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Property, Plant, and Equipment (Tables)
12 Months Ended
Dec. 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 December 31, 2018 and 2017.
 
December 31,
2018
 
December 31,
2017
 
(in millions)
Manufacturing/Corporate:
 
 
 
Land
$
24.2

 
$
25.4

Buildings and improvements
385.5

 
407.7

Machinery and other
537.2

 
550.2

Construction in progress
16.3

 
8.3

 
963.2

 
991.6

Less accumulated depreciation
(592.3
)
 
(595.8
)
 
370.9

 
395.8

Leasing:
 
 
 
Wholly-owned subsidiaries:
 
 
 
Machinery and other
13.5

 
10.7

Equipment on lease
5,934.8

 
4,987.6

 
5,948.3

 
4,998.3

Less accumulated depreciation
(971.8
)
 
(858.3
)
 
4,976.5

 
4,140.0

Partially-owned subsidiaries:
 
 
 
Equipment on lease
2,371.9

 
2,315.5

Less accumulated depreciation
(557.2
)
 
(492.8
)
 
1,814.7

 
1,822.7

 
 
 
 
Deferred profit on railcars sold to the Leasing Group
(1,030.0
)
 
(974.9
)
Less accumulated amortization
202.3

 
174.2

 
(827.7
)
 
(800.7
)
 
$
6,334.4

 
$
5,557.8