Terex (TEX) 10-K 25 Feb 19 2018 FY Annual report Financial data

DOCUMENT AND ENTITY INFORMATION

DOCUMENT AND ENTITY INFORMATION Document - USD ($) shares in Millions, $ in Millions	12 Months Ended
	Dec. 31, 2018	Feb. 20, 2019	Jun. 29, 2018
Document and Entity Information [Abstract]
Entity Shell Company	false
Entity Emerging Growth Company	false
Entity Registrant Name	TEREX CORP
Entity Central Index Key	97,216
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Document Type	10-K
Document Period End Date	Dec. 31, 2018
Document Fiscal Year Focus	2,018
Document Fiscal Period Focus	FY
Amendment Flag	false
Entity Common Stock, Shares Outstanding		70.4
Entity Public Float			$ 3,721
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Small Business	false

CONSOLIDATED STATEMENT OF INCOM

CONSOLIDATED STATEMENT OF INCOME (LOSS) - USD ($) shares in Millions, $ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Income Statement [Abstract]
Net sales	$ 5,125	$ 4,363.4	$ 4,443.1
Cost of goods sold	(4,158.2)	(3,547.4)	(3,730.7)
Gross profit	966.8	816	712.4
Selling, general and administrative expenses	(673.5)	(636.1)	(678.2)
Goodwill impairment	0	0	(176)
Income (loss) from operations	293.3	179.9	(141.8)
Other income (expense)
Interest income	8.9	6.9	4.3
Interest expense	(73.1)	(67.5)	(102)
Loss on early extinguishment of debt	(0.7)	(52.6)	(0.4)
Other income (expense) – net	(79.7)	45.3	(30.8)
Income (loss) from continuing operations before income taxes	148.7	112	(270.7)
(Provision for) benefit from income taxes	(37.4)	(52)	77.4
Income (loss) from continuing operations	111.3	60	(193.3)
Income (loss) from discontinued operations – net of tax	0	0	14.3
Gain (loss) on disposition of discontinued operations – net of tax	2.4	68.7	3.5
Net income (loss)	113.7	128.7	(175.5)
Net loss (income) from continuing operations attributable to noncontrolling interest	0	0	0.3
Net loss (income) from discontinued operations attributable to noncontrolling interest	0	0	(0.9)
Net income (loss) attributable to Terex Corporation	113.7	128.7	(176.1)
Amounts attributable to Terex Corporation common stockholders:
Income (loss) from continuing operations	111.3	60	(193)
Income (loss) from discontinued operations – net of tax	0	0	13.4
Gain (loss) on disposition of discontinued operations – net of tax	2.4	68.7	3.5
Net income (loss) attributable to Terex Corporation	$ 113.7	$ 128.7	$ (176.1)
Basic Earnings (Loss) per Share Attributable to Terex Corporation Common Stockholders:
Income (loss) from continuing operations (in dollars per share)	$ 1.48	$ 0.65	$ (1.79)
Income (loss) from discontinued operations – net of tax (in dollars per share)	0	0	0.13
Gain (loss) on disposition of discontinued operations – net of tax (in dollars per share)	0.03	0.74	0.03
Net income (loss) attributable to Terex Corporation (in dollars per share)	1.51	1.39	(1.63)
Diluted Earnings (Loss) per Share Attributable to Terex Corporation Common Stockholders:
Income (loss) from continuing operations (in dollars per share)	1.45	0.63	(1.79)
Income (loss) from discontinued operations – net of tax (in dollars per share)	0	0	0.13
Gain (loss) on disposition of discontinued operations – net of tax (in dollars per share)	0.03	0.73	0.03
Net income (loss) attributable to Terex Corporation (in dollars per share)	$ 1.48	$ 1.36	$ (1.63)
Weighted average number of shares outstanding in per share calculation
Basic (in shares)	75.4	92.8	107.9
Diluted (in shares)	76.9	94.9	107.9

CONSOLIDATED STATEMENT OF COMPR

CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME (LOSS) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Statement of Comprehensive Income [Abstract]
Net income (loss)	$ 113.7	$ 128.7	$ (175.5)
Other comprehensive income (loss), net of tax:
Cumulative translation adjustment, net of (provision for) benefit from taxes of $0.0, $(7.5) and $14.0, respectively	(80.9)	470.6	(123)
Derivative hedging adjustment, net of (provision for) benefit from taxes of $1.7, $(1.2) and $1.2, respectively	(6.5)	4.5	(4.7)
Debt and equity securities adjustment, net of (provision for) benefit from taxes of $0.0, $0.0 and $(0.1), respectively	(0.9)	3.7	6.9
Pension liability adjustment:
Net gain (loss), net of (provision for) benefit from taxes of $1.0, $(2.8) and $12.1, respectively	(4.3)	5	(28.3)
Amortization of actuarial (gain) loss, net of provision for (benefit from) taxes of $(1.7), $(2.2) and $(3.1), respectively	5.8	5.7	6.7
Settlement of U.S. defined benefit pension obligations, net of provision for (benefit from) taxes of $(24.4), $0.0 and $0.0, respectively	42.6	0	0
Divestiture of business, net of provision for (benefit from) taxes of $0.0, $(23.9) and $0.0, respectively	0	55.5	0
Foreign exchange and other effects, net of (provision for) benefit from taxes of $0.2, $1.9 and $(2.4), respectively	1.5	(5.1)	12.2
Total pension liability adjustment	45.6	61.1	(9.4)
Other comprehensive income (loss)	(42.7)	539.9	(130.2)
Comprehensive income (loss)	71	668.6	(305.7)
Comprehensive loss (income) attributable to noncontrolling interest	0	0	(0.2)
Comprehensive income (loss) attributable to Terex Corporation	$ 71	$ 668.6	$ (305.9)

CONSOLIDATED STATEMENT OF COM_2

CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME (LOSS) (PARENTHETICAL) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Statement of Comprehensive Income [Abstract]
Cumulative translation adjustment, tax portion	$ 0	$ (7.5)	$ 14
Derivative hedging adjustment, tax portion	1.7	(1.2)	1.2
Debt and equity securities adjustment, tax portion	0	0	(0.1)
Pension - Net gain (loss), tax portion	1	(2.8)	12.1
Pension - Amortization of actuarial (gain) loss, tax portion	(1.7)	(2.2)	(3.1)
Pension - Settlement of U.S. defined benefit pension obligations, tax portion	(24.4)	0	0
Pension - Divestitiure of business, tax portion	0	(23.9)	0
Pension - Foreign exchange and other effects, tax portion	$ 0.2	$ 1.9	$ (2.4)

CONSOLIDATED BALANCE SHEET

CONSOLIDATED BALANCE SHEET - USD ($) $ in Millions	Dec. 31, 2018	Dec. 31, 2017
Current assets
Cash and cash equivalents	$ 368	$ 626.5
Trade receivables (net of allowance of $15.2 and $16.2 at December 31, 2018 and 2017, respectively)	659.9	579.9
Inventories	1,212	969.6
Prepaid and other current assets	183.1	207
Total current assets	2,423	2,383
Non-current assets
Property, plant and equipment – net	345.6	311
Goodwill	265.2	273.6
Intangible assets – net	13.2	13.8
Other assets	438.9	481.1
Total assets	3,485.9	3,462.5
Current liabilities
Notes payable and current portion of long-term debt	4.7	5.2
Trade accounts payable	788.2	592.4
Accrued compensation and benefits	152.2	159.6
Other current liabilities	269.6	278.3
Total current liabilities	1,214.7	1,035.5
Non-current liabilities
Long-term debt, less current portion	1,214.7	979.6
Retirement plans	140.8	151.3
Other non-current liabilities	54.7	73.6
Total liabilities	2,624.9	2,240
Commitments and contingencies
Stockholders’ equity
Common stock, $.01 par value – authorized 300.0 shares; issued 81.3 and 130.4 shares at December 31, 2018 and 2017, respectively	0.8	1.3
Additional paid-in capital	797.3	1,322
Retained earnings	749	1,995.9
Accumulated other comprehensive (loss) income	(284.8)	(239.5)
Less cost of shares of common stock in treasury – 11.7 and 50.2 shares at December 31, 2018 and 2017, respectively	(401.8)	(1,857.7)
Total Terex Corporation stockholders’ equity	860.5	1,222
Noncontrolling interest	0.5	0.5
Total stockholders’ equity	861	1,222.5
Total liabilities, noncontrolling interest and stockholders’ equity	$ 3,485.9	$ 3,462.5

CONSOLIDATED BALANCE SHEET (Par

CONSOLIDATED BALANCE SHEET (Parenthetical) - USD ($) $ in Millions	Dec. 31, 2018	Dec. 31, 2017
Current assets
Allowance for Doubtful Accounts Receivable, Current	$ 15.2	$ 16.2
Stockholders’ equity
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common Stock, Shares Authorized	300,000,000	300,000,000
Common Stock, Shares, Issued	81,300,000	130,400,000
Treasury Stock, Shares	11,700,000	50,200,000

CONSOLIDATED STATEMENT OF CHANG

CONSOLIDATED STATEMENT OF CHANGES IN STOCKHOLDERS' EQUITY - USD ($) shares in Millions, $ in Millions	Total	Common Stock	Additional Paid-in Capital	Retained Earnings	Accumulated Other Comprehensive Income (Loss)	Common Stock in Treasury	Noncontrolling Interest
Total stockholders' equity, Beginning of Period at Dec. 31, 2015	$ 1,912	$ 1.3	$ 1,273.3	$ 2,104.6	$ (649.6)	$ (852.2)	$ 34.6
Shares oustanding, Beginning of Period (in shares) at Dec. 31, 2015		107.7
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	(175.5)	$ 0	0	(176.1)	0	0	0.6
Other Comprehensive Income (Loss) – net of tax	(130.2)	0	0	0	(129.8)	0	(0.4)
Issuance of Common Stock	22.1	$ 0	22.1	0	0	0	0
Issuance of Common Stock (in shares)		0.8
Compensation under Stock-based Plans - net	5.4	$ 0	4	0	0	1.4	0
Proceeds from noncontrolling interest	2.9	$ 0	0	0	0	0	2.9
Compensation under Stock-based Plans - net (in shares)		0.1
Dividends	(31.2)	$ 0	0.6	(30.6)	0	0	(1.2)
Acquisition of Treasury Stock (in shares)		(3.6)
Acquisition of Treasury Stock	(84.3)	$ 0	0	0	0	(84.3)	0
Shares outstanding, End of Period (in shares) at Dec. 31, 2016		105
Total stockholders' equity, End of Period at Dec. 31, 2016	1,521.2	$ 1.3	1,300	1,897.9	(779.4)	(935.1)	36.5
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	128.7	0	0	128.7	0	0	0
Other Comprehensive Income (Loss) – net of tax	539.9	0	0	0	539.9	0	0
Issuance of Common Stock	21	$ 0	21	0	0	0	0
Issuance of Common Stock (in shares)		0.8
Compensation under Stock-based Plans - net	3.8	$ 0	0.2	(0.4)	0	4	0
Compensation under Stock-based Plans - net (in shares)		0.2
Dividends	(29.5)	$ 0	0.8	(30.3)	0	0	0
Divestiture	(36)	$ 0	0	0	0	0	(36)
Acquisition of Treasury Stock (in shares)		(25.8)
Acquisition of Treasury Stock	(926.6)	$ 0	0	0	0	(926.6)	0
Shares outstanding, End of Period (in shares) at Dec. 31, 2017		80.2
Total stockholders' equity, End of Period at Dec. 31, 2017	1,222.5	$ 1.3	1,322	1,995.9	(239.5)	(1,857.7)	0.5
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	113.7	0	0	113.7	0	0	0
Other Comprehensive Income (Loss) – net of tax	(42.7)	0	0	0	(42.7)	0	0
Issuance of Common Stock	17.3	$ 0	17.3	0	0	0	0
Issuance of Common Stock (in shares)		0.8
Compensation under Stock-based Plans - net	8	$ 0	6.3	0	0	1.7	0
Compensation under Stock-based Plans - net (in shares)		0.1
Dividends	(30)	$ 0	0.9	(30.9)	0	0	0
Retirement of Treasury Stock	0	$ (0.5)	(549.2)	(1,332.3)	0	1,882	0
Acquisition of Treasury Stock (in shares)		(11.5)
Acquisition of Treasury Stock	(427.8)	$ 0	0	0	0	(427.8)	0
Other	0	$ 0	0	2.6	(2.6)	0	0
Shares outstanding, End of Period (in shares) at Dec. 31, 2018		69.6
Total stockholders' equity, End of Period at Dec. 31, 2018	$ 861	$ 0.8	$ 797.3	$ 749	$ (284.8)	$ (401.8)	$ 0.5

CONSOLIDATED STATEMENT OF CASH

CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
OPERATING ACTIVITIES
Net income (loss)	$ 113.7	$ 128.7	$ (175.5)
Adjustments to reconcile net income (loss) to cash provided by (used in) operating activities:
Depreciation and amortization	59.7	66.5	96.7
(Gain) loss on disposition of discontinued operations	(2.4)	(68.7)	(3.5)
Deferred taxes	(9.1)	37.6	(137.6)
Goodwill impairment	0	0	176
Asset impairments	9	6.8	70
(Gain) loss on sale of assets	(1.9)	(58)	(5.8)
Loss on early extinguishment of debt	0.7	52.6	0.4
Stock-based compensation expense	36.7	38.5	37.8
Pension plan settlements	67.8	1.5	0
Inventory and other non-cash charges	30.3	34	60.2
Changes in operating assets and liabilities (net of effects of acquisitions and divestitures):
Trade receivables	(107.9)	(0.5)	33
Inventories	(284.2)	(33.5)	97.3
Trade accounts payable	213.2	25	(21)
Other assets and liabilities	(25.1)	(46)	192.6
Foreign exchange and other operating activities, net	(6.3)	(31.5)	(43.5)
Net cash provided by (used in) operating activities	94.2	153	377.1
INVESTING ACTIVITIES
Capital expenditures	(103.8)	(43.5)	(73)
Acquisitions, net of cash acquired	(6.9)	0	(7)
Proceeds from disposition of investments	19.8	0	0
Proceeds (payments) from disposition of discontinued operations	2.5	775.7	3.5
Proceeds from sale of assets	2.3	803.4	67.2
Other investing activities, net	0.2	0	(2.5)
Net cash provided by (used in) investing activities	(85.9)	1,535.6	(11.8)
FINANCING ACTIVITIES
Repayments of debt	(1,150.1)	(1,594.1)	(1,286.3)
Proceeds from issuance of debt	1,382.3	1,010.7	1,097.7
Payment of debt extinguishment costs	(0.5)	(36.4)	0
Share repurchases	(427.5)	(924.9)	(82.7)
Dividends paid	(30)	(29.5)	(30)
Other financing activities, net	(19.1)	(32.3)	(8.9)
Net cash provided by (used in) financing activities	(244.9)	(1,606.5)	(310.2)
Effect of Exchange Rate Changes on Cash and Cash Equivalents	(21.4)	46.1	(19.7)
Net Increase (Decrease) in Cash and Cash Equivalents	(258)	128.2	35.4
Cash and Cash Equivalents at beginning of period	630.1	501.9	466.5
Cash and Cash Equivalents at end of period	$ 372.1	$ 630.1	$ 501.9

BASIS OF PRESENTATION

BASIS OF PRESENTATION	12 Months Ended
	Dec. 31, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract]
BASIS OF PRESENTATION	BASIS OF PRESENTATION Principles of Consolidation . The Consolidated Financial Statements include the accounts of Terex Corporation, its majority-owned subsidiaries and other controlled subsidiaries (“Terex” or the “Company”). The Company consolidates all majority-owned and controlled subsidiaries, applies the equity method of accounting for investments in which the Company is able to exercise significant influence, and applies the cost method for all other investments. All intercompany balances, transactions and profits have been eliminated. Certain prior period amounts have been reclassified to conform with the 2018 presentation. Use of Estimates. The preparation of financial statements in conformity with generally accepted accounting principles (“U.S. GAAP”) requires management to make estimates and assumptions that affect reported amounts of assets and liabilities and 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 amounts could differ from those estimates. Cash and Cash Equivalents. Cash equivalents consist of highly liquid investments with original maturities of three months or less. The carrying amount of cash and cash equivalents approximates its fair value. Cash and cash equivalents at December 31, 2018 and 2017 include $13.1 million and $5.0 million , respectively, which were not immediately available for use. These consist primarily of cash balances held in escrow to secure various obligations of the Company. There were no cash and cash equivalents held for sale at December 31, 2018 and 2017 which were not immediately available for use. The following table provides amounts of cash and cash equivalents presented in the Consolidated Statement of Cash Flows (in millions): December 31, 2018 December 31, 2017 December 31, 2016 Cash and cash equivalents: Cash and cash equivalents - continuing operations $ 368.0 $ 626.5 $ 428.5 Cash and cash equivalents - held for sale 4.1 3.6 73.4 Total cash and cash equivalents: $ 372.1 $ 630.1 $ 501.9 Inventories. Inventories are stated at the lower of cost or net realizable value (“NRV”). Cost is determined by the average cost and first-in, first-out (“FIFO”) methods (approximately 11% and 89% , respectively). In valuing inventory, the Company is required to make assumptions regarding the level of reserves required to value potentially obsolete or over-valued items at the lower of cost or NRV. These assumptions require the Company to analyze aging of and forecasted demand for its inventory, forecasted future product sales prices, pricing trends and margins, and to make judgments and estimates regarding obsolete or excess inventory. Future product sales prices, pricing trends and margins are based on the best available information at that time including actual orders received, negotiations with the Company’s customers for future orders, including their plans for expenditures, and market trends for similar products. The Company’s judgments and estimates for excess or obsolete inventory are based on analysis of actual and forecasted usage. The valuation of used equipment taken in trade from customers requires the Company to use the best information available to determine the value of the equipment to potential customers. This value is subject to change based on numerous conditions. Inventory reserves are established taking into account age, frequency of use, or sale, and in the case of repair parts, installed base of machines. While calculations are made involving these factors, significant management judgment regarding expectations for future events is involved. Future events that could significantly influence the Company’s judgment and related estimates include general economic conditions in markets where the Company’s products are sold, new equipment price fluctuations, actions of the Company’s competitors, including introduction of new products and technological advances, as well as new products and design changes the Company introduces. The Company makes adjustments to its inventory reserves based on the identification of specific situations and increases its inventory reserves accordingly. As further changes in future economic or industry conditions occur, the Company may revise estimates that were used to calculate its inventory reserves. At December 31, 2018 and 2017 , reserves for lower of cost or NRV, excess and obsolete inventory totaled $78.8 million and $85.8 million , respectively. If actual conditions are less favorable than those the Company has projected, the Company will increase its reserves for lower of cost or NRV, excess and obsolete inventory accordingly. Any increase in the Company’s reserves will adversely impact its results of operations. Establishment of a reserve for lower of cost or NRV, excess and obsolete inventory establishes a new cost basis in the inventory. Such reserves are not reduced until the product is sold. Shipping and handling costs for product shipments to customers are recorded in Cost of goods sold (“COGS”). Debt Issuance Costs. Debt issuance costs incurred in securing the Company’s financing arrangements are capitalized and amortized over the term of the associated debt. Debt issuance costs related to senior notes and term loans are presented in the balance sheet as a direct deduction from the carrying amount of the borrowing, consistent with debt discounts. Debt issuance costs related to securing the Company’s revolving line of credit are presented in Other assets. Debt issuance costs related to debt that is extinguished early are charged to expense at the time of retirement. Debt issuance costs were $19.0 million and $22.2 million (net of accumulated amortization of $7.6 million and $3.6 million ) at December 31, 2018 and 2017 , respectively. Intangible Assets. Intangible assets include purchased patents, trademarks, customer relationships and other specifically identifiable assets and are amortized on a straight-line basis over the respective estimated useful lives, which range from one to ninety-nine years. Intangible assets are reviewed for impairment when circumstances warrant. Goodwill. Goodwill, representing the difference between total purchase price and fair value of assets (tangible and intangible) and liabilities at the date of acquisition, is reviewed for impairment annually, and more frequently as circumstances warrant, and written down only in the period in which the recorded value of such assets and liabilities exceeds fair value. The Company selected October 1 as the date for the required annual impairment test. Goodwill is tested for impairment at the reporting unit level, which is defined as an operating segment or a component of an operating segment that constitutes a business for which discrete financial information with similar economic characteristics is available and operating results are regularly reviewed by the Company’s chief operating decision maker. The Company has three reportable segments: Aerial Work Platforms (“AWP”), Cranes and Materials Processing (“MP”). All operating segments are comprised of one reporting unit. Only AWP and MP goodwill is tested for impairment as Cranes goodwill was fully impaired in 2016. The Company may elect to perform a qualitative analysis for our reporting units to determine whether it is more likely than not that fair value of the reporting unit is greater than its carrying value. If the qualitative analysis indicates that it is more likely than not that the fair value of a reporting unit is less than its carrying amount, or if the Company elects not to perform a qualitative analysis, the Company performs a quantitative analysis to determine whether a goodwill impairment exists. The quantitative goodwill impairment analysis is used to identify potential impairment by comparing fair value of a reporting unit with its carrying amount. The Company uses an income approach, along with other relevant market information, derived from a discounted cash flow model to estimate fair value of its reporting units. The aggregate fair value of the Company’s reporting units is compared to the Company’s market capitalization on the valuation date to assess its reasonableness. Initial recognition of goodwill, as well as the annual review of carrying value of goodwill, requires that the Company develop estimates of future business performance. These estimates are used to derive expected cash flows and include assumptions regarding future sales levels and the level of working capital needed to support a given business. The Company relies on data developed by business segment management as well as macroeconomic data in making these calculations. The discounted cash flow model also includes a determination of the Company’s weighted average cost of capital by reporting unit. Cost of capital is based on assumptions about interest rates as well as a risk-adjusted rate of return required by the Company’s equity investors. Changes in these estimates can impact present value of expected cash flows used in determining fair value of a reporting unit. An impairment charge for the amount by which the carrying amount exceeds the reporting unit’s fair value, if any, would be recognized. The loss recognized would not exceed total amount of goodwill allocated to that reporting unit. The Company performed its annual impairment test performed as of October 1, 2018 , 2017 and 2016 . The Company recorded a non-cash charge of $176.0 million in our Cranes segment during the year ended December 31, 2016. There were no goodwill impairment charges recorded during 2018 and 2017 . See Note D – “Discontinued Operations and Other Divestitures” and Note J – “Goodwill and Intangible Assets, Net”. Property, Plant and Equipment . Property, plant and equipment are stated at cost. Expenditures for major renewals and improvements are capitalized while expenditures for maintenance and repairs not expected to extend the life of an asset beyond its normal useful life are charged to expense when incurred. Plant and equipment are depreciated over the estimated useful lives ( 1 - 40 years and 2 - 20 years, respectively) of the assets under the straight-line method of depreciation for financial reporting purposes and both straight-line and other methods for tax purposes. Impairment of Long-Lived Assets. The Company’s policy is to assess the realizability of its long-lived assets, including definite-lived intangible assets, and to evaluate such assets for impairment whenever events or changes in circumstances indicate the carrying amount of such assets (or group of assets) may not be recoverable. Impairment is determined to exist if estimated future undiscounted cash flows are less than carrying value. If an impairment is indicated, assets are written down to their fair value, which is typically determined by a discounted cash flow analysis. Future cash flow projections include assumptions regarding future sales levels and the level of working capital needed to support the assets. The Company uses data developed by business segment management as well as macroeconomic data in making these calculations. There are no assurances that future cash flow assumptions will be achieved. The amount of any impairment then recognized would be calculated as the difference between estimated fair value and carrying value of the asset. Included in Selling, general & administrative expenses (“SG&A”) are $9.0 million , $6.8 million and $41.2 million of asset impairments for the year ended December 31, 2018 , 2017 and 2016 , respectively. The impairment charges recognized during 2016 include a $16.6 million charge in Corporate and Other to write off information technology assets related to cessation of implementation efforts in several locations and $17.4 million in the Company’s Cranes segment for restructuring and facility exit activities. In 2016, the Company also recorded a $20.5 million impairment charge in Other income (expense) - net to recognize impairment of a cost-basis investment. See Note L – “Restructuring and Other Charges” for information on asset impairments recorded as part of restructuring activities. Accounts Receivable and Allowance for Doubtful Accounts. Trade accounts receivable are recorded at the invoiced amount and do not bear interest. The allowance for doubtful accounts is the Company’s best estimate of the amount of probable credit losses in its existing accounts receivable. The Company determines the allowance based on historical customer review and current financial conditions. The Company reviews its allowance for doubtful accounts at least quarterly. Account balances are charged off against the allowance when the Company determines it is probable the receivable will not be recovered. There can be no assurance that the Company’s historical accounts receivable collection experience will be indicative of future results. The Company has off-balance sheet credit exposure related to guarantees provided to financial institutions as disclosed in Note Q – “Litigation and Contingencies.” Substantially all receivables were trade receivables at December 31, 2018 and 2017 . Pursuant to terms of the Company’s trade accounts receivable factoring arrangements, certain of the Company’s subsidiaries may sell their trade accounts receivable. In certain cases, the Company continues to service such accounts. These trade receivables qualify for sales treatment under Accounting Standards Codification (“ASC”) 860, “Transfers and Servicing” (“ASC 860”) and accordingly, the proceeds are included in net cash provided by operating activities. The gross amount of trade receivables sold for years ended December 31, 2018 , 2017 and 2016 totaled $940.1 million , $631.1 million and $620.4 million , respectively. The factoring discount paid upon sale is recorded as interest expense in the Consolidated Statement of Income (Loss). As of December 31, 2018 and 2017 , $85.1 million and $85.2 million , respectively, of receivables qualifying for sale treatment and continuing to be serviced by the Company were outstanding. Revenue Recognition. The Company recognizes revenue when goods or services are transferred to customers in an amount that reflects the consideration which it expects to receive in exchange for those goods or services. In determining when and how revenue is recognized from contracts with customers, the Company performs the following five-step analysis: (i) identification of contract with customer; (ii) determination of performance obligations; (iii) measurement of the transaction price; (iv) allocation of the transaction price to the performance obligations; and (v) recognition of revenue when (or as) the Company satisfies each performance obligation. In the United States, we have the ability to enter into a security agreement and receive a security interest in the product by filing an appropriate Uniform Commercial Code (“UCC”) financing statement. However, a significant portion of our revenue is generated outside of the United States. In many countries outside of the United States, as a matter of statutory law, a seller retains title to a product until payment is made. The laws do not provide for a seller’s retention of a security interest in goods in the same manner as established in the UCC. In these countries, we retain title to goods delivered to a customer until the customer makes payment so that we can recover the goods in the event of customer default on payment. The Company considers the following events in order to determine when it is appropriate to recognize revenue: (i) the customer has physical possession of the product; (ii) the customer has legal title to the product; (iii) the customer has assumed the risks and rewards of ownership and (iv) the customer has communicated acceptance of the product. These events serve as indicators, along with the details contained within the contract, that it is appropriate to recognize revenue. The Company generates revenue through the sale of machines, parts and service, and extended warranties. Revenue from product sales is recorded when the performance obligation is fulfilled, usually at the time of shipment, at the net sales price (transaction price). Estimates of variable consideration, such as volume discounts and rebates, reduce transaction price when it is probable that a customer will attain these types of sales incentives. These estimates are primarily derived from contractual terms and historical experience. The Company elected to present revenue net of sales tax and other similar taxes and account for shipping and handling as activities to fulfill the promise to transfer goods rather than separate performance obligations. Payments are typically due either 30 or 60 days, depending on geography, following delivery of products or completion of services. Revenue from extended warranties is recognized over time on a straight line basis because the customer benefits evenly from the extended warranty throughout the period; beginning upon expiration of the standard warranty and through end of the term. Revenue from services is recognized based on cost input method as the time and materials used in the repair portrays the most accurate depiction of completion of the performance obligation. During the full year ended December 31, 2018, revenues generated from the sale of extended warranties and services were an immaterial portion of revenue. The Company sells equipment subject to leases and related lease payments. Income from operating leases is recognized ratably over the lease term. Revenue from sales-type leases is recognized at the inception of the lease. For detailed sales information see Note B - “Business Segment Information”. Guarantees . The Company records a liability for the estimated fair value of guarantees issued pursuant to ASC 460. The Company recognizes a loss under a guarantee when its obligation to make payment under the guarantee is probable and the amount of the loss can be estimated. A loss would be recognized if the Company’s payment obligation under the guarantee exceeds the value it can expect to recover to offset such payment, primarily through the sale of the equipment underlying the guarantee. Accrued Warranties . The Company records accruals for potential warranty claims based on its claim experience. The Company’s products are typically sold with a standard warranty covering defects that arise during a fixed period. Each business provides a warranty specific to the products it offers. The specific warranty offered by a business is a function of customer expectations and competitive forces. Warranty length is generally a fixed period of time, a fixed number of operating hours, or both. A liability for estimated warranty claims is accrued at the time of sale. The non-current portion of the warranty accrual is included in Other non-current liabilities in the Company’s Consolidated Balance Sheet. The liability is established using historical warranty claims experience for each product sold. Historical claims experience may be adjusted for known design improvements or for the impact of unusual product quality issues. Warranty reserves are reviewed quarterly to ensure critical assumptions are updated for known events that may affect the potential warranty liability. The following table summarizes the changes in the consolidated product warranty liability (in millions): Balance as of December 31, 2016 $ 59.8 Accruals for warranties issued during the period 50.1 Changes in estimates 2.5 Settlements during the year (62.0 ) Foreign exchange effect/other 2.2 Balance as of December 31, 2017 52.6 Accruals for warranties issued during the period 61.1 Changes in estimates 0.3 Settlements during the year (57.5 ) Foreign exchange effect/other (3.0 ) Balance as of December 31, 2018 $ 53.5 Accrued Product Liability. The Company records accruals for product liability claims when deemed probable and estimable based on facts and circumstances, and prior claims experience. Accruals for product liability claims are valued based upon the Company’s prior claims experience, including consideration of jurisdiction, circumstances of the accident, type of loss or injury, identity of plaintiff, other potential responsible parties, analysis of outside legal counsel, analysis of internal product liability counsel and experience of the Company’s product safety employees. Actual product liability costs could be different due to a number of variables such as the decisions of juries or judges. Defined Benefit Pension and Other Post-retirement Benefits. The Company provides post-retirement benefits to certain former salaried and hourly employees and certain hourly employees covered by bargaining unit contracts that provide such benefits. The Company accounts for these benefits under ASC 715, “Compensation-Retirement Benefits” (“ASC 715”). ASC 715 requires balance sheet recognition of the overfunded or underfunded status of pension and post-retirement benefit plans. Under ASC 715, actuarial gains and losses, prior service costs or credits, and any remaining transition assets or obligations that have not been recognized under previous accounting standards must be recognized in Accumulated other comprehensive income, net of tax effects, until they are amortized as a component of net periodic benefit cost. See Note O – “Retirement Plans and Other Benefits.” Deferred Compensation. The Company maintains a deferred compensation plan, which is described more fully in Note O – “Retirement Plans and Other Benefits.” The Company’s common stock held in a rabbi trust pursuant to the Company’s deferred compensation plan, is treated in a manner similar to treasury stock and is recorded at cost within Stockholders’ equity as of December 31, 2018 and 2017 . The plan obligations for participant deferrals in common stock are classified as Additional paid-in capital and deferrals in the bond fund investment are classified as Accrued compensation and benefits and Other non-current liabilities in the Consolidated Balance Sheet. The total of common stock required to settle this deferred compensation obligation is included in the denominator in both basic and diluted earnings per share calculations. Stock-Based Compensation . At December 31, 2018 , the Company had stock-based employee compensation plans, which are described more fully in Note P – “Stockholders’ Equity.” The Company accounts for those plans under the recognition and measurement principles of ASC 718, “Compensation–Stock Compensation” (“ASC 718”). ASC 718 requires that expense resulting from all share-based payment transactions be recognized in the financial statements at fair value. The Company recognizes forfeitures as they occur. Foreign Currency Translation. Assets and liabilities of the Company’s non-U.S. operations are translated at year-end exchange rates. Income and expenses are translated at average exchange rates during the year. For operations whose functional currency is the local currency, translation adjustments are recorded in the Accumulated other comprehensive income component of Stockholders’ equity. Gains or losses resulting from foreign currency transactions are recorded in the accounts based on the underlying transaction. Derivatives. Derivative financial instruments are recorded in the Consolidated Balance Sheet at their fair value as either assets or liabilities. Changes in the fair value of derivatives are recorded each period in earnings or Accumulated other comprehensive income, depending on whether a derivative is designated and effective as part of a hedge transaction and, if it is, the type of hedge transaction. Gains and losses on derivative instruments reported in Accumulated other comprehensive income are included in earnings in the periods in which earnings are affected by the hedged item. See Note K – “Derivative Financial Instruments.” Environmental Policies. Environmental expenditures that relate to current operations are either expensed or capitalized depending on the nature of the expenditure. Expenditures relating to conditions caused by past operations that do not contribute to current or future revenue generation are expensed. Liabilities are recorded when environmental assessments and/or remedial actions are probable and the costs can be reasonably estimated. Such amounts were not material at December 31, 2018 and 2017 . Research, Development and Engineering Costs. Research, development and engineering costs are expensed as incurred. Such costs incurred in the development of new products or significant improvements to existing products are included in SG&A. Research, development and engineering costs were $92.7 million , $81.0 million and $86.2 million during 2018 , 2017 and 2016 , respectively. Income Taxes . The Company accounts for income taxes using the asset and liability method. This method requires the recognition of deferred tax assets and liabilities for the expected future tax consequences of temporary differences between financial statement carrying amounts and the tax bases of assets and liabilities. See Note C – “Income Taxes.” Earnings Per Share. Basic earnings (loss) per share is computed by dividing Net income (loss) attributable to Terex Corporation for the period by the weighted average number of shares of common stock outstanding. Diluted earnings (loss) per share is computed by dividing Net income (loss) attributable to Terex Corporation for the period by the weighted average number of shares of common stock outstanding and potential dilutive common shares. See Note E – “Earnings Per Share.” Fair Value Measurements. Assets and liabilities measured at fair value on a recurring basis under the provisions of ASC 820, “Fair Value Measurement and Disclosure” (“ASC 820”), include foreign exchange contracts, cross currency and commodity swaps and a debt conversion feature on a convertible promissory note discussed in Note K – “Derivative Financial Instruments”, debt discussed in Note M – “Long-Term Obligations” and defined benefit plan assets discussed in Note O – “Retirement Plans and Other Benefits”. These instruments are valued using a market approach, which uses prices and other relevant information generated by market transactions involving identical or comparable assets or liabilities. ASC 820 establishes a fair value hierarchy for those instruments measured at fair value that distinguishes between assumptions based on market data (observable inputs) and the Company’s assumptions (unobservable inputs). The hierarchy consists of three levels: Level 1 – Unadjusted quoted prices in active markets that are accessible at the measurement date for identical, unrestricted assets or liabilities; Level 2 – Quoted prices in markets that are not active, or inputs which are observable, either directly or indirectly, for substantially the full term of the asset or liability; and Level 3 – Prices or valuation techniques that require inputs that are both significant to the fair value measurement and unobservable (i.e. supported by little or no market activity). Determining which category an asset or liability falls within this hierarchy requires judgment. The Company evaluates its hierarchy disclosures each quarter. Recently Issued Accounting Standards Accounting Standards Implemented in 2018 In May 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standard Update (“ASU”) 2014-09, “Revenue from Contracts with Customers (Topic 606),” (“ASU 2014-09”). ASU 2014-09 outlines a new, single comprehensive model for entities to use in accounting for revenue arising from contracts with customers and supersedes most current revenue recognition guidance, including industry-specific guidance. This new revenue recognition model provides a five-step analysis in determining when and how revenue is recognized. The new model requires revenue recognition to depict the transfer of promised goods or services to customers in an amount that reflects the consideration a company expects to receive. ASU 2014-09 also requires additional disclosure about the nature, amount, timing and uncertainty of revenue and cash flows arising from customer contracts, including significant judgments and changes in judgments and assets recognized from costs incurred to obtain or fulfill a contract. Subsequently, the FASB issued the following standards related to ASU 2014-09: ASU 2016-08, “Revenue from Contracts with Customers (Topic 606), Principal versus Agent Considerations (Reporting Revenue Gross versus Net),” (“ASU 2016-08”); ASU 2016-10, “Revenue from Contracts with Customers (Topic 606), Identifying Performance Obligations and Licensing,” (“ASU 2016-10”); ASU 2016-12, “Revenue from Contracts with Customers (Topic 606) Narrow-Scope Improvements and Practical Expedients,” (“ASU 2016-12”); and ASU 2016-20, “Technical Corrections and Improvements to Topic 606, Revenue from Contracts with Customers,” (“ASU 2016-20”), which provided additional guidance and clarity to ASU 2014-09 (collectively, the “New Revenue Standards”). The Company adopted the New Revenue Standards on January 1, 2018 using the modified retrospective approach and elected the significant financing component and costs of obtaining a contract practical expedients. Adoption of the New Revenue Standards did not have a material effect on the Company’s consolidated financial statements. The Company’s revenue recognition policy adopted as a result of the New Revenue Standards is presented above. In January 2016, the FASB issued ASU 2016-01, "Financial Instruments-Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities," (“ASU 2016-01”). The amendments in ASU 2016-01, among other things, require equity investments (except those accounted for under the equity method of accounting, or those that result in consolidation of the investee) to be measured at fair value with changes in fair value recognized in net income; require public business entities to use the exit price notion when measuring fair value of financial instruments for disclosure purposes; require separate presentation of financial assets and financial liabilities by measurement category and form of financial asset (i.e., securities or loans and receivables); and eliminate the requirement for public business entities to disclose the method(s) and significant assumptions used to estimate fair value that is required to be disclosed for financial instruments measured at amortized cost. The Company adopted ASU 2016-01 on January 1, 2018. Adoption did not have a material effect on the Company’s consolidated financial statements. In October 2016, the FASB issued ASU 2016-16, “Income Taxes (Topic 740) - Intra-Entity Transfer of Assets Other than Inventory,” (“ASU 2016-16”). ASU 2016-16 requires recognition of current and deferred income taxes resulting from an intra-entity transfer of any asset (excluding inventory) when the transfer occurs. This is a change from existing U.S. generally accepted accounting principles which prohibits recognition of current and deferred income taxes until the asset is sold to a third party. The Company adopted ASU 2016-16 on January 1, 2018. Adoption did not have a material effect on the Company’s consolidated financial statements. In November 2016, the FASB issued ASU 2016-18, “Statement of Cash Flows (Topic 230) - Restricted Cash,” (“ASU 2016-18”). ASU 2016-18 requires a statement of cash flows to explain the change during the period in the total of cash, cash equivalents, and amounts generally described as restricted cash or restricted cash equivalents. Amounts generally described as restricted cash and restricted cash equivalents should be included with cash and cash equivalents when reconciling the beginning-of-period and end-of-period total amounts shown on the statement of cash flows. The Company adopted ASU 2016-18 on January 1, 2018. Adoption did not have a material effect on the Company’s consolidated financial statements. In January 2017, the FASB issued ASU 2017-01, “Business Combinations (Topic 805): Clarifying the Definition of a Business,” (“ASU 2017-01”). ASU 2017-01 provides guidance in ascertaining whether a collection of assets and activities is considered a business. The Company adopted ASU 2017-01 on January 1, 2018. Adoption did not have a material effect on the Company’s consolidated financial statements. In January 2017, the FASB issued ASU 2017-04, “Intangibles - Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment,” (“ASU 2017-04”). ASU 2017-04 eliminates Step 2 from the goodwill impai

