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Consolidated Statements of Cash Flows (USD $)
In Millions, unless otherwise specified
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Operating activities:      
Net income $ 709.3us-gaap_ProfitLoss $ 392.4us-gaap_ProfitLoss $ 253.7us-gaap_ProfitLoss
Adjustments to reconcile net income to net cash provided by operating activities:      
Income from discontinued operations 0us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax (6.3)us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax (1.8)us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax
Depreciation and amortization 244.6us-gaap_DepreciationDepletionAndAmortization 211.5us-gaap_DepreciationDepletionAndAmortization 193.7us-gaap_DepreciationDepletionAndAmortization
Stock-based compensation expense 53.3us-gaap_ShareBasedCompensation 44.5us-gaap_ShareBasedCompensation 27.7us-gaap_ShareBasedCompensation
Excess tax benefits from stock-based compensation (24.4)us-gaap_ExcessTaxBenefitFromShareBasedCompensationOperatingActivities (8.5)us-gaap_ExcessTaxBenefitFromShareBasedCompensationOperatingActivities (0.6)us-gaap_ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
Provision (benefit) for deferred income taxes (5.8)us-gaap_DeferredIncomeTaxExpenseBenefit 45.8us-gaap_DeferredIncomeTaxExpenseBenefit 126.3us-gaap_DeferredIncomeTaxExpenseBenefit
Net gains on railcar lease fleet sales owned more than one year at the time of sale (92.3)trn_GainLossOnSaleOfRailcarsFromLeaseFleet (20.4)trn_GainLossOnSaleOfRailcarsFromLeaseFleet (33.5)trn_GainLossOnSaleOfRailcarsFromLeaseFleet
Gain on disposition of property, plant, equipment, and other assets (12.1)us-gaap_GainLossOnSaleOfOtherAssets (0.8)us-gaap_GainLossOnSaleOfOtherAssets (5.0)us-gaap_GainLossOnSaleOfOtherAssets
Non-cash interest expense 30.7us-gaap_AmortizationOfFinancingCostsAndDiscounts 30.8us-gaap_AmortizationOfFinancingCostsAndDiscounts 31.2us-gaap_AmortizationOfFinancingCostsAndDiscounts
Other (4.5)us-gaap_OtherNoncashIncomeExpense (6.4)us-gaap_OtherNoncashIncomeExpense (3.2)us-gaap_OtherNoncashIncomeExpense
Changes in assets and liabilities:      
(Increase) decrease in receivables (56.4)us-gaap_IncreaseDecreaseInAccountsReceivable 17.2us-gaap_IncreaseDecreaseInAccountsReceivable 2.7us-gaap_IncreaseDecreaseInAccountsReceivable
(Increase) decrease in inventories (186.3)us-gaap_IncreaseDecreaseInInventories (95.6)us-gaap_IncreaseDecreaseInInventories (128.0)us-gaap_IncreaseDecreaseInInventories
(Increase) decrease in restricted cash 25.0us-gaap_IncreaseDecreaseInRestrictedCashForOperatingActivities (25.0)us-gaap_IncreaseDecreaseInRestrictedCashForOperatingActivities 0us-gaap_IncreaseDecreaseInRestrictedCashForOperatingActivities
(Increase) decrease in other assets (8.3)us-gaap_IncreaseDecreaseInOtherOperatingAssets (29.1)us-gaap_IncreaseDecreaseInOtherOperatingAssets (41.5)us-gaap_IncreaseDecreaseInOtherOperatingAssets
Increase (decrease) in accounts payable 60.7us-gaap_IncreaseDecreaseInAccountsPayable 29.0us-gaap_IncreaseDecreaseInAccountsPayable (16.7)us-gaap_IncreaseDecreaseInAccountsPayable
Increase (decrease) in accrued liabilities 82.1us-gaap_IncreaseDecreaseInAccruedLiabilities 72.4us-gaap_IncreaseDecreaseInAccruedLiabilities 125.5us-gaap_IncreaseDecreaseInAccruedLiabilities
Increase (decrease) in other liabilities 2.6us-gaap_IncreaseDecreaseInOtherOperatingLiabilities 8.2us-gaap_IncreaseDecreaseInOtherOperatingLiabilities (3.9)us-gaap_IncreaseDecreaseInOtherOperatingLiabilities
Net cash provided by operating activities - continuing operations 818.2us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations 659.7us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations 526.6us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
