Variable Interest Entities (Tables)

12 Months Ended

Dec. 31, 2012

Variable Interest Entity, Not Primary Beneficiary, Disclosures [Abstract]

Carrying amounts of assets and liabilities of consolidated VIE

The carrying amounts of assets and liabilities of the VIE as of December 31 were (in millions):

	2012		2011
Operating assets, net of accumulated depreciation *	$	98.4	$	104.3
Nonrecourse debt	35.1		45.2

_________

(*) All operating assets are pledged as collateral on the nonrecourse debt.

Carrying amounts and maximum exposure to loss for non consolidated VIEs

The carrying amounts and maximum exposure to loss with respect to VIEs that GATX does not consolidate as of December 31 were (in millions):

	2012				2011
	Net Carrying Amount		Maximum Exposure to Loss		Net Carrying Amount		Maximum Exposure to Loss
Investments in affiliates	$	110.7	$	110.7	$	72.2	$	72.2
Leveraged leases	—		—		78.5		78.5
Other investment	0.7		0.7		0.9		0.9
Total	$	111.4	$	111.4	$	151.6	$	151.6