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Consolidated Statements of Operations (unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Revenues [Abstract]        
Revenues $ 798.8 $ 821.3 $ 2,449.8 $ 2,185.4
Cost of revenues:        
Cost of revenues: 629.3 679.5 1,936.6 1,819.2
Selling, engineering, and administrative expenses:        
Selling, engineering, and administrative expenses: 60.5 49.1 174.1 153.3
Gains on dispositions of property:        
Lease portfolio sales 11.4 3.1 36.2 46.4
Gain (Loss) on Disposition of Other Assets 2.0 4.4 4.2 6.8
Gains on dispositions of property: 13.4 7.5 40.4 53.2
Restructuring activities, net 0.0 0.0 0.0 (2.2)
Total operating profit 122.4 100.2 379.5 268.3
Other (income) expense:        
Interest expense, net 67.4 68.8 206.6 197.8
Other Nonoperating Income (1.4) (0.9) (1.4) 2.0
Other (income) expense: 66.0 67.9 205.2 199.8
Income from continuing operations before income taxes 56.4 32.3 174.3 68.5
Current Income Tax Expense (Benefit) 18.3 22.2 45.2 26.2
Provision (benefit) for deferred income taxes (2.7) (16.2) (1.5) (24.3)
Provision (benefit) for income taxes 15.6 6.0 43.7 1.9
Income from continuing operations 40.8 26.3 130.6 66.6
Loss from discontinued operations, net of benefit for income taxes of $1.7, $0.7, $3.5, and $2.2 (5.3) (2.7) (11.3) (8.1)
Net income 35.5 23.6 119.3 58.5
Net income attributable to noncontrolling interest 4.1 1.8 9.8 15.3
Net income attributable to Trinity Industries, Inc. $ 31.4 $ 21.8 $ 109.5 $ 43.2
Earnings Per Share [Abstract]        
Income (Loss) from Continuing Operations, Per Basic Share $ 0.45 $ 0.30 $ 1.48 $ 0.63
Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Basic Share (0.07) (0.03) (0.14) (0.10)
Basic net income attributable to Trinity Industries, Inc. 0.38 0.27 1.34 0.53
Income (Loss) from Continuing Operations, Per Diluted Share 0.44 0.29 1.44 0.62
Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Diluted Share (0.07) (0.03) (0.13) (0.10)
Diluted net income attributable to Trinity Industries, Inc. $ 0.37 $ 0.26 $ 1.31 $ 0.52
Weighted average number of shares outstanding:        
Weighted Average Number of Shares Outstanding, Basic 82.2 81.6 81.9 81.2
Weighted Average Number of Shares Outstanding, Diluted 84.1 83.5 83.9 83.5
Manufacturing        
Revenues [Abstract]        
Revenues $ 509.6 $ 560.0 $ 1,595.8 $ 1,423.6
Cost of revenues:        
Cost of revenues: 460.7 523.0 1,442.8 1,349.0
Selling, engineering, and administrative expenses:        
Selling, engineering, and administrative expenses: 8.7 7.3 24.2 21.8
Leasing & Services        
Revenues [Abstract]        
Revenues 289.2 261.3 854.0 761.8
Cost of revenues:        
Cost of revenues: 168.6 156.5 493.8 470.2
Selling, engineering, and administrative expenses:        
Selling, engineering, and administrative expenses: 18.7 16.6 56.8 48.7
Corporate & other        
Selling, engineering, and administrative expenses:        
Selling, engineering, and administrative expenses: $ 33.1 $ 25.2 $ 93.1 $ 82.8