Consolidated Statements of Cash Flows (unaudited) - USD ($) $ in Millions	6 Months Ended
Jun. 30, 2019	Jun. 30, 2018
Operating activities:
Net income	$ 66.9	$ 107.1
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent	(1.9)	54.6
Adjustments to reconcile net income to net cash (used in) provided by operating activities:
Depreciation and amortization	138.1	119.7
Stock-based compensation expense	13.0	14.2
Provision for deferred income taxes	22.8	19.0
Net gains on railcar lease fleet sales owned more than one year at the time of sale	(26.6)	(11.6)
Gains on dispositions of property and other assets	(2.7)	(2.1)
Non-cash interest expense	7.2	12.6
Other	(1.9)	(0.6)
Changes in operating assets and liabilities:
(Increase) decrease in receivables	(55.7)	11.0
(Increase) decrease in inventories	(75.8)	41.9
(Increase) decrease in other assets	(33.0)	(26.8)
Increase (decrease) in accounts payable	5.6	14.4
Increase (decrease) in accrued liabilities	(51.7)	(25.9)
Increase (decrease) in other liabilities	(5.2)	1.5
Net Cash Provided by (Used in) Operating Activities, Continuing Operations	2.9	219.8
Cash Provided by (Used in) Operating Activities, Discontinued Operations	0.0	128.5
Net cash provided (required) by operating activities	2.9	348.3
Investing activities:
(Increase) decrease in short-term marketable securities	0.0	294.5
Proceeds from dispositions of property and other assets	14.3	4.4
Proceeds from railcar lease fleet sales owned more than one year at the time of sale	99.9	56.4
Payments to Acquire Leasing Assets Net of Sold Railcars Owned One Year or Less	690.9	503.2
Capital expenditures – manufacturing and other	(34.0)	(13.5)
Other	(1.2)	1.3
Net Cash Provided by (Used in) Investing Activities, Continuing Operations	(611.9)	(160.1)
Cash Provided by (Used in) Investing Activities, Discontinued Operations	0.0	(44.3)
Net cash provided (required) by investing activities	(611.9)	(204.4)
Financing activities:
Payments to retire debt	(1,044.9)	(674.5)
Proceeds from issuance of debt	1,626.9	478.0
Shares repurchased	(59.0)	(102.2)
Dividends paid to common shareholders	(39.5)	(39.3)
Purchase of shares to satisfy employee tax on vested stock	(7.9)	(11.3)
Distributions to noncontrolling interest	(0.9)	(10.3)
Other	0.0	(3.2)
Net cash provided (required) by financing activities	474.7	(362.8)
Net decrease in cash, cash equivalents, and restricted cash	(134.3)	(218.9)
Cash, cash equivalents, and restricted cash at beginning of period	350.8	973.8
Cash, cash equivalents, and restricted cash at end of period	$ 216.5	$ 754.9

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The net amount paid (received) by the reporting entity through acquisition or sale and maturities of short-term investments with an original maturity that is three months or less which qualify for treatment as an investing activity based on management's intention and intended by management to be liquidated, if necessary, within the current operating cycle. Includes cash flows from securities classified as trading securities that were acquired for reasons other than sale in the short-term.

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The cash outflow to reacquire common stock during the period.

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Amount of cash outflow in the form of ordinary dividends to common shareholders of the parent entity.

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Amount of cash outflow in the form of ordinary dividends provided by the non-wholly owned subsidiary to noncontrolling interests.

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Amount of cash outflow to satisfy an employee's income tax withholding obligation as part of a net-share settlement of a share-based award.

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The cash outflow associated with the acquisition of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale; includes cash outflows to pay for construction of self-constructed assets.

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The cash inflow associated with security instrument that either represents a creditor or an ownership relationship with the holder of the investment security with a maturity of beyond one year or normal operating cycle, if longer. Includes proceeds from (a) debt, (b) capital lease obligations, (c) mandatory redeemable capital securities, and (d) any combination of (a), (b), or (c).

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Amount of cash inflow (outflow) from financing activities classified as other.

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Amount of cash inflow from the sale of tangible or intangible assets used to produce goods or deliver services, classified as other.

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The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest.

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The cash outflow associated with security instruments that either represent a creditor or an ownership relationship with the holder of the investment security with a maturity of beyond one year or normal operating cycle, if longer. Includes repayments of (a) debt, (b) capital lease obligations, (c) mandatory redeemable capital securities, and (d) any combination of (a), (b), or (c).

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The aggregate amount of noncash, equity-based employee remuneration. This may include the value of stock or unit options, amortization of restricted stock or units, and adjustment for officers' compensation. As noncash, this element is an add back when calculating net cash generated by operating activities using the indirect method.

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