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BUSINESS SEGMENT INFORMATION (Tables)
12 Months Ended
Dec. 31, 2023
Segment Reporting [Abstract]  
Schedule of business segment information
Business segment information is presented below (in millions):
 Year Ended December 31,
 202320222021
Net sales
MP$2,227.0 $1,941.6 $1,691.8 
AWP2,921.7 2,483.6 2,178.8 
Corporate and Other / Eliminations2.8 (7.5)16.2 
Total$5,151.5 $4,417.7 $3,886.8 
Income (loss) from operations
MP$358.6 $297.8 $240.9 
AWP371.3 196.2 152.1 
Corporate and Other / Eliminations(93.4)(74.0)(65.0)
Total$636.5 $420.0 $328.0 
Depreciation and amortization
MP$16.2 $14.4 $13.3 
AWP31.7 24.8 25.9 
Corporate8.5 8.0 11.0 
Total$56.4 $47.2 $50.2 
Capital expenditures
MP$37.6 $25.2 $15.8 
AWP79.3 77.6 41.2 
Corporate10.3 6.8 2.7 
Total$127.2 $109.6 $59.7 

December 31,
20232022
Identifiable assets  
MP (1)
$2,091.4 $1,800.1 
AWP (1)
2,216.2 1,959.5 
Corporate and Other / Eliminations
(692.1)(641.5)
Total$3,615.5 $3,118.1 
(1)     Increase primarily due to higher receivables and inventory.
Schedule of Disclosure on Geographic Areas, Long-Lived Assets in Individual Foreign Countries by Country
Long-lived assets consist of net fixed assets, which can be attributed to the specific geographic regions (in millions):
 December 31,
 20232022
Long-lived Assets  
U.S.
$192.1 $187.6 
United Kingdom96.4 81.8 
Mexico125.4 82.6 
China65.2 54.1 
Other European countries62.0 40.2 
All other28.7 19.3 
Total$569.8 $465.6 
Schedule of Revenue from External Customers Attributed to Foreign Countries by Geographic Area
Geographic net sales information is presented below (in millions):
 Year Ended December 31, 2023
MPAWPCorporate and Other / EliminationsTotal
Net sales by region 
North America$973.9 $2,042.6 $14.5 $3,031.0 
Western Europe609.4 434.0 0.2 1,043.6 
Asia-Pacific426.3 235.1 0.2 661.6 
Rest of World (1)
217.4 210.0 (12.1)415.3 
Total (2)
$2,227.0 $2,921.7 $2.8 $5,151.5 
(1) Includes intercompany sales and eliminations.
(2) Total sales include $2.8 billion attributable to the U.S., the Company’s country of domicile.
 Year Ended December 31, 2022
MPAWPCorporate and Other / EliminationsTotal
Net sales by region  
North America$818.6 $1,666.4 $12.2 $2,497.2 
Western Europe566.6 386.9 0.4 953.9 
Asia-Pacific384.6 227.2 0.6 612.4 
Rest of World (1)
171.8 203.1 (20.7)354.2 
Total (2)
$1,941.6 $2,483.6 $(7.5)$4,417.7 
(1) Includes intercompany sales and eliminations.
(2) Total sales include $2.2 billion attributable to the U.S., the Company’s country of domicile.
 Year Ended December 31, 2021
MPAWPCorporate and Other / EliminationsTotal
Net sales by region  
North America$667.4 $1,415.8 $26.3 $2,109.5 
Western Europe515.6 346.7 0.5 862.8 
Asia-Pacific349.3 310.3 3.1 662.7 
Rest of World (1)
159.5 106.0 (13.7)251.8 
Total (2)
$1,691.8 $2,178.8 $16.2 $3,886.8 
(1) Includes intercompany sales and eliminations.
(2) Total sales include $1.9 billion attributable to the U.S., the Company’s country of domicile.

The Company attributes sales to unaffiliated customers in different geographical areas based on the location of the customer.

Product type net sales information is presented below (in millions):
 Year Ended December 31, 2023
MPAWPCorporate and Other / EliminationsTotal
Net sales by product type  
Aerial Work Platforms$— $2,033.3 $3.1 $2,036.4 
Materials Processing Equipment1,412.0 — — 1,412.0 
Specialty Equipment814.1 — 0.7 814.8 
Utility Equipment— 574.8 — 574.8 
Other (1)
0.9 313.6 (1.0)313.5 
Total$2,227.0 $2,921.7 $2.8 $5,151.5 
(1) Includes other product types, intercompany sales and eliminations.
 Year Ended December 31, 2022
MPAWPCorporate and Other / EliminationsTotal
Net sales by product type  
Aerial Work Platforms$— $1,798.8 $1.2 $1,800.0 
Materials Processing Equipment1,155.0 — 0.5 1,155.5 
Specialty Equipment780.7 — 1.3 782.0 
Utility Equipment— 466.4 — 466.4 
Other (1)
5.9 218.4 (10.5)213.8 
Total$1,941.6 $2,483.6 $(7.5)$4,417.7 
(1) Includes other product types, intercompany sales and eliminations.
 Year Ended December 31, 2021
MPAWPCorporate and Other / EliminationsTotal
Net sales by product type  
Aerial Work Platforms$— $1,611.8 $1.6 $1,613.4 
Materials Processing Equipment995.9 — 1.3 997.2 
Specialty Equipment693.5 — 2.2 695.7 
Utility Equipment— 380.6 0.6 381.2 
Other (1)
2.4 186.4 10.5 199.3 
Total$1,691.8 $2,178.8 $16.2 $3,886.8 
(1) Includes other product types, intercompany sales and eliminations.