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BUSINESS SEGMENT INFORMATION (Tables)

9 Months Ended

Sep. 30, 2019

Segment Reporting [Abstract]

Schedule of business segment information

Business segment information is presented below (in millions):

	Three Months Ended September 30,								Nine Months Ended September 30,
	2019				2018				2019				2018
Net sales
AWP	$	628.2			$	729.4			$	2,226.5			$	2,319.2
MP	338.6				313.6				1,050.0				964.7
Corporate and Other / Eliminations	57.8				55.8				191.6				184.5
Total	$	1,024.6			$	1,098.8			$	3,468.1			$	3,468.4
Income (loss) from operations
AWP	$	45.9			$	81.6			$	191.8			$	263.4
MP	52.4				41.4				157.9				125.6
Corporate and Other / Eliminations	(11.9		)		(18.8		)		(37.6		)		(58.1		)
Total	$	86.4			$	104.2			$	312.1			$	330.9

Sales between segments are generally priced to recover costs plus a reasonable markup for profit, which is eliminated in consolidation.

	September 30, 2019				December 31, 2018
Identifiable assets
AWP	$	1,922.7			$	1,983.5
MP	1,156.7				1,160.1
Corporate and Other / Eliminations (1)	62.3				(185.6		)
Assets held for sale (2)	19.0				527.9
Total	$	3,160.7			$	3,485.9

(1) Increase due to cash from the sales of Demag and ASV Holdings, Inc. shares and Section 301 tariff receivables.

(2) Decrease in assets from the sale of Demag. See Note D - “Discontinued Operations and Assets and Liabilities Held For Sale”.

Geographic net sales information is presented below (in millions):

	Three Months Ended September 30, 2019																Three Months Ended September 30, 2018
	AWP				MP				Corporate and Other / Eliminations				Total				AWP				MP				Corporate and Other / Eliminations				Total
Net sales by region
North America	$	429.3			$	134.1			$	41.8			$	605.2			$	504.5			$	116.4			$	31.3			$	652.2
Western Europe	77.4				100.7				18.6				196.7				97.7				97.8				16.0				211.5
Asia-Pacific	78.5				69.5				3.5				151.5				79.9				65.7				7.1				152.7
Rest of World (1)	43.0				34.3				(6.1		)		71.2				47.3				33.7				1.4				82.4
Total (2)	$	628.2			$	338.6			$	57.8			$	1,024.6			$	729.4			$	313.6			$	55.8			$	1,098.8

(1) Includes intercompany sales and eliminations

(2) Total sales include $547.1 million and $606.0 million in 2019 and 2018, respectively, attributable to the United States, the Company’s country of domicile.

	Nine Months Ended September 30, 2019																Nine Months Ended September 30, 2018
	AWP				MP				Corporate and Other / Eliminations				Total				AWP				MP				Corporate and Other / Eliminations				Total
Net sales by region
North America	$	1,466.0			$	419.3			$	122.9			$	2,008.2			$	1,547.9			$	387.3			$	95.8			$	2,031.0
Western Europe	369.9				328.6				69.6				768.1				447.8				276.8				58.0				782.6
Asia-Pacific	253.5				208.3				11.1				472.9				205.2				193.2				18.7				417.1
Rest of World (1)	137.1				93.8				(12.0		)		218.9				118.3				107.4				12.0				237.7
Total (2)	$	2,226.5			$	1,050.0			$	191.6			$	3,468.1			$	2,319.2			$	964.7			$	184.5			$	3,468.4

(1) Includes intercompany sales and eliminations.

(2) Total sales include $1,829.5 million and $1,876.0 million in 2019 and 2018, respectively, attributable to the United States, the Company’s country of domicile.

The Company attributes sales to unaffiliated customers in different geographical areas based on the location of the customer. 

Product type net sales information is presented below (in millions):

	Three Months Ended September 30, 2019																Three Months Ended September 30, 2018
	AWP				MP				Corporate and Other / Eliminations				Total				AWP				MP				Corporate and Other / Eliminations				Total
Net sales by product type
Aerial Work Platforms	$	426.0			$	—			$	0.5			$	426.5			$	518.8			$	—			$	0.7			$	519.5
Materials Processing Equipment	—				222.7				—				222.7				—				208.4				—				208.4
Specialty Equipment	—				115.4				—				115.4				—				100.8				—				100.8
Other (1)	202.2				0.5				57.3				260.0				210.6				4.4				55.1				270.1
Total	$	628.2			$	338.6			$	57.8			$	1,024.6			$	729.4			$	313.6			$	55.8			$	1,098.8

(1) Includes other product types, intercompany sales and eliminations.

	Nine Months Ended September 30, 2019																Nine Months Ended September 30, 2018
	AWP				MP				Corporate and Other / Eliminations				Total				AWP				MP				Corporate and Other / Eliminations				Total
Net sales by product type
Aerial Work Platforms	$	1,581.6			$	—			$	2.2			$	1,583.8			$	1,713.8			$	—			$	2.3			$	1,716.1
Materials Processing Equipment	—				670.3				—				670.3				—				637.7				—				637.7
Specialty Equipment	—				377.4				—				377.4				—				307.0				—				307.0
Other (1)	644.9				2.3				189.4				836.6				605.4				20.0				182.2				807.6
Total	$	2,226.5			$	1,050.0			$	191.6			$	3,468.1			$	2,319.2			$	964.7			$	184.5			$	3,468.4

(1) Includes other product types, intercompany sales and eliminations.

X

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8736-108599

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8813-108599

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=108376223&loc=d3e13816-109267

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 21
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8721-108599

Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8906-108599

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- References

No definition available.

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