XML 39 R29.htm IDEA: XBRL DOCUMENT v3.23.1
STOCKHOLDERS' EQUITY (Tables)
 3 Months Ended
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
CTADerivative Hedging Adj.Debt & Equity Securities Adj.Pension Liability Adj.TotalCTADerivative 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 yields1.21 %
Expected volatility46.54 %
Risk free interest rate3.81 %
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:
YearFirst Quarter
2023
$0.15 
2022
$0.13