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Note 8. Debt (Tables)
 12 Months Ended
Dec. 31, 2022
Debt Disclosure [Abstract]  
Schedule of Carrying Values and Estimated Fair Values of Debt Instruments
The carrying amounts and estimated fair values of our debt are as follows:
December 31, 2022December 31, 2021
Carrying ValueEstimated Fair ValueCarrying ValueEstimated Fair Value
 (in millions)
Corporate – Recourse:
Revolving credit facility$225.0 $225.0 $— $— 
Senior notes, net of unamortized discount of $0.1 and $0.1
399.9 387.5 399.9 420.8 
624.9 612.5 399.9 420.8 
Less: unamortized debt issuance costs(0.8)(1.2)
Total recourse debt624.1 398.7 
Leasing – Non-recourse:
Wholly-owned subsidiaries:
2009 secured railcar equipment notes115.8 116.6 128.5 144.9 
2010 secured railcar equipment notes204.1 197.1 220.6 234.6 
2017 promissory notes, net of unamortized discount of $5.6 and $7.8
716.0 716.0 760.2 760.2 
2018 secured railcar equipment notes, net of unamortized discount of $0.1 and $0.1
398.9 360.9 416.5 423.3 
2019 secured railcar equipment notes, net of unamortized discount of $0.2 and $0.3
786.0 716.9 822.8 847.3 
2020 secured railcar equipments notes, net of unamortized discount of $— and $0.1
330.4 284.6 348.8 349.9 
2021 secured railcar equipment notes, net of unamortized discount of $— and $—
307.7 253.9 320.3 319.6 
2022 secured railcar equipment notes, net of unamortized discount of $— and $—
241.1 239.7 — — 
TILC warehouse facility721.8 721.8 561.8 561.8 
3,821.8 3,607.5 3,579.5 3,641.6 
Less: unamortized debt issuance costs(21.1)(23.7)
3,800.7 3,555.8 
Partially-owned subsidiaries:
TRP-2021 secured railcar equipment notes, net of unamortized discount of $— and $0.1
347.0 291.8 352.2 347.7 
Triumph Rail secured railcar equipment notes, net of unamortized discount of $0.2 and $0.2
523.0 451.4 551.3 548.1 
Tribute Rail secured railcar equipment notes, net of unamortized discount of $0.1 and $—
322.6 281.1 — — 
TRIP Railcar Co. term loan— — 323.7 323.7 
1,192.6 1,024.3 1,227.2 1,219.5 
Less: unamortized debt issuance costs(9.8)(11.1)
1,182.8 1,216.1 
Total non–recourse debt4,983.5 4,771.9 
Total debt$5,607.6 $5,244.3 $5,170.6 $5,281.9 
Schedule of Maturities of Long-term Debt [Table Text Block]
The remaining principal payments under existing debt agreements as of December 31, 2022 based on the anticipated repayment dates are as follows:
20232024202520262027ThereafterTotal
(in millions)
Recourse:
Corporate$— $400.0 $— $— $225.0 $— $625.0 
Non-recourse – leasing (Note 6):
2009 secured railcar equipment notes14.0 14.5 19.8 18.5 17.5 31.5 115.8 
2010 secured railcar equipment notes34.3 18.4 20.6 25.7 28.5 76.6 204.1 
2017 promissory notes
44.4 44.4 632.8 — — — 721.6 
2018 secured railcar equipment notes
20.5 19.0 14.8 14.5 18.2 312.0 399.0 
2019 secured railcar equipment notes
34.9 36.6 35.2 679.5 — — 786.2 
2020 secured railcar equipment notes18.3 14.3 11.3 14.1 272.4 — 330.4 
2021 secured railcar equipment notes12.2 13.3 12.6 14.0 14.0 241.6 307.7 
2022 secured railcar equipment notes8.3 9.0 6.7 8.1 8.3 200.7 241.1 
TILC warehouse facility
24.3 24.3 6.1 — — — 54.7 
Facility termination payments – TILC warehouse facility
— — 667.1 — — — 667.1 
TRP-2021 secured railcar equipment notes 10.9 15.6 15.8 17.2 287.5 — 347.0 
Triumph Rail secured railcar equipment notes 16.2 32.6 29.5 23.6 421.3 — 523.2 
Tribute Rail secured railcar equipment notes3.8 13.9 15.1 289.9 — — 322.7 
Total principal payments$242.1 $655.9 $1,487.4 $1,105.1 $1,292.7 $862.4 $5,645.6