BUSINESS SEGMENT INFORMATION

BUSINESS SEGMENT INFORMATION	12 Months Ended
	Dec. 31, 2018
Segment Reporting [Abstract]
BUSINESS SEGMENT INFORMATION	BUSINESS SEGMENT INFORMATION Terex is a global manufacturer of aerial work platforms, cranes and materials processing machinery. The Company designs, builds and supports products used in construction, maintenance, manufacturing, energy, minerals and materials management applications. Terex’s products are manufactured in North and South America, Europe, Australia and Asia and sold worldwide. The Company engages with customers through all stages of the product life cycle, from initial specification and financing to parts and service support. The Company operates in three reportable segments: (i) AWP; (ii) Cranes; and (iii) MP. The AWP segment designs, manufactures, services and markets aerial work platform equipment, telehandlers and light towers as well as their related components and replacement parts. Customers use these products to construct and maintain industrial, commercial and residential buildings and facilities and for other commercial operations, as well as in a wide range of infrastructure projects. The Cranes segment designs, manufactures, services, refurbishes and markets a wide variety of cranes, including mobile telescopic cranes, lattice boom crawler cranes, tower cranes, and utility equipment, as well as their related components and replacement parts. Customers use these products primarily for construction, repair and maintenance of commercial buildings, manufacturing facilities, construction and maintenance of utility and telecommunication lines, tree trimming and certain construction and foundation drilling applications and a wide range of infrastructure projects. The MP segment designs, manufactures and markets materials processing and specialty equipment, including crushers, washing systems, screens, apron feeders, material handlers, wood processing, biomass and recycling equipment, concrete mixer trucks and concrete pavers, and their related components and replacement parts. Customers use these products in construction, infrastructure and recycling projects, in various quarrying and mining applications, as well as in landscaping and biomass production industries, material handling applications, and in building roads and bridges. The Company assists customers in their rental, leasing and acquisition of its products through Terex Financial Services (“TFS”). TFS uses its equipment financing experience to provide financing solutions to customers who purchase the Company’s equipment. TFS is included in the Corporate and Other category. None of the Company’s customers individually accounted for more than 10% of consolidated net sales in 2018 , 2017 or 2016 . Included in Corporate and Other / Eliminations are the eliminations among the three segments, various construction product lines and on-book financing activities of TFS, as well as general and corporate items. Business segment information is presented below (in millions): Year Ended December 31, 2018 2017 2016 Net Sales AWP $ 2,559.7 $ 2,071.5 $ 1,977.8 Cranes 1,315.0 1,194.0 1,274.5 MP 1,256.8 1,072.5 944.5 Corporate and Other / Eliminations (6.5 ) 25.4 246.3 Total $ 5,125.0 $ 4,363.4 $ 4,443.1 Income (loss) from Operations AWP $ 261.0 $ 170.3 $ 177.4 Cranes (45.3 ) (14.1 ) (318.5 ) MP 167.5 125.1 86.6 Corporate and Other / Eliminations (89.9 ) (101.4 ) (87.3 ) Total $ 293.3 $ 179.9 $ (141.8 ) Depreciation and Amortization AWP $ 17.8 $ 19.4 $ 19.9 Cranes 19.4 19.2 21.5 MP 7.2 7.3 6.9 Corporate 15.3 20.2 26.0 Total $ 59.7 $ 66.1 $ 74.3 Capital Expenditures AWP $ 28.7 $ 14.1 $ 17.1 Cranes 34.8 15.2 13.2 MP 32.7 6.3 7.5 Corporate 7.6 7.9 20.3 Total $ 103.8 $ 43.5 $ 58.1 Sales between segments are generally priced to recover costs plus a reasonable markup for profit, which is eliminated in consolidation. December 31, 2018 2017 Identifiable Assets AWP $ 1,634.0 $ 1,358.5 Cranes 1,541.0 1,685.7 MP 1,071.3 1,219.5 Corporate and Other / Eliminations (760.4 ) (801.2 ) Total $ 3,485.9 $ 3,462.5 December 31, 2018 2017 Long-lived Assets United States $ 193.5 $ 178.7 United Kingdom 61.4 37.0 Germany 38.2 42.2 Other European countries 18.8 16.6 All other 33.7 36.5 Total $ 345.6 $ 311.0 Long-lived assets consist of net fixed assets, which can be attributed to the specific geographic regions. Geographic Net Sales information is presented below (in millions): Year Ended December 31, 2018 AWP Cranes MP Corporate and Other / Eliminations Total Net Sales by Region North America $ 1,621.4 $ 612.0 $ 518.4 $ 73.8 $ 2,825.6 Western Europe 529.8 266.7 381.8 0.7 1,179.0 Asia-Pacific 256.9 179.9 207.9 1.5 646.2 Rest of World (1) 151.6 256.4 148.7 (82.5 ) 474.2 Total $ 2,559.7 $ 1,315.0 $ 1,256.8 $ (6.5 ) $ 5,125.0 (1) Includes intercompany sales and eliminations . Year Ended December 31, 2017 AWP Cranes MP Corporate and Other / Eliminations Total Net Sales by Region North America $ 1,244.9 $ 501.1 $ 507.0 $ 102.1 $ 2,355.1 Western Europe 404.1 303.8 282.6 18.8 1,009.3 Asia-Pacific 242.6 180.6 160.4 12.2 595.8 Rest of World (1) 179.9 208.5 122.5 (107.7 ) 403.2 Total $ 2,071.5 $ 1,194.0 $ 1,072.5 $ 25.4 $ 4,363.4 (1) Includes intercompany sales and eliminations . Year Ended December 31, 2016 AWP Cranes MP Corporate and Other / Eliminations Total Net Sales by Region North America $ 1,181.2 $ 506.9 $ 464.3 $ 106.3 $ 2,258.7 Western Europe 392.1 362.5 249.1 191.0 1,194.7 Asia-Pacific 239.5 178.0 106.4 31.7 555.6 Rest of World (1) 165.0 227.1 124.7 (82.7 ) 434.1 Total $ 1,977.8 $ 1,274.5 $ 944.5 $ 246.3 $ 4,443.1 (1) Includes intercompany sales and eliminations . The Company attributes sales to unaffiliated customers in different geographical areas based on the location of the customer. Year Ended December 31, 2018 AWP Cranes MP Corporate and Other / Eliminations Total Net Sales by Product Type Aerial Work Platforms $ 2,128.5 $ — $ — $ 3.5 $ 2,132.0 Mobile Cranes — 768.2 — 5.6 773.8 Materials Processing Equipment — — 877.0 0.1 877.1 Other (1) 431.2 546.8 379.8 (15.7 ) 1,342.1 Total $ 2,559.7 $ 1,315.0 $ 1,256.8 $ (6.5 ) $ 5,125.0 (1) Includes other product types, intercompany sales and eliminations. Year Ended December 31, 2017 AWP Cranes MP Corporate and Other / Eliminations Total Net Sales by Product Type Aerial Work Platforms $ 1,718.0 $ — $ — $ 2.7 $ 1,720.7 Mobile Cranes — 691.9 — 2.0 693.9 Materials Processing Equipment — — 726.9 — 726.9 Other (1) 353.5 502.1 345.6 (12.6 ) 1,188.6 Compact Construction Equipment (2) — — — 33.3 33.3 Total $ 2,071.5 $ 1,194.0 $ 1,072.5 $ 25.4 $ 4,363.4 (1) Includes other product types, intercompany sales and eliminations. (2) Remaining Compact Construction product lines divested in 2017. Year Ended December 31, 2016 AWP Cranes MP Corporate and Other / Eliminations Total Net Sales by Product Type Aerial Work Platforms $ 1,635.2 $ — $ — $ 3.3 $ 1,638.5 Mobile Cranes 5.4 746.0 — 1.4 752.8 Materials Processing Equipment — — 640.6 0.2 640.8 Other (1) 328.3 528.5 303.9 (25.0 ) 1,135.7 Compact Construction Equipment (2) 8.9 — — 266.4 275.3 Total $ 1,977.8 $ 1,274.5 $ 944.5 $ 246.3 $ 4,443.1 (1) Includes other product types, intercompany sales and eliminations. (2) Remaining Compact Construction product lines divested in 2017.

INCOME TAXES

INCOME TAXES	12 Months Ended
	Dec. 31, 2018
Income Tax Disclosure [Abstract]
INCOME TAXES	INCOME TAXES The components of income (loss) from continuing operations before income taxes are as follows (in millions): Year Ended December 31, 2018 2017 2016 United States $ (57.0 ) $ (36.3 ) $ (29.9 ) Foreign 205.7 148.3 (240.8 ) Income (loss) from continuing operations before income taxes $ 148.7 $ 112.0 $ (270.7 ) Income (loss) before income taxes including Income (loss) from discontinued operations and Gain (loss) from disposition of discontinued operations attributable to the Company was $150.7 million , $205.4 million and $(242.0) million for the years ended December 31, 2018 , 2017 and 2016 , respectively. The major components of the Company’s provision for (benefit from) income taxes on continuing operations before income taxes are summarized below (in millions): Year Ended December 31, 2018 2017 2016 Current: Federal $ 12.1 $ (14.5 ) $ 31.5 State 1.4 2.0 6.2 Foreign 33.0 26.8 38.2 Current income tax provision (benefit) 46.5 14.3 75.9 Deferred: Federal (15.9 ) 37.4 (27.0 ) State 1.2 (0.5 ) (1.4 ) Foreign 5.6 0.8 (124.9 ) Deferred income tax (benefit) provision (9.1 ) 37.7 (153.3 ) Total provision for (benefit from) income taxes $ 37.4 $ 52.0 $ (77.4 ) The elimination of tax from intercompany transactions is included in current tax expense. Including discontinued operations and disposition of discontinued operations, the total (benefit from) provision for income taxes was $37.0 million , $76.7 million and $(66.5) million for the years ended December 31, 2018 , 2017 and 2016 , respectively. On December 22, 2017, the SEC issued Staff Accounting Bulletin No. 118 (“SAB 118”) to address the application of U.S. GAAP when a SEC registrant does not have the necessary information available, compiled, analyzed, or reviewed in sufficient detail to complete the accounting for certain income tax effects from the 2017 Federal Tax Act. During the fourth quarter of 2017, the Company recorded $29.8 million as a provisional tax charge for the deemed repatriation transition tax and $20.6 million as a provisional tax charge for the re-measurement of its U.S. deferred tax balances. The Company recorded measurement period adjustments during 2018 which did not have material effect on its consolidated financial statements. The 2017 provisional amounts were finalized in the fourth quarter of 2018. Deferred tax assets and liabilities result from differences in the bases of assets and liabilities for tax and financial reporting purposes. The tax effects of the basis differences and loss carry forwards as of December 31, 2018 and 2017 for continuing operations are summarized below for major balance sheet captions (in millions): 2018 2017 Property, plant and equipment $ (4.6 ) $ (8.8 ) Intangibles (5.0 ) (5.7 ) Inventories 10.0 13.9 Accrued warranties and product liability 9.0 7.8 Loss carry forwards 197.2 218.4 Retirement plans 18.1 21.5 Accrued compensation and benefits 34.0 28.9 Other 3.6 21.1 Deferred tax assets valuation allowance (115.4 ) (136.4 ) Net deferred tax assets (liabilities) $ 146.9 $ 160.7 Deferred tax assets were $264.2 million before valuation allowances of $115.4 million , partially offset by deferred tax liabilities of $1.9 million at December 31, 2018 . There were no deferred tax assets or liabilities for discontinued operations at December 31, 2018 and 2017. In January 2018, the FASB released guidance on the accounting for tax on Global Intangible Low-taxed Income (“GILTI”). The guidance indicates that either accounting for deferred taxes related to GILTI or treating any taxes on GILTI as period costs are both acceptable accounting policy elections. Terex elected to treat taxes on GILTI inclusions as period costs. The Company evaluates the net realizable value of its deferred tax assets each reporting period. The Company must consider all objective evidence, both positive and negative, in evaluating the future realization of its deferred tax assets, including tax loss carry forwards. Historical information is supplemented by currently available information about future tax years. Realization of deferred tax assets requires sufficient taxable income of the appropriate character. To the extent estimates of future taxable income decrease or do not materialize, additional valuation allowances may be required. The Company records a valuation allowance for each deferred tax asset for which realization is not assessed as more likely than not. The valuation allowance for deferred tax assets as of December 31, 2018 and 2017 was $115.4 million and $136.4 million , respectively. The net change in the total valuation allowance for the years ended December 31, 2018 and 2017 was a decrease of $21.0 million and a decrease of $12.2 million , respectively. The Company’s Provision for (benefit from) income taxes is different from the amount that would be provided by applying the statutory federal income tax rate to the Company’s Income (loss) from continuing operations before income taxes. The reasons for the difference are summarized as follows (in millions): Year Ended December 31, 2018 2017 2016 Tax at statutory federal income tax rate $ 31.2 $ 39.2 $ (94.7 ) State taxes 2.0 1.0 3.1 Change in valuation allowance (15.0 ) (2.8 ) (47.7 ) Foreign tax differential on income/losses of foreign subsidiaries 5.2 (20.1 ) (37.5 ) U.S. tax on multi-national operations 16.6 11.1 41.9 Tax effect of dispositions — (27.2 ) 2.1 2017 Federal Tax Act 5.5 46.9 (1) — Impairment loss on goodwill and intangible assets — — 52.4 Expired stock awards — 2.4 — Pension plan settlement (9.3 ) — — Other 1.2 1.5 3.0 Total provision for (benefit from) income taxes $ 37.4 $ 52.0 $ (77.4 ) (1) The total impact of the 2017 Federal Tax Act is $50.4 million. Impacts of $1.3 million and $2.1 million are included in State taxes and Change in valuation allowance, respectively. For the year ended December 31, 2016 , the effective tax rate was reduced due to tax expense associated with the disposition of the Company’s MHPS business to Konecranes (the “Disposition”), which changed expectations concerning the indefinite reinvestment of foreign earnings. The Company does not provide for foreign income and withholding, U.S. Federal, or state income taxes or tax benefits on the financial reporting basis over the tax basis of its investments in foreign subsidiaries to the extent such amounts are indefinitely reinvested to support operations and continued growth plans outside the U.S. The Company reviews its plan to indefinitely reinvest on a quarterly basis. In making its decision to indefinitely reinvest, the Company evaluates its plans of reinvestment, its ability to control repatriation and to mobilize funds without triggering basis differences, and the profitability of U.S. operations and their cash requirements and the need, if any, to repatriate funds. If the assessment of the Company with respect to earnings of non-U.S. subsidiaries changes, deferred U.S. income taxes, foreign income taxes, and foreign withholding taxes may have to be accrued. As a result of the 2017 Federal Tax Act, the Company changed its indefinite reinvestment assertion related to foreign earnings that have been taxed in the U.S. and now considers these earnings no longer indefinitely reinvested. The Company has recorded foreign, federal and state tax expense with respect to earnings which have been subject to federal income tax and which are no longer indefinitely reinvested. Any adjustments related to the change of indefinite reinvestment assertion for foreign earnings accumulated as of December 31, 2017 has been included in income from continuing operations as an adjustment to tax expense during the measurement period in 2018. The Company plans to indefinitely reinvest all undistributed foreign earnings in excess of those previously taxed in the U.S. For the year ended December 31, 2018, the Company’s estimate of its remaining unremitted earnings of its foreign subsidiary ownership chains that have positive retained earnings and have not been subject to tax in the U.S. was approximately $53 million . At this time, determination of the unrecognized deferred tax liabilities for temporary differences related to the Company’s investment in non-U.S. subsidiaries is not practicable. For the year ended December 31, 2016 , as a result of the Disposition, the Company repatriated approximately $1 billion of foreign earnings that were previously intended to be permanently reinvested. At December 31, 2018 , the Company has various state net operating loss carry forwards available to reduce future state taxable income and income taxes, the majority of which will expire at various dates through 2038. In addition, the gross amount of the U.S. federal capital loss carryforward is approximately $10 million which expires in 2019. At December 31, 2018 , the Company has approximately $592 million of loss carry forwards, consisting of $261 million in Germany, $171 million in Italy, $56 million in China, $31 million in Spain, and $73 million in other countries, which are available to offset future taxable income. The majority of these tax loss carry forwards are available without expiration. In addition, the gross amount of the Australian capital loss carryforward is $22 million , and it has an unlimited carryforward period. The Company made total net income tax payments including discontinued operations of $52.7 million , $29.0 million and $52.8 million in 2018 , 2017 and 2016 , respectively. At December 31, 2018 and 2017 , Other current assets included net income tax receivable amounts of $13.5 million and $19.4 million , respectively. The Company and its subsidiaries conduct business globally and file income tax returns in U.S. federal, state and foreign jurisdictions, as required. From a tax perspective, major jurisdictions where the Company is often subject to examination by tax authorities include Germany, Italy, the United Kingdom, China, India and the U.S. Currently, various entities of the Company are under audit in Germany, Italy, India, the U.S. and elsewhere. With few exceptions, the statute of limitations for the Company and most of its subsidiaries has expired for tax years prior to 2011. The Company assesses uncertain tax positions for recognition, measurement and effective settlement. Where the Company has determined that its tax return filing position does not satisfy the more likely than not recognition threshold of ASC 740, “Income Taxes,” it has recorded no tax benefits. Where the Company has determined that its tax return filing positions are more likely than not to be sustained, the Company has measured and recorded the largest amount of tax benefit greater than 50% likely to be realized. The Company recognizes accrued interest and penalties, if any, related to income taxes as (Provision for) benefit from income taxes in its Consolidated Statement of Income (Loss). The following table summarizes the activity related to the Company’s total (including discontinued operations) unrecognized tax benefits (in millions). Balance as of January 1, 2016 $ 69.4 Additions for current year tax positions — Additions for prior year tax positions 6.3 Reductions for prior year tax positions (3.1 ) Reductions for current year tax positions — Reductions for expiration of statute of limitations (5.0 ) Settlements (7.8 ) Balance as of December 31, 2016 59.8 Additions for current year tax positions — Additions for prior year tax positions 12.3 Reductions for prior year tax positions (29.9 ) Reductions for current year tax positions — Reductions for expiration of statute of limitations (1.3 ) Settlements (6.8 ) Balance as of December 31, 2017 34.1 Additions for current year tax positions — Additions for prior year tax positions 6.1 Reductions for prior year tax positions (14.8 ) Reductions for current year tax positions — Reductions for expiration of statute of limitations (0.8 ) Settlements (11.1 ) Balance as of December 31, 2018 $ 13.5 As a result of the Disposition, the Company’s ending balance of unrecognized tax benefits for the year ended December 31, 2017 was reduced by $29.2 million . The Company evaluates each reporting period whether it is reasonably possible material changes to its uncertain tax position liability could occur in the next 12 months. Changes may occur as a result of uncertain tax positions being considered effectively settled, re-measured, paid, acquired or divested, as a result of a change in accounting rules, tax law or judicial decision, or due to expiration of the relevant statute of limitations. It is not possible to predict which uncertain tax positions, if any, may be challenged by tax authorities. Timing and impact of income tax audits and their resolution is highly uncertain. New facts, laws, pronouncements and judicial decisions can change assessments concerning technical merit and measurement. The amounts of or periods in which changes to reserves for uncertain tax positions will occur is rarely ascertainable. The Company believes it is reasonably possible the total amount of unrecognized tax benefits disclosed as of December 31, 2018 may decrease approximately $1 million in the year ending December 31, 2019 . Such possible decrease relates to expiration of statutes of limitation. As of December 31, 2018 and 2017 , the Company had $13.5 million and $34.1 million , respectively, of unrecognized tax benefits. Of the $13.5 million at December 31, 2018 , $4.8 million , if recognized, would affect the effective tax rate. As of December 31, 2018 and 2017 , the liability for potential interest and penalties was $0.2 million and $8.5 million , respectively. During the year ended December 31, 2018 , the Company recognized tax benefit of $6.7 million for interest and penalties. During the year ended December 31, 2017 , the Company recognized tax expense of $1.6 million in continuing operations and $(6.0) million in Gain (loss) on disposition of discontinued operations - (net of tax) in the Consolidated Statement of Income (Loss) for interest and penalties.

DISCONTINUED OPERATIONS AND OTH

DISCONTINUED OPERATIONS AND OTHER DIVESTITURES	12 Months Ended
	Dec. 31, 2018
Discontinued Operations and Disposal Groups [Abstract]
DISCONTINUED OPERATIONS AND OTHER DIVESTITURES	DISCONTINUED OPERATIONS AND OTHER DIVESTITURES 2019 Mobile Cranes Divestiture On February 22, 2019, the Company entered into an Asset and Stock Purchase Agreement (the “ASPA”) with Tadano Ltd. (“Tadano”). Pursuant to the ASPA, the Company is selling its Demag ® mobile cranes business to Tadano for an enterprise value of $215 million (the “Transaction”). The consideration is being paid in cash and the cash received will be net of indebtedness. The purchase price is subject to post-closing adjustments based upon the level of net working capital and cash and debt in the Demag ® mobile cranes business at the closing date. The products to be divested are Demag ® all terrain cranes and large lattice boom crawler cranes. The Transaction, which is subject to governmental regulatory approvals and other customary closing conditions, is targeted to close in mid-2019. In addition to selling its Demag ® mobile cranes business, the Company will exit the North American mobile crane product lines manufactured in its Oklahoma City facility. As a result of the Transaction, the Company expects to recognize a pre-tax charge in the range of $100 million , which includes a charge of approximately $55 million attributable to the derecognition of amounts previously recognized in accumulated other comprehensive income, in the first quarter of 2019, which will be subject to post-closing adjustments, to write-down the mobile cranes disposal group to fair value, less costs to sell. The Demag ® mobile cranes business and North American mobile crane product lines constitute a significant part of the Company’s Cranes segment and represent a significant portion of the Company’s revenues, operating income (loss) and assets. Going forward, the Company will manage and report its business in the following segments: (i) AWP and (ii) MP. Prior period reportable segment information will be adjusted in succeeding periods to reflect the realignment of the Company’s operations. MHPS On May 16, 2016, Terex agreed to sell its Material Handling and Port Solutions (“MHPS”) business to Konecranes Plc (“Konecranes”) by entering into a Stock and Asset Purchase Agreement, as amended (the “SAPA”), with Konecranes. As a result, the Company and Konecranes terminated the Business Combination Agreement and Plan of Merger (the “BCA”) announced on August 11, 2015, with no penalties incurred by either party. On January 4, 2017, the Company completed the Disposition, pursuant to the SAPA, effective as of January 1, 2017. In connection with the Disposition, the Company received 19.6 million newly issued Class B shares of Konecranes and approximately $835 million in cash after adjustments for estimated cash, debt and net working capital at closing and the divestiture of Konecranes’ Stahl Crane Systems business, which was undertaken by Konecranes in connection with the Disposition. During the year ended December 31, 2017 , the Company recognized a gain on the Disposition (net of tax) of $65.7 million . The Company sold all shares received in connection with the Disposition for net proceeds of approximately $770 million and recorded a $42.0 million net gain on sale of shares which included a gain of $41.6 million attributable to foreign exchange rate changes during the year ended December 31, 2017. The net gain is recorded as a component of Other income (expense) - net in the Consolidated Statement of Income (Loss). On March 23, 2017, Konecranes declared a dividend of €1.05 per share to holders of record as of March 27, 2017, which was paid on April 4, 2017. During the year ended December 31, 2017 , the Company recognized dividend income of $13.5 million as a component of Other income (expense) - net in the Consolidated Statement of Income (Loss). Loss Contract Related to the Disposition, the Company and Konecranes entered into an agreement for Konecranes to manufacture certain crane products on behalf of the Company for an original period of 12 months, which was subsequently amended for a total of 36 months on October 11, 2017. The Company recorded an expense of $7.9 million related to losses expected to be incurred over the original agreement’s life during the year ended December 31, 2017 . SAPA and BCA Related Expenses Terex incurred transaction costs directly related to the SAPA of $14.2 million for the year ended December 31, 2016 , which amounts are recorded in Income (loss) from discontinued operations - net of tax in the Consolidated Statement of Income (Loss). The Company incurred transaction costs directly related to the BCA of $14.0 million for the year ended December 31, 2016 which is recorded in Other income (expense) - net in the Consolidated Statement of Income (Loss). Income (loss) from discontinued operations The following amounts related to the discontinued operations of MHPS were derived from historical financial information and have been segregated from continuing operations and reported as discontinued operations in the Consolidated Statement of Income (Loss) (in millions): Year ended December 31, 2016 Net sales $ 1,398.2 Cost of sales (1,090.3 ) Selling, general and administrative expenses (266.8 ) Goodwill and intangible asset impairments (3.1 ) Net interest (expense) (2.3 ) Other income (expense) (11.5 ) Income (loss) from discontinued operations before income taxes 24.2 (Provision for) benefit from income taxes (9.9 ) Income (loss) from discontinued operations – net of tax 14.3 Net loss (income) attributable to noncontrolling interest (0.9 ) Income (loss) from discontinued operations - net of tax attributable to Terex Corporation $ 13.4 As a result of impairment tests performed in 2016 for indefinite-lived tradenames in the MHPS business, the Company recorded non-cash impairment charges of approximately $3 million during the year ended December 31, 2016. Other Divestitures Cranes As part of the transformation and improvement of its Cranes segment, the Company is actively seeking a buyer for its utility hot lines tools business located in South America and, accordingly, assets and liabilities have been reported as held for sale since management made its decision in December 2016, at which time the Company recorded a non-cash impairment charge of $1.6 million to adjust net asset value to estimated fair value. Additional non-cash impairment charges of $6.7 million and $1.8 million were recorded to adjust net asset value to estimated fair value in 2017 and 2018, respectively. In August 2017, the Company entered into an agreement to sell its cranes manufacturing facility in Jinan, China. The sale was completed during the third quarter of 2017 and the Company recorded a gain on sale of $5.7 million in its Corporate and Other category as a component of Selling, general and administrative expenses (“SG&A”) in the Consolidated Statement of Income (Loss). Construction In December 2016, the Company entered into an agreement to sell its Coventry, U.K.-based compact construction business and recorded a non-cash impairment charge of $3.5 million to adjust the net asset value of these construction product lines to estimated fair value. During the year ended December 31, 2017 , the Company completed the sale of Coventry, U.K.-based compact construction business and remaining U.K.-based compact construction product lines and recognized a loss of $1.2 million within SG&A in the Consolidated Statement of Income (Loss) related to the sale. In March 2017, the Company signed a sale agreement with a buyer to sell its Indian compact construction business. The Company completed the sale during the year ended December 31, 2017 and a loss of $1.6 million was recognized within SG&A related to the sale. The operating results for these construction product lines are reported in continuing operations, within the Corporate and Other category in the Company’s segment disclosures. During the year ended December 31, 2016, the Company sold certain portions of its former Construction segment, including the following products: midi/mini excavators, wheeled excavators, compact wheel loaders, and components, primarily in Europe. The Company recognized a loss of $8.1 million ( $5.6 million after-tax) related to sale of its components assets, of which $4.0 million was recorded in COGS and $4.1 million was recorded in SG&A in the Consolidated Statement of Income (Loss). The Company received total proceeds of approximately $60 million and recognized a gain of $7.2 million ( $3.3 million after-tax) within SG&A related to sale of its midi/mini excavators, wheeled excavators, and compact wheel loader business shares and assets. During the year ended December 31, 2017 , the Company recognized a gain of $5.8 million within SG&A resulting from a post-closing adjustment related to the 2016 sale of its midi/mini excavators, wheeled excavators, and compact wheel loader business in Germany. The operating results for these construction product lines are reported in continuing operations, within the Corporate and Other category in the Company’s segment disclosures. The following table provides supplemental cash flow information related to discontinued operations (in millions): Year Ended December 31, 2016 Non-cash operating items: Depreciation and amortization $ 22.4 Deferred taxes $ 15.8 Asset impairments $ 3.0 Investing activities: Capital expenditures $ (14.9 ) Gain (Loss) on Disposition of Discontinued Operations Year Ended December 31, 2018 2017 2016 MHPS Atlas Other Total MHPS Atlas Total Atlas Gain (loss) on disposition of discontinued operations $ (1.2 ) $ 3.2 $ — $ 2.0 $ 89.9 $ 3.5 $ 93.4 $ 4.5 (Provision for) benefit from income taxes (1.9 ) (0.5 ) 2.8 0.4 (24.2 ) (0.5 ) (24.7 ) (1.0 ) Gain (loss) on disposition of discontinued operations – net of tax $ (3.1 ) $ 2.7 $ 2.8 $ 2.4 $ 65.7 $ 3.0 $ 68.7 $ 3.5

EARNINGS PER SHARE

EARNINGS PER SHARE	12 Months Ended
	Dec. 31, 2018
Earnings Per Share [Abstract]
EARNINGS PER SHARE	EARNINGS PER SHARE For the year ended December 31, (in millions, except per share data) 2018 2017 2016 Income (loss) from continuing operations attributable to Terex Corporation common stockholders $ 111.3 $ 60.0 $ (193.0 ) Income (loss) from discontinued operations-net of tax — — 13.4 Gain (loss) on disposition of discontinued operations-net of tax 2.4 68.7 3.5 Net income (loss) attributable to Terex Corporation $ 113.7 $ 128.7 $ (176.1 ) Basic shares: Weighted average shares outstanding 75.4 92.8 107.9 Earnings (loss) per share - basic: Income (loss) from continuing operations $ 1.48 $ 0.65 $ (1.79 ) Income (loss) from discontinued operations-net of tax — — 0.13 Gain (loss) on disposition of discontinued operations-net of tax 0.03 0.74 0.03 Net income (loss) attributable to Terex Corporation $ 1.51 $ 1.39 $ (1.63 ) Diluted shares: Weighted average shares outstanding - basic 75.4 92.8 107.9 Effect of dilutive securities: Restricted stock awards 1.5 2.1 — Diluted weighted average shares outstanding 76.9 94.9 107.9 Earnings (loss) per share - diluted: Income (loss) from continuing operations $ 1.45 $ 0.63 $ (1.79 ) Income (loss) from discontinued operations-net of tax — — 0.13 Gain (loss) on disposition of discontinued operations-net of tax 0.03 0.73 0.03 Net income (loss) attributable to Terex Corporation $ 1.48 $ 1.36 $ (1.63 ) The following table provides information to reconcile amounts reported on the Consolidated Statement of Income (Loss) to amounts used to calculate earnings per share attributable to Terex Corporation common stockholders (in millions) for the year ended December 31: Reconciliation of amounts attributable to common stockholders: 2018 2017 2016 Income (loss) from continuing operations $ 111.3 $ 60.0 $ (193.3 ) Net loss (income) from continuing operations attributable to noncontrolling interest — — 0.3 Income (loss) from continuing operations attributable to common stockholders $ 111.3 $ 60.0 $ (193.0 ) Non-vested restricted stock awards granted by the Company are treated as potential common shares outstanding in computing diluted earnings per share using the treasury stock method. Weighted average restricted stock awards of approximately 0.2 million , and 1.5 million were outstanding during the year ended December 31, 2018 and 2016, respectively, but were not included in the computation of diluted shares as the effect would be anti-dilutive or performance targets were not expected to be achieved for awards contingent upon performance. In 2017, these awards were not material.

FINANCE RECEIVABLES

FINANCE RECEIVABLES	12 Months Ended
	Dec. 31, 2018
Receivables [Abstract]
FINANCE RECEIVABLES	FINANCE RECEIVABLES The Company, primarily through TFS, leases equipment and provides financing to customers for the purchase and use of Terex equipment. In the normal course of business, TFS assesses credit risk, establishes structure and pricing of financing transactions, documents the finance receivable, and records and funds the transactions. The Company bills and collects cash from the end customer. The Company primarily conducts on-book business in the U.S., with limited business in China, Germany and Italy. The Company does business with various types of customers consisting of rental houses, end user customers and Terex equipment dealers. The Company’s net finance receivable balances include both sales-type leases and commercial loans. Finance receivables that management intends to hold until maturity are stated at their outstanding unpaid principal balances, net of an allowance for loan losses as well as any deferred fees and costs. Finance receivables originated and intended for sale in the secondary market are carried at the lower of cost or estimated fair value, on an individual asset basis. During the years ended December 31, 2018 , 2017 and 2016 , the Company transferred finance receivables of $290.5 million , $266.6 million and $290.5 million , respectively, to third party financial institutions, which qualified for sales treatment under ASC 860. During the years ended December 31, 2018 , 2017 and 2016 , the Company recorded gains on transferred finance receivables of $3.3 million , $11.3 million , and $2.5 million , respectively, which were recorded as sales by TFS and were reported in the Corporate and Other category. At December 31, 2018 and 2017 , the Company had $19.2 million and $26.0 million , respectively, of held for sale finance receivables recorded in Prepaid and other current assets in the Consolidated Balance Sheet. Revenue attributable to finance receivables management intends to hold until maturity is recognized on the accrual basis using the effective interest method. The Company bills customers and accrues interest income monthly on the unpaid principal balance. The accrual of interest is generally discontinued when the contractual payment of principal or interest has become 90 days past due or management has significant doubts about further collectability of contractual payments, even though the loan may be currently performing. A receivable may remain on accrual status if it is in the process of collection and is either guaranteed or secured. Interest received on non-accrual finance receivables is typically applied against principal. Finance receivables are generally restored to accrual status when the obligation is brought current and the borrower has performed in accordance with the contractual terms for a reasonable period of time and the ultimate collectability of the total contractual principal and interest is no longer in doubt. The Company has a history of enforcing the terms of these separate financing agreements. Finance receivables, net consisted of the following (in millions): December 31, December 31, Commercial loans $ 154.1 $ 174.7 Sales-type leases 46.6 32.0 Total finance receivables, gross 200.7 206.7 Allowance for credit losses (5.5 ) (6.6 ) Total finance receivables, net $ 195.2 $ 200.1 Approximately $72 million and $85 million of finance receivables are recorded in Prepaid and other current assets and approximately $123 million and $116 million are recorded in Other assets in the Consolidated Balance Sheet at December 31, 2018 and 2017 , respectively. Credit losses are charged against the allowance for credit losses when management ceases active collection efforts. Subsequent recoveries, if any, are credited to earnings. The allowance for credit losses is maintained at a level set by management which represents evaluation of known and inherent risks in the portfolio at the consolidated balance sheet date. Management’s periodic evaluation of the adequacy of the allowance is based on the Company’s past loan loss experience, market-based loss experience, specific customer situations, estimated value of any underlying collateral, current economic conditions, and other relevant factors. This evaluation is inherently subjective, since it requires estimates that may be susceptible to significant change. Although specific and general loss allowances are established in accordance with management’s best estimate, actual losses are dependent upon future events and, as such, further additions to or decreases from the level of loss allowances may be necessary. The following table presents an analysis of the allowance for credit losses (in millions): Year Ended December 31, 2018 Year Ended December 31, 2017 Year Ended December 31, 2016 Commercial Loans Sales-Type Leases Total Commercial Loans Sales-Type Leases Total Commercial Loans Sales-Type Leases Total Balance, beginning of period $ 5.7 $ 0.9 $ 6.6 $ 5.9 $ 0.4 $ 6.3 $ 6.5 $ 0.8 $ 7.3 Provision for credit losses (0.5 ) 0.6 0.1 0.2 0.5 0.7 0.2 (0.2 ) — Charge offs (1.1 ) — (1.1 ) (0.4 ) — (0.4 ) (0.8 ) (0.2 ) (1.0 ) Recoveries (0.1 ) — (0.1 ) — — — — — — Balance, end of period $ 4.0 $ 1.5 $ 5.5 $ 5.7 $ 0.9 $ 6.6 $ 5.9 $ 0.4 $ 6.3 The Company utilizes a two tier approach to set allowances: (1) identification of impaired finance receivables and establishment of specific loss allowances on such receivables; and (2) establishment of general loss allowances on the remainder of its portfolio. Specific loss allowances are established based on circumstances and factors of specific receivables. The Company regularly reviews the portfolio which allows for early identification of potentially impaired receivables. The process takes into consideration, among other things, delinquency status, type of collateral and other factors specific to the borrower. General loss allowance levels are determined based upon a combination of factors including, but not limited to, TFS experience, general market loss experience, performance of the portfolio, current economic conditions, and management's judgment. The two primary risk characteristics inherent in the portfolio are (1) the customer's ability to meet contractual payment terms, and (2) the liquidation values of the underlying primary and secondary collaterals. The Company records a general or unallocated loss allowance that is calculated by applying the reserve rate to its portfolio, including the unreserved balance of accounts that have been specifically reserved. All delinquent accounts are reviewed for potential impairment. A receivable is deemed to be impaired when based on current information and events, it is probable that the Company will be unable to collect all amounts due according to the contractual terms of the loan agreement. Amount of impairment is measured as the difference between the balance outstanding and underlying collateral value of equipment being financed, as well as any other collateral. All finance receivables identified as impaired are evaluated individually. Generally, the Company does not change terms and conditions of existing finance receivables. The following table presents individually impaired finance receivables (in millions): December 31, 2018 December 31, 2017 Commercial Loans Sales-Type Leases Total Commercial Loans Sales-Type Leases Total Recorded investment $ 1.5 $ — $ 1.5 $ 6.0 $ — $ 6.0 Related allowance 0.6 — 0.6 2.4 — 2.4 Average recorded investment 2.4 — 2.4 3.7 — 3.7 The average recorded investment at December 31, 2016 for impaired finance receivables was $1.7 million for commercial loans, which were fully reserved, and $0.9 million for sales-type leases, which were fully reserved. The allowance for credit losses and finance receivables by portfolio, segregated by those amounts that are individually evaluated for impairment and those that are collectively evaluated for impairment, was as follows (in millions): December 31, 2018 December 31, 2017 Allowance for credit losses, ending balance: Commercial Loans Sales-Type Leases Total Commercial Loans Sales-Type Leases Total Individually evaluated for impairment $ 0.6 $ — $ 0.6 $ 2.4 $ — $ 2.4 Collectively evaluated for impairment 3.4 1.5 4.9 3.3 0.9 4.2 Total allowance for credit losses $ 4.0 $ 1.5 $ 5.5 $ 5.7 $ 0.9 $ 6.6 Finance receivables, ending balance: Individually evaluated for impairment $ 1.5 $ — $ 1.5 $ 6.0 $ — $ 6.0 Collectively evaluated for impairment 152.6 46.6 199.2 168.7 32.0 200.7 Total finance receivables $ 154.1 $ 46.6 $ 200.7 $ 174.7 $ 32.0 $ 206.7 Accounts are considered delinquent when the billed periodic payments of the finance receivables exceed 30 days past the due date. The following tables present analysis of aging of recorded investment in finance receivables (in millions): December 31, 2018 Current 31-60 days past due 61-90 days past due Greater than 90 days past due Total past due Total Finance Receivables Commercial loans $ 151.6 $ 0.1 $ — $ 2.4 $ 2.5 $ 154.1 Sales-type leases 46.4 0.2 — — 0.2 46.6 Total finance receivables $ 198.0 $ 0.3 $ — $ 2.4 $ 2.7 $ 200.7 December 31, 2017 Current 31-60 days past due 61-90 days past due Greater than 90 days past due Total past due Total Finance Receivables Commercial loans $ 168.7 $ 2.1 $ — $ 3.9 $ 6.0 $ 174.7 Sales-type leases 32.0 — — — — 32.0 Total finance receivables $ 200.7 $ 2.1 $ — $ 3.9 $ 6.0 $ 206.7 Commercial loans in the amount of $6.0 million and $10.5 million were on non-accrual status as of December 31, 2018 and 2017 , respectively. There were no sales-type leases on non-accrual status as of December 31, 2018 and 2017 . Credit Quality Information Credit quality is reviewed periodically based on customers’ payment status. In addition to delinquency status, any information received regarding a customer (such as bankruptcy filings, etc.) will also be considered to determine the credit quality of the customer. Collateral asset values are also monitored regularly to determine the potential loss exposures on any given transaction. The Company uses the following internal credit quality indicators, based on an internal risk rating system, using certain external credit data, listed from the lowest level of risk to highest level of risk. The internal rating system considers factors affecting specific borrowers’ ability to repay. Finance receivables by risk rating (in millions): Rating December 31, 2018 December 31, 2017 Superior $ 8.4 $ 3.3 Above Average 32.3 31.8 Average 45.1 73.1 Below Average 104.7 79.6 Sub Standard 10.2 18.9 Total $ 200.7 $ 206.7 The Company believes the finance receivables retained, net of allowance for credit losses, are collectible.

INVENTORIES

INVENTORIES	12 Months Ended
	Dec. 31, 2018
Inventory Disclosure [Abstract]
INVENTORIES	INVENTORIES Inventories consist of the following (in millions): December 31, 2018 2017 Finished equipment $ 532.7 $ 419.6 Replacement parts 173.3 163.3 Work-in-process 197.5 165.6 Raw materials and supplies 308.5 221.1 Inventories $ 1,212.0 $ 969.6 Reserves for lower of cost or NRV and excess and obsolete inventory were $78.8 million and $85.8 million at December 31, 2018 and 2017 , respectively.

PROPERTY, PLANT AND EQUIPMENT

PROPERTY, PLANT AND EQUIPMENT	12 Months Ended
	Dec. 31, 2018
Property, Plant and Equipment [Abstract]
PROPERTY, PLANT AND EQUIPMENT	PROPERTY, PLANT AND EQUIPMENT Property, plant and equipment – net consist of the following (in millions): December 31, 2018 2017 Property $ 48.2 $ 43.3 Plant 176.4 144.7 Equipment 489.0 479.3 Property, plant and equipment – gross 713.6 667.3 Less: Accumulated depreciation (368.0 ) (356.3 ) Property, plant and equipment – net $ 345.6 $ 311.0 Depreciation expense for the years ended December 31, 2018 , 2017 and 2016 , was $53.3 million , $59.9 million and $65.5 million , respectively.

EQUIPMENT SUBJECT TO OPERATING

EQUIPMENT SUBJECT TO OPERATING LEASES	12 Months Ended
	Dec. 31, 2018
Property Subject to or Available for Operating Lease, Net [Abstract]
EQUIPMENT SUBJECT TO OPERATING LEASES	EQUIPMENT SUBJECT TO OPERATING LEASES Operating leases arise from leasing the Company’s products to customers. Initial non-cancellable lease terms typically range up to 90 months. The net book value of equipment subject to operating leases was approximately $26 million and $52 million (net of accumulated depreciation of approximately $12 million and $19 million ) at December 31, 2018 and 2017 , respectively, and is included in Other assets on the Company’s Consolidated Balance Sheet. The equipment is depreciated on a straight-line basis over its estimated useful life. Future minimum lease payments to be received under non-cancellable operating leases with lease terms in excess of one year are as follows (in millions): Years ending December 31, 2019 $ 3.9 2020 1.4 2021 0.9 2022 0.4 2023 0.1 $ 6.7 The Company received approximately $9 million and $16 million of rental income from assets under operating leases during 2018 and 2017 , respectively, none of which represented contingent rental payments.

