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Property, Plant, and Equipment
3 Months Ended
Mar. 31, 2015
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 March 31, 2015 and December 31, 2014.
 
March 31,
2015
 
December 31,
2014
 
(in millions)
Manufacturing/Corporate:
 
 
 
Land
$
88.6

 
$
81.4

Buildings and improvements
557.2

 
548.2

Machinery and other
1,020.3

 
975.7

Construction in progress
88.9

 
76.4

 
1,755.0

 
1,681.7

Less accumulated depreciation
(838.6
)
 
(820.7
)
 
916.4

 
861.0

Leasing:
 
 
 
Wholly-owned subsidiaries:
 
 
 
Machinery and other
10.7

 
10.7

Equipment on lease
3,428.2

 
3,189.6

 
3,438.9

 
3,200.3

Less accumulated depreciation
(605.6
)
 
(601.1
)
 
2,833.3

 
2,599.2

Partially-owned subsidiaries:
 
 
 
Equipment on lease
2,260.6

 
2,261.2

Less accumulated depreciation
(277.2
)
 
(261.3
)
 
1,983.4

 
1,999.9

 
 
 
 
Net deferred profit on railcars sold to the Leasing Group
(584.2
)
 
(557.2
)
 
$
5,148.9

 
$
4,902.9