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Financial Statements for Guarantors of the Senior Notes (Details 3) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Operating activities:        
Net income $ 54.0 $ 98.8 $ 105.7 $ 200.9
Equity in earnings of subsidiaries, net of taxes 0.0 0.0 0.0 0.0
Other     230.4 285.5
Net cash provided (required) by operating activities     336.1 486.4
Investing activities:        
(Increase) decrease in short-term marketable securities     55.1 (115.1)
Proceeds from dispositions of property and other assets     6.0 4.1
Proceeds from railcar lease fleet sales owned more than one year     92.4 37.7
Capital expenditures – leasing     (271.6) (346.0)
Capital expenditures – manufacturing and other     (43.4) (79.8)
Acquisitions, net of cash acquired     (5.3) 0.0
(Increase) decrease in investment in partially-owned subsidiaries     0.0 0.0
Other     (2.1) 2.3
Net cash provided (required) by investing activities     (168.9) (496.8)
Financing activities:        
Excess tax benefits from stock-based compensation     0.0 0.6
Payments to retire debt     (98.3) (77.6)
Proceeds from issuance of debt     299.4 0.0
(Increase) decrease in restricted cash     (16.6) 12.5
Shares repurchased     (41.9) (34.7)
Dividends paid to common shareholders     (33.5) (33.4)
Purchase of shares to satisfy employee tax on vested stock     (14.0) (16.1)
Distributions to noncontrolling interest     (16.9) (10.9)
Distributions to controlling interest in partially-owned subsidiaries     0.0 0.0
Change in intercompany financing between entities     0.0 0.0
Other     (0.1) (2.0)
Net cash provided (required) by financing activities     78.1 (161.6)
Net decrease in cash and cash equivalents     245.3 (172.0)
Cash and cash equivalents at beginning of period     563.4 786.0
Cash and cash equivalents at end of period 808.7 [1] 614.0 808.7 [1] 614.0
Reportable legal entities | Parent        
Operating activities:        
Net income 51.1 94.6 97.1 191.8
Equity in earnings of subsidiaries, net of taxes (103.1) (105.9) (162.3) (227.8)
Other     (11.4) 48.8
Net cash provided (required) by operating activities     (76.6) 12.8
Investing activities:        
(Increase) decrease in short-term marketable securities     55.1 (115.1)
Proceeds from dispositions of property and other assets     0.0 0.0
Proceeds from railcar lease fleet sales owned more than one year     0.0 0.0
Capital expenditures – leasing     0.0 0.0
Capital expenditures – manufacturing and other     (5.0) (8.5)
Acquisitions, net of cash acquired     0.0 0.0
(Increase) decrease in investment in partially-owned subsidiaries     0.0 0.0
Other     0.0 0.0
Net cash provided (required) by investing activities     50.1 (123.6)
Financing activities:        
Excess tax benefits from stock-based compensation     0.0 0.6
Payments to retire debt     0.0 0.0
Proceeds from issuance of debt     0.0 0.0
(Increase) decrease in restricted cash     0.0 0.0
Shares repurchased     (41.9) (34.7)
Dividends paid to common shareholders     (33.5) (33.4)
Purchase of shares to satisfy employee tax on vested stock     (14.0) (16.1)
Distributions to noncontrolling interest     0.0 0.0
Distributions to controlling interest in partially-owned subsidiaries     0.0 0.0
Change in intercompany financing between entities     362.0 18.7
Other     0.0 0.0
Net cash provided (required) by financing activities     272.6 (64.9)
Net decrease in cash and cash equivalents     246.1 (175.7)
Cash and cash equivalents at beginning of period     537.9 768.3
Cash and cash equivalents at end of period 784.0 592.6 784.0 592.6
Reportable legal entities | Combined Guarantor Subsidiaries        
Operating activities:        
Net income 81.9 90.6 130.5 198.4
Equity in earnings of subsidiaries, net of taxes (26.1) (16.0) (43.2) (42.6)
Other     161.9 203.7
Net cash provided (required) by operating activities     249.2 359.5
Investing activities:        
(Increase) decrease in short-term marketable securities     0.0 0.0
Proceeds from dispositions of property and other assets     1.0 0.2
Proceeds from railcar lease fleet sales owned more than one year     446.2 27.3
Capital expenditures – leasing     (268.2) (343.7)
Capital expenditures – manufacturing and other     (7.9) (8.1)
Acquisitions, net of cash acquired     0.0 0.0
(Increase) decrease in investment in partially-owned subsidiaries     11.2 6.7
