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BUSINESS SEGMENT INFORMATION | 12 Months Ended
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Dec. 31, 2016
Segment Reporting [Abstract] |
BUSINESS SEGMENT INFORMATION | BUSINESS SEGMENT INFORMATION Terex is a global manufacturer of lifting and material processing products and services that deliver lifecycle solutions to maximize customer return on investment. The Company delivers lifecycle solutions to a broad range of industries, including the construction, infrastructure, manufacturing, shipping, transportation, refining, energy, utility, quarrying and mining industries. Historically, the Company operated in five reportable segments: (i) AWP; (ii) Cranes; (iii) MHPS; (iv) MP; and (v) Construction. Subsequent to the reorganization discussed in Note B - “Basis of Presentation”, the Company now 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. 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 our customers individually accounted for more than 10% of consolidated net sales in 2016. The results of businesses acquired are included from the dates of their respective acquisitions. 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,
| 2016 |  | 2015 |  | 2014
Net Sales |  |  |  |  |
AWP | $ | 1,977.8 |  |  | $ | 2,246.0 |  |  | $ | 2,403.0 |
Cranes | 1,274.5 |  |  | 1,566.5 |  |  | 1,656.9 |
MP | 944.5 |  |  | 940.1 |  |  | 938.9 |
Corporate and Other / Eliminations | 246.3 |  |  | 269.1 |  |  | 485.2 |
Total | $ | 4,443.1 |  |  | $ | 5,021.7 |  |  | $ | 5,484.0 |
Income (loss) from Operations |  |  |  |  |
AWP | $ | 177.4 |  |  | $ | 270.2 |  |  | $ | 304.9 |
Cranes | (321.7 | ) |  | 56.3 |  |  | 83.8 |
MP | 86.3 |  |  | 68.6 |  |  | 65.6 |
Corporate and Other / Eliminations | (89.8 | ) |  | (71.4 | ) |  | (54.3 | )
Total | $ | (147.8 | ) |  | $ | 323.7 |  |  | $ | 400.0 |
Depreciation and Amortization |  |  |  |  |
AWP | $ | 19.9 |  |  | $ | 15.3 |  |  | $ | 12.1 |
Cranes | 21.5 |  |  | 21.0 |  |  | 28.3 |
MP | 6.9 |  |  | 6.9 |  |  | 7.7 |
Corporate | 26.0 |  |  | 33.4 |  |  | 51.0 |
Total | $ | 74.3 |  |  | $ | 76.6 |  |  | $ | 99.1 |
Capital Expenditures |  |  |  |  |
AWP | $ | 17.1 |  |  | $ | 38.0 |  |  | $ | 28.6 |
Cranes | 13.2 |  |  | 13.8 |  |  | 14.0 |
MP | 7.5 |  |  | 20.7 |  |  | 5.8 |
Corporate | 20.3 |  |  | 9.0 |  |  | 9.9 |
Total | $ | 58.1 |  |  | $ | 81.5 |  |  | $ | 58.3 |
Sales between segments are generally priced to recover costs plus a reasonable markup for profit, which is eliminated in consolidation.
| December 31,
| 2016 |  | 2015
Identifiable Assets |  |  |
AWP | $ | 1,659.8 |  |  | $ | 1,701.2 |
Cranes | 1,618.0 |  |  | 1,822.3 |
MP | 1,104.9 |  |  | 1,073.4 |
Corporate and Other / Eliminations | (1,280.1 | ) |  | (891.0 | )
Assets held for sale | 1,904.2 |  |  | 1,910.1 |
Total | $ | 5,006.8 |  |  | $ | 5,616.0 |
Geographic Net Sales information is presented below (in millions):
| Year Ended December 31,
| 2016 |  | 2015 |  | 2014
Net Sales |  |  |  |  |  |  |  |
United States | $ | 2,131.4 |  |  | $ | 2,420.1 |  |  | $ | 2,552.7 |
United Kingdom | 333.2 |  |  | 402.3 |  |  | 346.2 |
Germany | 237.1 |  |  | 243.7 |  |  | 310.6 |
Other European countries | 726.7 |  |  | 714.3 |  |  | 848.3 |
All other | 1,014.7 |  |  | 1,241.3 |  |  | 1,426.2 |
Total | $ | 4,443.1 |  |  | $ | 5,021.7 |  |  | $ | 5,484.0 |
| December 31,
| 2016 |  | 2015
Long-lived Assets |  |  |  |  |
United States | $ | 181.1 |  |  | $ | 203.8 |
United Kingdom | 34.9 |  |  | 41.2 |
Germany | 32.4 |  |  | 64.0 |
Other European countries | 14.8 |  |  | 17.5 |
All other | 41.4 |  |  | 45.4 |
Total | $ | 304.6 |  |  | $ | 371.9 |
The Company attributes sales to unaffiliated customers in different geographical areas based on the location of the customer. Long-lived assets consist of net fixed assets, which can be attributed to the specific geographic regions.

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8981-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9038-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 33 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8971-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8595-108599 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8380-108599 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 35 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8984-108599 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9031-108599 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9054-108599 Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8538-108599 Reference 12: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 29 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8864-108599 Reference 13: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8924-108599 Reference 14: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8906-108599 + Details
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