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Financial Statements for Guarantors of the Senior Notes - Statement of Cash Flows - USD ($)
$ in Millions
3 Months Ended 12 Months Ended
Dec. 31, 2017
Sep. 30, 2017
Jun. 30, 2017
Mar. 31, 2017
Dec. 31, 2016
Sep. 30, 2016
Jun. 30, 2016
Mar. 31, 2016
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Operating activities:                      
Net income $ 540.0 $ 67.9 $ 54.0 $ 51.7 $ 74.2 $ 89.6 $ 98.8 $ 102.1 $ 713.6 $ 364.7 $ 826.0
Equity in earnings of subsidiaries, net of taxes                 0.0 0.0 0.0
Other                 48.0 725.5 113.7
Net cash provided (required) by operating activities                 761.6 1,090.2 939.7
Investing activities:                      
(Increase) decrease in short-term marketable securities                 (84.8) (149.8) (9.9)
Proceeds from railcar lease fleet sales owned more than one year                 360.7 37.7 514.6
Proceeds from disposition of property and other assets                 11.3 16.0 8.2
Capital expenditures – leasing                 (608.3) (799.1) (833.8)
Capital expenditures – manufacturing and other                 (104.4) (134.3) (196.0)
Acquisitions, net of cash acquired                 (47.5) 0.0 (46.2)
(Increase) decrease in investment in partially-owned subsidiaries                 0.0 0.0 0.0
Divestitures                 0.0 0.0 51.3
Other                 0.3 6.8 0.5
Net cash provided (required) by investing activities                 (472.7) (1,022.7) (511.3)
Financing activities:                      
Proceeds from issuance of common stock, net                 0.0 0.0 0.3
Excess tax benefits from stock-based compensation                 0.0 1.0 13.3
Payments to retire debt                 (375.4) (162.5) (587.2)
Proceeds from issuance of debt                 534.1 0.0 242.4
(Increase) decrease in restricted cash                 (17.0) 17.6 48.3
Shares repurchased                 (79.4) (34.7) (115.0)
Dividends paid to common shareholders                 (72.6) (66.7) (64.9)
Purchase of shares to satisfy employee tax on vested stock                 (14.4) (16.3) (27.5)
Distributions to noncontrolling interest                 (48.7) (26.4) (39.2)
Distributions to controlling interest in partially-owned leasing subsidiaries                 0.0 0.0 0.0
Change in intercompany financing between entities                 0.0 0.0 0.0
Other                 (0.3) (2.1) (0.8)
Net cash provided (required) by financing activities                 (73.7) (290.1) (530.3)
Net increase (decrease) in cash and cash equivalents                 215.2 (222.6) (101.9)
Cash and cash equivalents at beginning of period       563.4       786.0 563.4 786.0 887.9
Cash and cash equivalents at end of period 778.6       563.4       778.6 563.4 786.0
Reportable legal entities | Parent                      
Operating activities:                      
Net income                 702.5 343.6 796.5
Equity in earnings of subsidiaries, net of taxes                 (671.4) (387.5) (920.0)
Other                 137.2 64.5 57.8
Net cash provided (required) by operating activities                 168.3 20.6 (65.7)
Investing activities:                      
(Increase) decrease in short-term marketable securities                 (84.8) (149.8) (9.9)
Proceeds from railcar lease fleet sales owned more than one year                 0.0 0.0 0.0
Proceeds from disposition of property and other assets                 0.0 0.0 0.0
Capital expenditures – leasing                 0.0 0.0 0.0
Capital expenditures – manufacturing and other                 (7.7) (18.0) (14.5)
Acquisitions, net of cash acquired                 0.0 0.0 0.0
(Increase) decrease in investment in partially-owned subsidiaries                 0.0 0.0 0.0
Divestitures                 0.0 0.0 0.0
Other                 0.0 0.0 0.0
Net cash provided (required) by investing activities                 (92.5) (167.8) (24.4)
Financing activities:                      
Proceeds from issuance of common stock, net                 0.0 0.0 0.3
Excess tax benefits from stock-based compensation                 0.0 1.0 13.3
