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Segment Information (Tables) | 3 Months Ended
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Mar. 31, 2024
Segment Reporting [Abstract] |
Schedule of Segment Reporting Information, by Segment [Table Text Block] | The financial information for these segments is shown in the tables below (in millions). We operate principally in North America.
| Three Months Ended March 31, 2024
| Railcar Leasing and Services Group |  | Rail Products Group |  |  |  | Eliminations |  |  |  | Consolidated Total
External revenue | $ | 284.3 |  |  | $ | 525.3 |  |  |  |  | $ | — |  |  |  |  | $ | 809.6 |
Intersegment revenue | 0.9 |  |  | 142.1 |  |  |  |  | (143.0) |  |  |  |  | — |
Total revenues | $ | 285.2 |  |  | $ | 667.4 |  |  |  |  | $ | (143.0) |  |  |  |  | $ | 809.6 |
| Three Months Ended March 31, 2023
| Railcar Leasing and Services Group |  | Rail Products Group |  |  |  | Eliminations |  |  |  | Consolidated Total
External revenue | $ | 232.7 |  |  | $ | 409.0 |  |  |  |  | $ | — |  |  |  |  | $ | 641.7 |
Intersegment revenue | 0.2 |  |  | 178.6 |  |  |  |  | (178.8) |  |  |  |  | — |
Total revenues | $ | 232.9 |  |  | $ | 587.6 |  |  |  |  | $ | (178.8) |  |  |  |  | $ | 641.7 |
Reconciliation of Operating Profit (Loss) from Segments to Consolidated | The reconciliation of segment operating profit to consolidated net income is as follows:
|  |  | Three Months Ended March 31,
|  |  |  |  | 2024 |  | 2023
|  |  |  |  | (in millions)
Operating profit: |  |  |  |  |  |  |
Railcar Leasing and Services Group |  |  |  |  | $ | 100.3 |  |  | $ | 84.6 |
Rail Products Group |  |  |  |  | 43.8 |  |  | 24.1 |
Segment Totals |  |  |  |  | 144.1 |  |  | 108.7 |
Corporate and other |  |  |  |  | (26.5) |  |  | (26.0) |
Restructuring activities, net |  |  |  |  | — |  |  | 0.4 |
Eliminations |  |  |  |  | (2.4) |  |  | (14.1) |
Consolidated operating profit |  |  |  |  | 115.2 |  |  | 69.0 |
Other (income) expense |  |  |  |  | 72.5 |  |  | 63.7 |
Provision (benefit) for income taxes |  |  |  |  | 11.0 |  |  | (11.5) |
Loss from discontinued operations, net of income taxes |  |  |  |  | (4.3) |  |  | (3.1) |
Net income |  |  |  |  | $ | 27.4 |  |  | $ | 13.7 |

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- Definition Tabular disclosure of the reconciliation of profit (loss) from reportable segments to the consolidated income (loss) before income tax expense (benefit) and discontinued operations. Includes, but is not limited to, reconciliation after income tax if income tax is allocated to the reportable segment. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-31 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-30 + Details
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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482573/350-20-50-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-25 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-22 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-30 + Details
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