Segment Information (Tables)

3 Months Ended

Mar. 31, 2024

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment [Table Text Block]

The financial information for these segments is shown in the tables below (in millions). We operate principally in North America.

	Three Months Ended March 31, 2024
	Railcar Leasing and Services Group		Rail Products Group		Eliminations		Consolidated Total
External revenue	$	284.3	$	525.3	$	—	$	809.6
Intersegment revenue	0.9		142.1		(143.0)		—
Total revenues	$	285.2	$	667.4	$	(143.0)	$	809.6

	Three Months Ended March 31, 2023
	Railcar Leasing and Services Group		Rail Products Group		Eliminations		Consolidated Total
External revenue	$	232.7	$	409.0	$	—	$	641.7
Intersegment revenue	0.2		178.6		(178.8)		—
Total revenues	$	232.9	$	587.6	$	(178.8)	$	641.7

Reconciliation of Operating Profit (Loss) from Segments to Consolidated

The reconciliation of segment operating profit to consolidated net income is as follows:

	Three Months Ended March 31,
	2024		2023
	(in millions)
Operating profit:
Railcar Leasing and Services Group	$	100.3	$	84.6
Rail Products Group	43.8		24.1
Segment Totals	144.1		108.7
Corporate and other	(26.5)		(26.0)
Restructuring activities, net	—		0.4
Eliminations	(2.4)		(14.1)
Consolidated operating profit	115.2		69.0
Other (income) expense	72.5		63.7
Provision (benefit) for income taxes	11.0		(11.5)
Loss from discontinued operations, net of income taxes	(4.3)		(3.1)
Net income	$	27.4	$	13.7