Payments to retire debt                 0.0 0.0 0.0
Proceeds from issuance of debt                 0.0 0.0 (1.5)
(Increase) decrease in restricted cash                 0.0 0.0 0.0
Shares repurchased                 (79.4) (34.7) (115.0)
Dividends paid to common shareholders                 (72.6) (66.7) (64.9)
Purchase of shares to satisfy employee tax on vested stock                 (14.4) (16.3) (27.5)
Distributions to noncontrolling interest                 0.0 0.0 0.0
Distributions to controlling interest in partially-owned leasing subsidiaries                 0.0 0.0 0.0
Change in intercompany financing between entities                 316.6 33.5 226.0
Other                 0.0 0.0 0.0
Net cash provided (required) by financing activities                 150.2 (83.2) 30.7
Net increase (decrease) in cash and cash equivalents                 226.0 (230.4) (59.4)
Cash and cash equivalents at beginning of period       537.9       768.3 537.9 768.3 827.7
Cash and cash equivalents at end of period 763.9       537.9       763.9 537.9 768.3
Reportable legal entities | Combined Guarantor Subsidiaries                      
Operating activities:                      
Net income                 679.4 364.4 844.2
Equity in earnings of subsidiaries, net of taxes                 (77.8) (91.8) (217.3)
Other                 (281.4) 489.2 (36.9)
Net cash provided (required) by operating activities                 320.2 761.8 590.0
Investing activities:                      
(Increase) decrease in short-term marketable securities                 0.0 0.0 0.0
Proceeds from railcar lease fleet sales owned more than one year                 663.3 27.3 290.6
Proceeds from disposition of property and other assets                 1.2 4.1 1.9
Capital expenditures – leasing                 (589.8) (798.7) (821.6)
Capital expenditures – manufacturing and other                 (19.1) (16.6) (44.6)
Acquisitions, net of cash acquired                 0.0 0.0 0.0
(Increase) decrease in investment in partially-owned subsidiaries                 35.0 17.1 24.8
Divestitures                 0.0 0.0 0.0
Other                 0.0 1.5 0.2
Net cash provided (required) by investing activities                 90.6 (765.3) (548.7)
Financing activities:                      
Proceeds from issuance of common stock, net                 0.0 0.0 0.0
Excess tax benefits from stock-based compensation                 0.0 0.0 0.0
Payments to retire debt                 (3.8) (3.6) (3.2)
Proceeds from issuance of debt                 0.0 0.0 0.0
(Increase) decrease in restricted cash                 0.0 0.2 (0.2)
Shares repurchased                 0.0 0.0 0.0
Dividends paid to common shareholders                 0.0 0.0 0.0
Purchase of shares to satisfy employee tax on vested stock                 0.0 0.0 0.0
Distributions to noncontrolling interest                 0.0 0.0 0.0
Distributions to controlling interest in partially-owned leasing subsidiaries                 0.0 0.0 0.0
Change in intercompany financing between entities                 (410.6) 10.4 (47.3)
Other                 0.0 0.0 0.0
Net cash provided (required) by financing activities                 (414.4) 7.0 (50.7)
Net increase (decrease) in cash and cash equivalents                 (3.6) 3.5 (9.4)
Cash and cash equivalents at beginning of period       5.2       1.7 5.2 1.7 11.1
Cash and cash equivalents at end of period 1.6       5.2       1.6 5.2 1.7
Reportable legal entities | Combined Non-Guarantor Subsidiaries                      
Operating activities:                      
Net income                 32.8 50.8 260.3
Equity in earnings of subsidiaries, net of taxes                 0.0 0.0 0.0
Other                 213.1 205.2 150.2
Net cash provided (required) by operating activities                 245.9 256.0 410.5
Investing activities:                      
(Increase) decrease in short-term marketable securities                 0.0 0.0 0.0
Proceeds from railcar lease fleet sales owned more than one year                 61.3 10.4 267.2
Proceeds from disposition of property and other assets                 10.1 11.9 6.3
