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Derivative Instruments (Tables)
 12 Months Ended
Dec. 31, 2013
Derivative [Line Items]  
Interest rate hedges
Interest rate hedges
 
 
 
 
 
Included in accompanying balance sheet
at December 31, 2013
 
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
%
 
$
—

 
$
(1.6
)
 
$
—

Promissory notes
$
370.0

 
5.34
%
 
$
—

 
$
4.1

 
$
—

TRIP Holdings warehouse loan
$
788.5

 
3.60
%
 
$
—

 
$
12.9

 
$
15.9

Open hedges:
 
 
 
 
 
 
 
 
 
TRIP Master Funding secured railcar equipment notes
$
67.2

 
2.62
%
 
$
2.1

 
$
0.9

 
$
1.1

Promissory notes
$
415.0

 
4.13
%
 
$
21.7

 
$
20.0

 
$
—

(1) 
Weighted average fixed interest rate
Interest rate hedges
  
Derivative [Line Items]  
Effect on statements of operations
 
Effect on interest expense-increase/(decrease)
 
Year Ended December 31,
 
Expected effect during next twelve months(1)
 
2013
 
2012
 
2011
 
 
(in millions)
Expired hedges:
 
 
 
 
 
 
 
2006 secured railcar equipment notes
$
(0.3
)
 
$
(0.3
)
 
$
(0.4
)
 
$
(0.3
)
Promissory notes
$
3.1

 
$
3.3

 
$
3.5

 
$
2.9

TRIP Holdings warehouse loan
$
6.1

 
$
6.0

 
$
17.4

 
$
5.1

Open hedges:
 
 
 
 
 
 
 
TRIP Master Funding secured railcar equipment notes
$
1.8

 
$
2.0

 
$
1.1

 
$
1.5

Promissory notes
$
15.8

 
$
18.4

 
$
19.6

 
$
15.7


(1)Based on the fair value of open hedges as of December 31, 2013
Fuel derivative instruments
  
Derivative [Line Items]  
Effect on statements of operations
Other Derivatives
 
Effect on operating income - increase/(decrease)
 
Year Ended December 31,
 
2013
 
2012
 
2011
 
(in millions)
Fuel hedges(1)
 
 
 
 
 
Effect of mark-to-market valuation
$
—

 
$
0.4

 
$
—

Settlements
—

 
—

 
0.4

 
$
—

 
$
0.4

 
$
0.4

Foreign exchange hedges(2)
$
—

 
$
(0.4
)
 
$
0.1

(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