Property, Plant, and Equipment

9 Months Ended

Sep. 30, 2011

Property, Plant, and Equipment [Abstract]

Note 8. Property, Plant, and Equipment

The following table summarizes the components of property, plant, and equipment as of September 30, 2011 and December 31, 2010.


	September 30,			December 31,
	2011			2010
				(as reported)
	(in millions)
Manufacturing/Corporate:
Land	$	40.8		$	40.9
Buildings and improvements		414.2			418.4
Machinery and other		750.3			699.7
Construction in progress		29.6			9.7

		1,234.9			1,168.7
Less accumulated depreciation		(724.1	)		(677.3	)

		510.8			491.4

Leasing:
Wholly-owned subsidiaries:
Machinery and other		9.2			38.2
Equipment on lease		3,447.3			3,249.8

		3,456.5			3,288.0
Less accumulated depreciation		(352.0	)		(322.6	)

		3,104.5			2,965.4

TRIP Holdings:
Equipment on lease		1,273.5			1,282.1
Less accumulated depreciation		(115.6	)		(90.3	)

		1,157.9			1,191.8

Net deferred profit on railcars sold to the Leasing Group
Sold to wholly-owned subsidiaries		(351.5	)		(340.4	)
Sold to TRIP Holdings		(190.7	)		(196.2	)

	$	4,231.0		$	4,112.0

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

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