XML 98 R81.htm IDEA: XBRL DOCUMENT v3.7.0.1
Financial Statements for Guarantors of the Senior Notes (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Condensed Income Statements, Captions [Line Items]        
Revenues $ 905.5 $ 1,184.9 $ 1,782.8 $ 2,372.8
Cost of revenues 681.9 897.7 1,341.6 1,787.6
Selling, engineering, and administrative expenses 112.8 106.7 215.1 203.2
Gains/(losses) on dispositions of property 24.4 11.1 25.7 13.0
Cost of revenues and operating costs 770.3 993.3 1,531.0 1,977.8
Total operating profit 135.2 191.6 251.8 395.0
Other (income) expense 43.9 39.4 88.0 83.3
Equity in earnings of subsidiaries, net of taxes 0.0 0.0 0.0 0.0
Income before income taxes 91.3 152.2 163.8 311.7
Provision (benefit) for income taxes 37.3 53.4 58.1 110.8
Net income 54.0 98.8 105.7 200.9
Net income attributable to noncontrolling interest 2.9 4.2 8.6 9.1
Net income attributable to Trinity Industries, Inc. 51.1 94.6 97.1 191.8
Other comprehensive income (loss) 2.2 2.0 4.3 4.9
Comprehensive income 56.2 100.8 110.0 205.8
Comprehensive income attributable to noncontrolling interest 3.6 4.9 10.1 10.3
Comprehensive income attributable to Trinity Industries, Inc. 52.6 95.9 99.9 195.5
Reportable legal entities | Parent        
Condensed Income Statements, Captions [Line Items]        
Revenues 0.0 0.0 0.0 0.0
Cost of revenues 1.4 (1.3) 3.8 (3.6)
Selling, engineering, and administrative expenses 35.9 33.2 68.7 56.8
Gains/(losses) on dispositions of property 0.1 (0.7) 0.6 (0.9)
Cost of revenues and operating costs 37.2 32.6 71.9 54.1
Total operating profit (37.2) (32.6) (71.9) (54.1)
Other (income) expense 5.1 (1.2) 11.4 (0.1)
Equity in earnings of subsidiaries, net of taxes 103.1 105.9 162.3 227.8
Income before income taxes 60.8 74.5 79.0 173.8
Provision (benefit) for income taxes 9.7 (20.1) (18.1) (18.0)
Net income 51.1 94.6 97.1 191.8
Net income attributable to noncontrolling interest 0.0 0.0 0.0 0.0
Net income attributable to Trinity Industries, Inc. 51.1 94.6 97.1 191.8
Other comprehensive income (loss) 1.2 0.9 2.2 3.0
Comprehensive income 52.3 95.5 99.3 194.8
Comprehensive income attributable to noncontrolling interest 0.0 0.0 0.0 0.0
Comprehensive income attributable to Trinity Industries, Inc. 52.3 95.5 99.3 194.8
Reportable legal entities | Combined Guarantor Subsidiaries        
Condensed Income Statements, Captions [Line Items]        
Revenues 564.7 838.0 1,116.2 1,714.0
Cost of revenues 455.6 668.9 899.0 1,375.3
Selling, engineering, and administrative expenses 33.9 35.6 64.7 69.9
Gains/(losses) on dispositions of property 20.9 10.5 21.0 10.3
Cost of revenues and operating costs 468.6 694.0 942.7 1,434.9
Total operating profit 96.1 144.0 173.5 279.1
Other (income) expense 8.8 9.3 15.7 18.3
Equity in earnings of subsidiaries, net of taxes 26.1 16.0 43.2 42.6
Income before income taxes 113.4 150.7 201.0 303.4
Provision (benefit) for income taxes 31.5 60.1 70.5 105.0
Net income 81.9 90.6 130.5 198.4
Net income attributable to noncontrolling interest 0.0 0.0 0.0 0.0
Net income attributable to Trinity Industries, Inc. 81.9 90.6 130.5 198.4
Other comprehensive income (loss) 0.0 0.0 0.0 0.0
Comprehensive income 81.9 90.6 130.5 198.4
Comprehensive income attributable to noncontrolling interest 0.0 0.0 0.0 0.0
Comprehensive income attributable to Trinity Industries, Inc. 81.9 90.6 130.5 198.4
Reportable legal entities | Combined Non-Guarantor Subsidiaries        
Condensed Income Statements, Captions [Line Items]        
Revenues 473.4 539.6 937.2 1,067.4
Cost of revenues 364.4 427.5 721.0 834.1
Selling, engineering, and administrative expenses 43.0 37.9 81.7 76.5
Gains/(losses) on dispositions of property 3.4 1.3 4.1 3.6
Cost of revenues and operating costs 404.0 464.1 798.6 907.0
Total operating profit 69.4 75.5 138.6 160.4
Other (income) expense 30.0 31.3 60.9 65.1
Equity in earnings of subsidiaries, net of taxes 0.0 0.0 0.0 0.0
Income before income taxes 39.4 44.2 77.7 95.3
Provision (benefit) for income taxes 9.8 11.7 19.5 20.4
Net income 29.6 32.5 58.2 74.9
Net income attributable to noncontrolling interest 0.0 0.0 0.0 0.0
Net income attributable to Trinity Industries, Inc. 29.6 32.5 58.2 74.9
Other comprehensive income (loss) 1.0 1.1 2.1 1.9
Comprehensive income 30.6 33.6 60.3 76.8
Comprehensive income attributable to noncontrolling interest 0.0 0.0 0.0 0.0
Comprehensive income attributable to Trinity Industries, Inc. 30.6 33.6 60.3 76.8
Eliminations        
Condensed Income Statements, Captions [Line Items]        
Revenues (132.6) (192.7) (270.6) (408.6)
Cost of revenues (139.5) (197.4) (282.2) (418.2)
Selling, engineering, and administrative expenses 0.0 0.0 0.0 0.0
Gains/(losses) on dispositions of property 0.0 0.0 0.0 0.0
Cost of revenues and operating costs (139.5) (197.4) (282.2) (418.2)
Total operating profit 6.9 4.7 11.6 9.6
Other (income) expense 0.0 0.0 0.0 0.0
Equity in earnings of subsidiaries, net of taxes (129.2) (121.9) (205.5) (270.4)
Income before income taxes (122.3) (117.2) (193.9) (260.8)
Provision (benefit) for income taxes (13.7) 1.7 (13.8) 3.4
Net income (108.6) (118.9) (180.1) (264.2)
Net income attributable to noncontrolling interest 2.9 4.2 8.6 9.1
Net income attributable to Trinity Industries, Inc. (111.5) (123.1) (188.7) (273.3)
Other comprehensive income (loss) 0.0 0.0 0.0 0.0
Comprehensive income (108.6) (118.9) (180.1) (264.2)
Comprehensive income attributable to noncontrolling interest 3.6 4.9 10.1 10.3
Comprehensive income attributable to Trinity Industries, Inc. $ (112.2) $ (123.8) $ (190.2) $ (274.5)