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CONDENSED CONSOLIDATED BALANCE SHEET (USD $)
In Millions, unless otherwise specified
Sep. 30, 2014
Dec. 31, 2013
Current assets    
Cash and cash equivalents $ 344.5 $ 408.1
Trade receivables (net of allowance of $33.0 and $47.6 at September 30, 2014 and December 31, 2013, respectively) 1,196.2 1,176.8
Inventories 1,676.8 1,613.2
Other current assets 320.2 312.0
Current assets – discontinued operations 0 129.3
Total current assets 3,537.7 3,639.4
Non-current assets    
Property, plant and equipment – net 739.5 789.4
Goodwill 1,184.7 1,245.6
Intangible assets – net 397.5 444.8
Other assets 430.3 401.9
Non-current assets – discontinued operations 0 15.6
Total assets 6,289.7 6,536.7
Current liabilities    
Notes payable and current portion of long-term debt 160.4 86.8
Trade accounts payable 715.3 689.1
Accrued compensation and benefits 236.9 234.3
Accrued warranties and product liability 82.7 96.2
Customer advances 281.6 302.1
Other current liabilities 291.3 270.1
Current liabilities – discontinued operations 0 46.1
Total current liabilities 1,768.2 1,724.7
Non-current liabilities    
Long-term debt, less current portion 1,691.5 1,889.9
Retirement plans 348.9 388.2
Other non-current liabilities 232.5 259.5
Non-current liabilities – discontinued operations 0 5.7
Total liabilities 4,041.1 4,268.0
Commitments and contingencies      
Redeemable noncontrolling interest 0 53.9
Stockholders’ equity    
Common stock, $.01 par value – authorized 300.0 shares; issued 124.5 and 123.7 shares at September 30, 2014 and December 31, 2013, respectively 1.2 1.2
Additional paid-in capital 1,249.4 1,247.5
Retained earnings 1,910.3 1,688.1
Accumulated other comprehensive income (loss) (246.2) (116.5)
Less cost of shares of common stock in treasury – 15.5 and 13.8 shares at September 30, 2014 and December 31, 2013, respectively (697.0) (630.2)
Total Terex Corporation stockholders’ equity 2,217.7 2,190.1
Noncontrolling interest 30.9 24.7
Total stockholders’ equity 2,248.6 2,214.8
Total liabilities, redeemable noncontrolling interest and stockholders’ equity $ 6,289.7 $ 6,536.7