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STOCKHOLDERS' EQUITY (Tables) | 6 Months Ended
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Jun. 30, 2022
Stockholders' Equity Note [Abstract] |
Schedule of accumulated other comprehensive income (loss) | The table below presents changes in AOCI by component for the three and six months ended June 30, 2022 and 2021. All amounts are net of tax (in millions).
| Three Months Ended June 30, 2022 |  | Three Months Ended June 30, 2021
| CTA | Derivative Hedging Adj. | Debt & Equity Securities Adj. | Pension Liability Adj. | Total |  | CTA | Derivative Hedging Adj. | Debt & Equity Securities Adj. | Pension Liability Adj. | Total
Beginning balance | $ | (206.9) |  | $ | 3.0 |  | $ | (1.7) |  | $ | (42.9) |  | $ | (248.5) |  |  | $ | (165.4) |  | $ | 7.8 |  | $ | 0.1 |  | $ | (58.0) |  | $ | (215.5) |
Other comprehensive income (loss) before reclassifications | (72.0) |  | (0.3) |  | (1.2) |  | 2.7 |  | (70.8) |  |  | 8.8 |  | 7.1 |  | 0.5 |  | (0.2) |  | 16.2 |
Amounts reclassified from AOCI | — |  | (1.9) |  | — |  | 0.3 |  | (1.6) |  |  | — |  | (1.2) |  | — |  | 0.5 |  | (0.7) |
Net other comprehensive income (loss) | (72.0) |  | (2.2) |  | (1.2) |  | 3.0 |  | (72.4) |  |  | 8.8 |  | 5.9 |  | 0.5 |  | 0.3 |  | 15.5 |
Ending balance | $ | (278.9) |  | $ | 0.8 |  | $ | (2.9) |  | $ | (39.9) |  | $ | (320.9) |  |  | $ | (156.6) |  | $ | 13.7 |  | $ | 0.6 |  | $ | (57.7) |  | $ | (200.0) |
| Six Months Ended June 30, 2022 |  | Six Months Ended June 30, 2021 |  |  |  |
| CTA | Derivative Hedging Adj. | Debt & Equity Securities Adj. | Pension Liability Adj. | Total |  | CTA | Derivative Hedging Adj. | Debt & Equity Securities Adj. | Pension Liability Adj. | Total |  |  |  |
Beginning balance | $ | (188.0) |  | $ | 4.0 |  | $ | — |  | $ | (44.5) |  | $ | (228.5) |  |  | $ | (145.2) |  | $ | (6.0) |  | $ | 1.2 |  | $ | (58.4) |  | $ | (208.4) |  |  |  |  |
Other comprehensive income (loss) before reclassifications | (90.5) |  | 2.6 |  | (2.9) |  | 3.9 |  | (86.9) |  |  | (11.4) |  | 20.5 |  | (0.6) |  | (0.4) |  | 8.1 |  |  |  |  |
Amounts reclassified from AOCI | (0.4) |  | (5.8) |  | — |  | 0.7 |  | (5.5) |  |  | — |  | (0.8) |  | — |  | 1.1 |  | 0.3 |  |  |  |  |
Net other comprehensive income (loss) | (90.9) |  | (3.2) |  | (2.9) |  | 4.6 |  | (92.4) |  |  | (11.4) |  | 19.7 |  | (0.6) |  | 0.7 |  | 8.4 |  |  |  |  |
Ending balance | $ | (278.9) |  | $ | 0.8 |  | $ | (2.9) |  | $ | (39.9) |  | $ | (320.9) |  |  | $ | (156.6) |  | $ | 13.7 |  | $ | 0.6 |  | $ | (57.7) |  | $ | (200.0) |  |  |  |  |
Schedule of weighted-average assumptions used in the valuations | The following table presents the weighted-average assumptions used in the valuation:
| Grant date
| March 17, 2022
Dividend yields | 1.31 | %
Expected volatility | 54.25 | %
Risk free interest rate | 2.09 | %
Expected life (in years) | 3
Schedule of Repurchase Agreements | The table below presents shares repurchased, inclusive of transactions executed but not settled, by the Company under this program.
| Six Months Ended June 30 |  | Total Number of Shares Repurchased | Amount of Shares Repurchased (in millions)
| 2022 |  | 2,298,050 | $79.5
| 2021 |  | — | $—
Dividends Declared | The table below presents dividends declared by Terex’s Board of Directors and paid to the Company’s shareholders:
Year | First Quarter | Second Quarter |  |
2022 | $ | 0.13 |  | $ | 0.13 |  |  |
2021 | $ | 0.12 |  | $ | 0.12 |  |  |

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