XML 13 R54.htm IDEA: XBRL DOCUMENT v2.4.1.9

Debt (Details) (USD $)	3 Months Ended		7 Months Ended	1 Months Ended
	Mar. 31, 2015	Mar. 31, 2014	Dec. 31, 2011 facility	May 31, 2011	Dec. 31, 2014	Oct. 18, 2010	Oct. 19, 2012	Jan. 03, 2014	May 13, 2011
Debt:
Total debt	$ 1,674,200,000us-gaap_DebtAndCapitalLeaseObligations				$ 1,523,500,000us-gaap_DebtAndCapitalLeaseObligations
Less current portion and short-term borrowings	(66,500,000)us-gaap_DebtCurrent				(80,300,000)us-gaap_DebtCurrent
Long-term debt	1,607,700,000us-gaap_LongTermDebtAndCapitalLeaseObligations				1,443,200,000us-gaap_LongTermDebtAndCapitalLeaseObligations
Loss on debt extinguishment	0us-gaap_GainsLossesOnExtinguishmentOfDebt	(25,300,000)us-gaap_GainsLossesOnExtinguishmentOfDebt
Revolving Credit Facility [Member]
Debt:
Total debt	175,000,000us-gaap_DebtAndCapitalLeaseObligations / us-gaap_DebtInstrumentAxis = us-gaap_RevolvingCreditFacilityMember				0us-gaap_DebtAndCapitalLeaseObligations / us-gaap_DebtInstrumentAxis = us-gaap_RevolvingCreditFacilityMember
Term loan A
Debt:
Total debt	332,500,000us-gaap_DebtAndCapitalLeaseObligations / us-gaap_DebtInstrumentAxis = mtw_TermLoanMember				336,900,000us-gaap_DebtAndCapitalLeaseObligations / us-gaap_DebtInstrumentAxis = mtw_TermLoanMember
Term loan B
Debt:
Total debt	168,500,000us-gaap_DebtAndCapitalLeaseObligations / us-gaap_DebtInstrumentAxis = mtw_TermLoanBMember				168,500,000us-gaap_DebtAndCapitalLeaseObligations / us-gaap_DebtInstrumentAxis = mtw_TermLoanBMember
Senior notes due 2018
Debt:
Loss on debt extinguishment		23,300,000us-gaap_GainsLossesOnExtinguishmentOfDebt / us-gaap_DebtInstrumentAxis = mtw_SeniorNotesNinePointFivePercentDue2018Member
Write off of Deferred Debt Issuance Cost		4,300,000us-gaap_WriteOffOfDeferredDebtIssuanceCost / us-gaap_DebtInstrumentAxis = mtw_SeniorNotesNinePointFivePercentDue2018Member
Senior notes due 2020
Debt:
Total debt	615,200,000us-gaap_DebtAndCapitalLeaseObligations / us-gaap_DebtInstrumentAxis = mtw_SeniorNotesEightPointFivePercentDue2020Member				614,800,000us-gaap_DebtAndCapitalLeaseObligations / us-gaap_DebtInstrumentAxis = mtw_SeniorNotesEightPointFivePercentDue2020Member
Face amount of debt						600,000,000us-gaap_DebtInstrumentFaceAmount / us-gaap_DebtInstrumentAxis = mtw_SeniorNotesEightPointFivePercentDue2020Member
Senior notes due 2022
Debt:
Total debt	299,100,000us-gaap_DebtAndCapitalLeaseObligations / us-gaap_DebtInstrumentAxis = mtw_SeniorNotesFivePointEightSevenFiveDue2022Member				296,900,000us-gaap_DebtAndCapitalLeaseObligations / us-gaap_DebtInstrumentAxis = mtw_SeniorNotesFivePointEightSevenFiveDue2022Member
Face amount of debt							300,000,000us-gaap_DebtInstrumentFaceAmount / us-gaap_DebtInstrumentAxis = mtw_SeniorNotesFivePointEightSevenFiveDue2022Member
Other
Debt:
Total debt	83,900,000us-gaap_DebtAndCapitalLeaseObligations / us-gaap_DebtInstrumentAxis = mtw_OtherDebtMember				106,400,000us-gaap_DebtAndCapitalLeaseObligations / us-gaap_DebtInstrumentAxis = mtw_OtherDebtMember
Debt, Weighted Average Interest Rate	5.60%us-gaap_DebtWeightedAverageInterestRate / us-gaap_DebtInstrumentAxis = mtw_OtherDebtMember
New Senior Credit Facility [Member]
