Depreciation, Depletion and Amortization
Asset Retirement Obligation Expenses
$713.1
$208.3
$921.4
119.7
36.3
156.0
20.9
20.9
(5.6)
(7.2)
(12.8)
21.7
4.5
26.2
(12.8)
(12.8)
(161.0)
10.1
(150.9)
$708.8
$239.2
$948.0
521.6
169.6
691.2
41.2
12.3
53.5
Net Mark-to-Market Adjustment on Actuarially Determined Liabilities
(45.2)
(45.2)
Changes in Deferred Tax Asset Valuation Allowance and Amortization of Basis
Difference Related to Equity Affiliates
(17.3)
(7.6)
(24.9)
Gain on Disposal of Reclamation Liability
(31.2)
(31.2)
Gain on Disposal of Burton Mine
(52.2)
(52.2)
Break Fees Related to Terminated Asset Sales
(28.0)
(28.0)
Unrealized Losses (Gains) on Economic Hedges
23.0
(38.6)
(15.6)
Unrealized Losses on Non-Coal Trading Derivative Contracts
1.5
1.8
3.3
Coal Inventory Revaluation
Take-or-Pay Contract-Based Intangible Recognition
Net Periodic Benefit Costs, Excluding Service Cost
Adjusted EBITDA (2)
67.3
67.3
(22.5)
(8.3)
(30.8)
(21.7)
(4.5)
(26.2)
$1,145.3
$363.9
$1,509.2
Peabody
Note: Refer to definition of metrics on the following slide.
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