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Property, Plant, and Equipment (Tables)
9 Months Ended
Sep. 30, 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 September 30, 2018 and December 31, 2017.
 
September 30,
2018
 
December 31,
2017
 
(in millions)
Manufacturing/Corporate:
 
 
 
Land
$
119.2

 
$
122.1

Buildings and improvements
671.0

 
668.1

Machinery and other
1,246.1

 
1,223.6

Construction in progress
45.0

 
32.6

 
2,081.3

 
2,046.4

Less accumulated depreciation
(1,136.2
)
 
(1,073.7
)
 
945.1

 
972.7

Leasing:
 
 
 
Wholly-owned subsidiaries:
 
 
 
Machinery and other
12.8

 
10.7

Equipment on lease
5,555.1

 
4,995.7

 
5,567.9

 
5,006.4

Less accumulated depreciation
(959.5
)
 
(858.9
)
 
4,608.4

 
4,147.5

Partially-owned subsidiaries:
 
 
 
Equipment on lease
2,356.7

 
2,317.7

Less accumulated depreciation
(540.8
)
 
(493.1
)
 
1,815.9

 
1,824.6

 
 
 
 
Deferred profit on railcars sold to the Leasing Group
(1,027.8
)
 
(985.2
)
Less accumulated amortization
196.4

 
175.1

 
(831.4
)
 
(810.1
)
 
$
6,538.0

 
$
6,134.7