XML 44 R53.htm IDEA: XBRL DOCUMENT
v2.4.0.6

Debt (Details) (USD $) In Millions, unless otherwise specified | 3 Months Ended | 7 Months Ended |  | 1 Months Ended |  |  |  | 1 Months Ended |  |  |  | 1 Months Ended |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
--- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | ---
Mar. 31, 2013 | Dec. 31, 2011 facility | Dec. 31, 2012 | May 31, 2011 Revolving credit facility Y | Mar. 31, 2013 Revolving credit facility | Dec. 31, 2012 Revolving credit facility | May 13, 2011 Revolving credit facility | May 31, 2011 Term loan A Y | Mar. 31, 2013 Term loan A | Dec. 31, 2012 Term loan A | May 13, 2011 Term loan A | May 31, 2011 Term loan B Y | Mar. 31, 2013 Term loan B | Dec. 31, 2012 Term loan B | May 13, 2011 Term loan B | Mar. 31, 2013 Senior notes due 2018 | Dec. 31, 2012 Senior notes due 2018 | Feb. 03, 2010 Senior notes due 2018 | Mar. 31, 2013 Senior notes due 2020 | Dec. 31, 2012 Senior notes due 2020 | Oct. 18, 2010 Senior notes due 2020 | Mar. 31, 2013 Senior notes due 2022 | Dec. 31, 2012 Senior notes due 2022 | Oct. 19, 2012 Senior notes due 2022 | Mar. 31, 2013 Other | Dec. 31, 2012 Other | May 13, 2011 Senior Credit Facility
Debt: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Total debt | $ 1,952.7 |  | $ 1,824.8 |  | $ 183.6 | $ 34.4 |  |  | $ 277.1 | $ 297.5 |  |  | $ 75.4 | $ 81.0 |  | $ 410.0 | $ 410.5 |  | $ 620.5 | $ 621.2 |  | $ 297.6 | $ 298.9 |  | $ 88.5 | $ 81.3 |
Less current portion and short-term borrowings | (85.6) |  | (92.8) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Long-term debt | 1,867.1 |  | 1,732.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Maximum borrowing capacity under revolving credit facility |  |  |  |  |  |  | 500.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1,250.0
Number of loan facilities included with the senior credit facility |  | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Term of debt (in years) |  |  |  | 5 |  |  |  | 5 |  |  |  | 6.5 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Face amount of debt |  |  |  |  |  |  |  |  |  |  | $ 350.0 |  |  |  | $ 400.0 |  |  | $ 400.0 |  |  | $ 600.0 |  |  | $ 300.0 |  |  |
Weighted-average interest rate, including interest rate caps (as a percent) |  |  |  |  |  |  |  |  | 3.00% |  |  |  | 4.25% |  |  |  |  |  |  |  |  |  |  |  |  |  |
Weighted average interest rate (as a percent) |  |  |  |  |  |  |  |  | 3.00% |  |  |  | 4.25% |  |  |  |  |  |  |  |  |  |  |  | 6.60% |  |
Debt instrument interest rate cap | 3.00% |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |

X
- Definition Debt Instrument, Interest Rate Cap + References No definition available. + Details
Name: | mtw_DebtInstrumentInterestRateCap
Namespace Prefix: | mtw_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Represents the number of loan facilities included with the senior credit facility. + References No definition available. + Details
Name: | mtw_DebtInstrumentNumberOfLoanFacilitiesIncludedWithSeniorCreditFacility
Namespace Prefix: | mtw_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | duration

X
- Definition Represents the term of the debt instrument in number of years. + References No definition available. + Details
Name: | mtw_DebtInstrumentTermNumberOfYears
Namespace Prefix: | mtw_
Data Type: | xbrli:decimalItemType
Balance Type: | na
Period Type: | duration

X
- Definition Represents weighted average interest rates, including interest rate caps, for the term loans. + References No definition available. + Details
Name: | mtw_DebtWeightedAverageInterestRateIncludingInterestRateCaps
Namespace Prefix: | mtw_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Sum of the carrying values as of the balance sheet date of all debt, including all short-term borrowings, long-term debt, and capital lease obligations. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03.16) -URI http://asc.fasb.org/extlink&oid=6879938&loc=d3e572229-122910 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03.13,16) -URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878 + Details
Name: | us-gaap_DebtAndCapitalLeaseObligations
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Carrying value as of the balance sheet date of the sum of short-term debt and current maturities of long-term debt and capital lease obligations, which are due within one year (or one business cycle if longer). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19,20) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 19 -Article 5 + Details
Name: | us-gaap_DebtCurrent
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition The stated principal amount of the debt instrument at time of issuance, which may vary from the carrying amount because of unamortized premium or discount. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6451184&loc=d3e28551-108399 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 55 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=6584090&loc=d3e28878-108400 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher AICPA -Name Accounting Principles Board Opinion (APB) -Number 21 -Paragraph 16, 20 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. + Details
Name: | us-gaap_DebtInstrumentFaceAmount
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Details
Name: | us-gaap_DebtInstrumentLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Reflects the calculation as of the balance sheet date of the average interest rate weighted by the amount of debt outstanding by type or by instrument at that time. + References No definition available. + Details
Name: | us-gaap_DebtWeightedAverageInterestRate
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Maximum borrowing capacity under the credit facility without consideration of any current restrictions on the amount that could be borrowed or the amounts currently outstanding under the facility. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 129 -Paragraph 2, 4 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19(b),22(b)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 19, 22 -Article 5 + Details
Name: | us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Sum of the carrying values as of the balance sheet date of all long-term debt, which is debt initially having maturities due after one year from the balance sheet date or beyond the operating cycle, if longer, but excluding the portions thereof scheduled to be repaid within one year or the normal operating cycle, if longer plus capital lease obligations due to be paid more than one year after the balance sheet date. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 22 -Article 5 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Staff Accounting Bulletin (SAB) -Number Topic 6 -Section H + Details
Name: | us-gaap_LongTermDebtAndCapitalLeaseObligations
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant