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CONDENSED CONSOLIDATED BALANCE SHEET - USD ($)
$ in Millions
Mar. 31, 2018
Dec. 31, 2017
Current assets    
Cash and cash equivalents $ 447.9 $ 626.5
Trade receivables (net of allowance of $15.9 and $16.2 at March 31, 2018 and December 31, 2017, respectively) 687.6 579.9
Inventories 1,009.1 969.6
Prepaid and other current assets 195.1 207.0
Total current assets 2,339.7 2,383.0
Non-current assets    
Property, plant and equipment – net 334.6 311.0
Goodwill 279.1 273.6
Intangible assets – net 13.5 13.8
Other assets 453.2 481.1
Total assets 3,420.1 3,462.5
Current liabilities    
Notes payable and current portion of long-term debt 5.2 5.2
Trade accounts payable 657.9 592.4
Other current liabilities 371.5 437.9
Total current liabilities 1,034.6 1,035.5
Non-current liabilities    
Long-term debt, less current portion 1,077.8 979.6
Retirement plans 152.0 151.3
Other non-current liabilities 76.8 73.6
Total liabilities 2,341.2 2,240.0
Commitments and contingencies
Stockholders’ equity    
Common stock, $.01 par value – authorized 300.0 shares; issued 131.2 and 130.4 shares at March 31, 2018 and December 31, 2017, respectively 1.3 1.3
Additional paid-in capital 1,315.1 1,322.0
Retained earnings 2,040.8 1,995.9
Accumulated other comprehensive income (loss) (213.3) (239.5)
Less cost of shares of common stock in treasury – 55.2 and 50.2 shares at March 31, 2018 and December 31, 2017, respectively (2,065.5) (1,857.7)
Total Terex Corporation stockholders’ equity 1,078.4 1,222.0
Noncontrolling interest 0.5 0.5
Total stockholders’ equity 1,078.9 1,222.5
Total liabilities and stockholders’ equity $ 3,420.1 $ 3,462.5