Variable Interest Entities (Tables)

9 Months Ended

Sep. 30, 2012

Carrying Amounts of Assets and Liabilities of Consolidated VIE

The carrying amounts of assets and liabilities of the VIE were (in millions):

	September 30 2012		December 31 2011
Operating assets, net of accumulated depreciation (a)	$	99.7	$	104.3
Nonrecourse debt		37.5		45.2

(a) All operating assets are pledged as collateral on the nonrecourse debt.

Carrying Amounts and Maximum Exposure to Loss for Non Consolidated VIEs

The carrying amounts and maximum exposure to loss with respect to VIEs that GATX does not consolidate were (in millions):

	September 30, 2012				December 31, 2011
	Net Carrying Amount		Maximum Exposure to Loss		Net Carrying Amount		Maximum Exposure to Loss
Investments in affiliates	$	91.3	$	91.3	$	72.2	$	72.2
Leveraged leases		—		—		78.5		78.5
Other investment		0.7		0.7		0.9		0.9
Total	$	92.0	$	92.0	$	151.6	$	151.6