The Manitowoc Company, Inc. (MTW) 10-K 23 Feb 18 2017 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2017	Jan. 31, 2018	Jun. 30, 2017
Document And Entity Information [Abstract]
Entity Registrant Name	MANITOWOC CO INC
Entity Central Index Key	61,986
Document Type	10-K
Document Period End Date	Dec. 31, 2017
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Filer Category	Large Accelerated Filer
Entity Public Float			$ 838
Entity Shares Outstanding		35,347,025
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	FY
Trading Symbol	MTW

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Operations
Net sales	$ 1,581.3	$ 1,613.1	$ 1,865.7
Cost of sales	1,299.4	1,359.8	1,533.5
Gross profit	281.9	253.3	332.2
Operating costs and expenses:
Engineering, selling and administrative expenses	252.6	280.7	316.9
Asset impairment expense	0.1	96.9	15.3
Amortization of intangible assets	0.8	3	3
Restructuring expense	27.2	23.4	9.4
Other expense	0.1	2.6	0
Total operating costs and expenses	280.8	406.6	344.6
Operating income (loss)	1.1	(153.3)	(12.4)
Other income (expense):
Interest expense	(39.2)	(39.6)	(95.6)
Amortization of deferred financing fees	(1.9)	(2.2)	(4.2)
Loss on debt extinguishment	0	(76.3)	(0.2)
Other income — net	0.5	3.3	1.4
Total other expense	(40.6)	(114.8)	(98.6)
Loss from continuing operations before taxes	(39.5)	(268.1)	(111)
Provision (benefit) for taxes on income	(49.5)	100.5	(41.1)
Income (loss) from continuing operations	10	(368.6)	(69.9)
Discontinued operations:
Income (loss) from discontinued operations, net of income taxes of $0.0, $0.6 and $35.9, respectively	(0.6)	(7.2)	135.4
Net income (loss)	9.4	(375.8)	65.5
Amounts attributable to the Manitowoc common shareholders:
Income (loss) from continuing operations	10	(368.6)	(69.9)
Income (loss) from discontinued operations, net of income taxes	(0.6)	(7.2)	135.4
Net income (loss) attributable to Manitowoc common shareholders	$ 9.4	$ (375.8)	$ 65.5
Basic income (loss) per common share:
Income (loss) from continuing operations attributable to Manitowoc common shareholders (in dollars per share)	$ 0.28	$ (10.70)	$ (2.06)
Income (loss) from discontinued operations attributable to Manitowoc common shareholders (in dollars per share)	(0.02)	(0.21)	3.98
Basic income (loss) per share attributable to Manitowoc common shareholders (in dollars per share)	0.26	(10.91)	1.92
Diluted income (loss) per common share:
Income (loss) from continuing operations attributable to Manitowoc common shareholders (in dollars per share)	0.28	(10.70)	(2.06)
Income (loss) from discontinued operations attributable to Manitowoc common shareholders (in dollars per share)	(0.02)	(0.21)	3.98
Diluted income (loss) per share attributable to Manitowoc common shareholders (in dollars per share)	$ 0.26	$ (10.91)	$ 1.92

Consolidated Statements of Ope3

Consolidated Statements of Operations (Parenthetical) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Income Statement [Abstract]
Earnings (loss) from discontinued operations, income taxes	$ 0	$ 0.6	$ 35.9

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Loss) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Statement Of Income And Comprehensive Income [Abstract]
Net income (loss)	$ 9.4	$ (375.8)	$ 65.5
Other comprehensive income (loss), net of tax:
Foreign currency translation adjustments	58.4	(20.4)	(92.2)
Unrealized income (loss) on derivatives, net of income taxes of $0.0, $0.9 and $1.0, respectively	0.4	1.4	2.5
Employee pension and postretirement benefits, net of income taxes of $4.1, $(0.2) and $4.9, respectively	6.7	(4.1)	12.4
Total other comprehensive income (loss), net of tax	65.5	(23.1)	(77.3)
Comprehensive income (loss)	$ 74.9	$ (398.9)	$ (11.8)

Consolidated Statements of Com5

Consolidated Statements of Comprehensive Income (Loss) (Parenthetical) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Statement Of Income And Comprehensive Income [Abstract]
Unrealized income (loss) on derivatives, net of income taxes	$ 0	$ 0.9	$ 1
Employee pension and post retirement benefits, net of income taxes of	$ 4.1	$ (0.2)	$ 4.9

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Millions	Dec. 31, 2017	Dec. 31, 2016
Current Assets:
Cash and cash equivalents	$ 119.2	$ 69.9
Accounts receivable, less allowances of $10.9 and $11.1, respectively	179.2	134.4
Inventories — net	396.1	429
Notes receivable — net	31.1	62.4
Other current assets	73.6	54
Total current assets	799.2	749.7
Property, plant and equipment — net	294.9	308.8
Goodwill	321.3	299.6
Other intangible assets — net	122.1	114.1
Other non-current assets	70.3	45.6
Total assets	1,607.8	1,517.8
Current Liabilities:
Accounts payable and accrued expenses	375.8	321.2
Short-term borrowings	8.2	12.4
Product warranties	35.5	36.5
Customer advances	12.7	21
Product liabilities	20.8	21.7
Total current liabilities	453	412.8
Non-Current Liabilities:
Long-term debt	266.7	269.1
Deferred income taxes	13	36.6
Pension obligations	88.9	86.4
Postretirement health and other benefit obligations	25.5	38
Long-term deferred revenue	20.8	20.3
Other non-current liabilities	62.4	64.1
Total non-current liabilities	477.3	514.5
Commitments and contingencies (Note 17)
Total Equity:
Preferred stock (authorized 3,500,000 shares of $.01 par value; none outstanding)
Common stock (75,000,000 shares authorized, 40,793,983 shares issued, 35,273,864 and 34,960,304 shares outstanding, respectively)	1.4	1.4
Additional paid-in capital	576.6	567.6
Accumulated other comprehensive loss	(97.4)	(162.9)
Retained earnings	256.7	247.3
Treasury stock, at cost (5,520,119 and 5,833,679 shares, respectively)	(59.8)	(62.9)
Total Manitowoc stockholders’ equity	677.5	590.5
Total liabilities and equity	$ 1,607.8	$ 1,517.8

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Millions	Dec. 31, 2017	Dec. 31, 2016
Statement Of Financial Position [Abstract]
Accounts Receivable, allowances (in dollars)	$ 10.9	$ 11.1
Preferred stock authorized (in shares)	3,500,000	3,500,000
Par value of preferred stock per share (in dollars per share)	$ 0.01	$ 0.01
Preferred stock outstanding (in shares)	0	0
Common stock, shares authorized (in shares)	75,000,000	75,000,000
Common stock, shares issued (in shares)	40,793,983	40,793,983
Common stock, shares outstanding (in shares)	35,273,864	34,960,304
Treasury stock, shares (in shares)	5,520,119	5,833,679

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Cash Flows From Operations
Net income (loss)	$ 9.4	$ (375.8)	$ 65.5
Adjustments to reconcile net (loss) income to cash (used for) provided by operating activities of continuing operations:
Asset impairment expense	0.1	96.9	15.3
Loss (income) from discontinued operations, net of income taxes	0.6	7.2	(135.4)
Depreciation expense	38.1	45.6	50.6
Amortization of intangible assets	0.8	3	3
Amortization of deferred financing fees	1.9	2.2	4.2
Deferred income tax (benefit) - net	(44.1)	101.4	(4.4)
Noncash loss on early extinguishment of debt	0	15.4	0.2
Loss (gain) on sale of property, plant and equipment	0.1	1.1	(0.3)
Stock-based compensation expense and other	8.5	(0.7)	7.5
Changes in operating assets and liabilities, excluding the effects of business divestitures:
Accounts receivable	(32.7)	18.4	(10.7)
Inventories	55.6	52.7	(7.2)
Notes receivable	18.8	32.2	9.9
Other assets	(0.5)	(6.9)	(18.9)
Accounts payable	27.1	(105.8)	(12.4)
Accrued expenses and other liabilities	(5.2)	(9.3)	7.6
Net cash provided by (used for) operating activities of continuing operations	78.5	(122.4)	(25.5)
Net cash provided by (used for) operating activities of discontinued operations	(0.6)	(49.9)	126.3
Net cash provided by (used for) operating activities	77.9	(172.3)	100.8
Cash Flows From Investing
Capital expenditures	(28.9)	(45.9)	(54.9)
Proceeds from sale of property, plant and equipment	7	8.4	7.3
Other	0.6	(1.6)	2.6
Net cash used for investing activities of continuing operations	(21.3)	(39.1)	(45)
Net cash provided by (used for) investing activities of discontinued operations	0	(2.4)	59.1
Net cash provided by (used for) investing activities	(21.3)	(41.5)	14.1
Cash Flows From Financing
Payments on long-term debt	(10.9)	(1,389)	(105.4)
Proceeds from long-term debt	0.2	272.1	5.1
Payments on notes financing - net	(4.7)	(8.4)	(9.4)
Debt issuance costs	0	(8.9)	0
Dividends paid	0	0	(10.9)
Exercises of stock options including windfall tax benefits	5.7	9.4	7.9
Dividend from spun-off subsidiary	0	1,361.7	0
Cash transferred to spun-off subsidiary	0	(17.7)	0
Net cash provided by (used for) financing activities of continuing operations	(9.7)	219.2	(112.7)
Net cash provided by (used for) financing activities of discontinued operations	0	0.2	(0.2)
Net cash provided by (used for) financing activities	(9.7)	219.4	(112.9)
Effect of exchange rate changes on cash	2.4	0.9	(6.6)
Net increase (decrease) in cash and cash equivalents	49.3	6.5	(4.6)
Balance at beginning of year, including cash of discontinued operations of $0.0, $31.9 and $16.5, respectively	69.9	63.4	68
Balance at end of year, including cash of discontinued operations of $0.0, $0.0, and $31.9, respectively	119.2	69.9	63.4
Supplemental Cash Flow Information
Interest paid	37	49.6	98.8
Income tax (refund) paid	$ (7.6)	$ 8.9	$ 7.7

Consolidated Statements of Cas9

Consolidated Statements of Cash Flows (Parenthetical) - USD ($) $ in Millions	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Statement Of Cash Flows [Abstract]
Cash of discontinued operations	$ 0	$ 0	$ 31.9	$ 16.5

Consolidated Statements of Equi

Consolidated Statements of Equity - USD ($) $ in Millions	Total	Common Stock	Additional Paid-in Capital	Accumulated Other Comprehensive Loss	Retained Earnings	Treasury Stock	Performance SharesCommon Stock
Balance at beginning of year (As Reported) at Dec. 31, 2014					$ 486.9
Balance at beginning of year (Restatement Adjustment)					20.8
Balance at beginning of year at Dec. 31, 2014		$ 1.4	$ 539.7	$ (130.5)	507.7	$ (73.4)
Balance (in shares) at Dec. 31, 2014		33,885,967
Increase (Decrease) in Stockholders' Equity
Stock options exercised and issuance of other stock awards			2.3			1.8
Stock options exercised (in shares)		116,154
Restricted stock, net (in shares)		90,496
Performance shares issued (in shares)							61,673
Windfall tax benefit on stock options exercised			1.5
Stock-based compensation			14.5
Other comprehensive loss	$ (77.3)			(77.3)
Net income (loss)	65.5				65.5
Cash dividends					(10.9)
Balance (in shares) at Dec. 31, 2015		34,154,290
Balance at end of year (As Reported) at Dec. 31, 2015					539.5
Balance at end of year (Restatement Adjustment)					22.8
Balance at end of year at Dec. 31, 2015	842.3	$ 1.4	558	(207.8)	562.3	(71.6)
Increase (Decrease) in Stockholders' Equity
Stock options exercised and issuance of other stock awards			0.3			8.7
Distribution of Spun-off subsidiary				68	60.8
Stock options exercised (in shares)		687,619
Restricted stock, net (in shares)		(9,112)
Performance shares issued (in shares)							127,506
Stock-based compensation			9.3
Other comprehensive loss	(23.1)			(23.1)
Net income (loss)	(375.8)			68	(375.8)
Balance (in shares) at Dec. 31, 2016		34,960,303
Balance at end of year (As Reported) at Dec. 31, 2016					247.3
Balance at end of year at Dec. 31, 2016	590.5	$ 1.4	567.6	(162.9)	247.3	(62.9)
Increase (Decrease) in Stockholders' Equity
Stock options exercised and issuance of other stock awards			2			3.1
Stock options exercised (in shares)		262,118
Restricted stock, net (in shares)		23,566
Performance shares issued (in shares)							27,877
Stock-based compensation			7
Other comprehensive loss	65.5			65.5
Net income (loss)	9.4				9.4
Balance (in shares) at Dec. 31, 2017		35,273,864
Balance at end of year at Dec. 31, 2017	$ 677.5	$ 1.4	$ 576.6	$ (97.4)	$ 256.7	$ (59.8)

Company and Basis of Presentati

Company and Basis of Presentation	12 Months Ended
	Dec. 31, 2017
Organization Consolidation And Presentation Of Financial Statements [Abstract]
Company and Basis of Presentation	1. Company and Basis of Presentation The Manitowoc Company, Inc. (“Manitowoc”, “MTW” and the “Company”) was founded in 1902 and has over a 115-year tradition of providing high-quality, customer-focused products and support services to its markets and for the year ended December 31, 2017, the Company had net sales of approximately $1.6 billion. Manitowoc is one of the world’s leading providers of engineered lifting equipment for the global construction industry. Manitowoc designs, manufactures, markets, and supports one of the most comprehensive product lines of mobile telescopic cranes, tower cranes, lattice-boom crawler cranes, and boom trucks. Its Crane products are principally marketed under the Manitowoc, Grove, Potain and National Crane brand names. The Company serves a wide variety of customers, including dealers, rental companies, contractors, and government entities, across the petrochemical and industrial, commercial, power and utilities, infrastructure, and residential end markets. Additionally, its Manitowoc Crane Care offering leverages Manitowoc's installed base of approximately 143,000 cranes to provide aftermarket parts and services to enable its customers to manage their fleets more effectively and improve their return on investment. Due to the ongoing and predictable maintenance needed by cranes, as well as the high cost of crane downtime, Crane Care provides the Company with a consistent stream of recurring revenue. Manitowoc is a Wisconsin corporation, and its principal executive offices are located at 2400 South 44th Street, Manitowoc, Wisconsin 54220. During the first quarter of fiscal 2016, the Board of Directors of Manitowoc approved the tax-free spin-off of the Company’s former foodservice business (“MFS” or “Foodservice”) into an independent, public company (the “Spin-Off”). To effect the Spin-Off, the Board declared a pro rata dividend of MFS common stock to MTW’s stockholders of record as of the close of business on February 22, 2016 (the “Record Date”) and the Company paid the dividend on March 4, 2016. Each MTW stockholder received one share of MFS common stock for every share of MTW common stock held as of the close of business on the Record Date. In these Consolidated Financial Statements, unless otherwise indicated, references to Manitowoc, MTW and the Company refer to The Manitowoc Company, Inc. and its consolidated subsidiaries after giving effect to the Spin-Off, or, in the case of information as of dates or for periods prior to the Spin-Off, the consolidated entities of the Crane business and certain other assets and liabilities that were historically held at the Manitowoc corporate level but were specifically identifiable and attributable to the Crane business. As a result of the Spin-Off, the Consolidated Financial Statements and related financial information reflect MFS operations, assets and liabilities, and cash flows as discontinued operations for all periods presented. See Note 3, “Discontinued Operations,” for further details concerning the above transactions being reported as discontinued operations. Effective after the market closed on November 17, 2017, the Company completed a 1-for-4 reverse stock split. The share amounts in this Annual Report on Form 10-K have been adjusted to reflect that reverse stock split. All dollar amounts, except share and per share amounts, are in millions of dollars throughout the tables included in these notes unless otherwise indicated. Basis of Presentation The consolidated financial statements include the accounts of The Manitowoc Company, Inc. and its wholly and majority-owned subsidiaries. All significant intercompany balances and transactions have been eliminated. The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from these estimates.

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2017
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	2. Summary of Significant Accounting Policies Cash Equivalents All short-term investments purchased with an original maturity of three months or less are considered cash equivalents. Allowance for Doubtful Accounts Accounts receivable are reduced by an allowance for amounts that may become uncollectible in the future. Our estimate for the allowance for doubtful accounts related to trade receivables includes evaluation of specific accounts where we have information that the customer may have an inability to meet its financial obligations together with a general provision for unknown but existing doubtful accounts based on historical experience, which are subject to change if experience improves or deteriorates. Inventories Inventories are valued at the lower of cost or market value. Finished goods and work-in-process inventories include material, labor and manufacturing overhead costs. In the fourth quarter of 2016, the Company changed its method of inventory costing for certain inventory in the U.S. to the first-in, first-out (“FIFO”) method from the last-in, first-out (“LIFO”) method. The Company believes that the FIFO method is preferable as it results in uniformity across its global operations, aligns with how the Company internally manages inventory, provides better matching of revenues and expenses and improves comparability with its peers. The Company's other locations determine costs using the FIFO method. The impact of this change in accounting principle has been reflected through retrospective application to the financial statements for each period presented, and is further explained in Note 5, “Inventories”. Goodwill and Other Intangible Assets The Company accounts for its goodwill and other intangible assets under the guidance of ASC Topic 350-10, “Intangibles — Goodwill and Other.” Under ASC Topic 350-10, goodwill is not amortized, but it is tested for impairment annually during the fourth quarter, or more frequently, as events dictate. See additional discussion of impairment testing under “Impairment of Long-Lived Assets” below. The Company’s other intangible assets with indefinite lives, including trademarks and tradenames and in-place distributor networks, are not amortized but are also tested for impairment annually, or more frequently, as events dictate. The Company’s other intangible assets subject to amortization are tested for impairment whenever events or changes in circumstances indicate that their carrying values may not be recoverable. Other intangible assets are amortized straight-line over the following estimated useful lives: Useful lives Patents 20 years Engineering drawings 15 years Customer relationships 10 years Property, Plant and Equipment Property, plant and equipment are stated at cost. Expenditures for maintenance, repairs and minor renewals are charged against earnings as incurred. Expenditures for major renewals and improvements that substantially extend the capacity or useful life of an asset are capitalized and are then depreciated. The cost and accumulated depreciation for property, plant and equipment sold, retired or otherwise disposed of are relieved from the accounts, and resulting gains or losses are reflected in earnings. Property, plant and equipment are depreciated over the estimated useful lives of the assets using the straight-line depreciation method for financial reporting and on accelerated methods for income tax purposes. Property, plant and equipment are depreciated over the following estimated useful lives: Years Building and improvements 2 - 40 Machinery, equipment and tooling 2 - 20 Furniture and fixtures 3 - 20 Computer hardware and software 2 - 10 Rental cranes 5 - 15 Property, plant and equipment also include cranes accounted for as operating leases. Equipment accounted for as operating leases includes equipment leased directly to the customer and equipment for which the Company has assisted in the financing arrangement, whereby it has guaranteed more than insignificant residual value or made a buyback commitment. Equipment that is leased directly to the customer is accounted for as an operating lease with the related assets capitalized and depreciated over their estimated economic life. Equipment involved in a financing arrangement is depreciated over the life of the underlying arrangement so that the net book value at the end of the period equals the buyback amount or the residual value amount. The amount of buyback and rental equipment included in property, plant and equipment amounted to $54.3 million and $57.9 million, net of accumulated depreciation, at December 31, 2017 and 2016, respectively. Impairment of Long-Lived Assets The Company reviews long-lived assets for impairment whenever events or changes in circumstances indicate that the assets’ carrying amount may not be recoverable. The Company conducts its long-lived asset impairment analyses in accordance with ASC Topic 360-10-5. ASC Topic 360-10-5 requires the Company to group assets and liabilities at the lowest level for which identifiable cash flows are largely independent of the cash flows of other assets and liabilities and to evaluate the asset group against the sum of the undiscounted future cash flows. For property, plant and equipment and other long-lived assets, other than goodwill and other indefinite lived intangible assets, the Company performs undiscounted operating cash flow analysis to determine impairments. If an impairment is determined to exist, any related impairment loss is calculated based upon comparison of the fair value to the net book value of the assets. Impairment losses on assets held for sale are based on the estimated proceeds to be received, less costs to sell. The Company tests for impairment of goodwill annually in the fourth quarter. To test goodwill the Company estimates the fair values of its reporting units using the present value of future cash flows approach, subject to a comparison for reasonableness to its market capitalization at the date of valuation. If the carrying amount exceeds the fair value, an impairment loss is recognized in an amount equal to that excess, not to exceed the carrying amount of the goodwill. In addition, goodwill of a reporting unit is tested for impairment between annual tests if an event occurs or circumstances change that would more-likely-than-not reduce the fair value of a reporting unit below its carrying value. For other indefinite lived intangible assets, the impairment test consists of a comparison of the fair value of the intangible assets to their carrying amount. See Note 8, “Goodwill and Other Intangible Assets,” for further details on our impairment assessments. Warranties Estimated warranty costs are recorded in cost of sales at the time of sale of the warranted products based on historical warranty experience for the related product or estimates of projected costs due to specific warranty issues on new products. These estimates are reviewed periodically and are adjusted based on changes in facts, circumstances or actual experience. Environmental Liabilities The Company accrues for losses associated with environmental remediation obligations when such losses are probable and reasonably estimable. Such accruals are adjusted as information develops or circumstances change. Costs of long-term expenditures for environmental remediation obligations are discounted to their present value when the timing of cash flows are estimable. Product Liabilities The Company records product liability reserves for its self-insured portion of any pending or threatened product liability actions when losses are probable and reasonably estimable. The reserve is based upon two estimates. First, the Company tracks the population of all outstanding pending and threatened product liability cases to determine an appropriate case reserve for each based upon the Company’s best judgment and the advice of legal counsel. These estimates are continually evaluated and adjusted based upon changes to facts and circumstances surrounding the case. Second, the Company determines the amount of additional reserve required to cover incurred but not reported product liability obligations and to account for possible adverse development of the established case reserves (collectively referred to as “IBNR”) utilizing actuarially developed estimates. Foreign Currency Translation The financial statements of the Company’s non-U.S. subsidiaries are translated using the current exchange rate for assets and liabilities and the average monthly exchange rate throughout the year for income and expense items. Resulting translation adjustments are recorded to Accumulated Other Comprehensive Income (“AOCI”) as a component of Manitowoc stockholders’ equity. Derivative Financial Instruments and Hedging Activities The Company has written policies and procedures that place all financial instruments under the direction of corporate treasury and restrict all derivative transactions to those intended for hedging purposes. The use of financial instruments for trading purposes is strictly prohibited. The Company uses financial instruments to manage the market risk from changes in foreign exchange rates, commodities and interest rates. The Company follows the guidance in accordance with ASC Topic 815-10, “Derivatives and Hedging.” The fair values of all derivatives are recorded in the Consolidated Balance Sheets. The change in a derivative’s fair value is recorded each period in current earnings or AOCI depending on whether the derivative is designated and qualifies as a cash flow hedge transaction. During 2017, 2016 and 2015, minimal amounts were recognized in earnings due to ineffectiveness of certain commodity hedges. The amount reported as derivative instrument fair market value adjustment in the AOCI account within the Consolidated Statements of Comprehensive Income (Loss) represents the net gain (loss) on foreign currency exchange contracts, commodity contracts and interest rate contracts designated as cash flow hedges, net of income taxes. Cash Flow Hedges The Company selectively hedges anticipated transactions that are subject to foreign exchange exposure, commodity price exposure or variable interest rate exposure, primarily using foreign currency exchange contracts, commodity contracts and interest rate contracts, respectively. These instruments are designated as cash flow hedges in accordance with ASC Topic 815-10 and are recorded in the Consolidated Balance Sheets at fair value. The effective portion of the contracts’ gains or losses due to changes in fair value are initially recorded as a component of AOCI and are subsequently reclassified into earnings when the hedged transactions, typically sales and costs related to sales and interest expense, occur and affect earnings. These contracts are highly effective in hedging the variability in future cash attributable to changes in currency exchange rates, commodity prices or interest rates. Fair Value Hedges The Company periodically enters into interest rate swaps designated as a hedge of the fair value of a portion of its fixed rate debt. These hedges effectively result in changing a portion of its fixed rate debt to variable interest rate debt. Both the swaps and the debt are recorded in the Consolidated Balance Sheets at fair value. The change in fair value of the swaps should exactly offset the change in fair value of the hedged debt, with no net impact to earnings. Interest expense of the hedged debt is recorded at the variable rate in earnings. See Note 10, “Debt” for further discussion of fair value hedges. The Company selectively hedges cash inflows and outflows that are subject to foreign currency exposure from the date of transaction to the related payment date. The hedges for these foreign currency accounts receivable and accounts payable are recorded in the Consolidated Balance Sheets at fair value. Gains or losses due to changes in fair value are recorded as an adjustment to earnings in the Consolidated Statements of Operations. Stock-Based Compensation The Company recognizes expense for all stock-based compensation with graded vesting on a straight-line basis over the vesting period of the entire award. Stock-based compensation plans are described more fully in Note 15, “Stock-Based Compensation.” Revenue Recognition Revenue is generally recognized and earned when all the following criteria are satisfied with regard to a specific transaction: persuasive evidence of a sales arrangement exists; the price is fixed or determinable; collectability of cash is reasonably assured; and delivery has occurred or services have been rendered. Shipping and handling fees are reflected in net sales, and shipping and handling costs are reflected in cost of sales in the Consolidated Statements of Operations. The Company enters into transactions with customers that provide for residual value guarantees and buyback commitments on certain transactions. The Company records transactions which it provides significant residual value guarantees and any buyback commitments as operating leases. Net revenues in connection with the initial transactions are recorded as deferred revenue and are amortized to income on a straight-line basis over a period equal to that of the customer’s third party financing agreement. See Note 18, “Guarantees.” The Company also leases cranes to customers under operating lease terms. Revenue from operating leases is recognized ratably over the term of the lease, and leased cranes are depreciated over their estimated useful lives. Research and Development Research and development costs are charged to expense as incurred and amounted to $37.9 million, $44.5 million and $57.6 million for the years ended December 31, 2017, 2016 and 2015, respectively. Research and development costs include salaries, materials, contractor fees and other administrative costs. Income Taxes The Company utilizes the liability method to recognize deferred tax assets and liabilities for the expected future income tax consequences of events that have been recognized in the Company’s financial statements. Under this method, deferred tax assets and liabilities are determined based on the temporary difference between financial statement carrying amounts and the tax basis of assets and liabilities using enacted tax rates in effect in the years in which the temporary differences are expected to reverse. Valuation allowances are provided for deferred tax assets where it is considered more likely than not that the Company will not realize the benefit of such assets. The Company evaluates its uncertain tax positions as new information becomes available. Tax benefits are recognized to the extent a position is more likely than not to be sustained upon examination by the taxing authority. On December 22, 2017, the President of the United States signed into law the Tax Cuts and Jobs Act (the “Tax Reform Act”). Further information on the tax impacts of the Tax Reform Act is included in Note 12, “Income Taxes,” of the Company’s consolidated financial statements. Earnings Per Share Basic earnings per share is computed by dividing net earnings attributable to Manitowoc by the weighted average number of common shares outstanding during each year or period. Diluted earnings per share is computed similar to basic earnings per share except that the weighted average shares outstanding is increased to include shares of restricted stock, performance shares and the number of additional shares that would have been outstanding if stock options were exercised and the proceeds from such exercise were used to acquire shares of common stock at the average market price during the year or period. Comprehensive Income (Loss) Comprehensive income (loss) includes, in addition to net earnings, other items that are reported as direct adjustments to Manitowoc stockholders’ equity. These items are foreign currency translation adjustments, employee postretirement benefit adjustments and the change in fair value of certain derivative instruments. Concentration of Credit Risk Credit extended to customers through trade accounts receivable potentially subjects the Company to risk. This risk is limited due to the large number of customers and their dispersion across various industries and many geographical areas. However, a significant amount of the Company’s receivables are with distributors and contractors in the construction industry, customers servicing the U.S. steel industry and government agencies. The Company currently does not foresee a significant credit risk associated with these individual groups of receivables but continues to monitor the exposure, if any. Recent Accounting Changes and Pronouncements In August 2017, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2017-12 “Targeted Improvements to Accounting for Hedging Activities,” which amends ASC 815, “Derivatives and Hedging.” The purpose of this ASU is to better align a company’s risk management activities and financial reporting for hedging relationships, simplify the hedge accounting requirements, and improve the disclosures of hedging arrangements. The effective date is fiscal 2019, with early adoption permitted. The Company is evaluating the impact the adoption of this ASU will have on its consolidated financial statements. In May 2017, the FASB issued ASU No. 2017-09 “Compensation - Stock Compensation (Topic 718): Scope of Modification Accounting,” to provide clarity and reduce both diversity in practice and cost complexity when applying the guidance in Topic 718 to a change to the terms and conditions of a stock-based payment award. ASU 2017-09 also provides guidance about the types of changes to the terms or conditions of a share-based payment award that require an entity to apply modification accounting in accordance with Topic 718. The standard is effective for annual periods beginning after December 15, 2017, and for interim periods therein. Early adoption is permitted. The Company is evaluating the impact the adoption of this ASU will have on its consolidated financial statements. In March 2017, the FASB issued ASU No. 2017-08 “Receivables - Nonrefundable Fees and Other Costs (Subtopic 310-20): Premium Amortization on Purchased Callable Debt Securities,” to shorten the amortization period for the premium to the earliest call date instead of the contractual life of the instrument. This new guidance will be effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2018 with early adoption permitted. Entities will be required to apply the new guidance using the modified retrospective method with a cumulative-effect adjustment to retained earnings upon the adoption date. The Company is evaluating the impact the adoption of this ASU will have on its consolidated financial statements. In March 2017, the FASB issued ASU No. 2017-07 “Compensation - Retirement Benefits (Topic 715): Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost.” This ASU amends ASC 715, “Compensation – Retirement Benefits,” to require employers that present a measure of operating income in their statement of income to include only the service cost component of net periodic pension cost and net periodic postretirement benefit cost in operating expenses (together with other employee compensation costs). The other components of net benefit cost, including amortization of prior service cost/credit and settlement and curtailment effects, are to be included in nonoperating expenses. This ASU also allows only the service cost component of net benefit cost to be capitalized (for example, as a cost of inventory). The amendments in this ASU should be applied retrospectively for the presentation of the service cost component and the other components of net periodic pension cost and net periodic postretirement benefit cost in the income statement and prospectively, on and after the effective date, for the capitalization of the service cost component of net periodic pension cost and net periodic postretirement benefit in assets, and is effective for public companies for fiscal years beginning after December 15, 2017; early adoption is permitted. The Company is evaluating the impact the adoption of this ASU will have on its consolidated financial statements. In January 2017, the FASB issued ASU No. 2017-04 - “Intangibles – Goodwill and Other (Topic 350): Simplifying the Accounting for Goodwill Impairment.” This ASU simplifies the accounting for goodwill impairment. The guidance removes Step 2 of the goodwill impairment test, which required a hypothetical purchase price allocation. A goodwill impairment is now the amount by which a reporting unit’s carrying value exceeds its fair value, not to exceed the carrying amount of goodwill. ASU No. 2017-04 will be effective for annual or interim goodwill impairment tests in fiscal years beginning after December 15, 2019. Early adoption was permitted for any impairment tests performed after January 1, 2017, and the Company early adopted this ASU effective in the first quarter of 2017. The adoption of this ASU did not have a material impact on the Company's consolidated financial statements. In November 2016, the FASB issued ASU No. 2016-18 “Statement of Cash Flows (Topic 230): Restricted Cash (a consensus of the FASB Emerging Issues Task Force).” The amendments of this ASU address the diversity of presentation of restricted cash by requiring a statement of cash flows to explain the change during the period in the total cash, cash equivalents and amounts generally described as restricted cash or restricted cash equivalents. ASU 2016-18 will be effective for fiscal years beginning after December 15, 2017. The Company is evaluating the impact the adoption of this ASU will have on its consolidated financial statements. In October 2016, the FASB issued ASU No. 2016-16 - “Income Taxes (Topic 740): Intra-Entity Transfer of Assets Other than Inventory,” which requires the recognition of the income tax consequences of an intra-entity transfer of an asset, other than inventory, when the transfer occurs. ASU 2016-16 will be effective for fiscal years beginning after December 15, 2017. The Company is currently evaluating the impact of adopting this ASU on its consolidated financial statements. In August 2016, the FASB issued ASU No. 2016-15 - “Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments.” This Update addresses eight specific cash flow issues with the objective of reducing the existing diversity in practice and affects all entities required to present a statement of cash flows under Topic 230. This standard will be effective for fiscal years beginning after December 15, 2017, including interim periods within those fiscal years. The Company is evaluating the impact the adoption of this ASU will have on its consolidated financial statements. In May 2014, the FASB issued ASU No. 2014-09 - “Revenue from Contracts with Customers” (Topic 606), which supersedes the revenue recognition requirements in ASC 605, Revenue Recognition. This was further clarified with technical corrections issued within ASU 2015-14, ASU 2016-08, ASU 2016-10, ASU 2016-11, ASU 2016-12, ASU 2016-20, and ASU 2017-05. The new revenue recognition guidance was issued to provide a single, comprehensive revenue recognition model for all contracts with customer. Under the new guidance, an entity will recognize revenue to depict the transfer of promised goods or services to customer at an amount that the entity expects to be entitled to in exchange for those goods or services. A five-step model has been introduced for an entity to apply when recognizing revenue. The new guidance also includes enhanced disclosure requirements and is effective January 1, 2018. Entities have the option to apply the new guidance under a retrospective approach to each prior reporting period presented, or a modified retrospective approach with the cumulative effect of initially applying the new guidance recognized at the date of initial application within the Consolidated Statement of Changes in Stockholder's Equity. The Company will adopt the new guidance effective January 1, 2018, utilizing the modified retrospective approach. Based upon review of the Company's current revenue recognition practices, the Company did not identify any terms or conditions in the contracts reviewed which changed the Company’s pattern of revenue recognition than that recorded under the superseded guidance. The adoption of this ASU will not have a material impact on the Company's consolidated financial statements. In March 2016, the FASB issued ASU 2016-09 - “Compensation-Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting.” This update is part of the Simplification Initiative, and its objective is to identify, evaluate and improve areas of accounting principles generally accepted in the United States of America for which cost and complexity can be reduced while maintaining or improving usefulness of the information provided to users of financial statements. The update involves several aspects of the accounting for share-based payment transactions, including the income tax consequences, classification of awards as either equity or liabilities, and classification on the statement of cash flows. The effective date for this ASU is for annual periods beginning after December 15, 2016 and interim periods within those annual periods. The adoption of this ASU did not have a material impact on the Company's consolidated financial statements. In March 2016, the FASB issued ASU No. 2016-06 - “Derivatives and Hedging: Contingent Put and Call Options in Debt Instruments.” The amendments clarify the steps required to assess whether a call or put option meets the criteria for bifurcation as an embedded derivative. The ASU is effective for fiscal years and interim periods within those years beginning after December 15, 2016. The adoption of this ASU did not have a material impact on the Company's consolidated financial statements. In February 2016, the FASB issued ASU 2016-02 - “Leases”, which is intended to improve financial reporting on leasing transactions. This standard requires a lessee to record on the balance sheet the assets and liabilities for the rights and obligations created by lease terms of more than 12 months. This standard will be effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. The Company is evaluating the impact the adoption of this ASU will have on its consolidated financial statements. In January 2016, the FASB issued ASU 2016-01 - “Financial Instruments-Overall: Recognition and Measurement of Financial Assets and Financial Liabilities.” ASU 2016-01 amends various aspects of the recognition, measurement, presentation, and disclosure for financial instruments. Most significantly, ASU 2016-01 requires equity investments (except those accounted for under the equity method of accounting or those that result in consolidation of an investee) to be measured at fair value with changes in fair value recognized in net income (loss). ASU 2016-01 is effective for annual reporting periods, and interim periods within those years beginning after December 15, 2017. The Company is evaluating the impact the adoption of this ASU will have on its consolidated financial statements. In July 2015, the FASB issued ASU No. 2015-11 - “Inventory (Topic 330): Simplifying the Measurement of Inventory.” This update changes the guidance on accounting for inventory accounted for on a FIFO basis. Under the revised standard, an entity should measure FIFO inventory at the lower of cost and net realizable value. Net realizable value is the estimated selling prices in the ordinary course of business, less reasonably predictable costs of completion, disposal, and transportation. Subsequent measurement is unchanged for inventory measured on a LIFO basis. The amendments in this ASU are effective for fiscal years, and for interim periods within those fiscal years, beginning after December 15, 2016. The adoption of this ASU did not have a material impact on the Company's consolidated financial statements.

