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Property, Plant, and Equipment
6 Months Ended
Jun. 30, 2013
Property, Plant and Equipment [Abstract]  
Property, Plant, and Equipment
Property, Plant, and Equipment

The following table summarizes the components of property, plant, and equipment as of June 30, 2013 and December 31, 2012.
 
June 30,
2013
 
December 31,
2012
 
(in millions)
Manufacturing/Corporate:
 
 
 
Land
$
40.9

 
$
37.7

Buildings and improvements
442.1

 
431.0

Machinery and other
832.0

 
745.3

Construction in progress
47.9

 
46.1

 
1,362.9

 
1,260.1

Less accumulated depreciation
(752.5
)
 
(720.8
)
 
610.4

 
539.3

Leasing:
 
 
 
Wholly-owned subsidiaries:
 
 
 
Machinery and other
9.8

 
9.6

Equipment on lease
3,563.3

 
3,231.9

 
3,573.1

 
3,241.5

Less accumulated depreciation
(512.3
)
 
(468.4
)
 
3,060.8

 
2,773.1

Partially-owned subsidiaries:
 
 
 
Equipment on lease
1,703.0

 
1,703.1

Less accumulated depreciation
(177.0
)
 
(153.8
)
 
1,526.0

 
1,549.3

Net deferred profit on railcars sold to the Leasing Group
 
 
 
Sold to wholly-owned subsidiaries
(376.5
)
 
(381.8
)
Sold to partially-owned subsidiaries
(236.1
)
 
(180.9
)
 
$
4,584.6

 
$
4,299.0



Certain prior year balances with respect to RIV 2013 have been reclassified as pertaining to a partially-owned subsidiary to conform to the 2013 presentation. See Note 5 Partially-Owned Leasing Subsidiaries.