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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
CTADerivative Hedging Adj.Debt & Equity Securities Adj.Pension Liability Adj.TotalCTADerivative 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 yields1.15 %
Expected volatility42.65 %
Risk free interest rate4.50 %
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:
YearFirst Quarter
2024
$0.17 
2023
$0.15