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Note 6. Railcar Leasing and Management Services Group Railcar Leasing and Management Services Group (Tables)
 12 Months Ended
Dec. 31, 2020
Sale Leaseback Transaction [Line Items]  
Reconciliation of Other Significant Reconciling Items from Segments to Consolidated [Table Text Block] Selected consolidated financial information for the Leasing Group is as follows:
December 31, 2020
Wholly-
Owned
Subsidiaries		Partially-Owned SubsidiariesTotal Leasing Group
Eliminations – Lease Subsidiary (1)
Adjusted Total Leasing Group
(in millions)
Cash and cash equivalents$3.5 $— $3.5 $— $3.5 
Accounts receivable82.0 8.4 90.4 — 90.4 
Property, plant, and equipment, net (2)
5,795.9 1,626.3 7,422.2 (820.3)6,601.9 
Restricted cash65.2 31.1 96.3 — 96.3 
Other assets38.1 1.6 39.7 — 39.7 
Total assets$5,984.7 $1,667.4 $7,652.1 $(820.3)$6,831.8 
Accounts payable and accrued liabilities$141.4 $30.9 $172.3 $— $172.3 
Debt, net3,340.5 1,228.3 4,568.8 — 4,568.8 
Deferred income taxes1,062.3 1.1 1,063.4 (186.2)877.2 
Other liabilities25.7 — 25.7 — 25.7 
Total liabilities4,569.9 1,260.3 5,830.2 (186.2)5,644.0 
Noncontrolling interest— 277.2 277.2 — 277.2 
Total Equity$1,414.8 $129.9 $1,544.7 $(634.1)$910.6 
December 31, 2019
Wholly-
Owned
Subsidiaries		Partially-Owned SubsidiariesTotal Leasing Group
Eliminations – Lease Subsidiary (1)
Adjusted Total Leasing Group
(in millions)
Cash and cash equivalents$1.8 $— $1.8 $— $1.8 
Accounts receivable73.9 8.7 82.6 — 82.6 
Property, plant, and equipment, net5,818.9 1,786.7 7,605.6 (903.8)6,701.8 
Restricted cash78.4 33.0 111.4 — 111.4 
Other assets209.8 1.4 211.2 — 211.2 
Total assets$6,182.8 $1,829.8 $8,012.6 $(903.8)$7,108.8 
Accounts payable and accrued liabilities$100.7 $44.6 $145.3 $— $145.3 
Debt, net3,080.7 1,278.4 4,359.1 — 4,359.1 
Deferred income taxes861.7 1.1 862.8 (184.8)678.0 
Other liabilities32.7 — 32.7 — 32.7 
Total liabilities4,075.8 1,324.1 5,399.9 (184.8)5,215.1 
Noncontrolling interest— 348.8 348.8 — 348.8 
Total Equity$2,107.0 $156.9 $2,263.9 $(719.0)$1,544.9 
(1) Net deferred profit on railcars sold to the Leasing Group consists of intersegment profit that is eliminated in consolidation. Net deferred profit and the related deferred tax impact are included as adjustments to the property, plant, and equipment, net and deferred income taxes line items, respectively, in the Eliminations – Lease Subsidiary column above to reflect the net book value of the railcars purchased by the Leasing Group from the Rail Products Group based on manufacturing cost. See Note 5 and Note 8 for a further discussion regarding our investment in our partially-owned leasing subsidiaries and the related indebtedness.
(2) See Note 11 for further information regarding impairment of long-lived assets recorded in the year ended December 31, 2020.
