Fair Value Accounting (Details 1) (USD $) | Sep. 30, 2013 | Dec. 31, 2012 |
In Millions, unless otherwise specified |
Carrying amounts and estimated fair values of long-term debt | ' | | ' |
Less: unamortized discount | ($77.60) | [1] | ($87.50) |
Notes payable | 1,332.20 | [1] | 1,404.20 |
Total debt | 3,021.10 | [1] | 3,055 |
Manufacturing/Corporate | ' | | ' |
Carrying amounts and estimated fair values of long-term debt | ' | | ' |
Total debt | 373.3 | | 363.7 |
Wholly-owned subsidiaries | Railcar Leasing and Management Services Group | ' | | ' |
Carrying amounts and estimated fair values of long-term debt | ' | | ' |
Total debt | 1,375.10 | | 1,498.60 |
Partially-owned subsidiaries | Railcar Leasing and Management Services Group | ' | | ' |
Carrying amounts and estimated fair values of long-term debt | ' | | ' |
Total debt | 1,272.70 | | 1,192.70 |
Recourse | ' | | ' |
Carrying amounts and estimated fair values of long-term debt | ' | | ' |
Less: unamortized discount | -77.6 | | -87.5 |
Total debt | 416.2 | | 458.1 |
Recourse | Manufacturing/Corporate | ' | | ' |
Carrying amounts and estimated fair values of long-term debt | ' | | ' |
Less: unamortized discount | -77.6 | | -87.5 |
Total debt | 373.3 | | 363.7 |
Recourse | Wholly-owned subsidiaries | Railcar Leasing and Management Services Group | ' | | ' |
Carrying amounts and estimated fair values of long-term debt | ' | | ' |
Less: unamortized discount | 0 | | 0 |
Total debt | 42.9 | | 94.4 |
Recourse | Partially-owned subsidiaries | Railcar Leasing and Management Services Group | ' | | ' |
Carrying amounts and estimated fair values of long-term debt | ' | | ' |
Less: unamortized discount | 0 | | 0 |
Total debt | 0 | | 0 |
Carrying Value | ' | | ' |
Carrying amounts and estimated fair values of long-term debt | ' | | ' |
Total debt | 3,021.10 | | 3,055 |
Carrying Value | Recourse | ' | | ' |
Carrying amounts and estimated fair values of long-term debt | ' | | ' |
Total debt | 416.2 | | 458.1 |
Carrying Value | Recourse | Manufacturing/Corporate | ' | | ' |
Carrying amounts and estimated fair values of long-term debt | ' | | ' |
Convertible subordinated notes | 450 | | 450 |
Less: unamortized discount | -77.6 | | -87.5 |
Convertible subordinated notes, net | 372.4 | | 362.5 |
Other | 0.9 | | 1.2 |
Total debt | 373.3 | | 363.7 |
Carrying Value | Recourse | Railcar Leasing and Management Services Group | ' | | ' |
Carrying amounts and estimated fair values of long-term debt | ' | | ' |
Total debt | 42.9 | | 94.4 |
Carrying Value | Recourse | Capital lease obligations | Railcar Leasing and Management Services Group | ' | | ' |
Carrying amounts and estimated fair values of long-term debt | ' | | ' |
Capital lease obligations | 42.9 | | 45.8 |
Carrying Value | Recourse | Term loan | Railcar Leasing and Management Services Group | ' | | ' |
Carrying amounts and estimated fair values of long-term debt | ' | | ' |
Loans payable | 0 | | 48.6 |
Carrying Value | Non-recourse | Railcar Leasing and Management Services Group | ' | | ' |
Carrying amounts and estimated fair values of long-term debt | ' | | ' |
Total debt | 2,604.90 | | 2,596.90 |
Carrying Value | Non-recourse | Wholly-owned subsidiaries | Railcar Leasing and Management Services Group | ' | | ' |
Carrying amounts and estimated fair values of long-term debt | ' | | ' |
Total debt | 1,332.20 | | 1,404.20 |
Carrying Value | Non-recourse | Partially-owned subsidiaries | Railcar Leasing and Management Services Group | ' | | ' |
Carrying amounts and estimated fair values of long-term debt | ' | | ' |
Total debt | 1,272.70 | | 1,192.70 |
Carrying Value | Non-recourse | 2006 secured railcar equipment notes | Wholly-owned subsidiaries | Railcar Leasing and Management Services Group | ' | | ' |
Carrying amounts and estimated fair values of long-term debt | ' | | ' |
Notes payable | 244.7 | | 255.8 |
Carrying Value | Non-recourse | Promissory notes | Wholly-owned subsidiaries | Railcar Leasing and Management Services Group | ' | | ' |
Carrying amounts and estimated fair values of long-term debt | ' | | ' |
Notes payable | 403.5 | | 424.1 |
Carrying Value | Non-recourse | 2009 secured railcar equipment notes | Wholly-owned subsidiaries | Railcar Leasing and Management Services Group | ' | | ' |
Carrying amounts and estimated fair values of long-term debt | ' | | ' |
Notes payable | 201.6 | | 209.2 |
Carrying Value | Non-recourse | 2010 secured railcar equipment notes | Wholly-owned subsidiaries | Railcar Leasing and Management Services Group | ' | | ' |
