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Property, Plant, and Equipment (Tables)
12 Months Ended
Dec. 31, 2014
Property, Plant and Equipment [Abstract]  
Components of property, plant, and equipment
The following table summarizes the components of property, plant, and equipment as of December 31, 2014 and 2013.
 
December 31,
2014
 
December 31,
2013
 
(in millions)
Manufacturing/Corporate:
 
 
 
Land
$
81.4

 
$
44.2

Buildings and improvements
548.2

 
463.2

Machinery and other
975.7

 
832.5

Construction in progress
76.4

 
79.0

 
1,681.7

 
1,418.9

Less accumulated depreciation
(820.7
)
 
(748.3
)
 
861.0

 
670.6

Leasing:
 
 
 
Wholly-owned subsidiaries:
 
 
 
Machinery and other
10.7

 
10.3

Equipment on lease
3,189.6

 
3,509.1

 
3,200.3

 
3,519.4

Less accumulated depreciation
(601.1
)
 
(554.8
)
 
2,599.2

 
2,964.6

Partially-owned subsidiaries:
 
 
 
Equipment on lease
2,261.2

 
1,887.2

Less accumulated depreciation
(261.3
)
 
(202.1
)
 
1,999.9

 
1,685.1

 
 
 
 
Net deferred profit on railcars sold to the Leasing Group
(557.2
)
 
(549.7
)
 
$
4,902.9

 
$
4,770.6