XML 62 R46.htm IDEA: XBRL DOCUMENT v3.8.0.1
Condensed Consolidating Statements of Comprehensive Income (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Condensed Statements of Comprehensive Income [Line Items]        
Revenues $ 656.6 $ 604.5 $ 1,922.5 $ 1,735.7
Operating expenses 422.8 404.7 1,238.7 1,128.1
Operating income 233.8 199.8 683.8 607.6
Equity in net earnings (losses) of affiliates 2.8 3.5 9.7 10.4
Interest expense (25.2) (25.2) (74.9) (73.2)
Foreign exchange gain (loss) 0.8 (19.8) 61.8 (47.3)
Other income (expense), net (0.3) 0.0 0.7 (0.5)
Income before income taxes 211.9 158.3 681.1 497.0
Income tax expense 82.0 37.3 269.6 147.4
Net income 129.9 121.0 411.5 349.6
Less: Net income attributable to noncontrolling interest 0.6 0.4 1.2 1.1
Net income attributable to Kansas City Southern and subsidiaries 129.3 120.6 410.3 348.5
Other comprehensive income (loss) (0.7) (0.3) (1.7) (1.0)
Comprehensive income attributable to Kansas City Southern and subsidiaries 128.6 120.3 408.6 347.5
Condensed Consolidating Financial Information KCS [Member] | Consolidating Adjustments [Member]        
Condensed Statements of Comprehensive Income [Line Items]        
Revenues (4.4) (4.4) (13.1) (13.4)
Operating expenses (4.4) (4.4) (13.1) (13.4)
Operating income 0.0 0.0 0.0 0.0
Equity in net earnings (losses) of affiliates (132.1) (120.3) (414.6) (339.6)
Interest expense 21.6 33.8 67.8 97.7
Foreign exchange gain (loss) 0.0 0.0 0.0 0.0
Other income (expense), net (21.5) (33.3) (67.8) (96.5)
Income before income taxes (132.0) (119.8) (414.6) (338.4)
Income tax expense 0.0 0.0 0.0 0.0
Net income (132.0) (119.8) (414.6) (338.4)
Less: Net income attributable to noncontrolling interest 0.0 0.0 0.0 0.0
Net income attributable to Kansas City Southern and subsidiaries (132.0) (119.8) (414.6) (338.4)
Other comprehensive income (loss) 0.3 0.4 (1.8) 1.7
Comprehensive income attributable to Kansas City Southern and subsidiaries (131.7) (119.4) (416.4) (336.7)
Condensed Consolidating Financial Information KCS [Member] | Parent [Member]        
Condensed Statements of Comprehensive Income [Line Items]        
Revenues 0.0 0.0 0.0 0.0
Operating expenses 0.8 0.9 4.9 3.7
Operating income (0.8) (0.9) (4.9) (3.7)
Equity in net earnings (losses) of affiliates 130.2 119.1 410.8 336.3
Interest expense (20.3) (21.7) (61.0) (61.1)
Foreign exchange gain (loss) 0.0 0.0 0.0 0.0
Other income (expense), net 20.8 26.3 66.7 79.1
Income before income taxes 129.9 122.8 411.6 350.6
Income tax expense 0.6 2.2 1.3 2.1
Net income 129.3 120.6 410.3 348.5
Less: Net income attributable to noncontrolling interest 0.0 0.0 0.0 0.0
Net income attributable to Kansas City Southern and subsidiaries 129.3 120.6 410.3 348.5
Other comprehensive income (loss) (0.7) (0.3) (1.7) (1.0)
Comprehensive income attributable to Kansas City Southern and subsidiaries 128.6 120.3 408.6 347.5
Condensed Consolidating Financial Information KCS [Member] | Guarantor Subsidiaries [Member]        
Condensed Statements of Comprehensive Income [Line Items]        
Revenues 316.1 289.9 924.4 817.5
