XML 66 R51.htm IDEA: XBRL DOCUMENT v3.21.2
Railcar Leasing and Management Services Group - Selected consolidating financial information for the Leasing Group (Details) - USD ($)
$ in Millions
Sep. 30, 2021
Dec. 31, 2020
Segment Reporting Information [Line Items]    
Cash and cash equivalents $ 221.8 $ 132.0
Receivables, net of allowance 246.3 199.0
Property, Plant and Equipment, Net 6,800.1 7,003.4
Restricted cash 123.3 96.4
Other assets 292.9 295.2
Total assets 8,495.6 8,701.8
Total debt 5,176.5 5,017.0
Deferred income taxes 1,060.3 1,047.5
Other liabilities 157.4 150.2
Total liabilities 6,899.2 6,685.8
Noncontrolling interest 265.4 277.2
Total Equity 1,331.0 1,738.8
Operating Segments [Member] | Railcar Leasing and Management Services Group [Member]    
Segment Reporting Information [Line Items]    
Cash and cash equivalents 2.6 3.5
Receivables, net of allowance 113.3 90.4
Property, Plant and Equipment, Net 7,198.1 7,422.2
Restricted cash 123.3 96.3
Other assets 64.6 39.7
Total assets 7,501.9 7,652.1
Accounts payable and accrued liabilities 171.4 172.3
Total debt 4,778.0 4,568.8
Deferred income taxes 1,088.5 1,063.4
Other liabilities 39.1 25.7
Total liabilities 6,077.0 5,830.2
Noncontrolling interest 265.4 277.2
Total Equity 1,159.5 1,544.7
Intersegment Eliminations [Member]    
Segment Reporting Information [Line Items]    
Property, Plant and Equipment, Net (782.6) (820.3)
Railcar Leasing and Management Services Group [Member]    
Segment Reporting Information [Line Items]    
Cash and cash equivalents 2.6 3.5
Receivables, net of allowance 113.3 90.4
Property, Plant and Equipment, Net 6,415.5 6,601.9
Restricted cash 123.3 96.3
Other assets 64.6 39.7
Total assets 6,719.3 6,831.8
Accounts payable and accrued liabilities 171.4 172.3
Total debt 4,778.0 4,568.8
Deferred income taxes 908.3 877.2
Other liabilities 39.1 25.7
Total liabilities 5,896.8 5,644.0
Noncontrolling interest 265.4 277.2
Total Equity 557.1 910.6
Wholly-owned subsidiaries | Operating Segments [Member] | Railcar Leasing and Management Services Group [Member]    
Segment Reporting Information [Line Items]    
Cash and cash equivalents 2.6 3.5
Receivables, net of allowance 101.9 82.0
Property, Plant and Equipment, Net 5,603.4 5,795.9
Restricted cash 81.1 65.2
Other assets 63.3 38.1
Total assets 5,852.3 5,984.7
Accounts payable and accrued liabilities 137.7 141.4
Total debt 3,553.5 3,340.5
Deferred income taxes 1,087.4 1,062.3
Other liabilities 39.1 25.7
Total liabilities 4,817.7 4,569.9
Noncontrolling interest 0.0 0.0
Total Equity 1,034.6 1,414.8
Partially-owned subsidiaries | Operating Segments [Member] | Railcar Leasing and Management Services Group [Member]    
Segment Reporting Information [Line Items]    
Cash and cash equivalents 0.0 0.0
Receivables, net of allowance 11.4 8.4
Property, Plant and Equipment, Net 1,594.7 1,626.3
Restricted cash 42.2 31.1
Other assets 1.3 1.6
Total assets 1,649.6 1,667.4
Accounts payable and accrued liabilities 33.7 30.9
Total debt 1,224.5 1,228.3
Deferred income taxes 1.1 1.1
Other liabilities 0.0 0.0
Total liabilities 1,259.3 1,260.3
Noncontrolling interest 265.4 277.2
Total Equity 124.9 129.9
Consolidated Subsidiaries, Leasing [Member] | Intersegment Eliminations [Member]    
Segment Reporting Information [Line Items]    
Cash and cash equivalents 0.0 0.0
Receivables, net of allowance 0.0 0.0
Property, Plant and Equipment, Net [1] (782.6) (820.3)
Restricted cash 0.0 0.0
Other assets 0.0 0.0
Total assets (782.6) [1] (820.3)
Accounts payable and accrued liabilities 0.0 0.0
Total debt 0.0 0.0
Deferred income taxes [1] (180.2) (186.2)
Other liabilities 0.0 0.0
Total liabilities [1] (180.2) (186.2)
Noncontrolling interest 0.0 0.0
Total Equity [1] $ (602.4) $ (634.1)
[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 4 and Note 7 for a further discussion regarding our investment in our partially-owned leasing subsidiaries and the related indebtedness.