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BUSINESS SEGMENT INFORMATION
 12 Months Ended
Dec. 31, 2017
Segment Reporting [Abstract]  
BUSINESS SEGMENT INFORMATION
BUSINESS SEGMENT INFORMATION

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. 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 2017, 2016 or 2015.

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,
 
2017
 
2016
 
2015
Net Sales
 
 
 
 
 
AWP
$
2,071.5

 
$
1,977.8

 
$
2,246.0

Cranes
1,194.0

 
1,274.5

 
1,566.5

MP
1,072.5

 
944.5

 
940.1

Corporate and Other / Eliminations
25.4

 
246.3

 
269.1

Total
$
4,363.4

 
$
4,443.1

 
$
5,021.7

Income (loss) from Operations
 
 
 
 
 
AWP
$
170.3

 
$
177.4

 
$
270.2

Cranes
(17.8
)
 
(321.7
)
 
56.3

MP
124.8

 
86.3

 
68.6

Corporate and Other / Eliminations
(103.7
)
 
(89.8
)
 
(71.4
)
Total
$
173.6

 
$
(147.8
)
 
$
323.7

Depreciation and Amortization
 
 
 
 
 
AWP
$
19.4

 
$
19.9

 
$
15.3

Cranes
19.2

 
21.5

 
21.0

MP
7.3

 
6.9

 
6.9

Corporate
20.2

 
26.0

 
33.4

Total
$
66.1

 
$
74.3

 
$
76.6

Capital Expenditures
 
 
 
 
 
AWP
$
14.1

 
$
17.1

 
$
38.0

Cranes
15.2

 
13.2

 
13.8

MP
6.3

 
7.5

 
20.7

Corporate
7.9

 
20.3

 
9.0

Total
$
43.5

 
$
58.1

 
$
81.5


Sales between segments are generally priced to recover costs plus a reasonable markup for profit, which is eliminated in consolidation.
 
December 31,
 
2017
 
2016
Identifiable Assets
 
 
 
AWP
$
1,358.5

 
$
1,659.8

Cranes
1,682.1

 
1,618.0

MP
1,219.5

 
1,104.9

Corporate and Other / Eliminations
(801.2
)
 
(1,280.1
)
Assets held for sale
3.6

 
1,904.2

Total
$
3,462.5

 
$
5,006.8


    

Geographic Net Sales information is presented below (in millions):
 
Year Ended December 31,
 
2017
 
2016
 
2015
Net Sales
 

 
 

 
 

United States
$
2,217.2

 
$
2,131.4

 
$
2,420.1

United Kingdom
267.3

 
333.2

 
402.3

Germany
182.9

 
237.1

 
243.7

Other European countries
655.3

 
726.7

 
714.3

All other
1,040.7

 
1,014.7

 
1,241.3

Total
$
4,363.4

 
$
4,443.1

 
$
5,021.7



 
December 31,
 
2017
 
2016
Long-lived Assets
 

 
 

United States
$
178.7

 
$
181.1

United Kingdom
37.0

 
34.9

Germany
42.2

 
32.4

Other European countries
16.6

 
14.8

All other
36.5

 
41.4

Total
$
311.0

 
$
304.6



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.