Discontinued Operations

Discontinued Operations	12 Months Ended
	Dec. 31, 2017
Discontinued Operations And Disposal Groups [Abstract]
Discontinued Operations	3. Discontinued Operations On March 4, 2016, Manitowoc completed the Spin-Off of MFS. The financial results of MFS are presented as income (loss) from discontinued operations, net of income taxes in the Consolidated Statements of Operations. Concurrent with the Spin-Off, the Company received a $1,361.7 million dividend from MFS. The following table presents the financial results of MFS through the date of the Spin-Off for the indicated periods and do not include corporate overhead allocations: Major classes of line items constituting earnings from discontinued operations before income taxes related to MFS (in millions) 2016 2015 Net sales $ 219.6 $ 1,570.1 Cost of sales 141.5 1,065.6 Engineering, selling and administrative expenses 48.3 271.3 Amortization of intangible assets 5.2 31.4 Asset impairment expense — 9.0 Restructuring expense 0.3 4.6 Separation expense 27.7 39.4 Other — 0.9 Total operating costs and expenses 223.0 1,422.2 Operating (loss) income (3.4 ) 147.9 Other (expense) income (2.2 ) 23.4 (Loss) income from discontinued operations before income taxes (5.6 ) 171.3 Provision for taxes on income 0.6 35.9 (Loss) income from discontinued operations, net of income taxes (1) $ (6.2 ) $ 135.4 (1) For the year ended December 31, 2016 and 2015, the Company recorded net (losses) income of $(1.0) million and $0.0 million, respectively, from various other businesses disposed of prior to 2014. This is presented for informational purposes only and does not necessarily reflect what the results of operations would have been had the businesses operated as stand-alone entities . No assets or liabilities of MFS are reflected on the Company's Consolidated Balance Sheet as of December 31, 2017 and 2016. Manitowoc and MFS entered into several agreements in connection with the Spin-Off, including a transition services agreement (“TSA”), separation and distribution agreement, tax matters agreement, intellectual property matters agreement and an employee matters agreement. Pursuant to the TSA, Manitowoc, MFS and their respective subsidiaries are providing various services to each other on an interim, transitional basis. Services being provided by Manitowoc include, among others, finance, information technology and certain other administrative services. The services generally commenced on March 4, 2016, and all have terminated. Billings by Manitowoc under the TSA were recorded as a reduction of the costs to provide the respective service in the applicable expense category. Separation costs recorded by the Company during the twelve months ended December 31, 2017 related to the Spin-Off were not material. During the twelve months ended December 31, 2016 and 2015, the Company recorded $27.7 million and $39.4 million, respectively, of separation costs related to the Spin-Off. Separation costs consisted primarily of professional and consulting fees and were included in the results of discontinued operations.

Fair Value of Financial Instrum

Fair Value of Financial Instruments	12 Months Ended
	Dec. 31, 2017
Fair Value Disclosures [Abstract]
Fair Value of Financial Instruments	4. Fair Value of Financial Instruments The following tables set forth the Company’s financial assets and liabilities that were accounted for at fair value as of December 31, 2016 by level within the fair value hierarchy. At December 31, 2017, there was an immaterial amount of financial assets and liabilities that were accounted for at fair value. Financial assets and liabilities are classified in their entirety based on the lowest level of input that is significant to the fair value measurement. Fair Value as of December 31, 2016 (in millions) Level 1 Level 2 Level 3 Total Current Assets: Foreign currency exchange contracts $ — $ 0.2 $ — $ 0.2 Commodity contracts — 0.2 — 0.2 Total current assets at fair value $ — $ 0.4 $ — $ 0.4 Current Liabilities: Foreign currency exchange contracts $ — $ 1.0 $ — $ 1.0 Total current liabilities at fair value $ — $ 1.0 $ — $ 1.0 The fair value of the Company’s 12.750% senior secured second lien notes due 2021 (the “2021 Notes”) was approximately $297.3 million and $282.2 million as of December 31, 2017 and 2016, respectively. ASC Topic 820-10 defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. ASC Topic 820-10 classifies the inputs used to measure fair value into the following hierarchy: Level 1 Level 2 Unadjusted quoted prices for identical or similar assets or liabilities in markets that are not active, or Inputs other than quoted prices that are observable for the asset or liability Level 3 The Company endeavors to utilize the best available information in measuring fair value. Financial assets and liabilities are classified in their entirety based on the lowest level of input that is significant to the fair value measurement. The Company estimates fair value of its 2021 Notes based on quoted market prices of the instruments; because these markets are typically thinly traded, the liabilities are classified as Level 2 within the valuation hierarchy. The carrying values of cash and cash equivalents, accounts receivable, accounts payable, deferred purchase price notes on receivables sold (see Note 11, “Accounts Receivable Securitization”) and short-term variable debt, including any amounts outstanding under our revolving credit facility, approximate fair value, without being discounted as of December 31, 2017 and December 31, 2016 due to the short-term nature of these instruments. As a result of the Company’s global operating and financing activities, the Company is exposed to market risks from changes in interest rates, foreign currency exchange rates, and commodity prices, which may adversely affect its operating results and financial position. When deemed appropriate, the Company minimizes these risks through the use of derivative financial instruments. Derivative financial instruments are used to manage risk and are not used for trading or other speculative purposes, and the Company does not use leveraged derivative financial instruments. The foreign currency exchange, interest rate, and commodity contracts are valued through an independent valuation source which uses an industry standard data provider, with resulting valuations periodically validated through third-party or counterparty quotes. As such, these derivative instruments are classified within Level 2.

Inventories

Inventories	12 Months Ended
	Dec. 31, 2017
Inventory Disclosure [Abstract]
Inventories	5. Inventories The components of inventories at December 31, 2017 and December 31, 2016 are summarized as follows: (in millions) 2017 2016 Raw materials $ 122.0 $ 109.3 Work-in-process 94.3 88.4 Finished goods 227.7 270.9 Total inventories — gross 444.0 468.6 Excess and obsolete inventory reserve (47.9 ) (39.6 ) Net inventories $ 396.1 $ 429.0 As described in Note 2, in the fourth quarter of 2016, the Company elected to change its method of accounting for certain inventory in the U.S. from LIFO to FIFO. The Company applied this change in method of inventory costing by retrospectively adjusting the prior period financial statements. As a result of the retrospective adjustment of the change in accounting principle, certain amounts in the Company's consolidated financial statements for the year ended December 31, 2015 was adjusted as follows: For the year ended December 31, 2015 Impact of Change In millions (except per share data) Historical to FIFO As adjusted Cost of sales $ 1,537.0 $ (3.5 ) $ 1,533.5 Operating (loss) income (15.9 ) 3.5 (12.4 ) Loss from continuing operations before taxes (114.5 ) 3.5 (111.0 ) Benefit for income taxes (42.6 ) 1.5 (41.1 ) Loss from continuing operations (71.9 ) 2.0 (69.9 ) Net (loss) income 63.5 2.0 65.5 Net (loss) income attributable to Manitowoc common shareholders 63.5 2.0 65.5 Basic (loss) income per share from continuing operations (2.11 ) 0.02 (2.06 ) Diluted (loss) income per share from continuing operations (2.11 ) 0.02 (2.06 ) The Consolidated Statements of Cash Flows for the year ended December 31, 2015 was adjusted as follows: For the year ended December 31, 2015 Impact of Change In millions Historical to FIFO As adjusted Net (loss) income $ 63.5 $ 2.0 $ 65.5 Deferred income taxes (5.9 ) 1.5 (4.4 ) Change in inventories, net (3.7 ) (3.5 ) (7.2 ) The tables above present selected financial information “as adjusted for impact of change to FIFO” and “historical,” which represents the results of operations prior to the change to FIFO but after the classification of MFS to discontinued operations.

Notes Receivable

Notes Receivable	12 Months Ended
	Dec. 31, 2017
Receivables [Abstract]
Notes Receivable	6. Notes Receivable Notes receivable balances as of December 31, 2017 and 2016, consisted primarily of amounts due to the Company's captive finance company in China and the remaining balance on the note from the 2014 sale of Manitowoc Dong Yue. During 2017, the Company renegotiated the terms of the note with Manitowoc Dong Yue to provide extended payment terms. As a result of the renegotiation, the entire balance of the Manitowoc Dong Yue note is included in long-term notes receivable in the Consolidated Balance Sheet as of December 31, 2017. As of December 31, 2017, the Company had current and long-term notes receivable in the amount of $31.1 million and $27.4 million, respectively. As of December 31, 2016, the Company had current and long-term notes receivable in the amount of $62.4 million and $21.1 million, respectively. Long-term notes receivable are included within other long-term assets on the Consolidated Balance Sheet.

Property, Plant and Equipment

Property, Plant and Equipment	12 Months Ended
	Dec. 31, 2017
Property Plant And Equipment [Abstract]
Property, Plant and Equipment	7. Property, Plant and Equipment The components of property, plant and equipment at December 31, 2017 and December 31, 2016 are summarized as follows: (in millions) 2017 2016 Land $ 25.4 $ 23.6 Building and improvements 196.4 $ 225.0 Machinery, equipment and tooling 263.6 $ 292.6 Furniture and fixtures 15.6 $ 16.7 Computer hardware and software 114.4 $ 126.0 Rental cranes 90.2 $ 89.0 Construction in progress 17.3 $ 16.7 Total cost 722.9 789.6 Less accumulated depreciation (428.0 ) (480.8 ) Property, plant and equipment-net $ 294.9 $ 308.8 In the twelve months ended December 31, 2017 and 2016, the Company recorded $0.1 million and $96.9 million in asset impairment charges, respectively. See additional discussion of impairments in Note 19, “Restructuring and Asset Impairments.” Assets Held for Sale The Company has classified the Manitowoc, Wisconsin manufacturing building and Corporate headquarters as held for sale on the consolidated balance sheet. The net book value of assets held for sale were $25.0 million as of December 31, 2017 and are included in other current assets on the balance sheet. No assets were classified as held for sale on the balance sheet as of December 31, 2016. These assets were carried at the lesser of the original cost or fair value, less the estimated costs to sell. The fair values were determined by the Company to be Level 3 (see Note 4, “Fair Value of Financial Instruments,” for the definition of Level 3 inputs) under the fair value hierarchy and were estimated based on broker quotes and internal expertise related to current marketplace conditions.

Goodwill and Other Intangible A

Goodwill and Other Intangible Assets	12 Months Ended
	Dec. 31, 2017
Goodwill And Intangible Assets Disclosure [Abstract]
Goodwill and Other Intangible Assets	8. Goodwill and Other Intangible Assets The changes in carrying amount of goodwill for the years ended December 31, 2017 and December 31, 2016 are as follows: (in millions) Cranes Americas Europe and Africa ("EURAF") Middle East and Asia Pacific ("MEAP") Net balance as of January 1, 2016 $ 306.5 $ — $ — $ — Foreign currency impact (6.9 ) — — — Net balance as of December 31, 2016 299.6 — — — Foreign currency impact 16.5 — — — Reallocation of goodwill at October 31, 2017 (316.1 ) 166.5 81.5 68.1 Foreign currency impact — — 4.4 0.8 Net balance as of December 31, 2017 $ — $ 166.5 $ 85.9 $ 68.9 The Company accounts for goodwill and other intangible assets under the guidance of ASC Topic 350, “Intangibles — Goodwill and Other.” The Company performs impairment reviews for goodwill and indefinite-lived intangible assets using a fair-value method based on the present value of future cash flows, which involves management’s judgments and assumptions about the amounts of those cash flows and the discount rates used. The estimated fair value is then compared with the carrying amount of the reporting unit, including recorded goodwill, or indefinite-lived intangible asset. The intangible asset is then subject to risk of write-down to the extent that the carrying amount exceeds the estimated fair value. The annual goodwill and indefinite-lived assets impairment testing was performed during the fourth quarter. Based on the results of that test, no impairment was indicated. The Company will continue to monitor changes in circumstances and test more frequently if those changes indicate that assets might be impaired. A considerable amount of management judgment and assumptions are required in performing the impairment test, principally in determining the fair value of the reporting unit. While the Company believes the judgments and assumptions are reasonable, different assumptions could change the estimated fair value and, therefore, impairment charges could be required. Weakening industry or economic trends, disruptions to our business, unexpected significant changes or planned changes in the use of the assets or in entity structure may adversely impact the assumptions used in the valuations. The Company continually monitors market conditions and determines if any additional interim reviews of goodwill, other intangibles or long-lived assets are warranted. In the event the Company determines that assets are impaired in the future, the Company would recognize a non-cash impairment charge, which could have a material adverse effect on the Company’s Consolidated Balance Sheets and Results of Operations. The gross carrying amount and accumulated amortization of the Company’s intangible assets other than goodwill are as follows as of December 31, 2017 and December 31, 2016. December 31, 2017 December 31, 2016 (in millions) Gross Carrying Amount Accumulated Amortization Amount Net Book Value Gross Carrying Amount Accumulated Amortization Amount Net Book Value Trademarks and tradenames $ 99.7 $ — $ 99.7 $ 92.4 $ — $ 92.4 Customer relationships 10.7 (8.7 ) 2.0 10.3 (7.8 ) 2.5 Patents 30.6 (29.7 ) 0.9 28.5 (27.4 ) 1.1 Engineering drawings 10.8 (10.7 ) 0.1 10.0 (9.9 ) 0.1 Distribution network 19.5 (0.1 ) 19.4 18.0 — 18.0 Other intangibles 0.1 (0.1 ) — 0.2 (0.2 ) — $ 171.4 $ (49.3 ) $ 122.1 $ 159.4 $ (45.3 ) $ 114.1 Amortization of intangible assets for the years ended December 31, 2017, 2016 and 2015 was $0.8 million, $3.0 million and $3.0 million, respectively. Excluding the impact of any future acquisitions, divestitures or impairments, the Company anticipates amortization will be approximately $0.3 million per year through 2022.

Accounts Payable and Accrued Ex

Accounts Payable and Accrued Expenses	12 Months Ended
	Dec. 31, 2017
Payables And Accruals [Abstract]
Accounts Payable and Accrued Expenses	9. Accounts Payable and Accrued Expenses Accounts payable and accrued expenses at December 31, 2017 and December 31, 2016 are summarized as follows: (in millions) 2017 2016 Trade accounts payable $ 204.9 $ 157.7 Employee-related expenses 59.7 28.1 Accrued vacation 23.8 21.8 Miscellaneous accrued expenses 87.4 113.6 $ 375.8 $ 321.2

Debt

Debt	12 Months Ended
	Dec. 31, 2017
Debt Disclosure [Abstract]
Debt	10. Debt Outstanding debt at December 31, 2017 and December 31, 2016 is summarized as follows: (in millions) 2017 2016 Revolving credit facility $ — $ — Senior notes due 2021 251.9 249.8 Other 26.1 35.7 Deferred financing costs (3.1 ) (4.0 ) Total debt 274.9 281.5 Less current portion and short-term borrowings (8.2 ) (12.4 ) Long-term debt $ 266.7 $ 269.1 The balance sheet values of the 2021 Notes as of December 31, 2017 and 2016 are not equal to the face value of the 2021 Notes, $260.0 million, because of original issue discounts (“OID”) included in the applicable balance sheet values. As of December 31, 2017, the Company had outstanding $26.1 million of other indebtedness that has a weighted-average interest rate of approximately 5.4%. This debt includes balances on local credit lines and capital lease obligations. On March 3, 2016, the Company entered into a $225.0 million Asset Based Revolving Credit Facility (as amended, the “ABL Revolving Credit Facility”) with Wells Fargo Bank, N.A. as administrative agent, and JP Morgan Chase Bank, N.A. and Goldman Sachs Bank USA as joint lead arrangers. The ABL Revolving Credit Facility capacity calculation is defined in the Agreement and dependent on the fair value of inventory and fixed assets of the loan parties, which secure the borrowings. The ABL Revolving Credit Facility has a term of 5 years, and includes a $75.0 million Letter of Credit sublimit, $10.0 million of which can be applied to the German borrower. In October 2016, the ABL Revolving Credit Facility was amended to accommodate certain previously restricted activates related to the relocation of the Company’s manufacturing operations from Manitowoc, Wisconsin to Shady Grove, Pennsylvania. Among other things, the amendment allows the Company to transfer, sell and/or impair fixed assets located at the Wisconsin facility with limited impact on the availability under the facility. In April 2017, the ABL Revolving Credit Facility was amended to modify several definitions regarding eligible equipment and inventory as it relates to a key financial partner of the Company. The amendment has had, and is expected to continue to have, a minimal impact on the Company’s daily operations and borrowing limits. In December 2017, the Company notified the Administrative Agent of its intent to sell its Corporate headquarters in Manitowoc, Wisconsin, and the ABL Revolving Credit Facility was amended to permit that transaction and related restructuring activities. As of December 31, 2017, the Company did not have an outstanding balance on the ABL Revolving Credit Facility. During the year ended December 31, 2017, the highest daily borrowing was $59.5 million and the average borrowing was $18.4 million, while the average annual interest rate was 3.20%. The interest rate of the ABL Revolving Credit Facility fluctuates based on excess availability. As of December 31, 2017, the spreads for London interbank offer rate and prime rate borrowings were 1.50% and 0.50%, respectively, with excess availability of approximately $103.6 million, which represents revolver borrowing capacity of $118.1 million less U.S. letters of credit outstanding of $14.4 million. The ABL Revolving Credit Facility replaced the $1,050.0 million Third Amended and Restated Credit Agreement (the “Prior Senior Credit Facility”), which was entered into on January 3, 2014. The Prior Senior Credit Facility included three different loan facilities. The first was a revolving facility in the amount of $500.0 million, with a term of five years. The second facility was a Term Loan A in the aggregate amount of $350.0 million, with a term of five years. The third facility was a Term Loan B in the amount of $200.0 million, with a term of seven years. In the first quarter of 2016, the Company terminated the Prior Senior Credit Faciality along with $175.0 million notional amount of float-to-fixed interest rate swaps related to one of its prior term loans, resulting in a loss of $5.9 million for the write-off of deferred financing expenses and $4.3 million for the termination of interest rate swaps. Prior to termination of the Prior Senior Credit Facility in March 2016, the highest daily borrowing was $234.0 million, the average borrowing was $117.4 million, and the average annual interest rate was 3.5%. On February 18, 2016, the Company entered into an indenture with Wells Fargo Bank, N.A., as trust and collateral agent, and completed the sale of $260.0 million aggregate principal amount of its 2021 Notes. Interest on the 2021 Notes is payable semi-annually in February and August of each year. The 2021 Notes were sold pursuant to exemptions from registration under the Securities Act of 1933. Both the ABL Revolving Credit Facility and indenture governing the 2021 Notes include customary covenants and events of default which include, without limitation, restrictions on indebtedness, capital expenditures, restricted payments, disposals, investments and acquisitions. Additionally, the ABL Revolving Credit Facility contains a Fixed Charge Coverage springing financial covenant, which measures the ratio of (i) consolidated earnings before interest, taxes, depreciation, amortization and other adjustments as defined in the credit agreement, to (ii) fixed charges, as defined in the related credit agreement. The financial covenant is triggered only if the Company fails to maintain minimum levels of availability under the credit facility. If triggered, the Company must maintain a Minimum Fixed Charge Coverage Ratio of 1.00 to 1. On March 3, 2016, the Company redeemed its former 8.50% Senior Notes due 2020 (the “Prior 2020 Notes”) and 5.875% Senior Notes due 2022 (the “Prior 2022 Notes”) for $625.5 million and $330.5 million, or 104.250% and 110.167% as expressed as a percentage of the principal amount, respectively. The redemption of the Prior 2020 Notes resulted in a loss on debt extinguishment of $31.5 million during the first quarter of 2016 and consisted of $24.6 million related to redemption premium and $6.9 million related to write-off of deferred financing fees. Previously monetized derivative assets related to fixed-to-float interest rate swaps were treated as an increase to the debt balance of the Prior 2020 Notes and were being amortized to interest expense over the life of the original swap. As a result of the redemption, the remaining monetization balance of $11.8 million as of March 3, 2016 was amortized as a reduction to interest expense during the first quarter of 2016. The redemption of the Prior 2022 Notes resulted in a loss on debt extinguishment of $34.6 million during the first quarter of 2016 and consisted of $31.2 million related to redemption premium and $3.4 million related to write-off of deferred financing fees. Previously, derivative liabilities related to termination of fixed-to-float swaps were treated as a decrease to the debt balance of the Prior 2022 Notes and were being amortized to interest expense over the life of the original swap. As a result of the redemption, the remaining balance of $0.7 million as of March 3, 2016 was amortized as an increase to interest expense during the first quarter of 2016. Outstanding balances under the Company's Prior Senior Credit Facility, Prior 2020 Notes and Prior 2022 Notes were repaid with proceeds from the 2021 Notes and a cash dividend from MFS in conjunction with the Spin-Off. The aggregate scheduled maturities of outstanding debt obligations in subsequent years are as follows (in millions): Year 2018 $ 8.2 2019 6.7 2020 3.8 2021 266.2 2022 0.4 Thereafter 0.7 Total $ 286.0 • The table of scheduled maturities above does not agree to the Company’s total debt as of December 31, 2017 as shown on the Consolidated Balance Sheet due to $8.0 million of OID and $3.1 million of deferred financing costs. As of December 31, 2017, the Company was in compliance with all affirmative and negative covenants in its debt instruments, inclusive of the financial covenants pertaining to the ABL Revolving Credit Facility and 2021 Notes. Based upon management’s current plans and outlook, the Company believes it will be able to comply with these covenants during the subsequent twelve months.

Accounts Receivable Securitizat

Accounts Receivable Securitization	12 Months Ended
	Dec. 31, 2017
Transfers And Servicing [Abstract]
Accounts Receivable Securitization	11. Accounts Receivable Securitization The Company maintains an accounts receivable securitization program with a commitment size of $75.0 million, whereby transactions under the program are accounted for as sales in accordance with ASC Topic 860, “Transfers and Servicing.” On March 3, 2016, the Company replaced the Fifth Amended and Restated Receivables Purchase Agreement dated December 15, 2014 (“Prior RPA”) and entered into a Receivables Purchase Agreement (“RPA”) among Manitowoc Funding, LLC (“MTW Funding”), as Seller, The Manitowoc Company, Inc., as Servicer, and Wells Fargo Bank, N.A., as Purchaser and as Agent. Under the RPA (and the related Purchase and Sale Agreements referenced in the RPA), the Company’s domestic trade accounts receivable are sold to MTW Funding which, in turn, sells, conveys, transfers and assigns to a third-party financial institution (“Purchaser”) all of MTW Funding's rights, title and interest in a pool of receivables. The Purchaser receives ownership of the pool of receivables in each instance. New receivables are purchased by MTW Funding and resold to the Purchaser to replace previously sold investments discharged through normal cash collection processes. The Company acts as the servicer (in such capacity, the “Servicer”) of the receivables and, as such, administers, collects and otherwise enforces the receivables. The Servicer is compensated for doing so on terms that are generally consistent with what would be charged by an unrelated servicer. The Servicer initially receives payments made by obligors on the receivables but is required to remit those payments to the Purchaser in accordance with the RPA. Trade accounts receivables sold to the Purchaser and being serviced by the Company totaled $695.2 million and $600.3 million as of December 31, 2017 and 2016, respectively. Cash proceeds received from customers related to the receivables previously sold for the twelve months ended December 31, 2017 and 2016 were $645.5 million and $627.2 million, respectively. Sales of trade receivables under the program reflected as a reduction of accounts receivable in the accompanying Consolidated Balance Sheets were $31.8 million and $19.5 million as of December 31, 2017 and 2016, respectively. The proceeds received, including collections on the deferred purchase price notes, are included in cash flows from operating activities in the accompanying Consolidated Statements of Cash Flows. The Company deems the interest rate risk related to the deferred purchase price notes to be de minimis, primarily because the average collection cycle of the related receivables is less than 60 days; and as such, the fair value of the Company’s deferred purchase price notes approximates book value. The fair value of the deferred purchase price notes recorded as of December 31, 2017 and December 31, 2016 was $60.6 million and $30.6 million, respectively, and is included in accounts receivable in the accompanying Consolidated Balance Sheets. The securitization program contains customary affirmative and negative covenants. Among other restrictions, these covenants require the Company to meet specified financial tests, which include a minimum fixed charge coverage ratio which is the same as the covenant ratio required per the ABL Revolving Credit Facility. As of December 31, 2017, the Company was in compliance with all affirmative and negative covenants inclusive of the financial covenants pertaining to the RPA, as amended. Based on management’s current plans and outlook, the Company believes it will be able to comply with these covenants during the subsequent twelve months. The Company's Prior RPA was entered into on December 15, 2014. Under the Prior RPA (and the related Purchase and Sale Agreements referenced in the Prior RPA), the Company’s domestic trade accounts receivable were sold to certain affiliates of the Company which, in turn, then sold, conveyed, transferred and assigned to a third-party financial institution, all of the right, title and interest in and to the pool of receivables. The Prior RPA was subsequently amended to make various changes; such as in the originators and servicers thereunder and in the obligations of various MFS-related entities, generally in anticipation of the Spin-Off.

