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Property, Plant, and Equipment
3 Months Ended
Mar. 31, 2012
Property, Plant, and Equipment [Abstract]  
Property, Plant, and Equipment

Note 7. Property, Plant, and Equipment

The following table summarizes the components of property, plant, and equipment as of March 31, 2012 and December 31, 2011.

 

                 
    March 31,     December 31,  
    2012     2011  
          (as reported)  
    (in millions)  

Manufacturing/Corporate:

               

Land

  $ 41.6     $ 41.6  

Buildings and improvements

    430.2       429.7  

Machinery and other

    746.4       758.7  

Construction in progress

    17.3       12.8  
   

 

 

   

 

 

 
      1,235.5       1,242.8  

Less accumulated depreciation

    (735.1     (732.8
   

 

 

   

 

 

 
      500.4       510.0  
   

 

 

   

 

 

 

Leasing:

               

Wholly-owned subsidiaries:

               

Machinery and other

    9.6       9.6  

Equipment on lease

    3,497.2       3,429.3  
   

 

 

   

 

 

 
      3,506.8       3,438.9  

Less accumulated depreciation

    (398.2     (372.9
   

 

 

   

 

 

 
      3,108.6       3,066.0  
   

 

 

   

 

 

 

TRIP Holdings:

               

Equipment on lease

    1,271.4       1,257.7  

Less accumulated depreciation

    (128.7     (122.7
   

 

 

   

 

 

 
      1,142.7       1,135.0  
   

 

 

   

 

 

 

Net deferred profit on railcars sold to the Leasing Group

               

Sold to wholly-owned subsidiaries

    (348.0     (344.5

Sold to TRIP Holdings

    (186.4     (187.0
   

 

 

   

 

 

 
    $ 4,217.3     $ 4,179.5