XML 28 R14.htm IDEA: XBRL DOCUMENT
v3.24.1.u1

Property, Plant, and Equipment | 3 Months Ended
--- | ---
Mar. 31, 2024
Property, Plant and Equipment [Abstract] |
Property, Plant, and Equipment | Property, Plant, and Equipment The following table summarizes the components of property, plant, and equipment:
| March 31, 2024 |  | December 31, 2023
| (in millions)
Railcars in our lease fleet: |  |  |
Wholly-owned subsidiaries: |  |  |
Equipment on lease | $ | 7,657.7 |  |  | $ | 7,536.7 |
Less: accumulated depreciation | (1,655.1) |  |  | (1,604.9) |
| 6,002.6 |  |  | 5,931.8 |
Partially-owned subsidiaries: |  |  |
Equipment on lease | 2,235.7 |  |  | 2,236.6 |
Less: accumulated depreciation | (777.7) |  |  | (763.4) |
| 1,458.0 |  |  | 1,473.2 |
Deferred profit on railcar products sold (1) | (1,061.7) |  |  | (1,061.3) |
Less: accumulated amortization | 318.6 |  |  | 311.1 |
| (743.1) |  |  | (750.2) |
Total railcars in our lease fleet | 6,717.5 |  |  | 6,654.8 |
Operating and administrative assets: |  |  |
Land | 16.4 |  |  | 16.1 |
Buildings and improvements | 380.1 |  |  | 380.4 |
Machinery and other | 421.8 |  |  | 419.8 |
Construction in progress | 8.2 |  |  | 11.3 |
| 826.5 |  |  | 827.6 |
Less: accumulated depreciation | (484.4) |  |  | (477.6) |
Total operating and administrative assets | 342.1 |  |  | 350.0 |
Total property, plant, and equipment, net | $ | 7,059.6 |  |  | $ | 7,004.8 |
(1) Includes deferred profit related to new railcar additions, sustainable railcar conversions, railcar modifications, and other betterments. The deferred profit is subsequently eliminated in consolidation.

X
- References No definition available. + Details
Name: | us-gaap_PropertyPlantAndEquipmentAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for long-lived, physical asset used in normal conduct of business and not intended for resale. Includes, but is not limited to, work of art, historical treasure, and similar asset classified as collections. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 360 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//360/tableOfContent Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Section 50 -Paragraph 6 -SubTopic 360 -Topic 958 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480321/958-360-50-6 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (d) -SubTopic 360 -Topic 958 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480321/958-360-50-1 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Section 50 -Paragraph 7 -SubTopic 360 -Topic 958 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480321/958-360-50-7 + Details
Name: | us-gaap_PropertyPlantAndEquipmentDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration