Derivative Instruments (Tables)

6 Months Ended

Jun. 30, 2012

Derivative Instruments [Abstract]

Interest rate hedges

Interest rate hedges

						Included in accompanying balance sheet at June 30, 2012
	Notional Amount		Interest Rate( 1)			Liability		AOCL – loss/ (income)			Noncontrolling Interest
	(in millions, except %)
Interest rate locks:
2005-2006	$	200.0		4.87	%	$	—	$	(2.1	)	$	—
2006-2007	$	370.0		5.34	%	$	—	$	8.9		$	—
TRIP Holdings	$	788.5		3.60	%	$	—	$	21.7		$	16.3
Interest rate swaps:
TRIP Master Funding secured railcar equipment notes	$	83.8		2.62	%	$	5.4	$	3.0		$	2.3
2008 debt issuance	$	459.5		4.13	%	$	44.3	$	42.9		$	—

⁽¹⁾  Weighted average fixed interest rate

Interest rate hedges effect on interest expense

	Effect on interest expense – increase/(decrease)
	Three Months Ended June 30,						Six Months Ended June 30,						Expected effect during next twelve months(1)
	2012			2011			2012			2011
	(in millions)
Interest rate locks:
2005-2006	$	(0.1	)	$	(0.1	)	$	(0.2	)	$	(0.2	)	$	(0.3	)
2006-2007	$	0.8		$	0.9		$	1.7		$	1.8		$	3.3
TRIP Holdings	$	1.5		$	—		$	3.0		$	—		$	5.9
Interest rate swaps:
TRIP warehouse	$	—		$	6.8		$	—		$	14.1		$	—
TRIP Master Funding secured railcar equipment notes	$	0.5		$	—		$	1.0		$	—		$	1.7
2008 debt issuance	$	4.2		$	5.2		$	8.4		$	9.7		$	16.9

⁽¹⁾  Based on fair value as of June 30, 2012

Other Derivatives

Other Derivatives

	Effect on operating income – increase/(decrease)
	Three Months Ended June 30,						Six Months Ended June 30,
	2012			2011			2012			2011
	(in millions)
Fuel hedges (1)
Effect of mark to market valuation	$	(0.1	)	$	(0.3	)	$	0.0		$	0.2
Settlements		(0.1	)		0.1			0.0			0.1
	$	(0.2	)	$	(0.2	)	$	0.0		$	0.3
Foreign exchange hedges (2)	$	0.0		$	—		$	(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