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GOODWILL AND INTANGIBLE ASSETS, NET (Tables) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
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 (1)
 
Cranes (1)
 
MP
 
Total
Balance at December 31, 2015, gross
$
137.7

 
$
183.1

 
$
204.3

 
$
525.1

Accumulated impairment
(38.6
)
 
(4.2
)
 
(23.2
)
 
(66.0
)
Balance at December 31, 2015, net
99.1

 
178.9

 
181.1

 
459.1

Acquisitions
1.6

 

 

 
1.6

Foreign exchange effect and other
(1.6
)
 
(3.8
)
 
(20.5
)
 
(25.9
)
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



(1) Includes a $17.9 million reclassification of goodwill from Cranes to discontinued operations, and a $0.9 million reclassification of goodwill from Cranes to AWP as a result of segment realignments. See Note C - “Business Segment Information”.
   
Schedule of intangible assets by class
Intangible assets, net were comprised of the following as of December 31, 2017 and 2016 (in millions):
 
 
 
December 31, 2017
 
December 31, 2016
 
Weighted Average Life
(in years)
 
Gross Carrying Amount
 
Accumulated Amortization
 
Net Carrying Amount
 
Gross Carrying Amount
 
Accumulated Amortization
 
Net Carrying Amount
Definite-lived intangible assets:
 
 
 
 
 
 
 
 
 
 
 
 
 
Technology
7
 
$
18.8

 
$
(17.8
)
 
$
1.0

 
$
17.0

 
$
(15.7
)
 
$
1.3

Customer Relationships
20
 
33.2

 
(28.3
)
 
4.9

 
33.1

 
(25.2
)
 
7.9

Land Use Rights
82
 
4.8

 
(0.6
)
 
4.2

 
7.9

 
(0.9
)
 
7.0

Other
8
 
26.5

 
(22.8
)
 
3.7

 
25.8

 
(23.6
)
 
2.2

Total definite-lived intangible assets
 
 
$
83.3

 
$
(69.5
)
 
$
13.8

 
$
83.8

 
$
(65.4
)
 
$
18.4

   
Amortization of Intangible Assets $ 2.0 $ 2.9 $ 3.0
Finite-lived Intangible Assets Amortization Expense
 
For the Year Ended December 31,
(in millions)
2017
 
2016
 
2015
Aggregate Amortization Expense
$
2.0

 
$
2.9

 
$
3.0

   
Schedule of intangible assets amortization expense
Estimated aggregate intangible asset amortization expense (in millions) for the next five years is as follows:
2018
 
$
1.9

2019
 
$
1.7

2020
 
$
1.7

2021
 
$
1.6

2022
 
$
1.4