v3.25.1
Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Operating activities:    
Net income $ 27.1 $ 27.4
Loss from discontinued operations, net of benefit for income taxes of $0.6 and $1.3 (1.9) (4.3)
Adjustment to Reconcile Net Income to Cash Provided by (Used in) Operating Activity [Abstract]    
Depreciation and amortization 74.3 73.4
Stock-based compensation expense 5.3 4.7
Provision (benefit) for deferred income taxes (6.1) (2.1)
Gain (Loss) on Sale of Property, Plant and Equipment, Railroad Transportation Equipment (5.9) (2.1)
Gains on dispositions of property and other assets (1.7) (0.7)
Non-cash interest expense 3.4 3.4
Other (0.4) 0.5
Changes in operating assets and liabilities:    
(Increase) decrease in receivables 10.1 (118.1)
(Increase) decrease in inventories 26.5 41.2
(Increase) decrease in other assets 8.2 (5.1)
Increase (decrease) in accounts payable 3.5 30.6
Increase (decrease) in accrued liabilities (61.1) (1.5)
Increase (decrease) in other liabilities (6.7) 0.6
Net cash provided by operating activities – continuing operations 78.4 56.5
Net cash used in operating activities – discontinued operations (1.9) (4.3)
Net cash provided by operating activities 76.5 52.2
Investing activities:    
Capital expenditures – lease fleet 120.2 147.5
Proceeds From Sale Of Property Subject To Or Available For Operating Lease 33.7 24.2
Capital expenditures – operating and administrative (9.2) (4.6)
Proceeds from dispositions of property and other assets 4.1 3.9
Net cash used in investing activities (91.6) (124.0)
Financing activities:    
Payments to retire debt (77.3) (803.8)
Proceeds from Debt, Net of Issuance Costs 0.0 909.9
Payments to settle contingent consideration liability (8.0) (8.0)
Payments for Repurchase of Common Stock (8.2) 0.0
Dividends paid to common shareholders (24.6) (23.0)
Purchase of shares to satisfy employee tax on vested stock (0.3) (0.3)
Distributions to noncontrolling interest (5.8) (3.0)
Net cash provided by (used in) financing activities (124.2) 71.8
Net increase (decrease) in cash, cash equivalents, and restricted cash (139.3) 0.0
Cash, cash equivalents, and restricted cash at beginning of period 374.4 235.1
Cash, cash equivalents, and restricted cash at end of period $ 235.1 $ 235.1