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Segment Information (Tables)
3 Months Ended
Mar. 31, 2020
Segment Reporting [Abstract]  
Financial information for segments
 
Three Months Ended March 31,
 
2020
 
2019
 
(in millions)
Operating profit:
 
 
 
Railcar Leasing and Management Services Group
$
92.9

 
$
85.8

Rail Products Group
25.1

 
47.1

All Other
9.3

 
10.1

Segment Totals before Eliminations, Corporate Expenses, and Restructuring activities
127.3

 
143.0

Corporate
(28.1
)
 
(23.6
)
Restructuring activities, net
(5.5
)
 

Eliminations – Lease Subsidiary
(19.9
)
 
(27.2
)
Eliminations – Other
(0.8
)
 
(0.4
)
Consolidated operating profit
$
73.0

 
$
91.8

Other (income) expense
58.1

 
51.7

Provision (benefit) for income taxes
(147.6
)
 
8.9

Loss from discontinued operations, net of income taxes
(0.2
)
 
(1.1
)
Net income
$
162.3

 
$
30.1