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2017
Income Tax Disclosure [Abstract]
Income Taxes	12. Income Taxes Income (loss) from continuing operations are summarized below: (in millions) 2017 2016 2015 (Loss) income from continuing operations before income taxes: Domestic $ (98.5 ) $ (293.0 ) $ (184.0 ) Foreign 59.0 24.9 73.0 Total $ (39.5 ) $ (268.1 ) $ (111.0 ) Income tax provision (benefit) from continuing operations is summarized as follows: (in millions) 2017 2016 2015 Current: Federal and state $ (12.8 ) $ (13.0 ) $ (48.6 ) Foreign 7.4 12.1 11.9 Total current $ (5.4 ) $ (0.9 ) $ (36.7 ) Deferred: Federal and state $ (7.0 ) $ 98.7 $ (8.3 ) Foreign (37.1 ) 2.7 3.9 Total deferred $ (44.1 ) $ 101.4 $ (4.4 ) Provision (benefit) for taxes on income $ (49.5 ) $ 100.5 $ (41.1 ) The federal statutory income tax rate is reconciled to the Company’s effective income tax rate for continuing operations for the years ended December 31, 2017, 2016 and 2015 as follows: 2017 2016 2015 Federal income tax at statutory rate 35.0 % 35.0 % 35.0 % State income provision (benefit) 16.3 2.3 5.7 Manufacturing & research incentives 7.9 2.0 (0.4 ) Taxes on foreign income which differ from the U.S. statutory rate 41.5 2.4 8.3 Adjustments for unrecognized tax benefits 0.5 (4.0 ) 1.5 Adjustments for valuation allowances 287.7 (69.8 ) (8.5 ) Spin-off tax costs — (1.3 ) (1.8 ) U.S. Tax Reform (228.3 ) — — Other items (35.4 ) (4.1 ) (2.8 ) Effective tax rate 125.2 % (37.5 )% 37.0 % On December 22, 2017, the President of the United States signed into law the Tax Reform Act. The legislation significantly changes U.S. tax law by, among other things, lowering corporate income tax rates, and imposing a repatriation tax on deemed repatriated earnings of foreign subsidiaries. The Tax Reform Act permanently reduces the U.S. corporate income tax rate from a maximum of 35% to a flat 21% rate, effective January 1, 2018. As a result of the reduction in the U.S. corporate income tax rate from 35% to 21% under the Tax Reform Act, the Company revalued its ending net deferred tax assets and offsetting valuation allowance at December 31, 2017, resulting in a net tax benefit of $6.5 million. The Tax Reform Act provided for a one-time deemed mandatory repatriation of post-1986 undistributed foreign subsidiary earnings and profits (“E&P”) through the year ended December 31, 2017. The Company calculated a provisional $54.0 million of federal and state income tax expense for this item. After the utilization of net operating losses, the Company expects no U.S. cash tax impact. On December 22, 2017, the SEC staff issued Staff Accounting Bulletin No. 118 (“SAB 118”) to address the application of U.S. GAAP in situations when a registrant does not have the necessary information available, prepared, or analyzed (including computations) in reasonable detail to complete the accounting for certain income tax effects of the Tax Reform Act. The Company has recognized the provisional federal and state tax impacts related to deemed repatriated earnings and the revaluation of deferred tax assets and liabilities and included these amounts in its consolidated financial statements for the year ended December 31, 2017. The ultimate impact may differ from these provisional amounts, possibly materially, due to, among other things, additional analysis, changes in interpretations and assumptions the Company has made, additional regulatory guidance that may be issued, and actions the Company may take as a result of the Tax Reform Act. In addition, the Company is still analyzing its permanent reinvestment assertion in light of the Tax Reform Act. The accounting is expected to be complete in the fourth quarter of 2018. Beginning in 2018, the Tax Reform Act includes two new U.S. corporate tax provisions, the global intangible low-taxed income (“GILTI”) and the base-erosion and anti-abuse tax (“BEAT”) provisions. The GILTI provision require the Company to include in its U.S. income tax return foreign subsidiary earnings in excess of an allowable return on the foreign subsidiary’s tangible assets. The BEAT provision in the Tax Reform Act eliminate the deduction of certain base-erosion payments made to related foreign corporates, and impose a minimum tax if greater than regular tax. The Company is still evaluating the potential impact of the GILTI and BEAT provisions and accordingly has not recorded a provisional estimate for the year ended December 31, 2017. The 2017, 2016 and 2015 effective tax rates were favorably impacted by income earned in jurisdictions where the statutory rate was less than 35%. The rate reconciling items included above, when adjusted for actual dollar values, are consistent with prior year. The percentage impacts are higher in 2017 due to the lower consolidated pretax loss. As of each reporting date, the Company's management considers new evidence, both positive and negative, that could impact management's view with regard to future realization of deferred tax assets. Due to the Spin-Off that occurred in the first quarter of 2016, management reevaluated the deferred tax assets related to the domestic crane operations and determined that it was more likely than not that deferred tax assets related to its domestic crane operations were not realizable and the Company recorded a valuation allowance. The Company has recorded valuation allowances on the deferred tax assets in Brazil, China Leasing, Germany, India, Slovakia, U.K., and the U.S. as it is more likely than not that they will not be utilized. Also during 2017, the Company released a $40.2 million valuation allowance in France. The 2017 tax provision was impacted by a net decrease of $113.8 million related to valuation allowances in these jurisdictions, with the primary drivers being the French valuation allowance release noted above, Internal Revenue Service audit resolution of $13.7 million, and U.S. tax reform impact of $68.9 million. The Company will continue to periodically evaluate its valuation allowance requirements in light of changing facts and circumstances and may adjust its deferred tax asset valuation allowances accordingly. It is reasonably possible that the Company will either add to, or reverse a portion of its existing deferred tax asset valuation allowances in the future. Such changes in the deferred tax asset valuation allowances will be reflected in the current operations through the Company’s income tax provision and could have a material effect on operating results. For 2017, the only significant item included in Other items was the IRS audit resolution. For 2016, the only significant item included in Other items was the net operating loss. For 2015, no items included in Other items are individually, or when appropriately aggregated, significant. Note certain prior period numbers were reclassified to conform to current year presentation. Temporary differences and carryforwards that give rise to deferred tax assets and liabilities include the following items: (in millions) 2017 2016 Non-current deferred tax assets (liabilities): Inventories $ 16.5 $ 14.2 Accounts receivable (5.4 ) (4.6 ) Property, plant and equipment (9.7 ) 19.0 Intangible assets (33.8 ) (35.9 ) Deferred employee benefits 47.3 71.8 Product warranty reserves 5.5 6.1 Product liability reserves 5.0 7.8 Tax credits 6.7 4.9 Loss carryforwards 159.2 145.4 Deferred revenue 7.4 10.8 Transition tax (26.2 ) — Other 2.2 (1.7 ) Total non-current deferred tax assets 174.7 237.8 Less valuation allowance (162.3 ) (269.6 ) Net deferred tax assets (liabilities), non-current $ 12.4 $ (31.8 ) The net deferred tax assets (liabilities) are reflected in the Consolidated Balance Sheets for the years ended December 31, 2017 and December 31, 2016 as follows: (in millions) 2017 2016 Long-term income tax assets, included in other non-current assets $ 25.4 $ 4.8 Long-term deferred income tax liability (13.0 ) (36.6 ) Net deferred income tax asset (liability) $ 12.4 $ (31.8 ) The Company has not provided for additional U.S. state and foreign taxes on approximately $564.6 million of undistributed earnings of consolidated non-U.S. subsidiaries included in stockholders’ equity. Such earnings could become taxable upon sale or liquidation of these non-U.S. subsidiaries or upon dividend repatriation of cash balances. The amount of unrecognized tax liability on such earnings is not material. At December 31, 2017, approximately $83.1 million of the Company’s total cash and cash equivalents were held by its foreign subsidiaries. This cash is associated with earnings that the Company has asserted are permanently reinvested. The Company has no current plans to repatriate cash or cash equivalents held by its foreign subsidiaries because it plans to reinvest such cash and cash equivalents to support its operations and continued growth plans outside the U.S. through the funding of capital expenditures, acquisitions, research, operating expenses or other similar cash needs of these operations. Further, the Company does not currently forecast a need for these funds in the U.S. because its U.S. operations and debt service are supported by the cash generated by its U.S. operations. The Company has approximately $131.3 million of domestic federal loss carryforwards, which are available to reduce future domestic federal tax liabilities. The federal net operating loss carryforward expires 2036-2037. All of the domestic loss carryforwards are offset by a valuation allowance. The Company has approximately $657.3 million of state net operating loss carryforwards, which are available to reduce future state tax liabilities. These state net operating loss carryforwards expire at various times through 2037. The Company has recorded a full valuation allowance related to the state net operating losses. The Company has approximately $396.5 million of foreign loss carryforwards, which are available to reduce future foreign tax liabilities. Substantially all of the foreign loss carryforwards are not subject to any time restrictions on their future use, and $242.9 million are offset by a valuation allowance. The Company or one of its subsidiaries files income tax returns in the U.S. federal jurisdiction, and various state and foreign jurisdictions. The following table provides the open tax years for which the Company could be subject to income tax examination by the tax authorities in its major jurisdictions: Jurisdiction Open Years U.S. Federal 2012 — 2017 China 2007 — 2017 France 2013 — 2017 Germany 2011 — 2017 Among other regular and ongoing examinations by federal and state jurisdictions globally, the Company closed the audit with the Internal Revenue Service for calendar years 2012 to 2014. The statute is still open for these years; however, no adjustments are anticipated. There have been no significant developments with respect to the Company’s ongoing tax audits in other jurisdictions. The Company regularly assesses the likelihood of an adverse outcome resulting from examinations to determine the adequacy of its tax reserves. As of December 31, 2017, the Company believes that it is more likely than not that the tax positions it has taken will be sustained upon the resolution of its audits resulting in no material impact on its consolidated financial position and the results of operations and cash flows. However, the final determination with respect to any tax audits, and any related litigation, could be materially different from the Company’s estimates and/or from its historical income tax provisions and accruals and could have a material effect on operating results and/or cash flows in the periods for which that determination is made. In addition, future period earnings may be adversely impacted by litigation costs, settlements, penalties, and/or interest assessments. During the years ended December 31, 2017, 2016 and 2015, the Company recorded a change to gross unrecognized tax benefits including interest and penalties of $(1.7) million, $4.9 million, and $(1.9) million, respectively. During the years ended December 31, 2017, 2016 and 2015, the Company recognized in the Consolidated Statements of Operations $0.3 million, $2.8 million, and $(0.5) million, respectively, for interest and penalties related to uncertain tax liabilities, which the Company recognizes as a part of income tax expense. As of December 31, 2017 and 2016, the Company has accrued interest and penalties of $7.7 million and $7.4 million, respectively. A reconciliation of the beginning and ending amount of unrecognized tax benefits for the years ended December 31, 2017, 2016 and 2015 is as follows: (in millions) 2017 2016 2015 Balance at beginning of year $ 21.5 $ 19.4 $ 20.8 Additions based on tax positions related to the current year 0.9 1.1 1.3 Additions for tax positions of prior years 4.9 5.0 0.2 Reductions for tax positions of prior years (0.5 ) (3.6 ) — Reductions based on settlements with taxing authorities (6.7 ) — — Reductions for lapse of statute (0.6 ) (0.4 ) (2.9 ) Balance at end of year $ 19.5 $ 21.5 $ 19.4 Approximately $13.1 million, $14.6 million, and $9.9 million of the Company’s unrecognized tax benefits as of December 31, 2017, 2016, and 2015 would affect the effective tax rate. Note certain prior period numbers were reclassified to conform to current year presentation. During the next twelve months, it is reasonably possible that federal, state and foreign tax audit resolutions could reduce unrecognized tax benefits and income tax expense by up to $9.0 million, either because the Company’s tax positions are sustained on audit or settled, or the applicable statute of limitations closes. The Company has a Tax Matters Agreement with Manitowoc Foodservice, Inc. that provides that MFS shall be liable for and shall indemnify the Company against certain U.S. (including states) and foreign income taxes resulting from tax obligations arising due to operations reported on a separate company basis prior to March 4, 2016, where MFS has retained the legal entity post Spin-Off. In addition, the Company is liable for and shall indemnify MFS against certain U.S. (including states) and foreign income taxes arising due to operations prior to March 4, 2016, where such taxes result from combined filings (i.e., when the legal entities of the Company filed as a combined group with legal entities of MFS prior to the Spin-Off) or relate to operations where the Company has retained the legal entity past separation.

Earnings Per Share

Earnings Per Share	12 Months Ended
	Dec. 31, 2017
Earnings Per Share [Abstract]
Earnings Per Share	13. Earnings Per Share Basic earnings (loss) per share is computed as net earnings (loss) divided by the basic weighted average common shares outstanding of 35.1 million, 34.4 million and 34.0 million for the year ended December 31, 2017, 2016 and 2015, respectively. The calculation of diluted earnings (loss) per share includes the effect of any dilutive equity incentive instruments. The Company uses the treasury stock method to calculate the effect of outstanding dilutive equity incentive instruments, which requires the Company to compute total proceeds as the sum of the amount the employee must pay upon exercise of the award and the amount of unearned stock-based compensation costs attributable to future services. Equity incentive instruments for which the total employee proceeds from exercise exceed the average fair value of the same equity incentive instrument over the period have an anti-dilutive effect on earnings per share during periods with net earnings, and accordingly, the Company excludes them from the calculation. Anti-dilutive equity instruments of approximately 36,300 common shares were excluded from the computation of diluted net earnings per share for the year ended December 31, 2017. Due to the net loss incurred during the year ended December 31, 2016 and 2015, the assumed exercise of all equity incentive instruments was anti-dilutive and, therefore, not included in the diluted loss per share calculation for these periods. The following is a reconciliation of the average shares outstanding used to compute basic and diluted earnings per share: 2017 2016 2015 Basic weighted average common shares outstanding 35,111,594 34,441,777 34,009,048 Effect of dilutive securities - stock awards 743,308 — — Diluted weighted average common shares outstanding 35,854,902 34,441,777 34,009,048

Equity

Equity	12 Months Ended
	Dec. 31, 2017
Equity [Abstract]
Equity	14. Equity Authorized capitalization consists of 75 million shares of $0.01 par value common stock and 3,500,000 shares of $0.01 par value preferred stock. None of the preferred shares have been issued. The amount and timing of any dividends are determined by the Board of Directors at its regular meetings each year, subject to limitations within the indenture governing the Company’s 2021 Notes and the Company’s ABL Revolving Credit Facility. No cash dividends were declared or paid in the years ended December 31, 2017 and 2016. In the year ended December 31, 2015, the Company paid an annual dividend of $0.08 per share in the fourth quarter. Currently, the Company has authorization to purchase up to .6 million shares of common stock at management’s discretion; however, the Company has certain restrictions from repurchasing shares of its capital stock or other equity interests under various covenants of its debt agreement. Further, the Company has not purchased any shares of its common stock under this authorization since 2006. The components of accumulated other comprehensive income (loss) as of December 31, 2017 and 2016 are as follows: (in millions) 2017 2016 Foreign currency translation $ (52.4 ) $ (110.8 ) Derivative instrument fair market value, net of income taxes of $(0.3) and $(0.3) 0.1 (0.3 ) Employee pension and postretirement benefit adjustments, net of income taxes of $(14.9) and $(19.0) (45.1 ) (51.8 ) $ (97.4 ) $ (162.9 ) A reconciliation for the changes in accumulated other comprehensive income (loss), net of tax, by component for the year ended December 31, 2016 and December 31, 2017 is as follows: (in millions) Gains and Losses on Cash Flow Hedges Pension & Postretirement Foreign Currency Translation Total Balance at December 31, 2015 $ (3.8 ) $ (82.6 ) $ (121.4 ) $ (207.8 ) Other comprehensive loss before reclassifications (2.9 ) (8.6 ) (20.4 ) (31.9 ) Amounts reclassified from accumulated other comprehensive loss 4.3 4.5 — 8.8 Net current period other comprehensive income (loss) 1.4 (4.1 ) (20.4 ) (23.1 ) Distribution of MFS 2.1 34.9 31.0 68.0 Balance at December 31, 2016 (0.3 ) (51.8 ) (110.8 ) (162.9 ) Other comprehensive income (loss) before reclassifications (0.3 ) 7.0 58.4 65.1 Amounts reclassified from accumulated other comprehensive income (loss) 0.7 (0.3 ) — 0.4 Net current period other comprehensive income 0.4 6.7 58.4 65.5 Balance at December 31, 2017 $ 0.1 $ (45.1 ) $ (52.4 ) $ (97.4 ) A reconciliation for the reclassifications out of accumulated other comprehensive income, net of tax, for the year ended December 31, 2017 is as follows: (in millions) Amount Reclassified from Accumulated Other Comprehensive Income Recognized Location Gains and losses on cash flow hedges Foreign exchange contracts $ (0.7 ) Cost of sales (0.7 ) Total before tax — Tax expense $ (0.7 ) Net of tax Amortization of pension and postretirement items Actuarial losses $ (5.2 ) (a) Amortization of prior service cost 1.3 (a) (3.9 ) Total before tax 4.2 Tax expense $ 0.3 Net of Tax Total reclassifications for the period $ (0.4 ) Net of Tax (a) These other comprehensive income components are included in the computation of net periodic pension cost (see Note 20, “Employee Benefit Plans,” for further details). A reconciliation for the reclassifications out of accumulated other comprehensive income, net of tax, for the year ended December 31, 2016 is as follows: (in millions) Amount Reclassified from Accumulated Other Comprehensive Income Recognized Location Gains and losses on cash flow hedges Foreign exchange contracts $ (0.9 ) Cost of sales Commodity contracts (0.2 ) Cost of sales Interest rate swap contracts: Float-to-fixed (4.3 ) Interest expense (5.4 ) Total before tax 1.1 Tax benefit $ (4.3 ) Net of tax Amortization of pension and postretirement items Actuarial losses $ (4.6 ) (a) Amortization of prior service cost (0.1 ) (a) (4.7 ) Total before tax 0.2 Tax benefit $ (4.5 ) Net of Tax Total reclassifications for the period $ (8.8 ) Net of Tax (a) These other comprehensive income components are included in the computation of net periodic pension cost (see Note 20, “Employee Benefit Plans,” for further details). A reconciliation for the reclassifications out of accumulated other comprehensive income, net of tax, for the year ended December 31, 2015 is as follows: (in millions) Amount Reclassified from Accumulated Other Comprehensive Income Recognized Location Gains and losses on cash flow hedges Foreign exchange contracts $ (11.7 ) Cost of sales Commodity contracts (4.0 ) Cost of sales Interest rate swap contracts: Float-to-fixed (2.6 ) Interest expense (18.3 ) Total before tax 6.8 Tax expense $ (11.5 ) Net of tax Amortization of pension and postretirement items Actuarial losses $ (7.5 ) (a) Amortization of prior service cost (0.1 ) (a) (7.6 ) Total before tax 2.1 Tax benefit $ (5.5 ) Net of Tax Total reclassifications for the period $ (17.0 ) Net of Tax (a) These other comprehensive income components are included in the computation of net periodic pension cost (see Note 20, “Employee Benefit Plans,” for further details).

Stock-Based Compensation

Stock-Based Compensation	12 Months Ended
	Dec. 31, 2017
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Stock-Based Compensation	15. Stock-Based Compensation The Company’s 2013 Omnibus Incentive Plan (the “2013 Omnibus Plan”) was approved by shareholders on May 7, 2013 and replaced the 2003 Incentive Stock and Awards Plan (the “2003 Stock Plan”) and 2004 Non-Employee Director Stock and Awards Plan (the “2004 Stock Plan”). The 2013 Omnibus Plan also replaced the Company’s Short-Term Incentive Plan (the “STIP”) as of December 31, 2013. The 2003 Stock Plan, the 2004 Stock Plan and the STIP are referred to as the “Prior Plans.” No new awards may be granted under the Prior Plans after the respective termination dates, but the Prior Plans continue to govern awards outstanding; outstanding awards will continue in force and effect until vested, exercised or forfeited pursuant to their terms. The 2013 Omnibus Plan provides for both short-term and long-term incentive awards for employees and non-employee directors. Stock-based awards may take the form of stock options, stock appreciation rights, restricted stock, restricted stock units, and performance share or performance unit awards. Following amendments to the 2013 Omnibus Plan to reflect the effect of the Spin-Off of MFS and the November 2017 1-for-4 reverse stock split, the total number of shares of the Company’s common stock available for awards under the 2013 Omnibus Plan is 7,477,395 shares. The 2003 Stock Plan and the 2013 Omnibus Plan provided for both short-term and long-term incentive awards for employees, and the 2013 Omnibus Plan also provided for granting of long-term incentive awards for non-employee members of the Board of Directors. Options granted prior to 2011 became exercisable in 25% increments beginning on the second anniversary of the grant date over a four-year period and expire ten years subsequent to the grant date. Option grants to employees beginning in 2011 became exercisable in 25% increments beginning on the first anniversary of the grant date over a four-year period and expire ten years subsequent to the grant date. Beginning in 2017, grants to officers and directors are exercisable in three annual increments over a three-year period beginning on the first anniversary of the date and expire 10 years subsequent to the grant date. Restrictions on restricted stock awards and restricted stock units granted to employees lapse 100% on the third anniversary of the grant date. Restrictions on restricted stock units granted to non-employee members of the Board of Directors lapse 100% on the second anniversary of the grant date. Performance shares are earned based on the extent to which performance goals are met over the applicable performance period. The performance goals and the applicable performance period vary for each grant year. An explanation of the performance goals and the applicable performance period for the 2016 and 2014 awards is set forth below. The 2004 Stock Plan provided for the granting of stock options to non-employee members of the Board of Directors. No new awards may be made under the 2004 Stock Plan. Stock options awarded under the plan were granted at an exercise price equal to the market price of the common stock at the date of grant and vest immediately and expire ten years subsequent to the grant date. Restrictions on restricted stock awarded to date under the plan lapse on the third anniversary of the award date. The Company recognizes expense for all stock-based compensation on a straight-line basis over the vesting period of the entire award. Total stock-based compensation expense recognized within engineering, selling and administrative expenses in the Consolidated Statements of Operations was $6.3 million, $4.9 million and $9.7 million during 2017, 2016 and 2015, respectively. In 2016, the Company also recognized $2.8 million of expense before tax related to restricted stock retention awards and modification of performance awards due to the Spin-Off, and $1.3 million of expense before tax related to the modification of stock awards associated with employee severance; these expenses are included in “other expense” and “restructuring expense,” respectively, within operating earnings in the Consolidated Statements of Operations. The Company recognized stock-based compensation expense before tax of $0.0 million, $0.3 million and $4.7 million related to MFS which is included in “(loss) income from discontinued operations” in the Consolidated Statements of Operations. Shares are issued out of treasury stock upon exercise for stock options and vesting of restricted stock awards and restricted stock units. Stock Options Any option grants to directors are exercisable immediately upon granting and expire ten years subsequent to the grant date. For all outstanding grants made to officers and employees prior to 2011, options become exercisable in 25% increments annually over a four-year period beginning on the second anniversary of the grant date and expire ten years subsequent to the grant date. Starting with 2011 grants to officers and directors, options become exercisable in 25% increments annually over a four-year period beginning on the first anniversary of the grant date and expire ten years subsequent to the grant date. Beginning in 2017, grants to officers and directors are exercisable in three annual increments over a three-year period beginning on the first anniversary of the date and expire 10 years subsequent to the grant date. The Company granted options to acquire 273,800, 439,741 and 151,827 shares of common stock during 2017, 2016 and 2015, respectively. Stock-based compensation expense is calculated by estimating the fair value of incentive and non-qualified stock options at the time of grant and is amortized over the stock options’ vesting period. The Company recognized $1.9 million, $1.8 million and $3.7 million of compensation expense before taxes associated with stock options during 2017, 2016 and 2015, respectively. A summary of the Company’s stock option activity is as follows ( the weighted average exercise price per share has been adjusted for the Spin-Off and November 2017 1-for-4 reverse stock split): Shares Weighted Average Exercise Price Aggregate Intrinsic Value Options outstanding as of January 1, 2016 1,397,571 $ 15.51 Granted 439,741 17.20 Exercised (712,514 ) 13.09 Forfeited (97,842 ) 16.38 Cancelled (61,056 ) 18.68 Options outstanding as of December 31, 2016 965,900 17.76 Granted 273,800 25.68 Exercised (258,699 ) 19.86 Forfeited (78,100 ) 20.16 Cancelled (26,536 ) 27.29 Options outstanding as of December 31, 2017 876,365 $ 19.13 $ 17.8 Options exercisable as of: December 31, 2017 372,206 $ 15.97 $ 8.7 The Company uses the Black-Scholes valuation model to value stock options. The Company used its historical stock prices as the basis for its volatility assumption for grants prior to the Spin-Off. For grants after the Spin-Off, the Company used an average of historical stock prices of selected peers. The assumed risk-free rates were based on ten-year U.S. Treasury rates in effect at the time of grant. The expected option life represents the period of time that the options granted are expected to be outstanding and is based on historical experience. As of December 31, 2017, the Company has $2.7 million of unrecognized compensation expense before tax related to stock options, which will be recognized over a weighted average period of 2.1 years. The weighted average fair value of options granted per share during the years ended December 31, 2017, 2016 and 2015 was $12.16, $8.20 and $43.72, respectively. The fair value of each option grant was estimated at the date of grant using the Black-Scholes option-pricing method with the following assumptions: 2017 2016 2015 Expected Life (years) 6.5 6.5 6.0 Risk-free Interest rate 2.2 % 1.6 % 1.8 % Expected volatility 45.0 % 45.0 % 56.0 % Expected dividend yield — % — % 0.3 % For the years ended December 31, 2017, 2016 and 2015, the total intrinsic value of stock options exercised was $3.0 million, $6.3 million and $5.6 million, respectively. Restricted Stock Awards The Company granted 80,548 of restricted stock awards to employees in 2015 as retention awards to provide incentive for the employees to continue in employment and contribute toward the successful completion of the separation. Under the retention agreements, the restricted shares will vest on the second anniversary of the Spin-Off if the employee has been continuously employed with the Company or an affiliate through that second anniversary. The Company recognized zero ($0.0), $1.8 million and $.3 million of compensation expense associated with restricted stock awards for the years ended December 31, 2017, 2016 and 2015, respectively. Restricted stock award expense is based on the fair value of the Company’s shares as of the grant date. A summary of activity for restricted stock awards for the year ended December 31, 2017 is as follows: Shares Weighted Average Grant Date Fair Value Unvested as of January 1, 2017 39,028 $ 86.92 Granted — — Vested (11,058 ) 86.92 Forfeited (5,544 ) 86.92 Unvested as of December 31, 2017 22,426 $ 86.92 As of December 31, 2017, the Company has zero ($0.0) of unrecognized compensation expense before tax related to restricted stock awards. Restricted Stock Units The Company granted 267,902, 362,293 and 111,840 of restricted stock units in 2017, 2016 and 2015, respectively. The restricted stock units are earned either based on service over the vesting period, or based on service over the vesting period and on the extent to which performance goals are met over the applicable performance period (“performance shares”). The performance goals and the applicable performance period vary for performance shares each grant year. The Company recognized $4.4 million, $4.0 million and $7.5 million of compensation expense associated with restricted stock units during 2017, 2016 and 2015, respectively. The restricted stock units granted to employees in 2017 generally vest on the third anniversary of the grant date, assuming continued employment. The restricted stock units granted to directors in 2017 vest on the second anniversary of the grant date, assuming continued service. The performance shares granted in 2017 are earned based on the extent to which performance goals are met by the Company over a three-year period from January 1, 2017 to December 31, 2019. The performance goals for the performance shares granted in 2017 were based fifty percent (50%) on total shareholder return relative to a peer group of companies over the three-year period and fifty percent (50%) on meeting targeted adjusted EBITDA margin at the end of the three-year period. Depending on the foregoing factors, the number of shares awarded could range from zero to approximately 230,000 for the 2017 performance share grants. For the performance awards, the expense is based on the fair value of the Company's shares as of the grant date for the adjusted EBITDA margin criteria and a Monte Carlo model for the total shareholder return criteria. The restricted stock units granted to employees in 2016 generally vest on the third anniversary of the grant date, assuming continued employment. The restricted stock units granted to directors in 2016 vest on the second anniversary of the grant date, assuming continued service. The performance shares granted in 2016 are earned based on the extent to which performance goals are met by the Company over a three-year period from January 1, 2016 to December 31, 2018. The performance goals for the performance shares granted in 2016 were based fifty percent (50%) on total shareholder return relative to a peer group of companies over the three-year period and fifty percent (50%) on return on invested capital over the three-year period. Depending on the foregoing factors, the number of shares awarded could range from zero to approximately 400,000 for the 2016 performance share grants. For the performance awards, the expense is based on the fair value of the Company's shares as of the grant date for the return on invested capital or adjusted EBITDA criteria and a Monte Carlo model for the total shareholder return criteria. The restricted stock units granted to employees in 2015 generally vest on the third anniversary of the grant date, assuming continued employment. The restricted stock units granted to directors in 2015 generally vest on the second anniversary of the grant date, assuming continued service. Performance shares were not granted in 2015 due to the anticipated Spin-Off. A summary of activity for restricted stock units for the year ended December 31, 2017 is as follows: Shares Weighted Average Grant Date Fair Value Unvested as of January 1, 2017 465,117 $ 44.08 Granted 267,902 25.87 Vested (72,891 ) 96.59 Forfeited (66,029 ) 27.72 Unvested as of December 31, 2017 594,099 $ 29.18 As of December 31, $4.3 million 1.8

Segments

Segments	12 Months Ended
	Dec. 31, 2017
Segment Reporting [Abstract]
Segments	16. Segments The Company reports segment information based on the “management” approach. The management approach designates the internal reporting used by the CEO, who is also the Company’s Chief Operating Decision Maker, for making decisions about the allocation of resources and assessing performance as the source of the Company’s reportable operating segments. Effective in the fourth quarter of 2017, the Company changed its operating segments, which are also the Company’s reportable segments, as a result of operational changes to flatten the organization and regionalize our sales approach. Prior to the operational changes, the Company had one reportable segment, Cranes. As a result of the operational changes, which were finalized and implemented in the fourth quarter of 2017, the business began to be managed on a regional basis. Under the regional operating structure, each geographic region is managed separately to better align with the location of the Company’s customers and the unique market dynamics of each geographic region. In the fourth quarter of fiscal 2017, the Company identified the Americas, EURAF, and MEAP as the reportable segments. The Americas operating segment includes the North American and South American continents. The EURAF operating segment includes the continents of Europe and Africa. The MEAP operating segment includes the Asia and Australian continents and the Middle East region. The accounting policies of the various segments are the same as those described in Note 2, “Summary of Significant Accounting Policies.” The CODM evaluates the performance of its reportable segments based on net sales and operating income. Net sales for geographic segments are based on the geographic region that sells the products. Operating income for each segment includes net sales to third parties, cost of sales directly attributable to the segment, and operating expenses directly attributable to the segment. Manufacturing variances generated within each reportable segment are maintained in each segment’s operating income. Operating income for each segment excludes other income and expense and certain expenses managed outside the reportable operating segments. Costs excluded from segment operating income include various corporate expenses such as stock-based compensation expenses, income taxes, nonrecurring charges and other separately managed general and administrative costs. The Company does not include intercompany sales between segments for management reporting purposes. The following table shows information by reportable segment for the years ended December 31, 2017, 2016 and 2015 (in millions): 2017 2016 2015 Net Sales Americas $ 693.6 $ 736.3 $ 941.3 EURAF 628.9 560.4 498.9 MEAP 258.8 316.4 425.5 Total $ 1,581.3 $ 1,613.1 $ 1,865.7 Segment Operating Income (Loss) Americas $ 6.8 $ (37.1 ) $ 22.5 EURAF 2.3 (36.5 ) (28.9 ) MEAP 32.9 44.8 60.5 Total $ 42.0 $ (28.8 ) $ 54.1 Depreciation Americas $ 18.6 $ 24.5 $ 28.4 EURAF 15.0 15.7 15.9 MEAP 3.8 4.6 5.4 Corporate 0.7 0.8 0.9 Total $ 38.1 $ 45.6 $ 50.6 Capital Expenditures Americas $ 10.6 $ 14.5 $ 26.9 EURAF 14.3 26.9 23.4 MEAP 3.9 4.5 3.7 Corporate 0.1 — 0.9 Total $ 28.9 $ 45.9 $ 54.9 A reconciliation of the Company’s segment operating income (loss) to the consolidated statement of operations for the years ended December 31, 2017, 2016 and 2015 was as follows (in millions): 2017 2016 2015 Segment operating income (loss) $ 42.0 $ (28.8 ) $ 54.1 Unallocated corporate expenses (36.9 ) (42.1 ) (62.8 ) Asset impairment expense — (77.4 ) — Restructuring expense (3.6 ) (2.0 ) (3.7 ) Other operating income (expense) - net (0.4 ) (3.0 ) — Total operating income (loss) $ 1.1 $ (153.3 ) $ (12.4 ) Net sales from continuing operations and long-lived asset information by geographic area as of and for the years ended December 31 are included below. Long-lived assets are defined as property, plant and equipment-net and other non-current assets, excluding goodwill, other intangible assets-net and deferred tax assets. Net Sales Long-Lived Assets (in millions) 2017 2016 2015 2017 2016 United States $ 618.5 $ 641.3 $ 784.5 $ 119.1 $ 152.9 Other North America 42.0 61.9 87.2 — — Europe 601.3 520.7 418.9 144.2 129.9 Asia 97.8 159.1 184.8 62.9 50.5 Middle East 102.6 119.6 193.8 1.3 1.4 Central and South America 27.1 24.9 63.7 9.3 10.8 Africa 27.6 39.7 80.0 — — Caribbean 6.0 8.2 5.9 — — Australia 58.4 37.7 46.9 0.3 0.4 Total $ 1,581.3 $ 1,613.1 $ 1,865.7 $ 337.1 $ 345.9 Net sales by product for 2017, 2016, and 2015 are as follows (in millions): 2017 2016 2015 Cranes $ 1,270.5 $ 1,311.1 $ 1,564.3 Aftermarket parts and other* 310.8 302.0 301.4 Total net sales $ 1,581.3 $ 1,613.1 $ 1,865.7 *Other revenue consists of revenue related to miscellaneous CraneCare services such as trainings and field service work.

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Dec. 31, 2017
Commitments And Contingencies Disclosure [Abstract]
Commitments and Contingencies	17. Commitments and Contingencies As of December 31, 2017, various product-related lawsuits were pending. To the extent permitted under applicable law, all of these are insured with self-insurance retention levels. The Company’s self-insurance retention levels vary by business, and have fluctuated over the last 10 years. The high-end of the Company’s self-insurance retention level is a legacy product liability insurance program inherited in the Grove acquisition for cranes manufactured in the United States for occurrences from January 2000 through October 2002. As of December 31, 2017, the largest self-insured retention level for new occurrences currently maintained by the Company is $2.0 million per occurrence and applies to product liability claims for cranes manufactured in the United States. Product liability reserves in the Consolidated Balance Sheets at December 31, 2017 and December 31, 2016 were $20.8 million and $21.7 million, respectively, which were estimated using a combination of actual case reserves and actuarial methods. Based on the Company’s experience in defending product liability claims, management believes the current reserves are adequate for estimated case resolutions on aggregate self-insured claims and insured claims. Any recoveries from insurance carriers are dependent upon the legal sufficiency of claims and solvency of insurance carriers. At December 31, 2017, and December 31, 2016, the Company had reserved $35.2 million and $28.6 million, respectively, for warranty claims included in product warranties and other non-current liabilities in the Consolidated Balance Sheets. Certain of these warranty and other related claims involve matters in dispute that ultimately are resolved by negotiations, arbitration, or litigation. See Note 18, “Guarantees,” for further information. The Company is involved in numerous lawsuits involving asbestos-related claims in which the Company is one of numerous defendants. After taking into consideration legal counsel’s evaluation of such actions, the current political environment with respect to asbestos related claims, and the liabilities accrued with respect to such matters, in the opinion of management, ultimate resolution is not expected to have a material adverse effect on the financial condition, results of operations, or cash flows of the Company. The Company is also involved in various legal actions arising out of the normal course of business, which, taking into account the liabilities accrued and legal counsel’s evaluation of such actions, in the opinion of management, the ultimate resolution of all matters is not expected to have a material adverse effect on the Company’s financial condition, results of operations, or cash flows. It is reasonably possible that the estimates for warranty costs, product liability, asbestos-related claims and other various legal matters may change in the near future based upon new information that may arise or matters that are beyond the scope of the Company’s historical experience. Presently, there are no reliable methods to estimate the amount of any such potential changes.

Guarantees

Guarantees	12 Months Ended
	Dec. 31, 2017
Guarantees [Abstract]
Guarantees	18. Guarantees The Company periodically enters into transactions with customers that provide for residual value guarantees and buyback commitments. These initial transactions are recorded as deferred revenue and are amortized to income on a straight-line basis over a period equal to that of the customer’s third-party financing agreement. The deferred revenue included in accounts payable and accrued expenses and non-current liabilities at December 31, 2017 and December 31, 2016 was $29.7 million and $30.4 million, respectively. The total amount of residual value guarantees and buyback commitments given by the Company and outstanding at December 31, 2017 and December 31, 2016 was $28.2 million and $32.8 million, respectively. These amounts are not reduced for amounts the Company would recover from repossessing and subsequent resale of the units. The residual value guarantees and buyback commitments expire at various times through 2019. In the normal course of business, the Company provides its customers a warranty covering workmanship, and in some cases materials, on products manufactured by the Company. Such warranty generally provides that products will be free from defects for periods ranging from 12 months to 60 months. If a product fails to comply with the Company’s warranty, the Company may be obligated, at its expense, to correct any defect by repairing or replacing such defective products. The Company provides for an estimate of costs that may be incurred under its warranty at the time product revenue is recognized. These costs primarily include labor and materials, as necessary, associated with repair or replacement. The primary factors that affect the Company’s warranty liability include the number of units shipped and historical and anticipated warranty claims. As these factors are impacted by actual experience and future expectations, the Company assesses the adequacy of its recorded warranty liability and adjusts the amounts as necessary. Below is a table summarizing the warranty activity for the years ended December 31, 2017 and 2016: (in millions) 2017 2016 Balance at beginning of period $ 28.6 $ 32.4 Accruals for warranties issued during the period 34.6 20.4 Settlements made (in cash or in kind) during the period (29.9 ) (23.7 ) Currency translation 1.9 (0.5 ) Balance at end of period $ 35.2 $ 28.6

Restructuring and Asset Impairm

Restructuring and Asset Impairments	12 Months Ended
	Dec. 31, 2017
Restructuring And Related Activities [Abstract]
Restructuring and Asset Impairments	19. Restructuring and Asset Impairments The Company initiated restructuring plans in 2015 to focus on its cranes business and Spin-Off of MFS. The Spin-Off was completed in the first quarter of 2016. Refer to Notes 1 and 3 for further information regarding the Spin-Off. The Company is continuing its restructuring activities to right-size the business by balancing capacity with demand. During the years ended December 31, 2017, 2016 and 2015, the Company incurred $27.2 million, $23.4 million and $9.4 million of restructuring expense, respectively. These costs related primarily to employee termination benefits associated with workforce reductions. The workforce reductions are part of ongoing manufacturing and operations rationalization programs, including the closure of the Company's manufacturing facility in Manitowoc, WI which was completed in 2017. The restructuring expense for the year ended December 31, 2017, and December 31, 2016 included $2.8 million and $2.3 million, respectively, of expense related to executive severance. The following is a roll-forward of the Company's restructuring activities for the twelve months ended December 31, 2017 (in millions): Restructuring Reserve Balance as of December 31, 2016 Restructuring Expenses Use of Reserve Reserve Reclassifications Restructuring Reserve Balance as of 2017 Total $ 8.2 $ 27.2 $ 28.8 $ 1.0 $ 5.6 The Company recorded $.1 million of asset impairment expense for the year ended December 31, 2017. In the year ended December 31, 2016, the Company recorded $96.9 million in asset impairment expense. This included a $13.8 million write-down to fair value related to the fixed assets of the Manitowoc, WI manufacturing facility. Further, during 2016, the Company, in conjunction with the decision to close the manufacturing location in Manitowoc, WI, made the decision to permanently stop any further work on implementing its SAP enterprise resource planning (“ERP”) platform, and recorded a write-off of $58.6 million related to SAP construction-in-progress and $18.6 million related to SAP and other information technology assets. The remainder of the impairment expense incurred in 2016 was related to other restructuring actions. Asset impairment expense for the year ended December 31, 2015 was $15.3 million. The impairment recorded in 2015 resulted from the write-down of manufacturing facilities in Brazil and Slovakia. Asset valuations are estimates and require assumptions and judgment by management. While the Company believes the estimates and assumptions are reasonable, a change in assumptions, including market conditions, could change the estimated fair value and, therefore, further impairment charges could be required.