GOODWILL AND INTANGIBLE ASSETS,

GOODWILL AND INTANGIBLE ASSETS, NET	12 Months Ended
	Dec. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract]
GOODWILL AND INTANGIBLE ASSETS, NET	GOODWILL AND INTANGIBLE ASSETS, NET An analysis of changes in the Company’s goodwill by business segment is as follows (in millions): AWP Cranes MP Total Balance at December 31, 2016, gross $ 137.7 $ 179.3 $ 183.8 $ 500.8 Accumulated impairment (38.6 ) (179.3 ) (23.2 ) (241.1 ) Balance at December 31, 2016, net 99.1 — 160.6 259.7 Foreign exchange effect and other 2.5 — 11.4 13.9 Balance at December 31, 2017, gross 140.2 179.3 195.2 514.7 Accumulated impairment (38.6 ) (179.3 ) (23.2 ) (241.1 ) Balance at December 31, 2017, net 101.6 — 172.0 273.6 Foreign exchange effect and other (1.0 ) — (7.4 ) (8.4 ) Balance at December 31, 2018, gross 139.2 179.3 187.8 506.3 Accumulated impairment (38.6 ) (179.3 ) (23.2 ) (241.1 ) Balance at December 31, 2018, net $ 100.6 $ — $ 164.6 $ 265.2 Intangible assets, net were comprised of the following as of December 31, 2018 and 2017 (in millions): December 31, 2018 December 31, 2017 Weighted Average Life Gross Carrying Amount Accumulated Amortization Net Carrying Amount Gross Carrying Amount Accumulated Amortization Net Carrying Amount Definite-lived intangible assets: Technology 7 $ 19.7 $ (17.3 ) $ 2.4 $ 18.8 $ (17.8 ) $ 1.0 Customer Relationships 20 32.6 (28.7 ) 3.9 33.2 (28.3 ) 4.9 Land Use Rights 81 4.4 (0.6 ) 3.8 4.8 (0.6 ) 4.2 Other 8 26.3 (23.2 ) 3.1 26.5 (22.8 ) 3.7 Total definite-lived intangible assets $ 83.0 $ (69.8 ) $ 13.2 $ 83.3 $ (69.5 ) $ 13.8 For the Year Ended December 31, (in millions) 2018 2017 2016 Aggregate Amortization Expense $ 2.0 $ 2.0 $ 2.9 Estimated aggregate intangible asset amortization expense (in millions) for each of the next five years is as follows: 2019 $ 1.8 2020 $ 1.8 2021 $ 1.7 2022 $ 1.4 2023 $ 0.9

DERIVATIVE FINANCIAL INSTRUMENT

DERIVATIVE FINANCIAL INSTRUMENTS	12 Months Ended
	Dec. 31, 2018
Derivative Instruments and Hedging Activities Disclosure [Abstract]
DERIVATIVE FINANCIAL INSTRUMENTS	DERIVATIVE FINANCIAL INSTRUMENTS The Company operates internationally, with manufacturing and sales facilities in various locations around the world. In the normal course of business, the Company primarily uses cash flow derivatives to manage foreign currency and price risk exposures on third party and intercompany forecasted transactions. For a derivative to qualify for hedge accounting treatment at inception and throughout the hedge period, the Company formally documents the nature and relationships between hedging instruments and hedged items, as well as its risk-management objectives and strategies for undertaking various hedge transactions, and method of assessing hedge effectiveness. Additionally, for hedges of forecasted transactions, significant characteristics and expected terms of a forecasted transaction must be specifically identified, and it must be probable that each forecasted transaction will occur. If it is deemed probable the forecasted transaction will not occur, then the gain or loss would be recognized in current earnings. Financial instruments qualifying for hedge accounting must maintain a specified level of effectiveness between the hedging instrument and the item being hedged. The Company does not engage in trading or other speculative use of financial instruments. The Company records all derivative contracts at fair value on a recurring basis. The Company’s derivative financial instruments are categorized under the ASC 820 hierarchy, see Note A - “Basis of Presentation,” for an explanation of the hierarchy. Foreign Exchange Contracts The Company enters into foreign exchange contracts to manage variability of future cash flows associated with recognized assets or liabilities or forecasted transactions due to changing currency exchange rates. Primary currencies to which the Company is exposed are the Euro, British Pound and Australian Dollar. These foreign exchange contracts are designated as cash flow hedging instruments. Fair values of these contracts are derived using quoted forward foreign exchange prices to interpolate values of outstanding trades at the reporting date based on their maturities. Most of the foreign exchange contracts outstanding as of December 31, 2018 mature on or before December 31, 2019. At December 31, 2018 and 2017 , the Company had $394.0 million and $313.4 million notional amount, respectively, of foreign exchange contracts outstanding that were designated as cash flow hedge contracts. For effective hedging instruments, unrealized gains and losses associated with foreign exchange contracts are deferred as a component of Accumulated other comprehensive income (loss) (“AOCI”) until the underlying hedged transactions settle and are reclassified to COGS in the Company’s Consolidated Statement of Income (Loss). Certain foreign exchange contracts entered into by the Company have not been designated as hedging instruments to mitigate its exposure to changes in foreign currency exchange rates on third party forecasted transactions and recognized assets and liabilities. The Company had $107.8 million and $113.2 million notional amount of foreign exchange contracts outstanding that were not designated as hedging instruments at December 31, 2018 and 2017 , respectively. The majority of gains and losses recognized from foreign exchange contracts not designated as hedging instruments were offset by changes in the underlying hedged items, resulting in no material net impact on earnings. Changes in the fair value of these derivative financial instruments were recognized as gains or losses in Other income (expense) – net in the Consolidated Statement of Income (Loss). Other Other derivatives designated as cash flow hedging instruments include cross currency and commodity swaps with outstanding notional amounts of $45.9 million and $11.2 million , respectively, as of December 31, 2018. The outstanding notional amount of cross currency swaps was $48.0 million as of December 31, 2017. The Company uses cross currency swaps to mitigate its exposure to changes in foreign currency exchange rates and commodity swaps to mitigate price risk for hot rolled coil steel. Fair values of cross currency swaps are based on the present value of future cash payments and receipts. Fair values of commodity swaps are based on observable market data for similar assets and liabilities. Changes in the fair value of cross currency and commodity swaps are deferred in AOCI. Gains or losses on cross currency swaps are reclassified to Other income (expense) - net in the Consolidated Statement of Income (Loss) when the underlying hedged item is re-measured. Gains or losses on interest rate and commodity swaps are reclassified to COGS in the Consolidated Statement of Income (Loss) when the hedged transaction affects earnings. Other derivatives not designated as hedging instruments include a debt conversion feature on a convertible promissory note held by the Company for which changes in fair value are recorded in Other income (expense) - net in the Consolidated Statement of Income (Loss). The following table provides the location and fair value amounts of derivative instruments designated and not designated as hedging instruments that are reported in the Consolidated Balance Sheet (in millions): December 31, December 31, Instrument (1) Balance Sheet Account Derivatives designated as hedges Derivatives not designated as hedges Derivatives designated as hedges Derivatives not designated as hedges Foreign exchange contracts Other current assets $ 3.0 $ 0.2 $ 5.8 $ 0.3 Cross currency swaps Other current assets 0.8 — 0.7 — Debt conversion feature Other assets — 0.5 — 1.5 Foreign exchange contracts Other current liabilities $ (5.7 ) $ — $ (1.6 ) $ — Commodity swaps Other current liabilities (1.1 ) — — — Cross currency swaps Other non-current liabilities (3.0 ) — (5.3 ) — Net derivative asset (liability) $ (6.0 ) $ 0.7 $ (0.4 ) $ 1.8 (1) Categorized as Level 2 under the ASC 820 Fair Value Hierarchy. The following tables provide the effect of derivative instruments that are designated as hedges in AOCI (in millions): Gain (Loss) Recognized on Derivatives in OCI, net of tax Gain (Loss) Reclassified from AOCI into Income Instrument Year Ended December 31, 2018 Income Statement Account Year Ended December 31, 2018 Foreign exchange contracts $ (5.4 ) Cost of goods sold $ (2.6 ) Commodity swaps (1.2 ) Cost of goods sold (0.2 ) Cross currency swaps 0.1 Other income (expense) - net 2.1 Total $ (6.5 ) Total $ (0.7 ) Gain (Loss) Recognized on Derivatives in OCI, net of tax: Year Ended December 31, Instrument 2017 2016 Foreign exchange contracts $ 5.4 $ (4.5 ) Cross currency swaps (0.9 ) — Interest rate swap — (0.2 ) Total $ 4.5 $ (4.7 ) Gain (Loss) Reclassified from AOCI into Income (Loss) (Effective): Year Ended December 31, Income Statement Account 2017 2016 Cost of goods sold $ 2.4 $ (2.0 ) Other income (expense) – net (3.1 ) — Total $ (0.7 ) $ (2.0 ) The following tables provide the effect of derivative instruments that are designated as hedges in the Consolidated Statement of Income (Loss) (in millions): Classification and amount of Gain or Loss Recognized in Income Cost of goods sold Other income (expense) - net Year Ended December 31, 2018 Income Statement Accounts in which effects of cash flow hedges are recorded $ (4,158.2 ) $ (79.7 ) Gain (Loss) Reclassified from AOCI into Income (Loss): Foreign exchange contracts (2.6 ) — Commodity swaps (0.2 ) — Cross currency swaps — 2.1 Total $ (2.8 ) $ 2.1 Gain (Loss) Recognized on Derivatives (Ineffective) in Income (Loss): Year Ended December 31, Income Statement Account 2017 2016 Cost of goods sold $ 2.1 $ 1.0 Other income (expense) – net (0.1 ) — Total $ 2.0 $ 1.0 Derivatives not designated as hedges are used to offset foreign exchange gains or losses resulting from the underlying exposures of foreign currency denominated assets and liabilities. The following table provides the effect of non-designated derivatives outstanding at the end of the period in the Consolidated Statements of Income (Loss) and Comprehensive Income (Loss) (in millions): Year Ended December 31, Instrument Income Statement Account 2018 2017 2016 Foreign exchange contracts Other income (expense) – net $ (0.1 ) $ (1.1 ) $ 0.9 Debt conversion feature Other income (expense) – net $ (0.9 ) $ 0.4 $ — Total $ (1.0 ) $ (0.7 ) $ 0.9 In the Consolidated Statement of Income (Loss), the Company records hedging activity related to foreign exchange contracts, cross currency and commodity swaps, and the debt conversion feature in the accounts for which the hedged items are recorded. On the Consolidated Statement of Cash Flows, the Company presents cash flows from hedging activities in the same manner as it records the underlying item being hedged. Counterparties to the Company’s derivative financial instruments are major financial institutions and commodity trading companies with credit ratings of investment grade or better and no collateral is required. There are no significant risk concentrations. Management continues to monitor counterparty risk and believes the risk of incurring losses on derivative contracts related to credit risk is unlikely and any losses would be immaterial. See Note P - “Stockholders’ Equity” for unrealized net gains (losses), net of tax, included in AOCI. Within the unrealized net gains (losses) included in AOCI as of December 31, 2018 , it is estimated that $2.7 million of losses are expected to be reclassified into earnings in the next twelve months.

RESTRUCTURING AND OTHER CHARGES

RESTRUCTURING AND OTHER CHARGES	12 Months Ended
	Dec. 31, 2018
Restructuring and Related Activities [Abstract]
RESTRUCTURING AND OTHER CHARGES	RESTRUCTURING AND OTHER CHARGES The Company continually evaluates its cost structure to be appropriately positioned to respond to changing market conditions. From time to time, the Company may initiate certain restructuring programs to better utilize its workforce and optimize facility utilization to match demand for its products. Restructuring During 2016, the Company established restructuring programs in its Cranes segment to transfer production between existing facilities and close certain facilities in order to maximize labor efficiencies and reduce overhead costs. The programs are expected to cost $57.6 million , result in the reduction of approximately 550 team members and be completed in 2020. The following table provides information for all restructuring activities by segment regarding the amount of expense (income) incurred during the year ended December 31, 2018 , the cumulative amount of expenses incurred since inception of the programs through December 31, 2018 , and the total amount expected to be incurred (in millions): Amount incurred during the year ended December 31, 2018 Cumulative amount incurred through December 31, 2018 Total amount expected to be incurred AWP $ — $ 0.2 $ 0.2 Cranes (3.5 ) 57.6 57.6 MP — 0.1 0.1 Corporate and Other 1.0 3.1 3.1 Total $ (2.5 ) $ 61.0 $ 61.0 The following table provides information by type of restructuring activity with respect to the amount of expense (income) incurred during the year ended December 31, 2018 , the cumulative amount of expenses incurred since inception of the programs through December 31, 2018 , and the total amount expected to be incurred (in millions): Employee Termination Costs Facility Exit Costs Asset Disposal and Other Costs Total Amount incurred during the year ended December 31, 2018 $ (4.7 ) $ 2.2 $ — $ (2.5 ) Cumulative amount incurred through December 31, 2018 $ 40.9 $ 7.3 $ 12.8 $ 61.0 Total amount expected to be incurred $ 40.9 $ 7.3 $ 12.8 $ 61.0 During the years ended December 31, 2018 , 2017 and 2016 , $(2.0) million , $(5.9) million and $42.6 million , respectively, of restructuring charges (reductions) were included in COGS. During the years ended December 31, 2018 , 2017 and 2016 , $(0.5) million , $(3.3) million and $20.8 million , respectively, of restructuring charges (reductions) were included in SG&A. There were $17.7 million of asset impairments included in restructuring costs, recorded in SG&A, for the year ended December 31, 2016. During the years ended December 31, 2018 and 2017, asset impairments included in restructuring costs were not material. The following table provides a roll forward of the restructuring reserve by type of restructuring activity for the year ended December 31, 2018 (in millions): Employee Termination Costs Restructuring reserve at December 31, 2017 $ 29.7 Restructuring reserve increase (decrease) (4.7 ) Cash expenditures (11.2 ) Foreign exchange (0.6 ) Restructuring reserve at December 31, 2018 $ 13.2 Other Charges During the year ended December 31, 2018 , the Company recorded $1.0 million and $3.3 million as components of COGS and SG&A, respectively, for severance charges across all segments and corporate functions. During the year ended December 31, 2017, the Company recorded reductions of $(17.7) million to COGS, primarily due to the decrease in severance accruals for the Cranes segment established in the fourth quarter of 2016 as production volumes were expected to exceed earlier forecasts requiring us to maintain a higher headcount. During the year ended December 31, 2017, the Company recorded $6.1 million as a component of SG&A for severance charges across all segments and corporate functions. During the year ended December 31, 2016, the Company recorded $21.1 million and $12.7 million as a component of COGS and SG&A, respectively, for severance charges across all segments and corporate functions.

LONG-TERM OBLIGATIONS

LONG-TERM OBLIGATIONS	12 Months Ended
	Dec. 31, 2018
Debt Disclosure [Abstract]
LONG-TERM OBLIGATIONS	LONG-TERM OBLIGATIONS Long-term debt is summarized as follows (in millions): December 31, 2018 2017 5-5/8% Senior Notes due February 1, 2025, net of unamortized debt issuance costs of $8.9 and $10.4, respectively $ 591.1 $ 589.6 2017 Credit Agreement – term debt due January 31, 2024, net of unamortized debt issuance costs of $5.0 and $6.1, respectively 386.4 389.0 2017 Credit Agreement – revolver 237.0 — Capital lease obligations 2.7 3.1 Other 2.2 3.1 Total debt 1,219.4 984.8 Less: Notes payable and current portion of long-term debt (4.7 ) (5.2 ) Long-term debt, less current portion $ 1,214.7 $ 979.6 2017 Credit Agreement On January 31, 2017, the Company entered into a new credit agreement (as amended, the “2017 Credit Agreement”) with the lenders and issuing banks party thereto and Credit Suisse AG, Cayman Islands Branch (“CSAG”), as administrative agent and collateral agent. The 2017 Credit Agreement includes a revolving line of credit as further described below and a $400 million senior secured term loan (the “Term Loan”), which will mature on January 31, 2024. In connection with the 2017 Credit Agreement, the Company terminated its 2014 Credit Agreement (as defined below), among the Company and certain of its subsidiaries, the lenders thereunder and CSAG, as administrative agent and collateral agent, and related agreements and documents. On August 17, 2017, the Company entered into an Incremental Assumption Agreement and Amendment No. 1 to the 2017 Credit Agreement which lowered the interest rate on the Company’s Term Loan by 25 basis points. On February 28, 2018, the Company entered into an Incremental Assumption Agreement and Amendment No. 2 (“Amendment No. 2”) to the 2017 Credit Agreement which lowered the interest rate on the Company’s Term Loan by an additional 25 basis points. The Term Loan portion of the 2017 Credit Agreement bears interest at a rate of London Interbank Offered Rate (“LIBOR”) plus 2.00% with a 0.75% LIBOR floor. On April 10, 2018, the Company entered into an Incremental Revolving Credit Assumption Agreement to the 2017 Credit Agreement which increased the size of the revolving line of credit from $450 million to $600 million available through January 31, 2022. The 2017 Credit Agreement allows unlimited incremental commitments, which may be extended at the option of the existing or new lenders and can be in the form of revolving credit commitments, term loan commitments, or a combination of both, with incremental amounts in excess of $300 million as long as the Company satisfies a senior secured leverage ratio contained in the 2017 Credit Agreement. The 2017 Credit Agreement requires the Company to comply with a number of covenants, which limit, in certain circumstances, the Company’s ability to take a variety of actions, including but not limited to: incur indebtedness; create or maintain liens on its property or assets; make investments, loans and advances; repurchase shares of its common stock; engage in acquisitions, mergers, consolidations and asset sales; redeem debt; and pay dividends and distributions. If the Company’s borrowings under its revolving line of credit are greater than 30% of the total revolving credit commitments, the 2017 Credit Agreement requires the Company to comply with certain financial tests, as defined in the 2017 Credit Agreement. If applicable, the minimum required levels of the interest coverage ratio would be 2.5 to 1.0 and the maximum permitted levels of the senior secured leverage ratio would be 2.75 to 1.0. The 2017 Credit Agreement also contains customary default provisions. The Company was in compliance with the financial covenants contained in the 2017 Credit Agreement as of December 31, 2018 . During the year ended December 31, 2018 and 2017 , the Company recorded a loss on early extinguishment of debt related to Amendment No. 2 to the 2017 Credit Agreement of approximately $0.7 million and $0.7 million , respectively. As of December 31, 2018 and 2017 , the Company had, $391.4 million and $395.1 million , net of discount, respectively, in the Term Loan outstanding under the 2017 Credit Agreement. The weighted average interest rate on the Term Loan at December 31, 2018 and 2017 was 4.50% and 3.94% , respectively. The Company had revolving credit amounts of $237.0 million outstanding as of December 31, 2018 and no revolving credit amounts outstanding as of December 31, 2017 . The weighted average interest rate on the revolving credit facility at December 31, 2018 was 5.98% . The 2017 Credit Agreement incorporates facilities for issuance of letters of credit up to $400 million . Letters of credit issued under the 2017 Credit Agreement letter of credit facility decrease availability under the $600 million revolving line of credit. As of December 31, 2018 , the Company had no letters of credit issued under the 2017 Credit Agreement. The 2017 Credit Agreement also permits the Company to have additional letter of credit facilities up to $300 million , and letters of credit issued under such additional facilities do not decrease availability under the revolving lines of credit. The Company had letters of credit issued under the additional letter of credit facilities of the 2017 Credit Agreement that totaled $33.4 million and $34.3 million as of December 31, 2018 and 2017 , respectively. The Company also has bilateral arrangements to issue letters of credit with various other financial institutions. These additional letters of credit do not reduce availability under the 2017 Credit Agreement. The Company had letters of credit issued under these additional arrangements of $42.4 million and $23.1 million as of December 31, 2018 and 2017 , respectively. In total, as of December 31, 2018 and 2017 , the Company had letters of credit outstanding of $75.8 million and $57.4 million , respectively. The letters of credit generally serve as collateral for certain liabilities included in the Consolidated Balance Sheet and guaranteeing the Company’s performance under contracts. Furthermore, the Company and certain of its subsidiaries agreed to take certain actions to secure borrowings under the 2017 Credit Agreement. As a result, on January 31, 2017, Terex and certain of its subsidiaries entered into a Guarantee and Collateral Agreement with CSAG, as collateral agent for the lenders, granting security and guarantees to the lenders for amounts borrowed under the 2017 Credit Agreement. Pursuant to the Guarantee and Collateral Agreement, Terex is required to (a) pledge as collateral the capital stock of the Company’s material domestic subsidiaries and 65% of the capital stock of certain of the Company’s material foreign subsidiaries, and (b) provide a first priority security interest in substantially all of the Company’s domestic assets. 2014 Credit Agreement On August 13, 2014 the Company entered into a credit agreement (as amended, the “2014 Credit Agreement”), with the lenders party thereto and CSAG, as administrative agent and collateral agent. The 2014 Credit Agreement provided the Company with a senior secured revolving line of credit of up to $600 million that was available through August 13, 2019, a $230.0 million senior secured term loan and a €200.0 million senior secured term loan. On January 31, 2017, in connection with the 2017 Credit Agreement, the Company terminated its 2014 Credit Agreement and related agreements and documents. During the year ended December 31, 2017 , the Company recorded a loss on early extinguishment of debt related to its 2014 Credit Agreement of $8.2 million . 6-1/2% Senior Notes On March 27, 2012, the Company sold and issued $300 million aggregate principal amount of Senior Notes Due 2020 (“ 6-1/2% Notes”) at par. The proceeds from these notes were used for general corporate purposes. The 6-1/2% Notes became redeemable by the Company beginning in April 2016 at an initial redemption price of 103.25% of principal amount. The Company redeemed $45.8 million principal amount of the 6-1/2% Notes in the first quarter of 2017 for $47.9 million , including market premiums of $1.2 million and accrued but unpaid interest of $0.9 million . The Company redeemed the remaining $254.2 million principal amount of the 6-1/2% Notes on April 3, 2017 for $266.7 million , including accrued but unpaid interest of $8.4 million and a call premium of $4.1 million (which was recorded as Loss on early extinguishment of debt on that date). The 6-1/2% Notes were jointly and severally guaranteed by certain of the Company’s domestic subsidiaries. 6% Senior Notes On November 26, 2012, the Company sold and issued $850 million aggregate principal amount of Senior Notes due 2021 (“ 6% Notes”) at par. The proceeds from this offering plus other cash were used to redeem all $800.0 million principal amount of the outstanding 8% Senior Subordinated Notes. During the first quarter of 2017, the Company redeemed all $850.0 million of the 6% Notes for $887.2 million , including redemption premiums of $25.9 million and accrued but unpaid interest of $11.3 million . 5-5/8% Senior Notes On January 31, 2017 , the Company sold and issued $600.0 million aggregate principal amount of Senior Notes Due 2025 (“5-5/8% Notes”) at par in a private offering. The proceeds from the 5-5/8% Notes, together with cash on hand, including cash from the sale of its MHPS business, was used: (i) to complete a tender offer for up to $550.0 million of its 6% Notes, (ii) to redeem and discharge such portion of the 6% Notes not purchased in the tender offer, (iii) to fund a $300.0 million partial redemption of the 6% Notes, (iv) to fund repayment of all $300.0 million aggregate principal amount outstanding of its 6-1/2% Notes on or before April 3, 2017, (v) to pay related premiums, fees, discounts and expenses, and (vi) for general corporate purposes, including repayment of borrowings outstanding under the 2014 Credit Agreement. The 5-5/8% Notes are jointly and severally guaranteed by certain of the Company’s domestic subsidiaries. During the year ended December 31, 2017 , the Company recorded a loss on early extinguishment of debt related to its 6% Notes and its 6-1/2% Notes of $43.7 million . 2015 Securitization Facility On May 28, 2015, the Company, through certain of its subsidiaries, entered into a Loan and Security Agreement (the “Securitization Facility”) with lenders party thereto. On May 31, 2016, the Company terminated the Securitization Facility, and repaid all outstanding loans because it was not providing the Company with the flexibility needed for its portfolio of assets. As a result of terminating the Securitization Facility, during the year ended December 31, 2016, the Company recorded a loss on early extinguishment of debt of $0.4 million to write-off deferred debt costs. The facility limit was $350 million and contained customary representations, warranties and covenants. Commitment Letter On May 16, 2016, as a result of terminating the BCA, the Company and Konecranes terminated the commitment letter they entered into on August 10, 2015 with the lenders thereto in respect of the senior secured credit facilities there under (the “Commitment Letter”). As the Company and Konecranes terminated the BCA, the parties no longer needed the use of funds that would have been supplied by the senior secured credit facilities pursuant to the Commitment Letter. In connection with the Commitment Letter, the Company incurred fees of $7.2 million for the year ended December 31, 2016 which are included with transaction costs directly related to the BCA and are recorded in Other income (expense) - net in the Consolidated Statement of Income (Loss). Schedule of Debt Maturities Scheduled annual maturities of the principal portion of long-term debt outstanding at December 31, 2018 in the successive five-year period and thereafter are summarized below. Amounts shown are exclusive of minimum lease payments for capital lease obligations (in millions): 2019 $ 4.5 2020 3.8 2021 3.7 2022 240.7 2023 3.7 Thereafter 974.2 Total Debt 1,230.6 Less: Unamortized debt issuance costs $ (13.9 ) Net debt $ 1,216.7 Fair Value of Debt Based on indicative price quotations from financial institutions multiplied by the amount recorded on the Company’s Consolidated Balance Sheet, excluding debt acquisition costs (“Book Value”), the Company estimates the fair values (“FV”) of its debt set forth below as of December 31, 2018 and 2017 , as follows (in millions, except for quotes): 2018 Book Value Quote FV 5-5/8% Notes $ 600.0 $ 0.93250 $ 560 2017 Credit Agreement Term Loan (net of discount) $ 391.4 $ 0.96750 $ 379 2017 Book Value Quote FV 5-5/8% Notes $ 600.0 $ 1.04000 $ 624 2017 Credit Agreement Term Loan (net of discount) $ 395.1 $ 1.00708 $ 398 The fair value of debt reported in the table above is based on price quotations on the debt instrument in an active market and therefore categorized under Level 1 of the ASC 820 hierarchy. See Note A – “Basis of Presentation,” for an explanation of ASC 820 hierarchy. The Company believes that the carrying value of its other borrowings, including amounts outstanding, if any, for the revolving credit line under the 2017 Credit Agreement approximate fair market value based on maturities for debt of similar terms. Fair value of these other borrowings are categorized under Level 2 of the ASC 820 hierarchy. The Company paid $57.5 million , $59.5 million and $96.2 million of interest in 2018 , 2017 and 2016 , respectively.

LEASE COMMITMENTS

LEASE COMMITMENTS	12 Months Ended
	Dec. 31, 2018
Lease Commitments [Abstract]
LEASE COMMITMENTS	LEASE COMMITMENTS Future minimum noncancellable operating lease payments at December 31, 2018 are as follows (in millions): Operating Leases 2019 $ 32.5 2020 27.2 2021 23.8 2022 19.5 2023 16.6 Thereafter 37.0 Total minimum obligations $ 156.6 Most of the Company’s operating leases provide the Company with the option to renew the leases for varying periods after the initial lease terms. These renewal options enable the Company to renew the leases based upon the fair rental values at the date of expiration of the initial lease. Total rental expense under operating leases was $41.0 million , $39.9 million , and $44.3 million in 2018 , 2017 and 2016 , respectively.

RETIREMENT PLANS AND OTHER BENE

RETIREMENT PLANS AND OTHER BENEFITS	12 Months Ended
	Dec. 31, 2018
Retirement Benefits [Abstract]
RETIREMENT PLANS AND OTHER BENEFITS	RETIREMENT PLANS AND OTHER BENEFITS U.S. Pension Plan The Company maintains a nonqualified Supplemental Executive Retirement Plan (“U.S. SERP”). The U.S. SERP provides retirement benefits to certain senior executives of the Company. Generally, the U.S. SERP provides a benefit based on average total compensation earned over a participant’s final five years of employment and years of service reduced by benefits earned under any Company retirement program, excluding salary deferrals and matching contributions. In addition, benefits are reduced by Social Security Primary Insurance Amounts attributable to Company contributions. The U.S. SERP is unfunded and participation in the U.S. SERP has been frozen. There is a defined contribution plan for certain senior executives of the Company. The Company maintained one qualified defined benefit pension plan covering certain domestic employees (the “Terex Plan”). Participation in the Terex Plan for all employees was frozen. Participants were credited with post-freeze service for purposes of determining vesting and retirement eligibility only. The benefits covering salaried employees were based primarily on years of service and employees’ qualifying compensation during the final years of employment. The benefits covering bargaining unit employees were based primarily on years of service and a flat dollar amount per year of service. The Company’s policy was generally to fund the Terex Plan based on the requirements of the Employee Retirement Income Security Act of 1974 (“ERISA”). Plan assets consisted primarily of common stocks, bonds and short-term cash equivalent funds. In November 2018, the Company completed the termination of the Terex Plan as further described below. There were no minimum contribution requirements for the 2018 , 2017 and 2016 plan years. Non-U.S. Plans The Company maintains defined benefit plans in France, Germany, India, Switzerland and the United Kingdom for some of its subsidiaries. Participation in the United Kingdom plan has been frozen. The United Kingdom plan is a funded plan and the Company funds this plan in accordance with funding regulations in the United Kingdom and a negotiated agreement between the Company and the plan’s trustee. The Switzerland plan is a funded plan and the Company funds this plan in accordance with funding regulations. The plans in France, Germany and India are unfunded plans. In Italy, there are mandatory termination indemnity plans providing a benefit that is payable upon termination of employment in substantially all cases of termination. The Company records this obligation based on mandated requirements. The measure of current obligation is not dependent on the employees’ future service and therefore is measured at current value. Other Post-employment Benefits The Company has several non-pension post-retirement benefit programs. The Company provides post-employment health and life insurance benefits to certain former salaried and hourly employees. The health care programs are contributory, with participants’ contributions adjusted annually, and the life insurance plan is noncontributory. Savings Plans The Company sponsors various tax deferred savings plans into which eligible employees may elect to contribute a portion of their compensation. The Company may, but is not obligated to, contribute to certain of these plans. Charges recognized for the deferred compensation plan and these other savings plans were $22.9 million , $16.9 million and $19.3 million for the years ended December 31, 2018 , 2017 and 2016 , respectively. For the years ended December 31, 2018 , 2017 and 2016 , Company matching contributions to tax deferred savings plans were invested at the direction of plan participants. Information regarding the Company’s plans, including U.S. SERP, was as follows (in millions, except percent values): U.S. Pension Benefits Non-U.S. Pension Benefits Other Benefits 2018 2017 2018 2017 2018 2017 Accumulated benefit obligation at end of year $ 35.1 $ 153.3 $ 208.5 $ 229.4 Change in benefit obligation: Benefit obligation at beginning of year $ 160.4 $ 167.6 $ 231.6 $ 211.5 $ 3.4 $ 4.2 Service cost 0.4 0.6 3.1 3.2 — — Interest cost 5.4 6.4 4.6 5.0 0.1 0.1 Transfer to held for sale — — — (0.1 ) — — Settlements (108.5 ) — (2.7 ) (5.0 ) — — Plan amendments — — 2.6 — — — Actuarial loss (gain) (8.5 ) 0.1 (8.1 ) 1.1 (0.2 ) (0.4 ) Benefits paid (10.1 ) (14.3 ) (8.6 ) (7.1 ) (0.3 ) (0.5 ) Foreign exchange effect — — (11.9 ) 23.0 — — Benefit obligation at end of year 39.1 160.4 210.6 231.6 3.0 3.4 Change in plan assets: Fair value of plan assets at beginning of year 118.5 117.1 121.2 108.3 — — Actual return on plan assets (6.0 ) 14.5 (4.1 ) 6.9 — — Settlements (108.5 ) — (2.7 ) (5.0 ) — — Employer contribution 6.1 1.2 7.9 7.5 0.3 0.5 Employee contribution — — 0.5 0.4 — — Benefits paid (10.1 ) (14.3 ) (8.6 ) (7.1 ) (0.3 ) (0.5 ) Foreign exchange effect — — (6.7 ) 10.2 — — Fair value of plan assets at end of year — 118.5 107.5 121.2 — — Funded status $ (39.1 ) $ (41.9 ) $ (103.1 ) $ (110.4 ) $ (3.0 ) $ (3.4 ) Amounts recognized in the statement of financial position consist of: Current liabilities $ 1.3 $ 1.2 $ 2.7 $ 2.8 $ 0.4 $ 0.4 Non-current liabilities 37.8 40.7 100.4 107.6 2.6 3.0 Total liabilities $ 39.1 $ 41.9 $ 103.1 $ 110.4 $ 3.0 $ 3.4 Amounts recognized in accumulated other comprehensive loss consist of: Actuarial net loss $ (0.9 ) $ 64.8 $ 61.3 $ 68.2 $ 0.5 $ 0.9 Prior service cost — 0.1 2.7 0.1 — — Total amounts recognized in accumulated other comprehensive loss $ (0.9 ) $ 64.9 $ 64.0 $ 68.3 $ 0.5 $ 0.9 Guaranteed Minimum Pension (“GMP”) Payments On October 26, 2018, the High Court of Justice in the United Kingdom ruled that Lloyds Bank plc was required to provide equal benefits for men and women for GMP payments accrued after May 17, 1990 in pension plans liabilities. Inequalities arose from statutory differences between men and women in both the earliest age from which a GMP is payable and the rates of the GMP accrual. The Company estimated the cost of equalizing the GMP payments and increased its Non-U.S. pension benefit liability by $2.6 million at December 31, 2018 for GMP payments. This is recorded as prior service costs for 2018 and will amortize beginning in 2019. U.S. Pension Benefits Non-U.S. Pension Benefits Other Benefits 2018 2017 2016 2018 2017 2016 2018 2017 2016 Weighted-average assumptions as of December 31: Discount rate (1) 4.41 % 3.78 % 4.03 % 2.39 % 2.15 % 2.27 % 4.14 % 3.58 % 3.81 % Expected return on plan assets — % 7.00 % 7.00 % 4.40 % 4.43 % 5.90 % N/A N/A N/A Rate of compensation increase (1) 3.75 % 3.75 % 3.75 % 0.98 % 0.93 % 0.89 % N/A N/A N/A (1) The weighted average assumptions as of December 31 are used to calculate the funded status at the end of the current year and the net periodic cost for the subsequent year. U.S. Pension Benefits Non-U.S. Pension Benefits Other Benefits 2018 2017 2016 2018 2017 2016 2018 2017 2016 Components of net periodic cost: Service cost $ 0.4 $ 0.6 $ 0.6 $ 3.1 $ 3.2 $ 3.1 $ — $ — $ — Interest cost 5.4 6.4 7.1 4.6 5.0 6.5 0.1 0.1 0.2 Expected return on plan assets (7.3 ) (7.8 ) (8.3 ) (5.0 ) (5.0 ) (6.0 ) — — — Recognition of prior service cost 0.1 0.1 0.2 — — — — — — Amortization of actuarial loss 3.4 4.1 4.2 3.2 3.5 2.5 0.1 (1.2 ) — Settlements 67.0 — — 0.8 1.5 — — — — Other — — — (1.0 ) (0.4 ) (0.4 ) — — — Net periodic cost $ 69.0 $ 3.4 $ 3.8 $ 5.7 $ 7.8 $ 5.7 $ 0.2 $ (1.1 ) $ 0.2 Components of Net periodic cost other than the Service cost component are included in Other income (expense) - Net in the Consolidated Statement of Comprehensive Income (Loss). The Service cost component is included in the same line item or items as other compensation costs arising from services rendered by pertinent employees during the period. Pension Settlements In November 2018, the Company entered into a contract for a group annuity to transfer the obligation to pay the remaining retirement benefits of all plan participants in the Terex Plan to an insurance company (the “Pension Annuitization”). The transfer of $108.5 million in both plan obligations and plan assets was completed on November 5, 2018. The Company contributed $4.8 million to the plan to facilitate the transaction, secure the remaining plan obligations and take advantage of certain tax benefits. Prior to the transaction, the Terex Plan had approximately 2,600 participants. As a result of the Pension Annuitization, the Company recorded a pretax non-cash settlement loss of $67.0 million (after tax $42.6 million ) reflecting the accelerated recognition of unamortized losses in the Terex Plan as a result of the obligation that was settled. Participants in the Company’s U.K pension plan may elect to receive a lump-sum settlement of remaining pension benefits under the terms of the plan. As a result of participants electing the lump-sum option during the years ended December 31, 2018 and 2017 , the Company settled $2.7 million and $5.0 million of Non-U.S. pension obligations, respectively. The settlements were paid from plan assets and did not require a cash contribution from the Company. As a result, the Company recorded settlement losses of $0.8 million and $1.5 million reflecting the accelerated recognition of unamortized losses in the plan proportionate to the obligation that was settled in 2018 and 2017 , respectively. U.S. Pension Benefits Non-U.S. Pension Benefits Other Benefits 2018 2017 2018 2017 2018 2017 Other Changes in Plan Assets and Benefit Obligations Recognized in Other Comprehensive Income (Loss): Net (gain) loss $ 4.7 $ (6.8 ) $ 0.9 $ (0.7 ) $ (0.3 ) $ (0.3 ) Amortization of actuarial gain (loss) (3.4 ) (4.1 ) (3.2 ) (3.5 ) (0.1 ) 1.2 Amortization of prior service cost (0.1 ) (0.1 ) 2.5 — — — Disposals — — — (79.4 ) — — Settlements (67.0 ) — (0.8 ) (1.5 ) — — Foreign exchange effect — — (3.7 ) 7.1 — — Total recognized in other comprehensive income (loss) $ (65.8 ) $ (11.0 ) $ (4.3 ) $ (78.0 ) $ (0.4 ) $ 0.9 U.S. Pension Benefits Non-U.S. Pension Benefits Other Benefits Amounts expected to be recognized as components of net periodic cost for the year ending December 31, 2019: Actuarial net loss $ (0.3 ) $ 3.3 $ — Prior service cost 0.1 0.1 — Total amount expected to be recognized as components of net periodic cost for the year ending December 31, 2019 $ (0.2 ) $ 3.4 $ — For the Company’s plans, including the U.S. SERP, that have accumulated benefit obligations in excess of plan assets, the projected benefit obligation, accumulated benefit obligation and fair value of plan assets were (in millions): U.S. Pension Benefits Non-U.S. Pension Benefits 2018 2017 2018 2017 Projected benefit obligation $ 39.1 $ 160.4 $ 210.6 $ 231.6 Accumulated benefit obligation $ 35.1 $ 153.3 $ 208.5 $ 229.4 Fair value of plan assets $ — $ 118.5 $ 107.5 $ 121.2 Determination of plan obligations and associated expenses requires the use of actuarial valuations based on certain economic assumptions, which includes discount rates and expected rates of return on plan assets. The discount rate enables the Company to estimate the present value of expected future cash flows on the measurement date. The rate used reflects a rate of return on high-quality fixed income investments that matches the duration of expected benefit payments at the December 31 measurement date. The rate used for the expected return on plan assets for the U.S. plan was based on a review of long-term historical asset performances aligned with the Company’s investment strategy and portfolio mix. While the Company examines performance annually, it also views historic asset portfolios and performance over a long period of years before recommending a change. In the short term, there may be fluctuations of positive and negative yields year-over-year, but over the long-term, in 2018 the return was expected to be approximately 7% for the Terex Plan prior to termination. The Company’s overall investment strategy for the U.S. defined benefit plan balances had two objectives, investing in fixed income securities whose maturity broadly matches the maturity of the pension liabilities and investing in equities and other assets expected to generate higher returns. The Company invested through a number of investment funds with diversified asset types, strategies and managers. Equity securities, including investments in large to small-cap companies in the U.S. and internationally, constituted approximately 31% of the portfolio at December 31, 2017 . Fixed income securities including corporate bonds of companies from diversified industries, U.S. Treasuries and other securities, which may include mortgage-backed securities, asset-backed securities and collateralized mortgage obligations, constituted approximately 69% of the portfolio at December 31, 2017 . The methodology used to determine the rate of return on non-U.S. pension plan assets was based on average rate of earnings on funds invested and to be invested. Based on historical returns and future expectations, the Company believes the investment return assumptions are reasonable. The expected rate of return of plan assets represents an estimate of long-term returns on the investment portfolio. This assumption is reviewed by the trustees and varies with each of the plans. The overall investment strategy for Non-U.S. defined benefit plans is to achieve a mix of investments to support long-term growth and minimize volatility while maximizing rates of return by diversification of asset types, fund strategies and fund managers. Fixed income investments include investments in European government securities and European corporate bonds and constitute approximately 76% and 72% of the portfolio at December 31, 2018 and 2017 , respectively. Equity investments, multi-asset investment funds and real estate investments that invest in a diversified range of property principally in the retail, office and industrial/warehouse sectors constitute approximately 24% and 28% of the portfolio at December 31, 2018 and 2017 , respectively. Investments of the plans primarily include investments in companies from diversified industries with 90% invested internationally and 10% invested in North America. The target investment allocations to support the Company’s investment strategy for 2019 are approximately 69% to 71% fixed income securities and approximately 29% to 31% equity securities, multi-asset investment funds and real estate investments. The fair value of cash in the table below is based on price quotations in an active market and therefore categorized under Level 1 of the ASC 820 hierarchy. The fair value of the investment funds is priced on the market value of the underlying investments in the portfolio and therefore categorized as Level 2 of the ASC 820 hierarchy. See Note A – “Basis of Presentation,” for an explanation of the ASC 820 hierarchy. The fair value of the Company’s plan assets at December 31, 2018 are as follows (in millions): U.S. Pension Plan Non-U.S. Pension Plans Total Level 1 Level 2 NAV Total Level 1 Level 2 NAV Cash, including money market funds $ — $ — $ — $ — $ 0.7 $ 0.7 $ — $ — U.S. equities — — — — 11.1 — 11.1 — Non-U.S. equities — — — — 10.7 — 10.7 — Non-U.S. corporate bonds — — — — 2.5 — 2.5 — Non-U.S. governmental fixed income funds — — — — 59.7 — 59.7 — Real estate — — — — 3.7 — 3.7 — Other securities — — — — 19.1 — 19.1 — Total investments measured at fair value $ — $ — $ — $ — $ 107.5 $ 0.7 $ 106.8 $ — The fair value of the Company’s plan assets at December 31, 2017 are as follows (in millions): U.S. Pension Plan Non-U.S. Pension Plans Total Level 1 Level 2 NAV Total Level 1 Level 2 NAV Cash, including money market funds $ 2.5 $ 2.5 $ — $ — $ 2.9 $ 2.9 $ — $ — U.S. equities 27.6 — — 27.6 6.4 — 6.4 — Non-U.S. equities 8.7 — — 8.7 24.4 — 24.4 — U.S. corporate bonds 55.8 — — 55.8 0.6 — 0.6 — Non-U.S. corporate bonds — — — — 19.3 — 19.3 — U.S. government securities 16.4 — — 16.4 — — — — Non-U.S. government securities 0.6 — — 0.6 32.7 — 32.7 — Non-U.S. governmental fixed income funds — — — — 26.0 — 26.0 — Real estate — — — — 3.5 — 3.5 — Other securities 6.9 — — 6.9 5.4 — 5.4 — Total investments measured at fair value $ 118.5 $ 2.5 $ — $ 116.0 $ 121.2 $ 2.9 $ 118.3 $ — The Company plans to contribute approximately $1 million to its U.S. post-retirement plans and approximately $8 million to its non-U.S. defined benefit pension plans in 2019 . During the year ended December 31, 2018 , the Company contributed $6.4 million to its U.S. defined benefit pension plans and post-retirement plans and $7.9 million to its non-U.S. defined benefit pension plans. The Company’s estimated future benefit payments under its plans are as follows (in millions): Year Ending December 31, U.S. Pension Benefits Non-U.S. Pension Benefits Other Benefits 2019 $ 1.3 $ 12.0 $ 0.4 2020 $ 1.5 $ 7.6 $ 0.4 2021 $ 1.5 $ 8.3 $ 0.3 2022 $ 1.5 $ 8.4 $ 0.3 2023 $ 1.5 $ 8.7 $ 0.3 2024-2028 $ 12.5 $ 47.1 $ 0.9 For the other benefits, for measurement purposes, a 6.50% rate of increase in the per capita cost of covered health care benefits was assumed for 2019 , decreasing one-half percentage point per year until it reaches 4.50% for 2022 and thereafter. Assumed health care cost trend rates may have a significant effect on the amounts reported for the health care plan. A one-percentage-point change in assumed health care cost trend rates would have the following effects (in millions): 1-Percentage- Point Increase 1-Percentage- Point Decrease Effect on total service and interest cost components $ — $ — Effect on post-retirement benefit obligation $ 0.1 $ (0.1 )

