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Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Operating activities:    
Net income $ 83.1 $ 119.3
Loss from discontinued operations, net of benefit for income taxes of $1.1, $1.7, $2.2, and $3.5 (4.9) (11.3)
Adjustment to Reconcile Net Income to Cash Provided by (Used in) Operating Activity [Abstract]    
Depreciation and amortization 226.4 220.2
Stock-based compensation expense 16.6 17.3
Provision (benefit) for deferred income taxes 14.0 (1.5)
Gain (Loss) on Sale of Property, Plant and Equipment, Railroad Transportation Equipment 35.4 36.2
Gains on dispositions of property and other assets (6.0) (4.2)
Non-cash interest expense 6.3 9.8
Loss on extinguishment of debt 0.8 1.5
Other 2.1 (3.9)
Changes in operating assets and liabilities:    
(Increase) decrease in receivables 67.4 (50.7)
(Increase) decrease in income tax receivable (26.9) 0.2
(Increase) decrease in inventories (78.4) 135.2
(Increase) decrease in other assets (3.9) (3.0)
Increase (decrease) in accounts payable 1.2 (35.1)
Increase (decrease) in accrued liabilities (79.0) 0.3
Increase (decrease) in other liabilities (6.0) 3.0
Net cash provided by operating activities – continuing operations 187.2 383.5
Net cash used in operating activities – discontinued operations (4.9) (11.3)
Net cash provided by operating activities 182.3 372.2
Investing activities:    
Capital expenditures – lease fleet 530.3 340.2
Proceeds From Sale Of Property Subject To Or Available For Operating Lease 142.9 253.7
Capital expenditures – operating and administrative (26.8) (32.3)
Proceeds from dispositions of property and other assets 11.1 15.5
Proceeds from insurance recoveries 0.0 1.7
Proceeds from Sale of Equity Method Investments 4.7  
Payments to Acquire Equity Method Investments   (3.6)
Net cash used in investing activities (398.4) (105.2)
Financing activities:    
Payments to retire debt (1,039.2) (1,831.0)
Proceeds from Debt, Net of Issuance Costs 1,284.1 1,762.4
Payments to settle contingent consideration liability (8.0) (8.0)
Payments for Repurchase of Common Stock (58.9) (6.9)
Dividends paid to common shareholders (74.6) (70.1)
Purchase of shares to satisfy employee tax on vested stock (8.4) (8.7)
Distributions to noncontrolling interest (14.6) (7.4)
Net cash provided by (used in) financing activities 80.4 (169.7)
Net increase (decrease) in cash, cash equivalents, and restricted cash (135.7) 97.3
Cash, cash equivalents, and restricted cash at beginning of period 374.4 235.1
Cash, cash equivalents, and restricted cash at end of period $ 238.7 $ 332.4