Capital expenditures – leasing                 (382.4) (0.4) (55.4)
Capital expenditures – manufacturing and other                 (77.6) (99.7) (136.9)
Acquisitions, net of cash acquired                 (47.5) 0.0 (46.2)
(Increase) decrease in investment in partially-owned subsidiaries                 0.0 0.0 0.0
Divestitures                 0.0 0.0 51.3
Other                 0.3 5.3 0.3
Net cash provided (required) by investing activities                 (435.8) (72.5) 86.6
Financing activities:                      
Proceeds from issuance of common stock, net                 0.0 0.0 0.0
Excess tax benefits from stock-based compensation                 0.0 0.0 0.0
Payments to retire debt                 (371.6) (158.9) (584.0)
Proceeds from issuance of debt                 534.1 0.0 243.9
(Increase) decrease in restricted cash                 4.1 13.4 43.3
Shares repurchased                 0.0 0.0 0.0
Dividends paid to common shareholders                 0.0 0.0 0.0
Purchase of shares to satisfy employee tax on vested stock                 0.0 0.0 0.0
Distributions to noncontrolling interest                 (48.7) (26.4) (39.2)
Distributions to controlling interest in partially-owned leasing subsidiaries                 (35.0) (17.1) (24.8)
Change in intercompany financing between entities                 121.3 7.8 (173.8)
Other                 (0.3) (2.1) (0.8)
Net cash provided (required) by financing activities                 203.9 (183.3) (535.4)
Net increase (decrease) in cash and cash equivalents                 14.0 0.2 (38.3)
Cash and cash equivalents at beginning of period       51.3       51.1 51.3 51.1 89.4
Cash and cash equivalents at end of period 65.3       51.3       65.3 51.3 51.1
Eliminations                      
Operating activities:                      
Net income                 (701.1) (394.1) (1,075.0)
Equity in earnings of subsidiaries, net of taxes                 749.2 479.3 1,137.3
Other                 (20.9) (33.4) (57.4)
Net cash provided (required) by operating activities                 27.2 51.8 4.9
Investing activities:                      
(Increase) decrease in short-term marketable securities                 0.0 0.0 0.0
Proceeds from railcar lease fleet sales owned more than one year                 (363.9) 0.0 (43.2)
Proceeds from disposition of property and other assets                 0.0 0.0 0.0
Capital expenditures – leasing                 363.9 0.0 43.2
Capital expenditures – manufacturing and other                 0.0 0.0 0.0
Acquisitions, net of cash acquired                 0.0 0.0 0.0
(Increase) decrease in investment in partially-owned subsidiaries                 (35.0) (17.1) (24.8)
Divestitures                 0.0 0.0 0.0
Other                 0.0 0.0 0.0
Net cash provided (required) by investing activities                 (35.0) (17.1) (24.8)
Financing activities:                      
Proceeds from issuance of common stock, net                 0.0 0.0 0.0
Excess tax benefits from stock-based compensation                 0.0 0.0 0.0
Payments to retire debt                 0.0 0.0 0.0
Proceeds from issuance of debt                 0.0 0.0 0.0
(Increase) decrease in restricted cash                 (21.1) 4.0 5.2
Shares repurchased                 0.0 0.0 0.0
Dividends paid to common shareholders                 0.0 0.0 0.0
Purchase of shares to satisfy employee tax on vested stock                 0.0 0.0 0.0
Distributions to noncontrolling interest                 0.0 0.0 0.0
Distributions to controlling interest in partially-owned leasing subsidiaries                 35.0 17.1 24.8
Change in intercompany financing between entities                 (27.3) (51.7) (4.9)
Other                 0.0 0.0 0.0
Net cash provided (required) by financing activities                 (13.4) (30.6) 25.1
Net increase (decrease) in cash and cash equivalents                 (21.2) 4.1 5.2
Cash and cash equivalents at beginning of period       $ (31.0)       $ (35.1) (31.0) (35.1) (40.3)
Cash and cash equivalents at end of period $ (52.2)       $ (31.0)       $ (52.2) $ (31.0) $ (35.1)