STOCKHOLDERS' EQUITY

STOCKHOLDERS' EQUITY	12 Months Ended
	Dec. 31, 2018
Stockholders' Equity Note [Abstract]
STOCKHOLDERS' EQUITY	STOCKHOLDERS’ EQUITY On December 31, 2018 , there were 81.3 million shares of common stock issued and 69.6 million shares of common stock outstanding. Of the 218.7 million unissued shares of common stock at that date, 3.0 million shares of common stock were reserved for issuance for the vesting of restricted stock. Common Stock in Treasury. On December 21 2018, the Company retired 50.0 million shares of its common stock held in treasury. The shares were returned to the status of authorized but unissued shares. As a result, the treasury stock balance decreased by $1,882.0 million . As a part of the retirement, the Company reduced its common stock, Additional paid-in capital and Retained earnings balances by $(0.5) million , $(549.2) million , and $(1,332.3) million , respectively. The Company values treasury stock on an average cost basis. As of December 31, 2018 , the Company held 11.7 million shares of common stock in treasury totaling $401.8 million , which include 0.8 million shares held in a trust for the benefit of the Company’s deferred compensation plan totaling $19.6 million . Preferred Stock. The Company’s certificate of incorporation was amended in June 1998 to authorize 50.0 million shares of preferred stock, $0.01 par value per share. As of December 31, 2018 and 2017 , there were no shares of preferred stock outstanding. Long-Term Incentive Plans. In May 2018, the stockholders approved the Terex Corporation 2018 Omnibus Incentive Plan (the “2018 Plan”). The purpose of the 2018 Plan is to assist the Company in attracting and retaining selected individuals to serve as employees, directors, officers, consultants and advisors of the Company and its subsidiaries and affiliates who will contribute to the Company’s success and to achieve long-term objectives which will inure to the benefit of all stockholders of the Company through the additional incentive inherent in the ownership of the common stock. The 2018 Plan authorizes the granting of (i) options to purchase shares of common stock (“Shares”), (ii) stock appreciation rights, (iii) restricted stock awards, (iv) restricted stock units, (v) other stock awards, (vi) cash awards and (vii) performance awards. The maximum number of Shares that may be the subject of awards under the 2018 Plan is 1.2 million Shares, plus the number of Shares remaining available for issuance under the Terex Corporation 2009 Omnibus Incentive Plan (the “2009 Plan”) that are not subject to outstanding awards as of the date of stockholder approval, and the number of Shares subject to awards outstanding under the 2009 Plan as of such date but only to the extent that such outstanding awards are forfeited, expire, or otherwise terminate without the issuance of such Shares. Under the 2018 Plan, Shares covering restricted stock awards, restricted stock units and other stock awards shall only be counted as used to the extent that they are actually issued. As of December 31, 2018 , 2.7 million shares were available for grant under the 2018 Plan. In May 2009, the stockholders approved the 2009 Plan. The purpose of the 2009 Plan is to provide a means whereby employees, directors and third-party service providers of the Company develop a sense of proprietorship and personal involvement in the development and financial success of the Company, and to encourage them to devote their best efforts to the business of the Company, thereby advancing the interests of the Company and its stockholders. The 2009 Plan provides for incentive compensation in the form of (i) options to purchase Shares, (ii) stock appreciation rights, (iii) restricted stock awards and restricted stock units, (iv) other stock awards, (v) cash awards, and (vi) performance awards. The maximum number of Shares available for issuance under the 2009 Plan was 8.0 million Shares plus the number of Shares remaining available for issuance under the Terex Corporation 2000 Incentive Plan and the 1996 Terex Corporation Long-Term Incentive Plan. Under the 2018 and 2009 Plans, approximately 50% of outstanding awards are time-based and vest ratably on each of the first three anniversary dates. Approximately 21% cliff vest at the end of a three year period and are subject to performance targets that may or may not be met and for which the performance period has not yet been completed. Approximately 29% cliff vest and are based on performance targets containing a market condition determined over a three year period. The fair value of restricted stock awards is based on the market price at the date of grant approval except for 0.9 million shares based on a market condition. The Company uses the Monte Carlo method to provide grant date fair value for awards with a market condition. The Monte Carlo method is a statistical simulation technique used to provide the grant date fair value of an award. The following table presents the weighted-average assumptions used in the valuations: Grant date Grant date Grant date March 8, 2018 March 2, 2017 March 3, 2016 Dividend yields 1.00% 1.01% 1.22% Expected volatility 40.41% 42.78% 45.59% Risk free interest rate 2.38% 1.55% 0.97% Expected life (in years) 3 3 3 Grant date fair value per share $41.57 $36.48 $29.24 The following table is a summary of restricted stock awards under all of the Company’s plans: Restricted Stock Awards Weighted Average Grant Date Fair Value Nonvested at December 31, 2017 3,111,057 $ 28.68 Granted 1,053,387 $ 40.06 Vested (1,271,136 ) $ 27.47 Canceled, expired or other 82,919 $ 28.59 Nonvested at December 31, 2018 2,976,227 $ 34.32 As of December 31, 2018 , unrecognized compensation costs related to restricted stock totaled approximately $52 million , which will be expensed over a weighted average period of 1.7 years . The grant date weighted average fair value for restricted stock awards during the years ended December 31, 2018 , 2017 and 2016 was $40.06 , $32.54 and $23.95 , respectively. The total fair value of shares vested for restricted stock awards was $34.9 million , $36.0 million and $35.1 million for the years ended December 31, 2018 , 2017 and 2016 , respectively. Tax benefits associated with stock-based compensation were $4.6 million , $11.8 million and $12.6 million for the years ended December 31, 2018 , 2017 and 2016 , respectively. The excess tax benefit for all stock-based compensation is included in the Consolidated Statement of Cash Flows as an operating cash activity. Comprehensive Income (Loss). The following table reflects the accumulated balances of other comprehensive income (loss) (in millions): Accumulated Other Comprehensive Income (Loss) Attributable to Terex Corporation Cumulative Translation Adjustment Derivative Hedging Adjustment Debt & Equity Securities Adjustment Pension Adjustment Accumulated Other Comprehensive Income (Loss) Balance at January 1, 2016 $ (492.7 ) $ 2.3 $ (6.3 ) $ (152.9 ) $ (649.6 ) Current year change (122.6 ) (4.7 ) 6.9 (9.4 ) (129.8 ) Balance at December 31, 2016 (615.3 ) (2.4 ) 0.6 (162.3 ) (779.4 ) Current year change 470.6 4.5 3.7 61.1 539.9 Balance at December 31, 2017 (144.7 ) 2.1 4.3 (101.2 ) (239.5 ) Current year change (80.9 ) (6.5 ) (3.5 ) 45.6 (45.3 ) Balance at December 31, 2018 $ (225.6 ) $ (4.4 ) $ 0.8 $ (55.6 ) $ (284.8 ) Accumulated Other Comprehensive Income (Loss) Attributable to Noncontrolling Interest Cumulative Translation Adjustment Derivative Hedging Adjustment Debt & Equity Securities Adjustment Pension Adjustment Accumulated Other Comprehensive Income (Loss) Balance at January 1, 2016 $ 0.7 $ — $ — $ — $ 0.7 Current year change (0.4 ) — — — (0.4 ) Balance at December 31, 2016 0.3 — — — 0.3 Current year change — — — — — Balance at December 31, 2017 0.3 — — — 0.3 Current year change — — — — — Balance at December 31, 2018 $ 0.3 $ — $ — $ — $ 0.3 Accumulated Other Comprehensive Income (Loss) Cumulative Translation Adjustment Derivative Hedging Adjustment Debt & Equity Pension Adjustment Accumulated Other Comprehensive Income (Loss) Balance at January 1, 2016 $ (492.0 ) $ 2.3 $ (6.3 ) $ (152.9 ) $ (648.9 ) Current year change (123.0 ) (4.7 ) 6.9 (9.4 ) (130.2 ) Balance at December 31, 2016 (615.0 ) (2.4 ) 0.6 (162.3 ) (779.1 ) Current year change 470.6 4.5 3.7 61.1 539.9 Balance at December 31, 2017 (144.4 ) 2.1 4.3 (101.2 ) (239.2 ) Current year change (80.9 ) (6.5 ) (3.5 ) 45.6 (45.3 ) Balance at December 31, 2018 $ (225.3 ) $ (4.4 ) $ 0.8 $ (55.6 ) $ (284.5 ) As of December 31, 2018 , accumulated other comprehensive income for the cumulative translation adjustment, derivative hedging adjustment, debt and equity securities adjustment and pension liability adjustment are net of a tax benefit/(provision) of $11.5 million , $1.2 million , $(0.1) million and $7.9 million , respectively. Changes in Accumulated Other Comprehensive Income (Loss) The table below presents changes in AOCI by component for the year ended December 31, 2018 and 2017 . All amounts are net of tax (in millions). Year ended December 31, 2018 Year ended December 31, 2017 CTA Derivative Hedging Adj. Debt & Equity Adj. Pension Liability Adj. (1) Total CTA (2) Derivative Hedging Adj. Debt & Equity Adj. Pension Liability Adj. (3) Total Beginning balance $ (144.4 ) $ 2.1 $ 4.3 $ (101.2 ) $ (239.2 ) $ (615.0 ) $ (2.4 ) $ 0.6 $ (162.3 ) $ (779.1 ) Other comprehensive income (loss) before reclassifications (80.2 ) (7.4 ) (0.9 ) (2.8 ) (91.3 ) 114.1 4.3 3.6 (0.1 ) 121.9 Amounts reclassified from AOCI (0.7 ) 0.9 — 48.4 48.6 356.5 0.2 0.1 61.2 418.0 Net other comprehensive income (loss) (80.9 ) (6.5 ) (0.9 ) 45.6 (42.7 ) 470.6 4.5 3.7 61.1 539.9 Other (4) — — (2.6 ) — (2.6 ) — — — — — Ending balance $ (225.3 ) $ (4.4 ) $ 0.8 $ (55.6 ) $ (284.5 ) $ (144.4 ) $ 2.1 $ 4.3 $ (101.2 ) $ (239.2 ) (1) Reclassifications primarily relate to $42.6 million of losses (net of $24.4 million of tax benefits) reclassified from AOCI to Other income (expense) - net in connection with the settlement of U.S. defined benefit pension obligations. (2) Reclassifications primarily relate to $352.1 million of losses (net of $1.5 million of tax benefits) reclassified from AOCI to Gain (loss) on disposition of discontinued operations - net of tax in connection with the sale of the MHPS business. (3) Reclassifications primarily relate to $55.4 million of losses (net of $23.9 million of tax benefits) reclassified from AOCI to Gain (loss) on disposition of discontinued operations - net of tax in connection with the sale of the MHPS business. (4) Other relates to amounts reclassified from AOCI to Retained Earnings in connection with the adoption of ASU 2016-01 and 2016-16. Share Repurchases and Dividends In February 2015, the Company announced authorization by its Board of Directors for the repurchase of up to $200 million of the Company’s outstanding shares of common stock of which approximately $131 million of this authorization was utilized prior to January 1, 2017. In February 2017, the Company announced authorization by its Board of Directors for the repurchase of up to an additional $350 million of the Company’s outstanding shares of common stock. In May 2017, the Company announced the completion of the February 2015 and February 2017 authorizations and the Company’s Board of Directors authorized the repurchase of up to an additional $280 million of its outstanding shares of common stock. In September 2017, the Company announced the completion of the May 2017 authorization and the Company’s Board of Directors authorized the repurchase of up to an additional $225 million of its outstanding shares of common stock. In February 2018, the Company announced the completion of the September 2017 authorization and the Company’s Board of Directors authorized the repurchase of up to an additional $325 million of its outstanding shares of common stock. In July 2018, the Company announced the completion of the February 2018 authorization and the Company’s Board of Directors authorized the repurchase of up to an additional $300 million of its outstanding shares of common stock. During the year ended December 31, 2018, the Company repurchased 11.4 million shares for $425.0 million under the programs. During the year ended December 31, 2017, the Company repurchased 25.7 million shares for $923.7 million under the programs. During the year ended December 31, 2016, the Company repurchased 3.5 million shares for $81.3 million under the programs. The Company’s Board of Directors declared and paid a dividend of $0.10 , $0.08 and $0.07 per share in each quarter of 2018 , 2017 and 2016 , respectively. Additionally, in the first quarter of 2019 the Company’s Board of Directors declared a dividend of $0.11 per share which will be paid on March 19, 2019.

LITIGATION AND CONTINGENCIES

LITIGATION AND CONTINGENCIES	12 Months Ended
	Dec. 31, 2018
Commitments and Contingencies Disclosure [Abstract]
LITIGATION AND CONTINGENCIES	LITIGATION AND CONTINGENCIES General The Company is involved in various legal proceedings, including product liability, general liability, workers’ compensation liability, employment, commercial and intellectual property litigation, which have arisen in the normal course of operations. The Company is insured for product liability, general liability, workers’ compensation, employer’s liability, property damage and other insurable risk required by law or contract, with retained liability or deductibles. The Company records and maintains an estimated liability in the amount of management’s estimate of the Company’s aggregate exposure for such retained liabilities and deductibles. For such retained liabilities and deductibles, the Company determines its exposure based on probable loss estimations, which requires such losses to be both probable and the amount or range of probable loss to be estimable. The Company believes it has made appropriate and adequate reserves and accruals for its current contingencies and the likelihood of a material loss beyond amounts accrued is remote. The Company believes the outcome of such matters, individually and in aggregate, will not have a material adverse effect on its financial statements as a whole. However, outcomes of lawsuits cannot be predicted and, if determined adversely, could ultimately result in the Company incurring significant liabilities which could have a material adverse effect on its results of operations. Securities and Stockholder Derivative Lawsuits In 2010, the Company received complaints seeking certification of class action lawsuits as follows: • A consolidated class action complaint for violations of securities laws was filed in the United States District Court, District of Connecticut on November 18, 2010 and is entitled Sheet Metal Workers Local 32 Pension Fund and Ironworkers St. Louis Council Pension Fund, individually and on behalf of all others similarly situated v. Terex Corporation, et al. • A stockholder derivative complaint for violation of the Securities and Exchange Act of 1934, breach of fiduciary duty, waste of corporate assets and unjust enrichment was filed on April 12, 2010 in the United States District Court, District of Connecticut and is entitled Peter Derrer, derivatively on behalf of Terex Corporation v. Ronald M. DeFeo, Phillip C. Widman, Thomas J. Riordan, G. Chris Andersen, Donald P. Jacobs, David A. Sachs, William H. Fike, Donald DeFosset, Helge H. Wehmeier, Paula H.J. Cholmondeley, Oren G. Shaffer, Thomas J. Hansen, and David C. Wang, and Terex Corporation. These lawsuits, which generally cover the time period from February 2008 to February 2009, allege violations of federal securities laws and Delaware law claiming, among other things, that certain of the Company’s SEC filings and other public statements contained false and misleading statements which resulted in damages to the Company, the plaintiffs and the members of the purported class when they purchased the Company’s securities and that there were breaches of fiduciary duties. The stockholder derivative complaint also alleges waste of corporate assets relating to the repurchase of the Company’s shares in the market and unjust enrichment as a result of securities sales by certain officers and directors. The complaints seek, among other things, unspecified compensatory damages, costs and expenses. As a result, the Company is unable to estimate a possible loss or a range of losses for these lawsuits. The stockholder derivative complaint also seeks amendments to the Company’s corporate governance procedures in addition to unspecified compensatory damages from the individual defendants in its favor. On March 31, 2018, the securities lawsuit was dismissed against all of the named defendants except Mr. Riordan and the Company. In addition, certain claims were also narrowed. However, as all claims against Mr. Riordan were not dismissed, the case continued against both Mr. Riordan and, as a result, the Company as well. While the Company continues to believe that it has acted, and continues to act, in compliance with all applicable laws, on February 13, 2019, the plaintiffs and the Company advised the court that the parties have agreed in principle to a settlement of the securities lawsuit, subject to the court’s approval, and are beginning the process of drafting preliminary settlement papers for the court’s review and preliminary approval of the proposed settlement and notice process. The proposed settlement amount would be covered by the Company’s insurance policies and will not have a material effect on the Company’s financial results. However, if the parties are not able to reach a final settlement of the claims, or if the court were to fail to approve a settlement, and the Company were to ultimately receive an adverse judgment in excess of the Company’s insurance policies, it could result in the Company incurring significant liabilities. The stockholder derivative action requires that the plaintiff own shares at the time of the alleged action continuously throughout the pendency of the case. In September of 2018, the plaintiff’s counsel notified the Company that its named plaintiff no longer owned shares of Terex. Plaintiff’s counsel filed a motion to replace the plaintiff in this case with a new plaintiff. The Company filed a motion objecting to the substitution on several grounds as it is the Company’s belief that the proposed substitute plaintiff does not meet the legal requirements to act as plaintiff in this action. To date, the Court has not rendered a decision on these motions. The Company believes that it has acted, and continues to act, in compliance with applicable laws with respect to this matter. This matter is covered by the Company’s insurance. However, the outcome of this lawsuit cannot be predicted and, if the Company were to receive an adverse judgment in excess of the Company’s insurance policies, it could ultimately result in the Company incurring significant liabilities. Demag Cranes AG Appraisal Proceedings In connection with the Company’s purchase of Demag Cranes AG (“DCAG”) in 2011, certain former shareholders of DCAG initiated appraisal proceedings relating to (i) a domination and profit loss transfer agreement between DCAG and Terex Germany GmbH & Co. KG (the “DPLA Proceeding”) and (ii) the squeeze out of the former DCAG shareholders (the “Squeeze out Proceeding”) alleging that the Company did not pay fair value for the shares of DCAG. In April 2018, the Company reached an agreement with the former shareholders of DCAG to settle the DPLA Proceeding for an amount not material to the Company’s consolidated financial statements. The Squeeze out Proceeding will continue and is still in the relatively early stages. While the Company believes the position of the former shareholders of DCAG is without merit and is vigorously opposing it, no assurance can be given as to the final resolution of the Squeeze out Proceeding or that the Company will not ultimately be required to make an additional payment as a result of such dispute. Other The Company is involved in various other legal proceedings which have arisen in the normal course of its operations. The Company has recorded provisions for estimated losses in circumstances where a loss is probable and the amount or range of possible amounts of the loss is estimable. Credit Guarantees Customers of the Company from time to time may fund the acquisition of the Company’s equipment through third-party finance companies. In certain instances, the Company may provide a credit guarantee to the finance company, by which the Company agrees to make payments to the finance company should the customer default. The maximum liability of the Company is generally limited to its customer’s remaining payments due to the finance company at time of default. As of December 31, 2018 and 2017 , the Company’s maximum exposure to such credit guarantees was $59.2 million and $49.2 million , respectively. Terms of these guarantees coincide with the financing arranged by the customer and generally do not exceed five years . Given the Company’s position as original equipment manufacturer and its knowledge of end markets, the Company, when called upon to fulfill a guarantee, generally has been able to liquidate the financed equipment at a minimal loss, if any, to the Company. There can be no assurance that historical credit default experience will be indicative of future results. The Company’s ability to recover losses experienced from its guarantees may be affected by economic conditions in effect at the time of loss. Residual Value Guarantees The Company issues residual value guarantees under sales-type leases. A residual value guarantee involves a guarantee that a piece of equipment will have a minimum fair market value at a future date if certain conditions are met by the customer. Maximum exposure for residual value guarantees issued by the Company totaled $2.7 million and $4.2 million as of December 31, 2018 and 2017 , respectively. The Company is generally able to mitigate a portion risk associated with these guarantees because the maturity of guarantees is staggered, limiting the amount of used equipment entering the marketplace at any one time. The Company has recorded an aggregate liability within Other current liabilities and Other non-current liabilities in the Consolidated Balance Sheet of $3.8 million and $4.3 million as of December 31, 2018 and 2017 , respectively, for estimated fair value of all guarantees provided. There can be no assurance the Company’s historical experience in used equipment markets will be indicative of future results. The Company’s ability to recover losses experienced from its guarantees may be affected by economic conditions in used equipment markets at the time of loss.

SCHEDULE II - VALUATION AND QUA

SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS AND RESERVES	12 Months Ended
	Dec. 31, 2018
SEC Schedule, 12-09, Valuation and Qualifying Accounts [Abstract]
Schedule II - Valuation and Qualifying Accounts and Reserves	SCHEDULE II – VALUATION AND QUALIFYING ACCOUNTS AND RESERVES (Amounts in millions) Balance Beginning of Year Charges to Earnings Other (1) Deductions (2) Balance End of Year Year ended December 31, 2018 Deducted from asset accounts: Allowance for doubtful accounts - Current $ 16.2 $ 5.0 $ — $ (6.0 ) $ 15.2 Allowance for doubtful accounts - Non-current 23.3 0.3 (0.8 ) — 22.8 Reserve for inventory 85.8 8.1 (3.8 ) (11.3 ) 78.8 Valuation allowances for deferred tax assets 136.4 (16.4 ) (4.6 ) — 115.4 Totals $ 261.7 $ (3.0 ) $ (9.2 ) $ (17.3 ) $ 232.2 Year ended December 31, 2017 Deducted from asset accounts: Allowance for doubtful accounts - Current $ 16.5 $ 0.4 $ 1.0 $ (1.7 ) $ 16.2 Allowance for doubtful accounts - Non-current 25.2 1.1 1.5 (4.5 ) 23.3 Reserve for inventory 83.3 21.6 10.5 (29.6 ) 85.8 Valuation allowances for deferred tax assets 148.6 0.2 (12.4 ) — 136.4 Totals $ 273.6 $ 23.3 $ 0.6 $ (35.8 ) $ 261.7 Year ended December 31, 2016 Deducted from asset accounts: Allowance for doubtful accounts - Current $ 20.4 $ 5.6 $ (5.4 ) $ (4.1 ) $ 16.5 Allowance for doubtful accounts - Non-current 27.4 (1.5 ) (0.4 ) (0.3 ) 25.2 Reserve for inventory 76.8 37.0 (10.8 ) (19.7 ) 83.3 Valuation allowances for deferred tax assets 215.1 (50.8 ) (15.7 ) — 148.6 Totals $ 339.7 $ (9.7 ) $ (32.3 ) $ (24.1 ) $ 273.6 (1) Primarily represents the impact of foreign currency exchange, business divestitures and other amounts recorded to accumulated other comprehensive income (loss). (2) Primarily represents the utilization of established reserves, net of recoveries.

