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Consolidated Statements of Operations (unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Revenues [Abstract]        
Revenues $ 813.6 $ 606.9 $ 2,154.4 $ 1,774.1
Cost of revenues:        
Total cost of revenues 649.1 466.5 1,691.0 1,348.3
Selling, engineering, and administrative expenses:        
Selling, engineering, and administrative expenses 62.1 75.6 191.5 224.6
Gains (losses) on dispositions of property:        
Net gains on railcar lease fleet sales owned more than one year at the time of sale 18.1 9.4 44.7 21.0
Other (0.2) 1.0 2.5 3.1
Total gains (losses) on disposition of property 17.9 10.4 47.2 24.1
Total operating profit 120.3 75.2 319.1 225.3
Other (income) expense:        
Interest income (1.8) (2.4) (4.7) (10.0)
Interest expense 55.8 42.8 165.5 132.9
Other Nonoperating Income (Expense) 0.0 (0.4) 0.2 (3.5)
Other Nonoperating Expense 54.0 40.0 161.0 119.4
Income from continuing operations before income taxes 66.3 35.2 158.1 105.9
Provision for income taxes 18.2 6.7 41.2 24.9
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest 48.1 28.5 116.9 81.0
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest (0.4) (0.2) (2.3) 54.4
Net income 47.7 28.3 114.6 135.4
Net income (loss) attributable to noncontrolling interest (1.3) 0.6 (1.4) 3.4
Net income attributable to Trinity Industries, Inc. $ 49.0 $ 27.7 $ 116.0 $ 132.0
Basic earnings per common share:        
Income (Loss) from Continuing Operations, Per Basic Share $ 0.39 $ 0.19 $ 0.91 $ 0.52
Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Basic Share 0 0 (0.02) 0.37
Basic (in dollars per share) 0.39 0.19 0.89 0.89
Income (Loss) from Continuing Operations, Per Diluted Share 0.39 0.19 0.90 0.51
Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Diluted Share 0 0 (0.02) 0.36
Diluted (in dollars per share) $ 0.39 $ 0.19 $ 0.88 $ 0.87
Weighted average number of shares outstanding:        
Basic (in shares) 124.7 145.0 127.6 146.1
Diluted (in shares) 126.0 145.8 129.2 148.8
Manufacturing        
Revenues [Abstract]        
Revenues $ 487.4 $ 379.7 $ 1,351.1 $ 1,159.4
Cost of revenues:        
Total cost of revenues 430.7 333.5 1,181.9 1,003.4
Selling, engineering, and administrative expenses:        
Selling, engineering, and administrative expenses 27.5 26.3 77.2 72.9
Leasing        
Revenues [Abstract]        
Revenues 326.2 227.2 803.3 614.7
Cost of revenues:        
Total cost of revenues 218.4 133.0 509.1 344.9
Selling, engineering, and administrative expenses:        
Selling, engineering, and administrative expenses 10.7 11.9 36.2 36.7
Other        
Selling, engineering, and administrative expenses:        
Selling, engineering, and administrative expenses $ 23.9 $ 37.4 $ 78.1 $ 115.0