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Property, Plant, and Equipment (Tables)
12 Months Ended
Dec. 31, 2015
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, 2015 and 2014.
 
December 31,
2015
 
December 31,
2014
 
(in millions)
Manufacturing/Corporate:
 
 
 
Land
$
86.5

 
$
81.4

Buildings and improvements
610.4

 
548.2

Machinery and other
1,095.9

 
975.7

Construction in progress
68.7

 
76.4

 
1,861.5

 
1,681.7

Less accumulated depreciation
(905.4
)
 
(820.7
)
 
956.1

 
861.0

Leasing:
 
 
 
Wholly-owned subsidiaries:
 
 
 
Machinery and other
10.7

 
10.7

Equipment on lease
3,664.7

 
3,049.0

 
3,675.4

 
3,059.7

Less accumulated depreciation
(549.1
)
 
(460.5
)
 
3,126.3

 
2,599.2

Partially-owned subsidiaries:
 
 
 
Equipment on lease
2,406.5

 
2,401.8

Less accumulated depreciation
(467.9
)
 
(401.9
)
 
1,938.6

 
1,999.9

 
 
 
 
Net deferred profit on railcars sold to the Leasing Group
(673.0
)
 
(557.2
)
 
$
5,348.0

 
$
4,902.9