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Financial Statements for Guarantors of the Senior Notes (Details 2) (USD $)
In Millions, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Operating activities:        
Net income $ 156.9 $ 106.1 $ 563.0 $ 273.1
Equity in earnings of subsidiaries, net of taxes 0 0 0 0
Other     (231.2) 95.4
Net cash provided (required) by operating activities - continuing operations     331.8 368.5
Net cash provided by operating activities - discontinued operations     0.8 6.2
Net cash provided (required) by operating activities     332.6 374.7
Investing activities:        
(Increase) decrease in short-term marketable securities     149.7 (96.0)
Net change in TRIP Holdings Senior Secured Notes       0
Proceeds from railcar lease fleet sales     257.4 59.3
Proceeds from disposition of property, plant, equipment, and other assets     21.9 1.1
Capital expenditures – leasing     (170.4) (455.5)
Capital expenditures – manufacturing and other     (170.0) (91.2)
Acquisitions, net of cash acquired (593.0) 0 (711.8) (37.2)
(Increase) decrease in investment in partially-owned subsidiaries     0 0
Other     2.0 (9.4)
Net cash provided (required) by investing activities - continuing operations     (621.2) (628.9)
Net cash provided by investing activities - discontinued operations     0 0.4
Net cash provided (required) by investing activities     (621.2) (628.5)
Financing activities:        
Proceeds from issuance of common stock, net     0.6 2.1
Excess tax benefits from stock-based compensation     24.2 8.1
Payments to retire debt     (140.2) (227.5)
Proceeds from issuance of debt     727.4 175.4
(Increase) decrease in restricted cash     (2.2) (26.1)
Shares repurchased     (36.5) (71.1)
Dividends paid to common shareholders     (38.7) (27.5)
Purchase of shares to satisfy employee tax on vested stock     (38.5) (9.1)
Proceeds from sale of interests in partially-owned leasing subsidiaries     0 296.7
Repurchase of noncontrolling interests in partially-owned leasing subsidiary     0 (84.0)
Contributions from noncontrolling interest     49.6 50.0
Distributions to noncontrolling interest     (19.3) (3.3)
Distributions to controlling interest in partially-owned subsidiaries       0
Contributions from controlling interest in partially-owned subsidiaries     0  
Other     (1.3) 0.7
Net cash provided (required) by financing activities - continuing operations     525.1 84.4
Net cash required by financing activities - discontinued operations     (1.3) (1.0)
Net cash provided (required) by financing activities     523.8 83.4
Net increase (decrease) in cash and cash equivalents     235.2 (170.4)
Cash and cash equivalents at beginning of period     428.5 573.0
Cash and cash equivalents at end of period 663.7 [1] 402.6 663.7 [1] 402.6
Parent
       
Operating activities:        
Net income 156.9 106.1 563.0 273.1
Equity in earnings of subsidiaries, net of taxes (212.6) (126.6) (622.4) (295.8)
Other     (159.3) (41.2)
Net cash provided (required) by operating activities - continuing operations     (218.7) (63.9)
Net cash provided by operating activities - discontinued operations     0 0
Net cash provided (required) by operating activities     (218.7) (63.9)
Investing activities:        
(Increase) decrease in short-term marketable securities     149.7 (96.0)
Net change in TRIP Holdings Senior Secured Notes       108.8
Proceeds from railcar lease fleet sales     0 0
Proceeds from disposition of property, plant, equipment, and other assets     0.4 0
Capital expenditures – leasing     0 0
Capital expenditures – manufacturing and other     (7.8) (9.8)
Acquisitions, net of cash acquired     0 0
(Increase) decrease in investment in partially-owned subsidiaries     0 0
Other     0 0
Net cash provided (required) by investing activities - continuing operations     142.3 3.0
Net cash provided by investing activities - discontinued operations     0 0
Net cash provided (required) by investing activities     142.3 3.0
Financing activities:        
Proceeds from issuance of common stock, net     0.6 2.1
Excess tax benefits from stock-based compensation     24.2 8.1
Payments to retire debt     (0.5) 0
Proceeds from issuance of debt     395.4 0
(Increase) decrease in restricted cash     0 0
Shares repurchased     (36.5) (71.1)