Carrying amounts and estimated fair values of long-term debt | ' | | ' |
Notes payable | 330.4 | | 341.5 |
Carrying Value | Non-recourse | TILC warehouse facility | Wholly-owned subsidiaries | Railcar Leasing and Management Services Group | ' | | ' |
Carrying amounts and estimated fair values of long-term debt | ' | | ' |
Loans payable | 152 | | 173.6 |
Carrying Value | Non-recourse | TRL 2012 secured railcar equipment notes - RIV 2013 | Partially-owned subsidiaries | Railcar Leasing and Management Services Group | ' | | ' |
Carrying amounts and estimated fair values of long-term debt | ' | | ' |
Notes payable | 505.6 | | 333.8 |
Carrying Value | Non-recourse | TRIP Holdings senior secured notes | Partially-owned subsidiaries | Railcar Leasing and Management Services Group | ' | | ' |
Carrying amounts and estimated fair values of long-term debt | ' | | ' |
TRIP Holdings senior secured notes | 0 | | 61.2 |
Carrying Value | Non-recourse | TRIP Master Funding secured railcar equipment notes | Partially-owned subsidiaries | Railcar Leasing and Management Services Group | ' | | ' |
Carrying amounts and estimated fair values of long-term debt | ' | | ' |
Notes payable | 767.1 | | 797.7 |
Estimated Fair Value | ' | | ' |
Carrying amounts and estimated fair values of long-term debt | ' | | ' |
Total debt | 3,291.70 | | 3,470.90 |
Estimated Fair Value | Recourse | ' | | ' |
Carrying amounts and estimated fair values of long-term debt | ' | | ' |
Total debt | 594.5 | | 606.9 |
Estimated Fair Value | Recourse | Manufacturing/Corporate | ' | | ' |
Carrying amounts and estimated fair values of long-term debt | ' | | ' |
Convertible subordinated notes | 550.7 | | 506.6 |
Other | 0.9 | | 1.2 |
Estimated Fair Value | Recourse | Capital lease obligations | Railcar Leasing and Management Services Group | ' | | ' |
Carrying amounts and estimated fair values of long-term debt | ' | | ' |
Capital lease obligations | 42.9 | | 45.8 |
Estimated Fair Value | Recourse | Term loan | Railcar Leasing and Management Services Group | ' | | ' |
Carrying amounts and estimated fair values of long-term debt | ' | | ' |
Loans payable | 0 | | 53.3 |
Estimated Fair Value | Non-recourse | Railcar Leasing and Management Services Group | ' | | ' |
Carrying amounts and estimated fair values of long-term debt | ' | | ' |
Total debt | 2,697.20 | | 2,864 |
Estimated Fair Value | Non-recourse | 2006 secured railcar equipment notes | Wholly-owned subsidiaries | Railcar Leasing and Management Services Group | ' | | ' |
Carrying amounts and estimated fair values of long-term debt | ' | | ' |
Notes payable | 265 | | 292 |
Estimated Fair Value | Non-recourse | Promissory notes | Wholly-owned subsidiaries | Railcar Leasing and Management Services Group | ' | | ' |
Carrying amounts and estimated fair values of long-term debt | ' | | ' |
Notes payable | 396.2 | | 414.6 |
Estimated Fair Value | Non-recourse | 2009 secured railcar equipment notes | Wholly-owned subsidiaries | Railcar Leasing and Management Services Group | ' | | ' |
Carrying amounts and estimated fair values of long-term debt | ' | | ' |
Notes payable | 234.1 | | 260.4 |
Estimated Fair Value | Non-recourse | 2010 secured railcar equipment notes | Wholly-owned subsidiaries | Railcar Leasing and Management Services Group | ' | | ' |
Carrying amounts and estimated fair values of long-term debt | ' | | ' |
Notes payable | 348.7 | | 387.2 |
Estimated Fair Value | Non-recourse | TILC warehouse facility | Wholly-owned subsidiaries | Railcar Leasing and Management Services Group | ' | | ' |
Carrying amounts and estimated fair values of long-term debt | ' | | ' |
Loans payable | 152 | | 173.6 |
Estimated Fair Value | Non-recourse | TRL 2012 secured railcar equipment notes - RIV 2013 | Partially-owned subsidiaries | Railcar Leasing and Management Services Group | ' | | ' |
Carrying amounts and estimated fair values of long-term debt | ' | | ' |
Notes payable | 470.5 | | 321.7 |
Estimated Fair Value | Non-recourse | TRIP Holdings senior secured notes | Partially-owned subsidiaries | Railcar Leasing and Management Services Group | ' | | ' |
Carrying amounts and estimated fair values of long-term debt | ' | | ' |
TRIP Holdings senior secured notes | 0 | | 62.5 |
Estimated Fair Value | Non-recourse | TRIP Master Funding secured railcar equipment notes | Partially-owned subsidiaries | Railcar Leasing and Management Services Group | ' | | ' |
Carrying amounts and estimated fair values of long-term debt | ' | | ' |
Notes payable | $830.70 | | $952 |
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[1] | (unaudited) |