Employee Benefit Plans

Employee Benefit Plans	12 Months Ended
	Dec. 31, 2017
Compensation And Retirement Disclosure [Abstract]
Employee Benefit Plans	20. Employee Benefit Plans The Company maintains three defined contribution retirement plans for its employees: (1) The Manitowoc Company, Inc. 401(k) Retirement Plan (the “Manitowoc 401(k) Retirement Plan”); (2) The Manitowoc Company, Inc. Retirement Savings Plan (the “Manitowoc Retirement Savings Plan”); and (3) The Manitowoc Company, Inc. Deferred Compensation Plan (the “Manitowoc Deferred Compensation Plan”). Each plan results in individual participant balances that reflect a combination of amounts contributed by the Company or deferred by the participant, amounts invested at the direction of either the Company or the participant, and the continuing reinvestment of returns until the accounts are distributed. Manitowoc 401(k) Retirement Plan The Manitowoc 401(k) Retirement Plan is a tax-qualified retirement plan that is available to substantially all non-union U.S. employees of Manitowoc, its subsidiaries and related entities. The Manitowoc 401(k) Retirement Plan allows employees to make both pre- and post-tax elective deferrals, subject to certain limitations under the Internal Revenue Code of 1986, as amended (the “Tax Code”). The Company also has the right to make the following additional contributions: (1) a safe harbor matching contribution and (2) an additional contribution, which may or may not be made at the full discretion of the Company and for which the value will be fully determined by the Company. Each participant in the Manitowoc 401(k) Retirement Plan is allowed to direct the investment of that participant’s account among a diverse mix of investment funds, including a Company stock alternative. To the extent that any funds are invested in Company stock, that portion of the Manitowoc 401(k) Retirement Plan is an employee stock ownership plan, as defined under the Tax Code (an “ESOP”). The terms governing the retirement benefits under the Manitowoc 401(k) Retirement Plan are the same for the Company’s executive officers as they are for other eligible employees in the U.S. Manitowoc Retirement Savings Plan The Manitowoc Retirement Savings Plan is a tax-qualified retirement plan that is available to certain collectively bargained U.S. employees of Manitowoc, its subsidiaries and related entities. The Manitowoc Retirement Savings Plan allows employees to make both pre- and post-tax elective deferrals, subject to certain limitations under the Tax Code. The Company also has the right to make the following additional contributions: (1) a matching contribution based upon individual employee deferrals; and (2) an additional discretionary or fixed Company contribution. Each participant in the Manitowoc Retirement Savings Plan is allowed to direct the investment of that participant’s account among a diverse mix of investment funds, including a Company stock alternative. To the extent that any funds are invested in Company stock, that portion of the Manitowoc Retirement Savings Plan is an ESOP. The Company’s executives are not eligible to participate in the Manitowoc Retirement Savings Plan. Company contributions to the plans are based upon formulas contained in the plans. Total costs incurred under these plans were $1.5 million, $1.9 million and $3.2 million for the years ended December 31, 2017, 2016 and 2015, respectively. Manitowoc Deferred Compensation Plan The Manitowoc Deferred Compensation Plan is a non-tax-qualified supplemental deferred compensation plan for highly compensated and key management employees and for directors. The Company maintains the Manitowoc Deferred Compensation Plan to allow eligible individuals to save for retirement in a tax-efficient manner despite Tax Code restrictions that would otherwise impair their ability to do so under the Manitowoc 401(k) Retirement Plan. The Manitowoc Deferred Compensation Plan also assists the Company in retaining those key employees and directors. The Manitowoc Deferred Compensation Plan accounts are credited with: (1) elective deferrals made at the request of the individual participant; and/or (2) a discretionary Company contribution for each individual participant. Although unfunded within the meaning of the Tax Code, the Manitowoc Deferred Compensation Plan utilizes a rabbi trust to hold assets intended to satisfy the Company’s corresponding future benefit obligations. Each participant in the Manitowoc Deferred Compensation Plan is credited with interest based upon individual elections from amongst a diverse mix of investment funds that are intended to reflect investment funds similar to those offered under the Manitowoc 401(k) Retirement Plan, including Company stock. Participants do not receive preferential or above-market rates of return under the Manitowoc Deferred Compensation Plan. Plan participants are able to direct deferrals and Company matching contributions into two separate investment programs, Program A and Program B. The investment assets in Program A and B are held in two separate Deferred Compensation Plans, which restrict the Company’s use and access to the funds, but which are also subject to the claims of the Company’s general creditors in rabbi trusts. Program A invests solely in the Company’s stock; dividends paid on the Company’s stock are automatically reinvested; and all distributions must be made in Company stock. Program B offers a variety of investment options but does not include Company stock as an investment option. All distributions from Program B must be made in cash. Participants cannot transfer assets between programs. Program A is accounted for as a plan that does not permit diversification. As a result, the Company stock held by Program A is classified in equity in a manner similar to accounting for treasury stock. The deferred compensation obligation is classified as an equity instrument. Changes in the fair value of the Company’s stock and the compensation obligation are not recognized. The asset and obligation for Program A were zero ($0.0) at both December 31, 2017 and 2016. Program B is accounted for as a plan that permits diversification. As a result, the assets held by Program B are classified as an asset in the Consolidated Balance Sheets and changes in the fair value of the assets are recognized in earnings. The deferred compensation obligation is classified as a liability in the Consolidated Balance Sheets and adjusted, with a charge or credit to compensation cost, to reflect changes in the fair value of the obligation. The assets, which are included in other non-current assets, and obligation, which are included in other non-current liabilities, was $10.6 million at December 31, 2017 and $11.3 million at December 31, 2016. There was no net impact on the Consolidated Statements of Operations for the years ended December 31, 2017, 2016 and 2015. Pension, Postretirement Medical and Other Benefit Plans The Company provides certain pension, health care and death benefits for eligible retirees and their dependents. The pension benefits are funded, while the health care and death benefits are not funded but are paid as incurred. Eligibility for coverage is based on meeting certain years of service and retirement qualifications. These benefits may be subject to deductibles, co-payment provisions, and other limitations. The Company has reserved the right to modify these benefits. As of December 31, 2010, all of the remaining United States defined benefit plans were merged into a single plan: the Manitowoc U.S. Pension Plan. All merged plans had benefit accruals frozen prior to merger of plan. The Manitowoc U.S. Pension Plan was split into the Manitowoc U.S. Pension Plan and the Manitowoc Foodservice Pension Plan as of December 31, 2015, and the plan obligations and assets associated with MFS were transferred to the MFS legal entity as of that date. For accounting purposes, the plan obligation, assets, and costs associated with the Manitowoc Foodservice Pension Plan are included in the results of operations of the Company until the Spin-Off date. In addition to the Manitowoc U.S. Pension Plan, the Company also maintains defined benefit plans which are sponsored directly by the Company or its subsidiaries and offered only to employees or retirees of specific subsidiaries (“Direct Plans”). The plan obligation, assets, and costs associated with Direct Plans related to MFS are presented as discontinued operations in the consolidated financial statements. As of December 31, 2015, the funded status of the MFS Direct Plans of $32.5 million was recognized in liabilities of discontinued operations. The tables below are inclusive of the plan obligation, assets, and cost associated with the MFS Direct Plans through the Spin-Off. Effective July 1, 2017, The Manitowoc Company, Inc. Post-65 Retiree Health Plan (the “Plan”) was amended. Eligible retirees and their spouses were provided access to a Retiree Health Exchange where they may purchase Medicare Supplement Plans, including Medicare Advantage and Medigap plan prescription drug coverage. The enrollment and payment for this coverage is facilitated by an outside third-party, and these plans have no affiliation with the Company. To assist retirees with premium and out-of-pocket expenses they incur, the Company funds a Health Reimbursement Account (“HRA”) for each enrolled retiree. The value of the HRA is based on the plan type and premium cost for each specific retiree before the Plan was amended. The components of period benefit costs for the years ended December 31, 2017, 2016 and 2015 are as follows: US Pension Plans Non-US Pension Plans Postretirement Health and Other (in millions) 2017 2016 2015 2017 2016 2015 2017 2016 2015 Service cost - benefits earned during the year $ — $ — $ — $ 1.9 $ 1.7 $ 2.6 $ 0.3 $ 0.3 $ 0.4 Interest cost of projected benefit obligation 5.3 6.8 9.4 2.1 2.5 8.9 1.0 1.7 2.0 Expected return on assets (4.9 ) (5.7 ) (9.0 ) (1.5 ) (1.8 ) (7.4 ) — — — Amortization of prior service cost — — — 0.1 0.1 0.1 (1.4 ) — — Amortization of actuarial net loss (gain) 3.2 3.6 5.1 1.6 1.0 2.3 0.4 — 0.1 Curtailment gain recognized — — — — — — — — — Net periodic benefit cost $ 3.6 $ 4.7 $ 5.5 $ 4.2 $ 3.5 $ 6.5 $ 0.3 $ 2.0 $ 2.5 Weighted average assumptions: Discount rate 4.2 % 4.5 % 4.1 % 2.1 % 2.9 % 3.3 % 3.8 % 4.2 % 3.7 % Expected return on plan assets 4.7 % 5.5 % 5.8 % 3.4 % 4.0 % 3.6 % N/A N/A N/A Rate of compensation increase N/A N/A N/A 2.6 % 2.4 % 3.9 % N/A N/A 1.5 % The prior service costs are amortized on a straight-line basis over the average remaining service period of active participants. Gains and losses in excess of 10% of the greater of the benefit obligation and the market-related value of assets are amortized over the average remaining service period of active participants. To develop the expected long-term rate of return on assets assumptions, the Company considered the historical returns and future expectations for returns in each asset class, as well as targeted asset allocation percentages within the pension portfolio. The following is a reconciliation of the changes in benefit obligation, the changes in plan assets, and the funded status as of December 31, 2017 and 2016: US Pension Plans Non-US Pension Plans Postretirement Medical and Other (in millions) 2017 2016 2017 2016 2017 2016 Change in Benefit Obligation Benefit obligation, beginning of year $ 155.6 $ 218.5 $ 82.8 $ 252.5 $ 41.6 $ 51.8 Distribution of MFS — (62.4 ) — (170.4 ) — (10.1 ) Service cost — — 1.9 1.7 0.3 0.3 Interest cost 5.3 6.8 2.1 2.5 1.0 1.7 Participant contributions — — — — 1.4 1.9 Medicare subsidies received — — — — — 0.2 Plan amendments — — — — (13.8 ) — Net transfer out — — — — — — Actuarial (gain) loss 10.0 0.9 (2.2 ) 11.0 2.9 1.8 Currency translation adjustment — — 9.2 (9.9 ) — — Benefits paid (8.6 ) (8.2 ) (4.3 ) (4.6 ) (4.5 ) (6.0 ) Benefit obligation, end of year $ 162.3 $ 155.6 $ 89.5 $ 82.8 $ 28.9 $ 41.6 Change in Plan Assets Fair value of plan assets, beginning of year $ 108.6 $ 143.9 $ 41.8 $ 196.9 $ — $ — Distribution of MFS — (34.1 ) — (147.8 ) — — Actual return on plan assets 11.5 6.4 1.1 2.7 — — Employer contributions 4.7 0.6 2.1 2.2 3.1 3.9 Participant contributions — — — — 1.4 1.9 Medicare subsidies received — — — — — 0.2 Currency translation adjustment — — 4.4 (7.6 ) — — Net transfer out — — — — — — Benefits paid (8.6 ) (8.2 ) (4.3 ) (4.6 ) (4.5 ) (6.0 ) Fair value of plan assets, end of year 116.2 108.6 45.1 41.8 — — Funded status $ (46.1 ) $ (47.0 ) $ (44.4 ) $ (41.0 ) $ (28.9 ) $ (41.6 ) Amounts recognized in the Consolidated Balance sheet at December 31 Pension asset $ — $ — $ — $ — $ — $ — Pension obligation (46.1 ) (47.0 ) (44.4 ) (41.0 ) — — Postretirement medical and other benefit obligations — — — — (28.9 ) (41.6 ) Net amount recognized $ (46.1 ) $ (47.0 ) $ (44.4 ) $ (41.0 ) $ (28.9 ) $ (41.6 ) Weighted-Average Assumptions Discount rate 3.6 % 4.2 % 2.2 % 2.1 % 3.3 % 3.8 % Expected return on plan assets 4.7 % 5.5 % 3.4 % 4.0 % N/A N/A Rate of compensation increase N/A N/A 2.6 % 2.4 % N/A N/A The Company prepares its discount rates with advice from an independent third party. The Company uses different discount rates for each plan depending on the plan jurisdiction, the demographics of participants and the expected timing of benefit payments. For the qualified U.S. pension plan and postretirement medical plans, the Company uses a discount rate calculated based on an appropriate mix of high quality corporate bonds. For the non-U.S. pension and postretirement plans, the Company consistently uses the relevant country specific benchmark indices for determining the various discount rates. Amounts recognized in accumulated other comprehensive income as of December 31, 2017 and 2016, consist of the following: Pensions Postretirement Medical and Other (in millions) 2017 2016 2017 2016 Net actuarial gain (loss) $ (64.2 ) $ (65.1 ) $ (7.6 ) $ (5.1 ) Prior service credit (0.6 ) (0.6 ) 12.5 — Total amount recognized $ (64.8 ) $ (65.7 ) $ 4.9 $ (5.1 ) The amounts in accumulated other comprehensive income that are expected to be recognized as components of net periodic benefit cost during the next fiscal year are $4.9 million for the pension plan and $(1.0) million for the postretirement medical and other plans. For measurement purposes, a 6.2% annual rate of increase in the per capita cost of covered health care benefits was assumed for 2017. The rate was assumed to decrease gradually to 4.5% until 2038 and remain at that level thereafter. Assumed health care cost trend rates have a significant effect on the amounts reported for the health care plans. The following table summarizes the sensitivity of our December 31, 2017 retirement obligations and 2017 retirement benefit costs of our plans to changes in the key assumptions used to determine those results (in millions): Change in assumption: Estimated increase (decrease) in 2018 pension cost Estimated increase (decrease) in Projected Benefit Obligation for the year ended December 31, 2017 Estimated increase (decrease) in 2018 Other Postretirement Benefit costs Estimated increase (decrease) in Other Postretirement Benefit Obligation for the year ended December 31, 2017 0.50% increase in discount rate $ (0.9 ) $ (15.0 ) $ (0.1 ) $ (0.9 ) 0.50% decrease in discount rate 0.9 16.2 0.1 0.9 0.50% increase in long-term return on assets (0.8 ) N/A N/A N/A 0.50% decrease in long-term return on assets 0.8 N/A N/A N/A 1% increase in medical trend rates N/A N/A 0.3 1.4 1% decrease in medical trend rates N/A N/A (0.3 ) (1.3 ) It is reasonably possible that the estimate for future retirement and medical costs may change in the near future due to changes in the health care environment or changes in interest rates that may arise. Presently, there is no reliable means to estimate the amount of any such potential changes. The weighted-average asset allocations of the U.S. pension plans at December 31, 2017 and 2016, by asset category are as follows: 2017 2016 Equity 48.0 % 25.0 % Fixed income 48.3 % 74.4 % Other 3.7 % 0.6 % 100.0 % 100.0 % The weighted-average asset allocations of the Non-U.S. pension plans at December 31, 2017 and 2016, by asset category are as follows: 2017 2016 Equity 35.6 % 33.7 % Fixed income 31.6 % 31.1 % Other 32.8 % 35.2 % 100.0 % 100.0 % The Board of Directors has established the Retirement Plan Committee (the “Committee”) to manage the operations and administration of all benefit plans and related trusts. The Committee is committed to diversification to reduce the risk of large losses. On a quarterly basis, the Committee reviews progress toward achieving the pension plans’ and individual managers’ performance objectives. Investment Strategy The overall objective of the Company's pension assets is to earn a rate of return over time to satisfy the benefit obligations of the pension plans and to maintain sufficient liquidity to pay benefits and address other cash requirements of the pension fund. Specific investment objectives for our long-term investment strategy include reducing the volatility of pension assets relative to pension liabilities, achieving a competitive, total investment return, achieving diversification between and within asset classes and managing other risks. Investment objectives for each asset class are determined based on specific risks and investment opportunities identified. The Company reviews its long-term, strategic asset allocations annually. The Company uses various analytics to determine the optimal asset mix and consider plan liability characteristics, liquidity characteristics, funding requirements, expected rates of return and the distribution of returns. The Company identifies investment benchmarks for the asset classes in the strategic asset allocation that are market-based and investable where possible. Actual allocations to each asset class vary from target allocations due to periodic investment strategy changes, market value fluctuations, the length of time it takes to fully implement investment allocation positions and the timing of benefit payments and contributions. The asset allocation is monitored and rebalanced monthly. During 2017, the Company changed the investment target allocations for the U.S. Plans from 75% debt securities and 25% equity securities to 50% debt securities and 50% equity securities. The actual allocations for the pension assets at December 31, 2017, and target allocations by asset class, are as follows: Target Allocations Weighted Average Asset Allocations U.S. Plans International Plans U.S. Plans International Plans Equity Securities 50 % 0 - 25% 48.0 % 35.6 % Debt Securities 50 % 0 - 100% 48.3 % 31.6 % Other — % 0 - 100% 3.7 % 32.8 % Risk Management In managing the plan assets, we review and manage risk associated with funded status risk, interest rate risk, market risk, counterparty risk, liquidity risk and operational risk. Liability management and asset class diversification are central to our risk management approach and are integral to the overall investment strategy. Further, asset classes are constructed to achieve diversification by investment strategy, by investment manager, by industry or sector and by holding. Investment manager guidelines for publicly traded assets are specified and are monitored regularly. Fair Value Measurements The following table presents our plan assets using the fair value hierarchy as of December 31, 2017 and 2016. The fair value hierarchy has three levels based on the reliability of the inputs used to determine fair value. Level 1 refers to fair values determined based on quoted prices in active markets for identical assets. Level 2 refers to fair values estimated using significant other observable inputs, and Level 3 includes fair values estimated using significant non-observable inputs. December 31, 2017 Assets (in millions) Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Unobservable Inputs (Level 3) Net Asset Value ("NAV") Total Cash $ 4.7 $ — $ — $ — $ 4.7 Insurance group annuity contracts — — 14.4 — 14.4 Common/collective trust funds — Government, corporate and other non-government debt — — — 70.4 70.4 Common/collective trust funds — Corporate equity — — — 71.8 71.8 Total $ 4.7 $ — $ 14.4 $ 142.2 $ 161.3 December 31, 2016 Assets (in millions) Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Unobservable Inputs (Level 3) Net Asset Value ("NAV") Total Cash $ 0.9 $ — $ — $ — $ 0.9 Insurance group annuity contracts — — 14.5 — 14.5 Common/collective trust funds — Government, corporate and other non-government debt — — — 93.7 — Common/collective trust funds — Corporate equity — — — 41.3 — Total $ 0.9 $ — $ 14.5 $ 135.0 $ 150.4 Cash equivalents and other short-term investments, which are used to pay benefits, are primarily held in registered money market funds which are valued using a market approach based on the quoted market prices of identical instruments. Other cash equivalent and short-term investments are valued daily by the fund using a market approach with inputs that include quoted market prices for similar instruments. Insurance group annuity contracts are valued at the present value of the future benefit payments owed by the insurance Company to the Plans’ participants. Common/collective funds are typically common or collective trusts valued at their net asset values that are calculated by the investment manager or sponsor of the fund and have daily or monthly liquidity. The Company believes that NAV is representative of fair value at the reporting date, as there are no significant restrictions on redemption on these investments or other reasons to indicate that the investment would be redeemed at an amount different than NAV. The valuation methodologies described above may generate a fair value calculation that may not be indicative of net realizable value or future fair values. While the Company believes the valuation methodologies used are appropriate, the use of different methodologies or assumptions in calculating fair value could result in different amounts. A reconciliation of the fair values measurements of plan assets using significant unobservable inputs (Level 3) from the beginning of the year to the end of the year is as follows: Insurance Contracts Year Ended December 31, (in millions) 2017 2016 Beginning Balance $ 14.5 $ 106.5 Distribution of MFS — (89.9 ) Actual return on assets — 2.0 Benefit payments (1.5 ) (1.4 ) Foreign currency impact 1.3 (2.7 ) Ending Balance $ 14.4 $ 14.5 The expected 2018 contributions for the U.S. pension plans are as follows: the minimum contribution for 2018 is $6.1 million; and no planned discretionary or non-cash contributions. The expected 2018 contributions for the non-U.S. pension plans are as follows: the minimum contribution for 2018 is $2.5 million; and no planned discretionary or non-cash contributions. Expected Company paid claims for the postretirement medical and life insurance plans are $3.5 million for 2018. Projected benefit payments from the plans as of December 31, 2017 are estimated as follows: (in millions) U.S Pension Plans Non-U.S. Pension Plans Postretirement Health and Other 2018 $ 9.8 $ 2.9 $ 3.5 2019 10.0 3.1 3.4 2020 10.2 3.4 3.2 2021 10.2 3.7 3.1 2022 10.1 3.8 2.6 2023 — 2027 49.7 21.3 10.1 The fair value of plan assets for which the accumulated benefit obligation is in excess of the plan assets as of December 31, 2017 and 2016 is as follows: U.S Pension Plans Non U.S. Pension Plans (in millions) 2017 2016 2017 2016 Projected benefit obligation $ 162.3 $ 155.6 $ 85.6 $ 79.1 Accumulated benefit obligation 162.3 155.6 82.1 76.2 Fair value of plan assets 116.2 108.6 41.6 38.4 The accumulated benefit obligation for all U.S. pension plans as of December 31, 2017 and 2016 was $162.3 million and $155.6 million, respectively. The accumulated benefit obligation for all non-U.S. pension plans as of December 31, 2017 and 2016 was $82.1 million and $76.2 million, respectively. The measurement date for all plans is December 31, 2017. The Company also maintains a target benefit plan for certain executive officers of the Company. Expenses related to the plan in the amount of $1.2 million, $3.2 million and $2.9 million were recorded in 2017, 2016 and 2015, respectively. Amounts accrued as of December 31, 2017 and 2016 related to this plan were $15.1 million and $21.4 million, respectively.

Leases

Leases	12 Months Ended
	Dec. 31, 2017
Leases [Abstract]
Leases	21. Leases The Company leases various property, plant and equipment. Terms of the leases vary, but generally require the Company to pay property taxes, insurance premiums, and maintenance costs associated with the leased property. Rental expense attributed to operating leases was $20.2 million, $23.1 million and $16.8 million in 2017, 2016 and 2015, respectively. Future minimum rental obligations under non-cancelable operating leases as of December 31, 2017 are payable as follows: (in millions) 2018 $ 18.5 2019 15.7 2020 14.8 2021 13.9 2022 12.7 Thereafter 20.7 Total $ 96.3

Quarterly Financial Data (Unaud

Quarterly Financial Data (Unaudited)	12 Months Ended
	Dec. 31, 2017
Quarterly Financial Information Disclosure [Abstract]
Quarterly Financial Data (Unaudited)	22. Quarterly Financial Data (Unaudited) The following tables present select quarterly financial data for 2017 and 2016: Historical 2017 2016 (in millions, except per share data) First Second Third Fourth First Second Third Fourth Statements of operations: Net sales $ 305.8 $ 394.6 $ 399.4 $ 481.5 $ 427.4 $ 457.7 $ 349.8 $ 378.2 Cost of sales 253.9 318.3 326.9 400.3 347.7 370.4 309.0 332.7 Gross profit 51.9 76.3 72.5 81.2 79.7 87.3 40.8 45.5 Operating income (loss) (23.7 ) 9.9 7.9 7.0 0.8 3.9 (134.2 ) (23.8 ) (Loss) income from continuing operations before taxes (34.5 ) 3.0 (3.4 ) (4.6 ) (85.0 ) (4.3 ) (144.2 ) (34.6 ) Provision (benefit) for taxes on income 1.5 2.3 (13.1 ) (40.2 ) 107.7 0.7 (5.3 ) (2.6 ) Income (loss) from continuing operations (36.0 ) 0.7 9.7 35.6 (192.7 ) (5.0 ) (138.9 ) (32.0 ) (Loss) income from discontinued operations, net of income taxes — (0.2 ) (0.1 ) (0.3 ) (3.2 ) (0.8 ) (1.8 ) (1.4 ) Net income (loss) (36.0 ) 0.5 9.6 35.3 (195.9 ) (5.8 ) (140.7 ) (33.4 ) Basic (loss) income per share: (Loss) income from continuing operations $ (1.04 ) $ — $ 0.28 $ 1.01 $ (5.64 ) $ (0.15 ) $ (4.01 ) $ (0.92 ) (Loss) income from discontinued operations — — — (0.01 ) (0.09 ) (0.02 ) (0.05 ) (0.04 ) (Loss) income per share $ (1.04 ) $ — $ 0.28 $ 1.00 $ (5.73 ) $ (0.17 ) $ (4.06 ) $ (0.96 ) Diluted (loss) income per share: (Loss) income from continuing operations $ (1.04 ) $ — $ 0.28 $ 0.98 $ (5.64 ) $ (0.15 ) $ (4.01 ) $ (0.92 ) (Loss) income from discontinued operations — — — (0.01 ) (0.09 ) (0.02 ) (0.05 ) (0.04 ) (Loss) income per share $ (1.04 ) $ — $ 0.28 $ 0.97 $ (5.73 ) $ (0.17 ) $ (4.06 ) $ (0.96 ) Dividends per common share $ — $ — $ — $ — $ — $ — $ — $ — Cash flows from operations: Net income (loss) $ (36.0 ) $ 0.5 $ 9.6 $ 35.3 $ (195.9 ) $ (5.8 ) $ (140.7 ) $ (33.4 ) Deferred income taxes — — (1.3 ) (42.8 ) 110.3 1.1 2.6 (12.6 ) Change in inventories, net (31.2 ) (3.4 ) 0.8 89.4 (33.7 ) (6.2 ) 7.5 85.1 During the second quarter of 2016, the Company identified two adjustments to the previously issued financial statements for the three months ended March 31, 2016. In evaluating whether the Company’s previously issued consolidated financial statements were materially misstated, the Company considered the guidance in ASC Topic 250, “Accounting Changes and Error Corrections” and ASC Topic 250-10-S99-1, “Assessing Materiality.” The Company determined that these errors were not material to the Company's prior interim period consolidated financial statements and therefore, amending the previously filed report was not required. However, the Company determined that the impact of the corrections would be too significant to record within the second quarter of 2016. As such, the revision for the corrections was reflected in the financial information of the first quarter of 2016 and 2015, as applicable. The adjustments were as follows: • Adjustment related to AOCI, whereby the Company had understated loss on debt extinguishment by $4.3 million, overstated income tax expense by $0.8 million, and understated loss from continuing operations by $3.5 million in the first quarter of 2016. The adjustment also resulted in an overstatement of AOCL and understatement of retained earnings by $2.6 million as of March 31, 2016. • Adjustment related to the classification of income tax expense between continuing operations and discontinued operations in the three months ended March 31, 2015, whereby the Company had understated the benefit for taxes on continuing operations and understated the income tax provision on discontinued operations by $2.1 million. During the fourth quarter of 2016, the Company identified an adjustment to the previously issued financial statements for the three months ended March 31, 2016, six months ended June 30, 2016, and nine months ended September 30, 2016, related to a non-cash reclassification between continuing and discontinued operations with the operating section of the Statement of Cash Flows in the three months ended March 31, 2016, whereby the change in accrued expenses and other liabilities and net cash used for operating activities of continuing operations was understated by $16.2 million, and the net cash used for operating activities of discontinued operating activities was overstated by $16.2 million. In evaluating whether the Company’s previously issued consolidated financial statements were materially misstated, the Company considered the guidance in ASC Topic 250, “Accounting Changes and Error Corrections” and ASC Topic 250-10-S99-1, “Assessing Materiality.” The Company determined that these errors were not material to the Company's prior interim period consolidated financial statements and therefore, amending the previously filed reports was not required.

Schedule II_ Valuation and Qual

Schedule II: Valuation and Qualifying Accounts	12 Months Ended
	Dec. 31, 2017
Valuation And Qualifying Accounts [Abstract]
Schedule II: Valuation and Qualifying Accounts	(c) Financial Statement Schedule THE MANITOWOC COMPANY, INC AND SUBSIDIARIES Schedule II: Valuation and Qualifying Accounts For The Years Ended December 31, 2017, 2016 and 2015 (dollars in millions) Balance at Beginning of Year Charge to Costs and Expenses Utilization of Reserve Other, Primarily Impact of Foreign Exchange Rates Balance at end of Year Year End December 31, 2015 Allowance for doubtful accounts $ 15.4 $ 2.5 $ (3.5 ) $ (1.6 ) $ 12.8 Deferred tax valuation allowance $ 85.2 $ 11.4 $ (1.9 ) $ (8.2 ) $ 86.5 Year End December 31, 2016 Allowance for doubtful accounts $ 12.8 $ 1.0 $ (2.9 ) $ 0.2 $ 11.1 Deferred tax valuation allowance $ 86.5 $ 199.2 $ (4.1 ) $ (12.0 ) $ 269.6 Year End December 31, 2017 Allowance for doubtful accounts $ 11.1 $ 1.7 $ (2.7 ) $ 0.8 $ 10.9 Deferred tax valuation allowance $ 269.6 $ 15.2 $ (128.7 ) $ 6.2 $ 162.3

