XML 19 R4.htm IDEA: XBRL DOCUMENT v3.19.2
Consolidated Statements of Comprehensive Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Revenues        
Lease revenue $ 274.0 $ 271.0 $ 548.4 $ 544.2
Revenue Recognition, Cargo and Freight, Policy [Policy Text Block] 60.9 55.8 74.0 70.0
Other revenue 24.5 22.7 54.0 40.6
Total Revenues 359.4 349.5 676.4 654.8
Expenses        
Maintenance expense 85.7 82.0 166.9 163.2
Marine operating expense 41.0 37.6 53.1 50.1
Depreciation 83.8 81.1 163.7 158.5
Operating lease expense 13.7 12.7 27.4 25.7
Other operating expense 7.8 9.1 15.8 17.7
Selling, general and administrative 45.1 46.2 91.2 91.1
Total Expenses 277.1 268.7 518.1 506.3
Other Income (Expense)        
Net gain on asset dispositions 32.9 6.1 41.8 62.2
Interest expense, net (47.1) (42.2) (93.6) (82.1)
Other (expense) income (0.6) (9.8) (3.8) (11.1)
Income before Income Taxes and Share of Affiliates’ Earnings 67.5 34.9 102.7 117.5
Income Taxes (15.6) (9.1) (24.0) (29.7)
Share of Affiliates’ Earnings (net of tax) 16.1 13.0 30.8 27.3
Net Income 68.0 38.8 109.5 115.1
Other Comprehensive Income, net of taxes        
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Gain (Loss) Arising During Period, Net of Tax 11.7 (50.4) 1.2 (35.5)
Other Comprehensive Income (Loss), Unrealized Gain (Loss) on Derivatives Arising During Period, Net of Tax 1.1 2.2 3.1 0.7
Post-retirement benefit plans 1.5 1.9 4.5 3.8
Other comprehensive income (loss) 14.3 (46.3) 8.8 (31.0)
Comprehensive Income $ 82.3 $ (7.5) $ 118.3 $ 84.1
Share Data        
Basic earnings per share (in dollars per share) $ 1.89 $ 1.03 $ 3.02 $ 3.05
Average number of common shares (in shares) 36.0 37.7 36.2 37.8
Diluted earnings per share (in dollars per share) $ 1.86 $ 1.01 $ 2.97 $ 2.99
Average number of common shares and common share equivalents (in shares) 36.7 38.4 36.9 38.5