BASIS OF PRESENTATION (Policies

BASIS OF PRESENTATION (Policies)	12 Months Ended
	Dec. 31, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Principles of Consolidation	Principles of Consolidation . The Consolidated Financial Statements include the accounts of Terex Corporation, its majority-owned subsidiaries and other controlled subsidiaries (“Terex” or the “Company”). The Company consolidates all majority-owned and controlled subsidiaries, applies the equity method of accounting for investments in which the Company is able to exercise significant influence, and applies the cost method for all other investments. All intercompany balances, transactions and profits have been eliminated.
Use of Estimates	Use of Estimates. The preparation of financial statements in conformity with generally accepted accounting principles (“U.S. GAAP”) requires management to make estimates and assumptions that affect reported amounts of assets and liabilities and 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 amounts could differ from those estimates.
Cash and Cash Equivalents	Cash and Cash Equivalents. Cash equivalents consist of highly liquid investments with original maturities of three months or less. The carrying amount of cash and cash equivalents approximates its fair value. Cash and cash equivalents at December 31, 2018 and 2017 include $13.1 million and $5.0 million , respectively, which were not immediately available for use. These consist primarily of cash balances held in escrow to secure various obligations of the Company. There were no cash and cash equivalents held for sale at December 31, 2018 and 2017 which were not immediately available for use. The following table provides amounts of cash and cash equivalents presented in the Consolidated Statement of Cash Flows (in millions): December 31, 2018 December 31, 2017 December 31, 2016 Cash and cash equivalents: Cash and cash equivalents - continuing operations $ 368.0 $ 626.5 $ 428.5 Cash and cash equivalents - held for sale 4.1 3.6 73.4 Total cash and cash equivalents: $ 372.1 $ 630.1 $ 501.9
Inventories	Inventories. Inventories are stated at the lower of cost or net realizable value (“NRV”). Cost is determined by the average cost and first-in, first-out (“FIFO”) methods (approximately 11% and 89% , respectively). In valuing inventory, the Company is required to make assumptions regarding the level of reserves required to value potentially obsolete or over-valued items at the lower of cost or NRV. These assumptions require the Company to analyze aging of and forecasted demand for its inventory, forecasted future product sales prices, pricing trends and margins, and to make judgments and estimates regarding obsolete or excess inventory. Future product sales prices, pricing trends and margins are based on the best available information at that time including actual orders received, negotiations with the Company’s customers for future orders, including their plans for expenditures, and market trends for similar products. The Company’s judgments and estimates for excess or obsolete inventory are based on analysis of actual and forecasted usage. The valuation of used equipment taken in trade from customers requires the Company to use the best information available to determine the value of the equipment to potential customers. This value is subject to change based on numerous conditions. Inventory reserves are established taking into account age, frequency of use, or sale, and in the case of repair parts, installed base of machines. While calculations are made involving these factors, significant management judgment regarding expectations for future events is involved. Future events that could significantly influence the Company’s judgment and related estimates include general economic conditions in markets where the Company’s products are sold, new equipment price fluctuations, actions of the Company’s competitors, including introduction of new products and technological advances, as well as new products and design changes the Company introduces. The Company makes adjustments to its inventory reserves based on the identification of specific situations and increases its inventory reserves accordingly. As further changes in future economic or industry conditions occur, the Company may revise estimates that were used to calculate its inventory reserves. At December 31, 2018 and 2017 , reserves for lower of cost or NRV, excess and obsolete inventory totaled $78.8 million and $85.8 million , respectively. If actual conditions are less favorable than those the Company has projected, the Company will increase its reserves for lower of cost or NRV, excess and obsolete inventory accordingly. Any increase in the Company’s reserves will adversely impact its results of operations. Establishment of a reserve for lower of cost or NRV, excess and obsolete inventory establishes a new cost basis in the inventory. Such reserves are not reduced until the product is sold. Shipping and handling costs for product shipments to customers are recorded in Cost of goods sold (“COGS”).
Debt Issuance Costs	Debt Issuance Costs. Debt issuance costs incurred in securing the Company’s financing arrangements are capitalized and amortized over the term of the associated debt. Debt issuance costs related to senior notes and term loans are presented in the balance sheet as a direct deduction from the carrying amount of the borrowing, consistent with debt discounts. Debt issuance costs related to securing the Company’s revolving line of credit are presented in Other assets. Debt issuance costs related to debt that is extinguished early are charged to expense at the time of retirement.
Intangible Assets	Intangible Assets. Intangible assets include purchased patents, trademarks, customer relationships and other specifically identifiable assets and are amortized on a straight-line basis over the respective estimated useful lives, which range from one to ninety-nine years. Intangible assets are reviewed for impairment when circumstances warrant.
Goodwill	Goodwill. Goodwill, representing the difference between total purchase price and fair value of assets (tangible and intangible) and liabilities at the date of acquisition, is reviewed for impairment annually, and more frequently as circumstances warrant, and written down only in the period in which the recorded value of such assets and liabilities exceeds fair value. The Company selected October 1 as the date for the required annual impairment test. Goodwill is tested for impairment at the reporting unit level, which is defined as an operating segment or a component of an operating segment that constitutes a business for which discrete financial information with similar economic characteristics is available and operating results are regularly reviewed by the Company’s chief operating decision maker. The Company has three reportable segments: Aerial Work Platforms (“AWP”), Cranes and Materials Processing (“MP”). All operating segments are comprised of one reporting unit. Only AWP and MP goodwill is tested for impairment as Cranes goodwill was fully impaired in 2016. The Company may elect to perform a qualitative analysis for our reporting units to determine whether it is more likely than not that fair value of the reporting unit is greater than its carrying value. If the qualitative analysis indicates that it is more likely than not that the fair value of a reporting unit is less than its carrying amount, or if the Company elects not to perform a qualitative analysis, the Company performs a quantitative analysis to determine whether a goodwill impairment exists. The quantitative goodwill impairment analysis is used to identify potential impairment by comparing fair value of a reporting unit with its carrying amount. The Company uses an income approach, along with other relevant market information, derived from a discounted cash flow model to estimate fair value of its reporting units. The aggregate fair value of the Company’s reporting units is compared to the Company’s market capitalization on the valuation date to assess its reasonableness. Initial recognition of goodwill, as well as the annual review of carrying value of goodwill, requires that the Company develop estimates of future business performance. These estimates are used to derive expected cash flows and include assumptions regarding future sales levels and the level of working capital needed to support a given business. The Company relies on data developed by business segment management as well as macroeconomic data in making these calculations. The discounted cash flow model also includes a determination of the Company’s weighted average cost of capital by reporting unit. Cost of capital is based on assumptions about interest rates as well as a risk-adjusted rate of return required by the Company’s equity investors. Changes in these estimates can impact present value of expected cash flows used in determining fair value of a reporting unit. An impairment charge for the amount by which the carrying amount exceeds the reporting unit’s fair value, if any, would be recognized. The loss recognized would not exceed total amount of goodwill allocated to that reporting unit.
Property, Plant and Equipment	Property, Plant and Equipment . Property, plant and equipment are stated at cost. Expenditures for major renewals and improvements are capitalized while expenditures for maintenance and repairs not expected to extend the life of an asset beyond its normal useful life are charged to expense when incurred. Plant and equipment are depreciated over the estimated useful lives ( 1 - 40 years and 2 - 20 years, respectively) of the assets under the straight-line method of depreciation for financial reporting purposes and both straight-line and other methods for tax purposes.
Impairment of Long-Lived Assets	Impairment of Long-Lived Assets. The Company’s policy is to assess the realizability of its long-lived assets, including definite-lived intangible assets, and to evaluate such assets for impairment whenever events or changes in circumstances indicate the carrying amount of such assets (or group of assets) may not be recoverable. Impairment is determined to exist if estimated future undiscounted cash flows are less than carrying value. If an impairment is indicated, assets are written down to their fair value, which is typically determined by a discounted cash flow analysis. Future cash flow projections include assumptions regarding future sales levels and the level of working capital needed to support the assets. The Company uses data developed by business segment management as well as macroeconomic data in making these calculations. There are no assurances that future cash flow assumptions will be achieved. The amount of any impairment then recognized would be calculated as the difference between estimated fair value and carrying value of the asset.
Accounts Receivable and Allowance for Doubtful Accounts	Accounts Receivable and Allowance for Doubtful Accounts. Trade accounts receivable are recorded at the invoiced amount and do not bear interest. The allowance for doubtful accounts is the Company’s best estimate of the amount of probable credit losses in its existing accounts receivable. The Company determines the allowance based on historical customer review and current financial conditions. The Company reviews its allowance for doubtful accounts at least quarterly. Account balances are charged off against the allowance when the Company determines it is probable the receivable will not be recovered. There can be no assurance that the Company’s historical accounts receivable collection experience will be indicative of future results. The Company has off-balance sheet credit exposure related to guarantees provided to financial institutions as disclosed in Note Q – “Litigation and Contingencies.” Substantially all receivables were trade receivables at December 31, 2018 and 2017 . Pursuant to terms of the Company’s trade accounts receivable factoring arrangements, certain of the Company’s subsidiaries may sell their trade accounts receivable. In certain cases, the Company continues to service such accounts. These trade receivables qualify for sales treatment under Accounting Standards Codification (“ASC”) 860, “Transfers and Servicing” (“ASC 860”) and accordingly, the proceeds are included in net cash provided by operating activities.
Revenue Recognition	Revenue Recognition. The Company recognizes revenue when goods or services are transferred to customers in an amount that reflects the consideration which it expects to receive in exchange for those goods or services. In determining when and how revenue is recognized from contracts with customers, the Company performs the following five-step analysis: (i) identification of contract with customer; (ii) determination of performance obligations; (iii) measurement of the transaction price; (iv) allocation of the transaction price to the performance obligations; and (v) recognition of revenue when (or as) the Company satisfies each performance obligation. In the United States, we have the ability to enter into a security agreement and receive a security interest in the product by filing an appropriate Uniform Commercial Code (“UCC”) financing statement. However, a significant portion of our revenue is generated outside of the United States. In many countries outside of the United States, as a matter of statutory law, a seller retains title to a product until payment is made. The laws do not provide for a seller’s retention of a security interest in goods in the same manner as established in the UCC. In these countries, we retain title to goods delivered to a customer until the customer makes payment so that we can recover the goods in the event of customer default on payment. The Company considers the following events in order to determine when it is appropriate to recognize revenue: (i) the customer has physical possession of the product; (ii) the customer has legal title to the product; (iii) the customer has assumed the risks and rewards of ownership and (iv) the customer has communicated acceptance of the product. These events serve as indicators, along with the details contained within the contract, that it is appropriate to recognize revenue. The Company generates revenue through the sale of machines, parts and service, and extended warranties. Revenue from product sales is recorded when the performance obligation is fulfilled, usually at the time of shipment, at the net sales price (transaction price). Estimates of variable consideration, such as volume discounts and rebates, reduce transaction price when it is probable that a customer will attain these types of sales incentives. These estimates are primarily derived from contractual terms and historical experience. The Company elected to present revenue net of sales tax and other similar taxes and account for shipping and handling as activities to fulfill the promise to transfer goods rather than separate performance obligations. Payments are typically due either 30 or 60 days, depending on geography, following delivery of products or completion of services. Revenue from extended warranties is recognized over time on a straight line basis because the customer benefits evenly from the extended warranty throughout the period; beginning upon expiration of the standard warranty and through end of the term. Revenue from services is recognized based on cost input method as the time and materials used in the repair portrays the most accurate depiction of completion of the performance obligation. During the full year ended December 31, 2018, revenues generated from the sale of extended warranties and services were an immaterial portion of revenue. The Company sells equipment subject to leases and related lease payments. Income from operating leases is recognized ratably over the lease term. Revenue from sales-type leases is recognized at the inception of the lease.
Guarantees	Guarantees . The Company records a liability for the estimated fair value of guarantees issued pursuant to ASC 460. The Company recognizes a loss under a guarantee when its obligation to make payment under the guarantee is probable and the amount of the loss can be estimated. A loss would be recognized if the Company’s payment obligation under the guarantee exceeds the value it can expect to recover to offset such payment, primarily through the sale of the equipment underlying the guarantee.
Accrued Warranties	Accrued Warranties . The Company records accruals for potential warranty claims based on its claim experience. The Company’s products are typically sold with a standard warranty covering defects that arise during a fixed period. Each business provides a warranty specific to the products it offers. The specific warranty offered by a business is a function of customer expectations and competitive forces. Warranty length is generally a fixed period of time, a fixed number of operating hours, or both. A liability for estimated warranty claims is accrued at the time of sale. The non-current portion of the warranty accrual is included in Other non-current liabilities in the Company’s Consolidated Balance Sheet. The liability is established using historical warranty claims experience for each product sold. Historical claims experience may be adjusted for known design improvements or for the impact of unusual product quality issues. Warranty reserves are reviewed quarterly to ensure critical assumptions are updated for known events that may affect the potential warranty liability.
Accrued Product Liability	Accrued Product Liability. The Company records accruals for product liability claims when deemed probable and estimable based on facts and circumstances, and prior claims experience. Accruals for product liability claims are valued based upon the Company’s prior claims experience, including consideration of jurisdiction, circumstances of the accident, type of loss or injury, identity of plaintiff, other potential responsible parties, analysis of outside legal counsel, analysis of internal product liability counsel and experience of the Company’s product safety employees. Actual product liability costs could be different due to a number of variables such as the decisions of juries or judges.
Defined Benefit Pension and Other Postretirement Benefits	Defined Benefit Pension and Other Post-retirement Benefits. The Company provides post-retirement benefits to certain former salaried and hourly employees and certain hourly employees covered by bargaining unit contracts that provide such benefits. The Company accounts for these benefits under ASC 715, “Compensation-Retirement Benefits” (“ASC 715”). ASC 715 requires balance sheet recognition of the overfunded or underfunded status of pension and post-retirement benefit plans. Under ASC 715, actuarial gains and losses, prior service costs or credits, and any remaining transition assets or obligations that have not been recognized under previous accounting standards must be recognized in Accumulated other comprehensive income, net of tax effects, until they are amortized as a component of net periodic benefit cost.
Deferred Compensation	Deferred Compensation. The Company maintains a deferred compensation plan, which is described more fully in Note O – “Retirement Plans and Other Benefits.” The Company’s common stock held in a rabbi trust pursuant to the Company’s deferred compensation plan, is treated in a manner similar to treasury stock and is recorded at cost within Stockholders’ equity as of December 31, 2018 and 2017 . The plan obligations for participant deferrals in common stock are classified as Additional paid-in capital and deferrals in the bond fund investment are classified as Accrued compensation and benefits and Other non-current liabilities in the Consolidated Balance Sheet. The total of common stock required to settle this deferred compensation obligation is included in the denominator in both basic and diluted earnings per share calculations.
Stock-Based Compensation	Stock-Based Compensation . At December 31, 2018 , the Company had stock-based employee compensation plans, which are described more fully in Note P – “Stockholders’ Equity.” The Company accounts for those plans under the recognition and measurement principles of ASC 718, “Compensation–Stock Compensation” (“ASC 718”). ASC 718 requires that expense resulting from all share-based payment transactions be recognized in the financial statements at fair value. The Company recognizes forfeitures as they occur.
Foreign Currency Translation	Foreign Currency Translation. Assets and liabilities of the Company’s non-U.S. operations are translated at year-end exchange rates. Income and expenses are translated at average exchange rates during the year. For operations whose functional currency is the local currency, translation adjustments are recorded in the Accumulated other comprehensive income component of Stockholders’ equity. Gains or losses resulting from foreign currency transactions are recorded in the accounts based on the underlying transaction.
Derivatives	Derivatives. Derivative financial instruments are recorded in the Consolidated Balance Sheet at their fair value as either assets or liabilities. Changes in the fair value of derivatives are recorded each period in earnings or Accumulated other comprehensive income, depending on whether a derivative is designated and effective as part of a hedge transaction and, if it is, the type of hedge transaction. Gains and losses on derivative instruments reported in Accumulated other comprehensive income are included in earnings in the periods in which earnings are affected by the hedged item.
Environmental Policies	Environmental Policies. Environmental expenditures that relate to current operations are either expensed or capitalized depending on the nature of the expenditure. Expenditures relating to conditions caused by past operations that do not contribute to current or future revenue generation are expensed. Liabilities are recorded when environmental assessments and/or remedial actions are probable and the costs can be reasonably estimated.
Research and Development Costs	Research, Development and Engineering Costs. Research, development and engineering costs are expensed as incurred. Such costs incurred in the development of new products or significant improvements to existing products are included in SG&A.
Income Taxes	Income Taxes . The Company accounts for income taxes using the asset and liability method. This method requires the recognition of deferred tax assets and liabilities for the expected future tax consequences of temporary differences between financial statement carrying amounts and the tax bases of assets and liabilities.
Earnings Per Share	Earnings Per Share. Basic earnings (loss) per share is computed by dividing Net income (loss) attributable to Terex Corporation for the period by the weighted average number of shares of common stock outstanding. Diluted earnings (loss) per share is computed by dividing Net income (loss) attributable to Terex Corporation for the period by the weighted average number of shares of common stock outstanding and potential dilutive common shares.
Fair Value Measurements	Fair Value Measurements. Assets and liabilities measured at fair value on a recurring basis under the provisions of ASC 820, “Fair Value Measurement and Disclosure” (“ASC 820”), include foreign exchange contracts, cross currency and commodity swaps and a debt conversion feature on a convertible promissory note discussed in Note K – “Derivative Financial Instruments”, debt discussed in Note M – “Long-Term Obligations” and defined benefit plan assets discussed in Note O – “Retirement Plans and Other Benefits”. These instruments are valued using a market approach, which uses prices and other relevant information generated by market transactions involving identical or comparable assets or liabilities. ASC 820 establishes a fair value hierarchy for those instruments measured at fair value that distinguishes between assumptions based on market data (observable inputs) and the Company’s assumptions (unobservable inputs). The hierarchy consists of three levels: Level 1 – Unadjusted quoted prices in active markets that are accessible at the measurement date for identical, unrestricted assets or liabilities; Level 2 – Quoted prices in markets that are not active, or inputs which are observable, either directly or indirectly, for substantially the full term of the asset or liability; and Level 3 – Prices or valuation techniques that require inputs that are both significant to the fair value measurement and unobservable (i.e. supported by little or no market activity). Determining which category an asset or liability falls within this hierarchy requires judgment. The Company evaluates its hierarchy disclosures each quarter.
Recently Issued Accounting Pronouncements	Recently Issued Accounting Standards Accounting Standards Implemented in 2018 In May 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standard Update (“ASU”) 2014-09, “Revenue from Contracts with Customers (Topic 606),” (“ASU 2014-09”). ASU 2014-09 outlines a new, single comprehensive model for entities to use in accounting for revenue arising from contracts with customers and supersedes most current revenue recognition guidance, including industry-specific guidance. This new revenue recognition model provides a five-step analysis in determining when and how revenue is recognized. The new model requires revenue recognition to depict the transfer of promised goods or services to customers in an amount that reflects the consideration a company expects to receive. ASU 2014-09 also requires additional disclosure about the nature, amount, timing and uncertainty of revenue and cash flows arising from customer contracts, including significant judgments and changes in judgments and assets recognized from costs incurred to obtain or fulfill a contract. Subsequently, the FASB issued the following standards related to ASU 2014-09: ASU 2016-08, “Revenue from Contracts with Customers (Topic 606), Principal versus Agent Considerations (Reporting Revenue Gross versus Net),” (“ASU 2016-08”); ASU 2016-10, “Revenue from Contracts with Customers (Topic 606), Identifying Performance Obligations and Licensing,” (“ASU 2016-10”); ASU 2016-12, “Revenue from Contracts with Customers (Topic 606) Narrow-Scope Improvements and Practical Expedients,” (“ASU 2016-12”); and ASU 2016-20, “Technical Corrections and Improvements to Topic 606, Revenue from Contracts with Customers,” (“ASU 2016-20”), which provided additional guidance and clarity to ASU 2014-09 (collectively, the “New Revenue Standards”). The Company adopted the New Revenue Standards on January 1, 2018 using the modified retrospective approach and elected the significant financing component and costs of obtaining a contract practical expedients. Adoption of the New Revenue Standards did not have a material effect on the Company’s consolidated financial statements. The Company’s revenue recognition policy adopted as a result of the New Revenue Standards is presented above. In January 2016, the FASB issued ASU 2016-01, "Financial Instruments-Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities," (“ASU 2016-01”). The amendments in ASU 2016-01, among other things, require equity investments (except those accounted for under the equity method of accounting, or those that result in consolidation of the investee) to be measured at fair value with changes in fair value recognized in net income; require public business entities to use the exit price notion when measuring fair value of financial instruments for disclosure purposes; require separate presentation of financial assets and financial liabilities by measurement category and form of financial asset (i.e., securities or loans and receivables); and eliminate the requirement for public business entities to disclose the method(s) and significant assumptions used to estimate fair value that is required to be disclosed for financial instruments measured at amortized cost. The Company adopted ASU 2016-01 on January 1, 2018. Adoption did not have a material effect on the Company’s consolidated financial statements. In October 2016, the FASB issued ASU 2016-16, “Income Taxes (Topic 740) - Intra-Entity Transfer of Assets Other than Inventory,” (“ASU 2016-16”). ASU 2016-16 requires recognition of current and deferred income taxes resulting from an intra-entity transfer of any asset (excluding inventory) when the transfer occurs. This is a change from existing U.S. generally accepted accounting principles which prohibits recognition of current and deferred income taxes until the asset is sold to a third party. The Company adopted ASU 2016-16 on January 1, 2018. Adoption did not have a material effect on the Company’s consolidated financial statements. In November 2016, the FASB issued ASU 2016-18, “Statement of Cash Flows (Topic 230) - Restricted Cash,” (“ASU 2016-18”). ASU 2016-18 requires a statement of cash flows to explain the change during the period in the total of cash, cash equivalents, and amounts generally described as restricted cash or restricted cash equivalents. Amounts generally described as restricted cash and restricted cash equivalents should be included with cash and cash equivalents when reconciling the beginning-of-period and end-of-period total amounts shown on the statement of cash flows. The Company adopted ASU 2016-18 on January 1, 2018. Adoption did not have a material effect on the Company’s consolidated financial statements. In January 2017, the FASB issued ASU 2017-01, “Business Combinations (Topic 805): Clarifying the Definition of a Business,” (“ASU 2017-01”). ASU 2017-01 provides guidance in ascertaining whether a collection of assets and activities is considered a business. The Company adopted ASU 2017-01 on January 1, 2018. Adoption did not have a material effect on the Company’s consolidated financial statements. In January 2017, the FASB issued ASU 2017-04, “Intangibles - Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment,” (“ASU 2017-04”). ASU 2017-04 eliminates Step 2 from the goodwill impairment test. Instead, an entity should perform its annual, or interim, goodwill impairment test by comparing fair value of a reporting unit with its carrying amount. An entity should recognize an impairment charge for the amount by which the carrying amount exceeds the reporting unit’s fair value, if any. The loss recognized should not exceed total amount of goodwill allocated to that reporting unit. Additionally, an entity should consider income tax effects from any tax deductible goodwill on the carrying amount of the reporting unit when measuring goodwill impairment. The Company early adopted ASU 2017-04 on January 1, 2018. Adoption did not have a material effect on the Company’s consolidated financial statements. In February 2017, the FASB issued ASU 2017-05, “Other Income-Gains and Losses from the Derecognition of Nonfinancial Assets (Subtopic 610-20): Clarifying the Scope of Asset Derecognition Guidance and Accounting for Partial Sales of Nonfinancial Assets,” (“ASU 2017-05”). ASU 2017-05 is meant to clarify the scope of ASC Subtopic 610-20, “Other Income-Gains and Losses from the Derecognition of Nonfinancial Assets” and to add guidance for partial sales of nonfinancial assets. The Company adopted ASU 2017-05 on January 1, 2018 using the modified retrospective approach. Adoption did not have a material effect on the Company’s consolidated financial statements. In March 2017, the FASB issued ASU 2017-07, “Compensation - Retirement Benefits (Topic 715): Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost,” (“ASU 2017-07”) . ASU 2017-07 changes how employers that sponsor defined benefit pension plans and other postretirement plans present net periodic benefit cost in the income statement. An employer is required to report the service cost component in the same line item or items as other compensation costs arising from services rendered by pertinent employees during the period. Other components of net benefit cost are required to be presented in the income statement separately from the service cost component and outside a subtotal of income from operations. The amendment also allows only the service cost component to be eligible for capitalization, when applicable. The Company adopted ASU 2017-07 on January 1, 2018. Adoption did not have a material effect on the Company’s consolidated financial statements. In May 2017, the FASB issued ASU 2017-09, “Compensation-Stock Compensation (Topic 718): Scope of Modification Accounting,” (“ASU 2017-09”). ASU 2017-09 clarifies when changes to the terms or conditions of a share-based payment award must be accounted for as modifications. The new guidance reduces diversity in practice and results in fewer changes to the terms of an award being accounted for as modifications. Under ASU 2017-09, an entity will not apply modification accounting to a share-based payment award if the award’s fair value, vesting conditions and classification as an equity or liability instrument are the same immediately before and after the change. The Company adopted ASU 2017-09 on January 1, 2018. Adoption did not have a material effect on the Company’s consolidated financial statements. In August 2017, the FASB issued ASU 2017-12, “Derivatives and Hedging (Topic 815): Targeted Improvements to Accounting for Hedging Activities,” (“ASU 2017-12”). ASU 2017-12 expands an entity’s ability to apply hedge accounting for nonfinancial and financial risk components and allows for a simplified approach for fair value hedging of interest rate risk. ASU 2017-12 eliminates the need to separately measure and report hedge ineffectiveness and generally requires the entire change in fair value of a hedging instrument to be presented in the same income statement line as the hedged item. Additionally, ASU 2017-12 simplifies the hedge documentation and effectiveness assessment requirements under the previous guidance. During the third quarter of 2018, the Company early adopted ASU 2017-12 effective January 1, 2018. Adoption did not have a material effect on the Company’s consolidated financial statements. In February 2018, the FASB issued ASU 2018-03, “Technical Corrections and Improvements to Financial Instruments - Overall (Subtopic 825-10) Recognition and Measurement of Financial Assets and Financial Liabilities,” (“ASU 2018-3”). ASU 2018-03 clarifies certain aspects of the guidance issued in ASU 2016-01. During the second quarter of 2018, the Company early adopted ASU 2018-03 effective January 1, 2018. Adoption did not have a material effect on the Company’s consolidated financial statements. Accounting Standards to be Implemented In February 2016, the FASB issued ASU 2016-02, “Leases (Topic 842),” (“ASU 2016-02”). The new standard establishes a right-of-use (“ROU”) model that requires a lessee to recognize an ROU asset and lease liability on the balance sheet for all leases with a term longer than 12 months and requires the disclosure of key information about leasing arrangements. Leases will be classified as finance or operating, with classification affecting the subsequent expense pattern and presentation of expense recognition in the income statement. Subsequently, the FASB issued the following standards related to ASU 2016-02: ASU 2018-01, “Land Easement Practical Expedient for Transition to Topic 842,”, ASU 2018-10, “Codification Improvements to Topic 842, Leases”, ASU 2018-11, “Leases (Topic 842): Targeted Improvements” (“ASU 2018-11”) and ASU 2018-20, “Narrow-Scope Improvements for Lessors”, which provided additional guidance and clarity to ASU 2016-02 (collectively, the “New Lease Standard”). The Company plans to adopt the New Lease Standard in the first quarter of fiscal year 2019 under the alternative transition method permitted by ASU 2018-11. This transition method allows an entity to initially apply the requirements of the New Lease Standard at the adoption date, versus at the beginning of the earliest period presented, and recognize a cumulative-effect adjustment to the opening balance of retained earnings in the period of adoption. The New Lease Standard provides a number of optional practical expedients in transition. The Company expects to elect the transition package of practical expedients, the practical expedient to not separate lease and non-lease components for all of its leases, the short-term lease recognition exemption for all of its leases that qualify and the land easement practical expedient; it does not plan to elect the use of hindsight practical expedient. The Company expects that the adoption of the New Lease Standard will have a material effect on its consolidated financial statements due to the recognition of ROU assets and lease liabilities on the consolidated balance sheet. The Company continues to assess changes to its business processes, systems and controls to support accounting for leases under the new standard which includes implementation of its newly acquired global lease accounting system. In June 2016, the FASB issued ASU 2016-13, “Financial Instruments - Credit Losses,” (“ASU 2016-13”). ASU 2016-13 sets forth a “current expected credit loss” model which requires the Company to measure all expected credit losses for financial instruments held at the reporting date based on historical experience, current conditions and reasonable supportable forecasts. The guidance in this new standard replaces the existing incurred loss model and is applicable to the measurement of credit losses on financial assets measured at amortized cost and applies to some off-balance sheet credit exposures. Subsequently, the FASB issued ASU 2018-19, “Codification Improvements to Topic 326, Financial Instruments - Credit Losses” which provided additional guidance and clarity to ASU 2016-13 (collectively, the “New Credit Loss Standard”). The effective date will be the first quarter of fiscal year 2020 and early adoption is permitted after 2018. The New Credit Loss Standard will be applied using a modified retrospective approach. The Company is evaluating the impact that adoption of this new standard will have on its consolidated financial statements. In February 2018, the FASB issued ASU 2018-02, “Income Statement - Reporting Comprehensive Income (Topic 220): Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income,” (“ASU 2018-02”). ASU 2018-02 allows reclassification from accumulated other comprehensive income to retained earnings for stranded tax effects resulting from H.R. 1 “An Act to provide for reconciliation pursuant to titles II and V of the concurrent resolution on the budget for fiscal year 2018” (the “2017 Federal Tax Act”). The effective date will be the first quarter of fiscal year 2019. Adoption is not expected to have a material effect on the Company’s consolidated financial statements. In July 2018, the FASB issued ASU 2018-09, “Codification Improvements,” (“ASU 2018-09”). ASU 2018-09 provides technical corrections, clarifications and other improvements across a variety of accounting topics. Certain amendments were applicable immediately while others provide transition guidance and are effective in the first quarter of fiscal year 2019. The guidance applicable immediately did not have a material impact on the Company's consolidated financial statements. Adoption of amendments with transition guidance are not expected to have a material effect on the Company’s consolidated financial statements. In August 2018, the FASB issued ASU 2018-13, “Fair Value Measurement (Topic 820), - Disclosure Framework - Changes to the Disclosure Requirements for Fair Value Measurement,” (“ASU 2018-13”). ASU 2018-13 improves the effectiveness of fair value measurement disclosures by removing or modifying certain disclosure requirements and adding others. The effective date will be the first quarter of fiscal year 2020 and early adoption is permitted. Adoption is not expected to have a material effect on the Company’s consolidated financial statements. In August 2018, the FASB issued ASU 2018-14, “Compensation - Retirement Benefits - Defined Benefit Plans - General (Subtopic 715-20): Disclosure Framework - Changes to the Disclosure Requirements for Defined Benefit Plans,” (“ASU 2018-14”). ASU 2018-14 adds, removes and clarifies disclosure requirements related to defined benefit pension plans and other postretirement plans. The effective date will be the first quarter of fiscal year 2021 and early adoption is permitted. The Company is evaluating the impact that adoption of this new standard will have on its consolidated financial statements. In August 2018, the FASB issued ASU 2018-15, “Intangible-Goodwill and Other - Internal-Use Software (Subtopic 350-40), Customer’s Accounting for Implementation Costs Incurred in a Cloud Computing Arrangement That Is a Service Contract,” (“ASU 2018-15”). ASU 2018-15 aligns the requirements for capitalizing implementation costs incurred in a hosting arrangement that is a service contract with the requirements for capitalizing implementation costs incurred to develop or obtain internal-use software. The effective date will be the first quarter of fiscal year 2020 and early adoption is permitted. The Company is evaluating the impact that adoption of this new standard will have on its consolidated financial statements. In October 2018, the FASB issued ASU 2018-17, “Targeted Improvements to Related Party Guidance for Variable Interest Entities” (“ASU 2018-17”). ASU 2018-17 expands certain discussions in the variable interest entities guidance and provides that an indirect interest held through related parties in common control arrangements should be considered on a proportional basis for determining whether fees paid to decision makers and service providers are a variable interest. The effective date will be the first quarter of fiscal year 2020 and early adoption is permitted. Adoption is not expected to have a material effect on the Company’s consolidated financial statements.

BASIS OF PRESENTATION (Tables)

BASIS OF PRESENTATION (Tables)	12 Months Ended
	Dec. 31, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Schedule of Cash and Cash Equivalents	The following table provides amounts of cash and cash equivalents presented in the Consolidated Statement of Cash Flows (in millions): December 31, 2018 December 31, 2017 December 31, 2016 Cash and cash equivalents: Cash and cash equivalents - continuing operations $ 368.0 $ 626.5 $ 428.5 Cash and cash equivalents - held for sale 4.1 3.6 73.4 Total cash and cash equivalents: $ 372.1 $ 630.1 $ 501.9
Consolidated current and non-current product warranty liability	The following table summarizes the changes in the consolidated product warranty liability (in millions): Balance as of December 31, 2016 $ 59.8 Accruals for warranties issued during the period 50.1 Changes in estimates 2.5 Settlements during the year (62.0 ) Foreign exchange effect/other 2.2 Balance as of December 31, 2017 52.6 Accruals for warranties issued during the period 61.1 Changes in estimates 0.3 Settlements during the year (57.5 ) Foreign exchange effect/other (3.0 ) Balance as of December 31, 2018 $ 53.5

BUSINESS SEGMENT INFORMATION (T

BUSINESS SEGMENT INFORMATION (Tables)	12 Months Ended
	Dec. 31, 2018
Segment Reporting [Abstract]
Schedule of business segment information	Business segment information is presented below (in millions): Year Ended December 31, 2018 2017 2016 Net Sales AWP $ 2,559.7 $ 2,071.5 $ 1,977.8 Cranes 1,315.0 1,194.0 1,274.5 MP 1,256.8 1,072.5 944.5 Corporate and Other / Eliminations (6.5 ) 25.4 246.3 Total $ 5,125.0 $ 4,363.4 $ 4,443.1 Income (loss) from Operations AWP $ 261.0 $ 170.3 $ 177.4 Cranes (45.3 ) (14.1 ) (318.5 ) MP 167.5 125.1 86.6 Corporate and Other / Eliminations (89.9 ) (101.4 ) (87.3 ) Total $ 293.3 $ 179.9 $ (141.8 ) Depreciation and Amortization AWP $ 17.8 $ 19.4 $ 19.9 Cranes 19.4 19.2 21.5 MP 7.2 7.3 6.9 Corporate 15.3 20.2 26.0 Total $ 59.7 $ 66.1 $ 74.3 Capital Expenditures AWP $ 28.7 $ 14.1 $ 17.1 Cranes 34.8 15.2 13.2 MP 32.7 6.3 7.5 Corporate 7.6 7.9 20.3 Total $ 103.8 $ 43.5 $ 58.1 Sales between segments are generally priced to recover costs plus a reasonable markup for profit, which is eliminated in consolidation. December 31, 2018 2017 Identifiable Assets AWP $ 1,634.0 $ 1,358.5 Cranes 1,541.0 1,685.7 MP 1,071.3 1,219.5 Corporate and Other / Eliminations (760.4 ) (801.2 ) Total $ 3,485.9 $ 3,462.5
Schedule of Disclosure on Geographic Areas, Long-Lived Assets in Individual Foreign Countries by Country	December 31, 2018 2017 Long-lived Assets United States $ 193.5 $ 178.7 United Kingdom 61.4 37.0 Germany 38.2 42.2 Other European countries 18.8 16.6 All other 33.7 36.5 Total $ 345.6 $ 311.0
Schedule of Revenue from External Customers Attributed to Foreign Countries by Geographic Area	Geographic Net Sales information is presented below (in millions): Year Ended December 31, 2018 AWP Cranes MP Corporate and Other / Eliminations Total Net Sales by Region North America $ 1,621.4 $ 612.0 $ 518.4 $ 73.8 $ 2,825.6 Western Europe 529.8 266.7 381.8 0.7 1,179.0 Asia-Pacific 256.9 179.9 207.9 1.5 646.2 Rest of World (1) 151.6 256.4 148.7 (82.5 ) 474.2 Total $ 2,559.7 $ 1,315.0 $ 1,256.8 $ (6.5 ) $ 5,125.0 (1) Includes intercompany sales and eliminations . Year Ended December 31, 2017 AWP Cranes MP Corporate and Other / Eliminations Total Net Sales by Region North America $ 1,244.9 $ 501.1 $ 507.0 $ 102.1 $ 2,355.1 Western Europe 404.1 303.8 282.6 18.8 1,009.3 Asia-Pacific 242.6 180.6 160.4 12.2 595.8 Rest of World (1) 179.9 208.5 122.5 (107.7 ) 403.2 Total $ 2,071.5 $ 1,194.0 $ 1,072.5 $ 25.4 $ 4,363.4 (1) Includes intercompany sales and eliminations . Year Ended December 31, 2016 AWP Cranes MP Corporate and Other / Eliminations Total Net Sales by Region North America $ 1,181.2 $ 506.9 $ 464.3 $ 106.3 $ 2,258.7 Western Europe 392.1 362.5 249.1 191.0 1,194.7 Asia-Pacific 239.5 178.0 106.4 31.7 555.6 Rest of World (1) 165.0 227.1 124.7 (82.7 ) 434.1 Total $ 1,977.8 $ 1,274.5 $ 944.5 $ 246.3 $ 4,443.1 (1) Includes intercompany sales and eliminations . The Company attributes sales to unaffiliated customers in different geographical areas based on the location of the customer. Year Ended December 31, 2018 AWP Cranes MP Corporate and Other / Eliminations Total Net Sales by Product Type Aerial Work Platforms $ 2,128.5 $ — $ — $ 3.5 $ 2,132.0 Mobile Cranes — 768.2 — 5.6 773.8 Materials Processing Equipment — — 877.0 0.1 877.1 Other (1) 431.2 546.8 379.8 (15.7 ) 1,342.1 Total $ 2,559.7 $ 1,315.0 $ 1,256.8 $ (6.5 ) $ 5,125.0 (1) Includes other product types, intercompany sales and eliminations. Year Ended December 31, 2017 AWP Cranes MP Corporate and Other / Eliminations Total Net Sales by Product Type Aerial Work Platforms $ 1,718.0 $ — $ — $ 2.7 $ 1,720.7 Mobile Cranes — 691.9 — 2.0 693.9 Materials Processing Equipment — — 726.9 — 726.9 Other (1) 353.5 502.1 345.6 (12.6 ) 1,188.6 Compact Construction Equipment (2) — — — 33.3 33.3 Total $ 2,071.5 $ 1,194.0 $ 1,072.5 $ 25.4 $ 4,363.4 (1) Includes other product types, intercompany sales and eliminations. (2) Remaining Compact Construction product lines divested in 2017. Year Ended December 31, 2016 AWP Cranes MP Corporate and Other / Eliminations Total Net Sales by Product Type Aerial Work Platforms $ 1,635.2 $ — $ — $ 3.3 $ 1,638.5 Mobile Cranes 5.4 746.0 — 1.4 752.8 Materials Processing Equipment — — 640.6 0.2 640.8 Other (1) 328.3 528.5 303.9 (25.0 ) 1,135.7 Compact Construction Equipment (2) 8.9 — — 266.4 275.3 Total $ 1,977.8 $ 1,274.5 $ 944.5 $ 246.3 $ 4,443.1 (1) Includes other product types, intercompany sales and eliminations. (2) Remaining Compact Construction product lines divested in 2017.

INCOME TAXES INCOME TAXES (Tabl

INCOME TAXES INCOME TAXES (Tables)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Income Tax Disclosure [Abstract]
Schedule of Income before Income Tax, Domestic and Foreign	The components of income (loss) from continuing operations before income taxes are as follows (in millions): Year Ended December 31, 2018 2017 2016 United States $ (57.0 ) $ (36.3 ) $ (29.9 ) Foreign 205.7 148.3 (240.8 ) Income (loss) from continuing operations before income taxes $ 148.7 $ 112.0 $ (270.7 )
Schedule of Components of Income Tax Expense (Benefit)	The major components of the Company’s provision for (benefit from) income taxes on continuing operations before income taxes are summarized below (in millions): Year Ended December 31, 2018 2017 2016 Current: Federal $ 12.1 $ (14.5 ) $ 31.5 State 1.4 2.0 6.2 Foreign 33.0 26.8 38.2 Current income tax provision (benefit) 46.5 14.3 75.9 Deferred: Federal (15.9 ) 37.4 (27.0 ) State 1.2 (0.5 ) (1.4 ) Foreign 5.6 0.8 (124.9 ) Deferred income tax (benefit) provision (9.1 ) 37.7 (153.3 ) Total provision for (benefit from) income taxes $ 37.4 $ 52.0 $ (77.4 )
Schedule of Deferred Tax Assets and Liabilities	The tax effects of the basis differences and loss carry forwards as of December 31, 2018 and 2017 for continuing operations are summarized below for major balance sheet captions (in millions): 2018 2017 Property, plant and equipment $ (4.6 ) $ (8.8 ) Intangibles (5.0 ) (5.7 ) Inventories 10.0 13.9 Accrued warranties and product liability 9.0 7.8 Loss carry forwards 197.2 218.4 Retirement plans 18.1 21.5 Accrued compensation and benefits 34.0 28.9 Other 3.6 21.1 Deferred tax assets valuation allowance (115.4 ) (136.4 ) Net deferred tax assets (liabilities) $ 146.9 $ 160.7
Schedule of Effective Income Tax Rate Reconciliation	The Company’s Provision for (benefit from) income taxes is different from the amount that would be provided by applying the statutory federal income tax rate to the Company’s Income (loss) from continuing operations before income taxes. The reasons for the difference are summarized as follows (in millions): Year Ended December 31, 2018 2017 2016 Tax at statutory federal income tax rate $ 31.2 $ 39.2 $ (94.7 ) State taxes 2.0 1.0 3.1 Change in valuation allowance (15.0 ) (2.8 ) (47.7 ) Foreign tax differential on income/losses of foreign subsidiaries 5.2 (20.1 ) (37.5 ) U.S. tax on multi-national operations 16.6 11.1 41.9 Tax effect of dispositions — (27.2 ) 2.1 2017 Federal Tax Act 5.5 46.9 (1) — Impairment loss on goodwill and intangible assets — — 52.4 Expired stock awards — 2.4 — Pension plan settlement (9.3 ) — — Other 1.2 1.5 3.0 Total provision for (benefit from) income taxes $ 37.4 $ 52.0 $ (77.4 )
Summary of Income Tax Contingencies		The following table summarizes the activity related to the Company’s total (including discontinued operations) unrecognized tax benefits (in millions). Balance as of January 1, 2016 $ 69.4 Additions for current year tax positions — Additions for prior year tax positions 6.3 Reductions for prior year tax positions (3.1 ) Reductions for current year tax positions — Reductions for expiration of statute of limitations (5.0 ) Settlements (7.8 ) Balance as of December 31, 2016 59.8 Additions for current year tax positions — Additions for prior year tax positions 12.3 Reductions for prior year tax positions (29.9 ) Reductions for current year tax positions — Reductions for expiration of statute of limitations (1.3 ) Settlements (6.8 ) Balance as of December 31, 2017 34.1 Additions for current year tax positions — Additions for prior year tax positions 6.1 Reductions for prior year tax positions (14.8 ) Reductions for current year tax positions — Reductions for expiration of statute of limitations (0.8 ) Settlements (11.1 ) Balance as of December 31, 2018 $ 13.5

DISCONTINUED OPERATIONS AND O_2

DISCONTINUED OPERATIONS AND OTHER DIVESTITURES (Tables)	12 Months Ended
	Dec. 31, 2018
Discontinued Operations and Disposal Groups [Abstract]
Schedule of discontinued operations presented in the Consolidated Financial Statements	The following amounts related to the discontinued operations of MHPS were derived from historical financial information and have been segregated from continuing operations and reported as discontinued operations in the Consolidated Statement of Income (Loss) (in millions): Year ended December 31, 2016 Net sales $ 1,398.2 Cost of sales (1,090.3 ) Selling, general and administrative expenses (266.8 ) Goodwill and intangible asset impairments (3.1 ) Net interest (expense) (2.3 ) Other income (expense) (11.5 ) Income (loss) from discontinued operations before income taxes 24.2 (Provision for) benefit from income taxes (9.9 ) Income (loss) from discontinued operations – net of tax 14.3 Net loss (income) attributable to noncontrolling interest (0.9 ) Income (loss) from discontinued operations - net of tax attributable to Terex Corporation $ 13.4 The following table provides supplemental cash flow information related to discontinued operations (in millions): Year Ended December 31, 2016 Non-cash operating items: Depreciation and amortization $ 22.4 Deferred taxes $ 15.8 Asset impairments $ 3.0 Investing activities: Capital expenditures $ (14.9 ) Gain (Loss) on Disposition of Discontinued Operations Year Ended December 31, 2018 2017 2016 MHPS Atlas Other Total MHPS Atlas Total Atlas Gain (loss) on disposition of discontinued operations $ (1.2 ) $ 3.2 $ — $ 2.0 $ 89.9 $ 3.5 $ 93.4 $ 4.5 (Provision for) benefit from income taxes (1.9 ) (0.5 ) 2.8 0.4 (24.2 ) (0.5 ) (24.7 ) (1.0 ) Gain (loss) on disposition of discontinued operations – net of tax $ (3.1 ) $ 2.7 $ 2.8 $ 2.4 $ 65.7 $ 3.0 $ 68.7 $ 3.5

EARNINGS PER SHARE (Tables)

EARNINGS PER SHARE (Tables)	12 Months Ended
	Dec. 31, 2018
Earnings Per Share [Abstract]
Schedule of earnings per share	For the year ended December 31, (in millions, except per share data) 2018 2017 2016 Income (loss) from continuing operations attributable to Terex Corporation common stockholders $ 111.3 $ 60.0 $ (193.0 ) Income (loss) from discontinued operations-net of tax — — 13.4 Gain (loss) on disposition of discontinued operations-net of tax 2.4 68.7 3.5 Net income (loss) attributable to Terex Corporation $ 113.7 $ 128.7 $ (176.1 ) Basic shares: Weighted average shares outstanding 75.4 92.8 107.9 Earnings (loss) per share - basic: Income (loss) from continuing operations $ 1.48 $ 0.65 $ (1.79 ) Income (loss) from discontinued operations-net of tax — — 0.13 Gain (loss) on disposition of discontinued operations-net of tax 0.03 0.74 0.03 Net income (loss) attributable to Terex Corporation $ 1.51 $ 1.39 $ (1.63 ) Diluted shares: Weighted average shares outstanding - basic 75.4 92.8 107.9 Effect of dilutive securities: Restricted stock awards 1.5 2.1 — Diluted weighted average shares outstanding 76.9 94.9 107.9 Earnings (loss) per share - diluted: Income (loss) from continuing operations $ 1.45 $ 0.63 $ (1.79 ) Income (loss) from discontinued operations-net of tax — — 0.13 Gain (loss) on disposition of discontinued operations-net of tax 0.03 0.73 0.03 Net income (loss) attributable to Terex Corporation $ 1.48 $ 1.36 $ (1.63 )
Schedule of noncontrolling interest attributable to common stockholders	The following table provides information to reconcile amounts reported on the Consolidated Statement of Income (Loss) to amounts used to calculate earnings per share attributable to Terex Corporation common stockholders (in millions) for the year ended December 31: Reconciliation of amounts attributable to common stockholders: 2018 2017 2016 Income (loss) from continuing operations $ 111.3 $ 60.0 $ (193.3 ) Net loss (income) from continuing operations attributable to noncontrolling interest — — 0.3 Income (loss) from continuing operations attributable to common stockholders $ 111.3 $ 60.0 $ (193.0 )

FINANCE RECEIVABLES (Tables)

FINANCE RECEIVABLES (Tables)	12 Months Ended
	Dec. 31, 2018
Receivables [Abstract]
Schedule of Accounts, Notes, Loans and Financing Receivable	Finance receivables, net consisted of the following (in millions): December 31, December 31, Commercial loans $ 154.1 $ 174.7 Sales-type leases 46.6 32.0 Total finance receivables, gross 200.7 206.7 Allowance for credit losses (5.5 ) (6.6 ) Total finance receivables, net $ 195.2 $ 200.1
Impaired Financing Receivables	The following table presents individually impaired finance receivables (in millions): December 31, 2018 December 31, 2017 Commercial Loans Sales-Type Leases Total Commercial Loans Sales-Type Leases Total Recorded investment $ 1.5 $ — $ 1.5 $ 6.0 $ — $ 6.0 Related allowance 0.6 — 0.6 2.4 — 2.4 Average recorded investment 2.4 — 2.4 3.7 — 3.7
Allowance for Credit Losses on Financing Receivables	The following table presents an analysis of the allowance for credit losses (in millions): Year Ended December 31, 2018 Year Ended December 31, 2017 Year Ended December 31, 2016 Commercial Loans Sales-Type Leases Total Commercial Loans Sales-Type Leases Total Commercial Loans Sales-Type Leases Total Balance, beginning of period $ 5.7 $ 0.9 $ 6.6 $ 5.9 $ 0.4 $ 6.3 $ 6.5 $ 0.8 $ 7.3 Provision for credit losses (0.5 ) 0.6 0.1 0.2 0.5 0.7 0.2 (0.2 ) — Charge offs (1.1 ) — (1.1 ) (0.4 ) — (0.4 ) (0.8 ) (0.2 ) (1.0 ) Recoveries (0.1 ) — (0.1 ) — — — — — — Balance, end of period $ 4.0 $ 1.5 $ 5.5 $ 5.7 $ 0.9 $ 6.6 $ 5.9 $ 0.4 $ 6.3 The allowance for credit losses and finance receivables by portfolio, segregated by those amounts that are individually evaluated for impairment and those that are collectively evaluated for impairment, was as follows (in millions): December 31, 2018 December 31, 2017 Allowance for credit losses, ending balance: Commercial Loans Sales-Type Leases Total Commercial Loans Sales-Type Leases Total Individually evaluated for impairment $ 0.6 $ — $ 0.6 $ 2.4 $ — $ 2.4 Collectively evaluated for impairment 3.4 1.5 4.9 3.3 0.9 4.2 Total allowance for credit losses $ 4.0 $ 1.5 $ 5.5 $ 5.7 $ 0.9 $ 6.6 Finance receivables, ending balance: Individually evaluated for impairment $ 1.5 $ — $ 1.5 $ 6.0 $ — $ 6.0 Collectively evaluated for impairment 152.6 46.6 199.2 168.7 32.0 200.7 Total finance receivables $ 154.1 $ 46.6 $ 200.7 $ 174.7 $ 32.0 $ 206.7
Past Due Financing Receivables	The following tables present analysis of aging of recorded investment in finance receivables (in millions): December 31, 2018 Current 31-60 days past due 61-90 days past due Greater than 90 days past due Total past due Total Finance Receivables Commercial loans $ 151.6 $ 0.1 $ — $ 2.4 $ 2.5 $ 154.1 Sales-type leases 46.4 0.2 — — 0.2 46.6 Total finance receivables $ 198.0 $ 0.3 $ — $ 2.4 $ 2.7 $ 200.7 December 31, 2017 Current 31-60 days past due 61-90 days past due Greater than 90 days past due Total past due Total Finance Receivables Commercial loans $ 168.7 $ 2.1 $ — $ 3.9 $ 6.0 $ 174.7 Sales-type leases 32.0 — — — — 32.0 Total finance receivables $ 200.7 $ 2.1 $ — $ 3.9 $ 6.0 $ 206.7
Financing Receivable Credit Quality Indicators	Finance receivables by risk rating (in millions): Rating December 31, 2018 December 31, 2017 Superior $ 8.4 $ 3.3 Above Average 32.3 31.8 Average 45.1 73.1 Below Average 104.7 79.6 Sub Standard 10.2 18.9 Total $ 200.7 $ 206.7

INVENTORIES (Tables)

INVENTORIES (Tables)	12 Months Ended
	Dec. 31, 2018
Inventory Disclosure [Abstract]
Schedule of inventories	Inventories consist of the following (in millions): December 31, 2018 2017 Finished equipment $ 532.7 $ 419.6 Replacement parts 173.3 163.3 Work-in-process 197.5 165.6 Raw materials and supplies 308.5 221.1 Inventories $ 1,212.0 $ 969.6

PROPERTY, PLANT AND EQUIPMENT (

PROPERTY, PLANT AND EQUIPMENT (Tables)	12 Months Ended
	Dec. 31, 2018
Property, Plant and Equipment [Abstract]
Schedule of property, plant and equipment	Property, plant and equipment – net consist of the following (in millions): December 31, 2018 2017 Property $ 48.2 $ 43.3 Plant 176.4 144.7 Equipment 489.0 479.3 Property, plant and equipment – gross 713.6 667.3 Less: Accumulated depreciation (368.0 ) (356.3 ) Property, plant and equipment – net $ 345.6 $ 311.0

EQUIPMENT SUBJECT TO OPERATIN_2

EQUIPMENT SUBJECT TO OPERATING LEASES (Tables)	12 Months Ended
	Dec. 31, 2018
Property Subject to or Available for Operating Lease, Net [Abstract]
Schedule of Future Minimum Lease Payments Receivable	Future minimum lease payments to be received under non-cancellable operating leases with lease terms in excess of one year are as follows (in millions): Years ending December 31, 2019 $ 3.9 2020 1.4 2021 0.9 2022 0.4 2023 0.1 $ 6.7

GOODWILL AND INTANGIBLE ASSET_2

GOODWILL AND INTANGIBLE ASSETS, NET (Tables)	12 Months Ended
	Dec. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of changes in goodwill by business segment	An analysis of changes in the Company’s goodwill by business segment is as follows (in millions): AWP Cranes MP Total Balance at December 31, 2016, gross $ 137.7 $ 179.3 $ 183.8 $ 500.8 Accumulated impairment (38.6 ) (179.3 ) (23.2 ) (241.1 ) Balance at December 31, 2016, net 99.1 — 160.6 259.7 Foreign exchange effect and other 2.5 — 11.4 13.9 Balance at December 31, 2017, gross 140.2 179.3 195.2 514.7 Accumulated impairment (38.6 ) (179.3 ) (23.2 ) (241.1 ) Balance at December 31, 2017, net 101.6 — 172.0 273.6 Foreign exchange effect and other (1.0 ) — (7.4 ) (8.4 ) Balance at December 31, 2018, gross 139.2 179.3 187.8 506.3 Accumulated impairment (38.6 ) (179.3 ) (23.2 ) (241.1 ) Balance at December 31, 2018, net $ 100.6 $ — $ 164.6 $ 265.2
Schedule of intangible assets by class	Intangible assets, net were comprised of the following as of December 31, 2018 and 2017 (in millions): December 31, 2018 December 31, 2017 Weighted Average Life Gross Carrying Amount Accumulated Amortization Net Carrying Amount Gross Carrying Amount Accumulated Amortization Net Carrying Amount Definite-lived intangible assets: Technology 7 $ 19.7 $ (17.3 ) $ 2.4 $ 18.8 $ (17.8 ) $ 1.0 Customer Relationships 20 32.6 (28.7 ) 3.9 33.2 (28.3 ) 4.9 Land Use Rights 81 4.4 (0.6 ) 3.8 4.8 (0.6 ) 4.2 Other 8 26.3 (23.2 ) 3.1 26.5 (22.8 ) 3.7 Total definite-lived intangible assets $ 83.0 $ (69.8 ) $ 13.2 $ 83.3 $ (69.5 ) $ 13.8
Finite-lived Intangible Assets Amortization Expense	For the Year Ended December 31, (in millions) 2018 2017 2016 Aggregate Amortization Expense $ 2.0 $ 2.0 $ 2.9
Schedule of intangible assets amortization expense	Estimated aggregate intangible asset amortization expense (in millions) for each of the next five years is as follows: 2019 $ 1.8 2020 $ 1.8 2021 $ 1.7 2022 $ 1.4 2023 $ 0.9

