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Derivative Instruments (Tables)
 12 Months Ended
Dec. 31, 2012
Derivative [Line Items]  
Interest rate hedges
Interest rate hedges
 
 
 
 
 
Included in accompanying balance sheet
at December 31, 2012
 
Notional
Amount
 
Interest
Rate(1)
 
Liability
 
AOCL –
loss/
(income)
 
Noncontrolling
Interest
 
(in millions, except %)
Expired hedges:
 
 
 
 
 
 
 
 
 
2006 secured railcar equipment notes
$
200.0

 
4.87
%
 
$
—

 
$
(1.9
)
 
$
—

Promissory notes
$
370.0

 
5.34
%
 
$
—

 
$
7.2

 
$
—

TRIP Holdings
$
788.5

 
3.60
%
 
$
—

 
$
19.9

 
$
14.9

Open hedges:
 
 
 
 
 
 
 
 
 
TRIP Master Funding secured railcar equipment notes
$
78.4

 
2.62
%
 
$
5.2

 
$
2.9

 
$
2.2

Promissory notes
$
443.8

 
4.13
%
 
$
37.6

 
$
34.9

 
$
—

(1) 
Weighted average fixed interest rate
Interest rate hedges
  
Derivative [Line Items]  
Effect on Statements of Operations
st rate
 
Effect on interest expense-increase/(decrease)
 
Year Ended December 31,
 
Expected effect during next twelve months(1)
 
2012
 
2011
 
2010
 
 
(in millions)
Expired hedges:
 
 
 
 
 
 
 
2006 secured railcar equipment notes
$
(0.3
)
 
$
(0.4
)
 
$
(0.4
)
 
$
(0.3
)
Promissory notes
$
3.3

 
$
3.5

 
$
3.8

 
$
3.1

TRIP Holdings
$
6.0

 
$
17.4

 
$
29.3

 
$
5.6

Open hedges(2):
 
 
 
 
 
 
 
TILC Warehouse
$
—

 
$
—

 
$
0.5

 
$
—

TRIP Master Funding secured railcar equipment notes
$
2.0

 
$
1.1

 
$
—

 
$
1.8

Promissory notes
$
18.4

 
$
19.6

 
$
19.7

 
$
16.7

(1)Based on fair value as of December 31, 2012
(2)Cash flows related to open hedges are included as a change in accrued liabilities in the Consolidated Statements of Cash Flows.
Fuel derivative instruments
  
Derivative [Line Items]  
Effect on Statements of Operations
Other Derivatives
 
Effect on operating income - increase/(decrease)
 
Year Ended December 31,
 
2012
 
2011
 
2010
 
(in millions)
Fuel hedges(1)
 
 
 
 
 
Effect of mark-to-market valuation
$
0.4

 
$
0.0

 
$
0.0

Settlements
0.0

 
0.4

 
(0.1
)
 
$
0.4

 
$
0.4

 
$
(0.1
)
Foreign exchange hedges(2)
$
(0.4
)
 
$
0.1

 
$
(0.9
)
(1) 
Included in cost of revenues in the accompanying consolidated statement of operations
(2) 
Included in other, net in the accompanying consolidated statement of operations