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Financial Data of Business Segments (Tables)
12 Months Ended
Dec. 31, 2013
Segment Reporting [Abstract]  
Segment data
The following tables show certain segment data for the years ended December 31, 2013, 2012, and 2011 (in millions):



Rail North America
 

Rail International
 

ASC
 

Portfolio Management
 
Other
 
GATX Consolidated
2013 Profitability
 
 
 
 
 
 
 
 
 
 
 
Revenues
 
 
 
 
 
 
 
 
 
 
 
Lease revenue
$
758.9

 
$
180.2

 
$
4.2

 
$
31.9

 
$

 
$
975.2

Marine operating revenue



 
223.5

 
51.6

 

 
275.1

Other revenue
58.2

 
8.8

 

 
3.7

 

 
70.7

Total Revenues   
817.1

 
189.0

 
227.7

 
87.2

 

 
1,321.0

Expenses
 
 
 
 
 
 
 
 
 
 
 
Maintenance expense
228.2

 
42.9

 
22.9

 

 

 
294.0

Marine operating expense

 

 
151.3

 
38.5

 

 
189.8

Depreciation expense
176.7

 
43.2

 
12.1

 
23.0

 

 
255.0

Operating lease expense
124.4

 

 
5.2

 

 
(0.2
)
 
129.4

Other operating expense
18.4

 
5.3

 

 
2.4

 

 
26.1

Total Expenses
547.7

 
91.4

 
191.5

 
63.9

 
(0.2
)
 
894.3

Other Income (Expense)
 
 
 
 
 
 
 
 
 
 
 
Net gain on asset dispositions
67.7

 
3.7

 
(1.3
)
 
15.5

 

 
85.6

Interest expense, net
(106.0
)
 
(23.9
)
 
(6.2
)
 
(26.7
)
 
(3.8
)
 
(166.6
)
Other (expense) income
(9.8
)
 
(1.1
)
 
0.2

 
1.4

 
0.9

 
(8.4
)
Share of affiliates' earnings (pretax)
10.3

 
21.1

 

 
60.9

 

 
92.3

Segment profit (loss)   
$
231.6

 
$
97.4

 
$
28.9

 
$
74.4

 
$
(2.7
)
 
429.6

Selling, general and administrative expense
178.3

Income taxes (including $16.5 related to affiliates' earnings)
82.0

Net income
$
169.3

 
 
 
 
 
 
 
 
 
 
 
 
Selected Balance Sheet Data
 
 
 
 
 
 
 
 
 
 
 
Investments in affiliated companies
$
31.4

 
$
2.0

 
$

 
$
320.9

 
$

 
$
354.3

Identifiable assets
$
3,710.5

 
$
1,297.1

 
$
271.0

 
$
856.9

 
$
414.1

 
$
6,549.6

Capital Expenditures
 
 
 
 
 
 
 
 
 
 
 
Portfolio investments and capital additions
$
502.4

 
$
168.5

 
$
11.2

 
$
170.5

 
$
7.0

 
$
859.6






Rail North America
 

Rail International
 

ASC
 

Portfolio Management
 
Other
 
GATX Consolidated
2012 Profitability
 
 
 
 
 
 
 
 
 
 
 
Revenues
 
 
 
 
 
 
 
 
 
 
 
Lease revenue
$
713.9

 
$
161.2

 
$
4.3

 
$
37.6

 
$

 
$
917.0

Marine operating revenue

 

 
239.1

 
26.4

 

 
265.5

Other revenue
51.4

 
6.5

 

 
2.8

 

 
60.7

Total Revenues   
765.3

 
167.7

 
243.4

 
66.8

 

 
1,243.2

Expenses
 
 
 
 
 
 
 
 
 
 
 
Maintenance expense
201.4

 
46.6

 
21.7

 

 

 
269.7

Marine operating expense

 

 
160.3

 
22.1

 

 
182.4

Depreciation expense
167.7

 
36.1

 
11.9

 
21.7

 

 
237.4

Operating lease expense
126.5

 

 
3.8

 
0.2

 
(0.3
)
 
130.2

Other operating expense
18.5

 
5.1

 
(0.3
)
 
0.9

 

 
24.2

Total Expenses
514.1

 
87.8

 
197.4

 
44.9

 
(0.3
)
 