DERIVATIVE FINANCIAL INSTRUME_2

DERIVATIVE FINANCIAL INSTRUMENTS (Tables)	12 Months Ended
	Dec. 31, 2018
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of fair value of derivative instruments designated as hedging instruments that are reported in the Consolidated Balance Sheet	The following table provides the location and fair value amounts of derivative instruments designated and not designated as hedging instruments that are reported in the Consolidated Balance Sheet (in millions): December 31, December 31, Instrument (1) Balance Sheet Account Derivatives designated as hedges Derivatives not designated as hedges Derivatives designated as hedges Derivatives not designated as hedges Foreign exchange contracts Other current assets $ 3.0 $ 0.2 $ 5.8 $ 0.3 Cross currency swaps Other current assets 0.8 — 0.7 — Debt conversion feature Other assets — 0.5 — 1.5 Foreign exchange contracts Other current liabilities $ (5.7 ) $ — $ (1.6 ) $ — Commodity swaps Other current liabilities (1.1 ) — — — Cross currency swaps Other non-current liabilities (3.0 ) — (5.3 ) — Net derivative asset (liability) $ (6.0 ) $ 0.7 $ (0.4 ) $ 1.8
Schedule of derivative instruments that are designated as hedges in the Consolidated Statement of Income and Accumulated other comprehensive income (loss) ("OCI")	The following tables provide the effect of derivative instruments that are designated as hedges in AOCI (in millions): Gain (Loss) Recognized on Derivatives in OCI, net of tax Gain (Loss) Reclassified from AOCI into Income Instrument Year Ended December 31, 2018 Income Statement Account Year Ended December 31, 2018 Foreign exchange contracts $ (5.4 ) Cost of goods sold $ (2.6 ) Commodity swaps (1.2 ) Cost of goods sold (0.2 ) Cross currency swaps 0.1 Other income (expense) - net 2.1 Total $ (6.5 ) Total $ (0.7 ) Gain (Loss) Recognized on Derivatives in OCI, net of tax: Year Ended December 31, Instrument 2017 2016 Foreign exchange contracts $ 5.4 $ (4.5 ) Cross currency swaps (0.9 ) — Interest rate swap — (0.2 ) Total $ 4.5 $ (4.7 ) Gain (Loss) Reclassified from AOCI into Income (Loss) (Effective): Year Ended December 31, Income Statement Account 2017 2016 Cost of goods sold $ 2.4 $ (2.0 ) Other income (expense) – net (3.1 ) — Total $ (0.7 ) $ (2.0 ) The following tables provide the effect of derivative instruments that are designated as hedges in the Consolidated Statement of Income (Loss) (in millions): Classification and amount of Gain or Loss Recognized in Income Cost of goods sold Other income (expense) - net Year Ended December 31, 2018 Income Statement Accounts in which effects of cash flow hedges are recorded $ (4,158.2 ) $ (79.7 ) Gain (Loss) Reclassified from AOCI into Income (Loss): Foreign exchange contracts (2.6 ) — Commodity swaps (0.2 ) — Cross currency swaps — 2.1 Total $ (2.8 ) $ 2.1 Gain (Loss) Recognized on Derivatives (Ineffective) in Income (Loss): Year Ended December 31, Income Statement Account 2017 2016 Cost of goods sold $ 2.1 $ 1.0 Other income (expense) – net (0.1 ) — Total $ 2.0 $ 1.0
Schedule of derivative instruments that are not designated as hedges in the Consolidated Statement of Income and OCI	The following table provides the effect of non-designated derivatives outstanding at the end of the period in the Consolidated Statements of Income (Loss) and Comprehensive Income (Loss) (in millions): Year Ended December 31, Instrument Income Statement Account 2018 2017 2016 Foreign exchange contracts Other income (expense) – net $ (0.1 ) $ (1.1 ) $ 0.9 Debt conversion feature Other income (expense) – net $ (0.9 ) $ 0.4 $ — Total $ (1.0 ) $ (0.7 ) $ 0.9

RESTRUCTURING AND OTHER CHARG_2

RESTRUCTURING AND OTHER CHARGES (Tables)	12 Months Ended
	Dec. 31, 2018
Restructuring and Related Activities [Abstract]
Information for all restructuring activities by segment	The following table provides information for all restructuring activities by segment regarding the amount of expense (income) incurred during the year ended December 31, 2018 , the cumulative amount of expenses incurred since inception of the programs through December 31, 2018 , and the total amount expected to be incurred (in millions): Amount incurred during the year ended December 31, 2018 Cumulative amount incurred through December 31, 2018 Total amount expected to be incurred AWP $ — $ 0.2 $ 0.2 Cranes (3.5 ) 57.6 57.6 MP — 0.1 0.1 Corporate and Other 1.0 3.1 3.1 Total $ (2.5 ) $ 61.0 $ 61.0
Information by type of restructuring activity	The following table provides information by type of restructuring activity with respect to the amount of expense (income) incurred during the year ended December 31, 2018 , the cumulative amount of expenses incurred since inception of the programs through December 31, 2018 , and the total amount expected to be incurred (in millions): Employee Termination Costs Facility Exit Costs Asset Disposal and Other Costs Total Amount incurred during the year ended December 31, 2018 $ (4.7 ) $ 2.2 $ — $ (2.5 ) Cumulative amount incurred through December 31, 2018 $ 40.9 $ 7.3 $ 12.8 $ 61.0 Total amount expected to be incurred $ 40.9 $ 7.3 $ 12.8 $ 61.0
Roll forward of the restructuring reserve by type of restructuring activity	The following table provides a roll forward of the restructuring reserve by type of restructuring activity for the year ended December 31, 2018 (in millions): Employee Termination Costs Restructuring reserve at December 31, 2017 $ 29.7 Restructuring reserve increase (decrease) (4.7 ) Cash expenditures (11.2 ) Foreign exchange (0.6 ) Restructuring reserve at December 31, 2018 $ 13.2

LONG-TERM OBLIGATIONS (Tables)

LONG-TERM OBLIGATIONS (Tables)	12 Months Ended
	Dec. 31, 2018
Debt Disclosure [Abstract]
Schedule of Long-term Debt Instruments	Long-term debt is summarized as follows (in millions): December 31, 2018 2017 5-5/8% Senior Notes due February 1, 2025, net of unamortized debt issuance costs of $8.9 and $10.4, respectively $ 591.1 $ 589.6 2017 Credit Agreement – term debt due January 31, 2024, net of unamortized debt issuance costs of $5.0 and $6.1, respectively 386.4 389.0 2017 Credit Agreement – revolver 237.0 — Capital lease obligations 2.7 3.1 Other 2.2 3.1 Total debt 1,219.4 984.8 Less: Notes payable and current portion of long-term debt (4.7 ) (5.2 ) Long-term debt, less current portion $ 1,214.7 $ 979.6
Schedule of Maturities of Long-term Debt	Amounts shown are exclusive of minimum lease payments for capital lease obligations (in millions): 2019 $ 4.5 2020 3.8 2021 3.7 2022 240.7 2023 3.7 Thereafter 974.2 Total Debt 1,230.6 Less: Unamortized debt issuance costs $ (13.9 ) Net debt $ 1,216.7
Schedule of Carrying Values and Estimated Fair Values of Debt Instruments	Based on indicative price quotations from financial institutions multiplied by the amount recorded on the Company’s Consolidated Balance Sheet, excluding debt acquisition costs (“Book Value”), the Company estimates the fair values (“FV”) of its debt set forth below as of December 31, 2018 and 2017 , as follows (in millions, except for quotes): 2018 Book Value Quote FV 5-5/8% Notes $ 600.0 $ 0.93250 $ 560 2017 Credit Agreement Term Loan (net of discount) $ 391.4 $ 0.96750 $ 379 2017 Book Value Quote FV 5-5/8% Notes $ 600.0 $ 1.04000 $ 624 2017 Credit Agreement Term Loan (net of discount) $ 395.1 $ 1.00708 $ 398

LEASE COMMITMENTS (Tables)

LEASE COMMITMENTS (Tables)	12 Months Ended
	Dec. 31, 2018
Lease Commitments [Abstract]
Schedule of Future Minimum Lease Payments for Capital and Noncancellable Operating Leases	Future minimum noncancellable operating lease payments at December 31, 2018 are as follows (in millions): Operating Leases 2019 $ 32.5 2020 27.2 2021 23.8 2022 19.5 2023 16.6 Thereafter 37.0 Total minimum obligations $ 156.6

RETIREMENT PLANS AND OTHER BE_2

RETIREMENT PLANS AND OTHER BENEFITS (Tables)	12 Months Ended
	Dec. 31, 2018
Retirement Benefits [Abstract]
Schedule of Net Benefit Costs	Information regarding the Company’s plans, including U.S. SERP, was as follows (in millions, except percent values): U.S. Pension Benefits Non-U.S. Pension Benefits Other Benefits 2018 2017 2018 2017 2018 2017 Accumulated benefit obligation at end of year $ 35.1 $ 153.3 $ 208.5 $ 229.4 Change in benefit obligation: Benefit obligation at beginning of year $ 160.4 $ 167.6 $ 231.6 $ 211.5 $ 3.4 $ 4.2 Service cost 0.4 0.6 3.1 3.2 — — Interest cost 5.4 6.4 4.6 5.0 0.1 0.1 Transfer to held for sale — — — (0.1 ) — — Settlements (108.5 ) — (2.7 ) (5.0 ) — — Plan amendments — — 2.6 — — — Actuarial loss (gain) (8.5 ) 0.1 (8.1 ) 1.1 (0.2 ) (0.4 ) Benefits paid (10.1 ) (14.3 ) (8.6 ) (7.1 ) (0.3 ) (0.5 ) Foreign exchange effect — — (11.9 ) 23.0 — — Benefit obligation at end of year 39.1 160.4 210.6 231.6 3.0 3.4 Change in plan assets: Fair value of plan assets at beginning of year 118.5 117.1 121.2 108.3 — — Actual return on plan assets (6.0 ) 14.5 (4.1 ) 6.9 — — Settlements (108.5 ) — (2.7 ) (5.0 ) — — Employer contribution 6.1 1.2 7.9 7.5 0.3 0.5 Employee contribution — — 0.5 0.4 — — Benefits paid (10.1 ) (14.3 ) (8.6 ) (7.1 ) (0.3 ) (0.5 ) Foreign exchange effect — — (6.7 ) 10.2 — — Fair value of plan assets at end of year — 118.5 107.5 121.2 — — Funded status $ (39.1 ) $ (41.9 ) $ (103.1 ) $ (110.4 ) $ (3.0 ) $ (3.4 ) Amounts recognized in the statement of financial position consist of: Current liabilities $ 1.3 $ 1.2 $ 2.7 $ 2.8 $ 0.4 $ 0.4 Non-current liabilities 37.8 40.7 100.4 107.6 2.6 3.0 Total liabilities $ 39.1 $ 41.9 $ 103.1 $ 110.4 $ 3.0 $ 3.4 Amounts recognized in accumulated other comprehensive loss consist of: Actuarial net loss $ (0.9 ) $ 64.8 $ 61.3 $ 68.2 $ 0.5 $ 0.9 Prior service cost — 0.1 2.7 0.1 — — Total amounts recognized in accumulated other comprehensive loss $ (0.9 ) $ 64.9 $ 64.0 $ 68.3 $ 0.5 $ 0.9
Schedule of Assumptions Used	U.S. Pension Benefits Non-U.S. Pension Benefits Other Benefits 2018 2017 2016 2018 2017 2016 2018 2017 2016 Weighted-average assumptions as of December 31: Discount rate (1) 4.41 % 3.78 % 4.03 % 2.39 % 2.15 % 2.27 % 4.14 % 3.58 % 3.81 % Expected return on plan assets — % 7.00 % 7.00 % 4.40 % 4.43 % 5.90 % N/A N/A N/A Rate of compensation increase (1) 3.75 % 3.75 % 3.75 % 0.98 % 0.93 % 0.89 % N/A N/A N/A (1) The weighted average assumptions as of December 31 are used to calculate the funded status at the end of the current year and the net periodic cost for the subsequent year.
Schedule of Net Periodic Benefit Cost Not yet Recognized	U.S. Pension Benefits Non-U.S. Pension Benefits Other Benefits 2018 2017 2016 2018 2017 2016 2018 2017 2016 Components of net periodic cost: Service cost $ 0.4 $ 0.6 $ 0.6 $ 3.1 $ 3.2 $ 3.1 $ — $ — $ — Interest cost 5.4 6.4 7.1 4.6 5.0 6.5 0.1 0.1 0.2 Expected return on plan assets (7.3 ) (7.8 ) (8.3 ) (5.0 ) (5.0 ) (6.0 ) — — — Recognition of prior service cost 0.1 0.1 0.2 — — — — — — Amortization of actuarial loss 3.4 4.1 4.2 3.2 3.5 2.5 0.1 (1.2 ) — Settlements 67.0 — — 0.8 1.5 — — — — Other — — — (1.0 ) (0.4 ) (0.4 ) — — — Net periodic cost $ 69.0 $ 3.4 $ 3.8 $ 5.7 $ 7.8 $ 5.7 $ 0.2 $ (1.1 ) $ 0.2
Schedule of Other Changes in Plan Assets and Benefit Obligations Recognized in Other Comprehensive Income	U.S. Pension Benefits Non-U.S. Pension Benefits Other Benefits 2018 2017 2018 2017 2018 2017 Other Changes in Plan Assets and Benefit Obligations Recognized in Other Comprehensive Income (Loss): Net (gain) loss $ 4.7 $ (6.8 ) $ 0.9 $ (0.7 ) $ (0.3 ) $ (0.3 ) Amortization of actuarial gain (loss) (3.4 ) (4.1 ) (3.2 ) (3.5 ) (0.1 ) 1.2 Amortization of prior service cost (0.1 ) (0.1 ) 2.5 — — — Disposals — — — (79.4 ) — — Settlements (67.0 ) — (0.8 ) (1.5 ) — — Foreign exchange effect — — (3.7 ) 7.1 — — Total recognized in other comprehensive income (loss) $ (65.8 ) $ (11.0 ) $ (4.3 ) $ (78.0 ) $ (0.4 ) $ 0.9
Schedule of Amounts Recognized in Other Comprehensive Income (Loss)	U.S. Pension Benefits Non-U.S. Pension Benefits Other Benefits Amounts expected to be recognized as components of net periodic cost for the year ending December 31, 2019: Actuarial net loss $ (0.3 ) $ 3.3 $ — Prior service cost 0.1 0.1 — Total amount expected to be recognized as components of net periodic cost for the year ending December 31, 2019 $ (0.2 ) $ 3.4 $ —
Schedule of Accumulated Benefit Obligations in Excess of Fair Value of Plan Assets	For the Company’s plans, including the U.S. SERP, that have accumulated benefit obligations in excess of plan assets, the projected benefit obligation, accumulated benefit obligation and fair value of plan assets were (in millions): U.S. Pension Benefits Non-U.S. Pension Benefits 2018 2017 2018 2017 Projected benefit obligation $ 39.1 $ 160.4 $ 210.6 $ 231.6 Accumulated benefit obligation $ 35.1 $ 153.3 $ 208.5 $ 229.4 Fair value of plan assets $ — $ 118.5 $ 107.5 $ 121.2
Schedule of Fair Value of Plan Assets by Measurement Levels	The fair value of cash in the table below is based on price quotations in an active market and therefore categorized under Level 1 of the ASC 820 hierarchy. The fair value of the investment funds is priced on the market value of the underlying investments in the portfolio and therefore categorized as Level 2 of the ASC 820 hierarchy. See Note A – “Basis of Presentation,” for an explanation of the ASC 820 hierarchy. The fair value of the Company’s plan assets at December 31, 2018 are as follows (in millions): U.S. Pension Plan Non-U.S. Pension Plans Total Level 1 Level 2 NAV Total Level 1 Level 2 NAV Cash, including money market funds $ — $ — $ — $ — $ 0.7 $ 0.7 $ — $ — U.S. equities — — — — 11.1 — 11.1 — Non-U.S. equities — — — — 10.7 — 10.7 — Non-U.S. corporate bonds — — — — 2.5 — 2.5 — Non-U.S. governmental fixed income funds — — — — 59.7 — 59.7 — Real estate — — — — 3.7 — 3.7 — Other securities — — — — 19.1 — 19.1 — Total investments measured at fair value $ — $ — $ — $ — $ 107.5 $ 0.7 $ 106.8 $ — The fair value of the Company’s plan assets at December 31, 2017 are as follows (in millions): U.S. Pension Plan Non-U.S. Pension Plans Total Level 1 Level 2 NAV Total Level 1 Level 2 NAV Cash, including money market funds $ 2.5 $ 2.5 $ — $ — $ 2.9 $ 2.9 $ — $ — U.S. equities 27.6 — — 27.6 6.4 — 6.4 — Non-U.S. equities 8.7 — — 8.7 24.4 — 24.4 — U.S. corporate bonds 55.8 — — 55.8 0.6 — 0.6 — Non-U.S. corporate bonds — — — — 19.3 — 19.3 — U.S. government securities 16.4 — — 16.4 — — — — Non-U.S. government securities 0.6 — — 0.6 32.7 — 32.7 — Non-U.S. governmental fixed income funds — — — — 26.0 — 26.0 — Real estate — — — — 3.5 — 3.5 — Other securities 6.9 — — 6.9 5.4 — 5.4 — Total investments measured at fair value $ 118.5 $ 2.5 $ — $ 116.0 $ 121.2 $ 2.9 $ 118.3 $ —
Schedule of Expected Benefit Payments	The Company’s estimated future benefit payments under its plans are as follows (in millions): Year Ending December 31, U.S. Pension Benefits Non-U.S. Pension Benefits Other Benefits 2019 $ 1.3 $ 12.0 $ 0.4 2020 $ 1.5 $ 7.6 $ 0.4 2021 $ 1.5 $ 8.3 $ 0.3 2022 $ 1.5 $ 8.4 $ 0.3 2023 $ 1.5 $ 8.7 $ 0.3 2024-2028 $ 12.5 $ 47.1 $ 0.9
Schedule of Effect of One-Percentage-Point Change in Assumed Health Care Cost Trend Rates	A one-percentage-point change in assumed health care cost trend rates would have the following effects (in millions): 1-Percentage- Point Increase 1-Percentage- Point Decrease Effect on total service and interest cost components $ — $ — Effect on post-retirement benefit obligation $ 0.1 $ (0.1 )

STOCKHOLDERS' EQUITY (Tables)

STOCKHOLDERS' EQUITY (Tables)	12 Months Ended
	Dec. 31, 2018
Stockholders' Equity Note [Abstract]
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions	The following table presents the weighted-average assumptions used in the valuations: Grant date Grant date Grant date March 8, 2018 March 2, 2017 March 3, 2016 Dividend yields 1.00% 1.01% 1.22% Expected volatility 40.41% 42.78% 45.59% Risk free interest rate 2.38% 1.55% 0.97% Expected life (in years) 3 3 3 Grant date fair value per share $41.57 $36.48 $29.24
Schedule of Share-based Compensation Restricted Stock Awards Activity	The following table is a summary of restricted stock awards under all of the Company’s plans: Restricted Stock Awards Weighted Average Grant Date Fair Value Nonvested at December 31, 2017 3,111,057 $ 28.68 Granted 1,053,387 $ 40.06 Vested (1,271,136 ) $ 27.47 Canceled, expired or other 82,919 $ 28.59 Nonvested at December 31, 2018 2,976,227 $ 34.32
Schedule of Accumulated Other Comprehensive Income (Loss)	Changes in Accumulated Other Comprehensive Income (Loss) The table below presents changes in AOCI by component for the year ended December 31, 2018 and 2017 . All amounts are net of tax (in millions). Year ended December 31, 2018 Year ended December 31, 2017 CTA Derivative Hedging Adj. Debt & Equity Adj. Pension Liability Adj. (1) Total CTA (2) Derivative Hedging Adj. Debt & Equity Adj. Pension Liability Adj. (3) Total Beginning balance $ (144.4 ) $ 2.1 $ 4.3 $ (101.2 ) $ (239.2 ) $ (615.0 ) $ (2.4 ) $ 0.6 $ (162.3 ) $ (779.1 ) Other comprehensive income (loss) before reclassifications (80.2 ) (7.4 ) (0.9 ) (2.8 ) (91.3 ) 114.1 4.3 3.6 (0.1 ) 121.9 Amounts reclassified from AOCI (0.7 ) 0.9 — 48.4 48.6 356.5 0.2 0.1 61.2 418.0 Net other comprehensive income (loss) (80.9 ) (6.5 ) (0.9 ) 45.6 (42.7 ) 470.6 4.5 3.7 61.1 539.9 Other (4) — — (2.6 ) — (2.6 ) — — — — — Ending balance $ (225.3 ) $ (4.4 ) $ 0.8 $ (55.6 ) $ (284.5 ) $ (144.4 ) $ 2.1 $ 4.3 $ (101.2 ) $ (239.2 ) (1) Reclassifications primarily relate to $42.6 million of losses (net of $24.4 million of tax benefits) reclassified from AOCI to Other income (expense) - net in connection with the settlement of U.S. defined benefit pension obligations. (2) Reclassifications primarily relate to $352.1 million of losses (net of $1.5 million of tax benefits) reclassified from AOCI to Gain (loss) on disposition of discontinued operations - net of tax in connection with the sale of the MHPS business. (3) Reclassifications primarily relate to $55.4 million of losses (net of $23.9 million of tax benefits) reclassified from AOCI to Gain (loss) on disposition of discontinued operations - net of tax in connection with the sale of the MHPS business. (4) Other relates to amounts reclassified from AOCI to Retained Earnings in connection with the adoption of ASU 2016-01 and 2016-16. Accumulated Other Comprehensive Income (Loss) Attributable to Terex Corporation Cumulative Translation Adjustment Derivative Hedging Adjustment Debt & Equity Securities Adjustment Pension Adjustment Accumulated Other Comprehensive Income (Loss) Balance at January 1, 2016 $ (492.7 ) $ 2.3 $ (6.3 ) $ (152.9 ) $ (649.6 ) Current year change (122.6 ) (4.7 ) 6.9 (9.4 ) (129.8 ) Balance at December 31, 2016 (615.3 ) (2.4 ) 0.6 (162.3 ) (779.4 ) Current year change 470.6 4.5 3.7 61.1 539.9 Balance at December 31, 2017 (144.7 ) 2.1 4.3 (101.2 ) (239.5 ) Current year change (80.9 ) (6.5 ) (3.5 ) 45.6 (45.3 ) Balance at December 31, 2018 $ (225.6 ) $ (4.4 ) $ 0.8 $ (55.6 ) $ (284.8 ) Accumulated Other Comprehensive Income (Loss) Attributable to Noncontrolling Interest Cumulative Translation Adjustment Derivative Hedging Adjustment Debt & Equity Securities Adjustment Pension Adjustment Accumulated Other Comprehensive Income (Loss) Balance at January 1, 2016 $ 0.7 $ — $ — $ — $ 0.7 Current year change (0.4 ) — — — (0.4 ) Balance at December 31, 2016 0.3 — — — 0.3 Current year change — — — — — Balance at December 31, 2017 0.3 — — — 0.3 Current year change — — — — — Balance at December 31, 2018 $ 0.3 $ — $ — $ — $ 0.3 Accumulated Other Comprehensive Income (Loss) Cumulative Translation Adjustment Derivative Hedging Adjustment Debt & Equity Pension Adjustment Accumulated Other Comprehensive Income (Loss) Balance at January 1, 2016 $ (492.0 ) $ 2.3 $ (6.3 ) $ (152.9 ) $ (648.9 ) Current year change (123.0 ) (4.7 ) 6.9 (9.4 ) (130.2 ) Balance at December 31, 2016 (615.0 ) (2.4 ) 0.6 (162.3 ) (779.1 ) Current year change 470.6 4.5 3.7 61.1 539.9 Balance at December 31, 2017 (144.4 ) 2.1 4.3 (101.2 ) (239.2 ) Current year change (80.9 ) (6.5 ) (3.5 ) 45.6 (45.3 ) Balance at December 31, 2018 $ (225.3 ) $ (4.4 ) $ 0.8 $ (55.6 ) $ (284.5 )

BASIS OF PRESENTATION (Details)

BASIS OF PRESENTATION (Details) - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Cash and Cash Equivalents
Cash and cash equivalents, not immediately available for use	$ 13,100,000	$ 5,000,000
Cash and cash equivalents - continuing operations	368,000,000	626,500,000	$ 428,500,000
Cash and cash equivalents - held for sale	4,100,000	3,600,000	73,400,000
Total cash and cash equivalents	372,100,000	630,100,000	501,900,000	$ 466,500,000
Cash Equivalents not immediately available for use	$ 0	0
Inventories
Percentage of weighted average cost inventory	11.00%
Percentage of FIFO inventory	89.00%
Inventory reserves	$ 78,800,000	85,800,000
Debt Issuance Costs
Debt and Credit Agreement issuance costs	19,000,000	22,200,000
Accumulated Amortization of Debt Issuance Costs	7,600,000	3,600,000
Goodwill
Goodwill impairment	0	0	(176,000,000)
Impairment of Long-Lived Assets
Fixed asset impairment	9,000,000	6,800,000	41,200,000
Cost-method investments, other than temporary impairment			20,500,000
Accounts Receivable and Allowance for Doubtful Accounts
Trade receivables sold	940,100,000	631,100,000	620,400,000
Trade receivables held-for-sale, amount	85,100,000	85,200,000
Changes in consolidated current and non-current product warranty liability
Beginning Balance	52,600,000	59,800,000
Accruals for warranties issued during the period	61,100,000	50,100,000
Changes in estimates	300,000	2,500,000
Settlements during the year	(57,500,000)	(62,000,000)
Foreign exchange effect/other	(3,000,000)	2,200,000
Ending Balance	53,500,000	52,600,000	59,800,000
Research and Development Costs
Research and Development Costs	$ 92,700,000	$ 81,000,000	86,200,000
Cranes
Impairment of Long-Lived Assets
Fixed asset impairment			17,400,000
Minimum
Intangible Assets
Useful life (in years)	1 year
Minimum | Plant
Property, Plant and Equipment
Useful life (in years)	1 year
Minimum | Equipment
Property, Plant and Equipment
Useful life (in years)	2 years
Maximum
Intangible Assets
Useful life (in years)	99 years
Maximum | Plant
Property, Plant and Equipment
Useful life (in years)	40 years
Maximum | Equipment
Property, Plant and Equipment
Useful life (in years)	20 years
Corporate, Non-Segment
Impairment of Long-Lived Assets
Fixed asset impairment			$ 16,600,000

BUSINESS SEGMENT INFORMATION (D

BUSINESS SEGMENT INFORMATION (Details) $ in Millions	12 Months Ended
	Dec. 31, 2018USD ($)segments	Dec. 31, 2017USD ($)	Dec. 31, 2016USD ($)
Segment Reporting Information
Number of reportable segments | segments	3
Number of customers accounting for more than 10% of consolidated sales	0
Net sales	$ 5,125	$ 4,363.4	$ 4,443.1
Income (loss) from operations	293.3	179.9	(141.8)
Depreciation and Amortization	59.7	66.1	74.3
Capital Expenditures	103.8	43.5	58.1
Identifiable Assets	3,485.9	3,462.5
Long-lived Assets	345.6	311
United States
Segment Reporting Information
Long-lived Assets	193.5	178.7
United Kingdom
Segment Reporting Information
Long-lived Assets	61.4	37
Germany
Segment Reporting Information
Long-lived Assets	38.2	42.2
Other European countries
Segment Reporting Information
Long-lived Assets	18.8	16.6
All other
Segment Reporting Information
Long-lived Assets	33.7	36.5
North America
Segment Reporting Information
Net sales	2,825.6	2,355.1	2,258.7
Western Europe
Segment Reporting Information
Net sales	1,179	1,009.3	1,194.7
Asia-Pacific
Segment Reporting Information
Net sales	646.2	595.8	555.6
Rest of World
Segment Reporting Information
Net sales	474.2	403.2	434.1
Aerial Work Platforms
Segment Reporting Information
Net sales	2,132	1,720.7	1,638.5
Mobile Cranes
Segment Reporting Information
Net sales	773.8	693.9	752.8
Materials Processing Equipment
Segment Reporting Information
Net sales	877.1	726.9	640.8
Other
Segment Reporting Information
Net sales	1,342.1	1,188.6	1,135.7
Compact Construction Equipment
Segment Reporting Information
Net sales		33.3	275.3
Operating Segments | Aerial Work Platforms
Segment Reporting Information
Net sales	2,559.7	2,071.5	1,977.8
Income (loss) from operations	261	170.3	177.4
Depreciation and Amortization	17.8	19.4	19.9
Capital Expenditures	28.7	14.1	17.1
Identifiable Assets	1,634	1,358.5
Operating Segments | Aerial Work Platforms | North America
Segment Reporting Information
Net sales	1,621.4	1,244.9	1,181.2
Operating Segments | Aerial Work Platforms | Western Europe
Segment Reporting Information
Net sales	529.8	404.1	392.1
Operating Segments | Aerial Work Platforms | Asia-Pacific
Segment Reporting Information
Net sales	256.9	242.6	239.5
Operating Segments | Aerial Work Platforms | Rest of World
Segment Reporting Information
Net sales	151.6	179.9	165
Operating Segments | Cranes
Segment Reporting Information
Net sales	1,315	1,194	1,274.5
Income (loss) from operations	(45.3)	(14.1)	(318.5)
Depreciation and Amortization	19.4	19.2	21.5
Capital Expenditures	34.8	15.2	13.2
Identifiable Assets	1,541	1,685.7
Operating Segments | Cranes | North America
Segment Reporting Information
Net sales	612	501.1	506.9
Operating Segments | Cranes | Western Europe
Segment Reporting Information
Net sales	266.7	303.8	362.5
Operating Segments | Cranes | Asia-Pacific
Segment Reporting Information
Net sales	179.9	180.6	178
Operating Segments | Cranes | Rest of World
Segment Reporting Information
Net sales	256.4	208.5	227.1
Operating Segments | Materials Processing
Segment Reporting Information
Net sales	1,256.8	1,072.5	944.5
Income (loss) from operations	167.5	125.1	86.6
Depreciation and Amortization	7.2	7.3	6.9
Capital Expenditures	32.7	6.3	7.5
Identifiable Assets	1,071.3	1,219.5
Operating Segments | Materials Processing | North America
Segment Reporting Information
Net sales	518.4	507	464.3
Operating Segments | Materials Processing | Western Europe
Segment Reporting Information
Net sales	381.8	282.6	249.1
Operating Segments | Materials Processing | Asia-Pacific
Segment Reporting Information
Net sales	207.9	160.4	106.4
Operating Segments | Materials Processing | Rest of World
Segment Reporting Information
Net sales	148.7	122.5	124.7
Operating Segments | Aerial Work Platforms | Aerial Work Platforms
Segment Reporting Information
Net sales	2,128.5	1,718	1,635.2
Operating Segments | Aerial Work Platforms | Cranes
Segment Reporting Information
Net sales	0	0	0
Operating Segments | Aerial Work Platforms | Materials Processing
Segment Reporting Information
Net sales	0	0	0
Operating Segments | Mobile Cranes | Aerial Work Platforms
Segment Reporting Information
Net sales	0	0	5.4
Operating Segments | Mobile Cranes | Cranes
Segment Reporting Information
Net sales	768.2	691.9	746
Operating Segments | Mobile Cranes | Materials Processing
Segment Reporting Information
Net sales	0	0	0
Operating Segments | Materials Processing Equipment | Aerial Work Platforms
Segment Reporting Information
Net sales	0	0	0
Operating Segments | Materials Processing Equipment | Cranes
Segment Reporting Information
Net sales	0	0	0
Operating Segments | Materials Processing Equipment | Materials Processing
Segment Reporting Information
Net sales	877	726.9	640.6
Operating Segments | Other | Aerial Work Platforms
Segment Reporting Information
Net sales	431.2	353.5	328.3
Operating Segments | Other | Cranes
Segment Reporting Information
Net sales	546.8	502.1	528.5
Operating Segments | Other | Materials Processing
Segment Reporting Information
Net sales	379.8	345.6	303.9
Operating Segments | Compact Construction Equipment | Aerial Work Platforms
Segment Reporting Information
Net sales		0	8.9
Operating Segments | Compact Construction Equipment | Cranes
Segment Reporting Information
Net sales		0	0
Operating Segments | Compact Construction Equipment | Materials Processing
Segment Reporting Information
Net sales		0	0
Corporate and Other / Eliminations
Segment Reporting Information
Net sales	(6.5)	25.4	246.3
Income (loss) from operations	(89.9)	(101.4)	(87.3)
Depreciation and Amortization	15.3	20.2	26
Capital Expenditures	7.6	7.9	20.3
Identifiable Assets	(760.4)	(801.2)
Corporate and Other / Eliminations | North America
Segment Reporting Information
Net sales	73.8	102.1	106.3
Corporate and Other / Eliminations | Western Europe
Segment Reporting Information
Net sales	0.7	18.8	191
Corporate and Other / Eliminations | Asia-Pacific
Segment Reporting Information
Net sales	1.5	12.2	31.7
Corporate and Other / Eliminations | Rest of World
Segment Reporting Information
Net sales	(82.5)	(107.7)	(82.7)
Corporate and Other / Eliminations | Aerial Work Platforms
Segment Reporting Information
Net sales	3.5	2.7	3.3
Corporate and Other / Eliminations | Mobile Cranes
Segment Reporting Information
Net sales	5.6	2	1.4
Corporate and Other / Eliminations | Materials Processing Equipment
Segment Reporting Information
Net sales	0.1	0	0.2
Corporate and Other / Eliminations | Other
Segment Reporting Information
Net sales	$ (15.7)	(12.6)	(25)
Corporate and Other / Eliminations | Compact Construction Equipment
Segment Reporting Information
Net sales		$ 33.3	$ 266.4

INCOME TAXES (Details)

INCOME TAXES (Details) - USD ($) $ in Millions	3 Months Ended	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Disclosure Income Taxes
Significant Change in Unrecognized Tax Benefits is Reasonably Possible, Amount of Unrecorded Benefit		$ 1
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest [Abstract]
United States		(57)	$ (36.3)	$ (29.9)
Foreign		205.7	148.3	(240.8)
Income (loss) from continuing operations before income taxes		148.7	112	(270.7)
Income (Loss) before Income Taxes from Continuing and Discontinued Operations		150.7	205.4	(242)
Current:
Federal		12.1	(14.5)	31.5
State		1.4	2	6.2
Foreign		33	26.8	38.2
Current income tax provision (benefit)		46.5	14.3	75.9
Deferred:
Federal		(15.9)	37.4	(27)
State		1.2	(0.5)	(1.4)
Foreign		5.6	0.8	(124.9)
Deferred income tax (benefit) provision		(9.1)	37.7	(153.3)
Total provision for (benefit from) income taxes		37.4	52	(77.4)
Total (benefit from) provision for income taxes including discontinued operations		37	76.7	$ (66.5)
Transition tax	$ 29.8
Remeasurement of deferred tax balances	20.6
Deferred tax assets and liabilities
Valuation allowance for deferred tax assets, increase in period		(21)	(12.2)
Continuing Operations
Deferred tax assets and liabilities
Property, plant and equipment	(8.8)	(4.6)	(8.8)
Intangibles	(5.7)	(5)	(5.7)
Inventories	13.9	10	13.9
Accrued warranties and product liability	7.8	9	7.8
Loss carry forwards	218.4	197.2	218.4
Retirement plans	21.5	18.1	21.5
Accrued compensation and benefits	28.9	34	28.9
Other	21.1	3.6	21.1
Deferred tax assets valuation allowance	(136.4)	(115.4)	(136.4)
Net deferred tax assets	$ 160.7	146.9	$ 160.7
Deferred tax assets before valuation allowances		264.2
Deferred tax liabilities		$ 1.9

INCOME TAXES INCOME TAXES (Deta

INCOME TAXES INCOME TAXES (Details 2) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
(Benefit from) provision for income taxes from continuing operations
Tax at statutory federal income tax rate	$ 31.2	$ 39.2	$ (94.7)
State taxes (net of Federal benefit)	2	1	3.1
Change in valuation allowance	(15)	(2.8)	(47.7)
Foreign tax differential on income/losses of foreign subsidiaries	5.2	(20.1)	(37.5)
Effective Income Tax Rate Reconciliation, Repatriation of Foreign Earnings, Amount	16.6	11.1	41.9
Tax effect of dispositions	0	(27.2)	2.1
2017 Federal Tax Act	5.5	46.9	0
Impairment loss on intangibles	0	0	52.4
Expired stock awards	0	2.4	0
Pension plan settlement	(9.3)	0	0
Other	1.2	1.5	3
Total provision for (benefit from) income taxes	37.4	52	(77.4)
Provisional income tax expense (benefit) from Tax Cuts and Jobs Act of 2017	50.4
Effect on change in valuation allowance from Tax Cuts and Jobs Act of 2017	2.1
Foreign Earnings Repatriated			1,000
Deferred Tax Liability Not Recognized, Amount of Unrecognized Deferred Tax Liability, Undistributed Earnings of Foreign Subsidiaries	53
Operating Loss Carryforwards	592
Income Taxes Paid, Net	52.7	29	52.8
Income Taxes Receivable, Current	13.5	19.4
Reconciliation of Unrecognized Tax Benefits, Excluding Amounts Pertaining to Examined Tax Returns [Roll Forward]
Balance at the Beginning of the Period	34.1	59.8	69.4
Additions for current year tax positions	0	0	0
Additions for prior year tax positions	6.1	12.3	6.3
Reductions for prior year tax positions	(14.8)	(29.9)	(3.1)
Reductions for tax positions related to current year	0	0	0
Reductions related to expirations of statute of limitations	(0.8)	(1.3)	(5)
Settlements	(11.1)	(6.8)	(7.8)
Balance at the End of the Period	13.5	34.1	$ 59.8
Significant Change in Unrecognized Tax Benefits is Reasonably Possible, Amount of Unrecorded Benefit	1
Unrecognized Tax Benefits that Would Impact Effective Tax Rate	4.8
Income Tax Examination, Penalties and Interest Accrued	0.2	8.5
Income Tax Examination, Penalties and Interest Expense (Benefit)		1.6
Spain
(Benefit from) provision for income taxes from continuing operations
Operating Loss Carryforwards	31
Italy
(Benefit from) provision for income taxes from continuing operations
Operating Loss Carryforwards	171
China
(Benefit from) provision for income taxes from continuing operations
Operating Loss Carryforwards	56
Germany
(Benefit from) provision for income taxes from continuing operations
Operating Loss Carryforwards	261
Other Countries
(Benefit from) provision for income taxes from continuing operations
Operating Loss Carryforwards	73
Australia
(Benefit from) provision for income taxes from continuing operations
Operating Loss Carryforwards	22
U.S, Federal
(Benefit from) provision for income taxes from continuing operations
Operating Loss Carryforwards	10
State and Local Jurisdiction
(Benefit from) provision for income taxes from continuing operations
Provisional income tax expense (benefit) from Tax Cuts and Jobs Act of 2017	1.3
Continuing Operations
Reconciliation of Unrecognized Tax Benefits, Excluding Amounts Pertaining to Examined Tax Returns [Roll Forward]
Income Tax Examination, Penalties and Interest Expense (Benefit)	$ (6.7)
Discontinued Operations
Reconciliation of Unrecognized Tax Benefits, Excluding Amounts Pertaining to Examined Tax Returns [Roll Forward]
Income Tax Examination, Penalties and Interest Expense (Benefit)		(6)
Materials Handling and Port Solutions Sale
Reconciliation of Unrecognized Tax Benefits, Excluding Amounts Pertaining to Examined Tax Returns [Roll Forward]
Reductions for tax positions related to current year		$ (29.2)

DISCONTINUED OPERATIONS AND O_3

DISCONTINUED OPERATIONS AND OTHER DIVESTITURES - Additional Information (Details) $ / shares in Units, $ in Millions	Feb. 22, 2019USD ($)	Mar. 23, 2017€ / shares	Jan. 04, 2017USD ($)shares	Dec. 31, 2016USD ($)	Mar. 31, 2019USD ($)$ / shares	Sep. 30, 2017USD ($)	Mar. 31, 2017USD ($)	Dec. 31, 2018USD ($)	Dec. 31, 2017USD ($)	Dec. 31, 2016USD ($)
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Gain (loss) on disposition of discontinued operations – net of tax								$ 2.4	$ 68.7	$ 3.5
Gain (loss) on long term contract									7.9
Transaction costs										14.2
Asset impairments										3
Discontinued Operations, Disposed of by Sale
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Gain (loss) on disposition of discontinued operations – net of tax								2.4	68.7
Cranes
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Non-cash impairment charge				$ 1.6				1.8	6.7
Construction
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Non-cash impairment charge				$ 3.5
Materials Handling and Port Solutions Sale
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Asset impairments										3
Materials Handling and Port Solutions Sale | Discontinued Operations, Disposed of by Sale
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Equity interest receivable (in shares) | shares			19,600,000
Proceeds from divestiture of businesses			$ 835
Gain (loss) on disposition of discontinued operations – net of tax								(3.1)	65.7
Cranes Manufacturing Facility | Disposal Group, Disposed of by Sale, Not Discontinued Operations
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Gain (loss) on disposition of business						$ 5.7
Coventry | Disposal Group, Disposed of by Sale, Not Discontinued Operations
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Gain (loss) on disposition of business									(1.2)
Indian | Disposal Group, Disposed of by Sale, Not Discontinued Operations
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Gain (loss) on disposition of business									(1.6)
Construction Segment Sale
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Non-cash impairment charge										8.1
Loss (gain) on write-down, net of tax										5.6
Construction Segment Sale | Cost of Sales
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Non-cash impairment charge										4
Construction Segment Sale | Selling, General and Administrative Expenses
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Non-cash impairment charge										4.1
Construction Segment Sale, Midi/Mini Excavators, Wheeled Excavators and Compact Wheel Loader Business
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Proceeds from divestiture of businesses										60
Non-cash impairment charge										7.2
Loss (gain) on write-down, net of tax										3.3
Germany Business | Disposal Group, Disposed of by Sale, Not Discontinued Operations
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Post-closing adjustment									5.8
Atlas Member | Discontinued Operations, Disposed of by Sale
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Gain (loss) on disposition of discontinued operations – net of tax								$ 2.7	3	3.5
Konecranes Plc
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Proceeds from sale of available-for-sale securities, equity									770
Realized gain (loss) on disposal									42
Realized gain (loss) on disposal, attributable to foreign exchange rate changes									$ 41.6
Proceeds from equity method investment, dividends or distributions							$ 13.5
Konecranes Plc
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Common stock dividends declared (in dollars per share) | € / shares		€ 1.05
Merger
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Acquisition related costs										$ 14
Subsequent Event
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Common stock dividends declared (in dollars per share) | $ / shares					$ 0.11
Subsequent Event | Demag-Mobile Cranes Business | Disposal Group, Disposed of by Sale, Not Discontinued Operations
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Proceeds from divestiture of businesses	$ 215
Scenario, Forecast | Subsequent Event | Demag-Mobile Cranes Business | Disposal Group, Disposed of by Sale, Not Discontinued Operations
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Gain (loss) on disposal					$ (100)
Accumulated Other Comprehensive Income (Loss) | Scenario, Forecast | Subsequent Event | Demag-Mobile Cranes Business | Disposal Group, Disposed of by Sale, Not Discontinued Operations
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Gain (loss) on disposal					$ (55)

