DISPOSITION OF BUSINESSES |
6 Months Ended |
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Jun. 30, 2026 | |
| Disclosure of Disposition of Businesses [Abstract] | |
| DISPOSITION OF BUSINESSES | DISPOSITION OF BUSINESSES Dispositions Completed in 2025 a)Disposition of a subsidiary of our Global Intermodal Logistics Operation During the first quarter of 2025, our global intermodal logistics operation sold a 33% interest in a stabilized container subsidiary for net proceeds of approximately $120 million (global intermodal logistics operation consortium of approximately $440 million). Our company recognized a gain on sale of approximately $50 million (global intermodal logistics operation consortium of approximately $190 million) in other income (expense) on the Consolidated Statement of Operating Results. Our global intermodal logistics operation recognized its retained interest in the subsidiary as an investment in associate. In the third quarter of 2025, our global intermodal logistics operation sold an additional 33% interest in the stabilized container portfolio. Refer to Note 9, Investments in Associates, for more details.
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