v3.26.1
Operating Assets and Facilities
 6 Months Ended
Jun. 30, 2026
Property, Plant and Equipment [Abstract]  
Operating Assets and Facilities Operating Assets and Facilities
The following table shows the components of our operating assets and facilities (in millions):

June 30
2026		December 31
2025
Railcars and locomotives$17,784.0 $13,802.1 
Aircraft spare engines1,177.7 1,177.5 
Tank containers277.3 278.0 
Buildings, leasehold improvements, and other equipment324.0 318.5 
Other132.8 86.5 
$19,695.8 $15,662.6 
Less: allowance for depreciation(4,426.1)(4,251.7)
Net operating assets and facilities$15,269.7 $11,410.9 

Total depreciation expense was $172.1 million and $346.7 million for the three and six months ended June 30, 2026 and $111.9 million and $220.3 million for the three and six months ended June 30, 2025.