DISCONTINUED OPERATIONS AND O_4

DISCONTINUED OPERATIONS AND OTHER DIVESTITURES - Income (Loss) From Discontinued Operations (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Net loss (income) from discontinued operations attributable to noncontrolling interest	$ 0	$ 0	$ (0.9)
Income (loss) from discontinued operations - net of tax attributable to Terex Corporation	$ 0	$ 0	13.4
Materials Handling and Port Solutions Sale | Discontinued Operations, Held-for-sale
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Net sales			1,398.2
Cost of sales			(1,090.3)
Selling, general and administrative expenses			(266.8)
Goodwill and intangible asset impairments			(3.1)
Net interest (expense)			(2.3)
Other income (expense)			(11.5)
Gain (loss) on disposition of discontinued operations			24.2
(Provision for) benefit from income taxes			(9.9)
Income (loss) from discontinued operations – net of tax			14.3
Net loss (income) from discontinued operations attributable to noncontrolling interest			(0.9)
Income (loss) from discontinued operations - net of tax attributable to Terex Corporation			$ 13.4

DISCONTINUED OPERATIONS AND O_5

DISCONTINUED OPERATIONS AND OTHER DIVESTITURES - Supplemental Cash Flow Information (Details) $ in Millions	12 Months Ended
	Dec. 31, 2016USD ($)
Non-cash operating items:
Depreciation and amortization	$ 22.4
Deferred taxes	15.8
Asset impairments	3
Capital expenditures	$ (14.9)

DISCONTINUED OPERATIONS AND O_6

DISCONTINUED OPERATIONS AND OTHER DIVESTITURES - Gain (Loss) on Disposition of Discontinued Operations (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Discontinued operations in the Consolidated Statement of Comprehensive Income
Gain (loss) on disposition of discontinued operations – net of tax	$ 2.4	$ 68.7	$ 3.5
Discontinued Operations, Disposed of by Sale
Discontinued operations in the Consolidated Statement of Comprehensive Income
Gain (loss) on disposition of discontinued operations	2	93.4
(Provision for) benefit from income taxes	0.4	(24.7)
Gain (loss) on disposition of discontinued operations – net of tax	2.4	68.7
Discontinued Operations, Disposed of by Sale | MHPS
Discontinued operations in the Consolidated Statement of Comprehensive Income
Gain (loss) on disposition of discontinued operations	(1.2)	89.9
(Provision for) benefit from income taxes	(1.9)	(24.2)
Gain (loss) on disposition of discontinued operations – net of tax	(3.1)	65.7
Discontinued Operations, Disposed of by Sale | Atlas
Discontinued operations in the Consolidated Statement of Comprehensive Income
Gain (loss) on disposition of discontinued operations	3.2	3.5	4.5
(Provision for) benefit from income taxes	(0.5)	(0.5)	(1)
Gain (loss) on disposition of discontinued operations – net of tax	2.7	$ 3	$ 3.5
Discontinued Operations, Disposed of by Sale | Other
Discontinued operations in the Consolidated Statement of Comprehensive Income
Gain (loss) on disposition of discontinued operations	0
(Provision for) benefit from income taxes	2.8
Gain (loss) on disposition of discontinued operations – net of tax	$ 2.8

EARNINGS PER SHARE (Details)

EARNINGS PER SHARE (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Earnings per share
Income (loss) from continuing operations attributable to Terex Corporation common stockholders (in dollars)	$ 111.3	$ 60	$ (193)
Income (loss) from discontinued operations – net of tax	0	0	13.4
Gain (loss) on disposition of discontinued operations - net of tax (in dollars)	2.4	68.7	3.5
Net income (loss) attributable to Terex Corporation	$ 113.7	$ 128.7	$ (176.1)
Basic shares:
Weighted average shares outstanding (in shares)	75.4	92.8	107.9
Earnings per share - basic:
Income (loss) from continuing operations (in dollars per share)	$ 1.48	$ 0.65	$ (1.79)
Income (loss) from discontinued operations – net of tax (in dollars per share)	0	0	0.13
Gain (loss) on disposition of discontinued operations – net of tax (in dollars per share)	0.03	0.74	0.03
Net income (loss) attributable to Terex Corporation (in dollars per share)	$ 1.51	$ 1.39	$ (1.63)
Diluted shares:
Weighted average shares outstanding (in shares)	75.4	92.8	107.9
Effect of dilutive securities:
Stock options, restricted stock awards and convertible notes (in shares)	1.5	2.1	0
Diluted weighted average shares outstanding (in shares)	76.9	94.9	107.9
Earnings per share - diluted:
Income (loss) from continuing operations (in dollars per share)	$ 1.45	$ 0.63	$ (1.79)
Income (loss) from discontinued operations – net of tax (in dollars per share)	0	0	0.13
Gain (loss) on disposition of discontinued operations – net of tax (in dollars per share)	0.03	0.73	0.03
Net income (loss) attributable to Terex Corporation (in dollars per share)	$ 1.48	$ 1.36	$ (1.63)
Reconciliation of amounts attributable to common stockholders:
Income (loss) from continuing operations (in dollars)	$ 111.3	$ 60	$ (193.3)
Noncontrolling interest attributable to Income (loss) from continuing operations (in dollars)	0	0	0.3
Income (loss) from continuing operations attributable to Terex Corporation common stockholders (in dollars)	$ 111.3	$ 60	$ (193)
Restricted Stock
Other details of antidilutive securities
Antidilutive securities excluded from computation of earnings per share (in shares)	0.2		1.5

FINANCE RECEIVABLES - Additiona

FINANCE RECEIVABLES - Additional Information (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Accounts, Notes, Loans and Financing Receivable [Line Items]
Significant sales	$ 290.5	$ 266.6	$ 290.5
Gain on transferred finance receivables	3.3	11.3	2.5
Loans receivable held-for-sale, net, not part of disposal group	19.2	26
Total finance receivables, net	195.2	200.1
Average recorded investment	2.4	3.7
Total past due	2.7	6
Greater than 90 days past due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total past due	2.4	3.9
Commercial Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Average recorded investment	2.4	3.7	1.7
Total past due	2.5	6
Nonaccrual status	6	10.5
Commercial Loans | Greater than 90 days past due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total past due	2.4	3.9
Sales-Type Leases
Accounts, Notes, Loans and Financing Receivable [Line Items]
Average recorded investment	0	0	$ 0.9
Total past due	0.2	0
Nonaccrual status	0	0
Sales-Type Leases | Greater than 90 days past due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total past due	0	0
Prepaid Expenses and Other Current Assets
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total finance receivables, net	72	85
Other assets
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total finance receivables, net	$ 123	$ 116

FINANCE RECEIVABLES - Schedule

FINANCE RECEIVABLES - Schedule of Finance Receivables, Net (Details) - USD ($) $ in Millions	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total finance receivables, gross	$ 200.7	$ 206.7
Allowance for credit losses	(5.5)	(6.6)	$ (6.3)	$ (7.3)
Total finance receivables, net	195.2	200.1
Commercial Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total finance receivables, gross	154.1	174.7
Allowance for credit losses	(4)	(5.7)	(5.9)	(6.5)
Sales-Type Leases
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total finance receivables, gross	46.6	32
Allowance for credit losses	$ (1.5)	$ (0.9)	$ (0.4)	$ (0.8)

FINANCE RECEIVABLES - Allowance

FINANCE RECEIVABLES - Allowance for Credit Losses on Finance Receivables (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Beginning balance	$ 6.6	$ 6.3	$ 7.3
Provision for credit losses	0.1	0.7	0
Charge offs	(1.1)	(0.4)	(1)
Recoveries	(0.1)	0	0
Ending balance	5.5	6.6	6.3
Commercial Loans
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Beginning balance	5.7	5.9	6.5
Provision for credit losses	(0.5)	0.2	0.2
Charge offs	(1.1)	(0.4)	(0.8)
Recoveries	(0.1)	0	0
Ending balance	4	5.7	5.9
Sales-Type Leases
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Beginning balance	0.9	0.4	0.8
Provision for credit losses	0.6	0.5	(0.2)
Charge offs	0	0	(0.2)
Recoveries	0	0	0
Ending balance	$ 1.5	$ 0.9	$ 0.4

FINANCE RECEIVABLES - Impaired

FINANCE RECEIVABLES - Impaired Finance Receivables (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Financing Receivable, Impaired [Line Items]
Recorded investment	$ 1.5	$ 6
Related allowance	0.6	2.4
Average recorded investment	2.4	3.7
Commercial Loans
Financing Receivable, Impaired [Line Items]
Recorded investment	1.5	6
Related allowance	0.6	2.4
Average recorded investment	2.4	3.7	$ 1.7
Sales-Type Leases
Financing Receivable, Impaired [Line Items]
Recorded investment	0	0
Related allowance	0	0
Average recorded investment	$ 0	$ 0	$ 0.9

FINANCE RECEIVABLES - Allowan_2

FINANCE RECEIVABLES - Allowance for Credit Losses and Finance Receivables by Portfolio (Details) - USD ($) $ in Millions	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Allowance for credit losses, ending balance:
Individually evaluated for impairment	$ 0.6	$ 2.4
Collectively evaluated for impairment	4.9	4.2
Total allowance for credit losses	5.5	6.6	$ 6.3	$ 7.3
Finance receivables, ending balance:
Individually evaluated for impairment	1.5	6
Collectively evaluated for impairment	199.2	200.7
Total finance receivables	200.7	206.7
Commercial Loans
Allowance for credit losses, ending balance:
Individually evaluated for impairment	0.6	2.4
Collectively evaluated for impairment	3.4	3.3
Total allowance for credit losses	4	5.7	5.9	6.5
Finance receivables, ending balance:
Individually evaluated for impairment	1.5	6
Collectively evaluated for impairment	152.6	168.7
Total finance receivables	154.1	174.7
Sales-Type Leases
Allowance for credit losses, ending balance:
Individually evaluated for impairment	0	0
Collectively evaluated for impairment	1.5	0.9
Total allowance for credit losses	1.5	0.9	$ 0.4	$ 0.8
Finance receivables, ending balance:
Individually evaluated for impairment	0	0
Collectively evaluated for impairment	46.6	32
Total finance receivables	$ 46.6	$ 32

FINANCE RECEIVABLES - Past Due

FINANCE RECEIVABLES - Past Due Finance Receivables (Details) - USD ($) $ in Millions	Dec. 31, 2018	Dec. 31, 2017
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current	$ 198	$ 200.7
Total past due	2.7	6
Total finance receivables	200.7	206.7
31-60 days past due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total past due	0.3	2.1
61-90 days past due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total past due	0	0
Greater than 90 days past due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total past due	2.4	3.9
Commercial Loans
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current	151.6	168.7
Total past due	2.5	6
Total finance receivables	154.1	174.7
Commercial Loans | 31-60 days past due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total past due	0.1	2.1
Commercial Loans | 61-90 days past due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total past due	0	0
Commercial Loans | Greater than 90 days past due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total past due	2.4	3.9
Sales-Type Leases
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current	46.4	32
Total past due	0.2	0
Total finance receivables	46.6	32
Sales-Type Leases | 31-60 days past due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total past due	0.2	0
Sales-Type Leases | 61-90 days past due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total past due	0	0
Sales-Type Leases | Greater than 90 days past due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total past due	$ 0	$ 0

FINANCE RECEIVABLES - Finance R

FINANCE RECEIVABLES - Finance Receivable Credit Quality Indicators (Details) - USD ($) $ in Millions	Dec. 31, 2018	Dec. 31, 2017
Financing Receivable, Recorded Investment [Line Items]
Total finance receivables, gross	$ 200.7	$ 206.7
Superior
Financing Receivable, Recorded Investment [Line Items]
Total finance receivables, gross	8.4	3.3
Above Average
Financing Receivable, Recorded Investment [Line Items]
Total finance receivables, gross	32.3	31.8
Average
Financing Receivable, Recorded Investment [Line Items]
Total finance receivables, gross	45.1	73.1
Below Average
Financing Receivable, Recorded Investment [Line Items]
Total finance receivables, gross	104.7	79.6
Sub Standard
Financing Receivable, Recorded Investment [Line Items]
Total finance receivables, gross	$ 10.2	$ 18.9

INVENTORIES (Details)

INVENTORIES (Details) - USD ($) $ in Millions	Dec. 31, 2018	Dec. 31, 2017
Inventory Disclosure [Abstract]
Finished equipment	$ 532.7	$ 419.6
Replacement parts	173.3	163.3
Work-in-process	197.5	165.6
Raw materials and supplies	308.5	221.1
Inventories	1,212	969.6
Inventory reserves	$ 78.8	$ 85.8

PROPERTY, PLANT AND EQUIPMENT_2

PROPERTY, PLANT AND EQUIPMENT (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Property, plant and equipment.
Gross property, plant and equipment	$ 713.6	$ 667.3
Less: Accumulated depreciation	(368)	(356.3)
Net property, plant and equipment	345.6	311
Depreciation	53.3	59.9	$ 65.5
Property
Property, plant and equipment.
Gross property, plant and equipment	48.2	43.3
Plant
Property, plant and equipment.
Gross property, plant and equipment	176.4	144.7
Equipment
Property, plant and equipment.
Gross property, plant and equipment	$ 489	$ 479.3

EQUIPMENT SUBJECT TO OPERATIN_3

EQUIPMENT SUBJECT TO OPERATING LEASES (Details) $ in Millions	12 Months Ended
	Dec. 31, 2018USD ($)Months	Dec. 31, 2017USD ($)
Equipment subject to operating leases
Initial noncancellable lease terms, maximum (in months) | Months	90
Future minimum lease payments to be received under noncancellable operating leases
2,019	$ 3.9
2,020	1.4
2,021	0.9
2,022	0.4
2,023	0.1
Total future minimum lease payments to be received	6.7
Rental income from assets
Rental income from assets subject to operating leases	9	$ 16
Property Subject to Operating Lease
Equipment subject to operating leases
Net book value of equipment subject to operating leases	26	52
Accumulated depreciation	$ 12	$ 19

GOODWILL AND INTANGIBLE ASSET_3

GOODWILL AND INTANGIBLE ASSETS, NET (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Changes in goodwill by business segment
Balance at the beginning of the period, goodwill gross	$ 514.7	$ 500.8
Balance at the beginning of the period, goodwill net	273.6	259.7
Accumulated impairment	(241.1)	(241.1)	$ (241.1)
Foreign exchange effect and other	(8.4)	13.9
Balance at the end of the period, goodwill gross	506.3	514.7
Balance at the end of the period, goodwill net	265.2	273.6
Aerial Work Platforms
Changes in goodwill by business segment
Balance at the beginning of the period, goodwill gross	140.2	137.7
Balance at the beginning of the period, goodwill net	101.6	99.1
Accumulated impairment	(38.6)	(38.6)	(38.6)
Foreign exchange effect and other	(1)	2.5
Balance at the end of the period, goodwill gross	139.2	140.2
Balance at the end of the period, goodwill net	100.6	101.6
Cranes
Changes in goodwill by business segment
Balance at the beginning of the period, goodwill gross	179.3	179.3
Balance at the beginning of the period, goodwill net	0	0
Accumulated impairment	(179.3)	(179.3)	(179.3)
Foreign exchange effect and other	0	0
Balance at the end of the period, goodwill gross	179.3	179.3
Balance at the end of the period, goodwill net	0	0
Materials Processing
Changes in goodwill by business segment
Balance at the beginning of the period, goodwill gross	195.2	183.8
Balance at the beginning of the period, goodwill net	172	160.6
Accumulated impairment	(23.2)	(23.2)	$ (23.2)
Foreign exchange effect and other	(7.4)	11.4
Balance at the end of the period, goodwill gross	187.8	195.2
Balance at the end of the period, goodwill net	$ 164.6	$ 172

GOODWILL AND INTANGIBLE ASSET_4

GOODWILL AND INTANGIBLE ASSETS, NET - INTANGIBLE ASSETS (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Finite-Lived Intangible Assets [Line Items]
Definite-lived intangible assets - Gross Carrying Amount	$ 83	$ 83.3
Definite-lived intangible assets - Accumulated Amortization	(69.8)	(69.5)
Definite-lived intangible assets - Net Carrying Amount	13.2	13.8
Aggregate Amortization Expense	2	2	$ 2.9
Estimated Aggregate Intangible Asset Amortization Expense
2,019	1.8
2,020	1.8
2,021	1.7
2,022	1.4
2,023	$ 0.9
Technology
Finite-Lived Intangible Assets [Line Items]
Definite-lived intangible assets - Weighted Average Life (in years)	7 years
Definite-lived intangible assets - Gross Carrying Amount	$ 19.7	18.8
Definite-lived intangible assets - Accumulated Amortization	(17.3)	(17.8)
Definite-lived intangible assets - Net Carrying Amount	$ 2.4	1
Customer Relationships
Finite-Lived Intangible Assets [Line Items]
Definite-lived intangible assets - Weighted Average Life (in years)	20 years
Definite-lived intangible assets - Gross Carrying Amount	$ 32.6	33.2
Definite-lived intangible assets - Accumulated Amortization	(28.7)	(28.3)
Definite-lived intangible assets - Net Carrying Amount	$ 3.9	4.9
Land Use Rights
Finite-Lived Intangible Assets [Line Items]
Definite-lived intangible assets - Weighted Average Life (in years)	81 years
Definite-lived intangible assets - Gross Carrying Amount	$ 4.4	4.8
Definite-lived intangible assets - Accumulated Amortization	(0.6)	(0.6)
Definite-lived intangible assets - Net Carrying Amount	$ 3.8	4.2
Other
Finite-Lived Intangible Assets [Line Items]
Definite-lived intangible assets - Weighted Average Life (in years)	8 years
Definite-lived intangible assets - Gross Carrying Amount	$ 26.3	26.5
Definite-lived intangible assets - Accumulated Amortization	(23.2)	(22.8)
Definite-lived intangible assets - Net Carrying Amount	$ 3.1	$ 3.7

DERIVATIVE FINANCIAL INSTRUME_3

DERIVATIVE FINANCIAL INSTRUMENTS - Narratives (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Derivative [Line Items]
Cash flow hedge gain (loss) to be reclassified within twelve months	$ (2.7)
Foreign exchange contracts | Derivatives designated as hedges
Derivative [Line Items]
Derivative, notional amount	394	$ 313.4
Foreign exchange contracts | Derivatives not designated as hedges
Derivative [Line Items]
Derivative, notional amount	107.8	113.2
Cross currency swaps | Derivatives designated as hedges
Derivative [Line Items]
Derivative, notional amount	45.9	$ 48
Commodity Swap [Member] | Derivatives designated as hedges
Derivative [Line Items]
Derivative, notional amount	$ 11.2

DERIVATIVE FINANCIAL INSTRUME_4

DERIVATIVE FINANCIAL INSTRUMENTS - Balance Sheet Table (Details) - USD ($) $ in Millions	Dec. 31, 2018	Dec. 31, 2017
Derivatives designated as hedges
Derivatives, Fair Value [Line Items]
Net derivative asset (liability)	$ (6)	$ (0.4)
Derivatives not designated as hedges
Derivatives, Fair Value [Line Items]
Net derivative asset (liability)	0.7	1.8
Foreign exchange contracts | Derivatives designated as hedges | Other current assets
Derivatives, Fair Value [Line Items]
Derivative assets	3	5.8
Foreign exchange contracts | Derivatives designated as hedges | Other current liabilities
Derivatives, Fair Value [Line Items]
Derivative liabilities	(5.7)	(1.6)
Foreign exchange contracts | Derivatives not designated as hedges | Other current assets
Derivatives, Fair Value [Line Items]
Derivative assets	0.2	0.3
Foreign exchange contracts | Derivatives not designated as hedges | Other current liabilities
Derivatives, Fair Value [Line Items]
Derivative liabilities	0	0
Cross currency swaps | Derivatives designated as hedges | Other current assets
Derivatives, Fair Value [Line Items]
Derivative assets	0.8	0.7
Cross currency swaps | Derivatives designated as hedges | Other non-current liabilities
Derivatives, Fair Value [Line Items]
Derivative liabilities	(3)	(5.3)
Cross currency swaps | Derivatives not designated as hedges | Other current assets
Derivatives, Fair Value [Line Items]
Derivative assets	0	0
Cross currency swaps | Derivatives not designated as hedges | Other non-current liabilities
Derivatives, Fair Value [Line Items]
Derivative liabilities	0	0
Debt conversion feature | Derivatives designated as hedges | Other assets
Derivatives, Fair Value [Line Items]
Derivative assets	0	0
Debt conversion feature | Derivatives not designated as hedges | Other assets
Derivatives, Fair Value [Line Items]
Derivative assets	0.5	1.5
Commodity swaps | Derivatives designated as hedges | Other current liabilities
Derivatives, Fair Value [Line Items]
Derivative liabilities	(1.1)	0
Commodity swaps | Derivatives not designated as hedges | Other current liabilities
Derivatives, Fair Value [Line Items]
Derivative liabilities	$ 0	$ 0

DERIVATIVE FINANCIAL INSTRUME_5

DERIVATIVE FINANCIAL INSTRUMENTS - Income Statement and AOCI Tables (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Derivative Instruments, Gain (Loss) [Line Items]
Cost of goods sold	$ (4,158.2)	$ (3,547.4)	$ (3,730.7)
Other income (expense) – net	(79.7)	45.3	(30.8)
Derivatives not designated as hedges
Derivative Instruments, Gain (Loss) [Line Items]
Gain (Loss) Recognized in Income on Derivatives not designated as hedges	(1)	(0.7)	0.9
Derivatives not designated as hedges | Foreign exchange contracts | Other income (expense) - net
Derivative Instruments, Gain (Loss) [Line Items]
Gain (Loss) Recognized in Income on Derivatives not designated as hedges	(0.1)	(1.1)	0.9
Derivatives not designated as hedges | Debt conversion feature | Other income (expense) - net
Derivative Instruments, Gain (Loss) [Line Items]
Gain (Loss) Recognized in Income on Derivatives not designated as hedges	(0.9)	0.4	0
Derivatives designated as hedges | Cash Flow Hedging
Derivative Instruments, Gain (Loss) [Line Items]
Gain (Loss) Recognized on Derivatives in OCI, net of tax	(6.5)	4.5	(4.7)
Gain (Loss) Reclassified from AOCI into Income	(0.7)
Gain (Loss) Reclassified from AOCI into Income (Loss) (Effective)		(0.7)	(2)
Gain (Loss) Recognized on Derivatives (Ineffective) in Income (Loss)		2	1
Derivatives designated as hedges | Cost of Sales | Cash Flow Hedging
Derivative Instruments, Gain (Loss) [Line Items]
Gain (Loss) Reclassified from AOCI into Income	(2.8)
Gain (Loss) Reclassified from AOCI into Income (Loss) (Effective)		2.4	(2)
Gain (Loss) Recognized on Derivatives (Ineffective) in Income (Loss)		2.1	1
Derivatives designated as hedges | Other income (expense) - net | Cash Flow Hedging
Derivative Instruments, Gain (Loss) [Line Items]
Gain (Loss) Reclassified from AOCI into Income	2.1
Gain (Loss) Reclassified from AOCI into Income (Loss) (Effective)		(3.1)	0
Gain (Loss) Recognized on Derivatives (Ineffective) in Income (Loss)		(0.1)	0
Derivatives designated as hedges | Foreign exchange contracts | Cash Flow Hedging
Derivative Instruments, Gain (Loss) [Line Items]
Gain (Loss) Recognized on Derivatives in OCI, net of tax	(5.4)	5.4	(4.5)
Derivatives designated as hedges | Foreign exchange contracts | Cost of Sales | Cash Flow Hedging
Derivative Instruments, Gain (Loss) [Line Items]
Gain (Loss) Reclassified from AOCI into Income	(2.6)
Derivatives designated as hedges | Foreign exchange contracts | Other income (expense) - net | Cash Flow Hedging
Derivative Instruments, Gain (Loss) [Line Items]
Gain (Loss) Reclassified from AOCI into Income	0
Derivatives designated as hedges | Commodity swaps | Cash Flow Hedging
Derivative Instruments, Gain (Loss) [Line Items]
Gain (Loss) Recognized on Derivatives in OCI, net of tax	(1.2)
Derivatives designated as hedges | Commodity swaps | Cost of Sales | Cash Flow Hedging
Derivative Instruments, Gain (Loss) [Line Items]
Gain (Loss) Reclassified from AOCI into Income	(0.2)
Derivatives designated as hedges | Commodity swaps | Other income (expense) - net | Cash Flow Hedging
Derivative Instruments, Gain (Loss) [Line Items]
Gain (Loss) Reclassified from AOCI into Income	0
Derivatives designated as hedges | Cross currency swaps | Cash Flow Hedging
Derivative Instruments, Gain (Loss) [Line Items]
Gain (Loss) Recognized on Derivatives in OCI, net of tax	0.1	(0.9)	0
Derivatives designated as hedges | Cross currency swaps | Cost of Sales | Cash Flow Hedging
Derivative Instruments, Gain (Loss) [Line Items]
Gain (Loss) Reclassified from AOCI into Income	0
Derivatives designated as hedges | Cross currency swaps | Other income (expense) - net | Cash Flow Hedging
Derivative Instruments, Gain (Loss) [Line Items]
Gain (Loss) Reclassified from AOCI into Income	2.1
Derivatives designated as hedges | Interest rate swap | Cash Flow Hedging
Derivative Instruments, Gain (Loss) [Line Items]
Gain (Loss) Recognized on Derivatives in OCI, net of tax		$ 0	$ (0.2)
Reclassification out of Accumulated Other Comprehensive Income | Accumulated Gain (Loss), Cash Flow Hedge, Including Noncontrolling Interest | Cash Flow Hedging
Derivative Instruments, Gain (Loss) [Line Items]
Cost of goods sold	(4,158.2)
Other income (expense) – net	$ (79.7)

RESTRUCTURING AND OTHER CHARG_3

RESTRUCTURING AND OTHER CHARGES (Details) $ in Millions	12 Months Ended
	Dec. 31, 2018USD ($)teammembers	Dec. 31, 2017USD ($)	Dec. 31, 2016USD ($)
Restructuring Cost and Reserve [Line Items]
Amounts incurred/(reduced)	$ (2.5)
Cumulative amount incurred	61
Total amount expected to be incurred	61
Cost of Sales
Restructuring Cost and Reserve [Line Items]
Severance Costs	1	$ (17.7)	$ 21.1
Amounts incurred/(reduced)	(2)	(5.9)	42.6
Restructuring Charges
Restructuring Cost and Reserve [Line Items]
Asset Impairment Charges			17.7
Selling, General and Administrative Expenses
Restructuring Cost and Reserve [Line Items]
Severance Costs	3.3	6.1	12.7
Amounts incurred/(reduced)	(0.5)	(3.3)	$ 20.8
Employee Termination Costs
Restructuring Cost and Reserve [Line Items]
Amounts incurred/(reduced)	(4.7)
Cumulative amount incurred	40.9
Total amount expected to be incurred	40.9
Roll forward of the restructuring reserve by type of restructuring activity
Restructuring reserve balance at the beginning of the period	29.7
Restructuring Reserve, Accrual Adjustment	(4.7)
Cash expenditures	(11.2)
Restructuring Reserve, Translation and Other Adjustment	(0.6)
Restructuring reserve balance at the end of the period	13.2	$ 29.7
Facility Exit Costs
Restructuring Cost and Reserve [Line Items]
Amounts incurred/(reduced)	2.2
Cumulative amount incurred	7.3
Total amount expected to be incurred	7.3
Asset Disposal and Other Costs
Restructuring Cost and Reserve [Line Items]
Amounts incurred/(reduced)	0
Cumulative amount incurred	12.8
Total amount expected to be incurred	$ 12.8
Cranes
Restructuring Cost and Reserve [Line Items]
Expected number of positions eliminated | teammembers	550
Operating Segments | Aerial Work Platforms
Restructuring Cost and Reserve [Line Items]
Amounts incurred/(reduced)	$ 0
Cumulative amount incurred	0.2
Total amount expected to be incurred	0.2
Operating Segments | Cranes
Restructuring Cost and Reserve [Line Items]
Amounts incurred/(reduced)	(3.5)
Cumulative amount incurred	57.6
Total amount expected to be incurred	57.6
Operating Segments | Materials Processing
Restructuring Cost and Reserve [Line Items]
Amounts incurred/(reduced)	0
Cumulative amount incurred	0.1
Total amount expected to be incurred	0.1
Corporate and Other / Eliminations
Restructuring Cost and Reserve [Line Items]
Amounts incurred/(reduced)	1
Cumulative amount incurred	3.1
Total amount expected to be incurred	$ 3.1

LONG-TERM OBLIGATIONS - Schedul

LONG-TERM OBLIGATIONS - Schedule of Long-term Debt (Details) - USD ($) $ in Millions	Dec. 31, 2018	Dec. 31, 2017	Jan. 31, 2017
Debt Instrument [Line Items]
Debt Issuance Costs, Net	$ 13.9
Net debt	1,216.7
Capital lease obligations	2.7	$ 3.1
Total debt	1,219.4	984.8
Notes payable and current portion of long-term debt	(4.7)	(5.2)
Long-term debt, less current portion	$ 1,214.7	979.6
Senior Notes | 5-5/8% Senior Notes due February 1, 2025
Debt Instrument [Line Items]
Interest rate of debt securities (as a percent)	5.625%		5.625%
Debt Issuance Costs, Net	$ 8.9	10.4
Net debt	591.1	589.6
Credit Agreement | Credit Agreement 2017
Debt Instrument [Line Items]
Debt Issuance Costs, Net	5	6.1
Net debt	386.4	389
Other Debt Obligations
Debt Instrument [Line Items]
Net debt	$ 2.2	$ 3.1

LONG-TERM OBLIGATIONS - Additio

LONG-TERM OBLIGATIONS - Additional Information (Details) € in Millions, $ in Millions	Feb. 28, 2018	Aug. 17, 2017	Apr. 03, 2017USD ($)	Mar. 31, 2017USD ($)	Sep. 30, 2017	Dec. 31, 2018USD ($)	Dec. 31, 2017USD ($)	Dec. 31, 2016USD ($)	Apr. 10, 2018USD ($)	Mar. 31, 2018USD ($)	Jan. 31, 2017USD ($)	May 28, 2015USD ($)	Aug. 13, 2014USD ($)	Aug. 13, 2014EUR (€)	Nov. 26, 2012USD ($)	Mar. 27, 2012	Mar. 26, 2012USD ($)	Nov. 13, 2007USD ($)
Debt Instrument [Line Items]
Gain (loss) on extinguishment of debt						$ (0.7)	$ (52.6)	$ (0.4)
Net debt						1,216.7
Repayments of debt						1,150.1	1,594.1	1,286.3
Interest paid						57.5	59.5	96.2
Credit Agreement 2017
Debt Instrument [Line Items]
Gain (loss) on extinguishment of debt						(0.7)	(0.7)
Letters of credit outstanding						0
Debt instrument collateral percentage of material subsidiaries capital stock											65.00%
Revolving Credit Facility
Debt Instrument [Line Items]
Net debt						$ 237	0
Weighted average interest rate						5.98%
Credit Agreement 2014
Debt Instrument [Line Items]
Revolving line of credit available borrowing capacity													$ 600
Gain (loss) on extinguishment of debt							(8.2)
6-1/2% Senior Notes
Debt Instrument [Line Items]
Interest rate of debt securities (as a percent)																6.50%
Securitization 2,015
Debt Instrument [Line Items]
Revolving line of credit available borrowing capacity												$ 350
Write off of deferred debt issuance cost								0.4
Commitment Letter
Debt Instrument [Line Items]
Professional fees								$ 7.2
Credit Agreement | Credit Agreement 2017
Debt Instrument [Line Items]
Incremental borrowing capacity											$ 300
Net debt						$ 386.4	389
Credit Agreement | Credit Agreement 2017 | Revolving Credit Facility
Debt Instrument [Line Items]
Revolving line of credit available borrowing capacity									$ 600	$ 450
Springing covenant threshold											30.00%
Minimum interest coverage ratio						2.5
Senior secured debt leverage ratio maximum						2.75
Credit Agreement | Credit Agreement 2017 | Secured Debt
Debt Instrument [Line Items]
Long-term line of credit											$ 400
Interest rate increase (decrease)	(0.025%)	(0.025%)
Net debt						$ 391.4	$ 395.1
Weighted average interest rate						4.50%	3.94%
Credit Agreement | Credit Agreement 2017 | Letter of Credit
Debt Instrument [Line Items]
Letters of Credit Maximum Available under Credit Facility											400
Letters of credit outstanding						$ 75.8	$ 57.4
Credit Agreement | Credit Agreement 2014 | Secured Debt
Debt Instrument [Line Items]
Long-term line of credit													$ 230	€ 200
Credit Agreement | Additional Credit Agreement 2017 | Letter of Credit
Debt Instrument [Line Items]
Letters of credit outstanding						33.4	34.3
Letters of credit maximum available under additional facilities											300
Credit Agreement | Bilateral Arrangements 2017 Credit Agreement | Letter of Credit
Debt Instrument [Line Items]
Letters of credit outstanding						42.4	23.1
Senior Notes
Debt Instrument [Line Items]
Gain (loss) on extinguishment of debt							(43.7)
Senior Notes | 6-1/2% Senior Notes
Debt Instrument [Line Items]
Net debt																	$ 300
Redemption price, percentage of principal amount redeemed					103.25%
Repurchased face amount			$ 254.2	$ 45.8
Repayments of debt			266.7	47.9
Repurchase premium				1.2
Interest payable			8.4	0.9
Call premium			$ 4.1
Senior Notes | 6% Senior Notes due May 15, 2021
Debt Instrument [Line Items]
Net debt															$ 850			$ 800
Interest rate of debt securities (as a percent)															6.00%
Repayments of debt				887.2
Repurchase premium				25.9
Interest payable				$ 11.3
Authorized repurchase amount											$ 550
Senior Notes | 8% Senior Subordinated Notes due November 15, 2017
Debt Instrument [Line Items]
Interest rate of debt securities (as a percent)																		8.00%
Senior Notes | 5-5/8% Senior Notes due February 1, 2025
Debt Instrument [Line Items]
Net debt						$ 591.1	$ 589.6
Interest rate of debt securities (as a percent)						5.625%					5.625%
Debt instrument, face amount											$ 600
Senior Notes | Senior Notes, 6%, $300 Million Partial Redemption
Debt Instrument [Line Items]
Authorized repurchase amount											$ 300
London Interbank Offered Rate (LIBOR) [Member] | Credit Agreement | Credit Agreement 2017 | Secured Debt
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate	2.00%
Debt Instrument, Floor Interest Rate	0.75%

LONG-TERM OBLIGATIONS - Sched_2

LONG-TERM OBLIGATIONS - Schedule of Debt Maturities (Details) $ in Millions	Dec. 31, 2018USD ($)
Long-term Debt, Fiscal Year Maturity [Abstract]
2,019	$ 4.5
2,020	3.8
2,021	3.7
2,022	240.7
2,023	3.7
Thereafter	974.2
Total	1,230.6
Less: Unamortized debt issuance costs	(13.9)
Net debt	$ 1,216.7

LONG-TERM OBLIGATIONS - Sched_3

LONG-TERM OBLIGATIONS - Schedule of Fair Value (Details) $ in Millions	Dec. 31, 2018USD ($)$ / shares	Dec. 31, 2017USD ($)$ / shares
Senior Notes | 5-5/8% Notes
Debt Instrument [Line Items]
Book Value	$ 600	$ 600
FV	560	624
Credit Agreement | 2017 Credit Agreement Term Loan (net of discount)
Debt Instrument [Line Items]
Book Value	391.4	395.1
FV	$ 379	$ 398
Measurement Input, Quoted Price | Senior Notes | 5-5/8% Notes
Debt Instrument [Line Items]
Quote | $ / shares	0.93250	1.04000
Measurement Input, Quoted Price | Credit Agreement | 2017 Credit Agreement Term Loan (net of discount)
Debt Instrument [Line Items]
Quote | $ / shares	0.96750	1.00708

LEASE COMMITMENTS (Details)

LEASE COMMITMENTS (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Operating lease payments
2,019	$ 32.5
2,020	27.2
2,021	23.8
2,022	19.5
2,023	16.6
Thereafter	37
Total minimum obligations	156.6
Total rental expense under operating leases	$ 41	$ 39.9	$ 44.3