Summary of Significant Accoun34

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2017
Accounting Policies [Abstract]
Cash Equivalents	Cash Equivalents All short-term investments purchased with an original maturity of three months or less are considered cash equivalents.
Allowance for Doubtful Accounts	Allowance for Doubtful Accounts Accounts receivable are reduced by an allowance for amounts that may become uncollectible in the future. Our estimate for the allowance for doubtful accounts related to trade receivables includes evaluation of specific accounts where we have information that the customer may have an inability to meet its financial obligations together with a general provision for unknown but existing doubtful accounts based on historical experience, which are subject to change if experience improves or deteriorates.
Inventories	Inventories Inventories are valued at the lower of cost or market value. Finished goods and work-in-process inventories include material, labor and manufacturing overhead costs. In the fourth quarter of 2016, the Company changed its method of inventory costing for certain inventory in the U.S. to the first-in, first-out (“FIFO”) method from the last-in, first-out (“LIFO”) method. The Company believes that the FIFO method is preferable as it results in uniformity across its global operations, aligns with how the Company internally manages inventory, provides better matching of revenues and expenses and improves comparability with its peers. The Company's other locations determine costs using the FIFO method. The impact of this change in accounting principle has been reflected through retrospective application to the financial statements for each period presented, and is further explained in Note 5, “Inventories”.
Goodwill and Other Intangible Assets	Goodwill and Other Intangible Assets The Company accounts for its goodwill and other intangible assets under the guidance of ASC Topic 350-10, “Intangibles — Goodwill and Other.” Under ASC Topic 350-10, goodwill is not amortized, but it is tested for impairment annually during the fourth quarter, or more frequently, as events dictate. See additional discussion of impairment testing under “Impairment of Long-Lived Assets” below. The Company’s other intangible assets with indefinite lives, including trademarks and tradenames and in-place distributor networks, are not amortized but are also tested for impairment annually, or more frequently, as events dictate. The Company’s other intangible assets subject to amortization are tested for impairment whenever events or changes in circumstances indicate that their carrying values may not be recoverable. Other intangible assets are amortized straight-line over the following estimated useful lives: Useful lives Patents 20 years Engineering drawings 15 years Customer relationships 10 years
Property, Plant and Equipment	Property, Plant and Equipment Property, plant and equipment are stated at cost. Expenditures for maintenance, repairs and minor renewals are charged against earnings as incurred. Expenditures for major renewals and improvements that substantially extend the capacity or useful life of an asset are capitalized and are then depreciated. The cost and accumulated depreciation for property, plant and equipment sold, retired or otherwise disposed of are relieved from the accounts, and resulting gains or losses are reflected in earnings. Property, plant and equipment are depreciated over the estimated useful lives of the assets using the straight-line depreciation method for financial reporting and on accelerated methods for income tax purposes. Property, plant and equipment are depreciated over the following estimated useful lives: Years Building and improvements 2 - 40 Machinery, equipment and tooling 2 - 20 Furniture and fixtures 3 - 20 Computer hardware and software 2 - 10 Rental cranes 5 - 15 Property, plant and equipment also include cranes accounted for as operating leases. Equipment accounted for as operating leases includes equipment leased directly to the customer and equipment for which the Company has assisted in the financing arrangement, whereby it has guaranteed more than insignificant residual value or made a buyback commitment. Equipment that is leased directly to the customer is accounted for as an operating lease with the related assets capitalized and depreciated over their estimated economic life. Equipment involved in a financing arrangement is depreciated over the life of the underlying arrangement so that the net book value at the end of the period equals the buyback amount or the residual value amount. The amount of buyback and rental equipment included in property, plant and equipment amounted to $54.3 million and $57.9 million, net of accumulated depreciation, at December 31, 2017 and 2016, respectively.
Impairment of Long-Lived Assets	Impairment of Long-Lived Assets The Company reviews long-lived assets for impairment whenever events or changes in circumstances indicate that the assets’ carrying amount may not be recoverable. The Company conducts its long-lived asset impairment analyses in accordance with ASC Topic 360-10-5. ASC Topic 360-10-5 requires the Company to group assets and liabilities at the lowest level for which identifiable cash flows are largely independent of the cash flows of other assets and liabilities and to evaluate the asset group against the sum of the undiscounted future cash flows. For property, plant and equipment and other long-lived assets, other than goodwill and other indefinite lived intangible assets, the Company performs undiscounted operating cash flow analysis to determine impairments. If an impairment is determined to exist, any related impairment loss is calculated based upon comparison of the fair value to the net book value of the assets. Impairment losses on assets held for sale are based on the estimated proceeds to be received, less costs to sell. The Company tests for impairment of goodwill annually in the fourth quarter. To test goodwill the Company estimates the fair values of its reporting units using the present value of future cash flows approach, subject to a comparison for reasonableness to its market capitalization at the date of valuation. If the carrying amount exceeds the fair value, an impairment loss is recognized in an amount equal to that excess, not to exceed the carrying amount of the goodwill. In addition, goodwill of a reporting unit is tested for impairment between annual tests if an event occurs or circumstances change that would more-likely-than-not reduce the fair value of a reporting unit below its carrying value. For other indefinite lived intangible assets, the impairment test consists of a comparison of the fair value of the intangible assets to their carrying amount. See Note 8, “Goodwill and Other Intangible Assets,” for further details on our impairment assessments.
Warranties	Warranties Estimated warranty costs are recorded in cost of sales at the time of sale of the warranted products based on historical warranty experience for the related product or estimates of projected costs due to specific warranty issues on new products. These estimates are reviewed periodically and are adjusted based on changes in facts, circumstances or actual experience.
Environmental Liabilities	Environmental Liabilities The Company accrues for losses associated with environmental remediation obligations when such losses are probable and reasonably estimable. Such accruals are adjusted as information develops or circumstances change. Costs of long-term expenditures for environmental remediation obligations are discounted to their present value when the timing of cash flows are estimable.
Product Liabilities	Product Liabilities The Company records product liability reserves for its self-insured portion of any pending or threatened product liability actions when losses are probable and reasonably estimable. The reserve is based upon two estimates. First, the Company tracks the population of all outstanding pending and threatened product liability cases to determine an appropriate case reserve for each based upon the Company’s best judgment and the advice of legal counsel. These estimates are continually evaluated and adjusted based upon changes to facts and circumstances surrounding the case. Second, the Company determines the amount of additional reserve required to cover incurred but not reported product liability obligations and to account for possible adverse development of the established case reserves (collectively referred to as “IBNR”) utilizing actuarially developed estimates.
Foreign Currency Translation	Foreign Currency Translation The financial statements of the Company’s non-U.S. subsidiaries are translated using the current exchange rate for assets and liabilities and the average monthly exchange rate throughout the year for income and expense items. Resulting translation adjustments are recorded to Accumulated Other Comprehensive Income (“AOCI”) as a component of Manitowoc stockholders’ equity.
Derivative Financial Instruments and Hedging Activities	Derivative Financial Instruments and Hedging Activities The Company has written policies and procedures that place all financial instruments under the direction of corporate treasury and restrict all derivative transactions to those intended for hedging purposes. The use of financial instruments for trading purposes is strictly prohibited. The Company uses financial instruments to manage the market risk from changes in foreign exchange rates, commodities and interest rates. The Company follows the guidance in accordance with ASC Topic 815-10, “Derivatives and Hedging.” The fair values of all derivatives are recorded in the Consolidated Balance Sheets. The change in a derivative’s fair value is recorded each period in current earnings or AOCI depending on whether the derivative is designated and qualifies as a cash flow hedge transaction. During 2017, 2016 and 2015, minimal amounts were recognized in earnings due to ineffectiveness of certain commodity hedges. The amount reported as derivative instrument fair market value adjustment in the AOCI account within the Consolidated Statements of Comprehensive Income (Loss) represents the net gain (loss) on foreign currency exchange contracts, commodity contracts and interest rate contracts designated as cash flow hedges, net of income taxes. Cash Flow Hedges The Company selectively hedges anticipated transactions that are subject to foreign exchange exposure, commodity price exposure or variable interest rate exposure, primarily using foreign currency exchange contracts, commodity contracts and interest rate contracts, respectively. These instruments are designated as cash flow hedges in accordance with ASC Topic 815-10 and are recorded in the Consolidated Balance Sheets at fair value. The effective portion of the contracts’ gains or losses due to changes in fair value are initially recorded as a component of AOCI and are subsequently reclassified into earnings when the hedged transactions, typically sales and costs related to sales and interest expense, occur and affect earnings. These contracts are highly effective in hedging the variability in future cash attributable to changes in currency exchange rates, commodity prices or interest rates. Fair Value Hedges The Company periodically enters into interest rate swaps designated as a hedge of the fair value of a portion of its fixed rate debt. These hedges effectively result in changing a portion of its fixed rate debt to variable interest rate debt. Both the swaps and the debt are recorded in the Consolidated Balance Sheets at fair value. The change in fair value of the swaps should exactly offset the change in fair value of the hedged debt, with no net impact to earnings. Interest expense of the hedged debt is recorded at the variable rate in earnings. See Note 10, “Debt” for further discussion of fair value hedges. The Company selectively hedges cash inflows and outflows that are subject to foreign currency exposure from the date of transaction to the related payment date. The hedges for these foreign currency accounts receivable and accounts payable are recorded in the Consolidated Balance Sheets at fair value. Gains or losses due to changes in fair value are recorded as an adjustment to earnings in the Consolidated Statements of Operations.
Stock-Based Compensation	Stock-Based Compensation The Company recognizes expense for all stock-based compensation with graded vesting on a straight-line basis over the vesting period of the entire award. Stock-based compensation plans are described more fully in Note 15, “Stock-Based Compensation.”
Revenue Recognition	Revenue Recognition Revenue is generally recognized and earned when all the following criteria are satisfied with regard to a specific transaction: persuasive evidence of a sales arrangement exists; the price is fixed or determinable; collectability of cash is reasonably assured; and delivery has occurred or services have been rendered. Shipping and handling fees are reflected in net sales, and shipping and handling costs are reflected in cost of sales in the Consolidated Statements of Operations. The Company enters into transactions with customers that provide for residual value guarantees and buyback commitments on certain transactions. The Company records transactions which it provides significant residual value guarantees and any buyback commitments as operating leases. Net revenues in connection with the initial transactions are recorded as deferred revenue and are amortized to income on a straight-line basis over a period equal to that of the customer’s third party financing agreement. See Note 18, “Guarantees.” The Company also leases cranes to customers under operating lease terms. Revenue from operating leases is recognized ratably over the term of the lease, and leased cranes are depreciated over their estimated useful lives.
Research and Development	Research and Development Research and development costs are charged to expense as incurred and amounted to $37.9 million, $44.5 million and $57.6 million for the years ended December 31, 2017, 2016 and 2015, respectively. Research and development costs include salaries, materials, contractor fees and other administrative costs.
Income Taxes	Income Taxes The Company utilizes the liability method to recognize deferred tax assets and liabilities for the expected future income tax consequences of events that have been recognized in the Company’s financial statements. Under this method, deferred tax assets and liabilities are determined based on the temporary difference between financial statement carrying amounts and the tax basis of assets and liabilities using enacted tax rates in effect in the years in which the temporary differences are expected to reverse. Valuation allowances are provided for deferred tax assets where it is considered more likely than not that the Company will not realize the benefit of such assets. The Company evaluates its uncertain tax positions as new information becomes available. Tax benefits are recognized to the extent a position is more likely than not to be sustained upon examination by the taxing authority. On December 22, 2017, the President of the United States signed into law the Tax Cuts and Jobs Act (the “Tax Reform Act”). Further information on the tax impacts of the Tax Reform Act is included in Note 12, “Income Taxes,” of the Company’s consolidated financial statements.
Earnings Per Share	Earnings Per Share Basic earnings per share is computed by dividing net earnings attributable to Manitowoc by the weighted average number of common shares outstanding during each year or period. Diluted earnings per share is computed similar to basic earnings per share except that the weighted average shares outstanding is increased to include shares of restricted stock, performance shares and the number of additional shares that would have been outstanding if stock options were exercised and the proceeds from such exercise were used to acquire shares of common stock at the average market price during the year or period.
Comprehensive Income (Loss)	Comprehensive Income (Loss) Comprehensive income (loss) includes, in addition to net earnings, other items that are reported as direct adjustments to Manitowoc stockholders’ equity. These items are foreign currency translation adjustments, employee postretirement benefit adjustments and the change in fair value of certain derivative instruments.
Concentration of Credit Risk	Concentration of Credit Risk Credit extended to customers through trade accounts receivable potentially subjects the Company to risk. This risk is limited due to the large number of customers and their dispersion across various industries and many geographical areas. However, a significant amount of the Company’s receivables are with distributors and contractors in the construction industry, customers servicing the U.S. steel industry and government agencies. The Company currently does not foresee a significant credit risk associated with these individual groups of receivables but continues to monitor the exposure, if any.
Recent Accounting Changes and Pronouncements	Recent Accounting Changes and Pronouncements In August 2017, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2017-12 “Targeted Improvements to Accounting for Hedging Activities,” which amends ASC 815, “Derivatives and Hedging.” The purpose of this ASU is to better align a company’s risk management activities and financial reporting for hedging relationships, simplify the hedge accounting requirements, and improve the disclosures of hedging arrangements. The effective date is fiscal 2019, with early adoption permitted. The Company is evaluating the impact the adoption of this ASU will have on its consolidated financial statements. In May 2017, the FASB issued ASU No. 2017-09 “Compensation - Stock Compensation (Topic 718): Scope of Modification Accounting,” to provide clarity and reduce both diversity in practice and cost complexity when applying the guidance in Topic 718 to a change to the terms and conditions of a stock-based payment award. ASU 2017-09 also provides guidance about the types of changes to the terms or conditions of a share-based payment award that require an entity to apply modification accounting in accordance with Topic 718. The standard is effective for annual periods beginning after December 15, 2017, and for interim periods therein. Early adoption is permitted. The Company is evaluating the impact the adoption of this ASU will have on its consolidated financial statements. In March 2017, the FASB issued ASU No. 2017-08 “Receivables - Nonrefundable Fees and Other Costs (Subtopic 310-20): Premium Amortization on Purchased Callable Debt Securities,” to shorten the amortization period for the premium to the earliest call date instead of the contractual life of the instrument. This new guidance will be effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2018 with early adoption permitted. Entities will be required to apply the new guidance using the modified retrospective method with a cumulative-effect adjustment to retained earnings upon the adoption date. The Company is evaluating the impact the adoption of this ASU will have on its consolidated financial statements. In March 2017, the FASB issued ASU No. 2017-07 “Compensation - Retirement Benefits (Topic 715): Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost.” This ASU amends ASC 715, “Compensation – Retirement Benefits,” to require employers that present a measure of operating income in their statement of income to include only the service cost component of net periodic pension cost and net periodic postretirement benefit cost in operating expenses (together with other employee compensation costs). The other components of net benefit cost, including amortization of prior service cost/credit and settlement and curtailment effects, are to be included in nonoperating expenses. This ASU also allows only the service cost component of net benefit cost to be capitalized (for example, as a cost of inventory). The amendments in this ASU should be applied retrospectively for the presentation of the service cost component and the other components of net periodic pension cost and net periodic postretirement benefit cost in the income statement and prospectively, on and after the effective date, for the capitalization of the service cost component of net periodic pension cost and net periodic postretirement benefit in assets, and is effective for public companies for fiscal years beginning after December 15, 2017; early adoption is permitted. The Company is evaluating the impact the adoption of this ASU will have on its consolidated financial statements. In January 2017, the FASB issued ASU No. 2017-04 - “Intangibles – Goodwill and Other (Topic 350): Simplifying the Accounting for Goodwill Impairment.” This ASU simplifies the accounting for goodwill impairment. The guidance removes Step 2 of the goodwill impairment test, which required a hypothetical purchase price allocation. A goodwill impairment is now the amount by which a reporting unit’s carrying value exceeds its fair value, not to exceed the carrying amount of goodwill. ASU No. 2017-04 will be effective for annual or interim goodwill impairment tests in fiscal years beginning after December 15, 2019. Early adoption was permitted for any impairment tests performed after January 1, 2017, and the Company early adopted this ASU effective in the first quarter of 2017. The adoption of this ASU did not have a material impact on the Company's consolidated financial statements. In November 2016, the FASB issued ASU No. 2016-18 “Statement of Cash Flows (Topic 230): Restricted Cash (a consensus of the FASB Emerging Issues Task Force).” The amendments of this ASU address the diversity of presentation of restricted cash by requiring a statement of cash flows to explain the change during the period in the total cash, cash equivalents and amounts generally described as restricted cash or restricted cash equivalents. ASU 2016-18 will be effective for fiscal years beginning after December 15, 2017. The Company is evaluating the impact the adoption of this ASU will have on its consolidated financial statements. In October 2016, the FASB issued ASU No. 2016-16 - “Income Taxes (Topic 740): Intra-Entity Transfer of Assets Other than Inventory,” which requires the recognition of the income tax consequences of an intra-entity transfer of an asset, other than inventory, when the transfer occurs. ASU 2016-16 will be effective for fiscal years beginning after December 15, 2017. The Company is currently evaluating the impact of adopting this ASU on its consolidated financial statements. In August 2016, the FASB issued ASU No. 2016-15 - “Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments.” This Update addresses eight specific cash flow issues with the objective of reducing the existing diversity in practice and affects all entities required to present a statement of cash flows under Topic 230. This standard will be effective for fiscal years beginning after December 15, 2017, including interim periods within those fiscal years. The Company is evaluating the impact the adoption of this ASU will have on its consolidated financial statements. In May 2014, the FASB issued ASU No. 2014-09 - “Revenue from Contracts with Customers” (Topic 606), which supersedes the revenue recognition requirements in ASC 605, Revenue Recognition. This was further clarified with technical corrections issued within ASU 2015-14, ASU 2016-08, ASU 2016-10, ASU 2016-11, ASU 2016-12, ASU 2016-20, and ASU 2017-05. The new revenue recognition guidance was issued to provide a single, comprehensive revenue recognition model for all contracts with customer. Under the new guidance, an entity will recognize revenue to depict the transfer of promised goods or services to customer at an amount that the entity expects to be entitled to in exchange for those goods or services. A five-step model has been introduced for an entity to apply when recognizing revenue. The new guidance also includes enhanced disclosure requirements and is effective January 1, 2018. Entities have the option to apply the new guidance under a retrospective approach to each prior reporting period presented, or a modified retrospective approach with the cumulative effect of initially applying the new guidance recognized at the date of initial application within the Consolidated Statement of Changes in Stockholder's Equity. The Company will adopt the new guidance effective January 1, 2018, utilizing the modified retrospective approach. Based upon review of the Company's current revenue recognition practices, the Company did not identify any terms or conditions in the contracts reviewed which changed the Company’s pattern of revenue recognition than that recorded under the superseded guidance. The adoption of this ASU will not have a material impact on the Company's consolidated financial statements. In March 2016, the FASB issued ASU 2016-09 - “Compensation-Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting.” This update is part of the Simplification Initiative, and its objective is to identify, evaluate and improve areas of accounting principles generally accepted in the United States of America for which cost and complexity can be reduced while maintaining or improving usefulness of the information provided to users of financial statements. The update involves several aspects of the accounting for share-based payment transactions, including the income tax consequences, classification of awards as either equity or liabilities, and classification on the statement of cash flows. The effective date for this ASU is for annual periods beginning after December 15, 2016 and interim periods within those annual periods. The adoption of this ASU did not have a material impact on the Company's consolidated financial statements. In March 2016, the FASB issued ASU No. 2016-06 - “Derivatives and Hedging: Contingent Put and Call Options in Debt Instruments.” The amendments clarify the steps required to assess whether a call or put option meets the criteria for bifurcation as an embedded derivative. The ASU is effective for fiscal years and interim periods within those years beginning after December 15, 2016. The adoption of this ASU did not have a material impact on the Company's consolidated financial statements. In February 2016, the FASB issued ASU 2016-02 - “Leases”, which is intended to improve financial reporting on leasing transactions. This standard requires a lessee to record on the balance sheet the assets and liabilities for the rights and obligations created by lease terms of more than 12 months. This standard will be effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. The Company is evaluating the impact the adoption of this ASU will have on its consolidated financial statements. In January 2016, the FASB issued ASU 2016-01 - “Financial Instruments-Overall: Recognition and Measurement of Financial Assets and Financial Liabilities.” ASU 2016-01 amends various aspects of the recognition, measurement, presentation, and disclosure for financial instruments. Most significantly, ASU 2016-01 requires equity investments (except those accounted for under the equity method of accounting or those that result in consolidation of an investee) to be measured at fair value with changes in fair value recognized in net income (loss). ASU 2016-01 is effective for annual reporting periods, and interim periods within those years beginning after December 15, 2017. The Company is evaluating the impact the adoption of this ASU will have on its consolidated financial statements. In July 2015, the FASB issued ASU No. 2015-11 - “Inventory (Topic 330): Simplifying the Measurement of Inventory.” This update changes the guidance on accounting for inventory accounted for on a FIFO basis. Under the revised standard, an entity should measure FIFO inventory at the lower of cost and net realizable value. Net realizable value is the estimated selling prices in the ordinary course of business, less reasonably predictable costs of completion, disposal, and transportation. Subsequent measurement is unchanged for inventory measured on a LIFO basis. The amendments in this ASU are effective for fiscal years, and for interim periods within those fiscal years, beginning after December 15, 2016. The adoption of this ASU did not have a material impact on the Company's consolidated financial statements.
Fair Value Hierarchy Inputs	ASC Topic 820-10 defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. ASC Topic 820-10 classifies the inputs used to measure fair value into the following hierarchy: Level 1 Level 2 Unadjusted quoted prices for identical or similar assets or liabilities in markets that are not active, or Inputs other than quoted prices that are observable for the asset or liability Level 3

Summary of Significant Accoun35

Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2017
Accounting Policies [Abstract]
Schedule of Estimated Useful Lives of Other Intangible Assets	Other intangible assets are amortized straight-line over the following estimated useful lives: Useful lives Patents 20 years Engineering drawings 15 years Customer relationships 10 years
Schedule of Estimated Useful Lives of Property, Plant and Equipment	Property, plant and equipment are depreciated over the following estimated useful lives: Years Building and improvements 2 - 40 Machinery, equipment and tooling 2 - 20 Furniture and fixtures 3 - 20 Computer hardware and software 2 - 10 Rental cranes 5 - 15

Discontinued Operations (Tables

Discontinued Operations (Tables)	12 Months Ended
	Dec. 31, 2017
Discontinued Operations And Disposal Groups [Abstract]
Major classes of line items constituting earnings from discontinued operations before income taxes related to MFS	The following table presents the financial results of MFS through the date of the Spin-Off for the indicated periods and do not include corporate overhead allocations: Major classes of line items constituting earnings from discontinued operations before income taxes related to MFS (in millions) 2016 2015 Net sales $ 219.6 $ 1,570.1 Cost of sales 141.5 1,065.6 Engineering, selling and administrative expenses 48.3 271.3 Amortization of intangible assets 5.2 31.4 Asset impairment expense — 9.0 Restructuring expense 0.3 4.6 Separation expense 27.7 39.4 Other — 0.9 Total operating costs and expenses 223.0 1,422.2 Operating (loss) income (3.4 ) 147.9 Other (expense) income (2.2 ) 23.4 (Loss) income from discontinued operations before income taxes (5.6 ) 171.3 Provision for taxes on income 0.6 35.9 (Loss) income from discontinued operations, net of income taxes (1) $ (6.2 ) $ 135.4 (1) For the year ended December 31, 2016 and 2015, the Company recorded net (losses) income of $(1.0) million and $0.0 million, respectively, from various other businesses disposed of prior to 2014. This is presented for informational purposes only and does not necessarily reflect what the results of operations would have been had the businesses operated as stand-alone entities .

Fair Value of Financial Instr37

Fair Value of Financial Instruments (Tables)	12 Months Ended
	Dec. 31, 2017
Fair Value Disclosures [Abstract]
Financial Assets and Liabilities Accounted for at Fair Value on a Recurring Basis by Level within the Fair Value Hierarchy	The following tables set forth the Company’s financial assets and liabilities that were accounted for at fair value as of December 31, 2016 by level within the fair value hierarchy. At December 31, 2017, there was an immaterial amount of financial assets and liabilities that were accounted for at fair value. Financial assets and liabilities are classified in their entirety based on the lowest level of input that is significant to the fair value measurement. Fair Value as of December 31, 2016 (in millions) Level 1 Level 2 Level 3 Total Current Assets: Foreign currency exchange contracts $ — $ 0.2 $ — $ 0.2 Commodity contracts — 0.2 — 0.2 Total current assets at fair value $ — $ 0.4 $ — $ 0.4 Current Liabilities: Foreign currency exchange contracts $ — $ 1.0 $ — $ 1.0 Total current liabilities at fair value $ — $ 1.0 $ — $ 1.0

Inventories (Tables)

Inventories (Tables)	12 Months Ended
	Dec. 31, 2017
Inventory Disclosure [Abstract]
Schedule of the components of inventories	The components of inventories at December 31, 2017 and December 31, 2016 are summarized as follows: (in millions) 2017 2016 Raw materials $ 122.0 $ 109.3 Work-in-process 94.3 88.4 Finished goods 227.7 270.9 Total inventories — gross 444.0 468.6 Excess and obsolete inventory reserve (47.9 ) (39.6 ) Net inventories $ 396.1 $ 429.0
Schedule of Retrospective Adjustment for Change in lnventory	As described in Note 2, in the fourth quarter of 2016, the Company elected to change its method of accounting for certain inventory in the U.S. from LIFO to FIFO. The Company applied this change in method of inventory costing by retrospectively adjusting the prior period financial statements. As a result of the retrospective adjustment of the change in accounting principle, certain amounts in the Company's consolidated financial statements for the year ended December 31, 2015 was adjusted as follows: For the year ended December 31, 2015 Impact of Change In millions (except per share data) Historical to FIFO As adjusted Cost of sales $ 1,537.0 $ (3.5 ) $ 1,533.5 Operating (loss) income (15.9 ) 3.5 (12.4 ) Loss from continuing operations before taxes (114.5 ) 3.5 (111.0 ) Benefit for income taxes (42.6 ) 1.5 (41.1 ) Loss from continuing operations (71.9 ) 2.0 (69.9 ) Net (loss) income 63.5 2.0 65.5 Net (loss) income attributable to Manitowoc common shareholders 63.5 2.0 65.5 Basic (loss) income per share from continuing operations (2.11 ) 0.02 (2.06 ) Diluted (loss) income per share from continuing operations (2.11 ) 0.02 (2.06 ) The Consolidated Statements of Cash Flows for the year ended December 31, 2015 was adjusted as follows: For the year ended December 31, 2015 Impact of Change In millions Historical to FIFO As adjusted Net (loss) income $ 63.5 $ 2.0 $ 65.5 Deferred income taxes (5.9 ) 1.5 (4.4 ) Change in inventories, net (3.7 ) (3.5 ) (7.2 )

Property, Plant and Equipment (

Property, Plant and Equipment (Tables)	12 Months Ended
	Dec. 31, 2017
Property Plant And Equipment [Abstract]
Components of Property, Plant and Equipment	The components of property, plant and equipment at December 31, 2017 and December 31, 2016 are summarized as follows: (in millions) 2017 2016 Land $ 25.4 $ 23.6 Building and improvements 196.4 $ 225.0 Machinery, equipment and tooling 263.6 $ 292.6 Furniture and fixtures 15.6 $ 16.7 Computer hardware and software 114.4 $ 126.0 Rental cranes 90.2 $ 89.0 Construction in progress 17.3 $ 16.7 Total cost 722.9 789.6 Less accumulated depreciation (428.0 ) (480.8 ) Property, plant and equipment-net $ 294.9 $ 308.8

Goodwill and Other Intangible40

Goodwill and Other Intangible Assets (Tables)	12 Months Ended
	Dec. 31, 2017
Goodwill And Intangible Assets Disclosure [Abstract]
Changes in goodwill by reportable segment	The changes in carrying amount of goodwill for the years ended December 31, 2017 and December 31, 2016 are as follows: (in millions) Cranes Americas Europe and Africa ("EURAF") Middle East and Asia Pacific ("MEAP") Net balance as of January 1, 2016 $ 306.5 $ — $ — $ — Foreign currency impact (6.9 ) — — — Net balance as of December 31, 2016 299.6 — — — Foreign currency impact 16.5 — — — Reallocation of goodwill at October 31, 2017 (316.1 ) 166.5 81.5 68.1 Foreign currency impact — — 4.4 0.8 Net balance as of December 31, 2017 $ — $ 166.5 $ 85.9 $ 68.9
Gross carrying amount and accumulated amortization of the company's intangible assets other than goodwill	The gross carrying amount and accumulated amortization of the Company’s intangible assets other than goodwill are as follows as of December 31, 2017 and December 31, 2016. December 31, 2017 December 31, 2016 (in millions) Gross Carrying Amount Accumulated Amortization Amount Net Book Value Gross Carrying Amount Accumulated Amortization Amount Net Book Value Trademarks and tradenames $ 99.7 $ — $ 99.7 $ 92.4 $ — $ 92.4 Customer relationships 10.7 (8.7 ) 2.0 10.3 (7.8 ) 2.5 Patents 30.6 (29.7 ) 0.9 28.5 (27.4 ) 1.1 Engineering drawings 10.8 (10.7 ) 0.1 10.0 (9.9 ) 0.1 Distribution network 19.5 (0.1 ) 19.4 18.0 — 18.0 Other intangibles 0.1 (0.1 ) — 0.2 (0.2 ) — $ 171.4 $ (49.3 ) $ 122.1 $ 159.4 $ (45.3 ) $ 114.1

Accounts Payable and Accrued 41

Accounts Payable and Accrued Expenses (Tables)	12 Months Ended
	Dec. 31, 2017
Payables And Accruals [Abstract]
Schedule of Accounts Payable and Accrued Expenses	Accounts payable and accrued expenses at December 31, 2017 and December 31, 2016 are summarized as follows: (in millions) 2017 2016 Trade accounts payable $ 204.9 $ 157.7 Employee-related expenses 59.7 28.1 Accrued vacation 23.8 21.8 Miscellaneous accrued expenses 87.4 113.6 $ 375.8 $ 321.2

Debt (Tables)

Debt (Tables)	12 Months Ended
	Dec. 31, 2017
Debt Disclosure [Abstract]
Schedule of outstanding debt	Outstanding debt at December 31, 2017 and December 31, 2016 is summarized as follows: (in millions) 2017 2016 Revolving credit facility $ — $ — Senior notes due 2021 251.9 249.8 Other 26.1 35.7 Deferred financing costs (3.1 ) (4.0 ) Total debt 274.9 281.5 Less current portion and short-term borrowings (8.2 ) (12.4 ) Long-term debt $ 266.7 $ 269.1
Schedule of aggregate maturities of outstanding debt obligations in subsequent years	The aggregate scheduled maturities of outstanding debt obligations in subsequent years are as follows (in millions): Year 2018 $ 8.2 2019 6.7 2020 3.8 2021 266.2 2022 0.4 Thereafter 0.7 Total $ 286.0

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2017
Income Tax Disclosure [Abstract]
Summary of Earnings from Continuing Operations	Income (loss) from continuing operations are summarized below: (in millions) 2017 2016 2015 (Loss) income from continuing operations before income taxes: Domestic $ (98.5 ) $ (293.0 ) $ (184.0 ) Foreign 59.0 24.9 73.0 Total $ (39.5 ) $ (268.1 ) $ (111.0 )
Schedule of Income Tax Expense (Benefit) from Continuing Operations	Income tax provision (benefit) from continuing operations is summarized as follows: (in millions) 2017 2016 2015 Current: Federal and state $ (12.8 ) $ (13.0 ) $ (48.6 ) Foreign 7.4 12.1 11.9 Total current $ (5.4 ) $ (0.9 ) $ (36.7 ) Deferred: Federal and state $ (7.0 ) $ 98.7 $ (8.3 ) Foreign (37.1 ) 2.7 3.9 Total deferred $ (44.1 ) $ 101.4 $ (4.4 ) Provision (benefit) for taxes on income $ (49.5 ) $ 100.5 $ (41.1 )
Reconciliation of the Federal Statutory Income Tax Rate to the Company's Effective Income Tax Rate for Continuing Operations	The federal statutory income tax rate is reconciled to the Company’s effective income tax rate for continuing operations for the years ended December 31, 2017, 2016 and 2015 as follows: 2017 2016 2015 Federal income tax at statutory rate 35.0 % 35.0 % 35.0 % State income provision (benefit) 16.3 2.3 5.7 Manufacturing & research incentives 7.9 2.0 (0.4 ) Taxes on foreign income which differ from the U.S. statutory rate 41.5 2.4 8.3 Adjustments for unrecognized tax benefits 0.5 (4.0 ) 1.5 Adjustments for valuation allowances 287.7 (69.8 ) (8.5 ) Spin-off tax costs — (1.3 ) (1.8 ) U.S. Tax Reform (228.3 ) — — Other items (35.4 ) (4.1 ) (2.8 ) Effective tax rate 125.2 % (37.5 )% 37.0 %
Schedules of Deferred Tax Assets (Liabilities)	Temporary differences and carryforwards that give rise to deferred tax assets and liabilities include the following items: (in millions) 2017 2016 Non-current deferred tax assets (liabilities): Inventories $ 16.5 $ 14.2 Accounts receivable (5.4 ) (4.6 ) Property, plant and equipment (9.7 ) 19.0 Intangible assets (33.8 ) (35.9 ) Deferred employee benefits 47.3 71.8 Product warranty reserves 5.5 6.1 Product liability reserves 5.0 7.8 Tax credits 6.7 4.9 Loss carryforwards 159.2 145.4 Deferred revenue 7.4 10.8 Transition tax (26.2 ) — Other 2.2 (1.7 ) Total non-current deferred tax assets 174.7 237.8 Less valuation allowance (162.3 ) (269.6 ) Net deferred tax assets (liabilities), non-current $ 12.4 $ (31.8 ) The net deferred tax assets (liabilities) are reflected in the Consolidated Balance Sheets for the years ended December 31, 2017 and December 31, 2016 as follows: (in millions) 2017 2016 Long-term income tax assets, included in other non-current assets $ 25.4 $ 4.8 Long-term deferred income tax liability (13.0 ) (36.6 ) Net deferred income tax asset (liability) $ 12.4 $ (31.8 )
Schedule of Open Tax Years for Which the Company could be Subject to Income Tax Examination	The Company or one of its subsidiaries files income tax returns in the U.S. federal jurisdiction, and various state and foreign jurisdictions. The following table provides the open tax years for which the Company could be subject to income tax examination by the tax authorities in its major jurisdictions: Jurisdiction Open Years U.S. Federal 2012 — 2017 China 2007 — 2017 France 2013 — 2017 Germany 2011 — 2017
Reconciliation of the Beginning and Ending Amount of Unrecognized Tax Benefits	A reconciliation of the beginning and ending amount of unrecognized tax benefits for the years ended December 31, 2017, 2016 and 2015 is as follows: (in millions) 2017 2016 2015 Balance at beginning of year $ 21.5 $ 19.4 $ 20.8 Additions based on tax positions related to the current year 0.9 1.1 1.3 Additions for tax positions of prior years 4.9 5.0 0.2 Reductions for tax positions of prior years (0.5 ) (3.6 ) — Reductions based on settlements with taxing authorities (6.7 ) — — Reductions for lapse of statute (0.6 ) (0.4 ) (2.9 ) Balance at end of year $ 19.5 $ 21.5 $ 19.4

Earnings Per Share (Tables)

Earnings Per Share (Tables)	12 Months Ended
	Dec. 31, 2017
Earnings Per Share [Abstract]
Reconciliation of the average shares outstanding used to compute basic and diluted earnings per share	The following is a reconciliation of the average shares outstanding used to compute basic and diluted earnings per share: 2017 2016 2015 Basic weighted average common shares outstanding 35,111,594 34,441,777 34,009,048 Effect of dilutive securities - stock awards 743,308 — — Diluted weighted average common shares outstanding 35,854,902 34,441,777 34,009,048

Equity (Tables)

Equity (Tables)	12 Months Ended
	Dec. 31, 2017
Equity [Abstract]
Schedule of Components of Accumulated Other Comprehensive Income (Loss)	The components of accumulated other comprehensive income (loss) as of December 31, 2017 and 2016 are as follows: (in millions) 2017 2016 Foreign currency translation $ (52.4 ) $ (110.8 ) Derivative instrument fair market value, net of income taxes of $(0.3) and $(0.3) 0.1 (0.3 ) Employee pension and postretirement benefit adjustments, net of income taxes of $(14.9) and $(19.0) (45.1 ) (51.8 ) $ (97.4 ) $ (162.9 ) A reconciliation for the changes in accumulated other comprehensive income (loss), net of tax, by component for the year ended December 31, 2016 and December 31, 2017 is as follows: (in millions) Gains and Losses on Cash Flow Hedges Pension & Postretirement Foreign Currency Translation Total Balance at December 31, 2015 $ (3.8 ) $ (82.6 ) $ (121.4 ) $ (207.8 ) Other comprehensive loss before reclassifications (2.9 ) (8.6 ) (20.4 ) (31.9 ) Amounts reclassified from accumulated other comprehensive loss 4.3 4.5 — 8.8 Net current period other comprehensive income (loss) 1.4 (4.1 ) (20.4 ) (23.1 ) Distribution of MFS 2.1 34.9 31.0 68.0 Balance at December 31, 2016 (0.3 ) (51.8 ) (110.8 ) (162.9 ) Other comprehensive income (loss) before reclassifications (0.3 ) 7.0 58.4 65.1 Amounts reclassified from accumulated other comprehensive income (loss) 0.7 (0.3 ) — 0.4 Net current period other comprehensive income 0.4 6.7 58.4 65.5 Balance at December 31, 2017 $ 0.1 $ (45.1 ) $ (52.4 ) $ (97.4 )
Reclassification out of accumulated other comprehensive income	A reconciliation for the reclassifications out of accumulated other comprehensive income, net of tax, for the year ended December 31, 2017 is as follows: (in millions) Amount Reclassified from Accumulated Other Comprehensive Income Recognized Location Gains and losses on cash flow hedges Foreign exchange contracts $ (0.7 ) Cost of sales (0.7 ) Total before tax — Tax expense $ (0.7 ) Net of tax Amortization of pension and postretirement items Actuarial losses $ (5.2 ) (a) Amortization of prior service cost 1.3 (a) (3.9 ) Total before tax 4.2 Tax expense $ 0.3 Net of Tax Total reclassifications for the period $ (0.4 ) Net of Tax (a) These other comprehensive income components are included in the computation of net periodic pension cost (see Note 20, “Employee Benefit Plans,” for further details). A reconciliation for the reclassifications out of accumulated other comprehensive income, net of tax, for the year ended December 31, 2016 is as follows: (in millions) Amount Reclassified from Accumulated Other Comprehensive Income Recognized Location Gains and losses on cash flow hedges Foreign exchange contracts $ (0.9 ) Cost of sales Commodity contracts (0.2 ) Cost of sales Interest rate swap contracts: Float-to-fixed (4.3 ) Interest expense (5.4 ) Total before tax 1.1 Tax benefit $ (4.3 ) Net of tax Amortization of pension and postretirement items Actuarial losses $ (4.6 ) (a) Amortization of prior service cost (0.1 ) (a) (4.7 ) Total before tax 0.2 Tax benefit $ (4.5 ) Net of Tax Total reclassifications for the period $ (8.8 ) Net of Tax (a) These other comprehensive income components are included in the computation of net periodic pension cost (see Note 20, “Employee Benefit Plans,” for further details). A reconciliation for the reclassifications out of accumulated other comprehensive income, net of tax, for the year ended December 31, 2015 is as follows: (in millions) Amount Reclassified from Accumulated Other Comprehensive Income Recognized Location Gains and losses on cash flow hedges Foreign exchange contracts $ (11.7 ) Cost of sales Commodity contracts (4.0 ) Cost of sales Interest rate swap contracts: Float-to-fixed (2.6 ) Interest expense (18.3 ) Total before tax 6.8 Tax expense $ (11.5 ) Net of tax Amortization of pension and postretirement items Actuarial losses $ (7.5 ) (a) Amortization of prior service cost (0.1 ) (a) (7.6 ) Total before tax 2.1 Tax benefit $ (5.5 ) Net of Tax Total reclassifications for the period $ (17.0 ) Net of Tax (a) These other comprehensive income components are included in the computation of net periodic pension cost (see Note 20, “Employee Benefit Plans,” for further details).

