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DISCONTINUED OPERATIONS AND ASSETS AND LIABILITIES HELD FOR SALE (Tables)
 12 Months Ended
Dec. 31, 2017
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
 
2015
Net sales
$
1,398.2

 
$
1,521.4

Cost of sales
(1,090.3
)
 
(1,184.1
)
Selling, general and administrative expenses
(266.8
)
 
(271.1
)
Goodwill and intangible asset impairments
(3.1
)
 
(34.7
)
Net interest (expense)
(2.3
)
 
(1.4
)
Other income (expense)
(11.5
)
 
0.8

Income (loss) from discontinued operations before income taxes
24.2

 
30.9

(Provision for) benefit from income taxes
(9.9
)
 
(13.5
)
Income (loss) from discontinued operations – net of tax
14.3

 
17.4

Net loss (income) attributable to noncontrolling interest
(0.9
)
 
(3.3
)
Income (loss) from discontinued operations - net of tax attributable to Terex Corporation
$
13.4

 
$
14.1

The following table provides the amounts of assets and liabilities held for sale in the Consolidated Balance Sheet (in millions):
 
December 31, 2017
 
December 31, 2016
 
Cranes
 
MHPS
Cranes
Construction
Total
Assets
 
 
 
 
 
 
Cash and cash equivalents
$
3.6

 
$
71.0

$
1.2

$
1.2

$
73.4

Trade receivables – net
2.2

 
243.5

3.1

24.4

271.0

Inventories
1.7

 
309.4

1.7

23.9

335.0

Prepaid and other current assets
0.5

 
49.9

0.5

3.1

53.5

Impairment reserve
(4.4
)
 
—

—

—

—

Current assets held for sale
$
3.6

 
$
673.8

$
6.5

$
52.6

$
732.9

 
 
 
 
 
 
 
Property, plant and equipment – net
$
0.4

 
$
294.2

$
0.8

$
3.2

$
298.2

Goodwill
—

 
573.7

—

—

573.7

Intangible assets – net
2.9

 
212.6

2.9

—

215.5

Impairment reserve
(3.3
)
 
—

(1.7
)
(3.5
)
(5.2
)
Other assets
—

 
86.4

1.1

1.6

89.1

Non-current assets held for sale
$
—

 
$
1,166.9

$
3.1

$
1.3

$
1,171.3

 
 
 
 
 
 
 
Liabilities
 
 
 

 
 
 
Notes payable and current portion of long-term debt
$
—

 
$
13.1

$
—

$
1.3

$
14.4

Trade accounts payable
0.5

 
132.6

0.7

23.8

157.1

Accruals and other current liabilities
1.5

 
267.0

6.2

9.1

282.3

Current liabilities held for sale
$
2.0

 
$
412.7

$
6.9

$
34.2

$
453.8

 
 
 
 
 
 
 
Long-term debt, less current portion
$
—

 
$
2.4

$
—

$
—

$
2.4

Retirement plans
0.7

 
235.3

0.7

0.9

236.9

Other non-current liabilities
0.3

 
71.7

0.4

0.7

72.8

Non-current liabilities held for sale
$
1.0

 
$
309.4

$
1.1

$
1.6

$
312.1

 
 
 
 
 
 
 

The following table provides amounts of cash and cash equivalents presented in the Consolidated Statement of Cash Flows (in millions):

 
December 31, 2017
 
December 31, 2016
 
December 31, 2015
Cash and cash equivalents:
 
 
 
 
 
Cash and cash equivalents - continuing operations
$
626.5

 
$
428.5

 
$
371.2

Cash and cash equivalents - held for sale
3.6

 
73.4

 
95.3

Total cash and cash equivalents:
$
630.1

 
$
501.9

 
$
466.5

 
 
 
 
 
 
The following table provides supplemental cash flow information related to discontinued operations (in millions):
 
Year Ended December 31,
 
2016
 
2015
Non-cash operating items:
 
 
 
Depreciation and amortization
$
22.4

 
$
55.8

Deferred taxes
$
15.8

 
$
(2.2
)
Goodwill Impairment
$
—

 
$
11.3

Asset Impairments
$
3.0

 
$
23.9

Investing activities:
 
 
 
Capital expenditures
$
(14.9
)
 
$
(22.3
)

Other
 
Year Ended December 31,
 
2017
 
2016
 
2015
 
MHPS
Atlas
Total
 
Atlas
 
Atlas
Gain (loss) on disposition of discontinued operations
$
89.9

$
3.5

$
93.4

 
$
4.5

 
$
4.5

(Provision for) benefit from income taxes
(24.2
)
(0.5
)
(24.7
)
 
(1.0
)
 
(1.1
)
Gain (loss) on disposition of discontinued operations – net of tax
$
65.7

$
3.0

$
68.7

 
$
3.5

 
$
3.4