Dividends paid to common shareholders     (38.7) (27.5)
Purchase of shares to satisfy employee tax on vested stock     (38.5) (9.1)
Proceeds from sale of interests in partially-owned leasing subsidiaries       0
Repurchase of noncontrolling interests in partially-owned leasing subsidiary       0
Contributions from noncontrolling interest     0 0
Distributions to noncontrolling interest     0 0
Distributions to controlling interest in partially-owned subsidiaries       0
Contributions from controlling interest in partially-owned subsidiaries     0  
Other     0 0
Net cash provided (required) by financing activities - continuing operations     306.0 (97.5)
Net cash required by financing activities - discontinued operations     0 0
Net cash provided (required) by financing activities     306.0 (97.5)
Net increase (decrease) in cash and cash equivalents     229.6 (158.4)
Cash and cash equivalents at beginning of period     409.8 506.2
Cash and cash equivalents at end of period 639.4 347.8 639.4 347.8
Combined Guarantor Subsidiaries
       
Operating activities:        
Net income 199.5 153.6 593.8 320.1
Equity in earnings of subsidiaries, net of taxes (39.5) (50.9) (165.9) (103.4)
Other     (752.1) 45.2
Net cash provided (required) by operating activities - continuing operations     (324.2) 261.9
Net cash provided by operating activities - discontinued operations     0.8 12.5
Net cash provided (required) by operating activities     (323.4) 274.4
Investing activities:        
(Increase) decrease in short-term marketable securities     0 0
Net change in TRIP Holdings Senior Secured Notes       0
Proceeds from railcar lease fleet sales     549.1 258.5
Proceeds from disposition of property, plant, equipment, and other assets     0 0.1
Capital expenditures – leasing     (164.4) (434.2)
Capital expenditures – manufacturing and other     (48.7) (36.5)
Acquisitions, net of cash acquired     0 35.6
(Increase) decrease in investment in partially-owned subsidiaries     (10.2) 42.9
Other     1.5 (7.7)
Net cash provided (required) by investing activities - continuing operations     327.3 (141.3)
Net cash provided by investing activities - discontinued operations     0 0.4
Net cash provided (required) by investing activities     327.3 (140.9)
Financing activities:        
Proceeds from issuance of common stock, net     0 0
Excess tax benefits from stock-based compensation     0 0
Payments to retire debt     (2.3) (51.6)
Proceeds from issuance of debt     0 0
(Increase) decrease in restricted cash     0 0
Shares repurchased     0 0
Dividends paid to common shareholders     0 0
Purchase of shares to satisfy employee tax on vested stock     0 0
Proceeds from sale of interests in partially-owned leasing subsidiaries       0
Repurchase of noncontrolling interests in partially-owned leasing subsidiary       (84.0)
Contributions from noncontrolling interest     0 0
Distributions to noncontrolling interest     0 0
Distributions to controlling interest in partially-owned subsidiaries       0
Contributions from controlling interest in partially-owned subsidiaries     0  
Other     (0.5) (0.1)
Net cash provided (required) by financing activities - continuing operations     (2.8) (135.7)
Net cash required by financing activities - discontinued operations     (1.3) (1.0)
Net cash provided (required) by financing activities     (4.1) (136.7)
Net increase (decrease) in cash and cash equivalents     (0.2) (3.2)
Cash and cash equivalents at beginning of period     2.1 4.4
Cash and cash equivalents at end of period 1.9 1.2 1.9 1.2
Combined Non-Guarantor Subsidiaries
       
Operating activities:        
Net income 52.4 20.9 194.9 76.8
Equity in earnings of subsidiaries, net of taxes 0 0 0 0
Other     679.8 93.7
Net cash provided (required) by operating activities - continuing operations     874.7 170.5
Net cash provided by operating activities - discontinued operations     0 (6.3)
Net cash provided (required) by operating activities     874.7 164.2
Investing activities:        
(Increase) decrease in short-term marketable securities     0 0
Net change in TRIP Holdings Senior Secured Notes       0
Proceeds from railcar lease fleet sales     132.1 34.3
Proceeds from disposition of property, plant, equipment, and other assets     21.5 1.0
Capital expenditures – leasing     (429.8) (254.8)
