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Note 4. Segment Information Segment Information (Details)
3 Months Ended 12 Months Ended
Dec. 31, 2021
USD ($)
Sep. 30, 2021
USD ($)
Jun. 30, 2021
USD ($)
Mar. 31, 2021
USD ($)
Dec. 31, 2020
USD ($)
Sep. 30, 2020
USD ($)
Jun. 30, 2020
USD ($)
Mar. 31, 2020
USD ($)
Dec. 31, 2021
USD ($)
segment
Dec. 31, 2020
USD ($)
Dec. 31, 2019
USD ($)
Segment Reporting Information [Line Items]                      
Number of Reportable Segments | segment                 2    
External Revenue                 $ 1,516,000,000 $ 1,749,700,000 $ 2,752,400,000
Revenues: $ 472,200,000 $ 419,800,000 $ 293,300,000 $ 330,700,000 $ 359,700,000 $ 396,800,000 $ 439,900,000 $ 553,300,000 1,516,000,000 1,749,700,000 2,752,400,000
Depreciation and amortization                 265,700,000 258,500,000 276,500,000
Payments to Acquire Productive Assets                 570,800,000 698,100,000 1,210,200,000
Total operating profit (loss) 69,200,000 78,300,000 57,800,000 51,500,000 30,400,000 64,000,000.0 (316,300,000) 67,300,000 256,800,000 (154,600,000) 396,800,000
Asset Impairment Charges         (27,000,000.0) 0 (369,400,000) [1] 0 0 (396,400,000) 0
Restructuring Charges 2,600,000 100,000 700,000 300,000 (500,000) (4,700,000) (300,000) (5,400,000) 3,700,000 (10,900,000) (14,600,000)
Nonoperating Income (Expense) 41,100,000 44,500,000 63,500,000 52,500,000 205,900,000 [2] 53,700,000 52,300,000 58,100,000 201,600,000 370,000,000.0 215,600,000
Provision (benefit) for income taxes: 6,500,000 8,300,000 (2,900,000) 4,000,000.0 (42,300,000) (8,700,000) (74,000,000.0) (149,100,000) 15,900,000 (274,100,000) 58,800,000
Gain on sale of discontinued operations, net of provision for income taxes of $51.9, $—, and $— 131,400,000 0 0 0         131,400,000 0 0
Income from discontinued operations, net of provision for income taxes of $3.5, $5.5, and $1.7 (13,200,000) 10,400,000 7,600,000 6,300,000 6,600,000 6,900,000 6,800,000 4,000,000.0 11,100,000 24,300,000 13,700,000
Net income (loss) 139,800,000 $ 35,900,000 $ 4,800,000 $ 1,300,000 (126,600,000) $ 25,900,000 $ (287,800,000) $ 162,300,000 181,800,000 (226,200,000) $ 136,100,000
Total assets 8,235,900,000       8,701,800,000       8,235,900,000 8,701,800,000  
Assets of discontinued operations 0       178,500,000       $ 0 $ 178,500,000  
Customer Concentration Risk | Revenue Benchmark | Major Customer                      
Segment Reporting Information [Line Items]                      
Concentration Risk, Percentage                 22.00% 16.00% 11.00%
Railcar Leasing and Management Services Group [Member]                      
Segment Reporting Information [Line Items]                      
External Revenue                 $ 734,600,000 $ 801,500,000 $ 1,116,300,000
Revenues:                 735,300,000 802,300,000 1,117,200,000
Total operating profit (loss)                 350,900,000 353,700,000 406,600,000
Restructuring Charges                 0 (1,400,000) (200,000)
Rail Products Group [Member]                      
Segment Reporting Information [Line Items]                      
External Revenue                 781,400,000 948,200,000 1,635,300,000
Total operating profit (loss)                 4,700,000 36,300,000 277,600,000
Restructuring Charges                 (300,000) (1,300,000) (700,000)
Other Segments [Member]                      
Segment Reporting Information [Line Items]                      
External Revenue                     800,000
Revenues:                     1,200,000
Corporate Segment [Member]                      
Segment Reporting Information [Line Items]                      
Total operating profit (loss)                 (84,100,000) (99,700,000) (107,700,000)
Restructuring Charges                 4,000,000.0 (8,200,000) (13,700,000)
Operating Segments [Member]                      
Segment Reporting Information [Line Items]                      
Total operating profit (loss)                 355,600,000 390,000,000.0 684,200,000
Total assets 8,649,800,000       8,510,700,000       8,649,800,000 8,510,700,000  
Operating Segments [Member] | Railcar Leasing and Management Services Group [Member]                      
Segment Reporting Information [Line Items]                      
Revenues:                 735,300,000 802,300,000 1,117,200,000
Depreciation and amortization                 226,000,000.0 [3],[4],[5] 214,700,000 [3],[4] 232,200,000
Payments to Acquire Productive Assets                 547,200,000 602,200,000 1,122,200,000
