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BUSINESS SEGMENT INFORMATION (Tables)

9 Months Ended

Sep. 30, 2023

Segment Reporting [Abstract]

Schedule of Business Segment Information

Business segment information is presented below (in millions):

			Three Months Ended September 30,												Nine Months Ended September 30,
			2023						2022						2023						2022
Net sales
MP			$	541.1					$	457.9					$	1,672.3					$	1,391.3
AWP			751.0						662.6						2,261.8						1,811.8
Corporate and Other / Eliminations			(2.0)						—						(5.2)						(3.0)
Total			$	1,290.1					$	1,120.5					$	3,928.9					$	3,200.1
Income (loss) from operations
MP			$	91.3					$	66.8					$	274.8					$	210.8
AWP			93.6						63.5						310.3						142.2
Corporate and Other / Eliminations			(21.7)						(9.5)						(64.3)						(53.8)
Total			$	163.2					$	120.8					$	520.8					$	299.2

Reconciliation of Operating Profit (Loss) from Segments to Consolidated

			September 30, 2023						December 31, 2022
Identifiable assets
MP			$	1,863.3					$	1,800.1
AWP			2,242.6						2,122.5
Corporate and Other / Eliminations			(644.8)						(804.5)
Total			$	3,461.1					$	3,118.1

Revenue from External Customers by Geographic Areas

Geographic net sales information is presented below (in millions):

									Three Months Ended September 30, 2023																											Three Months Ended September 30, 2022
									MP						AWP						Corporate and Other / Eliminations						Total												MP						AWP						Corporate and Other / Eliminations						Total
Net sales by region
North America									$	243.2					$	533.1					$	4.3					$	780.6											$	189.9					$	444.8					$	7.4					$	642.1
Western Europe									142.5						103.2						—						245.7												137.1						98.4						0.1						235.6
Asia-Pacific									105.4						64.4						—						169.8												95.0						65.9						0.5						161.4
Rest of World (1)									50.0						50.3						(6.3)						94.0												35.9						53.5						(8.0)						81.4
Total (2)									$	541.1					$	751.0					$	(2.0)					$	1,290.1											$	457.9					$	662.6					$	—					$	1,120.5

(1) Includes intercompany sales and eliminations.

(2)     Total sales include $716.9 million and $568.6 million for the three months ended September 30, 2023 and 2022, respectively, attributable to the U.S., the Company’s country of domicile.

									Nine Months Ended September 30, 2023																														Nine Months Ended September 30, 2022
									MP						AWP						Corporate and Other / Eliminations						Total												MP						AWP						Corporate and Other / Eliminations						Total
Net sales by region
North America									$	751.8					$	1,551.0					$	10.5					$	2,313.3											$	561.7					$	1,226.8					$	10.8					$	1,799.3
Western Europe									457.6						366.7						0.1						824.4												431.8						293.0						0.3						725.1
Asia-Pacific									306.1						176.4						0.2						482.7												282.9						161.5						0.5						444.9
Rest of World (1)									156.8						167.7						(16.0)						308.5												114.9						130.5						(14.6)						230.8
Total (2)									$	1,672.3					$	2,261.8					$	(5.2)					$	3,928.9											$	1,391.3					$	1,811.8					$	(3.0)					$	3,200.1

(1) Includes intercompany sales and eliminations.

(2)     Total sales include $2.1 billion and $1.6 billion for the nine months ended September 30, 2023 and 2022, respectively, attributable to the U.S., the Company’s country of domicile.

Revenue from External Customers by Products and Services

Product type net sales information is presented below (in millions):

									Three Months Ended September 30, 2023																														Three Months Ended September 30, 2022
									MP						AWP						Corporate and Other / Eliminations						Total												MP						AWP						Corporate and Other / Eliminations						Total
Net sales by product type
Aerial Work Platforms									$	—					$	527.6					$	0.6					$	528.2											$	—					$	505.5					$	0.3					$	505.8
Materials Processing Equipment									371.3						—						—						371.3												277.3						—						—						277.3
Specialty Equipment									169.4						—						0.3						169.7												179.7						—						0.3						180.0
Utility Equipment									—						143.3						—						143.3												—						116.7						—						116.7
Other (1)									0.4						80.1						(2.9)						77.6												0.9						40.4						(0.6)						40.7
Total									$	541.1					$	751.0					$	(2.0)					$	1,290.1											$	457.9					$	662.6					$	—					$	1,120.5

(1)     Includes other product types, intercompany sales and eliminations.

															Nine Months Ended September 30, 2023																														Nine Months Ended September 30, 2022
															MP						AWP						Corporate and Other / Eliminations						Total												MP						AWP						Corporate and Other / Eliminations						Total
Net sales by product type
Aerial Work Platforms															$	—					$	1,597.0					$	1.7					$	1,598.7											$	—					$	1,344.5					$	1.1					$	1,345.6
Materials Processing Equipment															1,043.3						—						—						1,043.3												826.6						—						0.5						827.1
Specialty Equipment															625.1						—						0.9						626.0												562.4						—						1.0						563.4
Utility Equipment															—						428.6						—						428.6												—						343.3						—						343.3
Other (1)															3.9						236.2						(7.8)						232.3												2.3						124.0						(5.6)						120.7
Total															$	1,672.3					$	2,261.8					$	(5.2)					$	3,928.9											$	1,391.3					$	1,811.8					$	(3.0)					$	3,200.1

(1)     Includes other product types, intercompany sales and eliminations.

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Tabular disclosure of the reconciliation of profit (loss) from reportable segments to the consolidated income (loss) before income tax expense (benefit) and discontinued operations. Includes, but is not limited to, reconciliation after income tax if income tax is allocated to the reportable segment.

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