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Segment Information
 6 Months Ended
Jun. 30, 2021
Segment Reporting [Abstract]  
Segment Information SEGMENT INFORMATION
Wabtec has two reportable segments—the Freight Segment and the Transit Segment. The key factors used to identify these reportable segments are the organization and alignment of the Company’s internal operations, the nature of the products and services and customer type. The Company’s business segments are:
Freight Segment primarily builds new locomotives, manufactures and services components for new and existing freight cars and locomotives, rebuilds freight locomotives, supplies railway electronics, positive train control equipment, signal design and engineering services and provides related heat exchange and cooling systems. Customers include large, publicly traded railroads, leasing companies, manufacturers of original equipment such as locomotives and freight cars and utilities.
Transit Segment primarily manufactures and services components for new and existing passenger transit vehicles, typically regional trains, high speed trains, subway cars, light-rail vehicles and buses, builds new commuter locomotives, refurbishes subway cars, provides heating, ventilation, and air conditioning equipment and doors for buses and subway cars. Customers include public transit authorities and municipalities, leasing companies and manufacturers of subway cars and buses around the world.
The Company evaluates its business segments’ operating results based on income from operations. Intersegment sales are accounted for at prices that are generally established by reference to similar transactions with unaffiliated customers. Corporate activities include general corporate expenses, elimination of intersegment transactions, interest income and expense, and other unallocated charges. Since certain administrative and other operating expenses have not been allocated to business segments, the results in the following tables are not necessarily a measure computed in accordance with generally accepted accounting principles and may not be comparable to other companies.
Segment financial information for the three months ended June 30, 2021 is as follows:
In millionsFreight
Segment		Transit
Segment		Corporate
Activities and
Elimination		Total
Sales to external customers$1,335.9 $676.4 $— $2,012.3 
Intersegment sales/(elimination)11.8 7.0 (18.8)— 
Total sales$1,347.7 $683.4 $(18.8)$2,012.3 
Income (loss) from operations$173.2 $45.3 $(15.2)$203.3 
Interest expense and other, net— — (34.6)(34.6)
Income (loss) before income taxes$173.2 $45.3 $(49.8)$168.7 
Segment financial information for the three months ended June 30, 2020 is as follows:
In millionsFreight
Segment		Transit
Segment		Corporate
Activities and
Elimination		Total
Sales to external customers$1,204.7 $532.7 $— $1,737.4 
Intersegment sales/(elimination)12.9 6.1 (19.0)— 
Total sales$1,217.6 $538.8 $(19.0)$1,737.4 
Income (loss) from operations$141.5 $40.2 $(22.3)$159.4 
Interest expense and other, net— — (45.1)(45.1)
Income (loss) before income taxes$141.5 $40.2 $(67.4)$114.3 
Segment financial information for the six months ended June 30, 2021 is as follows:
In millionsFreight
Segment		Transit
Segment		Corporate
Activities and
Elimination		Total
Sales to external customers$2,519.2 $1,323.3 $0.0 $3,842.5 
Intersegment sales/(elimination)24.2 16.7 (40.9)0.0 
Total sales$2,543.4 $1,340.0 $(40.9)$3,842.5 
Income (loss) from operations$315.0 $115.4 $(35.5)$394.9 
Interest expense and other, net— — (68.0)(68.0)
Income (loss) before income taxes$315.0 $115.4 $(103.5)$326.9 
Segment financial information for the six months ended June 30, 2020 is as follows:
In millionsFreight
Segment		Transit
Segment		Corporate
Activities and
Elimination		Total
Sales to external customers$2,505.7 $1,161.6 $0.0 $3,667.3 
Intersegment sales/(elimination)25.4 15.2 (40.6)0.0 
Total sales$2,531.1 $1,176.8 $(40.6)$3,667.3 
Income (loss) from operations$303.2 $108.8 $(35.3)$376.7 
Interest expense and other, net— — (113.2)(113.2)
Income (loss) before income taxes$303.2 $108.8 $(148.5)$263.5 
Sales to external customers by product line are as follows:
Three Months Ended June 30,Six Months Ended June 30,
In millions2021202020212020
Freight Segment
Equipment$327.8 $334.9 $589.6 $742.9 
Components224.3 195.5 426.8 415.9 
Digital Electronics161.8 165.5 318.3 339.1 
Services622.0 508.8 1,184.5 1,007.8 
Total Freight Segment$1,335.9 $1,204.7 $2,519.2 $2,505.7 
Transit Segment
Original Equipment Manufacturer$320.4 $227.3 $607.2 $514.3 
Aftermarket356.0 305.4 716.1 647.3 
Total Transit Segment$676.4 $532.7 $1,323.3 $1,161.6