Note 4. Segment Information Segment Information (Tables)

12 Months Ended

Dec. 31, 2023

Segment Reporting Information [Line Items]

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

The financial information for these segments is shown in the tables below (in millions).

	Year Ended December 31, 2023
	Railcar Leasing and Management Services Group		Rail Products Group		Corporate and other		Eliminations – Lease Subsidiary		Eliminations – Other		Consolidated Total
External revenue	$	870.0	$	2,113.3	$	—	$	—	$	—	$	2,983.3
Intersegment revenue	0.9		589.7		—		(589.7)		(0.9)		—
Total revenues	$	870.9	$	2,703.0	$	—	$	(589.7)	$	(0.9)	$	2,983.3
Depreciation & amortization	$	244.6	$	43.7	$	4.9	$	—	$	—	$	293.2
Capital expenditures	$	671.5	$	37.1	$	1.5	$	—	$	—	$	710.1

	Year Ended December 31, 2022
	Railcar Leasing and Management Services Group		Rail Products Group		Corporate and other		Eliminations – Lease Subsidiary		Eliminations – Other		Consolidated Total
External revenue	$	769.8	$	1,207.5	$	—	$	—	$	—	$	1,977.3
Intersegment revenue	0.8		867.2		—		(867.2)		(0.8)		—
Total revenues	$	770.6	$	2,074.7	$	—	$	(867.2)	$	(0.8)	$	1,977.3
Depreciation & amortization	$	236.4	$	34.8	$	5.2	$	—	$	—	$	276.4
Capital expenditures	$	928.8	$	35.7	$	2.3	$	—	$	—	$	966.8

	Year Ended December 31, 2021
	Railcar Leasing and Management Services Group		Rail Products Group		Corporate and other		Eliminations – Lease Subsidiary		Eliminations – Other		Consolidated Total
External revenue	$	734.6	$	781.4	$	—	$	—	$	—	$	1,516.0
Intersegment revenue	0.7		483.4		—		(478.5)		(5.6)		—
Total revenues	$	735.3	$	1,264.8	$	—	$	(478.5)	$	(5.6)	$	1,516.0
Depreciation & amortization	$	226.0	$	33.6	$	6.1	$	—	$	—	$	265.7
Capital expenditures	$	547.2	$	21.3	$	2.3	$	—	$	—	$	570.8

Reconciliation of Operating Profit (Loss) from Segments to Consolidated

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

	Year Ended December 31,
	2023		2022		2021
	(in millions)
Operating profit:
Railcar Leasing and Management Services Group	$	428.5	$	423.3	$	350.9
Rail Products Group	129.4		59.1		4.7
Segment Totals	557.9		482.4		355.6
Corporate and other	(108.3)		(80.8)		(84.1)
Restructuring activities, net	2.2		(1.0)		3.7
Eliminations – Lease Subsidiary	(36.1)		(65.2)		(17.2)
Eliminations – Other	1.3		(1.4)		(1.2)
Consolidated operating profit	417.0		334.0		256.8
Other (income) expense	268.0		207.5		201.6
Provision (benefit) for income taxes	9.0		27.6		15.9
Income (loss) from discontinued operations, net of income taxes	(13.4)		(20.3)		11.1
Gain (loss) on sale of discontinued operations, net of income taxes	—		(5.7)		131.4
Net income	$	126.6	$	72.9	$	181.8

Reconciliation of Assets from Segment to Consolidated [Table Text Block]

Total assets for these segments is shown in the table below.

	December 31, 2023		December 31, 2022
	(in millions)
Railcar Leasing and Management Services Group	$	7,895.7	$	7,779.9
Rail Products Group	1,474.7		1,440.5
Segment Totals	9,370.4		9,220.4
Corporate and other	286.3		267.2
Eliminations – Lease Subsidiary	(750.2)		(763.3)
Total assets	$	8,906.5	$	8,724.3