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Earnings Per Share (Tables)
 9 Months Ended
Sep. 30, 2020
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Earnings Per Share
The computation of basic and diluted earnings per share for net income attributable to Wabtec shareholders is as follows:
Three Months Ended September 30,
In millions, except per share data20202019
Numerator
Numerator for basic and diluted earnings per common share - net income attributable to Wabtec shareholders$128.1 $91.1 
Less: dividends declared - common shares and non-vested restricted stock(22.8)(23.0)
Undistributed earnings105.3 68.1 
Percentage allocated to common shareholders (1)99.8 %99.7 %
105.1 67.9 
Add: dividends declared - common shares22.8 23.0 
Numerator for basic earnings per common share127.9 90.9 
Numerator for diluted earnings per
   common share		127.9 90.9 
Denominator
Denominator for basic earnings per common share - weighted average shares189.8 189.6 
Effect of dilutive securities:
Assumed conversion of preferred shares— 1.5 
Assumed conversion of dilutive stock-based compensation plans0.4 0.4 
Denominator for diluted earnings per common share adjusted weighted average shares and assumed conversion190.2 191.5 
Net income attributable to Wabtec shareholders per common share
Basic$0.67 $0.48 
Diluted$0.67 $0.48 
(1) Basic weighted-average common shares outstanding189.8 189.6 
Basic weighted-average common shares outstanding and non-vested restricted stock expected to vest190.3 190.1 
Percentage allocated to common shareholders99.8 %99.7 %
Nine Months Ended September 30,
In millions, except per share data20202019
Numerator
Numerator for basic and diluted earnings per common share - net income attributable to Wabtec shareholders$326.5 $191.0 
Less: dividends declared - common shares and non-vested restricted stock(68.7)(57.3)
Undistributed earnings257.8 133.7 
Percentage allocated to common shareholders (1)99.7 %99.7 %
257.0 133.3 
Add: dividends declared - common shares68.5 57.2 
Less: dividends declared - preferred shares— (0.4)
Numerator for basic earnings per common share325.5 190.1 
Add: dividends declared - preferred shares— 0.4 
Numerator for diluted earnings per common share325.5 190.5 
Denominator
Denominator for basic earnings per common share - weighted average shares190.1 163.2 
Effect of dilutive securities:
Assumed conversion of preferred shares— 8.6 
Assumed conversion of dilutive stock-based compensation plans0.5 0.4 
Denominator for diluted earnings per common share adjusted weighted average shares and assumed conversion190.6 172.2 
Net income attributable to Wabtec shareholders per common share
Basic$1.71 $1.17 
Diluted$1.71 $1.11 
(1) Basic weighted-average common shares outstanding190.1 163.2 
Basic weighted-average common shares outstanding and non-vested restricted stock expected to vest190.6 163.7 
Percentage allocated to common shareholders99.7 %99.7 %