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Note 16. Selected Quarterly Financial Data (Tables) | 12 Months Ended
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Dec. 31, 2022
Income Statement [Abstract] |
Quarterly Financial Information [Table Text Block] |
| Three Months Ended
| March 31, 2022 |  | June 30, 2022 |  | September 30, 2022 |  | December 31, 2022
| (in millions, except per share data)
Revenues: |  |  |  |  |  |  |
Manufacturing | $ | 289.8 |  |  | $ | 221.7 |  |  | $ | 302.0 |  |  | $ | 394.0 |
Leasing | 182.9 |  |  | 195.1 |  |  | 194.6 |  |  | 197.2 |
| 472.7 |  |  | 416.8 |  |  | 496.6 |  |  | 591.2 |
Operating costs: |  |  |  |  |  |  |
Costs of revenues: |  |  |  |  |  |  |
Manufacturing | 295.6 |  |  | 220.8 |  |  | 288.0 |  |  | 382.2 |
Leasing | 102.9 |  |  | 104.8 |  |  | 107.3 |  |  | 108.0 |
| 398.5 |  |  | 325.6 |  |  | 395.3 |  |  | 490.2 |
Selling, engineering, and administrative expenses | 44.7 |  |  | 45.0 |  |  | 48.0 |  |  | 47.7 |
Gains on dispositions of property | 25.3 |  |  | 27.8 |  |  | 39.4 |  |  | 60.2 |
Restructuring activities, net | — |  |  | 1.0 |  |  | — |  |  | — |
Operating profit | 54.8 |  |  | 73.0 |  |  | 92.7 |  |  | 113.5 |
Other expense | 41.9 |  |  | 50.7 |  |  | 54.4 |  |  | 60.5 |
Income from continuing operations before income taxes | 12.9 |  |  | 22.3 |  |  | 38.3 |  |  | 53.0 |
Provision for income taxes | 3.0 |  |  | 5.8 |  |  | 8.6 |  |  | 10.2 |
Income from continuing operations | 9.9 |  |  | 16.5 |  |  | 29.7 |  |  | 42.8 |
Loss from discontinued operations, net of income taxes | (6.9) |  |  | (3.4) |  |  | (3.4) |  |  | (6.6) |
Loss on sale of discontinued operations, net of income taxes | (1.1) |  |  | (4.6) |  |  | — |  |  | — |
Net income | 1.9 |  |  | 8.5 |  |  | 26.3 |  |  | 36.2 |
Net income attributable to noncontrolling interest | 2.6 |  |  | 4.8 |  |  | 0.5 |  |  | 4.9 |
Net income (loss) attributable to Trinity Industries, Inc. | $ | (0.7) |  |  | $ | 3.7 |  |  | $ | 25.8 |  |  | $ | 31.3 |
Basic earnings per common share (1): |  |  |  |  |  |  |
Income from continuing operations | $ | 0.09 |  |  | $ | 0.14 |  |  | $ | 0.36 |  |  | $ | 0.47 |
Loss from discontinued operations | (0.10) |  |  | (0.10) |  |  | (0.04) |  |  | (0.08) |
Basic net income (loss) attributable to Trinity Industries, Inc. | $ | (0.01) |  |  | $ | 0.04 |  |  | $ | 0.32 |  |  | $ | 0.39 |
Diluted earnings per common share (1): |  |  |  |  |  |  |
Income from continuing operations | $ | 0.09 |  |  | $ | 0.14 |  |  | $ | 0.35 |  |  | $ | 0.46 |
Loss from discontinued operations | (0.10) |  |  | (0.10) |  |  | (0.04) |  |  | (0.08) |
Diluted net income (loss) attributable to Trinity Industries, Inc. | $ | (0.01) |  |  | $ | 0.04 |  |  | $ | 0.31 |  |  | $ | 0.38 |
(1) The sum of the quarters may not necessarily be equal to the full year net income per common share amount.
