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STOCKHOLDERS' EQUITY (Tables)

12 Months Ended

Dec. 31, 2021

Stockholders' Equity Note [Abstract]

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
			March 4, 2021						February 26, 2020						March 12, 2019
Dividend yields			1.12%						2.12%						1.31%
Expected historical volatility			53.03%						36.36%						36.64%
Risk free interest rate			0.29%						1.14%						2.40%
Expected life (in years)			3						3						3
Grant date fair value per share			$54.92						$21.09						$38.77

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, 2020						2,391,325						$	27.64
Granted						638,520						$	44.26
Vested						(706,935)						$	32.53
Canceled, expired or other						(435,204)						$	20.11
Nonvested at December 31, 2021						1,887,706						$	34.44

Schedule of Accumulated Other Comprehensive Income (Loss)

						Cumulative Translation Adjustment						Derivative Hedging Adjustment						Debt & Equity Securities Adjustment						Pension Liability Adjustment						Accumulated Other Comprehensive Income (Loss)
Balance at January 1, 2019						$	(225.6)					$	(4.4)					$	0.8					$	(55.6)					$	(284.8)
Current year change						17.4						3.6						1.8						4.5						27.3
Balance at December 31, 2019						(208.2)						(0.8)						2.6						(51.1)						(257.5)
Current year change						63.0						(5.2)						(1.4)						(7.3)						49.1
Balance at December 31, 2020						(145.2)						(6.0)						1.2						(58.4)						(208.4)
Current year change						(42.8)						10.0						(1.2)						13.9						(20.1)
Balance at December 31, 2021						$	(188.0)					$	4.0					$	—					$	(44.5)					$	(228.5)

Changes in Accumulated Other Comprehensive Income (Loss)

The table below presents changes in AOCI by component for the year ended December 31, 2021 and 2020. All amounts are net of tax (in millions).

			Year ended December 31, 2021																		Year ended December 31, 2020
			CTA			Derivative Hedging Adj. (1)			Debt & Equity Securities Adj.			Pension Liability Adj.			Total						CTA			Derivative Hedging Adj.			Debt & Equity Securities Adj.			Pension Liability Adj.			Total
Beginning balance			$	(145.2)		$	(6.0)		$	1.2		$	(58.4)		$	(208.4)					$	(208.2)		$	(0.8)		$	2.6		$	(51.1)		$	(257.5)
Other comprehensive income (loss) before reclassifications			(42.7)			21.3			(1.2)			11.9			(10.7)						63.0			(9.2)			(1.4)			(8.6)			43.8
Amounts reclassified from AOCI			(0.1)			(11.3)			—			2.0			(9.4)						—			4.0			—			1.3			5.3
Net other comprehensive income (loss)			(42.8)			10.0			(1.2)			13.9			(20.1)						63.0			(5.2)			(1.4)			(7.3)			49.1
Ending balance			$	(188.0)		$	4.0		$	—		$	(44.5)		$	(228.5)					$	(145.2)		$	(6.0)		$	1.2		$	(58.4)		$	(208.4)

(1) Reclassifications primarily relate to $12.1 million of income (net of $3.5 million of tax expense) reclassified from AOCI to Cost of Goods Sold related to commodity swaps.

Schedule of Repurchase Agreements

The table below presents shares repurchased by the Company during the years ended December 31, 2021, 2020 and 2019 under this program:

Year Ended December 31			Total Number of Shares Repurchased			Amount of Shares Repurchased (in millions)
2021			28,688			$1.2
2020			2,501,900			$54.6
2019			175,275			$4.9

Dividends Declared

The table below presents dividends declared by Terex’s Board of Directors and paid to the Company’s shareholders in each quarter of 2021, 2020 and 2019:

Year			First Quarter			Second Quarter			Third Quarter			Fourth Quarter
2021			$	0.12		$	0.12		$	0.12		$	0.12
2020			$	0.12		$	—		$	—		$	—
2019			$	0.11		$	0.11		$	0.11		$	0.11

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