Net cash provided by operating activities - discontinued operations 1.0us-gaap_CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations 2.5us-gaap_CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations 0.8us-gaap_CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
Net cash provided by operating activities 819.2us-gaap_NetCashProvidedByUsedInOperatingActivities 662.2us-gaap_NetCashProvidedByUsedInOperatingActivities 527.4us-gaap_NetCashProvidedByUsedInOperatingActivities
Investing activities:      
(Increase) decrease in short-term marketable securities 74.7us-gaap_PaymentsForProceedsFromShortTermInvestments (149.7)us-gaap_PaymentsForProceedsFromShortTermInvestments 0us-gaap_PaymentsForProceedsFromShortTermInvestments
Proceeds from railcar lease fleet sales owned more than one year at the time of sale 265.8trn_ProceedsFromSalesOfRailcarsOwnedMoreThanOneYearAtTimeOfSale 131.6trn_ProceedsFromSalesOfRailcarsOwnedMoreThanOneYearAtTimeOfSale 126.3trn_ProceedsFromSalesOfRailcarsOwnedMoreThanOneYearAtTimeOfSale
Proceeds from railcar lease fleet sales – sale and leaseback 0us-gaap_SaleLeasebackTransactionNetProceedsInvestingActivities 0us-gaap_SaleLeasebackTransactionNetProceedsInvestingActivities 58.3us-gaap_SaleLeasebackTransactionNetProceedsInvestingActivities
Proceeds from disposition of property, plant, equipment, and other assets 23.0us-gaap_ProceedsFromSaleOfOtherProductiveAssets 3.7us-gaap_ProceedsFromSaleOfOtherProductiveAssets 16.8us-gaap_ProceedsFromSaleOfOtherProductiveAssets
Capital expenditures – leasing, net of sold lease fleet railcars owned one year or less with a net cost of $350.2, $49.4 and $93.8 (245.3)trn_PaymentsToAcquireLeasingAssetsNetOfSoldRailcarsOwnedOneYearOrLess (581.1)trn_PaymentsToAcquireLeasingAssetsNetOfSoldRailcarsOwnedOneYearOrLess (352.6)trn_PaymentsToAcquireLeasingAssetsNetOfSoldRailcarsOwnedOneYearOrLess
Capital expenditures – manufacturing and other (219.3)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment (149.9)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment (116.6)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment
Acquisitions, net of cash acquired (714.4)us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired (73.2)us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired (46.2)us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired
Other 0.8us-gaap_PaymentsForProceedsFromOtherInvestingActivities 0us-gaap_PaymentsForProceedsFromOtherInvestingActivities 1.7us-gaap_PaymentsForProceedsFromOtherInvestingActivities
Net cash required by investing activities - continuing operations (814.7)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations (818.6)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations (312.3)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
Net cash provided by investing activities - discontinued operations 0us-gaap_CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations 0.6us-gaap_CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations 0.9us-gaap_CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations
Net cash required by investing activities (814.7)us-gaap_NetCashProvidedByUsedInInvestingActivities (818.0)us-gaap_NetCashProvidedByUsedInInvestingActivities (311.4)us-gaap_NetCashProvidedByUsedInInvestingActivities
Financing activities:      
Proceeds from issuance of common stock, net 0.6us-gaap_ProceedsFromIssuanceOfCommonStock 2.5us-gaap_ProceedsFromIssuanceOfCommonStock 4.1us-gaap_ProceedsFromIssuanceOfCommonStock
Excess tax benefits from stock-based compensation 24.4us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities 8.5us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities 0.6us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