Total operating profit (loss) [6]                 350,900,000 353,700,000 406,600,000
Total assets 7,585,400,000       7,652,100,000       7,585,400,000 7,652,100,000  
Operating Segments [Member] | Rail Products Group [Member]                      
Segment Reporting Information [Line Items]                      
Revenues:                 1,264,800,000 1,609,500,000 2,974,800,000
Depreciation and amortization                 33,600,000 35,100,000 34,100,000
Payments to Acquire Productive Assets                 21,300,000 78,500,000 85,600,000
Total assets 1,064,400,000       858,600,000       1,064,400,000 858,600,000  
Operating Segments [Member] | Corporate Segment [Member]                      
Segment Reporting Information [Line Items]                      
Depreciation and amortization                 6,100,000 8,700,000 10,200,000
Payments to Acquire Productive Assets                 2,300,000 17,400,000 2,400,000
Total assets 365,200,000       832,900,000       365,200,000 832,900,000  
Intersegment Eliminations [Member] | Railcar Leasing and Management Services Group [Member]                      
Segment Reporting Information [Line Items]                      
Intersegment Revenues                 700,000 800,000 900,000
Intersegment Eliminations [Member] | Rail Products Group [Member]                      
Segment Reporting Information [Line Items]                      
Intersegment Revenues                 483,400,000 661,300,000 1,339,500,000
Intersegment Eliminations [Member] | Other Segments [Member]                      
Segment Reporting Information [Line Items]                      
Intersegment Revenues                     400,000
MEXICO                      
Segment Reporting Information [Line Items]                      
Total assets 414,800,000       267,000,000       414,800,000 267,000,000  
Long-Lived Assets 102,000,000       111,900,000       102,000,000 111,900,000  
Consolidated Subsidiaries, Leasing [Member]                      
Segment Reporting Information [Line Items]                      
Total operating profit (loss)                 (17,200,000) (35,200,000) (164,700,000)
Consolidated Subsidiaries, Leasing [Member] | Intersegment Eliminations [Member]                      
Segment Reporting Information [Line Items]                      
Intersegment Revenues                 (478,500,000) (652,900,000) (1,331,100,000)
Revenues:                 (478,500,000) (652,900,000) (1,331,100,000)
Depreciation and amortization                 0 0 0
Payments to Acquire Productive Assets                 0 0 0
Total assets [7] $ (779,100,000)       $ (820,300,000)       (779,100,000) (820,300,000)  
Consolidated Subsidiaries, Excluding Leasing [Member]                      
Segment Reporting Information [Line Items]                      
Total operating profit (loss)                 (1,200,000) (2,400,000) (400,000)
Consolidated Subsidiaries, Excluding Leasing [Member] | Intersegment Eliminations [Member]                      
Segment Reporting Information [Line Items]                      
Intersegment Revenues                 (5,600,000) (9,200,000) (9,700,000)
Revenues:                 (5,600,000) (9,200,000) (9,700,000)
Depreciation and amortization                 0 0 0
Payments to Acquire Productive Assets                 $ 0 $ 0 $ 0
[1] Impairment of long-lived assets during the three months ended June 30, 2020 relates to our small cube covered hopper railcars. See Note 11 for further information.
[2] Other expense during the three months ended December 31, 2020 includes $151.5 million related to the settlement of our Pension Plan. See Note 10 for further information.
[3] Additionally, depreciation expense related to our small cube covered hopper railcars decreased by approximately $7.0 million for the years ended December 31, 2021 and 2020 as a result of the impairment charge recorded in the second quarter of 2020 related to these railcars.
[4] 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 of approximately $30.8 million in the years ended December 31, 2021 and 2020. See Note 1 for further information.
[5] In connection with our sustainable railcar conversion program, depreciation expense increased $8.8 million for the year ended December 31, 2021, as a result of the disposal of certain railcar components.
[6] Operating profit includes: depreciation; fleet operating costs, which include maintenance, compliance, freight, and storage; rent and ad valorem taxes; 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.
[7] 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.