XML 63 R47.htm IDEA: XBRL DOCUMENT v3.24.2
Financial Data of Business Segments (Details)
3 Months Ended 6 Months Ended
Jun. 30, 2024
USD ($)
Jun. 30, 2023
USD ($)
Mar. 31, 2023
USD ($)
Jun. 30, 2024
USD ($)
Segment
Jun. 30, 2023
USD ($)
Dec. 31, 2023
USD ($)
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]            
Net Income (Loss) Attributable to Parent $ 44,400,000 $ 63,300,000   $ 118,700,000 $ 140,700,000  
Provision for Income Taxes, Equity Method Investment 4,100,000 6,300,000   8,300,000 13,200,000  
Lease Income 339,600,000 308,600,000   672,900,000 610,600,000  
Marine operating revenue 0 2,000,000.0   0 5,500,000  
Other Operating Income 33,400,000 26,200,000   66,800,000 55,100,000  
Total Revenues 386,700,000 343,200,000   766,600,000 682,100,000  
Marine operating expense 0 2,400,000   0 4,400,000  
Depreciation 98,500,000 92,100,000   194,500,000 181,900,000  
Operating Lease, Expense 9,000,000.0 9,000,000.0   18,000,000.0 18,000,000.0  
Other operating expense 13,800,000 11,000,000.0   27,400,000 22,000,000.0  
Total Expenses 217,900,000 196,800,000   427,900,000 392,500,000  
Gain (Loss) on Disposition of Assets, Net 25,600,000 41,100,000   61,800,000 88,200,000  
Interest expense, net (82,800,000) (63,700,000)   (160,600,000) (122,700,000)  
Other (expense) income (10,800,000) (4,900,000)   (10,000,000.0) (8,900,000)  
Share of affiliates' earnings (pre-tax) 16,700,000 20,300,000   40,600,000 47,900,000  
Segment profit (loss) 117,500,000 139,200,000   270,500,000 294,100,000  
Income tax benefit 10,400,000 17,600,000   29,000,000.0 37,800,000  
Selling, general and administrative 58,600,000 52,000,000.0   114,500,000 102,400,000  
Disposition Gains on Owned Assets 19,800,000 36,900,000   53,500,000 81,600,000  
Nonoperating Income, Residual Sharing Income 100,000 200,000   200,000 400,000  
Nonremarketing Disposition Gain (Loss) 5,700,000 4,000,000.0   8,100,000 7,400,000  
Portfolio Investments and Capital Additions 442,000,000.0 486,600,000   820,600,000 873,600,000  
Identifiable assets 12,222,600,000     12,222,600,000    
Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures (660,800,000)     (660,800,000)   $ (627,000,000.0)
Assets (12,222,600,000)     $ (12,222,600,000)   (11,326,000,000)
Number of business segments | Segment       3    
Asset Impairment Charges       $ 0 1,200,000  
Non-dedicated engine revenue 13,700,000 6,400,000   26,900,000 10,900,000  
Maintenance Expense 96,600,000 82,300,000   188,000,000.0 166,200,000  
Interest Income (Expense), Net (82,800,000) (63,700,000)   (160,600,000) (122,700,000)  
Net gain on asset dispositions 25,600,000 41,100,000   61,800,000 88,200,000  
Rolls Royce            
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]            
Payment for Management Fee 900,000 500,000   1,800,000 1,000,000  
Payment for Management Fee 900,000 500,000   1,800,000 1,000,000  
Parent [Member]            
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]            
Income tax benefit 14,500,000 23,900,000   37,300,000 51,000,000.0  
Rail North America [Member]            
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]            
Lease Income 242,100,000 218,900,000   478,600,000 434,000,000.0  
Marine operating revenue   0     0  
Other Operating Income 28,300,000 21,500,000   56,800,000 45,300,000  
Total Revenues 270,400,000 240,400,000   535,400,000 479,300,000  
Marine operating expense   0     0  
Depreciation 66,800,000 66,100,000   131,900,000 131,600,000  
Operating Lease, Expense 9,000,000.0 9,000,000.0   18,000,000.0 18,000,000.0  
Other operating expense 6,400,000 6,700,000   13,100,000 13,700,000  
Total Expenses 159,600,000 148,600,000   313,300,000 297,000,000.0  
Gain (Loss) on Disposition of Assets, Net 24,900,000 34,100,000   59,100,000 81,900,000  
Other (expense) income (300,000) (2,100,000)   (2,400,000) (2,500,000)  
Share of affiliates' earnings (pre-tax) (200,000) 0   0 (400,000)  
Segment profit (loss) 78,800,000 79,300,000   169,100,000 174,500,000  
Disposition Gains on Owned Assets 19,800,000 30,700,000   52,700,000 75,400,000  
Nonoperating Income, Residual Sharing Income 100,000 100,000   200,000 200,000  
Nonremarketing Disposition Gain (Loss) 5,000,000.0 3,300,000   6,200,000 6,300,000  
Portfolio Investments and Capital Additions 308,100,000 161,300,000   629,800,000 457,800,000  
Identifiable assets 7,427,500,000     7,427,500,000   6,993,800,000
Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures (200,000)     (200,000)   200,000
Asset Impairment Charges         0  
Maintenance Expense 77,400,000 66,800,000   150,300,000 133,700,000  
Interest Income (Expense), Net (56,400,000) (44,500,000)   (109,700,000) (86,800,000)  
Net gain on asset dispositions 24,900,000 34,100,000   59,100,000 81,900,000  
