XML 23 R78.htm IDEA: XBRL DOCUMENT v2.4.1.9
Income Taxes (Details 3) (USD $)
In Millions, unless otherwise specified
Dec. 31, 2014
Dec. 31, 2013
Current deferred tax assets (liabilities):    
Inventories $ 29.5us-gaap_DeferredTaxAssetsInventory $ 32.3us-gaap_DeferredTaxAssetsInventory
Accounts receivable (5.6)us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts (2.1)us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts
Product warranty reserves 19.0mtw_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsWarrantyServicesCurrent 20.0mtw_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsWarrantyServicesCurrent
Product liability reserves 8.3mtw_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsProductLiabilityReservesCurrent 7.9mtw_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsProductLiabilityReservesCurrent
Deferred revenue, current portion 7.7mtw_DeferredTaxAssetsDeferredIncomeCurrent 0.6mtw_DeferredTaxAssetsDeferredIncomeCurrent
Deferred employee benefits 13.3mtw_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeBenefitsCurrent 16.6mtw_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeBenefitsCurrent
Other reserves and allowances 5.7us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsOther 16.1us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsOther
Less valuation allowance (12.2)us-gaap_DeferredTaxAssetsValuationAllowanceCurrent (3.6)us-gaap_DeferredTaxAssetsValuationAllowanceCurrent
Net deferred tax assets, current 65.7us-gaap_DeferredTaxAssetsLiabilitiesNetCurrent 87.8us-gaap_DeferredTaxAssetsLiabilitiesNetCurrent
Non-current deferred tax assets (liabilities):    
Property, plant and equipment (28.2)us-gaap_DeferredTaxLiabilitiesPropertyPlantAndEquipment (32.6)us-gaap_DeferredTaxLiabilitiesPropertyPlantAndEquipment
Intangible assets (281.8)us-gaap_DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets (296.3)us-gaap_DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
Deferred employee benefits 87.7mtw_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeBenefitsNoncurrent 67.1mtw_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeBenefitsNoncurrent
Product warranty reserves 5.2mtw_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsWarrantyReservesNoncurrent 4.2mtw_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsWarrantyReservesNoncurrent
Tax credits 1.0us-gaap_DeferredTaxAssetsTaxCreditCarryforwards 2.3us-gaap_DeferredTaxAssetsTaxCreditCarryforwards
Net operating loss carryforwards 199.0us-gaap_DeferredTaxAssetsOperatingLossCarryforwards 192.7us-gaap_DeferredTaxAssetsOperatingLossCarryforwards
Deferred revenue 4.0mtw_DeferredTaxAssetsDeferredIncomeNoncurrent 5.9mtw_DeferredTaxAssetsDeferredIncomeNoncurrent
Other (0.7)us-gaap_DeferredTaxLiabilitiesOther (2.4)us-gaap_DeferredTaxLiabilitiesOther
Total non-current deferred tax liabilities (13.8)us-gaap_DeferredTaxLiabilitiesGrossNoncurrent (59.1)us-gaap_DeferredTaxLiabilitiesGrossNoncurrent
Less valuation allowance 156.0us-gaap_DeferredTaxAssetsValuationAllowanceNoncurrent 146.2us-gaap_DeferredTaxAssetsValuationAllowanceNoncurrent
Long-term deferred income tax liability (169.8)us-gaap_DeferredTaxLiabilities (205.3)us-gaap_DeferredTaxLiabilities
Components of Deferred Tax Assets and Liabilities [Abstract]    
Current income tax asset 71.3us-gaap_DeferredTaxAssetsNetCurrent 89.9us-gaap_DeferredTaxAssetsNetCurrent
Long-term income tax assets, included in other non-current assets 16.4us-gaap_DeferredTaxAssetsNetNoncurrent 9.0us-gaap_DeferredTaxAssetsNetNoncurrent
Current deferred income tax liability, included in accounts payable and accrued expenses (5.6)us-gaap_DeferredTaxLiabilitiesCurrent (2.1)us-gaap_DeferredTaxLiabilitiesCurrent
Long-term deferred income tax liability 186.2us-gaap_DeferredTaxLiabilitiesNoncurrent 214.3us-gaap_DeferredTaxLiabilitiesNoncurrent
Net deferred income tax liability $ (104.1)us-gaap_DeferredTaxAssetsLiabilitiesNet $ (117.5)us-gaap_DeferredTaxAssetsLiabilitiesNet