| Three Months Ended
| March 31, 2021 |  | June 30, 2021 |  | September 30, 2021 |  | December 31, 2021
| (in millions, except per share data)
Revenues: |  |  |  |  |  |  |
Manufacturing | $ | 147.4 |  |  | $ | 108.3 |  |  | $ | 234.5 |  |  | $ | 291.2 |
Leasing | 183.3 |  |  | 185.0 |  |  | 185.3 |  |  | 181.0 |
| 330.7 |  |  | 293.3 |  |  | 419.8 |  |  | 472.2 |
Operating costs: |  |  |  |  |  |  |
Costs of revenues: |  |  |  |  |  |  |
Manufacturing | 149.6 |  |  | 99.6 |  |  | 238.8 |  |  | 281.9 |
Leasing | 96.7 |  |  | 102.5 |  |  | 98.6 |  |  | 93.8 |
| 246.3 |  |  | 202.1 |  |  | 337.4 |  |  | 375.7 |
Selling, engineering, and administrative expenses | 44.7 |  |  | 46.2 |  |  | 45.8 |  |  | 42.9 |
Gains on dispositions of property | 11.5 |  |  | 12.1 |  |  | 41.6 |  |  | 13.0 |
Restructuring activities, net | (0.3) |  |  | (0.7) |  |  | (0.1) |  |  | (2.6) |
Operating profit | 51.5 |  |  | 57.8 |  |  | 78.3 |  |  | 69.2 |
Other expense | 52.5 |  |  | 63.5 |  |  | 44.5 |  |  | 41.1 |
Income (loss) from continuing operations before income taxes | (1.0) |  |  | (5.7) |  |  | 33.8 |  |  | 28.1 |
Provision (benefit) for income taxes | 4.0 |  |  | (2.9) |  |  | 8.3 |  |  | 6.5 |
Income (loss) from continuing operations | (5.0) |  |  | (2.8) |  |  | 25.5 |  |  | 21.6 |
Income (loss) from discontinued operations, net of income taxes | 6.3 |  |  | 7.6 |  |  | 10.4 |  |  | (13.2) |
Gain on sale of discontinued operations, net of income taxes | — |  |  | — |  |  | — |  |  | 131.4 |
Net income | 1.3 |  |  | 4.8 |  |  | 35.9 |  |  | 139.8 |
Net income (loss) attributable to noncontrolling interest | (2.0) |  |  | (7.9) |  |  | 3.9 |  |  | 5.8 |
Net income attributable to Trinity Industries, Inc. | $ | 3.3 |  |  | $ | 12.7 |  |  | $ | 32.0 |  |  | $ | 134.0 |
Basic earnings per common share (1): |  |  |  |  |  |  |
Income (loss) from continuing operations | $ | (0.03) |  |  | $ | 0.05 |  |  | $ | 0.22 |  |  | $ | 0.16 |
Income from discontinued operations | 0.06 |  |  | 0.07 |  |  | 0.11 |  |  | 1.23 |
Basic net income attributable to Trinity Industries, Inc. | $ | 0.03 |  |  | $ | 0.12 |  |  | $ | 0.33 |  |  | $ | 1.39 |
Diluted earnings per common share (1): |  |  |  |  |  |  |
Income (loss) from continuing operations | $ | (0.03) |  |  | $ | 0.05 |  |  | $ | 0.22 |  |  | $ | 0.16 |
Income from discontinued operations | 0.06 |  |  | 0.07 |  |  | 0.11 |  |  | 1.21 |
Diluted net income attributable to Trinity Industries, Inc. | $ | 0.03 |  |  | $ | 0.12 |  |  | $ | 0.33 |  |  | $ | 1.37 |
(1) The sum of the quarters may not necessarily be equal to the full year net income per common share amount.

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- Definition Tabular disclosure of quarterly financial data. Includes, but is not limited to, financial information for fiscal quarters, cumulative effect of a change in accounting principle and earnings per share data. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 50 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=126900988&loc=d3e1280-108306 + Details
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