XML 42 R31.htm IDEA: XBRL DOCUMENT
v3.24.1.u1

STOCKHOLDERS' EQUITY (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2024
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, 2024 and 2023. All amounts are net of tax (in millions).
| Three Months Ended March 31, 2024 |  | Three Months Ended March 31, 2023
| 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 | $ | (228.3) |  | $ | (5.4) |  | $ | (2.7) |  | $ | (50.7) |  | $ | (287.1) |  |  | $ | (285.5) |  | $ | (6.4) |  | $ | (3.5) |  | $ | (46.2) |  | $ | (341.6) |
Other comprehensive income (loss) before reclassifications | (33.9) |  | 4.0 |  | (0.2) |  | 0.5 |  | (29.6) |  |  | 24.4 |  | 0.5 |  | 0.5 |  | (1.0) |  | 24.4 |
Amounts reclassified from AOCI | — |  | 0.3 |  | — |  | 0.5 |  | 0.8 |  |  | — |  | 1.4 |  | — |  | 0.5 |  | 1.9 |
Net other comprehensive income (loss) | (33.9) |  | 4.3 |  | (0.2) |  | 1.0 |  | (28.8) |  |  | 24.4 |  | 1.9 |  | 0.5 |  | (0.5) |  | 26.3 |
Ending balance | $ | (262.2) |  | $ | (1.1) |  | $ | (2.9) |  | $ | (49.7) |  | $ | (315.9) |  |  | $ | (261.1) |  | $ | (4.5) |  | $ | (3.0) |  | $ | (46.7) |  | $ | (315.3) |
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, 2024
Dividend yields | 1.15 | %
Expected volatility | 42.65 | %
Risk free interest rate | 4.50 | %
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)
| 2024 |  | 46,337 | $2.7
| 2023 |  | 79,285 | $3.7
Dividends Declared | The table below presents dividends declared by Terex’s Board and paid to the Company’s shareholders:
Year | First Quarter |  |  |  |  |
2024 | $ | 0.17 |  |  |  |  |  |
2023 | $ | 0.15 |  |  |  |  |  |

X
- Definition Tabular disclosure of the significant assumptions used to estimate the fair value of market based awards. + References No definition available. + Details
Name: | tex_ScheduleofSharebasedPaymentAwardMarketBasedAwardsValuationAssumptionsTableTextBlock
Namespace Prefix: | tex_
Data Type: | dtr-types1:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of information related to dividends declared, including paid and unpaid dividends. + References No definition available. + Details
Name: | us-gaap_DividendsDeclaredTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of accumulated other comprehensive income (loss). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 14A -Publisher FASB -URI https://asc.fasb.org//1943274/2147482790/220-10-45-14A Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 830 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481674/830-30-50-1 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 830 -SubTopic 30 -Name Accounting Standards Codification -Section 45 -Paragraph 20 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481694/830-30-45-20 + Details
Name: | us-gaap_ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for repurchase agreements. + References No definition available. + Details
Name: | us-gaap_ScheduleOfRepurchaseAgreements
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_StockholdersEquityNoteAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration