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STOCKHOLDERS' EQUITY (Tables)
12 Months Ended
Dec. 31, 2017
Stockholders' Equity Note [Abstract]  
Schedule of Share-based Compensation, Stock Options, Activity
The following table is a summary of stock options under all of the Company’s plans.
 
 
Number of
Options
 
Weighted
Average
Exercise Price
per Share
 
Weighted
Average
Remaining
Contractual
Life (in years)
 
Aggregate
Intrinsic
Value
Outstanding at December 31, 2016
 
13,059

 
$
65.17

 
 
 
 

Exercised
 

 
$

 
 
 
 

Canceled or expired
 
(10,472
)
 
$
65.07

 
 
 
 

Outstanding at December 31, 2017
 
2,587

 
$
65.57

 
0.00
 
$

Exercisable at December 31, 2017
 
2,587

 
$
65.57

 
0.00
 
$

Vested at December 31, 2017
 
2,587

 
$
65.57

 
0.00
 
$

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
 
Grant date
 
March 2, 2017
 
March 3, 2016
 
March 5, 2015
 
March 5, 2015
Dividend yields
1.01%
 
1.22%
 
0.91%
 
0.91%
Expected volatility
42.78%
 
45.59%
 
45.48%
 
37.00%
Risk free interest rate
1.55%
 
0.97%
 
0.98%
 
0.58%
Expected life (in years)
3
 
3
 
3
 
2
Grant date fair value per share
$36.48
 
$29.24
 
$28.10
 
$25.60
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, 2016
 
3,531,188

 
$
25.42

Granted
 
1,542,697

 
$
32.54

Vested
 
(1,252,563
)
 
$
28.76

Canceled, expired or other
 
(710,265
)
 
$
21.86

Nonvested at December 31, 2017
 
3,111,057

 
$
28.68

Schedule of Accumulated Other Comprehensive Income (Loss) Attributable to Parent
Accumulated Other Comprehensive Income (Loss) Attributable to Terex Corporation
 
 
Cumulative
Translation
Adjustment
 
Derivative
Hedging
Adjustment
 
Debt & Equity
Securities
Adjustment
 
Pension
Liability
Adjustment
 
Accumulated
Other
Comprehensive
Income (Loss)
Balance at January 1, 2015
 
$
(245.5
)
 
$
(0.7
)
 
$
1.6

 
$
(185.2
)
 
$
(429.8
)
Current year change
 
(247.2
)
 
3.0

 
(7.9
)
 
32.3

 
(219.8
)
Balance at December 31, 2015
 
(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
)
Schedule of Accumulated Other Comprehensive Income (Loss) Attributable to Noncontrolling Interest
 
 
Cumulative
Translation
Adjustment
 
Derivative
Hedging
Adjustment
 
Debt & Equity
Securities
Adjustment
 
Pension
Liability
Adjustment
 
Accumulated
Other
Comprehensive
Income (Loss)
Balance at January 1, 2015
 
$
0.8

 
$

 
$

 
$

 
$
0.8

Current year change
 
(0.1
)
 

 

 

 
(0.1
)
Balance at December 31, 2015
 
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

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, 2017 and 2016. All amounts are net of tax (in millions).
 
Year ended December 31, 2017
 
Year ended December 31, 2016
 
CTA (1)
Derivative
Hedging
Adj.
Debt &
Equity
Securities
Adj.
Pension
Liability
Adj. (2)
Total
 
CTA
Derivative
Hedging
Adj.
Debt &
Equity
Securities
Adj.
Pension
Liability
Adj.
Total
Beginning balance
$
(615.0
)
$
(2.4
)
$
0.6

$
(162.3
)
$
(779.1
)
 
$
(492.0
)
$
2.3

$
(6.3
)
$
(152.9
)
$
(648.9
)
Other comprehensive income before reclassifications
114.1

4.3

3.6

(0.1
)
121.9

 
(121.1
)
(5.7
)
3.9

(16.1
)
(139.0
)
Amounts reclassified from AOCI
356.5

0.2

0.1

61.2

418.0

 
(1.9
)
1.0

3.0

6.7

8.8

Net Other Comprehensive Income (Loss)
470.6

4.5

3.7

61.1

539.9

 
(123.0
)
(4.7
)
6.9

(9.4
)
(130.2
)
Ending balance
$
(144.4
)
$
2.1

$
4.3

$
(101.2
)
$
(239.2
)
 
$
(615.0
)
$
(2.4
)
$
0.6

$
(162.3
)
$
(779.1
)

(1) 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.
(2) 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.
 

 
 
Cumulative
Translation
Adjustment
 
Derivative
Hedging
Adjustment
 
Debt & Equity
Securities
Adjustment
 
Pension
Liability
Adjustment
 
Accumulated
Other
Comprehensive
Income (Loss)
Balance at January 1, 2015
 
$
(244.7
)
 
$
(0.7
)
 
$
1.6

 
$
(185.2
)
 
$
(429.0
)
Current year change
 
(247.3
)
 
3.0

 
(7.9
)
 
32.3

 
(219.9
)
Balance at December 31, 2015
 
(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
)