Rail International            
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]            
Lease Income 82,000,000.0 73,100,000   162,600,000 143,500,000  
Marine operating revenue   0     0  
Other Operating Income 3,200,000 3,100,000   6,300,000 6,000,000.0  
Total Revenues 85,200,000 76,200,000   168,900,000 149,500,000  
Marine operating expense   0     0  
Depreciation 19,400,000 16,600,000   38,300,000 32,300,000  
Operating Lease, Expense 0 0   0 0  
Other operating expense 3,600,000 2,300,000   7,100,000 4,500,000  
Total Expenses 41,200,000 33,500,000   81,100,000 67,300,000  
Gain (Loss) on Disposition of Assets, Net 700,000 700,000   2,000,000.0 1,500,000  
Other (expense) income (700,000) (2,600,000)   (300,000) (6,900,000)  
Share of affiliates' earnings (pre-tax) 0 0   0 0  
Segment profit (loss) 26,500,000 27,300,000   55,300,000 50,800,000  
Disposition Gains on Owned Assets 0 100,000   100,000 500,000  
Nonoperating Income, Residual Sharing Income 0 0   0 0  
Nonremarketing Disposition Gain (Loss) 700,000 600,000   1,900,000 1,000,000.0  
Portfolio Investments and Capital Additions 59,600,000 77,300,000   109,500,000 158,400,000  
Identifiable assets 2,237,000,000     2,237,000,000   2,175,200,000
Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures 0     0    
Asset Impairment Charges         0  
Gain (Loss) on Disposition of Business     $ 300,000      
Maintenance Expense 18,200,000 14,600,000   35,700,000 30,500,000  
Interest Income (Expense), Net (17,500,000) (13,500,000)   (34,200,000) (26,000,000.0)  
Net gain on asset dispositions 700,000 700,000   2,000,000.0 1,500,000  
Gain (Loss) on Disposition of Business     $ 300,000      
Other            
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]            
Lease Income 7,400,000 8,500,000   15,500,000 16,700,000  
Marine operating revenue   0     0  
Other Operating Income 1,900,000 1,600,000   3,700,000 3,800,000  
Total Revenues 9,300,000 10,100,000   19,200,000 20,500,000  
Marine operating expense   0   0 0  
Depreciation 3,700,000 3,300,000   7,300,000 6,500,000  
Operating Lease, Expense 0 0     0  
Other operating expense 1,900,000 600,000   2,800,000 1,500,000  
Total Expenses 6,600,000 4,800,000   12,100,000 10,000,000.0  
Gain (Loss) on Disposition of Assets, Net 0 300,000   100,000 300,000  
Other (expense) income (9,700,000) (400,000)   (7,500,000) 800,000  
Share of affiliates' earnings (pre-tax) 0 0   0 0  
Segment profit (loss) (6,200,000) 6,000,000.0   2,000,000.0 13,900,000  
Disposition Gains on Owned Assets 0 200,000   100,000 200,000  
Nonoperating Income, Residual Sharing Income 0 0   0 0  
Nonremarketing Disposition Gain (Loss) 0 100,000   0 100,000  
Portfolio Investments and Capital Additions 3,000,000.0 9,000,000.0   10,000,000.0 18,400,000  
Identifiable assets 1,116,100,000     1,116,100,000   801,900,000
Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures 0     0    
Asset Impairment Charges         0  
Maintenance Expense 1,000,000.0 900,000   2,000,000.0 2,000,000.0  
Interest Income (Expense), Net 800,000 800,000   2,300,000 2,300,000  
Net gain on asset dispositions 0 300,000   100,000 300,000  
Engine Leasing            
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]            
Lease Income 8,100,000 8,100,000   16,200,000 16,400,000  
Marine operating revenue   2,000,000.0     5,500,000  
Other Operating Income 0 0   0 0  
Total Revenues 21,800,000 16,500,000   43,100,000 32,800,000  
Marine operating expense   2,400,000     4,400,000  
Depreciation 8,600,000 6,100,000   17,000,000.0 11,500,000  
Operating Lease, Expense 0 0   0 0  
Other operating expense 1,900,000 1,400,000   4,400,000 2,300,000  
Total Expenses 10,500,000 9,900,000   21,400,000 18,200,000  
Gain (Loss) on Disposition of Assets, Net 0 6,000,000.0   600,000 4,500,000  
Other (expense) income (100,000) 200,000   200,000 (300,000)  
Share of affiliates' earnings (pre-tax) 16,900,000 20,300,000   40,600,000 48,300,000  
Segment profit (loss) 18,400,000 26,600,000   44,100,000 54,900,000  
Disposition Gains on Owned Assets 0 5,900,000   600,000 5,500,000  
Nonoperating Income, Residual Sharing Income 0 100,000   0 200,000  
Nonremarketing Disposition Gain (Loss) 0 0   0 0  
Portfolio Investments and Capital Additions 71,300,000 239,000,000.0   71,300,000 239,000,000.0  
Identifiable assets 1,442,000,000     1,442,000,000   1,355,100,000
Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures (660,600,000)     (660,600,000)   $ 626,800,000
Asset Impairment Charges         1,200,000  
Non-dedicated engine revenue 13,700,000 6,400,000   26,900,000 10,900,000  
Maintenance Expense 0 0   0 0  
Interest Income (Expense), Net (9,700,000) (6,500,000)   (19,000,000.0) (12,200,000)  
Net gain on asset dispositions $ 0 $ 6,000,000.0   $ 600,000 $ 4,500,000