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	12 Months Ended
	Dec. 31, 2017
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Summary of the Company's Stock Option Activity	A summary of the Company’s stock option activity is as follows ( the weighted average exercise price per share has been adjusted for the Spin-Off and November 2017 1-for-4 reverse stock split): Shares Weighted Average Exercise Price Aggregate Intrinsic Value Options outstanding as of January 1, 2016 1,397,571 $ 15.51 Granted 439,741 17.20 Exercised (712,514 ) 13.09 Forfeited (97,842 ) 16.38 Cancelled (61,056 ) 18.68 Options outstanding as of December 31, 2016 965,900 17.76 Granted 273,800 25.68 Exercised (258,699 ) 19.86 Forfeited (78,100 ) 20.16 Cancelled (26,536 ) 27.29 Options outstanding as of December 31, 2017 876,365 $ 19.13 $ 17.8 Options exercisable as of: December 31, 2017 372,206 $ 15.97 $ 8.7
Schedule of the Assumptions Used to Estimate the Fair Value of Each Option Grant	The fair value of each option grant was estimated at the date of grant using the Black-Scholes option-pricing method with the following assumptions: 2017 2016 2015 Expected Life (years) 6.5 6.5 6.0 Risk-free Interest rate 2.2 % 1.6 % 1.8 % Expected volatility 45.0 % 45.0 % 56.0 % Expected dividend yield — % — % 0.3 %
Restricted Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Schedule of Nonvested Share Activity	A summary of activity for restricted stock awards for the year ended December 31, 2017 is as follows: Shares Weighted Average Grant Date Fair Value Unvested as of January 1, 2017 39,028 $ 86.92 Granted — — Vested (11,058 ) 86.92 Forfeited (5,544 ) 86.92 Unvested as of December 31, 2017 22,426 $ 86.92
Performance Shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Schedule of Nonvested Share Activity	A summary of activity for restricted stock units for the year ended December 31, 2017 is as follows: Shares Weighted Average Grant Date Fair Value Unvested as of January 1, 2017 465,117 $ 44.08 Granted 267,902 25.87 Vested (72,891 ) 96.59 Forfeited (66,029 ) 27.72 Unvested as of December 31, 2017 594,099 $ 29.18

Segments (Tables)

Segments (Tables)	12 Months Ended
	Dec. 31, 2017
Segment Reporting [Abstract]
Schedule of Information by Reportable Segment	The following table shows information by reportable segment for the years ended December 31, 2017, 2016 and 2015 (in millions): 2017 2016 2015 Net Sales Americas $ 693.6 $ 736.3 $ 941.3 EURAF 628.9 560.4 498.9 MEAP 258.8 316.4 425.5 Total $ 1,581.3 $ 1,613.1 $ 1,865.7 Segment Operating Income (Loss) Americas $ 6.8 $ (37.1 ) $ 22.5 EURAF 2.3 (36.5 ) (28.9 ) MEAP 32.9 44.8 60.5 Total $ 42.0 $ (28.8 ) $ 54.1 Depreciation Americas $ 18.6 $ 24.5 $ 28.4 EURAF 15.0 15.7 15.9 MEAP 3.8 4.6 5.4 Corporate 0.7 0.8 0.9 Total $ 38.1 $ 45.6 $ 50.6 Capital Expenditures Americas $ 10.6 $ 14.5 $ 26.9 EURAF 14.3 26.9 23.4 MEAP 3.9 4.5 3.7 Corporate 0.1 — 0.9 Total $ 28.9 $ 45.9 $ 54.9
Schedule of Reconciliation of the Company's Segment Operating Income (Loss)	A reconciliation of the Company’s segment operating income (loss) to the consolidated statement of operations for the years ended December 31, 2017, 2016 and 2015 was as follows (in millions): 2017 2016 2015 Segment operating income (loss) $ 42.0 $ (28.8 ) $ 54.1 Unallocated corporate expenses (36.9 ) (42.1 ) (62.8 ) Asset impairment expense — (77.4 ) — Restructuring expense (3.6 ) (2.0 ) (3.7 ) Other operating income (expense) - net (0.4 ) (3.0 ) — Total operating income (loss) $ 1.1 $ (153.3 ) $ (12.4 )
Schedule of Net Sales from Continuing Operations and Long-Lived Asset Information by Geographic Area	Long-lived assets are defined as property, plant and equipment-net and other non-current assets, excluding goodwill, other intangible assets-net and deferred tax assets. Net Sales Long-Lived Assets (in millions) 2017 2016 2015 2017 2016 United States $ 618.5 $ 641.3 $ 784.5 $ 119.1 $ 152.9 Other North America 42.0 61.9 87.2 — — Europe 601.3 520.7 418.9 144.2 129.9 Asia 97.8 159.1 184.8 62.9 50.5 Middle East 102.6 119.6 193.8 1.3 1.4 Central and South America 27.1 24.9 63.7 9.3 10.8 Africa 27.6 39.7 80.0 — — Caribbean 6.0 8.2 5.9 — — Australia 58.4 37.7 46.9 0.3 0.4 Total $ 1,581.3 $ 1,613.1 $ 1,865.7 $ 337.1 $ 345.9
Schedule of Net Sales By Product	Net sales by product for 2017, 2016, and 2015 are as follows (in millions): 2017 2016 2015 Cranes $ 1,270.5 $ 1,311.1 $ 1,564.3 Aftermarket parts and other* 310.8 302.0 301.4 Total net sales $ 1,581.3 $ 1,613.1 $ 1,865.7 *Other revenue consists of revenue related to miscellaneous CraneCare services such as trainings and field service work.

Guarantees (Tables)

Guarantees (Tables)	12 Months Ended
	Dec. 31, 2017
Guarantees [Abstract]
Summary of Warranty Activity	Below is a table summarizing the warranty activity for the years ended December 31, 2017 and 2016: (in millions) 2017 2016 Balance at beginning of period $ 28.6 $ 32.4 Accruals for warranties issued during the period 34.6 20.4 Settlements made (in cash or in kind) during the period (29.9 ) (23.7 ) Currency translation 1.9 (0.5 ) Balance at end of period $ 35.2 $ 28.6

Restructuring and Asset Impai49

Restructuring and Asset Impairments (Tables)	12 Months Ended
	Dec. 31, 2017
Restructuring And Related Activities [Abstract]
Rollforward of all restructuring activities	The following is a roll-forward of the Company's restructuring activities for the twelve months ended December 31, 2017 (in millions): Restructuring Reserve Balance as of December 31, 2016 Restructuring Expenses Use of Reserve Reserve Reclassifications Restructuring Reserve Balance as of 2017 Total $ 8.2 $ 27.2 $ 28.8 $ 1.0 $ 5.6

Employee Benefit Plans (Tables)

Employee Benefit Plans (Tables)	12 Months Ended
	Dec. 31, 2017
Defined Benefit Plan Disclosure [Line Items]
Schedule of components of period benefit costs	The components of period benefit costs for the years ended December 31, 2017, 2016 and 2015 are as follows: US Pension Plans Non-US Pension Plans Postretirement Health and Other (in millions) 2017 2016 2015 2017 2016 2015 2017 2016 2015 Service cost - benefits earned during the year $ — $ — $ — $ 1.9 $ 1.7 $ 2.6 $ 0.3 $ 0.3 $ 0.4 Interest cost of projected benefit obligation 5.3 6.8 9.4 2.1 2.5 8.9 1.0 1.7 2.0 Expected return on assets (4.9 ) (5.7 ) (9.0 ) (1.5 ) (1.8 ) (7.4 ) — — — Amortization of prior service cost — — — 0.1 0.1 0.1 (1.4 ) — — Amortization of actuarial net loss (gain) 3.2 3.6 5.1 1.6 1.0 2.3 0.4 — 0.1 Curtailment gain recognized — — — — — — — — — Net periodic benefit cost $ 3.6 $ 4.7 $ 5.5 $ 4.2 $ 3.5 $ 6.5 $ 0.3 $ 2.0 $ 2.5 Weighted average assumptions: Discount rate 4.2 % 4.5 % 4.1 % 2.1 % 2.9 % 3.3 % 3.8 % 4.2 % 3.7 % Expected return on plan assets 4.7 % 5.5 % 5.8 % 3.4 % 4.0 % 3.6 % N/A N/A N/A Rate of compensation increase N/A N/A N/A 2.6 % 2.4 % 3.9 % N/A N/A 1.5 %
Reconciliation of the Changes in Benefit Obligation, the Changes in Plan Assets, and the Funded Status	The following is a reconciliation of the changes in benefit obligation, the changes in plan assets, and the funded status as of December 31, 2017 and 2016: US Pension Plans Non-US Pension Plans Postretirement Medical and Other (in millions) 2017 2016 2017 2016 2017 2016 Change in Benefit Obligation Benefit obligation, beginning of year $ 155.6 $ 218.5 $ 82.8 $ 252.5 $ 41.6 $ 51.8 Distribution of MFS — (62.4 ) — (170.4 ) — (10.1 ) Service cost — — 1.9 1.7 0.3 0.3 Interest cost 5.3 6.8 2.1 2.5 1.0 1.7 Participant contributions — — — — 1.4 1.9 Medicare subsidies received — — — — — 0.2 Plan amendments — — — — (13.8 ) — Net transfer out — — — — — — Actuarial (gain) loss 10.0 0.9 (2.2 ) 11.0 2.9 1.8 Currency translation adjustment — — 9.2 (9.9 ) — — Benefits paid (8.6 ) (8.2 ) (4.3 ) (4.6 ) (4.5 ) (6.0 ) Benefit obligation, end of year $ 162.3 $ 155.6 $ 89.5 $ 82.8 $ 28.9 $ 41.6 Change in Plan Assets Fair value of plan assets, beginning of year $ 108.6 $ 143.9 $ 41.8 $ 196.9 $ — $ — Distribution of MFS — (34.1 ) — (147.8 ) — — Actual return on plan assets 11.5 6.4 1.1 2.7 — — Employer contributions 4.7 0.6 2.1 2.2 3.1 3.9 Participant contributions — — — — 1.4 1.9 Medicare subsidies received — — — — — 0.2 Currency translation adjustment — — 4.4 (7.6 ) — — Net transfer out — — — — — — Benefits paid (8.6 ) (8.2 ) (4.3 ) (4.6 ) (4.5 ) (6.0 ) Fair value of plan assets, end of year 116.2 108.6 45.1 41.8 — — Funded status $ (46.1 ) $ (47.0 ) $ (44.4 ) $ (41.0 ) $ (28.9 ) $ (41.6 ) Amounts recognized in the Consolidated Balance sheet at December 31 Pension asset $ — $ — $ — $ — $ — $ — Pension obligation (46.1 ) (47.0 ) (44.4 ) (41.0 ) — — Postretirement medical and other benefit obligations — — — — (28.9 ) (41.6 ) Net amount recognized $ (46.1 ) $ (47.0 ) $ (44.4 ) $ (41.0 ) $ (28.9 ) $ (41.6 ) Weighted-Average Assumptions Discount rate 3.6 % 4.2 % 2.2 % 2.1 % 3.3 % 3.8 % Expected return on plan assets 4.7 % 5.5 % 3.4 % 4.0 % N/A N/A Rate of compensation increase N/A N/A 2.6 % 2.4 % N/A N/A
Amounts Recognized in Accumulated Other Comprehensive Income	Amounts recognized in accumulated other comprehensive income as of December 31, 2017 and 2016, consist of the following: Pensions Postretirement Medical and Other (in millions) 2017 2016 2017 2016 Net actuarial gain (loss) $ (64.2 ) $ (65.1 ) $ (7.6 ) $ (5.1 ) Prior service credit (0.6 ) (0.6 ) 12.5 — Total amount recognized $ (64.8 ) $ (65.7 ) $ 4.9 $ (5.1 )
Summary of the Sensitivity of Retirement Obligations and Retirement Benefit Costs of Plans to Changes in the Key Assumptions	The following table summarizes the sensitivity of our December 31, 2017 retirement obligations and 2017 retirement benefit costs of our plans to changes in the key assumptions used to determine those results (in millions): Change in assumption: Estimated increase (decrease) in 2018 pension cost Estimated increase (decrease) in Projected Benefit Obligation for the year ended December 31, 2017 Estimated increase (decrease) in 2018 Other Postretirement Benefit costs Estimated increase (decrease) in Other Postretirement Benefit Obligation for the year ended December 31, 2017 0.50% increase in discount rate $ (0.9 ) $ (15.0 ) $ (0.1 ) $ (0.9 ) 0.50% decrease in discount rate 0.9 16.2 0.1 0.9 0.50% increase in long-term return on assets (0.8 ) N/A N/A N/A 0.50% decrease in long-term return on assets 0.8 N/A N/A N/A 1% increase in medical trend rates N/A N/A 0.3 1.4 1% decrease in medical trend rates N/A N/A (0.3 ) (1.3 )
Schedule of the Actual Allocations for the Pension Assets and Target Allocations by Asset Class	The actual allocations for the pension assets at December 31, 2017, and target allocations by asset class, are as follows: Target Allocations Weighted Average Asset Allocations U.S. Plans International Plans U.S. Plans International Plans Equity Securities 50 % 0 - 25% 48.0 % 35.6 % Debt Securities 50 % 0 - 100% 48.3 % 31.6 % Other — % 0 - 100% 3.7 % 32.8 %
Schedule of Plan Assets Using the Fair Value Hierarchy	The following table presents our plan assets using the fair value hierarchy as of December 31, 2017 and 2016. The fair value hierarchy has three levels based on the reliability of the inputs used to determine fair value. Level 1 refers to fair values determined based on quoted prices in active markets for identical assets. Level 2 refers to fair values estimated using significant other observable inputs, and Level 3 includes fair values estimated using significant non-observable inputs. December 31, 2017 Assets (in millions) Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Unobservable Inputs (Level 3) Net Asset Value ("NAV") Total Cash $ 4.7 $ — $ — $ — $ 4.7 Insurance group annuity contracts — — 14.4 — 14.4 Common/collective trust funds — Government, corporate and other non-government debt — — — 70.4 70.4 Common/collective trust funds — Corporate equity — — — 71.8 71.8 Total $ 4.7 $ — $ 14.4 $ 142.2 $ 161.3 December 31, 2016 Assets (in millions) Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Unobservable Inputs (Level 3) Net Asset Value ("NAV") Total Cash $ 0.9 $ — $ — $ — $ 0.9 Insurance group annuity contracts — — 14.5 — 14.5 Common/collective trust funds — Government, corporate and other non-government debt — — — 93.7 — Common/collective trust funds — Corporate equity — — — 41.3 — Total $ 0.9 $ — $ 14.5 $ 135.0 $ 150.4
Reconciliation of the Fair Values Measurements of Plan Assets Using Significant Unobservable Inputs (Level 3) from the Beginning of the Year to the End of the Year	A reconciliation of the fair values measurements of plan assets using significant unobservable inputs (Level 3) from the beginning of the year to the end of the year is as follows: Insurance Contracts Year Ended December 31, (in millions) 2017 2016 Beginning Balance $ 14.5 $ 106.5 Distribution of MFS — (89.9 ) Actual return on assets — 2.0 Benefit payments (1.5 ) (1.4 ) Foreign currency impact 1.3 (2.7 ) Ending Balance $ 14.4 $ 14.5
Schedule of Projected Benefit Payments from the Plans	Projected benefit payments from the plans as of December 31, 2017 are estimated as follows: (in millions) U.S Pension Plans Non-U.S. Pension Plans Postretirement Health and Other 2018 $ 9.8 $ 2.9 $ 3.5 2019 10.0 3.1 3.4 2020 10.2 3.4 3.2 2021 10.2 3.7 3.1 2022 10.1 3.8 2.6 2023 — 2027 49.7 21.3 10.1
Schedule of Fair Value of Plan Assets for which the Accumulated Benefit Obligation is in Excess of Plan Assets	The fair value of plan assets for which the accumulated benefit obligation is in excess of the plan assets as of December 31, 2017 and 2016 is as follows: U.S Pension Plans Non U.S. Pension Plans (in millions) 2017 2016 2017 2016 Projected benefit obligation $ 162.3 $ 155.6 $ 85.6 $ 79.1 Accumulated benefit obligation 162.3 155.6 82.1 76.2 Fair value of plan assets 116.2 108.6 41.6 38.4
U.S. Pension Plans
Defined Benefit Plan Disclosure [Line Items]
Schedule of the Weighted-Average Asset Allocations of the Pension Plans	The weighted-average asset allocations of the U.S. pension plans at December 31, 2017 and 2016, by asset category are as follows: 2017 2016 Equity 48.0 % 25.0 % Fixed income 48.3 % 74.4 % Other 3.7 % 0.6 % 100.0 % 100.0 %
Non-US Pension Plans
Defined Benefit Plan Disclosure [Line Items]
Schedule of the Weighted-Average Asset Allocations of the Pension Plans	The weighted-average asset allocations of the Non-U.S. pension plans at December 31, 2017 and 2016, by asset category are as follows: 2017 2016 Equity 35.6 % 33.7 % Fixed income 31.6 % 31.1 % Other 32.8 % 35.2 % 100.0 % 100.0 %

Leases (Tables)

Leases (Tables)	12 Months Ended
	Dec. 31, 2017
Leases [Abstract]
Future Minimum Rental Obligations Under Non-Cancelable Operating Leases	Future minimum rental obligations under non-cancelable operating leases as of December 31, 2017 are payable as follows: (in millions) 2018 $ 18.5 2019 15.7 2020 14.8 2021 13.9 2022 12.7 Thereafter 20.7 Total $ 96.3

Quarterly Financial Data (Una52

Quarterly Financial Data (Unaudited) (Tables)	12 Months Ended
	Dec. 31, 2017
Quarterly Financial Information Disclosure [Abstract]
Schedule of Quarterly Financial Data	The following tables present select quarterly financial data for 2017 and 2016: Historical 2017 2016 (in millions, except per share data) First Second Third Fourth First Second Third Fourth Statements of operations: Net sales $ 305.8 $ 394.6 $ 399.4 $ 481.5 $ 427.4 $ 457.7 $ 349.8 $ 378.2 Cost of sales 253.9 318.3 326.9 400.3 347.7 370.4 309.0 332.7 Gross profit 51.9 76.3 72.5 81.2 79.7 87.3 40.8 45.5 Operating income (loss) (23.7 ) 9.9 7.9 7.0 0.8 3.9 (134.2 ) (23.8 ) (Loss) income from continuing operations before taxes (34.5 ) 3.0 (3.4 ) (4.6 ) (85.0 ) (4.3 ) (144.2 ) (34.6 ) Provision (benefit) for taxes on income 1.5 2.3 (13.1 ) (40.2 ) 107.7 0.7 (5.3 ) (2.6 ) Income (loss) from continuing operations (36.0 ) 0.7 9.7 35.6 (192.7 ) (5.0 ) (138.9 ) (32.0 ) (Loss) income from discontinued operations, net of income taxes — (0.2 ) (0.1 ) (0.3 ) (3.2 ) (0.8 ) (1.8 ) (1.4 ) Net income (loss) (36.0 ) 0.5 9.6 35.3 (195.9 ) (5.8 ) (140.7 ) (33.4 ) Basic (loss) income per share: (Loss) income from continuing operations $ (1.04 ) $ — $ 0.28 $ 1.01 $ (5.64 ) $ (0.15 ) $ (4.01 ) $ (0.92 ) (Loss) income from discontinued operations — — — (0.01 ) (0.09 ) (0.02 ) (0.05 ) (0.04 ) (Loss) income per share $ (1.04 ) $ — $ 0.28 $ 1.00 $ (5.73 ) $ (0.17 ) $ (4.06 ) $ (0.96 ) Diluted (loss) income per share: (Loss) income from continuing operations $ (1.04 ) $ — $ 0.28 $ 0.98 $ (5.64 ) $ (0.15 ) $ (4.01 ) $ (0.92 ) (Loss) income from discontinued operations — — — (0.01 ) (0.09 ) (0.02 ) (0.05 ) (0.04 ) (Loss) income per share $ (1.04 ) $ — $ 0.28 $ 0.97 $ (5.73 ) $ (0.17 ) $ (4.06 ) $ (0.96 ) Dividends per common share $ — $ — $ — $ — $ — $ — $ — $ — Cash flows from operations: Net income (loss) $ (36.0 ) $ 0.5 $ 9.6 $ 35.3 $ (195.9 ) $ (5.8 ) $ (140.7 ) $ (33.4 ) Deferred income taxes — — (1.3 ) (42.8 ) 110.3 1.1 2.6 (12.6 ) Change in inventories, net (31.2 ) (3.4 ) 0.8 89.4 (33.7 ) (6.2 ) 7.5 85.1

Company and Basis of Presenta53

Company and Basis of Presentation - Narrative (Details) crane in Thousands, $ in Millions	3 Months Ended	12 Months Ended
	Mar. 31, 2016	Dec. 31, 2017USD ($)crane	Dec. 31, 2016USD ($)	Dec. 31, 2015USD ($)
Organization Consolidation And Presentation Of Financial Statements [Abstract]
Period of providing high-quality, customer-focused products and support services		115 years
Net sales | $		$ 1,581.3	$ 1,613.1	$ 1,865.7
Number of cranes serviced | crane		143
Shares received per parent share	100.00%
Stockholders' equity stock split, conversion ratio		0.25

Summary of Significant Accoun54

Summary of Significant Accounting Policies - Schedule of Estimated Useful Lives of Other Intangible Assets (Details)	12 Months Ended
	Dec. 31, 2017
Patents
Estimated useful lives of other intangible assets
Finite-lived intangible asset, useful life	20 years
Engineering Drawings
Estimated useful lives of other intangible assets
Finite-lived intangible asset, useful life	15 years
Customer Relationships
Estimated useful lives of other intangible assets
Finite-lived intangible asset, useful life	10 years

Summary of Significant Accoun55

Summary of Significant Accounting Policies - Schedule of Estimated Useful Lives of Property, Plant and Equipment (Details)	12 Months Ended
	Dec. 31, 2017
Building and Improvements | Minimum
Property, Plant and Equipment
Property, plant and equipment, useful lives	2 years
Building and Improvements | Maximum
Property, Plant and Equipment
Property, plant and equipment, useful lives	40 years
Machinery, Equipment and Tooling | Minimum
Property, Plant and Equipment
Property, plant and equipment, useful lives	2 years
Machinery, Equipment and Tooling | Maximum
Property, Plant and Equipment
Property, plant and equipment, useful lives	20 years
Furniture and Fixtures | Minimum
Property, Plant and Equipment
Property, plant and equipment, useful lives	3 years
Furniture and Fixtures | Maximum
Property, Plant and Equipment
Property, plant and equipment, useful lives	20 years
Computer Hardware and Software | Minimum
Property, Plant and Equipment
Property, plant and equipment, useful lives	2 years
Computer Hardware and Software | Maximum
Property, Plant and Equipment
Property, plant and equipment, useful lives	10 years
Rental Cranes | Minimum
Property, Plant and Equipment
Property, plant and equipment, useful lives	5 years
Rental Cranes | Maximum
Property, Plant and Equipment
Property, plant and equipment, useful lives	15 years

Summary of Significant Accoun56

Summary of Significant Accounting Policies - Narrative (Details) $ in Millions	12 Months Ended
	Dec. 31, 2017USD ($)estimate	Dec. 31, 2016USD ($)	Dec. 31, 2015USD ($)
Property, Plant and Equipment
Property, plant and equipment — net	$ 294.9	$ 308.8
Number of estimates upon which the product liability reserves are based | estimate	2
Research and development costs	$ 37.9	44.5	$ 57.6
Assets Leased to Others
Property, Plant and Equipment
Property, plant and equipment — net	$ 54.3	$ 57.9

Discontinued Operations - Narra

Discontinued Operations - Narrative (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Dividend from spun-off subsidiary	$ 0	$ 1,361.7	$ 0
Spinoff | Manitowoc Food Service
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Separation expense		$ 27.7	$ 39.4

Discontinued Operations - Major

Discontinued Operations - Major classes of line items constituting earnings from discontinued operations before income taxes related to MFS (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Results of discontinued operations
Provision for taxes on income	$ 0	$ 0.6	$ 35.9
Spinoff | Manitowoc Food Service
Results of discontinued operations
Net sales		219.6	1,570.1
Cost of sales		141.5	1,065.6
Engineering, selling and administrative expenses		48.3	271.3
Amortization of intangible assets		5.2	31.4
Asset impairment expense		0	9
Restructuring expense		0.3	4.6
Separation expense		27.7	39.4
Other		0	0.9
Total operating costs and expenses		223	1,422.2
Operating (loss) income		(3.4)	147.9
Other (expense) income		(2.2)	23.4
(Loss) income from discontinued operations before income taxes		(5.6)	171.3
Provision for taxes on income		0.6	35.9
(Loss) income from discontinued operations, net of income taxes		$ (6.2)	$ 135.4

Discontinued Operations - Maj59

Discontinued Operations - Major classes of line items constituting earnings from discontinued operations before income taxes related to MFS (Parenthetical) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Business Disposed Prior to 2014
Results of discontinued operations
(Loss) income from discontinued operations, net of income taxes	$ (1)	$ 0

Fair Value of Financial Instr60

Fair Value of Financial Instruments - Financial assets and liabilities accounted for at fair value on a recurring basis by level within the fair value hierarchy (Details) - Estimate of Fair Value Measurement - Fair Value, Measurements, Recurring $ in Millions	Dec. 31, 2016USD ($)
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Derivatives assets, current	$ 0.4
Derivative liabilities, current	1
Foreign Currency Exchange Contracts
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Derivatives assets, current	0.2
Derivative liabilities, current	1
Commodity Contracts
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Derivative liabilities, current	0.2
Level 2
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Derivatives assets, current	0.4
Derivative liabilities, current	1
Level 2 | Foreign Currency Exchange Contracts
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Derivatives assets, current	0.2
Derivative liabilities, current	1
Level 2 | Commodity Contracts
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Derivative liabilities, current	$ 0.2

Fair Value of Financial Instr61

Fair Value of Financial Instruments - Narrative (Details) - Senior Notes Due 2021 - USD ($) $ in Millions	Dec. 31, 2017	Dec. 31, 2016
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Debt instruments at fair value	$ 297.3	$ 282.2
Interest rate, stated percentage (as a percent)	12.75%

Inventories - Components of Inv

Inventories - Components of Inventories (Details) - USD ($) $ in Millions	Dec. 31, 2017	Dec. 31, 2016
Inventories:
Raw materials	$ 122	$ 109.3
Work-in-process	94.3	88.4
Finished goods	227.7	270.9
Total inventories — gross	444	468.6
Excess and obsolete inventory reserve	(47.9)	(39.6)
Net inventories	$ 396.1	$ 429

Inventories - Schedule of Retro

Inventories - Schedule of Retrospective Adjustment for Change in Inventory (Details) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended									12 Months Ended
	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Mar. 31, 2015	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Cost of sales												$ 1,533.5
Operating (loss) income										$ 1.1	$ (153.3)	(12.4)
Loss from continuing operations before taxes										(39.5)	(268.1)	(111)
Provision (benefit) for taxes on income										(49.5)	100.5	(41.1)
Loss from continuing operations										10	(368.6)	(69.9)
Net (loss) income												65.5
Net (loss) income attributable to Manitowoc common shareholders										$ 9.4	$ (375.8)	$ 65.5
Basic (loss) income per share from continuing operations										$ 0.28	$ (10.70)	$ (2.06)
Diluted (loss) income per share from continuing operations										$ 0.28	$ (10.70)	$ (2.06)
Deferred income taxes										$ (44.1)	$ 101.4	$ (4.4)
Inventories										$ 55.6	$ 52.7	(7.2)
Historical
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Cost of sales												1,537
Operating (loss) income	$ 7	$ 7.9	$ 9.9	$ (23.7)	$ (23.8)	$ (134.2)	$ 3.9	$ 0.8				(15.9)
Loss from continuing operations before taxes	(4.6)	(3.4)	3	(34.5)	(34.6)	(144.2)	(4.3)	(85)				(114.5)
Provision (benefit) for taxes on income	(40.2)	(13.1)	2.3	1.5	(2.6)	(5.3)	0.7	107.7				(42.6)
Loss from continuing operations												(71.9)
Net (loss) income	$ 35.3	$ 9.6	0.5	$ (36)	$ (33.4)	$ (140.7)	$ (5.8)	$ (195.9)				63.5
Net (loss) income attributable to Manitowoc common shareholders												$ 63.5
Basic (loss) income per share from continuing operations	$ 1.01	$ 0.28		$ (1.04)	$ (0.92)	$ (4.01)	$ (0.15)	$ (5.64)				$ (2.11)
Diluted (loss) income per share from continuing operations	$ 0.98	$ 0.28		$ (1.04)	$ (0.92)	$ (4.01)	$ (0.15)	$ (5.64)				$ (2.11)
Deferred income taxes	$ 42.8	$ 1.3			$ 12.6	$ (2.6)	$ (1.1)	$ (110.3)				$ (5.9)
Inventories	$ (89.4)	$ (0.8)	$ 3.4	$ 31.2	$ (85.1)	$ (7.5)	$ 6.2	33.7				(3.7)
Impact of Change to FIFO
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Cost of sales												(3.5)
Operating (loss) income												3.5
Loss from continuing operations before taxes												3.5
Provision (benefit) for taxes on income									$ 2.1			1.5
Loss from continuing operations								$ (3.5)				2
Net (loss) income												2
Net (loss) income attributable to Manitowoc common shareholders												$ 2
Basic (loss) income per share from continuing operations												$ 0.02
Diluted (loss) income per share from continuing operations												$ 0.02
Deferred income taxes												$ 1.5
Inventories												$ (3.5)

Notes Receivable - Narrative (D

Notes Receivable - Narrative (Details) - USD ($) $ in Millions	Dec. 31, 2017	Dec. 31, 2016
Receivables [Abstract]
Notes receivable, current	$ 31.1	$ 62.4
Notes receivable, long term	$ 27.4	$ 21.1

Property, Plant and Equipment -

Property, Plant and Equipment - Components of property, plant and equipment (Details) - USD ($) $ in Millions	Dec. 31, 2017	Dec. 31, 2016
Property, Plant and Equipment
Total cost	$ 722.9	$ 789.6
Less accumulated depreciation	(428)	(480.8)
Property, plant and equipment-net	294.9	308.8
Land
Property, Plant and Equipment
Total cost	25.4	23.6
Building and Improvements
Property, Plant and Equipment
Total cost	196.4	225
Machinery, Equipment and Tooling
Property, Plant and Equipment
Total cost	263.6	292.6
Furniture and Fixtures
Property, Plant and Equipment
Total cost	15.6	16.7
Computer Hardware and Software
Property, Plant and Equipment
Total cost	114.4	126
Rental Cranes
Property, Plant and Equipment
Total cost	90.2	89
Property, plant and equipment-net	54.3	57.9
Construction in Progress
Property, Plant and Equipment
Total cost	$ 17.3	$ 16.7

Property, Plant and Equipment66

Property, Plant and Equipment - Narrative (Details) - USD ($)	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Property, Plant and Equipment
Asset impairment expense	$ 100,000	$ 96,900,000	$ 15,300,000
Other Current Assets
Property, Plant and Equipment
Net book value of assets held for sale	$ 25,000,000	$ 0

