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Derivative Instruments and Fair Value Accounting (Tables)
 9 Months Ended
Sep. 30, 2025
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Interest Rate Derivatives [Table Text Block]
   
Included in accompanying 
balance sheet at September 30, 2025
 Notional Amount
Interest Rate (1)
Asset/(Liability)AOCI –
loss/(income)
 ($ in millions)
Expired hedges:
2018 secured railcar equipment notes$249.3 4.41 %$— $— 
Tribute Rail secured railcar equipment notes $256.0 2.86 %$— $— 
2017 promissory notes – interest rate cap$169.3 3.00 %$— $— 
2017 promissory notes – interest rate swap (2)
$372.5 2.31 %$— $(0.6)
TRL-2023 term loan (2)
$255.8 3.79 %$— $3.3 
TILC – TRL-2023 term loan pre-issuance (2)
$525.4 3.58 %$— $6.3 
Open hedge:
TRL-2023 term loan (3)
$779.3 3.57 %$(7.9)$2.0 
TILC – TRL-2025 pre-issuance (4)
$100.0 3.21 %$0.8 $(0.8)
(1) Weighted average fixed interest rate, except for the interest rate cap on the 2017 promissory notes.
(2) These swaps were terminated in April 2025 in connection with the extinguishment of the Trinity Rail Leasing 2017, LLC (“TRL-2017”) promissory notes and the associated refinancing of the amended and restated Trinity Rail Leasing 2023 LLC (“TRL-2023”) term loan agreement. See Note 8 for further information. The swaps had a $6.7 million derivative liability fair value upon termination. In lieu of cash settlement, we incorporated the $6.7 million derivative liability into the terms of the new interest rate swaps, as described in the footnote below, resulting in off-market terms.
(3) In April 2025, we entered into interest rate swaps associated with the amended and restated TRL-2023 term loan agreement. The swaps had a $6.7 million derivative liability fair value at inception, representing the off-market component of the swaps. The off-market value is being ratably amortized into interest expense through the maturity date of the swaps related to the amended and restated TRL-2023 term loan.
(4) We entered into a forward starting interest rate swap to hedge a portion of the risk of potential interest rate increases in anticipation of a debt issuance, which was completed in October 2025. See Note 8 for further information.
Derivative Instruments, Gain (Loss)
 Effect on interest expense – increase/(decrease)
 Three Months Ended
September 30,		Nine Months Ended
September 30,		Expected effect during next twelve months
 2025202420252024
 (in millions)
Expired hedges:
2018 secured railcar equipment notes
$— $— $0.1 $0.1 $— 
Tribute Rail secured railcar equipment notes$— $0.2 $0.3 $0.5 $— 
2017 promissory notes – interest rate cap$— $(0.1)$— $(0.1)$— 
2017 promissory notes – interest rate swap$(1.7)$(3.0)$(5.3)$(9.1)$(0.6)
TRL-2023 term loan$0.3 $(1.0)$— $(3.1)$1.2 
TILC – TRL-2023 term loan pre-issuance$0.2 $— $0.4 $— $1.3 
Open hedge (1):
TRL-2023 term loan (2)
$(1.9)$— $(3.1)$— $1.6 
(1) Based on the fair value of open hedges as of September 30, 2025.
(2) Includes changes in fair value related to the amortization of the initial off-market fair value.
Foreign Currency Hedges
Our exposure related to foreign currency transactions is currently hedged for up to a maximum of fifteen months. Information related to our foreign currency hedges is as follows:
 
Included in 
accompanying 
balance sheet at
September 30, 2025
Effect on cost of revenues – increase/(decrease)
Notional
Amount		Asset/ (Liability)AOCI –
loss/(income)		Three Months Ended
September 30,		Nine Months Ended
September 30,
Expected effect during next twelve months (1)
Instrument2025202420252024
(in millions)
Forward contracts$85.4 $3.9 $(5.4)$(1.2)$(1.2)$5.4 $(5.8)$(4.9)
Options$22.2 $1.3 $(1.0)$0.3 $— $0.4 $0.2 $0.3 
(1) Based on the fair value of open hedges as of September 30, 2025.
Derivatives Not Designated as Hedging Instruments
Derivatives Not Designated as Hedging Instruments (1)
   
Asset/(Liability) at
September 30, 2025
Effect on other, net (income) expense – increase/(decrease)
Notional
Amount		Interest
Rate		Three Months Ended
September 30,		Nine Months Ended
September 30,
 2025202420252024
 ($ in millions)
Interest rate derivatives – open:
TILC warehouse facility – interest rate cap$680.0 2.50 %$9.9 $2.0 $13.0 $5.9 $9.3 
TILC – interest rate cap (2)
$680.0 2.50 %$(9.9)$(2.0)$(13.0)$(5.9)$(6.2)
Interest rate derivatives – expired (3):
TILC warehouse facility – interest rate cap$800.0 2.50 %$— $— $— $— $1.9 
TILC – interest rate cap$800.0 2.50 %$— $— $— $— $(1.9)
(1) Comprised of back-to-back interest rate caps entered into with the same counterparty in connection with our risk management objectives.
(2) The amount recorded to other, net (income) expense in our Consolidated Statements of Operations for the nine months ended September 30, 2024 includes a fee of $3.1 million related to the execution of back-to-back interest rate caps associated with the Trinity Industries Leasing Company (“TILC”) warehouse loan facility.
(3) These interest rate caps matured and settled in 2024.
Level 1  
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block] The assets measured on a recurring basis as Level 1 in the fair value hierarchy are summarized below:
Level 1
 September 30, 2025December 31, 2024
(in millions)
Assets:
Cash equivalents$43.2 $209.6 
Restricted cash172.4 146.2 
Total assets$215.6 $355.8 
Level 2  
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block] The assets and liabilities measured on a recurring basis as Level 2 in the fair value hierarchy are summarized below:
Level 2
 September 30, 2025December 31, 2024
(in millions)
Assets (1):
Derivatives designated as hedging instruments:
Interest rate hedges$0.8 $10.4 
Foreign currency hedges5.2 0.4 
Derivatives not designated as hedging instruments:
Interest rate derivatives9.9 23.3 
Total assets$15.9 $34.1 
Liabilities (2):
Derivatives designated as hedging instruments:
Interest rate hedges$7.9 $— 
Foreign currency hedges— 9.5 
Derivatives not designated as hedging instruments:
Interest rate derivatives9.9 23.3 
Total liabilities$17.8 $32.8 
(1) Included in other assets in our Consolidated Balance Sheets.
(2) Included in accrued liabilities in our Consolidated Balance Sheets.