Consolidating Financial Performance Information of Specific Segment of Company [Table Text Block]
 Year Ended December 31,Percent Change
 202020192018
2020 versus 2019
2019 versus 2018
($ in millions)
Revenues:
Leasing and management revenues$747.9 $756.5 $728.9 (1.1)%3.8 %
Sales of railcars owned one year or less at the time of sale (1)(2)
54.4 360.7 113.9 (84.9)%216.7 %
Total revenues$802.3 $1,117.2 $842.8 (28.2)%32.6 %
Operating profit (3):
Leasing and management$336.0 $314.7 $291.8 6.8 %7.8 %
Railcars owned one year or less at the time of sale 0.4 41.4 21.5 (99.0)%92.6 %
Railcars owned more than one year at the time of sale17.3 50.5 50.4 (65.7)%0.2 %
Property disposition losses (4)
— — (12.6)**
Total operating profit$353.7 $406.6 $351.1 (13.0)%15.8 %
Total operating profit margin44.1 %36.4 %41.7 %
Leasing and management operating profit margin
44.9 %41.6 %40.0 %
Selected expense information:
Depreciation (5)(6)
$214.7 $232.2 $196.6 (7.5)%18.1 %
Maintenance and compliance$88.1 $102.1 $99.3 (13.7)%2.8 %
Rent$9.7 $16.9 $42.4 (42.6)%(60.1)%
Selling, engineering, and administrative expenses
$51.3 $49.5 $51.1 3.6 %(3.1)%
Interest $196.2 $197.2 $142.3 (0.5)%38.6 %
 * Not meaningful
(1) Includes revenues associated with sales-type leases of $160.5 million for the year ended December 31, 2019.
(2) Beginning in the fourth quarter of 2020, we made a prospective change in the presentation of sales of railcars from the lease fleet. See Note 1 for more information.
(3) Operating profit includes: depreciation; maintenance and compliance; rent; and selling, engineering, and administrative expenses. Amortization of deferred profit on railcars sold from the Rail Products Group to the Leasing Group is included in the operating profits of the Leasing Group, resulting in the recognition of depreciation expense based on our original manufacturing cost of the railcars. Interest expense is not a component of operating profit and includes the effect of hedges.
(4) Property disposition losses for the year ended December 31, 2018 included a non-cash charge of $12.6 million associated with our election to forego the early purchase options contained in certain lease agreements.
(5) Effective January 1, 2020, we revised the estimated useful lives and salvage values of certain railcar types in our lease fleet. This change in estimate resulted in a decrease in depreciation expense in the year ended December 31, 2020 of approximately $30.8 million. This decrease was partially offset by higher depreciation associated with growth in the lease fleet. See Note 1 for further information.
(6) As a result of the impairment of long-lived assets related to our small cube covered hopper railcars recorded in the second quarter of 2020, our quarterly depreciation expense beginning in the third quarter of 2020 has decreased by approximately $3.5 million, for a total reduction of $7.0 million for the year ended December 31, 2020.
Operating Leases of Lessor Disclosure [Table Text Block] The Leasing Group primarily enters into operating leases. Future contractual minimum rental revenues on operating leases related to our wholly-owned and partially-owned subsidiaries are as follows:
20212022202320242025ThereafterTotal
 (in millions)
Future contractual minimum rental revenues$550.4 $432.8 $322.3 $237.9 $160.9 $290.6 $1,994.9 
Sale Of Leased Railcars [Table Text Block]
During the years ended December 31, 2020, 2019, and 2018, information related to the sales of leased railcars is as follows:
Year Ended December 31,
202020192018
(in millions)
Sales of leased railcars:
Railcars owned one year or less at the time of sale (1)(2)
$54.4 $360.7 $113.9 
Railcars owned more than one year at the time of sale
138.7 205.7 230.5 
$193.1 $566.4 $344.4 
Operating profit on sales of leased railcars:
Railcars owned one year or less at the time of sale$0.4 $41.4 $21.5 
Railcars owned more than one year at the time of sale17.3 50.5 50.4 
$17.7 $91.9 $71.9 
Operating profit margin on sales of leased railcars:
Railcars owned one year or less at the time of sale0.7 %11.5 %18.9 %
Railcars owned more than one year at the time of sale12.5 %24.6 %21.9 %
Weighted average operating profit margin on sales of leased railcars
9.2 %16.2 %20.9 %
(1) Includes revenues associated with sales-type leases of $160.5 million for the year ended December 31, 2019.
(2) Beginning in the fourth quarter of 2020, we made a prospective change in the presentation of sales of railcars from the lease fleet. See Note 1 for more information.
Other Third Parties [Member]  
Sale Leaseback Transaction [Line Items]  
Sale Leaseback Transactions [Table Text Block] Future amounts due as well as future contractual minimum rental revenues related to the Leasing Group's railcar operating lease obligations are as follows: 
20212022202320242025ThereafterTotal
 (in millions)
Future operating lease obligations
$8.2 $7.5 $5.7 $2.5 $0.6 $0.3 $24.8 
Future contractual minimum rental revenues
$5.0 $3.4 $1.6 $0.7 $0.2 $— $10.9