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GOODWILL AND INTANGIBLE ASSETS, NET (Tables)

9 Months Ended

Sep. 30, 2018

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				Cranes				MP				Total
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
Foreign exchange effect and other	(0.7		)		—				(4.8		)		(5.5		)
Balance at September 30, 2018, gross	139.5				179.3				190.4				509.2
Accumulated impairment	(38.6		)		(179.3		)		(23.2		)		(241.1		)
Balance at September 30, 2018, net	$	100.9			$	—			$	167.2			$	268.1

Schedule of intangible assets by class

Intangible assets, net were comprised of the following (in millions):

			September 30, 2018												December 31, 2017
	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		$	18.2			$	(17.4	)		$	0.8			$	18.8			$	(17.8	)		$	1.0
Customer Relationships	20		32.8				(28.7		)		4.1				33.2				(28.3		)		4.9
Land Use Rights	81		4.3				(0.6		)		3.7				4.8				(0.6		)		4.2
Other	8		26.4				(23.1		)		3.3				26.5				(22.8		)		3.7
Total definite-lived intangible assets			$	81.7			$	(69.8	)		$	11.9			$	83.3			$	(69.5	)		$	13.8

Finite-lived Intangible Assets Amortization Expense

	Three Months Ended September 30,								Nine Months Ended September 30,
(in millions)	2018				2017				2018				2017
Aggregate Amortization Expense	$	0.5			$	0.5			$	1.5			$	1.5

Schedule of intangible assets amortization expense

Estimated aggregate intangible asset amortization expense (in millions) for each of the next five years below is:

2018	$	2.0
2019	$	1.7
2020	$	1.7
2021	$	1.6
2022	$	1.4

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Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance with a finite life, by either major class or business segment.

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Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule.

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