XML 73 R40.htm IDEA: XBRL DOCUMENT v3.19.3
Segment Information (Tables)
9 Months Ended
Sep. 30, 2019
Segment Reporting [Abstract]  
Segment Financial Information
Segment financial information for the three months ended September 30, 2019 is as follows:
In millions
Freight
Segment
 
Transit
Segment
 
Corporate
Activities and
Elimination
 
Total
Sales to external customers
$
1,295.7

 
$
706.0

 
$

 
$
2,001.7

Intersegment sales/(elimination)
14.1

 
11.1

 
(25.2
)
 

Total sales
$
1,309.8

 
$
717.1

 
$
(25.2
)
 
$
2,001.7

Income (loss) from operations
$
148.1

 
$
55.8

 
$
(34.8
)
 
$
169.1

Interest expense and other, net

 

 
(55.8
)
 
(55.8
)
Income (loss) from operations before income taxes
$
148.1

 
$
55.8

 
$
(90.6
)
 
$
113.3

Segment financial information for the three months ended September 30, 2018 is as follows:
In millions
Freight
Segment
 
Transit
Segment
 
Corporate
Activities and
Elimination
 
Total
Sales to external customers
$
391.6

 
$
686.2

 
$

 
$
1,077.8

Intersegment sales/(elimination)
13.5

 
4.8

 
(18.3
)
 

Total sales
$
405.1

 
$
691.0

 
$
(18.3
)
 
$
1,077.8

Income (loss) from operations
$
79.4

 
$
60.7

 
$
(15.0
)
 
$
125.2

Interest expense and other, net

 

 
(22.5
)
 
(22.5
)
Income (loss) from operations before income taxes
$
79.4

 
$
60.7

 
$
(37.5
)
 
$
102.7


Segment financial information for the nine months ended September 30, 2019 is as follows:
In millions
Freight
Segment
 
Transit
Segment
 
Corporate
Activities and
Elimination
 
Total
Sales to external customers
$
3,666.1


$
2,165.5

 
$

 
$
5,831.6

Intersegment sales/(elimination)
44.5

 
24.6

 
(69.1
)
 

Total sales
$
3,710.6

 
$
2,190.1

 
$
(69.1
)
 
$
5,831.6

Income (loss) from operations
$
375.3

 
$
185.9

 
$
(124.2
)
 
$
437.0

Interest expense and other, net

 

 
(164.9
)
 
(164.9
)
Income (loss) from operations before income taxes
$
375.3

 
$
185.9

 
$
(289.1
)
 
$
272.1

Segment financial information for the nine months ended September 30, 2018 is as follows:
In millions
Freight
Segment
 
Transit
Segment
 
Corporate
Activities and
Elimination
 
Total
Sales to external customers
$
1,183.4

 
$
2,062.3

 
$

 
$
3,245.7

Intersegment sales/(elimination)
44.2

 
11.6

 
(55.8
)
 

Total sales
$
1,227.6

 
$
2,073.9

 
$
(55.8
)
 
$
3,245.7

Income (loss) from operations
$
233.4

 
$
186.8

 
$
(40.2
)
 
$
380.0

Interest expense and other, net

 

 
(69.9
)
 
(69.9
)
Income (loss) from operations before income taxes
$
233.4

 
$
186.8

 
$
(110.1
)
 
$
310.1


Sales by Product
Sales by product line are as follows:
 
Three Months Ended
September 30,
In millions
2019
 
2018
Remanufacturing, Overhaul & Build
$
985.2

 
$
134.7

Specialty Products & Electronics
461.9

 
408.8

Transit Products
272.0

 
258.4

Brake Products
239.2

 
222.2

Other
43.4

 
53.7

Total sales
$
2,001.7

 
$
1,077.8

 
Nine Months Ended
September 30,
In millions
2019
 
2018
Remanufacturing, Overhaul & Build
$
2,758.4

 
$
397.6

Specialty Products & Electronics
1,323.3

 
1,229.8

Transit Products
877.6

 
814.8

Brake Products
735.7

 
655.4

Other
136.6

 
148.1

Total sales
$
5,831.6

 
$
3,245.7