Goodwill and Other Intangible67

Goodwill and Other Intangible Assets - Changes in goodwill by reportable segment (Details) - USD ($) $ in Millions	2 Months Ended	10 Months Ended	12 Months Ended
	Dec. 31, 2017	Oct. 31, 2017	Dec. 31, 2016
Goodwill
Net balance at the beginning of the period		$ 299.6
Net balance at the end of the period	$ 321.3		$ 299.6
Cranes
Goodwill
Net balance at the beginning of the period		299.6	306.5
Foreign currency impact		16.5	(6.9)
Reallocation of goodwill		(316.1)
Net balance at the end of the period			$ 299.6
Americas
Goodwill
Reallocation of goodwill		166.5
Net balance at the end of the period	166.5
Europe and Africa ("EURAF")
Goodwill
Foreign currency impact	4.4
Reallocation of goodwill		81.5
Net balance at the end of the period	85.9
Middle East and Asia Pacific ("MEAP")
Goodwill
Foreign currency impact	0.8
Reallocation of goodwill		$ 68.1
Net balance at the end of the period	$ 68.9

Goodwill and Other Intangible68

Goodwill and Other Intangible Assets - Narrative (Details) - USD ($)	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Goodwill And Intangible Assets Disclosure [Abstract]
Goodwill and intangible asset impairment		$ 0
Amortization of intangible assets	$ 800,000	$ 3,000,000	$ 3,000,000
Future amortization expense, 2018	300,000
Future amortization expense, 2019	300,000
Future amortization expense, 2020	300,000
Future amortization expense, 2021	300,000
Future amortization expense, 2022	$ 300,000

Goodwill and Other Intangible69

Goodwill and Other Intangible Assets - Gross carrying amount and accumulated amortization of the company's intangible assets other than goodwill (Details) - USD ($) $ in Millions	Dec. 31, 2017	Dec. 31, 2016
Intangible asset balances by major asset class
Finite-lived Intangible assets, amortization amount	$ (49.3)	$ (45.3)
Intangible assets, gross (excluding goodwill)	171.4	159.4
Intangible assets, book value	122.1	114.1
Customer Relationships
Intangible asset balances by major asset class
Finite-lived intangible assets, carrying amount	10.7	10.3
Finite-lived Intangible assets, amortization amount	(8.7)	(7.8)
Finite-lived intangible assets, book value	2	2.5
Patents
Intangible asset balances by major asset class
Finite-lived intangible assets, carrying amount	30.6	28.5
Finite-lived Intangible assets, amortization amount	(29.7)	(27.4)
Finite-lived intangible assets, book value	0.9	1.1
Engineering Drawings
Intangible asset balances by major asset class
Finite-lived intangible assets, carrying amount	10.8	10
Finite-lived Intangible assets, amortization amount	(10.7)	(9.9)
Finite-lived intangible assets, book value	0.1	0.1
Distribution Network
Intangible asset balances by major asset class
Finite-lived intangible assets, carrying amount	19.5	18
Finite-lived Intangible assets, amortization amount	(0.1)	0
Finite-lived intangible assets, book value	19.4	18
Other Intangibles
Intangible asset balances by major asset class
Finite-lived intangible assets, carrying amount	0.1	0.2
Finite-lived Intangible assets, amortization amount	(0.1)	(0.2)
Finite-lived intangible assets, book value	0	0
Trademarks and Tradenames
Intangible asset balances by major asset class
Indefinite-lived intangible assets, book value	$ 99.7	$ 92.4

Accounts Payable and Accrued 70

Accounts Payable and Accrued Expenses (Details) - USD ($) $ in Millions	Dec. 31, 2017	Dec. 31, 2016
Payables And Accruals [Abstract]
Trade accounts payable	$ 204.9	$ 157.7
Employee-related expenses	59.7	28.1
Accrued vacation	23.8	21.8
Miscellaneous accrued expenses	87.4	113.6
Total accounts payable and accrued expenses	$ 375.8	$ 321.2

Debt - Schedule of outstanding

Debt - Schedule of outstanding debt (Details) - USD ($)	Dec. 31, 2017	Dec. 31, 2016
Debt Instrument [Line Items]
Total debt	$ 274,900,000	$ 281,500,000
Deferred financing costs	(3,100,000)	(4,000,000)
Less current portion and short-term borrowings	(8,200,000)	(12,400,000)
Long-term debt	266,700,000	269,100,000
ABL Revolving Credit Facility
Debt Instrument [Line Items]
Revolving credit facility	0
Senior Notes Due 2021
Debt Instrument [Line Items]
Total debt	251,900,000	249,800,000
Other
Debt Instrument [Line Items]
Total debt	$ 26,100,000	$ 35,700,000

Debt - Narrative (Details)

Debt - Narrative (Details)	Mar. 03, 2016USD ($)	Jan. 03, 2014USD ($)facility	Mar. 31, 2016USD ($)	Dec. 31, 2017USD ($)	Dec. 31, 2016USD ($)	Dec. 31, 2015USD ($)	Feb. 18, 2016USD ($)
Debt Instrument [Line Items]
Carrying amount				$ 274,900,000	$ 281,500,000
Loss on debt extinguishment				$ 0	76,300,000	$ 200,000
Period for which the entity will be able to comply with the financial covenants				12 months
Revolving Credit Facility
Debt Instrument [Line Items]
Number of loan facilities included with the senior credit facility | facility		3
Senior Notes Due 2021
Debt Instrument [Line Items]
Face amount of debt				$ 260,000,000	260,000,000		$ 260,000,000
Carrying amount				$ 251,900,000	249,800,000
Interest rate, stated percentage (as a percent)				12.75%
Other
Debt Instrument [Line Items]
Carrying amount				$ 26,100,000	$ 35,700,000
Weighted average interest rate (as a percent)				550.00%
Asset Based Revolving Credit Facility | Revolving Credit Facility | Wells Fargo Bank
Debt Instrument [Line Items]
Maximum borrowing capacity under revolving credit facility	$ 225,000,000
Asset Based Revolving Credit Facility | Revolving Credit Facility | Wells Fargo Bank | Line of Credit
Debt Instrument [Line Items]
Debt term (in years)	5 years
Asset Based Revolving Credit Facility | Letter of Credit | Wells Fargo Bank
Debt Instrument [Line Items]
Maximum borrowing capacity under revolving credit facility	$ 75,000,000
Asset Based Revolving Credit Facility | Letter of Credit | Wells Fargo Bank | Subsidiary
Debt Instrument [Line Items]
Maximum borrowing capacity under revolving credit facility	$ 10,000,000
ABL Revolving Credit Facility
Debt Instrument [Line Items]
Weighted average interest rate (as a percent)				3.20%
Line of credit outstanding				$ 0
Highest daily borrowing				$ 59,500,000
Fixed charge coverage ratio	100.00%
ABL Revolving Credit Facility | LIBOR
Debt Instrument [Line Items]
Basis spread on variable rate (as a percent)				1.50%
ABL Revolving Credit Facility | Prime Rate
Debt Instrument [Line Items]
Basis spread on variable rate (as a percent)				0.50%
ABL Revolving Credit Facility | Revolving Credit Facility
Debt Instrument [Line Items]
Average borrowing				$ 18,400,000
Excess capacity				103,600,000
Line of credit borrowing capacity				118,100,000
ABL Revolving Credit Facility | Letter of Credit
Debt Instrument [Line Items]
Line of credit outstanding				$ 14,400,000
Prior Senior Credit Facility
Debt Instrument [Line Items]
Weighted average interest rate (as a percent)					3.50%
Maximum borrowing capacity under revolving credit facility		$ 1,050,000,000
Highest daily borrowing					$ 234,000,000
Average borrowing					$ 117,400,000
Prior Senior Credit Facility | Revolving Credit Facility
Debt Instrument [Line Items]
Maximum borrowing capacity under revolving credit facility		$ 500,000,000
Debt term (in years)		5 years
Prior Senior Credit Facility | Term Loan A
Debt Instrument [Line Items]
Maximum borrowing capacity under revolving credit facility		$ 350,000,000
Debt term (in years)		5 years
Prior Senior Credit Facility | Term Loan B
Debt Instrument [Line Items]
Maximum borrowing capacity under revolving credit facility		$ 200,000,000
Debt term (in years)		7 years
Term Loan A | Cash Flow Hedging
Debt Instrument [Line Items]
Notional amount			$ 175,000,000
Term Loan A | Cash Flow Hedging | Interest Rate Swap Contracts: Float-to-Fixed
Debt Instrument [Line Items]
Terminated derivatives			5,900,000
Write off of deferred financing expense			4,300,000
Senior Notes, Due 2020
Debt Instrument [Line Items]
Write off of deferred financing expense			6,900,000
Interest rate, stated percentage (as a percent)	8.50%
Redemption premium	$ 625,500,000
Redemption price (as a percent)	104.25%
Loss on debt extinguishment			31,500,000
Debt redemption premium			24,600,000
Derivative, notional amount	$ 11,800,000
Senior Notes, Due 2022
Debt Instrument [Line Items]
Write off of deferred financing expense			3,400,000
Interest rate, stated percentage (as a percent)	5.875%
Redemption premium	$ 330,500,000
Redemption price (as a percent)	110.167%
Loss on debt extinguishment			34,600,000
Debt redemption premium			$ 31,200,000
Derivative, notional amount	$ 700,000

Debt - Schedule of Aggregate Ma

Debt - Schedule of Aggregate Maturities of Outstanding Debt Obligations in Subsequent Years (Details) $ in Millions	Dec. 31, 2017USD ($)
Aggregate scheduled maturities of outstanding debt obligations in subsequent years
2,018	$ 8.2
2,019	6.7
2,020	3.8
2,021	266.2
2,022	0.4
Thereafter	0.7
Total	$ 286

Debt - Schedule of Aggregate 74

Debt - Schedule of Aggregate Maturities of Outstanding Debt Obligations in Subsequent Years (Parenthetical) (Details) - USD ($) $ in Millions	Dec. 31, 2017	Dec. 31, 2016
Debt Disclosure [Abstract]
Discount on debt issuance	$ 8
Deferred financing costs	$ 3.1	$ 4

Accounts Receivable Securitiz75

Accounts Receivable Securitization - Narrative (Details) - USD ($)	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Accounts Receivable Securitization
Trade accounts receivable balance sold	$ 695,200,000	$ 600,300,000
Proceeds from collection of receivables	645,500,000	627,200,000
Sales of trade receivables	31,800,000	19,500,000
Fair value of deferred purchase price notes	$ 60,600,000	$ 30,600,000
Average collection cycle for accounts receivable (in days) (less than)	60 days
Period for which the entity will be able to comply with the financial covenants	12 months
Maximum
Accounts Receivable Securitization
Capacity of securitization program	$ 75,000,000

Income Taxes - Summary of Earni

Income Taxes - Summary of Earnings from Continuing Operations (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Earnings (loss) from continuing operations before income taxes:
Domestic	$ (98.5)	$ (293)	$ (184)
Foreign	59	24.9	73
Loss from continuing operations before taxes	$ (39.5)	$ (268.1)	$ (111)

Income Taxes - Schedule of Inco

Income Taxes - Schedule of Income Tax Expense (Benefit) from Continuing Operations (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Current:
Federal and state	$ (12.8)	$ (13)	$ (48.6)
Foreign	7.4	12.1	11.9
Total current	(5.4)	(0.9)	(36.7)
Deferred:
Federal and state	(7)	98.7	(8.3)
Foreign	(37.1)	2.7	3.9
Total deferred	(44.1)	101.4	(4.4)
Provision (benefit) for taxes on income	$ (49.5)	$ 100.5	$ (41.1)

Income Taxes - Reconciliation o

Income Taxes - Reconciliation of the Federal Statutory Income Tax Rate to the Company's Effective Income Tax Rate for Continuing Operations (Details)	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Effective Income Tax Rate Continuing Operations Tax Rate Reconciliation [Abstract]
Federal income tax at statutory rate (as a percent)	35.00%	35.00%	35.00%
State income provision (benefit) (as a percent)	16.30%	2.30%	5.70%
Manufacturing & research incentives (as a percent)	7.90%	2.00%	(0.40%)
Taxes on foreign income which differ from the U.S. statutory rate (as a percent)	41.50%	2.40%	8.30%
Adjustments for unrecognized tax benefits (as a percent)	0.50%	(4.00%)	1.50%
Adjustments for valuation allowances (as a percent)	287.70%	(69.80%)	(8.50%)
Spin-off tax costs (as a percent)		(1.30%)	(1.80%)
U.S. Tax Reform (as a percent)	(228.30%)
Other items (as a percent)	(35.40%)	(4.10%)	(2.80%)
Effective tax rate (as a percent)	125.20%	(37.50%)	37.00%

Income Taxes - Narrative (Detai

Income Taxes - Narrative (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Operating Loss Carryforwards [Line Items]
Federal income tax at statutory rate (as a percent)		35.00%	35.00%	35.00%
Change in tax rate, income tax benefit		$ (6.5)
Income tax expense, Tax Reform Act mandatory repatriation of undistributed foreign subdidiary earnings and profits		54
Change in valuation allowance, deferred tax asset		113.8
Income tax reconciliation due to audit resolution		13.7
Undistributed earnings of consolidated non-U.S. subsidiaries		564.6
Cash and cash equivalents held by foreign subsidiaries		83.1
Change to gross unrecognized tax benefits including interest and penalties		(1.7)	$ 4.9	$ (1.9)
Uncertain tax liabilities interest and penalties		0.3	2.8	(0.5)
Uncertain tax liabilities interest and penalties accrued		7.7	7.4
Unrecognized tax benefits that would impact effective tax rate		13.1	$ 14.6	$ 9.9
Unrecognized tax benefits and income tax expense possibly reduced from audit resolutions during the next 12 months		9
Domestic Tax Authority
Operating Loss Carryforwards [Line Items]
Net operating loss carryforwards		131.3
State and Local Jurisdiction
Operating Loss Carryforwards [Line Items]
Net operating loss carryforwards		657.3
Foreign Tax Authority
Operating Loss Carryforwards [Line Items]
Net operating loss carryforwards		396.5
Net operating loss carryforwards, valuation allowance		242.9
France
Operating Loss Carryforwards [Line Items]
Deferred tax assets, valuation allowance		40.2
Internal Revenue Service
Operating Loss Carryforwards [Line Items]
Change in enacted tax rate, amount		$ 68.9
Scenario Forecast
Operating Loss Carryforwards [Line Items]
Federal income tax at statutory rate (as a percent)	21.00%

Income Taxes - Schedules of Def

Income Taxes - Schedules of Deferred Tax Assets (Liabilities) (Details) - USD ($) $ in Millions	Dec. 31, 2017	Dec. 31, 2016
Non-current deferred tax assets (liabilities):
Inventories	$ 16.5	$ 14.2
Accounts receivable	(5.4)	(4.6)
Property, plant and equipment	(9.7)	19
Intangible assets	(33.8)	(35.9)
Deferred employee benefits	47.3	71.8
Product warranty reserves	5.5	6.1
Product liability reserves	5	7.8
Tax credits	6.7	4.9
Loss carryforwards	159.2	145.4
Deferred revenue	7.4	10.8
Transition tax	(26.2)
Other	2.2	(1.7)
Total non-current deferred tax assets	174.7	237.8
Less valuation allowance	(162.3)	(269.6)
Net deferred tax assets, non-current	12.4
Net deferred tax (liabilities), non-current		(31.8)
Components of Deferred Tax Assets and Liabilities [Abstract]
Long-term income tax assets, included in other non-current assets	25.4	4.8
Long-term deferred income tax liability	(13)	(36.6)
Net deferred income tax assets	$ 12.4
Net deferred income tax (liability)		$ (31.8)

Income Taxes - Schedule of Open

Income Taxes - Schedule of Open Tax Years for Which the Company could be Subject to Income Tax Examination (Details)	12 Months Ended
	Dec. 31, 2017
United States | Earliest Tax Year
Income Tax Examination [Line Items]
Year under examination	2,012
United States | Latest Tax Year
Income Tax Examination [Line Items]
Year under examination	2,016
China | Earliest Tax Year
Income Tax Examination [Line Items]
Year under examination	2,007
China | Latest Tax Year
Income Tax Examination [Line Items]
Year under examination	2,016
France | Earliest Tax Year
Income Tax Examination [Line Items]
Year under examination	2,013
France | Latest Tax Year
Income Tax Examination [Line Items]
Year under examination	2,016
Germany | Earliest Tax Year
Income Tax Examination [Line Items]
Year under examination	2,011
Germany | Latest Tax Year
Income Tax Examination [Line Items]
Year under examination	2,016

Income Taxes - Reconciliation82

Income Taxes - Reconciliation of the Beginning and Ending Amount of Unrecognized Tax Benefits (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Reconciliation of Unrecognized Tax Benefits, Excluding Amounts Pertaining to Examined Tax Returns [Roll Forward]
Balance at beginning of year	$ 21.5	$ 19.4	$ 20.8
Additions based on tax positions related to the current year	0.9	1.1	1.3
Additions for tax positions of prior years	4.9	5	0.2
Reductions for tax positions of prior years	(0.5)	(3.6)	0
Reductions based on settlements with taxing authorities	(6.7)	0	0
Reductions for lapse of statute	(0.6)	(0.4)	(2.9)
Balance at end of year	$ 19.5	$ 21.5	$ 19.4

Earnings Per Share - Narrative

Earnings Per Share - Narrative (Details) - shares	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Earnings Per Share [Abstract]
Basic weighted average common shares outstanding	35,111,594	34,441,777	34,009,048
Number of anti-dilutive shares excluded from the calculation of diluted earnings per share	36,300

Earnings Per Share - Reconcilia

Earnings Per Share - Reconciliation of the average shares outstanding used to compute basic and diluted earnings per share (Details) - shares	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Earnings Per Share [Abstract]
Basic weighted average common shares outstanding (in shares)	35,111,594	34,441,777	34,009,048
Effect of dilutive securities - stock awards (in shares)	743,308	0	0
Diluted weighted average common shares outstanding (in shares)	35,854,902	34,441,777	34,009,048

Equity - Narrative (Details)

Equity - Narrative (Details) - $ / shares	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Class Of Stock [Line Items]
Common stock, shares authorized (in shares)	75,000,000	75,000,000
Par value of common stock (in dollars per share)	$ 0.01
Preferred stock, shares authorized (in shares)	3,500,000	3,500,000
Par value of preferred stock per share (in dollars per share)	$ 0.01	$ 0.01
Preferred stock, shares issued (in shares)	0
Dividends per common share (in dollars per share)	$ 0	$ 0	$ 0.08
Maximum
Class Of Stock [Line Items]
Number of shares authorized to be repurchased (in shares)	600,000

Equity - Schedule of Components

Equity - Schedule of Components of Accumulated Other Comprehensive Income (Loss) (Details) - USD ($) $ in Millions	Dec. 31, 2017	Dec. 31, 2016
Equity [Abstract]
Foreign currency translation	$ (52.4)	$ (110.8)
Derivative instrument fair market value, net of income taxes of $(0.3) and $(0.3)	0.1	(0.3)
Employee pension and postretirement benefit adjustments, net of income taxes of $(14.9) and $(19.0)	(45.1)	(51.8)
Accumulated other comprehensive loss	$ (97.4)	$ (162.9)

Equity - Schedule of Componen87

Equity - Schedule of Components of Accumulated Other Comprehensive Income (Loss) (Parenthetical) (Details) - USD ($) $ in Millions	Dec. 31, 2017	Dec. 31, 2016
Equity [Abstract]
Derivative instrument fair market value, tax	$ (0.3)	$ (0.3)
Employee pension and postretirement benefit adjustments, tax	$ (14.9)	$ (19)

Equity - Reconciliation of accu

Equity - Reconciliation of accumulated other comprehensive income (loss) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Increase (Decrease) in Equity [Roll Forward]
Beginning balance	$ 590.5
Total other comprehensive income (loss), net of tax	65.5	$ (23.1)	$ (77.3)
Distribution of MFS	9.4	(375.8)	65.5
Ending balance	677.5	590.5
Gains and Losses on Cash Flow Hedges
Increase (Decrease) in Equity [Roll Forward]
Beginning balance	(0.3)	(3.8)
Other comprehensive income (loss) before reclassifications	(0.3)	(2.9)
Amounts reclassified from accumulated other comprehensive income (loss)	0.7	4.3
Total other comprehensive income (loss), net of tax	0.4	1.4
Distribution of MFS		2.1
Ending balance	0.1	(0.3)	(3.8)
Pension & Postretirement
Increase (Decrease) in Equity [Roll Forward]
Beginning balance	(51.8)	(82.6)
Other comprehensive income (loss) before reclassifications	7	(8.6)
Amounts reclassified from accumulated other comprehensive income (loss)	(0.3)	4.5
Total other comprehensive income (loss), net of tax	6.7	(4.1)
Distribution of MFS		34.9
Ending balance	(45.1)	(51.8)	(82.6)
Foreign Currency Translation
Increase (Decrease) in Equity [Roll Forward]
Beginning balance	(110.8)	(121.4)
Other comprehensive income (loss) before reclassifications	58.4	(20.4)
Total other comprehensive income (loss), net of tax	58.4	(20.4)
Distribution of MFS		31
Ending balance	(52.4)	(110.8)	(121.4)
Accumulated Other Comprehensive Loss
Increase (Decrease) in Equity [Roll Forward]
Beginning balance	(162.9)	(207.8)
Other comprehensive income (loss) before reclassifications	65.1	(31.9)
Amounts reclassified from accumulated other comprehensive income (loss)	0.4	8.8
Total other comprehensive income (loss), net of tax	65.5	(23.1)	(77.3)
Distribution of MFS		68
Ending balance	$ (97.4)	$ (162.9)	$ (207.8)

Equity - Reclassification out o

Equity - Reclassification out of accumulated other comprehensive income (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Schedule of Reclassifications out of Accumulated Comprehensive Income (Loss) [Line Items]
Cost of sales	$ (1,299.4)	$ (1,359.8)	$ (1,533.5)
Loss from continuing operations before taxes	(39.5)	(268.1)	(111)
Tax expense (benefit)	49.5	(100.5)	41.1
Net income (loss) attributable to Manitowoc common shareholders	9.4	(375.8)	65.5
Interest expense	(39.2)	(39.6)	(95.6)
Reclassification out of Accumulated Other Comprehensive Income
Schedule of Reclassifications out of Accumulated Comprehensive Income (Loss) [Line Items]
Net of Tax	(0.4)	(8.8)	(17)
Gains and Losses on Cash Flow Hedges
Schedule of Reclassifications out of Accumulated Comprehensive Income (Loss) [Line Items]
Net of Tax	(0.7)	(4.3)
Gains and Losses on Cash Flow Hedges | Reclassification out of Accumulated Other Comprehensive Income
Schedule of Reclassifications out of Accumulated Comprehensive Income (Loss) [Line Items]
Loss from continuing operations before taxes	(0.7)	(5.4)	(18.3)
Tax expense (benefit)		1.1	6.8
Net income (loss) attributable to Manitowoc common shareholders	(0.7)	(4.3)	(11.5)
Gains and Losses on Cash Flow Hedges | Reclassification out of Accumulated Other Comprehensive Income | Foreign Currency Exchange Contracts
Schedule of Reclassifications out of Accumulated Comprehensive Income (Loss) [Line Items]
Cost of sales	(0.7)	(0.9)	(11.7)
Gains and Losses on Cash Flow Hedges | Reclassification out of Accumulated Other Comprehensive Income | Commodity Contracts
Schedule of Reclassifications out of Accumulated Comprehensive Income (Loss) [Line Items]
Cost of sales		(0.2)	(4)
Gains and Losses on Cash Flow Hedges | Reclassification out of Accumulated Other Comprehensive Income | Interest Rate Swap Contracts: Float-to-Fixed
Schedule of Reclassifications out of Accumulated Comprehensive Income (Loss) [Line Items]
Interest expense		(4.3)	(2.6)
Actuarial Losses | Reclassification out of Accumulated Other Comprehensive Income
Schedule of Reclassifications out of Accumulated Comprehensive Income (Loss) [Line Items]
Total before tax	(5.2)	(4.6)	(7.5)
Amortization of Prior Service Cost | Reclassification out of Accumulated Other Comprehensive Income
Schedule of Reclassifications out of Accumulated Comprehensive Income (Loss) [Line Items]
Total before tax	1.3	(0.1)	(0.1)
Pension & Postretirement
Schedule of Reclassifications out of Accumulated Comprehensive Income (Loss) [Line Items]
Net of Tax	0.3	(4.5)
Pension & Postretirement | Reclassification out of Accumulated Other Comprehensive Income
Schedule of Reclassifications out of Accumulated Comprehensive Income (Loss) [Line Items]
Total before tax	(3.9)	(4.7)	(7.6)
Tax benefit	4.2	0.2	2.1
Net of Tax	$ 0.3	$ (4.5)	$ (5.5)

Stock-Based Compensation - Narr

Stock-Based Compensation - Narrative (Details) $ / shares in Units, $ in Millions	1 Months Ended	12 Months Ended
	Apr. 30, 2015shares	Dec. 31, 2017USD ($)$ / sharesshares	Dec. 31, 2016USD ($)$ / sharesshares	Dec. 31, 2015USD ($)$ / sharesshares
Stock-Based Compensation
Stockholders' equity stock split, conversion ratio		0.25
Period of U.S. Treasury rates as a basis for assumed risk-free rates (in years)		10 years
2013 Omnibus Plan
Stock-Based Compensation
Share-based compensation, shares authorized (in shares) | shares		7,477,395
Stockholders' equity stock split, conversion ratio		0.25
Stock Options
Stock-Based Compensation
Stock-based compensation expense (in dollars)		$ 1.9	$ 1.8	$ 3.7
Number of share options granted during the period (in shares) | shares		273,800	439,741	151,827
Unrecognized compensation expense (in dollars)		$ 2.7
Recognition period for unrecognized compensation expense (in years)		2 years 1 month 6 days
Weighted average grant date fair value, options (in dollars per share) | $ / shares		$ 12.16	$ 8.20	$ 43.72
Total intrinsic value of stock options exercised		$ 3	$ 6.3	$ 5.6
Stock Options | Officers and Employees
Stock-Based Compensation
Vesting rights, annual increments beginning on the grant date		25% increments beginning on the first anniversary of the grant date
Vesting period (in years)		4 years
Expiration period for grants made prior to 2011 (in years)		ten years
Anniversary period from grant date, for grants made prior to 2011 (in years)		2 years
Vesting rights percentage for grants made prior to 2011 (as a percent)		25.00%
Stock Options | Officers and Employees | Options Granted in 2017
Stock-Based Compensation
Vesting period (in years)		3 years
Expiration period (in years)		10 years
Stock Options | Directors
Stock-Based Compensation
Vesting period (in years)		3 years	4 years
Expiration period (in years)		10 years
Anniversary period from grant date, for grants made prior to 2011 (in years)		1 year
Vesting rights percentage for grants made prior to 2011 (as a percent)		25.00%
Stock Options | Stock Plan 2003 | Officers and Employees
Stock-Based Compensation
Vesting rights, annual increments beginning on the grant date		25% increments beginning on the second anniversary of the grant date
Vesting period (in years)		4 years
Expiration period (in years)		10 years
Anniversary period from grant date (in years)		2 years
Stock Options | Stock Plan 2003 | Officers and Employees | Tranche One
Stock-Based Compensation
Options vesting percentage		25.00%
Stock Options | Director Stock Plan 2004 | Directors
Stock-Based Compensation
Expiration period (in years)		10 years
Restricted Stock
Stock-Based Compensation
Expiration period (in years)		3 years
Stock-based compensation expense (in dollars)		$ 0	$ 1.8	0.3
Unrecognized compensation expense (in dollars)		$ 0
Number of shares of other than options granted during the period (in shares) | shares	80,548	0
Restricted Stock | Stock Plan 2003 | Officers and Employees
Stock-Based Compensation
Vesting rights, annual increments beginning on the grant date		100% on the third anniversary of the grant date
Restricted Stock | Stock Plan 2003 | Officers and Employees | Tranche Two
Stock-Based Compensation
Options vesting percentage		100.00%
Restricted Stock Units (RSUs)
Stock-Based Compensation
Stock-based compensation expense (in dollars)		$ 4.4	$ 4	$ 7.5
Unrecognized compensation expense (in dollars)		$ 4.3
Recognition period for unrecognized compensation expense (in years)		1 year 9 months 18 days
Number of shares of other than options granted during the period (in shares) | shares		267,902	362,293	111,840
Performance Shares
Stock-Based Compensation
Number of shares of other than options granted during the period (in shares) | shares		267,902
Performance Shares | Performance Shares 2016
Stock-Based Compensation
Performance period (in years)		3 years	3 years
Percentage of shares paid based on total shareholder return relative to peer group of companies (as a percent)		50.00%	50.00%
Percentage of shares paid based on return on investment (as a percent)		50.00%	50.00%
Performance Shares | Performance Shares 2016 | Minimum
Stock-Based Compensation
Number of shares of other than options granted during the period (in shares) | shares		0	0
Performance Shares | Performance Shares 2016 | Maximum
Stock-Based Compensation
Number of shares of other than options granted during the period (in shares) | shares		230,000	400,000
Engineering Selling and Administrative Expenses
Stock-Based Compensation
Stock-based compensation expense (in dollars)		$ 6.3	$ 4.9	$ 9.7
(Loss) Income from Discontinued Operations
Stock-Based Compensation
Stock-based compensation expense (in dollars)		$ 0	0.3	$ 4.7
Other Expense | Restricted Stock
Stock-Based Compensation
Stock-based compensation expense (in dollars)			2.8
Restructuring Charges | Restricted Stock
Stock-Based Compensation
Stock-based compensation expense (in dollars)			$ 1.3

Stock-Based Compensation - Summ

Stock-Based Compensation - Summary of the Company's Stock Option Activity (Details) - Stock Options - USD ($) $ / shares in Units, $ in Millions	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Shares
Options outstanding at the beginning of the period (in shares)	965,900	1,397,571
Granted (in shares)	273,800	439,741	151,827
Exercised (in shares)	(258,699)	(712,514)
Canceled (in shares)	(26,536)	(61,056)
Options outstanding at the end of the period (in shares)	876,365	965,900	1,397,571
Forfeited (in shares)	(78,100)	(97,842)
Options exercisable (in shares)	372,206
Forfeited (in shares)	(78,100)	(97,842)
Weighted Average Exercise Price
Options outstanding at the beginning of the period (in dollars per share)	$ 17.76	$ 15.51
Granted (in dollars per share)	25.68	17.20
Exercised (in dollars per share)	19.86	13.09
Options canceled weighted average cost (in dollars per share)	27.29	18.68
Options outstanding at the end of the period (in dollars per share)	19.13	17.76	$ 15.51
Options forfeited weighted average cost (in dollars per share)	20.16	16.38
Options exercisable (in dollars per share)	15.97
Options forfeited weighted average cost (in dollars per share)	$ 20.16	$ 16.38
Aggregate Intrinsic Value
Options outstanding (in dollars)	$ 17.8
Options exercisable (in dollars)	$ 8.7

Stock-Based Compensation - Sche

Stock-Based Compensation - Schedule of the Assumptions Used to Estimate the Fair Value of Each Option Grant (Details) - Stock Options	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Assumptions used to estimate the fair value of each option grant
Expected Life (years)	6 years 6 months	6 years 6 months	6 years
Risk-free Interest rate (as a percent)	2.20%	1.60%	1.80%
Expected volatility (as a percent)	45.00%	45.00%	56.00%
Expected dividend yield (as a percent)		0.00%	0.30%

Stock-Based Compensation - Sc93

Stock-Based Compensation - Schedule of Nonvested Share Activity (Details) - $ / shares	1 Months Ended	12 Months Ended
	Apr. 30, 2015	Dec. 31, 2017
Restricted Stock
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Unvested beginning balance (in shares)		39,028
Number of shares of other than options granted during the period (in shares)	80,548	0
Vested (in shares)		(11,058)
Forfeited (in shares)		(5,544)
Unvested ending balance (in shares)		22,426
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Abstract]
Weighted average grant date fair value beginning (in dollars per share)		$ 86.92
Granted (in dollars per share)		0
Vested (in dollars per share)		86.92
Cancelled (in dollars per share)		86.92
Weighted average grant date fair value ending (in dollars per share)		$ 86.92
Performance Shares
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Unvested beginning balance (in shares)		465,117
Number of shares of other than options granted during the period (in shares)		267,902
Vested (in shares)		(72,891)
Forfeited (in shares)		(66,029)
Unvested ending balance (in shares)		594,099
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Abstract]
Weighted average grant date fair value beginning (in dollars per share)		$ 44.08
Granted (in dollars per share)		25.87
Vested (in dollars per share)		96.59
Cancelled (in dollars per share)		27.72
Weighted average grant date fair value ending (in dollars per share)		$ 29.18

Segments - Narrative (Details)

Segments - Narrative (Details)	9 Months Ended
	Sep. 30, 2017segment
Segment Reporting [Abstract]
Number of reportable segments	1

Segments - Schedule of Informat

Segments - Schedule of Information by Reportable Segment (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Segment Reporting Information [Line Items]
Net sales	$ 1,581.3	$ 1,613.1	$ 1,865.7
Operating (loss) income	1.1	(153.3)	(12.4)
Depreciation	38.1	45.6	50.6
Capital Expenditures	28.9	45.9	54.9
Segment Operating Income (Loss)
Segment Reporting Information [Line Items]
Operating (loss) income	42	(28.8)	54.1
Segment Operating Income (Loss) | Americas
Segment Reporting Information [Line Items]
Net sales	693.6	736.3	941.3
Operating (loss) income	6.8	(37.1)	22.5
Depreciation	18.6	24.5	28.4
Capital Expenditures	10.6	14.5	26.9
Segment Operating Income (Loss) | EURAF
Segment Reporting Information [Line Items]
Net sales	628.9	560.4	498.9
Operating (loss) income	2.3	(36.5)	(28.9)
Depreciation	15	15.7	15.9
Capital Expenditures	14.3	26.9	23.4
Segment Operating Income (Loss) | Middle East and Asia Pacific ("MEAP")
Segment Reporting Information [Line Items]
Net sales	258.8	316.4	425.5
Operating (loss) income	32.9	44.8	60.5
Depreciation	3.8	4.6	5.4
Capital Expenditures	3.9	4.5	3.7
Corporate
Segment Reporting Information [Line Items]
Depreciation	0.7	$ 0.8	0.9
Capital Expenditures	$ 0.1		$ 0.9