Debt:
Maximum borrowing capacity under revolving credit facility								1,050,000,000us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity / us-gaap_CreditFacilityAxis = mtw_NewSeniorCreditFacilityMember
Number of loan facilities included with the senior credit facility	3mtw_DebtInstrumentNumberOfLoanFacilitiesIncludedWithSeniorCreditFacility / us-gaap_CreditFacilityAxis = mtw_NewSeniorCreditFacilityMember
Write off of Deferred Debt Issuance Cost		2,000,000us-gaap_WriteOffOfDeferredDebtIssuanceCost / us-gaap_CreditFacilityAxis = mtw_NewSeniorCreditFacilityMember
Maximum restructuring expense for addback to Adjusted EBITDA in a twelve-month period	50,000,000mtw_MaximumrestructuringexpenseforaddbacktoAdjustedEBITDAinatwelvemonthperiod / us-gaap_CreditFacilityAxis = mtw_NewSeniorCreditFacilityMember
New Senior Credit Facility [Member] | Revolving Credit Facility [Member]
Debt:
Maximum borrowing capacity under revolving credit facility								500,000,000us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity / us-gaap_CreditFacilityAxis = mtw_NewSeniorCreditFacilityMember / us-gaap_DebtInstrumentAxis = us-gaap_RevolvingCreditFacilityMember
Debt Instrument, Term	5 years
New Senior Credit Facility [Member] | Term loan A
Debt:
Debt Instrument, Term	5 years
Face amount of debt								350,000,000us-gaap_DebtInstrumentFaceAmount / us-gaap_CreditFacilityAxis = mtw_NewSeniorCreditFacilityMember / us-gaap_DebtInstrumentAxis = mtw_TermLoanMember
New Senior Credit Facility [Member] | Term loan B
Debt:
Debt Instrument, Term	7 years
Face amount of debt								200,000,000us-gaap_DebtInstrumentFaceAmount / us-gaap_CreditFacilityAxis = mtw_NewSeniorCreditFacilityMember / us-gaap_DebtInstrumentAxis = mtw_TermLoanBMember
Prior Senior Credit Facility
Debt:
Maximum borrowing capacity under revolving credit facility									1,250,000,000us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity / us-gaap_CreditFacilityAxis = mtw_SeniorCreditFacilityMember
Number of loan facilities included with the senior credit facility			3mtw_DebtInstrumentNumberOfLoanFacilitiesIncludedWithSeniorCreditFacility / us-gaap_CreditFacilityAxis = mtw_SeniorCreditFacilityMember
Prior Senior Credit Facility | Revolving Credit Facility [Member]
Debt:
Maximum borrowing capacity under revolving credit facility									500,000,000us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity / us-gaap_CreditFacilityAxis = mtw_SeniorCreditFacilityMember / us-gaap_DebtInstrumentAxis = us-gaap_RevolvingCreditFacilityMember
Debt, Weighted Average Interest Rate	2.61%us-gaap_DebtWeightedAverageInterestRate / us-gaap_CreditFacilityAxis = mtw_SeniorCreditFacilityMember / us-gaap_DebtInstrumentAxis = us-gaap_RevolvingCreditFacilityMember
Line of Credit Facility, Highest Daily Borrowing	371,000,000mtw_LineOfCreditFacilityHighestDailyBorrowing / us-gaap_CreditFacilityAxis = mtw_SeniorCreditFacilityMember / us-gaap_DebtInstrumentAxis = us-gaap_RevolvingCreditFacilityMember
Line of Credit Facility, Average Outstanding Amount	289,400,000us-gaap_LineOfCreditFacilityAverageOutstandingAmount / us-gaap_CreditFacilityAxis = mtw_SeniorCreditFacilityMember / us-gaap_DebtInstrumentAxis = us-gaap_RevolvingCreditFacilityMember
