Note 14. Earnings Per Common Share Earnings Per Common Share (Tables)

12 Months Ended

Dec. 31, 2022

Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]

Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]

The following table sets forth the computation of basic and diluted net income (loss) attributable to Trinity Industries, Inc.:

	Year Ended December 31,
	2022		2021		2020
	(in millions, except per share amounts)
Income (loss) from continuing operations	$	98.9	$	39.3	$	(250.5)
Less: Net (income) loss attributable to noncontrolling interest	(12.8)		0.2		78.9
Net income (loss) from continuing operations attributable to Trinity Industries, Inc.	86.1		39.5		(171.6)
Income (loss) from discontinued operations, net of income taxes	(20.3)		11.1		24.3
Gain (loss) on sale of discontinued operations, net of income taxes	(5.7)		131.4		—
Net income (loss) from discontinued operations attributable to Trinity Industries, Inc.	(26.0)		142.5		24.3
Net income (loss) attributable to Trinity Industries, Inc.	$	60.1	$	182.0	$	(147.3)
Basic weighted average shares outstanding	81.9		101.5		115.9
Effect of dilutive securities	2.3		2.3		—
Diluted weighted average shares outstanding	84.2		103.8		115.9
Basic earnings per common share:
Income (loss) from continuing operations	$	1.05	$	0.39	$	(1.48)
Income (loss) from discontinued operations	(0.32)		1.40		0.21
Basic net income (loss) attributable to Trinity Industries, Inc.	$	0.73	$	1.79	$	(1.27)
Diluted earnings per common share:
Income (loss) from continuing operations	$	1.02	$	0.38	$	(1.48)
Income (loss) from discontinued operations	(0.31)		1.37		0.21
Diluted net income (loss) attributable to Trinity Industries, Inc.	$	0.71	$	1.75	$	(1.27)
Potentially dilutive securities excluded from EPS calculation:
Antidilutive restricted shares	$	0.1	$	0.1	$	—
Antidilutive stock options	$	—	$	—	$	—