Capital expenditures – manufacturing and other     (113.5) (44.9)
Acquisitions, net of cash acquired     (711.8) (72.8)
(Increase) decrease in investment in partially-owned subsidiaries     0 0
Other     0.5 (1.7)
Net cash provided (required) by investing activities - continuing operations     (1,101.0) (338.9)
Net cash provided by investing activities - discontinued operations     0 0
Net cash provided (required) by investing activities     (1,101.0) (338.9)
Financing activities:        
Proceeds from issuance of common stock, net     0 0
Excess tax benefits from stock-based compensation     0 0
Payments to retire debt     (137.4) (284.7)
Proceeds from issuance of debt     332.0 175.4
(Increase) decrease in restricted cash     6.8 (8.6)
Shares repurchased     0 0
Dividends paid to common shareholders     0 0
Purchase of shares to satisfy employee tax on vested stock     0 0
Proceeds from sale of interests in partially-owned leasing subsidiaries       296.7
Repurchase of noncontrolling interests in partially-owned leasing subsidiary       0
Contributions from noncontrolling interest     49.6 50.0
Distributions to noncontrolling interest     (19.3) (3.3)
Distributions to controlling interest in partially-owned subsidiaries       (42.9)
Contributions from controlling interest in partially-owned subsidiaries     10.2  
Other     (0.8) 0.8
Net cash provided (required) by financing activities - continuing operations     241.1 183.4
Net cash required by financing activities - discontinued operations     0 0
Net cash provided (required) by financing activities     241.1 183.4
Net increase (decrease) in cash and cash equivalents     14.8 8.7
Cash and cash equivalents at beginning of period     44.0 74.8
Cash and cash equivalents at end of period 58.8 83.5 58.8 83.5
Eliminations
       
Operating activities:        
Net income (251.9) (174.5) (788.7) (396.9)
Equity in earnings of subsidiaries, net of taxes 252.1 177.5 788.3 399.2
Other     0.4 (2.3)
Net cash provided (required) by operating activities - continuing operations     0 0
Net cash provided by operating activities - discontinued operations     0 0
Net cash provided (required) by operating activities     0 0
Investing activities:        
(Increase) decrease in short-term marketable securities     0 0
Net change in TRIP Holdings Senior Secured Notes       (108.8)
Proceeds from railcar lease fleet sales     (423.8) (233.5)
Proceeds from disposition of property, plant, equipment, and other assets     0 0
Capital expenditures – leasing     423.8 233.5
Capital expenditures – manufacturing and other     0 0
Acquisitions, net of cash acquired     0 0
(Increase) decrease in investment in partially-owned subsidiaries     10.2 (42.9)
Other     0 0
Net cash provided (required) by investing activities - continuing operations     10.2 (151.7)
Net cash provided by investing activities - discontinued operations     0 0
Net cash provided (required) by investing activities     10.2 (151.7)
Financing activities:        
Proceeds from issuance of common stock, net     0 0
Excess tax benefits from stock-based compensation     0 0
Payments to retire debt     0 108.8
Proceeds from issuance of debt     0 0
(Increase) decrease in restricted cash     (9.0) (17.5)
Shares repurchased     0 0
Dividends paid to common shareholders     0 0
Purchase of shares to satisfy employee tax on vested stock     0 0
Proceeds from sale of interests in partially-owned leasing subsidiaries       0
Repurchase of noncontrolling interests in partially-owned leasing subsidiary       0
Contributions from noncontrolling interest     0   
Distributions to noncontrolling interest     0   
Distributions to controlling interest in partially-owned subsidiaries       42.9
Contributions from controlling interest in partially-owned subsidiaries     (10.2)  
Other     0 0
Net cash provided (required) by financing activities - continuing operations     (19.2) 134.2
Net cash required by financing activities - discontinued operations     0 0
Net cash provided (required) by financing activities     (19.2) 134.2
Net increase (decrease) in cash and cash equivalents     (9.0) (17.5)
Cash and cash equivalents at beginning of period     (27.4) (12.4)
Cash and cash equivalents at end of period $ (36.4) $ (29.9) $ (36.4) $ (29.9)
[1] (unaudited)