Segment Information (Tables)

3 Months Ended

Mar. 31, 2023

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment [Table Text Block]

The financial information for these segments is shown in the tables below (in millions). We operate principally in North America.

	Three Months Ended March 31, 2023
	Railcar Leasing and Management Services Group		Rail Products Group		Eliminations – Lease Subsidiary		Eliminations – Other		Consolidated Total
External revenue	$	203.3	$	438.4	$	—	$	—	$	641.7
Intersegment revenue	0.2		199.4		(199.4)		(0.2)		—
Total revenues	$	203.5	$	637.8	$	(199.4)	$	(0.2)	$	641.7

	Three Months Ended March 31, 2022
	Railcar Leasing and Management Services Group		Rail Products Group		Eliminations – Lease Subsidiary		Eliminations – Other		Consolidated Total
External revenue	$	182.9	$	289.8	$	—	$	—	$	472.7
Intersegment revenue	0.2		101.3		(101.3)		(0.2)		—
Total revenues	$	183.1	$	391.1	$	(101.3)	$	(0.2)	$	472.7

Reconciliation of Operating Profit (Loss) from Segments to Consolidated

The reconciliation of segment operating profit to consolidated net income is as follows:

	Three Months Ended March 31,
	2023		2022
	(in millions)
Operating profit (loss):
Railcar Leasing and Management Services Group	$	85.5	$	79.8
Rail Products Group	25.3		0.8
Segment Totals	110.8		80.6
Corporate and other	(26.0)		(15.7)
Restructuring activities, net	0.4		—
Eliminations – Lease Subsidiary	(16.8)		(8.8)
Eliminations – Other	0.6		(1.3)
Consolidated operating profit	69.0		54.8
Other (income) expense	63.7		41.9
Provision (benefit) for income taxes	(11.5)		3.0
Loss from discontinued operations, net of income taxes	(3.1)		(6.9)
Loss on sale of discontinued operations, net of income taxes	—		(1.1)
Net income	$	13.7	$	1.9