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STOCKHOLDERS' EQUITY (Tables)
9 Months Ended
Sep. 30, 2014
Stockholders' Equity Note [Abstract]  
Schedule of accumulated other comprehensive income (loss)
Total non-stockholder changes in equity were as follows (in millions):
 
Three Months Ended
September 30,
 
Nine Months Ended
September 30,
 
2014
 
2013
 
2014
 
2013
Net income (loss)
$
64.2

 
$
93.7

 
$
238.5

 
$
135.6

Other comprehensive income (loss), net of tax:
 
 
 

 
 
 
 
Cumulative translation adjustment (CTA), net of (provision for) benefit from taxes of $9.2, $1.1, $11.0 and $(1.8), respectively
(176.3
)
 
90.7

 
(134.6
)
 
(26.4
)
Derivative hedging adjustment, net of (provision for) benefit from taxes of $1.7, $(1.5), $2.7 and $(0.9), respectively
(0.3
)
 
0.6

 
(2.5
)
 
3.5

Debt and equity securities adjustment, net of (provision for) benefit from taxes of $0.0, $0.0, $0.0 and $0.6, respectively
0.1

 

 
0.1

 
(1.9
)
Pension liability adjustment:
 
 
 
 
 
 
 
Amortization of actuarial (gain) loss, net of provision for (benefit from) taxes of $(0.4), $(0.8), $(1.4) and $(2.3), respectively
0.8

 
1.7

 
3.0

 
5.3

Foreign exchange and other effects, net of (provision for) benefit from taxes of $(1.6). $1.4, $(3.0) and $1.2, respectively
4.9

 
(3.4
)
 
4.3

 
(2.6
)
Total pension liability adjustment
5.7


(1.7
)
 
7.3

 
2.7

Other comprehensive income (loss)
(170.8
)
 
89.6

 
(129.7
)
 
(22.1
)
Comprehensive income (loss)
(106.6
)
 
183.3

 
108.8

 
113.5

Comprehensive loss (income) attributable to noncontrolling interest

 
0.7

 
0.9

 
4.0

Comprehensive income (loss) attributable to Terex Corporation
$
(106.6
)
 
$
184.0

 
$
109.7

 
$
117.5



Changes in Accumulated Other Comprehensive Income
The table below presents changes in AOCI by component for the three months ended September 30, 2014 and 2013. All amounts are net of tax (in millions).
 
Three months ended September 30, 2014
 
Three months ended September 30, 2013
 
CTA
Deriv. Hedging Adj.
Debt & Equity Securities Adj.
Pension Liability Adj.
Total
 
CTA
Deriv. Hedging Adj.
Debt & Equity Securities Adj.
Pension Liability Adj.
Total
Beginning balance
$
33.8

$
0.5

$

$
(109.7
)
$
(75.4
)
 
$
(103.0
)
$
2.5

$

$
(135.3
)
$
(235.8
)
Other comprehensive income before reclassifications
(176.3
)
(0.1
)
0.1

4.9

(171.4
)
 
90.7

2.4


(3.4
)
89.7

Amounts reclassified from AOCI

(0.2
)

0.8

0.6

 

(1.8
)

1.7

(0.1
)
Net other comprehensive Income (Loss)
(176.3
)
(0.3
)
0.1

5.7

(170.8
)
 
90.7

0.6


(1.7
)
89.6

Ending balance
$
(142.5
)
$
0.2

$
0.1

$
(104.0
)
$
(246.2
)
 
$
(12.3
)
$
3.1

$

$
(137.0
)
$
(146.2
)


The table below presents changes in AOCI by component for the nine months ended September 30, 2014 and 2013. All amounts are net of tax (in millions).
 
Nine months ended September 30, 2014
 
Nine months ended September 30, 2013
 
CTA
Deriv. Hedging Adj.
Debt & Equity Securities Adj.
Pension Liability Adj.
Total
 
CTA
Deriv. Hedging Adj.
Debt & Equity Securities Adj.
Pension Liability Adj.
Total
Beginning balance
$
(7.9
)
$
2.7

$

$
(111.3
)
$
(116.5
)
 
$
14.1

$
(0.4
)
$
1.9

$
(139.7
)
$
(124.1
)
Other comprehensive income before reclassifications
(138.6
)
0.3

0.1

4.3

(133.9
)
 
(23.8
)
4.3


(2.6
)
(22.1
)
Amounts reclassified from AOCI
4.0

(2.8
)

3.0

4.2

 
(2.6
)
(0.8
)
(1.9
)
5.3


Net Other Comprehensive Income (Loss)
(134.6
)
(2.5
)
0.1

7.3

(129.7
)
 
(26.4
)
3.5

(1.9
)
2.7

(22.1
)
Ending balance
$
(142.5
)
$
0.2

$
0.1

$
(104.0
)
$
(246.2
)
 
$
(12.3
)
$
3.1

$

$
(137.0
)
$
(146.2
)
Schedule of weighted-average assumptions used in the valuations
The following table presents the weighted-average assumptions used in the valuation:
 
Grant date
 
February 26, 2014
Dividend yields
0.46
%
Expected volatility
56.84
%
Risk free interest rate
0.63
%
Expected life (in years)
3

Redeemable noncontrolling interest
The following is a summary of redeemable noncontrolling interest as of September 30, 2014 (in millions):
Balance at January 1, 2014
 
$
53.9

Purchases
 
(53.7
)
Foreign currency translation
 
(0.2
)
Balance at September 30, 2014
 
$