XML 70 R54.htm IDEA: XBRL DOCUMENT v3.23.3
Railcar Leasing and Management Services Group - Selected consolidating financial information for the Leasing Group (Details) - USD ($)
$ in Millions
Sep. 30, 2023
Dec. 31, 2022
Segment Reporting Information [Line Items]    
Cash and cash equivalents $ 114.0 $ 79.6
Receivables, net of allowance 392.8 323.5
Property, Plant and Equipment, Net 6,991.2 6,886.8
Restricted cash 152.7 214.7
Other assets 412.7 386.6
Total assets 8,973.4 8,724.3
Debt: 5,782.4 5,607.6
Deferred income taxes 1,122.3 1,134.7
Other liabilities 161.5 163.9
Total liabilities 7,720.0 7,454.7
Noncontrolling interest 252.6 257.2
Total Equity 1,000.8 1,012.4
Operating Segments [Member] | Railcar Leasing and Management Services Group [Member]    
Segment Reporting Information [Line Items]    
Cash and cash equivalents 9.0 2.6
Receivables, net of allowance 130.6 100.7
Property, Plant and Equipment, Net 7,406.4 7,309.4
Restricted cash 152.7 214.7
Other assets 198.8 152.5
Total assets 7,897.5 7,779.9
Accounts payable and accrued liabilities 171.8 153.8
Debt: 4,988.2 4,983.5
Deferred income taxes 1,149.0 1,153.4
Other liabilities 30.6 38.8
Total liabilities 6,339.6 6,329.5
Noncontrolling interest 252.6 257.2
Total Equity 1,305.3 1,193.2
Intersegment Eliminations [Member]    
Segment Reporting Information [Line Items]    
Property, Plant and Equipment, Net (758.7) (763.3)
Wholly-owned subsidiaries | Operating Segments [Member] | Railcar Leasing and Management Services Group [Member]    
Segment Reporting Information [Line Items]    
Cash and cash equivalents 9.0 2.6
Receivables, net of allowance 119.9 89.9
Property, Plant and Equipment, Net 5,915.7 5,788.1
Restricted cash 95.9 140.3
Other assets 197.2 150.3
Total assets 6,337.7 6,171.2
Accounts payable and accrued liabilities 134.5 109.7
Debt: 3,838.3 3,800.7
Deferred income taxes 1,147.9 1,152.3
Other liabilities 30.6 38.8
Total liabilities 5,151.3 5,101.5
Noncontrolling interest 0.0 0.0
Total Equity 1,186.4 1,069.7
Partially-owned subsidiaries | Operating Segments [Member] | Railcar Leasing and Management Services Group [Member]    
Segment Reporting Information [Line Items]    
Cash and cash equivalents 0.0 0.0
Receivables, net of allowance 10.7 10.8
Property, Plant and Equipment, Net 1,490.7 1,521.3
Restricted cash 56.8 74.4
Other assets 1.6 2.2
Total assets 1,559.8 1,608.7
Accounts payable and accrued liabilities 37.3 44.1
Debt: 1,149.9 1,182.8
Deferred income taxes 1.1 1.1
Other liabilities 0.0 0.0
Total liabilities 1,188.3 1,228.0
Noncontrolling interest 252.6 257.2
Total Equity 118.9 123.5
Consolidated Subsidiaries, Leasing [Member] | Intersegment Eliminations [Member]    
Segment Reporting Information [Line Items]    
Cash and cash equivalents 0.0 0.0
Receivables, net of allowance 0.0
Property, Plant and Equipment, Net [1] (758.7) (763.3)
Restricted cash 0.0 0.0
Other assets 0.0 0.0
Total assets [1] (758.7) (763.3)
Accounts payable and accrued liabilities 0.0 0.0
Debt: 0.0 0.0
Deferred income taxes [1] (166.2) (173.1)
Other liabilities 0.0 0.0
Total liabilities [1] (166.2) (173.1)
Noncontrolling interest 0.0 0.0
Total Equity [1] (592.5) (590.2)
Railcar Leasing and Management Services Group [Member]    
Segment Reporting Information [Line Items]    
Cash and cash equivalents 9.0 2.6
Receivables, net of allowance 130.6 100.7
Property, Plant and Equipment, Net 6,647.7 6,546.1
Restricted cash 152.7 214.7
Other assets 198.8 152.5
Total assets 7,138.8 7,016.6
Accounts payable and accrued liabilities 171.8 153.8
Debt: 4,988.2 4,983.5
Deferred income taxes 982.8 980.3
Other liabilities 30.6 38.8
Total liabilities 6,173.4 6,156.4
Noncontrolling interest 252.6 257.2
Total Equity $ 712.8 $ 603.0
[1] Net deferred profit on railcars sold to the Leasing Group consists of intersegment profit that is eliminated in consolidation. Net deferred profit and the related deferred tax impact are included as adjustments to the property, plant, and equipment, net and deferred income taxes line items, respectively, in the Eliminations – Lease Subsidiary column above to reflect the net book value of the railcars purchased by the Leasing Group from the Rail Products Group based on manufacturing cost. See Note 5 and Note 8 for a further discussion regarding our investment in our partially-owned leasing subsidiaries and the related indebtedness.