Peabody Energy Corporation is a coal company, which is engaged in the mining of thermal coal for sale primarily to electric utilities and metallurgical coal for sale to industrial customers. Its mining operations are located in the United States and Australia. Its segments are Powder River Basin Mining, Midwestern U.S. Mining, Western U.S. Mining, Australian Metallurgical Mining, Australian Thermal Mining, Trading and Brokerage, and Corporate and Other. Its mining segments in the United States engage in the mining, preparation and sale of thermal coal, sold primarily to electric utilities in the United States. The Trading and Brokerage segment engages in the direct and brokered trading of coal and freight-related contracts. The Corporate and Other segment includes selling and administrative expenses, corporate hedging activities and restructuring charges, among others. It also markets and brokers coal from other coal producers, and trades coal and freight-related contracts.