Segments - Schedule of Reconcil

Segments - Schedule of Reconciliation of the Company's Segment Operating Income (Loss) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Segment Reporting Reconciling Item For Operating Profit Loss From Segment To Consolidated [Line Items]
Total operating income (loss)	$ 1.1	$ (153.3)	$ (12.4)
Asset impairment expense	0.1	96.9	15.3
Restructuring expense	27.2	23.4	9.4
Other operating income (expense) - net	(0.1)	(2.6)	0
Segment Operating Income (Loss)
Segment Reporting Reconciling Item For Operating Profit Loss From Segment To Consolidated [Line Items]
Total operating income (loss)	42	(28.8)	54.1
Reconciliation of Company’s Segment Operating Income (Loss)
Segment Reporting Reconciling Item For Operating Profit Loss From Segment To Consolidated [Line Items]
Total operating income (loss)	1.1	(153.3)	(12.4)
Unallocated corporate expenses	(36.9)	(42.1)	(62.8)
Asset impairment expense		(77.4)
Restructuring expense	(3.6)	(2)	$ (3.7)
Other operating income (expense) - net	$ (0.4)	$ (3)

Segments - Schedule of Net Sale

Segments - Schedule of Net Sales from Continuing Operations and Long-Lived Asset Information by Geographic Area (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Revenues from External Customers and Long-Lived Assets [Line Items]
Net sales	$ 1,581.3	$ 1,613.1	$ 1,865.7
Long-Lived Assets	337.1	345.9
United States
Revenues from External Customers and Long-Lived Assets [Line Items]
Net sales	618.5	641.3	784.5
Long-Lived Assets	119.1	152.9
Other North America
Revenues from External Customers and Long-Lived Assets [Line Items]
Net sales	42	61.9	87.2
Long-Lived Assets		0
Europe
Revenues from External Customers and Long-Lived Assets [Line Items]
Net sales	601.3	520.7	418.9
Long-Lived Assets	144.2	129.9
Asia
Revenues from External Customers and Long-Lived Assets [Line Items]
Net sales	97.8	159.1	184.8
Long-Lived Assets	62.9	50.5
Middle East
Revenues from External Customers and Long-Lived Assets [Line Items]
Net sales	102.6	119.6	193.8
Long-Lived Assets	1.3	1.4
Central and South America
Revenues from External Customers and Long-Lived Assets [Line Items]
Net sales	27.1	24.9	63.7
Long-Lived Assets	9.3	10.8
Africa
Revenues from External Customers and Long-Lived Assets [Line Items]
Net sales	27.6	39.7	80
Long-Lived Assets		0
Caribbean
Revenues from External Customers and Long-Lived Assets [Line Items]
Net sales	6	8.2	5.9
Long-Lived Assets		0
Australia
Revenues from External Customers and Long-Lived Assets [Line Items]
Net sales	58.4	37.7	$ 46.9
Long-Lived Assets	$ 0.3	$ 0.4

Segments - Schedule of Net Sa98

Segments - Schedule of Net Sales By Product (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Product Information [Line Items]
Total net sales	$ 1,581.3	$ 1,613.1	$ 1,865.7
Cranes
Product Information [Line Items]
Total net sales	1,270.5	1,311.1	1,564.3
Aftermarket Parts and Other
Product Information [Line Items]
Total net sales	$ 310.8	$ 302	$ 301.4

Commitments and Contingencies -

Commitments and Contingencies - Narrative (Details) - USD ($)	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Product liability reserves
Period over which product liability self-insurance retention levels have fluctuated (in years)	10 years
Product liability reserves	$ 20,800,000	$ 21,700,000
Warranty claims reserves	35,200,000	$ 28,600,000
Maximum
Product liability reserves
Product liability self-insurance maximum retention level for new occurrence	$ 2,000,000

Guarantees - Narrative (Details

Guarantees - Narrative (Details) - USD ($)	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Guarantees [Abstract]
Deferred revenue included in other current and non-current liabilities	$ 29,700,000	$ 30,400,000
Amount of residual value guarantees and buyback commitments given by the company	$ 28,200,000	$ 32,800,000
Standard product warranty, low end of range (in months)	12 months
Standard product warranty, high end of range (in months)	60 months

Guarantees - Summary of Warrant

Guarantees - Summary of Warranty Activity (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Warranty activity
Balance at beginning of period	$ 28.6	$ 32.4
Accruals for warranties issued during the period	34.6	20.4
Settlements made (in cash or in kind) during the period	(29.9)	(23.7)
Currency translation	1.9	(0.5)
Balance at end of period	$ 35.2	$ 28.6

Restructuring and Asset Impa102

Restructuring and Asset Impairments - Narrative (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Restructuring Cost and Reserve [Line Items]
Restructuring expense	$ 27.2	$ 23.4	$ 9.4
Asset impairment expense	0.1	96.9	$ 15.3
Fixed Assets
Restructuring Cost and Reserve [Line Items]
Asset impairment expense		13.8
Enterprise Resource Planning Platform
Restructuring Cost and Reserve [Line Items]
Asset impairment expense		58.6
SAP and Other Information Technology Assets
Restructuring Cost and Reserve [Line Items]
Asset impairment expense		18.6
Employee Severance
Restructuring Cost and Reserve [Line Items]
Restructuring expense		$ 2.3
Employee Severance | Chief Financial Officer
Restructuring Cost and Reserve [Line Items]
Restructuring expense	$ 2.8

Restructuring and Asset Impa103

Restructuring and Asset Impairments - Rollforward of all restructuring activities (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Rollforward of all restructuring activities
Restructuring reserve balance, at the beginning of the period	$ 8.2
Restructuring expense	27.2	$ 23.4	$ 9.4
Use of Reserve	28.8
Reserve Reclassifications	1
Restructuring reserve balance, at the end of the period	$ 5.6	$ 8.2

Employee Benefit Plans - Narrat

Employee Benefit Plans - Narrative (Details) $ in Millions	12 Months Ended
	Dec. 31, 2017USD ($)plan	Dec. 31, 2016USD ($)	Dec. 31, 2015USD ($)
Manitowoc Deferred Compensation Plan
Number of defined contribution retirement plans for the employees | plan	3
Amortization of gains and losses in excess of specified percentage (as a percent)	10.00%
Expenses related to the target benefit plan	$ 1.2	$ 3.2	$ 2.9
Amounts accrued related to the target benefit plan	15.1	21.4
U.S. Pension Plans
Manitowoc Deferred Compensation Plan
Funded status	(46.1)	(47)
Estimated future employer contributions	6.1
Accumulated benefit obligation	162.3	155.6
Non-US Pension Plans
Manitowoc Deferred Compensation Plan
Funded status	(44.4)	(41)
Estimated future employer contributions	2.5
Accumulated benefit obligation	$ 82.1	76.2
Minimum | Equity Securities
Manitowoc Deferred Compensation Plan
Target Allocations (as a percent)	25.00%
Minimum | Debt Securities
Manitowoc Deferred Compensation Plan
Target Allocations (as a percent)	50.00%
Maximum | Equity Securities
Manitowoc Deferred Compensation Plan
Target Allocations (as a percent)	50.00%
Maximum | Debt Securities
Manitowoc Deferred Compensation Plan
Target Allocations (as a percent)	75.00%
Pension Plans
Manitowoc Deferred Compensation Plan
Amounts in accumulated other comprehensive income that are expected to be recognized as components of net periodic benefit cost during the next fiscal year	$ (4.9)
Postretirement Health and Other
Manitowoc Deferred Compensation Plan
Funded status	(28.9)	(41.6)
Amounts in accumulated other comprehensive income that are expected to be recognized as components of net periodic benefit cost during the next fiscal year	$ 1
Annual rate of increase in the per capita cost of covered health care benefits assumed for measurement purposes (as a percent)	6.20%
Ultimate health care cost trend rate (as a percent)	4.50%
Estimated future employer contributions	$ 3.5
Manitowoc Food Service | Pension Plans
Manitowoc Deferred Compensation Plan
Funded status			32.5
Retirement Savings Plan
Manitowoc Deferred Compensation Plan
Total costs incurred under the Manitowoc Retirement Savings Plan	$ 1.5	1.9	$ 3.2
Deferred Compensation Plan
Manitowoc Deferred Compensation Plan
Number of investment programs | plan	2
Number of deferred compensation plans | plan	2
Deferred Compensation Plan | Program A
Manitowoc Deferred Compensation Plan
Program asset	$ 0	0
Program obligation	0	0
Deferred Compensation Plan | Program B
Manitowoc Deferred Compensation Plan
Program asset	10.6	11.3
Program obligation	$ 10.6	$ 11.3

Employee Benefit Plans (Details

Employee Benefit Plans (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
U.S. Pension Plans
Components of periodic benefit costs
Service cost - benefits earned during the year	$ 0	$ 0	$ 0
Interest cost of projected benefit obligation	5.3	6.8	9.4
Expected return on assets	(4.9)	(5.7)	(9)
Amortization of prior service cost	0	0	0
Amortization of actuarial net loss (gain)	3.2	3.6	5.1
Curtailment gain recognized	0	0	0
Net periodic benefit cost	$ 3.6	$ 4.7	$ 5.5
Weighted average assumptions:
Discount rate (as a percent)	4.20%	4.50%	4.10%
Expected return on plan assets (as a percent)	4.70%	5.50%	5.80%
Rate of compensation increase (as a percent)	0.00%	0.00%	0.00%
Non-US Pension Plans
Components of periodic benefit costs
Service cost - benefits earned during the year	$ 1.9	$ 1.7	$ 2.6
Interest cost of projected benefit obligation	2.1	2.5	8.9
Expected return on assets	(1.5)	(1.8)	(7.4)
Amortization of prior service cost	0.1	0.1	0.1
Amortization of actuarial net loss (gain)	1.6	1	2.3
Curtailment gain recognized	0	0	0
Net periodic benefit cost	$ 4.2	$ 3.5	$ 6.5
Weighted average assumptions:
Discount rate (as a percent)	2.10%	2.90%	3.30%
Expected return on plan assets (as a percent)	3.40%	4.00%	3.60%
Rate of compensation increase (as a percent)	2.60%	2.40%	3.90%
Postretirement Health and Other
Components of periodic benefit costs
Service cost - benefits earned during the year	$ 0.3	$ 0.3	$ 0.4
Interest cost of projected benefit obligation	1	1.7	2
Expected return on assets	0	0	0
Amortization of prior service cost	(1.4)	0	0
Amortization of actuarial net loss (gain)	0.4	0	0.1
Curtailment gain recognized	0	0	0
Net periodic benefit cost	$ 0.3	$ 2	$ 2.5
Weighted average assumptions:
Discount rate (as a percent)	3.80%	4.20%	3.70%
Expected return on plan assets (as a percent)	0.00%	0.00%	0.00%
Rate of compensation increase (as a percent)	0.00%	0.00%	1.50%

Employee Benefit Plans - Reconc

Employee Benefit Plans - Reconciliation of the Changes in Benefit Obligation, the Changes in Plan Assets, and the Funded Status (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Change in Plan Assets
Fair value of plan assets, beginning of year	$ 150.4
Fair value of plan assets, end of year	161.3	$ 150.4
U.S. Pension Plans
Change in Benefit Obligation
Benefit obligation, beginning of year	155.6	218.5
Distribution of MFS	0	(62.4)
Service cost	0	0	$ 0
Interest cost	5.3	6.8	9.4
Participant contributions	0	0
Medicare subsidies received	0	0
Plan amendments	0	0
Net transfer out	0	0
Actuarial (gain) loss	10	0.9
Currency translation adjustment	0	0
Benefits paid	(8.6)	(8.2)
Benefit obligation, end of year	162.3	155.6	218.5
Change in Plan Assets
Fair value of plan assets, beginning of year	108.6	143.9
Distribution of MFS	0	(34.1)
Actual return on plan assets	11.5	6.4
Employer contributions	4.7	0.6
Participant contributions	0	0
Medicare subsidies received	0	0
Currency translation adjustment	0	0
Net transfer out	0	0
Benefits paid	(8.6)	(8.2)
Fair value of plan assets, end of year	116.2	108.6	$ 143.9
Funded status	(46.1)	(47)
Amounts recognized in the Consolidated Balance sheet at December 31
Pension asset	0	0
Pension obligation	(46.1)	(47)
Postretirement medical and other benefit obligations	0	0
Net amount recognized	$ (46.1)	$ (47)
Weighted-Average Assumptions
Discount rate	3.60%	4.20%
Expected return on plan assets (as a percent)	4.70%	5.50%	5.80%
Rate of compensation increase	0.00%	0.00%
Non-US Pension Plans
Change in Benefit Obligation
Benefit obligation, beginning of year	$ 82.8	$ 252.5
Distribution of MFS	0	(170.4)
Service cost	1.9	1.7	$ 2.6
Interest cost	2.1	2.5	8.9
Participant contributions	0	0
Medicare subsidies received	0	0
Plan amendments	0	0
Net transfer out	0	0
Actuarial (gain) loss	(2.2)	11
Currency translation adjustment	9.2	(9.9)
Benefits paid	(4.3)	(4.6)
Benefit obligation, end of year	89.5	82.8	252.5
Change in Plan Assets
Fair value of plan assets, beginning of year	41.8	196.9
Distribution of MFS	0	(147.8)
Actual return on plan assets	1.1	2.7
Employer contributions	2.1	2.2
Participant contributions	0	0
Medicare subsidies received	0	0
Currency translation adjustment	4.4	(7.6)
Net transfer out	0	0
Benefits paid	(4.3)	(4.6)
Fair value of plan assets, end of year	45.1	41.8	$ 196.9
Funded status	(44.4)	(41)
Amounts recognized in the Consolidated Balance sheet at December 31
Pension asset	0	0
Pension obligation	(44.4)	(41)
Postretirement medical and other benefit obligations	0	0
Net amount recognized	$ (44.4)	$ (41)
Weighted-Average Assumptions
Discount rate	2.20%	2.10%
Expected return on plan assets (as a percent)	3.40%	4.00%	3.60%
Rate of compensation increase	2.60%	2.40%
Postretirement Health and Other
Change in Benefit Obligation
Benefit obligation, beginning of year	$ 41.6	$ 51.8
Distribution of MFS	0	(10.1)
Service cost	0.3	0.3	$ 0.4
Interest cost	1	1.7	2
Participant contributions	1.4	1.9
Medicare subsidies received	0	0.2
Plan amendments	(13.8)	0
Net transfer out	0	0
Actuarial (gain) loss	2.9	1.8
Currency translation adjustment	0	0
Benefits paid	(4.5)	(6)
Benefit obligation, end of year	28.9	41.6	51.8
Change in Plan Assets
Fair value of plan assets, beginning of year	0	0
Distribution of MFS	0	0
Actual return on plan assets	0	0
Employer contributions	3.1	3.9
Participant contributions	1.4	1.9
Medicare subsidies received	0	0.2
Currency translation adjustment	0	0
Net transfer out	0	0
Benefits paid	(4.5)	(6)
Fair value of plan assets, end of year	0	0	$ 0
Funded status	(28.9)	(41.6)
Amounts recognized in the Consolidated Balance sheet at December 31
Pension asset	0	0
Pension obligation	0	0
Postretirement medical and other benefit obligations	(28.9)	(41.6)
Net amount recognized	$ (28.9)	$ (41.6)
Weighted-Average Assumptions
Discount rate	3.30%	3.80%
Expected return on plan assets (as a percent)	0.00%	0.00%	0.00%
Rate of compensation increase	0.00%	0.00%

Employee Benefit Plans - Amount

Employee Benefit Plans - Amounts Recognized in Accumulated Other Comprehensive Income (Details) - USD ($) $ in Millions	Dec. 31, 2017	Dec. 31, 2016
Pension Plans
Defined Benefit Plan Disclosure [Line Items]
Net actuarial gain (loss)	$ (64.2)	$ (65.1)
Prior service credit	(0.6)	(0.6)
Total amount recognized	(64.8)	(65.7)
Postretirement Health and Other
Defined Benefit Plan Disclosure [Line Items]
Net actuarial gain (loss)	(7.6)	(5.1)
Prior service credit	12.5	0
Total amount recognized	$ 4.9	$ (5.1)

Employee Benefit Plans - Summar

Employee Benefit Plans - Summary of the Sensitivity of Retirement Obligations and Retirement Benefit Costs of Plans to Changes in the Key Assumptions (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Pension Plans
Estimated increase (decrease) in 2017 pension cost
0.50% increase in discount rate	$ (0.9)
0.50% decrease in discount rate	0.9
0.50% increase in long-term return on assets	(0.8)
0.50% decrease in long-term return on assets	0.8
Estimated increase (decrease) in Projected Benefit Obligation for the year ended December 31, 2016
0.50% increase in discount rate		$ (15)
0.50% decrease in discount rate		16.2
Postretirement Health and Other
Estimated increase (decrease) in 2017 pension cost
0.50% increase in discount rate	(0.1)
0.50% decrease in discount rate	0.1
1% increase in medical trend rates	0.3
1% decrease in medical trend rates	$ (0.3)
Estimated increase (decrease) in Projected Benefit Obligation for the year ended December 31, 2016
0.50% increase in discount rate		(0.9)
0.50% decrease in discount rate		0.9
1% increase in medical trend rates		1.4
1% decrease in medical trend rates		$ (1.3)

Employee Benefit Plans - Schedu

Employee Benefit Plans - Schedule of the Weighted-Average Asset Allocations of the Pension Plans (Details)	Dec. 31, 2017	Dec. 31, 2016
U.S. Pension Plans
Defined Benefit Plan Disclosure [Line Items]
Weighted-average asset allocation (as a percent)	100.00%	100.00%
Non-US Pension Plans
Defined Benefit Plan Disclosure [Line Items]
Weighted-average asset allocation (as a percent)	100.00%	100.00%
Equity Securities | U.S. Pension Plans
Defined Benefit Plan Disclosure [Line Items]
Weighted-average asset allocation (as a percent)	48.00%	25.00%
Equity Securities | Non-US Pension Plans
Defined Benefit Plan Disclosure [Line Items]
Weighted-average asset allocation (as a percent)	35.60%	33.70%
Fixed Income | U.S. Pension Plans
Defined Benefit Plan Disclosure [Line Items]
Weighted-average asset allocation (as a percent)	48.30%	74.40%
Fixed Income | Non-US Pension Plans
Defined Benefit Plan Disclosure [Line Items]
Weighted-average asset allocation (as a percent)	31.60%	31.10%
Other | U.S. Pension Plans
Defined Benefit Plan Disclosure [Line Items]
Weighted-average asset allocation (as a percent)	3.70%	0.60%
Other | Non-US Pension Plans
Defined Benefit Plan Disclosure [Line Items]
Weighted-average asset allocation (as a percent)	32.80%	35.20%

Employee Benefit Plans - Sch110

Employee Benefit Plans - Schedule of the Actual Allocations for the Pension Assets and Target Allocations by Asset Class (Details)	Dec. 31, 2017	Dec. 31, 2016
U.S. Pension Plans
Defined Benefit Plan Disclosure [Line Items]
Weighted-average asset allocation (as a percent)	100.00%	100.00%
Non-US Pension Plans
Defined Benefit Plan Disclosure [Line Items]
Weighted-average asset allocation (as a percent)	100.00%	100.00%
Equity Securities | U.S. Pension Plans
Defined Benefit Plan Disclosure [Line Items]
Target Allocations (as a percent)	50.00%
Weighted-average asset allocation (as a percent)	48.00%	25.00%
Equity Securities | Non-US Pension Plans
Defined Benefit Plan Disclosure [Line Items]
Weighted-average asset allocation (as a percent)	35.60%	33.70%
Equity Securities | Non-US Pension Plans | Minimum
Defined Benefit Plan Disclosure [Line Items]
Target Allocations (as a percent)	0.00%
Equity Securities | Non-US Pension Plans | Maximum
Defined Benefit Plan Disclosure [Line Items]
Target Allocations (as a percent)	25.00%
Debt Securities | U.S. Pension Plans
Defined Benefit Plan Disclosure [Line Items]
Target Allocations (as a percent)	50.00%
Weighted-average asset allocation (as a percent)	48.30%
Debt Securities | Non-US Pension Plans
Defined Benefit Plan Disclosure [Line Items]
Weighted-average asset allocation (as a percent)	31.60%
Debt Securities | Non-US Pension Plans | Minimum
Defined Benefit Plan Disclosure [Line Items]
Target Allocations (as a percent)	0.00%
Debt Securities | Non-US Pension Plans | Maximum
Defined Benefit Plan Disclosure [Line Items]
Target Allocations (as a percent)	100.00%
Other | U.S. Pension Plans
Defined Benefit Plan Disclosure [Line Items]
Target Allocations (as a percent)	0.00%
Weighted-average asset allocation (as a percent)	3.70%	0.60%
Other | Non-US Pension Plans
Defined Benefit Plan Disclosure [Line Items]
Weighted-average asset allocation (as a percent)	32.80%	35.20%
Other | Non-US Pension Plans | Minimum
Defined Benefit Plan Disclosure [Line Items]
Target Allocations (as a percent)	0.00%
Other | Non-US Pension Plans | Maximum
Defined Benefit Plan Disclosure [Line Items]
Target Allocations (as a percent)	100.00%

Employee Benefit Plans - Sch111

Employee Benefit Plans - Schedule of Plan Assets Using the Fair Value Hierarchy (Details) - USD ($) $ in Millions	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	$ 161.3	$ 150.4
Net Asset Value ("NAV")
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	142.2	135
Quoted Prices in Active Markets for Identical Assets (Level 1)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	4.7	0.9
Significant Other Observable Inputs (Level 2)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Unobservable Inputs (Level 3)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	14.4	14.5
Cash
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	4.7	0.9
Cash | Net Asset Value ("NAV")
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Cash | Quoted Prices in Active Markets for Identical Assets (Level 1)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	4.7	0.9
Cash | Significant Other Observable Inputs (Level 2)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Cash | Unobservable Inputs (Level 3)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Insurance Group Annuity Contracts
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	14.4	14.5
Insurance Group Annuity Contracts | Net Asset Value ("NAV")
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Insurance Group Annuity Contracts | Quoted Prices in Active Markets for Identical Assets (Level 1)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Insurance Group Annuity Contracts | Significant Other Observable Inputs (Level 2)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Insurance Group Annuity Contracts | Unobservable Inputs (Level 3)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	14.4	14.5	$ 106.5
Common/Collective Trust Funds — Government, Corporate and Other Non-government Debt
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	70.4	0
Common/Collective Trust Funds — Government, Corporate and Other Non-government Debt | Net Asset Value ("NAV")
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	70.4	93.7
Common/Collective Trust Funds — Government, Corporate and Other Non-government Debt | Quoted Prices in Active Markets for Identical Assets (Level 1)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Common/Collective Trust Funds — Government, Corporate and Other Non-government Debt | Significant Other Observable Inputs (Level 2)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Common/Collective Trust Funds — Government, Corporate and Other Non-government Debt | Unobservable Inputs (Level 3)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Common/Collective Trust Funds — Corporate Equity
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	71.8	0
Common/Collective Trust Funds — Corporate Equity | Net Asset Value ("NAV")
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	71.8	41.3
Common/Collective Trust Funds — Corporate Equity | Quoted Prices in Active Markets for Identical Assets (Level 1)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Common/Collective Trust Funds — Corporate Equity | Significant Other Observable Inputs (Level 2)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Common/Collective Trust Funds — Corporate Equity | Unobservable Inputs (Level 3)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	$ 0	$ 0

Employee Benefit Plans - Rec112

Employee Benefit Plans - Reconciliation of the Fair Values Measurements of Plan Assets Using Significant Unobservable Inputs (Level 3) from the Beginning of the Year to the End of the Year (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Reconciliation of fair value measurements of plan assets using significant observable inputs
Fair value of plan assets, beginning of year	$ 150.4
Fair value of plan assets, end of year	161.3	$ 150.4
Insurance Group Annuity Contracts
Reconciliation of fair value measurements of plan assets using significant observable inputs
Fair value of plan assets, beginning of year	14.5
Fair value of plan assets, end of year	14.4	14.5
Level 3
Reconciliation of fair value measurements of plan assets using significant observable inputs
Fair value of plan assets, beginning of year	14.5
Fair value of plan assets, end of year	14.4	14.5
Level 3 | Insurance Group Annuity Contracts
Reconciliation of fair value measurements of plan assets using significant observable inputs
Fair value of plan assets, beginning of year	14.5	106.5
Distribution of MFS		(89.9)
Actual return on plan assets		2
Benefits paid	(1.5)	(1.4)
Currency translation adjustment	1.3	(2.7)
Fair value of plan assets, end of year	$ 14.4	$ 14.5

Employee Benefit Plans - Sch113

Employee Benefit Plans - Schedule of Projected Benefit Payments from the Plans (Details) $ in Millions	Dec. 31, 2017USD ($)
Postretirement Health and Other
Defined Benefit Plan Disclosure [Line Items]
2,018	$ 3.5
2,019	3.4
2,020	3.2
2,021	3.1
2,022	2.6
2023 — 2027	10.1
U.S. Pension Plans
Defined Benefit Plan Disclosure [Line Items]
2,018	9.8
2,019	10
2,020	10.2
2,021	10.2
2,022	10.1
2023 — 2027	49.7
Non-US Pension Plans
Defined Benefit Plan Disclosure [Line Items]
2,018	2.9
2,019	3.1
2,020	3.4
2,021	3.7
2,022	3.8
2023 — 2027	$ 21.3

Employee Benefit Plans - Fair V

Employee Benefit Plans - Fair Value of Plan Assets for Which the Accumulated Benefit Obligation is in Excess of the Plan Assets (Details) - USD ($) $ in Millions	Dec. 31, 2017	Dec. 31, 2016
U.S. Pension Plans
Defined Benefit Plan Disclosure [Line Items]
Projected benefit obligation	$ 162.3	$ 155.6
Accumulated benefit obligation	162.3	155.6
Fair value of plan assets	116.2	108.6
Non-U.S. Pension Plans
Defined Benefit Plan Disclosure [Line Items]
Projected benefit obligation	85.6	79.1
Accumulated benefit obligation	82.1	76.2
Fair value of plan assets	$ 41.6	$ 38.4

Leases - Narrative (Details)

Leases - Narrative (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Leases [Abstract]
Rental expense attributed to operating leases	$ 20.2	$ 23.1	$ 16.8

Leases - Future minimum rental

Leases - Future minimum rental obligations under non-cancelable operating leases (Details) $ in Millions	Dec. 31, 2017USD ($)
Future minimum rental obligations under non-cancelable operating leases
2,018	$ 18.5
2,019	15.7
2,020	14.8
2,021	13.9
2,022	12.7
Thereafter	20.7
Total	$ 96.3

Quarterly Financial Data (Un117

Quarterly Financial Data (Unaudited) - Schedule of Quarterly Financial Data (Details) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended								12 Months Ended
	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Net sales									$ 1,581.3	$ 1,613.1	$ 1,865.7
Cost of sales									1,299.4	1,359.8	1,533.5
Gross profit									281.9	253.3	332.2
Operating (loss) income									1.1	(153.3)	(12.4)
(Loss) income from continuing operations before taxes									(39.5)	(268.1)	(111)
Provision (benefit) for taxes on income									(49.5)	100.5	(41.1)
Income (loss) from continuing operations									10	(368.6)	(69.9)
(Loss) income from discontinued operations, net of income taxes									$ (0.6)	$ (7.2)	135.4
Net income (loss)											$ 65.5
Basic (loss) income per share:
Income (loss) from continuing operations attributable to Manitowoc common shareholders (in dollars per share)									$ 0.28	$ (10.70)	$ (2.06)
(Loss) income from discontinued operations attributable to Manitowoc common shareholders (in dollars per share)									(0.02)	(0.21)	3.98
Basic (loss) income per share attributable to Manitowoc common shareholders (in dollars per share)									0.26	(10.91)	1.92
Diluted (loss) income per share:
Income (loss) from continuing operations attributable to Manitowoc common shareholders (in dollars per share)									0.28	(10.70)	(2.06)
(Loss) income from discontinued operations attributable to Manitowoc common shareholders (in dollars per share)									(0.02)	(0.21)	3.98
Diluted (loss) income per share attributable to Manitowoc common shareholders (in dollars per share)									0.26	(10.91)	1.92
Dividends per common share (in dollars per share)									$ 0	$ 0	$ 0.08
Deferred income taxes									$ 44.1	$ (101.4)	$ 4.4
Change in inventories, net									$ (55.6)	$ (52.7)	7.2
Historical
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Net sales	$ 481.5	$ 399.4	$ 394.6	$ 305.8	$ 378.2	$ 349.8	$ 457.7	$ 427.4
Cost of sales	400.3	326.9	318.3	253.9	332.7	309	370.4	347.7
Gross profit	81.2	72.5	76.3	51.9	45.5	40.8	87.3	79.7
Operating (loss) income	7	7.9	9.9	(23.7)	(23.8)	(134.2)	3.9	0.8			(15.9)
(Loss) income from continuing operations before taxes	(4.6)	(3.4)	3	(34.5)	(34.6)	(144.2)	(4.3)	(85)			(114.5)
Provision (benefit) for taxes on income	(40.2)	(13.1)	2.3	1.5	(2.6)	(5.3)	0.7	107.7			(42.6)
Income (loss) from continuing operations	35.6	9.7	0.7	(36)	(32)	(138.9)	(5)	(192.7)
(Loss) income from discontinued operations, net of income taxes	(0.3)	(0.1)	(0.2)		(1.4)	(1.8)	(0.8)	(3.2)
Net income (loss)	$ 35.3	$ 9.6	0.5	$ (36)	$ (33.4)	$ (140.7)	$ (5.8)	$ (195.9)			$ 63.5
Basic (loss) income per share:
Income (loss) from continuing operations attributable to Manitowoc common shareholders (in dollars per share)	$ 1.01	$ 0.28		$ (1.04)	$ (0.92)	$ (4.01)	$ (0.15)	$ (5.64)			$ (2.11)
(Loss) income from discontinued operations attributable to Manitowoc common shareholders (in dollars per share)	(0.01)				(0.04)	(0.05)	(0.02)	(0.09)
Basic (loss) income per share attributable to Manitowoc common shareholders (in dollars per share)	1	0.28		(1.04)	(0.96)	(4.06)	(0.17)	(5.73)
Diluted (loss) income per share:
Income (loss) from continuing operations attributable to Manitowoc common shareholders (in dollars per share)	0.98	0.28		(1.04)	(0.92)	(4.01)	(0.15)	(5.64)			$ (2.11)
(Loss) income from discontinued operations attributable to Manitowoc common shareholders (in dollars per share)	(0.01)				(0.04)	(0.05)	(0.02)	(0.09)
Diluted (loss) income per share attributable to Manitowoc common shareholders (in dollars per share)	$ 0.97	$ 0.28		$ (1.04)	$ (0.96)	$ (4.06)	$ (0.17)	$ (5.73)
Deferred income taxes	$ (42.8)	$ (1.3)			$ (12.6)	$ 2.6	$ 1.1	$ 110.3			$ 5.9
Change in inventories, net	$ 89.4	$ 0.8	$ (3.4)	$ (31.2)	$ 85.1	$ 7.5	$ (6.2)	$ (33.7)			$ 3.7

Quarterly Financial Data (Un118

Quarterly Financial Data (Unaudited) Quarterly Financial Data (Unaudited) - Narrative (Details) - USD ($) $ in Millions	3 Months Ended		12 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Error Corrections And Prior Period Adjustments Restatement [Line Items]
Loss on debt extinguishment			$ 0	$ 76.3	$ 0.2
Loss from continuing operations			(10)	368.6	69.9
Provision for taxes on income			0	0.6	35.9
Tax benefit			(49.5)	100.5	(41.1)
Accrued expenses and other liabilities			(5.2)	(9.3)	7.6
Net cash provided by (used for) operating activities of discontinued operations			$ (0.6)	$ (49.9)	126.3
Restatement Adjustment
Error Corrections And Prior Period Adjustments Restatement [Line Items]
Loss on debt extinguishment	$ 4.3
Overstated income tax expense	0.8
Loss from continuing operations	3.5				(2)
Comprehensive (loss) income attributable to Manitowoc	2.6
Retained earnings adjustment	2.6
Provision for taxes on income		$ 2.1
Tax benefit		$ 2.1			$ 1.5
Accrued expenses and other liabilities	16.2
Net cash provided by (used for) operating activities of discontinued operations	$ (16.2)

Schedule II_ Valuation and Q119

Schedule II: Valuation and Qualifying Accounts (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Allowance for Doubtful Accounts
Valuation and Qualifying Accounts
Balance at Beginning of Year	$ 11.1	$ 12.8	$ 15.4
Charge to Costs and Expenses	1.7	1	2.5
Utilization of Reserve	(2.7)	(2.9)	(3.5)
Other, Primarily Impact of Foreign Exchange Rates	0.8	0.2	(1.6)
Balance at end of Year	10.9	11.1	12.8
Deferred Tax Valuation Allowance
Valuation and Qualifying Accounts
Balance at Beginning of Year	269.6	86.5	85.2
Charge to Costs and Expenses	15.2	199.2	11.4
Utilization of Reserve	(128.7)	(4.1)	(1.9)
Other, Primarily Impact of Foreign Exchange Rates	6.2	(12)	(8.2)
Balance at end of Year	$ 162.3	$ 269.6	$ 86.5