Debt (Tables)

6 Months Ended

Jun. 30, 2011

Debt (Tables) [Abstract]

Components of debt

	June 30,			December 31,
	2011			2010
				(as reported)
	(in millions)
Manufacturing/Corporate — Recourse:
Revolving credit facility	$	—		$	—
Convertible subordinated notes		450.0			450.0
Less: unamortized discount		(105.6	)		(111.1	)
		344.4			338.9
Other		4.9			2.8
		349.3			341.7
Leasing — Recourse:
Capital lease obligations		49.9			51.2
Term loan		56.1			57.4
		455.3			450.3
Leasing — Non-recourse:
2006 secured railcar equipment notes		275.5			283.2
Promissory notes		478.2			493.8
2009 secured railcar equipment notes		223.6			229.2
2010 secured railcar equipment notes		360.7			367.1
TILC warehouse facility		130.0			80.2
TRIP warehouse loan		963.3			1,003.9
		2,431.3			2,457.4
Total debt	$	2,886.6		$	2,907.7

Total interest expenses recognized on the convertible subordinated notes

	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2011		2010		2011		2010
			(in millions)
Coupon rate interest	$	4.3	$	4.3	$	8.7	$	8.7
Amortized debt discount		2.8		2.6		5.5		5.1
	$	7.1	$	6.9	$	14.2	$	13.8

Remaining principal payments under existing debt agreements

	Remaining
	six months
	of 2011		2012		2013		2014		2015		Thereafter
					(in millions)
Recourse:
Manufacturing/Corporate	$	0.6	$	1.2	$	1.2	$	1.2	$	0.2	$	450.5
Leasing — capital lease obligations (Note 5).		1.3		2.8		2.9		3.1		3.3		36.5
Leasing — term loan (Note 5)		1.3		2.8		3.1		3.3		3.5		42.1
Non-recourse — leasing (Note 5):
2006 secured railcar equipment notes		6.5		13.5		15.1		16.9		18.6		204.9
Promissory notes		13.1		27.3		29.3		26.2		22.5		359.8
2009 secured railcar equipment notes		5.1		9.2		10.2		9.9		9.6		179.6
2010 secured railcar equipment notes		6.4		12.8		14.6		14.0		15.3		297.6
TILC warehouse facility		2.0		4.0		4.0		2.7		—		—
TRIP Holdings senior secured notes		—		—		—		175.0		—		—
TRIP Master Funding secured railcar equipment notes		17.0		41.0		41.1		40.2		35.9		681.8
Facility termination payments:
TILC warehouse facility		—		—		38.9		78.4		—		—
Total principal payments	$	53.3	$	114.6	$	160.4	$	370.9	$	108.9	$	2,252.8