Prior Senior Credit Facility | Line of Credit [Member]
Debt:
Debt Instrument, Term				5 years
Prior Senior Credit Facility | Term loan A
Debt:
Debt Instrument, Term				5 years
Debt Weighted Average Interest Rate, Including Interest Rate Caps	2.86%mtw_DebtWeightedAverageInterestRateIncludingSwaps / us-gaap_CreditFacilityAxis = mtw_SeniorCreditFacilityMember / us-gaap_DebtInstrumentAxis = mtw_TermLoanMember
Debt, Weighted Average Interest Rate	2.19%us-gaap_DebtWeightedAverageInterestRate / us-gaap_CreditFacilityAxis = mtw_SeniorCreditFacilityMember / us-gaap_DebtInstrumentAxis = mtw_TermLoanMember
Face amount of debt									350,000,000us-gaap_DebtInstrumentFaceAmount / us-gaap_CreditFacilityAxis = mtw_SeniorCreditFacilityMember / us-gaap_DebtInstrumentAxis = mtw_TermLoanMember
Prior Senior Credit Facility | Term loan B
Debt:
Debt Instrument, Term				6 years 6 months
Debt Weighted Average Interest Rate, Including Interest Rate Caps	3.25%mtw_DebtWeightedAverageInterestRateIncludingSwaps / us-gaap_CreditFacilityAxis = mtw_SeniorCreditFacilityMember / us-gaap_DebtInstrumentAxis = mtw_TermLoanBMember
Debt, Weighted Average Interest Rate	3.25%us-gaap_DebtWeightedAverageInterestRate / us-gaap_CreditFacilityAxis = mtw_SeniorCreditFacilityMember / us-gaap_DebtInstrumentAxis = mtw_TermLoanBMember
Face amount of debt									400,000,000us-gaap_DebtInstrumentFaceAmount / us-gaap_CreditFacilityAxis = mtw_SeniorCreditFacilityMember / us-gaap_DebtInstrumentAxis = mtw_TermLoanBMember
Cash Flow Hedging [Member] | Term loan A
Debt:
Derivative, Notional Amount	$ 175,000,000invest_DerivativeNotionalAmount / us-gaap_DebtInstrumentAxis = mtw_TermLoanMember / us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis = us-gaap_CashFlowHedgingMember				$ 175,000,000invest_DerivativeNotionalAmount / us-gaap_DebtInstrumentAxis = mtw_TermLoanMember / us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis = us-gaap_CashFlowHedgingMember
Derivative, Fixed Interest Rate Plus Applicable Spread	1.635%mtw_DerivativeFixedInterestRatePlusApplicableSpread / us-gaap_DebtInstrumentAxis = mtw_TermLoanMember / us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis = us-gaap_CashFlowHedgingMember
London Interbank Offered Rate (LIBOR) [Member] | Prior Senior Credit Facility
Debt:
Debt Instrument, Basis Spread on Variable Rate	2.00%us-gaap_DebtInstrumentBasisSpreadOnVariableRate1 / us-gaap_CreditFacilityAxis = mtw_SeniorCreditFacilityMember / us-gaap_VariableRateAxis = us-gaap_LondonInterbankOfferedRateLIBORMember
Prime Rate [Member] | Prior Senior Credit Facility
Debt:
Debt Instrument, Basis Spread on Variable Rate	1.00%us-gaap_DebtInstrumentBasisSpreadOnVariableRate1 / us-gaap_CreditFacilityAxis = mtw_SeniorCreditFacilityMember / us-gaap_VariableRateAxis = us-gaap_PrimeRateMember

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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.

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Period of time between issuance and maturity of debt instrument, in PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days.

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