Derivative Instruments (Tables)

3 Months Ended

Mar. 31, 2012

Derivative Instruments [Abstract]

Interest rate hedges

						Included in accompanying balance sheet at March 31, 2012
	Notional Amount		Interest Rate( 1)			Liability		AOCL – loss/ (income)			Noncontrolling Interest
	(in millions, except %)
Interest rate locks:
2005-2006	$	200.0		4.87	%		—	$	(2.2	)		—
2006-2007	$	370.0		5.34	%		—	$	9.7			—
TRIP Holdings	$	788.5		3.60	%		—	$	22.5		$	16.9
Interest rate swaps:
TRIP Rail Master Funding secured railcar equipment notes	$	86.7		2.62	%	$	4.2	$	2.4		$	1.8
2008 debt issuance	$	467.2		4.13	%	$	46.2	$	44.4			—

⁽¹⁾  Weighted average fixed interest rate

Interest rate hedges effect on interest expense

Effect on interest expense – increase/(decrease)
	Three Months Ended March 31,						Expected effect during next twelve months(1)
	2012			2011
	(in millions)
Interest rate locks:
2005-2006	$	(0.1	)	$	(0.1	)	$	(0.3	)
2006-2007	$	0.9		$	0.9		$	3.3
TRIP Holdings	$	1.5		$	7.3		$	6.0
Interest rate swaps:
TRIP Rail Master Funding secured railcar equipment notes	$	0.5		$	—		$	1.9
2008 debt issuance	$	4.2		$	4.5		$	17.4

⁽¹⁾  Based on fair value as of March 31, 2012.

Other Derivatives

	Effect on operating income – increase/(decrease)
	Three Months Ended March 31,
	2012			2011
	(in millions)
Fuel hedges (1)
Effect of mark to market valuation	$	0.1		$	0.5
Settlements		0.1			0.0
	$	0.2		$	0.5
Foreign exchange hedges (2)	$	(0.4	)	$	(0.6	)

⁽¹⁾  Included in cost of revenues in the accompanying consolidated statement of operations.

⁽²⁾  Included in other, net in the accompanying consolidated statement of operations.