XML 46 R4.htm IDEA: XBRL DOCUMENT v3.19.3
Consolidated Statements of Comprehensive Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Revenues        
Lease revenue $ 271.5 $ 271.9 $ 819.9 $ 816.1
Revenue Recognition, Cargo and Freight, Policy [Policy Text Block] 62.8 60.8 136.8 130.8
Other revenue 26.4 17.0 80.4 57.6
Total Revenues 360.7 349.7 1,037.1 1,004.5
Expenses        
Maintenance expense 84.4 77.5 251.3 240.7
Marine operating expense 39.7 39.4 92.8 89.5
Depreciation 83.6 81.6 247.3 240.1
Operating lease expense 13.7 11.8 41.1 37.5
Other operating expense 7.7 8.5 23.5 26.2
Selling, general and administrative 44.4 46.5 135.6 137.6
Total Expenses 273.5 265.3 791.6 771.6
Other Income (Expense)        
Net gain on asset dispositions 5.1 10.3 46.9 72.5
Interest expense, net (46.3) (42.6) (139.9) (124.7)
Other (expense) income (1.8) (3.8) (5.6) (14.9)
Income before Income Taxes and Share of Affiliates’ Earnings 44.2 48.3 146.9 165.8
Income Taxes (11.9) (13.1) (35.9) (42.8)
Share of Affiliates’ Earnings (net of tax) 12.8 11.8 43.6 39.1
Net Income 45.1 47.0 154.6 162.1
Other Comprehensive Income, net of taxes        
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Gain (Loss) Arising During Period, Net of Tax (33.6) (4.7) (32.4) (40.2)
Other Comprehensive Income (Loss), Unrealized Gain (Loss) on Derivatives Arising During Period, Net of Tax (1.0) 1.6 2.1 2.3
Post-retirement benefit plans 1.4 5.3 5.9 9.1
Other comprehensive income (loss) (33.2) 2.2 (24.4) (28.8)
Comprehensive Income $ 11.9 $ 49.2 $ 130.2 $ 133.3
Share Data        
Basic earnings per share (in dollars per share) $ 1.28 $ 1.25 $ 4.30 $ 4.29
Average number of common shares (in shares) 35.4 37.7 35.9 37.8
Diluted earnings per share (in dollars per share) $ 1.25 $ 1.22 $ 4.22 $ 4.21
Average number of common shares and common share equivalents (in shares) 36.0 38.5 36.6 38.5