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v2.4.0.6
Commercial Commitments (Tables)
3 Months Ended
Mar. 31, 2012
Commercial Commitments [Abstract]  
Commercial Commitments
                 
    March 31
2012
    December 31
2011
 

Affiliate guarantees

  $ 42.0     $ 42.0  

Asset residual value guarantees

    35.0       33.9  

Lease payment guarantees

    45.4       47.0  

Performance bonds

    1.3       1.3  

Standby letters of credit

    9.6       9.8  
   

 

 

   

 

 

 

Total commercial commitments (a)

  $ 133.3     $ 134.0  
   

 

 

   

 

 

 

 

(a) At March 31, 2012 and December 31, 2011, the carrying values of liabilities on the balance sheet for commercial commitments were $6.2 million and $6.4 million, respectively. The expirations of these commitments range from 2013 to 2019. GATX is not aware of any event that would require it to satisfy any of these commitments.