RETIREMENT PLANS AND OTHER BE_3

RETIREMENT PLANS AND OTHER BENEFITS - Information Regarding Company's Plans (Details) $ in Millions	Nov. 05, 2018USD ($)	Dec. 31, 2018USD ($)	Nov. 30, 2018USD ($)	Dec. 31, 2018USD ($)pensionplans	Dec. 31, 2017USD ($)	Dec. 31, 2016USD ($)	Oct. 31, 2018Participant
Amounts recognized in the statement of financial position consist of:
Non-current liabilities		$ 140.8		$ 140.8	$ 151.3
Pension Plan
Defined Benefit Plan Disclosure [Line Items]
Employee Benefits and Share-based Compensation				22.9	16.9	$ 19.3
Other Benefits
Change in benefit obligation:
Benefit obligation at beginning of year			$ 3.4	3.4	4.2
Service cost				0	0	0
Interest cost				0.1	0.1	0.2
Acquisitions and divestitures				0	0
Settlements				0	0
Plan amendments				0	0
Actuarial loss (gain)				(0.2)	(0.4)
Benefits paid				(0.3)	(0.5)
Foreign Exchange effect				0	0
Benefit obligation at end of year		3		3	3.4	4.2
Change in plan assets:
Fair value of plan assets at beginning of year			0	0	0
Actual return on plan assets				0	0
Settlements				0	0
Employer contribution				0.3	0.5
Employee contribution				0	0
Benefits paid				(0.3)	(0.5)
Foreign exchange effect				0	0
Fair value of plan assets at end of year		0		0	0	$ 0
Funded status		(3)		(3)	(3.4)
Amounts recognized in the statement of financial position consist of:
Current liabilities		0.4		0.4	0.4
Non-current liabilities		2.6		2.6	3
Total liabilities		3		3	3.4
Amounts recognized in accumulated other comprehensive income consist of:
Actuarial net loss		0.5		0.5	0.9
Prior service cost		0		0	0
Total amounts recognized in accumulated other comprehensive income		$ 0.5		$ 0.5	$ 0.9
Weighted-average assumptions as of December 31:
Discount rate		4.14%		4.14%	3.58%	3.81%
Components of net periodic cost:
Service cost				$ 0	$ 0	$ 0
Interest cost				0.1	0.1	0.2
Expected return on plan assets				0	0	0
Recognition of prior service cost				0	0	0
Amortization of actuarial loss				0.1	(1.2)	0
Settlements				0	0	0
Other				0	0	0
Net periodic cost				$ 0.2	(1.1)	0.2
U.S. Plan | Pension Plan
Defined Benefit Plan Disclosure [Line Items]
Basis of Serp Benefit Compensation Earned Years of Employment				5 years
Number of qualified pension plans maintained by entity | pensionplans				1
Minimum Contribution Requirement		$ 0		$ 0
Accumulated benefit obligation at end of year		35.1		35.1	153.3
Change in benefit obligation:
Benefit obligation at beginning of year			160.4	160.4	167.6
Service cost				0.4	0.6	0.6
Interest cost				5.4	6.4	7.1
Acquisitions and divestitures				0	0
Settlements				(108.5)	0
Plan amendments				0	0
Actuarial loss (gain)				(8.5)	0.1
Benefits paid				(10.1)	(14.3)
Foreign Exchange effect				0	0
Benefit obligation at end of year		39.1		39.1	160.4	167.6
Change in plan assets:
Fair value of plan assets at beginning of year			$ 118.5	118.5	117.1
Actual return on plan assets				(6)	14.5
Settlements	$ (4.8)			(108.5)	0
Employer contribution				6.1	1.2
Employee contribution				0	0
Benefits paid				(10.1)	(14.3)
Foreign exchange effect				0	0
Fair value of plan assets at end of year		0		0	118.5	$ 117.1
Funded status		(39.1)		(39.1)	(41.9)
Amounts recognized in the statement of financial position consist of:
Current liabilities		1.3		1.3	1.2
Non-current liabilities		37.8		37.8	40.7
Total liabilities		39.1		39.1	41.9
Amounts recognized in accumulated other comprehensive income consist of:
Actuarial net loss		(0.9)		(0.9)	64.8
Prior service cost		0		0	0.1
Total amounts recognized in accumulated other comprehensive income		$ (0.9)		$ (0.9)	$ 64.9
Weighted-average assumptions as of December 31:
Discount rate		4.41%		4.41%	3.78%	4.03%
Expected return on plan assets		0.00%	7.00%		7.00%	7.00%
Rate of compensation increase		3.75%		3.75%	3.75%	3.75%
Components of net periodic cost:
Service cost				$ 0.4	$ 0.6	$ 0.6
Interest cost				5.4	6.4	7.1
Expected return on plan assets				(7.3)	(7.8)	(8.3)
Recognition of prior service cost				0.1	0.1	0.2
Amortization of actuarial loss				3.4	4.1	4.2
Settlements				67	0	0
Other				0	0	0
Net periodic cost				69	3.4	3.8
Number of plan participants | Participant							2,600
Settlement loss (after tax)				42.6
Non-U.S. Plans | Pension Plan
Defined Benefit Plan Disclosure [Line Items]
Accumulated benefit obligation at end of year		$ 208.5		208.5	229.4
Change in benefit obligation:
Benefit obligation at beginning of year			$ 231.6	231.6	211.5
Service cost				3.1	3.2	3.1
Interest cost				4.6	5	6.5
Acquisitions and divestitures				0	(0.1)
Settlements				(2.7)	(5)
Plan amendments				2.6	0
Actuarial loss (gain)				(8.1)	1.1
Benefits paid				(8.6)	(7.1)
Foreign Exchange effect				(11.9)	23
Benefit obligation at end of year		210.6		210.6	231.6	211.5
Change in plan assets:
Fair value of plan assets at beginning of year			$ 121.2	121.2	108.3
Actual return on plan assets				(4.1)	6.9
Settlements				(2.7)	(5)
Employer contribution				7.9	7.5
Employee contribution				0.5	0.4
Benefits paid				(8.6)	(7.1)
Foreign exchange effect				(6.7)	10.2
Fair value of plan assets at end of year		107.5		107.5	121.2	$ 108.3
Funded status		(103.1)		(103.1)	(110.4)
Amounts recognized in the statement of financial position consist of:
Current liabilities		2.7		2.7	2.8
Non-current liabilities		100.4		100.4	107.6
Total liabilities		103.1		103.1	110.4
Amounts recognized in accumulated other comprehensive income consist of:
Actuarial net loss		61.3		61.3	68.2
Prior service cost		2.7		2.7	0.1
Total amounts recognized in accumulated other comprehensive income		$ 64		$ 64	$ 68.3
Weighted-average assumptions as of December 31:
Discount rate		2.39%		2.39%	2.15%	2.27%
Expected return on plan assets				4.40%	4.43%	5.90%
Rate of compensation increase		0.98%		0.98%	0.93%	0.89%
Components of net periodic cost:
Service cost				$ 3.1	$ 3.2	$ 3.1
Interest cost				4.6	5	6.5
Expected return on plan assets				(5)	(5)	(6)
Recognition of prior service cost				0	0	0
Amortization of actuarial loss				3.2	3.5	2.5
Settlements				0.8	1.5	0
Other				(1)	(0.4)	(0.4)
Net periodic cost				$ 5.7	$ 7.8	$ 5.7

RETIREMENT PLANS AND OTHER BE_4

RETIREMENT PLANS AND OTHER BENEFITS - Changes in Plan Assets and Benefit Obligations Recognized in OCI and Asset Allocation (Details) - USD ($) $ in Millions	1 Months Ended	11 Months Ended	12 Months Ended
	Dec. 31, 2018	Nov. 30, 2018	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2019
Pension Plan | Non-U.S. Plans
Other Changes in Plan Assets and Benefit Obligations Recognized in Other Comprehensive Income:
Net (gain) loss			$ 0.9	$ (0.7)
Amortization of actuarial gain (loss)			(3.2)	(3.5)
Amortization of prior service cost			2.5	0
Disposals			0	(79.4)
Settlements			(0.8)	(1.5)
Foreign exchange effect			(3.7)	7.1
Total recognized in other comprehensive income			(4.3)	(78)
Amounts expected to be recognized as components of net periodic cost at the end of the period
Actuarial net loss	$ 3.3		3.3
Prior service cost	0.1		0.1
Total amount expected to be recognized as components of net periodic cost at the end of the period	3.4		3.4
Accumulated Benefit Obligations in Excess of Plan Assets
Projected benefit obligation	210.6		210.6	231.6
Accumulated benefit obligation	208.5		208.5	229.4
Fair value of plan assets	$ 107.5		$ 107.5	$ 121.2
Investment Strategy [Abstract]
Expected return on plan assets			4.40%	4.43%	5.90%
Pension Plan | Non-U.S. Plans | Fixed Income Securities
Investment Strategy [Abstract]
Defined Benefit Plan, Plan Assets, Actual Allocation, Percentage	76.00%		76.00%	72.00%
Pension Plan | Non-U.S. Plans | Equity Funds
Investment Strategy [Abstract]
Defined Benefit Plan, Plan Assets, Actual Allocation, Percentage	24.00%		24.00%	28.00%
Pension Plan | Non-U.S. Plans | North America
Investment Strategy [Abstract]
Defined Benefit Plan, Plan Assets, Actual Allocation, Percentage	10.00%		10.00%
Pension Plan | Non-U.S. Plans | Europe
Investment Strategy [Abstract]
Defined Benefit Plan, Plan Assets, Actual Allocation, Percentage	90.00%		90.00%
Pension Plan | Non-U.S. Plans | Subsequent Event | Minimum | Equity Securities
Investment Strategy [Abstract]
Target plan asset allocations						29.00%
Pension Plan | Non-U.S. Plans | Subsequent Event | Minimum | Fixed Income Securities
Investment Strategy [Abstract]
Target plan asset allocations						69.00%
Pension Plan | Non-U.S. Plans | Subsequent Event | Maximum | Equity Securities
Investment Strategy [Abstract]
Target plan asset allocations						31.00%
Pension Plan | Non-U.S. Plans | Subsequent Event | Maximum | Fixed Income Securities
Investment Strategy [Abstract]
Target plan asset allocations						71.00%
Pension Plan | U.S. Plan
Other Changes in Plan Assets and Benefit Obligations Recognized in Other Comprehensive Income:
Net (gain) loss			$ 4.7	$ (6.8)
Amortization of actuarial gain (loss)			(3.4)	(4.1)
Amortization of prior service cost			(0.1)	(0.1)
Disposals			0	0
Settlements			(67)	0
Foreign exchange effect			0	0
Total recognized in other comprehensive income			(65.8)	(11)
Amounts expected to be recognized as components of net periodic cost at the end of the period
Actuarial net loss	$ (0.3)		(0.3)
Prior service cost	0.1		0.1
Total amount expected to be recognized as components of net periodic cost at the end of the period	(0.2)		(0.2)
Accumulated Benefit Obligations in Excess of Plan Assets
Projected benefit obligation	39.1		39.1	160.4
Accumulated benefit obligation	35.1		35.1	153.3
Fair value of plan assets	$ 0		0	$ 118.5
Investment Strategy [Abstract]
Expected return on plan assets	0.00%	7.00%		7.00%	7.00%
Pension Plan | U.S. Plan | Equity Securities
Investment Strategy [Abstract]
Defined Benefit Plan, Plan Assets, Actual Allocation, Percentage				31.00%
Pension Plan | U.S. Plan | Fixed Income Securities
Investment Strategy [Abstract]
Defined Benefit Plan, Plan Assets, Actual Allocation, Percentage				69.00%
Other Benefits
Other Changes in Plan Assets and Benefit Obligations Recognized in Other Comprehensive Income:
Net (gain) loss			(0.3)	$ (0.3)
Amortization of actuarial gain (loss)			(0.1)	1.2
Amortization of prior service cost			0	0
Disposals			0	0
Settlements			0	0
Foreign exchange effect			0	0
Total recognized in other comprehensive income			(0.4)	$ 0.9
Amounts expected to be recognized as components of net periodic cost at the end of the period
Actuarial net loss	$ 0		0
Prior service cost	0		0
Total amount expected to be recognized as components of net periodic cost at the end of the period	$ 0		$ 0

RETIREMENT PLANS AND OTHER BE_5

RETIREMENT PLANS AND OTHER BENEFITS - Schedule of Fair Value of Plan Assets (Details) - Pension Plan - USD ($) $ in Millions	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
U.S. Plan
Defined Benefit Plan Disclosure [Line Items]
Total investments measured at fair value	$ 0	$ 118.5	$ 117.1
U.S. Plan | Fair Value, Inputs, Level 1
Defined Benefit Plan Disclosure [Line Items]
Total investments measured at fair value	0	2.5
U.S. Plan | Fair Value, Inputs, Level 2
Defined Benefit Plan Disclosure [Line Items]
Total investments measured at fair value	0	0
U.S. Plan | NAV
Defined Benefit Plan Disclosure [Line Items]
Total investments measured at fair value	0	116
U.S. Plan | Cash, including money market funds
Defined Benefit Plan Disclosure [Line Items]
Total investments measured at fair value	0	2.5
U.S. Plan | Cash, including money market funds | Fair Value, Inputs, Level 1
Defined Benefit Plan Disclosure [Line Items]
Total investments measured at fair value	0	2.5
U.S. Plan | Cash, including money market funds | Fair Value, Inputs, Level 2
Defined Benefit Plan Disclosure [Line Items]
Total investments measured at fair value	0	0
U.S. Plan | Cash, including money market funds | NAV
Defined Benefit Plan Disclosure [Line Items]
Total investments measured at fair value	0	0
U.S. Plan | U.S. equities
Defined Benefit Plan Disclosure [Line Items]
Total investments measured at fair value	0	27.6
U.S. Plan | U.S. equities | Fair Value, Inputs, Level 1
Defined Benefit Plan Disclosure [Line Items]
Total investments measured at fair value	0	0
U.S. Plan | U.S. equities | Fair Value, Inputs, Level 2
Defined Benefit Plan Disclosure [Line Items]
Total investments measured at fair value	0	0
U.S. Plan | U.S. equities | NAV
Defined Benefit Plan Disclosure [Line Items]
Total investments measured at fair value	0	27.6
U.S. Plan | Non-U.S. equities
Defined Benefit Plan Disclosure [Line Items]
Total investments measured at fair value	0	8.7
U.S. Plan | Non-U.S. equities | Fair Value, Inputs, Level 1
Defined Benefit Plan Disclosure [Line Items]
Total investments measured at fair value	0	0
U.S. Plan | Non-U.S. equities | Fair Value, Inputs, Level 2
Defined Benefit Plan Disclosure [Line Items]
Total investments measured at fair value	0	0
U.S. Plan | Non-U.S. equities | NAV
Defined Benefit Plan Disclosure [Line Items]
Total investments measured at fair value	0	8.7
U.S. Plan | U.S. corporate bonds
Defined Benefit Plan Disclosure [Line Items]
Total investments measured at fair value		55.8
U.S. Plan | U.S. corporate bonds | Fair Value, Inputs, Level 1
Defined Benefit Plan Disclosure [Line Items]
Total investments measured at fair value		0
U.S. Plan | U.S. corporate bonds | Fair Value, Inputs, Level 2
Defined Benefit Plan Disclosure [Line Items]
Total investments measured at fair value		0
U.S. Plan | U.S. corporate bonds | NAV
Defined Benefit Plan Disclosure [Line Items]
Total investments measured at fair value		55.8
U.S. Plan | Non-U.S. corporate bonds
Defined Benefit Plan Disclosure [Line Items]
Total investments measured at fair value	0	0
U.S. Plan | Non-U.S. corporate bonds | Fair Value, Inputs, Level 1
Defined Benefit Plan Disclosure [Line Items]
Total investments measured at fair value	0	0
U.S. Plan | Non-U.S. corporate bonds | Fair Value, Inputs, Level 2
Defined Benefit Plan Disclosure [Line Items]
Total investments measured at fair value	0	0
U.S. Plan | Non-U.S. corporate bonds | NAV
Defined Benefit Plan Disclosure [Line Items]
Total investments measured at fair value	0	0
U.S. Plan | U.S. government securities
Defined Benefit Plan Disclosure [Line Items]
Total investments measured at fair value		16.4
U.S. Plan | U.S. government securities | Fair Value, Inputs, Level 1
Defined Benefit Plan Disclosure [Line Items]
Total investments measured at fair value		0
U.S. Plan | U.S. government securities | Fair Value, Inputs, Level 2
Defined Benefit Plan Disclosure [Line Items]
Total investments measured at fair value		0
U.S. Plan | U.S. government securities | NAV
Defined Benefit Plan Disclosure [Line Items]
Total investments measured at fair value		16.4
U.S. Plan | Non-U.S. government securities
Defined Benefit Plan Disclosure [Line Items]
Total investments measured at fair value		0.6
U.S. Plan | Non-U.S. government securities | Fair Value, Inputs, Level 1
Defined Benefit Plan Disclosure [Line Items]
Total investments measured at fair value		0
U.S. Plan | Non-U.S. government securities | Fair Value, Inputs, Level 2
Defined Benefit Plan Disclosure [Line Items]
Total investments measured at fair value		0
U.S. Plan | Non-U.S. government securities | NAV
Defined Benefit Plan Disclosure [Line Items]
Total investments measured at fair value		0.6
U.S. Plan | Non-U.S. governmental fixed income funds
Defined Benefit Plan Disclosure [Line Items]
Total investments measured at fair value	0	0
U.S. Plan | Non-U.S. governmental fixed income funds | Fair Value, Inputs, Level 1
Defined Benefit Plan Disclosure [Line Items]
Total investments measured at fair value	0	0
U.S. Plan | Non-U.S. governmental fixed income funds | Fair Value, Inputs, Level 2
Defined Benefit Plan Disclosure [Line Items]
Total investments measured at fair value	0	0
U.S. Plan | Non-U.S. governmental fixed income funds | NAV
Defined Benefit Plan Disclosure [Line Items]
Total investments measured at fair value	0	0
U.S. Plan | Real estate
Defined Benefit Plan Disclosure [Line Items]
Total investments measured at fair value	0	0
U.S. Plan | Real estate | Fair Value, Inputs, Level 1
Defined Benefit Plan Disclosure [Line Items]
Total investments measured at fair value	0	0
U.S. Plan | Real estate | Fair Value, Inputs, Level 2
Defined Benefit Plan Disclosure [Line Items]
Total investments measured at fair value	0	0
U.S. Plan | Real estate | NAV
Defined Benefit Plan Disclosure [Line Items]
Total investments measured at fair value	0	0
U.S. Plan | Other securities
Defined Benefit Plan Disclosure [Line Items]
Total investments measured at fair value	0	6.9
U.S. Plan | Other securities | Fair Value, Inputs, Level 1
Defined Benefit Plan Disclosure [Line Items]
Total investments measured at fair value	0	0
U.S. Plan | Other securities | Fair Value, Inputs, Level 2
Defined Benefit Plan Disclosure [Line Items]
Total investments measured at fair value	0	0
U.S. Plan | Other securities | NAV
Defined Benefit Plan Disclosure [Line Items]
Total investments measured at fair value	0	6.9
Non-U.S. Plans
Defined Benefit Plan Disclosure [Line Items]
Total investments measured at fair value	107.5	121.2	$ 108.3
Non-U.S. Plans | Fair Value, Inputs, Level 1
Defined Benefit Plan Disclosure [Line Items]
Total investments measured at fair value	0.7	2.9
Non-U.S. Plans | Fair Value, Inputs, Level 2
Defined Benefit Plan Disclosure [Line Items]
Total investments measured at fair value	106.8	118.3
Non-U.S. Plans | NAV
Defined Benefit Plan Disclosure [Line Items]
Total investments measured at fair value	0	0
Non-U.S. Plans | Cash, including money market funds
Defined Benefit Plan Disclosure [Line Items]
Total investments measured at fair value	0.7	2.9
Non-U.S. Plans | Cash, including money market funds | Fair Value, Inputs, Level 1
Defined Benefit Plan Disclosure [Line Items]
Total investments measured at fair value	0.7	2.9
Non-U.S. Plans | Cash, including money market funds | Fair Value, Inputs, Level 2
Defined Benefit Plan Disclosure [Line Items]
Total investments measured at fair value	0	0
Non-U.S. Plans | Cash, including money market funds | NAV
Defined Benefit Plan Disclosure [Line Items]
Total investments measured at fair value	0	0
Non-U.S. Plans | U.S. equities
Defined Benefit Plan Disclosure [Line Items]
Total investments measured at fair value	11.1	6.4
Non-U.S. Plans | U.S. equities | Fair Value, Inputs, Level 1
Defined Benefit Plan Disclosure [Line Items]
Total investments measured at fair value	0	0
Non-U.S. Plans | U.S. equities | Fair Value, Inputs, Level 2
Defined Benefit Plan Disclosure [Line Items]
Total investments measured at fair value	11.1	6.4
Non-U.S. Plans | U.S. equities | NAV
Defined Benefit Plan Disclosure [Line Items]
Total investments measured at fair value	0	0
Non-U.S. Plans | Non-U.S. equities
Defined Benefit Plan Disclosure [Line Items]
Total investments measured at fair value	10.7	24.4
Non-U.S. Plans | Non-U.S. equities | Fair Value, Inputs, Level 1
Defined Benefit Plan Disclosure [Line Items]
Total investments measured at fair value	0	0
Non-U.S. Plans | Non-U.S. equities | Fair Value, Inputs, Level 2
Defined Benefit Plan Disclosure [Line Items]
Total investments measured at fair value	10.7	24.4
Non-U.S. Plans | Non-U.S. equities | NAV
Defined Benefit Plan Disclosure [Line Items]
Total investments measured at fair value	0	0
Non-U.S. Plans | U.S. corporate bonds
Defined Benefit Plan Disclosure [Line Items]
Total investments measured at fair value		0.6
Non-U.S. Plans | U.S. corporate bonds | Fair Value, Inputs, Level 1
Defined Benefit Plan Disclosure [Line Items]
Total investments measured at fair value		0
Non-U.S. Plans | U.S. corporate bonds | Fair Value, Inputs, Level 2
Defined Benefit Plan Disclosure [Line Items]
Total investments measured at fair value		0.6
Non-U.S. Plans | U.S. corporate bonds | NAV
Defined Benefit Plan Disclosure [Line Items]
Total investments measured at fair value		0
Non-U.S. Plans | Non-U.S. corporate bonds
Defined Benefit Plan Disclosure [Line Items]
Total investments measured at fair value	2.5	19.3
Non-U.S. Plans | Non-U.S. corporate bonds | Fair Value, Inputs, Level 1
Defined Benefit Plan Disclosure [Line Items]
Total investments measured at fair value	0	0
Non-U.S. Plans | Non-U.S. corporate bonds | Fair Value, Inputs, Level 2
Defined Benefit Plan Disclosure [Line Items]
Total investments measured at fair value	2.5	19.3
Non-U.S. Plans | Non-U.S. corporate bonds | NAV
Defined Benefit Plan Disclosure [Line Items]
Total investments measured at fair value	0	0
Non-U.S. Plans | U.S. government securities
Defined Benefit Plan Disclosure [Line Items]
Total investments measured at fair value		0
Non-U.S. Plans | U.S. government securities | Fair Value, Inputs, Level 1
Defined Benefit Plan Disclosure [Line Items]
Total investments measured at fair value		0
Non-U.S. Plans | U.S. government securities | Fair Value, Inputs, Level 2
Defined Benefit Plan Disclosure [Line Items]
Total investments measured at fair value		0
Non-U.S. Plans | U.S. government securities | NAV
Defined Benefit Plan Disclosure [Line Items]
Total investments measured at fair value		0
Non-U.S. Plans | Non-U.S. government securities
Defined Benefit Plan Disclosure [Line Items]
Total investments measured at fair value		32.7
Non-U.S. Plans | Non-U.S. government securities | Fair Value, Inputs, Level 1
Defined Benefit Plan Disclosure [Line Items]
Total investments measured at fair value		0
Non-U.S. Plans | Non-U.S. government securities | Fair Value, Inputs, Level 2
Defined Benefit Plan Disclosure [Line Items]
Total investments measured at fair value		32.7
Non-U.S. Plans | Non-U.S. government securities | NAV
Defined Benefit Plan Disclosure [Line Items]
Total investments measured at fair value		0
Non-U.S. Plans | Non-U.S. governmental fixed income funds
Defined Benefit Plan Disclosure [Line Items]
Total investments measured at fair value	59.7	26
Non-U.S. Plans | Non-U.S. governmental fixed income funds | Fair Value, Inputs, Level 1
Defined Benefit Plan Disclosure [Line Items]
Total investments measured at fair value	0	0
Non-U.S. Plans | Non-U.S. governmental fixed income funds | Fair Value, Inputs, Level 2
Defined Benefit Plan Disclosure [Line Items]
Total investments measured at fair value	59.7	26
Non-U.S. Plans | Non-U.S. governmental fixed income funds | NAV
Defined Benefit Plan Disclosure [Line Items]
Total investments measured at fair value	0	0
Non-U.S. Plans | Real estate
Defined Benefit Plan Disclosure [Line Items]
Total investments measured at fair value	3.7	3.5
Non-U.S. Plans | Real estate | Fair Value, Inputs, Level 1
Defined Benefit Plan Disclosure [Line Items]
Total investments measured at fair value	0	0
Non-U.S. Plans | Real estate | Fair Value, Inputs, Level 2
Defined Benefit Plan Disclosure [Line Items]
Total investments measured at fair value	3.7	3.5
Non-U.S. Plans | Real estate | NAV
Defined Benefit Plan Disclosure [Line Items]
Total investments measured at fair value	0	0
Non-U.S. Plans | Other securities
Defined Benefit Plan Disclosure [Line Items]
Total investments measured at fair value	19.1	5.4
Non-U.S. Plans | Other securities | Fair Value, Inputs, Level 1
Defined Benefit Plan Disclosure [Line Items]
Total investments measured at fair value	0	0
Non-U.S. Plans | Other securities | Fair Value, Inputs, Level 2
Defined Benefit Plan Disclosure [Line Items]
Total investments measured at fair value	19.1	5.4
Non-U.S. Plans | Other securities | NAV
Defined Benefit Plan Disclosure [Line Items]
Total investments measured at fair value	$ 0	$ 0

RETIREMENT PLANS AND OTHER BE_6

RETIREMENT PLANS AND OTHER BENEFITS - Sensitivity and Future Payments (Details) $ in Millions	12 Months Ended
	Dec. 31, 2018USD ($)
Defined Benefit Plan, Effect of One-Percentage Point Change in Assumed Health Care Cost Trend Rates
Effect of one percentage point increase on service and interest cost components	$ 0
Effect of one percentage point decrease on service and interest cost components	0
Effect of one percentage point increase on postretirement benefit obligation	0.1
Effect of one percentage point decrease on postretirement benefit obligation	$ (0.1)
Continuing Operations
Schedule of estimated future benefit payments
Health Care Cost Trend Rate Assumed for Next Fiscal Year	6.50%
Ultimate Health Care Cost Trend Rate	4.50%
Pension Plan | Non-U.S. Plans
Defined Benefit Plan Disclosure [Line Items]
Estimated future employer contributions in next fiscal year	$ 8
Pension contributions	7.9
Schedule of estimated future benefit payments
2,019	12
2,020	7.6
2,021	8.3
2,022	8.4
2,023	8.7
2024-2028	47.1
Pension Plan | U.S. Plan
Defined Benefit Plan Disclosure [Line Items]
Estimated future employer contributions in next fiscal year	1
Pension and post-retirement company contributions	6.4
Schedule of estimated future benefit payments
2,019	1.3
2,020	1.5
2,021	1.5
2,022	1.5
2,023	1.5
2024-2028	12.5
Other Benefits
Schedule of estimated future benefit payments
2,019	0.4
2,020	0.4
2,021	0.3
2,022	0.3
2,023	0.3
2024-2028	$ 0.9

STOCKHOLDERS' EQUITY - Capital

STOCKHOLDERS' EQUITY - Capital Stock Information (Details) - USD ($)	3 Months Ended													12 Months Ended			23 Months Ended
	Mar. 31, 2019	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	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, 2018	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2016	Jul. 12, 2018	Feb. 16, 2018	Sep. 06, 2017	May 30, 2017	Feb. 16, 2017	Dec. 31, 2015	Feb. 17, 2015
Common stock, shares issued (in shares)		81,300,000				130,400,000								81,300,000	130,400,000
Common Stock, unissued shares (in shares)		218,700,000												218,700,000
Number of common stock retired														50,000,000
Common stock retired, value														$ 0
Shares of common stock in treasury (in shares)		11,700,000				50,200,000								11,700,000	50,200,000
Value of treasury stock on an average cost basis (in dollars)		$ 401,800,000				$ 1,857,700,000								$ 401,800,000	$ 1,857,700,000
Preferred stock, shares authorized (in shares)		50,000,000												50,000,000
Preferred stock, par value per share (in dollars per share)		$ 0.01												$ 0.01
Preferred stock, shares outstanding (in shares)		0				0								0	0
Stock Repurchase Program, Authorized Amount																		$ 300,000,000	$ 325,000,000	$ 225,000,000	$ 280,000,000	$ 350,000,000		$ 200,000,000
Stock Repurchased During Period, Value																	$ 131,000,000
Acquisition of Treasury Stock														$ 427,800,000	$ 926,600,000	$ 84,300,000
Common Stock, Dividends, Per Share, Cash Paid		$ 0.1	$ 0.1	$ 0.1	$ 0.10	$ 0.08	$ 0.08	$ 0.08	$ 0.08	$ 0.07	$ 0.07	$ 0.07	$ 0.07
Common Stock
Common stock, shares outstanding (in shares)		69,600,000				80,200,000				105,000,000				69,600,000	80,200,000	105,000,000	105,000,000						107,700,000
Common stock retired, value														$ 500,000
Shares of common stock in treasury (in shares)		11,700,000												11,700,000
Acquisition of Treasury Stock (in shares)														11,500,000	25,800,000	3,600,000
Acquisition of Treasury Stock														$ 0	$ 0	$ 0
Additional Paid-in Capital
Common stock retired, value														549,200,000
Acquisition of Treasury Stock														0	0	0
Retained Earnings
Common stock retired, value														1,332,300,000
Acquisition of Treasury Stock														0	0	0
Common Stock in Treasury
Common stock retired, value														(1,882,000,000)
Acquisition of Treasury Stock														$ 427,800,000	$ 926,600,000	$ 84,300,000
Stock Options and Restricted Stock
Common Stock reserved for contingently issuable shares (in shares)		3,000,000												3,000,000
All Company Stock Plans
Number of common shares held in rabbi trust (in shares)		800,000												800,000
Value of common shares held in rabbi trust (in dollars)		$ 19,600,000												$ 19,600,000
Share repurchase program approved by Board of Directors [Member]
Acquisition of Treasury Stock (in shares)														11,400,000	25,700,000	3,500,000
Acquisition of Treasury Stock														$ 425,000,000	$ 923,700,000	$ 81,300,000
Subsequent Event
Common stock dividends declared (in dollars per share)	$ 0.11

STOCKHOLDERS' EQUITY - Share Ba

STOCKHOLDERS' EQUITY - Share Based Comp (Details) - USD ($) $ / shares in Units, $ in Millions	Mar. 08, 2018	Mar. 02, 2017	Mar. 03, 2016	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Share-based compensation arrangements
Acquisition of Treasury Stock				$ 427.8	$ 926.6	$ 84.3
Weighted Average Grant Date Fair Value
Tax benefit related to stock-based compensation arrangements (in dollars)				$ 4.6	11.8	12.6
Restricted Stock, Time-Based [Member]
Weighted Average Grant Date Fair Value
Share-Based Compensation Arrangement By Share-based Payment Award, Equity Instruments Other than Options, Percentage Of Awards				50.00%
Performance Shares [Member]
Weighted Average Grant Date Fair Value
Share-Based Compensation Arrangement By Share-based Payment Award, Equity Instruments Other than Options, Percentage Of Awards				21.00%
Restricted Stock Awards
Assumptions used in valuation
Unrecognized compensation costs (in dollars)				$ 52
Weighted average period of unrecognized compensation costs will be recognized (in years)				1 year 8 months 24 days
Total fair value of shares vested (in dollars)				$ 34.9	$ 36	$ 35.1
Restricted Stock Awards
Nonvested at the beginning of the period (in shares)				3,111,057
Granted (in shares)				1,053,387
Vested (in shares)				(1,271,136)
Canceled or expired (in shares)				82,919
Nonvested at the end of the period (in shares)				2,976,227	3,111,057
Weighted Average Grant Date Fair Value
Nonvested at the beginning of the period (in dollars per shares)				$ 28.68
Granted (in dollars per shares)				40.06	$ 32.54	$ 23.95
Vested (in dollars per shares)				27.47
Cancelled or expired (in dollars per shares)				28.59
Nonvested at the end of the period (in dollars per shares)				$ 34.32	$ 28.68
Market Condition Award
Share-based compensation arrangements
Number of shares of restricted stock with fair value based on market condition, instead of market price (in shares)				900,000
Weighted Average Grant Date Fair Value
Share-Based Compensation Arrangement By Share-based Payment Award, Equity Instruments Other than Options, Percentage Of Awards				29.00%
Terex Corporation 2009 Omnibus Incentive Plan (the 2009 Plan) | Maximum
Share-based compensation arrangements
Shares authorized for issuance (in shares)				8,000,000
Terex Corporation 2018 Omnibus Incentive Plan Member [Domain]
Share-based compensation arrangements
Shares available for grant (in shares)				2,700,000
Terex Corporation 2018 Omnibus Incentive Plan Member [Domain] | Maximum
Share-based compensation arrangements
Shares authorized for issuance (in shares)				1,200,000
March 8, 2018 | Market Condition Award
Assumptions used in valuation
Dividend yields (as a percent)		1.01%
Expected volatility (as a percent)		42.78%
Risk-free interest rate (as a percent)		1.55%
Expected life (in years)		3 years
Weighted Average Grant Date Fair Value
Granted (in dollars per shares)		$ 36.48
March 2, 2017 | Market Condition Award
Assumptions used in valuation
Dividend yields (as a percent)			1.22%
Expected volatility (as a percent)			45.59%
Risk-free interest rate (as a percent)			0.97%
Expected life (in years)			3 years
Weighted Average Grant Date Fair Value
Granted (in dollars per shares)			$ 29.24
Grant Date, March 8, 2018 [Member] [Domain] | Market Condition Award
Assumptions used in valuation
Dividend yields (as a percent)	1.00%
Expected volatility (as a percent)	40.41%
Risk-free interest rate (as a percent)	2.38%
Expected life (in years)	3 years
Weighted Average Grant Date Fair Value
Granted (in dollars per shares)	$ 41.57
Share repurchase program approved by Board of Directors [Member]
Share-based compensation arrangements
Acquisition of Treasury Stock				$ 425	$ 923.7	$ 81.3
Acquisition of Treasury Stock (in shares)				11,400,000	25,700,000	3,500,000

STOCKHOLDERS' EQUITY - AOCI (De

STOCKHOLDERS' EQUITY - AOCI (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Other Comprehensive Income (Loss), Net of Tax	$ (42.7)	$ 539.9	$ (130.2)
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]
Total stockholders' equity, Beginning of Period	1,222.5	1,521.2	1,912
Other	0
Total stockholders' equity, End of Period	861	1,222.5	1,521.2
Accumulated Foreign Currency Adjustment Attributable to Parent [Member]
Other Comprehensive Income (Loss), Net of Tax	(80.9)	470.6	(122.6)
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]
Total stockholders' equity, Beginning of Period	(144.7)	(615.3)	(492.7)
Total stockholders' equity, End of Period	(225.6)	(144.7)	(615.3)
Tax benefit included in accumulated other comprehensive income	11.5
Derivative Hedging Adjustment
Other Comprehensive Income (Loss), Net of Tax	(6.5)	4.5	(4.7)
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]
Total stockholders' equity, Beginning of Period	2.1	(2.4)	2.3
Total stockholders' equity, End of Period	(4.4)	2.1	(2.4)
Tax benefit included in accumulated other comprehensive income	1.2
Debt and Equity Securities Adjustment
Other Comprehensive Income (Loss), Net of Tax	(3.5)	3.7	6.9
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]
Total stockholders' equity, Beginning of Period	4.3	0.6	(6.3)
Total stockholders' equity, End of Period	0.8	4.3	0.6
Tax benefit included in accumulated other comprehensive income	(0.1)
Accumulated Defined Benefit Plans Adjustment Attributable to Parent [Member]
Other Comprehensive Income (Loss), Net of Tax	45.6	61.1	(9.4)
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]
Total stockholders' equity, Beginning of Period	(101.2)	(162.3)	(152.9)
Total stockholders' equity, End of Period	(55.6)	(101.2)	(162.3)
Tax benefit included in accumulated other comprehensive income	7.9
Accumulated Other Comprehensive Income (Loss)
Other Comprehensive Income (Loss), Net of Tax	(45.3)	539.9	(129.8)
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]
Total stockholders' equity, Beginning of Period	(239.5)	(779.4)	(649.6)
Other	(2.6)
Total stockholders' equity, End of Period	(284.8)	(239.5)	(779.4)
Cumulative Translation Adjustment
Other Comprehensive Income (Loss), Net of Tax	0	0	(0.4)
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]
Total stockholders' equity, Beginning of Period	0.3	0.3	0.7
Total stockholders' equity, End of Period	0.3	0.3	0.3
Accumulated Net Gain (Loss) from Cash Flow Hedges Attributable to Noncontrolling Interest [Member]
Other Comprehensive Income (Loss), Net of Tax	0	0	0
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]
Total stockholders' equity, Beginning of Period	0	0	0
Total stockholders' equity, End of Period	0	0	0
Debt and Equity Securities Adjustment
Other Comprehensive Income (Loss), Net of Tax	0	0	0
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]
Total stockholders' equity, Beginning of Period	0	0	0
Total stockholders' equity, End of Period	0	0	0
Accumulated Defined Benefit Plans Adjustment Attributable to Noncontrolling Interest [Member]
Other Comprehensive Income (Loss), Net of Tax	0	0	0
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]
Total stockholders' equity, Beginning of Period	0	0	0
Total stockholders' equity, End of Period	0	0	0
AOCI Attributable to Noncontrolling Interest [Member]
Other Comprehensive Income (Loss), Net of Tax	0	0	(0.4)
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]
Total stockholders' equity, Beginning of Period	0.3	0.3	0.7
Total stockholders' equity, End of Period	0.3	0.3	0.3
Accumulated Foreign Currency Adjustment Including Portion Attributable to Noncontrolling Interest [Member]
Other Comprehensive Income (Loss), Net of Tax	(80.9)	470.6	(123)
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]
Total stockholders' equity, Beginning of Period	(144.4)	(615)	(492)
Other comprehensive income before reclassifications	(80.2)	114.1
Amounts reclassified from AOCI	(0.7)	356.5
Net other comprehensive income (loss)	(80.9)	470.6
Other	0	0
Total stockholders' equity, End of Period	(225.3)	(144.4)	(615)
Derivative Hedging Adjustment
Other Comprehensive Income (Loss), Net of Tax	(6.5)	4.5	(4.7)
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]
Total stockholders' equity, Beginning of Period	2.1	(2.4)	2.3
Other comprehensive income before reclassifications	(7.4)	4.3
Amounts reclassified from AOCI	0.9	0.2
Net other comprehensive income (loss)	(6.5)	4.5
Other	0	0
Total stockholders' equity, End of Period	(4.4)	2.1	(2.4)
Accumulated Net Investment Gain (Loss) Including Portion Attributable to Noncontrolling Interest [Member]
Other Comprehensive Income (Loss), Net of Tax	(3.5)	3.7	6.9
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]
Total stockholders' equity, Beginning of Period	4.3	0.6	(6.3)
Other comprehensive income before reclassifications	(0.9)	3.6
Amounts reclassified from AOCI	0	0.1
Net other comprehensive income (loss)	(0.9)	3.7
Other	(2.6)	0
Total stockholders' equity, End of Period	0.8	4.3	0.6
Pension Liability Adjustment
Other Comprehensive Income (Loss), Net of Tax	45.6	61.1	(9.4)
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]
Total stockholders' equity, Beginning of Period	(101.2)	(162.3)	(152.9)
Other comprehensive income before reclassifications	(2.8)	(0.1)
Amounts reclassified from AOCI	48.4	61.2
Net other comprehensive income (loss)	45.6	61.1
Other	0	0
Total stockholders' equity, End of Period	(55.6)	(101.2)	(162.3)
AOCI Including Portion Attributable to Noncontrolling Interest [Member]
Other Comprehensive Income (Loss), Net of Tax	(45.3)	539.9	(130.2)
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]
Total stockholders' equity, Beginning of Period	(239.2)	(779.1)	(648.9)
Other comprehensive income before reclassifications	(91.3)	121.9
Amounts reclassified from AOCI	48.6	418
Net other comprehensive income (loss)	(42.7)	539.9
Other	(2.6)	0
Total stockholders' equity, End of Period	(284.5)	(239.2)	$ (779.1)
Discontinued Operations, Disposed of by Sale | Material Handling & Port Solutions | Accumulated Foreign Currency Adjustment Attributable to Parent [Member]
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]
Amounts reclassified from AOCI		352.1
Reclassification from AOCI, tax benefit		1.5
Discontinued Operations, Disposed of by Sale | Material Handling & Port Solutions | Accumulated Defined Benefit Plans Adjustment Attributable to Parent [Member]
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]
Amounts reclassified from AOCI		55.4
Reclassification from AOCI, tax benefit		$ 23.9
U.S. Plan | Pension Plan | Pension Liability Adjustment
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]
Amounts reclassified from AOCI	42.6
Reclassification from AOCI, tax benefit	$ 24.4

LITIGATION AND CONTINGENCIES (D

LITIGATION AND CONTINGENCIES (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Loss Contingencies and Guarantee Obligations
Guarantee Terms Maximum	5 years
Fair value of all guarantees recorded in other current liabilities and retirement plans	$ 3.8	$ 4.3
Credit Guarantee
Loss Contingencies and Guarantee Obligations
Guarantees, maximum exposure	59.2	49.2
Residual Value Guarantee Member [Domain]
Loss Contingencies and Guarantee Obligations
Guarantees, maximum exposure	$ 2.7	$ 4.2

SCHEDULE II - VALUATION AND Q_2

SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS AND RESERVES (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
SEC Schedule, 12-09, Movement in Valuation Allowances and Reserves [Roll Forward]
Valuation Allowances and Reserves, Balance Beginning of Year	$ 261.7	$ 273.6	$ 339.7
Charges to Earnings	(3)	23.3	(9.7)
Other	(9.2)	0.6	(32.3)
Deductions	(17.3)	(35.8)	(24.1)
Valuation Allowances and Reserves, Balance End of Year	232.2	261.7	273.6
Allowance for doubtful accounts - Current
SEC Schedule, 12-09, Movement in Valuation Allowances and Reserves [Roll Forward]
Valuation Allowances and Reserves, Balance Beginning of Year	16.2	16.5	20.4
Charges to Earnings	5	0.4	5.6
Other	0	1	(5.4)
Deductions	(6)	(1.7)	(4.1)
Valuation Allowances and Reserves, Balance End of Year	15.2	16.2	16.5
Allowance for doubtful accounts - Non-current
SEC Schedule, 12-09, Movement in Valuation Allowances and Reserves [Roll Forward]
Valuation Allowances and Reserves, Balance Beginning of Year	23.3	25.2	27.4
Charges to Earnings	0.3	1.1	(1.5)
Other	(0.8)	1.5	(0.4)
Deductions	0	(4.5)	(0.3)
Valuation Allowances and Reserves, Balance End of Year	22.8	23.3	25.2
Reserve for inventory
SEC Schedule, 12-09, Movement in Valuation Allowances and Reserves [Roll Forward]
Valuation Allowances and Reserves, Balance Beginning of Year	85.8	83.3	76.8
Charges to Earnings	8.1	21.6	37
Other	(3.8)	10.5	(10.8)
Deductions	(11.3)	(29.6)	(19.7)
Valuation Allowances and Reserves, Balance End of Year	78.8	85.8	83.3
Valuation allowances for deferred tax assets
SEC Schedule, 12-09, Movement in Valuation Allowances and Reserves [Roll Forward]
Valuation Allowances and Reserves, Balance Beginning of Year	136.4	148.6	215.1
Charges to Earnings	(16.4)	0.2	(50.8)
Other	(4.6)	(12.4)	(15.7)
Deductions	0	0	0
Valuation Allowances and Reserves, Balance End of Year	$ 115.4	$ 136.4	$ 148.6