XML 37 R2.htm IDEA: XBRL DOCUMENT v3.20.4
Consolidated Statements of Operations - USD ($)
shares in Millions
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Revenues: $ 1,999,400,000 $ 3,005,100,000 $ 2,509,100,000
Cost of revenues: 1,508,400,000 2,365,700,000 1,938,800,000
Selling, engineering, and administrative expenses: 228,400,000 262,800,000 296,600,000
Net gains on railcar lease fleet sales owned more than one year at the time of sale 17,300,000 50,500,000 50,400,000
Gain (Loss) on Disposition of Other Assets 3,000,000.0 3,900,000 (9,000,000.0)
Gains (losses) on dispositions of property: 20,300,000 54,400,000 41,400,000
Impairment of long-lived assets 396,400,000 0 0
Restructuring activities, net 11,000,000.0 14,700,000 0
Total operating profit (loss) (124,500,000) 416,300,000 315,100,000
Interest income (3,200,000) (7,300,000) (11,900,000)
Interest expense 219,200,000 221,800,000 179,300,000
Pension plan settlement (151,500,000) 0 0
Other Nonoperating Income     (3,900,000)
Other Nonoperating Expense 2,500,000 1,100,000  
Other (income) expense: 370,000,000.0 215,600,000 163,500,000
Income (loss) from continuing operations before income taxes (494,500,000) 200,700,000 151,600,000
Current Income Tax Expense (Benefit) (494,500,000) 6,700,000 (15,300,000)
Provision for deferred income taxes 226,100,000 54,800,000 57,900,000
Provision (benefit) for income taxes: (268,400,000) 61,500,000 42,600,000
Income (loss) from continuing operations (226,100,000) 139,200,000 109,000,000.0
Income (loss) from discontinued operations, net of provision (benefit) for income taxes of $(0.1), $(1.0), $30.7 (100,000) (3,100,000) 54,100,000
Net income (loss) (226,200,000) 136,100,000 163,100,000
Net income (loss) attributable to noncontrolling interest (78,900,000) (1,500,000) 3,800,000
Net income (loss) attributable to Trinity Industries, Inc. $ (147,300,000) $ 137,600,000 $ 159,300,000
Income (loss) from continuing operations $ (1.27) $ 1.11 $ 0.72
Income (loss) from discontinued operations 0 (0.02) 0.37
Basic net income (loss) attributable to Trinity Industries, Inc. (1.27) 1.09 1.09
Income (loss) from continuing operations (1.27) 1.09 0.70
Income (loss) from discontinued operations 0 (0.02) 0.37
Diluted net income (loss) attributable to Trinity Industries, Inc. $ (1.27) $ 1.07 $ 1.07
Basic weighted average shares outstanding 115.9 125.6 144.0
Diluted weighted average shares outstanding 115.9 127.3 146.4
Manufacturing [Member]      
Revenues: $ 1,197,700,000 $ 1,888,800,000 $ 1,667,100,000
Cost of revenues: 1,091,000,000.0 1,649,500,000 1,459,800,000
Selling, engineering, and administrative expenses: 79,400,000 105,300,000 96,400,000
Leasing [Member]      
Revenues: 801,700,000 1,116,300,000 842,000,000.0
Cost of revenues: 417,400,000 716,200,000 479,000,000.0
Selling, engineering, and administrative expenses: 51,300,000 49,500,000 51,100,000
Other [Member]      
Selling, engineering, and administrative expenses: $ 97,700,000 $ 108,000,000.0 $ 149,100,000