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Earnings Per Share - Computation of Earnings Per Share (Details) - USD ($)
$ / shares in Units, shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Numerator        
Numerator for basic and diluted earnings per common share - net income attributable to Wabtec shareholders $ 130.6 $ 128.1 $ 367.8 $ 326.5
Less: dividends declared - common shares and non-vested restricted stock (22.6) (22.8) (68.0) (68.7)
Undistributed earnings $ 108.0 $ 105.3 $ 299.8 $ 257.8
Percentage allocated to common shareholders 99.80% 99.80% 99.80% 99.70%
Undistributed earnings allocated to common shareholders $ 107.8 $ 105.1 $ 299.2 $ 257.0
Add: dividends declared - common shares 22.6 22.8 67.9 68.5
Numerator for basic earnings per common share 130.4 127.9 367.1 325.5
Numerator for diluted earnings per common share $ 130.4 $ 127.9 $ 367.1 $ 325.5
Denominator        
Denominator for basic earnings per common share- weighted average shares (in shares) 187.6 189.8 188.2 190.1
Assumed conversion of dilutive stock-based compensation plans (in shares) 0.4 0.4 0.4 0.5
Denominator for diluted earnings per common share adjusted weighted average shares and assumed conversion (in shares) 188.0 190.2 188.6 190.6
Net income attributable to Wabtec shareholders per common share        
Basic (in dollars per share) $ 0.69 $ 0.67 $ 1.95 $ 1.71
Diluted (in dollars per share) $ 0.69 $ 0.67 $ 1.95 $ 1.71
Basic weighted-average common shares outstanding (in shares) 187.6 189.8 188.2 190.1
Basic weighted-average common shares outstanding and non-vested restricted stock expected to vest (in shares) 188.0 190.3 188.6 190.6
Percentage allocated to common shareholders 99.80% 99.80% 99.80% 99.70%