Payments to retire debt (186.6)us-gaap_RepaymentsOfLongTermDebt (262.1)us-gaap_RepaymentsOfLongTermDebt (378.4)us-gaap_RepaymentsOfLongTermDebt
Proceeds from issuance of debt 727.3us-gaap_ProceedsFromIssuanceOfLongTermDebt 175.0us-gaap_ProceedsFromIssuanceOfLongTermDebt 443.8us-gaap_ProceedsFromIssuanceOfLongTermDebt
(Increase) decrease in restricted cash 1.0us-gaap_ProceedsFromRepaymentsOfRestrictedCashFinancingActivities (12.5)us-gaap_ProceedsFromRepaymentsOfRestrictedCashFinancingActivities 17.1us-gaap_ProceedsFromRepaymentsOfRestrictedCashFinancingActivities
Shares repurchased (36.5)us-gaap_PaymentsForRepurchaseOfCommonStock (103.2)us-gaap_PaymentsForRepurchaseOfCommonStock (45.2)us-gaap_PaymentsForRepurchaseOfCommonStock
Dividends paid to common shareholders (54.4)us-gaap_PaymentsOfDividendsCommonStock (39.3)us-gaap_PaymentsOfDividendsCommonStock (31.7)us-gaap_PaymentsOfDividendsCommonStock
Purchase of shares to satisfy employee tax on vested stock (38.3)us-gaap_PaymentsRelatedToTaxWithholdingForShareBasedCompensation (9.6)us-gaap_PaymentsRelatedToTaxWithholdingForShareBasedCompensation (4.8)us-gaap_PaymentsRelatedToTaxWithholdingForShareBasedCompensation
Proceeds from sale of interests in partially-owned leasing subsidiaries 0us-gaap_ProceedsFromMinorityShareholders 296.7us-gaap_ProceedsFromMinorityShareholders 0us-gaap_ProceedsFromMinorityShareholders
Repurchase of noncontrolling interests in partially-owned leasing subsidiary 0us-gaap_PaymentsToMinorityShareholders (84.0)us-gaap_PaymentsToMinorityShareholders 0us-gaap_PaymentsToMinorityShareholders
Contributions from noncontrolling interest 49.6us-gaap_ProceedsFromContributedCapital 50.0us-gaap_ProceedsFromContributedCapital 0us-gaap_ProceedsFromContributedCapital
Distributions to noncontrolling interest (28.2)us-gaap_PaymentsOfDividendsMinorityInterest (10.0)us-gaap_PaymentsOfDividendsMinorityInterest 0us-gaap_PaymentsOfDividendsMinorityInterest
Other (2.5)us-gaap_ProceedsFromPaymentsForOtherFinancingActivities 0.8us-gaap_ProceedsFromPaymentsForOtherFinancingActivities (0.5)us-gaap_ProceedsFromPaymentsForOtherFinancingActivities
Net cash provided by financing activities - continuing operations 456.4us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations 12.8us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations 5.0us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
Net cash provided (required) by financing activities - discontinued operations (1.5)us-gaap_CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations (1.5)us-gaap_CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations 0.9us-gaap_CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations
Net cash provided by financing activities 454.9us-gaap_NetCashProvidedByUsedInFinancingActivities 11.3us-gaap_NetCashProvidedByUsedInFinancingActivities 5.9us-gaap_NetCashProvidedByUsedInFinancingActivities
Net increase (decrease) in cash and cash equivalents 459.4us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease (144.5)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease 221.9us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
Cash and cash equivalents at beginning of period 428.5us-gaap_CashAndCashEquivalentsAtCarryingValue 573.0us-gaap_CashAndCashEquivalentsAtCarryingValue 351.1us-gaap_CashAndCashEquivalentsAtCarryingValue
Cash and cash equivalents at end of period 887.9us-gaap_CashAndCashEquivalentsAtCarryingValue 428.5us-gaap_CashAndCashEquivalentsAtCarryingValue 573.0us-gaap_CashAndCashEquivalentsAtCarryingValue
Supplemental Cash Flow Information      
Interest paid 158.3us-gaap_InterestPaid 163.6us-gaap_InterestPaid 174.8us-gaap_InterestPaid
Income tax payments made, net $ 399.0us-gaap_IncomeTaxesPaidNet $ 110.9us-gaap_IncomeTaxesPaidNet $ 18.4us-gaap_IncomeTaxesPaidNet