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STOCKHOLDERS' EQUITY (Tables) | 3 Months Ended
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Mar. 31, 2023
Stockholders' Equity Note [Abstract] |
Schedule of accumulated other comprehensive income (loss) | The table below presents changes in AOCI by component for the three months ended March 31, 2023 and 2022. All amounts are net of tax (in millions).
| Three Months Ended March 31, 2023 |  | Three Months Ended March 31, 2022
| 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 | $ | (285.5) |  | $ | (6.4) |  | $ | (3.5) |  | $ | (46.2) |  | $ | (341.6) |  |  | $ | (188.0) |  | $ | 4.0 |  | $ | — |  | $ | (44.5) |  | $ | (228.5) |
Other comprehensive income (loss) before reclassifications | 24.4 |  | 0.5 |  | 0.5 |  | (1.0) |  | 24.4 |  |  | (18.5) |  | 2.9 |  | (1.7) |  | 1.2 |  | (16.1) |
Amounts reclassified from AOCI | — |  | 1.4 |  | — |  | 0.5 |  | 1.9 |  |  | (0.4) |  | (3.9) |  | — |  | 0.4 |  | (3.9) |
Net other comprehensive income (loss) | 24.4 |  | 1.9 |  | 0.5 |  | (0.5) |  | 26.3 |  |  | (18.9) |  | (1.0) |  | (1.7) |  | 1.6 |  | (20.0) |
Ending balance | $ | (261.1) |  | $ | (4.5) |  | $ | (3.0) |  | $ | (46.7) |  | $ | (315.3) |  |  | $ | (206.9) |  | $ | 3.0 |  | $ | (1.7) |  | $ | (42.9) |  | $ | (248.5) |
Schedule of weighted-average assumptions used in the valuations | The following table presents the weighted-average assumptions used in the valuations:
| Grant date
| March 15, 2023
Dividend yields | 1.21 | %
Expected volatility | 46.54 | %
Risk free interest rate | 3.81 | %
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 these programs.
| Three Months Ended March 31 |  | Total Number of Shares Repurchased | Amount of Shares Repurchased (in millions)
| 2023 |  | 79,285 | $3.7
| 2022 |  | 508,892 | $19.6
Dividends Declared | The table below presents dividends declared by Terex’s Board of Directors and paid to the Company’s shareholders:
Year | First Quarter |  |  |  |
2023 | $ | 0.15 |  |  |  |  |
2022 | $ | 0.13 |  |  |  |  |

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