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Consolidated Statements of Operations (unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Revenues [Abstract]        
Revenues $ 821.3 $ 496.6 $ 2,185.4 $ 1,386.1
Cost of revenues:        
Cost of revenues: 679.5 395.3 1,819.2 1,119.4
Selling, engineering, and administrative expenses:        
Selling, engineering, and administrative expenses: 49.1 48.0 153.3 137.7
Gains on dispositions of property:        
Lease portfolio sales 3.1 34.3 46.4 73.0
Other 4.4 5.1 6.8 19.5
Gains on dispositions of property: 7.5 39.4 53.2 92.5
Restructuring activities, net 0.0 0.0 (2.2) 1.0
Total operating profit 100.2 92.7 268.3 220.5
Other (income) expense:        
Interest expense, net 68.8 55.0 197.8 148.2
Loss on extinguishment of debt 0.0 0.0 0.0 1.5
Other Nonoperating Income (0.9) (0.6) 2.0 (2.7)
Other (income) expense: 67.9 54.4 199.8 147.0
Income from continuing operations before income taxes 32.3 38.3 68.5 73.5
Current Income Tax Expense (Benefit) 22.2 (2.6) 26.2 1.2
Provision (benefit) for deferred income taxes (16.2) 11.2 (24.3) 16.2
Provision (benefit) for income taxes 6.0 8.6 1.9 17.4
Income from continuing operations 26.3 29.7 66.6 56.1
Loss from discontinued operations, net of benefit for income taxes of $0.7, $1.0, $2.2 and $3.5 (2.7) (3.4) (8.1) (13.7)
Loss on sale of discontinued operations, net of benefit for income taxes of $—, $—, $— and $1.4 0.0 0.0 0.0 (5.7)
Net income 23.6 26.3 58.5 36.7
Net income attributable to noncontrolling interest 1.8 0.5 15.3 7.9
Net income attributable to Trinity Industries, Inc. $ 21.8 $ 25.8 $ 43.2 $ 28.8
Earnings Per Share [Abstract]        
Income (Loss) from Continuing Operations, Per Basic Share $ 0.30 $ 0.36 $ 0.63 $ 0.59
Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Basic Share (0.03) (0.04) (0.10) (0.24)
Basic net income attributable to Trinity Industries, Inc. 0.27 0.32 0.53 0.35
Income (Loss) from Continuing Operations, Per Diluted Share 0.29 0.35 0.62 0.57
Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Diluted Share (0.03) (0.04) (0.10) (0.23)
Diluted net income attributable to Trinity Industries, Inc. $ 0.26 $ 0.31 $ 0.52 $ 0.34
Weighted average number of shares outstanding:        
Weighted Average Number of Shares Outstanding, Basic 81.6 81.7 81.2 82.3
Weighted Average Number of Shares Outstanding, Diluted 83.5 83.3 83.5 84.4
Manufacturing        
Revenues [Abstract]        
Revenues $ 599.0 $ 302.0 $ 1,536.8 $ 813.5
Cost of revenues:        
Cost of revenues: 557.3 288.0 1,459.2 804.4
Selling, engineering, and administrative expenses:        
Selling, engineering, and administrative expenses: 8.4 8.7 25.3 25.4
Leasing        
Revenues [Abstract]        
Revenues 222.3 194.6 648.6 572.6
Cost of revenues:        
Cost of revenues: 122.2 107.3 360.0 315.0
Selling, engineering, and administrative expenses:        
Selling, engineering, and administrative expenses: 15.5 14.2 45.2 39.6
Other        
Selling, engineering, and administrative expenses:        
Selling, engineering, and administrative expenses: $ 25.2 $ 25.1 $ 82.8 $ 72.7