Operating expenses 221.6 214.7 661.4 585.1
Operating income 94.5 75.2 263.0 232.4
Equity in net earnings (losses) of affiliates 2.5 1.7 5.3 4.7
Interest expense (17.7) (20.6) (54.6) (63.2)
Foreign exchange gain (loss) 0.0 0.0 0.0 0.0
Other income (expense), net (0.3) (0.1) 0.5 0.0
Income before income taxes 79.0 56.2 214.2 173.9
Income tax expense 26.4 19.9 78.1 65.9
Net income 52.6 36.3 136.1 108.0
Less: Net income attributable to noncontrolling interest 0.6 0.4 1.2 1.1
Net income attributable to Kansas City Southern and subsidiaries 52.0 35.9 134.9 106.9
Other comprehensive income (loss) 0.0 0.0 0.0 0.0
Comprehensive income attributable to Kansas City Southern and subsidiaries 52.0 35.9 134.9 106.9
Condensed Consolidating Financial Information KCS [Member] | Non-Guarantor Subsidiaries [Member]        
Condensed Statements of Comprehensive Income [Line Items]        
Revenues 344.9 319.0 1,011.2 931.6
Operating expenses 204.8 193.5 585.5 552.7
Operating income 140.1 125.5 425.7 378.9
Equity in net earnings (losses) of affiliates 2.2 3.0 8.2 9.0
Interest expense (8.8) (16.7) (27.1) (46.6)
Foreign exchange gain (loss) 0.8 (19.8) 61.8 (47.3)
Other income (expense), net 0.7 7.1 1.3 16.9
Income before income taxes 135.0 99.1 469.9 310.9
Income tax expense 55.0 15.2 190.2 79.4
Net income 80.0 83.9 279.7 231.5
Less: Net income attributable to noncontrolling interest 0.0 0.0 0.0 0.0
Net income attributable to Kansas City Southern and subsidiaries 80.0 83.9 279.7 231.5
Other comprehensive income (loss) (0.3) (0.4) 1.8 (1.7)
Comprehensive income attributable to Kansas City Southern and subsidiaries 79.7 83.5 281.5 229.8
Condensed Consolidating Financial Information KCSR [Member] | Consolidating Adjustments [Member]        
Condensed Statements of Comprehensive Income [Line Items]        
Revenues (8.9) (9.8) (28.1) (28.6)
Operating expenses (8.9) (9.8) (28.1) (28.6)
Operating income 0.0 0.0 0.0 0.0
Equity in net earnings (losses) of affiliates (131.4) (119.5) (412.6) (338.2)
Interest expense 21.6 33.8 67.8 97.7
Foreign exchange gain (loss) 0.0 0.0 0.0 0.0
Other income (expense), net (21.5) (33.3) (67.8) (96.5)
Income before income taxes (131.3) (119.0) (412.6) (337.0)
Income tax expense 0.0 0.0 0.0 0.0
Net income (131.3) (119.0) (412.6) (337.0)
Less: Net income attributable to noncontrolling interest 0.0 0.0 0.0 0.0
Net income attributable to Kansas City Southern and subsidiaries (131.3) (119.0) (412.6) (337.0)
Other comprehensive income (loss) 0.3 0.4 (1.8) 1.7
Comprehensive income attributable to Kansas City Southern and subsidiaries (131.0) (118.6) (414.4) (335.3)
Condensed Consolidating Financial Information KCSR [Member] | Parent [Member]        
Condensed Statements of Comprehensive Income [Line Items]        
Revenues 0.0 0.0 0.0 0.0
Operating expenses 0.8 0.9 4.9 3.7
Operating income (0.8) (0.9) (4.9) (3.7)
Equity in net earnings (losses) of affiliates 130.2 119.1 410.8 336.3
Interest expense (20.3) (21.7) (61.0) (61.1)
Foreign exchange gain (loss) 0.0 0.0 0.0 0.0
Other income (expense), net 20.8 26.3 66.7 79.1
Income before income taxes 129.9 122.8 411.6 350.6
