Financial Data of Business Segments (Tables)

3 Months Ended

Mar. 31, 2016

Segment Reporting [Abstract]

Segment data

The following tables show certain segment data for each of our business segments (in millions):

	Rail North America			Rail International			ASC			Portfolio Management			Other		GATX Consolidated
Three Months Ended March 31, 2016
Profitability
Revenues
Lease revenue	$	236.6		$	44.9		$	1.0		$	2.0		$	—	$	284.5
Marine operating revenue	—			—			4.1			16.2			—		20.3
Other revenue	27.8			1.6			—			0.2			—		29.6
Total Revenues	264.4			46.5			5.1			18.4			—		334.4
Expenses
Maintenance expense	65.8			12.5			0.2			—			—		78.5
Marine operating expense	—			—			2.9			9.4			—		12.3
Depreciation expense	56.5			11.1			—			1.7			—		69.3
Operating lease expense	16.8			—			—			—			—		16.8
Other operating expense	6.9			1.4			—			0.5			—		8.8
Total Expenses	146.0			25.0			3.1			11.6			—		185.7
Other Income (Expense)
Net gain on asset dispositions	18.6			0.7			—			3.9			—		23.2
Interest (expense) income, net	(27.2		)	(7.3		)	(1.1		)	(2.2		)	0.6		(37.2		)
Other (expense) income	(1.3		)	(2.2		)	—			—			0.2		(3.3		)
Share of affiliates' earnings (pretax)	0.2			(0.1		)	—			10.1			—		10.2
Segment Profit	$	108.7		$	12.6		$	0.9		$	18.6		$	0.8	141.6
Selling, general and administrative expense															38.8
Income taxes (including $2.7 related to affiliates' earnings)															33.5
Net Income															$	69.3
Net Gain on Asset Dispositions
Asset Remarketing Income:
Disposition gains on owned assets	$	17.6		$	—		$	—		$	2.4		$	—	$	20.0
Residual sharing income	0.3			—			—			1.5			—		1.8
Non-remarketing disposition gains (1)	0.7			0.7			—			—			—		1.4
Asset impairment	—			—			—			—			—		—
	$	18.6		$	0.7		$	—		$	3.9		$	—	$	23.2
Capital Expenditures
Portfolio investments and capital additions	$	112.9		$	22.0		$	4.7		$	—		$	0.6	$	140.2
Selected Balance Sheet Data at March 31, 2016
Investments in affiliated companies	$	10.9		$	1.4		$	—		$	344.0		$	—	$	356.3
Identifiable assets	$	4,756.5		$	1,194.2		$	278.6		$	605.8		$	226.9	$	7,062.0

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(1) Includes scrapping gains.

	Rail North America			Rail International			ASC			Portfolio Management			Other			GATX Consolidated
Three Months Ended March 31, 2015
Profitability
Revenues
Lease revenue	$	228.5		$	42.1		$	1.0		$	6.7		$	—		$	278.3
Marine operating revenue	—			—			7.0			17.2			—			24.2
Other revenue	14.7			1.9			—			0.6			—			17.2
Total Revenues	243.2			44.0			8.0			24.5			—			319.7
Expenses
Maintenance expense	69.2			8.9			0.2			—			—			78.3
Marine operating expense	—			—			6.9			12.0			—			18.9
Depreciation expense	52.3			10.7			—			5.5			—			68.5
Operating lease expense	20.7			—			—			—			—			20.7
Other operating expense	5.5			0.9			—			0.9			—			7.3
Total Expenses	147.7			20.5			7.1			18.4			—			193.7
Other Income (Expense)
Net gain (loss) on asset dispositions	36.8			4.9			—			3.6			—			45.3
Interest expense, net	(24.5		)	(6.5		)	(1.3		)	(5.2		)	(3.4		)	(40.9		)
Other expense	(2.2		)	—			—			—			(1.8		)	(4.0		)
Share of affiliates' earnings (pretax)	0.2			(0.1		)	—			11.4			—			11.5
Segment Profit (Loss)	$	105.8		$	21.8		$	(0.4	)	$	15.9		$	(5.2	)	137.9
Selling, general and administrative expense																45.7
Income taxes (including $3.0 related to affiliates' earnings)																30.0
Net Income																$	62.2
Net Gain (Loss) on Asset Dispositions
Asset Remarketing Income:
Disposition gains on owned assets	$	35.9		$	—		$	—		$	2.0		$	—		$	37.9
Residual sharing income	0.2			—			—			1.6			—			1.8
Non-remarketing disposition gains (1)	0.7			5.0			—			—			—			5.7
Asset impairment	—			(0.1		)	—			—			—			(0.1		)
	$	36.8		$	4.9		$	—		$	3.6		$	—		$	45.3
Capital Expenditures
Portfolio investments and capital additions	$	129.8		$	41.4		$	9.3		$	—		$	0.4		$	180.9
Selected Balance Sheet Data at December 31, 2015
Investments in affiliated companies	$	12.0		$	1.4		$	—		$	335.1		$	—		$	348.5
Identifiable assets	$	4,629.1		$	1,117.6		$	284.7		$	636.5		$	226.3		$	6,894.2

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(1) Includes scrapping gains.