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Property, Plant, and Equipment (Tables)
3 Months Ended
Mar. 31, 2018
Property, Plant and Equipment [Abstract]  
Components of property, plant, and equipment
The following table summarizes the components of property, plant, and equipment as of March 31, 2018 and December 31, 2017.
 
March 31,
2018
 
December 31,
2017
 
(in millions)
Manufacturing/Corporate:
 
 
 
Land
$
122.0

 
$
122.1

Buildings and improvements
668.5

 
668.1

Machinery and other
1,240.8

 
1,223.6

Construction in progress
33.2

 
32.6

 
2,064.5

 
2,046.4

Less accumulated depreciation
(1,092.3
)
 
(1,073.7
)
 
972.2

 
972.7

Leasing:
 
 
 
Wholly-owned subsidiaries:
 
 
 
Machinery and other
10.7

 
10.7

Equipment on lease
5,310.9

 
4,995.7

 
5,321.6

 
5,006.4

Less accumulated depreciation
(893.9
)
 
(858.9
)
 
4,427.7

 
4,147.5

Partially-owned subsidiaries:
 
 
 
Equipment on lease
2,331.5

 
2,317.7

Less accumulated depreciation
(508.7
)
 
(493.1
)
 
1,822.8

 
1,824.6

 
 
 
 
Deferred profit on railcars sold to the Leasing Group
(1,011.6
)
 
(985.2
)
Less accumulated amortization
182.4

 
175.1

 
(829.2
)
 
(810.1
)
 
$
6,393.5

 
$
6,134.7