Income tax expense 0.6 2.2 1.3 2.1
Net income 129.3 120.6 410.3 348.5
Less: Net income attributable to noncontrolling interest 0.0 0.0 0.0 0.0
Net income attributable to Kansas City Southern and subsidiaries 129.3 120.6 410.3 348.5
Other comprehensive income (loss) (0.7) (0.3) (1.7) (1.0)
Comprehensive income attributable to Kansas City Southern and subsidiaries 128.6 120.3 408.6 347.5
Condensed Consolidating Financial Information KCSR [Member] | KCSR [Member]        
Condensed Statements of Comprehensive Income [Line Items]        
Revenues 310.7 283.5 906.4 798.8
Operating expenses 216.5 210.1 647.0 571.6
Operating income 94.2 73.4 259.4 227.2
Equity in net earnings (losses) of affiliates (0.3) (0.3) (0.6) 0.0
Interest expense (17.7) (20.6) (54.6) (63.2)
Foreign exchange gain (loss) 0.0 0.0 0.0 0.0
Other income (expense), net (0.3) (0.1) 0.5 0.0
Income before income taxes 75.9 52.4 204.7 164.0
Income tax expense 25.4 18.8 75.2 62.4
Net income 50.5 33.6 129.5 101.6
Less: Net income attributable to noncontrolling interest 0.0 0.0 0.0 0.0
Net income attributable to Kansas City Southern and subsidiaries 50.5 33.6 129.5 101.6
Other comprehensive income (loss) 0.0 0.0 0.0 0.0
Comprehensive income attributable to Kansas City Southern and subsidiaries 50.5 33.6 129.5 101.6
Condensed Consolidating Financial Information KCSR [Member] | Guarantor Subsidiaries [Member]        
Condensed Statements of Comprehensive Income [Line Items]        
Revenues 9.9 11.8 33.0 33.9
Operating expenses 9.6 10.0 29.4 28.7
Operating income 0.3 1.8 3.6 5.2
Equity in net earnings (losses) of affiliates 2.1 1.2 3.9 3.3
Interest expense 0.0 0.0 0.0 0.0
Foreign exchange gain (loss) 0.0 0.0 0.0 0.0
Other income (expense), net 0.0 0.0 0.0 0.0
Income before income taxes 2.4 3.0 7.5 8.5
Income tax expense 1.0 1.1 2.9 3.5
Net income 1.4 1.9 4.6 5.0
Less: Net income attributable to noncontrolling interest 0.6 0.4 1.2 1.1
Net income attributable to Kansas City Southern and subsidiaries 0.8 1.5 3.4 3.9
Other comprehensive income (loss) 0.0 0.0 0.0 0.0
Comprehensive income attributable to Kansas City Southern and subsidiaries 0.8 1.5 3.4 3.9
Condensed Consolidating Financial Information KCSR [Member] | Non-Guarantor Subsidiaries [Member]        
Condensed Statements of Comprehensive Income [Line Items]        
Revenues 344.9 319.0 1,011.2 931.6
Operating expenses 204.8 193.5 585.5 552.7
Operating income 140.1 125.5 425.7 378.9
Equity in net earnings (losses) of affiliates 2.2 3.0 8.2 9.0
Interest expense (8.8) (16.7) (27.1) (46.6)
Foreign exchange gain (loss) 0.8 (19.8) 61.8 (47.3)
Other income (expense), net 0.7 7.1 1.3 16.9
Income before income taxes 135.0 99.1 469.9 310.9
Income tax expense 55.0 15.2 190.2 79.4
Net income 80.0 83.9 279.7 231.5
Less: Net income attributable to noncontrolling interest 0.0 0.0 0.0 0.0
Net income attributable to Kansas City Southern and subsidiaries 80.0 83.9 279.7 231.5
Other comprehensive income (loss) (0.3) (0.4) 1.8 (1.7)
Comprehensive income attributable to Kansas City Southern and subsidiaries $ 79.7 $ 83.5 $ 281.5 $ 229.8