843.9

Other Income (Expense)
 
 
 
 
 
 
 
 
 
 
 
Net gain on asset dispositions
58.6

 
1.7

 

 
19.2

 

 
79.5

Interest expense, net
(101.9
)
 
(24.5
)
 
(7.1
)
 
(27.7
)
 
(5.4
)
 
(166.6
)
Other (expense) income
(5.1
)
 
(6.1
)
 
(1.4
)
 
3.4

 
1.0

 
(8.2
)
Share of affiliates' earnings (pretax)
6.5

 
(18.3
)
 

 
33.4

 

 
21.6

Segment profit (loss)
$
209.3

 
$
32.7

 
$
37.5

 
$
50.2

 
$
(4.1
)
 
325.6

Selling, general and administrative expense
160.2

Income taxes (including $2.0 related to affiliates' earnings)
28.1

Net income
$
137.3

 
 
 
 
 
 
 
 
 
 
 
 
Selected Balance Sheet Data
 
 
 
 
 
 
 
 
 
 
 
Investments in affiliated companies
$
46.9

 
$
77.2

 
$

 
$
377.9

 
$

 
$
502.0

Identifiable assets
$
3,601.1

 
$
1,105.8

 
$
284.2

 
$
797.4

 
$
266.9

 
$
6,055.4

Capital Expenditures
 
 
 
 
 
 
 
 
 
 
 
Portfolio investments and capital additions
$
465.9

 
$
200.1

 
$
12.6

 
$
83.5

 
$
7.9

 
$
770.0







Rail North America
 

Rail International
 

ASC
 

Portfolio Management
 
Other
 
GATX Consolidated
2011 Profitability
 
 
 
 
 
 
 
 
 
 
 
Revenues
 
 
 
 
 
 
 
 
 
 
 
Lease revenue
$
690.9

 
$
160.5

 
$
4.2

 
$
44.5

 
$

 
$
900.1

Marine operating revenue

 

 
212.2

 
17.8

 

 
230.0

Other revenue
51.5

 
7.8

 

 
2.0

 

 
61.3

Total Revenues
742.4

 
168.3

 
216.4

 
64.3

 

 
1,191.4

Expenses
 
 
 
 
 
 
 
 
 
 
 
Maintenance expense
206.1

 
52.1

 
19.4

 

 

 
277.6

Marine operating expense

 

 
151.7

 
13.9

 

 
165.6

Depreciation expense
162.5

 
33.6

 
11.3

 
19.1

 

 
226.5

Operating lease expense
130.9

 

 

 
1.4

 
(0.3
)
 
132.0

Other operating expense
18.8

 
4.2

 

 
4.3

 
0.5

 
27.8

Total Expenses
518.3

 
89.9

 
182.4

 
38.7

 
0.2

 
829.5

Other Income (Expense)
 
 
 
 
 
 
 
 
 
 
 
Net gain on asset dispositions
52.1

 

 
1.1

 
12.6

 

 
65.8

Interest expense, net
(101.7
)
 
(25.4
)
 
(7.7
)
 
(29.6
)
 
(4.5
)
 
(168.9
)
Other (expense) income
(5.7
)
 
7.2

 
(0.1
)
 
2.8

 
(0.1
)
 
4.1

Share of affiliates' earnings (pretax)
3.9

 
0.5

 

 
36.2

 

 
40.6

Segment profit (loss)
$
172.7

 
$
60.7

 
$
27.3

 
$
47.6

 
$
(4.8
)
 
303.5

Selling, general and administrative expense
155.3

Income taxes (including $8.2 related to affiliates' earnings)
37.4

Net income
$
110.8

 
 
 
 
 
 
 
 
 
 
 
 
Selected Balance Sheet Data
 
 
 
 
 
 
 
 
 
 
 
Investments in affiliated companies
$
54.0

 
$
88.2

 
$

 
$
371.6

 
$

 
$
513.8

Identifiable assets
$
3,540.2

 
$
903.2

 
$
276.1

 
$
844.0

 
$
294.0

 
$
5,857.5

Capital Expenditures
 
 
 
 
 
 
 
 
 
 
 
Portfolio investments and capital additions
$
280.5

 
$
140.8

 
$
17.4

 
$
172.0

 
$
3.9

 
$
614.6