Other     0.0 1.5
Net cash provided (required) by investing activities     182.3 (316.1)
Financing activities:        
Excess tax benefits from stock-based compensation     0.0 0.0
Payments to retire debt     (1.8) (1.6)
Proceeds from issuance of debt     0.0 0.0
(Increase) decrease in restricted cash     (0.5) (3.0)
Shares repurchased     0.0 0.0
Dividends paid to common shareholders     0.0 0.0
Purchase of shares to satisfy employee tax on vested stock     0.0 0.0
Distributions to noncontrolling interest     0.0 0.0
Distributions to controlling interest in partially-owned subsidiaries     0.0 0.0
Change in intercompany financing between entities     (428.3) (39.2)
Other     0.0 0.0
Net cash provided (required) by financing activities     (430.6) (43.8)
Net decrease in cash and cash equivalents     0.9 (0.4)
Cash and cash equivalents at beginning of period     5.2 1.7
Cash and cash equivalents at end of period 6.1 1.3 6.1 1.3
Reportable legal entities | Combined Non-Guarantor Subsidiaries        
Operating activities:        
Net income 29.6 32.5 58.2 74.9
Equity in earnings of subsidiaries, net of taxes 0.0 0.0 0.0 0.0
Other     88.5 45.8
Net cash provided (required) by operating activities     146.7 120.7
Investing activities:        
(Increase) decrease in short-term marketable securities     0.0 0.0
Proceeds from dispositions of property and other assets     5.0 3.9
Proceeds from railcar lease fleet sales owned more than one year     9.6 10.4
Capital expenditures – leasing     (366.8) (2.3)
Capital expenditures – manufacturing and other     (30.5) (63.2)
Acquisitions, net of cash acquired     (5.3) 0.0
(Increase) decrease in investment in partially-owned subsidiaries     0.0 0.0
Other     (2.1) 0.8
Net cash provided (required) by investing activities     (390.1) (50.4)
Financing activities:        
Excess tax benefits from stock-based compensation     0.0 0.0
Payments to retire debt     (96.5) (76.0)
Proceeds from issuance of debt     299.4 0.0
(Increase) decrease in restricted cash     (18.5) 6.3
Shares repurchased     0.0 0.0
Dividends paid to common shareholders     0.0 0.0
Purchase of shares to satisfy employee tax on vested stock     0.0 0.0
Distributions to noncontrolling interest     (16.9) (10.9)
Distributions to controlling interest in partially-owned subsidiaries     (11.2) (6.7)
Change in intercompany financing between entities     83.2 13.9
Other     (0.1) (2.0)
Net cash provided (required) by financing activities     239.4 (75.4)
Net decrease in cash and cash equivalents     (4.0) (5.1)
Cash and cash equivalents at beginning of period     51.3 51.1
Cash and cash equivalents at end of period 47.3 46.0 47.3 46.0
Eliminations        
Operating activities:        
Net income (108.6) (118.9) (180.1) (264.2)
Equity in earnings of subsidiaries, net of taxes 129.2 121.9 205.5 270.4
Other     (8.6) (12.8)
Net cash provided (required) by operating activities     16.8 (6.6)
Investing activities:        
(Increase) decrease in short-term marketable securities     0.0 0.0
Proceeds from dispositions of property and other assets     0.0 0.0
Proceeds from railcar lease fleet sales owned more than one year     (363.4) 0.0
Capital expenditures – leasing     363.4 0.0
Capital expenditures – manufacturing and other     0.0 0.0
Acquisitions, net of cash acquired     0.0 0.0
(Increase) decrease in investment in partially-owned subsidiaries     (11.2) (6.7)
Other     0.0 0.0
Net cash provided (required) by investing activities     (11.2) (6.7)
Financing activities:        
Excess tax benefits from stock-based compensation     0.0 0.0
Payments to retire debt     0.0 0.0
Proceeds from issuance of debt     0.0 0.0
(Increase) decrease in restricted cash     2.4 9.2
Shares repurchased     0.0 0.0
Dividends paid to common shareholders     0.0 0.0
Purchase of shares to satisfy employee tax on vested stock     0.0 0.0
Distributions to noncontrolling interest     0.0 0.0
Distributions to controlling interest in partially-owned subsidiaries     11.2 6.7
Change in intercompany financing between entities     (16.9) 6.6
Other     0.0 0.0
Net cash provided (required) by financing activities     (3.3) 22.5
Net decrease in cash and cash equivalents     2.3 9.2
Cash and cash equivalents at beginning of period     (31.0) (35.1)
Cash and cash equivalents at end of period $ (28.7) $ (25.9) $ (28.7) $ (25.9)
[1] (unaudited)