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CONSOLIDATED STATEMENT OF INCOME (LOSS) - USD ($)
shares in Millions, $ in Millions
 12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Income Statement [Abstract]      
Net sales $ 4,417.7 $ 3,886.8 $ 3,076.4
Cost of goods sold (3,546.5) (3,129.4) (2,537.1)
Gross profit 871.2 757.4 539.3
Selling, general and administrative expenses (451.2) (429.4) (470.9)
Income (loss) from operations 420.0 328.0 68.4
Other income (expense)      
Interest income 2.8 3.7 3.6
Interest expense (49.1) (51.5) (65.9)
Loss on early extinguishment of debt (0.3) (29.4) 0.0
Other income (expense) – net  (6.8) 13.0 4.9
Income (loss) from continuing operations before income taxes 366.6 263.8 11.0
(Provision for) benefit from income taxes (66.4) (46.3) (2.0)
Income (loss) from continuing operations 300.2 217.5 9.0
Income (loss) from discontinued operations – net of tax 0.0 0.0 (0.4)
Gain (loss) on disposition of discontinued operations – net of tax (0.2) 3.4 (19.2)
Net income (loss) $ 300.0 $ 220.9 $ (10.6)
Basic earnings (loss) per share:      
Income (loss) from continuing operations (in dollars per share) $ 4.38 $ 3.12 $ 0.13
Income (loss) from discontinued operations – net of tax (in dollars per share) 0 0 (0.01)
Gain (loss) on disposition of discontinued operations – net of tax (in dollars per share) 0 0.05 (0.27)
Net income (loss) attributable to Terex Corporation (in dollars per share) 4.38 3.17 (0.15)
Diluted earnings (loss) per share:      
Income (loss) from continuing operations (in dollars per share) 4.32 3.07 0.13
Income (loss) from discontinued operations – net of tax (in dollars per share) 0 0 (0.01)
Gain (loss) on disposition of discontinued operations – net of tax (in dollars per share) 0 0.05 (0.27)
Net income (loss) attributable to Terex Corporation (in dollars per share) $ 4.32 $ 3.12 $ (0.15)
Weighted average number of shares outstanding in per share calculation      
Basic (in shares) 68.5 69.7 69.6
Diluted (in shares) 69.4 70.9 70.1